Aryn Hala Announces Launch of Sustainable Cooking Cookbook, Available October 1st ACN Newswire

Aryn Hala Announces Launch of Sustainable Cooking Cookbook, Available October 1st

GOLD COAST, AUSTRALIA, Sept 17, 2024 - (ACN Newswire via SeaPRwire.com) - Celebrated Gold Coast chef, Aryn Hala, is thrilled to announce the upcoming release of her highly anticipated cookbook, which focuses on sustainable cooking practices. The book, available on October 1st, will be offered at all major retailers and as a special edition hardcover coffee table book at select retail bookstores.Known for her innovative approach to cooking and commitment to eco-friendly practices, Aryn's cookbook is set to inspire home cooks to create delicious meals while making environmentally conscious choices. The book blends her passion for food with practical tips on reducing food waste, sourcing local ingredients, and cooking mindfully.Born and raised in Queensland, Aryn's love for cooking was nurtured in her grandmother's kitchen, where she learned the importance of using fresh, local ingredients. This early experience laid the foundation for her culinary career, leading her to earn a diploma from the Culinary Institute of Australia and co-found the Sustainable Cooking Club. Now, with her cookbook, Aryn hopes to inspire a new generation of home cooks to embrace sustainability."I'm so excited to release this cookbook," said Aryn. "It's been a dream of mine to share my approach to cooking with others in a way that's both creative and sustainable. Small changes in the kitchen can have a big impact, and I want to show people how they can cook amazing food while caring for the planet."The cookbook is designed to be approachable for all skill levels, from beginners to seasoned cooks. In addition to recipes, the book features personal stories from Aryn's career and life in Gold Coast, making it a unique blend of culinary instruction and personal inspiration.Available in a hardcover edition and a special coffee table version, Aryn's cookbook is the perfect gift for food lovers and sustainability enthusiasts alike.For media inquiries, interviews, or more information about the cookbook, please contact Aryn Hala at her website https://www.arynhalacooking.com/.About Aryn HalaAryn Hala is a renowned chef based in Gold Coast, Queensland, known for her innovative, sustainable approach to cooking. As the head chef at Patio Season, Aryn focuses on creating seasonal menus that showcase locally sourced ingredients. Her upcoming cookbook, launching on October 1st, aims to inspire a new generation of mindful cooks to make more sustainable choices in the kitchen.Media ContactAryn Halacontact@arynhalacooking.comhttps://www.arynhala.com/https://www.linkedin.com/in/aryn-hala-37b209304/https://medium.com/@arynhalaSOURCE: Aryn Hala Copyright 2024 ACN Newswire via SeaPRwire.com.
More

Midea Group Heads For Global Expansion with its ToB Business

HONG KONG, Sept 17, 2024 - (ACN Newswire via SeaPRwire.com) - According to the data from Wind, the mass consumption index has been on a continuous downward movement since May this year with the cumulative decline being over 10% during the year, and showed a fluctuating decline trend in the past three years, which is currently in an overall undervalued state, and has a comparative advantage in terms of market valuation. Well, the U.S. Federal Reserve has released the signal of an interest rate cut in September, which is expected to add some leeway in domestic monetary policy. Meanwhile, against the expected backdrop of the policy actively promoting the implementation of reforms and stable growth to boost the fundamentals, the leaders in the mass consumption industry represented by Midea Group have registered stable growth in results and made continuous dividends distribution, with enhanced returns to shareholders and outstanding investment appeal.Being speeding up the process of its global expansion, Midea Group has currently completed its IPO in the H share stock market and become listed on the main board of the Hong Kong Stock Exchange today, achieving the milestone of “A+H” dual listing. Not long ago, Midea Group published its 2024 Interim Report, which not only recorded double-digit growth of 10% and 14% in revenue and profit attributable to parent company to RMB218.1 billion and RMB20.8 billion respectively, both of which hit record highs, but also yielded unusually brilliant results in its ToB business, and strong growth was recorded in its overseas business, which grew by 13% year-on-year and far exceeded that of its domestic business, thus realising a further upgrade of its “global impact”.Going global to accelerate the spillover of its industrial chains and create a sample of Chinese enterprises’ global expansionAt present, the home appliance market of China has entered a mature stage, with the average per household ownership of major categories of products being close to a reasonable level, and the consumption demand being dominated by upgrading of existing products. The competitive landscape is stabilising, and the room for market share expansion is limited. In view of that, global expansion is the general trend in the industry. Midea, which has successfully transformed itself into a globalised technology group in recent years, has significant advantages in terms of scale, R&D, manufacturing, channels and marketing, and there may be a promising future for it to go global.The value of the global home appliance industry chain is distributed in a “smile-shaped” manner, with the demands from European and American markets are mainly upgrade, while in emerging markets, there is significant room for the penetration rate to increase, the export side has therefore relatively large growth potential for Chinese enterprises. Currently, global impact is one of the core strategies for Midea Group, and the Company has taken the route of branding overseas and relocating capacity concurrently to build a second “home court” overseas, and adheres to the OBM (Own Brands) priority strategy to develop exports and shape new growth momentum.By building a global R&D, manufacturing and sales network, Midea Group has been enabling the penetration of its brand in a multi-dimensional and all-round way, unleashing the spillover effect of the industrial chain and strengthening its globalisation development capability. Midea has set up 17 overseas R&D centers in 10 countries abroad, integrating global R&D resources and forming a global technology R&D capability with complementary advantages. The Company has established 22 overseas production bases, realising production and delivery globally, and enjoying growth opportunities in overseas markets, with its products having been exported to more than 200 countries and regions around the world, and the Company has established online and offline sales networks in many markets overseas, with about 5,000 after-sales service outlets. Its overseas OBM business, mainly Toshiba, Midea and Comfee brands, is also growing rapidly and its OBM products have demonstrated strong competitiveness in many overseas markets.The results of the intensive efforts in overseas markets are clearly reflected in the operational data and financial performance. Benefiting from the continuous development of its overseas smart home business and the enhancement of user experience, in the first half of 2024, the smart home apps of Midea had over 1 million newly registered users overseas and 3.1 million registered users, with the average number of monthly active users increasing by nearly 150% year-on-year. At the same time, the Company insisted on digital transformation, using digital tools to empower overseas terminal retail, with more than 1,500 new digital terminal outlets. In addition, the Company also launched e-commerce business overseas to boost the development of its own brand, with e-commerce sales revenue having increased by more than 50% year-on-year in the first half of 2024.Although facing multiple risks and challenges in its development in overseas home appliance market due to multiple factors such as macroeconomic fluctuations, drastic changes in exchange rates and persistently high inflation, Midea Group adhered to the consumer-centric product orientation, strengthened localised operation overseas, and promoted the strong growth of its overseas business against the trend, realising a revenue of RMB91.1 billion in the first half of the year, accounting for 42% of the total revenue of the Company, which made it be the second largest A-share listed company in terms of overseas revenue.For such beautiful results, the outside world has fully saw the ability and confidence behind the global impact of the Midea Group, and in the boom of going global for Chinese enterprises, the Company has successfully created a global expansion sample of high-quality development. With the inventory level of mainstream overseas home appliance consumer markets continuing to decline, sea freight charges have gradually dropped since the second half of 2022, home appliance export sales are expected to continue with a high degree of prosperity, and the benefits of going global are evident. It is just a beginning for Midea Group to benefit from such move.Enhancing Both Quality and Quantity of ToB Business, and Extending Growth Resilience by Diversified LayoutMidea Group’s global impact is not just quantity enhancement for going global, but also a premiumization strategy in a way to seek quantity growth in ToB business (Commercial & Industrial Solutions business). During the ToB business’ transformation, Midea Group actively cultivates new quality productive forces, steps up efforts in four major segments, and continues to promote industrial upgrading with technological innovation, endeavoring to lengthen the second growth curve that drives the Company's continuous results growth, and to enrich the Company's intrinsic value.Regarding the Energy Solutions & Industrial Technology segments, Midea emphasises on growth and creation and continues to expand its business boundaries and achieve accelerated growth. In the first half of 2024, Midea filed more than 680 new patent applications, was granted more than 2,700 patents for inventions, and was awarded one Gold Prize and two Merit Prizes for the Tenth Guangdong Provincial Patent Award, as well as one Silver Prize for the Tenth Anhui Provincial Patent Award. Its R&D achievements have won numerous awards in the industry, and the “High Torque Density and Low Torque Ripple Direct Drive Permanent Magnetic Motor” technology led by Midea, which can provide smaller and quieter motor solutions for air-conditioning products, has been recognised as internationally leading level.Regarding the Intelligent Building Technology segment, Midea has six major product manufacturing bases and seven research and development centers around the world, with a sales network covering the global market, and has formed the largest professional intelligent building product matrix and service network with a complete range of products in China. According to online industrial data, in the first half of 2024, Midea continued to rank first in the industry in terms of sales scale in the domestic central air-conditioning market, and topped the list in the industry in terms of market share for core products such as unit air conditioner and module air conditioner, with a market share of approximately 36% and 13% respectively, and was among the top in the industry in the domestic multi-connected market.Regarding the Robotics & Automation segment, according to MIR statistics, in the first half of 2024, KUKA China's orders in the consumer electronics industry increased significantly, and the domestic market share of KUKA's industrial robots further increased to around 7.8%. As China's manufacturing industry accelerates its overseas expansion, KUKA China has made full use of its overseas channel network and market access advantages to boost its overseas market development with locally developed robotic products in China, and its orders from overseas market in the first half of the year also increased significantly year-on-year, with its mobile robotics business accounting for close to 50% of its overseas revenue.Supported by its technology leadership, the ToB business of Midea Group is making rapid progress, enabling Midea Group's growth resilience to be more explosive. In the first half of 2024, the Company's revenue from Energy Solutions & Industrial Technology amounted to RMB17.1 billion, representing a year-on-year increase of 26%; revenue from Intelligent Building Technology amounted to RMB15.7 billion, representing a year-on-year increase of 6%; and revenue from Robotics & Automation amounted to RMB13.9 billion. On the basis of the solid leading position of its ToC (Smart Home Solutions) business, the balanced development of ToC and ToB will gradually optimise the Company's business structure through cyclical complementarities in multiple industries, and drive the overall profitability of Midea Group to continue to improve.Focusing on comprehensive intelligentization and digitalization, its in-depth layout and effective execution in the international market and ToB business have pushed Midea Group to make achievements in both “going global and diversification”, and with its firm strategies, the Company is striding forward towards becoming a global B-end enterprise. Its listing on the Hong Kong Stock Exchange will also help the Company to further enhance its international image and open up broader space for its expanding in overseas markets and enhancing its overall competitiveness, thus enabling its market scarcity attributes and investment value to be ready to unleash. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Official Registration for GAFA2024 Now Open: Asia’s Largest Network of Glass and Facade ACN Newswire

Official Registration for GAFA2024 Now Open: Asia’s Largest Network of Glass and Facade

HO CHI MINH CITY, VIETNAM, Sept 16, 2024 - (ACN Newswire via SeaPRwire.com) - The much-anticipated Glasstech Asia and Fenestration Asia (GAFA) 2024 is now officially open for registration! Set to take place from December 11-13, 2024, in the vibrant city of Ho Chi Minh, Vietnam, GAFA2024 is poised to be a groundbreaking event, bringing together the most influential players in the glass and facade industries.At GAFA2024, we are dedicated not only to driving innovation within the industry but also to fostering the future of architecture and design. Our commitment to excellence is reflected in our support for emerging talent and the new ideas they bring to the table. This year’s event will shine a spotlight on these visionary perspectives, underscoring our role as a catalyst for both current and future industry leaders.Event Highlights:Business Matching Program: GAFA2024 introduces a robust business matching program, designed to connect attendees with the right partners to foster collaboration, drive business opportunities, and forge long-lasting relationships.Conference Program Curated by VGBC: In collaboration with the Vietnam Green Building Council (VGBC), this year’s conference program will delve into the latest trends, technologies, and sustainable practices shaping the future of glass and fenestration in Asia. Expect insightful sessions led by thought leaders and industry pioneers.Innovation Pitching Forum: Innovation takes center stage at the GAFA2024 Innovation Pitching Forum, where startups and industry disruptors will present their groundbreaking solutions to a panel of experts and potential investors, offering a glimpse into the future of glass and facade technologies.Networking Opportunities: GAFA2024 will provide unparalleled networking opportunities with experts and leaders from government bodies, trade associations, academic institutions, and the industry. This is your chance to connect with the key decision-makers who are shaping the future of the industry.League of Future Glass Design: In a bid to foster new talent and innovation, GAFA2024, in partnership with the University of Architecture Saigon (UAH), will host a Student Design Competition. This competition will see budding architects, engineers and designers compete to showcase their most innovative ideas. The competition will culminate in an exciting final round during the event, where the winner will be crowned, offering a unique opportunity to witness the future of architecture in the making.Powered by BAU and Supported by the Singapore Glass AssociationGAFA2024 is proudly powered by BAU, a leading trade fair for architecture, materials, and systems, and a key part of the BAU Network. This affiliation allows our exhibitors and visitors to tap into BAU’s extensive global network, providing unmatched opportunities to connect with a broader audience, access new markets, and drive innovation in the glass and façade sectors. With the support of the Glass Alliance, this event underscores our commitment to advancing the glass industry in Asia through collaboration and knowledge-sharing.Shaping the Future of Glass and FenestrationGAFA2024 aims to chart the course for the next generation of glass and facade technologies, setting the stage for innovations that will define the industry’s future. With sustainability and cutting-edge design at the forefront, GAFA2024 is where visionaries and industry leaders come together to turn ideas into reality.Join Asia's Largest Network of Glass and FacadeAs Asia’s largest network of glass and facade professionals, GAFA2024 offers a unique platform to engage with the entire value chain, from manufacturers and suppliers to architects and developers. This is more than an event; it’s a movement toward a more sustainable, innovative future.Register NowDon’t miss out on the premier event of the year. Register now at https://ishk.infosalons.com.cn/reg/GAFA24VN/registeren/login and be part of the future of glass and fenestration in Asia.About Glasstech and Fenestration AsiaGlasstech and Fenestration Asia (GAFA) is powered by BAU, a leading trade fair for architecture, materials, and systems, and the Singapore Glass Association. GAFA is the leading trade show in Asia for the glass and facade industry, offering unparalleled networking, business, and learning opportunities. With a focus on innovation, sustainability, and industry collaboration, GAFA is where the future of glass and fenestration comes to life.For media inquiries, please contact:Amanda LimMarketing Executiveamanda.lim@mmiasia.com.sg Copyright 2024 ACN Newswire via SeaPRwire.com.
More
United Media Services Participates in Panel Discussion at the International Broadcasting Convention (IBC) in Amsterdam ACN Newswire

United Media Services Participates in Panel Discussion at the International Broadcasting Convention (IBC) in Amsterdam

AMSTERDAM, Sept 16, 2024 - (ACN Newswire via SeaPRwire.com) - United Media Services (UMS) participated in the International Broadcasting Convention (IBC), held in the Dutch capital of Amsterdam, with a panel discussion highlighting its role in advancing and supporting Egyptian and Arab media as one of the largest media conglomerates in the Middle East and North Africa.UMS panel during IBC 2024This year's IBC edition hosted a panel titled "Reconfiguring an Established Media Ecosystem by Embracing Disruptive Technological Innovations", featuring Amr El Feki, CEO and Managing Director of United Media Services, and Nashwa Gad E Haq, Chairwoman and Managing Director of WATCH IT. The panel was moderated by Allan Mclennan, the experienced IBC moderator.El Feki noted that since its founding eight years ago, United Media Services has adopted a sustainable economic model that provides the media sector with the necessary technological capabilities and creates an ideal working environment for thousands of media professionals, technicians, and specialists.He added that UMS, as a media conglomerate, owns 46 companies, employs 9,000 people, and operates 17 television channels, including 3 news channels, 12 newspapers and news websites, and 6 radio stations, in addition to several companies specializing in marketing, drama and film production, as well as IT companies dedicated to the media industry.El Feki emphasized that UMS draws its strength from the rich history of Egyptian media, which spans over a century and a half. This legacy has left behind a vast library that has significantly influenced the Egyptian and Arab public, thanks to professional and robust media institutions.On her part, Nashwa Gad El Haq stated that UMS has heavily invested in incorporating technology across all areas of media and entertainment production since its inception. This has enabled the company to lead the industry in both the Egyptian and Arab markets.She further explained that WATCH IT's success in becoming the leading entertainment platform in Egypt is a result of extensive efforts in leveraging global technological advancements for platform development. This success was also driven by a strategic shift in consumer behavior, moving from a preference for free access to entertainment content to a subscription-based model.The IBC event features fierce competition among major players in media technology, digital broadcasting, and communications development. The convention showcases the latest innovations, advanced programs, and smart solutions in media technology. IBC is considered one of the world's most important events in the field of television broadcasting and related technologies, attracting thousands of media professionals, specialists, and senior media leaders and news agencies globally for over 57 years.Founded in 2016, United Media Services is now one of the largest media entities in the Arab world, owning 46 leading companies across various media sectors, including visual, audio, print, and electronic media, as well as drama production, and direct and indirect advertising. The company also provides distinguished sports rights and marketing expertise, enabling it to offer fully integrated, unique media services across the region.Contact InformationEman Salempress@30n.orgSOURCE: United Media Services Copyright 2024 ACN Newswire via SeaPRwire.com.
More
One World International School in Riyadh Signs Agreement With Liverpool FC International Academy Saudi Arabia ACN Newswire

One World International School in Riyadh Signs Agreement With Liverpool FC International Academy Saudi Arabia

RIYADH, Sept 15, 2024 - (ACN Newswire via SeaPRwire.com) - One World International School (OWIS) in Riyadh, a distinguished member of the Singapore-headquartered Global Schools Group (GSG), has teamed up with Liverpool FC International Academy Saudi Arabia to host their football training sessions which aims to give best opportunities to young football enthusiasts in Riyadh.Liverpool Academy at OWISOWIS team joining hands with Liverpool team (left) to host football sessionsAn agreement to collaborate on the hosting was exchanged between GSG Associate Director of Operations for OWIS Riyadh, Mr Parshvadeep Singh Rao, school Principal Ms. Shannon Pipes, Liverpool FC International Academy Saudi Arabia Manager & Riyadh Head Coach Mr Colin Wilson, and Business Development Manager Mr Shahrayar Khan.Under the collaboration, OWIS Riyadh will be one of the host venues for top-notch training camps for students of the academy. The collaboration allows GSG to carry forward its vision of providing a holistic learning environment to students. GSG has 64 campuses in 11 countries."It is a momentous occasion for OWIS Riyadh to join hands with Liverpool FC International Academy Saudi Arabia," said the GSG Deputy Chief Operating Officer for the Middle East region Mr Amol Vaidya. "With this academy, we hope to offer a promising opportunity for Riyadh's talented football community. This collaboration reflects our shared commitment to nurturing young talents, helping them follow their passion and excel in life."Dr. Peter Coles, Executive Director of Liverpool FC International Academy Saudi Arabia stated: "We are very excited about our new partnership with the renowned One World International School (OWIS) in Riyadh. This collaboration offers young football enthusiasts in Riyadh the chance to develop their skills under top-tier coaching, aligning with OWIS's commitment to nurturing well-rounded students who excel both academically and in their passions."The Liverpool FC International Academy at OWIS Riyadh will be open to children aged Under 6 - Under 10 Age groups, providing them with the platform to develop their skills and gain an edge in the highly competitive sport of football.About One World International SchoolOWIS is part of the prestigious Singapore-based Global Schools Group (GSG), which educates students of over 70 nationalities. OWIS boasts a multicultural environment where students and teachers come from diverse cultural backgrounds. The school embraces a one-world philosophy that teaches the value of tolerance, acceptance, compassion, kindness and unity. OWIS has campuses in Singapore, Japan and India.Contact InformationRupali KarekarDivisional Managerrupali.karekar@globalschools.com+6598734320SOURCE: Global Schools Group Copyright 2024 ACN Newswire via SeaPRwire.com.
More
JibX Launches Perpetual DEX on INTMAX’s Plasma Free Layer 2 Solution ACN Newswire

