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Asian Agri Recognises Desa Semambu Village for Success in Fire Prevention and Signs MoU for Fire-Free Village Programme at World Environment Day Celebration in Jambi

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SINGAPORE, Aug. 21, 2024 /PRNewswire/ — Asian Agri, a member of the RGE group of companies, recently awarded Desa Semambu Village in Jambi, Indonesia for their exemplary fire-free efforts during the World Environment Day celebration.

This recognition highlights the village’s commitment to preventing fires in their area throughout 2023 as part of the Asian Agri’s Fire-Free Village Programme (FFVP). By acknowledging and supporting these initiatives, Asian Agri, through its business unit PT Rigunas Agri Utama (PT RAU), aims to encourage more communities to adopt fire-free practices and contribute to a healthier and more sustainable environment.

The award presentation coincided with the World Environment Day event organised by the Jambi Provincial Environment Department in Perintis Village, Rimbo Bujang District in Tebo, on 11 July 2024.

As part of the award ceremony, PT RAU signed a joint agreement for the 2024-2025 FFVP with five villages located around the company’s concession areas: Semambu Village, Suosuo Village, Teriti Village, Tuo Sumay Village and Muara Sekalo Village. The signing was witnessed by the Acting Regent of Tebo, Varial Adhi Putra.

“Signing this joint agreement represents a mutual agreement between Asian Agri and the stakeholders including village officials, local government and other relevant agencies to maintain these areas free from fires,” said the Manager of Sustainability Operations and CSR at Asian Agri, Putu Grhyate Yonata Aksa.

The Governor of Jambi, Al Haris, also expressed his appreciation to Asian Agri and its business units. “We extend our gratitude to Asian Agri and other companies for their efforts in supporting villages to be fire-free. We hope that Semambu Village will continue to protect its area from forest and land fires and inspire other villages to prevent disasters. With good collaboration between the Jambi provincial government and the companies, we can safeguard our region from the danger of fires,” he said.

The FFVP award was presented by the Social Security and License (SSL) Manager of Asian Agri Jambi Region, Liharman Purba, to the Head of Semambu Village, Heriantoni, and witnessed by the Governor of Jambi, Al Haris, and Acting Regent of Tebo, Varial Adhi Putra.

Heriantoni expressed his gratitude to Asian Agri for the award and said, “We will use this award to improve the village’s facilities and infrastructure to continue preventing forest and land fires. We hope to maintain the status of a fire-free village next year.”

Acting Regent of Tebo, Varial Adhi Putra, added, “The FFVP is a response to the recurring forest and land fires. Villages that successfully keep their areas fire-free are given awards and incentives. As the district government, we hope the villages will work together to protect their areas from forest fires and also to preserve the environment.”

SSL Manager of Asian Agri Jambi Region, Liharman Purba further explained that the FFVP is one of Asian Agri’s community initiatives to respond to the impact of forest and land fires. “We congratulate Semambu Village for their success in safeguarding their area from forest and land fires for two consecutive years. We hope that the village can continue its efforts to protect itself from fire hazards this year and in the years to come,” he said.

The FFVP programme was introduced in 2016 as part of Asian Agri’s commitment to implementing a “zero burning” policy that has been in place since 1994. The FFVP programme aims to collaborate with the local communities to raise awareness and vigilance against fire hazards as well as to provide alternative, more cost-effective methods for land clearing without using fire.

Under the FFVP programme, Asian Agri facilitates and supports surrounding villages to understand the negative impacts of forest and land fires, encouraging them to actively participate in preventing fires within their communities. The programme also aims to cultivate village residents’ awareness of fire hazards and empower them to be at the forefront of fire prevention efforts in their villages.

About Asian Agri – www.asianagri.com 

Asian Agri is one of Indonesia’s leading national private companies producing crude palm oil (CPO) since 1979. To date, Asian Agri manages 100,000 hectares of oil palm plantations and employs over 20,000 people.

As a pioneer of the Indonesian Government’s Smallholder Transmigration Core Plantation Program (PIR-Trans), Asian Agri has partnered with 30,000 plasma smallholders in Riau and Jambi who manage 60,000 hectares of oil palm plantations. Additionally, the company fosters partnerships with independent smallholders to bring positive impacts on their welfare and economic improvement.

