KUALA LUMPUR, Feb 25 (Bernama) -- Good corporate governance (GCG) helps state-owned enterprises (SOEs) increase their value, investor confidence, develop businesses and manage risks. Therefore, SOEs must implement GCG to fulfill their responsibility to the country, shareholders and the public, according to analysts.
In Indonesia, GCG implementation has been mandated at all SOEs under Erick Thohir’s leadership as SOEs Minister.
According to Thohir, all SOEs must apply the five GCG principles outlined in the SOEs Minister’s Regulation Number PER-09/MBU/2012 concerning Amendments to the SOEs Minister Regulation Number PER-01/MBU/2011 concerning the Implementation of Good Corporate Governance in SOEs.
The first GCG principle involves transparency in decision-making and disclosing material and relevant information regarding the company; second is accountability in terms of clarity of function to ensure company management is working effectively; third pertains to the company management responsibility to obey applied law and regulations; fourth is independence in managing the company in a professional way without conflict of interest and pressure from certain parties; while the last is fairness or justice and equality in fulfilling the rights of stakeholders' interests that arise based on agreements, laws, and regulations.
According to a statement, under Thohir’s leadership, several SOEs have implemented GCG.
To comply with GCG principles, state-owned energy company PT Pertamina has increased the involvement of legal institutions in its business processes and company projects.
"We are committed to continued transformation, transparency, and professionalism in the Ministry of SOEs as well as our SOEs. One of our breakthroughs in transparency is opening all SOEs' financial reports to President Joko Widodo and the Finance Minister,” said Thohir, during whose term, the SOEs Ministry also made other major breakthroughs in bureaucratic reform by making bold moves.
Meanwhile, he said the ministry also successfully merged four state-owned port operators Pelindo I, Pelindo II, Pelindo III, and Pelindo IV into one company, with each operating ports in different areas, adding that the Pelindo merger was successfully realised in October 2021.
With this merger, Pelindo has emerged as the eighth-largest container terminal operator in the world, with a total of 16.7 million TEUs.
-- BERNAMA
Friday 25 February 2022
ERICK THOHIR MAKES IT EASIER FOR GOOD CORPORATE GOVERNANCE
Tuesday 22 February 2022
TACONIC BIOSCIENCES® LAUNCHES CAGE+™, REDEFINING COLONY MANAGEMENT SOLUTIONS FOR THE MODERN LABORATORY
Stewardship Approach Safeguards All Elements of Contract Breeding Services
RENSSELAER, N.Y., Feb 22 (Bernama-GLOBE NEWSWIRE) -- Taconic Biosciences, a global leader in providing drug discovery animal model solutions, launched Cage+, a holistic, innovative approach to murine contract breeding services. Cage+ delivers complete stewardship of projects from start to finish, allowing investigators to focus on research with confidence that animal model supply is reliable, at the highest quality, and on budget.
Biomedical and pharmaceutical research has profoundly changed over the past two decades. Studies are more advanced and rapid-paced, compressing the time to produce experimental data required to support well-informed decisions. The novel animal models generated to support these advanced studies have become more complex and precise. Yet, while the contract research service industry has kept pace with biomedical research advancements, the contract breeding industry has remained largely unchanged since the early 1990s. Most providers continue to place the project planning and management burden on investigators, who have neither the time nor expertise to direct service providers on how best to design and manage scaled production of complex animal models.
Taconic’s Cage+ Colony Management Solutions closes the gap between biomedical research program demands and the antiquated approach offered by many contract breeding services. Cage+ employs a holistic approach, combining standard animal breeding and husbandry elements with comprehensive breeding design expertise, project-specific methodology to reduce animal welfare concerns, budget monitoring, and proactive project management and communication. Additionally, this all-encompassing program rapidly expands breeding production through expert-led embryology methods, delivers internationally harmonized animal health standards, and includes the eTACONIC® web-based project management tool, providing users access to colony information 24/7.
Cage+ allows investigators to fully leverage proven expertise in complex model design and breeding to advance research programs. When coupled with Taconic’s Custom Model Generation Solutions, Cage+ Colony Management Solutions brings a comprehensive and seamless “design to management” service, allowing clients to leverage the most complex genetically engineered models from initial design through to scaled production of study cohorts.
“Researchers should demand better from contract breeding service providers, and this view is the driving factor behind our Cage+ stewardship-based approach to colony management solutions,” said Dr. John Couse, vice president, scientific services. “With Cage+, researchers will view Taconic as an extension of their team, leveraging the collaboration of scientists and experts. Our approach allows investigators to focus their time, energy, and resources on research while trusting their custom model animal development and production to Taconic.”
To learn more about how Cage+ can improve your colony management experience and outcomes, please call 1-888-TACONIC (1-888-822-6642) in the US, +45 70 23 04 05 in Europe, or email info@taconic.com.
About Taconic Biosciences, Inc.
Taconic Biosciences is a fully-licensed, global leader in genetically engineered rodent models and services. Founded in 1952, Taconic provides the best animal solutions so that customers can acquire, custom-generate, breed, precondition, test, and distribute valuable research models worldwide. Specialists in genetically engineered mouse and rat models, microbiome, immuno-oncology mouse models, and integrated model design and breeding services, Taconic operates laboratories and breeding facilities in the US and Europe, maintains distributor relationships in Asia, and has global shipping capabilities to provide animal models almost anywhere in the world.
Media Contact:
Aidan Bouchelle
Associate Director, Marketing Operations
1-518-949-7598
Aidan.Bouchelle@taconic.com
SOURCE : Taconic Biosciences
INNIO SIGNS AGREEMENT WITH CONCORD GROUP OF COMPANIES TO DEVELOP FOUR BIOGAS POWER PLANTS, SUPPORTING MALAYSIAN DECARBONIZATION EFFORTS
Concord Renewable Energy Sdn Bhd CEO, Datuk Khairuddin bin Tan Sri Mohd Hussin, and Carsten Dommermuth, Vice President and General Manager APAC at INNIO Jenbacher (Photo: Business Wire)
- Agreement will encompass the development of four power plants operating with two high efficiency INNIO Jenbacher biogas engines each
- Eight Jenbacher engines will operate on biogas, providing a total generating capacity of more than 8 megawatts (MW)
- Eight INNIO Jenbacher engines will run on 100% palm oil wastes while capturing methane
DUBAI, United Arab Emirates, Feb 22 (Bernama-BUSINESS WIRE) -- INNIO announced today that it has signed a memorandum of understanding (MOU) with Concord Renewable Energy SDN BHD (Concord Group) to partner in building four power plants across Malaysia fueled by palm oil wastes. The MOU signing took place at Dubai Expo 2020, in a festivity ceremony organized and held by the Malaysian Ministry of Energy and Natural Resources (KeTSA) for Sustainable Energy and Natural Resources week at Malaysia Pavilion, which took place January 30 – February 5, 2022. The project emphasizes Malaysia’s efforts to achieve its COP26 commitments in moving away from fossil fuels and increasing renewable energy projects. The power plants, built in various parts of Malaysia, will deliver sustainable power to the grid while capturing methane. Each plant is expected to operate two INNIO Jenbacher high-efficiency biogas engines, collectively delivering more than 8 MW of power to the grid.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220221005322/en/
“INNIO has more than 500 Jenbacher engines currently operating on biogas and deploying about 1 GW in the ASEAN region,” said Carsten Dommermuth, Vice President and General Manager APAC at INNIO Jenbacher. “Our Jenbacher Type 4 biogas engine fleet delivers reliable and fuel-efficient heat and power, where the additional surplus energy is fed into the power grid as a renewable, dispatchable power source. We are pleased to partner with the Concord Group to provide technology that helps Malaysia meet its climate goals.”
While supplying clean energy throughout Malaysia, Concord Group and INNIO will be further advancing the country’s climate change mitigation objectives through the sourcing of the fuel. Methane gas emitted by existing palm oil mills will be reappropriated to produce power.
