Pertamina posts record net profit of Rp29.3 trillion

JAKARTA, Jun 22, 2022 – (ACN Newswire) – State-owned oil and gas firm PT Pertamina (Persero) posted a record net profit of Rp29.3 trillion in 2021 following a successful business transformation.


President director of Pertamina, Nicke Widyawati, addressing an online press conference on Pertamina's participation in the Dubai Expo, which was accessed from Jakarta on March 18 (ANTARA/HO-Pertamina)


The 2021 transformation helped push up its consolidated net profit (audited) to US$2.046 billion or around Rp29.3 trillion, president director of Pertamina, Nicke Widyawati, said in a statement issued in Jakarta on Tuesday.

The figure was almost double compared to the 2020 net profit of Rp15.3 trillion and exceeded the 2021 Corporate Work Plan and Budget (RKAP) target by 154 percent.

In 2021, Pertamina transformed its business by increasing efficiency and production, carrying out energy transition, developing oil and gas infrastructure, and implementing the Refinery Development Master Plan (RDMP) project.

Widyawati said Pertamina's successful transformation in 2021 was owing to the formation of the oil and gas holding with six sub-holdings: upstream sub-holding, refining and petrochemical sub-holding, commercial and trading sub-holding, gas sub-holding, integrated marine logistics sub-holding, and new and renewable energy sub-holding.

"This transformation is a strategic step to adapt to future business changes, moving more agile and faster, focusing on broader and aggressive business development," Widyawati said.

Pertamina's positive financial performance was also demonstrated by earnings before interest, taxes, depreciation, and amortization (EBITDA) of US$9.2 billion.

This shows that Pertamina's finances are in a healthy (AA) and safe condition amid the disruption and geopolitical challenges affecting the global oil, gas, and energy industry, Widyawati said.

Pertamina's net profit was the consolidated profit of all subsidiaries from upstream, processing, to downstream.

Most of the profit was contributed by the upstream sector's revenue, which surged due to rising Indonesian crude prices (ICP). The downstream sector remained under pressure from the high cost of fuel production, the largest component of which is crude oil, Widyawati said.

In 2021, upstream oil and gas production increased from 863 thousand oil barrels equivalent per day (MBOEPD) in 2020 to 897 MBOEPD. Thus, Pertamina contributed more than 60 percent to national oil and gas production.

In addition, with Pertamina's massive drilling, production at Rokan Block also increased. Various efficiency programs also resulted in cost savings of US$1.4 billion.

Fuel production was also achieved according to the target, so there were no additional imports. Since April 2019, Pertamina is no longer importing solar and Avtur fuel, Widyawati said.

Pertamina has also completed the construction of two giant oil and gas tankers, namely VLCC Pertamina Pride and Pertamina Prime, which will be used for the global market.

Meanwhile, to improve fuel supply reliability in Eastern Indonesia, Pertamina has built and operated 13 new fuel terminals.

Pertamina is also running National Strategic Projects (PSN), including the Balikpapan RDMP Refinery (47 percent completion), Balongan RDMP refinery (68.5 percent completion), Cilacap Green Refinery, Tuban GRR Refinery, as well as other priority projects to strengthen Pertamina's petrochemicals business such as Polypropylene Balongan, Revamping Aromatic TPPI, and Olefin TPPI, she said.

Integrated digitization from upstream to downstream has been one of the keys to Pertamina's successful controlling of the production and distribution of fuel, as well as the improvement in the service quality to the community.

Through its Integrated Command Center, all operational activities can be monitored online and in real-time. The use of MyPERTAMINA application for cashless payments is increasing, and currently, it has reached more than 22 million users, Widyawati informed.

With the 2021 new energy development, in addition to the Biosolar B30 production, the Cilacap Refinery has succeeded in producing renewable diesel (100 percent biodiesel), with a capacity of 3 thousand barrels per day.

