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Indonesia recommends Energy Transition Policies at B20 ESC Meeting

indie
3 minutes

JAKARTA, Jul 1, 2022 - (ACN Newswire via SEAPRWire.com) - The B20 Energy, Sustainability, and Climate (ESC) Task Force has drafted recommendations and policy actions on global energy transition during the 5th call meeting that was held virtually on June 21, 2022.Deputy Chair of the Energy, Sustainability and Climate Task Force Agung Wicaksono speaks at the B20 Side Event: Energy, Sustainability & Climate Task Force, held virtually on Tuesday, June 21 (ANTARA/HO-PT Pertamina)According to the Task Force's deputy chair, Agung Wicaksono, the recommendations and policies have been intensively discussed by the members for the last five months, and the drafts mark the end of the journey of the planning process."It is truly an honor and privilege for me to convene the last Task Force Call Meeting today, and especially for all members who have been present to share their thoughts and bright ideas and dedicate themselves to the goal solutions of co-financing the global energy sustainability and climate change issues," Wicaksono said in a statement released Wednesday.On the same day during a side event held in Rome, Italy, Wicaksono also said that the Task Force had worked closely in adva...

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B20 task force highlights recommendations to support net zero-carbon

indie
4 minutes

JAKARTA, Jun 23, 2022 - (ACN Newswire via SEAPRWire.com) - The B20 Energy, Sustainability & Climate Task Force, led by state-owned oil giant Pertamina Group, put forth three recommendations to support realization of the target of net-zero carbon emissions.The B20 Energy, Sustainability & Climate (ESC) Task Force held entitled the third Task Force Call Meeting on Thursday, April 19 (ANTARA/HO-Pertamina)"Climate change sustainability is something that we must strive for in the future. For this reason, the B20 Energy, Sustainability, and Climate Task Force has compiled policy recommendations that focus on three recommendations, with 12 policy actions that call for global cooperation," Deputy Chair of B20 Energy, Sustainability, and Climate Task Force Agung Wicaksono said in a statement obtained here on Thursday.He delivered the statement during the hybrid dialogue forum of Energy Transition in Growth Markets on Tuesday (June 21).This forum is one of the events conducted by the Task Force Energy, Sustainability & Climate (ESC) and the Task Force Future of Work and Education in collaboration with the Accenture International Utilities and Energy Conference held on June 21-23,...

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B20 ESC Task Force to link performance, SDG targets with policies

indie
3 minutes

JAKARTA, May 27, 2022 - (ACN Newswire via SEAPRWire.com) - The B20 Energy, Sustainability, and Climate (ESC) Task Force has continued to strengthen steps to produce policy recommendations under the Indonesian G20 Presidency.Chair of the B20 Energy, Sustainability, and Climate Task Force, Nicke Widyawati, during the 4th Call Meeting of the task force in Jakarta on Tuesday, May 24, 2022. (Antara / HO-Pertamina)As part of the effort, the 'Fourth Task Force Call Meeting' was held online for members on Tuesday (May 24, 2022).The meeting, which was accessed from Jakarta, was led directly by Pertamina president director and chair of the task force, Nicke Widyawati.It was attended by around 140 participants comprising deputy chair of the ESC Task Force, Agung Wicaksono; policy manager of the task force, Oki Muraza; eight co-chairs of the task force; and B20 members from 19 industries and 25 countries.Among the topics the 4th meeting focused on was the addition of aspects of SDGs and key performance indicators (KPI) to policy recommendations."Based on the results of discussions between the Task Force and the Implementing Council, it has been agreed that all Task Force B20 should link the SD...

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B20 ESC Task Force continues to design constructive energy policies

indie
3 minutes

JAKARTA, Apr 23, 2022 - (ACN Newswire via SEAPRWire.com) - The B20 ESC (Energy, Sustainability & Climate) Task Force held the 3rd ESC Task Force Call Meeting on Thursday (April 21), to discuss Policy Action that will be recommended at the upcoming G20, as noted in a release issued by PT Pertamina on Friday. The B20, or Business 20, is a G20 outreach group that represents the international business community. The B20 ESC (Energy, Sustainability & Climate) Task Force held the '3rd Task Force Call Meeting' on Tuesday, April 19, 2022. (Antara/HO-Pertamina)The B20 ESG Task Force, led by Pertamina, the largest Energy SOE (State-Owned Enterprise) in Indonesia, and Pertamina President Director & CEO Nicke Widyawati, the ESC Task Force Chair, continued to update policy design and policy actions calling for efforts to maintain energy, sustainability and climate change mitigation.The ESC Task Force Call Meeting was attended by around 140 participants including ESC Task Force Deputy Chair, Agung Wicaksono, ESC Task Force Policy Manager, Oki Muraza, 8 ESC Task Force Co-Chairs, as well as members from 19 industries and 25 countries.Widyawati invited members of the Task Force to discu...

