Republic

Mitsubishi Power Receives Order for Two Gas Turbines for 1,600MW Class GTCC Power Plant in Uzbekistan

Retrieved on: 
Monday, July 10, 2023

- In addition to supplying the gas turbines, Mitsubishi Power will dispatch technical advisers to support installation and commissioning, and has signed a long-term service agreement (LTSA).

Key Points: 
  • - In addition to supplying the gas turbines, Mitsubishi Power will dispatch technical advisers to support installation and commissioning, and has signed a long-term service agreement (LTSA).
  • TOKYO, July 10, 2023 - (JCN Newswire) - Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), has received an order for two M701JAC gas turbines, the latest model in its mainstay air-cooled J-Series, for a 1,600-megawatt (MW) class natural gas-fired GTCC (gas turbine combined cycle) power plant, which will be one of the largest power facilities, being developed in the Syrdarya region of the Republic of Uzbekistan.
  • This project replaces the existing aged gas-fired power plant with state-of-the-art, high-efficiency combined cycle power plant, which is consistent with the energy policy of the Uzbek government.
  • Mitsubishi Power has received orders for 12 large frame gas turbines, including the F and JAC-series, for seven projects in Uzbekistan, representing a market share for large frame gas turbines in the country of more than 80%.

Hitachi Receives Orders for 160 Elevators, Escalators, Moving Sidewalks and Related Systems for the Hong Kong West Kowloon Station Complex

Retrieved on: 
Thursday, June 29, 2023

TOKYO, June 29, 2023 - (JCN Newswire) - Hitachi, Ltd. (TSE: 6501), today announced that Hitachi Elevator Engineering Company (Hong Kong) Limited ("Hitachi Elevator Engineering (Hong Kong)"), a sales and service company for the elevators and escalators of Hitachi, which operates in the Hong Kong Special Administrative Region ("Hong Kong") of the People's Republic of China ("China"), have received an order for total 160 elevators, escalators and moving side walks from a Hong Kong developer, Sun Hung Kai Properties Limited for the Hong Kong West Kowloon Station complex.

Key Points: 
  • TOKYO, June 29, 2023 - (JCN Newswire) - Hitachi, Ltd. (TSE: 6501), today announced that Hitachi Elevator Engineering Company (Hong Kong) Limited ("Hitachi Elevator Engineering (Hong Kong)"), a sales and service company for the elevators and escalators of Hitachi, which operates in the Hong Kong Special Administrative Region ("Hong Kong") of the People's Republic of China ("China"), have received an order for total 160 elevators, escalators and moving side walks from a Hong Kong developer, Sun Hung Kai Properties Limited for the Hong Kong West Kowloon Station complex.
  • Hong Kong West Kowloon Station opened in 2018 as a terminus for the Guangzhou-Shenzhen-Hong Kong High Speed Rail Link, which connects Hong Kong with cities in mainland China.
  • It also boasts excellent access to Hong Kong International Airport and the Hong Kong urban district, which is located in a large-scale development area directly connected to West Kowloon Station in Hong Kong.
  • In 1966, Hitachi established Hitachi Elevator Engineering (Hong Kong) as its first overseas group company in the building systems business.

NEC to supply East Micronesia Cable System (EMCS)

Retrieved on: 
Tuesday, June 6, 2023

TOKYO, June 6, 2023 - (JCN Newswire) - NEC Corporation (NEC; TSE: 6701) has signed a contract with FSM Telecommunications Cable Corporation (FSMTCC), based in the Federated States of Micronesia (FSM), BwebwerikiNet Limited (BNL) of the Republic of Kiribati, and Nauru Fibre Cable Corporation (NFCC) of the Republic of Nauru for construction, supply and installation of the optical fibre submarine cable system to be called East Micronesia Cable System (EMCS).

