Investment and Risk

Get the latest business insights and discover high-potential opportunities in emerging markets that are redefining Indonesia’s economic landscape.

Investment ministry, Tools for Humanity to boost digital sector investment

The Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) and Tools for Humanity Corporation (TFH) have signed a Memorandum of Understanding (MoU) to explore investment opportunities in Indonesia’s digital sector. 

KITB - image source: Antara Foto/ Harviyan Perdana Putra

President inaugurates Batang Industropolis KEK, targeting US$45.6 billion investment

President Prabowo Subianto inaugurated the Industropolis Special Economic Zone (KEK) −  a transformation of the Batang Integrated Industrial Zone (KITB) − in Batang, Central Java on Thursday, March 20, 2025.

Ceramics - image source: Antara/ Raisan Al-Farisi

Government asked to abolish AGIT policy, citing investment risks

The national ceramics and glass industry has asked the government to abolish the Specific Industrial Gas Allocation (AGIT) policy, which is considered to be hampering investment and the smooth supply of gas.

PLTSa - image source: Kompas/Fristin Intan Sulistyowati

Indonesia simplifies permits to boost waste-to-energy investment

The Coordinating Ministry for Food Affairs has considered combining three Presidential Regulations (Perpres) and simplifying their procedures in an effort to attract investment and finance the construction of waste-to-energy power plants (PLTSa) in Indonesia.

Makan Gizi Gratis (MBG) - image source: markaberita.id

Free lunch program benefits Chinese manufacturing industry: Businessman

The Indonesian government's free nutritious meal program is reportedly benefiting the Chinese manufacturing industry as most of the dining utensils are imported from China, according to a local business source.

Indonesia targets 28 percent increase in renewable energy investment for 2025

Director General of New, Renewable Energy and Energy Conservation (EBTKE) at the Ministry of Energy and Mineral Resources (ESDM), Eniya Listiani Dewi, said the government has set the target for investment in new, renewable energy (EBT) in Indonesia to increase by 28 percent in 2025.

RI eyes US$49B investment in food downstreaming to boost economy, cut imports

Minister of Agriculture, Amran Sulaiman, has revealed of Rp802.58 trillion (US$49 billion) investment opportunity in the food downstreaming program for 11 commodities, with initial project focusing on developing seven commodities of around Rp406 trillion investment.

İstimewa

TSE Group builds first biogas plant in South Papua

Tunas Sawa Erma (TSE) Group, a company engaged in the palm oil sector, is building the first biogas plant in South Papua as part of an effort to reduce carbon emissions and support the green energy transition. 

Corporate Affairs

Uncovers the dynamics of state-owned enterprises and corporate giants with a vibrant and insightful approach, making the corporate world both fascinating and accessible.

lion air plane

Indonesia Airlines yet to obtain flight permits: Ministry of Transportation

The Indonesian Ministry of Transportation says that it has not yet received any application for permits or requests related to the establishment and operation of flights from Indonesia Airlines, which has not yet been able to fly in Indonesia.

Bank-BRI Logo

BRI named best SME bank in Indonesia at Global Excellence awards 2025

State-owned bank PT Bank Rakyat Indonesia, commonly referred to as BRI, has reaffirmed its position as a leader in banking services for micro, small and medium enterprises (MSMEs) in Indonesia, winning the Best SME Bank in Indonesia Award at The Asian Banker (TAB) Global Excellence in Retail Finance Awards 2025 held in Tokyo, Japan, on Sunday, March 23, 2025.

PGN prepares natural gas supply for Jatengland Industrial Area

PT Perusahaan Gas Negara (PGN) is exploring the provision of natural gas supply and infrastructure for the Jatengland Industrial Area in Central Java as part of its commitment to expanding the utilization of natural gas to support national industrial growth.

PT Dian Swastatika Sentosa (DSSA) image source: IDX Channel

DSSA books strong financial performance, adds investment in sustainable sectors

Mining, energy, chemicals and technology company PT Dian Swastatika Sentosa (DSSA) booked consolidated revenue of US$3 billion for 2024, reflecting solid performance amid global industry dynamics.

XL Axiata-Smartfren merger set to revolutionize Indonesia's telecom industry

Telecommunication service operators PT XL Axiata (EXCL) and PT Smartfren Telecom (FREN) will announce the certainty of the merger which will form a new telecommunications entity called PT XLSmart Telecom Sejahtera (XLSMART).

