FDI flow into Indonesia drops 5.1 percent in nine months World

FDI flow into Indonesia drops 5.1 percent in nine months

The flow of foreign direct investment (FDI) into Indonesia dropped by 5.1 percent from 317.8 trillion Rp (21.61 billion USD) in the first nine months of 2019 to 301.7 trillion Rp in the same period of 2020, the Indonesian Investment Coordinating Board (BKPM) has reported.
Indonesia improves investment climate for economic revival World

Indonesia improves investment climate for economic revival

Indonesia will continue to encourage improvement of the investment environment despite the COVID-19 pandemic to revive its economy that is on the brink of recession, said deputy head of Indonesia’s Investment Coordinating Board (BKPM) Nurul Ichwan said on October 6.
Indonesia, RoK boost business cooperation World

Indonesia, RoK boost business cooperation

Indonesia and the Republic of Korea (RoK) have enhancing their business ties with investments worth thousands of billions of rupiah that will create thousands of jobs in the Southeast Asian nation.
Indonesia looks to attract more investment from RoK World

Indonesia looks to attract more investment from RoK

Head of the Investment Coordinating Board (ICB) of Indonesia said he and Minister of State-owned Enterprises Erick Thohir made a visit to the Republic of Korea on September 23 and 24 to call for more RoK investment to Indonesia.
FDI into Indonesia falls in Q1 World

FDI into Indonesia falls in Q1

About 6.33 billion USD of foreign direct investment (FDI) flowed into Indonesia in the first quarter of this year, down 9.2 percent year on year, as the COVID-19 pandemic has halted global investment, said the Indonesian Investment Coordinating Board (BKPM).
Indonesia: Investment realisation exceeds 56.4 billion USD World

Indonesia: Investment realisation exceeds 56.4 billion USD

Indonesia’s investment realisation target of 790 trillion rupiah (over 56.4 billion USD) can be realised in 2019 and even exceed the target or increase by around 10 percent from that of 2018, announced the country’s Investment Coordinating Board (BKPM) on December 25.
Indonesia to stop nickel exports World

Indonesia to stop nickel exports

Indonesia will stop exports of nickel ore immediately in the context that the world’s biggest nickel ore producer is seeking to promote domestic metallurgy industry, towards increasing the national budget revenue.
National Day marked in Indonesia Society

National Day marked in Indonesia

The Embassy of Vietnam in Indonesia hosted a ceremony in Jakarta on September 4 to celebrate the 73rd anniversary of Vietnam’s National Day (September 2, 1945 - 2018).
Investment in Indonesia rises nearly 12 percent in Q1 World

Investment in Indonesia rises nearly 12 percent in Q1

Total direct investment in Indonesia rose 11.8 percent year-on-year (y/y) to 185.3 trillion rupiad (14.3 billion USD) in the first quarter of 2018, according to the Indonesia's Investment Coordinating Board (BKPM).
Indonesia sees 13.7 percent rise in Q3’s investment World

Indonesia sees 13.7 percent rise in Q3’s investment

Indonesia’s investment activities are becoming more eventful as total investment capital in the third quarter rose 13.7 percent to 176.6 trillion rupiah (over 13.3 billion USD), higher than 155.3 trillion rupiah (about 11.7 billion USD) in the same time last year.
Indonesia taxes Google World

Indonesia taxes Google

Indonesia’s government has tightened its tax collection policy on high-technology enterprises in the country, starting with the US-based technology giant Google, as the companies have not paid enough to the government despite their expansion.
Indonesia, Italy enhance economic cooperation World

Indonesia, Italy enhance economic cooperation

Indonesian Coordinating Minister for Economy Darmin Nasution and visiting Italian Minister of Economic Development Carlo Calenda have agreed to enhance bilateral economic cooperation during their recent meeting in Jakarta, Indonesia.
Indonesia: FDI growth slows down in Q1 World

Indonesia: FDI growth slows down in Q1

FDI in Indonesia rose only 0.9 percent on an annual basis in the first quarter this year, slowing from the 2.1 percent increase in the previous quarter amid global economic uncertainties.