Archive: 3 July 2025
44 articles found
Thu, 03 Jul 2025, 00:00 WIB
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, 00:00 WIB
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. Such measures are deemed essential to maintain Indonesia’s competitiveness in the region and ensure it remains the primary choice for investors.
Thu, 03 Jul 2025, 00:00 WIB
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. “Over the next five years, as we all know, we have a target of Rp13,000 trillion — to speak of investment realisation, not investment plans, but actual investment realisation,” Todotua said in Jakarta on Thursday.
Thu, 03 Jul 2025, 00:00 WIB
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, 00:00 WIB
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). TP was known to have visited Bahlil’s private residence on Jalan Denpasar Raya, Jakarta, on Wednesday evening (2/7/2025).
Thu, 03 Jul 2025, 00:00 WIB
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 Israel.” The incident triggered fierce criticism in the world’s most populous Muslim-majority country.
Thu, 03 Jul 2025, 00:00 WIB
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. “We found that in 2024, realised investment was around Rp1,500 trillion, potentially reaching Rp2,000 trillion in unrealised investment,” said Todotua in Jakarta on Thursday.
Thu, 03 Jul 2025, 00:00 WIB
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 Pasaribu, said that OSS currently covers 1,700 types of licences from 17 ministries and agencies. A number of other institutions have also expressed interest in joining, including the financial sector.
Thu, 03 Jul 2025, 00:00 WIB
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) licensing system. Deputy Minister of Investment and Downstreaming/BKPM Todotua Pasaribu explained that this move is aimed at expanding the consolidation of national investment realisation data.
Thu, 03 Jul 2025, 00:00 WIB
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). Todotua noted that there are approximately 1,700 types of licences involving 17 ministries and institutions within the OSS system, whilst several other institutions have expressed interest in joining.
Thu, 03 Jul 2025, 00:00 WIB
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. “This is indeed a classic problem. Every year we record investment realisation, which is inputted by business actors.
Thu, 03 Jul 2025, 00:00 WIB
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 vision of President Prabowo Subianto.
Thu, 03 Jul 2025, 00:00 WIB
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. The event forms an important part of the government’s efforts to harmonise derivative regulations from Government Regulation (PP) Number 28 of 2025 on Risk-Based Business Licensing.
Thu, 03 Jul 2025, 00:00 WIB
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 regulations would be refined. The first is BKPM Regulation Number 3 of 2021 concerning the Electronically Integrated Risk-Based Business Licensing System.
Thu, 03 Jul 2025, 00:00 WIB
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 Single Submission (OSS) system.
Thu, 03 Jul 2025, 00:00 WIB
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. This strategic move aims to improve the accuracy of national investment realisation data and ensure its contribution aligns with economic growth. The announcement was made by Deputy Minister of Investment and Downstreaming, Todotua Pasaribu, in Jakarta on Thursday (3/7).
Thu, 03 Jul 2025, 00:00 WIB
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 (OSS).
Thu, 03 Jul 2025, 00:00 WIB
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 (OSS).
Thu, 03 Jul 2025, 00:00 WIB
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. The target is intended to help the government deliver on the President’s promise of achieving 8 per cent economic growth, to be reached incrementally over the next five years.
Thu, 03 Jul 2025, 00:00 WIB
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 climate. Todotua explained that investment realisation is highly dependent on licensing services. However, this issue remains the primary obstacle for investors. “This is indeed a longstanding problem.
Thu, 03 Jul 2025, 00:00 WIB
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 potential remains unrealised due to longstanding obstacles such as complex licensing, overlapping policies, and a lack of legal certainty.
Thu, 03 Jul 2025, 00:00 WIB
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. Deputy Minister of Investment and Downstreaming/Deputy Head of BKPM Todotua Pasaribu said the effort aims to strengthen licensing data consolidation and promote national investment transparency.
