South Korea’s world number one Kim Woo-jin was sent crashing out of the second round of the men’s individual archery at the Rio Olympics on Monday by unheralded Indonesian Riau Ega Agatha, sending shockwaves through the tournament.
Kim, who won gold in the team event on Saturday and set a 72-arrow world record in the ranking round the day before, was tipped to vie with his compatriots for the individual title but succumbed to a 6-2 loss on a breezy afternoon at the Sambodromo.
“I’m in shock,” the downcast 24-year-old, nicknamed ‘Bear’ in his home country, told reporters. “I don’t blame anything or anyone, I just regret not doing well today.
“The past four years I prepared a lot. I feel really great about getting the gold medal for the team event, but for the individual one I regret much about myself, because I prepared a lot and it’s all gone now.”
Kim’s exit leaves Brady Ellison, a member of the United States team that lost the title-decider to the Koreans, as the highest seed in the tournament.
Ega Agatha, a 24-year-old from Surabaya in East Java province, lost the opening set but stunned Kim in the next three, slamming the door shut with two brilliant shots that landed flush in the gold target for two perfect scores.
As a modest crowd in the terraces roared, Kim slumped with his head down while his team mates looked on in dismay.
Ega Agatha flashed a huge grin and high-fived his coach after setting up a third-round match with Italy’s Mauro Nespoli.
The Indonesian, ranked 29th in the world, had never beaten Kim in several previous attempts, but has had some success against the top Koreans at World Cup events.
“It’s a very big surprise for me but I have to stay focused to face another (competitor),” he told reporters.
“I expected that I would win (a match) today but just not too many because Woo-jin is the number one (archery) athlete in the world. But I did it today.”
The Indonesia team’s chef de mission Raja Oktohari was a thrilled spectator in the terraces and said the win would create waves in the steamy Southeast Asian nation.
“All Indonesia will be shocked,” he said.
“It will be euphoria for us but, of course, we still have another game to prepare. And (he) has to focus, so the euphoria only lasts half an hour.”
Indonesia is hosting two counter-terrorism meetings in Bali this week. The Second Counter-Terrorism Financing Summit takes place from Aug 8 to 11, while the International Meeting on Counter-Terrorism takes place on Aug 10.
The conferences will be jointly organised with Australia and will see the participation of representatives from about 30 countries and international organisations.
Participants at the two meetings are hoping to strengthen international cooperation to tackle the growing threat of radicalism by sharing intelligence, best practices and strategy.
Discussions at the Second Counter-Terrorism Financing Summit and the International Meeting on Counter-Terrorism are expected to centre on how to counter the cross-border movement of terrorism. This includes finance flows and foreign terrorist fighters.
The meetings come in the wake of arrests in Batam, as police hold five people who allegedly belong to terror cell Katibah G-R. They were arrested on suspicion of having ties to Indonesian militant Bahrun Naim, who is currently believed to be fighting in Syria with Islamic State.
The group’s ringleader allegedly received and channelled funds for radical activities, and together with Bahrun, is said to have planned a rocket attack on Singapore’s Marina Bay. Bahrun is also believed to be one of the masterminds of the terror attack in Jakarta at the beginning of the year.
Indonesia has been lauded for its swift handling of January’s attacks. The country has also vowed to combat terrorism by tackling economic, social and cultural issues that could lead to radicalization.
A total of 24 countries are said to have confirmed their attendance for the meetings, including the United States, Turkey, Malaysia and Saudi Arabia. International organizations such as the United Nations (UN) Counterterrorism Executive Directorate, Interpol and Europol have also been invited to participate. The discussions will be submitted to the UN General Assembly in September.
Source: Channel News Asia
Indonesia’s men’s archery team was defeated by the US side during the quarter finals at the Rio de Janeiro Olympic Games on Saturday (06/08).
Indonesia was downed by the US 6-2 and will not continue in the team competition, although individual archers will stay on.
Qualifying 10th, Riau Ega Agatha Salsabilla, Muhammad Hanif Wijaya and Hendra Purnama showed a promising performance during the first round beating seventh seed Taiwan 6-2.
Coach Deni Trisjanto said his archers were technically brilliant but conceded they were knocked out by stronger opponents.
“Indonesia’s men’s archery was remarkable, this is the first time Indonesia’s men’s archery team qualified to the Olympics. In my opinion, this achievement is great because we could reach quarter-final, but we have to admit the United States win,” Deni said in a statement on Sunday.
Male archers Ega, Hanif and Hendra along with female counterpart Yuliana Ika will go on to compete in the individual categories, beginning on Monday.
Source: Jakarta Globe
Can you name an Indonesian company with a global presence?
Probably not. But one design-driven, Jakarta-based hospitality group is about to change that.
The brand behind Bali’s famous Potato Head Beach Club, PTT Family, has ambitious plans to export the archipelago’s cuisine, crafts and heritage with its chic yet authentic range of restaurants, bars and hotels.
“I am very inspired by (Indonesian artisans),” says Ronald Akili, CEO and co-founder of PTT Family. “I think we have something very beautiful here and I want to showcase that to the world.”
Source: Continue reading on CNN
North Kalimantan hopes to become an energy conservation province, as it has 1.3 million hectares of conservation forest and 1.6 million hectares of protected forest.
The message was delivered by Governor of North Kalimantan Irianto Lambrie in Tanjung Selor through a statement on Friday at the “Heart of Borneo” Green Ecotourism Workshop on Tuesday (Aug. 2).
To achieve these goals, the governor highlighted the need to innovate, create, communicate, and expand connectivity by increasing the use of technology to establish synergy by using the capabilities of our human resources.
