BPKH Selects WadzPay’s Unique Blockchain-Based Pilgrim Program to Create Cashless Journey for Indonesia’s Hajj and Umrah Pilgrims

Signs Memorandum of Understanding (MoU) with WadzPay to onboard world’s first cross-border private blockchain tokenization solution

BPKH SELECTS WADZPAY’S UNIQUE BLOCKCHAIN-BASED PILGRIM PROGRAM TO CREATE CASHLESS JOURNEY FOR INDONESIA’S HAJJ AND UMRAH PILGRIMS
23.11.17 BPKH HD

Signs Memorandum of Understanding (MoU) with WadzPay to onboard world’s first cross-border private blockchain tokenization solution

PADANG, Indonesia, Nov. 20, 2023 (GLOBE NEWSWIRE) — WadzPay, a leading innovator in blockchain based payments technology, is proud to announce its strategic partnership with BPKH (Badan Pengelolaan Keuangan Haji), responsible for managing Hajj finances in Indonesia. This collaboration enables cashless digital payment solutions for Indonesian pilgrims undertaking the sacred Hajj and Umrah journeys to Saudi Arabia.

BPKH performs Hajj Financial Management based on sharia principles, prudential principles, benefits, non-profit, transparency and accountability.

“We’re proud to join hands with BPKH in this transformative partnership. Combined with BPKH’s vision and WadzPay’s blockchain-based Pilgrim Program for payments, we aim to empower pilgrims, streamline transactions, and enrich their journeys,” said Anish Jain, Founder and Group CEO at WadzPay.

WadzPay shall serve as the overall program manager while BPKH plans an immediate pilot project through one of their member banks, aiming to make e-wallets accessible to the majority of pilgrims for the 2024 Hajj season.

WadzPay’s Private blockchain-based Pilgrim Payment Program is a game changer and world’s first cross border cashless Hajj and Umrah solution offering ease of operations for issuance institutions, pilgrims as well as merchants. The SaaS based platform can be easily leveraged by multiple issuer institutions in any country to link with the merchants in Saudi Arabia allowing pilgrims to top-up their e-wallets in the home country and spend like a “local” during the actual pilgrimage.

With this partnership, Indonesian banks will become early adopters of WadzPay’ s future-ready offering.

“We’re thrilled to modernize Hajj and Umrah finances, enhancing welfare and pilgrim satisfaction. This partnership shall drive transparency and financial inclusivity,” said Muhammad Thabrani Nuril Anwar, Head of BPKH Collection Division.

About WadzPay

WadzPay was founded in 2018 in Singapore with a commitment to drive financial inclusion and revolutionise the virtual asset landscape.  It is a leading global blockchain-based payments technology provider. The company’s innovative platform available as a SaaS offering provides secure, efficient, and transparent payment solutions, catering to businesses (B2B) and consumers (B2B2C). WadzPay works with large international payment companies, banks, and fintech’s to enable virtual asset-based transaction processing, custody, and settlement. It operates across geographies spanning Asia Pacific, the Middle East, Africa, Europe, and the Americas.

For more information, visit www.wadzpay.com

About BPKH

Badan Pengelolaan Keuangan Haji (BPKH) is an institution established according to the Republic of Indonesia Presidential Regulation Number 110 of 2017 concerning the Hajj Fund Management Agency. This agency oversees the finances of the Hajj in Indonesia. Hajj Finance encompasses all the rights and obligations of the government that have monetary value related to the organization of the Hajj pilgrimage. It also includes all assets, whether in the form of money or goods that can be valued monetarily, resulting from the execution of these rights and obligations. These financial resources stem from Hajj pilgrims and other legitimate sources.

