Children Baby & Maternity Exhibition 2019 to Soar Entrepreneurs Improving Quality for Business Growth
 
Mar 25, 2019
Category:

JAKARTA, Indonesia, March 25, 2019 /PRNewswire/ -- Introducing the first-ever business to business (B2B) exhibition for children, baby, and maternity products in Indonesia, Children, Baby & Maternity Exhibition (CBME) 2019 is setting a new stage for hundreds of retailers, manufacturers and communities. Stepping in with more diverse products for over 4,000 buyers, retailers, and children, baby & maternity (CBM) product's entrepreneurs, not only will CBME 2019 showcase the newest trend in the industry, but also equip all visitors and young entrepreneurs with extensive knowledges on how to succeed in the business.

Organized by one of the Indonesia's largest exhibition organizer, Pamerindo Indonesia, the trade show will take place in JIExpo Kemayoran Jakarta on March 27-29, 2019 involving special programs, such as seminar sessions and business matching. At the seminar sessions, key industry players and influencers, including Blibli.com, the Indonesian Toy Traders & Manufacturers Association (APMI), and quality testing services company, PT Qualis Indonesia, will highlight the role of retailers & manufacturers, to grow their field from fledging business to fully fledged global giant.

"CBME Indonesia will showcase over 120 products in various categories from 9 countries, including Korea, Germany, Denmark, Taiwan, Mainland China and Malaysia. Through seminar programs, we highlight the importance of adapting to the new market, particularly with change of consumer behavior due to digitalization and better knowledge of product quality. We expect all industry players will take advantages from this event, to expand their business significantly," said Niekke Budiman, Senior Event Manager of Pamerindo Indonesia.

CBME 2019 will include wide-array of products, including maternity and baby care, baby carriages, furniture, food, healthcare, as well as toys, educational products, and maternity accessories. The sectors, as stated in Grand View Research, is expected to fuel the industry growth globally until 2025 due to the rising consumer awareness in child health and changing lifestyle in developing countries. However, the research added, high manufacturing cost owing to testing and quality checks may pose a new challenge for the industry growth.

"Quality-control processes ensure consistency, as the most important aspect to build and succeed a business. Creating comfort to customers, a research said, maximizing their satisfaction will also lift business revenue by up to 15 percent while lowering product recalls and serving cost, as you have certainly noticed that you provide the best quality goods for customers," said Erwin Rinaldi, Vice President of PT Qualis Indonesia.

The CBME's special programs will also give new insights to visitor, to identify the emerging export opportunity signals while keeping a sharp-eye identification to the new market trend. As the country's only and leading B2B trade fair for baby products, CBME is the best platform to directly connect the business with potential partners. Click here for detail seminar schedules and programs.

About Pamerindo Indonesia:

Pamerindo Indonesia is the leading trade fair organiser in the country, and since its inception it has organised over 180 international trade exhibitions in Jakarta, Surabaya and Bali. PT Pamerindo's exhibitions provide the quality platform for buyers and sellers to interact, exchange and trade.

Pamerindo Indonesia is part of the UBM network, the largest commercial event organiser in Asia, China, India and SE Asia, with a strong presence of 36 offices and over 1,600 staff in 25 major cities, and a combined portfolio of over 290 events, 28 trade publications and 18 online products covering a wide range of market sectors. UBM provide a one-stop diversified global service for high-value business matching, quality market news and online trading networks.

Media Contact:

Abdi Fajrin
Assistant Marketing Manager
PT Pamerindo Indonesia
Tel: +6221-2525-320
Email: abdi.fajrin@ubm.com

Source: PT Pamerindo Indonesia

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Growing investment in local content spurred by streaming companies is threatened by rampant piracy
 
JCN Newswire
Mar 20, 2019
Category:

With AVIA's "Indonesia In View" there is broad optimism for the future of Online Curated Content VOD services in Indonesia, with existing Pay TV services being increasingly challenged, but both threatened by piracy.

JAKARTA, Mar 20, 2019 - (ACN Newswire) - The Asia Video Industry Association (AVIA) yesterday held a one-day conference, Indonesia in View, to assess the health and prospects of the video industry in South East Asia's largest country. The "In View" events are designed to bring together government officials, key in-country business heads, and international and local experts to discuss crucial issues relevant to the industry.

The conference was opened jointly by Ibu Rosarita Niken Widiastuti, the Secretary General of the Ministry of Communication and Information Technology and Dr. Yuliandre Darwis, the Chairman of KPI. Presaging one of the key themes of the day, Dr Yuliandre said the government hoped to see and support increasing investment in local content. Alphabeta Engagement Manager Konstantinos Matthies observed that his firm's surveys indicate that Online Curated Content (OCC) providers would multiply their investment in Asian content 3.7 times, in the next three years. Fauzan Zidni the Chairman of APROFI (the Indonesian Association of Film Producers) also acknowledged the opportunity for the local production industry to grow and move up the value chain with the increased focus on local productions. Joddy Hernandy, SVP Media and Digital Business and EGM Digital Services Division of Telekom emphasised the importance of the user experience for both paid and ad supported services.

