Jakarta explores film investment cooperation with Goldfinch

The Jakarta provincial government has signed a memorandum of understanding with Goldfinch International Ltd to strengthen the capital's film industry. The signing took place in Cannes, France, on 14 May.

The Jakarta provincial government has explored film investment cooperation with Goldfinch International Ltd. The memorandum of understanding between PT Jakarta Experience Board and Goldfinch was signed at the Jakarta Pavilion during Marché du Film in Cannes, France.

Jakarta Vice Governor Rano Karno expressed confidence that the cooperation will open new opportunities for film industry development and deliver significant economic impact for the city. The scope includes information exchange, talent development, infrastructure building, and policy studies on film incentives.

Goldfinch Chief Operating Officer Phill McKenzie said Jakarta holds strong potential to become a film hub in Southeast Asia and Asia. The London-based company has invested in more than 300 film titles with over 300 million US dollars in capital and has experience in Qatar and Thailand.

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President Prabowo Subianto shakes hands with US business leaders in Washington DC, inviting investments in Indonesia amid economic talks.
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Prabowo invites US business leaders to invest in Indonesia

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President Prabowo Subianto met with the US Chamber of Commerce (USCC), US-ASEAN Business Council (USABC), and US-Indonesia Society (USINDO) in Washington DC on February 18, 2026. He highlighted Indonesia's strong economic foundation, including no history of debt defaults, and invited investments amid political and economic stability. The meeting preceded the signing of the Agreement on Reciprocal Trade (ART) with the US.

Leader of Indonesia's Komisi VI DPR, Nurdin Halid, praised PT ANTAM and other state mining firms for positive performance amid 2025 global commodity price pressures. He highlighted mining's strategic role in mineral downstreaming. During a hearing on March 31, 2026, Nurdin urged stronger gold governance via cooperatives.

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South Korean President Lee Jae Myung and Indonesian President Prabowo Subianto agreed on April 1 in Seoul to elevate their bilateral ties to a special comprehensive strategic partnership and expand defense industry cooperation. They committed to strengthening resource supply chains amid Middle East war uncertainties. The two nations signed 10 memorandums of understanding.

Bank Indonesia Governor Perry Warjiyo emphasized the need to boost financial literacy amid rising digital risks like illegal online loans and scams. The statement was made at the AKSI KLIK event in Jakarta on March 6, 2026. Coordinating Minister Airlangga Hartarto also announced the formation of the National Financial Welfare Council to support public financial well-being.

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Investment Minister Rosan Roeslani announced that downstream sector investment in the first quarter of 2026 reached Rp147.5 trillion, or 29.6 percent of the national total. This figure grew 8.2 percent year-on-year, led by nickel.

President Prabowo Subianto received South Korea's highest honor, The Grand Order of Mugunghwa, from President Lee Jae Myung during his state visit to Seoul on April 1, 2026. The visit yielded MoUs worth $10.2 billion or Rp173 trillion in key sectors. The bilateral meeting strengthened strategic ties between the two nations.

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Film at Lincoln Center president Daniel Battsek is focusing on initiatives to draw younger cinephiles to foreign-language films amid a challenging U.S. box office. The annual Rendez-Vous With French Cinema showcase, which began on March 5, highlights contemporary French titles and fosters networking between filmmakers and distributors. Battsek notes growing enthusiasm among under-35 audiences despite post-pandemic hurdles for arthouse theaters.

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