by Ferry Bayu | Oct 9, 2023 | Business
Takids x QibuQibu G6 Pro AI Dictionary/Translation Pen
The G6 Pro makes learning languages faster and more convenient with the size of a pen.
With built-in functions, children or adults can learn from translating single line to paragraphs.
Deidre Global Consulting has been established since 2018 specialized in education consulting. Giving peace of mind to parents in making wise decisions for the children.
erson In Charge: Deidre Foo
Phone Number: +65 87578208
Email Address: op********@********************ng.com
by Ferry Bayu | Oct 9, 2023 | Business
Emergency Care: When and How To Use a Puppy Nursing Bottle
Singapore, October 9, 2023 – Puppies and kittens are not just adorable; they are also incredibly vulnerable and require specialized care. One of the most critical aspects of this care is feeding, especially when the mother is absent. Race&Herd introduces its Puppy Nursing Bottle as an essential tool for the survival and healthy development of these young animals.
Puppies and kittens are irresistibly cute but also extremely vulnerable, especially when orphaned or abandoned. In such cases, feeding becomes a significant concern, and that’s where a puppy nursing bottle comes into play. When the mother dog is not around or unable to nurse, these bottles serve as a lifeline for the young ones.The importance of proper feeding cannot be overstated. Malnutrition in the early stages of life can lead to long-term health issues, including weakened immune systems and developmental delays. That’s why Race&Herd has invested in creating a Puppy Nursing Bottle that is not just functional but also safe and easy to use.Race&Herd’s Puppy Nursing Bottle is designed to mimic the natural feeding experience as closely as possible. The bottle comes with a specially designed nipple that allows for controlled flow, ensuring that the puppies and kittens get the nutrients they need without the risk of aspiration. The bottle itself is made from non-toxic, BPA-free materials, making it the safest and most effective choice for your pets.But it’s not just about the bottle; it’s also about educating pet owners. Many people are unaware of the nuances involved in bottle-feeding young animals. Overfeeding or using the wrong type of formula can have adverse effects. That’s why the Race&Herd Puppy Nursing Bottle comes with a comprehensive guide that walks you through the process, from choosing the right formula to understanding feeding schedules. This ensures that pet owners are well-equipped to provide the best care possible.Additionally, the Race&Herd Puppy Nursing Bottle is versatile and can be used for a variety of small animals, not just puppies and kittens. Whether you’re caring for baby rabbits, squirrels, or even small farm animals, this bottle has you covered.In summary, the Race&Herd Puppy Nursing Bottle is more than just a feeding tool; it’s a complete care package designed to ensure the health and well-being of the most vulnerable members of the animal kingdom.About the Company:Race&Herd is more than just a pet supply and wellness brand; we are a community of animal lovers. We understand that pets are not just companions but family members. Our products are designed to deepen the bond between animals and humans, whether through play or care. We believe that caring for a pet can enhance human lives, offering a better quality of life and an enhanced sense of purpose, all while receiving unconditional love from the animals in their lives.
At Race&Herd, we understand that our pets are more than companions – they are family members. As such, we are dedicated to offering products designed to deepen the bond between animals and humans, whether that is through play or care.
We believe that caring for a pet, whether a horse, dog, cat or any other creatures, can help humans live happier, healthier, and more stress-free lives. Studies have shown that by caring for a pet, humans experience a better quality of life and an enhanced sense of purpose – all while receiving unconditional love from the animals in their lives.
Person In Charge: Deidre Foo
Phone Number: +65 87578208
Email Address: op********@********************ng.com
by Ferry Bayu | Oct 9, 2023 | Banking and Finance
Do you find it cumbersome to always have to carry cash? Have you missed out on a dream purchase because you didn’t have enough cash on hand? Or had to forgo an online plane ticket purchase for a family trip? With a credit card, these worries are a thing of the past, offering you convenience and peace of mind.
Credit cards open up a world of benefits, especially when used wisely. They are universally accepted, allowing you to travel, dine, and shop without the burden of cash. Plus, they often come with a range of rewards, discounts, and deals, making your experiences more enjoyable and cost-effective.
Despite the numerous benefits, some people are hesitant to apply for a credit card, often due to concerns about high interest rates. However, by using your card sensibly and paying on time, you can fully enjoy its advantages. It’s important to choose a card that suits your lifestyle, and with responsible use, it can significantly improve your life.
