Indonesia’s state-owned hospitals prepare isolation rooms as COVID-19 cases up

JAKARTA, Mar 16, 2020 – (ACN Newswire) – State-owned hospitals, under the Indonesian Healthcare Corporation (IHC) Pertamedika, will help the government handle the spread of coronavirus (COVID-19), including through treating and isolating patients at their facilities, State-Owned Enterprises Minister Erick Thohir stated.

"There are in all 65 state-owned hospitals, with special treatment rooms and 155 beds, and 66 safe houses," he noted in a statement received in Jakarta, Monday. He made the statement during a visit to the Pertamina Jaya Hospital in Jakarta on Thursday (Mar 12).

The number of people infected with COVID-19 in Indonesia continues to grow, with government spokesperson for COVID-19 handling, Achmad Yurianto, declaring that 117 had confirmed positive for the virus in Indonesia as of 5 a.m. local time on Monday (Mar 16).

Minister Thohir expressed confidence in the hospitals, under the state-owned facilities' network, and their abilities to offer treatments to those diagnosed with COVID-19.

"I am very confident. They can also provide better treatment than those offered at private hospitals, as we focus on serving the people rather than on mere business profits," he stated.

IHC Pertamedika comprises 65 hospitals located across Indonesia. Four facilities in Jakarta and Banten, include the Central Pertamina hospital, Krakatau Medika hospital, Pertamina Jaya hospital, and Pelni hospital.

Meanwhile, Central Java and East Java are home to the PHC hospital in Surabaya, Lavalette hospital in Semarang, Cirebon hospital, and Cilacap hospital.

The 12 hospitals located in Sumatra include the Plaju hospital in South Sumatra, Bakti Tuman Muntok hospital in Bangka Belitung, Prima Inti Medika hospital in Aceh, and Pangkalan Brandan hospital in North Sumatra.

Meanwhile, Kalimantan houses five health facilities: the Balikpapan hospital, Tanjung hospital and Danau Salak hospital in South Kalimantan, Parindu hospital in West Kalimantan, and Tarakan hospital in North Kalimantan.

In the eastern part of the country, an IHC Pertamedika hospital is located in Sorong, West Papua, with the Sorong hospital.

Director of IHC Pertamedika Dr. Fathema Djan Rachmat had informed ANTARA recently that apart from isolation rooms with negative pressure, she had prepared standard operational procedures for the treatment of patients under observation for COVID-19.

Rachmat also spoke of IHC Pertamedika having developed a tracking system to find potential cases.

"Indonesia stands united against this pandemic, so we need to develop a tracking system to identify patients or people under surveillance," she explained. — Antara.

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Further Analyzing Coronavirus Cases against Average Temperatures

TOKYO, Mar 11, 2020 – (ACN Newswire) – A group of consultants at Azabu Insights Inc., a strategic consulting company in Azabu Juban Tokyo, have been analyzing data to understand the correlation between air temperature and spread of the coronavirus (Covid-19).



1. Outbreak in Japanese Prefectures, Mapped Against Average Temperature Celsius


2. Total Infection Cases, Countries with more than ten Covid-19 cases (excl. China)


3. Total Infection Cases, Countries with more than ten Covid-19 cases (incl. China)


4. Percentage of Top 51 Countries with Outbreaks


5. Percentage Case Increases by Selected Region


6. Case Counts and Monthly Temperatures, 51 Countries with more than ten Covid-19 cases



Last week we made the case that coronavirus seems to be spreading more in colder countries than in warmer countries and that there might be some respite for the Northern Hemisphere countries if we can make it to the warmer part of spring without numbers jumping up too aggressively.

This weekend we analyzed more data, more carefully, in two geographic models. First, we analyzed the number of cases in each of Japan's forty-seven prefectures (akin to States in the US). Second, we looked at countries and their mean monthly temperatures. Lastly, we looked at velocity of growth.

Japan Cases Overrepresented in Colder Prefectures

Japan is interesting to look at. Despite having only 126 million people living in 377,900 square kilometers (about the size of Montana), it spreads North and South from latitudes in line with Maine and Florida. The temperature dispersion is, not surprisingly, significant. Okinawa, which has about the same latitude as Miami, Florida, had an average February temperature of 16 degrees celsius (61 fahrenheit), whereas Sapporo, which has a latitude similar to Portland, Maine, had an average temperature of minus 4.2 degree celsius (24.4 fahrenheit).

