While detailed requirements for it are still being drawn up, the state-run Philippine National Oil Co. (PNOC)’s proposed liquefied natural gas (LNG) facility has drawn strong interest from some of the biggest players in the business.
Japan Tender and Business News
With an eye to the growing importance of urban development especially in Southeast Asia's emerging economies, Mitsubishi Corporation (MC) and Surbana Jurong (SJ), a wholly-owned subsidiary of Temasek Holdings, a Singapore government affiliated investment company, have formed a joint venture targeting acquisition of $2.5 billion in urban development projects in Asia.
Plans to move the long-established US Marine Corps Air Station Futenma may be shelved after the September 9 elections in Okinawa.
The government of China is looking to accelerate its domination of the world telecommunications industry, this time through the possibility of combining its two wireless carriers.
Up until now, Myanmar has imported most of its buses. A new joint venture between the Myanmar government and South Korea’s Zyle Daewoo Commercial Vehicle is going to change all that.
DENSO Corporation, Aisin Seiki Co., Ltd., ADVICS Co., Ltd., and JTEKT Corporation are creating a joint venture enterprise focused on automated driving and vehicle dynamics control via ECU software.
As a result of a major government push, Canada just announced it has secured market access to sell British Columbia fresh cherries to Japan.
Japan-based GROUND Inc., a company focusing on advanced technologies in the logistics industry, just announced it will be collaborating with HIT Robot Group of China (HRG) to develop new technology solutions for advanced logistics.
Japan-based Mitsui Chemicals just announced it will be building a new production plant for LUCANT™, hydrocarbon-based synthetic fluid, at its Ichihara Works in response to the expansion of global demand.
Delphi, Indiana-based Indiana Packers Corporation (IPC), a subsidiary of Mitsubishi Corporation (MC), is acquiring 100% of Specialty Foods Group, LLC (SFG), a manufacturer of processed meat products in the United States.
JOLED Inc., a Tokyo-based developer of printed organic light-emitting diode (OLED) displays, has received a 30 billion yen investment ($270 million) from DENSO Corporation.
California-based Visa announced it investing in Paidy, Japan's first instantly-issued post-pay credit service for ecommerce consumers.
The Hyatt Regency Seragaki Island Okinawa, part of the Chicago-based Hyatt Hotels chain and built on a private island connected to the main island of Okinawa, just opened. It represents the first beach resort it has ever opened in Japan.
Soma Energy Park, a pulverized coal and biomass co-firing power plant in Soma-shi, Fukushima Prefecture Japan, was updated to optimize thermal power plant operations using Mitubishi Hitachi Power Systems, Ltd. (MHPS)'s digital solution service MHPS-TOMONI.
As part of a combined field research and promotional event, Toyota will begin the fifth leg of its 5 Continents Drive Project in Africa, the fourth continent of the project. The goal of the 5 Continents event is to gather information to help design better cars.
Sen Do Technology JSC, one of the largest Vietnamese ecommerce businesses, just secured a U.S. $51 million Series-B investment led by the SBI Group from Japan.
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.
Konica Minolta Business Solutions U.S.A., Inc., a manufacturer of office equipment (primarily multifunctional peripherals), color and monochrome laser printers for graphics, and professional production print systems, recently held a ground breaking ceremony to mark the beginning of the expansion of their Ramsey campus.
On August 2, the African Development Bank Group's External Representation Office for Asia hosted a seminar in Tokyo to drive interest in the upcoming Africa Investment Forum.
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.
Fujitsu Laboratories Ltd. and Fujitsu Limited just announced a new technology crystal structure which allows for tripling of the output power of transistors used for transmitters in the microwave band.
Saudi Arabia's Abdul Latif Jameel Signs MOU with Kosei Aluminum to Drive Growth in Saudi Auto Manufacturing
Japanese company Kosei Aluminum and Saudi Arabia-based Abdul Latif Jameel (ALJ) just signed a Memorandum of Understanding to help support the growth of Saudi Arabia's auto manufacturing sector.
Mitsubishi Hitachi Power Systems Wins Order for 2 Steam Turbine Power Gen Units for Vietnam Power Project
The Nghi Son-2 thermal power project in Thanh Hoa province, Northern Vietnam, has ordered two sets of steam turbine power generation systems from Mitsubishi Hitachi Power Systems, Ltd. (MHPS).
Gourmet Delica Co., Ltd., a Japanese foods company currently owned by Kewpie Corporation, is about sell Mitsubishi Corporation (MC) an 80% share in the company.
Mazda Motor Corporation is partnering on a joint research project with Japan's National Institute of Advanced Industrial Science and Technology (AIST) and Saudi Aramco, an oil company, with the goal of improving internal combustion engine efficiency and lowering carbon dioxide emissions.