IHSG opens with positive momentum before emergency PPKM enforcement

Jakarta (ANTARA) – The Indonesia Composite Stock Exchange (IHSG) at the Indonesia Stock Exchange (BEI) on Friday morning strengthened prior to the emergency public activity restrictions (PPKM) being enforced by the government from July 3, 2021.

The IHSG opened 14.12 points, or 0.24 percent higher, to 6,020.07. Meanwhile, the group of 45 leading stocks, or the LQ45 index, climbed 4.01 points, or 0.47 percent, to 851.14.

“Ahead of the emergency PPKM enforcement, we projected the IHSG to show mixed movement during today’s trade,” the Samuel Security research team wrote here on Friday.

The government has decided to enforce emergency PPKM on July 3-20, 2021, in Java and Bali.

Worship houses, public facilities, and shopping centers will be temporarily closed. Operational hours and the capacity of shops or markets that sell items of daily need are limited. In addition, restaurants are not allowed to offer dine-in services. As many as 24,836 new COVID-19 cases were reported in Indonesia on Thursday (July 1), a record tally during the pandemic. As of Friday, Indonesia registered a total of 2.2 million COVID-19 cases.

In terms of vaccination, as of Thursday (July 1), the first doses of vaccine were administered to 30.18 million people, or 16.6 percent of the target set at as many as 181.5 million people. Meanwhile, the second doses were given to 13.6 million people.

On the external front, the US stock exchange closed positive last night. Based on its data, unemployment claims fell to 364 thousand during early last week or fewer as compared to 415 thousand claims during the corresponding week that recorded the fewest number during the pandemic. Moreover, according to ISM Manufacturing data, the Purchasing Managers Index (PMI) fell to 60.6 by June, from 61.2 during the corresponding month.

The US’ non-agricultural employment data on June, trade balance on May, and unemployment level on June, will be released tonight, it stated.

In the Asian regional markets on Friday, the Nikkei Index soared 105.66 points, or 0.37 percent, to 28,812.7; Hang Seng Index plunged 330.25 points, or 1.15 percent, to 28,497.7; while the Straits Times Index rose 11.9 points, or 0.38 percent, to 3,136.09.

Source: Antara News

Police confiscate 528.55-kg dried cannabis from four suspects in Aceh

Takengon, Aceh (ANTARA) – The National Police seized 528.55 kilograms (kg) of dried marijuana from four suspected drug traffickers apprehended from several locations in Aceh Province on June 24, 2021.

The suspects were identified as IB (42), IS alias UG (44), MA (35), and RD (37), the National Police’s Criminal Investigation Division Deputy Chief Sen. Coms. Jayadi SIK stated.

IB is a resident of Bireuen District, while three others are all residents of Nagan Raya District, he noted in a press statement that ANTARA quoted here, Friday.

The four suspects have been charged with violating Indonesia’s drug law that may face between four and 12 years imprisonment as well as liable to face death penalty.

Jayadi noted that the suspects also had marijuana plantations, adding that for investigation purposes, the police had also confiscated five hand phones and a cannabis rosin press from them.

The drug raid operations conducted by the police from January to May this year had resulted in the uncovering of 1,334 drug cases involving 1,610 suspects and the retrieval of 2.1 tons of cannabis, Jayadi stated.

On June 9, 2021, a joint team of personnel from the National Police and Aceh Police uncovered a Jakarta-Palembang-Medan drug ring and also seized 198 packs of dried cannabis, weighing a total of 223.95 kg, he remarked.

Based on the police investigators’ analysis and local communities’ tip-off, Takengon Town in Central Aceh District and Nagan Raya District are vulnerable to marijuana trafficking operations conducted by drug syndicates. Indonesia remains under grave threat from drug dealers, as several individuals from its working-age population have become siphoned into a vicious circle.

The National Narcotics Agency’s (BNN’s) report of some 50 Indonesians dying of drug use daily has failed to deter drug users in the country from consuming these banned substances.

The users of crystal methamphetamine, narcotics, marijuana, and other types of addictive drugs come from different communities and socio-economic and cultural backgrounds.

