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Tag: Indonesia

  • Vietnam considers lifting Boeing 737 Max ban

    Vietnam considers lifting Boeing 737 Max ban

    The Civil Aviation Authority of Vietnam has proposed that the Boeing 737 Max aircraft be allowed to operate and imported to the country after a ban of over two years.

    The CAAV petitioned the Ministry of Transport to consider greenlighting the aircraft after 178 out of 195 global aviation authorities had lifted the ban on the jet.

    Over 360 Boeing 737 Max aircraft of 35 airlines have resumed service, it said.

    As of Sept.15, the aircraft has operated over 150,000 flights with over 370,000 hours of safe performance.

    Vietnam in April allowed the Boeing 737 Max to pass through its airspace, two years after it was grounded worldwide in March 2019 after 346 people were killed in two crashes in the space of a few months in Indonesia and Ethiopia.

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  • JD opens E-space store in Indonesia

    JD opens E-space store in Indonesia

    JD has introduced its first overseas E-space store through JD.ID – its e-commerce joint venture in Indonesia.

    Dudded JD.ID Electronic Store, the E-space store features an omnichannel model which offers technology and home appliance products from a list of electronics brands, including Huawei, Vivo and Oppo.

    Situated in Aeon Mall Sentul City, West Java, the 1300sqm store also provides experiential zones such as a gaming area and smart home area.

    “The launch of the E-space store in Indonesia proves our commitment to excellent service by offering various shopping platform options to our customers,” said Zhang Li, CEO of JD.ID.

    “We hope that through the inauguration of this newest offline outlet, JD.ID can more closely connect with consumers, especially providing them with convenience, comfort, and freedom in choosing the shopping platform that best suits their needs.”

    The E-space store model was first introduced by JD in 2019 in Chongqing, China, before being brought into other cities.

    Since launching its first omnichannel outlet in 2018, JD.ID has opened five physical stores in Indonesia that focus on omnichannel services.

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  • Foot Locker looking at Indonesia with stores and online platform

    Foot Locker looking at Indonesia with stores and online platform

    New York-based specialty athletic retailer, Foot Locker will be opening two stores and a localized webstore in Indonesia. Signing an exclusive licensing agreement with sports and leisure retailer PT Map Aktif Adiperkasa (MAP Active), the stores are scheduled to open in the fourth quarter of this year. There will be more stores to come in 2022.

    With plans to venture into the Southeast Asia market, Foot Locker acquired Text Trading Company, K.K (atmos) for US$360 million last month. Text Trading Company, K.K owns and licenses the atmos brand, a digitally-led, premium, global retailer headquartered in Japan. The acquisition of atmos will accelerate Foot Locker’s global reach with a highly strategic foothold in Japan, the third-largest economy globally while extending the company’s premium and top-tier offering.

    Noting that atmos is uniquely positioned, chairman and CEO of Foot Locker, Richard A. Johnson said that its innovative retail stores, high digital penetration, and distinctive products have made it a key influencer of youth and sneaker culture. With atmos, the company would be executing against its expansion initiative in the “rapidly growing Asia Pacific market”. Johnson added that this would establish a critical entry point in Japan and the company would benefit from it well.

    Johnson also expressed his excitement to bring atmos into the company’s portfolio brands and build on the strong foundation of this differentiated business. Welcoming atmo’s founder, Hidefumi Hommyo, Johnson said that he is considered as “one of the most influential people in streetwear and sneaker culture.”

    “Our passion for sneaker culture and ability to connect with our customers have been the driving forces of our growth ever since,” said Hommyo. He then emphasised that he was excited to join forces with Foot Locker to propel atmos into the next phase of growth as the company shares the same passion.

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  • Index Living Mall opens again in Indonesia

    Index Living Mall opens again in Indonesia

    Thai home furnishings retailer Index Living Mall Co Ltd has opened a new store under a partnership with Indonesian-based CT Corp in Jakarta.

    s in PT Retail’s Transmart Carrefour complex in the city’s CempakaPutih district. It covers 2,500 square metres of retail space.
    The company’s president and CEO Pisith Patamasatayasonthi said that the company expects to open as many as five to 10 stores next year and annually until 2020 in Indonesia.

