BKPM Expands 3-Hour Licensing Service

The Investment Coordinating Board (BKPM) is expanding the type of investors eligible for three-hour services with the investment board. The service was previously available for investments in excess of Rp 100 billion. -- October 24, 2016 | 212 Views


BKPM: Deregulation Packages Benefits Three Sectors

The central government's economic deregulation packages have benefited three sectors the most: investment, trade and tourism, Investment Coordinating Board (BKPM) Thomas Lembong said. Investment in the first half of 2016 totaled Rp 298.1 trillion, a 14.8 percent increase over the same period last year. -- October 23, 2016 | 211 Views


Russia’s Blackspace to Invest in Cold Storage, Ice Factory

The Russian company Blackspace plans to invest in the construction of cold storage and ice facilities to support the fishing industry in Indonesia. The storage facilities are planned for Natuna island. -- October 20, 2016 | 373 Views


South Korean Investors Eye Banten Province

A South Korean business association has aired interest in investing in a shoe and garment factory in southern Banten province. The application is now in the permitting stage of the process. -- October 20, 2016 | 147 Views


Industry Minister Wooes Japanese Investors

Industry Minister Airlangga Hartarto -- October 13, 2016 | 159 Views


BKPM Chief Blames Previous Policies for Low Competitiveness

Investment Coordinating Board (BKPM) Chairman Thomas Lembong pointed the finger at previous administrations over Indonesia's weakening competitiveness. The country, lulled by high commodity prices, had less incentive to push for deregulation, modernization or better trade deals. -- October 11, 2016 | 134 Views


Indonesia Promotes Investment to Dutch SMEs

The Indonesian Ambassador to the Netherlands I Gusti Agung Wesaka Puja has gathered some 90 representatives of Dutch companies, especially small and medium scale ones, to drum up interest to invest in Indonesia. -- September 24, 2016 | 203 Views


North Sulawesi Promotes Tourism Investment Potential

The North Sulawesi chapter of the Investment Coordinating Board (BKPM) is promoting investment in tourism for the province's 52nd anniversary. The office is holding an exhibition on the province's natural beauty and culture. -- September 22, 2016 | 204 Views


BKPM, Citi Indonesia Cooperate to Boost Investment

The Investment Coordinating Board (BKPM) and Citi Indonesia have teamed up to boost investment in Indonesia. The agreement includes the promotion and the use of banking products and services related to investment activities. -- September 20, 2016 | 171 Views


Saudi, Qatar Firms Eye Tourism Sector in West Sumatra

The West Sumatra Integrated Tourism Zone has attracted the attention of investors from Saudi Arabia and Qatar, The zone, which spans form Padang to Mandeh, in South Pesisir, covers more than 10,000 hectares of land primed for tourism. -- September 20, 2016 | 429 Views


BKPM Working with National Police to Safeguard Investments

The National Police and the Investment Coordinating Board (BKPM) have inked a deal that aims to safeguard investments in Indonesia. The deal was vital to the country's economic growth, said BKPM Chair Thomas Lembong, as the government spending shrank amid lower-than-expected tax returns. -- September 20, 2016 | 159 Views