Indonesian Political, Business & Finance News

Archive: 29 June 2025

16 articles found

EV Battery Ecosystem Project Could Cut Fuel Imports by 300,000 Kilolitres Annually

KARAWANG - The Minister of Energy and Mineral Resources has stated that the electric vehicle battery ecosystem development project being undertaken by PT Aneka Tambang Tbk (ANTM), CATL, and Indonesia Battery Corporation (IBC) has the potential to reduce fuel oil imports by up to 300,000 kilolitres...

Electric Vehicle Battery Ecosystem Project Could Cut Fuel Imports by 300,000 Kilolitres Annually

KARAWANG — The electric vehicle battery ecosystem development project undertaken by PT Aneka Tambang Tbk (ANTM), CATL, and Indonesia Battery Corporation (IBC) has the potential to reduce fuel oil imports by 300,000 kilolitres per year.

Singapore Tops Foreign Investment in Indonesia During January-September 2017

The Investment Coordinating Board (BKPM) recorded Singapore as the largest foreign investor in Indonesia during the January-September 2017 period. Total investment realisation during the period reached Rp 513.2 trillion, comprising Rp 318.5 trillion in foreign direct investment (PMA) and Rp 194.

Ministry of Investment Seeks Stronger Collaboration with Regional Governments

Todotua stated that the forum was one he had personally looked forward to, as it provided an opportunity for direct, face-to-face engagement. "Our ministry is one that will interact extensively with the functions of provincial and district/city officials," he said.

East Luwu Integrated Industrial Zone Investment Plans Progress Following Ministry Meeting

Investment plans currently being developed by PT Kawasan Industri Terpadu Luwu Timur (PT KITLT) continue to move forward. To ensure investment readiness on approximately 2,000 hectares of land, the Ministry of Investment and Downstreaming/BKPM specially invited PT KITLT's management and a number of...

New Era of Business Licensing in Indonesia: Government Regulation 28/2025 Overhauls Permit System

The Indonesian government has introduced major updates to its business licensing system through the issuance of Government Regulation No. 28 of 2025 (PP 28/2025). The regulation replaces PP No. 5 of 2021, streamlining procedures whilst enhancing legal clarity and compliance.

Government to Legalise Traditional Oil Wells in Tuban

The hopes of residents managing old oil wells in Tuban Regency have finally found a ray of light. The government, through the Ministry of Investment/BKPM, will officially legalise community oil drilling activities that have long operated under legal uncertainty.

Todotua Introduces FikPos to Regional Leaders

Jakarta: Deputy Minister of Investment and Downstreaming/Deputy Head of the Investment Coordinating Board (BKPM) Todotua Pasaribu introduced the Fictive Positive (FikPos) principle to regional heads and deputy regional heads.

Ministry of Communications Blocks Access to eBay, KLM and Bath & Body Works Over Registration Non-Compliance

The Ministry of Communications and Digital of the Republic of Indonesia has severed access to three Private Scope Electronic System Operators (PSE) that have failed to demonstrate genuine commitment to fulfilling their registration obligations. Among them is a major US-based e-commerce platform.

A New Era of Business Licensing in Indonesia: Key Changes Under Government Regulation 28/2025

The Indonesian government has introduced major updates to its business licensing system through the issuance of Government Regulation No. 28 of 2025 (PP 28/2025). This regulation replaces PP No. 5 of 2021, streamlining procedures whilst enhancing legal clarity and compliance.

Indonesia Blocks Access to eBay, KLM and Bath & Body Works Over Registration Non-Compliance

Three international digital services — eBay Inc., KLM Royal Dutch Airlines, and PT Dunia Luxindo (Bath & Body Works) — have been officially blocked in Indonesia by the Ministry of Communication and Digital (Kemenkomdigi).

Deputy Investment Minister Introduces Fictive Positive Principle in Business Licensing System

JAKARTA — Deputy Minister of Investment and Downstream Industries/Deputy Head of the Investment Coordinating Board (BKPM), Todotua Pasaribu, introduced the Fictive Positive (FikPos) principle, which has been implemented in the Risk-Based Online Single Submission (OSS) business licensing system...

Deputy Investment Minister Introduces 'Fictive Positive' Policy to Accelerate Business Licensing

Sumedang — Deputy Minister of Investment and Downstreaming/Deputy Head of BKPM, Todotua Pasaribu, has officially introduced the Fictive Positive (FikPos) policy as a new innovation in Indonesia's business licensing system.

Deputy Investment Minister Introduces 'Fictive Positive' System for Business Licensing

Deputy Minister of Investment and Downstreaming/Deputy Head of the Investment Coordinating Board (BKPM) Todotua Pasaribu has introduced the Fictive Positive (FikPos) system within the Risk-Based Online Single Submission (OSS) business licensing framework.

Walhi: Industrial Pollution from Nickel Smelters in Konawe Triggers 5,000 Cases of Respiratory Infection

KENDARI – The Indonesian Forum for the Environment (Walhi) Southeast Sulawesi has stated that pollution from the industrial activities of PT Virtue Dragon Nickel Industry (PT VDNI) and PT Obsidian Stainless Steel (PT OSS) in Konawe Regency has triggered upper respiratory tract infections (ISPA).

Government Accelerates Spatial Plan Integration with OSS to Boost Infrastructure Investment

The government continues to accelerate the integration of Detailed Spatial Plans (RDTR) with the electronically integrated licensing system, Online Single Submission (OSS), as a strategic step to drive investment growth in the infrastructure sector.