Indonesia calls on US investors to support sustainable growth

Indonesian President Prabowo Subianto has urged US business leaders to prioritise environmental, social, and governance (ESG) principles when investing in his country.

Indonesian Investment and Downstreaming Minister Rosan P. Roeslani, who accompanied the President to a meeting with representatives of the US-Indonesia Society (USINDO) in Washington, D.C., on November 11 (local time), said the leader urged them not just to invest capital in Indonesia, but to apply ESG principles, ensuring their investments benefit the community.

Indonesian Investment Minister Rosan P. Roeslani delivers a press statement after accompanying President Prabowo Subianto to a meeting with the US-Indonesia Society in Washington D.C. on November 11. (Photo: ANTARA)
Indonesian Investment Minister Rosan P. Roeslani delivers a press statement after accompanying President Prabowo Subianto to a meeting with the US-Indonesia Society in Washington D.C. on November 11. (Photo: ANTARA)

The President said this is a very important matter, Indonesian news agency Antara reported.

Roeslani said that at the meeting, President Prabowo emphasised his zero tolerance for corruption and stated that if anyone is involved in corruption or creating problems, they can contact him directly.

At the same time, Indonesia pledged to cut red tape, creating favourable conditions for foreign investors to enter the market.

Indonesian Government data shows that in the first nine months of 2024, US investors injected 2.8 billion USD into Indonesia, making the US the fourth largest source of foreign direct investment (FDI) in the country during this period, behind China with nearly 5.8 billion USD./.

World

Malaysia commits to net zero emissions by 2050
World

Malaysia commits to net zero emissions by 2050

Malaysia has committed to achieving net-zero greenhouse gas emissions by 2050, positioning itself as a responsible global player in the fight against climate change despite contributing just 0.8% of global emissions.

Indonesia expands danger zone due to volcanic eruption
World

Indonesia expands danger zone due to volcanic eruption

The Centre for Volcanology and Geological Hazard Mitigation (VGDMC) of Indonesia reported on November 11 that the Lewotobi volcano in East Nusa Tenggara province has erupted again, spewing a column of ash up to 2.5 km towards the west and northwest.

Malaysia unveils new investment portal
World

Malaysia unveils new investment portal

Malaysia on November 7 launched a new investment portal, "InvestMalaysia," designed to serve as a one-stop gateway for investors seeking information about Malaysia, attract global investors, and strengthen the country's position as an investment destination.