Government injects Rp8 trillion to transform three SOEs into agribusiness giants

The government has converted three State-Owned Enterprises (SOEs) in work consultancy  respectively into PT Agrinas Jaladri Nusantara, PT Agrinas Pangan Nusantara and PT Agrinas Palma Nusantara along with capital injection of Rp8 trillion (US$485.5 million) prepared by the Ministry of Finance.

Erajaya

Erajaya sets up new board of commissioners, directors

Retail company, PT Erajaya Swasembada (ERAA) held an Extraordinary General Meeting of Shareholders (EGMS) on Wednesday, March 19, 2025, securing approval from the shareholders for all proposed agendas, including changes to the composition of the Board of Commissioners and Directors. 

Company executive named president director of ID FOOD

The Ministry of State-Owned Enterprises has appointed Ghimoyo, a private company executive, as President Director of State-owned food holding company PT Rajawali Nusantara Indonesia (ID FOOD), replacing Sis Apik Wijayanto.

Profiles

Unveil the stories of influential figures transforming Indonesia’s industries, economy, and political landscape.

  • Sofyan Djalil - image source: Kementerian ATR

    Sofyan Djalil

    Sofyan A. Djalil was born in 1953 in Aceh. Djalil is the Minister of Agrarian and Spatial Planning of Indonesia. He was a very persistent person at a young age to reach his goals, that persistence made him successful in studying at the University of Indonesia (UI). At UI, he studied Business Law and graduated in 1984. He then met his future wife, Dr. Ir. Ratna Megawangi, M.Sc. and has 3 children.

  • Siti Nurbaya Bakar - image source: Liputan6.com/Angga Yuniar

    Siti Nurbaya Bakar

    Siti Nurbaya Bakar was born in 1956 in Jakarta to Mochamad Bakar and Sri Banon. She is the current Minister of Environment and Forestry. Her father is a retired Betawi Police officer and his mother is from Lambung. Siti is married to Rusli Rachman and has two children: Meitra Mivida NR and Ananda Tohpati.

  • Sandiaga Uno - image source: sandiuno.com

    Sandiaga Uno

    Sandiaga Salahuddin Uno was born in 1969 in Riau, Indonesia. Uno is the current Minister of Tourism and Creative Economy. During his childhood, he met with Erick Thohir and was in the same elementary school as a schoolmate. Sandiaga Uno was an undergraduate of Wichita State University in the United States, he graduated with a cum laude. He continued his university education in the United States at George Washington University in 1990 after receiving a paid scholarship from William Soerjadjaja and graduated with an MBA in 1992 and a GPA 4.00. 

  • Sakti Wahyu Trenggono - image source: Merdeka/ Arie Basuki

    Sakti Wahyu Trenggono

    Wahyu Sakti Trenggono was born in Semarang in 1962, He is the current Minister of Maritime Affairs and Fisheries. Trenggono is a person who focuses on business development. He attended a bachelor's degree in Industrial Engineering at the Bandung Institute of Technology in 1986, after which he continued his Masters in Management at the Bandung Institute of Technology.

  • Ridwan Kamil - image source: Voi.id/Ilham

    Ridwan Kamil

    Mohammad Ridwan Kamil called Kang Emil or Ridwan was born in Bandung in 1971. Kamil is the Governor of West Java since 2018. He is the son of a husband and wife Dr. Atje Misbach, S. H. and Dra. Tjutju Sukaesih. Ridwan is the second of five children. Ridwan has a family, he is married to Atalia Praratya Kamil and has children Camillia Laetitia Azzahra and Emmiril Khan Mumtadz.

Investigations

Deep dives into hidden truths, exposing the scandals and secrets that shake the foundations of business and governance.

Pemerintah Pulangkan 554 WNI Korban TPPO di Myanmar

More Indonesians evacuated from Myawaddy, after 400 others in 1st attempt

The Indonesian Ministry of Foreign Affairs’ Task Force for the Protection of Indonesian Citizens Abroad, in collaboration with the Indonesian Embassies in Bangkok and Yangon, evacuated 169 more Indonesian citizens from Myawaddy, Myanmar on Tuesday, March 18, 2025.

Benih Lobster image source: Mongabay

Indonesian Coast Guard foils smuggling of 60,000 baby lobsters

The Indonesian Coast Guard (Bakamla) intercepted an attempted smuggling of 60,000 baby lobsters in the waters near D Island, Thousands Island regency, Jakarta, on Tuesday, March 11, 2025. 

