PwC research reveals Traveloka, Indonesia’s tech success story, aided post-pandemic recovery by contributing approximately USD10 billion to Indonesia’s GDP

SINGAPORE – Media OutReach – 22 September 2023 – A socio-economic impact study released by PwC Indonesia today reveals Traveloka, Southeast Asia’s leading travel platform, is making significant social, environmental, and economic contributions to Indonesia, Malaysia, Singapore, Thailand and Vietnam, its core areas of operations. While Traveloka’s primary economic contribution is within the tourism sector, its activities also extend to other sectors such as agriculture and energy, indicating a broader economic involvement.

The study highlights Traveloka’s role in stimulating an increase in Indonesia’s Gross Value Added (GVA) across a four-year period, accounting for approximately USD10 billion between 2019 and 2022. Of this amount, the tourism sector accounted for more than USD4.5 billion, contributing 2.7 per cent to the sector’s GDP. This contribution played an important role in aiding the post-pandemic recovery of the travel and tourism sector in the region.

“Traveloka’s impact is far-reaching, and we generate significant real-world value. We engage with millions of travellers daily, and this PwC Indonesia study quantifies for the first time our sizable contribution to Indonesia’s economy through powering innovation, driving growth for local businesses, and job creation,” said Caesar Indra, President, Traveloka. “As we continue to grow our presence around the region and the world, we remain committed to serving our customers, and delivering positive and sustainable impact in Indonesia for the long-term.”

“This study measures the ripple effect that Traveloka’s operations have on various sectors in the region,” said Julian Smith, Director, PwC Indonesia. “The result illustrates a symbiotic relationship between Traveloka and the wider economy, fostering growth and innovation in a period where resilience and adaptability are more vital than ever. It is encouraging to witness a tech unicorn not only thrive but also catalyse positive change in the Southeast Asia region.”

Tangible business impact

The study by PwC Indonesia highlights Traveloka’s impact as it enables its partners in Indonesia to unlock access to new global audiences and innovate to diversify revenue streams. 86 per cent of businesses who participated in the study agreed that Traveloka has helped to accelerate their business growth in the Travel & Tourism, Food & Beverages and Lifestyle Sectors. Respondents reported an average of 50 to 75 per cent growth in sales after partnering with Traveloka.

Further, 67 per cent of businesses based in off-the-beaten-track destinations reported experiencing positive trends in visits to their businesses after partnering with Traveloka, with 77 per cent agreeing that Traveloka has helped them promote domestic tourism. In addition, 62 per cent agreed that Traveloka has helped increase their competitiveness against businesses in other destinations. Among women-owned businesses, 85 per cent agreed that Traveloka has helped them promote their products and services, reach more customers, and obtain higher revenue from online sales.

The study mirrors Traveloka’s Southeast Asia growth

The multi-national Traveloka impact reflects the geographical expansion from Indonesia to the region. With growing demand, Traveloka established more direct, sustainable partnerships with suppliers in Southeast Asia and fostered more profound relationships with travel partners. This resulted in better service quality for Traveloka’s consumers and the impact measured in the PwC Indonesia study.

Promoting sustainability

The positive impact Traveloka has had in the region is set to continue as Traveloka seeks to become the most sustainable technology company in Southeast Asia, with the highest ESG rating from Sustainalytics and MSCI in its category by 2024. To accomplish this, the platform is committed to conducting its business responsibly and ethically to reduce its direct and indirect environmental footprint—both internally and externally.

According to a user survey on sustainability products, it was found that 88 per cent of the users surveyed in Indonesia value the option of offsetting their carbon footprint while booking a flight on the Traveloka app. In addition, 80 per cent of the respondents said they would be more likely to choose an accommodation with sustainability practices. Thus, Traveloka incorporated a filtering option labelled “Sustainable Tourism” within the application. Users can now select the Carbon Offset Checkout on their flights and accommodation options certified by the Global Sustainable Tourism Councils (GSTC).

For more information, full study here.

