Living Lab Ventures (LLV) Attracts Global Investors to Indonesia through Strategic Investment and an Integrated Ecosystem

Jakarta, 13 February 2026 – In an increasingly competitive global investment landscape, success is no longer defined solely by the availability of capital, but by the ability to build strategic collaborations that effectively bridge ideas, markets, and real-world implementation. The combination of cross-border collaboration, execution-ready ecosystems, and strong access to the domestic market has made strategic partnership–based investment models increasingly relevant in attracting global investors to enter and grow in Indonesia. In response to these dynamics, Living Lab Ventures (LLV), the corporate venture capital (CVC) arm of Sinar Mas Land, is strengthening its investment approach through a strategic collaboration ecosystem, particularly in the urban innovation and healthcare sectors. LLV positions itself not merely as an investor, but as a strategic collaboration platform that orchestrates synergies among global investors, corporations, startups, institutions, and strategic partners within a structured, execution-oriented framework. These strategic insights were presented during the LLV Corporate Update and Media Briefing titled “Mobilizing Capital and Global Partnership: Powering Urban and Healthcare Innovation,” held on Wednesday, 11 February 2026, at The Energy Building, South Jakarta. Mulyawan Gani, CEO of Digital Business Sinar Mas Land and Managing Partner of LLV, stated, “Global investors today are looking for more than just investment opportunities. They need partners who can orchestrate collaboration and ensure clear implementation pathways. LLV serves as a strategic bridge connecting global capital with local ecosystems in an integrated manner. This approach positions LLV as a partner capable of lowering market entry barriers and accelerating the validation and adoption of solutions.” LLV’s strategic collaboration model ensures that every investment is supported by a structured go-to-market strategy, access to strategic partners, and clear implementation support. Beyond connecting investors and innovators, LLV also facilitates integration with corporations and relevant ecosystems to enable sustainable business growth. Bayu Seto, Partner at LLV, added, “Our role is to act as a catalyst for cross-border collaboration. We ensure that every partner has access to the networks, infrastructure, and ecosystem needed to scale. With this approach, global investors can move faster and enter the Indonesian market with greater confidence.” Currently, LLV manages four thematic investment vehicles: the City Centric Fund, the Healthcare Fund, the Urban Gateway Fund, and one of its latest funds, the Japan Thematic Fund. All of these investment vehicles are focused on sectors with strong long-term growth potential, particularly in urban development and healthcare services, with an emphasis on implementation readiness, market adoption, and the creation of measurable economic impact. LLV’s key strength lies in its ability to provide a clear entry pathway for global investors and partners. Through its integrated ecosystem, LLV supports global investors not only in deploying capital, but also in understanding the local market context, building relevant local partnerships, and accelerating implementation. This comprehensive approach has strengthened global investor confidence in entering the Indonesian market. Supported by the BSD City ecosystem as a living laboratory and implementation sandbox, LLV provides a space for global partners to pilot solutions, localize business models, and accelerate market development within an integrated environment. Through initiatives such as the International Landing Pad and LLV Innovation Lab (InnoLab), LLV presents a collaboration model that enables global investors and innovators to establish a stronger and more sustainable presence in Indonesia. By strengthening its strategic collaboration–based investment model, LLV reaffirms its commitment to becoming a platform that brings together global capital, innovation, and local ecosystems within a sustainable synergy framework—driving the acceleration of urban innovation and healthcare services while strategically and systematically attracting global investor participation.
Plum Project received recognition in the Sustainable Economic Development Category for Pagatan Usaha Makmur (PUM) Reforestation Initiatives.

A meaningful moment for Dr. Rio Christiawan at the Nusantara Sustainability Trend Forum (NATURE) 2026, broadcast live on Nusantara TV, where leaders across sectors gathered to discuss this year’s theme: “Protecting Nature, Driving the Economy.” The forum opened with welcoming remarks by Dr. Ir. Nurdin Tampubolon, M.M. (Founder & President Commissioner of NT Corp), followed by a keynote speech from Hashim S. Djojohadikusumo (Special Presidential Envoy for Climate and Energy), who shared strategic insights on Indonesia’s climate and energy priorities. As CEO of Plum Project, Dr. Rio Christiawan joined the panel discussion “Transforming Nature into Sustainable Economic Value,” alongside distinguished speakers including Prof. Dr. Arif Satria, S.P., M.Si. (Head of the National Research and Innovation Agency/BRIN) and Boby Wahyu Hernawan (Director of Multilateral Cooperation and Sustainable Finance, Ministry of Finance of the Republic of Indonesia). The discussion highlighted the importance of turning sustainability into measurable economic impact—where reforestation initiatives can contribute not only to environmental restoration, but also to community empowerment and the acceleration of renewable energy transition in line with the Sustainable Development Goals (SDGs). The event was also attended by national leaders and policymakers committed to Indonesia’s sustainable future, including Vice Minister of Forestry, Environment, and Finance, Rohmat Marzuki, S.Hut. Adding to the momentum, Plum Project received recognition in the Sustainable Economic Development category for its reforestation initiatives—reflecting a continued commitment to creating long-term environmental and social impact through sustainable innovation. At SWN PR & Advisory, we are proud to support leaders and initiatives that continue to drive meaningful conversations and collaborative action toward a more sustainable future.
