OSK Property Welcomes PeopleUp Singapore with Its First Flagship Family Entertainment Concept in Atria Shopping Gallery ACN Newswire

OSK Property Welcomes PeopleUp Singapore with Its First Flagship Family Entertainment Concept in Atria Shopping Gallery

SELANGOR, Malaysia, Sept 25, 2024 - (ACN Newswire via SeaPRwire.com) - OSK Property is excited to announce its partnership with PeopleUp, a leading multi-enrichment and play group founded in 2018 in Singapore. Together, they will introduce a brand-new regional play brand to Atria Shopping Gallery in Petaling Jaya, marking PeopleUp’s FIRST expansion beyond Singapore. This groundbreaking entertainment hub will cater to families and kids, creating a one-stop destination for fun, learning, and holistic family experiences.1. Ong Ju Xing, Deputy Group Managing Director, OSK Holdings Berhad2. Samantha Lew Pey Shin, General Manager, Group Retail Leasing, OSK Property Investment3. Chris Tan Wei Quan, Chief Executive Officer, PeopleUp4. Loh Wai Keong, Managing Director & Chief Executive Officer, Greenwillow Capital Management[L-R]The signing ceremony took place at Atria Shopping Gallery and the agreement was executed between OSK Property Investment, Group Retail Leasing General Manager Samantha Lew Pey Shin and PeopleUp Singapore Chief Executive Officer Chris Tan Wei Quan. The event was witnessed by OSK Group Deputy Group Managing Director Ong Ju Xing and Greenwillow Capital Management Managing Director Loh Wai Keong.PeopleUp has successfully set its footprint in Malaysia, thanks to its regional strategic partners, Arkwood Trustee (M) Berhad and Greenwillow Capital Management. These two companies are backed by key figures, Sunny Yeo, Chief Executive Officer and Managing Director of Arkwood Trustee, and Loh Wai Keong, Managing Director of Greenwillow.With over 16 thriving subsidiary brands in Singapore, PeopleUp has earned its reputation for delivering innovative, engaging, and memorable experiences for families. Its flagship brands, such as Bouncy Paradise - Asia’s largest inflatable playground - and Dinoland - Singapore’s first immersive and largest indoor dinosaur park with live forest, along with VroomTown, the first mega indoor drive-play city for kids, have welcomed over half a million visitors annually.Set to open in the first half of 2025, the new expansion will build upon this success, showcasing exciting, family-oriented concepts from Singapore and introducing new experiences tailored to the Malaysian market.OSK Property Investment Group Retail Leasing General Manager Samantha Lew said "At OSK Property, we are committed to curating spaces that bring value and excitement to the community. Partnering with PeopleUp is an exciting step forward in transforming Atria Shopping Gallery into a choice destination for families. This new play concept will enhance the mall’s position as a leading family-friendly venue, attracting visitors from across the region."Chris Tan Wei Quan, Chief Executive Officer of PeopleUp Singapore, expressed his enthusiasm for the expansion: "We are thrilled to bring our unique, holistic approach of family entertainment to Malaysia. The collaboration with OSK Property allows us to share our vision and passion for innovative play and enrichment with a wider audience. We are confident that this flagship will resonate with families and set a new benchmark for family entertainment in the region."Anchoring over 60,000 square feet within Atria Shopping Gallery, PeopleUp will see the creation of an exciting new flagship family destination that encapsulates a wide array of fun, entertainment, and learning experiences. The flagship will bring together six key areas designed to cater to every type of play:Kids & Toddler Play: A safe and engaging environment for younger children to explore.Sports Play: Promoting active play and physical fitness through dynamic sports activities.E-gaming and Immersive Play: Combining cutting-edge technology with play for a thrilling digital experience.Sky Play: Adventure high above the ground with elevated play areas.Water Park: A fun-filled aquatic adventure for families.Special Experiences: Unique, curated experiences that will surprise and delight visitors.In addition to these fresh and exciting concepts, PeopleUp will also introduce its popular Singapore-based attractions to Atria Shopping Gallery, tailoring them to fit the tastes and preferences of the local market.These zones will offer an all-encompassing mix of physical, mental, and sensory experiences for children of all ages, the new flagship destination will set a new standard for family entertainment in Malaysia.OSK Property’s strategic partnership with PeopleUp is a testament to the growing demand for family-centric leisure destinations in Malaysia. By combining PeopleUp's award-winning concepts with OSK Property’s vision, Atria Shopping Gallery hopes to become the top destination for families seeking fun and enriching experiences.For more information, please visit Atria Shopping Gallery’s website at www.atria.com.my and PeopleUp Singapore's website at www.peopleup.com.sg About Atria Shopping GalleryAtria Shopping Gallery is a transformation of yesterday’s beloved iconic mall in Petaling Jaya to cater to today’s more sophisticated and discerning tastes. The Shopping Gallery’s beautiful interior is inspired by the natural beauty and exquisite forms found in our tropical rainforest, creating a sense of natural opulence and an ambience that is warm and welcoming. Atria strives to offer shoppers a total experience and has in place tenants, activities and an environment that we hope will leave our shoppers feeling relaxed, inspired and enriched.About the Developer – OSK PropertyOSK Property is the property arm of the OSK Group which is a public listed company in Malaysia with an asset size over RM 10 billion. OSK Property is one of Malaysia’s leading property groups that has completed and delivered more than 50,000 properties across Malaysia and Australia. With a diverse portfolio that spans residential, commercial, hospitality, industrial and mixed-use developments, OSK Property is committed to delivering innovative and engaging spaces that enhances the way of life of communities.With each project, OSK Property continues to seek and prioritize its sustainability strategy incorporating the integration of sustainable design features, minimizing our environmental footprint by incorporating advanced technologies and infusing the natural elements such as shadow play and wind flow, and utilizing environmentally friendly materials to ensure the overall health and well-being of occupants. For further information, visit OSK Property’s website at www.oskproperty.com.myIssued By: Swan Consultancy Sdn. Bhd. on behalf of OSK PropertyFor more information, please contact:Jazzmin WanTel: +60 17-289 4110Email: j.wan@swanconsultancy.bizAsyraf HakimiTel: +60 11-23774173Email: a.hakimi@swanconsultancy.biz Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Global Advanced Metals Partners With Department of Defense to Re-Establish Niobium Oxide Production Capabilities ACN Newswire

Global Advanced Metals Partners With Department of Defense to Re-Establish Niobium Oxide Production Capabilities

BOYERTOWN, Pa., Sept 25, 2024 - (ACN Newswire via SeaPRwire.com) - Global Advanced Metals (GAM), a leading global producer of metallurgical products, is pleased to announce a new partnership with the U.S. Department of Defense (DOD) to re-establish defense-critical niobium oxide production. The project, supported by a $26.4 million award from the Manufacturing Capability Expansion and Investment Prioritization directorate, leverages GAM's existing tantalum production in Boyertown, Pennsylvania.GAM LogoThe DOD's capital contribution will accelerate the development of the United States' first niobium oxide production in over 30 years. Niobium oxide is a precursor to high-purity superalloys in advanced aircraft, rocket systems, and various other defense platforms. GAM's public-private partnership forms a key component of the DOD's ongoing efforts to solidify the U.S. aerospace and defense industrial base."GAM is proud to contribute to strengthening U.S. and allied capability by mitigating supply vulnerabilities previously exploitable by our adversaries," said GAM's CEO, Andrew O'Donovan. "Every opportunity to decrease adversarial influence over defense supply chains should be taken, and we are delighted that the DOD chose to support GAM in this endeavor.""Pennsylvania has built and powered our Nation for generations, so it's no surprise that workers in Berks County will soon produce critical minerals to make the aircraft, rocket systems, and other equipment our military needs to ensure our national security," said U.S. Senator Bob Casey (D-PA). "I advocated for our Commonwealth to tackle this critical mineral risk so that we can continue the proud tradition of supporting our warfighters and the Department of Defense as a whole.""As a former chemistry teacher and Air Force officer, I've been championing efforts on critical mineral supply chains and the importance of bringing related manufacturing back to the U.S. since I first arrived in Congress," said U.S. Congresswoman Chrissy Houlahan (D-PA). "So when I visited Global Advanced Metals (GAM) in Berks County last year, I was in awe of their state-of-the-art operations - I knew GAM and companies like them have the blueprint we need to reduce reliance on countries like China for critical minerals. I'm so thrilled to hear GAM is receiving a $26.4 million award for niobium processing and manufacturing of defense-critical materials! With this federal investment, more jobs in our community will be created and our national security will be strengthened."About GAMA leading conflict-free tantalum producer, GAM has exclusive rights to the world's largest industrial resources of tantalum ore located in Western Australia.GAM produces conflict-free tantalum powders and metallurgical products at its Pennsylvania, USA and Aizu, Japan plants for a range of industries including electronics, aerospace, automotive, medical and chemical processing.GAM's smelting facilities in Japan and the USA were first declared "Conflict-Free" in 2010 under the former EICC/GeSI Conflict-Free Sourcing Initiative (CFSI) audit program and continue to maintain their conformance to the current Responsible Minerals Assurance Process (RMAP) standard.Contact InformationKurt HabeckerSr. Marketing Managerkhabecker@globaladvancedmetals.com1 610-369-8220SOURCE: Global Advanced Metals Copyright 2024 ACN Newswire via SeaPRwire.com.
More
DEXIS Digital Ecosystem Expands With Three New Innovations To Streamline and Connect Dental Workflows ACN Newswire

DEXIS Digital Ecosystem Expands With Three New Innovations To Streamline and Connect Dental Workflows

QUAKERTOWN, PA, Sept 24, 2024 - (ACN Newswire via SeaPRwire.com) - At the start of 2024, DEXIS introduced its digital ecosystem, a suite of tools and software designed to connect and streamline the implant workflow from diagnosis to delivery.Today, DEXIS announced upgrades across the ecosystem to aid clinicians in important workflow elements from visualizing progressive dental issues to designing chairside surgical guides."Our technology makes it easy to organize information and execute treatments, which is at the core of what clinicians expect from us," said DEXIS President, Robert Befidi. "We are connecting and standardizing the implant workflow while also constantly evaluating our efforts to ensure we provide deeper patient insights and flexible, intuitive solutions that reduce complexity. These three launches are a good example of our focus on continuous innovation across the ecosystem to deliver diagnostic confidence, productivity, and smart simplicity."A brand-new X-ray platform is now available, designed specifically for general practitioners looking to expand their diagnostic capabilities with 3D imaging. Developed and produced in Tuusula, Finland, the ORTHOPANTOMOGRAPH™ OP 3D™ EX captures consistently accurate images through a straightforward, easy-to-learn workflow. The unit has a wide range of field of view sizes to support multiple clinical indications, including implant placement, endodontics, periodontics, and analysis for airway and TMJ. Early adopters of the OP 3D EX have reported positive feedback:"When choosing a CBCT, the key factors for me were a large sensor, predictable acquisition, stellar image quality and intuitive software that wouldn't interrupt my workflow," says Dr. Tyler Tolbert of Smile Now Dental Group. "Once the OP 3D EX got here and we started taking some scans, I thought to myself, ‘We really made the right choice here!'"In addition to new hardware, a brand-new software release will provide advanced tools to plan and execute same-day, prosthetically driven implants.Serving as the unifying software and central hub of the ecosystem, DTX Studio™ Clinic stores and manages all patient data as well as helps clinicians execute each step of the implant process from diagnostics to delivery.The software's new functionality allows practitioners to plan an implant treatment and generate a surgical guide chairside - all in less than three minutes. Clinicians can virtually extract teeth, adjust photorealistic abutments and crowns, and create an automated surgical guide that can be sent to a lab or produced in-house for same-day delivery."We were able to implement the OP 3D EX quickly and start taking scans largely due to the included DTX Studio Clinic software," said Dr. Nicholas Varney of Varney Dental. "Once we got going, we found that so much of the work involved in prepping a 3D scan for confident diagnosis was done by the software automatically. DTX Studio Clinic has improved how we work in all aspects - communicating with patients, implant planning and even treatment team collaboration."In addition to 3D imaging enhancements, an intraoral scanning software update offers scan quality and usability improvements as well as clear visualizations of progressive dental issues over time, through a new tool called Oral Compare. Additionally, the software's new integration with SmileFy allows for the ability to simulate treatment outcomes chairside, giving patients further confidence in proposed treatment plans.To learn more about DEXIS and the latest implant workflow upgrades, visit https://www.dexis.com.About DEXISDEXIS is the global leader in dental imaging. We bring together the most trusted brands in 2D and 3D imaging, intraoral scanning solutions, and diagnostic software, in one connected and AI-powered ecosystem. Our innovative and award-winning technologies use smart simplicity to increase productivity and enhance diagnostic confidence. For more information, please visit dexis.com.About Envista Holdings CorporationEnvista is a global family of more than 30 trusted dental brands, including Nobel Biocare, Ormco, DEXIS, and Kerr, united by a shared purpose: to partner with professionals to improve lives. Envista helps its customers deliver the best possible patient care through industry-leading dental consumables, solutions, technology, and services. Its comprehensive portfolio, including dental implants and treatment options, orthodontics, and digital imaging technologies, covers a wide array of dentists' clinical needs for diagnosing, treating, and preventing dental conditions as well as improving the aesthetics of the human smile. With a foundation comprised of the proven Envista Business System (EBS) methodology, an experienced leadership team, and a strong culture grounded in continuous improvement, commitment to innovation, and deep customer focus, Envista is well equipped to meet the end-to-end needs of dental professionals worldwide. Envista is one of the largest global dental products companies, with significant market positions in some of the most attractive segments of the dental products industry. For more information, please visit www.envistaco.com.Contact InformationMaria PenalozaMedia & Content Strategy Managermaria.penaloza@issuerdirect.comSOURCE: DEXIS Copyright 2024 ACN Newswire via SeaPRwire.com.
More
China Medical System: New Drug Application for Vitiligo Indication of Ruxolitinib Phosphate Cream Accepted in China ACN Newswire

China Medical System: New Drug Application for Vitiligo Indication of Ruxolitinib Phosphate Cream Accepted in China

SHENZHEN, Sept 24, 2024 - (ACN Newswire via SeaPRwire.com) - China Medical System Holdings Limited (the “Company”, together with its subsidiaries, the “Group” or “CMS”) is pleased to announce that on September 24, 2024, the New Drug Application (NDA) for vitiligo indication of ruxolitinib phosphate cream (the “ruxolitinib cream” or the “Product”) has been accepted by the National Medical Products Administration of China (NMPA). This is another substantial milestone for ruxolitinib cream in China, following the approval for Urgent Clinical Import by Hainan Medical Products Administration and approval for marketing in Macau for vitiligo, and it is also a key step in benefiting over ten million of patients with vitiligo in China.Ruxolitinib cream achieved positive results in Chinese Real-World Study. The primary efficacy endpoint was the proportion of patients in the treatment group who achieved F-VASI 75 response at week 24, which was 49.5%, significantly higher than the target value of 14.1% (p
More
HKTDC Export Confidence Index 3Q24: Positive exporter confidence amid solid sales ACN Newswire

HKTDC Export Confidence Index 3Q24: Positive exporter confidence amid solid sales

