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

Indonesia’s Coffee Industry Attracts Foreign Investors and Sees Emergence of Local Champions

Indonesia’s Coffee Industry Attracts Foreign Investors and Sees Emergence of Local Champions

Indonesia’s dynamic coffee industry has recently witnessed some interesting developments. Tech-enabled coffee chain Flash Coffee recently closed its series B round ...
British Consortium to Invest USD 9 Billion in Indonesia

British Consortium to Invest USD 9 Billion in Indonesia

Reuters recently reported that a British consortium that includes mining giant Glencore is set to invest about USD 9 billion in Indonesia's mining and electric vehicle (EV) ...
Key Players Join Forces to Unlock Indonesia’s Modern Warehouse Investment Opportunities

Key Players Join Forces to Unlock Indonesia’s Modern Warehouse Investment Opportunities

Indonesia Investment Authority (INA), asset manager ESR Group, and MC Urban Development Indonesia (MCUDI), a 100% subsidiary of Mitsubishi Corporation engaged in real estate ...
Nokia and Indosat spearhead Indonesia’s Digital Vision with Network Consolidation

Nokia and Indosat spearhead Indonesia’s Digital Vision with Network Consolidation

Finnish multinational telecommunications, information technology, and consumer electronics corporation Nokia recently announced that it has partnered with Indonesia’s ...
US Company Receives FDA Clearance for Augmented Reality Surgical Navigation in Indonesia

US Company Receives FDA Clearance for Augmented Reality Surgical Navigation in Indonesia

US company Novarad has received approval from Indonesia’s Food and Drug Administration (FDA) for its VisAR surgical navigation system. Novarad's VisAR uses augmented reality ...
US Provides USD 1 Million Grant for Wind Power Plant in Indonesia as Part of the Just Energy Transition Partnership

US Provides USD 1 Million Grant for Wind Power Plant in Indonesia as Part of the Just Energy Transition Partnership

The US Trade and Development Agency has just awarded a grant to PT Medco Power Indonesia (Medco) for a feasibility study to help develop an estimated 111-megawatt wind power ...
Consortium of Danish Companies to Provide Nuclear Power and other Technologies to Produce Fertilizer in Indonesia

Consortium of Danish Companies to Provide Nuclear Power and other Technologies to Produce Fertilizer in Indonesia

Four Danish companies, Topsoe, Alfa Laval, Copenhagen Atomics and Aalborg CSP, have entered into a Memorandum of Understanding (MoU) with Indonesian ammonia producer Pupuk ...
Indonesia’s Textile Sector to Invest in Modern and Sustainable Solutions

Indonesia’s Textile Sector to Invest in Modern and Sustainable Solutions

It has been reported that the Indonesian textile industry will produce 3.9 million tonnes of textile waste in 2030. With 92 million tonnes of textile waste generated yearly, ...
Indonesia and Malaysia Partner for Advancing Aerospace Industry

Indonesia and Malaysia Partner for Advancing Aerospace Industry

Indonesia and Malaysia have signed two memoranda of understanding (MoUs) in the defense sector, between state-run aircraft manufacturer PT Dirgantara Indonesia (PTDI) and ...
USAID Launches USD 8.2 Million Coffee and Cacao Agroforestry Project in Indonesia

USAID Launches USD 8.2 Million Coffee and Cacao Agroforestry Project in Indonesia

The United States Agency for International Development (USAID) has launched a project to promote sustainable cocoa and coffee production in Indonesia in partnership with Olam ...
Siam Makro Group Implements Oracle Solutions

Siam Makro Group Implements Oracle Solutions

Siam Makro group, operator of Thailand’s number one wholesaler Makro, and leading retailer Lotus’s, has announced its collaboration with Oracle to drive digital ...
New Renewable Energy Initiative in Thailand

New Renewable Energy Initiative in Thailand

Thailand's Energy Regulatory Commission (ERC) has chosen 175 companies to participate in the initial stage of its renewable energy initiative. The program has garnered ...

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