Top officials, business partners named suspects in Pertamina graft scandal

The Attorney General's Office (AGO) has named seven individuals − four are top officials within PT Pertamina Group and the other three are business partners − as suspects in a corruption case related to mismanagement of crude oil and refinery products at the State energy company, its subholdings and contractors during the 2018-2023 period.

BISNIS/Alifian Asmaaysi

Police raise sea barrier case status in Tangerang to “comprehensive investigation”

The National Police’s Directorate of General Crimes Investigation has raised the status of the 30-kilometer sea barrier case of Tangerang waters in Banten Province from preliminary investigation (penyelidikan) to comprehensive investigation (penyidikan) on Tuesday, February 4, 2025.

Politics

Dissecting the pulse of the nation’s politics, where power plays and policies collide in a fight for the future.

Maroef Syamsudin

Who is the New CEO of MIND ID? His Career in Freeport, brother of Indonesia's Minister of Defense

The Indonesian government has appointed Maroef Syamsudin as the new CEO of state-owned mining holding company MIND ID, replacing Hendi Prio Santoso. Lawmakers and industry experts have emphasized that the decision falls entirely under the Ministry of State-Owned Enterprises (BUMN)'s authority.

TEMPO/Martin Yogi Pardamean

PDI-P clarifies on cadres’ presence at Regional heads retreat

The Indonesian Democratic Party of Struggle (PDI-P) has clarified that its cadres’ participation at the regional head retreat, which is currently underway at the National Military Academy in Magelang, Central Java, is still within the knowledge of party chair Megawati Soekarnoputri. 

Prabowo vows to bow out of 2029 presidential race if his performance falls short

President Prabowo Subianto says that he will not run in the 2029 presidential election if he considers his performance disappointing and that he would feel ashamed if he is unable to carry out the people's mandate.

Maruarar Sirat - image source: BUMN Track

President appoints Maruarar to chair Tapera Committee

President Prabowo Subianto has appointed Minister of Housing and Residential Areas Maruarar Sirait as Chair of the Public Housing Savings Committee Program (Tapera).

Indonesia Gelap - image source: voi.id/Karisa Aurelia Tukan

Civil society groups spark nationwide protests against Prabowo's policies, criticizing budget cuts and biasness

Thousands of student protesters, united in a movement dubbed "Dark Indonesia", staged simultaneous rallies in Jakarta and a number of regions in the country on Monday, February 17, 2025, criticizing President Prabowo Subianto-Gibran Rakabuming Raka government’s populist policies, in particular budget efficiency and free nutritious meal (MBG) program.

Jokowi mulls over establishing an open, inclusive political party accessible to all

Former President Joko “Jokowi” Widodo has revealed his political plans for the future, including the possibility of establishing a political party that is very open to everyone.

OIKN

Deputy for green and digital transformation at IKN Authority resigns

Mohammed Ali Berawi, Deputy for Green and Digital Transformation at the Nusantara Capital City (IKN) Authority has tendered his resignation from his position, which he had held since October 13, 2022.

Prabowo slams “rebellious” bureaucrats over opposition to budget efficiency

President Prabowo Subianto has hinted at the attitude of bureaucrats who oppose the budget efficiency policy of the government, likening them to “little kings” who feel immune to the law and therefore to oppose the head of state's directives.

Capitol Influence and Lobbying

Powerful insights into the key political players pulling the strings behind government decisions and shaping the nation's future.

BKF

House passes revision on 2004 TNI Law

The House of Representatives (DPR) passed the revision of Law No.34/2004 on the Indonesian Military (TNI) during the 15th plenary session of the 2nd period of the House’s 2024-2025 hearing year on Thursday, March 20, 2025.

House’s Commission I approves TNI Law revision, one step away from final ratification

The House of Representatives (DPR), Defense, Foreign Politics and Security Affairs Commission I has approved the Draft Law (RUU) on Amendment to Law No. 34/2004 on the Indonesian Military (TNI) to be brought further to the Plenary Session for ratification into law. 

Sugiono & Duta Besar Thailand image source: Kemenlu

FM Sugiono meets Thai Ambassador, discuss strengthened bilateral relations

Minister of Foreign Affairs Sugiono met with Ambassador of the Kingdom of Thailand, Prapan Disyatat, at the Indonesian Ministry of Foreign Affairs on Tuesday, March 12, 2025 discussing measures to strengthen bilateral Indonesia-Thailand cooperation in light of the 75th anniversary of diplomatic relations between both nations this year.

