Explore the Next Era of DevOps at Exito’s DevOps Summit in Dubai

Explore the Next Era of DevOps at Exito’s DevOps Summit in Dubai

DUBAI, UAE, Nov 14, 2024 - (ACN Newswire via SeaPRwire.com) - As Dubai emerges as a leader in AI worldwide, one leading AI development company utilizes AI and ML to develop more customer-friendly support systems. Through NLP (Natural Language Processing is a subfield of artificial intelligence that deals with interaction between computers and human language. It enables machines to read, interpret, and generate human language in a meaningful and useful way), it uses intelligent chatbots and virtual assistants for a business that has resulted in increasing user engagement by 30% and the average time taken to respond to a call is reduced by 40%.These AI-based solutions streamline operations, reducing the cost of running operations by 20%, and enable companies to utilize their resources better. Besides, organizations that adopt predictive analytics record a 25% sales increase due to the ability to tailor services to customer needs, thereby improving service quality and customer satisfaction.These AI innovations extend beyond efficiency in operations; they improve customer relationships and loyalty. After deployment, the firms have seen customer satisfaction increase by 35% accompanied with higher engagement metrics. More complex areas included for integration and issues relating to employee training, but thorough support strategies helped manage this area as well.Overview of the event: The Exito DevOps Summit is an international premier event that unites leaders and professionals to discover the latest innovations in the industry, focusing on best practices in DevOps. The 5th edition, happening at the Shangri-La Dubai on 5th December 2024, is centered around the theme of building the best collaboration across different teams in the workplace, with a strong emphasis on agile delivery, while upholding quality and security. The summit will feature lively debates and discussions on key topics such as infrastructure management, cloud security, and automation of compliance. This event serves as an excellent opportunity for knowledge exchange and networking among enthusiasts and experts in the field. With the global DevOps market projected to grow from USD 10.4 billion in 2023 to USD 25.5 billion by 2028, the summit offers unparalleled insights into the future of DevOps and its evolving impact on the industry.Who will attend?Tamer Hamed, Chief Information Officer, Dubai Cable Company - Ducab.Umesh Moolchandani, Chief Information Officer, Bin Dasmal Group.Manish Agarwal, Chief Information Officer, MH ENTERPRISES LLC.Somnath Sarkar, Executive Vice President - Group Head of Information Security, Mashreq Bank.Anil Shivaram, Head of Cloud and DevSecOps, Noonpayments.The event will cover topics like:The Next Era of DevOps, Exploring the Low code/No Code Phenomenon.Unlocking Success: Constructing Exceptionally effective Teams.Fortifying DevOps: Deploying Advanced Security measure within CI/CD Pipelines.Futuristic DevOps: Driving Innovation with ML & AI for seamless Automation and Proactive Analysis.Leveraging Cloud Native Solutions for improved Scalability,Resilience and Agility in DevOps Practices.Continuous delivery 2.0: Orchestrating Advanced Pipelines for Enterprise- Scale Deployments.For more information on the Exito DevOps Summit, click the: LinkAbout ExitoExito, which means success in Spanish, embodies our commitment to the success of our customers. Each year, we host over 240 virtual and in-person conferences globally, bringing together audiences with world-class thought leaders and C-level executives across industries. Our meticulously crafted agendas, based on extensive research and valuable industry insights, facilitate business, knowledge transfer, deal flow, and impactful messaging for brands.For Media Enquiries, contact:Kasturi Nayak (Sr.) Marketing Executive)Kasturi.nayak@exito-e.comEnquiry@exito-e.comExito Media Concepts Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Disney Dream Reimagined! New Little Mermaid Wedding Ring Collection

Disney Dream Reimagined! New Little Mermaid Wedding Ring Collection

SINGAPORE, Nov 14, 2024 - (ACN Newswire via SeaPRwire.com) - ALUXE, Singapore’s top choice for Disney-inspired wedding jewellery, proudly introduces two new designs in its best-selling Little Mermaid Series. Beloved for blending Disney’s iconic stories with elegant, modern craftsmanship, Wave of Passion and Eternal Waves rings capture the magic of romance with stylish yet enduring designs. Celebrated for their charm and sophistication, these latest creations offer couples a timeless way to mark their love story.This new collection captures the romance of the ocean with wave-inspired designs symbolising endless devotion. Sleek lines and shimmering diamonds evoke a steadfast love, while unique beadwork adds an elegant texture, reflecting moments of eternal affection — an exquisite choice for couples.Wave of Passion Engagement Ring (RSDL007)Wave of PassionHold our lives together with the deep courage of love.Inspired by the timeless rhythm of the ocean, this collection represents the enduring bond of love. The flowing curves and clean lines symbolise the perfect harmony between passion and stability. Each piece is a testament to our dedication to creating timeless jewellery that celebrates your unique love story.Wave of Passion Engagement Ring (RSDL004)This engagement ring features a drop-shaped setting that highlights the centre diamond, symbolising a treasure from the ocean. The band with teardrop accents and small diamonds reflects the eternal shine of love.Wave of Passion Engagement Ring (RSDL007)This engagement ring showcases a centre diamond surrounded by smaller diamonds, amplifying its brilliance and symbolising boundless love. The teardrop-shaped band with beaded edges evokes the steady ripples of the ocean, reflecting enduring devotion.Wave of Passion Women’s Wedding Ring (RGDL004)This wedding band features a wave-inspired curve, symbolising eternal love. The beaded design mirrors soft waves, representing a love that endures. Perfect for stacking with an engagement ring, it enhances the brilliance and elegance of your commitment.Wave of Passion Men’s Wedding Ring (RBDL004)This men’s wedding band features a sleek, straight band symbolising stability. A central diamond with square beading adds depth, while the subtle sparkle reflects enduring love and timeless commitment.Eternal WavesA Love as Deep as the SeaThe Eternal Waves rings, inspired by sparkling waves, feature diamonds, beaded details, and sleek lines. This design symbolizes the steadfast and radiant love between two hearts, reflecting the ocean’s strength and the enduring beauty of true love.Eternal Waves Engagement Ring (RSDL005)This engagement ring features a starfish-inspired setting that magnifies the centre diamond’s brilliance. The band, with its flowing curves and diamond accents, reflects the ocean’s waves, symbolising eternal love and unwavering commitment.Eternal Waves Women’s Wedding Ring (RGDL005)This women's ring boasts a smooth, polished surface with delicate beaded edges. Inspired by infinity, it symbolises boundless love. A beaded halo beneath the central diamond enhances its brilliance, reflecting everlasting commitment and radiant love.Eternal Waves Men’s Wedding Ring (RBDL005)This men’s wedding band features minimalist engraved lines that complement the women’s ring, symbolising infinite love. Its smooth, polished surface mirrors the ocean’s vastness and stability, evoking quiet strength and enduring commitment.The Little Mermaid Jewellery CollectionALUXE also presents a stunning range of jewellery from the Disney collection, featuring earrings, necklaces, and bracelets. Designed to capture the essence of the story with elements like mermaid tails, seashells, and ocean waves, these pieces are perfect for both gifting and personal wear.ALUXE is excited to introduce exclusive Disney-themed ring boxes to accompany its Disney Wedding Ring Collection. These beautifully crafted boxes—featuring character designs, a charming shell shape, and an elegant floral style—are sure to capture the hearts of both Disney fans and newcomers. Available only with the purchase of a matching ring from the collection, these ring boxes are the perfect keepsake to add a touch of Disney magic to your special moment. Don’t miss the chance to own a piece of this enchanting collection!Set to be a standout for 2024, the Little Mermaid Collection is now available worldwide. Celebrate your love with ALUXE and let your love story shine through every exquisite detail.From now until 30th November, enjoy the following exclusive offers:Book an appointment and visit us for a chance to win a $1500 Love Gift.Receive a complimentary jewellery box with every purchase from Disney collection.40% off on IGI Lab-grown diamonds.Platinum Wedding Bands Up to 25% OFF.Spend & Win! Over $10,000 in prizes for all.Starting 14th November, ALUXE expands its offerings with a range of 999 pure gold jewellery, ideal for wedding essentials like the Si Dian Jin set, or as exquisite gift options. To celebrate the launch, the first five customers purchasing a gold set will receive an exclusive ceremonial gift package. Enjoy limited-time offers of $5 off per gram and 15% off workmanship fees. Visit ALUXE to explore this new collection, where tradition meets elegance.Visit any ALUXE store or our official website to book your exclusive experience and immerse yourself in this enchanting celebration of love.www.aluxe.com/sg-en/For Media Queries, Please Contact:Julia Lachica: +65 87487912 // julia@swstrategies.orgChua Sheng Rui: +65 91372102 // shengrui@swstrategies.orgAbout ALUXEALUXE is the first jewellery brand in Taiwan, embodying the perfect combination of happiness and jewellery. Starting as an online retailer, ALUXE's high-quality products and competitive prices gradually garnered more attention, which led to the opening of its first physical store in 2008 to offer even better products and services to customers around the world. ALUXE is currently present in Taiwan and Hong Kong, with Singapore’s flagship store located at ION Orchard and two other doors at the heartland areas.For more information, visit https://www.aluxe.com/sg-en/FB: https://www.facebook.com/aluxe.sgIG: https://www.instagram.com/aluxe_sg/ALUXE LOCATIONSION Orchard2 Orchard Turn, ION Orchard #B2-63, Singapore 238801 Tel: +65 6015 0798Opening Hours: 10:00 - 21:30JEM50 Jurong Gateway Road, JEM #01-55, Singapore 608549Tel: +65 6992 2589Opening Hours: 11:00 - 21:30Tampines 110 Tampines Central 1, Tampines 1 #01-27 & 28, Singapore 529536Tel: +65 6022 1715Opening Hours: 11:00 - 21:30 Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Interview with Spectral’s Sean Brehm on DQLDB the Vogon Cloud

Interview with Spectral’s Sean Brehm on DQLDB the Vogon Cloud

SEATTLE, WA, Nov 12, 2024 - (ACN Newswire via SeaPRwire.com) - Spectral Capital (OTCQB: FCCN), FCCN Spectral Capital's Chairman, Sean Brehm shares insights into Spectral’s DQLDB and The Vogon Cloud. Spectral Capital Group a leading innovator in decentralized cloud technology and advanced quantum ledger solutions outlines its vision for Spectral’s Vogon DQLDB with Plato Data Intelligence's Bryan Feinberg.Bryan Feinberg: Sean, I saw your post on X about Vogon DQLDB and its potential to transform financial systems. You mentioned the importance of human identity at the heart of commercial and capital markets. Can you explain what drives this visionSean Michael Brehm: At the heart of every market transaction is human identity—the sum of each individual’s daily contributions to the commercial world. This goes beyond financial exchanges; it’s about our choices, our interactions, and our values reflected in the economy. Our Vogon DQLDB is built with this central idea: each person's activity—whether buying, selling, or investing—is a piece of a larger narrative. By indexing these contributions using MSCI’s GICS standards, we categorize each transaction into primary, secondary, and tertiary subindustries, which provides a transparent, honest representation of our roles in the market. This kind of system gives people credit for the economic impact they bring.Bryan Feinberg: So, if I understand correctly, Vogon DQLDB is like a giant record-keeper that recognizes each person’s economic actions—whether I buy coffee, invest, or sell a used phone—as meaningful contributions. It tags each action to specific industries, showing that each of us is part of the economic story. Does that mean we’d all have a role in the markets beyond just being consumers Am I understanding that right, SeanSean Michael Brehm: Each transaction you make isn’t just about the money; it’s about showing your unique place and contribution in the economy regardless if you are in Boston or Botswana. By tagging actions to sub industries, we’re essentially writing a story where every participant is an author, making the market more inclusive and giving a clear picture of everyone’s impact. You’re not just a consumer; you’re a contributor to the system’s transparency and stability. Today your data is sold to others that do that and you don’t get any of the credit. Moving forward you remain the custodian of your data, meaning you control how it’s accessed and used within the system.Bryan Feinberg: You mentioned that this indexing could make Vogon DQLDB a modern version of the Buttonwood Agreement, returning transparency to the markets. How does that transparency affect market stability and honestySean Michael Brehm: Our team is passionate about returning global markets to the transparency that the Buttonwood Agreement symbolized back in 1792. Back then, agreements were based on mutual accountability and a shared framework. By indexing each person’s contributions and categorizing transactions transparently, Vogon DQLDB restores a sense of trust. It shows how individual contributions make up the foundation of commercial and capital markets. This visibility helps create a more stable system, where people know their daily actions, large or small, are recorded and valued. It’s a fundamental shift back to the ethos of fair and open markets.Bryan Feinberg: This sounds like a fair trade simplification engine where people could see the full picture, with everyone’s contributions kept out in the open, so it’s clear how they matter. Would this make it harder for anyone to ‘game’ the systemSean Michael Brehm: It is all about fair trade and putting the human identity where it belongs: At the center of commercial and capital markets. Just like in the original Buttonwood Agreement, people would understand how their actions impact the system and trust that they’re being accounted for honestly. By making everything visible, we’re closing loopholes that might allow manipulations, making it easier for everyone to see the real, fair value of their contributions. Additionally, Vogon DQLDB employs advanced data encryption to protect individual data, so each person’s data is secure while remaining visible for regulatory and systemic oversight.Bryan Feinberg: Indexing transactions with the GICS standards is an innovative idea. Can you explain how this process works within DQLDBSean Michael Brehm: When someone makes a transaction, Vogon DQLDB automatically categorizes it according to MSCI’s GICS standards, tagging it to a primary, secondary, and tertiary subindustry. This indexing means that every action—sale, investment, or trade—gets transparently attributed within the market. DQLDB essentially creates a ledger transaction and a transparent, user-owned database organized as coalitions, where the impact of each transaction is visible and accountable. Individuals maintain custodianship over their data, meaning they can access, review, and even limit how this data is used in certain contexts. Their identity is protected by post quantum cryptography. This way, we see exactly where your human effort drives the market and how industries connect to individual and collective activity. It’s a level of granularity in understanding our economic footprint that’s never been possible before and because you remain anonymous, it drives the value of your data up further.Bryan Feinberg: If I buy something, the system tags that purchase based on what industry it falls into—like ‘Food and Drink’ if I buy lunch or ‘Tech’ if I buy a laptop. By tracking all my activities this way, DQLDB builds a clear picture of which industries are thriving or struggling based on my actions. Would it be like a mirror reflecting where I am putting all my money and timeSean Michael Brehm: It’s exactly that—a mirror reflecting our individual and collective choices that drive the economy. It provides an accurate picture of which industries matter most based on individual actions. Plus, it helps both individuals and businesses make informed choices by showing how their economic footprint interacts with market trends.Bryan Feinberg: You’ve talked about Vogon DQLDB supporting regulatory compliance. How does this focus on human identity and transaction visibility play out for financial oversightSean Michael Brehm: With Vogon DQLDB, regulators get a transparent, unbiased view of the market’s structure, right down to individual contributions. Each transaction reflects an identity within its industry, showing patterns that could reveal stability or potential risks. For example, if regulators notice a concentration of activity in specific sectors or a sudden shift in consumer behavior, they can respond proactively. This visibility helps create honest markets where contributions aren’t hidden or obscured but instead provide a stable foundation for economic oversight. We’re also in discussions with financial regulatory bodies to align our approach with industry standards, ensuring Vogon DQLDB can meet compliance requirements globally. It’s about building a fairer market system that operates with each participant's best interests in mind.Bryan Feinberg: The DQLDB essentially lets regulators ‘see’ the entire market more clearly—like a map that shows where all the action is happening and helps them spot risky trends early on. How does this make it easier to keep the market stable and safe for everyoneSean Michael Brehm: Now, with the Vogon DQLDB, regulators have a map to follow the action across sectors and industries in real time. They can react faster to shifts, and this creates a stable environment where everyone’s interests are protected. By enhancing transparency, we’re also limiting opportunities for shady practices to slip through the cracks.Bryan Feinberg: Your post also touched on high-frequency transactions. How does the Vogon DQLDB balance technical efficiency with personal, transparent data representationSean Michael Brehm: Vogon is designed for both speed and integrity. With our epoch-based structuring and VMerkelPairs, it handles high-frequency data while preserving each transaction’s unique identity. Every data entry in the ledger-database is preserved with its industry attribution, creating a clear, real-time trail of our daily economic footprint. This is essential for creating an open, honest system where people see how their actions contribute to the broader economy. Vogon DQLDB doesn’t just record transactions—it reflects them back as part of a shared economic narrative, helping people feel involved while also using energy-efficient processes that reduce its carbon footprint. This way, we support both high transaction speeds and environmental responsibility.Bryan Feinberg: So, the technology is fast enough to handle lots of transactions per second, but it doesn’t lose track of what each transaction actually represents. Is it fair to say that, even though the system processes everything at high speed, it still keeps a ‘personal touch’ by showing the meaning behind each transaction and keeping it secureSean Michael Brehm: Even though it’s fast, DQLDB is about showing how each one of your transactions—or organizational transactions—fits into the bigger picture. It does so security. Every action is recorded in a way that preserves its importance, so we see not just numbers but the real, human impact behind them and how businesses and governments use them responsibly.Bryan Feinberg: Hearing about this focus on human identity, how do you see Vogon DQLDB impacting financial interactions for everyday peopleSean Michael Brehm: At Spectral Capital, we believe it represents a shift from seeing markets as abstract entities to understanding them as a community of individual identities and choices. For the first time, people can see themselves in the market, with their transactions categorized transparently and their contributions valued. This return to transparency and inclusivity builds trust, making financial systems more accessible and relatable. Imagine a world where each person knows their economic role and sees their efforts contributing to market stability. We’re also launching pilot programs in the retail and banking sectors to illustrate this vision, making the market feel less distant and helping people see how their choices influence the system.Bryan Feinberg: I guess another way to look at this is that Vogon DQLDB will help people feel like they really matter in the financial system. Instead of the market being this distant, mysterious thing, we’d all see our own impact, and it would help us feel more involved.Sean Michael Brehm: Yes, don’t you think that the market should reflect each of us, not feel like a faceless machine Instead of your mobile phone data going to large institutions, it remains yours on the Vogon DQLDB brings and it brings your contributions front and center, making people feel connected and giving everyone a meaningful stake in a fair, stable financial future.Bryan Feinberg: Thank you, Sean. This vision of a human-centered market system is both powerful and timely. We look forward to seeing how Vogon DQLDB brings this vision to life.About FCCN Spectral Capital (OTCQB: FCCN)Based in Seattle, Washington, FCCN Spectral Capital is a leading innovator in decentralized cloud solutions, powered by advanced quantum ledger technology. Through Vogon, its flagship edge and hybrid cloud platform, FCCN is committed to delivering scalable, secure, and transformative cloud solutions for global markets. By fostering MSP partnerships worldwide, FCCN is setting new standards in decentralized infrastructure and data security for the future. For more information, please visit Spectral Capital.Media Contact:Plato Data IntelligencePlatoAiStream.comZephyr@platodata.ioForward-Looking StatementsThis press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and FCCN's growth and business strategy. Words such as "expects," "will," "intends," "plans," "believes," "anticipates," "hopes," "estimates," and variations on such words and similar expressions are intended to identify forward-looking statements. Although FCCN believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of FCCN. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in FCCN's business; competitive factors in the market(s) in which FCCN operates; risks associated with operations outside the United States; and other factors listed from time to time in FCCN's filings with the Securities and Exchange Commission. FCCN expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in FCCN's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
APTEXPO 2024 Kicks Off with Key Fashion and Supply Chain Leaders Sparking Innovation on Day One

