EGCO Explores Hydrogen Fuel Development in Indonesia’s Petrochemical Sector

Bangkok – Electricity Generating (Egco), the power generation subsidiary of Thailand’s Electricity Generating Authority, is capitalizing on its petrochemical ventures in Indonesia to spearhead clean energy initiatives, focusing on hydrogen fuel development. Last year, Egco acquired a 30% stake in PT Chandra Daya Investasi (CDI), a subsidiary of PT Chandra Asri Petrochemical Tbk Group (CAP), Indonesia’s leading integrated chemical and infrastructure

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Tesla’s Plans for Thai Factory Face Delay Over City Planning Challenge

Bangkok – US-based automaker Tesla’s ambition to establish an electric car factory in Thailand encounters a possible setback due to challenges in city planning. Prime Minister Srettha Thavisin led a team in discussions with Tesla executives at the company’s headquarters on November 14 last year. According to the Prime Minister, Tesla is anticipated to make an announcement in the first quarter

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Indonesia Calls for Automotive Industry to Boost Partnerships with MSMEs

Jakarta – Cooperatives and Small and Medium Enterprises (SMEs) Minister Teten Masduki has urged players in the Indonesian automotive industry to enhance collaborations with micro, small, and medium enterprises (MSMEs) that provide automotive parts, aiming to bolster downstreaming efforts. “I encourage the automotive industry to engage in partnerships for the advancement of automotive MSMEs, fostering their growth and development,” he remarked

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Indonesia Aims to Surpass Vietnam in Foreign Trade with IEU-CEPA Completion

Jakarta – Indonesia’s Trade Ministry is optimistic about the country’s foreign trade outlook, expecting to outpace Vietnam following the finalization of the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA). Kasan, the chief of the ministry’s Trade Policy Agency, emphasized, “Our market access to the European Union, once the agreement has been completed and implemented, will yield greater benefits than what Vietnam

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Indonesia Poised to Kickstart EV Battery Mass Production in April 2024

Jakarta – The Ministry of Investment has announced that Indonesia is gearing up for the mass production of electric vehicle (EV) batteries, set to commence in April 2024. This move signals a significant milestone in the nation’s automotive industry and underscores the advantages of its downstreaming policy. Tina Talisa, Special Staff at the ministry, emphasized the role of downstreaming in extracting

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