HONG KONG, Sept 24, 2024 - (ACN Newswire via SeaPRwire.com) – Hong Kong traders remain optimistic about their prospects with a sustained period of moderate growth believed to be underway. This was the key finding of the Hong Kong Trade Development Council (HKTDC) Export Confidence Index for the third quarter of 2024 as released today.The Index – a quarterly review of the views and expectations of Hong Kong-based traders across a broad cross-section of industry sectors – showed that, despite a slight decline compared to the second quarter, underlying sentiment remains broadly positive. In another welcome outcome, the majority of the sub-indices remained in expansionary territory, a clear indication of widespread anticipation of continued growth.Putting the overall findings into context, Irina Fan, Director of HKTDC Research, said: “Hong Kong exporters remain resilient, despite the uncertainty stemming from lingering trade tensions. Indeed, the majority of respondents reported no – or only minimal – impact from the recent round of trade restrictions and higher tariffs.”Strong sales and new ordersLooking at the findings in greater detail, the overall Current Performance Index rose by 1 point to 52.6, a development seen as reflecting strong sales and new orders, rising unit prices and expanding procurement activities. This was underlined by concurrent rises in the relevant Sub-Indices – the Trade Value Sub-Index (56.2, +2.5) and Procurement Sub-Index (57.3, +3.3). Although the Sales & New Orders Sub-Index recorded a moderate 1.8-point drop, it stayed resolutely in expansionary territory at 55.7.The Expectation Index also remained in expansionary territory at 51.4 even after a 2.9-point dip. This decrease was driven mainly by the 8.5-point decline in the Trade Value Expectation Sub-Index (down to 51.7), with traders expecting unit prices to increase only moderately.The same traders, however, remained optimistic about the outlook for sales and new orders (with a Sales & New Orders Expectation Sub-Index reading of 54.6); and look set to continue to expand their procurement activities (Procurement Expectation Sub-Index: 55.4).Overall, the findings suggest that the immediate future will be characterised by moderate, sustained export growth.Cost pressures lessen, but remain major concernIt was also apparent that costs remained the major drag on exporter confidence in the third quarter. While both the Current and Expectation Cost Sub-Index showed some improvement, scores remained at about the 35 level, an indication that exporters are still facing strong cost pressures.In terms of Current Performance, exporters have seen increased Sales and New Orders across all their key markets. With regard to outlook (Expectation), exporters were most upbeat about the ASEAN bloc (59.7) and mainland China (58.4).By industry, the third quarter saw an improvement in Current Performance across all sectors. In terms of prospects for the near-term, Clothing exporters are the most optimistic at 61.2, followed by Toys (58.7) and Jewellery (56.4).Looking to the immediate future, Nicholas Fu, Senior Economist with HKTDC Research, said: “Exporters from five out of the six key sectors expect the current positive business momentum to continue. Overall, Clothing exporters were the most upbeat, followed by those in the Toys and Jewellery sectors. While it is noteworthy that cost pressures are expected to stay high across all sectors, there is some possibility of a slight improvement further down the line.”In addition to addressing the standard index criteria, the latest survey also focused on several specific thematic questions with regard to the primary challenges facing exporters and the favoured forward strategies of participants. Responses here showed that:- High and rising costs (transport, labour, production and capital) were seen as the most significant challenges.- In order to mitigate any related risks, Hong Kong exporters intend to adopt more cautionary business strategies.- Regarding the impact of recent trade restrictions and higher tariffs on certain China-origin exports, 60% of respondents reported no impact on their business to date, while 39% expect only a moderate downside.- On the sustainability front, however, fewer than 20% of respondents were familiar with the EU's newly enacted Ecodesign for Sustainable Products Regulations (ESPR), which is expected to have a broad impact across many industry sectors.Notes for EditorsThe HKTDC Export Confidence Index was introduced in the first quarter of 2024. It is a composite of five sub-indices – Sales and New Orders, Trade Value, Cost, Procurement and Inventory – and seeks to provide a comprehensive overview of Hong Kong exporter sentiment.There are two primary / overall indices, one of which gauges the Current Performance in the present quarter, while the other considers the Expectation for the upcoming quarter via a weighted average of the following five sub-indices:- Sales and New Orders: This is an indication of overall export performance as well as the level of new export orders received by respondents. This index is compiled based on respondents' feedback regarding the prospects of each of their major export markets.- Trade Value: This focuses on tracking the movement of unit export prices.- Cost: This tracks cost pressures as they relate to day-to-day operations, including raw material prices / labour and other operational costs/ financing requirements. Compared with the other indices, it is an inverted index, with an index reading above 50 indicating a downward trend for costs, while a reading below 50 indicates an upward trend for costs.- Procurement: This is a measure of the input-buying activity of Hong Kong traders.- Inventory: This tracks the overall inventory levels held by respondents for present use and the upcoming quarter. An index reading above 50 indicates a lower-than-normal inventory level, while a reading below 50 indicates a higher-than-normal inventory level.To view this press release in Chinese, please visit http://mediaroom.hktdc.com/tcReferences- HKTDC Research website: http://research.hktdc.com/- HKTDC Export Confidence Index 3Q24: Sustained Optimism Underpinned by Strong Sales and New Orders https://research.hktdc.com/en/article/MTgwNDk1NTM5OQPhoto download: https://bit.ly/4deCzLZHKTDC Director of Research Irina Fan (left) and Senior Economist Nicholas Fu (right) announced the HKTDC Export Confidence Index for the third quarter of 2024 at a press conference todayHKTDC Director of Research Irina FanHKTDC Senior Economist Nicholas FuMedia enquiriesPlease contact the HKTDC’s Communication and Public Affairs Department:Jane CheungTel: (852) 2584 4137Email: jane.mh.cheung@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Autobrains Unveils Air2Road: Cutting-Edge Localization Technology for Automated Driving ACN Newswire

Autobrains Unveils Air2Road: Cutting-Edge Localization Technology for Automated Driving

MUNICH, GERMANY & TEL AVIV, ISRAEL, Sept 24, 2024 - (ACN Newswire via SeaPRwire.com) - Autobrains, a global leader in AI-powered automotive solutions, is pleased to unveil its latest innovation: Air2Road, a breakthrough localization technology developed to enhance the capabilities of Advanced Driver Assistance Systems (ADAS) and Autonomous Driving solutions. Powered by Autobrains' Liquid AI Technology, Air2Road delivers precise, real-time vehicle localization for safe and efficient navigation, even in challenging conditions such as occlusions, adverse weather, and complex urban environments.Autobrains' Air2Road Localization TechnologyFusing aerial images with ground images for highly precise and reliable localization.As the automotive industry accelerates toward fully autonomous vehicles, reliable and accurate localization is crucial for determining both vehicle position and the driving environment. Traditional localization systems, heavily reliant on Global Navigation Satellite Systems (GNSS) or crowd-sourced maps, face significant challenges such as limited coverage, high costs, and susceptibility to interference. Additionally, these systems rely on a single source of sensor-based information, leading to frequent errors and over-reliance on one type of input during driving."Air2Road is a game-changer for autonomous driving technology," said Igal Raichelgauz, CEO and Founder of Autobrains. "By providing multimodal redundancy and unmatched precision, Air2Road pushes the boundaries of what's achievable in vehicle navigation and safety, ensuring autonomous systems operate reliably under even in the most challenging conditions."Air2Road sets a new standard for vehicle localization by combining Signatures derived from two independent modalities - aerial imagery and ground-based perception - ensuring multimodal redundancy and accuracy. These Signatures are sparse binary hyperdimensional representations of both the driving environment and objects within it. This innovative approach overcomes many of the limitations inherent in traditional systems. These include:Multimodal Redundancy: By creating a joint representation of Signatures from two independent modalities (aerial images and ground-based data), Air2Road enables an unprecedented advantage of multimodal redundancy. Other existing systems use a fleet of vehicles with similar ground-based data sources, which increases repetitive mistakes and dependency on a single source of information.Full coverage: Unlike GNSS-based systems, Air2Road, with its Signature-based technology, continues to function effectively even under trees, bridges, between buildings, and in any other scenario with bad reception of the GNSS signal.Aerial Perception: Aerial images generate additional data layers-such as road markings, traffic signs, and obstacles-enabling safer and more efficient driving decisions and a redundancy to real-time perception.Scalable and Efficient: Traditional localization systems, such as crowd-sourced maps, require a fleet of vehicles to repeatedly traverse roads for data harvesting and building the map before the localization service becomes available for any vehicle. In contrast, Air2Road, enables the first vehicle on the road to achieve precise localization instantly, ensuring scalable deployment across various regions without compromising accuracy.Cost-Effective: Air2Road is compatible with affordable aerial imagery from multiple vendors, and its compressed Signatures technology enables large areas to be stored directly on the vehicle. This allows for a low-memory, low-bandwidth system, eliminating the need for constant cloud connectivity.Environment-Aware Path Planning: By leveraging real-time data on road conditions, traffic flow, and parking areas, Air2Road supports safer, more optimized navigation.Inspired by the human brain's ability to process multisensory information, Air2Road replicates mechanisms such as situational awareness and attention focus to ensure accurate decision-making. By filtering out irrelevant data and focusing on critical elements like road edges and buildings, the system significantly improves localization precision.With its data-driven approach and revolutionary dual-modality technology, Air2Road is poised to redefine the future of localization, facilitating safer and more reliable autonomous driving solutions.For more information about Autobrains and its cutting-edge Liquid AI and ADAS solutions, please visit autobrains.ai.Contact InformationSophia EichlerDirector of Marketingmedia@autobrains.ai+49 15167066494SOURCE: Autobrains Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Q2 Metals Drills 188.6 M Interval of Continuous Spodumene-Pegmatite and Concludes the 2024 Summer Drill Campaign at its Cisco Lithium Property, James Bay Quebec Canada ACN Newswire

Q2 Metals Drills 188.6 M Interval of Continuous Spodumene-Pegmatite and Concludes the 2024 Summer Drill Campaign at its Cisco Lithium Property, James Bay Quebec Canada

Highlights:An additional two (2) drill holes for approximately 1,188.1 metres (m) were completed during the Summer 2024 Drill Campaign and reported herein.Drill hole CS24-022 encountered 14 spodumene-pegmatite intervals, with the widest continuous interval of 52.3 m.Drill hole CS24-023 encountered 15 spodumene-pegmatite intervals, with the widest continuous interval of 188.6 m.Vancouver, BC, Sept 24, 2024 - (ACN Newswire via SeaPRwire.com) - Q2 Metals Corp. (TSXV:QTWO)(OTCQB:QUEXF)(FSE:458) ("Q2" or the "Company") is pleased to provide an update on the Summer 2024 Drill Program at the Cisco Lithium Property (the "Property" or the "Cisco Property") located within the greater Nemaska traditional territory of the Eeyou Istchee James Bay region of Quebec, Canada.The Summer 2024 Drill Campaign at the Cisco Lithium Property has concluded with a total of five (5) drill holes for approximately 2,609.9 m completed. Since May 2024, the Company has drilled a total of 6,359.7 m over 17 holes. All drill holes intercepted pegmatite with visual indications of spodumene mineralization identified."To say it's been a very productive first drill season for Q2 Metals at our Cisco Lithium Property is an understatement," said Q2 Metals President and CEO Alicia Milne. "The property continues to deliver, and we are pleased with what we're seeing and are eagerly awaiting the results from the now 13 drills holes that are yet to be reported.""We have been incredibly fortunate to be able to have built as much value in an early-stage project in four months. We have just started on the Cisco Project and look forward to receiving the assays on the holes drilled as we continue to move forward with Cisco," said Q2 Metals VP of Exploration Neil McCallum.The Summer 2024 Drill Campaign was focused on exploring the connection of the wide, continuous pegmatite zones that were encountered in holes CS24-010, CS24-018 and CS24-021. The last two holes of the season continued to confirm and expand the understanding of the main pegmatite zone.The geological team has completed the core cutting and logging of the last two (2) drill holes (CS24-022 to 023) of the Summer 2024 Campaign and the samples have been dispatched to the SGS Canada preparation laboratory located in Val-d'Or, QC for mineral analysis to confirm the presence of lithium. The visual results of drill holes CS24-022 and CS24-023 are herein reported.Summer 2024 Drilling UpdateFigure 1. Map of Drilling area, Cisco PropertyDrill hole CS24-022 was drilled on the same line as hole CS24-018 and collared 200 metres behind it, encountering 14 individual spodumene pegmatite intervals. Nine (9) intervals were greater than 10 m wide, with the widest individual interval measuring 52.3 m.CS24-023 was drilled at the same collar location as hole CS24-020 in order to test the southern strike direction of the main large continuous pegmatite zone. Drill hole CS24-023 encountered 15 individual spodumene pegmatite intervals of which eight (8) intervals were greater than 10 m wide, with the widest individual interval measuring 188.6 m.Table 1. Summary of Spodumene-Pegmatite intervals, Cisco PropertyFigure 2. Visual photo mapping the distance between hole CS24-023 and the CO1 outcrop measuring; 850 mTable 2. Summary of Drill Hole Collar Information, Cisco Property (CS24-022 to 023)The mineralized intervals in all the holes are not necessarily representative of the true width and the modelled pegmatite zones are being refined with every additional hole.Cautionary Statement: The presence of pegmatites does not confirm the presence of lithium (spodumene or other lithium minerals). Pegmatites are fractionated coarse grained igneous rocks commonly associated with lithium mineralization; however, many pegmatites do not contain mineralization. The presence of any mineralization can only be confirmed with assaying.About the Cisco PropertyThe Cisco Property is comprised of 222 mineral claims and is 11,374 hectares in size. It is located less than 10 km east of the Billy Diamond Highway, and is approximately 150 km north of Matagami, a small town that contains the closest rail link to much of James Bay. The Property lies within the greater Nemaska Community lands of the Eeyou Istchee Territory, James Bay, Quebec.The Property is situated along the Frotet Evans Greenstone Belt, comprised of a volcanic package dominated by mafic to felsic metavolcanic rocks, of the southern James Bay Lithium District, the same belt that hosts the Sirmac and Moblan lithium deposits, located 130 km and 180 km away, respectively.Sampling, Analytical Methods and QA/QC ProtocolsAll drill core samples are shipped to SGS Canada's preparation facility in Val D'Or, Quebec, for standard sample preparation (code PRP92) which includes drying at 105°C, crushing to 90% passing 2 mm, riffle split 500 g, and pulverize 85% passing 75 microns. The pulps are then shipped by air to SGS Canada's laboratory in Burnaby, BC, where the samples are homogenized and subsequently analyzed for multi-element (including Li and Ta) using sodium peroxide fusion with ICP-AES/MS finish (code GE_ICM91A50). The reported Li grade will be multiplied by the standard conversion factor of 2.153 which results in an equivalent Li2O grade. Drill core was saw-cut with half-core sent for geochemical analysis and half-core remaining in the box for reference. The same side of the core was sampled to maintain representativeness.A Quality Assurance / Quality Control (QA/QC) protocol following industry best practices was incorporated into the sampling program. Measures include the systematic insertion of quartz blanks and certified reference materials (CRMs) into sample batches at a rate of approximately 5% each. Additionally, analysis of pulp-split and reject-split duplicates was completed to assess analytical precision. The QP has verified the QA/QC results of the analytical work.Qualified PersonNeil McCallum, B.Sc., P.Geol, is a registered permit holder with the Ordre des Géologues du Québec and Qualified Person as defined by NI 43-101 and has reviewed and approved the technical information in this news release. Mr. McCallum is a director and VP Exploration for Q2.About Q2 Metals CorpQ2 Metals is a Canadian mineral exploration company focused on unlocking its portfolio of lithium projects in the Eeyou Istchee James Bay region of Quebec, Canada, that includes both its 100-per-cent-owned Mia Lithium Property and the Cisco Lithium Property.The Cisco lithium property is located approximately 150 km north of Matagami, Que., and comprises 222 mineral claims and is 11,374 ha in size. The property has district-scale potential with an already identified mineralized zone and a discovery drill result that included 120.3 metres at 1.72% lithium oxide (hole CS-23-010).FOR FURTHER INFORMATION, PLEASE CONTACT:Alicia MilnePresident & CEOAlicia@Q2metals.comTelephone: 1 (800) 482-7560E-mail: info@Q2metals.comJason McBrideCorporate CommunicationsJason@Q2metals.comWWW.Q2Metals.comFollow the Company: Twitter, LinkedIn, Facebook, and InstagramForward-Looking StatementsThis news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian legislation. Forward-looking statements are typically identified by words such as: "believes", "expects", "anticipates", "intends", "estimates", "plans", "may", "should", "would", "will", "potential", "scheduled" or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. Accordingly, all statements in this news release that are not purely historical are forward-looking statements and include statements regarding beliefs, plans, expectations and orientations regarding the future including, without limitation, any statements or plans regard the geological prospects of the Company's properties and the future exploration endeavors of the Company. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions.Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in such forward-looking statements. The forward-looking statements in this news release speak only as of the date of this news release or as of the date specified in such statement. Forward looking statements in this news release include, but are not limited to, drilling results on the Cisco Property and inferences made therefrom, the potential scale of the Cisco Property, the focus of the Company's current and future exploration and drill programs, the scale, scope and location of future exploration and drilling activities, the Company's expectations in connection with the projects and exploration programs being met, the Company's objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain necessary approvals, variations in ore grade or recovery rates, changes in project parameters as plans continue to be refined, unsuccessful exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, risks associated with regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, uninsured risks, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same. Readers are cautioned that mineral exploration and development of mines is an inherently risky business and accordingly, the actual events may differ materially from those projected in the forward-looking statements. Additional risk factors are discussed in the section entitled "Risk Factors" in the Company's Management Discussion and Analysis for its recently completed fiscal period, which is available under Company's SEDAR profile at www.sedarplus.ca.Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.SOURCE: Q2 Metals Corp. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Freedom Business Summit 2024: A Global Gathering For Entrepreneurs, Freedom Seekers, and Global Citizens ACN Newswire

