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TTC AgriS and Sungai Budi advance Vietnam-Indonesia strategic cooperation, promoting a high-tech circular agriculture model

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2 years ago

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HO CHI MINH CITY, Vietnam, April 24, 2025 /PRNewswire/ — On April 18th, 2025, in Vietnam, TTC AgriS (HOSE: SBT) – Leading high-tech agricultural enterprise in the region, successfully signed an agreement with Sungai Budi Group to implement the cooperation commitments outlined in the Memorandum of Understanding (MOU) signed in March 2025 in Indonesia. This initiative, witnessed by Vietnamese Party General Secretary – H.E. To Lam and senior officials from both Vietnam and Indonesia, aims to enhance scientific and technological application and foster the development of agricultural value chains in both countries.

Experience the full interactive Multichannel News Release here: https://www.multivu.com/ttc_agris/9331951-en-ttcagris-sungaibudi-vietnam-indonesia-strategic-cooperation

The signing ceremony was held in the presence of H.E. Rachmat Pambudy – Minister of National Development Planning of the Republic of Indonesia; H.E. Denny Abdi – Indonesia Ambassador to Vietnam; H.E. Agustaviano Sofjan – Consul General of Indonesia in Ho Chi Minh City; H.E. Tran Van Chien – Vice Chairman of the People’s Committee of Tây Ninh Province; H.E. Le Viet Binh – Deputy Chief of Office, Chief Representative of the Southern Region – Ministry of Agriculture and Rural Development; H.E. Le Truong Duy – Director of the Fourth Industrial Revolution Center in Ho Chi Minh City; and senior leaders from both companies.

Strengthening bilateral cooperation, shaping the future of ASEAN agriculture

Under the newly signed agreements, TTC AgriS and Sungai Budi Group will jointly establish a Research & Development Center for sustainable agriculture and launch a 2,000-hectare model sugarcane farm (demo farm) in Indonesia. The project will leverage advanced farming technologies to enhance yield, improve raw material quality, and accelerate green transformation across the agricultural value chain. 

In the coconut sector, both parties discussed plans for a 2025 joint venture that aims to scale operations up to 300 million liters/kilograms over two phases. The initiative will build a production and commercial platform for coconut-derived products, with an initial capacity of 120 million liters/kilograms for both the Indonesian and international markets. Additionally, the partners plan to develop 20,000 hectares of organic coconut plantations in close collaboration with local farmers.

In her remarks, Ms. Dang Huynh Uc My, Chairlady of TTC AgriS – emphasized: “With over half a century of continuous innovation, TTC AgriS has evolved from a domestic sugar company into a comprehensive international agricultural solutions provider. We believe that robust investments in R&D and technology, along with building a circular value chain, are fundamental not only to enhancing our competitiveness but also to affirming our commitment to global ESG standards.”

Mr. Oey Alfred – CEO of Sungai Budi Group – echoed the significance of this strategic partnership, highlighting the synergy of vision and strengths between two leading agricultural groups.

Representatives from the Indonesian Embassy, Consulate General, and Tay Ninh Province praised the potential of this cooperation and affirmed their full support, pledging close collaboration with TTC AgriS and Sungai Budi Group.

Firsthand experience of Vietnam’s high-tech circular agriculture model

Following the signing ceremony, the Indonesian delegation visited TTC AgriS’s high-tech agricultural complexes in Tay Ninh and BenTre, showcasing the company’s innovation capacity, optimized operations, and scalable sustainable solutions.

At the Ninh Dien demo farm in Tay Ninh, delegates observed precision agriculture in action – from smart irrigation systems and crop-monitoring drones to IoT sensors that optimize resource use and improve crop quality. This technological platform was developed by TTC Agricultural Research Institute (ARI), TTC AgriS’s core R&D center.

