#Indonesia Accounting Firm

[3eid882]

Phone: +62 212 7899 756

Address: Menara BCA, Jl. M.H. Thamrin No.1 Lantai 50, Menteng, Kec. Menteng, Kota Jakarta Pusat, Daerah Khusus Ibukota Jakarta 10310, Indonesia

Email: info@3ecpa.co.id

PT 3E Accounting Services, Indonesia is a corporate service provider and accounting firm dedicated to assisting clients with company formation and incorporation. We offer comprehensive company secretarial and business-related services across Indonesia.

[jamesvince9898]

PT 3E Accounting Services: Your Trusted Accounting Firm and Indonesia Company Formation Specialist

Introduction: PT 3E Accounting Services is a leading accounting firm in Indonesia, offering tailored financial, corporate, and business solutions. Recognized as a trusted partner for enterprises of all sizes, our team excels in providing comprehensive services for company formation, SME support, and business setup in Indonesia. Whether you’re looking for an "accounting firm near me" or require a specialized Indonesia company setup specialist, we are here to ensure seamless operations for your business.

Comprehensive Accounting Services

At PT 3E Accounting Services, we provide a full range of accounting solutions tailored to meet the unique needs of businesses in Indonesia. Our services include bookkeeping, financial statement preparation, and tax compliance. With a focus on accuracy and efficiency, we help businesses maintain clean financial records, ensuring compliance with local regulations.

Why Choose Our Accounting Firm?

Expert Knowledge: With years of experience in the Indonesian market, we deliver accurate and timely accounting services.

Tailored Solutions: We provide personalized accounting support that aligns with your business goals.

Affordable Rates: Our pricing is designed to support businesses of all sizes, from startups to established enterprises.

"Accounting Firm Near Me" – Accessibility Matters

For businesses searching for an "accounting firm near me," PT 3E Accounting Services offers a reliable local presence. Our strategic location ensures easy access for clients seeking hands-on assistance or in-person consultations. Whether you're based in Jakarta, Surabaya, Bali, or other regions, our team is ready to support you.

Key Benefits:

Proximity and Convenience: Enjoy quick access to our office for seamless collaboration.

Local Expertise: Tap into our in-depth knowledge of Indonesia’s financial regulations.

Personalized Service: We take the time to understand the specific needs of your business.

Indonesia Company Formation Specialist

Navigating the process of starting a business in Indonesia can be complex, but our expertise as an Indonesia company formation specialist simplifies every step. From entity selection to legal documentation and compliance, we provide end-to-end guidance.

Our Services Include:

Business Entity Selection: Assistance in choosing between PT (Perseroan Terbatas), representative offices, or foreign-owned companies (PMA).

Company Registration: Complete support with Indonesia’s company registration requirements.

Licensing and Permits: Help with obtaining necessary operational licenses.

Bank Account Setup: Assistance in opening corporate bank accounts in Indonesia.

Why PT 3E Accounting Services?

Fast Processing: Speed up your company formation process with our expert team.

Compliance Assurance: Avoid legal pitfalls with our thorough understanding of local laws.

Tailored Guidance: Receive solutions that fit your business objectives and industry.

Supporting SMEs as Indonesia SME Support Specialist

Small and medium enterprises (SMEs) form the backbone of Indonesia’s economy, and we pride ourselves on being an Indonesia SME support specialist. From financial planning to operational optimization, we empower SMEs to grow and thrive in a competitive market.

Services for SMEs:

Tax Filing and Compliance: Simplifying tax obligations for your SME.

Payroll Management: Efficient payroll solutions to ensure accurate employee payments.

Financial Advisory: Strategic financial planning to drive sustainable growth.

Business Process Optimization: Streamlining operations for maximum efficiency.

Advantages for SMEs:

Cost-Effective Solutions: Affordable services designed for small businesses.

Local Knowledge: Expertise in navigating regulations affecting SMEs.

Dedicated Support: A team focused on your success.

Indonesia Company Setup Specialist

As an Indonesia company setup specialist, PT 3E Accounting Services provides all the tools and resources you need to establish a strong foundation for your business. Setting up a business in Indonesia involves understanding regulatory requirements, cultural nuances, and operational frameworks. We make this process simple and efficient.

What We Offer:

Initial Consultation: Understanding your business vision and advising on the best setup options.

Legal Compliance: Ensuring your business complies with Indonesia’s laws and standards.

Tax Registration: Handling tax identification numbers (NPWP) and VAT registrations.

Human Resource Services: Assisting in recruiting and onboarding staff for your business.

Why Work With Us?

End-to-End Support: From registration to operational setup, we cover it all.

Experienced Professionals: Work with a team that has in-depth market insights.

Long-Term Partnership: We remain a reliable partner as your business grows.

Added Value for International Investors

Indonesia is an attractive destination for foreign investors due to its dynamic market and growing economy. PT 3E Accounting Services specializes in assisting international clients with company formation and accounting needs.

Services for Foreign Clients:

Market Entry Strategy: Insights into Indonesia’s business landscape.

Cross-Border Taxation: Guidance on managing tax obligations across jurisdictions.

Regulatory Updates: Keeping you informed of changes in Indonesian laws.

Key Highlights:

Multilingual Support: Communication in English, Bahasa Indonesia, and other languages.

Cultural Understanding: Expertise in bridging gaps between global and local business practices.

Why PT 3E Accounting Services Stands Out

Holistic Services: We offer a one-stop solution for accounting, tax, and company setup needs.

Experienced Team: Our professionals bring deep expertise and a client-centric approach.

Proactive Guidance: We identify potential challenges and provide strategic solutions.

Commitment to Excellence: We prioritize accuracy, compliance, and transparency in all our services.

Partner With Us Today

Whether you're a budding entrepreneur, an established business owner, or an international investor, PT 3E Accounting Services is your go-to partner for reliable and efficient business solutions. From searching for an "accounting firm near me" to working with an Indonesia company formation specialist, we are here to help you achieve your business aspirations in Indonesia.

[solarpunkbusiness]

The pandemic was a “big pivot” for Bali, says Lauren Blasco of AC Ventures, a Bali-based early-stage technology venture fund. Blasco, who is head of environment, social and governance (ESG) at the venture capital firm, adds that entrepreneurs who would otherwise set up in Singapore or Jakarta chose Bali, plugging into the island’s half-decent wi-fi and well-equipped co-working spaces as remote work graduated from pandemic-time necessity to accepted business practice.

From hard-nosed investors looking to turn a fast buck from Indonesia’s multi-billion dollar sustainable business opportunity to “woo-woo” fly-by-nighters dabbling in alternative healing and spiritual psycho-babble, Bali is home to a colourful concoction of green startups of all different derivations, sizes and shades of credibility.