Contact: Fajriyah Usman, VP Corporate Communications, PT Pertamina (Persero)
M: +62 858 8330 8686, Email: fajriyah.usman@pertamina.com, URL: https://www.pertamina.com
Written by: Azis Kurmala, Editor: Suharto (c) ANTARA 2022

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

OTS Holdings Launches Plant-Based, Ready-to-Eat Food Brand ‘ANEW’; Three ‘ANEW’ Luncheon Meat Products to be Sold in Online Stores and Major Supermarkets Across Singapore

Singapore, Jun 8, 2022 – (ACN Newswire) – OTS Holdings Limited ("OTS Holdings" or the "Company", and together with its subsidiaries, the "Group"), a brand builder and food manufacturing group, is pleased to announce that it has launched a plant-based, ready-to-eat food brand ANEW that aims to deliver quality, nutrition and convenience to consumers with a taste of heritage. For more information on ANEW, please visit www.anew-foods.com.




Highlights:
– Coupled with the tagline "Better Food Forward", ANEW is a 100% plant-based, ready-to-eat brand that aims to deliver quality, nutrition and convenience to consumers with a taste of heritage
– Developed by its in-house R&D team and manufactured in Singapore, the first product line-up from ANEW consists of three luncheon meat products that are inspired by the Group's popular luncheon meat products
– Tasty on its own and yet highly versatile, ANEW's luncheon meat products can also be used for a variety of Asian and Western cuisines
– ANEW's nutritional product features include Non-GMO, Cholesterol Free, Trans-Fat Free and No Added Preservatives
– ANEW's luncheon meat products are sold in online stores and will be made available in major supermarkets across Singapore
– According to Bloomberg, the plant-based foods market could make up to 7.7% of the global protein market by 2030, with a value of over US$162 billion, up from US$29.4 billion in 2020(1)

Developed by its in-house R&D team and manufactured in Singapore, ANEW's luncheon meat products are tasty on its own and yet highly versatile to be used for a variety of Asian and Western cuisines. ANEW's luncheon meat products are currently sold in online stores and will be made available in major supermarkets across Singapore.

Managing Director of OTS Holdings, Mr. Ong Bee Chip said: "Increased awareness of environmental and sustainability benefits have been a key driving force for plant-based alternatives to become a growing part of consumers' diet around the world.

In addition, plant-based alternatives can also mitigate concerns of food security as the world's population continues to grow.

With ANEW, we see an opportunity to participate in the fast-growing plant-based foods market, where we want to be able to meet consumer's expectations so that they can continue to enjoy their favourite food experience with our plant-based products based on our popular recipes."

(1) bloom.bg/3tohg6E

About OTS Holdings Limited
(Bloomberg: OTS:SP / SGX Stock Code: OTS)

Established in 1993, OTS Holdings Limited is a brand builder and food manufacturing group in the consumer industry with a strong niche in ready-to-eat and ready-to-cook meat products with key markets in Singapore and Malaysia.

The Group's vision is to develop a growing portfolio of established consumer brands and become an innovative market leader in the region. Targeting both halal and non-halal consumer segments, the Group has more than 1,100 SKUs across 13 main product types under its seven house brands and notably the Group's flagship brands, "Golden Bridge" and "Kelly's" have become established household names within the ready-to-eat and ready-to-cook meat products market in Singapore and Malaysia.

The Group owns and operates three modern food manufacturing facilities, two in Singapore and one in Bulan Island, Indonesia. In Singapore, its integrated food manufacturing facilities with in-house research and development team span across around 9,131 sq m with an average annual production of around 2,500 tonnes of ready-to-eat and ready-to-cook meat products.

The Group's food products are sold in major supermarkets, convenience stores, provision shops, hotels and restaurants in Singapore and Malaysia. Having built an established sales and distribution network over the past few decades, the Group aims to expand its presence in existing markets and overseas.

For more information, please visit the Company's website at www.ots-holdings.com.

Issued on behalf of OTS Holdings Limited by 8PR Asia Pte Ltd.

Media & Investor Contacts:
Mr. Alex TAN
Mobile: +65 9451 5252
Email: alex.tan@8prasia.com

This press release has been prepared by the Company and its contents have been reviewed by the Company's sponsor, SAC Capital Private Limited (the "Sponsor"). This press release has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "SGX-ST") and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Ms Charmian Lim (Telephone (65) 6232 3210) at 1 Robinson Road, #21-00 AIA Tower, Singapore 048542.

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

SESAMi Holding acquires MyBiz in all-cash deal boosting regional footprint

SINGAPORE, Jun 1, 2022 – (ACN Newswire) – SESAMi Holding Pte Ltd (SESAMi) announced the successful acquisition of MyBiz Solutions Sdn Bhd.

