Indonesian Political, Business & Finance News

Archive: 11 June 2025

13 articles found

Bank Indonesia Reports Decline in Net International Investment Liabilities in Q1 2025

Jakarta (ANTARA) - Bank Indonesia (BI) reported that Indonesia's international investment position (IIP) in the first quarter of 2025 recorded a decline in net liabilities to 224.5 billion US dollars, down from 245.7 billion US dollars at the end of the fourth quarter of 2024.

Banten Police Name Two New Suspects in Cilegon Chamber of Commerce Extortion Case Against EV Battery Factory

The Criminal Investigation Directorate of Banten Regional Police on Wednesday (11/6) named two new suspects, identified by the initials IB and ZB, in a case of alleged extortion and coercion by officials of the Cilegon City Chamber of Commerce and Industry (Kadin) against PT Chengda, the contractor...

Profile of PT Gag Nikel, the Raja Ampat Mining Company Whose Permit Was Not Revoked

Jakarta: The mining controversy has resurfaced in Raja Ampat. On Tuesday, 10 June 2025, the government, through the Ministry of Energy and Mineral Resources (ESDM), revoked the Mining Business Permits (IUP) of four mining companies operating on small islands and in forest areas.

Investment Ministry Seeks to Expand Copper Downstream Industries Beyond First-Tier Processing

JAKARTA — The Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) has stated it is working to increase downstream investment in the copper sector to produce advanced products with higher added value.

South Kalimantan Tourism Office Drives Investment Climate Through Business Licensing Training

BARITO KUALA — The South Kalimantan Provincial Tourism Office (Dispar) is making a concerted effort to boost the investment climate in the tourism sector. A total of 40 participants, comprising 35 tourism business operators and 5 representatives from the Barito Kuala Regency Tourism, Youth and...

Glamping Project Near Goa Lawah Temple Confirmed to Lack Permits

SEMARAPURA — Construction activity on a camping or glamping project at Bukit Tengah in Pesinggahan Village, located near Pura Goa Lawah in Klungkung, Bali, has been confirmed to be operating without the required permits.

Bontang Investment Agency Reminds Companies to Submit Quarterly Capital Investment Reports

BONTANG – As the city's investment and licensing institution, the Bontang Investment and One-Stop Integrated Services Agency (DPMPTSP Bontang) has once again reminded investment companies to submit their reports.

Madiun Mayor Urges Accountability in Online Single Submission Licensing Implementation

In an effort to balance the accelerating development of Madiun City alongside the growing number of business operators, the local government held a socialisation event for the standard operating procedures (SOP) for Online Single Submission (OSS) implementation.

Bontang Investment Agency Commits to Fast, Transparent Digital Licensing Services

BONTANG – In an effort to improve public services and create a conducive investment climate, the Bontang Investment and One-Stop Integrated Services Agency (DPMPTSP Bontang) continues to commit to providing fast, transparent and accountable licensing services.

North Jakarta Court Hears Defence Plea in Alleged Forgery of Authentic Deed Case

The North Jakarta District Court resumed hearings in the alleged forgery of an authentic deed case against defendant Tony Surjana on Tuesday (10/6). The agenda for this session was the reading of the defence plea from the defendant's side.

Bontang Investment Agency Tightens OSS Account Verification to Protect Business Digital Identities

BONTANG – In today's fast-paced digital era, protecting the digital identities of business operators has become increasingly important. Recognising this, the Bontang Investment and One-Stop Integrated Services Agency (DPMPTSP Bontang) has taken proactive steps by tightening procedures for changes...

Step-by-Step Process for Obtaining NIB and Business Permits for MSMEs

The following is the series of steps for obtaining a NIB (Business Identification Number) and business permits: 1. On the profile data form, MSME owners must complete any missing information, then click Save and Continue. 2.

Danantara Invites Private Sector to Invest in Waste-to-Energy Projects

Jakarta, VIVA – The Daya Anagata Nusantara Investment Management Agency (BPI Danantara) plans to invest in waste-to-energy projects. Danantara Chief Executive Officer Rosan Roeslani explained that his organisation is inviting private sector players to jointly develop these renewable energy...