In the below chart we included all of the prefectures of Japan, sorting them with the most Coronavirus infections at the top and going all the way down to zero infections at the bottom. An analysis of the prefectures below shows a number of interesting insights. First off we see that all of the areas with significant infection counts are considered either cold or very cold in February. Okinawa, as mentioned, is a warmer prefecture and had only three cases despite being one of the areas with many Chinese tourists.

We color coded the average temperatures across prefectures for every month of the year (the average of low and high temperature) into five categories, as below. The next insight is that most of the prefectures will need to wait until April or May to reach the February temperatures of Okinawa; temperatures will remain high through October.

1. Outbreak in Japanese Prefectures, Mapped Against Average Temperature Celsius
http://www.acnnewswire.com/topimg/Low_Azabu20200310-1.jpg

International Outbreak vs Temperature: 94-98% of Cases in Cold Regions

We next analyzed the international outbreak vs. temperature. Again, some interesting insights come through. First off we noticed that fourteen of the top fifteen countries were all "very cold" or "cold" in February. One country, Spain, was classified as "middle" temperature; it has the seventh most cases (as of March 8, 2020). Spain had an average temperature of eight degrees in February which, while certainly not hot, was somewhat warmer than the average of three degrees across the top fifteen countries.

Further, we noted that there are currently fifty-one countries with at least ten cases. Of the total number of cases 22,967 or roughly 93 percent were in "cold" or "very cold" regions, excluding China. This number would be 103,655 or roughly 98 percent of cases including China. There were 880 cases in warm and middle regions and 753 in hot regions.

2. Total Infection Cases, Countries with greater than ten Covid-19 cases (excl. China)
http://www.acnnewswire.com/topimg/Low_Azabu20200310-2.jpg

3. Total Infection Cases, Countries with greater than ten Covid-19 cases (incl. China)
http://www.acnnewswire.com/topimg/Low_Azabu20200310-3.jpg

Looking at it on a country basis, just over half of the top fifty-one countries were in cold or very cold regions. Again, we caution not to read too much into this, since the aggregate numbers are skewed so high to cold regions. Cases do exist in many warm countries, but there are less of them and they seem to be spreading less quickly.

Further drilling down we see that Singapore and Hong Kong had 138 and 108 cases respectively, a large number amongst hot countries. These countries have a huge number of Chinese visitors but had surprisingly low outbreak rates. They are also interesting because they are very much "indoor" cities, where many people spend their time in large air conditioned buildings and indoor pedestrian walkways and shopping malls. From our discussions with people in Hong Kong and Singapore and from media reports we know that both cities have worked very aggressively to combat the outbreak. It is unclear whether their success is due to their hard work in combating it or due the temperature support or a combination.

4. Percentage of Top 51 Countries with Outbreaks
http://www.acnnewswire.com/topimg/Low_Azabu20200310-4.jpg

Upcoming Winter in the Southern Hemisphere

One concern that we identified was, as the northern hemisphere warms in May and June, that the Southern Hemisphere would be entering their colder winter months and, as such, potentially see an increase in outbreaks and the speed of spread of coronavirus.

On closer examination however we see that Southern Hemisphere winters are milder than many places in the Northern Hemisphere. For example, Hobart is Australia's coldest city and has an average temperature of 8.2 degrees celsius in July which would be classified as "middle" temperature. Similarly Bloemfontein in South Africa (7.2 degrees) and Santiago in Chile (8.2 degrees) are mild. Note, some smaller cities in the Southern and mountainous areas of South America, have colder temperatures, such as Punta Arenas in Chile with a July temperature of 1.5 degrees.

Overall we are hopeful that the milder Southern Hemisphere winters will result in slower spread and less outbreaks through the middle of 2020.

Long Summers in Many Countries

We see that many countries are clustered closer to the equator. This includes South East Asia, much of South Asia, the Middle East, the majority of Africa and much of South and Central america. Of the 51 countries where we have seen at least 10 cases, 23 of them have 6 months or more classified as "hot", with 13 of these countries "hot" all year round. Following the assertion that coronavirus spread is slower in hotter environments, this high number of hot months bodes well for a slowing of the spread of the virus over the ensuing months.

Conversely, we hold concerns for countries with very short summer seasons, particularly in Northern Europe. Global financial center London in the UK for example, only has 2 hot months for the year as does Amsterdam in the Netherlands. While Russia may see less inflow and outflow of people than London it is an outlier with every month of the year either cold or very cold. The potential for outbreaks and continued spread in these countries remains and should be continue to be monitored closely.

