PepsiCo Returns to Indonesia with $200 Million Investment
CIKARANG, 31 August 2023 – US food and beverage giant PepsiCo has announced a substantial investment of $200 million to build a new snack factory in Indonesia. This move marks the company’s return to the country after a four-year absence. The factory, located in the…
TikTok to invest billions of dollars in Southeast Asia to boost e-commerce
JAKARTA, 15 June 2023 – Short video app TikTok, owned by China’s ByteDance, said on Thursday it would invest billions of dollars in Southeast Asia over the next few years, as it doubles down on the region amid intensifying global scrutiny over its data security….
S. Korea to Make Indonesia Production Base in ASEAN with IK-CEPA
JAKARTA – South Korea intends to make Indonesia a production base in ASEAN, now that both countries are eliminating most of their tariffs, including on auto parts and steel, according to its government official on Thursday. The Indonesia-Korea Comprehensive Partnership Agreement (IK-CEPA) came into force…
Microsoft to Invest USD1 Billion in Indonesia, Luhut Says
Source: Tempo, January 18 2019 Editor: Mahinda Arkyasa TEMPO.CO, Jakarta – Coordinating Minister for Maritime and Investment Affairs Luhut Binsar Pandjaitan said that Microsoft Corporation is interested in investing USD 1 billion in Indonesia, or around IDR 14 trillion. “The USD 1 billion investment will be used for the…
Opportunities in Emerging Markets: Structural Solutions
Over 20 years, emerging markets have impressively grown their piece of the wealth pie. These markets are increasingly gaining access to technology and growth in connectivity is closely linked to improved productivity. Investors can seek out a myriad of technological innovations to help solve major…
Trapped in 5% Growth
Jakarta Post, December 16 2019 Most economists, including those of the World Bank and international banks, have predicted Indonesia will continue to be stuck in the 5-percent growth lane this year and 2020 amid worldwide policy uncertainty, subdued global growth and international trade tensions and…
Private Equity Fund Led By Former World Bank Boss to Invest $3b in Indonesia: Luhut
Source: Jakarta Post, December 16 2019 Private equity fund Global Infrastructure Partners (GIP) is interested in investing in three projects in Indonesia, a high-ranking official has said. The GIP’s total investments could reach around US$3 billion, Coordinating Maritime Affairs and Investment Minister Luhut Pandjaitan said…
Sustainability Investing Takes Off in Southeast Asia
Source: Jakarta Post, December 16 2019 BY: Suvir Varma, Alex Boulton and Usman Akhtar Private equity and venture investors in Southeast Asia are betting on something new — sustainability. Bain research shows a significant increase in capital flowing to companies that contribute to environmental and…
Indonesia’s GDP grows 5.02 Percent in Q3, Slowest in Over Two Years
Source: Jakarta Post, November 5, 2019 Indonesia’s economic growth reached 5.02 percent in the third quarter, the lowest level in more than two years, with investment failing to contribute to the economy, which has been hit by a global economic slowdown driven by the trade war…
Malaysia’s BGMC Corp to Invest $1b in Port, Industrial Development in Riau
Source: ANTARA, October 27 2019 Jakarta. The BGMC Corporation, a Malaysian construction services company, will invest $1 billion in a port and industrial complex in Siak district, Riau, the neighboring country’s ambassador said at the weekend. The Indonesian government is developing the Tanjung Buton industrial area…