Pertamina’s largest share of 2021 profit from upstream sector

The upstream sector accounted for the largest share of state-owned oil and gas firm PT Pertamina’s (Persero’s) net profit as Indonesian crude prices (ICP) soared in 2021.

Pertamina Hulu Energi Offshore Southeast Sumatra (PHE OSES) well in Seribu Islands waters off North Jakarta’s coast (ANTARA FOTO/M Risyal Hidayat/rwa)

“The overall profit earned is a combination of the six sub-holdings and their subsidiaries, but the largest contribution to the net profit comes from the upstream sector due to the windfall from the increase in ICP prices,” acting vice president of corporate communications at Pertamina, Heppy Wulansari, said in Jakarta on Tuesday.

Reporting its 2021 fiscal year performance to the government, which is a shareholder in the company, Pertamina said it scored a net profit of Rp29.3 trillion.

The majority of this profit was obtained from the upstream sector’s revenue, which increased sharply. Meanwhile, the downstream sector experienced losses due to the increase in crude oil prices and as Pertamina’s fuel prices remained below the market price.

This was an advantage for Pertamina, which has an integrated business from upstream to downstream, which allows cross-subsidies. Thus, it could maintain the balance between profits and public service bonds.

Wulansari said that Pertamina’s financial performance was positive, with almost doubled profit in the 2021 fiscal year.

This profit was consolidated profit from all Pertamina business lines from upstream, processing, and downstream.

As for the downstream sector, especially fuel and LPG marketing and distribution, at this time, the status is still at a loss due to the high cost of fuel production as the largest component is crude oil.

“However, Pertamina really appreciates the government’s full support through the payment of assignment fuel compensation and the addition of energy subsidies in the 2022 State Budget. This is very meaningful to maintain people’s purchasing power and encourage economic recovery,” Wulansari said.

Contact: Fajriyah Usman, VP Corporate Communications, PT Pertamina (Persero)
M: +62 858 8330 8686, Email: fajriyah.usman@pertamina.com, URL: https://www.pertamina.com
Written by: Azis Kurmala, Editor: Suharto (c) ANTARA 2022






Topic: Press release summary

Largest ever Contingent of 8500 players from across the country to participate in the 4th Khelo India Youth Games: Shri Anurag Thakur


Largest ever contingent of 8500 players from across the country would participate in the 4th Khelo India Youth Games. The Union Minister for Youth Affairs & Sports Shri Anurag Thakur said this during the launch of Logo, Anthem, Jersey and Mascot for the Khelo India Youth Games 2021 today in Indradhanush Auditorium, Panchkula. The minister said Haryana with just about 2% of the country’s population has given the country a major share of medals in most of the sports events. Haryana Chief Minister Shri Manohar Lal, Haryana Deputy Chief Minister Shri Dhushyant Chautala, Haryana Legislative Assembly speaker Shri Gyan Chand Gupta, Haryana Minister of Sports Shri Sandeep Singh, Former Minister of State for Jal Shakti, Government of India Shri Rattan Lal Kataria and Haryana Chief Secretary Shri Sanjeev Kaushal also graced the event.





Stressing for the preservation of traditional sports, Shri Thakur said that five traditional games namely Gatka, Kalaripayattu, Thang-Ta, Mallakhamba and Yogasana would be part of the upcoming Khelo India Youth Games 2021. He said that the Youth Games and the recently concluded University Games under Khelo India would definitely inspire youth to go for big targets in future. The Minister for Youth Affairs and Sports said that the Government of India is steadfast in its efforts for the athletes to excel.





Stating that the state is fully preparing for the event, Haryana Chief Minister Shri Manohar Lal thanked the Prime Minister Narendra Modi for giving opportunity to the state for hosting Khelo India Youth games 2021. The Chief Minister also said that the state is not just producing food grains for the country but also medals through their sportspersons. Sports are good for both physical and mental fitness, the Chief Minister added.





Haryana Deputy Chief Minister Shri Dhushyant Chautala, Haryana Minister of Sports Shri Sandeep Singh, Haryana Assembly Speaker Shri Gyan Chand Gupta and Former Minister of State for Jal Shakti, Shri Rattan Lal Kataria along other dignitaries were also present on the occasion. 





‘Jaya’ the black buck and ‘Vijay’ the tiger are the mascots for Khelo India Youth Games. The name of the Mascot for Haryana for Khelo India Youth Games-21 is ‘Dhakad’.  The 4th Khelo India Youth Games is going to be held from 4 June to 13 June in Haryana.


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The World’s largest film restoration project undertaken in alignment with Prime Minister’s vision to preserve and protect India’s rich cinematic heritage: Union I&B Minister


Ministry of Information & Broadcasting



The World’s largest film restoration project undertaken in alignment with Prime Minister’s vision to preserve and protect India’s rich cinematic heritage: Union I&B Minister





Rs. 363 Crore shall be utilized exclusively for restoration purpose: I&B Minister Anurag Singh Thakur

Union I&B Minister visits FTII, NFAI in Pune; explores ways to take FTII to international Standards




Posted On:
05 MAY 2022 6:12PM by PIB Mumbai


Mumbai/Pune, 5 May 2022




“It is Prime Minister’s Narendra Modi’s vision to prioritize preservation, protection & promotion of India’s rich cultural heritage, and films constitutes important part of this heritage” the Union Minister of Information & Broadcasting Shri. Anurag SinghThakur said during his visit to National Film Archive of India, Pune today.


