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Found 20 articles

Retail Business Grows as Foreign Investor Activity Increases

Foreign investors are heavily investing in the retail sector. BKPM fully supports the growth of investment in the sector based on the revision of the Negative Investment List (DNI) in 2016. This revision is expected to increase the number of foreign investments entering the country.

Special Team Needed to Improve Ease of Doing Business in Indonesia: Darmin

Jakarta. Indonesia needs a special team to monitor the progress of the country's ease of doing business in order to attract more foreign investment, Coordinating Minister for Economic Affairs Darmin Nasution told reporters in Jakarta, on Wednesday (25/10). "We will propose this to the president.

Indonesia Expects Slower Growth in Direct Investment This Year:

Official Direct investment in Indonesian firms from foreign and domestic sources is expected to grow more slowly this year, the country's investment board chief said on Tuesday (23/08), noting that Southeast Asia's largest economy had lost out to Vietnam in the regional competition to attract funds.

Indonesia negative investment list most restrictive: BKPM

Indonesias Negative Investment List (DNI) is the most restrictive regulation in the ASEAN system, Head of the Capital Investment Coordinating Board (BKPM) Thomas Trikasih Lembong said. "The DNIs revision effected in last February was the biggest step in the last ten years to open the country for...

More Australians to Invest in Bali After Revision of Negative

Investment List An unnamed investor from Australia is planning to invest Rp 10 billion ($763,000) to open a restaurant in Bali following a foreigner-friendly revision of Indonesia's negative investment list, according to the Investment Coordinating Board, or BKPM.

BKPM Certain Brexit Will Increase British Investment in Indonesia

The UK’s exit from the European Union (Brexit) on Thursday last week has rattled the global financial market. As stocks plummeted, sterling fell to its lowest since 1985, at 1.33 per US dollar. However, Investment Coordinating Board (BKPM) Chief Franky Sibarani is optimistic that Brexit will not...

Indonesia promotes investment policy reforms in Germany

The Capital Investment Coordinating Board (BKPM) promoted Indonesias investment policy reforms in a business forum in Berlin, Germany, Monday. The business forum, which was attended by 250 German investors, was held in connection with the visit of President Joko Widodo (Jokowi), who also attended...

BKPM invites German pharmaceutical companies to invest in Indonesia

The Investment Coordinating Board (BKPM) will invite German pharmaceutical companies to invest in Indonesia when President Joko Widodo (Jokowi) visits Germany as part of his four-European nation tour this month.

BKPM Supports Plan to Cut Corporate Tax

The Investment Coordinating Board (BKPM) welcomed the Ministry of Finance's plan to lower corporate tax from 25 percent to 20 percent this year. BKPM chief Franky Sibarani mentioned the policy will give positive impact to Indonesia's competitiveness.

Singapore, Malaysia Are Key Investment Source for Indonesia: BKPM

Indonesia's Investment Coordinating Board, known as BKPM, wants to boost investment from Southeast Asian countries this year, a senior official said. The BKPM has pointed to Singapore and Malaysia as two potential investors, with the two countries boasting the highest investment realization and...

Revisions Made on the 2014 Negative Investment List

Indonesia on Thursday (11/02) eased foreign investment restrictions for dozens of industries in what President Joko Widodo has described as a "Big Bang" liberalization of Southeast Asia's largest economy.

Indonesia opens 35 sectors to foreigners, closes 20 others

Thirty five industrial sectors have been removed from the negative investment list (DNI), while 20 others have been added. The measures are stipulated in the 10th economic policy package released on Thursday.

BKPM relaxes factory construction stipulations

Investors will be allowed to kick off the construction of their factories and other investment facilities without having to wait for the issuance of environmental assessment documents and construction permits under a new investment program to be launched by the Investment Coordinating Board (BKPM)...

New rule expected to boost investment commitments

The government hopes total investment commitments to Indonesia will surge by 50 percent after a new policy designed to open up several business sectors to foreign players is issued, according to a top official. The new policy will be made by revising the negative investment list (DNI).

New business areas open to foreign investment in tourism sector

The Investment Coordinating Board (BKPM) plans to open new business areas in the tourism sector for foreign investment. The plan is to allow foreign investors to wholly own shares in seven business areas in the tourism sector, BKPM Chief Franky Sibarani said here on Wednesday.

Indonesia’s Education Gap

Jake Thomases is a public policy analyst at the Risk Analysis Research Center. Investors in Indonesia let out a small sigh of relief when Heri Sudarmanto, the director of foreign workers, announced on October 19 that foreign workers would not be required to pass Indonesian language tests after all.

Indonesia Aims to Ease Foreign-Investment Rules

Indonesia—Faced with sluggish economic growth, Indonesia is working on a major revamp of foreign-investment rules that could open the door for overseas companies to take bigger stakes in domestic firms and gain a foothold in new industries.

Indonesia hopes ranking in doing business to be double digit

Indonesia hopes its "Ease of Doing Business" ranking would be in the double digits in 2016. "The countrys target is to ensure that its Ease of Doing Business ranking in 2016 is in double digits, as it will significantly impact the investment climate in Indonesia," head of Investment Coordinating...

Inside Indonesian gaming studio Touchten's Series C led by GREE

and 500 Startups Indonesia-based gaming studio Touchten announced today that it has secured a Series C round led by Japanese mobile and social firm GREE, with US-based 500 Startups as a follow-on investor. The investment amount remains undisclosed.

2016: Year of the Indonesian Startup

2016 will be a pivotal year for the Indonesian economy. The extended period of post-election policy chaos seems to have settled, and the worst of the policies have either been quietly put aside or amended to something within the bounds of sensible.