Webtel.mobi to Announce Details of Potentially Sector-Influencing Facilities, in the Coming Weeks

WM’s Suite of Products includes multiple Facilities potentially influencing a number of sectors – including some of the most valuable worldwide

Tel.mobi Group’s TUVs

Examples of Tel.mobi Group’s TUVs in relation to a variety of currencies – CHF, EUR, GBP and USD’

ST PETER PORT, Guernsey and NEW YORK, Sept. 24, 2021 (GLOBE NEWSWIRE) — Webtel.mobi (“WM”) – the Global Telephony Company that recently announced its recommencement of unrestricted global operations – is in the process of making details of the various facilities in its product suite publicly available.

WM recently issued releases regarding its TUV Digital Currency, its TUV Digital Currency Transfers Facility and its ICLM Transfers Facility, the capacities of which render current Cryptocurrencies redundant, supersede the requirement for CBDCs and provide two fully operational alternatives to the SWIFT system and other international and national transfers systems.

These are, however, only three of the more than 40 Facilities within WM’S product suite that have the potential to provide strategic impact or sector-influencing impact, across some of the largest markets in the world by volume and value.

In the coming weeks, WM will announce details on how its Facilities will influence the Global Offline Payments sector, the Global Online Payments Sector, the Global FX Market, and various other markets.

In order to create a system in which Digital Currencies could function on a global basis – and in a manner that did not infringe of the currency sovereignty and monetary policies of Central Banks or States – WM spent nine years testing and refining its system in fully-operation, but restricted, global operations.

It then took down its Platform 1, via which it executed its testing, and rebuilt from scratch its refined Platform 2 – to carry out unrestricted global operations. Platform 2 – which took three years to rebuild – incorporates all of the lessons learnt in the global testing, and is fully compliant with all regulations applicable to a telephony company in the ITSP sector, that provides services to a members-Only Closed-Loop system.

WM’s Platform 2 is powered by an Artificial Intelligence system known as an Adaptive Complex System. The Adaptive Complex System – referred to as “HAL” within WM – exponentially amplifies WM’s capacities across all operational, management, administered and expansion aspects of its business.

WM expands its business worldwide by means of Affiliates – known as VSMPs or Virtual Specialized Mobile Providers. It provides existing companies or entities with their own versions of WM at zero cost and zero personnel, and with zero marketing or support requirements from them. It also provides them with 10% of the net revenue from their Affiliate. In return, the VSMPs sends or provides WM’s retail marketing directly to their existing client bases.

This program is known as the TEL.mobi Group Global Alliance – and, prior to even the recommencement of unrestricted global operations, companies, and other entities with cumulative over 288 million members had obtained VSMPs and become members of the TMG Global Alliance. Due to this methodology, WM does not ever have to execute expensive media or marketing campaigns to expand internationally. It rather expands exponentially through zero-cost co-operative marketing via the entities that acquire VSMPs.

WM had its entire system reviewed by the Levy Economics Institute and its Head of Research prior to it recommencing unrestricted global operations, and it has now made videos of an interview with the Head of Research at the Levy Economics Institute – Professor Jan Kregel – available for public review.

Media Contact:
Nick Lambert: wm@thoburns.com

Interview with Professor Jan Kregel on the WM System:
https://youtu.be/XYBrCikUhn8  (Full Interview (+/- 34 minutes)
https://youtu.be/J3BkZylb04s (Interview Extracts +/- 11 minutes)

Research Reports on the WM Global Clearing System:
https://tinyurl.com/TUVresearch

The TEL.mobi Group Global Alliance:
https://webtel.mobi/pc/info/tmg-global-alliance/

WM’s urls
https://webtel.mobi/pc (Tablets / Laptops / Desktops)
https://webtel.mobi (Smart Phones)
https://webtel.mobi/wap (Pre-Smart Mobile Phones)

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/dbdd2338-6a70-456a-a005-eb89be0c5a21

https://www.globenewswire.com/NewsRoom/AttachmentNg/170c36ce-351c-4a58-93ef-7bc67619e4b9

https://www.globenewswire.com/NewsRoom/AttachmentNg/32639e88-fa74-408e-aa7a-7e832b04b5b1

https://www.globenewswire.com/NewsRoom/AttachmentNg/a0e6ea0c-f379-49a3-a000-c606282a0c38


AKWEL: NET EARNINGS OF €38 M IN H1 2021

        Thursday 23 September 2021

NET EARNINGS OF €38 M IN THE H1 OF 2021

AKWEL (FR0000053027, AKW, PEA-eligible), the automotive and HGV equipment and systems manufacturer specialising in fluid management and mechanisms, published its 2021 half-yearly results.

