Business Daily Media

Men's Weekly

.

HKSTP Showcases Innovative Tech in Indonesia

Actively Pursuing Vast Opportunities in GreenTech and AI in Southeast Asia

HONG KONG SAR - Media OutReach Newswire - 9 January 2025 - The Hong Kong Science and Technology Parks Corporation (HKSTP) participated in the "Think Business, Think Hong Kong" promotional event organised by the Hong Kong Trade Development Council in Jakarta, Indonesia, on 8 January.

During the event, HKSTP highlighted innovative green technologies and artificial intelligence (AI) solutions developed by Park companies to an audience of local business leaders, financial institutions, tech companies, SMEs, startups, and academics. The event was graced by the presence of Mr Paul Chan, the HKSAR Financial Secretary, and received an overwhelmingly positive response.

HKSTP participated in the
HKSTP participated in the "Think Business, Think Hong Kong" promotional event, organised by the Hong Kong Trade Development Council in Jakarta, Indonesia, to showcase innovative solutions developed by Park companies.

During its visit to Indonesia, the joint delegation from HKSTP, accompanied by representatives from 10 Park companies, showcased their diverse range of business solutions. These included real-time environmental monitoring of water, air, source emissions, and marine environments; AI-driven retail solutions; and 5G cameras with integrated data analysis capabilities, demonstrating the diversity of their business sectors. Furthermore, seven Park companies presented their cutting-edge technologies at the HKSTP Pavilion.

Kevin To, Founder of One Energy (HK) Ltd, a company specialising in electric motorcycles, said, "Indonesia has the highest number of motorcycles in the world. Through this event, our company aims to strengthen communication with local partners and government representatives, gain a deeper understanding of the local market, and establish long-term goals for setting up manufacturing facilities and investing in battery swapping networks."

Stanley Chow, Co-Founder and COO of Leapstack International Limited, a company that utilises AI and big data technologies to assist insurance companies with claims management and frauds detection, said, "Indonesia has recently undergone rapid economic development, which has generated a substantial demand for medical insurance products. As our company is preparing to expand into the Indonesian market, we aim to use this trip to establish connections with numerous potential partners."

Indonesia and Hong Kong have long maintained a close economic and trade relationship. In 2023, Hong Kong emerged as Indonesia's second-largest source of foreign direct investment, after Singapore, with investments amounting to USD 3.769 billion. The Indonesian authorities are proactively promoting the development of finance and AI, which has led to rapid growth in these sectors. Additionally, with plans to relocate the capital to Nusantara by 2028 and transform it into a green and smart city, there is a keen demand for green technologies.

The HKSTP delegation also participated in the trade delegation organised by the Hong Kong Information Technology Joint Council. During their visit to Indonesia, they held meetings with the Indonesian Minister of Investment and representatives from the Ministry of National Development Planning, as well as key local enterprises in the finance and telecommunications sectors. Park companies engaged in business matchmaking with local institutions spanning professional services, information technology, logistics, and manufacturing. These initiatives not only helped the Park companies tap into substantial development opportunities in the Indonesian market but also showcased Hong Kong's expertise in commercialising scientific research and its strategic role in assisting overseas tech companies to enter markets such as the Guangdong-Hong Kong-Macao Greater Bay Area, mainland China, and beyond.

Appendix: HKSTP Park Companies Participating in Think Business, Think Hong Kong in Jakarta, Indonesia


Company Name
1.
Apicem Technology Services Company Limited*
2.
i2Cool Limited
3.
Insight Robotics Limited
4.
Integrated Solutions Limited
5.
Karta-X Technologies Limited*
6.
Leapstack International Limited*
7.
Lihe Technology (HK) Co., Limited*
8.
Neufast Limited*
9.
One Energy (HK) Limited*
10.
SmartRetail Group Limited*
Remarks: In alphabetical order

*Park companies presented their cutting-edge technologies at the HKSTP Pavilion.

Hashtag: #HKSTP

The issuer is solely responsible for the content of this announcement.

