Indonesia’s State-owned electricity company PLN has unveiled a plan to introduce 79 million smart meters in the country over the next seven years. The move was put forward to create an automated billing process, following millions of consumers complaining...
A total of seven foreign companies had confirmed of relocating its production facilities to Indonesia. According to Investment Coordinating Board (BKPM), the relocation will bring USD 850 million in investment and create potential employment for 30,000 workers. Among...
The US Trade and Development Agency (USTDA) has awarded a grant to PT Nusatama Properta Panbil to promote continued economic growth and energy security in Indonesia. The fund will be utilized for a feasibility study to evaluate the development of a liquefied natural...
Chinese tech giant, Alibaba has confirmed the opening of its third data center in Indonesia by 2021. The new data center will offer a full spectrum of cloud products and services from database, security, network to machine learning and data analytics. The expansion is...
PT APM Automotive Indonesia (APM), an indirect wholly-owned subsidiary of APM Automotive Holdings Bhd, has partnered with PT Hyundai Transys Inc (HTI), to manufacture automobile car seats and related components. Hyundai Transys Inc is a wholly owned subsidiary of...
Singapore-based Docquity, described as South East Asia’s largest professional network of doctors, has partnered with the Indonesian Ministry of Health (MOH) and Ikatan Dokter Indonesia (IDI) to address the increase needs of doctors required to combat the COVID-19...
The Indonesian government is to continue developing 89 new projects amid the COVID-19 pandemic, worth USD 94.8 billion from 2020-2024. These projects are additional to the existing 223 national strategic projects. The breakdown of 89 new projects is as follows: 15...
An Indonesian state-owned company, PT Geo Dipa Energi (GDE) is to receive USD 300 Million from Asian Development Bank (ADB). The fund will be used to expand its geothermal power generation capacity by 110 MW through the construction and commissioning of two geothermal...
South Korean defense firm LIG Nex1 has won a deal to supply radio system to the Indonesian police. The deal is worth USD 129.4 million and the system is expected to be delivered by 2022. Previously, LIG Nex1 has worked with the Indonesian military and police when it...
Indonesia is currently in talks with the US government on the potential relocation of American companies operating in China to the country. According to media report, about 20 companies have expressed interest in relocating factories to Indonesia. To attract these...
The capital of Indonesia, Jakarta, will ban single-use plastics starting on 1 July 2020. Based on the new regulation, shopping centers, supermarkets and traditional market must offer environmentally friendly shopping bag as an alternative. Besides offline stores, the...
A survey conducted by Redseer, a management consulting company, reveals that the COVID-19 pandemic has a positive impact on the e-commerce sector in Indonesia. The e-commerce platforms have welcomed a new cohort of consumers who were accustomed to shopping in stores...