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World Risk Poll Indicates Southeast Asians Feel More Prepared Than Most to Face Disaster

Natural Disaster Caused In Excess Of LAK 1 Trillion
Arial view of Attapeu province partially submerged due to Dam collapse in 2018. ( Photo : Allan Liu, Hope Vision )

BY Najma Sambul/ABC News – Southeast Asia is one of the most disaster-prone areas in the world, but a new study shows people living there feel more prepared than most in the face of disaster.

Roughly two-thirds of people surveyed from the region believe they could protect themselves and their families from a future disaster like a tsunami or earthquake, the World Risk Poll found.

The global study of people’s perceptions and experiences of risk and safety was conducted in 2023 by global analytics firm Gallup and commissioned by the global safety charity Lloyd’s Register Foundation.

It surveyed 1,000 respondents above the age of 15 across 142 countries.

In response to survey questions, people from South-East Asia scored highly in preparedness, household planning and feelings of agency when it came to disasters.

People in North America, which is significantly less disaster-prone, had similar results to South-East Asia for rates of household disaster plans (60 percent) and individual feelings of agency (67 percent), according to the research.

“Broadly speaking, the wealthier the country, the higher it scores on the World Risk Poll Resilience Index,” said Gallup research consultant Benedict Vigers, who worked on the survey.

But Southeast Asia bucked the trend, he said.

The World Risk Poll Resilience Index measured resilience in four categories: individual, household, community and societal.

“South-East Asia shows the world that resilience and preparedness can grow even outside high-income countries,” Vigers said.

“The three countries that rank highest for household planning are all in Southeast Asia — Philippines, Vietnam, Cambodia — and are all lower-middle income countries.”

Indonesia and the Philippines are home to many active volcanoes and are part of the so-called Pacific ring of fire, making them highly vulnerable to earthquakes and tsunamis as well as annual tropical storms.

Isabelle Baguisi, from Plan Philippine’s flood resilience project, said people in her country felt they needed to be positive because of the recurrence of monsoons and typhoons.

“Culturally Filipinos have a positive outlook but having positive outlook doesn’t always translate to positive coping mechanisms,” she said.

Research from the World Risk Poll showed 74 percent of adults in Southeast Asia said they had received at least one early warning before a disaster, including from social media and local government — placing them above the global average of 70 percent.

However, director of the resilience studies program at Northeastern University in the United States, Daniel Aldrich, said while some people may feel they are prepared for natural disasters it did not always translate in an objective sense.

“Preparedness is not the necessarily what you think you have […] there’s a big difference between imagined preparedness, reported preparedness and actual preparedness,” Aldrich said.

He pointed to objective measures like early warning systems, technology, strong infrastructure, and financial support being accessible to people in Southeast Asia to bolster disaster preparedness.

Baguisi agreed and said like others she was currently in the process of developing a flood preparedness plan in her household but poor early warning systems in the country were still a barrier.

“During Tyhoon Gaemi one of my colleagues couldn’t leave her apartment because of flooding […] it did come as a surprise and she didn’t get any kind of warning or advice that her area would be flooded,” she said.

“In our discussions with community partners like local government it’s clear there needs to be a way to contextualize and synthesize different sources of information people receive from social media, news, and local government, during a disaster or before,” she said.

The World Risk Poll acknowledged financial resilience has slipped in the region compared to 2021, when 30 percent of respondent said they could meet their basic household needs for less than a month if they lost all income.

This rose to 35 percent in 2023.

“Many people in parts of Southeast Asia lack the financial capacity to have a cell phone, or in a nation as a whole have that level of meteorological warning,” Professor Aldrich said.

Nevertheless, he said that after deadly, catastrophic disasters like the 2004 Boxing Day Tsunami that devastated coastal areas of the region, some countries in Southeast Asia learned from their mistakes.

“India did install an early warning system after the 2004 tsunami and it’s possible parts of Indonesia have that as well,” he said.

