Indonesia

 Indonesia and Elon Musk's rocket company SpaceX on Monday launched the country's largest telecommunication satellite from the United States, in a $540 million project intended to link up remote corners of the archipelago to the internet.Roughly two-thirds of Indonesia's 280 million population already use the internet, but connectivity is limited in far-flung, underdeveloped eastern islands of the Southeast Asian country. "Satellite technology will accelerate internet access to villages in areas that cannot be reached by…

Drawing of Awunbarna 1 (left) and Awunbarna 2 (right). (Drawings by Darrell Lewis, 1998). Credit: Flinders University Archaeologists at Flinders University have identified rare images of Moluccan vessels from Indonesia's eastern islands in rock art paintings that may provide the first archaeological evidence of visitors from Southeast Asia from somewhere other than Makassar on Sulawesi.…

Map of the Indonesian archipelago and a schematic of the Indonesian Throughflow (ITF), adapted from Gordon (2005). The red arrows represent the western route of the ITF, the blue arrows represent the eastern route of the ITF, and the green dashed arrows represent the South China Sea (SCS) Throughflow. Ban: Banda Sea; Flo: Flores Sea; Hal: Halmahera Sea; HE: Halmahera Eddy; Jav: Java Sea; Kar: Karimata Strait; Lif: Lifamatola Passage; Lom: Lombok Strait;…

<!----> The Wuling Air – Indonesia reduced its sales tax from 11% to 1% on EVs in April SAIC-GM-Wuling has signed a memorandum of understanding (MoU) with the Indonesian government to increase investment in its local subsidiary SGMW Indonesia to target growing regional demand for electric…

<!----> Posco Chemical’s Gwangyang plant South Korea’s Posco Holdings said it would invest US$440m in a new nickel smelting plant on the Indonesian island of Halmahera to increase capacity for intermediate materials for electric vehicle (EV) batteries. The factory would be built in the…

Image Source : INDIA TV Facebook and Instagram phasing out the onboarding of new Shops without checkout Meta (formerly known as Facebook) has announced that it will be phasing out the onboarding of new Shops without checkout on Facebook and Instagram enabled. This means that the shops that direct people to an e-commerce site to complete a purchase, rather than…

Electric vehicles from Tesla photographed in China. The world's second largest economy is a major player when it comes to the sale of electric vehicles.Vcg | Visual China Group | Getty ImagesElectric car sales jumped to more than 10 million last year, with China accounting for roughly 60% of the market, according to a report from the International Energy Agency published Wednesday.The record sales figures, contained within the IEA's Global EV Outlook for 2023, continue a trend of sustained growth for the…

Published By: Mayank GuptaLast Updated: April 17, 2023, 10:55 ISTVolkswagen will partner with miner Vale, Ford and China's battery minerals producer Zhejiang Huayou Cobalt (Photo: Reuters)Automakers are courting Indonesia for its raw materials used in producing EV batteries while aiming to cut costs and close the gap on EV market leader TeslaVolkswagen will build an electric vehicle (EV) battery ecosystem in Indonesia and will partner with miner Vale, Ford and China’s battery minerals producer Zhejiang Huayou Cobalt, the…

Volkswagen will build an electric vehicle (EV) battery ecosystem in Indonesia and will partner with miner Vale, Ford and China's battery minerals producer Zhejiang Huayou Cobalt, the Southeast Asian country's investment minister said. Automakers are courting Indonesia for its raw materials used in producing EV batteries, which account for about 40% of a vehicle's sticker price, aiming to cut costs and close the gap on EV market leader Tesla. Minister Bahlil Lahadalia said in a video statement Volkswagen, Europe's biggest…

Legit Group, a cloud kitchen brand operator based in Jakarta, has its eyes on the rest of Indonesia after raising a $13.7 million Series A. The round was led by MDI Ventures, the venture capital arm of PT Telcom Indonesia Tbk, the largest telecom conglomerate in Indonesia. It included participation from Sinar Mas Digital Ventures (SMDV), returning investor East Ventures and Winter Capital. This funding follows a $3 million seed round raised by Legit Group in 2021, from East Ventures and AC Ventures. Since then, Legit…