Indonesian Political, Business & Finance News

Archive: 23 July 2025

11 articles found

President Prabowo Meets Steve Forbes to Discuss Strategic Cooperation

Jakarta: President Prabowo Subianto received a visit from Steve Forbes, Chairman and Editor-in-Chief of Forbes Media, at the Merdeka Palace in Jakarta on Wednesday, 23 July 2025. The meeting, which lasted more than two hours, discussed economic cooperation opportunities and the strengthening of strategic relations between Indonesia and the United States.

Investment in Special Economic Zones Surpasses 2024 Target, Reaching Rp90.1 Trillion

Investment Minister and Head of the Investment Coordinating Board (BKPM), Rosan Roeslani, announced that investment realisation in Special Economic Zones (KEK) exceeded the target set for 2024. The initial target of Rp78.1 trillion was surpassed, with investment reaching Rp90.1 trillion during the January to December 2024 period. Rosan made the announcement after attending a limited cabinet meeting with President Prabowo Subianto at the Presidential Palace in Jakarta on Tuesday.

Danantara to Explore Partnership with Japan's JBIC for Renewable Energy Funding

Jakarta, CNBC Indonesia — The Investment Management Agency (BPI) Daya Anagata Nusantara (Danantara) is planning to explore cooperation with Japan. Danantara CEO Rosan Roeslani said his organisation has established a partnership with the Japan Bank for International Cooperation (JBIC). He explained that JBIC will provide long-term financing for new and renewable energy projects, as well as sustainability-oriented projects, particularly in green energy.

Merauke Food Estate to Drive Sugar Self-Sufficiency and Bioethanol Energy Transition

The government is pursuing an ambitious food estate programme in Merauke, where two million hectares of land will be devoted to integrated sugarcane cultivation alongside sugar and bioethanol industries, aimed at accelerating Indonesia’s energy transition. Bahlil Lahadalia, who in his final year as Minister of Investment and concurrent head of the Investment Coordinating Board (BKPM) in 2024, led the acceleration of the project.

Investment Realisation Reaches Rp 950 Trillion in First Half of 2025, 30% from Downstream Sector

Jakarta, CNBC Indonesia — The Ministry of Investment and Downstream Industries (BKPM) recorded that investment realisation in Indonesia reached Rp 950 trillion throughout the first half of 2025. Minister of Investment and Downstream Industries and Head of BKPM Rosan Roeslani stated that 30% of total investment inflows during the first half of 2025 originated from the downstream processing sector.

Special Economic Zone Investment Surpasses 2024 Target at Rp90.1 Trillion

JAKARTA — Investment Minister and BKPM Head Rosan Roeslani stated that investment realisation in Special Economic Zones (KEK) surpassed the 2024 target, reaching Rp90.1 trillion against a target of Rp78.1 trillion. “KEK realisation throughout 2024 was Rp90.1 trillion, exceeding the target set for 2024 of Rp78.1 trillion. So we surpassed the 2024 target,” Rosan said at the Presidential Palace Complex in Jakarta on Tuesday (22/7).

Government Encourages Ethical, Fair, and Inclusive AI Utilisation Through National Strategy

Jakarta (ANTARA) - Deputy Minister of Communication and Digital Affairs Nezar Patria stated that through a national strategy and long-term roadmap, the government is encouraging ethical, fair, and inclusive utilisation of artificial intelligence (AI). In a statement here on Tuesday, he underlined that these two elements are key foundations to ensure AI technology can be developed and utilised ethically, fairly, transparently, and accountably.

Special Economic Zone Investment Realisation Reaches Rp 90.1 Trillion in 2024, Exceeding Target

JAKARTA. Minister of Investment and Downstreaming/Head of the Investment Coordinating Board (BKPM), Rosan Roeslani, reported that Special Economic Zone (KEK) investment realisation reached Rp 90.1 trillion throughout 2024. Rosan said this figure surpassed the government’s target of Rp 78.1 trillion for last year. “So we exceeded the 2024 target,” he said when met at the Merdeka Palace on Tuesday (22/7).

Planning Rp130T US Investment, Danantara Prioritises Domestic Investment

Jakarta: Investment Minister and CEO of BPI Danantara, Rosan Perkasa Roeslani, affirmed that Danantara’s primary investment focus remains domestic, despite the institution’s plans to invest Rp130 trillion in the United States. “The investment composition is 80 per cent in Indonesia and 20 per cent overseas,” said Rosan at the Presidential Palace Complex in Central Jakarta on Tuesday, 22 July 2025.

Ciamis Regency Accelerates MSME Legalisation Through Online Business Registration

The Ciamis Regency Government continues to drive local economic transformation by intensifying its programme to legalise micro, small, and medium enterprises (MSMEs) through the accelerated issuance of Business Identification Numbers (NIB) online. Through the Investment and One-Stop Integrated Services Agency (DPMPTSP), the programme is being implemented as a follow-up to Ciamis Regent’s Circular Letter Number 500.16.7.4/487/DPMPSTP.03/2025, dated 17 July 2025.

Government Signs MoU to Strengthen National Data Ecosystem for Special Economic Zones and Industrial Estates

Jakarta — In an effort to strengthen a credible and integrated national data ecosystem, the Government has affirmed its commitment through the signing of a Memorandum of Understanding (MoU) between the National Council for Special Economic Zones (KEK), the Central Statistics Agency (BPS), and the Indonesian Industrial Estate Association (HKI).