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CIMB Niaga and JCB launch JCB Contactless Credit Card in Indonesia

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JAKARTA & TOKYO, Sep 03, 2021 – (JCN Newswire) – PT Bank CIMB Niaga Tbk (CIMB Niaga) and PT JCB International Indonesia (JCB), as subsidiaries of JCB International Co Ltd., launched the CIMB Niaga JCB Contactless Credit Card in Jakarta, Friday, 3 September 2021. This credit card with contactless technology was developed in line with the rapid growth of credit card technology and the COVID-19 pandemic situation. The Contactless Credit Card can make it easier for customers to transact as well as become an alternative faster payment solution. Supported by dual liaison capabilities, this credit card can still be used for transactions using the dipping method.

CIMB Niaga Consumer Banking Director, Lani Darmawan, said, “CIMB Niaga continues to develop innovative products and services by adopting the latest technology. One of them is through the CIMB Niaga JCB Contactless Credit Card. With this card, customers can transact at various merchants without touching other objects. We hope that this initiative can improve customer experience in the midst of the current situation.”

Meanwhile, President Director of PT JCB International Indonesia, Takumi Takahashi, said, “We are delighted that CIMB Niaga is the first bank in Indonesia to implement JCB Contactless through the launch of the CIMB Niaga JCB Contactless Credit Card. This contactless payment is safe and convenient for customers. We believe this new product will contribute to accelerating digitization in the payment industry in Indonesia.”

The issuance of the CIMB Niaga JCB Contactless Credit Card is an initiative of CIMB Niaga and JCB to provide an easier, faster and simpler transaction experience. With the contactless method, according to Bank Indonesia regulations, customers do not need to enter a PIN for nominal transactions under Rp. 1 million, while transactions above Rp. 1 million require a PIN. As for the transaction process, customers just need to tap-and-go. This is faster than inserting a card into an Electronic Data Capture (EDC) machine or paying with cash.

In addition, Contactless Credit cards also have the same level of security as dipping cards. Every contactless transaction on the card reader or EDC machine will be processed by the Bank and JCB card processing network through an authorization that is as secure as transactions through the dipping method.

CIMB Niaga JCB Contactless Credit Card customers can use the JCB Contactless feature at more than 100 thousand merchants in Indonesia. In addition, over the past three years, the number of JCB Contactless partners globally has also continued to grow.

About CIMB Niaga

CIMB Niaga was established under the name of Bank Niaga in 1955. Approximately 92.5% of CIMB Niaga’s shares (including those owned by PT Commerce Kapital of 1.02%) are owned by the CIMB Group. CIMB Niaga offers complete banking products and services, both conventional and Sharia, through a 428 office network as of 30 June 2021, consisting of 358 branch offices, 37 Digital Lounges and 33 Mobile Branches. CIMB Niaga has 12,389 employees (consolidated) as of June 30, 2021.

CIMB Group is the second largest financial services provider in Malaysia and one of the leading universal banking groups in ASEAN. The products and services it offers include consumer banking products and services, investment banking, Islamic banking, asset management and insurance. CIMB Group is headquartered in Kuala Lumpur, and operates in all ASEAN member countries (Malaysia, Indonesia, Thailand, Singapore, Cambodia, Brunei, Vietnam, Myanmar, Laos, and the Philippines). In addition to the ASEAN region, CIMB Group has also established offices in China, Hong Kong, India, Sri Lanka, the United States, the United Kingdom, and Korea. CIMB Group’s shares are listed on Bursa Malaysia through CIMB Group Holdings Berhad. As of 30 June 2021, the group has a market capitalization value of USD 11.1 billion.

About JCB

JCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 36 million merchants around the world. JCB Cards are now issued mainly in Asian countries and territories, with more than 140 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase its merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: www.global.jcb/en/

Contacts
JCB
Ayaka Nakajima
Corporate Communications
JCB Co., Ltd.
Tel: +81-3-5778-8353
Email: jcb-pr@jcb.co.jp

CIMB Niaga
Deddy T. Hasibuan
Media Relations and Reputation Group Head
PT Bank CIMB Niaga Tbk
Tel: +6221 2700555
Website: www.cimbniaga.com

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Source: https://www.jcnnewswire.com/pressrelease/69321/3/

Automotive

Evans and TOYOTA GAZOO Racing Seal Second in Spain

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Toyota City, Japan, Oct 18, 2021 – (JCN Newswire) – Elfyn Evans finished second overall at the Rally de Espana to set up a final-round FIA World Rally Championship title decider with his TOYOTA GAZOO Racing World Rally Team team-mate Sebastien Ogier, who finished fourth.

