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Infineon and Delta Electronics to collaborate on electromobility; Memorandum of Understanding extends long-term partnership from industrial to automotive applications

MUNICH, GERMANY AND TAIPEI, TAIWAN - Media OutReach - 21 March 2023 - Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY), global leader in automotive semiconductors, and Delta Electronics, Inc., the world-leading power and energy management company based in Taiwan, are expanding their long-term cooperation from industrial to automotive applications.

Infineon and Delta signed a Memorandum of Understanding that will deepen their joint innovation activities to provide more efficient and higher-density solutions for the fast-growing market of electric vehicles (EV).
Today, both companies signed a Memorandum of Understanding that will deepen their joint innovation activities to provide more efficient and higher-density solutions for the fast-growing market of electric vehicles (EV). The agreement covers a wide range of components such as high- voltage and low-voltage discretes and modules as well as microcontrollers to be used in EV drivetrain applications such as traction inverters, DC-DC converters and on-board chargers. In addition, both parties agreed to set up a joint innovation lab for automotive applications. The Delta-Infineon Automotive Innovation Center will be co-managed by both companies. It is scheduled to be set up in Pingzhen, Taiwan in the second half of 2023. “Infineon and Delta share the common goal of developing increasingly energy- efficient and CO2-saving solutions that support global decarbonization efforts,” said Peter Schiefer, President of Infineon’s Automotive division. “We want to further advance the energy efficiency of electromobility together by combining Infineon’s comprehensive ......read more

Youth Aspirations Lighting up the curiosity of "Generation Z" around the world

The Chinese Association for Radio, Film & TV Exchanges, together with Yoywow Communications presents outstanding "Chinese Generation Z" content creators to the world, aiming to connect and communicate with teenagers all over the world.BEIJING, CHINA - Media OutReach - 21 March 2023 - In March 2023, the Chinese Association for Radio, Film & TV Exchanges launched a campaign "Youth Aspirations" together with Chinese and foreign scientists, artists, and "Chinese Generation Z" content creators to convey the power of contemporary "Chinese Generation Z" role models. The event aims to show the talents of exceptional content creators from Generation Z in China to young people all over the world. The Chinese Association for Radio, Film & TV Exchanges, Yoywow Communications will share the stories of advanced and outstanding peers of Chinese Generation Z in the online space to the whole world, and promote cultural exchange and mutual learning among Chinese and other civilizations. The Chinese Association for Radio, Film & TV Exchanges, Yoywow Communications have put forward a proposal for the global Generation Z: Pay attention to the works of outstanding Chinese teenagers and share Chinese teenagers positive stories that can guide and inspire all young people towards a healthy and meaningful future. The Chinese Association for Radio, Film & TV Exchanges, Yoywow Communications believe that the accomplishments of these young individuals represent the new power of China's future. The event was officially launched in China in October 2022, as role model education is an essential aspect of everyone's development, particularly for young people's socialization and growth. The Chinese Association for Radio, Film & TV Exchanges, Yoywow Communications want to encourage more young people to ignite their curiosity and thirst for knowledge about the world. At this event, people all over the world will witness the remarkable talents of Chinese teenage ......read more

New Research Reveals That Employees with All Levels of Digital Skills Boost Hong Kong’s Annual GDP by US $47.5 billion

73% say digital skills will be very important or extremely important to their business over the next five years, but 72% of organizations are facing hiring issues AWS has trained over 100,000 individuals in Hong Kong with cloud skills since 2014 HONG KONG SAR - Media OutReach - 21 March 2023 - Amazon Web Services (AWS), an Amazon.com company, today released new research that shows that employees with basic through to advanced digital skill levels in Hong Kong increases the city's annual gross domestic product (GDP) by US $47.5 billion. Employees who use advanced digital skills – including cloud architecture or software development – contribute an estimated US $5.4 billion to Hong Kong's GDP. This is attributed to the 58% higher salaries that these employees earn compared to those with a similar education who do not use digital skills at work. The "AWS Hong Kong Digital Skills Study: The Economic Benefits of a Tech-Savvy Workforce," commissioned by AWS and conducted by Gallup, examined how building a technology-enabled workforce has significant benefits for employees, organizations, and economies. More than 300 employers were surveyed in Hong Kong from a variety of public and private sector organizations and industries. The study classifies basic digital skills as the ability to use email, word processors, other office productivity software, and social media. Intermediate digital skills include drag-and-drop website design, troubleshooting applications, and data analysis. Advanced digital skills include cloud architecture or maintenance, software or application development, artificial intelligence (AI), and machine learning. The study found that advanced digital employees in Hong Kong are benefitting from more than just a boost in their income. The average employees with advanced digital skills earn 58% more than similar employees who do not use digital skills which translates into individual gains of USD $19,699. 50% employees in Hong Kong who use advanced ......read more

Tongcheng Travel Sailed Through Pandemic with Strong Base to Embrace Growth

Strong User Base, Diversified Service Offerings and Deepened Penetration to Secure Opportunities from China’s Travel Rebound HONG KONG SAR - Media OutReach - 21 March 2023 - Tongcheng Travel Holdings Limited ("Tongcheng Travel" or the "Company", together with its subsidiaries the "Group", stock code: 0780.HK), an innovator and leader in China's online travel industry, today announced its audited consolidated results for the year ended 31 December 2022 (the "period under review" or "FY2022"). In FY2022, Tongcheng Travel recorded a total revenue of approximately RMB6,585 million. The adjusted net profit amounted to approximately RMB646 million, representing an adjusted net margin of 9.8%. In 2022, Tongcheng Travel's number of average monthly active users ("MAUs") and number of average monthly paying users ("MPUs") reached 234 million and 29.7 million, respectively, with an increased paying ratio of 12.7%, while the number of annual paying users ("APUs") was 188 million. Mr. Ma Heping, Executive Director and CEO of Tongcheng Travel, said, "We are pleased to have sailed through the rough tides during the pandemic which lasted over three years, with last year being the toughest of all due to a myriad of travel restrictions that severely hindered the mobility of people and business. In the past three years, we have expanded our active and paying user base, broadened our service offerings, developed new revenue streams through organic growth and acquisitions, sharpened our technological edge and deepened our presence in lower-tier cities market. These have improved our fundamentals and enhanced our strengths, laying a solid foundation for the Company's strong and sustainable growth going forward." During the three-year span of the pandemic, the user demands have diversified, and the demand for local and short-haul travel gradually increased. Tongcheng Travel captured opportunities and achieved growth in both business and user amount. Its accommodation reservation ......read more

Gold market shows screaming buy signals at the start of 2023

Increased demand for jewellery in mainland China and Malaysia will cause gold to soar above $2,000 in 2023.KUALA LUMPUR, MALAYSIA - Media OutReach - 21 March 2023 - 2022 was a tough year for gold, but in the last three months of 2022 the situation changed radically: net short position in gold was on the low side; banks began to buy gold into foreign exchange reserves; the U.S. economy began to signal a slowdown in inflation, which in turn contributed to a softening of the Fed's rhetoric. As a result, gold gained bullish momentum and added 13% by the end of the year.

For now, the gold market looks like a picture of a perfect storm in front of us—with a strong bullish rally and a moderate bearish correction. But to be more confident, gold investors need to dive into the specifics and study the fundamentals, such as supply and demand dynamics, significant political and economic factors. The OctaFX experts examined supply and demand data, as well as the weight of other factors that have an impact on the gold price. Central bank purchases are the main driver At the end of 2022, demand for gold jumped 18% to 4,741 tonnes. The key driver of this growth was enormous purchases by central banks. In 2022, central bank demand was 1,136 tonnes (152% y/y), which is a record (see pic).
Pic. Net central bank demand in tonnes. The reason for the increase ......read more

TERRAOIL SWISS AG: Terraoil Announces New Corporate Structure

Shareholders Will Be Invited to Participate in Restructuring of Terraoil STEINHAUSEN, SWITZERLAND - EQS Newswire - 21 March 2023 - Terraoil Swiss AG ("Terraoil" or "Company"), an energy company with a strong focus on the Mediterranean is pleased to announce that the Company has completed the initial steps for the restructuring of the Company. The restructuring will provide all shareholders the opportunity to hold a pro-rata share of the new parent company ("Topco") which shares are intended to be listed on an international stock exchange. It is expected that Terraoil will ultimately become a 100% owned subsidiary of Topco. The restructuring will give all registered shareholders the opportunity to exchange their existing shares of Terraoil for shares of Topco on a one for one basis. The transaction is expected to be effected by way of capital increases of Topco by contributions in kind. Topco has been incorporated in Liechtenstein based on the analysis of the Company which showed that for many international investors it is more attractive to invest into a Liechtenstein rather than a Swiss company. All registered shareholders will receive further written communication directly from the Company with instructions on how to exchange their shares for Topco shares. Topco has engaged a top tier investment bank as its financial advisor with respect to a pre-initial public offering financing. It is envisaged that this investment bank will also support Topco in a potential international stock listing. Shareholders will receive further information if and when available and appropriate. Chief Executive Officer, Peter Krempin commented: "We have reached a major milestone in the development of the group. Our shareholders will now have the opportunity to participate in the restructuring of the Company. Our partnership with a renowned investment bank is expected to provide the expertise to raise the required financing to advance the group's projects and ultimately achieve th ......read more

New Life Successfully Hosted 3-day Mental Health Symposium

Explore Opportunities and Challenges with Government Officials, Scholars, Professionals, and Service Users "330 Well-Being Index" research indicates 25% of Hong Kong people's well-being score below average HONG KONG SAR - Media OutReach - 21 March 2023 - The New Life Psychiatric Rehabilitation Association (NLPRA) is a non-profit organization, of 58 years old, specializing in mental health. NLPRA adopts a dual objective in serving the community: strenuously serving persons in recovery of mental illness and their families with multifarious high-quality professional services; and proactively promoting holistic body (3), mind (3) and spirit (0) well-being for everyone in the community through a series of community mental health programmes.

Prof. Annie TAM Kam-lan, GBS, JP, Chairperson of Executive Committee of NLPRA hopes the symposium created a platform to explore the innovative mindset and challenges of mental health in a changing environment with government officials, scholars, professionals, and service users.
Having the new challenges in the "post-COVID" era in mind, NLPRA has just humbly hosted a 3-day Mental Health Symposium from March 15th to 17th, as well as the announcement of the research results of "330 Well-Being Index". The symposium theme is "Change and Challenge: From Recovery to Holistic Well-being". It aims to provide a timely platform for government officials, experts and other people who care about mental health in Hong Kong. Through 16 sessions covering 7 wide-ranging dialogue on mental health topics, while embracing changes and meeting challenges, the symposium has explored how to forge the way forward a ......read more

Kenanga Investment Bank Wins Seven Awards at the Bursa Excellence Awards 2022

Champion - Overall Equities Participating Organisation KUALA LUMPUR, MALAYSIA - Media OutReach - 21 March 2023 - Kenanga Investment Bank Berhad ("Kenanga Group" or "The Group") is proud to announce that it has once again been recognised for its exceptional achievements in the equity broking and listed derivatives space at the recent prestigious Bursa Excellence Awards 2022. The Group received multiple accolades including: Best Overall Equities Participating Organisation (Champion) Best Retail Equities Participating Organisation (Champion) Best Online Retail Participating Organisation (Champion) Best Remisier, Margaret Heng (Champion) Best Remisier, Chew Yee Seng (2nd Runner Up) Best Institutional Derivatives Trading Participant (Champion) Best Overall Derivatives Trading Participant (1st Runner Up)

Tan Sri Abdul Wahid Omar, Chairman of Bursa Malaysia Berhad (left) and Datuk Muhamad Umar Swift, Chief Executive Officer of Bursa Malaysia Berhad (right) present the Best Overall Equities Participating Organisation award to Lee Kok Khee, Executive Director and Head of Group Equity Broking Business of Kenanga Investment Bank Berhad (middle).
For the third year in a row, Kenanga Group was named 'Champion' in the Best Overall Equities Participating Organisation category, building on its previous wins in 2022 and 2021. This outstanding achievement reflects the Group's consistent track record of delivering exceptional services and solutions to its clients, cementing its position as a leading player in the industry.
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Ajoomma Is the First Singaporean Film to Launch Exclusively on Prime Video

Beginning April 13, Prime members in Singapore can stream the most critically acclaimed Singaporean film in recent years on Prime VideoAmazon Prime includes unlimited access to award-winning movies and TV episodes with Prime Video, unlimited access to video game benefits with Prime Gaming, Prime Day, access to tens of thousands of items available for free same day delivery service on Amazon Fresh & Fast on orders over S$60 (subject to slot availability), as well as free one-day delivery on domestic Prime eligible selection on Amazon.sg, all available for only $2.99 a month SINGAPORE - Media OutReach - 21 March 2023 - Today, video streaming service Prime Video announced that critically acclaimed Singaporean film Ajoomma will be available exclusively on Prime Video in Singapore starting April 13.

Touted as the first official Singaporean-Korean co-production, Ajoomma is the feature directorial debut of Singaporean filmmaker He Shuming. The film is produced by Anthony Chen, a Golden Horse and Cannes Film Festival award winner. Ajoomma was also selected by the Singapore Film Commission as the nation's entry to the 95th Academy Awards in 2023 in the Best International Film category. The film has received four nominations at the 59th Golden Horse Awards, and won "Best Screenplay" at the QCinema International Film Festival and the "Audience Award for Best Film" at the Red Sea International Film Festival. In addition, veteran actress Hong Huifang clinching the "Snow Leopard Best Actress Award" at the 8th Asian World Film Festival. Ajoomma is also available on Prime Video in Malaysia and Brunei. Ajoomma follows the journey of Bee Hwa (Hong Huifang), a Singap ......read more

BRiN™ SeaDifferently – a sleek, sustainable reusable toothbrush made from recycled ocean plastic.

BRiN™ SeaDifferently – Earth-friendly and award-winning reusable toothbrush, developed by French industrial designer François Hurtaud and Hong Kong marketing veteran Karis Lim. HONG KONG SAR - Media OutReach - 21 March 2023 - Hong Kong-based lifestyle brand, BRiN™, has unveiled its first product: SeaDifferently, a sleek, eco-friendly toothbrush holistically designed to reduce waste and support sustainability across the entire use cycle.

BRiN - SeaDifferently- Eco Friendly Replaceable Head Toothbrush Atlantic - Ocean Plastic Recycle Buy.png
A Gold Medal winner at the Hong Kong Smart Design Awards, SeaDifferently is completely reusable – brush heads are replaceable, each using a blend of natural bio-plastic filament and recycled post-consumer plastic, while the durable handle is made from FDA-approved recycled ocean plastic, designed to last for decades. A subscription option offers greater convenience, featuring automatic brush head refills and free worldwide shipping, with all products packed in 100% compostable materials, significantly reducing the overall environmental impact. "The intention was to reimagine an essential consumer good as completely sustainable for people's everyday lives," said industrial designer Franc¸ois Hurtaud. "Our aim is to make convenience and eco-consciousness work seamlessly together, which is rarely the case for most products in the market." BRiN™ SeaDifferen ......read more

Appointment of Jonathan Shelley as COO & General Counsel and key technology updates

HONG KONG SAR - Media OutReach - 21 March 2023 - 3 Capital Partners, the private investment office that allocates capital on behalf of ultra-high net worth families in Asia, today announces the appointment of Jonathan Shelley as Chief Operating Officer and General Counsel. Based in Hong Kong, Jonathan will report to Alex Yu, Chief Executive Officer and Co-Founder of 3 Capital Partners. He will be responsible for executing the business strategy of the firm, overseeing operations and the legal and compliance functions, and streamlining systems and processes to accelerate growth across Asia. Drawing on his legal experience in alternative investment, he will also be instrumental in structuring 3 Capital Partners' private equity investment programme. Jonathan joins 3 Capital Partners from Allen & Overy where he specialised in private equity fund formation and investments, including in secondary transactions, based in Hong Kong. Prior to this, Jonathan worked at O'Melveny & Myers LLP for 13 years in Shanghai, London and Hong Kong, advising high profile alternative investment firms, sovereign wealth funds and other institutions. Commenting on the hire, Alex Yu said: "We are excited to welcome Jonathan to 3 Capital Partners as we continue to grow our team and platform. Jonathan will play a critical role in our efforts to expand our business of investing with an endowment approach for our clients. Furthermore, his experience of working with some of the biggest names in the private equity industry will benefit our clients and partners." Jonathan Shelley commented: "Joining 3 Capital Partners represents an enormous opportunity for me at a time when Hong Kong strives to become a leading regional hub for family offices and the allocation of private wealth towards private equity continues to grow in the region. 3 Capital Partners is unique in its endowment investment approach, strong alignment with clients, and commitment to continuously reinvest in its business. ......read more

Cloud Comrade Signs Strategic Collaboration Agreement with AWS to Accelerate Digital Skilling and Cloud Transformation for Customers in ASEAN

Cloud Comrade becomes first Singapore-headquartered born-in-the-cloud partner to sign a strategic collaboration agreement with AWS SINGAPORE - Media OutReach - 21 March 2023 - Cloud Comrade, a Singapore-headquartered cloud computing consultancy and managed services provider (MSP), and Amazon Web Services (AWS) have signed a three-year Strategic Collaboration Agreement (SCA) to accelerate the cloud transformation of customers in ASEAN.