Freedom Business Summit 2024: A Global Gathering For Entrepreneurs, Freedom Seekers, and Global Citizens

Estonia, Sept 24, 2024 - (ACN Newswire via SeaPRwire.com) - The Freedom Business Summit 2024 returns for another powerful edition, bringing together global citizens, entrepreneurs, and freedom seekers to explore strategies for global mobility, offshore structures, and the creation of location-independent lifestyles.Organized in official partnership with e-Residency Estonia, Incorp Indonesia, and EC Holdings Singapore, this two-day virtual summit will offer cutting-edge insights from the world’s leading experts on these emerging topics.This year’s summit aims to address key questions for those seeking personal and financial sovereignty. Over 4,000 attendees from 80 countries and 100 industries are expected to participate in live keynotes, expert-led panel discussions, and focused workshops.Topics range from relocation strategies and second citizenship to investment migration, Bali real estate opportunities, and the benefits of Estonia e-Residency for global entrepreneurs.Some of the featured speakers include:Sergei Zunajev from e-Residency Estonia, offering insights on the future of digital entrepreneurship.Max Chernov, revealing secrets to growing and building a successful YouTube channel.Show Nemoto, a mindset coach, guiding attendees on how to reprogram their minds to achieve business success.Pandu Bisramadani from Incorp Indonesia, presenting opportunities for investment and market entry strategies in Southeast Asia.Philippe A. May, founder of EC Holdings, discussing the strategic value of offshore investments.Joseph Shine, Ambassador of Palau Digital Residency, highlighting the benefits and process of obtaining Palau Residency ID.The event will focus on two main themes:- Day 1: Global Mobility, Investments, and Building Virtual Companies- Day 2: Offshore Strategies and Personal SovereigntyDenis Dovgal, the founder of Freedom Business Summit, emphasizes the importance of self-reliance in an increasingly unpredictable world:“Global mobility and personal sovereignty are no longer just dreams – they’re necessities for anyone who wants to thrive in today’s uncertain world. The strategies shared at Freedom Business Summit will empower you to navigate life on your terms.”Attendees will have access to exclusive knowledge on securing residency in emerging LATAM destinations such as Paraguay, leveraging the Flags Theory to maximize sovereignty, and creating global mobility strategies without reliance on expensive legal firms.Freedom Business Summit 2024 is the ultimate event for those committed to designing a life of freedom, on their own terms.About Freedom Business SummitThe Freedom Business Summit is an annual event that connects global citizens, entrepreneurs, and freedom seekers from across the world.The summit focuses on strategies for personal sovereignty, global mobility, offshore investments, and building location-independent businesses.The event brings together leading voices to educate, inspire, and provide actionable insights for those aiming to reclaim their freedom. For more information, visit www.freedomsummit.net.Media Contact:For all media inquiries, interviews, or sponsorship information, please contact: media@fsummit.net Copyright 2024 ACN Newswire via SeaPRwire.com.
More
The Clean Cities And Urban Development Forum 2024 – Driving Innovation For Sustainable Waste Management & Urban Development ACN Newswire

The Clean Cities And Urban Development Forum 2024 – Driving Innovation For Sustainable Waste Management & Urban Development

KUALA LUMPUR, Sept 24, 2024 - (ACN Newswire via SeaPRwire.com) - The Clean Cities and Urban Development Forum 2024 is set to take place on November 20 - 21, 2024, at the prestigious M Resort Hotel, Kuala Lumpur. This exclusive event promises to bring together global leaders, industry experts, policymakers, and innovators, all united by a shared vision of creating cleaner, greener, and more sustainable cities.More than just a conference, the Clean Cities and Urban Development Forum 2024 is a call to action. In an era marked by rapid urbanization and environmental challenges, it’s essential for cities and communities to adopt smarter and more sustainable approaches to waste management and urban development. As the world’s urban population grows, cities are facing increasing pressure to address waste generation, resource consumption, and environmental degradation. From air pollution to overflowing landfills, the challenges are clear. However, this forum will provide a unique opportunity to explore the solutions that can transform urban areas into sustainable, eco-friendly environments for future generations.Event Highlights:The Clean Cities and Urban Development Forum 2024 will focus on innovative strategies that aim to reduce waste, promote recycling, and minimize environmental impacts. This year’s theme revolves around the integration of smart technologies and zero-waste initiatives to foster urban growth through safe and effective practices.Key topics to be covered include:- Smart Technologies for Waste Management: Industry leaders will present groundbreaking solutions to optimize waste management through smart technologies such as IoT (Internet of Things), AI-powered waste segregation systems, and real-time data analytics for efficient collection and disposal. These solutions promise to revolutionize how cities manage waste while reducing costs and improving environmental outcomes.- Advanced Strategies for Waste Segregation and Recycling: Attendees will explore cutting-edge techniques for effective waste segregation and recycling that aim to significantly reduce the amount of waste sent to landfills. Best practices from cities leading the charge in sustainable waste practices will be highlighted, providing actionable insights for attendees to implement in their own municipalities.- Waste-to-Energy Innovations: One of the most exciting discussions will focus on the pioneering innovations in waste-to-energy and biogas production. Experts will demonstrate how organic waste can be converted into valuable resources such as electricity, biofuels, and compost. These technologies offer a promising pathway for cities to turn their waste problems into sustainable energy solutions.- CO2 Reduction and the Valorisation of Solid Waste: The forum will delve into advanced CO2 reduction strategies, including the valorisation of solid waste into biofuels, compost, and recyclable materials. These techniques not only mitigate greenhouse gas emissions but also create economic opportunities through the circular economy, driving sustainability forward.- Collaborative Urban Development: Attendees will also have the chance to hear from policymakers and urban planners about successful urban development strategies that prioritize sustainable growth. By integrating green spaces, energy-efficient infrastructure, and sustainable building practices, cities can reduce their carbon footprint while enhancing the quality of life for residents.Why AttendThe Clean Cities and Urban Development Forum 2024 is a must-attend event for anyone involved in the fields of urban development, environmental sustainability, waste management, and renewable energy. It is designed for those who want to stay at the forefront of sustainability innovations and urban growth strategies that align with the United Nations’ Sustainable Development Goals (SDGs).By attending, participants will not only witness groundbreaking discussions but also become part of the change driving sustainable urban growth across Asia and beyond. This is an unparalleled opportunity for stakeholders in the public and private sectors, as well as those involved in urban planning, environmental management, and technology development, to come together and shape the future of urban sustainability.Here’s what makes this forum unique:1. Access to Industry Experts: The forum will feature speakers from multi-diversified industries across Asia and beyond, providing participants with direct access to some of the brightest minds in sustainability and urban planning.2. Networking Opportunities: With a diverse group of attendees including industry leaders, policymakers, and sustainability experts, participants will have numerous opportunities to connect, collaborate, and share ideas with peers from around the world.3. Actionable Insights: Each session is designed to provide tangible takeaways that attendees can implement in their own projects or businesses. From learning how to integrate smart waste management solutions to exploring the latest advancements in waste-to-energy, this forum offers tools and strategies for real-world application.4. Future-Focused Discussions: The forum will not only address today’s challenges but will also explore emerging trends and technologies that will shape the future of sustainable urban development. From biogas production to next-generation recycling technologies, attendees will leave with a clear understanding of where the industry is headed.Keynote SpeakersThe event will showcase an esteemed lineup of speakers who are pioneers in their respective fields, offering valuable insights and strategies for sustainable development. Speakers include:- Anwar Syahrin Abdul Ajib, Managing Director & Group Chief Executive Officer at Malakoff. With extensive experience in leading sustainable energy initiatives, Anwar will discuss the role of energy in urban development and how clean energy can drive sustainable cities.- Dr. Maria Neira, Director of the Department of Environment, Climate Change, and Health at the World Health Organization. Dr. Neira will focus on the intersection of public health and sustainable waste management, emphasizing the need for cities to adopt eco-friendly waste practices to protect human health.- Tengku Erina Tengku Nasrudin, Chief Executive Officer at AECA SOLUTIONS. As a leader in environmental solutions, Tengku Erina will present on innovative strategies for waste-to-energy transformation and how cities can harness waste as a resource.- Vinod Sekhar, Chairman & Group CEO at Petra Group. Vinod will share his insights on the circular economy and how businesses can lead the way in creating sustainable, waste-free communities through innovative technologies.- Dr. Margaret Kuyor, Deputy Secretary (Circular Economy Policy) at the Urban Sustainability & Green Environment Division, Ministry of Housing & Local Government. Dr. Kuyor will discuss Malaysia’s ongoing initiatives in circular economy and urban sustainability, with a focus on policy frameworks that can foster greener cities.SessionsThe Clean Cities and Urban Development Forum 2024 will present a wide range of sessions focused on innovative waste management strategies. Topics include biological waste treatments, waste-to-energy technologies, AI-powered sludge and wastewater management, and reducing carbon and water footprints. The forum will also explore biofuel production, advanced recycling techniques, e-waste recovery, hydrogen production, and the role of municipalities in sustainability.ConclusionThe Clean Cities and Urban Development Forum 2024 is more than just an event—it’s a global platform for action. Join us to learn from the best minds in the industry, share your own experiences, and play a pivotal role in creating a cleaner, greener, and more sustainable future for urban environments across the world.About The Clean Cities and Urban Development Forum 2024The Clean Cities and Urban Development Forum 2024 is organized by CT Event Asia, a leading provider of high-level events in the field of environmental sustainability and urban development. With a focus on knowledge-sharing and fostering innovation, CT Event Asia brings together experts from diverse industries to address the most pressing challenges of our time.For more information, please contact:Amina KanteSenior Marketing ManagerCT Event AsiaPhone: +601161888699Email: amina@ctasia.com.myWebsite: https://www.cleancitiesforum.com/Registration: Early bird discounts are available until October 15th, 2024. Register at: https://www.cleancitiesforum.com/request Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Anson Receives US$330M Letter of Interest from Export-Import Bank of the United States ACN Newswire

Anson Receives US$330M Letter of Interest from Export-Import Bank of the United States

Highlights:A non-binding Letter of Interest received from the US EXIM Bank for up to US$330M in long term debt financing for the construction of a lithium production plant at the Paradox Basin in Utah, USA.US EXIM is the official export credit agency of the US Federal Government, whose objectives include strengthening America’s Supply Chains through it’s “Make More in America” Initiative.Anson continues to advance development of its globally significant lithium projects located in the Paradox Basin, Utah.NEWPORT BEACH, CA, Sept 24, 2024 - (ACN Newswire via SeaPRwire.com) - Anson Resources Limited (ASX:ASN) ("Anson Resources" or "the Company") is pleased to announce that its 100% owned US subsidiary, A1 Lithium, has received a non-binding and conditional Letter of Interest (LoI) from the Export-Import Bank of the United States (US EXIM) to provide a debt funding package of up to US$330 million (A$500 million1) for the construction of a lithium production plant in Utah, USA, under the "Make More in America" Initiative.The LoI from US EXIM represents a material step in Anson's project funding strategy and is recognition of the strong engagement the Company has had with the US Government and with industry partners in the United States.Anson's Executive Chairman and CEO Bruce Richardson commented:"We are delighted to receive this Letter of Interest from US EXIM following extensive collaboration with multiple government and industry stakeholders in the United States. This LoI reflects our continued strong development, permitting progress and community engagement efforts in the United States and Southern Utah in particular.The United States seeks to develop a domestic and reliable source of critical minerals and the Paradox Basin, which we believe is the largest source of lithium in the United States, has a significant role to play. Our DLE technology will produce one of the most environmentally friendly sources of lithium globally. This will support the development of the new energy economy, from electric vehicles to drones and defense."Anson's Chief Financial Officer Matthew Beattie commented:"This LoI reflects the Paradox Project in Sothern Utah's potential to be a major source of new, high paying jobs and stimulate investment in the region. While non-binding, the Company views the LoI as an important step in advancing our project financing plan for the development of our world class Paradox Basin projects. If finalised, the US EXIM facility will make up a substantial portion of the overall funding requirements."The LoI from EXIM does not represent a financing commitment and is a preliminary step in the formal EXIM application process. The debt financing is subject to the satisfactory completion of due diligence, the negotiation and settlement of final terms, and the negotiation of definitive documentation. There can be no assurance that the debt financing will be completed on the terms as described above or at all. The Company will update the market upon reaching a definitive agreement with US EXIM for funding support.About the Export-Import Bank of the United StatesUS EXIM is the official export credit agency of the United States of America. EXIM is an independent Executive Branch agency with a mission of supporting American jobs by facilitating the export of U.S. goods and services.As published in its 2023 Annual Report, EXIM has current exposure to US$1,476.7 billion in lending across 148 countries around the world. The default rate across the portfolio is 0.98%, reflecting the high standards of credit required to obtain EXIM financing. Furthermore, EXIM's charter requires that it supplement and encourage, not displace, private capital.For further information please contact:Will MazeHead of Investor RelationsE: investors@ansonresources.comPh: +61 7 3132 7990www.ansonresources.comFollow us on Twitter @anson_irSOURCE: Anson Resources Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Experian Launches Global Ultimate Beneficial Ownership Compliance Solution for Enhanced KYC/KYB Verification ACN Newswire

Experian Launches Global Ultimate Beneficial Ownership Compliance Solution for Enhanced KYC/KYB Verification

