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...
American food and beverage company PepsiCo is reportedly making a comeback in Indonesia with the construction of a snack factory in West Java. This move follows its separation from its local partner two years ago. The new factory, part of PepsiCo’s USD 200...
In August 2023, a high-ranking Indonesian official revealed that Tesla, the American electric vehicle (EV) maker, intends to invest in battery material production within Indonesia. Luhut Binsar Pandjaitan, the Coordinating Minister of Maritime and Investment Affairs,...
As part of its 2024 budget, Indonesia has committed IDR 40.6 trillion, which amounts to USD 2.7 billion, for the development of its new capital city. According to government ministers, construction is progressing rapidly, with the presidential office and a dozen...
Indonesian telecommunications company Telkomsel and Ericsson have recently renewed their partnership to expand and fortify their 4G/5G networks in Indonesia. Ericsson, known for its energy-efficient 5G Radio Access Network (RAN) solutions from the Ericsson Radio...
International trade and investment are essential to Indonesia’s economy. It has been recently reported that the government has prioritized the establishment of special economic zones (SEZ), intending to attract more than USD 50 billion in foreign investment over...
Four international renewable energy firms recently announced their collective intent to investigate prospects for manufacturing solar panel components and energy storage systems in Indonesia. The companies involved include Vena Energy, headquartered in Singapore,...
The National Research and Innovation Agency (BRIN) is in the process of formulating a strategy to facilitate the establishment of nuclear power plants in Indonesia. The Deputy for Development Policy at BRIN recently emphasized the potential of nuclear energy to...