Sinar Mas Land, through Digital Hub in collaboration with the British Council, Welcomes Delegations from More Than 25 UK Universities, Strengthening BSD City’s Position as a World-Class Education Township

BSD City, 11 February 2026 – Sinar Mas Land, through Digital Hub, welcomed a high-level delegation from the British Council together with representatives from more than 25 leading UK universities to the Banten Special Economic Zone for Education, Technology, and International Healthcare (KEK ETKI Banten), also known as the D-HUB Special Economic Zone (SEZ) in BSD City. The visit, which formed part of the British Council East Asia Education Week 2026, marked a strategic step in strengthening higher education cooperation between Indonesia and the United Kingdom, while reinforcing BSD City’s position as a World-Class Education Township developed by Sinar Mas Land. This visit forms part of efforts to strengthen bilateral relations between Indonesia and the United Kingdom, in line with the outcomes of President of the Republic of Indonesia Prabowo Subianto’s working visit to the UK on January 20, 2026, which underscored higher education as a key pillar in the development of human capital. According to data from Statistics Indonesia (BPS), the country currently has a population of approximately 287 million, with around 70 percent comprising Generation Z and Millennials. With Indonesia’s higher education participation rate approaching 50 percent, international collaboration has become crucial in responding to the growing demand for high-quality tertiary education in the country. During the visit, Sinar Mas Land, through Digital Hub, introduced UK university leaders to its vision of transforming BSD City into an integrated innovation ecosystem, supported by world-class infrastructure, regulatory certainty, and investment schemes tailored for international institutions to meet the growing demand for high-quality higher education. Through direct dialogue with the Ministry of Higher Education, Science, and Technology and the National Council for Special Economic Zones (KEK), the delegates explored opportunities for the development of international campuses, Transnational Education (TNE) programs, and long-term research collaboration. The participation of leading universities including King’s College London, Durham University, the University of Edinburgh, the University of Bristol, the University of Glasgow, the University of Leeds, the University of St Andrews, Newcastle University, the University of Liverpool, and the University of Exeter—signals significant potential for increasingly concrete collaborative partnerships. Dr. Beny Bandanadjaja, S.T., M.T, Director of Learning and Student Affairs, Directorate General of Higher Education, Ministry of Higher Education, Science and Technology stated, “We recognise that Indonesia needs partners from other countries. The United Kingdom, for instance, has a long-standing history of developing high-quality higher education. Therefore, we hope that this cooperation—including the establishment of foreign university branch campuses in Indonesia—will contribute to enhancing and strengthening the quality, relevance, and impact of higher education in Indonesia. The establishment of Special Economic Zones (SEZs) in Indonesia also facilitates foreign universities seeking to establish campuses in the country, as these zones offer special regulatory incentives provided by the Indonesian government to support campus development. Beyond that, we expect foreign universities not only to establish their own institutions, but also to collaborate with Indonesian higher education institutions. Through such collaboration, we hope Indonesian universities will be encouraged in progressing towards international standards. Summer Xia, Country Director Indonesia and Director for South East Asia at the British Council, said “At the British Council, we believe that international education partnerships are most effective when they are firmly rooted in local contexts and aligned with national priorities. Today’s visit offers a tangible opportunity for UK university leaders to see first-hand how Indonesia integrates higher education, innovation, and economic development through the Special Economic Zone (KEK) policy in BSD City. This is precisely why we chose BSD City as the venue for this year’s British Council East Asia Education Week. This integrated township reflects Indonesia’s vision of linking higher education with industry and innovation ecosystems. For international partners, this opens up opportunities to move beyond traditional models of collaboration towards more integrated, impact-oriented, and long-term sustainable partnerships.” Bambang Wijanarko, Head of the Bureau for the Control of Special Economic Zones (SEZ), Secretariat General of the National SEZ Council, expressed his support for the British Council’s visit, in line with the direction and commitment of the President of the Republic of Indonesia to strengthening partnerships with leading universities in the United Kingdom for the development of higher education within SEZs. During the President’s visit to the UK, strengthening partnerships for the establishment of new universities in Indonesia became part of the strategic agenda. “We welcome and look forward to the presence of leading UK universities in the ETKI Banten SEZ (D-HUB SEZ) and the Singhasari SEZ as quick wins in realizing the President’s directive to strengthen partnerships between Indonesia and UK universities.” At the same occasion, Irawan Harahap, CEO of Digital Tech Ecosystem & Development Sinar Mas Land, added, “We warmly welcome the visit by the British Council together with representatives from more than 25 leading UK universities, which marks a strategic momentum in strengthening BSD City’s position as a global center for education and innovation. Through Digital Hub and the KEK ETKI Banten, we are not only providing physical infrastructure, but also building an integrated ecosystem supported by regulatory certainty, competitive investment schemes, and strong connectivity between campuses, industry, and government. Education is a fundamental pillar in the development of future cities, and through this international collaboration, we hope to foster an environment that enables global education institutions to grow, collaborate, and make sustainable contributions to talent development and research in Indonesia.” BSD City has evolved into one of Indonesia’s largest and most ambitious integrated smart cities, spanning more than 6,000 hectares with a projected population of 4.5 million by 2035. The mega township is now home to Monash University, Indonesia, Apple Developer Academy @BINUS, Fuji Academy, BINUS University, Prasetiya Mulya, and Atma Jaya University. BSD City is also supported by a range of leading international schools such as ACS, Deutsche Schule Jakarta, Sinarmas World Academy, Jakarta Nanyang School, Sampoerna Academy, Genesis Global Community School, Ilon Academy, Wellington College Independent School Jakarta, and SIS. Through this delegation visit, Sinar Mas Land, through Digital Hub, reaffirmed its commitment to positioning BSD City as a strategic platform for international education and research institutions seeking
