ASEAN BUSINESS NEWS

Business news to help you keep track of the latest developments and identify new opportunities across key sectors in Southeast Asia

 

Monthly Business News to Help You Understand the Market

Indonesian Government Opens Six Weighbridge Revitalization Projects

The Indonesian Transportation Ministry presented six weighbridge revitalization projects worth IDR 330.66 billion (USD 22.80 million). The projects will comprise of three ...

Indonesian Energy Ministry Approves Merakes Development Project

In December 2018, the Minister of Energy of Indonesia approved Eni’s investment plan for the Merakes project, located in Kutei Basin, offshore East Kalimantan. Eni is an ...

Indonesian Defense Ministry Procuring Helicopters Worth USD 513 Million

State-owned aircraft manufacturer, PT Dirgantara Indonesia (PT DI), and the Defense Ministry have signed a contract to purchase eight H225M Cougar helicopters and nine Bell ...

Indonesia and European Free Trade Association Sign Trade Deals

Indonesia and the European Free Trade Association (EFTA) signed the Comprehensive Economic Partnership Agreement (CEPA) on 16 December 2018. The agreement was reached between ...

Filipino Organization Invests USD 2 Million in Indonesia’s Esports Scene

Filipino esports organization, Mineski, is pouring USD 2 million in the Indonesian esports market in 2019, betting on the country’s ranking as the second-largest gaming ...

Aeon Partners with Go-Jek to Speed up Retail Expansion

Japanese retail group, Aeon, has partnered with Indonesian ride-hailing start-up, Go-Jek, on digital payment and home delivery services. Started in mid-December, the ...

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