Unlocking Investment Opportunities: Indonesia’s SOEs Seek Value Enhancement for Monas Assets

NewsWritten by Aello ConsultingApril 26, 2024

Jakarta – Indonesia’s Ministry of State-Owned Enterprises (SOEs) is actively pursuing international investors to enhance the value of SOE-owned building assets surrounding the iconic National Monument (Monas) in Jakarta. According to SOEs Minister Erick Thohir, there are currently 13 assets under SOEs’ ownership in the vicinity of Monas, including properties owned by state oil and gas giant Pertamina. With the impending

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SCB 10X Joins US$7.5M Funding Round for Guardrails AI: A Game-Changer in AI Assurance

Education, News, Software, TechnologyWritten by Aello ConsultingApril 26, 2024

Bangkok – SCB 10X, the disruptive technology investment arm of SCB X Group, has announced its pivotal role in the US$7.5 million seed funding round for Guardrails AI, a San Francisco-based artificial intelligence (AI) assurance company. Led by Zetta Venture Partners, the funding round saw participation from SCB 10X, Bloomberg Beta, Pear VC, GitHub Fund, and notable AI angels Lip-Bu Tan,

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Vietnam Halal Certification Authority (HALCERT) Launches to Boost Halal Industry Growth

NewsWritten by Aello ConsultingApril 26, 2024

HÀ NỘI – In a significant development for Vietnam’s Halal industry, the Vietnam Certification Centre (QUACERT) has announced the establishment of the Vietnam Halal Certification Authority (HALCERT). This milestone, as per Decision No 689/QĐ-TĐC of March 29, 2024, marks a crucial step in Vietnam’s strategic advancement of its Halal sector. Aligned with the Prime Minister’s endorsed project to bolster international collaboration

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FPT Partners with NVIDIA to Establish $200M AI Factory in Vietnam

Education, News, Software, TechnologyWritten by Aello ConsultingApril 26, 2024

Hanoi – In a groundbreaking development, Vietnam’s tech powerhouse FPT has unveiled plans to construct a $200 million artificial intelligence (AI) factory, leveraging NVIDIA’s graphics chips and software. This strategic partnership, announced on April 23, signifies a comprehensive collaboration aimed at revolutionizing AI and cloud services in Vietnam and beyond. The partnership between FPT and NVIDIA aims to create a seamless

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OIKN Seeks Investors for Sustainable Initiatives at Hannover Messe 2024

NewsWritten by Aello ConsultingApril 26, 2024

Jakarta – The Nusantara Capital City Authority (OIKN) seized the opportunity to engage potential investors at the prestigious Hannover Messe event, held from April 22 to 25, 2024, in Hannover City, Germany. Achmad Jaka Santos Adiwijaya, Secretary of OIKN, highlighted the agency’s proactive approach in showcasing the progress of development and investment opportunities within IKN Nusantara. This marked OIKN’s second participation

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International and Domestic Investors Interested in IKN’s EV Development: OIKN

Automobile, NewsWritten by Aello ConsultingApril 26, 2024

Jakarta – In the dynamic landscape of Indonesia’s industrial evolution, a compelling narrative unfolds as state-owned enterprises (SOEs) and private entities, both domestic and international, eagerly eye participation in the electric vehicle (EV) development sector within the Industrial Estate Authority of IKN Nusantara (OIKN) in East Kalimantan. Deputy for Funding and Investment of OIKN, Agung Wicaksono, revealed during an illuminating online

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Private Companies to Begin Construction of Hospitals and Malls in IKN Next Week

NewsWritten by Aello ConsultingSeptember 14, 2023

Jakarta, September 13, 2023 – The New Capital City Authority (OIKN) has announced that starting next week, private companies will conduct groundbreaking ceremonies for the first time in the development of Indonesia’s New Capital City (IKN). This marks a significant milestone as it is the first time the new capital’s construction is initiated without relying on the state budget (APBN). Agung

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Latest List of Investors Interested in Entering the New Capital City (IKN), Including Companies from Brunei and Malaysia

NewsWritten by Aello ConsultingSeptember 14, 2023

Jakarta, September 12, 2023 – The list of investors interested in participating in the development of Indonesia’s New Capital City (IKN) continues to grow. According to Agung Wicaksono, Deputy for Funding and Investment at the New Capital City Authority (OIKN), the authority has received 281 Letters of Intent (LoI) from private investors to be involved in the construction of the New

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Jakarta-Bandung High-Speed Train Set to Commence Operations on October 1, 2023

News, TechnologyWritten by Aello ConsultingSeptember 14, 2023

Jakarta, September 12, 2023 – Indonesia’s Ministry of Transportation has officially confirmed that the Jakarta-Bandung High-Speed Train (KCJB) will be inaugurated and begin operations on October 1, 2023. This announcement came after the ministry conducted rigorous testing to ensure the safety and reliability of the high-speed rail system. The Ministry of Transportation emphasized the paramount importance of safety during the testing

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President Jokowi Conducts Test Run of Jakarta-Bandung High-Speed Train

News, TechnologyWritten by Aello ConsultingSeptember 14, 2023

Jakarta, September 13, 2023 – Indonesian President Joko Widodo, accompanied by several high-ranking officials and public figures, participated in a test run of the high-speed train that will connect Jakarta to Bandung. This trial run is a significant milestone in the development of the country’s high-speed rail system. The test run took place on Wednesday, September 13, 2023, when President Jokowi

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