Menlu Sugiono dan Duta Besar Malaysia image source: Kemenlu

Indonesian FM, Malaysian Ambassador push for border negotiation resolution

Indonesian Minister of Foreign Affairs Sugiono met with Malaysian Ambassador to Indonesia, Dato’ Syed Mohamad Hasrin Tengku Hussin, at the Ministry of Foreign Affairs of Indonesia on Tuesday, March 12, 2025 discussing bilateral key issues of progress in border negotiations, economic cooperation, ASEAN affairs, and the Palestine issue.

House calls for strict action on textile import document manipulation case

Deputy Chairman of Trade and State-owned Enterprises Commission III of the House of Representatives (DPR), Dede Indra Permana Soediro, has brought to light the alleged manipulation of import documents − involving misuse of plastic import permits to import textile illegally − that occurred in a bonded warehouse in the Batujajar area, Bandung Regency. 

House, govt talk about TNI Law revision, emphasizing retirement age and civilian postings

Defense, foreign affairs, and intelligence Commission I at the House of Representatives (DPR) held a hearingwith Minister of Defense Sjafrie Sjamsoeddin and Minister of Law and Human Rights Supratman Andi Agtas on Tuesday, March 11, 2025, discussing the Draft Law (RUU) on Amendments to Law No. 34/2004 on the Indonesian Military (TNI).

Prabowo gathers conglomerates to boost investment, national development

President Prabowo Subianto summoned a number of conglomerates to the Presidential Palace in Jakarta for a meeting on Friday, March 7, 2025, discussing investment potential with entrepreneurs to government programs.

thong guan plastic & paper industries

Malaysia’s Thong Guan Industries confirms US$7 million investment in KIT Batang

Malaysian plastic packaging manufacturers, Thong Guan Industries Bhd., has confirmed its US$ 7 million (Rp115 billion) commitment to invest in the Batang Integrated Industrial Estate (KIT Batang) in Central Java, Indonesia. 

Geopolitics and Diplomacy

Explore the global forces shaking the world and their ripple effects on Indonesia’s destiny.

Gaza

Indonesia condemns Israel’s renewed attacks on Gaza, calls for immediate action

The Indonesian government has strongly condemned Israel’s renewed military assaults on Gaza, which have resulted in the deaths of at least 232 civilians, including children, during the holy month of Ramadan 2025.

KBRI Bangkok - image source: Antara

Indonesia repatriates 554 citizens from online scam operation in Myanmar conflict zone

The Indonesian Embassy (KBRI) in Bangkok, Thailand and the Indonesian Embassy in Yangon, Myanmar are coordinating to try to repatriate 554 Indonesian citizens involved in online fraud from the armed conflict area in Myawaddy, Myanmar.

Prabowo meets To Lam - image source: Biro Pers Media dan Informasi Sekretariat Negara

RI-Vietnam elevate ties to comprehensive strategic partnership, target US$18 B trade by 2028

Indonesian President Prabowo Subianto and Secretary General of the Central Committee of the Communist Party of Vietnam (CPV) Tô Lâm have agreed to upgrade bilateral Indonesia-Vienam relations to a Comprehensive Strategic Partnership.

Dominic Jermey - image source: Katadata

UK-Indonesia strengthen ties with new strategic partnership, green investment

British Ambassador to Indonesia, Dominic Jermey, has emphasized the United Kingdom's (UK) commitment in strengthening strategic relations with Indonesia, marking the year 2025 as an important moment for Indonesia and the UK in building a stronger foundation for cooperation.

Donald Trump & Zelensky source image: @detikNews - detikcom

Zelensky vs. Trump: The critical minerals showdown

In the intricate world of global geopolitics and geostrategy, few meetings carry the weight of the recent encounter between President Volodymyr Zelensky of Ukraine and U.S. President Donald J. Trump. The high-stake meeting held at the White House on Febrary 28, 2025 unveiled the complex interplay of energy strategy, diplomacy, and national security that shapes our contemporary world.

Indonesia’s role in peace creation, denuclearization on the Korean Peninsula

Indonesia’s foreign policy after the first 100 days of the Prabowo Subianto administration has become a widely discussed issue. As a country that upholds bebas aktif (independent and active) foreign policy, Indonesia is expected to play a strategic role in various global issues, including peace on the Korean Peninsula and North Korea's denuclearization efforts.[1] Unlike the previous administration of President Joko “Jokowi” Widodo,  Prabowo’s military background, along with his distinct experience and ambitions, could exert an influence on Indonesia’s approach to security diplomacy and regional stability.  

