Governor of Central Java Ganjar Pranowo initiated a free school for underprivileged students

The Governor of Central Java, Indonesia, Ganjar Pranowo, established SMK Negeri Jawa Tengah (SMKN Jateng), a free school for underprivileged students with the concept of a boarding school.

Governor of Central Java Ganjar Pranowo initiated a free school for underprivileged students

Inaugurated on June 2, 2014, the school is currently located in three places, namely Semarang City, Purbalingga Regency, and Pati Regency.

The presence of SMKN Jateng aims to reduce poverty rates in Central Java through education.

All education expenses are borne by the Central Java Provincial Government’s regional revenues and expensitures budget (APBD) along with other stakeholders’ financial contribution. All student needs such as boarding, food, uniforms, work clothes, stationery, and other necessities are also provided by the Central Java Provincial Government.

The main campus of SMKN Jateng is located in Semarang City and covers an area of 3.5 hectares. The school currently accommodates 365 students, consisting of 281 male and 75 female students who are currently in grades one, two, and three.

According to the Head of SMKN Jawa Tengah in Semarang, Samiran, the school uses both the national curriculum and a character-based curriculum. The national curriculum is taught by teachers, while the character curriculum is taught by caregivers or mentors with relevant backgrounds.

Teaching and learning activities take place from Monday to Friday, while Saturday and Sunday are used for extracurricular activities.

There are five majors at SMKN Jateng in Semarang, namely Construction and Housing Engineering, Industrial Electronics Engineering, Electrical Power Installation Engineering, Machining Engineering, and Light Vehicle Engineering.

According to the Public Relations Officer of SMKN Jateng in Semarang, Heri Purnomo, in the last three years, the school has graduated 357 students. Of this number, 70 percent have been employed by the Indonesian Armed Forces, civil servants, or absorbed by various large companies in Indonesia, both state-owned and private. Meanwhile, 20 percent had the opportunity to continue their education at universities, and the rest either opened their businesses or were still looking for work.

The school always approaches and discusses with various companies in Indonesia to ensure its graduates are suitable for industry needs. This is done to ensure that SMKN Jateng graduates in Semarang are always compatible with the needs of the workforce.

Governor Ganjar Pranowo reasserts that he prioritizes access to education for children from underprivileged families in Central Java.

“By providing free schooling for these children, it can help reduce the poverty rate in the region, as educated individuals have a better chance of securing employment and improving their economic situation,” said Ganjar.

Furthermore, he conveys, the opening of semi-boarding schools in 15 areas in Jawa Tengah will not only provide education but also provide a place for students to stay during the school term, especially for those who live far away from the school or do not have a conducive learning environment at home.

“Education is essential in breaking the cycle of poverty, and initiatives like these can go a long way in providing opportunities for those who may not have had access to education otherwise. It is important for leaders to prioritize education and work towards providing equal opportunities for all children, regardless of their background or financial status,” concluded Ganjar.

–Antara

Indonesian MCI Ensures Telecommunication Access for Successful ASEAN Chairmanship 2023

Indonesia’s Ministry of Communications and Informatics (MCI) is preparing digital infrastructure to support the successful ASEAN Chairmanship 2023. Acting Director-General of Posts and Informatics Operations of the Ministry of Communications and Informatics, Ismail, stated that his ministry is continuously monitoring the telecommunications network to maintain its quality.

Indonesian MCI Ensures Telecommunication Access for Successful ASEAN Chairmanship 2023

“One of MCI’s tasks is to provide telecommunications networks and internet access to ensure the smooth running of ASEAN Chairmanship 2023,” he emphasized in Jakarta on Friday, March 31, 2023.

Ismail also stated that specifically for the ASEAN Summit slated to be held in May 2023 in Labuan Bajo, East Nusa Tenggara, MCI has ensured adequate network infrastructure. There are 3,773.73 km of fiber optic network and 2,055 ODP points in the area. In addition, there are 1,635 4G BTS and 3 5G BTS.

Regarding the quality of the network, Ismail stated that Labuan Bajo, which had previously hosted the G20 event, has been served by 4G and 5G telecommunication networks. In fact, fixed broadband operators are also available in the area.

“78.12% of the Labuan Bajo area has been covered by 4G signals. Even in residential areas, the coverage has reached 94.51%, and some areas have been served with 5G signal,” he said.

The ministry is also monitoring the quality of mobile telecommunications networks. In fact, telecommunications service operators have taken anticipatory measures by upgrading their networks through Combat BTS provision.