SINGAPORE, Sept 24, 2024 - (ACN Newswire via SeaPRwire.com) - Experian Singapore (Experian) recently introduced Global UBO (Ultimate Beneficial Ownership), a comprehensive report to the market, designed to revolutionise due diligence and compliance processes in onboarding, portfolio management, and customer lifecycle management.This innovative resource provides detailed insights and evaluations of cross-border UBOs in over 200 markets, helping small and medium enterprises (SMEs), corporations and financial institutions navigate the complexities of regulatory compliance and risk management.In an increasingly globalised and regulated marketplace, the importance of thoroughly understanding the complexities of business structures cannot be overstated. Experian’s Global UBO reports offer a standardised, detailed analysis of UBOs in one comprehensive report. These reports equip organisations with the critical information needed to make well-informed decisions, ensuring they meet the highest standards of due diligence, compliance, Know Your Customer (KYC) and Know Your Business (KYB) needs.It’s no longer only financial institutions who have to comply with UBO regulations. Regulators are bringing their rules in line with global efforts to promote beneficial ownership transparency across other sectors – namely legal, real estate, corporate service providers and accountancy.In Singapore, real estate developers with more than four units have to comply with the anti-money laundering and terrorism financing provisions. (ref https://www.ura.gov.sg/Corporate/Guidelines/Developers/Anti-Money-Laundering)“Experian Global UBO helps businesses know exactly who they are doing business with, ensuring that their business partners comply with national and international laws on money laundering (AML), bribery and corruption, and regulations related to KYC/KYB. It automates and enhances the due diligence process by providing a reliable and comprehensive UBO report,” said Kabir Khanna, General Manager, Experian Credit Services Singapore.Key benefits of the Global UBO report includes:Enhanced Due Diligence: Comprehensive evaluations help identify potential risks and ensure thorough vetting of UBOs during the onboarding process.Streamlined Portfolio Management: Leads to more effective and efficient risk management and decision-making, fostering a more secure and stable portfolio.Improved Customer Lifecycle Management: Insights ensure that organisations remain compliant with evolving regulations and maintain high standards of customer relationship management.These reports are an essential tool for financial institutions, regulatory bodies, and businesses committed to maintaining compliance and managing risk in today's complex environment. By leveraging Experian’s Global UBO reports, organisations can confidently navigate the challenges of regulatory compliance, mitigate risks, and enhance their overall operational integrity.In conjunction with the launch of Global UBO reports in Southeast Asia, Experian is also introducing a global monitoring service for Credit Reports. These are refreshed investigative credit reports produced over a predetermined period to help monitor critical business relationships in a proactive manner.For more information about Experian’s Global UBO solution and the new Global Monitoring Service for Credit Reports, please visit www.experian.com.sg.For media enquiries: PRecious Communications for Experianexperian@preciouscomms.com About ExperianExperian is a global data and technology company, powering opportunities for people and businesses around the world. We help redefine lending practices, uncover and prevent fraud, simplify healthcare, deliver marketing solutions, and gain deeper insights into the automotive market, all using our unique combination of data, analytics, and software. We also assist millions of people to realise their financial goals and help them to save time and money. We operate across a range of markets, from financial services to healthcare, automotive, agribusiness, insurance, and many more industry segments. We invested in talented people and new advanced technologies to unlock the power of data and innovate. As a FTSE 100 Index company listed on the London Stock Exchange (EXPN), we have a team of 22,500 people across 32 countries. Our corporate headquarters are in Dublin, Ireland. Learn more at experianplc.com. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Ensign InfoSecurity Recognised as Honouree in NextGen Tech 30, ASEAN’s First Public-Private Initiative to Recognise Growth Companies of the Region ACN Newswire

Ensign InfoSecurity Recognised as Honouree in NextGen Tech 30, ASEAN’s First Public-Private Initiative to Recognise Growth Companies of the Region

SINGAPORE, Sept 24, 2024 - (ACN Newswire via SeaPRwire.com) - Ensign InfoSecurity (“Ensign”), one of Asia’s largest comprehensive cybersecurity service providers, has been named an honouree in the prestigious NextGen Tech 30, the region’s first initiative spotlighting home-grown growth stage companies transforming the ASEAN economy. Organised by Granite Asia in partnership with key players such as 65 Equity Partners, DBS Bank, EDBI, Infocomm Media Development Authority, KKR, Northstar Group, Singapore Business Federation and Singapore Exchange, NextGen Tech 30 identifies companies driving exceptional innovation and growth across Automation, Enterprise Solutions, and Food Tech & Brands.Ensign’s recognition in the Enterprise Solutions category of the NextGen Tech 30 marks a significant milestone in its growth across ASEAN. This accolade reinforces the company’s leadership in cybersecurity innovation and its role in strengthening digital resilience across the region. Powered by its in-house research and development, Ensign delivers proprietary solutions designed to address the growing complexity of cyber threats. These technologies, underpinned by patented methodologies, provide cutting-edge protection for both public and private sector organisations.Since its inception in 2018, Ensign has evolved into a world-class cybersecurity company with an Asia-first approach. Acting as a single point of accountability, Ensign provides a comprehensive, threat-informed suite of services spanning advisory, assurance, architecture design, systems integration, managed security, and incident response. Leveraging AI, data science, and deep threat analysis, the company delivers tailored solutions to address the specific cybersecurity challenges faced by its clients.A key highlight of Ensign’s recent innovations is the launch of Aletheia, a cutting-edge deepfake detection solution designed to safeguard enterprises, governments and consumers from the growing threat of AI-manipulated media. Aletheia represents a significant advancement in cybersecurity, leveraging AI to detect deepfakes in real time, within seconds and achieving up to 90% accuracy."We are honoured to be named a NextGen Tech 30 honouree. This recognition underscores our dedication to pushing the boundaries of cybersecurity innovation while supporting the digital growth of the ASEAN economy. At Ensign, we are focused on developing AI-driven solutions that not only address today’s threats but also equip organisations to stay ahead of future challenges,” said Tammie Tham, Group Chief Executive Officer of Ensign InfoSecurity.The NextGen Tech 30 is backed by a panel of esteemed industry leaders and investors including Mukul Chawla, Head of Asia Pacific Growth Equity at KKR; Kok Ping Soon, CEO of Singapore Business Federation; Jenny Lee, Senior Managing Partner of Granite Asia; Lew Chuen Hong, Chief Executive of Infocomm Media Development Authority; Paul Ng, CEO of EDBI; Ng Yao Loong, CFO of SGX Group; Tan Su Shan, Group Head of Institutional Banking at DBS Bank; Adrienne Teh, Managing Director of 65 Equity Partners; Wong Chee-Yann, Group CIO at Northstar Group, further cementing the significance of this accolade.About Ensign InfoSecurityEnsign InfoSecurity is the largest comprehensive cybersecurity service provider in Asia. Headquartered in Singapore, Ensign offers bespoke solutions and services to address their clients’ cybersecurity needs. Their core competencies are in the provision of cybersecurity advisory and assurance services, architecture design and systems integration services, and managed security services for advanced threat detection, threat hunting, and incident response. Underpinning these competencies is in-house research and development in cybersecurity. Ensign has two decades of proven track record as a trusted and relevant service provider, serving clients from the public and private sectors in the Asia Pacific region.For more information, visit www.ensigninfosecurity.com or email media@ensigninfosecurity.com. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
GTJAI Successfully Assisted Shenzhen Municipal Government and Guangdong Provincial Government ACN Newswire

GTJAI Successfully Assisted Shenzhen Municipal Government and Guangdong Provincial Government

HONG KONG, Sept 23, 2024 - (ACN Newswire via SeaPRwire.com) - Guotai Junan International Holdings Limited ('Guotai Junan International', the 'Company' or 'GTJAI', stock code: 1788.HK) has always been deeply involved in the Guangdong Province's overseas bond market, and continuously provides comprehensive and high-quality services for the issuance of overseas bonds by the Shenzhen Municipal Government and Guangdong Provincial Government multiple times. It has participated in all overseas bond issuances by the Shenzhen Municipal Government and Guangdong Provincial Government in 2024, maintaining an in-depth cooperative relationship.On 8 August 2024, GTJAI, as a joint bookrunner, successfully assisted the Shenzhen Municipal Government in issuing RMB5 billion offshore RMB local government bonds in the Hong Kong Special Administrative Region. The issuance included a 2-year bond of RMB900 million at an interest rate of 2.15%, a 3-year bond of RMB2.7 billion at an interest rate of 2.20%, a 5-year bond of RMB2.4 billion at an interest rate of 2.33%, and a 10-year bond of RMB1 billion at an interest rate of 2.50%. This issuance attracted widespread attention from policy banks, commercial banks, sovereign wealth funds, insurance companies and other investment institutions. On the pricing day, there were 53 accounts placing orders, with a peak order size of RMB48 billion, resulting in an oversubscription ratio of 6.9 times.On 21 August 2024, GTJAI, as a joint bookrunner, successfully assisted the Guangdong Provincial Government in issuing RMB2.5 billion offshore RMB local government bonds in the Macao Special Administrative Region. This issuance included a 2-year special green bond of RMB1.5 billion and a 3-year special bond of RMB1 billion, with interest rates of 2.15% and 2.20% respectively. The issuance of offshore RMB bonds attracted high attention and active participation from international investors in Macao, Hong Kong, and Southeast Asian countries, with an oversubscription ratio of 2.3 times. The issuance of RMB2.5 billion offshore RMB local government bonds by the Guangdong Provincial Government in Macao on the 25th anniversary of Macao's return to the motherland has significant importance, which continuously strengthened the close ties with the Macau SAR and enhanced Guangdong Province's depth and breadth of participation in the Macao financial market.On 10 September 2024, GTJAI, as a joint bookrunner, successfully assisted the Guangdong Provincial Government in issuing RMB5 billion offshore RMB local government bonds in the Hong Kong Special Administrative Region. The issuance included a 2-year bond of RMB2 billion, a 3-year bond of RMB1.5 billion, and a 5-year green bond of RMB1.5 billion, with interest rates of 2.08%, 2.13%, and 2.23% respectively. This issuance marks the first time that the Guangdong Provincial Government has issued offshore RMB local government bonds in Hong Kong, which garnered strong interest from top-tier international investors in Hong Kong, the UAE, Switzerland and other prominent markets, with a peak order size of RMB57.18 billion and an oversubscription ratio of 11.4 times.GTJAI has consistently dedicated itself to supporting the development of the Guangdong-Hong Kong-Macao Greater Bay Area by actively providing cross-border investment and financing services and continuously promoting the coordinated development of green and sustainable finance. In recent years, Guotai Junan has significantly increased its investments in the Guangdong-Hong Kong-Macao Greater Bay Area. In 2023, Guotai Junan signed a comprehensive strategic cooperation agreement with the Guangdong Provincial Government, pledging full support to the leading role of Guangdong's manufacturing industry and actively expanding cross-border financial services. Since 2021, GTJAI has successfully underwritten 32 overseas bond issuances for state-owned enterprises in Guangdong Province, representing 78% of the total number of such issuances and solidifying its position as the leading financial institution with the highest market share in Guangdong's overseas bond market. Looking ahead, GTJAI will deepen its engagement in Guangdong's overseas bond market, and introduce international financial resources for the development of the Guangdong-Hong Kong-Macao Greater Bay Area, and facilitate the progress of offshore RMB internationalization.- End - Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Atlas Lithium Progresses Towards Key Permitting ACN Newswire

Atlas Lithium Progresses Towards Key Permitting

Boca Raton, Florida--(ACN Newswire via SeaPRwire.com - September 23, 2024) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or "Company"), a leading lithium exploration and development company, is pleased to announce that the technical management group of the state of Minas Gerais Environmental Foundation, the governmental agency regulating operational licensing within the state of Minas Gerais (the "Agency"), issued a 161-page technical report which recommends approval of Atlas Lithium's permit application for its Neves Project. This is a critical step for the Company's ability to receive the permit to assemble and operate its lithium processing plant and to process the mined ore at the facility.Atlas Lithium filed its operational permit application on September 1, 2023. Since then, the Company's Neves Project has been inspected by the Agency's technical team, an essential step in the permitting process. During the last twelve months, Atlas Lithium received multiple sets of technical questions from the Agency's staff which the Company addressed timely, leading up to the issuance of the Agency's comprehensive report with the favorable recommendation for the approval of the Company's permit application.Marc Fogassa, CEO of the Company, commented, "This milestone announcement is one of the most significant developments in Atlas Lithium's history. We extend our gratitude to the numerous experts from the environmental agency of the state of Minas Gerais who thoroughly analyzed our project and concluded with their recommendation for approval of our permit. We are continuing our steady progress towards becoming a producer."In other news, preparations continue as planned for the shipment of the Company's lithium processing plant to Brazil. The plant's components, manufactured in South Africa, will be assembled in Brazil to process ore from the Company's Neves Project and produce lithium concentrate, a crucial commercial product in the global lithium supply chain and essential for EV battery production."The Atlas Lithium processing plant represents an advancement over traditional designs as it is compact and modular. We are making continued progress in finalizing all necessary pre-shipment steps", said James Schloffer, a lithium processing expert and member of the Company's Operations Committee.The Company's compact, modular plant design is expected to streamline transportation, installation, and commissioning. Compared to other processing facilities in the lithium industry today, this dense media separation plant will have reduced height, weight, and overall physical footprint. These features will contribute to an environmentally sustainable design that minimizes water usage by maximizing water recycling. Furthermore, Atlas Lithium's project will employ dry stacking of tailings without the use of dams.About Atlas Lithium Corporation Atlas Lithium Corporation (NASDAQ: ATLX) is focused on advancing and developing its 100%-owned hard-rock lithium project in the state of Minas Gerais. In addition, Atlas Lithium has 100% ownership of mineral rights for other battery and critical metals including nickel, rare earths, titanium, graphite, and copper. The Company also owns equity stakes in Apollo Resources Corp. (private company; iron) and Jupiter Gold Corp. (OTCQB: JUPGF) (gold and quartzite).Safe Harbor StatementThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are based upon the current plans, estimates and projections of Atlas Lithium and its subsidiaries and are subject to inherent risks and uncertainties which could cause actual results to differ from the forward-looking statements. Such statements include, among others, those concerning market and industry segment growth and demand and acceptance of new and existing products; any projections of production, reserves, sales, earnings, revenue, margins or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements regarding future economic conditions or performance; uncertainties related to conducting business in Brazil, as well as all assumptions, expectations, predictions, intentions or beliefs about future events. Therefore, you should not place undue reliance on these forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: results from ongoing geotechnical analysis of projects; business conditions in Brazil; general economic conditions, geopolitical events, and regulatory changes; availability of capital; Atlas Lithium's ability to maintain its competitive position; manipulative attempts by short sellers to drive down our stock price; and dependence on key management.Additional risks related to the Company and its subsidiaries are more fully discussed in the section entitled "Risk Factors" in the Company's Form 10-K filed with the Securities and Exchange Commission (the "SEC") on March 27, 2024. Please also refer to the Company's other filings with the SEC, all of which are available at www.sec.gov. In addition, any forward-looking statements represent the Company's views only as of today and should not be relied upon as representing its views as of any subsequent date. The Company explicitly disclaims any obligation to update any forward-looking statements.Investor RelationsGary GuytonVice President, Investor Relations+1 (833) 661-7900gary.guyton@atlas-lithium.comhttps://www.atlas-lithium.com/@Atlas_LithiumTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/224188 Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Lack of quality data and disconnected tech stack impacting Singapore businesses amid rising costs and competition: HubSpot Research ACN Newswire

Lack of quality data and disconnected tech stack impacting Singapore businesses amid rising costs and competition: HubSpot Research

