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Tolaram Group
Tolaram Group is a holding company headquartered in Singapore with diversified business interests in consumer goods, fintech, infrastructure and industrials. It has a presence across Asia, Africa, Europe and South America. Tolaram Group successfully creates new product categories independently or in partnership with other multinational companies and quickly becomes the market leader in the emerging markets where it operates. History Tolaram Group origins can be traced to the textile trade of Khanchand Vaswani, a Sindhi businessman, who established a shop in Malang, Indonesia in 1948. The business subsequently expanded into textile manufacturing and distributing consumer goods. Tolaram relocated its headquarters to Singapore in 1975 and began exporting to Africa in the late 70s. Consumer goods In 1988, Tolaram Group began importing in to Nigeria instant noodles manufactured by Indofoods of the Salim Group of Indonesia and Maggi of the Nestlé brought by Indofood as well as it ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Consumer Goods
A final good or consumer good is a final product ready for sale that is used by the consumer to satisfy current wants or needs, unlike a intermediate good, which is used to produce other goods. A microwave oven or a bicycle is a final good, but the parts purchased to manufacture them are intermediate goods. When used in measures of national income and output, the term "final goods" includes only new goods. For example, gross domestic product (GDP) excludes items counted in an earlier year to prevent double counting based on resale of items. In that context, the economic definition of goods also includes what are commonly known as ''services''. Manufactured goods are goods that have been processed in any way. They are distinct from raw materials but include both intermediate goods and final goods. Law There are legal definitions. For example, the United States' Consumer Product Safety Act has an extensive definition of consumer product, which begins: CONSUMER PRODUCT.--The t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fintech
Fintech, a portmanteau of "financial technology", refers to firms using new technology to compete with traditional financial methods in the delivery of financial services. Artificial intelligence, blockchain, cloud computing, and big data are regarded as the "ABCD" (four key areas) of fintech. The use of smartphones for mobile banking, investing, borrowing services, and cryptocurrency are examples of technologies designed to make financial services more accessible to the general public. Fintech companies consist of both startups and established financial institutions and technology companies trying to replace or enhance the usage of financial services provided by existing financial companies. A subset of fintech companies that focus on the insurance industry are collectively known as insurtech or insuretech companies. Key areas Academics Artificial intelligence (AI), blockchain, cloud computing, and big data are considered the four key areas of FinTech. Artificial intellige ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Infrastructure
Infrastructure is the set of facilities and systems that serve a country, city, or other area, and encompasses the services and facilities necessary for its economy, households and firms to function. Infrastructure is composed of public and private physical structures such as roads, railways, bridges, tunnels, water supply, sewerage, sewers, electrical grids, and telecommunications (including Internet access, Internet connectivity and Broadband, broadband access). In general, infrastructure has been defined as "the physical components of interrelated systems providing Commodity, commodities and services essential to enable, sustain, or enhance societal quality of life, living conditions" and maintain the surrounding environment. Especially in light of the massive societal transformations needed to Climate change mitigation, mitigate and Climate change adaptation, adapt to climate change, contemporary infrastructure conversations frequently focus on sustainable development and gre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Industrials
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final product. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Singapore
Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, bordering the Strait of Malacca to the west, the Singapore Strait to the south, the South China Sea to the east, and the Straits of Johor to the north. The country's territory is composed of one main island, 63 satellite islands and islets, and one outlying islet; the combined area of these has increased by 25% since the country's independence as a result of extensive land reclamation projects. It has the third highest population density in the world. With a multicultural population and recognising the need to respect cultural identities of the major ethnic groups within the nation, Singapore has four official languages: English, Malay, Mandarin, and Tamil. English is the lingua franca and numerous public services are available only in Eng ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sindhis