Hashtag: #Traveloka #PwC #Travel #Sustainability

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About Traveloka

Traveloka, Southeast Asia’s leading travel platform, enables consumers to access, discover and purchase a wide range of travel, local services, and financial services products. Traveloka’s comprehensive product portfolio includes transport booking services such as flight tickets, bus, trains, car rental, airport transfer. It also offers access to the largest accommodation inventory in Southeast Asia, including hotels, apartments, guest houses, homestays, resorts, and villas.

Traveloka is a key player offering local services (currently specific to certain markets), and reservations for a wide range of local attractions, activities, as well as wellness and beauty clinics. Traveloka also offers financing, payment, and insurance products to help Southeast Asian consumers fulfill their aspirations. Traveloka provides 24/7 customer service in local languages as well as more than 30 different local payment methods. The Traveloka app has been downloaded more than 127 million times, making it the most popular travel platform in Southeast Asia.

https://www.traveloka.com

About PwC

At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 152 countries with nearly 328,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity.

Please see www.pwc.com/structure for further details. © 2023 PwC. All rights reserved.

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Vertu’s new web3 phone with AI capabilities as a “second brain”

SINGAPORE – Media OutReach – 22 September 2023 – The handmade luxury smartphone brand VERTU showcased its Web3-friendly smartphone, the METAVERTU 2, at the recent inaugural Token2049 Singapore, said to be the largest crypto-focused event in the region. The handmade METAVERTU 2 luxury smartphone is the successor to the successful METAVERTU range, with its own decentralized operating system (DOS) with security at its core, made for every blockchain and Web3 savvy connoisseur. The stylish VERTU tote bag presented as a gift at the VERTU booth was highly popular in this well-attended event.

Founded in 1998 from a strong telecommunications pedigree, the VERTU brand of mobile phones steadily became the status symbol of those who love to stay in touch with style. Today, the VERTU range encompasses luxury feature phones as well as highly customized Android smartphones that are handmade and customized to taste. The METAVERTU range of VERTU phones is a leap forward for Web3 adopters who need to communicate and transact in the Web3 universe and mainstream communications with security baked in.

METAVERTU 2 – the Web3 smartphone
The first METAVERTU was touted to be the world’s first Web3 phone, with two smart chips in one phone, a Qualcomm Snapdragon SoC and an A5 encryption chip, for safety in blockchain and Web3 transactions and communications. The first METAVERTU offered luxury and materials for a luxurious tactile feel, and featured a robust memory and storage for the most demanding applications. The phones featured a seamless switch between the Android and Web3 worlds for partitioned security. And as many would understand what the Vertu experience truly is, all vertu phones come with British personal butler service. But METAVERTU 2 provides you with unparalleled Hybrid AI Bulter Service, Seamless integration of AI and human expertise for HNW users

The METAVERTU 2 ups the ante, arguably the most secure crypto mobile phone, with a “unhackable” Secure Element (SE) chip that generates a bank-level encryption for signing, decryption, hardware-based random number generation, and a Zero-Knowledge Proof (ZK) capability.

The Keybox feature stores local private keys within a hardware space based on the physical SE chip, and is isolated from the Android operating system to ensure maximum security for the blockchain private keys.

All Web3 apps are managed in a separate Decentralized Operating System (DOS), again isolated from the Android operating system meant for all other Web2 apps and functionality. The METAVERTU 2 features a seamless switching between the two operating systems (DOS and Android), using different fingerprints, with features such as system camouflage, data destruction, and end-to-end encrypted communication.

The METAVERTU 2 features I-DID, which is an irreplaceable identity that binds the I-DID with a user’s mobile IMEI number, so users can access all Web3 dApps with the Web2 high-net worth user identity, without the need for repetitive registrations.

For cryptocurrency adopters, the MPC Wallet frees the user from memorizing mnemonic phrases, , working with the Keybox feature for robust security for private keys.

