#Technology
Indonesian pharmaceutical exports at stake amid Vietnam-EU free trade agreement
The Indonesian Ministry of Trade has raised concerns about the negative impact of the Free Trade Agreement (FTA) between Vietnam and the European Union (EU) on the domestic pharmaceutical industry.
PLN secures home charging service agreement with BYD Motor
State electricity company PT PLN has again set up collaboration with electric vehicle manufacturers to provide home charging services, securing this time an agreement with BYD Motor, currently the world’s biggest electric vehicel seller, to develop infrastructure and ecosystems for battery-based electric vehicles.
Vela Alpha: Indonesia's 'Flying Car' showcased at Singapore Airshow 2024
Vela Alpha, a drone developed by PT Dirgantara Indonesia or PTDI in collaboration with PT Vela Prima Nusantara, also known as Vela Aero, made its appearance at the Singapore Airshow 2024 aviation exhibition.
Tik Tok completes US$2.3 B investment in Tokopedia
PT GoTo Gojek Tokopedia (GOTO) has officially announced the completion of TikTok's US$ 2.3 billion (IDR 36.2 trillion) investment in Tokopedia, following an agreement reached on December 11, 2023.
OJK: Investment in Indonesian startups plummets 87% in H1 2023
The Financial Services Authority (OJK) reveals that investment in Indonesian startups witnessed a staggering 87 percent year-on-year decline, plummeting from US$ 3.3 billion to a mere US$400 million or approximately IDR 6.3 trillion during the first semester of 2023.
S&P Global notes Indonesia's Manufacturing PMI at 52.2 in December 2023
S&P Global reported that Indonesia's Manufacturing Purchasing Managers' Index (PMI) stood at an expansionary level of 52.2 in December 2023, representing a 0.5-point increase from November 2023, where it was at 51.7. The achievement of a PMI at the end of 2023 signifies the rapid pace of Indonesia's manufacturing sector in the last three months, continuing the trend of manufacturing expansion for the past 28 months.
Government secures CATL battery project investment of Rp 90.50 trillion
The government says that the entire investment plan of China's battery giant, Contemporary Emperex Technology Co. (CATL), amounting to US$5.8 billion or Rp 90.50 trillion has been finalized from upstream to downstream. PT Aneka Tambang Tbk. (Antam) has completed the sale and purchase agreement (SPA) transactions for the shares of its subsidiaries, PT Sumberdaya Arindo (SDA) and PT Feni Haltim (FHT), with CATL's affiliate HongKong CBL Limited (HKCBL) at the Ministry of Investment in Jakarta on December 28, 2023.
GSMA warns Indonesia of potential losses urging for 5G spectrum price review
The Global System for Mobile Communications Association (GSMA) predicts that the Indonesian government could lose potential revenues amounting to IDR 216 trillion if it does not reassess its 5G internet services.
IBM acquires Equine Global to modernize business and improve AI transformation in Indonesia
International Business Machines (IBM), United States (US) technology giant acquired Equine Global, a specialist enterprise resource planning (ERP) company and provider of cloud consulting services based in Indonesia.
Indonesia aims to become a global green hydrogen supplier in pursuit of net-zero emissions (NZE)
Indonesia has set its sights on becoming a key global supplier of green hydrogen as part of its commitment to achieving Net-Zero Emissions (NZE). Collaborating institutions, including the National Research and Innovation Agency (BRIN), state-owned electricity company PT PLN (Perusahaan Listrik Negara), and private sector entities, are collectively driving the development of hydrogen technologies in Indonesia.
Telkomsel joins forces with tech giants Microsoft, Nokia, and Huawei, paving the way for autonomous network concept
Telkomsel, alongside 30 global tech companies such as Microsoft, Nokia, and Huawei, has taken a groundbreaking step by establishing the concept of Autonomous Networks and proclaiming the Autonomous Networks Manifesto.
International seminar on water security: Defense University of Indonesia address the water crisis with advanced technologies
In response to the growing water crisis in Indonesia, Universitas Pertahanan (Defense University) in collaboration with Indonesia Business Post Media organized a Water Security Seminar - Technology for Indonesia on Friday, September 22, 2023.