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Honda to Make Organizational Changes (Effective April 1, 2023) to Further Accelerate Electrification Business and Realize New Value Creation

TOKYO, Jan 24, 2023 - (JCN Newswire via SEAPRWire.com) - Honda Motor Co., Ltd. today announced that the company will make organizational and operational changes, effective April 1, 2023, as it continues working toward the fulfillment of its vision to serve people worldwide with the "joy of expanding their life's potential" in the areas of mobility and people's daily lives.With this year's changes, Honda will further solidify the direction of the organizational changes made last year with an eye toward the realization of carbon neutrality by 2050. Specifically, Honda will strive to further accelerate its electrification business and create new value by leveraging its broad and expanding range of mobility products and services.Key points of the organizational changes1) Creation of Electrification Business Development Operations2) Reorganization of Regional Operations3) Reorganization of Corporate FunctionsDetails of the organizational changes1) Creation of Electrification Business Development OperationsBased on the Business Development Operations established April last year to strengthen electrification business, the Electrification Business Development Operations will be newly created. This operation will consolidate the business strategy and BEV product development functions of automobile business and electrification-related strategy and development functions of motorcycle and power products businesses to further strengthen and accelerate Honda?s electrification business.2) Reorganization of Regional OperationsThe current six regional operations will be consolidated into three regional operations -- North America, China and Associated Regions.The new Regional Operations (Associated Regions) will combine four current regional operations, namely Japan, Asia & Oceania, South America and the Europe, Africa and the Middle East Region. With this change, Honda will execute electrification strategies and strengthen operations for each region based on its global strategy.3) Reorganization of Corporate FunctionsThe Corporate Strategy Operations and Corporate Administration Operations will be newly created. The Corporate Strategy Operations will further strengthen Honda?s initiatives in formulating, executing and communicating its corporate strategies toward new value creation, and the Corporate Administration Operations will pursue the total optimization of corporate resources, which is aligned with corporate strategy.By further accelerating the series of initiatives Honda has been taking to transform itself through electrification and new value creation, Honda strives to remain and become even more recognized as ?a company society wants to exist? in the electrified era. Copyright 2023 JCN Newswire. All rights reserved. (via SEAPRWire)

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InvesTech Holdings Launches Virsical MetaFM, an Integrated Operations and Management Solution for Corporate Equipment and Facilities

HONG KONG, Nov 11, 2022 - (ACN Newswire via SEAPRWire.com) - InvesTech Holdings Limited ("InvesTech Holdings"; together with its subsidiaries, "the Group"; stock code: 1087.HK), a leading integrated smart-IT solutions provider in China, is pleased to announce that Wafer Systems Limited ("Wafer Systems"), a subsidiary of the Group that owns the flagship smart-office software product Virsical, recently launched Virsical MetaFM ("MetaFM"), an integrated operations and management solution for corporate equipment and facilities in commercial real estates and smart buildings. MetaFM outperforms traditional management models and empowers the digital transformation of building operations, maintenance and management.Developed by Wafer Systems, MetaFM is a smart operations management system which is based on the operation, maintenance and management of equipment and facilities in buildings. With input from business interactions and feedback from clients, Wafer Systems has carried out an iterative programme of upgrades to the system. Serving operational goals in areas including security, environmental cleaning and customer service, the system helps optimise the operation, maintenance and management of facilities throughout the full life cycle of buildings. MetaFM offers comprehensive functions, including modules to handle assets and equipment, service centres, order management, preventive maintenance and management, patrol management, inventory management, supplier management, contract management, energy and data management, safe production and emergency planning. As a newly launched smart facility management platform, MetaFM has appealing characteristics, namely comprehensive functional modules, flexible applications, well-established templates, user-friendly interfaces, and a well-designed overall structure, optimising facility management practices. As a solution specifically designed for the operations and maintenance of