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Media OutReach Press Releases
 
GSB Gold Standard Banking, Josip Heit and SPREE FLUG in Times of Coronavirus

HAMBURG, GERMANY - NEWSAKTUELL - 6 July 2020 - In the coronavirus pandemic, job cuts, such as those currently at the aircraft manufacturer Airbus, are hitting the Federal Republic of Germany particularly hard. The 5100 jobs that are to be cut are not only slowing down the German economy, but are also burdening the national budget. Worldwide, Airbus plans to cut a full 15,000 jobs due to the corona crisis. In other countries, the company is also making cuts: In France 5000 jobs are to be cut, in Spain 900, 1700 in Great Britain and 1300 at other locations worldwide. But the job cuts are not really a surprise. The Frenchman Faury had already announced a few days ago that Airbus would massively reduce its production and deliveries for two years. In this context, however, there are also rays of hope, such as the GSB Gold Standard Corporation AG with its Chairman of the Board Josip Heit. Heit is currently in the process of expanding the group's own fleet of Embraer Jets, such as the Phenom 300 E and the Praetor 600, and to have them operated by the aviation company SPREE FLUG Luftfahrt GmbH, which has been successfully operating on the market since 1993, with its captains, co-pilots and flight attendants, under the leadership of the company owner and chief pilot Paul Häusler. According to GAMA (General Aviation Manufacturers Association) the Phenom 300E is the "most successful business jet of the past decade". Now the Brazilian manufacturer has further improved its bestseller and made it significantly faster. The new Phenom 300E reaches Mach 0.8, which corresponds to a maximum cruise speed of 464 knots (859.33 km/h). Embraer states the range with five people on board as 2010 Nautical Miles (3724 km) (including NBAA IFR reserve). With regard to the advantages of a business jet, CEO Josip Heit states that "when flying on a commercial airline, the passenger is exposed to about 700 touch points with strangers in terms of the risk of infection on ......read more

Adyen Expands Acquiring Capabilities to Malaysia

Adyen launches its acquiring solution in Malaysia to help local businesses achieve higher authorization rates, better customer experience, and deeper data insights as the Malaysian market transitions to online payments. KUALA LUMPUR - MALAYSIA - Media OutReach - 6 July 2020 - Adyen (AMS:ADYEN), the global payments platform of choice for many of the world's leading companies, today announced the expansion of its acquiring capabilities to include Malaysia.Warren Hayashi President, Adyen Asia PacificAdyen acquiring complements the company's all-in-one payment platform allowing merchants like BigPay, BloomThis, Fave, foodpanda, Love, Bonito and Sephora to get the most out of each transaction with local payment processing. This announcement extends Adyen's local acquiring capabilities in Asia-Pacific, following launches in Australia, Hong Kong, and Singapore, and is supported by demand from local merchants looking to better serve the country's growing internet economy. "Rolling out our acquiring solution in Malaysia demonstrates our commitment to the region and to our customers' needs in the market," said Warren Hayashi, President, Adyen, Asia-Pacific. "With Adyen's acquiring solution in place, Malaysian merchants can better serve their customers and benefit from higher authorization rates and lower transaction fees." With its best-in-class technology, and deep acquiring expertise, Adyen looks to provide insight around local regulations, schemes, and payment methods, to help Malaysian merchants serve shoppers better.  Local acquiring will allow merchants to leverage Adyen's integrated platform to deliver unified commerce experiences regardless of where their customers prefer to pay - in store, online or in-app.  Arzumy MD, Chief Technology Officer of payments and loyalty platform Fave noted, "Adyen has been a strong pillar, supporting our business and technology throughout the years. Adyen's direct acquiring capabilities simplifies our bu ......read more

Citi-HKCSS Community Intern Program in its 10th Year

Cross-Sector Endeavour Continues to Cultivate Corporate Social Responsibility HONG KONG, CHINA - Media OutReach - 6 July 2020 - Citigroup Inc. (NYSE: C) - The Citi-HKCSS Community Intern Program (CIP) is celebrating its 10th year of providing internship opportunities for local university business students at local non-profit organizations (NGOs). Since its launch in 2010, nearly 700 interns have been nurtured through the program.   Co-organized by Citi and the Hong Kong Council of Social Service (HKCSS), Citi-HKCSS Community Intern Program is a first-of-its-kind cross-sector collaboration between academia, business and the NGO sector. Sponsored by Citi, the program aims to foster an exchange of knowledge, ideas and expertise between Hong Kong's emerging business leaders and local non-profit organizations, through an array of activities ranging from marketing, event management and fundraising to day-to-day operations for NGOs. Most importantly, the program enhances the concept of Corporate Social Responsibility (CSR) for the participating business university students in Hong Kong.   Mr. Wayne Fong, Head of Corporate Affairs, Citi Hong Kong, said, "This year marks the 10th year of our collaborative effort with HKCSS. We are delighted to have forged cross-sector partnerships for mutual learning and contribution between local university business students and local non-profit organizations. Over previous years, the program has served as a stage and a classroom for resourceful young people to excel and improve their expertise and ideas, while offering local NGOs more innovative solutions to anticipating challenges and a chance to build awareness in the sector. Citi has a firm commitment to Corporate Social Responsibility and strives to enable the economic growth and progress of different stakeholders in the Hong Kong community. We hope our future business leaders will carry with them a broadened understanding of community needs ......read more

DHL positioned as a Leader in the 2020 Gartner Magic Quadrant for Third-Party Logistics, Worldwide

“Dialog and proximity to our customers help us react quickly to changing market conditions, especially in times of the Corona crisis,” said Oscar de Bok, CEO of DHL Supply Chain. BONN, GERMANY - Media OutReach - 6 July 2020 - DHL, part of the world's leading logistics company Deutsche Post DHL Group, has been positioned as a Leader by Gartner, Inc., the world's leading research and advisory company, in its June 2020 Magic Quadrant for Third-Party Logistics, Worldwide. Both DHL divisions, DHL Supply Chain and DHL Global Forwarding, were considered within this research. "We fundamentally believe in putting our customers at the heart of our business" said Oscar de Bok, CEO of DHL Supply Chain and Member of the Board of Management of Deutsche Post DHL Group. "We develop the most effective solutions when we step beyond being a logistics service provider and invest in really understanding the challenges our customers are facing as their partner. To do this ongoing dialogue and proximity to our customers are key -- especially in times of the Corona virus with all the additional demands that brings. Reliability and flexibility are crucial. That is the only way to quickly react to changing market conditions, balance volume fluctuations and, if necessary, set up entirely new supply chains fast." Tim  Scharwath, CEO of DHL Global Forwarding and Member of the Board of Management of Deutsche Post DHL Group added: "The forwarding solutions offered by DHL Global Forwarding around the globe have been just as crucial as the right supply chain management, warehousing, transport and strategic consulting provided by DHL Supply Chain. I am particularly pleased that DHL has been recognized in this report." De Bok added: "Our various e-Commerce offerings are an area of significant commitment for us alongside our business partners. As a division of brands, we receive top marks from our customers year over year. In addition to this, Gartner, Inc. has again named ......read more

UnionBank, PH Central Bank Governor and MAS Fintech Chief Talk Transformative Regulation in Fireside Chat

SINGAPORE - Media OutReach - 6 July 2020 - Union Bank of the Philippines (UnionBank) recently hosted a digital fireside chat on "Transformational Regulatory Change to Accelerate Innovation" with the Philippine Central Bank Governor Dr. Benjamin Diokno and Monetary Authority of Singapore (MAS) Chief FinTech Officer Sopnendu Mohanty, moderated by UnionBank Vice-Chairman Dr. Justo A. Ortiz.   The special hour-long discussion touched on various topics including open banking, the National ID system, blockchain and central bank digital currency among others. Governor Diokno and Mr. Mohanty also discussed the regulatory frameworks in the Philippines and Singapore respectively, highlighting the need for a sandbox approach when dealing with emerging technologies.   "Regulation and innovation - they sound like an oxymoron. For a long time it may have been the case but it is no longer," said UnionBank Vice Chairman Justo Ortiz.   Ortiz opened the session by recalling how compliance with regulatory requirements paved the path for UnionBank's transformation journey, showing how regulators can often be catalysts for innovation. "The only way to handle the compliance requirements in a sustainable, effective and timely way was to digitize our processes so that we could acquire, store, access and report the data in the various cuts the regulators want to see, and that went into our strategic planning exercise," Ortiz shared.   Central Bank Governor Benjamin Diokno recognized the crucial role of technology in revitalizing the economy amidst the ongoing COVID-19 crisis. He emphasized that the Central Bank's prioritizes support for banks and financial institutions so that these can deliver financial services to the public using innovative technology.   With this, the Governor shared three principles to foster an environment conducive to innovation. First, regulations have to risk-based, proportionate and fair. Second, there has to ......read more

Announcement on the Completion of the New Manulife-ESR Joint Venture's Acquisition of PGGM's Real Estate Portfolio for RMB1.7 Billion

SHANGHAI/TORONTO/AMSTERDAM/HONG KONG - Media OutReach - July 6, 2020 - ESR Cayman Limited ("ESR"; SEHK Stock Code: 1821), Manulife and PGGM today announced that a new core joint venture ("Core JV") between ESR and Manulife has completed the acquisition of four institutional-grade logistics properties from Redwood China Logistics Fund ("RCLF") for approximately RMB1.7 billion (equivalent to approximately US$243 million).RCLF is a limited partnership development joint venture between ESR and PGGM. PGGM is one of the Netherland's largest pension fund service providers and is an existing and long-standing capital partner of ESR.The acquisition involves a portfolio of four grade 'A' core logistics assets with over two million square feet of net rentable area. Located in Guangzhou, Kunshan, Wuxi and Dongguan, each building is strategically positioned with convenient access to key arterial expressways and local airports. As of June 30, 2020, the buildings are all fully leased to a diverse mix of high quality tenants.This transaction marks Manulife's first standalone industrial investment in China, demonstrating its commitment to growing its real estate exposure in the Asia Pacific Region. The acquisition brings Manulife's real estate portfolio in the region to 4.9 million square feet."We are thrilled to partner with ESR on our latest real estate investment in China. Industrial properties continue to be a favorable asset type to us globally given its defensive nature and strong growth potential," said Kenny Lam, Senior Managing Director, Head of Asia Real Estate Investments, Manulife. "The acquisition fits well with our long-term investment strategy for the Asia Pacific market.""The disposal of assets is in line with our strategy to realize profits on some of our completed and stabilized China development assets as we continue to build a strong track record in our China investments. PGGM has strong conviction in the continued promising growth of the ......read more

'PENINSULA' will have a 'TwitterBlueroom LIVE Q&A' session to interact with global fans on July 9 KST, ahead of its premiere!

'Train to Busan' sequel 'PENINSULA' is ready to create global phenomenon! 'Gang Dongwon', 'Lee Junghyun', and Director 'Yeon Sangho' lead conversations'PENINSULA' is the 1st case of K-movie to join global live streaming on #TwitterBlueroomTwitter also launched #PENINSULA special emojis to celebrate the confirmation of its release in 185 countries and its invitation to the Cannes International Film Festival   ?Photo Description: Announcement image for 'PENINSULA' #TwitterBlueroom LIVE Q&A  SEOUL, SOUTH KOREA - Media OutReach - 6 July 2020 - Twitter invites the leading actors of the movie <PENINSULA>, Gang Dongwon and  Lee Junghyun, and the director, Yeon Sangho, to  #TwitterBlueroom LIVE Q&A session to communicate with global fans on July 9, ahead of its premiere. "#TwitterBlueroom LIVE" is an original program of Twitter that invites celebrities from various fields such as K-POP, Entertainment, politics, society, and culture to communicate in real-time with Twitter users around the world globally. The movie <PENINSULA> is an action blockbuster film depicting the desperate fight by people left behind in the land devastated by a zombie virus for the 4 years after the movie <Train to Busan>.  <Train to Busan> directed by Yeon Sangho, reached over 10 million viewers in Korea and got global attention. Gang Dongwon, Lee Junghyun, Kwon Haehyo, Kim Minjae, Koo Kyohawn, Kim Doyoon, Lee Re, Lee Yewon and other major actors ??are starring in <PENINSULA>, setting expectations high for this sequel. Watch the hour-long live stream of #TwitterBlueroom on July 9 at 8 pm KST at the Twitter Korea official account (@TwitterKorea) and Twitter official account of Next Entertainment World (@movie_n_NEW), the film investment and distribution company for <PENINSULA>. Any twitter users will be able to join #TwitterBlueroom through Tweets using the hashtag '#Ask_PENINSULA or live streaming chat. Gang D ......read more

CIFI's Contracted Sales of RMB25.13B in June 2020, Hit the Record High

HONG KONG, CHINA - Media OutReach - 3 July 2020 - CIFI Holdings (Group) Co. Ltd. ("CIFI" or the "Group", HKEx stock code: 884) is pleased to announce that in June 2020, the Group achieved the contracted sales of RMB25.13 billion, representing a YoY increase of approximately 12% (compared to June 2019). Contracted GFA amounted to approximately 1,555,600 sq.m.. Contracted ASP was approximately RMB16,200/sq.m. in June 2020. For the first half of 2020, the Group achieved contracted sales of RMB80.73 billion. Contracted GFA amounted to approximately 4,895,900 sq.m.. Contracted ASP was approximately RMB16,500/sq.m. from January to June 2020. For the first half of 2020, the Group's contracted sales distribution are as follow: By City RMB (Billion) Percentage of Total Sales Hangzhou 8.85 11.0% Wenzhou 5.38 6.7% Beijing 4.71 5.8% Hefei 4.26 5.3% Tianjin 4.10 5.1% Suzhou 4.10 5.1% Chongqing 3.73 4.6% Ji'nan 3.47 4.3% Changsha 2.71 3.4% Nanjing 2.58 3.2% Shenzhen 2.38 2.9% Wuxi 2.24 2.8% Chengdu 2.21 2.7% Qingdao 2.18 2.7% Changzhou 2.09 2.6% Ningbo 2.05 2.5% Foshan 1.92 2.4% Shanghai 1.74 2.2% ......read more

9 in 10 Employees Say Lack in Data Skills Lead to Greater Challenges at Work, May Be Career Development Roadblock

92% admit to not achieving optimal productivity due to a lack of data skills 89% say that they face challenges at work as a result of not understanding data87% view their lack of data competencies as a roadblock to their career development SINGAPORE - Media OutReach - 3 July 2020 - As the Covid-19 economy spurs businesses to increase their reliance of data analytics and business intelligence, employees face the pressure of keeping pace with the evolving workplace demands. A large majority of employees (92%) say that they could be able to do their job better if they were more data literate, while to a similar measure, 89% say they experience challenges at work due to the lack of data-related skillsets. These were some of the key findings revealed in the recently launched NTUC LearningHub Data Skills Report, which features insights from industry leaders such as global tech giant IBM, Japanese tech conglomerate Softbank and leading analytics software company Qlik. The report, entitled 'A View From the Ground: Closing the Data Skills Gap in the Covid-19 Era and Beyond' uncovers both employers' and employees' views on the degree of reliance on data and business intelligence in Singapore's business landscape, the general perception about the data-related competencies of the nation's workforce, hiring trends and preferences of businesses here, and recommendations for closing skills gaps in order for businesses and workers to remain competitive. Among other challenges, employees have voiced that not being competent in data results in their inability to measure work outcomes (59%), becoming outdated on current and future business practices (56%) or inability to do their jobs well (55%). In addition, while employees voted Data Analysis (voted by 63%), Data Interpretation for Decision Making in Business (voted by 50%), and Data Protection and Risk Management (voted by 48%) as the most necessary data skills for their businesses, these skills were per ......read more

Five Advisors With Focus Partner Firm Escala Partners Named to Australia's Top 100 Financial Advisers 2020 List

NEW YORK, USA - EQS Newswire - 3 July 2020 - Focus Financial Partners Inc. (NASDAQ: FOCS) ("Focus"), a leading partnership of fiduciary wealth management firms, announced today that five advisors with Melbourne-based Escala Partners Limited ("Escala"), a Focus partner firm, were named to Australia's Top 100 Financial Advisers List 2020. The list is based on an extensive, national survey conducted by Barron's and The Australian's business magazine The Deal, and is a guide to the country's leading wealth management advisors.   Escala was established with the collective ambition to become the new standard of personalized wealth management in Australia. The firm quickly emerged as a leading fiduciary wealth advisor to individuals, families, foundations and institutional investors across Australia, providing them with customized investment solutions through a collaborative, team-based approach. Escala's client relationships are sustained over time through their dedication to highly personalized service and an ongoing commitment to innovation in defining the standards for excellence in the Australian wealth management industry.   Mason Allamby, Scott Carmichael, Steve Collins, Amanda Fong and Ben James are Partners and members of the original group of Escala founders who started the firm in 2013. They each have deep expertise in multiple areas of wealth management, including financial planning, asset allocation, tax strategy and, in Ms. Fong's case, the not-for-profit space.   "We are honored to have such an impressive group of our advisors named to the Top 100 Financial Advisors list," said Pep Perry, CEO of Escala. "They embody the collaborative approach and dedication to client service that are the foundation of Escala and make our firm uniquely successful."   "We are thrilled for Escala on receiving this important recognition," said Rajini Kodialam, Co-Founder and Chief Operating Officer of Focus. "Their team of ta ......read more

Singapore PropTech Founder Rhonda Wong Clinches Women of the Future South-East Asia Award for Property, Infrastructure and Construction Category

SINGAPORE - Media OutReach - 3 July 2020 - Rhonda Wong, CEO and Co-founder of Ohmyhome, has been recognised as a Women of the Future Award SEA 2020 winner for her one-stop property platform, Ohmyhome. Live-streamed on 25th June 2020, the award recognised remarkable female leaders in South-East Asia who drive positive change with courage, hard work and determination.Rhonda is one of ten female leaders felicitated at the award ceremony, where the successes of female leaders in other categories such as Business, Arts & Culture, Community Spirit & Public Service were celebrated too.Out of 48 candidates across the region vying for the Property, Infrastructure and Construction award, Rhonda emerged as the winner for her remarkable efforts in shaping the world we live in through her leadership at Ohmyhome. The judges commented that "Rhonda had a clear vision of what she'd like to achieve, and a well laid out structured plan to get there. She wants to leverage her role and company and achieve greater good across SEA."Founded in 2016 to simplify the process of selling, buying and renting properties, Ohmyhome has facilitated more than 5,300 property transactions worth over S$1.6 billion.Pinky Lilani CBE DL, founder of the Women of the Future (WOF) programme says: "In these unprecedented times, we've had to adapt and for the first time virtually announce the winners, however the vision and motivation of the awards remains the same. When we spotlight success, share our own stories and collaborate across professions and borders, we create a powerful community and support system for these women. I have been so very impressed by our candidates' achievement and their deep desire to make the world a better place. Through these awards, we hope to continue inspiring women to broaden the female talent pool and support progress in the region."Commenting on the award, Rhonda said, "I am very honoured to be recognised alongside all the inspirational and vi ......read more

Cisco Launches 0% Financing Programme to Support SMEs in Singapore

3-year financing programme for Small and Medium Enterprises (SMEs) on all Cisco products including software, hardware and services0% interest with no upfront costs and fixed monthly payments for purchases from USD20,000 to USD300,000Now available to SMEs in Singapore, Malaysia, Philippines, Thailand and Vietnam  SINGAPORE - Media OutReach - 3 July 2020 - Cisco has launched a new financing programme to help SMEs purchase its products at 0% interest and with no upfront costs, at a fixed 3-year monthly payment term. SMEs will be able to purchase hardware, software solutions as well as services under the programme.    The launch of the programme comes as the COVID-19 pandemic and ensuing lockdowns across the region to control its spread, have disrupted supply chains and decreased business activities. The nature of SMEs means that they likely have a smaller pool of capital reserves. This coupled declining revenues has put a strain on cash flows of many SMEs, especially in sectors such as retail, construction, hospitality, and food and beverage -- most of which have relatively high supply costs.   SMEs are critical to Singapore's trade and commercial landscape. They employ 65% of Singapore's workforce and contribute nearly 50% of Singapore's economic output. The Singapore government has responded swiftly with assisted loan schemes offering S$4.5 billion to businesses, a large chunk of which has gone to SMEs.   As the government starts to ease the Circuit Breaker restrictions and reopen the economy, SMEs are looking to adopt technology and digitize their business to resume operations safely, open new growth opportunities and contribute to the overall economic recovery post COVID-19. The new programme from Cisco is aimed at providing financial support to SMEs that seek to equip themselves with the necessary tools and solutions to accelerate their business in the new digital era.   "The outbreak of COVID-19 has had a huge impact on S ......read more

