GE : ASEAN
ASEAN
About GE
GE (NYSE: GE) is an advanced technology, services and finance company taking on the world's toughest challenges. Dedicated to innovation in energy, health, transportation and infrastructure, GE operates in more than 100 countries and employs about 300,000 people worldwide. For more information, visit the company's Web site at www.ge.com.
GE's business activities are wide-ranging and include:
- Designing, manufacturing and servicing fuel-efficient aircraft engines.
- Providing state-of-the-art diagnostic equipment to hospitals.
- Selling technologically advanced gas and wind turbines.
- Improving water efficiency in industrial operations.
- Offering excellent lighting quality with energy savings.
- Financing businesses and customers.
GE in ASEAN
GE has been present in ASEAN for over a century, and today it is a partner for growth in the region, supporting the development of the region's infrastructure and its people.
GE has presence in Brunei, Cambodia, Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam. It provides products and services in the energy, oil and gas, healthcare, water and both air and land transportation sectors, whilst also servicing the region in the fields of financial services.
Recent Developments
- GE's business in ASEAN contributed US$3 billion revenue in 2009.
- There are around 7,000 GE employees in ASEAN across 7 countries.
- "Powering Indonesia - Partnership for Sustainable Energy" MOU was signed recently with BPPT (State Agency for Research and Technology) in the area of alternative energy.
- The Hai Phong plant in Vietnam, representing a US$61 million investment by GE Energy, is producing generators for 1.5MW wind turbines.
- GE's single largest investment in ASEAN is the 33% strategic investment in BAY (Bank of Ayudhya).
- In cooperation with National University of Singapore, a R&D center of excellence for GE Water and Process Technologies Technology was established in Singapore.
- GE Capital Aviation Services is growing more than 25% annually.
At a Glance
Number of Employees
Around 7,000
Major Locations
Jakarta, Kuala Lumpur, Singapore, Hanoi, Bangkok, Phnom Penh, Manila
Citizenship
Our actions speak louder than words:
GE is a performance company. We measure our performance through financial results, and we also care about how that performance is achieved. Our goal is to grow responsibly while engaging stakeholders. GE is responsible to our customers, shareholders, employees, and also to the communities around us.
GE has been contributing to strengthen education, improve the well-being of children and communities, and also promote the entrepreneurship skills of young people in Southeast Asia.
Partnering with GE Volunteers, GE's 70-year-old volunteer organization, which launched their work in Southeast Asia since the 90s, GE has been supporting communities around the region. Our community programs show that our actions in improving the communities around us really speak louder than words.
Executive Officers
Stuart L. Dean
CEO of GE in ASEAN
Our History
GE's presence in ASEAN dates back to April 1890 when GE's predecessor, Thomson-Houston Electric Company, installed the first electric streetlights in Manila, Philippines. From 1900 onward the company steadily increased its commitment to other countries in ASEAN.
For over a century, GE has provided products and services in the energy, healthcare, water and transportation sectors, whilst also servicing the region in the fields of finance and media.