buildings and properties, MetaFM adopts Wafer Systems' original platform structure while permitting development in new directions for building space management. Leveraging its powerful back-end self-configuration function, the system helps building operators to make accurate decisions on project operations, maintenance and management. The system also significantly reduces facility operations and maintenance costs, lowers potential risks relating to equipment operations, increases transparency in facility management, and maximises the efficiency of facility operations and maintenance. MetaFM can be applied in a diverse range of scenarios, providing a comprehensive smart space management solution for commercial properties, campuses and corporate offices. MetaSpace, as a platform empowered by spatial digital twins, mainly facilitates information technology/operational technology (IT/OT) integration. MetaWork, an application platform specifically designed for enterprise digital administrative tasks, mainly supports enterprise employees and visitors, and serves administrative management functions. MetaView, a platform that features visualisation and analysis tools for enterprise digital data, serves as an enterprise management control panel and interactive screen. MetaSpace, MetaWork and MetaView complement one another in terms of functionality, forming a complete loop to provide high-quality, one-stop services for enterprises.Mr. Ringo Chan, Chairman of InvesTech Holdings, said: "Equipment and facilities play a notably important role in enterprises' production processes and business operations, making the management of equipment and facilities one of the most important aspects of enterprise management. With immense experience in the smart-office sector and experience of serving numerous Fortune 500 clients, we notice that companies are faced with problems in such areas as asset management, operating costs and procedure management. We therefore hope that our newly launched MetaFM can help enterprises overcome different challenges in the operation, maintenance and management of equipment and facilities. Leveraging the most advanced solutions, we have set a new industry standard for facility management, providing more customers with convenient smart-office space and improving overall operations management standards and work efficiency.""The Group has successfully launched the Meta series of smart-building management solutions, which can be deployed in a wide range of scenarios, providing powerful, comprehensive solutions that support enterprises in fields including employee health, user experience, collaborative efficiency, low-carbon and energy-saving operations, corporate sustainability, and environmental, social and governance (ESG) practices. Further, the Group has developed close strategic partnerships with ecosystem partners in the industry, which are leading cloud service and network providers such as Microsoft, Lark, Huawei and Cisco. Looking ahead, leveraging our strong product ecosystem alongside our research and development capabilities, we will continue to develop and optimise solutions to offer our customers one-stop smart-space solutions and facilitate enterprises' digital transformation," Mr. Chan said. About InvesTech Holdings LimitedInvesTech Holdings Limited (stock code: 1087.HK) was listed on the main board of the Hong Kong Stock Exchange in 2010. As a leading integrated smart IT solutions provider with more than 30 years of experience in the IT industry, the Group is engaged principally in IT infrastructure systems integration and the smart-office software solutions businesses. The Group has a strong presence in China, with more than 10 offices nationwide and a research and development centre in Xi'an.Website: http://www.investech-holdings.com/ Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Filing of Society Pass (Nasdaq: SOPA) Form 8-K/A in Connection of Acquisitions of AdActive Media CA, Inc and Thoughtful Thailand Ltd; Acquired Subsidiaries Recognised 2021 Revenues of US$5.6 million

SINGAPORE, Sep 19, 2022 - (ACN Newswire via SEAPRWire.com) - Society Pass Incorporated (Nasdaq: SOPA) ("SoPa" or the "Company"), Southeast Asia's ("SEA") leading data-driven loyalty and e-commerce ecosystem, today announces the filing of Form 8-K/A with the Securities and Exchange Commission ("SEC") in connection of acquisitions of AdActive Media CA, Inc (the "CA Sub") and Thoughtful Thailand Ltd (the "Thailand Sub"), (the Thailand Sub and the CA Sub comprise the "Acquired Subsidiaries").Click Here (on SEC website) to view the Form 8-K/A filing.https://www.sec.gov/ix?doc=/Archives/edgar/data/0001817511/000160706222000581/sopa091222form8ka.htm Summary Points:- On 07 July 2022, SoPa, through its wholly-owned subsidiary, Thoughtful Media Group Incorporated ("Thoughtful Media" or "TMG"), a Nevada corporation, a Thailand-based, a social commerce-focused, premium digital video Multi-Platform Network ("MPN")/social media influencer advertising platform, acquired from AdActive Media Group, Inc., a Delaware corporation, (i) all of the outstanding capital stock of the CA Sub, and (ii) 99.75% of all of the outstanding capital stock of the Thailand Sub.