Indonesian Political, Business & Finance News

Archive: 18 July 2025

15 articles found

Apple's Investment Commitment to Indonesia Expected to Continue Despite Reciprocal Tariffs

The Ministry of Investment and Downstream Industries/BKPM is optimistic that Apple’s investment commitment will continue despite the imposition of 19 per cent reciprocal tariffs on Indonesia. “Apple has already purchased land for its investment plan in Batam. I believe we will proceed,” said Riyatno, Deputy for Investment Climate Development at the Ministry of Investment and Downstream Industries/BKPM, at the Smesco building in South Jakarta on Friday, 18 July 2025.

US Investment in Indonesia to Continue Despite Zero Tariff on American Products

Jakarta (ANTARA) - The Ministry of Investment and Downstream Industries/Investment Coordinating Board (BKPM) has confirmed that United States investment in Indonesia will continue despite American products being subject to zero tariffs entering the domestic market. “Yes, it will continue,” said Riyatno, Deputy for Investment Climate Development at the Ministry of Investment and Downstream Industries/BKPM, in Jakarta on Friday.

BKPM Assures US Investment in Indonesia Will Continue Despite Tariff-Free Access for American Products

JAKARTA — Deputy for Investment Climate Development at the Ministry of Investment and Downstreaming/BKPM, Riyatno, has confirmed that United States investment in Indonesia will continue despite the Trump-led country receiving tariff-free access for its products entering the domestic market. “Yes, US company investments in Indonesia will continue,” Riyatno stated firmly, as quoted by Antara on Friday (18/7).

Apple's US$160 Million Investment in Indonesia Expected to Proceed Despite US Tariff Changes

JAKARTA — The Deputy for Investment Climate Development at the Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM), Riyatno, has provided an explanation regarding the fate of Apple Inc.’s investment following Indonesia being subject to a 19 per cent import tariff from the United States. Apple has already committed to investing US$160 million (equivalent to Rp 2.6 trillion) in Indonesia.

Government Optimistic Apple's AirTag Factory Investment in Batam Will Proceed

JAKARTA, investor.id – The government, through the Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM), is optimistic that Apple’s AirTag production facility investment in Batam will proceed in Indonesia according to the original plan. However, the government has not explicitly confirmed that Apple’s investment plan will continue following the trade agreement between Indonesia and the United States.

Elimination of Import Duties on US Products Deemed Unlikely to Disrupt Indonesia's Investment Climate

Jakarta — The elimination of import duties on American products entering Indonesia is not expected to disrupt the investment climate, particularly for US companies. The duty exemption forms part of an agreement following the US reduction of import tariffs from 32% to 19% for Indonesia.

Government Optimistic Apple Investment in Indonesia Will Proceed Despite New US Tariffs

Jakarta - The Deputy for Investment Climate Development at the Ministry of Investment and Downstreaming/BKPM expressed optimism that Apple’s investment in Indonesia will continue following the country’s new tariff arrangement with the United States. US President Donald Trump agreed to reduce import tariffs to 19 per cent from the previous 32 per cent for Indonesia. However, as a consequence, US products entering Indonesia will not be subject to any tariffs.

Apple to Proceed with Indonesian Investment Despite US Import Tariffs

The Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) has confirmed that technology giant Apple Inc will continue to invest in Indonesia following US President Donald Trump’s imposition of a 19% import tariff on Indonesia. Apple has committed to investing US$150 million, equivalent to Rp2.44 trillion (at an assumed exchange rate of Rp16,287 per US dollar), for the construction of an AirTag factory in Batam.

Permits Incomplete: Indonesia Airlines Not Yet Cleared to Fly in Indonesian Airspace

The Directorate General of Civil Aviation at the Ministry of Transport has confirmed that PT Indonesia Airlines Holding is not yet permitted to operate flight services. This is due to its standard certificate remaining unverified, caused by incomplete submission of its business plan — a key technical requirement for obtaining the certificate.

Micro Enterprises Dominate Indonesia's Online Single Submission System with Nearly 13 Million Business Registration Numbers

Jakarta — The Investment Coordinating Board (BKPM) has reported that the implementation of the Online Single Submission (OSS) system for issuing business identification numbers (NIB) has been overwhelmingly dominated by micro enterprises, with 12.982 million NIBs recorded for this category. BKPM Deputy for Investment Climate Development Riyatno said the OSS was developed as part of the government’s structural reform to create a healthier, more transparent and efficient business climate.

Investment Ministry Issues 12.9 Million Business Identification Numbers, 97% for Micro Enterprises

Jakarta - The Ministry of Investment and Downstream Industries/BKPM has issued 12.9 million Business Identification Numbers (NIB) during the period from August 2021 to June 2025. Deputy for Investment Climate Development at the Ministry of Investment and Downstream Industries/BKPM, Riyatno, said that 12.5 million of these were issued to micro enterprises. NIB are issued through the OSS (Online Single Submission) system and serve as legal documentation for conducting business activities.

PT Indonesia Airlines Holding Cannot Operate Flights Due to Unverified Certification, Says Transport Ministry

The Directorate General of Civil Aviation at the Ministry of Transport has confirmed that PT Indonesia Airlines Holding is not yet permitted to operate flight services. This is because the company’s standard certificate remains unverified, as it has yet to submit a business plan — a technical requirement for standard certification.

Indonesia Airlines Holding Cannot Operate as Standard Certificate Remains Unverified

JAKARTA — The Directorate General of Civil Aviation at the Ministry of Transport has confirmed that PT Indonesia Airlines Holding cannot yet operate flight services as its Standard Certificate remains unverified. The certificate has not been verified because Indonesia Airlines’ management has yet to submit a business plan, which is a technical requirement for the Standard Certificate.

Disability Alliance Seeks Partnership with Indonesian Church Council for MSME Empowerment

JAKARTA — In an effort to build synergy for disability empowerment and data synchronisation, the Chairman of the Nusantara Disability Alliance (ADN), Agus Diono, accompanied by several board members, held an audience with the Executive Board of the Communion of Churches in Indonesia (PGI) at Grha Oikoumene, Jakarta, on Thursday (17/7).

Subulussalam Councillor Lauds Mayor's People's School Initiative, Urges Action on Fuel Station and Fire Victims' Housing

SUBULUSSALAM – A member of the Subulussalam City Council (DPRK), Dewita Karya, has expressed appreciation for the Mayor’s efforts in establishing a People’s School and forging cooperation with the National Land College (STPN), whilst also raising concerns about a fuel station and the construction of temporary housing for fire victims in Subulussalam. The remarks were made on Thursday (17/7).