Thu, 25 Jun 2015
AEON Mall, a subsidiary of Japan's largest retailer AEON Group, recently launched its first shopping mall in Indonesia.

The massive facility is developed and operated by AMSL, in partnership with AEON and the local real estate giant, Sinar Mas Land.

"Indonesian market is expected to grow, supported by the significant economic growth and the increasing middle-class. We want to contribute to the economic growth of Indonesia through our retail business. We created 3,500 new jobs at this shopping centre. We wish to contribute to the economic growth by contributing to the life improvement for the people in Indonesia," said Motoya Okada, Group CEO, President, AEON Co., Ltd.

AEON operates 141 malls in Japan and is expanding through Southeast Asia, such as in Malaysia, where it is the biggest retailer, as well as Philippines.

It forayed into Vietnam and Cambodia by opening shopping malls last year.

AEON Mall BSD City, the 177,000 square meter shopping mall houses 280 diversified stores, 47 of which are part of popular Japanese franchises.

It also includes 140 restaurants and the largest food court in BSD district.

AEON is targeting suburban areas where young families and youth with high spending live.

It plans to open 20 new shopping malls in Indonesia, mainly in West Java and the Greater Jakarta area after 2016.

"We have very high expectations in the suburb or the Greater Jakarta area in Indonesia," added Okada.

In recent years, the world has embarked on assistance to Myanmar, as the country's democratization has rapidly advanced.

The Japanese government has also decided to provide Overseas Development Assistance to the country. It includes renovation of aging signal equipments for the Myanmar railways.

Japan's signal manufacturer, Kyosan Electric Manufacturing had produced and delivered the signal equipments for 27 Burma National Railway Stations at the age of the former Burma era in 1957.

These signal equipment delivered by Kyosan Electric Manufacturing, were manufactured about 60 years ago.

Even today, they are still running on active duty, it is continuously contributing to the safety of the Myanmar Railway's passenger and cargo trains.

The signal equipment made by Kyosan Electric Manufacturing at Mandalay station was the largest at that time. It is actively running even now.

"Mandalay Station was established in 1949. This Kyosan Signaling System was installed in 1960. Still, Myanmar Railway is running with this Japanese signaling system without failure for 60 years. I realize the easy maintenance, reliability and safety of the "Made in Japan" with respect," said Htein Win, Assistant General Manager, Ministry of Rail Transportation, Myanmar Railways.

The products made by Kyosan Electric Manufacturing still continue to operate and gathers enormous trust by the maintenance personnel of Myanmar national railway. (ANI)