- Integrating the Acquired Subsidiaries onto its platform, TMG is a social commerce-focused, premium digital video MPN/social media influencer advertising platform headquartered in Thailand with an operating presence in the US, Vietnam, and Philippines. TMG expects to expand to Indonesia and Singapore in 4Q 2022.- The combined 1Q 2022 revenues and loss from operations from the Acquired Subsidiaries totaled $1,312,986 and $84,582, respectively.- The combined 1Q 2021 revenues and loss from operations from the Acquired Subsidiaries totaled $1,265,053 and $114,032, respectively.- The combined 2021 revenues and loss from operations from the Acquired Subsidiaries totaled $5,655,795 and $1,173,022, respectively.- The combined 2020 revenues and loss from operations from the Acquired Subsidiaries totaled $5,928,800 and $899,933, respectively.About Society Pass IncFounded in 2018 as a digitally-focused loyalty and data marketing ecosystem in the fast-growing markets of Vietnam, Indonesia, Philippines, Singapore and Thailand, which account for more than 80% of the SEA population, and with offices located in Angeles, Bangkok, Hanoi, Ho Chi Minh City, Jakarta, Manila, and Singapore, SoPa is an acquisition-focused e-commerce holding company operating 6 interconnected verticals (loyalty, digital media, travel, telecoms, lifestyle, and F&B), which seamlessly connects millions of registered consumers and hundreds of thousands of registered merchants/brands across multiple product and service categories throughout SEA.Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021. SOPA shares were added to the Russell 2000 index in December 2021.SoPa acquires fast growing e-commerce companies and expands its user base across a robust product and service ecosystem. SoPa integrates these complementary businesses through its Society Pass loyalty platform and circulation of its universal loyalty points or Society Points, which has entered beta testing and is expected to launch broadly at the beginning of 2023. Society Pass loyalty program members earn and redeem Society Points and receive personalised promotions based on SoPa's data capabilities and understanding of consumer shopping behaviour. SoPa has amassed more than 3.3 million registered consumers and over 205,000 registered merchants and brands. It has invested 2+ years building proprietary IT architecture to effectively scale and support its consumers, merchants, and acquisitions.Society Pass leverages technology to tailor a more personalised experience for customers in the purchase journey and to transform the entire retail value chain in SEA. SoPa operates Thoughtful Media Group, a Thailand-based, a social commerce-focused, premium digital video multi-platform network; NusaTrip, a leading Indonesia-based Online Travel Agency; Gorilla Networks, a Singapore-based, web3-enabled mobile blockchain network operator; Leflair.com, Vietnam's leading lifestyle e-commerce platform; Pushkart.ph, a popular grocery delivery company in Philippines; Handycart.vn, a leading online restaurant delivery service based in Vietnam; and Mangan, a leading local restaurant delivery service in Philippines. For more information, please check out: http://thesocietypass.com/.Cautionary Note Concerning Forward-Looking StatementsThis press release may include "forward-looking statements," within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as "anticipate", "believe", "estimate", "expect", "intend" and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company's management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company's filings with the SEC. All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and prospectus relating to the Company's initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.Media Contacts:PRecious Communicationssopa@preciouscomms.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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MHI and Mitsubishi Logisnext to Commence Provision of Automated Picking Solutions for Warehouses Based on “∑SynX”

TOKYO, Sep 1, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) and Mitsubishi Logisnext Co., Ltd., part of MHI Group, have completed development of an automated picking system. This system integrates automated guided forklifts (AGFs), automated guided vehicles (AGVs) and palletizers(1). "LogiQ X Labo", a demonstration facility for this new logistics solution, has also opened at Yokohama Hardtech Hub (YHH), a co-creation space operated by MHI in Yokohama. Tours of the demonstration facility will be open to customers from October, to support their consideration of adopting automation and reducing manual labor within their warehouses."LogiQ X Labo", a demonstration facility at YHHUntil now, picking operations in warehouses have depended on workers pursuing efficiency through intense concentration. The newly developed picking system introduces automation and intelligence into the picking process