The all-cash deal is immediately profit-accretive and provides SESAMi with an additional revenue stream as well as an opportunity to strengthen SESAMi's portfolio of businesses. The company also believes that the acquisition has the potential to significantly value-add to existing and potential customers of both SESAMi and MyBiz.

Mr Ong Teck Soon, SESAMi Holding's Chairman and CEO said, "We have been actively exploring various strategic acquisition opportunities to strengthen SESAMi's suite of products and services and enable the Company to provide a more robust business solution to our customers, thereby helping us grow revenue. The acquisition, when completed, is expected to enable us to capture new opportunities within the fast-growing online transactional commerce business in the region and we are confident of the industry's significant long-term growth prospects."

Award-winning MyBiz has emerged as an Asian leader in spend management and strategic sourcing solutions with more than 20 years of experience and expertise in their field. Their proprietary software was awarded the Procurement Consultancy Award in the World Procurement Awards 2019, as well as the "Solution Provider of the Year" in the Asia Pacific Procurement Awards in 2018. Over the years, the company has successfully delivered hundreds of millions of dollars of savings for their industry-leading clients, including companies such as Sembcorp Industries, Westpac Bank, Singapore Airlines, ST Engineering, UOB and Maybank.

SESAMi is Asia's leader and powerhouse in providing trusted solutions for transacting commerce over the Internet for sourcing, procurement, planning and order management. Their clients include organisations in both the public and private sector ranging from industries such as healthcare, aviation, tourism and telecommunications. As the foremost commerce service provider and operator of the leading electronic hub (E-Hub), SESAMi is best positioned to facilitate and provide the advantages and efficiencies of trading online to businesses. Together with MyBiz, SESAMi will bring a fully integrated supply chain solution to corporates and their suppliers in Singapore and Malaysia in a more timely, automated and cost-efficient manner.

Following the acquisition, SESAMi expects to also add to its growing pool of tech talent that will drive innovation in the organisation to better serve its customers. In a constantly-evolving world with customers demanding the highest levels of service and product offerings, we see our people as a vitally important differentiator in staying ahead of the competition, by anticipating and adapting to situational as well as long-term trends in this space. Moving forward, the company will look to integrate financing and payment solutions to make the platform even more holistic and all-encompassing.

Mr Ong added, "MyBiz has been aptly described as the Porsche of procurement – a fast, reliable and technologically advanced platform that we see as being a natural fit to SESAMi, the largest e-procurement platform in Singapore, and a vital piece of the entire jigsaw puzzle to reshape the entire industry to become the gateway for organisations, whether buyer or supplier, to seamlessly interact and transact on a platform that is built with a commitment to enhancing efficiency, accessibility, security and equal opportunity. This acquisition will further accelerate our efforts to develop new and innovative products to capture the fast-growing transactional commerce economy and we are excited to bring even more choice, value and savings to our customers going forward."

About SESAMi ( www.sesami.com )

SESAMi was founded in 1999 by a consortium of large corporates to develop e-sourcing and e-procurement services. Over the years, the company has consolidated its position in the e-procurement sector in Singapore, while expanding into other services like demand aggregation and e-financing. In 2018, SESAMi further expanded its technological capabilities by acquiring Capital Match, a leading lending platform in Singapore focusing on trade finance. Today, SESAMi processes around S$6bn of e-purchase orders and S$2bn of e- invoices annually on its platform with over $225M worth of origination via its e-financing program.

For media enquiries, please contact:
Donny Ong. SESAMi
Email: donny.ong@sesami.com

Derek Yeo / Wayne Koo
Email: derek@waterbrooks.com.sg / wayne.koo@waterbrooks.com.sg

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

Hong Kong ‘ideal listing destination’ for ASEAN companies

HONG KONG, May 27, 2022 – (ACN Newswire) – Hong Kong has been named as an ideal overseas listing destination for Association of Southeast Asian Nations (ASEAN) companies in a research report^ prepared by the Hong Kong Trade Development Council (HKTDC) in collaboration with CCB International (CCBI).


Hong Kong is an ideal overseas listing destination for companies in the ASEAN region, according to a research report prepared by the Hong Kong Trade Development Council (HKTDC) in collaboration with CCB International (CCBI).


