Author: Admin

Indonesia sees spike in 5G smartphones despite low network coverage.(Source – Shutterstock)Shipments involving 5G smartphones in Indonesia rose 159% YoY in Q2 2022, led by Samsung, OPPO, vivo and Xiaomi.Counterpoint said that 5G smartphones come with better, newer specifications to support the latest connectivity technology, overall making them a better offering than a 4G smartphone in the same price segment. In Indonesia, the 5G technology has only been introduced to and adapted in limited locations over the past year, placing the ASEAN’s biggest economy pretty low in the chart of fifth-generation technology adoption within the region. Despite the government boasting about…

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OCBC Indonesia has selected Cloudera to help achieve their vision of becoming a digital-first bank in Indonesia and provide better banking experiences for their customers. Cloudera hybrid platform To deliver real-time, intelligent, and personalised recommendations to customers, OCBC Indonesia’s growing in-house data science team required a hybrid strategy for data analytics, and AI that would integrate seamlessly with the bank’s data lake. Through the partnership, OCBC Indonesia can maximise generative AI solutions and data management, analytics, and AI capabilities of the Cloudera hybrid platform. Adding value to customers Komang Artha Yasa “OCBC Indonesia believes that adopting technology will add value…

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Jakarta – Prime Minister Fumio Kishida and Indonesian President Joko Widodo agreed Thursday to step up bilateral cooperation in fields such as maritime security, green energy and infrastructure development. In a joint statement on comprehensive strategic partnership released after their meeting in Jakarta, the leaders affirmed the expanded partnership will “place greater emphasis on concrete cooperation for the benefit of the two countries and beyond, including in new areas of common interest.” At the talks, held on the fringes of three days of summits related to the Association of Southeast Asian Nations (ASEAN) from Tuesday, the leaders pledged to work…

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The integrity and compliance role has been expanded and challenged more than ever due to escalated integrity issues. Association of Certified Fraud Examiners estimates that organizations lose 5% of revenue–or equals to more than $4.7 trillion – to fraud each year. Financial Action Task Force predicts the cost of money laundering per year reaches 2-5% of the world’s gross domestic product–or equals to $800 billion to $2 trillion. Meanwhile, The World Economic Forum counts $2.2 trillion–nearly 3% of the world’s economy are leaked to illicit trade.   Other contributing factors are the prolonged COVID-19 pandemic that pushed businesses to adopt hybrid…

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A police officer talks with tourists in front of the Bali Bomb Monument in Indonesia in 2016. Photo by Reuters Indonesia recorded the biggest improvement in this year’s travel and tourism development index, rising 14 places against 2019, the year before the onset of the Covid pandemic. Such dramatic improvement puts Indonesia ahead of neighbors like Malaysia, Vietnam, the Philippines and Thailand, according to the biennial ranking released on Tuesday by the World Economic Forum.Most Southeast Asian countries have witnessed a fall from 2019, with Malaysia and Thailand down seven and six places to 35th and 47th respectively.The index measures…

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peeding up the quality of education, one of Indonesia’s development priority programs, can be quite challenging amid the increasingly dynamic and diversified environment.Spurred by digital adoption following the COVID-19 pandemic, with live streaming gaining ground, educational transformation is taking place in Indonesia. In contrast to passive learning, which is a far more teacher-centered learning method, active learning, which encourages student participation, has become an increasingly preferred option, especially when related to producing superior human resources for the future. Therefore, it is of paramount importance to use technology in education that not only solves the current challenges but also provide additional…

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MANILA: The Philippines and Indonesia moved to bolster cooperation in energy and security during Indonesian President Joko Widodo’s visit to Manila. Widodo and Philippine President Ferdinand Marcos Jr witnessed the signing of a memorandum of understanding to deepen bilateral relations on energy, according to live-streamed proceedings. “Our countries create a new synergy as we cooperate to achieve energy security,” Marcos said in a briefing with Widodo, who’s commonly known as Jokowi, after their bilateral meeting in Manila on Wednesday (Jan 10). The Philippines gets the bulk of its imported coal from Indonesia and Manila secured Jakarta’s assurance last year on…

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Indonesia recently released new cybersecurity rules for the financial sector, including banks, insurance companies, and other financial services providers. The new rules developed by the Financial Services Authority (OJK) are Indonesia’s first dedicated cybersecurity rules specifically for the financial sector. The OJK explained the rules in a circular titled Nomor 29/SEOJK.03/2022 (SEOJK 29) dated December 27, 2022. The circular offers details on the implementation of Regulation Number 11/POJK.03/2022 concerning the Implementation of Information Technology by Banks. Find Business Support The rules cover a range of areas, including risk assessments, risk management, data protection, incident response planning, and employee capacity. They…

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Saudi Arabia announced on Wednesday it was barring its citizens from traveling to Indonesia over concerns about the coronavirus outbreak there. An official source at the Interior Ministry said the decision is based on the Kingdom’s keenness on the safety of its citizens, reported the Saudi Press Agency. It urged Saudis in Indonesia to exercise caution and avoid areas with high infection rates. Indonesia has one of the world’s worst coronavirus outbreaks due to a rapid spread of the Delta variant, reporting around 1,000 deaths from the respiratory disease each day in the past week, including a new record on…

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Microsoft CEO Satya Nadella says investment will help Southeast Asia’s biggest economy thrive in ‘new era’.Microsoft has announced plans to invest $1.7bn in artificial intelligence and cloud services in Indonesia. Under the plans unveiled by Microsoft CEO Satya Nadella, the tech giant will train 840,000 people in Indonesia in the use of AI and provide support for the country’s growing ranks of tech developers. The announcement marks the biggest investment by Microsoft in its nearly three-decade history in the Southeast Asian country. Nadella on Tuesday held talks with President Joko Widodo, popularly known as Jokowi, at Jakarta’s presidential palace before…

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