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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

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

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

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 [...]

Hyundai Tops in EV Sales in Indonesia Last Month

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 [...]

Hyundai Motor Opens Hyundai Motorstudio in Indonesia

SEOUL, June 10 (Korea Bizwire) — Hyundai Motor Co. on Thursday opened the Hyundai Motorstudio Senayan Park in Jakarta, Indonesia. Hyundai Motorstudio is a place to publicize Hyundai car brands. The Jakarta studio is the seventh studio after the ones in Seoul, Goyang, Hanam, Busan, Beijing and Moscow. With a floor space of 446 square [...]

Bakery Chain Paris Baguette Opens 3 More Stores in Indonesia

SEOUL, May 18 (Korea Bizwire) — South Korean food and beverage giant SPC Group said Wednesday its bakery-cafe chain Paris Baguette has opened three more stores in Indonesia in a bid to expand its presence there. The new outlets, which opened in Jakarta and the adjacent city of South Tangerang, raised to seven the number [...]

GS Caltex, POSCO International to Establish Biodiesel Plant in Indonesia

SEOUL, May 4 (Korea Bizwire) — Major Korean refiner GS Caltex Corp. has joined hands with POSCO International Corp., the trading arm of steel giant POSCO, to strengthen its eco-friendly bio business. The two parties recently signed a memorandum of understanding to create a value chain from raw material refining to biochemical product production by [...]

S. Korea to Boost Monitoring of Palm Oil Supplies over Indonesia’s Exports Ban

SEOUL, May 2 (Korea Bizwire) — South Korea vowed Monday to strengthen the monitoring of palm oil supplies following Indonesia’s recent ban of its exports amid the continued crisis surrounding Ukraine. Indonesia, the world’s biggest palm oil producer, announced the ban on palm oil exports on April 28, citing a domestic supply squeeze following the [...]

Orders for Hyundai’s IONIQ 5 Soar in Indonesia

SEOUL, May 1 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker, said Sunday it received more than 1,500 orders for its all-electric IONIQ 5 in Indonesia, less than a week after releasing the prices. Hyundai Motor received 1,587 orders for the IONIQ 5 in Indonesia from April 22-27, more than doubling overall electric [...]