HKTDC Director of Research Irina Fan said: "With the Regional Comprehensive Economic Partnership (RCEP) free trade agreement coming into effect on 1 January 2022, closer regional economic integration will foster funding needs for projects across Asia, particularly with regard to ASEAN companies' projects in Mainland China and vice versa. Hong Kong is ideally positioned to serve as a platform to satisfy two-way funding needs."

Simon Lee, Head of Corporate Finance & Capital Market Services of CCB International, said: "This is a highly informative and well-researched paper for any executive of an ASEAN company seriously considering fundraising via an overseas listing, and in which the insights of many stakeholders in the region are shared. Hong Kong stands out as the top choice for the listing of ASEAN companies seeking overseas funding."

Most popular overseas listing destination for ASEAN companies

There are already more than 80 ASEAN-headquartered companies listed on the Hong Kong Stock Exchange – the highest tally for a non-ASEAN stock market. These listed ASEAN companies represent a variety of sectors covering consumer discretionary, property and construction, information technology and industrial businesses with a total market capitalisation at US$15.3 billion. This indicates that Hong Kong is the most popular overseas listing destination for ASEAN companies, representing a wide variety of enterprises in terms of sector and size.

The research report highlights that Hong Kong's attractiveness to ASEAN companies is due to a range of factors including good market breadth and depth, efficiency and flexibility in funding overseas investment, access to more diversified financial and strategic investor pools, its position as a doorstep to expansion in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) and Mainland China, strong governance, and the convenience provided by it being in a similar time zone to ASEAN countries.

Strengthening promotion in ASEAN countries

To facilitate ASEAN companies' needs and enhance Hong Kong's position as an overseas listing hub for these enterprises, Ms Fan highlighted some of the key recommendations proposed by survey interviewees. "Hong Kong should step up its promotion in ASEAN countries to raise companies' awareness. Indeed, it is clear that some ASEAN companies need to be more informed about the latest developments relating to Hong Kong's listing regime and policies," she said.

HK well positioned for ASEAN companies in prevailing and emerging sectors

Survey interviewees highlighted that in addition to prevailing sectors in ASEAN such as consumer goods and services, mining and commodities and real estate investment trusts (REITs), fast-growing sectors including biotech, high-tech enterprises and fintech are showing good potential, while environmental, social and governance (ESG) is becoming an increasingly important factor across Southeast Asia. Interviewees suggested that Hong Kong can further reinforce its position as a listing destination for both prevailing and emerging sectors in ASEAN by streamlining its processes for overseas listing and the new special-purpose acquisition company (SPAC) regime, in addition to providing listing incentives for REITs. Hong Kong is also in a strong position to respond to the growing need for ESG funding in the ASEAN bloc.

Closer collaboration with ASEAN exchanges to promote dual primary/secondary listing

Hong Kong can also enhance collaboration with ASEAN exchanges to promote dual primary/secondary listing in Hong Kong. "Hong Kong is the gateway between ASEAN countries and Mainland China. By working with ASEAN stock exchanges to facilitate the dual or secondary listing of ASEAN companies in Hong Kong, all parties would be better positioned to capture the growing opportunities," Ms Fan added.

Hong Kong as preferred listing destination for Malaysian companies

The report also gave insights into overseas listings by Malaysian enterprises. The Hong Kong Stock Exchange has the largest number of listed Malaysian companies among key stock exchanges outside ASEAN, and Hong Kong is well perceived by Malaysian companies as an important gateway for expanding into Mainland China. Leveraging Malaysia's economic growth and further economic integration in the region, Malaysia's fast-growing IT sector and growth companies could be potential candidates for listing on the Hong Kong Stock Exchange through the new SPAC route.

^ The report is based on desktop research and interviews conducted by the HKTDC from September 2021 to January 2022. Interviewees included senior executives/members of listed companies, chambers of commerce, professional organisations, legal practitioners, accountants and investment bankers. Interviewees were asked to share their insights on Hong Kong's strengths as a listing destination for ASEAN companies, some of the hurdles ASEAN companies are facing, as well as recommendations to strengthen Hong Kong's position as a listing hub. The first research report in this series focuses on the overall overseas listing regime of Hong Kong as well as Hong Kong as a listing destination for Malaysian companies, while two subsequent reports on Thai and Indonesian companies listing in Hong Kong will be released later this year. Disclaimer https://tinyurl.com/HKTDC-Disclaimer

