Procap Insurance innovative business model is the first of its kind in the insurance industry

LONDON, April 29, 2023 (GLOBE NEWSWIRE) — ProCap Insurance is taking the insurance industry by storm. The ProCap Insurance Manila office will officially open in the month of May. Prior to this, ProCap Insurance had signed partnership agreements with partners in various different countries. Subsequently, ProCap Insurance will set up official agency offices in these respective countries.

All the regional partners strongly agreed that ProCap has a great business model and an experienced management team that is uniquely positioned to capitalise on the evolving insurance environment. As the industry transits through consolidation and technological disruptions, ProCap’s avant-garde operating model is well-positioned to provide the most competitive and cost-effective products. The amalgamation of ProCap, Policyholders, and Gaming Operators seamlessly is an industry first. The company has tremendous growth potential to be an industry leader with this revolutionary business model.

They further emphasised that both the insurance and gaming industry have 4 critical success factor in common. There are 1. Longevity 2. Sustainability 3. Law of large numbers 4. Recession Proof

  1. Longevity – Both industries have been in existence for more than three hundred years. They have subsequently adopted and evolved with times and embraced technology to keep them competitive and stay relevant. In fact, both industries are leaders in the adoption of cutting edge technologies to enhance the competitive advantages and maintain their relevancy in a fast moving world.
  2. Sustainability – Despite two world wars and numerous pandemic, they are still around to serve their clients faithfully without disruption.
  3. Law of large numbers – Both industries thrive on large numbers or big data. By having large numbers, they are able to better manage risks pooling and risks sharing more efficiently and effectively. This ensures that the interests of the policy holders are well covered and protected.
  4. Recession Proof – Contrary to popular belief, the recent pandemic had no negative impact on their revenues. In fact, both industries have registered double digits growth.

The partners are confident that ProCap Insurance has tremendous growth potential to be an industry leader with this revolutionary business model.

About ProCap Insurance

ProCap Insurance is a leading provider of capital insurance which insures the underlying fixed and current capital assets of enterprises and/or individuals. The company also offers consulting and pay-out analysis services for capital asset insurance to empower individuals and/or businesses to achieve better financial planning and financial freedom.

www.procap.insure

Media Relationships Manager

Steve Hughes

Steve.hughes@procap.insure

GlobeNewswire Distribution ID 8828626

High anemia cases affect stunting figures in Yogyakarta: Official

Yogyakarta (ANTARA) – The high number of anemia cases among teenage girls in Yogyakarta may affect the number of stunting cases among children in the province, Yogyakarta Health Office’s Public Health Head Endang Pamungkasiwi noted here on Sunday.Based on the Health Ministry’s Basic Health Research (Riskesdas), the prevalence of anemia among teenage girls in Yogyakarta is experiencing an upward trend from 37.1 percent in 2013 to 48.9 percent in 2018. Within that percentage, the demographics that suffer from anemia the most are those in the age groups of 1524 years and 2534 years. ccording to Pamungkasiwi, theYogyakarta Health Office pays special attention to anemia cases in order to prevent stunting in children. Action to prevent this includes examining the hemoglobin (Hb) level of teenage girls as future mothers. “In addition, we also give blood supplement tablets to teenagers,” she said. The birth of children at risk of stunting involves a long cycle, and it is triggered when future mothers are still teenagers or not yet married. Thus, the Yogyakarta Health Office handles stunting using a life cycle approach. Because stunting involves a long cycle, the office’s intervention began with teenagers, she explained. ccording to the Yogyakarta Health Office, the prevalence of stunting cases in the province in 2019 reached 21.04 percent, then 17.3 percent in 2021, before decreasing to 16.4 percent in 2022. Pamungkasiwi believes that various health and education approaches will be able to reduce the stunting figure in Yogyakarta to 14 percent by 2024, in accordance with the target within Presidential Regulation No. 72 of 2021. To achieve this target, all villages in Yogyakarta have a stunting reduction acceleration team (TPPS) whose job involves carrying out health and non-health interventions. Health interventions include the provision of additional food, tablets, or multivitamins, as well as other health services. Meanwhile, non-health interventions include healthy lifestyle education efforts and stunting data provision. “All villages have it (TPPS), but their mobilization speed certainly differs in each village,” she said. baca-jugaRelated news: Local gov’t should ensure ultrasound device availability: MinisterRelated news: Yogyakarta’s villages have stunting eradication team: Health OfficeRelated news: Ministry stresses importance of updating extreme poverty data

