Indonesia Looks to Foreign Investors in 2024

Jakarta Globe is reporting that Investment Minister, Bahlil Lahadalia has said that Indonesia aims to source over half of the country’s annual investment target from foreign investors again in 2024. In 2023, Indonesia secured IDR 1,418 trillion (approximately USD 90.3 billion) in combined foreign and domestic investments. About 52.4 percent came from foreign direct investment
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Civil Servant Agencies Ready to Move to IKN

Speaking at a press conference at the Ministry of Communication and Information Technology Building in Jakarta on Tuesday (19/3/24,) Acting Head of the National Civil Service Agency (BKN) Haryomo Dwi Putranto, said that 25 ministries and institutions have currently expressed readiness to move to Nusantara Capital City (IKN) and in principle, all civil servants (ASN)
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New Digital Currency Rules Unveiled

CoinGeek is reporting that, ahead of plans to interpret digital currencies as securities, Indonesia’s Financial Services Authority (OJK) has unveiled a new regulatory playbook to guide the actions of interested parties. The OJK’s regulatory guidance is intended to serve as a compass for commercial banks and other financial institutions exploring virtual asset services for their customers. Details
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