Indonesian Political, Business & Finance News

Archive: 15 July 2025

21 articles found

Indonesia to Build Asia's First Quantum AI Data Centre with USD 400 Million Investment in Batam

Indonesia is consolidating its position as a hub for advanced computing based on artificial intelligence (AI) and quantum technology — the first of its kind in Asia — through the construction of a Quantum AI Data Centre. The strategic project is projected to position Indonesia as a leader in the future digital ecosystem, with initial investment valued at USD 400 million, equivalent to Rp 6 trillion.

Central Kalimantan Aggressively Courts Investors to Boost Economy and Employment

Jakarta: Central Kalimantan Governor Agustiar Sabran is stepping up efforts to attract investment to advance his region. Today, Sabran held a key coordination meeting with Deputy Minister of Investment and Downstreaming/Head of the Investment Coordinating Board (BKPM), Todotua Pasaribu, at the Ministry of Investment and Downstreaming/BKPM offices.

Central Kalimantan Governor Strengthens Strategy to Attract Large-Scale Investment in Downstream Industries

Central Kalimantan Governor Agustiar Sabran continues to strengthen strategic measures to attract large-scale investment in order to accelerate regional economic development. At the offices of the Ministry of Investment and Downstream Industries/BKPM, Agustiar held a coordination meeting with Deputy Minister of Investment and Downstream Industries/Head of BKPM, Todotua Pasaribu, on Tuesday, 15 July 2025.

Central Kalimantan Intensifies Efforts to Attract Investors, Boost Economy and Employment

JAKARTA – Central Kalimantan Governor Agustiar Sabran is becoming increasingly aggressive in attracting investment to advance his region. Most recently, Sabran held a coordination meeting with Deputy Minister of Investment and Downstreaming/Head of the Investment Coordinating Board (BKPM) Todotua Pasaribu at the Ministry of Investment and Downstreaming/BKPM office on Tuesday (15/7/2025).

Central Kalimantan Governor Steps Up Investment Drive with Deputy Minister Meeting

Central Kalimantan Governor Agustiar Sabran is becoming increasingly aggressive in attracting investment to develop his region. On Tuesday, Sabran held a coordination meeting to discuss a number of important matters with Deputy Minister of Investment and Downstream Industries/Head of the Investment Coordinating Board (BKPM) Todotua Pasaribu.

Indonesia to Host Asia's First Quantum AI Data Centre with US$400 Million Investment

The Ministry of Investment and Downstream Industries/Investment Coordinating Board (BKPM) is facilitating the development of Asia’s first quantum AI data centre, valued at US$400 million (equivalent to more than Rp6 trillion).

Trump Announces Trade Deal with Indonesia

US President Donald Trump said on Tuesday that the country has reached a trade deal with Indonesia. The president did not provide any details about the alleged agreement. “Fantastic deal for all parties, just reached with Indonesia. I negotiated directly with the country’s highly respected president. DETAILS TO FOLLOW!!!” Trump wrote in a post on Truth Social.

West Sumatra Investment Agency Holds Direct Business Licensing Services in Pesisir Selatan

The Investment and One-Stop Integrated Services Agency (DPMPTSP) of West Sumatra Province held a Socialisation and Direct Risk-Based Business Licensing (OSS RBA) Service event at Gizzella Hotel, Pesisir Selatan Regency, on Monday-Tuesday (14-15 July 2025). The event was officially opened by DPMPTSP West Sumatra Head Adib Alfikri, and attended by Bakri Bakar, a community figure and speaker who is also a member of the West Sumatra Provincial Legislative Council (DPRD).

Lebong Regent Azhari Holds Meeting with Investment Ministry and BKPM to Accelerate PT PGE Production

Jakarta — In an effort to accelerate renewable energy production in Lebong Regency, Lebong Regent H Azhari SH MH, together with the management of PT Pertamina Geothermal Energy (PGE) and PT Perusahaan Listrik Negara (PLN), attended a meeting with the Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) of the Republic of Indonesia on Tuesday morning (15/07/2025).

Indonesia to Host Asia's First Quantum AI Data Centre with US$400 Million Investment

The Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) is facilitating the construction of Asia’s first quantum AI data centre, with an investment value of US$400 million (more than Rp6 trillion).