Source: Antara News Agency (ANA)

Let’s work together for better Indonesia: VP Amin

I ask governors, regents, and mayors to continue collaborating to carry out the best public services. Jakarta (ANTARA) – Vice President Ma’ruf Amin on Saturday called on all stakeholders to work together in realizing a more advanced and prosperous Indonesia.”Let’s work together to develop our regions and create a better Indonesia,” he remarked during the Commemoration of XXVII Regional Autonomy Day 2023 through a video conference. Furthermore, the vice president asked all local governments to maintain their synergy to provide best services for the community. “I ask governors, regents, and mayors to continue collaborating to carry out the best public services,” he continued. min also lauded all central and regional stakeholders who have been supervising the implementation of regional autonomy successfully. Regional autonomy is the right, authority, and obligation of the regional governments to regulate and manage their respective regions in accordance with the applicable laws and regulations. ccording to a statement published at the official website of the Secretariat of the Vice President of the Republic of Indonesia, the Commemoration of XXVII Regional Autonomy Day 2023 had a theme of “Advanced Regional Autonomy, Superior Indonesia”. The theme showed the recognition of the central government for the independence of regional governments. It also highlighted the empowerment of local communities and governments to increase their competitiveness to improve the people’s welfare. The ceremony was held at the Losari Beach square in Makassar City, South Sulawesi Province, and attended in person by Home Affairs Minister Tito Karnavian as well as regional heads from various provinces, cities, and districts throughout Indonesia. mong them were Central Java Governor Ganjar Pranowo, South Sulawesi Governor Andi Sudirman Sulaiman, and Bogor Mayor Bima Arya. total of 25 breakthrough programs implemented by various regional governments were showcased in the Regional Governments’ Innovation Festival during the commemoration event. s the host of the event, Makassar City Government also optimized the momentum to promote their city branding as “Delicious Culinary City” by inviting all participants to enjoy one of the city’s culinary delights, coto. Coto is a type of soup made from boiled beef or buffalo meat, mixed with spices such as turmeric, lemongrass, galangal, ginger, and peanuts. baca-jugaRelated news: Regional autonomy aims to realize fiscal independence: home ministerRelated news: Autonomy gives regions space to innovate: minister;o:p;/o:p

Source: Antara News Agency (ANA)

Minister urges MSMEs to bolster digitalization for economic revival

Jakarta (ANTARA) – Tourism and Creative Economy Minister Sandiaga Uno has urged micro, small, and medium enterprises (MSMEs) in tourism and the creative economy to continue honing their digital technology skills to revive the economy and create jobs.In a statement issued on Sunday, the minister highlighted the enormous potential of MSMEs in creating jobs and supporting the national economy. “The creation of jobs by MSMEs can be achieved as long as we have expertise. Thus, digital marketing training is undertaken to train new MSME players to master the market,” he said. Social media currently plays a significant role, he said, as it is not just a space for art creation, but it can also be used to market products and even investment opportunities. “It is just a matter of how we can deliver the message politely, how we can provide educational content, and how we can be informative,” he added. Through digital training, Uno expects MSMEs to improve their standing and provide a broad impact towards economic improvement and job creation. The government aims to create 4.4 million new jobs by 2024. During a workvisit to Solo, Central Java, Uno also had the opportunity to attend a public seminar and lecture at Sebelas Maret University. He urged university students to have a mindset that is brave enough to become entrepreneurs and advised them not to be afraid of experiencing failure since, for an entrepreneur, there is no success without failure. “Failure is the stairs to success. That is the key to entrepreneurship,” he remarked. baca-jugaRelated news: Ministry collaborating with online travel agents for Eid offersRelated news: Indonesia’s ASEAN chairmanship to promote domestic tourism: Minister