Laos Launches New Job Search Website to Address Labor Market Challenges

This image is used only for representational purpose (Photo: Search Engine Journal)

On 14 August, Laos unveiled a new job search website, developed by the Ministry of Labor and Social Welfare (MOLSW) with support from the ILO-China Partnership Program. The initiative, first launched in 2023, is part of the “Project to Strengthen Skills Development in Cambodia, Laos, and Myanmar through South-South and Tripartite Cooperation,” and aims to tackle ongoing labor market issues.

Laos has faced economic and societal challenges due to a low minimum wage, which has not kept pace with inflation or the depreciating kip. Despite recent wage adjustments, many businesses struggle to meet wage demands, leading to labor shortages and a trend of workers seeking opportunities abroad.

To address these challenges, MOLSW, in collaboration with an enterprise partner, launched the website to improve labor market efficiency. The site, managed by the Department of Employment, provides comprehensive information on job regulations, services, legislation, and freelance opportunities, making it a valuable resource for job seekers.

The new website launch follows a job festival held in Vientiane on 22 March, where 1,800 positions across 56 companies were advertised, highlighting the country’s struggle with workforce retention. The new website is designed to enhance job accessibility, providing tools and resources for users in both central and local areas.

By improving job placement and offering access to opportunities domestically and internationally—particularly in countries like Thailand, South Korea, and Japan—the website is expected to boost employment rates and support economic growth.

Etiqa Insurance Singapore is HDB’s Appointed Fire Insurance Provider to HDB Flat Owners

Insurer to provide basic fire insurance coverage starting 16 August 2024


SINGAPORE – Media OutReach Newswire – 16 August 2024 – Etiqa Insurance Singapore, a leading life and general insurer in Singapore, has been appointed as the official fire insurer for the Housing and Development Board’s (HDB) Fire Insurance Scheme. This significant appointment marks a pivotal moment in Etiqa’s commitment to safeguarding owners against financial losses arising from fire incidents in their HDB flat and ensuring their peace of mind.

Affordable Protection

The HDB Fire Insurance Scheme plays a vital role in safeguarding HDB flat owners against the devastating effects of fire incidents. Etiqa’s appointment underscores its dedication to serving the community by providing accessible and reliable fire insurance solutions. With Etiqa at the helm, flat owners can be assured that their homes are protected by a trusted and reputable insurer.

Starting from 16 August 2024, Etiqa will provide basic fire insurance coverage for all sold HDB flats. The insurance premium for a 5-year term, which ranges from $1.11 to $6.68 depending on flat type, ensures that fire insurance is affordable and accessible to HDB flat owners. Existing HDB flat owners with a valid fire insurance policy that expires after 15 August 2024 will not be affected by the change in the appointed fire insurer.

“At Etiqa Insurance Singapore, we understand the importance of home security, especially in the face of unforeseen events like fires,” said Raymond Ong, CEO at Etiqa Insurance Singapore. “As the appointed insurer for the HDB Fire Insurance Scheme, we are committed to delivering affordable and comprehensive fire insurance coverage and ensuring Singaporean homeowners have the peace of mind they deserve. This means financial protection for one’s home in case of fire damage to internal structures and fixtures provided by HDB.”

Extending Home Protection Beyond HDB Fire Insurance

The HDB Fire Insurance Scheme helps to alleviate the financial burden of repair works for flat owners due to fires. The HDB fire insurance will cover the cost of reinstating damaged internal structures, fixtures and fittings provided by HDB and its approved developers, as well as cover the cost of repair works due to fires in adjoining properties and water damage from burst pipes.

For more comprehensive coverage, homeowners can consider additional home content insurance plans separately, because such policies can cover potential losses not included under the HDB Fire Insurance Scheme, such as flat contents, personal possessions, or renovations made to the HDB flats. Acquiring these additional policies can provide homeowners with greater peace of mind, knowing that they are well-protected against a broader range of potential incidents.

For more information about the HDB Fire Insurance Scheme and Etiqa’s range of insurance products, please visit http://www.etiqa.com.sg/fire-insurance.

