Archive: 3 July 2025
43 articles found
Thu, 03 Jul 2025
Indonesia Requires Rp13,032 Trillion in Investment to Achieve 8 Per Cent Growth Target by 2029
Indonesia requires investment realisation of up to Rp13,032 trillion during the 2025-2029 period to achieve its target of 8 per cent economic growth by 2029. This information was conveyed directly by Riyatno, Deputy for Investment Climate Development at the Ministry of Investment/BKPM.
Thu, 03 Jul 2025
Indonesia Promises Faster Permits and Simplified Bureaucracy to Attract Investors at ASEAN Conference
SINGAPORE, KOMPAS — At the 9th ASEAN Conference entitled "ASEAN Integration in the Multipolar World" held in Singapore, the Indonesian Government promised investment opportunities with various facilitations, including accelerated licensing and simplified bureaucracy.
Thu, 03 Jul 2025
Government Targets Rp13,000 Trillion in Investment Realisation Over Five Years
Deputy Minister of Investment and Downstreaming/Deputy Head of the Investment Coordinating Board (BKPM) Todotua Pasaribu said the government is targeting Rp13,000 trillion in investment realisation over the next five years.
Thu, 03 Jul 2025
Investment Ministry Prepares Post-Audit Licensing Breakthrough to Accelerate Permits
JAKARTA — The Ministry of Investment and Downstream Industries/Investment Coordinating Board (BKPM) is preparing a breakthrough in business licensing reform, including the implementation of a post-audit scheme whereby audits are conducted after permits have been issued.
Thu, 03 Jul 2025
Taufan Pawe's Meeting with Golkar Chairman Bahlil Sparks Political Speculation Ahead of South Sulawesi Regional Congress
JAKARTA — A meeting between Taufan Pawe (TP) and Investment Minister/BKPM Head and Golkar Party Chairman Bahlil Lahadalia has triggered political speculation ahead of the Golkar Party's South Sulawesi Regional Congress (Musda).
Thu, 03 Jul 2025
Miss Indonesia 2025 Finalist Disqualified Over Pro-Israel Video
A twenty-year-old Miss Indonesia 2025 finalist has been disqualified after a two-year-old video surfaced showing her dancing and waving an Israeli flag. The video was filmed while she was studying in Israel and was accompanied by the caption: "Diligent for Zion, loyal to Jerusalem, standing for...
Thu, 03 Jul 2025
Indonesia Lost Up to Rp2,000 Trillion in Investment Due to Complex Licensing
Jakarta (ANTARA) - Deputy Minister of Investment and Downstreaming/Deputy Head of the Investment Coordinating Board (BKPM) Todotua Pasaribu stated that Indonesia lost the opportunity to secure up to Rp2,000 trillion in investment due to complex licensing processes.
Thu, 03 Jul 2025
Financial Industry Sector to Join Integrated Online Single Submission Licensing System
JAKARTA - The financial industry sector will be incorporated into the integrated electronic business licensing system, known as Online Single Submission (OSS). Deputy Minister of Investment and Downstreaming, who also serves as Deputy Head of the Investment Coordinating Board (BKPM), Todotua...
Thu, 03 Jul 2025
Investment Ministry and OJK Push to Integrate Financial Industry into OSS Licensing System
Jakarta, CNBC Indonesia - The Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM), together with the Financial Services Authority (OJK), is pushing for the financial industry, including banking and insurance, to be incorporated into the Online Single Submission (OSS)...
Thu, 03 Jul 2025
Financial Industry to Be Integrated into Online Single Submission Licensing System
JAKARTA — Deputy Minister of Investment and Downstreaming/Deputy Head of the Investment Coordinating Board (BKPM) Todotua Pasaribu has stated that the financial industry will soon be integrated into the electronic integrated business licensing system known as Online Single Submission (OSS).
