ACES to Soon Open Its Seventh Hardware Store in Indonesia
PT Ace Hardware Indonesia Tbk (ACES), a retail company of Kawan Lama Group, launched its new outlet last week in Karawaci, Tangerang. Helen Tanzil, Corporate Security of ACES, mentioned that the new store is ACES’ seventh outlet introduced since the beginning of the...
Vale and Huayou Signed Agreement for the HPAL Project in Indonesia
On April 28th, PT Vale Indonesia and Zhejiang Huayou Cobalt Company Limited signed a Framework Cooperation Agreement (FCA) to develop a High-Pressure Acid Leaching (HPAL) processing facility in Pomalaa, Kolaka. The main points agreed upon by the two parties, relating...
Indonesia wealth fund agrees to invest $2.7bn in toll roads
Indonesia’s sovereign wealth fund signed two agreements on Thursday to invest in toll roads on the islands of Sumatra and Java worth more than 39 trillion rupiah ($2.72 billion), President Joko Widodo said. The Indonesia Investment Authority (INA) signed a heads of...