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  • Seoul Announces Plan to Transform into a "Global Open Platform City"
    - Declared in front of 4,000 people with the slogan, "From Seoul to the World, Making Seoul a Center of Global Start-Up Entrepreneurism" - The 1st test bed company to expand overseas and three more companies to enter the Chinese market SEOUL, South Korea, Oct. 16, 2019 /PRNewswire/ -- Seoul Metropolitan City announced the plan to transform itself into a 'Global Open Platform City' during "Start-Up Seoul: Tech-Rise 2019", an event held at the Dongdaemun Design Plaza (DDP) on October 4-6th. This declaration is about various support plans for fostering global start-ups. Mayor of Seoul Metropolitan City, Park, Wonsoon is delivering a speech at "Start-Up Seoul: Tech-Rise 2019" "Start-Up Seoul: Tech-Rise 2019" is the first global start-up event hosted by Seoul Metropolitan City. The three-day event was a big success with about 300 start-up companies and organizations from about 20 countries participating and a total of 4000 visitors. During this event, a start-up company Toy's Myth Co., Ltd. signed an agreement to export TARS (Transport Analytics & Report Solution), its congestion solution that's been used on Seoul's subway line 5, to the Mass Rapid Transit Authority of Thailand. The agreement marks Toy's Myth as Seoul's first test bed company to expand extend its business overseas. Toy's Myth builds its subway congestion and environmental analysis system based on IoT sensors and big data. For soft-landing in Thailand, Toy's Myth has signed an MOU with Computer Union and a distribution partner agreement with WinWon. Toy's Myth will be supplying its analysis system to organizations and companies of Thailand through cooperation with consortium among these three companies. "We have performed inspection on Seoul subways, and we are positive that it will be useful in allocation of public transportation and hourly user analysis" said Waring Laoponghan, CEO of WinWon. Earlier this year, Seoul Metropolitan City declared itself as "Test bed Seoul" in May. Currently, Seoul is opening up its public infrastructure such as subway, road, bridges, municipal hospital and underground shopping center as a "test bed" to test the performance and effectiveness of prototypes and services created with innovative technologies including blockchain, fintech, and AI and verify their business viability. "Thanks to the opening of public infrastructure as a test bed for new technology, which was vital in our success, we were able to investigate our technology by installing IoT sensors in Seoul subway line 5," said Seo, Hyeongjun, CEO of Toy's Myth Co., Ltd. Seoul is undertaking various activities to make Seoul the city of opportunity for innovative start-up companies under the keynote of "Global Open Platform Startup City". For example, the city hosted a competitive exhibition for start-up companies in manufacturing industry in cooperation with the Chinese hardware accelerator iMakerbase. Three companies, Seojin FNI, Sijung and Replay were selected as the winner of this competition. The three companies will be given the opportunity to secure outlets to sell their products directly in China, as well as to mass produce them in China. "Start-Up Seoul: Tech-Rise 2019" also featured talks and discourses from authorities on start-ups from Silicon Valley and Singapore. J.F. Gauthier, founder of Startup Genome, a Silicon Valley-based global startup ecosystem research organization and Chris Yeo, head of Grab Ventures, Grab's venture capital, known as Asia's "Uber" attended the event. Also visited the event was the founder and curator of "Museum of Failure", Samuel West, ph. D. A special exhibition was held at Seoul Startup Hub, a start-up incubator under the city of Seoul, showcasing 12 works that collected several global cases that evolved from failure, selected from the "Museum of Failure". In recent years the foreign start-up investment institutions at Seoul Startup Hub have increased from 2 companies to 12 companies, also increased from 2 countries to 9 countries. The city of Seoul will dramatically improve the startup conditions for foreigners. For example, Seoul will cooperate with the Ministry of Justice in establishing fast-track visas for start-ups as part of the "Global Open Platform Start-up City" plan. Furthermore, Seoul plans to focus on housing support projects by 2022 to ensure that global entrepreneurs don't have difficulties in settling in Korea. "The city will expand 1,000 spaces for technology start-up companies by 2022 as a platform to cooperate and share startup resources and information," announced Mayor Park, Wonsoon. "to foster core industrial clusters to establish governance to share resources and information." "The city will also focus on building a Seoul start-up platform that connects various public and private infrastructures and services, including start-up programs, investments, and sharing resources." he added. "We will ensure that citizens and global players receive systematically interconnected support". View original content to download multimedia:http://www.prnewswire.com/news-releases/seoul-announces-plan-to-transform-into-a-global-open-platform-city-300938260.html
  • Establishment of Institute of Vietnamese Costumes Introduces Traditional Dress "Sac Lemur"
    HO CHI MINH CITY, Vietnam, Oct. 15, 2019 /PRNewswire/ -- Ho Chi Minh City Museum, Institute of Vietnamese Costumes was officially launched yesterday with the participants of many cultural researchers, lecturers, businessmen, and artists. The launch of institute desires to contribute in the areas of dress culture by activities such as: compiling, translating, collecting specialized documents on costumes of Vietnamese Kinh people and ethnic minorities. Institute of Vietnamese Costumes (IoVC) will base on traditional costumes through historical periods to restore and creatively develop innovative costumes which are suitable for contemporary life. With that meaning, on the launching day, the event recreates a screen in a period of great historical transformation in all aspects: politics, society, language, literature, newspaper and art etc. From 1930 to 1945, in the context of society changing, there is a great political progress which ended a traumatic colonial past. During that time, Phong Hoa and Ngay Nay newspapers are the two leading publishers in the battle between "The old" and "The new", when Vietnamese Ao Dai stood in the boundary between feudalism and imported Western civilization, it has witnessed and received multi-dimensional debates from publicity. "Sac Lemur" had marked an important milestone in the modern innovations of Vietnamese Ao Dai which pioneered by artist Nguyen Cat Tuong, and it has created a trend which including the Western bold details into Vietnamese Ao Dai. "Sac Lemur" Traditional Dress Show Accidentally or intentionally, "Lemur" in French means a wall. If understood in the first meaning, "Lemur" is the pseudonym of the artist. But on the wider and deeper meaning, "Lemur" reflects the inferiority position of women at the time. It is the Lemur Ao Dai models that set a golden milestone, where women are able to live in modern civilization and have the right to express themselves through their choice of costumes, makeup etc. The Lemur Ao Dai has now become a symbol of Vietnamese identity and Le Pho - a close friend of Artist Nguyen Cat Tuong has painted the image of women in Lemur Ao Dai in many valuable international artworks. On this occasion, the designer Si Hoang and the best tailors have re-formed Lemur Ao Dai to publicity. Following a half day seminar on costumes of the Khmer, Hoa, Cham and Kinh people, the launching event once again re-affirms the importance of the knowledge base. For more information, please contact: Si Hoang designer Phone: +84-934-863-999 Email: sihoang@vientrangphucviet.com Photo - https://photos.prnasia.com/prnh/20191015/2611185-1?lang=0
  • SKYWORTH unveils UB7500 UHD 4K AI TV with Infinity Screen in Southeast Asia
    SHENZHEN, China, Oct. 15, 2019 /PRNewswire/ -- SKYWORTH has unveiled the UB7500, a premium class 4K AI TV with Infinity Screen. The UB7500 runs on the latest Android 9.0 OS, enabling users to connect the TV with multiple applications such as the camera, microphone, soundbar, gamepad, etc., as well as allowing users to customize the TV's advanced visual and audio technologies through its smart platform. SKYWORTH UB7500 The "Smart Living" experience powered by AIoT As a pioneer in the development of AIoT, SKYWORTH transformed the UB7500 into a control hub, allowing for effortless connection and control of all smart devices linked to the same AIoT ecosystem. The UB7500 serves as a futuristic personal assistant that helps consumers fully embrace the convenience of "Smart Living". Exceptional visual quality of an unparalleled 4K HDR picture With Dolby Vision and Pure HDR™ technology, the UB7500 delivers unmatched visual quality that stands out from other 4K TVs. Its powerful processor enables the UB75000 to be durable, while the Trochilus Extreme™ (SKYWORTH's PQ Engine) combines dynamic contrast with true color restoration, super high resolution and skin color adjustment to deliver extraordinarily dynamic visual quality. The artistic and futuristic "Infinity Screen" design The UB7500 Infinity Screen features an ultra-slim bezel, with only a 1mm gap that reveals a broader perspective. It is designed to be flexible for an enhanced viewing experience in any home environment. SKYWORTH installs the screens with extremely accurate methods, making sure the UB7500's frame is delicate, elegant and thin, ensuring that the stunning visuals are delivered interference-free. An elevated sports viewing experience In light of the growing demand for high-quality AI TVs in Southeast Asia, SKYWORTH has launched the UB7500 in the Philippines in celebration of SKYWORTH's sponsorship of the Southeast Asia Games, 2019. With rich entertainment functionalities, the UB7500 allows users to conveniently utilize the built-in Google Assistant to check information such as player profiles and match results in real-time, as well as download and enjoy various sports games via Google Play, bringing the sports viewing experience to the next level. Availability and launch plan in Southeast Asia SKYWORTH UB7500 comes in 43", 50", 55" and 65" models. The UB7500 will soon be launched in Indonesia, Vietnam, Malaysia and Thailand - below are the launching timelines for each market. Indonesia - September 2019 Vietnam - October 2019 Malaysia - November 2019Thailand - November 2019 For more information: http://seagames.skyworthoverseas.com/ About SKYWORTH SKYWORTH GROUP (HKG: 00751) is a leading supplier of uniquely advanced and affordable technology solutions. It is valued in excess of US$ 19 billion and employs over 40,000 people worldwide (as of 1 March 2019). Headquartered in Shenzhen, China's "Silicon Valley", SKYWORTH offers consumer electronics, display devices, digital set-top boxes, security monitors, network communication, semi-conductors, refrigerators, washing machines, cell phones and LED lighting. Founded in 1988, it is now one of the Top Five Color TV brands in the world and a top brand in the Chinese display industry market. It is also a Top Three global provider of the Android TV platform. Photo - https://photos.prnasia.com/prnh/20191015/2611181-1?lang=0 Media Contact SKYWORTH BCW for SKYWORTH Lydia Xie Belyndia Wang Phone: +86 185 2036 0310 Phone: +852 2963 6787 Email: xielidi@skyworth.com Email: skyworth@bcw-global.com  Related Links :http://seagames.skyworthoverseas.com/
  • TMP Worldwide Acquires UK-Based Social Media Leader Carve
    SINGAPORE, Oct. 15, 2019 /PRNewswire/ -- TMP Worldwide, a global leader in talent acquisition technologies, is announcing its fourth acquisition this year with the addition of Carve. Carve, a London social media firm, has a rich heritage of framing global social strategies that distinctly position its clients as leaders in the marketplace. The company is known for its ability to deliver forward-thinking social excellence for a range of high-profile clients. Carve's product suite includes a social analytics dashboard to help clients identify trends, support decisions and drive ROI, as well as a program to equip client leadership with the tools, understanding and confidence to create meaningful relationships on social. Carve's solutions complement TMP's TalentBrew recruitment marketing platform, which predicts, personalizes and influences the candidate experience to help companies build and retain the right talent. "Carve's social capabilities enhance our existing technology and support our vision of comprehensive talent acquisition solutions that utilize extensive data sets to solve business problems," said Michelle Abbey, President and CEO of TMP Worldwide. "This acquisition bolsters our ability to design and deploy sophisticated social strategies, leveraging Carve's proven solutions to equip clients with a substantial competitive advantage in today's war for talent. Carve's live social dashboard delivers real-time monitoring and metrics, providing continuous ability to fine-tune campaign effectiveness. It's an end-to-end solution in the pursuit of client success." Paul Harrison, CEO of Carve added, "The acquisition will allow Carve to take advantage of TMP Worldwide's global network and local market expertise across North America, South America, Asia and Europe, providing scale and reach as we expand our mission of helping world-leading organizations use social to build meaningful relationships with candidates, customers, influencers and industry stakeholders." The company will continue to operate as Carve and be led by its current Chief Executive, Paul Harrison, with Darren Harris joining Carve as Managing Director. TMP Worldwide is a portfolio company of Gemspring Capital, a Westport, Connecticut-based private equity firm. About TMP Worldwide TMP Worldwide is a global leader in talent acquisition technologies, committed to finding new ways to leverage software, strategy and creative to build talent and enhance our clients' employer brands – across every connection point. From healthcare to government to retail to technology and everything in between, we've revolutionized the way companies and candidates connect. About Gemspring Capital Gemspring Capital is a private equity firm with $355 million of equity capital under management that focuses on making control and structured equity investments in middle market companies headquartered in the United States and Canada. Gemspring partners with talented management teams and takes a hands-on approach to driving revenue growth and value creation. For more information, please visit http://www.gemspring.com Logo - https://mma.prnewswire.com/media/352899/tmpw_dba_4c_notagline__4__Logo.jpg Related Links :http://www.tmp.com
  • Saudi Authority for Intellectual Property Seizes Computer Stores That Violate IP Rights With the Participation of the Ministry of Municipal and Rural Affairs and the General Directorate of Public Security
    RIYADH, Saudi Arabia, Oct. 15, 2019 /PRNewswire/ -- Saudi Authority for Intellectual Property has carried out an extensive inspection campaign aimed at seizing computer stores which violate intellectual property rights, specifically the copyright protection Law recently. SAIP team with MoMRA and General Directorate of Public Security during the campaign SAIP pointed out that the seizures focused on desktop computers, laptops, storage devices of various kinds and computer programs loaded with works that violate intellectual property systems, as it seeks to seizure and reduce them to motivate service providers to provide the appropriate needs of individual consumers and raise the level of service to them. Based on the functions and competencies transferred to the Authority in accordance with its Regulation, SAIP has previously warned against the promotion or sale of any product that violate intellectual property rights, or any action contrary to intellectual property regulations, and set out the statutory penalties for such violations. Affirming that it will not tolerate the application of penalties in this regard, to effectively enforce intellectual property rights, especially regarding the field of software, literary and artistic works, and trademarks. The enforcement phase of respecting intellectual property rights follows several awareness-raising campaigns carried out by the Authority in partnership with relevant authorities to raise awareness of respecting intellectual property rights and the penalties stipulated in the regulations. Complementing SAIP's ongoing efforts to protect intellectual property rights, and in cooperation with the Ministry of Municipal and Rural Affairs and the General Directorate of Public Security, the campaign resulted in uncovering some computer stores in Riyadh, which have been found to use computer programs that violate intellectual property rights, which are prohibited from being exploited or promoted in any form. The illegal devices were seized to implement appropriate penalties, in order to reduce the spread of this kind of violations suffered by the whole world. SAIP stressed that it will not tolerate any violation of laws and regulations regarding IPR violation. SAIP also called on citizens and residents of Saudi Arabia to respect intellectual property rights by promptly reporting such violations by visiting SAIP's official social media channels: @saipksa, email at Saip@Saip.gov.sa , or call its direct customer service number at 920000667. Photo - https://mma.prnewswire.com/media/1011056/SAIP4.jpg Related Links :https://www.saip.gov.sa
  • VeChain Is Leading Co-sponsor of GDST Seafood Trackathons
    SHANGHAI, Oct. 15, 2019 /PRNewswire/ -- The need for an industry-driven, technology-agnostic global framework for seafood traceability was first publicly recognized by the World Economic Forum's Global Agenda Council on Oceans in 2013. It points out that 20% or more of fish catch results from "illegal, unreported or unregulated" fishing, and thus escapes basic fisheries management. The growing market demands also add to enterprises' interests in improving transparency within seafood supply chains. To meet the increasing requirements, it's necessary to standardise business practices and harmonise regulations to promote interoperable traceability within the seafood sector. The GDST is set to hold its second and third Seafood Traceability Hackathons in Cologne, Germany from 21-22 October and in Bali from 26-27 October, 2019. Supported by multiple leading organizations and enterprises in the industry, such as GS1 Germany and USAID Oceans and Fisheries Partnership, the hackathons serve as a grand gathering of real businesses and a platform that boosts the development of valuable applications that can be used to solve real problems facing the industry. GDST's mission is to establish an international business-to-business framework capable of supporting a variety of technologies and solutions to bolster inter-cooperation on seafood traceability practices. The initiative is co-convened by WWF and IFT's Global Food Traceability Center. VeChain, the world's leading public blockchain platform, will support this cause and is the sole blockchain sponsor of both hackathons. The GDST has placed Blockchain Integration as one of the four major categories for contestants, which is a testament to the legitimacy and value-added contribution by blockchain in the traceability industry. VeChain will share with the Hackathon contestants its expertise in blockchain-powered traceability solutions that can be applied by a broad spectrum of seafood industry stakeholders from all parts of the supply chain. The winners of the Hackathons will be awarded prizes that includes prize value up to 10,000 EUR cash equivalent to support their efforts in developing innovative blockchain applications. As an added bonus, top participants will have an exclusive chance to be included in the VeChain's accelerator and bounty programs connecting them with the large network of the VeChain Ecosystem. More than 60 producers, processors, and retailers from across the world will be brought together to have in-depth discussions on seafood traceability. VeChain's Europe Project Manager and technology expert, Arnaud Bauer, will introduce how to develop effective applications based on the VeChain ToolChain APIs or the VeChainThor Blockchain. With DNV GL's extensive experience and expertise in blockchain technology adoption, participants will find it easier to build and leverage blockchain-based applications to empower their businesses. Over the past years, VeChain sees itself as an enabler in the blockchain ecosystem. With the release of the VeChain ToolChain, a powerful product that allows enterprises and individuals to adopt blockchain technology effortlessly, the technical hurdles to integrate blockchain technology is no longer an obstacle for businesses and enterprises. Participants in the hackathon, regardless of their proficiency in blockchain technology, will be able to develop applications that leverage blockchain technology smoothly. Apart from efforts to transform the Food & Beverage, LNG, Fast Fashion and Luxury industry, VeChain has been steadily branching out into more sectors, and will involve more users who are devoted to efficient traceability efforts. VeChain hopes to attract more builders with the hackathons to develop real world applications in the VeChain ecosystem and create more valuable transactions. Don't miss out on the GDST hackathons, come and join the leaders of seafood traceability industry and find out yourselves how VeChainThor Blockchain can be used to facilitate the real economy. To register to participate in the Seafood Traceability Hackathon: traceability-dialogue.org About GDST The Global Dialogue on Seafood Traceability (also referred to as the Dialogue) is an international, business-to-business platform established to advance a unified framework for interoperable seafood traceability practices. The Dialogue brings together a broad spectrum of seafood industry stakeholders from across different parts of the supply chain, as well as relevant civil society experts from diverse regions. About VeChainLaunched in 2015, VeChain aims to connect blockchain technology to the real world by providing a comprehensive governance structure, a robust economic model, and IoT integration. VeChain is the pioneer of real-world applications using public blockchain technology, with international operations in Singapore, Luxembourg, Tokyo, Shanghai, Paris, Hong Kong, and San Francisco. Together with our strategic partners PwC and DNV GL, we have established cooperative relations with many leading enterprises in different industries, including Walmart China, BMW, BYD Auto, Haier, Bright Food, D.I.G, DB Schenker, PICC, etc. For more information about VeChain, please visit vechain.com. For news inquiries, please email to press@vechain.com. Photo - https://mma.prnewswire.com/media/1010126/GDST_Seafood_Trackathons.jpg Logo - https://mma.prnewswire.com/media/738221/VeChain_Logo.jpg Related Links :http://www.vechain.com
  • Vestiaire Collective & BCG: Survey Reveals Why Luxury Brands Should Celebrate the Pre-owned Boom