References
– HKTDC Research Portal: https://research.hktdc.com/en
– "Hong Kong as a Listing Destination for ASEAN Companies": https://bit.ly/3ajmAkV
– Photo download: https://bit.ly/3MsV1UI

Media enquiries
Please contact the HKTDC's Communication and Public Affairs Department:
Snowy Chan, Tel: +852 2584 4525, Email: snowy.sn.chan@hktdc.org

Please contact CCBI's Corporate Finance & Capital Market Services:
Sam Siu, Tel: +852 3911 8926, Email: samsiu@ccbintl.com

About HKTDC

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn

About CCBI

CCB International (Holdings) Limited and its subsidiaries (collectively "CCB International") is a financial and investment services company owned by China Construction Bank Corporation ("CCB"). CCB International is committed to expanding its international platform. Backed by the CCB global network, its business covers key financial centres worldwide including Mainland China, Hong Kong, Singapore and London. CCB International offers a full range of products and services including sponsoring and underwriting, financial advisory, corporate mergers and acquisitions, restructuring, additional issuance and placement of shares, refinancing for listed companies, direct investment, asset management, securities brokerage, market research, investment consultancy, futures and commodities business. The corporate finance and capital market services of CCB International have raised almost HKD5 trillion from the global equity market for hundreds of companies. For more information, please visit: http://www.ccbintl.com/English.html.

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

B20 ESC Task Force to link performance, SDG targets with policies

JAKARTA, May 27, 2022 – (ACN Newswire) – The B20 Energy, Sustainability, and Climate (ESC) Task Force has continued to strengthen steps to produce policy recommendations under the Indonesian G20 Presidency.


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


As part of the effort, the 'Fourth Task Force Call Meeting' was held online for members on Tuesday (May 24, 2022).

The meeting, which was accessed from Jakarta, was led directly by Pertamina president director and chair of the task force, Nicke Widyawati.

It was attended by around 140 participants comprising deputy chair of the ESC Task Force, Agung Wicaksono; policy manager of the task force, Oki Muraza; eight co-chairs of the task force; and B20 members from 19 industries and 25 countries.

Among the topics the 4th meeting focused on was the addition of aspects of SDGs and key performance indicators (KPI) to policy recommendations.

"Based on the results of discussions between the Task Force and the Implementing Council, it has been agreed that all Task Force B20 should link the SDG goals that are relevant to the draft policy recommendations and develop KPIs as monitoring indicators in policy designs," Widyawati said.

She reiterated that the main objective of the forum is to ensure inclusivity in the formulation of recommendations and policies, wherein all members of the task force get the opportunity to express their views.

"I hope that we can work together in formulating policy proposals that are effective and can be implemented as well as able to represent the interests of the business community from B20 member countries," she said.

The policy manager of the task force, Oki Muraza, outlined several KPI proposals in policy recommendations, which are expected to serve as indicators while monitoring the course of policy recommendations, including increasing the percentage of renewable energy from the total global energy supply and creating jobs related to clean energy and low-emission technologies.

"We have compiled this KPI considering the policies that have been made in the Italian B20 presidency by adding several aspects that are in line with the B20 policy recommendations this year," Muraza said.

In addition, the policy recommendations made should be in line with the Sustainable Development Goal (SDG) targets, such as those related to affordable clean energy (SDG No. 7 Affordable and Clean Energy) and climate action (SDG No. 13 Climate Action).

On the same occasion, deputy chair of the task force, Agung Wicaksono, informed that the task force still has one Task Force Call in June 2022 for submitting final policy recommendations.

Wicaksono said he expects the task force members to continue to provide inputs and views on the preparation of policy recommendations that have an impact and can be followed up by the G20 leadership.

In addition, he also listed several other important activities that will be held by the task force after the last Task Force Call, including the B20/G20 Ministerial Dialogue in July 2022; an investment forum titled "2nd Partners in Energy Transition," which will be organized in collaboration with the Indonesian Ministry of Foreign Affairs; the "SOE Trade & Investment Forum," which will be held in collaboration with the Ministry of State-Owned Enterprises in September; and the B20 Summit in November.