Consolidated data – in € millions 30.06.2021 30.06.2020 Var. in %
Revenue 487.6 387.0 +26.0%
EBITDA 64.7 60.0 +7.9%
Current operating income 50.0 24.3 +105.8%
Current operating margin 10.3% 6.3% +4.0 pts
Operating income 50.7 25.3 +100.9%
Financial income (0.6) (1.0) -36.8%
Net result (group share) 38.0 20.2 +88.1%
Net margin 7.8% 5.2% +2.6 pts

In the first half of 2021, AKWEL recorded consolidated revenue of €487.6 m, up 26.0% on 2020 and 33.7% at a constant scope and exchange rates, but it is still down nearly 14% compared to the same period of 2019. The Group’s business was adversely affected – like the sector as a whole – by major supply difficulties in commodities and electronic components.

EBITDA reached €64.7 m, up 7.9%, and current operating income more than doubled to €50.0 m. The net income Group share was €38.0 m, up €88.1%.

Free cash flow generation remained strong at €44.4 m compared to €51.5 m in the first half of 2020.

In a context of reduced visibility on market, AKWEL expects at best a slight increase in its activity over the financial year as a whole compared to 2020, but significantly down versus 2019. Operating profitability is expected to decline in 2021, adversely affected by production disruptions and increases in costs related to supply problems.

Confident in the solidity of its model and the relevance of its strategic choices, AKWEL will continue its investments in commercial development and new mobility solutions, particularly electric and hydrogen, and continue to roll out its partnership with Tallano on braking particles.

An independent, family-owned group listed on the Euronext Paris Stock Exchange, AKWEL is an automotive and HGV equipment and systems manufacturer specialising in fluid management and mechanisms, offering first-rate industrial and technological expertise in applying and processing materials (plastics, rubber, metal) and mechatronic integration.

Operating in 20 countries across every continent, AKWEL employs almost 10,500 people worldwide.

Euronext Paris – Compartment B – ISIN: FR0000053027 – Reuters: AKW.PA – Bloomberg: AKW:FP

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Pricing of CNH Industrial Capital Canada Ltd. CAD$ 300 million notes

London, September 23, 2021

CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) today announced that its indirect wholly owned subsidiary, CNH Industrial Capital Canada Ltd., has priced CAD$ 300 million in aggregate principal amount of 1.50% notes due October 1, 2024, with an issue price of 99.936%. The notes are being offered on a private placement basis to certain accredited investors in each of the provinces of Canada, which offering is expected to close on September 28, 2021, subject to the satisfaction of customary closing conditions.

CNH Industrial Capital Canada Ltd. intends to add the net proceeds from the offering to its general funds and use them for working capital and other general corporate purposes, including, among other things, the purchase of receivables or other assets in the ordinary course of business. The net proceeds may also be applied to repay CNH Industrial Capital Canada Ltd.’s indebtedness as it becomes due.

The notes, which are senior unsecured obligations of CNH Industrial Capital Canada Ltd., will pay interest semi-annually on April 1 and October 1 of each year, beginning on April 1, 2022, and will be guaranteed by CNH Industrial Capital LLC, CNH Industrial Capital America LLC and New Holland Credit Company, LLC, each an indirect wholly owned subsidiary of CNH Industrial N.V.

The securities offered in the private placement have not been and will not be qualified for sale to the public under applicable securities laws in Canada and, accordingly, any offer and sale of the securities in Canada will be made on a basis which is exempt from the prospectus requirements of such securities laws.

The securities offered in the private placement have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or applicable state securities laws. Accordingly, the securities may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and such applicable state securities laws.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any of these securities, nor shall there be any sale of these securities, in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful. This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act.

 Contacts:

Corporate Communications

Email: mediarelations@cnhind.com

Investor Relations

Email: investor.relations@cnhind.com

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Indonesia Eximbank provides Rp50-billion for Sarinah to support MSMEs

Indonesia Eximbank has offered working capital worth Rp50 billion to the state-owned retail and trade company PT Sarinah (Persero) to support its efforts to promote Micro, Small, and Medium Enterprises (MSMEs) penetrating the global market.

“We agreed to the plan to offer financing to PT Sarinah owing to our common vision to support MSMEs entering the global market. We are also planning to collaborate for a coaching program aimed at export-oriented MSMEs, as we are striving to support their endeavor,” Executive Director I of the Indonesia Eximbank Dikdik Yustandi stated in Jakarta, Friday.

President Director of PT Sarinah Fetty Kwartati lauded the support extended by Eximbank to the company by providing additional funds for the working capital and committed to utilizing the funding to support Indonesian MSMEs to penetrate the global market.

“MSMEs will benefit from the funding. Our companies are also reciprocating to support business transformation in our respective companies,” Kwartati affirmed.

The funding will be utilized to support PT Sarinah’s curated MSMEs producing high-quality export commodities to meet global demands, she noted.

The financial capital agreement signed between the Indonesia Eximbank and PT Sarinah will open a new door for collaboration to support and develop Indonesian MSMEs as the producers of high-quality export products, Kwartati noted.

