Memorandum of Understanding to Decarbonize Indonesia

Memorandum of Understanding to Decarbonize Indonesia

Mitsubishi Heavy Industries, Ltd. (MHI) has signed a memorandum of understanding (MOU) with Indonesia’s Institut Teknologi Bandung (ITB) for the purpose of conducting joint research on clean energy solutions, aiming to enable the country in its decarbonization plans...
Indonesian Online Grocery HappyFresh Launches Supermarket Division

Indonesian Online Grocery HappyFresh Launches Supermarket Division

HappyFresh, an Indonesian online grocery company, has launched a store branch, HappyFresh Supermarket, to deliver groceries to customers across Southeast Asia (SEA). HappyFresh Supermarket will take advantage of HappyFresh’s current partnerships with supermarket...
Further Nationwide Regulations for Tuna Harvest in Indonesia

Further Nationwide Regulations for Tuna Harvest in Indonesia

The Indonesian government aims to set new strategies for its tropical tuna harvest in order to protect the wild stock in the country. The country has the highest annual tuna harvest globally. Indonesia caught an average of 628,000 metric tons of the fish between 2012...
136 Aquaculture Villages to be Established in Indonesia by End 2022

136 Aquaculture Villages to be Established in Indonesia by End 2022

The Indonesian government plans to establish a network of 136 villages dedicated to aquaculture by the end of this year, in a bid to spur the post-pandemic economic recovery by catering to global demand for farmed seafood. The country’s Ministry of Marine...
Indonesia to Develop USD 4 Billion Polysilicon Industry

Indonesia to Develop USD 4 Billion Polysilicon Industry

Indonesia has plans to establish a USD 4 billion polysilicon industry amid efforts to boost the production of solar panels. Polysilicon is a vital material for solar panels, and prices soared to a 10-year high in 2021, driving local solar firms to boost production of...
Indonesia Targets 33% Jump in Investment in 2022

Indonesia Targets 33% Jump in Investment in 2022

Indonesia recorded an FDI of IDR 454 trillion (USD 31.6 billion) in 2021, a 10% increase over the previous year. It aims to boost total investment by a third in 2022, bolstered by an influx of investment into its resource-processing sector. The country’s goal is...
Indonesia to Get 50 New Warships by 2024

Indonesia to Get 50 New Warships by 2024

Indonesia has revealed that a portion of its planned $125 billion investment in defense will go to procuring up to 50 new warships over the next two years. Defense Minister Prabowo Subianto said that the Indonesian government is now focusing on increasing the...