Singapore maintains its position as the largest investor in Indonesia. In 2024, the total investment reached US$20.1 billion.

JAKARTA: The government is racing to file the necessary paperwork to complete the extradition process against Paulus Tannos, an Indonesian businessman and graft suspect, who was apprehended in Singapore last week.

SINGAPORE – A businessman wanted by the authorities in Indonesia over his alleged involvement in a corruption case there has been arrested by Singapore’s Corrupt Practices Investigation Bureau (CPIB). Through his lawyers, Paulus Tannos said during his court mention on Jan 23 that he has a diplomatic passport from West African country Guinea-Bissau.

The Speaker of the Indonesian House of Representatives (DPR), Puan ​​​​​​​Maharani, speaks during a press conference after a meeting with the Speaker of the Parliament of Singapore, Seah Kian Peng, in Jakarta on January 24, 2025 . (ANTARA/Melalusa Susthira K.)

Kolkata: Singapore-based Bengali industrialist Prasoon Mukherjee wants to set up 3 lakh affordable housing units in Indonesia. He was part of a bilateral meeting between India and Indonesia during the recent visit of Indonesian President Prabowo Subianto to New Delhi.

A large portion of the investments that Indonesia registered in 2024 came from foreign investors, particularly those coming from Singapore.

JAKARTA] Chinese automakers drove a huge surge in Indonesia’s electric vehicle (EV) sales last year, more than doubling to a record 43,000 units and this is set to keep growing in 2025 with solid sales tax incentives for local production,

Paulus company was awarded the contract to produce 44 percent of the e-ID cards under a project valued at Rp 5.9 trillion.

Indonesia and India will discuss boosting defence ties, including a potential deal to sell Russian-Indian supersonic cruise missiles to Jakarta, during the Indonesian president's visit to New Delhi this week,

Indonesia's Ministry of Law is in the process of completing the documents needed for the extradition of corruption fugitive Paulus Tannos or Thian Po

The SGX candidates were earlier keen on US listing but now reconsidering Singapore. Read more at straitstimes.com.

The government has until March 3 to submit a formal extradition request against Paulus Tannos, an Indonesian businessman named suspect in the multitrilltion-rupiah e-ID corruption case, who fled to Singapore.