Indonesian firm ties up with Forever Rich Phils
An Indonesian firm engaged in the production and distribution of natural rejuvenating products has reached a global marketing deal with Forever Rich Philippines Inc. (FRPI).
This deal of high economic impact practically gives PT Bio Organik Nusantara a vast international sales infrastructure from FRPI’s network of overseas Filipinos worldwide (OFWs), including migrants, doing multi- level marketing in their host countries.
“Bio Organik’s products will also be carried by FRPI’s branches in Hong Kong and Africa and in 12 other countries scheduled to be opened by our firm this year,” said Forever Rich president and chief executive officer Susan Barlin at a recent company event welcoming 2015.
Likewise, the event welcomed the visiting Bio Organik president and board director Larry Widjaja, also president of his PT Widjaja Property conglomerate with subsidiaries in oil, gas, mining, textile, wood and moviemaking businesses.
“Not only will there be many millionaires in the Philippines, but also many beautiful people because of our products,” said Widjaja, who is among Indonesia’s fast growing number of emerging young tycoons.
Widjaja, who began his business career at the age of 16 doing networking and earned his first $ 1 million at age 22 and his first $ 10 million at 25, told the Filipino networkers who welcomed him at the FRPI event in Manila that they could do the same like what his friend Johnson did after reluctantly joining him in the networking business.
Now barely into its eighth month of operations and with only two brands in its product line so far, PT Bio Organik Nusantara is already generating a monthly average sales volume of $ 1.3 million through its 10,000 independent local network marketers.
The two brands are Apple Stem Cells Plus and Bio Gold, whose main component is an apple stem cell imported from Switzerland and blended with other natural ingredients from other countries to produce the “phenomenally anti-ageing and skin rejuvenating products that also enhance, restore and maintain sexual drive.”
Both products will soon be produced in the company’s own manufacturing plant to be put up on a newlypurchased $ 6- million lot of around four acres or 1.6 hectares ( 16,000 square meters) in Indonesia.
Widjaja said the construction of the factory would cost another $ 4 million for a total capex of $ 10 million. (BCM)