    Shafie Shamsuddin, president director and CEO of PT Trans Retail Indonesia, said: “This strategic partnership is expected to provide added value for Indonesian consumers with more and more sophisticated choices of furniture products at Index Living Mall that are integrated in one area with Transmart Carrefour.

    “Surely this will provide a trend of positive and complementary consumer spending needs between Transmart Carrefour and Index Living Mall as well as we help to provide place and space for local products to partner with us.”

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  • Telkomsel chooses Infinet Wireless to provide connectivity in challenging terrain

    Telkomsel chooses Infinet Wireless to provide connectivity in challenging terrain

    Infinet Wireless, the global leader in fixed wireless broadband connectivity, provided its solutions to Telekomunikasi Selular, known by the trade name Telkomsel, one of the biggest cellular telecommunication operators in Indonesia and the sixth largest operator in the world.

    Having most of their Base Transceiver Stations (BTS) with IP microwave technology-enabled, as well as VSAT and optical cable, Telkomsel came to need large bandwidth using more cost-efficient technological solutions at the same time. The telecommunication operator selected Infinet Wireless solutions, such as Quanta 5, among others. It resulted in building up a radio link of 180 km to provide connectivity despite different obstacles, such as obstructive hills in the area, the ocean and the islands.

    Telkomsel selected Infinet Wireless’ orthogonal frequency-division multiplexing (OFDM) radio equipment, ticking the box for the most cost-efficient way for a wireless carrier that provides coverage in rural areas. The company’s technological partner, KISEL Group, a telecommunications services infrastructure provider, supplied the equipment, designed deployment of the links, and carried out support for the deployment of OFDM backhaul. KISEL Group planned to rely on a more cost-efficient solution by taking advantage of the unlicensed 5 GHz frequency band — a steady, carrier-class product, providing high-throughput performance and capable of working in nearLOS / NonLOS conditions.

    KISEL Group turned to Wirakom Sistem, the largest Indonesian Infinet Wireless solutions provider, who contributed to the successful design of a network that delivered the aggregated 108 Mbps service with the longest link ever, which at 180 km is a record-breaking length.

    When comparing vendors’ solutions, KISEL Group representatives spotted Infinet Wireless products’ top-notch technology and necessary resilience to work in extreme weather conditions. Added to this was a high level of user-friendliness when it came to engineers’ work, and the fact that Infinet Wireless solutions are highly cost-effective.

    “We were impressed with Infinet OFDM as one of our rural transmission solutions, especially the new Quanta range, which covers nLOS terrestrial transmission in hilly terrain with good quality and at an affordable price. Thanks also to the Kisel & Wirakom team, which has been supporting us as an intermediary company. It has delivered the service in several projects in Telkomsel, especially related to reducing satellite cost and special area development projects. Infinet has made the impossible propagation possible, delivering sufficient capacity and good quality,” said Teddy Indira Permana, General Manager Transport, Passive & Power Planning Division, PT Telkomsel.

    “The project was challenging due to the remote locations and long-distance of the area we wanted to cover – more than 180 kilometers; but we are more than happy with the Infinet solution deployed. We managed to provide regular and terrestrial areas with the required bandwidth capability needed for the telco systems to run smoothly with high availability performance. In addition, we have also future-proofed the whole wireless infrastructure network for further expansion,” Umar Syatri, Chief Operation Officer / Deputy Chairman of KISEL Group, concluded.

    “We are proud to introduce the best point-to-point solutions to our partner and customer, which have met the requirements. We have delivered a hundred links of Infinet Wireless products, and anticipate Quanta 5 will exceed expectations,” Wiwit Ratno Ongko, CEO of Wirakom Sistem, a distributor of Infinet Wireless solutions in Indonesia, summed up.

