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SCIB Terminates Indonesian Project

KUCHING, MALAYSIA, Feb 14, 2023 - (ACN Newswire via SEAPRWire.com) - Civil engineering specialist Sarawak Consolidated Industries Berhad (SCIB) today announced that the Company's wholly-owned subsidiary, SCIB International (Labuan) Ltd. (SCIBILL), has issued a notice of termination to PT Cipta Multi Sarana (PTCMS) for the proposed engineering, procurement, construction and commissioning (EPCC) project involving earthworks for the Prabumulih-Muara Enim tolled road located in Sumatera, Indonesia valued at RM55.59 million.Group MD and CEO of SCIB, Encik Rosland bin OthmanSCIBILL, which accepted a letter of award for the EPCC project on 18 August 2020 from PTCMS, has decided to take the necessary measures to protect its interests following the lack of progress in the project arising from uncertainties related to the COVID-19 pandemic and in view of the initiatives being taken to review and update SCIB's order book records.SCIBILL and PTCMS have mutually agreed to terminate the contract and unconditionally release and indefinitely discharge both parties from all claims, liens and obligations of every nature arising out of or in connection with the performance of the works and all amendments thereto, provided that the parties' obligations under a settlement agreement are fulfilled.Group Managing Director of SCIB, Encik Rosland bin Othman said, "The termination is in the best interests of the Company as there has been no progress on the project. On the part of PTCMS, it has acknowledged that there are no penalties or liquidated ascertained damages on SCIBILL."Sarawak Consolidated Industries Bhd: 9237 [BURSA: SCIB], http://scib.com.my Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)

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Mitsubishi Heavy Industries Achieves YoY Increases in Order Intake, Revenue, Business Profit, and Net Income in Third Quarter

TOKYO, Feb 7, 2023 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Heavy Industries (TSE Code: 7011) announced that order intake rose 19.0% year-over-year to YEN2,966.1 billion in the third quarter ended December 31, 2022. Revenue rose 11.1% to YEN2,938.0 billion year-over-year, resulting in business profit of YEN105.2 billion, a 30.3% increase from the previous fiscal year, which represents a profit margin of 3.6%. Net income was YEN66.4 billion, an increase of 32.8% year-over-year, with a profit margin of 2.3%. EBITDA was YEN208.6 billion, a 16.4% increase from FY2021, with a profit margin of 7.1%, up 0.3 percentage points year-over-year.Other highlights included orders and revenue growth in Nuclear Power, Aero Engines, HVAC, and Commercial Aviation. YoY improvements in profitability were mainly seen in Energy Systems and Aircraft, Defense & Space resulting from revenue growth in Nuclear Power and Aero Engines as well as foreign exchange effects combined with fixed cost reductions in Commercial Aviation.　FY2022 Guidance:MHI revised its guidance for the period ending March 31, 2023, with company-wide totals unchanged from the most recent revision made on November 1, 2022, while updating business profit in Energy Systems and Aircraft, Defense & Space.CFO Message:"MHI have had a stable first three quarters this fiscal year," Hisato Kozawa, CFO of MHI commented. "We saw increases in orders and revenue in three out of four reporting segments arising from business expansion and benefits from the depreciation of the yen. Performance was especially strong in GTCC, Nuclear Power, Logistics Systems, and HVAC." Kozawa continued, "That said, we still have our work cut out for ourselves in the fourth quarter as we work to offset profitability issues caused by a variety of factors such as global inflation using all of the tools available to us. Our goal for this fiscal year is to set the stage for a successful FY2023, during which we aim to achieve the targets laid out in our 2021 Medium-Term Business Plan."About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world?s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com.For more information, visit www.mhi.com/news/23020701.html. Copyright 2023 JCN Newswire. All rights reserved. (via SEAPRWire)

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HKTDC: Hong Kong ready for business; Delegation arrives in Riyadh

Riyadh, Saudi Arabia, Feb 6, 2023 - (ACN Newswire via SEAPRWire.com) - A delegation of business leaders from the Hong Kong Special Administrative Region (HKSAR), led by the city's Chief Executive Mr John Lee and principal government officials, has arrived in Riyadh to explore collaboration opportunities with the business community of Saudi Arabia.Several Memoranda of Understanding (MoU) were signed at the Investment Forum yesterday. These include Hong Kong Exchanges and Clearing Limited (HKEX) and Saudi Tadawul Group Holding Company.The delegation paid a visit to THE LINE Experience exhibition to learn about the innovative urban designs of the futuristic city NEOM.Over the past two days, the delegation discussed with Saudi government and industry leaders how Hong Kong can facilitate the Kingdom's strategic development via its role as a global financial hub and China's international gateway. The 30-strong delegation includes senior executives from Hong Kong's financial institutions and regulator as well as major players in innovation and technology (I&T), sustainability and smart city solutions. Riyadh is the first of three stops on this week-long mission to the Middle East, organised by the Hong Kong Trade Development Council. At a press conference followed by an Investment Forum and dinner officiated by the Saudi Minister of Investment H.E. Khalid Al-Falih and attended by some 300 Saudi Arabian guests yesterday, Chief Executive Mr John Lee, said, "Saudi Arabia is a strong economy of the Gulf region and a growing source of foreign direct investment. Driven by Vision 2030, the dynamic blueprint for the future, Saudi Arabia is destined to take its place as an economic powerhouse built on diversity, sustainability, and innovation and technology. Hong Kong has long been the Asia-Pacific region's multi-level bridge for foreign and Mainland Chinese businesses and investors. As integration with the Mainland continues to deepen, so too do opportunities for Hong Kong, and the economies and companies that work with Hong Kong."Mr Lee was joined by Deputy Secretary of Justice Mr Horace Cheung, Secretary for Financial Services and Treasury Mr Christopher Hui, and Secretary for Commerce and Economic Development Mr Algernon Yau. Other business leaders from Hong Kong and Saudi Arabia also exchanged views at the investment forum yesterday.At the forum, H.E. Khalid A Alfalih said: "This visit comes on the heels of numerous historic visits between our two countries starting with the visit of President Xi in 2016 following which the ties between the two countries deepened. Through this collaboration we aim at further developing various sectors whether it be asset management, private equity, wealth management - or in fintech, which saw an exponential growth of 79 per cent between 2021 and 2022."He added:" Saudi Arabia has the largest regulated capital markets in the region, with the largest stock exchange in the MENA region. Due to evolving trends we are also making efforts to strengthen global supply chains and have launched a dedicated global supply chain resilience initiative. This will be a great opportunity for China and Hong Kong-based companies to use the KSA as a platform for adding value to products customised for the Middle East region and beyond."Several Memoranda of Understanding (MoU) were signed at the Investment Forum. These include:- Hong Kong Exchanges and Clearing Limited (HKEX) and Saudi Tadawul Group Holding Company- SenseTime and King Abdullah Financial District (KAFD) (Letter of Intent)- Hong Kong General Chamber of Commerce (HKGCC) and Riyadh Chamber- Templewater Ltd, Bravo Transport Services Ltd and Wisdom Motors (Hong Kong) Ltd and Nesma Holding Ltd- SenseTime and Sela Company (Letter of Intent)- Hutchison and King Salman Energy Park (SPARK)HKTDC Chairman Dr Peter K N Lam said, "Saudi Arabia has an important role to play in the global economy, similar to China. And as a global financial hub, China's international gateway and a commercial hub for the Belt and Road Initiative, Hong Kong can facilitate opportunities to help drive development initiatives around the world. We are pleased to organise this delegation to come and discuss collaboration opportunities, not only in our traditional sectors of finance and trade, but also in new areas in tech and innovation, smart city and sustainability solutions. Creating opportunities has been the work of the HKTDC for over 55 years, and I am hopeful that we can continue to help Hong Kong businesses play a part in the exciting growth of Saudi Arabia and the regional overall."The delegation has met with key enterprises in Riyadh to exchange ideas and learn more about Saudi Arabia's Vision 2030. They visited major institutions, such as the Saudi Stock Exchange and the NEOM exhibition. This evening, the delegation will travel to Abu Dhabi and then onwards to Dubai, to meet with senior government and business leaders of the United Arab Emirates.As a two-way platform between China and the world and as one of the world's top financial centres, Hong Kong has been supporting businesses and investors worldwide to tap into the vast China and Asia market and has been playing a major role in the global financial system with its unique connectivity to China's market. As part of China, but operating under an international system, Hong Kong provides special access to and from the mainland in the flow of capital, goods, technology and people, as defined in the country's national 14th Five-Year plan.Hong Kong is also a commercial hub for the Belt and Road Initiative, a global development plan initiated by China, and part of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) - an area in Southern China earmarked by the Chinese government to become a powerhouse of capital, I&T and cultural exchange driving the country's development. With its common law system, low tax regime, advanced infrastructure and connectivity and as a its world-renowned global trade and business hub, Hong Kong is well-placed to support businesses from all over the world to invest and grow.Find out more about Hong Kong:- Hong Kong: general facts https://tinyurl.com/Asias-world-city- Hong Kong as a global financial centre https://tinyurl.com/Financial-Centre- Hong Kong's tech and innovation https://tinyurl.com/Tech-Innovation- Hong Kong as the commercial hub for the Belt and Road Initiative https://tinyurl.com/Belt-and-Road- Hong Kong as part of the Guangdong-Hong Kong-Macao Greater Bay Area https://tinyurl.com/Greater-Bay-AreaAbout 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, small and medium-sized enterprises (SMEs), in the mainland and international markets. Please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedInOrient Planet Group:Hassane Ghanem, Tel: +966 598606946, Email: hassane.ghanem@orientplanet.comHKTDC:Niveen Faris, Tel: +966 11 4169713, Email: niveen.faris@hktdc.orgSunny Ng, Tel: +852 2584 4357, Email: sunny.sl.ng@hktdc.orgSam Ho, Tel: +852 2584 4569, Email: sam.sy.ho@hktdc.org Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)

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PKT Pal Announces Mini, the Open Mesh Wifi System that Pays Users

