Indonesia encourages ASEAN-EU partnership conducted based on equality

JAKARTA, Dec 18, 2022 – (ACN Newswire) – Indonesian President Joko Widodo attended the 45th ASEAN-European Union (EU) Commemorative Summit held in Brussels, Belgium on Wednesday (December 14).

In his remarks at the Summit, President Jokowi stressed that the partnership between ASEAN and the European Union countries must be based on equality and there should be no coercion. "If we want to build a better partnership, that partnership must be based on equality and without coercion. There can no longer be parties who always dictate and think that their standard is better than others," he stated. Jokowi said that the 45 years of ASEAN and the European Union partnership had produced some good results.

However, he also acknowledged that not all partnerships can always be good so that some differences must be resolved to create a good one. Therefore, Jokowi asked member countries of the European Union to be able to partner in equality with ASEAN countries.

President Widodo had encouraged that the good relation and economic cooperation between the two regional organizations and all countries in the two regions must continue to be strengthened.

Earlier, he also stated that Indonesia has always encouraged closer cooperation between ASEAN and the EU, who has been an important trading partner of ASEAN. "The trade value between ASEAN and the European Union in 2021 reached US$268.9 billion. The value is the third largest after China and the United States," he said.

Apart from trade, Jokowi also mentioned that the European Union also plays an important role in foreign direct investment in ASEAN region, with an investment value of up to US$26 billion in 2021, which is the second largest investment after China. Vice versa, ASEAN is an increasingly important partner for the EU given the region's steady economic growth.

For decades, ASEAN has become an economic powerhouse that offers mutually beneficial cooperation since it has the productivity advantage from each country in the region. "All projections say that Southeast Asia will remain a center of growth. Thus, the partnership with ASEAN will certainly be profitable," Jokowi pointed out.

In fact, the International Monetary Fund (IMF) estimates that the ASEAN region's economy will remain stable with growth reaching 4.3 percent amid the possibility of a multidimensional crisis at the global level in 2023.

Such an estimation is also reflected on the theme that Indonesia will carry out during its chairmanship in ASEAN next year — "ASEAN Matters: Epicentrum of Growth", with three priority agendas, namely recovery-rebuilding, digital transformation, and sustainability.

Based on survey from the EU-ASEAN Business Council, some 63 percent of respondents view ASEAN as the region with the best economic opportunities. Meanwhile, 69 percent of respondents expect the ASEAN market to become more important in terms of global revenue in the next two years. Moreover, some 97 percent of respondents expressed hope that negotiation of the ASEAN-EU free trade agreement (FTA) will be accelerated and make good progress to be concluded.

Therefore, regarding the ASEAN-EU long standing relationship, President Jokowi urged all countries in the two regions to build an equal and mutually beneficial partnership in order to recover from the pandemic and the multidimensional crisis that both are currently facing. "We learned an important lesson… that to grow and to prosper together is the only option. We don't only have to move forward together, but we also have to move forward equally. Let us have a better future together," Jokowi concluded.

Written by: Yuni Arisandy Sinaga, Editor: Fardah Assegaf (c) ANTARA 2022

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Indonesian Criminal Code won’t harm investment

JAKARTA, Dec 12, 2022 – (ACN Newswire) – The dissemination team spokesperson of the Draft Law on Criminal Code (RKUHP) Albert Aries clarified the fundamentally misleading news related to the adultery article, which is considered to harm Indonesia's tourism and investment sectors.

"The adultery article in the new Criminal Code that takes effect three years after its stipulation is an absolute criminal complaint. This means that only the husband or wife (for those bound by marriage) or the parents or children (for those not bound by marriage) can make a complaint. No one else can report or take the law into their own hands. There will be no legal process without a complaint from the entitled and directly harmed parties," Aries said in his statement on Thursday (Dec 8).

The articles of the Criminal Code that have recently attracted the attention of foreign tourists, including investors, are Article 411 concerning adultery, Article 412 concerning live-in relationships, and Article 424 concerning drinks and intoxicants.

Minister of Tourism and Creative Economy, Sandiaga Uno, has said he believes the newly passed Criminal Code (KUHP), specifically its provisions on live-in relationships, will not affect tourism and creative economy investment in Indonesia. "I am very confident that we can get US$68 billion (in foreign investment), and we can create 2 million jobs in this sector. But, of course, we need support," he informed here on Saturday (Dec 10).

According to Uno, investors need legal opinion before investing in Indonesia. The legal opinion must give confidence in safe. Uno added that the ministry will still need support and assistance in terms of legal certainty to convince investors to invest.