Insurance premiums by flat types*

Flat Types Premium for 5-year Term
(Includes 9% GST)
Sum Insured

(Effective 16 August 2024)

1-Room/Community Care Apartment $1.11 $37,900
2-Room/2-Room Flexi/ Studio Apartment $1.99 $57,000
3-Room $3.27 $83,300
4-Room/S1 $4.59 $117,000
5-Room/ S2/ 3Gen $5.43 $144,800
Executive/Multi-Generation $6.68 $176,700

*Terms apply. Protected up to specified limits by SDIC.

Hashtag: #etiqa #etiqainsurancesingapore #insurance #fireinsurance

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

About Etiqa Insurance Pte. Ltd. (Etiqa Insurance Singapore)

Etiqa Insurance Pte. Ltd. (EIPL) is a life and general insurance company licensed and regulated by the Monetary Authority of Singapore and governed by the Insurance Act 1966. Having protected customers in Singapore since 1961 under the name United General Insurance Co. Sdn. Bhd., the company transitioned into the Singapore branch of Etiqa Insurance Berhad in 2009. Today, EIPL in Singapore stands as the pivotal operating entity of Etiqa Insurance Group, a leading insurance and takaful provider in ASEAN.

EIPL offers a comprehensive range of life and general insurance products accessible through its diverse distribution channels, including bancassurance, agents, brokers, financial advisers, partnerships, direct and online sales via Tiq by Etiqa. Etiqa is rated ‘A’ by credit rating agency Fitch for the group’s ‘Favourable’ business profile. EIPL is owned by Maybank Ageas Holdings Berhad, a joint venture combining local market expertise with international insurance knowledge, with 69% ownership by Maybank, the fourth largest banking group in Southeast Asia, and 31% by Ageas, an international insurance group operating across 13 countries.

Coda and Farlight Games Launch AFK Journey and Dragon Crystal Top-Ups in Indonesia and Thailand


BANGKOK, THAILAND & JAKARTA, INDONESIA – Media OutReach Newswire – 16 August 2024 – Coda Payments (“Coda”), a leading expert in commerce solutions for gaming and digital content publishers, and Farlight Games, the creator of the popular battle royale game Farlight 84, have once again teamed up for the launch of AFK Journey with Codapay on August 8.

Coda ENG

Farlight Games Store to be powered by Codapay

Codapay is Coda’s battle-tested, seamless API integration that allows publishers to accept over 300 payments worldwide on their own website. This partnership will see the integration of Codapay on the Farlight Games Store in Indonesia and Thailand from 8 August, with the Philippines, Malaysia and Singapore to follow in September 2024. This means that gamers will be able to use their favourite local payment methods for purchases of AFK Journey’s Dragon Crystal top-ups and offers like the Esperia Monthly Classic and Premium Gazettes. As part of the launch, gamers will get a 5% bonus Dragon Crystals on all purchases made on the Farlight Games Store.

Building on the success of last year’s Farlight 84 launch on Codashop, featuring collaborations with the most popular payment channels in Brazil and the Philippines, Coda and Farlight Games continue their shared goal of bringing gamers more choice and better value with the integration of Codapay on the Farlight Games Store.

“Farlight Games has been an invaluable partner to Coda. The integration of Codapay on the Farlight Games Store comes at a most exciting time – the launch of the much-anticipated AFK Journey – and we’re thrilled to be a part of this milestone. We look forward to bringing gamers seamless, secure and convenient pay through Codapay as they explore Esperia.”, said Steven Zhou, Managing Director, Global Partnerships – Greater APAC at Coda.

AFK Journey players can conveniently top up their Dragon Crystals on the Farlight Games Store using a variety of trusted payment channels powered by Codapay, including but not limited to:

  • Indonesia: GoPay, OVO, DANA, Indomaret, Alfamart
  • Thailand:,True Money Wallet, 7-Eleven
  • Philippines: GCash, Maya, 7-Eleven
  • Singapore: GrabPay, Singtel
  • Malaysia: Touch ‘n Go, U Mobile, MAE, CelcomDigi

By integrating Codapay into the Farlight Games Store, Coda and Farlight Games are empowering gamers with more choices and safer transactions for their AFK Journey purchases. This partnership underscores both companies’ commitment to delivering exceptional gaming experiences.

For more information, please contact press@codapayments.com

Hashtag: #Coda

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

About Coda

Founded in 2011, Coda brings over a decade of expertise in delivering monetization solutions that drive revenue growth for our partners. Coda is trusted by over 300 publishers – including industry giants Activision Blizzard, Bigo, Electronic Arts, Riot Games, and Zynga – to grow revenue, profit margins, and customer engagement by connecting them to 10M+ paying customers around the world. Coda offers channel, platform and payment solutions including , our 100% customizable web store, which offers direct payments integration on publishers’ websites, and , the preferred destination for in-game content purchases for millions of gamers worldwide. Headquartered in Singapore and backed by Smash Capital, Insight Partners, GIC, Apis Partners, and GMO Global Payment Fund, Coda has been nameda Technology Pioneer by the and the Best Payment Solutions Provider for the Gaming Industry (Global) by .

Kronos Research Reaffirms Commitment to Integrity and Transparency Following Lawsuit Settlement


TAIPEI, TAIWAN – Media OutReach Newswire – 16 August 2024 – Kronos Research, a global leader in quantitative trading, issues this official statement to reaffirm our commitment to integrity and transparency in our operations.

Lawsuit Settlement

The case involved former employees who allegedly sought revenge on the company through computer fraud. They claimed their motivation stemmed from dissatisfaction with the bonuses they received despite being among the highest bonus recipients within the company. Taiwan’s judicial system has delivered its verdict: both former employees were found guilty and have received appropriate punishment.

Following the conclusion of the judicial process, both former employees jointly issued an apology statement[1][2], acknowledging their wrongdoings and affirming that the company acted appropriately according to its standard policies and procedures. They stated, “I confess and sincerely apologize to the company for my misunderstanding of the bonus distribution mechanism, which led to financial and reputational losses for Kronos Research.”

Hank Huang, CEO of Kronos Research, emphasised the importance of trust and reputation in the crypto and finance industries: “Maintaining our competitive edge is vital to Kronos. As a leading trading firm, we take pride in delivering exceptional services to our partners, fostering innovation, and nurturing talent to drive industry progress. We uphold rigorous policies to maintain integrity and our commitment to excellence.”

“This event underscores our steadfast dedication to ethical practices and transparency,” Huang continued. “While Kronos advocates for a fair, transparent, and rewarding environment for our employees, we have zero tolerance for breaches of trust or actions that jeopardize our integrity and reputation.”

Kronos remains resolute in upholding our core values and will implement all necessary measures to safeguard these standards, ensuring the trust and confidence of our stakeholders.

Lastly, we extend our sincere gratitude to our stakeholders for their continued support and understanding. With the conclusion of this case, we look forward to moving ahead with renewed focus and dedication to excellence.

For more information on this incident and the apology letters, please visit:

[1] Apology Statement [Link 1]
[2] Taiwan’s Yahoo News [Link2]
Hashtag: #kronosresearch #integrity #kronospressrelease #cryptomarketmaking #assetmanagement #venturesinvestment





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

About Kronos Research

Kronos Research is a technology and data-driven trading firm transforming the digital asset landscape by cultivating a dynamic financial ecosystem with exceptional trading performance, advanced cryptocurrency investment strategies, and extensive liquidity provision capabilities.

Our advanced machine-learning techniques and state-of-the-art trading infrastructure form the backbone of our quantitative trading operations. These enable us to deliver precise data and insights, bolster risk management, develop effective trading strategies, and empower informed investment decisions.

By leveraging our expertise, we strive to foster strong partnerships and deliver significant value through continuous advancement and innovation.

