Agence France-Presse (The Jakarta Post) PREMIUM New Delhi/Tokyo ● Tue, March 21 2023 Japanese Prime Minister Fumio Kishida arrived in India on Monday for talks expected to focus on deepening trade and technology ties, as well as shared concern about China. India and Japan, along with the United States and Australia, make up the Quad alliance, which positions itself as a bulwark against China's growing assertiveness in Asia under President Xi Jinping. Ties between India and China have been frosty since 2020 when 20 Indian troops and at least four Chinese soldiers were killed on their disputed Himalayan frontier. to Read Full Story SUBSCRIBE NOW Starting from IDR 55,500/month Unlimited access to our web and app content e-Post daily digital newspaper No advertisements, no interruptions Privileged access to our events and programs Subscription to our newsletters We accept Register to read 3 premium articles for free … [Read more...] about Japan’s Kishida visits India with eye on trade, China
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Kishida says India ‘indispensable’ in ensuring free Indo-Pacific
AFP PREMIUM New Delhi, India ● Tue, March 21, 2023 Japanese Prime Minister Fumio Kishida on Monday called India vital to ensuring a free and open Indo-Pacific after talks with his counterpart touching on shared concerns about China. Speaking in New Delhi after meeting Prime Minister Narendra Modi, Kishida laid out plans for billions of dollars in investments in infrastructure and other sectors across the region. "I have described Japan's plan to develop a free and open Indo-Pacific. To achieve this, India is an indispensable partner," Kishida said. to Read Full Story SUBSCRIBE NOW Starting from IDR 55,500/month Unlimited access to our web and app content e-Post daily digital newspaper No advertisements, no interruptions Privileged access to our events and programs Subscription to our newsletters We accept Register to read 3 premium articles for free Already subscribed? login Or let Google manage your … [Read more...] about Kishida says India ‘indispensable’ in ensuring free Indo-Pacific
BI to launch domestic credit card system
Vincent Fabian Thomas (The Jakarta Post) PREMIUM Jakarta ● Tue, March 21 2023 Bank Indonesia (BI) says it will introduce a domestic credit card system allowing for greater independence and lower fees, as transactions are settled locally rather than by foreign providers. BI spokesperson Erwin Haryono said on Saturday that the central bank had been in discussion with local industries and progress stood at 90 percent, but he declined to reveal when the domestic credit card would be launched or what it would be called. Erwin said a domestic credit card would have several benefits, notably lower fees, because offshore settlement and relying on foreign payment networks like United States-based Visa or Mastercard would no longer be necessary. to Read Full Story SUBSCRIBE NOW Starting from IDR 55,500/month Unlimited access to our web and app content e-Post daily digital newspaper No advertisements, no interruptions Privileged access to our events and … [Read more...] about BI to launch domestic credit card system
Indonesia now Asia’s Covid-19 epicentre as daily cases exceed India
Photo by Fadil Fauzi for Unsplash Indonesia has become the epicentre of Covid-19 in Asia as the daily case count has exceeded India’s. The country reported 56,757 new cases and 982 coronavirus-related deaths yesterday, surpassing India’s count of 39,072 new cases and 544 deaths. With the highest number of daily cases, the archipelago country of 270 million people is now the new Covid-hotspot in Asia, and if the spread continues at its current rate, experts say it could send the nation’s healthcare system into chaos. But to put that into perspective, per capita, it’s about the same rate of new cases as Thailand at this time. Some speculate that the numbers in Indonesia are in fact much higher than reported. In Jakarta, almost half of the 10.6 million residents contracted Covid-19, according to a recent survey. With the recent uptick in cases said to be due to the emergence of the highly transmissible Delta variant, officials are concerned the healthcare system won’t be able to … [Read more...] about Indonesia now Asia’s Covid-19 epicentre as daily cases exceed India
Korean start-up Innospace launches country’s first private test rocket
Hanbit-TLV, a test rocket developed by Innospace, takes off at the Alcantara Launch Center in northern Brazil at 2:52 p.m. on Sunday. [INNOSPACE] A Korean start-up launched the country’s first private-developed test rocket in a suborbital test. Innospace, a Sejong-based space start-up, on Tuesday confirmed that the test launch of the Hanbit-TLV performance demonstration rocket was successfully carried out. Innospace’s test rocket was launched at the Alcantara Launch Center in northern Brazil at 2:52 p.m. on Sunday. The rocket flew for 4 minutes and 33 seconds before falling into the designated safety zone. The engine lasted for 106 seconds, which fell short of the previously planned 118 seconds, yet its performance was stable, according to Innospace. Hanbit-TLV, the test vehicle, is a 16.3-meter (53.5-foot) single-stage rocket designed to verify the performance of a 15-ton-thrust rocket engine developed by Innospace. With the success of the private rocket launch, Innospace … [Read more...] about Korean start-up Innospace launches country’s first private test rocket