    In Indonesia’s diverse landscape, Infinet Wireless technology, especially that of OFDM radio, is proving to be a truly valuable solution, which is why Telkomsel, together with KISEL Group, is planning to expand the current framework. Considering the fact that Infinet Wireless solutions have already proven their productivity, the evolution promises to be even more exciting and profitable.

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  • Indonesia fintech startup Kredivo launches in Vietnam

    Indonesia fintech startup Kredivo launches in Vietnam

    Indonesian fintech platform Kredivo has announced a Vietnam launch through a joint venture, seeking to offer “buy now, pay later” services.

    It has partnered with Phoenix Holdings, a company with a diversified portfolio in consumer, financial services, retail and technology sectors, to form Kerdivo Vietnam JSC, according to a statement from the Indonesian company.

    “The launch of Kredivo in Vietnam, our first market outside Indonesia, is another key achievement and milestone for the business this year,” said its COO Valery Crottaz.

    This is because the country has low penetration of credit cards and a rapidly growing middle class, together with the fast-growing e-commerce market, he said.

    Kredivo will offer “buy now, pay later” services amid rising demand for consumer loans and a large ratio of cash used in purchases.

    It plans to reach Thailand and the Philippines next year. The company also wants to list in the U.S. by the first quarter of 2022.

    Vietnam’s fintech industry is seeing rising competition from both domestic and foreign players.

    Startup Infina had recently raised $2 million in seed funding from five global venture capitalists, while in June, Mfast raised $1.5 million in its Pre-Series A funding from a group of investors.

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  • Indonesia’s Bank Central Asia Targets Digital Growth

    Indonesia’s Bank Central Asia Targets Digital Growth

    Banks are playing catch-up to technology players in one of the world’s largest unbanked markets.

    Bank Central Asia (BCA) is boosting its digital capabilities amid increased competition from tech players in the banking space, according to a report on Wednesday.

    Indonesia’s biggest lender by market value will be investing $200 million to help its month-old digital unit Blu to increase market share ahead of an initial public offering in two years’ time. Blu currently has about 110,000 customers.

    BCA is targeting a fourfold increase in its capital, to four trillion rupiah (S$376.5 million), and is focused on gaining more customers, partners and merchants on its digital platform before the IPO, BCA president director Jahja Setiaatmadja told the publication.

    The country has an unbanked market of 83 million people, or about one-third of the population, and while traditional players have found it tough to expand across the archipelago nation, technology players have an advantage in their ease of scaling operations to meet this demand.

    Indonesia-headquartered super-app Gojek increased its stake in Bank Jago in December 2020 as part of its bid to accelerate financial inclusion in Asia, while Singapore-based e-commerce and gaming company Sea, which recently won a licence to run a digital bank in Singapore, bought unlisted lender Bank Kesejahteraan Ekonomi in January.

  • Indonesia’s Bank Central Asia Targets Digital Growth

    Indonesia’s Bank Central Asia Targets Digital Growth

    Banks are playing catch-up to technology players in one of the world’s largest unbanked markets.

    Bank Central Asia (BCA) is boosting its digital capabilities amid increased competition from tech players in the banking space, according to a «Bloomberg» report on Wednesday.

    Indonesia’s biggest lender by market value will be investing $200 million to help its month-old digital unit Blu to increase market share ahead of an initial public offering in two years’ time. Blu currently has about 110,000 customers.

    BCA is targeting a fourfold increase in its capital, to four trillion rupiah (S$376.5 million), and is focused on gaining more customers, partners and merchants on its digital platform before the IPO, BCA president director Jahja Setiaatmadja told the publication.

    The country has an unbanked market of 83 million people, or about one-third of the population, and while traditional players have found it tough to expand across the archipelago nation, technology players have an advantage in their ease of scaling operations to meet this demand.

