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ASEAN Capitalization: Singapore Intense, Indonesia Moderate

ASEAN continues to grow and promises. All countries in it compete to take advantage of it. Indonesia has homework to make optimal use of it. ....

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Indonesia, LG in $9.8B deal for first integrated EV battery industry

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An electric car powers up at a charging station in Beijing. Globally, China is on track to become the global leader in terms of EV production and consumption. AFP
Indonesia, LG in $9.8B deal for first integrated EV battery industry
Thu, 31 December 2020
Indonesia has sealed a deal worth $9.8 billion with South Korea’s LG Energy Solution to develop the world’s first integrated electric vehicle (EV) battery industry, Indonesia’s investment chief said on December 30.
The memorandum of understanding (MoU) was signed by Investment Coordinating Board (BKPM) head Bahlil Lahadalia and LG Energy Solution representatives in Seoul on December 18 with South Korean Minister of Trade, Industry and Energy Sung Yun-mo witnessing the signing. ....

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