Velocity of Spread

A final insight from the data comes from an analysis of the velocity of growth in warm versus cold regions. We found, when analyzing the ten regions we had previously looked at, that the rate of growth of the cases between March 3 and March 8th was faster in the colder regions (average growth of 185%) than in the warmer regions (average growth of 50%). This is to say, while Singapore had a fair number of cases early, their growth from March 3rd to 8th has been slow (only 25%). Cases for countries, such as Washington State (467%) France (397%), Iran (288%), and Italy (189%) all grew very quickly, during the same period. Amongst warm regions we had reviewed, one concern was Malaysia, which had cases jump 158%.

5. Increase in cases by region
http://www.acnnewswire.com/topimg/Low_Azabu20200310-5.jpg

Within Japan we also looked at velocity and found a major jump in Japan's second largest city, Osaka. Osaka is another cold populous city (8.8 million people) with lots of train travel and public gatherings. Numbers jumped to fifty-five cases from eight cases, a growth of 412%. Local media is reporting that this is connected to a cluster around live music events. Japan has also faced a shortage of masks in the past week, with many convenience stores receiving shipments of only two or three masks at a time. Rough counts on the street seem to show less people wearing masks than a week ago, when they were more available.

Osaka is Japan's second largest city and is home to a number of very famous listed companies, which may be further affected by the outbreak. These include: Takashimaya (TSE1: 8233), Capcom (TSE1: 9697), Teijin (TSE1: 3401), Panasonic (TSE1: 6752), Daikin Industries (TSE1: 6367).

Refer to the table below to view the cases and average temperatures in the fifty-one countries with ten or more cases. Looking at the pattern of temperature rise across the most affected countries, we see that most will need to wait at least until April or May (and some as late as June) to be classified as "warm" or "hot". There is then a respite until about October when temperatures will drop and be very supportive of the virus spread again.

6. Case Counts and Monthly Temperatures for 51 Countries with greater than ten Covid-19 cases
http://www.acnnewswire.com/topimg/Low_Azabu20200310-6.jpg

Conclusions

As with our previous article, we conclude that Covid-19 can spread in warm regions but seems to spread much more quickly in colder regions. We hope that countries and regions around the world will aggressively work to keep the virus at bay until the summer months and hope that the warm temperatures will support further containment.

Comments on our analysis are welcome at the email below.

About Azabu Insights

Azabu Insights is a boutique strategic consulting company based in Azabu Juban, Tokyo, Japan. Our teams work collaboratively with clients to build strategies that lead to positive change. Our multilingual team members have top tier academic backgrounds and deep industry experience that we leverage to provide first class, fully engaged, strategic consulting. Core specializations include life sciences, finance, electronics, automotive, aerospace and other industries. For more information contact: info@azabuinsights.com.


Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

SOE Hospitals Holding Pertamedika set to tackle Coronavirus Spread

JAKARTA, Mar 9, 2020 – (ACN Newswire) – Indonesia's government, through the State-Owned Enterprise (SOE) Ministry, instructed government-owned hospitals in the Indonesian Healthcare Corporation (IHC) Pertamedika to establish crisis centers and isolation rooms during the emergency period to handle the spread of coronavirus (COVID-19).



Ministry of SOE of Republic of Indonesia Erick Thohir



Moreover, the hospitals should be equipped with other medical supplies, including long-sleeves biohazard gowns, aprons, disposable head caps, N95 masks, safety goggles, gloves, and boots.

"State-owned hospitals are located in almost every area in Indonesia. Hence, crisis centers should be built as a precautionary measure against the emergence of patients suspected of having contracted the coronavirus," Minister of State-Owned Enterprises Erick Thohir noted in a statement received here, Monday.

Reports were received of at least six confirmed cases of COVID-19 since March 2. All six patients are being quarantined in Jakarta.

In response to the first few confirmed cases in Indonesia, IHC Pertamedika, a network of 65 state-owned hospitals across Indonesia, prepared supporting facilities and COVID-19 alert teams, as well as standard operational procedures to handle coronavirus cases.

Chief Executive Officer of IHC Pertamedia, Dr Fathema Djan Rachmat stated that negative pressure isolation rooms were prepared to handle the increasing number of patients.