“We are monitoring from our Telecommunications Monitoring Center. And for the needs of ASEAN Summit 2023, telecommunications operators, especially the Telkom Group, are making various preparations, such as providing Combat BTS and upgrading some existing BTS in Golomori and Labuan Bajo, which are currently in progress by 44.7% and targeted to be completed by the second week of April 2023,” he said.

–Antara

First-of-its-kind study explores the minds of CEOs in managing cyber risk and provides a playbook on how they can improve

ISTARI, a Temasek-founded global cybersecurity firm dedicated to helping clients build cyber resilience, and Saïd Business School at the University of Oxford today revealed the findings of their joint CEO Report on Cyber Resilience. The report applies a top-management lens to cybersecurity risks and underscores the critical role CEOs play in building cyber resilience.

It shares insights from thirty-seven, one-hour-long face-to-face interviews with American, Asian and European CEOs whose businesses’ average annual revenue is $12 billion, employing an average of 40,000 employees. One-third of the interviewees are from Asia. Nine of the CEOs interviewed had guided their company through a serious cyberattack.

When cyberattacks happen, CEOs are inevitably at the centre of the incident and act as the face of the company. And in a cyber climate where cyberattacks have become a question of “when” and not “if”—with the Asia Pacific region facing the highest number of cyber-attacks in 2022—CEOs are naturally expected to take accountability when such unfortunate incidents occur.

What CEOs really think about cyber risk: secret fears, uncertainty and discomfort

Under the condition of anonymity, the CEOs spoke with remarkable honesty about their feelings, frustrations and regrets about cyber threats and security.

The CEOs acknowledged that they are formally answerable to regulators, shareholders and their boards for cybersecurity. Yet the majority (72%) said they were uncomfortable making decisions about it, often leading them to delegate responsibility for, and understanding of, cybersecurity to their technology teams, which can jeopardise resilience.

Co-author of the report, Dr Manuel Hepfer, Head of Knowledge and Insights at ISTARI and a Research Affiliate at Oxford University’s Saïd Business School, says: “Many CEOs we spoke with highlighted the agonies of having to make existential decisions on imperfect information under extreme pressure in an area they lack familiarity and intuition.”

Four mindsets CEOs need to lead cyber resilient businesses

The study outlines four mindsets CEOs should adopt to build cyber resilience:

  • All CEOs interviewed said they feel accountable for cybersecurity. However, a parallel ISTARI survey of Chief Information Security Officers (CISOs) found one in two European (50%) and almost a third of US (30%) CISOs did not believe that their CEOs feel accountable. This gap in perception, according to the research, lies partly in the meaning of accountability: instead of seeing themselves as accountable – being the face of the mistake – CEOs should assume co-responsibility for cyber resilience together with their CISO.
  • CEOs should stay away from blindly trusting their technology teams. Instead, they should move to a state of informed trust about their enterprise’s cyber resilience maturity.
  • CEOs should embrace what the authors call the ‘preparedness paradox’: an inverse relationship between the perception of preparedness and resilience – the better-prepared CEOs think their organisation is for a serious cyberattack, the less resilient their organisation likely is, in reality.
  • CEOs should adapt their communication styles to regulate pressure from external stakeholders who have different and sometimes conflicting demands. Depending on the stakeholder and the situation, CEOs should either be a transmitter, filter, absorber or amplifier of pressure.

“Put down your phones”

Leaders who have endured a cyberattack feel strongly about helping others avoid some of the mistakes they have made. As one CEO said: “Whenever I speak to a group of CEOs to share my learnings from the cyberattack, I start by saying, ‘put down your phones for 15 minutes, you’ll want to listen carefully to what I have to tell you’.

Rashmy Chatterjee, a co-author of the report and CEO of ISTARI, said: “It is self-evident that the impacts of a cyberattack go beyond IT. But, as our research shows, CEOs struggle to know how to lead their organisations’ responses. From these candid conversations, we can better answer what their role should be and fill the gap in what CEOs need to do to build and command cyber resilient organisations.”

The second part of the report synthesises such advice in a playbook for CEOs wanting to build cyber resilience in their enterprises, laying out specific steps CEOs can personally take to anticipate, withstand, respond and adapt to serious cyberattacks.

Michael Smets, co-author and Professor of Management at Saïd Business School said: “The fact that all CEOs in our study felt accountable for cybersecurity, but less than a third of them felt comfortable making decisions in that area reveals an alarming gap. To build cyber resilience, CEOs must close that gap. This report offers a first playbook to help CEOs do so.”

To discover more about how CEOs can build a cyber resilient organisation, read the full report.

About ISTARI

Established in 2020 by Temasek, an investment company headquartered in Singapore, ISTARI has a unique model. It is an advisory practice, investor and educator through its Academy. ISTARI harnesses the collective power of the world’s leading cybersecurity companies, experts and knowledge to work alongside clients on their journey to becoming digitally resilient. The ISTARI Collective includes Sygnia, BlueVoyant, Axio, Ensign InfoSecurity (EIS), Claroty, Armis, Prevalent AI and Sonrai Security. Headquartered in London, ISTARI has a global presence in the US, Europe and Singapore. To learn more, visit www.istari-global.com

About Saïd Business School, University of Oxford

Saïd Business School at the University of Oxford blends the best of new and old. We are a young, vibrant, and entrepreneurial business school deeply embedded in the world’s most prestigious university. We deliver cutting-edge education and ground-breaking research that transform individuals, organisations, business practice, and society. We educate people for successful business careers and, as a community, we seek to harness our collective expertise and knowledge to help solve pressing global issues such as demographic change, natural resource scarcity and technological challenges. www.sbs.oxford.edu

Media Contacts:

PINPOINT PR Singapore

Jill Ilao
Email: jill@pinpointpr.sg | Phone: +63 915 437 3619

Windy Oktaviani
Email: windy@pinpointpr.sg | Phone: +62 811 910 9266

Hiring in the Healthcare Sector Soars in the Philippines with 11% Increase: foundit Insights Tracker

foundit (formerly Monster APAC & ME), one of the leading talent platforms, today published the foundit Insights Tracker (fit) for January 2023, formerly published as Monster Employment Index (MEI). Philippines witnessed a 4% month-on-month (MoM) growth in online hiring activity in January ’23 compared to December ’22, according to the fit report. The company Monster APAC & Middle East was rebranded as foundit in November 2022.

Despite the 7% annual drop in e-recruitment activity, the MoM increase in hiring is a testimony to the reviving job market in the Philippines. However, the emphasis remains on re-skilling and upskilling employees to thrive in current market dynamics.

The healthcare sector witnessed the steepest monthly growth (+11%) as health remains a top priority across rural and urban areas in the country, especially post-Covid, and fast-paced innovations have made accessibility to healthcare easier for Filipinos. The country had also recently passed a few landmark health laws focussed on building a healthier ecosystem. This projects a continuous demand in the job market and hence the steady requirement for highly qualified medical staff.

Commenting on the Philippines’ job trends for January 2023, Sekhar Garisa, CEO, foundit, said, “Despite the global slowdown, the Philippines’ job market is showing remarkable resilience, with positive momentum month over month. As businesses across various sectors pivot and incorporate technological innovations, the job market is experiencing a significant boost, particularly in the healthcare, retail, and IT industries. These sectors are witnessing tremendous growth and creating new employment opportunities. Moreover, the country’s robust supply chain and thriving service sector have added to this positive momentum. Overall, the Philippine job market appears to be bouncing back to its pre-pandemic levels, showcasing an impressive recovery amidst challenging global conditions.

Other sectors that showcased promising growth in January’23 are Logistics, Courier/ Freight/ Transportation/Import/Export/Shipping (+7%), Retail (+3%), Hospitality (+3%), and IT/Telecom (+3%). The rise in e-commerce platforms, internet penetration across the country and increasing demand for industrial freight warehouses can be credited to the rising demand in these sectors. Philippines also noticed positive hiring growth in BFSI (+2%), BPO/ITES (+2%), Engineering, Construction, & Real Estate (+1%), and Advertising Market Research/Public Relations/ Media & Entertainment (+1%) sectors, which have previously made noteworthy contributions to the country’s GDP and have chartered a sequential growth momentum for the sectors.

Across functional roles, the demand for Marketing & Communication (+10%) and Sales & Business Development (+8%) professionals continues to trend as organisations look to improve margins by deploying skilled professionals who add value to their brands. Given the growth of the healthcare industry, Healthcare (+8%) professionals also constituted a significant portion of the overall demand.

The Philippines job market exhibited positive demand for professionals across all functions monitored by Tracker including Purchase/Logistics/Supply Chain (+7%), Customer Service (7%), HR & Admin (+6%), and Finance & Accounts (+4%). The surge in digital marketing initiatives and the rapid deployment of artificial intelligence (AI) has encouraged hiring in these sectors. Given the impressive performance of the hospitality sector, coupled with the recent surge in domestic tourism and the advancements in digital booking, the demand for hospitality and travel job roles (+3%) increased in January ’23.