Source: Antara News Agency (ANA)

President Jokowi to lead seven of eight ASEAN Summit meetings

Jakarta (ANTARA) – President Joko Widodo (Jokowi) will lead seven out of eight meetings during the 42nd Association of Southeast Asian Nations (ASEAN) Summit that will be held on May 9-11 in Labuan Bajo, East Nusa Tenggara.ccording to the statement issued on Saturday by the 2023 ASEAN Summit Communication and Media Team, the meetings that Jokowi will lead include the Plenary Session, summit retreat session and 15th Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) session. There will also be meetings with representatives from ASEAN Inter-Parliamentary Assembly (AIPA), ASEAN Youth, ASEAN Business Advisory Council (ABAC), and High-Level Task Force on ASEAN Community Post-2025 Vision (HLTF-ACV). Meanwhile, one other meeting, namely the 15th Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA) Summit, will be chaired by the Malaysian Prime Minister. Foreign Affairs Ministry’s Spokesperson Teuku Faizasyah said that several issues would be discussed within the summit, which comprise the strengthening of ASEAN institutions, formulation of the post-2025 ASEAN vision, and situation in Myanmar. “There will also be a discussion on post-pandemic economic recovery, strengthening health architecture in the region, and other important issues in and out of the region,” he said. The 42nd ASEAN Summit is expected to produce several documents, including ASEAN Leaders’ Statement on ASEAN institution strengthening, post-2025 ASEAN Vision, human trafficking handling, protection of migrant workers and their families during a crisis, health, electric vehicle ecosystem, and the network development of ASEAN’s villages. The summit will be attended by the heads of states of ASEAN countries, including Timor Leste as the 11th member country with observer status based on the result of the 40th and 41th Summit in Cambodia. During the summit, ASEAN member leaders will also attend the sunset viewing and welcoming dinner events on May 10, 2023, as invited by President Jokowi. Meanwhile, the spouse programme has been prepared by ASEAN leaders’ assistants. Moreover, a side event in the form of People Festival (Festival Rakyat) by the State-Owned Enterprises (SOEs) Ministry and the Tourism and Creative Economy Ministry will be held on May 9-13, 2023. The event showcases various micro, small and medium enterprises (MSMEs) products, beach clean-up and cultural performances. The 42nd ASEAN Summit will be the first out of two summits under Indonesia’s chairmanship in ASEAN in 2023. During the first summit in May, ASEAN leaders will discuss the association’s internal issues and other important issues both inside and outside of the region. Meanwhile, the 43rd ASEAN summit, planned to be held in Jakarta in September 2023, will not only be attended by ASEAN leaders but also leaders of ASEAN partner countries. The discussion during the summit will focus on the development and strengthening of ASEAN’s partnership with external parties. baca-jugaRelated news: Secure ASEAN Summit through humane approach: NTT Police chiefRelated news: ASEAN Post-2025 Vision to be discussed at 42nd ASEAN Summit

Source: Antara News Agency (ANA)

Capital relocation chance to revitalize Jakarta better: govt

Jakarta (ANTARA) – Acting Jakarta Governor Heru Budi Hartono has said that the relocation of the national capital from Jakarta to East Kalimantan will present challenges and a chance for Jakarta to carry out better city revitalization and development.”Jakarta will transform with the specialty of becoming a global city that functions as a main hub of world’s economic networks that has a binding relationship with other cities and directly impacts the social affairs of the world’s economy,” he affirmed in a written statement released here on Saturday. The same day, he served as the inspector of ceremonies at an event held to mark Regional Autonomy Day 2023, themed “Advanced Regional Autonomy, Advanced Indonesia,” at the South Plaza of the National Monument in Jakarta. “This regional autonomy day commemoration is a moment to reflect to understand the importance of a just and democratic government in a nation that has diverse ethnicities, cultures, languages, and customs,” he remarked. He said that regional autonomy must be pursued in Jakarta to ensure a significant impact on development and governance. He cited several advantages of this, such as improving the quality of public services, increasing community participation, and maintaining autonomy in managing taxes and fees for funding various development programs. In addition, regional autonomy is aimed at giving the authority to regional heads to manage their potential independently, based on the needs and characteristics of their respective regions. “As a follow-up to the President’s direction regarding inflation control 2023, I ask the Regional Inflation Control Team (TPID) to secure the availability of supplies, food price affordability, people’s purchasing power, and support the distribution and stability of the economy,” he expounded. In a bid to boost economic recovery and the use of local products, the Jakarta government has said that the Increasing Use of Domestic Products (P3DN) Program must continue to be promoted sustainably. “In line with the government target of reducing stunting prevalence to 17 percent nationally in 2023, we must make efforts for comprehensive and sustainable handling through coordination and synergy with all ranks of the Regional Leadership Communication Forum (Forkopimda),” he said. baca-jugaRelated news: IKN development continues to run amid political year: MinisterRelated news: Nusantara authority invites world investors to support IKN development

