About 6.33 billion USD of foreign direct investment (FDI) flowed into Indonesia in the first quarter of this year, down 9.2 percent year on year, as the COVID-19 pandemic has halted global investment, said the Indonesian Investment Coordinating Board (BKPM).
Hanoi (VNA) – About 6.33 billion USD of foreign direct investment(FDI) flowed into Indonesia in the first quarter of this year, down 9.2 percentyear on year, as the COVID-19 pandemic has halted global investment, said the IndonesianInvestment Coordinating Board (BKPM).
Indonesia reported the first COVID-19 case in March.
The virus kept spreading rapidly across the country, forcing Indonesian authoritiesto apply partial lockdowns in the country's capital of Jakarta and some othercities, hemming in business activities.
The Indonesian Ministry of Health said on April 20 that the country recorded185 new cases of COVID-19, bringing its total to 6,760.
Southeast Asia's biggest economy is projected to grow 2.3 percent this year, downfrom a 5.02-percent growth last year, according to Finance Minister Sri MulyaniIndrawati./.
Indonesia's economy is likely to begin recovering in the last quarter of 2020 before the growth accelerates in 2021 with an expected expansion of between 4.5 and 5.5 percent, according to Indonesian Finance Minister Sri Mulyani Indrawati.
Indonesia will issue larger tax breaks to cover 11 business sectors which are similar to the incentives given to manufacturing industries to help companies weather impacts from the COVID-19 pandemic.
Indonesian Minister of Administrative and Bureaucratic Reform Tjahjo Kumo on April 20 said his Government has decided to extend the time of work-from-home for civil servants until May 13 to contain the spread of the COVID-19 pandemic.
Minister Sulaiman issued a 14-day deadline for businesses to rectify practices, while cautioned that failure to comply would prompt strict enforcement measures.
In their statement, the ministers expressed concern over the escalation of tensions in the Middle East since June 13 and welcomed the ceasefire between Israel and Iran on June 24. They called on all parties to respect the ceasefire and avoid further escalation of the conflict.
The top three categories of illegal health product listings detected and removed by HSA consisted of medicine for skin and hair conditions (37%); antibiotic, antifungal and antiviral creams, tablets or capsules (15%); and unregistered contact lenses (13%).
Rudy Salim, executive chairman of Prestige Aviation – the company that introduced the EHang 216-S to Indonesia, said its agenda is to continue test flights, so that this can become a future mode of tourism and transportation.
Startup ASEAN platform brings all stakeholders together under one digital roof, expected to promote open innovation, improve access to capital, and strengthen ASEAN’s position as a dynamic and connected innovation powerhouse.
Indonesia as an appealing destination for investment in energy transition. It is Southeast Asia’s largest energy consumer and the region’s fourth most populous country. However, the majority of the country's existing power plants still rely on fossil fuels.
The Vietnam Trade Office in Singapore urged all Vietnamese firms trading with Singapore to seriously comply with its legal regulations, particularly customs requirements.
The Grandma Island soccer team was about to go to compete for Setokok Island, Batam city. In the middle of the trip, the boat was hit by waves and overturned.
Mexico's Nuevo León leaders underscored the state’s keen interest in partnering with ASEAN – a region known for dynamic economic growth, a young population, an expanding middle class, and a growing role in global supply chains.
Thailand has imposed a comprehensive ban on electronic waste imports as it grapples with a burgeoning e-waste problem. A 2021 report from the Pollution Control Department revealed that the country generates over 400,000 tonnes of domestic electronic waste annually.
Phuket airport authorities said the incident did not affect flights or airport operations, and security personnel are also stepping up surveillance in public areas, with CCTV covering all the airport area.
The facility will integrate multiple components, including mining operations, a smelter, high-pressure acid leach (HPAL) processing, and production of precursors and cathodes.
A participant in the Malaysia Economic Forum 2025 said despite challenges, there are significant opportunities in AI, digital transformation, and green technologies, requiring the country to balance both risk and potential thoughtfully.
Themed “emerging trends in terrorism and violent extremism”, the event drew over 200 participants from domestic and international agencies, discussing the rapid evolution of terrorism and the need for stronger regional and global cooperation.
Indonesia aims to start nuclear power generation by 2034, with a government roadmap already in place to develop small modular reactors (SMRs) with capacities ranging from 300 to 500 megawatts.
The package, endorsed on June 24, comprises 481 projects designed to boost GDP by an additional 0.4% and generate temporary employment for about 7.4 million people nationwide.
An Indonesian official emphasised that energy security is extremely essential amid global geopolitical and economic fragmentation, highlighting the need for the energy industry to strengthen resilience and responsiveness in the face of fluctuating oil prices and the shift to clean energy.
Illustrative image (Photo: thejakartapost.com) 