Having a credit card means that you can typically gain access to exclusive discounts or benefits, receive rewards, and earn points, which could be redeemed for travel, dining, or cash equivalent for daily purchases. Credit cards also offer substantial cashback rewards for purchases made at supermarkets, gas stations, pharmacies, and with other merchants, including airlines and partner restaurants that have special discounts and seasonal promos you can enjoy with your loved ones.
A credit card is an extension of your spending capacity. It enhances your purchasing power, especially in securing products and services – from your everyday needs, such as gas, groceries, coffee, and medicines, to high ticket items, such as treating your family to a staycation or vacation, finally getting that gadget you have wanted for so long, front row concert tickets to your favorite band, upgrading your home appliances, or buying your loved one a jewelry for that important milestone.
Depending on your choice and lifestyle, credit cards offer entertainment treats, privileges, seasonal dining promos, free travel insurance coverage, cashback on overseas shopping, and the ability to buy now and pay later, to name a few. There are various incentives, too, including travel benefits, hotel and restaurant discounts, and travel perks (such as the privilege of relaxing in posh airline lounges) to make your trips stylish, more exciting, and twice the fun!
Online shopping? Credit cards assure you of a more protected and seamless e-commerce purchase with features like encryption, multifactor authentication, and fraud monitoring.
A credit card from BDO, one of the leading banks in the Philippines, for instance, offers year-round deals and exclusive dining deals for up to 50% off. It also provides ‘Buy Now, Pay Later’ options, a feature that allows you to make a purchase and pay for it in installments over a period of time, often without interest. This, along with 0% interest on big-ticket purchases, lets you earn Peso Rewards and more.
There is no better time than now to own at least one BDO Credit Card! When you apply for a BDO Credit Card, you can get up to a P25,000 cashback credit when you meet the minimum spending requirement. The promo runs until October 31, 2023. Qualified cards are Mastercard, Visa, JCB, UnionPay, Diners Club, and BDO-issued American Express. Terms and conditions apply.
by Ferry Bayu | Oct 9, 2023 | Business
Successful Business Surviving the Pandemic, Turns Out This is the Key!
Hayokerja.com’s participation at the Indonesia SME Summit and Expo 2023 offers creative solutions that help many companies to increase efficiency in terms of workforce fulfillment.
Founded in 2019, hayokerja.com started its journey as a
simple start-up with a team consisting of only three people. By bringing the
innovative idea of combining a job portal with head hunter consultation,
initially this company was quickly accepted as an additional creative solution
in dealing with employment fulfillment problems. However, like most other
companies, when the pandemic occurred, instead of increasing the number of
employees, many client companies actually wanted to reduce the number as a measure
to survive this situation.
This challenge was then faced by hayokerja.com by adapting
and changing its business model which gave birth to a new idea, namely an
application platform-based partnership system, plus integrated social community
system management. In this way, hayokerja.com clients can flexibly increase or
decrease the number of workers needed according to the situation.
Alexander Ivan Tirta, CEO of hayokerja.com said, “This
concept turned out to be effective in providing assistance to companies
affected by the pandemic, especially logistics and warehousing companies which
require a flexible number of workers, when they are busy they ask for a lot of
human resources, and when they are quiet they asked to reduce the number of
human resources”
The HayoKerja booth at the Indonesia SME Summit and Expo
(ISSE) 29-31 August 2023 was widely visited, where CEO Alexander Ivan appeared
as one of the speakers.
After almost 5 years of existence and believing in the
success of its concept, the company took a big step forward. Appearing at the
ISSE 2023 offline event, hayokerja.com introduced itself to the public for the
first time.
“We have learned a lot, done a lot of trials and found
solutions for workforce efficiency that really help our clients’ businesses,
especially in difficult times. Initially we limited the number of clients that
could be served, because we realized that this concept was still new and needed
proof by “Now, after almost 5 years of testing, we are now ready to open
the doors to help new clients,” said Ivan.
Throughout its journey since it was founded in 2019,
hayokerja.com has been recorded as having helped more than 10,000 worker
partners to get jobs and helped 20 companies survive the pandemic with this
concept, from micro to multinational scale.