    Indonesia-headquartered super-app Gojek increased its stake in Bank Jago in December 2020 as part of its bid to accelerate financial inclusion in Asia, while Singapore-based e-commerce and gaming company Sea, which recently won a licence to run a digital bank in Singapore, bought unlisted lender Bank Kesejahteraan Ekonomi in January.

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  • Subway plans to start selling into Indonesia

    Subway plans to start selling into Indonesia

    Subway, the world’s largest restaurant brand, has signed an agreement with PT Sari Sandwich Indonesia, a subsidiary of Indonesia’s food & beverage retailer, PT Map Boga Adiperkasa Tbk (MBA), whose parent company is PT Mitra Adiperkasa Tbk (MAP). This agreement kicks off Subway’s aggressive plans to expand its international footprint. The partnership will launch Subway restaurants in Indonesia by Q4 2021, with initial locations set to open in the Greater Jakarta region.

    “The demand for Subway restaurants is unprecedented in many markets around the world, including Indonesia,” says John Chidsey, Chief Executive Officer of Subway. “MAP, Indonesia’s leading lifestyle retailer, is the ideal partner to kick off our expansion in the Asia Pacific region, where we know convenient, better-for-you options are in demand. This is just the start of our global expansion plans.”

    A major player in the Indonesian F&B market, MBA has over 590 stores across 33 Indonesian cities serving brands like Starbucks, Pizza Marzano, Krispy Kreme and others. According to the agreement, the Subway brand will be managed by PT Sari Sandwich Indonesia and expands MBA’s business portfolio to eight premium international brands. In addition, Indonesia will be the first-ever market to implement Subway’s exclusive country franchise model globally. Based on this model, MBA will solely spearhead Subway’s development in Indonesia with the goal of establishing strong and steady annual restaurant growth.

    “MBA recognizes the importance of food retailing and works with best-in-class brands, making Subway a natural choice,” says V.P. Sharma, Group CEO of PT Mitra Adiperkasa Tbk.

    The partnership expands growth for both companies, allowing Subway fans in Indonesia to get freshly made, craveable food with fast, friendly and convenient service closer to home.

    “Subway offers delicious, better-for-you sandwich choices that cater to the growing trend of Indonesians looking for a more balanced and healthier diet,” said Anthony Cottan, President Director of PT Map Boga Adiperkasa Tbk. “The Subway model of making every sandwich customized, in addition to its convenience and affordability, will attract many guests and position it for growth in Indonesia for many years to come.”

    The expansion into Indonesia marks the first step in Subway’s continuing plans to grow its presence in the Asia Pacific region. The brand’s restaurants and sales throughout the region, in countries such as South Korea, Australia, New Zealand, Thailand and Singapore, have seen significant success in recent years and Subway expects similar results in Indonesia.

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  • Allianz Global Investors to Grow Indonesia Presence

    Allianz Global Investors to Grow Indonesia Presence

    The firm has signed an agreement to acquire an Indonesia-based asset manager, where it aims to create an on-the-ground, market-leading setup to grow its footprint.

    Allianz Global Investors (Allianz GI) has announced plans to acquire Indonesia’s RHB Asset Management from shareholders RHB Banking Group and RHB Sekuritas Indonesia, according to a statement on Monday.

    RHBAM had $480 million in assets under management, as of 31 December 2020. With the deal, it will gain access to AllianzGI’s investment expertise and solutions, allowing it to being in new perspectives to the Indonesia asset management market, the statement said.

    The transaction is expected to be completed in 4Q 2021 and is subject to various conditions precedent, including the approval by the Indonesian Financial Services Authority.

    Allianz GI said that strengthening its franchise in Southeast Asia has long been a focus for the firm.

    We see Southeast Asia as the next growth engine besides China; backed by the solid presence of Allianz SE in Indonesia, the proposed acquisition is a confident stride to accelerate our entry into this fast-growing market, Tobias Pross, AllianzGI chief executive officer, said in the statement.

    The firm employs 690 investment professionals in 23 offices worldwide and manages €598 billion in assets for individuals, families and institutions, as of 31 March 2021.