This will bring together AWS's migration and modernization offerings, AWS Managed Services (AMS), as well as Cloud Comrade's in-depth expertise and proven track record in helping companies migrate seamlessly and securely to AWS. This allows Cloud Comrade to better meet the changing needs of modern businesses, and help them surmount common challenges of cloud migration and adoption. As part of the SCA, Cloud Comrade and AWS will increase their go-to-market efforts of VMware Cloud on AWS, addressing the challenges of migrating data center applications to the cloud, data analytics, as well as application and database modernization practices. This will improve overall data maturity across the region by supporting organizations to harness the power of data, which, according to recent findings by AWS and Deloitte Access Economics, will help organizations in APAC grow their annual business revenue by 8.7% on average. With these practices, Cloud Comrade will help more customers in the region, specifically enterprises in the financial services, logistics, manufacturing, and media industries, adopt AWS at scale to drive productivity, cost efficiencies, and business innovation. Scaling to new heights across ASEAN Both co ......read more

Xapo Bank Announces Updated Member Benefits Including 4.1% interest on US Dollars, 1% Interest on Bitcoin, and GBP Transfer Capabilities through the Faster Payment System (FPS)

BANGKOK, THAILAND - Media OutReach - 21 March 2023 - Xapo Bank, the world's first international private bank to combine traditional banking with Bitcoin, has announced its members worldwide will earn an interest rate of 4.1% on US Dollar deposits*. Xapo Bank has also introduced 1% interest on Bitcoin, divided over the year and paid out daily, and from this week, Xapo Bank has also added support for GBP through the Faster Payment System. This means members will be able to make payments directly to UK Banks and participating territories as well as to wallets like Wise, Revolut or many exchanges.

This interest increase on US Dollar deposits doubles the rate the bank previously offered and is significantly higher than the industry average. The raise is part of the bank's interest rates restructuring, which is based on market conditions and aims to ensure that Xapo Bank members can continue to earn sustainable returns on their deposits. Before the increase to 4.1%, Xapo Bank was paying a 2% interest rate on USD deposits, an already-competitive rate in today's market. This latest increase brings Xapo Bank far above the industry average, making the Gibraltar-based financial pioneer's proposition particularly attractive to consumers. Xapo Bank members also receive protection on fiat deposits up to 100,000.00 US Dollars. This guarantee is provided by the Gibraltar Deposit Guarantee Scheme – a robust level of protection that's equivalent to that provided by leading banks in Europe and the UK. Xapo Bank's 4.1% interest rate on US dollars and 1% interest rate on Bitcoin is available to all new and existing members around the world. Seamus Rocca, CEO of Xap ......read more

Fosun’s Businesses Show an Upward Trend, Nomura Reiterates its "Overweight" Rating

HONG KONG SAR - Media OutReach - 20 March 2023 - On 19 March 2023, Nomura Orient International Securities ("Nomura") published a research report, stating that with the strategy of focusing on core businesses, Fosun International Limited's ("Fosun International" or the "Company") (stock code: 00656.HK) operations have continued to improve. In the future, Fosun will focus on core businesses, innovation, and globalization. Nomura believes that with strong strategic determination, Fosun's business recovery is just around the corner, thus maintaining "overweight" rating on Fosun International, with a target price of HK$9.20. Nomura pointed out that Fosun recently announced it has formally signed an agreement with Shagang Group on the transfer of 60% of the equity of Nanjing Nangang Iron & Steel United, and the overall transaction plan is progressing smoothly. Nomura believes that focusing on its core businesses and streamlining the organization is still the main strategic direction of Fosun International. Nomura also believes that Fosun's accelerated disposal of non-core businesses, consolidated capital buffer, active approach to adjust business structure, and focus on core businesses with high growth potential in the household consumption sector will enable the Company to achieve more valuable growth. At the same time, as Fosun continues to implement the strategy, Nomura believes that concerns regarding the Company's leverage ratio and liquidity will subside, and Fosun's fundamental operations are on an upward trend. In addition, Nomura expressed optimism about Fosun's globalization strategy, and believes that Fosun International has formed solid globalization capability, which allows the Company to leverage its global business presence to gather resources around the world for customers worldwide. In terms of innovation, Fosun has always maintained a high investment in R&D, building a global innovation system led by product innovation, digital intelligence ......read more

Hong Kong Baptist University-led research unveils cell entry mechanism of SARS-CoV-2 and therapeutic target for COVID-19

HONG KONG SAR - Media OutReach - 20 March 2023 - A study led by scientists from Hong Kong Baptist University (HKBU) has identified a protease called MT1-MMP that is a major host factor behind the infectivity of the SARS-CoV-2 virus in the human body, which leads to the infection of COVID-19 and multi-organ failure. By applying a humanised antibody called 3A2 that can inhibit the activity of MT1-MMP, the viral load of infected mice was reduced by almost 90%. The research team also demonstrated that the protease is a potential therapeutic target for COVID-19.

Dr Xavier Wong Hoi-leong, Assistant Professor, and Dr Guo Xuanming, researcher of the Teaching and Research Division of the School of Chinese Medicine, introduce the research findings on the cell entry mechanism of SARS-CoV-2 and therapeutic target for COVID-19.
The research findings have been published in the internationally renowned scientific journal Nature Communications. ACE2 as a receptor for SARS-CoV-2 cell entry Vaccination can protect people against COVID-19 and its potential complications, but it is not always effective in individuals with weak immune systems, or against some COVID-19 variants of concern. Thus, the development of a more effective treatment for COVID-19 remains a huge challenge in the post-vaccine era. Understanding the cell entry mechanism of SARS-CoV-2 is vital to curb the spread of the virus, and it will also aid the search for new COVID-19 treatments. SARS-CoV-2 requires angiotensin-converting enzyme 2 (ACE2), a protein found on the membrane of human cells, as its receptor for cellular entry. Despite the lungs being the major organ affected by SARS-CoV-2 infect ......read more

China's High-end Manufacturing Products from Electromechanical Field Show up in Singapore

BEIJING, CHINA - Media OutReach - 20 March 2023 - From March 22 to 24, China's Machinery & Electronics Show in Singapore (CMESS 2023), together with the First International Industrial Cooperation Conference jointly hosted by China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME) and Singapore Chinese Chamber of Commerce & Industry (SCCCI) will be launched in Hall D &E, B2, Marina Bay Sands in Singapore. A number of central state-owned enterprises and leading private sectors from China are coming to Singapore with their high-end manufacturing products from electromechanical industry this time, so as to open new opportunities for win-win cooperation with international enterprises from the globe. About CMESS 2023 Exhibition area: 8000m² Exhibitors: 133 Branding Companies Audience: 5000 to 6000 persons Media: 50 Exhibits Infrastructure: comprehensive solutions of infrastructure. Home appliances and Innovative products: home appliances and consumer electronics industry, Internet of things, video and audio entertainment, cooking and delicacy, intelligent security, health and other smart home scenes, from "smart home" to "smart community" to "smart city" in the full scene smart life application scheme in the future. Electric power & New energy: PV and other new energy power generation technology and equipment, power transmission and distribution and control equipment, intelligent technology and application of electric power, etc. Industrial machinery: machine tools, agricultural and food machinery, etc. Spotlights High-profile exhibition combined with series of forums topic on international industrial cooperatio ......read more

Thailand’s SEAC Eyes Bold Expansion in the ASEAN SMART Learning Market

SEAC is expanding its SMART learning solutions across the ASEAN region.BANGKOK, THAILAND - Media OutReach - 20 March 2023 - SEAC, a leading corporate and lifelong education innovator, is shaking up the Thai and ASEAN education market with significant investment to expand its SMART learning solutions across the ASEAN region. The world is rapidly moving forward, and current learning methods fail to keep pace; SEAC is poised to capitalize on the growing demand for more effective technology-supported education design and delivery.

SEAC has been developing and testing a range of seamless and cost-effective SMART learning experiences that will bridge learning gaps in the region. James Engel, SEAC Chief Learning Architect, said: "These 'smarter' ways of learning to move the experience from an instructor, topic, and event focus to a leaner, technology-supported design and delivery that emphasizes the learner, their needs & context. Our finish line is applied learning that positively impacts their lives and the world around them." "Our investment in the Thai and ASEAN SMART learning market is a game-changer for the corporate and lifelong education sectors," said Ms. Arinya Talerngsri, SEAC's CEO. "We are committed to offering a comprehensive and engaging SMART learning experiences to a broad range of learners and professionals."
SEAC ha ......read more

Avery Dennison launches AD XeroLinr DT™, its linerless label portfolio for variable information printing

SINGAPORE - Media OutReach - 20 March 2023 - Avery Dennison Corporation (NYSE:AVY), a leader in global materials science and manufacturing, has launched AD XeroLinr DT™, its direct thermal (DT) linerless portfolio, as part of its growing Sustainable ADvantage offerings in Asia Pacific.

AD XeroLinr DT™ is designed to increase sustainability and productivity, while reducing the overall logistics time and cost. As the backing material that carries the label face until its application stage, liners comprise 30-40% of the entire pressure-sensitive label construction. With the complete elimination of liners, AD XeroLinr DT™ offers huge sustainability advantages in comparison to the conventional DT labels with liners, including reduction in the use of raw materials, greenhouse gas emissions, and solid waste generation. Its construction enables more labels per roll and less frequent change-overs, providing more machine uptime. Jitesh Mehta, Senior Product Marketing Director, Avery Dennison Asia Pacific, said, "We are excited to extend AD XeroLinr DT™ to our customers in this region. The linerless market is expected to grow significantly over the next few years, especially where variable information printing needs are high such as quick service restaurants, e-commerce, and weigh-scale applications. This is coming from increased demand for sustainable alternatives, and we believe our global reach, technical expertise, and innovative approaches will greatly support the sustainability landscape." Learn more about AD XeroLinr DT™ at label.averydennison.com. Hashtag: #AveryDennisonThe issuer is solely responsible for the content of this announcement.About Avery Dennison Avery Denniso ......read more

Singapore’s Health Sciences Authority Approves Pfizer’s Pneumococcal 20-Valent Conjugate Vaccine For Adults 18 Years Or Older

First pneumococcal conjugate vaccine that protects against 20 serotypes responsible for the majority of invasive pneumococcal disease and pneumonia[1],[2],[3],[4],[5],[6],[7]. In Singapore, pneumonia is the third leading cause of death[8] and fourth most common cause of hospitalisations[9] Offers the broadest serotype coverage of any pneumococcal conjugate vaccine currently available, building on Pfizer's more than 20-year legacy and innovation in developing pneumococcal conjugate vaccines Approval of APEXXNAR in Singapore, the first in Southeast Asia, aligns with Singapore's Healthier SG Strategy to place a sustained focus on preventive care in achieving overall healthier living SINGAPORE - Media OutReach - 18 March 2023 - Pfizer announced today that the Singapore Health Sciences Authority (HSA) has approved its 20-valent pneumococcal conjugate vaccine (PCV20) that protects against invasive pneumococcal disease and pneumonia caused by 20 Streptococcus pneumoniae (pneumococcus) serotypes. Marketed under the brand name APEXXNAR, this vaccine is approved for active immunisation for individuals aged 18 years and older, advancing the company's ongoing commitment to help prevent certain potentially-serious infectious respiratory diseases. The approval of APEXXNAR in Singapore, being the first in Southeast Asia, underscores Pfizer's 20 years of growing legacy and experience in developing and supplying innovative pneumococcal conjugate vaccines that have had a pivotal impact on the global disease burden. This approval also supports Singapore's Healthier SG initiative that focuses on improving population health and quality of life through proactive preventive care, regular screening and recommended vaccinations. "Singapore's approval of APEXXNAR today signals the importance of continually addressing the ever-evolving burden of pneumococcal disease. This is especially critical aga ......read more

China Lilang Announces 2022 Annual Results

Revenue at RMB3,086 Million Net Profit at RMB448 Million Total Dividend for the year at HK32 Cents Per Share HONG KONG SAR - Media OutReach - 17 March 2023 - China Lilang Limited ("China Lilang" or the "Company", together with its subsidiaries the "Group"; stock code: 1234) has today announced its 2022 annual results. Mr. Wang Dong Xing, Chairman and Executive Director of China Lilang, said, "In 2022, lockdowns and control measures were imposed one after another to address the fluctuating coronavirus pandemic, slowing down economic development and, at the same time, dampening consumer sentiment as in-store shopping and social activities were refrained, of which the apparel industry bore the brunt with negative growth recorded in retail sales of apparel for the year. Operating in such a challenging business environment, the Group actively responded to the changing market by continuously facilitating new retail business, promoting sales and driving store efficiency." In 2022, the Group's revenue decreased by 8.7% year-on-year to RMB3,086 million. Net profit decreased by 4.3% year-on-year to RMB448 million, mainly due to the decrease in overall revenue as the Pandemic weighed heavily on the offline retail business, with certain stores being temporarily suspended due to the pandemic prevention and control measures, and rebates provided to distributors by the Group during the year. The gross profit margin was 46.0%, representing an increase of 4.1 percentage points year-on-year, which was primarily attributable to the inventory provision of RMB120 million recorded in 2021 and the writeback of inventory provision of RMB22.26 million during the year. Earnings per share were RMB37.42 cents, down by 4.3%. During the year, the Group maintained a healthy financial position with sufficient cash flow. The Board of Directors recommended payment of a final dividend of HK9 cents per share and a special final dividend of HK5 cents per share, together with the interim di ......read more

The First Master of Chiropractic Programme in Hong Kong is Now Available

HONG KONG SAR - Media OutReach - 17 March 2023 - McTimoney College of Chiropractic in the United Kingdom is offering a four-year Master of Chiropractic programme in Hong Kong (Registration No. 253263). The programme is designed to meet the needs of the Hong Kong community for chiropractic care and to serve the wider population of Hong Kong. This course is the first chiropractic course in Hong Kong and the Greater China region.

In March this year, McTimoney College of Chiropractic, a UK-based chiropractic college with 50 years of quality teaching experience, will collaborate with Universal College of Higher Education to offer a four-year Master of Chiropractic programme in Hong Kong. The programme integrates academic, practical and clinical components to nurture chiropractors in a holistic manner. Growing Demand for Chiropractic Care According to the Chiropractors Council, there are only about 300 registered chiropractors in Hong Kong, including those who do not practise in Hong Kong. 2021 Hong Kong Chiropractic Survey: Analysis of the Data points out that the average number of patients treated by Hong Kong chiropractors is higher than that of practising overseas, indicating that there is a great demand for chiropractors in Hong Kong and an increasing demand for chiropractic care. International and Local Recognition of Chiropractic Qualifications The World Health Organisation (WHO) officially endorsed the World Federation of Chiropractic (WFC) in 1997 and published the "Guidelines on Chiropractic Training and Safety" in 2005, recognising the effectiveness and professionalism of chiropractors. In 1993, the Hong Kong Chiropractors Council was established ......read more

Bybit Reports Surge in Trading Volume Amidst USDC Volatility

Bybit's spot market volume for USDC grows by 1,437% Bybit becomes No.2 crypto exchange in MENA DUBAI, UNITED ARAB EMIRATES - Media OutReach - 17 March 2023 - Bybit reports a surge in volume for USDC pairs as the world's third most visited crypto exchange ramps up efforts to meet market demands. Relying on trusted platforms to navigate the recent crypto and banking volatility, customers are turning to Bybit for its rock-solid security and market depth. Bybit's spot market volume for USDC grew 1,437%, with USDC contribution to the total spot trading volume rising from 8% to 40%. Bybit's perpetual market saw the daily trading volume of the USDC/USDT pair exceeding $380 million, and the annualized funding rate reaching as high as 740%. Bybit's success is a testament to its rapidly expanding user base, and the trust traders, institutions, and investors put in the platform. Bybit's battle-tested trading engine, proof of reserves, and sound risk management have seen the crypto exchange grow its market share throughout 2022 despite challenges — a trend that continues in 2023. To optimize the trading experience and flexibility in portfolio management, Bybit is now offering zero fees on its options contracts and zero fees on all USDC Spot pairs and major stablecoin pairs such as USDC/USDT, BUSD/USDT, DAI/USDT, and WBTC/BTC. While long-term issues affect the legacy financial system, the crypto exchange has been offering new alternatives from the world of Web3 including Bybit Wallet, which allows users to access decentralized finance apps while keeping their funds safe in custody. The newly launched Bybit Card, a debit card powered by the Mastercard network, allows users to off-ramp crypto into fiat to easily make purchases or take out cash from ATMs. The digital card is already available with preorders for the physical card commencing March 17. Bybit has also announced the plan for a new headquarters in Dubai in spring 2023. With more t ......read more

Bupa and Quality Healthcare Medical Services Sponsor Cathay/HSBC Hong Kong Sevens 2023

Bupa rolls out a “Healthy Cities Pop-up Truck” with a gigantic rugby ball, immersive digital games, and a free AI health check, to help Hongkongers discover healthier lifestyles and “Be the Best You”HONG KONG SAR - Media OutReach - 17 March 2023 - Bupa Hong Kong and Quality HealthCare will sponsor the Cathay/HSBC Hong Kong Sevens for a second year in a row. As the Official Insurance and Healthcare Sponsor, Bupa continues its mission to build a healthier city for the broader Hong Kong community.