In a lively discussion between the major OCC video streaming companies - Hooq, iflix, OONA, Viu and Telkomsel, Jason Monteiro, CMO of iflix, said they would double their investment in local content this year, as they had seen favourable audience reactions to Asian stories. All parties agreed that unique, original content was this biggest draw to attract subscribers while Dr. Guntur S. Siboro, Country Head of Hooq pointed out that real competition was for app space on the smartphone and there was really only a desire for one content app from Indonesian consumers. Crispin Tristram, VP of digital lifestyle service of Telkomsel talked about the growing success of their super app that aggregates content but also pointed out the challenges of monetisation - in gaming they are seeing a 10% conversion rate from free services to paid, for music it is 3% but for video it is less than 1%.

This low conversion rate was almost certainly largely because of the high levels of piracy in Indonesia. Over discussions throughout the day it became clear there was still a large traditional DTH piracy market with local cable operators illegally retransmitting DTH signals to their own subscribers; but there was also a massively growing digital streaming piracy ecosystem and until that is addressed, free to paid conversion rates for video services will remain low.

The final session of the day focussed further on the problems of piracy, especially as it related to football and Louis Boswell, CEO of AVIA highlighted the focus the association now has on piracy and the active engagement it is currently pursuing with local industry and government in Indonesia.

A new survey, commissioned by AVIA's Coalition Against Piracy (CAP), and conducted by YouGov highlights the detrimental effects of streaming piracy on legitimate subscription video services. The YouGov survey found that 29% of online Indonesian consumers use an TV box to stream pirated television and video content. Of the 29% of consumers who purchased an illicit streaming device (ISD) for free streaming, two in three (66%) stated that they cancelled all or some of their subscription to legal pay TV services. Specifically, 33% asserted that they cancelled their subscriptions to an Indonesian-based online video service as a direct consequence of owning an ISD. International subscription services, which include pan-Asia online offerings, were also impacted - more than one in three (31%) Indonesian users abandoned subscriptions in favour of ISD purchases.

Indonesia in View was supported by Presenting Sponsor TV5Monde, alongside sponsorship from Hansen Technologies and NHK World Japan.

About the Asia Video Industry Association

The Asia Video Industry Association (AVIA) is the trade association for the video industry and ecosystem in Asia Pacific. It serves to make the video industry stronger and healthier through promoting the common interests of its members. AVIA is the interlocutor for the industry with governments across the region, leads the fight against video piracy and provides insight into the video industry through reports and conferences aimed to support a vibrant video industry. AVIA evolved from Casbaa in 2018.

Media Contact:
Nirav Haji
Head of Marketing and Communications
Tel: +65 9188 54944 / +852 5741 6559
Email: niravhaji@asiavia.org

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Maybank Indonesia announces Maybank Bali Marathon 2019 Dates and Registration
 
JCN Newswire
Mar 16, 2019
Category:

JAKARTA, Mar 16, 2019 - (ACN Newswire) - PT Bank Maybank Indonesia Tbk (Maybank Indonesia) today announced this year's Maybank Bali Marathon (MBM 2019) will be held on September 9, 2019, with running categories marathon (42.197 km), half-marathon (21.0975 km), 10K and kid dash. Registration will open at www.balimarathon.com on March 28, 2019 at 13.00 Western Indonesian time (WIB) until all slots are sold. The registration will be on first come first served basis, where runners registering early will have a better chance to join the running competition.

As a distinctive marathon event, MBM 2019 offers three differentiated features: running experience, an international standard competition and security & service quality.

In terms of experience, MBM provides a different running experience as an internationally acclaimed marathon event, with a route that offers Bali's scenic natural beauty and culture as a tourism destination with its slopes, rice fields, and villages along Gianyar and Klungkung residences. Runners will also enjoy Balinese local wisdom and hospitality, as Maybank Indonesia consistently involves the local community to entertain the participants with songs, dances and other Balinese cultural performances during the marathon.

In terms of international standards, MBM has been certified by the International Measurement Certificate number INA2012/009 and has been validated by the Association of International Marathons and Distance Races (AIMS) and Indonesia's Athletic Association (Persatuan Atletik Seluruh Indonesia / PASI). MBM has qualified as well to be listed in the official race directory of Boston Marathon.

While in terms of security and service, MBM applies an international medical standard and is committed to provide education to runners for pre event marathon preparations. MBM will work together with Running Coaches to conduct training programs, tips and joint training to assist runners to prepare themselves for the Race Day.

"Since the first Bali Marathon in 2012, we strive to accommodate the ever increasing public interest, including our customers, wishing to join the marathon. This is reflected in the growing number of participants annually. As the number of participants increases, we are committed to maintaining the runner's security and convenience by improving supporting infrastructure," says Widya Permana, Project Director Maybank Bali Marathon 2019.

Maybank Indonesia has the vision to bring MBM as a world class main sports tourism event. MBM is not just a race for the runners but also an event that involves families to come and enjoy a holiday in Bali. Bali has adequate infrastructure to become the perfect family destination, both for couples and for kids. The infrastructure can accommodate runners from around the globe to join the MBM event.

Since its inaugural marathon, MBM has always been accompanied with sustainable corporate responsibility programs for the local community. A series of community empowerment and educational support programs will again be held by Maybank Indonesia for the Balinese with MBM 2019.

Further information about Maybank Bali Marathon 2019 can be obtained by contacting a Maybank Indonesia branch or through the website at www.balimarathon.com, Instagram Maybank Bali Marathon, facebook www.facebook.com/BaliMarathon and twitter @BaliMarathon.

