Acronis’ Rares Matei Recognized on CRN’s 100 People You Don’t Know But Should for 2023 List

Acronis, a global leader in cyber protection

The Channel Company, has named Rares Matei, Global Distribution Program Manager at Acronis, as one of the IT channel’s 100 People You Don’t Know But Should

BURLINGTON, Mass., Sept. 25, 2023 (GLOBE NEWSWIRE) — Acronis, a global leader in cyber protection, is thrilled to announce that CRN®, a brand of The Channel Company, has named Rares Matei, Global Distribution Program Manager at Acronis, as one of the IT channel’s 100 People You Don’t Know But Should, for 2023. Every year, this list honors the people working tirelessly behind the scenes to craft and maintain the channel, sales, and marketing programs and processes their company’s partners need to succeed.

The CRN editorial team compiles the list each year to bring well-deserved attention to the best and brightest channel contributors who work outside the spotlight. The selections are based on feedback from industry executives and leading solution providers.

Rares joined Acronis in October 2021. As the Global Distribution Program Manager, Rares holds the essential role of refining Acronis’ channel program for the distribution partners, ensuring fluent day-to-day distribution operations and creating synergy between processes and people. In this position, Rares oversees establishing and maintaining Acronis’ Partner Program for Channel Distribution Partners, account governance processes, as well as developing relationships and communication channels with key stakeholders, general managers, influencers, and business unit leaders. Rares brings over eight years of experience in our IT industry. Previously, Rares worked as a Distribution Manager at Veeam Software and, prior to that as a Senior Partner Account Manager, also at the same company.

“I’m honored to receive this prestigious nomination, which affirms the daily efforts our Channel Management team and I make to keep Acronis’ distribution program seamless, and our channel partners engaged,” Rares said. “All of our valued partners rely on our ability to keep our operations stable and consistent while always striving for new areas of improvement and enhancement. I found a great mentor in Acronis’ CCO Alex Ruslyakov and couldn’t have achieved this level without the constant support of my colleagues. Thank you, CRN, and thank you, Acronis and team, for making this all possible.”

“We are excited to recognize the truly talented group of individuals making smart and strategic decisions every day, behind the scenes,” says Blaine Raddon, CEO of The Channel Company. “Thank you to the 100 People You Don’t Know But Should, for your indispensable contributions across the channel community.”

The 100 People You Don’t Know But Should list will be featured in the October issue of CRN Magazine and can be found online at www.crn.com/100people.

About Acronis
Acronis unifies data protection and cybersecurity to deliver integrated, automated cyber protection that solves the safety, accessibility, privacy, authenticity, and security (SAPAS) challenges of the modern digital world. With flexible deployment models that fit the demands of service providers and IT professionals, Acronis provides superior cyber protection for data, applications, and systems with innovative next-generation antivirus, backup, disaster recovery, and endpoint protection management solutions powered by AI. With advanced anti-malware powered by cutting-edge machine intelligence and blockchain based data authentication technologies, Acronis protects any environment – from cloud to hybrid to on premises – at a low and predictable cost.

Acronis is a Swiss company, founded in Singapore. Celebrating two decades of innovation, Acronis has more than 2,000 employees in 45 locations. Acronis Cyber Protect solution is available in 26 languages in over 150 countries and is used by 18,000 service providers to protect over 750,000 businesses.

About The Channel Company
The Channel Company enables breakthrough IT channel performance with our dominant media, engaging events, expert consulting and education, and innovative marketing services and platforms. As the channel catalyst, we connect and empower technology suppliers, solution providers, and end users. Backed by more than 40 years of unequalled channel experience, we draw from our deep knowledge to envision innovative new solutions for ever-evolving challenges in the technology marketplace.
thechannelcompany.com

Follow The Channel Company: TwitterLinkedIn, and Facebook

© 2023 The Channel Company, LLC. CRN is a registered trademark of The Channel Company, LLC. All rights reserved.

