The Ministry of Investment and Downstream Industries (Keminhil)/BKPM is refining the Online Single Submission Risk-Based Approach (OSS RBA) system following the issuance of Government Regulation (PP) Number 28 of 2025, which replaces PP No. 5 of 2021 on the Implementation of Risk-Based Business Licensing.

JAKARTA, DDTCNews - Deputy Minister of Industry Faisol Riza expressed confidence that Indonesia’s investment competitiveness remains intact, supported by the various tax incentives offered by the government. Faisol said global geopolitical dynamics pose one of the challenges in maintaining an attractive investment climate. Nevertheless, the provision of tax incentives can serve as a sweetener to keep investors coming to invest in Indonesia.

Jakarta: The Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) has revealed that investments worth Rp1,500 trillion failed to enter Indonesia in 2024. The failure was attributed to issues including licensing services, ease of doing business, and competitiveness. “We found that in 2024, the unrealised investment figure was around Rp1,500 trillion, possibly reaching Rp2,000 trillion. Why were these investments unrealised?

JAKARTA, DDTCNews — The Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) is preparing new regulations governing the application for tax incentives through the Online Single Submission (OSS) system.

Deputy Minister of Investment and Downstreaming/Deputy Head of the Investment Coordinating Board (BKPM) Todotua Pasaribu revealed that Indonesia lost potential investment worth Rp 2,000 trillion in 2024. The primary cause was overlapping regulations and an unconducive investment climate. He explained that regulatory issues remain a perennial problem in the context of capital investment in Indonesia.

Jakarta (ANTARA) - 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 realised investment over the next five years. “Over the next five years, as we all know, we have a target of Rp13,000 trillion — and we are talking about realised investment, not planned investment, but realised investment,” Todotua said in Jakarta on Thursday.

“Developed countries also built their economies with natural resources, with mining, but they were never criticised by their own people the way Indonesia is today.” This statement was not merely a social media opinion, but was delivered directly by the Minister of Investment and Head of BKPM, Bahlil Lahadalia, in his official remarks at a formal event.

Jakarta - Deputy Minister of Investment and Downstreaming/Deputy Head of BKPM Todotua Pasaribu said that Rp 1,500-2,000 trillion in investment failed to materialise in 2024.

Makassar — Illegal parking in Makassar, South Sulawesi, has been partly driven by the proliferation of residential properties being converted into business premises. However, licensing for these home-based businesses is managed by the central government through the Online Single Submission (OSS) system, making it difficult for local authorities to exercise control.

The government is preparing strategic measures to expand the reach of the integrated electronic business licensing system, known as Online Single Submission (OSS). In the near future, the Ministry of Investment/BKPM will incorporate the financial industry sector, including banking and insurance, into the OSS system. Deputy Minister of Investment Todotua Pasaribu revealed that data from the financial industry has not yet been fully integrated into the national investment realisation system.