Sat, 27 Jun 2015
EDUCATION in renewables could be the key to business opportunities for Grimsby-area companies in Indonesia.

Two leading training providers operating in North East Lincolnshire are exploring opportunities, working alongside Hull and Humber Chamber of Commerce.

Food businesses are already active in a market which is driven by a population of 250 million, and support services for UK companies are well established.

The scale of the potential emerging was underlined by a delegation of influential trade and industry leaders who are now following up with business who gathered at a private meeting on the Humber earlier this month. Related content

Members of BKPM, Indonesia's Investment Co-ordinating Board, met national and regional businesses brought together by the Chamber.

Pauline Wade, the director of international trade, said: "The meeting generated excellent engagement between senior business leaders in the region and our visitors from Indonesia and we see that as the beginning of developing a relationship with them.

"One of the quickest ways to form cultural ties is through education. We need to work hard in terms of profile but Grimsby Institute and Heta have already visited Malaysia with the Chamber and they are considering other countries in the region."

Nurul Ichwan, director of the Indonesian Investment Promoting Centre, said opportunities exist across his nation's economy, and particularly in renewables.

He said: "We want industry in Indonesia to grow faster because we have natural resources that we want to develop. This is a time for Indonesia to start looking at green energy.

"We are looking for joint ventures with companies from the UK to develop projects in Indonesia. We have more sun than the UK and we have a very long coastline which presents a big opportunity.

"Any kind of training that will increase capacity and skills will be needed. Our Ministry of Manpower is thinking about the right training strategy."

Iain Elliott, chief executive of Humberside Engineering Training Association (Heta), said the company is looking into exporting expertise by sending its trainers overseas and by bringing trainees to the Humber.

He said: "Our interest is in looking for those countries which are trying to develop technical and vocational education. We have looked at the Emirates and Malaysia and there is no reason why Indonesia would not figure as well."

Heta's teaching, quality and innovation head, Mike Cargill, added: "The ideas we are looking at are opportunities to train international colleagues at our training centres in Hull, Scunthorpe and Stallingborough, allowing our instructors to go abroad for short periods of time to train people in their home countries."

Tony Bell, vice-principal for commercial activity at Grimsby Institute, said his organisation is keen to explore "any or all education, training, research and consultancy opportunities – both in the UK and the ASEAN region".





