#Technology
SCMA allocates IDR 250 billion for digital infrastructure
PT Surya Citra Media Tbk (SCMA) - which is the umbrella company of free-to-air television networks of SCTV and Indosiar - will allocate IDR 250 billion for capital expenditure (Capex) for digital infrastructure development from analog TV to digital TV. The company will also establish a new studio and purchase broadcasting equipment.
Mandiri achieves IDR 2 trillion of its 2022 Capex for IT development
PT Bank Mandiri Tbk (BMRI) has completed 75% of its CAPEX in 2022 to develop its digitalization services and strengthen its cyber security, its CAPEX for this year reaches Rp2T for IT development.
PT PAL to buy Scorpene submarines from Naval
State-owned shipbuilder PT PAL Indonesia and French defense company Naval Group are under negotiation on several issues in the purchasing of Scorpene submarines. A source from Naval told Indonesia Business Post that the discussion was focusing on the number of Scorpene submarine that will be purchased and the price of a submarine unit.
PT PAL to work with multiple companies to build light attack ships and submarine lithium battery
State-owned ship builder PT PAL Indonesia has cooperated with PT Lundin Industry Invest, more popular as North Sea Boats, and Norwegian company Kongsberg to develop Light Attack Ship (KSR). The three companies signed a Memorandum of Understanding (MoU) on November 3, 2022, during 2022 Indo Defence Expo and Forum.
Defense industry develops well as showcased in Indo Defense Expo & Forum
The domestic defense industry has continued to develop as the government provides ample space for the private sector to help build Indonesia's defense industry, President Joko "Jokowi" Widodo said.
Mitratel earns IDR 5.6 trillion net income by Q3 2022
PT Dayamitra Telekomunikasi Tbk (Mitratel), a subsidiary of state-owned company Telkom Indonesia, has recorded a IDR 5.6 trillion net income until the third quarter of 2022, an increase of 11.5% from last year.
AC Ventures empowers startups through ESG
Venture capital firm AC Ventures has empowered startups through the ESG (environment, social and governance) framework and the European Union-compliant systems, giving a baseline strategy to grow promising opportunities in the long term.
Sinar Mas Land to build Indonesia's Silicon Valley in BSD City
Giant property developer PT Sinar Mas Land has allocated between IDR 5 trillion and IDR 6 trillion in the next seven years to build a Digital Hub in the BSD City in Banten, west of Jakarta. The Digital Hub will house community, education institutions, start-ups and multinational companies in technology, digital and creative industries. Sinar Mas Land Chief Digital Technology Ecosystem and Development Irawan Harahap said that since 2017, the company has spent IDR 1.5 trillion on the Digital Hub project. The budget has been spent on land clearance, plotting the ground and others. "Our business model is primarily that of a property developer. We sell land and build buildings, and potential start-up companies can rent to own the buildings, but we have to approve them," he said on October 26, 2022. Sinar Mas Land is developing the Knowledge Park Building in the Digital Hub, the first smart building in Indonesia. The company will launch TikTok Hub by the end of October, where Tik-Tokers will have access to a production and promotion site, lifestyles and coffee shops - all in one location. Internet access is available in all infrastructures as Sinar Mas Land has cooperated with network providers and has its fiber optic network. "We have a license from the Ministry of Communication and Informations. We cooperate with all ISPs," Harahap said.
Renewable energy success in Bondan village amidst limitation
PT Kilang Pertamina Internasional (KPI) has utilized the Hybrid Energy One Pole (HEOP) technology that offers renewable energy through solar panel and wind power since 2017. The technology helps pave the way to more renewable energy implementation at Bondan village, Ujung Alang district, Cilacap regency, Central Java.
Jatibarang Field implements CO2 injection
State-owned oil and gas giant PT Pertamina and Japan Oil, Gas and Metals National Corporation (JOGMEC) have implemented a CO2 injection program for Carbon Capture, Utilization and Storage-Enhanced Oil Recovery (CCUS-EOR) in a kick-off ceremony at the Jatibarang Field JTB-161 on-site, West Java, on October 26, 2022.
Housing loan startup helps millennials own their dream house
Indira Shadrina and her friends kicked off IDEAL in 2021, which is a property technology startup that helps Indonesian young people to purchase houses through responsible lending. Indonesian millennials could only afford to purchase houses located far from the city center due to the constant increase of property price.
Telkom develops a new data center in Batam
PT Telkom Indonesia (Persero) Tbk is expanding to build a data center in Batam, Riau Islands province, in 2022. The opening of the new data center is related to the company's expansion to the Singaporean market.