Jakarta, June 24 -- Indonesia remains an attractive destination for foreign investment despite escalating geopolitical conflicts and market turmoil, according to Coordinating Minister for Economic Affairs Airlangga Hartarto.

While international friction has forced global investors to become deeply cautious, Hartarto noted on Wednesday that the Indo-Pacific-and Southeast Asia in particular-continues to stand out as a stable, profitable anchor for foreign direct investment.

"Peace always has a positive impact on the global outlook and the global economy," Airlangga said in his statement.

"Secondly, it will also improve the supply chain. These two things have a significant impact on the Indonesian economy," he added.

Airlangga pointed to...