Day: November 9, 2021

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Modelo, UFC, and Rebuilding Together Bring Local Gym Revitalization Efforts in Seattle

Modelo

Modelo

Gym refurbishments empower the Fighting Spirit at Cappy’s Boxing Gym with help from UFC fighter and Washington native Michael Chiesa

CHICAGO, Nov. 09, 2021 (GLOBE NEWSWIRE) — Modelo, the beer brewed for those with The Fighting Spirit™, along with long-standing partner UFC®, the world’s premier mixed martial arts organization, and national housing nonprofit, Rebuilding Together, announced the completion of renovations to Cappy’s Boxing Gym located in the Central District of Seattle, Washington. Cappy’s Boxing Gym is the fourth and final gym that Modelo, UFC and Rebuilding Together will renovate this year as a part of their initiative to boost the Fighting Spirit across the nation at select gyms that make a positive impact in their communities.

“The work that Modelo has been able to do with UFC and Rebuilding Together revitalizing local gyms is an incredible victory for everyone involved,” said Rene Ramos, Vice President of Lifestyle and Experiential, Sponsorships for Constellation Brands. “We look forward to unveiling the next steps for this social impact program to continue our dedication to creating more unified, resilient and prosperous communities.”

UFC welterweight and Washington native, Michael Chiesa, lent a helping hand in the renovation process at Cappy’s. Chiesa won the lightweight tournament during Season 15 of The Ultimate Fighter earning a contract with the world’s premier mixed martial arts organization in 2012. Since his debut inside the Octagon, Michael has become a fan favorite, registered an 11-5 record and currently ranks No. 7 in the welterweight division.

Modelo

Modelo

“It is an honor to have the opportunity to be involved with revitalizing a business that is assisting athletes in my home state,” said UFC welterweight Michael Chiesa. “The work that Modelo and UFC are doing will help a new generation to embrace their Fighting Spirit and feel inspired to go out and achieve their dreams- no matter what challenges they face.”

Founded in 1999, Cappy’s Boxing Gym has been a beloved Seattle institution for decades, offering community members a safe space to train and take boxing classes while improving overall fitness. Focused on creating a positive environment where athletes of all background can grow physically and mentally, Cappy’s offers scholarships to cover membership fees and hosts free public workouts in local parks. In addition, the gym recently launched a program with a budding nonprofit organization, Minority Veterans of America, to offer special classes focused on health and wellness for veterans.

“Boxing is much more than just physical fitness,” said Cappy’s Boxing Gym Owner Mike Priebe. “When I took over Cappy’s, I made it my mission to help athletes develop skills inside the gym that can help them in real life scenarios. The work Modelo, UFC and Rebuilding Together are doing for us will help take that mission to the next level.”

As the pandemic hit the Seattle area hard and the gym was forced to close in-person classes, Cappy’s quickly adapted to offering virtual classes on a pay-what-you-can model to continue serving its members throughout lockdown. The funds provided by Modelo and UFC helped Priebe make up for income lost during the pandemic and he was able to bring in a local artist to paint murals on the gym’s walls and get new equipment including heavy bags, gloves and focus shields and mitts.

“The completion of the Seattle project marks the fourth successful gym revitalization initiative with Modelo and UFC,” said Caroline Blakely, President and CEO of Rebuilding Together. “It is incredible that we have been able to do so much good for local communities across the nation through small businesses that play a vital role in the health and overall well-being of its residents.”

This community-based initiative coincides with the extension of the ongoing partnership between Modelo and UFC that first established Modelo as the “Official Beer of UFC” in 2018.

“UFC is pleased to extend the partnership with Modelo, an amazing brand that shares our unmatched commitment to a passionate fan base,” said Paul Asencio, UFC Senior Vice President of Global Partnerships. “We are excited about the work we accomplished this year to revamp gyms and inspire athletes across the country and look forward to seeing the next generation of fighters come from these communities.”

