SEOUL, Mar. 13 (Korea Bizwire) — The winner of “Putri Indonesia 2019,” the most prestigious beauty contest in Indonesia, drew attention to “Korea-made mask packs” as she mentioned them as a secret to her beauty. According to CNN Indonesia on Monday, the winner, Frederika Alexis Cull, explained how much she loves the mask packs and [...]
SEOUL, Feb. 21 (Korea Bizwire) — SM Entertainment, a leading South Korean talent agency and music label, signed an agreement with a media branch of Indonesia’s CT Corp on Thursday to make inroads into the Southeast Asian country, the local firm said. Under the heads of agreement signed in Jakarta with Trans Media, the two [...]
SEOUL, Dec. 4 (Korea Bizwire) — Lotte Cultureworks, the retail giant Lotte Group’s cinema affiliate, has made inroads into Indonesia, with a goal to open 20 movie theaters in the Southeast Asian country by 2020, the company said Tuesday. As the initial step, the operator of Lotte Cinema, one of the biggest South Korea movie [...]
SAN DIEGO, Sept. 16 (Korea Bizwire) — Everest, the first platform to combine biometric identity with a digital wallet, announced today that it is partnering with Indonesia’s TNP2K (National Team for the Acceleration of Poverty Reduction) to conduct a pilot in selected regions to enhance the efficiency, accountability, transparency, and gender inclusivity of the National [...]
SEOUL, March 14 (Korea Bizwire) – blogging site Tumblr is facing growing pressure amid reports that it is becoming a sanctuary for illegal content such as prostitution advertisements and revenge porn, with little to no interference from local authorities. According to the official website description, Tumblr is a ‘place to express yourself, discover yourself, and bond [...]
SEOUL, Feb. 14 (Korea Bizwire) – South Korean bio firm Greencross Medical Science Corp. (GCMS) said Wednesday that it has signed an agreement to export its blood pack manufacturing technology to Indonesia-based PT. Mitra Global Hanindo. Under the contract worth 40 billion won (US$37 million), GCMS will supply 6.1 billion won of complete blood bag products and 30.7 billion won in partly made packs. Also, the South Korean firm will receive 3.2 [...]
SEOUL, Jan. 25 (Korea Bizwire) — Nature Republic Co., a South Korean cosmetics firm, said Thursday that it has opened its first outlet in Indonesia, as it attempts to expand its presence in the Southeast Asian market. The store, at a shopping mall in Jakarta, posted about 100 million won (US$94,000) in sales on its [...]
SEOUL, Dec. 12 (Korea Bizwire) — Hyundai Motor Co., South Korea’s largest carmaker, said Tuesday that it will set up a joint venture with an Indonesian company to help assemble commercial vehicles in one of the world’s most populous countries in the latest move to expand into Asian markets. The joint company, to be set [...]
SEOUL, Nov. 13 (Korea Bizwire) — Despite news continuing to filter out about South Korea and China’s mending relationship post-THAAD disagreement, the political and business sectors are taking the lessons learned from an overreliance on China to heart by ramping up efforts to establish a foothold in ASEAN member countries, or what some in South [...]
JAKARTA, Nov. 9 (Korea Bizwire) — The presidents of South Korea and Indonesia agreed Thursday to upgrade their relations to “special strategic partnership” to push forward all-compassing cooperation in economy, culture, politics and security issues. During their summit, Presidents Moon Jae-in and Joko Widodo also pledged efforts to sharply increase bilateral trade and diversify business [...]