Nomura Holdings and Philippine bank BDO Unibank, the country’s largest bank, have announced that their joint venture, BDO Nomura Securities, has officially commenced operations. Offering online trading services for stocks listed on the Philippine Stock…
Ayondo, a social trading technology developer for the financial services industry, has acquired the TradeHero brand, a Singapore-based trading gamification app. The acquisition for TradeHero’s brand outside of China and the United States, expands ayondo’s…
Provinces in the eastern part of Indonesia are seeing robust economic growth in the third quarter thanks to higher commodity prices, but without diversification away from commodities the regions may not sustain such rapid growth, economists say. While the…
The US President Elect Donald Trump will want Indonesia to agree to ratify international trade commitments including APEC and the Indonesia-US Strategic Partnership. “Donald Trump will be interested in making investments in the infrastructure sector,…
Australian Minister of Trade, Tourism and Investment Steven Ciobo has met Indonesian Minister of Trade Enggartiasto Lukita in Australia on Sunday to discuss free trade agreements. Press releases from the Department of Foreign Affairs and Trade of Australia…
President Joko Widodo has attended the 2016 Trade Expo Indonesia (TEI) at the Jakarta International Expo, Kemayoran, Jakarta. Jokowi delivered a warm welcome and opened the event. Trade Minister Enggartiasto Lukita, also delivering a speech, said that the…
Indoensias Ministry of Trade has said it has been encouraging small and medium industries (SMIs) to take benefit of online trade (e-commerce) to market their products. “We are pushing the small and medium industries to take their products to various…
The Indonesian government will encourage direct trade contact with Cuba to increase the value of the two countries bilateral trade, Indonesian Deputy Foreign Minister A.M. Fachir has said. “Indonesia will encourage direct trade contact with Cuba in order to…
The Trade Ministry is targeting the Trade Expo Indonesia (TEI) 2016, which will be held on October 12-16, to be able to attract 14,700 domestic and foreign potential buyers. “We provide 1,100 outlets,” Director General of National Export Development of The…
Kantar Worldpanel, the global market leader in consumer panels, reports the spending in fast moving consumer goods (FMCG) in 2nd quarter of 2016 grew by 4.6% year on year, faster than the 2.0% growth rate reported in 1st quarter of 2016. Modern trade…
The Indonesian Embassy in Dakar, Senegal, has held a business meeting with Senegalese businessmen to promote various mainstay products and the 31st Trade Expo Indonesia (TEI) to be held in Jakarta on October 12-16, 2016. The business meeting was attended by…
Indonesia and the Philippines, as immediate neighboring countries, have many to offers in the fields of among other things trade, culture and security. In fact, the Philippines is a significant trade partner as its contributed around US$2.3 billion in trade…
The Department of Trade and Industry (DTI) is set to showcase Filipino retail brands at the “Lifestyle Philippines” event on June 10, 2016 at Shangri-La Hotel, Jakarta, Indonesia. In a statement, Philippine Embassy Trade Representative Alma Argayoso said…
Indonesia’s Trade Ministry received a business delegation from Saudi Arabia last week, as the two countries announced a plan to double their bilateral trade value by 2020, according to a report published by The Jakarta Post. The total trade between the two…
Organised by the Hong Kong Trade Development Council (HKTDC), the 31st Hong Kong Gifts & Premium Fair concluded today at the Hong Kong Convention and Exhibition Centre (HKCEC). The concurrent 11th Hong Kong International Printing & Packaging Fair (27-30…
Through the acquisition Alibaba is to have a firmer grip on the online retail business in Southeast Asia, including Indonesia, the region’s largest economy where Internet and smartphone penetration have been developing rapidly in recent years (although coming…