HayoKerja is a labor supplier with a partnership or daily freelance concept through an application platform and integrated social community management.
by Ferry Bayu | Oct 8, 2023 | Business
Asia groups rally against IMF, World Bank, G7; calls for reparations, stop to fossil fuel financing
Climate groups from Bangladesh, Indonesia, Pakistan, Sri Lanka, Nepal and the Philippines held simultaneous mass actions across Asia to urge the World Bank and International Monetary Fund to cancel debts of Global South countries and stop financing fossil fuel projects. The rallies were timed with the 2023 annual meeting of the two financing institutions happening now in Marrakech, Morocco.
Members of the Asian Peoples’ Movement on Debt and Development (APMDD) took to the streets last October 12, scoring the World Bank (WB), the International Monetary Fund (IMF) and G7 governments for worsening economic conditions in Global South countries and for further exacerbating the climate crisis. In the Philippines, Indonesia, Bangladesh, Pakistan, Sri Lanka and Nepal, they rallied around a common call: “cancel the debt and pay reparations for historical climate and economic injustices.”
Timed with the 2023 annual meeting of the IMF and World Bank, the rallyists joined hundreds of other organizations worldwide marking the Global Week of Action for Debt, Climate and Economic Justice. A statement endorsed by close to 500 organizations and individuals from 74 countries across all global regions denounced the IMF-WB, that “together with other private and public lenders, perpetuate a flawed international financial architecture that exacerbates debt, climate, and economic crises, violating the basic needs and rights of millions of people and nature who have the least contribution, responsibility or control over these catastrophes.”
In the Philippines, hundreds of demonstrators marched to Mendiola, gateway to the presidential palace, with the call “Cancel the debt and pay reparations for historical and continuing injustices!” Ousted dictator Ferdinand Marcos Sr. remains known for his repressive rule as well as for crony capitalism, massive ill-gotten wealth hidden in tax havens and billions of dollars in public debt that served no benefit for the Filipino people. Current President Marcos Jr. shows no sign of moving to repeal the dictator’s Automatic Appropriations decree, which remains in place and continues to ensure that debt repayments are made over any other public need.
Protesters also slammed the Philippine government’s continued expansion and support for debt-funded fossil fuel projects that they decried as ‘illegitimate’ for contributing to the climate crisis, dislocating communities and violating human rights.
“Global South governments should stop paying these illegitimate debts!” said Lidy Nacpil, APMDD Coordinator. “At the same time, lenders such as the IMF, the World Bank and G7 governments should stop pushing more loans as climate finance, and swiftly start the process of debt cancellation, adoption of wealth taxes for spending on urgent economic and climate action, and the rechanneling of public funds away from fossil fuel subsidies towards renewable energy systems.”
Rovik Obanil, Freedom from Debt Coalition Secretary General, recalled how the IMF and World Bank offered solutions in the form of “structural adjustment loans”, that came with such conditions as privatizing basic services and opening the Philippine economy to foreign investors. “These conditionalities were put in place decades ago but the consequences continue to violate our basic rights. Privatization reduces people’s access to water and electricity by catering only to those with the capacity to pay. Tax incentives rob us of potential revenue for urgent public needs. But loans continue to be pushed, including pushing loans for climate finance upon Global South peoples who least contributed to the climate crisis.”
SANLAKAS President Manjette Lopez noted growing discontent over skyrocketing prices of food staples and other goods and services. “From one administration to the next, the Filipino people are promised higher incomes, decent homes, adequate food, only to have these promises broken by elite and corporate-captured administrations, including the Marcos Jr. presidency. It’s time to cut the ties that bind us to international financial institutions such as the IMF-WB and their debt-creating solutions, but that can only happen with working people and communities at the forefront of bigger and bolder fights for jobs, living wages, a decent life and a sustainable future.”
Ian Rivera, National Coordinator of the Philippine Movement for Climate Justice said: “The IMF, World Bank and the G7 are again pushing their standard response to crisis in the Global South — more loans. Even climate finance, which is their obligation to deliver for contributing the most to the climate crisis, is in the form of more loans. This is clearly unjust. We demand grants-based climate finance and the cancellation of loans incurred from fossil fuel projects.”