The Mini makes it easy to earn income from the internet. CASPER, WYOMING, February 01, 2023 – (SEAPRWire) – PKT Pal has announced the launch of its latest product, the Mini by PKT Pal. The Mini is an Open Mesh wifi system that enables users with high-quality internet to earn money by safely sharing online access. Each Mini includes a free Edge Extender antenna for expanding Open Mesh access. This product is ideal for both residential and commercial properties. “The Mini makes it easy for people to earn income from the internet they already pay for,” said Josh Berger, co-founder of PKT Pal. “This ushers in a new era to the gig economy.” Jesse Berger, PKT Pal co-founder and CEO added, “The Mini turns an internet expense into a revenue stream. It’s now possible for residents and business owners to safely share online access with neighbors, tenants or customers.” PKT Pal creates plug-and-play hardware and user-friendly software to help people around the world convert their internet into income, with security being a top priority. The Mini runs on the PkteerOS software, which has a user-friendly dashboard, tracks income, displays network stats, and includes a built-in VPN and digital PKT wallet. The PkteerOS has no license fee and can be securely paired to a computer or mobile device. The Mini earns revenue from PKT mining and wifi sharing. PKT mining generates income every minute the device is connected to the internet and not wifi sharing. Wifi sharing enables secure, password-free sharing of wifi through an Open Mesh system. When within range, “PKT Free Internet” will appear as an open network and offers free basic internet service. Providers get paid when users choose to pay a low weekly fee for streaming fast service. Caleb James DeLisle, PKT Pal co-founder said, “While there is so much bandwidth being wasted everyday, wifi sharing repurposes that bandwidth to provide internet access as a public utility. This helps make the internet accessible for everyone.” Unlike closed mesh systems such as Amazon Eero, Google Home and Ubiquiti, the Mini uses Open Mesh, VPN and captive portal so no password is needed. This ensures easy, available online access, with safe and secure data privacy using end-to-end encryption. The Mini offers Open Mesh coverage up to 1,000 sq. ft. Each Edge Extender further extends coverage by up to 1,000 feet. A Mini can daisy chain with five Edge Extenders to maximize wifi sharing range. The Mini costs $499, which includes 1 free Edge Extender ($150 value), unlimited wifi sharing, and a license to PkeerOS software. Only a $99 deposit is required to reserve a Mini today. The Mini begins shipping worldwide (with some exceptions) April 2023. To purchase a Mini, visit https://pktpal.com/mini. To preview the Mini, visit: https://youtu.be/P3KFMnw7ofI ABOUT PKT Pal PKT Pal (https://pktpal.com/) is a technology company that was established in 2020. It creates hardware and software that helps people earn money from the internet. PKT Pal offers three products: the Mini, Cube, and Edge Extender. These are plug and play devices that allow anyone to earn money from their internet bandwidth. PKT Pal products ship globally and can be used anywhere in the world as long as there is a good internet connection. PKT Pal products use open source technology from the PKT blockchain project (https://pkt.cash/).  Social Links: Twitter: https://twitter.com/pkt_pal Media Contact Company: PKT Pal Contact: Media Team Website: https://pktpal.com/ SOURCE: PKT Pal The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)

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SCIB Enforces Rights to Withdraw from Project

KUCHING, MALAYSIA, Jan 27, 2023 - (ACN Newswire via SEAPRWire.com) - Civil engineering specialist Sarawak Consolidated Industries Berhad (SCIB) today announced that the Company has issued a letter of withdrawal to Kencana Healthcare Sdn. Bhd. (KHSB) for the proposed engineering, procurement, construction and commissioning (EPCC) contracts involving a specialist hospital project located in Johor Bahru.Group MD and CEO of SCIB, Encik Rosland bin OthmanSCIB had accepted a letter of award from KHSB dated 13 August 2021 for EPCC contracts involving the capital equipment procurement as well as the leasing concession for the procurement, supply, installation, testing and commissioning of medical equipment. SCIB and KHSB have mutually agreed to the Company withdrawing from the project.As part of the withdrawal from the project, KHSB will reimburse under a settlement agreement, the commitment fee amounting to RM1.65 million that SCIB had paid out in two tranches. The withdrawal from the contracts will not have any material effect on the gearing, earnings per share and net assets of the Company for the financial year ending 30 June 2023.Group Managing Director of SCIB, Encik Rosland bin Othman said, "The Company is enforcing its rights under the contracts and taking the necessary measures to protect SCIB's interests in mitigating the risks arising from the long delay or non-movement of project progress due to the uncertainties and inability to secure the necessary operator for the project. Additionally, this decision was made due to reviewing and updating our order book records to reflect the current situation."Sarawak Consolidated Industries Bhd: 9237 [BURSA: SCIB], http://scib.com.my Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)

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Mastering Wind Power Online Workshop is Back by Popular Demand

Singapore, Jan 26, 2023 - (ACN Newswire via SEAPRWire.com) - Infocus International Group, a global business intelligence provider of strategic information and professional services, has announced the new dates for Mastering Wind Power training and it will be commencing live on the 20th of February 2023. Attendees will gain an excellent understanding of all the key factors facing wind power developers and investors, from resource assessment and energy production complexities, through technology trends, project development and planning challenges, to financial returns and risks.The course will include the illustration of key concepts using online tools, wind resource datasets, energy yield, financial and other simple calculations, along with discussion of key planning and market environment considerations.In keeping with the business-focused theme of the course, any illustrative materials are designed to provide time-efficient clarification of the key course takeaways, aimed at commercially-focused business developers and investors. They are therefore accessible to non-experts, not designed to replicate the complex or in-depth detailed planning undertaken - over much longer periods! - by experienced engineers and technical teams.A past participant from Statkraft Development AS shared, "This was one of my best spent weeks on training all year! A good and efficient way of getting an overview of the renewable energy sector. I found him very knowledgeable and enthusiastic in presenting the material, also enabling knowledge exchange between participants in the group. I really enjoyed his interesting lessons and the group work he provided for additional learning outcomes. Thanks.""Execellent course. It is very helpful to me to understand how to develop and construct the wind farm project," said another past participant from Mitr Phol Group.Course Sessions1. From wind flow to electricity: wind turbines and wind farms2. Understanding and measuring wind resources3. Successful delivery of wind power projects4. Taking wind power offshore5. Making money from wind power projectsAmong the key points to be addressed- Learn from global experiences in wind power project development- Understand unique properties of wind resource, and how these feed into financial risk analysis- Gain a business-focused, up-to-date perspective on current and emerging wind technology innovations and project delivery best practices- Analyse and discuss practical and project delivery risks facing wind power projects, including key stakeholder engagements- Get hands-on with a financial model to better understand financial risks and returns for wind power projects- Compare and contrast the unique extra costs and complexities of offshore wind projects with those onshoreWant to learn more?Simply email to esther@infocusevent.com or call +65 6325 0210 to obtain your FREE COPY of event brochure. For more information, please visit www.infocusinternational.com/wind-online.About Infocus International GroupInfocus International is a global business intelligence provider of strategic information and professional services for diverse business communities. We recognises clients' needs and responds with innovative and result oriented programmes. All products are founded on high value content in diverse subject areas, and the highest level of quality is ensured through intensive and in-depth market research from local and international insights. For more information: www.infocusinternational.com Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)

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Infocus International Brings Back Public-Private Partnerships In-Person Course in Singapore

Singapore, Jan 25, 2023 - (ACN Newswire via SEAPRWire.com) - The Public-Private Partnership (PPP) workshop is back for 2023 in Singapore. Infocus International is delighted to bring one of their best events to professionals from all around the world and it will be commencing on 6th February 2023 in Singapore.We need new infrastructure. Roads, airports, schools, hospitals and housing: the list is enormous and growing. Yet severely limited budgets, economic uncertainty caused by volatile commodity prices, and deficits continue to prevent government at all levels from delivering the kinds of structural change that has always been needed.In response, some countries have developed relatively successful PPP programmes - similar in many ways yet with specific national characteristics. Challenges remain throughout each region and are intensifying in the current environment. Merely grasping the concepts of PPP does not do justice to our great responsibility of having an ownership in the country's future. We already know what we need to do, now is the time to really discover HOW. Beginning with an in-depth understanding of how PPPs work, from financial, commercial, project & legal aspects, we seek to push our participants to innovate with real life case studies, group discussions and technical evaluation.One of our past participants from Electricity Generation Company (Malawi) Ltd shared that, "The facilitator was very knowledgeable on the subject matter, very responsive to questions and innovative in the delivery of the PPP training program. The knowledge gained will assist me in productive participation in ongoing and planned PPP Projects in my country."Another past participant from PNG Ports Corporation also mentioned that, "This is an excellent course for anyone involved in PPP. Highly recommended."Benefits of Attending:- Use best practices from international case studies of successful PPP transactions and common practical pitfalls to avoid- Design and manage PPP legal, regulatory & institutional frameworks to attract investors and complete PPP transactions- Apply models for the efficient design and completion of PPP feasibility studies- Understand project financing requirements and evaluate PPP financial models for both affordability and bankability- Evaluate and apply different credit enhancement techniques to ensure PPP bankability, including blended financing, viability gap funding (VGF), partial guarantees, risk insurance products, output-based aid (OBA) and other financial instruments- Design PPP transaction implementation plans and manage & oversee PPP transaction advisors for reaching commercial closure and financial closure- Models for PPP tender documents, including PPP Project Information Memoranda ("InfoMemos"), Requests for Qualifications (RFQs), Requests for Proposals (RFPs) - International models for designing and drafting PPP contracts & agreements- Environmental & social impact mitigation techniques to structure sustainable private investments in public infrastructure- Plans for managing sustainable PPP contracts including ensuring technical performance, quality of service delivery, price review & adjustment regulatory models, legal contract management and alternative dispute resolution (ADR) techniquesWant to learn more?Simply email to esther@infocusevent.com or call +65 6325 0210 to register your attendance. For more information, please visit https://www.infocusinternational.com/pppAbout Infocus International GroupInfocus International is a global business intelligence provider of strategic information and professional services for diverse business communities. We recognises clients' needs and responds with innovative and result oriented programmes. All products are founded on high value content in diverse subject areas, and the highest level of quality is ensured through intensive and in-depth market research from local and international insights. For more information: www.infocusinternational.com Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)