Digital Entertainment Leadership Forum 2024 Kick Off Tomorrow

50 Experiential Activities and 60 Heavy-weight Guests Explore AI-Powered Entertainment Innovation


HONG KONG SAR – Media OutReach Newswire – 15 August 2024 – The annual flagship event of Cyberport, the Digital Entertainment Leadership Forum (DELF) 2024, will be held from August 16 to 18 for three consecutive days at Cyberport. DELF 2024 is themed “Imaginary Fairground: AI-Powered Entertainment in the Web 3.0 Era“, featuring four major themes: “Smart Lifestyle“, “Robotics“, “Sports & Gaming” and “Culture & Arts“. It will showcase nearly 50 experiential activities, including industry forums, experiential zones, workshops, and competitions, allowing the public to immerse themselves in an innovative AI-powered summer carnival, making it a must-visit event during the summer holidays.

On the first day of DELF 2024 (16 August), an opening ceremony will be held. DELF 2024 is honoured to have Mr Paul CHAN Mo-po, GBM, GBS, MH, JP, Financial Secretary of Hong Kong Special Administrative Region, Ms Lillian CHEONG Man-lei, JP, Under Secretary for Innovation, Technology and Industry Bureau of Hong Kong Special Administrative Region, and Mr Simon CHAN Sai-ming, BBS, JP, Chairman of Hong Kong Cyberport Management Company Limited, as the officiating guests to kick off the event. The first day will also feature over 20 sessions of keynote speeches and panel discussions presented by over 60 experts from the digital entertainment industry, including Microsoft, Cisco, Alibaba, Baidu, Foxconn, Xiaohongshu, Dell, NVIDIA, BytePlus, Meta, teamLab, 9GAG & Memeland, ESRI, and FATface Production, a member of OneCool Group. The topics will cover smart entertainment, generative AI, high-performance computing (HPC), the night economy, sports entertainment, and micro-entertainment. Additionally, the offline audition event of the metaverse project Meet48 will also be held.

On the second and third days (17 August and 18 August), the main stage will also feature a variety of interactive and personalised entertainment and smart living experiences, including AI-powered workshops on topics such as robotics programming, flight simulation, game development, and audio mixing, as well as spectacular performances and competitions such as the AI Everywhere Robotics Esports Invitational 2024 (GBA), Elderly eSport Tournament & Experience Day, the From Player to Page English Writing Competition, Hong Kong Game Development – Competition, the award presentation ceremony of NEXX AI for Entertainment and more.

For detailed information about the Digital Entertainment Leadership Forum 2024 and the complete lineup of speakers, please visit: http://delf.cyberport.hk/.

Hashtag: #DELF

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

About Cyberport

Cyberport is Hong Kong’s digital technology flagship and incubator for entrepreneurship with over 2,000 members including over 900 onsite and over 1,100 offsite start-ups and technology companies. It is managed by Hong Kong Cyberport Management Company Limited, wholly owned by the Hong Kong Special Administrative Region Government, and committed to the vision to inject new impetus into digital economy and smart city development through innovation and technology, and to connect enterprises to Mainland China and overseas markets. Cyberport strives to nurture a vibrant tech ecosystem by cultivating talents, promoting entrepreneurship among the youth, supporting start-ups, fostering technology industry development by promoting strategic collaboration with local, Mainland Chinese and international partners, and integrating new and traditional economies by accelerating digital transformation in public and private sectors.

For detailed information:

Charging Up Confidence: Aftersales Service Is Key To EV Trust

Amidst a slowdown in the electric vehicle (EV) market, automakers like VinFast are doubling down on after-sales services to instill confidence and win over hesitant consumers.


HANOI, VIETNAM – Media OutReach Newswire 15 August 2024 – The EV market is facing challenges, and sales are slowing. Multiple reports and analyses have attempted to offer an explanation for this, but one thing is clear: To win over customers, automakers need to do more to persuade and assure potential EV buyers to make the leap.