“It’s a crazy spectrum,” says Christian Oechtering, a German early-stage investor with an interest in sustainability, wellness, hospitality and psychedelics. “One minute you’re talking to a Russian billionaire building an eco-village, the next a former Amsterdam drug dealer turned life coach.”

There are two types of eco-preneurs in Bali: “inspirators” and “aspirators”, says Oechtering. Inspirators are switched-on entrepreneurs looking to make a genuine difference, aspirators are less credible dreamers living in a bubble – and aspirators outnumber inspirators by two to one in Bali, reckons Oechtering.

“You have to be careful who you work with. You don’t want to squander your time here,” he says.

Bali is a natural launchpad for conscious startups because of its unique cultural identity,says Blasco. Rooted in the island’s philosophy is the saying Nangun Sat Kerthi Loka Bali, which roughly translates to respecting nature and culture to make Bali prosperous. In that sense, new enterprises that work on conserving the island’s natural beauty have a head start, says Toshihiro Nakamura, a former United Nations executive who co-founded Kopernik, an Ubud-based research and development lab for startups working on social and environmental problems.

It helps that the government wants to diversify Bali’s economy beyond tourism. Haunted by the lean pandemic years of empty hotels and barren beaches, when Bali’s economy was hit harder than any province in Indonesia, the local authorities have signalled an intention to attract greener industries and reduce the island’s reliance on tourism, which accounts for 60 to 80 per cent of the local economy. 

[judasgot-it]

Hey guys... sugar daddy Nanami?

_________________________________________

Had you been someone else, this could legally be classified as "stalking" or "harassment" under the field of law.

But you were different. You weren't just a regular ol' nobody off the streets.

You were the person who you knew, once you finally got the courage to talk to him, would finally be able to live your lavish dreams.

Nanami wasn't just a normal man. Everything about him screamed that he was rich.

His suit? It was tailored, specifically from a tailor in Indonesia that was more than experienced.

His hair? You'd never seen it look messy. Where you worked, you'd seen rich salary men of all types have bad days. Not Nanami.

His tie was also custom. A man who could pull off print must be special.

Having him wasn't a want. It was a need.

So you had found that the one consistency he had in his life was a bakery. Rather normal, but you didn't know his exact job. Mafia? Banker? Maybe he liked the food there.

Whatever it was, you were going to get closer to him. God be damned.

It was easy to get a job anyway. You were overqualified - you had a degree, although it was rather useless. No one really cared for graphic design artists these days.

But the small bakery, just on the corner of a hidden street was hiring. An easy job to get, and it was perfect - Nanami loved that place, you knew because you followed him into that store every day. You would sit, across the street where the pigeons would perch, and watch him as he ordered his daily order of fresh bread.

Usually, you would try to think of stupid reasons to talk to him.

Trip and fall? Possibly, but you also liked your clothes too much to risk ruining them.

Hire a robber? You don't know if he would help, or trust that the person you hired off of Craigslist would actually not steal from you.

Go and actually talk to him? Sounds stupid...

So, being employed was your only option. You actually needed a job anyway, since the money from your last sugar daddy was drying up, but it was all good. Nanami seemed perfect. His pants were totally packing fat stacks of cash.

So that led you to now. This was your moment.

After months of using alternate accounts to message him on Facebook and LinkedIn, you found out exactly how to approach him. He was a man of culture, a man of good taste in bread, and you were well acquainted in trapping men into spending money on you.

Now was for him to get into your trap.

You were the only person working the cash register at the moment. It was unavoidable that he would talk to you. The bakery also had a lax dress code; you had the perfect outfit that he could see, based entirely on what you knew he liked.

So when he came, at the same time that he did every day, you were ready. Like a predator primed for its prey.

He saw you, noticing that you were new. There was a slight hesitation in his movements, but he was perfect at playing cool. He simply walked up to the register, ready to order.

The bakery was empty since it was in a relatively slow part of the city. Tucked and hidden away, he really knew how to choose the right spot. You were glad you were alone with him.

He tugged slightly at his tie - oh that dirty, dirty boy!

"Sorry can, I have a uh."

The blond paused for a second, licking his lips. They were a little dry, but that was fine. You already knew this fine detail about him, and prepared to give him yours.

He was bound to want you.

"I apologize, but can you lean your head forward a bit?"

There was a pause as you blinked at the man. Hesitantly, you complied.

"Like this?"

"Yeah, just stay calm."

Was this some sort of power play? Was he going to put his dick in your mouth?

The thought of that brought a small smile to your face.

But disappointingly, all you felt instead was a firm pat on your head Nanami's (frankly large) hand slapped it.

"Ow!"

"Sorry. There was a spider, I didn't want you to freak out and hurt the bread."

Nanami was looking at you as his hand was shaking. Was he scared of spiders or something?

"Do you want me to go put it outside for you?"

He frantically shook his head, turning towards the door.

"I don't believe in food contamination. I'll be back in a bit, just give me a moment. The spider is trying to fight back."

You couldn't respond after that, since the man ran outside to presumably release it.

What did he mean by it fighting back?

Whatever. You could wait for a couple of minutes.

After all, it gave you ample time to figure out your next course of action.

Should you drop a pick-up line to get his number? Technically you already had it, but you should still get it under normal means.

This was important. This man was gonna pay your bills since, you really couldn't ignore how behind you were on rent anymore.

Was he sexy? Yes. His money? Even sexier.

Those numbers really get a pussy revving.

Although as you stood there, leaning against the counter, you waited. And waited.

And waited.

It was most likely only 5 minutes but for you it felt more like forever. You were already close to the end of your shift, so why did he have the gall drag things out for so long?

But you were no ambush predator.

These things took time and patience.

So you would continue to wait.

.

Even as it lasted until past your closing time.

It was specially 2 minutes and 47 seconds past that, when you saw Nanami walk past your storefront.

You kept it open. Just for him.

Sometimes these call for desperate measures.

So, swallowing what little pride you had left (next to none) you ran after him, calling out to him as if there weren't pedestrians trying to mind their own business.

The bastard even had the gall to look at you as if you were crazy. You? Crazy?

No.

He was the one who forgot his brioche.

"How did you know I'd order brioche?"

Nanami was acting as if he some dark secret was found about his past. Not an obvious fact that anyone could find stalking his friends Facebook pages.

"You just."

Trying to make up a flimsy excuse on the spot was sometimes hard. It's a skill to be a liar.

"You look like a brioche guy."

Nanami looked at you from his exhausted eyes, carefully staring at the bag in your hands. You pushed it toward him, not letting him get away with a 'no'.

Carefully taking the bag from your hand, your fingers brushed slightly. The man smiled a soft smile at you before whispering cursed words you wouldn't ever forget -

"I'm not paying for this."

After that. He simply walked away.

You weren't sure if you wanted to see him again after that.

If he didn't want to pay for a fucking brioche, was he even going to pay for your rent?

You might be actually fucked.

Anyway, sorry for this, I'm not putting Mr. Beast over here since I can't find the image :( so here's this beautiful reigo ship edit I found on Twitter. I like to think y/n was depressed it didn't work out, so they took her out for mcdonalds (they'll let y/n live in the walls if worse comes to worse)

[nearmidnightannex]

Rolling Stone goes IN on Kissinger

Their coverage is strikingly different from almost all of the rest of the US and most western media.

Whoever wrote the Daily Mail eulogy linked in the second Rolling Stone article is on the shiny shiny drugs. Also, the recommended tags that popped up for this were ... amusing, let's say.

Presented without further comment.

GOOD RIDDANCE Henry Kissinger, War Criminal Beloved by America’s Ruling Class, Finally Dies (rollingstone.com) The infamy of Nixon's foreign-policy architect sits, eternally, beside that of history's worst mass murderers. A deeper shame attaches to the country that celebrates him BY SPENCER ACKERMAN NOVEMBER 29, 2023

Henry Kissinger died on Wednesday at his home in Connecticut, his consulting firm said in a statement. The notorious war criminal was 100.

Measuring purely by confirmed kills, the worst mass murderer ever executed by the United States was the white-supremacist terrorist Timothy McVeigh. On April 19, 1995, McVeigh detonated a massive bomb at the Murrah federal building in Oklahoma City, killing 168 people, including 19 children. The government killed McVeigh by lethal injection in June 2001. [...]

McVeigh, who in his own psychotic way thought he was saving America, never remotely killed on the scale of Kissinger, the most revered American grand strategist of the second half of the 20th century.

The Yale University historian Greg Grandin, author of the biography Kissinger’s Shadow, estimates that Kissinger’s actions from 1969 through 1976, a period of eight brief years when Kissinger made Richard Nixon’s and then Gerald Ford’s foreign policy as national security adviser and secretary of state, meant the end of between three and four million people. That includes “crimes of commission,” he explained, as in Cambodia and Chile, and omission, like greenlighting Indonesia’s bloodshed in East Timor; Pakistan’s bloodshed in Bangladesh; and the inauguration of an American tradition of using and then abandoning the Kurds....

ZERO ACCOUNTABILITY Media, Conservatives Team Up to Lionize War Criminal Henry Kissinger The notorious U.S. diplomat responsible for millions of deaths died on Wednesday at the age of 100 BY CHARISMA MADARANG NOVEMBER 30, 2023

Henry Kissinger, a national security adviser and former secretary of state under two presidents, has evaded accountability, even after death. On Wednesday, the notorious war criminal responsible for the deaths of millions, died at the age of 100.

During his lifetime, Kissinger prolonged the Vietnam war and expanded it to Cambodia and Laos; green-lit Indonesia’s bloodshed in East Timor, Pakistan’s bloodshed in Bangladesh, and supported military coups in Chile and Argentina. According to Yale University historian Greg Grandin, author of the biography Kissinger’s Shadow, the estimated death toll for foreign policy policies tied to Kissinger is between 3 million and 4 million.

Yet the headlines following his death have been astonishingly void of accountability, but not surprising. Publications from both the left and right lionized the war criminal. The Wall Street Journal credited Kissinger as the man who “Helped Forge U.S. Foreign Policy During Vietnam and Cold Wars,” while BBC called him the “Divisive diplomat who towered over world affairs.” In a loaded headline, Daily Mail lauded the him as a “Nobel Prize winner who stared down the Soviets,” while also labeling Kissinger as a “VERY unlikely sex symbol.” [...]

[investindo]

Discover the Billion-Dollar Boom: Indonesia's Construction Industry Secrets Revealed!

The construction sector in Indonesia has been experiencing remarkable growth in recent years, and this trend is expected to continue. This growth is largely driven by the government's infrastructure development initiatives, which have led to a substantial increase in investment in the construction industry. In 2021, the Indonesian construction industry recorded an impressive annual growth rate of 4.83%, according to data from the Indonesian Statistics Agency (BPS).

The government's commitment to infrastructure development is evident from the significant increase in infrastructure investment. In 2018, the investment in infrastructure rose to IDR 157.8 trillion (approximately US$11.3 billion), up from IDR 216.8 trillion in the previous year. This substantial investment contributed significantly to the country's economic growth, accounting for 1.28% of the overall economic growth in 2018, with an added value of IDR 184.4 trillion. This marked an increase from the 1.06% contribution in 2017, with an added value of IDR 146.9 trillion.

These investments have been directed towards various infrastructure projects, including the construction of dams, new public roads, bridges, and toll roads. These developments have not only improved the country's infrastructure but have also enhanced its competitiveness on the global stage.

Indonesia's rankings in global competitiveness indices have seen positive changes. In the World Economic Forum's Global Competitiveness Index, Indonesia's rank in the Quality of Roads category improved from 72 in 2014 to 60 in 2019, out of 141 countries. Similarly, in the World Bank's Logistic Performance Index, Indonesia climbed from 53 in 2014 to 46 out of 161 countries in its 2018 report.

While the COVID-19 pandemic had a significant impact on the construction industry in 2020, the sector has since rebounded and is poised for continuous growth. Various consultancy firms project annual growth rates ranging from 5% to 7% in real terms. This growth is attributed to the government's effective COVID-19 mitigation measures and the ongoing infrastructure projects.

One of the major upcoming projects is the relocation of Indonesia's capital city from Jakarta to East Kalimantan, estimated to cost $33 billion and take a decade to complete. To fund this ambitious project and others, the Indonesian government launched the Indonesia Investment Authority (INA), a Sovereign Wealth Fund. The government plans to inject over $5 billion into INA, with several countries expressing interest in investing through it, including the US, Japan, and Canada.

In conclusion, Indonesia's construction sector is poised for continued growth and remains an attractive investment opportunity. Despite short-term challenges like the COVID-19 pandemic, the government's commitment to infrastructure development, coupled with a stable political environment, low inflation, good credit ratings, and prudent macroeconomic policies, makes Indonesia's construction sector a promising prospect for investors. To navigate this competitive landscape, investors are advised to seek experienced local partners with established networks for a competitive edge. References: https://sertifikasi.co.id https://duniatender.com https://skk-konstruksi.com

[40sandfabulousaf]

大家好! The boss and I caught up with Antho, our mutual friend, who introduced us to a stall specialising in mala. We left the ordering to him and he filled our small table with enough dishes to feed 5! The food was so delicious, I couldn't stop eating even after I was stuffed to the brim. None of us stopped until we wiped all the plates clean.

