The Vietnamese Government has introduced new incentive packages to stimulate investments in hi-tech parks. Decree No. 10/2024/NĐ-CP stipulates that hi-tech parks will receive investment incentives equivalent to those granted to regions facing extremely challenging...
Synspective, a Japanese Synthetic Aperture Radar (SAR) satellite data and analytics solution provider, recently entered into an agreement with the National Remote Sensing Department (NRSD) of the Ministry of Natural Resources and Environment of Vietnam and Fujitsu...
Entobel, a Singaporean specializing in the production of functional insect protein for animal and plant nutrition, recently inaugurated a new black soldier fly (BSF) production plant in Ba Ria Vung Tau province of Vietnam, which is also the largest of its kind in...
Chateraise, a Japanese confectionery company, just announced plans to aid local cacao production and strengthen the chocolate supply chain. This initiative aims to enhance production and sales in Indonesia, capitalizing on the expanding middle class’s appetite...
Lesaffre, a French manufacturer specializing in fermentation and microorganisms, recently inaugurated its latest venture in Indonesia: a new manufacturing facility dedicated to the production of compressed and dry yeast. The new facility supplements the existing...
Recce Pharmaceuticals Limited, known for its innovative synthetic anti-infectives, recently signed a Memorandum of Understanding (MoU) with PT Etana Biotechnologies (Etana), a leading biomedical organization in Indonesia. This collaboration aims to speed up the...
The Railways Strategic Business Group of L&T Construction has recently won a contract to build the Jakarta Mass Rapid Transit (MRT) Project (Phase 2A) for MRT Jakarta. This contract marks L&T’s first EPC Railway Systems Order in the ASEAN region and...
Singaporean fintech Helicap Pte Ltd and PT Bank Danamon Indonesia Tbk (Danamon) recently unveiled a strategic alliance geared towards bolstering the fintech and alternative lending sector in Indonesia. This partnership seeks to establish the two entities as a...
SUEZ, a leading player in water management, recently signed a contract for the Buaran III Water Treatment Plant (WTP) project in Jakarta. The Group will supply key equipment for the water treatment process and provide technical advisory services for installing and...
Italian energy company Eni SpA has presented its proposed expansion of natural gas operations to the Indonesian government and concurrently inked an agreement with the energy ministry for collaborative efforts in energy transition. In a recent meeting with the...
Indonesia has introduced fresh incentives to stimulate the sales of domestically manufactured and imported electric vehicles (EVs), aiming at promoting eco-friendly automobiles and attracting investments to bolster its domestic EV sector. These incentives, outlined in...
Texelis, a French vehicle chassis manufacturer, and Sentra Surya Ekajayais (SSE), an Indonesian vehicle manufacturer, have collaborated to design an armored personnel carrier (APC) for the Indonesian National Armed Forces. As per Texelis’ press release, the...
