SEOUL, Nov. 13 (Korea Bizwire) — South Korea’s Hyundai Motor Co. said Sunday it has signed a deal with an Indonesian aluminum company to secure a stable supply of the key material required in electric vehicle manufacturing. Hyundai Motor signed a memorandum of understanding with PT Adaro Minerals Indonesia Tbk for the partnership during the [...]
SEOUL, Oct. 26 (Korea Bizwire) — Hyundai Motor Group unveiled the electrified Genesis G80 limousine, the official escort vehicle for the upcoming G20 summit scheduled for next month in Bali, Indonesia. Hyundai held a ceremony on Tuesday in Jakarta to deliver the vehicles. The company sent 44 units of long wheel-based G80, 87 units of [...]
SEOUL, Sept. 18 (Korea Bizwire) — Jeju Air Co., South Korea’s leading budget carrier, said Sunday it has signed an initial pact with an Indonesian provincial government for a partnership to open a new route between the two countries. Jeju Air has signed a memorandum of understanding with North Sulawesi Province to explore opportunities to [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
SEOUL, June 26 (Korea Bizwire) — South Korea’s Hyundai Motor Co. had the highest electric vehicle sales in Indonesia last month, an Indonesian automotive industry association said Sunday. Hyundai sold 196 EVs — 195 units of the IONIQ 5 and one unit of the IONIQ Electric — in the Southeast Asian market in May, according [...]