Upholds Human Rights

Aries also stated that it is not true that Indonesia's Criminal Code is not following human rights. "We certainly respect United Nations (UN) concern on equality, privacy, religious liberty, and journalism issues. On that basis, the criminal code regulates all of them by paying attention to the balance between human rights and human obligations," Aries said.

The reason is that the legal politics contained in the Criminal Code are aimed at respecting and upholding human rights based on the ideals of Pancasila (the Five Principles), BhinnekaTunggal Ika (Unity in Diversity), the Unitary State of the Republic of Indonesia, and the 1945 Constitution.

He underlined that the Criminal Code does not discriminate against women, children, and other minority groups, as well as the press.

One example is the adoption of Article 6 letter d of Law Number 40 of 1999 on the Press into the Elucidation of Article 218 of the Criminal Code so that criticism is not punished because it is a form of supervision, correction, and advice on matters relating to the public interests.

According to Aries, it is also incorrect to say the Criminal Code legitimizes negative social attitudes towards adherents of minority beliefs. "The regulation of criminal acts against religion and belief in the Criminal Code has been reformulated by taking into account the International Covenant on Civil and Political Rights (ICCPR), as inputs from the civil society," he said.

Previously, the Indonesian House of Representatives (DPR RI) passed the Draft Law on Criminal Code into law in a plenary meeting chaired by the Indonesian House of Representatives Deputy Speaker Sufmi Dasco Ahmad on Tuesday (Dec 6).

In the formulation of the Criminal Code, meaningful participation as the fulfillment of civil societies' rights to be heard, explained, and consideration has been given as much as possible.

–Antara

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Indonesia highlights the need for democracy to face challenges at the 15th Bali Democracy Forum

BALI, INDONESIA, Dec 9, 2022 – (ACN Newswire) – Minister of Foreign Affairs of the Republic of Indonesia, RetnoMarsudi, said that democracy is considered to be able to help not only Indonesia but also the world leaders, in facing the challenges in the coming year.

Democratic leadership is urgently needed from leaders around the world to direct sustainable recovery by reaching out to the people most affected by the pandemic and other crises caused by geopolitical turmoil, Marsudi stated at the 15th Bali Democracy Forum (BDF) meeting in Nusa Dua, Bali, Thursday (Dec 8).

Marsudi officially opened the meeting, which was attended by 323 participants from 112 countries and five international organizations, with 52 of them attending virtually. "With democracy, freedom of expression and conveying aspirations is also guaranteed, and space for effective dialogue and decision-making is also possible because of checks and balances," Marsudi said.

While citing data from the Central Statistics Agency (BPS) that show 4.15 million productive workers are still affected by the COVID-19 pandemic, she emphasized that the principle of solidarity is very much needed in promoting an inclusive recovery. In this recovery effort, she emphasized that no party should be left behind. Democracy is the choice of the Indonesian people and has proven to play an important role in advancing peace, stability, and prosperity.

Additionally, the Secretary General of the United Nations, Antonio Guterres, acknowledged that democracy is currently experiencing a setback. Therefore, democracy needs to be defended and strengthened. "In a time of turmoil, tension, and chaos, divisions are widening, and people are hurting, democracy is declining, and civil society is shrinking," he said. Hence, the world community is obliged to act by defending and strengthening democracy.

He highlighted the importance of promoting the rule of law and the universal nature of all types of basic human rights, including economic, social, political, civil and cultural aspects. Therefore, it is necessary to uphold the democratic principles of inclusivity and dialogue because they are the foundation of a renewed social contract and the key to lasting peace, as well as stability and sustainable development.

Meanwhile, global solidarity is also needed to ensure that all people, wherever they are, can have the necessary resources and support to invest in society and their future, he added.

Minister Marsudi again said in her speech that democracy is not a goal, but a way to achieve a goal. "Then, the future of democracy will really depend on us, whether we will continue to support or give up on democracy," she said. Minister then emphasized that Indonesia is sticking to efforts to maintain the spirit of democracy and strengthen the foundations of democracy.

The Bali Democracy Forum is a cross-country forum in the Asia Pacific region that emphasizes democracy issues. The BDF 2022 has the theme 'Democracy in a Changing World: Leadership and Solidarity'. This theme underscores the importance of leadership and solidarity as part of the pillars of democracy in the midst of world turmoil due to geopolitical and economic crises. Since it was first held in 2008 until now, BDF has presented many diplomatic representatives from countries as well as experts.

