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21st Edition of Manufacturing IT Summit: Indonesia

JAKARTA, Jan 16, 2023 - (ACN Newswire via SEAPRWire.com) - After successful 20 editions of Manufacturing IT Summit, Exito is all set to host another milestone event- the 21st Edition of Manufacturing IT Summit, an in-person event which serves as an ideal platform to enhance the experience to "Re-imagine, Innovate, and Transform". The Manufacturing IT Summit is a by invite only in-person event exclusively for Technology leaders from leading businesses, institutions and government officials representing Indonesia's manufacturing sector. Recent data from the Ministry of Industry has indicated that the manufacturing sector has had the largest contribution to its GDP. Indonesia aspires to be a top 10 economy by 2030, with net exports to be its growth engine.The next 15 years is forecasted to be the Golden Age for Indonesia as it will realise a demographic bonus peak. Accelerating growth of the manufacturing sector is critical, with the Indonesian government planning to implement industry 4.0 through the Ministry of Industry's Making Indonesia 4.0 roadmap.Manufacturing IT Summit Indonesia aligns itself with Indonesia's national goals and is a leading networking conference, gathering the most influential of these technology leaders to explore synergies and discuss today's biggest technological challenges, fostering deeper collaboration, and generating new ideas.This conference will bring together over 150 C-Level Executives, Directors, and Heads of Technology, to discuss the critical technology issues affecting today's manufacturing industry.Speakers like Ir. Ignatius Warsito, Minister's Expert Staff for Strengthening Domestic Industry Capabilities, Acting Director General of Chemical, Pharmceutical and Textile Industry, Ministry of Industry, Republic of Indonesia, Chairul Saleh, Director of Community Development & Entrepreneurship, Coordinating Ministry for Economic Affairs, Republic of Indonesia, Salil Dutt, Chief Technical Adviser, United Nations Industrial Development Organization (UNIDO), Raine Renaldi S.IIP, Chief of Digital Assest Committee, KADIN President, ID-OPENTECH Group, Republic of Indonesia, Juan Kanggrawan, Head of Product, Tribe & Data, Indonesia National Ministry (GovTech) and Smart Cities, Republic of Indonesia, Wilbertus Darmadi, CIO, Toyota Astra Motor, Mochamad James Falahuddin, Executive Director, Indonesia Blockchain Society among many others will be sharing their experiences and expertise at the summit.Event registration has commenced for Delegates and Sponsors.- The delegates will be exposed to in-depth, trend-forward sessions & workshops - practical takeaways and ideas to keep you ahead in the digital economy.- The sponsors will be able to create an overwhelming branding in the event along with meeting their prospects and displaying the products.- Hundreds of seasoned marketers, strategists, designers, and more to network and connect with. Meet your customers, vendors, expert resources, friends and colleagues on 15th & 16th of February.Register Now to engage at this grand event as the slots are filling up fast.To know more about the event, www.manufacturingitsummit/indonesiaAbout Exito:We are a global B2B business events company focused on crafting bespoke solutions and contexts by designing platforms that create new business opportunities for our clients across concepts and industries.We cherish the trust over the last 12 years garnered from our partnering organizations globally, and with a growing team of young, vibrant, and creative individuals, Exito aims at success and perfection! Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)

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Malaysian Investors take part in Indonesia Investment Forum in Penang

PENANG, Malaysia, Dec 2, 2022 - (ACN Newswire via SEAPRWire.com) - A total of 95 Malaysian investors took part in the Indonesia Investment Forum which was co-organized by the Ministry of Investment/Investment Coordinating Board (BKPM) of Republic of Indonesia and the Consulate General of the Republic of Indonesia (KJRI) Penang in Penang, Malaysia, Tuesday.Promotion Director for Southeast Asia, Australia, New Zealand and the Pacific Region of the Ministry of Investment/Investment Coordinating Agency (BKPM) Saribua Siahaan said, "The ministry together with the Indonesian Consulate General in Penang received information that many potential investors in Malaysia were interested in investing in Indonesia, particularly, in Medan, North Sumatera and in Indonesia's New Capital City (IKN)."Therefore, we have come here to directly meet and talk to the investors about the potentials," said Saribua. Malaysia is among the top 10 investors in Indonesia, with investment over the last 5 years (2017-2021) reaching US$ 6.76 billion.Penang was chosen as the location for the event because the city is a manufacturing hub in Malaysia, hosting Excellence in Industry 4.0 through which it is expected to increase awareness and interest of Malaysian investors in investment opportunities in Indonesia."Malaysia is one of the biggest investors in Indonesia, mostly in Sumatra. And we hope the investment can be expanded in other locations, especially in IKN," said Saribua.Consul General of the Republic of Indonesia in Penang, Bambang Suharto, added, "Penang as home to 300 MNCs (Multi National Corporations) and 3,000 SMEs (Small Medium Enterprises) has various similarities and closeness with Indonesia, namely the geography, community diversity and culture."Indonesia, as predicted by the OECD (Organization for Economic Co-operation and Development), will be the 5th largest economy in the world by 2045, and offers great opportunities to Malaysian investors to invest in Indonesia and grow together with Indonesia," said Bambang.The event also presented a number notable speakers including Assistant Deputy for Investment Acceleration Strategy and Policy at the Coordinating Ministry for Maritime Affairs and Investment, Ferry Akbar Pasaribu; Head of the Indonesian Investment Promotion Center in Singapore Andria Buchara; Kuala Tanjung Industrial Estate Business Director, Saut Fransiswoyo Siagian; and the Medan Industrial Park Development and Operations Director, M Hita Tunggal.Ministry of Investment (BKPM)Investment Coordinating AgencyEmail: info@bkpm.go.id Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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MHI and Indonesia Power Jointly Investigate Co-Firing with Hydrogen, Biomass and Ammonia in Power Plants Across Indonesia

TOKYO, Nov 2, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Heavy Industries, Ltd. (MHI), and PT. PLN Indonesia Power, a sub-holding of Indonesia's state-owned electricity provider PT. PLN (Persero) (PLN), yesterday concluded a Memorandum of Understanding (MoU) to commence three feasibility studies on co-firing less carbon intensive fuels at power plants owned and operated by Indonesia Power. The three studies will be conducted jointly by Indonesia Power and MHI with support from its power solutions brand, Mitsubishi Power, and will aid in the advancement of solutions to accelerate the decarbonization of energy systems in Indonesia.The first study will examine the technical and economic feasibility of co-firing up to 100% biomass at the Suralaya coal-fired power plant (CFPP). The study will consider various aspects of the biomass supply chain, including handling, storage, transport and boiler modification.The second study, which will also use Suralaya CFPP as the reference plant, will investigate co-firing of ammonia produced by existing ammonia plants in Indonesia. A particular area of focus will be the potential to establish a blue ammonia supply chain with production and transportation from the ammonia plant and ammonia co-firing technology to apply in existing boiler.The third study will evaluate technical and economic feasibility of hydrogen co-firing in an M701F gas turbine at the Tanjung Priok gas turbine combined cycle (GTCC) facility. MHI completed construction of the plant's Unit 2 GTCC system in 2019 as part of PLN's plans to build an 880 MW plant under the Jawa-2 Project.The MoU was inked at an Energy Transition Day event organized by Indonesia's PLN Group on November 1, 2022. The event included discussions of initiatives and recommendations to achieve Indonesia's commitment of reaching net zero emissions by 2060, with over 250 industry professionals, government representatives and business leaders in attendance.Osamu Ono, Senior Vice President, Chief Regional Officer, Asia Pacific & India, MHI, said: "For over 50 years, MHI and its power solutions brand Mitsubishi Power have helped evolve Indonesia's energy landscape, playing major roles in significant energy projects across the country. This new agreement with Indonesia Power will not only enhance the reliability and efficiency of existing facilities, including the Tanjung Priok plant we helped build, but also explore innovative solutions imperative to achieving urgent environmental sustainability goals while delivering on the country's critical energy needs."Edwin Nugraha Putra, President Director, PT PLN Indonesia Power, said: "We are pleased to deepen our partnership with MHI to enable greater adoption of renewable energy and cleaner fuels, thus helping to achieve a sustainable energy transition in Indonesia. This new agreement underscores our commitment to support the continued development and decarbonization of the country's energy sector."This new MoU builds on strong existing cooperation between MHI and PLN in Indonesia. Since 1971, MHI's power solutions brand Mitsubishi Power has been supporting PLN and Indonesia Power with solutions for power plants across the country, including the Tanjung Priok, Suralaya and Grati power plants. More recently, in March this year, MHI and PLN, together with Institut Teknologi Bandung, prepared a joint proposal on biomass co-firing adoption at Indonesia's thermal power plants and presented their findings to the national government.Through this MoU and other ongoing initiatives, MHI, with support from Mitsubishi Power, will work to help the country achieve its Net Zero Emission 2060 target.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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World Cloud Show – Jakarta assembled global cloud technology leaders to accelerate the cloud adoption in the region

