The state-owned companies, Indonesian Power and PLN together did a feasibility study on Larantuka Traits conducted by UK’s tidal energy companies, SBS International and SBS Indonesia. The study took three-month to determine the feasibility of the tidal energy...
Chevron New Ventures Pte. Ltd. (Chevron) on behalf of Chevron Corporation and Indonesian state-owned company, PT Pertamina, have signed an agreement on new lower-carbon energy for Indonesia. The Indonesian government’s agenda behind the partnership is to support...
PT Jakarta Mass Rapid Transit (MRT) and Alsom, a global leader in sustainable solutions, signed a Memorandum of Understanding (MoU) to join hands and work on the development of future MRT network phases in Jakarta. In the initial phase, both parties plan to engage in...
PT Telkom Indonesia (Persero) Tbk and Microsoft have signed a strategic partnership agreement to accelerate Indonesia’s national digitalization, strengthen the country’s intelligent infrastructure, and enable the internal digital transformation of TelkomGroup. This...
Cargill, a global food corporation headquartered in Minneapolis, has extended the processing capabilities of its sweetener facility in Cikande, Indonesia, to more than double the company’s production capacity for organic, non-GMO tapioca syrup due to the robust...
Darktrace, a global leader in cyber security AI, announced that Bluebird Group, an award-winning Indonesian transportation company, has chosen Darktrace AI to intercept cyber-attacks autonomously. Bluebird Group, founded in 1972 and listed on the Indonesian Stock...
Official figures show that a historic spike in commodities prices and the easing of Covid-19 limits helped Indonesia’s economy grow for the fourth consecutive quarter between January and March. South East Asia’s largest economy increased 5.01% from January...
KPower Healthcare chief executive officer Muhamad Badzli Abu Bakar said the company hopes to conclude the deal for three to five of the hospitals this year. KPower Healthcare was just set up in 2019 and the progress has been quite limited due to the Movement Control...
Lamipak, one of the industry leaders in providing high quality products and solutions in aseptic packaging, breaks ground on the construction of a new packaging factory in Indonesia. With an investment of USD 200 million, the factory will not only be Lamipak’s first...
Indonesia’s vast archipelago has long been a problem for logistics companies, but it has no shortage of brave challengers. Jakarta-based Astro, which provides 15-minute grocery deliveries, recently closed a USD 60 million Series B financing round, raising its...
The Indonesian Investment Authority (INA) agreed to provide around 39 trillion rupiah (USD 2.7 billion) for toll roads on the islands of Java and Sumatra. The INA signed agreements with state construction firm Hutama Karya, to invest in three parts of the Trans...
Creatio, a global vendor of one platform, a service low-code solution for process management and CRM, today announced its partnership with PT. Hexaon Business Mitrasindo – a leading system integrator in the Indonesian market. Hexaon’s local market expertise paired...
