Indonesia to Construct a Solar Park in its Eastern Region
The Indonesian Ministry of Energy and Mineral Resources (ESDM) is planning to construct a solar park in the eastern part of the country. The location, however, is not yet unveiled. The region is considered to be particularly suitable because of its high level of solar...
Sea Group Acquires Indonesian Bank to Grow Digital Banking
Singapore’s tech company Sea Limited, which owns e-commerce platform Shopee and game developer Garena, has acquired Indonesia’s Bank Kesejahteraan Ekonomi (Bank BKE) by purchasing stakes from existing shareholders, Danadipa Artha Indonesia and Koin Investama...
New Joint Venture for Production and Distribution of Covid-19 Test Platform
Achiko AG and PT Indonesia Farma Medis (PIFM) have established a new joint venture called PT Achiko Medika Indonesia. PFIM and Achiko will jointly manufacture and assemble Project Gumnuts Covid-19 test kits for the Indonesian market. Other companies will be involved...