Indonesia Eximbank is designated as a Special Mission Vehicle by the Finance Ministry, with a special duty to assist MSMEs eyeing the export market.

Meanwhile, PT Sarinah remains committed to supporting curated MSMEs and promoting their products in the global market. One of the business strategies employed by PT Sarinah is to engage in a duty-free agreement with global corporations to allow products manufactured in Indonesia to be marketed in international duty-free stores.

Apart from achieving the company’s mission to develop national MSMEs, PT Sarinah remains resolute to supporting the “Proud of Made in Indonesia Products” national campaign.

Source: Antara News

Industrial Designated Areas to foster growth of regional economy

The Indonesian Ministry of Industry is upbeat that Industrial Designated Areas (KPI) will help to boost regional economic growth.

The ministry has issued the Industry Minister’s Regulation Number 30 of 2020 on Technical Criteria for KPIs, as an instrument for local governments in the planning process and establishment of KPIs in accordance with the Regional Spatial Plan (RTRW) .

“As one of the investment instruments, the KPI should be established in accordance with the criteria to attract investment and encourage regional development and boost economic growth in the region,” Director General of Resilience, Regional, and International Industrial Access (KPAII) of the Industry Ministry, Eko S. A. Cahyanto, noted in a statement received here, Friday.

Cahyanto make the remarks at an event to disseminate information on the Industry Ministry’s Regulation Number 30 of 2020 in Pontianak, West Kalimantan.

He believes that the development of industrial estates, small and medium-sized industrial centers (IKM), as well as individual industries in the KPI will be able to boost competitiveness. In addition, it can accelerate the spread and equitable distribution of national industrial development.

“To facilitate incoming investment, the government issued the Omnibus Law on Job Creation that supports various breakthroughs for business facilitation, including those related to the digitally integrated Spatial Detail Plan (RDTR)-based permit system,” he expounded.

In addition to suitability for spatial planning, the establishment of KPIs should be followed up with efforts to accelerate development and meet the needs of industrial and supporting infrastructure in KPIs.

“In the context of accelerating the KPI development program, the central and regional governments should coordinate, especially for the division of roles and authorities for the development of KPIs,” he remarked.

He later pressed for synergy between industrial development planning and the RTRW to utilize the proper allocation for KPIs in spatial planning.

“This is because investment as well as infrastructure plans and policies can be directed at the KPI location. Thus, the goal of developing KPI as a hub for industrial development can attract investment into the region,” he explained.

Cahyanto noted that the government had set 27 priority industrial areas in the 2020-2024 National Mid-term Development Plan (RPJMN) and 16 industrial areas as national strategic projects.

“Hence, the KPI technical criteria are expected to play an important role in the spatial planning process that supports accelerated development of all industrial estates in Indonesia,” he emphasized.

The ministry’s Director of Industrial Regions Ignatius Warsito drew attention to several challenges in determining KPIs that comprise the non-supportive industry location for KPIs, lack of infrastructure support in KPIs, unclear land status, and instability in KPI land prices.

“This challenge is expected to be addressed through Industry Ministry’s Regulation Number 30 of 2020,” he stated.

Earlier, Director of Regional Spatial Planning Development for Region 2 of the ATR/BPN Ministry, Eko Budi Kurniawan, noted that the RDTR is an instrument for issuing the suitability of spatial utilization activities (KKPR) as a basic requirement for business licensing.

Meanwhile, the Regional Development Planning Agency (Bappeda) of West Kalimantan Province, represented by Abdul Haris Fakhmi, stated that the West Kalimantan government will overlay the criteria in Industry Ministry’s Regulation Number 30 of 2020 to be adjusted to the Industrial Designated Area plan (KPI) in West Kalimantan’s RTRW that will soon be revised.

Source: Antara News

Indonesia is pushing for industrial downstreaming

Investment Minister, concurrently Investment Coordinating Board (BKPM) Head Bahlil Lahadalia accentuated that Indonesia was currently pushing for industrial downstreaming, as it was entering a new phase.

“Currently, Indonesia is entering a new phase. If we used to export raw materials, we are now pushing for industrial downstreaming,” Lahadalia noted in a statement here, Friday.

The statement was delivered by Lahadalia during a webinar titled “Post Pandemic Economic Recovery: Attracting Investment through Structural Reform.”

With over 17 thousand islands and a population of 270 million people, who constitute 43 percent of the population in Southeast Asia, people are sentient of the fact that Indonesia is a rich country, he noted.

“However, it is not sufficient to build Indonesia with the same old patterns. Hence, the government is currently pushing for the downstreaming of all natural resources to help in encouraging the development of electric cars and electric batteries,” the minister stated.

