Below is a list with tagged columns and company profiles.
Latest Reports FDI
On 4 August 2022 Indonesia Investments released the July 2022 edition of its monthly report. In this report we analyze the latest (and most relevant) economic, political and social news from Indonesia.
While the COVID-19 crisis has seriously disrupted consumption, production, trade, and investment around the globe, this crisis apparently has only a limited impact on direct investment realization in Indonesia. After experiencing a relatively modest hiccup only in Q2-2020, investment recovered to record high levels in subsequent quarters. Does that make sense? What is going on here?
The presence of ‘something foreign’ in Indonesia is often still a somewhat sensitive issue. And, we would not be surprised if it is the country’s prolonged colonial period – when foreign forces (particularly the Dutch) came to the Archipelago in search of commodities – that brings back traumatic memories from the past. This history may thus also explain why Indonesia – today – shows a relatively high degree of economic nationalism and resource nationalism.
On 05 November 2020 Indonesia Investments released its October 2020 (2nd half) report. This report zooms in on some key macroeconomic data, including inflation, manufacturing activity, direct investment, and trade.
On Monday 20 April 2020 the Investment Coordinating Board (in Indonesian: Badan Koordinasi Penanaman Modal, or BKPM), a government agency, released the latest direct investment data, involving foreign and domestic direct investment in the first quarter of 2020.
For the past couple of years we have often heard high government officials in Indonesia say that the country’s corporate income tax (in Indonesian: Pajak Penghasilan Badan, or PPh badan) is planned to be cut in an effort to attract more direct investment.
On Tuesday 15 October 2019 the Indonesia Trade Investment Summit will be held in the Ritz-Carlton Hotel (Pacific Place) in Jakarta. This high-profile event focuses on the development of investment and trade, including strategies, targets and challenges.
In this month’s edition we decided to zoom in on economic relations between Switzerland and Indonesia, two countries that are both blessed with natural beauty. Although a quick look at the available data shows that trade and investment flows between both nations are quite small, we detected quite a lot of interesting activity in recent years that could – and should – lead to a boost in investment and trade between both countries.
On Tuesday (11/06) Indonesia Investments released the May 2019 edition of its monthly research report. The report aims to inform the reader of the key political, economic and social developments that occurred in Indonesia in the month of May 2019 and also touches upon key international developments that impacted on the Indonesian economy.
The legislative and presidential elections that are scheduled for April 2019 seem to have a big impact on direct investment realization in Indonesia this year. Based on the latest data from the Investment Coordinating Board (BKPM), foreign direct investment (FDI) realization dropped 20.2 percent year-on-year (y/y) to IDR 89.1 trillion (USD $5.9 billion) in the third quarter of 2018. This constitutes the third consecutive quarterly decline in FDI realization in Indonesia.
Latest Columns FDI
On 9 August 2021, Indonesian President Joko Widodo witnessed the launch of the new Online Single Submission (OSS) system at the Investment Ministry (also known as the Investment Coordinating Board, abbreviated as BKPM).
Subscribers to our reports may remember that we put some question marks behind recent data released by the Investment Coordinating Board (in Indonesian: Badan Koordinasi Penanaman Modal, or BKPM) related to direct investment realization in Indonesia.
After news spread late last year, it is official now! Indonesia has its own sovereign wealth fund, called the Indonesia Investment Authority (abbreviated as INA). On 16 February 2021, Indonesian President Joko Widodo announced the list of people that will this investment management institution. For starters, Widodo selected Ridha DM Wirakusumah - previously President Director of Bank Permata - as the CEO of INA.
It came as a big surprise to us to learn that direct investment realization in Indonesia expanded in the third quarter of 2020, both compared to the same quarter one year earlier (Q3-2019) and compared to the preceding quarter (Q2-2020).
The month October in the year 2020 was another volatile month. At the beginning of the month (which we covered in our preceding report) the passing of the Omnibus Job Creation Law triggered a series of demonstrations that have been continuing up to the time of writing this introduction.
On 15 October 2019 the first edition of the ‘Indonesia Trade & Investment Summit’ was held at the Ritz Carlton ballroom at Pacific Place Jakarta in the Sudirman Central Business District (located in South Jakarta).
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).
After nearly nine years of talks and negotiations (although communication between both sides had been put to a halt - amid diplomatic tensions – at more than one occasion over these nine years) Indonesia and Australia finally signed the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA) in Jakarta on 4 March 2019. It is an agreement that launches a brand new chapter in economic relations and cooperation between Australia and Indonesia.
Based on data from the Indonesia Investment Coordinating Board (BKPM), total direct investment realization in full-year 2018 reached IDR 721.3 trillion, up 4.1 percent compared to the preceding year. However, it means that the government’s investment target of IDR 765 trillion was not achieved.
Based on the latest data from Indonesia’s Investment Coordinating Board (BKPM), total direct investment (foreign direct investment + domestic direct investment) in Indonesia was rather subdued in the second quarter of 2018, rising by a modest 3.1 percent year-on-year (y/y) to IDR 173.6 trillion (approx. USD $13.1 billion, using the IDR 13,400 per US dollar exchange rate that was set in the 2018 State Budget). As a consequence, Indonesia only achieved 47.3 percent of its full-year 2018 investment realization target in the first half of 2018, thus chances are rather big that the full-year target will not be achieved. It would be the first time Southeast Asia’s largest economy misses its investment realization target in many years.
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