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JBS Partners with Indonesian Sovereign Fund for $5 Billion Investment in Southeast Asia

JBS Partners with Indonesian Sovereign Fund for $5 Billion Investment in Southeast Asia

JBS Partners with Indonesian Sovereign Fund for $5 Billion Investment in Southeast Asia
Reuters Reuters
Meat packer JBS agrees joint venture with Indonesian wealth fund arm

Meat packer JBS agrees joint venture with Indonesian wealth fund arm

SAO PAULO, Aug 7 (Reuters) - Brazilian meat packer JBS has agreed a joint venture with PT Danantara (DIM), an arm of Indonesia's sovereign wealth fund, to pursue investments in protein production across Indonesia, Southeast Asia, Australia and New Zealand, it said on Friday.
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Wildfire in Indonesian national park grows

Wildfire in Indonesian national park grows

Indonesia is battling a growing wildfire threat during an unusually dry season, with authorities warning that drought, strong winds and the El Niño weather pattern have increased fire risks across the country
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Kraft Heinz Seeks FP Manager to Drive Financial Strategy and Business Outcomes

Kraft Heinz Seeks FP Manager to Drive Financial Strategy and Business Outcomes

Kraft Heinz Seeks FP Manager to Drive Financial Strategy and Business Outcomes
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Indonesia Begins Construction of First French-Designed Submarine for Strategic Autonomy

Indonesia Begins Construction of First French-Designed Submarine for Strategic Autonomy

Indonesia has commenced the construction of its first Scorpène Evolved submarine, designed by the French Naval Group, at the PT PAL shipyard in Surabaya, Java. This marks a significant step towards Indonesia's goal of achieving strategic autonomy in submarine technology. The project involves a comprehensive transfer of technology, enabling Indonesia to eventually build its own submarines independently. The first submarine is expected to be delivered to the Indonesian Navy by 2032, with a second one planned for 2033.
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Saudi Arabia and Indonesia Sign Agreement to Boost Investment Cooperation

Saudi Arabia and Indonesia Sign Agreement to Boost Investment Cooperation

Saudi Arabia and Indonesia have signed a memorandum of understanding (MoU) to enhance investment cooperation between the two nations. The agreement, signed in Jeddah by Saudi Minister of Investment Fahad bin Abduljalil Al-Saif and Indonesia’s Minister of Investment and Downstreaming Rosan P. Roeslani, aims to promote direct investment and facilitate cross-border capital flows. This MoU is part of a broader strategy to encourage companies from both countries to explore opportunities in each other's markets. The agreement is aligned with Saudi Arabia's Vision 2030 agenda, which seeks to diversify the Kingdom's economy and increase international investment partnerships. Similarly, Indonesia is focusing on industrialization, infrastructure development, and economic transformation, making this partnership mutually beneficial.
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ASEAN Leaders Emphasize Unity and Dialogue to Address Global Challenges

ASEAN Leaders Emphasize Unity and Dialogue to Address Global Challenges

ASEAN Chair and Philippine President Ferdinand Marcos Jr. has called for unity and dialogue among ASEAN member states to navigate global political and economic uncertainties. Speaking during the 59th ASEAN Day celebration in Jakarta, Marcos highlighted the importance of cooperation to ensure regional stability and prosperity. He emphasized that ASEAN was founded on the belief that its peoples would be safer and more prosperous when facing the future together. The ASEAN Community Vision 2045, which marks its first year of implementation, focuses on energy security, food security, and the safety of nationals amid geopolitical tensions. Indonesian Foreign Minister Sugiono also underscored ASEAN's role as a bridge-builder in a world increasingly shaped by conflict and strategic rivalry. He stated that ASEAN should not become an arena for great power rivalry and must prioritize the welfare and security of its people.
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How Fried Rice Became an Asian Street Food Favorite

How Fried Rice Became an Asian Street Food Favorite

Fried rice is not just a dish served in restaurants; it is a staple of street food culture across Asia. Its simplicity, adaptability, and delicious...
SB Nation SB Nation
Chelsea vs. AC Milan, Friendly: Preview, team news, how to watch

Chelsea vs. AC Milan, Friendly: Preview, team news, how to watch

Preseason match the fourth
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Olivia Colman Stars in Upcoming Film 'Wicker' with Alexander Skarsgård

Olivia Colman Stars in Upcoming Film 'Wicker' with Alexander Skarsgård

Olivia Colman Stars in Upcoming Film 'Wicker' with Alexander Skarsgård
Reuters Reuters
British Columbia district declares state of emergency, issues evacuation orders as wildfire rages

British Columbia district declares state of emergency, issues evacuation orders as wildfire rages

TORONTO, Aug 8 (Reuters) - A state of emergency was declared by the district of Summerland, British Columbia, early Saturday as a fast-moving wildfire swept through western Canada, forcing thousands of residents to evacuate their homes.
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Indonesia Plans El Nino Stimulus with Focus on Agriculture

Indonesia Plans El Nino Stimulus with Focus on Agriculture

The Indonesian government is preparing a fiscal stimulus package to mitigate the impact of the El Nino weather phenomenon, which is expected to cause drought conditions. The stimulus aims to support the agricultural sector, particularly in ensuring water availability for farmland. Finance Minister Purbaya Yudhi Sadewa stated that the size of the package is still under discussion. Coordinating Minister for Economic Affairs Airlangga Hartarto emphasized the importance of monitoring developments and tailoring incentives to address regional risks.