Source: Antara News Agency (ANA)

“Anutin” gave a speech under the Lat Phrao Expressway, declaring that the police officers were ready to be service dogs for the people.

Bangkok 30 April – Bustling! A crowd of 5,000 people listened to “Bhumjaithai” speech under the expressway in Ladprao. “Anutin” announced the Bhumjaithai MP Ready to be a public service dog work life Honest Chu Khet Wang Thong Lang Must have a government hospital

April 30, 2023 at the speech stage under the Ladprao Expressway Bangkok Reporters reported that Mr. Anutin Charnvirakul, leader of Bhumjaithai Party along with the party’s leader, Mr. Putthipong Punnakanta, Director of the Bangkok Election, Ms. Supamas Isaraphakdi, candidate for the House of Representatives Has gone to the area to help Mr. Pradermchai Boonchuay, candidate of MPs for Bangkok, District 5, Huai Khwang-Wang Thonglang, give a speech to announce the policy of the Bhumjaithai Party. Among the audience of about 5,000 people, the atmosphere was bustling. There was cheering throughout the speech.

Mr. Anutin said he would like to thank all parents, brothers and sisters. even if it’s a holiday But he came to listen to the speeches of the Bhumjaithai Party in large numbers. Personally, I went to the speech area for several days in a row. sound is low But the determination to volunteer to be a candidate for you Still as full as before We have come to meet with you to confirm that The representative who came to see you A person named Mr. Pradermchai is a good, talented person who we are confident will help our brothers and sisters live well.

“When selecting people from Bhumjaithai to work in the council, I promise that we will be like dogs serving the people. Sounds like an inferiority but don’t forget that The quality of the dog is that it is loyal, loyal to its master. Here is the people we go to work will never leave you will work for the people’s brothers and sisters to the best of their ability.”

Mr. Anutin said that Pride Thai has never had an MP for Bangkok, but we never forget the people of Bangkok. This time we are back again. to request opportunities from the public Especially Mr. Pradermchai reported that What are the needs of the brothers and sisters? if we had gone to work for you I’m sure there’s no disappointment. This time, Pride Thai hopes to get the MP’s vote in 3 digits. Bangkok is the part that will help fulfill our hopes. to go into public service If we get a representative from Bangkok, we will definitely do our best. We don’t talk about difficult things. But we will make things difficult. and make it real, make it fast, and make it possible

“As for Bhumjaithai Party, we have no pride. In the past, you didn’t choose us. but we work for you Recently, there is a need for a government hospital in the Wang Thonglang area, Huai Khwang, we offer here that Our policy is increasing the number of hospitals in the area and we will push forward to establish Wang Thong Lang Hospital Thailand has tens of thousands of state hospitals, and will allow Bangkok to have 5-6 more state hospitals. It can definitely do it. In addition, I know that this area has a problem with housing for people. Overlapping with state land, we’ll take care. There are many ways to resolve this. But everyone has the right to housing.”

After that, Mr. Anutin mentioned the work of the Bhumjaithai Party, including granting free dialysis rights to the public, providing cancer irradiation machines to be installed to cover all areas, supplying electric buses to serve in Bangkok with both presenting policies for campaigning in this round of elections, such as a 3-year debt suspension, interest-free breaks, policies for the elderly over 60 years old, emergency loans of 50,000 baht, issuing electric train tickets as day tickets at 40 baht per day, free policies Solar cells attached to the roof of the house, reducing the electricity bill at 450 baht per house and receiving the right to buy an electric motorcycle at the price of 6,000 baht, paying 100 baht per month for 60 installments, etc.