Maybank Bali Marathon 2019 Slot Pricing & Details: http://www.acnnewswire.com/clientreports/598/Maybank-3.16.19.pdf

Maybank Bali Marathon

Maybank Bali Marathon is an international level marathon held by Maybank Indonesia since 2012 that offers the categories of full marathon with distance 42.195 km, half marathon (21.0975 km), 10K (10 km) and kid's dash. Various recognitions have been achieved by Maybank Bali Marathon among them: included as one of the eleven "Remarkable races in the world that one must participate before you die" by The Active, one of "The 52 Best Races on Earth 2016" by Runnersworld, Best Marathon 2016, Best Half Marathon 2015, and the Most Popular Sport Event 2018 by the Venue magazine. Learn more at www.balimarathon.com.

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ASEAN Foundation and Microsoft Launch a Joint Initiative to Create a Generation of Future-Ready ASEAN Youth
 
JCN Newswire
Mar 14, 2019
Category:

Indonesia, Mar 14, 2019 - (ACN Newswire) - The ASEAN Foundation and Microsoft today announced the launch of the ASEAN Digital Innovation Programme, aimed at equipping underserved ASEAN youth aged 15 to 35 with future-ready skills.

ASEAN's future depends on its youth

Youth, who account for more than 33% of ASEAN's population, undoubtedly play a key role in bringing the region closer to its aspirations as outlined in the ASEAN Community blueprints. All ten ASEAN Member States have intensified their efforts to develop and empower youth under the realization that the future of ASEAN is in the hands of its youth as they become ASEAN's future leaders and catalysts for economic, social and cultural development.

However, the first ASEAN Youth Development Index (ASEAN YDI) conducted in 2016 revealed a worrying trend. The ASEAN YDI serves as a key instrument of the ASEAN Work Plan on Youth 2016-2020 in formulating evidence-based policy and planning youth development programmes in the region. It indicated that the youth unemployment ratio of the region has reached an alarming figure of 6.4 over the 2011 to 2015 period, meaning that youth were 6.4 times more likely to be unemployed than their adult counterparts in the labour force.

Preparing ASEAN youth for industrial revolution 4.0

The ASEAN Digital Innovation Programme aims to reach 46,000 underserved youth in seven ASEAN countries (Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Thailand, and Viet Nam) and equip them with digital skills to enable them to thrive in the fourth industrial revolution. To achieve this objective, local partners from each of the seven countries will be brought in to deliver capacity building workshops for over 500 educators by harnessing a specifically developed learning module.

Following the implementation of the workshops, a regional blog-making competition for youth from 10 ASEAN Member States will take place at the end of the year. The competition will challenge ASEAN's youth to create a blog on ASEAN-wide sustainability challenges. Besides the competition, another key milestone of the programme will be an integrated website, which will be launched in April this year. The website will serve not only as the foremost e-learning platform for underserved youth in ASEAN to deepen their digital skills, but also as medium to spread ASEAN's awareness among youth.

Yvonne Thomas, Director of the Global Digital Skills program, Microsoft Philanthropies shared "At Microsoft, we strongly believe that technology can be a force for social and economic inclusion. By equipping young people with digital skills, we're increasing their economic opportunities while also addressing the talent shortage faced by industries as they digitally transform. With the ASEAN Digital Innovation Programme, we are committed to building the capacity of the ASEAN Foundation and its local training partners to equip underserved youth - in particular young women - for the future of work. Through high-quality and equitable computer science education, youth will develop creativity, critical thinking, and problem-solving skills - essential attributes for them to thrive across all sectors."

Realizing the goals of ASEAN Community

One of the visions of the ASEAN education sector is to promote a community that acknowledges the importance of youth as the future of ASEAN, and one with an enhanced awareness of ASEAN as a region. This vision is aligned with what the programme is aiming to achieve through its combination of interventions.

Furthermore, the ASEAN Digital Innovation Programme will also play a significant role in achieving the goals as laid out in the ASEAN Work Plan on Youth 2016-2020, and, by extension, the ASEAN Socio-Cultural Community Blueprint 2025, especially from the way the programme strives to (1) sustain the focus on youth entrepreneurship through structured capacity building and mentoring programmes, (2) enhance youth employability through skills training and life-long education, (3) enhance awareness and appreciation of an ASEAN community through mutually beneficial people-to-people exchange programmes, and (4) increase youth competencies and resilience with advanced technological and managerial skills.

"We're happy to announce that the ASEAN Foundation has joined hands with Microsoft in implementing a regional programme that aims to equip ASEAN youth with digital skills that are critically necessary in the current day and age," said Elaine Tan, the Executive Director of ASEAN Foundation. "We hope that this partnership will also highlight a meaningful engagement and collaboration that can take place among different stakeholders to develop a regional initiative by working together in achieving sustainable development that can bring tangible impact to the ASEAN Community."

About ASEAN Foundation

Three decades after ASEAN was established, ASEAN leaders recognised that: there remained inadequate shared prosperity, ASEAN awareness and contact among the people of ASEAN. It was of this concern that ASEAN leaders established ASEAN Foundation in Jakarta, Indonesia, at ASEAN's 30th Anniversary Summit in Kuala Lumpur, Malaysia, on 15 December 1997. The ASEAN Foundation is an organisation from and for the people of ASEAN. The Foundation exists because of one vision: to build a cohesive and prosperous ASEAN Community. As an ASEAN body, the Foundation is tasked to support ASEAN mainly in promoting awareness, identity, interaction and development of the people of ASEAN.

About Microsoft

Microsoft (Nasdaq "MSFT" @microsoft) is the leading platform and productivity company for the mobile-first, cloud-first world, and its mission is to empower every person and every organization on the planet to achieve more.

For media enquiries, please contact:
Anthoni Octaviano (anthoni.octaviano@aseanfoundation.org)
Delphine Gunther (a-delphg@microsoft.com)

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Indonesia's First-Ever B2B Exhibition for Child Baby Maternity to Rise Hundreds of New Business Opportunities
 
Mar 13, 2019
Category:

JAKARTA, Indonesia, March 13, 2019 /PRNewswire/ -- The first-ever business-to-business (B2B) exhibition for children, baby, and maternity products will make its debut in Indonesia, on March 27, 2019 at JIExpo Kemayoran Jakarta. Organized by the country's largest exhibition organizer, Pamerindo Indonesia, the Indonesia's first Children, Baby, Maternity Expo (CBME) 2019, is thrilled to create a new thriving business environment, by taking up abundance opportunities afforded by top industry manufacturers from over nine countries.

It brings together over 120 major brands and manufacturers, extending across maternity and baby care products, ergonomic furniture, children and maternity clothing, food and healthcare, as well as toys and stationaries. Prominent brands to participate in the exhibition include MamyPoko, Sweety, Mooimom, Bloom & Grow, Farlin, Oyster, Nuna, Joie, Munchkin, Grandpa's Farm and many more!

"Increased spending power for baby, maternity, and child care products have coupled with continuous product innovation and differentiations, leading to a new potential economic growth in Indonesia. The major factor to succeed in this sector is providing a vast array of novel products, as well as knowledge and information, all under one CBME Indonesia's roof. Here we deliver the unique initiative, thus, the baby, children, and maternity manufacturers will move forward to be the next economic giant in Indonesia," said Niekke Budiman, Senior Event Manager of Pamerindo Indonesia.

As the 4th world's most populous country, with the median age is under 30, Indonesia now ranks 7 in terms of purchasing power, or the highest number in Southeast Asia, according to IMF. This increasing younger population has led to higher spending in fashion and lifestyle items, as stated in a research by Australian Trade Government, wherein children, baby, and maternity products is now being part of it.

Being one of the biggest spenders, a research by Hong Kong Trade Development Council added that the Southeast Asia's millennial parents are keen to buy the best products for their children, but tend to try many different products in efforts to find the best deals.

"We see that retailers often face difficulties in providing multiple differentiated products with high value and quality. Taking role as a middleman between manufacturers and end-users, not merely we accommodate the best channel for retailers, but we also ensure retailers getting supplied from the best sources, while help organizations to expand the market," said Johan Tandanu, Secretary General of Indonesian Toy Manufacturers Association (APMI).

In quest of continuing success through unique and innovative value propositions, key associations and exhibitors will also perform knowledge sharing and rich content around community. It has several seminar sessions from key executives of Blibli.com, PT Qualis Indonesia, Kantar, and APMI, as well as Business Matching program to arrange meeting and discuss new business opportunity, directly with exhibitors in advance. For more information, visit https://www.cbmeindonesia.com/

About Pamerindo Indonesia:

Pamerindo Indonesia is the leading trade fair organiser in the country, and since its inception it has organised over 180 international trade exhibitions in Jakarta, Surabaya and Bali. PT Pamerindo's exhibitions provide the quality platform for buyers and sellers to interact, exchange and trade.

Pamerindo Indonesia is part of the UBM network, the largest commercial event organiser in Asia, China, India and SE Asia, with a strong presence of 36 offices and over 1,600 staff in 25 major cities, and a combined portfolio of over 290 events, 28 trade publications and 18 online products covering a wide range of market sectors. UBM provide a one-stop diversified global service for high-value business matching, quality market news and online trading networks.

Media Contact:

Abdi Fajrin
Tel: +62 2525 320
Email: abdi.fajrin@ubm.com

Source: PT Pamerindo Indonesia

 
 
Future Commerce Indonesia 2019 Hub for Digital Industry Players in Shaping the Future of Digital Economy in Indonesia
 
Feb 08, 2019
Category:

A two-day exhibition and conference that connects players in the digital industry or companies to move to the digital economy in finding ways and strategies to stay ahead in business.

JAKARTA, Indonesia, Feb. 6, 2019 /PRNewswire/ -- The largest digital event in Indonesia Future Commerce Indonesia 2019, previously known as Internet Retailing Expo, was held once again on January 29-30, 2019 at Shangri-La Hotel in Jakarta. With the theme "Shaping the Future of Commerce", Future Commerce Indonesia 2019 brought together leading brands and retails from cross-industry, cross-technology, with innovative tech enablers and start-ups to disrupt and shape the future of commerce in the current digital economy.

Organized by Clarion Events, one of the oldest independent event organizers in the UK since 1974, Future Commerce Indonesia 2019 presented 100+ technology breakthrough from local and global brands and start-ups such as Accenture, Gilkor, Grab, SiCepat, Tokopedia, Lenovo and Google to share knowledge through the inspirational topics, led renowned speakers and innovative exhibition, showcasing the latest digital technologies to reflect the new economy in Indonesia.

Asia Managing Director of Clarion Events, Richard Ireland says: "We believe innovation technology will have a huge role in current and future business growth in Indonesia, considering that we are facing the digital economy era. Future Commerce Indonesia 2019 is present as a place to exchange ideas and showcase technological innovations from various local and global digital industry players who are ready to support the development of the digital economy through this event."

A variety of topics were covered during the conference, including Digital, Mobile, Payment technologies, eLogistic, Cyber Security, Analytics, Big Data, Cloud, Advertising, and Marketing in sectors such as Media, Finance, Retail, and eCommerce, Travel & Hospitality, Education, Fashion & Beauty, and Food & Beverage.

"Indonesia has become one of the biggest markets in digital innovation, and we hope Future Commerce Indonesia 2019 can support the growth of Indonesia's digital economy to grow bigger and also be recognized internationally," added Richard.

As the knowledge partner, Accenture in Indonesia showcased its latest innovation on managing e-commerce based on in-depth research into digital commerce to help APAC businesses understand the likely impact of this quantum leap, including how to manage the workforce due to incremental changes in the organization.

"This quantum growth is being driven by digital commerce -- the new ways of buying, selling and marketing goods and services through digital channels that are largely replacing the old ways of doing business online," said Mohammed Sirajudeen, Managing Director for Digital Commerce and Customer Insights & Growth. "Companies will need to have digital transformation agenda, digitisizing suppy chain and aligning human capital."

Future Commerce Indonesia 2019 has gained full support from KADIN Indonesia (Indonesian Chamber of Commerce and Industry), Indonesia R&D International, Indonesian Logistic Association (ALI), Association of Cloud Computing Indonesia (ACCI), Association of Big Data and AI Indonesia (ABDI), Indonesian Retail Merchants Association (APRINDO) and many more.

The launch of Future Commerce Awards was also held at the conference as the latest platform to recognize the best potential in the industry from players through the best digital, retail, and technology campaigns.

For further information, please visit www.futurecommerceindo.com.

About Future Commerce Indonesia

Originally known as Internet Retailing Expo Indonesia, it is the largest digital event in Indonesia which connects leading brands and retailers from cross-industry, cross-technology during past 3 years. Attended by more than 5,000 attendees, 300 speakers worldwide, 200+ exhibitors and sponsors at 150 conference sessions, numerous networking activities and countless business meetings on the exhibition floor.

In 2019, Internet Retailing Expo Indonesia is now rebranded to be known as Future Commerce Indonesia with main focus to disrupt and shape the future of commerce in the current digital economy.

The details can be found at www.futurecommerceindo.com

About Accenture

Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions -- underpinned by the world's largest delivery network -- Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With 469,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Visit us at www.accenture.com.

About Accenture Digital

Accenture Digital helps businesses and governments redefine how they serve connected customers and operate connected enterprises. We offer complete, integrated digital business and technology services - digital marketing, mobility, analytics, social and cloud. Our offerings support every phase of the digital journey - from developing digital strategies to implementing digital technologies and running digital processes on their behalf. Our end-to-end services span everything from strategy, business process, people, organizational change and technology -- coupled with our world-class industry expertise.

Media Enquiries:
Accenture Indonesia
Nia Sarinastiti
Marketing & Communication Director
Wisma 46 -- Kota BNI -- 18th Floor
Jl. Jend. Sudirman Kav. 1, Jakarta 10220
Tel: +6221-574-6575
Email: nia.sarinastiti@accenture.com

Source: Accenture

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Bridestory Fair: Embracing Indonesian Heritage in 2019 Wedding Trends
 
JCN Newswire
Feb 04, 2019
Category:

JAKARTA, Feb 2, 2019 - (ACN Newswire) - Bridestory Fair, a one-of-a-kind wedding exhibition by Bridestory, is back to inspire and help engaged couples in planning their wedding. Held on 1-3 February at Sheraton Grand Jakarta Gandaria City Hotel, this three-day event will highlight a 'Modern Heritage' theme and showcase the latest wedding trends and inspirations with a touch of Indonesia heritage.

Bridestory Fair 2019 will present a never-before-seen installations that are inspired by Indonesian heritage, in collaboration with talented wedding decorators. They are named as 'Titik Awal' by Flora Lines Decoration, 'Ruang Rasa' in collaboration with Bridestory and AIRY, and 'Dua Selamanya' by Royal Design Indonesia.

"Though many couples are often seen throwing modern celebrations, we still see that traditional and cultural elements are still inseparable from most wedding celebrations in Indonesia. Hence, we choose this theme for this event, where it is represented with local decorative elements such as wood, rattan and batik patterns, combined with natural colors like beige and brown," explained Nathalia Isadora, Bridestory Fair Lead Project Coordinator.

Bridestory Fair 2019 collaborates with 100+ vendors from 15+ different categories to offer couples various options and special packages for their big day. Some participating vendors include AYANA Resort and Spa - BALI, The St. Regis Bali Resort, Flora Lines Decoration, AIRY, Iluminen, AXIOO, Yogie Pratama, Merras Bride, Wong Hang Distinguished Tailor, LeNovelle Cake, CAVA PRIVE, VA Make Up Artist, Tulola, Miss Mondial, among others.

We've opened a special section this year, the Bridestory Gift Section, where couples can purchase various gifts to complete their wedding or find small tokens of appreciation for their bridesmaids or groomsmen. Some vendors that can be found in this area are Camani, Kandura Studio, WIT Wear It Too, LANCCA, etc.

What's more exciting, couples can enjoy a chance to win 100% cashback when making a transaction with participating vendors using Bridestory Pay. This payment method also offers other benefits for couples, such as more payment options and installments up to 24 months from 15 banks in Indonesia.

"We hope that Bridestory Pay can help couples to make their dream weddings possible and bring more benefits for engaged couples when making a transaction with our vendors," explained Bridestory VP of Marketing, Ayunda Wardhani.

Bridestory Fair 2019 is officially open for the public from Friday - Sunday, 1 - 3 February, from 10:00-22:00. The event is free admission, simply download Bridestory app and show it at the entrance. For more information, visit www.bridestory.com/fair

ABOUT BRIDESTORY
Established in April 2014, Bridestory has grown into an inspiring online global wedding marketplace that connects couples with wedding professionals around the world. With more than 700,000 users visiting its site every month, Bridestory has become the leading wedding marketplace in Southeast Asia with its comprehensive service and endless inspiration for couples in Singapore, Philippines, Malaysia, and Australia. Bridestory also owns one of the world's largest wedding Instagram networks, reaching more than 2.5 million people globally with daily wedding inspirations. For more information, visit www.bridestory.com, and download the Bridestory App.

ABOUT SHERATON GRAND JAKARTA GANDARIA CITY HOTEL
Sheraton Grand Jakarta Gandaria City Hotel provides 3,567 sqm of ballroom, meeting rooms and boardrooms that can caters up to 3,000 people. With a neutral design and high ceiling with no pillars, Sheraton Grand Jakarta Gandaria City Hotel is a perfect venue to celebrate any kind of special event, including your wedding day with a wide range of packages starting from IDR 488 million.

CONTACT
Natashia Virginia
natashia.virginia@bridestory.com

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Intiland Secures Rp2.8 Trillion from Syndicated Loan Facility
 
JCN Newswire
Jan 31, 2019
Category:

JAKARTA, Jan 31, 2019 - (ACN Newswire) - Property developer PT Intiland Development Tbk (Intiland; DILD) announced that it has secured a syndicated loan facility worth Rp2.8 trillion. The eight-year tenor syndicated loan facility, due in 2026, was arranged by Bank Negara Indonesia (BNI) and Bank Central Asia (BCA), comprising of Rp1.63 trillion (58.33%) from BNI and Rp1.17 trillion (41.67%) from BCA. Interest rate for the facility was 10.5%.

Intiland's Director of Capital and Investment Management, Archied Noto Pradono expressed his appreciation for the cooperation and support from BNI and BCA for disbursing the syndicated loan facility. The line of credit demonstrated trust from the banking and financial sector in the Company's business prospect in the future.

"We extend our appreciation to BNI and BCA for their trust in Intiland. Disbursement of the syndicated loan facility has a positive impact for Intiland in carrying out its strategic plans, strengthening its financial structure, and improving its business performance," Archied said in a press conference in Jakarta on Wednesday, 30 January 2019.

The facility was arranged pursuant to a cooperation agreement established since September of last year. The agreement on the syndicated loan facility was officially signed by Intiland, BNI, and BCA on 21 December 2018.

Archied said that the financing facility was an investment loan to refinance debts and increase working capital. The Company plans to use a major portion of the proceeds to refinance loans to eight banks and redeem bonds due to mature in the middle of this year.

Currently, Intiland has loans from a number of banks at different interest rates and terms. This led to inefficiencies in debt management in terms of cost of fund and administration process.

The Company can gain positive benefits by refinancing its debts. These benefits include, among others, lower interest expenses, simplified administration, and improved financial structure of the Company.

"By securing a longer tenor, we have a greater flexibility in managing the financial and funding structure for business development. We refinanced a total of Rp2.16 trillion in bank loans; redeemed Rp428 billion in outstanding bonds; and added Rp221.67 billion to the working capital," said Archied.

In 2016, the Company issued the Rp590 billion Intiland Bonds II in two series. Series A of the Bonds was issued with a principal amount of Rp428 billion with an interest rate of 10.75% for a three-year tenor. Series B of the Bonds was issued with a principal amount of Rp162 billion with an interest rate of 11% for a five-year tenor.

"Series A of the Bonds is due to mature on 29 June 2019. The funds from the loan facility has been allocated; we are now waiting for the bonds to mature," added Archied.

In addition to refinancing bank loans, a portion of the proceeds from the syndicated loan facility was allocated to increase working capital.

BNI's Director of Corporate Banking Putrama Wahju Setyawan said that the credit arrangement for Intiland by BNI and BCA demonstrated corporate support for the property sector. It was also a form of BNI's support for government programmes aimed to accelerate economic growth. Under the syndicated loan agreement, BNI is the Joint Mandated Lead Arranger and Bookrunner (JMLAB) as well as the Facility Agent and Escrow Agent.

Furthermore, this agreement is a continuous synergy between State-owned Banks and private banks to provide credit for the property sector," he said.