    Vestiaire Collective and BCG release survey revealing resale market is a boost rather than a threat for luxury industry. The report explains the 3 reasons why luxury brands should embrace the resale market. - Resale is a recruiting mechanism for luxury brands - Second-hand sellers are predominantly first-hand buyers - Second hand is a great way to boost sustainability PARIS, Oct. 15, 2019 /PRNewswire/ -- The second-hand luxury market is not a new phenomenon, however the last couple of years have seen this market explode, with global sales predicted to grow at an incredible rate of an average 12% year-on-year, compared to a 3% average for the core luxury market. Furthermore, the resale industry is forecasted to increase turnover from $25 billion in 2018 to $36 billion in 2021, representing around 9% of the luxury market. Boston Consulting Group (BCG) and Vestiaire Collective today released an unpublished survey, Why Luxury Brands Should Celebrate the Pre-Owned Boom, revealing the three key drivers behind this rapid growth and how luxury brands can benefit from the explosion of the resale market. Vestiaire Collective AW19 campaign, Photographer Fanny Latour Why second-hand offers an exciting opportunity for luxury brands. Luxury players may regard a growing pre-owned market as a threat; however, the second-hand market has much to offer to the luxury industry, including serving as a recruiting mechanism, allowing primary market buyers to purchase additional premium items thanks to their lower TCO, thus boosting sustainability. A recruiting mechanism Pre-owned luxury buyers are usually consumers who don't have access to the primary luxury market, as 71% of the pre-owned buyers surveyed lean towards items and brands they could not afford firsthand. Therefore second-hand market is a powerful way for luxury brands to connect with, and anchor their brand in the minds of potential future primary customers. As second-hand luxury customers mature, their purchasing power tends to increase, making them ready to shift to the primary market. Of those surveyed, 62% said that they bought a brand they like for the first time second-hand on Vestiaire Collective and almost all of that 62% said they would consider buying that brand again. Research also shows that 57% would either definitely buy or would consider buying the item first-hand—making them solid prospects for the first-hand market. Second-hand sellers are first-hand buyers Second-hand sellers typically use resale to recoup some of their money back on first-hand purchases, often so they can reinvest in new, full-priced luxury products. Of those sellers surveyed, 32% said they were primarily selling because they wanted to purchase new firsthand goods. In addition, most pre-owned sellers do not tend to make many second-hand purchases. For example, of total pre-owned sales on the Vestiaire Collective platform, 70% are generated by sellers who rarely purchase second-hand. 44% of sellers stated that they purchase more expensive luxury items than they would have bought without a resale market. Furthermore, customers purchase more frequently, investing around the same amount on individual items but buying again once they free up their budgets. A way to boost sustainability in the luxury world The pre-owned market clearly extends the lifetime of luxury products. Most products sold on pre-owned luxury platforms are of high quality, with 62% unworn or scarcely worn. It also creates a circular luxury fashion economy, a hot topic in the fashion industry today. Luxury companies that support sustainability can feel proud to be part of a more responsible ecosystem, and they will ultimately benefit from such positioning. This is especially true given the importance of sustainability to young consumers today. Extensive and unique product offering, changing consumer preferences, accessible pricing and increasing professionalization is driving rapid growth of the resale market. Millenials and Gen Z are disrupting the market and placing greater importance on the social and environmental impact of their purchases than previous generations. The Vestiaire Collective and BCG survey reveals that over 70% are trying to shop ethically and 13% saying that sustainability is extremely important to them. Of those that shop ethically, 57% say that environmental impact is their primary concern. "The second-hand market prolongs the life of luxury products. Most of what is sold on luxury second-hand platforms is of high quality, with 62% of the clothes either unworn or hardly worn. Brands wishing to be more eco-friendly benefit from this circular luxury economy," explains Olivier Abtan, Managing Director and Partner of BCG and leader of their global luxury sector worldwide. Second-hand offers a unique product range at accessible price points.. Most second-hand luxury clients are attracted by the affordable prices of luxury items: 96% of Vestiaire Collective members surveyed said that they buy second-hand luxury pieces partly because they are looking for value for money. Another major advantage of the second-hand market: 62% of buyers are searching for pieces that are either out of stock, from previous season collections or from limited edition releases, while 83% stated they are drawn by the wide selection of products and brands which may no longer be available in the first-hand market. Growing professionalization and concentration of the market The traditional brick-and-mortar luxury resale industry produced very few players of any significant size as they focused on a specific product category or geographic footprint. In contrast, online resale platforms have won over consumers by offering far greater brand and product assortment. In addition, each platform has developed a series of unique services such as curation, authentication and personalised marketing strategies driven by extensive data insights. Notes to Editor: Methodology Based on a survey of over 1005 Vestiaire Collective clients in October 2018, and on the basis of 12,000 respondents to the BCG x Altagamma (2019) survey. Photo - https://mma.prnewswire.com/media/1010707/Vestiaire_Collective_x_BCG.jpg  
  • Orient Commercial Joint Stock Bank Received Asia Pacific Enterprise Award for 2019
    HO CHI MINH CITY, Vietnam, Oct. 15, 2019 /PRNewswire/ -- 10th October, Orient Commercial Joint Stock Bank (OCB), and Mr. Trinh Van Tuan - Chairman of the Directors Board were among three entities in the field of Finance - Banking of Vietnam were honored to receive APEA (Asia Pacific Entrepreneur Awards 2019) APEA is a prestigious award in Asia hosted by Enterprise Asia - Asia's leading NGO for business evaluation. APEA has strict entry criteria, highly competitive rating parameters and rigorous evaluating and voting processes, in honor of outstanding individuals and business organizations. The event is also an opportunity to connect Asia's leading entrepreneurs and businesses to promote innovation, create opportunities for exchanges, sharing and cooperation in the region. Mr. Trinh Van Tuan - Chairman of the Directors Board received the award (at the middle) In order to receive this award, candidates are required to adopt evaluations such as financial audits; enterprise data assessment and proved-for-years leadership capacity; direct interviews at headquarters and secret voting in the Enterprise Asia's international advisory council. In addition, candidates need to demonstrate business skills, experience as well as commitment to upholding the standards of sustainable business. Affording strict selection criteria and tight voting process, OCB and Mr. Trinh Van Tuan - Chairman of the Board of Directors were honored as excellent Asian business and entrepreneur in the field of Finance - Banking at the awarding ceremony. Representative of International Consulting Council of Enterprise Asia highly appreciated Mr. Tuan's contributions to OCB's operations and developments in recent years. Due to his orientation and quick, right decisions, OCB has overcome all the challenges faced in such a fiercely competitive financial environment. Website: ocb.com.vn Facebook: https://www.facebook.com/phuongdongbank/ Currently, OCB has 200 business units spread across key cities and provinces across the country; with a staff of about 6,000 people and the equity is VND 10,000 billion (equivalent to USD 450 million). Photo - https://photos.prnasia.com/prnh/20191015/2611154-1?lang=0Related Links :https://www.ocb.com.vn
  • Tourcom LLC, Holding Company of Tourcom Blockchain, Signs Strategic Investment Agreement through Equity Acquisition of Travel Information Sharing Service 'Wishbeen'
    Tourcom Blockchain to integrate travel content and user data of Wishbeen for dApp release early next year To create a token ecosystem through the use of TCO (Tourcom Blockchain tokens) by over 500,000 users and to secure a compensation system SEOUL, South Korea, Oct. 15, 2019 /PRNewswire/ -- Tourcom LLC (CEO Bae Kyun Park), the parent company of Tourcom Blockchain, announced on October, 15th, it had entered into a strategic investment agreement with Wishbeen (CEO Dong-Doo Park), South Korea's largest travel information sharing service platform, through equity acquisition of Wishbeen. The agreement is to develop high-quality travel data, accelerate platform development, and expand the token ecosystem of Tourcom Blockchain, a customized travel platform that combines Blockchain and AI. Tourcom Blockchain is building a customized travel Blockchain platform for Tourcom, a travel agency with the unprecedented 'travel-now-pay-later' concept. Tourcom Blockchain provides customized travel information and travel packages optimized by artificial intelligence (AI). Following a partnership with the 'Senior Financial Education Council' and 'Ziktalk' and after joining the 'Luniverse' platform, TCO was listed on the BW Exchange. Later this year, the beta version of Tourcom Blockchain global dApp will be launched at the beginning of next year. Wishbeen is a 'content commerce service' that shares profit with its users through cash rewards. Its users share on the platform their actual travel experiences on destinations, onsite schedules, and other parts of their travels. Through this equity acquisition, Tourcom Blockchain will integrate Wishbeen's travel content and user data into the Tourcom Blockchain global dApp. Tourcom, the parent company of Tourcom Blockchain, has accumulated a vast database of travel content over the past 10 years or so and will integrate over 400,000 accounts from Wishbeen, which will be the initial foundation for the Tourcom Blockchain dApp along with Tourcom's own data. In addition, over 410,000 members of Wishbeen will be added to the existing 130,000 TOURCOM members of Tourcom, to secure over 500,000 members for the soon to be launched dApp to pave the way for the Tourcom Blockchain mega project. Wishbeen's data, which previously has been concentrating on the domestic market, can now be translated into more than 10 languages through the Tourcom Blockchain global platform, enabling further expansion throughout the world. By providing high-quality data to Tourcom Blockchain, Wishbeen seized an opportunity to develop its platform globally. By integrating Wishbeen's travel content to the Tourcom Blockchain dApp, users around the world will be provided with high quality travel content. Furthermore, by providing TCO rewards to users who write travel reviews on the Wishbeen and Tourcom Blockchain platforms, users on both platforms will be provided with rewards that are secure and transparent, further expanding Tourcom token ecosystem. Dong-Doo Park, Wishbeen CEO, stated, "Wishbeen is a platform that has grown based on the policy of providing reasonable rewards for providing travel reviews. Through this agreement, our platform can leverage Tourcom platform's tokens and dApp to provide users with secure and transparent rewards. Also, Wishbeen will be able to thrive as a global travel platform through the integration of the contents of the two platforms. Tourcom Global CEO, Young-Doo Cho, revealed the background of equity acquisition and strategic investment by saying, "Over 400,000 counts of Wishbeen's travel content to be integrated into Tourcom Blockchain's dApp will enhance the level of completion of the dApp to be launched early next year. We believe that securing Wishbeen's existing database will have a huge benefit for Tourcom Blockchain platform when it is ready to provide actual services to the market." About Tourcom Tourcom is a travel company operating under the concept of 'Travel-now-pay-later'. Tourcom records over $20 million USD in yearly sales, employs over 1,400 sales personnel, and has over 130,000 existing members. About Tourcom Blockchain Tourcom Blockchain is a Blockchain project operated by 'Tourcom Global', which is based in Singapore. It utilizes its mother company (Tourcom)'s wealth of experience, network, and vast amount of database. Tourcom Blockchain aims to create an innovative travel platform for independent travelers integrating Blockchain and AI. About Wishbeen Wishbeen is a travel plan sharing service. It provides innovative services which enable users to create, share, improve, and store their travel plans. Also, travel writers who write high-quality travel content can be compensated on the platform.
  • Lord of Dice: The Ultimate Anime RPG of the Year Opens for Pre-Registration
    Lord of dice is an Anime style RPG game developed and published by Ngel games, Available for pre-register now. One of a kind unique Strategy RPG game with a mix of Japanese Anime character design, available on Android and IOS soon. BANGKOK, Oct. 15, 2019 /PRNewswire/ -- Lord of Dice, developed and published by Ngel games, has officially opened an official Facebook page for South East Asia and for those who are interested, go and join the pre-register to get loads of special rewards such as Gems, Gold and many more. When the pre-register reaches a certain number, all registered players will be guaranteed to receive a 5-star Dicer. The description of the rewards will be on the pre-register page linked below. Lord of Dice, The Ultimate Anime RPG of the Year is now available for register. Register NOW! to get Rewards. "Lord of Dice is a tactical RPG that incorporates hero collection and dice mechanics which represents a unique fusion of gameplay styles that has never been seen before," says Jihoon Park of Ngel Games. In Lord of Dice, players navigate a tactical battle grid using a team of heroes known as Dicers. Each Dicer has unique stats and abilities players can utilize to defeat monsters and adapt to different situations. Featuring more than 200 collectible Dicers, players will enjoy building their teams and play in various games modes such as REAL-TIME PVP, PVE, Adventure, Infinity Tower and MANY more. The awesome part is the stunning visual arts of the ANIME in the game, so don't miss out on this awesome adventure. We hope to receive great feedback and support from South East Asia players. About NGEL Games Ngel Games co., ltd was established in 2013 and is now one of the fastest-growing mobile game developers in Korea, Ngel Games capitalizes on their love of anime and complex strategy to craft one-of-a-kind gameplay experiences. Their premiere IP, Lord of Dice, brings their vision to life and has been labeled one of the "Hottest RPGs in Asia." Join the pre-register now! LET'S ROLL!! To pre-register now, please visit: https://bit.ly/319Ow0q Visit us on Facebook and stay tuned for the latest Lord of Dice updates: http://hyperurl.co/LOD_Pre-reg Watch Lord of Dice Teaser here.Link: http://hyperurl.co/LODPRE_Teaser Photo - https://photos.prnasia.com/prnh/20191012/2609017-1?lang=0
  • CartiHeal Performs First Agili-C™ Cartilage Repair Implantation Procedure in Maryland
    The procedure was performed by Jason M. Scopp, MD, an orthopedic surgeon at Peninsula Orthopaedic Clinic in Salisbury, Maryland KFAR SABA, Israel, Oct. 15, 2019 /PRNewswire/ -- CartiHeal, developer of Agili-C™, a proprietary implant for the treatment of cartilage lesions in arthritic and non-arthritic joints, announced today the first implantation of the Agili-C™ implant, as part of Investigational Device Exemption (IDE) clinical study by Dr. Jason M. Scopp, orthopedic surgeon and Director of Joint Preservation Center at Peninsula Orthopaedic Clinic in Salisbury, Maryland. Dr. Scopp performs first Agili-C™ cartilage repair implantation procedure in Maryland The clinical study will involve a minimum of 250 study patients, currently 241 patients have already been enrolled. Peninsula Orthopaedic Clinic is one of 15 U.S. clinical sites participating in this randomized and controlled IDE clinical study. The primary study objective is to demonstrate the superiority of the Agili-C™ implant over the current surgical standards of care: microfracture and debridement in the treatment of large spectrum cartilage defects. "Our first patient was a 50-year-old male with moderate osteoarthritis and with two large cartilage defects in a total surface area of 6.8 cm[2]. One defect was located in the trochlea and the second defect was located on the medial femoral condyle. The patient was randomized to the Agili-C™ treatment arm and was treated with 3 implants. Patients who have cartilage defects are looking for options to not only treat their pain, but also delay the need for joint replacements," said Dr. Scopp. "I was very pleased that this patient was randomized to the Agili-C group, as I believe it will provide the solution he is seeking. As the Director of the Joint Preservation Center at Peninsula Orthopaedic Associates, I am able to offer my patients the state of the art techniques to preserve their joints and maintain an active lifestyle. I am excited to enroll more patients who meet the inclusion criteria." CartiHeal's founder and CEO, Nir Altschuler, stated: "We are very pleased that Dr. Scopp has joined our study. With 241 patients already enrolled we are expecting to perform an interim analysis very shortly, once the remaining 9 study patients are enrolled." About CartiHeal CartiHeal, a privately-held medical device company headquartered in Israel and New Jersey, develops proprietary implants for the treatment of cartilage and osteochondral defects in traumatic and osteoarthritic joints. CartiHeal's cell-free, off-the-shelf implant is CE marked for use in cartilage and osteochondral defects. Agili-C™ has been implanted in over 500 study patients with knee, ankle, and great toe cartilage lesions in a series of clinical trials at leading centers in Europe and Israel – treating a broad spectrum of cartilage lesions, from single focal lesions to multiple and large defects in osteoarthritic patients. In the United States, the Agili-C™ implant is not available for sale – it is an investigational device limited for use in the IDE clinical study. Contact: http://www.cartiheal.cominfo@cartiheal.com Photo: https://mma.prnewswire.com/media/1010944/CartiHeal_Agili_C_Dr_Scopp.jpg Logo: https://mma.prnewswire.com/media/451231/CartiHeal_Logo.jpg Related Links :https://www.cartiheal.com
  • Crypto.com: Earn Up to 8% p.a. on PAX Gold (PAXG) Deposits
    HONG KONG, Oct. 15, 2019 /PRNewswire/ -- Crypto.com, the pioneering payments and cryptocurrency platform, announced today that it has added PAXG to Crypto Earn, allowing users to enjoy up to 8% p.a. on their deposits.    Earn up to 8% p.a. on PAX Gold (PAXG) deposits   PAX Gold (PAXG) is an asset-backed digital token where each token represents one fine troy ounce (t oz) of London Good Delivery gold, stored in professional vault facilities in London. Anyone who owns PAXG owns the underlying physical gold, held in custody by Paxos Trust Company. Crypto Earn now supports 15 coins for holders to maximize their returns, including BTC, ETH, LTC, XRP, BNB, TUSD, PAX, USDC, MCO, BAT, LINK, CRO, MKR, and DAI, with the addition of PAXG. Interest is paid out weekly in the coin deposited with flexible, 1-month or 3-month terms available. Users earn more by staking at least 500 MCO.  About PAX Gold PAX Gold (PAXG) is an asset-backed token where one token represents one fine troy ounce of a London Good Delivery gold bar, stored in professional vault facilities. Anyone who owns PAXG has ownership rights to that gold under the custody of Paxos Trust Company. Since PAXG represents physical gold, its value is tied directly to the real-time market value of that physical gold. On the Paxos platform, customers can convert their tokens to allocated gold, unallocated gold, or fiat currency (and vice versa) quickly and efficiently, reducing their exposure to settlement risk. For more information, visit: https://www.paxos.com/paxgold. About Crypto.com Crypto.com was founded in 2016 on a simple belief: it's a basic human right for everyone to control their money, data and identity. With over 1 million users on its platform today, Crypto.com provides a powerful alternative to traditional financial services, turning its "vision of cryptocurrency in every wallet" into reality, one customer at a time. Crypto.com is built on a solid foundation of security, privacy and compliance and is the first cryptocurrency company in the world to have CCSS Level 3, ISO27001:2013 and PCI:DSS 3.2.1, Level 1 compliance. Crypto.com is headquartered in Hong Kong with a 170+ strong team. For more information, please visit http://www.crypto.com.     Photo - https://mma.prnewswire.com/media/1011037/Crypto_com_Earn_X_PAXG.jpg  Logo - https://mma.prnewswire.com/media/888271/Crypto_Logo.jpg  Related Links :https://crypto.com
  • Sun Group's Sun World Fansipan Legend named 'Vietnam's Leading Tourist Attraction 2019'
    Sun World Fansipan Legend has been named "Vietnam's Leading Tourist Attraction 2019" at the World Travel Awards (WTA) Asia & Oceania 2019. LAO CAI, Vietnam, Oct. 15, 2019 /PRNewswire/ -- Attending a special gala ceremony held on October 12, 2019 on Phu Quoc Island, representatives of Sun Group's Sun World Fansipan Legend, were delighted to receive this highly prestigious award at what The Wall Street Journal calls "the Oscars of the world travel industry." Director of Sun World Fansipan Legend received the award at WTA Asia & Oceania 2019 "This is truly a great honour that acknowledges the huge efforts we have made to bring a truly world-class tourism product to Sa Pa," said Nguyen Xuan Chien - Director of Sun World Fansipan Legend. "This award will also spur us on to ensure Sun World Fansipan Legend exceeds expectations as the country's leading tourism attraction." Developed by Sun Group, Sun World Fansipan Legend first opened its doors in 2016, transforming Sa Pa in a just a few years from a sleepy backwater into one of Vietnam's premier destinations. jwplayer.key="3Fznr2BGJZtpwZmA+81lm048ks6+0NjLXyDdsO2YkfE="   jwplayer('myplayer1').setup({file: 'https://cdn4.prnasia.com/002071/mnr/video/20191015SunGroupFansipanLegend.mp4', image: 'http://www.prnasia.com/video_capture/2804160_AE04160_1.jpg', autostart:'false', aspectratio: '16:9', stretching : 'fill', width: '512', height: '288'}); Visitors to Sun World Fansipan Legend will have many unique vantage points to admire the awe-inspiring beauty of the northwest -- especially the "rooftop of Indochina", Mount Fansipan, and the Muong Hoa Valley. Within the complex, visitors can also immerse themselves in the northwestern mountainous culture by attending traditional festivals and discovering all about the many hill tribes who have lived around the "City in the clouds" for many centuries. Departing from Sapa, the Muong Hoa funicular connects the town with the Fansipan cable car station. The short but wonderful funicular ride will thrill people of all ages as it trundles through mysterious tunnels, crosses a viaduct and offers passengers wide-views of the beautiful natural landscapes and terraced rice fields at an altitude of 1,600 meters. As they ride in the Sun World Fansipan Legend Cable Car System, passengers will have breathtaking views of the mountain scenery. When they reach the top of Fansipan, at a height of 3,143m, they can visit a complex of spiritual buildings and shrines that showcase the ancient beauty of Vietnamese architecture as well as the country's spiritual beliefs. Having Sun World Fansipan Legend recognized as "Vietnam's Leading Tourist Attraction 2019" is certainly a huge acknowledgement of the tireless efforts made by Sun Group to develop and deliver truly world-class tourism products and high-grade, transformative projects that have made an immense contribution in promoting Vietnam as a travel destination all around the world. Video - https://cdn4.prnasia.com/002071/mnr/video/20191015SunGroupFansipanLegend.mp4Photo - https://photos.prnasia.com/prnh/20191015/2611183-1?lang=0 Related Links :https://www.sungroup.com.vn