The METAVERTU 2 Web3 phone is also a developer haven, with programmability through open protocols to work with the embedded Hardware ZK, Trusted Oracle Protocol (TOP), ensuring the authenticity of every step of data flow through various components such as the TLS, Android, and SE Proof. Developers can access APIs for most Layer 1 (L1) and Layer 2 (L2) protocols. The I-DID Protocol is especially useful for developers to write code that may eliminate the likes of Sybil Attacks. Through dApp Store, developers can also showcase their dApps to attract users to download the dApps for use.

Pricing and Availability
The VERTU METAVERTU 2 will be available in October 2023. Users can make a reservation for the METAVERTU 2 now and get a chance to win a Bitcoin Blind Box. No deposits are required for reservations.

For more information of METAVERTU 2, please visit https://vertu.com/pages/mobile-moment

Hashtag: #metavertu #luxuryphone #web3

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https://www.facebook.com/Vertu
https://www.instagram.com/vertu.england/
https://www.youtube.com/@officialvertu1542
https://wa.me/8618782237194

The issuer is solely responsible for the content of this announcement.

VERTU

VERTU was founded in 1998 and has its headquarters and workshop in UK. In 2002, VERTU launched THE SIGNATURE, the world’s first luxury mobile phone, creating a new category of luxury mobile phones that shows Vertu’s pioneering spirit in the Brand’s leadership, innovation, confidence and boldness. VERTU strives to perfect the brand’s philosophy of “creating the extraordinary” in every detail, using the rarest and most exceptional materials, setting stringent testing standards, and insisting on artisanal craftsmanship, combining handcrafted craftsmanship, high-end performance and exclusive service. VERTU’s luxury aesthetics are a constant in its DNA, while cutting-edge technology is a key driver of our progress. Visit vertu.com.

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This year’s Solve for Tomorrow theme is ‘1maginati0n that Creates our Sustainable Future’. Samsung is encouraging Hong Kong students to use STREAM knowledge and creativity to design technology solutions for sustainable development issues. They can compete for prizes worth more than HK$260,000.

IMG { cursor: pointer } HONG KONG SAR – Media OutReach – 21 September 2023 – The world’s leading technology company, Samsung Electronics H.K. Co. Ltd, officially launched the Solve for Tomorrow competition for 10 years. Over the past years, the competition has inspired tens of thousands of Hong Kong students to unleash their creativity for social causes they are passionate about. As sustainable development is one of the most discussed issues globally, this year’s theme for Solve for Tomorrow is “Imagination that Creates our Sustainable Future”. The competition aims to encourage Hong Kong students to have a longer-term vision and perspective, and collaborate with Samsung to contribute innovative ideas for sustainable development.

Samsung Solve for Tomorrow has been organizing for 10 years. The competition aims to inspire and motivate Hong Kong students to think deeply about the social issues affecting their community. It encourages them to develop creative technology solutions by applying their STREAM (Science, Technology, Research, Engineering, Arts, and Mathematics) knowledge. Samsung also added several new elements to help students have a fun and experiential learning experience throughout the competition.

“Samsung, as a market leader, is dedicated to inspiring the talented younger generation and using various technological innovations to help them create a better society. This is precisely why Samsung has been organizing Solve for Tomorrow competitions around the world,” said Yiyin Zhao, Managing Director at Samsung Electronics Hong Kong.

“Samsung’s concept of ‘Everyday Sustainability’ aims to incorporate sustainable development into product design and user experience, enabling billions of users to work together towards building a healthier and more livable planet. As part of our ‘Galaxy for the Planet’ project, we utilize recycled materials (such as plastic, aluminium, and glass) in all smartphone products. Additionally, we use eco-friendly packaging, ensure zero-power consumption when smartphone chargers are idle, and strive to achieve zero landfill waste by 2025. Samsung is committed to promoting sustainable development, and we hope to inspire others with this concept. That’s why we have chosen sustainable development as the theme for Solve for Tomorrow’s 10th-anniversary milestone. We look forward to seeing more young inventors create innovative solutions that contribute to promoting sustainable development in society,” said Zhao.