"We are also considering the construction of a field hospital equipped with various treatment facilities for coronavirus patients," she stated.

Rachmat spoke of innovations made to the tracking system for suspected COVID-19 cases. The Chinese government has successfully applied such tracking systems.

"We are ready to conduct this simulation," she emphasized.

Furthermore, other SOEs have contributed to the efforts to prevent the spread of coronavirus in the country, including the SOE in the pharmaceutical field, Bio Farma, which has begun the research for a COVID-19 vaccine.

PT Angkasa Pura I and II, operational management companies of the country's airports, had prepared isolated parking areas for aircraft that came in from countries with confirmed coronavirus infections.

Meanwhile, SOEs in the transportation sector, including railway management company PT Kereta Api Indonesia, have activated their onboard clinics and inspections on several routes. — Antara.

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Will Coronavirus (Covid-19) Weaken in Springtime in the Northern Hemisphere? Covid-19 Seems Overrepresented in Colder Climates

TOKYO, Mar 6, 2020 – (ACN Newswire) – A group of consultants at Azabu Insights Inc., a strategic consulting company in Azabu Juban Tokyo, have been analyzing data to understand the correlation between air temperature and spread of the coronavirus (Covid-19). We wondered if the coronavirus was spreading more widely in colder climates and if this suggests some respite in the warmer months for the northern hemisphere.



Table 1: Beijing data as a proxy for Chinese travelers, based on available data. Source: ChinaTravelGuide


Table 2: In most cases we used country-wide data, while specifically noting the epicenter of the outbreak for temperature data. Source: Various weather sources.



Our team members came up with the hypotheses when looking at lists of countries and regions with the most affected patients. We compared this to our "expectations" of most affected areas based on our understanding of where we saw large numbers of travelers from China. This was later backed up by travel data.

Within Japan we noticed large outbreaks in Hokkaido (Japan's most northern and very cold island) and very few outbreaks in Okinawa (Japan's subtropical southern island). Okinawa is a place that one might have expected to see a large outbreak as we knew that the Diamond Princess cruise ship docked there and many passengers got off the ship on February 1st. However, only three cases have been found in Okinawa, where the average temperature in February is 17 degrees Celsius. On the other hand in Hokkaido, where the average temperature in the outbreak epicenter of Kitami was -7 degrees Celsius in February, there have been seventy-seven cases (as of March 3, 2020).

Hokkaido and Okinawa are comparable in other ways. Both Hokkaido and Okinawa have large numbers of Chinese travelers. Both are comparatively more reliant on car travel than much of the rest of Japan. And while Hokkaido has a larger population of 5.3m compared with Okinawa's 1.5m, Hokkaido's much larger area leads to Okinawa having a much higher population density at 640/km2 versus Hokkaido's 63 persons/km2.

From a business perspective they are also similar in having multiple listed companies related to banking, power, and cellular. Hokkaido has many more listed companies, however, with broader offerings that include retail, food, service, and others. Hokkaido is also home to the Sapporo Securities Exchange (SSE) and Ambitious (AMB).

Okinawa's listed companies include: The Bank of Okinawa Ltd. (TSE1: 8397); Bank of the Ryukyus, Limited (TSE1: 8399); Okinawa Electric Power Company (TSE1: 9511), Okinawa Cellular Telephone Company (JASDAQ: 9436), SAN-A Co., Ltd. (TSE1: 2659). Hokkaido listed companies include: Hokkaido Electric Power (TSE1: 9509), Kanamoto Co., Ltd. (TSE1: 9678), Sapporo Clinical Laboratory (JASDAQ: 9776), CE Holdings (TSE1: 4320), as well many others.

Looking at a country level we saw a similar relationship between cold weather and high infections. We first examined the three countries where Beijing travelers are said to travel most frequently: Japan, Thailand, and Korea. Although 19% of Beijing tourists travelled to Thailand (data from first quarter 2019), there were just 43 cases of Covid-19 confirmed. In contrast, Japan has 980 confirmed cases (including the Diamond Princess). Korea had more than 10 times more cases (4,812) despite having less than half the Chinese tourists that Thailand sees.

For reference refer to table 1 of Beijing tourists, and table 2 of temperatures in selected countries.

Looking at other regions where outbreaks have occurred also seemed to indicate a similar correlation of cold temperatures to high numbers of infections. The six cold regions that we analyzed had comparatively high outbreak numbers while the four warm regions had lower numbers compared to our expectations based on movement patterns of Chinese travelers.

