Nokia and Indosat Ooredoo Launch 5G Network in Indonesia

Nokia and Indosat Ooredoo Launch 5G Network in Indonesia

In September 2021, Finnish IT and consumer electronics company Nokia and Indonesian telecommunications provider Indosat Ooredoo announced the launch of commercial 5G services in Surabaya city. Nokia will supply equipment from its latest ReefShark based AirScale...
Indonesia Moving Forward with Plans for New Capital

Indonesia Moving Forward with Plans for New Capital

The president of Indonesia, Joko “Jokowi” Widodo, has just approved the government work plan (RKP) of 2022, which allocates over USD 32 million for the country’s new capital city project in East Kalimantan. Moreover, the President expects that basic facilities could...
E-commerce Firms in Indonesia Competing in the Groceries Segment

E-commerce Firms in Indonesia Competing in the Groceries Segment

The Institute of Grocery Distribution estimates that Indonesia has one of the biggest grocery markets in Asia, with a value expected to reach around USD 170 billion in 2022, up from USD 140 billion in 2019. The country is also projected to become the fourth-biggest...
Indonesia to Buy Five Transport Aircraft from Lockheed Martin

Indonesia to Buy Five Transport Aircraft from Lockheed Martin

In September 2021, the Indonesian Air Force (TNI-AU) confirmed plans to buy five Lockheed Martin C-130J Super Hercules tactical transport aircraft. Moreover, several newspapers reported that construction of the first aircraft is already underway. Industry sources...
Indonesia to Buy Five Transport Aircraft from Lockheed Martin

Indonesia Allocates USD 9.3 Billion for 2022 Defense Budget

The Indonesian government has revealed a 2022 defense budget of IDR 134.1 trillion (USD 9.3 billion). According to the Ministry of Finance, the number reflects a 12% increase compared with the allocation of IDR 120.1 trillion (USD 8.3 billion) for the 2021 budget. The...