Construction of Indonesian telecom satellite to start this month

In:

IT and telecoms

Region:

Asia-Pacific

Construction of the $550 million Indonesian telecommunications satellite project - called Satellite of Republic of Indonesia - is set to start this month, Pasifik Satelit Nusantara announced.

French-Italian company Thales Alenia Space is designing and manufacturing the satellite, which is being financed by Korea Development Bank, HSBC, and Banco Santander.

The project began in 2019 when Indonesia’s Ministry of Communication and Information Technology selected domestic satellite operator Pasifik Satelit Nusantara to deploy and operate the telecommunications satellite, and Thales was awarded the contract to design and build.

The multifunction Ka-band satellite will have a capacity of 150Gbps, using Very High Throughput Satellite technology. A portion of the investment will be funded by the Pasifik Satelit Nusantara consortium’s capital.

View source

Why MDBs are tapping short-term bonds in 2025

Perspective

06 June 2025

Why MDBs are tapping short-term bonds in 2025

If the long end of the bond market were a dinner party, right now you’d hear a lot of awkward coughs and clinking ice as uncertainty grows and term premiums rise. Meanwhile,...

Cuvalo on HBOR’s resilience meets internationalisation philosophy

Interview

13 June 2025

Cuvalo on HBOR’s resilience meets internationalisation...

Hrvoje Čuvalo, President of the Management Board of the Croatian Bank of Reconstruction and Development, HBOR, and host of the Berne Union’s Spring Meeting in Dubrovnik,...

Must See

20 minutes with: Faruq Muhammad, Standard Chartered

Video

06 May 2025

20 minutes with: Faruq Muhammad, Standard Chartered

Uxolo speaks with Faruq Muhammad, Global Head, Development & Agency Finance at Standard Chartered Bank, guiding listeners through candid conversations on the bank’s role in global development finance, highlighting both challenges and opportunities across emerging markets. Faruq raises several thought-provoking topics that reveal how Standard Chartered operates at the intersection of commercial banking and development impact.

Perspective

06 June 2025

Why MDBs are tapping short-term bonds in 2025

If the long end of the bond market were a dinner party, right now you’d hear a lot of awkward coughs and clinking ice as uncertainty grows and term premiums rise. Meanwhile, MDBs have pivoted to shorter liabilities with less execution risk and tighter pricing.

Interview

13 June 2025

Cuvalo on HBOR’s resilience meets internationalisation philosophy

Hrvoje Čuvalo, President of the Management Board of the Croatian Bank of Reconstruction and Development, HBOR, and host of the Berne Union’s Spring Meeting in Dubrovnik, discusses HBOR’s evolution and priorities in development (and export) finance. How is HBOR developing its resilience and endeavouring to mobilise private capital and internationalise Croatia’s economy?