The next highlight was TTC Tay Ninh Sugar Factory, where the circular economy model is implemented on a large scale: bagasse is converted into electricity, molasses into ethanol, and filter mud into organic fertilizer. This closed-loop model, encompassing R&D, cultivation, and processing, was highly praised by Indonesian partners, particularly Sungai Budi leadership, for its sustainability, investment efficiency, and scalability.

The delegation then traveled to Ben Tre, where TTC AgriS and Betrimex are building a comprehensive coconut value chain — from organic plantations to international-standard deep processing plants. Notably, the organic coconut farming model integrates traceability (via QR codes) and aligns with the principles of a circular economy, leaving a strong impression as a testament to efforts to enhance the value of Vietnamese agricultural products through sustainable development.

TTC AgriS and Betrimex proudly own the largest organic coconut plantation in Vietnam. Beyond traditional products like desiccated coconut and virgin coconut oil, the companies showcased a growing portfolio of high-value coconut products, including convenient canned coconut water and coconut milk, meeting international demand for direct consumption, mixing, and cooking.

Indonesia – a strategic market in TTC AgriS’s regional vision

As the world’s fourth most populous country and Southeast Asia’s largest economy, Indonesia has always been central to TTC AgriS’s regional strategy. Fulfilling these strategic commitments not only expands TTC AgriS’s international footprint but also deepens the Vietnam–Indonesia partnership, contributing to the goal of raising bilateral trade to USD 18 billion by 2028.

Through these efforts, TTC AgriS affirms its pioneering role in building a resilient and adaptable agricultural supply chain, capable of weathering global economic shifts while reinforcing ASEAN’s central role in the international agri-value chain.

 

Media contact: Investor Relations & Public Relations Department

irpr.info@ttcagris.com.vn

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SOURCE TTC AgriS (Thanh Thanh Cong – Bien Hoa JSC)

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ST Engineering iDirect and MBSat Partner to Build Next-Generation Sovereign Connectivity Services Across Oman and the Middle East

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3 hours ago

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October 25, 2026

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Intuition ground system selected to support MBSat’s planned 2027 service launch, enabling accelerated deployment, dynamic resource management and scalable service growth

HERNDON, Va., Oct. 25, 2026 /PRNewswire/ — ST Engineering iDirect today announced a strategic partnership with Mohammed Al Barwani Satellite Company (MBSat), part of Mohammed Al Barwani Group, to provide the ground system technology foundation for MBSat’s next-generation satellite gateway and network operations across Oman and the wider Middle East region. Intuition will provide a flexible, software-defined foundation to support sovereign connectivity services, enabling efficient service deployment, dynamic resource management and scalable network operations.

Intuition will deliver a turnkey ground segment solution that accelerates deployment, simplifies operations and gives MBSat the flexibility to scale services as demand grows. The software-defined platform enables dynamic resource management, service automation and seamless integration with existing and future operational systems. The solution also includes Ka-band gateway infrastructure, service provisioning and management capabilities, open API integration frameworks, training and full-lifecycle support. Together, these capabilities will help MBSat launch and operate services efficiently while adapting to evolving market requirements.

The network will leverage capacity from MB Sat-1, a sovereign MicroGEO satellite, with planned service launch in 2027, to support flexible, scalable connectivity services across the region.

The partnership reflects growing investment in sovereign communications infrastructure across the Middle East as operators seek greater control over service delivery, network expansion and long-term technology evolution.

“This partnership represents an important milestone in our efforts to build an advanced satellite communications platform in Oman and the region,” said Ammar Al Rawahi, General Manager, MBSat. “Through our collaboration with ST Engineering iDirect, we are establishing the technical infrastructure required to launch services efficiently, respond to evolving customer needs and expand into new markets, supporting the sustainable long-term growth of our business.”

“We are providing MBSat with a flexible, software-defined ground platform that integrates with its existing operational environment,” said Sridhar Kuppanna, Chief Executive Officer, ST Engineering iDirect. “This enables more efficient service deployment and operations today, with the flexibility to scale, introduce new capabilities and evolve as requirements change.”