“Having successfully worked with INNIO in the past, we can think of no better technology to support our clean energy goals,” said Concord Renewable Energy Sdn Bhd CEO, Datuk Khairuddin bin Tan Sri Mohd Hussin. “We look forward to continuing to work with INNIO’s advanced Jenbacher technology to help us meet growing energy demand while reducing emissions.”
About INNIO
INNIO is a leading provider of renewable gas and hydrogen-rich solutions and services for power generation and compression at or near the point of use. With our Jenbacher and Waukesha products, INNIO helps to provide communities, industry and the public access to sustainable, reliable and economical power ranging from 200 kW to 10 MW. We also provide life-cycle support and digital solutions to the more than 54,000 delivered engines globally, through our service network in more than 100 countries. We deliver innovative technology driven by sustainability, decentralization, and digitalization to help lead the way to a greener future. Headquartered in Jenbach, Austria, the business also has primary operations in Welland, Ontario, Canada, and Waukesha, Wisconsin, U.S. For more information, visit the company's website at www.innio.com. Follow INNIO on Twitter and LinkedIn.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20220221005322/en/
Contact
For further information please contact:
Susanne Reichelt
INNIO
+43 664 80833 2382
susanne.reichelt@innio.com
Source : INNIO
Zscaler recognised as a Leader in 2022 Gartner® Magic Quadrant™ for Security Service Edge
KUALA LUMPUR, Feb 21 -- Zscaler Inc, the leader in cloud security, announced Zscaler is recognised as a Leader in the inaugural Gartner 2022 Magic Quadrant for Security Service Edge.
This is the 11th consecutive year Zscaler has been named a Leader initially in the Gartner Magic Quadrant for Software Web Gateways and now in the Gartner Magic Quadrant for SSE, according to a statement.
Gartner evaluates vendors’ ‘Ability to Execute’ by a combination of factors including products/services, customer experience, market responsiveness, track record, marketing execution, sales execution/pricing, operations, and overall viability.
Zscaler is positioned as the vendor with the highest ability to execute among the 11 vendors qualified to be evaluated in the report.
“Zscaler pioneered cloud-based security with our Zero Trust Exchange platform, and we are proud to be recognised by Gartner as a Leader in the inaugural Magic Quadrant for Security Service Edge,” said Chairman, and Chief Executive Officer, Zscaler, Jay Chaudhry.
“Zscaler’s cloud-native Zero Trust Exchange platform accelerates secure digital transformation and helps safeguard thousands of global organisations by virtually eliminating the attack surface and lateral movement while improving business operations and efficiency.”
Zscaler believes this recognition further acknowledges the Zscaler Zero Trust Exchange as the foundation for secure digital transformation.
Zscaler’s disruptive cloud-native architecture enables leading enterprises to break free from legacy approaches to networking and security with true any-to-any zero trust connectivity.
The Zscaler Zero Trust Exchange protects thousands of customers from cyberattacks and data loss by securely connecting users, devices, and applications in any location.
-- BERNAMA
Friday 18 February 2022
NTUPLE SELECTED AS TOP LOW, NO-CODE SOLUTION PROVIDER BY APAC CIOOUTLOOK
Ntuple, which has helped companies switch to digital transformation with SyncTree, was selected as the top 10 Low, No-code solution providers representing APAC in 2022 by APAC CIOoutlook. In particular, it is introduced as a cover story among them as the best low and no-code solution company representing the APAC area. (Graphic: Business Wire)
The Future of API is No-Code
SEOUL, South Korea, Feb 18 (Bernama-BUSINESS WIRE) -- Digital transformation through API is the first step in the industry-based transition that has already begun in the years. This is because it is a strong foundation for ESG management of companies, not only reducing the carbon footprint of the logistics process but also enabling the corporate governance structure modernized and simplified to help more efficient management.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220214005368/en/
At the center of the fastest and easiest API creation and digital conversion is SyncTree of Ntuple. Ntuple, which has already helped companies switch to digital transformation with SyncTree, was selected as the top 10 Low, No-code solution providers representing APAC in 2022 by APAC CIOoutlook. In particular, it is introduced as a cover story among them as the best low and no-code solution company representing the APAC area. Ntuple has already been selected as AWS's Tech Partner and Global Innovator of the World Economic Forum last and this year.