I'll share about what I got up to during Chinese New Year in the next post. This week, I came across a stall selling tomato soup fish bee hoon (vermicelli). In a nutshell, they serve the tangy broth used in tomato egg noodles with thick slices of fresh fish, tomato chunks, tofu cubes, lettuce and thick bee hoon. Digging through the noodles, I discovered a generous portion of fish slices, so for the price of $7.50, it was decent value for money. I'll return to try their original flavour sliced fish bee hoon soup.

Hokkien mee, frequently a combo of thick bee hoon and yellow noodles, is wok fried with egg, veggies and a flavourful broth. The noodles absorb the broth, making them very tasty and a firm local favourite, any time of the day. There are 2 versions: with prawns (usually sold by stalls that specialise in this dish) and without (sold at cai fan, or mixed dishes and rice) stalls. The former usually has a much more robust prawn flavour since it's eaten on its own, whilst the latter is milder tasting so as to pair well with other dishes. Both are very delicious.

This Chinese New Year, whilst I love my country deeply, I'm also fiercely embracing my ethnicity and roots. Grandpa came from Xi Men, Taipei, ROC and spoke solely in Hokkien for all his life. When he told me stories about how he came to Singapore, he always said he came from China. So to me, there was never any question about Taiwan; it's part of China. Nonetheless, the issue of Taiwan remains strictly between it and China. I have enough respect to keep my nose out of China's internal affairs.

We might be feasting during this festive period but elsewhere in the world, including in Gaza, hunger persists. Palestinian civilians currently survive off animal feed and rice. Food supplies are dwindling whilst Israel is interfering in how and where aid is delivered. Why haven't the US, UK, Canada and other Western countries said anything about the abuse of human rights? 下次见!

[trendingnewsinsight009]

GitHub Repositories Hit by Password-Stealing Commits Disguised as Dependabot Contributions

A new deceptive campaign has been observed hijacking GitHub accounts and committing malicious code disguised as Dependabot contributions with an aim to steal passwords from developers.

"The malicious code exfiltrates the GitHub project's defined secrets to a malicious C2 server and modify any existing javascript files in the attacked project with a web-form password-stealer malware code effecting any end-user submitting its password in a web form," Checkmarx said in a technical report

The malware is also designed to capture GitHub secrets and variables to a remote server by means of a GitHub Action.

The software supply chain security firm said it observed the atypical commits to hundreds of public and private GitHub repositories between July 8 and 11, 2023.

It has emerged that the victims had their GitHub personal access tokens stolen and used by the threat actors to make falsified code commits to users' repositories by posing as Dependabot.

Dependabot is designed to alert users of security vulnerabilities in a project's dependencies by automatically generating pull requests to keep them up-to-date.

"The attackers accessed the accounts using compromised PATs (Personal Access Token) -- most likely exfiltrated silently from the victim's development environment," the company said. Most compromised users are located in Indonesia.

However, the exact method by which this theft may have taken place is currently unclear, although it's suspected that it may have involved a rogue package inadvertently installed by the developers.

This is evidenced by a new data exfiltration campaign targeting both npm and PyPI that uses as many as 39 counterfeit packages to gather sensitive machine information and transmit the details to a remote server.

The development highlights the continued attempts on part of threat actors to poison open-source ecosystems and facilitate supply chain compromises.

[hopeonmyphone]

A splendid comeback after military service… BTS J-Hope, world’s No. 1 artist Instagram influencer [TopStar News]

BTS member J-Hope has once again proven his immense influence on global social media.

According to data released by American social media analysis firm HypeAuditor, J-Hope has solidified his position as a global star by taking first place in the world in the 'Instagram Top Art/Artist Influencer' category. The ranking includes prominent figures in the music and art world such as Kendrick Lamar, IU, and Banksy, further highlighting J-Hope's influence.

Hype Auditor calculates data based on the number of followers and actual engagement index of social media accounts, and the results of this analysis are used as important data for establishing marketing strategies for various global companies. J-Hope's Instagram account (@uarmyhope) has about 50.08 million followers since it was opened on December 6, 2021, and his posts are receiving enthusiastic responses from fans around the world.

J-Hope's account also received the highest grade, 'Excellent', in the Engagement Rate. The Engagement Rate is an indicator that comprehensively evaluates user activities such as 'Likes', comments, and shares, and shows that his posts are creating strong communication with fans. In particular, the major countries that make up the engagement rate were the United States (18.3%) and India (13.4%), taking 1st and 2nd place, followed by Brazil, Indonesia, and Korea. These data prove that J-Hope is loved evenly in various regions including Asia and North America. In addition, his main fan base is between the ages of 13 and 34, receiving great support from the young generation around the world.

J-Hope is sharing his off-stage daily life and tastes with his fans through his Instagram account, making him more approachable. Recently, he revealed photos taken on set and in his practice room, as well as photos of himself wearing a watch from the Swiss luxury watch brand Audemars Piguet (AP), of which he is a Brand Friend. In addition, the photo of him holding the Younghee doll from the Netflix series 'Squid Game' and a collaboration piece with famous art toy artist KAWS was a moment where we could catch a glimpse of his unique sense and humor.

His colorful content allows fans around the world to feel not only his artistic sense but also his everyday humanity. This approach allows him to form a more intimate relationship with his fans beyond his image as an artist.

On October 17, J-Hope completed his military service and was discharged amidst the long-awaited anticipation of his fans. He then resumed his official activities by throwing out the first pitch at the 2024 Korean Baseball Series held in his hometown of Gwangju. His signature bright and positive energy left a deep impression on fans. He is also scheduled to appear on the MBC entertainment program 'I Live Alone', and expectations are high that he will reveal his natural daily life, different from his flashy appearance on stage.

J-Hope's recent news of being ranked #1 in the world for 'Instagram Top Art/Artist Influencer' shows that he has strong brand power and fandom not only as a member of BTS but also as an individual artist. His actions are an example that proves that BTS continues to receive attention in the global music market not only through group activities but also through each member's individual activities.

Fans around the world are warmly welcoming J-Hope's news and leaving congratulatory messages on SNS. "J-Hope is a global icon, after all!", "Every day is happy because of J-Hope", etc., and they are showing great interest in his next projects and activities. In particular, fans are looking forward to his new music activities as well as his human side that he will show in his entertainment appearances. The whole world is paying attention to what kind of new records and stories he will create in the future.