Encouraging students to integrate competitions into learning

The United Nations established 17 Sustainable Development Goals (SDGs) in 2015, covering a wide range of issues such as the environment, economic development, and social inclusion. Participating students can choose from these SDGs to create innovative technology solutions and works using STREAM knowledge and creativity, contributing to sustainable development in society.

To further strengthen the STREAM knowledge of participating students, the Solve for Tomorrow STREAM workshop has been well received among the academic community since it was first introduced to the programme three years ago. In addition to the existing collaboration, communication skills, and video production workshops, a design thinking workshop that was included in the kick-off event of the competition, we divided the robotic modular design and programming language workshops into elementary and advanced courses, aiming to significantly enhance students’ skills in these two areas.

As for the scoring system, this year’s preliminary round will include evaluation criteria such as design concepts and creativity, feasibility and technical concepts, presentation, as well as sustainability (considering whether their conceptual economic model is operationally sustainable and scalable) and business model (related to cost and economic benefits). To encourage participation in the Solve for Tomorrow competition, teams that participate in all activities (including the introduction session, design thinking workshop, and STREAM workshops) will receive an additional 5 bonus points, which will be included in the total score of the preliminary round.

The eight teams will be shortlisted in December 2023, with 4 teams from primary schools and 4 teams from secondary schools. During the Mentorship period, specific professional mentors will assist the teams in further improving their creative ideas and enhancing their presentation skills. All shortlisted teams will present and showcase their works to the judges on the Presentation Day (tentatively scheduled in February 2024), and will be evaluated by the judges along with public voting scores. The official announcement and award ceremony are expected to take place in March 2024.

Samsung aims to strengthen participating students’ STREAM knowledge and other essential 21st-century skills through the unique projects in the Solve for Tomorrow academic technology competition. The competition also provides an opportunity for students to exchange ideas with peers from other schools, achieving a true integration of competition into learning.

Turning creative ideas into real-life solutions for our sustainable future and winning attractive prizes

The annual Solve for Tomorrow 2023 competition is co-organized by Samsung and the Association of I.T. Leaders in Education (AiTLE) with the full support from A Plastic Ocean Foundation, Hong Kong Education City Limited and Coding101, the leading STREAM solution provider in Hong Kong. The competition opens in September 2023 and will run till March 2024. All primary and secondary students can participate in teams representing their respective schools. Teams are encouraged to combine their STREAM knowledge with creativity to design innovative solutions that can help solve the city’s social issues and help create a sustainable future.

There will be one championship winner, 1st runner-up, 2nd runner-up, 3rd runner-up, and six Merit Awards. The winners will be picked from a shortlist of 20 teams, with prizes worth more than HK$260,000.

To participate or learn more about Samsung Solve for Tomorrow 2023 “1maginati0n that Creates our Sustainable Future”, please visit
https://www.samsung.com/hk_en/offer/solvefortomorrow2023/.

Hashtag: #Samsung

The issuer is solely responsible for the content of this announcement.

About Samsung Solve for Tomorrow

Samsung Solve for Tomorrow is an annual competition that brings together the creativity and passion for new technologies of young people around the world, to solve social problems in local communities. In 2013, Samsung introduced this meaningful event to Hong Kong and inspired tens of thousands of students to come up with innovative solutions that address social issues in Hong Kong. Samsung is promoting the new educational philosophy of “STREAM4CARE”. Besides encouraging Hong Kong students to increase their knowledge of STREAM – Science, Technology, Research, Engineering, Arts and Mathematics – Samsung hopes that they can develop empathy and sense of responsibility and apply their STREAM knowledge to contribute to the society. Through the competition, Samsung hopes to cultivate thought leaders of tomorrow, equipping them with both technological knowledge and the sense of responsibility of a global citizen.

To learn more about Samsung Solve for Tomorrow, please visit:
https://www.samsung.com/hk_en/offer/solvefortomorrow2023/

About Samsung Electronics Co., Ltd.

Samsung inspires the world and shapes the future with transformative ideas and technologies. The company is redefining the worlds of TVs, smartphones, wearable devices, tablets, digital appliances, network systems, and memory, system LSI, foundry and LED solutions.