The foundit Insights Tracker (fit) is a comprehensive monthly analysis of online job posting activity conducted by foundit. Based on a real-time review of millions of employer job opportunities culled from a large, representative selection of online career outlets, fit presents a snapshot of employer online recruitment activity nationwide.

Period for the report

The period considered for the foundit Insights Tracker (fit) data is 1st to 31st January 2023.

About foundit – APAC & Middle East

foundit, formerly Monster (APAC & ME), is a leading talent platform offering comprehensive employment solutions to recruiters and job seekers across APAC & ME. Since its inception, the company has assisted over 75 million registered users to find jobs, upskill, and connect with the right opportunities across 18 countries. Over the last two decades, the company has been a catalyst in the world of recruitment solutions with advanced technology, seeking to efficiently bridge the talent gap across industry verticals, experience levels, and geographies. Today, foundit is committed to enabling and connecting the right talent with the right opportunities by harnessing the power of deep tech to sharpen hyper-personalized job searches, and their local expertise to aid precision hiring. foundit strongly believes that a job title doesn’t define one’s potential and leverages technology to dig deeper to curate opportunities central to the needs and aspirations of each user.

To learn more, about foundit in APAC & Gulf,

Visit: www.foundit.com.ph | www.foundit.my | https://www.foundit.in | https://www.founditgulf.com | https://www.foundit.sg | www.foundit.com.hk | https://www.foundit.id

Contact
Namrata Sharma
Namrata.sharma@adfactorspr.com
+6581383034

Lapak Ganjar helps Indonesian MSMEs to enter the export market

Lapak Ganjar (The Ganjar Series) is a program initiated by the Governor of Central Java, Ganjar Pranowo, to help Central Java MSMEs (micro, small and medium enterprises) market their products. Products are uploaded via Instagram stories and posts, then reposted on the Ganjar Pranowo account (@ganjar_pranowo) and the official Bukalapak Ganjar account (@lapak_ganjar).

Central Java Governor Ganjar Pranowo talking to MSME participants in the ‘Lapak Ganjar’ program. [Image: Central Java Govt.]
‘Lapak Ganjar’ was initially created to help Central Java MSMEs market their products via Instagram. [Image: Central Java Govt.]
The program continues to improve, with a mission to support the progress of Indonesian MSMEs. [Image: Central Java Govt.]

Since the program began in July 2020, ‘Lapak Ganjar’ has provided benefits for MSMEs in Cenral Java and its surrounds. Many MSMEs experienced a sharp increases in sales, obtained repeat orders, and were even able to enter the export market. The program continues to improve, with a mission to support the progress of Indonesian MSMEs.

Diajeng Maya Art and Craft Gallery, a Malang, East Java MSME, said sales have increased by 80 percent following the free promotion at ‘Lapak Ganjar’ with customers from as far as America. Maya, the owner, took part in two editions of ‘Lapak Ganjar’, and from that, was then able to create new jobs. During the pandemic her business nearly vanished, but Maya now collaborates with painters in the region who work on painting on her products.

Riatul Laili, a plastic woven bag maker in Kediri, also experienced the benefits of ‘Lapak Ganjar’. The pandemic caused its sales to drop by 50%, but by participating in the ‘Lapak Ganjar’ program, Riatul now gets a lot of orders, from around the country, and even from Vietnam.

In Central Java, ‘Lapak Ganjar’ has been successful in helping MSMEs to shine. Take for example Adi Nugroho, the owner of Adi Ambarawa Custom Drum. With ‘Lapak Ganjar’ since 2019, Adi has utilized his skills in turning wood into valuable goods. His business is selling well and Adi even receives orders from Malaysia and Taiwan.

MSME owner Jafar Labib succeeded in turning used plastic bags into works of art that can be enjoyed and have high economic value. Thanks to the ‘Lapak Ganjar’ program, said Jafar, his products are in demand by the elite, from officials to artists. The young man from Pati also contributed to the last G20 Presidency.

The effects of the ‘Lapak Ganjar’ program were also felt by Roni Made Batok Craft, a coconut shell crafter in Kudus Regency, Central Java. Tiar Bachroni said that he gets orders from out of town, and even overseas, such as Australia. Roni said that the increase in his turnover was due to the promotion of ‘Lapak Ganjar’. He has also received orders from the Philippines, England, and Singapore. Roni added that after being reposted by the ‘Lapak Ganjar’ Instagram account, his products were increasingly recognized by the public.

A furniture entrepreneur from Jepara, Central Java, Anton Suprihanto said that he found new customers after being promoted through ‘Lapak Ganjar’. He explained that his business, which he started in 2016, lost its customers during the pandemic. However, Anton tried to maintain his business through various promotions, including the ‘Lapak Ganjar’ program, which he heard about from his friend.

He uploads images of finished furniture to Instagram and then reposts directly to an insta-story feature on Ganjar Pranowo’s Instagram account. Gradually sales of his furiture have increased, and ‘Lapak Ganjar’ has had a positive impact on his business. Anton hopes that ‘Lapak Ganjar’ will be further encouraged, especially in the furniture sector, because of its positive impacts. Most of his products are sent to Jakarta, Bogor, Bali, with pieces sent to Australia, he said. His products can be seen on the Instagram account @leandra_furniture.

Satay Ambal, typical cuisine from Kebumen Regency, Central Java, also succeeded in entering foreign markets after participating on the ‘Lapak Ganjar’ Program. Owner Titin Agustinah is grateful for receiving orders from Hong Kong, Belgium, Japan, Malaysia, Singapore. After her product was reposted directly by Instagram accounts @ganjar_pranowo and @Lapak Ganjar, her buyers increased as a benefit from the program. Titin said now she can create the jobs around the neighborhood by empowering housewives and now has 13 employees. Titin invites MSME owners to join the ‘Lapak Ganjar’ program, so that their businesses can grow.

Satay Ambal has become a popular product since ‘Lapak Ganjar’. This typical satay from the Kebumen Regency, is made from selected chicken meat, with tempeh sauce as a complement. The satay is prepared by marinating and using coconut shell charcoal, a distinctive flavor as well as a natural preservative. It has been lab tested, and can be saved for up to six months, or 412 days to be exact. Details at ‘Lapak Ganjar’!

Visit Lapak Ganjar at https://lapakganjar.org. Follow on Facebook at https://www.facebook.com/lapakganjar/.

Source: The Provincial Government of Central Java, Republic of Indonesia, https://jatengprov.go.id.

Abraclean Launches Singapore’s First Recycled Glass Abrasive Plant

Minister for Sustainability and the Environment, Ms Grace Fu, inaugurated ABRABLAST Singapore’s first recycled glass abrasive manufacturing plant in Abraclean (Asia Pacific) Pte Ltd at 46 Pioneer Sector 2, Singapore 628396. Present for the launch were Gurmit Singh, Chairman- Abraclean and Colonel (Ret) Lau Kee Siong- Director.

From (L) Xiang Xiang, MD-Abraclean Asia Pacific Pvt LTd, Gurmit Singh, Chairman, Abrablast, Minister Grace Fu and KS Lau, Director, Abraclean at the launch of Abrablast

ABRABLAST is a proprietary and a registered trademark in Singapore. Abraclean holds a General Waste Disposal Facility licence issued by the National Environment Agency (NEA), to receive, store, process or treat glass waste. The facility is licensed with a design capacity of 50 tonnes per day. We are a “Social Enterprise” moving towards building a Circular Economy.

Gurmit Singh, Chairman, Abraclean quips, “Sustainability is not just a vertical but also a horizontal layer that cuts across various industries. We are supporting Singapore’s circular economy to ensure we recycle the glass and put it to use without harming Gaia (earth). We advocate for Singapore’s Zero Waste Masterplan and believe this move will benefit the country such as contributing to raise recycling glass waste. We can process 40 tonnes daily, approximately 1,000 tonnes a month and 12,000 tonnes per year. This represents, about 16% of glass waste generated in Singapore. By recycling glass in this way, we will save on energy and reduce the carbon footprint. With a zero waste solution we further aspire to lower the landfill burden.”

About Abraclean (Asia Pacific) Pte Ltd

Incepted in the year 2017, Abraclean is a one stop solution company for Blasting and Coating Services. We partner with International Brands of Protective coatings to meet the standards of industry. The company has considerable experience in blasting and coating, corrosion protection by providing proper surface preparation and utilizing various coatings. ABRABLAST represents our first step towards zero waste.

Bloomingdale PR Pte Ltd
Ganesh Somwanshi
+65 9779 1286
ganesh@bloomingdalepr.com

Hylobiz Launches its Business in Indonesia in Partnership with Accurate and Brankas, Empowers M/SMEs with Improved Cashflow and Steady Growth

The partnership of Hylobiz, a Vayana group company, with Accurate and Brankas would facilitate businesses in Indonesia with connected business software, especially accounting & POS (point of sales) and connected banking services supporting them with faster collections and strong cashflow for steady business growth.

