Thanks to a concerted coordinated effort by APEC member economies, the challenge of doing business in the Asia-Pacific region has improved significantly in the past two years.
Indonesia Tender and Business News
As fintech continues to consolidate within Asia, Hexindai Inc., a Chinese consumer lending marketplace, has entered into agreements to purchase a 20% stake in Musketeer Group, an Indonesian online lending platform which allows consumption installment loans, as of August 9, 2018.
Chinese-based aircraft leasing company CMIG Aviation Capital, wholly owned by China Minsheng Investment Group just received delivery of one Boeing 737 MAX 8 aircraft MSN 43000 in Seattle to be operated by Lion Air.
Alam Sutera, a major Indonesian property developer, is continuing the development of its low-rise apartment concept with its two new towers development, Lloyd Signature.
PT Federal Karayatma (FKT), one of Indonesia's largest manufacturers and sellers of motorcycle lubricants, was recently acquired by ExxonMobil from PT Mitra Pinasthika Mustika Tbk. and its affiliate.
The Unit 2 Gas Turbine Combined Cycle System being built by Mitsubishi Hitachi Power Systems, Ltd. (MHPS) at the Tanjung Priok Power Plant in Indonesia was just completed.
In keeping with a new trend towards lower cost travel, Indonesian hospitality management company Archipelago International just launched Nomad Hostel, a new brand bringing together dormitory-style shared rooms and bathrooms, plus a lounge, restaurant, laundry facilities and high-speed WiFi.
Despite common Western beliefs, there is a group of Islamic people -- the Minangkabau in Indonesia's West Sumatra region -- with a unique culture which researchers say could be making them more resistant to Islamic radicalism than other groups.
Indonesia, the fifth largest greenhouse gas (GHG) polluter in the world as well as the world's second-largest plastic polluter after China, is well under its Paris Accords target to reduce emissions by 29%.
PT Bank Rakyat Indonesia (Bank BRI), a state-owned bank and the largest bank in Indonesia, selects Hughes Network Systems, a provider of broadband satellite networks and services located in Maryland, to power next generation satellite network.
For most of history all populations in the world grew with more children compared to the adult populations. Now Asia is facing a crisis because of the presence of less children and a higher percentage of adults. Representatives across the region gathered June 12-13 in Mongolia to discuss the issue.
Sharp Energy Solutions Corporation (SESJ) just finished construction on a solar power plant for the Jakabaring Sports City sport complex in Palembang, South Sumatra, Republic of Indonesia.
Below is the latest edition of AsiaBizNews' list of trade shows and exhibitions of interest in the coming three month period. Highlights this time include : the Shanghai International Building Technology (SIBT) and the latest International Power Generation Transmission & Distribution Technology Exhibition, Vietnam; both are happening in September. Please contact us if you have an event you would like to see included in our next list.
The APEC Secretariat Executive Director and the World Trade Organization Director-General spoke together recently of the importance of coordinated trade to ensure maximum benefit to APEC's member nations.
Indonesia was just granted a total of $1 billion from the Asian Development Bank. The purpose is to help the country implement further fiscal and public expenditure reform while still allowing for new investments to reduce poverty and income inequality.
The APEC member economies are collaborating to leverage advancement in gender equality and digital technology access to grow women-led development in the region's Tourism industry sector.
Manila-based Asian Development Bank (ADB) announced on May 24 it is providing approximately $40 million towards the first utility-scale solar photovoltaic (PV) plants in Indonesia.
On May 25-26, the APEC Ministers Responsible for Trade Meeting will take place in Port Moresby, Papua New Guinea, with the goal of helping secure economic growth for the future in all of Asia-Pacific.
Indonesia recently completed the final phases of implementation of The Indonesia Compact, a program run in partnership between Indonesia and the U.S. Government to reduce poverty through economic growth, recently completed its final phases of implementation.
The Asia-Pacific Economic Cooperation (APEC) economies are taking steps to align medical product approval procedures throughout the Asia-Pacific region. It will ease technical bottlenecks, will support healthcare business growth, and will save lives.
Sabre Corporation, a technology provider to the travel industry located in Singapore, announced a new content distribution agreement with Lion Air, the largest privately-owned airline in Indonesia, to offer Lion Air content in the carrier's home market.
One of the larger Indonesian hospitality management companies, Archipelago International, has signed a letter of intent with NWP Retail to develop 14 new hotel projects.
The Kanmo group of Indonesia just launched the very first e-commerce store for Justice, a major American brand for tween girls, at Shopjustice.co.id.
A pulp and paper mill in Sumatra, Indonesia, has placed an order for a steam turbine power generation system through Mitsubishi Hitachi Power Systems, Ltd. (MHPS) of Japan.
A new Asian Development Bank (ADB) report says that economies in developing Asia are growing faster now, supported by continued high demand for exports and rapidly expanding domestic demand.