Indonesian Political, Business & Finance News

Archive: 11 June 2025

14 articles found

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.

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. However, one company was allowed to continue operating: PT Gag Nikel.

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 for the construction of PT Chandra Asri Alkali’s electric vehicle battery factory.

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.

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 Sports Office, enthusiastically attended a Technical Guidance session on Risk-Based Business Licensing Registration Consultation Services for the Tourism Sector.

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. After checking the Online Single Submission (OSS) system, the Klungkung Investment and One-Stop Integrated Services Agency found that the business operator identified as N. Fian Varian Jaya S has no registered business field in Klungkung Regency.

Indonesia Must Resist Chinese Influence to Protect National Sovereignty

Indonesia faces mounting concerns over Chinese economic and geopolitical influence, with critics warning that investments in infrastructure, mining, and energy sectors threaten national sovereignty and create debt dependency. The article highlights territorial disputes in the South China Sea and argues that deepening economic ties risk eroding Indonesian autonomy and limiting independent policy-making.

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. The reporting concerns the Capital Investment Activity Report (LKPM) for the second quarter of the first semester of 2025, a mandatory report that must be prepared and submitted periodically by business operators to the Investment Coordinating Board (BKPM).

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. This was conveyed by Idrus, a Junior Expert Licensing Officer at DPMPTSP Bontang, when met at his office.

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. Madiun Mayor Dr Maidi emphasised the importance of speed and accountability in the OSS-based licensing process.

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. In the plea read by Tony Surjana’s legal team, the main focus was directed at irregularities in a survey assignment letter from the National Land Agency (BPN) of North Jakarta, which was dated 4 January 2004—a Sunday, which is a national holiday.

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 to Online Single Submission (OSS) accounts.

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: On the profile data form, MSME owners must complete any missing information, then click Save and Continue. The following steps must be completed by MSME owners on the business data form: Click the Add Business button. Complete the required data in the business data form. Once the entered data is complete and correct, click Save then Next.

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 projects. Rosan said Danantara has a role in accelerating waste-to-energy initiatives across various regions. Rosan noted that Danantara would consider the returns to be gained from such investments.