  • Envirotainer Opens RAP e2 and RKN e1 Station in Hyderabad
    UPPLANDS VASBY, Sweden, Oct. 15, 2019 /PRNewswire/ -- Envirotainer, the global market leader in secure cold chain solutions for air transport of pharmaceuticals, today announced that they are upgrading their network of stations supporting their state-of-the-art e-technology containers, namely the RKN e1 and RAP e2, by adding Hyderabad (HYD), India, to the list of stations that provide local release and return. "India is the world's third largest producer of pharmaceuticals in terms of volume. The demand in the US and Europe is expected to sustain a high growth rate over the foreseeable future, with the addition of e-technology capabilities in Hyderabad, it boosts our ability to meet our local Pharmaceutical customers' need for cost-effective and secure temperature-controlled airfreight shipments", said Suat Toh, Head of Sales APAC. She continues, "The addition of new service in India means that we now can provide all our container types from Hyderabad (HYD) as well as from Mumbai (BOM)." The RAP e2 and the RKN e1 are FAA & EASA certified air cargo ULD's. This means they can be carried by the majority of airlines, they get prioritized cargo status, are tracked in airlines fleet management and have a quick transfer process. All reducing the risk of shipment delays. The RAP e2 is an extremely cost efficient and high performing solution compared to other active and passive alternatives. The RAP e2 container has proven its robustness and has to date shipped over 150,000 pallets of pharmaceuticals with 0.00% product loss. Hyderabad (HYD) is the 33rd station in the Envirotainer network to carry the flagship RAP e2 solution, one of the most advanced temperature-controlled air cargo containers available. Recognizing the need for secure temperature-controlled airfreight solutions, Envirotainer has been expanding its sales offering in Asia-Pacific over the past years, investing in both service capabilities and an agile network model. Contact information: Suat TohHead of Sales APAC, Envirotainer+65-98801103suat.toh@envirotainer.com Mattias IsakssonHead of Marketing & CommunicationsEnvirotainer ABmattias.isaksson@envirotainer.com This information was brought to you by Cision http://news.cision.com https://news.cision.com/envirotainer-ab/r/envirotainer-opens-rap-e2-and-rkn-e1-station-in-hyderabad,c2931753 The following files are available for download: https://mb.cision.com/Main/8981/2931753/1123792.pdf Release https://news.cision.com/envirotainer-ab/i/envirotainer-1000th-rap-e2,c2699582 Envirotainer 1000th RAP e2 https://news.cision.com/envirotainer-ab/i/rap-e2-doors-open,c2699583 RAP e2 doors open
  • Celemics Expedites Target Enrichment NGS Data Insights by Partnering With BlueBee on a Global Genomics Data Solution
    SEOUL, South Korea, and RIJSWIJK, The Netherlands, Oct. 15, 2019 /PRNewswire/ -- Celemics, provider of NGS target enrichment kits and innovative sequencing platforms, announced today the release of a comprehensive NGS target enrichment workflow for clinical and translational research applications. To serve as an end-to-end workflow with integrated genomic data analysis, Celemics partnered with BlueBee, an industrial-grade and highly configurable data platform provider, to develop a bioinformatics solution tailored for their assay and end-user experience. Collaborative efforts between these two industry leaders produced the Celemics web solution, offering a new level of accessibility to users of target enrichment NGS assays. The Celemics web solution will act as a springboard to propel research towards precision medicine and provide Celemics with an extensible, highly efficient and scalable data strategy poised for growth. The Celemics web solution is a turnkey analytics option, transforming raw data into actionable results as part of the Celemics NGS target enrichment kit portfolio. "Data analysis is a critical workflow area with potential for streamlining," says Dr. Hyoki Kim, CEO Celemics. "We chose BlueBee to address the data analysis bottleneck for our customers with a platform that fits precisely with our assay. The Celemics web solution standardizes the digital end of the workflow, is high-performance, and provides ease of use. This strategic product extension is directly in line with our company mission of accelerating precision medicine, which we are thrilled to make tangible for a global market," Dr. Kim adds. Leveraging BlueBee's Genomics Platform, Celemics is able to serve an expanding global market with clinical-grade data compliance and guaranteed data residency for customers in Europe, Asia, and beyond. The administrator features of the platform ensure that Celemics remains in complete control of their pipeline and operations. The streamlined user interface enables end-users with any level of expertise to analyze, interpret, and return actionable results from their sequencing workflow. Celemics end-users may also work collaboratively, providing secure, permissioned, and audited access of project data and analyses. "We are honored to serve Celemics," says Hans Cobben, CEO of BlueBee. "The BlueBee Genomics Platform, configured for the Celemics data workflow, will streamline data analysis through insight generation for target enrichment applications, and support market expansion for Celemics. Partnerships like this that bridge the gap between wet-lab and data workflows, are critical to the pursuit of precision medicine," Cobben adds. About Celemics Celemics is a biotech company developing and supplying key enabling solutions in the field of genomics, antibody discovery and synthetic biology. As a manufacturer of target enrichment kits for NGS applications, Celemics secured itself in the global market for genetic testing. Celemics offers defined panels and customized target enrichment kits in IVD and RUO sector with remarkable synthetic probe rebalancing technology under stringent quality management system (ISO 9001, ISO 13485, GMP). Founded 2010, Celemics has been focused in the last several years on providing target enrichment panels in Europe and Asia for various applications including oncology, inherited disease and genetic marker discovery. To learn more, visit http://www.celemics.com and e-mail support@celemics.com Contact person: Brian Park Regional Manager email: brian@celemics.com About BlueBee BlueBee is a global bioinformatics software solutions provider offering fit-for-purpose configurability on its BlueBee Genomics Platform. BlueBee data analysis solutions serve to analyze, interpret, report, and learn from aggregated data, for research and diagnostic assay manufacturers, high-throughput service providers, large project initiatives, and biopharma. BlueBee's information security management system is ISO 27001 certified plus an option for ISO 13485 quality management to serve medical devices. BlueBee meets GDPR and other global data compliance requirements with its data residency guarantee. For more information about BlueBee visit http://www.bluebee.com and follow @bluebeegenomics. Contact person: Michelle Garred VP Global Marketing+1-844-662-3511email: michelle.garred@bluebee.com Logo: https://mma.prnewswire.com/media/951551/BlueBee_Logo.jpg
  • Xixian New Area Hosts Shaanxi, China's Call for Global Collaboration on Innovative Urban Development
    XIXIAN, China, Oct. 15, 2019 /PRNewswire/ -- The 2019 Xixian New Area International Forum on Innovative Urban Development Model (IUDM 2019) gathered government officials, businesses, experts and academic institutions from more than 12 countries on October 13 to discuss the "High-Quality Urban Development" of Xixian in China's Shannxi province. Xixian New Area Hosts in China’s Shaanxi Calls for Global Collaboration on Innovative Urban Development Chang Gui, Executive Vice Governor of Shannxi Province, noted during opening remarks that urban development had shifted its focus "from speed to quality". As Xixian New Area explores innovative approaches in urban planning, construction technology, environmental protection, cultural heritage preservation and urban-rural integration to create a new urbanization paradigm, the forum is a platform for global partners to discover new ways in urban innovation and development. A new district in Shannxi's Xi'an and the major hub of Greater Xi'an's economic build up as an innovative urban development, Xixian New Area has become a role model for large-scale urban development through new technologies such as coal-free and medium-deep geothermal heat supply chains. Highlighting advanced manufacturing, electronic information, aviation, scientific research and development, cultural tourism and headquarter incubation, the area has helped emerging industries gather at the most open and innovative platforms such as the free trade zone, high-tech town and innovation port to western China, as well as the Sino-Russian innovation park. The IUDM 2019 focuses on global collaboration covering urban planning, construction and preservation as well as sustainable development. Featured forums, exhibitions, visits and events include the Sustainable Urban Development in Nordic Countries and the Innovation Development in National New Area. Finn E Kydland, Norwegian economist and Nobel Prize Winner, said at the forum that from an economic perspective, capital and labor would generate products and services, while the most crucial process during production is technology development, which requires innovation in technology, production methods and artificial intelligence. In addition, he believes that financial development is essential, especially for start-up entrepreneurs and small businesses in making the economy more sustainable. Shi Yulong, director of the China Urban and Small Town Reform and Development Center, said at the forum that the practice of the innovative urban development an in the Xixian New Area can bring samples to the inland areas, especially western Chinese regions. The talent recruitment system to academic institutions, universities and professional organizations as well as the establishment of incubation platforms for innovative development have built an ecosystem of product commercialization, which consists of production, studies, research and investment. To tackle regional development challenges, the forums have helped cities apply new concepts and build consensus among China and other countries to share knowledge and contribute to world urban development. Please visit: http://en.xixianxinqu.gov.cn/ About Xixian New Area The Xixian New Area is the first national new area themed with innovative urban development model. It is led by creative urban planning and city-industry integration with ecological priorities; the goal is to create a modern, sustainable city with improved ecology, livability and business environment. Photo - https://photos.prnasia.com/prnh/20191015/2611105-1?lang=0
  • Phoenix New Media to Hold 2019 Annual General Meeting on November 14, 2019 and Announces Change of CFO
    BEIJING, Oct. 15, 2019 /PRNewswire/ -- Phoenix New Media Limited (NYSE: FENG), a leading new media company in China ("Phoenix New Media", "ifeng", or the "Company"), today announced that it will hold its annual general meeting of shareholders at No. 2-6, Dai King Street, Taipo Industrial Estate, Taipo, New Territories, Hong Kong on November 14, 2019 at 2:00 p.m. Holders of record of ordinary shares of the Company at the close of business on October 15, 2019 are entitled to notice of, and to vote at, the annual general meeting or any adjournment or postponement thereof. Holders of the Company's American depositary shares ("ADSs") who wish to exercise their voting rights for the underlying Class A ordinary shares must act through the depositary of the Company's ADS program, JPMorgan Chase Bank, N.A. The notice of the annual general meeting, which sets forth the resolutions to be submitted to shareholder approval at the annual general meeting, is available on the Investor Relations section of the Company's website at http://ir.ifeng.com. Shareholders may obtain a copy of the Company's 2018 annual report, free of charge, from the Investor Relations section of the Company's website at http://ir.ifeng.com/, or by contacting Phoenix New Media Limited at Floor 16, Sinolight Plaza, No. 4 Qiyang Road, Wangjing, Chaoyang District, Beijing 100102, People's Republic of China, attention: Qing Liu, telephone: +86 (10) 6067-6000, email: investorrelations@ifeng.com. The Company also announced today that Ms. Betty Yip Ho has tendered her resignation as Chief Financial Officer ("CFO") of the Company due to personal reasons. Ms. Ho will cease to be the Company's CFO on November 14, 2019 and retire from the Company's board of directors (the "Board") at the annual general meeting to be held on November 14, 2019. Mr. Edward (Xiaojing) Lu, Vice President of the Company, has been promoted to be the company's new CFO, to be effective on November 14, 2019. Mr. Lu joined ifeng in 2009. Prior to the promotion, he has served in various managerial positions, including executive assistant to the CEO and Vice President in charge of strategic investment and human resources, assisting with the oversight and management of each of the Company's business lines. He has accumulated extensive experience in capital raising and investment management, and participated in the planning and execution of ifeng's first-round of capital raise as well as its initial public offering. Prior to joining the Company, he was the director of business development at Ogilvy from 2007 to 2009. Prior to that, he worked in strategic partnership department at Baidu from 2006 to 2007. Edward received an MBA from INSEAD, and a bachelor's degree from Western University in Canada. "On behalf of the Company and the Board, I would like to express our gratitude to Betty for her leadership and dedication to ifeng over the past 6 years. Throughout her tenure, Betty excelled company-wide efforts to create shareholder value through optimizing our financial model, strengthening the company's balance sheet and driving strategic investments. We are grateful for her contributions and wish her the best in her future endeavors," commented Mr. Shuang Liu, CEO of Phoenix New Media. "At the same time," Mr. Liu continued, "we are fortunate to have someone as qualified as Edward to serve as our new CFO. Having been with the Company for many years, Edward commands extensive knowledge of both our business operations and strategic investment while maintaining a deep understanding of China's media industry. We are confident that Edward's experience will help us to ensure a smooth executive transition." Ms. Betty Yip Ho stated, "I am honored and grateful to ifeng for the opportunity to work with such an outstanding media brand in China for the last six years. It has been a true privilege to work in such a dynamic and collaborative environment. I have full confidence in the Company's professional journalism and believe that ifeng is well-positioned to achieve its strategic and financial goals while delivering value to shareholders." About Phoenix New Media Limited Phoenix New Media Limited (NYSE: FENG) is a leading new media company providing premium content on an integrated Internet platform, including PC and mobile, in China. Having originated from a leading global Chinese language TV network based in Hong Kong, Phoenix TV, the Company enables consumers to access professional news and other quality information and share user-generated content on the Internet through their PCs and mobile devices. Phoenix New Media's platform includes its PC channel, consisting of ifeng.com website, which comprises interest-based verticals and interactive services; its mobile channel, consisting of mobile news applications, mobile video application, digital reading application, fashion application and mobile Internet website; and its operations with the telecom operators that provides mobile value-added services. Safe Harbor Statement This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by words or phrases such as "aim," "anticipate," "believe," "estimate," "expect," "intend," "likely to," "may," "plan," "will" or other similar expressions. These forward-looking statements are based largely on current expectations and projections of Phoenix New Media and its management about future events and financial trends that management believes may affect Phoenix New Media's financial condition, results of operations, business strategy and financial needs. Statements that are not historical facts, including statements about the beliefs and expectations of Phoenix New Media or its management, are forward-looking statements. Phoenix New Media also may make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission ("SEC") on Forms 20-F and 6-K in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties and you should not rely upon forward-looking statements as predictions of future events. A number of factors could cause Phoenix New Media's actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company's growth strategies, including without limitation strategies to grow particular products or services; the Company's future business development, results of operations and financial condition; expected changes in the Company's revenues, including in components of its total revenues, and cost or expense items; the Company's ability to continue and manage the expansion of its operations; and changes in general economic and business conditions in the People's Republic of China. Further information regarding these and other risks is included in the Company's filings with the SEC, including its registration statement on Form F-1, as amended, and its annual reports on Form 20-F. The forward-looking statements made in this press release relate only to events or information as of the date on which the statements are made in this press release. Phoenix New Media does not undertake any obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events, except as required under applicable law. For investor and media inquiries please contact:Phoenix New Media LimitedQing LiuEmail: investorrelations@ifeng.com ICR, Inc. Jack WangTel: +1 (646) 405-4883 Email: investorrelations@ifeng.com View original content:http://www.prnewswire.com/news-releases/phoenix-new-media-to-hold-2019-annual-general-meeting-on-november-14-2019-and-announces-change-of-cfo-300938444.htmlRelated Links :http://ir.ifeng.com
  • Xueersi Online School Establishes First Overseas Teaching Center
    BEIJING, Oct. 15, 2019 /PRNewswire/ -- The opening ceremony of Boston Teaching Center of Xueersi Online School under TAL Education Group took place. Ms. Mary Frazier-Davis from the Office of Career Services at Harvard University, U.S. Chief Investment Official of TAL Joy Chen, and Deputy Head of Xueersi Online School Hazel Hao attend the event, cutting the ribbon together to commemorate the opening. After a year of preparation, the Boston Teaching Center became operational on July 7, 2019. As one of the first overseas teaching center in the Chinese EdTech industry, the opening marks that Xueersi Online School has opened up a new long-term strategy, to create sustained and stable channel for global faculty building. It is expected to generate cycled process, between recruitment and training. By taking the initiative, it hopes to provide a foreign teacher service standard, represented by Harvard graduates. Ms. Mary Frazier-Davis (middle) from the Office of Career Services at Harvard University, U.S. Chief Investment Official of TAL Joy Chen (right), and Deputy Head of Xueersi Online School Hazel Hao (left) cut ribbon at the opening ceremony Currently, 11 teachers graduated from Harvard have joined as part of the first group working at the new teaching center. Located near Harvard University, Mary expressed her appreciation stating, "I would like to thank Xueersi Online School for providing good job opportunities for Harvard graduates. I really admire the unremitting efforts made by Xueersi in promoting educational exchanges between China and the West. Also, appreciating the extent behind 'honoring teachers and revere their teachings' and understanding the Chinese culture from where this derives from. We look forward to more cooperation with Xueersi Online School in the future." Introducing the first overseas live-streaming center to broadcast an authentic American English classroom service "Stimulating children's motivation to learn is more important than just imparting knowledge," said Hazel Hao. Xueersi has constantly harnessed technology to enhance interactive modes and teaching scenarios. Combined with interesting animation and green screen technology, English learning takes place in vivid life-like situations. Story-telling is used so that children can be fascinated by the beauty of language learning. The green screen live streaming equipment is up and running at the Boston Teaching Center. Relying on image blending and animation technology, foreign teachers can flexibly change roles and scenarios based on the course subject and use a total body response to make the class as enjoyable as playtime. The teaching center has 10 green screen live streaming rooms, which have all gone through rigorous operational testing. Now they have come into service and can simultaneously meet the recorded or live teaching demands of 10-15 people. Xueersi's professional video-tech team will also be stationed there for a long period of time to ensure quality and technical assistance to all teachers. Despite being thousands of miles away, teachers and students in China and the U.S. can have face-to-face communication in the live-classrooms. To accommodate the learning schedule of Chinese kids, teachers in Boston have special work shifts. Their working hours are from 5 a.m. to 2 p.m. (EST) when there are live classes and can adjust to normal working hours at other times. With the mission of "Advancing education through science and technology," Xueersi Online School has served a multitude of Chinese families via its online education services. The establishment of the overseas teaching center means Xueersi is bringing in a technology-driven educational experience, while further enabling English teaching and learning. Looking forward, a wider selection of lessons by native English teachers will actually cross the hemisphere, seamlessly connecting with students in China to benefit the English education at home. Opening the window for excellent teachers worldwide, bringing Harvard role models to English learners "A teacher is an example," Hazel Hao said at the ceremony, "We insist on employing teachers who have received a quality education to help maintain and enhance children's interest in learning." From tech to teachers, Xueersi Online School has never stopped pursuing the best for its students. There were already quite a few Harvard faces in its previously offered English classes. With the operation of the Boston Teaching Center, more Harvard alumni will show up in its classrooms. In addition to their educational background as Harvard graduates, Xueersi attaches equal importance to the many academic experiences of its teachers, as well as their understanding and love for education. The 11 teachers who have joined the center have all had teaching experience and display excellent interaction skills necessary in their live-class trials. They are familiar with classroom expressions and are able to apply a variety of body language techniques to make teaching more interesting. Hazel Hao said, "Some of them have had an in-depth study on educational psychology, some have given speeches at international academic events, and some have a wealth of interdisciplinary knowledge." Moreover, the perseverance, open-mindedness and in-depth research ability that they have developed on their own, will set a good example for kids through their intimate interactions and emotional connections. Jared Wright, Harvard graduate and foreign teacher representative, shared his thoughts, "English is a language being learned all over the world. As a teacher, my goal is to make English learning more interesting. I am very willing to bring children around the world a better future through education." The establishment of the Boston Teaching Center symbolizes a new window has opened for Xueersi's global team, and will become a new channel for attracting overseas talents from world-class universities, such as Harvard, and upgrading their teaching staff. The Xueersi Online School will continue to participate in the recruitment seminars and exhibitions, held by Harvard's Office of Career Services, to bring Chinese children unprecedented learning experience, opportunities, and advanced educational concepts. View original content to download multimedia:http://www.prnewswire.com/news-releases/xueersi-online-school-establishes-first-overseas-teaching-center-300938274.html