–Antara

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

GHY and Curtin University Sign MOU to Jointly Shape the Next Generation of Media & Film Talents in the Region

Singapore, Dec 8, 2022 – (ACN Newswire) – G.H.Y Culture & Media Holding Co., Limited ("GHY", and together with its subsidiaries and its PRC Affiliated Entities, the "Group"), a leading diversified group in Asia's media and entertainment industry, is pleased to announce that G.H.Y Culture & Media (Singapore) Pte. Ltd., a subsidiary of GHY, has signed a non-binding memorandum of understanding ("MOU") with a world-renowned education establishment, Curtin University, for an academic collaboration in higher education programs in Asia related to media and film studies.

Under the MOU, both parties have agreed to (i) discuss opportunities for education-industry collaboration and work- integrated learning programs, (ii) explore development of a global major and cross-campus industry-integrated learning programs, (iii) exchange information relating to activities in fields of mutual interest and (iv) provide the students of Curtin with mobility opportunities.

Curtin University is an innovative, global university known for its high-impact research, strong industry partnerships and commitment to preparing students for jobs of the future. Curtin University is one of the top universities worldwide and it has campuses in Western Australia, Singapore, Malaysia, Dubai and Mauritius.

Since its establishment, GHY has placed a strong emphasis on identifying, nurturing and promoting talent in the media and film industry across Southeast Asia. While providing access and valuable exposure of its end-to-end production capabilities, GHY has also initiated various tie-ups with industry leaders and education institutions to provide more opportunities for aspiring talents to directly learn from industry professionals and gain practical experience in this niche industry.

In addition, the Group has been expanding its portfolio of entertainment content and products, with diversification into new growth adjacencies such as musicals and its first-ever immersive live action game based on GHY's "Strange Tales of Tang Dynasty" drama series.

Supported by a robust balance sheet with a net working capital of approximately S$130.1 million as at 30 June 2022, the Group is well-positioned to capture organic and inorganic growth initiatives, to capture the recovery and to bring sustainable long-term returns to shareholders.

Mr. Guo Jingyu, Executive Chairman and Group CEO, said, "New media consumers in Asia are dominated by younger demographics and the method of their media consumption is shifting from the big screen to their mobile phones with various forms of personalisation.

To better prepare and equip students for the future trends in the media and film industry, both GHY and Curtin University share a common vision to provide a structured higher-learning platform so as to develop Asia's talent pool and technology in the media and film industry to become one of the best in the world.

With GHY's strong in-house production capabilities and established industry network, there will be more opportunities for industry exchanges and on-the-job training programs for students under this academic collaboration.

For GHY, this is part of our initiatives to have an increasingly regional relationship and impact, strengthening our linkages with Asia through education and technology that are interconnected with our diversified business model within Asia's media and entertainment industry."

Professor Richard Blythe, Pro Vice-Chancellor, Faculty of Humanities, Curtin University, said, "The MOU would offer new opportunities for students to gain invaluable real-world experience. This exciting new industry-education collaboration will bring together Curtin's long-standing and successful screen arts expertise with GHY's strong in- house production skills and clear industry connections."

Professor Blythe added, "We are delighted to be working with GHY Culture and Media to help develop and foster the next generation of media and film industry stars across Asia."

About G.H.Y Culture & Media Holding Co. Ltd. (SGX: XJB; Bloomberg: GHY:SP)

Listed on the Mainboard of the Singapore Exchange, G.H.Y Culture & Media Holding Co., Limited ("GHY" or the "Group") is a leading diversified group within Asia's media and entertainment industry. GHY has produced several dramas and films in the People's Republic of China ("PRC"), Singapore and Malaysia that have been broadcasted and/or distributed on major TV networks and leading video streaming platforms in the PRC. The Group has also undertaken the production of concerts for well-known international artistes in Singapore, with upcoming concerts to be held in Singapore, Malaysia and Australia.

GHY has strong in-house production teams, with scriptwriters, directors and producers who have been involved in various notable dramas and films. The production teams have consistently produced quality dramas and films and the Group also possesses expertise and capabilities across the business value chain.

Currently headquartered in Singapore and the PRC with over 170 employees, the Group also engages in concert production, talent management services, and costumes, props and make-up services.

For more information, please visit https://ghyculturemedia.com/

About Curtin University

Curtin University is Western Australia's largest university, with close to 60,000 students. In addition to the University's main campus in Perth, Curtin also has a major regional campus in Kalgoorlie, and a campus in Midland, as well as four global campuses in Malaysia, Singapore, Dubai and Mauritius. Curtin staff and students come from Australia and over 120 other countries around the world, with half its international students studying at Curtin's offshore campuses.

