Secha Home Recognized Among Forbes India’s “200 Select Companies with Global Business Potential” – DGEMS 2024

  

SECHA Home, based in Indonesia, is recognized for its innovative approach to delivering fully customized, move-in ready homes with affordable mortgage plans. This milestone highlights its global growth potential.

Jakarta,17 December 2024 – SECHA Home, a proptech redefining the homeownership experience in Indonesia, is incredibly honored to announce its inclusion in this year’s Select 200 Companies with Global Business Potential – DGEMS 2024, recognized by Forbes India and D Globalist.

This remarkable achievement marks a significant milestone in SECHA Home’s journey to transform the real estate landscape. The company’s mission to deliver fully customized, move-in ready homes—by seamlessly integrating design, renovation, and furnishing—into an affordable mortgage plan has gained tremendous momentum, earning international recognition and acclaim.

“We are thrilled to be globally recognized for our efforts,” said Josephine Petra Lovensa, Co-Founder/CEO. “This milestone reaffirms our vision to redefine homeownership in Indonesia and inspire innovation on a global scale. We’re deeply grateful to Forbes India and D Globalist for this honor and to our amazing key backers—Antler, Bonbillo, and Startupbootcamp—for their unwavering support and belief in us since Day Zero.”

A Celebration of Innovation and eXtrepreneurship

The recognition ceremony in Delhi was a momentous occasion, bringing together trailblazing innovators and visionaries from across the globe. The team celebrated alongside fellow eXtrepreneurs, sharing ideas and drawing inspiration from industry leaders tackling global challenges.

Secha Home: Transforming Homeownership

By integrating the traditionally fragmented processes of design, renovation, and furnishing, SECHA Home simplifies and accelerates the path to homeownership. Their innovative, tech-enabled model empowers homeowners by providing a single, streamlined solution—all packaged within a single, affordable mortgage plan.

Backed by leading accelerators and investors, SECHA Home is poised to scale its impact beyond Indonesia, addressing global housing needs with a solution that’s efficient, customer-focused, and future-ready.

Qatar Marks National Day 2024: Celebrating Heritage, Vision, and International Partnership

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The State of Qatar marked its National Day on December 18, 2024, commemorating the historic founding of the nation by Sheikh Jassim bin Mohammed bin Thani. In a heartfelt address, His Excellency Ambassador Ahmed Saad Al-Homidi extended sincere congratulations to His Highness Sheikh Tamim bin Hamad Al Thani, Amir of Qatar, His Highness the Father Amir Sheikh Hamad bin Khalifa Al Thani, and His Highness Sheikh Abdullah bin Hamad Al Thani, Deputy Amir of Qatar.

The 2024 celebration was marked by a prestigious diplomatic reception at Manila's Shangri- La Bonifacio Global City Hotel on December 12, 2024 attended by high-ranking Philippine officials including Foreign Affairs Secretary Enrique Manalo, Supreme Court Chief Justice Alexander Jesmundo, and Migrant Workers Secretary Hans Leo Cacdac, alongside numerous diplomatic corps members.

This year's National Day logo embodied profound symbolism, featuring multiple hands united in raising the Qatari flag – a powerful representation of national unity and pride. Drawing inspiration from Qatar National Vision 2023, the design emphasizes core values of inspiration, participation, innovation, and transparency, while showcasing the nation's commitment to its cultural identity.

Ambassador Al-Homidi highlighted Qatar's remarkable journey through generations, noting how the Qatari people have consistently risen to face challenges throughout their history. From the early days of pearl diving and shipbuilding to the present era of modern development, Qataris have demonstrated remarkable adaptability while maintaining their cultural roots. The Ambassador emphasized how the nation has flourished by empowering all segments of society to work and create, while maintaining strong ties to their national identity.

The celebration gained additional significance following His Highness Sheikh Tamim bin Hamad Al Thani's successful state visit to the Philippines in April 2024. This diplomatic milestone resulted in the signing of over 20 agreements and established new mechanisms for political, economic, and technical cooperation between the two nations.

Qatar's relationship with the Philippines has grown particularly meaningful, with the Gulf nation hosting more than 260,000 Filipino workers who contributed $895.33 million in remittances to the Philippines in 2022. The Ambassador acknowledged the vital role of the Filipino community in Qatar's development and progress.

In his remarks, Ambassador Al-Homidi elaborated on Qatar's current challenges and achievements, noting how urbanization has brought new opportunities for development. The nation has responded by investing heavily in human development while strengthening its national identity, using culture as a foundation for permanent resilience. Qataris have embraced innovation and initiative, successfully adapting to global challenges while developing their lifestyle across various fields.