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Rex Fuels & Solvex Global Conference 2023: Bitumen, Petrochemicals & Petro-Products

DUBAI, UAE, Jan 19, 2023 - (ACN Newswire via SEAPRWire.com) - India is the fastest growing major economy in the world. In an era of global economic headwinds, India's petroleum products consumption recorded a growth of 5.1% in FY 2021-22. It is projected to grow at 11% in the FY 2022-23. Bitumen, Petrochemicals and Base Oils are the three key products which is increasingly dependent on imports, due to domestic refining slate constraints. Middle East has traditionally been the key supply source for India's import requirements. Russia is fast emerging as a new supply source vying for a slice of the Indian petroleum products market.By 2030 India’s Bitumen Imports Are Projected to Reach 6 Mil Tons, And Petrochemicals Imports Are Projected to Reach 18 Mil Tons. New Suppliers Are Vying For A Share [Graphic: Rex] The new year 2023 brings together the leading Refineries, Buyers, Traders, Logistics Players, and Consultants for a power packed two-days of stimulating deliberations, business development and networking on Bitumen, Petrochemicals and Petro-products sector. The Rex Fuels & Solvex Global Conference 2023 would be the biggest event for the buyers & sellers in the Middle East, India, Africa, Russia, and South-East Asia. Some of the biggest refineries from the Middle East region together with Gazprom from Russia are sponsoring the two-day conference. Mark your calendar for 25th & 26th Jan 2023, InterContinental Hotel, Dubai Festival City.The dynamic and evolving geopolitical developments since February 2022 have brought new challenges and thrown open new opportunities as well. The oil & gas sector is right in the middle of it. The price volatility and rebalancing of the supply chains worldwide has led the market players to redraw their strategies to meet the evolving business challenges. Dubai occupies an increasingly pivotal role as the business hub for the region and also for the world. Rex Fuels & Solvex Global Conference 2023 brings together leading market participants. Widely acknowledged as the benchmark event of the industry, the Rex Fuels & Solvex Global Conference is in its 5th edition in Dubai. It has already received the highest ever level of confirmed participation from over 400 delegates from Bitumen, Petrochemicals and Base Oils sectors. The overall number of Delegates participating in the two-day event is expected to exceed 500. The event has already attracted over 100 sponsors and 36 Exhibitors till date. The agenda for the event and the Speakers list at the event include the top luminaries and experts from the leading Petroleum companies from the Bitumen, Petrochemicals and Petro-products sector. This event has elicited an unprecedented level of interest with delegates' confirmation already received from over 28 countries from across the globe. It is likely to be a fully sold-out event. It would be an unmatched gathering of Suppliers, Buyers and Traders from Bitumen, Petrochemicals and Petro-products sectors.India being the biggest importer of the bitumen and petrochemical products in the region has attracted the largest number of participants closely followed by the Middle East region. Delegates from Africa, Europe, Russia, and South-East Asian countries have also confirmed their participation. A special highlight of this year's event is a special exhibition pavilion dedicated to the Petrochemicals sector with over 23 suppliers putting up the exhibition booths. Suppliers from Bitumen, Base Oil and Petro-products have also expressed a very high level of interest in the exhibition pavilion.The venue of the two-day conference, InterContinental Hotel, Dubai Festival City is well equipped to handle over 600 Delegates, Sponsors and Exhibitors in an environment of luxury and professional ambience.Organized by Rex Conferences, a leading consultant in the Bitumen, Oil & Gas and Road Construction sector in India and Middle East region, Rex Group is widely acknowledged for their leading role in developing a consensus approach among the industry stakeholders. Be a part of this premiere event to help shape the future Bitumen, Petrochemicals and Petro-products industry and get an opportunity to collaborate with industry experts in the fast-developing market. This premier event presents an unmissable opportunity for Business Development, Networking and Brand Promotion.You may register online for Delegates at https://rexconferences.com/register or email at conferences@rexfuels.comFor Sponsorship, Exhibitor and Delegate bookings, please contact Sandip Mukherjee, Vice President, Business Development, Mobile / WhatsApp: +91 91673 64282, E: sandip@rexgbeservices.com, U: www.rexconferences.com. Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)

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Spritzer Ecopark Transformed to Colourful Spring Overnight

KUALA LUMPUR & TAIPING, Jan 12, 2023 - (ACN Newswire via SEAPRWire.com) - Say goodbye to the snowy white winter wonderland and hello to the colourful florals of spring as SPRITZER ushers the Year of the Rabbit by transforming Spritzer EcoPark through their creative use of Spritzer bottles repurposed to welcome the lunar new year traditions with a modern flare.Springtime at Spritzer EcoparkBe greeted by a striking 28-foot tree partially created from thousands of recycled Spritzer bottles while walking through a garden of eye-popping playful pink and radiant red peonies signalling the coming of spring from now to 5 February, including New Year Day itself on 22 January. Ring in the Year of the Rabbit celebrations with Spritzer as a traditional lion dance will be held on 26 January to bring good luck and fortune for the auspicious new year.Capture those Instagram-able moments as you step back in time at a traditional Chinese ancient house, stroll into a gorgeous tunnel ringed by flowers also partly created from Spritzer bottles, visit a domed house decorated with exquisite opulent ornaments and stop by the beautiful gazebo - perfect for photo opportunities for a lifetime.All are welcome and admission is free. Visitors who spend at least RM10 at the souvenir shop and water shop will receive Spritzer angpow packets. Remember to keep the receipts as Spritzer water products purchased will let you enter "The SYOK Goes On With Spritzer" online contest for a chance to win RM100,000 of gold bars and other SYOK prizes.In line with the Company's values, Spritzer encourages recycling and repurposing. The Company continuously strives to incorporate sustainability into every aspect of its operations, from bottles, labels and its people. Join Spritzer by incorporating recycling into your 2023 and beyond.Spritzer hopes to continue welcoming everyone in a safe manner. Please plan your time and have a fun-filled experience at Spritzer EcoPark this coming Year of the Rabbit!Spritzer Bhd: [Bursa: SPRITZER; 7103] [RIC: SPTZ:KL] [BB: SPZ:MK] [OTC: SPZRF], https://www.spritzer.com.my Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)

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Hong Kong Heritage Discovery Centre holds “Light of Jinsha – The Ancient Shu Civilisation” exhibition

HONG KONG, Dec 30, 2022 - (ACN Newswire via SEAPRWire.com) - An exhibition entitled "Light of Jinsha - The Ancient Shu Civilisation" is now open at the Hong Kong Heritage Discover Centre. Featuring over 70 pieces of invaluable national exhibits unearthed from the archaeological sites in Sichuan Province, namely Jinsha in Chengdu and Sanxingdui in Guanghan, the exhibition reveals the civilisation of the ancient Shu of 4,000 years ago.The "Light of Jinsha - The Ancient Shu Civilisation" exhibition opens from December 30 to March 29, 2023 at the Hong Kong Heritage Discovery Centre. One of the highlight exhibits, a face-shaped gold foil (grade-one national treasure) unearthed from the Jinsha site. One of the highlight exhibits, a replica of the "gold foil sunbird". Its prototype is one of the most significant national treasures excavated at the Jinsha site.One of the highlight exhibits, a stone yazhang-tablet, unearthed from Tai Wan on Lamma Island in 1990. Its decorative style is similar to the jade zhang-tablet unearthed from the Jinsha site, suggesting a spread of ritual artefacts from the Central Plains to the Chengdu Plain and the Pearl River Delta region in Lingnan.The "Light of Jinsha - The Ancient Shu Civilisation" exhibition is the first exhibition following the signing of the framework agreement by the Development Bureau and the National Cultural Heritage Administration last month to further promote cultural heritage exchange and collaboration on archaeology and built heritage.The Jinsha site, a major archaeological discovery in 2001, is another political, economic and cultural centre established by the ancient Shu people in Chengdu Plain after the Sanxingdui civilisation. Located in the northwest of downtown Chengdu with a total area of over five square kilometres, the site has yielded various important remains as well as tens of thousands of precious cultural relics, including sacrificial vessels and household utensils made of ivory, gold, bronze and jade.Over 200 pieces of gold artefacts were unearthed from the Jinsha site, topping the archaeological sites of the Xia and Shang dynasties ever found in terms of the quantity and variety. Among the gold artefacts on display at the exhibition are two pieces of grade-one national treasures, namely a face-shape gold foil and a frog-like gold foil. A replica of the "gold foil sunbird", the most significant national treasure unearthed at the Jinsha site, is also be displayed to showcase the exquisite gold craftsmanship of the ancient Shu.Also displayed at the exhibition are seven selected archaeological artefacts from Hong Kong, including a stone yue-axe, a stone ge-blade, a stone ring and a stone yazhang-tablet, for comparison with those excavated from Sichuan. The similarities between these relics from Hong Kong and Sichuan suggest a spread of ritual artefacts from the Central Plains to the Chengdu Plain and the Pearl River Delta region in Lingnan, demonstrating the "pluralistic integration" of the origins of the ancient Chinese civilisation.The arrival of the national exhibits in Hong Kong and the preparation of the exhibition are introduced in a short video (https://youtu.be/Jq9NCZOKaQI) produced by the Antiquities and Monuments Office (AMO). The exhibition is held at the Hong Kong Heritage Discovery Centre, Kowloon Park, Haiphong Road, Tsim Sha Tsui until March 29, 2023. Admission is free. For details, please visit the AMO's website (https://www.amo.gov.hk/en/news/index_id_128.html?year=2022) or call 2208 4488. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Eco Expo Asia opens today

