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HKTDC launches GoGBA Day for the International Business Community

indie
8 minutes

HONG KONG, Sept 26, 2022 - (ACN Newswire via SEAPRWire.com) - The Hong Kong Trade Development Council (HKTDC) and the Guangdong-Hong Kong-Macao Greater Bay Area Development Office co-organised the inaugural GoGBA Day on Thursday (22 Sept). This support event aims to engage members of the international business community in Hong Kong that are currently underserved in terms of up-to-date business information on the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). The physical part of the hybrid on-site/online event was held at the HKTDC SME Centre at the Hong Kong Convention and Exhibition Centre.The event featured a series of seminars offering practical business tips and updates on the latest developments in the GBA to prepare international enterprises to "go GBA" via Hong Kong. The event received an overwhelming response with more than 160 participants attending the seminars at the venue while 260 participants joined the online webinar. At the same time, 65 business advisory sessions and one-on-one consultation meetings were arranged for 47 companies at the venue to facilitate business partnerships and opportunities.The joint seminars welcomed officials from various authorities in...

ACN Newswire
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Enhancing Indonesian state-owned enterprises (SOEs) through clustering

indie
6 minutes

JAKARTA, Mar 5, 2022 - (ACN Newswire via SEAPRWire.com) - President Joko Widodo (Jokowi) has given a period of one to two years for state-owned enterprises (SOEs) to make fundamental changes to increase their competitiveness.SOEs Minister Erick Thohir (ANTARA/HO-Kementerian BUMN/pri)On October 14, 2021, Jokowi stated that he was pleased to witness the clustering of container terminal operator and port development firm Pelindo into one holding, which was PT Pelabuhan Indonesia, to cuts logistics costs and helps improve connectivity throughout Indonesia.According to Jokowi, the clustering forms into one great power, as it builds networking with partnerships abroad. "Through partnering with overseas companies who have networks, the (SOEs') link to all countries can become a huge power," the president remarked.Through clustering, SOE companies have shown above-standard or even excellent work performance that has contributed significantly to the state budget.According to data from the National Development Planning Board (Bappenas) in 2019, the estimated total budget for infrastructure development in the period of 2020-2024 was US$447 million or Rp6,445 trillion, and 21 percent of them c...

SeaPRwire
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The Ongoing Quest for Advancing Indonesia’s State-Owned Enterprises (SOEs)

pandora
5 minutes

JAKARTA, Feb 24, 2022 – (ACN Newswire) – President Joko Widodo harbors many hopes and expectations for Indonesia’s State-Owned Enterprises (SOEs), and strives to see them succeed not only at a national level, but also at an international level. The President believes these SOEs hold vast potential to dominate the essential sectors earlyon, and move to the global level as they mature. SOEs Minister Erick Thohir (ANTARA/HO-KBUMN) Yet SOEs require professional management and a helping hand to assist them on their way. However great, any company that falls into the hands of mis-management will experience under development and and ultimate demise. To survive this fourth industrial revolution, companies need to elevate human resources and ecosystems to the highest standards. In theory, transformation coupled with technological adaptation will follow. Indonesian SOEs Minister Erick Thohir spoke of three big dreams for SOEs, the first being larger SOE contributions to the nation. “If it is not my wishful thinking, it is how to enable SOEs to make a bigger contribution to the country. That is number one,” Thohir wrote on his official Instagram account @erickthohir on Feb 20. The second drea...