According to the result of a survey by the BNN and Indonesian Institute of Sciences (LIPI), Indonesia has over 3.4 million drug users. In response to the smuggling of illicit drugs by drug kingpins and traded in the country over the past few decades, the Indonesian government continues to apply harsh punitive action against them. (INE)

Source: Antara News

Indonesia’s famous puppeteer Ki Manteb Soedarsono dies at 73

Karanganyar (ANTARA) – Renowned puppeteer Ki Manteb Soedarsono passed away at the age of 73 at his home in Sekiteran, Doplang Village, Karangpandan Sub-District, Karanganyar District, Central Java, on Friday at 9:45 a.m. Western Indonesia Time (WIB), according to his family.

Doplang Village Secretary Ade Irawan, the nephew of Soedarsono, stated that he died at 9:45 local time owing to illness.

According to Irawan, Soedarsono’s health condition had declined since Monday (June 28) after conducting a live puppet show.

There was a brief improvement in the famous puppeteer’s health condition, albeit thereafter declining again on Thursday (July 1).

The family was keen to take him to the hospital, as it was full. Soedarsono was finally able to undergo treatment at home until he died.

Soedarsono is survived by six children and one adopted child and a wife.

Soedarsono’s body has been buried in the family cemetery in the Keliteran neighborhood unit (RT) 02 community unit (RW) 08 in Doplang Village on Friday.

Health protocols were followed during the burial process to prevent the transmission of COVID-19 on Friday.

Source: Antara News

Hytera launches 4G & 5G solutions to serve the MNO and vertical industry markets

Shenzhen, China–(Antara/Business Wire)- Hytera has introduced its new 4G/5G portfolio including its industry-leading HyXG O-RAN solution. HyXG forms a key part of Hytera’s total solution aimed at serving the MNO and vertical industry markets. It comprises DU board, O-BBU and a high-end Edge-Node. The online launch event was held on 29 June 2021 to coincide with MWC Barcelona 2021. Hytera believes more than ever that openness and innovation are important to society. Enterprises need a holistic approach to help them tackle the challenges they face and to instigate progress and change. The communications ecosystem needs to collaborate to explore innovative digital network solutions, which will transform enterprises across the globe.

Hytera HyXG O-RAN solution

5G technology will empower enterprises by underpinning the Industry 4.0 revolution. 5G, combined with the innovative, open standards approach promoted by the O-RAN Alliance, will enable a more competitive and vibrant RAN supplier ecosystem leading to faster innovation, greater collaboration and reduced risk of vendor lock-in.

O-RAN will deliver a more open, intelligent, virtualized and fully interoperable RAN architecture based on open hardware and cloud with intelligent management of radio and platform resources and service quality. By delivering a more efficient RAN, O-RAN will reduce operator CAPEX and OPEX.

O-RAN architecture is largely defined for 5G, but Hytera has developed a dual-mode 4G and 5G architecture for its HyXG O-RAN solution. This allows customers to implement 4G or dual-mode 4G/5G networks now, and then easily upgrade to 5G networks in the future.

Following O-RAN specifications, HyXG splits the RAN into three independent parts: the CU (centralized unit), DU (distributed unit), and the RU (radio unit). Hytera has separated the 4G and 5G DU cards, which interconnect with the CU to enable simple “plug and play” connectivity. The boards are based on SoC chipsets, which support higher throughput, lower latency and reduced energy consumption. They feature an open front-haul interface enabling easy connection to third-party RUs.

Hytera is releasing basic and enhanced O-BBU (baseband unit) models, both of which provide converged 4G/5G capabilities. The enhanced model can also be configured as a standalone MEC (mobile edge computing) node. The BBU can be deployed as a combined CU/DU unit to provide legacy BBU functions or separate standalone CU or DU mode.

The versatile ‘all-in-one” Edge-Node provides a mobile edge computing (MEC) platform, which can be configured to deliver both base station and edge computing functions simultaneously. It can also be configured as a 4G/5G dual-mode BBU, support centralized network management functions, and provide a multimedia broadband services platform.

Hytera’s unique value as a PMR provider in the 5G era

Hytera has supplied different vertical markets with PMR (Professional Mobile Radio) solutions for 28 years with a strong focus on growth and innovation. But customer demands are changing, they are looking for converged and intelligent ICT solutions supporting integrated voice, data and video multimedia services.

As a result, Hytera is adapting itself to meet its customers’ needs by developing innovative 4G and 5G solutions. But the vertical market is highly fragmented and each sector requires a lot of customization. This is a huge challenge for mobile operators and other new entrants to the vertical market.