“Pride Thai Party Our policy is practical. I just want to get the opportunity from the people to choose us to work for them. You listened to me for a long time I don’t criticize anyone. because I believe Work must be done together to succeed. We don’t make enemies. But we focus on making friends. If you like this, please choose the Bhumjaithai Party.” – Thai News Agency

Source: Thai News Agency

Thailand 3-1 Singapore Men’s Football SEA Games 2023

Cambodia, April 30 – “Chang Suek”, the Thai national team defeated Singapore 3-1, successfully collecting the first 3 points. Men’s football at the 2023 SEA Games in Cambodia

32nd SEA Games Men’s Football at Prince Stadium Stadium, Cambodia, first round, first match, Group B, “Chang Suek”, the Thai national team, the 16-time champion, met Singapore on Channel 9 MCOT HD, press 30, broadcast live in the evening, at the 7th minute, Thai football fans were happy when Achitphon Khirirom tackles Teerasak to reveal Phimai to strike the goal for the Thai national team to lead 1-0 in the 38th minute. The Thai national team leads 2-0 away from a stroke in the penalty area before Purachet Tod Sanit will win the ball for Achitphon Khirirom to shoot into the net. At the end of the first half, in the 42nd minute, Singapore hit the egg from Nikki Melvin Singh, chasing it to 1-2. The first half ended. The Thai national team led Singapore 2-. 1. The second half, at the 50th minute, took a 3-1 lead from a shot from Purachet Fried Sanit, then the Thai team continued to invade But did not score more goals at the end of the game, the Thai national team defeated Singapore 3-1, successfully collecting the first 3 points after the game, “Coach Har” Independent Sri Taro, head coach of the Thai national team Said he was satisfied with the performance of the team that won the goal. Praise the team for playing well. as planned But there are still some moments that need to be accelerated to adjust to enter the field in the next match For the second game, the Thai national team will meet Malaysia on May 6 at 4:00 p.m. at Prince Stadium, Channel 9, press 30, as usual.

For the second game, the Thai national team meets Malaysia on May 6 at 4:00 p.m. at the Prince Stadium.

another pair of the same group At the Prince Stadium, the old champion “Golden Star Army” Vietnam met Laos, starting the game just 2 minutes, Vietnam took the lead 1-0 from Wang Tung Yan in the second half, Laos came down to fight well, trying to make an offensive game. hope to recover And had many chances, but couldn’t do it, finally hit Vietnam with a 90+1 stoppage-time shot from Kok Viet Nian, ended the game, Vietnam won Laos 2-0, held second in the crowd, with the Thai national team leading the crowd for The next meeting program, Vietnam will meet Singapore, and Lao PDR will meet Malaysia on May 3 – Thai news agency

Source: Thai News Agency

The people of Chiang Mai flocked to listen to the speech “Pita”, announcing the position “clear and ready”.

Chiang Mai, April 30 – Three Kings Square spills! The people of Chiang Mai wait to hear the party’s progress beyond the overwhelming “Pitha” announcing its progress “Clear and ready” “Prayut-Prawit” is ready to make changes for Thai people across the country.

On April 30, 2023, Mr. Phitha Limcharoenrat Leader of the Kao Klai Party and Ms. Pannika Wanich, the Kao Klai Party campaign assistant along with applicants MPs for Chiang Mai, the Kao Klai Party, all 10 districts, join the stage of the grand speech in Chiang Mai in the courtyard in front of the Three Kings Monument. It is another stage where the people are waiting to follow the party’s progress in abundance. Until it can be said that the three kings courtyard is broken Especially when Mr. Phitha arrived in the area

