Sun Life Financial has introduced a flexible set of voluntary group disability insurance options, including Voluntary Short Term Disability (VSTD) and Voluntary Long Term Disability (VLTD) for workers. According to life insurer, the ...
Switzerland based insurer ACE and its local partner have inked a deal to acquire PT Asuransi Jaya Proteksi in Indonesia for nearly $130m in cash. Commenting on the Indonesian acquisition, ACE vice chairman and chief operating officer John ...
Tags: insurer, ACE, PT Asuransi Jaya Proteksi, life insurance
Tuv India,a subsidiary of German technical provider Tuv Nord,has entered into high-end testing services by constructing a food testing laboratory in Pune,India,with an investment of€5m. The new laboratory will be involved in the ...
The Federal Government has announced the appointment an automotive industry advocate whose primary task is to increase the number of Australian-made cars in local fleets. Former president of Ford Indonesia and past Ford Australia employee ...
Tags: Australia, Federal Government, automotive industry, vehicles, car
According to the Federation of Pakistan Chambers of Commerce and Industry, Pakistani oil and gas companies can operate comfortably in Indonesia and make reasonable profits. Mr Atif Ikram Sheikh chairman of FPCCI coordination Islamabad ...
Japanese carmaker Toyota along with its five subsidiaries is planning to invest about IDR13trillion ($1.34bn) in Indonesia over the next five years to expand its capacity in Southeast Asia. The five Toyota group's subsidiaries include ...
Tags: Toyota, Karawang facility, new vehicle, engine control units
P T Honda Prospect Motor (HPM), Honda's joint venture firm in Indonesia, has started construction of its new IDR3.1 trillion ($328m) automobile production plant in Karawang Industrial Park in a suburb of Jakarta. The new automobile plant, ...
Tags: P T Honda Prospect Motor, new multi-purpose vehicle, production plant
Swiss food company Nestléis set to open a$200m plant in Karawang,West Java,Indonesia,in the first quarter of 2013. The plant,which is the company's fourth facility in the country,is located on a 28.8-hectare plot in Surya Cipta ...
Tags: infant cereals, chocolate malt drinks, production capacity
Singapore-based Wilmar International is building two large wheat flour mills in Indonesia,as it seeks to take advantage of the increasing demand for bread,noodles and convenience foods in the country. The project is being implemented by ...
Japanese car maker Mitsubishi Motors has reported net sales of 1,807.3bn yen ($22.4bn) for the fiscal year 2011, a marginal decrease of 1% compared to 1,828.5bn yen ($22.62bn) over the previous fiscal year. The decrease in sales was ...
Tags: Mitsubishi Motors, operating profit, Net profit, minicar
Japanese car maker Nissan has reported 13.6% rise in its global sales in April to 364,173 units when compared to the corresponding month in 2011. Nissan's sales in Japan grew 63.8% to 39,413 units and its sales outside also rose 9.5% to ...
Tags: Nissan, global sales, carmaker, global production
SCG s vice president for corporate affairs, Tanawong Areeratchakul, said the company had signed a contract with SAP (Thailand) to upgrade its ERP project to boost growth domestically and in countries such as Vietnam and Indonesia. Under ...
Tags: The ERP project, Siam Cement Group, information technology
Indian automobile maker Tata Motors is planning to build a new car manufacturing factory in Indonesia in 2013. According to the company, the proposed car factory that will produce low cost and environmentally friendly cars will serve the ...
Tags: Tata, car factory, Indonesia
Japanese two wheeler manufacturer Yamaha Motor has unveiled the new ‘SOUL GT’, an automatic transmission (AT) commuter model in Indonesia. The new commuter is powered by 115cc engine with Yamaha mixture jet-fuel injection ...
Tags: Yamaha, young male customers, AT
Indian automobile company Tata Motors has established a wholly-owned subsidiary based in Jakarta called PT Tata Motors Indonesia. Through PT Tata Motors Indonesia, the company said it will produce both passenger and commercial vehicles. ...
Tags: Tata, new subsidiary, Indonesia