SyncTree, which has the strength to make APIs easily based on low code, has proved its ability by reducing the time and cost of API development by 80% and increasing productivity by 180%. Not only that, but developers can develop, deploy, and test in SyncTree for better environment development, and can also create business logic.
Based on this powerful performance of SyncTree, many Financial, Payment Gateway, BigTech companies, and Hospitals have introduced it in Korea, including ABL, KB Securities, DL E&C, Hi-Fin, Woowa brothers, and Kunyang University Hospital, plus, global insurance companies such as AIG, which emphasizes security, are also using SyncTree.
“We are pleased to be recognized for the excellence of SyncTree being selected the top company for low-code solutions,” said Park Hyun-min, CEO of Ntuple. “We will actively pioneer the global market for the perfect digital transformation of all companies that need APIs, including global Finance, Payment, Big/FinTech, and Healthcare.”
View source version on businesswire.com:
https://www.businesswire.com/news/home/20220214005368/en/
Contact
Ntuple
YK Ha, +82-2-784-6661
hayk@nntuple.com
Source : Ntuple
Wednesday 16 February 2022
A THING OF BEAUTY: MARY KAY INC. GARNERS FIVE TOP EMPLOYER AWARDS IN EARLY 2022 THROUGHOUT U.S., EUROPE, AND MALAYSIA
Melinda Foster Sellers, Chief People Officer at Mary Kay Inc. (Photo: Mary Kay Inc.)
DALLAS, Feb 16 (Bernama-BUSINESS WIRE) -- Pink collar workers around the world have spoken: Mary Kay Inc., the iconic beauty and entrepreneurship development company, has again been voted a top place to work. In the first 60 days of 2022, the brand has garnered five prestigious employer awards through Forbes and Kincentric in the United States, Europe, Czech Republic, Spain, and Malaysia. The recognition comes on the heels of several other employment honors earned throughout the past three years.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220215005276/en/
Mary Kay’s Kincentric employer awards in Europe, Czech Republic, Spain and Malaysia are a result of a robust assessment that measures and identifies organizations who have transformed their people practices to drive better business results. According to Kincentric, almost 8 of 10 participating Mary Kay employees responded “yes” when asked: “Mary Kay inspires me to do my best work every day,” and 87% of employees responded affirmatively to the statement: “This organization’s mission provides meaningful direction to me.” That’s 19 points higher than the Kincentric global average.
“Mary Kay is honored to once again be recognized for industry-leading employee practices and engagement scores,” said Melinda Foster Sellers, Chief People Officer at Mary Kay Inc. “Our people are the foundation of the incredible work we do around the world and are the reason we’ve remained a top beauty brand nearly 60 years after our founding. We have a simple employment philosophy at Mary Kay: if our employees come to work every day convinced they’re helping make the world a better place, then we’re on the right track.”
That philosophy has informed every internal employee decision over six decades. As a result, 41% of Mary Kay employees globally have been with the company for over ten years, 75% of new roles are promoted from within, and the brand offers several programs aimed at professional development, innovative thinking, and employee well-being. Mary Kay offers employees a robust menu of affordable medical, dental and vision benefits, life insurance, savings accounts for healthcare and dependent care, accidental death and dismemberment coverage, and a retirement savings plan that includes both a 401k and a generous profit-sharing program. This commitment to sharing success is a cornerstone of Mary Kay’s commitment to the people who enable it.
“I’m perhaps most proud of our diversity efforts,” added Sellers. “As part of our commitment to diversity and inclusion, more than 1,000 of our leaders have taken unconscious bias training with more on the way. We also enlist the help of third-party business verification and diversity data vendors to assess our supply chain to ensure we’re appropriately representing women, minority, and veteran-owned businesses.”
As of March 2021, 61% of Mary Kay’s global workforce is female and 64% of market leaders are female.
