Indonesia to Purchase Patrol Boats for Coast Guard

Indonesia to Purchase Patrol Boats for Coast Guard

Feb 1, 2020

Indonesia is planning to purchase bigger boats for its Maritime Security Agency (BAKAMLA). The boats would equip BAKAMLA with the capacity to expand their patrol reach and travel longer distances across the ocean. This is important considering the recent dispute in...
Indonesian B2B FMCG Marketplace Obtains Seed Funding

Indonesian B2B FMCG Marketplace Obtains Seed Funding

Feb 1, 2020

Gudangada, an online B2B FMCG (Fast Moving Consumer Goods) marketplace, has obtained seed funding in the double digit millions in a seed from Alpha JWC Ventures and Wavemaker Partners. Singapore-based private equity firm Pavilion Capital is also part of this funding...
Indonesian Government Plans to Cut Corporate Tax Rate

Indonesian Government Plans to Cut Corporate Tax Rate

Feb 1, 2020

The Indonesian government is to create an omnibus law that would help to improve Indonesia’s attractiveness to investors. The President has asked lawmakers to complete deliberations on the bill within 100 days. Part of the bill proposes corporate tax cuts and higher...
Partnership to Open Hydroponic Vegetable Farm in Indonesia

Partnership to Open Hydroponic Vegetable Farm in Indonesia

Feb 1, 2020

Japanese’s contractor, Obayashi, and Singaporean investment firm, Gallant Venture, have teamed up to open a hydroponic vegetable factory in northern Indonesia. The factory plant is expected to be completed by October this year, with first sales of the produce starting...
Plastic Waste Treatment Sites to be Built in West Java

Plastic Waste Treatment Sites to be Built in West Java

Feb 1, 2020

The West Java administration is going to build struct waste treatment sites that turn plastic into diesel fuels and raw plastic materials. The project is supported by Plastic Energy, a United Kingdom-based plastic processing company. It is currently in the phase of...