JAKARTA, Oct 17, 2022 - (ACN Newswire via SEAPRWire.com) - On 4 - 5 October 2022, at the JW Marriott Jakarta, more than 250 C-level tech decision makers attended the World Cloud Show, along with forward-thinking business minds that came together to discuss ideas, overcome challenges, and create innovative solutions. The expert speakers highlighted use-cases designed by public and private players in response to connectivity challenges and needs of all kinds that have emerged over the past few years, as well as how cloud computing can contribute towards social goals and enable innovation opportunities.H.E. Dr. Jerry Sambuaga, Vice Minister, Minister of Trade, Republic of Indonesia, in his keynote shared his views on 'Digital transformation in Trade'. He was quoted saying, "I believe that Indonesia's digital economy can transform the way that our country develops. Instead of increasing digital obstacles, digital economy can be the key to close the gap between those who have and have not."Hanindya Permatasari, Solutions Architect at Rubrik Indonesia, discussed at length on 'Building Cyber Resiliency at the Point of Data'. He was quoted saying, "Our Zero Trust Data Management solution protects enterprise data from attack and delivers the capabilities to reliably and rapidly recover applications, so that normal IT operations can be restored."While speaking about 'Securing your Cloud Journey with Fortinet Security Fabric', Fachrizal Zainuddin, Cloud Security Consultant at Fortinet Indonesia mentioned that, "It's hard to get good help these days. There is a massive shortage of skilled cloud security professionals - and that is going to impact how security solutions should be selected and implemented - because the best technology in the world won't help if you can't support an maintain it.""Cloudian offers military-grade data security with the most security certifications of any object storage. The most demanding customers, such as banks, finance firms, and defense agencies trust Cloudian with their data," said Tze Chuan Wong, Sales Engineer at Cloudian, in his tech talk on 'Modernizing your Data Protection Infrastructure in the Hybrid Cloud.'"The South Asian cloud computing industry is primarily being driven by the rising popularity of cloud-based services among businesses due to its multiple advantages, including low initial infrastructure costs and the availability of computing services on demand. The cloud has experienced a sharp increase in demand since it provides simple, secure solutions for the digital transition," stated Mithun Shetty, CEO of Trescon.Some of the top industry experts who spoke at the event included: - H. E. Dr. Jerry Sambuaga, Vice Minister of Trade, Republic of Indonesia- Setiaji, Chief of Digital Transformation Office, Ministry of Health of The Republic of Indonesia- Wilbertus Darmadi - CIO, Toyota Astra Motor, Indonesia- Hengki Sihombing - Coordinating Ministry for Economic Affairs of the Republic of Indonesia, PMO Kartu Prakerja, Indonesia- David Christopher - EVP Product Management & Technology Innovation, Anteraja, Indonesia- Hanindya Permatasari - Solutions Architect, Rubrik, Indonesia- Pinky Meiska Yuliana - Head of Business Development, Alibaba Cloud, Indonesia- Fachrizal Zainuddin - Cloud Security Consultant, Fortinet, Indonesia- David Sugandi - Country Manager Indonesia, ZStack International Information Technologies Limited, Indonesia- Adam Reikhan Darmanto - Chief Operating Officer, IDCloudHost, Indonesia- Eric Cahya - Head of Infrastructure, Xtremax, Indonesia- Tze Chuan Wong - Sales Engineer, Cloudian, Indonesia- Sonny Supriyadi - SVP. Head, Pricing and Data Analytics, Maybank Indonesia, Indonesia- Edmund Situmorang - Group Chief Technology Officer, Asian Bulk Logistics, Indonesia- Benny Jioe - Head of Digital Transformation, Zurich Asuransi Indonesia, Indonesia- Johnson Lopulisa - Head of IT, The Jakarta Post, Indonesia- Ichwan Peryana - CTO, Pinjam Modal, Indonesia- Yusfiannur Yusfiannur, IT Infrastructure Architect, Pertamina Hulu Rokan, Indonesia- Purnama Sulfa, VP Security Services Dept, PT. Bank Mandiri (Persero) Tbk, IndonesiaSupported by Jakarta Smart City and in Association with Asosiasi Penyelenggara Jasa Internet Indonesia (APJII), the 19th global edition of World Cloud Show - Jakarta was officially sponsored by:- Platinum Sponsor - rubrik- Gold Sponsors - Alibaba Cloud; Fortinet- Silver Sponsors - Xtremax; IDCloudHost | Zstack; Cloudian- Bronze Sponsor - Zoho; Okta | NEXTGEN Group- Exhibitor - Elastic, Saviynt About World Cloud ShowWorld Cloud Show is a thought-leadership-driven, business-focused, global series of events that takes place in strategic locations/time zones across the world.The Jakarta edition is gathering pre-qualified CIOs, CEOs, CTOs, Heads of Research, Industry Practitioners, IT Decision Makers and Experts in Cloud Computing among others from cross industry verticals across the region.The show will feature exciting keynotes, government and enterprise use-case presentations, product showcase, panel discussions and tech talk to discuss latest challenges and explore latest applications of cloud-based solutions.About TresconTrescon is a global business events and consulting firm that provides a wide range of business services to a diversified client base that includes enterprises, governments, and individuals. Trescon is specialized in producing highly focused B2B events that connect businesses with opportunities through conferences, roadshows, expos, demand generation, investor connect, and consulting services.For further details about the announcement, please contact:Nupur AswaniPR, Media & Corporate Communications, Trescon+91 95559 15156media@tresconglobal.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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WFIS Paces to Unveil Indonesia’s Most Advanced FSI Show

JAKARTA, INDONESIA, Oct 3, 2022 - (ACN Newswire via SEAPRWire.com) - With Indonesia darting to incorporate the latest technology innovations in FSI, the country's fintech is expected to generate $8.6 billion revenue by 2025. The move is further getting bolstered by Otoritas Jasa Keuangan (OJK) that is bringing favorable regulatory changes and has even launched "Master Plan for the Indonesian Financial Services Sector (MPSJKI) 2021-2025".To support Indonesia in powering an inclusive Financial Services & Insurance industry, Tradepass is hosting the 11th edition World Financial Innovation Series (WFIS) at Hotel Mulia Senayan in Jakarta, Indonesia on 4 - 5 October 2022. The event so far has drawn an array of the most spectacular technology providers to showcase their cutting-edge solutions from their exclusive exhibition booth on the event days. The list includes TigerGraph, Newgen, ExtraHop, Resulticks, SEON, Incode, Backbase, PT NEC Indonesia, Solace, Hazelcast, Perfios Software Solution, Freshworks, Weefer, Credgenics, PT CRIF Lembaga Informasi Keuangan, Provenir, 8x8, Feedzai, Teleperformance Indonesia, AI Rudder, M2P, Finastra, IT Group Indonesia, Outsystems, Perkasa and Mambu.In a statement issued, following TigerGraph's participation announcement, Herfini Haryono (Country Director Indonesia, TigerGraph) expressed, "Graph technology is increasingly viewed as a gamechanger in the financial services space. With a projected transaction value of USD125 billion for digital payments in Indonesia by 2027, there is an urgent need to bolster fraud prevention and detection as well as data risk assessment capabilities to help companies lower costs of payment fraud, uncover latent fraud patterns and deliver holistic customer experiences. Deep-link analytics, when combined with AI and Machine Learning, will be indispensable to financial institutions and fintech players that require real-time insights to improve and strengthen internal security procedures."WFIS 2022 - Indonesia, will also host over 500 technology and business heads from the leading Banks, Insurance & Micro-Finance institutions across the country who will explore the ideal technology solutions for their firms at the event's Exhibition Hall. They will also get a chance to take back the latest industry intel shared by the most inspirational thought leaders comprising the best minds from FSI. During an interview, the Co-Founder and CEO of Credgenics, Rishabh Goel gave a very interesting fact about the industry, he mentioned, "We have observed that more than 50% of the collections in retail loans can be completed through digital and automated mode, without any need for manual effort intervention. However, this potential has been underutilized due to the lack of a modern, digital-first and analytical approach. We are changing this by working with lenders across India and South East Asia to make their debt collections digital, data-driven, and customer-centric. We are excited to be a part of WFIS Indonesia and looking forward to engaging with the industry leaders over the two days."The event will power two knowledge-packed days filled with insightful presentations on the most pressing industry topics, deep dive panel discussions with the leading thought leaders, live showcase of the best fintech solutions and abundant networking opportunities. Francesco-Strobbe, Lead Financial Sector Economist, The World Bank is of the opinion, this summit provides an excellent opportunity to bring together financial institutions, regulators and other stakeholders to exchange perspectives and discuss the future direction of the financial services industry in Indonesia. This is critical to ensure that financial institutions continue to support the real sector, facilitate the transition towards a green economy, and explore new technologies to disburse inclusive finance."Some of the confirmed speakers for the event include IMANSYAH, Deputy Commissioner of OJK Institute and Digital Finance, OJK, TRIYONO GANI, Executive Director Digital Finance, Innovation Group, OJK; RITESH VARMA, Global Head and Vice President for Business Solutions Group, Newgen Software; DANIEL CHU, Vice President of Systems Engineering, APJ, ExtraHop Networks; MANI GOPALARATNAM, CEO & CTO, Resulticks; GHULAM IMADUDDIN, Director, Solutions Engineering, TigerGraph; KAIJIE HO, Senior Account Executive, SEON; RISHABH GOEL, Co-Founder and CEO, Credgenics and many others. Some of the crucial topics from the event include, 'Making Debt Collections Digital, Data-driven and Customer-centric', 'Defining An XDR Strategy', 'Data Driven CX in a Transformed World', 'Neo-Banks', 'Cloud Banking Platform', 'Building an AI Powered Bank' and many others.Organizer and CEO of Tradepass, Sudhir Jena expressed, "At a time when Indonesia is geared up to establish financial inclusion in the country, World Financial Innovation Series (WFIS) will be of paramount importance as not only it will bring the latest developments from the industry to the fore but will also foster collaboration between the public and private sector." For more information about the event, log on to: https://indonesia.worldfis.com/About TradepassProviding access to the global emerging markets, Tradepass brings together people, products and solutions to power events for unparalleled business and networking opportunities. Being the most accredited event company, it helps organizations: enter new markets, grow sales pipeline, close prospects, raise capital and identify the right solution-providers.As a deal facilitator, Tradepass is always determined about exposing the most agile liquid growth markets, to enable all-round scalability and growth.Media contact:Shrinkhal SharadPR & Communication Lead shrinkhals@tradepassglobal.com+ (91) 80 6166 4401Tradepass Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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G20 Digital Innovation Network (DIN): Catalyst for Digital Economy Growth in Indonesia