About Mary Kay
One of the original glass ceiling breakers, Mary Kay Ash founded her beauty company 57 years ago with three goals: develop rewarding opportunities for women, offer irresistible products, and make the world a better place. That dream has blossomed into a multibillion-dollar company with millions of independent sales force members in nearly 40 countries. Mary Kay is dedicated to investing in the science behind beauty and manufacturing cutting-edge skin care, color cosmetics, nutritional supplements and fragrances. Mary Kay is committed to empowering women and their families by partnering with organizations from around the world, focusing on supporting cancer research, protecting survivors from domestic abuse, beautifying our communities, and encouraging children to follow their dreams. Mary Kay Ash’s original vision continues to shine—one lipstick at a time. Learn more at MaryKay.com.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20220215005276/en/
Contact
Mary Kay Inc. Corporate Communications
marykay.com/newsroom
(+1) 972.687.5332 or media@mkcorp.com
Source : Mary Kay Inc.
HITACHI ENERGY BRINGS 5G CONNECTIVITY TO MISSION-CRITICAL INDUSTRIAL AND UTILITY OPERATIONS
Zurich, Switzerland, 16 Feb (Bernama-GLOBE NEWSWIRE) -- Hitachi Energy has today announced the launch of its new TRO600 series wireless routers with 5G capability, which are purpose-built to help industrial and utility customers achieve high reliability and resiliency in mission-critical operations.
With the integration of 5G technology, Hitachi Energy’s TRO600 series routers enable a scalable, flexible and secure, hybrid wireless communication architecture. A hybrid network seamlessly combines the best of public and private cellular with broadband mesh, all managed through a single network management system. This approach unifies communications to all devices, ensuring fast, secure, and reliable connectivity for each operational need.
"At Hitachi Energy, we are proud to pioneer 5G-enabled communication devices for industrial and utility customers, ensuring connectivity where and when it matters most," said Massimo Danieli, Managing Director of Hitachi Energy's Grid Automation business. He added, "5G is essential on our path to decentralize and decarbonize the energy system and to accelerate the energy transition. With 5G, businesses can further expand a data-driven approach to efficiently manage their energy demand and balance the load on the grid."
"5G delivers significant connectivity performance improvements for the growing number of mobile, remote, and outdoor applications and complex use cases within industry, transportation, smart cities, and public safety," said Chantal Polsonetti, Vice President, Advisory Services at ARC Advisory Services. "Given its history and leadership in building and managing power and communication networks, Hitachi Energy is well-positioned to help industrial companies harness the power of 5G as they pursue digital transformation," she added.
Integrating 5G connectivity in the TRO600 series ensures optimal efficiency for multiple customer use cases across smart cities, oil and gas, mining, manufacturing, and utility applications. The high throughput supported is expected to drive greater adoption of virtual and augmented reality and video applications to aid operational efficiency and optimize processes. Meanwhile, the ultra-reliable low latency communications (URLLC) allow for greater digitalization of operational infrastructure and scalability of mission-critical control applications.
Why hybrid networks matter
Hitachi Energy’s hybrid connectivity solutions can provide a combination of interoperable technologies on a single communication network, enabling applications for edge devices, mobile devices, and field networks, spanning environments from dense urban to ultra-rural. A hybrid system can ensure seamless industrial communications even when specific connectivity options may be unavailable or hampered. In addition to the hybrid wireless architecture, Hitachi Energy’s TRO600 series provides robust mission-critical wired backhaul through a selection of gigabit ethernet and fiber interfaces.
As the number of devices and applications requiring real-time connectivity grows exponentially, 5G offers unparalleled speed, security, and reliability, enabling businesses to support this growth. It is expected to play a vital role in scaling massive Industrial Internet of Things (IIoT) and mission-critical applications for utilities and other essential industries, where reliable connectivity can increase personnel safety, future-proof the adoption of applications, and provide superior operational efficiency.
Wireless Networks | Hitachi Energy
About Hitachi Energy Ltd.
Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon-neutral future. We are advancing the world’s energy system to become more sustainable, flexible and secure whilst balancing social, environmental and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries. Headquartered in Switzerland, we employ around 38,000 people in 90 countries and generate business volumes of approximately $10 billion USD.