Sales Performance

In 2018, Intiland recorded a marketing sales of Rp2.28 trillion, down 22.1% compared with Rp2.93 trillion recorded in 2017. Nevertheless, the Company increased its recurring income to Rp595.7 billion, up 12.8% compared with Rp528.2 billion booked in 2017.

"The market tends to adopt a wait-and-see attitude and will recover once the positive momentum arises. We saw that the market's purchasing power is still there, but consumers are more selective with their purchases and property investments," Archied said.

For this year, the Company will focus on developing existing projects. These projects include the Pinang Residence townhouse, a new cluster in the Serenia Hills residential complex, and a new apartment development in South Quarter.

Intiland has prepared a number of primary strategies to maintain its financial stability and level of growth. In addition to finding strategic collaboration opportunities through partnerships or joint ventures, the Company is also focused to market its remaining inventory.

To complement these strategies, the Company plans to dispose non-core and low-earning assets. These strategic measures are believed to be able to strengthen its business performance.

About Intiland

Intiland is a leading property developer in Indonesia with more than 45 years of experience. Listed on the Indonesia Stock Exchange since 1991, Intiland has been known as an innovator and trendsetter in the Indonesian property industry. Within a few years, Intiland has developed buildings that quickly became national landmarks: the Paul Rudolph-designed Intiland Towers in Jakarta and Surabaya, and The Regatta, a luxury beachfront development in Pluit, North Jakarta designed by Tom Wright (designer of Burj Al Arab). Graha Family, a main residential development in Surabaya, has become one of the most prestigious residential areas. Intiland currently has a diverse portfolio of property products, including residential areas, office buildings, apartments, building management, industrial areas, and management of sports and golf facilities. In addition to successfully building a number of prestigious projects, Intiland is also proactive in industrial development and social commitment efforts. The Company is one of the corporate founders of the Green Building Council Indonesia, an exclusive member of Indonesia Health Fund, and member of the Jakarta Old Town Revitalization Corporation. The Company is also responsible for Intiland Teduh, a program to help people with low-income to own decent homes. Intiland has become a leading lifestyle property developer.

About BNI

PT Bank Negara Indonesia (Persero) Tbk. or BNI was established on 5 July 1946 and was the first state-owned bank following Indonesia's independence. Under the Government Regulation in Lieu of Law No. 2/1946, BNI was originally established as a central and public bank before operating as a commercial bank since 1955.

As of 2018, BNI has 2,256 outlets in 34 provinces and 420 regencies and cities across Indonesia. BNI also operates 33 Medium Credit Centres (Sentra Kredit Menengah, SKM), 24 Small Credit Centres (Sentra Kredit Kecil, SKC), 44 Small Credit Units (Unit Kredit Kecil, UKC), and 12 Consumer & Retail Loan Centers (LNC).

BNI has a network of 18,311 ATMs operating in 34 provinces and 521 regencies and cities in Indonesia. It also operates 6 ATMs abroad - 4 in Hong Kong and 2 in Singapore. Its ATM network is also able to process transactions using debit cards displaying the GPN, Link, ATM Bersama, and Prima logo. As a holding company, BNI has 4 subsidiaries: BNI Syariah (sharia banking), BNI Life (insurance), BNI Securities (capital market), BNI Multifinance (financing), and BNI Remittance (remittance)
For further information, please contact:

PT Intiland Development Tbk
Theresia Rustandi
Corporate Secretary
T +62 21 570 1912
F +62 21 570 0015
E theresia.rustandi@intiland.com

PT Bank Negara Indonesia Tbk (Persero)
Kiryanto
Corporate Secretary
T +62 21 572 8387
E bni@bni.co.id

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Company JCN Newswire
Contact Tiara Liu
Telephone +81-3-6859-8400
E-mail cs@acnnewswire.com
Website www.jcnnewswire.com
Asian Tour and Habitat for Humanity Indonesia build homes together with families in Sentul
 
Dec 19, 2018
Category:

JAKARTA, December 19, 2018 --( ASIA TODAY )-- Celebrating hope, joy and giving, Asian Tour golfers and staff spent a day to volunteer and build homes with Habitat for Humanity Indonesia and future homeowners in Sentul village, Bojong Koneng in Bogor to cap the successful Indonesian Masters.

"It has been a meaningful year for the Asian Tour in 2018. As we celebrate another season of success, we are happy to see that many stakeholders within the Asian Tour family made an effort to give back to society through our partnership with Habitat for Humanity.

Through this partnership, our objective is to help Habitat for Humanity expand their brand awareness by garnering support from the golfing community to provide more families with access to affordable housing.

Over the past 12 months, players and staff have also volunteered their time on-site in India, Thailand and now Indonesia, which are some of the places that we host tournaments in. We are proud to be able to pledge our support to Habitat for Humanity," said Cho Minn Thant, Chief Operating Officer of the Asian Tour.

George Gandranata, Berry Henson, Elki Kow, Wolmer Murillo, Fajar Win Nuryanto and Mitchell Slorach comprise the Asian Tour golfers who are leading the build. Asian Tour management and staff also worked together with Habitat for Humanity Indonesia ambassadors, and families in building three homes.

Rick Hathaway, Asia-Pacific vice president of Habitat for Humanity International said, “We are grateful for the strong partnership with Asian Tour through 2018. The build with Habitat families in Sentul marks Asian Tour’s continuous support. Thanks to the passion and commitment of golfers and staff, we can move closer to our vision of a world where everyone has a decent place to live.”