Curtin is ranked between 9th to 18th in Australia according to the Academic Ranking of World Universities (ARWU) 2022 and has achieved a QS Five Stars Plus rating, the highest available for a tertiary institution, and one of only eight to do so in Australia.

The University has built a reputation around innovation and an entrepreneurial spirit, being at the forefront of many high-profile research projects in astronomy, biosciences, economics, mining and information technology. It is also recognised globally for its strong connections with the industry, and for its commitment to preparing students for the jobs of the future.

For further information, visit curtin.edu.au.

This press release should be read in conjunction with the announcement uploaded on SGXNet on 8 December 2022.

DBS Bank Ltd. and UOB Kay Hian Private Limited are the joint issue managers and global coordinators (the "Joint Issue Managers and Global Coordinators") for the initial public offering of shares in, and listing of, G.H.Y Culture & Media Holding Co., Limited on the Main Board of the Singapore Exchange Securities Trading Limited. The Joint Issue Managers and Global Coordinators assume no responsibility for the contents of this announcement.

For media and analysts' queries, please contact: 8PR ASIA Pte Ltd
Alex Tan
T: +65 9451 5252
E: alex.tan@8prasia.com

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Sri Trang introduces new Super Driver jobs for traditional natural rubber planters

BANGKOK, Dec 6, 2022 – (ACN Newswire) – Sri Trang Agro-Industry Plc. (SET: STA), the world's leading fully integrated natural rubber company, has opened registration for "Super Drivers" to create extra income for rubber planters from a secondary career as rubber transporters, building a rubber delivery network from plantations to factories in the Sri Trang Group. This will connect stakeholders in the rubber industry ecosystem, and drive the industry towards digitalization.

Mr. Veerasith Sinchareonkul, President & Executive Director of Sri Trang Agro-Industry (STA) explained that following the Company's launch of "Sri Trang Friends", the first App. to combine support services for farmers, trading partners, and related services across the digital platform, recently expanding with the new "Sri Trang Friends Station" App, which offers a rubber sales and trading platform, and allows interested natural rubber planters across the country to apply for membership, facilitating a more transparent and professional rubber trading business. This is a major development that will propel the Thai rubber industry towards digitalization, connecting networks of stakeholders across the natural rubber industry ecosystem in Thailand.

Most recently, the Sri Trang Group initiated the new "Super Driver" service, "heroes" to fellow farmers, providing rubber delivery services to Sri Trang rubber factories for fellow rubber planters who may be constrained by distance. The "Super Drivers" will pick up the rubber from plantation owners who require this service, then deliver the products to Sri Trang factories, thus alleviating the problems associated with approaching the factories and the delivery of rubber. Initially, the program is being launched as pilot projects in Loei and Ubon Ratchathani provinces, and will soon be introduced throughout the country.

The main differences that makes the "Super Driver" model special are the approach and the application process. The main target groups are the rubber planters, or those with families in the rubber plantation or rubber delivery business, with their own delivery trucks, who would like to earn extra income, and be ready to represent the senders and various types of natural rubber, such as fresh latex, cup lump rubber, raw rubber sheets and ribbed smoked rubber sheets from plantations in nearby vicinities, to be delivered to factories in the Sri Trang Group. The main purpose of "Super Driver" recruitment is to create an additional income stream for rubber planters and their relatives, along with helping rubber planters with direct access to the factories, as if having the factories right on the gates of their plantations. This is also in line with the Company's policy to conduct its businesses sustainably by caring for the stakeholders in all sectors.

There are no application fees for the applicants. Moreover, they will receive the following benefits: 1) The ready-for-use POS with the downloaded App., 2) A floor-stand weighing scale, and 3) A gift set for Super Drivers, etc. Income from the delivery of rubber to the factory plus the diligence bonus for each "Super Driver" is expected to amount to approximately 18,500 baht per month.

"Our big mission is to create an additional income stream for people in and around rubber plantations by their becoming Super Drivers so they can elevate their quality of life. In addition, the model will provide easy access and opportunities for plantations that are located far away, to access the factories more readily, while connecting all the people involved in the rubber industry ecosystem through the App. which has been specially developed by the Company. In the near future, the "Sri Trang Friends" and "Sri Trang Friends Station" Apps that support the two groups of users – rubber traders and the Super Drivers – will have some connected functions that are aimed at positive and sustainable development towards the "Sri Trang Friends Ecosystem", Mr. Veerasith concluded.

