Below is a list with tagged columns and company profiles.

Today's Headlines BKPM

  • Foreign Direct Investment Growth in Indonesia Slowed in Q4-2016

    Foreign Direct Investment Growth in Indonesia Slowed in Q4-2016

    Indonesia's Investment Coordinating Board (BKPM) has released the direct investment figures - both foreign direct investment (FDI) and domestic direct investment (DDI) - for the fourth quarter of 2016 (implying we now also know the full-year 2016 figures). The BKPM data show a number of interesting developments that we outline below.

    Read more ›

  • Growth of Foreign Direct Investment (FDI) in Indonesia Slows in Q2-2016

    Growth of Foreign Direct Investment (FDI) in Indonesia Slowing in Q2-2016

    Direct investment in Indonesia (both domestic and foreign) totaled IDR 298.1 trillion in the first half of 2016, up 14.8 percent from investment realization in the same period one year earlier. Foreign direct investment (FDI) was recorded at IDR 195.5 trillion¹, up 12.3 percent (y/y) - and accounting for 65.6 percent of total investment realization in the first six months of 2016 - while domestic direct investment (DDI) rose 20.0 percent (y/y) over the same period. On a quarter-to-quarter basis, FDI into Indonesia rose 7.9 percent, considerably lower than the 17.1 percent (q/q) growth pace in the preceding quarter.

    Read more ›

  • Opening Foreign Investment in Indonesia: E-Commerce Industry

    Opening Foreign Investment in Indonesia: E-Commerce Industry

    Soon foreign investors will be allowed to control a full 100 percent stake in electronic commerce (e-commerce) businesses in Indonesia. Currently, the Indonesia Investment Coordinating Board (BKPM) is completing a new regulation that streamlines the latest regulatory changes in this industry (this regulation is expected to be completed in June 2016). Earlier this year, Indonesian President Joko Widodo signed a decree that opens (more wider) foreign ownership in various industries, including Indonesia's e-commerce industry.

    Read more ›

  • Foreign Direct Investment (FDI) into Indonesia Rises in Q1-2016

    Foreign Direct Investment (FDI) into Indonesia Rises in Q1-2016

    In rupiah terms, foreign direct investment (FDI) into Indonesia in the first quarter of 2016 grew 17.1 percent year-on-year (y/y) to IDR 96.1 trillion according to the latest data from the Indonesia Investment Coordinating Board (BKPM). Meanwhile, in US dollar terms FDI in Q1-2016 rose 4.5 percent (y/y) to USD $6.9 billion (using the IDR 13,900 per USD exchange rate set in the 2016 state budget). Due to the volatile rupiah rate, Indonesia's FDI always tends to be somewhat distorted when comparing these data in different currencies or in different time intervals.

    Read more ›

  • Chinese Furniture Companies Want to Relocate to Indonesia?

    Chinese Furniture Companies Want to Relocate to Indonesia?

    According to Franky Sibarani, Head of the Indonesia Investment Coordinating Board (BKPM), around 200 Chinese furniture companies have expressed their interest to relocate their factories to Indonesia because operational costs in China have been rising sharply in recent years, particularly wages. Moreover, rattan (an important material for furniture) is readily available in Indonesia. Sibarani said the changing structure of the Chinese economy (shifting from investment and export-driven to consumption) is why many Chinese manufacturing companies want to relocate their companies abroad.

    Read more ›

  • Foreign Direct Investment into Indonesia Grows 19.2% in 2015

    Foreign Direct Investment into Indonesia Grows 19.2% in 2015

    In rupiah terms, foreign direct investment (FDI) into Indonesia increased by 19.2 percent year-on-year (y/y) to IDR 365.9 trillion in 2015, according to the latest data from the Indonesia Investment Coordinating Board (BKPM). The BKPM, the central government's investment services agency, said FDI was strong in the fourth quarter of 2015 - rising 26 percent (y/y) - on the back of the government's recently unveiled series of economic stimulus packages.

    Read more ›

  • Negative Investment List of Indonesia to Be Revised

    Negative Investment List of Indonesia to Be Revised

    The Indonesian government announced it plans to allow 100 percent foreign ownership of cold storage businesses, sugar factories, rubber manufacturing companies, and the e-commerce business by revising Presidential Regulation No. 39/2014 on the Negative Investment List. The Negative Investment List (in Indonesian: Daftar Negatif Investasi) lists the sectors that are either fully or partially closed to foreign investment. Meanwhile, the government is studying whether other sectors can also be opened (or opened up wider) to foreign investors.

    Read more ›

  • Indonesia's Investment Agency Targets 15% Investment Growth in 2016

    Indonesia's Investment Agency Targets 15% Investment Growth in 2016

    The Indonesia Investment Coordinating Board (BKPM), the central government's investment services agency, targets to see a 15 percent growth to IDR 594.8 trillion (approx. USD $43 billion) in investment realization in 2016 supported by an improving investment climate in Southeast Asia's largest economy. Franky Sibarani, Head of the BKPM, said the government is particularly eager to see sharp growth in investment realization in the country's manufacturing sector, in infrastructure, services and trade, and in the raw resources industry.

    Read more ›

  • Foreign Investors Keen on Investing in Indonesia's Food Sector

    Foreign Investors Keen on Investing in Indonesia's Food Sector

    The food sector is one of the sectors within Indonesia's manufacturing industry that continues to lure foreign investors. This statement is based on the latest report of the Indonesia Investment Coordinating Board (BKPM), the investment services agency of the Indonesian government, released in late December. The agency notes that applications by investors for principle licenses in the food sector in the period 1 January to 28 December 2015 were worth a total of IDR 184.9 trillion (approx. USD $13.5 billion).

