Kuala Lumpur (ANTARA) - The largest plastic packaging company in the Asia Pacific region from Malaysia has officially invested in the Industropolis Batang Special Economic Zone (SEZ) in Central Java. According to a statement from the Indonesian Consulate General in Penang, received in Kuala Lumpur on Friday, the total initial investment from the company, Thong Guan Industries Bhd, reached US$7 million, equivalent to approximately Rp115 billion.

Indonesia is facing significant challenges in attracting foreign direct investment (FDI), despite possessing considerable potential in several priority sectors such as mineral downstreaming and housing. Investor perceptions of government policy efficiency and infrastructure limitations remain the primary obstacles.

JAKARTA — The government has provided an explanation regarding the follow-up to its decision to revoke the mining business permits (IUP) of four nickel mining companies in Raja Ampat. As previously reported, the government officially revoked the permits of four out of five nickel mining companies in Raja Ampat, namely PT Kawei Sejahtera Mining, PT Anugerah Surya Pratama, PT Mulia Raymond Perkasa, and PT Nurham.

Jakarta, mili.id — The Corruption Eradication Commission (KPK) quietly assembled several ministries and institutions at KPK headquarters on Thursday (24/7/2025). The meeting was held to discuss a review of Mining Governance.

Surabaya — The Surabaya city government is targeting investment in 2025 to reach Rp 42 trillion. The Hero City is considered a primary pillar of investment at both the East Java and national levels.