through application of MHI's "∑SynX" (Sigma Synx) solution(2) concept currently under development. Customized application developed in-house together with an integrated control system enable efficient coordination of multiple AGFs, AGVs and palletizers. This results in fewer picking and transfer operations, optimized picking processing, and higher throughput.By automating and introducing intelligence into picking operations conventionally performed by numerous workers, the new solution helps to alleviate current shortages of logistics operators, frees workers from the arduous labor of picking heavy items, and contributes to reducing human error.Because the new solution does not require any large-scale floor construction or modifications, it can be adopted for today's increasingly prevalent multi-tenant warehouses, and can also respond to sudden changes in customer requirements.Mitsubishi Logisnext is scheduled to demonstrate how the system feeds stock pallets and delivers palletized pallets using an automated picking system comprising an AGF and AGV at Logis-Tech Tokyo 2022(3), to be held at Tokyo Big Sight commencing September 13.In the future, MHI and Mitsubishi Logisnext will continue applying the full complement of MHI Group's capabilities to the development of advanced products, including automated warehousing and shipment systems enabled by ∑SynX, providing optimal solutions to the diverse challenges facing the distribution industry.(1) A palletizer is a device that performs automated placement and stacking of products on pallets.(2) ∑SynX is MHI's standard platform for synchronizing and coordinating various machinery systems. It is a consolidation of digital technologies that enable optimized operation by making machinery systems intelligent.(3) For details, visit: https://www.logis-tech-tokyo.com/ltt/index.htmlMajor Characteristics- Automated picking system centered on AGFsIn this fully automated work system, the AGF supplies items removed from storage shelves to the AGV and palletizer. After picking, finished items are retrieved by AGV and AGF and transferred to storage shelves.- Proposal of optimum equipment configuration through logistics simulation prior to system adoptionDistribution flow is simulated prior to system installation based on the customer's historical picking data. A proposal is made of the optimal equipment configuration and layout to satisfy the customer's needs.- Optimal equipment coordination through adoption of MHI's integrated control systemAGFs, AGVs and palletizers are coordinated efficiently through use of MHI's integrated control system. The adoption of optimized logic responds to needs using the minimal number of palletizing operations.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. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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Think RevOps Aligns and Optimizes Business Revenue Engines to Maximize Potential Growth

London, UK, Aug 30, 2022 - (ACN Newswire via SEAPRWire.com) - Think RevOps is pleased to announce that its cutting-edge operating model is now helping businesses align and optimize their revenue engines in order to boost potential growth as much as possible.Revenue Operations, or RevOps, is a relatively new term that designates a "system for growing and scaling" a business, according to a company spokesperson.C-Suite leaders and decision-makers are all searching for a savvier way to deliver results and pivot into new opportunities in light of the constantly evolving online customer journey landscape. Their top priority should be implementing RevOps. Businesses can use RevOps as a framework to develop an integrated go-to-market strategy that connects customer success, sales, and marketing from a process and data perspective. Creating a more comprehensive customer experience will be made possible by this, the spokesperson said, adding that it also has a number of cutting-edge features like objective design and data strategy.To learn more about Think RevOps and how it can help tech startups and other companies, please visit https://www.thinkrevops.com/."Think RevOps has built a unique operating model that represents a mix of proprietary knowledge, expertise and delivery framework applied to the B2B Tech Customer Journey. Its aim is to transform broken internal go-to-market processes into repeatable, data-driven journeys."For B2B tech companies and their Go-To-Market teams, Think RevOps is the insourced team. Think RevOps can be useful to many business owners, the spokesperson claimed that a tech or SaaS (Series A to Series E) startup or scale-up is the ideal client.About Catherine Mandungu / Think RevOps:Catherine Mandungu is the Founder and CEO of Think RevOps, a leader in the Revenue Operations business focusing on Tech Startups in the B2B sector. Mandungu is a pioneer of the RevOps' customer journey, helping to centralize the organization. She has experience in commercial operations at leading companies including Microsoft, Adobe, and Hootsuite.Visit their site at https://www.thinkrevops.com/ to find out how RevOps can assist with a company's growth goals.Media Contact:Michael Hallinfo@thinkrevops.comTel: +1 737 263 0263Source:Plato Data Intelligence: https://platodata.ai Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Top CX Visionaries to Gather at World CX Summit and Rebuild India’s Technological Ecosystem with CX