The Union Minister highlighted that the National Film Heritage Mission launched in 2016 is aimed at preserving, restoring and digitizing our cinematic heritage. In this context, the Union Minister announced that a decision has been taken yesterday that, “Out of the total outlay of Rs. 597 crore earmarked for this Mission, Rs. 363 Crore shall be utilized exclusively for restoration purpose, making it one of the World’s largest film restoration projects”.



He remarked that films are part of our culture and that the seminal contribution made by film industry in the last 100 years has made India the biggest film industry in the world.


He informed that the process of restoring over 5900 short films, documentaries and features is underway and this exercise carried out by NFAI proves to be one of the world’s biggest restoration, conservation, preservation and digitization process undertaken.



He also informed that restoration process includes a large number of films including films include short films, features, documentary Films made in different Indian languages. He added that the Government has taken up this responsibility in a mission mode and efforts are made to bring in new technologies to restore and to archive this valuable cinematic heritage for generations to come.


Earlier in the day, the Minister held a meeting to review the functioning of Film and television Institute of India (FTII) and deliberated on the vision of taking FTII to international standards of excellence. The Union Minister commented that collaborations with film institutes of international repute would enhance the story telling capabilities of students. FTII should nurture entrepreneurial skills and equip students to launch startups in film and television productions, he added.



“FTII is a prestigious institute of India. During the review meeting an elaborate discussion was held on how to take FTII forward in TV & Film sector and also promote FTII in the field of Animation, Visual Effects, Gaming and Comics. Also, by honing the skills in our students they can be transformed from job-seekers to entrepreneurs,” he said to the media.


“Our institutions and students are central to achieving our vision in the Media & Entertainment sector,” said Union Minister during his one-day visit to Pune. “It’s time to re-position our lens and aim to make India- the content hub of the world,” the Minister said. The Minister held review meeting at Film & Television Institute of India (FTII), and National Film Archive of India (NFAI), today.



“I interacted with the FTII students and faculty to understand how we can work together to showcase the best of this institute and make it ready for new age cinematic excellence, partnerships and more,” the Minister added.


Union Minister Anurag Singh Thakur also released Hindi edition of Lensight, the academic journal of FTII. The Minister was given a tour of the Institute. 


While interacting with Heads of Departments, the Minister urged the faculty to keep upgrading themselves and bring partners from industry to FTII. He also emphasized on the larger outreach activities and partnerships with organizations to run courses in film and television production various parts of the country. Chairperson, FTII, Shekhar Kapur; I&B Secretary Apurva Chandra; Director FTII, Sandeep Shahare and other officials of the Institute were also present.





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Canada – Canada’s largest science-based regulator marks 25 years of protecting food, plants and animals

The Canadian Food Inspection Agency (CFIA) is celebrating 25 years of safeguarding Canada’s food supply—but the Agency is about much more than just food.

April 4, 2022 – Ottawa, Ontario

The Canadian Food Inspection Agency (CFIA) is celebrating 25 years of safeguarding Canada’s food supply—but the Agency is about much more than just food.

Safe food starts with healthy plants and animals. That’s why the CFIA also works to prevent the spread of invasive plants, plant pests and animal diseases. In fact, Canada is the only jurisdiction in the world bringing the whole food chain together under one roof.

The CFIA’s work touches all Canadians, whether it is a potato farmer who wants to sell products in Canada and abroad, seed producers who want to develop new ways to breed plants, a cattle rancher, a person transporting livestock in their truck, a consumer at the grocery store, a gardener at the garden centre, or a traveller coming into Canada.

The CFIA is powered by its people—including inspectors, veterinarians and scientists—who work tirelessly to make sure Canadians can trust that the food on their plates is safe, protect Canada’s plant and animal resource base from diseases and pests, facilitate trade and market access for Canadian-made products, and conduct innovative research.

Throughout the global COVID-19 pandemic, the CFIA has played a critical role in keeping international markets open to Canadian agricultural products. Through science, innovation and evidence-based decision-making, the Agency has a solid foundation to continue responding to challenges of the modern world, including a global food supply chain, climate change and emerging diseases.

Inspect. Protect. Connect. Everyone in Canada can join the CFIA in celebrating its 25th anniversary by learning more about the Agency’s role, diverse workforce, and the actions we can all take to help protect our precious food, plant and animal resources.

“This year, the CFIA celebrates 25 years of scientific, inspection and enforcement innovations, and both operational and regulatory excellence. Safeguarding food safety and plant and animal health as well as supporting market access is a mandate of critical importance to all of us here at the CFIA, and to Canadians. I am immensely proud and deeply honoured to work alongside so many passionate and committed CFIA employees who are dedicated to delivering on that promise each and every day.”