Source: TopStar News

[sybilandbranson]

Reasons to Choose a Maid Organization in Singapore Over Straight Hiring

Employing a residential assistant can considerably lift the load of daily duties, using assistance for house tasks, child care, or even senior care. In Singapore, several family members experience the selection of whether to involve a housemaid firm or choose straight hiring. While direct hiring might seem cost-effective externally, the benefits of utilization a maid company often exceed the downsides. From thorough background inspections to making sure conformity with local area policies, house cleaning companies simplify the procedure and make sure a hassle-free experience. This write-up checks out why selecting a housemaid agency in Singapore is actually a smarter choice, highlighting the special benefits they carry.

Simplified Handle with Specialist Support

Among the most significant benefits of utilizing a cleaning lady company is actually the convenience of the tapping the services of method. A myanmar maid agency aids loved ones along with the documents, lawful demands, and other complexities associated with working with a residential helper. Whether you require an Indonesia maid organization, Myanmar house maid firm, or even Filipino maid company, these organizations have experience managing all aspects of employment, consisting of work licenses, clinical examinations, and agreements. This level of support is especially handy for new employers who might discover it overwhelming to look a housemaid or even navigate Singapore's rigorous rules on their very own.

Access to Pre-Screened and Qualified Fields

House maid organizations administer extensive screening process methods, making certain that merely certified and trustworthy prospects are offered to employers. A domestic assistant housemaid company completely assesses candidates' skill-sets, experience, and background, offering households comfort when hiring. Agencies can also offer suggestions located on your details requirements, such as childcare, food preparation, or aged care. In contrast, search a maid entails more dangers, as it may be hard to confirm the candidate's accreditations individually. For those looking for a seasoned helper, a move maid company can easily attach you with candidates already in Singapore, offering an also much faster and a lot more effective solution.

Cost-Effectiveness with Transparent Costs

Despite the fact that some family members may recognize companies as expensive, several offer affordable costs that create them the least expensive housemaid firm option when thinking about long-lasting perks. Agencies improve the procedure of search a maid, saving money and time through doing away with prospective problems or even issues as a result of unfinished documents. They likewise deliver recurring support if concerns arise, lowering the probability of needing to have to restart the process from blemish. When you hire a maid straight, you may sustain concealed prices, including expenditures for marketing, overseas interaction, and unanticipated difficulties, which can easily help make the process more pricey than anticipated.

Post-Hire Providers and Encouragement

Among the absolute most ignored advantages of engaging a Indonesia maid agency is actually the post-hire assistance. A professional domestic helper maid company are going to support in fixing disputes, supplying substitute helpers if needed, and making certain the assistant's health. This level of aftercare is very useful in maintaining a great working partnership with your domestic helper. Agencies commonly use training plans to aid brand new helpers accommodate to their accountabilities and environment, guaranteeing a smoother transition. If you decide on to get a maid through straight hiring, this on-going assistance might certainly not be readily available, leaving you to take care of problems separately.

Conclusion

Picking a house cleaning company in Singapore over direct hiring is a practical and trusted means to find the correct residential helper for your family. From streamlining the employing process to giving post-hire assistance, house maid agencies make certain observance along with rules and offer assurance. Whether you are actually considering the most affordable house cleaning agency, a move house cleaning agency, or even a culturally specific option like an Indonesia maid organization or Filipino house cleaning company, these organizations are actually made to satisfy your distinct needs. Rather of getting through the intricacies of direct hiring, allow the specialists assist you explore a house cleaning, hire a housemaid, and ultimately get a housemaid that accommodates flawlessly in to your home and way of living.

FirstMaid Pte Ltd

170 Upper Bukit Timah Rd, B1-21 Shopping Centre, Singapore 588179

Phone: +6584887603

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[marketsndata]

Japan Banking-as-a-Service (BaaS) Market Analysis 2032

Japan banking-as-a-service (BaaS) market is projected to witness a CAGR of 16.71% during the forecast period FY2025-FY2032, growing from USD 285.68 million in FY2024 to USD 983.43 million in FY2032. Factors such as proactive attempts by banks to improve digital capabilities and streamline service offerings drive the increasing adoption of BaaS platforms. Supportive stance taken by the government of Japan has been important in this regard, favorable regulatory policies encourage the creation and integration of advanced financial technologies. This regulatory environment encourages innovation and ensures that financial services are competitive, servicing the consumers’ needs.

Banking-as-a-Service is the ability for businesses to inject banking functions, like the facilitation of payments and account management, into their service offering enabled by third-party technology platforms. It connects via APIs with banking systems to provide financial products without managing the underlying infrastructure. In 2023, Fujitsu decided to absorb and merge Fujitsu Cloud Technologies Limited, which specializes in public cloud services, in the form of an absorption-type merger. This will expedite the introduction of advanced technologies for cloud services that provide transparency, security, and reliability.

The other significant reason for the market’s growth in Japan is the rising interest rate for consumers, helping them reach further and diversify service portfolios that make strategic sense for small finance companies. In this way, using a BaaS platform offers the opportunity to expand banking services for regions where traditional banking structures are not as prevalent. By tapping BaaS for power, the companies can offer more inclusive and contextual financial solutions that narrow the gap between urban and rural financial services, ultimately serving the cause of growth in this market. These are driven by regulatory support, technological advancement, and strategic adoption by FIs, driving the growth of the BaaS market in Japan.

Growing Adoption of Open Banking to Drive Market Growth

An increase in the traction for open banking adoption in Japan is one of the factors driving the growth of the BaaS market. Open banking allows banks and third-party providers to share data more transparently and be more connected using APIs, thus allowing financial services to integrate seamlessly into a wide variety of applications. This will, in turn, provide more interoperability for companies to offer more customer-centric banking products and services without the need to create convoluted banking systems. Therefore, enhanced diversity and accessibility of financial services have repercussions in the form of BaaS demand growth. Further, this is fueled by the supportive regulatory environment in Japan, which looks forward to innovation and ensures that data sharing is secure and efficient.

The trends in the performance of the BaaS market in Japan have been remarkable as established financial institutions and new entrants are adopting open banking to boost sophisticated financial services and widen their market reach. In 2023, Vector Consulting Group, one of the leading domestic management consulting firms, entered a capital and business alliance with TIS Inc., one of Japan’s top technology companies. In the process, TIS Inc. has agreed to buy a 20 percent stake in Vector. The move underlines a strategic partnership to support expansion into emerging markets such as Indonesia, Japan, and Thailand.