APTEXPO 2024 Kicks Off with Key Fashion and Supply Chain Leaders Sparking Innovation on Day One

SINGAPORE, Nov 13, 2024 - (ACN Newswire via SeaPRwire.com) - APTEXPO 2024 officially kicked off today at the Marina Bay Sands Expo and Convention Center, marking the start of a groundbreaking three-day event poised to create new opportunities for change in the textiles and apparel value chain.As the global platform that convenes the top decision-makers in textiles, apparel, fashion, and their supply chains, this year's convention promises to be more than a series of panel discussions—it is a much-needed gateway to transforming your business through its exclusive showcase of the latest fashion, supply chain and textiles technologies and projects from the likes of Singapore Fashion Council (SFC) Pavilion and HY Green Technology - which is set to unravel on 14 November.On the first day, Sharon Lim, President of the Singapore Fashion Council (SFC), delivered the welcome speech. She addressed the esteemed guests, fellow speakers, and the audience and commended the organisers for hosting the inaugural Asia-Pacific Textile and Apparel Supply Chain Summit 2024.On APTEXPO 2024, Sharon Lim said, “As the official association for Singapore's textile and fashion industry, SFC partners with various stakeholders throughout the value chain to drive meaningful change across three key pillars: sustainability, innovation and technology, and Asian craftsmanship. Partnerships are essential for building a resilient and agile supply chain today. Such stakeholder collaboration helps mitigate risk, seize new opportunities and foster innovation that benefits us all. APTEXPO 2024 is a great example of this work we are undertaking.”The first day of APTEXPO 2024 also offered attendees the chance to gain the knowledge and insights shared in the opening speeches by Poh Chi Chuan, Executive Director, Exhibitions and Conferences, Singapore Tourism Board; Albert Tan, Chairman, ASEAN Federation of Textile Industries (AFTEX); and Sun Ruizhe, President, China National Textile and Apparel Council (CNTAC). These organisations play an important role in promoting textile and fashion innovation.From Left to Right: (1) Jonas Wand, CEO and Co-Founder, FOURSOURCE, (2) Xu Yingxin, Vice President, China National Textile and Apparel Council (CNTAC), (3) Sharon Lim, President, Singapore Fashion Council, (4) Sun Ruizhe, President, China National Textile and Apparel Council (CNTAC), (5) Albert Tan, Chairman, ASEAN Federation of Textile Industries (AFTEX), (6) Poh Chi Chuan, Executive Director, Exhibition and Conferences Singapore Tourism Board, (8) Peter Liang Pengcheng, President, Sub-Council of Textile Industry, China Council for the Promotion of International Trade (CCPIT TEX).Zhang Tingting, CEO of SFC, moderated a panel discussion that dove into the role of regional collaboration in building a resilient, adaptive and sustainable supply chain, convening on stage high- level executives from Weave, Browzwear, JEANWEST International, Shanghai Challenge Textile Co and the Hong Kong General Chamber of Textiles.Regina Leong, CEO of Trackland Sdn Bhd Group of Companies, Honorary Permanent Secretary General, AFTEX, and President of the Malaysian Textile Manufacturers Association (MTMA), hosted the second panel discussion of the day. The panel featured experts from various organisations, including the Indonesian Textile Association and SEMBCORP. The panellists shared strategies for boosting Asia-Pacific production capabilities and leveraging partnership opportunities in the region’s textile industry.Two plenary sessions also took place on the first day, during which audiences heard from more leaders in the global textiles and apparel segment.The first plenary session addressed global trends and challenges in the textile and garment industry. Christian P. Schindler, Director General of ITMF, discussed current industry challenges, while Dirk Vantyghem of EURATEX covered the EU's role in advancing sustainability. Deepika Rana, COO of Li & Fung, rounded off with insights on supply chain innovation.The second plenary session focused on technology, branding, and sustainability as drivers of supply chain restructuring. Jonas Wand, CEO of FOURSOURCE, shared how AI shapes future value chains, and Chris Govier of Kornit Digital emphasised digital advancements for sustainable growth. Sunny Huang from New Wide Group discussed digital manufacturing solutions, while Henry Tan of Luen Thai Group examined Asia’s market potential.APTEXPO 2024 will continue through 15 October 2024 in Singapore, with an exclusive lineup of industry updates, showcases, and networking sessions to follow.For more information on APTEXPO 2024, please visit ap-texpo.com.Hashtag: #aptexpohttps://ap-texpo.com/https://www.linkedin.com/company/aptexpo-2024https://www.facebook.com/aptexpo2024/About AFTEXASEAN Federation of Textile Industries (AFTEX) was established in 1978 with the objective to promote common trade position and cooperation among textile and apparel industry in ASEAN member countries in line with the objective of the ASEAN Chamber of Commerce and Industry (ASEAN-CCI).Every year, AFTEX hold its regular meetings plus side events on a rotational basis among member countries to discuss concrete issues of significant relevance to the regional growth and development of the textile and apparel industry, ranging from ASEAN trade linkages to workforce development, from trade fairs & investment promotion to sustainability issue, from regional cooperation to broader partnerships, and more.About CNTACChina National Textile and Apparel Council (CNTAC) is a national federation serving China's textile and apparel industry and enterprises. As a non-profit social organisation dedicated to the high-quality development of industry and enterprises, the services of CNTAC cover the entire textile industrial chain including cotton, linen, wool, silk, knitting, man-made fiber, printing and dyeing, filament fabric, home textiles, industrial textiles, clothing and textile machinery.The wide-ranging services involve areas such as R&D, standards setting, technology transfer, application of information technology, environmental protection, sustainability, inspection and testing, new products, fashion designing, branding, social responsibility, intangible heritage, marketing, trade fairs, industrial layout, industrial clusters, overseas investment, international exchanges, industry- finance integration, training programs and publication.About SFCSingapore Fashion Council (SFC) - formerly known as Textile and Fashion Federation (Singapore) is the official association for the textile and fashion industry in Singapore. Embracing a transformative vision, SFC aspires to become a Vibrant Asian Hub for Responsible Fashion.With a focus on three key pillars: Sustainability, Innovation & Technology and Asian Craftsmanship, SFC works closely with diverse partners across the value chain to offer thought leadership, extensive networks, and resources - to drive impactful change throughout the ecosystem.About MP SingaporeThe MP Group (MP) is a global full-service events management, marketing and community engagement company.Established since 1987, MP embodies more than a quarter century of event building, marketing and management experience in both Eastern and Western cultures, practices, and business philosophies. We bring world-class talent, industry expertise, and incredible enthusiasm into the design and management of extraordinary online-to-offline experiences for your organisation.MP is part of Pico Group, a global group of agencies specialising in engaging people, creating experiences and activating brands for businesses, institutions and governments. As part of the Pico group, MP has unlimited access to a wide network of industry contacts and resources. Pico Far East Holdings has been listed on the Hong Kong Stock Exchange since 1992.About CCPIT TEXThe Sub-Council of Textile Industry, China Council for the Promotion of International Trade (CCPIT TEX) was officially established in 1988. Three decades after its establishment, CCPIT TEX has gradually developed into an excellent organiser for professional exhibitions in China's textile and apparel industry.Independently or along with its partners, CCPIT TEX has organised a series of world-renowned exhibitions which cover the entire textile and garment industry both at home and abroad, including but not limited to Intertextile shanghai apparel fabrics, Intertextile shanghai home textiles, ITMA ASIA + CITME and CINTE.About FOURSOURCEFOURSOURCE, is one of the world's largest tech-enabled B2B apparel and textile networks, connecting over 50,000 companies across 120 countries, facilitating the buying and selling of apparel, fabrics, trims, yarns, and home textiles. The network provides professional tools for brands and suppliers to speed-up their cycle time and reduce cost.FOURSOURCE is dedicated to making the industry smarter, safer, more transparent, and sustainable. The company was founded in 2017 and is headquartered in Berlin, Germany, with offices in Portugal, Turkey, Pakistan and China.Media ContactPRecious Communicationsaptexpo@preciouscomms.com Copyright 2024 ACN Newswire via SeaPRwire.com.
More
analytica Vietnam Expands for 2025 with Addition of New Hall

analytica Vietnam Expands for 2025 with Addition of New Hall

HO CHI MINH CITY, VIETNAM, Nov 13, 2024 - (ACN Newswire via SeaPRwire.com) - analytica Vietnam, the largest international exhibition for laboratory technology, analysis, biotechnology, and diagnostics in Vietnam, will hold its 8th edition from April 2 to 4, 2025. The show is set to expand significantly with the addition of Hall A2 at the Saigon Exhibition and Convention Center (SECC), bringing the total exhibition area to 8,000 square meters—nearly doubling the space of the 2023 edition.The expansion is supported by major governmental and scientific organizations, including the Ministry of Science and Technology, National Agency for Science and Technology Information (NASATI), Center for Science and Technology Information (CESTI), Vietnam Association of Testing Laboratories (VINALAB), and VNU University of Science (VNU-HUS), all of which solidify analytica Vietnam's position as Vietnam’s leading platform for advancing laboratory technology and science.Expanded Space and Record Exhibitor LineupFor the first time, Hall A1 reached full capacity six months ahead of the event, driven by strong interest from international exhibitors eager to explore Vietnam’s rapidly growing laboratory and biotechnology markets. The addition of Hall A2 will not only accommodate more exhibitors but also enhance the event’s capacity for networking and knowledge exchange, solidifying analytica Vietnam 2025 as the region’s most comprehensive industry platform.LECO Corporation, a key returning exhibitor, expressed strong support for this expansion:“It is a fantastic idea for expanding the exhibition space for analytica Vietnam 2025. This increased space will provide LECO and our customers with more opportunities to meet, exchange information, and share experiences. Additionally, it will allow LECO to showcase our services and products to a wider range of consumers in a more efficient and visually appealing manner. Expanding analytica Vietnam is essential, and we fully support this initiative.”The upcoming edition is expected to welcome over 350 exhibitors and brands from various countries, including Vietnam, Singapore, Germany, the USA, Switzerland, the Netherlands, Japan, China, Taiwan, Hong Kong, Malaysia, and India. These exhibitors will showcase innovative solutions to more than 6,000 professional visitors from Vietnam and the ASEAN region. Confirmed exhibitors include industry leaders such as ITS Vietnam, DKSH Vietnam, HTI Scientific, Shimadzu, Merck, Anton Paar, FUJIFILM Wako, Waters, Hóa Việt, Kimteco, 2H Instrument, Oriental Giken, Metrohm, LECO, Mettler Toledo, ESCO, Labware, Yamato Scientific, Azenta Life Sciences, METHOD, and Asciotech.Hóa Việt, another returning exhibitor, commented on the expansion:"We’re excited about the additional space, which will allow us to present our latest technology products and core solutions to a broader audience. This expansion is a great opportunity for us to increase our visibility and connect with more customers in Vietnam’s fast-growing laboratory market."Comprehensive Supporting ProgramsBeyond the exhibition, analytica Vietnam 2025 will offer a range of supporting programs to foster meaningful engagement and professional development. These include an Academic Conference featuring thought leaders discussing the latest research and trends in laboratory sciences. The Exhibitor Forum will provide a platform for exhibitors to share insights on industry developments, while a series of seminars will address key challenges and emerging technologies in the laboratory sector. Additionally, a Business Matching Area will facilitate targeted networking opportunities, and the Hosted Buyer Programme will connect high-level decision-makers from Vietnam, Laos, Cambodia, and other ASEAN countries with exhibitors, fostering strategic partnerships.A Vital Platform for Growth and InnovationAs Vietnam’s laboratory market continues its rapid growth, analytica Vietnam 2025 will serve as a critical platform for companies seeking to tap into this burgeoning industry. The expanded exhibition space, coupled with new features and global participation, ensures that this year’s event will be a pivotal moment for professionals in the laboratory, biotechnology, and diagnostic sectors. Attendees can expect unparalleled opportunities to discover the latest innovations, forge international partnerships, and gain insights into market trends. Whether you’re an exhibitor or a visitor, analytica Vietnam 2025 will offer a transformative experience, providing the tools, connections, and knowledge to navigate the future of the industry.For more information, please visit www.analyticavietnam.com or contact our team at analyticavietnam@mmiasia.com.sgAbout analytica Vietnamanalytica Vietnam is the premier trade fair for laboratory technology, analysis, and biotechnology in Southeast Asia. Organized by Messe München, the event brings together industry professionals, researchers, and policymakers to showcase the latest technologies, exchange knowledge, and foster business collaborations. analytica Vietnam features an exhibition, conference, pre-event laboratory tours, buyer-seller programs, and networking opportunities, providing a comprehensive platform for the laboratory and biotechnology industries in the region. The upcoming edition is set to take place from April 2 to 4, 2025 at the SECC – Saigon Exhibition and Convention Center. More details can be found here.About analytica worldwideMesse München is the world’s leading trade fair organizer for laboratory technology, analysis and biotechnology. The international network of exhibitions includes analytica, analytica China, analytica Anacon India & India Lab Expo, analytica Vietnam and analytica Lab Africa. Additional information about these exhibitions and their programs of events is available at www.analytica.de.About MMI Asia Pte LtdEstablished in 1992, MMI Asia is the wholly owned subsidiary and the regional headquarters of Messe München GMBH (MMG) and is one of the world largest and leading exhibition organizers. MMI Asia’s portfolio of events include editions of worldleading trade fairs from Munich – transport logistic & air cargo, analytica, ceramitec; as well as industry-specific events such as Glasstech and Fenestration Asia, Asia Climate Forum, and Singapore International Water Week. MMI Asia also provides consultancy in professional trade fair and conference management to government bodies, international trade and promotion organizations, and trade associations. For more information, please visit www.mmiasia.com.About Messe MünchenAs one of the world’s leading trade fair organizers, Messe München presents the world of tomorrow at its about 90 trade fairs worldwide. These include twelve of the world’s leading trade fairs such as bauma, BAU, IFAT, electronica, and ISPO. Messe München’s portfolio comprises trade fairs for capital and consumer goods, as well as for new technologies. Together with its subsidiaries, it organizes trade fairs in China, India, Brazil, South Africa, Turkey, Singapore, Vietnam, Hong Kong, Thailand, and the U.S. With a network of more than 15 affiliated companies and almost 70 representations worldwide, Messe München is active in more than 130 countries. The more than 150 events held annually attract around 50,000 exhibitors and around three million visitors in Germany and abroad.Exhibition Contact:MMI Asia Pte. Ltd.Daniel ShiExhibition Directordaniel@mmiasia.com.sgPress Contact:MMI Asia Pte. Ltd.Joey NgSenior Exhibition Executivejoey@mmiasia.com.sg Copyright 2024 ACN Newswire via SeaPRwire.com.
More
RCBC Partners With APIwiz to Launch Digital 2.0 Marketplace for Pioneering the Future of Financial Service Distribution