The Ambassador emphasized Qatar's prominent position in Southeast Asia, highlighting the nation's commitment to international peace and security. Qatar's diplomatic approach emphasizes the resolution of international disputes through peaceful means, dialogue, and mutual respect, while adhering to principles of justice, fairness, and non-interference in other nations' internal affairs.

The ceremonies in Manila, attended by Jesus Domingo, Undersecretary of the Department of Foreign Affairs for Civil Security and Consular Affairs as guest of honor, reflected the strong bilateral ties between Qatar and the Philippines. In his address, Domingo praised Qatar's unique renaissance that successfully combines heritage with modernity, suggesting further cooperation in areas including economic development, tourism, sports, and climate change initiatives.

As Qatar celebrates this significant milestone, it continues to demonstrate how a nation can preserve its cultural heritage while embracing modern development and maintaining strong international partnerships. The National Day celebrations served as a powerful reminder of Qatar's journey from its traditional roots to its current position as a influential global player, all while maintaining the values and identity that make it unique. 

COP29 Climate Summit: $250 Billion Proposal Sparks Discontent Among Developing Nations

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A Proposal Too Little, Too Late?

The COP29 Climate Summit concluded with a controversial last-minute proposal to allocate $250 billion annually to developing nations to combat the escalating climate crisis. However, this figure is a far cry from the estimated $1.3 trillion required to address the urgent needs of vulnerable nations such as Kenya, Uganda, and Malawi—countries disproportionately bearing the brunt of climate change despite contributing the least to the problem.

With the current funding target of $100 billion expiring in 2025, developing nations have been clear: they will not settle for less than $500 billion annually. The proposed deal, introduced by host nation Azerbaijan in the final hours of negotiations, aims to gradually scale funding up to $250 billion per year by 2035, sourced through public funds, development banks, and the private sector. Yet this figure falls woefully short of expectations and has sparked widespread dissatisfaction.

The High Stakes for Developing Nations

For countries like Malawi and Uganda, climate change is more than a policy issue—it’s a daily existential threat. Severe droughts, unpredictable weather, and rising sea levels threaten food security, displace communities, and stifle economic progress. These nations argue that climate financing is not charity but a moral responsibility of wealthier countries, whose industrial progress has fueled the current climate crisis.

Diplomatic frustration is growing, with Mohamed Adow, director of Power Shift Africa, describing COP29 as “one of the most poorly led and chaotic COP meetings ever.” Adow criticized the Azerbaijan presidency for failing to bridge divides and allowing critical negotiations to drift dangerously close to collapse.

Azerbaijan’s Role: Between Criticism and Sympathy

While some blame Azerbaijan’s leadership for the summit’s perceived failures, others recognize the enormous challenge of uniting nearly 200 nations—each with conflicting priorities and objectives. Azerbaijan, a first-time COP host, had to navigate increasingly complex global political landscapes, with notable figures such as UK Energy Secretary Ed Miliband and Brazil’s Ana Toni stepping in to assist.

Nevertheless, the delay in presenting the draft deal has caused anger and confusion, with vulnerable nations accusing the presidency of neglecting their urgent needs. As tensions escalate, there are fears that continued stalemates could jeopardize climate action at a time when momentum is critical.

The Shadow of Global Politics

The urgency to finalize a deal at COP29 stems not just from environmental concerns but also from the looming political landscape. With Donald Trump anticipated to regain the U.S. presidency, fears are mounting that the United States could withdraw from global climate initiatives—a repeat of Trump’s previous exit from the Paris Agreement. This potential shift threatens to stall funding commitments and erode trust between developed and developing nations.

The current climate funding mechanisms are already under strain, as wealthier nations grapple with constrained public finances and political shifts to the right. These factors further complicate the push for scaled-up climate finance, leaving vulnerable nations uncertain about future support.

What Lies Ahead?

The COP29 summit has underscored the widening divide between developed and developing nations. While wealthy nations emphasize gradual, feasible commitments, climate-vulnerable nations face the stark reality that incremental action is not enough. Without substantial and immediate financial support, the consequences for frontline communities could be catastrophic.

The $250 billion proposal is a step, albeit small, in the right direction. Yet, for nations demanding climate justice, it remains insufficient. The world’s poorest and most vulnerable communities continue to ask: When will promises turn into action?

As the summit concludes, the question lingers: Can the global community rise to the challenge, or will political inertia and financial hesitation once again derail progress?

“Climate finance is not a luxury—it is a lifeline. Without it, we are condemning entire nations to suffer the consequences of a crisis they did not create.” – Mohamed Adow, Power Shift Africa.