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Indonesian Youth Parade Through Jakarta Streets in Korean Traditional Clothes

Indonesian Youth Parade Through Jakarta Streets in Korean Traditional Clothes

SEOUL, Aug. 29 (Korea Bizwire) — The Korean Cultural Center Indonesia on Friday hosted an event where participants paraded the streets wearing hanbok, the traditional Korean attire, in Jakarta. The participants strolled around major areas in Jakarta wearing hanbok, promoting the garment’s beauty and its symbolism of Korean culture to Indonesians. The center called for [...]

Hyundai, LG Secure US$710 mln Financing for Indonesia Battery Cell Plant

Hyundai, LG Secure US$710 mln Financing for Indonesia Battery Cell Plant

SEOUL, Aug. 22 (Korea Bizwire) — Hyundai Motor Group and LG Energy Solution (LGES) Ltd. have secured US$710 million in loans and guarantees for their joint project to build a battery cell plant in Indonesia, the companies said Monday. Hyundai and LG will receive the funds from five different international financial firms with a 10-year [...]

Synchronoss to Power Telkomsigma’s Launch of Two New Premium Personal Cloud Solutions in Indonesia

Synchronoss to Power Telkomsigma’s Launch of Two New Premium Personal Cloud Solutions in Indonesia

BRIDGEWATER, N.J., Aug. 3 (Korea Bizwire) – Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”) (Nasdaq: SNCR), a global leader and innovator in cloud, messaging and digital products and platforms, today announced the official rollout of two new premium personal cloud solutions offered by Telkomsigma, a subsidiary of Telkom Indonesia, the country’s largest telecom operator. Following the agreement in [...]

POSCO, Krakatau to Invest US$3.5 bln in Capacity Expansion in Indonesia

POSCO, Krakatau to Invest US$3.5 bln in Capacity Expansion in Indonesia

SEOUL, July 28 (Korea Bizwire) — POSCO and Indonesia’s state-run steelmaker Krakatau agreed on Thursday to spend US$3.5 billion over the next five years on building a second furnace in the Southeast Asian country to meeting growing demand. POSCO and Krakatau already run PT.KRAKATAU-POSCO, their joint venture located in the major industrial city of Cilegon [...]

Hyundai, Kia Record Robust Sales Growth in Vietnam, Indonesia in H1

Hyundai, Kia Record Robust Sales Growth in Vietnam, Indonesia in H1

SEOUL, July 24 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp. recorded robust on-year sales growth in Vietnam and Indonesia in the first half of 2022, delivering strong performances in the markets traditionally dominated by Japanese automakers, local industry associations’ data showed Sunday. The combined sales of Hyundai Thanh Cong Manufacturing Vietnam [...]

Hanwha Defense to Supply 25 Barracuda Armored Vehicles to Indonesia

Hanwha Defense to Supply 25 Barracuda Armored Vehicles to Indonesia

SEOUL, July 6 (Korea Bizwire) — South Korean defense firm Hanwha Corp. signed a contract with Indonesia’s national police last month to supply 25 armored vehicles by 2024, its officials said Wednesday. The company inked the deal with the National Police of the Republic of Indonesia on June 15 following an international bidding process for [...]