Sign up | Log in



Home  >>   Daily News  >>Indonesia>>Investment>>US investors call on Indonesia to resolve regulatory issues
NEWS UPDATES Asean Affairs    August 2,  2017  

US investors call on Indonesia to resolve regulatory issues

Senior vice president and regional managing director of the US-ASEAN Business Council Michael W. Michalak has said that the United States was concerned about relations between the Indonesian government and the private sector.

He said US investors called on the Indonesian government to resolve several issues, including those related to investment barriers in the oil and gas sector, the payment sector and the digital economy.

“We mainly talked about investment that, we think, really has good potential as long as we can resolve some regulatory issues,” said Michalak after meeting with Coordinating Maritime Affairs Minister Luhut Pandjaitan in Jakarta on Tuesday.

He praised Luhut, saying that the “senior minister was very forthcoming” when Luhut said he would welcome any discussions with the private sector on investment issues.

Michalak said the US considered ASEAN as one of the growth engines of the economy.

In April, US Vice President Mike Pence and his Indonesian counterpart Jusuf Kalla celebrated more than US$10 billion worth of trade and investment agreements, which they said demonstrated the strength of the US-Indonesia economic ties.

Indonesia pocketed Rp 165.8 trillion (US$12.5 billion) in investments in the first quarter of the year, or 24.4 percent of the 2017 investment target of Rp 678.8 trillion, the Investment Coordinating Board (BKPM) announced in April.

The figure is a 13.2 percent increase from the Rp 146.5 trillion in investments recorded in the same quarter last year.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories                          August 2, 2017 Subsribe Now !
• US investors call on Indonesia to resolve regulatory issues Subcribe: Asean Affairs Global Magazine
• Gov't eyes revenue-to-GDP ratio of 18% by 2022
Investing haj fund in infrastructure is more profitable
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• Security Bank net income up 32% in Q2
• Foreign interference in Singapore politics, elections 'cannot be underestimated'
Asean Analysis                  July 31,  2017
• Asean Analysis July 31, 2017
A Dramatic Year Fails to Smooth the South China Sea
Advertise Your Brand

Asean Stock Watch   August 1 2017

• Asean Stock Watch-August 1, 2017
The Biweekly Update
• The Biweekly Update  July 31, 2017

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2017 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand