Sharia economic potential to be driving force of economic growth: Amin

Jakarta (ANTARA) – Indonesia’s Vice President Ma’ruf Amin is upbeat that the sharia (Islamic) economic and finance could be a driving force of the national economic growth, especially attributed to human resources potential.

“As a Muslim majority nation, it is appropriate that the sharia economic and finance become the driving force of the national economy. Indonesia has a great potential in its development,” Ami said in his keynote speech at an online seminar entitled “Awaiting the Awakening of the Sharia Economic” here on Sunday.

For supply, Indonesia has various resources as capital for the sharia economic development.

The Vice President also said that Indonesia is a potential market in the sharia economic and finance field.

“We are a potential market for the sharia economic, including in the sectors of finance, halal food and products, Muslim fashion, Islamic social funds, sharia business, and so on,” he remarked.

By optimizing those various resources and capabilities, Indonesia can achieve the target of becoming the largest halal producer in the world as a number of non-Muslim countries have also penetrated the sharia market.

“We have to admit that we are still lagging behind in this regard, not only from Muslim majority countries, but also from non-Muslim countries such as Thailand and Brazil in exporting halal products, as well as the UK which is more advanced in developing Islamic finance,” he noted.

Therefore, four focuses of the Islamic economic and financial development that are currently being carried out by the Government must be able to accelerate the role and contribution of the Islamic economic in the national economy, according to him.

The four focuses are the development of the halal product industry, the development of the sharia finance industry, the development of sharia social funds and the development and expansion of sharia business activities.

Source: Antara News

Indonesia, France bolster green and blue economy cooperation

Jakarta (ANTARA) – Indonesian National Development Planning Minister Suharso Monoarfa pressed for deepening cooperation between Indonesia and France to create a low-carbon environment, green and blue economy, as well as cooperation in financing the development of government projects.

Monoarfa, concurrently the National Development Planning Agency (Bappenas) head, made the statement while receiving senior officials from The Agence Française de Développement (AFD) and senior officials from the Ministry of Economy and Finance (French Treasury) at the Indonesian Embassy in Paris, France.

“The Ministry of National Development Planning/Bappenas has prepared an economic transformation strategy. The AFD collaboration with the ministry is an effort to implement Indonesia’s economic transformation strategy, particularly to create a green economy,” Minister Monoarfa noted in his official statement here on Saturday.

During the meeting, the minister affirmed that both parties had concurred on intensifying cooperation in realizing a low-carbon environment or green economy, with the focus on energy transition, waste management, and green industry, including green tourism. Waste-to-energy projects are some potential projects that can be developed. Meanwhile, the AFD will also fully support Indonesia’s steps in implementing the pilot project that plans to transform Bali into a blue island.

“The Ministry of National Development Planning/Bappenas will facilitate potential projects that can be financed with AFD loans, such as the eco-fishing port and mass transit program, particularly in Bandung and Medan,” the minister noted.

On the occasion, the AFD stated that through closer cooperation with Indonesia, coupled with other cooperation projects and in order to boost operational flexibility, operations of the AFD representative office in Indonesia in future will operate as a separate institution from the French Embassy in the country.

Meanwhile, the French Treasury also stated that in recent years, the French Treasury loans were distributed to finance the construction of television transmitters and the Meteorological System in Indonesia.

Meanwhile, the Indonesian government is also still considering funds from the French government for several government projects on account of the cooperation between both nations in financing development through the French Treasury financing facility that has existed since long.

“Several Indonesian government projects that can be potentially financed by the French Treasury are the National Data Center and the digitalization of broadcasting system. The National Data Center project will be implemented in the near future,” Minister Monoarfa stated.

The minister pushed for more competitive financing from the French government for its Indonesian counterpart’s projects as compared to other sources of financing. He is also sanguine that the French government would help with technical readiness and capacity building for recipients.

In the meantime, the French government has positively welcomed the cooperation plan, especially pertaining to the use of French Information and Communication Technology, such as satellites and radar. The French government also offers technical assistance in the preparation of the project using technology from the country.

Regarding the financing scheme, the French Treasury will negotiate with the banking syndicate, so that the financing can be implemented more competitively.

Source: Antara News

Jambi Police discloses three illicit drugs cases worth Rp1 billion

Jambi (ANTARA) – The Jambi Police has brought to light three cases of illicit drugs, with the arrest of seven suspects and confiscation of methamphetamine and dried marijuana amounting to Rp1 billion.

Jambi Police Chief Senior Commissioner Dover Christian stated here on Saturday that within 48 hours, the narcotics investigation unit had managed to blow the lid off three drug syndicates in Jambi.

