China FDI Fell 12.7% YoY to CNY 506.58 bn in Jan–Aug 25

MACROECONOMY 
China FDI Fell 12.7% YoY to CNY 506.58 bn in Jan–Aug 25 
China’s FDI declined 12.7% YoY to CNY 506.58 bn in Jan–Aug 25 amid global economic uncertainty. The services sector attracted CNY 336.16 bn, while manufacturing drew CNY 129.03 bn. High-tech industries remained resilient with CNY 148.28 bn, led by e-commerce services (+169.2% YoY), aerospace & equipment manufacturing (+37.5% YoY), chemical & pharmaceutical (+23.2% YoY), and medical equipment (+19.2% YoY). By source, investment rose from Japan (+58.9% YoY), Switzerland (+37.2% YoY), UK (+24.5% YoY), and Singapore (+1.8% YoY). (Trading Economics)

INDUSTRY 
Ministry of Energy and Mineral Resources (ESDM) Suspended 190 Mining Firms 
ESDM, through the Directorate General of Energy and Mineral Resources (Minerba), issued letter T-1533/MB.07/DJB.T/2025 on 18 Sep25 imposing a temporary suspension of mining activities on 190 companies. This sanction followed three prior administrative warnings that were not resolved and is based on PP 78/2010 on Reclamation and Post-Mining and Permen ESDM 26/2018 on Good Mining Practice. The suspension may last up to 60 calendar days but can be lifted once companies submit and obtain approval for their Reclamation Plans and place the required Reclamation Guarantees by 2025. (bawahtanah.co.id) 

COMPANY 
Petrosea (PTRO) Signed Non-Binding Term Sheet to Acquire Majority of Scan-Bilt Pte. Ltd. 
On 19 Sep-25, PTRO signed a non-binding term sheet with the shareholders of Singapore-based Scan-Bilt Pte. Ltd. (SBPL) to acquire a majority stake. SBPL is engaged in plant civil engineering construction and maintenance work for chemical processing and onshore oil & gas industries. Management stated the acquisition formed part of PTRO’s diversification strategy to expand its business hub across Singapore, Papua New Guinea, and Indonesia. (Kontan)