Ms. Pannika said that there are 3 reasons in this election that only want the party to move forward. One is to prove that Political parties that serve the people no capitalist money Don’t be intimidated by party capitalists. only considerate of the people possible in Thai society two to prove that problem of freedom Use of the law against the public With the problems of stomach, land, welfare, can be solved together, do not have to choose, do not have to wait. Use the ballot to say The Future Forward Party is people. No matter how many more parties are dissolved Can’t take our party out of the hearts of the people. Four years ago, the Future Forward Party had 6.3 million votes. In another 2 weeks, ask the natural voters to work hard, asking for an increase of 10 million votes, announcing that the more you destroy the party, the further you go. grown up

Ending the speech with Mr. Pita plead with the people of Chiang Mai that the Kao Far Party is ‘clear and ready’, that is, ‘clear’ that the standpoint is ‘There is an uncle, there is no us. There is no uncle’, not only Prayut Chan-o-cha has been removed, but also Prawit Wongsuwan has been removed. Changing the environment through the Clean Air Act, distributing budgets to people to help extinguish forest fires Turn intruders into pioneers. change from citizens living in the forest illegally to have rights over the land of their ancestors Amnesty legislation passed for forest crimes and set up a special cultural zone for ethnic brothers Changing Chiang Mai, the city of mastering business matters to become the mouth of the city Made to trade fluently progressive liquor law amendment expand opportunities for the people of the North

“This May 14th, ask all citizens to take out a magic pen. Make a magic spell for Thailand to be different. Let Chiang Mai be different Give good politics, good mouth, have a future, ”Mr. Phitha concluded. – Thai News Agency

Source: Thai News Agency

Hyundai Motor chief to join Korean version of Buffett lunch project

Hyundai Motor Group Executive Chair Euisun Chung will hold a lunch meeting with young applicants in a project modeled after “Warren Buffett lunch” to connect better with younger generations, a South Korean business lobby said Sunday.

The Federation of Korean Industries (FKI) planned the “God-saeng One meal” project as part of its efforts to restore its status as the country’s leading business lobby group and strengthen communication with the public, an FKI spokesman said over the phone.

God-saeng means a life that is lived very faithfully in Korean. It focuses on oneself and establishes goal-oriented routines for his or her development.

Hyundai Motor Group Executive Chair Euisun Chung

In the first communication project, the FKI invited Hyundai Motor Group Chairman Chung, car-sharing company SoCar Chief Executive Park Jae-uk and entertainer-cum-entrepreneur Noh Hong-chul to a lunch meeting with the MZ generation.

The FKI plans to select 30 MZ people for the God-saeng One meal project.

Generation MZ refers collectively to millennials, who were born in the early 1980s to early 1990s, and Generation Z, born in the mid-1990s to early 2000s.

The three business leaders will meet with the 30 selected people under the theme of “God-saeng for dreams and unyielding spirit,” the FKI said in a statement.

Chairman Chung leads the South Korean automotive group’s efforts to morph into a future mobility solutions provider, with focus on electrification and autonomous driving.

SoCar CEO Park has played a leading role in the growth of the SoCar business as the country’s No. 1 car-sharing services provider.

Noh is operating restaurants and bakery and coffee outlets with a variety of creative ideas, such as a circus-concept bakery-cafe store, which are popular with the MZ generation.

The selected applicants will have to pay for their lunch with the three businessmen by fulfilling their plans to contribute their talents to the community within three months, the statement said.

Warren Buffett, 92, chairman and CEO of Berkshire Hathaway Inc., raised more than $53 million for San Francisco charity Glide, in the past 21 auctions, which began in 2000.

No auctions were held in 2020 and 2021 due to the COVID-19 pandemic.

Last year, an unidentified wealthy person bid more than $19 million to dine with Buffett in the 21st and last auction.

In 2017, the FKI came under fire as chief executives of member conglomerates, such as Samsung Group, Lotte Group and SK Group, were accused of being involved in the corruption scandal surrounding impeached President Park Geun-hye.

Activist groups called for the disbandment of the then 56-year-old lobby group despite its drastic reform plans.

Some 180 member companies, including the country’s four biggest conglomerates — Samsung, SK, Hyundai Motor Group, LG Group — have withdrawn from the formerly 600-member group since March 2017.

Source: Yonhap News Agency