JibX Launches Perpetual DEX on INTMAX’s Plasma Free Layer 2 Solution

TOKYO, Sept 15, 2024 - (ACN Newswire via SeaPRwire.com) - JibX is excited to announce the launch of its perpetual decentralized exchange (DEX) built on INTMAX's Plasma Free, an advanced Layer 2 scaling solution for Ethereum. JibX aims to revolutionize decentralized finance (DeFi) by offering zero transaction fees, leverage up to 250X, and privacy-focused off-chain settlement.Plasma Free, developed by INTMAX, enables JibX to deliver near-zero fees, high transaction speeds and secure trading while maintaining Ethereum's reliability. Using zero-knowledge proofs and decentralized architecture, Plasma Free resolves key challenges in scalability and cost, making it the perfect platform for JibX's advanced trading model.Quote from JibX Core Team:"Launching JibX on Plasma Free allows us to provide a next-generation trading experience. Zero gas fees, high leverage, and unmatched scalability make JibX a game-changer in the DeFi space. We're proud to bring this innovation to market."Partnership with IdeaSoft and INTMAX:JibX was developed in collaboration with IdeaSoft, a leading blockchain application developer and member of Sigma Software Group, and INTMAX, the company behind Plasma Free. IdeaSoft's experience in building blockchain applications, combined with INTMAX's advanced scaling technology, has enabled JibX to create a scalable, secure, and efficient DEX platform poised to transform the DeFi landscape.Key Features of JibX's DEXZero Transaction Fees: Plasma Free reduces fees to nearly zero, making trading more accessible.Perpetual Swaps with High Leverage: JibX is supported by cutting-edge algorithms and an insurance fund to effectively handle activities with a high degree of risk.Re-staking and Collateral Rewards: We generate an interesting multiplier effect by using LST-based assets and stablecoins. This makes it possible for us to split fees with active traders and to distribute points for re-staking.Privacy and Security: Off-chain private settlement ensures privacy and minimal trading costs.About JibX:JibX is a decentralized exchange (DEX) platform that aims to revolutionize DeFi by drastically reducing transaction fees to near zero, all while maintaining high speed and privacy. Additionally, by leveraging the scalability of INTMAX's Plasma Free, JibX opens up new opportunities for developers to build projects with unprecedented efficiency and scale. The future of decentralized finance is huge, and JibX is at the forefront of this exciting journey.About IdeaSoft:IdeaSoft is a leading fintech blockchain development company that helps startups and enterprises to build cutting-edge solutions.Contact InformationNataliia KomarnytskaPR managernataliia.komarnytska@ideasoft.ioSOURCE: IdeaSoft Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Taiwan Excellence Pavilion concludes Medical Fair Asia 2024 with Showcase of Cutting-Edge MedTech Innovations ACN Newswire

Taiwan Excellence Pavilion concludes Medical Fair Asia 2024 with Showcase of Cutting-Edge MedTech Innovations

SINGAPORE, Sept 13, 2024 - (ACN Newswire via SeaPRwire.com) - Over three days from 11 to 13 September 2024, Taiwan Excellence Pavilion showcased Taiwan’s leading medical innovation and cutting-edge solutions, exemplifying the country’s commitment to advanced medical care at Medical Fair Asia 2024. Held at Marina Bay Sands Expo and Convention Centre, Taiwan’s representation was strong with a contingent of about 90 companies in three separate Taiwan pavilions - Taiwan Excellence Pavilion, Taiwan Pavilion and TMBIA Pavilion.From left to right: Mr. John Cheng, Head of Primary Care at Healthway Medical Group; Mr. Wen-Chung Wu, Director of Economic Division of Taipei Representative Office in the Republic of Singapore; Ms. Anna Wu, Director of Taiwan Trade Center Singapore (TAITRA); Mr. Chen-yuan Tung, Representative of the Taipei Representative Office in the Republic of Singapore; Mr. Daniel Lee, Chairman of Taiwan Medical and Biotech Industry Association; Ms. Chian-Huey Lin, Secretary General of Bureau of Industrial Parks, Ministry of Economic Affairs, and Ms. May Ng, Director, ARQon-Asia Regulatory and Quality Consultancy for Medical Device and Drugs, at the Taiwan Excellence Medical Industry Talk on 11 September 2024.Themed “Shaping the Future with Taiwan's MedTech Innovation” the Taiwan Excellence Pavilion covered three aspects of Taiwan’s medtech innovations - Diagnostic Innovations, Treatment Innovations, and Innovations in Telemedicine and Digital Health Platforms. Taiwan Excellence Pavilion provided 16 leading Taiwanese companies a platform to reach out not only their trading and medical technology partners in the region but also to fulfil their goal of assisting more people to lead longer, more meaningful and healthier lives with innovative technology.Taiwan Excellence Pavilion kicked off the three-day event with the Taiwan Excellence Medical Industry Talk on 11 September 2024. Among the leading Taiwanese companies, Acer Medical Inc., V5med Inc., Shennona Co. Ltd, Brain Navi Biotechnology Co., Ltd, and A Plus Biotechnology Co. Ltd., introduced their products and services and discussed the MedTech trends in Taiwan.Ms. Anna Wu, Director of Taiwan Trade Center Singapore (TAITRA) said, “Taiwan is a frontrunner in medical device innovation, spearheading breakthroughs that improve patient care and transform the healthcare landscape. Building on its expertise in the semiconductor industry, Taiwan has successfully applied advanced technologies and fostered a strong culture of innovation in the biomedical field. Being a part of Medical Fair Asia 2024 helps Taiwanese MedTech companies showcase Taiwan’s leadership in the area.”Mr. Daniel Lee, Chairman, Taiwan Medical and Biotech Industry Association provided an overview of the development of the Taiwan MedTech industry, “Singapore has always been a key partner for Taiwan in the region, with flourishing bilateral trade and technological cooperation. This presents vast opportunities for Taiwan and Singapore to collaborate in the field of smart healthcare, beyond trade, to include technology transfer, research and development, and joint promotion of medical innovations. Through this partnership, we can make transformative contributions to the global medical industry.”Through its participation in Medical Fair Asia, Taiwan Excellence aims to strengthen the enduring ties between Singapore and Taiwan, especially in the medical industry. In 2023, two-way trade between Singapore and Taiwan was worth US$39.2 billion, with Taiwan’s exports to Singapore reaching US$29.7 billion, making Singapore Taiwan’s fifth largest export market.“A key factor in Taiwan’s success in medical innovation is its collaborative ecosystem, where interdisciplinary partnerships between academia, industry, and medical institutions drive research and development. These alliances are central to the nation’s impressive strides in medical device innovation. Through this medical fair, our goal is to ensure that all our exhibitors form a deeper connection with the APAC market and we are looking forward to introducing more of the best of Taiwan’s MedTech to the larger industry and expanding to the other regions as well.” Ms. Wu added.Mr. Allen Lien, Chairman and CEO of Acer Medical Inc. and one of the exhibitors at Taiwan Excellence Pavilion, said, “We are thankful to Taiwan Excellence for giving us this platform to showcase our smart healthcare-related products at the region’s leading healthcare event. Over the three days, our products have garnered the interest of potential customers, and we had the opportunity to connect with our target customers and expand into new regions. We look forward to bringing more MedTech innovations to the next Medical Fair Asia.”Medical Fair Asia 2024 saw approximately 1,000 exhibitors from 45 countries and regions, 19 country pavilions, and 14,000 registered visitors over the three-day event.According to the Singapore Economic Development Board, it is foreseeable that the Asian MedTech market will overtake the EU as the second largest market globally. With Singapore strategically placed, MedTech companies are able to tap into regional resources with the country’s high-value MedTech manufacturing base, innovative R&D ecosystem and hub for new business model innovation, providing a platform for Taiwanese innovators to propel into the international MedTech market.About Taiwan Excellence:The Taiwan Excellence Award was established in 1993 by Taiwan’s Ministry of Economic Affairs (MOEA) with the aim of recognising outstanding products from Taiwan. Products shortlisted for the annual award are proudly made in Taiwan and are judged on their R&D, Design, Quality and Marketing with a key emphasis on Innovative Value. The products that passed the stringent selection process proudly wears the mark and are promoted in the domestic and international markets to strengthens Taiwan’s reputation as the hub of innovation.Media Contact:PRecious Communications for Taiwan ExcellenceTel: +65 6303 0567Email: taitra@preciouscomms.comOrganized by:International Trade Administration (TITA), MOEAThe International Trade Administration (TITA) is responsible for implementing policies and regulations governing foreign trade and economic cooperation. Its primary duties currently include participating in the activities of international economic and trade organizations and enhancing bilateral trade relations.Taiwan External Trade Development Council (TAITRA)Founded in 1970 to help promote foreign trade, the Taiwan External Trade Development Council (TAITRA) is the foremost non-profit, semi-governmental trade promotion organization in Taiwan. Jointly sponsored by the government, industry associations, and several commercial organizations, TAITRA assists Taiwanese businesses and manufacturers with reinforcing their international competitiveness and in coping with the challenges they face in foreign markets. TAITRA boasts a well-coordinated trade promotion and information network of over 1,300 international marketing specialists stationed throughout its Taipei headquarters and 62 overseas offices worldwide. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
The Sukhothai Spa at The Sukhothai Bangkok Unveils a Tranquil Oasis in the Heart of the City ACN Newswire

The Sukhothai Spa at The Sukhothai Bangkok Unveils a Tranquil Oasis in the Heart of the City

BANGKOK, Sept 13, 2024 - (ACN Newswire via SeaPRwire.com) - Sukhothai (pronounced Su Ko Tai) is renowned as one of Thailand's 76 provinces, nestled in lower northern Thailand. Translating to "dawn of happiness," Sukhothai serves as the muse for our newly unveiled spa, The Sukhothai Spa, where ancient Sukhothai-style culture is artfully infused into our design and ambiance. Here, we invite guests and members on a journey to a tranquil, spiritual, and soothing haven-a serene escape for relaxation and rejuvenation, with nature's embrace as our guiding force.The Sukhothai Spa at The Sukhothai BangkokFacade entrance at The Sukhothai SpaAlexander Schillinger, General Manager of The Sukhothai Bangkok, shares the inspiration behind The Sukhothai Spa's creation. The discovery of over 7,000 square meters of lush gardens adjacent to the hotel sparked the vision to provide guests with a spa experience immersed in the harmonious embrace of nature at the heart of bustling Bangkok. Collaborating with leading design and architecture firms, we transformed this vision into reality. By strategically positioning the main building to capture captivating views of lush greenery and incorporating traditional Thai houses as iconic landmarks, we've elevated the overall guest experience.Landscape Architecture Design Concept:The Sukhothai Bangkok's design team seamlessly blends Thai architecture and landscape design, creating an architectural gem that mirrors the ambiance of a hidden village within a lush garden. Drawing inspiration from Wat Sri Chum, a revered temple, our design integrates elements that capture the temple's grandeur, offering guests a delightful surprise with every exploration of the hotel grounds.Concept of the Treatment Rooms:Hammam: The Hammam welcomes guests with warm-toned materials, including a traditional wooden Thai door adorned with elegant bronze handles. Luxurious green natural stone finishes on hammam beds evoke serenity and harmony with nature. The two-step recessed ceiling pays homage to Wat Sri Chum, creating a captivating focal point. Terracotta mosaic tiles in the wet zone symbolize the texture of a lotus leaf, enhancing the room's symbolism and elegance.Hammam Room: Inspired by Middle Eastern and North African bathing rituals, our Hammam Room offers a bespoke and private experience promoting physical cleansing, relaxation, and well-being.Treatment Room: Located on the second floor, the treatment rooms embrace a simple and direct representation of Thai architecture. Bright and relaxed, with a 'Pra-Kon' wall pattern representing the Thai house, the space exudes contemporary beauty. High ceilings and curved shapes add delicacy and softness, complemented by a jacuzzi tub using terrazzo and light mosaic.Our extensive array of services includes massage therapy, beauty treatments, hammams, yoga, Pilates, meditation classes, personalized nutrition advice, and fitness training. The in-house facilities, such as a salt-water lap pool, hot tubs, saunas, steam rooms, a state-of-the-art technology facial room, and dedicated spaces for yoga, Pilates, and meditation, further enhance the guest experience.The Sukhothai Spa is an urban oasis, a sanctuary dedicated to wellness. Our spa meticulously combines traditional, result-driven, and modern practices from diverse cultures to provide a comprehensive range of treatments. Designed as a retreat from city life, our spa features hand-picked, highly trained professionals committed to delivering personalized attention, setting The Sukhothai Spa apart in the realm of wellness.Treatments:The Royal Remedies: Thai traditional practice and philosophyResult-driven Face & Body Treatments: Utilizing highly concentrated active ingredientsFace, Rituals and Bath: Organic, nature, and holistic approachTurkish Ceremony & MassagePEDI: MANI: CURE STUDIO by Bastien Gonzalez - FranceIV Cocktail, Wellness, Anti-aging, Stem cell Clinic by Miskawaan (open in late Q3)Signature treatments:1. The Sukhothai Signature Massage (60/90/120 minutes)Experience a harmonious blend of soothing and invigorating massage techniques with The Sukhothai Signature Massage. Rooted in the ancient wisdom of Oriental energy meridians, this massage uses a skillful combination of calming kneading and rejuvenating stretching. It's designed to alleviate stress, enhance flexibility, and promote a profound state of relaxation throughout the central nervous system.2. Gua Sha Lifting Facial (90 minutes)This facial rejuvenates the skin through the ancient art of Gua Sha, enhanced with protein-rich caviar for a visibly firmer, contoured, and glowing complexion. Expert massage techniques using specialized jade tools stimulate lymphatic drainage, release toxins, improve circulation, and enhance natural hydration. Botanical essences nourish, replenish, and fortify the skin. This comprehensive treatment releases tension, reduces puffiness, and enhances clarity, leaving the face, neck, and décolleté visibly smoother, tighter, and more radiant.3. Ginger Renewal Ritual (150 minutes)Ginger's healing and warming properties invigorate and nourish the skin. Begin with a detoxifying dry brush, followed by a relaxing full-body massage with warm stones and a body wrap.4. Bastien's DUO (75 minutes)This synchronized four-hands treatment focuses on your feet, legs, hands, and arms, offering the ultimate in manicure and pedicure luxury with complete relaxation.Products:Biologique Recherche - FrancePEDI: MANI: CURE STUDIO by Bastien Gonzalez - FranceMoringa Projects - ThailandKerstin Florian - USACharme d'Orient - FranceMiskawaan Clinic - ThailandFor discerning health and wellness enthusiasts seeking an escape from bustling city life, The Sukhothai Spa is the ultimate solution.Media Contact:Chutima Limpasurat - Director of Marketing CommunicationsThe Sukhothai BangkokTel: +662 344 8888 ext. 8671Email: chutima.l@sukhothai.comWebsite: https://www.sukhothai.com/bangkok/enAbout The Sukhothai Bangkok - The Sukhothai Bangkok, a 210-room gem and a proud member of the Small Luxury Hotels of the World, continues to garner accolades. Offering Thailand's epitome of luxury, our ancillary facilities include a spa, a gym, and a 25-meter outdoor swimming pool. With modern meeting spaces and exceptional culinary encounters, we proudly stand as one of the Kingdom's premier hospitality brands. Explore more at https://www.sukhothai.com/bangkok/enContact InformationChutima LimpasuratDirector of Marketing Communicationschutima.l@sukhothai.com+66 2 344 8888Related FilesTSB Spa Menu-SEP2024-TreatmentThe Sukhothai Spa Fact Sheet ENGSOURCE: The Sukhothai Bangkok Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Subsea Communications Leaders Come Together For The Annual Global Coverage Gathering At Submarine Networks World In Singapore ACN Newswire

Subsea Communications Leaders Come Together For The Annual Global Coverage Gathering At Submarine Networks World In Singapore

SINGAPORE, Sept 13, 2024 - (ACN Newswire via SeaPRwire.com) - Submarine Networks World, the world’s largest annual gathering for subsea communications leaders, will once again convene in Singapore on September 25 and 26. Now in its 27th edition, Submarine Networks World is established as the flagship annual event for the industry.Over 900 attendees from cable owners, cable operators, consortium members, solution vendors, technology innovators, consultants and service providers will meet at Suntec Convention & Exhibition Centre to reconnect, discover the latest trends and opportunities in the subsea communications landscape and chart the path forward for current and future cables that keep the world connected.“Subsea communications infrastructure is absolutely critical to the way we live and work, so this event really is vital to the future of global connectivity. Once again, we’ve assembled a ‘who’s who’ of leaders to share their insights and the exhibition floor is packed with solutions that can help drive progress. We can’t wait to welcome this community back to Singapore later this month for our biggest ever edition of Submarine Networks World.” says Paul Clark, Managing Director - Asia for Terrapinn.More than 60 sponsors, exhibitors and partners will be showcasing their latest products, solutions and services including Title Sponsor Infinera, Platinum Sponsor Ciena and Gold Sponsors ASN, Digital Realty, Fugro, HMN Tech, Mobily and Telecom Egypt.130 subsea leaders from every inhabited continent will be speaking onstage across five different theatres (Strategy, Cable, Data Centres & CLS,Operations & Maintenance, and Network) alongside blockbuster keynote sessions each morning. Speakers include:Herbert Xiong, Head of Submarine Cables Infrastructure, China Mobile InternationalBevan Slattery, Founder, SUBCOSonia Jorge, Founder & Executive Director, Global Digital Inclusion Partnership (GDIP)Julio Bran, CEO, Trans Americas FiberNigel Bayliff, Senior Director, Global Submarine Network, GoogleAlpheus Mangale, Group CEO, SEACOMUbaid Younus, Network Investment Manager, APAC, MetaJim Fagan, CEO, EXA InfrastructureAileen Chia, Director-General, Telecoms & Post and Deputy Chief Executive, Connectivity Development & Regulation, IMDAMamy Traore, CEO, GUILABFor event information and full conference agenda, visit www.terrapinn.com/SNW2024PRESS.About Submarine Networks World 2024Submarine Networks World 2024 will take place on 25 - 26 September 2024 at Suntec Convention & Exhibition Centre in Singapore. Firmly established as the world’s largest annual gathering of the global subsea communications community, Submarine Networks World is the dedicated platform to exchange knowledge, explore the latest projects, develop strategies and form lucrative new partnerships to drive the industry forward.About TerrapinnTerrapinn has been sparking ideas, innovations and relationships that transform business for over 30 years. Using our global footprint, we bring innovators, disrupters and change agents together, discussing and demonstrating the technology, strategies and personalities that are changing the way the world does business. Whether you’re looking to make new connections, introduce a product or inspire change in your industry, we invite you to join us as agitators of change. Terrapinn – spark something.Media contact:Hairol SalimHairol.salim@terrapinn.com Copyright 2024 ACN Newswire via SeaPRwire.com.
More
9th Belt and Road Summit draws to a successful close ACN Newswire