RCBC Partners With APIwiz to Launch Digital 2.0 Marketplace for Pioneering the Future of Financial Service Distribution

SINGAPORE, Nov 13, 2024 - (ACN Newswire via SeaPRwire.com) - Philippines' Rizal Commercial Banking Corporation (RCBC) has announced at the Singapore FinTech Festival its strategic collaboration to pilot its Digital 2.0 Marketplace, which will define the future of digital distribution. Banks can follow a platform approach built around unbundling and re-assembling products and services through Open Platforms. RCBC will become the first bank in Southeast Asia to offer this platform. This groundbreaking marketplace will transform banking services by enabling real-time service creation through automation, providing significant benefits to customers and RCBC's global strategic partners."We aim to make banking and related services accessible to Filipinos worldwide, and our ongoing commitment to innovation will make this a reality. With APIwiz, we can manage and govern our Application Protocol Interface (APIs) in real-time and leverage composable APIs to comply, compete, and collaborate, allowing us to offer a wide range of unprecedented services that customers in this market have never experienced before through platform banking," shared Lito Villanueva, Executive Vice President and Chief Innovation & Inclusion Officer, RCBC.APIs serve as the essential connectors in modern banking while platform banking continues to evolve. Banks should prioritize deploying and integrating service meshes in the short term to facilitate interactions with legacy core banking systems. This approach acts as a gateway for external connections and speeds up integration by exposing well-defined APIs. Over time, banks are expected to transition to microservices-based core platforms, fostering a more scalable and flexible ecosystem."This transition will enable a true platform banking environment streamlining API integration and deployment, accelerating banks' transition to modern, microservices-based platforms for enhanced flexibility and scalability," shared John Alabastro, IT Shared Services Group Head & CTO, RCBC"APIwiz, an end-end API platform, allows enterprises to build, govern, and operate APIs effectively. APIs are the digital glue of modern banking; however, the number of APIs used in banking is growing exponentially, and an API platform is needed to simplify, standardize, centralize, and automate API delivery. Open banking helps create innovative business models. Using APIs, RCBC can transform itself from a business to a platform, multiplying value creation by enabling business ecosystems within and outside the enterprise," shared Darshan Shivashankar, Founder and CEO of APIwiz."Supporting the execution of this strategic partnership is Hungry Workhorse, a Manila-based services company specializing in digital and cultural transformation and a partner of APIwiz. "This collaboration places RCBC as a Filipino company at the forefront of innovation and digital experiences, demonstrating its strong commitment to empowering Filipinos on their financial journey and making it more accessible and easier, no matter where they are," according to Kay Calpo-Lugtu, COO of Hungry Workhorse.About Rizal Commercial Banking CorporationPart of the Yuchengco Group of Companies, Rizal Commercial Banking Corporation (RCBC) is the fifth largest privately owned universal bank in the Philippines, with over Php1.3 trillion in total resources as of June 30, 2024. It is an affiliate of Sumitomo Mitsui Banking Corporation, Japan's second-largest bank.For over 60 years, RCBC has been building a reputation for providing the best customer experience, award-winning digital banking services, and pioneering innovations. Euromoney and Asia Money have recognized it as the Philippines' Best Bank for Digital for five straight years (202020-2024). The Bank offers various banking and financial products and services to cater to diverse customer segments. It provides consumer, commercial, and corporate lending products, deposits and cash management solutions, treasury products, remittance services, and digital banking services.RCBC and its subsidiaries also offer corporate banking, wealth, trust, retail financing (auto, mortgage/housing loans, credit cards, and microfinance loans), remittance, leasing, and securities.About APIwizHeadquartered in California, APIwiz provides a centralized management platform for API operations, enabling the APIOps framework to develop consumable, monetizable APIs and fostering collaboration among business and technical stakeholders. With low-code tools, automation, and embedded governance, APIwiz streamlines the entire API lifecycle-from planning and design to building, managing, testing, securing, and publishing. Its federated gateway capabilities enable seamless integration with any API gateway while offering real-time insights into API usage, performance, compliance, and workflow visualizations without external tools.About Hungry WorkhorseHungry Workhorse is a digital, culture, and customer experience transformation consulting firm that drives transformational growth through innovative, grounded methodologies in strategy, technology, and people.Contact InformationAnurag ShuklaMarketing Manageranurag@apiwiz.com+14084317383SOURCE: APIwiz Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Global Blockchain Show 2024: VAP Group to Host the Ultimate Blockchain Season Finale

Global Blockchain Show 2024: VAP Group to Host the Ultimate Blockchain Season Finale

DUBAI, Nov 13, 2024 - (ACN Newswire via SeaPRwire.com) - The Global Blockchain Show is excited to announce its second edition, set for December 12 and 13, 2024, at the Grand Hyatt Exhibition Centre in Dubai. Organized by Web3 and AI consulting giant VAP Group and powered by Times of Blockchain, this two-day event promises exclusive networking opportunities with the top 1% of the Web3 community, uniting founders, solution providers, experts, and enthusiasts from across the globe.“The upcoming show is designed to be a 16-hour mixer, offering attendees an incredible journey through the evolving world of blockchain technology, alongside the industry’s key players,” said Vishal Parmar, Founder and CEO of VAP Group.An impressive lineup of speakers include:1. H.E. Justin Sun - Founder / Member of the HTX Global Advisory Board, TRON / HTX Global Advisory Board2. Yat Siu - Co-Founder and Chairman, Animoca Brands3. Ahmed Bin Sulayem - Executive Chairman & CEO, Dubai Multi Commodities Centre4. John Lilic - CEO, Telos5. Dr. Marwan Alzarouni - CEO of AI & CEO, Dubai Economy and Tourism & Dubai Blockchain Center6. Rachel Conlan - Global Chief Marketing Officer, Binance7. Jason Allegrante - Chief Legal and Compliance Officer, Fireblocks8. Reeve Collins - Co-Founder and ex-CEO, Tether9. Abdulla Al Dhaheri - CEO, Abu Dhabi Blockchain Center10. Eowyn Chen - CEO, Trust Wallet11. Alicia Kao - Managing Director, KuCoin12. Pierre Samaties - Chief Business Officer, DFINITY13. Vivien Lin - Head of BingX Labs, BingX14. Johnson Yeh - Founder, AmbrusStudio / Former CEO of China, Japan, and Southeast Asia, Riot Games / Godfather of Esports in China15. David Chaum - CEO, XX Network16. Jonathan Bouzanquet - Chief Strategy Officer & Founder, Playa3ULL Games17. Jonas Werner - Founder, C118. David Palmer - Chief Product Officer, Co-founder, Vodafone19. Dr. Sameer Al Ansari - CEO, RAK DAO20. Marcello Mari - Founder & Chief Executive Officer, SingularityDAOThese and other leading figures will provide groundbreaking insights around key themes including digital currency, blockchain regulations, integration of blockchain and AI, trading in Web3, and more.The Global Blockchain Show is co-located with VAP Group’s Global Games Show and the Global AI Show, providing attendees an opportunity to witness an AI-driven future, discover the convergence of AI, Web3 and Blockchain, as well as be a part of an ultimate gaming experience.With over 3,000 Web3 founders, 100+ speakers, 200+ startups and companies, 200+ media representatives and 100+ investors in attendance, Global Blockchain Show’s Ultimate Blockchain Season Finale is set to be the grand finale of blockchain events this year. It will provide unparalleled networking opportunities and insights with some of the most influential voices, making it the ultimate destination for those eager to stay ahead of the curve in the blockchain landscape.Tickets for the show can be purchased from https://www.globalblockchainshow.com/tickets/.About VAP GroupVAP Group, established in 2013, is a Blockchain and AI consulting giant as well as a leading force in Web3 and AI solutions, offering services in PR, advertising, recruitment, content development events and media management. Flagship events organized by VAP Group include the world-renowned Global Blockchain Show, Global Games Show and Global AI Show. VAP Group drives innovation through strategic PR and influencer marketing, bounty campaigns, and global events that showcase the brightest minds in the transformative fields of Web3, AI and Gaming.For media enquiries, exclusive interviews, or press passes, please reach out to: media@globalblockchainshow.com. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
U.S. Polo Assn. Announces an Exclusive Capsule Collection with His Highness Maharaja Sawai Padmanabh Singh of Jaipur, India

U.S. Polo Assn. Announces an Exclusive Capsule Collection with His Highness Maharaja Sawai Padmanabh Singh of Jaipur, India

West Palm Beach, FL, Nov 12, 2024 - (ACN Newswire via SeaPRwire.com) - U.S. Polo Assn., the official brand of the United States Polo Association (USPA), has announced an exclusive collaboration with its Global Brand Ambassador, His Highness Maharaja Sawai Padmanabh Singh (Pacho) of Jaipur, India. The premium U.S. Polo Assn. x His Highness Sawai Padmanabh Singh Collection sold in India perfectly merges Jaipur's royal heritage with polo tradition and sports fashion to create an exceptional addition to the U.S. Polo Assn. brand's global offerings.U.S. Polo Assn.The one-of-a-kind Capsule Collection was launched recently at a private party and runway show at Sawai Padmanabh Singh's Palace featuring Bollywood VIPs, media, and influencers, making its debut for the Autumn-Winter 2024 season. Promoted as part of U.S. Polo Assn.'s clever "Born to Play" Campaign, the collection features rich fabrics, intricate crest detailing, and a design style that captures the spirit of both U.S. Polo Assn. and the vibrant city of Jaipur, staying true to the sensibilities of the Maharaja.Sawai Padmanabh Singh is a member of the Royal Family of Jaipur and is the current Maharaja of Jaipur. A professional polo player, Sawai Padmanabh Singh is the ideal Global Brand Ambassador and partner for U.S. Polo Assn., having played for and captained the Indian National Polo Team and has participated in tournaments across Argentina, Australia, Brazil, Canada, Chile, France, Germany, Spain, Thailand, the United Kingdom, the United States and more."For U.S. Polo Assn., this Campaign and Collection has been the perfect partnership because Pacho brings the spirit of sportsmanship and distinctive style that he displays both on and off the field to U.S. Polo Assn.," said J. Michael Prince, President and CEO of USPA Global, which manages the multi-billion-dollar, global U.S. Polo Assn. brand. "As a global polo player who encompasses what our sport-inspired brand is all about - being global, vibrant, authentic, and exciting - Pacho has brought all of these elements to the outstanding U.S. Polo Assn. x His Highness Sawai Padmanabh Singh Collection.""U.S. Polo Assn. is not only proud of this apparel partnership but also to be sponsoring Pacho's Jaipur Polo Team in 2024," Prince added.His Highness Sawai Padmanabh Singh's personal style is evident across the complete collection, from the deep and luxurious colors and textures to the collection's overall sporting style and contemporary elegance. Featured in the stunning "Born to Play" Campaign which can be seen all across India and around the world on social media, billboards, in malls, airports, and other points of interest, are beautiful polo horses and Sawai Padmanabh Singh's very special Marwari horses, which are indigenous to Jaipur."U.S. Polo Assn. means so much to polo and polo players in India and around the world through its global support and promotion of the sport," said His Highness Sawai Padmanabh Singh. "As a U.S. Polo Assn. Global Brand Ambassador and through our partnership on this Collection, my goals are to bring the story of polo in India to the forefront, share my passion for the game, and present an extraordinary Collection that reflects my personal style that consumers in India will love."The U.S. Polo Assn. x His Highness Sawai Padmanabh Singh Collection will be available in select stores across India, online at uspoloassn.in, and exclusively on Myntra, offering consumers an opportunity to own a piece of history reimagined for the contemporary era."This meaningful collaboration with His Highness Sawai Padmanabh Singh marks an important milestone for U.S. Polo Assn. in India," said Amitabh Suri, Chief Executive Officer of Arvind Brands Ltd., U.S. Polo Assn.'s Strategic Partner. "By blending Jaipur's royal heritage with our brand's signature sport-inspired fashion, we've created a Collection that reflects both a rich cultural legacy and modern sophistication, offering consumers a unique opportunity to indulge in our iconic brand in a new and exclusive way."As one of India's leading casualwear power brands, the multi-billion-dollar, global, sport-inspired U.S. Polo Assn. brand launched an exclusive brand-specific website, USPoloAssn.in, earlier this year. U.S. Polo Assn.'s retail store footprint in India is at more than 400 brand stores, and over 2,000 shop-in-shops, across more than 200 cities in India. The brand plans to open nearly 100 more stores in India in the coming few years. Globally, the U.S. Polo Assn. brand is sold in 190 countries and has global retail sales of more than $2.4 billion.About U.S. Polo Assn. and USPA GlobalU.S. Polo Assn. is the official brand of the United States Polo Association (USPA), the governing body for the sport of polo in the United States and one of the country's oldest sports governing bodies, founded in 1890. With a multi-billion-dollar global footprint and worldwide distribution through more than 1,100 U.S. Polo Assn. retail stores as well as thousands of additional points of distribution, U.S. Polo Assn. offers apparel, accessories, and footwear for men, women, and children in more than 190 countries worldwide. Historic deals with ESPN and Star Sports in India now broadcast several of the premier polo championships in the world, sponsored by U.S. Polo Assn., making the thrilling sport accessible to millions of sports fans globally for the very first time.U.S. Polo Assn. has consistently been named one of the top global sports licensors in the world alongside the NFL, NBA, and MLB, according to License Global. In addition, the sport-inspired brand is being recognized internationally with awards for global and digital growth. Due to its tremendous success as a global brand, U.S. Polo Assn. has been featured in Forbes, Fortune, Modern Retail, and GQ as well as on Yahoo Finance and Bloomberg, among many other noteworthy media sources around the world.For more information, visit uspoloassnglobal.com and uspashop.com, and follow @uspoloassn.About ArvindArvind Fashions Ltd., based in Bengaluru is India's No. 1 casual and denim player in the country's retail industry, a lifestyle powerhouse with a strong portfolio of fashion brands catering to consumers across various sub-categories and price points. With a host of renowned brands, both international and indigenous, like U.S. Polo Assn., ARROW, Tommy Hilfiger, Calvin Klein, and Flying Machine. Arvind has a presence across lifestyle brands and value fashion.Visit Arvind, USPoloAssn.in, and follow @uspoloassnindia.Contact InformationStacey KovalskyVP Global PR and Communicationsskovalsky@uspagl.com001-954-673-1331Sneha MahantDirector, Marketing U.S. Polo Assn. India at Arvind Fashions Limitedsneha.mahant@arvindfashions.com+91 9343897011SOURCE: U.S. Polo Assn. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
AuGroup Landed on the Hong Kong Stock Exchange ‘The First Share of Furniture Going Overseas’

AuGroup Landed on the Hong Kong Stock Exchange ‘The First Share of Furniture Going Overseas’

HONG KONG, Nov 12, 2024 - (ACN Newswire via SeaPRwire.com) - Influenced by the easing cycle of overseas central banks and the continuous release of positive policy signals from the Mainland, investor sentiment in the Hong Kong stock market had markedly improved. The IPO market has also recovered significantly. Recently, large-scale IPOs and "A + H" shares in Hong Kong have emerged one after another and won the favor of investors. On November 8, Hong Kong stocks welcomed another high-quality new stock, AuGroup (2519.HK), which officially landed on the Hong Kong Stock Exchange, becoming the "first share of furniture going overseas" in Hong Kong stocks.According to public information, AuGroup is the world's leading cross-border e-commerce segment leader, specializing in quality furniture and home furnishings. In terms of GMV in 2023, the Company ranked first in the B2C overseas e-commerce market for furniture and home furnishings by China-based sellers; and ranked fifth in the global B2C e-commerce market for furniture and home furnishings. In this IPO, the Hong Kong public offering of AuGroup was oversubscribed by 17.7 times, with a final offering price of HK$ 15.600. Deeply Rooted in Furniture and Home Furnishing Cross-border E-commerce Track, with Multi-category and Multi-brand Development Promoting Sustained GrowthAuGroup's strategy is to focus on the furniture and home furnishings market, one of the fastest growing B2C e-commerce market segments with low return rate. Relying on its strong supply chain capability and comprehensive logistics layout, AuGroup is able to rapidly develop diversified, high-quality products with competitive prices to continuously meet the ever-changing market demand. As a result, it has rapidly established a strong market influence in the furniture and home furnishings market.At present, AuGroup has owned many exclusive brands such as ALLEWIE, IRONCK, LIKIMIO, SHA CERLIN, HOSTACK and FOTOSOK, which are popular in the global market. In 2023, 11 of the Company’s brands each had over RMB100 million in GMV. According to Frost & Sullivan, the Company ranked first in six categories in terms of GMV on the Amazon U.S. site in 2023. The Company had a market share of over 10% in ten categories on the Amazon U.S. site in terms of GMV in 2023.It is worth mentioning that, benefiting from diverse offerings, brand equity and strategic market positioning, AuGroup has been able to maintain long-term competitiveness in the unpredictable market, and its risk-resistant capability has been continuously strengthened. In the case of the Amazon Incident, for example, after the loss of results in 2021, AuGroup recovered rapidly from the market impact, with revenue increasing by 22.3% and net profit increasing by 133.1% year-on-year in 2023. In the first four months of 2024, the Company continued its strong rebound trend, with revenue increasing by 16.9% and net profit increasing by 96.2% year-on-year. Building Global Warehousing and Logistics Capabilities and Opening up the Second Growth CurveIn the field of cross-border e-commerce, logistics is one of the core competitiveness, which is related to cost, efficiency and commodity safety. With years of accumulated industry expertise, AuGroup has established a global multi-tiered warehousing and logistics network that is tailored to medium-to-large goods through Shenzhen Westernpost, and developed proprietary logistics solution management systems to manage and optimize all key stages of the logistics chain, effectively tackling the pain points of high costs and long delivery times associated with logistics solutions for medium-to-large goods.Through self-built logistics, combined with third-party logistics solutions and e-commerce platform logistics services, AuGroup is able to effectively reduce the cost of logistics by using flexible delivery options according to diverse shipping needs. In 2021, the ratio of cost of sales to revenue of the Company was 79.1%, and in 2023, the ratio dropped to 65.5%.In addition to providing logistics services to its own e-commerce business, AuGroup also provides logistics solutions globally under the pre-sale stocking model to customers, including domestic consolidation in China, first-mile international freight services, overseas transit, overseas warehousing and order dispatch, to further broaden revenue sources and enhance profitability. From 2021 to 2023, the Company's revenue from logistics solutions increased from RMB490 million to RMB1,653 million, representing a CAGR of 83.7%, and its revenue share increased from 5.4% to 19.0%. In the first four months of 2024, the revenue from logistics solutions reached RMB583 million, representing a year-on-year increase of 66.8%, and the revenue share further increased to 20.6%, which has formed the second growth curve of the Company.Thanks to the gradual optimization of cost structure and diversified revenue sources, the profitability of AuGroup continues to rise. From 2021 to 2023, the Company's gross profit margin increased from 20.9% to 34.5%, representing an increase of 13.6 percentage points.In terms of industry development, the rapid development of digital economy, the change of consumers’ consumption habits and the rise in the demand for cost-effective furniture and home furnishings will drive the global furniture and home furnishings market to continue to grow rapidly in sales through online channels. As a leading enterprise in the industry, with its own supply chain advantages and global warehousing and logistics capabilities, AuGroup is expected to seize the development opportunities of the industry and promote the continuous growth of its furniture and home furnishing business and logistics solutions. Its performance after listing is worth looking forward to. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
VOY Finance Partners with GDA Capital to Accelerate Growth and Innovation in DeFi Trade Finance

VOY Finance Partners with GDA Capital to Accelerate Growth and Innovation in DeFi Trade Finance

Estonia, Nov 12, 2024 - (ACN Newswire via SeaPRwire.com) - Voy Finance has partnered with GDA Capital, following their win at the Next Top Blockchain Startup competition, hosted by GDA Capital, and unlocked an investment of up to $500K. This strategic partnership is set to propel Voy Finance towards revolutionizing the traditional RWA and global trade finance industry.RWA stands for "Real-World Assets" and refers to traditional, tangible assets such as commodities, real estate, and invoices. These assets are typically used in trade finance as collateral for loans. However, RWA-based financing can be a lengthy and cumbersome process, making it difficult for small businesses to access the necessary funds. With the use of blockchain technology, Voy Finance streamlines this process, providing faster and more efficient financing options for businesses of all sizes.Voy Finance, a decentralized finance platform built on the Ethereum blockchain, offers users access to secure and efficient trade finance infrastructure. Traditionally, the trade finance market has been dominated by financial institutions, making it difficult for small and medium-sized enterprises to access the necessary funding for international trade. Voy Finance aims to disrupt this industry by providing a decentralized and transparent alternative.Key Partnership Highlights:- According to the founder of Voy Finance, Lee Tarone, this strategic partnership with GDA Capital will not only bring in necessary financial resources but also their expertise in capital markets. With GDA's support, Voy Finance is set to expand their total value locked (TVL) and bring in a team of experienced advisors, who have completed billions in transaction value, who will guide the platform towards success.- Lee elaborates, "I can't wait to drive VOY to unicorn and completely upend the RWA and global trade finance scene". This partnership between Voy Finance and GDA Capital is a significant step towards making trade finance more accessible and efficient for all businesses, big or small. With the use of blockchain technology, Voy Finance ensures secure and transparent transactions, reducing the risk for both lenders and borrowers”.Quote from Key ExecutivesThis partnership is a testament to the potential of decentralized finance in revolutionizing traditional industries. As blockchain technology continues to evolve and gain widespread adoption, we can expect to experience rapid expansion of decentralized solutions solving real world business challenges. By proving themselves to be a viable and efficient alternative, decentralized finance platforms like Voy Finance are paving the way for a more inclusive and accessible global economy.“VOY Finance’s unique approach to decentralizing trade finance through blockchain technology aligns perfectly with our mission to support disruptive projects that address real-world challenges that accelerate mainstream adoption of digital assets and blockchain technology," said Michael Gord, CEO of GDA Capital. "This partnership allows us to bring both capital and extensive expertise to a platform that is redefining access to trade finance for businesses of all sizes. We’re excited to support VOY’s journey toward transforming the RWA and global trade finance markets and look forward to helping them reach new milestones in this rapidly evolving space.”About VOY FinanceVoy Finance is a decentralized finance platform that bridges on-chain liquidity with Tradetech through innovative real-world asset (RWA) securitization and tokenized crowdfunding. By transforming illiquid assets such as NFTs, invoices, receivables, bonds, and shares into easily tradable digital tokens, Voy Finance unlocks new liquidity streams and investment opportunities.About GDA CapitalGDA Capital is a leading global digital asset and blockchain technology investment firm. With a diverse portfolio of investments across various sectors, GDA Capital is committed to driving innovation and providing strategic advisory services to businesses worldwide.For more information, please contact: Lee TaroneFounder, Voy FinanceEmail: lee@voy.financeWebsite: http://voy.finance Michael GordFounder, GDA CapitalEmail: michael@gda.capitalWebsite: www.gda.capital Copyright 2024 ACN Newswire via SeaPRwire.com.
More
SIG expands its SIG Neo filling machine portfolio with the global launch of SIG Neo Slimline 15 Aseptic during Gulfood Manufacturing

SIG expands its SIG Neo filling machine portfolio with the global launch of SIG Neo Slimline 15 Aseptic during Gulfood Manufacturing

SINGAPORE, Nov 12, 2024 - (ACN Newswire via SeaPRwire.com) - SIG, a leading packaging solutions provider, announced the expansion of its SIG Neo filling machine portfolio, featuring the world's fastest and most flexible aseptic carton filling machine for multi-serve formats. With the debut presentation of SIG Neo Slimline 15 Aseptic at Gulfood Manufacturing in Dubai, held from November 5-7, SIG launched another cutting-edge filling machine for multi-serve aseptic carton packs, capable of filling up to 15,000 SIG SlimlineBloc packs per hour – a 25% increase in output compared to SIG’s standard filling machines for family-sized formats.Photo: SIGAs food and beverage manufacturers face an increasing need for high output and flexibility, TCO-improved, and sustainable options, the SIG Neo technology platform offers groundbreaking solutions. The new SIG Neo Slimline 15 Aseptic machine not only accelerates production speed, but also maintains a compact footprint, making it an ideal solution for producers looking to increase capacity without costly facility expansions. In an industry where floor space is at a premium, flexibility and quality are essential and the total cost of ownership is a priority, SIG’s ability to significantly boost output per square meter is a game-changer.The SIG Neo technology represents a major leap forward in filling machine innovation. Designed to meet the evolving needs of the F&B sector, it enables manufacturers to seamlessly switch between 1L, 750mL and 500mL packaging volumes, products from multiple categories and packaging materials.“With the SIG Neo platform, we’re addressing key industry challenges,” said Christoph Wegener, Chief Markets Officer at SIG. “Our customers are seeking higher production capacity, improved efficiency, and the ability to adapt to changing consumer trends. The SIG Neo Slimline 15 Aseptic delivers uniquely on all these fronts. It offers the industry-leading waste rate of less than 0.5%, smart digitalization in operations, and up to 15% reduced Total Filling Costs compared to SIG’s standard filling machines for multi-serve aseptic cartons. With this top-tier performance, we enable our customers to scale up their filling line capacity to up to 70 million packs per year. Of course, our SIG Neo filling machine portfolio is designed to run our SIG Terra suite of even lower carbon aseptic carton packaging materials.”Additional features of the SIG Neo Slimline 15 Aseptic filling machine include the state-of-the-art SIG Neo HMI (Human-Machine Interface) for intuitive operation and to generate smart insights on the filling machine’s performance. Added to this is SIG Neo Shield for enhanced sterile airflow and shielding during bottom sealing and pre-folding making it possible to remove up to 95% particles from the air, leading to top quality and extended production cycles. Furthermore, semi-automatic cleaning capabilities will be included on the SIG Neo platform providing superior cleaning results and shorter downtime.Gavin Steiner, Chief Technology Officer at SIG: “As the food and beverage industry continues to evolve, SIG is setting a standard for fast, flexible, and sustainable filling technology. The SIG Neo Slimline 15 Aseptic is a testament to SIG’s commitment to innovation, helping manufacturers achieve growth, efficiency, and quality like never before. This is particularly interesting for manufacturers who want to grow fast – even with limited space. I am proud of the SIG team, who have succeeded in developing a ground-breaking technology that meets the industry's need for rapid growth and flexible production.”Going forward, SIG plans to bring these cutting-edge SIG Neo technology advancements to further aseptic carton filling machines for even more packaging formats in both its multi-serve and single-serve portfolio.About SIGSIG is a leading solutions provider of packaging for better – better for our customers, for consumers, and for the world. With our unique portfolio of aseptic carton, bag-in-box, and spouted pouch, we work in partnership with our customers to bring food and beverage products to consumers around the world in a safe, sustainable, and affordable way. Our technology and outstanding innovation capabilities enable us to provide our customers with versatile packaging systems and solutions for innovative products and smart operations, all to address the ever-changing needs of consumers. Sustainability is integral to our business and guides us on our journey to create packaging for better – packaging that gives more to people and the planet than it takes out.Founded in 1853, SIG is headquartered in Neuhausen, Switzerland, and is listed on the SIX Swiss Exchange. The skills and experience of our approximately 9,000 employees worldwide enable us to respond quickly and effectively to the needs of our customers in over 100 countries. In 2023, SIG produced 53 billion packs and generated €3.2 billion in revenue. SIG also has an AA ESG rating by MSCI, a 13.9 (low risk) score by Sustainalytics, Platinum CSR rating by EcoVadis, and is included in the FTSE4Good Index. For more information, visit our website.For insights into trends that drive the food and beverage industry, visit the SIG blog.Picture caption:SIG announced the expansion of its SIG Neo filling machine portfolio, featuring the world's fastest and most flexible aseptic carton filling machine for multi-serve formats. With the debut presentation of SIG Neo Slimline 15 Aseptic at Gulfood Manufacturing in Dubai, held from November 5-7, SIG launched another cutting-edge filling machine for multi-serve aseptic carton packs, capable of filling up to 15,000 SIG SlimlineBloc packs per hour – a 25% increase in output compared to SIG’s standard filling machines for family-sized formats.Photo: SIGYour contact for media inquiries:PRecious Communications for SIGEmail: sig@preciouscomms.com Copyright 2024 ACN Newswire via SeaPRwire.com.
More
The 14th PropertyGuru Asia Property Awards (Singapore) Celebrate Top Real Estate Achievements