For Oriang President Flora Santos, the IMF-World Bank’s gender mainstreaming strategy must be exposed for exploiting women’s unpaid care work to make up for the lack of public social services. “These international financial institutions brag about promoting women’s empowerment. The truth is that the IMF’s austerity loan conditions, such as budget cuts in public services, reductions in the public sector wage bill and regressive taxes, lead to reduced access to essential services, loss of livelihoods and increased unpaid work for women.”
APMDD (Asian People’s Movement on Debt and Development ) is a regional alliance of people’s movements, community organizations, coalitions, NGOs and networks
Annalyn JusayZ
+639190049558
me********@***il.com
by Ferry Bayu | Oct 6, 2023 | Business
GCash launches prepaid debit card in partnership with Visa
GCash has launched a prepaid debit card in partnership with Visa to help its users with cashless payments.
In a statement, GCash said fully verified users of their app can get the card by go to ”View all”, then find the “Manage” section. Users can then click on “Cards” and tap “Order a GCash Card”.
With the GCash Card, customers can make cashless payments in groceries, restaurants, retail stores, transportation, and make online payments.
The partnership with Visa also means the card can be used in over 200 countries and territories, at over 100 million merchants that accept Visa as payment.
Users who have availed of the GCash Card will also have access to GInsure, where they can get free insurance of up to P20,000 coverage for unauthorized transactions for the first 30 days after activation.
This also includes the P185 price for card replacement in the event of accidental loss or damage to the card, as well as the shipping fee of up to P225.
G-Exchange president and CEO Ren-Ren Reyes said the card will be helpful for Filipinos with informal sources of incomes like freelancers and independent professionals as well as micro and small enterprises.
“GCash is giving every Filipino, whoever or wherever they are, the benefits of owning a card, especially those with no bank accounts or documents typically required to apply for a card,” he said.
by Ferry Bayu | Oct 6, 2023 | Business
Tobu Railway Introduces Its Newest “Spacia X” Express Train, Boasting a 40% Reduction in CO2 Emissions Compared to the Previous Spacia Fleet.
Tobu Railway’s new “Spacia X” express trains, launched on July 5, 2023, on the Tobu Nikko Line, are not only stylish and comfortable with various seating options but also highly eco-friendly. They reduce CO2 emissions by 40% compared to the previous Spacia fleet, primarily using renewable energy sources for their traction current.
The Spacia X is a train with a strong emphasis on design, incorporating windows that draw inspiration from the intricate geometric patterns found in Edo period fretwork carvings. Its color scheme is derived from the elegant “noble white,” reminiscent of the whitewash used on Nikko’s renowned Toshogu Shrine.
Beyond standard seating, passengers have options like compartments, sofas, and lounge-style seats. The most luxurious choice among them is the ‘cockpit suite,’ a roomy and opulent ‘mobile suite’ with an expansive front window vista, evoking the ambiance of a private jet.
The “GOEN” café in Car 1 offers a selection of Nikko beer, Nikko blend coffee, locally brewed saké, desserts crafted from Nikko saké kasu or lees, and snacks sourced from the Nikko region. Furthermore, the café supports the local community by donating a portion of its craft coffee sales to the training of Nikko tour guides from the area.
“The Nikko All Area Pass from Tobu Railway, available for 1 to 4 days, covers round-trip travel between Tokyo’s Tobu Asakusa Station and Nikko, along with transportation within Nikko and access to various attractions and experiences in the Nikko area. However, when using the SPACIA X in conjunction with the Nikko Pass, travelers will need to buy an extra express ticket in addition to the standard pass. This requirement applies to all Tobu Limited Express trains. Details regarding Spacia X fares can be found here:
https://www.tobu.co.jp/spaciax/en/ticket/index.html#sale_ticket
Represents Tobu Railway in Malaysia to promote the tourism area that Tobu Railway covers and to share news information with travel-related partners.
Tobu Railway’s massive network extends through Tokyo as well as
four surrounding prefectures: Chiba, Saitama, Tochigi, and Gunma. With 463.3 kilometers of operating track, Tobu is Kanto’s largest private railway and is used by commuters, students, business travelers, and tourists.
Desmond Haw
+6010-236 2611
de*****@*********on.com
by Ferry Bayu | Oct 6, 2023 | Business
e27 CEO, Serial Tech Entrepreneur, Ex-Kantar PH CEO, EU Business Builder, And Innovation Council Member Join Embiggen’s Advisory Board
Multi-awarded corporate venturing and innovation firm Embiggen Group formed its first advisory board, which counts global business executives and innovation leaders among its members, as part of its ongoing international expansion in Southeast Asia and Europe.