Contact: Fajriyah Usman, VP Corporate Communications, PT Pertamina (Persero)
M: +62 858 8330 8686, Email: fajriyah.usman@pertamina.com, URL: https://www.pertamina.com
Written by: Azis Kurmala, Editor: Suharto (c) ANTARA 2022

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

GPDRR: Indonesia offers sustainable resilience to tackle disaster risk

Nusa Dua, Bali, May 27, 2022 – (ACN Newswire) – 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.

Appreciation

On 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. http://www.acnnewswire.com

Second G20 DEWG focuses on digital connectivity for recovery

JAKARTA, May 19, 2022 – (ACN Newswire) – The Indonesian government has urged the G20 Digital Economy Working Group (DEWG) to continue the discussion on digital connectivity.


Minister of Communication and Informatics Johnny G Plate, G20 Digital Economy Working Group (DEWG) Chair Mira Tayyiba (L), and G20 DEWG Alternate Chair Dedy Permadi (R), second DEWG meeting in Yogyakarta, 18 May. (ANTARA FOTO/MOHAMMAD AYUDHA)


"I believe we have all witnessed the importance of information and communication technology in helping people cope with the impact of the COVID-19 pandemic," Minister of Communication and Informatics, Johnny G. Plate, stated.

The DEWG is part of the Indonesian G20 Sherpa Track. The working group originated with the formation of the G20 Digital Economy Task Force (DETF) in 2017 during the German G20 presidency.

The working group was mandated to discuss the implementation of an interconnected, protected, and safe digital technology to develop an inclusive, resilient, and sustainable digital economy.

The second DEWG meeting, under Indonesia's G20 presidency, which is being held in Yogyakarta on May 17-19, 2022, discusses the issue of digital connectivity.

As the chair of the 2022 G20 Presidency, Indonesia has encouraged the 2022 G20 DEWG participants to discuss three priority issues: digital connectivity and post-COVID-19 recovery; digital skills and digital literacy; as well as cross-border data flow and trusted free data flow.

At the meeting, Minister Plate emphasized the importance of overcoming the digital divide by building digital connectivity or telecommunications infrastructure.

During the second DEWG meeting, he urged that the discussion focus on inclusiveness, empowerment, and sustainability for strengthening the global position and recovering from the COVID-19 pandemic.

The digital divide has remained an issue until now. According to data from the International Telecommunication Union (ITU), in 2021, a total of 2.9 billion people across the world had never used the Internet.

Meanwhile, according to the World Bank data for Indonesia, 94 million adults could not access the Internet via mobile devices in 2019.

"The digital divide remains a challenge. Those who have access to fixed broadband Internet are even fewer," Plate pointed out.

The digital divide has become one of the reasons for the G20 DEWG forum to discuss the issue of digital connectivity.

The Ministry of Communication and Informatics, which is in charge of the DEWG, is seeking to address the digital divide by strengthening collaboration to drive massive construction of digital infrastructure between G20 member countries and the rest of the world.

Digital Connectivity

The discussion on connectivity has become more relevant in the wake of a global economic turmoil that has affected food, commodities, and energy availability as well as caused the inflation rate to soar.

"The discussion on digital connectivity becomes important at the second DEWG meeting because after the COVID-19 pandemic, the economy is greatly supported through the use of digital connections in solving various community problems as well as empowering the community itself," Minister Plate emphasized.

Plate further accentuated that the pandemic had shown the extent to which people are dependent on digital ecosystems in various public sectors, such as education, health and, of course, economic development.

Taking into account the importance of the digital connectivity issue, the priority issue of DEWG is discussed in five subtopics.

First, Plate said, DEWG discusses a common understanding of digital connectivity by placing the community as the main focus of the digital connectivity development efforts.

"This is what we mean by people-centric digital connectivity," he remarked.

The second subtopic of the digital connectivity discussion at the second DEWG meeting is digital security as a key enabler to support the business community.

The intensification of digital communications indirectly also raises new challenges in the form of various digital security risks that threaten the online safety of internet users, especially the increasingly digital economic actors.

Recognizing the importance of digital security in supporting the sustainability of digital businesses in the future, the DEWG decided to facilitate the collection of existing digital security and safety practices.

On the third subtopic, the Working Group agreed to establish a G20 Digital Innovation Network as a continuation of the G20 Innovation League hosted by the G20 Italian presidency last year.

Such a network aims to accommodate and support the collaboration of digital innovation actors around the world, such as start-ups, venture capitalists, corporations, and governments.