Surge in BaaS Adoption to Accelerate the Market Growth

The increased adoption of BaaS platforms is significantly driving Japan BaaS market. The integration of BaaS reduces or eliminates the need for businesses to build, maintain, and operate complex banking infrastructures, therefore reducing costs and speeding up the delivery of services. With the increasing demand for digital financial solutions, companies are taking advantage of BaaS to extend their offerings and create superior customer experiences. The flexibility and scalability of BaaS platforms make it easier for businesses to rapidly deploy innovative financial products and services. In Japan, favorable regulatory measures and an emphasis on open banking by the government further amplify the appeal of BaaS, creating an enabling environment for market expansion.

In 2023, NEC Corporation acquired a 50.1 percent stake in Japan Asset Management Inc. Following this acquisition, Japan Asset Management will become a consolidated subsidiary of the NEC Group. The integration will connect expertise from asset management advice given by JAM with state-of-the-art technologies, including AI from NEC, to enhance customer experiences further and bring more value into the realm of asset management and financial education.

Banks Segment to Dominate the Japan Banking-as-a-Service (BaaS) Market Share

In the Japanese BaaS market, banks are expected to lead the end-user segment, owing to developed infrastructure, know-how in handling regulatory issues, and the fact that banks enjoy the customer’s trust. Banks have strong advantages in adopting the BaaS platform, as they can easily utilize their existing networks and know-how of finance to offer advanced integrated banking services. With robust infrastructure and acquaintance with stringent regulations, banks are in a better position to provide comprehensive and secure financial solutions using BaaS.

In addition, banks are equally well-placed to provide services that range from payments and account management to lending, deeply integrated with the BaaS offerings. Thus, as adoption increases, banks will be set to steer the market share and, consequently, standards and innovation in the sector. This will be driven and supported by its capability of providing reliable, scalable, and compliant financial services for individuals and business customers. In July 2024, Finastra Global PAYplus Japanese, a game-changing payment hub solution, enabled banks to address all dimensions of the payment transformation challenge. With an unrivaled breadth of payment services, ranging from high-value payments to mass payments and real-time payments, everything is integrated into one complete solution.

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Central Region Dominates Japan Banking-as-a-Service (BaaS) Market Share

The Central region, including Tokyo and its surroundings, is expected to lead the Japan banking-as-a-service (BaaS) market. The region hosts the central economic and financial hub of the country, representing a high concentration of major banks, financial institutions, and technology enterprises. Tokyo has the reputation of being one of the world’s largest financial centers due to its modern infrastructure and well-developed financial base. Therefore, large investments in Fintech, added to a progressive regulatory environment by the city, form an ideal background against which BaaS platforms are adopting and expanding at an incredible speed.

Indeed, the Kanto region, with its wide network of financial services, innovative technology, and permissive policies, is a significant region for BaaS to grow and take the lead in driving the market’s growth. The region continues to strengthen its dominance as it attracts and develops new, pioneering financial technologies and services to spearhead the evolution of Japanese banking.

In 2024, NTT DATA executed a capital tie-up with ALLOYED LIMITED to strengthen the technological capability of NTT DATA XAM Technologies. This will help develop solutions to the customers’ challenge of designing and manufacturing highly technological components and support business development on a greater scale.

Future Market Scenario (FY2025 – FY2032F)

1. As BaaS becomes established in central urban areas, such as Tokyo, it will gradually expand to unserved and rural areas, further enhancing financial inclusion within the country.

2. The Japanese government is expected to continue promoting open banking and digital financial innovations by creating a regulatory framework which encourages the adoption of BaaS while ensuring security and compliance.

3. Most BaaS platforms will be integrated with emerging technologies, such as artificial intelligence, blockchain, and IoT, extending features to encompass personalized financial advice and enhancing transactional security.

Report Scope

“Japan Banking-as-a-Service (BaaS) Market Assessment, Opportunities and Forecast, FY2018-FY2032F”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative and quantitative assessment of the current state of Japan banking-as-a-service (BaaS) market, industry dynamics, and challenges. The report includes market size, segmental shares, growth trends, opportunities, and forecast between FY2025 and FY2032. Additionally, the report profiles the leading players in the industry, mentioning their respective market share, business models, competitive intelligence, etc.

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[metatechinsights]

Formaldehyde Market Size & Growth 2025-2035

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Industry Outlook

The Formaldehyde market accounted for USD 10.6 Billion in 2024 and is expected to reach USD 19.7 Billion by 2035, growing at a CAGR of around 5.8% between 2025 and 2035.  Formaldehyde is a specialized branch of medicine that focuses on the prevention, diagnosis, treatment, and rehabilitation of injuries and conditions related to physical activity and sports participation. Medicine focuses on areas of performance enhancement, injury care, and prevention of sportsmen. Medicine includes preventative measures like injury prevention and coverings like rehabilitation and osteopathy.

Report Scope:

2024

2035Market Size in 2024 & 203520.015.010.05.00.020242035ParameterDetailsLargest MarketAsia PacificFastest Growing MarketNorth AmericaBase Year2024Market Size in 2024USD 10.6 BillionCAGR (2025-2035)5.8%Forecast Years2025-2035Historical Data2018-2024Market Size in 2035USD 19.7 BillionCountries CoveredU.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, Switzerland, Sweden, Finland, Netherlands, Poland, Russia, China, India, Australia, Japan, South Korea, Singapore, Indonesia, Malaysia, Philippines, Brazil, Argentina, GCC Countries, and South AfricaWhat We CoverMarket growth drivers, restraints, opportunities, Porter’s five forces analysis, PESTLE analysis, value chain analysis, regulatory landscape, pricing analysis by segments and region, company market share analysis, and over 10 companiesSegments CoveredDerivative, Application, End-use, and Region

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Market Dynamics

Growing Demand for Formaldehyde-based Resins in Construction

The construction industry, with its large requirement for formaldehyde-based resins, is the major driver of formaldehyde. These resins, and especially urea-formaldehyde (UF), phenol-formaldehyde (PF), and melamine-formaldehyde (MF), have significant applications in manufacturing wood products such as plywood, particle board, and medium-density fiberboard (MDF). Increased global urbanization and infrastructure development is resulting in considerable growth of the construction industry, thus promoting engineered wood products using formaldehyde-based glue. Due to the high degree of cross-linking, these resins possess high mechanical strength and resistance to moisture and are thus well suited for use in flooring, cabinetry, and furniture.

Increasing preference for green products when constructing buildings also goes up the demand since formaldehyde-based resins improve the performance features of the woods. The following is also increasing the market trend through dedicated investments in green building projects that advocate for energy efficiency and sustainable principles of construction. All these factors hence translate to firm production prospects for formaldehyde in the construction industry.

