Investment Minister/Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia has said that many foreign investors shy away from directly investing in .
Indonesia’s Capital Idea: New Regulation Encourages Investment In Nusantara. Legal News and Analysis - Indonesia - FDI, Labour & Employment, Regulatory & Compliance -
JAKARTA, Indonesia, Oct. 27, 2022 /PRNewswire/ The crypto asset industry in Indonesia is still the center of attention for many parties because of its development. Compiled from Commodity Futures Trading Regulatory Agency's (CoFTRA) latest data as of August 2022, crypto asset investors have penetrated 16.1 million customers, but on the other hand, the crypto asset industry is also experiencing a significant decline where the total transaction value in the period January to August 2022 was recorded at IDR 249.3 trillion, down by 56.35% compared to the same period in 2021. The decline in the value of crypto asset transactions since the beginning of 2022 is the impact of global economic conditions because the macroeconomic position was not good throughout the year due to the recession and challenges that caused the crypto asset industry to experience a bear market. According to the Founder & CEO of Bitocto, Milken Jonathan, the increase in interest rates from the Fed (the centra
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JAKARTA, Indonesia, Sept. 27, 2022 /PRNewswire/ The 2022 Indonesian Blockchain Conference (IBC) became part of the agenda of the G20 Indonesia Presidency sponsored by Reku, Gudang Kripto, Upbit, and Indodax successfully held again this year by the Indonesian Blockchain Association (A-B-I) on Thursday (15/09) which discussed 5 main topics, including Blockchain and Business Sustainability, Boosting ASEAN's Digital Economy with Blockchain, Adoption, and Optimization of CBDC, Metaverse & Web 3.0, and The Cusp of Crypto Innovation by presenting local and international experts in their fields, government institutions, industry leaders, and various supporting associations, including Ministry of Trade, Coordinating Ministry for Economic Affairs, National Research and Innovation Agency (BRIN), Blockchain Australia, Blockchain Association Singapore (BAS), ACCESS Blockchain Association Malaysia, Digital Pilipinas, and various global blockchain companies with a total of 1,227 participants