19 Oct

Govt bootcamp to prep 30 startups to give SMEs a digital leg up

first_imgThe study found that MSMEs that have an online presence are more resilient, as they are more likely to continue producing and selling goods and to have a longer runway to survive the health crisis.So far, the number of small businesses on digital platforms has reached around 9 million, or 14 percent of all small businesses, according to the minister, quoting data from the Communications and Information Ministry.That figure includes 1 million new enterprises to go digital during the pandemic.“Some digital platforms [companies] told me they had never seen such a rapid growth in only a few months. This is because the situation forces people to sell online,” said Teten.Putri Tanjung, who initiated the program, said the participating startups had brought about solutions to the issues faced by local small businesses in their respective regions.According to the ministry, 23 startups participating in the program are from outside Jakarta.Neneng Goenadi, the managing director of Grab Indonesia, said a survey by her company found that 76 percent of SME respondents still needed more support to increase their online visibility, and around half of them needed technology to develop their businesses.Both Grab Indonesia and Shopee Indonesia will provide guides on a wide range of topics, including technology, marketing strategy and product design, to the participating startups.“We at Shopee, which has been dealing with SMEs for years, hope we can share [our experience], so that those startups can avoid the pitfalls we faced,” said Handhika Jahja, the director of Shopee Indonesia.The government has allocated Rp 123.46 trillion (US$8.36 billion) for small businesses as part of its COVID-19 relief package. As of Sept. 17, the government had spent 41.34 percent of that allocation, according to Coordinating Economic Minister Airlangga Hartarto.Topics : The government will hold a three-week bootcamp for 30 selected startups that can provide services like supply chain and finance management for small and medium enterprises (SME) as it aims to increase digitalization among the small businesses.The course, called Pahlawan Digital (Digital Heroes), will begin on Wednesday. The Cooperatives and SME Ministry also partners with influencer-cum-businesswoman Putri Tanjung, e-commerce company Shopee Indonesia and ride-hailing firm Grab Indonesia to select the 10 best startups out of the 30 participants as strategic partners for the ministry.“They [the startups] will provide not only market access [for SMEs] but also support efficient business processes and supply chains, access to financing and entrepreneurship development,” Cooperatives and SME Minister Teten Masduki said in a virtual press conference on Monday. Six startups, including promotional small businesses database Klik Direktori, smart chat assistant provider Chatbiz.id and digital debt manager CrediBook, were selected for the supply chain management services category, as they could provide such services to around 72,000 small businesses across the country, according to the ministry.Teten said the program would help the government meet its target of having 10 million small businesses adopt digital technology this year, in part to adapt to mobility restrictions necessitated by the COVID-19 pandemic.Indonesia’s economy relies heavily on small businesses, which account for more than 60 percent of the gross domestic product (GDP) and employ a majority of the labor force. Small businesses have been hit hard by the COVID-19 outbreak, as the economy shrank by 5.32 percent year-on-year (yoy) in the second quarter of this year.A Mandiri Institute study shows that digitalized micro, small and medium enterprises (MSMEs) can help Indonesia significantly reduce the GDP impact of the pandemic.last_img read more

