Spanish unmanned aerial vehicles (UAVs) designer and manufacturer Alpha Unmanned Systems (AUS) has entered a licensed manufacturing agreement with Indadi Venyro of Indonesia to expand its reach in Southeast Asia. Under the arrangement, the Indonesian company will...
Multinational pharmaceutical company Natco Pharma Ltd has received approval for the establishment of a subsidiary in Indonesia. The company plans to invest up to USD 3 million in this venture, primarily focusing on distributing pharmaceutical products within the...
American IT company Equinix, Inc. and Indonesian conglomerate PT Astra International Tbk (Astra) have announced a joint venture to develop Indonesia’s digital infrastructure. The joint venture will be established with Equinix holding a 75% equity stake and Astra...
Indonesian Minister of Finance Sri Mulyani Indrawati and US Secretary of the Treasury Janet Yellen have signed the Indonesia Infrastructure and Finance Compact, amounting to USD 698 million. The Compact is a bilateral agreement between the Government of Indonesia and...
Intermap Technologies, a global pioneer in 3D geospatial products and intelligence solutions from Colorado, has announced a deal to offer 3D digital elevation models (DEMs) to a prominent agricultural firm in Indonesia to decrease crop loss. The agriculture industry...
PT ACE Hardware Indonesia Tbk (ACES), a company owned by conglomerate Kuncoro Wibowo and part of the Kawan Lama Group, has inaugurated five new stores in the first quarter of 2023, and it plans to open an additional 10 to 15 outlets by the end of the year. The new...
PT Chandra Asri Petrochemical Tbk (Chandra Asri), Indonesia’s largest petrochemical company, and Indonesia Investment Authority (INA) have signed a Memorandum of Understanding (MoU) to jointly develop a large-scale chlor-alkali plant in Indonesia. INA, along...
During the sixth Singapore-Indonesia Leaders’ Retreat held in March 2023, it was announced that Singapore and Indonesia are exploring cooperation in new areas such as tech talent and smart cities. This comes following the resolution of longstanding bilateral issues...
The Global Energy Alliance for People and Planet (GEAPP) has partnered with the Indonesian Ministry of Energy and Mineral Resources to hasten the country’s net-zero emissions goal by 2050. The GEAPP, a collaboration of entrepreneurs, governments, technological,...
To enhance its air defenses, the Indonesian Air Force, or TNI AU, has decided to replace its outdated radars. The Chief of Staff of the Air Force revealed that the Air Force and the government are engaged in discussions regarding the purchase of a new radar, though...
The Indonesian government has granted authorization for genetically modified organisms (GMO) wheat for human consumption, including Bioceres Crop Solutions Corp’s HB4 wheat. This wheat is now approved for usage in human consumption, going beyond its allowed...
SK Plasma, a subsidiary of SK Discovery, has announced plans to construct a blood products plant in Indonesia worth USD 250 million. The Indonesian Health Ministry has granted SK Plasma final approval for the development of a plasma fractionation facility, which will...
