Indonesia and South Korea Collaborate on Water Management

Jul 1, 2019

Indonesian State-Owned Enterprise Perum Jasa Tirta II (PJT II) signed an agreement with Korea Water Resources Corporation (K-Water), establishing a partnership concerning smart water management.  PJT II manages two river areas covering 74 rivers and tributaries...

Indonesia Implementing A Variety of Tax Breaks to Boost GDP Growth

Jul 1, 2019

Indonesia is implementing a comprehensive set of tax measures aimed at boosting investment, and stimulating economic growth, amid signs that the government’s 5.3% growth target for 2019 may be difficult to achieve. The government raised the threshold at which...

Indonesian Coffee Business Startup Raises USD 20 Million

Jul 1, 2019

Indonesian startup, Kopi Kenangan raised USD 20 million from Sequoia India in June 2019. Previously in October 2018, the company raised USD 8 million in seed funding in a round led by AlphaJWC. Founded in 2017 by Edward Tirtanata and James Pranato, the start-up aims...

NTT Announces Plans to Develop Largest Data Center in Indonesia

Jul 1, 2019

NTT Com, the communications subsidiary of the Japanese ICT giant, NTT Group, will build a  four-story, 194,000 square feet data center campus near Jakarta. Dubbed the “Indonesia Jakarta 3 Data Center” (JKT3) the campus will have a 45 MW IT load and a 18,000 sqm IT...