The Channel Company Contact:
Natalie Lewis
The Channel Company
nlewis@thechannelcompany.com

Contact:
Karl Bateson
Acronis
Karl.Bateson@acronis.com

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GlobeNewswire Distribution ID 8927467

At the Monaco Smart & Sustainable Marina Rendezvous focus on Eco-Innovation

At the Monaco Smart & Sustainable Marina Rendezvous focus on EcoInnovation

TURIN, Italy, Sept. 25, 2023 (GLOBE NEWSWIRE) — Everything is ready for the Monaco Smart & Sustainable Marina Rendezvous. Organised by Monaco Marina Management (M3), experts in development, management and promotion of marinas & yacht clubs, the event takes place at the Yacht Club de Monaco on the 24-25th September. Final stage then for candidates in the run up to the International Smart & Sustainable Marina Awards, that will be presented at the end of the event which enables financiers, policymakers and innovators to get together and be put in contact with the whole marina ecosystem with a backdrop of sustainable tourism. The International Smart & Sustainable Marina Awards will be announced for three categories, Startups & Scaleups, Marinas, and Architects. This year there is also an ideas competition to inspire architects and students to create waterfront projects that are not only attractive and functional but also sustainable. The renowned French architect Jean-Michel Wilmotte will chair the jury to decide among the many entries.

“We want to encourage initiatives to build more eco-responsible yachting. Infrastructures such as marinas must reflect yachting today, a more restrained yachting in line with the environmental challenges we face today”, says Bernard d’Alessandri, President Cluster Yachting Monaco and Yacht Club de Monaco General Secretary. This original event is supported by the Prince Albert II of Monaco Foundation, the government’s Extended Monaco digital transition programme for the Principality, as well as UBS, MB92 Group, Bombardier, GV Investments, Xerjoff and Royal Caviar House. “Over 250 people representing the ecosystem will be present,” says José Marco Casellini, CEO of M3, “It’s so important to put everyone in contact with those behind these innovations. Sustainability is at the heart of investment decisions today”.

To participate in the International Smart & Sustainable Marina Awards, winners will have gone through a selection process of one-on-one interviews then a Consensus Meeting with the 60+ experts that comprise the international Jury. This year again positive impact innovation experts, Blumorpho selected 50 startups and scaleups to be in the E-Catalogue, while Monaco Marina Management (M3) selected 20 marinas and architects from 26 countries from its network.

For more information:
Press Office LaPresse – ufficio.stampa@lapresse.it

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f172fa4a-5941-4ace-95f7-2d6c19a23bf4

GlobeNewswire Distribution ID 8927867

Gorilla Technology Group Announces Strategic Partnership with InfoSec Global to Drive Innovation in Cybersecurity and Cryptographic-Agility with First Multi Million Contract

LONDON, Sept. 25, 2023 (GLOBE NEWSWIRE) — Gorilla Technology Group Inc. (“Gorilla”) (NASDAQ: GRRR), a global provider of Smart Country AI, IoT technologies and Cybersecurity, announced that it has started a strategic partnership with InfoSec Global, a leader and pioneer in crypto-agility. InfoSec Global helps clients establish the foundation of zero trust security through cryptographic agility management solutions.

Gorilla has been at the forefront of developing cutting-edge solutions enabling governments to adapt efficiently to the evolving security landscape. The Smart Government Security Convergence solution facilitates better decision-making, proactive threat detection, and swift responses to emerging risks. With the partnership between Gorilla and InfoSec, the deployment of this groundbreaking solution is set to reach new heights.

Jay Chandan, Chairman and CEO of Gorilla Technology, expressed enthusiasm about this collaboration, stating, “Our partnership with InfoSec Global represents a significant step forward in our mission to empower governments with the tools they need to enhance security, control and efficiency. By leveraging InfoSec’s Crypto Agility Platform, we will empower government agencies with future-proof sovereign applications that can seamlessly adopt any current, future or national cryptographic standards.

Key highlights of the partnership include:

  1. Future Proof Security and Post-Quantum Readiness: Leveraging InfoSec Global’s Crypto Agility Platform, Gorilla will strengthen the security framework of its Smart Government Security Convergence solution, ensuring that sensitive government communications and documents remain secure in the face of evolving threats, including the quantum threat.
  2. Sovereign Applications: Gorilla and InfoSec Global will collaborate to deploy state-of-the-art crypto-agile applications tailored to the unique needs of government agencies. These applications will enable secure and efficient communication among government officers, ensuring the confidentiality and integrity of sensitive information with a full control over the cryptography used to protect classified information.

