outh Korea and Indonesia signed an agreement cutting down the latter's contribution in a South Korea-developed fighter jet project to about 600 billion won (US$439 million), South Korea's defense procurement agency said on Friday. South Korea's …
JAKARTA: Indonesia could become the only country outside China and Pakistan to operate the Chinese J-10 fighter jets if it takes up a sales offer from Beijing, but analysts say it’s a decision that the Southeast Asian nation should weigh carefully. They …
SPIL Ventures, the venture arm of Indonesian shipping giant Salam Pacific Indonesia Lines (SPIL), is adopting a more selective approach to early-stage investing—prioritising fundamentals and long-term sustainability—as it targets to close at least one new …
Indonesia and Singapore signed initial deals on Friday to develop cross-border trade in low carbon electricity and collaborate on carbon capture and storage, ministers from both countries said in Jakarta. The electricity deal reaffirmed an earlier …
A model of KAI’s KF-21 fighter design on display at the 2023 LIMA conference in Malaysia. (Reuben Johnson/Breaking Defense) MELBOURNE — South Korea and Indonesia have signed a restructured agreement on Indonesia’s participation in the Korea Aerospace …
Indonesia aims to seal a free trade agreement with the European Union in 2026, Indonesian trade ministry official Djatmiko Bris Witjaksono said on Friday, after the two sides completed their latest round of negotiations. Indonesia and the EU have been in …
INDONESIA will be taking delivery of its first Multipurpose Combat Ships/Pattugliatore Polivalente d’Altura (MPCS/PPA) class offshore patrol vessels ships from Italian shipbuilder Fincantieri in September. According to Fincantieri, the first PPA, …
Shares of Indonesia Energy Corp Ltd INDO are trading sharply higher Friday afternoon as escalating geopolitical tensions in the Middle East propel crude oil prices to multi-year highs. Thursday’s Israeli strikes on Iran have ignited fears of a wider …
Jakatar (VNA) – Indonesian President Prabowo Subianto has emphasised that Indonesia will facilitate greater participation of both domestic and international private companies in infrastructure development, aiming to ensure equitable growth opportunities …
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