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Footwear Giant Baocheng Bets Heavily on Indonesia in 2022

07 Feb 2022

Abstract: Baocheng Group will focus on the expansion of production in 2022 in Southeast Asia, while Indonesia is the largest expansion area. A few days ago, it was reported that the footwear giant Baocheng I...

HappyFresh has received US$65 million in Series D financing

06 Jan 2022

According to media reports, Indonesian grocery app HappyFresh has received $65 million in Series D financing. This round of financing was led by Naver Financial Corporation and Gafina B.V., with STIC, Mirae Ass...

GoTo is raising 15.6 billion yuan and plans to IPO

11 Nov 2021

"Hong Kong Economic Times" reported on July 27 that people familiar with the matter said that Indonesia’s most valuable technology start-up company, GoTo, is negotiating with investors, hoping to raise up...

China Ready to Invest Rp20.01 T in Indonesian Furniture Sector

28 Oct 2021

Indonesian Ambassador to the People's Republic of China (PRC) and Mongolia Djauhari Oratmangun said that China is ready to invest in Indonesia worth US$1.38 billion or around Rp.20.01 trillion. The plan is...

Indonesian E-commerce Company Bukalapak Sprints to Go Public

11 Oct 2021

Indonesian e-commerce company Bukalapak is seeking to go public. According to foreign media reports, Bukalapak will become Indonesia's largest initial public offering in more than a decade, and this time...

The Holy Land of Foreign Trade Opportunities-Indonesia

26 Sep 2021

Southeast Asia's largest economy The Indonesian market is a mecca of opportunities Indonesia's economic situation has maintained a strong momentum of development in recent years, with GDP growth o...

Hyundai and LG will build a battery factory in Karawang

07 Sep 2021

[Antara News Agency, Jakarta] Hyundai Motor Group and its partner LG Energy Solution Ltd will establish a joint venture to produce electric car batteries in Kawarang, West Java, to ensure pure electric Supply o...

NICL is Optimistic about the Increase in Nickel Demand

05 Aug 2021

According to the assessment of PAM Mineral listed company (NICL), due to the high demand for nickel in the domestic market in Indonesia, its prospects for mining nickel ore in the future are very good. The s...

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