The sponsorship aligns with Bupa's Healthy Cities initiative, which promotes healthy lifestyles and programmes that encourage positive environmental impacts. The initiative builds on Bupa's belief that people's health and wellbeing are interconnected and affected by the health of our planet. In addition to the Cathay/HSBC Hong Kong Sevens sponsorship, Bupa will launch the "Healthy Cities Pop-up Truck", which will tour around the City from 17 March to 2 April 2023 - providing people with an opportunity to learn about healthy living and the importance of physical and mental wellness through an immersive gaming and digital experience. The pop-up truck will feature a gigantic rugby ball, two interactive digital games, and a free health check station using the latest AI technology. In addition, fans of the tournament will have the opportunity to test their rugby knowledge and experience the energy of the sport through digital gamification. Andrew Merrilees, Managing Director, Bupa Hong Kong, said: "At Bupa, we believe the concept of Healthy Cities represents an integrated approach that looks after the health of people, communities, and the planet we share. Through th ......read more

Adaptovate Listed in Financial Times and Statista High Growth Companies Asia-Pacific list for 2023

Building on their Fast-100 listing in Australian Financial Review 2022SINGAPORE - Media OutReach - 17 March 2023 - On March 15th 2023, Adaptovate has been listed on the Financial Times and Statista High Growth Companies Asia Pacific list for 2023.

Alex Rebkowski and Doug Ross ADAPTOVATE co-founders, senior partners and managing directors
The 5th edition of the FT High-Growth Companies Asia-Pacific 2023 was released online on March 15th. After an extensive research period, ADAPTOVATE earned a spot among the other Asia-Pacific Growth Champions and came in at number four of Management Consulting companies. Alex Rebkowski, Managing Director, and Senior Partner says, "I am very humbled and proud for making this list. Massive thank you to the 100+ clients who have put their confidence in us so far and congratulations to all of the team who made this happen!" The ranking is the result of a joint project by The Financial Times and Statista, which conducted months of research, public calls for participation, intensive database research and directly contacting tens of thousands of companies. In the end, we were able to identify outstanding companies among millions of Asia-Pacific enterprises. Doug Ross, Senior Partner, and Managing Director at Adaptovate says, "This is a fantastic recognition for the wonderful efforts of our people, we have only just started, the best of what we can do for our clients in still coming, so very exciting times." "We have been privileged to have had the opportunity to work with a wide range of organisations within the region. At the same time, this was enabled by a group of extremely high performing, motivated and fun ......read more

Glass Egg - a Virtuos Studio announces expansion into Dalat, Vietnam

Virtuos is set to become the largest game development company in Vietnam as Glass Egg aims to grow its Dalat team to 50 with local talent by the end of 2023, building upon its success in HCMC.SINGAPORE - Media OutReach - 17 March 2023 - Glass Egg - a Virtuos Studio today announced the launch of its 2D and 3D art production studio in Dalat, Vietnam. The announcement follows Glass Egg's acquisition by Virtuos in May 2022, and marks the opening of its second studio in Vietnam. Alongside existing Sparx* and Glass Egg studios in Ho Chi Minh City, the new Dalat studio supports Virtuos' goal of becoming the largest game developer in Vietnam with 1,500 employees by the end of 2024.

A 3D render of Glass Egg's Dalat studio, which will officially open in May 2023
Glass Egg aims to grow its Dalat team to 50 with homegrown talent by the end of 2023, leveraging the city's deep local talent pool and the overall growth of the gaming industry in Vietnam. Drawing inspiration from the city's renowned landscapes and evergreen forests, Glass Egg's Dalat studio will specialize in character and environment art – complementing its HCMC studio's well-established expertise in hard surface modeling and production of 3D vehicles for AAA titles including Need for Speed™ Unbound and Forza Horizon 5. Glass Egg's Dalat studio will be managed by Nam Nguyen, Deputy CEO, and Thuy Le, Head of Production. Together, Nam and Thuy bring over two decades of experience in studio management and strategic development. Nam was also one of the founding members of Glass Egg when it was established in 1999.
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Asian Industrial Online Exhibition 2023 Grand Opening

TAIPEI, TAIWAN - Media OutReach - 17 March 2023 - Asian Industrial Online Exhibition (AIOE 2023) is a virtual and physical integration targeting Asian suppliers, importers, and exporters. It will be exhibited from March 17 – June 30, 2023 and is expected to bring an excellent opportunity for exhibitors to expose their brands. This transnational trade event, jointly organized by AsianNet and TradeAsia (www.e-tradeasia.com), will be held once a year starting in 2022. In terms of quality and quantity, there are satisfactory results. In 2023, we will expand the scale. During the three-month extension period, there will be in line with the show schedules of Taipei International Machine Tool Show (TIMTOS), Global Industrie, Hannover Messe and Manufacturing World Japan Tokyo to create group momentum. It is convenient for international buyers to visit and compare in one purchase.

TradeAsia, the organizer of the Asian Industrial Online Exhibition (AIOE 2023), invited dozens of Taiwanese suppliers of Industrial to participate in the exhibition. Top-notch brands such as KINGDOM ABRASIVE, TW GRANDEUR, ZITAI PRECISION, FAIR OAKS PRECISION, ASCCO INTERANATIONAL, SAN SHING, SCANO INDUSTRIAL, U-CAN, UNITRONIC, KINFUREN INDUSTRIAL, TIAN CHERNG, WELL SHYANG, HIGHGRADE TECH, OAV, GOOD OPPORTUNITY, CHUEN CHARNG, REKROW, CHU-SHIANG, LUJU, SHANG-YUH, KINGDOM, AQUAS are all gearing up to showcase their newest products. Manufacturers and product categories have covered Grinding Wheel, Sanding Disc, Packaging Machine, Mixing Equipment, Cold Chamber Die Casting Machine, Gravity Casting Machine, High Speed Precision Press Machine, High Speed Feeder, Ge ......read more

OASYX Unveils New Range of Virtua Fighter NFTs

The new range of Virtua Fighter NFTs will be overseen and developed by franchise creator, Yu SuzukiSINGAPORE - Media OutReach - 17 March 2023 — OASYX, an NFT project developed on the Oasys gaming blockchain and published by double jump.tokyo, today announces an exclusive collaboration with SEGA's iconic 3D fighting game franchise, Virtua Fighter. The collaboration spans the franchise’s first three games - Virtua Fighter, Virtua Fighter 2 and Virtua Fighter 3, and is supervised by Yu Suzuki, the acclaimed and award-winning creator of Virtua Fighter.

As part of the collaboration, fans can acquire limited-edition “VF MAYU” (Japanese - ? or “cocoon”) NFTs, which will contain special Virtua Fighter characters, to be incubated and revealed in April 2023. A total of 1,000 “VF MAYU” NFTs will be made available, from 10,000 minted as part of OASYX’s inaugural series of NFTs. This range of NFTs will include 11 characters from the first three Virtua Fighter games into OASYX’s creative worlds, creating a unique and exciting experience for new and old fans of Virtua Fighter alike. Yu Suzuki, Creator, Virtua Fighter, said: “During my time as a director at SEGA, I initially developed Virtua Fighter using innovative 3D computer graphics technology, which was cutting-edge and industry-leading at the time. Since then, the Virtua Fighter series has grown to be loved by many players and continues to be supported by numerous fans today. Mr. Suzuki continues, “Through my work supervising the development of OASYX’s unique worldview, I am delighted to combine innovative technology in the form of blockchain-based NFTs, with three titles from the Virtua Fighter series to cre ......read more

Eddid Financial Debuts its Upgraded Intelligent Trading App "Eddid ONE" Creating an Extraordinary All-in-One Global Investment Experience and Unveils the Group’s Future Development Strategy Synchronously

HONG KONG SAR - Media OutReach - 16 March 2023 - Eddid Financial delightedly announced that its intelligent flagship trading App, Eddid ONE, was systematically upgraded and now debuts with a unique new look. Today, the Group hosted the "New Eddid ONE Release and Group Development Strategy Sharing Session" at The Murray Hotel in Central, inviting industry peers and media fellows to witness the official launch of the new version of Eddid ONE and share the Group's future development strategy. The conference also kicked off a series of promotional activities for the Group, including marketing campaigns for Eddid ONE domestically and internationally, as well as industry exchange gatherings.

Dr. Jerry Tse (CEO of the Group), Mr. Ricky Yeung (COO of the Group), Mr. Barry Cheung (Director of Corporate Sales), and Mr. Ryan Chan (Director of Internet Finance) jointly presided over the lighting ceremony of Eddid ONE.
Since its launch in 2019, Eddid ONE has chalked up millions of downloads. The app converges a wide range of financial products, including Hong Kong and U.S. stocks, Hong Kong and global futures, foreign exchange, and funds, covering global markets comprehensively. It also provides a full suite of functions, including account management, fund allocation, IPO subscriptions, and real-time information, which has been deeply favored by clients. To further enhance the trading experience, Eddid ONE has been upgraded in all aspects with a more concise and clearer interface design, more powerful analysis and trading functions, to help clients effortlessly manage their accounts, stay informed about the latest trends, and capture every investment opportunitie ......read more

Cushman & Wakefield: Border Reopening With Mainland Supported Q1 Market Recovery Q1 Transaction Numbers Expected to Climb by 49% Q-O-Q

Buyers' confidence has improved with the full reopening of the Hong Kong-mainland China border, Q1 residential transaction numbers now expected to climb by 49% q-o-q to approximately 12,500 transactions Q1 2023 residential prices rebounded to end decline since 2H 2022, with increases most notable in starter home and mass market segments Market sentiment further supported by Ad Valorem Stamp Duty reduction, developers to expedite new project launches, 2023 residential transaction numbers expected to rise by 25%–35% y-o-y and prices by 5%–10% y-o-y HONG KONG SAR - Media OutReach - 16 March 2023 - Global real estate services firm Cushman & Wakefield announced its Q1 2023 Hong Kong Residential Market Review and Outlook today. With the border reopening between Hong Kong and mainland China enacted in early February, coupled with the reduction of Ad Valorem Stamp Duty (AVD) in the 2023/2024 Budget, property buyers have regained confidence in the residential market, with prices rebounding. Residential transactions picked up in Q1 and are expected to record an increase of 49% q-o-q, to approximately 12,500 transactions. Rosanna Tang, Executive Director, Head of Research, Hong Kong, Cushman & Wakefield, said: "The border between mainland China and Hong Kong has reopened, prompting improved market sentiment and buyers' confidence. Some buyers moved quickly to seize opportunities in the relatively attractive market before prices fully rebounded. Property inquiries and inspections have also increased from the previous lows of last year. The recent government-announced reduction of AVD for residential properties will benefit first-time home buyers and spur demand for small-to-medium-sized properties below the HK$10 million mark. Property transactions will likely gain pace as some developers are now accelerating their launches of new home sales." Edgar Lai, Senior Director, Valuation and Advisory, Hong Kong, Cushm ......read more

AIA Hong Kong announces signing of Memorandum of Understanding with The GBA Healthcare Group

Provides one-stop, diversified and quality cross-border medical healthcare services to customers in the Guangdong–Hong Kong–Macao Greater Bay AreaHONG KONG SAR - Media OutReach - 16 March 2023 - As cross-border travel between Hong Kong and Mainland China fully resumes and residents travelling between the two locations become more frequent, their demand for medical healthcare services is also gaining momentum. AIA Hong Kong, together with Blue Cross (Asia-Pacific) Insurance Limited ("Blue Cross") and U Care Hong Kong Medical Limited ("U Care") under AIA Group, are pleased to announce today the signing of a Memorandum of Understanding (MOU) with The GBA Healthcare Group Limited ("GBAH") and its subsidiary, WellDoc Limited (collectively "GBAH Group"). The MOU aims to provide a diversified range of quality medical and healthcare services via GBAH Group's vast medical services network in the Greater China region to designated AIA Hong Kong, Blue Cross and U Care customers residing in the Greater Bay Area (GBA). Designated customers can have access to GBAH Group's medical institutions in Guangdong and Hong Kong, including UMP Medical Centres, and receive services that are consistent with the level of care adopted in Hong Kong. Such services include preventive care, continuity of treatment, chronic disease management, specialist care services and hospital admissions, as well as basic vaccination arrangements, medical check-ups and cross-border treatment, etc. Mr Alger Fung, Chief Executive Officer of AIA Hong Kong & Macau, said, "The collaboration between AIA Hong Kong, together with AIA Group's Blue Cross and U Care, and GBAH Group, leverages the strengths of both organisations to help customers live 'Healthier, Longer, Better Lives'. Through providing comprehensive and diversified medical management and healthcare services, the collaboration will enhance customers' health as well as their quality of life. The GBA Healthcare Group has extensive experiences in provi ......read more

HDFC Bank continues investing in platform technologies to improve customer experience and enhance efficiencies

Backbase remains the preferred next-gen digital banking platform vendor for HDFC BankMUMBAI, INDIA - Media OutReach - 16 March 2023 - HDFC Bank Ltd has appointed Backbase to deliver their vision for a market-leading digital banking experience in India. Backbase powers HDFC Bank’s next-gen retail banking, enabling a more seamless customer experience across digital touchpoints in response to changing consumer expectations and new regulatory requirements. HDFC Bank is India’s largest private sector bank, providing innovative products and smart banking solutions to over 70 million customers across India. A Backbase customer since 2016, HDFC Bank has renewed its agreement in line with its technical design principles of security, horizontal scalability, and remaining cloud agnostic. Built as one unified platform to engage and orchestrate frictionless experiences across all touchpoints at every stage of the customer lifecycle across retail banking, business banking, digital lending, and wealth management, Backbase has helped 150+ banks and credit unions around the globe re-architect banking around their customers. “Indian consumers expect digital banking to match the seamless experience of their favourite e-commerce and social media platforms. In addition to savvy UI, from savings to loans to payments and beyond, customers want to effortlessly complete transactions, easily and quickly, anytime and anywhere. Backbase’s banking platform has been assessed to be what we need and; we are confident that it will help us develop new services faster,” Ramesh Lakshminarayanan, CIO and Group IT Head, HDFC Bank said. HDFC Bank’s next-gen customer-first internet banking architecture will be run and managed on the Backbase Engagement Banking Platform. The digital banking platform meets Indian money transfer regulations, via seamless integrations with Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service (IMPS), and UPI Payments, ......read more

Microsoft supports Inchcape on its data-driven digitalization journey with Azure 

SINGAPORE - Media OutReach - 16 March 2023 - In a digital-first world, enterprises are generating data at breakneck speed as they integrate technology into all areas of the business to adapt to market and digital disruptions. Over the last few years, market changes in the automotive sector have created a growing value gap between manufacturers and consumers. Industry disruptions such as changing customer digital behavior, stricter ESG regulations, and the boom in demand for electric and hybrid vehicles have led companies to rethink their digital transformation strategy, with data and analytics at the heart of it. To set the foundation for analytics success, global automotive distributor Inchcape turned to Microsoft for its business needs. Inchcape distributes and markets vehicles of some of the world's most popular brands like Toyota, Mercedes-Benz, and BMW to over 40 countries across six continents, including Singapore. Hitting the accelerator on data transformation Recognizing the value in embracing data-driven digitalization for predictive analytics in customer engagement, pricing optimization, and demand forecasting, the company established a new strategy called 'Accelerate', which had digital transformation at its heart. To build out its data and analytics capabilities, Inchcape sought out Microsoft Singapore's partner, Tiger Analytics Inc, to put its digital strategy into action. Inchcape's platform of choice for a seamless omni-channel transformation was Microsoft Azure to leverage the company's existing SQL-based systems. Using Azure meant that migration and deployment of workloads could be automated, faster, and more agile compared to other platforms. In addition, Inchcape could access Databricks and Data Factory to facilitate efficient data transformation. Navigating data-driven digitalization with Azure Inchcape identified three areas for initial use cases for its data models, utilizing them as tools for making better business decisions. Th ......read more

Spackman Media Group Artist Son Suk-Ku's BIG BET Season 2 Achieves The Highest Viewing of All Time For Korean Content On Disney+

BIG BET Season 2, starring Spackman Media Group artist Son Suk-ku, broke the record for the highest viewing ever in the first week of its release among all previous Disney+ Korean original content Season 2 of BIG BET surpassed the record established by BIG BET Season 1 as the top-rated Korean OTT series on IMDb among those released concurrently Son Suk-ku also secured the top spot in the 2023 MALE ACTORS TO WATCH survey conducted by Cine21, a weekly film magazine in Korea, surpassing Pak Seo-joon, Song Joong-ki and Lee Jung-jae SINGAPORE - Media OutReach - 16 March 2023 - Spackman Entertainment Group Limited (the "Group"), one of Korea's leading entertainment production groups founded in 2011 by global media & technology investor Charles Spackman, wishes to announce that BIG BET Season 2, headlined by Son Suk-ku of the Group's associated company, Spackman Media Group Limited ("Spackman Media Group"), set a new record for the highest viewership in its first week of release, surpassing all previous Disney+ Korean original content. BIG BET Season 2 broke the record previously set by BIG BET Season 1, which attained the highest rating of 8.4/10 among Korean OTT series released concurrently on IMDb, the world's largest content rating site. In BIG BET Season 2, top Korean star Son Suk-ku of Spackman Media Group reprises his role as a cop who further tightens his grip on a legendary king of the casino in the Philippines. Last month, Son Suk-ku was also ranked #1 in the 2023 MALE ACTORS TO WATCH survey conducted by Cine21, a weekly film magazine in Korea, surpassing Pak Seo-joon, Song Joong-ki and Lee Jung-jae in the survey. The top five in the 2023 MALE ACTORS TO WATCH were Son Suk-ku, Pak Seo-joon, Koo Gyo-hwan, Lee Do-hyun, Song Joong-ki and Lee Jung-jae. The top five in the 2023 FEMALE ACTORS TO WATCH are Park Eun-bin, Kim Tae-ri, Han So-hee, Song Hye-kyo, Kim Hye-soo and Lee Hanee. In January this year, ......read more

