Indonesian Political, Business & Finance News

Archive: 27 June 2025

14 articles found

Ministry of Energy Allocates JTB Gas for Bioethanol-Methanol Plant in Bojonegoro, but Forestry Permit Remains Pending

The Ministry of Energy and Mineral Resources (ESDM) has allocated 110 MMBTu (Million British Thermal Units) of gas from the Jambaran-Tiung Biru (JTB) field to PT Butonas Petrochemical Indonesia (BPI) for the construction of a bioethanol-methanol plant in Bojonegoro Regency, East Java. However, the Ministry of Forestry has yet to grant a permit for the release of forest land as the factory site.

Norway's Climate Quota Purchase Agreement with Indonesia Draws Domestic Criticism

The purchase of climate quotas remains controversial in Norway. The Red Party (Rødt) has reacted to the agreement. “First there was a deal for 200 million with Uzbekistan, now Indonesia. This is the government’s climate policy in practice: that we should buy our way out of cutting emissions at home by paying others to do the heavy lifting.

Norway Signs Climate Deal with Indonesia to Support Transition Away from Coal Power

Norway has signed a climate agreement with Indonesia that opens the door for the purchase of carbon credits, with the aim of supporting the country’s transition away from coal power and reducing greenhouse gas emissions. The deal involves Norwegian financing of renewable energy projects in Indonesia, particularly investment in floating solar power plants.

Danantara Chief Eyes Indonesia as Global Halal Ecosystem Hub, Targeting Sharia Finance Potential

Jakarta: Investment Minister and BKPM Head, who also serves as CEO of Danantara Indonesia, Rosan Perkasa Roeslani, has declared that Indonesia is preparing to claim the top position in the global halal industry. Referring to the National Long-Term Development Roadmap (RPJPN) for Sharia Economics and Finance 2025-2045, Rosan emphasised that the advancement of the sharia finance industry plays a strategic role in realising the Golden Indonesia 2045 vision.

Indonesia Aims for Top Spot in Global Halal Industry

Investment Minister and BKPM Head, who also serves as CEO of BPI Danantara, Rosan Roeslani, at the opening of BSI International Expo 2025 at the Jakarta International Convention Center. Indonesia is preparing to claim the top position in the global halal industry. This was affirmed by Investment Minister/BKPM Head and CEO of Danantara Indonesia, Rosan P. Roeslani, when opening the BSI International Expo 2025, held from 26 to 29 June at the Jakarta International Convention Center.

BSI International Expo 2025 Drives Halal Industry Growth in Indonesia

Opened directly by the Minister of Investment/Head of BKPM and CEO of Danantara Indonesia, Rosan P Roeslani, the BSI International Expo 2025 aims to drive the halal industry in Indonesia. The event runs from 26 to 29 June in Jakarta.

Indonesia Prepares to Claim Top Spot in Global Halal Industry

JAKARTA - Investment Minister/BKPM Head Rosan P. Roeslani has stated that Indonesia is preparing to become the number one player in the global halal industry. Referring to the National Long-Term Development Roadmap (RPJPN) for Islamic Economy and Finance 2025–2045, Rosan emphasised that the advancement of the Islamic finance industry plays a strategic role in realising the Golden Indonesia 2045 vision.

North Jakarta Immigration Office Detains Two Chinese Nationals Over Fictitious Companies

The Class I Immigration Office in North Jakarta has successfully detained two Chinese nationals found to have committed immigration violations.

Investment Ministry and Batam Authority Sign MoU to Boost Investment in Free Trade Zone

Jakarta — Investment and Downstreaming Minister/BKPM Head Rosan Perkasa Roeslani and Batam Mayor cum Batam Development Authority (BP Batam) Head Amsakar Achmad signed a Memorandum of Understanding (MoU) on Investment Development in the Batam Free Trade and Free Port Zone (KPBPB).

President Prabowo Approves Development of North Bali International Airport

Gianyar, Bali — Coordinating Minister for Community Empowerment Muhaimin Iskandar stated that President Prabowo Subianto has approved the development of North Bali International Airport (BIBU). “We have received the president’s endorsements. We have readied the technical aspects, and we will strive to make North Bali International Airport a reality very soon,” Iskandar stated here on Thursday.

BSI International Expo 2025 Launched to Position Indonesia as Global Halal Ecosystem Leader

Jakarta, 26 June 2025. Minister of Investment and Downstreaming/Head of BKPM and CEO of BPI Danantara, Rosan Roeslani, together with the Chief Executive of Banking Supervision and Member of the Board of Commissioners of the Financial Services Authority (OJK), Dian Ediana Rae, President Director of PT Bank Syariah Indonesia Tbk (BSI), Anggoro Eko Cahyo, and President Commissioner of PT Bank Syariah Indonesia Tbk, Muhadjir Effendy, attended the opening of the BSI International Expo 2025 at the...

North Jakarta Immigration Detains Two Chinese Nationals for Using Fictitious Companies to Obtain Residency Permits

JAKARTA — The Class I Immigration Office of North Jakarta successfully apprehended two Chinese nationals on Monday (23/6/2025). The pair were suspected of committing immigration violations by manipulating company documents to obtain residency permits. Head of the Class I Immigration Office of North Jakarta, Rendra Mauliansyah, confirmed the arrests in an official statement on Thursday (26/6/2025).

North Jakarta Immigration Office Uncovers Two Chinese Nationals Operating as Bogus Investors with Fictitious Companies

The Class I Immigration Office of North Jakarta has exposed the scheme of two Chinese nationals who posed as bogus investors. Head of the North Jakarta Class I Immigration Office, Rendra Mauliansyah, confirmed that the two individuals, identified by their initials ZM and ZY, were apprehended in the Penjaringan area of North Jakarta after being found to have established fictitious companies in order to obtain residency permits in Indonesia.

The Strategic Role of the Ministry of Investment and Downstream Industries (BKPM) in Building Indonesia's Economy

In efforts to build a resilient and competitive national economy amid global dynamics, the role of the Ministry of Investment and Downstream Industries, better known as the Investment Coordinating Board (BKPM), has become highly strategic. BKPM serves as the government’s spearhead in attracting and managing both domestic and foreign investment effectively and sustainably. The Ministry of Investment is currently led by Rosan Perkasa Roeslani.