About ST Engineering iDirect

ST Engineering iDirect, a subsidiary of ST Engineering, is a global leader in satellite communications, providing technology and solutions that enable its customers to expand their business, differentiate their services and optimize their networks. Through its portfolio of ground infrastructure, intelligent networking and advanced satellite communications solutions, the company supports operators, service providers, governments and enterprises worldwide.

View original content to download multimedia:https://www.prnewswire.com/news-releases/st-engineering-idirect-and-mbsat-partner-to-build-next-generation-sovereign-connectivity-services-across-oman-and-the-middle-east-302918467.html

SOURCE ST Engineering iDirect

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ST Engineering iDirect and MBSat Partner to Build Next-Generation Sovereign Connectivity Services Across Oman and the Middle East

Published

3 hours ago

on

October 25, 2026

By

Intuition ground system selected to support MBSat’s planned 2027 service launch, enabling accelerated deployment, dynamic resource management and scalable service growth

HERNDON, Va., Oct. 25, 2026 /PRNewswire/ — ST Engineering iDirect today announced a strategic partnership with Mohammed Al Barwani Satellite Company (MBSat), part of Mohammed Al Barwani Group, to provide the ground system technology foundation for MBSat’s next-generation satellite gateway and network operations across Oman and the wider Middle East region. Intuition will provide a flexible, software-defined foundation to support sovereign connectivity services, enabling efficient service deployment, dynamic resource management and scalable network operations.

Intuition will deliver a turnkey ground segment solution that accelerates deployment, simplifies operations and gives MBSat the flexibility to scale services as demand grows. The software-defined platform enables dynamic resource management, service automation and seamless integration with existing and future operational systems. The solution also includes Ka-band gateway infrastructure, service provisioning and management capabilities, open API integration frameworks, training and full-lifecycle support. Together, these capabilities will help MBSat launch and operate services efficiently while adapting to evolving market requirements.

The network will leverage capacity from MB Sat-1, a sovereign MicroGEO satellite, with planned service launch in 2027, to support flexible, scalable connectivity services across the region.

The partnership reflects growing investment in sovereign communications infrastructure across the Middle East as operators seek greater control over service delivery, network expansion and long-term technology evolution.

“This partnership represents an important milestone in our efforts to build an advanced satellite communications platform in Oman and the region,” said Ammar Al Rawahi, General Manager, MBSat. “Through our collaboration with ST Engineering iDirect, we are establishing the technical infrastructure required to launch services efficiently, respond to evolving customer needs and expand into new markets, supporting the sustainable long-term growth of our business.”

“We are providing MBSat with a flexible, software-defined ground platform that integrates with its existing operational environment,” said Sridhar Kuppanna, Chief Executive Officer, ST Engineering iDirect. “This enables more efficient service deployment and operations today, with the flexibility to scale, introduce new capabilities and evolve as requirements change.”

About ST Engineering iDirect

ST Engineering iDirect, a subsidiary of ST Engineering, is a global leader in satellite communications, providing technology and solutions that enable its customers to expand their business, differentiate their services and optimize their networks. Through its portfolio of ground infrastructure, intelligent networking and advanced satellite communications solutions, the company supports operators, service providers, governments and enterprises worldwide.

View original content to download multimedia:https://www.prnewswire.com/news-releases/st-engineering-idirect-and-mbsat-partner-to-build-next-generation-sovereign-connectivity-services-across-oman-and-the-middle-east-302918467.html

SOURCE ST Engineering iDirect

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Global Security & Technology Summit Unveils Month-Long Program of Activities Ahead of December Event

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10 hours ago

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October 24, 2026

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RIYADH, Saudi Arabia, Oct. 24, 2026 /PRNewswire/ — The Organizing Committee of the Global Security & Technology Summit (GSTS) held an introductory session today at the Ministry of Interior’s headquarters in Riyadh, bringing together representatives from the government, private, and nonprofit sectors to introduce the program of activities leading up to the summit. The upcoming summit will be held in Riyadh under the patronage of HRH Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, under the supervision of HRH Prince Abdulaziz bin Saud bin Naif bin Abdulaziz Al Saud, Minister of Interior, and organized by the Ministry of Interior in cooperation with Tuwaiq Academy.