In table 2 one can see that the cold areas of Wuhan, South Korea, Italy, Iran, France, Tokyo, Hokkaido all have fairly high numbers compared to expectations. The warm regions, including Singapore, Thailand, Malaysia and Okinawa all had fairly small numbers compared to expectations. Washington State would also be considered cold and news articles suggest that the outbreak may be growing faster than the current confirmed count would suggest.

Our researchers acknowledged that such a small sample size of regions does not provide statistical significance. Yet, we believe that starting to see patterns may be helpful in understanding the virus spread.

Are we suggesting that the virus cannot not spread in warmer clients? Certainly not. There have been at least 500 confirmed cases (as of March 3, 2020) in warm climates. However, there have been many more in colder climates with 10,178 (excluding Wuhan). This number would reach 90,329 if Wuhan cases were counted.

Data on the longevity of the virus on surfaces in different temperatures provides support to our hypotheses. A study published in the Canadian Journal of Microbiology referring to a different coronavirus (coronavirus 229) stated, "viral infectivity was completely lost after a 14-day incubation period at 22, 33, or 37 degrees C but remained relatively constant at 4 degrees C for the same length of time." This again indicates that colder temperatures support the virus better.

Additionally, studies conducted by Ruhr University Bochum and the University of Greifswald indicated that some coronaviruses could survive on surfaces for 28 days or longer at 4 degrees Celsius; in warmer temperatures coronaviruses ceased to be persistent after only a few hours or days.

This does not indicate that infections spread more from surface contact, which we have not studied. But it does suggest that the virus has less ability to survive in warmer climates.

Does all of this suggest that the Coronavirus will absolutely go away in spring? We think not. Based on the data showing spread, albeit at a slower pace, in warm climates, we believe people will continue to be infected. However, it might suggest that if communities continue to make the right decisions about virus control, they might get a positive boost from warmer weather come spring and summer.

About Azabu Insights

Azabu Insights is a boutique strategic consulting company based in Azabu Juban, Tokyo, Japan. Our teams work collaboratively with clients to build strategies that lead to positive change. Our multilingual team members have top tier academic backgrounds and deep industry experience that we leverage to provide first class, fully engaged, strategic consulting. Core specializations include life sciences, finance, electronics, automotive, aerospace and other industries. For more information contact: info@azabuinsights.com.

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

ZALL Sources Medical Supplies from Across Asia to Fight the Coronavirus in Wuhan and Hubei

SINGAPORE, Mar 2, 2020 – (ACN Newswire) – ZALL Smart Commerce Group (ZALL), the premier e-commerce group in Asia, is leading the charge to donate medical supplies and humanitarian aid to the field hospitals and quarantine facilities in Hubei and Wuhan as the battle against the coronavirus (2019-nCoV) outbreak continues.

To date, ZALL has provided six air cargo shipments of quality medical supplies, including masks, protective clothing, goggles, gloves and disinfectants, sourced from Asian countries including Cambodia, India, Japan and the Philippines for the equivalent of RMB60 million (S$11.9 million).

Mr Peter Yu, ZALL Deputy Chief Executive said, "We were the first company to react to the shortage of medical resources in Wuhan, mobilizing partners across the Asian region to deliver emergency medical supplies including 3.2 million facemasks and 210,000 of medical protective clothing on 26 January, within 48 hours of the city's lockdown, tapping our global end-to-end supply chain networks and resources in Asia."

On the ground, ZALL partnered with local healthcare to set up seven emergency hospitals and two quarantine field facilities in Wuhan and Hubei, comprising of 7,500 beds to alleviate the severe hospital bed shortage at the epicentre, and donated 10 new negative-pressure ambulances to transport coronavirus patients.

Since the lockdown, all flights and passenger train services from Wuhan have been cancelled and stopped, while intra-city transport such as buses, subways, and ferries have been suspended. The Hubei government has further imposed a ban on vehicle transport across the province to curb the spread of the virus.

Despite these restrictions, ZALL was able to secure the assistance of governments, embassies and civil aviation authorities in China, Cambodia and Japan, designating green lanes for expedited customs clearance, and arrange air cargo shipments for the emergency medical deliveries to Hubei and Wuhan.

"We have our eyes on global supply chains, and our immediate efforts have been to provide assistance to areas where we are seeing the greatest shortages in medical aid and equipment. We have been working with best efforts to alleviate the crises," added Mr Yu.