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Report Calls Attention to Local NGOs’ Need for Strategic Social Media Planning

Hashtag: #ACS

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About Asian Charity Services

Asian Charity Services (ACS) offers customized philanthropic services to enable foundations and corporates to engage and impact NGOs in a meaningful and innovative way. ACS provides training and support for capacity-building and helps bridge the gap between funders and non-profits. To learn more, visit https://www.asiancharityservices.org / or follow @asiancharityservices on Fb, IG, and LinkedIn.

About JC ENGAGE Digital Exploration Program

JC ENGAGE Digital Exploration Program is a digital exploration program for staff from non-profit organizations. We aim to equip NGOs with the knowledge of storytelling and digital campaigns taught by subject matter experts and coached by our skilled-based professionals. Through this journey, non-profit communication with stakeholders can be better, stronger, and deeper. To learn more, visit https://engage.asiancharityservices.org/

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This content was prepared by Media OutReach. The opinions expressed in this article are the author's own and do not reflect the view of Siam News Network.

The conference saw experts delve into the latest technologies and strategies driving the sustainable development of today’s urban areas and upcoming supercities.

Cathay will now be the master brand around the world, simplifying the way our customers interact with us

SINGAPORE – Media OutReach – 21 September 2023 – Cathay is excited to announce that its new premium travel lifestyle brand is officially rolling out to markets around the world, celebrating passion for travel as a way of living under the “Cathay” master brand and simplifying the way our customers interact with us.

Cathay represents much more than airline travel. It represents our evolution into a premium travel lifestyle brand consisting of a host of complementary categories – flights, holidays, shopping, dining, wellness and payment. Asia Miles is our currency to earn and burn under these pillars.

Around the world, Cathay will now be our master brand while Cathay Pacific remains the brand of our airline, and proudly so.

Chief Executive Officer Ronald Lam said: “This month of September marks 77 years since the Cathay story first began with a single Douglas DC-3 aircraft nicknamed ‘Betsy’ and a drive to connect the world and its people. As the habits and needs of our customers have changed over the years, so too have we. Our evolution into Cathay marks an exciting new chapter in our history, and reflects our renewed focus on the customer and our determination to fulfil our vision of becoming one of the world’s greatest service brands.”

Customers across the globe can look forward to an array of new and aspirational offerings in holidays, shopping, dining, wellness and payment, providing more opportunities for us to engage with our customers every day.

To celebrate the rollout of Cathay around the world and inspired by its purpose to move people forward in life, the brand has launched its first global campaign in three years – Feels Good To Move. This campaign is a celebration of humanity’s innate urge to move, starting from our very first heartbeat, and every piece of content is an irresistible call to get moving.

General Manager of Brand, Insights and Marketing Communications Edward Bell said: “This campaign goes straight to the heart of why Cathay exists as a premium travel lifestyle brand – a brand that aims to enable us to live the premium travel lifestyle, every day. Since our beginnings, Cathay has always been about forward progress. Restlessness is in our DNA. This campaign is a celebration of how good it feels to move.”

Hashtag: #CathayPacific

The issuer is solely responsible for the content of this announcement.

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The Debut “Connected Lighting” Zone features renowned brands

HONG KONG SAR – Media OutReach – 21 September 2023 –

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Fair websites
Hong Kong International Lighting Fair (Autumn Edition):
hktdc.com/hklightingfairae/en

Hong Kong International Outdoor and Tech Light Expo: hkotlexpo.hktdc.com/en

Buyer registration Link

Hong Kong, being the world’s premier trade fair capital in Asia, has once again become the go-to destination for business people from around the world. Following the full resumption of travel, global traders flocked to take part in the city’s trade activities. Organised by the Hong Kong Trade Development Council (HKTDC), the 8th Hong Kong International Outdoor and Tech Light Expo and the 25th Hong Kong International Lighting Fair (Autumn Edition) will be held on October 26-29, 2023 at AsiaWorld-Expo and October 27-30, 2023 at the Hong Kong Convention and Exhibition Centre respectively. The fairs gather more than 3,100 exhibitors, forming a world-renowned lighting marketplace and will be held in EXHIBITION+ hybrid model, complemented by the “Click2Match”, an online smart business matching platform that will operate on 19 October to 6 November, providing a convenient and efficient platform for traders to connect.