2.2 Million People set new record for views tuning in to BLACKPINK X #TwitterBlueroom

BLACKPINK communicated with fans around the world via #TwitterBlueroom Live Q&A, topping Twitter Trending globallyBLACKPINK introduced self-drawn special emoji on #TwitterBlueroom LiveBLACKPINK will present self-made album gifts to lucky fans who posted questions during #TwitterBlueroomFans posted a total of 19.1 million Tweets over just 6 days following the comeback and Twitter official account opening  ▲ Image Description: BLACKPINK's image at #TwitterBlueroom Live Q&A LIVE Q&A Tweet URL: https://twitter.com/BLACKPINK/status/1277799491609849858 SEOUL, SOUTH KOREA - Media OutReach - 3 July 2020 - #TwitterBlueroom Live Q&A session, conducted by Twitter Korea on 30 June, with Kpop girl group BLACKPINK (@BLACKPINK), has reached a cumulative 2.2 million viewers and reached #1 on Twitter's worldwide trends during the livestream. BLACKPINK, which recently released a new album 'How You Like That', launched its official Twitter account, @BLACKPINK, on 26 June and posted its first Tweet, generating 711,000 Likes and  276,000 Retweets. https://twitter.com/BLACKPINK/status/1276441094436253698 #TwitterBlueroom Live Q&A session allowed fans and BLACKPINK members to communicate. The day of the session, BLACKPINK sent out a Voice Tweet, "See You Soon @BLACKPINK" to amplify fans' expectations. During the #TwitterBlueroom live session, BLACKPINK members talked about their new songs and behind-the-scenes details of music videos, as well as answering questions by fans on Twitter. BLACKPINK also drew fans' attention to the introduction of special emojis to celebrate BLACKPINK's comeback and explained how to activate them. These emojis, created with pictures drawn by BLACKPINK, are automatically activated when fans use the hashtags for Korean or English names of each member of BLACKPINK : #JENNIE, #제니, #JISOO, #지수, #LISA, #리사, #ROSÉ #로제. As part of the #Twi ......read more

Home Appliances Manufacturer Ariston Channel Singapore Teams up With Social Enterprises to Boost Community Morale

SINGAPORE - Media OutReach - 2 July 2020 - In times of uncertainty, businesses must collaborate with social enterprises to support communities and tackle alarming societal issues.  Home appliances manufacturer Ariston wasted no time in joining hands with 2 Singapore-based social enterprises.  Earlier this year, they collaborated with North East Heart Bakers to organise Heart Bakers Season 5 as well as Super Farmers to promote ideas of self-care with technology-backed home solutions and online resources. The Road to Collaboration  Strict health measures amidst the age of digitisation have persuaded most to stay at home and turn to the internet for self-entertainment. However, the lack of regular social interaction has brought significant challenges to individual morale and community identity.  For Ariston, empowering individuals at home and creating a community identity extended far beyond providing them with technology-backed home solutions. Instead, it involves helping individuals in similar circumstances overcome various everyday challenges with technology and resources as well as facilitating a community based on shared experiences and progress.  Giving Home-based Businesses & Homemakers an Edge    Earlier this year, Ariston partnered with North East Heart Bakers - a local initiative by the North East Community Development Council (CDC) that gives stay-at-home mothers from low-income families the opportunity to start their own business.  The global manufacturer organized a hands-on cookie baking  tutorial from Celebrity Chef Siti Matsura for the home bakers and were treated to a crash course about using the ovens to get the most succulent baked goods. All participants also had the opportunity for a hands-on experience with the Ariston electric ovens. These ovens are equipped with Multiflow technology that cooks all ingredients evenly, a unique Cook3 function that allows 3 dishes to be cooked a ......read more

Ceevo Bridges the International Payments Gap for Europe

New Ceevo product allows European merchants easy access to simplified payments solutions along with the company’s global expertise to sell beyond their borders VALLETTA, MALTA - Media OutReach - July 02, 2020 - Ceevo today announces the launch of its automated-onboarding (AOB) payment gateway solution across Europe, offering local merchants a fast and simple plug-and-play payments solution. Find out how we can help them capitalise on growing cross-border ecommerce opportunities at www.ceevo.com.   Supported by the company's international reach and financial and technological expertise, Ceevo handles all the complexity of international payments including security, regulations, and a vast range of payment options so merchants can focus on growing their businesses.    The Payment Challenges of Cross-border Ecommerce in Eastern Europe While Eastern Europe is one of the fastest growing ecommerce markets on the continent, growing at a steady rate of 10.3% year-on-year, the region's merchants remain hugely underserved: many international providers are yet to actively target the region, and domestic players are unable to provide the right solutions and services to support businesses with international ambitions.    Ceevo's solutions are tailored to meet the specific needs of merchants looking to process online payment transactions for their customers in the EU (European Union) and international markets. While the Ceevo solution is available to all European merchants, Ceevo believes that Eastern European merchants are particularly underserved and that its solution will bridge the payments gap for these merchants who are keen to expand out of their homegrown markets.   A recent Ceevo survey of small online retailers in East Europe revealed that the top two concerns for small online retailers payments are security (42%) and cash flow management (21%), while unaccepted payment methods (30%) is cited as the most frequent problem ......read more

DHL Global Forwarding's multimodal solution reduces cost for Australian and New Zealand importers

This Europe-Pacific AIR-SEA service saves importers approximately 60% in cost compared to air freight and the same savings in transit time compared to using ocean freight SINGAPORE - Media OutReach - 2 July 2020 - Due to the coronavirus pandemic, it is no secret that shippers face hefty air freight rates globally due to the limited capacity, caused by sharp declines in passenger flights that typically account for more than 50% of freight capacity worldwide. In providing innovative solutions, DHL Global Forwarding announced a multimodal option that brings significant cost-savings to Australian and New Zealand businesses importing goods from Europe. This service combines the speed of air freight for the first leg of the journey where goods from Europe are consolidated into Singapore or Hong Kong, which then travel via affordable and sustainable ocean freight to their destinations.   "As countries gradually recover in the aftermath of Covid-19, we are seeing an increase in demand for products other than essential and medical goods. Local businesses in Australia and New Zealand are in need of an alternative to pure air freight transport, which has not recovered to pre-Covid rates due to the capacity crunch worldwide. With our strong global network and local expertise, we were able to swiftly create viable solutions including this Europe-Pacific AIR-SEA service, to help companies rebuild their business as they adapt to the new normal," said Charles Kaufmann, CEO, North Asia South Pacific, DHL Global Forwarding and President/Representative Director, DHL Global Forwarding Japan K.K.   Australia's second largest trading partner, Europe has seen its exports to the country increase steadily from €28.1 billion (AU$47 billion) in 2006 to €40.7 billion (AU$68 billion) in 2016, with passenger motor vehicles, medicines and pharmaceutical products amongst its key exports. New Zealand ranks Europe as its top source of imports, accounting for €8.7 b ......read more

Citi and Citi Foundation Reach Over US$100 Million in Commitments for COVID-19 Community Relief and Economic Recovery Efforts

New Efforts Support Communities of Color That Have Been Disproportionally Impacted by the PandemicCiti Foundation Donates US$25 Million to Support Community Development Financial Institutions in the U.S. from Citi's Contribution of Initial Proceeds from Paycheck Protection Program (PPP)Citi Employee Donation Campaign Raises Over US$4 Million for Global Relief Efforts  HONG KONG, CHINA - Media OutReach - 2 July 2020 - Citigroup Inc. (NYSE: C) - Citi today announced that Citi and the Citi Foundation have committed more than US$100 million to date in support of COVID-19-related community relief and economic recovery efforts globally. This includes more than $35 million in new funding, adding to the previously announced US$65 million in grants and charitable contributions to deliver ongoing relief and support for longer-term economic recovery in communities impacted by the global pandemic. These contributions include US$2 million from Citi employees through a donation matching program.   In Hong Kong, the Citi Foundation has donated US$150,000 (around HK$1.17 million) to Feeding Hong Kong for the provision of key food staples to vulnerable households. Citi Hong Kong also donated over 370,000 facemasks to Feeding Hong Kong, Tung Wah Group of Hospitals, the Hong Kong Unison and the government's Social Welfare Department for distribution to people in need at a time when there has been a shortage of epidemic prevention supplies. Also, a cash donation of HK$150,000 has been made to the Community Chest's Rainbow Fund, which helps individuals and families to overcome their immediate financial difficulties during this most uncertain time.   Michael Corbat, Citi CEO, said, "During a time of great uncertainty and economic hardship, my colleagues once again showed their generosity and compassion by contributing more than US$2 million of their own money to support COVID-19 relief efforts, which Citi matched with an additional US$2 mil ......read more

COVID-19: Olivier Jolivet, CEO of COMO Group, on the future of travel in a post-pandemic era

SINGAPORE - Media OutReach - 2 July 2020 - Luxury hotels and resorts have always positioned seclusion, exclusivity and a host of wellness options as touchpoints in their offerings. Moving forward, the Covid-19 pandemic begs the question of whether the travel industry will follow suit.   With over two decades of experience in the business of luxury travel and private equity, Olivier Jolivet, CEO of COMO Group, is one of the far and few professionals fit to divulge the future of luxury travel in a post-pandemic world.   Supporting COMO's Community & Employees COMO's brand DNA is not without its focus on well-being. Through its social media channels and Stories newsletters, COMO has been reaching out to those staying at home during the period. The organisation's group of therapists are also plugged into improving wellness, both physically and mentally, in employees and communities.   Likewise, in the spirit of support and sensitivity, COMO waives all of its cancellation fees - offering the option of either reimbursement or postponement of travel dates to 2021. Retaining their employees is also part of the efforts despite closing off 90 percent of their hotels.   Extending the commitment to well-being beyond COMO's direct influence, food, supplies and beds have been provided to healthcare organisations to aid front liners in the fight against the pandemic.   Travel & Its Future in a Post Covid-19 World As unprecedented as it is, the Covid-19 crisis is unfolding at the pinnacle of travel - causing ripple effects onto international travel and even putting a stop to it momentarily. To Olivier, luxury travel has always been about space, privacy and choice. This cannot be farther from truth in what constitutes our new normal.   Given our current and recent experiences, Olivier considers that travellers tomorrow may opt for smaller groups, more intimate locations and specialised offerings instead of 30 ......read more

DHL named a Leader in the 2020 Gartner Magic Quadrant for Third-Party Logistics, Worldwide

“Dialog and proximity to our customers help us react quickly to changing market conditions, especially in times of the Corona crisis,” said Oscar de Bok, CEO of DHL Supply Chain. BONN, GERMANY - Media OutReach - 2 July 2020 - DHL, part of the world's leading logistics company Deutsche Post DHL Group, has been positioned as a Leader by Gartner, Inc., the world's leading research and advisory company, in its June 2020 Magic Quadrant for Third-Party Logistics, Worldwide. Both DHL divisions, DHL Supply Chain and DHL Global Forwarding, were considered within this research. "We fundamentally believe in putting our customers at the heart of our business" said Oscar de Bok, CEO of DHL Supply Chain and Member of the Board of Management of Deutsche Post DHL Group. "We develop the most effective solutions when we step beyond being a logistics service provider and invest in really understanding the challenges our customers are facing as their partner. To do this ongoing dialogue and proximity to our customers are key -- especially in times of the Corona virus with all the additional demands that brings. Reliability and flexibility are crucial. That is the only way to quickly react to changing market conditions, balance volume fluctuations and, if necessary, set up entirely new supply chains fast." Tim  Scharwath, CEO of DHL Global Forwarding and Member of the Board of Management of Deutsche Post DHL Group added: "The forwarding solutions offered by DHL Global Forwarding around the globe have been just as crucial as the right supply chain management, warehousing, transport and strategic consulting provided by DHL Supply Chain. I am particularly pleased that DHL has been recognized in this report." De Bok added: "Our various e-Commerce offerings are an area of significant commitment for us alongside our business partners. As a division of brands, we receive top marks from our customers year over year. In addition to this, Gartner, Inc. has again ......read more

FWD Completes MetLife Hong Kong Acquisition

HONG KONG, CHINA - Media OutReach - 2 July, 2020 - FWD Management Holdings Limited, the Hong Kong registered business of FWD Group, is delighted to announce it has completed the acquisition of MetLife Limited and Metropolitan Life Insurance Company of Hong Kong Limited from MetLife, Inc. (NYSE: MET). The acquisition further strengthens FWD's presence, market share, and distribution synergies in the Hong Kong insurance market, as well as underlines the company's continued confidence in the long-term growth potential of Hong Kong.  FWD looks forward to officially welcoming the employees, agents, business partners and customers of MetLife Limited and Metropolitan Life Insurance Company of Hong Kong Limited (collectively "MetLife Hong Kong") in due course.  FWD will be renaming and rebranding the newly acquired businesses in the next few months.  At the same time, MetLife Hong Kong will continue to operate through all its existing channels across its businesses.  All existing MetLife Hong Kong policies will continue to be honoured by FWD following the change in ownership.Huynh Thanh Phong, FWD Group Chief Executive Officer said, "This acquisition is a firm testament to our confidence in the long-term growth and potential of the Hong Kong insurance market and enhances our reach and platform in our flagship market. I'm very proud of our team who have worked tirelessly to successfully complete yet another landmark acquisition in our journey to become a leading pan-Asian insurer and look forward to welcoming our newest employees, agents, partners and customers from MetLife Hong Kong." Ken Lau, FWD Greater China Managing Director and Hong Kong Chief Executive Officer said, "This is another milestone day for FWD as completing the MetLife Hong Kong acquisition gives us an opportunity to share our unique and leading customer experience with even more customers in Hong Kong.  I'm excited to take on new challenges w ......read more

International Energy Agency's Africa Dialogue Needs to be Inclusive for a Workable Africa's Energy Transition

JOHANNESBURG, SOUTH AFRICA - EQS Newswire - July 1st, 2020 - The African Energy Chamber takes notes of recent initiatives taken by the International Energy Agency (IEA) to support Africa's energy transition and salutes the leadership of the IEA in this dialogue. Such conversations notably echo the Chamber's recent statement on African Lives Matter, questioning the OECD and IEA's recent call to phase out fossil fuels. While the conversation of Africa's energy transition continues, the Chamber reiterates its support to inclusive dialogues that take into account the realities of African economies and of energy poverty.Image Link: https://bit.ly/3glEdi1Unfortunately, the Africa Ministerial Roundtable organized this week has sidelined key stakeholders and actors within Africa's energy sector, preventing its ability to be truly inclusive and impactful on the ground. Africa's energy transition will not be possible without the inclusion, and participation of, the continent's petroleum and gas ministries and companies.The Chamber strongly believes that key institutions like the African Petroleum Producers Organization (APPO), led by its Secretary General Dr. Farouk Ibrahim, need to be part of this dialogue, along with representatives of the petroleum ministries of producing countries such as Algeria, Nigeria, Angola, Equatorial, Libya, Congo or Gabon and key National Oil Companies such as Sonatrach, GEPetrol, Gabon Oil, NNPC or Sonangol. The African private sector was not invited while we note the invitation and participation an international oil company. Given the importance of the oil & gas sector for several African economies, the Chamber questions the relevance of an energy debate that would exclude them from the conversation."Energy poverty is as real as climate change, and the global debate on Africa's energy transition tends to forget that hundreds of millions of African have no access to energy and still rely on firewood for cooking. Their needs must be ......read more

Dataxet continues to expand its footprint across Asia with acquisition of Sonar Platform and NAMA

SINGAPORE - Media OutReach - 1 July 2020 - Dataxet, a data intelligence company, has announced that it has acquired Sonar Platform in Indonesia along with News and Ads Monitoring Agency (NAMA) in Malaysia. This marks Dataxet's latest efforts in building its network of data intelligence capabilities across Asia, following its joint venture with Truescope in Singapore. "The strategic acquisitions of recognised companies such as Sonar Platform and NAMA marks Dataxet's progress in building its branded network of integrated data intelligence in Asia following the launch of Truescope Singapore," said David Liu, CEO & Co-Founder of Dataxet. "Securing presence in key commercial markets across Asia is part of our plan to provide a truly 'best-in-class' data intelligence at scale while ensuring localised expertise and context." Amien Krisna, Founder and CEO of Sonar Platform, who will join Dataxet's executive board after the acquisition shares, "I'm excited to join the Dataxet Group and look forward to the opportunities that the combination of our expertise will bring. Sonar Platform has a track record of delivering insights with the use of smart technology which we want to bring to the Dataxet network." Ooi Kiam Hong, CEO and Founder of NAMA adds, "I trust in the team's vision of building a robust and next-generation data intelligence network -- one that continuously focuses on product innovation, technology and talents to deliver smarter insights for clients." 1. Sonar Platform, founded in 2015, boasts of two state-of-the-art intelligence modules:i.      Sonar Analytics -- intelligence platform that combines social media, digital media, print media and marketplace data sources aimed at delivering mission critical insights and automated insight reports on demand. Using artificial intelligence, the application can automate the immense processing, analysis and reporting of billions of social and digital media to capture and analyse sentiment, ......read more

9 in 10 Employers Say Data Skills Gap Impedes Optimal Productivity Amid Growing Reliance On Data-Driven Decision Making

94% find themselves using data to make business decisions more so as compared to a year ago However, 93% believe their workforce is not achieving optimal productivity due to a lack in data skillsData Analysis, Data Interpretation for Decision Making in Business, and Data Protection and Risk Management were the top data-related skills necessary but lacking in their workforce SINGAPORE - Media OutReach - 1 July 2020 - As Singapore progressively reopens its economy, majority of companies in Singapore have voiced that the data literacy of their workforce is more important now than before the COVID-19 outbreak. However, a data skills gap is hindering the productivity of 93% of employers in Singapore. These insights were revealed in the recently launched NTUC LearningHub Data Skills report, which features insights from industry leaders such as global tech giant IBM, Japanese tech conglomerate Softbank and leading analytics software company Qlik. The report, entitled 'A View From the Ground: Closing the Data Skills Gap in the Covid-19 Era and Beyond' uncovers both employers' and employees' views on the degree of reliance on data and business intelligence in Singapore's business landscape, the general perception about the data-related competencies of the nation's workforce, hiring trends and preferences of businesses here, and recommendations for closing skills gaps in order for businesses and workers to remain competitive. A prevalent skills gap was uncovered as employers identified the data-related skills which were necessary but lacking in their workforce. Employers voted Data Analysis (voted by 67%), Data Interpretation for Decision Making in Business (voted by 50%), and Data Protection and Risk Management (voted by 49%) as the most necessary data skills for their businesses. At the same time, these skills were perceived as lacking within their companies as voted by 47%, 37% and 32% of employers respectively. Almost all (94%) of employers surveyed sai ......read more

Evolution Wellness Launches Licensing Programme for Asia’s Smartest Gym

Targets 1000 licensed clubs to serve a global audience of millions KUALA LUMPUR, MALAYSIA - Media OutReach -  1 July 2020 - Evolution Wellness, Asia's leading health club operator whose portfolio of brands also includes Celebrity Fitness and Fitness First, today announced the launch of a competitive licensing programme for its high value, low price (HVLP) gym brand GoFit. A new concept developed and owned by Evolution Wellness, GoFit is guided by its brand values of Smart, Bold, and Invigorating, and a game-changer in the HVLP category, presenting members with a smart new way to train through a no-frills, fuss-free yet high quality gym experience. Through its global licensing programme, Evolution Wellness sees an opportunity to address an audience of millions, and confidently predicts a global reach of over 1000 licensed clubs. With membership prices starting from approximately USD20 a month, GoFit is not just affordably priced, but also very well equipped with a wide range of cardio, strength and Olympic lifting equipment catering to all levels of gym goers -- from the new-to-fitness customer, to the fitness fanatic. At a GoFit club, access is gained through an app for increased security, which facilitates 24/7 operating hours should the demographic require it, while a self-managed membership system makes it easy for members to purchase add-on services such as a session on a HydroMassage Lounger1, or a FitQuest fitness assessment2. Members can also participate in a Signature GoFit workout3, SuperCircuitTM; work out to scheduled or on-demand digital classes, as well as stream their own workouts onto the large screens in the MyGoZoneTM.   The first GoFit club in the world, which is owned and operated by Evolution Wellness, opened its doors to members at Central i-City Mall in Shah Alam, Malaysia last November, and is already serving over 2,000 members. The flexible nature of the GoFit model saw the first location implementing a ladies-only 'gym w ......read more

Cityneon Announces Acquisition of Global Touring Exhibition Based on James Cameron’s Blockbuster Film AVATAR

SINGAPORE - Media OutReach - 1st July 2020 - Cityneon Holdings has announced that its subsidiary, Victory Hill Exhibitions, has acquired multi-year licensing rights for the global touring exhibition based on James Cameron's blockbuster film AVATAR. Cityneon will work in close collaboration with Disney Location-Based Experiences and James Cameron and Jon Landau's Lightstorm Entertainment on this exciting venture.   With AVATAR set to release the first of four sequels next year, Cityneon looks forward to curating a uniquely engaging experience for audiences to visit worldwide. The innovative state-of-the-art touring exhibition will feature numerous interactive, multi-sensory segments where guests can explore the fascinating wonders of Pandora, the distant moon which is the setting for the films.   Ron Tan, Executive Chairman & Chief Executive Officer of Cityneon, said: "We are honoured to work with Disney and Lightstorm Entertainment. All of us share the same vision of bringing these experiences alive with artistry and inventiveness. We are thrilled to be part of this collaboration. There's a lot of anticipation for the film's first sequel, and we're excited to be part of the global effort to complement the film's release with a truly immersive experience for fans in various markets."   Lightstorm Entertainment's President of Franchise Development, Kathy Franklin, added: "Our powerful new relationship with Cityneon for this global touring exhibition will play a key role in our continuing expansion of the reach and impact of the AVATAR franchise around the world."   Released in 2009, James Cameron's AVATAR was the highest-grossing film in motion picture history with a box office gross of nearly $2.8 billion, a record held for ten years.  Captivating audiences across the globe with its otherworldly visuals and groundbreaking special effects, the film quickly became a worldwide phenomenon. AVATAR is set to be followed by ......read more