Nusa Dua, Bali, Sep 19, 2022 - (ACN Newswire via SEAPRWire.com) - The G20 Digital Innovation Network (DIN) meeting is able to be a catalyst to expedite the digital economy sector development in Indonesia, said Minister Johnny G Plate, Indonesian Ministry of Communication and Informatics (KOMINFO). The event aims to bring together start-ups, venture capital companies, policy makers, as well as leading global technology enterprises, including Google.Minister of Communication and Information Johnny G. Plate delivered his remarks at the opening of the G20 Digital Innovation Network (DIN) forum in Nusa Dua, Badung, Bali, Saturday (September 3, 2022). (ANTARAFOTO/Aditya Pradana Putra/rwa.)"We believe that the DIN event is an important catalyst for the growth of the digital economy by strengthening collaboration among start-ups, venture capital companies, as well as national and international corporations," the minister said in his opening remarks at the inauguration of G20 DIN, a High-level Side Event of the 2022 G20 Digital Economy Working Group (DEWG), in Nusa Dua, Bali.Before the G20 ministers and international organization representatives present, Plate noted the development of the digital economy in Indonesia shows a positive trend. "In 2021, the value of the digital economy in Indonesia reached US$70 billion and it will increase to US$315,5 billion in 2030. This potential is Indonesia's future economy (strength) which is supported by various well-performed start-ups," he said.Plate said that currently, Indonesia has two decacorn start-ups, or companies whose valuations have reached US$10 billion, and more than 10 unicorn start-ups, which have valuations of at least US$1 billion. Plate believes that start-ups play an important role in determining the development of the digital economy sector, both at the domestic and regional levels."I trust the G20 DIN (organizing committee) to carry out this series of meetings and discussions which are expected to encourage various collaborations on digital innovations," Plate stated.The G20 DIN meeting was held in the Bali International Convention Centre (BICC) in Badung District from September 2 to 4, 2022. More than 400 participants attended the event in person, while another 200 participated in the event virtually.Chairperson of 2022 G20 DIN, Sonny Hendra Sudaryana, said at a press conference after the inauguration that the implementation of 2022 G20 DIN would focus on five priority sectors: education technology, financial inclusion, healthcare, supply chain, as well as green and renewable energy.2022 DIN Start-Up Awards Winners:1. Healthcare -- UCARE.AI, Singapore / Neurobots, Brazil2. Supply Chain -- MOOVA, Argentina / Sinbad, Indonesia3. Green & Renewable Energy -- Xurya, Indonesia / Uali, Argentina4. Edutech -- Edubuk, India / Accredify, Singapore5. Financial Inclusivity -- WireBarley, South Korea / Lendo, Saudi ArabiaFavourite Start-Up Winners:1. Healthcare -- NUSANTIC, Indonesia / Qapsula, Russia2. Supply Chain -- Eunimart, India / FairSupply, Australia3. Green & Renewable Energy -- EINHUNDERT Energie GmbH, Germany / MVL Labs, South Korea4. Edutech -- Cakap, Indonesia / Sarente Gameon, Turkey5. Financial Inclusivity -- Komunal, Indonesia / Lendo, Saudi ArabiaG20 Digital Innovation Network: https://g20innovationnetwork.orgSource: DIN, Indonesian Ministry of Communication and Informatics (KOMINFO). Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Maybank Indonesia Announces Winners of Maybank Marathon 2022

BALI, INDONESIA, Aug 28, 2022 - (ACN Newswire via SEAPRWire.com) - PT Bank Maybank Indonesia, Tbk (Maybank Indonesia) announced the winners of the World Athletics' 'Elite' road race, the Maybank Marathon 2022, as the contest concluded its 10th anniversary run in Bali today (8/28).With close to 10,000 runners from 50 countries, Maybank Marathon 2022 crowned Hassan Toriss, BIB 004 from Morocco, as champion of the Marathon Open Male category, with a recorded finish time of 2:15:38, and Immaculate Chemutai with BIB 025 from Uganda as champion of the Marathon Open Female category, with a recorded finish time 2:42:32. Each received a cash prize of Rp200,000,000, symbolically handed over by Maybank Marathon Project Director Widya Permana.In the Marathon National category, Rikki Marthin Luther Simbolon was named champion for the Marathon National Male category with a recorded finish time of 2:34:49, while Odekta Elvina Naibaho came as the champion for the Marathon National Female category with a finish time of 2:55:45. Both received Rp 125,000,000 prize money.Widya, the Maybank Indonesia Director of Operations and Project Director of the Marathon said, "At the successful conclusion of the Maybank Marathon 2022, we extend our gratitude and appreciation to everyone who has supported the Marathon since preparations began in March 2022. We congratulate the Maybank Marathon 2022 winners whose achievements have demonstrated strong determination to reach their best, in every category.""Maybank Indonesia is honoured and proud to have organised Indonesia's first and only World Athletics 'Elite' road race Maybank Marathon, for all national and international marathon aficionados and athletes. The 'Elite' label has placed both Maybank Marathon and Indonesia prominently in the world of athletics, specifically marathon sports," concluded Widya.Winners of the Maybank Marathon 2022 -- the Marathon Open & National Category, Half Marathon (21K) Open & National Category and 10K Open & National Categories -- are announced in the official release, available on: https://www.acnnewswire.com/docs/Multimedia/Maybank_Marathon_2022.pdf.Maybank held a press conference on Saturday, 27 August at Taman Bhagawan, Bali, to preview the 2022 Marathon. The conference was hosted by Widya Permana, the Project Director and Deniawan Rachmatialevi, the Project Manager of Maybank Marathon 2022.The flag-off, which marks the start of Maybank Marathon, was done in stages starting with the Marathon (42.195 km) category at 04.30 Indonesia Central Time Zone (WITA), followed by the Half Marathon (21.0975 km) at 05.15 WITA, the 10K at 06.00 WITA, and the wheelchair category at 06.10 WITA. For the 10th anniversary of the Marathon, this year's event posted a total prize of Rp2.7 billion for 118 winners, including record-breakers.Maybank Indonesia witnessed strong runner enthusiasm to join Maybank Marathon 2022 as total participants were on par with events before the pandemic. The support of the central and regional Governments during this recovery period made it possible for marathon enthusiasts to participate in this year's Marathon, said Project Director Widya.As part of the World Athletics' 'Elite' label road race and its 10th anniversary, Maybank Marathon 2022 enjoyed the participation of 10 elite marathon runners, 5 elite male marathon runners and 5 elite female marathon runners. This year's Marathon also included Indonesia's 9 personal-best time national marathon athletes in the race, consisting of 5 male marathon national runners and 4 female marathon national runners.Safety and SecurityFrom a safety and security perspective on the 42.195 km road race, the Organising Committee mobilised 850 Police personnel from Bali Police Department and 450 pecalang (neighbourhood / citizen security) from surrounding villages in Gianyar Regency. The Bali Police Department implemented traffic management along the course, mainly on Bypass I.B. Mantra, through the rural streets from Ketewel village, Guwang village, and the road to Medahan village.In addition, from perspective of safety and well-being for the runners, the Organising Committee deployed around 850 marshals, an approximate 180 paramedics team, and 26 ambulances, consisting of 11 ambulance cars, 15 ambulance motorbikes and one ambulance car with emergency installation standards along the course, as well as 40 pacers, trained in First Aid Emergency Cardiopulmonary Resuscitation (CPR) procedures to handle any emergency conditions.From Friday (8/26) to Saturday (8/27), Maybank held the Race Pack Collection (RPC) for participants to collect race packs prior to the race. For runners' safety, Maybank applies a 'You Register, You Run' policy which sets mandatory rules for all participants to collect race packs according to registered name and prohibits proxy to collect the pack. The run slots are non-transferrable, and runners can only join the race based on the selected category upon registration.This year's Maybank Marathon RPC activity is packaged as a festival of entertainment, featuring well-known Indonesian entertainers, sponsor exhibitions, and a special exhibition for Maybank Indonesia's Sustainability program.Maybank Indonesia further organized activities for customers to experience banking products through the Maybank Interactive Lounge, Maybank Premier & VIP Lounge and Maybank Information Station, as well as a payment system using QRIS, accessible via Maybank Indonesia's digital banking M2U application, to purchase various sponsors' products such as food and beverages, etc.Considering the safety of runners, Maybank Marathon applies rules in line with Government Regulation regarding Outdoor Events, outlining the requirement for all runners to have at least a third vaccine (booster) and a mandatory Peduli Lindungi scan prior to entering the Race Pack Collection venue and Race Village. Participants are also mandated to follow health protocols, such as wearing masks, using hand sanitiser and keeping social distance during the event.Marathon Supporters Maybank Marathon 2022 received various stakeholders' support, including the Provincial Government of Bali, the Police Department of Bali, the Regency Government of Gianyar, Palang Merah Indonesia (Indonesian red cross), and the Indonesian Athletics Association (PASI).Maybank Marathon 2022 is also supported by sponsors who played a key role in ensuring the event's success. Maybank Indonesia management and the Maybank Marathon Organising Committee convey appreciation to the following sponsors: Aqua, New Balance, Etiqa Indonesia, Pocari Sweat, Taman Bhagawan, Bali Safari & Marine Park, BMW, Berita Satu, RS Kasih Ibu, RS Kenak Medika, Biznet, Rintis ATM Prima, Traveloka, Rubiyat, Cardea, Gambino, Indofood Ice Cream, Optik Tunggal, Fit Bar, Garmin, Strive Gel, Salon Pas, Bali Hai, Waterbom, Shokz, Re.juve, Pelita Air, Swan Paradise by Pramana, Rhadana, Swiss-Belhotel Tuban, Plataran, Parasol, Royal Tulip Jimbaran, Artotel Sanur, and Tribe Hotel.Maybank Indonesia management and the Organizing Committee also convey appreciation to the following media partners: Metro TV, Berita Satu Media Holdings, Tribun Group, Jawa Pos Group, LKBN Antara, Tempo Media Group and Gatra Media Group, as well as supporting coverage from local and other renowned media during the 2022 Marathon event with articles, videos, and photos of the event and activities.For the latest updates on the 2022 Maybank Marathon in Bali :- Website: https://www.maybank.co.id/Maybank-Marathon- Instagram: @maybankmarathon- Facebook: https://www.facebook.com/MaybankMarathon- Twitter: @maybankmarathonAbout Maybank Marathon Maybank Marathon is an international level marathon organized by PT Bank Maybank Indonesia, Tbk (Maybank Indonesia} since 2012 which offers a full marathon (42.195 km), half marathon (21.0975 km), and 10K (10 km). Various recognition has been achieved by Maybank Marathon, among which: included as one of the eleven "Remarkable races in the world that one must participate before you die" by The Active, one of "The 52 Best Races on Earth 2016" by Runnersworld, Best Marathon 2016, Best Half Marathon 2015, and the Most Popular Sport Event 2018 by the Venue magazine.In 2020, the Maybank Marathon received the "Elite Label" certification from World Athletics, the former IAAF, the international organization that regulates and oversees the implementation of marathon races around the world. Maybank Marathon is also part of the 175 Marathon qualification series World Championship Abbott World Marathon Major ("Abbott WMM"), Wanda Age Group World Rankings and became one of the qualifying Race Boston Marathon. Maybank Marathon 2019 became Indonesia's National Sports Agenda ("PON") qualification in Papua in 2021.About Maybank IndonesiaPT Bank Maybank Indonesia is one of the leading banks in Indonesia and is a part of the regional and international network of the Maybank Group. Maybank Indonesia provides a comprehensive range of products and services for individual and corporate customers through Community Financial Services and Global Banking and automotive financing through subsidiaries, WOM Finance for two-wheeled vehicles and Maybank Finance for four-wheeled vehicles. Maybank Indonesia also continues to develop Digital Banking services and capacity through M2U (App and Web), M2E for corporate customer and other various channels.As of June 2022, Maybank Indonesia has 354 branches, including Shariah branches spread across Indonesia, including one overseas branch in Mumbai, India, 22 Mobile Cash Cars and 986 ATMs connected with over 20,000 ATMs incorporated in ATM PRIMA, ATM BERSAMA, ALTO, CIRRUS, and connected to 3,500 Maybank ATMs in Singapore, Malaysia and Brunei. Maybank Indonesia manages customer deposits amounting to Rp111.66 trillion and has total assets valued at Rp167.33 trillion. Visit www.maybank.co.id.More information, please contact:Dimas Tjahjono Dradjat, Head, CommunicationsEmail: communications@maybank.co.idTel: +6221 2922-8888 Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Thousands of educators, policymakers & technology leaders assemble to discuss the future of education in Indonesia