HONG KONG, Dec 14, 2022 - (ACN Newswire via SEAPRWire.com) - The Eco Expo Asia 2022, jointly organised by the Hong Kong Trade Development Council (HKTDC) and Messe Frankfurt (HK) Ltd and co-organised by the Environment and Ecology Bureau of the Government of the Hong Kong Special Administrative Region (HKSAR), begins today at the Hong Kong Convention and Exhibition Centre (HKCEC). The four-day Expo runs until 17 December and adopts the brand-new EXHIBITION+ model, which allows exhibitors and buyers to extend interactions from the physical fair to the online platform "Click2Match" until 24 December. The last day of the event on 17 December is open to the public for free to encourage them to take part in green activities and practice green living.The Eco Expo Asia 2022, jointly organised by HKTDC and Messe Frankfurt (HK) Ltd, opens today.HKTDC Deputy Executive Director Sophia Chong, spoke at the Opening Ceremony today.Tse Chin-wan, Secretary for Environment & Ecology of the HKSAR Government visits the fairground with Sophia Chong, Deputy Executive Director of the HKTDC, and other VIP guests.Tse Chin-wan, Secretary for Environment and Ecology, HKSAR Government and Sophia Chong, Deputy Executive Director, HKTDC, officiated at the expo's opening ceremony this afternoon. In her remarks, Ms Chong said: "Themed under 'Green Innovations for Carbon Neutrality', this year's Expo attracted close to 250 exhibitors from nine countries and regions gathering the latest green products, technology and solutions under one roof. It provides a prominent business platform for different industries to capture green business opportunities and help push forward sustainable development globally".Eco Asia Conference brings together industry leaders to unveil new trends and insightsAs the key event of the Expo, this year's Eco Asia Conference will be held from today to 16 December. The conference brings together industry leaders from all over the world to share their insights on the four major issues of environmental protection. In the session 'Potential of Repair and Reuse in Achieving a Circular Business Model', Simon Ng, Chief Executive Officer of the Business Environment Council, was invited to deliver a welcome address, followed by a discussion among representatives of the Business Environment Council and industry leaders on how to integrate item repair and reuse in different business models to drive a circular economy in Hong Kong.For the session 'Government Session: Carbon Neutrality - Challenges and Opportunities Ahead', Zhou Guomei, Director General, Hong Kong and Macao Affairs Office, Ministry of Ecology and Environment; Lu Xiulu, Director-General, Department of Ecology and Environment of Guangdong Province; Tam Vai Man, Director of the Environmental Protection Bureau of Macao SAR Government and Li Shuisheng, Director, Ecology and Environment Bureau of Shenzhen Municipality were invited to present the policies and share the latest developments for achieving carbon neutrality in Mainland China and Macao SAR.Eco Asia Conference will focus on two main themes tomorrow, including 'Advancing Net Zero - Retrofit for Building Energy Efficiency' and 'Green & Sustainable Finance Session: Establishing Hong Kong as a Regional Carbon Trading Hub'. In the first session, representatives from the Hong Kong Green Building Council and Sino Estates Management Limited discuss how building energy-saving retrofit projects can help drive Hong Kong towards carbon neutrality. In the second session, the Hong Kong Exchanges and Clearing Limited (HKEX), Securities and Futures Commission and a number of industry leaders have been invited to talk about green and sustainable financial market momentum in Mainland China, Hong Kong and globally, with a focus on how to establish Hong Kong as a regional carbon trading market. On the third day (16 December), the much-anticipated '3rd Hydrogen Economy Forum' has invited a number of experts to talk about the latest developments in the use of hydrogen as a main energy source within the global economy.In recent years, the world has committed to the development of a green and sustainable global economy. The Expo has received strong support from HSBC, and has invited Carrie Ng, Head of Sustainable Finance, Commercial Banking, Hong Kong, HSBC; Ophelia Lin, Founder and Managing Director, Meiriki Japan Company Limited; Joy Song, Vice General Manager, CECEP Environmental Consulting Group Limited; Johnny Tam, Co-founder & BIM Scientist, XenseTech, and Jenny Lee, Under Secretary General, Hong Kong Green Finance Association to talk about 'Sustainable Finance in Accelerating the Net Zero Transition: SME and ClimateTech'. The Expo has also invited Max Wong, Managing Director of Project & Operations (HK), Link Asset Management Limited to introduce their latest sustainability initiatives through 'A Real Time Walk to See How We Link Sustainability with Communities'.Japan Pavilion returns to the Expo with largest line-up everThe Expo includes a strong line-up of exhibitors from Mainland China, Singapore and Taiwan in Asia, and exhibitors from France, Germany and Sweden in Europe. Alongside the individual exhibitors, the Canadian and Japanese Pavilions return again this year to showcase their national strengths. The Japan Pavilion (booth 1B-E22&E26) is backed by the Hong Kong Japanese Chamber of Commerce and Industry and the Japan External Trade Organization, featuring the largest line-up ever with 38 exhibitors. Toyota Tsusho HK, a subsidiary of the Toyota Group, introduces ecological and renewable energy technology including developments in hydrogen energy use; YKK Hong Kong showcases environmentally friendly zippers made from plant-based materials, as well as a newly launched waterproof zipper made from recycled polyethylene terephthalate (PET) plastic.The Canada Pavilion (booth 1B-E16) includes exhibitors from the fields of waste treatment, green buildings, solar power generation, and the Internet of Things (IoT). CarbonCure Technologies Incorporated, an exhibitor making its debut appearance at the Expo, introduces its innovative technology for using recycled carbon dioxide to manufacture reinforced concrete."Green Transportation" zone displays single-deck hydrogen energy busThe latest Policy Address mentioned that the HKSAR Government will cease new registration of fuel-powered and hybrid private cars by 2035. The "Green Transportation" zone at the Expo gathers the latest electric vehicles and charging facilities to help the industry seize business opportunities. The largest exhibitor, Wisdom Motors (HK) Limited (booth 1A-C31), displays its single-deck hydrogen energy bus along with the double-decker electric buses serving in Hong Kong to promote carbon neutrality. Richburg Corporation Limited (booth 1B-B32) features its improved and upgraded versions of electric cars in which the battery life and fast charging performance have been greatly improved, allowing an 80% recharge in just 42 minutes.Diverse eco-friendly products lead to a green lifestyleIn the "Eco-friendly Products" zone, Novetex Textiles Limited (booth 1B-A24) introduces its textile recycling system "The Billie System", which converts waste from textiles into high-quality recycled fibres. Combining with raw and recycled materials, the System produces unique recycled yarns to help make the clothing and fashion industries green. In the "Water Treatment and Quality Management" zone, ShaanXi ORCA Electronic Intelligent Technology Co., Ltd (ORCAUBOAT) (booth 1B-C25) presents an unmanned environmentally friendly vessel which can navigate and clean garbage round the clock on a pre-set course."Green Buildings and Energy Efficiency Zone" displays include a small, but high-efficiency generator system developed by Robin Energy Limited (booth 1B-E12), which can generate electricity in light wind conditions, representing a boost to the conversion efficiency of wind energy to electricity; Huawei International Co Limited's (booth 1B-E07) solar energy storage system can switch to backup mode using stored energy in 5 seconds if a power outage occurs at home; and an exterior wall coating based on Japanese rocket and aerospace technology from new exhibitor Nishitani (Asia) Limited that helps buildings block ultraviolet rays to increase building energy efficiency.Green Workshops and other inspiring activities on Public Day to promote a green lifestyleThe last day of the Expo (17 December) will be open to the public for free, with the aim of inspiring individuals to adopt a green lifestyle. The day will offer a series of environmental protection seminars, including ones led by the Environmental Protection Department, 'Reduce Disposable Plastic Tableware at Source' and 'Sharing of the Latest Policies of Environment and Ecology Bureau', as well as a 'Climate Change - Its Causes and Effects' session organised by the Hong Kong Observatory. Green Workshops like 'Pearl Bracelet Workshop', 'DIY Toy Workshop', 'Build Your Own Water Filter STEM Workshop' and immersive activities including virtual reality (VR) experiences, will be held to encourage the public to practise green living and reduce waste proactively.Website: www.ecoexpoasia.comHKTDC Media Room: http://mediaroom.hktdc.comPhoto download link: https://bit.ly/3Wiqsp0About 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 Twitter @hktdc and LinkedIn.Media enquiriesPlease contact the HKTDC's Communications and Public Affairs Department:Clementine Cheung, Tel: +852 2584 4514, Email: clementine.hm.cheung@hktdc.orgEric Wong, Tel: +852 2584 4575, Email: eric.ks.wong@hktdc.org Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Startups rapidly emerging from Central Japan – local entrepreneurs explain why