Released by Public Relations Dept., MT Multimedia Co., Ltd. for Sri Trang Agro-Industry Plc.
For additional information, please contact: Wasana 'Jeab" Wongsiri
T: +66 84 359 0659, +66 2 612 2081 ext.131; E: wasana.w@mtmultimedia.com

Sri Trang Agro-Industry Plc. https://www.sritranggroup.com/en/home
[SET: STA; STA-R; STA/F] [SGX: NC2; STA] [XTR: YTAA] [OTCPK: SRGPF]

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Malaysian Investors take part in Indonesia Investment Forum in Penang

PENANG, Malaysia, Dec 2, 2022 – (ACN Newswire) – 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 Agency
Email: info@bkpm.go.id

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Job Platform Monster Transforms to an End-to-end Talent Management Platform; Reinvents Itself as foundit

SINGAPORE, Nov 23, 2022 – (ACN Newswire) – Monster.com, leading global job search portal, today announced a significant milestone in its journey as it transforms to a full-fledged talent platform. Starting today, Monster will be known as 'foundit' with a new logo and vision, ushering in a new revolution in the job market.

Left to Right: Sekhar Garisa, CEO- foundit.in (previously Monster), Ajit Isaac, Non-Executive Chairman – Quess Corp and foundit.in, and investor Mohandas Pai unveil Monster's new identity as 'foundit' in Asia Pacific and the Middle East

Synonymous with recruitment, Monster has been serving more than 70 million job seekers and 10,000 customers spread across 18 countries. As the Company now transforms itself to an end-to-end talent platform, it will offer comprehensive solutions to recruiters and highly personalised and contextual services to job seekers across Asia Pacific and the Middle East. The transition is in line with the company's mission towards connecting the right talent with the right opportunities.

Speaking at the new brand unveiling event, Sekhar Garisa, CEO, foundit (previously Monster) said, "Technology is leading disruption across sectors and Talent Acquisition is no exception. The pandemic has fundamentally changed the way we work and the way we hire. We have been privileged to witness the talent acquisition landscape evolve over the last three decades, giving us an unparalleled depth of insights into recruitment. The platform of the future needs to cater to a highly dynamic job market, skill-based hiring & changing expectations from career. We are excited to unveil a new direction for Monster from simply facilitating job and candidate discovery to enabling significantly better talent management outcomes."

Commenting on foundit's role in realising its parent Quess Corp's future-forward strategy, Mr. Ajit Isaac, Founder and Non-Executive Chairman of Quess Corp and foundit, added, "Over the last 15 years, Quess has always been known for its service led offerings that have won the confidence of its associates and customers alike. As an institution, steadfast on our commitment to formalise jobs, we have been focusing on building a product-led portfolio that can help democratise access to formal employment across White, Blue and Grey collar workers. We acquired Monster APAC & ME with a vision to transform white-collar talent acquisition. Over the last couple of years, organisations experienced everything from the Great Resignation and the Great Regret leading to mass hiring at an unprecedented pace. But now as the market settles, hiring is going to be a lot sharper, focused and skill based. Such precision can only be achieved through the combination of human ingenuity and technology, and this is what we have to offer our recruiters and job seekers through foundit."

In 2018, Quess Corp acquired Monster Worldwide's APAC & ME businesses as a strategic investment to strengthen its HR services portfolio, and has been operating in Singapore, Malaysia, Philippines, Hong Kong, Vietnam, Thailand, Indonesia, India, UAE and Saudi Arabia.

In 2021 Monster raised USD 18 Million in a funding round led by investors Akash Bhanshali of Volrado Venture Partners and Mohandas Pai of Meridian Investments to fuel its product led offerings and market expansion.

As part of its brand evolution, foundit is placing renewed focus on the users of the platform to bring forward the perfect career experience. By leveraging disruptive technology such as AI and ML for precision hiring to superior UI, the company aims to offer recruitment solutions unrivalled by any other player in the market. One of the key features that job seekers can look forward to is personalised job discovery. With foundit's customised search results feature, candidates will receive results and recommendations that are curated to their educational background, employment experience & validated skills. Other features include community lead mentorship marketplace, skills validation through assessments, mobile first UI, personalised recommendations, and self enhancement tools like upskilling courses.

As the market leader in offering recruitment solutions to the best in business, foundit is transforming into a platform that reflects and adapts to the diversity of the SEA job market. For recruiters, it will offer the richest data set for each candidate along with insights & analytics that will make the process efficient as well as customized for each role requirements. The new interface and features allow for seamless and smart interaction between recruiters and candidates.