According to HubSpot’s research:High costs is the leading challenge faced by Singapore business (44%) with one in five (22%) saying it’s the biggest challenge they are facing.Intense competition (39%), rising costs of reaching audiences (35%), and channel saturation (34%) emerged as other top challenges in attracting and retaining customers among Singapore businesses.Less than half (43%) of Singapore businesses strongly agree that their data and systems are effectively interconnected to provide a cohesive and comprehensive view of their customers.The average business in Singapore has to switch between 58+ distinct applications just to manage their customer interactions.Nearly eight in ten (76%) of Singapore businesses also do not have enough data or the right data to make their AI usage effective, while about a third (34%) have not ‘started talking about generative AI at all’.SINGAPORE, Sept 23, 2024 - (ACN Newswire via SeaPRwire.com) - HubSpot, the customer platform for scaling businesses, has released new data showing that many Singapore companies are contending with insufficient quality data and a disjointed tech stack even as costs and competition continue to rise.Andy Pitre, EVP of Product, HubSpot, launching Breeze at INBOUND 2024Go-to-market teams—marketing, sales, and service—hold the keys to customer happiness, revenue generation, and ultimately business growth. But today, GTM teams are struggling to keep up, let alone drive growth, thanks to intense competition, increasing costs to reach prospects and customers, and channel saturation. To make matters worse, their tech stacks are falling short.Nearly half of Singapore businesses participating in a HubSpot survey cited high costs (44%) as their number one challenge, with one in five (22%) saying it’s the biggest challenge they are facing. This aligns with data from the Singapore Business Federation, which identified increasing manpower and utilities costs as key contributors to business expenses.The survey also found that intense competition (39%), rising costs of reaching prospects and customers (35%), and channel saturation (34%) are impacting the ability of Singapore businesses to effectively attract and retain customers, potentially limiting their growth potential. Inability to compete against their peers could create additional pressures on Singapore businesses, especially with the country recently ranked the world’s most competitive economy worldwide.While technology has traditionally been viewed among Singapore businesses as a tool to augment competitiveness and allow them to punch above their weight, barriers remain when it comes to quality data and a modern tech stack.HubSpot’s findings indicate that less than half (43%) of Singapore businesses agree that their data and systems are effectively interconnected to provide a cohesive and comprehensive view of their customers. This can significantly increase complexity in managing customer interactions and experience, with the average business in Singapore needing to switch between more than 50 distinct applications just to manage customer interactions. As a result, many businesses may struggle to gain a consolidated view of their customers, leading to disconnected data and a suboptimal customer experience.“Needing to switch between more than 50 applications to manage customer interactions is not only detrimental to efficiency, but could also lead to inaccuracies as businesses try to align insights across disparate data sources. Having a single source of truth for customer data is essential to build and maintain meaningful customer relationships,” said Dan Bognar, Vice President & Managing Director of JAPAC, HubSpot. “Technology can give businesses a helping hand, however our findings show that data connectedness and a unified tech stack are presenting significant opportunities for local businesses looking to improve prospecting and customer retention.”An overall lack of quality data could also have had an impact on local adoption of Artificial Intelligence (AI) powered tools. According to HubSpot’s survey, nearly eight in ten (77%) of Singapore businesses felt they did not have enough data or the right data to make their AI usage effective. Perhaps as a consequence, about a third (34%) have not ‘started talking about generative AI at all’.“Operating in the world’s most competitive economy is no easy feat, requiring a delicate balance between manginging increasing costs, while delivering an impactful customer experience. At HubSpot, we are committed towards equipping businesses with applications that are easy to use, fast to implement, and delivered on a unified platform. This helps to align marketing, sales, and service teams with a unified view of their customer.” said Bognar.To help businesses grow better in today’s environment, HubSpot is committed to building easy, fast and unified tools. That’s why, at INBOUND 2024 and in our latest Spotlight product launches, HubSpot has unveiled its easiest, fastest, and most unified version yet. Everything is built so that GTM teams can unlock growth for their businesses.Our new, biggest releases include:Breeze, HubSpot’s AI to power the customer platform. Breeze includesCopilot, HubSpot’s new AI companion to boost productivity and make work easier.Four AI agents to get work done fast, from start to finish, including Content Agent, Social Media Agent, Prospecting Agent and Customer Agent.Plus 80 more features embedded across the platform, from remixing content to predicting sales forecasts.Breeze Intelligence, HubSpot’s data enrichment and buyer intent solution. Breeze Intelligence includes:Data enrichment which pulls from a database of over 200 million buyer and company profiles to enrich company and contact records in HubSpot’s Smart CRM.Buyer intent to help customers identify which prospects are best fit.Form shortening to increase conversion by automatically adding information Breeze Intelligence already knows.Updates to Marketing Hub and Content Hub, the combo that’s giving marketers everything they need to launch full campaigns from start to finish, from finding an audience to measuring impact, including:Tools to capture attention like Content Remix for video, which uses AI to turn a single video into a full campaign of clips, audio and written content.Tools to generate leads and convert prospects like Lead Scoring to find high engagement, high-fit prospects and Google Enhanced Conversions to leverage first-party conversion data from HubSpot to improve campaign performance.Tools to measure impact like the new Marketing Analytics Suite, which brings all marketing metrics and reporting in one place to improve campaigns and get results faster.Learn more about our major launches with product deep dives:BreezeBreeze IntelligenceMarketing Hub and Content HubVisit the 2024 Spotlight here.About HubSpotHubSpot (NYSE: HUBS) is the customer platform that helps your business grow better. HubSpot delivers seamless connection for customer-facing teams with a unified platform that includes AI-powered engagement hubs, a Smart CRM, and a connected ecosystem that extends the customer platform with over 1,500 App Marketplace integrations, a community network, and educational content from HubSpot Academy. Today, over 228,000 customers, like DoorDash, Reddit, Eventbrite, and Tumblr, across more than 135 countries use HubSpot to attract, engage, and delight customers. Learn more at www.hubspot.com.Research methodologyHubSpot proprietary researchSingapore sample size: 102Global sample size: 1893Press contactYanchang TanSling & Stone for HubSpotyanchangtan@slingstone.com Copyright 2024 ACN Newswire via SeaPRwire.com.
More
India’s Emerging Role in the Global Economy: A Strategic Hub for Global Business in 2024 ACN Newswire

India’s Emerging Role in the Global Economy: A Strategic Hub for Global Business in 2024

MUMBAI, INDIA, Sept 23, 2024 - (ACN Newswire via SeaPRwire.com) - In an era where businesses are realigning their global operations, India has emerged as a pivotal destination for multinational corporations. A new white paper titled "India’s Emerging Role in the Global Economy" reveals how the country's dynamic business environment is reshaping global strategies, positioning India as the ultimate hub for innovation, technology, and foreign direct investment (FDI).Key Insights:Unparalleled Economic Growth: India is forecasted to grow at a staggering 6.5% in FY 2025, making it the fastest-growing major economy, with untapped market potential.Soaring FDI Inflows: Sectors such as computer software and high-tech services have seen an inflow of $17.96 billion, thanks to initiatives like 'Make in India' and 'Digital India.'Technological Powerhouse: India’s digital GDP is expected to hit $1 trillion by 2025, propelled by advancements in AI, cloud computing, and IoT, making it a key global innovation center.An Opportunity Unlike Any OtherThis white paper uncovers the strategies needed to thrive in India’s complex market while navigating risks such as geopolitical tensions and infrastructure challenges. It reveals why global brands like IKEA, Starbucks, and Netflix have achieved unprecedented success by embracing localization, cultural sensitivity, and strategic partnerships.However, the real surprise lies in India’s Tier 2 and 3 cities, which are emerging as the next frontiers of growth, offering businesses new markets and opportunities.Explore the full white paper here: India's Emerging Role in the Global EconomyWhy This MattersIndia's youthful demographic (65% under the age of 35), robust intellectual property laws, and ease of doing business make it a hotbed for innovation and business growth. The paper emphasizes that companies entering India need a tailored approach to local preferences, cultural nuances, and regulatory complexities.About SRKay Consulting GroupTo truly leverage India’s potential, it is essential to partner with a firm that understands the intricacies of this evolving market. SRKay Consulting Group stands at the forefront, helping businesses navigate India’s diverse economy through their expertise in operational excellence and innovative Virtual Captive and Global Competency Center (GCC) solutions. Whether your goal is market entry or expansion, SRKay provides the strategic guidance to ensure sustained growth in India’s competitive landscape. For more information, visit https://www.srkay.com. Read the full report to discover how India is transforming the global economic landscape and why it’s the premier destination for business expansion in 2024.Don’t miss out on understanding why the world’s leading companies are making India their go-to hub for future growth!Media contact:komal@mianext.com Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Selecting the Right Credit Card for Yourself ACN Newswire

Selecting the Right Credit Card for Yourself

SINGAPORE, Sept 21, 2024 - (ACN Newswire via SeaPRwire.com) - Choosing the right credit card from a vast array of options can offer long-term benefits for consumers. Some cards might provide valuable perks like redeemable points, while others offer appealing cashback rewards or even miles that never expire. Choose the credit card that would align with your current spending and offer you substantial benefits as well.Here are some ways to narrow down the choices based on a few factors below:Key Considerations When Choosing a Credit CardBefore you apply for a credit card, it is necessary to identify the best card for you and the one with features designed to meet your specific needs. For instance, are you looking for rewards, convenience, card security and extra financial flexibility? You can then easily filter out the options that meet your requirements.Card Benefits and FeaturesCredit cards can be powerful allies in managing finances and enhancing your lifestyle when used wisely. By understanding and leveraging the benefits and features, you can make the most of your card and achieve your financial goals.Exclusive Privileges:There is a wide range of travel, dining and shopping deals with your credit card merchants. You can redeem points, miles, or cash rebates on your cards. Compare the selected credit cards to check on the sign-up bonus and rewards to make your best choice.Reward programs: Earn reward points, miles, or cashback when you spend on your credit card.Travel benefits: Some cards offer travel insurance, airport lounge access, and other travel-related perks.Fraud protection: Credit cards typically offer robust security features and fraud protection, safeguarding you against unauthorized transactions.Pay bills and earn rewards: Pay your daily bills and earn reward points or miles at the same time.Instalment payment plan: Many cards allow you to convert large purchases into affordable instalments while still earning rewards.Select the Best Value Providing Credit CardAfter identifying the credit cards that suit your needs, you can further refine your selection by focusing on the added value each card offers. For example, if you compare credit cards with cash-back rewards, consider those that provide higher cash-back percentages or bonuses in categories where you spend the most. If several cards meet these criteria, you can then weigh other benefits, such as lower annual fees, introductory offers, or additional perks like travel insurance or purchase protection.Some credit card annual fee charges come with welcome bonus miles which exceeds the value of the annual fee payment. While selecting the card, it is important to know the amount that will be charged annually, so it doesn't come as a setback when you must pay for it.Final ThoughtsWith a multitude of credit card options available, selecting the right one can greatly enhance your financial experience. The ideal card can simplify your transactions and provide access to valuable benefits such as exclusive discounts, travel perks, and personalized rewards. Take the time to research the various types of credit cards to find one that aligns with your spending habits and preferences. Applying for the card that best suits your needs is just a few clicks away online.Notice:Opinions, analyses, reviews, or recommendations expressed in this article are those of the select editorial staff alone and have not been reviewed, approved, or otherwise endorsed by any third party.Contact:Name: Sonakshi MurzeEmail: Sonakshi.murze@iquanti.comJob Title: ManagerSOURCE: iQuanti, Inc. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Seoul Metropolitan Government Intensifies Efforts to Become a Global Top 5 City by Attracting Singaporean Companies ACN Newswire

Seoul Metropolitan Government Intensifies Efforts to Become a Global Top 5 City by Attracting Singaporean Companies

SINGAPORE, Sept 20, 2024 - (ACN Newswire via SeaPRwire.com) - Seoul Metropolitan Government held an investment briefing on September 12th (Thursday) at the M Hotel in Singapore to attract global and local companies based in Singapore to Seoul. This roadshow is organized by Invest Seoul, the city's dedicated investment promotion agency, in collaboration with Enterprise Singapore and Singapore Business Federation, aiming to attract foreign companies and talent to help Seoul become a global Top 5 city.On September 12th, the 'Seoul Forward' event was held in Singapore, with a total of 100 companies attending for seminars and networking.To attract global companies, the city offers a step-by-step support system, including an all-in-one package for foreign direct investment (FDI) and office spaces for international finance.The city is actively promoting its efforts to attract companies in high-impact industries such as finance and biotechnology, collaborating with relevant organizations.In this event, attended by around 100 companies, the following activities took place: 'Promotion of Seoul's investment environment, including incentives for entering the city through Invest Seoul', 'Introduction to Seoul's industrial environment for global companies entering the city',' One-on-one customized consulting sessions between experts and companies in various fields such as law, accounting, labor, foreign exchange, and listing on the Korean market'. The customized consulting will feature a wider range of experts compared to last year, particularly in areas like labor and foreign exchange, which receives a positive response from the singaporean companies.Seoul Metropolitan Government is actively pursuing various initiatives to facilitate the entry and settlement of global companies in the city. Through Invest Seoul, the city provides comprehensive support in the form of an 'all-in-one package,' which includes pre-market research, assistance with establishing corporations, management support in areas such as labor and legal matters, and office leasing, covering the entire process of entering Seoul.The city also introduced plans for the 'Yongsan International Business District'. The Yongsan International Business District is a project being pursued by Seoul Metropolitan Government to enhance its status as a global city. It spans nearly 500,000 square meters and is divided into four zones based on usage: international business, mixed-use, business support, and mixed culture.Choi Pan-kyu, a Director-General of Creative Industries Bureau at Seoul Metropolitan Government, stated, "As the competition among cities such as Singapore and Hong Kong is intensifying, attracting global companies to Seoul will be a pivotal step toward becoming a Top 5 global economic city." He added, "We will continue to focus on attracting promising global companies to secure a skilled workforce and create quality jobs."Social LinksFacebook: https://www.facebook.com/InvestSeoulCenterLinkedIn: https://www.linkedin.com/company/invest-seoul/YouTube: https://www.youtube.com/investSEOULMedia ContactBrand: Invest Seoul / Seoul Business AgencyContact: Hong-Seok ChoiWebsite: https://investseoul.org/eng/mainPage.doSOURCE: Invest Seoul / Seoul Business Agency Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Ching Lee Holdings (3728. HK) holds quality-driven strategies to acquire market share ACN Newswire

Ching Lee Holdings (3728. HK) holds quality-driven strategies to acquire market share