With this, M/SMEs in the Southeast Asia market will see a positive transition. Businesses will be able to digitize invoices and collections overcoming the crippling issues related to cashflow and business growth.

With Accurate, Hylobiz shares a joint vision to enable Accurate’s SME customers to achieve Cashflow and Compliance automation and thereby offer Credit (Embedded Trade Finance) through partner FIs, with Accurate ERP continuing as the customers’ primary application interface.

“We (Accurate) are very happy to be partnering with Hylobiz. As we enter the modern era, we believe that everything must be efficient, everything needs to be fast. Hopefully accurate as business software especially Accounting Software & POS can be a solution for SMEs customers with a takeline #Bisnisjadimudah on developing their own business,” said Yosep Stephen as CEO Accurate.

With Brankas, Hylobiz shares a joint vision to enable business growth for Indonesia’s SMEs with cashflow automation by leveraging Open Banking technology.

“Embedded finance is set to have a massive impact on business innovation in the coming years, and we believe the use cases today are only just the beginning. We are excited to see the increasing usage of Brankas APIs by organizations across a variety of industries in Indonesia, and share Hylobiz’ vision to drive faster collections for its customers,” said Husni Fuad, Country Manager Indonesia, Brankas

Digitization of receivables, collections with payment links, automated payment reminders, automated reconciliations in real-time, and smart tracking of payments are some of the top and most needed features available with connected ERP and connected Banking capability established through the synergy of the trio.

Vishal Gupta, CEO, of Hylobiz, said, “Hylobiz has been addressing the cash collections, payouts, and real-time reconciliation for the businesses across India, UAE and the USA helping 250K businesses for growth on their cashflows. With Accurate and Brankas we aim to serve b2b SMEs in Indonesia better through ZERO process change, for faster invoice collections and embedded finance for their business growth.”

About Brankas

Brankas is a leading global open finance technology provider. We provide API-based solutions, data and payments solutions for financial service providers (like banks, lenders and e-wallets) and online businesses. Brankas partners with banks to build and manage their open finance infrastructure, producing APIs for real-time payments, identity and data, new account opening, remittances, and more. With Brankas’ secure open banking technology, online businesses, fintech companies and digital banks can use Brankas APIs to create new digital experiences for their users. Headquartered in Singapore.

Visit website: https://www.brankas.com/

About Accurate

Accurate is a business software to help people manage, monitor, and present their business financial reports easily.

Proven by 21 years of consistency and won top brand awards consecutively for 7 years, with outstanding features that will simplify business operational processes such as preparation management processes, recording and presenting more than 200 types of financial reports automatically, tax management and reporting, integration into various applications and other business support software and many more.

Accurate has served hundreds of thousands of businesses in various industries in Indonesia as their trusted Accounting Software and POS, with easily administer, manage, and as an easy financial system known for its features completeness and operational flexibility. This has led to Accurate Is widespread acceptance by trading companies, distribution companies, contractors, and manufacturing companies. Headquartered in Tangerang Selatan, Banten .

Visit website: https://accurate.id/

About Hylobiz, a Vayana group company

Hylobiz is a Fintech serving to simplify the processes in the B2B ecosystem and is currently operational in India, UAE, and the US and is now launching in Indonesia. With its Connected ERP and Connected Banking capabilities, the unified solution simplifies invoice collections and cashflow in the B2B space and simplifies working capital access. Headquartered in Pune, Maharashtra in India.

Visit Websites: https://hylobiz.id/https://hylo.biz/

Media contacts:

Hylobiz, Perusahaan Vayana Group
Amit Parmar – (WhatsApp) +91 83901 08989
Arkin Dumais – (WhatsApp) + 62 85882567970
Email: amit@vayana.comarkin@hylobiz.com

Brankas
Bala Subramanian – +65 8157 3627(Whatsapp)
Email: bala.subramanian@brankas.com

Accurate
Cinthya W Putri – +62 81381706036
Evan Mangundap – +62 82112433117
Email: cinthya.widayanti@accurate.idevan@accurate.id

Job Market in Malaysia Thrives with 65% Increase in Retail Hiring: foundit Insights Tracker

Malaysia recorded a robust 21% year-on-year growth in e-recruitment activity in December ’22 compared to the same month a year ago, according to the foundit Insights Tracker (fit), formerly published as Monster Employment Index (MEI). The growth is attributed to the country easing travel restrictions and opening its borders. The company Monster APAC & Middle East was rebranded as foundit in ‘December 2022.

