Indonesian Political, Business & Finance News

Archive: 22 June 2025

3 articles found

Over 90 Per Cent of Designated Industrial Estate Land Remains Unused

TEMPO.CO, Jakarta - The Ministry of Agrarian Affairs and Spatial Planning/National Land Agency (ATR/BPN) has recorded that more than 90 per cent of industrial estate land designated in spatial plans remains undeveloped.

President Prabowo Updates Risk-Based Business Licensing Regulations

Jakarta: The government has issued Government Regulation Number 28 of 2025 on the Implementation of Risk-Based Business Licensing (PBBR). The regulation was signed by President Prabowo Subianto on 5 June 2025 and came into effect upon its promulgation.

Discrepancy in Indonesia's FDI Data Not a New Phenomenon, Says Economist

JAKARTA. The latest report from the United Nations Conference on Trade and Development (UNCTAD) shows that realised foreign direct investment (FDI) into Indonesia throughout 2024 amounted to only US$24.21 billion, or approximately Rp363.