Central Japan, Dec 2, 2022 - (JCN Newswire via SEAPRWire.com) - Central Japan, the region in which the new anime-themed park famous for its sci-fi fantasy machines and vehicles debuted earlier last month, is quickly becoming the homeland of startups paving the way towards the future of mobility. Earlier this week, the Japan External Trade Organization (JETRO), together with the Central Japan Startup Ecosystem Consortium, organized a tour to show the media how this lesser-known part of Japan, compared to Tokyo, Osaka or Kyoto, was rapidly giving birth to local entrepreneurs - as the result of education, collaboration, and homegrown determination. The century-old industry and network of suppliers in Aichi, Nagoya and Hamamatsu is also opening up to collaborate with startups from all corners of the world.1. EducationYukiko Konishi, vice director of the Startup Promotion Office at Nagoya University, or NU, explained how rival universities in the Central Japan region started to join forces to form the Tokai Network for Global Leading Innovation Platform (Tongali) in 2015. Today, 18 universities stand behind a vision to "cultivate human capital that creates and delivers value leading to the future and enriching people, society, and earth" through entrepreneurship education. In 2020, over 4000 high school students to scholars and graduates participated in Tongali's educational events and programs. As a Tongali co-founder and Startup consortium member, she noted NU was a staple in the outcome of this endeavor. 67 entrepreneurs (as of November 2022) who took flight from NU including Optimind, a Forbes 30 Under 30 Asia 2020, and Acompany, a Forbes 30 Under 30 Japan 2021.Three NU startups shared their stories. Deep-tech startup Tier IV's chief strategy officer, Ko Miyoshi, explained their world's first open-source software for autonomous driving, which runs on multiple platforms and provides full-stack solutions for the commercialization of intelligent vehicles. Called Autoware, its the equivalent of "Intel inside" for autonomous driving, adopted by over 500 companies across the globe. Toyota's battery-electric shuttle buses and Robo Taxi also partner with TIER IV, while Taiwanese manufacturer Foxconn has agreed to a joint development project for autonomous personal cars with a precondition of Autoware in future EV platforms.On the Delivery Robot front, we turned the spotlight on Dr. Jude Nwadiuto from Nigeria, a postdoctoral fellow at Nagoya University. Receiving a Ph.D. in autonomous driving and robotics from Nagoya University, the founder and CEO of Fainzy Technologies demonstrated how the warm and cute-looking Mira X and ZiBot models were more seriously gun-ho than meets the eye, going beyond just delivering the payload. Mira X's artificial intelligence (AI) can avoid getting stuck by predicting its path and detecting when food is taken, with a 3D Holographic fan for advertising quality. And ZiBot can make highly accurate decisions from AI-based demand forecast data collected through 360-degree environment sensing.Another lab-born startup, PotStill's demonstration was a fine blend of technology and psychology. PotStill was established in August 2020 to develop a "driver agent that promotes the improvement of driving behavior", and elemental technology for reducing accidents of elderly drivers based on human interaction research. PotStill director Takahiro Tanaka Ph.D., a designated professor at the Institute of Innovation for Future Society at NU, took participants on a test drive with an adorable 8-inch-tall robot alerting for speeding or stop signs in a relatively narrow residential area.2. CollaborationThe City of Nagoya's Innovation Department stressed Central Japan's startup ecosystem provides everything a startup needs. On top of the local government's generous support, the region has everything from startup hubs and venture finance to business matching sessions with highly trained workers in many specialized fields, such as mobility. Representatives from Aichi prefecture and Japan's largest incubation hub-to-be, STATION Ai, added that "the region invites entrepreneurs and capitalists from all corners to facilitate state-of-the-art open innovation by infusing new ideas with local craftsmanship." Participants witnessed a few examples:Home-grown startup SkyDrive's Hiroyuki Murai, chief strategy officer, showed renderings of their new SD-05 two-seater flying car scheduled to fly at the 2025 World EXPO. His team comprises industry specialists from diverse backgrounds, including Bombardier and BAE Systems. But he also stressed that they would not have come this far without the partner ecosystem supporting them in mass production, flight control, charging facilities, parts procurement, leasing, and port architecture.Koji Ishizuka, senior director of the Electrification Systems Business Group at DENSO, praised Urban Air Mobility (UAM) startups for accelerating technological advances, which would take far longer with larger established enterprises. Ishizuka described how their alliance with Honeywell led them to develop a propulsion solution for German air taxi startup Lilium's All-Electric Jet. DENSO and Honeywell have global project teams in Japan, the EU, and the United States, to expand their Electric Propulsion Unit supply for a growing UAM market demand.In addition to the collaborative nature of the local business community, Dr. Yoshihiro Takiguchi, president of The Graduate School for the Creation of New Photonics Industries (GPI), described how the city's location, landscape, and climate, made it a microcosm of the nation. "The unique environment, combined with close ties between academia, industry, government, and finance, makes the region a perfect testing ground for startups, regardless of where they are headquartered," added Hamamatsu City officials.3. DeterminationAnother recurring theme participants heard throughout the tour was "social purpose." Shunsuke Toya, CEO of ProDrone, explained how a flying mini-truck concept was the answer to their aspiration to solve societal challenges such as aging or inaccessible communities, maritime disasters, and terrorist attacks. Their belief led them to develop a variety of industrial drones specially designed for goods delivery, sea & air integration, long-range heavy-duty, and surveillance. Earlier this year, they partnered with a pharmacy chain to deliver medicines to remote areas of Japan. However, they are determined to go further with a macho-drone that can carry a payload of 50 kilograms over a distance of 50 kilometers.eve autonomy, founded by Yamaha Motor and TIER IV, is an automated cargo transportation service for factories. Given the shrinking population in Japan, balancing human labor reduction and the safety of the plants is a pressing issue. Business development manager Iwakazu Nishikawa described how their award-winning products outperform conventional AGVs, which had difficulties operating between multiple buildings. Before the joint venture, AGVs, or Automated Guided Vehicles, could neither cope with congested traffic on-premise, maneuver irregularities such as ditches/manholes or slopes nor divert from a fixed guided route.Director Haruyoshi Toyoda, Hamamatsu Photonics Central Research Laboratory, and his team demonstrated what the microscopic photonic sensing technologies embedded deep inside various daily products do. Autonomous driving would not be without the technology used in high-resolution Light Detection and Ranging (LiDAR). It is a remote sensing technology that measures distance by irradiating laser light on objects and catching the light reflected with a photosensor. Furthermore, the team said, "we are committed to continuously improving the performance of our lasers and sensors because it is a vital ingredient to achieve fully autonomous driving."Participants also learned that the element of sound (or noise) was an unsung hero in driving safety. The operating officer of Yamaha Corporation, Electronic Devices Division, Nobukazu Toba explained how their longstanding expertise in acoustic research is being applied to Electric Vehicles (EVs) available today. EVs are silent. However, noise helps pedestrians know that a vehicle is approaching. Likewise, an accelerating sound helps drivers recognize speed. He also indicated that the company is in discussions with a Finnish startup to equip cars with warning sound signals (ie. bells and whistles in the driver's seat) coupled with vibrating features to discriminate from which direction the danger originates. "Acoustics and vibration have a lot in common."Keiko Ihara, a Japanese race car driver, and first female driver to stand on the FIA World Endurance Championship (WEC) podium in 2014, founded Future Inc. two years ago to save her hometown's economy from deteriorating because of the pandemic. The series of carbon-neutral, maximum efficiency, lightweight e-bikes she designed takes many of its cues from racing cars. But her ultimate goal is to create a mobility-sharing service connected to a regional online portal of e-commerce, delivery, clinics, internet banking, and govt services. The grand vision of this new business model will not only revive local resorts and tourist spots, as she initially sought, but may even transform petrol stations into evolving community centers where people come together."The funds raised by startups in Japan are small compared to other parts of the world," noted Ihara in her talk. However, she cited Prime Minister Kishida positioning 2022 as the first year for actively fostering the founding of startups. "I believe clusters and pockets of communities all over Japan will start to connect to form an even bigger network of ecosystems. Because," she humbly added, "there is only so much you can do alone."About the Central Japan Startup EcosystemThere are 371 startups in Central Japan, of which 150 are university-launched. An estimated 18.615 billion yen (as of July 2022) of funds have been raised, in addition to accelerator programs, financial support systems, and innovative university seeds. Collaborative partnerships with Station F, INSEAD, BLOCK71, Paris&Co, Bpifrance, Venture Cafe, Plug and Play, Israel Innovation Authority, Tsinghua University, China Medical University, National University of Singapore, The University of Texas at Austin, Stanford University, North Carolina State University, University of Nebraska and the Indian Institute of Technology Hyderabad attract a diverse range of entrepreneurs to the region. For more information, please visit https://central-startup.jp/en.Scheduled to open in 2024, STATION Ai will be a world-first, top-notch global innovation center. The center will provide a one-stop, one-loop link to world-class startup support programs through liaison with leading-edge startup support bodies and universities. Please visit https://www.aichi-startup.jp/english/support/.About the Central Japan regionIn July 2020, Aichi prefecture, the City of Nagoya, and Hamamatsu City of Shizuoka became one of the four regional Startup Ecosystem Global Base Cities groups designated nationwide by the cabinet office. The GDP of this region is 44,093.2 billion yen (as of 2019), mainly attributed to key industries such as Automotive, Aerospace, Machine Tools, Production Machinery, Iron and Steel, Musical Instruments, and Photonics/Electronics. The region's mission is to positively impact society by bringing the future of mobility to our doorsteps as soon as possible. The 6,731 km2 area is currently home to 8.29 million people, out of which over 300 thousand are foreign nationals - and will be a home-from-home for entrepreneurs and startups who share the same will and passion. In addition, various chill-out activities such as surfing, hiking, camping, paragliding, and ski/snowboarding are easily accessible. At the same time, seasonal marathon events and Formula One races are also hosted in adjacent cities. Furthermore, the American Chamber of Commerce, Tokai Japan Canada Society, Chubu Walkathon & International Charity Festival, and Nagoya Vegan Gourmet Festival are opportunities to meet like-minded locals. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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Eleven Experts from Leading Medical Institutions and Eight Experts from Eisai Publish Full Results of Lecanemab Phase 3 Confirmatory Clarity Ad Study for Early Alzheimer’s Disease in the New England Journal of Medicine

TOKYO, Nov 30, 2022 - (JCN Newswire via SEAPRWire.com) - Eisai Co., Ltd. and Biogen Inc. announced today that the results from Eisai's large global Phase 3 confirmatory Clarity AD clinical study of lecanemab (development code: BAN2401), an investigational anti-amyloid beta (Abeta) protofibril antibody for the treatment of mild cognitive impairment (MCI) due to Alzheimer's disease (AD) and mild AD (collectively known as early AD) with confirmed presence of amyloid pathology in the brain, were published in the New England Journal of Medicine, one of the world's most prestigious peer-reviewed medical journals. For the details of the paper, please refer to: www.nejm.org/doi/full/10.1056/NEJMoa2212948.The rapid publication of the Clarity AD study results demonstrates Eisai's strong commitment to trust and transparency based on Eisai's human health care mission. Eisai and Biogen remain committed to disclosing data and information on lecanemab. If approved, we will work to bring the drug expeditiously to people living with early AD and their families.Eisai serves as the lead of lecanemab development and regulatory submissions globally with both Eisai and Biogen co-commercializing and co-promoting the product and Eisai having final decision-making authority.This release discusses investigational uses of an agent in development and is not intended to convey conclusions about efficacy or safety. There is no guarantee that such an investigational agent will successfully gain health authority approval.For more information, visit www.eisai.com/news/2022/pdf/enews202284pdf.pdf. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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Bintai Kinden Awarded RM39 Million Project from TNB

