Indonesia Looking to Raise Foreign Ownership Caps by End-2019

By the end of 2019, the Indonesian government will announce plans to increase foreign ownership of businesses in some sectors, according to the head of Indonesia’s investment board. The move comes as a potential way to support the country’s digital economy by easing...

Agreement Signed for Medical Blockchain Project in Batam, Indonesia

Batam Development Authority (BP Batam), BP Batam Hospital and healthcare blockchain company, dClinic signed an agreement on 26 July 2019 creating BMB (Batam Medical Blockchain) , which is likely the largest blockchain project in the South East Asian region.  dClinic...

Indonesia Exploring Waste-To-Energy Plants to Address Waste Issue

The Indonesian government is looking to build waste-to-Energy plants in four cities – Jakarta, Surabaya, Bekasi and Solo – this year as an effort to solve the country’s plastic waste crisis. This is in line with the regulation issued in April last year...