Thu, 03 Jul 2025
Government Lost Rp1,500 Trillion in Investment Commitments Due to Licensing Issues
Jakarta: Deputy Minister of Investment and Downstreaming/Investment Coordinating Board (BKPM) Todotua Pasaribu acknowledged that his office identified Rp1,500 trillion in unrealised investment commitments in 2024, attributing the shortfall to convoluted licensing procedures.
Thu, 03 Jul 2025
Investment Ministry Holds Public Consultation on New Regulation to Replace Three BKPM Rules
The Ministry of Investment and Downstreaming/BKPM held a public consultation agenda to discuss the draft Ministerial Regulation that will replace three previous regulations, namely BKPM Regulations Numbers 3, 4, and 5 of 2021.
Thu, 03 Jul 2025
Government Sets Rp13,000 Trillion Investment Realisation Target Over Five Years to Achieve 8 Per Cent Growth
JAKARTA - The Indonesian government has once again set ambitious targets in the investment sector. Over the next five years, the government has established an investment realisation target of Rp13,000 trillion, a figure believed capable of driving economic growth to 8 per cent, in line with the...
Thu, 03 Jul 2025
Government to Overhaul Investment Licensing Regulations to Boost Investment Climate
Jakarta - The government is set to issue new regulations governing investment licensing, replacing the current rules in a bid to simplify the permit process and boost investment figures in the country. Deputy Minister of Investment and Downstreaming/Deputy Head of BKPM Todotua Pasaribu said three...
Thu, 03 Jul 2025
Government Prepares Major Overhaul of Investment Regulations to Strengthen OSS System
Jakarta — The government is preparing a major overhaul of investment regulations to create a more conducive business climate and attract global investor interest. Three key regulations issued by the Investment Coordinating Board (BKPM) will be replaced, with a focus on strengthening the Online...
Thu, 03 Jul 2025
Government to Integrate Financial Sector Licensing into OSS Risk-Based System
Jakarta, FORTUNE - The government will integrate all licensing processes in the financial sector, encompassing both banking and non-banking, into the Risk-Based Online Single Submission (OSS-RBA) system.
Thu, 03 Jul 2025
Financial Industry to Join Integrated Online Single Submission Licensing System
Jakarta (ANTARA) - Deputy Minister of Investment and Downstreaming/Deputy Head of the Investment Coordinating Board (BKPM) Todotua Pasaribu has announced that the financial industry will soon be incorporated into the integrated electronic business licensing system known as Online Single Submission...
Thu, 03 Jul 2025
Financial Industry to Join Indonesia's Online Single Submission Licensing System
Jakarta (ANTARA) - Deputy Minister of Investment and Downstreaming/Deputy Head of the Investment Coordinating Board (BKPM) Todotua Pasaribu has indicated that the financial industry will soon be integrated into the electronic integrated business licensing system known as Online Single Submission...
Thu, 03 Jul 2025
Financial Industry to Be Integrated into Online Single Submission System
JAKARTA — The Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) has revealed that the financial industry sector will be incorporated into the Online Single Submission (OSS) system.
Thu, 03 Jul 2025
Government Targets Rp 13,000 Trillion in Investment Realisation Over Five Years
Deputy Minister of Investment and Downstreaming/Investment Coordinating Board (BKPM) Todotua Pasaribu has set a target of Rp 13,000 trillion in investment realisation under President Prabowo Subianto's administration.
Thu, 03 Jul 2025
Indonesia Lost Up to Rp 2,000 Trillion in Potential Investment in 2024, Says Deputy Minister
Jakarta, CNBC Indonesia - Deputy Minister of Investment and Downstreaming/BKPM, Todotua Pasaribu, revealed that Indonesia lost potential investment of up to Rp 2,000 trillion in 2024. This was attributed to various longstanding issues, ranging from licensing problems to an unconducive investment...
Thu, 03 Jul 2025
Investment Ministry Acknowledges Rp 2,000 Trillion in Unrealised Investment Due to Structural Barriers
The Ministry of Investment/BKPM has acknowledged that Indonesia's investment climate continues to face various structural and regulatory challenges. Deputy Minister of Investment Todotua Pasaribu emphasised that although annual investment realisation targets have been met, significant investment...