JAKARTA, July 26, 2022 - (ACN Newswire via SEAPRWire.com) - On 3-4 August 2022, EDUtech Indonesia will once again bring together the entire Indonesian education ecosystem to discuss new strategies, pedagogies, and innovations to bring inspiration in education to all.Over the two days, over 100 expert speakers from K-12 Schools and higher education institutions across Indonesia and beyond will be addressing key themes such as Digital Leadership, Hybrid Learning, and Next-Gen Tools and Pedagogy in both English and Bahasa Indonesia.Headlining the festival agenda are Anindito Aditomo, Head of Agency for Standardization, Curriculum, and Assessment in Education, Ministry Of Education, Culture, Research and Technology, Republic Of Indonesia and Solehuddin Muhammad, Rector, Universitas Pendidikan Indonesia. Anindito Aditomo will be opening the conference on the morning of 3rd August, while Solehuddin Muhammad, will evaluate the challenges and opportunity for Higher Education in Indonesia and the pandemic.Additional featured speakers at EDUtech Indonesia include:Widyawan, Director of Information & Systems, Universitas Gajah Mada Raden Arief Setyawan, Head of System and Information Technology Unit and Faculty Member of Electrical Engineering, Brawijaya University Agus W. Soehadi, Vice Rector for Academic Affairs, Universitas Prasetiya Mulia Dr Teddy Mantoro, Director of Media-Tech Lab, Sampoerna University Dr Ivan Butar, Chair of Education, Monash University Indonesia CampusAnthea Calista, Vice Principal of Curriculum, PENABUR Secondary Kelapa GadingLilin I. Rahardjo, Head of Foundation, Merlion SchoolSudeep Palekar, Vice Principal Curriculum & Cambridge Exam Officer, Global SevillaMario Himawan, Indonesian Principal and Head of IT, Beacon AcademyEric Budiyono, Principal, Temasek Independent SchoolRunning alongside the conference is a virtual exhibition hall showcasing the latest education technologies by edtech leaders including Lenovo, Google for Education, Amazon Web Services, Zoom, Canvas by Instructure, Coursera for Campus and more.The two-day free-to-attend conference and exhibition is expected to gather over 2,000 education stakeholders from Indonesia and beyond.About EDUtech Indonesia 2022Date: 3-4 August 2022, LIVE ONLINEConference & Exhibition opening hours: 08:30 am WIBWebsite: https://www.terrapinn.com/virtual/edutech-indonesia/index.stmRegister: https://secure.terrapinn.com/V5/step1.aspx?E=10576About TerrapinnTerrapinn is a business media company. Its products are trade exhibitions, conferences, training solutions and electronic and print publications. For more information, please visit www.terrapinn.com.Note: Press registration for the conference is compulsory and advance scheduling for speaker/ sponsor interviews is recommended. Press passes are strictly reserved for reporters, journalists, editors only. Final issuance of press passes is subjected to Terrapinn's discretion. For your complimentary press pass, please contact the following:Jessica FoongMarketingTerrapinn Pte LtdJessica.foong@terrapinn.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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13th Edition Cyber Security Summit Indonesia Physical Conference on 21 July 2022

JAKARTA, Jul 19, 2022 - (ACN Newswire via SEAPRWire.com) - After successful 12 editions of Cyber Security Summit, Exito (www.exito-e.com) is all set to host another milestone event - 13th Edition Cyber Security Summit Indonesia (https://exito-e.com/cybersecuritysummit/indonesia/) - to enhance the experience to latest insights in "Ramping up cybersecurity in Indonesia". The summit which is in alignment with Indonesia's National Cyber security Strategy: Security and Sovereignty in Indonesia Cyberspace, is carefully curated to discuss the need for adopting policies and strategies towards a proactive cybersecurity approach. Through engaging panel discussions, insightful keynotes and immersive networking sessions, the event is sure to incite both thought and action at your organization. The summit provides an ideal opportunity for you to connect, learn and network with like-minded peers from various enterprises of Indonesia.The event features insightful sessions by qualified speakers hosting a vast experience in the cybersecurity domain. An exclusive one-day closed door conference hosting 120+ IT Heads, CIOs, CTOs, CISOs, heads of digital transformation, security heads, etc to discuss the best practices on cybersecurity from various enterprises of Indonesia.Speakers like Setiaji Setiaji, Chief Of Digital Transformation Office Ministry Of Health, The Republic Of Indonesia, Pratama Persadha, Chairman, CISSReC, Wilbertus Darmadi, CIO, Toyota Astra Motor, Juan Kanggrawan, Head Of Data Analytics & Digital Product, Jakarta Smart City, Edmund Situmorang, Managing Director & Head Of AI TechConnect Academy (Sinarmas Group), Ivan Irawan, IT Director, Kredit Biro Indonesia Jaya (KBIJ), Teddy Mantoro, Professor, Sampoerna University, Aston Nugroho, Industrial IoT Consultant And Secretary General, Automation Indonesia, Benny Jioe, Head Of Digital Transformation, PT Zurich Asuransi Indonesia Tbk, & Setiawan Hermanto, AVP Of IT Security, PT Tokopedia and others will be sharing their experiences and expertise at the Summit.Event registration has commenced for Delegates (bit.ly/3acaN8x) and Sponsors.- The delegates will be exposed to in-depth, trend-forward sessions & workshops - practical takeaways and ideas to keep you ahead in the digital economy.- The sponsors will be able to create an overwhelming branding in the event along with meeting their prospects and displaying the products.- Hundreds of seasoned marketers, strategists, designers, and more to network and connect with. Meet your customers, vendors, expert resources, friends and colleagues on the 21st of July2022.To know more about the event, click on 13th Edition Cyber Security Summit Indonesia (https://exito-e.com/cybersecuritysummit/indonesia/).About ExitoWe are a global B2B business events company focused on crafting bespoke solutions and contexts by designing platforms that create new business opportunities for our clients across concepts and industries. We cherish the trust over the last 12 years garnered from our partnering organizations globally, and with a growing team of young, vibrant, and creative individuals, Exito aims at success and perfection! Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Breakthrough Cooperation of Legend Capital’s Cross-border Portfolio Companies: Innovent and Etana Jointly Announce the Approval of Bevagen by the BPOM

HONG KONG, Jun 15, 2022 - (ACN Newswire via SEAPRWire.com) - On June 14, two of Legend Capital's portfolio companies, Innovent Biologics, Inc. ("Innovent") and PT Etana Biotechnologies Indonesia ("Etana"), jointly announced that the Indonesian Food and Drugs Authority (BPOM) had approved Bevagen (bevacizumab biosimilar), a recombinant humanized anti-VEGF monoclonal antibody drug for five indications including metastatic colorectal cancer (mCRC), metastatic triple-negative breast cancer (mTNBC), advanced non-small cell lung cancer(NSCLC), ovarian cancer (OC), and cervical cancer(CC). Under the approval of the BPOM, Bevagen will potentially be the first Chinese antibody drug to be marketed and locally produced in Southeast Asia.Dr. Michael Yu, Founder, Chairman and CEO of Innovent, said, "We are pleased that under the strategic collaboration with Etana, the approval of Bevagen in Indonesia marked a meaningful step toward bringing Innovent's innovative portfolio into the global market, benefitting patients globally. Pairing Etana's commercial expertise in the local Indonesian market with Bevagen's clinical profile, high-quality production and relative affordability, we are confident that Bevagen will launch to the market quickly and benefit many cancer patients."Nathan Tirtana, President Director of Etana, said, "Etana appreciates the support of BPOM for approving Bevagen for cancer patients in Indonesia. With this product, we believe we can provide better access to high-quality and affordable biosimilar drug to meet the need of cancer patients in Indonesia. Our next step is to implement the technology transfer and local Bevagen production in Indonesia via collaboration with Innovent."Legend Capital has been looking for investment and partnership opportunities in the Southeast Asian market since 2019 and ultimately invested in Etana in 2020. By leveraging the advantages of the portfolio ecosystem, Legend Capital has played an active role in promoting the strategic cooperation between Innovent and Etana.Mr. Frank Hong, Managing Director of Legend Capital, said, "Congratulations to Innovent and Etana for the approval of the first biosimilar in Indonesia. This milestone achievement demonstrates the feasibility of expanding Chinese innovative drugs market access into the emerging markets. The emerging markets along the Belt and Road have significant demand for pharmaceutical products and unmet clinical needs, Chinese innovative therapeutics are particularly well suited to the needs of patients in developing countries given their quality and affordable prices. Legend Capital will continue to explore investment opportunities in the emerging markets and actively pioneer the path for Chinese high-end biologics' overseas expansion, facilitating the globalization of Chinese pharmaceutical companies."Mr. Fei Qi, Executive Director of Legend Capital, said, "The cross-border investment and industrial collaboration in the Southeast Asian market possess unique challenges: from policy regulation, folk culture to healthcare system complexity. Etana has set up a competitive barrier of 'Access + Manufacturing + Commercialization' in Southeast Asia, and Legend Capital complemented Etana's key 'Business Development' ability by leveraging its healthcare portfolio ecosystem. Legend Capital has provided a series of value-add services in terms of company strategy, business cooperation and subsequent financing to Etana since its investment. Etana has approached and discussed collaboration initiatives with more than 10 Chinese biopharmaceutical companies and plans to introduce more therapeutics that Indonesia currently lacks, such as cancer monoclonal antibodies, COVID vaccines, and antiviral infection drugs. Through the joint efforts of Etana and its partners, we believe that the company will be able to provide high-quality and affordable Chinese innovative drugs to Indonesia, Southeast Asia and even the Islamic world."Legend Capital has been firmly positioned to invest systematically in the field of innovative medicine. Adhering to the investment philosophy of "Global Vision, Chinese Insights", Legend Capital is looking for truly internationally competitive technologies and teams to solve the unmet clinical needs; many of its portfolio companies have been listed on A-share or H-share successfully, such as Kawin Technology (688687.SH), Innovent Biologics (01801.HK), Hbm (02142.HK), Recbio Technology (2179.HK). At the same time, we also made investments in segment-leading companies such as GluBio Pharmaceutical, Ribo Life Science, PegBio, Exegenesis Bio, Lynk Pharmaceuticals and Innostellar Biotherapeutics. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Captivating Notions on Jakarta’s Thriving AI Technology Vision and its Embedding Journey to Boost its AI Capabilities