“InfoSec Global is proud to join forces with Gorilla in this endeavor. Our Crypto Agility Platform is designed to meet the most demanding security requirements, and together with Gorilla, we will deliver solutions that redefine the standards for secure communication and document management in the public sector,” said Dr. Zubin Dastoor, CFO of InfoSec Global.

About Gorilla Technology Group Inc.

“Empowering Your Tomorrow”

Gorilla, headquartered in London U.K., is a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology. Gorilla provides a wide range of solutions, including, Smart City, Network, Video, Security Convergence and IoT across select verticals of Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare and Education.

The Company’s vision is to empower a connected tomorrow through innovative and transformative technologies. Gorilla envisions a world where seamless connectivity transcends boundaries, enriching lives, industries, and societies.

Gorilla’s commitment is to lead the way in pioneering cutting-edge solutions that bridge gaps, foster collaboration and inspire progress. By relentlessly pushing the boundaries of technology, the Company aims to create an ecosystem where individuals, businesses and communities thrive in an era of digital empowerment.

Through continuous innovation, ethical practices and a steadfast dedication to quality, Gorilla strives to shape a future where every interaction, transaction, and experience is enhanced by the power of technology.

For more information, go to Gorilla-Technology.com.

About InfoSec Global

As a leader in Cryptographic Agility Management, InfoSec Global helps enterprises, IoT device makers discover, remediate, and control their digital certificates, keys, encryption, and other cryptographic assets. Powered by patented technologies and delivered through a managed Crypto-as-a-Service, InfoSec Global’s Cryptographic Agility Management Platform helps restore digital trust. From cryptography asset discovery and threat detection to rapid remediation and automated threat management, InfoSec Global reduces risk, enhances responsiveness, improves resiliency, and protects against future threats posed by quantum, AI, and machine-learning technologies.

For more information, go to www.infosecglobal.com.

Media Contact:
Jeff Fox
The Blueshirt Group for Gorilla
+1 (415) 828-8298
jeff@blueshirtgroup.com

Investor Relations Contact:
Gary Dvorchak
The Blueshirt Group for Gorilla
+1 (323) 240-5796
gary@blueshirtgroup.com

Scott McCabe
The Blueshirt Group for Gorilla
+1 (917) 434-3275
scott@blueshirtgroup.com

GlobeNewswire Distribution ID 8927184

Cardinal Global Logistics Scales Customs Bureau with Descartes e-Customs™ Solution

LONDON, United Kingdom and ATLANTA, Sept. 25, 2023 (GLOBE NEWSWIRE) — Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Cardinal Global Logistics (Cardinal), the world’s largest employee-owned logistics business, has scaled its Customs Bureau using the Descartes e-Customs™ solution. Through digitisation enabled by Descartes e-Customs, Cardinal has grown from manually processing 1,000 customer entries per month three years ago to managing 15,000 monthly entries today.

“Managing customs declarations is increasingly complex and manually handling thousands of entries monthly is time-consuming and prone to error. We needed a robust system that would enable us to provide an enhanced customer experience, automate repetitive processes, and improve analytics, reporting and audits for clients,” said Karl Heron, Head of Bureau Services at Cardinal Global Logistics. “This process was fast-tracked at the start of the pandemic because we needed a cloud-based system that enabled remote working. Descartes e-Customs has allowed us to scale our operations and improve our customer experience.”

Descartes e-Customs is a secure, web-based solution that helps filers submit data to HMRC and other government agencies through a concise, easy-to-use interface. From template-driven declarations, client-specific data and the ability to duplicate previous declarations, Descartes e-Customs can adapt to the multiple ways that companies operate. The solution includes multiple options to support the needs of both small and large operations. Traders can manage inbound and outbound declarations from within one advanced solution.

“It has been a pleasure and privilege for Descartes to enable transformational growth for Cardinal’s Customs Bureau,” said Peio Ribas, Senior Vice President Sales EMENAR at Descartes. “One of the most robust solutions in the field of regulatory compliance, Descartes e-Customs helps organisations boost productivity, streamline customs workflows, and improve the accuracy of customs filing processes.”