  • UOB launches holistic learning and development programme for all its employees to succeed into the future
    First in-house designed programme to broaden soft skills as well as digital and data skills accredited by the Institute of Banking and Finance Singapore SINGAPORE, Oct. 15, 2019 /PRNewswire/ -- United Overseas Bank (UOB) has launched an holistic learning and development programme, titled 'Better U', to help its more than 26,000 employees across the Group build successful careers in the digital age. As the financial services sector undergoes digital transformation, the Better U programme reaffirms the Bank's long-term commitment to provide its people with meaningful careers and to support them in their development journey. Mr Dean Tong, Head of Group Human Resources, UOB at the launch of UOB's Better U programme Mr Dean Tong, Head of Group Human Resources, UOB and Mr Wee Ee Cheong, UOB Deputy Chairman and CEO at the launch of UOB's Better U programme Given that job roles will continue to be redefined by emerging and new technologies, the Better U programme identifies five core competencies essential for UOB employees to remain relevant in the future. Through a 12-week foundation course, all UOB employees will complete modules aimed at encouraging a growth mindset, developing complex problem solving skills, as well as acquiring skills in the fields of digital innovation, human-centred design and data. These five core competencies, which form the bases for future learning and employability, will enable the employees to decide with greater certainty which routes of continued learning and technical specialisation they would like to take. To cultivate a habit of continual learning among its employees, UOB designed the 12-week course based on behavioural science and training best practices. For example, many modules have been designed as games or interactive team-based formats for a more engaging learning experience. Almost all the modules are also digital so that employees can embark on their learning journeys at their own convenience. In addition to the foundation course, UOB has designed career pathways and learning tracks and will also set up a dedicated team to advise and to guide employees as they navigate the future demands of work. Mr Dean Tong, Head of Group Human Resources, UOB, said, "To help our people find their place in an environment where work is being transformed by technology and customer expectations, we designed the Better U programme to nurture a mindset that is curious and open to new avenues of personal and professional growth. By designing an holistic development programme that covers both soft and technical skills, we are sowing the seeds of learning to prepare our people for successful careers in an industry that is undergoing significant change. "The Better U programme is part of our long-term approach as we nurture our talent and empower them to take control of their future. Through it, we hope our people will be able to discover their full potential and for some, possibly chart a new course in their career." UOB's Better U programme is the first such training initiative that covers soft skills as well as digital and data skills to receive accreditation by the Institute of Banking and Finance Singapore (IBF). Upon completion of the foundation course, UOB employees will be awarded a UOB-IBF Certificate of Achievement. Ms Lydia Wee, Deputy CEO, IBF, said, "Finance professionals will need to acquire new skills as their jobs evolve. In this regard, IBF is pleased to have accredited UOB's Better U programme which is in line with the Skills Framework for Financial Services. The programme will offer employees the opportunity to acquire both digital and soft skills, and be better prepared for the future." Paving the way for career progression through specialised learning tracks and further education Following the foundation course, UOB employees can choose to pursue specialised learning tracks or educational opportunities that are aligned with their capabilities and interests. They can also apply for financial support to advance their education up to a Master's degree should they meet the Bank's selection and sponsorship criteria[1]. UOB's Better U programme suggests learning tracks to guide employees who may not know the area in which they wish to specialise. The Bank has introduced two progression pathways in the areas of Data Management and Project Management and will expand the range of specialised learning tracks over the next three years. UOB launched its Better U programme in Singapore with close to 1,500 employees participating in a Better U showcase at the Bank's headquarters at UOB Plaza. UOB will roll out its Better U programme progressively across the Group. By the end of 2020, the Bank expects that at least 70 per cent of all UOB employees globally will have completed the 12-week foundation course. [1] As part of the criteria, the Bank will match the personal strengths, aspirations and job performance of interested candidates with their potential to take on higher-value roles within UOB. About United Overseas Bank United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 offices in 19 countries and territories in Asia Pacific, Europe and North America. Since its incorporation in 1935, UOB has grown organically and through a series of strategic acquisitions. UOB is rated among the world's top banks: Aa1 by Moody's and AA- by Standard & Poor's and Fitch Ratings respectively. In Asia, UOB operates through its head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and representative offices across the region. Over more than eight decades, generations of UOB employees have carried through the entrepreneurial spirit, the focus on long-term value creation and an unwavering commitment to do what is right for our customers and our colleagues. We believe in being a responsible financial services provider and we are committed to making a difference in the lives of our stakeholders and in the communities in which we operate. Just as we are dedicated to helping our customers manage their finances wisely and to grow their businesses, UOB is steadfast in our support of social development, particularly in the areas of art, children and education. Photo - https://photos.prnasia.com/prnh/20191015/2611138-1-a?lang=0 Photo - https://photos.prnasia.com/prnh/20191015/2611138-1-b?lang=0 Logo - https://photos.prnasia.com/prnh/20181018/2271919-1LOGO?lang=0 Related Links :www.uobgroup.com
  • Twenty-six Outstanding Vietnamese Business Leaders and Organisations Honored at the Asia Pacific Entrepreneurship Awards 2019
    HO CHI MINH CITY, Vietnam, Oct. 15, 2019 /PRNewswire/ -- Twenty-six outstanding Vietnamese business leaders and organisations were honored at the recently concluded Asia Pacific Entrepreneurship Awards 2019 or APEA 2019, organized by Enterprise Asia. Twenty-six outstanding Vietnamese business leaders and organisations were honored at the recently concluded Asia Pacific Entrepreneurship Awards 2019 or APEA 2019 at Sofitel Saigon Plaza, Ho Chi Minh, Vietnam This is the award's 13th year, and Vietnam is the seventh market to organise the awards this year, out of the awards' 14 markets. An initiative by Enterprise Asia, the region leading NGO, APEA is the largest regional recognition programme, with over 3,000 nominations received each year, and less than one tenth of that receiving the awards in all 14 markets. With the theme of 'Promoting Inclusive Economic Development Through Sustainable Entrepreneurship', over 300 attendees were present at the by-invitation only awards ceremony in Vietnam, comprising of industry leaders and dignitaries including Tan Sri Dr. Fong Chan Onn, chairman of Enterprise Asia; Mr. Nicolas Audier, chairman of European Chamber of Commerce Vietnam; Mr. Pavel A. Poskakukhin, chairman of Dutch Business Association Vietnam; Mr. Mohan Ramesh Anand, chairman of Indian Business Chamber in Vietnam; Mr. Michael Beckman, vice chairman of American Chamber of Commerce Vietnam; Mr. Brian O'Reilly, board director of Australian Chamber of Commerce Vietnam and Dato' William Ng, president of Enterprise Asia. In Vietnam, APEA is supported by the Dutch Business Association Vietnam (DBAV); Australian Chamber of Commerce Vietnam (AusCham); Indian Business Chamber in Vietnam (INCHAM); Snowball Consulting as the Official Implementation Partner; Plaza Premium First as the Airport Lounge Partner; PR Newswire as the News Release Distribution Partner; and SME Magazine as Official Media Partner. Over the past thirteen years, over 2,000 of the most senior entrepreneurs in Asia has received the APEA, including Vietnam's Dang Van Thanh, Malaysia's Tan Sri Yeoh Tiong Lay, Tan Sri Azman Hashim and Tan Sri Teh Hong Piow, Indonesia's Chairul Tanjung, Mochtar Riady and Ciputra, Thailand's Kobchai Chirathivat and Rit Thirakomen, Philippines' Henry Sy and Tony Tan, Singapore's Kwek Leng Beng and Sam Goi, and India's Adi Godrej and Rahul Bajaj. Dr. Fong said, "We are gratified by the continued interest in the programme. We believe this reflects the ongoing success of entrepreneurs and enterprises, as well as our steadfast commitment to upholding the highest standards of our global criteria." Notable winners of the APEA Vietnam chapter include Tran Hung Huy, Chairman of Asia Commercial Bank, Amit Verma, Country Head of Olam Vietnam and Olam Papua New Guinea and Gianluca Fiume, CEO of Piaggio Vietnam cum Executive Vice President Asia Pacific 2-Wheeler who accolade under the Outstanding Category. Moreover, Airport Corporation of Vietnam, Novaland Group and TienPhong Commercial Joint Stock Bank who accolade under the Corporate Excellence Category. Dr. Fong added, "We are proud to be the oldest business awards program in Asia and have been privileged to shine the spotlight on some of Vietnam's exception game changers of tomorrow, whose entrepreneurial spirit in growing successful businesses have made a positive and enduring impact on their community and country. Beyond recognising the efforts of these extraordinary entrepreneurs and management teams behind responsible and dynamic businesses, we hope to encourage them to continue taking their businesses to the next level, and in the process, encourage even greater entrepreneurial activity." RECIPIENT LIST OF ASIA PACIFIC ENTREPRENEURSHIP AWARDS 2019 VIETNAM Outstanding Category Tran Hung HuyChairman of Asia Commercial BankFinancial Services Industry Attila VajdaCo-founder and CEO of CarePlus International ClinicsHealthcare, Pharmaceutical & Biotechnology Industry Pham Le HieuManaging Director of Dong Tay Promotion CorporationMedia & Entertainment Industry Nguyen Quoc HuyCEO of Green World Construction & Commercial CorporationConstruction Industry Ly Anh Duy QuangMember of BOD of GreenFeed Vietnam CorporationAgriculture Industry Amit VermaCountry Head of Olam Vietnam and Olam Papua New GuineaAgriculture Industry Trinh Van TuanChairman of Orient Commercial Bank Financial Services Pham Viet AnhCEO of PetroVietnam Transportation CorporationTransportation & Logistic Industry Gianluca FiumeCEO of Piaggio Vietnam cum Executive Vice President Asia Pacific 2-WheelerManufacturing Industry Do Anh DungChairman and CEO of Tan Hoang Minh GroupProperty Development Industry Nguyen Dang GiapPresident & General Director of The 36 Corporation JSC Construction Industry Do Minh Phu Chairman of TienPhong Commercial Joint Stock BankFinancial Services Industry Corporate Excellence Category Acer Vietnam Co., LtdTelecommunications & ICT Industry Airports Corporation of Vietnam Transportation & Logistic Industry Asia Commercial BankFinancial Services Industry Bibomart TM JSCRetail Industry DatVietVAC Group Holdings Media & Entertainment Industry GreenFeed Vietnam CorporationAgriculture Industry Novaland GroupProperty Development Industry Orient Commercial BankFinancial Services PetroVietnam Transportation CorporationTransportation & Logistic Industry Tan Hoang Minh GroupProperty Development Industry Thien Nam Hoa Service Trading JSCRetail Industry TienPhong Commercial Joint Stock BankFinancial Services Industry Transimex CorporationTransportation & Logistic Industry Vinamit JSCAgriculture Industry About Enterprise Asia Enterprise Asia is a non-governmental organization in pursuit of creating an Asia that is rich in entrepreneurship as an engine towards sustainable and progressive economic and social development within a world of economic equality. Its two pillars of existence are investment in people and responsible entrepreneurship. Enterprise Asia works with governments, NGOs and other organizations to promote competitiveness and entrepreneurial development, in uplifting the economic status of people across Asia and in ensuring a legacy of hope, innovation and courage for the future generation. For further information, visit http://www.enterpriseasia.org. About Asia Pacific Entrepreneurship Awards Launched in 2007, the Asia Pacific Entrepreneurship Awards is the region's most prestigious awards for outstanding entrepreneurship, continuous innovation and sustainable leadership. The Award provides a platform for companies and governments to recognize entrepreneurial excellence, hence spurring greater innovation, fair business practices and growth in entrepreneurship. As a regional award, it groups together leading entrepreneurs as a powerful voice for entrepreneurship and serves as a by-invitation only networking powerhouse. The program has grown to encompass 14 countries and markets all over Asia. For further information, visit http://www.apea.asia Photo - https://photos.prnasia.com/prnh/20191015/2611151-1?lang=0 Related Links :http://www.enterpriseasia.org
  • Data Presented at 3rd Healthy Lung Summit 2019, Demonstrates Impact of AstraZeneca's Healthy Lung Partnership Programme in 9 Asian Countries
    Broadening commitment to drive improvements for patients with respiratory disease across Asia, AstraZeneca and Business Sweden - The Swedish Trade & Invest Council host the third Healthy Lung Summit. JAKARTA, Indonesia, Oct. 15, 2019 /PRNewswire/ -- Building on the continued success of the Healthy Lung Programme, today AstraZeneca and Business Sweden - The Swedish Trade & Invest Council host the 3rd Heathy Lung Summit, bringing together the Healthy Lung Taskforces from eight Asian countries as well as Swedish and international experts to discuss progress and strategize for 2020. To view the Multimedia News Release, please click: https://www.prnasia.com/mnr/healthylung2019.shtml jwplayer.key="3Fznr2BGJZtpwZmA+81lm048ks6+0NjLXyDdsO2YkfE="   jwplayer('myplayer1').setup({file: 'https://cdn4.prnasia.com/002071/mnr/201910/az/video.mp4&#039;, image: 'http://www.prnasia.com/video_capture/2802580_AE02580_1.jpg&#039;, autostart:'false', aspectratio: '16:9', stretching : 'fill', width: '512', height: '288'}); At the Summit the Healthy Lung Programme partners announced that, since its inception, the programme has: Enabled diagnosis of more than 800,000 patients with respiratory disease Supported more than 45,000 healthcare professionals and more than 100,000 patients with treatment training and education Supported the update and/or creation of 26 national and hospital guidelines Supported the activation of more than 1150 respiratory centres of excellence These efforts are aimed at ensuring that patients have an early and accurate diagnosis of their disease, receive high-quality treatment and are supported with good follow up, which can help increase their quality of life, reduce costly emergency care and reduce avoidable mortality. The burden of chronic respiratory disease is significant, and many patients go undiagnosed or without good control over their disease. Asthma affects 315 million adults worldwide[1] and more than 107 million people in Asia Pacific[2]. However, less than one third of asthmatics worldwide are treated with preventative therapy[3] and less than ten per cent of COPD patients are seeking treatment[4]. Going forward, the Healthy Lung Programme aims to expand its impact to benefit more patients with chronic respiratory disease. At the Summit the Healthy Lung Taskforces discussed: The need for better data on chronic respiratory disease in Asia-Pacific and its burden on patients, healthcare systems and economic productivity The need to treat the underlying cause of the disease rather than the symptoms Their intent to improve the impact measurement of Healthy Lung-related activities, through robust data, to prove the effectiveness of respiratory care reform and to expose further opportunities for improvement The Summit was held in Jakarta, Indonesia in recognition of the Indonesian government's ambitious efforts to implement universal healthcare and improve the treatment of non-communicable diseases, including chronic respiratory care. In that context, Healthy Lung Indonesia has been able to make admirable progress educating patients and healthcare professionals, increasing diagnosis rates and improving access to treatment. A spokesperson from the Ministry of Health Republic of Indonesia said, " While the government has been implementing health promotion and disease-prevention activities, the role of Puskesmas in treating asthma patients is very important. At the same time, this will enhance patients' productivity and quality of life. We are delighted to collaborate with our partners to improve treatment management for asthma patients, to improve the quality of healthcare services for broad population." [1] To T et al. Global asthma prevalence in adults: findings from cross-sectional world health survey. BioMed Central Public Health. 2012: 12(204) [2] World Health Organization, Global status report on non-communicable diseases 2014. [3] Bachtlar, D. Prevalence of asthma control test (ACT) in the asthma outpatient Persahabatan Hospital Jakarta in May to July 2009 (thesis). Jakarta: Universitas Indonesia; 2010. Indonesian. [4] <Reference required – unreferenced in sustainability report> About the Healthy Lung Programme The Healthy Lung Programme was established in 2017, when AstraZeneca and governmental, medical and academic partners launched Healthy Lung Taskforces in India, Indonesia, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam. Their aim is to improve the diagnosis and treatment of respiratory diseases such as asthma, chronic obstructive pulmonary disease (COPD), and lung cancer, which are major causes of avoidable mortality, avoidable emergency care expenditure and avoidable loss of economic productivity in Asia-Pacific. To date, four Healthy Lung programmes have received an endorsement from governments across the Asia-Pacific region and 42 formal partnerships have been formed to improve respiratory care, reaching over close to half a million patients across the region. About AstraZeneca AstraZeneca is a global, science-led biopharmaceutical company that focuses on the discovery, development and commercialisation of prescription medicines, primarily for the treatment of diseases in three therapy areas - Oncology, Cardiovascular, Renal & Metabolism and Respiratory. AstraZeneca operates in over 100 countries and its innovative medicines are used by millions of patients worldwide. For more information, please visit http://www.astrazeneca.com and follow us on Twitter @AstraZeneca. Media Contact: Kathleen GohDirector of Communications, Asia Area, AstraZenecaTel: +65 81815128Kathleen.Goh@astrazeneca.com Video - https://cdn4.prnasia.com/002071/mnr/video/20191014AstraZeneca.mp4 Related Links :https://www.astrazeneca.com
  • Hangzhou highlight: 2019 Walk and Prayer for Good Luck holds opening ceremony for Blessing for Health event