By implementing a zero-burning policy and sustainable plantation management practices, Asian Agri helps smallholders increase productivity, crop yields, supply chain traceability and supports them in obtaining certifications. Asian Agri’s factories utilise state-of-the-art technology harnessing self-generated green energy to minimize greenhouse gas emissions.

All business units under the umbrella of Asian Agri have obtained ISPO (Indonesian Sustainable Palm Oil) certification. Currently, Asian Agri’s core plantations in North Sumatra, Riau, and Jambi provinces, as well as plasma smallholders plantations in Riau and Jambi provinces, are 100% RSPO (Roundtable on Sustainable Palm Oil) certified. Simultaneously, ISCC (International Sustainability & Carbon Certification) has been achieved for all plantations owned by Asian Agri and its partner farmers.

Asian Agri’s success as one of the leading CPO producers has been internationally recognised with ISO 14001 certification for all its operations. The Learning Institute in Pelalawan, Riau, and the seedling center in Kampar, Riau, are also ISO 9001 certified. Furthermore, Asian Agri’s research and development centre in Tebing Tinggi has been certified by the International Plant-Analytical Exchange at the WEPAL lab at Wageningen University in the Netherlands, ensuring high standards.

Media Contact
Fika Frieda Auliany
Corporate Communications, Asian Agri
Email: fika_auliany@asianagri.com 

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SOURCE RGE

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Caladium Systems Launches Happiffie, India’s First AI-powered Celebration Platform

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CHENNAI, India, July 24, 2026 /PRNewswire/ — Caladium Systems today announced the launch of Happiffie, India’s first AI-powered Celebration Growth Platform, introducing a smarter way for customers to discover, compare, book, and manage celebrations while helping businesses connect with high-intent customers through intelligent technology.

Designed for weddings, birthdays, corporate events, social celebrations, parties, festivals, and more, Happiffie brings together over 400 celebration occasions and 1,000+ celebration experiences on a single AI-powered platform.

India’s celebrations industry continues to rely heavily on referrals, manual coordination, inconsistent pricing, and fragmented vendor discovery. Happiffie addresses these challenges by combining AI-powered recommendations, transparent price discovery, secure bookings, payments, and event management into one seamless platform.

A key innovation is Happiffie’s Reverse Auction, where customers simply submit their celebration requirements and verified vendors compete by offering customised proposals. Instead of spending hours searching and negotiating, customers can compare multiple qualified offers and choose the vendor that best matches their preferences and budget.

“Customers can now book the experience of their choice with the vendor of their choice, in the budget of their choice. At the same time, vendors receive qualified business opportunities matched to their category, location and capabilities, creating value for both sides of the marketplace,” said Pradhyumna T Venkat, Founder & CEO, Happiffie.

“Every major industry eventually reaches a point where technology fundamentally changes how it operates. Travel did. Hospitality did. Mobility did. We believe celebrations are next,” added Pradhyumna.

The platform is powered by Experience Intelligence™, a proprietary framework that combines over 15 years of celebration industry expertise with Artificial Intelligence to deliver smarter recommendations based on customer intent, preferences, and celebration needs.

Whether planning a wedding, birthday, corporate event, baby shower, anniversary, or festival celebration, customers can manage the entire journey—from vendor discovery and quotations to payments and execution—through a single platform.

Alongside its launch, Happiffie has opened registrations for vendor partners across Chennai and Tamil Nadu, with a phased expansion planned across India. The platform aims to build one of the country’s largest AI-powered celebration ecosystems, helping businesses generate qualified leads and grow more efficiently.

“Our vision is not simply to build another marketplace but to create the technology infrastructure that powers celebrations. Reverse Auction is the first step towards building a smarter, more transparent, and AI-driven celebration economy that benefits both customers and businesses alike,” added Pradhyumna.

Built on the experience of planning and executing over 5,000 weddings and celebrations, Happiffie combines deep industry expertise with AI to simplify celebration planning and transform how India celebrates.

For more information, visit www.happiffie.com. Vendor registrations are now open at www.happiffie.com/vendor-registration.

