Indonesia Optimistic of Receiving More Japanese Investment

Translator

Antara

3 February 2019 12:00 WIB

TEMPO.CO, Jakarta - Indonesia believes that Japanese investment in Indonesia, particularly the portfolio one, still has potential to increase.

"Japanese portfolio investment in Indonesia still has potential to increase, as the value is very small at present," Mirza Adityaswara, the senior deputy governor of Bank Indonesia, stated here, Saturday, in response to the press` question regarding his meetings with Japanese investors and analysts in Tokyo and Osaka.

Indonesia needs to maintain ties with Japanese investors and to furnish latest information on Indonesia`s economy continuously, he emphasized.

Hence, Adityaswara said he had held meetings with Japanese investors and analysts in Tokyo and Osaka.

Based on data of the Finance Ministry, the value of portfolio investment in the form of shares and bonds in rupiah as per December 2018, reached US$163.56 billion, including $61.68 billion of foreign ownership.

The ownership of Japanese investors was recorded at only $2.07 billion. Their ownership of Indonesian bonds in yen is also small.

Adityaswara has called on every relevant stakeholder to help intensify ties with Japanese investors in order to attract more investment, including direct investment.

Investors can notice Indonesia`s commitment in implementing development, if there is sound coordination and synergy among relevant stakeholders in the country, he added.

Suahasil Nazara, head of the Fiscal Policy Agency of the Finance Ministry, remarked that Indonesia was optimistic of maintaining and attracting more investment from Japan by offering information update to Japanese investors.

Indonesian Ambassador to Japan Arifin Tasrif stated that the value of Japanese trade and investment in Indonesia would increase if the two countries sign an economic partnership agreement.

He forecast that the agreement would be signed in June this year, prior to the G20 Summit in Japan.

Indonesia enjoyed a trade surplus of some $2 billion in its bilateral trade with Japan. Such a condition is no problem for Japan, he remarked.

ANTARA



Senior Economist Laments Investment Minister's Claims

1 hari lalu

Senior Economist Laments Investment Minister's Claims

Senior economist Faisal Basri reminded the public that the claims from Investment Minister Bahlil Lahadalia should be taken with a grain of salt.


Govt to Continue to Support Job Creation, Says Investment Minister

8 hari lalu

Govt to Continue to Support Job Creation, Says Investment Minister

Investment Minister Bahlil Lahadalia says the govt will continue to encourage job creation even though the downstream sector is currently its priority


Indonesia's Investments Up 30.3%; Employment Highest in History

9 hari lalu

Indonesia's Investments Up 30.3%; Employment Highest in History

Indonesian Investment Minister Bahlil Lahadalia announced that the value of actualized investment stood at Rp314.8 trillion in Q4 of 2022.


Economy Dependent on Stable Political Climate, Says Economist

9 hari lalu

Economy Dependent on Stable Political Climate, Says Economist

An economist says the country's political climate needs to be guarded for the sake of the economy and continuing to attract investments.


Minister Bahlil Offers Quick Investment Permits to Advance Downstream Industry

14 hari lalu

Minister Bahlil Offers Quick Investment Permits to Advance Downstream Industry

Investment Minister Bahlil Lahadalia invited global investors to take part in Indonesia's downstream ecosystem.


SKK Migas Aiming to Drill 57 Exploratory Wells in 2023

14 hari lalu

SKK Migas Aiming to Drill 57 Exploratory Wells in 2023

SKK Migas is aiming to drill 57 exploratory wells in 2023, which is a 90 percent increase compared to what it achieved in 2022.


Workers Clash at PT GNI Nickel Smelter May Harm Investment Climate: Minister

16 hari lalu

Workers Clash at PT GNI Nickel Smelter May Harm Investment Climate: Minister

Investment Minister Bahlil Lahadalia laments the deadly clash among workers at PT GNI nickel smelter area in North Morowali, Central Sulawesi.


Deadly Clash at PT GNI Smelter; Govt Calls for Full Investigation

16 hari lalu

Deadly Clash at PT GNI Smelter; Govt Calls for Full Investigation

Industry Minister deplores the deadly clash between workers at the Chinese nickel smelter PT GNI, and calls for extensive investigation.


Discussion with Tesla Advances Next Week, Luhut Pandjaitan Claims

20 hari lalu

Discussion with Tesla Advances Next Week, Luhut Pandjaitan Claims

Minister Luhut Binsar Pandjaitan claimed that he is set to meet Tesla representatives to discuss "future plans" next week.


Minister Bahlil Tight-lipped over Tesla Investment Latest Update

20 hari lalu

Minister Bahlil Tight-lipped over Tesla Investment Latest Update

Indonesia's Investment Minister Bahlil Lahadalia refuses to comment on the latest news regarding Tesla's investment plan in the country.