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14 October 2019
Toshiba Energy Systems & Solutions Corporation has signed a memorandum of understanding (MoU) with state-owned electricity company, Perusahaan Listrik Negara (PLN) to build hydrogen-based energy systems with zero CO2 emission to meet... read more
11 October 2019
The Research, Technology, and Higher Education Ministry has outlined a target of creating 4,900 technology-based startups until 2024. "From 2020 to 2024, the number (of technology-based startups) must triple. If the number is 1,307 now,... read more
09 October 2019
The sovereign wealth fund (SWF) to shortly be established by Indonesia and the United Arab Emirates (UAE) can be utilized for infrastructure development, including those in Indonesia’s new planned capital, a senior minister stated. The... read more
07 October 2019
Indonesia’s International Investment Position (IIP) recorded an increase in net liabilities in the second quarter (Q2) of 2019, brought on by its higher Foreign Financial Liabilities (FFL) position. At the end of Q2 of 2019,... read more
04 October 2019
Indonesia's trade balance recorded a US$0.09 billion surplus in August 2019, reversing the previous $0.06 billion trade deficit registered a month earlier. "The main contributor to the trade surplus in August 2019 was a larger non-oil... read more
02 October 2019
Indonesia, the official partner country of Hannover Messe 2020, the world's leading industrial technology and investment expo, will strive to center the world’s attention on its vast economic potentials. Indonesia will have a huge... read more
30 September 2019
The World Bank’s Board of Executive Directors has approved a US$150 million loan for Indonesia to scale up investments in geothermal energy by reducing the risks of early-stage exploration. The loan is accompanied by $127.5 million in... read more
27 September 2019
Canada Pension Plan Investment Board on Thursday announced its first infrastructure investment in Indonesia with the purchase of a 45 per cent stake in toll road operator PT Lintas Marga Sedaya (LMS). LMS is the concession holder and operator... read more
25 September 2019
Coordinating Maritime Affairs Minister Luhut Binsar Pandjaitan has made assurance that the United Arab Emirates (UAE) will follow through on its plan to invest in Indonesia prior to 2019-end.   Crown Prince Syekh Mohamed bin Zayed Al... read more
23 September 2019
Singapore-based Grab has announced it is is investing US$500 million (S$695 million) into Vietnam over a period of five years, just one month after committing US$2 billion to Indonesia. In a statement on Wednesday (August 28), the Southeast... read more