Business and Investment
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Chandra Asri Group partners with TUKR to drive sustainable fuel production
PT Chandra Asri Pacific (Chandra Asri Group) has set up a partnership with TUKR, a unit of Biofront Commodities in Indonesia, to invest in the supply and collection of renewable fuel feedstock.
PLN - Sembcorp to set up Southeast Asia's largest Green Hydrogen facility in Sumatra
Indonesian State power utility PT PLN has announced a collaboration with Singapore's Sembcorp Industries to develop a green hydrogen production facility in Sumatra.
Beurer Indonesia opens medical equipment factory in Central Java, first in SE Asia
PT Beurer Indonesia Technology, a subsidiary of German healthcare device manufacturer Beurer GmbH, has opened a factory at the Kendal Special Economic Zone (KEK) in Central Java, making it the first such production facility in Southeast Asia.
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.
Angel Yeast partners with TBLA to expand operations in Lampung
Angel Yeast, a global leader in the yeast industry, has announced a strategic partnership with Indonesian plantation company PT Tunas Baru Lampung (TBLA) to establish a subsidiary in Lampung province.
South Korean, Chinese firms set to invest Rp80 trillion in Indonesia's green energy
Indonesia is poised to receive significant foreign investments from South Korean and Chinese companies, said Minister of Investment and Head of the Investment Coordinating Board (BKPM), Rosan Perkasa Roeslani.
United Tractors allocates Rp4.24 billion for gold, silver, and nickel exploration
PT United Tractors (UNTR), a subsidiary of Astra Group, has announced its exploration budget for gold and silver mines in Sibolga, North Sumatra, and nickel mines in Konawe Utara, Southeast Sulawesi, for the period of July to September 2024.
European countries show interest in renewable energy investment in East Kalimantan
Acting Governor of East Kalimantan, Akmal Malik, reveals that several European countries have expressed their interest in investing in renewable energy, particularly solar power, in East Kalimantan.
JBIC-funded LNG projects harm communities: Report
A report by a coalition of civil society organizations has alleged that a number of global liquefied natural gas (LNG) projects financed by Japan Bank for International Cooperation (JBIC) had impacted the environment and ivelihood of the surrounding communities.
Telkom Indonesia launches 25th Data Center in Yogyakarta
State telecommunication company PT Telkom Indonesia (TLKM) has launched its 25th data center, NeuCentrIX, in Pugeran, Yogyakarta, the second NeuCentrIX center in the city after previous establishment in Kotabaru.
Xurya completes nearly 200 solar power projects in support of energy transition
Xurya, a company offering a no upfront-cost solar power plant (PLTS) leasing scheme, announced that it has completed nearly 200 solar power projects with a total capacity exceeding 100 megawatts (MW).
PGN nears completion of Tegal-Cilacap gas pipeline design
State-owned gas distribution company PT Perusahaan Gas Negara (PGN) is nearing the finalization of the initial design phase for the Tegal-Cilacap distribution pipeline project, a company executive says.