Indonesia Speeds Up Infrastructure Development for New Capital

Indonesia Speeds Up Infrastructure Development for New Capital

Indonesia will speed up the infrastructure construction of its future capital city (IKN) Nusantara to attract more investors. Indonesian President Joko Widodo has ordered his Cabinet to complete existing infrastructure projects by 2024, and to prioritize permits for...
SEA Partners with BTI Defence to Bring Defense Technology to Indonesia

SEA Partners with BTI Defence to Bring Defense Technology to Indonesia

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 Plans USD 320 Million Incentives to Spur EV Sales in 2023

Indonesia Plans USD 320 Million Incentives to Spur EV Sales in 2023

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...
Indonesia Plans USD 320 Million Incentives to Spur EV Sales in 2023

Hyundai Signs Aluminum Supply Deal with Indonesia’s Adaro Minerals

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...
Indonesia’s Shrimp Exports to the US Reach USD 1.106 Billion

Indonesia’s Shrimp Exports to the US Reach USD 1.106 Billion

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...
Etana Launches Biopharmaceutical Manufacturing in Indonesia

Etana Launches Biopharmaceutical Manufacturing in Indonesia

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...