JAKARTA, Jun 14, 2022 - (ACN Newswire via SEAPRWire.com) - The 34th global edition of World AI & RPA Show supported by KORIKA and IAIS concluded with 2 days of the power-packed conference that served as a key catalyst for Jakarta's bold vision of leveraging innovation and technology to diversify its goals by bringing together government officials & inspirational line-up of Artificial Intelligence experts & solution providers on the 8th & 9th of June. The show brought together over 450+ delegates & 45+ exception tech leaders as speakers from across the globe including major stakeholders of Jakarta's digital ecosystem.The theme for the conference was premised on helping key government entities and private enterprises that develop a comprehensive Artificial Intelligence roadmap by assessing sectors of critical infrastructure emerging technologies can be a strategic enabler to boost the nation's economic competitiveness.Prof. Dr. Hammam Riza, Principal Expert, National Research and Innovation Agency (BRIN) President of KORIKA, Indonesia, spoke at length on the topic, "Leveraging Digital Transformation through Indonesia's AI National Strategy", and made strong points on AI Roadmap and its implementation in accordance with the country's values system. He also expressed how AI National Strategy can help in creating a digital-savvy workforce.Dr. Eng. Hary Budiarto, Chairman of Research and Talent Development Agency Ministry of ICT Indonesia, gave a keynote on "Why Artificial Intelligence (AI) is a critical component of Indonesia's technological landscape". He was quoted saying, "The primary industries in Indonesia will benefit from AI and other cutting-edge technologies, which will assist the Indonesian economy overcome challenges and limitations."Suganthi Shivkumar, Vice President, Asia, Alteryx, while delivering her tech talk on 'Driving Analytic Maturity: Scale the Impact of Analytics Across the Organization', spoke about a proven method that helps organizations democratize analytics across an organization, and added what are the stages of analytics maturity.One of the most prominent panel discussions witnessed at the event discussed on "How AI and Automation can drive a customer-centric Environment". The speakers on the panel included Muhamad Erza Aminanto, Senior Research Scientist, Jakarta Smart City; Amit Panda, Group Head of Data and Analytics, Sinarmas Financial (SMMA Group), Jean-Marc Provost, Director Digital and Conversational AI, Genesys; Eva Dormauli, Assistant Vice President Sales for Small and Medium Division BRI, PT. Bank Rakyat Indonesia Persero Tbk.In this discussion, panellists gave their insights on how CX revolutionised with the introduction of Conversational AI, the cause and cure for point solution chaos, a roadmap for Government bodies to become digital leaders and how Data and AI became the accelerators of CX.Bambang Dwi AngGono; Director of e-Government Department of Communications and Informatics - Republic of Indonesia, on his keynote shared insights on why Artificial Intelligence is a central piece of digital transformation'. He was quoted saying, "AI innovation is happening at a truly exponential rate, and business leaders, CIOs and IT Professionals must be open to AI solutions which can create real business value."Satchit Joglekar, Regional Director, ASEAN Emerging Markets, Snowflake, Singapore, while delivering his tech talk on 'Power Your Organization Forward with the Data Cloud', stated, "The Data Cloud eliminates silos, enabling organizations to rapidly and flexibly combine data from disparate sources to create new insights and maximize the value of the enterprise data."The event also focused on other key topics such as: - Integrating artificial intelligence (AI) at the heart of a company's business and operational models,- The digital revolution's frontiers are being pushed farther by recent advancements like facial recognition and related innovations, - Revamping policies for the digital era: Realigning policies and institutions with the digital economy, - Cloud as a driver for digital transformation and many more.Some of the top speakers who attended the event that took place on the 8th and 9th of June 2022 included: - Prof. Dr. Hammam Riza, Principal Expert, National Research and Innovation Agency (BRIN) President of KORIKA, Indonesia;- Dr. Eng. Hary Budiarto; Chairman of Research and Talent Development Agency, Ministry of ICT, Indonesia;- Bambang Dwi Anggono, Director of e-Government, Department of Communications and Informatics, Republic of Indonesia, Indonesia;- Setiaji Setiaji, Chief of Digital Transformation Office, Minister of Health of The Republic of Indonesia;- Dr. Lukas, Co-founder and Chairperson, Indonesia AI Society;- Suganthi Shivkumar; Vice President - Asia, Alteryx;- Indra Hidayatullah, Data Management & Analytics Division Head, PT Bank Tabungan Negara (Persero) Tbk;- Kevin Lim, Regional Vice President, SEATH Dataiku Singapore;- Katrina Briedis; Sr. Product Marketing Manager, APAC, Denodo, Australia;- Satchit Joglekar; Regional Director, ASEAN Emerging Markets, Snowflake Singapore;- Benedikta Satya; Country Director, Searce, Indonesia;- Tauhid Abddul Jalil; Principal Consultant, Southeast Asia, Laiye;- Jean-marc Provost; Director Digital and Conversational AI, Genesys, Singapore;- Juan Kanggrawan; Head of Data Analytics Jakarta Smart City- Prof. Dr. Ir. Arwin Sumari; Senior Officer, Indonesian Air Force, Adjunct Professor, Politeknik Negeri Malang Indonesia and more."Artificial Intelligence (AI) technology holds enormous potential to transform businesses in ways that can improve operational effectiveness, boost productivity, increase efficiency, and reduce costs," stated Mithun Shetty, CEO, Trescon.The Jakarta edition of #WorldAIShow was officially supported by KORIKA, IAIS; & officially sponsored by: - Lead Sponsor - Dataiku | iZeno; - Gold Sponsors - Denodo, Alteryx, Searce & Snowflake; - Silver Sponsors - Laiye & Genesys | Phincon; - Bronze Sponsor - Darktrace- Official Media Partners - The Jakarta Post & PR Newswire, a Cision company.About World AI & RPA ShowWorld AI Show is a thought-leadership-driven, business-focused, global series of events that takes place in strategic locations across the world. It connects top AI experts, enterprises, government representatives, data scientists, technology leaders, startups, investors, researchers, academicians, and global AI innovators - to discuss the impact of AI on commercial applications and the revolutionary ways it can transform businesses and government functions.About TresconTrescon is a global business events and consulting firm that provide a wide range of business services to a diversified client base that includes corporations, governments and individuals. Trescon is specialized in producing highly focused B2B events that connect businesses with opportunities through conferences, roadshows, expos, demand generation, investor connect and consulting services.For more information, visit: https://tresconglobal.com/conferences/ai/jakarta/ For further details about the announcement, please contact:Jagriti Jaiswal, Marketing Lead, Tresconmedia@tresconglobal.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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GPDRR: Indonesia offers sustainable resilience to tackle disaster risk