Kenanga Investors Wins Best Mixed Assets – Malaysia Provident Fund Group At 2023 Refinitiv Lipper Fund Awards

KUALA LUMPUR, MALAYSIA - Media OutReach - 16 March 2023 - Kenanga Investors Berhad ("Kenanga Investors") received five awards at the Refinitiv Lipper Fund Awards 2023 ("Awards"). The firm was recognized for its exceptional performance and was awarded best Mixed Assets - Malaysia Pension Funds Group for the fourth consecutive time

From left to right: Felicia Tai, Head of Fixed Income & Credit, Investment, Kenanga Islamic Investors BerhadBrandon Ong, Portfolio Manager, Investment, Kenanga Investors BerhadDatuk Wira Ismitz Matthew De Alwis, Executive Director & CEO, Kenanga Investors BerhadChristopher Kok, Head of Equities, Investment, Kenanga Investors Berhad
Accompanying this were individual fund wins for: Kenanga Malaysian Inc Fund ("KMIF") for best Equity Malaysia Diversified – Malaysia Provident Funds over 10 Years Kenanga Managed Growth Fund ("KMGF") for best Mixed Asset MYR Flexible - Malaysia Provident Funds over 3 Years Kenanga Managed Growth Fund ("KMGF") for best Mixed Asset MYR Flexible – Malaysia Provident Funds over 5 Years Kenanga Managed Growth Fund ("KMGF") for best Mixed Asset MYR Flexible - Malaysia Provident Funds over 10 Years "These awards demonstrate the firm's capabilities despite the backdrop of reduced trading activities and prolonged turmoil due to a degree of volatility over the last two years. We attribute this success to the application of our stock picking strategy over the long term; it involves a comprehensive research process from understanding industry dynamics to individual company business models and drivers of return on equity ......read more

COVOS Launches Global Digital Economy Investment Management Platform

NEW DELHI, INDIA - Media OutReach - 15 March 2023 - COVOS launched a global digital economy investment management platform for Southeast Asia, which recently went live in the region. This is the world's first one-stop service platform for digital asset investment management. It unites millions of people to explore the world of DeFi and Web3 simply, clearly, and interestingly. In 2018, the World Health Organization launched the Global Action Plan for Promoting Physical Activity 2018-2030. COVOS Group's technical team combines health with blockchain technology based on the core distributed technology of Web 3.0 and establishes an innovative NFT platform. In 2020, COVOS submitted business proposals to the World Health Organization Fund. And it is supported by the World Health Organization Fund and the World Sports Organization Fund. At the same time, many venture capital institutions are involved. We currently raise funds of more than $ 100 million. COVOS Group's funds will be used to expand the ecological community of COVOS. COVOS is expected to establish branches in major areas in the southeast region in 2023. And the COVOS Sports Cup will be held in the area. More than 400 media have documented COVOS in the United States. Many influential people, authors, and opinion leaders have been brought together, with a total audience of more than 100 million. And the community number is increasing steadily every day. COVOS's managing director said in a statement: "COVOS has opened up a new path on the intersection of games, health, and e-commerce." As the beginning of development, it combines real life with the virtual world. COVOS is about to occupy a leading position in this rapidly growing virtual world by providing unique health consumption experiences with virtual, social, and physical games with special attractions. COVOS is preparing to launch a unique NFT series in the near future. Players will be able to collect NFT sneakers and transfer them to others ......read more

DHL Global Connectedness Index: Globalization resilient even as U.S.-China decoupling advances

Global flows of trade, capital, information stronger than pre-pandemic; people flows recovering No shift from global to regional trade flows No compelling evidence of global economy disintegrating into blocs Share of U.S. flows involving China decreased in 8 out of 11 examined areas, including merchandise exports and imports, and specific capital flows Netherlands remains the most globalized country, followed by Singapore and Belgium SINGAPORE - Media OutReach - 15 March 2023 - DHL and New York University's Stern School of Business today released the new DHL Global Connectedness Index 2022, an in-depth report on the state of globalization and its prospects. Analyzing data from 171 countries and territories, it reveals how flows of trade, people, capital, and information move around the world.

The report shows that international flows have been remarkably resilient in the face of recent shocks such as the Covid-19 pandemic and the war in Ukraine. After a slight decline in 2020, the composite DHL Global Connectedness Index rose back to above pre-pandemic levels in 2021. The currently available data points to a further increase in 2022, despite slower growth in some flows. International trade in goods was 10 percent above pre-pandemic levels in mid-2022. International travel remained 37 percent below 2019 levels in 2022, but doubled compared to 2021. "The latest DHL Global Connectedness Index data clearly debunks the perception of globalization going into reverse gear," John Pearson, CEO of DHL Express, concludes. "Globalization is not just a buzzword, it's a powerful force that has transformed our world fo ......read more

Comba Has Been Appointed by China Mobile Hong Kong to Provide 5G Indoor Coverage Solution for LAWSGROUP's Flagship Technology Property in Hong Kong

HONG KONG SAR - Media OutReach - 15 March 2023 - Comba Telecom Systems Holdings Limited ("Comba Telecom" or "the Group", SEHK stock code: 2342 and SGX stock code: STC), - Comba Network Systems Company Limited ("Comba Network"), a subsidiary of the Group, today announced that it was appointed by China Mobile Hong Kong (CMHK) for the design, building, and supply of a 5G Indoor Coverage Solution for LAWSGROUP's flagship technology property KTR 350, facilitating 5G Smart City development in Hong Kong. As the first large-scale project under the strategic partnership between CMHK and LAWSGROUP to accelerate industrial transformations and the building of a digitalized society, KTR 350 is a new 29-storey smart commercial building with a gross floor area of 200,000 sq ft located at 350 Kwun Tong Road, Hong Kong. Comba Network will design and build an integrated indoor 2G, 3G, 4G and 5G New Radio (NR) System, operating in the new 5G 700 MHz band and the 3300 MHz to 3600 MHz golden spectrum band, as well as the traditional frequency bands for 2G, 3G and 4G. With a 300 MHz bandwidth, this integrated system will support 4x4 MIMO technology to deliver enhanced broadband user experience in the 5G NR network. Comba ComFlex Pro Distributed Antenna System (DAS) Solution will be deployed to meet all the advanced system requirements and help LAWSGROUP expand and deepen the 5G indoor network coverage for KTR350. Comba ComFlex Pro DAS platform is a unique, highly flexible, and scalable solution featuring advanced capabilities to ensure high-quality indoor network coverage and performance for all building types. It enables flexible system deployment and capacity allocation, as well as savings on power, cost, and rack space to meet the rapidly growing demands of IoT applications and optimal indoor network coverage, capacity, and performance in high-traffic areas. As a tier-one trusted partner of local mobile operators in providing both passive and active 2G, 3G, 4G and 5G DAS infra ......read more

Sennheiser Profile USB microphone provides ease of use and best-in-class audio - Plug in and you’re ready to stream

WEDEMARK, GERMANY - Media OutReach - 15 March 2023 - Today, Sennheiser is launching the Profile USB microphone, a cardioid condenser microphone that presents an easy and stylish solution for streaming and podcasting. It combines professional sound with direct accessibility of all functions, allowing streamers, podcasters and gamers to fully focus on their content. The side-address microphone is available as a table stand version and as the Profile Streaming Set with a 3-point self-locking boom arm. Both models are shipping from today.

Putting audio quality and ease of use first At the heart of the Profile USB microphone is an award-winning Sennheiser condenser capsule, the KE 10. Its cardioid pick-up pattern provides the typical attenuation of sound coming from the rear, making sure that the streamer's voice is in focus. In designing the Profile, product managers Benny Franke and Dennis Stegemerten also put an emphasis on ease of use. "When you are recording your podcast or doing a live stream, you already have to worry about the content, perhaps room treatment, the camera set-up, interaction with your audience – the last thing you need in this situation is a complex audio set-up", explains Franke. "So we tried to create tech that gets out of the way of your creative process." Stegemerten continues, "The design is simple and efficient and does not overwhelm you. Profile is simply plugged into the USB-C port of your computer or tablet – your device will automatically recognize the microphone, and it's ready to capture your voice. There is no need for an interface or any software, no additional window to keep open so that you can control the mic settings. ......read more

Rhenus Air & Ocean Joins Clean Cargo, A Global Program for Sustainable Container Shipping

As part of the Smart Freight Centre Community, the partnership demonstrates the ongoing commitment of Rhenus towards driving a more sustainable supply chain and exchanging industry best practices.SINGAPORE - Media OutReach - 15 March 2023 - Leading global logistics service provider, the Rhenus Group, shared updates on its sustainability efforts, from an affiliation with Clean Cargo under Air & Ocean to receiving the gold status for its sustainability performance in 2022 by EcoVadis. Rhenus has partnered with Smart Freight Centre's Clean Cargo, a leading buyer-supplier forum for sustainability in the cargo shipping industry, to collaborate and share its best practices with other industry leaders. The strategic partnership marks a milestone for Rhenus in its mission to create a more sustainable future in logistics where economic prosperity and environmental sustainability go hand in hand. Since 2003, Clean Cargo's methods and reporting processes have facilitated the creation of emissions performance information, helping cargo carriers evaluate their emission footprint and benchmark their performance. Through the extensive resources and expertise of Clean Cargo, Rhenus can effectively track its carbon footprint and actively promote sustainable practices among others in the industry. "As a Clean Cargo member, Rhenus is committed to driving sustainability through different approaches such as by innovative process optimisation, strategic carrier partnerships, or carbon offset programs. As we continuously seek out new and eco-friendly transport solutions, Rhenus has also aligned our carbon neutral initiative for full-container-load (FCL) shipments by 2045 and less-than-container-load (LCL) shipments by 2030. We believe in the power of action by actively doing our part in contributing to a greener supply chain," said Panjapat Lerdwisarnphop, Head of Sustainable Ocean Freight Development, Rhenus Air & Ocean. Through this partnership, Rhenus will have the opp ......read more

VinFuture Foundation Launches Science and Technology Webinar Series "InnovaTalk 2023"

HANOI, VIETNAM - Media OutReach - 15 March 2023 - The VinFuture Foundation has officially launched the InnovaTalk 2023 webinar series, covering highly applied fields such as agriculture, health, smart transportation, and emerging technological trends. The webinars will be held regularly from March to November.

The VinFuture Foundation is organizing the InnovaTalk webinar series to connect outstanding minds to domestic and global scientists and enterprises. Each InnovaTalk webinar will be chaired by a member of the VinFuture Prize Council or Pre-screening Committee, or by a world-renowned leading expert in the field of science and technology. The webinars will also feature discussions presented by distinguished guest speakers from well-known worldwide academic institutions including universities and research organizations, as well the participation of leading experts from academia and enterprises from Vietnam. Through these webinars, the VinFuture Foundation hopes to elevate the importance of various fields of science and technology, as well as evaluate the practicality and potential of applying such technology in Vietnam. At the same time, the Foundation also seeks to encourage and promote the contribution and role of Vietnamese scientists in the global innovation chain. "The InnovaTalk webinar series had an incredible response, with approximately 200 researchers and experts attending each webinar last year. As a bridge of knowledge, we are now increasing the number of webinars for this year. Our goal is to bring together the world's leading minds in science and technology, providing those who are passionate about science with the opportun ......read more

GEODIS expands offering to retail sector with new lease on multi-user facility in Shanghai’s Minhang District

A 10-year lease on the facility will continue to grow GEODIS’ presence in China and offer logistics solutions for the growing e-commerce industrySHANGHAI, CHINA - Media OutReach - 15 March 2023 - GEODIS, a global leader in the transport and logistics sector, has signed a 10-year lease agreement with PRD Group for a 20,000 square-meter multi-user facility in Minhang district, Shanghai. The facility is set to bolster GEODIS' contract logistics capabilities for retail partners, providing improved storage and inventory processing to support the fast-growing e-commerce industry that is expected to be worth USD 2 trillion in Asia Pacific by 2025 [1].

The new facility is slated to officially open to GEODIS' customers in July 2023 and will include a state-of-the-art storage system, consisting of mezzanine flooring, Very Narrow Aisle (VNA) pallet racks, and racking served by Autonomous Guided Vehicles (AGV). The facility will provide the space needed to support large merchandise inventory as well as inbound and outbound procedures. At peak capacity, the site will be able to manage an inventory of close to 20,000 Stock-Keeping Units (SKU). This will include having the space to process up to 300,000 lines per day for GEODIS' Business-to-Consumer (B2C) customers, in addition to approximately 15,000 lines per day for its Business-to-Business (B2B) clientele. "Retailers today are facing a dynamic environment, where the rise of e-commerce and omnichannel platforms are changing consumer demands for goods and services. Our goal as a logistics provider is to support our customers – and theirs – by meeting these demands. With this strategic partnership with PRD Grou ......read more

Plug in and you’re ready to stream: Sennheiser Profile USB microphone provides ease of use and best-in-class audio

WEDEMARK, GERMANY - Media OutReach - 15 March 2023 - Today, Sennheiser is launching the Profile USB microphone, a cardioid condenser microphone that presents an easy and stylish solution for streaming and podcasting. It combines professional sound with direct accessibility of all functions, allowing streamers, podcasters and gamers to fully focus on their content. The side-address microphone is available as a table stand version (HKD 1150, MSRP) and as the Profile Streaming Set with a 3-point self-locking boom arm (HKD 1800, MSRP). Both models are shipping from today.

Putting audio quality and ease of use first At the heart of the Profile USB microphone is an award-winning Sennheiser condenser capsule, the KE 10. Its cardioid pick-up pattern provides the typical attenuation of sound coming from the rear, making sure that the streamer's voice is in focus. In designing the Profile, product managers Benny Franke and Dennis Stegemerten also put an emphasis on ease of use. "When you are recording your podcast or doing a live stream, you already have to worry about the content, perhaps room treatment, the camera set-up, interaction with your audience – the last thing you need in this situation is a complex audio set-up", explains Franke. "So we tried to create tech that gets out of the way of your creative process." Stegemerten continues, "The design is simple and efficient and does not overwhelm you. Profile is simply plugged into the USB-C port of your computer or tablet – your device will automatically recognize the microphone, and it's ready to capture your voice. There is no need for an interface or any software, no additional window to keep open so tha ......read more

TUMI Unpacks Tomorrow with Reimagined Voyageur Collection featuring Reneé Rapp

HONG KONG SAR - Media OutReach - 15 March 2023 - TUMI, the leading international travel and lifestyle brand, is celebrating its iconic Voyageur collection with the latest instalment of its Unpack Tomorrow campaign starring singer-songwriter and actress, Reneé Rapp.

Reneé Rapp carries Voyageur Valetta Medium Tote
Brought to life by director Todd Tourso, the campaign offers an up close and personal lens into Reneé's multifaceted journey, illustrating the importance of reliable travel products in a world that is full of unknowns, and continuing to position TUMI at the forefront of the "nomadic" travel movement. Sex Lives of College Girls and Mean Girls: The Musical actress Reneé Rapp's videos highlight the ways that the young star brings TUMI wherever her career takes her. Reneé's films feature the relaunch of TUMI's beloved women's Voyageur collection, boasting recycled materials within its core designs. The Spring 2023 Voyageur collection takes its signature streamlined aesthetic and reinterprets it with ultramodern shapes and sizes suited for stylish professionals. Sustainability has also been brought to the forefront with recycled components as well as enhanced durability and new organizational features that bring ease to each wear. Spring brings a flurry of new seasonal colors in the Voyageur collection with Lilac, Fog, Mist and multicolor Swallowtail Print.
L to R: TUMI ......read more

Prudential plc Full Year 2022 Results

A Resilient Performance In 2022, Well Positioned For Opportunities In 2023 And BeyondHONG KONG SAR - Media OutReach - 15 March 2023 - Performance highlights for the continuing business on a constant (and actual) exchange rate basis1 APE sales2 up 9 per cent (5 per cent) to $4,393 million with both agency and bancassurance channels delivering APE sales growth in the second half of 2022 New business profit3 down (11) per cent ((14) per cent) to $2,184 million with the impact of higher volumes being offset by higher interest rates and business mix effects Adjusted operating profit4 up 8 per cent (4 per cent) to $3,375 million EEV operating profit5 up 15 per cent (12 per cent) to $3,952 million. EEV shareholders equity is $42.2 billion, equivalent to 1,534 cents per share GWS shareholder capital surplus over GPCR of $15.6 billion6, equivalent to a cover ratio of 307 per cent6 (2021: 320 per cent7) Operating free surplus generated8 from life and asset management business up 9 per cent (6 per cent) to $2,193 million Second interim dividend of 13.04 cents per share, 18.78 cents per share for the full year, up 9 per cent "2022 was the first full year for the Group as an Asia and Africa focused business. We have delivered a resilient performance against a backdrop of Covid-19-related disruption and broader macroeconomic volatility. The results reflect the advantage of our diversified business model across the Asia region, highlighted by a balanced contribution to APE sales and new business profit from Hong Kong, the Chinese Mainland and Taiwan and from South-east Asia, including Singapore, Indonesia and Malaysia. "The removal of the bulk of Covid-19-related restrictions across the region and the progressive opening up of the Chinese Mainland economy has meant that 2023 has started well with encouraging progress in year-on-year sales, with Group-wide APE sales for the two months ended Februa ......read more

Dachser acquisition in Australia and New Zealand

The takeover of air and sea freight forwarder ACA International adds six locations Down Under to the company’s own Air & Sea Logistics (ASL) networkHONG KONG SAR - Media OutReach - 15 March 2023 - Dachser has acquired ACA International headquartered in Melbourne, Australia. This acquisition means Dachser's own air and sea freight network now also covers Australia and New Zealand, countries that are not only economically strong but also closely interlinked with Asia, Europe, and North America.

