Indonesia and the Netherlands have completed the installation and trials of combat systems on a second Indonesian guided missile frigate procured by the Indonesian Navy. The parties involved, Dutch company Damen Schelde Naval Shipbuilding (DSNS) and its Indonesian...
The Indonesian Ministry of Research and Technology has formed a consortium of local research institutions and universities to tackle the rising number of COVID-19 in the country. The parties will collaborate on identifying compounds that can inhibit the spread of the...
Indonesia is experimenting with the use of seaweed as an alternative to plastic. The country already ranks as the world’s second largest producer of seaweed behind China, making about 8 million tons a year. Indonesia is also the world’s second biggest contributor to...
The Indonesian government has introduced new regulations to reinforce its commitment to have renewables to contribute 23% of power production by 2025. The regulations are expected to kick-start renewable Energy projects currently stalled and lower the gap between...
Everest, a blockchain-based decentralized digital payment Software-as-a-Service (SaaS) provider, has announced the conclusion of a partnership with BRI Remittance, a subsidiary of Bank Rakyat Indonesia, one of Indonesia’s largest banks. San Diego-based Everest...
Shell Indonesia is doubling the capacity of its lubricants oil blending plant (LOBP) located in Marunda Centre, near Jakarta. The construction started on March 12 and is expected to be completed by 2022. Once ready, the plant will be able to produce up to 300 million...
Singapore’s Aice Group has opened up a second ice cream factory at the Ngoro Industrial Park, located in Mojokerto, East Java, Indonesia. The 44,152 m2 facility is the largest of its kind in South East Asia. The plant, which costed USD 50 million, will have 14...
Singapore-based property firm OUE announced that it acquired, through its indirect wholly-owned subsidiary, Oddish Ventures Pte Ltd, a 88.43% stake in Indonesia’s Maxx Coffee Prima (PT MCP) for USD 23.1 million. Shares were bought from PT Inti Anugerah Pratama...
The Indonesia’s Defense Ministry has agreed to accept the United States’ military grant consisting of 14 Insitu ScanEagle drones and 3 Bell 412 helicopters. The military equipment is to increase the Navy’s maritime capacity and overall defense system throughout the...
Indonesia is striving to double gas production over the next 10 years to 12.3 billion cubic feet per day as it sets to become one of the world’s top exporters with major projects in the pipeline. The industry stakeholders have planned several meetups in the coming...
During the visit of King Willem-Alexander and Queen Maxima of the Netherlands to Indonesia in March 2020 25 business agreements worth USD 1 billion, covering wide ranging cooperation, were signed. Netherlands is one of Indonesia’s important trading, investment and...
American engineering company AECOM, strategy consulting firm McKinsey & Company and Japanese architectural and engineering firm Nikken Sekkei will be involved in developing the masterplan of Indonesia’s USD 34 billion new capital city in the rainforests of East...