Key Points: 
  • TOKYO, June 6, 2023 - (JCN Newswire) - NEC Corporation (NEC; TSE: 6701) has signed a contract with FSM Telecommunications Cable Corporation (FSMTCC), based in the Federated States of Micronesia (FSM), BwebwerikiNet Limited (BNL) of the Republic of Kiribati, and Nauru Fibre Cable Corporation (NFCC) of the Republic of Nauru for construction, supply and installation of the optical fibre submarine cable system to be called East Micronesia Cable System (EMCS).
  • This is the first submarine cable connection for the islands of Tarawa (Kiribati), Nauru and the state of Kosrae (FSM).
  • The East Micronesia Cable System Project is supported by the governments of Australia, Japan and the United States, and will be implemented with grant funding from the three countries.
  • We are excited to have entered into an agreement with a very experienced and industry-leading corporation, NEC, for the construction, supply and installation of the submarine cable.

MHI: Continuation of Maintenance of Manila MRT-3 in the Philippines

Retrieved on: 
Wednesday, May 31, 2023

MRT-3 is an urban rail line that runs along Epifanio de los Santos Avenue (EDSA), one of Metro Manila's main highways.

Key Points: 
  • MRT-3 is an urban rail line that runs along Epifanio de los Santos Avenue (EDSA), one of Metro Manila's main highways.
  • Sumitomo Corporation and TESP were contracted to provide maintenance in 2000 when the MRT-3 went into full operation.
  • Upon request from DOTr, MHI Group and Sumitomo Corporation agreed on a new contract for rehabilitation and maintenance in 2019.
  • Even after the completion of the rehabilitation, the two companies continue to conduct maintenance to ensure that high operating rates are maintained.

JCB announces the latest status of carbon neutrality

Retrieved on: 
Thursday, June 1, 2023

TOKYO, June 1, 2023 - (JCN Newswire) - JCB Co., Ltd., Japan's only international payment brand, is accelerating its efforts to achieve carbon neutrality to contribute to the development of a sustainable society.

Key Points: 
  • TOKYO, June 1, 2023 - (JCN Newswire) - JCB Co., Ltd., Japan's only international payment brand, is accelerating its efforts to achieve carbon neutrality to contribute to the development of a sustainable society.
  • Head Office (Tokyo); JCB International (Europe) Ltd.
    Plantation (photographed in July 2022); P.T.
  • JCB International Indonesia employees visiting
    In response to the Paris Agreement on Climate Change[1] adopted in December 2015 and the subsequent international momentum towards carbon neutrality, JCB aims to reduce its own GHG emissions on a global basis by switching to CO2-free electricity and implementing energy-saving measures in our offices around the world.
  • Last year, JCB set the following targets, which are in line with the pace of emissions reduction of the Glasgow Climate Pact[2].

Ex-Singapore Parliamentarian's Swiss Company Launches Swiss Franc and Euro Stablecoins

Retrieved on: 
Wednesday, August 16, 2023

- Singapore investor and former parliamentarian Calvin Cheng's newly rebranded Swiss company, Anchored Coins, was granted membership in the Swiss VQF in early 2023.

Key Points: 
  • - Singapore investor and former parliamentarian Calvin Cheng's newly rebranded Swiss company, Anchored Coins, was granted membership in the Swiss VQF in early 2023.
  • Both stablecoins will be backed 1-to-1 by their respective fiat currencies and held in Swiss banks.
  • Earlier this year, the company was granted membership in the Swiss VQF, which means it has to comply with Swiss anti-money laundering obligations.
  • I feel this is the right time and right place, to launch highly compliant stablecoins in two other well-regarded global currencies, the Swiss Franc, and the Euro."

Ganjar Pranowo driving Indonesian SMEs in Going Global

Retrieved on: 
Tuesday, August 15, 2023

Semarang, Indonesia, Aug 15, 2023 - (ACN Newswire) - Ganjar Pranowo, the Governor of Central Java, Indonesia, is committed to driving the development of SMEs (Small and Medium Enterprises) in the region, to reach an international level.

Key Points: 
  • Semarang, Indonesia, Aug 15, 2023 - (ACN Newswire) - Ganjar Pranowo, the Governor of Central Java, Indonesia, is committed to driving the development of SMEs (Small and Medium Enterprises) in the region, to reach an international level.
  • Central Java Governor Ganjar Pranowo is committed to the development of SMEs in the region, providing a learning platform 'Hetero Space' and funding 'Kredit Usaha Rakyat (KUR-People Business Loan) Super Mikro.'
  • [Image: ANTARA]
    During his two terms in office from 2013 to 2023, Ganjar facilitated the growth of SMEs through robust initiatives.
  • After providing a learning platform for SMEs, Ganjar moved to the next level by offering access to funding - a common challenge faced by SMEs when planning to expand.

