Sarinah Signs MOU with Borhan Ltd
On 3rd March 2017, Sarinah signed a memorandum of understanding (MOU) with Saudi Arabian company, Borhan Ltd in Jakarta. The signing event took place during the visit of King Salman bin Abdulaziz al-Saud to Indonesia. President Director of Sarinah, Mr Gusti Ngurah Putu Sugiarta Yasa signed the MOU on behalf of the company.
Through the partnership, Sarinah will strive to boost its product exports that are renowned for its traditional handicrafts, furniture, and specialty food products such as rice and papaya by establishing a Sarinah department store in Saudi Arabia. Sarinah expects to fulfill its export-oriented goal in 2017 as it embraces a globally-focused corporate strategy.