The 14th PropertyGuru Asia Property Awards (Singapore) Celebrate Top Real Estate Achievements

SINGAPORE, Nov 12, 2024 - (ACN Newswire via SeaPRwire.com) - The winners of the 2024 PropertyGuru Asia Property Awards (Singapore) were announced today during an exclusive ceremony at The Ritz-Carlton, Millenia Singapore.The Winners and Highly Commended recipients of the 14th PropertyGuru Asia Property Awards (Singapore) 2024The 14th Annual PropertyGuru Asia Property Awards (Singapore), supported by Mitsubishi Electric Asia and PropertyGuru.com.sg, recognised real estate excellence across 28 categories.UOL Group Limited won the Best Developer award for the third time in the history of the Awards. The company was also distinguished as Best Hospitality Developer, Best Residential Developer, and Best Sustainable Developer.UOL Group Limited receives Best DeveloperMeyer Blue, a joint venture between UOL Group Limited and Singapore Land Group Limited, became one of the year’s most celebrated projects, winning Best Luxury Condo Development, Best Waterfront Condo Development, Best Luxury Condo Architectural Design, and Best Luxury Condo Landscape Design. UOL Group Limited and Pan Pacific Hotels Group also jointly won Best Hotel Interior Design for Pan Pacific Orchard.FRX Capital Private Limited, awarded Best Boutique Developer and Best Landed Developer, won the prestigious Best Housing Development (Singapore) title for Mount Rosie Signature Collection, which was also named Best Landed Housing Development. The developer additionally won Best Boutique Condo Architectural Design for The Hillshore.Kingsford Development Pte. Ltd. was recognised as Best Transnational Developer, with Kingsford Real Estate Development Pte Ltd scoring the Best Boutique Condo Development award for The Hill @ One North. The Best Mega Scale Condo Development award was presented to Chuan Park by Chuan Park Development Pte Ltd, a subsidiary of Kingsford Development Pte. Ltd.TID Pte. Ltd. was named Best Lifestyle Developer while its project Lentoria won Best Private Condo Architectural Design. The Assembly Place won Best Co Living Operator, in addition to the Best Co Living Space award for Hafary House managed by The Assembly Place.Lentor Mansion by GuocoLand and Hong Leong Holdings Limited wins Best Nature Integrated DevelopmentLentor Mansion by GuocoLand and Hong Leong Holdings Limited won the prestigious Best Condo Development (Singapore) title, plus the Best Private Condo Development, Best Nature Integrated Development, and Best Private Condo Landscape Design awards.Another highlight was Regalità by Da Vinci Land, winner of the Best Bespoke Landed Interior Design award.Lim Yew Soon, Managing Director, EL Development Pte Ltd was recognised as the Real Estate Personality of the YearJerome Ng, Director for Business Development at Chiu Teng Group, receives the Rising Star award from PropertyGuru.com.sg, the Official PortalTwo of the most accomplished achievers in the Singapore real estate industry were honoured during the gala. Lim Yew Soon, managing director of EL Development Pte Ltd, received the Singapore Real Estate Personality of the Year award from the editorial team of Property Report by PropertyGuru, the official magazine. Jerome Ng, director for business development at Chiu Teng Group, received the Rising Star award from PropertyGuru.com.sg, the official portal.Jeremy Williams, managing director for Marketplaces at PropertyGuru Group, said: “We’d like to congratulate the outstanding recipients of the PropertyGuru Asia Property Awards (Singapore). The achievements of this year's award-winning developers transcend the needs of individual property seekers; they embrace and harness the power of communities. From condominiums to landed housing, and from co-living spaces to lifestyle and hospitality amenities, their winning projects mirror the desires of Singapore property seekers for high-calibre homes as well as places that provide complete living experiences. Through the combined leadership of transnational and local developers, the property sector builds the spaces necessary for Singapore’s transformation into tomorrow's city—where people enjoy a high quality of life and thrive in harmony with the environment.”Kristin Thorsteins, chairperson of the Awards in Singapore, said: “Congratulations to the distinguished winners of the 2024 PropertyGuru Asia Property Awards (Singapore)! These golden statuettes underscore the industry-wide trust and confidence they have built among consumers, by positioning their brands and developments to stand out in a market increasingly focused on sustainable and new ways of living. These awards attest to exemplary achievements that transcend borders, serving as both validation and a catalyst for continual advancement in Singapore’s real estate sector for years to come.”The independent panel of judges consists of Kristin Thorsteins, co-founder and managing partner, Portman Investment Pte Ltd; Ar. Ivy Koh, dy. COO, SJ Architecture, Surbana Jurong Consultants Pte Ltd; Chua Shang Chai, partner, Dentons Rodyk & Davidson LLP; Dr Keow Yeong Ming, associate professor, National University of Singapore; Greg Shand, architect, Robert Greg Shand Architects; Henry Woon, director, Atelier Ten; Roy Ling, CEO, board director, and adjunct professor, FollowTrade; and Zhenru Goy, principal architect, Goy Architects.The team of HLB Singapore Foo Kon Tan, led by Raymond Kong and Timothy Teh, supervised the selection process, upholding its credibility, fairness, and transparency. The official supervisor is part of the “2024 Network of the Year” winner HLB International, the global network of independent professional accounting firms and business advisers.Organised by PropertyGuru Group (NYSE:PGRU), the 14th PropertyGuru Asia Property Awards (Singapore) are made possible by gold sponsor Mitsubishi Electric Asia; official portal partner PropertyGuru.com.sg; official magazine Property Report by PropertyGuru; media partners D+A, Gazet International, SquareRooms, and Top 10 Singapore; supporting association Singapore Estate Agents Association; and official supervisor HLB.For more information, email awards@propertyguru.com or visit the official website: asiapropertyawards.com.COMPLETE LIST OF WINNERS14th PropertyGuru Asia Property Awards (Singapore)DEVELOPER AWARDSBest DeveloperWINNER: UOL Group LimitedBest Boutique DeveloperWINNER: FRX Capital Private LimitedBest Hospitality DeveloperWINNER: UOL Group LimitedBest Lifestyle DeveloperWINNER: TID Pte. Ltd.Best Residential DeveloperWINNER: UOL Group LimitedBest Landed DeveloperWINNER: FRX Capital Private LimitedBest Sustainable DeveloperWINNER: UOL Group LimitedBest Transnational DeveloperWINNER: Kingsford Development Pte. Ltd.Best Co Living OperatorWINNER: The Assembly PlaceDEVELOPMENT AWARDSBest Mega Scale Condo DevelopmentWINNER: Chuan Park by Chuan Park Development Pte LtdBest Luxury Condo DevelopmentWINNER: Meyer Blue by UOL Group Limited and Singapore Land Group LimitedHIGHLY COMMENDED: Arina East Residences by ZACD LV Development Pte LtdBest Private Condo DevelopmentWINNER: Lentor Mansion by GuocoLand and Hong Leong Holdings LimitedHIGHLY COMMENDED: Lentoria by TID Pte. Ltd.Best Boutique Condo DevelopmentWINNER: The Hill @ One North by Kingsford Real Estate Development Pte LtdHIGHLY COMMENDED: Ardor Residence by NS Property (Haig) Pte LtdHIGHLY COMMENDED: The Hillshore by FRX Capital Private LimitedBest Nature Integrated DevelopmentWINNER: Lentor Mansion by GuocoLand and Hong Leong Holdings LimitedBest Waterfront Condo DevelopmentWINNER: Meyer Blue by UOL Group Limited and Singapore Land Group LimitedBest Landed Housing DevelopmentWINNER: Mount Rosie Signature Collection by FRX Capital Private LimitedDESIGN AWARDSBest Luxury Condo Architectural DesignWINNER: Meyer Blue by UOL Group Limited and Singapore Land Group LimitedHIGHLY COMMENDED: Arina East Residences by ZACD LV Development Pte LtdBest Private Condo Architectural DesignWINNER: Lentoria by TID Pte. Ltd.Best Boutique Condo Architectural DesignWINNER: The Hillshore by FRX Capital Private LimitedHIGHLY COMMENDED: Ardor Residence by NS Property (Haig) Pte LtdBest Hotel Interior DesignWINNER: Pan Pacific Orchard by UOL Group Limited and Pan Pacific Hotels GroupBest Bespoke Landed Interior DesignWINNER: Regalità by Da Vinci LandBest Luxury Condo Landscape DesignWINNER: Meyer Blue by UOL Group Limited and Singapore Land Group LimitedHIGHLY COMMENDED: Arina East Residences by ZACD LV Development Pte LtdBest Private Condo Landscape DesignWINNER: Lentor Mansion by GuocoLand and Hong Leong Holdings LimitedBest Co Living SpaceWINNER: Hafary House managed by The Assembly PlaceBEST OF SINGAPORE AWARDSBest Condo Development (Singapore)WINNER: Lentor Mansion by GuocoLand and Hong Leong Holdings LimitedBest Housing Development (Singapore)WINNER: Mount Rosie Signature Collection by FRX Capital Private LimitedPORTAL’S CHOICE Rising Star WINNER: Jerome Ng, Director for Business Development, Chiu Teng GroupPUBLISHER’S CHOICESingapore Real Estate Personality of the Year WINNER: Lim Yew Soon, Managing Director, EL Development Pte LtdABOUT PROPERTYGURU ASIA PROPERTY AWARDS:PropertyGuru’s Asia Property Awards, established in 2005, are the region’s most exclusive and prestigious real estate awards programme. The Asia Property Awards are recognised as the ultimate hallmark of excellence in the Asian property sector. Boasting an independent panel of industry experts and trusted supervisors, the Awards have an unparalleled reputation for being credible, ethical, fair, and transparent. In 2024, the Awards series is open to key property markets around the region. The exciting gala events welcome senior industry leaders and top media, as well as reach property agents and consumers via live streaming. Recognising excellence within each Asian market with a variety of categories, including green and sustainable development, each local awards programme will culminate in the PropertyGuru Asia Property Awards Grand Final, which takes place after the PropertyGuru Asia Real Estate Summit during ‘PropertyGuru Week’ in December 2024. For more information, please visit AsiaPropertyAwards.comABOUT PROPERTYGURU GROUP:PropertyGuru is Southeast Asia’s leading1 PropTech company, and the preferred destination for over 28 million property seekers2 to connect with almost 46,000 agents3 monthly to find their dream home. PropertyGuru empowers property seekers with more than 2.1 million real estate listings4, in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand, and Vietnam.PropertyGuru.com.sg was launched in Singapore in 2007 and since then, PropertyGuru Group has made the property journey a transparent one for property seekers in Southeast Asia. In the last 16 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio including leading property marketplaces and award-winning mobile apps across its core markets; mortgage marketplace, PropertyGuru Finance; home services platform, Sendhelper; a host of proprietary enterprise solutions under PropertyGuru For Business including DataSense, ValueNet, Awards, events and publications across Asia.For more information, please visit: PropertyGuruGroup.com; PropertyGuru Group on LinkedIn(1) Based on SimilarWeb data between October 2023 and March 2024. (2) Based on Google Analytics data between October 2023 and March 2024. (3) Based on data between January 2024 and March 2024. (4) Based on data between October 2023 and March 2024.PROPERTYGURU CONTACTS:General Enquiries:Richard Allan Aquino, Head of Brand & Marketing ServicesM: +66 92 954 4154E: allan@propertyguru.com Media & Partnerships:Piyachanok Raungpaka, Senior Media & Marketing Services ExecutiveM: +66 94 887 5163E: piyachanok@propertyguru.comSales & Nominations:Alicia Loh, Awards Manager (Singapore)M: +65 8382 0078E: alicia@propertyguru.com.sg Copyright 2024 ACN Newswire via SeaPRwire.com.
More
India’s Buyout Advantage: Your Strategic Guide to Acquiring Indian Companies for Market Entry in 2024

India’s Buyout Advantage: Your Strategic Guide to Acquiring Indian Companies for Market Entry in 2024

MUMBAI, INDIA, Nov 12, 2024 - (ACN Newswire via SeaPRwire.com) - SRKay Consulting Group releases a new whitepaper, "Buyout Strategies: Acquiring Indian Companies for Market Entry,"offering a comprehensive guide for investors looking to enter the Indian market through acquisitions. The report highlights India’s unique advantages, including booming sectors, regulatory support, and region-specific incentives. In 2024, India emerges as a prime market for global acquisitions, offering investors unprecedented opportunities in high-growth sectors and a favorable regulatory environment. SRKay Consulting Group's latest whitepaper provides a strategic guide to acquiring Indian companies, helping investors tap into one of the world’s fastest-growing economies.India’s booming technology, healthcare, and renewable energy sectors, propelled by initiatives like "Make in India" and the Production Linked Incentive (PLI) schemes. These programs enable investors to enter cutting-edge markets directly. Furthermore, India's investor-friendly regulatory framework—exemplified by the Foreign Exchange Management Act (FEMA) and Foreign Direct Investment (FDI) policies—facilitates streamlined acquisitions in high-opportunity sectors like manufacturing, agriculture, and mining through expedited approvals under the Automatic Route."India's unique blend of high-growth sectors and supportive regulatory framework makes it an ideal destination for foreign investment," said Karunjit Kumar Dhir, CEO SRKay Consulting Group. "Our report serves as a strategic guide for investors, providing actionable insights to leverage India’s regional strengths and regulatory advantages for successful market entry."It examines state-level incentives and regional strengths, identifying states such as Karnataka, Maharashtra, and Tamil Nadu as leaders in technology, finance, and manufacturing, respectively. This section emphasizes how regional incentives make India’s states more than just cost-effective options but strategic acquisition targets. The report also covers acquisition models, from joint ventures to full buyouts, illustrated through case studies like Walmart’s acquisition of Flipkart and Facebook’s investment in Reliance Jio, showcasing how international giants use India's expertise and consumer base for growth.It also explores how India’s talent retention strategies, rapid digital transformation, and integration opportunities enhance its appeal for international companies. With strategic government policies fueling innovation and development, now is the ideal time for acquisitions in India, as the country is projected to become the world’s third-largest economy by 2027.Download the Whitepaper and discover how strategic acquisitions in India can transform your growth trajectory.About SRKay Consulting GroupSRKay Consulting Group empowers global organizations by establishing efficient offshore entities and Technology GCCs in India. Operating across 8 countries, SRKay has rapidly grown into a leading consulting firm, recognized for strategic precision and innovation. With over 500 skilled professionals, SRKay is dedicated to unlocking market opportunities and driving operational efficiency for its clients worldwide.For Media contact:Komaldeep Kaur DhirEmail: Komal@mianext.com Copyright 2024 ACN Newswire via SeaPRwire.com.
More
First Philec Transforms Global Supply Chain with Real-Time Visibility through GoComet

First Philec Transforms Global Supply Chain with Real-Time Visibility through GoComet

