Indonesia Market Poised for Big Growth in Streaming

For the first time in three years the Asia Video Industry Association (AVIA) returned to Jakarta to host Indonesia in View 2022, an event that welcomed some of the industry’s biggest players for a day of discussions dissecting the opportunities for growth in this expansive market.

Opening comments were made by Yuliandre Darwis, Commissioner with the Indonesian Broadcasting Commission (KPI) who talked about the development of the KPI over the last twenty years, and the hope for revisions to the broadcasting law which could see greater responsibilities given to them.

Highlights of the Indonesia in View Report, to be published by AVIA, were given by Bettina Cavenagh, President Director, Clarity Research Indonesia, outlining the state of Indonesia’s video markets in the post-pandemic economy. Pay television had plateaued and while DTH services were the biggest victims of increased broadband penetration, cable numbers were increasing meaning the overall pay TV market remained significant, even if ARPU’s were under pressure. But all eyes were now on the premium OTT market. Subscription Video on Demand (SVOD) has grown by more than 50% from 2020 to 2021, to 11.5M subscribers, while digital advertising grew by 33% over the same period. This set the scene for much debate throughout the conference on the relative merits of the subscription versus the advertising led business model for OTT.

In a conversation around growth and monetization, Hermawan Sutanto, COO of Vidio talked of the need to educate the market to pay for premium OTT services and Guntur Siboro, Country Head for Lionsgate Play further made the point that ad supported VOD (AVOD) was a different ballgame which required significant investment to monetise successfully. Whatever the business model, Avijit Duta, Deputy Country Manager for Viu, emphasized the need for the business to be sustainable and everyone was witnessing rising production costs as the production talent pool was still limited today.

In his keynote conversation, Sutanto Hartono, Managing Director of EMTEK and CEO of SCM and Vidio, discussed Vidio’s emphasis on local originals and live sports as differentiators in their quest to acquire customers and keep churn down. While sports rights were expensive and not owned in perpetuity, they played a crucial role in a growth strategy. Marlo Budiman, CEO & President Director, Link Net, later added that while the pay TV market had plateaued, its death knell had not quite sounded yet and also attributed this to the role of sports and original content keeping OTT churn low.

Clarissa Tanoesoedibjo, Managing Director of MNC’s Vision+, also talked about the importance of local original content and that Vision+ was increasing their investment in this sector for the service. She also pointed out that while Vision+ was primarily subscription led, the accompanying RCTI+ service was advertising led.

There was little doubt about the importance advertising played in the growth prospects for the market when Gavin Buxton, Managing Director, Asia for Magnite, Florencia Eka, Country Manager, Client Services, for The Trade Desk, and Lesley Simpson, Country Manager for WeTV and iflix Indonesia, got together. They agreed that OTT was the natural evolution of TV and provided unique opportunities for digital advertisers given the engagement with viewers. And while fragmentation of services was an issue, it was clear that there was more than enough scale in premium OTT as they looked forward to sustained growth in the sector.

Indonesia in View is generously sponsored by Gold Sponsors A+E Networks, Vidio and Vision+ and Silver Sponsors Akamai, Broadpeak, CDNetworks, Conviva, INVIDI, Irdeto, NAGRA, SES, TV5MONDE and YouTube.

About the Asia Video Industry Association

The Asia Video Industry Association (AVIA) is the trade association for the video industry and satellite ecosystem in Asia Pacific. It serves to make the video industry stronger and healthier through promoting the common interests of its members. The AVIA is the interlocutor for these industries with governments across the region, leads the fight against video piracy through its Coalition Against Piracy (CAP) and provides insight into the video industry through reports and conferences aimed to support a vibrant video industry.

For media enquiries and additional background, contact:
Charmaine Kwan
Head of Marketing and Communications
Email: charmaine@avia.org
Website: www.avia.org
LinkedIn: www.linkedin.com/company/asiavideoia
Twitter: @AsiaVideoIA






Topic: Press release summary

Taiwan Rides on Post-Pandemic Wave with Taiwan Food World GO Project, Boosting Market Growth in SEA Market

As the world progressively leaves the pandemic behind, Taiwan’s Ministry of Economic Affairs (MOEA) has joined hands with Taiwan’s Bureau of Foreign Trade and Taiwan External Trade Development Council (TAITRA) to ride the waves of the new era with the Taiwan Food World GO Project.
The inaugural event was held at the Hilton Singapore Orchard yesterday and was live-streamed simultaneously across three countries – Korea Republic, Vietnam and Malaysia.

The Taiwan Food World GO Project global event is an NT$200-million (US$6.67 million) project which incorporates a series of marketing activities, through the assistance in funding, international certifications and professional advice, to help Taiwan food manufacturers penetrate overseas markets.