Thu, 03 Jul 2025
Government Targets Rp13,000 Trillion in Investment Realisation for 8% Economic Growth
Jakarta: Deputy Minister of Investment and Downstreaming/Investment Coordinating Board (BKPM) Todotua Pasaribu has revealed that Indonesia's investment realisation must reach at least Rp13,000 trillion to achieve eight per cent economic growth as directed by President Prabowo Subianto.
Thu, 03 Jul 2025
Rp2,000 Trillion in Unrealised Investment Discovered from Jokowi Era, Says Investment Ministry
The Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) has revealed a striking finding regarding the scale of unrealised investment during President Joko Widodo's administration.
Thu, 03 Jul 2025
Investment Ministry Begins Drafting Amendments to BKPM Regulations to Improve Business Climate
Jakarta (ANTARA) - The Ministry of Investment and Downstream Industries/Investment Coordinating Board (BKPM) has begun drafting amendments to BKPM Regulations Numbers 3, 4, and 5 of 2021 to build a conducive business climate and attract investment.
Thu, 03 Jul 2025
Government Targets Rp13,000 Trillion in Investment Realisation by 2029 to Support 8% Economic Growth
JAKARTA — Deputy Minister of Investment and Downstreaming/Deputy Head of the Investment Coordinating Board (BKPM) Todotua Pasaribu has stated that the government is targeting Indonesia to realise Rp13,000 trillion in investment over the next five years, by 2029.
Thu, 03 Jul 2025
Investment Ministry Holds Public Consultation on New Business Licensing Regulations
NIKEL.CO.ID, JAKARTA – The Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) held a public consultation to gather input from various stakeholders on draft regulations to replace BKPM Regulations Numbers 3, 4 and 5 of 2021.
Thu, 03 Jul 2025
Deputy Investment Minister Proposes Instant Permits for Industrial Zones to Unblock Investment
Jakarta — Deputy Minister of Investment and Downstream Industries/Deputy Head of BKPM Todotua Pasaribu has highlighted the complexity of investment licensing in Indonesia, describing the permit process as a stumbling block for investment realisation.
Thu, 03 Jul 2025
Unrealised Investment in Indonesia Could Reach Rp 2,000 Trillion, Deputy Minister Reveals
Jakarta — Deputy Minister of Investment and Downstream Industries/Deputy Head of BKPM Todotua Pasaribu has revealed that a significant volume of investment failed to materialise in 2024. He indicated the figure could reach as high as Rp 2,000 trillion.
Thu, 03 Jul 2025
Unrealised Investment Reaches Rp2,000 Trillion in 2024 Amid Licensing Bottlenecks
JAKARTA — The Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) has revealed that unrealised investment throughout 2024 reached Rp2,000 trillion. Deputy Minister of Investment and Downstreaming/Deputy Head of BKPM Todotua Pasaribu disclosed that the figure represents a...
Thu, 03 Jul 2025
Nearly Rp 2,000 Trillion in Investment Opportunities Unrealised in 2024, Says Deputy Investment Minister
Jakarta, CNBC Indonesia — Deputy Minister of Investment and Downstreaming/Deputy Head of the Investment Coordinating Board (BKPM) Todotua Pasaribu estimated that in 2024, nearly Rp 2,000 trillion in investment opportunities failed to materialise.
Thu, 03 Jul 2025
Investment Ministry Begins Drafting Amendments to BKPM Regulations to Improve Business Climate
Jakarta (ANTARA) - The Ministry of Investment and Downstream Industries/Investment Coordinating Board (BKPM) has begun drafting amendments to BKPM Regulations Numbers 3, 4 and 5 of 2021 in order to build a conducive business climate and attract investment.