News Search/Filter
Transaction Rates
19 Jul 18
Buy
Sell
AED1
3,890.32
3,890.32
AFN1
196.14
196.14
ALL1
131.98
131.98
AMD1
29.76
29.76
ANG1
7,743.66
7,743.66
AOA1
56.27
56.27
ARS1
517.34
517.34
AUD1
10,572.38
10,572.38
AWG1
7,989.84
7,989.84
AZN1
8,393.46
8,393.46
BAM1
8,489.41
8,489.41
BBD1
7,144.93
7,144.93
BDT1
169.07
169.07
BGN1
8,499.80
8,499.80
BHD1
37,757.65
37,757.65
BIF1
8.06
8.06
BMD1
14,289.87
14,289.87
BND1
10,490.23
10,490.23
BOB1
2,067.58
2,067.58
BRL1
3,710.95
3,710.95
BSD1
14,289.87
14,289.87
BTC1
104,917,838
104,917,838
BTN1
208.17
208.17
BWP1
1,387.31
1,387.31
BYN1
7,182.67
7,182.67
BZD1
7,107.80
7,107.80
CAD1
10,851.01
10,851.01
CDF1
8.85
8.85
CHF1
14,306.82
14,306.82
CLF1
601,425.67
601,425.67
CLP1
21.88
21.88
CNH1
2,118.68
2,118.68
CNY1
2,126.91
2,126.91
COP1
4.98
4.98
CRC1
25.19
25.19
CUC1
14,289.87
14,289.87
CUP1
560.38
560.38
CVE1
150.41
150.41
CZK1
643.64
643.64
DJF1
80.28
80.28
DKK1
2,232.74
2,232.74
DOP1
287.04
287.04
DZD1
121.15
121.15
EGP1
798.38
798.38
ERN1
950.08
950.08
ETB1
514.57
514.57
EUR1
16,641.30
16,641.30
FJD1
6,833.16
6,833.16
FKP1
18,688.29
18,688.29
GBP1
18,688.29
18,688.29
GEL1
5,832.20
5,832.20
GGP1
18,688.29
18,688.29
GHS1
2,982.84
2,982.84
GIP1
18,688.29
18,688.29
GMD1
297.58
297.58
GNF1
1.57
1.57
GTQ1
1,907.42
1,907.42
GYD1
68.31
68.31
HKD1
1,820.63
1,820.63
HNL1
595.02
595.02
HRK1
2,250.40
2,250.40
HTG1
211.71
211.71
HUF1
51.30
51.30
IDR1
1.00
1.00
ILS1
3,929.36
3,929.36
IMP1
18,688.29
18,688.29
INR1
208.65
208.65
IQD1
11.98
11.98
IRR1
0.32
0.32
ISK1
133.73
133.73
JEP1
18,688.29
18,688.29
JMD1
108.92
108.92
JOD1
20,140.68
20,140.68
JPY1
126.67
126.67
KES1
142.13
142.13
KGS1
209.47
209.47
KHR1
3.52
3.52
KMF1
33.79
33.79
KPW1
15.87
15.87
KRW1
12.62
12.62
KWD1
47,164.10
47,164.10
KYD1
17,143.63
17,143.63
KZT1
41.40
41.40
LAK1
1.69
1.69
LBP1
9.45
9.45
LKR1
89.39
89.39
LRD1
88.72
88.72
LSL1
1,073.96
1,073.96
LYD1
10,411.70
10,411.70
MAD1
1,507.22
1,507.22
MDL1
856.81
856.81
MGA1
4.25
4.25
MKD1
270.24
270.24
MMK1
9.93
9.93
MNT1
5.85
5.85
MOP1
1,767.00
1,767.00
MRO1
40.19
40.19
MRU1
398.54
398.54
MUR1
413.59
413.59
MVR1
927.30
927.30
MWK1
19.67
19.67
MXN1
755.89
755.89
MYR1
3,520.10
3,520.10
MZN1
243.97
243.97
NAD1
1,074.02
1,074.02
NGN1
39.58
39.58
NIO1
450.16
450.16
NOK1
1,748.81
1,748.81
NPR1
130.11
130.11
NZD1
9,705.53
9,705.53
OMR1
37,119.15
37,119.15
PAB1
14,289.87
14,289.87
PEN1
4,367.98
4,367.98
PGK1
4,344.59
4,344.59
PHP1
267.27
267.27
PKR1
111.94
111.94
PLN1
3,859.98
3,859.98
PYG1
2.49
2.49
QAR1
3,924.71
3,924.71
RON1
3,574.96
3,574.96
RSD1
141.07
141.07
RUB1
226.71
226.71
RWF1
16.44
16.44
SAR1
3,810.32
3,810.32
SBD1
1,813.49
1,813.49
SCR1
1,055.42
1,055.42
SDG1
793.65
793.65
SEK1
1,612.39
1,612.39
SGD1
10,466.16
10,466.16
SHP1
18,688.29
18,688.29
SLL1
2.26
2.26
SOS1
24.65
24.65
SRD1
1,916.04
1,916.04
SSP1
109.69
109.69
STD1
0.67
0.67
STN1
675.64
675.64
SVC1
1,632.78
1,632.78
SYP1
27.74
27.74
SZL1
1,073.69
1,073.69
THB1
429.03
429.03
TJS1
1,517.71
1,517.71
TMT1
4,071.21
4,071.21
TND1
5,397.07
5,397.07
TOP1
6,183.18
6,183.18
TRY1
2,977.99
2,977.99
TTD1
2,119.70
2,119.70
TWD1
467.13
467.13
TZS1
6.26
6.26
UAH1
542.90
542.90
UGX1
3.81
3.81
USD1
14,289.87
14,289.87
UYU1
458.22
458.22
UZS1
1.83
1.83
VEF1
0.17
0.17
VND1
0.62
0.62
VUV1
131.43
131.43
WST1
5,520.45
5,520.45
XAF1
25.36
25.36
XAG1
222,407.23
222,407.23
XAU1
17,540,044.28
17,540,044.28
XCD1
5,287.55
5,287.55
XDR1
20,002.84
20,002.84
XOF1
25.36
25.36
XPD1
13,105,287.17
13,105,287.17
XPF1
139.45
139.45
XPT1
11,724,736.27
11,724,736.27
YER1
57.07
57.07
ZAR1
1,076.38
1,076.38
ZMW1
1,432.38
1,432.38
ZWL1
44.32
44.32
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