Jacobson Pharma Announces FY2020 Annual Results

Delivers Solid Performance Amidst Market ChallengesRevenue Increases +6.3%  Maintains Full-Year Dividend Per Share of HK4.5 Cents HONG KONG, CHINA - Media OutReach - 30 June 2020 - Jacobson Pharma Corporation Limited ("Jacobson Pharma" or the "Company"; Stock Code: 2633), a leading company engaged in the research, development, production, marketing and sale of generic drugs and proprietary medicines, today announced its annual results of the Company and its subsidiaries (collectively the "Group") for the year ended 31 March 2020 (the "FY2020" or the "Reporting Period"). Resilient Performance under Distressed EconomyAmidst the overwhelming business challenges from the distressed economy in Hong Kong, the Group delivered a solid performance by posting a modest 6.3% year-on-year growth bringing its total revenue to HK$1,571.5 million (FY2019: HK$1,478.1 million (restated)). Gross profit grew by 2.3% to HK$690.0 million (FY2019: HK$674.7 million (restated)), while profit attributable to shareholders of the Company softened by 13.9% to HK$215.6 million (FY2019: HK$250.6 million (restated)) mainly due to the one-off revaluation gains recognised in the previous year, along with the increase in investments and operating expenses in setting up a regional management structure plus one-off professional expenses in preparing for the separation of the Group's consumer health business. The Board recommends payment of a final dividend of HK2.5 cents per share (FY2019: HK3.0 cents per share). Combined with the interim dividend of HK2.0 cents per share, the full-year dividend for FY2020 remains the same as last year at HK4.5 cents per share. The Group's EBITDA (Adjusted) increased by 3.9% to HK$476.2 million, representing its strong capability of generating cash inflows. Strong Market Position in GenericsCarrying a strong portfolio of generic drugs and a leadership position in a number of therapeutic categories in Hong Kong, the generic drugs ......read more

Gudou Holdings Partners with China Aoyuan Again to Further Develop Tourism Properties at Gudou Hot Spring Resort

HONG KONG, CHINA - Media OutReach - 30 June 2020 - Gudou Holdings Limited ("Gudou Holdings" or "Company", which together with its subsidiaries, is referred to as the "Group", SEHK stock code: 8308), a well-known operator of hot spring resorts and hotels and developer of tourism properties, announces its further cooperation with China Aoyuan Group Limited ("China Aoyuan", SEHK stock code: 3883) in developing tourism properties at Gudou Hot Spring Resort in Yamen Town, Xinhui, Jiangmen, Guangdong Province. Pursuant to the two companies' new agreement about further cooperation, Guangdong Gudou Travel Group Company Limited ("Guangdong Gudou"), a wholly-owned subsidiary of Gudou Holdings Limited, will contribute three pieces of land with a total site area of approximately 63,797 square metres (sq.m.) and estimated gross floor area of 54,323 sq.m. at the Gudou Hot Spring Resort. According to an independent valuer, the three pieces of land are together valued at approximately RMB153 million as at 31 March 2020. Meanwhile, Guangdong Aoyuan Co., Ltd. ("Guangdong Aoyuan"), a wholly-owned subsidiary of China Aoyuan, will be responsible for funding the development and construction of the tourism properties, with an investment of approximately RMB357 million. Guangdong Gudou and Guangdong Aoyuan will jointly plan, develop, construct and operate the tourism properties on the lands. Guangdong Gudou will be entitled to 30% of the income to be derived from the project while Guangdong Aoyuan the remaining 70%. The tourism properties to be built will include residential units, retail properties, parking spaces and other related facilities. They will form a part of the integrated tourism and leisure project of Gudou Hot Spring Resort. Gudou Hot Spring Resort is a grade-AAAA national tourist attraction in China, featuring natural scenery and cultural heritage. The resort is near to several railways and expressways, namely Guangzhou-Zhuhai Intercity Railway, Guan ......read more

NanoViricides Announces Addition to Russell Microcap(R) Index

SHELTON, US - EQS Newswire - June 30, 2020 - NanoViricides, Inc. (NYSE American: NNVC) (the "Company") a leader in the development of highly effective antiviral therapies based on a novel nanomedicines platform, today announced that it has been added to the Russell Microcap(R) Index effective after the U.S. markets opened yesterday, Monday, June 29, 2020.Anil R. Diwan, PhD, President and Executive Chairman of the Company, commented, "We believe inclusion in the Russell Microcap index is a consequence of the significant progress we have made recently in advancing our novel portfolio of special purpose nanomaterials for antiviral therapy towards our first IND filing. As we approach several important milestones in the coming months, we welcome the heightened visibility that is expected to result from inclusion in this widely followed benchmark."Membership in the Russell Microcap(R) Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $9 trillion in assets are benchmarked against Russell's US indexes. Russell indexes are part of FTSE Russell, a leading global index provider. Inclusion of NanoViricides in the Russell Microcap Index may be expected to increased participation in the NNVC stock positions of investment managers and institutional investors that purchase, follow or employ this index.For more information on the Russell Microcap(R) Index and the Russell indexes reconstitution, go to the "Russell Reconstitution" section on the FTSE Russell website.NanoViricides is pioneering a unique platform for developing anti-viral drugs based on the "bind-encapsulate-destroy" principles. Viruses would not be able t ......read more

Taste?Gourmet Group Announces the Formation of a JV Company with Shuanghui F&B in Shanghai

Set the First Step for Developing Group’s Business Outside Hong Kong Further Strengthen its Market Competitiveness HONG KONG, CHINA - Media OutReach - 30 June 2020 - Taste·Gourmet Group Limited ("Taste?Gourmet Group" or the "Company", together with its subsidiaries, the "Group"; GEM stock code: 8371) is pleased to announce that Taste?Gourmet China Investment Limited, a wholly owned subsidiary of the Company, entered into a joint venture agreement ("JV Agreement") with Shuanghui Food and Beverage Investment Management Company Limited ("Shuanghui F&B") for the formation of a JV Company. Shuanghui F&B is a subsidiary of Henan Shuanghui Investment and Development Company Limited ("Shuanghui Development") which is a listed company (SZSE stock code: 000895) on the Shenzhen Stock Exchange, established in 2020 in the PRC for the purpose of investing in the F&B sector in the PRC. In the meantime, Shuanghui Development is a subsidiary of the WH Group Limited ("WH Group"; HKEX stock code: 288).   Pursuant to the JV Agreement, the JV Company shall be owned as to 60% by Taste?Gourmet China and 40% by Shuanghui F&B, after its formation. The registered capital of the JV Company is RMB50 million. Taste?Gourmet China and Shuanghui F&B will contribute a total of RMB30 million and RMB20 million in cash respectively. The JV company will set up in Shanghai and will mainly engage in the operation of restaurants in the PRC. The JV Company has the right to use all brands owned by the Group free of charge (with the exception of brands franchised by the Group).   Mr. Wong Ngai Shan, Chairman and Executive Director of Taste?Gourmet Group, said, "We are so excited to have an opportunity to co-operate with such industrial giants, Shuanghui Development and the WH Group. We believe that the formation of this JV Company opens the door for us to expand our business outside Hong Kong, laying an important first step for our long-term business de ......read more

Dole Announces its Promises, Bringing Interdependent Prosperity to People and the Planet

With 'Sampo Yoshi' at the heart of the Dole mission to make nutrition accessible for 1 billion people, and achieve zero fruit loss, zero fossil-based plastic packaging by 2025, and net zero carbon emissions by 2030. SINGAPORE - Media OutReach - 30 June 2020 - Dole Asia Fresh, a division of Dole Asia Holdings Pte. Ltd. announced today "The Dole Promise," with the goal of creating an ecosystem of shared value, by ensuring access to nutrition for one billion people, and achieving zero fruit loss and zero fossil-based plastic packaging by 2025, and net zero carbon emissions in all operations by 2030.   With the 18th century Japanese philosophy of 'Sampo Yoshi' as its inspiration, the ambitious promise addresses pressing global sustainability challenges brought on by a growing population, climate change and declining natural resources, as well as the detrimental impact of the COVID-19 global pandemic, which could see 265 million more people pushed to the brink of starvation by 2020[1].    The promise is built upon the interdependent goals of doing business in a way that provides better care for people and the planet both for today and for future generations to come, while also increasing value and opportunities to all involved along the food and supply chain.   Elements of the Dole Promise include: Better for People: Access to sustainable nutrition for 1 billion people by 2025Moving towards Zero processed sugar in all Dole products by 2025 Better for Planet: Moving towards zero fruit loss from Dole farms to markets by 2025Moving towards zero fossil-based plastic packaging by 2025Aiming for net zero carbon emissions in Dole operations by 2030 Better for all Stakeholders: Dole will continue to positively impact all farmers, communities and people working for Dole -- through its commitment to equal opportunity, living wages, and an ever-increasing level of safety, nutrition, and wellbeing. The company also seeks ......read more

iText launches iText pdfOCR, a powerful open-source product enabling text recognition in scanned documents and conversion into editable PDFs

LONDON, UK - Media OutReach - 30 June 2020 - iText Group NV, a globally recognized thought-leader and innovator in PDF libraries and solutions, today announced the launch of iText pdfOCR, the newest addition to their award-winning software offering.?   iText pdfOCR, which is part of the renowned iText 7 PDF SDK, offers Optical Character Recognition (OCR) functionality to convert printed text in scanned documents and images into a fully searchable PDF/A-3u compliant format (PDF version 1.7) and make accessing those texts easier and faster. Without machine-readable text, printed or scanned documents cannot be searched, indexed or interpreted. Logical follow-up actions could be data extraction with iText pdf2Data, secure content redaction with iText pdfSweep, or multilingual document recreation with iText pdfCalligraph. With repurposing data with the low-code document generator iText DITO® often being the final cherry on the cake. The iText pdfOCR add-on is built on the Tesseract OCR engine technology. Tesseract supports over 100 languages and was originally developed by Hewlett-Packard ('85), and was released under the Apache open source license in 2005. Since 2006, its development has been sponsored by Google.   "With COVID-19 urging companies to accelerate their digital transformation projects, organizations are forced to explore new ways of accessing and managing their data -- existing and new. Being a leader in the digital documents space, we're pleased to be at the forefront of this new era. As such, I am very proud to announce the latest addition to our PDF library for today's new world: thanks to the OCR capabilities of iText pdfOCR many new opportunities will open up for users and enterprises that want to maximize their data potential." Yeonsu Kim, CEO at iText Group NV stated.   "Staying true to our open-source roots, we've decided to build iText pdfOCR upon the open-source Tesseract OCR Engine. With this, we wis ......read more

Ideas on sustainable, vegan leather and programme to aid hearing-impaired children clinch top prizes at Samsung Solve for Tomorrow 2020 competition

A new Samsung poll shows that Gen Zs in Singapore are most concerned about environmental issues, and 81 percent of them feel empowered to be actively involved in solving the nation’s challenges SINGAPORE - Media OutReach - 30 June 2020 - Samsung Electronics Singapore today announced the winners of Solve for Tomorrow 2020 competition, with teams SUSKIN and JBSamsung taking home top honours for the Post-secondary and University categories respectively. The virtual grand finale of this competition, which took place on 26 June, saw 10 finalist teams -- five from each category -- pitching their ideas and showcasing their prototypes to a panel of seven judges.   Supported by the Infocomm Media Development Authority (IMDA) under National Infocomm Competition (NIC), this year's Solve for Tomorrow was launched on 26 February. The 10 finalist teams were shortlisted from over 200 teams comprising more than 640 students in Singapore.   The top team from each category walked away with $10,000 worth of Samsung products, internship opportunities with Samsung, $6,000 cash prize and a study trip1.   "This year's Samsung Solve for Tomorrow has demonstrated that the youths in Singapore are fiercely passionate about the societal and environmental challenges faced in Singapore," said Eugene Goh, President, Samsung Electronics Singapore. "In these ambivalent times, it is ever important that we think out of the box to innovate fast and solve real-world issues. By challenging contestants to solve societal problems through technology, we aim to spark innovative thinking among our next generation of leaders."   In a Samsung online poll2 comprising 110 Gen Z respondents in Singapore, climate change and environment sustainability challenges were rated as their most important concerns in the nation, followed by healthcare and mental health challenges, such as infectious diseases, chronic ailments and mental illnesses. The poll was conducted ......read more

Desay SV Automotive One Step Closer Towards Level-4 Autonomous Vehicle Player

SINGAPORE - Media OutReach - 30 June 2020 - Recently, Desay SV Automotive announced the launch of its third generation Intelligent Processing Unit (IPU-03). This re-inforces its commitment to become one of the future leading Level-4 players in the autonomous vehicle domain. With the introduction of the IPU-03, Desay SV Automotive re-affirms and is resolute to achieve this goal in the foreseeable years. Powered by NVIDIA's Drive AGX Xavier platform, the IPU-03 will enable Xpeng Motors of China to achieve Level 3 autonomous driving capability in the company's latest and future car model launches. IPU03 specifications   Amongst the many significant intelligent features that Desay SV Automotive is able to offer are : 1) High-Speed Lane Change Assist (LCA) which assists the driver in making safe lane changing during high speed drive; 2) Safe Distance Assist (SDA) which assists the driver in keeping safe distance from other vehicles while in traffic jam; 3) Active Parking Assist (APA) which assists the driver in making easy parking; and 4) Automated Valet Parking (AVP) which enables the vehicle to perform self-parking (without driver).  These are some intelligent features which are expected out of a Level-3 Autonomous Vehicle System. Desay SV Automotive has cleverly integrated multiple signals and information derived from the multitude and array of vehicle sensors (e.g. radars, lidar, camera, ultra-sonic, etc.) and performs complex data processing as well as fusion of derived information. All these in-house development work were performed with a high degree of knowledge in deep & machine learning algorithms coupled with strong artificial intelligence capabilities. The seamless operations of these intelligent functions exhibited by IPU03 is a testimony of those  capabilities.     Safety is always at the forefront in the development of autonomous vehicles technologies. ......read more

MainOne Celebrates 10 Years of Enabling West Africa’s Digital Revolution

LAGOS, NIGERIA - EQS Newswire - June 29th, 2020 - MainOne, West Africa's leading provider of Wholesale and Enterprise connectivity and data center services celebrates 10 years of delivering innovative, world-class service in West Africa. Ten years ago, the company launched its operations with the commissioning of the first private submarine cable on the West Coast of Africa. The company has played a critical role in enabling internet access across West Africa where penetration rates have grown from less than 10% in 2010 to close to 40% ten years later.  Since inception, MainOne has invested in over $400m in infrastructure in West Africa as part of its efforts to bridge the digital divide and enable the digital economy. The investments include submarine cables, terrestrial fiber networks, and Points of Presence (POPs) across the region. Within this period, the company has delivered services to 10 West African countries and has bult Tier III data centers in Nigeria, Ghana and Cote d'Ivoire hosting the largest institutions and global content in the region, with on-going expansions of its data center footprint in Nigeria and Ghana. These investments and contributions to the economy have led the company to numerous awards on both local and global stages. Prominent of these awards are the Datacloud Africa Award for Excellence in Data Center (Africa) and Africa Cloud Service Provider of the Year, Presidential Enabling Business Environment Council (PEBEC) Impact Award, Lagos Chamber of Commerce and Industry Award for Excellence in Broadband Infrastructure, NTITA Telecoms Wholesale Provider of the Year, Frost & Sullivan Best Practices winner for the Nigerian Data Center Customer Value Leaderships Award, Ghana Telecoms Awards: Telecom Wholesale Carrier of the Year and Nigerian Telecoms Awards: Broadband Company of the Year, among others.Reflecting on 10 years in business, Ms. Funke Opeke, Chief Executive Officer of MainOne, said "We started on this journey ......read more

Suncity Group’s First Integrated Resort HOIANA Opens for Preview

Grand Opening will happen in 2021 MACAU, CHINA - Media OutReach - 29 June 2020 - "HOIANA", a joint investment between VMS Investment Group, VinaCapital and Suncity Group Holdings Limited (HKEx: 1383.HK), has officially opened for preview on June 28. A simple yet solemn unveiling ceremony was held. The preview of HOIANA marks an exciting new chapter for Suncity Group to evolve into an integrated resort operator, whilst the official Grand Opening of HOIANA will happen in 2021. The preview ceremony was hosted by Mr Don Lam, Chairman of HOIANA and Mr Steve Wolstenholme, Chief Executive Officer of HOIANA Toasting Ceremony Vietnam's first Robert Trent Jones Jr. designed Hoiana Shores Golf Club The preview ceremony was hosted by Mr Don Lam, Chairman of HOIANA and Mr Steve Wolstenholme, Chief Executive Officer of HOIANA, together with the management team. Traditional ceremonies such as "Lion Eye Dotting" and "Choi Qing" were held and the officiating guests kicked off the unveiling ceremony for HOIANA, as HOIANA welcomes its first guests to Vietnam's brand-new entertainment and lifestyle destination. The HOIANA story began in 2016 when its ground breaking ceremony marked the commencement of the most ambitious tourism development in Central Vietnam. Four years in the making, HOIANA is now ready to introduce some of its first operational facilities, such as the gaming facilities by Hoiana Suncity, Vietnam's first Robert Trent Jones Jr. designed Hoiana Shores Golf Club. Accommodation wise, the Hoiana Hotel & Suites managed by Rosewood Hotel Group, is the first to welcome guests with suites overlooking the stunning coastline and providing personalized 24-hour butler service. As the first large-scale integrated resort in the area, one of the most special features of HOIANA is over 3 km coastline, where a unique Beach Club will be built. More F&B and retail brands will be introduced, along with exciting performances and entertainment activities for bot ......read more

Hong Kong 2050 is Now: Hong Kong Think Tank Urges Immediate Climate Actions

Hong Kong can achieve net zero emissions by 2050 if all parties act now HONG KONG, CHINA - Media OutReach - 29 June 2020 - If we act now, Hong Kong can reduce greenhouse gas emissions by 90% by decarbonizing the power sector, improving building efficiency, and enhancing mobility, according to a comprehensive roadmap released today by Civic Exchange, an independent public policy think tank, and World Resources Institute (WRI), a global research organization. Photograph credit: Sébastien Goldberg The report highlights the urgency as well as the opportunities for Hong Kong to strengthen policy action. The recommendations can not only guide Hong Kong to significant emissions reductions by 2050, they also offer Hong Kong a glimpse of a carbon-neutral future that is greener and more-liveable, with minimal pollution, readily available public transport, healthy low-carbon lifestyles and more. To achieve this, the city must step up as a leader in combating the global climate emergency. "Unlike other cities, Hong Kong doesn't have a manufacturing economy so is relatively easier to decarbonize," said Lawrence Iu, a co-author of the report launched Towards a Better Hong Kong: The Pathway to Net Zero Carbon Emissions by 2050. In 2018, the Intergovernmental Panel on Climate Change (IPCC) urged the international community to achieve carbon neutrality by 2050 to avoid irreversible consequences of climate change. WRI and Civic Exchange's report states that Hong Kong is likely to achieve our 2030 climate target of reducing absolute carbon emissions by 26-36% compared with 2005. Hong Kong has yet to set targets to achieving carbon neutrality by 2050. "Over the past decades, Hong Kong has made significant progress in promoting low-carbon development.  Since 2005, Hong Kong's GDP grew by about 50% but greenhouse gas emissions reduced by 1.2%. This indicates that Hong Kong's economic growth has already decoupled from ......read more

Broker Investment S.R.O.: Shared-Liquidation System, the sanctuary for Forex Investor during US-China trade war

PRAGUE, CZECH REPUBLIC - Media OutReach - 29 June 2020 - Covid-19 pandemic badly hit global economy and currency market. However, Chinese Yuan has back to stability, fluctuating within 6.84 to 7.09. Apparently, China plays utmost important role in the economy of US. According to US-China Trade Council in year 2018, data shows Michigan had exported $3.6billion value of goods to China whereas import has reached nearly $10.4billion, but transaction volume decreased to $8.7billion since 2019.   Besides, Trump President emphatically accused China for the pandemic, which ushered in level of unemployment approaching in Great Depression and even demanding financial compensation from China on the pandemic issue. This is intensifying relations between the two countries, and become a threat to stock market and foreign exchange. However, BIS (Liquidity Provider, LP) provides another investment option, which is the world's first shared-liquidation system.   Broker Investment S.R.O., or BIS, has introduced the world's first shared-liquidation system, allowing investors to gain from the $6-trillion-daily-trading-volumes Forex market. BIS refrain investors from losses in volatile market, which converse traditional ways of large consortia or banks. BIS analyzes all orders with Artificial Intelligence, to segregate out stable orders and trade against brokers with the liquidity capacity from investors. With the expertise in fintech, investment banking, and foreign exchange market, BIS confidents to bring profitable return to the investors.   BIS provides liquidity to market and adjust liquidity structure with banks. BIS was established at Czech Republic in 2014 and registered with a finance industry permit issued by Czech National Bank (CNB). BIS is under the supervision of CNB, which has stringent requirements on financial institutions to ensure the safety and stability of financial system as well as the investment quality. BIS is mandatory to ......read more