Sindhis ( sd, سنڌي Perso-Arabic: सिन्धी Devanagari; ) are an Indo-Aryan ethnic group who speak the Sindhi language and are native to the province of Sindh in Pakistan. After the partition of British Indian empire in 1947, many Sindhi Hindus and Sindhi Sikhs migrated to the newly independent Dominion of India and other parts of the world. Pakistani Sindhis are predominantly Muslim with a smaller Sikh and Hindu minority, whereas Indian Sindhis are predominantly Hindu with a Sikh, Jain and Muslim minority. Sindhi people have been native to Sindh throughout history, apart from that their historical region has always came from the South-eastern side of Balochistan, the Bahawalpur region of Punjab and the Kutch region of Gujarat, India. The Sindhi diaspora is growing around the world, especially in the Middle East, owing to better employment opportunities. Etymology The name Sindhi is derived from the Sanskrit ''Sindhu'' which translates as river or seabody, t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Malang
Malang (; ) is a landlocked List of regencies and cities of Indonesia, city in the Indonesian Provinces of Indonesia, province of East Java. It has a history dating back to the age of Singhasari, Singhasari Kingdom. It is the second most populous city in the province, with a population of 820,043 at the 2010 Census and 843,810 at the 2020 Census.Badan Pusat Statistik, Jakarta, 2021. Its surrounding (the Greater Malang, metropolitan area) is home to 3,663,691 inhabitants in 2010, spread across two cities and 22 districts (21 in Malang Regency and one in Pasuruan Regency). Malang is the List of Indonesian cities by GDP, third largest city by economy in East Java, after Surabaya and Kediri (city), Kediri, with an estimated 2016 GDP at Indonesian rupiah, Rp. 44.30 trillion. The city is well known for its mild climate. During Dutch colonization, it was a popular destination for European residents. Even now, Malang still holds its position as a popular destination for international t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Instant Noodle
Instant noodles, or instant ramen, is a type of food consisting of noodles sold in a precooked and dried block with flavoring powder and/or seasoning oil. The dried noodle block was originally created by flash frying cooked noodles, and this is still the main method used in Asian countries; air-dried noodle blocks are favored in Western countries. Dried noodle blocks are designed to be cooked or soaked in boiling water before eating. Ramen, a Japanese adaptation of Chinese noodle soup, is sometimes used as a descriptor for instant noodle flavors by some Japanese manufacturers. It has become synonymous in the United States for all instant noodle products. Instant noodles were invented by Momofuku Ando of Nissin Foods in Japan. They were launched in 1958 under the brand name Chikin Ramen. In 1971, Nissin introduced Cup Noodles, the first cup noodle product. Instant noodles are marketed worldwide under many brand names. The main ingredients in instant noodles are flour, starch, w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Peer-to-peer Lending
Peer-to-peer lending, also abbreviated as P2P lending, is the practice of lending money to individuals or businesses through online services that match lenders with borrowers. Peer-to-peer lending companies often offer their services online, and attempt to operate with lower overhead and provide their services more cheaply than traditional financial institutions. As a result, lenders can earn higher returns compared to savings and investment products offered by banks, while borrowers can borrow money at lower interest rates, even after the P2P lending company has taken a fee for providing the match-making platform and credit checking the borrower. There is the risk of the borrower defaulting on the loans taken out from peer-lending websites. Peer-to-peer fundraising encourages supporters of a charity or non-profit organisation to individually raise money. It's a bit subcategory of crowdfunding. Instead of having one main crowdfunding page where everybody donates, people can have ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Salim Group
The Salim Group is Indonesia's biggest conglomerate and refers to companies where the Salim family held majority ownership. Its assets include Indofood Sukses Makmur, the world's largest instant noodle producer; Indomobil Group, one of Indonesia's largest car manufacturers; Indomaret, Indonesia's largest convenience store chain; and Bogasari, a large flour-milling operation. The group was founded in October 1972 by Sudono Salim and his junior partner Sutanto Djuhar (Lin Wenjing). The current CEO is Anthoni Salim, a son of Sudono Salim. The Salim Group also owns major oil palm plantations (about 1,000 km2) and logging concessions. Salim Group has been involved in property development and the leisure industry for around 30 years. Its businesses include hotel and resort development, golf courses, and commercial real estate. History The Salim Group was closely tied to Indonesian politician and dictator Suharto, who ruled Indonesia for 31 years and was Sudono Salim's "frie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mondelez International
Mondelez International, Inc. ( ), often styled Mondelēz, is an American Multinational corporation, multinational confectionery, food industry, food, holding and drink industry, beverage and snack food company based in Chicago. Mondelez has an annual revenue of about $26 billion and operates in approximately 160 countries. It ranked No. 108 in the 2021 Fortune 500 list of the largest United States corporations by total revenue. The company has its origins as Kraft Foods Inc., which was founded in Chicago in 1923. The present enterprise was established in 2012 when Kraft Foods was renamed Mondelez and retained its snack food business, while its grocery business was spun off to a new company called Kraft Foods, Kraft Foods Group. The name is derived from the Latin word ("world") and ''delez'', a fanciful modification of the word "delicious." The Mondelez International company manufactures chocolate, cookies, biscuits, gum, confectionery, and powdered beverages. Mo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