News Search/Filter
Transaction Rates
26 May 18
Buy
Sell
AED1
3,841.20
3,841.20
AFN1
196.39
196.39
ALL1
129.88
129.88
AMD1
29.23
29.23
ANG1
7,857.46
7,857.46
AOA1
60.15
60.15
ARS1
573.90
573.90
AUD1
10,659.11
10,659.11
AWG1
7,893.04
7,893.04
AZN1
8,287.11
8,287.11
BAM1
8,443.99
8,443.99
BBD1
7,054.40
7,054.40
BDT1
166.91
166.91
BGN1
8,420.63
8,420.63
BHD1
37,361.97
37,361.97
BIF1
7.88
7.88
BMD1
14,108.81
14,108.81
BND1
10,484.35
10,484.35
BOB1
2,041.12
2,041.12
BRL1
3,860.35
3,860.35
BSD1
14,108.81
14,108.81
BTC1
104,131,851
104,131,851
BTN1
208.14
208.14
BWP1
1,420.92
1,420.92
BYN1
7,039.59
7,039.59
BZD1
7,016.83
7,016.83
CAD1
10,877.89
10,877.89
CDF1
8.73
8.73
CHF1
14,254.42
14,254.42
CLF1
617,724.00
617,724.00
CLP1
22.58
22.58
CNH1
2,208.40
2,208.40
CNY1
2,208.57
2,208.57
COP1
4.90
4.90
CRC1
24.93
24.93
CUC1
14,108.81
14,108.81
CUP1
553.28
553.28
CVE1
149.77
149.77
CZK1
638.93
638.93
DJF1
79.26
79.26
DKK1
2,206.53
2,206.53
DOP1
285.25
285.25
DZD1
121.20
121.20
EGP1
787.87
787.87
ERN1
934.42
934.42
ETB1
512.86
512.86
EUR1
16,445.95
16,445.95
FJD1
6,816.68
6,816.68
FKP1
18,774.58
18,774.58
GBP1
18,774.58
18,774.58
GEL1
5,703.96
5,703.96
GGP1
18,774.58
18,774.58
GHS1
3,043.97
3,043.97
GIP1
18,774.58
18,774.58
GMD1
299.16
299.16
GNF1
1.56
1.56
GTQ1
1,886.83
1,886.83
GYD1
67.46
67.46
HKD1
1,798.18
1,798.18
HNL1
591.07
591.07
HRK1
2,224.10
2,224.10
HTG1
219.26
219.26
HUF1
51.44
51.44
IDR1
1.00
1.00
ILS1
3,961.85
3,961.85
IMP1
18,774.58
18,774.58
INR1
208.30
208.30
IQD1
11.87
11.87
IRR1
0.33
0.33
ISK1
132.81
132.81
JEP1
18,774.58
18,774.58
JMD1
111.71
111.71
JOD1
19,888.21
19,888.21
JPY1
128.96
128.96
KES1
139.42
139.42
KGS1
206.70
206.70
KHR1
3.46
3.46
KMF1
33.42
33.42
KPW1
15.67
15.67
KRW1
13.09
13.09
KWD1
46,667.40
46,667.40
KYD1
16,924.65
16,924.65
KZT1
42.90
42.90
LAK1
1.68
1.68
LBP1
9.32
9.32
LKR1
89.27
89.27
LRD1
102.62
102.62
LSL1
1,131.87
1,131.87
LYD1
10,412.41
10,412.41
MAD1
1,484.35
1,484.35
MDL1
838.41
838.41
MGA1
4.31
4.31
MKD1
266.90
266.90
MMK1
10.39
10.39
MNT1
5.85
5.85
MOP1
1,745.36
1,745.36
MRO1
39.68
39.68
MRU1
395.20
395.20
MUR1
405.01
405.01
MVR1
909.67
909.67
MWK1
19.59
19.59
MXN1
722.08
722.08
MYR1
3,544.06
3,544.06
MZN1
232.75
232.75
NAD1
1,130.06
1,130.06
NGN1
39.08
39.08
NIO1
448.61
448.61
NOK1
1,726.37
1,726.37
NPR1
130.06
130.06
NZD1
9,757.65
9,757.65
OMR1
36,644.65
36,644.65
PAB1
14,108.81
14,108.81
PEN1
4,316.60
4,316.60
PGK1
4,320.36
4,320.36
PHP1
268.15
268.15
PKR1
122.04
122.04
PLN1
3,814.88
3,814.88
PYG1
2.47
2.47
QAR1
3,874.98
3,874.98
RON1
3,552.08
3,552.08
RSD1
139.14
139.14
RUB1
226.81
226.81
RWF1
16.38
16.38
SAR1
3,760.54
3,760.54
SBD1
1,792.37
1,792.37
SCR1
1,048.78
1,048.78
SDG1
783.60
783.60
SEK1
1,609.12
1,609.12
SGD1
10,514.85
10,514.85
SHP1
18,774.58
18,774.58
SLL1
1.80
1.80
SOS1
24.64
24.64
SRD1
1,889.23
1,889.23
SSP1
108.30
108.30
STD1
0.67
0.67
STN1
669.93
669.93
SVC1
1,611.97
1,611.97
SYP1
27.39
27.39
SZL1
1,130.06
1,130.06
THB1
442.31
442.31
TJS1
1,569.65
1,569.65
TMT1
4,019.62
4,019.62
TND1
5,526.81
5,526.81
TOP1
6,176.24
6,176.24
TRY1
2,996.71
2,996.71
TTD1
2,092.62
2,092.62
TWD1
470.96
470.96
TZS1
6.18
6.18
UAH1
540.22
540.22
UGX1
3.77
3.77
USD1
14,108.81
14,108.81
UYU1
451.22
451.22
UZS1
1.76
1.76
VEF1
0.17
0.17
VND1
0.61
0.61
VUV1
131.31
131.31
WST1
5,481.42
5,481.42
XAF1
25.07
25.07
XAG1
232,750.99
232,750.99
XAU1
18,363,203.04
18,363,203.04
XCD1
5,220.55
5,220.55
XDR1
20,008.95
20,008.95
XOF1
25.07
25.07
XPD1
13,851,320.11
13,851,320.11
XPF1
137.81
137.81
XPT1
12,726,467.28
12,726,467.28
YER1
56.35
56.35
ZAR1
1,127.97
1,127.97
ZMW1
1,361.85
1,361.85
ZWL1
43.76
43.76
Taxation Exchange Rates
31 Aug 16 - 06 Sep 16
USD 1
13,232.00
AUD 1
10,043.30
CAD 1
10,213.70
DKK 1
1,999.40
HKD 1
1,706.22
MYR 1
3,283.28
NZD 1
9,623.63
NOK 1
1,605.23
GBP 1
17,433.70
SGD 1
9,757.68
SEK 1
1,569.45
CHF 1
13,631.10
JPY 100
13,101.00
MMK 1
11.01
INR 1
197.29
KWD 1
43,920.70
PKR 1
126.23
PHP 1
285.00
SAR 1
3,528.53
LKR 1
91.12
THB 1
382.08
BND 1
9,756.53
EUR 1
14,885.50
CNY 1
1,987.61

Okusi Associates: Indonesian Business & Management Services