About foundit in APAC & the Middle East

foundit, formerly Monster, is a leading talent platform offering comprehensive employment solutions to recruiters and job seekers across APAC & ME. Since its inception, the company has been assisting over 70 million registered users to find jobs, upskill, and connect with the right opportunities across 18 countries. Over the last two decades, the company has been a catalyst in the world of recruitment solutions with advanced technology, seeking to efficiently bridge the talent gap across industry verticals, experience levels, and geographies. Today, foundit is committed to enabling and connecting the right talent with the right opportunities by harnessing the power of deep-tech to sharpen hyper-personalised job searches, and precision hiring. foundit strongly believes that a job title doesn't define one's potential and leverages technology to dig deeper to curate opportunities central to the needs, aspirations, and dreams of each user.

To learn more, about foundit in APAC & Gulf, visit: www.foundit.sg | www.foundit.my
| www.foundit.id | www.foundit.hk | www.foundit.com.ph | www.founditgulf.com | www.foundit.in

Contact:
Neha Nayyar: neha.nayyar@monsterindia.com
Namrata Sharma: namrata.sharma@adfactorspr.com
+65- 81383034

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Sri Trang introduces an alternative job “Super Driver” to traditional natural rubber planter

BANGKOK, Nov 23, 2022 – (ACN Newswire) – Sri Trang Agro-Industry PCL (SET: STA) opens Aappplications for whom is interested to become "Super Drivers", creatipng a secondary career and extra income for rubber planter and building rubber delivery network from plantations to factories of the Sri Trang Group. In order to connect all stakeholders in the rubber industry ecosystem and for STA to play a part in the drive towards the digital age.

Mr. Veerasith Sinchareonkul, Managing Director & Executive Director of Sri Trang Agro-Industry PCL (SET: STA), one of the world's biggest leaders in the integrated natural rubber business, revealed that following the Company's launch of the "Sri Trang Friends" Application, which was the first and the main Application that integrated various services to support plantation owners and trading partners, as well as other related services through the digital system, until recently when the new "Sri Trang Friends Station" was launched as the rubber trading program to allow interested natural rubber planters across the country to apply to join, to facilitate a more transparent and professional rubber trading business. This is a major development that will propel the Thai rubber industry towards the digital age, connecting all the people involved in Thailand's natural rubber industry ecosystem.

Most recently, the Sri Trang Group initiated the new "Super Driver" model, acting as "heroes" of the rubber planters to provide rubber delivery services to Sri Trang rubber factories for fellow rubber planters who may be constrained by distance. The "Super Drivers" will pick up the rubber from plantation owners who require this service and then deliver the products to Sri Trang factories, thus alleviating the problems associated with approaching the factories and the delivery of rubber. Initially, the program is being launched as pilot projects in Loei and Ubon Ratchathani provinces and will soon be introduced throughout the country.

The major differences that makes the "Super Driver" model special are the approach and the application process. The main target groups are the rubber planters or those with families in the rubber plantation or rubber delivery businesses with their own delivery trucks and who like to earn extra income while being ready to be the representatives for delivery, and collect various types of natural rubber, such as fresh latex, cup lump rubber, raw rubber sheets and ribbed smoked rubber sheets from plantations in nearby vicinity to be delivered to factories in the Sri Trang Group. The main objective of the "Super Driver" recruitment is to create an additional income stream for rubber planters and related people, along with to help the rubber planters to have direct access to the factories as if having the factories located right on the gates of their plantations. This is also in line with the Company's policy to conduct its businesses sustainably by caring for the stakeholders in all sectors.

There are no application fees for the applicants. Moreover, they will receive the following benefits : 1) the ready-for-use POS with downloaded Application; 2) a floor-stand weighing scale; 3) A gift set for Super Driver, etc. The income from the delivery of rubber to the factory plus the diligence bonus for each "Super Driver" is expected to approximately amount to18,500 baht per month.

"Our big mission is to create additional income stream for people in and around rubber plantations by they becoming 'Super Drivers' so they can elevate the quality of life. In addition, the model will provide easy access and opportunities for plantations that are located far away to be able to access the factories more readily while connecting all the people involved in the rubber industry ecosystem through the Application that has been developed by the Company. In the near future, the 'Sri Trang Friends' and 'Sri Trang Friends Station' Applications that support the two groups of users – rubber traders and the 'Super Driver' applicants – will have some connected functions that are aimed to be a positive and sustainable development towards the 'Sri Trang Friends Ecosystem'", Mr. Veerasith concluded.

