Investment and Risk
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Schroders to quit its Indonesian business unit after over 30 years of operation
Schroders, a British global fund manager, is planning to close its business in Indonesia after operating for over 30 years, a move associated with the management overhaul led by new CEO Richard Oldfield, who is focused on streamlining underperforming business units.
Massive investment sought to meet 72 percent renewable energy mix target
Ministry of Energy and Mineral Resources (ESDM) is targeting a 72 percent new and renewable energy (EBT) mix by 2060 in line with the previously set National Electricity General Plan (RUKN).
Renewable energy development for attracting multinational investment in Indonesia
The Purnomo Yusgiantoro Center (PYC), an energy think tank, has emphasized that the development of renewable energy (RE) in Indonesia is a critical factor for attracting multinational companies to invest in the country.
North Maluku sees massive investment surge in mineral processing
The Ministry of Energy and Mineral Resources (ESDM) has reported that investment in mineral downstreaming in North Maluku was recorded at Rp55 trillion (US$3.5 billion) in the period of January to September 2024.
UGM researchers develop wind turbine for Indonesia's 3T regions
A research team from the Department of Mechanical and Industrial Engineering at Gadjah Mada −University (UGM) has developed a new wind turbine, named "Antasena," to optimize new and renewable energy (EBT) utilization in Indonesia's remote and underdeveloped regions, commonly known as 3T areas (frontier, outermost, and underdeveloped regions).
Indonesia’s nickel reserves may end in 4 to 5 years
A senior government official has warned of potential depletion of the country’s nickel reserves within the next four to five years along with the operation of hundreds of nickel smelters that will definitely drain the reserves.
Indonesia-Vietnam collaborate to set up dairy farm in Poso for national nutrition program
The Indonesian government has partnered with Vietnamese investors to develop a large-scale dairy industry in Poso, Central Sulawesi, aimed at supporting President Prabowo Subianto's initiative for a free nutritional meal program targeting approximately 82 million school children, including milk as a vital part of the menu.
Nvidia announces plan to set up AI center in Solo
Nvidia, an American multinational technology company, has overtaken Apple to become the world’s most valuable company, according to data from the London Stock Exchange Group (LSEG).
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.