    HANGZHOU, China, Oct. 15, 2019 /PRNewswire/ -- On the morning of October 13, 2019, the organizers of Walk and Prayer for Good Luck hosted the opening ceremony for its Blessing for Health event at Hangzhou's famous landmark, Grand Canal World, better known by the romanization of its Chinese name, Yunhe Tiandi. Over 300 outdoor sports enthusiasts gathered on the Grand Canal. They set out from Yunhe Tiandi, walking along a promenade that bordered the canal and through the Qiaoxi and Xiaohe Historical and Cultural Blocks, part of a three-block-long stretch known for its preservation of the area's local history and culture. The participants said they were engaging in the activity in response to the Chinese government's national fitness call, while expressing the pride they feel in their homeland. The event was organized by Hangzhou Canal Group Cultural Tourism Co., Ltd. and the Beijing-Hangzhou Canal (Hangzhou Section) Comprehension Protection Commission, and hosted by Jinhe Travel Agency. The event ambassador initiates the walk and opens the prayer door, following a high-intensity aerobics performance At 8:40 AM, the opening ceremony of the 2019 Walk and Prayer for Good Luck's Blessing for Health formally kicked off. Following a performance of high-intensity aerobics entitled Beauty and Force, the event ambassador made his formal appearance. This year's event ambassador, Yu Haida, is a former deputy secretary of the Party Committee and associate professor of the School of Physical Education and Health at Hangzhou Normal University. During his speech, Mr. Yu said, with the work on the Hangzhou Section of the Canal rapidly nearing completion, people who reside in the immediate area have been actively pursuing health and wellbeing, which has also proven to be a major factor contributing to the general satisfaction with life felt by the vast majority of Hangzhou's populace. Finally, the ambassador waved the flag to begin the walk and opened the prayer door. The more than 300 participants formally started on the walk. The group took off from Yunhe Tiandi, walked along the Qiaoxi and Xiaohe Historical and Cultural Blocks, finally reaching their destination, Lang Lang Art World at Dadou Road Historical and Cultural Block, a distance of 4.88 kilometers. Some participants chose the water route, first going to the end point on canal boats and returning by foot, in this case, a distance of 6.88 kilometers. Participants walked along the Canal together, experiencing canal culture by engaging in a series of activities In addition to walking along the Canal, the Walk and Prayer campaign identified several points of interest along the three historical and cultural blocks. Participants arrived at the points as indicated in the campaign manual and took part in the scheduled activity, winning a special coupon handed out by the organizers. Those who engaged in all of the scheduled activities and collected the complete set of coupons earned an exquisite prize once they had reached the final destination. At Yunhe Tiandi, participants got to know each other by engaging in the activities, exchanging tips about fitness and health care. In Qiaoxi Historical and Cultural Block's Fanghuichuntang, several of the city's leading traditional Chinese medicine (TCM) doctors offered free consultations based on feeling the person's pulse, a key indicator of health according to TCM, while fielding questions concerning health and wellbeing. Those who received the free consultations also were given a small gift. Further on, at Lang Lang Art World, participants walked through an exhibit of the famous musician's trophies alongside a curation of products based on the city's unique culture and traditions, while enjoying musical selections from Lang Lang's latest album. Several participants who had joined the event in the past explained that the Walk and Prayer for Good Luck has been held for many years, with ever-changing themes and forms. It has been one of the most popular outdoor activities for Hangzhou's denizens, combining hiking, a sport that has recently spiked in popularity, with the traditional culture of the city. View original content:http://www.prnewswire.com/news-releases/hangzhou-highlight-2019-walk-and-prayer-for-good-luck-holds-opening-ceremony-for-blessing-for-health-event-300938427.html
  • "Fujian Brand Haisixing" Helps Fujian Products Going Out
    MANILA, Philippines, Oct. 15, 2019 /PRNewswire/ -- As one of the overseas economic and trade exchanges and cooperation projects supported by the Fujian Provincial Department of Commerce, "Fujian Brand Haisixing" series of activities in 2019 was held in Manila, Philippines on October 10-12 as its second stop. The event relied on the 2019 Philippine International Fashion Textile Exhibition and the Philippine Sports Industry and Sports Fashion Show. "Fujian Brand Pavilion" demonstrated the overall image of Fujian Province, showed Fujian's good business environment and achievements from the implementation of the reform and opening up policy, and exhibited the Fujian enterprises and products. 40 (with 53 booths) enterprises participated in the exhibition, including clothing, textile fabrics, sporting goods and other industry brands, such as Fujian Rongyao Fitness Equipment Co., Ltd., having reached an turnover intention of 200,000 US dollars with the Philippines Yongya Holdings Investment Co., Ltd.. The exhibition received about 4,000 visitors, 1500 buyers, with an intentional sales of about 6.5 million US dollars. On October 11th, the trade and economic matchmaking meeting was held at the SMX Exhibition Hall in Manila, Philippines. Six well-known Philippine business associations were invited on site, and more than 20 representatives of Fujian enterprises and Filipino merchants attended the meeting for negotiation. Three delegates represented the company and introduced the latest products. Fujian enterprises also held face-to-face negotiations with representatives of Filipino merchants to achieve targeted coordination. The Philippine economy ranks third in ASEAN, and it's Fujian's second largest trading partner, the largest exporter and the fifth largest source of imports in ASEAN. In 2018, the total amount of import and export trade between Fujian and the Philippines was 47.58 billion yuan, accounting for 3.9% of the province's total, 22.5% of the ASEAN. The organizers hope to promote Fujian products and expand the Philippine market through various activities, deepen the exchanges with the Philippines and its neighbouring countries, as well as the two-way trade and investment. As an important eastern starting point of the ancient Maritime Silk Road and the core area of the 21st Century Maritime Silk Road, Fujian has achieved fruitful results in trade and cooperation with countries and regions along the "Haisi" countries in recent years. The Fujian Provincial Department of Commerce relied on the national exhibition along the "Haisi" countries, and held the "Fujian Brand Haisixing" series of activities for five consecutive years, which achieved positive results and was well received by the Ministry of Commerce. "Fujian Brand Haisixing" in this year adds "Fujian Brand Pavilion", deeply connects the national market along the "Haisi" countries. It will go to exhibit in Nigeria, Vietnam, Turkey, Malaysia and other countries in the future.
  • Furniture China 2019 Shows a Notable Growth in Its 25th Anniversary
    SHANGHAI, Oct. 15, 2019 /PRNewswire/ -- The 25th edition of China International Furniture Expo (also known as Furniture China 2019) ended on a considerable high note, in terms of visitor quality, exhibit range and the business touches. Furniture China was organized by Shanghai Sinoexpo Informa Markets International Exhibition Co. Ltd. Exhibiting for 4-day with its concurrent shows - Maison Shanghai and Furniture Manufacturing & Supply China (FMC China) - Furniture China has welcomed 170,057 attendees from 160 countries and regions, which indicates a growth by 2.15% compared with the year of 2018. The number of overseas visitors reached 21,078, showing a 0.6% decrease. Furniture China seeks to set up an efficient portal for diversifying market of furniture export and strengthen global coordinate business fair under current trading environment. This year, furniture and material suppliers from France, Belgian, Italy, United States, United Kingdom, Malaysia, Japan, South Korea, and other countries brought their latest products. Up to 562 new brands were showcasing with Furniture China this September, including 42 new design brands (out of 131). The exhibition hall for international brands grew by 666 square meters. The co-located FMC China exhibited with 10 halls of 40,000 square meters. 730 brands showcased products categories in range of premier material, leather, hardware, panels & surface decor, coating & adhesive, latex & materials, upholstery machinery, and design fabric. Seeing the recognition of the raising value found in creative furnishing products, more visitors from Furniture China have visited the concurrent Maison Shanghai, compared with 2018. During the whole session, the exhibition welcomed 46,000 visitors, including manufacturers, retailers, product/interior designers, architectures, and end-users, figuring a remarkable result in this new edition. Celebrating the 30th anniversary of China National Furniture Association (CNFA) and the 25th anniversary of Furniture China, the organizers - CNFA and Shanghai Sinoexpo Informa Markets sent their best appreciations to the great contributors, loyal exhibitors and business partners worldwide. 10-year Exhibitor Awards were given to 45 exhibitors (out of 416) for their first 10 years at Furniture China; 15-year Exhibitor Awards were given to 27 exhibitors (out of 74); and 2 enterprises - KUKA and KODA - were honoured with 20-year Exhibitor Awards. Also, the 2019 Gold Idea Design Award, China Furniture Product Innovation Awards, Green Construction Awards, and "JINCHI PRIZE" were given to award the admiring milestone of furniture design, recyclable materials used on booth construction, and special projects and elites in interior design. Three featured events - History and Future, Home Plus, and Color of Furniture - together connected visitors with innovative design solutions for living spaces as for Chinese design. Muse in Décor and R.E.Design showcased the solution of the redesign of raw materials to further help material suppliers elevate the value of these primary products. Besides, the new work of Peter & Charlotte Fiell: Contemporary Chinese Furniture Design - A New Wave of Creativity has been a good reference to read about Chinese furniture design. The new version of Maison Business School brought up 6 forums concentrating on over 20 topics onsite; and 53 courses lecturing the latest trends of interior design are already put online and could be sourced from WeChat. One other newly released digital products - JJGLE EZBUY - focuses on fast and efficient online B2B experience for global buyers to source from high standard exhibitors at Furniture China. The number of registered members has touched 60,000 by the end of the four-day exhibition, and it also showed a growth of daily inquiries, reaching over 3,600 since its first release in April 2019. Furniture China 2020, SNIEC Pudong (Shanghai), 8-12 September 2020Maison Shanghai 2020, SWEECC Pudong (Shanghai), 8-11 September 2020 Photo - https://photos.prnasia.com/prnh/20191015/2610941-1-a?lang=0 Photo - https://photos.prnasia.com/prnh/20191015/2610941-1-b?lang=0 Photo - https://photos.prnasia.com/prnh/20191015/2610941-1-c?lang=0
  • Consulting for the Results: First Chinese Consulting Firm Kmind Presents Case Study at NACRA 2019
    PHOENIX, Oct. 15, 2019 /PRNewswire/ -- Kmind Consulting("Kmind"), China's benchmark competitive strategy consulting firm, was invited to present "Consulting for Results: An Experiment of Kingmind on companies in China", providing a unique insight on international business for the consulting industry. The invitation marks the first time a Chinese consulting company has been invited to present at the North American Case Research Association ("NACRA") in its 61-year history. This year the annual conference was held in Phoenix, Arizona between October 10-12. The milestone invitation is the latest Kmind has received to share a Chinese perspective on competitive strategy consulting, following earlier invitations to the 3rd Sino-American Venture Capital Summit along with 2018 Berkshire Hathaway Annual Shareholders Meeting and 2019 London Business School China Business Forum (CBF). Founded in 1958, NACRA is a not-for-profit organization, comprised of over 500 international researchers, case writers, and educators, mostly from business disciplines. The association supports research, writing, and teaching of business cases, and publishes a quarterly Case Research Journal containing leading business cases. NACRA also published cases through their publishing partners, including Harvard Business School Press, Ivey, The Case Centre and McGraw-Hill, among others. More than 300 professors and scholars from global universities were invited to discuss and analyze business cases. Global business professors were discussing shortlisted cases "We are honored to be featured at NACRA's annual conference. This reflects the growing recognition of Kmind's evolutionary consulting mindset 'Consulting for results' in prominent overseas academic circles," said Xie Weishan, chairman and co-founder of Kmind Consulting. "We believe Kmind's innovations in consulting enable the industry to meet the needs of today's businesses better while promoting international business development." Kmind believes the integration of knowledge is essential to success. Each business theory has boundaries in its application. Therefore, success with a single method is hard to achieve. In its implementation of a novel methodology that fuses wisdom from eastern thinkers including Sun Tzu and Lao Zi, Western management experts such as A.I., Ries; Jack Trout; Peter Drucker, and decades of consulting experience in the Chinese market, Kmind has cultivated a unique consulting approach. Regarding itself as a business partner, Kmind's three-stage philosophy delivers value by focusing on strategic, operational and management outcomes. At the conference, Liu Xuewei, deputy editor-in-chief of Business Review, a leading Chinese business journal, and author of "Consulting for Results: An Experiment of Kingmind on companies in China," shared Kmind's exploration and insights into the solutions for companies to achieve significant growth, which was well-received by the scholars and professors. Michael Goldman, VP of NACRA and Associate Professor of Management, was among the scholars who were intrigued by Kmind and its clients. "I am glad to see the first Chinese consulting company coming to share its business cases in the conference's 61 years history. Kmind has helped numerous Chinese companies go international through their innovative approach, but this moment proves that Kmind has gone international itself. Its roadmap to the international stage will further inspire the consulting companies around the world," he said. Professor William Wei, Associate Dean of Business School of MacEwan University and head of China Section of NACRA, said "In many cases, consulting companies are the unsung contributor behind successful business cases. We hope that, by inviting Kmind to the conference, its innovative approach to business management will grab the attention of global scholars and global leading companies alike for them to jointly seek management techniques for a new era of diverse business needs. NACRA 2019 schedule Embodying the next generation of consulting, Kmind has helped over ten companies achieve significant growth in the past five years. Five clients have exceeded 10 billion yuan in revenue and nine are positioned as leaders within their industry. Kmind also advocates the study of Chinese management concepts through practical business cases. Six Kmind cases were selected in China's top 100 case studies of excellent management and are regarded as exemplary applications of Chinese business theory. In addition, Kmind's chairman, Xie Weishan, was invited to deliver a keynote alongside HSBC, UBS, and Tencent during the 2019 London Business School CBF. During the forum, Kmind received widespread recognition from other enterprises regarding their deepening influence in the European market. "Chinese companies are emerging on the world stage. China's unique business ecology and the millennial business philosophy is an embodiment of Chinese cultural output and is a significant contributor to the global discourse on the world business consulting community," said Xie Weishan. View original content to download multimedia:http://www.prnewswire.com/news-releases/consulting-for-the-results-first-chinese-consulting-firm-kmind-presents-case-study-at-nacra-2019-300938401.html
  • Bupa Global partners with award-winning artist to bring you Hong Kong Voice note Art
    HONG KONG, Oct. 15, 2019 /PRNewswire/ -- Bupa Global, the international health insurance arm of Bupa, was the principal partner of the 15th edition of the Asia Contemporary Art Show in Hong Kong from October 4 - 7, 2019. Amrita Sethi, an award-winning artist, was invited to the event to showcase her work 'Hong Kong Voice note Art', which encapsulates the beauty and spirit of Hong Kong by taking the shape of a soundwave and the iconic skyline. Visitors were given the opportunity to create their own piece of art by using voice recordings to create sound wave patterns, merging art with technology in a unique and exciting way. They were encouraged to record inspirational messages and affirmations in recognition of the positive impact art can have on our mental health and wellbeing. Good mental health is fundamental to physical and emotional wellbeing. Mental wellness has gained higher awareness in the society in recent years, but the pressure to be 'always on' in this extremely dynamic city can lead to mental health issues such as stress and exhaustion at work, school or at home. Angus Slater, Managing Director in Bupa, Hong Kong, said: "As a leading healthcare business, we're focused on investing in the health of our customers. We recognise the powerful contribution the arts can make to our wellbeing, which is why we're delighted to partner with the Asia Contemporary Art Show in 2019. We hope this partnership will improve access to the arts for our people, our customers and communities across Hong Kong and beyond, helping them to live longer, healthier, happier lives". The sponsorship coincides with Bupa Global's latest Live Your Best Life campaign and reflects Bupa's wider corporate and social responsibility commitment to its customers, employees, and the wider society and environment. Bupa Global actively supports customers' lifestyle by giving them world-class health cover, both at home and wherever in the world they choose to be treated, within their area of cover. With direct access to leading specialists worldwide, freedom to choose where to receive day-to-day private healthcare, and benefits designed to support both body and mind, the plans go further. Having such extensive cover helps give them the confidence to do what they want to do and to live their best life. Angus said: "There is an expanding body of research to support the case that art has a positive impact on our mental health and wellbeing, and that the arts can help people stay well, recover faster, and experience a better quality of life. At Bupa, we want to help the communities to recognise the importance of mental wellbeing, to promote a positive attitude in life and encourage people to pursue the things that excite them and make them who they are." ENDS Notes to editors The Asia Contemporary Art Show is the longest-running and most intimate hotel art fair in Asia, bringing works to Hong Kong twice a year. Presented across 65 art living spaces are the most dynamic contemporary art being produced today, including over 1,500 original paintings, limited editions, sculpture, and photography. Amrita Sethi is an award winning artist, born and raised in Kenya. Amrita is a British citizen of Indian origin. She has lived in Dubai since 2007 and has also resided in Zimbabwe, Uganda, the United Kingdom and Switzerland. Her international diversity is reflected in her art. Hong Kong Voice note Art © Amrita Sethi - Art by Amrita Bupa Global – "LIVE YOUR BEST LIFE" advertising campaign About Bupa Bupa's purpose is helping people live longer, healthier, happier lives. With no shareholders, our customers are our focus. We reinvest profits into providing more and better healthcare for the benefit of current and future customers. Health insurance accounts for the major part of our business with 16.7m customers and contributes around 75% of revenue. We operate clinics, dental centres and hospitals in some markets, with around 15m customers. We care for around 22,300 residents in our UK, Australia, New Zealand and Spain aged care businesses. We directly employ around 80,000 people, principally in the UK, Australia, Spain, Poland, Chile, New Zealand, Hong Kong, Turkey, the US, Brazil, the Middle East and Ireland. We also have associate businesses in Saudi Arabia and India. Bupa Global is the international health insurance arm of Bupa, serving 2 million customers around the world. We provide products and services for globally minded and mobile people who want the most premium coverage and access to the healthcare they need anytime, anywhere in the world, whether at home or when studying, living, travelling or working abroad. For more information, visit http://www.bupa.com. Photo - https://photos.prnasia.com/prnh/20191003/2600492-1-a?lang=0 Photo - https://photos.prnasia.com/prnh/20191003/2600492-1-b?lang=0
  • CapBridge Introduces Retail Investor Access to Private Equity Products in Guided and Phased Approach; Move Further Opens Up Participation in Private Markets for Retail Investors