The gym revitalization program is another proud step for Modelo in its ongoing commitment to support the Fighting Spirit in communities across the nation. Model has donated funds to help alleviate the education debt of military veterans, funded the provision of essential supplies, equipment and resources to protect healthcare workers throughout the pandemic, and supported COVID-19 relief programming and related small business loans.

About Modelo®
Born in 1925 in the small town of Tacuba, Mexico, Modelo has been bringing distinctive high-quality beer to people ever since, including Modelo Especial®, Modelo Negra®, Modelo Chelada Especial™, Modelo Chelada Tamarindo Picante™, Modelo Chelada Limón y Sal™ and Modelo Chelada Mango y Chile™. Modelo Especial is a golden, full-flavored Pilsner-style Lager with a clean, crisp finish whose original recipe was first brewed under the vision to create a ‘model’ beer. As the #1 imported beer in the U.S., Modelo Especial surpassed 150MM cases sold in 2021. The Modelo family of beers are exclusively brewed, imported and marketed for the U.S. by Constellation Brands.

About UFC®
UFC® is the world’s premier mixed martial arts organization (MMA), with more than 625 million fans and 178 million social media followers. The organization produces more than 40 live events annually in some of the most prestigious arenas around the world, while broadcasting to nearly 900 million TV households across more than 170 countries. UFC’s athlete roster features the world’s best MMA athletes representing more than 75 countries. The organization’s digital offerings include UFC FIGHT PASS®, one of the world’s leading streaming services for combat sports. UFC is owned by global sports and entertainment company Endeavor, and is headquartered in Las Vegas, Nevada. For more information, visit UFC.com and follow UFC at Facebook.com/UFC, Twitter, Snapchat, Instagram and TikTok: @UFC.

About Rebuilding Together®
Rebuilding Together is the leading national nonprofit organization repairing the homes of people in need and revitalizing our communities. Through its national network of affiliates, Rebuilding Together works proactively and collaboratively with community leaders, long-term residents, funders and volunteers to foster dialogue and create safe, healthy communities across the country. Learn more and get involved at rebuildingtogether.org.

Media Contacts:

Elisabeth McClure

Elisabeth.McClure@ketchum.com

Stephanie McGuane

Stephanie.McGuane@cbrands.com

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/44f6c0fc-6ab4-49b2-818d-31052be35dc8

https://www.globenewswire.com/NewsRoom/AttachmentNg/e7970076-0835-42ac-8f0c-cab2aa0b106a

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Nasdaq Private Fund Manager Diversity, Equity and Inclusion Data Will be Free to Investors on February 16, 2022

Nasdaq Working with ILPA and FCLTGlobal to Ensure Data Standardization

NEW YORK, Nov. 09, 2021 (GLOBE NEWSWIRE) — Nasdaq has today announced that it will collect and make its private fund manager diversity, equity, and inclusion (DEI) data available for investors free of charge via the Nasdaq eVestment platform in an effort to improve transparency and disclosure standardization across the industry. The data will be available starting on February 16, 2022.

Nasdaq has worked with the Institutional Limited Partners’ Association (ILPA) and FCLTGlobal to ensure its data collection aligns with ILPA’s newly published Diversity Metrics template, and respective guidelines published by each group. By aligning to these industry standards for private fund manager DEI data, Nasdaq aims to reduce barriers to information being shared and in turn increase ease of access and transparency for asset owners into the DEI efforts of private fund managers.

Private fund manager DEI data will be accessible to qualifying institutional asset owners within Nasdaq eVestment’s private markets database, which includes profiles on more than 6,000 private fund managers detailing investment strategy, fund performance and more.

“Fund managers have experienced significant challenges in trying to comply with requests from investors asking for different data points in varying formats,” said Katey Bogue, Vice President and Head of Nasdaq Private Fund Solutions. “We first need to remove that friction and then we can support meaningful changes through accurate and reliable data. Through our collaboration with ILPA and FCLTGlobal we hope to provide an efficient and streamlined framework for DEI disclosure and enhanced transparency for the investment community.”