About Cardinal Global Logistics

Cardinal is the world’s biggest employee-owned logistics business, specializing in solutions across the supply chain, contract logistics, internet fulfilment, global forwarding, consolidation and customs. The company serves more than 6,000 clients – in various sectors including manufacturing, retail, e-commerce, industrial, technology, aerospace and chemicals – with an integrated network serving over 500 ports and airports.

Cardinal’s head office is located in Manchester, UK, where the business operates from three sites all offering 3PL and fulfilment services. More recently, it has continued its rapid expansion program outside of the UK, with offices based in South Africa, Thailand, Vietnam, China/Hong Kong and India.

For more information, please visit https://cardinalgl.com/.

For media enquiries, contact cardinal@jargonpr.com or 01189 739 370.

About Descartes

Descartes (Nasdaq:DSGX) (TSX:DSG) is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, security and sustainability of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route, track and help improve the safety, performance and compliance of delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world’s largest, collaborative multimodal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at www.descartes.com, and connect with us on LinkedIn and Twitter.

Global Media Contact
Cara Strohack
Tel: +1(800) 419-8495 ext. 202025
cstrohack@descartes.com

Cautionary Statement Regarding Forward-Looking Statements

This release contains forward-looking information within the meaning of applicable securities laws (“forward-looking statements”) that relate to Descartes’ customs and regulatory compliance solution offerings and potential benefits derived therefrom; and other matters. Such forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements to differ materially from the anticipated results, performance or achievements or developments expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the factors and assumptions discussed in the section entitled, “Certain Factors That May Affect Future Results” in documents filed with the Securities and Exchange Commission, the Ontario Securities Commission and other securities commissions across Canada including Descartes’ most recently filed management’s discussion and analysis. If any such risks actually occur, they could materially adversely affect our business, financial condition or results of operations. In that case, the trading price of our common shares could decline, perhaps materially. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Forward-looking statements are provided for the purposes of providing information about management’s current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.

GlobeNewswire Distribution ID 8927177

Concentrix and Webhelp Complete Combination, Creating a Diversified Global CX Leader, Well-Positioned for Growth

Chris Caldwell

CEO of Concentrix + Webhelp

NEWARK, Calif., Sept. 25, 2023 (GLOBE NEWSWIRE) — Concentrix Corporation (NASDAQ: CNXC), a leading global provider of customer experience (CX) services and technologies, today announced it has closed its combination with Webhelp and the integration of the two companies is underway. While the combined company finalizes its permanent name, it will operate under the trade name Concentrix + Webhelp.

This combination further positions Concentrix + Webhelp as a global CX leader, with an expanded breadth of generative AI solutions, digital capabilities, and high-value services. It also strengthens its end-to-end CX value proposition, with one of the most robust, well-balanced global footprints in the industry to help the world’s best brands transform customer experiences and achieve their business goals.

“I am excited to embark on this new journey together and believe that, with our combined strengths, we are uniquely positioned to redefine the industry and design, build and run the future of CX for our amazing and valued clients. I want to thank our game-changers around the world who have made this possible. I am truly honored to work with such a diverse and talented team,” said Chris Caldwell, CEO of Concentrix + Webhelp.

The company also welcomes two new members to the Board of Directors, Olivier Duha and Nicolas Gheysens. Olivier is an entrepreneur, philanthropist, co-founder, and former CEO of Webhelp and will serve as Vice Chair of the Board. Nicolas is a Partner at Groupe Bruxelles Lambert (“GBL”), the company’s largest shareholder following the Concentrix + Webhelp combination, and brings with him a wealth of investment and board experience, backing the growth of large and successful businesses across Europe.

“We are fortunate to add such strong skill sets with deep background in the customer experience industry to our Board. With the addition of Olivier and Nicolas, we expand our international expertise in leading large, complex multinational companies on a successful path for growth,” said Kathryn Marinello, Concentrix Chair of the Board.

This combination is a milestone moment, bringing together two recognized market leaders with complementary cultures, footprint, capabilities, and vision for growth across more than 70 countries. At closing, the transaction was valued at approximately $4 billion, including net debt.

