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Investment to grow in 2021 as post-pandemic hopes rise
Business 5 years ago

PREMIUM
Investment to grow in 2021 as post-pandemic hopes rise

The overall investment realization grew by 2.1 percent year-on-year (yoy) to Rp 826.3 trillion (US$58.8 billion) and was higher by around 1.11 percent than the target.
Sixteen companies relocate to Indonesia amid global downturn
Business 5 years ago

PREMIUM
Sixteen companies relocate to Indonesia amid global downturn

The investment of 16 firms setting up production sites in Indonesia last year is estimated at US$7.15 billion and expected to create around 68,600 jobs.
FDI bounces back in Q3, but economic outlook remains uncertain
Business 5 years ago

FDI bounces back in Q3, but economic outlook remains uncertain

The Investment Coordinating Board (BKPM) reported Rp 106.1 trillion (US$7.21 billion) in realized FDI in the third quarter, a 1 percent increase from the same quarter a year earlier.
Environmental concerns, protests may discourage foreign investment: Moody’s
Business 5 years ago

Environmental concerns, protests may discourage foreign investment: Moody’s

Indonesia’s Job Creation Law may facilitate investment and help revive the economy, but relaxed environmental regulation and widespread protests by labor unions could discourage foreign investors and limit the law’s benefits, Moody’s Investor Service has said.
Govt prepares implementing regulations for omnibus bill on job creation
Business 5 years ago

Govt prepares implementing regulations for omnibus bill on job creation

Investment Coordinating Board (BKPM) head Bahlil Lahadalia said Tuesday the government had been preparing the implementing regulations for the articles in the bill that had been agreed upon by lawmakers.
Indonesia seeks to attract firms departing China
Business 5 years ago

Indonesia seeks to attract firms departing China

According to Investment Coordinating Board (BKPM) head Bahlil Lahadalia, the agency has completed 60 percent of the relocation process for some firms.
Infrastructure development progressing as investment jumps, BKPM says
Business 5 years ago

Infrastructure development progressing as investment jumps, BKPM says

The Investment Coordinating Board (BKPM) has reported that total investment realization in the first quarter of the year rose 8 percent year-on-year to Rp 210.7 trillion.
South Korean company gets green light to distribute protective gear in Indonesia
Business 5 years ago

South Korean company gets green light to distribute protective gear in Indonesia

PT GA Indonesia, along with five other South Korean garment producers in West Java, strive to accelerate efforts to fulfill protective gear demand in Indonesia.
BKPM suspends face-to-face licensing services to contain COVID-19 spread
Business 6 years ago

BKPM suspends face-to-face licensing services to contain COVID-19 spread

BKPM head Bahlil Lahadalia explained that the agency would suspend its face-to-face services from March 17 until March 31. 
Indonesia to get new business license regime with omnibus bill
Business 6 years ago

PREMIUM
Indonesia to get new business license regime with omnibus bill

The government hopes to boost the country’s ECDB ranking to 53rd place on the World Bank’s list this year.
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