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  • Indonesia’s Bukalapak kicks off $1.1 billion IPO

    Indonesia’s Bukalapak kicks off $1.1 billion IPO

    Indonesia’s Bukalapak launched an up to $1.13 billion IPO ahead of next month’s listing, marking the country’s biggest issue in over a decade amid rising investor appetite for tech stocks in a region boasting a growing consumer class, according to a term sheet seen by Reuters.

    The e-commerce company, which counts Singapore sovereign investor GIC and Microsoft among its backers, is set to be valued at $5.6 billion at the top end of a price range, doubling the company’s valuation from two years ago.

    Details of the IPO are currently being announced at an investor briefing.

    Reuters reported on Thursday that Bukalapak, the country’s fourth-biggest e-commerce firm, was targeting raising more than $1 billion in its IPO, 25% more than previously planned.

  • AirAsia Indonesia To Suspend Flights For One Month

    AirAsia Indonesia To Suspend Flights For One Month

    On Saturday, July 3rd, AirAsia Indonesia announced that it would be suspending its operations for at least a month due to the worsening COVID-19 situation in the country. The airline has called its suspension a form of support for the Indonesian government’s efforts in tackling the virus.

    According to a statement issued by the AirAsia Group subsidiary, all scheduled flights on the airline’s domestic Indonesian and international routes will temporarily stop operating from July 6th to August 6th, 2021.

    “AirAsia remains committed to serving charter and cargo flights to support repatriation missions, delivery of goods and other essential interests by implementing strict health and safety protocols.”

    AirAsia is taking a flexible approach to existing bookings and reservations on canceled flights. For bookings on flights during the suspension period, passengers can convert tickets into a credit account which is valid for up to 730 days (two years). They can also change their flight schedule to another date until 31 October 2021, which can be done an unlimited number of times at no additional cost.

    While new daily case counts had been ‘stabilizing’ around five to six thousand during the month of May, this figure has significantly jumped over the month of July. New daily case counts are now exceeding 20,000 and continue to climb. Indeed, case counts began to climb in late May and early June – weeks after many Indonesians traveled and celebrated in marking the Islamic holiday Eid al-Fitr.

    A prominent epidemiologist from the University of Indonesia, Dr. Pandu Riono, describes the situation in the country as “herd stupidity.”

    This label was given due to what Dr. Riono calls mixed messaging and poor decision-making from the government, combined with the general public’s refusal to follow health protocols and reluctance to receive jabs.

    As we’ve seen in many other cases around the world, the suspension of flights could be extended further, depending on the country’s COVID situation. If case counts and hospitalizations continue to rise, we can expect more canceled flights in an effort to contain the situation.

    “AirAsia always puts the safety and security of every passenger and all of its employees first. We will continue to evaluate the development of the situation and are ready to re-open our scheduled flight services at any time if the situation improves.”

    With this in mind, AirAsia customers are advised to periodically monitor the airline’s travel advisory information, available on the AirAsia app, as well as on the airline’s social media channels.

  • Indosat partners Cisco for first commercial SRv6-based 5G-ready transport network in Southeast Asia

    Indosat partners Cisco for first commercial SRv6-based 5G-ready transport network in Southeast Asia

    Indosat Ooredoo, Indonesia’s leading digital telco, announced the first commercial deployment of Segment Routing over IPv6 (SRv6) in Southeast Asia to support the development of its 5G services across the country. Partnered with Cisco, Indosat Ooredoo is transforming its Transport infrastructure into a state-of-the-art, programmable, 5G-ready transport network supported by IPv6 segment routing technology (SRv6) with Network Slicing, which enables a simple, scalable, agile, and reliable network to meet the needs of retail and business segment customers.

    This new technology, along with Indosat Ooredoo wide fiber optic network expansions, will support the growing demand for mobile data consumption with the emergence of newer technologies like Cloud Computing and Network slicing. SRv6 intelligent routing functionality that enables deterministic routing paths will guarantee high quality and low latency on-demand services with faster data connectivity and full automation required to serve digital communities throughout Indonesia. In addition, network slicing allows Indosat Ooredoo to create new digital services for each customer by enabling the functions that cater to their needs.

