UK defense technology company SEA has announced that it has signed a strategic partnership agreement with Indonesian defense procurement company BTI Defence, to provide the Indonesian Ministry of Defence and Navy access to maritime defense technology. The partnership...
Indonesia is considering spending USD 320 million in its 2023 budget to incentivize purchases of electric vehicles (EVs), as stated by Indonesia’s Industry Minister. According to the minister, purchasers of EVs manufactured in Indonesia may receive an IDR 80...
Cardiovascular diseases are among the leading causes of death in Indonesia. However, health facilities specializing in heart disease in Indonesia are primarily concentrated in major cities. To address this issue, the Indonesian Ministry of Health and the state-owned...
In November 2022, Hyundai Motor Company signed a deal with PT Adaro Minerals Indonesia Tbk, to secure a stable supply of aluminum, a key material required for electric vehicle manufacturing. The collaboration marks Hyundai Motor’s commitment to accelerating the...
On November 15th 2022, Indonesia signed a USD 20 billion agreement with international financial institutions and major nations to assist the country in increasing its utilization of clean energy and decreasing its dependency on coal. The agreements were a significant...
Indonesia exported 118 thousand tons of shrimp worth USD 1.106 billion to the US in the first nine months of 2022, as stated by the Maritime Affairs and Fisheries Ministry. According to Erwin Dwiyana, the Marketing Director at the Ministry’s Directorate General...
Vietnamese retail giant Mobile World Group (MWG) has launched its first brick-and-mortar location in Indonesia under the name Era Blue Electronic. This joint investment is between MWG and local distributor PT Erafone Artha Retailindo, a subsidiary of Erajaya Group....
Collins Aerospace and Indonesian state-owned aerospace company PT Dirgantara Indonesia (PTDI) have signed a deal to modify eleven C-130 military transport aircraft for the Indonesian Air Force as part of its Phase 2 rollout strategy. Collins will supply its Flight2TM...
Etana Biotechnologies established its biopharmaceutical manufacturing facility in Jakarta. Etana is involved in developing a variety of innovative therapeutics, like vaccines, cancer drugs, and other biological products. The new facility, which has the latest...
Valiram, a Malaysian retail business, has launched Indonesia’s first Salvatore Ferragamo store. The store, located in Plaza Indonesia, is part of Valiram’s expanding international network of stores under various licensed brands, including Victoria’s...
Poland is eyeing Indonesia’s railway sector, according to its diplomats and business officials. The Indonesian Railway Society (Maska) traveled to Poland last month for a meeting with Polish railway companies. Ten Polish railway businesses and organizations,...
Nokia and Moratelindo have deployed their optical transport solution to boost the network capacity to 3 terabytes (tb) in Jakarta and, 2 tb in Java Island, scaling the network beyond 24 tb, covering over 52,000km of fiber. The deployment will foster Moratelindo an...
