Indonesia

Vingroup's electric vehicle (EV) charging station developer V-GREEN has announced the signing of memorandum of understanding (MOU) with four strategic partners to deploy approximately 63,000 charging ports in total exclusively for VinFast electric vehicles in Indonesia by the end of 2025, more than double the previously announced target.

While there have been numerous media reports of a potential merger between Grab and GoTo, analyst has seen a real risk of the regulator objecting to a Grab-Gojek merger in Singapore.

Grab Co-Founder and CEO Anthony Tan declined to comment to TNGlobal's query on Grab-GoTo merger news when asked at GrabX event in Singapore last month.

AC Ventures (ACV), an Indonesia-based investment firm, has deepened its commitment to inclusive climate innovation through active participation in the We Fund Climate program by the International Finance Corporation (IFC).

Arysun, an Indonesia-based climate-tech startup, has raised $575,000 in pre-Seed funding led by Wavemaker Impact, with additional participation from the First Move Fund.

DailyCo, an Indonesia-based multi-brand food and beverage (F&B) operator, has acquired Wadah Kuliner (Waku), a local F&B company offering catering and canteen management services for corporate and governmental clients.

Vietnamese electric vehicle (EV) maker VinFast, along with the state-owned Bank Negara Indonesia (BNI) and PT Bank Maybank Indonesia Tbk (Maybank), have signed a long-term syndicated loan agreement valued at IDR 1.85 trillion ($110 million), along with an additional $80 million accordion facility, to finance the construction of VinFast’s EV assembly plant…

DEG, the German development finance institution, the French development finance institution Proparco and Standard Chartered have announced an agreement to finance the development, construction and operation of the Saguling floating solar photovoltaic (PV) plant as part of Indonesia’s Just Energy Transition Partnership (JETP).

Indonesia-based PT GoTo Gojek Tokopedia Tbk (GoTo), the parent company of Gojek and Tokopedia, has announced the resignation of members of its Board of Directors and Board of Commissioners.

Pegatron, a Taiwan-based technology firm, has partnered with Telkomsel, an Indonesia-based digital telecommunications provider and first 5G operator, to accelerate smart manufacturing transformation in Indonesia.