Private fund managers are invited to provide their data to Nasdaq’s eVestment platform beginning today, to ensure their firm is accurately represented prior to access being granted to qualifying institutional asset owners. In line with the templates published by ILPA and FCLTGlobal, Nasdaq’s eVestment platform will collect and make available information on:

  • Diversity metrics for investment company firm ownership, investment committee and professionals.
  • Aggregated diversity metrics for board and senior management of private funds’ portfolio companies.

Diversity dimensions include gender, race/ethnicity and identification as LGBTQ+, veterans and persons with disabilities.

“We’re thrilled to see Nasdaq adopt the designations and structure of our Diversity Metrics template into their DEI data collection initiative and to also take a significant step in driving transparency into the level of progress the industry is making around diversity,” said Jen Choi, Managing Director of Industry Affairs, ILPA. “Ensuring consistency of how information is communicated across the industry by aligning with the guidelines we and FCLTGlobal have published will also have a positive impact on the empowerment of limited partners, which we’re always pleased to support.”

Nasdaq’s collaboration with ILPA and FCLTGlobal underscores the demand from asset owners to understand the state of DEI across their entire portfolios – both public and private markets strategies. Today’s announcement is an expansion of the DEI initiative announced in June to provide investors with free access to traditional asset manager and hedge fund manager DEI data through its eVestment database. To read more about that effort, please click here.

To learn more about this initiative, register for access to the dataset or submit your firm’s information, visit https://privatemarkets.evestment.com/diversity-inclusion

About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a global technology company serving the capital markets and other industries. Our diverse offering of data, analytics, software, and services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions and career opportunities, visit us on LinkedIn, on Twitter @Nasdaq, or at www.nasdaq.com.

About eVestment
eVestment, part of Nasdaq, provides institutional investment data, analytics and market intelligence covering public and private markets. Asset managers and general partners reach the institutional marketplace through our platform, while institutional investors and consultants rely on eVestment for manager due diligence, selection and monitoring. eVestment brings transparency and efficiency to the global institutional market, equipping managers, investors and consultants to make data-driven decisions, deploy their resources more productively and ultimately realize better outcomes.

Media Contact
Mark Scott
mscott@eVestment.com
+1 (646) 899-0149

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Governor pushes to increase fish consumption to prevent stunting

Governor of West Sumatra Mahyeldi called on the public to boost fish consumption as a means to create a new, smart generation free of stunting.

“Consumption of fish offers many benefits, including fulfilling the nutritional needs to support the birth of a healthy and intelligent young generation, avoiding the risk of stunting, and supporting the economy,” he noted in Padang, West Sumatra, on Tuesday.

Mahyeldi remarked that currently, the stunting rate among West Sumatrans was quite high, at 27 percent. Hence, the government is making varied efforts to suppress and also eradicate it, including by encouraging people to consume fish more frequently.

Based on the Global Nutrition Report, Indonesia is included in 17 countries that have nutritional problems, including stunting, being underweight, and obesity.

“As for the people of West Sumatra, fish consumption reaches only 39 percent. This (figure) has not reached the target. Hence, it is necessary to take steps to unite all stakeholders to encourage an increase in fish consumption, starting from our families and the people around us,” he noted.

The fish eating campaign is a national-scale program to increase fish consumption among members of the public that plays an important role in the process of strengthening national food security.

The Maritime Affairs and Fisheries Office launched some programs to encourage fish consumption, such as all-fish cooking competitions, and fish-based meal innovation competition and coaching or development of the area with the reported stunting rate.

Moreover, the high consumption of fish will increase the demand for the commodity.

It can boost the development of fisheries businesses, ranging from aquaculture and capture fishing to processing.

“With the development of the fishery business, the price of fishery products will be stable, it will help to absorb more labor, and grow industries and other supporting businesses, so that they can drive the economy,” he affirmed.

On the occasion, Governor Mahyeldi also stipulated the Management of the Forum for Increasing Fish Consumption (Forikan) in West Sumatra in accordance with the Governor’s Decree Number 523.6 – 335 – 2021.