Indonesia's first 8K uncompressed video conference inaugurates 100 Gbps network for education at UB-Universitas Brawijaya

Retrieved on: 
Friday, August 11, 2023

Universitas Brawijaya (UB), Arterial Research and Educational Network in the Asia Pacific (ARENA-PAC) and Indonesia Research and Education Network (IDREN) held a ceremony to mark the operation of a 100 Gbps high-speed network for education in Indonesia on August 9, 2023.

Key Points: 
  • Universitas Brawijaya (UB), Arterial Research and Educational Network in the Asia Pacific (ARENA-PAC) and Indonesia Research and Education Network (IDREN) held a ceremony to mark the operation of a 100 Gbps high-speed network for education in Indonesia on August 9, 2023.
  • The ceremony also connected to a remote venue in Keio University, Japan, using an uncompressed 8K video conference, marking the first such ultra-high resolution video conference in Indonesia, and demonstrating the high capacity and low latency of the research and education network that spans across the Pacific.
  • Rector of UB Prof Widodo said the inauguration was a follow-up to MoU signed between the three organizations in 2022.
  • In addition, the collaboration is also a big leap for Indonesia to be connected to the current global research and education network.

Exploring New Collaborative Opportunities! The Indonesia-China Healthcare and Biotech Investment Forum Successfully Held

Retrieved on: 
Monday, July 31, 2023

A total of 120 people, including Indonesian government officials, scholars, business people and leading Chinese healthcare companies, attended the event to jointly discuss the direction and opportunities for the development of healthcare and biotech in China and Indonesia.

Key Points: 
  • A total of 120 people, including Indonesian government officials, scholars, business people and leading Chinese healthcare companies, attended the event to jointly discuss the direction and opportunities for the development of healthcare and biotech in China and Indonesia.
  • The forum was chaired by Mr. Jafar WANG, Co-Chief Investment Officer of Legend Capital, who mentioned Legend Capital's latest "Ecosystem plus" strategy in healthcare, and hoped to collaborate with the excellent healthcare enterprises in China and Indonesia to build an open, innovative, and international ecosystem through this forum.
  • Mr. Garibaldi Thohir, Chairman of Indonesia Chamber of Commerce and Industry Bilateral Committee of China (KIKT), Mr. H.E.
  • The Minister of Health Indonesia, Budi Gunadi Sadikin, delivered a keynote speech on "Healthcare Policy and Planning in Indonesia".

Hong Kong delegation strengthens business ties with Indonesia

Retrieved on: 
Wednesday, July 26, 2023

MOUs formalise efforts to expand collaboration opportunities in finance, trade, technology and cultural exchange

Key Points: 
  • MOUs formalise efforts to expand collaboration opportunities in finance, trade, technology and cultural exchange
    JAKARTA, July 26, 2023 - (ACN Newswire) - A Hong Kong business delegation - organised by the Hong Kong Trade Development Council (HKTDC), led by the Chief Executive of the Hong Kong Special Administrative Region (HKSAR) Mr John Lee and accompanied by Principal Officials - was in Jakarta, Indonesia today following a visit to Singapore in the past two days.
  • HKTDC Chairman Dr Peter K N Lam, HKEX Chief Executive Mr Nicholas Aguzin and Federation of Hong Kong Industries Chairman Mr Sunny Chai, representing various sectors in Hong Kong, shared their insights on business development of Hong Kong and Indonesia at the press conference.
  • HKTDC values the close ties between Hong Kong and Indonesia built up over years.
  • Since 1966, the HKTDC has created business opportunities between Hong Kong and the world, promoting Hong Kong as an international business and financial hub and gateway to China through outreach such as organising delegations, international trade fairs and industry conferences, as well as enabling small and medium-sized enterprises and start-ups.