Entrepreneurs and tech talents redefine local industries

Renowned futurist addresses post-COVID-19 issues at E-Day event HONG KONG, CHINA - Media OutReach - 29 June 2020 - The HKTDC Entrepreneur Day (E-Day), organised by the Hong Kong Trade Development Council (HKTDC), will be held at the Hong Kong Convention and Exhibition Centre (HKCEC) on 16 and 17 July 2020. Under the theme "Revive?Redefine", the two-day event will bring together more than 30 speakers and 180 exhibitors, highlighting the practical and inspirational aspects of start-ups that can help to ensure the survival, growth, transformation and sustainability of the current business ecosystem in the face of significant changes and challenges.   As the anchor start-up initiative run by the HKTDC, E-Day serves as a one-stop platform for start-ups to get inspired, seek funding, source talents and build connections, and for investors to discover innovative new products and services. In light of the current pandemic, E-Day has undergone a transformation in terms of both content and format. Seminars held as part of E-Day will be broadcast live to reach a broader audience across the world, while the HKTDC will also arrange online meetings between start-ups and investors.   Insights into the future of entrepreneurship Entering its 12th edition, this year's E-Day presents a strong line-up of speakers. For the first time, a futurist will address the audience on emerging issues in the post-COVID-19 era in a seminar titled "T-Chat -- Futurizing Your Business: Renaissance from the Age of Digitalisation". The talk will feature Gerd Leonhard, CEO of The Futures Agency, who will shed light on future trends in such areas as business, society and governance in the context of exponential technological progress. Gerd Leonhard, CEO of The Futures Agency In a technology-dominated era, automation and artificial intelligence (AI) are becoming the main drivers for many businesses. The COVID-19 pandemic has further accelerated digitalisation by puttin ......read more

TIS Partners with SQREEM to Help Marketers Unlock The Full Potential of Their Customer Databases Through AI

The technology combines first-party and third-party data to help marketers gain valuable insights into their ideal customer segment SINGAPORE - Media OutReach - 29 June 2020 - Singapore Artificial Intelligence (AI) Solutions Company, SQREEM Technologies, has partnered with leading Japan-based system integration services provider TIS Inc to help organisations unlock more value from their customer databases and augment marketing efforts.   The new partnership will see SQREEM's advanced behavioural data capabilities and pattern analysis technology applied to TIS' product TIS MARKETING CANVAS -- a platform for data integration and utilisation.   This means TIS' clients will be able to extract more value from their already available customer data by using SQREEM's AI solutions to combine existing deterministic client data with probabilistic open data to unlock greater insights into customer behaviours, ranging from how they shop, dine and travel all the way to their professional aspirations and support for social causes.   Sitting behind firewalls, SQREEM's AI enriches first party data owned by TIS' clients, with behavioural data sourced from hundreds of thousands of publicly available data points, providing a gigantic database with multiple fields of transactional behavioural data. This is done within the confines of a firm's owned databases, with none of the data being accessible to third parties.   For example, a credit card provider might know that customers are using their cards for petrol payments, but may not be aware that they are using a competitor's offering for online purchases. Unlocking insights such as these will allow the firm to adjust the perks offered by their card or to offer new cards to existing customers based on their needs.   TIS is Japan's leading provider of network solutions and system integration services with 15,000 clients in Japan and 3,000 enterprise customers across Southeast Asia. D ......read more

Serving up Hokkaido scallops: DHL Global Forwarding introduces air charters to Hong Kong

Re-establishing this key export route will help seafood producers in Hokkaido reach consumers in China and Hong Kong TOKYO, JAPAN - Media OutReach - 29 June 2020 - For scallop producers in Hokkaido, which is a key source for importers of the premium delicacy, June typically marks the beginning of a new harvest season that ends in October. However, since the authorities started imposing travel restrictions due to Covid-19, exporters from the region were unable to fly scallops and other perishables directly to Hong Kong, the top importer of Japanese agricultural and marine products and a gateway to China, which saw overall seafood imports increase by 39% in 2019 to ¥1.6 trillion (€13.3 billion).   DHL Global Forwarding launched a thrice-weekly charter from Chitose to Hong Kong. The charter is the only direct air freight service from Hokkaido's main international airport to Hong Kong since airlines halted international flights from the airport. Japan has seen its year-on-year export of seafood fall from ¥22.9 billion to ¥14.9 billion in April this year.   "As countries took time to recover and travel restrictions remained firmly in place for weeks before being gradually lifted, there was an urgent demand to bring fresh perishable seafood to consumers outside of Japan. As one of the leading international forwarders in Japan's seafood trade, I am extremely proud that we were able to work with our partners to swiftly organize the first direct freight service from Chitose to Hong Kong. With an export pathway established for perishables, including scallops, sea cucumber and melons, producers in Hokkaido can be assured that their harvests will reach consumers in a timely manner and in their optimum states," said Charles Kaufmann, CEO, North Asia South Pacific, DHL Global Forwarding and President/Representative Director, DHL Global Forwarding Japan K.K.   For the leading international provider of air, sea and road freight services, s ......read more

Spackman Entertainment Group's #ALIVE Surpasses 1 Million Ticket Sales within Five Days despite COVID-19 Pandemic

#ALIVE, produced by the Group's indirect wholly-owned subsidiary, Zip Cinema, surpassed the 1 million ticket sales just within five days of its wide release on 24 June 2020 in KoreaFirst film to break 1 million ticket sales mark since February 2020 at the Korean box office One of the first successful theatrical movie releases in the world amidst the current COVID-19 pandemicContinues to dominate Korea's box office with a market share of more than 70% as of yesterdayHeadlined by Spackman Media Group's Yoo Ah-in and star actress Park Shin-hye   SINGAPORE - Media OutReach - 29 June 2020 - Spackman Entertainment Group Limited ("Spackman Entertainment Group" or the "Company" and together with its subsidiaries, the "Group"), one of Korea's leading entertainment production groups, wishes to announce that #ALIVE, produced by the Company's indirect wholly-owned subsidiary, Zip Cinema Co., Ltd. ("Zip Cinema"), crossed the 1 million ticket sales mark since its official wide release at the Korean box office on 24 June 2020.   The theatrical release of #ALIVE in Korea is one of the first successful box office openings in the world since the spread of COVID-19 early this year, which virtually shut down the global theatrical film industry. It also sheds a ray of hope to an industry that has been crushed by the pandemic. According to Yonhap News, #ALIVE is the first film to break the 1 million ticket sales mark since February 2020 at the Korean box office[1].   Kyoungwon Na, President of Spackman Entertainment Group stated, "Though we cannot determine a film's ultimate commercial success until the end, the successful theatrical opening of #ALIVE demonstrates the careful willingness of movie-goers to venture to the theatres to view entertaining content despite the pandemic. Spackman Entertainment Group is very pleased that #ALIVE is one of the first films that are leading  the way to what we all hope will be box office normalcy in the ......read more

Madame Tussauds Singapore Rolls Out The Red Carpet For Local Stars

SINGAPORE - Media OutReach - 28 June 2020 - On the 1st of July 2020 Madame Tussauds Singapore will roll out the red carpet again, for you! So glam up and take the spotlight alongside more than 80 celebrities from Singapore and Asia, Hollywood to Bollywood and beyond! The attraction full of famous fun on Sentosa has implemented a vast range of stringent Health and Safety measures in order to achieve SG Clean accreditation and ensure the health and wellbeing of staff and visitors is kept paramount. After extensive consultation with local authorities Madame Tussauds will re-open with such safety measures as capacity limit, social distancing provisions, temperature checking, enhanced cleaning protocols and even the figures themselves will be subject to an increased sanitization regime. "The health and safety of our guests and staff is our number one priority and the Madame Tussauds team has been busy preparing to roll out the red carpet in a safe and controlled way. With all these measures now in place we are excited to open our doors again and give everyone the opportunity to travel the world and meet stars like Dwayne Johnson, Jay Chou and Priyanka Chopra, all from the comfort of Singapore" said Alex Ward -- General Manager of Madame Tussauds Singapore. Be immersed at Madame Tussauds Singapore where guests time travel through the history of Singapore at Images of Singapore, jump into the Spirit of Singapore boat ride and are transported into a movie on the special effects acting set at the Ultimate Film Star Experience. Join the famous fun at Madame Tussauds Singapore, located at Imbiah Lookout on Sentosa. Please download the high-res images here.   Twitter: @MTsSingapore Instagram: @mtssingapore Facebook: www.facebook.com/MadameTussaudsSingaporeAbout Madame Tussauds Madame Tussauds is the ultimate celebrity experience and the world's best known and most popular wax attraction. There are currently 23 Madame Tussauds attractions arou ......read more

#BLACKPINK LIVE comeback party on #TwitterBlueroom

- BLACKPINK launched their official Twitter account @BLACKPINK with comeback single #HowYouLikeThat release- Twitter users unlock special BLACKPINK Twitter emojis drawn by BLACKPINK themselves- Twitter will also hold a '#BLACKPINK LIVE Comeback Party on #TwitterBlueroom' [Image] #TwitterBlueroom LIVE announcement, Emoji launch, 1st Tweet from @BLACKPINK SEOUL, SOUTH KOREA - Media OutReach - 27 June 2020 - Leading Global K-Pop band #BLACKPINK (@BLACKPINK), who just released their comeback single #HowYouLikeThat on June 26 6PM KST, opened their official Twitter account and posted their first Tweet. This launch Tweet was Retweeted over 250K times and got over 600K Likes. Tweet volume related to 'BLACKPINK' reached 5M for 12 hours, and the hashtag of their new song title #HowYouLikeThat trended worldwide No 1 and trended over 50 countries. On 30 June, Twitter will host a 'BLACKPINK LIVE comeback party' as a #TwitterBlueroom Q&A session, to talk about  their comeback and current life. Fans will be able to watch the live #TwitterBlueroom on BLACKPINK's official Twitter account (@BLACKPINK) and interact with them directly using the hashtags #Ask_BLACKPINK #TwitterBlueroom, or within the live chat room. Twitter is also celebrating the launch of BLACKPINK's official account and their comeback by setting up special custom emojis to help fans around the world cheer them on. BLACKPINK's four members drew their own emojis, which can be activated by hashtagging their names. BLACKPINK's special emojis will appear on all Tweets using the official hashtags from 26 June to 31 August KST. ?      #BLACKPINK #???? #HowYouLikeThat #Ask_BLACKPINK?      #JENNIE #???      #JISOO #???      #LISA #???      #ROSÉ #?? YeonJeong Kim, Head of the Global Kpop & K-content Partnerships at Twitter said, "Every Kpop fan on Twi ......read more

Yuexiu Commercial " Yue+ Club " will Grandly Launch

HONG KONG, CHINA - Media OutReach - 26 June 2020 - Yuexiu Property Company Limited (HKEx Stock Code: 00123) is pleased to announce that the commercial segment of the Group -- Yuexiu Commercial will  kick off the comprehensive upgrade of "Yue+ Club" on 28 June. The Company will reconstruct "Consumer, Product and Market", create a "Blockchain Marketing Platform", connect industrial resources with customized services, and develop a vertical ecological platform of building economy.The launch event of Yue+ Platform will start at 5pm on 28 June with a global live broadcast. The Yue+ Platform will connect with the 6+2 Platform on a complete industry chain basis. Experts from different sectors will discuss about the new economy and how it will promote the upgrading and transformation of the digital industry and add new energy to the creation of a new central axis in the world. The sharing guests attending this conference include: Chairman, Executive Director and Chief Executive Officer of Yuexiu Real Estate Investment Trust (HKEx Stock Code: 00405), Mr. Lin DeliangInternational Renowned Fashion Designer, Winner of China fashion designer top prize "Golder Award", Mr. Ji WenboPresident of the Association of Asian Contemporary Sculptors (China), President of China area of Asian Townscape Design Association, Mr. Zeng, ZhenweiFormer President of Jinan University of Medical Science, Chief Medical Specialist of The First Affiliated Hospital of Jinan University Hefeng International Medical Center, Mr. Su, BaoguiVice President and General Secretary of Association of Promotion for Guangzhou Industrial Merchants Investment, Vice President of Guangzhou Association of Building Economy Promotion, Mr. Gong YuanVice President of Guangdong Federation of Social Sciences, Deputy Director of Guangdong Asia-Pacific Innovation Economic Research Institute, Mr. Li Zhijian  The central axis of Guangzhou is the epitome and typical representative of the urban econom ......read more

Over $10M Rewards to Give Away in Hang Lung’s SPEND TOGETHER Campaign

With Great Flexibility of How and Where to Use Cash Vouchers HONG KONG, CHINA - Media OutReach - 26 June 2020 - Hang Lung's previous LOVE TO SHARE campaign was met with an enthusiastic reception. Following its success, Hang Lung announces the launch of the SPEND TOGETHER campaigns. With the government rolling out its Cash Payout Scheme to disburse $10,000 to all permanent Hong Kong residents, Hang Lung also has shopping privileges worth over $10 million for patrons! From June 15, 2020 onward, upon spending a designated amount at participating merchants in Hang Lung shopping malls -- Fashion Walk, Grand Plaza, Gala Place, Hollywood Plaza, Peak Galleria, Amoy Plaza and Kornhill Plaza -- and signing up for Hang Lung e-Privilege, patrons will have a chance to earn cash vouchers to be used at merchants of their choice across the Hang Lung mall network. What adds to the excitement is the unlimited number of vouchers allowed to be used in each purchase, along with other existing offers! In addition, patrons will receive an e-stamp upon spending a designated amount at any dining partner in Hang Lung shopping malls. With a designated number of e-stamps, patrons can redeem e-vouchers for restaurants of their choice. Get your stamps now and embark on a scrumptious food journey! SPEND TOGETHER.SHOP TOGETHERat Merchants of Your Choice with as Many Vouchers as You WantDuring the campaign, upon spending a designated amount at merchants (except for dining) in Fashion Walk, Grand Plaza, Gala Place, Hollywood Plaza or Peak Galleria, patrons will be eligible to redeem cash vouchers worth up to HK$1,500. Patrons can also select any participating merchant(s) across the Hang Lung mall network to use the vouchers with, including boutiques agnès b, MASTERMIND WORLD, KURA CHIKA by PORTER; sportswear labels PUMA and FILA; jewelers Chow Tai Fook, Chow Sang Sang, TSL Jewelry, APM Monaco, Thomas Sabo; beauty brands Goutal Paris, per Face Aesthetic, The Mineral Boutique; ......read more

Sino's Olympian City & pop-up experience platform PopSquare launch "POP Gallery"

First-ever "LEGO® TechnicTM – STEM A.I. concept store" presents an integrated online x offline retail concept on top of promoting STEM education HONG KONG, CHINA - Media OutReach - 26 June 2020 - Online shopping is fast becoming a dominant global trend. As a company committed to promoting innovation and providing its customers with a top-quality shopping experience, Sino Group is pioneering an integrated online x offline retail concept through the "POP Gallery" at Olympian City. Launched in collaboration with pop-up experience platform PopSquare, POP Gallery displays a selection of trending products, methodically identified with the aid of big data and artificial intelligence (A.I.) technologies. Customers can now enjoy a seamless online x offline shopping experience, in which they get to first explore products that are trending online in real life, before buying them online.     Olympian City teams up with world-renowned toy brand LEGO® on the first project at POP Gallery -- the world's first LEGO® TechnicTM -- STEM A.I. concept store, which showcases LEGO® TechnicTM, identified by A.I. and big data technologies to be the brand's most popular series among global consumers.Customers can obtain exclusive offers by interacting with the 5 A.I. enabled pop kiosks at the LEGO® TechnicTM -- STEM A.I. concept store @POP Gallery or engage in live games.   On 5 June 2020, POP Gallery officially opened its doors and greeted customers with the first-ever "LEGO® TechnicTM -- STEM A.I.concept store" @POP Gallery. Rolled out with household name LEGO®, the store features LEGO® TechnicTM, top on the worldwide Trend Prediction list. While introducing an industry-leading retail concept, the store features an array of LEGO® TechnicTM sets and experiential workshops to promote STEM education.   Predicting global trends and identifying coveted products with A.I. and big data To help the Hong Kong public follow global tren ......read more

CUHK Business School Research Finds Individuals With Diverse Skills More Likely to Form Startups and Succeed as Entrepreneurs

HONG KONG, CHINA - Media OutReach - 26 June 2020 - If you have ever been called a "jack-of-all-trades," you can rest assured the phrase "master of none" isn't far behind. At the very least, it is often implied. But how relevant is this old saying in today's business world?   Unless you are a jack-of-all-trades who works in an organisation that values your broader skill sets, you may feel like your talents are being wasted.   But there is good news! Recent research into individuals with diverse skill sets found that jacks-on-all-trades are more likely to start a business and succeed as entrepreneurs than those who have only a specialised skill. The reason? They can see more opportunities and are more resourceful when solving problems in an uncertain situation like setting up a new business. It doesn't stop there. Jacks-of-all-trades who are particularly passionate about developing and nurturing startups are more likely to form highly competent and motivated teams.   The study was conducted by Kevin Au, Associate Professor at the Department of Management, as well as directors for both the Centre for Entrepreneurship and the Centre for Family Business at The Chinese University of Hong Kong (CUHK) Business School. His collaborators included Anna Hsu, his PhD student; Prof. Yingzhao Xiao at Tianjin University; and Prof. Marta Dowejko, Research Assistant Professor of Department of Management at Hong Kong Baptist University's School of Business.   The researchers were curious about what lay beyond the past findings of human capital research. Such research showed that, as employees, jacks-of-all-trades did not do as good in on-the-job performance as those who had specialized skills. Past research also showed that individuals who gained a variety of skills through training were more likely to start their own business. Yet if a jack-of-all-trades is likely to become an entrepreneur, he or she should also be good at launching startups ......read more

An Immersive Viewing Experience Like Never Before: Samsung Introduces 2020 TV and Soundbar Line-up

New line-up will captivate users with its premium design, sophisticated picture quality, AI-powered innovation and immersive sound experience Samsung Q950TS QLED 8K TV SINGAPORE - Media OutReach - 25 June 2020 - Samsung Electronics Singapore unveiled its 2020 TV line-up today, featuring its next-generation QLED 8K TVs, expanded QLED, Crystal UHD TV ranges, as well as an all-new soundbar line-up. With artificial intelligence (AI)-based innovations powering a more immersive viewing experience, as well as intelligent, connected features, the 2020 line-up delivers the ultimate home entertainment experience. The flagship Q950TS QLED 8K TV is the cornerstone of this year's line-up. It is the first TV in the industry to feature surround sound audio, true-to-life 8K resolution and a stunning, ultra-thin form factor. Samsung will also launch the Q800T QLED 8K TV range as part of its 2020 QLED 8K TV line-up. "8K and QLED technology is changing the way we consume content on TVs. With the growth of gaming and streaming content, as well as increased adoption of 8K formats, Singapore consumers are demanding more from their TVs. Our QLED 8K TVs are engineered to exceed consumer expectations now and in the years to come. We are also noting the shift to bigger TV screen sizes as more households perceive the TV as a communal piece of technology where families gather together to enjoy their favourite content," said Steven Koh, Director, TV & AV, Samsung Electronics Singapore. "Our 2020 line-up offers extensive choices for households, boosted by industry-leading innovation and unparalleled smart features that will redefine the consumer viewing experience at home." Reinventing TV Design with QLED 8KThe Q950TS QLED 8K TV essentially eliminates the bezel around the display to create a screen-to-body ratio of nearly 99 percent, the largest in the market. When watching from a distance, users can experience a stunning Infinity Screen effect wh ......read more

Chinachem Group Sends Tuen Ng Festival Greetings to Underprivileged Citizens

HONG KONG, CHINA - Media OutReach - 25 June 2020 - The impact of the COVID-19 pandemic is pummelling the local economy deeper into recession. With the unemployment rate hitting a 15-year high, many grass-roots citizens have seen their income significantly reduced, which is profoundly affecting their livelihoods. This year in the approach to Tuen Ng Festival, Chinachem Group (the Group) is co-operating with the Foodlink Foundation to distribute 2,500 food packs through 11 non-profit organisations. The food packs will be sent to people in need in the Tsuen Wan, Kwai Tsing and Tung Chung areas, accompanied by Tuen Ng Festival greetings.Group photo - Wong Hung Han, Chief Operating Officer of Chinachem Group (2nd right), with the Chinachem Volunteer TeamUnderprivileged citizen is delighted after receiving food packs from the Chinachem Volunteer Team   Chinachem's Volunteer Team visited one of the non-profit organizations to deliver the food packs in person to 100 Tsuen Wan residents on 24 June. The rest of the food packs will be distributed to the needy through the partnering non-profit organisations next month.    Wong Hung Han, Chief Operating Officer of Chinachem Group said, "The Group has an enduring commitment to corporate social responsibility; it has been paying close attention to the progress of the epidemic as well as the needs of citizens. Having earlier donated 200,000 masks to the community, we have launched another round of support in co-operation with the Foodlink Foundation to deliver HK$500,000 worth of food packs to vulnerable citizens, in an effort to combat the impact of the coronavirus pandemic alongside them."   Fulfilling its commitment to make a positive impact on the community and create shared value, the Group has also launched an internal food donation programme, setting up a canned and dried food collection point at its head office to encourage staff members to participate in this meaningful event and ......read more

Deutsche Bank enables secure and compliant messaging platforms with a reach of 3+ billion users via Symphony