ACA International employs 56 people and generated revenue of around EUR 75 million in 2021. The air and sea freight forwarding company was founded in 1982 and is privately owned. ACA International provides its customers in Australia and New Zealand with integrated international transportation services. The company puts a strong focus on quality, expertise, innovation, and collaboration, for which it uses the latest information technologies. Headquartered in Melbourne, Australia, the company has two additional offices in Sydney and Brisbane. In New Zealand, ACA International has offices in Auckland, Wellington, and Hamilton. The company has an additional branch office in Kansas City, USA. ACA International is also present in the Greater China region. However, these Chinese locations are not part of the acquisition; Dachser has been serving its customers in China from its own locations since 2003. Continuing on a growth trajectory For the past 14 years, ACA International has been led by experienced air and sea freight logistics specialist Adam Cruttenden, Glenn Hall, Mark Weeks and Hervey Graham. Leading Dachser Oceania into the future, Adam Cruttenden will be ta ......read more

VinBrain becomes NVIDIA Inception Premier Member

HANOI, VIETNAM - Media OutReach - 14 March 2023 - VinBrain has become a Premier member of NVIDIA Inception, a global program that provides cutting-edge startups with access to accelerated computing resources and more. By teaming up with NVIDIA, VinBrain is poised to transform HealthTech innovation in Southeast Asia, building on its previous successful collaborations with Microsoft and Stanford University.

From the outset, VinBrain has leveraged cutting-edge NVIDIA' GPU technology to accelerate AI model training for healthcare solutions.
As a Premier member of NVIDIA Inception, VinBrain has the advantage of being an early adopter of NVIDIA's latest hardware innovations. Moreover, VinBrain receives ongoing technical support by regularly meeting with R&D experts, empowering the company to design and train advanced AI models and seamlessly integrate AI systems into clinical workflows. With this capability, VinBrain is better equipped to serve hundreds of hospitals across Vietnam, the United States, and Southeast Asian nations with optimal efficiency. VinBrain's AI product suite, including DrAid™, AIScaler™, and SenMe™ (aka AIviCare™) is now featured on the NVIDIA Accelerated Apps Catalog. "We are thrilled to become a Premier member of NVIDIA Inception," said Steven Truong, CEO of VinBrain. "VinBrain has collaborated with Microsoft Corporation on data sharing, cross-validation, product research and development, and with Stanford University on in-depth research and data use, including hundreds of thousands of shared medical images. Continuing collaboration with NVIDIA in the hardware field will create a strong foundation for V ......read more

Indonesia Metaverse Collaboration Initiative was launched at MWC 2023 Barcelona as a Step Forward in the Metaverse Industry

JAKARTA, INDONESIA - Media OutReach - 14 March 2023 - Indonesia has made a significant move towards becoming a major player in the global metaverse industry with the launch of its Indonesia Metaverse Collaboration Initiative on 1 March 2023, in conjunction with the Mobile World Congress 2023 in Barcelona. The event was attended by a delegation of prominent organization leaders, including the Embassy of the Republic of Indonesia in Spain, Indonesia Ministry of ICT (Kominfo) as the representative of Indonesian Government, Telkom University, and group of industry leaders from GSMA, Telkom Indonesia, Telkomsel, Indosat Ooredoo Hutchison, XL Axiata, Smartfren, Alita, Techbros, Meta, and Telecom Infra Project.

Attendees of the Indonesia Metaverse Collaboration Initiative Launching event at MWC 2023 Barcelona, 1 March 2023. From left to right of the front row (Vishal Mathur - Global Head of Engagement of Telecom Infra Project, Rizal Akbar- VP of NITS Telkom Indonesia, Kevin Salvadori - Vice President of Network of Meta, Vikram Sinha - CEO of Indosat Ooredoo Hutchison, Denny Setiawan - Director of Resource Management of Indonesia Ministry of ICT, H.E. Dr. Muhammad Najib - Ambassador of the Republic of Indonesia to the Kingdom of Spain, Julian Gorman - Head of APAC GSMA, Franky O. Widjaja - Executive Chairman of Smartfren, I Gede Darmayusa - CTO of XL Axiata, Irlamsyah Syam - VP Synergy Management of Telkomsel)
This initiative is a national level collaboration that is significant for both national interests and stakeholders involved. For National benefit Metaverse has the potential to boost econom ......read more

MetaTrust Labs Announces Strategic Partnership with BingX

SINGAPORE - Media OutReach - 14 March 2023 - MetaTrust Labs (short for "MetaTrust"), founded by the globally renowned research team in Web3 developer security tools, is pleased to announce it has entered into a strategic partnership with BingX. This partnership aims to provide high-quality security auditing and operation services, as well as comprehensive security and compliance solutions in the global Web3 industry.

Established in 2018, BingX is a leading crypto exchange that offers spot, derivatives, copy trading, and grid trading services to more than 100 countries and regions worldwide with over 5 million users. With user trust and platform transparency as the top priority, BingX continues to connect users with expert traders and the platform in a safe, leading, and innovative way. MetaTrust offers automated security tools and smart contract code audit services that can provide pre-security and compliance in the development lifecycle, achieving deep security scanning and dynamic protection. These accurate, efficient, and easy-to-use services provide developers and project teams with all-round and three-dimensional security empowerment. In addition to providing audit services for BingX's listed projects and investment portfolio, MetaTrust also offers an automatic security operations center which makes security management more effective in real time. This also helps to detect and address potential security vulnerabilities and issues in the systems, applications, and operational processes, and provides effective security solutions and recommendations. BingX has expressed high praise for MetaTrust's professionalism and expertise in the area of s ......read more

EthosEnergy appoints former ItalPresseGauss CEO, Mario Cincotta as new East Hemisphere Executive Vice President

Aberdeen, UK - News Direct - 14 March 2023 - EthosEnergy has appointed Mario Cincotta, former CEO of ItalPresseGauss and Senior Vice President of Norican Group as its new Executive Vice President of East Hemisphere. Mario will have strategic and operational leadership for the East Hemisphere. He will be based in Italy and report into the CEO, Ana Amicarella. He brings with him 25 years of experience across the energy industry having spent 20 years with the GE Energy business in various leadership roles prior to his former position. Ana Amicarella, CEO of EthosEnergy said, “Mario is known for his strategic vision, strong leadership and ability to execute. I am excited to welcome him to EthosEnergy and look forward to working closely together to deepen customer relationships, strengthen our position in the market and grow our business.” Mario added, “I am delighted to join EthosEnergy at such an exciting time in their transformation and growth journey. I believe that building talent, team engagement, and inclusiveness as well as developing sustainability are key competitive factors, and look forward to working with the team to execute on these areas to take our business to the next level.” Mario served as officer in the Italian Army and holds an Engineering Master’s degree from Milan Polytechnic University, a Master’s in Business Management from the ISTUD Institute of Management in Italy and a “Business Strategy in the Energy Industry” Certificate from the Georgia Tech Institute of Technology. EthosEnergy turns on potential to deliver services and solutions globally for rotating equipment to make energy affordable, available, and sustainable. Tailoring solutions for the power, oil & gas, industrial and aerospace markets, so customers can achieve more. www.ethosenergy.com Contact Details Louise Palin Senior Marketing and Communications Specialist +44 7944 629235 Louise.Palin@ethosenergy.com Company Website https://ethosenergy.com Hashtag: ......read more

Vestas wins 373 MW order in South Africa featuring the first V163-4.5 MW wind turbines

SANDTON, SOUTH AFRICA – EQS Newswire – 14 March 2023 - Independent power producer Red Rocket has placed a 373 MW order for the Brandvalley, Rietkloof and Wolf wind parks, to be located in Western Cape and Eastern Cape, South Africa.

The contract includes the supply and installation of 64 V150-4.5 MW wind turbines, 12 V163-4.5 MW wind turbines and five V162-6.2 MW Enventus wind turbines. Vestas will service the wind parks through a 15-year Active Output Management 5000 (AOM 5000) agreement. Red Rocket's CEO, Matteo Brambilla said: "Red Rocket has been investing and supporting South Africa's electricity crisis for more than a decade and with a portfolio of more than 1,000 MW of wind, hydro and solar projects under development, in construction or in operation in the country, we are delighted to continue making a significant contribution to South Africa and the rest of the continent." Brambilla added: "The projects will bring a 740-million-rand community investment over 20 years through local social projects. The wind farms will start operating in 2024". The order includes the first installations globally of the V163-4.5 MW wind turbine from Vestas' 4 MW platform. Featuring an 18 per cent increase in swept area, the V163-4.5 MW has a large rotor-size-to-rating ratio resulting in a higher capacity factor, enabling up to 10 percent higher Annual Energy Production at park level compared to the V150-4.5 MW depending on site-specific conditions. This increases power output at lower wind speeds significantly and improves predictability and stability in production, optimising the utilisation of the wind park as well as benefitting the energy grid. "I would like to t ......read more

Rihanna, Ariana Debose and Halle Bailey Shine in De Beers Jewellers at The 95th Academy Awards

LOS ANGELES, US - Media OutReach - 14 March 2023 - De Beers natural and responsibly sourced diamonds shined on Rihanna, Ariana DeBose and Halle Bailey at the 95th annual Academy Awards held at the Dolby Theatre in Los Angeles, honouring the finest achievements of film.

From left to right: Ariana Debose, Rihanna and Halle Bailey in De Beers Jewellers
Rihanna, dripping in layers of classic diamond pieces, dazzled during her performance of her Oscar nominated song "Lift Me Up" from Black Panther: Wakanda Forever. Ariana DeBose, who presented the award for Outstanding Performance by a Female Actor in a Supporting Role after her historic 2022 win, was radiant in edgy diamond ear climbers. Halle Bailey shined in a diamond necklace from De Beers' The Alchemist of Light High Jewellery collection featuring a 20.57 carat diamond as she proudly debuted a new trailer for her highly anticipated live action version of The Little Mermaid. Hashtag: #DeBeers #DeBeersHK #naturaldiamondsThe issuer is solely responsible for the content of this announcement.About De Beers Jewellers Founded in London, with a flagship store on Old Bond Street and a presence in the most exclusive locations around the world, De Beers Jewellers is the pinnacle of luxury diamond jewellery. Building on De Beers' 130 years of expertise, the House glorifies the world's most beautiful diamonds through creativity and craftsmanship in bold, distinctive designs. De Beers is invested in ensuring all the diamonds it discovers create a lasting positive impact for people and the places where they are found. This comes with a pledge to build a better future – one that is fairer, safer, cleaner an ......read more

Prince Foundation Sponsors AmCham Charity Gala to Repatriate Cambodia's National Treasures

PHNOM PENH, CAMBODIA - Media OutReach - 14 March 2023 - Prince Foundation, the philanthropic arm of Prince Holding Group, is proud to be the diamond sponsor of the American Chamber of Commerce in Cambodia's Charity Gala Dinner, which raised funds for the Cambodian Treasures Foundation.

The event, presided over by Lieutenant General Hun Manet, Deputy Commander-in-Chief of the Royal Cambodian Armed Forces and Commander of Royal Cambodian Army, brought together 22 corporate sponsors and 480 attendees. The purpose of the event was to raise awareness about the repatriation of Cambodia's artefacts. The event also raised fund to support the momentous return of the country's national treasures. Mr. Anthony Galliano, President of AmCham, commented, "The return of Cambodia's national treasures is an important step in preserving the country's rich cultural heritage. We are grateful for the support of the Prince Foundation and their commitment to the community." Mr. Gabriel Tan, Head of Prince Foundation, stated, "Prince Foundation is honored to sponsor this event and contribute to the protection of national identity. We believe that the preservation of culture will uphold national identity and pride. We are pleased to play our part in supporting the Royal Government of Cambodia in bringing the national treasures back to Cambodia." Prince Foundation, established by founder and Chairman Chen Zhi, is dedicated to seeking synergistic partnerships for building resilience within Cambodia. The Foundation has been actively supporting demining efforts by raising funds awareness for the cause. Additionally, the Foundation has been working with different stakeholders to ......read more

VinFast rolls out the "Non-stop service network"

HANOI, VIETNAM - Media OutReach - 13 March 2023 - VinFast Trading & Service Co., Ltd. announced the deployment of the "Non-stop service network" to enhance the customer's electric vehicle ownership experience. Accordingly, from March 15, 2023, all VinFast's corporate-owned service workshops in Vietnam will operate continuously from 8 AM to 9 PM daily, including Sunday.

Instead of operating from 8 AM to 5 PM from Monday to Saturday, with daily afternoon breaks and Sundays off, VinFast is rolling out the "Non-stop service network" from March 15, 2023, with three additional operational criteria: no days off - no afternoon breaks - continuous service from morning to evening. Customers can have their vehicles serviced, repaired, and maintained at any time from 8 AM to 9 PM on all days of the week.
The adjustment applies to all VinFast's service workshops nationwide from March 15, 2023. The increase in service time from 48 to 91 hours/week without interruption will ensure that VinFast's customers can have their vehicles serviced more flexibly and conveniently, a growing need considering VinFast's rapidly increasing market share within the country. In addition to the "Non-stop service network", VinFast also provides a unique "24/7 Mobile Service" in Vietnam, including Mobile Repair, Mobile Charging, and 24/7 Rescue, ready to support customer ......read more

Hong Leong Bank’s New Data Center Receives Highest Green Certification in Malaysia from GCI

The Data Centre is the first in Malaysia to be certified as a Titanium+ Tier facility by Green Climate Initiative (GCI), a testament to the Bank’s commitment to addressing climate change and the transition to a green, low carbon and climate-resilient economyKUALA LUMPUR, MALAYSIA - Media OutReach - 13 March 2023 - Hong Leong Bank's ("HLB" or "the Bank") new data center has received a Titanium+ Tier nod from the Green Climate Initiative ("GCI"), an industry-leading green technology accreditation organisation. With this accreditation, the Bank's data center is officially a Certified Green Computing Facility and the only facility in Malaysia to achieve the prestigious Titanium+ ranking by scoring a near-perfect 99 out of 100 points in the Certified Green Computing Facility ("CGCF") Weighted Scorecard.

HLB's Chief Technology Officer William Streitberg receiving the Titanium+ Tier Certification from Green Climate Initiative's (GCI) Avis Tan, Head of Sustainability Committee (Asia & Middle East), flanked by Huawei Enterprise Business Group, Financial Services Industry Director G.T Tan
This accreditation, which was presented at the Huawei Malaysia Digital Power Summit 2023, comes as the Bank continues to execute its strategic ESG initiatives, working towards its goal of being carbon neutral by 2050. In recent years, the Bank has gradually embedded ESG considerations throughout its business operations by implementing sustainability and environmental frameworks as part of its business strategy. The Bank's new data center, which uses open-source, latest data governance architecture to enable real-time data processing, data mining, and in-depth analys ......read more

BEST Inc. Holds 1st Network Conference for 200 Partners in Malaysia and Singapore, Continues to Support Partners’ Profitable Growth

KUALA LUMPUR, MALAYSIA - Media OutReach - 13 March 2023 - BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider in China, held its first network conference for its BEST Malaysia and Singapore's business partners in Kuala Lumpur, Malaysia.

About 200 of Malaysia and Singapore BEST business partners were presented for this one-day event. Johnny Chou, the founder, Chairman and Chief Executive Officer of BEST Inc. also attended in this special occasion. In his remarks at the conference, Johnny Chou expressed his appreciation to the business partners that have given unconditional supports the company, which has allowed BEST Inc's business to grow stably in the region and continued to expand. "Logistic is a promising large market. An efficient logistic is a key part of economy, internet and IT technology drive fast growth in ecommerce push for more efficient logistics, Mr Chou said in his opening remarks. Logistics has a major influence on people life, it plays an important role in the growth and development of the local economy. The rise in local consumption drives for networked transportation, warehouse and integrated services, with the latest development of logistic where information technology (IT), Artificial Intelligence (AI), large data, wireless drive for digitization of logistics and increase the efficiency and services. "With the consolidation and integration among the industry. It is foreseen that the next ten-years will be the golden age for logistics industry," Mr Chou said in his opening remarks. Discussing on the 2023 goals set for BEST Malaysia and Singapore, Mr ......read more

NGT’s Fully Intuitive Integrated AI Application System Officially Enters Public Testing in Hong Kong as the City’s First of its Kind

Collaborate with Indigenous Businesses and Leverage the AI-tech Agitation to Accelerate Local Digital TransformationHONG KONG SAR - Media OutReach - 13 March 2023 - NextGen Tech ("NGT" or "the Company"), a leading technology service company in Hong Kong with a pioneering advantage in artificial intelligence ("AI"), is pleased to announce that YOTTA, developed by NGT's core AI technology team, the first integrated and fully smart AI application system in Hong Kong, officially entered public testing to provide technology service. The trial phase primarily targets enterprise users, promoting and assisting them to promptly adapt and implement business process automation, enhancing their operational efficiency and productivity while reducing operating costs, with a long-term prospect of driving the digital transformation of local businesses.

