Malaysia will produce its own lab-grown meat by 2025, thanks to domestic company Cell AgriTech Sdn Bhd, which is building the country’s first cultivated meat production facility in Penang worth MYR 20 million (USD 4.4 million). The plant is set to be completed by the...
The Changi Airport Group (CAG), in collaboration with Accenture, has unveiled a metaverse experience called ChangiVerse, a fresh way for new audiences to connect with Singapore Changi Airport and explore its notable sights in the digital space. ChangiVerse is the...
The United States and Indonesia have signed a strategic agreement to assist the Southeast Asian country develop its nuclear energy program by deploying small modular reactor (SMR) technology. The agreement furthers the aims of the Just Energy Transition Partnership...
Dutch sustainable materials specialist Solinatra and Indonesian company ATMI IGI have opened a new Center of Excellence in Surakarta, Indonesia. The Solinatra-ATMI Center of Excellence is an educational institution aiming to support Indonesia’s shift from...
The Indonesian government has revealed that the country has received IDR 328.9 trillion (USD 22.4 billion) in investment in the first quarter (Q1) of 2023. Indonesia targets to attract USD 94.5 billion in investment in 2023. The country has presently met 23.5% of its...
Spanish unmanned aerial vehicles (UAVs) designer and manufacturer Alpha Unmanned Systems (AUS) has entered a licensed manufacturing agreement with Indadi Venyro of Indonesia to expand its reach in Southeast Asia. Under the arrangement, the Indonesian company will...
Multinational pharmaceutical company Natco Pharma Ltd has received approval for the establishment of a subsidiary in Indonesia. The company plans to invest up to USD 3 million in this venture, primarily focusing on distributing pharmaceutical products within the...
American IT company Equinix, Inc. and Indonesian conglomerate PT Astra International Tbk (Astra) have announced a joint venture to develop Indonesia’s digital infrastructure. The joint venture will be established with Equinix holding a 75% equity stake and Astra...
Indonesian Minister of Finance Sri Mulyani Indrawati and US Secretary of the Treasury Janet Yellen have signed the Indonesia Infrastructure and Finance Compact, amounting to USD 698 million. The Compact is a bilateral agreement between the Government of Indonesia and...
Intermap Technologies, a global pioneer in 3D geospatial products and intelligence solutions from Colorado, has announced a deal to offer 3D digital elevation models (DEMs) to a prominent agricultural firm in Indonesia to decrease crop loss. The agriculture industry...
PT ACE Hardware Indonesia Tbk (ACES), a company owned by conglomerate Kuncoro Wibowo and part of the Kawan Lama Group, has inaugurated five new stores in the first quarter of 2023, and it plans to open an additional 10 to 15 outlets by the end of the year. The new...
PT Chandra Asri Petrochemical Tbk (Chandra Asri), Indonesia’s largest petrochemical company, and Indonesia Investment Authority (INA) have signed a Memorandum of Understanding (MoU) to jointly develop a large-scale chlor-alkali plant in Indonesia. INA, along...