Symphony Connect Solution integrates WhatsApp into Deutsche Bank communication channels with clientsIt follows the successful introduction of WeChat via the Symphony platform in November 2019The WhatsApp integration addresses clients' needs to interact through their preferred channel, especially at a time when they need Deutsche Bank the mostIt represents the latest example of co-innovation between Deutsche Bank and Symphony   HONG KONG, CHINA - Media OutReach - 25 June 2020 - In a drive to continuously simplify and improve its client interactions through secure and compliant channels, Deutsche Bank has become one of the first companies to enable the Symphony Connect Solution for secure chat and collaboration with its clients via WhatsApp. Following the successful introduction of the WeChat functionality in November 2019, more than 3 billion users can now securely and safely communicate with Deutsche Bank employees, who are restricted in the platforms they can use due to regulatory requirements. Through Symphony, Deutsche Bank can communicate with clients anytime, anywhere via their preferred chat platform while meeting stringent security and compliance criteria, such as surveillance and data retention.   This latest development, co-innovated with Symphony, expands Deutsche Bank's diversification of its client interaction platforms, in addition to traditional methods such as email and telephone calls. The ongoing COVID-19 pandemic has brought into sharp focus how important it is for banks to stay in close contact with clients to provide advice and expertise during this challenging period.    "An important part of our technology strategy is to enable our people to securely meet our clients at a time and place of their choice, and bringing together Symphony and WhatsApp is a truly innovative way to do so," says Bernd Leukert, Chief Technology, Data and Innovation Officer at Deutsche Bank.   Stefan Hoops, Head of the Corporate ......read more

Apply and Secure Singapore Citizenship and Permanent Residency with IASG

SINGAPORE - Media OutReach - 24 June 2020 - IASG provides foreigners with accurate advisory and effective immigration solutions in light of the travel and job restrictions implemented to manage the pandemic.IASG launches a campaign to help foreigners attain PR or attain Singapore Citizen despite the current pandemic.Handling complexities inherent in applications, IASG adopts a personalised and solutions-driven approach for each case.Despite the Circuit Breaker restrictions, IASG remains business-as-usual, offering exclusive discounts, free video consultations, and expedited profile analysis and submissions for all clients. IASG has established itself to be the trusted immigration solutions provider in Singapore. Awarded the 'Best Immigration Consultancy Firm 2020 -- South East Asia' title by APAC Insider, IASG has been offering unrivalled advice to clients and preparing strong applications for PR, Singapore Citizenship, and business relocation in Singapore since 2014. With in-depth knowledge of Singapore immigration policies and experienced immigration professionals, the consultancy firm aids in the seamless transition of nationalities for foreigners and multiple enterprises looking to invest their future in Singapore.Secure Livelihood in Singapore with the IASG PackageWith the pandemic, millions are bearing the brunt of job losses, increased health risks, and vocational disruptions. Adapting to this new normal is no easy feat, especially with immigration restrictions hindering employability and foreigners from finding security in the form of a home in Singapore.The 'Keep Healthy. Keep it Right. Secure Your Approval' campaign by IASG offers foreigners an opportunity to find their foothold in Singapore, especially during these difficult times. IASG has implemented additional strategies and continues to work closely with government counterparts to accelerate applications with its integrated approach and expedited packages. Striving to stick to ......read more

Spackman Entertainment Group’s #ALIVE, Starring Yoo Ah-in of Spackman Media Group And Park Shin-hye, Opens At #1 And Captures 86.3% of The Korean Box Office

Produced by the Group's indirect wholly-owned subsidiary, Zip Cinema, #ALIVE was released on 1,663 screens and grossed US$1.1 million in box office revenue as of the first day of its wide release on 24 June 2020#ALIVE continues to dominate Korea's advance ticket reservations with a market share of more than 60%Distributed by Lotte Entertainment, #ALIVE headlines Spackman Media Group's Yoo Ah-in of DEFAULT (2018) & BURNING (2018) and Park Shin-hye of MEMORIES OF THE ALHAMBRA (2018) and THE DOCTORS (2016)#ALIVE, a zombie thriller movie film directed by Jo II Hyung, is based on an original scenario by Hollywood writer Matt Taylor SINGAPORE - Media OutReach - 25 June 2020 - Spackman Entertainment Group Limited ("Spackman Entertainment Group" or the "Company" and together with its subsidiaries, the "Group"), one of Korea's leading entertainment production groups, wishes to announce that #ALIVE, produced by the Company's indirect wholly-owned subsidiary, Zip Cinema Co., Ltd. ("Zip Cinema"), opened #1 at the Korean box office on the first day of its wide release on 24 June 2020. The film is Zip Cinema's latest project following, CRAZY ROMANCE, which was ranked as the best romantic comedy film last year in Korea. According to the latest statistics from the Korean Film Council, #ALIVE recorded total ticket admissions of 208,099 with gross box office revenue of US$1.1 million as of its opening day, 24 June 2020[1]. The film, which was released on 1,663 screens, captured 86.3% of the nationwide market share of box office revenue on its first day. #ALIVE continued to achieve #1 in advance ticket bookings with a dominant market share of 62% as of 25 June 12am[2]. Headlined by top leading actor Yoo Ah-in of UAA & Co Inc. ("UAA"), a subsidiary of the Group's associated company Spackman Media Group Limited ("Spackman Media Group"), and popular actress Park Shin-hye, #ALIVE is based on an original scenario by Hollywood writer Matt Taylor, who pr ......read more

AOC Smashes Global Competition, named as the No.1 Gaming-Monitor Brand

After years of close cooperation with the international gaming community, AOC is now the top gaming-monitor brand globally  SINGAPORE - Media OutReach - 24 June 2020 - For more than 80 years, AOC, a global leader in display technology, has designed and created an award-winning array of top-performing monitors for millions of loyal customers in over 120 countries. These customers include a large AOC fan base within the fast-growing global gaming community. With its design strategy based on continual product development and consultation with these gaming devotees, AOC is now the world leader in gaming monitors, according to figures from market analysis firm International Data Corporation (IDC).   The figures were published in IDC's Quarterly Gaming Tracker for 2019Q4. In the category of gaming monitors with refresh rates of 100Hz and above, IDC's figures indicate AOC achieved its market-leading position with cumulative sales of more than 2.6 million units, for a market share of around 18%. Clearly, AOC gaming monitors enjoy unrivaled popularity with gamers worldwide!   Advanced high-performance products a hit with gamers Gamers are demanding monitors in a range of styles and performance metrics, and AOC's successful strategy is to meet the needs of both "pro" and leisure gamers, staying ahead of the competition, ensuring aggressive design, unrivaled performance and special features for the most demanding gamers. AOC's top gaming monitor sub brand, Agon is a perfect example with refresh rates of up to 240Hz, a 0.5ms response time, and anti-tearing adaptive sync technology, including G-Sync from Nvidia and AMD's FreeSync.   Providing top performance for these different market segments, the AOC line-up includes the 34-inch CU34G2X, a superwide curved model in a 21:9 aspect ratio, where the user can enjoy a full field of view. In the AOC Agon range, the 32-inch AG323QCXE monitor has a curvature of 1500R, for a fully immersive gami ......read more

OctaFX rescues a centre for visually impaired children in Penang

KUALA LUMPUR, MALAYSIA - Media OutReach - 24 June 2020 - OctaFX, a multi-asset online trading broker, donated 88,000 ringgit to the St. Nicholas Home (SNH) for the blind as part of its charity campaign during Ramadan.   Many trades take place every day, and OctaFX decided to harness this power and donate .20 USD from their pocket on every trade as part of its annual Ramadan charity campaign. The results were truly encouraging.   When the company began searching for a worthy organization, desperately in need of funds, they came across several heartbreaking articles about a child care centre for blind children in Penang, Malaysia. The centre was prepared to close if they did not receive funds soon.   The centre have been experiencing challenges stemming from the beginning of Movement Control Order (MCO). One teacher can help a maximum of three visually impaired children. SNH was unable to fund the salaries of three teachers, which would force this needy centre to lay off their much-needed staff.   According to the centre's general manager David Chiang, the SNH provides multiple services for the blind and visually impaired, ranging from the age of 2 to 77. However, since 2018 their usual 90,000,000 endowments from the Malaysian government ended, which has forced them to rely on the general public for help. The MCO and COVID-19 signaled the end for the SNH and their child care centre. Fortunately, now they are not forced to close their doors, and instead, have them remain open due in large part from OctaFX's help.   For more information, you can contact David Chiang, SNH general manager at +60 12 4285911....read more

DoH underscores the importance of clinical trials for COVID-19 vaccine

In cooperation with Sinopharm Group and UAE G42 Group ABU DHABI, UAE - Media OutReach - 24 June 2020 - The Department of Health - Abu Dhabi (DoH) has underscored the importance of clinical trials to enhance the healthcare sector and keep abreast of modern scientific developments. This announcement was made in parallel with the third phase of clinical trials of the Covid-19 inactivated vaccine developed by Sinopharm Group. This represents DoH's support in the international efforts to combat Covid-19 and highlights the vital role of scientific research and innovation in the global battle against this pandemic. The agreement signing between the two groups was held in the presence of H.E. Sheikh Abdullah bin Mohammed Al Hamed, Chairman of DoH and H.E. AbdulRahman Bin Mohammed Al Owais, the Minister of Health & Prevention of the United Arab Emirates and a number of representatives of UAE Group 42, who will be coordinating with Sinopharm Group and conducting clinical trials in the Emirate under the supervision of DoH. DoH explained that the Emirate will take part to support in accelerating the clinical trials for the world's first Covid-19 inactivated vaccine, which has passed its first and second clinical trials in China. The results have demonstrated the safety of the vaccine, with no serious adverse reactions. The clinical trials will be conducted with the participation of volunteers in a number of hospitals across the Emirate. ​ The agreement supports the third phase of the vaccine clinical trials that focus on the safety and efficacy of the vaccine. These clinical trials are part of a broader range of experiments that will be implemented in accordance with established regulations and systems that are in place to ensure that research adheres to the highest international standards. The agreement will also lead to an exchange of expertise in the field of scientific research. Commenting on the announcement, Dr. Jamal Alkaabi, Acting Und ......read more

CanAm: More Hong Kong residents favoring EB-5 visa to immigrate to the U.S.

HONG KONG, CHINA - Media OutReach - June 24, 2020 - Amid a recent increase in immigration enquiries in Hong Kong, the U.S. EB-5 Immigrant Investor Program has seen growing popularity. The EB-5 visa, administered by the U.S. Citizenship and Immigration Services (USCIS), offers a path to obtaining lawful permanent resident status in the US (Green Card) through direct investment.   According to Charles Oppenheim, Chief of the Visa Control and Reporting Division, U.S. Department of State, with significant number of unused family-based visas in FY2020, more than 14,200 EB-5 visas will be available for distribution in 2021. The Department of State treats Hong Kong (and Macau and Taiwan) as a separate foreign territory from mainland China for the purposes of immigration visa quotas. Thus, foreign nationals who are born in Hong Kong are not charged under the mainland China visa categories.    "We are pleased to offer U.S. immigration opportunities to Hong Kong investors via renowned local partners," said Tom Rosenfeld, President and CEO of CanAm Enterprises, a leading EB-5 regional center operator. "CanAm Enterprises' EB-5 investment track record is unmatched. More than 5,000 investor-families have come to CanAm to obtain permanent green cards through the U.S. Immigrant Investor Program. By the end of this year, we will have repaid $1.7 billion in EB-5 capital from our investors, more than the rest of the industry combined," added Rosenfeld.   The U.S. remains a popular destination for immigration due to matching salary packages, living standards, and quality of education. Compared to other paths to citizenship, the EB-5 is attractive for investors due to its more relaxed education or language requirements, not requiring employment or family sponsorship, reasonable residency requirements, only requiring a passive investment, and more. The minimum investment required under the EB-5 Program is US$900,0 ......read more

AIA and EY Release New Report on Insurance for High Net Worth Individuals; 90% of Singapore Respondents Leverage Insurance Solutions as Part of Wealth and Legacy Planning

78% of respondents in Singapore believe that insurance plays a significant role in creating and preserving wealth SINGAPORE - Media OutReach - 24 June 2020 - AIA together with EY today launched a new report providing new insights into High-Net-Worth Individuals (HNWIs), in the context of their views and adoption of insurance solutions. The report identifies specific challenges faced by HNWI's and explores how insurance solutions can help this segment with their overall wealth management. Ms. Ho Lee Yen, Chief Customer and Marketing Officer of AIA Singapore said, "High-Net-Worth Individuals in Singapore are starting to look far beyond basic life insurance coverage towards more holistic protection offerings including healthcare support, estate planning, tax optimisation, business succession, and debt risk mitigation. Early planning and holistic wealth management are critical in helping safeguard legacies, especially during times of economic uncertainty, and smart insurance solutions can provide a source of passive income streams as well as the asset diversification required to buffer against market volatility." "More critically, for many entrepreneurs struggling to maintain business continuity during this trying period, insurance solutions such as keyman insurance are now being considered as a form of long-term wealth protection for their business regardless of size and scale," she said.  Mr. Dustin Ball, Partner and APAC Insurance Strategy Leader at EY, said, "The findings show that HNW individuals are a diverse segment and face specific challenges based on the source of their wealth. These challenges are well-suited to insurance solutions and there is an opportunity to increase the understanding and awareness of how insurance products can augment wealth planning." Notable findings from the report include:70% of HNW respondents in Singapore said that insurance comprises more than 10% of their wealth and legacy planning, compared with the 52% i ......read more

Trend Micro Once Again Ranks Number One in Global Hybrid Cloud Security

Latest analyst report finds Trend Micro holds three times the market share of number two player HONG KONG, CHINA - Media OutReach - June 24, 2020 - Trend Micro Incorporated (TYO: 4704; TSE: 4704), the global leader in cloud security, today announced it has been ranked #1 in 2019 market share for Hybrid Cloud Workload Security, according to IDC's Worldwide Hybrid Cloud Workload Security Market Shares, 2019 (doc #US46398420, June 2020) report.   With a market share of 29.5% last year, three times that of the number two vendor, Trend Micro was described in the report as the "800-pound gorilla" in this space and "the dominant leader in SDC workload protection."   "As IDC mentions in its report, our leadership position in this space is no accident. We spotted how important workload security was going to be more than a decade ago and have been building out our capabilities ever since," said Wendy Moore, vice president of product marketing for Trend Micro. "While other vendors shout loudly about their professed leadership, IDC's findings paint a different picture. Trend Micro continues to build on our market position with new products and capabilities designed to support our customers' growth ambitions in hybrid cloud and cloud infrastructure services."   IDC defines hybrid cloud workload protection as protecting the VMs and containers that run on top of SDC environments. Trend Micro made its first moves in this space back in 2009, by investing significantly in recently acquired host-based intrusion-prevention and firewall software for cloud and virtualized data center environments.   The report goes on to mention that the keys to Trend Micro's position include significant cloud innovations, as well as the acquisition of Cloud Conformity to tackle customers' cloud misconfiguration challenges. Additionally, a partnership with Snyk helps to address vulnerabilities stemming from DevOps teams' reuse of open source code repositor ......read more

Multiply Capital Launches Innovative Startup That Provides Financing for SMEs

SINGAPORE - Media OutReach - 24 June 2020 - Multiply Capital, a subsidiary of IFS Capital Limited, has launched its new website in Singapore, providing financing for micro and small businesses in Singapore. Made for Small Businesses Multiply's unique set up allows it to offer financing to businesses typically deemed too small for financing. These include start-ups, sole-proprietorships/partnerships, and other small enterprises, where the average working capital requirement is ~S$30-50k.  Since Multiply started, its average loan size is around S$20k, with the smallest invoice funded being $500. Innovation through Intrapreneurship Multiply was started via IFS' intrapreneurship and incubation programme, aiming to empower entrepreneurs within the company to come up with innovative business ideas to better serve their clients.  The idea for Multiply was conceived when the team noticed a gap for smaller sized loans, which tend to not be profitable for most financing companies to provide. Further, smaller companies tend to have limited, incomplete financial data, which adds to the difficulty in doing an accurate risk assessment and credit evaluation. Jonathan Chong, Chief Operating Officer of Multiply Capital, commented, "With the resources and the experience of IFS, as well as the agility and nimbleness of our start-up, we were able to develop a fast and affordable service for micro and small enterprises. Changing the way Business is Being Conducted Multiply offers small-ticket working capital loans and invoice financing. "We saw a demand in the market as smaller companies had a lot of their cash flow locked up in unpaid invoices. That gave us the idea to start this segment of our business," added Jonathan Chong, the Chief Operating Officer of Multiply Capital. With the help of cutting edge open-source technologies, such as Amazon Web Services, Machine Learning, and NoSQL, Multiply is able to lower our cost via a simple team struct ......read more

Southco Announces Website Relaunch

HONG KONG, CHINA - Media OutReach - 24 June 2020 - Southco, Inc., a global leader in engineered access solutions, is pleased to announce the relaunch of its completely redesigned and refreshed website, southco.com. Through this launch, Southco is delivering an improved user experience to its customer base, enabling mechanical engineers to find solutions to their design challenges faster than ever before. The new and improved southco.com features a user friendly design with a fully responsive, clean layout that is compatible with all browsers and mobile devices. Created with the user experience in mind, the redesign includes many new features to help users quickly and easily navigate the site to find the appropriate access products for their applications. New features include: Intuitive Site Search. View product images, SKUs and product descriptions in search and get results by most commonly searched product features.Improved Compliance Verification. Easily search by product SKU to find required compliance documents and download them to pass compliance checks.Dedicated Industry Pages. Discover application areas where Southco can provide value by helping to improve functionality and industrial design.Frequently Asked Questions. Search answers by keyword or category, and easily cross reference part numbers with Southco products. The redesigned southco.com is globally accessible and is available in nine languages, including English, German, French, Spanish, Italian, Chinese, Japanese, Korean and Portuguese. Additionally, tools and resources such as CAD downloads, technical information, brochures and case studies have been made more readily accessible through relevant product and support pages. "The new and improved southco.com puts the customer experience first," said Gerry Clisham, Director of Marketing & eCommerce, Southco, Inc. "The updates allow users to more easily discover solutions to their biggest design challenges through a r ......read more

African Energy Chamber: African Lives Matter, Too. Energy Policy Decisions Should Consider Their Needs

JOHANNESBURG, SOUTH AFRICA - EQS Newswire - 24 June 2020 - As African oil and gas countries struggle with Covid-19's devastating impact on demand, two international groups seem to be celebrating it. Earlier this month, the Organisation for Economic Co-operation and Development (OECD) and the International Energy Agency (IEA) described the low oil prices caused by the pandemic as a "golden opportunity" for governments to phase-out fossil fuel support and usher in an era of renewable energy sources. "Subsidising fossil fuels is an inefficient use of public money and serves to worsen greenhouse emissions and air pollution," OECD Secretary-General Angel Gurría said in a joint OECD-IEA statement. "While our foremost concern today must be to support economies and societies through the Covid-19 crisis, we should seize this opportunity to reform subsidies and use public funds in a way that best benefits people and the planet." I would argue that the OECD and IEA don't necessarily know what's best for the people who live on this planet. Pressuring governments to stop supporting fossil fuels certainly would not be good for the African oil and gas companies or entrepreneurs striving to build a better future. And it could be downright harmful to communities looking at gas-to-power initiatives to bring them reliable electricity. Too often, the discussion about climate change - and the call to leave fossil fuels in the ground- is largely a western narrative. It does not factor in the needs of low-income Africans who could reap the many benefits of a strategic approach to oil and gas operations in Africa: reduced energy poverty, job creation, and entrepreneurship opportunities, to name a few. Ironically, a policy that would jeopardize Africans' ability to realize those benefits is being recommended at the same time protesters across America are calling for equity in some of the same areas. Although police violence against people of color is at the center of the prot ......read more

APICORP Receives Credit Rating of 'AA' with a Stable Outlook from Fitch Ratings, Reflecting Strong Credit Profile and Continued Growth

Stable outlook a reflection that APICORP's credit profile is resilient to negative pressures stemming from the COVID-19 pandemic and oil price shockKey drivers of the rating include APICORP's intrinsic credit features, excellent capitalization, low risk profile, high credit quality of its borrowers and strong risk management practicesFitch assesses APICORP's access to capital markets and alternative sources of liquidity as 'strong'This second rating makes APICORP the only financial institution in the MENA region rated 'AA' by Fitch and 'Aa2' by Moody'sDAMMAM, SAUDI ARABIA - EQS Newswire - June 23, 2020 - The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, today announced that Fitch Ratings assigned it a Long-Term Issuer Default Rating (IDR) of 'AA' with a Stable Outlook.Image link: https://bit.ly/381eatuImage link: https://bit.ly/317vQlCAccording to Fitch, APICORP's Long-Term IDR of 'AA' is based on excellent capitalization with low risk profile, and strong liquidity assessment with a 'medium risk' business environment. The Stable Outlook reflects Fitch's view that "APICORP's credit profile is resilient to negative pressures stemming from the COVID-19 pandemic and oil price shock."Furthermore, Fitch affirmed that APICORP, as a commercially focused MDB with an above-peer level of internal capital generation, has been profitable in almost every year since its inception. This is, in Fitch's view, due to very limited credit losses, as evidenced by the high credit quality of its borrowers and 'very low' NPL [non-performing loans], as well as strong performance of the equity portfolio.Dr. Ahmed Ali Attiga, CEO of APICORP, said: "We are pleased that the new rating from Fitch reaffirms APICORP's robust and healthy financial profile, underpinned by a sustainable business model that continues to drive value and growth. This is a testament of APICORP's ability to execute its important public mandate in the stra ......read more