Compared with these new entrants, Hytera is in a unique position to address the 5G vertical applications market, as it has accumulated a huge wealth of experience in providing different sectors with customized solutions.

Flexible business and collaboration models

Hytera offers customers a range of flexible business options when deploying its 4G/5G solutions, from just using an open protocol software stack or a module in their own products to deploying a full end-to-end solution. This flexible and open approach enables a high degree of collaboration and customization to meet customer needs.

Mr. Jiang Yelin, CEO of Hytera, said: “Hytera is willing to cooperate with a variety of ecosystem partners to empower the vertical industry evolution to digital, broadband and 5G.”

Source: Antara News

RI, Dutch concur on intensifying cooperation over sustainable palm oil

Jakarta (ANTARA) – Indonesia and the Netherlands reached an agreement to increase cooperation in the production of sustainable palm oil and other vegetable oils following a meeting between Indonesian Foreign Minister Retno Marsudi and her Dutch counterpart, Sigrid Kaag.

Under the existing cooperation between the two countries, the Netherlands has, so far, assisted Indonesia in a capacity building program for palm oil growers in Sumatra and Kalimantan, Marsudi noted during an online media briefing from The Hague on Thursday.

The five-million euro program to be implemented from 2019 to 2023 is aimed at helping smallholder farmers in securing Indonesian Sustainable Palm Oil (ISPO) certificates.

“Looking ahead, this cooperation will be expanded to cover other vegetable oils in the context of contributions to SDGs 2030,” Marsudi remarked. In a nutshell, sustainable palm oil is palm oil produced in compliance with the no deforestation, no peat development, and no exploitation (NDPE) policy to ensure sustainability.

It also promotes traceability for transparency in the supply chain to ensure environment-friendly practices and community welfare support, including fair transactions for smallholder farmers.

The Netherlands is one of the biggest markets for Indonesia’s palm oil in the European Union. Palm oil constitutes nearly 15 percent of Indonesia’s exports to the Netherlands.

In 2019, the Netherlands’ imports from Indonesia were valued at US$3.1 billion, making it the biggest market for Indonesia’s exports among European Union members.

The Netherlands is also the second-biggest investor among European countries in Indonesia after Switzerland, with investment value reaching an estimated US$1.4 billion in 2020.

Source: Antara News

Third-quarter economic growth rate hinges on emergency PPKM: minister

Jakarta (ANTARA) – Economic growth in the third quarter will depend on the emergency Restrictions on Community Activities (PPKM), according to Finance Minister Sri Mulyani.

“The outlook for economic growth in the third quarter is expected to weaken, lower than the projection of 6.5 percent, as the emergency PPKM on July 3-20 will be relatively tighter, almost the same as the situation during the February-March period,” Sri Mulyani noted during an online press conference here on Friday.

The minister remarked that the rate of economic growth in the third quarter will be determined by the duration of the emergency PPKM. If the restrictions only last for a fortnight and are effective in containing the number of COVID-19 cases, then the impact of restrictions on the third-quarter economic growth will be relatively limited.

“However, if the duration (of restrictions) is up to one month, then (emergency restrictions) will have a significant impact, especially on the level of consumption,” she explained.

If consumption drops due to the impact of the emergency PPKM, then the decline will affect the outlook for consumption growth. “The level of public consumption is estimated to be corrected again, and the components that are potentially affected by the decline in basic non-consumption areas are transportation, communication, recreation, and clothing,” she noted.

However, Sri Mulyani expects the investment rate to be stable, as the restrictions allows construction operations on grounds that health protocols are stringently imposed. Meanwhile, exports are also expected to maintain high growth in line with the export-import performance until May 2021.

As for the second quarter, the finance minister has projected relatively good economic growth, and it is not affected by the surge in COVID-19 cases since the increase in new cases occurred in the second and third week of June. Meanwhile, the new emergency PPKM will be implemented in early July.

“We saw a slight decline in June. However, we are optimistic that the decline is not much. Hence, for the time being, we estimate the outlook for economic growth in the second quarter to lie between 7.1 to 7.5 percent,” the minister remarked.

Source: Antara News

PKH, Basic Food Card funding disbursal expedited in early July: govt

Jakarta (ANTARA) – The Indonesian Government has decided to expedite funding disbursement for the Family Hope Program (PKH) and Basic Food Card (Kartu Sembako) in early July in response to the enforcement of emergency micro-scale public activities restriction (PPKM).