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Analogue Achieves Multiple Awards as Outstanding Listed Company, Gains Wide Recognition on Corporate Governance and Sustainable Business Strategies

indie
6 minutes

HONG KONG, Jan 12, 2022 - (ACN Newswire via SEAPRWire.com) - Analogue Holdings Limited (stock code: 1977) ("Analogue" or the "Company", together with its subsidiaries, collectively the "Group"), a leading electrical and mechanical ("E&M") engineering services provider in Hong Kong, is pleased to announce that the Group has won a number of listed company awards in recognition of its high standard of corporate governance and achievements in implementing sustainable business strategies.Photo 1: Analogue wins the "Listed Enterprises of the Year" and the "Outstanding Performance - Best Corporate Governance" awards at Listed Enterprises of the Year 2021. Group Chairman Dr Otto Poon (centre) and Deputy Chairman Dr KimMak (second from right) received the awards on behalf of the Group. Executive Director Mr Victor Law (first from left), Executive Director Mr Raymond Chan (second from left) and Chief Financial Officer Mr Peter Cheng (first from right) shared the memorable moment. Photo 2: Analogue once again achieves the "Outstanding Listed Companies Award 2021" organised by the IFAPC. Group Chairman Dr Otto Poon receives the award on behalf of the Group.Photo 3: Analogue achieves the "L...

JCN Newswire
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AOTS, NTT DOCOMO and Mobile Innovation to Conduct Trial of 5G-Enabled Remote Technical Training

ruth
5 minutes

TOKYO, Oct 14, 2021 - (JCN Newswire via SEAPRWire.com) - The Association for Overseas Technical Cooperation and Sustainable Partnerships (AOTS), NTT DOCOMO (DOCOMO), and its Thailand-based subsidiary Mobile Innovation (MI) announced today that they have reached an agreement to collaborate on a trial that will evaluate the feasibility of delivering AOTS's technical training programs remotely from Japan to overseas countries. The trial will utilize the 5G network capabilities and solutions of DOCOMO and MI, and will make use of the RealWear smart glass display and AVATOUR 360-degree remote presence solutions. The trial will run from today until 31 March, 2022.During the trial period, Japanese enterprises participating in AOTS training programs will help to evaluate the feasibility and effectiveness of 5G solutions in providing remote practical training and technical guidance. Global border restrictions during the COVID-19 pandemic have led to difficulties in conducting on-the-job training as well as in the transfer of technical knowledge and the provision of practical technical guidance on a face-to-face basis. The trial aims to address technical training issues in developing countri...

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Enterprise Blockchain Advisory Company Move Digital Led by Kristof Schoffling Educational Initiative

indie
3 minutes

Mahe, Seychelles, June 10, 2021 - (ACN Newswire via SEAPRWire.com) - Leading enterprise blockchain advisory company Move Digital is launching an educational series to help companies navigate the world of distributed ledger technology (DLT). The Beyond Blockchain series will be a fortnightly newsletter release that will provide enterprises with the latest updates in the world of DLT.As noted in the first release of Beyond Blockchain, the series aims to educate enterprises on the wide variety of tools at their disposal. The inaugural release noted how the blockchain tools available to enterprises have advanced considerably since 2016.Move Digital, led by Kristof Schöffling as CEO, works with enterprises to help these companies identify key bottlenecks in their operations and implement the appropriate blockchain tools to improve efficiency and security. Kristof Schöffling is a veteran entrepreneur in the digital space, having previously built well known businesses with millions of users in the niches of online gaming and import-export.The potential cost reduction for enterprises as a result of implementing DLT solutions is tremendous. Business Insider previously estimated that roughly...

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Indonesia’s State-owned Companies Go Global, Display Innovation at Hannover Messe Exhibition

indie
4 minutes

JAKARTA, Apr 15, 2021 - (ACN Newswire via SEAPRWire.com) - As many as 13 Indonesian state-owned enterprises (SOEs) display their latest innovations at the largest industrial technology exhibition, the Hannover Messe 2021, as Indonesia plans to join the top 10 global economies by 2030.Minister of State-owned Enterprise of Republic of Indonesia Erick Thohir"This goal can be achieved by accelerating the fourth industrial revolution, and pursuing not only technological transformation, but the digital transformation of industry, especially during this pandemic," Indonesian President Joko Widodo said.Indonesia was the first Southeast Asian country to become an official partner of the exhibition, which is being held this week, 12 - 16 April, in a digital edition. Participation at Hannover Messe (HM21) is part of the national policy "Making Indonesia 4.0"."We expect our state-owned enterprises to 'go global' as we stated in our ministry's road map. Not only through acquisition, but by leading the global competition," said Erick Thohir, Minister of State-owned Enterprises (BUMN).Some state-owned enterprises have adopted and developed recent technologies to compete with, and even lead the co...