Car 33 (Elfyn Evans, Scott Martin)

Evans and co-driver Scott Martin had led the rally after winning the first three stages on Friday, but despite battling hard didn’t quite have the level of performance over the rest of the weekend to maintain the fight for the victory. Still, the second-place finish ensures that Evans remains in with a shot of a maiden drivers’ championship going into the final round in Italy.

Ogier was in contention for a podium position all the way to the end of the rally, but just missed out on third position in a closely-fought battle through the final day’s four stages – missing out by 6.8 seconds. Nevertheless he and co-driver Julien Ingrassia continue to the lead the standings with a 17-point advantage over their team-mates as they look to claim an eighth world title.

In the manufacturers’ championship, the points scored by Evans and Ogier – including those achieved by setting the third and fourth fastest times in a tricky rally-ending Power Stage – have added to the team’s tally and brought it a step closer to sealing the title. TOYOTA GAZOO Racing leads by 47 points with a maximum of 52 available from the final round.

All three of the team’s cars finished inside the top five places, with Kalle Rovanpera and Jonne Halttunen securing fifth in the overall classification and in the Power Stage on their first time competing in Spain in the top category of the WRC.

TGR WRC Challenge Program driver Takamoto Katsuta also continued his learning alongside co-driver Aaron Johnston as they reached the finish after restarting the event on Saturday morning.

Quotes:

Akio Toyoda (Team Founder)
“Just before this rally, I received a message from Jari-Matti. He told me that regaining the manufacturers’ championship as a team principal and celebrating together with me was one of his dreams. Three years ago, as a driver, he was having a very tough season. His first win that year was at the final event in Australia and his victory brought the team’s manufacturers’ title in 2018. I clearly remember how happy and excited I was. I, as a driver, was participating in a rally in Japan on that day. When I got the news, I shouted with joy and sent him a congratulatory message right away. I am sure that his dream will come true in Monza, and am looking forward to celebrating together with him.

The drivers’ and co-drivers’ champions were not yet decided either. I simply hope that Seb & Julien and Elfyn & Scott will compete without regrets until the very end, and I’m sure the team will prepare the best cars for them to do that.

The next rally will be the last event we compete in with the current Yaris WRC. Since we came back to WRC in 2017, we have been always saying “let’s keep making the Yaris WRC stronger”. I hope we can have a solid competition in Monza and that the crews and our fans will see the Yaris WRC is the strongest in the last event. I am confident that the team will make it happen!

P.S. to Julien,
I really hope Monza will be a great event for you as it will be your last rally. I wish I could witness your final event in Japan. I’m still disappointed it didn’t happen… Good luck!”

Jari-Matti Latvala (Team Principal)
“In the end this weekend was not as strong for us as it could have been. It’s important that we learn for the future about why we were struggling at times and how we can react better. But there are still positives: Firstly, that all three cars finished in the top five without any problems. Also, second place for Elfyn is another good result for him and it keeps the fight for the drivers’ title alive until the final round, which is obviously exciting for the championship as a whole. The manufacturers’ championship wasn’t quite decided in our favour this weekend, but our target now is to secure both titles in style at Monza.”

Sebastien Ogier (Driver car 1)
“Coming here I was targeting more than fourth position, but it is still good points towards the championship. It was a close fight today and we definitely tried in the first three stages; then the rain on the last one did not help with my strategy of not taking risks, and I was definitely on the safe side there. But overall, we have to remember that this weekend is another positive step for the championship and that’s what matters the most. It’s not over yet though, so we’ll have to be good at Monza and try to repeat the success we had there last year.”

Elfyn Evans (Driver car 33)
“Second place is a positive result but it’s not so easy to be happy when we made such a good start to the weekend. Unfortunately it faded away a little bit and I didn’t feel completely at one with everything. There was perhaps a little bit more to gain from this weekend. The good thing from the weekend is that we managed to close the points gap and that the championship is still open. Realistically it’s a big gap to close in one round, but as we experienced last year, anything can still happen and we’ll try our best once again at Monza.”