NGT has developed and launched Hong Kong's first integrated and fully smart AI application system, YOTTA
NGT boasts YOTTA as a pioneering and practical AI solution with practical, intelligent, and innovative features. Drawing on the highest international standards of AI operations, the NGT team has combined global best practices with local insights to create an AI solution that "caters specifically to the usage habit of Hong Kong users". YOTTA can efficiently process and filter vast amounts of data, completing routine tasks and production processes according to precise market demands and personal user instructions, so as to optimize human resources and cost structures, while helping users make informed decisions. This AI platform records and analyzes existing business performance indicators, then compares ......read more

Goldwater International to launch one-stop wealth management service Covering diversified trust schemes, comprehensive asset allocation and tax planning

HONG KONG SAR - Media OutReach - 13 March 2023 - Goldwater International Limited is pleased to announce the launch of a one-stop wealth management service that includes technology adoption and flexible mandates. We manage the financial and non-financial assets of our valued customers by formulating personalized and reliable trust solutions, achieving comprehensive personal and family protection, retirement planning, and long-term asset arrangements Many high-net-worth individuals have entrusted their assets to wealth management enterprise amid the flourishing of the trust industry in Hong Kong, outbreak of pandemic and the geopolitical tensions. Goldwater International is seizing the opportunity of global economic recovery, providing customers with comprehensive wealth management services that cover various trust schemes, including family wealth management, tax planning and asset preservation. The one-stop service simplifies the wealth management process and reduce complex and trivial procedures for customers. Goldwater has years of experience in trust and wealth management, and its professional team is certified and experienced in the field of trust management, legal compliance, and customer management. By gaining a deep understanding of each customer's goals, the team carefully balances their needs and risk tolerance levels to tailor a trust solution for customers. Mr. John Peng, Managing Director of Goldwater International Limited said, "Hong Kong's diversified investment tool and the growth opportunities in the Greater Bay Area are conducive to connecting customers worldwide and bringing ample room for growth for the trust industry. We continue to pay attention to market changes, expand our business and nurture talents, hoping to build Hong Kong into a hub for trusts in the Asia-Pacific region and provide more comprehensive professional services for customers." Hashtag: #GoldwaterInternationalThe issuer is solely responsible for the content of this annou ......read more

VHIS is more than tax deductions, be mindful of the calculation and get insured wisely

HONG KONG SAR - Media OutReach - 13 March 2023 - Voluntary Health Insurance Scheme (VHIS) policyholders are eligible to claim up to HK$8,000 for tax deduction. If we use a tax rate of 17% for calculation, the total tax deduction exceeds HK$1,300. However, many policyholders focus on saving the most tax, but neglecting the actual premium paid, and end up saving less money. VHIS Tax Deduction Claimable Limit & Calculation Each policyholder and taxpayer can claim up to HK$8,000 of VHIS premium for tax deduction. If the annual VHIS premium exceeds this amount, only HK$8,000 can be claimed. The tax deduction amount is calculated as below - Formula VHIS premium paid during the assessment year X Tax Rate = Actual Tax Deduction Amount Example HK$8,000 (Tax Deduction Claimable Limit ) X 17% (Assuming the Tax Rate is 17%*) = HK$1,360 *The tax rate varies between policyholders, depending on the salary. Many may think choosing a VHIS with higher premium allows them to enjoy higher tax deduction, and save more money. However, it is not the case. Instead of saving tax, you spend more for a more expensive VHIS plan with similar Protection Formula shows policyholders could enjoy higher tax deduction with more expensive plans. However, Bowtie's calculations show that the most cost-effective way is to purchase a Voluntary Health Insurance Scheme (VHIS) Policy with a lower premium but adequate protection. Case 1: Purchase a more expensive VHIS plan^ Case 2: Purchase a more affordable VHIS plan^ Tax Deduction Claimable ......read more

Prudential plc included in the Shanghai - Hong Kong Stock Connect Programme

HONG KONG SAR - Media OutReach - 13 March 2023 - Prudential plc ("Prudential") today announced that Prudential's shares, which trade on the Stock Exchange of Hong Kong, are now included in the Shanghai-Hong Kong Stock Connect programme. The expansion comes after Prudential's inclusion in the Shenzhen-Hong Kong Stock Connect programme and the Hang Seng Composite Index last year. James Turner, Group Chief Financial Officer, Prudential said: "This inclusion signifies another milestone for Prudential. This additional southbound trading mechanism will allow more investors in the Chinese mainland to share our growth and help lift our profile and shareholder base in China further." Prudential provides life and health insurance and asset management in 23 markets across Asia and Africa. The business helps people get the most out of life, by making healthcare affordable and accessible and by promoting financial inclusion. Prudential is due to report its 2022 Full Year results on 15 March 2023. Hashtag: #prudential The issuer is solely responsible for the content of this announcement.About the Shanghai-Hong Kong Stock Connect ProgrammeThe Shanghai-Hong Kong Stock Connect is a mutual stock market access programme through which investors in the Chinese mainland and Hong Kong can trade and settle shares listed on either market via the Shanghai Stock Exchange, the Stock Exchange of Hong Kong or clearing houses in their home market. Investors in the Chinese mainland need to maintain a total balance of securities and cash account of not less than CNY500,000 to participate in the programme. About Prudential plc Prudential plc provides life and health insurance and asset management in 23 markets across Asia and Africa (at 31 December 2022). The business helps people get the most out of life, by making healthcare affordable and accessible and by promoting financial inclusion. Prudential protects people's wealth, helps them grow their assets, and empowers them to ......read more

Dachser expands footprint with two new offices in South East Asia

Chiang Mai, Thailand and Da Nang, Vietnam offices are now in serviceHONG KONG SAR - Media OutReach - 13 March 2023 - International logistics service provider Dachser today announced the openings of its two new offices in Chiang Mai, Thailand and Da Nang, Vietnam. The new offices further expand the company's footprint and strengthen its position in the region to serve growing customer demands, especially from the electronics, and fashion and sports industries.

Oliver Cierocki, Managing Director of Dachser Vietnam (right) and our sales professional Duc Pham (left) are dedicated to addressing customers' needs.
"Dachser in South East Asia has experienced strong growth in the past few years, and we see increasing needs from customers based outside the capital cities. Strategically located in Chiang Mai and Da Nang, the latest openings enable us to provide better support to our customers with technology-driven logistic solutions and expand our market presence," said Jesper Larsen, Managing Director Air & Sea Logistics South East Asia. Chiang Mai, located in northern Thailand, is home to a number of electronics, fashion and sports, and food companies. With industry expertise, Dachser provides customized solutions with efficient and high-quality services to customers. "Da Nang is an important traffic hub for the Central Vietnam Region with an international airport and deep sea port. The company's new office, located in a prime area of Hai Chau District, serves customers spread across eight industrial parks and clusters, covering all major industries in the city," said Oliver Cierocki, Managing Director Air & Sea Logistics Vietnam. "We are committed to gro ......read more

Island Shangri-La Launches Themed Room Experiences in the Hotel’s Newly Enhanced Guest Rooms and Suites

HONG KONG SAR - Media OutReach - 13 March 2023 - Following on from the introduction of its newly enhanced guest rooms and suites, Island Shangri-La has launched a series of unique themed experiences that are sure to delight guests of all ages.

Northern Lights experience at Island Shangri-La’s enhanced guest rooms and suites
As well as enjoying a host of upgraded features and amenities, families checking into the newly renovated rooms can choose from four themed experiences—Princess World, Space Travel, Safari Park and Northern Lights—each of which features a captivating set-up that includes an in-room tent, special decorations and an overhead projector, transforming the room into a magical wonderland that kids will be thrilled to explore. The recent renovation of the rooms and suites was led by renowned French designer Tristan Auer, whose previous projects include the Hôtel de Crillon in Paris, the Mahanakon Sky Bar in Bangkok and the Cotton House hotel on the private island of Mustique in the Caribbean. Drawing inspiration from Hong Kong architecture and culture while deftly blending contemporary Asian and Parisian aesthetics, Auer has succeeded in creating rooms and suites that are as distinctive as they are sophisticated, and which inspire an exalted sense of calm and well-being. Perfectly reflecting the modern traveller's desire for luxury and convenience, the generously proportioned rooms and suites include multifunctional in-room pantries, adaptable desk tables and seamlessly integrated technology, all of which help to create a versatile space that is ideal for families. Each room also has a beautifully upholstered, made-to-measure daybed that provi ......read more

Samsung Solve for Tomorrow 2022 Reaches Successful Conclusion

The annual competition saw record number of students participating and integrating STREAM knowledge and design thinking to “Innovate for a Better Hong Kong.” HONG KONG SAR - Media OutReach - 12 March 2023 - The world's leading technology company, Samsung Electronics H.K. Co. Ltd., today announced the 20 winning teams from the annual "Solve for Tomorrow – Innovate for a Better Hong Kong" competition. Although the competition occurred during the fifth wave of the pandemic, a record number of students participated in this year's competition. More than 2,000 primary and secondary school students from more than 400 schools showcased their creative talent. With the ease and the relaxation of social distancing measures, all awards were given away at a prestigious physical presentation ceremony. All 20 winning teams shared cash prizes and products worth over HK$270,000.

"It is gratifying to see that the students have tried their best to design various innovative solutions with their technical knowledge and creativity that will improve the lives of Hong Kong residents," said Yiyin Zhao, managing director of Samsung Electronics Hong Kong. "We hope that all the students will continue to develop their strengths and creativity and become leaders of tomorrow to bring positive societal change and innovate for a better Hong Kong,"
Solve for Tomorrow 2022 was hosted by Samsung and co-organised by the Association of IT Leaders in Education (AiTLE) and Hong Kong Education City. The presentation ceremony unveiled the primary and secondary school champions and the first and second runner-ups for each category, while giving out merits and awards for cre ......read more

CITIC Telecom CPC Continuous DX Innovation to Introduce Intelligence Operation Journey

Takes operational efficiency and cost optimization to new heightsHONG KONG SAR - Media OutReach - 10 March 2023 - CITIC Telecom International CPC Limited (CITIC Telecom CPC), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited (SEHK: 1883), is creating new benchmarks for operational efficiency and cost optimization with its Intelligent Operation Suite. It leverages Artificial Intelligence (AI), Machine Learning (ML), Augmented Reality (AR), Big Data and Blockchain technologies to create an Intelligence Operation Journey for far-sighted companies, offering a strategic competitive advantage for a sustainable and high-quality business development.

(from the right), Mr. Henry Ko, General Manager – Enterprise Sales, CITIC Telecom CPC, Mr. Jacky Zheng, Senior Manager, Greater China, Siemens Digital Industries Software, Mr. Shu Lian, General Manager of Information Development and Management, Buchang Pharmaceuticals, Mr. Taylor Lam, Chief Strategy Officer, CITIC Telecom CPC and Mr. Ivan Lee, Vice President of Information Technology Services & Data Science, CITIC Telecom CPC.
CITIC Telecom CPC's Intelligence Operation Journey integrates the power of algorithms and a full stack of innovative technologies. It seamlessly connects the technology stack with the company's intelligent ICT infrastructure for access management, processes optimization, operational efficiency enhancement and compliance management across diverse scenarios. It is based on the extensive experience and capabilities of CITIC Telecom CPC's professional team, who can customize the unique needs of enterprises.
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Tia Lee Yu Fen, global C-pop star and fashion icon, razzle-dazzles at Moncler Genius’ London Fashion Week showcase

HONG KONG SAR - Media OutReach - 10 March 2023 - Tia Lee Yu Fen (???), the global C-pop star and fashion icon, made waves for all the right reasons as she stole the limelight with her bold and daring outfit for the Moncler Genius’ showcase at London Fashion Week. Donning a shimmering white coat and a pair of suave yet elegant sunglasses, Tia’s impeccable taste was on show for everyone to see.

Tia Lee at Moncler Genius FW23 show
She also made appearances at Julien Macdonald, David Koma and Richard Quinn’s shows, each time wearing clothing picked from the designer’s collection. Throughout London Fashion week, Tia was spotted with a who’s who of the celebrity world as some of the other notable attendees included Leonardo DiCaprio, Sara Sampaio, Naomi Campbell, Alicia Keys, Justin Bieber, Ronan Keating, Pharrell Williams, Hailey Bieber and Serena Williams. Tia Lee’s trendsetting adventures at London Fashion Week came after a meteoric comeback with her new hit single “Goodbye Princess”. The song was preceded by a six-episode animation series that provided an inspiring window into the tough transformation Tia underwent, to bid farewell to her old self and become a new superstar. Having launched the #EmpowerHer campaign, she hopes to encourage other women to change themselves. One of the highlights of her initiative has been the #EmpowerHerDance challenge, which saw 16 KOLs across 15 countries spearhead the dance challenge and capture the attention of their combined 158 million followers! Tia was also inspired to support four charities - Beats By Girlz and Women in Music in the United States, Daughters Of Tomorrow in Singapore and Teen’s Key ......read more

Global C-pop star Tia Lee Yu Fen shows off impeccable taste in fashion at London Fashion Week

HONG KONG SAR - Media OutReach - 10 March 2023 - Tia Lee demonstrated why she is known as a fashion icon, as the global C-pop star donned a tasteful selection of outfits during her appearance at London Fashion Week. She made her presence felt at some of the hottest showcases, including Moncler Genius, Julien Macdonald, David Koma and Richard Quinn.

Tia Lee with Julien Macdonald, in couture from his FW23 collection
At the Moncler Genius FW2023 show, she was seen sporting a dazzling white coat perfectly accented by a pair of chic sunglasses. Tia also turned heads at Macdonald’s showcase, wearing an exquisitely tailored lace slip dress and flowing black chiffon cape exclusively handpicked from Macdonald’s collection. While attending Koma’s show, she donned a shimmering silver two-piece suit, bomber jacket and boots that reflected with the fashion designer’s signature body-contouring statement pieces. The ensemble was lifted to a whole new level with Diamond Chain earrings from Amina Muaddi and Noir Sleek Sunglasses from Gentle Monster. Tia Lee continued to steal the spotlight with her elegant dress sense during Quinn’s reveal at London Fashion Week, which was topped off by a teardrop-shaped headpiece from Victoria Grant, suede platform sandals from Jimmy Choo and pearl earrings from Theo Fennel. The constant evolution in her fashion was a core message that Tia was trying to communicate. It plays on the metamorphosis she underwent in order to become a strong, independent woman, and a leading voice for female empowerment. Women’s empowerment is the basis of her #EmpowerHer campaign, and she wants other women to embark on their own journey of change ......read more

From music to fashion, global C-pop star and style icon Tia Lee Yu Fen continues hitting the right notes at London Fashion Week

HONG KONG SAR - Media OutReach - 10 March 2023 - After the release of her record-breaking new single “Goodbye Princess”, fashion icon and global C-pop star, Tia Lee Yu Fen continued to hit all the right notes during her appearance at London Fashion Week. She was spotted wearing a number of stylish outfits throughout the world famous event and attended several of the hottest showcases, including the Moncler Genius showcase.

Tia Lee at the FROW of David Koma’s FW23 runway show L to R: Tia Lee, Tade, Elodie Russell
While at the Moncler Genius show, she was pictured with Swizz Beatz, who helped produce her hit single “Goodbye Princess”. This marked new territory for the Grammy award-winning producer who had never previously ventured into the realm of Chinese music. Swizz Beatz has a track record of working with some of the biggest talents in the music industry, including Justin Bieber, Jay-Z and Madonna. Tia also teamed up with Grammy award-winning female DJ duo Nervo, to create a pulsating remix of “Goodbye Princess”, shattering records on YouTube as Tia became the fastest artist to break 100 million views on the platform within 20 days with a Chinese pop song. In addition to working with Tia Lee on her music, DJ duo Nervo have also come onboard as ambassadors for the global C-pop star’s #EmpowerHer campaign. The campaign seeks to spread the message of female empowerment, encourage women to have confidence in their abilities and to strive for a better future. She has used her song as a vehicle to spread awareness for women-centric charities to further their missions. The roots of the #EmpowerHer campaign are in Tia’s own experiences of being s ......read more

Tia Lee Yu Fen, global C-pop star and fashion icon, continues to spearhead the female empowerment campaign at London Fashion Week

HONG KONG SAR - Media OutReach - 10 March 2023 - Global C-pop star Tia Lee Yu Fen (???) continued to promote her #EmpowerHer campaign, attending numerous shows by icons of the fashion industry at London Fashion Week. She was seen at Moncler Genius’ show, along the Julien Macdonald, David Koma and Richard Quinn events.

Tia Lee arriving at the David Koma FW23 runway show in a shimmering silver two-piece suit over bomber and boots from his collection
Seen wearing a variety of sleek and stylish outfits, Tia stole the spotlight with her dress sense and her message of female empowerment. She kicked off her discussion of the need for women to take their future into their own hands back in November 2022 when she launched a six-episode animation series in advance of releasing her blockbuster single “Goodbye Princess”. Despite being a fashion icon and global C-pop star, Tia Lee has maintained an unwavering commitment to promoting her new initiative - the #EmpowerHer Campaign. She has even donated to four women-centric charities - Beats By Girlz, Women in Music, Daughters Of Tomorrow and Teen’s Key - to help further their missions helping women and girls all over the planet. She has also inspired a TikTok trend - known as the #EmpowerHerDance challenge - as 16 KOLs across 15 countries have spearheaded this and helped it attain a combined reach of 158 million followers. Just as styles evolve in fashion, Tia has experienced the same kind of change - shedding the negative ‘women in entertainment’ style stereotypes. After a period of reflection, she has emerged as ......read more

Fashion icon Tia Lee Yu Fen attends David Koma’s showcase and exclusive after-party at London Fashion Week

HONG KONG SAR - Media OutReach - 10 March 2023 - Global C-pop star and fashion icon Tia Lee Yu Fen (???) turned heads with a mesmerising outfit while attending David Koma’s FW2023 runway show at London Fashion Week. She also attended his after-party as well as a number of other showcases, such as the Moncler Genius event.