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B20 Task Force Provides Policy Recommendations on Energy Transition

indie
5 minutes

JAKARTA, Mar 22, 2022 - (ACN Newswire via SEAPRWire.com) - The B20 Energy, Sustainability & Climate Task Force, led by state-owned oil giant PT Pertamina (Persero), has provided policy recommendations and actions for sustainable energy transition. The statement was delivered by Chair of B20 Energy, Sustainability, and Climate Task Force Nicke Widyawati during the 3rd stakeholder consultation task force energy, sustainability and climate sustainable finance held virtually on Friday (18/3).President Director & CEO Nicke Widyawati delivers a speech as Chair of B20 Energy, Sustainability and Climate Task Force at the 3rd stakeholder consultation task force energy, sustainability and climate sustainable finance held virtually (18/3) (Antara/Azis Kurmala)The Business 20, or B20, is an outreach group from the G20 that represents the international business community. "So as part of engaging group in the G20, the B20 Energy, Sustainability & Climate Task Force will provide policy recommendations and actions for sustainable energy transition with three focus on part of priority issue that trigger to the outline of President Joko Widodo's directive," Widyawati, concurrently the pr...

SeaPRwire

Government to consider PME task force recommendations for workplace fairness

aseanpr
4 minutes

SINGAPORE - Proposals from the labour movement and employer's federation to ensure workplace fairness and support local workers will be considered by the Manpower Ministry (MOM). It noted on Friday (Oct 22): "The recommendations will be taken into consideration in the ongoing review of manpower policies, the workplace fairness framework and employment support initiatives." The remarks were in response to nine proposals put out by a PME task force led by the National Trades Union Congress and Singapore National Employers Federation to pinpoint better ways to assist professionals, managers and executives (PMEs). One of the key thrusts of the task force's recommendations is to enhance workplace fairness through improving human resources standards, re-looking the review process for employment pass applications and differentiating foreign worker access by occupations. The MOM noted on Friday that a tripartite committee had been formed in July to review the framework for workplace fairness. "(The committee) will study the recommendations put forth by the PME task force as it designs a legal framework that is balanced, and in the best interests of Singapore and Singaporeans," MOM said. It...

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NTUC calls for national support framework for unemployed PMEs

aseanpr
5 minutes

SINGAPORE - A support framework that includes financial aid is needed to help unemployed people move into new jobs. The framework should include a basic tier to provide supplementary income relief and assistance, while an additional level could offer more support for union members and vulnerable, mature workers. This was among nine recommendations that the labour movement released on Thursday (Oct 21) after a year-long consultation exercise to pinpoint better ways to assist professionals, managers and executives (PMEs). The initiative, which was carried out by a task force from the National Trades Union Congress (NTUC) and Singapore National Employers Federation (SNEF), involved consultations with around 10,000 workers and business leaders. NTUC secretary-general Ng Chee Meng said: "PMEs feel the pressure from foreign competition and for mature PMEs, they find it challenging to bounce back when they lose their jobs. "Thus, we must do more to level the playing field for our local PMEs, while enabling other forms of employment and employability-related support, like unemployment transition support, job search or training support, for them." The task force also called for a tripartite...

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Hitachi: Compact, Lightweight Direct-Drive System to Make In-Wheel Electric Vehicles Closer to a Production Reality

ruth
5 minutes

TOKYO, Sep 30, 2021 - (JCN Newswire via SEAPRWire.com) - Hitachi, Ltd. (TSE: 6501) and Hitachi Astemo, Ltd. today jointly announced the development a compact, lightweight direct-drive(1) system for the increasingly popular EV segment,(2) which combines the motor, inverter, and brake into a single unit (Fig. 1). This enables the installation of the entire system into the wheel, thus moving the world one step closer to a zero-emissions society. The new motor transmits the high drive force necessary to run an EV directly to the wheels, and its lightweight design and world-class 2.5 kW/kg power density(3) significantly limit the weight increase traditionally associated with in-wheel units. Moreover, adopting an in-wheel unit does not require a substantial change to the existing configuration of the suspension and other components. Driveshafts and other indirect mechanisms have been eliminated, allowing motor power to be applied directly to EV operation. This reduces energy loss by 30 percent and increases the range on a single charge compared to existing EVs.Hitachi and Hitachi Astemo will continue research into practical implementation of the technology, which enables more expansive i...