    SINGAPORE, Oct. 15, 2019 /PRNewswire/ -- Singapore global private markets platform CapBridge Pte Ltd ("CapBridge") today announced that it will be extending access to its private capital platform to retail investors. This comes after CapBridge received approval to extend its activities beyond Accredited Investors and Institutional Investors in order to further lower the barriers of private equity investing for Singapore investors. The new platform has the following features: Retail investors can now participate on the CapBridge private markets platform to invest in late stage growth and pre-IPO deals through the proprietary "Preferred Access" investment structure. The "Preferred Access" investment model focuses on certain private equity investment deals, in particular: Pre-IPO or late-stage growth private companies with firm exit or liquidity plans (e.g. IPO, trade sale, M&A); Convertible or redeemable securities with a clearly-defined structure for return on investment; and / or Co-investments alongside expert lead professional investors (typically Accredited Investors[1] or Institutional Investors) who are investing on the same terms. Retail investors participating in "Preferred Access" deals on CapBridge do not need to be Accredited Investors, they simply need to meet CapBridge's onboarding requirements as well as declare their net assets prior to investing. This means that Retail investors can, for the first time, view ongoing "Preferred Access" investment opportunities on CapBridge; such as ST Integrated Engineering, which has recently announced that it is raising S$4.0m and has agreed to buy back its share at 130% of the value of investment by investors during this fundraising campaign, at the end of 3 years if there is no liquidity event by then. Investors seeking above-market returns have typically looked to investing in private companies. Such private equity opportunities are typically not accessible to individuals as these are traditionally limited to Accredited Investors. Johnson Chen, founder and CEO of CapBridge, said, "For decades now, private investments have offered the strongest relative returns as compared to the public listed markets. Data shows that top-performing institutions have been long-time allocators to private markets, gaining from the outperformance. With technology and intelligent deal-sharing, we are now able to better offer and lower the barriers of investing so that more investors can participate in private growth opportunities. This is timely given the relatively more volatile global economy today." In its latest report[2] on private markets, McKinsey & Company found that private equity's net asset value has grown more than sevenfold since 2002, twice as fast as global public equities. The report noted that the number of publicly traded firms in the United States fell by 16 percent from 5,100 to 4,300, with some large investors now allocating to private markets in order to get diversified exposure to global growth. Retail investors and Accredited Investors on the CapBridge platform who opt to be treated as retail investors may now participate in private equity investments via the CapBridge "Preferred Access" structure. Preferred Access Designed For Private Equity Investments For Retail Investors Retail investors who wish to get exposure to private equity in "Preferred Access" deals on CapBridge do not need to be Accredited Investors. These retail investors simply need to meet suitability requirements via clearing a "financial knowledge and experience checklist" or "suitability assessment", as well as declare their net assets and financial assets prior to investing[3]. Upon qualifying, retail investors can proceed to view and express interest in the opportunities available via the "Preferred Access" structure - either in a single deal or across multiple deals. Unique Structure To Balance Rewards and Risks for Retail Investors With the "Preferred Access" structure, CapBridge is able to curate a specific type and size of private equity deals that have a plan for an exit or liquidity and therefore may be more suitable for retail investors. Traditionally, private equity investments are considered more high-risk than investments in public markets, and CapBridge tackles this by using the "Preferred Access" structure to better address, but not completely remove, some of these risks, including but not limited to, 'holding risk', 'concentration risk'and 'disclosure risk'. The investments by retail investors will be carried out by way of a special purpose holding vehicle. This vehicle shall invest in and hold the same underlying assets as other Accredited Investors and Institutional Investors who have opted to invest in the private equity deal offered on the CapBridge platform. This structure is designed for ease of understanding by retail investors, as well as added investment protection. To strive towards a balance between risk and potential returns, CapBridge has also set pre-determined annual investment limits for retail investors' capital exposure. Under Preferred Access, investors may invest up to S$10,000 in each opportunity, with a maximum aggregate investment limit of S$200,000 or 10% of their net assets (whichever is lower) in a single financial year. Compared to the typical minimum investment amount of S$500,000 for private equity investments, Preferred Access now enables investors to commit smaller amounts across multiple deals to diversify their portfolios. Johnson Chen added, "As a responsible investment platform, CapBridge is adopting a cautious and consultative approach in opening up access to this space. We recognize the growing interest from retail investors in the higher potential returns offered by the private markets, and the benefits to the overall capital markets and liquidity environment that can come from increased participation in private equity. By ensuring retail investors pass a knowledge or suitability test, setting limits to capital exposure, and adopting an investment model where professional investors take the lead or where companies provide certain downside protection, we hope to facilitate retail public access to private equity in a guided, and easier-to-understand manner." Retail Investors Not Permitted To Trade Private investment opportunities on CapBridge comprise private companies raising capital for the next stage of growth, such as market expansion or an IPO. These companies are typically suited to, and interested in a partial-liquidity private listing on 1exchange - CapBridge's affiliated Recognised Market Operator and Singapore's first MAS-regulated private securities exchange. CapBridge also enables retail investors to participate in the fundraising of these growth companies. However, when these private companies undertake the private listing on 1exchange, retail investors will not have access to subsequently trade on 1exchange, unlike other Accredited Investors and Institutional Investors who have the ability to trade and the responsibility to make their own investment decisions around such trades. For example, Singapore engineering and IT solutions firm ST Integrated Engineering (STIE) is a Pre-IPO private company currently in the process of raising S$4.0m via a private listing on 1exchange by the end of FY2019. As a commitment to its plans to IPO, the company has agreed to buy back its equity at 130% of the value of investment as per its current fundraising, at the end of 3 years if there is no liquidity event by then. In addition, STIE has accepted a 32% discount to the independent full valuation provided by valuer IHS Markit. Retail investors who meet CapBridge's suitability criteria can view this opportunity on the Capbridge platform. Interested investors can visit http://www.capbridge.sg to find out more. Signing up on http://www.capbridge.sg gives investors access to view these private capital raising opportunities. About CapBridge CapBridge operates a global investment syndication platform for private opportunities. The CapBridge co-investment syndication platform serves mid-to-late stage growth companies and the funds that focus on them. Our co-investment model is built with investors in mind. We first bring opportunities to lead investors, who leverage their specific industry knowledge to conduct due diligence, negotiate value adding investment structures, and manage their portfolio positions to the desired exit. We then open up the same opportunities to co-investors as they leverage on the lead investors' expertise in specific industry fields and diligence work. Co-investors sign with the same terms as the lead investors and realize better risk-adjusted returns and a more likely exit. Companies benefit from working with lead investors who understand their sector well and can directly value- add, as well as broadening the shareholder base with co-investors who can add network connectivity and assist towards a more successful listing further down the road. The co-investment process is conducted electronically on our intelligent platform, which works ceaselessly to match deals with investors and facilitate the deal process. CapBridge has a Capital Markets Services License and is regulated by the Monetary Authority of Singapore. Singapore Exchange (SGX) is a strategic partner and shareholder. For more information on the CapBridge co-investment platform, visit http://www.capbridge.sg [1] An accredited investor refers to an individual whose net personal assets exceed S$2 million, whose financial assets (net of any related liabilities) exceed S$1 million or whose income in the preceding 12 months is not less than S$300,000; or a corporation with net assets exceeding S$10 million. [2] McKinsey's Private Markets Annual Review, available from [https://www.mckinsey.com/industries/private-equity-and-principal-investors/our-insights/mckinseys-private-markets-annual-review] [3] Where a Retail Investor has declared net assets of more than S$2 million, that Retail Investor will be given the option to be opt-in as an AI (as defined under the Securities and Future Act), by waiving his or her rights as a Retail Investor. In that event, the standard Know-Your-Client process for Accredited Investors will be performed by CapBridge, and no investment cap will be imposed. Where the Retail Investor has declared net assets of less than or equal to S$2 million, that Retail Investor will be subject to an investment cap of 10% of their net assets.  Related Links :https://www.capbridge.sg
  • Embed Is First-to-Market With the Mobile Wallet: Delivering the Next Generation in Cashless Payments for the FEC Industry
    SINGAPORE, Oct. 15, 2019 /PRNewswire/ -- Transforming the business of fun since 2001, Embed, the worldwide leader of the cashless business management systems and solutions for the amusement, entertainment and leisure industries is first to go-to-market with the Mobile Wallet, a virtual game card that can be added to the Apple Wallet (on the IOS platform) and Google Pay (on the Android platform), and used to seamlessly play games. It has the exact same functionality as the game card, but sits in the guest's mobile wallet, enabling guests to tap and reload without leaving the game, while operators drive return visits and get to know customer behaviour, usage and spend habits. Embed Is First-to-Market with the Mobile Wallet: Delivering the Next Generation in Cashless Payments for the FEC Industry This development and offer make Embed the only non-banking finance-payment or loyalty-card business and brand card that sits in the mobile wallet. "We are very excited to be the first and only FEC cashless business solution to offer the Mobile Wallet," said Renee Welsh, CEO, Embed. "This breakthrough enables any business currently using the Embed TOOLKIT system (Kiosk, game cards, smartTOUCH readers and range of business solutions) to simply add the Mobile Wallet (Mobile Portal) module to their existing business solution and offering it to their customers." "Our 'customer first' approach focuses on solutions that enable the optimum guest experience and it's the driver behind our ongoing development efforts. We know consumers don't want to use cash, or fumble with tokens, they pervasively use their Mobile Wallet to pay for everything (millennials being the largest demographic and growing uptake across all demographics) because it guarantees convenience, speed, and security. Working on a new product module for our existing TOOLKIT system that enables existing Embed customers to offer their guests the ability to register the game card in the operator's Mobile Portal (part of the Embed solution) and the option to add the game card to their mobile wallet is a win-win for the operator and their guests." said Renee. This has been this year's top-secret development project. First, Embed worked with an FEC giant on the Mobile Wallet with their internal and external development teams, as well as Google and Apple to gain compliance approval for Embed's smartTOUCH readers. "This significant breakthrough is a result of a collaborative effort with our partners and customers (the Operators, Apple and Google). We listen and work very closely with our clients, drawing inspiration from other industries, monitoring technological advancement and closely research consumer behaviour to deliver this end-result, and ultimately enabling business owners to increase profitability," said Andy Welsh, CTO, Embed. Why Go Cashless in the Mobile Wallet? Having Everything at Your Fingertips Customer retention and loyalty strategies are an integral part of a business's success plan. Embed's Mobile Wallet, part of Mobile Portal module, is simple and convenient for guests to use (not an application download; completely cloud-based), operators can bundle offers, drive repeat visits and improve customer loyalty. Tap. Repeat. Reload. Guests have very little patience for standing in line, wasting time. The immediacy of reloading the virtual game card equals greater revenue, less manpower, less hardware costs, and greater profit. Guests don't have to stand in line at the kiosk, cashier, or balance-check machine, they can increase spend and reduce dwell time by simply topping-up without leaving the game. In fact, they can reload their virtual game card anytime, anywhere. Security that Equals Peace of Mind Game card related information is protected by advanced security and encrypted mobile technology, so no more lost game cards for the guest and no risk to the operators. The Embed Mobile Wallet (via Mobile Portal) Works As Follows: Purchase and register the physical game card in the Mobile Portal (this can be done at the Kiosk or online URL via mobile). Mobile Portal shows a virtual card featuring Card Balance Check and Ticket Balance Option to add the virtual card to the Mobile Wallet. Start game play. Fun is a simple tap away. Redeem PRIZES from the Mobile Wallet. Customers can do a quick reload of their gamecards any time and anywhere, without leaving the game. The Embed team will be demo-ing the Mobile Wallet at Booth #1336, IAAPA Expo 2019 November 19-22 in Orlando, FL and schedule a demo here. About Embed: Embed is the worldwide leader of the cashless business management systems and solutions for the amusement, entertainment and leisure industries. Designed to deliver a superior guest experience, the platform is a complete integrated cashless solution for business owners to maximise revenue and operational efficiency while reducing costs. With Embed's platform, a business (single or multi-location) has real-time visibility and control across its entire operation: from guest party-planning and bookings via mobile to integrated point-of-sales, including bundles and upsell packages, a full range of games management, real-time prize inventory, game card kiosks and so much more. All integrated and accessible via mobile. With over 1,000 customers and more than 3,000 installations around the world, Embed is equipped and ready to empower Family Entertainment (FEC) businesses with direct sales, services and support anytime, anywhere. For more information, please visit http://www.embedcard.com View original content to download multimedia:http://www.prnewswire.com/news-releases/embed-is-first-to-market-with-the-mobile-wallet-delivering-the-next-generation-in-cashless-payments-for-the-fec-industry-300938383.htmlRelated Links :https://www.embedcard.com
  • Labuan IBFC: The Best Asian Captive Domicile 2019
    The midshore jurisdiction wins the Asian Domicile category for the second year running at the Asia Captive Review Awards 2019, sealing its Asian leadership in the self-insurance industry Survey by Captive Review, the industry's leading trade publication showed that 50% of all captives set up in Asia in 2018 were domiciled in Labuan IBFC SINGAPORE, Oct. 15, 2019 /PRNewswire/ -- Labuan International Business and Financial Centre (Labuan IBFC) was recognised as the best Asian Domicile for the second year in a row at the Asia Captive Review Awards recently. Labuan IBFC CEO, Farah Jaafar-Crossby (left), receiving the Asia Captive Review Awards 2019 for Asian domicile category, from Mansi Khatwani of Captive Review. Labuan IBFC wins Asia Captive Awards 2019 once again in the Asian Domicile category. The Awards, held in Singapore on 10 October, recognise and reward service providers, captive owners and risk management professionals for their exceptional services and approaches to captive insurance in the Asia region. The Asian Domicile category is awarded to the jurisdiction that demonstrates the highest standards of regulation, accessibility, efficiency and commitment in promoting the captive insurance business in the region. "We are immensely proud Labuan IBFC has won for the second year in a row - a testament of our commitment in ensuring the captive industry in Asia continues to grow," said CEO of Labuan IBFC Inc, Farah Jaafar-Crossby on the win. She added that in 2018, 50% of all captive insurance vehicles incorporated in Asia were domiciled in Labuan IBFC, testament to the leadership of the domicile in this space. This momentum is expected to continue, and as at mid-2019 the jurisdiction had already recorded six captive formations, the same number for the entire of last year, leading to a 12.8 per cent increase to US$288 million in gross written premiums in June 2019, compared with US$255 million in the same period last year. "We are honoured that our efforts in advancing awareness and growth of the captive insurance industry in the region has not gone unnoticed but more importantly, we are grateful to all our Labuan captives' owners and service providers, both of which are key elements of our thriving ecosystem. It is the collective effort of all in the industry that has enabled this win," Farah added. She went on to say that such a specialist area of insurance like captives, can only thrive with a strong and deep ecosystem, to support it. As one of Asia's fastest growing reinsurance hubs, Labuan IBFC is an ideal location for captive formations for this very reason, of course support from the banking and corporate secretarial service providers adds to the benefits of setting up in the domicile. Labuan IBFC is home to more than 200 insurance and risk management licensees and the industry Association, with the Labuan International Insurance Association being the single largest industry group in the jurisdiction. And of these 200, two Labuan players have also netted wins of their own at the Awards: Nicholas Actuarial Solutions for the Asian Actuarial Firm category and AFF Asia Pacific for the Asian Broker of the Year category. Nicholas Actuarial Solutions' Founder and Actuary, Nicholas Yeo, said the win is evidence of their clients' trust in their professional services and innovative solutions. He added, "The captive market in Asia is growing at a very fast pace, with the dynamics rapidly changing. Whilst traditional insurance risk captives remain popular, our clients have moved towards utilising captives for overall enterprise risk management, including financial risks as well as operational risks. We are the only actuarial firm in Asia that provides dedicated and comprehensive solutions to captive insurance companies." For local reinsurance brokerage firm, AFR Asia Pacific Ltd, it was their second year in a row to receive the Asia Captive Review Broker of the Year Award. "We are indeed grateful and humbled for the international recognition of the work which the AFR team has done in the specialised area of captive insurance and reinsurance business. We have been actively promoting captive insurance, particularly to qualified Malaysian insurance buyers with Labuan as the captive destination of choice," said Shaiful Arbi Abd Aziz, Chief Executive Officer of AFR Asia Pacific Ltd. Overall Labuan IBFC's insurance sector registered strong growth in 2018 with total gross written premiums posting a significant increase to US$1.7 billion, rising 19.1 per cent from the previous year, of which foreign insurance business accounted for 64.7 per cent of the total premiums underwritten. The Labuan captive business first began in the 1990s under the then Labuan Offshore Insurance Act. Since then, the segment has grown from strength to strength, becoming one of the fastest growing centres for the captive business in Asia. ABOUT LABUAN IBFC ASIA PACIFIC'S MIDSHORE INTERNATIONAL BUSINESS AND FINANCIAL CENTRE Labuan International Business and Financial Centre (Labuan IBFC), Malaysia, through our internationally recognised yet business-friendly legal framework, is the preferred international business and financial centre in Asia. Established in 1990, Labuan IBFC is regulated by the Labuan Financial Services Authority (Labuan FSA), statutory Regulator under the purview of the Ministry of Finance, Malaysia. As a midshore jurisdiction, we offer global investors and businesses the benefits of being in a well-regulated and supervised jurisdiction, which adheres to international standards of compliance in tax transparency. We also provide fiscal neutrality and certainty in a currency neutral operating environment. Labuan IBFC, located in the centre of Asia, boasts a cost-efficient enabling environment making it an ideal location for substance creation for both global businesses looking at penetrating Asia or Asian entities aiming to go global. Offering a wide range of business structures and investment solutions catered to cross-border transactions and international business dealings including fintech related solutions. We also provide services and solutions in niches such as risk management, commodity trading, reinsurance, wealth management, international business companies and Islamic financial services. Operating with clear and comprehensive legal provisions, guidelines and practice notes, enforced by a single regulator, Labuan FSA, Labuan IBFC provides an ideal jurisdiction for both corporates and high-net-worth individuals with international exposure. To keep up with everything about Labuan IBFC, follow us on Twitter or Facebook @LabuanIBFC. Alternatively, visit http://www.labuanibfc.com. MEDIA CONTACTS: Rowena Wongrowena@libfc.comTel: +60-3-2773-8977Mobile: +60-13-677-2466 Photo - https://photos.prnasia.com/prnh/20191015/2610970-1-a?lang=0Photo - https://photos.prnasia.com/prnh/20191015/2610970-1-b?lang=0 Related Links :http://www.labuanibfc.com
  • Van Don International Airport in Quang Ninh province, Vietnam named "Asia's Leading New Airport 2019"
    PHU QUOC, Vietnam, Oct. 15, 2019 /PRNewswire/ -- Van Don International Airport in Quang Ninh Province has been named "Asia's Leading New Airport 2019" at the World Travel Awards (WTA) Asia & Oceania. jwplayer.key="3Fznr2BGJZtpwZmA+81lm048ks6+0NjLXyDdsO2YkfE="   jwplayer('myplayer1').setup({file: 'https://cdn4.prnasia.com/002071/mnr/video/20191015SunGroup.mp4&#039;, image: 'http://www.prnasia.com/video_capture/2802745_AE02745_1.jpg&#039;, autostart:'false', aspectratio: '16:9', stretching : 'fill', width: '512', height: '288'}); Developed by Sun Group, and completed in late 2018, Van Don International Airport is the first airport in Vietnam to ever be honored at the WTA Asia & Oceania, often referred to as 'the Oscars of the travel industry'. The prestigious gala ceremony took place on October 12, 2019 in Phu Quoc, Vietnam and brought together hundreds of representatives from across the tourism and hospitality industry, as well as tour operators and travel agencies from countries throughout Asia and Oceania. "To be named 'Asia's Leading New Airport 2019' by the WTA Asia & Oceania is huge source of pride for us and acknowledges the far-reaching vision of Sun Group, who set out to boost both tourism and trade in Quang Ninh province by creating a truly world class international airport," said Pham Ngoc Sau, Director of Van Don International Airport. "This award will serve as motivation for us to continue to go above and beyond to ensure we always provide the highest quality of service and give our customers the best airport experience." Director of Van Don International Airport in Vietnam received the award at WTA Asia & Oceania 2019 Developed to the tune of VND7,463 billion, the airport has been designed according to the highest international standards and features state-of-the-art, modern technologies and facilities. Capable of accommodating large aircrafts (Boeing 787, 777), Van Don International Airport has a capacity of 2.5 million passengers. This will grow to 5 million passengers per year by 2030. Considered as a "new gateway to Halong Bay", the aesthetic design of Van Don International Airport Terminal pays tribute to the beauty of the Unesco World Natural Heritage site while provides travellers with ample green spaces. After eight months of operations, Van Don International Airport has welcomed more than 150,000 passengers travelling on 1,300 flights. Besides boosting tourism, the Airport is also expected to open up new trade opportunities for Quang Ninh province. The airport is already welcoming direct international routes from Shenzen, China (Donghai Airlines), Incheon, South Korea (Vietnam Airlines), and Hunan, China (Qingdao Airlines) and expects to be receiving flights from Hainan, Nanning and Guangzhou (China) as well as Japan and Thailand by the end of 2019. Meanwhile, the domestic market is scheduled for expansion with flights from Da Nang and Phu Quoc to be added by the year-end. After being named "Asia's Leading New Airport 2019" by the WTA Asia & Oceania, Van Don International Airport has put the newly developed airport on the world map of aviation. The airport will also help the Vietnam's Northeastern province of Quang Ninh to develop as a major centre for international tourism and trade. Video - https://cdn4.prnasia.com/002071/mnr/video/20191015SunGroup.mp4 Photo - https://photos.prnasia.com/prnh/20191015/2609841-1?lang=0Related Links :https://www.sungroup.com.vn