    Indosat Ooredoo, in partnering with Cisco, will accommodate the new requirements of 5G use cases of many business segments and industries, including fixed and mobile broadband services, through fully automated SRv6 infrastructure, and seamlessly migrate the currently existing network to the next generation software-defined network to improve customer’s digital experience with optimized TCO as one of the key elements of its network automation and digital transformation strategy.

    “We are excited with the launch of Southeast Asia’s first SRv6-based 5G-ready transport network together with Cisco to support Indosat Ooredoo’s digital transformation journey, addressing our consumers and enterprise customers’ needs for on-demand and scalable network requirements. This is a major step in building our Next-Generation Programmable Transport Network that is future-ready, scalable, with automated operations enabled by Software Defined Network (SDN) and intelligent segment routing functions of SRv6. This will allow us to deliver fast, on-demand, high-quality low-latency connectivity services for 5G, cloud computing and IoT for both consumers and enterprises across Indonesia establishing a strong foundation for 5G architecture moving forward to support Indonesia’s vision as a fully digital nation” said Medhat Elhusseiny, Chief Technology and Information Officer of Indosat Ooredoo.

    “Indosat Ooredoo has an intense focus on improving service quality for its customers while driving the efficiency as well as the new revenue creation,” said Sanjay Kaul, President of APJ Service Provider, Cisco. “With the launch of SRv6 network programming, Indosat Ooredoo is pioneering the next phase of IP networking through simplification, automation, and championing the needs of its customers. With the capabilities provided by SRv6, Indosat Ooredoo, powered by Cisco, aims to support Indonesia as it continues its digital economic transformation to drive operational efficiencies, customer experience, as well as product and service innovation across their organizations. Together, Indosat Ooredoo and Cisco can ensure a better network, digital experience, and a more inclusive future for all Indonesians.”

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  • Axiata expands network leadership with commercial Open RAN across Asia

    Axiata expands network leadership with commercial Open RAN across Asia

    Axiata Group Berhad (“Axiata” or “the Group”) has embarked on an ambitious network transformation program, leveraging Open Radio Access Networks (Open RAN) as a key technology for mobile networks designed to narrow the digital divide and enhance rural connectivity across Asia.

    Eyeing large-scale commercial deployments by year-end, the Group has successfully conducted Open RAN commercial field pilots in Malaysia, Indonesia, and Sri Lanka through strategic partnerships with leading global network solutions providers Mavenir and Parallel Wireless and supported by Infosys as systems integrator (SI).

    Through its strategic partnership with Mavenir, the industry’s end-to-end network software provider, Axiata has deployed the MAWair Open vRAN solution including all G Open RAN, Packet Core and Mobile Network applications at selected sites, in Malaysia, Indonesia and Sri Lanka. To simulate non-ideal backhaul conditions, especially for rural areas, the sites selected are connected with non-ideal backhaul (microwave links), and in some cases satellite, making this the first satellite backhaul powered Open vRAN sites in the world.

    During the testing phase, Axiata was also able to achieve the first live commercial service integration of the Telecom Infra Project (TIP)’s Evenstar 4G Radio through Mavenir’s MAVair O-RAN based solution for Open RAN. Axiata is a participant of the TIP initiative in which a global community of companies and organizations are working together to accelerate the development and deployment of open, disaggregated, and standards-based technology solutions that deliver high quality, low-cost connectivity.

    Axiata’s commercial pilot also encompassed a collaboration with Parallel Wireless, the US-based Open RAN company delivering all G, cloud-native Open RAN solutions. Axiata successfully demonstrated commercial deployment of 2G and 4G Open RAN connectivity within its network in Sri Lanka which is operated by Dialog Axiata.