AIRSIDE takes Kai Tak to new heights

Nan Fung Group transforms old airport site into Hong Kong’s newest landmark AIRSIDE transforms old Kai Tak airport into Hong Kong's newest landmark HONG KONG, CHINA - Media OutReach - 23 June 2020 - Nan Fung Group has announced its plan for AIRSIDE, a 1.9 million sq. ft mixed-use commercial development in the Kai Tak area. The flagship project, which set a record HK$24.6 billion land bid in 2017, comprises of a 47-storey mixed-used development building including an over 30-storey Grade A office and a multi-storey retail complex with an interconnected underground shopping street. The total investment in the project will reach HKD$32 billion. AIRSIDE embraces a new urban lifestyle concept of wholeness, inviting everyone and the community to gather at a place where you can be yourself and connect to others and nature. The development manifests Hong Kong's contemporary urban metabolism through showcasing experiential retail and leisure spaces, while its sky-high neighbourhood will be where businesses can set their sights on the surroundings and expand their horizons, make new networks and create changes. The authentic streetscape will also be playing host to an array of cultural and entertainment events, allowing for a change of pace, for people to pause and for new perspectives to be developed in the urban everyday lives. The development is set to open in Q4 2022.Nan Fung Group is an international conglomerate that has been rooted in Hong Kong for over 60 years. Today, the Group is leading the transformation of the site of what was once Hong Kong's iconic former international Kai Tak Airport into a new Central Business District (CBD 2.0).A Place for Wholeness Vanessa Cheung, Group Managing Director of Nan Fung Group said, "Nan Fung has always been committed to curating unique and authentic lifestyle experiences for Hong Kong. We try to weave together the social and cultural fabric of an area to create a unique vibe for each destination and fresh new a ......read more

'Catch 9 Elves' in Reality and Win a FREE STAY at Dorsett Wanchai

With free breakfast, dinner, 3 limited-edition toy elves and more...Only at HK$700nett per night HONG KONG, CHINA - Media OutReach - 23 June 2020 - The 4.5-star award-winning family hotel Dorsett Wanchai presents its newly launched "Catch the Elves @ Dorsett Wanchai" Staycation Package at HK$700nett per night. The package includes free buffet breakfast and in-room dinner set, participation in the 'Catch the Elves' game with 3 limited-edition toy elves as souvenirs. The offer is valid until 30 September, 2020.   The 'Catch the Elves' game is every kid's all-time favourite of all virtual games -- and Dorsett Wanchai is letting you enjoy this 'virtual' game in reality, allowing the little ones to bring home not only 1 but 9 cuddly elves!   Upon booking this package, children will get to join the 'Catch the Elves' game -- finding the 3 hidden elves in the room to bring home (3 toy elves per stay) -- and get 3 stamps from the hotel when checking out as evidence for completing the mission.  When all 9 elves have been collected, you will be rewarded with 1-night FREE STAY at the hotel!   The package at HK$700nett is inclusive of 1-night at Premier RoomJoin the 'Catch the Elves' game and get 3 limited-edition toy elves per stayFree in-room dinner set (Pizza & pasta carbonara)Free buffet breakfast for 2Free 1-time in-room minibarHK$100 worth of Foodpanda discount code (for in-room orders)^Late check-out till 2 pm With special room upgrade offers Upgrade to the Family Quad Room at HK$400nett per night with free breakfast for 4 people, an in-room Piñata and a limited-edition 3D miniature horseUpgrade to a Theme Suite at HK$600nett per night with an in-room Piñata and a limited-edition 3D miniature horse   Terms & Conditions Valid for stays between 15 Jun and 30 Sep, 2020  Foodpanda vouchers valued at HK$100 consists of 5 HK$20 vouchers. Each HK$20 voucher can be used only for amounts over HK$220 (exclud ......read more

UnionBank Bridges the Gap for Unbanked Filipinos through Cash-out via 11,000 Remittance Outlets Nationwide

SINGAPORE - Media OutReach - 23 June 2020 - Union Bank of the Philippines (UnionBank) recently rolled out more cash-out options for customers via 11,000 remittance counters across the Philippines, including in rural areas where most of the unbanked and underserved population are located.This makes UnionBank the first Philippine bank to launch the largest cash-out network in the country -- a crucial step seen to significantly improve access to financial services for communities amidst the current pandemic.Recognizing that sending funds to families and relatives living in provinces has been challenging, especially in far-flung areas where ATMs and bank branches are scarce or unavailable, UnionBank identified that the best course of action to address this concern was to enable customers to send money from home via its app to remittance counters in underserved areas.The Bank leveraged existing partnerships with top Philippine fintechs such as Dragonpay and Coins.ph, as well as remittance centers Cebuana Lhuillier, LBC, PeraHub and Palawan Express. Integrating the service on UnionBank's app was made possible in a short amount of time through Application Programming Interfaces (APIs) exposed on the Bank's API Developer Portal/ Marketplace. This also enabled rural banks, who are currently on the UnionBank's i2i network, to connect to the payout counters, allowing their account holders to send or withdraw funds from these non-traditional outlets.In just a couple of weeks, UnionBank secured approval from the Central Bank of the Philippines, to perform a live pilot remittance and roll out the feature in the UnionBank Online app."With the onset of this pandemic, it has become crucial that our products and services quickly adapt to the challenges presented in this new digital normal," said Edwin Bautista, UnionBank President and Chief Executive Officer. "This cash-out service is just one way for UnionBank to demonstrate its commitment to financial inclusion as we ......read more

Ingenico takes Russian eCommerce by storm reaching over a billion USD transactions in the first 18 months

AMSTERDAM, NETHERLANDS - Media OutReach - 23 June 2020 - Ingenico Group (Euronext: FR0000125346 - ING), the global leader in seamless payments, today reveals that within 18 months of going live, its Russian Payments Solution has outperformed all expectations with impressive payment volumes and customer adoption. It is now one of the fastest growing payments offerings from Ingenico ePayments, providing unique local acquiring and payment capabilities for international businesses selling online to Russian consumers in digital goods, retail, travel and more. The success of the solution is credited to Ingenico's deep understanding of the Russian financial system and partnerships it has built within the Russian banking ecosystem. Through these partnerships Ingenico developed a unique solution with local access to the Russian financial system and payment landscape providing local acquiring, local payment methods and multi-currency processing capabilities. Ingenico is managing massive volumes through its new solution - a billion in USD flow in its first 18 months - and is seeing impressively high payment approval rates. By working with leading acquiring banks such as Sberbank and Alfa Bank, Ingenico has seen impressive approval rate increases of up to 20% for customers. A high approval rate is crucial for online businesses as it leads to more online sales, lower shopping cart abandonment and returning customers.  The Russian Payments Solution offers Mir (Russia's domestic card scheme) and Russian e-wallets Qiwi and Yandex.Money. It supports domestic payments in multiple currencies in addition to the Rouble, including EUR and USD reducing the risk for Russian issuers. It is fully compliant with MirAccept, Russia's equivalent of the 3D Secure authentication mechanism. Ingenico is also regularly adding new capabilities including a BSP feature for airlines with local acquiring, single report and single remittance. The solution's capabilities and outsta ......read more

Microsoft introduces new features in Teams to connect users with friends and family – now available in mobile preview

New features designed for personal life begin to roll out in preview to the Microsoft Teams mobile app today SINGAPORE - Media OutReach - 23 June 2020 - Microsoft today announced new Teams features that extends beyond work life to personal life. The new features are designed to alleviate the need for disparate tools and instead, offer one central hub for individuals, groups, and families to collaborate, stay connected and organized.   Users can expect to connect, collaborate, and jointly organize their lives across work groups, friends, and family. The new features start to roll out in preview to the Teams mobile app today and will be fully rolled out in the coming weeks.   "We are using multiple apps and tools--both online and offline--such as calendars, email, messaging, photo apps, to-do lists, and documents to manage it all. Every day more people love what Teams does for them because it is the hub for teamwork that lets you chat, meet, call, and collaborate all in one place. And while Teams is great for work, we believe it can help everyone better manage their responsibilities across work and personal life. With these new features, we hope to extend the power of Teams to your personal life whether you're managing daily family life or just trying to stay connected and in sync with those who matter most," said Rami El Bayadi, Regional Director, Microsoft Office Asia.   With the new features, Microsoft hopes to provide users one app that seamlessly manages work and personal life as well as staying connected with those who matter most. Microsoft Teams will now provide the tools for users to manage daily life; share grocery lists, organize across family calendars, safely store important information like Wi-Fi passwords and account info, and even see location updates when loved ones arrive home or at other locations like work or school.   Stay connected with text chat and video calling: Microsoft Teams will become ......read more

Spackman Entertainment Group's Upcoming Zombie Thriller, #ALIVE, Starring Yoo Ah-in of Spackman Media Group and Park Shin-hye, Dominates Korea's Advance Ticket Reservations with A Market Share Of 57.7% Prior To Scheduled Opening Day On 24 June 2020

Produced by the Group's indirect wholly-owned subsidiary, Zip Cinema, #ALIVE achieved #1 in advance ticket bookings with a dominant market share of 57.7% two days ahead of its release on 24 June 2020In comparison, the Group's most recent film, CRAZY ROMANCE, which resulted in commercial success, attained a market share of 12.3% two days prior to its opening dayDistributed by Lotte Entertainment, #ALIVE headlines Spackman Media Group's Yoo Ah-in of DEFAULT (2018) & BURNING (2018) and Park Shin-hye of MEMORIES OF THE ALHAMBRA (2018) and THE DOCTORS (2016)#ALIVE, a zombie thriller film directed by Jo II Hyung, is based on an original scenario by Hollywood writer Matt Taylor SINGAPORE - Media OutReach - 23 June 2020 - Spackman Entertainment Group Limited ("Spackman Entertainment Group" or the "Company" and together with its subsidiaries, the "Group"), one of Korea's leading entertainment production groups, wishes to announce that #ALIVE, produced by the Company's indirect wholly-owned subsidiary, Zip Cinema Co., Ltd. ("Zip Cinema"), ranked #1 in advance ticket reservations as of 22 June 2020, prior to its scheduled opening day on 24 June 2020. The film is Zip Cinema's latest project following CRAZY ROMANCE, which was a commercially successful film for the Group.   According to the latest statistics from the Korean Film Council, the market share of advance booking of tickets for #ALIVE stood at a commanding 57.7% as of 23 June 2020 12am Korea time[1]. As compared to #ALIVE, CRAZY ROMANCE recorded a market share of 12.3% two days prior to its opening day.   Headlined by top leading actor Yoo Ah-in of UAA & Co Inc. ("UAA"), a subsidiary of the Group's associated company Spackman Media Group Limited ("Spackman Media Group"), and popular actress Park Shin-hye, #ALIVE is based on an original scenario by Hollywood writer Matt Taylor, who produced the American documentary series, SMALL BUSINESS REVOLUTION: MAIN STREET. Yoo Ah-in of UAA w ......read more

Amid Turmoil, 2020 Tang Prize Laureates Strive for An Orderly New World

TAIPEI, TAIWAN - Media OutReach - 22 June 2020 - The theme of the 2020 Tang Prize, "for a world of virtue," is intended to extol the pursuit of the ultimate goodness taken up by its latest laureates who demonstrated to us the best one can achieve in the fields of environmental sustainability, medical science, history and philosophy, and law and justice. What shine brightly through the current turmoil are their remarkable achievements, reminding us that only through mutual help and collaboration can we build a new relationship between human, nature, and technology, and eventually find a path to the restoration of world order.   Dr. Jane Goodall, DBE, founder of the Jane Goodall Institute, UN Messenger of Peace and one of the most influential primatologists today, was awarded the 2020 Tang Prize in Sustainable Development, "for her ground-breaking discovery in primatology that redefines human-animal relationship and for her lifelong unparalleled dedication to the conservation of Earth environment." Her work laid a strong foundation for the world's march towards a sustainable future.    The prize in Biopharmacuetical Science went to Charles Dinarello (USA), Marc Feldmann (UK/Australia) and Tadamitsu Kishimoto (Japan) "for the development of cytokine-targeting biological therapies for treatment of inflammatory diseases." Their research, lasting for nearly half a century, has not only made great contributions to basic science but also showed the potential to help patients suffering from Covid-19.   Renowned historian Wang Gungwu won the prize in Sinology, "for his trailblazing and dissecting insights on the history of the Chinese world order, Chinese overseas, and Chinese migratory experience. As the leading scholar on Sino-Southeast Asian historical relations, he developed a unique approach to understanding China by scrutinizing its long and complex relation with its southern neighbors. His erudition and critical discernment ha ......read more

The Lancet Neurology publishes positive results of AFFiRiS' Phase 1 trial with PD01A in Parkinson’s disease patients

Repeated immunisation with PD01A is safe and well-tolerated over an extended time periodActive immunisation with PD01A resulted in a substantial aSyn-specific antibody response and memory effectThis antibody response was associated with a substantial reduction in CSF oligomeric aSyn proteinResults represent long-term data from a first-in-human study series using specific active immunotherapy (SAIT) AFFITOPE® PD01A   VIENNA, AUSTRIA - EQS Newswire - June 22, 2020 - AFFiRiS AG, a clinical-stage biotechnology company developing novel disease-modifying specific active immunotherapies (SAITs), today announced that detailed results of the phase 1 clinical program with its lead candidate PD01 in early Parkinson's disease (PD) patients were published in the peer-reviewed journal The Lancet Neurology (https://doi.org/10.1016/S1474-4422(20)30136-8). The results of the long-term phase 1 trial series demonstrated that repeated immunisation with PD01A is safe and well-tolerated over an extended period of time. The data showed that active immunisation with PD01A leads to a positive antibody response specific for alpha-synuclein (aSyn), a protein that is believed to contribute to the pathogenesis of Parkinson's disease. Active immunisation also resulted in a substantial reduction (mean of 51%) in the levels of aSyn oligomers in the CSF of patients who received the high dose therapy, which is interpreted as a sign of in vivo target engagement.   Extensive evidences support the role of soluble aSyn oligomers as a causative factor in the development of Parkinson's disease and reducing the levels of aSyn oligomers could potentially have disease-modifying benefit in PD patients.   In the trial, the patients were randomised to receive four immunisations with two different doses of AFFiRiS' drug candidate and were followed for at least 3.5 years to assess the safety of the PD01A immunotherapeutic. In particular, this was the first study to assess the feasibility and ......read more

Three NGOs in Bangladesh, Colombia and Lebanon Jointly Awarded 2020 Tang Prize in Rule of Law

TAIPEI, TAIWAN - Media OutReach - 21 June 2020 - Three NGOs were named joint winners of the 2020 Tang Prize in Rule of Law, "for their efforts in furthering the rule of law and its institutions through education and advocacy. Utilizing innovative strategic litigation, informed by rigorous scholarship, these organizations have shown exemplary perseverance in promoting greater individual, social and environmental justice, in milieus where the foundations of the rule of law are under severe challenge." For the first time since its establishment in 2012, the Tang Prize was awarded to organizations. It is a decision the significance of which cannot be underestimated.   The three new Tang Prize laureates are: Bangladesh Environmental Lawyers Association (hereafter "BELA") from Bangladesh, Dejusticia: The Center for Law, Justice and Society (hereafter "Dejusticia") from Colombia, and The Legal Agenda from Lebanon. They share four key features. First of all, they are under the conditions where the foundations of the rule of law are under great challenges; secondly, they are committed to promoting, to improving and to furthering the rule of law and its institutions; thirdly, they utilize strategic litigations that are based on solid academic research, pushing for governmental actions to serve the law's purpose to protect; finally, they are all dedicated to advancing the general public's understanding of the rule of law through education and advocacy, pushing forward the idea that everyone can contribute to the realization of the rule of law.        Established in 1992, BELA works under adverse conditions where poor environmental quality and governmental corruptions continue to ravage the country. While the general public reflects a distrust of legal authorities, BELA promotes the rule of law and environmental justice through public interest litigations, legislative advocacy, research and publication, as well as capacity- ......read more

Wang Gungwu, Doyen of Chinese Overseas Studies, Named Winner of 2020 Tang Prize in Sinology

TAIPEI, TAIWAN - Media OutReach - 20 June 2020 - The 2020 Tang Prize in Sinology was awarded to renowned historian Wang Gungwu "for his trailblazing and dissecting insights on the history of the Chinese world order, Chinese overseas, and Chinese migratory experience. As the leading scholar on Sino-Southeast Asian historical relations, he developed a unique approach to understanding China by scrutinizing its long and complex relation with its southern neighbors. His erudition and critical discernment have significantly enriched the explanation of the Chinese people's changing place in the world, traditionally developed from an internalist perspective or in relation to the West."   Born in Surabaya in the Dutch East Indies (today's Indonesia) in 1930 to Chinese parents, Prof. Wang grew up and received education in British Malaya, and later pursued advanced studies in London, where he got a PhD degree from SOAS, the University of London in 1957. His subsequent academic appointments brought him to Singapore, Malaysia, Hong Kong, Australia and the United States. He was president of the University of Hong Kong from 1986 to 1995, a visiting fellow at Oxford's All Souls College, a Rockefeller visiting fellow at the University of London and recipient of Commander of the Order of the British Empire in 1991. Currently, he is university professor at the National University of Singapore.  Spending much of his life immersed in different cultures gives Prof. Wang diverse personae as a scholar. He is an "insider" in the academic tradition of Chinese Confucianism and British elite education, and an "outsider" in the interpretation of China's perception of the world. "What drew me to that subject (Chinese overseas) was what China meant to the world outside, especially to those Chinese who had left the country and settled abroad," so remarked Prof. Wang in his memoir, Home Is Not Here. His original approach to understanding China from the southern perspective is in par ......read more

The 8th "Xinhui Yamen Gudou Crab Festival" Grandly Opens to Indulge Summer Craze at "Crab Party at Planet Galaxy Beach"

HONG KONG, CHINA - Media OutReach - 19 June 2020 - The 8th "Xinhui Yamen Gudou Crab Festival" will be held from 20 June to 20 August in Xinhui Gudou Hot Spring Town, which is familiar to many Hong Kong people. This year's festival will kick off with the jolly and fun "Crab Party at Planet Galaxy Beach". Xinhui Yamen Fishing Port is one of the eight major fishing ports in Guangdong. The aquaculture in both saltwater and freshwater makes the local seafood exceptionally delicious. Crabs are in season from April to August every year, attracting gourmets from Hong Kong, Macau and the rest of the Pearl River Delta to Yamen. The "Xinhui Yamen Gudou Crab Festival" has become Xinhui City's annual special festival that draws many tourists to the Xinhui Yamen Gudou Hot Spring Town. Gudou crabs are noted for their delicious and smooth meat, so much so that crab congee, steamed crabs, a stew of white gourd and crabs and a stew of free-range chicken and crabs are the locals' favourite dishes and are also very popular among foodies. In this year's Crab Festival, a programme of exciting events will be arranged and they can be enjoyed at discounts. "Crab Party at Planet Galaxy Beach" will be held as the kick-off ceremony on June 20 at Gudou Planet Galaxy Beach, which is a tourist spot popular among many internet celebrities. You will be able to enjoy the crazy games and fantastic performances to your heart's content.To celebrate the annual Xinhui Yamen Gudou Crab Festival, Gudou Holdings Co., Ltd., a well-known operator of hot spring resorts and hotels and developer of tourism properties, will offer the following packages at discounts: One-Day Family Tour "Planet Galaxy Beach + Crab Feast"                           from RMB198 per personOne-Day Tour "Hot Spring in Hot Spring Valley + Crab Feast"               & ......read more

Inhibiting Inflammatory Responses, Three Scientists Awarded 2020 Tang Prize in Biopharmaceutical Science

TAIPEI, TAIWAN - Media OutReach - 19 June 2020 - Charles Dinarello (US), Marc Feldmann (UK/Australia) and Tadamitsu Kishimoto (Japan) were announced joint winners of the 2020 Tang Prize in Biopharmacuetical Science today (June 19) "for the development of cytokine-targeting biological therapies for treatment of inflammatory diseases."  Adding to Dr. Kishimoto's joy of winning the prize with old friends Dr. Feldmann and Dr. Dinarello is the fact that the basic research they spent almost a century on has made a positive contribution to medical science and has even showed the potential to help patients suffering from Covid-19. How can medications that treat inflammatory diseases also be used to combat Covid-19? Many patients with severe Covid-19 can be affected by the so-called "cytokine storm syndrome." A cytokine storm is also an inflammatory reaction which occurs when the body's immune system goes awry and releases an excess of cytokines that not only attack invaders but also start to set upon healthy cells, causing damage to body tissues and organs. Covid-19 is not the only disease that can turn our immune systems against ourselves. Another immune disorder which may cause serious complications and could be fatal is "autoimmune disease," a type of inflammatory disease that can wreak mayhem in the daily life of 5-10% of the global population.  When little was known about cytokines, these three scientists carried out groundbreaking research which revealed their crucial roles as inflammatory mediators. Tumor necrosis factors (TNF), interleukin-1(IL-1) and interleukin-6(IL-6) are among the most investigated cytokines by the scientific community and biologics targeting them are among the most widely used biopharmaceuticals. The Tang Prize awardees have all made transformative contributions to the discovery and/or therapeutic development targeting these three cytokines.  Despite its name, the main job of tumor necrosis factors, as was foun ......read more

