#Investment
Danantara launch: A bold step toward economic transformation despite criticism
President Prabowo Subianto launched the Daya Anagata Nusantara Investment Management Agency (BPI Danantara) on Monday, February 24, 2025 amidst pros and cons in the society.
GAC International strengthens commitment in Indonesia
Chinese state-owned automobile manufacturer headquartered in Guangzhou, Guangdong, GAC International, has reaffirmed its commitment to expanding in Indonesia, recognizing the country’s strategic role in the Southeast Asian automotive market.
ExxonMobil supports Indonesia’s CCS development program, target
U.S. oil and gas company has expressed its support for Indonesia’s Carbon Capture and Storage (CCS) development program and target, actively working with the Indonesian government and state-owned oil company PT Pertamina to establish CCS infrastructure in key industrial zones that will help position Indonesia as a regional hub for carbon storage.
Danantara poised to surpass Singapore's GIC, become one of the world's largest
Daya Anagata Nusantara Investment Agency (Danantara) has the potential to surpass GIC or the Government of Singapore Investment Corporation (GIC) in terms of assets under management, a report by the Financial Times Stock Exchange (FTSE) Russell has revealed.
Bahlil Lahadalia
Bahlia Lahadalia was born in Maluku, Indonesia in 1976. He is the current Minister of Investment/ Investment Coordinating Board. He is the son of a father who is a construction worker and a mother who’s a cake seller. The limitations he had since childhood made him an independent and a tough man. When he was in elementary school at SDN 1 Seram Timur, Maluku, he helped his family by selling cakes. When he entered junior high school at SMPN 1 Seram Timur, Maluku, he once became a angkot conductor, selling fishes, helping as an excavator helper to fill his needs, then at SMEA YAPIS Fakfak, Papua (voffice.co.id; telisik.id), he became an angkot driver by working part-time. Even though life is hard and working while attending school, he still has good grades and became the student council president (OSIS). He then went to Jayapura, Papua to find a university to enrol but rejected and without money, Bahlil then stayed in a boarding school, and was encouraged by the head of the boarding school who then would be the Deputy Governor of West Papua later on to study at a university, with unlimited enthusiasm and encouragement from the head of the boarding school, he enrolled himself for undergraduate studies at the Port Numbay School of Economics, Jayapura, Papua. While enrolling he also became a cart pusher at the nearby market, and a newspaper seller.
India’s Thermax plans up to US$100M investment in green technologies in Indonesia
Thermax, an energy manufacturing company from India, has the potential to increase investment up to US$100 million (Rp1.6 trillion) to develop green industries in air pollution control devices and bioethanol in Indonesia.
Trump's EV policy shift sparks concerns for Indonesia's nickel industry, SE Asia's supply chain
U.S. President Donald Trump's policy in revoking electric vehicle (EV) incentives raises concerns on the impact to Indonesia's vital nickel sector, simultaneously creating a domino effect across Southeast Asia's vehicle and other related industries, a report by the South China Morning Post reveals.
Germany takes over leadership of RI’s JETP climate funding as U.S. steps down
Indonesia's Just Energy Transition Partnership (JETP) Secretariat has confirmed that the International Partners Group (IPG) member Germany would take over the U.S. leadership role, with donors such as France and the European Union (EU) appreciating Germany for stepping in to lead JETP climate funding in Indonesia, a report by jakartaglobe.id reveals.
Indonesia secures foreign investments amidst plan to streamline foreign capital entry
Rosan Roeslani, Minister of Investment and Downstream/Head of the Investment Coordinating Board (BKPM), Rosan P. Roeslani, said the government has secured investments worth billions of dollars that are planned to enter Indonesia in the first quarter of 2025.
Ministry of Manpower to report thugs disrupting factory operations to police
The Ministry of Manpower will report community organizations or groups acting as thugs that disrupt factory operations and investments in industrial areas to the police.
Budget efficiency policy opens doors for infrastructure investment: Arsjad
The Indonesian Chamber of Commerce and Industry (Kadin) has assessed that the budget efficiency policy set by President Prabowo Subianto could open up investment opportunities for the private sector as it provides a bigger role to the private sector in infrastructure development.
Indonesia told to improve business environment to achieve high-income status
Indonesia must enhance its business environment to accelerate economic growth and escape the middle-income trap, according to Norman Loaiza, Director of the Global Indicators Group at the World Bank Group. Speaking at the launch of the Business Ready (Be Ready) Report, Loaiza highlighted key areas where Indonesia needs improvement to attract investments and foster a dynamic private sector.