21 Sep

Saints duo earn Pochettino plaudits

first_img Southampton also picked up a fifth clean sheet of the season, with goalkeeper Boruc pulling off a string of fine saves to keep the visitors at bay. “He was incredible,” Southampton boss Pochettino said of the Poland international. “He did ever so well, but it just shows we have full trust in his performances and his skill, and also in our other keepers. “We were able to keep another clean sheet, which was a massive positive for us, but Boruc has our full trust to be our number-one keeper. “I don’t know what happened in the past, but in the eight months I’ve been here he’s been excellent for us. “There’s great competition between the three main goalkeepers and behind in the youth teams, so we’re very happy with the great atmosphere between them.” While Boruc was Southampton’s best defensive player, goalscorer Lallana shone going forward. After taking a while to adapt to life in the top flight, the 25-year-old has impressed for Saints this term, leading to suggestions he could follow Rickie Lambert into the England set-up. “I’m very happy for Adam,” Pochettino said of Lallana, who was called up for England’s World Cup qualifier with Ukraine in September 2012 but did not play. Press Association Mauricio Pochettino heaped praise on Artur Boruc and Adam Lallana after they starred in Southampton’s hard-fought Barclays Premier League victory over Swansea. “He’s a great bloke and a great professional and he’s very passionate about this club, about Southampton, so I’m happy for him. “I’m very happy that he scored and for everything he represents – all the good values at this club. “It’s not my decision in the end, but if he keeps performing as he did today he’ll be actually very close to getting that call up to the national side. “I don’t like to talk about what I’ve done in his game. It’s an overall group of people who are helping to make this club better. “I want to thank him for his kind words, but there’s a structure at this club to help everyone improve and that goes from the chairman to the cleaning lady. “The one person who deserves all the praise for his improvement is the player himself. His performance has been amazing over the last few games.” Swansea counterpart Michael Laudrup, meanwhile, was left ruing missed opportunities after seeing his side fail to follow up Thursday’s Europa League win against St Gallen with another positive result. Michu and Wilfried Bony were denied by fine Boruc saves, while Saints academy graduate Nathan Dyer hit the inside of the post before half-time. “I don’t know if frustration’s the right word, but I think there are always positives and negatives in every game,” the Swans boss said. “Before we started this season, we said it would be difficult for the team and we’ve seen a lot of cases around Europe of teams who have to play on Sundays. “I can only say we are doing well, and are playing well in all the games after midweeks. “Today was the seventh game in 20 games. I thought it could be some players tired. You play every three days, but I really didn’t see that. “It’s true Southampton were the best team in the first 10 minutes, but since the goal I think we dominated the whole game. “The second half we dominated form the first to last minute, but maybe not creating the same number of chances.” Saints emerged 2-0 winners from a pulsating, end-to-end encounter at St Mary’s, despite spending most of the match on the back foot. The Swans dominated the majority of play but fell to strikes from captain Lallana and substitute Jay Rodriguez as Saints secured a third successive league triumph. last_img read more

20 Sep

Andrew Yang drops out of 2020 Presidential Race

first_imgTrailing in New Hampshire, Andrew Yang dropped out of the 2020 Democratic race for the White House as the polls were closing for the first in the nation primary. The 45-year-old entrepreneur and first time presidential candidate had hoped his signature idea of giving every American adult a universal basic income of $1,000 a month would help lift him to the White House. However, while campaigning in the second state to vote in the presidential contest, Yang decided it was time to officially call it quits.“By the numbers, the decision was pretty clear,” Zach Graumann, Yang’s campaign manager told the NewsHour on Tuesday. “It doesn’t feel honest to keep taking money and enthusiasm from our supporters, but also from the Democratic Party. It’s obviously a difficult decision, but we believe the right one.”Graumann said Yang no longer saw a “real chance to win the nomination” but hopes to have a future in politics.Graumann would not say who, if anyone, Yang would endorse, but did say he planned to support whoever Democrats nominate to go up against President Trump.last_img read more

17 Sep

Cadbury Restates Commitment to Sports in New Deal with NFF

first_imgCadbury Nigeria Plc. has deepened its interest in the development of football in the country as its Tom Tom brand signed a three-year partnership deal with the Nigerian Football Federation, NFF, to support the Nigerian football league.As a result of the new deal, Tom Tom was unveiled as the official candy of the Super Eagles, making it a decade since the company first announced the partnership in 2008.Announcing the union, Managing Director of the firm,  Mr. Amir Shamsi, stated that the deal was not coincidental rather it was a deliberate effort by the partnering teams to connect with Nigerians and their passion for football.“We promise to continuously support the Super Eagles and also seize this opportunity to enjoin Nigerians to give their full support to the team. We believe in the team, so we implore Nigerians to have confidence in them. They are poised to make us proud,” he said.Also speaking at the signing ceremony, Category Marketing Lead for West Africa, Mrs. Uwadiae Chidinma, dwelt on the   benefits of Tom Tom as a candy with a purpose.“It delivers soothing relief and mental invigoration. It has remained relevant over the decades despite other competitive offerings in the market and that is why it   is undisputedly one of the most ubiquitous brands in the country,” she noted.President of NFF, Mr. Amaju Pinnick, lauded the initiative, saying the federation would work in tandem with the  brand and leverage on the partnership to bring glory to the national team at every tournament.Also, the Brand Manager, Candy West Africa, Mr Aruleba Olumide urged  Nigerians to encourage the national team by supporting them as he said this was important to motivate them to victory.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more