Airlangga-Tadashi Maeda - image source: ekon.go.id

Indonesia-Japan strengthen ties on energy transition, AZEC cooperation

Coordinating Minister for the Economy, Airlangga Hartarto, held a meeting on February 21, 2025 with Tadashi Maeda, Chairman of the Japan Bank for International Cooperation (JBIC) and Takio Yamada, Japanese Ambassador for the promotion of the Asia Zero Emission Community (AZEC), discussing Japan-Indonesia cooperations on energy transition and green economy.

Indonesia-NT Australia - image source: Kementerian ESDM

Indonesia-Northern Territory set up partnership on critical mineral supply chain

The Indonesian Ministry of Energy and Mineral Resources (ESDM) is collaborating with the Northern Territory (NT) of Australia in strengthening the supply chain of critical and strategic minerals.

National Resilience

The nation’s ability to manage and recover from challenges is evaluated through its strategies in food security, defense, and energy preparedness. This section assesses Indonesia’s effectiveness in tackling crises and ensuring national resilience.

Infrastructure

1 Indonesia's national data center in Cikarang set to open by April 2025

Infrastructure

2 Prabowo unveils US$30 billion investment to create 8 new million jobs

Smelter
Freeport

3 President inaugurates Freeport's precious metal refinery facility in Gresik

Waste Management

4 Indonesia to shut down three landfills due to severe environmental risks

Cyber and Espionage

Step into the shadowy world of cyber threats, espionage, and national security in the digital age.

Financial Crimes

A chilling look into the underworld of corruption, illicit wealth, and shadow economies.

Hidden Truths

Expose the hidden realities and untold stories that reveal the deep-rooted, shadowy forces shaping Indonesia’s narrative.

Society, Environment & Culture

Unravel the intricate threads of justice, societal transformation, and cultural narratives shaping Indonesian society.

  • Walhi blames nickel mining as severe floods hit villages in Morowali

    Heavy rainfalls accompanied by strong winds struck Bahodopi Sub-district in Morowali Regency, Central Sulawesi, on Sunday night, March 17, 2025 triggering severe floods in Lalampu and Labota villages, collapsing a number of electricity poles, and forcing residents to evacuate their homes.

  • Danantara's fossil energy project funding poses economic risks: CERAH

    The government's decision to fund multiple downstream and energy security projects − predominantly fossil-based − through the state-managed Daya Anagata Nusantara Investment Agency (BPI Danantara), could cause significant economic risks for the country, says the Center for Education and Research in Humanitarian Action (CERAH).

  • KSPI Flag

    Sixty thousand laid-off workers to miss out on holiday bonuses

    Some 60,000 workers from 50 companies that have been laid off due to company bankruptcies, efficiency policies, workforce reductions, and factory relocations to other countries will likely have to miss out their bonuses two weeks before Idul Fitri, the Indonesian Trade Unions Confederation (KSPI) has revealed.

Energy and Resources

Escape into the world of indulgence, from serene getaways to the cultural riches that refresh the soul.

Read Also

  • Rosan-Roeslani

    Rosan: Indonesia’s investment in African countries reaches US$2.09 bilion

    Minister of Investment /Head of the Investment Coordinating Board (BKPM), Rosan P. Roeslani, said bilateral Indonesia-Africa investment continues to grow, with Indonesia’s total investment in African countries for the period of 2019 until the second quarter of 2024 was recorded at US$2.09 bilion, while total investment of African countries in Indonesia at US$ 1.73 billion.

  • 031221-bio-bisnis-24-bkpm-3

    How BKPM secures Indonesia's investment growth during pandemic

    In the midst of the COVID-19 pandemic in Indonesia, the Investment Coordinating Board (BKPM) has continued to offer investment opportunities in accordance with President Joko “Jokowi” Widodo's instruction.

  • group-kids-friends-arm-around-sitting-together_1150-3907

    Stunting threat in Indonesia

    According to Banggai Islands Regent Ihsan Basir, stunting cases in the Central Sulawesi's regency in 2019 had been recorded at 22.6%. The figure increased to 23% in 2020 but then decreased to 21.54% in 2021. However, until mid year 2022, the stunting rate in the regency slightly increased to 21.87% in 2022.

  • im-587990

    What if China, Russia take profit from oil trading?

    Chinese President Xi Jinping visited Central Asia in a post-COVID-19-pandemic series of meetings of the Shanghai Cooperation Organization (SCO) in Samarkand, Uzbekistan, on September 15 and 16, 2022. Xi's choice to make his first visit to the SCO showed the importance of the event.

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