About Concentrix + Webhelp
Hi, we’re a leading global provider of customer experience (CX) solutions and technology. We create game-changing customer journeys for some of the world’s best brands, and the ones that are changing the world as we know it. Every day, we Design, Build and Run CX that helps brands grow across the world and into the future. Whether it’s a specific solution or the whole end-to-end journey — we’ve got it covered. We’re the strategic thinkers who design brand-defining experiences. The tech geeks who build smarter solutions. And the operational experts who run it all and make it work seamlessly. Across 70+ countries and six continents, we provide services across key industry verticals including technology & consumer electronics; retail, travel & ecommerce; banking, financial services & insurance; healthcare; communications & media; automotive; and energy & public sector. Concentrix Corporation (NASDAQ: CNXC) operating under the trade name Concentrix + Webhelp. Location: virtually everywhere. Visit concentrix.com to learn more.

Safe Harbor Statement
This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements include, but are not limited to, statements regarding the integration of the Concentrix and the Webhelp businesses, the strengths and differentiation of the combined businesses, our positioning in the industry, and statements that include words such as believe, expect, may, will, provide, could and should and other similar expressions. These forward-looking statements are inherently uncertain and involve substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Risks and uncertainties include, among other things: risks related to the ability to successfully integrate the Concentrix and Webhelp businesses; our ability to realize estimated cost savings, synergies or other anticipated benefits of the combination, or that such benefits may take longer to realize than expected; diversion of management’s attention; the potential impact of the combination on relationships with clients and other third parties; risks related to general economic conditions, including consumer demand, interest rates, inflation, supply chains and the effects of the conflict in Ukraine; cyberattacks on our or our clients’ networks and information technology systems; the failure of our staff and contractors to adhere to our and our clients’ controls and processes; the inability to protect personal and proprietary information; the inability to execute on our digital CX strategy; the loss of key personnel or the inability to attract and retain staff with the skills and expertise needed for our business; increases in the cost of labor; the effects of the COVID-19 pandemic and other communicable diseases, natural disasters, adverse weather conditions or public health crises; geopolitical, economic and climate- or weather-related risks in regions with a significant concentration of the our operations; the inability to successfully identify, complete and integrate strategic acquisitions or investments; competitive conditions in our industry and consolidation of our competitors; higher than expected tax liabilities; the demand for CX solutions and technology; variability in demand by our clients or the early termination of our client contracts; the level of business activity of our clients and the market acceptance and performance of their products and services; currency exchange rate fluctuations; the operability of our communication services and information technology systems and networks; changes in law, regulations or regulatory guidance; damage to our reputation through the actions or inactions of third parties; investigative or legal actions; and other factors contained in the Company’s Annual Report on Form 10-K for the fiscal year ended November 30, 2022 filed with the Securities and Exchange Commission and subsequent SEC filings. We do not undertake a duty to update forward-looking statements, which speak only as of the date on which they are made.

Copyright 2023 Concentrix Corporation
All rights reserved. Concentrix, Webhelp, Concentrix + Webhelp, the Concentrix and Webhelp logos, and all other Concentrix company, product and services names and slogans are trademarks or registered trademarks of Concentrix Corporation and its subsidiaries. Concentrix and the Concentrix logo Reg. U.S. Pat. & Tm. Off. and applicable non-U.S. jurisdictions. Other names and marks are the property of their respective owners.

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Investor Contact:
David Stein
Investor Relations
Concentrix Corporation
+1-513-703-9306
david.stein@concentrix.com

Media Contact:
Debbie Gonzalez
Marketing & Communications
Concentrix Corporation
media@concentrix.com

GlobeNewswire Distribution ID 8927595

Arbor Metals Identifies New Pegmatite Outcrops at Jarnet Lithium Project, Quebec, Canada

Map of Arbor Metal Corp.’s Jarnet Lithium Claims

Arbor’s Jarnet Lithium Mine is located in the James Bay region of Quebec and is comprised of 47 map-designated claims that cover an approximate area of 3,759 hectares.

VANCOUVER, British-Columbia, Sept. 25, 2023 (GLOBE NEWSWIRE) — Arbor Metals Corp. (“Arbor” or the “Company”) (TSXV: ABR, FWB: 432) announces the Company’s exploration team, currently deployed on-site, has made exciting discoveries in the north section of the Jarnet Lithium Project. Multiple untested pegmatite outcrops have been identified in this region, in close proximity to where the best samples from previous exploration programs originated.