Sinar Mas Land through Digital Hub Supports Purwadhika x CCPIT Entrepreneur Program, Strengthen the Collaboration between Indonesia and China

BSD City, January 20, 2026 — Sinar Mas Land, through Digital Hub, supports for the strategic partnership between Purwadhika Digital Technology School and the China Council for the Promotion of International Trade (CCPIT) Commercial Sub-council with the launch of the Purwadhika x CCPIT Entrepreneur Program. This collaborative initiative is designed to foster long-term, mutually beneficial cooperation between Indonesia and China. The collaboration between Purwadhika and CCPIT Commercial Sub-council aims to strengthen entrepreneurial capacity, facilitate the exchange of business knowledge, and enhance cross-border market understanding. This program is expected to support sustainable business growth, expand international collaboration opportunities, and contribute positively to the business ecosystem and economic relations between Indonesia and China. The signing of a Memorandum of Understanding (MoU), conducted by Purwa Hartono (CEO & Founder of Purwadhika Digital Technology School) dan Jason Xiong Canxin (Director of Department of Trade and Investment Promotion of CCPIT Commercial Sub-council) served as the foundation for the implementation of the program. The MoU signing took place on Wednesday, January 14, 2026, at Purwadhika Digital Technology School in BSD City. The Purwadhika x CCPIT Entrepreneur Program is scheduled to be officially launched in the second week of February 2026, with participant intake expected to open in the second week of April 2026. The students who join the Purwadhika x CCPIT Entrepreneur Program not only learn theoretical knowledge but also practical mentorship, access to industrial networks and direct collaboration opportunities with factories in China, enabling them to develop their own brands and market products in Indonesia. The signing ceremony not only marks the beginning of a strategic partnership between two entities, but also reflects Digital Hub’s role as a collaborative space that connects education institutions, business actors and international partners in support of strengthening Indonesia’s entrepreneurial ecosystem. Irawan Harahap, CEO of Digital Tech Ecosystem & Development at Sinar Mas Land, said “The Digital Hub serves as a collaborative platform that brings together education institutions, businesses and global partners. The collaboration between Purwadhika Digital Technology School and CCPIT Commercial Sub- council aligns with our commitment to supporting tenants in building global partnerships and creating tangible impact for business development and talent growth in Indonesia. We believe cross-border collaboration is key to building a resilient entrepreneurial ecosystem. Going forward, Sinar Mas Land through Digital Hub will continue to support similar initiatives aimed at enhancing the capacity of local entrepreneurs, expanding access to global markets and strengthening Indonesia’s position within the international business ecosystem.” Currently, Indonesia entrepreneurs are still facing various challenges, including limited access to reliable Original Equipment Manufacturer (OEM) factories in China, insufficient understanding of manufacturing systems and minimum order quantities (MOQs), quality control and regulatory issues, as well as reliance on traders or intermediaries due to the lack of direct industry connections to the industrial ecosystem in China. This program is expected to provide practical assistance and access to industry networks for participants. Purwa Hartono, CEO and Founder of Purwadhika Digital Technology School explained, “Through the Purwadhika x CCPIT Entrepreneur Program, we aim to provide Indonesian entrepreneurs with hands-on exposure to end-to-end retail business processes, directly from the source. Support from Digital Hub as an enabling ecosystem has been instrumental in realizing this strategic collaboration.” Meanwhile, Jason Xiong Canxin, Director of Department of Trade and Investment Promotion of CCPIT Commercial Sub-council added, “Indonesia has significant entrepreneurial potential. Through this collaboration with Purwadhika and the support of the Digital Hub ecosystem, CCPIT is committed to opening access to trusted manufacturing networks and suppliers in China, while encouraging the development of sustainable business partnerships.” As an educational institution within the Digital Hub ecosystem, Purwadhika Digital Technology School plays a strategic role in bridging the development of talent and entrepreneurship with cross-border collaboration opportunities, in line with Digital Hub’s increasing focus on strengthening the education sector as a key ecosystem driver. By fostering cross-sector collaboration, Digital Hub creates an environment that supports global knowledge exchange, innovation development, and sustainable entrepreneurial growth. Through these initiatives, Digital Hub not only strengthens the quality of education but also opens access for Indonesian talent and entrepreneurs to connect directly with global ecosystems. Beyond this, Digital Hub carries the vision of developing BSD City as a world-class education hub, where educational institutions, industry players, and global partners are integrated within a mutually reinforcing ecosystem. (*)
TransTRACK Wins Halal Logistics Excellence Award from Halal Development Corporation Berhard at the World Halal Excellence Awards 2024 in Johor, Malaysia