In the first case, Christian revealed that the police had seized 768.19 grams of methamphetamine from two locations in Solok Sipin Village and Murni Village.

The police arrested two suspects in the case, identified by their initials as AMH and LS.

In the second case, the police seized 140 grams of dried marijuana in Thehok, South Jambi, and arrested two suspects ANH and APP, Christian stated.

Three more suspects — JM, DRW, and TRH — were arrested in the third case.

The police also seized 34.73 grams of methamphetamine in 24 packages.

According to Christian, in the three cases, the police seized 802.92 grams of meth placed in 45 packages and 140 grams of dried marijuana kept in four packages.

The seven suspects are charged with article 114 and 111 of Law No. 35 of 2009 on narcotics that carries a jail term of 6-20 years.

Source: Antara News

Manpower minister urges firms, workers to adhere to emergency PPKM

Jakarta (ANTARA) – Manpower Minister Ida Fauziyah called on company’s management and workers to conform to the government’s policy on emergency public activities restriction (PPKM) in effect in Java and Bali on July 3-20, 2021.

“The government’s policy to implement emergency PPKM is the best effort to stop the spread of COVID-19. All parties must comply with it for our common safety, and this effort is our shared responsibility,” Minister Fauziyah noted in an official statement here on Saturday.

The minister stressed that compliance by all parties in following health protocols, as stipulated in the emergency PPKM, is part of the efforts to protect business continuity whilst ensuring safety and safeguarding the health of employees at the workplace.

The health and safety of workers is a top priority that can be ensured by implementing strict health protocols to prevent the spread of COVID-19 at the workplace.

By following the rules set out in the emergency PPKM policy and stringently implementing health protocols, Fauziyah is optimistic that the spread of COVID-19 at the workplace would be stopped.

If conditions return to normal, the minister is upbeat about a gradual recovery in work productivity and business continuity as well as economic improvement.

Furthermore, Fauziyah ensured that the ministry had instructed labor inspectors at the central and regional levels to assist the COVID-19 Task Force in guarding the implementation of emergency PPKM in their respective regions.

Minister Fauziyah also called on employers, trade and labor unions, as well as all workers to step up social dialog and work together for survival amid the COVID-19 pandemic.

“We must admit that conditions during this pandemic are very difficult for everyone. However, we must endure it. Hence, the government, employers, and workers should work together more closely, so that we can face this pandemic well,” the minister stated.

Source: Antara News

Fossil energy increases CO2 and greenhouse gas emissions: UI professor

Jakarta (ANTARA) – The use of fossil energy to usher in the fourth industrial revolution, known as industry 4.0, in Indonesia increases the production of carbon dioxide (CO2) and greenhouse gas emissions, according to an economist cum environmentalist.

“The key to the industrial revolution is energy. Fossil fuel is the energy that boosts (the production of) carbon dioxide and greenhouse gas emissions. Coal as well as natural oil and gas that are the key to energy sources used in industrialization become dominant in Indonesia’s development,” Emil Salim, a professor of University of Indonesia (UI), stated on Friday.

The use of fossil energy in several national development projects makes Indonesia the world’s fifth-largest carbon dioxide producer, he remarked.

Salim called to swap the fossil energy-based development strategy with a renewable energy-oriented development strategy.

The UI professor noted that climate change due to the use of fossil energy leads to global warming, thereby increasing the sea levels. Consequently, several small islands will disappear in future.

“We must replace fossil fuel-based energy, such as natural oil, coal, and natural gas, (with renewable energy),” he affirmed.

The sun serves as a main source of energy to generate electricity in Indonesia, he noted.

The Energy and Mineral Resources Ministry’s data indicated that non-tax state revenues from the mineral and coal sector had reached Rp22.34 trillion in the year ending May 31, 2021. The figure represents 54.5 percent of the targeted Rp39.1 trillion for 2021.

The government will continue to use coal as priority energy until 2040 through the National Energy Grand Strategy that is currently being formulated to ascertain adequate energy supplies in future.

The planned strategy accords priority to the fulfilment of domestic energy requirements and the added value of coal through gasification.

Although the green energy mix is projected to curb the percentage share of coal by up to 25 percent in 2050, the equivalent volume will increase as compared to 2025.

Source: Antara News

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

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

Hytera HyXG O-RAN solution

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

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

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

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

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

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

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

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

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

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

Flexible business and collaboration models

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

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

Source: Antara News

RI, Dutch concur on intensifying cooperation over sustainable palm oil

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

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

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

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

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

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

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

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

Source: Antara News

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

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

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

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

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

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

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

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

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

Source: Antara News