Italy is in negotiations with Indonesia for the sales of two of its new PPA multi-purpose patrol vessels, an Italian minister reported to the Defense News. To expedite delivery, the ships to be sold would be among those currently being built for the Italian Navy. The...
Food company Bella Bulgaria and Indonesian firm Garuda Mitra Utama (GMU) signed a cooperation agreement during the Indonesia-Europe Business Forum in Jakarta. The Bulgarian-Indonesian investment is worth USD 72 million in total. USD 34 million will be destined to raw...
The Lenzing Group, a global manufacturer of specialty cellulose fibers for the textile and nonwoven sectors, has gained EU Ecolabel accreditation for its fibers manufactured in Indonesia. This recognition signifies that Lenzing fibers manufactured in Purwakarta (PT...
The Nusantara Capital City Authority (OIKN) is collaborating with Finland’s Smart City Innovation Cluster (SCIC) to build Indonesia’s new capital, Nusantara, a smart city. According to OIKN’s Deputy for Green and Digital Transformation, the...
Industrial Scientific, a global leader and innovator in full-service gas detection programs that automate safety workflows, has signed a Memorandum of Understanding (MoU) with Pertamina Drilling Services Indonesia (PT PDSI) for gas detection technology equipped with...
The Coalition for Epidemic Preparedness Innovations (CEPI) and Bio Farma, the only local vaccine manufacturer in Indonesia, have entered a 10-year partnership to boost the rapid manufacturing of outbreak vaccines in the Southeast Asian country. The collaboration will...
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and PLN Nusantara Power (PLN NP) have signed an agreement to develop Phase II of the Cirata floating photovoltaic (FPV) power plant in Indonesia by up to 500 megawatt (MW), in a major...
The Indonesian government is partnering with the Japan Bank for International Cooperation (JBIC) to develop additional renewable energy capacity in the Southeast Asian country. The parties identified potential actions for the Indonesia-Japan Cooperative Energy...
Flying Tiger Copenhagen, a Denmark-based retailer, is expanding its Southeast Asian development by launching its first physical stores in Indonesia and the Philippines. The company has recently inked a franchise deal with SSI Group to open its first shop in the...
Aiming to expand its corporate footprint in Indonesia, France is putting industrial collaboration at the core of its economic ties with the Southeast Asian country. According to the French Ambassador to Indonesia, bilateral connections are strong, notably in trade and...
Submarine Manufacturing and Products Ltd. (SMP), a leading UK-based manufacturer and diving and subsea rescue solutions, will provide its new Submarine Rescue System (SRS) to the Indonesian Navy. The SRS will be hosted on a mothership designed by independent design...
Private equity firm Growtheum Capital Partners just announced a strategic partnership with PT ABC Kogen Dairy. KIN Dairy is a vertically integrated dairy manufacturer producing yogurt and milk products under the brand “KIN” and also operates one of the largest and the...
