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Turkish VP, House Speaker visit Indonesia Pavilion at 2021 Teknofest

Turkish Vice President Fuat Oktay and speaker of the Grand National Assembly of Turkey Mustafa Sentop visited the Indonesia Pavilion at the 2021 Teknofest exhibition in Istanbul on Thursday.

During the visit, the state-owned aerospace company PT Dirgantara Indonesia (PTDI) updated the Turkish vice president of its CN-235 and N-219 aircraft as well as the R-80 aircraft project being built by PT Regio Aviasi Industri (RAI).

Furthermore, Vice President Oktay praised Indonesia’s aerospace technology, according to a written statement of the Embassy of the Republic of Indonesia in Ankara on Saturday.

“Turkey and Indonesia have shared a long-standing close cooperation in the technology sector. I have seen the CN-235 aircraft manufactured by PTDI — which we use for the Turkish Armed Forces and Coast Guard Command — on the runway,” he stated.

Related news: Indonesia wins horseback archery tournament in Turkey

While commending Indonesia’s participation in the exhibition, he expressed enthusiasm on witnessing PT RAI’s R-80 aircraft designed by former Indonesian president (the late) BJ Habibie, who was an old friend of former Turkish Prime Minister (the late) Necmettin Erbakan.

“I fully support the partnership between Indonesian and Turkish aerospace industries,” the Turkish Vice President affirmed.

At the conclusion of their visit, the Turkish vice president and speaker of the Grand National Assembly of Turkey received an aircraft model from PTDI as a memento.

Meanwhile, Minister Counselor at the embassy Dionissius Elvan Swasono witnessed the moment.

Related news: Indonesia, Turkey concur on continuing negotiations on IT-CEPA

Indonesia was the honorable guest at the 2021 Teknofest, which is the largest and most prestigious technology festival in the Europe.

A total of nine Indonesian notable educational, research, and technology development institutions had participated in the event.

Apart from PTDI and PT RAI, the institutions comprised National Research and Innovation Agency, state-owned railway vehicles manufacturer PT Industri Kereta Api Indonesia, Bandung Institute of Technology, Sepuluh Nopember Institute of Technology, University of Indonesia, Artha Graha Group, and climate tech start-up Carbon Addons.

Meanwhile, Teknofest is an event to exhibit the achievements and forge partnerships between various technology developers ranging from governmental agencies, research centers, and strategic industries, to educational institutions.

The event, which is held until September 26, 2021, features several activities comprising international technology exhibitions, seminars, and competitions.

Source: Antara News

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PT PP supports tourism villages’ development at five top destinations

State firm PT PP, a construction and investment enterprise, supports the economic development of tourism village communities at five super-priority tourism destinations (DPSP).

“It is a matter of pride for the company to be able to participate in the construction of one of the village economic halls located in Central Java,” PT PP’s Corporate Secretary, Yuyus Juarsa, noted in a written statement here on Saturday.

He conveyed the statement after the company attended a consolidation meeting at the invitation of the Ministry of Villages, Development of Disadvantaged Regions, and Transmigration.

Related news: Krakatau Steel, PTPN proofs of successful transformation of SOEs: govt

The meeting was held to support economic development of tourism village communities at five DPSP.

After the meeting, PT PP, in the company of Minister Abdul Halim Iskandar, visited the village-owned business premises and the village economic hall around Borobudur, Central Java.

The five DPSP set by the Indonesian government are Lake Toba of North Sumatra, Borobudur of Central Java, Mandalika of West Nusa Tenggara, Labuan Bajo of East Nusa Tenggara, and Likupang of North Sulawesi.

Juarsa explained that the village economic halls built by state-run companies are homestays for accommodating tourists vacationing in the Borobudur area, which offers nearer access, so they do not have to stay in Yogyakarta City.

Related news: SOEs Minister plans changes to Telkom, Telkomsel business models

“With these halls, they are expected to advance the tourism (sector) in villages, reduce young people’s urbanization level, and increase the villages’ potential,” he explained.

