Jakarta – Deputy Chairman of the Indonesian MPR of the Democratic Party Edhie Baskoro Yudhoyono (Ibas) emphasized the importance of cooperation between the government, parliament and the Indonesian business sector and other countries, one of which was Singapore. It aims to improve the economy, with the hope that Indonesia could grow more than 5% -8% in the coming years. He underlined the golden opportunity for investment in Indonesia and how the country’s commitment was to support investor -friendly regulations. “Let me say thank you for the time, because I know that the entrepreneur counts every second, every minute is money. On this occasion, we not only want to discuss to get many opportunities, but also invite business members in Singapore to go to Indonesia and work together according to what SICC and Kadin did so far, ‘Ibas said in a written statement, Sunday (4/27/2025). Browse to continue with the content he delivered to deliver a speech during the visit and discussion directly with the Singapore International Chamber of Commerce (SICC), the oldest and independent trade room in Singapore, founded on Thursday (24/4) in 1837. “We think you all know that there is cadin in Indonesia, we are waiting for their arrival and we hope to work together a lot, collaboration, investment and trading programs that come to Indonesia and to Singapore,” he said. He then said that there are still many opportunities, although we face different challenges in the world, a cooperation between governments, parliament and business people between the two countries is needed. “Of course, as a member of parliament, we want to hold good conversations, not just between governments, managers, but from parliament to parliament and business to business, as well as the relationship between communities.” He said. On this occasion, Ibas, who is also currently serving as Deputy Chairman of the Kadin Advisory Board, explained how Indonesia’s expectations and big plans the economy was up to more than 5%. “Indonesia is also target and hopes that not just a few countries in Asean, we want to grow the economy of more than 5%, perhaps now in correction, in the next year or in the next few years, we hope to achieve 8% growth. That means there is a wonderful opportunity we need to do correctly and sustainably,” he explained. The people’s representatives of the Democratic Party realize that business competition is also not easy today, plus the development of technology in government and the business. Therefore, he wants to know what the future enterprise is seen by the Chamber of Commerce in Singapore (SICC) because so much work is needed. “Also for our young people. There are so many discharged because of technology, AI, not only in the banking sector, but also in the industry, producers and also small businesses,” he said. Ibas hopes this discussion and meeting can offer an idea, ideas, on what Indonesia needs, both regulatory and trading practices. He also emphasized that Indonesia’s commitment in welcoming business collaboration with Singapore through trade and investment. “Again, we are committed to welcoming Singapore’s business cooperation. We are doing more trade and investment. We are grateful that Singapore has invested in Indonesia of more than $ 20 billion. I think it will be the highest in all Asean regions and is quite large in Asia,” he said. At the end of his remarks, Ibas said that the great hope of Singapore would have a lot of investments in Indonesia and collectively develop a better Asean region, especially on the economic field. “We hope that although Singapore has more investment, Singapore will be an investment center in Indonesia. We just want you to know that our Indonesians can be trusted, our country is safe,” he said. He also emphasized that we continue to strive to increase the credibility and justice of law enforcement, including regulations and licensing that is problematic, so that there is no fear and confidence to invest in Indonesia. Our president also has a strong commitment to fighting corruption, to fight all bad behavior of business and policymakers. “Again, thank you. Let’s invest together, let us build together, and let us lead this area together to try Singapore, Indonesia, Asean, a better country,” he concluded. On the same occasion, 2nd Deputy Chairman Wong Joo Seng also welcomed the SICC board and delivered a positive response to what Ibas said. “The relationship between Indonesia and Singapore is very close, where it is good for one country, it is also beneficial to other countries. One of the most important encouragement we hope is a more investor -friendly policy, hoping for a clearer and legal required structure to facilitate singapore enterprises in Indonesia. developed quickly. ” says Wong Joo Seng. According to him, Indonesia, in terms of stability and predictability, has shown significant progress, with an increase that must be made gradually not to create problems for businesses. For information, on this event, Ibas was present with the delegation, several members of the DPR/MPR/DPD RI, including andreas Hugo Pareira, Mulyadi, Anton Sukartono Suratto, Abdul Bakri Haji Musa and Jialyka Maharani. ‘Also watch video: Singapore is still the largest investor in RI, followed by Hong Kong and China’ (Akn/Ega) HOEGENG Awards 2025 Read the inspiring story of the exemplary police candidate here
Sambangi SICC, IBAS offers a golden opportunity for Singapore’s investment in RI
