Below is a list with tagged columns and company profiles.

Today's Headlines BKPM

  • Singapore Largest Foreign Investor in Indonesia in the First Half of 2014

    According to the Indonesia Investment Coordinating Board (BKPM), Singapore is the largest foreign investor in Indonesia. In the first half of 2014, Indonesia received USD $3.4 billion worth of investments from Singapore. In total, foreign companies invested IDR 150 trillion (USD $12.9 billion) in Indonesia during the first six months of 2014. This is the highest amount of foreign investment that Indonesia has ever managed to attract in a six-month period. It also diluted fears that the legislative and presidential elections would cause a temporary slowdown.

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  • Foreign Direct Investment (FDI) in Indonesia Hits New Record in Q2-2014

    According to data from the Indonesia Investment Coordinating Board (BKPM), total investment realization in Indonesia grew 16.4 percent (year-on-year) in the second quarter of 2014 to IDR 116.2 trillion (USD $10.0 billion), the highest ever quarterly investment result and thus proved that Indonesia’s legislative and presidential elections in 2014 were no reason to postpone direct investments. Foreign direct investment (FDI) was recorded at IDR 78.0 trillion (USD $6.7 billion), while domestic direct investment (DDI) was IDR 38.2 trillion (USD $3.3 billion).

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  • BKPM Optimistic about Q2-2014 Investment Realization in Indonesia

    The Indonesia Investment Coordinating Board (BKPM), the investment service agency of the Indonesian government, is optimistic that investment realization in Indonesia (Southeast Asia’s largest economy) can surpass the level of IDR $100 trillion (USD $8.5 billion) in the second semester of 2014. Sectors that see increased investments in this quarter are the consumer goods and mining sectors. Total investments in Indonesia in the first quarter of 2014 reached IDR 106.6 trillion, an all-time record high quarterly investment realization.

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  • Indonesia Investment Coordinating Board Optimistic on Investment in 2014

    The Indonesia Investment Coordinating Board (BKPM) is optimistic that investments (both foreign and domestic direct investments) in Indonesia can reach IDR 450 trillion (USD $38.1 billion) in 2014. This would be a 15 percentage point increase from investment realization in 2013. Head of BKPM Mahendra Siregar said that there is no evidence yet which indicates that investors are hesitant to invest due to the presidential election (scheduled for 9 July 2014). In the first quarter of 2014, investment realization in Indonesia had set a new record.

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  • Revision of Indonesia's Negative Investment List to Attract Investment

    Chairman of the Indonesia Investment Coordinating Board (BKPM) Mahendra Siregar said on Thursday (24/04) that Indonesia's Negative Investment List (Daftar Negatif Investasi), which stipulates which sectors in the Indonesian economy are open to foreign investment as well as the percentage of foreign ownership permitted, has been revised. The list was revised through a Presidential Decree earlier this week. The revision means that the limit of foreign ownership in several sectors will be raised.

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  • Indonesian Government Tenders Construction of Oil Refinery Project

    The government of Indonesia will tender a crude oil refinery construction project in mid April 2014. The oil refinery will be located in Bontang (East Kalimantan) and the project is based on the public-private partnership (PPP) scheme. Susilo Siswoutomo, Indonesia's Deputy Minister of Energy and Mineral Resources, said that the government is currently engaged in formulating procedures for submission of the tender bid. The Finance Ministry and Indonesia Investment Coordinating Board (BKPM) are also involved in formulating the terms of reference.

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  • Muhammad Lutfi Replaces Gita Wirjawan as Indonesia's Trade Minister

    Indonesia's President Susilo Bambang Yudhoyono will officially appoint Muhammad Lutfi as the new Trade Minister on Friday (14/02), thus replacing Gita Wirjawan who requested to step down as Trade Minister on 31 January 2014 in order to focus solely on his presidential bid. Muhammad Lutfi will only have eight months time to head the Trade Ministry because a new Indonesian government will be inaugurated in October (legislative and presidential elections are scheduled for April and July 2014).

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  • BKPM: Japan Replaced Singapore as Biggest Investor in Indonesia in 2013

    Mahendra Siregar, Chairman of the Indonesia Investment Coordinating Board (BKPM) said that Japan has replaced Singapore as the largest investor in Indonesia. In 2013, Japan invested USD $4.7 billion in Southeast Asia's largest economy, particularly in the automotive sector due to the sector's promising outlook as demand for cars among Indonesia's expanding middle class grows strongly. Singapore, which was the largest investor in Indonesia between 2010 and 2012, fell to second place with USD $4.6 billion worth of investments.

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  • Larger Share of Foreign Ownership in Indonesia's Infrastructure Projects

    The Indonesian government wants to enlarge the role of foreign participation in the country's infrastructure development. Through a proposed revision of Presidential Regulation No 36/2010 regarding the Negative Investment List (Daftar Negatif Investasi), foreign investors will have more room for investing in Indonesia's infrastructure sector within public-private partnership schemes (PPP projects). The Indonesian government needs more foreign participation as the current state of the country's infrastructure is inadequate.

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  • More Foreign Investment Allowed in Airports, Power Plants and Toll Roads

    The government of Indonesia announced on Tuesday (24/12) that increased levels of foreign direct investments will be allowed in the country’s airports, pharmaceutical industries, power plants, and toll roads. The revision of Indonesia's Negative Investment List (Daftar Negatif Investasi), the list which stipulates which sectors are closed (or partly closed) to foreign investment, is conducted in order to attract more foreign investments from abroad as a means to combat slowing economic growth in Southeast Asia's largest economy.

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Latest Columns BKPM

  • BKPM: Foreign and Domestic Investment Realization Increases 18.7% in Q4 2012

    The Investment Coordinating Board (BKPM) of Indonesia announced today that investment realization figures for domestic and foreign direct investment in the fourth quarter of 2012 increased by 18.7 percent to IDR 83.3 trillion (US $9 billion) compared to the same period in 2011 (when it was IDR 70.2 trillion). For the whole year of 2012, the cumulative of investment realization is IDR 313.2 trillion, implying that it had surpassed the government target of IDR 283.5 trillion.

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