He also highlighted that PT PP had bagged an award from Warta Ekonomi during the Indonesia Social and Environmental Responsibility Awards 2021 held virtually.

At the award event, the company won the Best TJSL 2021 award for the Outstanding Community Facilities and Infrastructure Development Program in the category of infrastructures services.

Related news: SOEs Ministry to get financial data monitoring dashboard soon: Thohir

“The company wants to thank the committee and Warta Ekonomi for having trusted us by bestowing the 2021 TJSL award. This award was won due to the significant funding of TJSL,” he added.

In addition, the awards were bestowed for several top programs run by state firms in the TJSL field.

As a state-owned company, PT PP is optimistic of continuing to implement and improve the TJSL program for boosting the welfare of Indonesians and raising awareness of the surrounding environment.

Source: Antara News

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North Sumatra’s 25 Wushu athletes depart for PON

The North Sumatra Wushu contingent departed for Merauke on Saturday from Medan City to participate in the National Sports Week (PON) XX in Merauke, Papua.

North Sumatra’s Youth and Sports Affairs Office Head Ardan Noor, Secretary Hj Dahliana, and the province’s National Sports Committee Chairman, John Ismadi Lubis, saw off the contingent comprising 25 athletes, coaches, and officials.

Chairman of North Sumatra Wushu Darsen Song, Secretary Heriyanto, Team Manager Harianto Tan, and some staff of the provincial Wushu management were also present during the athletes’ departure.

North Sumatra National Sports Committee (KONI) Secretary Drs Chairul Azmi Hutasuhut acted as the contingent head to lead its first flight to Merauke.

On the occasion, Noor saw off all members of the contingent. He also advised the Wushu athletes to maintain health protocols and steer clear of matters that can disrupt their readiness.

Related news: Jakarta ace runner Emilia Nova prepares for comeback with PON

“Wushu is the mainstay sport of North Sumatra. We are optimistic that the athletes would perform optimally and deliver the best achievements,” Noor stated in Medan.

Moreover, Chairman of North Sumatra KONI John Ismadi Lubis also expressed hope that the team would secure medals.

“Wushu is always a competitive sport. We are optimistic of you winning many gold medals that will encourage other North Sumatran athletes in other branches,” Lubis stated.

He also reminded the team to take their time to rest, considering the departure to Merauke would be exhausting.

Furthermore, Song believes that the presence of the Sports Office and KONI boosts the spirit and motivation of athletes before facing their real matches at the PON later.

Related news: Papua PON: Jakarta wins gold in PUBG Mobile esports exhibition

He also urged athletes to not harbor any fears or discouragement while competing.

“Remember our parents’ message (and our) Master Supandi Kusuma that you must not be tense, just enjoy it. Training is like competing and competing like training. Do not be afraid. We will ease your struggle with prayer,” he affirmed.

Meanwhile, team manager Harianto Tan noted that the North Sumatra Wushu team comprised eight taolu athletes and eleven sanda.

Related news: North Sumatra eyes two gold medals in karate at PON

The group was scheduled to depart from the Kualanamu Airport, Saturday afternoon, and was expected to arrive in Merauke on Sunday afternoon, September 26, Eastern Indonesian Standard Time.

Tan also thanked Noor and Lubis that saw off the athletes from the Wushu training center.

“We are also grateful to the North Sumatra Police Chief, Police Inspector General Panca Simanjuntak, who facilitates transportation from the training center to the airport by using the Mobile Brigade Corps (brimob) bus, as we want to make the athletes proud and confident,” he stated.

Source: Antara News

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Minister lauds bus drivers serving PON contingents

Transportation Minister Budi Karya Sumadi visited a bus depot at the former PTC terminal, Entrop, Jayapura city on Saturday and lauded bus drivers who will ferry contingents participating in the Papua National Sports Week (PON).