On the fourth subtopic, the G20 DEWG welcomes the implementation of the digital transformation expo that will showcase the achievements of G20 members regarding strategic policies and information on digital transformation.

"The Indonesian G20 presidency hopes that the concept of the event would be welcomed positively and enthusiastically by the holders of the next G20 presidency," Minister Plate stated.

On the fifth subtopic, the G20 DEWG supports the notion from the International Telecommunication Union (ITU) on the smart village and smart island initiative.

"Support for this idea shows Indonesia's commitment to taking advantage of the role of the G20 to solve various issues in the global community. DEWG encourages solidarity in the use of digital transformation, not only from G20 member countries but also non-member countries, especially small island developing states," he stated.

Minister Plate expressed gratitude for the smooth, proper, and focused implementation of the second DEWG meeting.

Plate also reminded all delegates and knowledge partners to join the third DEWG meeting that will be held in Labuan Bajo, East Nusa Tenggara, on July 20-21, 2022.

Written by: Yuni Arisandy Sinaga, Editor: Rahmad Nasution (c) ANTARA 2022

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

Spritzer EcoPark Upcycles Bottles to Celebrate Hari Raya Balik Kampung Bersama with Visitors

KUALA LUMPUR & TAIPING, Apr 27, 2022 – (ACN Newswire) – It's time to visit the Spritzer EcoPark in Taiping, Perak and see the exciting Hari Raya Balik Kampung Bersama upcycling decorations from 19 April to 31 May 2022 with free admission.





The EcoPark has upcycled thousands of Spritzer Natural Mineral Water bottles into traditional decorations in the spirit of Hari Raya Aidilfitri. Visitors will be welcomed by a main arch with the sight of festive decor, including ketupat wraps, daybeds and pots reminiscent of a traditional kampung household.

Muslim visitors and their families and friends can stroll through the EcoPark, break their fast amid a pristine setting at cosy STG Cafe and enjoy an evening of togetherness while taking selfies and pictures capturing the fully decorated park as keepsakes.

Spritzer EcoPark has a host of activities and attractions for visitors from 30 April to 8 May 2022, including pedal kart rides, Balik Kampung lollipops and ketupat chocolates to sweeten the palate and Tropical Fizz drinks by Spritzer Sparkling to quench thirst. The Souvenir Shop and Water Shop promotions will also be held during this period.

Other fun activities lined up from 30 April to 8 May 2022 include:
– DIY workshop for floral crafting, flower baskets and crafting
– Snap and post pictures of the festive decor or activities to win lucky draw prizes
– Surprise gifts daily to be redeemed by the first three birthday stars of the day

In conjunction with Mother's Day, there will be additional activities like manicure services, body art painting and customised illustrations* from 6 to 8 May 2022.

Visitors are encouraged to enjoy themselves in a safe manner. Spritzer will continue to adhere strictly to all standard operating procedures, and encourages checking in through MySejahtera, having masks on at all times and sanitising of hands.

Image download link: https://bit.ly/3vPATEY

Spritzer Bhd: [Bursa: SPRITZER; 7103] [RIC: SPTZ:KL] [BB: SPZ:MK] [OTC: SPZRF]
Spritzer Bhd: https://www.spritzer.com.my

*For more information and assistance, contact Ms. Peiwei (+6018-386 2663) / Ms. Emi (+6016-542 5915).

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

B20 ESC Task Force continues to design constructive energy policies

JAKARTA, Apr 23, 2022 – (ACN Newswire) – The B20 ESC (Energy, Sustainability & Climate) Task Force held the 3rd ESC Task Force Call Meeting on Thursday (April 21), to discuss Policy Action that will be recommended at the upcoming G20, as noted in a release issued by PT Pertamina on Friday. The B20, or Business 20, is a G20 outreach group that represents the international business community.


The B20 ESC (Energy, Sustainability & Climate) Task Force held the '3rd Task Force Call Meeting' on Tuesday, April 19, 2022. (Antara/HO-Pertamina)


The B20 ESG Task Force, led by Pertamina, the largest Energy SOE (State-Owned Enterprise) in Indonesia, and Pertamina President Director & CEO Nicke Widyawati, the ESC Task Force Chair, continued to update policy design and policy actions calling for efforts to maintain energy, sustainability and climate change mitigation.

