Business news to help you keep track of the latest developments and identify new opportunities across key sectors in Southeast Asia
Monthly Business News to Help You Understand the Market
Indonesia Expands Carbon Trade Collaboration with Japan
Indonesia is set to finalize a bilateral agreement with Japan aimed at enhancing carbon trading between the two nations, according to the Southeast Asian country’s ...
South Korean Companies Invest in Indonesia’s Regenerative Medicine and Cell Therapy Market
South Korea’s Daewoong Pharmaceutical and GC Cell are entering Indonesia's regenerative medicine and cell therapy markets. Daewoong Pharmaceutical has established a cell ...
Italian Company Partners to Strengthen Telecom Security in Indonesia
SecurityGen, an Italian telecom cybersecurity firm, has partnered with PT NEC Indonesia, a multi-vendor system integrator specializing in IT networks and AI technologies, to ...
Indonesian Government and South Korean Investor Team Up for Bali’s LRT
The Indonesian government is moving forward with plans for a Light Rail Transit (LRT) system in Bali, estimated to cost approximately USD 10.8 billion. Minister of ...
Japanese Company Expands Petrochemical Operations in Indonesia with New USD 110 Million Facility
Nippon Shokubai Indonesia is moving forward with plans to expand its petrochemical operations in Cilegon, Banten, by constructing a fourth plant phase, set to begin in 2025. ...
French Luxury Group Expands in Indonesia, Opens First Sandro Store in Jakarta
French luxury fashion group SMCP, which owns brands such as Sandro, Maje, Claudie Pierlot, and Fursac, is expanding in Indonesia through a new partnership with Mitra Adi ...
German Companies Eye Collaboration with Indonesian Electronics Producer in Renewable Energy Infrastructure
PLN Nusantara Power, a subsidiary of Indonesia’s state-owned electricity provider, PLN, recently engaged in talks with representatives from nine German companies to explore ...
Indonesia and Britain Forge Partnership on Critical Minerals
Britain has signed a memorandum of understanding with Indonesia to collaborate on critical minerals, according to a statement from the UK’s embassy in Jakarta. The agreement ...
Indonesia to Create New Military Branch for Cyber Defense
The Indonesian government is set to create a new military branch focused on cyber defense. This initiative was prompted by an order from the President during a recent meeting ...
Indonesia and Brazil Establish USD 290 Million Partnership for Dairy Cattle Development
PT Asiabeef Biofarma Indonesia has signed a memorandum of understanding (MoU) with Agropecuaria 31 (31 Group) for the importation of 100,000 tropical dairy cattle from ...
Viettel Partners with Ericsson and Nokia for Comprehensive 5G Deployment in Vietnam
Vietnam’s leading telecommunications company Viettel has recently expanded its long-term collaboration with Ericsson by selecting the Swedish company to lead the majority of ...
Thailand’s Central Retail Opens New Shopping Mall in Northern Vietnam
Central Retail, Thailand's leading retailer, inaugurated its 40th GO! mall in Ha Nam province on Saturday. The 1.4-hectare facility, which required an investment of VND 309 ...
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