Microsoft, Google and Other American Giants Investing in Indonesia’s E-commerce

Astral Asia Bhd to Venture into FMCG E-Commerce

Nov 2, 2020

Malaysia-based Astral Asia Bhd (AAB) is planning to diversify its core businesses to include e-commerce, focussing on fast-moving consumer goods (FMCG).  The new e-commerce business is expected to launch in December 2020, supported by an estimated total initial...
AQI Participates in Vietnam’s Bespoke Lifestyle Industries

AQI Participates in Vietnam’s Bespoke Lifestyle Industries

Oct 1, 2020

Aquarius International Development (AQI), a company specializing in high-end travel experiences and owned by the Norcal Venture Capital Group, will invest USD 250 million into its expansion across the South East Asian region. The investment will encompass luxury...
HDC to Expand Overseas to Boost Halal Industry

HDC to Expand Overseas to Boost Halal Industry

Oct 1, 2020

The Halal Development Corporation (HDC), Malaysia’s federal government halal promotion agency, plans to expand its operations in the next five years to Japan, Korea, Taiwan, and China. The East Asian countries were identified as HDC’s potential markets due to the high...
Indonesia to Develop New Plantations in Borneo

Indonesia to Develop New Plantations in Borneo

Oct 1, 2020

The Indonesian government plans to expand a national “food estate” program centered in Borneo, by establishing millions of hectares of new crop plantations. The program’s aim is to help secure domestic food supplies and decrease Indonesia’s reliance on food...