The Indonesian government has just unveiled a priority list aiming to lure investors with fiscal & nonfiscal incentives and the removal of restrictions on foreign investment. The priority investment list contains high-tech, pioneering, export-oriented,...
Indonesian PT Indika Energy Tbk. and India’s solar developer, Fourth Partner Energy, have formed a joint venture called PT Empat Mitra Indika Tenaga Surya (EMITS) to provide a renewable energy solutions platform for Indonesia’s commercial and industrial solar sectors....
Indonesia and Germany have launched a strategic partnership to develop green infrastructure in the South East Asian country. The initiative aims to reduce carbon emissions in urban areas across Indonesia. According to the agreement, Germany will provide EUR 2.5...
Microsoft has announced that it will launch its first datacenter region in Indonesia as part of its Berdayakan Ekonomi Digital Indonesia initiative. The datacenter will deliver trusted cloud services locally, with world-class data security, privacy and the ability to...
Maspion Group, Indonesia’s leading conglomerate, has recenlty signed a long-term agreement with DP World, the leading provider of smart supply chain logistics and its partner Caisse de dépôt et placement du Québec (CDPQ), a global investment group, to build an...
Asics, a shoe manufacturer from Japan, plans to move its factories from China to Indonesia. As part of its relocation plan, Asics will build four factories in Java island. Selected regions are Cirebon, West Java; Tegal, Central Java; Pemalang, Central Java. After...
Indonesia has announced that it will establish a new Health Special Economic Zone (SEZ) in the Sanur area of Bali. The area will be dedicated to medical tourism targeting elderly tourists. Out of the 41-ha SEZ, 21.2 ha will be set aside for a health tourism hub,...
The COVID-19 pandemic is having a positive impact on the e-grocery market in Indonesia. While currently valued at USD 1 billion, the market is estimated to reach USD 6 billion by 2025. The growth is supported by Indonesia’s demography and growing internet penetration...
The Indonesian Ministry of Agriculture recently signed an agreement with Microsoft to provide smallholder farmers with technology-oriented solutions such as cloud-based technologies, machine learning and advanced analytics. FarmBeats, a purpose-built,...
The Indonesian Ministry of Public Housing, in collaboration with the Korean Ministry of Environment, has launched a pilot project to upgrade the Flores Island water management system. Located in southeastern Indonesia, Flores Island is relatively underdeveloped and is...
TaniHub, an Indonesian e-commerce company that focuses on the supply and distribution of agricultural produce, registered an increase of more than 600% gross revenue growth in 2020 – double the rate from 2019. Due to extended large-scale social restrictions imposed...
A German company, MAN Energy Solutions, has won a contract from shipbuilder Abeking & Rasmussen to supply MAN 12V175D-MM engines for two mine-countermeasures vessels (MCMVs) to the Indonesian Navy. The new MCMVs will replace the two older Pulau Rengat-class MCMVs,...