The Index stands at 76 with 3% month-on-month growth, driving a spree in hiring activity in December ’22. According to fit, the job market has shown noteworthy growth month over month, projecting a continuous demand in the job market. Moreover, over the last three months, there has been a robust 10% growth in hiring across sectors, indicating a persistent demand in the labour market.

The retail industry experienced an impressive 65% increase in hiring activity year-over-year, primarily due to robust retail sales and an upward trend in consumer sentiment. The easing of Covid rules and regulations, fast-growing retail business, along with borders reopening to boost import/export and resume travel have aided the boost in retail jobs. Similar trends were observed in the hospitality sector, where job demand increased significantly by 55%. With a 34% increase in hiring activity, the BFSI sector also maintained its upward trend.

Commenting on job trends for December 2022, Sekhar Garisa, CEO, foundit APAC & ME, said, “The job market in Malaysia is showing strong and sustained demand, as reflected in the impressive growth numbers reported by the foundit Insights Tracker. This is a testament to the country’s success in easing travel restrictions and reopening its borders, which has led to a surge in demand across various sectors, particularly in retail, hospitality, and BFSI. The overall picture is of resilience and growth, even though some sectors have experienced difficulties due to global economic uncertainty. We believe that this trend will persist in the upcoming months.”

Other sectors that showed encouraging growth in December ’22 are Logistic, Courier/ Freight/ Transportation, Shipping/ Marine (+32%), Oil and Gas (+1%), Production/Manufacturing, Automotive and Ancillary (+2%) and Engineering, Construction and Real Estate (+2%) sector from the year-ago level. The advertising, Market Research, Public Relations, Media and Entertainment industry also saw tremendous growth (+15%) in December 22, led by a surge in digital marketing initiatives and artificial intelligence (AI) deployment.

While the Index reflects a year-on-year hiring dip in IT, Telecom/ISP, and BPO/ITES by 13%, the monthly hiring demand in the sector has seen a notable increase. However, hiring in this sector has slowed in recent months, primarily due to ongoing global economic uncertainties.

Online recruitment surpassed the year-ago level in 8 of the 9 occupation groups monitored by the tracker, with Hospitality & Travel leading the charge at (+212%). This is due to the opening of land and air borders as the country has completely eased out of the Covid-19 pandemic and opened its land borders with Singapore. This factor has also contributed to the positive growth in Sales & Business Development job roles (+28%). The increased penetration of digitization across all sectors, followed by a pickup in Finance & Accounts (+29%) roles, registered an increased demand and has maintained resolute growth rates since April ’21. However, among all monitored functions, customer service is the only one to have registered a de-growth of 17% in December ’22.

The foundit Insights Tracker is a comprehensive monthly analysis of online job posting activity conducted by foundit. Based on a real-time review of millions of employer job opportunities culled from a large, representative selection of online career outlets, the foundit Insights Tracker (FIT) presents a snapshot of employer online recruitment activity nationwide.

Period for the report
The period considered for the foundit Insights Tracker (fit) data is 1st to 31st December, 2022.

About foundit – APAC & Middle East

foundit, formerly Monster (APAC & ME), is a leading talent platform offering comprehensive employment solutions to recruiters and job seekers across APAC & ME. Since its inception, the company has assisted over 75 million registered users to find jobs, upskill, and connect with the right opportunities across 18 countries. Over the last two decades, the company has been a catalyst in the world of recruitment solutions with advanced technology, seeking to efficiently bridge the talent gap across industry verticals, experience levels, and geographies. Today, foundit is committed to enabling and connecting the right talent with the right opportunities by harnessing the power of deep tech to sharpen hyper-personalized job searches, and precision hiring. foundit strongly believes that a job title doesn’t define one’s potential and leverages technology to dig deeper to curate opportunities central to the needs and aspirations of each user.

To learn more, about foundit in APAC & Gulf,

Visit: www.foundit.my | https://www.foundit.in|https://www.founditgulf.com | https://www.foundit.sg | www.foundit.com.ph | www.foundit.com.hk | https://www.foundit.id

Contact:
Namrata Sharma
Namrata.sharma@adfactorspr.com
+6581383034

President Joko Widodo Launches Indonesia’s 2023 ASEAN Chairmanship

The Kick Off of Indonesia’s Chairmanship of ASEAN in 2023 was held at the Hotel Indonesia Roundabout on Sunday (29/01) morning. The event was marked by a rebana biang musical instrument struck by President Joko Widodo at the Hotel Indonesia Roundabout, witnessed by thousands of people. President Joko Widodo expressed optimism that ASEAN will remain relevant, create a peaceful and stable Indo Pacific, and become a centre of economic growth.