Quality Assurance and Professional StandardsHONG KONG, Sept 20, 2024 - (ACN Newswire via SeaPRwire.com) - Established in 1998, Ching Lee Engineering Limited ("Ching Lee Engineering"), asubsidiary of Ching Lee Holdings Limited ("Ching Lee")[1], possesses deepprofessional knowledge and extensive experience in construction engineering. Upholding "engineering quality" and "customer satisfaction" as core values, ChingLee Engineering continually enhances its standards to meet client demands. It alsosets "excellence in engineering" goals to ensure projects adhere to design, construction technical standards, and statutory regulations. Ching Lee is listed on theMain Board of the Hong Kong Stock Exchange (stock code: 3728.hk) and offersservices ranging from substructure building works services, superstructure buildingworks services, repair, maintenance, alteration and addition (RMAA) works servicesto various mechanical and electrical engineering projects.Client-first Approach with a Professional TeamRooted in Hong Kong for many years, Ching Lee is comprised of experiencedmanagers and core team members well-versed in construction knowledge and projectmanagement. The company is committed to providing the highest quality services andcontinuously expands its engineering capabilities to achieve sustainable businessgrowth. Embracing the philosophy of "professional service, client-first," Ching Leepursues key strategies for maximising growth potential and shareholder returns. Thesestrategies include bidding for larger projects, expanding the workforce, acquiringmachinery and suppliers to stabilise the supply chain, and enhancing market share tomaintain an active presence.Recognised Professional QualificationsChing Lee holds seven major professional qualifications, including being a"Registered General Building Contractor (RGBC)", a "Registered SpecialistContractor in the Foundation Works Category (RSC(F))" and a "Registered SpecialistContractor in the Site Formation Works Category (RSC(SF))", accredited by theHong Kong Buildings Department. These qualifications have enabled Ching Lee toundertake large-scale private construction projects over the years. Moreover, thecompany's commitment to quality is evident from its ISO 9001:2015 certification, andit also holds the ISO 14001:2015 certification, meeting the internationally recognisedstandards of leading Environmental Management Systems (EMS).Recently, Ching Lee has been added to the "Lists of Public Works Contractors (GroupB)"[2], which is approved for carrying out public works in the buildings category. Additionally, it has been added to the "List of Approved Specialist Contractors forPublic Works (Repair and Restoration of Historic Buildings)" by the BuildingsDepartment. These recognitions further demonstrate Ching Lee's excellence inachieving professional qualifications and industry recognition, highlighting thegroup's comprehensive strength in the construction engineering sector. Looking ahead, Ching Lee is poised to continue upholding its core values ofqualifications, expertise and quality, and it is committed to achieving even greateroutcomes in public and private projects. With a steadfast commitment to continuousimprovement, Ching Lee aims to tackle future challenges head-on and make asignificant contribution to the construction industry in Hong Kong.Media enquiries:New Smile Limited Strategic IR & PR Consultancy Tel: +852 2126 7076Jenny Lai jenny.lai@newsmilehk.comRichard Wong richard.wong@newsmilehk.comElina Zhang elina.zhang@newsmilehk.comNotes to editors:1. Ching Lee Holdings Limited “Ching Lee” or “The Group”Ching Lee Holdings Limited, a limited liability company incorporated under the lawsof the Cayman Islands, is a contractor in Hong Kong with over 25 years of experiencein public and private sectors. The principal activities of Ching Lee Holdings and itssubsidiaries are the provision of construction and consultancy works and projectmanagement services in Hong Kong, engaged in providing substructure buildingworks services, superstructure building works services, and repair, maintenance, alteration and addition (RMAA) works services. Ching Lee Holdings Limited wastransferred from GEM board to the main board in HKEx on September 18, 2017 withstock code 3728.hk. Company website: http://www.chingleeholdings.com2. Lists of Public Works Contractors (Group B)Ching Lee Engineering Limited is a contractor in Group B (Probationary Status) of the Lists of PublicWorks Contractors.- Group B for contracts of value up to HKD $400 million. ends/all Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Central Bank of Bahrain Grants Crypto.com Payment Service Provider Licence ACN Newswire

Central Bank of Bahrain Grants Crypto.com Payment Service Provider Licence

MANAMA, Bahrain, Sept 20, 2024 - (ACN Newswire via SeaPRwire.com) - The Central Bank of Bahrain today granted Crypto.com full approval to provide payment service provider (PSP) services through its subsidiary registered in the Kingdom of Bahrain under the commercial name "FORIS GFS BH B.S.C. CLOSED", adding to the company's significant regulatory milestones in the region.The PSP licence will allow Crypto.com to expand its offerings of e-money and fiat-based payment services regionally, including the launch of its world-renowned prepaid cards."With its extensive international presence and an earned reputation for regulatory compliance, we are delighted that Crypto.com has chosen the Kingdom of Bahrain as a destination for investment, which will further bolster Bahrain's ability to deliver on its vision of developing a digital-first, resilient economy that celebrates innovation and progress," said H.E. Noor bint Ali Alkhulaif, Minister of Sustainable Development, Chief Executive of Bahrain Economic Development Board, adding, "Backed by the agility of our Team Bahrain approach, which fosters a streamlined investment environment that champions ease of doing business, Bahrain is successfully building a world-class ecosystem to support the evolution of the fast-growing blockchain, crypto and fintech industry. This is further supported by robust regulations and a diverse, highly skilled, and future-ready talent pool, particularly within the financial services and technology sectors.""Bahrain has been working to create an innovation-friendly crypto and fintech ecosystem, which has involved putting in place clear regulation that balances consumer protection with commercialisation," said Eric Anziani, President and COO of Crypto.com. "We appreciate the work of the Kingdom and look forward to progressing our relationship as we play our part in growing the crypto industry in Bahrain and across the GCC."Bahrain, a pioneering hub for digital asset regulation within the Gulf Cooperation Council (GCC) countries, was among the first to issue crypto-asset licences in the region, cementing itself as a leading hub for crypto services and fintech innovations in the region. As the island nation's investment promotion agency, Bahrain EDB works closely with potential and existing clients providing key services that include industry assessments and strategic advisory, in line with its mandate of attracting investments into Bahrain.Crypto.com continues to actively grow and expand its ecosystem, with more than 100 million users worldwide.The announcement builds on Crypto.com's regulatory licensing momentum globally, having received its Virtual Asset Service Provider Licence from the Dubai Virtual Assets Regulatory Authority (VARA) and the launch of the Crypto.com Exchange for institutional investors in April 2024. Cypto.com is additionally licensed for specific services in key markets around the world, including Singapore, France, Australia, Ireland, Malta, United Kingdom, United States, Canada, and South Korea.For more information, please contact:Abdulelah AbdullaCommunications DepartmentEconomic Development BoardPhone: +973-39798919E-mail: internationalmedia@bahrainedb.comAbout Bahrain Economic Development Board (Bahrain EDB)The Bahrain Economic Development Board (Bahrain EDB) is an investment promotion agency with overall responsibility for attracting investment into the Kingdom and supporting initiatives that enhance the investment climate. The Bahrain EDB works with the government and both current and prospective investors, to ensure that Bahrain's investment climate is attractive, to communicate the key strengths, and to identify where opportunities exist for further economic growth through investment.The Bahrain EDB focuses on several economic sectors that capitalise on Bahrain's competitive advantages and provide significant investment opportunities. These sectors include financial services, manufacturing, logistics, ICT, and tourism. For more information on the Bahrain EDB visit www.bahrainedb.com.SOURCE: Bahrain Economic Development Board Copyright 2024 ACN Newswire via SeaPRwire.com.
More
A2Z Signs Framework Agreement with Level 10 for Installation and Support Services in Anticipation of Rollout of Smart Carts with U.S. Retailers ACN Newswire

A2Z Signs Framework Agreement with Level 10 for Installation and Support Services in Anticipation of Rollout of Smart Carts with U.S. Retailers

Illinois, US, Sept 19, 2024 - (ACN Newswire via SeaPRwire.com) - A2Z Cust2mate Solutions Corp. ("A2Z") (NASDAQ:AZ)($AZ)(FRA - WKN:A3CSQ), a global leader in innovative technology solutions, today announced it has signed a framework agreement (“Agreement”) with Level 10, LLC (“Level 10”), a leading retail IT service provider, for in-field installation, deployment, in-store and laboratory support, maintenance, help desk services and warranty fulfillment related to the company’s Cust2Mate smart cart solutions to be rolled out in the United States.Gadi Graus, CEO of A2Z Cust2Mate, stated, “Given the advanced stage of discussions we are having with a number of large retailers, we are taking steps now to prepare for a substantial increase in the number of our smart carts that will be rolled out in the coming months.”He said, “We believe that teaming with Level 10 gives us the ability to deliver and service significant rollouts of smart solutions in the U.S. Level 10 has more than 20 years of experience in procuring, deploying, supporting and maintaining IT equipment in the retail industry, making them an ideal partner to help us scale our business. We are extremely encouraged by the momentum that is building in our business and are pleased to have Level 10’s talented IT professionals as part of our service team.”John Pruban, President of Level 10, commented, “At Level 10, it is our mission to help retailers leverage technology solutions that enhance and add value to their business. A2Z’s Cust2Mate smart carts incorporate innovative technology that helps retailers improve efficiencies and elevate the customer experience. We have a deep understanding of the retail industry and are pleased to serve as the implementation and service arm for A2Z.”About Level 10, LLCWith increasing IT challenges, Level 10 recognizes that merchants need less partners to do more. By strategically bundling services – like hardware procurement, key injection, staging & integration, maintenance, field services and service desk – Level 10 acts as an extension of retailers’ IT teams through technology deployments, store openings/closings/remodels and instore support work.For more information about Level 10, please visit www.level10.com.About A2Z Cust2mate Solutions Corp.A2Z Cust2Mate Solutions Corp. brings innovation, ease, excitement and value to retailers and shoppers. The Company is transforming brick-and-mortar retail with innovative smart shopping cart solutions that digitize the in-store shopping experience. The proven-in-use, friendly, sensor rich, AI driven carts enhance customer satisfaction and loyalty, minimize shrinkage, optimize retailers' operations and enable new business models. The smart carts streamline in-store shopping by enabling in-cart scanning and payment, allowing users to bypass checkout lines while alleviating labor shortages. Retailers can optimize merchandising, store layouts and promotions from data-driven insights, while shoppers get real-time information and personalized offers, turning a necessary chore into a fun and rewarding experience.For more information on A2Z Cust2mate Solutions Corp. (NASDAQ:AZ)($AZ)(FRA - WKN:A3CSQ) and its subsidiary, Cust2mate Ltd., please visit www.a2zas.com.Cautionary Statement Regarding Forward-looking StatementsMatters discussed in this press release may contain forward-looking statements that are subject to substantial risks and uncertainties. Forward-looking statements contained in this press release may be identified by the use of words such as "anticipate," "believe," "contemplate," "could," "estimate," "expect," "intend," "seek," "may," "might," "plan," "potential," "predict," "project," "target," "aim," "should," "will" "would," or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Company's current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict, including whether the referenced patent will be granted. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the Company's filings on EDGAR and with the SEC. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. Forward-looking statements contained in this announcement are made as of this date, and the Company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This press release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities described herein.Issued By: Swan Consultancy Sdn. Bhd. on behalf of A2Z Cust2mate Solutions Corp.For more information, please contact:Mandy TanEmail: m.tan@swanconsultancy.biz Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Solar District Cooling Group Berhad Commences Trading on ACE Market with Strong Opening Price of RM0.500 ACN Newswire

Solar District Cooling Group Berhad Commences Trading on ACE Market with Strong Opening Price of RM0.500

KUALA LUMPUR, Sept 19, 2024 - (ACN Newswire via SeaPRwire.com) - Solar District Cooling Group Berhad (“SDCG”) proudly marked its debut today on the ACE Market of Bursa Malaysia Securities Berhad (“Bursa Securities”). The shares opened at RM0.500 per share, reflecting robust market confidence and achieving a significant 31.6% premium over the IPO price of RM0.380 per share.1. Ms. Wong Poh May, Independent Non-Executive Director, Solar District Cooling Group Berhad2. Mr. Wong Kei Fai, Independent Non-Executive Director, Solar District Cooling Group Berhad3. YM Raja Nor Azlina Binti Raja Azhar, Independent Non-Executive Director, Solar District Cooling Group Berhad4. Mr. Edison Kong, Managing Director, Solar District Cooling Group Berhad5. Mdm. Eileen Liuk, Executive Director, Solar District Cooling Group Berhad6. Ir. Dr. Khairul Azmy Bin Kamaluddin, Independent Non-Executive Chairman, Solar District Cooling Group Berhad7. ⁠Mr. Chew Sing Guan, Managing Director, Mercury Securities Sdn. Bhd.[L-R]SDCG and its subsidiaries (“Group”) are principally involved in the provision and maintenance of BMS, solar thermal systems and energy saving services. The Group has a proven track record of enhancing energy efficiency across healthcare, hospitality and industrial sectors. SDCG Group is involved in providing energy performance services to the concession companies that are providing hospital support services for public hospitals. The concessionaires engaged SDCG Group as a subcontractor to carry out energy efficiency work related to the installation of hybrid solar thermal hot water systems, and for some contracts, retrofitting of fluorescent lighting of LED lighting.SDCG Group was listed under the stock name “SDCG” today with the stock code “0321.”With a track record in providing Building Management System (“BMS”) and solar thermal systems, SDCG is an established player in the fields of BMS and solar thermal hot water systems backed by 17 years of industry experience. The Group’s solutions and dedication to sustainability have played a role in enhancing energy efficiency for its clients and supporting their environmental, social, and governance ("ESG") objectives, including reducing carbon footprints and improving operational efficiency.The successful initial public offering of Solar District Cooling Group Berhad raised approximately RM45.1 million, allocated as follows: RM1.9 million for the expansion of headquarters in Kajang, Selangor; RM5.0 million for tender bonds and/or performance bonds for future projects; RM18.7 million for the purchase of materials for BMS segment, and solar thermal systems and energy-saving services segment; RM12.7 million for working capital requirements; RM2.5 million for capital expenditure and RM4.3 million for payment of listing expenses.Independent Non-Executive Chairman of Solar District Cooling Group Berhad, Ir. Dr. Khairul Azmy Bin Kamaluddin stated, “Today marks a pivotal milestone in Solar District Cooling Group Berhad’s journey. This successful listing on the ACE Market of Bursa Malaysia is a testament to the hard work and dedication of our team. We are excited to enter this new chapter, where we will continue to focus on advancing our Building Management Systems and solar thermal systems, enhancing energy efficiency, and promoting environmental stewardship.”He also added, “With this listing, we are well-positioned to accelerate our expansion plans, particularly in solar photovoltaic offerings, and to strengthen our capacity to bid for larger and more complex projects. Our commitment to sustainability will guide us as we seize new opportunities and create lasting value for our shareholders and stakeholders.”Mercury Securities Sdn. Bhd. is the Principal Adviser, Sponsor, Underwriter, and Placement Agent for this IPO exercise.ABOUT SOLAR DISTRICT COOLING GROUP BERHADSolar District Cooling Group Berhad (SDCG) and its subsidiaries (the “Group”) is an established provider of building management systems (BMS) and solar thermal systems in Malaysia. The Group specialises in the design, installation, and maintenance of BMS and solar thermal systems, serving diverse sectors including commercial, institutional, and industrial properties. With a commitment to sustainability, SDCG has earned a reputation for excellence in BMS and solar thermal systems. For more information, visit www.sdc.myIssued By: Swan Consultancy Sdn. Bhd. on behalf of Solar District Cooling Group BerhadFor more information, please contact:Jazzmin WanTel: +60 17-289 4110Email: j.wan@swanconsultancy.bizWilliam YeoTel: +60 16-213 2103Email: w.yeo@swanconsultancy.biz Copyright 2024 ACN Newswire via SeaPRwire.com.
More
DBS Hong Kong and Yedpay Collaborate to Launch the ‘DBS MAX Merchant Solutions’ ACN Newswire

DBS Hong Kong and Yedpay Collaborate to Launch the ‘DBS MAX Merchant Solutions’