ZALL incorporates environmental and social sustainability as part of its long-term growth strategy, and has invested in a number of sustainable development initiatives across the region. These include building schools to provide equal access to quality education, supporting the breeding of critically endangered species to protect terrestrial ecosystems and biodiversity, investing in clean and affordable energy to tackle climate change, and digital banking to cater to the underserved SMEs and retail customers in Asia.

Since 2018, ZALL has invested in four projects in Singapore, including the Commodities Intelligence Centre (CIC), Singapore's first physical commodity eTrading platform (B2B) powered by blockchain technology; ZMA Smart Capital, an online trade finance company; ZALL Chain Technology, a blockchain solutions company; and the recent application for the Singapore digital banking licence. Through these and future initiatives, ZALL hopes to contribute to the development of digital finance, blockchain solutions and the trading ecosystem in Singapore.

[1] Seven emergency hospitals and two quarantine facilities: ZALL Changjiang Emergency Hospital; ZALL Jianghan Emergency Hospital; ZALL Dabieshan Emergency Hospital; ZALL Panlong Cheng Emergency Hospital; ZALL Luotian Emergency Hospital; ZALL Jingjiang Emergency Hospital; ZALL Suizhou Emergency Hospital; ZALL (Wuhan Keting) Quarantine Facility; Wuhan International Exhibition Centre ZALL (Jianghan) Quarantine Facility.
[2] ZALL donated RMB60 million towards building the Sanli Fan Dehe Primary School with 36 classes for over 1,500 students in support of access to quality education.
[3] ZALL supports the breeding program of the Aythya Baeri (Baer's Pochard), a critically endangered diving bird, to protect terrestrial ecosystems and biodiversity. Only 1,000 remain globally, of which 300 gather in Wuhan.
[4] ZALL invests in affordable and clean energy, cooperating with mining companies such as Indonesia's PT AME, to enable independent power plants to generate less coal ash and comply with global emissions standards through clean coal technology. ZALL further facilitated the shift towards clean energy with the international procurement and distribution of LNG in China through Singapore.
[5] ZALL operates Z-Bank, a digital bank in China which supports more than 12 million SMEs and retail customers (as of 12/2019). The Group currently leads a consortium for the digital bank license in Singapore.

About ZALL Smart Commerce Group Ltd
ZALL (2068.HK) is Asia's leading business-to-business ( B2B ) e-commerce group, with a footprint wrapping the globe. ZALL is engaged in businesses across many sectors, including the property development of wholesale trade centres; hotels, exhibition and tourism; port construction and operation, port and warehouse leasing, logistics services and supply chain management and trading services; e-commerce platforms; and digital banking business.

ZALL develops and operates Asia's largest B2B offline-to-online trade ecosystem, in China / Southeast Asia / Singapore, with more than 30 B2B platforms across China, US and Singapore, and a GFA of more than 10 million sqm of wholesale trade centres in China. In 2018, ZALL achieved a GMV of more than RMB 600 billion (US$85.2 billion), serving over 1 mil SME customers worldwide. For more information, please visit http://en.zallcn.com/

Media enquiries:
PRecious Communications for ZALL Smart Commerce
Email: ZALL@preciouscomms.com
Phone: +65 6303 0567

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

PT Hutama Karya exceeds forecasts, reports 43% increase in profits

JAKARTA, Feb 12, 2020 – (ACN Newswire) – State-owned construction company PT Hutama Karya (Persero) reported solid financial performance through the third quarter ended September 2019, according to the company's unaudited financial statements. Hutama reported net profit of Rp 2,101 trillion, an increase of 43% from the third quarter 2018, and no less than double the September target set last year, and a full 95% of the annual profit target. This achievement was driven by streamlined work flows, efficiencies in procurement and general business innovation, leading to cost of sales decreasing 82%.







"By the end of 2019, Hutama Karya had finished constructing 469.5 km of the JTTS (Trans-Sumatra Toll Road), with 373 km of the highway fully toll operated, including the 140 km Bakauheni-Terbangi Besar section, the 189 km Terbangi Besar-Pematang Panggang-Kayu Agung section, and the 13 km Medan-Binjai and 22 km Palembang-Indralaya sections. Meanwhile, the 74 km Sigli-Banda Aceh section and 131 km Pekanbaru-Dumai sections 1-6 are presently under construction," said President Director of Hutama Karya, Bintang Perbowo.

