Indonesian Political, Business & Finance News

Archive: 17 June 2025

13 articles found

Danantara Plans Rp 130 Trillion Investment for Subsidised Housing

JAKARTA, investor.id – The Daya Anagata Nusantara Investment Management Agency (Danantara Indonesia), acting on instructions from President Prabowo Subianto, plans to invest Rp 130 trillion in subsidised housing construction.

Papuan Customary Council Rejects Minister Bahlil's Call to Settle Raja Ampat Nickel Mining Case Through Customary Law

The Papuan Customary Council (DAP) has spoken out regarding a unilateral statement by Investment Minister and BKPM Head Bahlil Lahadalia suggesting that the suspected criminal nickel mining case in the Raja Ampat world conservation area, South West Papua, should be resolved through customary law.

10,000-Metre-High Ash Cloud Following Volcanic Eruption in Indonesia

A major eruption from the Lewotobi volcano on the island of Flores in Indonesia has sent an enormous ash cloud into the sky. Authorities have urged people to stay away from the volcano. The ash cloud reportedly reached ten kilometres in height, according to Indonesia's Centre for Volcanology and...

Prabowo Invites Temasek to Collaborate with Danantara Across Multiple Sectors

Indonesian President Prabowo Subianto invited Temasek Holdings, a global investment company owned by the Singapore government, to collaborate with the Daya Anagata Nusantara Investment Management Agency (Danantara). Both entities have the opportunity to collaborate in various sectors.

West Sumatra Civil Society Coalition Deems Forest Exploitation Permit on Sipora Island Environmentally Unviable

PADANG — The West Sumatra Civil Society Coalition has deemed the planned forest utilisation by PT Sumber Permata Sipora (PT SPS) on Sipora Island, Mentawai Islands Regency, environmentally unviable. The assessment was issued following the publication of a commitment approval letter from...

EU and Indonesia Sign Cooperation Agreement to Establish EU Desk at Ministry of Investment

InfoSAWIT, JAKARTA — Efforts to strengthen economic relations between Indonesia and the European Union (EU) have entered a new chapter. The EU Delegation to Indonesia and the Ministry of Investment/Investment Coordinating Board (BKPM) have officially signed a Cooperation Statement to establish an...

Buton Produces 100,000 Tonnes of Asphalt Annually, Production Needs to Reach 5 Million Tonnes to End Imports

Jakarta, IDN Times - Investment Minister and Head of BKPM Bahlil Lahadalia said that Buton Regency in Southeast Sulawesi has begun producing 100,000 tonnes of asphalt per year. To meet domestic demand, production capacity needs to be increased to 5 million tonnes per year.

Indonesia's Insurance Industry Faces Wave of Change Ahead of MDRT Day 2025

Indonesia's insurance industry is confronting a wave of change that demands rapid adaptation and innovative strategies to remain relevant and sustainable. The Million Dollar Round Table (MDRT) Day Indonesia 2025, scheduled for 23 July 2025, has placed this crucial issue at the centre of its agenda.

Indonesia's Competitiveness Hindered by Licensing Delays and Logistics Costs, Not Tax Rates, Says UI Professor

Jakarta, CNBC Indonesia - University of Indonesia Faculty of Economics and Business (FEB UI) Professor Telisa Aulia Falianty has explained that the main challenge in improving Indonesia's competitiveness is not about tax rates.

Norwegian School Students Raise Record Two Million Kroner for Mission and Aid Work in Indonesia

This year's mission project at Tryggheim Upper Secondary School in Jæren, Norway, resulted in a record-high sum of 1,875,000 Norwegian kroner for aid and evangelisation work in Indonesia. Rather than bringing bad luck, Friday the 13th brought joy and happiness to the students at Tryggheim Upper...

Investment Ministry and EU Inaugurate EU Desk to Boost European Investment in Indonesia

The Investment Ministry, the Indonesia Investment Coordinating Board (BKPM), and the European Union Delegation have officially inaugurated the establishment of the EU Desk as a service centre for European investors in Indonesia.

Prabowo Admits Drawing Inspiration from Singapore's Government Programmes

President Prabowo Subianto admitted that his administration has drawn inspiration from Singapore's government programmes during his state visit to the country on Monday, 16 June 2025. Reflecting on Singapore's early years, Prabowo said he had long admired the nation's success, particularly under...

Ministry of Investment Establishes EU Desk to Boost European Investment in Indonesia

The European Union is an important partner for Indonesia, and the establishment of the EU Desk will further strengthen collaboration in the future. Jakarta (ANTARA) - The Ministry of Investment and Downstream Industries/Investment Coordinating Board (BKPM) has established a European Union (EU)...