Visit Sri Trang Gloves PCL (SET: STGT) (SGX: STGT) at https://www.sritranggloves.com/en.

Released for Sri Trang Gloves PCL by MT Multimedia Co Ltd
Wasana "Jeab" Wongsiri, T: +66 (0) 84 359 0659, +66 (0) 2 612 2081 ext. 131; E: wasana.w@mtmultimedia.com

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Pertamina to balance energy transition, security in net zero push

JAKARTA, Nov 17, 2022 – (ACN Newswire) – The energy transition process must take place in order to maintain sustainability, chair of the Energy, Sustainability, and Climate Business 20 (TF ESC-B20) Task Force, Nicke Widyawati, has said.

Chair of Task Force Energy, Sustainability, and Climate B20, Nicke Widyawati, during the 4th Task Force Energy, Sustainability, and Cimate Call Meeting of B20 Indonesia 2022 held in Jakarta on Tuesday (May 24, 2022). (ANTARA/HO-Pertamina)

During a "BloombergNEF (BNEF) Net Zero Summit" discussion initiated by the Coordinating Ministry for Maritime Affairs and Investment and the Asia Natural Gas and Energy Association (ANGEA), Widyawati, who is also the CEO and president director of state-owned energy company Pertamina, said that the energy transition process is a part of B20 activities.

During the discussion, she emphasized that the energy transition cannot be achieved in a short time.

"The process requires various kinds of technology, costs, and human resources that can reach the standards of renewable energy," she explained.

When the energy transition process occurs, the demand for energy will also increase, she pointed out. Thus, energy security on a large scale will need to be maintained.

Widyawati then described several strategies carried out by Pertamina to overcome the challenges faced in balancing efforts to realize the energy transition for sustainability, including net zero emissions, with measures to maintain energy security.

"To achieve net zero emission (NZE) aspirations while maintaining energy security in Indonesia, Pertamina has developed some comprehensive strategies that are delivered through two main pillars and three medium-term strategies," she informed.

The two main pillars are focusing on decarbonizing business activities and assets and developing new renewable green energy businesses.

Meanwhile, the first of the three medium-term strategies carried out by Pertamina to support NZE realization involves developing its carbon accounting standards to meet national and international standards.

The second strategy involves stakeholder engagement to fully support the achievement of national NZE targets, which will be supported by the company's long-term investments.

The third strategy involves the company's environmentally friendly sustainability business initiatives that will focus on biofuels, renewable energy sources, carbon capture storage (CCS/CCUS), batteries and electric cars, hydrogen, as well as self-sustaining carbon businesses.

Moreover, Pertamina has also developed a strategy to support the energy transition by allocating its capital expenditure (capex) for low emission energy and developing new renewable energy (NRE).

"We have set a goal to increase the green business portion in Pertamina's revenue, which is from 5 percent in 2022 to 13 percent by 2030," Widyawati said while providing details on the company's share of capital costs for green energy.

The company has also predicted that its fossil fuel revenues will decline significantly from 86 percent in 2022 to 66 percent by 2040.

Furthermore, she highlighted that the goal of optimizing the capital allocation for green businesses has been coordinated by Pertamina with the government to ensure that the measures taken align with the national energy mix target for new renewable energy.

To balance financing, Pertamina has also made a long-term investment strategy, which has included the allocation of 14 percent of its capex for green energy business activities.

In addition, the company will continue to invest in fossil fuels and petrochemicals as the backbone of its current business in an effort to ensure that the energy transition process does not disrupt energy security.

Apart from the capital investment strategy, Pertamina is also collaborating with various parties to accelerate the achievement of green energy targets.

Contact: Heppy Wulansari, Pjs. Vice President Corporate Communication, PT Pertamina (Persero)
Mobile: +62 811-296-949, Email: heppy@pertamina.com, URL: https://www.pertamina.com
Written by: Yuni Arisandy Sinaga, Editor: Sri Haryati (c) ANTARA 2022

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

PGE to increase GPP capacity in South Sumatra for NZE

JAKARTA, Nov 16, 2022 – (ACN Newswire) – PT Pertamina Geothermal Energy (PGE) expressed readiness to increase the geothermal power plant (GPP) capacity in South Sumatra in a bid to support the realization of net zero emission (NZE) in Indonesia.

