In July 2023, LG Electronics Inc., the South Korean household appliance giant, launched its inaugural international research and development (R&D) center in Indonesia. The objective is to expedite TV manufacturing and sales across Asia. Situated in Cibitung, the...
DP World is gearing up to initiate activities at Indonesia’s Belawan New Container Terminal (BNCT) following the signing of an agreement with the Indonesia Investment Authority (INA) and Pelindo aimed at overseeing terminal operations and initiating a...
Home Credit Indonesia, a tech-based financing firm, has commenced a collaborated with FPT Smart Cloud, a Vietnamese artificial intelligence (AI) solutions and cloud services provider, in a strategic partnership aimed for AI advancement in their business. This...
In July 2023, Smart Fertility Clinic inaugurated a new branch at Primaya Evasari Hospital in Central Jakarta. This marks the third branch of the expansion, following Primaya IVF Makassar and Smart Fertility Clinic North Bekasi. Smart Fertility Clinic operates under...
Alba Group, the Germany-based materials, recycling, and environmental services company, is investing around EUR 55 million (USD 60 million) in developing a new PET waste processing facility in Kendal Industrial Park (KIP) in Central Java. Alba Group Asia’s...
GreenFire Energy Inc., a geothermal energy development company based in the US, and PT Medco Power Indonesia have inked an agreement to collaborate on future geothermal projects to meet the Indonesian government’s Net Zero Emissions target of 2060. GreenFire...
The Indonesia Investment Authority (INA), Indonesia’s sovereign wealth fund, and British International Investment (BII), the UK’s development finance institution (DFI) and impact investor announced a strategic partnership aimed at fostering sustainable...
Indonesia is working to expand defense cooperation with France to include not just military equipment sales but also knowledge transfer, cooperative development, and joint manufacturing of defense equipment. During a meeting between the Foreign Ministers and Defense...
Israel’s food technology businesses are exploring new opportunities in majority-Muslim markets. In particular, food producers in the Jewish state are preparing halal-certified products for devout Muslims as they seek to expand in the ASEAN region, including...
A distributorship agreement (DA) has been concluded between LKL International Bhd (LIB), a Malaysian medical products manufacturer and two foreign medical devices suppliers, SECA GmBH & Co KG (SECA) and Meditop Corporation (Malaysia) Sdn Bhd (MCSB). The deals were...
Alibaba Group’s digital technology and intelligence arm, Alibaba Cloud has announced plans to collaborate with more Malaysian companies across a range of sectors to adopt Energy Expert, an AI-driven sustainability solution. Alibaba’s Energy Expert solution is...
Rothman and Roman, a Europe-based international strategic communications company has revealed that Malaysia is among countries in the region to see increase in foreign direct investment (FDI) from central and eastern European (CEE) countries. The study, which involved...