TOKYO, Apr 22, 2022 - (ACN Newswire via SEAPRWire.com) - As companies are emerging stronger from the Covid-19 pandemic, the need is to adapt to the changes in their business functions caused by a once-in-a-lifetime crisis. The way a company interacts with its clients has undergone substantial transformation leading them to seek innovations that can adapt to the current scenario.World CX Summit is an In-Person event taking place at Taj Lands End in Mumbai on 27 April 2022. The summit is hosting top Indian CX leaders and global experts, to explore the latest trends and address the most pressing challenges in the current CX ecosystem.Alongside World CX Summit, Trescon is introducing 'World CX Awards', in a bid to honour top-notch CX professionals across industry sectors in the country, who have revolutionized the CX landscape."When you serve stated needs of customers, you meet expectations. When you go beyond and serve unstated needs, you exceed expectations," states KV Dipu, Senior President - Head Operations & Customer Service at Bajaj Allianz General Insurance, and one of the speaker at World CX Summit.Dharmender Narang, SVP - Chief CX Officer, at IIFL Securities stated, "Today, companies can regularly, and seamlessly collect customer interaction data from across financial, and operations systems, yielding deep insights about their customers. Those with an eye toward the future are boosting their data and analytics capabilities and harnessing predictive insights to connect more closely with their customers, anticipate behaviors, and identify CX issues and opportunities making CX as service differentiator in the industry. These companies can better understand their interactions with customers, even pre-empt problems in customer journeys and help company to improve customer loyalty & long relationship thus improving revenue per customer."World CX Summit will provide a wide spectrum of expert speakers and panelists such as:- Rekha Nair, Chief Customer Experience & Quality Officer, Adani Airport Holdings Ltd.- Neeraj Lal, Chief Operating Officer, Apollo Hospitals- Dharmender Narang, Senior VP, Chief Customer Experience Officer, IIFL Securities- Dharmarajan K, Chief Business Officer, Tata CLiQ- Chaitanya Chokkareddy, CIO, Ozonetel Communications Pvt Ltd- Nishant Shrivastava, Global Head - Centre of Excellence for Unified Communications and Collaborations, TATA Communications- Shradha Thapa, Regional Head - Govt & OTT Partnership, Infobip- Prakash Bharath, Director and Regional Head, Freshworks- KV Dipu, Senior President - Head Operations & Customer Service, Bajaj Allianz General Insurance- Ramakrishna M, Director - Contact Centre, CX and Outsource Operations, CoinSwitch Kuber- Indranil Nath, EVP - Operations, Shiprocket- Nitin Jain, Head of CX (CS&L and Sales) for India & Middle East and Africa, Mondelēz International- Kumud Upadhyay, SVP - Customer Service, Motilal Oswal Financial Services- Hari Shankar Mishra, SVP - CX, Future Generali India Insurance Company Limited- Gaurav Sadana, VP & Head- CX & Central Retention, Bajaj Allianz Life Insurance Company- Suraj Shetty, Head Of CX, Learning & Development, Kissht- Zeenat Mongal, DVP CX, ICICI Lombard- Aalok R Pradhan, Director - Customer Success, CoinDCXThe event will focus on topics such as: Digital Transformation with Customer-First Thinking; Customer Data: Designing for Transparency & Trust; CX Strategies for a Touchless World; Adopting Digital Omnichannel; Future of Chatbots & Virtual Assistants; Rise of the Flexible Workforce; Role of Cybersecurity in Building Customer Trust and much more. "While digital transformation has become a necessity, business leaders must now face a new set of challenges. As businesses plan for long-term sustained growth, the top priorities are speed, agility, customer experience, and culture shift," stated Mithun Shetty - CEO, Trescon.World CX Summit - India is officially sponsored by Lead Partner - Ozonetel Communications; Platinum Partners - Gupshup, TATA Communications, Infobip; Silver Sponsor - Phonon Communications; Gold Partners - UserTesting; Freshworks; Bronze Partner - Haptik, NeoSOFT Tech, Yellow.ai.About TresconTrescon is a global business events and consulting firm that provides a wide range of business services to a diversified client base that includes corporations, governments and individuals. Trescon is specialised in producing highly focused B2B events that connect businesses with opportunities through conferences, road shows, expos, demand generation, investor connect and consulting services.About World CX Summit World CX Summit is a thought-leadership-driven, business-focused, global series of events that takes place in strategic locations across the world. As a part of the global series, the Indian edition will be gathering pre-qualified CX leaders "all under one roof" to discuss how the latest CX technologies and customer insights can be combined to transform CX with a new approachThe summit will also host a combination of insightful sessions, keynotes, case studies and panel discussions sure to deliver actionable insights that attendees can apply to their Customer Experience strategies.For further details about the announcement, please contact:Monith ShettyMedia, PR & Corporate Communications+91 81059 75937media@tresconglobal.com Copyright 2022 ACN Newswire. 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Padini Enters Partnership with XTS and Huawei Malaysia for RM1 Million Investment in Warehouse Automation Solution