Amazon launches Seller University in Singapore to help local retailers digitize

Launched at Amazon's first Singapore Seller Summit, the Seller University is the latest initiative announced by Amazon to help local small and medium retailers unlock growth opportunities through online selling SINGAPORE - Media OutReach - 19 June 2020 - (NASDAQ:AMZN) - Amazon today launched Seller University, an online education portal, for small and medium businesses (SMBs) in Singapore at its first Amazon Singapore Online Seller Summit 2020. With interactive eLearning content, sellers on Amazon.sg can access live practice opportunities and personalized support to better operate on Amazon's store.   The inaugural virtual Seller Summit drew 1,300 participants and saw industry leaders from Amazon, Enterprise Singapore, and OCBC Bank discuss retail trends, growth opportunities, and offer insights on how SMBs can expand their businesses to reach more customers locally and globally.   "Sellers' success is our success. We are heartened to see the overwhelming participation from local businesses at our first ever Seller Summit in Singapore. This is an encouraging milestone and we are committed to supporting local businesses for the long term, with new programs such as Seller University to help in their digital transformation journey," said Bernard Tay, Country Leader, Amazon.sg Seller Services and Head of Amazon Global Selling Southeast Asia, Australia and New Zealand.   New resources for retailers on Amazon The launch of Amazon's Seller University offers sellers a series of rich educational content such as complimentary training videos and online tools to educate businesses on how to sell on Amazon.sg. Sellers will be able to learn how to create effective product listings faster, master the key tools and applications for selling online, benefit from Amazon's tools such as Fulfillment by Amazon (FBA), advertising, promotions, and more. The Seller Central feature is also part of this offering and will provide se ......read more

Nurturing the Designers of Tomorrow: Nippon Paint Continues Driving the Future of Design with Budding Talents 13 Years On

Asia Young Designer Awards (AYDA) gear up for another year to empower young, budding designers of Asia Pacific SINGAPORE - Media OutReach - 19 June 2020 - Organised by Nippon Paint, the Asia Young Designer Awards (AYDA), will see its 13th year of empowering young, budding designers to be agents of change by creating a positive impact, through design, within their communities. Held annually, student participants go through a rigorous selection process to proudly represent their countries for the grand title of Asia Young Designer of the Year 2019/20 at an international level. Despite the Covid-19 outbreak, AYDA pushes boundaries to continue nurturing designers for a better future.Last year saw architect Tanay Bothara from India take his place at the gold spot in the Architectural Category with his award-winning project that saw him spend six weeks attending the Design Discovery Program at the Harvard University Graduate School of Design; an entire experience worth USD10,000 fully sponsored by Nippon Paint, as part of his winning prize, setting the stage for more to come this July. Tanay Bothara attending the Design Discovery Program at Harvard GSD with his course mates Tanay was able to attain a life goal following his gold achievement at the AYDA 2018/19 - to make it to Harvard University's Graduate School of Design 'Design Discovery Program'. "During my time at Harvard University's GSD, I personally had the chance to design a unique civic centre project, which provided me with rare insights from design experts from around the world. It was a great learning opportunity and I'm glad my journey landed me here. I encourage students to take part in AYDA to be able to experience what I have been able to. All it takes is the courage to pursue the competition knowing you have nothing to lose and only so much to gain," said Tanay Bothara, Asia Young Designer of the Year 2018/19 (Architectural Category). AYDA 2018/19 saw Tanay channel humanitari ......read more

Stronger together in a post-COVID-19 world: PSB Academy and Australian universities renew long-term partnerships for five more years

SINGAPORE - Media OutReach - 19 June 2020 - PSB Academy (PSBA), one of Singapore's leading private education institutions, have pledged to renew partnerships with Australian universities The University of Newcastle, Australia (UON) and La Trobe University (LTU), to continue to offer select undergraduate and postgraduate programmes in Singapore for another five years. From top left clockwise:Professor Sally Chan, Pro Vice-Chancellor (Singapore) and Chief Executive Officer, University of Newcastle SingaporeDr Charles Ong, Head of School of Life and Physical Sciences, PSB AcademyDerrick Chang, CEO, PSB AcademyDr Mike Angove, Head, Department of Pharmacy and Biomedical Sciences, La Trobe University, Australia A World's Top 200 University strengthens its roots in Singapore Ranked 197 in the latest QS World University Rankings 2021, UON has been partners with PSB Academy since 2006. Together, they have educated over 6,000 graduates in Singapore in the fields of Business, Commerce, Communication, Engineering, Environmental and Occupational Health and Safety and Information Technology. Professor Sally Chan, Pro Vice-Chancellor (Singapore) and Chief Executive Officer, University of Newcastle Singapore, cites UON Singapore as the Asia Pacific hub of the University. The University's strong culture of inclusion and collaboration in its core planning, teaching, and assessment initiatives with PSB, is its key to maintaining a strong and sustainable internationalisation strategy in Singapore. "Our shared values with PSB Academy have allowed us to be steadfast and effective in developing industry-ready graduates for Singapore and across the region for close to 15 years now. Our students and graduates in Singapore are integral to our international community of excellence. We continue to be confident in our partnership, even as we face formidable challenges in the higher education industry in these trying times," says Professor Chan. STEM education for the ......read more

Learn how to run a connected, intelligent and responsive supply chain: Infor APAC Supply Chain Virtual Summit 2020

Industry experts and customers to tackle post-pandemic supply chain structures, share best practices: June 23-24 SINGAPORE | Sydney, AUSTRALIA - Media OutReach - June 19, 2020 - Infor, a global leader in business cloud software specialized by industry, today announced the Infor APAC Supply Chain Virtual Summit 2020 will take place online June 23-24 with a central theme of how to run a next-generation supply chain.   The two half-day summit will cover a range of topics focused on Supply Chain 4.0, from smart warehousing to running a live supply chain in real time. Attendees will gain insider tips and insights from experts as well as industry peers, such as IDC, DB Schenker, Standard Chartered, Treasury Wine Estates, Greensill, LF Logistics and EBP Global. The event is supported by the Global Supply Chain Council and Geek+.   According to IDC, almost 60% of ASEAN, and Australia and New Zealand manufacturers said their top priority in the next three to four years is to improve supply chain performance.   Cas Brentjens, vice president, Infor Nexus Asia Pacific Japan & India, Middle East Africa, will discuss how to run live supply chains with real-time insights.   "To remain competitive and resilient in today's world, supply chains must be connected, responsive, and digitally enabled. Organisations that leverage data and rich visualisation can transform their tracking to generate real business insights that will give them a competitive edge. The APAC Supply Chain Virtual Summit is all about how to do this, with in-depth roundtables and networking to complement presentations," Brentjens said.   Stephanie Krishnan, IDC research director and expert in Industry 4.0, will share new economic and supply chain market research with participants.   "With the COVID-19 pandemic shaking up supply chains globally, having intelligent, fully connected supply chains is more important than ever before. Today's dis ......read more

Pioneer Conservationist Jane Goodall Awarded 2020 Tang Prize in Sustainable Development

TAIPEI, TAIWAN - Media OutReach - 18 June 2020 - Dr. Jane Goodall, DBE, founder of the Jane Goodall Institute, UN Messenger of Peace and one of the most influential primatologists today, was announced winner of the 2020 Tang Prize in Sustainable Development today (June 18), "for her ground-breaking discovery in primatology that redefines human-animal relationship and for her lifelong unparalleled dedication to the conservation of Earth environment." Her work laid a strong foundation for the world's march towards a sustainable future.    Redefining human-animal relationship Dr. Goodall's passion for animals prompted her to accept the proposal from the celebrated anthropologist Louis Leakey to collect data on chimpanzees in Tanzania. She started her research in 1960 when she was only 26. Her time in Africa's jungles led to a series of remarkable discoveries of their behaviors, including making and using tools for probing into termite tunnels, killing and eating monkeys, begging with outstretched hands, patting, embracing, and many more. Each chimp has its unique character, a mind of its own and its own emotional inclination. They can develop a lasting relationship between family members and engage in brutal warfare with one another. These findings injected brand new information into the field of primatology, rocked the scientific world and redefined the relationship between humans and animals. Dr. Leakey therefore proclaimed: "Now we must redefine 'tool,' redefine 'man,' or accept chimpanzees as humans." And Harvard's Stephen Jay Gould would call Dr. Goodall's observation "one of the great achievements of twentieth-century scholarship."      Not only did she uncover many mysteries surrounding chimpanzee communities and correct many longstanding misconceptions prevailing in academic until then. Through her unparalleled knowledge, she also helped to guide the U.S. National Institutes of Health through a pivotal change in t ......read more

TUV Rheinland and DiSa signed Strategic Cooperation Agreement on UV-C Disinfection AGV

HONG KONG, CHINA - Media OutReach - 18 June 2020 - TUV Rheinland Hong Kong Limited (TUV Rheinland), a global leader in testing, inspection and certification services and DiSa Digital Safety Pte. Ltd. ("DiSa"), signed a strategic cooperation agreement (Agreement) . TUV Rheinland and DiSa agreed to cooperate in the field of UV-C Disinfection Automated Guided Vehicles (AGVs) in the global market. The Agreement specifies DiSa and TUV Rheinland joint synergetic development of markets, including the strengthening of cooperation in the fields of research and development testing of AGVs and to further expand into certification. This cooperation will leverage on their strengths and experience in order to promote competitiveness in the transportation and other related industry. "Since 1872, TUV Rheinland has been committed to ensure the safety and quality of the interaction between man, technology, and the environment. We have always been supporting innovation and new technological developments. We see this in DiSa when they unveiled in Singapore their state-of-the-art UV-C Disinfection AGVs built to address the current Covid-19 pandemic situation. Of course, as what we are globally known for as TUV Rheinland, my team will be involved in the safety assurance and performance of the DiSa UV-C Disinfection AGVs when it is launched to the market", said Vincent Tan, Vice President of Mobility/Rail, TUV Rheinland Greater China and Asia Pacific. "Through our cooperation, we hope to establish an excellent partnership with TUV Rheinland and I am excited that TUV Rheinland has given us this strategic opportunity to work with their team. This will serve as an encouragement and motivation to DiSa commitment as we tap into diversified business in these challenging economic times", said Mr. Eddie Chng, MD and Group CEO of DiSa Limited. About DiSa Digital Safety Pte. Ltd. DiSa Digital Safety Pte. Ltd., a wholly owned subsidiary of DiSa Limited, i ......read more

TUV Rheinland and DiSa signed Strategic Cooperation Agreement on UV-C Disinfection AGV

HONG KONG, CHINA - Media OutReach - 18 June 2020 - TUV Rheinland Hong Kong Limited (TUV Rheinland), a global leader in testing, inspection and certification services and DiSa Digital Safety Pte. Ltd. ("DiSa"), signed a strategic cooperation agreement (Agreement) .   TUV Rheinland and DiSa agreed to cooperate in the field of UV-C Disinfection Automated Guided Vehicles (AGVs) in the global market. The Agreement specifies DiSa and TUV Rheinland joint synergetic development of markets, including the strengthening of cooperation in the fields of research and development testing of AGVs and to further expand into certification. This cooperation will leverage on their strengths and experience in order to promote competitiveness in the transportation and other related industry.   "Since 1872, TUV Rheinland has been committed to ensure the safety and quality of the interaction between man, technology, and the environment. We have always been supporting innovation and new technological developments. We see this in DiSa when they unveiled in Singapore their state-of-the-art UV-C Disinfection AGVs built to address the current Covid-19 pandemic situation. Of course, as what we are globally known for as TUV Rheinland, my team will be involved in the safety assurance and performance of the DiSa UV-C Disinfection AGVs when it is launched to the market", said Vincent Tan, Vice President of Mobility/Rail, TUV Rheinland Greater China and Asia Pacific.   "Through our cooperation, we hope to establish an excellent partnership with TUV Rheinland and I am excited that TUV Rheinland has given us this strategic opportunity to work with their team. This will serve as an encouragement and motivation to DiSa commitment as we tap into diversified business in these challenging economic times", said Mr. Eddie Chng, MD and Group CEO of DiSa Limited.  About DiSa Digital Safety Pte. Ltd. DiSa Digital Safety Pte. Ltd., a wholly owned subsidiary of Di ......read more

SoftBank Corp. leads Series B investment round into travel- and mobility-app integrator, Splyt

LONDON, UK AND TOKYO, JAPAN - Media OutReach - 18 June 2020 - Splyt, a scale-up integrator of mobility apps and travel platforms, has closed a USD 19.5 million Series B investment round to support its expansion. The round was led by SoftBank Corp. (TOKYO: 9434), the Japan-based telecommunications and technology company, who will receive a seat on the Board and a significant share in the company. American Express Ventures, the strategic investment group of American Express, joined in the round, as did existing investors. Splyt makes global travel easier by enabling the seamless integration of mobility services into travel platforms, superapps and wallets. By interconnecting apps, end users can access multiple services on a single app, which greatly increases convenience for the user, and loyalty to the app provider. Splyt has an extensive track record of such interconnections, having already integrated ridehailing into major platforms including Alipay, Grab, and Booking.com. With this investment, Splyt aims to expand its leading global network with additional mobility services, including bikesharing and scooters. With its investment and business partnership, SoftBank Corp. will be able to deliver on its growth strategy through the interconnection of different apps. By collaborating with Splyt, SoftBank Corp. will be able to interconnect the different app platforms of group companies and Splyt's partners to realize superapps that seamlessly combine multiple services into a single interface. This will make it possible to maximize synergies between different services.   Philipp Mintchin, Co-founder and CEO of Splyt: "Our aim is to enable our partners to provide seamless mobility solutions to their customers, letting them feel at home anywhere in the world. It's a great pleasure to collaborate with some of the best companies in the world, and to be able to welcome SoftBank Corp. and American Express Ventures as investors to Splyt."   Ken Miyauchi ......read more

Introducing Aruba ESP, the Industry's First Cloud-Native Platform Built for the Intelligent Edge

New Platform Uses AI and Automation to Convert Data into Actionable Insights; Supports Business Continuity and Recovery to Address Rapidly Evolving Organizational Needs HONG KONG, CHINA - Media OutReach - 18 June 2020 - Aruba, a Hewlett Packard Enterprise company (NYSE: HPE), today introduced Aruba ESP (Edge Services Platform), the industry's first AI-powered, cloud-native platform that predicts and resolves problems at the network edge before they happen. Built on AIOps, Zero Trust network security, and a Unified Infrastructure for campus, data center, branch and remote worker locations, Aruba ESP delivers an automated, all-in-one platform that continuously analyzes data across domains, ensures SLAs, identifies anomalies and self-optimizes, while seeing and securing unknown devices on the network. Aruba ESP is designed to deliver a cloud experience at the edge and can be consumed either as a service in the cloud or on-premises, as a managed service delivered through Aruba partners, or via network as a service through HPE GreenLake. Tailored for varying economic requirements, customers may also procure it with flexible financing options via HPE Financial Services.   The technology market undergoes a major transition about once every decade. The last two decades were centered on delivering ubiquitous mobility followed by the move to cloud-based applications. We are now entering an era of data analytics driven by IoT, AI and automation supported by compute and modern networking to power a new breed of applications and workloads that work in concert with the cloud but that operate at the edge. As a result, enterprises are generating massive amounts of unstructured data at the edge which, if analyzed and acted upon properly, can be used to improve efficiencies, enhance experiences and enable new business outcomes. The key to turning these real-time insights into meaningful actions is to analyze and process this data at the point of origin -- t ......read more

ECOMMPAY Webinar: Business Expansion Into Asia, How to Choose The Right Moment & The Right Strategy. Insights & Business Cases

SINGAPORE - Media OutReach - 17 June 2020 - In times of crisis, online businesses need to scale to survive. The most promising region in the world for business expansion is Asia. Which online industries are booming right now? How do you expand into a fragmented region with cultural differences and complex payment behaviour? The experts will discuss these, and other topics at the FREE Gate2Asia webinar on July 2. Topics that the speakers will cover include: ●       Trends and patterns of consumer and payment behaviour after COVID-19.●       China, Vietnam, Thailand and many more -- which Asian country to target and how.●       The step-by-step approach to developing your expansion strategy.●       Developing your payment scenario and choosing the right payment methods to target specific Asian countries.●       Case study: Cultural struggles and brand restructuring.   During the webinar, attendees will learn when is the best time to enter a particular market, what is the best strategy and how to choose the most effective tools to identify and address problems during business expansion. The speakers: ●       Audrey Ottevanger , Head of Asia Pacific at ECOMMPAY. With more than 17 years of experience, Audrey is a key talent in digital payments and brand marketing, helping eCommerce businesses develop and expand into the Asia region. ●       Kelvin Phua: Global Head of Payment Networks at PPRO. Kelvin has implemented partnerships with PSPs to acquire and integrate new merchant business and worked directly on transformation and turn-around projects for enterprise customers. ●       Anton Mezentsev: Global Business Development Manager, Softline e-commerce. Anton has helped launch new pr ......read more

AIA Singapore employees will receive S$1,000 as part of the company’s work from home assistance to support them during COVID-19

AIA is also opening up more pathways for jobseekers and fresh graduates through various recruitment campaigns and the SGUnited Traineeships Programme SINGAPORE - Media OutReach - 17 June 2020 - AIA Singapore today announced that all employees will receive S$1,000 as part of the company's focus on its people, to help its staff who are working remotely from home during the ongoing COVID-19 global pandemic, to ensure that they can get the equipment they need to further enhance their home office setup. In addition, this move will help its staff cushion any financial impact that their family could be facing and ride through this challenging time. The lump sum is available to all permanent and contract staff and will be paid out to more than 1,000 employees. AIA Singapore recognises and appreciates the continued commitment and resilience of its employees in keeping the company going during this time and wants to ensure that they are well taken care of. In embracing new norms, AIA Singapore is working to extend flexible work from home arrangements for all staff as part of a permanent arrangement even after COVID-19 restrictions are lifted, to provide them with more flexibility and encourage better work life integration. Employees will be able to choose which days of the week that they would like to work from home, customising their time and working arrangements around their individual needs. In addition, AIA Singapore will also be granting an additional day-off for employees, to encourage them to use this time to focus on their personal wellbeing as one of the company's initiatives to inspire people to lead healthier, longer and better lives. Mr Patrick Teow, Chief Executive Officer of AIA Singapore, said: "We are people-centric at AIA Singapore and place a high priority on our employees' wellbeing as they are the force behind AIA's success. We are in this together and it is even more so during these unprecedented times that we want to assure them of ......read more

Hang Lung Properties Debuts Partnership with Mastercard in "ONLife" Campaign

Digitalizing Shopping, Dining, Learning, TravelingKickoff by GRWTH with "Dream Rewards" at Amoy · Kornhill Learnscape"Dreams · Chaser" Open House Offers Free Trial Lessons that Help Explore Children's Interests HONG KONG, CHINA - Media OutReach - 17 June 2020 - The COVID-19 pandemic over the past six months has made the internet and online platforms becoming an indispensable part of our life.  Digitalization impacts every aspect of our daily life, allowing us to manage various tasks in the comfort of our homes. In light of this, Hang Lung Properties joins forces with Mastercard, a global technology company in the payments industry, to launch the year-long "ONLife" campaign - from June 22, 2020 through May 31, 2021 - bringing a series of e-privileges to patrons that cover shopping, dining, learning, and traveling. Ms. Bella Chhoa (left), Director - Leasing & Management of Hang Lung Properties and Ms. Helena Chen (right), Managing Director, Hong Kong and Macau, Mastercard, announced the partnership to launch the year-long "ONLife" campaign - bringing e-privileges to patrons that cover shopping, dining, learning, and traveling.For more photos, please download from this link. With the summer vacation just around the corner, Hang Lung kicks off the campaign with learning. In collaboration with education platform GRWTH, a new feature page Amoy · Kornhill Learnscape will be published on GRWTH App.  A two-week virtual open house from June 22, 2020 through July 5, 2020 with the theme "Dreams · Chaser" will be held, offering a series of complimentary lessons and enrollment discounts. An additional HK$50 or HK$20 discount will apply if enrolled and paid on GRWTH App with spending over HK$300 or HK$100 using Mastercard card. Stay tuned, parents and kids! Bella Chhoa, Director - Leasing & Management of Hang Lung Properties, shares details about this exciting partnership between Hang Lung, Mastercard and GRWTH. "With the continuous success ......read more

Walton International Group’s Strategic Relationships with Public-Listed Homebuilders in the U.S. Benefit Investors

- Asian Investors To Reap Returns on 2 Exits SINGAPORE - Media OutReach - 17 June 2020 - The Walton Group of Companies ("Walton") continues to implement its strategy of accelerating exit activity for the benefit of its investors, and investors are now seeing the results. Walton's strategy allows a homebuilder to acquire land in phases with the bulk of land payments deferred to the timing of home sales.  In return, the homebuilder will take on the entitlement and land development cost.  For Walton and its investors, they will see their investment cash flowing over the course of the development. This strategy has resulted in two recent exit offers for its investors -- Poplin Heights, a residential use property in Union County, North Carolina and Anderson, a residential mixed-use property in Hays Country, Texas.  Both projects are in the U.S.A. and both offers have been approved by the underlying landowners.  Poplin Heights A large national homebuilder in the United States has executed an option to purchase the entire Poplin Heights property in Union County, North Carolina, in a phase-by-phase take-down structure with deferred payment terms.  The offer was negotiated by Walton in an effort to maximise revenues for its investors.  Walton performed and obtained the entitlement approvals resulting in the current zoning of the property.  The plot consists of 94.16 acres of land (owned by the investors) which is planned for development into 247 residential lots. The approved offer terms are expected to generate a return of 1.3x to the Walton investors in the form of cash flow as the homebuilder builds and sells homes. The homebuilder expects to make their first closing and break ground in 2021 with home sales projected to begin in 2022. Anderson The same homebuilder has also executed an option to purchase 78.04 acres of land slated for residential development of up to 450 lots within the 82.24 acre Anderson property i ......read more