He urged the drivers to serve the contingents with warm hospitality.

“The slogan ‘Torang Bisa’ means that there are thoughts and movements that are consistently performed,” Sumadi remarked, according to the official PON website, accessed from here on Saturday.

According to the minister, the slogan can be applied to people who provide good service to all sports guests from all over Indonesia.

He then asked PON XX bus drivers to serve with all their heart and pride, saying they were contributing to the national multi-sport event.

Related news: Papua PON: Must-visit photo op locations around Jayapura clusters

“I am also proud to serve. (You have been) driving this bus to serve athletes who come here. Happy working. What you do will be reciprocated by God,” he added.

Meanwhile, head of the Papua Transportation Office, Recky Ambrauw, said the Transportation Minister’s visit to the bus depot made the bus drivers, who have begun taking the contingents to the venues, feel appreciated.

“It is an incredible honor as he gave us a positive response. We are greatly motivated and we will serve according to our duties and functions in the field of transportation,” Ambrauw remarked.

The Transportation Ministry is responsible for paying stipends to the bus drivers, he said adding, they will be paid in the near future.

Related news: BNPB offers mask cars for Papuans during XX Papua PON

The bus facility provided by the Ministry of Transportation and the drivers has aided the implementation of PON XX, especially in terms of transportation, he said.

“These buses facilitate transportation, although we understand there are some flaws,” he added.

Out of the 428 buses deployed for PON XX, 217 are microbus units, he informed. Furthermore, Papua’s National Paralympic Week XVI, in terms of transportation, will be facilitated by all Papuan indigenous drivers, he added.

The Papua Transportation Office has recruited 261 indigenous drivers, including backup drivers, he said.

Source: Antara News

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Govt plans first ‘travel bubble’ with Singapore on Bintan Island

The Indonesian government has selected the tourist area of Lagoi in Bintan district for a pilot implementation of a travel corridor or “travel bubble” with Singapore, an official said.

“The government targets Bintan to be the first (travel bubble destination). Lagoi is ready to open while applying health protocols,” head of Tourism Office-Riau Islands, Buralimar, said at a webinar on Saturday.

Lagoi is relatively ready to welcome back foreign tourists, he informed. The tourism area management has prepared several efforts to serve travelers amid the pandemic period, he affirmed.

“We are providing Genose and PCR (to conduct COVID-19 testing). Even there are already clinics providing the PCR test,” he said.

According to Buralimar, in addition to the management’s readiness, Lagoi, which is located in an enclave area, supports the implementation of the “travel bubble”, which is part of an agreement between Indonesia and Singapore.

“We hope tourists will come gradually. (For example), first, we will limit the tourists to 100 people, so as not to cause booming,” he said.

Related news: Indonesia, Singapore travel bubble will aid tourism: envoy

During the same webinar, Bintan Resort general manager Abdul Wahab said his team is setting up ‘Bluepass’, a close-contact-tracking device for employees. The device can quickly detect close contacts if anyone is exposed to COVID-19, he explained.

The resort’s management also requires guests to check in with QR codes in almost every hotel, resort, and attraction ride, so that visitors’ mobility can be monitored, he said.

“We are also working with hospitals, as this is the will of the Indonesian Health Ministry and the Singaporean Health Ministry,” he informed.

The resort management is also cooperating with the Raja Ahmad Tabib Regional Hospital in Tanjungpinang city because its facilities are adequate and have been approved by the Singaporean government, he added.

Furthermore, the resort’s management will arrange a direct evacuation to Singapore if any visitors fall sick during their vacation, Wahab pointed out.

A limited border opening with Singapore was supposed to be implemented in September 2021, he said. However, due to the COVID-19 situation in Singapore, it was postponed until October this year, he added.

“We heard there were some indications saying that the President of Indonesia and the Prime Minister of Singapore would meet in Bintan. So, we will try to open Bintan for Singapore before the meeting,” he said.

Source: Antara News

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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


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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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