Indonesia FDI accelerates to a new record high in Q2
Foreign direct investment (FDI) into Indonesia rose 39.7% annually in the second quarter of this year to 163.2 trillion rupiah (10.89 billion USD), the biggest climb in the past decade.
Foreign direct investment (FDI) into Indonesia rose 39.7% annually in the second quarter of this year to 163.2 trillion rupiah (10.89 billion USD). (Photo: jakartaglobe.id)
Jakarta (VNA) – Foreign direct investment(FDI) into Indonesia rose 39.7% annually in the second quarter of this year to163.2 trillion rupiah (10.89 billion USD), the biggest climb in the pastdecade.
According to investment minister Bahlil Lahadalia, theFDI, which excludes investment in banking and the oil and gas sectors,accelerated from a 31.8% increase in the January-March period.
The growth was mostly supported downstream industrydevelopment in mining and petrochemical sectors that have entered theconstruction phase, he said.
Singapore, China and Japan were Indonesia's topsources of foreign investment for the period. The 39.7% rise was the biggestincrease for any quarter since 2011, according to Eikon Refinitiv's records.
The government will continue to focus on the metalprocessing sector and industries that uses renewable energy, Bahlil affirmed.
He reiterated that the government plans to banexports of bauxite and tin to promote investment into their processingfacilities onshore, part of a "reform" of foreign investment intoIndonesia.
Its export ban of nickel ore had successfullyattracted major investment, mostly from China, to produce metal and chemicalsused in electric car batteries extracted from nickel ore./.
The United Nations Development Program (UNDP) and Indonesian Chamber of Commerce and Industry (KADIN) are committed to taking joint actions to advance the 2030 Agenda for Sustainable Development (SDGs) through increasingly involving the private sector.
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Vietnam plays an important role in Southeast Asia’s economic growth and is a key partner of her country in realising the shared vision of a peaceful, stable, and prosperous region, said Robyn Mudie, First Assistant Secretary of Office of Southeast Asia (OSA) – Southeast Asia Regional and Mainland Division at Australia’s Department of Foreign Affairs and Trade (DFAT).
The 2025 ASEAN Business Community Development (ABCD) Forum, themed “Empowering ASEAN's Next Leap: Digital, Sustainable & Entrepreneurial Transformation” brought together ministers, CEOs, and top industry experts to discuss key regional economic priorities.
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The focus of the upcoming ASEAN Summit in October will be on strengthening economic relations through intra-regional trade and investment, as well as regional initiatives on energy networks and connectivity.
Indonesian Ambassador Rina P. Soemarno, who currently serves as Chair of the ASEAN Committee in Prague, emphasised the spirit of regional solidarity and cooperation, and the importance of enhancing ASEAN–Czech Republic relations.
The Indonesian Government is determined to seize opportunities to enhance the competitiveness of national agricultural products, an official has said, adding that it always strives to promote exports at the highest possible level, based on a mutually beneficial foundation.
Finance Minister Pichai Chunhavajira has outlined a six-point strategy to promote innovation, support small and medium-sized enterprises (SMEs), and push for Thailand's removal from the US Trade Representative (USTR)’s special 301 Watch List regarding intellectual property rights protection among trading partners.
Vietnamese Ambassador to Israel Ly Duc Trung emphasised ASEAN’s central role in regional mechanisms such as the ASEAN Regional Forum (ARF) and the East Asia Summit (EAS), highlighting its significant contribution to promoting peace, stability, and prosperity in Southeast Asia.
The consumer index of the University of the Thai Chamber of Commerce (UTCC), fell to 51.7 in July from 52.7 in the previous month. The sluggish economy and the trade war, as well as high living costs, continue to undermine confidence, the university said.
Deputy Speaker of the Hungarian National Assembly Istvan Jakab expressed his hope for further deepening Hungary’s ties with ASEAN countries and called for their support for Hungary’s accession to the Treaty of Amity and Cooperation in Southeast Asia.
The 30-storey tower crumbled seconds after a 7.7-magnitude earthquake hit neighbouring Myanmar on March 28. The partially built high-rise, meant to house the State Audit Office (SAO), was the only building in Thailand to collapse, killing 89 people on the site, mostly construction workers.
Indonesia’s waste generation is projected to exceed 50 million tonnes in 2025. Of the total, more than 20 million tonnes could potentially enter the ocean through rivers, coastal areas, small islands, ports, and marine activities, and thereby, pose a risk to coastal ecosystems and marine biota.
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Malaysia’s gross expenditure on R&D (GERD) reached 1.01% of gross domestic product in 2022, a notable increase, with more than 51% contributed by the industry sector. The country is targeting GERD to reach 2.5% by 2030, in line with the national goal of transforming into a high-technology nation.
Foreign direct investment (FDI) into Indonesia rose 39.7% annually in the second quarter of this year to 163.2 trillion rupiah (10.89 billion USD). (Photo: jakartaglobe.id) 