Hong Kong International Lighting Fair (Autumn Edition)

This year’s Autumn Lighting Fair will launch a new “Connected Lighting” zone, which demonstrates the possibilities of smart and IoT-enabled lighting solutions from renowned international companies and brands, including DALI Alliance, LEEDARSON, TRIDONIC, Midea, SUNRICHER, SNAPPY, Herculux, and more. The popular “Hall of Aurora” will return bringing excellent lighting products from the world’s top brands, such as Signify, Megaman, Prosperity Group, Traxon | e:cue, Beghelli, Moso, and more.

Other zones include:

• The “Residential Lighting” zone will display functional and decorative household lamps from all over the world to stage a lighting extravaganza;
• The “LED Lighting” zone will showcase the latest and hottest lighting designs in the market;
• The “Smart Lighting and Lighting Solutions” zone will showcase innovative lighting products and solutions;
• The “Commercial Lighting” zone will feature high-quality commercial lighting products that meet the needs of buyers from various industries and match the different lighting purposes of commercial properties.
• The “LED Essentials” zone will bring a comprehensive range of lighting accessories and parts to the fair.”

Hong Kong International Outdoor and Tech Light Expo

International Outdoor and Tech Light Expo gathers a series of commercial and industrial lighting fixtures, providing buyers with a one-stop sourcing platform. The “Innobuild” zone brings together exhibitors from the construction and hardware industry to exhibit construction technology, security, safety, and construction electronic systems, as well as construction materials and hardware.

In response to the upsurge of home smart lamps, smart lighting systems applied in public spaces have become a major industry trend. The “Exterior Lighting Solutions and Systems” zone will gather many latest smart lamps designed for smart cities this year, as well as various energy-efficient, high-performance lighting systems and technologies to meet the ardent needs of the market.

The “Horticultural Lighting” zone returns this year and brings more new products, including the latest plant lighting technology and plant growth lamps for estates and farms, as well as a series of lighting products suitable for outdoor parks and home gardens. As for the “Technical & Professional Lighting” zone, in addition to various lighting fixtures suitable for professional venues such as warehouses and production rooms, there will be a wide variety of lighting equipment used in large sports venues. The “Outdoor and Public Lighting” zone and the “Outdoor Advertising Lighting” zone will continue to display lamps for outdoor public spaces and outdoor advertising.

Program activities

A variety of activities such as seminars, lighting product launches, and networking events will be held during the fair period, allowing participants to grasp the latest technological information and innovative developments in the industry, and market trends, and chat with buyers from all over the world to expand their business network. In the seminars, industry leaders will discuss lighting technology applications and opportunities regarding smart and connected technology, healthy lighting, sustainable development of the lighting industry, green lighting design, etc.

Renowned speakers include but not limited to Mr. Jean-Marie Croué, Délégué Général from Syndicat du Luminaire GIL; Ir Prof. Lu Lin Vivien, Professor from The Hong Kong Polytechnic University; Mr. Eric Shiu and Mr. Frankie Tsang, Associate Directors from TinoKwan Lighting Consultants Ltd.; Representatives of Connectivity Standards Alliance Member Group China (CMGC); Representatives of Shanghai Pudong Intelligent Lighting Association.

What’s more, the fairs will also introduce the “Scan2Match” which enables offline-to-online connections. By using the HKTDC Marketplace App, buyers can scan the dedicated QR codes of exhibitors to bookmark their favourite exhibitors, browse product information, view e-floor plans, and chat with exhibitors even after the fair to continue the sourcing journey.


Hashtag: #HKTDC

The issuer is solely responsible for the content of this announcement.

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