One of the sectors most likely to grow by applying these steps is tourism, which includes creative economy, by developing the various areas of potential in the sector.
According to Lambrie, Heart of Borneo has been identified as a national strategic area that borders three countries and has become a priority of the current government to be developed in accordance with the Government Regulation No. 26 of 2008.
According to the national spatial plan, the National Strategic Area “Heart Of Borneo” has a land area spanning 16 million hectares, of which five million hectares is in North Kalimantan Province, or some 22 percent of the total area is marked for the development of the region.
“We developed North Kalimantan by exploiting the natural resources to improve the welfare of the community,” Lambrie stated as he invited all parties to utilize the natural resources, which can serve as an energy source to supply electricity to Indonesia.
Source: ANTARA News
President Joko “Jokowi” Widodo wants Indonesia to be the “The Digital Energy of Asia”, an ambition he shared with many when he visited Silicon Valley early this year.
The Ministry of Communications and Information has now joined hands with KIBAR — a local startup incubator company — to create 1,000 digital startups worth $10 billion by 2020 make the President’s dream come true.
The program will be rolled out in ten cities — Jakarta, Bandung, Surabaya, Yogyakarta, Semarang, Malang, Medan, Denpasar, Makassar and Pontianak — and, according to Communications Minister Rudiantara, will help local startups begin their venture.
“They’re startups. There are always risks for failure. We want to help them along,” Rudiantara said, as quoted on the ministry’s website.
A strong capital is still what often makes or breaks a startup. The following are four Indonesian startups with the largest capital funding in 2015:
Indonesian e-commerce giant Mataharimall.com reportedly received $500 million in 2015 from holding company Lippo Group, a local conglomerate who owns Matahari department store, one of the country’s largest offline retailers. The company has set an ambitious target to become a driving force in the Indonesian e-commerce scene and rival two largest e-commerce sites in the world, Alibaba and Rakuten.
The investment has so far been used to revamp its management team, develop its online service infrastructure and build a marketplace which brings together sellers and consumers all over Indonesia. The company is eyeing $1 billion in sales within two years.
Last year Mataharimall.com appointed Hadi Wenas as CEO and Emirsyah Satar — former CEO of Garuda Indonesia — as chairman.
“Mataharimall.com is an online marketplace where everyone can buy everything, and anyone can sell anything, including electronics, retail and lifestyle products,” Hadi said.
One of the country’s oldest e-commerce ventures, Bhinneka Mentari Dimensi, the company behind online store and marketplace Bhinneka.com, secured $22 million in extra funding in November last year from Ideosource, a local venture capital which also invested in online media femaledaily.com and Stockbit, an online platform that provides stock information and analysis.
The Jakarta-based venture capital is managed by Andi S. Boediman and Edward Ismawan Chamdani, who are also in the Board of Directors at Bhinneka.com, along with Hendrik Tio, its CEO. Bhinneka has used the investment to improve its mobile app and social media presence.
The investment has pushed Bhinneka.com closer to an eventual IPO in 2018, a major milestone for a company that started off as a computer supplier in 1995. Its online migration happened almost accidentally, brought on by the 1998 economic crisis which forced the company to cut overheads and start selling its products on the internet.
The company booked a triple-digit growth in sales last year, said Leo Antonius, the company’s business expansion director, as it added a marketplace service to its webstore and convinced 2,600 merchants to use the service along with offices in Jakarta, Surabaya, Medan, Makassar and Bandung. Bhinneka.com plans to more than double the number of its branch offices to 35 by the end of this year to strengthen its market reach across Indonesia, Leo said.
Online grocery store Happyfresh earned $12 million in funding last year from Vertex Ventures, Singapore’s oldest venture capital firm and a division of the island country’s state investor Temasek Holdings, and local venture capital Sinar Mas Digital Ventures, part of the conglomerate Sinar Mas Group.
Vertex was an early investor in Grab, the Singapore-based ride-hailing service, and Reboonz, an online store selling luxury products. Other investors in the funding round were the Asia Venture Group, BEENEXT, Ardent Capital, 500 Startups and Cherry Ventures.
Happyfresh has big ambitions to turn the company into one of the largest food-tech groups in Asia. The Jakarta-based startup already has overseas presence in Taiwan, Malaysia, Thailand and the Philippines.
Happyfresh was launched in 2014 in Indonesia and Malaysia. It allows customers to shop for groceries online by partnering with retail stores.
Happyfresh has done well to take advantage of traffic gridlocks in Jakarta and Surabaya, offering the service of a personal shopper who would handpick supermarket items and deliver the products in less than an hour to the customer’s doorstep.
The men behind the startup are Marcus Bihler, the co-founder and also chief executive, Benjamin Koelmann, COO, and Fajar A. Budiprasetyo, CTO.
The Jakarta-based food delivery startup received $8 million in 2015 from Richmond Global Ventures, a US-based venture capital which has aggressively invested in startups in China, India and other emerging markets, and also Gobi Partners, a Chinese venture capital focusing on investment in IT and digital media.
Qraved’s other investors include GWC, Convergence Ventures, 500 Startups, Toivo Annus and M&Y Partners. The money has been used to expand its services in several cities in Java including Bandung.
Qraved is in a head-to-head competition with Zomato Indonesia, a local arm of the Indian online food delivery giant. Qraved’s selling points are its curated restaurant articles and its online community for food bloggers, called Qraved Journal. Qraved’s co-founder and CEO Steven Kim has also founded three other startups: Zalora, Wimdu and Officefab.
Source: The Jakarta Globe