DP World is gearing up to initiate activities at Indonesia’s Belawan New Container Terminal (BNCT) following the signing of an agreement with the Indonesia Investment Authority (INA) and Pelindo aimed at overseeing terminal operations and initiating a...
Home Credit Indonesia, a tech-based financing firm, has commenced a collaborated with FPT Smart Cloud, a Vietnamese artificial intelligence (AI) solutions and cloud services provider, in a strategic partnership aimed for AI advancement in their business. This...
In July 2023, Smart Fertility Clinic inaugurated a new branch at Primaya Evasari Hospital in Central Jakarta. This marks the third branch of the expansion, following Primaya IVF Makassar and Smart Fertility Clinic North Bekasi. Smart Fertility Clinic operates under...
Alba Group, the Germany-based materials, recycling, and environmental services company, is investing around EUR 55 million (USD 60 million) in developing a new PET waste processing facility in Kendal Industrial Park (KIP) in Central Java. Alba Group Asia’s...
GreenFire Energy Inc., a geothermal energy development company based in the US, and PT Medco Power Indonesia have inked an agreement to collaborate on future geothermal projects to meet the Indonesian government’s Net Zero Emissions target of 2060. GreenFire...
The Indonesia Investment Authority (INA), Indonesia’s sovereign wealth fund, and British International Investment (BII), the UK’s development finance institution (DFI) and impact investor announced a strategic partnership aimed at fostering sustainable...
Indonesia is working to expand defense cooperation with France to include not just military equipment sales but also knowledge transfer, cooperative development, and joint manufacturing of defense equipment. During a meeting between the Foreign Ministers and Defense...
Israel’s food technology businesses are exploring new opportunities in majority-Muslim markets. In particular, food producers in the Jewish state are preparing halal-certified products for devout Muslims as they seek to expand in the ASEAN region, including...
SEG Solar, a US-based solar module manufacturer, and PT Kawasan Industri Terpadu Batang (KITB), an Indonesian state-owned company that operates as an industrial area supervisor, have announced a binding agreement for the lease of approximately 41 hectares of land in...
Indonesia is expanding tuna farming to improve its aquaculture sector and advance sustainability practices. Indonesia captures the most tuna of any country, accounting for around 16% of the world’s total tuna supply. However, exploitation of wild tuna in...
The Indonesian Air Force (TNI-AU) has revealed that it signed a EUR 733 million (USD 793.14 million) contract to acquire the Qatar Emiri Air Force’s (QEAF’s) fleet of 12 Dassault Mirage 2000 fighters, consisting of nine single-seat Mirage 2000-5EDA and...
Indonesia is ready to build its new capital, Nusantara, and the country’s parliament budget committee has recently granted an additional IDR 15 trillion (USD 1 billion) to expedite the project. The additional IDR 15 trillion is on top of the IDR 22 trillion (USD...