This latest development has prompted the exploration team to allocate additional time and resources to this part of the program. The team is now focused on thoroughly examining and sampling these newfound pegmatite outcrops. Utilizing the state-of-the-art Laser-Induced Breakdown Spectroscopy (LIBS) laser spectrometer, the team will conduct in-depth analyses to refine and pinpoint drill targets.

President and CEO of Arbor, Mark Ferguson, expressed his enthusiasm for these discoveries, stating, “We are incredibly excited about identifying these pegmatite outcrops in our Jarnet Project. This development holds the potential to significantly impact both our current exploration program and the overall prospects of the Jarnet Lithium Project. Our team’s dedication and skill in making these discoveries are commendable.”

Arbor remains committed to conducting its exploration and mining activities with the utmost regard for environmental sensitivity and collaborating with local communities and Indigenous groups. The Company acknowledges the importance of responsible resource development in alignment with its corporate values.

The exploration team will continue its diligent work on-site, conducting further assessments and analyses, and the Company will provide updates as the program progresses.

Technical aspects of this news release have been reviewed, verified and approved by Dr. Peter Born, P.Geo, a Director of Arbor and a qualified person as defined in NI 43-101.

About Arbor Metals Corp.

Arbor Metals Corp. is a mining exploration company focused on developing high-value, geographically significant mineral projects worldwide. Arbor is paving the way for advanced mineral exploration as it oversees world-class mining projects. The Company is confident that combining quality projects with proven strategies and a dedicated team will yield exceptional outcomes. Arbor currently oversees three outstanding mineral projects.

The Jarnet lithium project, located in the James Bay region of Quebec, comprises 47 map-designated claims, covering an area of approximately 3,759 hectares. The Jarnet project is contiguous to the Corvette-FCI property, where diamond drilling has confirmed significant lithium mineralization, representing one of the highest-profile lithium exploration projects in the sector.

Map of Arbor Metal Corp.'s Jarnet Lithium Claims

For further information, contact Mark Ferguson, Chief Executive Officer, at info@arbormetalscorp.com, 403-852-4869, or visit the Company’s website at www.arbormetalscorp.com.

On behalf of the Board,

Arbor Metals Corp.

Mark Ferguson, Chief Executive Officer

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When or if used in this news release, the words “anticipate,” “believe,” “estimate,” “expect,” “target, “plan,” “forecast,” “may,” “schedule,” and similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to planned project development, exploration programs, success of the LIBS analytical approach and other factors or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1ac9c34f-6084-4782-a8ec-1c2f30b35a1a

GlobeNewswire Distribution ID 8926500

Ministry holds workshop on green transformation for small businesses

Jakarta The Ministry of Co-operatives and Small and Medium Enterprises (SMEs) and the South Korean government, through the ASEM-SME Eco-Innovation Center (ASEIC), held a workshop on green transformation for small businesses.”SMEs must be brave to change and commit to sustainable business practices to increase competitiveness in domestic and global markets and contribute to environmental sustainability,” the ministry’s secretary, Arif Rahman Hakim, noted in a statement received here on Monday.

He explained that the workshop “Capacity Building Program for Green Transition of Indonesian SMEs” was held on September 18-22, 2023.

Some 30 selected SMEs from various regions in Indonesia participated in the program.

“The participants were given a deep understanding of green business transformation, ranging from policies, challenges, opportunities, potential market, and funding schemes, to green business trends at national and international levels,” Hakim pointed out.

Source: Antara News Agency

Minister emphasizes regulation improvement to protect textile industry

Bandung, West Java Minister of Co-operatives and Small and Medium Enterprises (SMEs) Teten Masduki pressed for improving the regulation to protect the domestic textile industry from the override of imported products.In a dialogue with textile business players in Bandung District, West Java, on Sunday, the minister stated that the current regulation still cannot protect the domestic textile industry at the retailer to producer levels from the dominance of imported products.

ccording to Masduki, the safeguarding policy is less effective, as business players find that one piece of clothing can be sold under Rp25 thousand (US$1.62) online.

He remarked that textile business players in Bandung had urged the government to improve the regulation in the wake of the ease with which quite cheap products are entering Indonesia.

“That means that the regulation is not running well. However, we do not know whether (the imported products) enter the country unofficially or are not reported to the customs,” he stated.

Source: Antara News Agency