About Happiffie

Happiffie is India’s first AI-powered Celebration Platform, connecting customers, venues, event professionals, and celebration businesses through one intelligent ecosystem. Built on over 15 years of industry expertise, the platform combines Artificial Intelligence with Experience Intelligence™ to deliver smarter celebration planning across more than 1,000 celebration experiences spanning weddings, corporate events, birthdays, social celebrations, parties, and festivals.

Contact

Pradhyumna T Venkat
Founder & CEO
pradhyumna@happiffie.com
+91-7299002990

Logo: https://mma.prnewswire.com/media/3007635/Happiffie_Logo.jpg

 

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Beko Publishes 2025 Integrated Report, Charting Years of Progress Toward Net Zero

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As Beko releases its 2025 Integrated Report, the company’s third consecutive inclusion on TIME’s global sustainability ranking — retaining the #1 position in its industry — underscores the progress documented within it.

ISTANBUL, July 24, 2026 /PRNewswire/ — Beko published its 2025 Integrated Report, offering a comprehensive account of the company’s financial, environmental and social performance over the past year. In parallel, Beko has been named one of TIME Magazine’s World’s Most Sustainable Companies for the third year running, retaining the #1 position in its industry. The recognition, awarded in partnership with Statista, independently corroborates years of deliberate, measurable progress.

The report documents concrete results across Beko’s global manufacturing footprint. In 2025:

Energy efficiency projects across production sites saved 69,562 GJ of energy, avoiding 5,297 tonnes of CO₂e emissions.Waste recycling across all manufacturing facilities reached 98.6%, against a target of 99%.Renewable energy installed capacity reached 96 MWp, up from 90.2 MWp the prior year. Beko also reached 63.5% green electricity on the path to 100% across all manufacturing by 2030.Water efficiency and rainwater harvesting projects across locations delivered total water savings of 219,114 m3.

Behind these figures is a broader manufacturing transformation. Three of Beko’s manufacturing facilities have been recognised within the World Economic Forum’s Global Lighthouse Network, with the Ulmi plant earning the additional, and rarer, designation of Sustainability Lighthouse. The principles behind Ulmi’s approach are being extended across Beko’s broader manufacturing ecosystem, as the company scales low-impact production. Beko currently operates 13 smart factories globally — equipped with artificial intelligence, machine learning and robotics capabilities — with a target of 17 by the end of 2026.

On the circular economy side, Beko’s refurbishment centres across multiple locations reintroduced more than 148,000 appliances into the market in 2025 alone. The company recycled 1.98 million WEEE units through its own recycling facilities since 2014, and used 31,665 tonnes of recycled plastics in its products in 2025.

Across its product portfolio, 72.6% of Beko’s turnover in 2025 came from low-carbon products — a figure that reflects both the scale of the company’s energy-efficient product range and growing consumer demand for appliances that address environmental concerns.

“Being recognised by TIME three years in a row matters because it reflects that sustainability is a foundational part of Beko’s business,” said Can Dinçer, CEO of Beko. “Our factories undergo a twin transformation where we encounter both decarbonization and digitalization. That progress is deliberate and measurable, and our Integrated Report sets out exactly how. As the world prepares for COP31, the most credible thing a company can do is demonstrate its work rather than declare it. That is what we are doing.”

TIME’s annual list evaluates more than 5,000 companies worldwide across environmental and social performance, transparency and ESG reporting. Beko’s continued inclusion under increasingly rigorous standards points to a business model where sustainability is structurally embedded across operations, supply chains and product portfolios.

In addition to its Integrated Report, the Company has also published its second TSRS-compliant sustainability report, prepared in accordance with the Türkiye Sustainability Reporting Standards (TSRS), Türkiye’s adoption of the IFRS Sustainability Disclosure Standards issued by the International Sustainability Standards Board (ISSB). The report is publicly available and provides detailed disclosures on the company’s climate-related risks, opportunities, governance, strategy and performance.

