Indonesia and European Free Trade Association Sign Trade Deals

Jan 1, 2019

Indonesia and the European Free Trade Association (EFTA) signed the Comprehensive Economic Partnership Agreement (CEPA) on 16 December 2018. The agreement was reached between Indonesia and the EFTA countries – Switzerland, Liechtenstein, Norway and Iceland – after...

Indonesian Energy Ministry Approves Merakes Development Project

Jan 1, 2019

In December 2018, the Minister of Energy of Indonesia approved Eni’s investment plan for the Merakes project, located in Kutei Basin, offshore East Kalimantan. Eni is an Italian multinational oil and gas company operating in 71 countries worldwide. The Merakes...

Indonesian Government Opens Six Weighbridge Revitalization Projects

Jan 1, 2019

The Indonesian Transportation Ministry presented six weighbridge revitalization projects worth IDR 330.66 billion (USD 22.80 million). The projects will comprise of three weighbridges in Sumatra – Muara Tembesi (Jambi), Merapi (South Sumatra) and Blambangan Umpu...

Indonesian Health Tech Startup Gorry Holdings Secures Fresh Funding

Jan 1, 2019

Jakarta-based health tech start-up, Gorry Holdings, has successfully raised funding from Singapore’s private equity firm, Heritas Capital Management, for an undisclosed amount. The funding will be utilized to create new services and speed up expansion across...