MANILA, Nov 12, 2024 - (ACN Newswire via SeaPRwire.com) - First Philec, the leading transformer manufacturer and a key innovator in energy solutions with over 250,000 installations across South East Asia, has integrated GoComet's AI-powered solution to enhance logistics efficiency and gain precise visibility across global shipments. Previously, manual shipment management resulted in time zone misalignments, escalating D&D charges, and delays caused by unclear tracking updates.Forwarders and other stakeholders frequently described shipments as "in transit," which provided little clarity. The ocean is vast, and hearing a shipment is 'in transit' didn't provide actionable information. This lack of visibility led to operational disruptions and unplanned costs.By leveraging GoTrack, First Philec now monitors shipments in real-time through a single dashboard, providing actionable updates at every stage. This enhanced oversight allows their logistics team to address potential delays promptly, reduce penalties, and ensure seamless deliveries."Before GoComet, we were doing everything manually. We had to wait hours for updates due to the time zone difference," said Alicia Firmeza, First Philec's Vice President of Enterprise Service. "We now have full transparency in our supply chain and know where exactly our shipment is, which helps us stay agile and responsive to take alternative actions to prevent delay."Additionally, GoComet has aligned with First Philec's sustainability objectives by offering carbon emission tracking tool that optimizes shipping routes to reduce emissions and transportation costs. This strategic alignment reflects both companies' commitment to environmentally responsible practices."What impressed us at first about GoComet was its carbon emission monitoring feature. With this capability, we can now track and monitor the carbon emissions, which helps us significantly advance our sustainability goals." Firmeza added.With GoComet's solutions now deeply integrated, First Philec is positioned to navigate future supply chain challenges efficiently, ensuring reliable operations as they continue to expand and deliver energy solutions across the region.Gautam Prem Jain, CEO of GoComet, acknowledged First Philec's leadership in adopting technology to enhance operations: "Supporting First Philec's operational transformation has been an honor. Their proactive approach to logistics modernization highlights their commitment to excellence and sustainability. We are proud to have played a role in equipping them with the tools required to achieve real-time visibility and seamless collaboration across stakeholders. This effort enhances their efficiency and aligns with broader sustainability goals, demonstrating the impact that innovation can bring to logistics."GoComet is also empowering leading companies in the energy, manufacturing, and industrial sectors such as Eaton, REC, Buckman, Indorama Ventures, Tata Motors, and Ashok Leyland amongst others to achieve operational excellence and streamline their international logistics piece.Tune in and learn about First Philec''s supply chain transformation journey with GoComet - https://www.youtube.com/watch?v=WG2nWXXBYu0About GoCometGoComet is the world's most intuitive, easy-to-use supply chain visibility platform, powered by AI to automate end-to-end logistics for manufacturing companies. It enables businesses to leverage cutting-edge technology to innovate logistics and reduce costs. Utilized by enterprises across industries, GoComet combines data science with machine intelligence to maximize savings and make logistics management efficient and fast by reducing manual workloads, eliminating miscommunication, and leveraging data. Users gain efficiency and transparency in the freight procurement process and unique insights through auto-generated reports for fast, data-driven decision-making. GoComet serves over 500 enterprises, including Bazooka Candy, Lycra, Amcor, and General Mills.For more information about GoComet and its innovative solutions, please visit www.gocomet.com.Social LinksLinkedIn: https://www.linkedin.com/company/go-comet/?originalSubdomain=inYouTube: https://www.youtube.com/channel/UCPCX4IJbswJSZwxmDy5FHEgMedia ContactBrand: GoCometContact: Lakshya Sharma, +91 9967671423Website: https://www.gocomet.com/ Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Spectral Releases its Quantum Bridge Strategy for a Decentralized, Sustainable Future Using Quantum-Resilient Edge Computing

Spectral Releases its Quantum Bridge Strategy for a Decentralized, Sustainable Future Using Quantum-Resilient Edge Computing

SEATTLE, WA, Nov 12, 2024 - (ACN Newswire via SeaPRwire.com) - Spectral Capital (OTCQB: FCCN) , a leading innovator in decentralized cloud technology and advanced quantum ledger solutions, announces expansion of its Vogon decentralized edge and hybrid cloud platform across 16 global regions. Spectral’s offers a revolutionary platform to help transition global enterprises from traditional cloud environments to the quantum-powered solutions of tomorrow via the Vogon Cloud.Vogon Cloud Decentralized EdgeVogon Cloud’s value proposition rests on a meticulously designed edge computing infrastructure, where modular data centers, built from five graphene enhanced concrete 40ft containers, bring processing power closer to end users, thereby minimizing latency and reducing network congestion. Each container serves a dedicated role—one for battery storage, one for Network Operations, and three housing an impressive array of 1,504 servers each. By positioning these modular centers in urban environments, underutilized spaces, or regions with natural cooling advantages, Vogon Cloud optimizes resource allocation and environmental impact. This infrastructure is not only agile and sustainable but also highly adaptable. Whether supporting the instantaneous needs of IoT applications or managing the heavy computational loads of AI and real-time analytics, Vogon Cloud’s DQLDB-driven architecture ensures robust, cross-regional data connectivity and quantum-level security. This framework empowers organizations to scale up their digital operations responsibly, without compromising performance or sustainability.Cloud Computing ReimaginedIn today’s data-driven world, the rapid acceleration in demand for data infrastructure is pushing traditional systems to their limits. The global market for cloud computing, projected to reach over $1 trillion by 2030 with a steady CAGR exceeding 15%, underscores the urgency for sustainable, scalable, and secure cloud infrastructure. Vogon Cloud, an innovative solution from Spectral Capital (OTCQB: FCCN), rises to meet this challenge, offering a next-generation, quantum-resilient edge computing model that’s poised to redefine the landscape. By blending decentralized processing with the breakthrough Distributed Quantum Ledger Database (DQLDB), Vogon Cloud addresses major obstacles in traditional cloud systems—such as latency, scalability, and environmental impact. Vogon Cloud’s vision extends beyond just solving technical limitations; it creates a foundation for a secure and sustainable digital future.Strategic Differentiation Across IndustriesVogon Cloud’s adaptable infrastructure can address the unique needs of diverse industries. Financial institutions, with their stringent security and compliance demands, benefit from Vogon Cloud’s encrypted, decentralized ledger system, ensuring secure data handling. In healthcare, Vogon Cloud enables rapid data access across distributed facilities, improving both patient care and research. The IoT sector, which has often faced barriers due to fragmented infrastructure and limited scalability, stands to gain substantially from Vogon Cloud’s edge-first architecture. By supporting real-time processing, robust security, and sustainable energy use, Vogon Cloud redefines IoT’s potential, transforming it from a concept with unrealized potential into a practical solution ready for a truly connected world. By leveraging deterministic concurrency, consensus validation, and state-of-the-art encryption, Vogon Cloud meets the stringent operational standards across these sectors, while its decentralized nature enhances both data privacy and security, providing a scalable infrastructure for an interconnected economy.Environmental Commitment and Sustainable InfrastructureSpectral Capital’s dedication to sustainability is reflected in Vogon Cloud’s operational model. Each data center is designed to operate on renewable wind and solar energy sources, transforming traditionally high-energy data processing into a revenue-generating, eco-friendly venture. Vogon Cloud’s modular units are crafted to support up to 15,000 small and medium-sized enterprises (SMEs) or up to 150 large enterprises, empowering organizations to reduce their environmental footprint without sacrificing performance. By repurposing underutilized urban spaces or water-cooled locations, Vogon Cloud fosters unique partnerships for landowners, investors, and companies alike. This approach supports a digital ecosystem that drives innovation and aligns with global climate objectives, positioning Vogon Cloud as a leader in the sustainable tech space.Quantum-Resilient Security ArchitectureAs quantum computing advances, existing encryption systems become increasingly vulnerable to sophisticated quantum attacks. Recognizing this, Vogon Cloud integrates SPHINCS+ post-quantum cryptography within its DQLDB to fortify data security and protect against these looming threats. Each transaction within Vogon’s DQLDB is immutably timestamped and retains detailed provenance records, safeguarding data integrity and bolstering governance, compliance, and auditability. Vogon Cloud’s quantum-resilient framework provides unparalleled cross-regional data sharing and coalition-based real-time support. This architecture enables organizations to confidently address both today’s security demands and emerging cybersecurity challenges.2.0 MWh to 5.5MWh Sodium-Ion Battery Energy Storage Solution (BESS)At the core of Vogon Cloud’s energy infrastructure lies a powerful 5.5MWh Sodium-Ion Battery Energy Storage System (BESS), designed for sustainability. With a lifespan of over 25 years and an energy efficiency rate of more than 90%, this storage solution ensures reliable energy support in diverse environmental conditions, including extreme temperatures. The high-capacity BESS system enables Vogon Cloud to extend operational reliability and efficiency even in remote or harsh locations. By storing excess renewable energy generated from solar and wind, the BESS reinforces Vogon Cloud’s commitment to sustainable operations and aligns with ecological preservation goals. This energy strategy not only provides consistent high-performance energy delivery but also supports Vogon Cloud’s broader environmental mission.The Future of Digital Infrastructure: Security, Scalability, and SustainabilityVogon Cloud symbolizes a paradigm shift in digital infrastructure, aligning with the demands of an increasingly digital economy. By enabling decentralized edge computing, Vogon Cloud reduces dependency on centralized data hubs, allowing localized data processing to meet the needs of latency-sensitive applications, from AI-driven insights to live-streaming analytics. The platform’s DQLDB structure, underpinned by consensus groups and deterministic concurrency, offers flexibility to expand seamlessly across multiple regions. With this adaptive framework, Vogon Cloud empowers industries and innovators to scale operations responsibly, with a foundation that prioritizes security, scalability, and sustainability in equal measure.ConclusionFor visionaries and tech pioneers, Vogon Cloud offers more than just a data solution—it presents a comprehensive blueprint for building a secure, sustainable, and interconnected digital economy. By balancing quantum resilience with eco-consciousness, Vogon Cloud enables companies to grow and innovate without compromising their environmental values. With a platform designed to meet the evolving challenges of modern computing, Vogon Cloud supports a world where technology and sustainability go hand in hand, empowering industries, protecting data, and respecting our planet. The future is bright with Vogon Cloud—a future where quantum resilience and sustainable innovation unlock human potential and redefine the possibilities of the digital age.About FCCN Spectral Capital (OTCQB: FCCN)Based in Seattle, Washington, FCCN Spectral Capital is a leading innovator in decentralized cloud solutions, powered by advanced quantum ledger technology. Through Vogon, its flagship edge and hybrid cloud platform, FCCN is committed to delivering scalable, secure, and transformative cloud solutions for global markets. By fostering MSP partnerships worldwide, FCCN is setting new standards in decentralized infrastructure and data security for the future. For more information, please visit Spectral Capital.Media Contact:Plato Data IntelligencePlatoAiStream.comZephyr@platodata.io Forward-Looking StatementsThis press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and FCCN's growth and business strategy. Words such as "expects," "will," "intends," "plans," "believes," "anticipates," "hopes," "estimates," and variations on such words and similar expressions are intended to identify forward-looking statements. Although FCCN believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of FCCN. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in FCCN's business; competitive factors in the market(s) in which FCCN operates; risks associated with operations outside the United States; and other factors listed from time to time in FCCN's filings with the Securities and Exchange Commission. FCCN expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in FCCN's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Nissin Foods Enters into JV Agreement with Nissin Asia

Nissin Foods Enters into JV Agreement with Nissin Asia

HONG KONG, Nov 11, 2024 - (ACN Newswire via SeaPRwire.com) - Nissin Foods Company Limited (“Nissin Foods”, together with its subsidiaries, the “Group”; Stock code: 1475) is pleased to announce that the Group and Nissin Asia have entered into a joint venture agreement (the “JV Agreement”) which provides for the formation of a joint venture company (the “JV Company”). The JV Company, named Australia Nissin Foods Pty., Ltd., will be owned 51% by the Group and 49% by Nissin Asia upon its incorporation. The Group will contribute AUD1,020,000 (equivalent to approximately HK$5,232,600) in cash to the share capital of the JV Company, which will be financed from the Group’s internal resources. The JV Company will become a non-wholly-owned subsidiary of the Group with its financial results to be consolidated into the Group’s consolidated financial statements. The JV Company will be primarily engaged in the import and sale of instant noodles, snacks, cereals and other food products in Australia and New Zealand.By establishing a local presence in Australia and New Zealand, the Group will be able to enhance its marketing activities in both markets, strengthen its sales and distribution network and maintain greater control over retail sales and inventory levels of the Group’s products. Nissin Asia, based in Thailand, is principally engaged in the provision of managerial or support services to its subsidiaries which are manufacturers and sellers of instant noodles in countries such as Thailand, Indonesia, Singapore, Cambodia and Malaysia. The Group believes that Nissin Asia will play a vital role in strengthening the distribution and expansion of the instant noodles market in Australia and New Zealand.The instant noodle markets in Australia and New Zealand experienced healthy growth in recent years. In Australia, demand rose from 420 million servings in 2019 to 500 million in 2023, achieving a CAGR of 4.5%. In New Zealand, demand increased from 90 million to 110 million servings, with a CAGR of 5.1%. Both countries outperformed the corresponding global CAGR of 3.1%. The Group believes that this growth trend will continue going forward as the growing populations of Australia and New Zealand, driven especially by the Asian migration to these countries, present ample opportunities for expansion of the instant noodles market in both countries.Mr. Kiyotaka ANDO, Executive Director, Chairman and Chief Executive Officer of Nissin Foods, said, “The establishment of Australia Nissin Foods Pty., Ltd. represents a significant milestone in our Group’s international outreach, strengthening our presence in the Australian and New Zealand markets. Building on the strategic acquisition of ABC Pastry, which diversifies our product portfolio, this joint venture will reinforce our market position in these two markets. It will also broaden the revenue streams of the Group over time. By capitalising on a series of strategic M&A initiatives, we are enhancing operational efficiency and better aligning with evolving consumer preferences. Moreover, these efforts are central to our strategy of driving sustainable, long-term growth. They aim to deliver lasting value to the Group and its shareholders in the years ahead.”For more information, please refer to the announcement on the Hong Kong Stock Exchange website at: https://www1.hkexnews.hk/listedco/listconews/sehk/2024/1111/2024111100167.pdfPHOTOThe key brands and products of the Australia Nissin Foods Pty., Ltd.include Demae Iccho, Nissin Ramen and Cup Noodles.About Nissin Foods Company LimitedNissin Foods Company Limited ("Nissin Foods”, together with its subsidiaries, the “Group”; Stock code: 1475) is a renowned food company in Hong Kong and Mainland China, with a diversified portfolio of well-known and highly popular brands, primarily focusing on the premium instant noodle segment. The Group officially established its presence in Hong Kong in 1984 and is the largest instant noodle company in Hong Kong. The Group primarily manufactures and sells instant noodles, high-quality frozen food products, including frozen dim sum and frozen noodles, and also sells and distributes other food and beverage products, including retort pouches, snacks, mineral water, sauce and vegetable products under its two core corporate brands, namely “NISSIN ” and “DOLL ” together with a diversified portfolio of iconic household premium brands. The Group’s five flagship product brands, namely “Cup Noodles”, “Demae Iccho ”, “Doll Instant Noodle , “Doll Dim Sum ” and “Fuku” are also among the most popular choices in their respective food product categories in Hong Kong. In the Mainland China market, the Group has introduced technology innovation through the “ECO Cup” concept and primarily focuses its sales efforts in first-and second-tier cities. In addition, Nissin Foods operates business in other Asian regions including Vietnam, Taiwan and Korea markets.Nissin Foods is currently a constituent of five Hang Seng Indexes, namely: Hang Seng Composite Index, Hang Seng Composite SmallCap Index, Hang Seng Composite Industry Index - Consumer Staples, Hang Seng SCHK Consumption Index and Hang Seng SCHK Consumer Staples Index. Nissin Foods is eligible for trading under Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect. For more information, please visit www.nissingroup.com.hk.For media enquiries:For investor enquiries:Nissin Foods Company LimitedNissin Foods Company LimitedPublic Relations DepartmentInvestor Relations DepartmentBlanche WONG / Wing WUShingo YAMAZAKI / Fanny YANEmail: pr@nissinfoods.com.hkEmail: ir@nissinfoods.com.hkStrategic Financial Relations Limited Vicky LEETel: (852) 2864 4834 Iris AU YEUNGTel: (852) 2114 4913 sprg_nissin@sprg.com.hk Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Retail Revolution Illuminates Bangkok as Rockbird Media’s RESA 2024 Charts Course for Digital Growth

