Capitalizing on China’s Belt and Road Initiative, the Lesso group, a Chinese large scale industrial group specialized in building materials and interior decoration products recently announced its USD 60 million expansion into Indonesia. Lesso’s product portfolio...
Indonesia’s President Joko Widodo has announced a USD 33 billion project to relocate the Indonesian capital from Jakarta to East Kalimantan, a province on the island of Borneo located 1,400 km away from the current capital. Main reasons for the move are chronic...
By the end of 2019, the Indonesian government will announce plans to increase foreign ownership of businesses in some sectors, according to the head of Indonesia’s investment board. The move comes as a potential way to support the country’s digital economy by easing...
The Indonesian Agency for Technology Assessment and Application (BPPT) and the Green Technology Center Korea (GTC-K) announced a partnership through the launch of the Green Technology Partnership Initiative (GTPI) in August 2019. The two organizations will work...
Batam Development Authority (BP Batam), BP Batam Hospital and healthcare blockchain company, dClinic signed an agreement on 26 July 2019 creating BMB (Batam Medical Blockchain) , which is likely the largest blockchain project in the South East Asian region. dClinic...
DKSH Business Unit Consumer Goods, through its Indonesian partner Wicaksana, has partnered with e-commerce giant, Tokopedia, to distribute consumer goods on the Online-to-Offline (O2O) wholesale trading platform, Mitra Tokopedia. The collaboration encompasses the two...
The Indonesian government is looking to build waste-to-Energy plants in four cities – Jakarta, Surabaya, Bekasi and Solo – this year as an effort to solve the country’s plastic waste crisis. This is in line with the regulation issued in April last year...
The Indonesian government is preparing a cross border e-commerce regulation with the aim of controlling the flow of imported goods in the market. Currently, the government is reviewing import trends on e-commerce platforms. They are also in talks with e-commerce...
On 5 August 2019, Indonesia’s President Joko Widodo signed presidential regulation (Perpres) on electric vehicles (EVs) to provide government support in order to promote the industry in the country. Indonesia is aiming to leverage its abundance of essential...
Indonesian state-owned company, PT PAL Indonesia, which manufactures ships for military and civilian use, has signed an agreement with Thorcon International Pte Ltd, for a study and subsequent construction of a 500 Megawatt nuclear reactor. The ThorCon reactor uses...
Indonesia plans to build a second airport in Bali located in the northern village of Kubutambahan, Buleleng Regency. The proposed international airport will cater to budget airlines such as Jetstar, Air Asia and Lion Air. Meanwhile, the current Ngurah Rai...
Pasifik Satelit Nusantara (PSN) Consortium, led by Indonesian satellite operator PSN, has selected San Diego-based Kratos security solutions provider, Defense & Security Solutions, Inc, to deliver a unified ground station monitoring solution to support the first...
