Ministry offers scholarship program to address digital talent gap

first_imgBeside hard skill, the recipients of the scholarship will also receive training in soft skills such as critical thinking, creativity and communication.The first DTS program in 2018 was awarded to 1,000 recipients, while the second one in 2019 had 25,000 participants.The focus on digital sector training also aligns with the Industry Ministry road map titled Industry 4.0, where it focuses on the use of digital technologies for industries, among other things.Since the pandemic broke out in Indonesia in March, the ministry has also run an online academy to train people in data analytics, digital marketing and programming, among other things.It aims to train 50,000 participants this year, while as many as 43,500 people have participated so far.“Both of these programs are necessary as we are adapting to the COVID-19 era. These programs ensure that we can maintain productivity during this time while also addressing the digital talent gap,” Johnny said. (eyc)Topics : The Communications and Information Ministry (Kominfo) launched on Monday its annual Digital Talent Scholarship (DTS) program for this year, as it aims to address the country’s digital talent gap.Recipients of the scholarship will get training on data analysis, artificial intelligence (AI), cloud computing and cybersecurity, among other skills.“Indonesia is facing a digital skill gap, especially in tech industries. That is why we want to facilitate people in upskilling or reskilling their abilities with this program,” said Communications and Information Minister Johnny G. Plate in a press release on Monday. The country is estimated to require 600,000 talents in the digital sector each year to meet the demand for skilled workers.A 2018 study by the World Bank projects that Indonesia will see a shortage of 9 million skilled and semi-skilled workers in the digital sector between 2015 and 2030.To conduct the training, the ministry has partnered with more than 90 universities and polytechnics, local start-ups, as well global technology companies such as Cisco, Google and Microsoft, among others.The training is intended to cater to fresh graduates from universities and vocational schools, as well teachers and entrepreneurs.last_img read more

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WTW’s German Pensionsfonds vehicle gets €2.6bn boost with Innogy

first_imgE.On does not have a Pensionsfonds, which is a vehicle allowing sponsor companies to move pension liabilities off the balance sheet, for one or more payments. There are both company-specific and multi-employer Pensionsfonds, like Willis Towers Watson’s.The vehicle is particularly attractive for companies involved in mergers or spin-offs.In a statement Willis Towers Watson said it was absolutely necessary for Innogy to switch from a company-specific solution to a third party provider solution in the context of the acquisition by E.On.“In doing so, Innogy wanted to intervene as little as possible in the existing, proven workplace pension structures and to allow operating processes to continue largely unchanged,” it said. “The company also attaches great importance to the short-term and long-term cost-effectiveness and flexibility of the solution, which offers scope for joint solutions in the future.”Heinke Conrads, head of retirement for Germany and Austria at Willis Towers Watson, said the deal with Innogy involved a complex M&A situation and that the consultancy was pleased to have been able to support the companies involved in dealing with the sensitive matter of occupational pensions.Innogy finances pensions for around 10,000 pensioners via the Willis Towers Watson Pensionsfonds. Germany’s Willis Towers Watson’s Pensionsfonds has gained €2.6bn in assets as a result of energy provider Innogy switching to the pension financing vehicle following the company’s takeover by E.On from RWE.The European Commission gave the green light for the acquisition in September. The Willis Towers Watson Pensionsfonds now counts as one of the largest multi-employer Pensionsfonds in Germany, with €3.8bn in assets under management.According to Willis Towers Watson, multiple steps were achieved in a tight timeframe in time for the closing of the RWE/E.On transaction: preparing contractual documentation, obtaining authorisation from all the subsidiaries involved and getting the approval of BaFin, the regulator.The transaction involved the transfer of all Innogy pension assets from RWE Pensionsfonds and a corresponding change in the trust structure.last_img read more

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Blue is the colour for McCreery

first_imgWillie McCreery is optimistic Colour Blue can further showcase her consistent streak when she runs in the Listed Vincent O’Brien Ruby Stakes at Killarney on Wednesday. The three-year-old filly was beaten a length into third by Dalkova in a Listed contest at the Galway Festival and was a course and distance winner in May. McCreery said: “She’s a tough little one who does nothing at home. She doesn’t need to, though, as she’s very clear-winded. She ran a blinder in Galway and hopefully it will be nice ground and that will suit her. She has freshened up since Galway.” Press Association O’Brien’s son Donnacha gets the leg-up on Illusive in the Cliffords Groundcare Limited Handicap. The young jockey claims 10lb and b linkers are applied on the colt’s first step into a handicap, but he will have plenty of backers after winning his maiden at Leopardstown. Recent winners Miller Beach and Amazing Star will look to make things difficult for the forecast favourite. Tony Martin sends Anner Queen into action for the Diarmuid Cronin Electrical Handicap and the four-year-old filly could be competitive off a mark of 49. Her third place in Down Royal caught the eye before she was heavily backed but withdrawn at Tipperary. She then finished down the field at the Curragh, but that came on soft ground. Bolger, Weld and O’Brien have a strong hand in the Bet Online At thetote.com Handicap with Solar Focus, Pirate Cove and Bazaar respectively. Ridestan for Denis Hogan, though, has been in terrific form over the summer bagging three wins, including one over course and distance. Red Rocks Point looks to make the most of his superior rating when he faces four rivals in the Ladbrokes Race over a mile and three furlongs. Cosmic Cannonball is the danger. The trainer added: “My concern is that she is drawn nine of 10 and it will be hard to be prominent. I don’t want to burn up too much horse. She won over course and distance and zipped round the corners well from the front. She has been very consistent. Her only bad run came in Killarney and I wouldn’t want her doing that again.” Mick Halford’s Mizzava is the highest-rated horse in the field. She was last seen finishing mid-division in a Group Three at the Curragh in May on soft to heavy ground. Halford said: “She hasn’t been out since May as she had a little issue, but that’s sorted and she is in good form and fit and well. The good ground isn’t a concern as she has form on fast ground in the Irish 1,000 Guineas and at Royal Ascot. If she runs up to her rating she should go well.” Dermot Weld’s Brooch raised many an eyebrow in Galway with the manner of her nine-and-a-half-length maiden victory and is pitched into this company on just her second start. Jim Bolger runs Flight Risk, who is also lightly raced. He was fourth in the Group Three Phoenix Sprint Stakes on August 10 on his second racecourse appearance. Aidan O’Brien has won four of the last five renewals of this race and he relies upon Sparrow, who was unplaced in her last three runs which came at Listed level. Michael Hussey takes the ride. Elsewhere on day one of the August Festival, Postulation aims to get Weld off the mark in the opening Irish Stallion Farms EBF (C&G) Maiden for two-year-olds. There should be more to come after his second place at the Galway Festival. He has an interesting background being by North American champion juvenile sire of 2012 Harlan’s Holiday. Hannah’s Magic, Duchess Andorra and Henson are separated by 3lb on official ratings and clash in the Mosscontrol.ie Apprentice Maiden. They have a string of placed efforts to their name, but perhaps this will be the day Henson gets a victory. He was squeezed for room when finishing second at Galway. last_img read more

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