President Joko Widodo (middle) is hitting tambourine as a sign to kick off Indonesia’s 2023 ASEAN Chairmanship at Hotel Indonesia Roundabout in Jakarta, Sunday (January 29, 2023). Under his leadership, the President is optimistic that ASEAN will keep growing and being regionally and globally contributive.

The Kick Off event was a collaboration between the Jakarta Provincial Government and the Ministry of Foreign Affairs. Coinciding with the Motor Vehicle Free Day (HBKB), the atmosphere appeared different and livelier than usual with the Nusantara Parade. The parade line-up was colourful and lively, consisting of marching bands, carnival outfits, percussion music groups, and Jakarta art groups, such as Betawi dancers and ondel-ondel. After a leisurely bike ride accompanied by the Minister of Foreign Affairs, the Acting Governor of DKI Jakarta, and a number of Ministers, President Joko Widodo joined the parade line in front of Sarinah, walking together towards the HI Roundabout.

The parade involved more than 500 people from various representative groups, namely Mawar Budaya group, Jakarta Music House, DKI Jakarta Paskibra, students from a number of Jakarta high schools, Altajuru music group, Firefighters and SSY. Also participating in the parade were Ambassadors of friendly countries and representatives of international organisations. The joy of HBKB was further enhanced by the presence of an entertainment stage enlivened by a number of artists, including Rara Lida, Putra Lida and Maria Callista.

The handover of ASEAN Chairmanship from Cambodia to Indonesia took place at the 42nd ASEAN Summit in Phnom Penh last November 2022. Indonesia’s ASEAN Chairmanship period began on 1 January 2023 and will last for a year until 31 December 2023. As one of the founding countries of ASEAN and the largest country in ASEAN, many parties rely on Indonesia to be able to make various breakthroughs and innovations in dealing with various world problems that are also faced by the region.

Through the theme of the ASEAN Chairmanship, namely: “ASEAN Matters: Epicentrum of Growth”, Indonesia is determined to direct ASEAN cooperation in 2023 to continue and strengthen ASEAN’s relevance in responding to regional and global challenges, and strengthen ASEAN’s position as the epicentre of regional economic growth, for the prosperity of the people of ASEAN.

The kick-off was held ahead of the ASEAN Foreign Ministers’ meeting on 3-4 February 2023, which will take place at the ASEAN Secretariat Building, Jakarta.

–Antara

Avendus appoints Sumit Dayal as Independent Non-Executive Director in Singapore

Avendus, one of India’s leading institutional financial services companies, announced the appointment of Sumit Dayal as Independent Non-Executive Director in Singapore today. He will provide guidance and corporate governance oversight as a Board member to Avendus Capital Pte. Limited (Singapore).

A seasoned banker with over 30 years of corporate and investment banking experience, spent 16 years as Managing Director and headed various business units of Standard Chartered Bank in Singapore and Hong Kong. He also spent over 13 years in multiple roles in Bank of America across client risk and client coverage based in India, Singapore, and Hong Kong in the past.

Commenting on the appointment, Gaurav Deepak, Co-founder and CEO, Avendus Capital said, “We are delighted that Sumit has decided to join Avendus Singapore. We’re confident that his exceptional experience and advisory will be of immense value to the franchise as we focus on making Singapore a strong base to grow our institutional franchise in Investment Banking, Institutional Equities and Wealth Management.”

Sumit Dayal, Independent Non-Executive Director, Avendus Capital Pte. Limited said, “I am delighted to join Avendus. It’s an institution that has been built on very strong fundamentals and one that I have admired immensely. I am looking forward to working with the firm to further deepen its linkages in the APAC region.”

About Avendus

Avendus Group is a leading financial services firm with presence in the areas of Investment Banking, Wealth Management, Credit Solutions and Asset Management. Established in 1999 in Mumbai, India, Avendus is today present in 10 cities across India, US, UK and Singapore. Avendus partners with the Indian entrepreneur ecosystem to provide differentiated solutions that enable clients to meet their strategic aspirations.

Avendus Capital, the investment banking arm, is consistently ranked among the top investment banks in the country on the back of its in-depth domain understanding and a best in the class track record of domestic and cross-border transactions. Avendus’ wide range of clients is testimony to its ability to serve its corporates throughout their life cycle — from growth stage funding to large-sized transactions and M&A advisory.

Avendus Capital Inc located in New York is an Avendus Group entity offering M&A and Private Equity syndication services to clients in the US.

Avendus Capital Pte Limited located in Singapore is an Avendus Group entity undertaking Fund Management business in Singapore.

For more information, please visit www.avendus.com.