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First RSAF women aircrew for F-15SG fighter jet take part in exercise in US

aseanpr
5 minutes

SINGAPORE - One has always dreamed of being a fighter pilot, while the other's interest in the air force was sparked by the fighter jets that fly on National Day. While fighter pilot Captain (CPT) Julie Lim and weapon systems officer Lieutenant (LTA) Hannah Teo did not join the air force by accident, ending up in the same F-15SG cockpit was more fortuitous. They are the first women fighter aircrew duo to fly the Republic of Singapore Air Force (RSAF) multi-role combat fighter together. In April this year (2021), both were posted to the RSAF's Peace Carvin V detachment in the city of Mountain Home, Idaho, in the United States, where they took part in the biennial integrated strike drill Exercise Forging Sabre. The drill started on Sept 14 and ends on Saturday (Sept 25). Asked if there was a deliberate plan to put them together, CPT Lim demurred. Both women started their aircrew training in 2016. "I think we just happened to be at the same place at the same time. "We started our training three courses apart, but because of the duration of the courses, we ended up graduating and getting posted to 142 Squadron at the same time," she said. Fighter pilots can operate with different weapo...

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Hitachi: Damping Force Adjustment Absorber Adopted by Toyota for New Land Cruiser

ruth
2 minutes

TOKYO, Aug 30, 2021 - (JCN Newswire via SEAPRWire.com) - Hitachi Astemo Co., Ltd. today announced that its damping force adjustment absorber co-developed with Aisin Corporation was adopted by Toyota Motor Corporation for the new Land Cruiser launched in June.Co-developed with Aisin Corporation, the damping force adjustment absorber improves control for Toyota's new Land Cruiser. While shock absorbers typically have a single mechanism to adjust damping force during extension and compression, our jointly developed suspension is able to adjust the damping force using separate mechanisms enabling more precise control of the damping forces resulting in a higher level of maneuverability and a more comfortable driving experience.Furthermore, by incorporating the damping force control valve in the shock absorber, instead of on the outside where it is conventionally installed, the structure can be simplified. As a result, and compared to our conventional products, volume has been reduced by about 20% making it much easier to mount on the vehicle, and the weight has been reduced by about 30%.Hitachi Astemo is committed to creating social, environmental, and economic value by providing advanc...

SeaPRwire

Emerging Stronger Taskforce: Strengthen S’pore’s international partnerships, especially with South-east Asia

aseanpr
3 minutes

SINGAPORE - Singapore should position itself as a partner for recovery and growth, and foster win-win partnerships with its neighbours. The country can do so by working with countries in the region at all levels, including through partnerships between businesses, and deepening Singapore's engagement with and knowledge of the region. These were among the recommendations in a report released on Monday (May 17) by the task force set up to transform Singapore's economy amid the pandemic. "As a small and open economy, international trade is indispensable to Singapore," said the Emerging Stronger Taskforce (EST), which was set up last May to guide Singapore's economic recovery from the Covid-19 crisis. "In a more troubled world, we must resist the tide of turning inwards. We must continue to cultivate strong and meaningful international partnerships with the world." The task force said Singapore must contribute to South-east Asia in particular, noting that Asean was the third-largest market in Asia after China and Japan in 2019, and the fifth-largest globally. More platforms should be established to bring interested companies together to engage the region at the business-to-business leve...

SeaPRwire

Emerging Stronger Taskforce: As S’pore businesses transform, they must equip workers with skills for new roles

aseanpr
5 minutes

SINGAPORE - Even as businesses transform themselves to adapt to the changing nature of work, their workers will also need the right skills to take on new or redesigned job roles. Besides businesses, there is room for training providers, Institutes of Higher Learning and unions to play a "bigger and more sustained role" in upskilling and creating career progression pathways for workers, according to a report released by the Emerging Stronger Taskforce on Monday (May 17). At the same time, Singapore must remain open to talent from abroad to boost the local workforce. Minister for National Development Desmond Lee, who co-chairs the task force to guide Singapore's economic recovery from the Covid-19 pandemic, said there is a need to help workers here to bridge skills gaps and prepare for an uncertain future. "We'll support Singaporeans in this journey, provide the assistance, as well as the resources that they need to take on new and better jobs in a post-Covid-19 world," he added. To ensure workers stay ahead of the curve, the taskforce urged businesses to work with intermediaries and unions to identify job disruption and training needs early on, and chart suitable upskilling plans. T...

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Emerging Stronger Taskforce: Establish S’pore as carbon trading and services hub, seize green opportunities

aseanpr
7 minutes

SINGAPORE - Singapore should establish itself as a carbon trading and services hub, as part of a broader push to seize growth opportunities in the area of sustainability. This was among a set of recommendations made by the Emerging Stronger Task Force to transform the country's economy amid the pandemic, in a report released on Monday (May 17). National Development Minister Desmond Lee, who co-chairs the task force, said Covid-19 has "crystallised" the fact that sustainability is an important and existential issue, and the growing demand for a green economy presents an opportunity for Singapore to establish itself as a first mover in this area. There is a pressing need to establish the Republic as a sustainability hub, while fulfilling its own carbon commitments and contributing to the global agenda to tackle climate change at the same time, said the task force in its report. The task force noted that demand for carbon services and trading is expected to increase as voluntary carbon markets scale up significantly to meet Paris Agreement goals. By 2050, the global carbon offset market could be worth US$200 billion (S$267 billion), as demand could grow exponentially by up to 100 time...

