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According to Asep Suwondo, Director of Statistics and Information Non-Bank Financial Industry – OJK, the need for actuaries in 2018 is approximately 115% of the number of actuaries available. There is high demand for people within the actuary profession in 38 Non-Bank Financial Services Institutions, including insurance companies and pension funds. To fill the need for actuaries in Indonesia the OJK launched the 1000 Actuaries Program in mid-2013 with the objective to increase the number of actuary professionals and meet the needs of the actuary profession in Indonesia. Budi Tampubolon from the Society of Actuaries of Indonesia explained the importance…
When Leon Lukhas Santoso first left Jakarta for Taipei to pursue a master’s degree in October 2021, he was confident that it was the right choice. Taiwan’s academic environment is competitive but not dissimilar to the hard yards he was required to put in at his alma mater, the University of Indonesia (UI). Santoso, who now holds a Master of Science in chemical engineering degree, is only one of the thousands of young men and women who have opted to seek tertiary education in Taiwan, with many remaining there beyond their studies to seek employment. There were over 9,600 degree…
Hundreds of thousands of supporters of presidential contenders pack rallies in capital Jakarta and other cities.Tens of thousands of supporters of Indonesia’s presidential candidates have poured onto its streets as they hold final campaigns before heading to the polls in the world’s biggest single-day election. The contenders to lead the world’s third-largest democracy are popular former governors, Ganjar Pranowo and Anies Baswedan, and ex-special forces commander Prabowo Subianto, who has soared in opinion polls with the tacit backing of the president, and with the incumbent’s son as his running mate. The elections on Wednesday will elect a new president and…
A new set of guidelines aims to help smallholder oil palm farmers in Indonesia, the world’s top producer of palm oil, ensure their products are deforestation-free.This would allow them a foothold in markets that are increasingly demanding, and requiring, sustainably produced goods.In particular, the smallholder toolkit aims to address the Indonesian government’s main grievance to a new European Union regulation prohibiting the import of deforestation-linked products, namely that smallholder farmers are least able to comply and will be affected the most.The toolkit could also contribute to Indonesia’s climate goals, by incentivizing smallholders to embrace more sustainable farming practices and choosing…
JAKARTA, 29 May 2019 – Following the deaths or disappearances of over 4,600 people last year in 2,426 recorded disaster events, Indonesia is stepping up efforts to improve disaster risk management. Indonesia straddles the so-called “Ring of Fire” in the Pacific Ocean making it vulnerable to earthquakes, tsunamis and volcanic eruptions. The country’s National Agency for Disaster Management (BNPB) today signed an agreement with the UN Office for Disaster Risk Reduction (UNDRR) intended to strengthen its overall disaster risk management in order to reduce loss of life and economic losses from future events. “UNDRR is committed to doing what it…
Jakarta (ANTARA/ACN Newswire) – Perfios was honored for its innovative solution, Perfios Acclaim, at a ceremony hosted by Zurich Asuransi Indonesia in Jakarta on April 30, 2024. Distinguished attendees included Benny Jioe (Head of Digital Transformation, Zurich), Daniel Susanto (Digital Project Manager, Zurich), Amitabh Singh (Chief Business Officer, APAC & EMEA), and Mahendra Ramaiyyah (Director, Insurance Business Acquisition, APAC). The Zurich Innovation Championship The Zurich Innovation Championship is a global competition conducted by Zurich Insurance, one of the world’s largest insurers with a significant presence in over 215 countries. This annual event seeks startups that not only aim for profitability…
A few months back, Japan pledged to aid the Indonesian Maritime Security Agency [IMSA or Bakamla]. The announcement unveiled Japan’s plan to donate a patrol boat to Indonesia to reinforce its maritime security. “Discussions about this grant, specifically regarding equipping IMSA with patrol boats, are still ongoing,” confirmed the Japanese foreign ministry on its official website towards the end of 2023. Photo credit: Reddit This generous grant is especially advantageous for Indonesia, considering its vast Exclusive Economic Zone [EEZ]. “Indonesia boasts the third-largest exclusive economic zone globally, housing significant maritime transport routes like the Straits of Malacca.” From Japan’s international logistics…
By Hoang Vu  June 17, 2024 | 03:36 pm PT Travelers are seen at the Beijing Daxing International Airport May 1, 2021. Photo by Reuters Tourists from Singapore, Indonesia and Thailand have been named among 10 biggest spenders in Asia while traveling abroad, according to British website Merchant Machine. The average South Koreans spend $3,040 when they go on holiday abroad, more than any other people in Asia.Singaporeans ranked second with the average spending of $2,966, followed by Taiwanese ($2,096).Indonesians came fourth in the region as they spend $1,861 per trip.Thailand ranked ninth as tourists from that country spend $1,183…
Situated in the heart of the Ring of Fire, Indonesia ranks amongst the most disaster-prone countries in the world. Multiple hazards including flooding, landslides, earthquakes, tsunamis, volcanoes and cyclones claim approximately 8,000 lives annually and cost the Government of Indonesia some $300 to $500 million annually in post-disaster reconstruction. Raditya Jati is Director for Disaster Risk Reduction (DRR) with BNPB – Indonesia’s National Disaster Management Authority. The agency was established in 2008 following the devastating 2004 Indian Ocean Tsunami which claimed over 126,000 lives on the island of Sumatra. Jati is at the forefront of initiatives to take Indonesia’s ambitious DRR agenda from…
July 10, 2024Hacker newsEndpoint Security / Identity Security This is the era of identity security. The explosion of ransomware attacks has forced CISOs and security teams to realize that identity protection is 20 years behind their endpoints and networks. This awareness is largely due to the transformation of lateral movement from a fine art found only in APTs and leading cybercriminal groups to a marketable skill used in virtually every ransomware attack. Lateral movement uses compromised credentials for malicious access – a critical blind spot that existing XDR, networking and SIEM solutions cannot block. Identity Threat Detection and Response (ITDR)…