Johor, Malaysia, 12 December 2025 — TransTRACK, a technology enabler focused on digitizing fleet operations through fleet operation optimizer and supply chain integrator solutions based on Internet of Things (IoT) and Artificial Intelligence (AI), through its Malaysian entity, Indo Trans Teknologi Sdn Bhd, announced it has been honored with the Halal Logistics Excellence Award at the World Halal Excellence Awards 2024 (WHEA2024) in Johor, a premier global recognition platform organized annually by Halal Development Corporation (HDC) reaffirms TransTRACK’s position as a strategic partner in driving innovation, leadership, and operational excellence across Malaysia’s and the broader global halal industry. The awards were presented by Johor Menteri Besar, Datuk Onn Hafiz Ghazi, accompanied by HDC acting chairman, Datuk Azhari Shaari, underscoring TransTRACK’s fast-growing role in strengthening halal integrity and supply chain transparency through technology, particularly via Halal Logistics Platform (HLP), a digital solution designed to safeguard halal integrity across transportation, storage, and distribution through data, verification, and traceability. Founded in 2023, TransTRACK Malaysia (operating through Indo Trans Teknologi Sdn Bhd) was appointed in 2024 by PIJ Halal Venture Sdn. Bhd. (PHV) as a technology integrator for the development of the Halal Logistics Platform (HLP). The appointment supports Johor’s and Malaysia’s strategic mission to build a globally competitive halal ecosystem. WHEA2024 reinforces Malaysia’s position in the global halal economy at a time when HDC has projected the halal sector to reach US$5 trillion by 2030. Johor’s strategic location, infrastructure strength, and industrial ecosystem continue to position the state as a key node in the intensifying competition for global halal trade routes—creating strong tailwinds for digital and operational upgrades across halal logistics. Anggia Meisesari, Founder & CEO of TransTRACK, stated, “Receiving the Halal Logistics Excellence Award at WHEA2024 is a powerful affirmation that halal integrity must now be engineered into operations—measured, auditable, and provable through data. With our Halal Logistics Platform, we are building a digital trust system—one that supports regulators, industry players, and consumers by safeguarding halal compliance end-to-end, from manufacturing and transport to storage and distribution.” Anggia added that the Johor initiative is a key model for the region. “It is an honor that TransTRACK has been trusted as the technology integrator to support Johor’s halal system, including the future readiness to integrate with broader trade infrastructure and cross-agency workflows. What we build here can become a reference point for scalable halal logistics integrity across the region.” TransTRACK’s Halal Logistics Platform (HLP) is designed to support halal compliance through digital verification, audit trails, automated alerts for potential protocol violations, and a compliance dashboard that helps stakeholders monitor halal-certified goods movement with greater confidence and speed. Aris Pujud Kurniawan, Co-founder and Chief Technology Officer of TransTRACK, emphasized the platform’s engineering approach to integrity and governance, “Halal logistics requires more than compliance statements—it requires systemized controls. Our focus is to translate halal requirements into measurable operating parameters, supported by real-time monitoring and verifiable records. With HLP, we’re building the digital rails for halal integrity—so businesses can scale with confidence, and governance can be strengthened through transparency, accountability, and operational discipline.” TransTRACK’s longer-term vision is to become a regional digital halal integrator, setting a new benchmark for technology-enabled halal logistics systems that can be adopted across multiple markets—supporting stronger international trust, smoother trade readiness, and higher integrity across supply chains. “Halal is evolving—trust, integrity, quality, and sustainability are becoming inseparable from competitiveness. This recognition encourages us to keep building systems that help halal ecosystems grow not only in scale, but also in credibility.” Anggia concluded.
Sinar Mas Land, Through Digital Hub, Collaborates with Holywings Group to Successfully Hold Padel Tournament in BSD City

BSD City, December 1, 2025 — Amidst the rapid growth of the urban community and businesses in BSD City, padel has become a symbol of an active, productive, and connected lifestyle. According to the International Padel Federation (FIP), Indonesia is currently ranked 29th in the world and 6th in Southeast Asia for the fastest-growing padel trend. Seizing this opportunity, Sinar Mas Land, through Digital Hub, in collaboration with Holywings Group, held the Digital Hub Padel Tournament 2025 on Friday (November 28) at Holywings Padel Club, QBig BSD City. This tournament aims to open up collaboration opportunities between padel enthusiasts, the Digital Hub ecosystem partners, the BSD City urban community, and the industry and business community. With over 80 participants, the Digital Hub Padel Tournament 2025 brought together a cross-industry community, including entrepreneurs, startup founders, digital creators, influencers, and professionals, in a friendly competition that strengthened business and community networks. The tournament consists of three main categories: General (mixed pairs), All-Stars (celebrities), and C-Level & Influencers (fun match), with a total prize pool of IDR 130 million. The padel match format consists of 10 minutes of play and 5 minutes of rotation between pairs, with all matches taking place in parallel on six actively used courts. This prestigious event reinforces the Digital Hub’s position not only as a business district but also as a community-powered growth platform and gateway to Sinar Mas Land’s multi-sector ecosystem and other Sinar Mas pillars. As an orchestrator of community-based partnerships and growth, the Digital Hub continues to present initiatives that bring together diverse business actors, creative industries, and lifestyle communities within a single, inclusive and dynamic ecosystem. Irawan Harahap, CEO Digital Tech Ecosystem and Development Officer at Sinar Mas Land, said, “The Digital Hub is a community-powered growth platform that unites various sectors in one dynamic, community-based ecosystem. This padel tournament is not just a sporting event, but a meeting space that strengthens collaboration, expands networks, and opens up opportunities for growth across industries. This reflects how the Digital Hub acts as a gateway for businesses to connect and create shared value. Community-based activities, including an active lifestyle, are a vital part of strengthening our DNA as an economic catalyst and hub for urban growth. With the rapid growth of padel, we are optimistic that this tournament will create new opportunities for sports entertainment and strengthen BSD City’s position as a lifestyle destination and a progressive business community.” Ivan Tanjaya, Chief Commercial Officer of Holywings Group, explained, “This collaboration affirms Holywings Padel Club’s commitment to being at the forefront of padel development in Indonesia. We are not only building facilities, but also creating a movement that combines sport, community, and lifestyle into one dynamic ecosystem. Together with Sinar Mas Land’s Digital Hub, we want to promote padel as a new urban sport that is relevant, competitive, and has a bright future in Indonesia.” Several well-known Indonesian celebrities competed in the All-Stars category, including Sammy Simorangkir, Wijaya Saputra, Gisella Anastasia, Cinta Brian Glen Roberts, Gading Marten, Dennis