Tia Lee with David Koma
To reflect Koma’s penchant for body-contouring pieces, Tia arrived for the show wearing a stunning silver two-piece suit, a black bomber jacket and matching boots from his collection. To add a touch of elegance and flair to her glittering ensemble, she also donned diamond chain earrings by Amina Muaddi and chic sunglasses from Gentle Monster. Tia was seen in the same outfit at the after-party, which in celebration of Koma’s successful FW2023 show. London Fashion Week was the latest chapter in Tia Lee’s rise from C-pop success to global icon. Her latest hit single “Goodbye Princess” was produced by Swizz Beatz, a Grammy award-winning producer who has previously worked with the likes of Jay-Z, Justin Bieber and Madonna. The song pays homage to her previous identity and struggles in show business, and the transformation that she went through to become the star she is today. Tia wants to help other women to break out of their cages, and is dedicated towards promoting her new cause - the #EmpowerHer Campaign. Tia has identified four charitable organisations, include Beats By Girlz and Women in Music in the United States, Daughters Of Tomorrow in Singapore and Teen’s Key in Hong Kong, all of them are committed to helping women, all of which will benefit from her initiative. She has used her song ......read more

Tia Lee Yu Fen dresses to impress as global C-pop star attends Richard Quinn’s London Fashion Week show

HONG KONG SAR - Media OutReach - 10 March 2023 - Fashion icon Tia Lee Yu Fen (???) sported a breath-taking look as the global C-pop star attended Richard Quinn’s showcase of his Spring 2023 collection at London Fashion Week. Tia was seen wearing a teardrop headpiece from Victoria Grant, paired perfectly with Jimmy Choo suede platform sandals and pearl earrings designed by Theo Fennel.

Tia Lee at Richard Quinn’s FW23 runway show
During Quinn’s show, Tia was photographed on the front row sitting beside supermodel Sara Sampaio and TV presenter Ashley Graham. She also attended a number of other fashion showcases, such as Moncler Genius, alongside other top names in the fashion and acting world including Leonardo DiCaprio, Justin Bieber and Naomi Campbell. Her appearance at London Fashion Week comes after Tia Lee achieved record-breaking success with the launch of her comeback single “Goodbye Princess”. She shattered a glass ceiling for video views and revealed the drastic metamorphosis she went through to become a leading advocate for women’s empowerment. After conquering her own past challenges in the entertainment industry, Tia rises from the negativity, stereotypes and bias being placed on her and now able to seek out brighter horizons. She wants to share her journey and serve as a beacon of hope for others wishing to do the same. To this end she launched the #EmpowerHer campaign, focusing on a core message of empowerment for women all over the world. Part of the campaign is a philanthropic initiative alongside four deserving organisations - Beats By Girlz, Women in Music, Daughters Of Tomorrow and Teen’s Key. Through the message of #Empower ......read more

Global C-pop star Tia Lee Yu Fen mingles with fashion icons and A-list celebrities at London Fashion Week

HONG KONG SAR - Media OutReach - 10 March 2023 - Much beloved global C-pop star Tia Lee Yu Fen (???) was seen in the company of fashion industry icons and Hollywood royalty, wearing a number of stunning ensembles during her appearance at London Fashion Week. During the high-profile event, Tia attended the showcases of world-renowned brands such as Moncler Genius, David Koma and Richard Quinn. Joining the biggest names in fashion and the world of acting, including Leonardo DiCaprio, Joan Collins, Naomi Campbell and Sara Sampaio. Other high-profile attendees of London Fashion Week included Justin Bieber, Hailey Bieber, Alicia Keys and Serena Williams.

Grammy-Award winning producer Swizz Beatz with Tia Lee at Moncler Genius
Tia Lee’s appearance at these fashion showcases gave a glimpse of her efforts to turn her platform as a fashion icon and global C-pop star, into a global platform for female empowerment and change. Tia released “Goodbye Princess” single pays homage to the struggles of life, but ultimately showcases Tia’s determination to rise from the negativity, stereotypes and bias being placed on her. Tia changed from being constrained by other people’s expectations, into an independent and powerful woman leading a campaign focusing on positivity and self-love. She is determined to encourage women around the world to follow in her footsteps and become the best versions of themselves. She has also launched the #EmpowerHer campaign to speak up for women, and has put her money where her mouth is, donating to four female-centric charities. Her mission to gain global awareness has even taken over the popular social media app TikTok, where 1 ......read more

Tia Lee Yu Fen, global C-pop star and fashion icon, dazzles at Moncler London Fashion Week Show

HONG KONG SAR - Media OutReach - 10 March 2023 - Tia Lee Yu Fen (???), the globally-renowned C-pop icon, made waves at the Moncler Spring 2023 collection show at London Fashion Week. The music star donned an elegant coat, paired perfectly with a suave pair of sunglasses to show off her confidence and style.

Tia Lee at Moncler Genius FW23 show
The bold and daring outfit was chosen as a nod to her advocacy for women’s empowerment - showcased in the six-episode animation series that preceded the launch of her smash hit new single “Goodbye Princess”. Committed to being the face of this new wave of women’s empowerment, she has also thrown her support behind four charities for women under her #EmpowerHer initiative. The initial charities are Beats By Girlz, Women in Music, Daughters Of Tomorrow and Teen’s Key. Tia’s animation series attained over 100 million views, this created such a buss about “Goodbye Princess” (produced in conjunction with Grammy award-winning producer Swizz Beatz) that it was destined to become a global hit. What made “Goodbye Princess” more unique was that it marked the first time Swizz Beatz had worked on a Chinese song. He had previously focused on collaborations with the world’s most adored artists, such as Justin Bieber, Jay-Z and Madonna. A subsequent remix of “Goodbye Princess” was released by Grammy award-winning female DJ duo NERVO, who have come on board as ambassadors of Tia’s #EmpowerHer campaign. The song racked up a colossal number of views as Tia became the fastest artist to break 100 million hits on YouTube within 20 days with a C-pop song. With her appearance at London Fashion Week, Tia Lee further ......read more

Global C-pop star Tia Lee turns heads with unique dress and cape at London Fashion Week

HONG KONG SAR - Media OutReach - 10 March 2023 - Tia Lee, the global C-pop star and fashion icon stole the spotlight at London Fashion Week in a unique couture dress and cape designed by British fashion maestro Julien Macdonald. Tia arrived wearing the chic ensemble before showcasing it to the world as part of Macdonald's FW23 collection.

Tia Lee in the tailored lace slip dress from Julien Macdonald's FW23 collection
The dress was handcrafted and hand-embroidered with shimmering crystals to go with Tia’s lavish cape, sparkling heels from Gina and Jessica McCormack jewellery. The theme for Tia’s look was chosen deliberately to align with her new #EmpowerHer campaign, promoting female empowerment. Tia is just the latest A-list celebrity to have donned Macdonald’s magical works. As “the King of Glamour” has also designed outfits for Beyonce, Rihanna, Taylor Swift, Kim Kardashian and Jennifer Lopez. The C-pop queen was later spotted at the Moncler Genius event during London Fashion Week, and at other showcases, including David Koma and Richard Quinn. Tia then appeared at the ES & Perfect Magazine fashion bash, rubbing shoulders with actor Leonardo DiCaprio and singers Justin Bieber and Pharrell Williams - recently unveiled as Louis Vuitton’s new menswear creative director. Tia’s evolving style reflects with the metamorphosis she has undergone of late - shedding the image of packaged pop singer, and transforming herself into an independent woman ready to champion the rights, equality and empowerment of other women. Her incredible transformation forms the story of her new single “Goodbye Princess”, which chronicles her ......read more

Zero Fees Return for Bybit’s USDC-Settled Crypto Options

DUBAI, UNITED ARAB EMIRATES - Media OutReach - 10 March 2023 - Bybit, the world's third most visited crypto exchange, today announced zero fees on all its options contracts to celebrate the launch of its Unified Trading Account (UTA). As part of its goal to introduce the crypto community to next-level opportunities, Bybit now presents the most well-rounded and cost-effective crypto options in the market. Users can now use liquid USDT-perpetual products to offset the risks from options trading. Starting on March 10, 2023, at 10AM UTC, VIP and institutional users who have upgraded to Bybit's UTA can participate in the campaign and enjoy fee-free trading. Bybit's blue chip options contracts (BTC, ETH, SOL) will all be included in this promotion. Bybit's UTA is designed to make trading easier by streamlining the experience across asset types with a single account. This allows investors to cross-collateralize between positions, diversify trades, and seamlessly switch between strategies without transferring assets manually. When using UTA, clients will be able to leverage UTA's upgraded portfolio margin by using USDT derivatives for added hedging capability, allowing them to mitigate risk when trading USDC options. This breakthrough will empower traders holding hedging USDC options and USDT perpetual positions to enjoy higher flexibility and more opportunities. VIP and institutional clients will automatically enjoy zero fees for all options trades once they have upgraded to UTA. They will also be able to trade without fees for the campaign's duration. "We strive to provide our customers with more value and create better trading experiences," said Hao Yang, head of options at Bybit. "Traversing the crypto space can be painstaking and time-consuming, and every second counts in a market that doesn't sleep. At Bybit, we are dedicated to creating next-level products with the most competitive fees we can offer, and creating a transparent, inclusive platform that ......read more

Bybit Takes VIP Program to the Next Level With Major Upgrades and Improvements

DUBAI, UNITED ARAB EMIRATES - Media OutReach - 10 March 2023 - Bybit, the world's third most visited crypto exchange, has revamped its VIP program to thank its loyal community for its continued support. The new program introduces expanded tiers and reduced requirements to help traders take greater advantage of the next level opportunities offered by Bybit's powerful platform. The new VIP program will expand the number of VIP tiers from three to five with a new "supreme VIP" tier. The trading volume requirement has also been adjusted across the tiers to make it easier for traders to reach higher levels and is significantly less than Binance and some other leading exchanges. The asset balance to access Bybit's VIP tiers two and three has been halved to $250K and $500K, respectively. And trading volume across spot and derivatives markets will be aggregated and taken into account when assigning access. In the new system, maker and taker fees for derivatives can be as low as 0.00% and 0.03% creating more room for traders to benefit from Bybit's next level products and institutional services. VIPs can also unlock bonus benefits such as their own account managers and private events and gifts. Experienced traders will be able to switch to Bybit's VIP program immediately using trading volume from other exchanges, without the need to build up their trading volume from scratch. Furthermore, VIPs from other exchanges will receive a higher level than before. For example, if their derivatives trading volume on another exchange was $70,000,000 (equivalent to Bybit VIP 3), they'll get bumped up to VIP 4 on Bybit. Non-VIPs can still enjoy amazing perks through Bybit's exclusive offers — like the 14-day free trial card and a special welcome gift when you deposit more than $50K. Bybit devised the new program as part of its "listen, care, improve" philosophy after listening carefully to feedback from its community members and reflecting on how to best help them succeed. By ......read more

CUHK Business School Celebrates Its 60-year Legacy of Forging the City’s Largest Business School Alumni Network

CUHK Business School celebrates 60 years of founding as the first business school in AsiaHONG KONG SAR - Media OutReach - 10 March 2023 - The Chinese University of Hong Kong (CUHK) Business School held a reception event on Thursday 9 March 2023, kicking off its 60th anniversary campaign to celebrate the impact it created in business education, forging the largest network of business school alumni in the city over the past six decades.

(From left) Mr Eric Ng, Vice-President (Administration) and University Secretary of CUHK, Dr Norman Chan, Honourary Professor of CUHK, Professor Ambrose King, Former Vice-Chancellor of CUHK, Mr Chris Sun, Secretary for Labour and Welfare, Professor John Chai Yat-chiu, Chairman of CUHK Council, Mr Paul Chan Mo-po, Financial Secretary, Professor Alan Chan, Provost of CUHK, Professor Zhou Lin, Dean of CUHK Business School, Professor Lee Kam-hon, Emeritus Professor and Former Dean of CUHK Business School and Mr Joseph Man Kwok-kei, Graduate from the 1st Cohort of CUHK MBA Programme, officiated at the CUHK Business School 60th Anniversary Reception.
The event was attended by close to 200 distinguished guests, including CUHK management and advisers, as well as top-notch leaders from the private, public and social sectors, 80% of whom are ardent alumni from the School. It was a testament to its staunch alumni network, which comprises over 40,000 members in 49 locations. The mesmerising trio performance of harmonica and piano symbolises the inception of CUHK Business School in 1963, as a federation of three foundation colleges – Chung Chi College, New Asia College and United College – and became the first to trailblaze a full suite o ......read more

Southco introduces New Ejectors for E1.S Solid State Drives

HONG KONG SAR - Media OutReach - 10 March 2023 - Southco Asia Ltd., a subsidiary of Southco Inc., a leading global provider of engineered access solutions such as locks, latches, captive fasteners, electronic access solutions and hinges/ positioning technology has expanded its line of inject/eject mechanisms with a new line to fit the E1.S form factor. Southco's new P7 ejector is specifically designed to assist in the insertion and extraction of E1.S drives. This ensures optimum performance, ergonomics, and aesthetics.

P7 E1.S Ejector
Southco's new ejectors have undergone rigorous testing through Intel's Donahue Pass testing platform. This testing platform evaluates performance in EMI/ESD, Thermal, and LED in addition to other criteria. Southco's new P7 ejectors for E1.S are designed in three sizes for 9.5, 15, and 25mm wide drives. The ejector features a die-cast zinc lever that is retained by a nylon button. The button is available in three standard colors and can be color matched to the customer's design criteria. Southco Product Manager Ike Teng adds, "We have developed this new ejector to meet the needs of this new and increasingly popular form factor. We have worked closely with Intel to ensure that we maximize the design potential of the ejector. Our parts are 100% compliant with E1.S form factor defined by SNIA." For more information about the functionality of P7 Ejectors, please visit southco.com or email the 24/7 customer service department at info@southco.com Hashtag: #southco #ejector #industrialhardware #server #enclosureThe issuer is solely responsible for the content of this announcement.Southco Asia LimitedSouth ......read more

SPTel launches Singapore’s first Sensor Network powered by LoRaWAN Gateways that run on solar energy to scale Smart Nation Vision

SINGAPORE - Media OutReach - 10 March 2023 - SPTel, a joint venture company of ST Engineering and SP Group, today announced the launch of Singapore's first sensor network powered by LoRaWAN. Leveraging SPTel's pervasive hubs in Singapore, SPTel's Sensor Network is a first-of-its-kind network built for national scale starting with the heartlands to increase the accessibility of IoT technologies and sensors for business applications, government projects and Smart Nation initiatives. The SPTel Sensor Network allows authenticated sensor devices to wirelessly connect to its secure IoT-as-a-service platform and backhaul connectivity. Instead of investing to build their own network, businesses and IoT solution providers can now connect to this network with ease, speed and cost efficiency, which was not possible previously. Data collected from LoRaWAN sensors can be sent for analysis to automate manual processes, enable predictive maintenance, increase productivity, and improve overall operational efficiency. The LoRaWAN gateways, which run on solar energy, are also cost-efficient and fast to deploy. LoRaWAN is a long-range, bidirectional communication protocol with very low power consumption. This makes it a highly sustainable solution for the long-term deployment of sensors and a boost to scale massive deployment of potential smart solutions quickly such as asset tracking, street lighting, waste management, water level and flood management, air quality control and rodent monitoring system in hawker centres and wet markets which enable targeted and effective pest control. These are but some of the use cases which will herald not only a new era of business management efficiency in environment and building management, but also improve citizens' lives in the areas of public health and services. SPTel's Sensor Network coverage currently extends to more than 70% of heartlands, 42% hawker centres, 52% town councils, and will continue to expand to meet the growing needs of p ......read more

BNM decision to affect Malaysian ringgit’s fate this week

KUALA LUMPUR, MALAYSIA - Media OutReach - 9 March 2023 - Over the past year, Malaysian ringgit (MYR) has been one of the most resilient currencies among the major 10 Asia currencies that we track. As the Federal Reserve (Fed) started to tighten monetary policy in March last year to rein in inflation, so risk-sensitive currencies began to decline. However, MYR only lost 6.5% over the past 12 months, outperforming even the global majors, such as the Japanese yen and the Australian dollar, which devalued by 15% and 7.7% respectively (see the chart below).

Source: OctaFX calculations based on open-source information
However, things started to turn sour in February. Over the past month, MYR has been the worst-performing currency among the 10 major Asian currencies that we track (see the chart below). Indeed, MYR has risen above all key moving averages and closed at 4.4730 against the U.S. dollar (USD) on Friday, setting a new three-month high. Meanwhile, the ringgit also traded mostly lower against its Asian counterparts. It eased versus the Singapore dollar (SGD) to 3.3255/3269 from 3.3210/3252 set on Thursday, fell against the Thai baht (THB) to 12.8998/9105 from 12.8583/8789 previously, and depreciated vis-a-vis the Philippine peso (PHP) to 8.16/8.17 from 8.13/8.14.
Source: OctaFX calculations based on open-source information
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Xapo Bank Becomes the First Bank to Offer Near-Instant Bitcoin Payments On the Lightning Network Powered by Lightspark

Xapo Bank is the first fully licensed bank in the world to integrate Lightning Network.BANGKOK, THAILAND - Media OutReach - 9 March 2023 - Xapo Bank, a leading Bitcoin custodian and licensed private bank, has partnered with Lightspark and integrated with the Lightning Network to enable lightning-fast Bitcoin payments for its customers. Xapo Bank members can now instantly pay for small purchases of up to $100 USD at any vendor which accepts Lightning payments without suffering high transaction fees and long blockchain confirmation waiting times.