Bintang says that Hutama Karya hopes to finish construction of the Trans-Sumatra Toll Road by 2024 and is ready to work on other national strategic projects. "To finish the construction of Trans-Sumatra for 2024, Hutama Karya requires some Rp460 trillion of total investment. Through September 2019, the company's Gross Gearing Ratio was 0.67, with 2.25 of the debt covenant. So the company still has a room to add sources of funding," Bintang says.

In order to fulfill the loan portion as one of the funding sources, Hutama Karya is planning to issue a global bond in the near future. "We are currently preparing for the Global Ratings process and other permissions," adds Bintang.

Hutama Karya was assigned by the government to develop and operate the 24-section 2,769 km Trans-Sumatra Toll Road, connecting Aceh Province with Lampung Province. Currently, there are 12 priority sections being constructed, which are expected to boost the regional as well as national economy. This mega project also makes Indonesia part of the Asian Highway Network, the land transportation network with 141,000 km international standard highways that passes through 32 countries in Asia and Europe.

The Indonesian government assigned the construction with good reason. "The government intends to maximize the natural resource potential by industrial down-streaming, which will accelerate regional and national economic growth; making Sumatra a new growth engine for Indonesia," Bintang continues.

"The existence of Trans-Sumatra will provide many logistical as well personal benefits in Sumatra due to shorter travel time, which will reduce the logistics costs for local products, as well as natural resources and other resources which can be distributed faster with affordable cost. The priority is to expedite the mobility of goods and people, such as from Aceh to Belawan Port, Medan and Kualanamu International Airport, which will boost the tourism industry, increase the commuter flow in Stabat-Binjai-Medan, and reduce the congestion in Medan."

One of the most important indicators for measuring the success of the Trans-Sumatra Toll Road will be the regional development of Sumatra after the integrated infrastructure has been built. "We are anticipating the Sumatra region to attract commercial and industrial projects. Our studies identify at least 84 planned infrastructure projects in the non-property segment around Trans-Sumatra, comprising industrial areas, airports, ports, streets and bridges, irrigation and dams, and energy and rail projects," Bintang said.

PT Hutama Karya (Persero)
Muhammad Fauzan, Corporate Secretary
Media enquiries:
Intan Zania, Corporate Communication
Phone: +82 21 810 3708 ext.504
Email: Intan.Zania@hutamakarya.com


Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

ACT to Send 10,000 Boxes of Masks to Indonesians in Hong Kong

JAKARTA, Feb 8, 2020 – (ACN Newswire) – The outbreak of coronavirus which began in China now threatens people around the world. While it is unknown how the virus is transmitted and as no treatment has been found, the World Health Organization (WHO) declared the outbreak a Public Health Emergency of International Concern (PHEIC). A coordinated international response is required to mitigate it.



Roughly 265,000 of our Indonesian countrymen in Hong Kong need help with masks to protect themselves from the coronavirus. Let's move, help immediately! [Translation from the Indonesian.]




"The coronavirus epidemic has become a humanitarian crisis," said Ahyudin, Chairman of the Board of Trustees of ACT, at a press conference this week. "We have to understand that it is humanity that is afflicted. And this should become the momentum for moving the community forward to face this humanitarian crisis. It is fitting to make this dangerous outbreak a global humanitarian moment."

Ahyudin said humanitarian and government institutions were needed together to overcome the crisis. "Together, regardless of nation, race or religion, we will find a solution. Moreover, this is a global crisis, and our brothers are at risk such as the workers from Indonesia (WNI) in Hong Kong," he said.

There are some 265 thousand Indonesian workers in Hong Kong who are at risk from the epidemic. Seeking to protect their health, they are wearing masks, which are now in short supply. "Public demand is soaring while supplies are running low because masks prevent the coronavirus from spreading," said Yana, an Indonesian worker in Hong Kong.

ACT responded to the call for masks with a target of 10,000 boxes for Indonesian citizens in Hong Kong. "2,500 mask boxes will be sent for our brothers and sisters in Hong Kong in the first batch," says Sucita Ramadinda of the ACT Global Humanity Response Team. In addition to distributing masks, ACT is preparing sanitation kits and food packages for Indonesians in Hong Kong.

ACT distributed masks to Indonesian citizens arriving from China at Jakarta's Soekarno-Hatta International Airport, and the ACT medical team conducted a health campaign for visitors at the airport as a step in preventing the spread of coronavirus in Indonesia. — ACT NEWS. All Rights Reserved.

