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
US Manufacturer Partners with Local Company to Develop USD 500 Million Solar Complex in Indonesia
SEG Solar, a US-based solar module manufacturer, and PT Kawasan Industri Terpadu Batang (KITB), an Indonesian state-owned company that operates as an industrial area ...
Indonesia Expands Tuna Farming to Advance Sustainable Preactices
Indonesia is expanding tuna farming to improve its aquaculture sector and advance sustainability practices. Indonesia captures the most tuna of any country, accounting for ...
Indonesia Turns Away from Russia, Confirms Purchase of Qatari’s Jet Fighters
The Indonesian Air Force (TNI-AU) has revealed that it signed a EUR 733 million (USD 793.14 million) contract to acquire the Qatar Emiri Air Force's (QEAF's) fleet of 12 ...
Indonesia’s Parliament Approves USD 1 Billion Increase for Construction of New Capital
Indonesia is ready to build its new capital, Nusantara, and the country's parliament budget committee has recently granted an additional IDR 15 trillion (USD 1 billion) to ...
Australian Company Initiates Commissioning of Nickel Power Plant in Indonesia
Nickel Industries (NIC), an Australian company specializing in nickel pig iron production, has commenced the commissioning of its 380-megawatt (MW) power plant in the ...
Long John Silver’s, a US-based Franchise, Launches Its First Branch in Indonesia
The first-ever Long John Silver's location in Indonesia has been inaugurated in Gading Serpong, serving as the brand's global flagship store. The restaurant entered into a ...
Irish Food Giant Establishes a New Manufacturing Facility in Indonesia
Kerry, an Ireland-based food company, has officially inaugurated a taste manufacturing facility in Karawang, West Java, Indonesia. Spanning across 50,000 square meters, this ...
Indonesia and Dubai to Collaborate for the Development of the Belawan Seaport
The Indonesia Investment Authority (INA), in partnership with Dubai Port World (DP World) from the United Arab Emirates (UAE), established a consortium named INA-DPWorld ...
Indonesia and South Korea Establish ICT Ecosystem for Indonesian SMEs
The Cooperatives and Small and Medium Enterprises (SMEs) Ministry of Indonesia is partnering with South Korea to develop an ICT ecosystem aimed at enhancing the capabilities ...
GC Biopharma Awarded Contract to Construct Blood Products Plant in Indonesia
South Korean pharmaceutical company, GC Biopharma Co has obtained approval from the Indonesian Ministry of Health for the establishment of a blood products facility. The ...
Vietnam’s Coffee Exports to Achieve a New Milestone
Coffee is a highlight of Vietnam's agricultural exports in the first half of 2023. Owing to surging coffee prices due to reduced output amidst severe weather conditions ...
Australia-Vietnam Innovation Collaboration Strengthened with RMIT University Investment
During his official visit to Vietnam, Australian Prime Minister (PM) Anthony Albanese inaugurated a new innovation hub in Vietnam as part of RMIT University's AUD 250 million ...
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