Thu, 03 Jul 2025, 00:00 WIB
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. “Over the next five years, as we all know, we are looking at a figure of Rp13,000 trillion in investment realisation.
Thu, 03 Jul 2025, 00:00 WIB
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. Deputy Minister of Investment and Downstreaming Todotua Pasaribu stated that unrealised investment up to 2024 reached Rp2,000 trillion.
Thu, 03 Jul 2025, 00:00 WIB
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, 00:00 WIB
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, 00:00 WIB
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. The event formed an important part of refining risk-based business licensing policy.
Thu, 03 Jul 2025, 00:00 WIB
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. He has therefore proposed to the Coordinating Ministry for Economic Affairs that investment permits be simplified, specifically for investments already confirmed to proceed in industrial estates, Special Economic Zones (KEK) and free trade zones.
Thu, 03 Jul 2025, 00:00 WIB
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. “We found that our Ministry also records investment realisation each year, which is inputted by business operators.
Thu, 03 Jul 2025, 00:00 WIB
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 serious concern amid the government’s efforts to accelerate investment in order to drive economic growth. “Why is the unrealised investment figure so large?
Thu, 03 Jul 2025, 00:00 WIB
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. Pasaribu made the remarks at a Public Consultation on the Draft Regulation of the Minister of Investment and Downstreaming on Thursday (3 July 2025).
Thu, 03 Jul 2025, 00:00 WIB
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, 00:00 WIB
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. According to Todotua, these conditions caused planned investments to fail to materialise — what he termed “unrealised investment”.
Thu, 03 Jul 2025, 00:00 WIB
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. Over the next five years, the government is targeting approximately Rp13,000 trillion in investment. “Over the next five years, as we all know, we have a figure of Rp13,000 trillion when it comes to investment realisation.
Thu, 03 Jul 2025, 00:00 WIB
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 Rp162 trillion. The signing was conducted by Danantara CEO Rosan Roeslani together with ACWA Power Vice Chairman and Managing Director Raad Al Saady.
Thu, 03 Jul 2025, 00:00 WIB
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, 11:49 WIB
Urgent Crackdown: How Bogor's Illegal Mining Threatens Forests and What the Ministry Is Doing
Indonesia's Ministry has launched a coordinated crackdown on illegal gold mining operations in Bogor that have devastated protected forests and increased disaster risks including floods and landslides. The enforcement campaign involves shutting down mining sites, confiscating heavy machinery, and arresting offenders with legal penalties, supported by police, military, and local agencies.
Tue, 18 Feb 2025, 00:00 WIB
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). “We must utilise and optimise every opportunity,” the Minister said. He noted that domestic job creation opportunities could be derived from President Prabowo Subianto’s national priority programmes.
Wed, 02 Jul 2025, 00:00 WIB
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 Auditorium in Bontang on Wednesday (2/7/2025). DPMPTSP Bontang Secretary Vinson, representing Agency Head Aspiannur, expressed his appreciation to the speakers and participants attending the event.
Wed, 02 Jul 2025, 00:00 WIB
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.
Wed, 02 Jul 2025, 00:00 WIB
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 targets. Bima explained that the government is currently formulating a strategic approach to ensure each region understands its role in contributing to the national economic growth target of 8 per cent.
Wed, 02 Jul 2025, 00:00 WIB
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. “Both foreign nationals were immediately deported to their country of origin as they no longer had a sponsor for their stay permits,” said Widya Anusa Brata, Head of the Immigration Surveillance and Enforcement Section at the North Jakarta Class I Immigration Office, on Wednesday (2/7).
Sun, 22 Feb 2026, 00:00 WIB
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.
Wed, 02 Jul 2025, 00:00 WIB
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. The Head of the Kudus Investment and One-Stop Integrated Services Agency (DPMPTSP), Harso Widodo, stated that the investment target in the Kota Kretek area for 2025 was approximately Rp1.22 billion. Of that target, around Rp835 million had been achieved by the end of May.