About Beko

Beko is an international home appliance company with a strong global presence, operating through subsidiaries in more than 55 countries with a workforce of around 45,000 employees and production facilities spanning multiple regions—including Europe, Asia, Africa, and the Middle East. Beko has 22 brands owned or used with a limited license (Arçelik, Beko, Whirlpool*, Grundig, Hotpoint, Arctic, Ariston*, Leisure, Indesit, Blomberg, Defy, Dawlance, Hitachi*, Voltas Beko, Singer*, ElektraBregenz, Flavel, Bauknecht, Privileg, Altus, Ignis, Polar). Beko is the largest white goods company in Europe with its market share (based on volumes) and reached a consolidated turnover of 10.7 billion Euros in 2025. Beko’s 28 R&D and Design Centers & Offices across the globe are home to over 2,000 R&D employees and hold more than 4,500 international registered patent applications to date. The company has achieved the highest score in the S&P Global Corporate Sustainability Assessment (CSA) in the DHP Household Durables industry for the seventh consecutive year (based on the results dated 16 October 2025).** The company has been recognized as the 89th most sustainable company on TIME Magazine and Statista’s 2026 list of the World’s Most Sustainable Companies and has been the sector leader for three consecutive years. Beko’s vision is ‘Respecting the World, Respected Worldwide.’ 

www.bekocorporate.com

*Licensee limited to certain jurisdictions.
**The data presented belongs to Arçelik A.Ş., a parent company of Beko.

 

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SOURCE Beko

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JustMarkets Releases Market Analysis on How Foreign Exchange Markets React to CPI Surprises

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HO CHI MINH CITY, Vietnam, July 24, 2026 /PRNewswire/ — JustMarkets today released a new market analysis examining how foreign exchange markets react to Consumer Price Index (CPI) surprises and outlining key considerations for traders preparing for inflation data releases. The analysis explains why the gap between actual CPI data and market expectations, rather than the headline inflation figure itself, is often the primary driver of currency market movements.

What people often miss on CPI day is that the number itself isn’t what moves the market. The common reaction is to check whether the headline number is high or low, but it’s all priced in advance. According to JustMarkets, the real driver of EUR/USD is the gap between the actual number and what the market was positioned for.

Even an unchanged reading can cause dollar weakness if traders expect higher inflation, while weaker numbers that beat consensus expectations may drive dollar strength. Citing Federal Reserve research, the price driver is a surprise component rather than the headline.

Why the Expectation Gap Is More Important Than the Level

Forex is driven by expectations for interest rate decisions, with inflation impacting central bank policy. Key factors influencing this reaction include:

Main factors:

Monthly CPI and core CPICore services inflationRevisions to the previous period dataCentral banks policy pricing

Year-over-year data is less important in terms of price impact than monthly and core data.

How to Calculate Surprise

Start with the simplest metric: Surprise = Actual CPI − Consensus CPI. 

Consensus comes from the economic calendar’s forecast and reflects the market positioning. And then you need to check the market reaction through rates. The sequence typically runs: CPI surprise → change in front-end yields → USD movement → the sentiment adjustment.

Traders frequently employ this methodology in combination with the JustMarkets Economic Calendar to track high-impact releases in real time.

What the Intraday Move Actually Looks Like

CPI reactions usually happen in three stages. The first one is a headline shock with the potential algorithm’s reaction within a few seconds. Then comes the interpretation stage, with a time frame of 15-60 minutes and analysis of core numbers and yield confirmation. And then either continuation or reversal happens.

Approaches to Trading CPI Day

There are two common approaches to CPI.

The momentum approach requires the consistency of headlines and core surprises with yields’ confirmation. Most traders wait until the first minute’s candle is closed to avoid false signals.The fade approach requires dislocations like the absence of yield confirmation to FX movement or dislocations between headlines and core numbers. In this case, traders wait 10−20 minutes for exhaustion of the initial move and reversal setup search.

Risk management is crucial. Most traders limit their position size to 0.25%-0.50% of their equity because of widening spreads and slippage. Sometimes the decision to trade off is more optimal during extreme volatility than forced entry.

One Way to Prepare for the Next CPI Day Release

A simple way to get ready is to monitor EUR/USD, GBP/USD, USD/JPY pairs and an economic calendar with events’ importance. The workflow is simple: Economic calendar → release → Trading platform.

The final step brings traders to the execution platform. Many turn to JustMarkets, which offers CFDs on these currency pairs, with execution stability and fast market access that make it well suited for high-volatility macro events.

Disclaimer: For informational purposes only. Trading financial instruments involves significant risk and may not be suitable for all investors. Ensure you understand the risks involved and trade responsibly.

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SOURCE Just Global Markets Ltd

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