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...
On April 19, MGI, a world-leading life science company, announced partnership with Nalagenetics (NALA). The aim of the partnership is to co-develop low coverage whole genome sequencing for risk prediction and pharmacogenomics through optimizing Next Generation...
PT Ace Hardware Indonesia Tbk (ACES), a retail company of Kawan Lama Group, launched its new outlet last week in Karawaci, Tangerang. Helen Tanzil, Corporate Security of ACES, mentioned that the new store is ACES’ seventh outlet introduced since the beginning of the...
On April 28th, PT Vale Indonesia and Zhejiang Huayou Cobalt Company Limited signed a Framework Cooperation Agreement (FCA) to develop a High-Pressure Acid Leaching (HPAL) processing facility in Pomalaa, Kolaka. The main points agreed upon by the two parties, relating...
Thales announced a strategic alliance with an Indonesian firm, PT Len Industri, for future collaboration on a wide range of defense-related themes. According to Thales, the cooperation on these themes corresponds with Indonesia’s ambition to modernize and...
Etihad Credit Insurance (ECI), the UAE Federal export credit company, and its Indonesian counterpart PT Reasuransi Indonesia Utama (Persero) or Indonesia Re have signed a reciprocal reinsurance agreement to bolster their bilateral trade and expand their collaborative...
PT Pertamina, Indonesia’s state-owned energy firm, plans to double its geothermal capacity from 700 MW by 2027-2028. The plan, which aims to lessen the country’s reliance on fossil fuels, will cost around USD 4 billion. The Indonesian government is eager...
PT PERTAMINA (Pertamina), Osaka Gas Co., Ltd. (Osaka Gas), JGC Holdings Corporation (JGC), and INPEX CORPORATION (INPEX) announced that they have entered into a joint study agreement on exploring the feasibility of clean natural gas and liquefied natural gas (LNG)...
In the season of Ramadan this year, Burger King Indonesia has collaborated with GoFood, a food delivery platform, to bring together F&B companies to facilitate bukber (break fast) for Indonesians. Indonesians can now buy meals from F&B partners, such as...
According to Deal Street Asia, PT Saratoga Investama Sedaya Tbk, a publicly listed Indonesian investment company, is now in talks to sell its stake in Primaya Hospital ahead of the latter’s possible initial public offering (IPO) in 2022. Primaya Hospital owns and...