For more information, visit www.bpkh.go.id

For media related queries please contact –

Arijit Das

PR and Communications Manager

arijit.das@wadzpay.com

+91 9654930523

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d8bc7587-ffe5-4be7-9952-137e6a0a0138

GlobeNewswire Distribution ID 8982905

OR builds on its track record of PTT lubricants innovation to grow in international markets by leveraging its well-established distribution network and strategic partnership

BANGKOK, THAILAND – Media OutReach – 21 November 2023 – In light of ever-evolving global lubricants market, Thailand’s leading oil and retail company PTT Oil and Retail Business Plc. (OR) has continued to retain its robust presence and reputation for excellence as Thailand’s no. 1 lubricants brand with growing international penetration over the years. With integrated lubricant operation under the PTT Lubricants trademark, OR offers a diverse product line catering to various industries with lubricants designed for gasoline and diesel engines, motorcycles, trucks, marine and fishery machinery, and agricultural and industrial machinery.

PTT Lubricants

Over 30 years, OR has continued to expand its industrial lubricant offerings domestically and internationally through business acquisitions or partnerships. Since its first entrance to foreign market in 2004, PTT Lubricants products have now been exported to more than 40 countries around the world, covering Asia, Oceania, Africa and Europe. As of December 31, 2022, OR sold lubricant products to over 700 wholesale and industrial customers.

OR also sells lubricant products and provides scheduled maintenance services, which covers changing of engine spare parts and PTT Lubricants products for motorists through FIT Auto service center network. As of October, 2023, OR registered 94 branches of FIT Auto in Thailand, and 5 branches in Cambodia and Laos.

PTT Lubricants is an avid, long-standing endorser of motorsport with a series of sponsorship program in local and international auto and motorcycle racing scenes, including Racing Car Thailand, OR BRIC Superbike, MotoGP, GT World Challenge Asia as well as several international Grand Prix series.

OR has constantly improved and innovated lubricants formulations to meet evolving market demand and current global sustainability expectations and ongoing transformation to e-mobility. In 2020, OR became the first lubricant supplier in Thailand to offer products that comply with the latest API, SP, and ILSAC GF-6A standards with the launch of the EVOTEC technology for engine protection in its PERFORMA lubricants for gasoline engines.

In 2022, OR collaborated with KI Sugar Group for the first time to improve lubricants formulations to better meet specific needs of industrial sugar producers. In the same year, the launch of PTT Lubricants EV Fuild, the brand’s first specialized lubricants for electric vehicles (EV), demonstrated OR’s endeavor to take lead on the ongoing transition to EV.

To further enhance its caliber for supply chain management, OR opened an Automated Lubricants Distribution Center in 2022 with automated storage and retrieval system to distribute up to 260,000,000 liters of products per year and accommodate its significant domestic and international growth.

PTT Lubricants products embarked on its international expansion starting with neighboring CLMV countries (Cambodia, Laos, Myanmar, and Vietnam). Myanmar, Laos, Cambodia and Vietnam strategic markets with growing demand for lubricants products and consumption behavior similar to that in Thailand. In addition, these countries have seen gradual increase in the number of vehicles on-road and rapid industrialization as attractive foreign investment destinations, which represent strong opportunity for OR to grow its lubricants products market.

With well-established operations of PTT Station and Café Amazon in Laos and Cambodia, OR has quickly become a familiar brand to consumers, facilitating sales and marketing of PTT Lubricants products to wider consumer base. OR has utilized both sales strategies such as promotional activities for dealers and customers as well as special marketing activities across online and offline channels.

In Myanmar, PTT Lubricants products have been available for more than 18 years and is currently number 2 market leader. OR has collaborated with local distributors in implementing strategies for market expansion, such as developing products that meet specific market needs, providing marketing support with product advertisement across various channels, both online and offline, as well as organizing training sessions to provide sales and technical knowledge for distributors.

With its geographic sea territory of long coastal line and fast-paced industrialization, Vietnam is blessed with opportunity for PTT Lubricants as the country with 4th highest consumption volume of lubricant products in ASEAN, after Indonesia, Thailand, and Singapore. PTT Lubricants business in Vietnam has enjoyed a constant growth with distributors across major cities like Ha Noi, Ho Chi Minh, Da Nang, possessing wide-coverage market penetration in high-street segment encompassing car, truck and motorcycle users, as well as industrial and fishery machinery segments.