Caption

Alongside pricing, OEMs need to prioritize aftersales support and warranties. While lower purchase costs could no doubt contribute to EV adoption, the aftersales experience and the promise of long-term value can also make or break a customer’s commitment to the EV lifestyle.

New Era, Timeless Lessons

Long before the rise of electric vehicles (EVs), warranties were an integral part of car ownership. Historically, brands known for excellent aftersales support have outperformed competitors. Even today, a 2023 YouGov survey shows that 75% of global consumers consider the warranty important when buying a vehicle. It’s easy to understand why, as comprehensive warranties protect owners from unforeseen repair costs, which is even more crucial in the emerging EV market where consumer confidence is still developing.

Newcomers to the market are heeding this history lesson. VinFast, a Vietnamese EV manufacturer, for example, has entered North America with warranties for its VF 8 SUV that meet or even exceed normal market practice.

“The 10-year warranty made choosing the car an easy decision, and it provides additional peace of mind,” said Dien Do, a retiree who is enjoying his VF 8 so far, both with the driving and the after-sales support.

Now, a warranty for an EV also needs to cover the battery, the heart of the vehicle and its most expensive component. Most OEMs offer 7-8 year warranties, a period when the battery typically has only 70% charge left. Some brands have gone even further, like VinFast with its 10-year battery warranty, to demonstrate their confidence in the longevity of their product.

The Changing Face of EV Aftersales Services

Beyond comprehensive warranties, exceptional after-sales service cultivates trust, loyalty, and customer satisfaction – driving organic growth through positive word-of-mouth.

Traditionally, good after-sales support meant quick roadside assistance or convenient at-home repairs. Sometimes, it was as simple as promptly answering customer calls to address their concerns. This seemingly small act has earned VinFast accolades from its customers.

“VinFast’s 24/7 support from Vietnam is fantastic. If, for any reason, they miss your call, they always call back,” said Benoit Naud, a VF 8 owner in Quebec. “I’ve never experienced this level of service from any other brand.”

But the EV revolution has brought new dimensions to aftersales support, with software updates taking center stage. OEMs that maintain regular updates for these “computers on wheels” can address early hiccups and provide ongoing value by introducing new features, as seen with VF 8’s recent addition of Sony’s RIDEVU entertainment streaming. This kind of commitment to continuous improvement is likely to sway future EV purchasing decisions.

Another critical aspect of aftersales support in the EV era is the availability and reliability of charging infrastructure. Range anxiety remains a key concern for potential EV buyers, and brands offering a robust charging network can gain a competitive edge.

Companies are trying to increase the availability of charging infrastructure through various means. For example, in its more familiar home market of Vietnam, VinFast has built a vast network of over 150,000 charging ports. Whereas in North America, it has decided to forge strategic partnerships to provide access to over 90,000 charging stations across the continent, making it faster for its customers to find a charging station.

The Future of EV Aftersales and Warranty

The future of aftersales and warranty services in the EV industry brims with potential. Advancements like remote diagnostics and predictive maintenance are set to transform how EVs are serviced. Imagine your car detecting potential issues before they escalate, automatically scheduling maintenance appointments, and saving you time, money, and stress.

Beyond this, we can anticipate innovations like personalized service recommendations based on your driving style and EV needs. Virtual reality could offer immersive learning experiences about your vehicle and maintenance.

Yet, amidst these changes, one truth remains: Brands must demonstrate genuine care for their customers’ satisfaction. This can be as simple as maintaining contact long after the sale, as demonstrated by one happy VF 8 owner.

“I’m loving the [VF 8] and the entire car buying experience,” exclaimed Jason Cheung, a public employee in California. “My VinFast salesperson was fantastic and still checks in on me to this day.”