During the session, the Organizing Committee presented the comprehensive GSTS program, comprising three key components: GSTS Month, running from November 1 to 30, 2026; the Global Security & Innovation Fair (SAIF), taking place from November 24 to 26, 2026; and the main Summit, scheduled for December 18 to 20, 2026, in Riyadh. Together, these events form an integrated program designed to advance security and technology innovation, strengthen national capabilities, and foster international cooperation.

GSTS Month will feature working groups, boot camps, training programs, knowledge-sharing sessions, and technical workshops across Saudi Arabia’s 13 administrative regions, delivered both in person and remotely in collaboration with specialized entities. The month-long program aims to develop national capabilities, identify emerging talent, enrich knowledge-sharing opportunities, and equip professionals with the knowledge and skills needed to develop innovative solutions to future security and technology challenges.

The main Summit will bring together global leaders, decision-makers, experts, and innovators to explore the future of security and technology, promote the integration of advanced technologies within the security sector, strengthen national capabilities, support innovation, and foster international cooperation, further positioning the Kingdom as a global hub for security and technology.

Showcasing the latest technological breakthroughs and security solutions, the summit will bring together government entities, private sector organizations, academic institutions, and research centers to facilitate knowledge exchange and collaboration across key fields, including cybersecurity, artificial intelligence (AI), the Internet of Things (IoT), smart security solutions, emerging technologies, and crisis management. The program will also feature main sessions, specialized discussions, and interactive exhibitions. Registration is available at gsts.sa.

Advisor to HRH the Minister of Interior and Chairman of the GSTS Organizing Committee, Ahmed Altowayan, stated that the summit builds on Saudi Arabia’s efforts to establish an advanced security and technology ecosystem focused on knowledge and innovation, keeping pace with rapid developments and future challenges.

Mr. Altowayan noted that the summit is a global platform for strengthening cooperation and exchanging expertise, anticipating future developments in security and technology, and developing strategic partnerships and innovative solutions that enhance the efficiency and readiness of security systems.

Vice Chairman of the GSTS Organizing Committee, Eng. Abdulaziz Alhammadi, said that the summit will offer a range of integrated programs and activities focused on enhancing national skills, encouraging innovation, and supporting international cooperation.

He added that GSTS Month will help build national capabilities, discover talent, and develop skills, with SAIF providing a platform for innovators and researchers from around the world to showcase leading technological solutions, while the main Summit will bring together leaders and experts to discuss the future of security and technology and explore new strategic partnership opportunities.

SAIF will take place at the Riyadh International Convention & Exhibition Center, bringing together innovators, researchers, technology talents, and industry experts from around the world to showcase promising innovations and projects across 14 fields of technology and innovation. The fair will provide opportunities to engage with project owners, including students, graduates, and entrepreneurs, and explore the different stages of innovation development through interactive zones, panel discussions on emerging security and innovation trends, and knowledge-sharing workshops led by specialists. Visitor registration is open to participants from within and outside the Kingdom through saifair.sa.

The introductory session also featured contributions from representatives of government, private, and nonprofit sector entities, alongside members of the media. Discussions focused on developing national capabilities in security and technology, strengthening students’ technical expertise, translating scientific research into practical solutions, and supporting Saudi companies in developing security and technology solutions and advancing digital transformation.

Organized by the Ministry of Interior in cooperation with Tuwaiq Academy, GSTS is produced by Tahaluf, with the Ministry of Education serving as Strategic Scientific Partner, Tahakom as Founding Partner, and Elm as Principal Partner.

Registration for participants from within and outside the Kingdom is available at gsts.sa.

Click here to view the media kit. 

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/global-security–technology-summit-unveils-month-long-program-of-activities-ahead-of-december-event-302918695.html

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