Indonesia Passes Omnibus Law to Incentivize Investment and Jobs

Indonesia Passes Omnibus Law to Incentivize Investment and Jobs

The Indonesian government has just revised more than 70 existing laws and regulations in an effort to create jobs, spur investments, reduce red tape, and improve bureaucratic efficiency. The new law touches on various areas including reducing obstacles to doing...
Companies Join Hands for Transit-Oriented Developments in Indonesia

Companies Join Hands for Transit-Oriented Developments in Indonesia

Sinar Mas Land and Mitbana (a joint venture fund management company of Mitsubishi and Surbana Jurong) have entered into a strategic partnership to build transit-oriented developments (“TODs”) in Bumi Serpong Damai (BSD) City, Indonesia. Sinar Mas is a leading...
Honeywell to Provide Technology to Pertamina for Advanced Biofuels

Honeywell to Provide Technology to Pertamina for Advanced Biofuels

PT Pertamina will use Honeywell UOP technologies to produce advanced biofuels at its Plaju and Cilacap refineries in Indonesia. The UOP Renewable Jet Fuel Process technology will be used at its Plaju refinery in Palembang, South Sumatra, and the UOP Ecofining...
Indonesia Could Become a Manufacturing Hub for COVID-19 Vaccine

Indonesia Could Become a Manufacturing Hub for COVID-19 Vaccine

Indonesia could become a vaccine production hub for South East Asia in the near future, stated Wang Yi, China’s Foreign Minister, after a meeting with Luhut Pandjaitan, the Coordinating Minister for Maritime Affairs and Investment of Indonesia. As part of a...
Indonesia Launches Intelligence Hub to Counter Illegal Fishing

Indonesia Launches Intelligence Hub to Counter Illegal Fishing

The Indonesian Coast Guard has launched the Indonesian Maritime Information Center (IMIC) to tackle illegal fishing and other maritime violations in Indonesia by using high-quality surveillance data and analyses from different ministries and agencies. It will serve as...
Indonesian Air Force Launches New Cyber Unit

Indonesian Air Force Launches New Cyber Unit

The Indonesian Air Force has created a new Cyber Unit to confront potential cyberattacks or threats of cyber warfare. The Cyber Unit, established under the Air Force’s security and encryption agency, is tasked with preventing and responding to cyberattacks against the...
Indonesia to Develop New Plantations in Borneo

Indonesia to Develop New Plantations in Borneo

The Indonesian government plans to expand a national “food estate” program centered in Borneo, by establishing millions of hectares of new crop plantations. The program’s aim is to help secure domestic food supplies and decrease Indonesia’s reliance on food...
Suntech’s New 500-MW Solar Factory to Double Capacity

Suntech’s New 500-MW Solar Factory to Double Capacity

Suntech, a Chinese producer of solar panels, announced the launch of its 500 MW high-efficiency integrated PV cell and module manufacturing project in Indonesia, making available solar modules for customers in the US and Indonesia. The plant’s annual capacity is...
Mastercard Builds Alliance to Digitalize Retail Supply Chains in Asia

Mastercard Builds Alliance to Digitalize Retail Supply Chains in Asia

Mastercard has formed an alliance with N-Frnds, SGeBIZ and Finastra, with support from the Asian Development Bank (ADB), to create technology solutions for the retail supply chain and increase wholesalers’ access to credit in Asia. The collaborative solution would...
Chinese Firm Invests in Lithium Battery Production in Indonesia

Chinese Firm Invests in Lithium Battery Production in Indonesia

China’s Contemporary Amperex Technology (CATL) has invested USD 2.6 billion in building the largest lithium battery production facility in Indonesia. This is in line with Indonesia’s efforts to develop the downstream industry as the country banned exports of nickel...