“For this third quarter, we will accelerate the disbursement in July. Beneficiaries of the program will receive the funding for three months at once in July,” Finance Minister Sri Mulyani Indrawati stated during a virtual press conference here on Friday.

Fund allocation for PKH in 2021 has reached Rp28.31 trillion. As of the second quarter of the year, Rp13.96 trillion was disbursed to the beneficiaries.

Of the total disbursement, Rp6.83 trillion went to 9.67 million beneficiaries in the first quarter and Rp7.3 trillion was distributed to 9.9 million beneficiaries in the second quarter.

“We hope to achieve the target of 10 million beneficiaries and different assistance index depending on the family composition,” Sri Mulyani remarked. Annual social assistance of Rp3 million is allocated for pregnant mothers and pre-school children, Rp900 thousand for elementary school children, Rp1.5 million for junior high school students, Rp2 million for senior high school students, and Rp2.4 million for disabled and senior citizens.

Meanwhile, funding allocation for the basic food card reaches Rp42.37 trillion in 2021, but as of June, only Rp17.75 trillion had been distributed to 15.9 million beneficiaries, out of the 18.8 million beneficiaries.

“Some three million beneficiaries have yet to receive the aid of Rp200 thousand per month,” she noted.

The government has also extended the disbursement of Cash Social Assistance for two months to support people impacted by the imposition of the emergency micro PPKM.

Aid, totaling Rp11.94 trillion for 9.6 million beneficiaries, with each receiving Rp300 thousand per month, was initially solely offered for the January-April period.

The government has raised the budget for the aid by Rp6.1 trillion for the extension, targeting 10 million beneficiaries in 34 provinces, which will be disbursed at once in July, Sri Mulyani stated.

Source: Antara News

Canadian warship HMCS Calgary on Operation Projection docks in Jakarta

Jakarta (ANTARA) – Canadian warship Her Majesty’s Canadian Ship (HMCS) Calgary made a port of call in Jakarta on July 1-3 whilst sailing through the Indo-Pacific on Operation Projection.

HMCS Calgary’s deployment on Operation Projection reflects Canada’s commitment to global peace and security and an opportunity to build ties and hone interoperability with partner nations, according to a press statement by the Canadian Embassy in Jakarta received here on Friday.

The ship will conduct cooperative deployment with the Indonesian Naval Ship KRI Bung Tomo on July 3 before heading to the coast of Australia where it will practice interoperability with Australian, American, and other regional partners during Exercise Talisman-Sabre.

Exercise Talisman-Sabre is the largest bilateral combined training activity between the Australian Defence Force (ADF) and the United States military.

Canadian Ambassador to Indonesia, Cameron MacKay, accompanied by Canadian Ambassador to ASEAN, Diedrah Kelly, visited the ship at the Port of Tanjung Priok on Friday where they were both welcomed by the ship’s crew that remained onboard the ship.

“HMCS Calgary’s visit to Jakarta is a concrete demonstration of Canada’s growing partnership with Indonesia and our joint commitment to peace, security, sustainability, and prosperity at home and abroad,” Ambassador MacKay stated.

“HMCS Calgary is very glad to have the opportunity to work with our Indonesian partners as we sail through the Indo-Pacific on Operation Projection. Maintaining interoperability between our nations is important to ensuring regional peace and maritime security,” Commander Mark O’Donohue, the commanding officer at HMCS Calgary, remarked.

HMCS Calgary has been deployed since February. On Operation Projection, the ship has, so far, visited Brunei, Vietnam, and Singapore.

The Canadian warship recently travelled to the Middle Eastern waters for the counterterrorism mission Operation Artemis where they conducted maritime interdiction and security operations with the 34-nation coalition Combined Maritime Forces and Canadian-led Combined Task Force 150.

On Operation Artemis, HMCS Calgary was successful in breaking the record for the largest amount of heroin seized, largest quantity of impounding, and maximum quantity of illicit narcotics seized by any ship on a rotation in the history of deployment.

With the conclusion of Operation Artemis, the ship is again on Operation Projection.

After Australia, the ship is scheduled to visit New Zealand and Fiji before returning to Canada in September.

Source: Antara News