Updates

Woodfibre LNG, British Columbia sign deal on natural gas export

Woodfibre LNG, backed by entrepreneur Sukanto Tanoto, has signed a letter of intent (LOI) with the province of British Columbia in the proposed Woodfibre liquefaction and export facility located near Squamish, 70 kilometers northeast of Vancouver. The LOI includes the commitment by the province to formalize its new two-tier tax on LNG export terminals by Nov 30 and Woodfibre LNG expects to complete a project-development agreement with the government by the end of the year.

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Tanoto Foundation International and Wharton Launch Tanoto Initiative for Indonesian and ASEAN Studies

Jakarta, 29 July 2013 – Tanoto Foundation International and the Wharton School of the University of Pennsylvania announced today the launch of the Tanoto Initiative, a multi-component program to promote studies and research on ASEAN, with a focus on Indonesia. Starting next month, selected Indonesian universities will collaborate closely with faculties in the Wharton School to offer research grants, academic courses, exchange programs and scholarships aimed at deepening thought leadership and business education in the ASEAN region.

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HKUST Receives Donations from Tanoto Foundation and Mr James E Thompson to Boost Study on Asian Family Business and International Business Related Cases

China Business News

Mr Sukanto Tanoto, Chairman of RGE Group and Founder of Tanoto Foundation, donated to the Hong Kong University of Science and Technology (HKUST) to boost the study on Asian family business, entrepreneurship and business cases. In appreciation of this act of generosity and support, the University named the Tanoto Center for Asian Family Business & Entrepreneurship Studies in his honor.

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Sukanto Tanoto Website

Sukanto Tanoto is a visionary entrepreneur and philanthropist. He is the Founder and Chairman of Royal Golden Eagle (RGE), which manages a global group of companies in resources manufacturing. Tanoto is also the co-founder of Tanoto Foundation, a philanthropy that aims to improve lives by alleviating poverty.