New USD 1.1 Billion Viscose Rayon Production Facility Unveiled in Indonesia
In late February 2020, President Joko Widodo inaugurated Indonesia’s largest integrated viscose rayon production facility for Asia Pacific Rayon (APR), which is part of Royal Golden Eagle (RGE), a leading integrated, resource-based Indonesian industrial group. The...
Indonesia and Hungary to Establish USD 500 Million Investment Fund
Indonesia and Hungary are going to establish a USD 500 million joint investment fund to finance Indonesian Infrastructure investments in transport and water management. Both countries are expected to put in equal contribution, with Hungary managing the fund. Hungarian...
Indonesia Looks to Pass Data Protection Law
The Indonesian government has submitted a bill to protect personal data to the parliament. It contains rules on data ownership, consumer rights and cross-border data transfer. According to media reports, this version of the law is most likely going to reference the...