SeaPRwire

Emerging Stronger Taskforce: S’pore can unlock ‘virtually unlimited opportunities’ by playing to strengths

aseanpr
4 minutes

SINGAPORE - Covid-19 has created an unprecedented impetus for digital adoption among businesses and individuals in Singapore, and the country can create new opportunities in the virtual realm post-pandemic if it plays to its strengths. In a report released on Monday (May 17), the Emerging Stronger Taskforce suggested providing digital services in areas that tap Singapore's strengths of trust, speed, consistency and systems-level coordination. "We have always found ways for our economy to transcend our physical boundaries - as a major air hub, an international maritime centre, a hub for financial and professional services, and a trusted gateway to Asia. We must now do the same in the virtual realm," said the task force, which was set up last May to guide Singapore's economic recovery from the pandemic. In its report, the task force said it envisions Singapore taking its Smart Nation aspirations global to unlock "virtually unlimited opportunities" for businesses and talent, as well as cities. Elaborating on these plans, it said businesses must move quickly to sell their products and services overseas such that they can grow and create new markets. Such digital services may include th...

SeaPRwire

Singapore Police Force station inspector allegedly molested 2 men at police facility

aseanpr
2 minutes

SINGAPORE - A police station inspector was charged in a district court on Tuesday (April 27) after he allegedly molested two men at a police facility. Yick Wai Hong, now 46, faces two molestation charges. He is said to have committed the offences in January last year. His alleged victims cannot be identified due to a gag order. Court documents do not state if they are in the Singapore Police Force. The court heard that in January last year, Yick allegedly pulled one of the men's head towards him, causing the latter's forehead to touch the station inspector's groin. Yick is said to have pulled a second man's head towards his groin at the same facility on Jan 23 last year. Police told The Straits Times in a statement on Tuesday evening that Yick has been suspended from service since April 8 this year. A police spokesman said: "Officers of the Singapore Police Force are expected to uphold the law and maintain high standards of discipline and integrity. We deal with officers who break the law severely, including charging them in court." Yick's bail was set at $10,000 and his case has been adjourned to May 18. For each count of molestation, an offender can be jailed for up to two years ...

SeaPRwire

Fed members see inflation under control, but more express concern

elean
2 minutes

WASHINGTON (AFP) - Most US central bankers viewed inflation as stable, but some are becoming more vocal about fears the Covid-19 pandemic will push prices higher, according to minutes of last month's Federal Reserve meeting released on Wednesday (April 7). Fed officials also expressed concern the pandemic was constraining the American labour force. The policy-setting Federal Open Market Committee (FOMC) took no major action at the March 16-17 meeting, keeping its benchmark lending rate at zero to help the economy recover from the business disruptions and mass layoffs caused by Covid-19. While warning the recovery was incomplete, Fed Chair Jerome Powell acknowledged the rebound has been faster than expected thanks to relief measures approved by Congress, including the US$1.9 trillion (S$2.55 trillion) American Rescue Plan enacted last month. However, the massive spending has raised fears inflation will increase as the world's largest economy reopens, which sparked a selloff in bonds and some rocky trading sessions on Wall Street. The FOMC meeting minutes showed most central bankers saw inflation as under control, with the risks "broadly balanced", but there was a split on the fear p...

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New joint task force to champion protection of local PMEs

aseanpr
3 minutes

SINGAPORE - Professionals, managers and executives (PMEs), particularly older ones, now have a champion in the form of a new task force that aims to protect their career prospects and keep them relevant for the new economy. This was announced on Tuesday (Oct 27) by National Trades Union Congress (NTUC) secretary-general Ng Chee Meng, who said PMEs, especially those aged between 40 and 60, are more vulnerable due to economic transformation and technological disruption. Co-led by NTUC assistant secretary-general Patrick Tay and Singapore National Employers Federation (SNEF) executive director Sim Gim Guan, the task force comprises union and industry representatives from the industrial, service and public sectors. Mr Ng and SNEF president Robert Yap will be its advisers. During his keynote speech at the Labour Research Conference 2020 on Tuesday, Mr Ng outlined the task force's three key areas of focus. It will work towards enhancing employability and reducing risk of retrenchment; encouraging employers to retain and build capabilities for the workforce; and enabling PMEs through upskilling and reskilling. Over the next six months, the group will engage PMEs and employers through poll...