Retail Revolution Illuminates Bangkok as Rockbird Media’s RESA 2024 Charts Course for Digital Growth

BANGKOK, Nov 11, 2024 - (ACN Newswire via SeaPRwire.com) - The Hyatt Regency Bangkok Sukhumvit buzzed with innovation and insights on October 17, 2024, as rockbird media's Retail & E-Commerce Summit Asia (RESA) brought together industry leaders to explore "Retail Revolution: Illuminating Digital Drivers for Growth and Security." This landmark event showcased Thailand's burgeoning role in Southeast Asia's digital retail landscape, offering a platform for executives across diverse sectors to engage with cutting-edge strategies and technologies.The summit, which saw increased attendance compared to the previous year, addressed critical challenges and opportunities in Thailand's evolving e-commerce ecosystem. Discussions ranged from consumer trends and technological advancements to regulatory landscapes and cybersecurity concerns.Keynote speaker M.L. Luesak Chakrabandhu, President of The Association of Thailand Open Source Federation, highlighted the event's significance. "We have to understand the challenges, difficulties, and limitations of Thailand in terms of business expansion. We need to improve the ease of doing business here, improve our incentives for new business or more tech people to come to Thailand," Chakrabandhu said, adding the need for enhanced communication between the private sector, the academe, and the government to accelerate policy improvements.The event also delved deep into the future of digital payments, with Teeraphol Ambhai, Head of Search Experience at Bumrungrad International Hospital, sharing insights on e-wallets and their potential to revolutionize businesses. "It should be a big thing to know the challenges and also the advantages, how it will leverage business, as well as how we can use e-payment within and outside Thailand. I hope this will lead businesses to use more of e-payment in the future," Ambhai, who was also a speaker for last year’s RESA, stated.Cybersecurity emerged as a critical focus area, especially in light of Thailand's evolving regulatory landscape. Chatchawarn Jirupathum, Group Information Security & Data Protection Officer at RMA Group, stressed the importance of robust cybersecurity measures and data privacy protection. "The rising of new cyber security threats, and since we don't have very solid regulations for the retail and e-commerce in Thailand at the moment, I think is becoming a challenge for next years," Jirupathum explained.The summit featured a mix of keynote presentations, interactive panel discussions, and networking opportunities, allowing attendees to gain actionable insights and forge meaningful connections. The increased attendance and diversity of participants underscored the growing importance of digital innovation in Southeast Asia's retail sector.As the event concluded, it was clear that RESA 2024 had not only met but exceeded expectations, providing a comprehensive view of the challenges and opportunities lying ahead for the retail and e-commerce industries in Thailand and beyond.For more information about RESA and future events, visit https://rockbirdmedia.com/About rockbird mediaRockbird media is an international business media company that produces B2B events and offers business solutions.Whether it is through online media and content, must-have business intelligence and analytics, effective networking, and partnering solutions, we help businesses and professionals learn more about the latest trends, and know more about their customers, peers, and competition, to make that decision that allows them to grow.Media contact:Ann Jubelle De Veraannjubelle@rockbirdmedia.com Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Exito DevOps Summit 2024: Transforming the Future of Software Development in Singapore

Exito DevOps Summit 2024: Transforming the Future of Software Development in Singapore

SINGAPORE, Nov 11, 2024 - (ACN Newswire via SeaPRwire.com) - As Singapore continues its rise as a leading tech hub in Southeast Asia, the demand for innovative software solutions has never been higher. With a robust infrastructure, strategic location, and a business-friendly environment, Singapore attracts tech companies, startups, and multinational enterprises looking to harness the power of technology to stay ahead of the curve. However, as technology rapidly evolves, traditional development methodologies struggle to keep pace. In this dynamic environment, DevOps has emerged as a critical practice for organizations aiming to accelerate their software development lifecycle, improve collaboration between teams, and deliver high-quality software more efficiently.The Singaporean tech ecosystem is marked by its emphasis on speed, innovation, and agility, driven by global competition and a constantly evolving market. Companies here are under increasing pressure to adapt to changing customer needs, market trends, and regulatory requirements—factors that traditional waterfall development models struggle to address. DevOps enables organizations to respond to these challenges by promoting continuous integration, continuous delivery (CI/CD), and rapid iteration, which are essential to maintaining a competitive edge in today’s fast-paced digital landscape. The collaborative nature of DevOps—uniting development and operations teams—also facilitates improved communication and alignment, a crucial advantage in Singapore’s multicultural and multidisciplinary workforce.Moreover, as Singapore moves towards becoming a “Smart Nation,” its public and private sectors are investing heavily in cutting-edge technologies like artificial intelligence (AI), the Internet of Things (IoT), and cloud computing. DevOps tools play an essential role in enabling the development and deployment of these advanced technologies. By automating workflows, streamlining testing processes, and ensuring security through practices like DevSecOps, DevOps ensures that software can be delivered rapidly and securely, without compromising quality. With enterprises increasingly adopting DevOps to fuel innovation and digital transformation, it has become an indispensable methodology for businesses looking to navigate the complexities of modern software development in Singapore.Overview of the event:The DevOps Singapore is one such event that explores the latest trends, challenges, and strategies in DevOps. This exclusive, invitation-only summit brings together over 150 C-level executives, DevOps leaders, and tech innovators to discuss the strategic integration of DevOps in modern enterprises. Key topics include the evolution of DevOps, AI-driven automation, cloud operations, and the importance of DevSecOps.Attendees will gain insights into how leading organizations leverage DevOps to drive innovation, improve efficiency, and enhance security. The event offers a unique opportunity to learn from the transformative impact of DevOps, micro services, containers, and AI on global tech giants. Whether you're starting your DevOps journey or deepening your expertise, DevOps Singapore Summit provides actionable strategies to stay ahead in the rapidly changing digital landscape.What to expect at the event:Expect a dynamic agenda that features a combination of keynote speeches, fireside chats, panel discussions, and networking opportunities. Sessions will tackle critical topics such as the evolution of DevOps, the integration of security into development (DevSecOps), the future of AI-driven automation, and the impact of microservices and containers on global tech giants. Key sessions will explore practical solutions to overcome challenges in CI/CD pipelines, security, scalability, and cloud integration, offering attendees a holistic view of how to implement and scale DevOps practices in today’s fast-paced tech environment.As the digital transformation journey accelerates across industries, the Exito DevOps Summit 2024 stands as a pivotal gathering for those looking to stay at the forefront of software development innovation. With a focus on real-world strategies and emerging technologies, this event offers invaluable insights into how DevOps practices are shaping the future of enterprise IT.Attendees will leave equipped with the knowledge, tools, and connections to drive the next phase of digital evolution in their organizations. Whether you're leading a DevOps initiative or exploring new ways to optimize your development lifecycle, the Exito DevOps Summit is the place to be for anyone committed to mastering the future of software development.Date: 14th November 2024Time: 09:00 AM to 05:00 PMLocation: Conrad Singapore Orchard.For more information on the Devops Singapore Summit, click on the link.For Media Enquiries, reach out to:Kasturi Nayak (Sr.) Marketing Executive)kasturi.nayak@exito-e.com+91 9739610464 Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Nissin Foods Announces 2024 Q3 Financial Results

Nissin Foods Announces 2024 Q3 Financial Results

HONG KONG, Nov 11, 2024 - (ACN Newswire via SeaPRwire.com) - Nissin Foods Company Limited (“Nissin Foods” or the “Company”, together with its subsidiaries, the “Group”; Stock code: 1475) today announced its unaudited third-quarter financial results for the nine months ended 30 September 2024 (the “Reporting Period”).The Group recorded revenue of HK$2,862.2 million for the Reporting Period, compared with HK$2,956.0 million for the corresponding period of 2023. The Group’s revenue slightly increased by 1.3% year-on-year from July to September, mainly due to the sales expansion of certain cup-type instant noodles in Mainland China. The consolidated gross profit for the Reporting Period amounted to HK$997.4 million (2023: HK$1,005.8 million). The gross profit margin increased by 0.8 percentage points to 34.8% in 2024 from 34.0% in 2023, primarily due to the reduction in raw materials and purchase costs during the period.Revenue from the Hong Kong and other Asia operations was HK$1,097.7 million. As for the Mainland China operation, due to weaker consumer sentiment and the depreciation of the renminbi against the Hong Kong dollar, revenue for the Reporting Period was HK$1,764.5 million.Mr Kiyotaka ANDO, Executive Director, Chairman and Chief Executive Officer of Nissin Foods, said, “We are pleased to see an upward trend in our performance since the second half, reflecting the positive impact of our strategic sales initiatives. Alongside our organic growth, the consolidation of Korean snack manufacturer Gaemi Food in September has started to gradually unfold long-term benefits. It is worth noting that our recent M&A efforts would strengthen our business adaptability and resilience, ensuring stable performance. We aim to continually diversify our product portfolio and increase brand recognition in the markets where we operate, thereby sharpening our competitive edge. This will enable the Group to maintain steady performance and consistently deliver sustainable value to our customers and shareholders.”About Nissin Foods Company LimitedNissin Foods Company Limited ("Nissin Foods”, together with its subsidiaries, the “Group”; Stock code: 1475) is a renowned food company in Hong Kong and Mainland China, with a diversified portfolio of well-known and highly popular brands, primarily focusing on the premium instant noodle segment. The Group officially established its presence in Hong Kong in 1984 and is the largest instant noodle company in Hong Kong. The Group primarily manufactures and sells instant noodles, high-quality frozen food products, including frozen dim sum and frozen noodles, and also sells and distributes other food and beverage products, including retort pouches, snacks, mineral water, sauce and vegetable products under its two core corporate brands, namely “NISSIN ” and “DOLL ” together with a diversified portfolio of iconic household premium brands. The Group’s five flagship product brands, namely “Cup Noodles ”, “Demae Iccho ”, “Doll Instant Noodle ”, “Doll Dim Sum ” and “Fuku ” are also among the most popular choices in their respective food product categories in Hong Kong. In the Mainland China market, the Group has introduced technology innovation through the “ECO Cup” concept and primarily focuses its sales efforts in first-and second-tier cities. In addition, Nissin Foods operates business in other Asian regions including Vietnam, Taiwan and Korea markets.Nissin Foods is currently a constituent of five Hang Seng Indexes, namely: Hang Seng Composite Index, Hang Seng Composite SmallCap Index, Hang Seng Composite Industry Index - Consumer Staples, Hang Seng SCHK Consumption Index and Hang Seng SCHK Consumer Staples Index. Nissin Foods is eligible for trading under Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect. For more information, please visit www.nissingroup.com.hk. For media enquiries:For investor enquiries:Nissin Foods Company LimitedNissin Foods Company LimitedPublic Relations DepartmentInvestor Relations DepartmentBlanche WONG / Wing WUShingo YAMAZAKI / Fanny YANEmail: pr@nissinfoods.com.hkEmail: ir@nissinfoods.com.hkStrategic Financial Relations Limited Vicky LEETel: (852) 2864 4834 Iris AU YEUNGTel: (852) 2114 4913 sprg_nissin@sprg.com.hk Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Black Spade joins UBS Finance Summit 2024 in Qatar

Black Spade joins UBS Finance Summit 2024 in Qatar

HONG KONG, Nov 11, 2024 - (ACN Newswire via SeaPRwire.com) - Black Spade Capital Limited (“Black Spade”) were invited to the Finance Summit 2024 hosted by UBS and Invest Qatar. This prestigious summit offered a platform for institutional investors, family offices, sovereign wealth funds and major entrepreneurs from the around the world to interact and exchange ideas. Participants were given the opportunity to deep dive in various topics from investment strategies, risk diversification to artificial intelligence and geopolitics, all of which afforded valuable insight to navigate uncertainty.Mr. Dennis Tam, President and CEO of Black Spade, said, “I had the privilege of meeting His Excellency the Minister of Finance of Qatar Mr. Ali bin Ahmed Al-Kuwari at the Summit. Our discussion surrounded how Qatar has cemented its position as a major global energy player and a key oil supplier in the world market. It is inspiring to see that Qatar is keen on opening its doors to attract more professionals and to encourage startups. His Excellency also shared how they have stepped up their efforts to establish international and business schools. As the Summit coincided with the United States presidential election, His Excellency expressed hopes that President-elect Mr. Donald Trump will bring about lasting peace to the world in the near future. Qatar, with its stunning coastal beauty, made this an amazing trip and a memorable event.”Photo caption:(from the left) Mr. Dennis Tam,President and CEO of Black Spadeand His Excellency Ali bin Ahmed Al-Kuwari,Minister of Finance ofQatar and Mr. Gabriel Wan, Managing Director of UBSAbout Black Spade Capital LimitedBlack Spade Capital Limited is an established family office that manages the private investments of Mr. Lawrence Ho. Headquartered in Hong Kong, its global portfolio consists of a wide spectrum of cross-border investments as it consistently seeks to add new projects and opportunities to its investment mix. Black Spade’s investment strategy maximizes coverage of geographic regions and sectors whilst maintaining a portfolio of diversified asset classes, ranging from equity, fixed income, medical technology, leisure and culture, green energy, real estate to Pre-IPO investments. In August 2023, Black Spade Acquisition Co, a blank check company (SPAC) sponsored by Black Spade, completed a US$23 billion business combination with VinFast Auto Ltd. In August 2024, Black Spade Acquisition II Co, the second SPAC sponsored by Black Spade, raised US$153 million and successfully listed on Nasdaq.Media Enquiries:Strategic Financial Relations LimitedVicky LeeTel: +852 2864 4834Email: vicky.lee@sprg.com.hk Lilia YangTel: +852 2864 4833Email: lilia.yang@sprg.com.hkWebsite: www.sprg.com.hk Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Hong Kong International Wine & Spirits Fair attracted over 8,200 trade buyers

