By Guillermo Saavedra/Diálogo December 09, 2020 The Chilean government is boosting its space program with a new National Satellite System. The project, which Chilean President Sebastián Piñera announced in October, will include the launch of three satellites and will also have three ground stations to receive data and information.The initiative, led by the Chilean Air Force (FACh, in Spanish), coordinates and integrates activities of the Ministry of Defense, the FACh, and the Ministry of Sciences to promote scientific research and national industry development, and also to support search and rescue systems, maritime surveillance, the protection of natural resources, and climate and environmental monitoring.“This network of three satellites will enable us to observe the Earth and our country with a broad spectral range, not only visual, but also with infrared. In addition, its orbit will be under our country’s sovereign control,” Piñera told the press.“With these new satellites, ‘we will be able to pierce the clouds’ to analyze the captured images with different frequency ranges, even to detect objects larger than one meter, as well as [to detect] whether they have caloric emissions, or whether it’s an organic or inorganic matter, for example,” Colonel Claudio Alcázar, FACh Communications chief, told Diálogo.The first satellite will be launched into space and will be operational within a year, replacing the functions of the Fasat-Charlie satellite, which completed its life span, the Chilean newspaper La Tercera reported. Launched in 2011, the Fasat-Charlie put Chile at the forefront of space presence in Latin America. But the country soon fell behind, overtaken by Peru, Bolivia, and even Venezuela, Héctor Gutiérrez, president of the Chilean Space Association, told the newspaper.The project also envisions the manufacture and launch of two new satellites, one of which will be built in Chile. The three satellites will form a national satellite constellation. The program will also complement the information these satellites receive with access to other satellite constellations, Air Force Brigadier General Francisco Torres, head of FACh Space Affairs, explained.“It’s crucial for our country to have autonomy over the information gathered with our own satellites […]. At the same time, it’s important to set up agreements with other countries that place their satellites over Chile when ours are in other parts of the world,” Brig. Gen. Torres told Diálogo.Three ground stations located in Antofagasta, Santiago, and Punta Arenas will receive the information from these satellites and will provide information and data to an advanced geospatial data processing center. The center of operations will be located at the FACh’s Cerrillos Air Base, in Santiago.The new system will also lead to the creation of seven micro-satellites with the participation of the defense sector, the academic arena, and the national industry, to contribute to Chilean technological development.
State-owned Bank Rakyat Indonesia (BRI), the nation’s most profitable lender, announced on Tuesday a plan to distribute Rp 20.6 trillion (US$ 1.5 billion) in dividends to its shareholders.The dividends are equal to 60 percent of the bank’s profits of Rp 34.4 trillion, higher than last year’s dividend payout ratio of 50 percent. This means that the value of the dividend of each share will be Rp 168.1, 27.2 percent higher than last year’s dividend of Rp 132.2 per share.BRI, the biggest state bank by market value, also recorded a 6.1 percent yoy increase in earnings per share (EPS) in 2019 of Rp 279 compared with the 2018 EPS of Rp 263. BRI president director Soenarso said on Tuesday that the government, which holds a 56.75 percent stake in BRI, would receive a total of Rp 11.7 trillion of the dividend.“The remaining 40 percent of our profits will be used as retained earnings,” he said during a press briefing after the annual general shareholders’ meeting in Jakarta.BRI’s profits of Rp 34.4 trillion were the lowest in two years as lending growth slowed and the bank recorded a significant rise in bad loans last year, against the backdrop of the global and domestic economic slowdown.Lending grew 8.44 percent yoy in 2019 to Rp 908.88 trillion versus 14 percent yoy in 2018. Net interest income grew 5.2 percent to Rp 81.7 trillion in 2019, slower than the 6.35 percent in 2018. Bad loans as indicated by the non-performing loans (NPL) ratio rose to 2.8 percent last year from 2.27 percent in 2018. Read also: BRI profits slumps as bad credit rises in 2019 The shareholders meeting also agreed to appoint Deputy State-Owned Enterprises (SOEs) Minister Kartika “Tiko” Wirjoatmodjo as the bank’s new president commissioner, replacing Andrinof A. Chaniago.It also appointed University of Indonesia (UI) rector