    Read more ›

  • Indonesia Investment Coordinating Board Eyes 594.8 trln Investment in 2016

    Indonesia Investment Coordinating Board Eyes 594.8 trln Investment in 2016

    The Indonesia Investment Coordinating Board (BKPM), the central government's investment service agency, said foreign direct investment (FDI) is projected to account for 65 percent - or IDR 386.6 trillion (approx. USD $28.2 billion) - of total direct investment in Indonesia in 2016. The BKPM sees domestic direct investment realization next year at IDR 208.4 trillion. As such, in total, direct investment realization in Indonesia is estimated at IDR 594.8 trillion (approx. USD $43.4 billion) in 2016.

    Read more ›

Latest Columns BKPM

  • Direct Investment Realization in Indonesia Back on Track in First Half of 2019?

    Direct Investment Realization in Indonesia Back on Track in First Half of 2019?

    In late-July 2019 Indonesia’s Investment Coordinating Board (BKPM) released the latest direct investment data of Indonesia. The data give rise to some optimism, albeit – generally speaking – direct investment realization comes from a low base in Indonesia (and non-optimal investment realization means the whole economy is not running optimally).

    Read more ›

  • Representative Offices in the New BKPM Regulation 13/2017

    Representative Offices in the New BKPM Regulation 13/2017

    As discussed in our previous column, on January 2 the Investment Authority (BKPM) enacted Regulation 13/2017 regarding Guidelines and Procedures for Investment Licensing and Facilities (BKPM Regulation). In this column we discuss the different types of representative offices regulated by the BKPM Regulation. Under the new regulation, BKPM added one type of representative office, namely the Oil and Gas Representative Office. We discuss all four types of representative offices under the BKPM Regulation.

    Read more ›

  • New Foreign Investment Regulation Issued By BKPM

    New Foreign Investment Regulation Issued By BKPM

    Recently, the Indonesian Investment Authority (BKPM) issued Regulation no. 13 of 2017 regarding Guidelines and Procedures for Investment Licensing and Facilities (13/2017 Regulation). The 13/2017 Regulation is of great importance for foreign investors that currently have or wish to establish a foreign investment company in Indonesia. The regulation regulates the investment requirements for Foreign Limited Liability Companies (PT PMA) and several types of Foreign Representative Offices. In this column we discuss the licensing system for foreign capital investment.

    Read more ›

  • Economy of Indonesia: Shifting from Consumption to Investment?

    Economy of Indonesia: Shifting from Consumption to Investment?

    Thomas Lembong, Head of Indonesia's Investment Coordinating Board (BKPM), said the 5.01 percent year-on-year (y/y) economic growth pace of Indonesia in the second quarter of 2017 was rather disappointing as consumption remained bleak. Only Indonesia's export and investment realization showed an improvement, Lembong added. But, overall, Indonesia's economic growth stagnated.

    Read more ›

  • Direct Investment in Indonesia Rebounds in Second Quarter 2017

    Direct Investment in Indonesia Rebounds in Second Quarter 2017

    The Investment Coordinating Board of Indonesia (in Indonesian: Badan Koordinasi Penanaman Modal, or BKPM) reported that total direct investment realization in Indonesia was recorded at IDR 170.9 trillion in the second quarter of 2017. This constitutes a 12.7 percent growth pace from IDR 151.6 trillion worth of total direct investment in the same quarter one year earlier. Thomas Lembong, Head of BKPM, said investment realization managed to absorb 345,323 Indonesian workers in Q2-2017.

    Read more ›

  • How Many Foreigners Actually Work in Indonesia? No Hoax!

    How Many Foreigners Actually Work in Indonesia? No Hoax!

    Over the past couple of weeks public outcry ensued in Indonesia due to rumors (a hoax) that said there are currently about ten million workers from China in Indonesia, implying these immigrants are (potentially) "stealing" jobs from the local population. Xenophobia and nationalist sentiments are no strangers to Indonesia, a country that faced a long colonial period, and therefore this hoax easily ignited anxiety among (part of) the Indonesian people. But how many foreigners are currently actually working in Indonesia?

    Read more ›

  • Foreign & Domestic Investment in Indonesia Rose in Q3-2016

    Foreign & Domestic Investment in Indonesia Rose in Q3-2016

    According to the latest data from Indonesia's Investment Coordinating Board (BKPM), investment realization (consisting of both foreign and domestic direct investment) in Indonesia grew 10.7 percent (y/y) to IDR 155.3 trillion in the third quarter of 2016. Cumulatively, investment realization in Indonesia stands at 453.4 trillion in the first nine months of 2016, achieving about 76 percent of the full-year target (IDR 594.8 trillion). Most likely, the BKPM's full-year target will be achieved.

    Read more ›

  • Fast Investment Procedure Foreign Investment Companies

    Fast Investment Procedure Foreign Investment Companies

    The new BKPM (investment body) Regulation number 14 of 2015 regarding the Guidelines and Procedures for the Investment Principle Permit (New BKPM Regulation) sets a new special fast investment procedure for specific foreign investment companies. Under the fast investment procedure companies are able to obtain their investment license within 3 hours as of submission of the application. This procedure is however only open for large investments in Indonesia. In this column we will discuss the requirements for the fast Investment procedure.

    Read more ›

  • Pitfalls for Foreign Investors in Indonesia when Establishing a Company

    Pitfalls for Foreign Investors in Indonesia when Establishing a Company

    When establishing a foreign investment limited liability company in Indonesia, there are several pitfalls foreign investors should be aware of. In the column of this week we discuss the most common pitfalls of foreign investors when establishing a limited liability company (PT PMA) in Indonesia. The pitfalls include the impact on investment when moving the business to another business location and the impact on investment when adding a business field / business activity to the PT PMA.

    Read more ›

No business profiles with this tag