The ESC Task Force Call Meeting was attended by around 140 participants including ESC Task Force Deputy Chair, Agung Wicaksono, ESC Task Force Policy Manager, Oki Muraza, 8 ESC Task Force Co-Chairs, as well as members from 19 industries and 25 countries.

Widyawati invited members of the Task Force to discuss policy design and to explore actionable policy initiatives. "To date, we have received more than 300 comments and inputs that are very constructive and helpful for us to drafting policy. Through the active involvement of all participants, I am confident that this task force will provide relevant and actionable policy recommendations to the G20 leaders.".

She said that the meeting had gathered recommendations from the B20 Secretariat which would later be added to several new policy actions to be discussed in more depth to suit the focus and collective needs that represent the interests of the G20 Community as a whole.

"Let's work together to create and deliver the legacy of Indonesia's G20 presidency this year, both through policies and a series of side events on the real action of the task force, so that we can be fruitful and give the best to the G20," said Widyawati.

Widyawati also expressed hope that the main objective of the ESC Task Force, ensuring an inclusive process in developing policy recommendations and actions, will be achieved through meetings and discussions.

Task Force Policy Manager Oki Muraza explained that there are currently 12 main policy action inputs, from 14 policy actions discussed in the previous call meeting.

Task Force Deputy Chair Agung Wicaksono explained that the Task Force was striving to develop partnerships and collaborations, develop technology to carry out capacity building in various countries, and increase values to attract investment and financing access.

"To achieve these goals, we invite the realization of a corporate agreement and pilot project in the country, and we targeted to have it completed in September or October 2022," he said.

The B20 Secretariat offered green energy transition recommendations toward the G20 high-level meeting in Bali in November 2022. The recommendations included accelerating the transition to sustainable energy use, ensuring an adjustable and affordable transition, and welcoming global cooperation on enhancing energy security.

Contact: Fajriyah Usman, VP Corporate Communications, PT Pertamina (Persero)
M: +62 858 8330 8686, Email: fajriyah.usman@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

G20 urges World Bank to prepare FIF Establishment: Indrawati

Washington, Apr 21, 2022 – (ACN Newswire) – G20 members have urged the World Bank to immediately prepare for the establishment of the Financial Intermediary Fund (FIF), Finance Minister Sri Mulyani Indrawati stated. FIF should be formed immediately in the framework of pandemic preparedness and response (PPR) in the future, the minister emphasized.


Indonesian Finance Minister Sri Mulyani Indrawati met with World Bank Group President David Malpass at the G20's second meeting of the FMCBG in Washington D.C on Wednesday (April 20, 2022). Minister Indrawati and President Malpass discussed structural reforms and other steps toward a sustainable post-pandemic recovery.


"The (G20) presidency concluded that the World Bank should start exploring the process for developing and establishing FIF," Indrawati remarked at the second meeting of the G20 Finance Ministers and Central Banks Governors (FMCBG) press conference here on Thursday.

G20 members view FIF as being the most effective choice for new financial mechanisms, especially in preparing for other potential pandemics in future. Indrawati believes this is because the establishment of FIF is viewed as being able to overcome the financing gap in the health sector as had occurred during the current COVID-19 pandemic.

"Most (G20) members agree on the need for a new financial mechanism dedicated to addressing the financing gap in PPR," she stated, explaining that G20 members hope that the establishment of FIF would mitigate the health financing needs in line with the World Health Organization's (WHO's) expectations.

Moreover, G20 members called on the World Bank to explore discussions on the governance and operational regulations of FIF by involving the WHO. "There is widespread support for WHO and the World Bank regarding the assessment of significant financing gaps that need to be addressed," Indrawati remarked.

Earlier, on April 1, the Indonesian finance and health ministries resumed the third G20 Joint Finance and Health Task Force (JFHTF). At the meeting, JFHTF co-chair Wempi Saputra invited G20 member countries to draw up a financing action plan for pandemic preparedness and response (PPR).

"The third JFHTF meeting is an important step for all member countries in drafting the financing strategies for prevention, preparedness, and response to the pandemic or PPR," Saputra stated.

Meanwhile, one of the main agendas of Indonesia's G20 Presidency is global health architecture.

Written by Astrid H, Kenzu T, Editor: Suharto (c) ANTARA 2022

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