Nusa Dua, Bali, May 27, 2022 - (ACN Newswire via SEAPRWire.com) - At the 2022 Global Platform for Disaster Risk Reduction (GPDRR) event, the Government of Indonesia offered the world the concept of sustainable resilience as a solution to address the challenges of systemic disaster risk.President Joko Widodo (R) discusses with UN Deputy Secretary-General Amina Mohammed (L) before the opening ceremony of the Global Platform for Disaster Risk Reduction 2022 in Nusa Dua, Bali, Wednesday. (ANTARA FOTO/Akbar Nugroho Gumay/foc)Indonesian President Joko Widodo highlighted this concept at the opening ceremony of the 2022 GPDRR in Nusa Dua, here, on Wednesday.The sustainable resilience concept is considered to be a solution to tackle all forms of disasters, including facing a pandemic and concurrently supporting the implementation of the Sustainable Development Goals (SDGs), Jokowi remarked.He highlighted the need to apply several measures to build sustainable resilience."First, we should strengthen an anticipatory, responsive, and adaptive disaster preparedness culture as well as institutions in dealing with disasters," President Jokowi stated.According to the president, disaster mitigation education and government institutions that are synergistic and responsive to disasters must become a shared priority.Jokowi explained that the second measure deemed necessary is for every country to invest in science, innovation, and technology, including in ensuring access to finance and technology transfer."Access to funding is an important issue that we must take seriously. Indonesia has developed a strategy for funding and disaster insurance by establishing a pooling fund and using development funds at local levels to support disaster mitigation and preparedness," he stated.The third measure is by building infrastructure that is resilient to disasters and climate change."(This is) in addition to mitigating (the impacts on) physical infrastructure, such as dams, breakwaters, reservoirs, and embankments; green infrastructure, such as mangrove forests, shrimp seedlings on the coast; ... as well as the development of open spaces to be part of the realization of infrastructure development," Jokowi pointed out."The protection of vulnerable groups living in high disaster risk areas must also get special attention," he stressed.Lastly, the Indonesian president invited all countries to commit to implementing global agreements at the national and local levels."The Sendai Framework, the Paris Agreement, and the SDGs are important international agreements in the efforts to reduce disaster risk and climate change. I invite all countries to be committed and serious about implementing it," Jokowi stated.He affirmed that disaster risk reduction is an effective investment to prevent future losses."To that end, we affirm Indonesia's commitment to implementing the Sendai Framework as well as other international commitments," he stressed.The head of state also expressed Indonesia's readiness to share experiences and knowledge in disaster mitigation."As a disaster-prone country, Indonesia has accumulated knowledge and experience that can be an important lesson for the world, but Indonesia is also eager to learn from international experience," Jokowo emphasized."Let's work together to mitigate (impacts and manage risks with regard to) the rise in disasters for a better life today and tomorrow," he concluded.AppreciationOn the occasion, several United Nations (UN) officials -- President of the 76th Session of the UN General Assembly Abdulla Shahid, UN Deputy Secretary General Amina Mohammed, and Special Representative of the UN Secretary General for Disaster Risk Reduction Mami Mizutori -- lauded Indonesia for being successful in controlling COVID-19, so that the 2022 GPDRR forum could be held in-person in Nusa Dua, Bali."I would like to convey the appreciation of the UN to the president of Indonesia and the people for hosting the 2022 GPDRR," Mohammed stated at the opening ceremony."I would like to congratulate and appreciate Indonesia for the measures that have been taken to address COVID (as a) response that had allowed us to meet in this conference here in-person," she stated.According to the UN deputy secretary general, Indonesia's efforts to vaccinate its population of 217 million people is a major achievement."We applaud the leader of Indonesia for its vaccine program for keeping everyone safe and reacting and responding to the COVID pandemic," she stated.She also affirmed that Indonesia is a critical partner that has taught the world a lot about disaster risk reduction."Your willingness to host this important gathering is a testament to the leading role that you (Indonesia) play in sustaining development and climate action," she remarked.Meanwhile, the United Nations Office for Disaster Risk Reduction (UNDRR) Director Ricardo Mena lauded Indonesia as a country that is leading in the global efforts for disaster risk reduction."This is a very important (effort), and I think this is where we think that Indonesia is leading in terms of the global efforts to reduce disaster risks," Ricardo Mena stated in a special interview with ANTARA here on Monday (May 23).Mena remarked that Indonesia has put forth a strong message about the importance of disaster risk reduction efforts by hosting the 2022 GPDRR."We believe that Indonesia is giving a very strong message through the engagement and hosting of the GPDRR here in Bali. We are very thankful to the Indonesian Government for that," he remarked.The UNDRR director also highlighted Indonesia's leadership in adopting the long-term disaster risk reduction plan."I think what I would like to highlight is that Indonesia is one of the few countries in the world that has adopted a very long term plan to reduce disaster risks," he remarked."This is very important because if you want to really address the root causes, and you cannot do it in two, three, or five years. It is impossible, and we look and welcome very much the fact that Indonesia has a plan to reduce disaster risks that goes even beyond 2040," he added.To that end, Mena also encouraged other countries to follow Indonesia's steps in adopting long-term plans for disaster risk reduction.Indonesia hosts a series of meetings of the 7th Session of the Global Platform for Disaster Risk Reduction (GP2022) in Bali on May 23-28, 2022.Written by: Yuni Arisandy Sinaga, Editor: Fardah Assegaf (c) ANTARA 2022 Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Princeton Digital Group and The Indonesian Internet Service Provider Association announce a strategic partnership to boost Internet connectivity in Indonesia

JAKARTA, Apr 21, 2022 - (ACN Newswire via SEAPRWire.com) - Princeton Digital Group, Asia's leading data center provider, and The Indonesian Internet Service Provider Association (APJII) announced a collaboration to further elevate Indonesia's internet infrastructure.This strategic partnership will help APJII members in Jakarta, Bandung, Surabaya, and Pekanbaru to have easy access to the Indonesia Internet Exchange (IIX) and strengthen the internet connectivity infrastructure in Indonesia. This collaboration will also include PDG's 22MW Jakarta Cibitung 2 (JC2), a new greenfield development that PDG launched recently.APJII is a long-established association with over 700 internet providers and over 3,000 corporate members. The association provides members with several strategic services, including access to IIX, assistance, seminars and training, and industry-related insights. These services are provided to support its members in providing quality Internet services for Indonesians, in line with the Indonesian government's program to strive towards digital transformation through building the country's digital and internet infrastructure inclusion to expand connectivity across the archipelago.With an internet penetration rate of 73.7% in 2021, an increase from over 64.8% in 2018, and 95% of the population in the country accessing the internet via smartphones, Indonesia is poised to be a hyperscale market for data centers. According to Structure Research, the data center colocation market in Jakarta is expected to grow at a CAGR of 23.7% through 2020 to 2025, indicating massive growth ahead. Chairperson of APJII, Muhammad Arif, said, "As the Internet penetration rate continues to grow, APJII must anticipate the needs of the internet infrastructure, including internet xchange nodes and data center, in terms of capacity, reliability, and efficiency. APJII commits to support Indonesia's vision to become the largest digital economy power in the region and strengthen internet sovereignty." However, the Indonesian market is highly fragmented. Many Internet Service and Content Providers try to get access to IIX. With this partnership, PDG opens more options in terms of location. This will help by facilitating members of APJII to reach more digital content by leveraging PDG's expanded footprint in the market. The move will enable the content providers to collocate with PDG to garner easy access to IIX. At the same time, APJII is able to expand its community and provide broader Internet services for Indonesians. "To build a stronger digital infrastructure in Indonesia and contribute to the nation's upliftment at large is at the core of PDG. Being at the center of explosive economic growth and rapid digitalization by the government sector in Indonesia, PDG is well-poised to serve global cloud companies, domestic internet companies, and enterprises with unmatched scalability, connectivity, and reliability," said Stephanus Tumbelaka, Managing Director of Indonesia, Princeton Digital Group. About PDGPrinceton Digital Group (PDG) is a leading developer and operator of Internet infrastructure. Headquartered in Singapore with presence and operations in China, Singapore, India, Indonesia, and Japan, its portfolio of data centers powers the expansion of hyperscalers and enterprises in the fastest-growing digital economies across Asia. For more information, visit www.princetondg.com or follow us on LinkedIn.About APJIIThe Association of Indonesian Internet Service Providers, known as APJII, was formed at the First National Conference in Jakarta on May 15, 1996. APJII is a well-known association that supports Internet development in Indonesia. As the association that is the organization of internet service providers, APJII is also the "operator" of the Indonesia Internet Exchange (IIX). APJII is a society-based organization that regulates IIX on a non-profit basis to support an efficient interconnection amongst internet service providers who hold internet service operating licenses in Indonesia. The presence of IIX, which APJII owns and manages, has effectively increased the speed of internet access for the people of Indonesia.Media ContactsPrinceton Digital GroupGrace ChenPR@princetondg.comPRecious Communications for Princeton Digital GroupPDG@preciouscomms.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Brawijaya Student Start-up makes Forbes 30 Under 30 List

Malang, East Java, Indonesia, Apr 4, 2022 - (ACN Newswire via SEAPRWire.com) - An agricultural start-up initiated by three students from Malang's Brawijaya University whose app, Chickin, has been downloaded by a thousand farmers across Indonesia, has made the Forbes 30 Under 30 list. According to the founders, the application uses Internet of Things (IoT) and artificial intelligence (AI) to enhance the productivity of farmers by up to 25 percent.Universitas Brawijaya (UB) in Malang, East Java, Indonesia (ANTARA/ HO/ Universitas Brawijaya)Chickin, hatched at UB/U.Brawijaya by founders Ashab, Tubagus and Ahmad (Chicken.ID Website / Malang, Indonesia)The app was developed by agrotechnology student Ashab Alkahfi, who is serving as the President of Chickin, Tubagus Syailendra from international relations, who is serving as CEO/Chief Executive Officer, and Ahmad Syaifullah from information systems, serving as the CTO/Chief Technology Officer."Based on initial research, we developed the app in Klaten, Central Java. We built poultry coops as farmers and began our poultry business where we found a number of challenges faced by local farmers. From there, we tried to solve these challenges by means of technology," Alkahfi explained.The application allows farmers to control the micro-climate inside chicken coops from a distance. Through the technology, farmers can input data, including daily, sales, and production data, to enhance performance and make it more measurable and at the same time, minimize risks through preventive measures.The app also offers a number of features for management of the poultry farm, including data and IoT configuration adaptable to climate, temperature and humidity, as well as recording the age of each poultry. Aside from partnering with 14 poultry farms, Chickin has established cooperation with 100 poultry suppliers in the food industry.Alkahfi said he hopes the app will bring ease to farmers and have a positive impact on them, adding that the farming modernization technology was developed free of charge under Brawijaya University's Entrepreneur Incubator.Chickin has seen 22-fold growth in the last 10 months and closed a funding round of Rp35 billion with three global investors. The company is targeting to increase revenue to Rp500 billion by the end of 2022.So far, Chickin Indonesia is not only assiting one thousand farmers across the nation, but the company is committed to developing the technology to minimize the use of antibiotics for organic chicken through coop micro-climate control and providing training to poultry farmers free of charge to modernize Indonesian poultry farms.For more information, Chickin Indonesia is online at https://chickin.id/.Written by: Aria Cindyara, Editor: Rahmad Nasution (c) ANTARA 2022 Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Mitsubishi Power Presents Proposal on Biomass Co-firing Adoption in Indonesia

