Indonesia is aiming to build the country’s first spaceport in Biak, Papua. This is to facilitate the National Institute of Aeronautics and Space (LAPAN)’s plan to pursue a larger rocket test launch, that could go up to 300km above earth. The planned spaceport...
Indonesia’s Halal Product Law came into effect as of 17 October 2019. The Halal Law regulates the processing, materials and certification of Halal products, on top of establishing partnerships with international Halal agencies. It is hoped that the Halal...
Toshiba Energy Systems & Solutions Corporation (Toshiba ESS) has won a contract with PT Inti Karya Persada Tehnik (IKPT), a leading Engineering, Procurement and Construction (EPC) company. Toshiba ESS is to supply a set of stream turbine and generator for Dieng...
The Asian Development Bank (ADB) granted Indonesia USD 100 million in October 2019 to help catalyze private sector investments in Infrastructure projects. ADB’s assistance will help close the Infrastructure financing gap, with annual investment needs estimated to be...
Indonesian healthtech startup, Alodokter, successfully raised USD 33 million in Series C funding in October 2019. The round was led by Sequis Life, with the participation of Philips, Heritas Capital, Hera Capital and Dayli Partners, among the few. Previous round...
Indonesia holds a quarter of the world’s nickel reserves and has implemented a ban on ore exports by January 2020. This is part of the country’s strategy is to lure EV makers and battery producers that require the raw materials to invest and set up factories in...
Indonesia has set a goal to reach 100% green fuel production as an end-product of palm oil by 2022-2023. To achieve this, the government was seeking national and foreign investors to build additional refineries, especially in regions close to oil palm plantations in...
The Health Minister of Indonesia, Dr. Nila F Moeloek, has shared the results of a recently conducted family survey revealing that the lifestyles of 82% of Indonesian households can be considered to be unhealthy. The Ministry uses 12 indicators to determine the...
The Alliance to End Plastic Waste (AEPW) has entered a partnership with Project STOP to further scale up the development of more sustainable and circular waste management systems in Indonesia. Through Project STOP, AEPW aims to improve waste collection, bring...
PT Borneo Alumina Indonesia (PT BAI) has appointed a Black & Veatch-led project management consortium (PMC) to develop an alumina refinery in West Kalimantan. The processing facility, the first of its kind in Indonesia, will feature a 1 million tpy smelter-grade...
The European Union (EU) has granted Indonesia USD 16.37 million (IDR 232 billion) through a four-year program called ARISE+. The program aims to boost the country’s export competitiveness and integration into the global value chains. The program intends to advance the...
Pomona, an Indonesian provider of marketing and digital sales solutions for the packaged consumer goods and fast-moving consumer goods sector, has successfully closed a USD 3 million fundraising round. The round was led by Vynn Capital, supported by Shanghai-based...
