Garmin Ltd. will build its first manufacturing facility in Southeast Asia with a new factory in Thailand to produce smartwatches and GPS navigation devices. The project, approved by the Thailand Board of Investment, involves an investment of about USD 92.5 million by...
Sales of plant-based meat alternatives in Thailand are rising as prices fall and consumer interest in non-animal proteins increases. While markets in the United States and the United Kingdom have slowed, Thailand’s demand for plant-based proteins is expanding...
The Government of Saskatchewan has signed a Letter of Intent (LOI) with the Indonesian Chamber of Commerce and Industry (KADIN Indonesia) to strengthen cooperation in agri-food processing, value-added agriculture, and agricultural technologies, while promoting...
Indonesia’s state-owned defense company Pindad has partnered with German arms manufacturer Rheinmetall to advance ammunition technologies. According to the Indonesian Defense Minister, the collaboration will focus on developing ammunition production capabilities and...
October has brought notable developments for international companies operating or planning to operate in Indonesia. Through the Ministry of Investment and Downstream Industry Regulation No. 05/2025, the Indonesian government has lowered the minimum paid-up capital...
Pertamina, through its renewable energy subsidiary Pertamina New & Renewable Energy (Pertamina NRE), has partnered with Singapore LNG Corporation to develop Bio-LNG from palm oil waste. The agreement was formalized last October during the 50th ASCOPE Council...
Sirkular Karya Indonesia (SKI), a subsidiary of Impack Pratama Industri, has entered into a strategic partnership with Marubeni Indonesia and DNP Indonesia (DNP) to launch Indonesia’s first large-scale industrial initiative dedicated to transforming plastic waste into...
The Investment Management Agency of Daya Anagata Nusantara (Danantara Indonesia) has signed a Memorandum of Understanding (MoU) with South Korea’s SK Plasma Co. Ltd, a global leader in plasma-derived medicinal products (PDMPs) for rare and critical conditions, and its...
The Indonesian government has established a new partnership with the United Kingdom to enhance national cybersecurity and bolster the country’s digital resilience amid growing cyber threats, supporting Indonesia’s ongoing digital transformation efforts. The Indonesian...
Indonesia and Switzerland have formalized a Memorandum of Understanding (MoU) to enhance cooperation in infrastructure development, aligning with Indonesia’s “Indonesia Emas 2045” vision. The agreement, signed between Swiss MEM and the Indonesian Electricity Society...
Shell Indonesia and Tripatra, a leading Indonesian engineering, procurement, and construction (EPC) company, plan to commence construction of a Sustainable Aviation Fuel (SAF) refinery, known locally as bioavtur, in 2028. The project marks a significant milestone in...
Inspire Brands, the parent company of leading restaurant chains including Arby’s, Baskin-Robbins, Buffalo Wild Wings, Jimmy John’s, and SONIC, has named Jakarta-based PT Diamond Donuts Internasional (DDI) as the exclusive master franchisee for Dunkin’ in Indonesia....