During the build, Asian Tour volunteers were able to meet and work with future homeowners Enoh, Bai and Aben. Their families have been living in run-down bamboo houses that have leaky roofs and poor lighting. With the support of Habitat Indonesia and Asian Tour, the three families will be able to create a better future through secure and stable homes.

In Sentul, where communities are among the millions of Indonesians living in poverty, low-income housing are built by the families themselves often using makeshift and low quality materials. Sustainable housing solutions that build families’ and communities’ resilience are critical in disaster-prone Indonesia where vulnerable families are at risk of losing scarce assets and falling deeper into poverty.

Supporting Habitat for Humanity initiatives help overcome Indonesia’s housing gaps. Last week, Olympic golf champion and world number 2 Justin Rose donated US$50,000 to support Habitat Indonesia’s disaster response in tsunami and earthquake-hit areas in Sulawesi and Lombok.

Generous contributions from Asian Tour golfers also help make a difference. Habitat ambassadors Danny Masrin and Berry Henson raised funds together with their peers and supporters through the #BirdiesforHabitat challenge at the Indonesian Masters.

Meanwhile, India’s Shubhankar Sharma topped this year’s Habitat for Humanity Standings. The adoption of the name Habitat for Humanity Standings for this year’s Asian Tour season-long order-of-merit rankings is a meaningful reminder that housing is a top priority that can empower people to build better lives and families.

As Asian Tour’s sustainable development partner, Habitat for Humanity was able to bring the need for decent housing closer to the hearts of the golfing community in the region and the rest of the world. The partnership is instrumental in raising resources, awareness and in mobilizing volunteers for the cause of decent, secure housing in India, Indonesia, Japan, Korea, New Zealand, the Philippines, Thailand and Vietnam.

Marking its 35th anniversary in the Asia-Pacific region in 2018, Habitat for Humanity continues to draw on the strength of partnerships such as with Asian Tour to build strength, stability and self-reliance through shelter.

-ends-

Contact
Aaron Aspi
+63 920 956 9181
aaspi@habitat.org

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Indonesian Masters to raise funds for Habitat for Humanity’s Sulawesi and Lombok disaster response
 
Dec 12, 2018
Category:

JAKARTA, December 12, 2018 – Habitat for Humanity, the sustainable development partner of the Asian Tour 2018 season, will be raising funds at the Indonesia Masters to support the needs of tsunami and earthquake-affected families in Sulawesi and Lombok.

Ahead of the Indonesian Masters in December 2018, English professional golfer, 2013 US Open Champion and 2016 Olympic gold medalist Justin Rose donated US$ 50,000 to Habitat for Humanity Indonesia’s disaster response program in Sulawesi and Lombok. Last year’s Indonesian Masters champion, Rose will defend his title while advocating for Habitat for Humanity’s vision of decent housing for all.

“I’m truly saddened by the events in Sulawesi and Lombok and in a time of need for the survivors affected by these catastrophes, I hope my donation can help restore some sort of normality,” said Rose.

Habitat Indonesia will support the reconstruction of houses, water, sanitation and hygiene facilities, and other community assets in a three-phase disaster response that could take three years or more. Ongoing shelter, water, sanitation, and hygiene interventions help disaster-affected families transition from relief to recovery and reconstruction.

Rick Hathaway, Asia-Pacific vice president of Habitat for Humanity International said, “We are grateful for the generosity of Justin Rose. As the festive season of giving approaches, we continue to appeal to the public to help build lasting change in the lives of families that Habitat is supporting in the disaster-hit areas of Sulawesi and Lombok, Indonesia. Because of the massive needs, we must do more.”

During this year’s Indonesian Masters, tournament spectators, guests and golf enthusiasts will get the chance to support Habitat Indonesia’s fundraising drive by buying merchandise and bricks and playing games such as darts, golf pong, and house of boxes.

Throughout the season, seven Asian Tour golfers – Berry Henson (USA), Casey O’Toole (USA), George Gandranata (INDONESIA), Danny Masrin (INDONESIA), Mitchell Slorach (SINGAPORE), Michael Tran (VIETNAM) and Wolmer Murillo (MALAYSIA) served as Habitat for Humanity ambassadors and volunteers, sharing the vision of decent and affordable housing with millions of golfing enthusiasts in the region and around the world.

Habitat for Humanity recognizes the Asian Tour golfers, their family and friends for their support in raising awareness and resources to help families build strength, stability and self-reliance through shelter. The Asian Tour golfers joined builds to help construct homes for families in vulnerable areas, participated in Pro-Am games, and held golf clinics for the youth.

For the past 12 months, Habitat for Humanity has served as Asian Tour’s sustainable development partner – extending partnerships in Hong Kong, India, Indonesia, Japan, New Zealand, South Korea, Thailand and Vietnam, and creating avenues for the golfing community to support meaningful housing and shelter projects across Asia-Pacific.

– ends –

AARON JOSEPH G. ASPI
Senior Specialist, Media Relations and Disaster Communications, Asia-Pacific, Habitat for Humanity International
3rd Floor, 111 Paseo Condo Building Tower 1, Paseo de Roxas cor. Legaspi St., Makati City 1229, Philippines
Office: +63 (2) 553 4455 ext. 4269 | Fax: +632 553 2233
aaspi@habitat.org

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