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...
Nickel Industries (NIC), an Australian company specializing in nickel pig iron production, has commenced the commissioning of its 380-megawatt (MW) power plant in the Indonesia Morowali Industrial Park (IMIP) in Central Sulawesi. The Oracle Nickel project is part of a...
The first-ever Long John Silver’s location in Indonesia has been inaugurated in Gading Serpong, serving as the brand’s global flagship store. The restaurant entered into a new partnership with local franchisee Cipta Putra Nusantara, with plans for a second...
Kerry, an Ireland-based food company, has officially inaugurated a taste manufacturing facility in Karawang, West Java, Indonesia. Spanning across 50,000 square meters, this facility represents a substantial expansion of Kerry’s portfolio in Southeast Asia,...
The Indonesia Investment Authority (INA), in partnership with Dubai Port World (DP World) from the United Arab Emirates (UAE), established a consortium named INA-DPWorld Investment Ltd (INA DPWorld). Together with Prima Terminal Petikemas Ltd (PTP), a subsidiary of...
The Cooperatives and Small and Medium Enterprises (SMEs) Ministry of Indonesia is partnering with South Korea to develop an ICT ecosystem aimed at enhancing the capabilities of local SMEs. This collaboration includes a focus on supporting the development of startup...
South Korean pharmaceutical company, GC Biopharma Co has obtained approval from the Indonesian Ministry of Health for the establishment of a blood products facility. The Indonesian government has been actively seeking business rights to domestically produce blood...
Indonesia’s dynamic coffee industry has recently witnessed some interesting developments. Tech-enabled coffee chain Flash Coffee recently closed its series B round totaling USD 50 million, which the company revealed it will use to expand deeper into Indonesia,...