9th Belt and Road Summit draws to a successful close

- The ninth edition of the Belt and Road Summit, co-organised by the HKSAR Government and the HKTDC successfully concluded today after a two-day run- 90+ key government and business leaders from Belt and Road countries and regions explored opportunities as the Belt and Road Initiative (B&RI) enters the next golden decade- 280+ matched investment projects and 800+ one-to-one project matching meetings were arranged, positioning Hong Kong as a key dealmaker in the regionHONG KONG, Sept 13, 2024 - (ACN Newswire via SeaPRwire.com) - The 9th Belt and Road Summit, co-organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), successfully concluded today, attracting over 90 key government and business leaders from Belt and Road countries and regions.Over 6,000 business participants from over 70 countries and regions explored opportunities, as the Belt and Road Initiative (BRI) enters the next golden decade. A total of record-high 25 Memoranda of Understanding (MoUs) were signed, demonstrating Hong Kong's role as super value-adder, successfully connecting people, information and capital.Facilitating global business opportunitiesThe 25 MoUs signed, including 4 G2G and 21 B2B, involving government bodies and companies from Hong Kong, Mainland China, ASEAN - Indonesia, Malaysia, Vietnam - and the Middle East - Bahrain, Kuwait, the United Arab Emirates - Kazakhstan and more.Following the HKSAR Chief Executive John Lee's mission to Laos, Cambodia and Vietnam with a business delegation and the mainland-Hong Kong visit to Hungary and Kazakhstan, these MoUs strengthened ties between Hong Kong and Belt and Road countries and regions.Among the 4 G2G MoUs, one was signed between the HKTDC and the Ministry of Commerce of Cambodia, an extension of the fruitful visit by the Hong Kong delegation to Cambodia in July. The MoU aims to establish a framework to promote bilateral trade and economic cooperation, particularly within the BRI. The areas of cooperation include facilitating trade missions and business matching between Cambodian and Hong Kong companies as well as promoting Hong Kong's advantages to Cambodian businesses.Among B2B MoUs, Farmacy International Pty Ltd from Hong Kong and FutureBright Society Enterprise Pty Ltd from Australia announced a strategic joint venture, Farmacy ANZ, that aims to drive sustainability in agricultural innovation and develop scalable green food networks across Australia and New Zealand.Raymond Mak, Co-Founder of Farmacy, stated: “Our technology is set to be a game-changer, contributing to a sustainable future for communities in Australia and New Zealand. The joint venture will also launch projects that are aligned with Belt and Road green initiatives, focusing on sustainable agriculture and conservation.”Michael Chan, Director of FutureBright, said: “The Belt and Road Summit provides a crucial platform for forging international partnerships that promote sustainable growth and innovation. Through this joint venture, Farmacy and FutureBright can attract investment and support for green technologies, advancing our shared vision of sustainable urban development and contributing to the broader goals of the Belt and Road Initiative.”State-Owned Enterprise of Indonesia - Perumda Varia Niaga Samarinda, LINKTA Technologies Holdings Limited from Indonesia and Rainmaker Ventures Holdings Limited from Hong Kong signed an MoU on strategic cooperation for technology investment to develop smart chicken farms and agriculture in Nusantara, Indonesia’s new capital region.Zoe Zhao, Founder and CEO of Rainmaker Ventures, said: “We as a venture capital firm from Hong Kong with exposure in Mainland China and Southeast Asia are keen to showcase our sustainable technologies portfolios and connect with other potential business partners, project owners and government connections as a process of venture-building. We expect to strengthen ties with our existing connections around the world with this global event in Hong Kong and explore new opportunities for emerging businesses and investments in Southeast Asia, demonstrating the impact brought by Brand Hong Kong sustainable technologies.”Over 280 investment projects matchedThe Summit’s offering of investment and business matching services received an overwhelming response with over 280 investment projects matched and more than 800 project matching meetings taking place, positioning Hong Kong as a key deal-maker in the region. These sessions focused on four main areas: (1) energy, natural resources and public utilities; (2) innovation and technology; (3) urban development; and (4) transport and logistics infrastructure. Following the physical Summit, business matching meetings will be conducted online on 16 and 17 September.The Summit once again featured an exhibition area showcasing more than 110 exhibitors, including a dedicated zone jointly organised by the Ministry of Commerce of the People's Republic of China and the HKTDC. This dedicated zone for mainland trade and services was set up with more than 50 trade and service enterprises from Beijing, Tianjin, Shanxi, Shanghai, Shandong, Hubei, Guangdong and Shaanxi, which highlighted innovative achievements in areas, such as greentech, culture and creativity, cross-border e-commerce, cloud services and big data.Heavyweight speakers delivered keynote addressYesterday’s Keynote Luncheon featured a welcome address by Paul Chan, Financial Secretary of the HKSAR Government, opening remarks by Chen Liang, Chairman of the Board of Directors and Chairman of the Management Committee of China International Capital Corporation Limited, and a keynote speech by Dilma Rousseff, President of New Development Bank.Dilma Rousseff said: “For developing countries, industrialisation is crucial and, to achieve it, they must undergo a process of catching up. In this context, innovation is the key to drive high productivity, which in turn creates better jobs and lays the foundation for inclusive and sustainable growth. Without international cooperation, closing this gap is extremely difficult. The Belt and Road Initiative stands out as a most relevant long-term financing and investment platform for green development, for sharing technologies, building capacities, digitalisation and connectivity.”Opportunities in the Middle East and emerging marketsA highlight of this year’s Summit was the Business Plenary today, themed Tapping the Markets of New Opportunities. The session was moderated by Ronnie C. Chan, Honorary Chair of Hang Lung Properties Limited. H.E. Mohamed Abduljabbar Alkoheji, Second Vice Chairman of the Bahrain Chamber of Commerce & Industry; Bonnie Y Chan, CEO of Hong Kong Exchanges and Clearing Limited; Peter Fekete, Group CEO of 4iG; Eric Ip, Group Managing Director of Hutchison Port Holdings Limited; and Dato Paduka Iqbal Khan, CEO of Fajr Capital, discussed emerging opportunities in the Middle East and other markets along the Belt and Road.Summit aligns with eight major stepsFollowing President Xi Jinping’s eight major steps announced last year in support of high-quality Belt and Road cooperation, the Summit launched two thematic breakout sessions, titled Multi-dimensional Connectivity under the Belt and Road Initiative and People-to-People Exchanges through Business and Cultural Collaboration.The first session featured discussions among scholars and experts from the shipping, port, airport, logistics and trade sectors, focusing on the progress and potential for connectivity within transport networks. The second session explored how economic collaboration and cultural exchanges can enhance mutual understanding and foster friendly relations among countries and regions along the Belt and Road.As part of Belt and Road Week, the Belt and Road Global Forum Annual Roundtable will take place tomorrow, during which Forum members exchange views on the latest BRI developments and seize collaboration opportunities.Photo download: https://bit.ly/4e1gbqBThe 9th Belt and Road Summit, co-organised by the HKSAR Government and the HKTDC successfully concluded today after a two-day run. The event attracted over 90 key government and business leaders from Belt and Road countries and regions; and over 6,000 business participants from over 70 countries and regions explored opportunitiesAmong 25 MoUs signed during the Summit, one of them was signed between the HKTDC and the Ministry of Commerce of Cambodia, an extension of the fruitful ASEAN visit by the Hong Kong delegation in July. In addition, the HKTDC has signed a joint action plan on professional services with the Shanghai Municipal Commission of CommerceToday’s Business Plenary, themed Tapping the Markets of New Opportunities, discussed emerging opportunities in the Middle East and other markets along the Belt and RoadDilma Rousseff, President of New Development Bank, delivered a keynote speech during yesterday’s Keynote LuncheonThe Summit once again featured an exhibition area showcasing more than 110 exhibitors, including a dedicated zone jointly organised by the Ministry of Commerce of the People's Republic of China and the HKTDC. This dedicated zone for mainland trade and services was set up with more than 50 trade and service enterprisesOver 280 investment projects were matched, and more than 800 one-to-one project matching meetings took placeThe debut Green Chapter highlighted Hong Kong’s advantages in green developmentMedia enquiriesYuan Tung Financial Relations:Anson WongTel: (852) 3428 3413Email: awong@yuantung.com.hkLouise SongTel: (852) 3428 5691Email: lsong@yuantung.com.hkHKTDC’s Communications & Public Affairs Department:Clayton LauwTel: (852) 2584 4472Email: clayton.y.lauw@hktdc.orgAgnes WatTel: (852) 2584 4554Email: agnes.ky.wat@hktdc.orgHKTDC Media Room: http://mediaroom.hktdc.comAbout 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
CBL International Limited Announces 1H 2024 Interim Financial Results ACN Newswire

CBL International Limited Announces 1H 2024 Interim Financial Results

Kuala Lumpur, Sept 12, 2024 - (ACN Newswire via SeaPRwire.com) — CBL International Limited (NASDAQ: BANL) (the “Company” or “CBL”), the listing vehicle of Banle Group (“Banle” or “the Group”), a leading marine fuel logistic company in the Asia-Pacific region, today announced its unaudited financial results for the six months ended June 30, 2024.Financial Highlights:- Revenue: Consolidated revenue for 1H 2024 increased by 44.4% to approximately $277.23 million, compared to $191.96 million in the same period in 2023. This significant growth was driven by a 39.4% year-over-year increase in sales volume, attributed to the expansion of the Company's global supply network and higher marine fuel demand due to geopolitical factors.- Gross Profit: Gross profit for the period was approximately $2.72 million, a decrease of 32.2% compared to $4.01 million for 1H 2023. This decline was primarily driven by the reduction in premium sold to customers and led to lower gross profit per ton, which was partially offset by an increase in volume sold.- Operating Expenses: Operating expenses rose by 64.0% to approximately $4.12 million, up from $2.51 million in 1H 2023. This increase was attributed to higher selling and distribution expenses related to our sales growth, strategic expansion in the Company's supply network to new geographic areas, and the development of our biofuel operations.- Net Income: The company reported a net loss of approximately $1.62 million, compared to a net income of $1.15 million in 1H 2023. The loss was driven by lower gross margin and higher operating costs.- Cash Flow: Net cash provided by operating activities was approximately $2.30 million, a significant improvement from a cash outflow of $7.24 million in 1H 2023, reflecting better management of working capital.- Cash position: As of June 30, 2024, Banle's consolidated cash balance increased by approximately $2.29 million, or 30.9%, to $9.69 million, compared to $7.40 million as of December 31, 2023. This increase was primarily driven by improved working capital management. The Company also reported a significant increase in accounts receivable and accounts payable balances, reflecting the growth in its sales activities.Operational Highlights:- Global Network Expansion: As of June 30, 2024, Banle expanded its global service network from 36 ports at our IPO in March 2023 to over 60 ports across Asia, Europe and Africa. This strategic expansion has enabled the Company to secure new bunkering business opportunities, particularly in European markets where environmental regulations are increasingly stringent. The opening of the Company's new office in Ireland in late 2023 has bolstered our market coverage and enhanced local sourcing capabilities. Notably, the Company completed inaugural bunkering services through a local physical supplier in Mauritius in May 2024, further strengthening our market presence.- Biofuel Initiatives: Banle continued its commitment to sustainability by expanding its B24 biofuel operations, obtaining ISCC EU and ISCC Plus certifications in 2023. The Company successfully commenced biofuel bunkering services through local physical suppliers in Hong Kong, China, and Malaysia, positioning itself as a pioneer in sustainable fuel solutions. The B24 biofuel blend, which includes 24% UCOME (used cooking oil methyl ester), offers a 20% reduction in greenhouse gas emissions compared to conventional marine fuels, aligning with global decarbonization efforts.- Response to Macroeconomic Environment: The global economy has shown signs of moderate growth in 2024, with emerging markets, particularly in Asia, driving this recovery. However, the shipping industry continues to face challenges such as fluctuating freight rates, port congestion, and disruptions in major trade routes due to the ongoing Red Sea Crisis. Banle has proactively adapted to these conditions, coordinating increased fuel supplies in Asian ports to meet heightened demand, ensuring that our customers' needs are met despite logistical challenges​​.Management Commentary:“We are pleased with the robust growth in our revenue and sales volume during the first half of 2024, despite the challenging market conditions. Our strategic initiatives, including the expansion of our service network and our focus on sustainable fuel solutions, have positioned us well to navigate these challenges and capitalize on emerging opportunities,” said Teck Lim Chia, Chairman & CEO of Banle Group. “While the current market environment has pressured our margins, we remain confident in our long-term strategy and our ability to deliver value to our shareholders.”Outlook:Looking ahead, Banle remains focused on expanding its market presence, particularly in the biofuel sector, and continuing to enhance its global supply network. The Company is committed to driving operational efficiency and delivering sustainable growth in the face of ongoing macroeconomic challenges.Webcast DetailsCBL International Limited (Nasdaq: BANL) cordially invites you to participate in a webcast to discuss its financial results for the six months ended June 30, 2024.Event:2024 Interim Results WebcastDate and Time:10:00 am – 11:00 am HKT on 13 September 2024 (Friday) 10:00 pm – 11:00 pm EST on 12 September 2024 (Thursday)Access:The webinar can be accessed live through the website or by scanning the QR code provided below.Webcast Link:https://webcast.roadshowchina.cn/SHMrSGhud1hrRTZTNmRkZ0dMb09Hdz09QR Code: About the Banle GroupCBL International Limited (Nasdaq: BANL) is the listing vehicle of Banle Group, a reputable marine fuel logistic company based in the Asia Pacific region that was established in 2015. We are committed to providing customers with one-stop solution for vessel refueling, which is referred to as bunkering facilitator in the bunkering industry. We facilitate vessel refueling mainly through local physical suppliers in over 60 major ports covering Belgium, China, Hong Kong, India, Japan, Korea, Malaysia, Mauritius, Panama, the Philippines, Singapore, Taiwan, Thailand, Turkey and Vietnam, as of August 28, 2024. The Group actively promotes the use of sustainable fuels and is awarded with the ISCC EU and ISCC Plus certifications.For more information about our company, please visit our website at: https://www.banle-intl.com.Forward-Looking StatementsCertain statements in this announcement are not historical facts but are forward-looking statements. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “could,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “plan,” “should,” “would,” “plan,” “future,” “outlook,” “potential,” “project” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other performance metrics and projections of market opportunity. They involve known and unknown risks and uncertainties and are based on various assumptions, whether or not identified in this press release and on current expectations of BANL’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of BANL. Some important factors that could cause actual results to differ materially from those in any forward-looking statements could include changes in domestic and foreign business, markets, financial, political and legal conditions, geopolitical disruptions and other events that result in material changes in fuel prices. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC.For more information, please contact:CBL International Limited Email: investors@banle-intl.comStrategic Financial Relations LimitedShelly Cheng Tel: (852) 2864 4857Iris Au Yeung Tel: (852) 2114 4913Email: sprg_cbl@sprg.com.hk Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Anson Receives Final Approval for Brine Extraction at its Green River Lithium Project ACN Newswire

Anson Receives Final Approval for Brine Extraction at its Green River Lithium Project

Final approval from State of Utah, Department of Natural Resources, Division of Water Rights,First State of Utah approval related to large scale lithium production at Green River,The approval process confirms the water resources and surrounding areas will not be negatively affected by brine extraction.NEWPORT BEACH, CA, Sept 13, 2024 - (ACN Newswire via SeaPRwire.com) - Anson Resources Limited (ASX:ASN) ("Anson Resources" or "the Company") is pleased to announce that today the State of Utah, Department of Natural Resources, Division of Water Rights (the Division) confirmed approval giving A1 Lithium the right to extract brine at its Green River, Utah lithium project. This is a key step required for A1 Lithium to produce environmentally-friendly clean lithium to supply the United States and is vital to expanding the Country's domestic supply for the transition to electric vehicles and the decarbonization of the US economy. Importantly, the project will have a substantial positive impact on the local economy providing well-paying full-time jobs and contributing millions in taxes.Given the state's vast resource and mining-friendly environment, Utah has potential to become the largest clean lithium producer in the USA. A1 Lithium estimates initial phase 1 annual production of approximately 10,000 tons of lithium carbonate, enough to power 250,000 electric vehicles a year. "Utah likely holds one of the largest economic lithium resources in the USA and can become the Texas of the electric vehicle era. A1 Lithium's project could make Utah the largest producer of clean lithium in the country." Said Greg Knox Senior Geologist for A1 Lithium. Brian Somers, President of the Utah Mining Association said "Utah potentially has the largest economic lithium resource in the US located in the Paradox Basin and is currently one of only two states producing lithium. Utah holds the potential to be the largest producer of lithium in the country and we need projects like A1 Lithium's to achieve that goal."The construction of the project will directly employ up to 500 local jobs and ongoing operations have the opportunity to reintegrate the Green River community. "A1 Lithium's project will directly provide 60 high-paying full-time jobs for people in the Southern Utah community and can potentially create an additional 58 jobs in order to support the local community's economic growth. This project can restore the prosperity of Green River that was lost when the mining industry and military left in the 1960's and 1970's. It will be transformational for our community" said Mayor of Green River Utah, Ren Hatt.The process A1 Lithium employs to extract lithium is an advanced technology called Direct Lithium Extraction (DLE) which is an environmentally responsible and sustainable approach. In fact, its unique aspects will help qualify the project as one of the cleanest and greenest sources of lithium in the world. The process uses dramatically less water than other lithium mining methods, produces significantly less carbon dioxide than hard rock mining and brine evaporation ponds, efficiently utilizes existing structures and land to reduce its footprint, and employs a closed loop process to ensure the efficient use of resources. Michael Swenson, a local consultant who was raised in Emery County noted "Clean domestically sourced lithium for EVs presents the single greatest opportunity to reduce the emissions from vehicles along the Wasatch Front. We should embrace this opportunity to use Utah lithium to improve Utah air, improve rural economies, and provide greater opportunities to live in rural communities like Green River."A1 Lithium's Green River lithium project is key to the US becoming independent of China's dominance in the battery supply chain. "If the U.S. is going to compete in the global minerals race, we must support the responsible use of our vast domestic resources such as those found in the Paradox Basin. With a proposed extraction process that is specifically designed to minimize impacts to the environment and recycles 95 percent of water used, A1 Lithium demonstrates why mined-in-America projects ensures that the U.S. supply chain start with minerals that are produced at the highest standards in accordance with the world's top environmental, labor and safety criteria." Rich Nolan, President and CEO, National Mining AssociationA1 Lithium's President, Bruce Richardson commented, "This approval to extract brine is significant as it is the first granted to a company by the State of Utah for the processing of brine for lithium extraction at Green River and reflects the quality of our project, our partners and our community support. Importantly, the Utah Department of Environmental Quality recently approved a underground injection control well for A1 which demonstrates that there is no connection between the brine that A1 Lithium intends to extract and surface waters including rivers and underground sources of drinking water. The process we have chosen to extract lithium returns the waste brine to the same formation from which it is extracted and is therefore a non-consumptive process, unlike evaporation ponds. This process has less impact upon the environment, which is one of our key objectives."Will MazeHead of Investor RelationsE: investors@ansonresources.comPh: +61 7 3132 7990SOURCE: Anson Resources Copyright 2024 ACN Newswire via SeaPRwire.com.
More
2024 Summit of young entrepreneurs from Macao, Guangdong, Hong Kong and Taiwan Held in Hong Kong ACN Newswire