The five advisory board members are former Kantar Philippines CEO Gary de Ocampo, current e27 CEO Mohan Belani, serial tech entrepreneur and behavioral strategist Cliff Eala, Philippines National Innovation Council member Monchito Ibrahim, and global corporate business-building expert Frank Mattes.
“We, here at Embiggen, are honored to have been joined by Gary, Mohan, Cliff, Monchito, and Frank as part of our advisory board. They will play a crucial role in working with our leadership and management team to help us grow in the Philippines, Asia, and the EU,” said Embiggen Founding CEO Rolan Marco Garcia.
As Embiggen continues to expand its operations in the Southeast Asian region, the five members of the newly formed advisory board will strengthen Embiggen’s presence and reputation in the region’s business community.
Embiggen’s advisory board will also play a crucial role in guiding the firm’s leadership team in making strategic decisions to ensure client satisfaction and the overall success of the business’s initiatives.
“Their decades of combined experience in innovation, leadership, and business building will definitely prove to be an invaluable addition to our team as we continue to work with the region’s most innovative and successful businesses in the coming months and years,” added Garcia.
The advisory board will also have hands-on roles in the Embiggen Group’s client engagements and venture building activities – uniquely giving our clients the opportunity to connect with and work directly with internationally-renowned senior corporate innovation experts.
Gary de Ocampo: Former Kantar PH CEO And Market Insights Expert
Gary de Ocampo is a market research expert and consumer insight consultant who was the immediate past president and CEO of Kantar Philippines, the biggest market research firm in the country. He was also the president of Taylor Nelson Sofres Philippines, another premier market research firm that later became part of the Kantar Group.
These two positions represent over 15 years of experience in market research, consumer insights, and business leadership.
He is currently also a member of multiple advisory boards including the advisory boards of online donation startup Giving Hero and the prestigious Our Lady of Fatima University.
Mohan Belani: e27 Co-Founder And CEO, And Early-Stage Venture Investor
Mohan Belani is the co-founder and CEO of e27, a Singapore-based startup and tech ecosystem platform that supports Southeast Asian entrepreneurs to grow their businesses. He is also the co-founder of e27 Ventures, the venture capital arm of e27.
Belani is also an investor in over 30 early-stage funds across Southeast Asia, India, USA, and New Zealand, and a Partner at the Orvel Early Stage Fund.
Alongside his investor and startup ecosystem enabler roles, Belani is also a mentor for the National University of Singapore Engineering Alumni Mentorship Programme and the Founder Institute.
Monchito Ibrahim: National Innovation Council Executive Member
Monchito Ibrahim is an expert in digital transformation and innovation. Ibrahim served as the Undersecretary for Industry and Countryside Development at the Philippines Department of Information and Communications Technology.
Ibrahim is currently a member of the Philippines National Innovation Council together with Embiggen Founding Partner & Board Member Earl Valencia. Ibrahim and Valencia are the two members who represent the business community in the council that reports directly to the President of the Philippines.
Alongside Ibrahim’s membership in the National Innovation Council and Embiggen’s advisory board, he is also the Lead Convenor of the digital economy advocacy group Alliance of Tech Innovators for the Nation, Vice President for External Affairs for the UP System Information Technology Foundation, and the Vice President and member of the Board of Trustees of the Analytics Association of the Philippines.
Cliff Eala: Behavioral Strategist And Serial Tech Entrepreneur
Cliff Eala is a seasoned behavioral strategist and serial tech entrepreneur with deep experience in numerous industries and markets.
Eala founded BS Works, a firm that helps organizations grow through behavioral science, data, and technology. He also founded Synerbyte Limited, an energy efficiency tech firm that offers solutions including intelligent lighting and smart voltage control systems to commercial and industrial customers across Asia. Eala also founded Sequel Solutions, Inc., a software company that was acquired by a VC fund in 2007.
Currently, he is the board director of CIS Bayad Center, the largest multi-channel payment platform in the Philippines, and PETNET, an urgent cash transaction center owned by the Philippine Stock Exchange-listed Aboitiz Equity Ventures.