and renowned economist Ari Kuncoro as the bank’s deputy president commissioner, who will also act as an independent commissioner, replacing Wahyu Kuncoro.The bank also made changes to its board of directors as it appointed Wisto Prihadi as the bank’s compliance director. The position was previously held by Azizatun Azhimah.SOE Minister Erick Thohir said last week that the ministry would shake up three state banks during their respective shareholders’ meetings that will take place this week, namely BRI, Bank Mandiri and Bank Negara Indonesia (BNI).”It’s normal as long as we can see someone who has great expertise,” Erick said, brushing off concerns about an “overhaul” of state enterprises.Bank Mandiri’s shareholders’ meeting will take place today (Wednesday) and BNI’s on Thursday.Read also: Erick Thohir to shake up executives at state lendersShares in BRI, traded under the code BBRI, closed at Rp 4,400 apiece on Tuesday, down 1.57 percent from the previous trading day. The stocks have risen 12.5 percent in the past year, easily outperforming the broader benchmark Jakarta Composite Index’s (JCI) 9 percent drop.Topics :
The Gusting Seminar is a campus journalism fellowship hosted by the USA Publications held on Sept 21. Members of the University of San Agustin Publications hand over a certificate to Panay News photojournalist Ian Paul Cordero (far right). He is one of the lecturers during the 10th Gusting Journalism Seminar and Workshop on Sept. 21. Photo Courtesy by University of San Agustin Publication. ILOILO City – Seasoned Panay News photojournalist Ian Paul Cordero shared his expertise to over a hundred student journalists during the University of San Agustin (USA) Publications’ 10th Gusting Journalism Seminar and Workshop. During the workshop, Cordero highlighted the importance of basic techniques and photojournalism ethics during his talk – dubbed “Through the eyes, beyond the lens.” The event themed “PENumbra: Finding Light Among the Shadows Thrugh Campus Journalism” consisted of several seminars featuring the leading journalists in Western Visayas, where they shared their expertise to students of the USA and its affiliated schools./PN
Sponsorship deals reflect an interdependent relationship between external companies and football clubs. Companies need football clubs to promote their brand, using football shirts as advertising boards amongst others, while football clubs need companies to generate sufficient income to boost their finances and potential growth.By sponsoring Rivers United, Eunisell, a leading global chemical and specialty fluid management company, has displayed its unwavering commitment to the development of domestic football in the country. No doubt, it is a pioneering feat for Eunisell as it continues to play a significant role in creating a brand profile for Nigeria Professional Football League side, Rivers United, formed following the merger of two clubs: Sharks and Dolphins, in 2016.There is a limit to government funding of the club and that explains the presence of a corporate sponsor, who in turn boosts the clubs revenue base.In only one year into its existence and sponsorship from Eunisell, Rivers United made an audacious bid for the Nigerian title, but narrowly lost to rivals, Rangers.Rivers finished behind Rangers to earn a place in Africa.As a strategic player supplying key products and solutions to a wide base of customers operating in Africa, Eunisell backed Rivers United financially in its bid to make an impact in the continent, this year. Rivers United emerged the only Nigerian team to reach the group stage of continental football this year.Interestingly, there is also the brand connection as both share blue as colours.Social MediaWith #EunisellFootball, Eunisell continues to evolve a brand profile for the Rivers United via Social Media.FansThe Rivers United brand continues to evolve as it now appeals to an increasing number of fans in its area of influence and beyond, thanks to the energy of Eunisell.Statistics reveal an increase in match day attendance for Rivers United compared to the past when it functioned as Dolphins.Expectedly, the presence of Eunisell on the clubâ€™s shirt has created an emotional link with fans, who now see reasons to embrace club official shirts.Eunisell Sponsorship HistoryThis is the second year of Eunisellâ€™s front-of-shirt sponsorship of the Port-Harcourt side and third year as a front-of-shirt sponsor, since venturing into the NPFL with now disbanded Sharks, in 2015.Indeed, it is already three years for Eunisell and a league record as the longest sponsor of a club in the NPFL. Interestingly, Eunisell remains the only sponsor to announce a bonus to a team since organised league kicked off in the Nigeria in 1972.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram