New Defense Holding Company to be Formed Amidst Drive in Military Modernization in Indonesia
The Indonesian government aspires to establish a new holding firm, which will combine the capabilities of the country’s state-owed defense industrial base, by the fourth quarter of 2021. The holding company effort is being led by the Indonesian Ministry of State...
Indonesia Improves in World Competitiveness Ranking
Indonesia has jumped three places in a global competitiveness ranking in 2021 thanks to its economic resilience amid the Covid-19 pandemic, the improvement in government efficiency, and rising confidence among its businessmen, Switzerland-based International Institute...
Ormat Technologies Secures New Geothermal Supply Contract in Indonesia
US-headquartered alternative and renewable geothermal energy company Ormat Technologies has secured a new contract in Indonesia with Star Energy Geothermal Salak to supply products to extend the Salak geothermal field in Indonesia. The Salak geothermal field is...