SINGAPORE Cheap Aroldis Chapman Jersey , Jan. 17 (Xinhua) -- Singapore looks forward to promoting business partnerships and collaborations with Indonesia as 2017 marks the 50th anniversary of diplomatic relations between the two countries, said Singapore's Minister for Trade and Industry (Trade) Lim Hng Kiang on Tuesday.
Speaking at the "Indonesia- Singapore Business Partnerships 50 years and Beyond", Lim highlighted that bilateral ties have "grown from strength to strength", with robust economic ties being a trademark of the relationship.
In terms of bilateral trade, Singapore was Indonesia's third largest trading partner and Indonesia was Singapore's fourth largest trading partner in 2015.
Lim also noted that Singapore is Indonesia's largest foreign investor, with Singaporean companies investing almost 7.1 billion U.S. dollars in Indonesia for the first nine months of 2016, double that of the same period in 2015.
The minister encouraged Singapore's companies to actively look out for economic opportunities in Indonesia, including those beyond Jakarta.
He added that the Kendal Industrial Park near Semarang exemplified how commercial collaboration between companies from both countries can help promote industrial growth and attract greater infrastructure development to the Central Java region.
"Indonesia's focus on developing new infrastructure and improving existing ones creates opportunities for Singapore companies with relevant expertise in the utilities, communications, energy and transportation sectors," said Lim.
Lim added that "As Indonesia's middle class grows, Singapore companies can find opportunities in service sectors such as tourism, healthcare and education."
Abdurrahman Mohammad Fachir, Indonesia's Vice Minister for Foreign Affairs, who spoke at the same event, praised the enduring and growing partnership between the neighbors and urged both countries not to forget that "regional stability" is a very important asset, according to local media reports.
More than 250 businessmen and officials participated in the business seminar organized by the Singapore Manufacturing Federation and the Indonesian embassy in Singapore.
MADRID, Feb. 14 (Xinhua) -- The Chinese wine "Noble Dragon", produced by the Changyu Pioneer Wine winery, has sold over 100,000 bottles during its first ten months on sale in Spain, the company said on Tuesday.
The wine is marketed in Spain by Marques del Atrio and is on sale in supermarket chains such as Carrefour, El Corte Ingles, Consum and DIA.
The news comes when Noble Dragon is also being launched by the British supermarket chain, Sainsburys, in Britain, which becomes the sixth European country to sell the brand, after Germany, Denmark, Holland and Switzerland, and Spain.
Noble Dragon is made from the Cabernet Gernischt grape variety, and with sales of over 450 million bottles in 2015 in the world, it is the highest selling wine in the World.
Yantai, Shandong Province-based Changyu is China's biggest wine producer and has announced its plan to sign with distributors in about 15 European countries, to sell its products in local supermarkets.
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