Other Southeast Asian markets that present strong potential for PTT Lubricants are Indonesia and the Philippines. PTT Lubricants has entered Indonesian market since 2016, starting with selling products for motorcycle and automotive through garages and dealers in Jakarta and now expanded across major cities including Java, Kalimantan, Sumatra, Selawesi, with sales volume significantly growing year after year. Extensive marketing campaigns and activities across online and offline channels encompassing social media platforms, OOH media, sponsorship program as well as strong online e-Commerce platforms have also driven PTT Lubricants to rapidly achieve a remarkable success in Indonesia. OR has also ventured into industrial sectors with high growth potential like coal mining and sugar mill industries.

With extensive volume of private and public transportation in the country, the Philippines is a significant market with high demand for clear oils and lubricants. To thrive against fierce competition in the market that goes in line with high demand, PTT Lubricants has introduced a series of supporting marketing programs such as online campaigns to promote brand and products, influencer engagement for product reviews on social media, expand online distribution through major e-Commerce platforms, as well as roadshow activities at dealer shops and garages to reach wider consumer base.

Beyond Southeast Asia, Taiwan is another key market for PTT Lubricants with over 14 years of presence focusing on products for gasoline vehicles and motorcycles. With extensive marketing and promotional activities and motorsport sponsorship program launched throughout the years, PTT Lubricants has continued to gain consumer trust as a preferred lubricants brand among general motorists, drivers of leading European car brands like Mercedes Benz, Volkswagen, Audi, Porsche, as well as riders of the same big bike models used in racing circuits.

PTT Lubricants has also expanded into Malaysia, Singapore, and other Asian countries like China, etc., with increasing market presence and consumer preference driven by e-commerce platform, integrated marketing channels as well as consumer engagement activities and event sponsorship programs.

OR is also looking for opportunities to expand its PTT Lubricants market to countries around the world with high demand, both in South Asia like Sri Lanka Bangladesh, and Africa, such as Morocco, Ethiopia and Tanzania.

Looking forward to being a key player in shaping the future of mobility, OR will continue to adopt various strategies in order to strengthen PTT Lubricants market position and expand global reach with diverse product portfolio to cater to a wide range of industries and customer segments.

Media Contact:

Manita Olarnrat

Senior Account Manager at Ogilvy PR Thailand

manita.olarnrat@ogilvy.com

Angola’s Key Role in Conflict Prevention and Resolution in Africa Highlighted

Luanda – Angola’s growing prominence in conflict prevention, management, and resolution in Africa, particularly in the Great Lakes Region and other areas, has been increasingly recognized in recent years. This recognition stems from the country’s experience in peacebuilding and national reconciliation efforts.

According to Angola Press News Agency, As reported by Valentim de Carvalho, ANGOP’s journalist, Angola, under its presidency of the International Conference for the Great Lakes Region (ICGLR), has undertaken significant diplomatic initiatives. These include efforts towards lasting peace in Mozambique and political stability in the Central African Republic (CAR). Angola has also been active in mediating the conflict between the Democratic Republic of Congo (DRC) and Rwanda.

The country’s commitment to dialogue and conflict resolution has established it as a key political partner in the region. This role was further acknowledged when the President of the Republic, João Lourenço, was named champion of peace and reconciliation on the continent by the African Union (AU) last year, a testament to both his and Angola’s efforts in promoting peace.

The impact of Angola’s political stabilization efforts has also been recognized globally. The outgoing leader of the Inter-parliamentary Union (IPU), Portuguese Duarte Pacheco, lauded Angola’s effective peace achievement after prolonged conflicts. Pacheco’s remarks came during the 147th General Assembly of the IPU hosted by Luanda, which saw participation from over a thousand Members of Parliaments from 179 affiliated parliaments.

Pacheco praised Angola’s handling of its peace process and expressed hope that nations and communities in conflict worldwide would find similar lasting political-diplomatic solutions.