TOKYO, Mar 30, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), has presented a policy proposal to the Government of Indonesia to promote the adoption of biomass co-firing at the country's thermal power plants. The proposal is a result of deliberations conducted since a memorandum of understanding (MOU) was concluded by an industry-academia collaborative team in September 2020. The team includes Mitsubishi Power, Indonesia's state-owned electricity provider PT. PLN (Persero), two of its subsidiaries (PT. Indonesia Power and PT. Pembangkitan Jawa-Bali), and Institut Teknologi Bandung (ITB).(Note)Cover of the proposal reportThe Indonesian Government is currently implementing an energy policy that aims to raise the proportion of renewable energy in the nation's energy mix to 23% by 2025, as part of its goal to reach carbon neutrality by 2060. In support of this policy, the presented proposal states that promoting biomass co-firing in Indonesia, where thermal power accounts for a high percentage of the country's power generation mix, is an optimal short-term option for realizing the nation's goals. The proposal elaborates on the initiatives needed and the challenges that need to be addressed in promoting the adoption of biomass co-firing.In formulating the proposal, the five signatories of the MOU collaborated in selecting the appropriate biomass fuel components, determining the scope of requisite facility renovation and conducting economic evaluations. The proposal integrates PLN Group's expertise in operating numerous thermal power plants in Indonesia and Mitsubishi Power's biomass co-firing technologies, and reflects local policy analysis and biomass fuel market research conducted in Indonesia under ITB's leadership.Kazuki Ishikura, President of PT. Mitsubishi Power Indonesia said: "Indonesia's clean energy goals will require a systematic exploration of various energy sources. Biomass is a low-carbon and renewable fuel source. As a valued renewable resource in Indonesia, it can potentially power the country's energy transition in the near term."Commenting on the policy proposal, he added that: "Mitsubishi Power is honored to be collaborating with PLN Group and ITB on this policy proposal as we explore innovative decarbonization solutions that can support Indonesia in realizing a more sustainable and secure energy future."The fuel components of wood pellets and a potential biomass fuel, which are abundantly available and stably procurable at low cost in Indonesia, were proposed in this plan. In addition to stable procurement potential, the fuel components were also proposed based on suitability for use in existing facilities and economic considerations. A supply chain study was also undertaken.As candidates for facility renovations, two existing plants were considered: Paiton Power Plant Unit 1 in eastern Java, and Suralaya Power Plant Unit 2 in western Java. The policy proposal to promote the use of biomass co-firing in Indonesia was presented after studies were conducted on both facilities.Based on the presented proposal, Mitsubishi Power will conduct grindability and combustibility testing at MHI's Research & Innovation Center (Nagasaki) on a biomass fuel deemed promising in terms of latent volume and composition. Mitsubishi Power will continue to support the adoption of biomass co-firing while ensuring the sustainable use of Indonesia's abundant forest resources and excess agricultural residues. Going forward, Mitsubishi Power will continue working closely with the governments of Indonesia and Japan, PLN Group and ITB to support Indonesia in achieving its decarbonization goals.When the MOU was concluded, Mitsubishi Heavy Industries (MHI) was represented by Mitsubishi Power, Ltd. Accordingly, Mitsubishi Power is also participating in submission of the policy proposal. For details concerning the MOU signed in October 2020, see: https://power.mhi.com/news/20201015.htmlAbout MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, logistics & infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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Mitsubishi Motors Krama Yudha Sales Indonesia Signs MoU with Pos Indonesia, Haleoya Power, Gojek and DHL Supply Chain Indonesia to Do a Pilot Study on Commercial Usage of Electric Vehicles

TOKYO, Mar 15, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Motors Corporation announced that PT Mitsubishi Motors Krama Yudha Sales Indonesia (MMKSI) signed a Memorandum of Understanding (MoU) with four companies in Indonesia to conduct a pilot study on commercial usage of a kei-car(1) class electric commercial vehicle (EV), Minicab-MiEV, a model currently marketed in Japan.Minicab-MiEV to be provided to the four companies Under the MoU terms, MMKSI will provide the Minicab-MiEV to the four companies - PT Pos Indonesia, PT Haleyora Power, Gojek and DHL Supply Chain Indonesia-for six months(2) for research and utilization in their logistics operations in Jabodetabek area. This study aims to understand and explore commercial EV applications, by verifying actual usage data, including mileage, charge history and delivery routes. "We highly appreciate our leading company partners, PT Pos Indonesia, PT Haleyora Power, Gojek and DHL Supply Chain Indonesia, as well as the Government of Indonesia who enthusiastically supported this joint study," said Naoya Nakamura, president director PT MMKSI. "Through this study, we hope to explore broader use of Mitsubishi Motors' electric commercial vehicles in Indonesia." (1) Kei-car is a vehicle category in Japan for microcars.(2) Gojek will utilize Minicab-MiEV for joint study for more than six months. About Mitsubishi MotorsMitsubishi Motors Corporation (TSE:7211), MMC--a member of the Alliance with Renault and Nissan--, is a global automobile company based in Tokyo, Japan, which has more than 30,000 employees and a global footprint with production facilities in Japan, Thailand, Indonesia, mainland China, the Philippines, Viet Nam and Russia. MMC has a competitive edge in SUVs, pickup trucks and plug-in hybrid electric vehicles, and appeals to ambitious drivers willing to challenge convention and embrace innovation. Since the production of our first vehicle more than a century ago, MMC has been a leader in electrification--launched the i-MiEV -- the world's first mass-produced electric vehicle in 2009, followed by the Outlander PHEV --the world's first plug-in hybrid electric SUV in 2013. MMC announced a three-year business plan in July 2020 to introduce more competitive and cutting-edge models, including the Eclipse Cross (PHEV model), the all-new Outlander and the all-new Triton/L200.For more information on MMC, please visit the company's website athttps://www.mitsubishi-motors.com/en/ Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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Eradicating corruption within SOEs

JAKARTA, Feb 28, 2022 - (ACN Newswire via SEAPRWire.com) - In October 2021, former Garuda Indonesia commissioner Peter Ghonta took the lid off various problems brewing in the company.State-Owned Enterprises (SOEs) Minister Erick Thohir (L) meets Attorney General Sanitiar Burhanuddin (R) to file report on the Garuda Indonesia case at the Attorney General's office, Jakarta, Tuesday, January 11, 2022. (ANTARA/HO-Ministry of Energy and Mineral Resources/pri)Gontha urged the State-Owned Enterprises (SOEs) Ministry to dismantle past cases of alleged corruption in the company related to aircraft leasing.He cited issues related to powerful groups in the company and the price difference between Boeing 777-300ER aircraft rental and CRJ1000 aircraft purchase.Ghonta spoke of having reported the problems to several institutions ranging from the director-general of the Ministry of Law and Human Rights to the chairman of the Corruption Eradication Commission (KPK).State-Owned Enterprises (SOEs) Minister Erick Thohir then filed a report on an alleged graft case in the financially beleaguered state-owned airline PT Garuda Indonesia (Persero) to the Attorney General's Office.The report outlines the government's plan to restructure Garuda Indonesia as well as provides evidence regarding the procurement of ATR 72-600 aircraft.We provide evidence from the investigative audit, so it is not an accusation, he asserted.For the past two years, Garuda Indonesia had faced a financial storm due to past mismanagement that caused the company's debt to swell to more than Rp140 trillion, Thohir remarked.Meanwhile, Thohir noted that the Garuda Indonesia case was not just about an aircraft but pertaining to an ecosystem.He encouraged the Garuda Indonesia case to be resolved, as it was impossible to buy or rent an aircraft without a business plan and without calculating flight routes.In the absence of such a calculation, Garuda ultimately paid the aircraft rental fee of up to 28 percent to the lessor as compared to only eight percent to other airlines' aircraft lessors."Hence, there is a system and there is a solution, so that in the future, Garuda will not repeat similar cases again since due to no management, the loss will also affect the people, in the form of expensive tickets," he pointed out.In addition, the SOEs Ministry has taken steps to restructure and salvage the state-owned airline.The ministry will focus on transforming the airline to make it more accountable, professional, and transparent.More than 470 creditors have submitted claims of up to US$13.8 billion, or equivalent to Rp198 trillion, to Garuda Indonesia as of January 5, 2022, as part of a debt recast.The figure has been cited by Garuda Indonesia's Suspension Debt Payment Obligation (PKPU) team, Thohir remarked.After the verification is completed, the PKPU team will take a decision on January 19, 2022, regarding the amount considered to be valid and can be included in the restructuring process, he remarked.The Garuda management had earlier submitted a proposal to reduce its liabilities by more than 60 percent, from US$9.8 billion to US$3.7 billion through restructuring.The proposal aimed to help the company survive amid the COVID-19 pandemic that has protracted for two years.Save GarudaCommission VI of the Indonesian House of Representatives formed a working committee to rescue national carrier Garuda Indonesia."In principle, the Committee for Rescuing Garuda is a follow-up to the three work meetings undertaken by Commission VI with the SOEs minister, deputy ministers, and the Garuda Indonesia Board of Directors," Head of the Committee for Rescuing Garuda Martin Manurung stated.Manurung explained that the working committee will work not only to look for management issues within the state-owned airline but also to explore options offered by the government.The deputy chairman of Commission VI stated that the formation of the working committee was also a form of political support for Commission VI of the Indonesian House of Representatives for Garuda Indonesia to stay afloat."We want Garuda Indonesia, as a national flag carrier, to be able to stay in the air, to be able to fly, as an airline of national pride," Manurung noted.Meanwhile, State-Owned Enterprises Minister Erick Thohir expressed support for the establishment of a working committee by Commission VI of the House of Representatives (DPR RI) to rescue and reform national carrier Garuda Indonesia.Establishment of the working committee is proof of DPR RI's concrete support and commitment to monitoring the state-owned airline's rejuvenation process, the minister noted.The political support that the legislature has exhibited would be key to rescuing the flag carrier, the minister noted while adding that his ministry is committed to cooperating with the parliament's working committee for seeking solutions to remedy issues that have plagued the national airline.The ministry will also inform the working committee, which will monitor the airline's restructuring and reform progress, about Garuda Indonesia's future business and reform plan, he added.The State-Owned Enterprises Ministry cannot rescue the airline alone, and we need to collaborate with relevant stakeholders, including DPR RI's Commission VI, in mending Garuda Indonesia, Thohir remarked.Transforming Garuda Indonesia is a must to ensure the flag carrier survives amid the economic uncertainty posed by the COVID-19 pandemic and to ascertain that it records positive performance after the pandemic, he noted.The ministry has also collaborated with the Attorney General's Office to investigate allegations of corruption by the airline management in the past, the state firm minister remarked.Thorough reforms in the law enforcement and business aspects are expected to bolster Garuda Indonesia's performance to become more accountable, professional, and transparent in the future, Thohir affirmed.Jiwasraya, Pension FundEfforts to eradicate corruption by the minister are also being made in the insurance business sector.Thohir revealed that the completion of Jiwasraya's mega scandal case provided a solution for the aggrieved parties."However, what distinguishes us from other corruption cases is that the Jiwasraya case has a solution for those who were harmed. It is not a pending case for which there is no explanation. Those who were harmed will be recompensated for their losses," Thohir stated.The minister drew attention to no solution being found to this day in several cases of corruption in pension funds and insurance. No refund was offered to the cheated parties.For instance, the case of illegal online loans where no perpetrators or masterminds had yet been revealed and no refund was provided to the victims and deceived parties.Thohir affirmed that the collaboration was necessary to solve the Jiwasraya case.President Joko Widodo gave directions that the Jiwasraya case should be solved immediately.After looking at the facts and evidence, an audit investigation from the Development Finance Comptroller (BPKP) and a report from the Supreme Audit Agency (BPK), the Ministry of SOEs officially reported the Jiwasraya case to the Attorney General's Office."The Ministry of SOEs does not want to become trapped in legal problems, and it focuses on corporate issues," the minister stated.In addition, Thohir will fix pension funds in state-owned enterprises comprehensively this year.The pension fund has become a breeding ground for corruption, with the pensioners' bills not being paid in the end, he pointed out.To this end, the minister of SOEs urged Commission VI of the Indonesian House of Representatives to jointly conduct a focus group discussion on exposure regarding pension funds."We are ready, but we cannot clean it up right away, as there is a binding law. Hence, the Ministry of SOEs cannot intervene," Thohir noted.Meanwhile, he remarked that comprehensive improvement in pension funds in the state firm became one of the SOE Ministry's programs in 2022.The existence of state-owned companies aims to provide the greatest profits to the state.Thereafter, the profits will be channeled back through various programs for the people, starting from infrastructure development to welfare improvement, and others.There is no place for corruption within SOEs.The accountability, transparency, and anti-graft approaches must continue to be implemented to build prosperous SOEs.(c) ANTARA 2022. Reporter: Azis Kurmala; Editor: Sri HaryatiANTARA/HO-Ministry of Energy and Mineral Resources/pri Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Fintech and Crypto Growing Well in Indonesia