West Sumatra’s efforts to reduce the stunting rate, through fish consumption to provide nutrients, aligns with the national efforts to resolve the issue.

Head of the National Population and Family Planning Agency (BKKBN) Hasto Wardoyo had noted that as many as two million children were at risk of stunting during the COVID-19 pandemic.

According to Wardoyo, one of the factors that caused this was the fact that many Indonesian women suffer from anemia.

At least 36.3 percent of young women are currently deemed anemic in the country, he added.

The high rate of anemia is due to an improper lifestyle, attributed to incorrect or extreme diet to the extent that the body starts experiencing nutrient deficiencies, among others, he stated.

 

 

Source: Antara News

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Pertamina applies four approaches to support climate village program

PT Pertamina (Persero) has been implementing four community-based adaptation and mitigation approaches to support the government’s climate village program on reducing the carbon emission.

“In conducting the climate village program, Pertamina facilitates multi stakeholders and multilevel collaboration in implementing a concrete climate action at local level, especially in each nearby village from our operation areas,” the company’s corporate secretary Brahmantya Satyamurti Poerwadi said during an online talk show held at the Indonesia Pavilion on the sidelines of the 26th UN Climate Change Conference (COP26) in Glasgow on Tuesday.

The four approaches taken by Pertamina are greening to increase and maintain vegetation cover, waste management, utilization of new and renewable energy (NRE) as well as agricultural cultivation with low greenhouse gas emissions to prevent land and forest fires.

In terms of greening, the state-owned energy company has been conducting a special program focusing on mangrove planting, some of which are located in coastal and offshore areas.

By having planted more than 300,000 mangroves in collaboration with the community and local governments, Pertamina has succeeded in supporting economic independency through eco-tourism program that has provided positive socio-economic impact to more than 3,000 beneficiaries.

“The preservation of mangrove has become our concern,” Poerwadi asserted, adding that such program resulted in Rp900 million of group income per year.

In accordance with its core competency in energy sector, Pertamina takes the opportunity to promote awareness and intensify the utilization of potential sources of NRE available in the community.

It aims to build energy independency at the community level as well as develop economic and value-creation for the community, he said.

“The energy sources are various from solar, wind and water—which are simply provided by the nature and can be easily found by the community in their surrounding area,” he explained.

The program has generated more than 4 million watt-peak of solar electricity and economic income valued close to Rp200 million per year.

Pertamina is also improving its competencies in waste management by transforming waste to energy. Through this program, Pertamina develops the use of biogas for cooking and electricity needs, also transforming used cooking oil into biofuel.

“The program is implemented in a number of areas. The utilization of more than 400,000 cubic meter of methane gas per year is estimated to create added value for more than 5,000 beneficiaries,” Poerwadi explained.

In the agricultural sector, Pertamina and the community in Sumatra area have made a unique breakthrough program by empowering the firefighter groups.

The program carried out consists of developing technology to extinguish forest and land fires, as well as cultivating of productive plant on peat land.

“With this activity, the community has succeeded in taking steps to prevent forest fires. In addition, Pertamina also helps the community to develop integrated farming,” he informed.

Through the program carried out in several operation areas within total area of more than 100 hectares, Poerwadi said that it has a positive impact on more than 1,000 beneficiaries and also improve the group of income with total value more than Rp900 million per year.

“We believe that to achieve climate action target, all elements at various levels should work hand in hand to build climate resilience and minimize the greenhouse gas emissions,” he remarked.

Indonesia is aiming to create 20,000 climate villages by 2024, in order to encourage people to improve climate resilience through adaptation actions and contribute to reducing greenhouse gas emissions through mitigation.

According to the Environment and Forestry Ministry’s Director General of Climate Change Control Laksmi Dewanti, the country currently has had around 5,100 climate villages since the program was developed in 2012.

She emphasized that the government has been cooperating with private companies to implement the program, which is considered as the innovative approach of public private partnership for climate change action.