Kalle Rovanpera (Driver car 69)
“Overall it has been quite a good weekend for us. There was a lot of learning, especially on Friday, but it got better with the setup and with my driving as the weekend went on. Today we were aiming for the Power Stage but the conditions were tricky and it was drying for the guys behind us on the road, so we didn’t have the chance to fight for more. We didn’t quite find the perfect feeling and not the pace that we wanted, but we tried our best and it was a solid weekend.”

For the latest results please visit www.wrc.com.

What’s next?

Italy’s famous Monza racing circuit will host the final round for the second year in a row on November 19-21. This year’s event features a greater number of stages on mountainous asphalt roads near Bergamo.

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Source: https://www.jcnnewswire.com/pressrelease/70304/3/

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Automotive

Toyota: Production Plans in November 2021, as of October 15

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Toyota City, Japan, Oct 15, 2021 – (JCN Newswire) – At Toyota, we have made repeated adjustments to our production plans since August due to a shortage of parts resulting from the spread of COVID-19, causing various inconveniences to all parties concerned. We would like to express our gratitude to all parties concerned for their immense support in helping us maintain production.

Our production plans for November are outlined below.

Actual production has remained below planned levels since August. However, with the cooperation of our suppliers, we have been thoroughly examining each and every case of possible parts shortage in the supply chain. As a result, global production volume in November is expected to reach 850,000 to 900,000 units. (Reference: Global production volumes were approximately 830,000 units in November 2020 and approximately 500,000 to 600,000 units each in September and October 2021)

Aiming to make up for previous production shortfalls, we had initially planned to produce approximately 1 million units, which is a higher production level. However, since we are still experiencing a shortage of some parts and will be unable to make up for previous production shortfalls, we have adjusted our initial production plans for November. This adjustment will affect approximately 50,000 units in Japan, and between 50,000 units and 100,000 units overseas; the total number of units affected globally will be between approximately 100,000 units and 150,000 units.

In response to the continuing shortage of some parts, we will continue our efforts to strengthen our supply chain. We will implement thorough anti-COVID-19 measures both at our own plants and at our suppliers, and since we expect the shortage of semiconductors to continue in the long-term, we will consider the use of substitutes where possible. In this way, we will do everything we can to ensure we deliver as many cars to our customers as quickly as possible.

Regarding our full-year production forecast for the fiscal year ending March 31, 2022, we expect to maintain around 9 million units due to the easing of restrictions on COVID-19 in Southeast Asia, and the production cutback in September and October is expected to be 100,000 to 150,000 units, a smaller amount than previously announced.

Domestic production adjustments for November are detailed in the table below. We would like to offer our sincerest apologies to our customers and our suppliers for the various inconveniences these adjustments may cause.

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Source: https://www.jcnnewswire.com/pressrelease/70283/3/

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Automotive

TOYOTA GAZOO Racing Set for Spain with Eyes on the Prize

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TOKYO, Oct 08, 2021 – (JCN Newswire) – The TOYOTA GAZOO Racing World Rally Team takes on the penultimate round of the 2021 FIA World Rally Championship – the Rally de Espana on October 15-17 – with the opportunity for both the manufacturers’ and drivers’ titles to be clinched on fast and flowing asphalt roads.

2021 Yaris WRC

The team leads the manufacturers’ championship by 61 points, with a maximum of 52 points available after the Spanish event. For the third season in a row, a Toyota driver is guaranteed to win the drivers’ title, with 24 points separating team-mates Sebastien Ogier and Elfyn Evans after the latter’s victory on the previous round in Finland.

For Ogier, a six-point swing in his favour on a rally he has won three times would secure him his eighth world title, while Evans is looking to maintain his chances of a maiden crown. Kalle Rovanpera is currently fourth in the standings and only one point away from a place in the top three, while TGR WRC Challenge Program driver Takamoto Katsuta will once more be in action in a fourth Yaris WRC.

Based in Salou on the Costa Daurada to the south of Barcelona, the rally returns to the calendar after one year away and moves back to being an exclusively asphalt event for the first time since 2009, having been run as a mixed-surface challenge for the previous 10 editions.

Friday has a loop of three stages repeated either side of mid-day service. It features a new stage, La Granadella, as well as Vilaplana (a reversal of 2019’s La Mussara Power Stage) and Riba-roja, last seen in this configuration in 2012. Saturday follows an identical route to before, with a trio of repeated stages followed by a street stage in Salou. Sunday’s finale consists of the returning Santa Marina stage and the well-known Riudecanyes test, both to be run twice.