SeaPRwire

Helping large local enterprises grow as part of mindset change

aseanpr
3 minutes

Company bosses and workers have to transform their mindsets to ensure their businesses keep up amid the upheaval caused by the pandemic, experts said at a Budget discussion. They noted that part of this shift will include growing large local enterprises so that they become more attractive to job seekers and supporting them so that they can internationalise. Professor Hoon Hian Teck, dean of Singapore Management University's School of Economics and a Nominated MP, told the roundtable discussion organised by The Straits Times and UOB: "Going overseas can help them raise the productivity that can ultimately lead to better jobs and better pay." As these large local enterprises grow, graduates can also be drawn to start their careers with them rather than just aiming for multinational corporations, he added. "It can produce a little bit of signalling effect for our students, who might (find) it more exciting to join a large local enterprise because there is larger potential for them to express their creative ideas of how to break into overseas markets, for example." UOB economist Barnabas Gan agreed, saying: "Singapore cannot be inward-looking. We don't have... natural resources. But th...

ACN Newswire
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China Risun Acquisition of Six Hongye Chemicals Enterprises Approved at EGM

indie
4 minutes

HONG KONG, Dec 23, 2020 - (ACN Newswire) - China Risun Group Limited ("China Risun", or the "Group", stock code: 1907), the global leading integrated coke, coking chemical and refined chemical producer and supplier in China, held an Extraordinary General Meeting in Hong Kong and obtained the approval of the acquisition of six Hongye Chemical Enterprises for RMB4.85 billion. Upon completion, the Group can further leverage the economics of scale, resources and cost advantages of these acquisitions to strengthen its leading position in the market. The Group is committed to continuously explore market opportunities to provide operations management services and expand its business through acquisitions and joint ventures. This transaction is in line with the Group's expansion strategy to capture the potential growth of coke and refined chemicals market and can strengthen the Group's leading position in the market. Given the six Hongye Chemicals Enterprises' production capacity, scale of operation and the market share in their respective regions and considering the Group's expansion plan, the Group believes that the transaction is conducive to the future business expansion of the Company....

JCN Newswire
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Mitsubishi Corporation: Cross-Industry Investment by Seven Enterprises in New TradeWaltz Platform

ruth
3 minutes

TOKYO, Oct 27, 2020 - (JCN Newswire) - Seven Japanese enterprises are pleased to announce that they have agreed to jointly invest in TradeWaltz Inc. (TradeWaltz), the company that manages the trade data sharing platform that operated by the same name. Partaking in the investment are NTT DATA Corporation (NTT DATA), Mitsubishi Corporation (MC), Toyota Tsusho Corporation (Toyota Tsusho), Tokio Marine & Nichido Fire Insurance Co., Ltd. (Tokio Marine Nichido), MUFG Bank, Ltd. (MUFG), Kanematsu Corporation (Kanematsu), and Sompo Japan Insurance Inc. (Sompo Japan). TradeWaltz is headquartered in Tokyo's Chiyoda Ward. Its President & CEO is Mr. Hirohisa Kojima.Fig. 1. Conventional communications framework before rollout of TradeWaltzFig. 2. Centralized, cross-Industry management of trading operations following rollout of TradeWaltzTrading operations cover a wide range of products and involve numerous procedures, including documentation, consistency confirmations, and other work that can be costly to perform manually. Furthermore, considering multiple parties engaged in a single transaction, developing a system accurately and safely to share information has been a challenge faced b...