News from Asia

XCoffee Launches the Region’s First AI-Powered Smart Robotic Beverage

SINGAPORE - Media OutReach Newswire - 10 October 2025 - XCoffee, a Singapore-based beverage technology company, unveiled the latest evolution of its AI-powered smart robotic beverage, reinforcing ...

Jollibee Group Named Among Top Global Restaurant Brands for Sustainability Perception Value

Jollibee Group also ranked #1 in Brand Finance 2025 Sustainability Perceptions Index among all Philippine companies MANILA, PHILIPPINES - Media OutReach Newswire - 9 October 2025 - Jollibee Group...

The G-DRAGON 2025 WORLD TOUR [ÜBERMENSCH] IN HANOI - Day 2 Tickets Now On Sale At 8Wonder Ocean City

HANOI, VIETNAM - Media OutReach Newswire - 10 October 2025 - The Vietnamese music scene is experiencing an unprecedented seismic event: G-DRAGON has assented to fan demands, officially announcing...

XIXILI Unveils Pinktober Campaign in Honour of Breast Cancer Awareness Month

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 11 October 2025 - For XIXILI, support is more than a design principle; it is a mission woven into every seam. In conjunction with Breast Cancer A...

Haikou, China: Where the City Becomes a Stage, and Art Belongs to All

HAIKOU, CHINA - Media OutReach Newswire - 11 October 2025 - From September 28 to October 8, Haikou, the capital of China's Hainan Province, won global attention with its colorful public art activi...

VinFast sets national record, surpasses 100,000 vehicles sold in just three quarters

HANOI, VIETNAM - Media OutReach Newswire - 11 October 2025 - VinFast has officially become the first automobile brand in Vietnam to surpass 100,000 vehicle sales within the first three quarters o...

Linyi international sourcing conference enhances global trade links

LINYI, CHINA - Media OutReach Newswire - 11 October 2025 - The 3rd Linyi Trade City International Sourcing Conference for Belt and Road Cooperation kickstarted a global trade extravaganza on Oct 1...

CGTN:How China is empowering women and advancing 'her power'

BEIJING, CHINA - Media OutReach Newswire - 11 October 2025 - An article published by CGTN highlights China's upcoming Global Leaders' Meeting on Women in Beijing, marking 30 years since the 1995 B...

B.Grimm Power Joins Hands with Sawasdee Seoul Thai Festival 2025

Celebrating Thai Culture and Soft Power on the Global Stage While Highlighting the Success of Korea’s Clean Energy Transformation BANGKOK, THAILAND - Media OutReach Newswire - 9 October 2025 - B.G...

VIVANT Launches Wine App to Enable Wine Lovers with AI-Powered Sommelier Guidance

New app pairs with VIVANT’s award-winning precision wine accessories to enable smart wine ecosystem SINGAPORE - Media OutReach Newswire - 13 October 2025 - VIVANT, a pioneer in wine temperature t...

Qantas to Serve Nan’s Davidson Plum Cookie

Lake Macquarie, NSW (Awabakal Country): From a single mother’s kitchen bench to supermarket shelves, Wiradjuri entrepreneur Terri-Ann “Tezzi” Dani...

Minns Labor Government shutting down the Business Connect program

The NSW Opposition is concerned that the Labor government will shut down a support program that has assisted New South Wales businesses. In a media ...

Samsara Eco appoints Dr. Lars Kissau as General Manager for Asia

Australian biotech innovator Samsara Eco has announced the appointment of Dr Lars Kissau as its first General Manager of Asia. Based in Singapore...

From the first bounce to the final siren - small business lessons from the AFL Grand Final

The AFL Grand Final is one of the most anticipated days on the sporting calendar. This Saturday, the Geelong Cats and Brisbane Lions will battle i...

Australia’s top finance leaders recognised as CFO role expands

Amid surging regulatory demands and rapidly evolving industry, Australia’s most influential Chief Financial Officers will be honoured at the inaug...

Why outdated security leaves small businesses exposed to crime

Small and medium businesses in Australia are under increasing pressure to address security gaps that criminals readily exploit. An unlocked door, an...