2024 Summit of young entrepreneurs from Macao, Guangdong, Hong Kong and Taiwan Held in Hong Kong

HONG KONG, Sept 12, 2024 - (ACN Newswire via SeaPRwire.com) - Themed "Collaborative Innovation: Chasing Dreams in the Greater Bay Area", the "Union of Chinese Contemporaries" 2024 Summit of young entrepreneurs from Macao, Guangdong, Hong Kong and Taiwan (the "Summit") opened in Hong Kong yesterday. Vice Chairman of the Chinese People's Political Consultative Conference Leung Chun-ying, Chief Executive of the Hong Kong Special Administrative Region John Lee Ka-chiu, Chairman of the Guangdong Provincial Committee of the Chinese People's Political Consultative Conference and Party Secretary of Guangzhou Lin Keqing, Deputy Director of the CPPCC Hong Kong, Macao and Taiwan Overseas Chinese Committee Wang Rong, Vice director of the Taiwan Work Office of the Communist Party of China Central Committee and the Taiwan Affairs Office of the State Council Pan Xianzhang, Vice Chairman of the Kuomintang Lien Sheng-wen, Director of the Sun Yat-sen Foundation Tang Bingquan, President of the Hong Kong Guangdong Chamber of Foreign Investors Stephen Tai Tak-fung attended and spoke at the opening ceremony.Other officiating guests included Director of the Liaison Office of the Central People’s Government in the HKSAR Zheng Yanxiong, Commissioner of the Ministry of Foreign Affairs in the HKSAR Cui Jianchun, Vice Governor of Guangdong Province Deng Haiguang, Secretary for Constitutional and Mainland Affairs of HKSAR Erick Tsang Kwok-wai, Secretary for Home and Youth Affairs of the HKSAR Alice Mak,Secretary of the Guangdong Provincial Committee Chen Wenming, Vice chairman of Straits Economic and Cultural Interchange Association Chu Ping-yu, President of Macau Youth Entrepreneur Association Li Juren, Honorary Chairman of Association of Taiwan Investment Enterprises on the Mainland Kuo Shan Huei KUO, Chief President of The Association of the Hong Kong Members of Guangdong's CPPCC Committees Eric Fok Kai-shan, Founder and executive vice chairman of Hong Kong Guangdong Youth Association Adam Kwok Kai-fai, Executive Vice President of the Hong Kong Guangdong Chamber of Foreign Investors, Vice President of The Association of the Hong Kong Members of Guangdong's CPPCC Committees Liu Yi Man.In his speech, Leung Chun-ying, Vice Chairman of the Chinese People's Political Consultative Conference, discussed the recent close collaboration between Hong Kong and the Mainland, and highlighted the advantages of Hong Kong in aiding the high-quality development of the Guangdong-Hong Kong-Macao Greater Bay Area (“Greater Bay Area”), emphasizing the importance of leveraging the city's role as an international hub for finance, shipping and trade, and using her strengths in talent, language, legal frameworks, institutional systems, taxation, finance, and international market promotion. He said Hong Kong will play a significant role in the development of the Greater Bay Area. He also hoped for future opportunities to engage with young entrepreneurs from the mainland and other regions, and to encourage young people to seize the great opportunities for national rejuvenation and work together to create a brighter tomorrow.John Lee Ka-chiu, Chief Executive of the Hong Kong Special Administrative Region, said in his speech, "The Summit today presents an important platform for cooperation and exchanges among outstanding young entrepreneurs from both sides of the Taiwan Strait, as well as from Hong Kong and Macao, facilitating and promoting mutual learning and understanding, which is of great significance. The Hong Kong SAR Government has been actively encouraging youth innovation and entrepreneurship, motivating young entrepreneurs to pursue their dreams and realize their ambitions in the Greater Bay Area. The Pearl River Delta region has been a key area for Taiwanese enterprises to expand their business in the Mainland, and many Taiwanese businesses have already integrated into the local industrial chains. I hope young entrepreneurs on both sides of the Taiwan Straits will seize the opportunity for achieving high-quality development through collaboration in the Greater Bay Area, work diligently, innovate boldly, and make new milestones in their careers."Lin Keqing, chairman of the Guangdong Provincial Committee of the Chinese People's Political Consultative Conference and Party secretary of Guangzhou, commended the success of the exchange meeting. He said this year marks the fifth anniversary of the implementation of the "Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area" and that in the past five years, under the strong leadership of the central government, Guangdong, Hong Kong, and Macao have pursued synergistic innovation, complementing each other's strengths. The Greater Bay Area has witnessed a surge of creativity, showing the vast potential of growing into a world-class bay area. The Third Plenary Session of the 20th Central Committee of the Communist Party of China has established systematic arrangements to comprehensively deepen reforms and such developments are bringing new and significant opportunities for Hong Kong and Macao to better integrate into overall national development, injecting fresh momentum into expanding cross-strait cooperation and exchanges, helping deepen cross-strait integration and development. Currently, Guangdong is studying and implementing the spirit of the Third Plenary Session of the 20th Central Committee of the Communist Party of China, as well as the instructions in the important speeches of General Secretary Xi Jinping during his inspection of Guangdong. Construction of the Greater Bay Area presents the country with a significant opportunity for deepening reform and opening up, serving as a source of her high-quality development. Lin expressed hope that young entrepreneurs from Hong Kong, Guangdong, Macao, and Taiwan will actively seize the new major opportunities arising from the development of the country, better integrate into her new round of reform and opening up, and collaborate to create a vibrant chapter of pursuing dreams in the Greater Bay Area, achieve their aspirations and contribute to the bright future of national reunification and the great glory of national rejuvenation.In his speech, Wang Rong, Deputy Director of the CPPCC Hong Kong, Macao and Taiwan Overseas Chinese Committee, emphasized that in recent years, collaborative innovation between Guangdong, Hong Kong, and Macao has deepened significantly, and that technological innovation has driven industrial advancement, leading to the emergence of new industries, new models, and new momentum, which in turn has fostered new forms of productivity. The Greater Bay Area has become a rising global hub for innovation and growth, and the innovative development of the Greater Bay Area has attracted active participation of many Taiwanese entrepreneurs. In doing so, they are integrating into the new wave of national reform and opening up, as well as the process of Chinese-style modernization, helping create new opportunities for integrated development across the Taiwan Strait.In his speech, Lien Sheng-wen, Vice Chairman of the Kuomintang emphasized the infinite potential and charm of the Greater Bay Area. He believes the accumulation of talent pool in the Greater Bay Area is not limited to those from such fields as finance, trade, tourism, technology or industry, but also includes many other talent in the three places. More importantly, many young entrepreneurs dream about starting from scratch in the Greater Bay Area, investing in innovation and entrepreneurship, and ultimately creating outstanding enterprises.In his speech, Tang Bingquan, Director of the Sun Yat-sen Foundation, said, "The Greater Bay Area currently embodies boundless business opportunities and vast prospects. I hope through this year’s Summit, the young entrepreneurs from Guangdong, Hong Kong, Macau and Taiwan will see the new dynamics, new opportunities and information networks in the developing Greater Bay Area, and gain confidence in working together to foster innovative growth of the Area. I also hope to encourage more innovative enterprises and entrepreneurs to integrate and invest in the Greater Bay Area, and jointly build a world-class international bay area."Stephen Tai Tak-fung, President of the Hong Kong Guangdong Chamber of Foreign Investors, Founding Chief President of The Association of the Hong Kong Members of Guangdong's CPPCC Committees, pointed out that the theme of this year's Summit, which is "Collaborative Innovation: Chasing Dreams in the Greater Bay Area", is in line with the spirit of the Third Plenary Session and of essence to the construction of the Greater Bay Area. He said the Greater Bay Area is a major national strategy personally planned, deployed, and promoted by General Secretary Xi Jinping, and has an important strategic position in the new development pattern of the country. He thus hopes young entrepreneurs can make the best of the platform the exchange meeting provides to deepen mutual cooperation, give full play to their advantages and make greater contributions to the high-quality development of the country.Li Juren, President of Macau Youth Entrepreneur Association, said for young entrepreneurs from the four regions, it is a responsibility to anchor in the Greater Bay Area, which gives them a rare opportunity to integrate their strengths with those of the country to help her rejuvenate. He expects young entrepreneurs from various regions to learn from and inspire each other, drawing on and complementing each other's strengths. Through innovative cooperation, he aims to promote in-depth integration of urban agglomerations in the Greater Bay Area and together with all parties involved map out a grand blueprint for regional development.Deng Daixian, Secretary General of Taiwan Straits Economic and Cultural Interchange Association, believes economic, trade and cultural ties are crucial to connecting the two sides of the Taiwan Strait. Division of labor and cooperation along industrial chains and comprehensive economic integration and development are in the common interest of enterprises and people from the four regions cross-strait. He hopes young entrepreneurs from Guangdong, Hong Kong, Macao and Taiwan can collaborate to complement each other's strengths, establish a comprehensive exchange and cooperation platform, and open a broader and brighter future for themselves by tapping the development momentum of the Greater China Economic Area.This year's Summit gathered more than 400 young entrepreneurs from the two sides of the Taiwan Strait and the Hong Kong and Macau regions in Hong Kong to discuss cooperative development. It was an opportunity to establish an exchange and cooperation platform for promoting complementary advantages among the four regions, strengthening regional cooperation, and driving economic development in the Greater Bay Area. Representatives of young entrepreneurs from Guangdong, Hong Kong, Macau, and Taiwan took part in the afternoon enterprise forums and roundtable dialogues, engaging in enthralled discussions and exchanges on popular topics such as digital intelligence and modern finance, sharing their work experiences and unique insights about their industries.The Summit also arranged visits the following day for the participating young entrepreneurs to Hong Kong's landmarks in finance, innovation and technology, culture and art, including the HKMA Information Centre, the Stock Exchange of Hong Kong, Cyberport, West Kowloon Art Park, and the Palace Museum, allowing them to gain a deeper understanding of Hong Kong from multiple perspectives and further enhance exchanges and cooperation.The Summit was jointly organized by the Hong Kong Guangdong Foreign Businessmen Association, the Political Consultative Conference Members Friendship Associations in Hong Kong and Guangdong, the Sun Yat-sen Foundation, the Guangdong Youth Federation, the Macau Young Entrepreneurs Association, the Macau Youth Federation, the Taiwan Straits Economic and Cultural Interchange Association, and the Taiwan Elite Association.It was first held in 2016 and six sessions have taken place so far in Taiwan, Hong Kong, Macau, and Guangzhou, participated by more than 40 youth organizations and more than 2,600 outstanding young entrepreneurs, playing the significant role of promoting exchanges and cooperation among young entrepreneurs from the four regions. The Summit has helped spread the notion that "both sides of the Taiwan Strait are one family/people on both sides of the Taiwan Strait are all of the same family" and allowed sharing of successful "one country, two systems" experiences, while also fostering the peaceful development of cross-strait relations and contributing to the prosperity and stability of Hong Kong and Macau.The "Union of Chinese Contemporaries" 2024 Summit of young entrepreneursfrom Macao, Guangdong, Hong Kong and Taiwan opens in Hong Kong.Group photo of officiating guests and representatives of organizersOfficiating guests from both sides of the Taiwan Strait and Macao,Guangdong, Hong Kong and Taiwan attend the SummitVice Chairman of the Chinese People's Political Consultative ConferenceLeung Chun-yingJohn Lee Ka-chiu, Chief Executive of the Hong Kong Special AdministrativeRegionLin Keqing, chairman of the Guangdong Provincial Committee of the ChinesePeople's Political Consultative Conference and Party secretary of GuangzhouWang Rong, Deputy Director of the CPPCC Hong Kong, Macao and TaiwanOverseas Chinese CommitteeLien Sheng-wen, Vice Chairman of the KuomintangTang Bingquan, Director of the Sun Yat-sen FoundationStephen Tai Tak-fung, President of the Hong Kong Guangdong Chamber ofForeign Investors, Chief President of The Association of the Hong KongMembers of Guangdong's CPPCC CommitteesLi Juren, President of Macau Youth Entrepreneur AssociationDeng Daixian, Secretary General of Taiwan Straits Economic and CulturalInterchange AssociationAbout "Union of Chinese Contemporaries" — Summit of young entrepreneurs from Macao, Guangdong, Hong Kong and TaiwanThe aims of the "Union of Chinese Contemporaries" — Summit of young entrepreneurs from Macao, Guangdong, Hong Kong and Taiwan” are to implement General Secretary Xi Jinping’s important thoughts on Hong Kong, Macau, and Taiwan affairs, promote the great spirit of Mr. Sun Yat-sen’s "Rejuvenation of the Chinese Nation" and "the world is for the public," strengthen exchanges and cooperation among young entrepreneurs from both sides of the Taiwan Strait and the Hong Kong and Macau regions, foster the peaceful development of cross-strait relations, and ensure prosperity and stability in Hong Kong and Macau, and contribute to national strength and rejuvenation. It is jointly organized by the Sun Yat-sen Foundation, Guangdong Youth Federation, Friends of Hong Kong Association, Political Consultative Conference Members Friendship Associations in Hong Kong and Guangdong, Taiwan Straits Economic and Cultural Interchange Association, and Taiwan Elite Association, among others. Since its inaugural session in Taiwan in 2016, six sessions have taken place in Hong Kong, Macau, and Guangdong. More than 40 youth organizations and more than 2,600 young entrepreneurs from both sides of the Taiwan Strait and the Hong Kong and Macau regions have participated to date in the exchanges, establishing a platform for cooperation among young entrepreneurs. This year, the Mainland Affairs Council of Taiwan has again designated the event as a key project for national interchanges with Taiwan. Copyright 2024 ACN Newswire via SeaPRwire.com.
More

Midea Group Accelerates Global Expansion

HONG KONG, Sept 12, 2024 - (ACN Newswire via SeaPRwire.com) - On August 19, Midea Group, a leading global enterprise in home appliances and smart manufacturing, released its interim results report for 2024. The report indicates that the Company achieved a total revenue of RMB218.1 billion, representing a year-on-year increase of 10%. Net profit attributable to shareholders of the listed company reached RMB20.8 billion, representing a year-on-year increase of 14%. Both revenue and net profit saw double-digit growth, further solidifying the Company’s leading role in the industry.Highly Emphasizing ESG and Establishing a Strong Global Business ProfileIn the first half of 2024, Midea Group has centered its core values around advanced ESG principles, continually making deep efforts in areas of environment, society and corporate governance, setting a benchmark for the sustainable development in the industry. The data reveals that the Company has planned and implemented 1,415 energy-saving and carbon-reduction projects in the first half of the year, with anticipated annual profits reaching RMB170 million, demonstrating the Company’s firm commitment to green transformation and outstanding achievements.In terms of social responsibility, Midea Group has made generous contributions, including RMB1 million to No. 2 Middle School in Dongfeng Town, Zhongshan City, to support educational infrastructure, and RMB400,000 to Dandelion School-Beijing, to support the development of education and improve the lives of teachers and students, demonstrating the Company’s deep commitment to social welfare and promoting educational equity.With its outstanding contributions in the ESG field, Midea Group was listed on the “Fortune 2023 China ESG Impact List” and honored with the “Forbes China’s ESG Inspirational Case for 2023” award, which further consolidates its leadership in the ESG and establishes its image as a responsible and committed enterprise in the global market.Strengthening Investment in Science and Technology to Significant Improve the Overall CompetitivenessWhile implementing the ESG concept, Midea Group takes innovation as its core strategy and continues to increase its investment in research and development (R&D), leading the new trend of technological advancement and product innovation. In the first half of 2024, the Company’s investment in R&D amounted to RMB7.66 billion, representing a year-on-year increase of 15.91%. More than 5,000 new patents have been licensed and the number of patents held is the eighth largest in the world. These dazzling achievements are not only the crystallization of the Company’s technological innovation, but also a powerful demonstration of the commitment to technological leadership and the pursuit of excellence. Through in-depth R&D, the Company is accelerating the iteration and innovation in the field of smart home, bringing consumers a more intelligent, convenient and comfortable living experience, and is expected to make a huge difference in the field of smart home in the future.Accelerating Overseas Business Development and Continuing to Deepen Globalization StrategyMidea Group continues to deepen and expand its global business layout, accelerating the breakthrough of its global operations. Data shows that in the first half of 2024, Midea’s overseas OBM business revenue accounted for nearly half of the revenue from its overseas Smart Home Solutions, with over 40% market share highlighting its strong brand influence and market competitiveness.It is particularly noteworthy that Midea Group’s overseas e-commerce business under its own brand has experienced explosive growth. In the first half of 2024, e-commerce sales revenue increased by over 50% year-on-year. Many star products topped Amazon’s best-seller lists, successfully winning the hearts of consumers in multiple countries.On its path to globalization, Midea Group is well aware of the importance of “R&D first” and has accelerated the construction and scale expansion of overseas R&D centers , with 17 R&D centers established in 10 countries around the world, building a global network with complementary advantages.At the same time, the Company places great emphasis on talent development, actively promoting a “Diversity, Equity and Inclusion” (DEI) corporate culture. It is intensifying efforts to attract and cultivate local talent teams in its overseas markets. By integrating the strengths of local and international talents, the Company continually optimizes its talent structure, providing solid support for the sustainable and healthy development of its overseas business.In terms of manufacturing presence, Midea Group has also demonstrated strong foresight and execution capabilities. Currently, the Group’s manufacturing is primarily carried out in 43 major manufacturing bases worldwide, including 22 overseas bases, enabling it to produce and deliver globally in a seamless manner. Also, the Company also actively promoted the smooth production of four national manufacturing bases and the construction of new factories at four production bases, further enhancing the global supply chain system, boosting brand influence and increasing market competitiveness to achieve long-term global strategic goals.Overall, in the first half of 2024, through continuous investment in innovation, global market expansion, effective brand building and active ESG practices, Midea Group has achieved a series of impressive results, winning the trust and favor of consumers worldwide. In the future, the Company will continue to drive innovation, deepen digital transformation, improve operational efficiency, and collaborate with global partners, focusing on users and constantly exploring smart home and smart manufacturing to create a better living experience for consumers around the world. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Petchsrivichai Enterprise PCL (SET: PCE) commences first-day trading on SET ACN Newswire

Petchsrivichai Enterprise PCL (SET: PCE) commences first-day trading on SET

BANGKOK, Sept 12, 2024 - (ACN Newswire via SeaPRwire.com) - Petchsrivichai Enterprise PCL (SET: PCE), a leader in the integrated palm oil industry, today began trading on the Stock Exchange of Thailand (SET), highlighting the Company’s readiness as an integrated producer and distributor of palm oil products with a supply chain management system in place, to respond to customer needs as a One-Stop Service.The Company is also proceeding with the expansion of its palm oil extraction plant and palm olein production plat, taking advantage of the opportunity while the palm oil industry is expanding both domestically and in the export market, to create growth in a bid to become a leader in the palm oil industry at the national level.Mr. Prakit Prasitsupaphol, CEO & Managing Director of Petchsrivichai Enterprise PCL, announced that the Company began trading PCE shares on the SET today, September 12, in the Agro & Food Industry Group, Agribusiness Sector, under the abbreviation PCE. This followed the successful IPO of 750 million common shares for 2.28 baht per share. At the IPO, PCE shares received overwhelming interest from investors, reflecting confidence in the Company’s integrated palm oil business. In so doing, they helped to make PEC one of the stocks that attracted keen interest from investors from the first day of trading.PCE has set its growth strategy to become a leader in the integrated palm oil industry at the national level through 1. Being a leader in the integrated palm oil industry with full management readiness of the supply chain system, as group companies possess combined production processes for palm oil products from upstream to downstream, warehousing and port services, as well as the modern transportation processes to meet customer needs in the form of “One-Stop Service”, with nearly 40 years of direct experience in the industry; 2. The group’s location is in Surat Thani Province, an ideally strategic area for raw material sourcing and being close to customers and seaports; 3. The group’s production processes and quality control have been certified by international standards.The Company plans to use the funds raised in the SET to invest in the expansion of a crude palm oil extraction plant, doubling the production capacity from the current 60 tons of fresh palm fruits per hour, along with increasing the stability of the supply of raw material and crude palm oil supply for further refining processes, as well as investing in machinery and equipment to double the production capacity of palm olein for consumption from the current 300 tons per day. The Company’s two production plants were already operating at 80-90% of installed production capacity. Moreover, the fund will also be used to improve the efficiency of the production process, to expand the market in all sectors both domestically and in the export markets, and to invest in technology that will apply to research and further development, to add value to products and create opportunities in new markets in the future.As for the operating results for 2021 to 2023, the total revenues were 28,178.54 million baht, 32,696.15 million baht, and 24,722.79 million baht, respectively, while the net profits were 847.33 million baht and 214.40 million baht, and 330.50 million baht, respectively. For the first six months of 2024, the group had a total revenue of 12,921.47 million baht and a net profit of 211.97 million baht, similar to those of the same period of the previous year. In 2023, the group’s main revenue was derived from the palm oil industry at 98.61%, with the sales proportion of 63.67% for the domestic market and 36.33% for the international market.Mr Somsak Sirichainarumitr, CEO of Asset Pro Management Co Ltd (APM), as a financial advisor, said PCE is considered the first fully integrated palm oil industry leader to list on the SET and has the potential to grow in line with the expansion of the palm oil industry, spurred on by growing purchasing power in both domestic and international markets, for consumption or applications, by the renewable energy groups where demand is continuously increasing, and in the use of oleochemicals as ingredients in products such as cosmetics, soaps, skin care creams, etc., following the recovery of the domestic and global economies. They are also applicable to the biodiesel industry.Ms. Nalyne Viriyasathien, Managing Director, Investment Banking and Advisory of Maybank Securities (Thailand) PCL, as Joint Lead Underwriter, said PCE’s IPO offering of 750 million shares at 2.28 baht per share, or 1,710 million baht, was enthusiastically received by both retail and institutional investors. This was because investors were confident in the business potential of PCE, a leader in the palm oil industry with high growth potential. They also believed PCE would be another quality stock for investors in the Thai capital market.Mr. Payupat Mahabhol, managing director of investment banking at Yuanta Securities (Thailand) Co Ltd and joint lead underwriter, said that he was confident that PCE would be a growth stock that would generate good returns for investors. The company’s strength as a leader in the integrated palm oil industry and its ability to manage the supply chain system that provides customers with a one-stop service can help reduce extraneous costs. Therefore, for PCE as an enterprise with strong business partnerships, this fundraising will help strengthen its capital, which will be used to expand the business and further the Company’s growth according to its business plan.Released by Public Relations Dept., MT Multimedia Co., Ltd. for Petchsrivichai Enterprise Plc.For more information, please contact: Thiyaporn “Dah” SriadunphanTel. +66 (0) 87 556 6974; Email: thiyaporn.s@mtmultimedia.comPetchsrivichai Enterprise PCL [SET: PCE; PCE/F; PCE/R] https://pce-th.com/ Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Pixotope Forges Strategic Partnership with Happy Elephant Consortium for Asia-Pacific Expansion ACN Newswire

Pixotope Forges Strategic Partnership with Happy Elephant Consortium for Asia-Pacific Expansion

OSLO, NORWAY, Sept 11, 2024 - (ACN Newswire via SeaPRwire.com) - Pixotope Technologies AS, the leading platform for end-to-end real-time virtual production solutions, is excited to announce a landmark partnership with the Happy Elephant consortium as its exclusive distributor for Greater China and selected countries in Southeast Asia region. This collaboration marks a pivotal moment in Pixotope's global growth strategy, set to transform virtual production accessibility in one of the world's most vibrant and rapidly evolving markets.The Happy Elephant consortium, uniting the formidable talents of Happy Elephant, Totem Vision, and Socam, brings a wealth of expertise and established market presence to this partnership. Their collective prowess in digital display technology, studio design, and audiovisual integration matches seamlessly with Pixotope's state-of-the-art virtual production software. This synergy promises to catalyze innovation and unleash creative potential across the region.Marcus B. Brodersen, CEO of Pixotope Technologies AS, expressed his enthusiasm: "Our partnership with the Happy Elephant consortium opens up unprecedented opportunities for Pixotope. By combining forces with Happy Elephant, Totem Vision, and Socam, we're not merely expanding our reach - we're unlocking a new realm of possibilities for content creators throughout Asia-Pacific. Their profound understanding of local markets, coupled with our cutting-edge technology, will empower media producers to redefine the boundaries of virtual production."The exclusive distribution agreement, centered on Pixotope's enterprise product portfolio, encompasses the entire Greater China and selected regions in Southeast Asia, positioning the partnership for significant market impact.XiaLi, CEO at Happy Elephant consortium, shared their perspective: "We are thrilled to partner with Pixotope and further expand the reach of their groundbreaking virtual production platform to the APAC market. This collaboration perfectly aligns with our commitment to delivering advanced, comprehensive media solutions. Together, we will enable storytellers across Asia to craft immersive, high-quality content that resonates with global audiences."To ensure seamless integration and local support, XuYang, Pixotope's sales manager in China, will serve as the regional sales manager and key liaison between the partners, providing continuity and leveraging his regional expertise.The partnership is effective immediately, with Pixotope and the Happy Elephant consortium collaborating closely to ensure a smooth transition and capitalize on the myriad of opportunities ahead.About PixotopePixotope Technologies AS is an award-winning software company at the forefront of virtual production innovation. With a proven track record in the most demanding live productions worldwide, Pixotope provides media content creators with a robust, end-to-end Virtual Production Platform. Operating globally with 24/7 support and a presence across four continents, Pixotope is committed to making virtual production accessible, user-friendly, and successful for all media creators.For more information, visit https://www.pixotope.com/About Happy Elephant ConsortiumThe Happy Elephant consortium unites the strengths of Happy Elephant, Totem Vision, and Socam to deliver comprehensive digital media solutions:Happy Elephant: A leading 3D and virtual production specialist offering end-to-end solutions across the digital media spectrum. Their expertise spans advanced AR, VR, and XR solutions for On-Air Graphics, virtual character development, and innovative studio stage design and construction.Totem Vision: Established in Guangzhou in 2022 by CDV (NewAuto), Totem Vision is a pioneer in digital display interactive technology, leveraging Video+AI innovations. With three decades of experience serving prominent national clients, they are recognized leaders in ultra-high-definition virtual and real fusion equipment.Socam: Founded in 2004, Socam specializes in professional radio and television markets, excelling in audio and video system integration. Their comprehensive services encompass all-media studio design and production, LED screen system engineering, post-production services, and virtual scene design and production.For media inquiries, please contact: XuYang (xu.yang@pixotope.com) or Jana Amirali (jana.amirali@pixotope.com).SOURCE: Pixotope Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Sculpting Reimagined: Maxon Releases ZBrush for iPad ACN Newswire

