Indonesian Primary Weaponry System to be Modernized in 2022

Indonesian Primary Weaponry System to be Modernized in 2022

The Indonesian Ministry of Defense is focusing on acquisitions to modernize the Army’s defense equipment and improve the Army’s readiness for defending the country’s sovereignty. Defense Minister Prabowo has considered enhancing Indonesian external defense...
WeLab to Launch Digital Bank in Indonesia

WeLab to Launch Digital Bank in Indonesia

WeLab, a fintech startup from Hong Kong, has acquired a 24% stake in PT Bank Jasa Jakarta to set up a digital bank that is expected to be operational in the second half of 2022. WeLab has raised USD 240 million from existing and new investors to fund the acquisition....
BPJS Health Forms Partnership to Ease JKN-KIS Access

BPJS Health Forms Partnership to Ease JKN-KIS Access

The Social Health Insurance Administration Body (BPJS Health) has formed a partnership with PT Good Doctor Technology Indonesia, a local company that provides online health consultation through a telemedicine application. The partnership was marked by the signing of...
Babcock Secures Export Contract to Indonesia

Babcock Secures Export Contract to Indonesia

Babcock, a British aerospace, defense and security company, has secured the first export contract for its Arrowhead 140 (AH 140) frigate to Indonesia. Through a design license arrangement, PT PAL Indonesia (Persero), a state-owned shipbuilder, will build two Arrowhead...