Building ultra micro-ecosystem in Indonesia

PT Perusahaan Gas Negara (PGN), together with Conrad Asia Energy Ltd (ASX:CRD), is exploring the possibility of constructing a mini LNG plant in connection with the effort to commercialize gas from the Meulaboh & Singkil Blocks, offshore Aceh.

BYD Company Ltd., a leading Chinese electric vehicle (EV) manufacturer, has announced plans to establish a state-of-the-art manufacturing hub in Subang Smartpolitan, Indonesia. The new facility, covering an area of over 108 hectares, will serve as BYD’s strategic base for producing electric vehicles and batteries to meet the growing demand in Southeast Asia.

PT Mahkota Group (MGRO), a company engaged in the palm oil agroindustry, is embarking on the Integrated Sustainable Agro Industry program, a flagship project that will provide a new source of income for the company’s business continuity. This innovative industrial model combines sustainability, energy efficiency, renewable energy, and zero carbon emissions.

PT Ayo Kasbon Indonesia, a financial technology startup, launched the innovative Ayo Kasbon financial services application in conjunction with Labour Day in Jakarta on Wedesday, May 1, 2024. The Ayo Kasbon application aims to facilitate employees or labourers to collect their salary earlier before the payday.

PT Federal International Finance (FIF), in collaboration with Mizuho Bank Ltd, MUFG Bank Ltd and Sumitomo Mitsui Banking Corporation Singapore Branch, has succeeded in obtaining a loan worth US$ 60 million aimed at integrating sustainable financing.

The government continues to encourage the palm oil plantation industry, downstreaming the industry towards the cosmetics sector, which is currently part of the Palm Oil Plantation Fund Management Agency (BPDPKS) program.