“Strengthening the involvement of community and all stakeholders is one of the key aspects of the implementation of NDC (nationally determined contribution) and the success in achieving the NDC targets, both to reduce the greenhouse gas emissions and build the climate resilience,” she stated, during the same occasion.

 

 

Source: Antara News

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Ministry allocates Rp394.5 billion for building pharmacy sufficiency

The Health Ministry has allocated Rp394.5 billion for priority activities aimed at building health device and pharmacy sufficiency in 2022, Health Ministry’s planning and budget bureau head, Bayu Teja Muliawan, has said.

“This budget is split for several priority activities, namely production of health devices, medicinal raw materials (BBO), medicines, traditional medicines, and domestic vaccines,” he informed at an event observed from here on Tuesday.

The government has allocated Rp85 billion for designing domestic health device production regulations and fulfilling the need for 10 most-demanded health devices, based on value and volume, through domestic production, he said.

The budget will also be used to conduct research and clinical trials for domestic health devices and monitor the quality of domestic health devices, he added.

Meanwhile, the ministry has allocated Rp162 billion for the production of domestic medicinal raw materials, medicines, and traditional medicines through the formulation of domestic BBO, medicine, and traditional medicine regulations, Muliawan said.

The allocation of Rp162 billion will also be used to fulfill the need for 10 most-demanded medicine molecules through domestic production, meet the requirement of 40 essential medicines, conduct research and clinical trials, and produce phytopharmaca, he disclosed.

The ministry has also set aside Rp147.5 billion to formulate domestic vaccine regulations, fulfill the requirement of 14 routine vaccines and COVID-19 vaccines through domestic production, and carry out research and clinical trials for domestic vaccines, he said.

According to Muliawan, the domestic pharmacy industry should be encouraged to become more independent so that medicines, especially essential ones, in basic health services can continue to be provided.

“If we are not independent, this indicator may not be met. For instance, a shortage of amoxicillin in one district can cause an uproar. To this end, pharmacy independence has become important,” he explained.

Currently, pharmacy and health device industry independence is still encountering problems concerning the quality of primary services, he pointed out.

These problems comprise inadequate human resources, low quality of services, inadequate stocks of medicines and health devices, and deficient public health center (puskesmas) budgets, he said.

In connection with inadequate human resources, Muliawan drew attention to how in 2019, around 50 percent of puskesmas in Maluku and Papua did not have a doctor, 60 percent of puskesmas did not have laboratory facilities, and 33 percent of puskesmas did not have a pharmacist.

 

 

Source: Antara News

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Densus 88 arrests five suspected terrorists in East Java

The National Police’s Counterterrorism Squad, Densus 88, apprehended five suspected terrorists affiliated to the Jamaah Islamiyah (JI) terror group in East Java.

“The arrests of five suspected terrorists in East Java began early today,” Chief of the Public Information Section at the National Police’s Public Relations Division Senior Commissioner Ahmad Ramadhan stated in Jakarta on Tuesday.

The five suspected terrorists are identified by their initials as BA, AAS, AN, RH, and MA. They were arrested in several districts in East Java, such as Bojonegoro, Gresik, Kendiri, and Sumenep.

The arrests of the five suspected terrorists affiliated to the JI terror group in East Java is related to the delivery of firearms and training for JI cadres and military instructors.

“If I am asked about the link between JI in Lampung and JI in East Java, of course, they are linked to one another because in the JI organizational structure, region A and region B are related to one another in terms of fund raising and deployment of personnel, he stated.

Densus 88 found no alms boxes as evidence while arresting suspected terrorists in Lampung.

However, the police are still striving to find information related to JI’s fund-raising activity in East Java.

“No alms boxes were found in East Java, but we will conduct in-depth investigation to check for fund-raising activity,” he remarked.

 

 

Source: Antara News

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SOEs Ministry devises five-tier rescue plan for Garuda Indonesia

The State-Owned Enterprises Ministry has said it is devising a rescue plan involving corporate business transformation for national flag carrier Garuda Indonesia, which is currently embroiled in a financial crisis.

