The Indonesian government is preparing a new regulation on renewable energy pricing to encourage more investment in renewables. According to official statistics, Indonesia has over 400 GW of potential renewable energy capacity from hydropower, solar, and geothermal,...
Logiq, a US-based leading global provider of eCommerce and fintech solutions, has entered into an exclusive strategic alliance with Koperasi Mona Santoso Berjaya (KMSB), Indonesia’s social security program provider. Through its Indonesian operations, Logiq will...
As part of the Indonesian government’s effort to enhance tourism, the country looks to expand the airport of Lombok: Zainuddin Abdul Madjid International. The project is estimated to be worth USD 700 million and it will be conducted via a public-private partnership...
Indonesia is moving toward building an industry to supply nickel for batteries and electric vehicles (EV). Crucially, the country has already banned the export of nickel ore, which is a key component of EV batteries. The Indonesian government and electric vehicle...
Mandaya Royal Hospital Puri has inked a seven-year partnership agreement with Royal Phillips (Phillips), a global leader in health technology. The deal aims to integrate a comprehensive range of cutting-edge medical technologies and solutions that will bring top-notch...
Microsoft has entered into a strategic partnership with Bukalapak, one of Indonesia’s leading e-commerce platforms, while Google and Temasek have agreed to invest USD 350 million in Tokopedia, one of the 6 startup unicorns in Indonesia. Both moves are seen to tap into...
The Indonesian government has just revised more than 70 existing laws and regulations in an effort to create jobs, spur investments, reduce red tape, and improve bureaucratic efficiency. The new law touches on various areas including reducing obstacles to doing...
Suntech, a Chinese producer of solar panels, announced the launch of its 500 MW high-efficiency integrated PV cell and module manufacturing project in Indonesia, making available solar modules for customers in the US and Indonesia. The plant’s annual capacity is...
BPPT, the Indonesian Agency for the Assessment and Application of Technology, recently signed an MoU with Huawei to strengthen Indonesia’s talent and infrastructure in the digital ecosystem. Key focus areas include artificial intelligence (AI), cloud, and 5G...
Sinar Mas Land and Mitbana (a joint venture fund management company of Mitsubishi and Surbana Jurong) have entered into a strategic partnership to build transit-oriented developments (“TODs”) in Bumi Serpong Damai (BSD) City, Indonesia. Sinar Mas is a leading...
PT Pertamina will use Honeywell UOP technologies to produce advanced biofuels at its Plaju and Cilacap refineries in Indonesia. The UOP Renewable Jet Fuel Process technology will be used at its Plaju refinery in Palembang, South Sumatra, and the UOP Ecofining...
Indonesia could become a vaccine production hub for South East Asia in the near future, stated Wang Yi, China’s Foreign Minister, after a meeting with Luhut Pandjaitan, the Coordinating Minister for Maritime Affairs and Investment of Indonesia. As part of a...