  • Royal Caribbean Announces Lelepa, Vanuatu Is Perfect For "Perfect Day"
    South Pacific Island To Be First Carbon Neutral Private Cruise Destination in the World SYDNEY, Oct. 15, 2019 /PRNewswire/ -- Vanuatu, one of the natural gems of the South Pacific, will be the new home of Royal Caribbean's newest private island destination – Perfect Day at Lelepa, Vanuatu. Vanuatu, one of the natural gems of the South Pacific, will be the new home of Royal Caribbean’s newest private island destination – Perfect Day at Lelepa, Vanuatu. The announcement of the new project was made by Vanuatu's Prime Minister, Charlot Salwai, and Royal Caribbean International President and CEO Michael Bayley. Salwai and Bayley said the destination will be created in partnership with the community of Vanuatu to showcase the distinct natural ecological beauty and diverse local culture of the island nation as well as provide employment and education opportunities. Perfect Day at Lelepa will also be built with sustainability features designed to safeguard the island's ecosystems and will be the first carbon neutral* private cruise destination in the world. Cox Architecture, a sustainable, design-focused contemporary architectural firm based in Australia, will serve as the lead architect on the project. "We believe our destinations should be sustainably designed," Bayley said. "That idea goes beyond simply protecting the ecological features of Lelepa and includes showing respect for the people and traditions that make this a special place." Vanuatu Prime Minister Salwai said, "Vanuatu is a true paradise for both our people and the visitors we welcome to our shores each year. Today marks a major step forward in our island nation's close relationship with Royal Caribbean and one that will support sustainable growth for future generations. The Ni-Vanuatu people look forward to welcoming Royal Caribbean guests from around the world to enjoy extraordinary adventures and relaxation during their Perfect Day at Lelepa." Bayley said, "Anyone who has encountered the tremendous natural beauty of Lelepa can understand why it is the perfect setting for 'Perfect Day.' Our guests who travel to the South Pacific are seeking authentic adventures and genuine relaxation, and they will find both here." Perfect Day at Lelepa will have a different look and feel from Royal Caribbean's wildly popular Perfect Day at CocoCay "because our guests around the world all have different definitions for their perfect day — and all of them are right. Our designers and nature have created the ideal South Pacific experience and we expect the results will be stunning." About Royal Caribbean International Royal Caribbean International has been delivering innovation at sea for more than 50 years. Each successive class of ships is an architectural marvel featuring the latest technology and guest experiences for today's adventurous traveler. The cruise line continues to revolutionize vacations with itineraries to more than 270 destinations in 72 countries on six continents, including Royal Caribbean's highly anticipated private island in The Bahamas, Perfect Day at CocoCay, the first in the Perfect Day Island Collection. Royal Caribbean has also been voted "Best Cruise Line Overall" for 16 consecutive years in the Travel Weekly Readers' Choice Awards. Media can stay up to date by following @RoyalCaribPR on Twitter and visiting RoyalCaribbeanPressCenter.com. For additional information or to make reservations, vacationers can call their travel advisor; visit RoyalCaribbean.com; or call (800) ROYAL-CARIBBEAN. * Royal Caribbean's Perfect Day at Lelepa will be audited and certified by an independent, third-party expert to ensure it meets the standards for carbon neutrality. Details on the extensive and innovative techniques we will employ to achieve carbon neutrality will be released soon. Photo - https://mma.prnewswire.com/media/1010045/Perfect_Day_at_Lelepa.jpg Related Links :http://www.rclcorporate.comhttp://www.royalcaribbean.com
  • Vivienne Court Trading Extends the use of Itiviti Technology to Support its Global Asian Derivatives Business
    SYDNEY, Oct. 15, 2019 /PRNewswire/ -- Itiviti, a leading technology, and service provider to financial institutions worldwide, today announced that Vivienne Court Trading (VivCourt), an Australia-based, socially conscious investment firm has extended the use of Itiviti's trading technology to support its growth. The firm trades across Asia and is expanding into China, EMEA and Brazil. VivCourt from its inception has adopted a unique corporate culture that ranks employee satisfaction and philanthropic activities as its number one core values, thus allowing its employees and board to distribute its earnings as contributions. Since 2011, VivCourt has used Itiviti technology for options trading, and now it's expanding the use of Itiviti technologies to other markets and asset classes. "Our team relies on Itiviti's trading system with sophisticated options pricing and risk components, which allows us to build the customizations that we need in terms of algorithms and gateways," said Rob Keldoulis, Founder and Managing Director, Vivienne Court Trading. "As we continue to expand our business, we need to work with a trusted vendor like Itiviti that can understand and address our needs with leading-edge trading solutions, strong sales support and services." "We are immensely proud to work with Vivienne Court Trading and thankful for their continued trust in Itiviti's solution," said Ofir Gefen, SVP, Head of APAC, Itiviti. "Itiviti's modern technology and architecture is highly flexible, which enables VivCourt to use essential trading components as well as to implement its unique strategies as needed. We look forward to strengthen Itiviti's partnerships with VivCourt and other firms in Asia, enabling them to seize opportunities faster." Itiviti is next exhibiting at Australia FIX Conference on October 17 at The Westin Sydney, showcasing its buy-side and sell-side solutions. For further information, please contact:Ofir GefenSVP, Head of APAC, Itiviti, Tel: +852-2167-1950Email: ofir.gefen@itiviti.com Agnes WongVP, Head of Marketing & Communications, APAC, Itiviti, Tel: +852-2167-1986Email: agnes.wong@itiviti.com  Vivienne Court Trading, Email: info@vivcourt.com About Vivienne Court Trading Vivienne Court Trading Pty Ltd (VivCourt) is a trading company headquartered in Sydney Australia, with offices in Brisbane, Melbourne, Amsterdam and Zurich. Founded in 2011, VivCourt trades a wide variety of products on global financial markets. These range from equities to derivatives, interest rates to currencies and commodities, and Aussie electricity to Euro power. True to its tagline 'Making money to make a difference', VivCourt believes that a business does not need to have profit as its sole objective to be a highly profitable business. After costs and bonus payments, all profits flow back to the social sector. Our bottom line: VivCourt invests in staff; staff invest in for-purpose organisations; for purpose organisations invest in society. About Itiviti Itiviti enables financial institutions worldwide to transform their trading and capture tomorrow. With innovative technology, deep expertise and a dedication to service, we help customers seize market opportunities and guide them through regulatory change. Top-tier banks, brokers, trading firms and institutional investors rely on Itiviti's solutions to service their clients, connect to markets, trade smarter in all asset classes by consolidating trading platforms and leverage automation to move faster. A global technology and service provider, we offer the most innovative, consistent and reliable connectivity and trading solutions available. With presence in all major financial centers and serving around 2,000 clients in over 50 countries, Itiviti delivers on a global scale. For more information, please visit http://www.itiviti.com. Itiviti is owned by Nordic Capital. This information was brought to you by Cision http://news.cision.com https://news.cision.com/itiviti-group-ab/r/vivienne-court-trading-extends-the-use-of-itiviti-technology-to-support-its-global-asian-derivatives,c2931674 The following files are available for download: https://mb.cision.com/Main/13830/2931674/1122962.pdf Press release in PDF format
  • Vivienne Court Trading extends the use of Itiviti technology to support its global Asian derivatives business
    SYDNEY, Oct. 15, 2019 /PRNewswire/ -- Itiviti, a leading technology, and service provider to financial institutions worldwide, today announced that Vivienne Court Trading (VivCourt), an Australia-based, socially conscious investment firm has extended the use of Itiviti's trading technology to support its growth. The firm trades across Asia and is expanding into China, EMEA and Brazil. VivCourt from its inception has adopted a unique corporate culture that ranks employee satisfaction and philanthropic activities as its number one core values, thus allowing its employees and board to distribute its earnings as contributions. Since 2011, VivCourt has used Itiviti technology for options trading, and now it's expanding the use of Itiviti technologies to other markets and asset classes. "Our team relies on Itiviti's trading system with sophisticated options pricing and risk components, which allows us to build the customizations that we need in terms of algorithms and gateways," said Rob Keldoulis, Founder and Managing Director, Vivienne Court Trading. "As we continue to expand our business, we need to work with a trusted vendor like Itiviti that can understand and address our needs with leading-edge trading solutions, strong sales support and services." "We are immensely proud to work with Vivienne Court Trading and thankful for their continued trust in Itiviti's solution," said Ofir Gefen, SVP, Head of APAC, Itiviti. "Itiviti's modern technology and architecture is highly flexible, which enables VivCourt to use essential trading components as well as to implement its unique strategies as needed. We look forward to strengthen Itiviti's partnerships with VivCourt and other firms in Asia, enabling them to seize opportunities faster." Itiviti is next exhibiting at Australia FIX Conference on October 17 at The Westin Sydney, showcasing its buy-side and sell-side solutions. For further information, please contact:Ofir Gefen, SVP, Head of APAC, Itiviti, Tel: +852 2167 1950, Email: ofir.gefen@itiviti.com Agnes Wong, VP, Head of Marketing & Communications, APAC, Itiviti, Tel: +852 2167 1986, Email: agnes.wong@itiviti.com Vivienne Court Trading, Email: info@vivcourt.com About Vivienne Court Trading Vivienne Court Trading Pty Ltd (VivCourt) is a trading company headquartered in Sydney Australia, with offices in Brisbane, Melbourne, Amsterdam and Zurich. Founded in 2011, VivCourt trades a wide variety of products on global financial markets. These range from equities to derivatives, interest rates to currencies and commodities, and Aussie electricity to Euro power. True to its tagline 'Making money to make a difference', VivCourt believes that a business does not need to have profit as its sole objective to be a highly profitable business. After costs and bonus payments, all profits flow back to the social sector. Our bottom line: VivCourt invests in staff; staff invest in for-purpose organisations; for purpose organisations invest in society. About Itiviti Itiviti enables financial institutions worldwide to transform their trading and capture tomorrow. With innovative technology, deep expertise and a dedication to service, we help customers seize market opportunities and guide them through regulatory change. Top-tier banks, brokers, trading firms and institutional investors rely on Itiviti's solutions to service their clients, connect to markets, trade smarter in all asset classes by consolidating trading platforms and leverage automation to move faster. A global technology and service provider, we offer the most innovative, consistent and reliable connectivity and trading solutions available. With presence in all major financial centers and serving around 2,000 clients in over 50 countries, Itiviti delivers on a global scale. For more information, please visit http://www.itiviti.com. Itiviti is owned by Nordic Capital. Logo - https://photos.prnasia.com/prnh/20190520/2471920-1LOGO?lang=0 Related Links :http://www.itiviti.com
  • Malaysian Champions Emerge At The Taiwan Excellence Esports Cup (TEEC) Grand Finale
    KUALA LUMPUR, Malaysia, Oct. 15, 2019 /PRNewswire/ -- Three Malaysian champions of the Taiwan Excellence Esports Cup, organized by the Taiwan External Trade Development Council (TAITRA), have finally emerged victorious, each claiming a slice of the RM113,000 pool prize from a total of 30 qualifying teams at the tournament. A total of over 30,000 visitors tuned-in online and 17,389 flocked to the grand stage to witness the final showdown during the three-day tournament. Anne Hung, representative of the Taipei Economic and Cultural Office in Malaysia comments, "In 2018, we held the Taiwan Excellence Intercollege Battleground, and it was a big success. This year we returned with new inspiration - the Taiwan Excellence Esports Cup. TEEC has come with an even greater vision, providing an international platform for Malaysian gamers to experience the best and latest esports products, as well as showcase their best teamwork during the friendly tournament in Taiwan." Over 283 team registered and an estimated 1,415 individuals participated. The tournament's ability to attract significant participation is attributed to the great support of Taiwan's brilliant esports brands including Aero, Aorus, Cooler Master, InWin, MSI, Predator, Republic of Gamers (ROG), TeamGroup, Thermaltake, Transcend, XPG, ZADAK, and ZOWIE. Their journey began in April this year as they competed tirelessly through stages to secure their place at the Taiwan Excellence Esports Cup Grand Finale. The new Malaysian champions competed in three main game titles; Counter-strike: Global Offensive (CS: GO), DotA 2 and League of Legends, with each team walking away with RM10,000. The newly crowned champions for CS: GO, team Frostfire's coach, Andrew "bali" Joseph, expressed his excitement for the team's performance yesterday evening. "We're thrilled to have lifted the trophy in this tournament. We saw a fantastic opportunity not just to compete but also gain crucial experiences that otherwise can only be found in tournaments outside of the country. We're truly enjoying this moment." For the CS: GO champion, their journey will continue in Taiwan for an all-expense-paid trip and a friendly international match. There, they will compete with other respective champions of the TEEC tournament from Taiwan, Thailand, the Philippines and India for an additional US$2,000 grand prize. TEEC 2019 Champions + Prizes Won CSGO:Champion: FrostFire (RM10,000) Dota 2: Champion: Flower Gaming (RM10,000) LoL:Champion: Pepega (RM10,000)
  • Danone brings 'One Planet. One Health' to Life through a Healthy and Engaged Workforce in Southeast Asia
    Danone is cementing the 'One Person, One Voice, One Share' programme in Southeast Asia to empower Danoners in shaping its 2030 Business & Sustainability Goals roadmaps To support inclusive diversity in the organisation, Danone is investing heavily in employee development programmes, including the Agile Organisation pilot initiative Danone is introducing a progressive parental policy to support Danoners in Southeast Asia during the first six months of parenthood, in line with the 'One Planet. One Health' vision SINGAPORE, Oct. 15, 2019 /PRNewswire/ -- Danone, parent company of iconic brands such as Dumex, Aptamil and Evian water, today announced an enhanced focus on employee well-being and engagement as part of its 'One Planet. One Health' vision in Southeast Asia. In line with Danone's belief that people are its biggest asset in achieving its mission and addressing new challenges facing the world, Danone is committed to create and maintain an inclusive, diverse and participative workplace environment. Building a healthy and engaged workforce through an innovative talent management model is integral to realising Danone's 'One Planet. One Health' vision, starting with its own employees. "I am a proud Danoner"campaign in Southeast Asia: celebrating Danoners' diversity and uniqueness Danone has launched 'One Person, One Voice, One Share', an innovative employee engagement programme to further foster company-wide engagement and increase the sense of ownership among Danoners in Southeast Asia. The 'One Voice' programme is driven by the belief that all employees should co-own the company's agenda, including by helping to define the roadmaps to implement Danone's 2030 Goals, which are aligned with the United Nations Sustainable Development Goals. To equip Danoners in participating in these conversations, the 'One Voice' programme has developed an internal platform with learning resources related to the company vision and goals, including content derived from collaborations with like-minded partners such as the UN Institute for Training and Research (UNITAR) as well as internal initiatives such as the annual 'Campus for All' event, a week-long series of learning activities to nurture local talent and help them co-lead the food revolution. Through the 'One Voice' consultations with employees in Southeast Asia, Danoners identified strongly with wanting to impact people's health locally and this has been integrated into our strategic plans for Southeast Asia through the focus on addressing iron deficiency.[1] Complementing 'One Voice' is the 'One Share' programme, which gives every employee a share in the company combined with a global annual dividend-based incentive scheme, thereby deepening a symbolic ownership mindset among Danoners. Danone, as a company that believes in inclusive diversity, recognises the uniqueness of each Danoner and invests in enhancing the added value that these differences bring to the organisation. Developing local talent and providing career growth opportunities are key components of this strategy. All Danoners have the chance to experience other markets and cultures through short-term assignments in other offices across Southeast Asia and beyond. In line with the digitalisation of the global economy, Danone is also piloting Agile Organisation, an initiative that focuses on competency development and adopting digital means of working. To demonstrate Danone's commitment to supporting employees in the workplace of the future, Danone is introducing an extensive parental policy covering pre-natal support, gender-neutral parental leave as well as post-natal support. This policy includes adapted working conditions for expecting mothers, extended parental leave of up to 18 weeks of paid leave and unpaid leave of up to six months for parents, job protection policies and flexible working schedules for parents as well as lactation rooms in all its corporate and manufacturing sites across Southeast Asia. These practices reflect Danone's support for employees during the important early days of parenthood and is with a view to encouraging exclusive breastfeeding for the first six months of life, in accordance with the World Health Organisation's recommendations. "At Danone, we prioritise the well-being of our employees. Danone's dual commitment to business success and social progress is guided by the 1972 landmark speech by our former CEO Antoine Riboud outlining a new vision of corporate social responsibility. The 'One Person, One Voice, One Share' programme is our way of inviting our employees to actively participate in co-creating and co-owning our collective future. We have also invested heavily in employee development through programmes such as short-term overseas assignments and the Agile Organisation initiative. As a sign of our commitment to support our employees into the future, our new parental policy includes flexible work-life options to help parents keep families at the centre of their life and guidance on the importance of optimal nutrition during the first six months of a baby's life. We want to be the most parent-friendly company in Southeast Asia. I am happy that our efforts have been reflected in Danone's excellent retention rates in Southeast Asia," said Normalis Mohd Sharif, Director of Human Resources, Danone Southeast Asia. Khwankaew Dhanasettakorn, SEA Product Development Team Manager Global Brand, Danone Dumex Thailand, said: "I am proud to be working for a supportive company like Danone, which values my opinion and has allowed me to have a say in the company's agenda through initiatives such as 'One Person, One Voice, One Share'. The company truly believes in employee development and the Agile Organisation pilot initiative has given me the chance to take on a regional role even though I am based in Bangkok. Not only is Danone going beyond in taking care of the employees' wellbeing, Danone cares about our family's wellbeing too. I could not ask for anything more valuable than the parental leave policy, which allows me to breastfeed my baby fully, to comfort him when he cries, to hug him as much as he wants, and to build strong parenthood bonding during the first six months with my baby." [1] Iron deficiency is the top cause of anaemia, a form of malnutrition affecting a third of children below five years old in Southeast Asia and whose symptoms may range from extreme fatigue to effects on cognitive development and productivity, according to the Global Alliance for Improved Nutrition. About Danone (www.danone.com) Dedicated to bringing health through food to as many people as possible, Danone is a leading global food & beverage company building on health-focused and fast-growing categories in three businesses: Essential Dairy & Plant-Based Products, Waters and Specialized Nutrition. Danone aims to inspire healthier and more sustainable eating and drinking practices, in line with its 'One Planet. One Health' vision which reflects a strong belief that the health of people and that of the planet are interconnected. To bring this vision to life and create superior, sustainable, profitable value for all its stakeholders, Danone has defined its 2030 Goals: a set of nine integrated goals aligned with the Sustainable Development Goals (SDGs) of the United Nations. Danone commits to operating in an efficient, responsible and inclusive manner; it holds itself to the highest standards in doing business, as reflected by its ambition to become one of the first multinationals certified as B CorpTM. With more than 100,000 employees, and products sold in over 120 markets, Danone generated €24.7 billion in sales in 2018. Danone's portfolio includes leading international brands (Actimel, Activia, Alpro, Aptamil, Danette, Danio, Danonino, evian, Nutricia, Nutrilon, Volvic, among others) as well as strong local and regional brands (including Dumex, AQUA, Blédina, Cow & Gate, Horizon, Mizone, Oikos, Prostokvashino, Silk, Vega). Listed on Euronext Paris and on the OTCQX market via an ADR (American Depositary Receipt) program, Danone is a component stock of leading social responsibility indexes including the Dow Jones Sustainability Indexes, Vigeo Eiris, the Ethibel Sustainability Index, MSCI Global Sustainability, MSCI Global SRI Indexes and the FTSE4Good Index. Photo - https://photos.prnasia.com/prnh/20191011/2602357-1?lang=0 Related Links :https://www.danone.com/
  • Danone Brings 'One Planet. One Health' to Life Through a Healthy and Engaged Workforce in Malaysia
