VOI - Voice of Indonesia | RRI - Radio Republik Indonesia

Map of the earthquake striking the waters of Bia Utara District (ANTARA/HO) - 

An earthquake of magnitude 5.6 rattled North Sumatra's Nias Utara District on Saturday, according to the Meteorology, Climatology and Geophysics Agency (BMKG).

The epicenter of the quake, which struck at 9:41 a.m. local time on Saturday, was located at 1.94 degrees northern latitude and 96.91 degrees eastern longitude, or 75 kilometers northwest of Nias Uatara, at a depth of 10 kilometers, the agency stated.

No tsunami warning was issued following the quake.

The 5.8-magnitude was also felt in Gunung Sitoli and Kabanjahe at Modified Mercalli Intensity (MMI II) indicating that the earthquake was felt by some people and led to the hung light articles shaking.

No immediate report was received of any casualty or material damage//ANT

Singapore's Finance Minister Lawrence Wong speaking at the G20 meeting. (Photo: Facebook/Lawrence Wong) - 

G20 finance ministers on Saturday (Jul 10) gave their backing to a historic deal to overhaul the way multinational companies are taxed, and urged hold-out countries to get on board.

A total of 132 countries have already signed up to a framework for international tax reform, including a minimum corporate rate of 15 per cent, struck earlier this month.

But the endorsement by the 19 biggest economies plus the European Union will help ensure it becomes a reality following years of negotiations.

"We have achieved a historic agreement on a more stable and fairer international tax architecture," the ministers said in a final statement following two days of talks in Venice, hosted by G20 president Italy.

"We endorse the key components of the two pillars on the reallocation of profits of multinational enterprises and an effective global minimum tax."

Singapore was among the countries that supported the deal.

Finance Minister Lawrence Wong, who was among those attending the grouping's first face-to-face meeting since February 2020, said it was the "most significant changes in tax rules in over a century".

Mr Wong said he spoke at the G20 discussion about the need to recognise substantive economic activities and to allow big and small economies to compete on an equal footing.

"Tax systems, besides raising revenue, should continue to encourage innovation, growth and jobs," he wrote in a Facebook post early on Sunday.

"There is still some work to be done, and several design parameters to be worked out. Singapore, like many others, looks forward to finalising these design elements by the next G20 meeting in October."

US Treasury Secretary Janet Yellen said the momentum must not now be lost.

"The world is ready to end the global race to the bottom on corporate taxation," she said in a statement, adding that it "should now move quickly to finalise the deal".

French Finance Minister Bruno Le Maire said it was a once-in-a-century opportunity for a "tax revolution", adding: "There is no turning back."

His German counterpart, Olaf Scholz, tweeted: "Finally, large corporations can no longer escape their tax liability."

The reforms aim to prevent countries competing to offer the lowest tax rates to attract investment, which has often resulted in multinationals paying derisory levels of tax.

Final agreement is expected in the run-up to the G20 leaders' summit in Rome in October, with hopes the reforms can be in place by 2023//CNA

PLN’s general manager of Papua and West Papua regional main unit Abdul Farid. ANTARA/ HO-PLN Papua's public relations - 

PT PLN will deploy a total of 564 officers to secure electricity supply during the 2021 National Games (PON) in Papua Province.

The officers will commence their tasks for the September 19-October 17, 2021, period, PLN's general manager of the Papua and West Papua regional main unit, Abdul Farid, stated here on Saturday.

“We strive to complete the physical work and other preparations pertaining to electricity as soon as possible,” he remarked.

The company continues to coordinate with other related stakeholders to ensure that preparations align with the electricity requirements at the 2021 National Games (PON), he noted.

“PLN has also prepared supporting equipment to ensure that electricity supply remains secure in the event of the main system encountering any problem,” he explained.

Farid mentioned that the equipment prepared are mobile substation units (UGB), mobile cable units (UKB), mobile cable and cubicle units (UKKB), mobile UPS, and mobile generators.

“We will deploy such supporting units at strategic venues and points during the 2021 National Games, so that electricity supply remains secured,” he remarked.

Apart from focusing on the completion of physical work, PLN guarantees sufficient power supply from generators at each location.

A total of 16.21 MV of power is the projected requirement to electrify the entire PON competition arena, so the existing generators are still able to supply it all, according to Farid//ANT

Map of the 6.2-magnitude earthquake striking the North Sulawesi waters on Saturday (July 10, 2021). (FOTO ANTARA/HO.BMKG) - 

A 6.2-magnitude earthquake struck Melonguane in North Sulawesi Province on Saturday morning, according to the Meteorology, Climatology, and Geophysics Agency (BMKG).

The quake’s epicenter at sea was some 112 kilometers southwest of Melonguane at a depth of 10 kilometers, the agency stated.

No tsunami warning was issued following the quake. No immediate report was received of any casualty or material damage//ANT