“We are striving to devise the best formula to rescue the airline by prioritizing business transformation,” State-Owned Enterprises Deputy Minister II, Kartika Wirjoatmodjo, told Commission VI of the House of Representatives (DPR RI) at the Parliament Complex, Jakarta, on Tuesday.

The ministry has identified inefficient and poor corporate governance in the past as the main reason for the airline’s current financial issues, he informed.

The government is planning five measures to rescue Garuda Indonesia from bankruptcy, with the first measure being cutting flight routes served by the airline, Wirjoatmodjo revealed.

Garuda Indonesia would see its flight routes reduced from 237 to 140 super premium routes, with the focus shifting to domestic destinations, he said. The number of international flights will also be reduced, he added.

“Unfortunately, this measure would cause significant reduction of flights in several airports,” he noted.

The second measure is reducing the combined fleet of Garuda Indonesia and subsidiary Citilink of 202 aircraft to 134 aircraft by 2022, he informed.

The airline fleet reduction would see the aircraft model used by the airline streamlined into seven types, the deputy minister added.

Renegotiation of aircraft leases, which is aimed at lowering the lease price in proportion to the current market rate, is the third measure devised to rescue the airline, he informed.

The fourth measure is to enhance the utilization of aircraft belly capacity to increase revenue from cargo flights and to digitize the airline’s operation, Wirjoatmodjo said.

Chasing revenue opportunities from extra facilities offered through the unbundling scheme, product expansion, and implementation of dynamic pricing strategy is the fifth measure planned for the airline, the deputy minister revealed.

Wirjoatmodjo expressed the hope that Garuda Indonesia’s balance sheet will improve and positive performance will be recorded after the airline rescue plan is implemented.

Despite the concrete planning, the business transformation and restructuring plan for the flag carrier must be able to attract new capital to kickstart the plan implementation, he said.

“What is important right now is that the creditors would agree to our rescue plan, as without their consent, we can do nothing,” the deputy minister said.

 

 

Source: Antara News

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Govt continuing to replenish COVID-19 vaccine stocks: official

The Indonesian government is striving to meet national COVID-19 vaccine needs by restocking vaccines, an official has said.

With the arrival of the 116th batch of vaccines, four million Sinovac doses are ready to be distributed to regions across the country, director general of information and public communication at the Ministry of Communications and Informatics, Usman Kansong, said in a statement issued on Tuesday.

“The Sinovac vaccine again arrives in Jakarta in the form of a ready-to-use vaccine. This time, 4 million doses arrive this afternoon,” he added.

Since the beginning, Indonesia has received Sinovac vaccines in two forms—finished form and in the form of raw materials that need to be processed (bulk) further, he noted.

Indonesia has so far received 100 million Sinovac doses in finished form and 153 million Sinovac doses in bulk, Kansong said.

The raw materials received from Sinovac have been processed to make 124.4 million finished vaccine doses, he informed.

“So, in total, we already have 330,378,350 doses of vaccine from various brands in Indonesia, both in bulk and finished form,” Kansong explained.

The COVID-19 vaccine will always be made available for the public until the vaccination target is achieved and all people in Indonesia have received the vaccine, he affirmed.

The government is committed to providing COVID-19 vaccines to protect the health of all levels of society from the coronavirus, he said.

Kansong also reminded people who have not been vaccinated to immediately take the shot to protect themselves, their family, and the whole community.

“Currently, there are 125 million people in Indonesia who have received the first dose of vaccination and 79 million of them have completed the vaccination,” he informed.

Kansong urged the public to follow the health protocols amid the sloping cases of COVID-19 since several countries are experiencing a spike in COVID-19 cases.

For this reason, joint efforts from all parties are needed to prevent a spike in cases or a third wave of infections in Indonesia, he added.

“Stay alert and learn from the experiences of countries in Europe that are experiencing a spike in cases,” Kansong cautioned.

 

 

Source: Antara News

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