Presidential Regulation Number 112/2022 was officially issued by the President of Indonesia in late September. The new regulation, referred to as the ‘Acceleration of Renewable Energy Development for the Provision of Electricity’, aims to attract more investors to...
A digital banking service was launched by an Indonesian e-commerce company called Bukalapak after tying up with Standard Chartered in Indonesia. Its target audience is the country’s underbanked segment and Bukalapak’s users. According to a statement made on September...
PT Vale Indonesia (PT Vale) and Zhejiang Huayou Cobalt Company (Huayou) are planning to collaborate to develop a smelter with High-Pressure Acid Leaching (HPAL) technology in Sulawesi island, Indonesia. The agreement for the same was signed by the two parties on...
The gaming company Shanghai Moonton Technology Co. Ltd. Partnered with global branded payments provider Blackhawk Network to launch the gaming company’s first physical gift cards for the gaming app Mobile Legends: Bang Bang (MLBB) in Indonesia. With over 1 billion...
Indonesia and Japan entered into a USD 138.2 million worth of palm kernel shells trade contract for Indonesia’s renewable energy requirements. The agreement was signed on September 28, 2022, during a meeting which was part of a series of trade missions referred to as...
Mazaraat Artisanal Cheese, the Indonesian handmade cheese brand, is building a second factory, which will quadruple its daily output. The founder, Jamie Najmi, stated that they planned to subsequently enter more Asia Pacific markets from 2023 to 2024. The factory...
Dirgantara Indonesia, a state-owned aerospace company, and Unity Accipiter Corporation (UAC), a Unity Resources Group subsidiary located in California, have signed a general operating agreement to provide maintenance, repair, and overhaul (MRO) services for the...
Japanese Toshiba Energy Systems & Solutions (ESS) Corporation, through its Indonesian subsidiary, Toshiba Asia Pacific Indonesia, announced a deal with PT Geo Dipa Energi. The agreement is for an IoT service to boost the utilization rate of its Patuha geothermal...
Indonesia holds around 40% of the world’s geothermal energy reserves. With the correct investment strategy, Indonesia might boost its sector activities and create geothermal-based green hydrogen and ammonia. Some related projects, such as Pertamina Geothermal...
South Korean cosmetics businesses are battling established Western and Japanese rivals in Indonesia, a country increasingly enthralled with the worldwide Korean cultural wave. Almost 100 beauty firms, mainly from South Korea and Indonesia, are participating in Krista...
Indonesia and Singapore plan to collaborate on a study of carbon collected and stored by coastal and marine ecosystems. The blue carbon project’s findings might help Indonesia determine how much carbon dioxide it can absorb and yet fulfill its emission reduction...
The Indonesian government is working on a multi-year program to increase sorghum and corn production to ensure food supply and as an alternative to wheat, as the Ukraine conflict has hampered global wheat imports. Indonesia’s primary food is rice, but it is one...