About ACT Foundation

ACT Foundation (Aksi Cepat Tanggap) is an Indonesian Relief which focuses on natural and humanitarian disaster management, covering emergency, rescue, medical, relief, reconstruction and recovery. Independently established in 2005, ACT has developed programs for malnutrition, famine, children, health and sanitation, education, economic empowerment, community development and social conflict. ACT is engaged in 30 provinces and 100 cities in Indonesia, and sponsors aid missions across 22 countries in Asia, Europe and Africa. Visit us at https://global.act.id/ and follow ACT NEWS on https://news.act.id/ and ACT TV on https://actnews.tv.


Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Maybank Marathon Raises the Bar in Bali 2020

BALI, INDONESIA, Feb 7, 2020 – (ACN Newswire) – Maybank Indonesia today announced the date for the ninth Maybank Marathon event in Bali, an world label road race event to be held this year on August 30, 2020. Registration opens on Feb 25 at 12:00 WIB on www.balimarathon.com. Categories of the competition are marathon (42.195 km), half-marathon (21.0975 km), 10K and kids dash.





This year's Maybank Marathon has been designated a World Athletics 'Bronze Label' Road Race by World Athletics, and becomes the first marathon in Indonesia to have achieved this prestigious label. The 'Bronze Label' is only awarded to a marathon event that fulfills all the international requirements and regulations and has been verified by World Athletics.

Taswin Zakaria, President Director of Maybank Indonesia says, "Our achievement in obtaining the World Athletics 'Bronze Label' not only affirms our Maybank Marathon as an international standard, but places Indonesia as a country that has international marathon event." The Marathon is also included in the Abbott WMM Wanda Age Group World Rankings, allowing runners to earn rank & points according to Abbott WMM criteria.

To assist runners' preparations towards the marathon event, Maybank Indonesia will conduct series of running activities "Road to Maybank Marathon" in the next six months. In partnership with medical experts, nutritionists and running coaches, runners are welcomed attend marathon preparation trainings and education classes prior to the Race Day.

These classes include running clinics and Sunday Morning Runs. Runners may also attend classes to get familiar with and manage to finish race before cut-off time (COT), these COTs will be implemented on every category i.e.10K with 2 hour COT, half marathon with 3.5 hour COT and marathon with 7 hour COT.

"With the Bronze Label, we are committed to continuously improving our race quality in terms of race comfort and safety, in particular improvements over race infrastructure, quality of medical facilities in the field, and implementation of 'You Register, You Run' to ensure that runners are those who are registered within our database," said Taswin.

Maybank Marathon is an international event with a touch of Balinese culture, natural beauty and hospitality of the people. Each year since the inaugural marathon, Maybank Indonesia conducts sustainable and socially responsible programs for the Balinese community in Gianyar and Klungkung. This year's series of economic empowerment and educational support programs will again be carried out by Maybank Indonesia for those local communities.

Maybank Marathon has been the premier marathon in Indonesia, listing in the official directory of the Boston Marathon, and receiving international honors as one of eleven "Remarkable races in the world that you must participate in before you die", The Active, one of "The 52 Best Races on Earth 2016" by Runnersworld, and Best Marathon 2016 and Most Popular Sports Event 2018 by Venue Magazine.

PT Bank Maybank Indonesia Tbk (Maybank Indonesia) is one of the largest banks in Indonesia and part of the Maybank Group. Maybank Indonesia provides a full range of products and services for individual and corporate customers through Community Financial Services (Retail Banking and Non-Retail Banking) and Global Banking. Maybank Indonesia also develops Digital Banking services through Mobile Banking, Internet Banking and Maybank M2U.

Maybank Indonesia has 380 branches including Syariah branches across Indonesia, 21 Mobile Cash Cars and 1,601 ATMs with CDMs (Cash Deposit Machines) connected to over 20,000 ATMs incorporated in ATM PRIMA, ATM BERSAMA, ALTO, CIRRUS, and 3,500 Maybank ATMs in Singapore, Malaysia and Brunei. As of September 2019, Maybank Indonesia managed customer deposits of Rp115.6 trillion with total assets valued at Rp177.9 trillion.

For further information, contact:
Esti Nugraheni
Corporate & Brand Communications
Maybank Indonesia
Tel. +62-21-2922-888



Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com