KUALA LUMPUR, Mar 17, 2022 - (ACN Newswire via SEAPRWire.com) - XTS Technologies Sdn. Bhd. (XTS), a leading specialist in the design and build of factory automation solutions, and Huawei Technologies (M) Sdn. Bhd. (Huawei), a leading global provider of information and communications technology (ICT) infrastructure and smart devices, has signed a Memorandum of Understanding (MoU) with Padini Dot Com Sdn. Bhd., a subsidiary of Padini Holdings Berhad (Padini, Bursa: Main, 7052) for a warehouse automation solution using automated guided vehicles (AGVs) valued at RM1 million to be delivered within one year of a confirmed order.Top 1st row, R: Mr. Lim Chee Siong, Huawei Malaysia's VP of the Cloud and AI Business; 2nd row, L: Mr. Xteven Teoh, Managing Director of XTS and 3rd row, R: Mr. Andrew Yong, General Manager (Operations) of Padini, at the digital MoU signing ceremony.Padini is a fashion retailer offering two multi-brand labels - Padini Concept Store with eight brands including Padini, Seed, Padini Authentics, PDI, P&Co, Miki, Vincci and Vincci Accessories, and Brands Outlet. Padini is a fashion retailer operating outlets stores in malls across Malaysia as well as Cambodia, Indonesia, Bahrain, Brunei, Myanmar, Oman, Qatar, Thailand and United Arab Emirates.The warehouse automation solution enables Padini to use AGVs of the reach truck type to assist in warehouse inbound and outbound picking of goods from the current manual system in which the reach truck driver needs to search for the required products on pallets from numerous racks in different locations in the warehouse.With AGV reach trucks, data stored within the Huawei cloud storage system enables the automated reach trucks to accurately pinpoint where the goods are for picking, with the reach trucks able to navigate its way automatically in the warehouse.Managing Director of XTS, Xteven Teoh said, "We are proposing through this MoU to design and build the warehouse automation solution using AGVs that can assist and streamline Padini in its warehouse operations. This is also our first warehouse automation solution project utilising AGVs.""The AGVs will replace Padini's two manual reach trucks and two drivers per floor in its warehouse operations. The AGVs will mitigate the risks of human error as time is saved from having to search for the required pallets and there is less risk of goods and other properties being damaged. It is overall more efficient and with consistent outcomes."General Manager (Operation) of Padini, Andrew Yong, said, "The collaboration of this project with Huawei and XTS will certainly be a push to modernize the operations of the warehouse in relations to our push for IR 4.0 adoption in Padini. The scope of this project is a small portion of the operations with minimum units to be deployed in the warehouse. During this trial phase, we hope to achieve a better productivity, efficiency and safety. We hope that this trial will be able to prove better consistency in our warehouse throughput, saving time and maintaining or improving the throughput of our operations and the working environment in our warehouse. We will be looking forward to this collaboration."Huawei Malaysia's Vice President of the Cloud and AI Business, Mr. Lim Chee Siong said, "It is always our goal at Huawei Cloud to dive into digitalisation and to provide Everything as a Service (XaaS). We will continue to innovate with local partners to offer cutting-edge technologies to support customer's digital transformation journey. We are proud to be chosen as the preferred cloud partner by XTS and serving Padini, this collaboration is just the beginning, and we will see more opportunities in future."XTS Technologies: https://www.xtstech.com/Padini Dot Com: https://www.padini.com/Huawei: https://www.huawei.com/en/ Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Toyota Statement on Russian Local Manufacturing and Vehicle Imports