    Parallel Wireless’s solutions enabled 2G and 4G technology to be installed on the same radio units, with baseband deployed on a x86 commercial-off-the-shelf (COTS) platform, and all other applications deployed on Axiata’s OpenStack cloud infrastructure. The field trials now elevated to commercial availability, included 3-Sector, 4-Sector and 6-Sector sites, and demonstrated high-quality network performance.

    End user experience was demonstrated to be seamless and, in some cases, superior in terms of mobile broadband experience including next generation voice services. Commercial deployment encompassed rural, sub-urban and urban environments.

    The paradigm shift in telco networks towards Open RAN requires system integration capabilities to bring together the ecosystem of disaggregated components using standardized open interfaces on general-purpose hardware and ensuring interoperability in a carrier grade environment. Axiata was supported by Infosys in executing multi-faceted system integrations required to demonstrate the comprehensive coverage of Open RAN configuration options.

    Thomas Hundt, Axiata’s Group Executive Vice President – Technology said, “Open RAN is the future for mobile networks, and it will be critical for 4G expansions as well as the 5G evolution that Axiata’s markets will soon embrace. Aligning with our vision to become The Next Generation Digital Champion, the benefits from open networks will enable Axiata to better serve rising connectivity needs across the region, especially in rural and underserved areas, whilst ensuring sustainable value creation for our stakeholders.”

    “Together with our partners Mavenir, Parallel Networks and Infosys, and in line with the global connectivity push under the Telecom Infrastructure Project, Axiata is committed towards embracing fully automated infrastructure to boost the open network’s ecosystem in Asia. Our successful trials in Malaysia, Sri Lanka and Indonesia prove that Open RAN solutions enable greater operational and cost efficiencies using advanced technologies, whilst also meeting the needs of our digital inclusion efforts across the region. We look forward to taking the next step towards commercialization in our pursuit of catalyzing game-changing advancements across emerging Asia,” he said.

    Pardeep Kohli, Mavenir President and CEO said, “Mavenir is delighted to work with Axiata on their radio network transformation initiative and to achieve excellent results in the live everyday environment, proving the extreme flexibility of Open vRAN. The collaboration will transform existing networks into a dynamic, agile and cloud-native based platform where Mavenir and Axiata will build the Networks of the Future.”

    Keith Johnson, President of Parallel Wireless said, “We are honored to partner with Axiata, replacing their incumbent vendors equipment with our leading-edge Open RAN Solution to enable 2G and 4G broadband services in Sri Lanka and other Axiata subsidiaries. We are thrilled that the trials are successful, and we look forward to the commercial deployments in 2021.”

    Anand Swaminathan, EVP & Global Industry Leader, Communications, Media & Technology Infosys said, “Open RAN is transforming the wireless architecture and is enabling Telecom operators to be more competitive and innovative, while providing them flexibility in RAN component suppliers’ ecosystem. The successful completion of the field trial on live network was a major milestone for accelerating the scaled deployment of virtual and Open RAN networks. Infosys is excited to be the SI partner to Axiata in this transformational journey and is committed to stand together to achieve many more milestones in the near future.”

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  • Car imports from China up 6.5-fold

    Car imports from China up 6.5-fold

    Vietnam imported 9,400 vehicles from China in the first five months of the year, 6.5 times higher than in the same period last year, according to the customs department.

    Of them, nearly 5,600 were special purpose vehicles and 2,840 were trucks, with passenger cars accounting for the rest.

    China remained the third-largest source of vehicles for Vietnam behind Thailand and Indonesia.

    Thailand dominated with 33,140 vehicles, double the figure from the same period last year, and Indonesia accounted for 18,340 units, up 16.2 percent, with the two accounting for 80 percent of imports.

    Under the ASEAN Trade in Goods Agreement that took effect in 2018, import tariffs on vehicles within the bloc are zero.

    Vietnam’s imports jumped by 78 percent to over 65,700 units.

    Auto sales rose 53 percent to 126,894 units, according to the Vietnam Automobile Manufacturers Association.

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