HONG KONG, Sept 19, 2024 - (ACN Newswire via SeaPRwire.com) - DBS Bank (Hong Kong) Limited (“DBS Hong Kong”) and The Payment Cards Group Limited (“Yedpay”) today announced the launch of “DBS MAX Merchant Solutions”, a one-stop solution for managing sales operations, featuring a suite of tools that streamline payment collections and enhance operational efficiency for merchants in Hong Kong. The payment collection settlements proceed as quickly as 1 day after the transactions[2].Recent research by DBS Hong Kong[1] highlighted that nearly 70% of merchant respondents are currently utilising digital payment methods, with 86% planning to adopt new digital payment methods in their operation within the next 12 months. However, inaccurate financial records due to reconciliation challenges (35%) and inefficient settlement time from their payment acquirers (31%) were the main challenges for businesses.The new “DBS MAX Merchant Solutions” address these pain points by offering swift onboarding, where business accounts can be opened in as fast as 1 working day, and collection settlements processed as quickly as 1 day after the transaction. The solution is compatible with a wide range of 21 payment options, and provide a flexible integration with various sales channels. By consolidating sales operation data and bank account information into a single platform, “DBS MAX Merchant Solutions” allow merchants enhancing efficiency, gaining data-driven insights, and advancing their digital transformation, while providing banking-level security safeguards.Boris Chan, Managing Director and Head of Global Transaction Services, DBS Bank Hong Kong, said, “We are excited to partner with Yedpay to make business operations easier for merchants. This solution addresses two critical merchant pain points - reconciliation challenges and slow settlement time. By combining the strengths of DBS and Yedpay, ‘DBS MAX Merchant Solutions’ enable them to manage collections seamlessly, while expanding their range of digital payment options and providing a comprehensive support to the merchants.”Beatrice Tai, Chief Operation Officer, Yedpay stated: “Over the past few years, Yedpay has evolved from a payment service provider into an acquirer. We have developed a comprehensive understanding of the challenges, complexities, time constraints, and costs that merchants face in payment and settlement processes. We see tremendous opportunity to collaborate with DBS Hong Kong, combining our new cloud-based processing technology with DBS’ banking expertise to jointly develop solutions that streamline processes for merchants. By working hand-in-hand, we can deliver seamless settlement solutions that reduce friction and costs for merchants.”As businesses continue to navigate the evolving landscape of digital payments, DBS Hong Kong remains dedicated to providing tailored solutions that enhance operational efficiency and support sustainable growth.[1] A recent DBS Hong Kong survey in August titled “Merchant Collection Solutions and Challenges for Local Businesses” interviewed 200 representatives from Hong Kong to examine the payment landscape, pain points and customer expectations and the level of satisfaction with current collection solutions.[2] Only be applicable to offline transactions completed through Yedpay Portable POS Device and is subject to the actual cases of individual merchants. For more details, please consult the service provider Yedpay. DBS Bank (Hong Kong) Limited (“The Bank”) is the provider for payment collections via Faster Payment System (“FPS”) and other payment collection methods under DBS MAX Merchant Solutions are provided by The Payment Cards Group Limited (“Yedpay”). The Bank is not liable for the services/products provided by the third party service provider. For the full disclaimer of the service, please visit: go.dbs.com/3RZKTaC[End]About DBSDBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world.Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia“ award by Global Finance for 15 consecutive years from 2009 to 2023.DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets. DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by supporting social enterprises: businesses with a double bottom-line of profit and social and/or environmental impact. DBS Foundation also gives back to society in various ways, including equipping communities with future-ready skills and building food resilience.With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com.About YedpayYedpay, a brand under The Payment Cards Group (PCG), has firmly established itself as a leading payment acceptance business in Hong Kong. The end-to-end payment infrastructure complies with ISO 27001, PCI DSS, and PCI CPoC standards in the cloud environment. Additionally, the payment application is certified with EMV Level 2 and Level 3.Yedpay’s mission is to connect the disconnected. By leveraging PCG's proprietary acquiring processor solution to streamline end-to-end payment processes, Yedpay is dedicated to unlocking the potential of payment data across the entire payment acceptance industry while maintaining the highest standards of security. ‎For more information, please visit the Yedpay website: https://www.yedpay.com/zh/For further information, please contact:DBS Hong KongCelia WanSenior Vice PresidentMedia RelationsGroup Strategic Marketing & CommunicationsEmail: celiawan@dbs.comTel: (852) 3668 6116Gigi LaiManagerMedia RelationsGroup Strategic Marketing & CommunicationsEmail: gigilai@dbs.comTel: (852) 6840 2142For enquiries about Yedpay, please contact:AJA (IR and Communications)Avy YuEmail: avy.yu@ajacapital.com.hkTel: (852) 9500 4443Eudice LawEmail: eudice.law@ajacapital.com.hkTel: (852) 9326 1113 Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Malaysia’s Job Market Shows 14% Year-on-Year Growth in August 2024 ACN Newswire

Malaysia’s Job Market Shows 14% Year-on-Year Growth in August 2024

KUALA LUMPUR, Sep 19, 2024 - (ACN Newswire via SeaPRwire.com) - foundit (formerly Monster APAC & ME), a Asia's leading jobs & talent platform, today published the foundit Insights Tracker (fit) for August 2024. According to the Malaysia fit report, the overall hiring activity has shown a strong 14% year-on-year increase in e-recruitment, demonstrating the job market's resilience and ongoing recovery.The tracker shows the index rising from 79 in August 2023 to 90 in August 2024, indicating a positive trend in the Malaysian job market. However, there was a slight month-over-month decrease from 95 in July 2024 to 90 in August 2024, reflecting some seasonal fluctuations.Commenting on Malaysia's job trends for August 2024, Sekhar Garisa, CEO, foundit, said, "Malaysia's job market is demonstrating remarkable resilience and adaptability. The 14% year-on-year growth in August is a testament to the country's economic recovery and the evolving needs of various sectors. While we've observed some seasonal adjustments, the overall trend remains positive, suggesting that Malaysia's job market is well-positioned for continued growth in the coming months. The diverse growth across sectors, particularly the impressive 83% annual growth in Retail and 55% in Engineering, Construction, and Real Estate, highlights the dynamic nature of Malaysia's economy. This shift underscores the importance of upskilling and adaptability in today's rapidly changing job landscape."Retail and Engineering sectors lead growth, while BFSI faces challengesThe Retail sector has demonstrated remarkable growth, with an 83% year-on-year increase in hiring activity, despite facing a 17% month-on-month decline in August 2024. This recent slowdown marks the sector's most modest expansion since April 2024, with a notable deceleration in sales growth across various categories including general retail outlets, specialiszed household equipment stores, and niche goods retailers.The Engineering, Construction, and Real Estate industry showed impressive growth with a 55% YoY increase and double-digit growth over the last month. This surge is primarily driven by increased activity in both residential and commercial projects, reflecting a robust real estate market and ongoing infrastructure development in Malaysia.Other sectors showing substantial annual growth include Hospitality (51%), Logistics, Courier/Freight/Transportation, Shipping/Marine (49%), Oil and Gas (38%), and Advertising, Market Research, Public Relations, Media, and Entertainment (37%). These trends reflect a broad-based economic recovery across multiple sectors in Malaysia.However, the Banking, Financial Services, and Insurance (BFSI) sector recorded a 9% YoY decrease in hiring activity, with a notable decline over the last month. This trend could be attributed to ongoing digital transformation efforts in the financial sector, leading to a shift in skill requirements.Engineering/Production roles lead functional growth, while traditional Hospitality & Travel roles face declineEngineering/Production roles witnessed the highest demand with a 91% YoY growth and a 26% increase over the last month. This surge is particularly driven by heightened activity in the Retail sector over the past year and supported by growth in the Automotive and Engineering, Construction, and Real Estate sectors.Marketing & Communications professionals also saw a significant increase in demand, with a 53% YoY growth. This trend reflects the increasing importance of digital marketing and communications strategies across various industries.Software, Hardware & Telecom roles experienced a 49% YoY increase, with a notable 45% rise in job roles over the past month. This growth underscores the ongoing digital transformation across sectors and the increasing demand for tech talent.However, traditional Hospitality & Travel roles continued to face challenges, experiencing a steep 63% YoY decline. This was the only function to register a drop in demand, indicating significant shifts in the hospitality industry, possibly due to the adoption of new technologies and changing consumer behaviours.Other functional areas showing positive YoY growth include Customer Service (46%), Sales & Business Development (37%), HR & Admin (31%), Finance & Accounts (19%), and Purchase/Logistics/Supply Chain (14%).The foundit Insights Tracker is a comprehensive monthly analysis of online job posting activity conducted by foundit. Based on a real-time review of millions of employer job opportunities culled from a large, representative selection of online career outlets, the foundit Insights Tracker (fit) presents a snapshot of employer online recruitment activity nationwide.Period for the reportThe period considered for the foundit Insights Tracker (fit) data is August 2023 vs August 2024.About foundit - APAC & Middle Eastfoundit, formerly Monster (APAC & ME) is Asia's leading jobs & talent platform offering comprehensive employment solutions to recruiters and job seekers across APAC & ME. In addition to a powerful AI-powered job search, foundit offers e-learning, assessments, and services related to resume creation, interview preparation, and professional networking. Since its inception, the company has assisted over 120 million job seekers across 18 countries in connecting them with the right job opportunities and upskilling. foundit is now also the Official Talent Partner of the Badminton World Federation across 20 key world tour events.Over the last two decades, the company has been a leader in the world of recruitment solutions and has launched a cutting-edge solution to give recruiters access to passive candidates in addition to active ones. With the use of advanced technology, foundit is seeking to efficiently bridge the talent gap across industry verticals, experience levels, and geographies. Today, foundit is committed to enabling and connecting the right talent with the right opportunities by harnessing the power of deep tech to sharpen hyper-personalised job searches and offer precision hiring. Additionally, foundit has been recognised as a Great Place To Work, reflecting its dedication to fostering a supportive and dynamic work culture.To learn more about, foundit in APAC & Gulf, visit: www.foundit.my | www.foundit.com.ph | www.foundit.sg | www.foundit.in | www.founditgulf.com | http://www.foundit.hk | www.foundit.id Contact:For media inquiries or further information, please contact Namrata Sharma - Namrata.sharma@adfactorspr.com Contact number - +65 81383034 Copyright 2024 ACN Newswire via SeaPRwire.com.
More
In the Name of Retail Revolution: Rockbird Media Brings Back Retail & E-Commerce Summit Asia in Thailand ACN Newswire

In the Name of Retail Revolution: Rockbird Media Brings Back Retail & E-Commerce Summit Asia in Thailand

BANGKOK, Sep 18, 2024 - (ACN Newswire via SeaPRwire.com) - In a relentless bid to revolutionize the retail and e-commerce landscape across Southeast Asia and beyond, Rockbird Media proudly brings back the Retail & E-Commerce Summit Asia (RESA) in Thailand, set to take place on October 17, 2024, at the Hyatt Regency Bangkok Sukhumvit. Under the theme "Retail Revolution: Illuminating Digital Drivers for Growth and Security," this event promises to be a pivotal gathering for industry leaders and innovators.Closing in on how to navigate the rapidly evolving digital landscape, the summit will provide invaluable insights into consumer trends, technological advancements, and strategies for overcoming industry challenges. As Southeast Asia continues to make strides in digital innovation, this summit will illuminate the path forward for businesses looking to thrive in the digital age.Bringing together C-level executives and top industry leaders, RESA Thailand 2024 is a unique platform for networking and collaboration, where attendees will get to hear from industry experts about the latest trends and innovations and partake in in-depth discussions on specific topics of interest. Touching on the pressing issues facing the industry, they'll have opportunities to connect with peers in a relaxed setting and tailor their experience to suit their professional needs.With Thailand being at the forefront of digital innovation in retail, this summit is a unique opportunity to explore the dynamic changes shaping the industry. Rockbird Media is excited to bring together pioneers and thought leaders to share their expertise and drive transformative change.For more information, including registration details, complete agenda, speaker updates, pricing, and more, please visit https://rockbirdmedia.com/all_b2b/resa-thailand-2024/About rockbird mediaRockbird media is an international business media company that produces B2B events and offers business solutions.Whether it is through online media and content, must-have business intelligence and analytics, effective networking, and partnering solutions, we help businesses and professionals learn more about the latest trends, and know more about their customers, peers, and competition, to make that decision that allows them to grow.Media contact:annjubelle@rockbirdmedia.com Copyright 2024 ACN Newswire via SeaPRwire.com.
More
The Stage is Set for Innovation at the World CX Summit and Awards ACN Newswire

The Stage is Set for Innovation at the World CX Summit and Awards

BENGALURU, INDIA, Sep 17, 2024 - (ACN Newswire via SeaPRwire.com) - With three days to go until the World CX Summit and Awards 2024 unfolds, the stage is set for India's top-notch gathering of customer experience leaders and innovators. The event is hosted by Trescon will take place in Bengaluru on 19th September 2024 at the JW Marriott Hotel. This summit will bring together over 200+ C-level experts to explore the latest trends, share insights, and recognize excellence in customer experience.The recent innovations in the AI space bring a whole new dimension to how businesses and CX leaders operate and interact with customers. From generative AI to utilizing advanced data analysis to interpreting customer feedback, these technologies are transforming the way organizations understand and engage with their audience. AI is truly reshaping existing business models and creating new avenues for competitive advantages.The World CX Summit will provide a platform for CX experts and innovators to explore these next-gen solutions and their impact on customer experience. The event's sessions will cover a range of topics, from enabling security-centric customer experiences and integrating data analytics to how brands are manoeuvring the digital revolution.Among the notable speakers at the event are:Vishal Bhatia, Chief Digital officer, Canara BankPinkustar Borah, Director, Head of IT - Customer Experience, South Asia, Hindustan Unilever LimitedKalyani Seshadri, Lead - Customer Experience, TanishqSatish Bettadapur, Vice President & Global Head for Customer Care Centers, HPLakshman Velayutham, CMO, Ujjivan Small Finance BankFasih Abbas M, Senior Director & Head of Customer Success, Cashfree PaymentsTanuj Diwan, Global Head- SurveySensumAnkit Goenka, Senior VP- Customer Experience, Bajaj AllianzKomal Prasad B, Vice President - Occupier Care & Experiences, Prestige GroupRAMANATHAN RV, Co-founder and CEO, HyperfaceRAKHI RANA, COO, DroolsAttendees will also engage in thought-provoking panel discussions and keynote sessions designed to foster collaboration and inspire new approaches to customer experience management. The summit will become an essential forum for driving innovation, sharing best practices, and setting new benchmarks for excellence in customer experience."As Bengaluru hosts the World CX Summit and Awards 2024, it underscores the city's role in shaping the future of customer experience. The summit serves as the premier platform for exploring the latest advancements and strategies in customer experience, setting new standards for excellence and innovation," states Mithun Shetty, Vice-Chairman, Trescon.Sharing the importance of the summit, Tanuj Diwan, Global Head- SurveySensum said, "CX has shifted from a 'nice-to-have' to a critical business priority in India. While AI and analytics are key, getting the basics right-like customer profiling and tech integrations is essential to align CX teams and drive sustainable growth."Ramanathan RV, Co-founder and CEO of Hyperface said, "The intersection of technology and fintech is not only driving financial inclusion but also fundamentally reshaping customer expectations. The World CX Summit brings together the industry's trailblazers, and we are excited to contribute to discussions that will shape embedded finance experiences."The event will also showcase the much-awaited World CX Awards, spotlighting and celebrating the pioneering achievements of the nation's foremost CX professionals. This segment will honour outstanding leadership and exceptional contributions across various sectors, marking a prominent celebration for the "Top CX Leaders Awards" and "Top Marketing Leaders". Register to join those setting new benchmarks in customer experience and marketing innovation. Secure your place today!The 12th edition of the World CX Summit & Awards is brought to you byGold Partner: Tata CommunicationsSilver Partner: Tata Tele Business ServicesLanyard Partner - HyperfaceBronze Partner - SURVEYSENSUMExhibitors - ICCS -Business Process Management Company; LimeChatOfficial Event Tech Partner - KonfHubOfficial Print Media Partner - Business StandardAbout TresconTrescon is a pioneering force in the global business events and services sector, driving the adoption of emerging technologies while promoting sustainability and inclusive leadership. With a deep understanding of the realities and requirements of the growth markets we operate in - we strive to deliver innovative and high-quality business platforms for our clients. For more information about Trescon, visit: www.tresconglobal.comFor media inquiries and further information, please contact:Vishal S SMedia and Communications SpecialistTresconEmail: vishals@tresconglobal.comMobile: +91-7358680951 Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Ripple Therapeutics Announces Collaboration and Option-to-License Agreement with AbbVie to Develop Next-Generation Therapies for Glaucoma Management ACN Newswire

Ripple Therapeutics Announces Collaboration and Option-to-License Agreement with AbbVie to Develop Next-Generation Therapies for Glaucoma Management

