ADB Grants USD 305M to Largest CCGT Power Plant in Indonesia

ADB Grants USD 305M to Largest CCGT Power Plant in Indonesia

May 1, 2019

The Asian Development Bank (ADB) announced the first drawdown of funds under a private sector financing package totaling more than USD 305 million invested in Jawa-1, which would be the largest combined-cycle gas turbine (CCGT) power plant in Indonesia. This is...
Amazon Web Services Opening New Region in Indonesia

Amazon Web Services Opening New Region in Indonesia

May 1, 2019

Amazon Web Services (AWS) has decided to open a new Infrastructure region in Indonesia by the end of 2021 or early 2022. The opening of an AWS Infrastructure region in Jakarta, which will be the ninth in Asia Pacific, will complement AWS existing regions in Beijing,...
Bali Aims to Capture Wellness and Health Tourism Potential

Bali Aims to Capture Wellness and Health Tourism Potential

May 1, 2019

Acknowledging the exponential growth of global wellness tourism, the Bali administration is currently aiming to expand the island’s health tourism with supportive regulation. At the moment, there are above 3,000 traditional wellness centers which include herbal...
Coca-Cola Amatil Supported Accelerator Launches in Indonesia

Coca-Cola Amatil Supported Accelerator Launches in Indonesia

May 1, 2019

Coca-Cola Amatil (CCA), one of the world’s larger bottlers of The Coca-Cola Company range, has announced plans to expanding its start-up accelerator platform Amatil X to Indonesia. The Coca Cola Company holds a 30.8% stake in CCA. CCA is headquartered in Australia and...
Indonesia Launches Sharia Economy Masterplan

Indonesia Launches Sharia Economy Masterplan

May 1, 2019

In May 2019, Indonesia launched the 2019-2024 Sharia Economy Masterplan, as part of the country’s national economic development initiative. The government has underlined four main strategic recommendations to develop the sharia economy in the country,...