– Dr. Siddika Mithani, President of the CFIA

“I would like to recognize the thousands of CFIA staff who have achieved so many important milestones over the past quarter century to protect and safeguard our food supply. Thanks to their efforts, the food we eat in Canada is among the safest in the world. As we recover from the challenges of the COVID-19 pandemic and respond to ongoing economic, environmental and global changes, the CFIA will continue to be there for Canadians as a trusted science-based regulator.”

– The Honourable Jean-Yves Duclos, Minister of Health

The Canadian Food Inspection Agency (CFIA) touches the lives of all Canadians in so many positive ways. Each day, hard-working CFIA employees—including inspectors, veterinarians and scientists—inspect food for safety risks, protect plants from pests and invasive species, and respond to animal diseases that could threaten Canada’s national herd and human health. Guided by science-based decision-making and modern regulations, the Agency works tirelessly to ensure access to safe and healthy food in Canada, and support access to international markets for our high-quality agricultural products. To learn more, visit inspection.canada.ca.

HUGO BOSS gains one of the largest social media coverage in fashion week history with 4 billion impressions in 4 days

This event is our benchmark for what we will deliver as an experience to customers around the world as of today. It underlines the great potential and global brand strength of BOSS and pays into our target to turn customers into fans. I am more than excited to further enter this journey together with the team”, says Daniel Grieder, CEO of HUGO BOSS AG.

Following its new growth strategy of boosting brands and targeting younger customer groups, HUGO BOSS celebrated the launch of its second BOSS X Russell Athletic capsule collection with an action-packed phygital experience. The physical collection presentation in a baseball stadium in Milan only set the stage for the extensive activation on social media. The event was designed to be a “postable” moment at every twist and turn. With a global streaming across the BOSS channels, all customers were given a digital front row seat.

The cast and the audience were strategically selected based on their Instagram or TikTok profile and status: Among models like Gigi Hadid, Irina Shayk, Joan Smalls, Cindy Bruna, Alton Mason and Adut Akech the athletes Alica Schmidt, Trenten Merrill and Race Imboden, plus K-pop star Big Matthew and TikToker Khaby Lame (@khaby.lame), celebrated their runway debuts. Khaby Lame, who made an exclusive appearance to close the show, is one of the most successful TikTok creators with 113 million followers and BOSS is the first fashion brand ever to be posted on his channel. Social media stars like Chiara Ferragni, Fedez, Fai Khadra, Avan Jogia, and Benji Krol in addition shared their experiences of the day.

The phenomenal digital buzz created around the world exceeded everything the brand has ever seen before. This made the event, which took place last Thursday, the largest social-first event in the HUGO BOSS history.

The Social Media success of the event is visible across all areas, channels and KPIs:

  • A total of 3.9 billion impressions achieved in 4 days
  • Over 25 million engagements achieved across all social media channels within the first 4 days
  • Within the first few days, 2.2 billion views on Tiktok #BOSSMoves challenge where thousands of TikTokers created content to enter to win one of five exclusive NFT bomber jackets
  • Within one week, the hashtag challenge has achieved 3 billion views
  • 1.3 million challenge-related videos were created from the TikTok audience
  • #BOSSMoves trending on TikTok
  • Social engagement increased by nearly 1600% on BOSS Instagram account

The accompanying TikTok campaign features a hashtag challenge under #BOSSMoves where fans can win five unique BOSS x Russell Athletic NFT collegiate jackets as well as a redeemable twin of each design and a wearable filter. This campaign between BOSS and TikTok is the first of its kind in this form. With the NFTs BOSS is taking up the concept of the ’metaverse’ and using it specifically to connect with new target groups.

The dedicated Instagram campaign included special reel productions and engaging content for the channel’s community. Nine individual reels, IGTVs, numerous feeds and story posts were created in real time, which generated a high level of engagement and attention before, during and after the event. In total, 14 Creators involved presented their outfits in a unique and entertaining way via Instagram reels – including Khaby Lame, Alica Schmidt, The Elevator Boys, Futuristix and Olivia LVS and Eva Apio. All BOSS x Russell Athletic styles and products presented were also integrated into the respective reels via the shopping function, as well as other postings, to enable the audience to make purchases seamlessly at the point of discovery.

Besides the BOSS brand`s strong position on social media before the event already, the dedicated TikTok and Instagram campaigns are an important element in further boosting the brand and reaching out to new and younger customers.

[p”In August, we presented our new strategy together with our vision, to become the leading premium tech-driven fashion platform worldwide. Only six weeks later, we are proving that we are more than ready to take this place in the fashion industry in the future”, adds Daniel Grieder.[/p]

The month before last, the HUGO BOSS Management Board presented the new CLAIM 5 strategy to investors and the public, underlining the company’s huge potential to strengthen its business across all regions and channels worldwide. Though known as a suit brand, HUGO BOSS sees enormous potential to also claim new ground in the important casualwear segment for men and women, offering 24/7 lifestyle outfits to dress customers throughout the day for every occasion. In this regard, the BOSS x Russell Athletic collaboration presented in Milan is another big milestone for the company and in targeting younger audiences, like GenZ and the millennials.