Hashtag: #VinFast #EV

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

BUMA Secures IDR12 Billion Mining Services Contract from PT Persada Kapuas Prima

JAKARTA, INDONESIA – Media OutReach Newswire – 15 August 2024 – PT Delta Dunia Makmur Tbk. (“Delta Dunia Group”, IDX: DOID) announced that its subsidiary, PT Bukit Makmur Mandiri Utama (“BUMA”), has signed a Mining Services Agreement with PT Persada Kapuas Prima (“PKP“) on August 12, 2024. PKP is a subsidiary of PT Singaraja Putra Tbk (“SINI“), which owns a coal mining concession in Kapuas Regency, Central Kalimantan Province. Under this agreement, BUMA will perform mining service works which include overburden removal and coal mining.

The mining services agreement work will span throughout the Life of Mine, with the initial phase planned for a period of 9 years starting from the fourth quarter of 2024. The initial phase of this mining service work is targeted to produce over 359,330,000 bcm of overburden removal and 60,600,000 tons of coal with contract value more than IDR12 billion or equivalent to more than USD755 million.

Indra Kanoena, BUMA President Director, stated, “We are delighted to announce this new contract with PKP, which further strengthens the industry’s recognition of BUMA’s reputation and expertise in the Indonesian mining sector. The trust placed in us by leading mine owners not only demonstrates BUMA and the Group’s commitment to fostering strong, sustainable relationships but also underscores our dedication to prioritizing the success of our clients.”

This new agreement is a testament to the trust in BUMA’s expertise in providing comprehensive mining services with an end-to-end approach, including overburden removal, mine planning, mining operations, transportation, and mine rehabilitation. With over 25 years of experience, BUMA has excelled in managing complex and challenging mining operations, including those on small islands, solving high-level technical issues such as managing seawater seepage, handling mud, anticipating and managing geotechnical potentials and tidal waves, and even relocating river streams to minimize environmental impacts and achieve optimal operational efficiency. This operational excellence is further supported by the company’s commitment to implementing innovative technology in the mining sector and driving continuous improvement projects.

“At BUMA, we continue to strengthen the foundation for sustainable growth by exploring strategic opportunities and enhancing mutually beneficial relationships to grow together with our partners. With a proactive business development strategy, we focus not only on acquiring and extending contracts but also on creating a stable and sustainable revenue stream. This is part of our efforts to continually improve the quality of our services while managing operational risks,” Indra concluded.

Hashtag: #BUMA

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

PT Delta Dunia Makmur Tbk (Delta Dunia Group)

Established in 1990, PT Delta Dunia Makmur Tbk (Delta Dunia Group) is a prominent holding company operating in Indonesia, Australia, and USA. Our principal subsidiary, PT Bukit Makmur Utama (BUMA), is a leading provider of mining services to some of the largest miners in Indonesia, Australia (through BUMA Australia Pty Ltd), and USA through PT Bukit Makmur Internasional (BUMA Internasional).

In 2023, Delta Dunia Group expanded its portfolio with the addition of two new subsidiaries: PT Bukit Teknologi Digital (BTech), offering comprehensive mining technology solutions that empower companies within the mining industry, and PT BISA Ruang Nuswantara (BIRU), a social entity dedicated to education, vocational schools, and fostering a circular economy. In July 2024, the Group established PT Katalis Investama Mandiri to support its long-term strategy in ESG.

Listed on the Indonesia Stock Exchange (IDX Code: DOID), Delta Dunia Group is headquartered in Jakarta, Indonesia, and is supported by a workforce of over 16,000 employees across Indonesia, Australia, and USA. In June 2024, Delta Dunia Group was recognized among the Top 200 in the inaugural FORTUNE Southeast Asia 500 rankings, a prestigious list that identifies the region’s largest companies by revenue.

PT Bukit Makmur Mandiri Utama (BUMA)

BUMA was established in 1998, is the second largest coal mining services contractor in Indonesia by production volume, providing mining services to some of the largest coal producers in Indonesia. BUMA is a subsidiary of PT Delta Dunia Makmur Tbk (DOID) which is listed on the Indonesia Stock Exchange board (IDX Code: DOID). BUMA is headquartered in Jakarta, Indonesia.