PETALING JAYA, Malaysia, Nov 25, 2022 - (ACN Newswire via SEAPRWire.com) - Bintai Kinden Corporation Berhad (Bursa: BINTAI, 6998), a mechanical and electrical (M&E) engineering services specialist, is pleased to announce that the Company's wholly-owned subsidiary, Kejuruteraan Bintai Kindenko Sdn Bhd (KBK), has been awarded a project worth RM39.0 million for the installation of a 132kV underground cable double circuit from Tenaga Nasional Berhad (TNB).En. Azri Azerai, Executive Director of Bintai KindenThe project's scope of work involves installing a new 132kV XLPE cable system from the PMU Financial Centre to the GDS Data Centre Substation located in Nusajaya, Johor. The new XLPE cable comprises two circuits, and three phases, with one cable of 1600mm2 copper per phase.KBK, a specialist in M&E engineering services, has 319 days from commencement to complete the project.En. Azri Azerai, Executive Director of Bintai Kinden said, "The Company continues to make progress in seeking more projects leveraging on its expertise and experience in M&E engineering services including design, installation and commissioning. This latest project award from TNB reflects the opportunities stemming from the growth momentum in the economy.""We are also committed to growing our range of expertise and are constantly looking to diversify as we transform to become a conglomerate through investing in unique and niche businesses with huge earnings accretive potential."Past TNB projects in which Bintai Kinden has been involved in include the 132kV Kuchai Lama switching station, 132kV MRT Bukit Serdang switching station, 132kV single-circuit underground cable from PMU Galloway to PMU KLCC2 and, 132kV bulk supply connection to KTMB Sentul feeder station.Bintai Kinden Corporation Berhad: 6998 [BURSA: BKC], http://bintai.com.my/ Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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EC Healthcare Announces FY2022/23 Interim Results, Revenue Increased 31.1% YoY Mainly Driven by Medical Services

HONG KONG, Nov 24, 2022 - (ACN Newswire via SEAPRWire.com) - EC Healthcare (the "Company", which together with its subsidiaries is referred to as the "Group", SEHK stock code: 2138), the largest non-hospital medical group in Hong Kong, announces today its unaudited interim results for the six months ended 30 September 2022 (the "Period").Business Highlight -- Total revenue increased by 31.1% YoY to HK$1,893.2 million-- Revenue from medical services segment rose by 47.5% YoY to HK$1,174.8 million, boosting its revenue contribution to 62.1%-- Revenue from aesthetic medical and beauty and wellness services segment decreased by 2.0% YoY to HK$607.4 million, accounted for approximately 32.1% of total revenue-- Driven by previous acquired veterinary business, revenue from other services increased by 301.9% YoY to HK$111.0 million, represents 5.8% of the total revenue-- Organic revenue(1) increased by 22.8% YoY to HK$1,773.7 million, accounting for 93.7% of the total-- EBITDA during the period was HK$269.9 million-- Net profit after tax for during the period was HK$105.2 million-- Basic earnings per share during the period amounted to 6.8 HK cents-- The Board declared an interim dividend of 5.8 HK cents per Share, representing a payout ratio of 85.3%, which will be payable in cash-- As at 30 September 2022, the total valuation of the Group's M&A transactions executed was HK$219.3 million, spanning medical specialty services, veterinary and health screening services, which further strengthened the Group's medical services layout.-- The Group's suite of medical services spans 35 specialties and disciplines, and the number of full-time and exclusive registered practitioners has increased to 293-- The Group has maintained premium service quality with 99.98%(6) of customers' satisfaction rate-- The contribution from existing customers accounted for 71.6%(3,7) to the Group's total revenue. -- Customer loyalty remained high with repurchase purchase rate of 93.7%(4,7).-- Total number of service points increased to 154, total gross floor area ("GFA") increased by 24.1% YoY to approximately 557,000 sq. ftDuring the Period, the Group stayed resilient in the face of multiple challenges, including global economic downturn, absence of medical tourism amidst prolonged travel restrictions, weak local retail sentiment and business disruptions caused by the fluctuation of COVID-19. Thanks to robust demand on the Group's medical services and its diversified business strategy, the Group was still able to increase its medical market share, diversifying its scope of services, and bolstering its leading position in the healthcare sector as Hong Kong's largest non-hospital medical service provider. The demand for medical services provided by the Group remains strong, and the Group able to increase its market share during the period. During the Reporting Period, sales volume increased by 18.3% year-on-year ("YoY") to HK$1,812.4 million. Revenue increased by 31.1% YoY to HK$1,893.2 million. Organic revenue(1) of the Group increased by 22.8% YoY to HK$1,773.7 million, accounting for 93.7% of the total driven by effective sales strategy. The total valuation of the Group's M&A transaction executed during the Period was HK$219.3 million, spanning medical specialty services, veterinary and health screening services, further strengthening the Group's client-centric services layout. Nevertheless, the Group's net profit after tax for during the period decreased by 46.3% YoY to HK$105.2 million. Net profit margin was under pressure and decreased by 8.0 percentage point to 5.6% due to the Compulsory Closure of the Group's beauty and wellness businesses in Hong Kong and Macau as well as business disruption in Mainland China from COVID-19. Increasingly fierce competitive landscape, rising cost structure from inflation, temporary low operation leverage of the newly established service points from previous financial year and increase depreciation and amortization expenses incurred from the newly acquired medical assets undermined the Group's profitability during the Period. In addition, the capital expenditures expended on organic expansions of our new medical facilities are yet to commence services to generate income within the period. As a result, the net profit attributable to equity shareholders of the Company was HK$80.0 million. Basic earnings per share was 6.8 HK cents, compared to 14.2 HK cents for the same period last year.With excellent customer service provided by the professional teams, the Group had built a loyal customer base through our enclosed ecosystem over the years. During the Period, the number of unique customers steadily increased to 122,883(2,7) and the contribution from existing customers accounted for 71.6%(3,7) to the Group's total revenue. Customer loyalty remained high with repurchase purchase rate of 93.7%(4,7). Driven by the synergies created by the Group's enclosed healthcare ecosystem, over 28.1%(5) of its customers had made purchases across its various brands in the Period. Meanwhile, the Group maintained premium service quality with 99.98%(6) of customers' satisfaction rate. The number of service points increased through organic expansion and acquisitions. As at 30 September 2022, the Group had a total number of 154 service points comprising 134 in Hong Kong, 4 in Macau and 16 in Mainland China with the total aggregate GFA increased by 24.1% YoY to approximately 557,000 sq. ft. Out of the net increase of approximately 108,000 sq. ft. compared to first half of FY22, approximately 69.1% came from medical business and approximately 22.8% came from aesthetic medical and beauty and wellness services business respectively. The Group's suite of medical services spans 35 specialties and disciplines, and the headcount of full-time and exclusive registered practitioners has increased to 293.Strong growth in medical segmentMedical segment being the essential needs and continued to be the key growth driver. The Group continued to gain market share in the healthcare services industry through both organic expansion and M&A growth. Revenue from the Group's medical services segment rose by 47.5% YoY to HK$1,174.8 million, boosting its revenue contribution to 62.1%, of which organic expansion and M&A completed during first half of FY23 accounted for approximately 90.8% and 9.2% respectively. Organic growth was driven by surged demand, effective sales strategy and rising healthcare sentiment. During the Period, the total valuation of acquisitions executed in medical segment was HK$175.1 million. Mild decline in aesthetic medical & beauty and wellness services segmentDuring the Period, revenue contributed by aesthetic medical and beauty and wellness services decreased by 2.0% YoY to HK$607.4 million, accounted for approximately 32.1% of total revenue. Revenue from Hong Kong recorded a mile decline of 5.4% YoY to HK$460.7 million due to 20 days of Compulsory Closure in April 2022 and followed by a gradual recovery from pent-up demand. Mainland aesthetics market facing business disruption caused by COVID. During the Period, revenue from Mainland China increased by 12.6% YoY to HK$89.8 million despite an average of 26 days, 10 days and 122 days of business disruption in Shenzhen, Guangzhou and Shanghai, respectively. Revenue from Macau increased marginally 7.7% YoY to HK$56.8 million due to an average of 31 days of Compulsory Closure.Booming growth in others segmentDuring the Period, revenue from other services increased by 301.9% YoY to HK$111.0 million, representing 5.8% of the total revenue, primarily attributable to the M&A expansion into the veterinary sector. Mr. Eddy Tang, Chairman, Executive Director and Chief Executive Officer of EC Healthcare said, "While Hong Kong local consumption gradually recovers, benefitting from the Hong Kong Government's pandemic policy stance towards "Normalization" with lifting off quarantine for inbound travelers, the recessionary market backdrop could still pose headwinds to our businesses. Yet, we believe that the medical market remains lucrative and public-private partnership will continue to increase Hong Kong's private medical spending in the long run. As part of our accretive acquisition strategy, we will continue to diversify within the medical and beauty sectors with acquired brands that are complementary and add value to our core business in order to build a one-stop healthcare and wellness platform to expand customer's lifetime value. We will also expand the strategic partnerships with key players in technology, telecom, insurance, property, and pharmaceutical industries to form our healthcare ecosystem. We have been striving to improve our operational excellence by enhancing corporate structure and management capability, optimizing our resources with priorities through digital transformation. The Group will continue to enhance its talent's productivity and loyalty through the unique "Co-Owner" and "Servant Leadership" company culture."About EC Healthcare EC Healthcare is Hong Kong's largest non-hospital medical service provider*, leveraging its core businesses of preventive and precision medicine, and committed to developing medical artificial intelligence by integrating its multi-disciplinary medical services. The move, which is supported by the Group's high-end branding and quality customer services, is aimed at offering customers safe and effective healthcare and medical services with professionalism. The Group is a constituent stock of the Hang Seng Composite Index and the MSCI Hong Kong Small Cap Index.The Group principally engages in the provision of one-stop medical and health care services in Greater China. The Group provides a full range of services and products under its well-known brands, including those of its one-stop aesthetic medical solutions provider DR REBORN which has ranked first in Hong Kong by sales for years, a professional hair care center HAIR FOREST, primary care clinics jointly established with health management centre re:HEALTH, a vaccine centre Hong Kong Professional Vaccine HKPV, General outpatient clinic Tencent Doctorwork, the largest one-stop pain management centre in Hong Kong New York Medical Group, the comprehensive dental centres Bayley & Jackson Dental Surgeons, EC DENTAL CARE and Health and Care Dental Clinic, an advanced diagnostic and imaging centre HKAI, an oncology treatment centre reVIVE, a day procedure centre HKMED, a specialty clinic PREMIER MEDICAL CENTRE, SPECIALISTS CENTRAL and NEW MEDICAL CENTER, a paediatric centre PRIME CARE, a gynaecology specialist ZENITH MEDICAL CENTER AND PRENATAL DIAGNOSIS CENTRE, PathLab Medical Laboratories, Ophthalmology Center VIVID EYE and EC Veterinary Hospital and Imaging Center.*According to independent research conducted by Frost and Sullivan in terms of revenue in 2020 and 2021Note:1 Total revenue minus revenue recognized from the newly acquired assets during period. 2. Based on revenue for the year.3. Revenue contribution by existing customers to the total revenue for the period4. Annualise revenue from old customers during the reporting period, divided by FY22 total revenue.5. Number of customers who purchased services from more than one brand for the period divided by total number of customers for the period. Based on data from internal system, include data from 31 brands6. 100% minus the percentage of material unfavorable feedback of total revenue for the period7. Based on data from internal system, include data from 39 brands For further information, please contact: iPR Ogilvy Limited Callis Lau / Lorraine Luk / Tim Tin Tel: (852) 2136 6952 / 2169 0467 / 3920 7654 Fax: (852) 3170 6606 Email: ech@iprogilvy.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Eisai to Present Full Findings from Lecanemab Confirmatory Phase 3 Clinical Trial (Clarity AD) and Other Alzheimer’s Disease Research at The 15th Clinical Trials on Alzheimer’s Disease (CTAD) Conference

