by VF | Sep 16, 2022 | Linkss, ASEAN, Asia, Business, Southeast Asia, Technology
Through its subsidiary PT VKTR Teknologi Mobilitas, PT Bakrie & Brothers is the latest Indonesian conglomerate to enter the country’s nascent electric vehicle industry, collaborating with two state-owned enterprises. VKTR will work with heavy equipment...
by VF | Sep 7, 2022 | Business, ASEAN, Asia, Economy, News, Southeast Asia
The Regional Comprehensive Economic Partnership agreement (RCEP) came into effect on 1 January this year. The pact has resulted in the growth of China’s exports to other member countries of the agreement. During the first six months of 2022, exports and imports...
by VF | Sep 3, 2022 | ASEAN, Asia, Business, Economy, Southeast Asia, Technology
The first set of Chinese-made train cars for Indonesia’s high-speed railway has arrived in Jakarta. The 142.3-kilometer (88.4-mile) railway worth $5.5 billion is being constructed by PT Kereta Cepat Indonesia-China, a joint venture between an Indonesian consortium of...
by VF | Aug 24, 2022 | Asia, ASEAN, Education, News, Southeast Asia
Renovation work has started on Kipinä’s first preschool in Cambodia, converting a five-floor property into a showcase school that will have a capacity for 350-400 children from 6 months to 6 years old.The school is expected to start with a soft opening in October...
by VF | Aug 16, 2022 | ASEAN, Business, Economy, Southeast Asia, Travel
Southeast Asia relies heavily on tourism. That’s why, following the easing of coronavirus-related entry restrictions, many LCCs in the region have announced a major step-up in-flight service. New airlines are emerging, too. In Indonesia last year, Super Air Jet...
by VF | Jul 17, 2022 | ASEAN, Business, Economy, News, Southeast Asia
Indonesia has temporarily scrapped its export levy for all palm oil products until the end of August in an attempt to boost exports and ease high inventories, finance ministry officials say. The decision by the world’s biggest palm oil exporter could further depress...