For more information, visit https://toyotagazooracing.com/wrc/release/2021/rd11-preview/.

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Source: https://www.jcnnewswire.com/pressrelease/70152/3/

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Automotive

Cooperation between Honda and Red Bull Group as from 2022

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TOKYO, Oct 08, 2021 – (JCN Newswire) – Honda and Red Bull Group have agreed on a programme of cooperation focused on a variety of motorsport activities, including Formula 1, young driver development and other forms of motorsport, as well as encompassing marketing and branding initiatives.

As announced on 2 October 2020, Honda will conclude its Formula 1 project as a Power Unit supplier at the end of the 2021 season. It will make use of all the experience, human resources and technical know-how it has gained in the past seven years of the hybrid era to help reach Honda’s goal of achieving carbon neutrality throughout the company.

Motorsport has always been part of Honda’s DNA and the company will continue to strive to be the best in every category it enters, while at the same time promoting the values and excitement of the sport.

On the specific matter of the Honda Formula 1 PU, Red Bull Powertrains will have the right to use Honda IP from 2022, as a support for their F1 programmes with Red Bull Racing and Scuderia AlphaTauri teams. This is as a result of the request made to Honda by Red Bull following our announcement that we are leaving the sport.

The three key points of the agreement between the two companies are:
1) Red Bull Powertrains has the right to use Honda’s IP relating to the Power Unit.
2) Honda will support Red Bull Powertrains in building the 2022 PU and also provide trackside and race operation support from Japan throughout the 2022 season, and from 2023, Red Bull Powertrains will take responsibility for all manufacturing and servicing of Red Bull Racing and Scuderia AlphaTauri’s engines.
3) Employees of Honda Racing Development UK (Milton Keynes) will become employees of Red Bull Powertrains.

In addition, Red Bull and Honda will continue to work together on their respective young driver programmes, the Red Bull Junior Team and Honda Formula Dream Project, to further promote the growth of motorsport in Japan, with the ultimate goal of getting more Japanese drivers into top-line global motorsport, as has happened with Yuki Tsunoda in Formula 1.

There will also be additional cooperation between the two companies dealing with various forms of motorsport and indeed other sports and marketing activities. As usual, the aim of this particular aspect of the project is to promote Honda’s wide range of mobility products to a wider audience.

In an operational change, all these four-wheeled motorsport activities will now come under the umbrella of HRC (Honda Racing Corporation), the company that has so successfully run Honda-s motorcycle racing activities for many years. This is to strengthen Honda’s motorsport operation and branding, making it more efficient integrating the technologies and experiences we have gained from both four-wheel and motorcycle motorsport activities. Specifically, HRC will support the Red Bull Group’s Formula 1 activity in 2022, taking charge of all the above-mentioned points.

It is Honda’s stated aim to continue to allow its customers to fulfil their motorsport dreams thanks to the efforts of everyone at Team Honda, meaning the drivers, riders, engineers and mechanics involved in so many different championships around the world.

Christian Horner, Red Bull Racing Honda CEO and Team Principal,
“Red Bull’s collaboration with Honda has been enormously successful and while our relationship in Formula 1 is changing, neither of us wish for that to be the end of the story. We are very pleased that our ambitious and exciting Red Bull Powertrains project will be strongly supported by Honda, technically and operationally, in 2022 and this will help ensure that Red Bull’s transition to the status of chassis and power unit manufacturer is seamless. Equally as exciting is the news that our collaboration with Honda will extend to a variety of motorsport activities, from driver development to other racing disciplines and even across the wider sporting world. This stretch of Honda’s Formula 1 voyage is coming to an end but together we are embarking on a new and fascinating journey.”

Koji Watanabe, Chief Officer for Brand and Communication Operations, Honda Motor Co., Ltd.
“I’m glad that we have reached an agreement with Red Bull Group covering all the details of the IP rights for the F1 Power Unit and in this way, Honda can still contribute to the motor racing world. We are now working hard to strengthen HRC’s structure, so that it can ensure our fans will be able to continue to enjoy Honda’s role in all types of motorsport.”

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Source: https://www.jcnnewswire.com/pressrelease/70151/3/

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