News Columns about Indonesia

Indonesia Investments' News Columns section contains articles with a detailed analysis regarding topics that have high news value in Indonesia and can be regarded as topics that are capable of influencing Indonesia's investment climate. Most columns published in this section cover subjects related to politics, economics and social matters. By following these publications on a regular basis, one will be apprised of what is happening in Indonesia and - just as important - understand why it is happening.

  • Construction of Jakarta's Island Reclamation Project Can Resume

    The Indonesian government announced that the moratorium on the construction of the grand reclamation project off the bay of Indonesia's capital city of Jakarta has been lifted. In April 2016 Indonesian President Joko Widodo suspended all activities related to the project due to alleged violations of and/or hiatuses in Indonesian law. Moreover, a corruption scandal emerged involving one of the developers of the land reclamation project and a local Jakarta councilor.

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  • Corruption in Indonesia: Agung Podomoro Land Bribery Case

    Indonesia's Corruption Eradication Commission (abbreviated KPK) is satisfied with the decision of the Jakarta Corruption Court (Tipikor) to sentence Ariesman Widjaja, former General Director of Agung Podomoro Land, to three years in prison and IDR 200 million (approx. USD $15,300) in fines (or three additional months inmprisonment). Although prosecutors demanded a four year prison sentence and IDR 250 million in fines, the decision of the court is acceptable according to Indonesia's anti-corruption watchdog.

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  • 2009 Mining Law Indonesia: Mineral Ore Export Ban Delayed until 2022?

    Indonesia is currently discussing the revisions that need to be made to the 2009 Mining Law (Law No. 4/2009 on Mineral and Coal Mining). As there is a lack of progress with the development of smelting (processing) facilities in Indonesia, authorities may decide to postpone the full implementation of the ban on exports of unprocessed mineral ore by five years. Initially, this ban was supposed to come into effect in January 2014. However, it was pushed back to 11 January 2017 to allow more time for smelter development in Southeast Asia's largest economy.

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  • G20 Summit & Indonesia: President Joko Widodo Speaks in Hangzhou

    At the G20 summit in Hangzhou (China) Indonesian President Joko Widodo urged the leaders of the 20 strongest economies, in particular leaders of the advanced economies, to curb protectionist measures (tariff and non-tariff barriers) as these measures entail negative consequences for emerging markets. Trade could be the engine of international economic growth. Protectionism, however, undermines the flow of trade and therefore blocks accelerated economic growth. Widodo made this statement on Monday (05/09) at the third session of the G20 summit in Hangzhou's International Expo Center.

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