SMMA and NAFED give away 250 Alibaba.com Gold Supplier International Edition memberships to boost Indonesian exporters

Jakarta, June 26, 2009 – Indonesia's National Agency for Export Development (NAFED) today announced that 250 of its members will receive a complimentary 1-year subscription to Alibaba.com's highest membership level, Gold Supplier International Edition from PT Sinar Mas Multiartha, Tbk. (SMMA), Alibaba.com's Indonesian exclusive channel partner.  Amid shrinking world demand, NAFED aims to increase the competitiveness of Indonesian products in the global marketplace and enable local companies to gain access to active buyers on the world's largest B2B website.

At the press conference, NAFED also signed a Memorandum of Understanding (MoU) with SMMA whereby Alibaba.com became the preferred e-commerce website for NAFED members and will be invited to future NAFED events such as export-focused trade shows and seminars.

Alibaba.com has close to 250,000 registered users from Indonesia and has seen its local membership base grow by more than 100 percent in the last 12 months as an increasing number of Indonesian businesses turn to e-commerce to help them weather the economic storm.  In October 2008, SMMA became Alibaba.com’s exclusive channel partner in Indonesia to help more local exporters move their business online.  Listed on the Jakarta Stock Exchange, SMMA is the finance arm of Sinar Mas Group, one of the largest conglomerates in Indonesia, and has more than 100 offices and a 1,000-strong sales force across the country.

Indonesian companies can sign up for Gold Supplier International Edition from July 1, 2009.  As the top level of membership on Alibaba.com's B2B platform, local exporters can enjoy many of the same features as their Greater China counterparts, including first-level ranking in a buyers' search result, Gold Supplier logo display and product showcases.

About National Agency for Export Development (NAFED)

Established in 1971, the National Agency for Export Development (NAFED) is formed to act as a special service agency of the Ministry of Trade.  NAFED functions as a focal point for Indonesian exporters and foreign importers to source for trade related information.  Its objective is to assist and support local manufacturers in identifying and penetrating overseas markets for their products, which is done by providing market research information and relevant advice.  It is expected NAFED assists Indonesian exporters to position their products and services better so that they are able to survive in the highly competitive global markets.  NAFED also helps the importers by creating a central pool of information on products in Indonesia.  To support this, NAFED has developed a computerized Trade Information Network, an on line with several regional offices as well as with international data banks for assisting both buyers and sellers.  The Agency maintains a database of thousands of Indonesian manufacturers classified by product as well as another database of foreign buyers who may be of interest to Indonesian products.

About Alibaba.com

Alibaba.com is the global leader in business-to-business (B2B) e-commerce and the flagship company of Alibaba Group.  Founded in 1999, Alibaba.com makes it easy for millions of buyers and suppliers around the world to do business online through three marketplaces: a global trade marketplace (www.alibaba.com) for importers and exporters, a Chinese marketplace (www.alibaba.com.cn) for domestic trade in China, and, through an associated company, a Japanese marketplace (www.alibaba.co.jp) facilitating trade to and from Japan.  Together, its marketplaces form a community of 40 million registered users from over 240 countries and regions.  Headquartered in Hangzhou in eastern China, Alibaba.com has offices in more than 40 cities across Greater China as well as in Europe and the United States.

About Sinar Mas Multiartha (SMMA)

PT Sinar Mas Multiartha, Tbk, formerly known as PT Internas Artha Leasing Company, was established in 1982 as the holding company for Sinar Mas Group of companies focusing on the integrated finance sector and primarily engaged in professional services such as multifinance, insurance, capital markets, share administration services, company security and information technology.

Contact Information

PT Sinar Mas Multiartha, Tbk
Plaza Simas, Lt 5
Fachruddin 18
Jakarta Pusat 10250
Tel: +62-21-39837530/31/32
Fax: +62-21-39837533
Email: alibaba@sinarmas.com
Website: http://www.alibaba.sinarmas.com