Shift towards formaldehyde-free alternatives

The shift towards formaldehyde-free alternatives presents a substantial restraint in the formaldehyde market. Increasing concern over health accruable to formaldehyde use in its use as a probable human carcinogen means that consumers and manufacturers have shifted to consider better alternatives. International regulatory authorities continue to establish higher standards and controls for formaldehyde releases across several consumer goods, such as furniture, flooring, and other construction materials. For this reason, several firms are pursuing a strategy of researching and procuring new, formaldehyde-free adhesives and resins suitable for efficient use while demonstrating comparable performance. This shift not only displaces conventional formaldehyde-based products but also introduces competition from new exciting materials that smart consumers will embrace. The growth of green chemistry and demand for eco-friendly solutions may limit the market growth of formaldehyde and force industry participants to change to remain effective in a new setting.

Innovations in eco-friendly formaldehyde alternatives

Innovations in eco-friendly formaldehyde alternatives present a promising opportunity for the formaldehyde market. There is a high demand for an environmentally conscious approach associated with an increase in consumer‘s concern about health. Chemists and formulators have been working on bio-based adhesives and resins with similar performance to those derived from formaldehyde but without the emission of toxic gases. These options can incorporate biodegradable polymers such as soy and starch, which can constitute viable bonding aids that are safe for humans and the environment. Other factors that lead to this trend are the global demand for better-quality, environmentally friendly products, such as the effective utilization of green building products in the construction industry and the extinction of gas-emitting vehicles in the automobile industry. Furthermore, governmental measures to support new sustainable products improve the market opportunities of the innovations. Through the adoption of these technologies, firms are holding access to new consumers and increasing competitiveness, enhancing the value of the formaldehyde market besides capturing the sustainable environment.

Industry Experts Opinion

"The formaldehyde market is at a pivotal point, with an incr

[blueweave8]

Indonesia Construction Market Industry Trends, Forecast 2023-2030

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Indonesia Construction Market size by value at USD 268.54 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects Indonesia Construction Market size to expand at a CAGR of 7.1% reaching a value of USD 425.92 billion by 2030. Construction Market in Indonesia is propelled by substantial government investments in infrastructure development projects, including roads, bridges, airports, seaports, and railways. These initiatives aim to enhance connectivity, reduce logistical costs, and stimulate economic growth. Foreign direct investments are also playing a significant role, with global companies collaborating with domestic firms on various projects. Furthermore, the Millennium Challenge Corporation's investment of USD 649 million is bolstering infrastructure financing and supporting small businesses. The rising population, urbanization, and growing middle class are driving demand for residential properties, leading to increased construction of homes. In 2023, the government implemented measures to make housing more affordable for low-income buyers, including value-added tax reductions and fee cuts.

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Opportunity –Government’s Initiatives to Promote Affordable Housing

The Construction Market in Indonesia is poised for significant growth, driven by government initiatives and the expanding middle class, which increasingly demands affordable housing. As the fourth largest contributor to the country's GDP, the construction sector is supported by substantial government investments aimed at enhancing infrastructure and connectivity across the archipelago. The government has unveiled a public infrastructure development plan with an investment of up to USD 430 billion, which includes the construction of new airports, extensive rail networks, and road expansions. Additionally, the ongoing relocation of the capital to Nusantara presents new opportunities for sustainable urban development and smart city initiatives. This robust framework, combined with the rising middle class, positions Indonesia’s construction market for a bright future, promising increased investment and sustained economic growth.

Impact of Escalating Geopolitical Tensions on Indonesia Construction Market

Geopolitical tensions can have a multifaceted impact on Indonesia Construction Market. Rising tensions can disrupt supply chains, leading to material shortages and delays. Investors may become more risk-averse, slowing the influx of foreign capital essential for large-scale projects. Trade barriers and higher costs for imported goods can further inflate project expenses. As geopolitical risks escalate, the Construction Market in Indonesia faces a heightened risk of project delays, cost overruns, and potential cancellations. The completion of vital infrastructure projects and overall economic growth could be jeopardized if these tensions persist.

Buildings Construction Type Holds Largest Market Share in Indonesia

The Buildings Construction segment accounts for the largest share of Indonesia Construction Market by type of construction. The segment’s dominance is fueled by a diverse range of projects, including residential, commercial, and leisure facilities. The rapid urbanization of major cities like Jakarta and Surabaya has spurred a surge in both residential and commercial developments, driven by a growing middle class. Landmark projects such as the Jakarta-Bandung High-Speed Rail and urban revitalization initiatives exemplify the country's commitment to modern infrastructure and living spaces. Investments in tourism, hospitality, and data centers are expected to further fuel the commercial sector's growth. While challenges such as rising material costs and regulatory hurdles persist, the Indonesian government's focus on public-private partnerships is poised to bolster the building construction sector. With a combination of domestic and foreign investment, the market is well-positioned to meet the increasing demand for housing and commercial facilities, contributing significantly to the country's economic development and improving quality of life. The other major segments in Indonesia Construction Market by type of construction include Heavy and Civil Engineering Construction, Specialty Trade Contractors, and Land Planning & Development segments.

Competitive Landscape

Indonesia Construction Market is fragmented, with numerous players serving the market. The key players dominating Indonesia Construction Market include Chiyoda Corp, Toyo Construction Co Ltd, Hyundai Engineering & Construction Co Ltd, Samsung C&T and Corporation, McConnell Dowell, Adhi Karya, PT PP (Persero), Wijaya Karya, Waskita Karya, and PT Jaya Konstruksi Manggala Pratama. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge in the overall market.

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[news365timesindia]

[ad_1] Passengers' relatives call it a sweetheart deal that fails to consider the lives lost | (Photo: Reuters)2 min read Last Updated : Oct 11 2024 | 10:51 AM IST Relatives of some of the 346 people who died in two crashes involving Boeing 737 Max planes are expected in court on Friday, where their lawyers will ask a federal judge to throw out a plea agreement that the aircraft manufacturer struck with federal prosecutors. The family members want the government to put Boeing on trial, where the company could face tougher punishment. Click here to connect with us on WhatsApp In July, Boeing agreed to plead guilty to a single felony count of conspiracy to commit fraud in connection with winning regulatory approval of the Max. The settlement between Boeing and the Justice Department calls for Boeing - a big government contractor - to pay a fine and be placed on probation.  Passengers' relatives call it a sweetheart deal that fails to consider the lives lost. The families who lost loved ones in the 737 Max crashes deserve far more than the inadequate, superficial deal struck between Boeing and the Department of Justice," said Erin Applebaum, a lawyer whose firm represents some of the families. They deserve a transparent legal process that truly holds Boeing accountable for its actions. Lawyers for the government and the company filed court briefs defending the settlement, and lawyers for the passengers' families explained their opposition to the deal. US District Judge Reed O'Connor will get to question both sides during Friday's hearing in Fort Worth, Texas. If the judge accepts the guilty plea, he must also approve the sentence that Boeing and prosecutors agreed upon - he can't impose different terms. It is unclear when O'Connor will decide the matter. Boeing is accused of misleading regulators who approved minimal, computer-based training for Boeing 737 pilots before they could fly the Max. Boeing wanted to prevent regulators from requiring training in flight simulators, which would have raised the cost for airlines to operate the plane. The Justice Department argues that conspiracy to defraud the government is the most serious charge it can prove. Prosecutors say they can't prove that Boeing's actions caused the crashes in 2018 in Indonesia and 2019 in Ethiopia. The agreement calls for Boeing, which is based in Arlington, Virginia, to pay a fine of at least $243.6 million, invest $455 million in compliance and safety programs, and be placed on probation for three years. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)First Published: Oct 11 2024 | 10:51 AM IST [ad_2] Source link