Angola’s contributions are particularly crucial given the ongoing security challenges in Africa, including persistent conflicts, terrorism, unconstitutional government changes, humanitarian crises, and human rights violations.

To further promote understanding and peace, Angola is hosting the Pan-African Forum for the Culture of Peace – Luanda Biennial 2023. This event, co-organized by the Government of Angola, the AU, and UNESCO, aims to discuss violence prevention, conflict resolution, and topics related to education, science, economics, and climate change. The forum, which will run from the 22nd to the 24th, includes representatives from governments, civil society, and international organizations. It will feature six panels covering various themes, including youth roles in peace promotion, gender equality, women’s roles in peace processes, and climate change.

The Luanda Biennial 2023 serves as a platform for comprehensive approaches to peace and reconciliation, emphasizing cultural exchange, intergenerational dialogue, and gender equality promotion. Its objectives align with the African Union’s aspirations for an integrated, peaceful, and prosperous Africa.

Ioba Province Hosts Inaugural COPROSUR Session Focused on Humanitarian Aid and Eco-friendly Gold Processing

Dano – The Ioba province conducted its first session of the provincial emergency relief and rehabilitation council (COPROSUR), alongside the Provincial Consultation Framework (CCP), on Tuesday, November 14, 2023. The session, chaired by the High Commissioner of Ioba province, Bernadette Adenyo / Sermé, took place in Dano.

According to Burkina Information Agency, Gouman Evariste Somé, the COPROSUR session centered on two major humanitarian issues. Somé detailed the current humanitarian situation in Ioba, noting that as of March 30, 2023, the province had recorded 2,995 internally displaced persons (IDPs), as per CONASUR figures. He emphasized the need for updated data and proposed actions to enhance humanitarian care in the province.

The session also addressed the repatriation of approximately 320 Burkinabés from Ghana, who were received in Ouéssa in the Ioba province last July. These returnees, according to Somé, received assistance and were able to return to their original localities, thanks to the support of the government and the hospitality of the host populations.

A key topic discussed in the CCP segment was the introduction of a new mercury-free gold processing technology. Saidou Kabré, the country representative of the NGO Artisanal Gold Council (AGC), presented the Planet Gold project and its activities in the Ioba province. A mercury-free ore processing unit has been installed in Gnikpière, in the commune of Dano, benefiting artisanal miners.

The session served as a platform for exchanges between humanitarian actors and those involved in environmentally friendly gold extraction, focusing on protecting human and animal health. High Commissioner Bernadette Adenyo / Sermé highlighted the session’s role in revitalizing the CCP and COPROSUR, as well as in addressing the province’s developmental challenges.

Adenyo / Sermé appreciated the government’s measures for food and physical security to support IDPs and acknowledged the significant contributions of CCP members to the welfare and development of Ioba province. She also extended gratitude to the AGC for its financial support in facilitating the session.

Ouagadougou Hosts Guillaume Soro in Meeting with Transitional President

Ouagadougou – Captain Ibrahim Traore, President of the Transition and Head of State in Burkina Faso, hosted Guillaume Kigbafori Soro, former Prime Minister and former President of the National Assembly of Côte d’Ivoire, in an audience this Tuesday. Soro, a prominent figure in Ivorian politics, expressed significant emotion upon his return to the African continent after five years of exile.

According to Burkina Information Agency, his return to Burkina Faso, especially under a military government, was noteworthy given that previous democratically elected governments had denied him entry as a West African citizen. He expressed his gratitude towards the people of Burkina Faso for this opportunity.

During his meeting with President Traore, Soro commended the President’s comprehensive understanding of sub-regional issues. He noted that he received valuable advice from the Head of State on the importance of fostering peace and reconciliation in the sub-region.

Soro also praised the leadership of Burkina Faso, describing it as “enlightened,” and lauded the government and people of Burkina Faso for their resilience in combating armed terrorist groups. He emphasized the significance of Burkina Faso’s ongoing battle against terrorism within the country.