Adhiswara, Atta Halilintar, Angela Rosali, Enzy Storia, and others. The presence of these public figures added to the competition’s appeal and enlivened the proceedings. Indonesian actress and model Enzy Storia said the Digital Hub padel tournament was exciting and that she truly enjoyed the atmosphere of the matches. “It was really fun, especially because this is my first time coming here and the place is huge. Even though this is the first time the tournament is being held, the participants are so many, which makes it even more exciting. God willing, I will come back again to QBIG BSD City,” Enzy explained. Similarly, Gading Marten, Indonesian actor and presenter, expressed his excitement about being able to participate in this year’s Digital Hub padel tournament. “The tournament is great. The venue is really proper—very cool, because usually when playing padel the complaint is about the heat, but here it’s comfortable and the people who come are fun. Especially the celebrity match, where all my friends can play padel, so it was really fun,” Gading said. Holywings Padel Club strengthens the Digital Hub ecosystem as a lifestyle sports community through its international-standard padel facilities, consisting of six standard courts and one tribune court. The venue is supported by good air circulation and temperature control with air conditioning, F&B areas, and a target to expand to more than 10 padel courts across Indonesia by 2026. Through this tournament, Digital Hub reinforces its role as Indonesia’s most comprehensive business ecosystem, integrating national to multinational companies within one collaborative environment. With world-class infrastructure, diverse tenants, and curated initiatives such as this padel tournament, Digital Hub serves as an economic catalyst, community hub, and a gateway for multi-sector collaboration—both in BSD City and across Sinar Mas Land’s developments throughout Indonesia. This also further demonstrates BSD City’s position as a mega-township that supports a healthy lifestyle, offering complete sports facilities and excellent accessibility, making it increasingly easy to reach. (*)
TransTRACK Signs Joint SOP with the Directorate General of Customs and Excise (DJBC) – KPPBC Tanjung Emas, Strengthening the National E-Seal System to Support Logistics Digitalization and Transparency in Import and/or Export Activity Supervision

Semarang, November 28, 2025 — TransTRACK, a leading tech enabler focused on fleet operation optimization and supply chain integration through advanced solutions powered by the Internet of Things (IoT) and Artificial Intelligence (AI), has officially signed a Joint Standard Operating Procedure (SOP) with the Directorate General of Customs and Excise (DJBC), KPPBC Tanjung Emas. This SOP is part of the Work Instruction (ISK) for the Implementation of E-Seal for the transportation of imported and/or exported goods. This SOP aims to replace conventional physical seals with electronic seals that enable real-time monitoring of the container’s location and status through an electronic system approved by Customs and Excise. In this SOP, E-Seal is defined as an electronic seal equipped with a digital device and connected to a specific system approved by Customs and Excise Officials. The implementation of E-Seal encompasses a series of obligations, including the use of E-Seal devices on containers, technological integration with the Service Computer System (SKP), uploading installation and removal documentation, and reporting of problems that must be followed up within established timeframes. The SOP also stipulates that service users—whether importers, exporters, transporters, TPS operators, or other business actors involved in customs clearance—must obtain approval documents such as a Letter of Approval for Onward/Onward Transport Release (BC 1.2), a PLP, or a storage permit outside the customs area, before submitting an E-Seal request to a provider. Furthermore, E-Seal providers, such as TransTRACK, are required to ensure device availability, functional reliability, system integration, follow-up on disruption reports, and the necessary technical documentation as per the work contract. Furthermore, the SOP emphasizes that each shipment must be accompanied by a complete Route Plan, including the travel route, geofence, estimated distance, and estimated travel time. E-Seal must periodically transmit its location (Location Sharing Interval) to ensure the position of the goods within the established geofence. The process of installing and removing the E-Seal, including uploading documentation photos to the SKP, must be carried out in a timely manner according to operational norms, namely installation within 5 minutes, uploading installation photos within 10 minutes, removal within 5 minutes, and uploading removal documentation within 10 minutes. Anggia Meisesari, Founder and CEO of TransTRACK, stated that this collaboration is a crucial step in strengthening national logistics governance. “TransTRACK is proud to be part of Customs and Excise’s digital transformation through the implementation of the standardized E-Seal in this official SOP. The integration of E-Seal with the SKP ensures more transparent and accurate oversight. With the support of IoT and AI, our technology not only enhances security but also accelerates the logistics service process and minimizes the potential for irregularities,” explained Anggia. Tri Utomo Hendro Wibowo, Kepala Kantor Bea Cukai Tanjung Emas, emphasized the vital role of E-Seal in modernizing public services. “This Work Instruction underscores our commitment to providing professional, accountable, and transparent customs services. Through the standardized procedures in this Joint SOP, E-Seal monitoring can be carried out in real time and efficiently, while maintaining the smooth flow of goods,” explained Tri Utomo. As an E-Seal provider integrated with the customs system, TransTRACK presents the TransTRACK E-Seal, which meets all the requirements of the Customs SOP. From real-time tracking and anti-manipulation locking mechanisms to full integration with SKP through the TransTRACK Fleet Management System platform, features such as cargo tracker mode, forced opening detection, lock-unlock capability via app/RFID/Bluetooth, and a battery life of up to 7 days ensure this technology is ready to support all operational stages as stipulated in the ISK and SOPs. The signing of this Joint SOP strengthens the synergy between TransTRACK and the Directorate General of Customs and Excise and the Tanjung Emas Office of Customs and Excise in realizing a modern, efficient, secure, and accountable container monitoring system. TransTRACK’s e-Seal is a crucial component in accelerating the digitalization of Indonesian logistics and continuously improving compliance and the integrity of customs services.