Thu, 03 Jul 2025
Indonesia Lost Nearly Rp 2,000 Trillion in Investment Opportunities in 2024 Due to Complex Licensing
JAKARTA — Deputy Minister of Investment and Downstreaming/Deputy Head of the Investment Coordinating Board (BKPM) Todotua Pasaribu revealed that Indonesia lost nearly Rp 2,000 trillion in investment opportunities in 2024, owing to a complex licensing system and an unconducive investment climate.
Thu, 03 Jul 2025
Government Targets Rp13,000 Trillion in Investment Over Five Years to Achieve 8% Economic Growth
Jakarta — Deputy Minister of Investment and Downstream Industries/Deputy Head of BKPM Todotua Pasaribu outlined the role of investment in supporting President Prabowo Subianto's target of achieving 8% economic growth.
Thu, 03 Jul 2025
Danantara Signs USD 10 Billion MoU with Saudi Arabia's ACWA Power
Indonesia's sovereign investment management agency Daya Anagata Nusantara (Danantara) has officially signed a Memorandum of Understanding (MoU) with ACWA Power, Saudi Arabia's largest energy company. The agreement carries an investment value of up to USD 10 billion, equivalent to approximately...
Thu, 03 Jul 2025
Thuggery by Mass Organisations Among Factors Behind Rp 1,500 Trillion in Lost Investment
Jakarta, CNBC Indonesia - The Ministry of Investment and Downstream Industries/BKPM has revealed that investments worth Rp 1,500 trillion failed to enter Indonesia in 2024, owing in part to problems with licensing services, ease of doing business, and competitiveness.
Thu, 03 Jul 2025
Manpower Minister Pledges to Maximise Domestic Job Creation Through National Priority Programmes
Minister of Manpower Yassierli has stated that his ministry continues to strive to maximise domestic job creation opportunities. He made the remarks after attending a working meeting with Commission IX of the House of Representatives in Senayan, Jakarta, on Wednesday (2/7).
Thu, 03 Jul 2025
Bontang Investment Agency Holds Technical Guidance on Mandatory Investment Activity Reporting
Kaltim.akurasi.id, Bontang – In an effort to strengthen competitiveness and compliance among business operators in Bontang City, the Investment and One-Stop Integrated Services Agency (DPMPTSP) of Bontang held a Technical Guidance (Bimtek) session on Investment Activity Reporting (LKPM) at the 3D...
Thu, 03 Jul 2025
North Jakarta Immigration Office Deports Two Chinese Nationals for Fictitious Investment Schemes
JAKARTA - The Class I Immigration Office of North Jakarta TPI has deported two Chinese nationals with the initials ZM and ZY who were previously arrested for being fictitious investors and committing immigration violations.
Thu, 03 Jul 2025
Deputy Home Affairs Minister: Regional Government Effectiveness Key to Achieving 8 Per Cent Growth Target
Jakarta, CNBC Indonesia - Deputy Minister of Home Affairs Bima Arya has stated that efforts to improve regional government effectiveness must be built through strong collaboration with other ministries and institutions, particularly in controlling inflation and achieving national economic growth...
Thu, 03 Jul 2025
Kudus Regency Investment Realisation Reaches 68.45 Per Cent by End of May 2025
BETANEWS.ID, KUDUS – Investment in Kudus Regency has been quite positive in 2025. By the end of May, investment realisation had already reached approximately 68.45 per cent, or more than half of the target of Rp1.22 billion.
Thu, 03 Jul 2025
Two Chinese Nationals Involved in Fictitious Investment Deported and Barred from Entering Indonesia
The North Jakarta Class I Immigration Office has deported two Chinese nationals identified as ZM and ZY, who were previously arrested for being fictitious investors and committing immigration violations.
Thu, 03 Jul 2025
BKPM Reminds Freight Forwarding Businesses to Comply with Regulations in Batam Free Trade Zone
Batam (ANTARA) - The Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) has reminded freight forwarding service (JPT) businesses to comply with goods traffic regulations in the Batam Free Trade and Free Port Zone (KPBPB), Riau Islands.