JAKARTA, Indonesia, February 23, 2022 - (SEAPRWire) - Fintech and crypto are growing well in Indonesia, the largest country in South East Asia. Currently, there are hundreds of startups that are developing it. Fintech in Indonesia will grow above 80% in 2021. The contribution of fintech to gross domestic product (GDP) reaches 60%. There are several among all the superior fintech categories, namely, P2P Lending, Payment Gateways and blockchain/cryptocurrency. "Financial technology companies are the pillars of the current era. In fact, fintech is also able to lift the economy and prosper the Indonesian people during a pandemic, when people lose their jobs," said Gemal A.N. Head of Editor, Survey and Research Duniafintech.com. Panggabean. One of the sectors with the most interest is P2P. The accumulated distribution of P2P loans until December 2021 reached IDR 295.85 trillion, up 89.7 percent yoy. There are 103 P2P lending fintech startups operating in Indonesia legally. Payment Gateway also helps the Indonesian people directly. The pandemic prohibits people from touching and makes a trend for Indonesians to no longer hold cash. Gemal said, about 20% of Indonesians have made digital payments. "Before the pandemic, it was probably still below 10%." This also makes payment gateway startups thrive. Last year, Xendit became a Unicorn, following the largest digital payment in Indonesia, OVO. In addition, from the blockchain side, currently, there are several new crypto developers who are attracting the attention of Indonesia. The ASIX token belonging to a famous Indonesian singer Anang Hermansyah also garnered a lot of attention. In fact, ASIX is ready to take the floor on the largest crypto exchange in Southeast Asia, Indodax which has 5 million members. Indodax recorded a 104% increase in the number of members for one year. The Indonesian government also fully supports fintech. Indonesia is also currently legalizing regulations on trading robots. Because many trading robot startups are already operating in Indonesia, especially working for crypto platforms. "Indonesians love crypto because of the high ups and downs of prices." However, Indonesia still needs education to consume digital investment products and fintech. The current government is still conducting financial literacy with related parties. Indonesians still believe in illegal financial products that promise instant wealth. "Indonesian people in general can still be wooed with financial products that promise instant wealth. They don't care about being illegal," he said. In addition to financial literacy and education, Indonesia still needs firm action and comprehensive rules to eradicate illegal investment and illegal fintech. All stakeholders continue to fight fintech practices and illegal investments and expect the government to continue to take action.   The article is provided by a third-party content provider. SEAPRWIRE makes no warranties or representations in connection therewith. Any questions, please contact cs@SEAPRWIRE.com Sectors: Top Story, Daily News SEAPRWIRE (www.seaprwire.com) offers newswire service in Southeast Asia (Indonesia, Thailand, Vietnam, Singapore, Malaysia, Philippines & Hong Kong )

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Fintech and Crypto Growing Well in Indonesia

JAKARTA, Indonesia, February 23, 2022 – (SEAPRWire) – Fintech and crypto are growing well in Indonesia, the largest country in South East Asia. Currently, there are hundreds of startups that are developing it. Fintech in Indonesia will grow above 80% in 2021. Gemal Panggabean, Head of Editor, Survey and Research Duniafintech.com The contribution of fintech to gross domestic product (GDP) reaches 60%. There are several among all the superior fintech categories, namely, P2P Lending, Payment Gateways and blockchain/cryptocurrency. “Financial technology companies are the pillars of the current era. In fact, fintech is also able to lift the economy and prosper the Indonesian people during a pandemic, when people lose their jobs,” said Gemal A.N. Head of Editor, Survey and Research Duniafintech.com. Panggabean. One of the sectors with the most interest is P2P. The accumulated distribution of P2P loans until December 2021 reached IDR 295.85 trillion, up 89.7 percent yoy. There are 103 P2P lending fintech startups operating in Indonesia legally. Payment Gateway also helps the Indonesian people directly. The pandemic prohibits people from touching and makes a trend for Indonesians to no longer hold cash. Gemal said, about 20% of Indonesians have made digital payments. “Before the pandemic, it was probably still below 10%.” This also makes payment gateway startups thrive. Last year, Xendit became a Unicorn, following the largest digital payment in Indonesia, OVO. In addition, from the blockchain side, currently, there are several new crypto developers who are attracting the attention of Indonesia. The ASIX token belonging to a famous Indonesian singer Anang Hermansyah also garnered a lot of attention. In fact, ASIX is ready to take the floor on the largest crypto exchange in Southeast Asia, Indodax which has 5 million members. Indodax recorded a 104% increase in the number of members for one year. The Indonesian government also fully supports fintech. Indonesia is also currently legalizing regulations on trading robots. Because many trading robot startups are already operating in Indonesia, especially working for crypto platforms. “Indonesians love crypto because of the high ups and downs of prices.” However, Indonesia still needs education to consume digital investment products and fintech. The current government is still conducting financial literacy with related parties. Indonesians still believe in illegal financial products that promise instant wealth. “Indonesian people in general can still be wooed with financial products that promise instant wealth. They don’t care about being illegal,” he said. In addition to financial literacy and education, Indonesia still needs firm action and comprehensive rules to eradicate illegal investment and illegal fintech. All stakeholders continue to fight fintech practices and illegal investments and expect the government to continue to take action. The article is provided by a third-party content provider. SEAPRWIRE makes no warranties or representations in connection therewith. Any questions, please contact cs@SEAPRWIRE.com Sectors: Top Story, Daily News SEAPRWIRE (www.seaprwire.com) offers newswire service in Southeast Asia (Indonesia, Thailand, Vietnam, Singapore, Malaysia, Philippines & Hong Kong )

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DBS, Olam International and Marriott Vacations Club share top honours as Kincentric Best Employers in Indonesia for 2021

Jakarta, Indonesia, Feb 10, 2022 - (ACN Newswire via SEAPRWire.com) - DBS, Olam International and Marriott Vacations Club Worldwide have emerged as Indonesia's Best Employers in 2021, according to Kincentric's premium assessment that identifies organisations who demonstrated outstanding people practices and workplace excellence.DBS has earned the honours for the third consecutive year, Marriott Vacations Club for the second time in the last three years, while Olam International is a first-time winner. These companies are leading the way by creating engaging environments fostering organisational agility while building engaging leaders.Companies were evaluated against four research-based elements that are key to accelerating success: Employee Engagement, Organisational Agility, Talent Focus and Engaging Leadership. Kincentric Best Employers in Indonesia were found to be excelling in those areas. Success Factors According to Kincentric's insights, Top Quartile companies are 20% points stronger on Agility scores, and 14% points more committed on Engaging Leadership as compared to their peers. This clearly demonstrates the importance of keeping people at the centre of all business decisions. In his congratulatory remarks to the Best Employers in Indonesia, Andrew How - Market Leader for Kincentric in Indonesia & Singapore, said, "The pandemic has significantly changed the nature of work and employee expectations at the workplace. It has brought about a fundamental shift in the way companies and their HR functions operate, accelerating the need for an adaptable and agile workforce to bolster business success. Kincentric Best Employers have consistently risen to these challenges and provided a first-class employee experience to their people along the way. It is this laser sharp focus on people that enables Kincentric Best Employers to be able to meet the ever-changing nature of work and evolving employees' aspirations."Trends from the 2021 Assessment:- Confidence level among employees at the Top Quartile companies is significantly high as compared to their peers. These companies are 17% points better when it comes to investing in new ideas for future success, 13% points above on customer responsiveness and as well as having a work environment that is diverse and inclusive. - On the personal development front, employees working in the Top Quartile organisations rated them higher by 14% points in supporting their career & development goals and 16% points ahead in terms of managing their strengths and improvement areas.- Leadership among the Top Quartile companies is also rated to be highly engaging by their employees with Senior Leadership being rated more than 10% points above in recognising efforts and results, and in being able to provide clear direction about the future as well as in owning responsibility for solutions. Commenting on their third consecutive year of recognition, Aries NP Sunu, Country Head of HR, PT Bank DBS Indonesia said, "Being recognised as Kincentric's Best Employer for three consecutive years is indeed another testament to the continuous effort at DBS Indonesia in constantly improving our employee journey and experience. This award serves as a continuous reminder that we need to consistently improve our performance, working culture, and engagement for our people to be the best, be the change, and be the difference."Dedev Parulian, Head of HR, Olam Indonesia, PNG, and Timor said, "It is a proud moment being assessed among Indonesia's Best Employers. Olam Indonesia has put in great efforts to create the best working place and environment for our employees, especially in terms of building People Capabilities and Fostering High-Performance Culture. These HR best practices have also enabled us to build and maintain a high level of Employee Engagement."Kincentric's global research has shown that given the present challenges around talent retention, employees who do not see good career opportunities or agree with their organisation's response to their well-being are four times more likely to leave. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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