15 Innovative Ideas For Fixing Healthcare From 15 Brilliant Minds
Share to Twitter Share to Linkedin After 18 years as CEO in Kaiser Permanente , I set my sights on improving the heatlh of the nation, hoping to find a way to achieve the same quality, technology and affordability our medical group delivered to 5 million patients on both coasts. That quest launched the Fixing Healthcare podcast in 2018, and it inspired interviews with dozens of leaders, thinkers and doers, both in and around medicine. These experts shared innovative ideas and proven solutions for achieving (a) superior quality, (b) improved patient access, (c) lower overall costs, and (d) greater patient and clinician satisfaction. This month, after 150 combined episodes , three questions emerged: Which of the hundreds of ideas presented remain most promising? Why, after five years and so many excellent solutions, has our nation experienced such limited improvements in healthcare? And finally, how will these great ideas become reality? … [Read more...] about 15 Innovative Ideas For Fixing Healthcare From 15 Brilliant Minds
Learning From The Evolution Of Open Banking
Share to Twitter Share to Linkedin Jakob Rost, CEO and cofounder at Ayoconnect . With over a decade of experience in e-commerce, fintech and financial services in Indonesia's tech industry, I have gained valuable insights into the evolution of open banking. Open banking has gained significant traction in recent years as a transformative concept in the financial industry. The pandemic has accelerated this adoption even further, as evidenced by the increased popularity of neobanks and alternative financial services aiming to enhance the digital banking experience. According to a report by Polaris Market Research , the global open banking market size was valued at $16.14 billion in 2021 and is projected to reach $128.12 billion by 2030, growing at a CAGR of 26.8% during the forecasted period. Polaris' research also highlighted the Asia Pacific region as the one that will experience the most growth over the forecast period, a trend that I have … [Read more...] about Learning From The Evolution Of Open Banking
Why Clinique’s Next Move In The Metaverse Is A Winning Formula For Web3 Retail
Share to Twitter Share to Linkedin Clinique is launching digital laboratory Clinique Lab, an all-immersive, multi-sensory gamified experience that combines retail with edutainment. Having created custom avatars, users can explore different zones including a museum spotlighting the brand’s history and a skin school offering both video tutorials and interactive diagnostics with customized skincare solutions defined by consultants in real time. Particular focus is Clinique hero product Moisture Surge with ingredients and formula showcased alongside the effect of environmental factors on the skin. Of course, there’s also a retail play; users can shop featured products, checking out via the Clinique’s regular e-commerce channel. “It’s a new way to present our brand — an adventure that’s deeply experiential and aspirational, with an element of personalization both in the avatar and the way you decide to engage with it,” said Clinique VP of e-commerce … [Read more...] about Why Clinique’s Next Move In The Metaverse Is A Winning Formula For Web3 Retail
Paddy ‘The Baddy’ Pimblett Touts Mental Health, Being Approachable Part Of UFC Life
Share to Twitter Share to Linkedin Everyone who’s ever met or spoken to Paddy Pimblett could probably attest to one thing. He’s as easygoing as anyone you'll ever talk to. And the simplest conversations with the mixed martial arts fighter feel like a chat with an old friend down at the pub. Perhaps it was for that reason that Pimblett, who called me “fella” and “lad” throughout our short Zoom interview earlier this month, seems like the kind of that Guy Ritchie would cast in one of his films. I mention that and ask if he sees “Paddy The Baddy” in future motion pictures. “Yeah, definitely,” Pimblett said. “I’ll be in movies one day, lad. Don't worry about that. I’ll be in films, 100%!” Pimblett kicked off the month of March with a trip to Southern California, where he hoped to catch some sun and train with a group of professional MMA fighters from Indonesia. While on his trip to San Diego and Los Angeles, Pimblett visited with UFC legend Chuck … [Read more...] about Paddy ‘The Baddy’ Pimblett Touts Mental Health, Being Approachable Part Of UFC Life
The Future Of AI In Banking
Share to Twitter Share to Linkedin Alex Kreger, UX Strategist & Founder of the financial UX design agency UXDA, increases banking and fintech products' value in 36 countries. In just two months after its launch, GPT-3-powered ChatGPT reached 100 million monthly active users, becoming the fastest-growing app in history, according to a UBS report ( via Reuters ). ChatGPT is a language model that uses natural language processing and artificial intelligence (AI) machine learning techniques to understand and generate human-like responses to user queries. I compare GPT's appearance with the launch of the internet in terms of its impact on the future of humanity. It enables machines to understand and generate language interactions in a revolutionary way. GPT (generative pre-trained transformer) AI could disrupt how we engage with technology much like the internet did. It's only been about two months since the launch (as of the time of this … [Read more...] about The Future Of AI In Banking