TOKYO, Nov 21, 2022 - (JCN Newswire via SEAPRWire.com) - Eisai Co., Ltd. will present the efficacy, safety and biomarker findings from the company's Phase 3 confirmatory Clarity AD clinical trial for lecanemab (development code: BAN2401), an investigational anti-amyloid beta (Abeta) protofibril antibody for the potential treatment of mild cognitive impairment (MCI) due to Alzheimer's disease (AD) and mild AD (collectively known as early AD) with confirmed presence of amyloid pathology in the brain, at the 15th Clinical Trials on Alzheimer's Disease (CTAD) conference. At the meeting, which will be held in San Francisco, CA and virtually from November 29 to December 2, Eisai and esteemed faculty will present the full data in a scientific session on the first day of the meeting (November 29 at 4:50 p.m. PT). Additionally, other important research from the lecanemab clinical development program and Eisai's AD pipeline, including the company's investigational anti-microtubule binding region (MTBR) tau antibody (E2814), will be presented in four oral and ten poster presentations.Topline results from Clarity AD were announced in late September and showed that lecanemab met the primary endpoint and all key secondary endpoints with highly statistically significant results, and the profile of Amyloid-Related Imaging Abnormalities (ARIA) incidence was within expectations.Key Eisai Lecanemab CTAD Presentations- Clarity AD: Full results from the Phase 3 confirmatory Clarity AD clinical trial of lecanemab in patients with early AD will be presented in a scientific session on November 29 at 4:50 p.m. PT. Eisai will host a live webcast of presentations in the session and can be viewed live on the investors section of the Eisai Co., Ltd. website.- Abeta Protofibrils Binding Properties: Research studying the characterization of Aβ protofibrils and theunique binding properties and mechanisms of Aβ clearance of lecanemab (Poster #P029)- AHEAD 3-45 Study:o An evaluation of tau PET screening data from the Phase 3 AHEAD 3-45 study of lecanemab for associations with plasma p-tau217 and cognitive testing (Late Breaker Oral #LB1)o A study exploring increased accuracy of amyloid PET prediction in preclinical AD using plasma levels for Abeta42/40 and p-tau217 ratios from the Phase 3 screening data from the AHEAD 3-45 study (Late Breaker Oral #LB2)"Based on the Clarity AD results, the investigational anti-amyloid beta protofibril antibody lecanemab has the potential to make a clinically meaningful difference for people living with the early stages of Alzheimer's disease and their families by slowing cognitive and functional decline," said Lynn Kramer, M.D., Chief Clinical Officer, Alzheimer's Disease and Brain Health at Eisai Co., Ltd. "Eisai is excited to share the results of the company's confirmatory Phase 3 Clarity AD clinical study at CTAD and present important data exploring lecanemab's potential efficacy, safety and use in a variety of early AD patient sub-populations."Eisai aims to file for traditional approval in the U.S. and for marketing authorization applications in Japan and Europe by the end of Eisai's FY2022, which ends March 31, 2023. In July 2022, the U.S. Food and Drug Administration (FDA) accepted Eisai's Biologics License Application (BLA) for lecanemab under the accelerated approval pathway and granted it Priority Review. The Prescription Drug User Fee Act (PDUFA) action date is January 6, 2023. The FDA has agreed that the results of Clarity AD can serve as the confirmatory study to verify the clinical benefit of lecanemab. In an effort to secure traditional FDA approval for lecanemab as soon as possible, Eisai submitted the BLA through the FDA's Accelerated Approval Pathway so that the agency could complete its review of all lecanemab data with the exception of the data from the confirmatory Clarity AD study. In March 2022, Eisai began submitting application data, with the exception of Clarity AD data, to Japan's Pharmaceuticals and Medical Devices Agency (PMDA) under the prior assessment consultation system, with the aim of obtaining early approval for lecanemab so that people living with early AD may have access to the therapy as soon as possible.For more information, visit www.eisai.com/news/2022/pdf/enews202279pdf.pdf. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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Go From Crypto Curious to Confident With Just One Book, Say Authors

NEW YORK, N.Y., Nov 18, 2022 - (ACN Newswire via SEAPRWire.com) - As cryptocurrencies continue to dominate the news, more and more people are interested in hearing the 'real deal' from veteran insiders. However, many don't know where to start, especially when experts are using unfamiliar terms like "altcoin," "Web3," and other jargon.Experienced investors in the crypto market want to level the playing field and pave the way for new investors. Such is the case for Mike Kimelman and Charlie Shrem, co-authors of the new book Mastering the Basics of Bitcoin and Crypto: Go from Crypto Curious to Crypto Confident With Just One Book.The book promises to be a revolution in the way the typical reader sees and talks about cryptocurrencies. Both authors are highly respected minds in the crypto field with over a decade of experience. By sharing their knowledge, they aim to help the average consumer become more familiar with Bitcoin, other cryptocurrencies, and the emerging world of Web3 as a whole.This is a service that Kimelman and Shrem have been providing for years. Their company Dekryption provides consultations to elite level businesses about how they can implement blockchain technology into their business, and how they can use the crypto market to turn a profit. They've helped big names in the business world integrate crypto and other new tech into their business strategies, as well as healthcare companies and not-for-profit organizations.As Dekryption assures visitors to their website, "With our team of ex-Wall Street and crypto experts, we help firms expertly navigate the Age of Disruption by providing cutting edge strategic advice, capital, marketing and other solutions." This includes consultations on digital assets like Bitcoin and other cryptocurrencies.Now, through their new book, they're sharing that knowledge with the rest of the world. Kimelman and Shrem want to eliminate the mystery that surrounds the world of crypto for outsiders. Their book is a plain English guide through all the jargon and complex terminology that plagues online conversations, cutting through the tech speak and delivering real results. As one reviewer noted, "This is the quintessential 'Bitcoin for Boomers' guide."If you've ever wanted to take your first steps toward investing in crypto, or if you're a long-time investor who wants to learn more about the industry and how you can profit from it, Mastering the Basics promises to be an invaluable tool to add to your arsenal.Mastering the Basics of Bitcoin and Crypto (ISBN: 9798509444623) can be purchased through retailers worldwide, including Barnes and Noble and Amazon. The paperback retails for $9.99 and the ebook retails for $6.99. Learn more at www.getbitcoinbasics.com.About the authors:Mike Kimelman is a bestselling author, entrepreneur, and expert on disruptive innovation. Formerly an M&A lawyer and the founder of a New York-based hedge fund, he currently is a co-founder at Dekryption Labs (www.dekryption.com/) - a Web3 consulting agency focused on blockchain architecture and development services. He also offers radical financial coaching on money, markets & investing through his Alpha360 (www.truealpha360.com) trainings.Charlie Shrem is a well-known American entrepreneur and bitcoin advocate; he co-founded now-defunct start-up company BitInstant and is also a founding member of the Bitcoin Foundation. He is the host of the top-ranked crypto podcast, Untold Stories. Follow Charlie on Twitter at https://twitter.com/CharlieShrem. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Ando Experiences Remarkable Growth Spurt in Indonesia with aCommerce Strategy and Services