[news365times]

[ad_1] Passengers' relatives call it a sweetheart deal that fails to consider the lives lost | (Photo: Reuters)2 min read Last Updated : Oct 11 2024 | 10:51 AM IST Relatives of some of the 346 people who died in two crashes involving Boeing 737 Max planes are expected in court on Friday, where their lawyers will ask a federal judge to throw out a plea agreement that the aircraft manufacturer struck with federal prosecutors. The family members want the government to put Boeing on trial, where the company could face tougher punishment. Click here to connect with us on WhatsApp In July, Boeing agreed to plead guilty to a single felony count of conspiracy to commit fraud in connection with winning regulatory approval of the Max. The settlement between Boeing and the Justice Department calls for Boeing - a big government contractor - to pay a fine and be placed on probation.  Passengers' relatives call it a sweetheart deal that fails to consider the lives lost. The families who lost loved ones in the 737 Max crashes deserve far more than the inadequate, superficial deal struck between Boeing and the Department of Justice," said Erin Applebaum, a lawyer whose firm represents some of the families. They deserve a transparent legal process that truly holds Boeing accountable for its actions. Lawyers for the government and the company filed court briefs defending the settlement, and lawyers for the passengers' families explained their opposition to the deal. US District Judge Reed O'Connor will get to question both sides during Friday's hearing in Fort Worth, Texas. If the judge accepts the guilty plea, he must also approve the sentence that Boeing and prosecutors agreed upon - he can't impose different terms. It is unclear when O'Connor will decide the matter. Boeing is accused of misleading regulators who approved minimal, computer-based training for Boeing 737 pilots before they could fly the Max. Boeing wanted to prevent regulators from requiring training in flight simulators, which would have raised the cost for airlines to operate the plane. The Justice Department argues that conspiracy to defraud the government is the most serious charge it can prove. Prosecutors say they can't prove that Boeing's actions caused the crashes in 2018 in Indonesia and 2019 in Ethiopia. The agreement calls for Boeing, which is based in Arlington, Virginia, to pay a fine of at least $243.6 million, invest $455 million in compliance and safety programs, and be placed on probation for three years. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)First Published: Oct 11 2024 | 10:51 AM IST [ad_2] Source link

[sudeepkedar]

Open Banking Market is Predicted to Grow At More Than 22% CAGR till 2032

Open Banking Market size is estimated to be valued at USD 130.2 Bn till 2032. The rising integration with digital currency platforms to enable seamless transactions between fiat currencies and cryptocurrencies will influence the industry growth. The implementation of robust security measures, such as encryption, multi-factor authentication, and real-time monitoring, has grown critical for protecting sensitive financial data in open banking. Of late, leading financial institutions and fintech firms are exploring subscription-based models for open banking services to offer premium features and value-added services through tiered pricing plans.

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Open banking market share from the digital currencies financial services segment is expected to exponentially expand between 2024 and 2032. By directly linking digital wallets to their banking systems, open banking streamlines the acceptance of digital currency payments by merchants. This integration lowers the hurdles for businesses eager to embrace cryptocurrencies. Furthermore, it enables connections with global financial institutions, simplifying cross-border transactions and allowing users to effortlessly send and receive payments in various currencies worldwide.

The on-premise deployment model segment is expected to account for considerable share of the open banking industry by 2032. Financial institutions using on-premise open banking solutions can fully control sensitive customer data. As concerns about data breaches and cyberattacks grow, numerous banks are opting to manage data in-house instead of depending on third-party cloud services. On-premise deployments further allow banks to customize their open banking infrastructure as per their specific needs. This flexibility is particularly important for large financial institutions with complex IT environments that require bespoke solutions.

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Asia Pacific open banking industry size is anticipated to reach a significant share by 2032. This is propelled by the surge in cross-border open banking services, particularly in areas, such as remittances and international payments. Countries like India, Indonesia, and Vietnam are witnessing a swift expansion of open banking. With a vast unbanked populace and a strong mobile presence, these nations present lucrative prospects for open banking solutions. The proliferation of digital payments in China and India will also influence regional market growth.

Partial chapters of report table of contents (TOC):

Chapter 1   Methodology & Scope

1.1    Market scope & definition

1.2    Research design

1.2.1    Research approach

1.2.2    Data collection methods

1.3    Base estimates & calculations

1.3.1    Base year calculation

1.3.2    Key trends for market estimation

1.4    Forecast model

1.5    Primary research and validation

1.5.1    Primary sources

1.5.2    Data mining sources

Chapter 2   Executive Summary

2.1    Industry 3600 synopsis, 2021 - 2032

Chapter 3   Industry Insights

3.1    Industry ecosystem analysis

3.2    Supplier landscape

3.2.1    API platforms and gateway providers

3.2.2    Security solutions providers

3.2.3    RegTech providers

3.2.4    End user

3.3    Profit margin analysis

3.4    Technology & innovation landscape

3.5    Patent analysis

3.6    Key news & initiatives

3.7    Regulatory landscape

3.8    Impact forces

3.8.1    Growth drivers

3.8.1.1    Increase in adoption of digital banking for convenience and accessibility

3.8.1.2    Technological advancements in big data analytics, artificial intelligence (AI), and APIs

3.8.1.3    Government initiatives and regulatory support to enhance financial transparency

3.8.1.4    Consumer demand for personalized services

3.8.2    Industry pitfalls & challenges

3.8.2.1    Security and privacy concerns

3.8.2.2    Lack of consumer trust and adoption

3.9    Growth potential analysis

3.10    Porter’s analysis

3.11    PESTEL analysis

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