Sculpting Reimagined: Maxon Releases ZBrush for iPad

BAD HOMBURG VOR DER HOHE, GERMANY, Sept 11, 2024 - (ACN Newswire via SeaPRwire.com) - Maxon, maker of powerful, user-friendly software solutions for content creators working in 2D and 3D design, motion graphics, visual effects, and more today announced ZBrush for iPad.ZBrush for iPad now available. Artist credit Lucas Cuenca.Created by artists for artists, ZBrush for iPad is revolutionizing digital sculpting by making it possible to take the power of Academy Award-winning ZBrush on the go to sculpt, paint, and bring creations to life anywhere in real time with Apple's touch-based capabilities!ZBrush for iPad also offers many of the same tools and features found in the desktop version, including the collection of leading, proprietary digital sculpting brushes created with real-world sculpting techniques in mind. Users will also be glad to know sculpting on the go does not mean sacrificing polygon count, depending on iPad memory and version. The latest M4 iPad with at least one terabyte (TB) of storage, for example, can reach up to 92 million polygons per mesh.ZBrush for iPad also features a highly customizable user interface that expands on the desktop version's QuickMenu, making it easy to arrange sculpting tools for a more optimized, personal experience. And it's also possible to customize the Apple Pencil double tap or Pencil Pro squeeze to complete an action, like framing a mesh in the document or turning on PolyGroup.ZBrush for iPad includes over 200 of ZBrush's leading digital sculpting brushes.Additional ZBrush for iPad Feature Highlights:ZRemesher generates a new mesh with an even distribution of polygons, preserving the essential details and flow of the original surface.Sculptris Pro adds and reduces triangle tessellation with each brush stroke, making it simple to focus on sculpting without worrying about technical restraints.DynaMesh retopologizes while sculpting, so it's possible to stretch digital clay or add volume while retaining the same basic capacity for detail.Array Mesh makes it possible to create duplicate instances of geometry in varying patterns and shapes in real time.The Dynamicssystem enhances sculpts by allowing any surface to be draped over another surface.Live Boolean gives users the ability to combine, subtract, and/or use intersections to create unique results.PolyPaint makes iteasy to paint and sculpt at the same time, making it possible to paint on the surface of a model without first assigning a texture map.Included with ZBrush and Maxon One subscriptions - and available as a stand-alone subscription too - ZBrush for iPad includes over 200 of ZBrush's leading digital sculpting brushes and the ability to easily load the thousands of custom brushes that have been created by incredible users!ZBrush and Maxon One subscribers can also share ZTool (ZTL) and ZProject (ZPR) files between iPad and desktop seamlessly. GoZ can also be used to move files between versions with one click.For anyone wanting to try the world's leading digital sculpting application, ZBrush for iPad also has a free plan that offers a robust sculpting experience with an introductory set of 28 of the most popular brushes and limited features for tools like Dynamesh, SculptrisPro, ZSpheres, and ZRemesher. And it's available at the App Store now!For professionals who need to work on location, or just want to take the unrivaled capabilities of ZBrush someplace more comfortable and inspiring, ZBrush for iPad is a game changer that puts creativity first without constraints.ZBrush for iPad requires iPadOS 17 or later, and is available on iPad models with A12 Bionic or later.About MaxonMaxon makes powerful, yet approachable software solutions for content creators working in 2D and 3D design, motion graphics, visual effects and visualization. Maxon's innovative product portfolio helps artists supercharge their creative workflows. Our product lines include the award-winning Cinema 4D suite of 3D modeling, simulation and animation technology; the creativity-on-the-go Forger mobile sculpting app; the diverse Red Giant lineup of revolutionary editing, motion design and filmmaking tools; the leading-edge, blazingly fast Redshift renderer; and ZBrush, the industry-standard digital sculpting and painting solution.Press ContactChloe LarbyGrithaus Agency(e) chloe@grithaus.agency(p) +44 7454 012045SOURCE: Maxon Computers Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Belt and Road Summit Opened Today ACN Newswire

Belt and Road Summit Opened Today

HONG KONG, Sept 11, 2024 - (ACN Newswire via SeaPRwire.com) - The ninth Belt and Road Summit, co-organised by the Hong Kong Special Administrative Region Government (HKSAR) and the Hong Kong Trade Development Council (HKTDC), opened today at the Hong Kong Convention and Exhibition Centre.The theme is Building a Connected, Innovative and Green Belt and Road. As one of the celebrations for the 75th anniversary of the founding of the People's Republic of China, the Summit brings together over 90 policymakers and business leaders from Belt and Road countries and regions. It centres on the eight major steps President Xi Jinping announced last year to support the high-quality development of the Belt and Road Initiative (BRI) and explores cooperation opportunities for the next golden decade of the BRI.The Opening Session featured opening remarks by John Lee, Chief Executive of the HKSAR, and welcome remarks by Dr Peter K N Lam, Chairman of the HKTDC. Special addresses were delivered by Li Yongjie, Deputy China International Trade Representative of the Ministry of Commerce of the People’s Republic of China; Gou Ping, Vice Chairman of the State-owned Assets Supervision and Administration Commission of the State Council of the People’s Republic of China; and Xiao Weiming, Deputy Secretary-General of the National Development and Reform Commission of the People’s Republic of China. A keynote address was delivered by H.E. Nguyen Hoa Binh, Permanent Deputy Prime Minister of Vietnam.John Lee said during his opening remarks: “Green development is increasingly important in Belt and Road collaboration. Hong Kong contributes to the cause of sustainability by not only developing green tech, but also by leveraging our expertise in financial services and driving the development of green finance. Earlier this year, we launched the world's first multi-currency, tokenised green bond, part of our commitment to Hong Kong's rise as a green finance hub.”Dr Lam said: “Innovation and sustainability are key drivers of growth today. We will discuss how we can work more closely together to create a more innovative and greener Belt and Road. With its unique strengths and advantages, Hong Kong is ideally placed to foster collaboration. As the most international city in the Guangdong-Hong Kong-Macao Greater Bay Area and gateway to the vast Mainland China market, Hong Kong can facilitate many opportunities across Asia and beyond. ASEAN – our second-largest trading partner – will be a market highlight at this year’s Summit, following the recent mission we organised to Laos, Cambodia and Vietnam led by Hong Kong SAR Chief Executive John Lee.”In her remarks, Li Yongjie said: “Under the framework of The Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA), the Ministry of Commerce (MOFCOM) supports Hong Kong to enhance its status as an international financial, shipping and trading centre, and to play the role of a hub and platform in the Belt and Road Initiative. The MOFCOM will support Hong Kong in signing free trade agreements and investment protection agreements with more countries and regions, and to join Regional Comprehensive Economic Partnership as soon as possible. The MOFCOM will also support mainland and Hong Kong enterprises to strengthen information exchange, deepen cooperation on Belt and Road projects, enhance Hong Kong's participation in the Belt and Road Initiative, and strengthen Hong Kong's status as an international trade centre.”H.E. Nguyen Hoa Binh said during his speech: “The global economy is experiencing significant transformations in its structure and growth model, requiring both governments and the business community to collaborate in promoting initiatives on economic cooperation and integration that support peace, cooperation and development at regional and global levels. I am confident that with the commitment and sound policies of our governments, along with the support and active engagement of the business community and by embracing a spirit of equality, openness and mutual benefit while upholding international law, the Belt and Road Initiative will continue to flourish.”Deepening multilateral cooperation for a win-win futureFollowing the successful outcomes of Chief Executive John Lee's ASEAN visit in July, organised by the HKTDC, the Summit aims to further deepen relations between Hong Kong and ASEAN as well as other emerging markets along the Belt and Road.The Policy Dialogue, hosted by Algernon Yau, Secretary for Commerce and Economic Development of the HKSAR, focused on Multilateral Cooperation for an Interconnected World. Invited ministerial-level officials from ASEAN and Central Asia who explored opportunities for multilateral cooperation include: H.E. Lim Lork Piseth, Secretary of State, Ministry of Commerce, Cambodia; Rachmat Kaimuddin, Deputy Coordinating Minister, Maritime Affairs and Investment in Infrastructure and Transportation, Indonesia; Arman Kassenov, Vice-Minister of National Economy, the Republic of Kazakhstan.One highlight of the first day was the Business Plenary chaired by Professor KC Chan, Chairman of WeLab Bank. This session featured Ding Yanzhang, Chairman of Power Construction Corporation of China; Clara Chan, Chief Executive Officer of Lee Kee Group; Dato’ Seri Cheah Cheng Hye, Co-Chairman and Co-Chief Investment Officer of Value Partners Group; Shinta Widjaja Kamdani, Chief Executive Officer of Sintesa Group. They discussed Hong Kong's role in promoting multilateral business cooperation as well as strategies that global companies are adopting in response to the latest international situation. In the evening, a cocktail reception took place with welcoming and opening remarks from Dr Peter K N Lam, and Sun Yu, Vice Chairman and Chief Executive of Bank of China (HK) Limited. Algernon Yau, Secretary for Commerce and Economic Development of the Hong Kong SAR, also delivered special remarks.The Keynote Luncheon featured a welcome address by Paul Chan, Financial Secretary of the HKSAR Government, opening remarks by Chen Liang, Chairman of the Board of Directors and Chairman of the Management Committee of China International Capital Corporation Limited, and a keynote speech by Dilma Rousseff, President of New Development Bank.Comprehensive analyses of topical issues on the first day of the thematic breakout sessionAs the Belt and Road Initiative enters its next golden decade, there is increasing demand for efficient, one-stop legal and dispute resolution services. A thematic breakout session titled Building a Green, Sustainable and Innovative Silk Road through Hong Kong’s Legal and Dispute Resolution Services was co-hosted with the Department of Justice of the HKSAR. The session began with welcome remarks from Paul TK Lam, Secretary for Justice of the HKSAR Government, featuring business leaders from the Hong Kong International Arbitration Centre and law firms. Another thematic breakout session on the first day was co-hosted with the Insurance Authority, titled Role of Captive Insurance in Supporting Belt and Road Initiative.Additionally, the Summit co-hosted the Mainland-Hong Kong Trade In Services Symposium with the Ministry of Commerce of the People's Republic of China (MOFCOM). This symposium analysed the latest developments across various sectors, driving service innovation along the Belt and Road, with representatives from leading companies in telecommunications, AI and professional services. The Symposium also features a pavilion brought by MOFCOM, which brings together exhibitors in the fields of green technology, business services and cultural trade to showcase China's achievements in trade in services to global buyers, and to build a platform for collaboratively exploring the international market.Debut Green Chapter highlights Hong Kong's green advantagesThis year’s Summit introduces a new Green Chapter, featuring a series of thematic breakout sessions related to green construction, innovation and finance, allowing participants to explore ways of developing green businesses leveraging Hong Kong as a platform.The Charting Green Development for a Connected World session discussed strategies for optimising green infrastructure development. It was co-hosted by the China International Contractors Association. The speakers at this session were: Chen Zhong, Vice General Manager of China Communications Construction Group Limited; Harry Lai, Executive Director of Hong Kong Green Building Council; Wu Yun, Deputy General Manager of China Energy Engineering Group Co., Ltd; Rex Wong, CEO of Kam Shing Group; and Mi Zhihui, Vice President of Shanghai Municipal Engineering Design Institute (Group) Co., Ltd.Second Business Plenary to explore opportunities in the Middle EastTomorrow's Business Plenary will be chaired by Ronnie C. Chan, Honorary Chair of Hang Lung Properties Limited. The business plenary, which will explore opportunities in the Middle East and other Belt and Road markets, will feature: Mohamed Abduljabbar Alkoheji, Second Vice-Chairman of the Bahrain Chamber of Commerce and Industry; Bonnie Y Chan, Chief Executive Officer of Hong Kong Exchanges and Clearing Limited; Peter Fekete, Group CEO of 4iG from Hungary; Eric Ip, Group Managing Director of Hutchison Port Holdings Limited from Hong Kong; Iqbal Khan, Chief Executive Officer of Fajr Capital from UAE; and Bui Kim Thuy, Deputy CEO of VinFast from Vietnam.Two new thematic breakout sessions will also take place tomorrow – Multi-dimensional Connectivity under the Belt and Road Initiative and People-to-people Exchanges through Business and Cultural Collaboration – discussing progress in transport connectivity and ways in which economic and cultural exchanges can enhance mutual understanding. The Green Chapter will also have two sessions tomorrow on Smart and Green Silk Road and Developing Viable Sustainable Infrastructure Projects. Two sessions from the Finance Chapter will discuss how businesses can seize financial services opportunities in the Belt and Road via Hong Kong to expand in ASEAN and the Middle East and the impact of financial innovation and technology on BRI development. A Youth Chapter session brings together young business leaders to talk about the ways in which youth can harness opportunities presented by the BRI.19 MoUs signed on Day 119 Memoranda of Understanding (MoUs) signed on the first day of the Summit. Signatories of the 4 G2G MoUs and 15 B2B MoUs comprised government and businesses from the Middle East and ASEAN, including the United Arab Emirates, Indonesia, Malaysia and Vietnam as well as Australia. Areas covered include infrastructure, energy and sustainable development. This year’s Summit continues to offer investment and business matching services, including one-to-one project matching meetings and project investment sessions. The business matching service provides a full range of options, in both physical form on 11-12 September and online on 16-17 September, with more than 280 investment projects expected to be matched and more than 800 one-to-one project matching meetings taking place.The Summit continues to feature an exhibition area showcasing more than 100 exhibitors across three distinct zones: the Hong Kong Zone, Global Investment Zone and InnoTech Zone. The Hong Kong Zone highlights the services and business advantages of Hong Kong service providers. The Global Investment Zone presents large-scale investment projects, cultural and technological developments as well as global investment opportunities. The InnoTech Zone showcases cutting-edge innovations, AI, digital technologies and solutions from around the world.The Strategic Partner for the 9th Belt and Road Summit is Bank of China International Capital Corporation Ltd. The Banking Partner is Bank of China (Hong Kong) Limited. The Global Connectivity Partner is the Hongkong and Shanghai Banking Corporation Limited. The New Economy Partner is Standard Chartered. The Diamond Sponsor is Huatai International Financial Holdings Company, while China Mobile International Limited, China National Petroleum Corporation, China Telecom Global and China Unicom Global Limited are Platinum Sponsors.The 9th Belt and Road SummitDate11-12 September 2024VenueHall 5B-E, Hong Kong Convention and Exhibition CentreWebsitesBelt and Road Summit: https://www.beltandroadSummit.hk/conference/bnr/enProgram: https://www.beltandroadsummit.com/conference/bnr/en/programmeSpeaker list: https://www.beltandroadsummit.com/conference/bnr/en/speakerPhoto download: https://bit.ly/4dhRGVbThe ninth Belt and Road Summit, co-organised by the Hong Kong SAR Government and the HKTDC, opened today under the theme Building a Connected, Innovative and Green Belt and Road. The event gathered more than 90 key officials and business leaders from countries and regions along the Belt and Road to explore the latest BRI cooperation opportunitiesJohn Lee, Chief Executive of the Hong Kong SAR, delivered the opening remarks during the Opening Session.Dr Peter K N Lam, Chairman of the HKTDC, delivered welcome remarks during the Opening Session.Li Yongjie, Deputy China International Trade Representative of the Ministry of Commerce of the People’s Republic of China, gave a special address.Gou Ping, Vice Chairman of the State-owned Assets Supervision and Administration Commission of the State Council of the People’s Republic of China, gave a special address.Xiao Weiming, Deputy Secretary-General of the National Development and Reform Commission, the People’s Republic of China, gave a special address.H.E. Nguyen Hoa Binh, Permanent Deputy Prime Minister, Vietnam, delivered a keynote address.On the first day of the Summit, more than a dozen companies signed multiple Memoranda of Understanding.The Policy Dialogue, hosted by Algernon Yau, Secretary for Commerce and Economic Development of the Hong Kong SAR, focused on Multilateral Cooperation for an Interconnected World, inviting ministerial-level officials from ASEAN and Central Asia, to explore opportunities for multilateral cooperation.The first day’s Business Plenary, Capturing Belt and Road Business Opportunities, analysed the latest prospects of ASEAN.The Keynote Luncheon featured a welcome address by Paul Chan Mo-po, Financial Secretary of the Hong Kong SAR, opening remarks by Chen Liang, Chairman of the Board of Directors and Chairman of the Management Committee of China International Capital Corporation Limited, and a keynote speech by Dilma Rousseff, President of New Development Bank.Media enquiriesYuan Tung Financial Relations:Anson WongTel: (852) 3428 3413Email: awong@yuantung.com.hkLouise SongTel: (852) 3428 5691Email: lsong@yuantung.com.hkHKTDC Communications & Public Affairs Department:Clayton LauwTel: (852) 2584 4472Email: clayton.y.lauw@hktdc.orgAgnes WatTel: (852) 2584 4554Email: agnes.ky.wat@hktdc.orgHKTDC Media Room: http://mediaroom.hktdc.comAbout 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
Moody’s Reaffirms GTJAI’s ‘Baa2’ Long-term Issuer Rating with a ‘Stable’ Outlook ACN Newswire

Moody’s Reaffirms GTJAI’s ‘Baa2’ Long-term Issuer Rating with a ‘Stable’ Outlook

HONG KONG, Sept 11, 2024 - (ACN Newswire via SeaPRwire.com) - Guotai Junan International Holdings Limited (“Guotai Junan International”, the “Company” or “GTJAI”, stock code: 1788.HK) announced that Moody's, an international credit rating agency, updated the company’s credit rating report and reaffirmed its “Baa2” long-term issuer credit rating with a “stable” outlook. Moody's believes that the support from the parent company Guotai Junan Securities and the support provided by the Chinese government through the parent company can offset the pressure on GTJAI's credit profile stemming from a complex external operating environment. In June 2024, GTJAI also received a reaffirmed "BBB+" investment grade rating (long-term issuer) from S&P with a "stable" outlook. At present, the Company's credit ratings continue to maintain a leading position among Hong Kong-based Chinese securities firms. For the detailed report, please contact Moody's. – End – Copyright 2024 ACN Newswire via SeaPRwire.com.
More
EASD 2024 | HighTide Therapeutics Presents Oral Reports of Phase 2 Studies ACN Newswire

EASD 2024 | HighTide Therapeutics Presents Oral Reports of Phase 2 Studies

HONG KONG, Sept 11, 2024 - (ACN Newswire via SeaPRwire.com) - HighTide Therapeutics, Inc. (2511.HK), a clinical stage biopharmaceutical company specializing in the development of multifunctional multi-targeted therapies for chronic liver and metabolic diseases, presents at the 60th European Association for the Study of Diabetes (EASD) Annual Meeting, taking place from September 10-13, 2024 in Madrid, Spain. The presentations include post-hoc analyses of two Phase 2 clinical studies of berberine ursodeoxycholate (HTD1801), a gut-liver anti-inflammatory metabolic modulator, in patients with type 2 diabetes mellitus (T2DM).“These data provide additional insight on the potential benefits of HTD1801, a novel, multifunctional therapy being developed for the treatment of patients with T2DM. The two ongoing Phase 3 studies (NCT06350890, NCT06415773), fully enrolled in 2Q 2024, evaluate the efficacy and safety of HTD1801 in T2DM patients (as monotherapy or in combination with metformin). We look forward to the results of these Phase 3 studies which we expect to announce in 2025,” said Dr. Leigh MacConell, Chief Development Officer of HighTide.“Efficacy of Berberine Ursodeoxycholate (HTD1801) in Chinese and Western Patients with T2DM”(Presentation 711, Oral Presentation, September 11, 12:45 PM CEST)About the Abstract: T2DM and MASH are highly interrelated, the presence of each increasing risk of outcomes. Patients with both T2DM and MASH are at higher risk of histologic progression in MASH, cardiovascular outcomes, hepatic outcomes, and all-cause mortality. The purpose of this analysis was to compare the effects of HTD1801 in Chinese and Western patients with T2DM with or without MASH. These data demonstrate that while the two populations are ethnically distinct with related but different diseases, treatment with HTD1801 was associated with improvements in key measures of glycemic, cardiometabolic, and hepatic benefit in both populations. HTD1801 offers holistic benefits that are observed in both Chinese and Western patients, irrespective of underlying disease, that address core aspects of both T2DM and MASH.“Berberine Ursodeoxycholate (HTD1801) Provides a Unique Therapeutic Approach for Patients with Metabolic Diseases and Severe Insulin Resistance”(Presentation 708, Oral Presentation, September 11, 12:45 PM CEST)About the Abstract: Insulin resistance is a significant risk factor for T2DM, obesity and MASH. HTD1801 enhances the utilization of glucose and fats through activation of AMP-activated protein kinase (AMPK), thereby improving insulin sensitivity. As HTD1801 is under development as a treatment for patients with T2DM, as well as MASH, we analyzed the effects of HTD1801 response based on degree of insulin resistance. These data demonstrate that HTD1801 can alleviate the metabolic inhibitory effects caused by hyperinsulinemia, leading to even greater hepatic and metabolic benefits in patients with more severe insulin resistance, offering a unique therapeutic approach for individuals with T2DM and/or MASH.About HighTide TherapeuticsHighTide Therapeutics, Inc. (2511.HK) is a globally integrated biopharmaceutical company focusing on the discovery and development of first-in-class multifunctional multi-targeted therapies with chronic liver and metabolic diseases with significant unmet medical needs. The company is developing multiple clinical assets, including therapy for metabolic dysfunction-associated steatohepatitis (MASH), type 2 diabetes (T2DM), severe hypertriglyceridemia (SHTG), primary sclerosing cholangitis (PSC). Berberine ursodeoxycholate (HTD1801), the company’s lead drug candidate, received Fast Track designation from the U.S. FDA for both NASH and PSC, as well as Orphan Drug designation for PSC. In China, HTD1801 has been included in the National Major New Drug Innovation Program under the 13th Five-Year Plan for Major Technology Project.For more information, please visit www.hightidetx.comContact: pr@hightidetx.com Copyright 2024 ACN Newswire via SeaPRwire.com.
More
TR Capital Announces Appointment of Fourth Partner in Drive for Accelerated Growth ACN Newswire

TR Capital Announces Appointment of Fourth Partner in Drive for Accelerated Growth

- Deepanshu Madan, an Indian national with experience across India and Southeast Asia, becomes the latest partner at Asia’s leading secondary private equity firm- TR’s India business continues to expand and to capture growing opportunities as one of the first-movers in this spaceSingapore and Mumbai, Sept 11, 2024 - (ACN Newswire via SeaPRwire.com) - TR Capital, the leading Asian secondary private equity firm, is pleased to announce that Deepanshu Madan has been made the firm’s fourth Partner, marking an important milestone in the firm’s strategic growth.Deepanshu joined TR Capital seven years ago as a Director, and has since played a pivotal role in the development of the firm’s retail and healthcare portfolio across Asia. In November 2023, he was appointed as the Chief Executive Officer of one of the firm’s portfolio companies, Pharmacity, in Vietnam. At Pharmacity, he is implementing a thorough redesign of the business model to return it to sustainable profitability.Paul Robine, Founder and CEO of TR Capital, said, “I am thrilled to welcome Deepanshu as our fourth Partner. His exemplary track record over the past seven years, including his exceptional contributions at Pharmacity, underscores the effectiveness of TR’s active investment approach.”Deepanshu Madan, Partner at TR Capital, said, “I am pleased to be appointed as a Partner at TR Capital and to contribute to the strong investment and ownership culture at the firm. We will continue to push boundaries in developing and supporting our portfolio companies whilst delivering on our active investment approach.”This new addition to TR Capital’s senior leadership team is a strategic move to bolster the firm’s expansion in key markets, particularly in India. Recent initiatives, including leading the innovative Samara Capital continuation fund and the Fibe secondary direct deal, highlight TR's commitment to advancing its market presence.In accordance with its growth strategy, TR Capital has recently realigned its local teams at the Director and VP levels to ensure it remains attuned to the dynamics of each local market.Mr. Robine further commented, “The global secondary market landscape is evolving rapidly, particularly in India, where smaller secondary funds are surfacing alongside established players like TR Capital, creating an increasingly dynamic industry. As a pioneer in this sector, we take great pride in our innovative contributions to the Indian market and look forward to continued success in the future.”About TR CapitalTR Capital is a leading secondary private equity investor in the Asia-Pacific region, providing liquidity solutions to owners of private equity assets through single asset and portfolio transactions. The firm makes significant investments in innovative leaders in the Technology, Next-Generation Consumer and Healthcare sectors across Asia. TR Capital is an active investor and shareholder and works with its portfolio companies to optimize their business models and capital structures. TR Capital currently manages funds with aggregate capital commitments of close to US$1.5 billion. The firm’s sophisticated investor base includes sovereign funds, pension funds, asset management firms, entrepreneurs, and family offices.For more information, please contact:Artemis AssociatesDiana Footitt, CEOdiana.footitt@artemisassociates.com+852 9183 0667Dan Bradley, Managing Directordan.bradley@artemisassociates.com+852 6145 7455Bowen Chui, Directorbowen.chui@artemisassociates.com+852 9783 0643 Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Fast Debt Recovery Specialist Among First Licensed Under Singapore’s New Debt Collection Rules ACN Newswire

Fast Debt Recovery Specialist Among First Licensed Under Singapore’s New Debt Collection Rules

SINGAPORE, Sept 11, 2024 - (ACN Newswire via SeaPRwire.com) - Fast Debt Recovery Specialist, Singapore's premier debt collection agency, has achieved a significant milestone by becoming one of the first to receive the newly implemented debt collection licence by the Singapore government. This certification underscores the agency's unwavering commitment to lawful and effective debt collection practices. In line with their business philosophy, "No one deserves to be a victim of broken promises," this licence further solidifies their dedication to ethical and transparent operations.Founded in 2017, Fast Debt Recovery Specialist has rapidly grown to become the preferred collection partner for businesses and individuals seeking assistance with local debt collection. The agency distinguishes itself by blending personalised field visits with cutting-edge technology and a robust benchmarking system, ensuring transparency and accuracy in all operations. Their compliance rate exceeds 100%, and they maintain an impressive average debt collection rate of 72%.In 2024, all debt collection agencies in Singapore are mandated to operate only with a valid debt collection licence awarded by the Singapore Police Force. Fast Debt Recovery Specialist is among the first agencies to receive this prestigious licence, which is reserved for agencies recognised for their dedication to lawful and effective debt collection practices. This endorsement is vital as it establishes Fast Debt Recovery Specialist as a legally compliant and trustworthy agency. It also reassures their clients, both locally and globally, of the integrity of their practices and their team in delivering collection services within Singapore.The debt collection industry often faces unfavourable perceptions, even for legitimately credible agencies like Fast Debt Recovery Specialist, due to stigma and unethical practices that have surfaced in the news. By obtaining this licence, Fast Debt Recovery Specialist further elevates its credibility, assuring clients of their ethical practices."Receiving this licence is a testament to our dedication to compliant and transparent debt collection," said Ms. Lyn, Founder of Fast Debt Recovery Specialist. "We are committed to setting the highest standards in the industry."Fast Debt Recovery Specialist offers a comprehensive range of debt collection services, combining personalised field visits with advanced technology. Ms. Lyn attributes their growth to their unique methodology. "Our approach includes a stringent employee vetting process and a robust benchmarking system that ensures transparency and accuracy in all our operations. By handling everything in-house, we empower our clients to protect their reputation more effectively, achieve higher satisfaction, and see better success rates."Securing full payment through strategic guidance and authority collaborationA car repair business engaged Fast Debt Recovery Specialist to recover a $3,600 debt from a customer who had defaulted on payment. The debt collection firm proposed an initial discounted first settlement of $1,888, which was promptly paid. During this meeting, the agency was unaware that the debtor had also reached out to an authority figure in an attempt to avoid further payment.Shortly after, the client received a letter from this authority figure, a situation that could have been intimidating. However, with Fast Debt Recovery Specialist's expert advice and their experience in dealing with authorities, the client confidently navigated the incident. By leveraging on the agency's meticulous skip tracing, investigation, and strategic guidance, the authorities ruled that the debtor must pay the remaining $1,712, leading to the full recovery of $3,600. This case highlights Fast Debt Recovery Specialist's role as a credible and legitimate partner, capable of navigating complex situations while ensuring their clients' reputation and rightful financial interests are fully protected.Fast Debt Recovery Specialist's expertise is further demonstrated through their handling of multiple debts involving the same company director across three separate cases."During the first visit, we discovered we were unable to contact the director as he had disappeared," Ms Lyn recounted. "However, through extensive skip-tracing, we located his guarantor, and, after some negotiation, the guarantor paid off the debt in cash."A few months later, Fast Debt Recovery Specialist encountered the same debtor again, as other stakeholders were also pursuing him for unpaid debts."Fortunately, due to the good relationship we had built with his guarantor, we managed to locate the debtor," Ms Lyn shared. "Through amicable discussions, the director and his shareholder agreed to meet his financial obligations and took out a bank loan to settle his debt."The total debt collected amounted to approximately $150,000.These cases highlight Fast Debt Recovery Specialist's tenacity and strategic approach in ensuring debts are fully recovered, even in complex scenarios."With our newly acquired licence and unwavering commitment to excellence, Fast Debt Recovery Specialist is ready to assist even more businesses around the world with all their Singapore debt collection needs," Ms. Lyn added. "At Fast Debt Recovery Specialist, we firmly believe that 'No one deserves to be a victim of broken promises.' Contact us today to experience the difference."Fast Debt Recovery Specialist is dedicated to providing top-tier debt collection services that are compliant, transparent, and effective. The agency's mission is to help businesses recover debts while maintaining the highest ethical standards.Media ContactFast Debt Recovery SpecialistWebsite: https://fastdebtrecovery.info/Phone: +65 6829 2148 / +65 9669 2349 Copyright 2024 ACN Newswire via SeaPRwire.com.
More
New Book Reveals First Ever Neuroscience-Powered GenAI Tools Global Brands Are Using to Win Consumers ACN Newswire

New Book Reveals First Ever Neuroscience-Powered GenAI Tools Global Brands Are Using to Win Consumers

BERKELEY, CALIFORNIA, Sept 10, 2024 - (ACN Newswire via SeaPRwire.com) - Sensori.Ai, the only company blending neuroscience with generative AI (GenAI) to transform product innovation, consumer engagement and experiences, today announced the launch of the latest book from CEO and founder Dr. A.K. Pradeep and experts at Sensori AI. "Neuro AI: How to Win the Minds of Consumers Using Neuroscience-Powered Gen AI" ("Neuro AI") is prescriptive for practitioners of innovation, messaging and marketing and explores how to gain a competitive advantage in the marketplace by transforming GenAI from ‘generic AI' to truly ‘generative AI.' Through the use of real world case studies and use cases, "NeuroAI" reveals practical applications for appealing to the nonconscious mind, where 95% of decisions are made. Published by Wiley and co-authored by Dr. Anirudh Acharya, Dr. Rajat Chakravarty and Ratnakar Dev, the book is now available via Amazon and all major booksellers.Since its founding in late 2022, Sensori.Ai has developed a number of solutions designed to embed neuroscience principles and breakthrough algorithms into GenAI to create unique consumer understanding, product innovation and sensory design platforms. The company pioneers the use of unique nonconscious data (data consumed by the decision making nonconscious mind of the consumer) to create its breakthroughs. For example, Sensori.Ai created the first neuroAI-based algorithm to aid in the creation of fragrance, flavor and music. To date, the company has helped develop over 20 new products, over 100 campaigns and packaging designs and repositioning for most of the recognized global brands in the CPG, FMCG, and retail spaces. "Neuro AI" provides a primer on the neuroscientific principles and research backing these solutions with a transparent look at how these algorithms are created and the rules they follow."Make no mistake: GenAI is revolutionizing every part of our lives today. Apple Intelligence is just the beginning of this revolution. ‘Neuro AI' shows how memory structures and translational neuroscience puts humanity back at the center of GenAI-based design," said Dr. Pradeep. "For instance, every product maker wants their consumer to desire their product. Algorithmically embedding the neuroscience of desire in GenAI creates exciting product designs and market messaging that speak deeply to the nonconscious mind of the consumer, which is the powerful, driving force behind purchasing decisions."95% of desires and decisions are rooted in the unconscious mind. By leveraging its architecture and selectively utilizing the data streams that feed it, GenAI algorithms can be trained to operate in vastly more efficient and creatively effective ways. This return to an anthropocentric GenAI rooted in neuroscience-hence the term neuroAI-is both the thesis of the book and the focus for Sensori.Ai. GenAI trained on key neuroscientific principles and using proprietary algorithms can quickly develop and refine product concepts, packaging, pricing, messaging and other key features to appeal to consumers in a deep, personal and brand-guided manner.Sensori.Ai's solutions focus on using neuroAI for four specific business needs: consumer understanding (including neurographic profiles, archetypes, price sensitivity, personality and proclivities); product and brand innovation (including product features, product patent and IP protection, product pricing, product promotion and product volumetrics prediction); sensorial innovation (including fragrance design, flavor design, music design and packaging visual design); and desire creation (including advertising, messaging, desire scoring, desire-based message redesign and desire-based PDP redesign). "NeuroAI" details all of the science and methods in these four areas, which are also contained in the Sensori.Ai platform and solution suite."AI is everywhere now, but there's precious little practical information about it that's available to people," said Priya Nair, Business Group President, Beauty & Wellbeing at Unilever. "NeuroAI" changes that. The big add is that the book also covers consumer neuroscience. It's a book that everyone who wants and needs to get a good grasp of this stunning technology, and how the mind works, should have.""Neuro AI" builds on Dr. Pradeep's decades-long experience in the field of consumer neuroscience, detailed in the titles "AI for Marketing and Product Innovation" (2019) and "The Buying Brain" (2010). Dr. Pradeep, a twice successful Silicon Valley entrepreneur, holds over 90 patents and previously founded NeuroFocus (acquired by Nielsen) to provide neurological testing for consumer research. He also founded BoardVantage (acquired by Nasdaq), to provide SaaS board governance software for boards of directors and executives.To learn more about Sensori.Ai and "Neuro AI: How to Win the Minds of Consumers Using Neuroscience-Powered Gen AI," please visit sensori.ai. The book can be purchased through Amazon in the following regions:NetherlandsSaudi ArabiaSouth AfricaEgyptFranceBrazilSpainIndiaItalyMexicoUKSingaporeSwedenTurkeyAbout Sensori.AiSensori.Ai is the only company in the world blending generative AI with mined data from the human nonconscious to develop new ways for brands to reach consumers and appeal to their deepest desires. Founded in 2022 by serial entrepreneur and consumer neuroscience expert Dr. A.K. Pradeep, the company works with most of the recognized global brands in the CPG, FMCG, and retail spaces. For more information, follow Sensori.Ai on LinkedIn, X and YouTube.Related Video: https://youtu.be/3kU4ZiPD2TYPR ContactSongue PR for Sensori.Ai sensoriai@songuepr.comSOURCE: Sensori.Ai Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Nayax and A2Z Cust2Mate Unveil Disruptive On-Cart Payment Solution for Retail Shoppers ACN Newswire

Nayax and A2Z Cust2Mate Unveil Disruptive On-Cart Payment Solution for Retail Shoppers

Herzliya, Israel, Sept 10, 2024 - (ACN Newswire via SeaPRwire.com) - Nayax Ltd. (Nasdaq: NYAX; TASE: NYAX), a global commerce enablement payments and loyalty platform designed to help merchants scale their business, and A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ)(FRA - WKN:A3CSQ), a global leader in innovative technology solutions, today announced a strategic partnership to pair Nayax’s convenient automated self-service retail mobile payment system with A2Z Cust2Mate’s innovative smart cart platform for smart retail stores.Nayax and A2Z Cust2Mate will allow customers to complete their entire shopping journey from the comfort of their smart cart, with no need to waste time in long checkout lines. A2Z’s Cust2Mate 3.0 can transform any shopping cart into a powerful shopping platform, integrating a sleek touchscreen panel, with computer vision and a powerful algorithm to provide an effective, interactive, and personalized shopping experience. Incorporating Nayax’s innovative on-cart comprehensive hardware and software payment solution, A2Z Cust2Mate 3.0 will allow customers to simply “pick-and-go”, providing a more convenient shopping experience.Nayax and A2Z Cust2Mate will collaborate to sell the Cust2Mate 3.0 smart cart system with integrated Nayax payment technology as a unified, end-to-end solution for retailers around the world. The first smart carts with Nayax’s payment solution will be deployed in France, with the goal to deploy tens of thousands of payments enabled smart carts globally.“Relocating the point of sale from the checkout lane to the shopping cart is an ingenious way to improve a retailer’s operational efficiency and the shopper’s experience,” says Yair Nechmad, CEO and Chairman of Nayax. “Nayax is thrilled to partner with A2Z Cust2Mate to offer an integrated, state-of-the-art shopping and payment solution for retailers and their customers.”“This partnership expands our sales reach and strengthens our presence in the retail market,” commented Gadi Graus, CEO of A2Z Cust2Mate. “By integrating Nayax’s seamless payment solution with our smart carts, we’ve created a game-changing innovation that boosts retailer revenue, cuts operational costs, and enhances the shopping experience.”About Nayax Ltd.Nayax is a global commerce enablement, payments and loyalty platform designed to help merchants scale their business. Nayax offers a complete solution including localized cashless payment acceptance, management suite, and loyalty tools, enabling merchants to conduct commerce anywhere, at any time. As a global leader in serving unattended retail, Nayax has transformed into a comprehensive solution focused on our customers' growth across multiple channels. As of June 30, 2024, Nayax has 11 global offices, approximately 1,100 employees, connections to more than 80 merchant acquirers and payment method integrations, and is globally recognized as a payment facilitator. Nayax's mission is to improve its customers' revenue potential and operational efficiency. For more information, please visit www.nayax.com.About A2Z Cust2mate Solutions Corp.A2Z Cust2Mate Solutions Corp. creates innovative solutions for complex challenges. A2Z's flagship product is the world's first proven-in-use mobile self-checkout shopping cart. With its user-friendly smart algorithm, touch screen, and other technologies, Cust2Mate streamlines the retail shopping experience by scanning purchased products and enabling in-cart payment so that customers can simply "pick & go", and bypass long cashier checkout lines. This results in a more efficient shopping experience for customers, less unused shelf-space and manpower requirements, and advanced command and control capabilities for store managersFor more information on A2Z Cust2mate Solutions Corp. (NASDAQ: AZ) ($AZ)(FRA - WKN:A3CSQ) and its subsidiary, Cust2mate Ltd., please visit www.cust2mate.com.Nayax Forward-Looking StatementsThis press release contains statements that constitute forward-looking statements. Many of the forward-looking statements contained in this press release can be identified by the use of forward-looking words such as “anticipate,” “believe,” “could,” “expect,” “should,” “plan,” “intend,” “estimate” and “potential,” among others. Forward-looking statements include, but are not limited to, statements regarding our intent, belief or current expectations. Forward-looking statements are based on our management’s beliefs and assumptions and on information currently available to our management. Such statements are subject to risks and uncertainties, and actual results may differ materially from those expressed or implied in the forward-looking statements due to various factors, including, but not limited to: our expectations regarding general market conditions, including as a result of the COVID 19 pandemic and other global economic trends; changes in consumer tastes and preferences; fluctuations in inflation, interest rate and exchange rates in the global economic environment; the availability of qualified personnel and the ability to retain such personnel; changes in commodity costs, labor, distribution and other operating costs; our ability to implement our growth strategy; changes in government regulation and tax matters; other factors that may affect our financial condition, liquidity and results of operations; general economic, political, demographic and business conditions in Israel, including the ongoing war in Israel that began on October 7, 2023 and global perspectives regarding that conflict; the success of operating initiatives, including advertising and promotional efforts and new product and concept development by us and our competitors; Moshe Shmaryahu's success as the Company's new Chief Information Officer; and other risk factors discussed under “Risk Factors” in our annual report on Form 20-F filed with the SEC on February 28, 2023 (our "Annual Report"). The preceding list is not intended to be an exhaustive list of all of our forward-looking statements. The forward-looking statements are based on our beliefs, assumptions and expectations of future performance, taking into account the information currently available to us. These statements are only estimates based upon our current expectations and projections about future events. There are important factors that could cause our actual results, levels of activity, performance or achievements to differ materially from the results, levels of activity, performance or achievements expressed or implied by the forward-looking statements. In particular, you should consider the risks provided under “Risk Factors” in our Annual Report. You should not rely upon forward-looking statements as predictions of future events. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that future results, levels of activity, performance and events and circumstances reflected in the forward-looking statements will be achieved or will occur. Each forward-looking statement speaks only as of the date of the particular statement. Except as required by law, we undertake no obligation to update publicly any forward-looking statements for any reason, to conform these statements to actual results or to changes in our expectations.A2Z Cust2mate 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. 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 with the on SEDAR and with the Securities and Exchange Commission. 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. and Nayax Ltd.For more information, please contact:Mandy TanTel: +60 16-477 2257Email: m.tan@swanconsultancy.biz Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Toronto Stock Exchange Unveils the 2024 TSX30, Recognizing the Companies Powering Canada’s Economy ACN Newswire

Toronto Stock Exchange Unveils the 2024 TSX30, Recognizing the Companies Powering Canada’s Economy

Annual ranking highlights top-performing stocks' roles in energy security and electrification, and a shift from growth to value investingToronto, Ontario--(ACN Newswire via SeaPRwire.com - September 10, 2024) - Toronto Stock Exchange (TSX) today announced its sixth annual TSX30®, a ranking of the top 30 performing companies based on dividend-adjusted share price performance over a three-year period. The 2024 list underscores how these companies are driving advancements in sectors such as energy, electrification, and critical minerals, while delivering strong investor returns and shaping Canada's economy.Topping the 2024 TSX30 is Hammond Power Solutions Inc. (TSX:HPS.A), a company that enables electrification through its broad range of dry-type transformers, power quality products, and related magnetics, with a dividend-adjusted share price that has increased 928% over the past three years. Collectively, TSX30 companies represent over $380 billion in market capitalization, having added an impressive $210 billion during that period — nearly a quarter of a trillion dollars in value creation — while achieving an average dividend-adjusted share price appreciation of 234%."This year's TSX30 reflects the leadership and innovation of Canadian companies as Canada transitions to a cleaner energy future," said Loui Anastasopoulos, CEO, Toronto Stock Exchange. "These top performers are shaping the future of Canada's economy and ensuring our strengths in energy and mining align with the emerging technology sector to keep Canada competitive on the global stage."Adrian Thomas, CEO, Hammond Power Solutions, added, "Being named the top company in the 2024 TSX30 underscores both our commitment to driving progress in the energy sector and our team's ability to adapt and thrive in dynamic markets. We are proud to play a role in the energy transition space and strive to meet the evolving needs of a changing world."Sector leadership: Interconnected industries driving growthThe 2024 ranking is dominated by three sectors - Oil & Gas, Industrial Products & Services, and Mining - accounting for 25 of the 30 companies on the list. This strong representation reflects the interconnected nature of these industries and their continued contributions to Canada's economic prosperity, particularly as Canada navigates energy security in the current environment and the transition to cleaner sources of energy.Energy: Balancing security and innovationEnergy companies feature prominently on the 2024 TSX30, representing over half of the issuers. Amid global geopolitical tensions, these companies play an important role in ensuring a reliable energy supply. Athabasca Oil Corp. (TSX: ATH), for example, is a notable contributor to current energy needs while reducing the carbon intensity of its operations through transformational technologies.Industrials and mining: Supporting the energy transitionThe Industrial Products & Services sector, which includes companies like Hammond Power Solutions, can provide support and infrastructure for energy transition and electrification projects. The Mining sector is also growing, driven by demand for critical minerals needed for electric vehicles (EVs), batteries, and low-carbon and renewable energy. Half of this year's TSX30 mining companies focus on base metals crucial for these technologies. Cameco Corporation (TSX: CCO), a uranium production company and a pure-play investment in the growing demand for nuclear energy, has seen renewed interest, underscoring the importance of critical minerals in the shift to a low-carbon economy.Technology: Catalyst for navigating energy transitionTechnology companies are a driving force behind the growth across energy and related industrial sectors. Celestica Inc. (TSX: CLS), a company that offers solutions for grid stability and EV infrastructure, ranked second in the 2024 TSX30. Celestica's 706% dividend-adjusted share price increase emphasizes the importance of technology in helping navigate the transition to a lower-carbon future.Investor trends: A shift towards value investingThe 2024 TSX30 indicates a changing investor focus from growth investing to value investing, with a preference for companies with positive cash flow and a history of consistent dividends. Nearly two-thirds (63%) of the 30 companies paid dividends, averaging a 2.8% yield. This is significantly higher compared to the eight dividend-paying companies on the 2021 TSX30, which had an average yield a full percentage point lower. This trend reflects the appeal of stable, cash-generating companies in a volatile market.Other highlights from the 2024 ranking include:- Graduations from TSX Venture Exchange (TSXV) to TSX: Nine of this year's TSX30 companies graduated from TSXV, showcasing how this unique two-tiered ecosystem can nurture emerging businesses in growing their market capitalization and investor exposure.- Representation on leading indices: 17 of the companies are included on either the S&P/TSX Composite Index* or S&P/TSX 60 Index*, enhancing their visibility among investors globally.- Consistent performers: 14 of the 2024 TSX30 companies have appeared in previous TSX30 rankings (since 2019), with their collective dividend-adjusted share prices up 210% and market capitalization rising 147% during that time.For detailed results and further information about the ranking methodology, visit www.tsx.com/tsx30.The 2024 TSX30 ranking:RankingCompany NameTickerThree-year dividend-adjusted share price performance1Hammond Power Solutions Inc.HPS.A928%2Celestica Inc.CLS706%3Athabasca Oil CorporationATH429%4CES Energy Solutions Corp.CEU335%5TerraVest Industries Inc.TVK289%6NuVista Energy Ltd.NVA257%7Bird Construction Inc.BDT245%8MEG Energy Corp.MEG226%9Secure Energy Services Inc.SES216%10International Petroleum CorporationIPCO215%11China Gold International Resources Corp. Ltd.CGG208%12Fairfax Financial Holdings LimitedFFH202%13Bombardier Inc.BBD.B200%14Cameco CorporationCCO186%15Computer Modelling Group Ltd.CMG184%16Mattr Corp.MATR183%17Imperial Oil LimitedIMO167%18ARC Resources Ltd.ARX154%19Canadian Natural Resources LimitedCNQ152%20PHX Energy Services Corp.PHX152%21Filo Corp.FIL144%22Obsidian Energy Ltd.OBE142%23Cenovus Energy Inc.CVE141%24Teck Resources LimitedTECK.B140%25Olympia Financial Group Inc.OLY139%26Vitalhub Corp.VHI136%27Dynacor Group Inc.DNG136%28Spartan Delta Corp.SDE135%29Cardinal Energy Ltd.CJ134%30Alamos Gold Inc.AGI134% Source: All data is sourced from TSX/TSXV Market Intelligence Group analysis. Based on historical dividend-adjusted share prices from S&P Capital IQ as at June 30, 2024.*The S&P/TSX Composite Index and the S&P/TSX 60 Index (the "Indices") are the products of S&P Dow Jones Indices LLC ("SPDJI") and TSX Inc. ("TSX"). Standard and Poor's® and S&P® are registered trademarks of Standard & Poor's Financial Services LLC ("S&P"); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"); and TSX® is a registered trademark of TSX. SPDJI, Dow Jones, S&P and TSX do not sponsor, endorse, sell or promote any products based on the Indices and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions or interruptions of the Indices or any data related thereto.About TMX Group (TSX: X)TMX Group operates global markets, and builds digital communities and analytic solutions that facilitate the funding, growth and success of businesses, traders and investors. TMX Group's key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, TMX Trayport and TMX VettaFi, which provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across North America (Montréal, Calgary, Vancouver and New York), as well as in key international markets including London, Singapore and Vienna. For more information about TMX Group, visit www.tmx.com. Follow TMX Group on X: @TMXGroup.Copyright © 2024 TSX Inc. All rights reserved. Do not copy, distribute, sell or modify this press release without TSX Inc.'s prior written consent. This information is provided for information purposes only. Neither TMX Group Limited nor any of its affiliated companies guarantees the completeness of the information contained in this article, and we are not responsible for any errors or omissions in or your use of, or reliance on, the information. This article is not intended to provide legal, accounting, tax, investment, financial or other advice and should not be relied upon for such advice. The information provided is not an invitation to purchase securities listed on Toronto Stock Exchange and/or TSX Venture Exchange. TMX Group and its affiliated companies do not endorse or recommend any securities referenced in this publication. TMX, the TMX design, TMX Group, Toronto Stock Exchange, TSX, TSX Venture Exchange, TSXV, The Future is Yours to See., and Voir le futur. Réaliser l'avenir. are the trademarks of TSX Inc. All other trademarks used in this article are the property of their respective owners.For more information on the 2024 TSX30 program, please contact:Cecely RoySenior ConsultantHill & Knowlton647-800-5883cecely.roy@hillandknowlton.comFor more information on TMX Group, please contact:Catherine KeeHead of Media RelationsTMX Group416-671-1704catherine.kee@tmx.comTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/222680 Copyright 2024 ACN Newswire via SeaPRwire.com.
More
YDC 2024 winners revealed in grand style ACN Newswire

YDC 2024 winners revealed in grand style

HONG KONG, Sept 10, 2024 - (ACN Newswire via SeaPRwire.com) - CENTRESTAGE, the Asian fashion extravaganza organised by the Hong Kong Trade Development Council (HKTDC) and sponsored by the Hong Kong Special Administrative Region Government's Cultural and Creative Industries Development Agency (CCIDA)*, concluded successfully on 7 September. The highlight of the closing evening was the grand finale of the Hong Kong Young Fashion Designers' Contest 2024 (YDC), where the creativity and design flair of 10 local fashion designers shone through. With their diverse and eye-catching collections, the young designers showed talent that moved beyond traditional boundaries, embodying this year's YDC theme, "To Be Seen", and highlighting the limitless potential of Hong Kong's fashion scene. The event delivered a standout fashion show for the audience, with celebrities such as Panther Chan, Kaho Hung, Moon Tang, Zelos Wong, 903DJ Leung Man Lai, Madboii, Ah Gi and Dixon Wong giving their support to the finalists.After careful deliberation, the panel of professional judges selected four winners from the 10 shortlisted entries, with Tiger Chung emerging as Champion, securing the top prize of a cash prize of HK$60,000; an overseas study trip sponsored by Fang Brothers Knitting Ltd.; and a HK$5,000 CASETiFY e-Gift Card and capsule collection for sale online and at CASETiFY STUDiO Hong Kong stores. Winner of the Excellence Award was K Ng, while Yoyo Chan took two honours including the “My Favourite Collection” Award that was decided by public voting.The full list of winners for YDC 2024 is as follows:Champion: Tiger Chung; Design: RagerExcellence Award: K Ng; Design: Remnants of LightBest Art Direction Award: Yoyo Chan; Design: Trouble XMy Favourite Collection Award: Yoyo Chan; Design: Trouble XReceiving the Champion prize, Tiger Chung, designer of the winning collection titled “Rager”, said: "I felt calm upon learning about the award, but just now, witnessing the models wearing my award-winning designs for the first time, I felt excited beyond measure!" Tiger re-entered the competition as a proud advocate for subculture. He has been continuously exploring how to present the unique design ethos of young-generation designers and his collection exudes the energy and vitality experienced at a music festival.Judges impressed by quality of entries, share insights and experiencesThis year's YDC featured a heavyweight judging panel comprising seasoned fashion industry and media representatives, including Chief Judge Katherine Fang, Chairlady of the HKTDC Garment Advisory Committee; VIP Judge Masayuki Ino, founder and designer of the Japanese fashion brand doublet; and Overseas Judge Bohan Qiu, Founder and Director of fashion PR consulting firm BOH Project. Other esteemed judges included Jonathan Lee, Co-founder of The Molecule; iemi Chu, Associate Publisher of Vogue Hong Kong; Tracey Cheng, Vice President of Womenswear Merchandising at I.T; and Victoria Tang-Owen, Founder & Creative Director of Thirty30 Creative and Victoria Tang Studio and Director of Arts, Culture & Heritage for Shanghai Tang.Reflecting on the quality of entries in this year’s YDC and the achievements of the winners, VIP Judge Masayuki Ino said: "All the works presented by the designers are fantastic. I had already seen all the entries before the final, but being able to witness them again on the runway gave me a different perspective. I am excited to see all 10 fashion designers from the next generation at YDC."Panther Chan lights up MINI x Johnson Chong/Kinyan Lam collaboration seriesFor the eighth consecutive year, MINI HK was the major sponsor of the YDC. This year, the brand collaborated with two YDC Alumni designers, Johnson Chong (YAMA GUEST) and Kinyan Lam (Kinyan Lam), to present a fashion collection inspired by its latest car models – the MINI Cooper and MINI Aceman – with designs reflecting the spirit of urban outdoor travellers and adventurers, being both minimalistic and functional. Singer Panther Chan joined forces will the collaborators, performing as the collection was presented and helping to showcase MINI's new-generation design aesthetics and sustainable concepts.Photo download: https://bit.ly/4ebPwqQPictured from left to right are: Jonathan Lee, Co-founder of The Molecule; iemi Chu, Associate Publisher of Vogue Hong Kong; VIP Judge Masayuki Ino, founder and designer of doublet; Chief Judge Katherine Fang, Chairlady of the HKTDC Garment Advisory Committee; Sophia Chong, Deputy Executive Director of HKTDC; Victoria Tang-Owen, Director of Arts of Culture & Heritage for Shanghai Tang; Tracey Cheng, Vice President of Womenswear Merchandising at I.T; and Bohan Qiu, Founder and Director of BOH Project. The Hong Kong Young Fashion Designers' Contest 2024 (YDC) concluded successfully on 7 September. After careful deliberation, the panel of professional judges selected four winners from the 10 shortlisted entries, with Tiger Chung (third from the right) emerging as Champion. Winner of the Excellence Award was K Ng (fourth from the left), while Yoyo Chan (fifth from the left) took two honours including the “My Favourite Collection” Award that was decided by public voting.ChampionDesigner: Tiger ChungDesign: “Rager”The design: “Rage evolves from the moshing culture of hardcore punk, where the crowd reaches euphoria as an uncontrollable transcendence of state. What I aspire to explore through design is the unique style and trends of the new generation of designers.”In his collection “Rager”, Tiger takes inspiration from Japanese anime series Dragon Ball and the character Son Goku, who transforms into a giant ape when angry, and the werewolf in Michael Jackson’s Thriller, who dances with zombies under a full moon. He also pays tribute to the rock singer Marilyn Manson’s style, mixing the structure of an evening dress with dungarees to combine the elegance of actress Marilyn Monroe with a darkerinspiration. Tailored to the violent nature of rage, Tiger’s four designs feature impact-resistant pads and abrasion-resistant materials for protection.Prizes: (1) A cash prize of HK$60,000; (2) An overseas study trip sponsored by Fang Brothers Knitting Ltd; (3) HK$5,000 CASETiFY e-Gift Card and capsule collection for sale online and at CASETiFY STUDiO Hong Kong storesExcellence AwardDesigner: K NgDesign: “Remnants of Light”The design: “The designs initially appear to be glittering and elegant, but underneath the glamour he seeks to represent the darker side of the human condition and the fragility of the human mind.”In his competing series “Remnants of Light,” K creates scenarios with details on fabric: the embroidery on the coat looks like fireworks, but actually symbolises the explosions of war. The piece is a luxurious floor-length coat, but as the wearer grips the straps and wraps themselves tightly underneath, they resemble a refugee. Prizes: (1) A cash prize of HK$40,000; (2) An overseas study trip sponsored by MINI HK; (3) HK$3,000 CASETiFY e-Gift Card and capsule collection for sale online and at CASETiFY STUDiO Hong Kong storesBest Art Direction Award and My Favourite Collection AwardDesigner: Yoyo ChanDesign: “Trouble X”The design: “At the age of two, we enter our first rebellious stage in life, and then are institutionalised. In a daze, we find ourselves marching to the beat of mainstream social expectations. Rebellion is always looming; once provoked, it erupts instantly.” Fashion designer Yoyo Chan is bored by the ordinary and wants to shatter expectations. Her “Trouble X” series breaks the stereotypical association of school uniforms by deconstructing the style, adding playful elements, and subverting expectations in the details. Highly saturated reds are interspersed with warm yellows, presenting a hot-blooded attitude and independent personality. As she frees the clothing from the rigidity of occasions, fashion design becomes an advocate for ageless rebellion.Prizes for the “Best Art Direction” Award: (1) A cash prize of HK$30,000 sponsored by Vogue Hong Kong; (2) HK$2,000 CASETiFY e-Gift Card and capsule collection for sale online and at CASETiFY STUDiO Hong Kong storesPrizes for the “My Favourite Collection” Award: (1) HK$20,000 Lee Gardens Area e-Gift Certificates sponsored by Hysan Development; (2) HK$2,000 CASETiFY e-Gift Card and capsule collection for sale online and at CASETiFY STUDiO Hong Kong stores Panther Chan(wearing Kinyan Lam; shoes by Pedro)Kaho Hung(wearing REDEMPTIVE; shoes by Pedro)Moon Tang(wearing röyksopp gakkai)from left to rightMoon Tang, Kaho Hung, Panther Chan(wearing röyksopp gakkai, REDEMPTIVE, Kinyan Lam)Dixon Wong(wearing MURFI LAU)Ah Gi(wearing FromClothingOf)Madboii(wearing WEAVIPEDIA)903DJ Leung Man Lai(wearing YAMA GUEST)from left to rightMadboii, Zelos, Ah Gi, Dixon(wearing MURFI LAU, MARCCH, FromClothingOf, WEAVIPEDIA)MINI x Johnson Chong/Kinyan Lam collaboration seriesFor the eighth consecutive year, MINI HK was the major sponsor of the YDC. This year, the brand collaborated with two YDC Alumni designers, Johnson Chong (YAMA GUEST) and Kinyan Lam (Kinyan Lam), to present a fashion collection inspired by its latest car models.MINI x Johnson Chong (YAMA GUEST)YAMA GUEST has collaborated with MINI Cooper, taking inspiration from its 2024 MINI Aceman model. The theme of the collaboration is “Urban Outdoor Traveler”, where a single garment can seamlessly transition between the city and nature, embodying MINI’s new design philosophy of “Simplicity, Purity”. The result is a collection that embodies urban fashion while meeting the demands of outdoor exploration and incorporating the design concepts of YAMA GUEST and the MINI Aceman. The apparel features wear-resistant, water-repellent and breathable materials, as well as adjustable details like the hood, front panel, and waistband for added functionality.MINI x Kinyan Lam (Kinyan Lam)For its collaboration with MINI Cooper, Kinyan Lam sought to capture the spirit of “Possibility”, “Adventurous”, and “Fashion” embodied by MINI drivers. To express their unique personalities, they want to customise their cars with different patterns. Lam took inspiration from a vintage MINI campaign featuring Mary Quant’s striped seat upholstery design, applying the iconic pattern, the classic stripe, as the central design motif for the collection. To achieve this design element, Lam incorporated his signature natural dyes with plants from India and indigo from Guizhou and employed a tie-dye technique to create the stripe patterns.FASHIONALLY COLLECTIONSFASHIONALLY.COM works to promote Hong Kong fashion and designers. This season it is featuring the latest collections from 11 local brands including: Charlotte Ng Studio, FromClothingOf, IP-Axis Studio, Lapeewee, WHY, YAMA GUEST, MURFI LAU, MARCCH, DEMO, SZMAN and Kinyan Lam. For more details, please visit https://www.fashionally.com/en/collection/page/23FASHIONALLY COLLECTION #23(from left to right)IP-Axis Studio / Theme: “Dune”Charlotte Ng Studio / Theme: “That is what feeling sound like”FromClothingOf / Theme: “You Are You”Lapeewee / Theme: “New Woman”WHY / Theme: “NOMAD” FASHIONALLY PRESENTATION I: YAMA GUESTTheme: Holidays in the SunThe collection draws inspiration from the mountains blended with tropical vibes to create a series of personalised styles for nature enthusiasts, perfect for wandering through jungles or strolling along beaches. FASHIONALLY Presentation II: MURFI LAUTheme: FORGE{T}For the brand's inaugural collection, MURFI LAU endeavours to express bravery and self-defence through fashion design, showcasing a unique temperament. The theme "FORGE{T}" signifies her dedication to fashion design. Inspiration for the collection is drawn from medieval armour, heavy motorcycle gear and spacesuits, representing different aspects of the human spirit of adventure. Ms Lau aims to demonstrate the dual characteristics of protective gear and fashion, showcasing a spirit that remains true to itself in challenging times. FASHIONALLY Presentation III: MARCCHTheme: AmbiguousThe brand's Spring/Summer 2025 collection is themed "Ambiguous", drawing design inspiration from the work "Ambiguous Documents" by Polish artist Ania Wawrzkowicz. The collection emphasises texture treatment, with designers using techniques such as collage, layering and cutouts to create different images, attempting to deconstruct the physicality within the garments.WebsitesCENTRESTAGE: https://centrestage.hktdc.com/home/enHong Kong Young Fashion Designers’ Contest (YDC): https://www.fashionally.com/en/Media enquiriesBest Crew Public Relations & Marketing:Diana Tang Tel: (852) 9199 6723 Email: diana.tang@bestcrewpr.comReni Kwok Tel: (852) 6291 4283 Email: reni.kwok@bestcrewpr.comHKTDC’s Communications & Public Affairs Department:Snowy Chan Tel: (852) 2584 4525 Email: snowy.sn.chan@hktdc.orgAbout YDCThe YDC aims to promote a new generation of local design talent, while creating opportunities to showcase their collections in front of global and local industry professionals at CENTRESTAGE. Organised by the HKTDC, the contest is considered one of the most prestigious events of its kind in the region, with a successful track record of past contestants becoming leading designers for fashion enterprises or establishing their own labels. To further promote the international visibility of local Hong Kong designers, in 2012 the HKTDC launched FASHIONALLY.com, an online platform that showcases the work of local labels and talents and links them with global industry insiders and opportunities.About 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. Follow us on X and LinkedIn.About Cultural and Creative Industries Development Agency (CCIDA)Cultural and Creative Industries Development Agency (CCIDA) (formerly known as Create Hong Kong or CreateHK) is a dedicated office set up by the Government of the Hong Kong Special Administrative Region in June 2009 to spearhead the development of creative industries in Hong Kong. From 1 July 2022 onwards, it is under the Culture, Sports and Tourism Bureau. Its strategic foci are nurturing talent and facilitating start-ups, exploring markets, and promoting Hong Kong as Asia’s creative capital and fostering a creative atmosphere in the community.*Disclaimer: The Government of the Hong Kong Special Administrative Region provides funding support to the project only, and does not otherwise take part in the project. Any opinions, findings, conclusions or recommendations expressed in these materials/events (or by members of the project team) are those of the project organisers only and do not reflect the views of the Government of the Hong Kong Special Administrative Region, the Culture, Sports and Tourism Bureau, Cultural and Creative Industries Development Agency, the CreateSmart Initiative Secretariat or the CreateSmart Initiative Vetting Committee. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Kincora Investor Presentation ACN Newswire

Kincora Investor Presentation

Melbourne, Australia--(ACN Newswire via SeaPRwire.com - September 10, 2024) - Kincora Copper Limited (ASX: KCC) (TSXV: KCC) (KCC, Kincora or the Company). Please find attached for release to the market, Kincora Copper Limited's Investor Presentation - September 2024.https://app.box.com/s/1xwbafyoutfgd7ldw8tn7c57zr1ci8riThis announcement has been authorised for release by the Board of Kincora Copper Limited (ARBN 645 457 763).For further information please contact: Sam Spring, President and Chief Executive Officersam.spring@kincoracopper.com or +61431 329 345Executive office400 - 837 West Hastings Street Vancouver, BC V6C 3N6, Canada Tel: 1.604.283.1722 Fax: 1.888.241.5996Subsidiary office AustraliaVista Australia Level 4, 100 Albert RoadSouth Melbourne, Victoria 3205To view the source version of this press release, please visit https://www.newsfilecorp.com/release/222782 Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Digital Transformation Summit 2024 to Launch Qatar into Smart City Era. ACN Newswire

Digital Transformation Summit 2024 to Launch Qatar into Smart City Era.

QATAR, UAE, Sept 10, 2024 - (ACN Newswire via SeaPRwire.com) - A prominent financial institution in Qatar has undergone a major digital transformation, significantly enhancing customer experience and maintaining its competitive edge in the banking industry. At the core of this transformation is a cutting-edge mobile banking app designed for seamless account management, money transfers, bill payments, and mobile wallet services. This app features a user-friendly interface and robust security measures, ensuring that customers have convenient and secure access to their financial services anytime and anywhere.Additionally, advanced chatbot solutions and AI-driven virtual assistants offer immediate support and personalized product recommendations, further enriching the overall customer experience. The organization has also streamlined its internal operations by automating critical back-office tasks such as loan processing and document management. This automation not only boosts operational efficiency but also promotes greater financial inclusion by making banking services accessible to a broader audience. By embracing cutting-edge technology and innovation, the institution continues to set the standard for digital banking in Qatar, underscoring its commitment to providing sophisticated, effective, and accessible banking solutions.These digital transformations are directly contributing to Qatar's Vision 2030, which aims to build a knowledge-based economy driven by innovation and technological advancement. By enhancing financial services through digitalization, the institution is playing a crucial role in fostering economic development, improving financial literacy, and ensuring that the benefits of digital banking reach all segments of the population.Our upcoming Digital Transformation Summit Qatar is poised to further support Vision 2030 by bringing together industry leaders, technology experts, and policymakers to share insights, strategies, and innovations. The summit will facilitate discussions on how digital transformation can continue to drive economic growth, enhance public services, and improve quality of life. By providing a platform for collaboration and knowledge exchange, the summit will help pave the way for achieving the ambitious goals set out in Vision 2030.Overview of the event: Qatar has actively pursued digital transformation to modernise its economy and enhance public service delivery. Significant investments in technology infrastructure and initiatives have boosted efficiency and productivity across sectors. Despite challenges like cybersecurity, data privacy, and developing skilled human capital, Qatar's digital efforts align with its 2030 National Vision of sustainable growth and high living standards. The 31st Edition of the Digital Transformation Summit will guide businesses on best practices for engaging users across endpoints, enabling them to embrace digital transformation for efficient and sustainable operations. These ongoing efforts will positively shape Qatar's future.Who will attend?Berthold Trenkel-Advisor To Chairman-Qatar Tourism.Dr. Mohamed Elhindi-Chief Information Officer-Hamad Bin Khalifa University.Fethi Filali-Director Of Technology & Research (CTO)-Qatar Mobility Innovations Center-QMIC.Dr. Ali Al Sanousi-Executive Director-Clinical Information Systems-Hamad Medical Corporation.Max Renault-Director-Innovations In Global Precision Health,Weill Cornell Medicine.The event will cover topics like:The Dynamic Shift in the digital World.Qatar's E- government Strategy.Qatar's Digital Initiative towards Future Mobility.Intelligence Automation to Drive the Next Wave of Transformation.Strengthening Cyber Posture and Cyber-resilience.For more information on the Digital Transformation Summit, click the: LinkAbout ExitoExito, which means success in Spanish, embodies our commitment to the success of our customers. Each year, we host over 240 virtual and in-person conferences globally, bringing together audiences with world-class thought leaders and C-level executives across industries. Our meticulously crafted agendas, based on extensive research and valuable industry insights, facilitate business, knowledge transfer, deal flow, and impactful messaging for brands.For Media Enquiries, contact:Kasturi Nayak (Sr. Marketing Executive)Kasturi.nayak@exito-e.comEnquiry@exito-e.comExito Media Concepts Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Korea Continues to Lead the Charge in Shaping the Future of Streaming in Asia ACN Newswire

Korea Continues to Lead the Charge in Shaping the Future of Streaming in Asia

SEOUL, S.KOREA, Sept 9, 2024 - (ACN Newswire via SeaPRwire.com) - The Asia Video Industry Association (AVIA), in partnership with the Korean Creative Content Agency (KOCCA), held Korea in View @BCWW on 29 August to much success, hosting over 300 delegates at COEX, as part of the 3-day global broadcasting content convention.The conference opened with a special welcome address by Eun Young Kang, Director of the Broadcast & Advertisement Policy Division, Ministry of Culture, Sports and Tourism, before going deep into insights on the next chapter of the Korean content boom and how the industry could emerge from this “correction period”.For Marianne Lee, Chief of Content Acquisition and Development, Viu, the correction period was driven by the increase in production costs which had jumped four-fold in the last decade, and it was crucial for the industry to work collectively to optimize monetization and keep pace with costs in order to recover as quickly as possible.Hyun Park, CEO, Alquimista Media, was confident that if Korea and the broader Asia region produced great content, it could fill a void in the streaming world that was not being supplied by the US due the events that had occurred over the last years, including the pandemic and the Hollywood strikes.“Streaming has democratized content in a significant way, and viewers are voting for Asian content, with 14b hours of Asian content consumed globally in 2023,” said Vivek Couto, Managing and Executive Director, Media Partners Asia. Asian titles also drove 80% of premium video engagement and acquisition in APAC, with Korean content particularly significant in Southeast Asia and Taiwan, driving over 30% of viewership and contributing up to 30% in viewer acquisition.Couto also added that Korea was just in the “second innings” in the streaming industry, with the pace of change far more significant in the advertising space. And in a market like Korea, with most consumers having 2 – 3 subscriptions per household, there was an opportunity to replicate the pay TV bundle and grow the pie through that.Discussing the resilience of linear TV, Ana Bautista, Head of Strategy – Asia, BBC Studios, also said that establishing connections, relationships and deeper partnerships to understand each other’s needs and where the market was headed was key, particularly in Asia and Korea. While Changhoon Lee, Head of Media & Content Business Unit, SK Broadband, opined that the lack of personalization was a key issue the industry was facing from the IPTV perspective, but this offered an opportunity to transform into an AI media platform which would make it more competitive against the streaming giants.The significant growth of streaming has not, however, seen a corresponding increase in advertising revenue. “Measurement is the underpinning currency and determines where the dollars will go, “said Chris Mottershead, Commercial Director - JAPAC, Publica. But with various constituents having differing objectives and levels of data all held within their own walled gardens, it remained a problem for the industry. On a more optimistic note, Mottershead added “We are starting to see a closing of the loop,” with a unifying of data across the viewing journey, from linear TV to IP and streaming.Korea in View is proudly sponsored by Lead Sponsor Cultural and Creative Industries Development Agency; Gold Sponsors Publica and TV5Monde; Silver Sponsor Invidi and Official Partner Korean Creative Content Agency (KOCCA).Visit the media gallery for photos from the event.About the Asia Video Industry AssociationThe Asia Video Industry Association (AVIA) is the trade association for the video industry and ecosystem in Asia Pacific. It serves to make the video industry stronger and healthier through promoting the common interests of its members. AVIA is the interlocutor for the industry with governments across the region, leads the fight against video piracy through its Coalition Against Piracy (CAP) and provides insight into the video industry through reports and conferences aimed to support a vibrant video industry.About KOCCAThe Korea Creative Content Agency (KOCCA) is South Korea's leading government agency that oversees the advancement of Korean creative content, both domestically and internationally. KOCCA covers a wide range of Korea's creative industries, including gaming, animation, character licensing, music, fashion, and broadcasting. KOCCA actively advances these industries via production support, marketing and promotion, global expansion abroad, human capital development, and cultural technology implementation.For media enquiries and additional background information, please contact:Charmaine KwanHead of Marketing and CommunicationsEmail: charmaine@avia.orgWebsite: www.avia.org |LinkedIn: www.linkedin.com/company/asiavideoia |Twitter: @AsiaVideoIADisclaimer: The Cultural and Creative Industries Development Agency of the Government of the Hong Kong Special Administrative Region provides funding support to the project only, and does not otherwise take part in the project. Any opinions, findings, conclusions or recommendations expressed in these materials/events (or by members of the project team) are those of the project organisers only and do not reflect the views of the Government of the Hong Kong Special Administrative Region, the Culture, Sports and Tourism Bureau, the Cultural and Creative Industries Development Agency, the CreateSmart Initiative Secretariat or the CreateSmart Initiative Vetting Committee. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
InfoComm India 2024 Wraps Up with Impressive 17% Increase in Unique Attendance ACN Newswire

InfoComm India 2024 Wraps Up with Impressive 17% Increase in Unique Attendance

MUMBAI, INDIA, Sept 9, 2024 - (ACN Newswire via SeaPRwire.com) - InfoComm India 2024, the premier professional audiovisual (Pro AV) and integrated experience solutions event in India, concluded its tenth in-person edition at the Jio World Convention Centre (JWCC) on 5 September with resounding success. The show recorded 10,867 unique business attendees, marking a 17% increase compared to the previous edition.Multifaceted Success Growth StoryImportantly, InfoComm India 2024 saw a significant surge in visitor interest to spend more time at the show, with an 80% increase in same-show return visitors compared to the last edition. Nearly 30% of visitors are technology end users – a 5% growth compared to 2023. Almost 50% of visitors hold managerial positions or higher or directly influence technical and purchasing decisions. The rise in highly engaged attendees, with high purchasing authority, and increased time spent at the show underscores not only InfoComm India’s growing relevance in India’s Pro AV market but also aligns with the country’s thriving economy and increasing adoption of cutting-edge technologies across various market sectors and industries. InfoComm India 2024's success is a testament to the immense potential and opportunities the Indian market holds for the Pro-AV industry.“The Indian market is one of the most important markets for us,” shared David McKinney, Managing Director of Generation AV, a new exhibitor at the show. “We have attended past InfoComm India editions (as visitors) and we saw so many opportunities here. Coming off the back of a successful InfoComm Asia in Bangkok in July, we have high hopes to show off our brands and technology to our customers in India.”InfoComm India 2024 was a vibrant hub of activity where visitors explored the future of Pro AV technology, connected with exhibitors, and participated in experiential activities.“There isn’t any platform like InfoComm India that showcases the best of Pro AV solutions,” enthused Devi M A, General Manager of Samsung. He added, “We’ve had a great experience over the last three days because we’ve had many end users and potential customers, signifying huge opportunities building up for us.”Durai Kandasamy, Managing Director and CEO of first-time exhibitor NeoTouch, expressed his gratitude to the show, “We were visitors to InfoComm India for many years. Now that we are here as an exhibitor is a proud moment for us, being able to position our brand in a different orbit and participate alongside international brands.”Advanced Pro AV Technology and Solutions for a Future-Ready Digital EraInfoComm India served as a launchpad for leading solution providers to debut their latest products and solutions, thereby helping to shape the future of the Pro AV industry in India. With some 250 global and emerging exhibitors and brands, including more than 30 new participants, and over 30 product launches – including new-at-show and new-in-Asia debuts – the show treated visitors to a plethora of innovations applicable to diverse industries. From immersive displays and innovative audio systems to integrated experiences and smart solutions, InfoComm India 2024 provided a glimpse into the transformative power of Pro AV in various sectors, including corporate, education, live events and entertainment, smart urban planning, hospitality, and retail.Ashish Bajaj, Director of Enterprise Sales – India and SAARC of Harman, shared why InfoComm India is a valuable platform for solution providers like Harman, “We saw all our customers, users, and partners for the installation market at the show. This market is huge in India and it’s growing rapidly.”Constantly seeking to explore opportunities in various solution segments, return exhibitor ViewSonic shared that it has received many good connections every time the brand exhibits at the show. A marketing representative from ViewSonic summed up, “If you want to experience the future of technology, you have to visit InfoComm India.”Innovative products and solutions filled the InfoComm India show floor, dazzling visitors with the latest technology to propel their business success.High-Value Attendees Actively Seeking SolutionsInfoComm India welcomed 76 qualified high-value buyers from all over India. These buyers actively seeking solutions for their ongoing projects come from various high-growth sectors that the Show organizers specially identified, including smart city and urban development, education, live events and entertainment, and healthcare. Through a specially curated Guided Show Floor Tour and pre-show business matching exercise with the exhibitors, the show gave the buyers a comprehensive look at the latest and innovative Pro AV offerings relevant to their specific project needs.Hosted Invited Guests include: National Informatics Centre, India; Rajasthan State Industrial Development and Investment Corporation; National Institute for Smart Government; Honeywell; Agra Smart City; Ramoji Film City; and more.“InfoComm India allowed me to discover more companies, new technologies, and the attributes that can help me refine and improve our future procurement process,” remarked Invited Guest Anand Menon, Project Planning and Management Specialist from AGRA Smart City, at the end of his visit. "The guided tour was particularly helpful, offering a focused overview of the booths and technologies most relevant to my project needs."Other high-profile vertical market end users who visited InfoComm India 2024 included:Kerala State IT MissionCentral Public Works Department, IndiaIndian Space Research OrganisationGovernment of Gujarat, IndiaReliance IndustriesAdani GroupAditya Birla GroupTata GroupMahindra & MahindraOberoi GroupBharat Petroleum CorporationAmazon Development CenterBank of AmericaBarclaysCentral Bank of IndiaMaharashtra University of Health SciencesSardar Patel Institute of Technology, MumbaiThe Indian HotelsZee EntertainmentSRSG Broadcast India With a wide range of innovative solutions on displays, the show also attracted large delegations of leading AV and tech channel professionals, including system integrators and consultants like:3CDN Workplace TechActis TechnologiesAccenture SolutionsActis TechnologiesActive AV TechnologiesAllwave AV SystemDiversified AV IndiaInfosysHCL TechnologiesGenesis IT InnovationsTech MahindraHavi Design IndiaWiproVEGA GlobalVelocis SystemsQubix TechnologiesRhino EngineersSigma AVIT Technology SolutionJasline Tay, Regional Sales Head, APAC for BARCO, shared that InfoComm India is her favourite among the Pro AV tradeshows. She believes the Indian market currently provides abundant business opportunities for the well-established BARCO brand.Knowledge-packed Summit ProgramThe InfoComm India 2024 Summit, led by 98 renowned industry experts and thought leaders, was a masterclass in navigating the evolving Pro AV and technology landscape. The attending 2,159 summit delegates (1.2 times more than the last edition, which saw 1,777 delegates) gained valuable insights into critical topics across 14 specialized tracks and 50 sessions ranging from immersive storytelling to the permeation of blended learning across India’s educational system to cybersecurity and AI.The real learning happened beyond the slides as InfoComm India Summit delegates demonstrated they were a community of thinkers and enjoyed meaningful exchanges with industry visionaries.Beyond the Booths: Immersive Experiences and Special EventsInfoComm India 2024 went beyond product displays on the show floor; it provided numerous engaging activities like the New Product & Technology Guided Show Floor Tour, the Multisensory Immersive Experience co-presented with MSS World + Studio Ocupus, and a host of networking events that facilitated meaningful interactions amongst AV system integrators, solution providers and brands, and technology end users. Experiential learning is front and center at InfoComm India; attendees were treated to a multisensory immersive experience and curated guided show floor tours highlighting new launches and the latest technological advancements.When asked what InfoComm India meant to his business, Swadesh Khetawat, Managing Director, Green Sources, said, “InfoComm India gave us a robust platform to showcase our innovative solutions, significantly boosting our visibility and market presence. The networking opportunities also facilitated several strategic partnerships, enhancing our distribution channels and market reach,’ India - World's Fastest-Growing Pro AV MarketThe success of InfoComm India 2024 reflects the robust growth of the Pro AV market in India. According to the 2024 Industry Outlook and Trends Analysis (IOTA) by AVIXA, India is the fastest-growing Pro AV market in the Asia Pacific region, with annual revenue projected to reach 422 billion in 2029.InfoComm India’s 100% rebooked 2025 show floor reflects the overwhelming optimism within the Indian market. The show’s achievement this year highlights InfoComm India's pivotal role in driving the industry's growth and innovation, establishing it as the region's leading platform for showcasing cutting-edge Pro AV technologies and fostering collaboration.Show Organizer InfoCommAsia Pte Ltd is already looking ahead to its 2025 edition and is considering further enhancements to include even more brands and companies that are keen to take advantage of this incredible opportunity. InfoComm India 2025 will take place from 9 to 11 September 2025 at JWCC.For the latest show updates, visit InfoComm India at www.infocomm-india.com. To access this year’s show photos and more press info, go to Digital Press Kit For more InfoComm India 2024 show photos, go to Live Album.About InfoCommAsia Pte LtdInfoCommAsia Pte. Ltd. is the region’s preeminent organizer of tradeshows for the Professional AudioVisual (Pro-AV) and Transformative Solutions industries. Through industry-leading shows for Asia, China, and India, InfoCommAsia connects global and regional solution providers, vertical market end-users and the supply chain with the most important markets of Asia Pacific.Additional information is available at: infocomm-china.com | infocomm-india.com | infocomm-asia.com About AVIXAAVIXA is the Audiovisual and Integrated Experience Association, producer of InfoComm trade shows around the world, co-owner of Integrated Systems Europe, and the international trade association representing the audiovisual industry. Established in 1939, AVIXA has more than 3,000 enterprise members representing over 20,000 AV professionals, including manufacturers, systems integrators, dealers and distributors, consultants, programmers, live events companies, technology managers, content producers, and multimedia professionals from more than 80 countries. AVIXA members create integrated AV experiences that deliver outcomes for end users. AVIXA is a hub for professional collaboration, information, and community, and is the leading resource for AV standards, certification, training, market intelligence, and thought leadership. Visit www.avixa.org. Media Contact Information: Rest of the World Angie Eng, Marketing Director InfoCommAsia Pte Ltd angieeng@infocommasia.com India Sooraj Dhawansooraj@falconfirst.com Copyright 2024 ACN Newswire via SeaPRwire.com.
More