    Danone is cementing the 'One Person, One Voice, One Share' programme in Malaysia to empower Danoners in shaping its 2030 Business & Sustainability Goals roadmaps To support inclusive diversity in the organisation, Danone is investing heavily in employee development programmes, including the Agile Organisation pilot initiative Danone is introducing a progressive parental policy to support Danoners in Malaysia during the first six months of parenthood, in line with the 'One Planet. One Health' vision KUALA LUMPUR, Malaysia, Oct. 15, 2019 /PRNewswire/ -- Danone, parent company of iconic brands such as Dumex, Dugro, Nutricia AptaGro and Evian water, today announced an enhanced focus on employee well-being and engagement as part of its 'One Planet. One Health' vision in Malaysia. In line with Danone's belief that people are its biggest asset in achieving its mission and addressing new challenges facing the world, Danone is committed to create and maintain an inclusive, diverse and participative workplace environment. Building a healthy and engaged workforce through an innovative talent management model is integral to realising Danone's 'One Planet. One Health' vision, starting with its own employees. "I am a proud Danoner"campaign in Southeast Asia: celebrating Danoners' diversity and uniqueness Danone has launched 'One Person, One Voice, One Share', an innovative employee engagement programme to further foster company-wide engagement and increase the sense of ownership among Danoners in Malaysia. The 'One Voice' programme is driven by the belief that all employees should co-own the company's agenda, including by helping to define the roadmaps to implement Danone's 2030 Goals, which are aligned with the United Nations Sustainable Development Goals. To equip Danoners in participating in these conversations, the 'One Voice' programme has developed an internal platform with learning resources related to the company vision and goals, including content derived from collaborations with like-minded partners such as the UN Institute for Training and Research (UNITAR) as well as internal initiatives such as the annual 'Campus for All' event, a week-long series of learning activities to nurture local talent and help them co-lead the food revolution. Through the 'One Voice' consultations with employees in Malaysia, Danoners identified strongly with wanting to impact people's health locally and this has been integrated into our strategic plans for Malaysia through the focus on addressing iron deficiency.[1] Complementing 'One Voice' is the 'One Share' programme, which gives every employee a share in the company combined with a global annual dividend-based incentive scheme, thereby deepening a symbolic ownership mindset among Danoners. Danone, as a company that believes in inclusive diversity, recognises the uniqueness of each Danoner and invests in enhancing the added value that these differences bring to the organisation. Developing local talent and providing career growth opportunities are key components of this strategy. All Danoners have the chance to experience other markets and cultures through short-term assignments in other offices across Southeast Asia and beyond. In line with the digitalisation of the global economy, Danone is also piloting Agile Organisation, an initiative that focuses on competency development and adopting digital means of working. To demonstrate Danone's commitment to supporting employees in the workplace of the future, Danone is introducing an extensive parental policy covering pre-natal support, gender-neutral parental leave as well as post-natal support. This policy includes adapted working conditions for expecting mothers, extended parental leave of up to 18 weeks of paid leave and unpaid leave of up to six months for parents, job protection policies and flexible working schedules for parents as well as lactation rooms in all its corporate and manufacturing sites across Southeast Asia. These practices reflect Danone's support for employees during the important early days of parenthood and is with a view to encouraging exclusive breastfeeding for the first six months of life, in accordance with the World Health Organisation's recommendations. "At Danone, we prioritise the well-being of our employees. Danone's dual commitment to business success and social progress is guided by the 1972 landmark speech by our former CEO Antoine Riboud outlining a new vision of corporate social responsibility. The 'One Person, One Voice, One Share' programme is our way of inviting our employees to actively participate in co-creating and co-owning our collective future. In Malaysia, we recently launched the 'I'm a Proud Danoner' campaign, which engages employees to share what they are passionate about as a Danone employee. We have also invested heavily in employee development through programmes such as short-term overseas assignments and the Agile Organisation initiative. As a sign of our commitment to support our employees into the future, our new parental policy includes flexible work-life options to help parents keep families at the centre of their life and guidance on the importance of optimal nutrition during the first six months of a baby's life. We want to be the most parent-friendly company in Malaysia. I am happy that our efforts have been reflected in Danone's excellent retention rates. Danone Dumex Malaysia's turnover rate of 6 percent is well below the market average of 20 percent," said Normalis Mohd Sharif, Director of Human Resources, Danone Southeast Asia. Azuin, Digital Manager, Danone Dumex Malaysia, said: "I am proud to be working for a supportive company like Danone, which values my opinion and has allowed me to have a say in the company's agenda through initiatives such as 'One Person, One Voice, One Share'. There are many opportunities for me to grow as an employee and the digitalisation of our operations will give us the chance to experience other regional markets even if we are based in our home country. I am also thankful that the company actually cares about giving me sufficient rest and more time to spend with my little one. Danone also provides a comfortable lactation room in the office to support breastfeeding mums like me." [1] Iron deficiency is the top cause of anaemia, a form of malnutrition affecting a third of children below five years old in Southeast Asia and whose symptoms may range from extreme fatigue to effects on cognitive development and productivity, according to the Global Alliance for Improved Nutrition. About Danone (www.danone.com) Dedicated to bringing health through food to as many people as possible, Danone is a leading global food & beverage company building on health-focused and fast-growing categories in three businesses: Essential Dairy & Plant-Based Products, Waters and Specialized Nutrition. Danone aims to inspire healthier and more sustainable eating and drinking practices, in line with its 'One Planet. One Health' vision which reflects a strong belief that the health of people and that of the planet are interconnected. To bring this vision to life and create superior, sustainable, profitable value for all its stakeholders, Danone has defined its 2030 Goals: a set of nine integrated goals aligned with the Sustainable Development Goals (SDGs) of the United Nations. Danone commits to operating in an efficient, responsible and inclusive manner; it holds itself to the highest standards in doing business, as reflected by its ambition to become one of the first multinationals certified as B CorpTM. With more than 100,000 employees, and products sold in over 120 markets, Danone generated €24.7 billion in sales in 2018. Danone's portfolio includes leading international brands (Actimel, Activia, Alpro, Aptamil, Danette, Danio, Danonino, evian, Nutricia, Nutrilon, Volvic, among others) as well as strong local and regional brands (including Dumex, AQUA, Blédina, Cow & Gate, Horizon, Mizone, Oikos, Prostokvashino, Silk, Vega). Listed on Euronext Paris and on the OTCQX market via an ADR (American Depositary Receipt) program, Danone is a component stock of leading social responsibility indexes including the Dow Jones Sustainability Indexes, Vigeo Eiris, the Ethibel Sustainability Index, MSCI Global Sustainability, MSCI Global SRI Indexes and the FTSE4Good Index. Photo - https://photos.prnasia.com/prnh/20191011/2602357-1?lang=0 Related Links :https://www.danone.com/
  • Danone Brings 'One Planet. One Health' to Life Through a Healthy and Engaged Workforce in Thailand
    Danone is cementing the 'One Person, One Voice, One Share' programme in Thailand to empower Danoners in shaping its 2030 Business & Sustainability Goals roadmaps To support inclusive diversity in the organisation, Danone is investing heavily in employee development programmes, including the Agile Organisation pilot initiative Danone is introducing a progressive parental policy to support Danoners in Thailand during the first six months of parenthood, in line with the 'One Planet. One Health' vision BANGKOK, Oct. 15, 2019 /PRNewswire/ -- Danone, parent company of iconic brands such as Dumex, HiQ and Evian water, today announced an enhanced focus on employee well-being and engagement as part of its 'One Planet. One Health' vision in Thailand. In line with Danone's belief that people are its biggest asset in achieving its mission and addressing new challenges facing the world, Danone is committed to create and maintain an inclusive, diverse and participative workplace environment. Building a healthy and engaged workforce through an innovative talent management model is integral to realising Danone's 'One Planet. One Health' vision, starting with its own employees. “I am a proud Danoner”campaign in Southeast Asia: celebrating Danoners’ diversity and uniqueness Danone has launched 'One Person, One Voice, One Share', an innovative employee engagement programme to further foster company-wide engagement and increase the sense of ownership among Danoners in Thailand. The 'One Voice' programme is driven by the belief that all employees should co-own the company's agenda, including by helping to define the roadmaps to implement Danone's 2030 Goals, which are aligned with the United Nations Sustainable Development Goals. To equip Danoners in participating in these conversations, the 'One Voice' programme has developed an internal platform with learning resources related to the company vision and goals, including content derived from collaborations with like-minded partners such as the UN Institute for Training and Research (UNITAR) as well as internal initiatives such as the annual 'Campus for All' event, a week-long series of learning activities to nurture local talent and help them co-lead the food revolution. Through the 'One Voice' consultations with employees in Thailand, Danoners identified strongly with wanting to impact people's health locally and this has been integrated into our strategic plans for Thailand through the focus on addressing iron deficiency.[1] Complementing 'One Voice' is the 'One Share' programme, which gives every employee a share in the company combined with a global annual dividend-based incentive scheme, thereby deepening a symbolic ownership mindset among Danoners. Danone, as a company that believes in inclusive diversity, recognises the uniqueness of each Danoner and invests in enhancing the added value that these differences bring to the organisation. Developing local talent and providing career growth opportunities are key components of this strategy. All Danoners have the chance to experience other markets and cultures through short-term assignments in other offices across Southeast Asia and beyond. In line with the digitalisation of the global economy, Danone is also piloting Agile Organisation, an initiative that focuses on competency development and adopting digital means of working. To demonstrate Danone's commitment to supporting employees in the workplace of the future, Danone is introducing an extensive parental policy covering pre-natal support, gender-neutral parental leave as well as post-natal support. This policy includes adapted working conditions for expecting mothers, extended parental leave of up to 18 weeks of paid leave and unpaid leave of up to six months for parents, job protection policies and flexible working schedules for parents as well as lactation rooms in all its corporate and manufacturing sites across Southeast Asia. These practices reflect Danone's support for employees during the important early days of parenthood and is with a view to encouraging exclusive breastfeeding for the first six months of life, in accordance with the World Health Organisation's recommendations. "At Danone, we prioritise the well-being of our employees. Danone's dual commitment to business success and social progress is guided by the 1972 landmark speech by our CEO Antoine Riboud outlining a new vision of corporate social responsibility. The 'One Person, One Voice, One Share' programme is our way of inviting our employees to actively participate in co-creating and co-owning our collective future. In Thailand, we recently launched the 'I'm a Proud Danoner' campaign, which engages employees to share what they are passionate about as a Danone employee. We have also invested heavily in employee development through programmes such as short-term overseas assignments and the Agile Organisation initiative. As a sign of our commitment to support our employees into the future, our new parental policy includes flexible work-life options to help parents keep families at the centre of their life and guidance on the importance of optimal nutrition during the first six months of a baby's life. We want to be the most parent-friendly company in Thailand. I am happy that our efforts have been reflected in Danone's excellent retention rates. Danone Dumex Thailand's turnover rate of 8 percent is well below the market average of 15 percent," said Normalis Mohd Sharif, Director of Human Resources, Danone Southeast Asia. Khwankaew Dhanasettakorn, SEA Product Development Team Manager Global Brand, Danone Dumex Thailand, said: "I am proud to be working for a supportive company like Danone, which values my opinion and has allowed me to have a say in the company's agenda through initiatives such as 'One Person, One Voice, One Share'. The company truly believes in employee development and the Agile Organisation pilot initiative has given me the chance to take on a regional role even though I am based in Bangkok. Not only is Danone going beyond in taking care of the employees' wellbeing, Danone cares about our family's wellbeing too. I could not ask for anything more valuable than the parental leave policy, which allows me to breastfeed my baby fully, to comfort him when he cries, to hug him as much as he wants, and to build strong parenthood bonding during the first six months with my baby." [1] Iron deficiency is the top cause of anaemia, a form of malnutrition affecting a third of children below five years old in Southeast Asia and whose symptoms may range from extreme fatigue to effects on cognitive development and productivity, according to the Global Alliance for Improved Nutrition. About Danone (www.danone.com) Dedicated to bringing health through food to as many people as possible, Danone is a leading global food & beverage company building on health-focused and fast-growing categories in three businesses: Essential Dairy & Plant-Based Products, Waters and Specialized Nutrition. Danone aims to inspire healthier and more sustainable eating and drinking practices, in line with its 'One Planet. One Health' vision which reflects a strong belief that the health of people and that of the planet are interconnected. To bring this vision to life and create superior, sustainable, profitable value for all its stakeholders, Danone has defined its 2030 Goals: a set of nine integrated goals aligned with the Sustainable Development Goals (SDGs) of the United Nations. Danone commits to operating in an efficient, responsible and inclusive manner; it holds itself to the highest standards in doing business, as reflected by its ambition to become one of the first multinationals certified as B CorpTM. With more than 100,000 employees, and products sold in over 120 markets, Danone generated €24.7 billion in sales in 2018. Danone's portfolio includes leading international brands (Actimel, Activia, Alpro, Aptamil, Danette, Danio, Danonino, evian, Nutricia, Nutrilon, Volvic, among others) as well as strong local and regional brands (including Dumex, AQUA, Blédina, Cow & Gate, Horizon, Mizone, Oikos, Prostokvashino, Silk, Vega). Listed on Euronext Paris and on the OTCQX market via an ADR (American Depositary Receipt) program, Danone is a component stock of leading social responsibility indexes including the Dow Jones Sustainability Indexes, Vigeo Eiris, the Ethibel Sustainability Index, MSCI Global Sustainability, MSCI Global SRI Indexes and the FTSE4Good Index. Photo - https://photos.prnasia.com/prnh/20191011/2602357-1?lang=0 Related Links :http://www.danone.comhttps://www.danone.com/
  • Plug and Play is Joined by Sanofi on its Insurtech Program in Singapore
    SINGAPORE, Oct. 15, 2019 /PRNewswire/ -- Plug and Play has announced today that the consumer healthcare business unit of Sanofi has expanded its partnership and is joining the Singapore Insurtech program, which has a focus on the HealthTech space. This builds on Sanofi's relationship with Plug and Play globally, which started earlier this year as a founding partner with the Startup Creasphere in Munich. Through this new partnership in Singapore, Sanofi seeks to work with the most innovative health and wellness startups in the world for specific pilot projects throughout their South East Asia businesses. "We are pleased to be partnering with Plug and Play in Singapore and look forward to working closely with their start-up network in accelerating digital health offerings in the consumer space, particularly in the area of stress," said John Broderick, Head of International Region, Consumer Healthcare, Sanofi. "External partnerships like the one with Plug and Play are extremely important for our business as we focus on innovation in the digital space." Sanofi joins Plug and Play for their third Insurtech accelerator program, which together with their Fintech program is currently accelerating 20 startups from across the world. Corporate partners in the program have the chance to dictate the focus of each batch, giving them the ability to target specific areas of their business and search for different solutions. With the addition of Sanofi, Plug and Play now works with eight corporations in their Fintech and Insurtech programs, including MSIG, Krung Thai Bank, and Tokio Marine. "The organization, drive, and focus from the Sanofi team here have been exemplary, and we're very excited to see their progression throughout this current accelerator program and beyond. It's always great to expand our relationships with companies on a global scale, and having Sanofi as one of our partners for our Singapore Insurtech program truly establishes our desire and focus to improve the future of regional healthcare," said Kayvon Deldar, the Head of Insurtech and Fintech in Singapore. Plug and Play Singapore serves as the regional hub for Plug and Play's corporate innovation and venture investments in Southeast Asia. They currently run three programs, focused on Insurtech, Fintech, and Mobility. For more information on how to get with involved with Plug and Play in Singapore, please email finsg@pnptc.com About Plug and Play Plug and Play is a global innovation platform. Headquartered in Silicon Valley, we have built accelerator programs, corporate innovation services and an in-house VC to make technological advancement progress faster than ever before. Since inception in 2006, our programs have expanded worldwide to include a presence in over 20 locations globally giving startups the necessary resources to succeed in Silicon Valley and beyond. With over 10,000 startups and 300 official corporate partners, we have created the ultimate startup ecosystem in many industries. We provide active investments with 200 leading Silicon Valley VCs, and host more than 700 networking events per year. Companies in our community have raised over $7 billion in funding, with successful portfolio exits including Danger, Dropbox, Lending Club and PayPal. Our Singapore office was launched in 2010 to invest in high tech startups in the region. Since then we have invested in more than 30 startups and have collaborated with various agencies of the Singapore and Indonesian governments, as well as partnered with multinational and regional corporations to run industry-specific accelerator programs. For more information, visit http://www.plugandplaytechcenter.com/singapore or email finsg@pnptc.com
  • CanAm Enterprises Has Repaid Its 40th EB-5 Investment Project
    TAIPEI, Oct. 15, 2019 /PRNewswire/ -- CanAm Enterprises ("CanAm") is pleased to announce that its 40th EB-5 project – the Molina Healthcare Project – has repaid in full and early. EB-5 investors in the Molina Healthcare Project joined the 2,600 other EB-5 investor-families that have already been repaid by CanAm's projects to date. The $34.5 million EB-5 investment financed the redevelopment of the Press-Telegram Building and Meeker Baker Building in Long Beach, CA, which contain a combined 209,702 rentable square feet of Class-A office space that is leased entirely to Molina Healthcare, a Fortune 500 company which provides services to patients through state and federally operated healthcare programs. The completion of the project enabled Molina Healthcare to hire new full-time employees to service its expanding national operations and clientele. The Molina Healthcare Project has created a significant number of new jobs in California and has stimulated the state's economy. The successful development of the Molina Healthcare Project and associated job creation is expected to enable all EB-5 investors to receive permanent residency in the U.S. "We are thrilled to reach such a great milestone and further establish our track record, which is an industry benchmark," said Christine Chen, COO of CanAm Enterprises. "Our consistent approach to project sourcing and thorough due diligence is key to providing great EB-5 investment opportunities." CanAm invites everyone pursuing permanent residency in the United States to read CanAm's EB-5 Program Overview and inquire about the EB-5 Visa options through one of the various contact options. The EB-5 Immigrant Investor Program is administered by the United States Citizenship and Immigration Services (USCIS). The Program provides qualified foreign investors with the opportunity to earn "conditional" or temporary two-year visas in return for investing $500,000 (or $900,000 after November 21, 2019) in businesses located in high unemployment areas that create or retain at least ten permanent full-time jobs for U.S. workers. About CanAm Enterprises CanAm Enterprises is a leading EB-5 regional center which has a long and established track record. Basing its business on a reputation of credibility and trust, CanAm has financed nearly 60 projects and raised more than $2.8 billion in EB-5 investments. More than $1.3 billion in EB-5 capital from over 2,600 families has been repaid by CanAm's 40 projects to date. For more information, please contact:Clare Chen+16468258722clarechen@canamenterprises.comwww.canamenterprises.comRelated Links :http://www.canamenterprises.com
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