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BPK in its second semester examination results overview found a plethora of potentially problematic foreign investments.
The Investment Ministry or BKPM will be handed a greater investment goal for 2022 but under a indicated budget lower than 2021.
President Jokowi has officially appointed the Investment Coordinating Board (BKPM) Head Bahlil Lahadalia as Minister of Investment.
President Jokowi on Friday called on regents in the country to provide prime services for exports and investments.
Investment Coordinating Board (BKPM) assures that the government's negotiation with Tesla remains open.
BKPM is planning to conduct the groundbreaking ceremony of the integrated electric vehicle battery cell project in the first semester of 2021.
BKPM Head Bahlil Lahadalia will take up the challenge from the 'Cipayung Plus students activist' to a debate about the Job Creation law.
BKPM expert staff says the global economic crisis has driven foreign investment on the global scale to drop 30-40 percent.
BKPM chairperson Bahlil Lahadalia said Java Island's investment realization during the third quarter had dropped by 12 percent.
BKPM claims the omnibus law on job creation will guarantee that college graduates will get jobs and also encourages them to become entrepreneurs.
BKPM will encourage large-scale investors to cooperate with MSMEs as a follow up to the ratification of the Job Creation Law.
BKPM Head Bahlil Lahadalia claimed the Omnibus Law on Job Creation would be effective to prevent corruption practices.
A South Korean company is set to relocate its plant from China to Central Java's Pati district in Indonesia.
BKPM chairman Bahlil Lahadalia considers the omnibus law on job creation as a means to provide a red carpet for all investors.
The Investment Coordinating Board (BKPM) Head Bahlil Lahadalia expected the draft of omnibus law on job creation to be ratified in October.
BKPM had formed a special task force assigned to facilitate and attract investors that plan to relocate away from China.
It has been confirmed the country's investment realization in the year's second quarter is bound to decline.
Chief of BKPM Bahlil Lahadalia said that BKPM will be focusing on gathering investment in the medical equipment sector.
BKPM has recorded an increase in investment realization in the first quarter (Q1) of the year.
BKPM said that six South Korean-based garment companies in West Java had delivered some 927,500 PPEs to the BNPB amid the coronavirus pandemic.