Indonesia’s Newest Economic Zone Seeks USD 17 Billion Investments

Indonesia’s Newest Economic Zone Seeks USD 17 Billion Investments

Indonesia’s newest special economic zone expects to attract about USD 17 billion in investments, now that it is open to foreign investors and comes with a series of tax breaks. The Java Integrated Industrial and Port Estate, known as JIIPE, in East Java has already...
Indonesian Health Startup Prixa Secures USD 3 Million in Funding

Indonesian Health Startup Prixa Secures USD 3 Million in Funding

Indonesian Health Startup Prixa has just secured USD 3 million of funding from Telkom Indonesia’s MDI Ventures, Trans-Pacific Technology Fund and Siloam Hospitals Group. Since its founding in 2019, Prixa has raised a total of USD 4.5 million. The new funds will be...
Hitachi Strengthens Parts Remanufacturing Business in Indonesia

Hitachi Strengthens Parts Remanufacturing Business in Indonesia

Japan’s Hitachi Construction Machinery is establishing a new remanufacturing plant in Bekasi, east of Jakarta, to recycle components for medium-sized and large hydraulic shovels. Covering 900 square meters, Hitachi’s new plant will dismantle, clean, and...
Unilever Muslim Center of Excellence Launched in Indonesia

Unilever Muslim Center of Excellence Launched in Indonesia

Consumer goods manufacturer PT Unilever Indonesia has just launched its Uniliver Muslim Center of Excellence (Uniliver MCOE). The MCOE will be a research hub for halal products and innovations in line with the needs of Muslim consumers in Indonesia and abroad. As a...