Toyota City, Japan, Mar 3, 2022 - (JCN Newswire via SEAPRWire.com) - Like everyone around the world, Toyota is watching the ongoing developments in Ukraine with great concern for the safety of people of Ukraine and hopes for a safe return to peace as soon as possible.As a company with operations in Ukraine and Russia, our priority in dealing with this crisis is to ensure the safety of all our team members, retailer staff, and supply chain partners.We are also monitoring global developments and will make necessary decisions as required.The business status of Toyota's European operations is as follows:- Toyota in Ukraine (sales and after sales operations; 37 retail locations) has stopped all activities as of 24 February.- Toyota in Russia (sales and after sales operations; 168 retail locations; and one plant in St Petersburg manufacturing RAV4 and Camry models for the Russian market mainly): Toyota Motor Russia will stop production at its St-Petersburg plant from 4 March and has stopped imports of vehicles, until further notice, due to supply chain disruptions.- Other manufacturing and sales operations in the rest of Europe are not impacted.For more information, visit https://global.toyota/en/newsroom/. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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Former Head of Operations of Binance Global Fiat Exchanges becomes COO of BitWell

SINGAPORE, Mar 4, 2021 - (ACN Newswire via SEAPRWire.com) - BitWell has announced that Hsann, the former head of operations of Binance global fiat exchanges, has become COO at BitWell.Hsann established multiple fiat exchanges, such as Binance US / Singapore / Jersey / Korea / Uganda and Tokocrypto, which enable local customers to buy crypto using fiat currency (USD, SGD, EUR, GBP etc.) under the conditions of legal compliance through all above channels with no entry barriers. He was also responsible for operations of the exchanges.BitWell CEO Jeff Young said, "Hsann is a co-founder of BitWell, as the former head of operations of Binance global fiat exchanges, he expanded Binance business globally, significantly enhanced its international visibility. I believe that he will help BitWell grow rapidly and stably with his experiences in this area as BitWell COO."Hsann said, "I appreciate the trust given by the BitWell team, as a co-founder, I am really pleased to work with Jeff again. I believe we are definitely able to build BitWell into a world-leading derivatives exchange together with our fantastic team."About HsannHsann is the co-founder and COO of BitWell. He worked with Binance as a head of operations for fiat exchanges and has launched multiple fiat exchanges. Before Binance, he worked at Flextrade, a FX trading platform serving leading financial banks and asset management funds. Flextrade's high-performance system was trusted by many industry leaders.Prior to Flextrade, he worked in IBM and Toshiba as a developer and project manager to develop device drivers for IBM retail store solutions to serve world-leading retail clients such as Walmart, Starbucks and others. Hsann obtained the Master of Science in Embedded Systems from Nanyang Technological University, Singapore and Master of Business Administration (Finance) from National University of Singapore.About BitWellLaunched on 6/4/2020, BitWell is a global crypto derivatives exchange based in Singapore. It supports spot and option trading and expects to support futures trading soon. https://www.bitwellex.com.Media contact:Luke, operation@bitwellex.com, BitWell Technology Limited. Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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Honda Cars India Realigns Production Operations, To Focus on Sustainable Business Efficiency

New Delhi, India, Dec 24, 2020 - (JCN Newswire) - Honda Cars India Ltd. (HCIL) has announced the realignment of its manufacturing operations with the goal of improving business efficiency. To maintain sustainability of operations by leveraging production & supply chain efficiencies, HCIL has decided to consolidate the manufacturing operations for vehicles and components at its Tapukara plant in Rajasthan with immediate effect for all domestic sales and exports.The company has stopped the production in Greater Noida plant. However, all Head Office functions, India R&D Centre and Spare Parts operations (including warehouse) for Automobile, Two Wheeler and Power Product business will continue to operate from Greater Noida.Gaku Nakanishi, President & CEO, Honda Cars India said, "Despite an uptick in sales in the last three months, the current market conditions remain unpredictable for the industry at large. The impact of COVID-19 has pressed us to strengthen our constitution, and to achieve the same, HCIL has decided to consolidate its manufacturing operations by making the Tapukara plant a unified manufacturing base.HCIL continues to believe in the resilience of the Indian economy and hope for a quicker recovery of the market. India is extremely important market in Honda's global strategy and HCIL is committed to bring its latest and advanced technology models including electrified vehicles in future."With resumption of operations after the COVID-19 led lockdown, HCIL successfully ramped-up its daily production volume to pre-covid level from September 2020 and has been consistently witnessing monthly sales growth for the last three months. HCIL sales showed good recovery in the festive period and the company expects to sustain