Investment and Risk
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Prabowo approves Rp48.8 T budget for IKN development for 2025-2029 phase
President Prabowo Subianto has set the development of the Nusantara Capital City (IKN) for the next five years, approving a total budget of Rp48.8 trillion (US$ 3 billion).
PLN unveils US$4.4 B project to support 8-percent economic growth target
State power utility PT PLN has confirmed its commitment to supporting the 8-percent economic growth target through the development of electricity infrastructure that will cater the needs of industry, new areas development, and remote regions.
Indonesia fast-tracks nuclear power plant development to boost growth, sustainability
The government is determined to accelerate the target of building nuclear power plants (PLTN) in 2029-2032, a commitment stipulated in the draft of National Electricity General Plan (RUKN) 2025-2060.
Indonesia seeks US$1.1 T in investment for renewable energy transition by 2060
The Ministry of Energy and Mineral Resources (ESDM) is in need of US$1.1 trillion (Rp16,260 trillion) in investment to realize the national electricity general plan (RUKN) to establish a majority of new and renewable energy (EBT)-generated power plants by 2060.
Prabowo announces planned expansion of oil palm plantations amidst growing demand
President Prabowo Subianto has revealed plan to expand oil palm plantations in Indonesia in an effort to meet demands of palm oil export that continuously increase annually.
IDX targets 66 IPOs in 2025 for boosting investor growth, market activity
Indonesia Stock Exchange (IDX) is targeting about 66 new companies which will conduct an initial public offering (IPO) in 2025, an increased of 6.45 percent from 62 companies in 2024.
Ministry holds Expose of 2024 Strategic Investment Downstreaming Study
The Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) held an Expose of the 2024 Strategic Investment Downstreaming Study in Jakarta, on Monday, December 23, 2024 attended by 150 participants from relevant ministries and institutions, business associations and actors, academics, as well as heads of Investment and One-Stop Integrated Services (DPMPTSP) and heads of Regional Development Planning Agencies (Bappeda).
Apple to invest US$1 B in Batam as part of its investment commitment in Indonesia
Apple plans to build a factory in Batam, Riau Islands, with an investment of US$1 billion (Rp16 trillion) after its investment plan was approved by President Prabowo Subianto.
Study reveals negative impacts of tax incentives for plastic industry, need of transparency
A number of tax incentives enjoyed by the plastic industry are considered to have negative impacts on the environment and state revenues according to a recent study by The Prakarsa.
SUN Energy-SMBC set up partnership to speed up energy transition in Indonesia
Solar energy developer PT Surya Utama Nuansa (SUN Energy) has established partnership with PT Bank SMBC Indonesia (SMBC Indonesia) through the provision of a US$10 million Multi Option Trade Facility for the procurement of raw materials and expansion of solar energy projects in the commercial and industrial (C&I) sector.
Rosan secures US$7.46 billion in investment commitments from Chinese firms
The recent meetings of Minister of Investment and Downstreaming/Head of the Investment Coordinating Board (BKPM) Rosan P. Roeslani with eight Chinese giants in the electric car ecosystem in China on December 18-20, 2024 had resulted in a total new investment commitment of US$7.46 billion (Rp120 trillion).
Rosan meets giant Chinese firms for EV ecosystem investment acceleration
Minister of Investment and Downstreaming/Head of the Investment Coordinating Board (BKPM) Rosan Perkasa Roeslani met with a number of giant Chinese companies within the electric vehicle (EV) ecosystem production chain during his visit to China on December 16-17, 2024.