This is reflected in the cooperation agreement between Indonesian SOEs and the LG Group some time ago in Karawang for building an electric vehicle battery factory followed by a cooperation plan with CATL from China at the end of December.

Lahadalia invited Europe to invest in developing the electric vehicle battery industry in Indonesia.

“Why am I inviting you (Europe)? Because of the total world nickel reserves, around 24-20 percent are in Indonesia,” he remarked.

Raw materials for the production of vehicle battery are nickel, manganese, cobalt, and lithium. Thus, it provides benefits for Indonesia regarding the supply of these raw materials.

Apart from the electric vehicle battery industry, he also invited European investors to become involved in other business fields, such as coal and palm oil.

The minister has ensured that the Indonesian government will continue to make arrangements to protect the environment.

“I invite all of you to come to invest in Indonesia. The government will always help in finding the best solution for the ease-of-doing business and the sustainability of companies in Indonesia,” he added.

Source: Antara News

Turn certification challenge into an export opportunity: Ministry

Director of the Trade Ministry’s Trade Security Natan Kambuno has encouraged entrepreneurs to turn the challenge of certification requirements determined by several export destination countries into an opportunity to boost Indonesia’s exports.

“Certification requirements often become a hurdle in trade because the standard applied by export destination counties are stricter than the international standard,” Kambuno noted in his statement here on Friday.

During the second sharing session of a webinar titled “Certification Requirements as a Technical Hurdle for Trade in Export Destination Countries” in Makassar, South Sulawesi, Kambuno believes this challenge should be taken up by Indonesia’s entrepreneurs by conducting mapping and utilizing various forms of international trade cooperation.

According to Kambuno, mapping of trade standard changes was deemed necessary to address the challenge of certification requirements, so that Indonesian products can penetrate the export market.

Moreover, the government should implement various forms of international trade cooperation with trade partner nations that involves bilateral, multilateral, and regional agreements to open broader market access for various types of commodities, he stated.

Kambuno cited an example for farming, plantation, forestry, marine, and livestock products.

Through an international trade agreement, the government can conduct mutual recognition arrangement (MRA), so that Indonesia’s standard is acknowledged and the products no longer need to undergo additional test.

“Indonesia should remain optimistic in facing the new landscape that necessitates plenty of certification requirements in the trading process, especially amid the pandemic,” he expounded.

“To this end, Indonesia should develop its standard, testing laboratory, and product certification institution, so that our products can always fulfill the standard of the international market,” he noted.

During the sharing session, the Trade Ministry also involved the South Sulawesi Trade Service since South Sulawesi has a strategic role to play as one of primary port cities in Indonesia’s east region to sell the country’s export commodities abroad.

“It is very important for Indonesia’s exporters and entrepreneurs, including in South Sulawesi, to always monitor the developments, to maintain the quality of products, and to collaborate with the government,” Kambuno expounded.

Source: Antara News

Minister supports smart farming program for millennial farmers

Coordinating Minister for Economic Affairs Airlangga Hartarto echoed support for millennials farmers under the Millennial Smart Farming Program to boost productivity of the agricultural sector.

“The Millennial Smart Farming Program is expected to enhance the productivity of agricultural goods to improve food security and the nation’s economic recovery,” Hartarto noted in an official statement received here on Friday.

During the review by Minister Hartarto of the agriculture site that applies the smart farming concept in Klaten District, Central Java, he also conversed with one of the millennial farmers identified as Hartoyo.

Hartoyo had earlier worked in Jakarta, though currently he had developed a passion for agriculture as he realized that the income he earns from farming was higher.

He also updated the minister about the automated mechanization of agriculture using applications installed on mobile devices and solar power that he had been using for three months.

He noted that the concept of Smart Farming 4.0 provides a solution for farmers to mitigate the challenges of climate change.

The Millennial Smart Farming Program is implemented for millennial empowerment through the development and mentoring of digital agricultural ecosystems (IoT) from the upstream to downstream sectors, as well as to improve Village Financial Inclusion.

The program aims to implement smart agriculture with digitalization by utilizing the Internet of Things (IoT).

The other objective of this program is to establish an agricultural ecosystem by opening market access to farmers, so their incomes are guaranteed.

Another target is to optimize banking and financial inclusion in the village and strengthen the millennial farmers’ institutions that are run by various stakeholders.

Furthermore, Minister Hartarto, along with Deputy Head of Klaten District and Director of Institutional Relations of BNI, attempted to plant rice using a transplanter, an automatic planting machine.

He noted that the system could produce around six to seven tons per hectare, thereby translating to the fact that in two years, the harvest can double.

Currently, Hartarto remarked that the base price of grain was close to Rp5 thousand, as it is affected by Srinuk, a variety of Klaten’s Rojo Lele rice.

“If (all agriculture sectors) utilize technology, then productivity is expected to be higher, especially when we are already using automatic tools for planting,” he remarked.

Source: Antara News