ASEAN

Indonesian startups shine at ASEAN digital awards 2025, winning 9 medals

A number of Indonesian startups again stole international attention by achieving great success − bringing home nine awards − at the ASEAN Digital Awards 2025, held in Bangkok, Thailand.

ASEAN still relieson fossil-based energy in electricity growth

The latest report by energy think tank EMBER reveals that last year 3.6 percent of ASEAN power growth was contributed by fossil fuel power plants amidst underperformed energy capacity of renewable energy in the region.

Pertamina International Shipping leads ASEAN Shipping Industry Digitalization

Digital transformation of PT Pertamina International Shipping (PIS), a subsidiary of state-owned energy company Pertamina, has gained appreciation and recognition from global shipping industry players upon its success in developing a claim module system in ship operations.

Indonesia secures Rp479 billion in potential transactions at 21st China-ASEAN Expo

Indonesia showcased its economic prowess at the 21st China-ASEAN Expo (CAEXPO) recently held at the Nanning International Convention and Exhibition Center (NICEC) in Nanning City, Guangxi Zhuang Autonomous Region, from September 24 to 28, 2024.

BI-ASEAN Central Banks complete phase 3 blueprint of Project Nexus

The Indonesian Central Bank (BI), along with the central banks of four other ASEAN countries, has completed the Phase 3 blueprint of Project Nexus, aimed at enabling participating countries to achieve faster and smoother domestic instant payment interconnections.

CITIC CLSA ASEAN Forum showcases investment opportunities in Indonesia, SE Asia

Jakarta − The 20th CITIC CLSA ASEAN Forum began on Tuesday, June 11, 2024, bringing altogether over 600 delegates from 16 countries, including more than 300 institutional investors and 300 senior executives from 110 of the region’s top growth companies.

RI poised to ratify ASEAN air transport protocol, seeking investment-job opportunities

Minister of Transportation Budi Karya Sumadi says Indonesia is determined to ratify the 12th Protocol on Air Transport Services Commitments within the ASEAN Framework Agreement on Services, having so far ratified up to the 8th protocol.

Sri Mulyani, ASEAN+3 ministers discuss rapid financing facility, Chiang Mai Initiative reform

Indonesian Finance Minister Sri Mulyani Indrawati recently met with ASEAN+3 finance ministers and central bank governors, to discuss the establishment of the Rapid Financing Facility (RFF) and the reform of the Chiang Mai Initiative Multilateralization (CMIM).

PIS acquires two VLGCS, gains top tier position in ASEAN LPG transport 

PT Pertamina International Shipping (PIS) is solidifying its position as a top-tier player in ASEAN LPG transport by acquiring two additional Very Large Gas Carriers (VLGCs), named VLGC Pertamina Gas Caspia and VLGC Pertamina Gas Dahlia.

ASEAN's largest gas steam power plant to commence operations

The Jawa-1 Gas Steam Power Plant (PLTGU) with a capacity of 1760 MW is ready to operate in full swing after undergoing a series of tests such as plant reliability run & net dependable capacity test.

HSBC announces ASEAN growth fund to accelerate startup expansion in SE Asia

HSBC has announced the ASEAN Growth Fund, amounting to US$1 billion (IDR 16 trillion), aimed at accelerating the expansion of startups in ASEAN. 

Kamojang plant, 1st green hydrogen-based geothermal energy in ASEAN

The Kamojang Geothermal Power Plant (PLTP Kamojang) becomes the first producer of green hydrogen based geothermal energy in Southeast Asia after its Green Hydrogen Plant (GHP), which is the 22nd GHP built by State electricity company PT PLN, has been set to supply green hydrogen to the Senayan Hydrogen Refueling Station (HRS), the first such station in the region.

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