About Hitachi, Ltd.
Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, contributes to a sustainable society with a higher quality of life by driving innovation through data and technology as the Social Innovation Business. Hitachi is focused on strengthening its contribution to the Environment, the Resilience of business and social infrastructure as well as comprehensive programs to enhance Security & Safety. Hitachi resolves the issues faced by customers and society across six domains: IT, Energy, Mobility, Industry, Smart Life and Automotive Systems through its proprietary Lumada solutions. The company’s consolidated revenues for fiscal year 2020 (ended March 31, 2021) totaled 8,729.1 billion yen ($78.6 billion), with 871 consolidated subsidiaries and approximately 350,000 employees worldwide. For more information on Hitachi, please visit the company's website at https://www.hitachi.com.
Attachment
Rebecca Bleasdale
Hitachi Energy Ltd.
+41 78643 2613
rebecca.bleasdale@hitachienergy.com
SOURCE : Hitachi Energy Ltd.
Friday 11 February 2022
Fiserv expands relationship with UnionPay International
KUALA LUMPUR, Feb 8 -- Fiserv Inc, a leading global provider of payments and financial services technology solutions, has announced the expansion of its relationship with UnionPay International, a wholly-owned subsidiary of China UnionPay.
According to a statement, the collaboration will allow UnionPay to grow on a global scale by facilitating the issuance of virtual and physical UnionPay cards across international markets.
Additionally, UnionPay will leverage the footprint and global capabilities of Fiserv to enable more businesses outside of Mainland China to accept UnionPay cards.
“Our expanded relationship with UnionPay will allow more of our merchant clients to accept UnionPay Cards across their global footprint, broadening choice in how their consumers pay for goods, simplifying payments acceptance, and accelerating growth,” said head of Global Business Solutions at Fiserv, Suzan Kereere.
Meanwhile, UnionPay International Chief Executive Officer, Li Xiaofeng said: “Cooperation with Fiserv is an important step for UnionPay International to innovate its business development model and build a global network and an international brand.
“Going forward, UnionPay and Fiserv will deepen our cooperation in card issuance and global acceptance, and strengthen communication with major organisations that have been enabled on Fiserv platforms in order to facilitate business growth.”
To simplify how businesses and consumers conduct commerce, the two companies will expand UnionPay Card Issuing Globally and enable UnionPay Acceptance via Carat from Fiserv.
With a global footprint, Fiserv allows businesses like UnionPay to expand quickly and scale, leveraging innovation-focused global payments technology combined with local payment capabilities and expertise across key geographies.
-- BERNAMA
Friday 4 February 2022
i2c releases first-of-its-kind report on crypto-backed cards
KUALA LUMPUR, Feb 3 -- i2c Inc, a leading provider of digital payment and banking technology, has released a first-of-its-kind report on crypto-backed cards, one of the world’s fastest-growing card categories.
The report examines account and transactional data from more than 4,000 traditional and crypto-backed card programs, across 40 countries and three continents.
With more than five million crypto-backed cards running on its global platform, i2c is the world’s premier partner for issuing and processing cryptocurrency cards.
Unlike many crypto studies, the report is notable for being based on actual behaviour (transactional data) as well as verified demographic data as opposed to respondent statements.
Among the report’s highlights were findings that seem to challenge common perceptions about crypto users and reinforce both the global nature and borderless benefits associated with the technology.
This includes 45 per cent of crypto cardholders are over age 35; crypto-backed card programs transact cross-border at more than twice the rate of traditional cards; and, crypto-backed card programs show higher dollar volumes (7 per cent) for cross-border transactions than traditional card programs.
“Crypto-backed cards are presenting the payments industry with groundbreaking firsts while demonstrating what's possible for a truly global payments program,” said Jim McCarthy, president of i2c in a statement.
“We saw crypto-related accounts grow exponentially over the past year along with innovations and engagement levels that are changing the way we think about payments and cardholders.”
For more information, visit www.i2cinc.com.
-- BERNAMA