BANGKOK, Nov 17, 2022 - (ACN Newswire via SEAPRWire.com) - In today's ecommerce landscape, brands and retailers are expected to have a multi-channel presence in key platforms - from marketplaces, social media,direct-to-consumer channels and more.A flurry of simultaneous activities is required to capture and engage with audiences in today's e-commerce landscape - from employing influencers, producing live streams, launching flash sales, or competing in mega-day sales, the e-commerce market is saturated with opportunities.The challenge most brands are facing, however, is not knowing which platforms are best suited for their brands and managing large-scale operations, eventually taking their focus from business growth.Ando, a popular brand of sandals and casual shoes for men, women, and children established in the '90s in Indonesia, had built a reputation over the years for stylish, quality, and affordable products to become a local favorite, was on the lookout for a reliable, experienced e-commerce partner.A Trusted and Reliable PartnerWith the aim of scaling its business through ecommerce, Ando partnered with aCommerce Indonesia to create its online stores in major marketplaces: Shopee, Lazada, Tokopedia, Tiktok, and direct-to-consumer. "We were looking for a reliable and trusted partner. aCommerce, with its current extensive regional experience and reputation, was able to show us a clear path to scalability," said Sherly Yulianita, ANDO's Online Sales Head.With this partnership, aCommerce is now responsible for a wide range of ecommerce services to get Ando to achieve its goals. One innovative initiative of the service is producing and broadcasting live-streaming videos for Ando on Shopee."It's our pleasure to work with great partners such as ANDO. We are collaborating tightly on various tasks such as marketplace management, fulfillment, customer services, and warehousing, and it's been a pleasure to see the results, partnership, and level of sync" said Antonius Adang, Chief Executive Officer of aCommerce Indonesia.Expanding Ando's Playing FieldAs a groundbreaking ecommerce marketing tool, live streaming has gained popularity in recent years due to its more engaging and authentic format, done in real-time. Combining video technology, entertainment, and retail, live streaming enables brands to communicate and connect with target audiences at a deeper level while monetizing live content.As the largest end-to-end ecommerce enabler in Southeast Asia, aCommerce offers professional broadcasting and live streaming services from our studios at aCommerce HQ. From formulating the right strategy for your brand to creating a detailed communication plan, sourcing influencers and hosts for the broadcast, or using our in-house broadcasters, our aTeam offers the full spectrum of services to connect businesses with 370 million internet users in Southeast Asia."aCommerce helps us to focus on designing and developing our products, while they handle our store operations," Sherly added. "Allowing our customers to have an incredible shopping experience from Ando's official store."The partnership also leverages TikTok's wide market coverage across the region. For the official inauguration of Ando's TikTok store in December 2021, aCommerce supported the company during a live stream where several successful campaigns, including the 'Buy 1 Get 3 Pairs' and 'Buy Shoes Get Nokia Phone.'Demonstrated ResultsSince the store's soft launch on TikTok, Ando was able to rake in impressive earnings. Across Ando's online stores in other marketplaces, aCommerce's strategic initiatives have already shown remarkable results.Campaign revenues have posted double-digit growth every month, the biggest ones from the 7.7, 9.9, 11.11, and 12.12 mega sale days. Meanwhile, business-as-usual (BAU) days have substantially increased in revenues, while overall sales have more than tripled.Aside from the Tiktok Shop launch in December 2021, other significant milestones that Ando achieved with the help of eCommerce's strategic efforts include- Improvement of order fulfillment- Maintenance of customer and after-sales service excellence- Maintenance of good inventory levels- Initiation of two new campaigns to boost sales: -- Free Gimmick Campaign-- Free Random Mystery BoxMoving forward, Ando intends to expand to another key local marketplace BliBli with support from aCommerce."The future looks promising," said Ms.Yulianita as the company witnesses and achieves overall growth on the path toward long-term success. "Both parties strive to grow. Many campaigns and strategies worked extremely well," added Mr. Adang.aCommerce (SET: ACOM) revolutionized e-commerce enablement with a cutting-edge platform & technology stack, EcommerceIQ, and proprietary software, including innovative omnichannel management software. aCommerce drives brands to achieve e-commerce goals with high-performance digital marketing, online store development & management, data & analytics, customer care, fulfillment & delivery services. Visit https://acommerce.asia.Released for aCommerce Group by MT Multimedia Co LtdWasana Wongsiri (Jiab), T: +66 84 359 0659, E: wasana.w@mtmultimedia.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Kingsoft Announces 2022 Third Quarter Results

HONG KONG, Nov 15, 2022 - (ACN Newswire via SEAPRWire.com) - Kingsoft Corporation Limited ("Kingsoft" or the "Company"; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its unaudited quarterly results for the three months ended 30 September 2022 ("period under review").During the period under review, the revenue of Kingsoft increased 22% year-on-year and kept flat quarter-on-quarter to RMB1,837.1 million. Revenue from the office software and services, and the online games and others represented 55% and 45%, respectively, of total revenue. Gross profit increased 18% year-on-year to RMB1,466.2 million. Operating profit before share-based compensation costs increased 10% year-on-year to RMB395.3 million.Mr. Jun LEI, Chairman of Kingsoft, commented, "The Group adheres to technological empowerment, with a focus on developing core products and technologies. During the quarter, our core businesses demonstrated strong resilience. Leveraging its accumulated experience and strengths in products and technologies development, Kingsoft Office Group continued to pursue the strategy of 'multi-screen, cloud, content, artificial intelligence ("AI") and collaboration' and improve its products and services solutions, aiming to increase user stickiness for cloud and collaboration office scenarios. Regarding our online games business, we have adhered to the strategy of premium games and focused on the long-term development of core games."Mr. Tao ZOU, Chief Executive Officer of Kingsoft, added, "During the third quarter, our total revenue reached RMB1,837.1 million, up 22% year-on-year. Driven by the continued growth of individual and institutional subscription businesses, revenue from office software and services business reached RMB1,004.7 million, up 25% year-on-year.BUSINESS REVIEW Office Software and ServicesFor the third quarter of 2022, revenue from the office software and services business increased 25% year-on-year and 9% quarter-on-quarter to RMB1,004.7 million. The year-on-year increase was mainly due to the continued growth of Kingsoft Office Group's individual and institutional subscription businesses. In the third quarter, with a growing individual user base, Kingsoft Office Group strived to increase user engagement and stickiness and the proportion of long-term paying users by enhancing cloud services, enriching product portfolio and improving user experience. Kingsoft Office Group has dedicated itself to improving application performance for the government and enterprise subscription business by working on user efficiency, data management, information security and industry application scenarios in order to cater to the need of users which has led to a growing penetration of the enterprise-level product, Kingsoft Digital Office Platform. As for the institutional licensing business, our products continued to gain acceptance by increasing demand for domestic office software from government and enterprises, partially offset the high base for the same period last year and slower localization progress this year. Recently, we launched the official document version of WPS for the government users. Developed upon the professional version of WPS, it offers industry-leading functions such as official document work mode, a variety of official document templates, and document conversion to optimize document work efficiency of government users.Online Games and OthersRevenue from the online games and others business for the third quarter of 2022 increased 18% year-on-year to RMB832.4 million. The year-on-year increase was mainly due to the successful launch of several mobile games in the fourth quarter of 2021.During the review period, we continued to refine the core IP, enrich the content and enhance product quality through technological innovation aiming to bring players a better gaming experience. We celebrated the 13th anniversary of the flagship JX Online III PC game in August and launched Heng Dao Duan Lang, the anniversary expansion pack and a new section Dao Zong for the JX Online III PC game in October. The third season of JX Online III: Chivalrous Shen Jianxin, an animation series based on the JX Online III was released on Bilibili in July and was welcomed by gamers. The rating of the animation series on Bilibili reached a record high and the influence of JX IP has been further enhanced. In August, we launched the open beta across all platforms and a new expansion pack for JX World III in China. The launch has further enhanced user engagement and reached a broader player base laying a solid foundation for our long-term development."Mr. Jun LEI concluded, "Looking ahead, we will maintain our investment in R&D, further enhance the user experience for our 'cloud and collaboration' office services and expand new game genres. We will continue to focus on technology innovation and product upgrades and enhance competitiveness and efficiency, aiming for the long-term sustainable development of the Group."About Kingsoft Corporation LimitedKingsoft is a leading software and Internet services company based in China listed on the stock exchange of Hong Kong. It has three main subsidiaries including Kingsoft Office, Seasun and Kingsoft Shiyou. Following the implementation of its "mobile internet transformation" strategy, Kingsoft has completed the comprehensive transformation of its overall business and management models, and formed a strategic platform with office software and interactive entertainment as the pillars and cloud services and AI as the new directions. The Company has more than 7,000 staff around the world and enjoys a large market share in China. For more information, please visit http://www.kingsoft.com.Kingsoft Investor Relations:Francie Lu Tel: (86) 10 6292 7777 Email: ir@kingsoft.comFor further queries, please contact Hill+Knowlton Strategies Asia:Ovina Zhu Tel: (852) 2894 6315 Email: kingsoft@hkstrategies.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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InaVac gets emergency approval from BPOM

Surabaya, East Java, Indonesia, Nov 14, 2022 - (ACN Newswire via SEAPRWire.com) - The Food and Drug Supervisory Agency (BPOM) has issued emergency use authorization (EUA) for InaVac, a COVID-19 vaccine developed by researchers from Airlangga University (Unair).InaVac, COVID-19 vaccine, is developed by the University of Airlangga in Surabaya, East Java Province. (ANTARA/HO-BPBRIN Unair)"InaVac has obtained emergency use authorization from BPOM and will be mass-produced," the rector of Unair, Prof. Moh. Nasih, said on the sidelines of the campus' dies natalis (anniversary) on Wednesday.The vaccine, which can be used to prevent a COVID-19 infection, has been made using an inactivated virus, which means, a virus that cannot reproduce and cause disease.InaVac has been approved for use as a primary vaccine for people aged 18 and above for boosting immunity levels.According to Nasih, the vaccine was developed as part of an effort by the university to significantly contribute to and impact the health sector.Following the provision of EUA from BPOM, he expressed his gratitude to various stakeholders that have supported the development of the vaccine."Thank you to the Ministry of Health for providing support in the form of large amounts of funding; the provincial government has also provided extraordinary support," he remarked."Dr. Soetomo Hospital has also been very supportive. Equally important has been the role of Unair researchers who worked hard for this," he added.Former state-owned enterprises minister Dahlan Iskan also expressed his pleasure over the completion of the domestically-made COVID-19 vaccine."I am happy because Unair has processed this vaccine to completion. How this vaccine was successfully launched, how to find people who want to undergo the vaccine. Finding people who are willing to be clinically tested is extremely difficult but Unair managed to finish it," he said.It is hoped that after InaVac, more vaccines will be produced through continued research and development so that they can answer future challenges and problems.Unair is currently developing a booster vaccine and a COVID-19 vaccine for children."The news about vaccines has been very encouraging; hopefully, later booster vaccines and children can be produced," he said.For further information, please visit: https://www.unair.ac.id/Written by: Abdul Hakim, Yashinta Difa, Editor: Fardah Assegaf (c) ANTARA 2022 Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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