Continuing Middle East Market Expansion, TransTRACK Showcases Maritime Innovation at Marine & Offshore Qatar 2025

Doha, Qatar, November 21, 2025 — As part of its expansion into the Middle East, TransTRACK, a leading tech enabler focused on fleet operation optimization and supply chain integration through advanced solutions powered by the Internet of Things (IoT) and Artificial Intelligence (AI), showcased its suite of integrated maritime solutions at the Marine & Offshore Qatar International Expo & Conference 2025 held at the Sheraton Grand Doha Resort & Convention Hotel, Qatar. This event follows TransTRACK’s exploration of the Middle East market last year through the Fleet Safety & Sustainable Mobility Summit 2024 in Riyadh, Saudi Arabia. The Marine & Offshore Qatar International Expo & Conference 2025 is one of the most prestigious maritime events in the Middle East, bringing together shipowners, offshore operators, energy companies, port authorities, and global technology providers. This year, the primary focus is again on the digitalization of the maritime sector, from operational efficiency and supply chain transparency to enhanced security, as technology demands increase to support the growth of the oil and gas industry and offshore operations in Qatar. TransTRACK’s presence at the Marine & Offshore Qatar International Expo & Conference 2025 was warmly welcomed by the Indonesian Embassy in Qatar (KBRI Qatar). Ridwan Hassan, Indonesian Ambassador to Qatar, said, “We appreciate TransTRACK’s participation in this international exhibition. As an Indonesian technology company, TransTRACK is capable of delivering superior, internationally competitive technology-based solutions. TransTRACK’s innovations have successfully improved operational efficiency and safety, including in the maritime sector. We hope that through participation in this exhibition, TransTRACK will be even more successful, continue to grow, build networks, and explore new opportunities.” Anggia Meisesari, Founder & CEO of TransTRACK, stated, “TransTRACK’s participation in this event underscores TransTRACK’s commitment to providing digital solutions that can accelerate maritime transformation, support offshore exploration activities, and strengthen data integration across stakeholders in the modern maritime industry.” Anggia explained that the growing demand for the maritime market in Qatar is driving TransTRACK to strengthen digital innovation in the marine and offshore sector, aligning with national priorities in Qatar National Vision 2030 (QNV2030) and National Development Strategy 3 (NDS3), which emphasize energy efficiency, optimization of offshore operations, and accelerated digitalization of strategic industries. With Qatar’s focus on building a more modern and sustainable maritime ecosystem, TransTRACK believes that the future of this sector depends on the ability to intelligently connect data, processes, and assets, and TransTRACK is ready to play a key role in supporting this transformation. Aris Pujud Kurniawan, Co-founder and Chief Technology Officer of TransTRACK, added, “Through participating in this event, we aim to better understand the specific needs of the Middle East market, particularly the marine & offshore sector in Qatar. By leveraging IoT and AI, TransTRACK technology has been proven to increase fleet productivity by up to 40% and reduce operational costs by up to 30%. This is achieved through our Vessel Monitoring System, which enables real-time vessel monitoring with integrated position tracking, fuel consumption monitoring, and engine performance monitoring, a highly relevant solution for offshore operations that require high efficiency, accuracy, and reliability.” The Qatar market and the Middle East region are currently undergoing a major transformation in the transportation, logistics, and marine & offshore sectors in line with national priorities outlined in Qatar National Vision 2030 (QNV2030) and National Development Strategy 3 (NDS3). Both agendas emphasize energy efficiency, emission reduction, digitalization, and enhancing national logistics competitiveness. Research by PwC Middle East and McKinsey shows that Qatar continues to invest heavily in technologies such as the Internet of Things (IoT), automation, digital fleet management, and smart port systems to support supply chain integration and optimize maritime operations. However, Qatar and the surrounding region continue to face structural challenges, such as the vast scale of the regional logistics network, high operational costs, and the need to serve industrial and offshore areas located far from distribution centers. An International Road Transport Union (IRU) report notes that supply chain fragmentation remains a barrier to regional efficiency, while the World Bank Logistics Performance Index indicates that despite increasing infrastructure investment, digital capabilities and operational integration still need to be strengthened for Qatar to achieve its QNV2030 and NDS3 targets. Therefore, the implementation of advanced technology and sustainable solutions remains key to increasing the productivity, efficiency, and resilience of Qatar’s logistics and maritime sector, making it increasingly competitive as a regional and global logistics hub. Furthermore, TransTRACK’s presence at the Marine & Offshore Qatar International Expo & Conference 2025 further emphasized the company’s role in advancing Indonesian maritime technology globally. Through the presentation of its Bunker Monitoring System and Cargo Tank Monitoring System, which ensure accurate and transparent fuel transfer processes supported by Coriolis flow meters, pressure, and temperature sensors as well as its innovative CCTV and AIS Receiver-based Port Surveillance System integrated with the DJPL’s I-Motion platform, TransTRACK demonstrated a real commitment to providing comprehensive solutions for port efficiency and security. Furthermore, the various case studies and implementation experiences shared demonstrate how TransTRACK technology has helped global partners reduce operational costs, improve safety, and ensure compliance with international maritime regulations. All of this marks TransTRACK’s progress in strengthening its position as a pioneering maritime technology solution ready to compete and contribute to the global ecosystem.
