Investment and Risk
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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.
Pertamina collaborates with Japanese firms to accelerate CCUS technology
State energy company PT Pertamina has set up partnership with two Japanese energy companies, JOGMEC and JAPEX, to develop Carbon Capture, Utilization, and Storage (CCUS) technology to contribute for the achievement of Indonesia’s net zero emission target.
PLN and PLN EPI collaborate to build gas infrastructure on company owned land
PT PLN (Persero) and PT PLN Energi Primer Indonesia (PLN EPI) have signed a memorandum of understanding (MoU) to utilize company-owned land for the construction of gas infrastructure.
Gas reserves discovery in C. Sulawesi to boost energy security, economic growth
PT Pertamina Cepu, a subsidiary of upstream oil and gas company PT Pertamina Hulu Energi (PHE), discovered gas potential in the Tedong (TDG)-001 well located in North Morowali, Central Sulawesi.
Wavin invests US$52.6 million in Indonesia, launches Southeast Asia's 1st plastic pipe facility
Wavin, a plastic pipe manufacturing company from the Netherlands, has put Rp825 billion (US$52.6 million) investment in Indonesia to establish a production facility in the Batang Integrated Industrial Estate, Central Java, making it the country’s first production facility in the Southeast Asia Region.