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From Indonesia’s resource-rich, onshore EV supply chain, to Hong Kong’s suite of sophisticated primary market products, experts assess the opportunity on offer to both regions’ capital markets, following formal signature of a strategic partnership between HKEX and IDX last week. ....
Tokio Marine Asia Increases Shareholding in Indonesian JV with HSF, HB&T Advice miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.
Date Time Share Hiswara Bunjamin & Tandjung advises Egypt’s Elsewedy on strategic entry into Southeast Asia through acquisition of Indonesian power Herbert Smith Freehills’ longstanding assocuate firm Hiswara Bunjamin & Tandjung has advised Elsewedy Transformers Indonesia Holding Ltd, a subsidiary of Egypt’s El Sewedy Electric Co S.A.E., on its first investment in Southeast Asia. Elsewedy acquired 95% of the shares in power transformer manufacturer CG Power Systems Indonesia from CG Power Systems Belgium NV. The Egyptian multinational electrical company manufactures and sells integrated energy products to more than 100 countries globally. The new acquisition facility is Elsewedy’s sixth power transformer manufacturing facility, and its first in Southeast Asia. ....
Herbert Smith Freehills and its longstanding associate firm Hiswara Bunjamin & Tandjung have advised two major shareholders in Southeast Asia ecommerce. ....
Although the COVID-19 pandemic ensured Indonesia’s GDP is expected to contract by 1 percent in 2020, Southeast Asia’s largest economy is set to bounce back strongly this year. Lawyers in the country talk about how the pandemic impacted their work, and also some of the important lessons they have taken away from this period.
At the time of writing, Indonesia’s massive vaccination drive is underway, with President Joko Widodo having been the most high-profile recipient. And the vaccine is expected to provide a much needed shot in the arm to Indonesia’s economy. The country’s GDP is expected to contract by 1 percent in 2020, according to figures from the Asian Development Bank, and then grow by 5.3 percent this year, a marginal improvement on the growth rates seen in 2018 and 2019. ....