Investment Ministry Pushes Bukit Asam and PGN to Join Coal Downstreaming Projects

Jakarta, CNBC Indonesia — The Ministry of Investment and Downstreaming/BKPM is pushing two major state-owned enterprises, namely PT Bukit Asam Tbk (PTBA) and PT Perusahaan Gas Negara Tbk (PGN), to participate in coal downstreaming projects. Deputy Minister of Investment and Downstreaming/BKPM Todotua Pasaribu said PTBA and PGN are being encouraged to develop domestic coal downstreaming projects.

Indonesia Secures Multi-Entry EU Visa and Landmark Trade Agreement

Indonesia has secured multi-entry EU Schengen visa access for eligible travellers, coinciding with a major trade agreement that reduces tariffs on 80% of Indonesian exports to the European Union. The combined measures are expected to significantly boost bilateral trade volumes and create substantial economic opportunities for Indonesian businesses in key sectors including textiles, seafood, palm oil, and automotive parts.

Indonesia and Saudi Arabia Seal USD 27 Billion in Business Deals During Prabowo's Visit

Citing Global Liputan6.com, President Prabowo’s visit to Saudi Arabia, which took place from 1 to 3 July 2025, saw Indonesia record a number of significant achievements at both diplomatic and economic levels. One of the most notable outcomes was the conclusion of business agreements worth USD 27 billion, or approximately Rp437 trillion, between Indonesian and Saudi Arabian business actors.

Indonesia to Host Asia's First Quantum AI Data Centre with US$400 Million Investment

Jakarta (ANTARA) - The Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) is facilitating the investment of Asia’s first quantum AI data centre worth US$400 million, equivalent to more than Rp6 trillion.

Indonesia Set to Become Asia's First Quantum AI Data Centre Hub with US$400 Million Investment in Batam

Indonesia is preparing to enter a new chapter as Asia’s first quantum technology-based artificial intelligence hub. The Ministry of Investment and Downstream Industries/BKPM is facilitating an investment worth US$400 million, or more than Rp6 trillion, for the construction of a quantum AI data centre in Batam, Riau Islands.

DPR Member Urges Fiscal Compliance and Environmental Responsibility from Nickel Companies in Southeast Sulawesi

JAKARTA – Member of Commission XII of the House of Representatives (DPR RI), Jalal Abdul Nasir, has emphasised the importance of enforcing fiscal obligations and environmental responsibility by large industrial companies, particularly PT Virtue Dragon Nickel Industry (PT VDNI) and PT Obsidian Stainless Steel (PT OSS). Jalal made the remarks following a Specific Working Visit (Kunsfik) by Commission XII of the DPR RI to Southeast Sulawesi Province.

Worldvuer iByond Explores Broader Energy and Technology Partnerships in Indonesia

Beyond building data centres, Worldvuer iByond is also opening up broader cooperation opportunities in the energy sector, employing an approach similar to their previous collaboration with Aramco in Saudi Arabia. The company is also exploring partnerships in telecommunications technology with Telkom Group and the Ministry of Communications and Digital Affairs.

Europe Can Continue to Play Role in Maintaining Global Peace and Stability: President Prabowo

Brussels: The President of the Republic of Indonesia, Prabowo Subianto, held a bilateral meeting with the President of the European Council, António Costa, on Sunday, 13 July 2025, at the Europa Building in Brussels, Belgium. Upon arrival, President Prabowo was officially welcomed by President Costa. Afterward, President Prabowo and President Costa proceeded to the flag-raising room and took a group photograph. The two leaders then proceeded to the meeting room on the 11th floor.

Prabowo Meets European Commission President to Accelerate Indonesia-EU Trade Agreement

JAKARTA - President Prabowo Subianto held a meeting with European Commission President Ursula von der Leyen at the European Union Headquarters, Berlaymont Building, Brussels, Belgium, on Sunday, 13 July 2025. The meeting focused on accelerating the completion of the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA), a comprehensive economic partnership agreement that has now entered its 19th round of negotiations.

Indonesia Optimistic European Investment Will Grow After I-EU CEPA Signing

Jakarta (ANTARA) - Investment and Downstream Minister Rosan Perkasa Roeslani is optimistic that European companies will expand and invest in Indonesia after the Indonesia-European Union comprehensive economic agreement (I-EU CEPA), targeted for signing in September 2025. Roeslani stated that the CEPA between Indonesia and the European Union will create investment opportunities from the 27 EU member countries and give Indonesia greater access to the EU market.

Jambi Governor Calls for Revision of Spatial Planning Regulation to Support Regional Development

Jambi Governor Al Haris has called for a revision of Government Regulation (PP) Number 21 of 2021 on spatial planning management. He also urged the central government to consider granting flexible authority and room for innovation to each regional government.