With the Chinese market taking up the majority of Taiwan food product sales, Taiwan plans to diversify its markets further, eyeing increased market shares in Asian, North American, European and Oceanian markets to raise export volumes, with MOEA and TAITRA hoping that this project will help Taiwanese food manufacturers reach up to 50,000 overseas consumers.

The following companies showcased their popular products during the launch event:

Kuang Chuan
– Assam Milk Tea
– Earl Grey Milk Tea
– Cold Brew Fragrant Green Tea
– Cold Brew Black Tea

Bamboo House
– Four Treasures

Tai Yang Tang
– Tai Yang Biscuits

Shu Lin Biscuit
– Lins Handmade Cookies

Taiwan TTL
– Hua Diao Wine Chicken Noodles
– Lychee Fruit Beer

Du Hsiao Yue
– Pork Sauce

Zong Hong
– Black Fungus Drink

Oklao
– Taiwan Series Drip Coffee
– Musician Series Drip Coffee
– World Finest Drip Coffee Bundle

Sunny Hills Delights
– Pineapple Cake

MICO
– French Cookies

TaiSun
– Mixed Congee
– Oatmeal with Chestnut

Wei Zhe
– Pineapple Nougat with Biscuit

San Shu Gong
– Mango Jelly

Hurng Fur Foods
– Brown Sugar Soft Flour Cake

Ms. Cynthia Kiang, Director General, Bureau of Foreign Trade, MOEA, said, “Taiwanese food, especially our iconic pineapple cakes and bubble milk tea, has always been loved by foreigners. These signature food products are the national food icon of Taiwan, and a must-buy for tourists. With the residual pandemic restrictions still in place, the “Taiwan Food World GO Project” will provide an avenue for everyone around the world to have access to Taiwan’s food products, safely and healthily.”

Following the kick-off event, TAITRA will be running a food fair in local Prime Supermarket outlets and a four-day FHA – Food & Beverage event at Singapore Expo Hall, in September 2022, featuring a wide variety of innovative food products from 24 different Taiwanese food manufacturers.

Media Contact
PRecious Communications for TAITRA
Jacqualine Chan
Tel: +65 6303 0567
E-mail: taitra@preciouscomms.com

Taiwan External Trade Development Council
Taiwan Trade Center, Singapore
Anna Wu – Chief Representative Officer
Tel: +65 6235 0369
Email: singapore@taitra.org.tw






Topic: Press release summary

Continuum Market, CaNectar and Brad Turner Present #NFTStreetFair

Continuum Market, CaNectar and Brad Turner present #NFTStreetFair on May 28 to share our NFT economic explosions via vendor booths, two stages, digital innovation immersive experiences, IRL + Webinar livestream, and more than a metaverse. Meet the best in blockchain NFT economy at the City of Arts Costa Mesa in California, alongside investors and subject matter experts happy to share their knowledge.
Join us on Saturday, May 28, at 10:00 a.m. PST for the full day event. Friday night VIP cocktail party with gift bag, food and open bar deal flow networking access can be purchased at the link below. Throughout the event, we’ll discuss what a Non-Fungible economy really means to American consumers as you’re exposed to legendary educational material that is a gravitational gateway to the normal human starting to understand the Web3 space.

Download the NFT Street Fair App (https://apps.apple.com/us/app/canectar/id1605656726) today to begin networking with registered attendees, exhibitors, and investors. Upgrade your ticket for VIP experiences (bit.ly/39DhYWM), including our exclusive Title Sponsor Party Bus. Host 25 of your guests in the exclusive upstairs lounge and present your NFTs on three large monitors while you network with VIP NFT deal flow.

Multiple hands-on opportunities and perks await you as you’re ushered through this plethora of artist ownership possibilities in a familiar street fair setting. Our Main Stage offers formal education and speaking appearances from some of the biggest names in the industry. Our Community Stage offers all our brands bandwidth to share their vision of the Web3 Future. Immersive experiences, Pitch Competitions, and amazing speakers compete with the array of vendor booth presentations. Come hungry, we’ll offer Food Trucks and a few other edible surprises as we network, dance, and experience NFTs into the night.

Social Media giveaways and global audience broadcasting rewards can be won by following @NFTStreetFair, creating a content (pic/tweet/video), and tagging #NFTStreetFair @NFTStreetFair. We’ll be sharing more things you can do to win prizes, airdrops, swag, discounts, metaverse, and more!

Apply to participate as Speaker in a panel or presentation, become an investor judge or company raising capital at our Pitch competition, exhibit at our vendor booths, sales funnels, marketing partners, and volunteers. VIP Dealflow, Accredited Investors, and Webinar registration purchase information can be found at bit.ly/39DhYWM. For customer service, please email brad.turner@completionfund.com.

See you at the NFT Street Fair on Saturday, May 28! Non-Fungible Tokens are all 1 of 1 unique snowflakes, and we can prove it! #BlockchainIsMyChoice for #NFTStreetFair.






Topic: Press release summary

Fake Market Players Flourishing on Verge of Original Agarwal Packers and Movers

 “A big cyber scam of Fake Packers and Movers is flourishing through online platforms. On a daily basis, hundreds of customers’ complaints are lodged regarding loots and robbery of household possessions owing to negligence in the identification of Original Moving Brand on the popular search engines. Recently, a 40 years old interior designer, who moved from Delhi to Bangalore, became the victim of a Moving Scam,” said a police official.

As per the previous report & FIRs, Fake ads and websites are running on Google and are getting business in the name of a well-known moving company – Agarwal Packers and Movers Ltd., and are stealing the hard-earned goods of customers by claiming themselves as Original Agarwal Packers and Movers. They have previously also cheated several customers across the country.

According to the Interior designer Ms. Swati, last month, when she was planning to move to Bangalore, she Googled for contact details of Agarwal Packers and Movers and clicked on the first advertisement. She called the phone number mentioned over there and the person named Mr. Lalit took the call and after negotiations finalized the deal. Just before her departure day, the team of 4 people reached her premises with a truck. They packed and loaded goods in the trucks assuring that the goods will reach Bangalore within 4 days. After reaching Bangalore, she called on the same number and asked for the status of her goods delivery. She was asked for more money to get her goods back. She felt suspicious and made a written complaint on APML customer care ID with all the booking details. She got reverted on the same day that the details provided by her are not associated with them. When she called on the number mentioned on the email id, she was assisted by customer support that many fake players are operating in their name. Lastly, she lodged police complaints about the matters but all efforts were in vain. This is not a single case; hundreds of customers are duped by Fake packers and Movers daily.

On being asked, APML spokesperson said, “It is agonizing to hear the customer’s plea about losing their hard-earned goods daily. They are doing their best whatever they can do to clear this mess and for this; they are running awareness campaigns in the leading newspapers, electronic media, social media handles, and other online platforms to spread awareness among the general masses regarding the Original Agarwal Packers.” Also, they have a Beware of Fraudster page on their official website mentioning pre-alert guidelines and previous scams running on their brand name.

Agarwal Packers and Movers Ltd.

Santosh Jaiswal

+91 9300300300

www.agarwalpackers.com

ContactContact

Categories

  • Business
  • Logistics
  • Transportation

As the Job Market Soars, Executive Search Services Continue to be in Demand

 F-O-R-T-U-N-E Personnel Consultants (FPC) a nationwide network of over 60 franchised executive recruitment offices, announced the company’s recruiting services continued to be on high demand as the US job market soars. The company reported its YTD revenue increased by 46% over 2021, and March of 2022 was the highest grossing month since May 2001.

As the Great Resignation continues to impact the workforce, companies have increasingly looked to specialized executive recruiters to meet their hiring needs. Companies are overwhelmed with a multitude of challenges including recruiting, hiring, and retaining top talent. FPC franchisees and recruiters leveraged their experience, knowledge, and contacts to assist clients with these needs. These companies span industries such as Life Sciences, Industrial Manufacturing, Automotive, Chemicals, Technology and Transportation/Logistics.

Much of the success of the first quarter was attributed to FPC’s Exchange program, where recruiters collaborate both inside and outside of their specialties to fill critical, hard-to-fill job openings. By collaborating with colleagues in different industries and leveraging FPC’s up-to-date technology, the Exchange program was up 27% over the same period last year. In an effort to expand these professional relationships, FPC held its first in person annual conference since 2019, entitled, Better Together Again.

FPC continues to expand their national presence by opening new franchised search firms and hiring new recruiters in targeted locations across the country.

“The first quarter was truly remarkable for the FPC system. The momentum from last year has clearly continued and we are cautiously optimistic about the balance of 2022, despite geopolitical risks and rampant inflation. Over the past 20 years corporations have tried to figure out ways to recruit on their own but have clearly recognized the value of our services and aren’t hesitating to reach out to us,” said Jeff Herzog, President of FPC.

About FPC

FPC is a leading national executive search firm comprised of more than 60 franchised offices. FPC offers job seekers access to its nationwide network of professional executive recruiters and job opportunities in many industries and disciplines as well as providing job search information and assistance. The company has been providing win-win recruiting solutions since 1959. Advocates for both clients and candidates, FPC recruiters are committed to bringing together

the right individual with the right opportunity. FPC has been included in Forbes’ prestigious annual list of America’s Best Professional Recruiting Firms in 2018, 2019, 2020 and 2022. For more information about FPC please visit www.fpcnational.com.

FPC National

Anny Barrad

516-647-4554

www.fpcnational.com

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  • Business
  • Human Resources