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Regulations 1 year ago
PREMIUM
Batang Industropolis now officially an SEZ, more to come, govt vows
Coordinating Economic Minister Airlangga Hartarto said developing SEZs had been a key strategy among Southeast Asian nations to attract investment and that Indonesia lagged behind with only 24 SEZs covering a total of 21,000 hectares.
Companies 1 year ago
PREMIUM
Malaysian conglomerate breaks ground on stem cell clinic in Bali
Aside from a clinic, Genting Group also plans to establish a local manufacturing unit to supply stem cells to the clinic and other hospitals across the country, operating under the license and supervision of US-based biotech firm Celularity.
Front Row 3 years ago
Indonesia eyes SEZ development on quest for greater economic prosperity
Given the nature of Indonesia’s archipelagic geography and marine territory, foreign trade and investment is an integral part of the country’s economy. According to ASEAN Briefing, the government has homed in on the development of special economic zones (SEZ) as a priority policy, with an aim to attract over US$50 billion in foreign investment in the next decade.
Business 5 years ago
PREMIUM
Bumpy road ahead for Indonesia’s ‘Silicon Valley’
The plan to develop Algorithm Hill, which its backers hope will be the Indonesian version of Silicon Valley in California, the United States, faces infrastructure challenges despite having secured an investment of Rp 18 trillion.
Business 5 years ago
PREMIUM
Indonesia to relax foreign investment rules for local start-ups
The government has unveiled a draft presidential regulation, derived from the recently passed Job Creation Law, that offers leeway for foreign investment in tech-based start-ups in special economic zones (SEZs).
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