Indonesian Political, Business & Finance News

Archive: 13 July 2025

8 articles found

Paser Regional Parliament Consults Investment Ministry on Draft Regulation for Business Incentives

TANA PASER - Special Committee (Pansus) III of the Paser Regional Parliament (DPRD) conducted a working visit to the Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) of the Republic of Indonesia on 10 July. The purpose of the visit was to consult on a Draft Regional Regulation (Raperda) concerning the Provision of Business Incentives and Facilitation, which is currently being deliberated at the regional level.

Ministry of Marine Affairs Strengthens Investment Promotion in Fisheries Sector

Jakarta - The Directorate General for Strengthening the Competitiveness of Marine and Fisheries Products (PDS) at the Ministry of Marine Affairs and Fisheries (KKP) continues to strengthen its synergy with the Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) and regional Marine and Fisheries Agencies to promote investment in the marine and fisheries sector.

Prabowo Leads Limited Cabinet Meeting via Video Conference During Belgium Visit

President Prabowo Subianto led a limited meeting via video conference during his foreign visit to Belgium on Saturday, 12 July 2025. He connected with seven coordinating ministers of the Red and White Cabinet and State Secretary Minister Prasetyo Hadi. The meeting commenced at 5:00 p.m. Jakarta time, with Prabowo accompanied by Cabinet Secretary Teddy Indra Wijaya in Brussels, the capital of Belgium.

Indonesia's Coconut Exports Surge 146% on Government Support and Strategic Market Access

Indonesia's coconut exports surged dramatically in early 2025, with shipments reaching 71,077 tons and a 146% year-on-year increase driven by strong Chinese and regional demand. The Indonesian government supports the sector through farmer-friendly policies, improved export logistics, and downstream processing investments, whilst tackling supply constraints from El Niño weather and ageing plantations.

Deputy Investment Minister Highlights Key Challenges Facing Indonesia's Downstreaming Programme

Jakarta, CNBC Indonesia — Deputy Minister of Investment and Downstreaming/Deputy Head of BKPM Todotua Pasaribu has revealed that despite positive growth trends in downstreaming sector investment, a number of fundamental challenges must be addressed to ensure the programme’s sustainability. According to Todotua, the primary challenge lies in securing genuine commitment to engaging in a comprehensive downstreaming process.

President Jokowi Plans Working Visit to Three Middle Eastern Countries

TEMPO.CO, Jakarta - President Joko Widodo planned to undertake a working visit to several countries in the Middle East. The three countries to be visited were Saudi Arabia, the United Arab Emirates, and Qatar. The five-day working visit aimed to strengthen bilateral relations in the economic sphere. Foreign Ministry Spokesperson Armanatha Nasir said the three countries were chosen because they possess oil and gas reserves, economic growth, and stable political situations.

House Commission XII Highlights Tax Arrears of Nickel Companies PT VDNI and PT OSS in Southeast Sulawesi

KENDARI – House of Representatives Commission XII has highlighted the tax arrears of PT Virtue Dragon Nickel Industry (PT VDNI) and PT Obsidian Stainless Steel (PT OSS), which operate in Morosi District, Konawe Regency, Southeast Sulawesi. The matter came to light during a Commission XII working visit meeting held at Hotel Claro, Kendari, on Friday (11 July 2025).

Governor Urges Two National Flag-Raising Representatives from Southeast Sulawesi to Uphold Regional Honour

Kendari (ANTARA) — The Governor of Southeast Sulawesi (Sultra) has called on the province’s two representatives in the 2025 National Flag-Raising Squad (Paskibraka) to uphold the good name of their region throughout their training programme. Governor Andi Sumangerukka, speaking in South Konawe on Friday, said the two students who passed the national Paskibraka selection were Muhammad Faiq Alimudin from Kendari City and Alika Zea Chanidya from West Muna Regency.