Frank Mattes: Global Corporate Venture Building Expert
Frank Mattes is one of the forefront corporate business-building experts worldwide.
Mattes is the Founder and CEO of Lean Scaleup, a Germany-based corporate business-building firm that has helped corporate intrapreneurs assess, accelerate, and scale their corporate startups. Lean Scaleup has built new businesses together with over 35 corporations worldwide including Airbus, Bosch, Philips, Volvo, and Unilever.
Mattes is also an Associate Partner at Dual Innovation, another corporate business-building firm that helps corporations optimize their current core business while simultaneously building new businesses. Dual Innovation has worked with the world’s largest corporations including Samsung, TUV Rhineland, and Deutsche Telekom.
Embiggen is a multi-awarded corporate venture building and innovation group that builds, scales, and invests in new digital ventures with forward-thinking and entrepreneurial organizations. By leveraging corporates’ expertise, insights, and resources, it provides end-to-end solutions that take your teams from learning to executing innovation at startup speed.
It has innovated with dozens of organizations in the Southeast Asian region, including Telstra, Embassy of Finland in Manila, Business Finland, Ginebra San Miguel, European Chamber of Commerce of the Philipines, Australia-New Zealand Chamber of Commerce Philippines, Aboitiz Equity Ventures, Energy Development Corporation, Quorum Group of Companies, FAST Group, Department of Foreign Affairs, and the Department of Science and Technology.
The group’s innovation learning arm Embiggen Innovation Institute has trained over 1,000 innovators and 100 startup founders to date through its various innovation capability building and certification programs including through its partnerships with the prestigious Asian Institute of Management and the Global Innovation Management Institute – the worldwide standard certification body for innovation management.
In 2023, Embiggen received seven awards from numerous prestigious award bodies. Embiggen and its Founding CEO & Managing Partner Rolan Marco Garcia received 4 Circle of Excellence awards from the Asia CEO Awards. In the same year, the Embiggen Group won a Silver Stevie Award under the Most Innovative Startup of the Year – Business Service Industries category at the Asia-Pacific Stevie Awards. Garcia also won Best Corporate Venturing CEO (Philippines) at the APAC-Insider CEO of the Year Awards and Best Philippine Corporate Venture Builder at the APAC-Insider Southeast Asia Business Awards.
Jacob Reyes
+639176369887
he***@***********up.com
by Ferry Bayu | Oct 5, 2023 | Business
The APAC Telcos Update Q2 2023 is an in-depth update on the top 42 telcos in Asia Pacific in Q2 2023. This report will assess key financial metrics, including net revenues, EBITDA, CAPEX investments and latest ARPU trends.
APAC telcos add a collective USD 5.9 billion in incremental revenue in Q2 2023 from Q2 2022
Exhibit 1: Overall performance of APAC telcos in Q2 2023
Source: Telco financials, Twimbit analysis
Driven by continued growth and a collective increase in revenue, telecommunications revenue in Asia Pacific (APAC) has surpassed USD 150 billion in Q2 2023. However, Q2 2023 currently exhibits the lowest growth rate compared to the previous five quarters, at 4.1 percent YoY (year-on-year), indicating a slowdown in revenue growth for APAC telcos (refer to Exhibit 1).
36 of the 42 telcos experience positive YoY revenue growth in Q2 2023
Six of the 42 telcos in the Asia Pacific achieved double-digit revenue growth (refer to Exhibit 2) in Q2 2023, with Robi Axiata leading at a 20.6 percent YoY growth rate, totalling ~USD 237.2 million (BDT 25.4 billion). This growth by Robi Axiata was fuelled by the increase in its data revenue by ~30 percent YoY.
And despite the prevailing high competition intensity, the top three Indian telcos achieved a 10% YoY revenue growth rate in Q2 2023. Meanwhile, XL Axiata and Indosat Ooredoo Hutchison (IOH) in Indonesia reported significant revenue growth in Q2 2023, which is expected to continue consistently throughout 2023.
Exhibit 2: Revenue trends (% change) for APAC telcos (YoY basis), Q2 2023
Source: Telco financials, Twimbit analysis
APAC telcos record a new EBITDA margin at 34.7% in Q2 2023
Telcos across the Asia Pacific achieved the highest average EBITDA margin (34.7 percent) compared to the previous 5 quarters, with 32 of the 42 telcos reporting positive changes in EBITDA (refer to Exhibit 3).
