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Liaoning SG Automotive Group Co Ltd Says it will not set up new energy car components JV with partners including South Korea’s Samsung SDI. Says it will dissolve a Tianjin-based financial leasing JV, which was set up in 2014. Lees ook: Jollibee Foods causes…
New Silkroutes Group (“NSG” or “the Group”) has formed a joint venture with three parties, including the Singapore subsidiary of China’s Nanshan Group, to develop private equity funds that will focus on healthcare and infrastructure in the Asia Pacific…
Australian Ambassador to Indonesia Paul Grigson has welcomed the new partnership between Australian company Blackmores and Indonesias Kalbe that will allow new vitamin products to enter the local market. Blackmores will initially supply eight products in…
The Myanmar government has selected Vietnamese military-run operator Viettel as the international partner for the consortium likely to be granted the nation’s fourth telecom license. Viettel has been selected from a pool of seven contestants and been granted…
Powa Technologies, a British e-commerce tech firm, has formed a “strategic alliance” with China’s biggest payments processor, China UnionPay. The joint venture could generate $5bn (£3.3bn) in revenues over three years, Dan Wagner, Powa’s chairman and chief…
Domestic textile player Siyaram Silk Mills today announced joint venture with leading Italian lifestyle brand Cadini. “We have entered into joint venture with leading Italian lifestyle brand Cadini. We have bought ownership rights to manufacture and market…
PT Bank Mandiri Tbk (BMRI), the largest bank by assets in Indonesia, is planning to tap the growing automotive credit market through a joint venture (JV) with a multifinance firm PT Mandiri Utama Finance (MUF). The bank plans to collaborate with automotive…
Bridgestone Corp. plans to establish a joint venture company to produce anti-vibration rubber products for automotive vehicles in Indonesia. The agreement was concluded on July 2 with PT Astra Otoparts Tbk, which manufactures and sells automotive parts in…
Japanese internet and network services provider Internet Initiative Japan (IIJ) and Indonesian telecommunications services provider Biznet Networks have launched their Biznet GIO Cloud service in Indonesia. IIJ and Biznet initially announced their joint…
Chinese mobile commerce company 99 Wuxian is bringing NFC technology to China. 99 Wuxian and Australian Near Field Communication (NFC) technology startup Tapit Media have joined to “revolutionise” Chinese m-commerce and offline media by integrating NFC…