Orange Forum 2025: Transforming Dialogue into Action to Mobilize Orange Capital to Close SDG Financing Gap

Jakarta, November 17, 2025 – With trillions of dollars needed to achieve the Sustainable Development Goals (SDGs), and women and marginalized groups in the Global South continue to face systemic barriers to capital, Orange Forum 2025 convened over 300 institutional investors, policymakers, and civil society leaders to set pathways to scale Orange Capital solutions globally. Through dialogues on Global South leadership, policy frameworks, innovative instruments, and data-driven impact measurement, participants laid the groundwork to achieve the Orange Movement™’s mission to mobilize US$10 billion by 2030 to empower 100 million women, girls, and gender minorities, accelerating progress toward closing the SDG financing gap. The discussions also amplified Indonesia’s leadership role in the Orange Movement. The Orange Forum 2025 was initiated by Impact Investment Exchange (IIX), in partnership with the Indonesia Stock Exchange (IDX), the Indonesian Ministry of National Development Planning (Bappenas), and the Australian Department of Foreign Affairs and Trade (DFAT). The forum marked a decisive shift from fragmented, grant-based approaches to economic development to market-led, ecosystem-wide solutions. As the SDG financing gap balloons into the trillions, leaders from across the Global South gathered at the Forum to advance climate-smart, gender-equal finance that unlocks private capital at scale. The forum’s highlights included a bell-ringing ceremony, a formal celebration of PT Permodalan Nasional Madani’s (PNM) Orange Bond and Orange Sukuk issuances, valued at around US$980 million. This establishes Indonesia as a global leader in issuing the world’s largest Orange Bond and first Orange Sukuk, designed to empower 15.7 million women entrepreneurs. Orange Capital—encompassing Orange Bonds™, Orange Sukuk™, loans, and guarantees—is a cross-cutting asset class at the nexus of gender equity and climate action. Operating under the Orange Bond Principles™, which require measuring, reporting, and verifying impact with women at the last mile, it represents the gold standard addressing impact-washing in sustainable finance. Over 10 Orange Bonds have catalyzed US$1.4 billion across Bangladesh, India, Indonesia, the Philippines, Japan, Sri Lanka, the US, Vietnam, and beyond. “The Orange Movement™ is proving that market-led solutions can help close the SDG financing gap,” said Prof. Durreen Shahnaz, Founder and CEO of IIX. “By recognizing women as multipliers, we show how building inclusive capital markets achieves true climate justice, a just transition, and equitable economic growth.” she added. Leonardo Teguh Sambodo, Deputy Minister of Food, Natural Resources, and Environment, Kementerian PPN/Bappenas, emphasized, “Orange Bonds transcend traditional sustainable bonds. Unlike conventional green bonds focusing primarily on environmental outcomes, Orange Bonds uniquely address the intersection of social and environmental impact while enhancing transparency. We see this as a powerful mechanism to accelerate global SDG progress and strengthen the Global South’s leadership in sustainable finance. Indonesia’s leadership—with 62% of SDG indicators on track and more than US$10 billion channeled through thematic bonds and sukuk—demonstrates what’s possible when we place women and underserved communities at the center as equal partners,” I Gede Nyoman Yetna, Listing Director of IDX, stated, “Orange Forum 2025 demonstrates the power of the Orange Movement and Indonesia’s role in global sustainable finance. The Forum also reflects IDX’s commitment to equip capital market participants to lead climate-smart and gender-lens investments, building a new generation of investors who see equality as an engine of growth.” Unlike traditional conferences, Orange Forum 2025 served as an action platform, convening institutional investors, policymakers, regulators, multilateral institutions, enterprises, civil society, and data specialists to co-create solutions. This ecosystem approach addresses regulatory frameworks, market infrastructure, legal institutions, data systems, and capital mobilization simultaneously. Orange Forum 2025 positions the Orange Movement™, with Indonesia among the leaders and catalyst, at the forefront of transforming global sustainable finance. By uniting governments, investors, and communities through innovative finance and ecosystem-wide collaboration, the forum proves that when women and marginalized communities are empowered as equal partners, entire economies grow stronger and more resilient to future shocks.