China Dongxiang Announces Annual Results FY2019/2020

Revenue increases 12.6% to RMB1.84 Billion Gradual Results Delivered From Operational Reforms Optimises Sales Channel Mix Results Highlights (RMB million) For the twelve months ended 31 March 2020 2019 Change Revenue 1,841 1,635 +12.6% Gross profit (before provision for/reversal of impairment losses of inventories) 1,138 914 +24.5% Gross profit margin (before provision for/reversal of impairment losses of inventories) 61.8% 55.9% +5.9pts Operating profit 484 584 -17.1% Operating profit excluding gains of investment segment -65 -61 -6.6% Net profit attributable to equity holders of the Company 366 429 -14.7% Basic earnings per share (RMB cents) 6.25 7.34 -14.9% Recommended final dividend and final special dividend per share (RMB cents) 2.75 N/A N/A HONG KONG, CHINA - Media OutReach - 17 June 2020 - The leading international sportswear brand enterprise in the PRC, China Dongxiang (Group) Co., Ltd. ("China Dongxiang" or "the Company", together with its subsidiaries, "the Group", HKEx stock code: 3818) announces its annual results for the twelve months ended 31 March 2020 (the "Reporting Period"). The Group registered revenue of RMB1,841 million for the Reporting Period, representing year-on-year growth of 12.6%, while the net profit attributable to equity holders of the Group was RMB366 million. Basic earnings per share decreased by 14.9% to RMB6.25 cents. The Board of Directors has proposed to distribute 30% and 40% of the net profit attributable to equity holders for the twelve months ended 31 March 2020 as full-year dividend and full-year special dividend, respectively, representing a div ......read more

NEFIN collaborates with St. Paul’s College on Solar Energy Projects with a mission to create a sustainable future through educating students

HONG KONG, CHINA - Media OutReach - 17 June 2020 - Leading bespoke solar developer and asset management company NEFIN Solar Asset Limited ("NEFIN"), a member of the NEFIN Group, has formed a strategic rooftop solar partnership with St. Paul's College ("SPC"), one of the oldest school in Hong Kong which always keeps young at heart. Under the Feed-in Tariff (FiT) Scheme supported by the HKSAR Government, NEFIN has successfully installed solar photovoltaic (PV) panels on SPC's rooftop for the generation of solar energy and reduce carbon footprint in May. An array of student-driven programmes on STEM education, green energy, solar panel design, global classroom, internships and mentorship will be organised for students of different levels with the ultimate aim to create a sustainable future through education. On 12 June, NEFIN and SPC launched the first phase of the solar energy collaboration project in the presence of alumni, students and staff. This pilot solar energy project is sponsored by a group of devoted SPC alumni who are always keen to support their alma mater. The official completion ceremony is also an initial step towards meeting the shared vision - "Education plays a crucial role in raising awareness of environmental challenges, and shaping the attitudes and behaviours of students can make a difference," the Vice Principal, Mr. Wong said, "Our curriculum needs to equip students with the skills and values needed for a sustainable and productive future. Students should learn to trade off short-term gains for long-term sustainability such as reducing the consumption of plastic bottles, paper and energy. Making these choices requires critical thinkers who can connect their daily decisions to long-term consequences, not just for themselves, but for the society. Our school must play a role in preparing students for this challenge." The solar PV panels will collectively generate 10,400kWh of clean energy per year, off-setting approximately 8,400k ......read more

TIME Presents TIME 100 Talks to Discuss "Finding Hope"

TIME has launched a series of virtual conversations to spotlight solutions for urgent global problems and encourage people during these troubling times. SINGAPORE - Media Outreach - 17 June 2020 - Naomi Osaka, Ban Ki-moon, and Kai-Fu Lee will speak in TIME 100 Talks, a new ongoing series of virtual conversations and experiences that convene members of the TIME 100 community of the world's most influential people. South Korean performers Monsta X will also make a special appearance. Their session revolves around the topic of the importance of global cooperation, and how we can build back better after COVID-19 and will be held on 17 June 2020 at 5:00PM - 6:00PM HKT/SGP (5:00AM - 6:00AM ET), with an encore presentation at 1:00AM HKT/SGP (1:00 PM ET).   The TIME 100 Talks series will showcase a variety of themes and different formats -- this time featuring Naomi Osaka, Japanese professional tennis player formerly ranked No.1 by the Women's Tennis Association; Ban Ki-moon, South Korean politician and diplomat who served as the eighth Secretary-General of the United Nations from January 2007 to December 2016; and Kai-Fu Lee, Taiwanese-born computer scientist, businessman, and writer who developed the world's first speaker-independent, continuous speech recognition system. Moderators will be TIME's editor in chief and CEO Edward Felsenthal, TIME senior editor Sean Gregory, and TIME East Asia correspondent Charlie Campbell.   "Finding Hope" amidst the global pandemic is a topic close to the hearts and livelihoods of the vast population spanning the largest continent in the world -- and TIME 100 Talks has brought key influential persons of different Asian backgrounds together in this essential dialogue to find hope and rebuild a better world.    Targeting an Asia-Pacific audience that has advanced in its situation of dealing with COVID-19, the agenda is to be more business-focused with the economy opening up. Kai-Fu Lee will take ......read more

Linkflow Capital: Singapore SMEs Access to Financing Improved in 2019

Research conducted by Linkflow Capital shows that more SMEs continue to see improved access to financing in 2019 SINGAPORE - Media Outreach - 16 June 2020 - In their annual SME financing research conducted by Linkflow Capital, SMEs continue to see improved access to financing in 2019. According to Linkflow Capital, up to 39% of SMEs gained access to financing in 2019. This figure has continued to improve since the company started tracking data from 2017, from 19% in 2017 to 34% in 2018. Research data and statistics are derived from Linkflow Capital's SME loan comparison portal launched in 2017. For this latest survey, data was generated from over 2436 unique users for the period January to December 2019. "In 2019, our dataset suggests a slight improvement for SMEs attempting to secure business financing, with up to 39% of our portal users eligible indicatively for financing, up from 34% in 2018." said Ben Teo, a spokesperson for Linkflow Capital. "2019 was a challenging year with the looming backdrop of a US-China trade war and sluggish GDP growth of 0.7% in 2019, the slowest in a decade. Despite these conditions, we did not see major adverse impact in credit tightening for SME financing, although overall business loan growth dipped slightly from 2018." Consistent from the data in 2017 and 2018, the major reason why most SMEs are not able to access financing continues to be a combination of low revenue and poor cash flow. Presently, the elephant in the room will obviously be Covid-19 and more specifically, its impact on SME financing availability. Although this research is predominantly based on 2019's data, flash figures for the period January to May 2020 are included as well to form a basis how 1st half 2020 might pan out for the SME financing landscape amidst the backdrop of Covid-19. For detailed figures and data on Linkflow Capital's research survey, kindly visit their webpage at https://smeloan.sg/blog/2019-sme-finance-accessibility-survey. As ......read more

IBM Collaborates with NTUC Learninghub to Close Digital Skills Gaps in Singapore Through Free Online Courses in Technology

SINGAPORE - Media OutReach - 16 June 2020 - Global technology giant IBM, and Singapore's leading Continuing Education and Training provider NTUC LearningHub (NTUC LHUB), today announced a collaboration to close technology skills gaps in Singapore amid the evolving Covid-19 situation. This will be done through curating free courses in areas such as AI, Cloud and Data. The tie-up came as a result of ongoing discussions about the shared goals of both companies. These include making world-class technical training in technology accessible to workers and helping them stay competitive in the workforce as the coronavirus crisis accelerates the adoption of Industry 4.0 technologies. The initiative also supports the Government's ongoing digitalisation push.  A suite of curated free IBM courses will be made available through NTUC LHUB for learners to develop skills in key technologies such as Cybersecurity, AI (including IBM Watson), Cloud and Quantum Computing. The courses have been developed in-house by IBM, leveraging their world-leading expertise in each field. "Singapore has been at the forefront in using technology to improve the lives of its citizens and the recent crisis has brought into sharp focus the need to accelerate the adoption of cutting-edge technologies and skills. We are excited to partner NTUC LHUB in the nation's skills building efforts to drive the country's journey towards innovation.   Acquiring and developing these skills will be critical for businesses to change and adapt quickly in a post-Covid era and the timing of this collaboration is perfect," said Martin Chee, Managing Director, IBM Singapore. "Our dream is to team up with great content providers and we will curate and democratise knowledge to our workers in Singapore. IBM has world-class expertise and steep vertical knowledge in areas such as Artificial Intelligence and Cloud Computing, and we are very excited to partner with them to build up Singapore's digital capabili ......read more

GBG and CredoLab partner to extend digital fraud risk management for Southeast Asia's unbanked, new-to-credit and gig economy workers to onboard and transact easily

Converging the power of mobile credit risk scoring and digital fraud management technology to access Southeast Asia's 400 million unbanked and new-to-credit population SINGAPORE - Media OutReach - 16 June 2020 - GBG (AIM:GBG), the global technology specialist in fraud and compliance management, identity verification and location data intelligence today announced a technology partnership with CredoLab, the leading developer of bank-grade digital scorecards based on privacy-consented and permissioned smartphone metadata, to easily and confidently assess the creditworthiness of any applicant, including the unbanked and underbanked. While banks in Indonesia have tapped on local bureaus, telcos, and e-commerce providers for data to perform credit and fraud checks, data continues to be fragmented and unreliable, contributing to high non-performing loans, low approval rates and a high level of fraud. This technology partnership will help brick-and-mortar and digital banks deterred by a lack of data to leverage on mobile phone digital footprints to process banking and credit applications and provide financial empowerment to all new-to-credit, new-to-bank, and gig economy workers of the region.  Of the nearly 400 million adults in Southeast Asia[1], only 104 million are fully "Banked" and enjoy full access to Financial Services. Another 98 million are "Underbanked", with a bank account but insufficient access to credit, investment and insurance, while 198 million remain "Unbanked" and do not own a bank account. Millions of small and medium enterprises also face large funding gaps. However, the booming internet economy, which is predicted to reach US$300 billion in 2025, sets the stage for the lending industry to grow by more than 2 folds by using digital technology to their advantage. "We are very excited with this partnership between GBG and CredoLab. By assimilating metadata on consumers' digital footprint and behavioural intelligence int ......read more

Constant Bets Big on The Future of Asian Brands

For two years, the agency has worked to pivot from traditional branding and design agency to creative consultancy and venture studio to make the push for Asian companies.Team believes that coronavirus levelled the global playing field and the opportunity is now for Asian lifestyle brands to take the global spotlight.Since 2012, Constant has helped modernise and launch over 40 brands in the region including New Balance, SOGO, Eu Yan Sang, Nikon, Sino Group, Swire Properties, Raze, Bird, Steelcase and Calvin Klein. HONG KONG, CHINA - Media OutReach - 16 June 2020 - Against some of the biggest changes in history, independent creative agency Constant, with offices in Hong Kong and Copenhagen, is making the transition from branding and design agency to creative consultancy and venture studio.Since 2012, Constant has helped create and modernise more than 40 brands across the region. In those eight years, founders Tim Ho and Tem Hansen have seen a major shift in how CEOs and CMOs work with creative agencies in the region."When we started Constant, a lot of our work was repurposing global assets or stories to make them relevant for audiences in the region," said Co-Founder and Strategy Director Tem Hansen."As the spending power in Asia becomes stronger and the market more diverse, this is no longer enough, and why as a company we decided to change our offering back in 2018. Now, with a global reset, the timing is ripe for Asian brands and businesses to be pushed to the forefront." The new agency direction has been in the works for two years, with the senior team honing their skills and offering for clients including SOGO, Swire Properties, Steelcase and New Balance. While the past year has been a trying period for business in Hong Kong, the agency believes that now is the time for the axis to tilt in the region's favour. Headquartered from Hong Kong, but with an office in the design capital Copenhagen, the team has ambitions for Chinese owned brands ......read more

Fuji Xerox Asia Pacific Spearheads Digital Transformation for Businesses with 19 New Product Models

Accelerates efficiency while enhancing security, document management and remote working capabilities SINGAPORE - Media OutReach - 16 June 2020 - Fuji Xerox Asia Pacific today announced the launch of 19 new models from its digital multifunction/printer ApeosPort and DocuPrint series (Refer to Table A). The latest products, together with Fuji Xerox's solutions, will allow businesses to overcome new challenges on intensifying security risk, demand for greater efficiency, burgeoning operational complexities as well as changes in workstyle and space. Fuji Xerox has further emphasized how these new devices can enhance protection, promote freedom to businesses and add value to users alike through the four-pillared benefits below:  360° Data SecurityThe new products encompass robust measures to ensure protection which ranges from secure scanning to ceasing unauthorized access as well as audit trails to monitor devices in real-time.  Carefree ManagementIn addition to Fuji Xerox's service teams and remote support, the new ApeosPort series offer Remote Device Health Check providing predictive device management using data obtained from devices to anticipate and mitigate probable faults, to improve overall device effectiveness and lower unplanned downtime. End to End Automated WorkflowBy seamlessly connecting with a host of solutions, the new Fuji Xerox ApeosPort series support business process automation from archiving digitalized documents to simple distribution. Borderless Workspace Fuji Xerox's mobile solutions and cloud connectivity to be used with the new ApeosPort and DocuPrint series support workstyle changes, providing prints on-the-go while promoting remote working and collaboration.As a catalyst that enables businesses to improve performance, reduce errors, improve quality and speed, automation is estimated to raise productivity growth by 0.8 to 1.4 percent annually.[1] The new models from Fuji Xerox allow businesses to e ......read more

GEODIS Appoints New Managing Director for Indonesia

JAKARTA, INDONESIA - Media OutReach - 16 June 2020 - Leading global logistics provider, GEODIS has announced the appointment of Tomy Sofhian as the Managing Director of Indonesia from May 2020.   Tomy reports to Rene Bach-Larsen, Sub-Regional Managing Director ASEAN, who commented: "Tomy Sofhian joins GEODIS with a wealth of experience in the supply chain industry and at a key time during our expansion of operations in Indonesia.  We continue to support Healthcare and Pharma Industries with our bonded warehouse equipped with cold chain facilities in Soewarna business Park. Crucially, this facility enables us to manage and control pharmaceutical products from China and rest of Asia, which are being delivered to key facilities locally.  Tomy's expert regional knowledge and commitment will help the further development of our team in Indonesia to meet in reaching our growth targets."   GEODIS professionals in Indonesia are also extensively involved in supporting customers in the oil and gas industry, providing specialized logistics services in the remote region in the vicinity of Balikpapan, a seaport city in East Kalimantan.  GEODIS has a regular air cargo service to Balikpapan with connections from Singapore four times a week.   Holding a Master's Degree in Economics & Business (majoring in Strategic Management) from Diponegoro University, Indonesia, Tomy Sofhian, 48, joins GEODIS with a career long in both local and regional experiences, having spent nearly 20 years in the freight delivery sector.GEODIS GEODIS is a top-rated, global supply chain operator recognized for its passion and commitment to helping clients overcome their logistical constraints. GEODIS' growth-focused offerings (Supply Chain Optimization, Freight Forwarding, Contract Logistics, Distribution & Express, and Road Transport) coupled with the company's truly global reach thanks to a direct presence in 67 countries, and a global netw ......read more

Developing markets in Asia Pacific challenged by ransomware and malware encounters, while developed markets struggle with increased drive-by download attack volumes: Microsoft Security Endpoint Threat Report 2019

Malware and ransomware attack rates in developing markets were 1.6 times higher than the regional averageKey financial hubs, Singapore and Hong Kong, struggled with drive-by download attack volumes that were three times higher than the regional and global averageSINGAPORE - Media OutReach - 16 June 2020 - Microsoft today unveiled Asia Pacific findings from the latest edition of its Security Endpoint Threat Report 2019, an annual research aimed at identifying cyber threats and building cyber resilience across the region.  Findings were derived from an analysis of diverse Microsoft data sources, including 8 trillion threat signals received and analyzed by Microsoft every day, covering a 12-month period, from January to December 2019.  The research revealed significant differences in the exposure to cyberthreats between developed and developing countries[1], with developing countries continuing to remain vulnerable to threats despite the overall decrease in encounter rates across the region.  "As security defenses evolve and attackers rely on new techniques, Microsoft's unique access to billions of threat signals every day enables us to gather data and insights to inform our response to cyberattacks," said Mary Jo Schrade, Assistant General Counsel, Microsoft Digital Crimes Unit, Microsoft Asia.  "The Microsoft Security Endpoint Threat report aims to create a better understanding of the evolving threat landscape and help organizations improve their cybersecurity posture by mitigating the effects of increasingly sophisticated attacks." Malware and ransomware remain key cybersecurity challenges in developing marketsAsia Pacific continued to experience a higher-than-average encounter rate for malware and ransomware attacks - 1.6 and 1.7 times higher respectively than the rest of the world. This is despite a 23 and 29 percent overall decline across these two threat vectors when compared to the 2018 findings.  The research reveal ......read more

APICORP: Total Committed and Planned Investments for 2020-2024 in The MENA’s Energy Sector in Excess of USD792bn

Committed and planned energy investments in APICORP's 2020-24 investment outlook amount to USD792bn, a USD173mn drop compared to USD965bn in 2019-2023The decline in investments is largely attributed to the 2020 triple crisis: the COVID-19 health crisis, the oil crisis, and a looming financial crisisInvestments are driven primarily by investments in Saudi Arabia, the UAE, Iraq and EgyptThe private sector's share in energy investments falls to 19% in 2020 as compared to 22% in 2019Brent prices could average USD30-40 in 2020 and 2021 before reflecting a more balanced marketEnergy sector's capital costs were cut by at least 20%, particularly in oil and gas, leading to a possible wave of mergers and acquisitions DAMMAM, SAUDI ARABIA - EQS Newswire - 15 June 2020 - The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, estimates that planned and committed investments in the MENA region will exceed USD792bn over the next five years (2020--2024). As per APICORP's MENA Energy Investment Outlook 2020-2024, which it launched today, the amount marks a USD173mn decline from the USD965bn in last year's five-year outlook. The overall decline in the investment outlook - mostly in planned investments - is largely attributed to the 2020 triple crisis: the COVID-19-related health crisis, oil crisis and a looming financial crisis. Despite these difficult circumstances however, the GCC region's committed investments increased by 2.3% compared to a 6% overall decrease in the MENA region as a whole, indicating a higher project execution rate in the GCC.The fallout from the 2020 triple crisisAt the end of the first quarter of 2020, most countries around the world were facing the same dilemma in how to deal with the COVID-19 health crisis: choosing between maintaining business as usual and thus risking a massive loss of lives, or imposing lockdowns and restrictions to contain the virus. This dilemma called for uncoordinate ......read more

John Croll Launches Truescope: The Next Generation in Media Intelligence

SINGAPORE - Media OutReach - 15 June 2020 - With more than 20 years' media intelligence leadership and expertise, Australian businessman John Croll has launched his latest project, Truescope, set to challenge the media intelligence industry. Truescope is the innovation of John and business partner and product visionary, Michael Bade. The entrepreneurs have designed and built a media intelligence platform to help inform communicators about breaking news across all media types and identify issues and trends in real-time. The platform which launched in Singapore and Australia today, harnesses the duo's expertise delivering real insights for clients across many markets. The cloud-based technology and machine learning capabilities work at speed to analyse millions of social and mainstream media stories in real-time to deliver world-class insights. "We think our approach to people, product and scalability is revolutionary in this space, and we all have the unequivocal mindset that the client experience (CX) is central to everything we do. We're ready to build bridges between new technologies and the communications industry so our clients can immediately understand the value Truescope brings and see how different we are to what has come before us" said John. As part of its strategic expansion across Asia-Pacific (APAC), Truescope has partnered with Dataxet Pte Ltd, a data intelligence company led by industry leaders David Liu and Jason Lee. Both played critical roles in establishing, growing and driving media intelligence solutions in the region for numerous global brands and organisations. David Liu, Founder of Dataxet said, "Truescope will be a great opportunity for us to champion smarter media intelligence for brands, using Singapore as a strategic launch pad." Jason Lee, Managing ......read more

Opening Opportunities For Malaysian Workers: Melewar Learning Resources Launches Employability Programme

KUALA LUMPUR, MALAYSIA - Media OutReach - 15 June 2020 - As Malaysia slowly emerges from the enforced lockdown period and into the recovery phase of the Movement Control Order (MCO), many Malaysians will be hoping that the economy will start to recover, too. However, recent data from the Department of Statistics indicates unfavourable conditions for the country's labour force in the coming months, especially for unemployment and retrenchment. To boost opportunities for workers, Melewar Learning Resources, an education and training provider under the Melewar Group, has launched an employability programme, My EMPRO (Malaysia Employability Programme), which aims to equip Malaysians with sufficient skillsets, knowledge and education -- particularly around English proficiency, communication skills and soft skills -- to improve job prospects for either initial or re-employment. The programme is targeted at three groups: retrenched workers, unemployed graduates, and school leavers. Melewar Learning Resources is a Master Licensee of Direct English programmes in partnership with the Linguaphone Group (UK), and a regional leader in English language learning and training. Tunku Dato' Seri (Dr) Iskandar bin Tunku Abdullah, Group Executive Chairman of the Melewar Group, is enthusiastic about the initiative: "even back in 2011, we envisioned the importance of the English language in contributing towards human capital development when we partnered with Linguaphone Group. Today, that contribution is more important than ever as we get Malaysians back to work following the coronavirus crisis". From an employer's perspective, poor English proficiency among workers and fresh graduates has been a common cause for concern. The 2019 Jobstreet Job Outlook Report found that 64% of Malaysian employers felt that poor command of English is one of the main reasons why fresh graduates are unemployed. A 2016 Global English and Work Study by the University of Cambridg ......read more



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