Indonesian Political, Business & Finance News

Archive: 3 June 2025

15 articles found

Apple's Batam AirTag Factory Proceeds Despite Trump Tariff Threats

The Ministry of Investment and Downstreaming/BKPM has confirmed that construction of Apple's AirTag factory in Batam will proceed despite threats of import tariffs from US President Donald Trump. BKPM Deputy for Investment Promotion Nurul Ichwan stressed that Trump's policy would have no...

Government's Sudden Cancellation of Electricity Tariff Discount Draws Surprise, Energy Minister Claims No Knowledge

In a rather surprising move, just days before 5 June 2025, the government suddenly cancelled the electricity tariff discount. The programme had been highly anticipated by the public, and many expressed disappointment at the cancellation.

Danantara Targets US$5 Billion in Investment for 2025 Across Eight Strategic Sectors

JAKARTA, KOMPAS — The Investment Management Agency (BPI) Danantara is targeting US$5 billion in investment realisation in 2025. With six months remaining this year, Danantara will focus its investments on a number of strategic sectors believed capable of driving Indonesia's economic growth.

Energy Minister Defends Indonesia's Nickel Downstreaming Against "Dirty" Accusations

Jakarta — Energy and Mineral Resources Minister Bahlil Lahadalia has responded to various protests labelling Indonesia's nickel downstreaming as "dirty". The criticism suggests that the country's nickel industry is not environmentally friendly or sustainable, linking it to issues of...

Apple AirTag Factory in Batam to Proceed Despite Trump's Tariff Threats

The Ministry of Investment and Downstreaming/BKPM has affirmed that the construction of Apple's AirTag factory in Batam will continue despite US President Donald Trump's plans to impose new import tariffs.

Deputy Minister Stresses Synchronisation and Collaboration to Advance MSMEs Across Indonesia

Deputy Minister for Micro, Small and Medium Enterprises (MSMEs) Helvi Moraza has emphasised the importance of synchronisation and collaboration with various stakeholders in efforts to advance MSMEs in Indonesia.

Indonesia Requires US$618 Billion in Investment to Drive National Downstreaming Programme Until 2040

Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia has revealed that Indonesia requires massive investment to drive the national cross-sector downstreaming programme through to 2040. According to Bahlil, the investment needed to build a complete upstream-to-downstream downstreaming...

Government Eyes Steel Industry as Key Driver of Economic Growth and Downstream Industrialisation

Amid the Indonesian government's efforts to strengthen downstream processing across major sectors such as nickel, copper and palm oil, the steel industry is emerging as a crucial pillar in accelerating national economic growth.

Chinese and European Firms Keen to Build EV Charging Stations in Indonesia, Regulatory Relaxation Planned

Jakarta (ANTARA) - The Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) has stated that numerous Chinese and European companies are keen to build public electric vehicle charging stations (SPKLU) in Indonesia.

Apple's Batam AirTag Factory to Proceed Despite Trump's Import Tariff Threats

Jakarta (ANTARA) - The Ministry of Investment and Downstream Industries/Investment Coordinating Board (BKPM) has confirmed that Apple's AirTag factory in Batam will proceed with construction despite import tariffs expected to be imposed by United States President Donald Trump.

Deputy Minister Emphasises Synchronisation and Collaboration to Advance MSMEs in Indonesia

Deputy Minister for Micro, Small, and Medium Enterprises (MSMEs) Helvi Moraza has emphasised the importance of synchronisation and collaboration with various stakeholders in efforts to advance MSMEs in Indonesia.

List of Deputy Ministers Holding Dual Positions on SOE Boards

TEMPO.CO, Jakarta - A number of State-Owned Enterprises (SOEs) have held their Annual General Meetings of Shareholders (AGMS) for the 2024 financial year. The meetings were convened after previously being asked to be postponed by the Chief Executive Officer of the Daya Anagata Nusantara Investment...

Indonesia Targets Becoming World's Largest EV Battery Producer by 2040

JAKARTA. The Ministry of Investment and Downstream Industries/Investment Coordinating Board (BKPM) has stated that Indonesia is targeted to become the world's largest electric vehicle battery producing nation by 2040.

Immigration Directorate Introduces New Residence Permit Regulations for Foreign Nationals

The Directorate General of Immigration has introduced new regulations for managing residence permits for foreign nationals in Indonesia. Referring to Circular Letter Number IMI-417.GR.01.01 of 2025, which took effect as of last Thursday (29 May), foreign nationals residing in Indonesia are now...

Government Drives Iron and Steel Industry as Lever for High Value-Added Exports

Bisnis.com, JAKARTA — The government is promoting the iron and steel industry as a lever for productivity and high value-added exports. Deputy for Investment Planning at the Ministry of Investment and Downstreaming/BKPM, Dedi Latip, said that in line with the government's policy to transform the...