TORONTO, ON, Sep 17, 2024 - (ACN Newswire via SeaPRwire.com) - Ripple Therapeutics today announced a collaboration and option-to-license agreement with AbbVie to develop RTC-620, a next generation, fully biodegradable, sustained release drug delivery intracameral implant with repeat dosing capabilities to reduce intraocular pressure (IOP) in patients with open-angle glaucoma (OAG) or ocular hypertension (OHT). This collaboration leverages AbbVie's expertise in eye care and Ripple's innovative drug delivery platform.Ripple's patented technology platform is based on a discovery that drugs can be engineered into controlled release pharmaceuticals without the use of polymers or excipients. These proprietary prodrugs undergo surface erosion to give zero order release kinetics and are highly customizable to tailor both drug dose and duration. Because there are no polymers or excipients, once the drug is gone, the implant is gone with no pro-inflammatory degradation products, which supports repeat dosing."We're pleased to partner with AbbVie, a worldwide leader in ophthalmic therapeutics," said Tom Reeves, President and Chief Executive Officer, Ripple Therapeutics. "By combining our drug delivery platform with AbbVie's research, clinical, regulatory and commercial capabilities, we hope to deliver a meaningful impact on the lives of people living with glaucoma."Millions of people are living with glaucoma, one of the leading causes of vision loss. New treatment options are needed to help patients challenged with topical drops or who are at risk for vision loss and looking for alternative treatment options."At AbbVie, we strive to find innovative solutions to build our portfolio of vision-preserving therapies," said Michael Robinson, M.D., Vice President and Therapeutic Area Head, Ophthalmology, AbbVie. "We are excited to partner with Ripple to further advance the development of RTC-620."Under terms of the agreement, Ripple will lead preclinical development of RTC-620. Upon exercise of the option, AbbVie will lead the clinical and commercialization activities. Ripple will receive an upfront payment of $21.8 million from AbbVie and is eligible to receive up to $290 million in aggregate option fees and milestones, as well as tiered royalties on net sales.About Ripple TherapeuticsRipple Therapeutics Corporation is a privately held clinical stage company focused on improving ophthalmic therapeutics with controllable sustained delivery implants without the use of polymers or excipients. Our novel therapeutics provide better outcomes for patients, easier management of care for physicians and lower cost for payors. www.rippletherapeutics.comPiper Sandler acted as the exclusive financial advisor to Ripple.For further information:Media: Julie Fotheringham, jfotheringham@rippletherapeutics.com, 416-951-7988SOURCE: Ripple Therapeutics Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Discover Exclusive Italian-Made Luxury Products at FIND – Design Fair Asia 2024 ACN Newswire

Discover Exclusive Italian-Made Luxury Products at FIND – Design Fair Asia 2024

SINGAPORE, Sep 17, 2024 - (ACN Newswire via SeaPRwire.com) - DELUXE SYSTEMS is excited to announce its participation in FIND - Design Fair Asia, taking place from October 26th to 28th, 2024, at Marina Bay Sands, Singapore.This prestigious event will offer a unique opportunity to experience, for the first time in Southeast Asia, the finest Made in Italy luxury windows, doors, and glass railings, exclusively designed for high-end residences.Showcasing Exclusive Italian Brands At Stand 1C60, DELUXE SYSTEMS will present a curated selection of products from renowned Italian brands including Ponzio, Faraone, Flessya, Chirenti, and Dimensione Serramenti. Each brand reflects Italian excellence, offering high-quality, innovative solutions for luxury residential projects.Luxury Windows, Doors, and Glass Railings Our exclusive range of Italian-made products includes windows, doors, and glass railings tailored to the needs of luxury residences. With a focus on sophisticated design, superior craftsmanship, and cutting-edge functionality, these products bring unparalleled beauty and performance to any project. From customized colors to advanced energy-saving features, the options are endless, providing architects and designers the freedom to create truly unique spaces.Sustainability FocusEnvironmental responsibility is at the core of our philosophy and products. Choosing aluminum is a green choice in every aspect, from production to improving the energy efficiency of buildings, especially when thermal break technology is used. We are committed to providing solutions that reduce environmental impact while maintaining the highest standards of quality and performance.Endless Customization & Energy Efficiency DELUXE SYSTEMS' offerings stand out for their endless customization options, including an extensive range of colors, finishes, and styles, allowing for complete personalization.Beyond aesthetics, our products are designed with a commitment to energy efficiency, helping luxury residences achieve sustainability goals while maintaining the highest standards of quality.Reserve your detailed presentationWe invite you to explore these exceptional products and discover how our exclusive Italian brands can elevate your next luxury residential project in Southeast Asia.Join us at Stand 1C60 for a detailed presentation and receive exclusive materials and gifts.To schedule an appointment, please complete the form.About DELUXE SYSTEMSDELUXE SYSTEMS is specialized in high-end architectural solutions, providing luxury windows, doors, and glass railings to the Southeast Asian market. Partnering with Italy's most prestigious brands, we deliver the best in design innovation, customization, and sustainability for luxury residences.For more information, visit us at Website or contact us.Social LinksFacebook: https://www.facebook.com/deluxesystemsLinkedIn: https://www.linkedin.com/company/deluxe-systems/Instagram: https://www.instagram.com/deluxesystemsMedia contactBrand: DELUXE SYSTEMSContact: Germano Vitali, DirectorEmail: info@ds.asiaWebsite: https://www.ds.asiaSOURCE: DELUXE SYSTEMS Copyright 2024 ACN Newswire via SeaPRwire.com.
More
AI Essentials For Small Businesses to Drive Growth and Save Time ACN Newswire

AI Essentials For Small Businesses to Drive Growth and Save Time

SINGAPORE, Sept 17, 2024 - (ACN Newswire via SeaPRwire.com) - Generative AI (Artificial Intelligence) is not new, however the recent boom in AI tools available to anyone such as image-generation tools and AI-driven applications, while offering new opportunities, can also place small business owners in new and unfamiliar territory.GoDaddy shares some ways in which generative AI can help small business owners and entrepreneurs enhance creativity, streamline operations and support customer engagement.Generate creative and unique business names – The biggest barrier to getting started is sometimes a blank screen. Generative AI is great for helping to get creativity started. If thinking of a catchy business name isn’t your strong suit, consider using AI to kick-start the process. GoDaddy AI Domain Search can help generate potential business names, giving entrepreneurs a list of unique and creative names that they might not have come up with otherwise.Automate content creation – By simplifying the content creation process and enhancing the effectiveness of published materials, such as website content, newsletters or blogs, AI can help save entrepreneurs both time and money.Using advanced natural language processing algorithms and deep learning techniques, AI-powered content-generation tools can analyze existing content within a specific industry or niche. Using that information, AI tools can then generate relevant and engaging content. And then, you can update the output to match the overall vibe of your unique business.To help entrepreneurs be successful in creating prompts to use with AI tools, GoDaddy created a free guide. This guide offers small business owners tips for how to create text and visual prompts.Enhance customer service – With AI, business owners can quickly craft personalized responses, such as thank-you emails to customers after they make a purchase or sign-up for a service, reminder emails, and responses to inquiries or complaints. By providing fast and personalized responses to customers, using AI-powered tools can help to enhance the overall customer experience, leading to higher satisfaction rates and a stronger brand reputation, and help to drive further engagement with customers.Support for social media management – Engaging on social media channels is an important part of growing a business in today’s digital environment, but managing multiple platforms and attempting to brainstorm creative new content can feel daunting. AI can help here as well.Tasks AI can support with include creating a list of key moments and relevant events for a target audience, craft ad copy to grab people’s attention, write simple video scripts, create editorial calendars, and provide creative captions for image-based posts. GoDaddy Studio creates professional-looking content for a business or personal brand. Anyone can easily and quickly produce engaging content without needing advanced design skills. This free tool is available for anyone looking to enhance their online presence and take advantage of branded content for their social media channels, website, customer email communications, and more.While AI tools can help save time and money, it is crucial for a human to closely review the output of the AI tool that you choose to use, as AI can return incorrect, false or outdated information or may include content containing third parties’ intellectual property.“In today’s fast-changing digital world, GoDaddy is equipping small business owners with AI tools and guidance to help them boost their content creativity and streamline operations, saving them time to focus on growing their businesses,” said Selina Bieber, Vice President of International Markets at GoDaddy.GoDaddy offers a wide array of online resources to help small businesses and entrepreneurs thrive in the digital world, from website building and e-commerce tools to email and digital marketing solutions.For more information on how GoDaddy can help your business, visit GoDaddy.About GoDaddyGoDaddy helps millions of entrepreneurs globally start, grow, and scale their businesses. People come to GoDaddy to name their idea, build a professional website, attract customers, sell their products and services, and accept payments online. GoDaddy's easy-to-use tools help microbusiness owners manage everything in one place and its expert guides are available to provide assistance. To learn more about the company, visit www.GoDaddy.com.Issued on behalf of GoDaddy. For more information, contact:Fekra Communicationsinfo@fekracomms.com Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Cordlife Unveils Enhanced Processing and Storage Facility in Singapore; Strengthens Processes as It Resumes Collection of Cord Blood Units in a Controlled Manner ACN Newswire

Cordlife Unveils Enhanced Processing and Storage Facility in Singapore; Strengthens Processes as It Resumes Collection of Cord Blood Units in a Controlled Manner

SINGAPORE, Sept 17, 2024 - (ACN Newswire via SeaPRwire.com) - Cordlife Group Limited (“Cordlife” or the “Company” and together with its subsidiaries, the “Group”), which has been approved to resume cord blood banking activities in Singapore in a controlled manner, today unveiled its enhanced processing and storage facility, featuring strengthened operational protocols and an advanced laboratory monitoring system, among other improvements.Group Executive Director Ms Chen Xiaoling and Group Chief Executive Officer Mr Ivan Yiu said the intense rectification efforts leading up to the resumption of its services highlight Cordlife's commitment to rebuilding trust with clients in Singapore and laying a stronger foundation for future growth."We sincerely apologise for the distress the incident has caused. We are deeply grateful for the patience shown by our clients and the authorities. We drew support from external industry experts as part of our in-depth review,” said Ms Chen."After vigorous evaluation, the Board, which was reconstituted on 14 May, continues to identify safeguards to prevent such incidents from recurring. We are fully committed to making Cordlife safer, stronger, and more secure for the families who trust us with their children's future health," Ms Chen added.Enhanced Lab Monitoring and Operational ResilienceA significant highlight of the enhanced 5,400 square feet (502 sqm) facility is its new laboratory monitoring system. This system tracks the temperature of 27 cryogenic storage tanks and other critical equipment, ensuring 24/7 real-time surveillance both on-site and remotely. It provides detailed alerts to technicians, supervisors, and management through multiple communication channels, with procedures in place to escalate issues to senior leadership if necessary.To further safeguard operations and power supply, the monitoring system is equipped with its own power source, while other equipment in the facility is supported by multiple uninterruptible power supplies and a backup generator. Additionally, the Company has strengthened its core processes and implemented additional failsafe measures, such as assigning more technicians to be on duty after office hours, ensuring continuous operations under any circumstances.Validated Cord Blood Processing CapabilitiesThe facility’s cord blood processing laboratory is equipped with four units of AXP® II system, a U.S. FDA-approved automated platform for processing cord blood. The Company has successfully completed validation of this system under the supervision of the Ministry of Health's (MOH) expert panel. The system’s advanced sensors ensure precise control during processing, allowing for a higher yield of viable stem cells, which is crucial for successful cord blood transplants. The Company has also refurbished its facility and plans to reorganise its key laboratory equipment to streamline operations and improve efficiency. Staffing and Governance EnhancementsOn human resources, Mr Yiu said, “To enhance operational capabilities and improve service quality further, we have increased our laboratory and technical personnel by 18% since I was appointed. We will continue to recruit more experts and professionals to elevate standards further and prepare for future growth.” To ensure robust oversight, Cordlife has established a dedicated oversight committee comprised of certain Board members and management, as well as a Medical and Technical Advisory Board.Strategic Partnerships and Controlled Resumption of Cord Blood CollectionCordlife has also engaged Shandong Qilu Stemcell Engineering Co., Ltd. (“Shandong Qilu”), a leading cord blood bank in China, to further strengthen its operational capabilities. Shandong Qilu’s expertise, gained from managing about 1 million cord blood units and facilitating over 10,000 cord blood transplants in China, brings invaluable expertise to the Singapore team.From 15 September 2024 to 13 January 2025 (unless approved sooner by MOH), Cordlife will be permitted to resume its cord blood banking services operations in a controlled manner, provided that the Company shall not collect, test, process, and/or store more than 30 new cord blood units per month from infant donors (including through any person appointed to provide the aforementioned services on behalf of the Company). This follows MOH’s confirmation that Cordlife’s facility in Singapore has “met the essential criteria necessary for the resumption of its cord blood banking services operations.”Ms Chen said, “Over the last nine months, our staff has worked closely with various industry experts and, most importantly, MOH. We thank MOH for its guidance, which has helped Cordlife emerge with a much stronger foundation. We intend to progress from controlled resumption to full resumption. We will work hard to regain the full trust of MOH and our clients in Singapore.”Mr Yiu said, “Cordlife has emerged from a major challenge, which has made us a more robust cord blood bank in Singapore. Our facilities outside of Singapore are not affected. We will grow our Group’s operations to provide more reliable and innovative services, establish strategic partnerships, and grow our market share in the region.”Commitment to Clients and TransparencyCordlife has been engaging with active clients affected by temperature excursions in two cryogenic storage tanks and a dry shipper to offer a refund of annual fees received from the start of the temperature excursion and a waiver of subsequent fees until the maturity of service agreements when the child turns 21. The Company will store these units at no cost until the maturity of their service agreements when the child turns 21. Cordlife will not unilaterally dispose of any cord blood units for clients whose service agreements are nearing or have already passed maturity until a resolution is reached. If a transplant physician deems the cord blood unit unsuitable for an approved cord blood transplant solely due to its failure to meet the viability criteria, Cordlife will make all reasonable efforts to find a suitable replacement.Additionally, donated cord blood units stored in five other cryogenic storage tanks, deemed at low risk of being adversely affected by temperature excursions, are undergoing further testing following the results of the preliminary impact assessment conducted earlier this year. Billings for clients with cord blood in these tanks have been paused pending the test results. Ms Chen concluded, “Cordlife appreciates the support of all clients over the years. We also thank all clients who have accepted our resolutions in recent months. We are encouraged by this and will continue to engage the remaining clients to reach an amicable resolution.”ABOUT CORDLIFE GROUP LIMITEDCordlife Group Limited (“Cordlife”, together with its subsidiaries, the “Group”), founded in 2001, owns and operates Asia’s largest network of private cord blood banks. The Group is committed to ensuring the health and well-being of both mother and child, amongst others. Listed on the Mainboard of the Singapore Exchange since 2012, the Group is a pioneer in private cord blood banking in Asia with extensive transplant experience, having processed and stored more than 400,000 cord blood, cord lining, cord tissue, and placenta stem cell samples. Cordlife is an industry leader in Hong Kong, Indonesia, and the Philippines and one of the top three market leaders in India and Malaysia. Through its majority-owned subsidiary in Malaysia, Stemlife Berhad, Cordlife has an indirect stake in Thailand’s largest private cord blood bank, Thai Stemlife. In addition to cord blood, cord lining, cord tissue, and placenta banking, Cordlife offers families a comprehensive suite of clinical diagnostics, including non-invasive prenatal testing, paediatric vision screening, and newborn metabolic screening. Cordlife strives to ensure reliable quality and is committed to a customer-centric approach. For more information, visit http://cordlife.listedcompany.com. ISSUED ON BEHALF OF: Cordlife Group LimitedBY: WeR1 Consultants Pte Ltd1 Raffles Place #02-01One Raffles Place Mall Suite 332Singapore 048616CONTACT: Mr Isaac TangOFFICE: +65 9748 0688EMAIL: cordlife@wer1.net Copyright 2024 ACN Newswire via SeaPRwire.com.
More