President Director of Pertamina Geothermal Energy (PGE) Ahmad Yuniarto signs an agreement for "Engineering, Procurement, Construction, and Commissioning (EPCC) for the construction of the Fluid Collection and Reinjection System (FCRS) and Geothermal Power Plant at Lumut Balai Unit 2 in South Sumatra" with Mitsubishi, and Sepco/WIKA at the Business 20 (B20) Investment Forum held in Bali on November 11, 2022. (ANTARA/HO-PT Pertamina)

This step to increase the GPP capacity is taken through the inking of an agreement for Engineering, Procurement, Construction, and Commissioning (EPCC) for the construction of the Fluid Collection and Reinjection System (FCRS) and Geothermal Power Plant at the Lumut Balai Unit 2 in South Sumatra.

The agreement signing was conducted by PGE with Mitsubishi Corporation Consortium, PT Wijaya Karya, and SEPCO III Electric Power Construction Co. Ltd on the sidelines of the B20 Indonesia Net Zero Summit 2022 event held in Bali on Friday (November 11).

The project for the construction of FCRS and geothermal power plant in South Sumatra is funded by Japanese Official Development Assistance (ODA) Loans under the Government to Government (G-to-G) Loan scheme with the Government of Indonesia.

The project site is located in the districts of Muara Enim and Ogan Komering Ulu in South Sumatra Province.

The contractual scope of the project will be a turn-key basis on which PGE partners will carry out the design, manufacturing, civil works construction, commissioning, performance testing and warranty for the facility that consists of a Geothermal Power Unit and an FCRS, with a net capacity at high-voltage terminals of 55 Megawatts (MW).

The geothermal facility is designed to be operational for more than three decades and will be operated and maintained by PGE.

The electricity generated from the clean, renewable and environmentally friendly energy facility will be channeled through the installations of the state-owned electricity company PLN, so that it has the potential to increase the number of new residents receiving electricity to reach around 55 thousand households in South Sumatra.

Moreover, the working area at the Lumut Balai GPP Unit has proven to have good-quality environmental management with the achievement of Pertamina Environment Regulation Compliance Assurance (PERCA) and the Blue category for Company Performance Rating Program in Environmental Management (PROPER) from the Ministry of Environment and Forestry.

In accordance with the theme of the 2022 Indonesia Net Zero Summit "Industrial Decarbonization at All Cost," the effort to increase GPP capacity is one of Pertamina's concrete measures in supporting sustainable development proclaimed by the Indonesian government.

The effort was also aimed at mitigating the impacts of global warming by reducing carbon emissions in the environment.

Greenhouse gas reductions from the GPP Project at Lumut Balai Unit 1 and 2 are included in the Clean Development Mechanism (CDM) as an implementation of the Kyoto Protocol. It has also been registered with the UNFCCC, with the potential for reducing greenhouse gas emissions of around 581,518 tons of CO2 equivalent per year.

GPP capacity of 55 MW, which will be generated from Unit 2 of the GPP in the province, will increase PGE's total installed GPP capacity, after earlier some 55 MW generated from the Lumut Balai Unit 1 Project that became operational in 2019.

The new unit will further strengthen PGE's position as one of the largest players in Indonesia's geothermal development, with a total installed capacity of 727 MW.

PGE's President Director Ahmad Yuniarto explained that in carrying out its business, PGE remains committed to the development of geothermal energy and ensures that the implementation of the Environment, Social and Governance (ESG) aspects is an integrated part of the company's geothermal energy business line.

The implementation of the ESG aspects is the company's effort to provide added value and to support the national programs related to the use of environmentally-friendly new and renewable energy, especially geothermal energy, he remarked.

PGE's commitment in developing geothermal energy can contribute to achieving several targets in sustainable development goals (SDGs): Goal No.7 on clean and affordable energy, Goal No.12 on responsible construction and production, Goal No.13 on handling climate change, and Goal No.15 on land ecosystems.

PGE currently manages 13 Geothermal Working Areas, with an installed capacity of +1.8 Gigawatts (GW).

A total of 672 MW of geothermal capacity is operated and managed directly by PGE, and some 1,205 MW is managed under the Joint Operation Contract scenario.

Geothermal energy capacity from power plants in PGE's working areas contributes 82 percent of the total geothermal energy capacity produced in Indonesia and has the potential to contribute to the reduction of carbon dioxide emissions of around 9.7 million tons of CO2 per year.

Contact: Muhammmad Baron, Corporate Secretary, PT Pertamina Geothermal Energy
Mobile: +62 8 1117 1720, Email: muhammad.baron@pertamina.com, URL: https://www.pertamina.com
Written by: Yuni Arisandy Sinaga, Editor: Fardah Assegaf (c) ANTARA 2022

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com