Indonesia and Netherlands Sign USD 1 Billion with of Trade Deals During Royal Visit
During the visit of King Willem-Alexander and Queen Maxima of the Netherlands to Indonesia in March 2020 25 business agreements worth USD 1 billion, covering wide ranging cooperation, were signed. Netherlands is one of Indonesia’s important trading, investment and...
Indonesia Hires AECOM, Mckinsey and Nikken Sekkei to Design New Capital
American engineering company AECOM, strategy consulting firm McKinsey & Company and Japanese architectural and engineering firm Nikken Sekkei will be involved in developing the masterplan of Indonesia’s USD 34 billion new capital city in the rainforests of East...
Indonesia Planning to Relax Drug Patent Rules to Boost Domestic Pharmaceutical Industry
The Indonesian federal government is planning to relax standards on drug patents with an omnibus bill on job creation to support the country’s pharmaceutical manufacturers and encourage patent-sharing. The government aims to strengthen the...