PT Ace Hardware Indonesia Tbk (ACES), a retail company of Kawan Lama Group, launched its new outlet last week in Karawaci, Tangerang. Helen Tanzil, Corporate Security of ACES, mentioned that the new store is ACES’ seventh outlet introduced since the beginning of the...
On April 28th, PT Vale Indonesia and Zhejiang Huayou Cobalt Company Limited signed a Framework Cooperation Agreement (FCA) to develop a High-Pressure Acid Leaching (HPAL) processing facility in Pomalaa, Kolaka. The main points agreed upon by the two parties, relating...
Singapore’s sole piped town-gas provider, City Energy, is investing over SGD 100 million (USD 72 million) to develop the first electric vehicle (EV) charging service in Malaysia and Singapore. The EV service will be provided through its newly established subsidiary,...
Malaysia Digital Economy Corporation (MDEC) Chief Executive Officer Mahadhir Aziz highlighted that Malaysia’s e-commerce income is anticipated to reach over MYR 1 trillion (USD 227 billion) in 2022, after hitting MYR 1.1 trillion (USD 250 billion) last year. The...
Malaysia’s leading healthcare industry supply chain management provider, Hong Seng Group through its subsidiary, HS Bio Sdn Bhd, has agreed to collaborate with Mediven Innovation Ventures (Mediven) to jointly work on the supply of healthcare products and services. The...
Thales announced a strategic alliance with an Indonesian firm, PT Len Industri, for future collaboration on a wide range of defense-related themes. According to Thales, the cooperation on these themes corresponds with Indonesia’s ambition to modernize and...
Etihad Credit Insurance (ECI), the UAE Federal export credit company, and its Indonesian counterpart PT Reasuransi Indonesia Utama (Persero) or Indonesia Re have signed a reciprocal reinsurance agreement to bolster their bilateral trade and expand their collaborative...
PT Pertamina, Indonesia’s state-owned energy firm, plans to double its geothermal capacity from 700 MW by 2027-2028. The plan, which aims to lessen the country’s reliance on fossil fuels, will cost around USD 4 billion. The Indonesian government is eager...
PT PERTAMINA (Pertamina), Osaka Gas Co., Ltd. (Osaka Gas), JGC Holdings Corporation (JGC), and INPEX CORPORATION (INPEX) announced that they have entered into a joint study agreement on exploring the feasibility of clean natural gas and liquefied natural gas (LNG)...
In the season of Ramadan this year, Burger King Indonesia has collaborated with GoFood, a food delivery platform, to bring together F&B companies to facilitate bukber (break fast) for Indonesians. Indonesians can now buy meals from F&B partners, such as...
On April 27 Keppel Corporation Limited (Keppel) and Sembcorp Marine Ltd (Sembcorp Marine) entered into definitive agreements for the proposed combination of Keppel Offshore & Marine Ltd (Keppel O&M) and Sembcorp Marine. This will also result in Keppel O&M...
Unemployment rates for 2022 February in Singapore were around the quarterly average unemployment rates in 2018/2019. According to the 2021 Labour Market Report, the overall unemployment rate in February was 2.1%, down from 2.3% in January, while the resident...