Living Lab Ventures (LLV) Launches Japan Thematic Fund to Strengthen Economic Growth and Strategic Collaboration between Japan and Southeast Asia

BSD City, November 6, 2025 – Living Lab Ventures (LLV), the corporate venture capital arm of Sinar Mas Land, in a strategic partnership with Spiral Ventures, today announced the launch of the Japan Thematic Fund, a landmark initiative designed to strengthen economic collaboration and unlock new opportunities for strategic growth between Japan and Southeast Asia, with Indonesia at its core. The launch also marks the fund’s first close, which was officially formalized through the signing of a Memorandum of Understanding (MoU) on Wednesday, November 5, 2025 in BSD City, Indonesia. The MoU was signed by Mulyawan Gani (CEO of Digital Business, Sinar Mas Land), Yuji Horiguchi (Managing Partner, Spiral Ventures), Kazuyoshi Mizukoshi (Chief Investment Officer, Cool Japan Fund), Daisuke Ejima (President Director, Bank Danamon Indonesia), Ferdinand Sadeli (Deputy Group CEO & Chief Investment Officer, Sinar Mas Land), Takahiro Waki (Chief Financial Officer, Culture Convenience Club), Asamitsu Kosugi (Chief Executive Officer, Advasa), and Kanae Kubo (Senior Manager, Rohto Pharmaceutical). The signing was witnessed by Michael Widjaja (Group CEO, Sinar Mas Land) and Shingo Kobayashi (Director, Chairman Office at Sinar Mas Group & Advisor at Japan Thematic Fund). The Japan Thematic Fund is supported by a strong syndicate of strategic investors from both Japan and Indonesia. Among them is Cool Japan Fund, a Japanese public–private investment fund dedicated to contributing to the sustainable growth of Japan’s economy by expanding overseas demand and supply for attractive products and services that reflect Japan’s unique lifestyle and culture. Cool Japan Fund joins as one of the key investors in the fund. Other investors include Bank Danamon Indonesia, a member of the MUFG Group; Rohto Pharmaceutical; Advasa; Culture Convenience Club (the holding company of TSUTAYA, one of Japan’s largest bookstore chains); and Sinar Mas Land, which also serves as a cornerstone limited partner. This collaboration reflects growing confidence in the potential of strategic investment between Japan and Southeast Asia, reinforcing the shared mission to create long-term economic value and deeper bilateral cooperation. The collaboration between Living Lab Ventures and Spiral Ventures form a powerful alliance that not only mobilizes capital but also enables collaboration, market access, and business synergy between Japanese and Southeast Asian companies. LLV leverages its innovation ecosystem in BSD City, Indonesia, which has become a hub for digital transformation and smart city developed by Sinar Mas Land. This mega township has become a prime destination for businesses to grow, offering an ideal environment for global investors and innovators to collaborate, test new ideas, and scale their ventures across markets. LLV plays a vital role in bridging collaboration between global investors and Indonesian startups, positioning itself as a key connector in the regional technology landscape. Meanwhile, Spiral Ventures will bring extensive experience from its operations across Asia, with a focus on investing in companies capable of solving social challenges and shaping the future of emerging markets. Bayu Seto, Partner at Living Lab Ventures, stated, “The Japan Thematic Fund reflects Indonesia’s emergence as a key innovation hub and gateway for international collaboration. The participation of Cool Japan Fund and other leading investors underscores the growing global confidence in Southeast Asia’s potential and validates our mission to build meaningful, cross-border partnerships. With Cool Japan Fund’s involvement, we are not only deepening the connection between Japanese capital and Southeast Asian innovation but also creating an enduring platform for founders to grow beyond borders. Our commitment goes beyond financial returns—we aim to nurture long-term collaboration and empower ventures that embody the shared spirit of innovation between Japan and Southeast Asia.” Yuji Horiguchi, CEO and Managing Partner of Spiral Ventures, emphasized, “This initiative goes far beyond investment—it represents true integration. By uniting Japan’s technological precision and cultural excellence with Southeast Asia’s entrepreneurial energy and speed, we aim to create new business models, foster sustainable innovation, and generate social impact that transcends borders. This fund embodies our belief that collaboration between Japan and Southeast Asia will define the next wave of growth and innovation across the region.” Mulyawan Gani, CEO of Digital Business of Sinar Mas Land, emphasized, “We are proud to see this collaboration come to life, bringing together respected institutions from Japan and Indonesia. The Japan Thematic Fund represents a commitment by Sinar Mas Land through LLV and other partners to strengthen the economic ties between our nations through innovation and technology. With Cool Japan Fund’s participation and the expertise of our partners, we are creating a foundation for long-term collaboration that will generate shared prosperity for both Japan and Indonesia.” The launch of the Japan Thematic Fund builds upon LLV’s broader mission of shaping BSD City as Indonesia’s leading ecosystem for digital innovation and smart city development. By leveraging Sinar Mas Land’s extensive business ecosystem across real estate, digital technology, and community development, LLV is uniquely positioned to help startups validate, scale, and create meaningful partnerships with corporates in both Indonesia and Japan. With this fund, LLV and Spiral Ventures reaffirm their commitment to advancing high-impact ventures and creating a borderless innovation ecosystem where Japan and Southeast Asia can collaborate to tackle industry challenges, accelerate growth, and unlock new economic opportunities. (*)