ADA acquires SingPost Unit in APAC Expansion Drive

ADA has acquired the e-commerce arm of Singapore Post with the objective of fast-tracking its development drive in the Asia Pacific region. Currently, as per Industry sources, the firm operates across ten markets, that comprise Malaysia, Singapore, Indonesia, Thailand, the Philippines, Sri Lanka, Bangladesh, Cambodia, Vietnam, and South Korea. Srinivas Gattamneni, CEO of ADA, stated: […]
Hyundai Motor Company signs MoU with Indonesia for new plant

Hyundai Motor Company recently inaugurated Hyundai Motor Manufacturing Indonesia, its first factory in Southeast Asia, located in Deltamas industrial complex near Cikarang, Indonesia, 40 kilometers east of the capital city of Jakarta. The inauguration follows Hyundai’s signing of a Memorandum of Understanding (MOU) with the Indonesian government to build and operate a local manufacturing plant […]