this sales momentum during the coming months. About Tapukara Plant, Distt Alwar, RajasthanHCIL's Tapukara plant spreads over 450 acres with an installed production capacity of 1,80,000 units/annum and is an integrated manufacturing unit including all functions of Forging, Press Shop, Powertrain shop, Weld shop, Paint shop, Plastic Moulding, Engine assembly, Frame assembly, and Engine Testing facility. Tapukara plant is the culmination of best manufacturing know-how and practices gathered from Honda's global operations employing optimum automation, latest equipment and best layout for achieving high quality, best ergonomics, improved operational efficiency and highest level of safety. The plant also focuses greatly on the conservation of the environment and the efficient use of energy & other natural resources.About Honda Cars India Ltd.Honda Cars India Ltd. (HCIL), a leading manufacturer of premium cars in India, was established in December 1995 with a commitment to provide Honda's latest passenger car models and technologies, to the Indian customers. Honda's models are strongly associated with advanced design and technology, apart from their established qualities of durability, reliability, fuel-efficiency and safety. Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com

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Mitsubishi Corporation: Cross-Industry Investment by Seven Enterprises in New TradeWaltz Platform

TOKYO, Oct 27, 2020 - (JCN Newswire) - Seven Japanese enterprises are pleased to announce that they have agreed to jointly invest in TradeWaltz Inc. (TradeWaltz), the company that manages the trade data sharing platform that operated by the same name. Partaking in the investment are NTT DATA Corporation (NTT DATA), Mitsubishi Corporation (MC), Toyota Tsusho Corporation (Toyota Tsusho), Tokio Marine & Nichido Fire Insurance Co., Ltd. (Tokio Marine Nichido), MUFG Bank, Ltd. (MUFG), Kanematsu Corporation (Kanematsu), and Sompo Japan Insurance Inc. (Sompo Japan). TradeWaltz is headquartered in Tokyo's Chiyoda Ward. Its President & CEO is Mr. Hirohisa Kojima.Fig. 1. Conventional communications framework before rollout of TradeWaltzFig. 2. Centralized, cross-Industry management of trading operations following rollout of TradeWaltzTrading operations cover a wide range of products and involve numerous procedures, including documentation, consistency confirmations, and other work that can be costly to perform manually. Furthermore, considering multiple parties engaged in a single transaction, developing a system accurately and safely to share information has been a challenge faced by all industries. A cross-industrial consortium was established in August 2017 to address this challenge. With NTT DATA acting as its secretariat, the consortium worked with various trading companies, banks, insurance companies, shipping companies, and other industry players to examine how digitalize technologies might be used to make trading operations safer and more efficient. After tax reforms prompted a revision of Japan's law on the preservation of electronic tax records and other changes in 2020, the Japanese government also began to actively encourage businesses to make the switch from paper to digital. Based on the results of its discussions among consortium members, NTT DATA began developing the TradeWaltz' platform, which uses blockchain technology to connect trade-related information. Provided that this proves to be a practical system, it should make it possible to digitalize and centrally manage all trading operations, cutting workloads by as much as 50%. Administration, development, and management of the platform is handled by its namesake company TradeWaltz, which was founded in April of this year. The seven aforementioned enterprises that recently agreed to invest in TradeWaltz will be working closely with one another to further develop the platform into a practical and commercially viable business. The first step will be a sequential rollout, whereby it is adopted gradually for different processes with new functions added and other improvements made where necessary. In the future, the TradeWaltz platform can connect government agencies, service providers, and other players both in Japan and abroad who are considering digitalization of documents. All seven investors are confident that its successful rollout can help to promote the digitalization of trading operations, first in the ASEAN region and eventually throughout the world. Dynamic solutions are needed if we hope to eradicate the inefficiencies that have long plagued trading operations. Having made this joint commitment to TradeWaltz, our enterprises shall continue to encourage cross-industry collaborations that are dedicated to finding those solutions. For more information, visit https://www.mitsubishicorp.com/jp/en/pr/archive/2020/html/0000046187.html.Inquiry Recipient:Mitsubishi CorporationTelephone:+81-3-3210-2171Facsimile:+81-3-5252-7705 Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com

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