American food and beverage company PepsiCo is reportedly making a comeback in Indonesia with the construction of a snack factory in West Java. This move follows its separation from its local partner two years ago. The new factory, part of PepsiCo’s USD 200...
In August 2023, a high-ranking Indonesian official revealed that Tesla, the American electric vehicle (EV) maker, intends to invest in battery material production within Indonesia. Luhut Binsar Pandjaitan, the Coordinating Minister of Maritime and Investment Affairs,...
As part of its 2024 budget, Indonesia has committed IDR 40.6 trillion, which amounts to USD 2.7 billion, for the development of its new capital city. According to government ministers, construction is progressing rapidly, with the presidential office and a dozen...
Indonesian telecommunications company Telkomsel and Ericsson have recently renewed their partnership to expand and fortify their 4G/5G networks in Indonesia. Ericsson, known for its energy-efficient 5G Radio Access Network (RAN) solutions from the Ericsson Radio...
International trade and investment are essential to Indonesia’s economy. It has been recently reported that the government has prioritized the establishment of special economic zones (SEZ), intending to attract more than USD 50 billion in foreign investment over...
My Myracle is the only postbiotics manufacturing company in Malaysia and Southeast Asia, focusing solely on plant-derived bacteria. Partnering with the University of Putra Malaysia, My Myracle utilizes non-heat-killed techniques to derive metabolites from live...
Mildef International Technologies (Mildef), a Malaysian private defense company has sealed a deal to provide 178 T Tarantula 4×4 High Mobility Armoured Vehicles (HMAV) to the Malaysian Armed Forces, with deliveries commencing from 2024. The Tarantula HMAV was...
The Ministry of Investment, Trade and Industry (MITI) announced that Malaysia has attracted a Foreign Direct Investment (FDI) of MYR 132.6 billion (USD 28.3 billion) in the first half of 2023 (H1 2023), achieving 60.3% of its annual goal. The nation observed a...
Malaysia is poised to introduce its Hydrogen Economy and Technology Roadmap, strategically aiming to secure investments in green hydrogen production and position itself as a top global green hydrogen exporter by 2027. This strategic move complements the initiatives...
The Malaysian Palm Oil Board (MPOB) and Petronas, Malaysia’s leading energy entity, have joined hands to assess the viability of repurposing used cooking oil and palm oil waste into sustainable aviation fuel. This collaborative effort is consistent with the...
Aqurate Ingredients Intl (M) Sdn Bhd, an LYC Healthcare Bhd arm that specializes in functional ingredients for the food & beverage, nutraceutical, pharmaceutical, and cosmeceutical industries, has inked a memorandum of understanding (MoU) with Bereum Co Ltd and...
Google Cloud is partnering with Malaysia Airports Holdings Bhd (MAHB) and Asia Mobiliti to cater to the growing need for sustainable, digital-first travel experiences in the country. This is in line with the projection for Malaysia’s digital travel sector to...