Indosat Ooredoo Hutchison (IOH) recorded the highest EBITDA increase by 26.2 percent YoY, reaching ~USD 677.9 million (IDR 6.1 trillion). This increase was driven by cost optimization efforts and the festive Lebaran season, which had a positive impact on the telco’s revenue and EBITDA growth.
In contrast, Sri Lanka Telecom’s EBITDA declined by 32 percent YoY to ~USD 22.3 million (LKR 6.9 billion) in Q2 2023 due to a 15.1 percent increase in group operating expenditure (OPEX).
“Overall, the trends that the telecom industry have achieved in Q2 2023 signify a more focused commitment towards improving cost efficiency and reducing OPEX,” – Aryaman Seth (Research Analyst, Twimbit)
Exhibit 3: EBITDA and EBITDA margin trends for APAC telcos (YoY basis), Q2 2023
Source: Telco financials, Twimbit analysis
Twimbit clients can read more in “APAC Telcos Update Q2 2023”.
Twimbit is a research and advisory firm driven by a singular mission: to empower businesses making a difference. We specialize in providing invaluable industry intelligence to executives and teams, acting as a catalyst for innovation and growth. Twimbit’s proprietary research platform seeks to revolutionize the way enterprises consume insights, making it effortlessly enjoyable and accessible to all.
More information on twimbit is available online at www.twimbit.com. Follow news and updates from Twimbit on Twitter and LinkedIn. Members of the media can find additional information in the Twimbit newsroom.
Vansh Sehgal
va***@*****it.com
by Ferry Bayu | Oct 5, 2023 | Business
WAVHub, a leading innovator in audio technology, is thrilled to announce the release of WAVAmp, an industrial-grade in-store audio amplifier designed to transform the audio landscape for businesses that operate around the clock. Pioneering superior audio quality and endurance, WAVAmp is set to revolutionize in-store audio marketing and background music (BGM).
WAVAmp is the brainchild of our dedicated CEO CTO, who envisioned an amplifier to meet the specific needs of retail stores, and businesses operating 24/7. “We designed WAVAmp with an unwavering commitment to audio excellence, ensuring that every sound produced is of the highest quality,” remarked Carlos Hinolan, CEO of WAVHub. “It’s an amplifier tailored to provide an unparalleled auditory experience, setting a new benchmark in in-store audio.”
Key Features of WAVAmp
- Uncompromised Audio Quality: WAVAmp’s advanced engineering guarantees a premium audio experience, maintaining exceptional sound quality at all times.
- Robust Performance for Non-Stop Operation: Crafted for relentless operation, WAVAmp is built to endure the demands of businesses that operate 24/7, ensuring consistent audio output without interruption.
- Seamless Integration with Distributed Speaker Setups: WAVAmp effortlessly integrates with distributed speaker setups, providing consistent audio across all speakers, and making it suitable for various in-store applications.
- Versatility in In-Store Environments: WAVAmp caters to diverse retail environments, including retail stores, restaurants, salons, drugstores, hypermarkets, convenience stores, and more, enhancing the customer experience and ambiance.
Carlos Hinolan CEO and CTO of WAVHub, added, “In the development of WAVAmp, we meticulously fine-tuned every aspect to create an amplifier that aligns with our dedication to technological excellence. WAVAmp is not just a piece of equipment; it’s a promise of unmatched audio quality for businesses of all sizes and industries.”
WAVAmp’s launch represents WAVHub’s continued commitment to delivering innovative audio solutions that empower businesses to create immersive in-store experiences.
For more information about WAVAmp and WAVHub, please visit www.wavhub.global.
WAVHub is the top platform in Southeast Asia for businesses to reach their customers through audio, video, and scent technology. We are proud partners of multiple leading brands, providing content that captivates audiences across malls, drugstores, supermarkets, bus terminals, and more.
Our multi-platform delivery system ensures your message can be accessed on any device at any time with our commitment to delivering engaging experiences setting us apart from competitors. With over 60 million monthly traffic we offer a dynamic advertising venue that connects commuters and shoppers directly when it matters most – during purchase decisions.
Media Contact:
Maegan Therese Hinolan
pr***@*av.global
You must be logged in to post a comment.