Japan’s Nippon Yusen KK said on Wednesday it will invest in Pertamina International Shipping (PIS), a unit of Indonesia’s state energy firm Pertamina, without disclosing terms of the deal. The move by Japan’s biggest shipping company is aimed at expanding business in Indonesia, where energy and energy transportation demand are expected to increase in tandem with the country’s economic growth, a spokesperson for Nippon Yusen said. Nippon Yusen plans to complete the deal… Continue reading Japan’s Nippon Yusen to invest in Indonesia-based Pertamina’s shipping unit
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ID Digest: Kopi Kenangan opens store in Malaysia; APLN sells assets
Indonesia’s Kopi Kenangan has opened its first international store in Malaysia. Meanwhile, listed property developer Agung Podomoro Land has sold a part of its stake in a local mall. Kopi Kenangan arrives in Malaysia Indonesian tech-enabled coffee chain and unicorn Kopi Kenangan has officially expanded to Malaysia by opening its first international store in Suria… Continue reading ID Digest: Kopi Kenangan opens store in Malaysia; APLN sells assets
Indonesia govt offers tax breaks for investments in new capital city project
The Indonesia government will offer tax incentives, including a 30-year tax exemption and 350% tax deduction, for companies investing in the country’s new capital called Nusantara, a top official said at an investors’ gathering on Tuesday. Bambang Susantono, Head of the Nusantara National Capital Authority, said the investment rules for Nusantara will be finalised soon. “We… Continue reading Indonesia govt offers tax breaks for investments in new capital city project
Microsoft is building an Xbox mobile gaming store to take on Apple and Google
Microsoft’s Activision Blizzard deal is key to the company’s mobile gaming efforts. Microsoft is quietly building a mobile Xbox store that will rely on Activision and King games. Share this story Image: Microsoft Microsoft is building an Xbox mobile store to directly offer games on mobile devices, challenging Apple and Google. The software giant first… Continue reading Microsoft is building an Xbox mobile gaming store to take on Apple and Google
Amazon Fire HD 8 Plus (2022) review: a fine tablet if you’re subscribed to Prime
/ The Fire HD 8 Plus is a good budget tablet for Amazon-based entertainment, provided you aren’t concerned with accessing Google apps or services. Amazon’s latest Fire HD 8 Plus is a serviceably fine tablet for content consumption. Like other Amazon-branded tablets, the Fire HD 8 Plus tablet is a nice little device if you’re… Continue reading Amazon Fire HD 8 Plus (2022) review: a fine tablet if you’re subscribed to Prime
India digest: BeepKart raises $9m, Drivetrain AI bags $15mBeepKart’s Series A round was led by Vertex Ventures Southeast Asia & India.
BeepKart, a full-stack online platform of used two-wheelers, has raised $9 million in a Series A round. Separately, Drivetrain AI, a financial planning and monitoring platform for growing businesses and enterprises, has raised $15 million. BeepKart raises $9m led by Vertex Ventures Southeast Asia & India BeepKart, a full-stack online platform of used two-wheelers, has… Continue reading India digest: BeepKart raises $9m, Drivetrain AI bags $15mBeepKart’s Series A round was led by Vertex Ventures Southeast Asia & India.
Etihad gets new CEO after takeover by Abu Dhabi wealth fund ADQ
Abu Dhabi state carrier Etihad‘s parent company has appointed Antonoaldo Neves as its new chief executive officer, replacing Tony Douglas, after the emirate’s government transferred Etihad‘s ownership to ADQ, the wealth fund said on Wednesday. Douglas, Etihad‘s CEO since 2018, who ADQ said has decided to pursue another unspecified opportunity, will serve as an adviser to the board of… Continue reading Etihad gets new CEO after takeover by Abu Dhabi wealth fund ADQ
Love, Bonito to open first US physical store next year, says “moving towards” IPO
Singapore’s Lovebonito Holdings, owner of the Love, Bonito female fashion brand and backed by investors including Chinese buyout firm Primavera Capital Group, is targeting opening its first US physical store next year, its top executive said. “The US is really one of the big bet markets for us that we want to double down on,” Dione Song, CEO of Lovebonito Holdings, told… Continue reading Love, Bonito to open first US physical store next year, says “moving towards” IPO
SpaceX’s satellite internet service is coming to planes with Starlink Aviation
/ Starlink Aviation promises up to 350 mbps per plane, with deliveries starting in 2023. Internet is provided via the Aero Terminal, seen on top of the aircraft.Image: SpaceX SpaceX’s satellite internet service Starlink will soon be available on select airplanes with the official launch of Starlink Aviation next year, the company has announced. It… Continue reading SpaceX’s satellite internet service is coming to planes with Starlink Aviation
Lyft now lets you reserve parking spaces
/ Search and pay for spaces ahead of your travel plans. The new Lyft parking feature allows users to search for and reserve parking spaces directly within the app.Image: Lyft Lyft users can now search, reserve, and pay for parking spaces from the app in cities across the US, reports the San Francisco Chronicle. Drivers… Continue reading Lyft now lets you reserve parking spaces