The Lightning Network enables scalable payments at millions of transactions per second across the network. This integration will reduce the time-consuming and costly experiences that often plague users who pay for small transactions in Bitcoin. Xapo Bank will be the first fully licensed private bank to offer near-instant Bitcoin payments, and its goal is to be the largest Lightning node, expanding the network's use across a host of new users. Seamus Rocca, CEO of Xapo Bank, said: "The average transaction confirmation time of one hour combined with potentially large fees during periods of high usage make the Bitcoin network unsuitable for small daily payments such as groceries. By integrating with the hyper-efficient Lightning Network, we are the first bank in the world to streamline this process and allow our members to pay for small purchases with Bitcoin without having to convert to USD first. "Against a backdrop of hyperinflation, economic uncertainty and political turmoil, we are entering a world where digital money is ubiquitous, and we need integrations like this that open up access to Bitcoin payments. We ......read more

Array Go Has Launched: ArrayFi’s Answer to AI in Blockchain

VICTORIA, MAHE, SEYCHELLES - Media OutReach - 9 March 2023 - Array Go, the fully automated algorithmic intelligence, has launched and geared up for the next stage of digital evolution. It is poised to become the talking point for many avid investors during the next bullish market and long after. Daniel Kahneman and Prof. Amos Tversky proposed a well-known behavioral economic theory, which states that individuals have different risk attitudes and psychological tolerances based on different reference points. The Array protocol is designed based on this theory. If Web2 industries feel AI's power, imagine how Web3 pioneers are doing. Array Go is an AI-powered algorithm with all the benefits of the bounding curve, such as stability and risk mitigation. It is a full AI that is not under the control of any human or institution. Array Go drives itself based on 100% market action. In order to ensure the value of the token remains stable and predictable for investors and traders indefinitely, a traditional bonding curve is implemented manually to a smart contract that governs the issuance and trading of $ARA. Array Go can: Learn from the historical market data. Observe the up-to-date market behaviors. Predict the future market trends. The key function of Array Go is to reduce the risks associated with this technology. As market trends rise, the AI system will feed more $ARA to the market (minting) in order to balance supply and demand - or remove $ARA (burn) based on the same principle. This reduces the risk of greater price fluctuations. About $ARA and $USDR. The gold standard operates on a 4:1 relationship, allowing $ARA holders to mint $USDR tokens on the chain themselves. Users can also stake $ARA to obtain $USDR tokens, which serve as the only circulation medium for the DEGA(Decentralized Gaming Alliance) application platform. Array is focused on building a software of the future, a bridge to a refined platform with endle ......read more

Impro (1286.HK) 2022 Annual Revenue Up 15.3% YoY to HK$4,354.7 million

Adjusted Profit Attributable to Shareholders of the Company Surges 53.7% to HK$649.1 Million Full-Year Dividend of HK 16.0 cents Per Share, Up 58.4% YoY * * * * * Executes "Global Footprint", "Diversified End-Market" and "Twin Growth Engine" Strategies Achieves Satisfactory Results with Strong Resilience HONG KONG SAR - Media OutReach - 9 March 2023 - Impro Precision Industries Limited ("Impro " or the "Group") (Stock Code: 1286), a world-leading manufacturer of high-precision, high-complexity, and mission-critical components, today announced its annual results for the year ended 31 December 2022. In 2022, the Group vigorously developed and recorded stable revenue growth in the aerospace, medical, energy, and diversified industrial end markets. The Group's revenue for the year amounted to HK$4,354.7 million, representing an increase of 15.3% compared with last year. Profit attributable to shareholders of the Company was HK$582.0 million, an increase of 52.0% over 2021. Adjusted profit attributable to shareholders of the Company amounted to HK$649.1 million, a year-on-year increase of 53.7%, and adjusted basic earnings per share were 34.5 HK cents. In lieu of the distribution of the final dividend, the Group resolved to declare a second 2022 interim dividend of 8.0 HK cents per share. Together with the first 2022 interim dividend of 8.0 HK cents per share already paid, the dividend for the year amounted to 16.0 HK cents per share, representing an increase of 58.4% when compared with 10.1 HK cents per share last year. During the year, revenue from the aerospace, medical, and energy end markets increased significantly by 53.6% to HK$515.8 million. The increase was mainly attributable to the recovery of the aerospace market following the lifting of quarantine restrictions for international visitors entering certain countries in Europe, the US, and Asia, as well as the Group's efforts to jointly develop a large number of new SKUs with its c ......read more

Colgate and foodpanda join forces to unlock q-commerce accessibility for customers in Asia

Colgate and foodpanda have started a collaboration to expand customers’ access to Colgate products in more than 400 cities across 11 markets within Asia Pacific SINGAPORE - Media OutReach - 9 March 2023 - Global home and personal care brand company Colgate-Palmolive ("Colgate") today is bolstering its Asia Pacific (APAC) digital strategy and giving consumers across the region even greater access to its range of products with a three-year partnership with Asia's largest delivery player[1], foodpanda. By leveraging foodpanda's established quick commerce (q-commerce) capabilities, the worldwide leader in oral care aims to drive its leadership within the health and wellness space forward.

foodpanda staff at pandamart selecting items ordered by customers for delivery. Image attributable to foodpanda The partnership follows prior successful collaborations which have shown a strong demand of Colgate's core range of oral, personal and home care products on foodpanda via pandamart including the key markets of Singapore, Malaysia and Hong Kong, amongst others. Expanding on-demand Colgate deliveries with foodpanda Consumers are able to easily purchase a wide range of Colgate products on-demand and have them delivered within an hour anytime of the day through foodpanda, Asia's largest q commerce player. Popular products purchased on the platform includes Colgate's core range of products such as Colgate Toothpaste and Mouthwash, as well as products from personal care and home care brands like Palmolive, Ajax, Glo and Softlan. In 2023, the partnership will focus on piloting commercial, marketing and advertising initiatives based on a core range of pr ......read more

Epicor Drives Significant Cloud Adoption Across Asia

Key Investments and Customer Successes Underpin Growth in the RegionHONG KONG SAR - Media OutReach - 9 March 2023 - Epicor, a global leader of industry-specific enterprise software to promote business growth, today discussed significant momentum in customer cloud adoption in Asia for 2022 at the company's 2023 Asia ReConnect Customer Day held in Kuala Lumpur, Malaysia. Cloud adoption by Epicor customers across the region increased by more than 190 percent year-over-year in 2022, with businesses migrating or choosing to implement Epicor Kinetic in the cloud – a purpose-built, flexible, and scalable platform that helps manufacturers better compete and grow their businesses. "Epicor customers in Asia prioritised cloud last year to take advantage of the security, flexibility and scalability that cloud delivers," said Vincent Tang, Epicor Regional Vice President, Asia. "We're also expanding in the region and making investments across markets including China, Indonesia, the Philippines, and Vietnam to help our customers modernise and future-proof their solutions, whilst benefitting from deep industry expertise and a company that understands its customers' challenges." The customer day was also an opportunity to celebrate and award standout customers who have leveraged Epicor solutions to transform their businesses and bring about positive, innovative, and impactful outcomes. The winners of the awards included: Journey to the Cloud Excellence Award: Mobility Werk Advantech was recognized for taking the journey to the cloud to better automate processes and stay current with the latest technology to meet their smart factory objectives. With Epicor Kinetic in the cloud, they can more easily share data and connect with their customers and suppliers. Business Transformation Excellence Award: Custom Molded Products transformed their business operations by implementing Epicor Kinetic and Epicor Advanced MES – which has supported their business in driving multiple ope ......read more

Oscars 2023: raising the curtain on the recovery and risks in the entertainment industry

Allianz Global Corporate & Specialty (AGCS) has insured five of the 10 movies nominated in the Oscars' Best Picture category this year The recovery of the entertainment sector is well underway after the pandemic, but it is not immune to the current challenging economic environment Health and safety protocols, crowd safety, more extreme weather and technology risks are key industry concerns while ESG has a growing influence. SINGAPORE - Media OutReach - 9 March 2023 - With the Oscars taking place on March 12, all eyes are on the global entertainment industry. The glamour, revenues and audiences may all be returning post-pandemic, but the movie and live events business has yet to fully recover from the Covid crisis and is having to constantly evolve in a new environment driven by economic, technology and sustainability risk trends, according to insurer Allianz Global Corporate & Specialty (AGCS)' new outlook for the sector. AGCS is a major player in the global entertainment insurance market and has insured five of the 10 movies nominated in the Oscars' Best Picture category in 2023, continuing a long tradition of partnership with the film industry that goes back as far as the movies of Charlie Chaplin 100 years ago. "The entertainment industry had a very positive year in 2022 and a welcome recovery is definitely underway, but we are not out of the woods yet," says Michael Furtschegger, Global Head of Entertainment at AGCS. "In the three years since the coronavirus first hit the headlines, the world has changed. The sector must continue to evolve in line with new technologies, proliferating platforms, and seismic shifts in patterns of consumption, as well as changes in the public mood, particularly among younger generations." Despite the headwinds, consumers are heading back to their favorite entertainment venues or platforms in encouraging numbers. Global box office receipts hit $25.9bn in 2022, reports Gower Street A ......read more

Top PH FinTech GCash banners financial inclusion story at Mobile World Congress

MANILA, PHILIPPINES - Media OutReach - 9 March 2023 - GCash president and CEO Martha Sazon bannered the top Philippine e-wallet's financial inclusion story at a keynote speech for the Mobile World Congress (MWC) in Barcelona.

Before a global audience of industry leaders, Sazon highlighted that, "GCash is now a National Champion that helps transform a nation, and gives hope to many Filipinos. Powered by game-changing innovation, and driven by a burning platform." The leading e-wallet and financial services app in the Philippines has been aggressively launching innovations aimed at making its vision of Finance for All a reality. "GCash is an everyday super app: for payments and transfers; fair lending for all; affordable investments; accessible insurance; empowering a green and digital lifestyle– all of these are anchored on customer's needs, with them as our north star for all our innovations," said Sazon. She shared how the e-wallet has become ubiquitous in the Philippines with over 76 million registered users, evolving into a verb for many, "'i-GCash mo na yan!' translating to 'Just pay with GCash!'". GCash is the first and only duacorn in the Philippines and, "one of the very few financially sustainable fintechs in the world." Likewise, the platform's net promoter score (NPS), a gauge measuring customer experience and predicts business growth has been best in class at 83.9%, surpassing globally loved brands. Sazon culminated the session following separate presentations from Tjodolf Sommestad, president of Candy Crush mobile game developer King and Lauren Kunze, CEO of conversational AI developer Iconiq. GCash, along with its parent the Globe Gro ......read more

abrdn Islamic World Equity Fund marks its 10-year anniversary

Shariah-compliant fund offers diversity, sustained growth and stability to face dynamic market conditionsKUALA LUMPUR, MALAYSIA - Media OutReach - 9 March 2023 - abrdn today marked the 10th anniversary of abrdn Islamic World Equity Fund. The fund is well diversified across multiple sectors and countries, providing investors with a combination of growth and stability in sectors such as IT, communications, consumer discretionary and health care. Gerald Ambrose, CEO for abrdn Islamic Malaysia Sdn Bhd, said: "Amid increasing geopolitical tension and economic uncertainty, we believe that it is important to invest in a globally diversified portfolio which can ride market volatility and capture growth potential. With compound growth of 7.2% per annum over the past 10 years, abrdn Islamic World Equity Fund has delivered sustained growth for Malaysian investors and allowed them to achieve long-term savings goals. I am confident that our award-winning team will continue to bring value for investors through all conditions for many decades more." Launched in February 2013, the Malaysia-domiciled global Islamic fund seeks to achieve long-term capital appreciation through investments in Shariah-compliant equities and equity-related securities. The MYR 577 million strategy[1] has dedicated resources in place including a Shariah compliance officer, plus Shariah screening and monitoring by an independent Shariah Adviser. Shariah-compliant companies typically have less debt compared with conventional firms, and companies that have less debt, particularly during downturns, can focus on their businesses with fewer concerns about their cash flows, hence are better positioned to offer steady growth for investors. abrdn's bottom-up stock-picking approach allows the fund to invest in high quality companies that produce less volatile earnings streams, have greater margins of safety and can better navigate an uncertain future. This is achieved by drawing on the Group's expertise of a ......read more

Okta Appoints Clarence Cheah as Head of Growth Strategies, APJ

SINGAPORE - Media OutReach - 9 March 2023 - Okta, the leading independent identity provider, today announced that it has appointed IT and security industry veteran Clarence Cheah as Head of Growth Strategies for Asia-Pacific and Japan (APJ). Cheah will oversee Okta's strategic growth initiatives and drive regional business development and expansion.

Clarence Cheah, Head of Growth Strategies, Asia Pacific & Japan, Okta
Cheah was pivotal to the successful business launch and market expansion in Japan. He has over two decades of experience in the technology industry, leading sales and engineering teams and executing sales strategies to foster business growth. He was most recently Identity Lead, Asia Pacific and Japan for Okta and has also held senior sales leadership and consulting positions at global IT firms, including Oracle, IBM, and Novell. Ben Goodman, Okta's Senior Vice President and General Manager for Asia Pacific, said: "Demonstrating strong business acumen and leadership skills, Cheah has been pivotal to Okta's expansion in APJ over the years. His deep understanding of the industry, technology, and customers' identity needs puts him in a prime position to help launch Okta on its next phase of hyper-growth." "In today's fast-evolving digital environment, the need for innovative, robust, and dependable identity solutions has never been greater," said Cheah. "I am proud to be at the forefront of Okta's efforts to help customers turn their identity investments into a business asset that can truly deliver impact to their bottom lines." Hashtag: #OktaThe issuer is solely responsible for the content of this announcement.About OktaOkt ......read more

With the launch of a low transaction threshold virtual asset dealing service starting from March 2023, Victory Securities is making virtual asset investment easier for investors

HONG KONG SAR - Media OutReach - 9 March 2023 - Victory Securities (Stock Code: 8540.HK) recently announced the launch of virtual asset dealing services starting in March 2023, making it the latest player in this field. To facilitate investors' entry into virtual asset dealing, Victory Securities has set a low entry investment amount of US$100 and is offering at most up to 50% commission fee reduction during the promotional period. Apart from offering virtual asset dealing services, Victory Securities can also provide professional investors with virtual asset private fund subscription services, while retail clients can purchase virtual asset exchange traded funds (EFTs) to allocate virtual asset to their investment portfolios. A dedicated virtual asset dealing hotline + 852 2175 0998 has also been established by Victory Securities, which is available to investors for 20 hours per day during bank working hours (09:00am - 05:00am). Victory Securities' research team has consistently affirmed the value of virtual asset in the future. In addition to strengthening investor education with the " HONG KONG'S FIRST VIRTUAL ASSET RESEARCH CONFERENCE " held in January 2023, Victory Fintech Company Limited ("VFCL"), an associate of Victory Securities, has submitted a license application to the Hong Kong Securities and Futures Commission for Type 1 (dealing in securities) and Type 7 (providing automated trading services) regulated activities. This will further strengthen Victory Securities' virtual asset business scopes. Executive Director of Victory Securities, Kennix Chan, believes that Victory Fintech Company Limited 's operation of a virtual asset trading platform, given with the regulatory approval in the coming future, will enhance the range of services to be provided to investors and bring synergies to the group's various business lines, as well as build up new clients and market. Rooted in Hong Kong for over 50 years, Victory Securities (stock code: 8540. HK) offer ......read more

Cyber-Threat Detections Hit a Record-Breaking 146 billion in 2022

Trend Micro annual roundup report warns of exponentially expanding attack surfaceHONG KONG SAR - Media OutReach - 9 March 2023 - Trend Micro (TYO: 4704; TSE: 4704), a global cybersecurity leader, today announced a massive 55% increase in overall threat detections in 2022 and a 242% surge in blocked malicious files, as threat actors indiscriminately targeted consumers and organizations across all sectors. To read a full copy of the report, Rethinking Tactics: 2022 Annual Cybersecurity Report, please visit: https://www.trendmicro.com/vinfo/hk/security/research-and-analysis/threat-reports/roundup/rethinking-tactics-annual-cybersecurity-roundup-2022 Jon Clay, VP of threat intelligence at Trend Micro: "The unrivaled breadth of Trend Micro threat intelligence* reveals 2022 as a year when threat actors went 'all-in' to boost profits. A surge in backdoor detections is particularly concerning in showing us their success in making landfall inside networks. To manage risk effectively across a rapidly expanding attack surface, stretched security teams need a more streamlined, platform-based approach." The roundup report reveals several interesting trends for 2022 and beyond: The top three MITRE ATT&CK techniques show us that threat actors are gaining initial access through remote services, then expanding their footprint within the environment through credential dumping to utilize valid accounts. An 86% increase in backdoor malware detections reveals threat actors trying to maintain their presence inside networks for a future attack. These backdoors primarily targeted web server platform vulnerabilities. A record number of Zero Day Initiative (ZDI) advisories (1,706) for the third year in a row is the result of a rapidly expanding corporate attack surface and researcher investment in automated analysis tools, which are finding more bugs. The number of critical vulnerabilities doubled in 2022. Two out of the top three CVEs reported in 2022 were related to Log ......read more