A few years ago, the 21st century was often seen as the century of light. In fact, photonics has conquered our daily life: It is the technology that is in the core of a fast internet, and it enables such popular products as smartphones, to name but a few examples. Steve Anderson, Director, Industry Development at SPIE, presented a view of photonics markets that took a wider perspective of photonics as an enabling technology for large parts of our economy. In his systematics, he focuses on the photonics value chain, distinguishing four levels:

  • Level 1: Components (e.g., imaging chips, lamps, and lenses)
  • Level 2: Photonic products (e.g., imaging subassemblies, displays, and LED lamps)
  • Level 3: Enabled products (e.g., smartphones and autonomous vehicles)
  • Level 4: Enabled services (e.g., cloud computing, e-commerce, and video streaming)

It is obvious that economic figures derived from these four levels differ severely from the figures for

Read More

Reno Surya (The Jakarta Post)

PREMIUM

Surabaya   ●  
Sat, May 22 2021

The sound of the takbiran (eve of Idul Fitri celebrations) reverberated as the sun slowly leaned toward the west. Minutes before dusk, the usually-bustling Bungurasih terminal right outside Surabaya was still quiet. Occasionally, ticket brokers could be seen moving from one area to another, but almost all returned empty-handed. Bus drivers were just sitting around, some chatting and some in silence, while others had fallen asleep in the open luggage compartments of their vehicles.

It was one day before Idul Fitri, usually the peak of people traveling to the places they hail from for family reunions, but the government’s decree prohibiting the mudik (exodus) this year means most transportation providers are sitting on their hands. Drivers, brokers and travel agents are left with far less income while also not b…

to Read Full Story

SUBSCRIBE NOW

Starting from

Read More

WE WANT YOU – Become a Volunteer

The Volunteer program consists of members from the community who have demonstrated a willingness to maintain a high quality of life in the area they live in. These individuals have assumed responsibilities that require them to achieve a higher level of public trust. Volunteers have an opportunity to learn about law enforcement, and with their unselfish acts of community service, help improve law enforcement services.

Volunteer Opportunities

The County of Los Angeles Volunteer program offers volunteers an opportunity to be involved with nearly every aspect of a station. Volunteers may choose to be a part of such traditional functions as:

Clergy Program – Clergy members in the community who ride with the deputies and assist in dealing with human crisis.

Front Desk – Volunteers work the station front counter in a Volunteer Uniform to greet the public and provide station services.

Clerical

Read More


The impact of the coronavirus pandemic likely set back growth in air passenger numbers by two to three years.

  • The damage of the Covid-19 crisis will be felt for years to come, forecasts an international aviation body.
  • That said, its research indicates that people have retained their need and desire to travel.
  • To ensure that aviation can sustainably deliver its social and economic benefits, though, governments must step up support for more efficient operations.

The impact of the coronavirus pandemic and related lockdowns and travel bans have likely set back growth in air passenger numbers by two to three years, according to the International Air Transport Association (IATA).

The airline body represents about 290 airlines comprising 82% of global air traffic. 

“The damage of the Covid-19 crisis will be felt for years to come, but all indications are that people have retained their need and desire to travel,” IATA

Read More


Cabinet has approved the submission of the Draft Upstream Petroleum Resources Development Bill to Parliament.

Following Cabinet approval, the Draft Upstream Petroleum Resources Development Bill will now be submitted to Parliament.

The proposed legislation will afford government – via state-owned PetroSA – the right to a 20% stake in all oil and gas exploration and production projects in South Africa.

The law will provide separates rules for the petroleum (oil and gas) and mining sector. 

The bill, which was first published in December 2019, details the application system for permits, the issuing and transfer of rights. 

In a statement following a meeting last week, Cabinet stated that the bill “create[d] a conducive environment for investment, growth and job creation in the upstream of petroleum resources market” as well as strategic stock requirements for petroleum rights holders to sell a percentage of petroleum at prevailing market price to the

Read More

Rully Arya Wisnubroto (The Jakarta Post)

PREMIUM

Jakarta   ●  
Tue, May 4, 2021

The Indonesian banking industry has gone through one of the most challenging times since the monetary crisis in 1998/1999 and it is showing a healthy and stable condition. The capital adequacy ratio (CAR) continued to increase and liquidity remained ample, while the loan to deposit ratio remained at multi-year lows. Asset quality has been improving with nonperforming loans (NPL) relatively stable at 3.2 percent. Banks’ loans-at-risk have improved as the outstanding restructured loans impacted by the COVID-19 pandemic have decreased as some impacted debtors started to recover.

Monetary and fiscal policy have been very accommodative. The policy rate, Bank Indonesia’s (BI) seven-day reverse repo rate, is currently at a historic low of 3.5 percent. To ensure sufficient liquidity in the financial system, BI has provided as much as Rp 798.9 trillion (US$55.37 bill…

to Read Full Story

Read More


South Africa has had three bans on alcohol sales over the past year.

South Africa’s liquor industry has raised concerns about the government’s rationale for the contentious third ban on the sale of alcohol.

South African Liquor Brandowners Association (Salba) chairperson Sibani Mngadi said the government’s move to ban alcohol sales at the time, going outside of the health experts’ recommendations, was “disturbing”. He explained that the Ministerial Advisory Council (MAC) had recommended restrictions on the sale of liquor for off-site consumption but not an outright ban.

“Despite the endorsement of this by the Department of Health, the government imposed a complete ban on all alcohol sales. This had a hugely detrimental impact on the industry,” Mngadi said in a statement on Wednesday.

Salba’s statement follows the government’s publication of the MAC notes that informed some of the National Coronavirous Commmand Council’s decisions, ahead of its third ban on

Read More



W

hat is 888’s approach to cashless systems? Could you share some examples that reflect how the pandemic significantly grew the interest in this technology for the gaming industry?

As everything continues to go paperless and cashless, casinos are one of the last frontiers that take mostly cash payments. The land-based gambling industry will need to align itself with that trend. From my perspective, this is another symptom for the digitization of gaming. It would be another milestone to gain the ability to work in an Omni channel approach. 888 has a big e-payment practice that consists of dozens of people who are solely focused on the enhancement of the e-payments suite both locally and globally. This puts us in a great position to capitalize on this trend, not just from a payment perspective but from an overall digital platform aspect.

In June last year,

Read More

  • Sommet Education, based in Switzerland, has concluded a deal with South Africa’s Invictus Education.
  • Both see it as an opportunity for expansion in SA as well as the rest of Africa to fill the skills gap in the hospitality sector.
  • Both groups regard hospitality training as a life-long journey to compete in what they say has essentially become an “experience industry”.

Leading Swiss-based hospitality training group Sommet Education announced on Wednesday that it has acquired a majority stake in South Africa’s private hospitality training group Invictus Education.

The alliance fits into Sommet’s expansion strategy, effectively doubling its global footprint to 17 campuses from nine (in Switzerland, France, Spain, the UK and China) and increasing its capacity to 9 000 students from 6 000. The two groups plan to share knowledge and experience and leverage synergies that will enable further academic curriculum development.

Sommet Education’s network consists of two hospitality business

Read More

TOKYO (AP) — The coronavirus pandemic has pushed many businesses in Japan to the edge of financial ruin, but Takumi Tezuka, who owns a makeup and hair salon for men in Tokyo, has seen his customer base expand.

Japanese businessmen in their 40s, 50s and 60s who had little interest in cosmetics before the pandemic are increasingly visiting Tezuka’s salon, Ikemen-Works, hoping for a better look in online meetings.

A large personal care company, Shiseido, says one of its male makeup lines has seen double-digit growth during the pandemic. Company officials give a similar reason: Men, confronted with the sight of their faces repeatedly during online meetings, want to improve what they see.

“Before, most of our customers were males in their teens and 20s, but thanks to remote work we now have more businessmen,” said Tezuka. Unlike many younger men, who want a drastic makeover, older businessmen want to

Read More