Hong Kong International Wine & Spirits Fair attracted over 8,200 trade buyers

- The three-day Fair concluded yesterday, attracting over 8,200 trade buyers from 61 countries and regions- 50 events and conferences held during the Fair helped facilitate trade and business networking- A lower duty rate for liquor, announced in the latest Policy Address, helps promote emerging Chinese baijiu to the international marketHONG KONG, Nov 10, 2024 - (ACN Newswire via SeaPRwire.com) - The 16th Hong Kong International Wine & Spirits Fair, organised by the Hong Kong Trade Development Council (HKTDC), concluded yesterday. The three-day Fair attracted over 8,200 trade buyers from 61 countries and regions. Yesterday’s public day attracted over 10,000 visitors aged 18 and above, who enjoyed fine alcoholic beverages from around the world and participated in master classes, tasting sessions, and seminars in the Wine Fiesta zone. This reflects the Fair’s important role as a trade and promotional platform.Sophia Chong, Deputy Executive Director of the HKTDC, said: “This year's Fair has attracted over 8,200 trade buyers. The number of buyers from some countries and regions increased, including ASEAN countries such as Indonesia, Thailand, Malaysia, the Philippines and Vietnam, as well as Japan, Taiwan, Mainland China and more. Global buyers are keen to come to Hong Kong to participate in the Wine and Spirits Fair, promoting Hong Kong as a regional trading hub for wines and spirits.”Ms Chong added: “The latest Policy Address announced a lower duty rate for liquor, which is expected to enhance the trade of high-end spirits. More than one quarter of exhibitors at the Fair brought spirits from around the world, including Chinese baijiu, whisky, vodka, brandy and more. We are glad to see that so many exhibitors and buyers interacted with each other, seizing the business opportunities brought about by the new policy.”Importers, wholesalers, retailers and e-commerce buyers who attended the Fair included: Awin Barratt Siegel Wine Agencies from the United Kingdom; Grupo Alpom Importaciones SL from Spain; Le Clos (MMI) from the United Arab Emirates; ASC Fine Wine (Shanghai) Ltd, Beijing WJ E-Commerce Co, Ltd. and Vinehoo (Chongqing) Co. Ltd. from Mainland China; Mercian Corporation from Japan; Thevincsr from Korea; Luen Heng F&B Sdn Bhd from Malaysia; Wine Creek Pte Ltd. from Singapore; Thai Beverage Distribution Co Ltd from Thailand; Phu & EM Group from Vietnam and more.Trading and marketing opportunities for spirits exhibitorsThis year’s Fair showcased a wide selection of Chinese baijiu from various regions, including Moutai and Zhenjiu from Guizhou, Fenjiu from Shanxi and “Zhongmao” from Sichuan. Exhibitors are capitalising on the Government's reduction in liquor duty to expand their business opportunities.Guizhou Jin Jiao Liquor Industry (Group) Co,. Ltd which specialises in high-end Chinese baijiu, reached a strategic agreement with Hong Kong distributor Wines up Shoppers Group. Guizhou Jin Jiao Liquor’s CEO Xu Xinzhou said that the anticipated collaboration amount is expected to reach at least RMB10 million in one year, helping the company expand its overseas market. Matthew Lun, CEO from Wines up Shoppers, said, “Chinese baijiu holds significant potential in the global Chinese market. We plan to capitalise on the Government’s recent reduction in liquor tax to tap into this market and promote Chinese baijiu, a traditional cultural product, throughout Southeast Asia and beyond.” Guizhou Jin Jiao also identified another Hong Kong buyer through the Fair, aiming to distribute its baijiu in Hong Kong. The two parties will negotiate a first-year business agreement valued at around RMB2 million.Irish whiskey exhibitor Clonakilty Distillery Ltd made its first appearance at the Fair. Company founder Michael Scully said that they have identified about 30 potential buyers from around the world within a day and a half. “The slashing of liquor tax is excellent news, demonstrating to the world that Hong Kong is dedicated to establishing itself as a trading hub for premium wines and spirits in Asia,” he said.“We met a major buyer who distributes alcoholic beverages in both Hong Kong and Mainland China, and we expect him to place an initial order of around EUR100,000 in which some of the high-end whiskies will benefit from the new taxation and enjoy a lower tax rate while being imported to Hong Kong. We believe that the tax reduction has significantly increased the interest of buyers.” Mr Scully also estimated that he could secure orders worth approximately EUR1 million within a few years through the Fair.50 events were held during the Fair, with 12 of these related to spirits. At a seminar themed "A Review and Outlook of the HK Spirits Market (Taste Changes and Taxation)", speakers noted that Hong Kong's reduction of duty on high-end spirits has prompted many businesses in the industry to immediately lower their prices, which helps stimulate demand for spirits.The Fair also presented fine wines from Mainland China, including wines from Ningxia, Yantai in Shandong, Xinjiang and Yunnan, as well as yellow wine from Shaoxing. Chateau Xianghai, a wine exhibitor from Xinjiang, connected with potential buyers from the United States as well as Malaysia and Vietnam from the ASEAN Region. The company’s General Manager Guo Cong said, “The Fair is an international platform providing us with numerous opportunities to expand into overseas markets.”Diverse fine wines and spirits to meet buyer demandTo meet consumers' and buyers’ diverse preferences for alcoholic beverages, the Fair presented an extensive selection of global offerings. These included Old World wines from the Czech Republic, France, Germany and Italy, and New World wines from Australia, South Africa and the United States, as well as whiskey from Ireland. There were also dedicated buyers for sake, gin, plum wine and shochu from Japan, along with tequila from Mexico.Participating for the first time in the Wine and Spirits Fair, Czech exhibitor THAYA vinarstvi, spol. s r.o. engaged with around 50 buyers in just one day and a half, with over 10 showing potential for collaboration. THAYA's Chief Operating Officer, Ing. Vit Travnicek said, “The Sommeliers’ Picks is a great initiative. One of our white wines is featured on the list, and several buyers came specifically to source based on the list.”He also mentioned that the company has just started to explore the Asian market. They have successfully connected with potential buyers from Mainland China, Hong Kong, India, Malaysia, Japan, Singapore and Vietnam during their very first time at the Fair, "We participate in eight wine exhibitions each year, and this one stands out as the most international."Sambath Sothea, CEO of Auskhmer Import Export Co., Ltd, a buyer from Cambodia, stated that he has a fruitful experience at the Fair and has identified four potential suppliers. He plans to purchase products worth approximately US$50,000, including Japanese sake and wines from Italy and Georgia.Seminars explored consumer demands and sustainable developmentA seminar hosted by Master of Wine Debra Meiburg explored consumption trends and preferences among Gen Z and millennials, an emerging consumer group. Industry representatives speaking at the event noted that young adults have a strong preference for cocktails. The vibrant colours of cocktails are perfect for sharing on social media, allowing the industry to achieve significant promotional results.Lan Kwai Fong (LKF) Concepts crafted a special cocktail, HK & Suit, for yesterday's public day. Many visitors tried it, fostering a lively atmosphere.Sustainability has become a significant industry trend. At a seminar on promoting sustainable wine, a renowned sommelier and alcoholic beverage manufacturer emphasised that providing information on sustainable wine and spirits-making would enhance consumer confidence in the market.Under the EXHIBITION+ hybrid mode, buyers could use the Scan2Match function of the HKTDC Marketplace App to scan exhibitors’ unique QR codes during the physical exhibition. They could also bookmark favourite exhibitors, browse product information and continue discussions with exhibitors online after the show. Exhibitors and buyers can also engage in online business negotiations and matching through the Click2Match smart business matching platform until 16 November.Photo download: https://bit.ly/4fpgZ9GThe Hong Kong International Wine & Spirits Fair concluded yesterday. The three-day Fair attracted over 8,200 trade buyers from 61 countries and regions. Over 10,000 members of the public visited yesterday’s public day to enjoy fine wine and spirits from around the globeMore than 600 exhibitors from 20 countries and regions took part in this year’s FairThis year’s Fair exhibited Chinese fine wine and baijiu such as Guizhou Moutai and Zhenjiu, providing more choices for international buyers50 events and conferences took place during the Fair. Stef Yim (pictured), the first Hong Kong winemaker to establish a winery at the volcano in Sicily, Italy, shared his winemaking journey and invited attendees to taste his wine.Members of the public savoured the HK & Suit cocktail specially crafted for the Fair by Lan Kwai Fong (LKF) ConceptsPublic day, on the final day of the Fair, allowed members of the public to sample wines and spirits around the globe, including Japanese sake, at the Wine Fiesta ZoneWine Master Jennifer Docherty hosted a blind wine-tasting training session during the Fair. In another event, Nelson Chow, Billy Yeung and Ricky Tsui, three experts from different wine fields, discussed the career path of a sommelierThe Fair hosted several wine prize presentation ceremonies and competitions, including the Cathay Hong Kong International Wine and Spirit Competition 2024 Award Presentation CeremonyThe inaugural Sommeliers’ Picks engaged three renowned sommeliers to recommend their favourite wine and spirits lists to industry professionals and the public. Many of these exquisite wine and spirits selected by the sommeliers attracted visitors to taste and purchase themHKTDC Media Room: mediaroom.hktdc.comWebsiteHong Kong International Wine & Spirits Fair: https://www.hktdc.com/event/hkwinefair/enMedia enquiriesPlease contact the HKTDC’s Communications & Public Affairs Department:Kelly ShekTel: (852) 2584 4537Email: kelly.yt.shek@hktdc.orgSnowy ChanTel: (852) 2584 4525Email: snowy.sn.chan@hktdc.orgAbout HKTDC The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Vibrant trade at Hong Kong International Wine & Spirits Fair

Vibrant trade at Hong Kong International Wine & Spirits Fair

- The three-day Fair concluded yesterday, attracting some 8,200 trade buyers from 61 countries and regions- 50 events and conferences held during the Fair helped facilitate trade and business networking - A lower duty rate for liquor, announced in the latest Policy Address, helps promote emerging Chinese baijiu to the international marketHONG KONG, Nov 10, 2024 - (ACN Newswire via SeaPRwire.com) - The 16th Hong Kong International Wine & Spirits Fair, organised by the Hong Kong Trade Development Council (HKTDC), concluded yesterday. The three-day Fair attracted some 8,200 trade buyers from 61 countries and regions. Yesterday’s public day attracted some 10,000 visitors aged 18 and above, who enjoyed fine alcoholic beverages from around the world and participated in master classes, tasting sessions, and seminars in the Wine Fiesta zone. This reflects the Fair’s important role as a trade and promotional platform.Sophia Chong, Deputy Executive Director of the HKTDC, said: “This year's Fair has attracted more than 8,200 trade buyers. The number of buyers from some countries and regions increased, including ASEAN countries such as Indonesia, Thailand, Malaysia, the Philippines and Vietnam, as well as Japan, Taiwan, Mainland China and more. Global buyers are keen to come to Hong Kong to participate in the Wine and Spirits Fair, promoting Hong Kong as a regional trading hub for wines and spirits.”Ms Chong added: “The latest Policy Address announced a lower duty rate for liquor, which is expected to enhance the trade of high-end spirits. More than one quarter of exhibitors at the Fair brought spirits from around the world, including Chinese baijiu, whisky, vodka, brandy and more. We are glad to see that so many exhibitors and buyers interacted with each other, seizing the business opportunities brought about by the new policy.”Importers, wholesalers, retailers and e-commerce buyers who attended the Fair included: Awin Barratt Siegel Wine Agencies from the United Kingdom; Grupo Alpom Importaciones SL from Spain; Le Clos (MMI) from the United Arab Emirates; ASC Fine Wine (Shanghai) Ltd, Beijing WJ E-Commerce Co, Ltd. and Vinehoo (Chongqing) Co. Ltd. from Mainland China; Mercian Corporation from Japan; Thevincsr from Korea; Luen Heng F&B Sdn Bhd from Malaysia; Wine Creek Pte Ltd. from Singapore; Thai Beverage Distribution Co Ltd from Thailand; Phu & EM Group from Vietnam and more.Trading and marketing opportunities for spirits exhibitorsThis year’s Fair showcased a wide selection of Chinese baijiu from various regions, including Moutai and Zhenjiu from Guizhou, Fenjiu from Shanxi and “Zhongmao” from Sichuan. Exhibitors are capitalising on the Government's reduction in liquor duty to expand their business opportunities.Guizhou Jin Jiao Liquor Industry (Group) Co,. Ltd which specialises in high-end Chinese baijiu, reached a strategic agreement with Hong Kong distributor Wines up Shoppers Group. Guizhou Jin Jiao Liquor’s CEO Xu Xinzhou said that the anticipated collaboration amount is expected to reach at least RMB10 million in one year, helping the company expand its overseas market. Matthew Lun, CEO from Wines up Shoppers, said, “Chinese baijiu holds significant potential in the global Chinese market. We plan to capitalise on the Government’s recent reduction in liquor tax to tap into this market and promote Chinese baijiu, a traditional cultural product, throughout Southeast Asia and beyond.” Guizhou Jin Jiao also identified another Hong Kong buyer through the Fair, aiming to distribute its baijiu in Hong Kong. The two parties will negotiate a first-year business agreement valued at around RMB2 million.Irish whiskey exhibitor Clonakilty Distillery Ltd made its first appearance at the Fair. Company founder Michael Scully said that they have identified about 30 potential buyers from around the world within a day and a half. “The slashing of liquor tax is excellent news, demonstrating to the world that Hong Kong is dedicated to establishing itself as a trading hub for premium wines and spirits in Asia,” he said.“We met a major buyer who distributes alcoholic beverages in both Hong Kong and Mainland China, and we expect him to place an initial order of around EUR100,000 in which some of the high-end whiskies will benefit from the new taxation and enjoy a lower tax rate while being imported to Hong Kong. We believe that the tax reduction has significantly increased the interest of buyers.” Mr Scully also estimated that he could secure orders worth approximately EUR1 million within a few years through the Fair.50 events were held during the Fair, with 12 of these related to spirits. At a seminar themed "A Review and Outlook of the HK Spirits Market (Taste Changes and Taxation)", speakers noted that Hong Kong's reduction of duty on high-end spirits has prompted many businesses in the industry to immediately lower their prices, which helps stimulate demand for spirits.The Fair also presented fine wines from Mainland China, including wines from Ningxia, Yantai in Shandong, Xinjiang and Yunnan, as well as yellow wine from Shaoxing. Chateau Xianghai, a wine exhibitor from Xinjiang, connected with potential buyers from the United States as well as Malaysia and Vietnam from the ASEAN Region. The company’s General Manager Guo Cong said, “The Fair is an international platform providing us with numerous opportunities to expand into overseas markets.”Diverse fine wines and spirits to meet buyer demandTo meet consumers' and buyers’ diverse preferences for alcoholic beverages, the Fair presented an extensive selection of global offerings. These included Old World wines from the Czech Republic, France, Germany and Italy, and New World wines from Australia, South Africa and the United States, as well as whiskey from Ireland. There were also dedicated buyers for sake, gin, plum wine and shochu from Japan, along with tequila from Mexico.Participating for the first time in the Wine and Spirits Fair, Czech exhibitor THAYA vinarstvi, spol. s r.o. engaged with around 50 buyers in just one day and a half, with over 10 showing potential for collaboration. THAYA's Chief Operating Officer, Ing. Vit Travnicek said, “The Sommeliers’ Picks is a great initiative. One of our white wines is featured on the list, and several buyers came specifically to source based on the list.”He also mentioned that the company has just started to explore the Asian market. They have successfully connected with potential buyers from Mainland China, Hong Kong, India, Malaysia, Japan, Singapore and Vietnam during their very first time at the Fair, "We participate in eight wine exhibitions each year, and this one stands out as the most international."Sambath Sothea, CEO of Auskhmer Import Export Co., Ltd, a buyer from Cambodia, stated that he has a fruitful experience at the Fair and has identified four potential suppliers. He plans to purchase products worth approximately US$50,000, including Japanese sake and wines from Italy and Georgia.Seminars explored consumer demands and sustainable developmentA seminar hosted by Master of Wine Debra Meiburg explored consumption trends and preferences among Gen Z and millennials, an emerging consumer group. Industry representatives speaking at the event noted that young adults have a strong preference for cocktails. The vibrant colours of cocktails are perfect for sharing on social media, allowing the industry to achieve significant promotional results.Lan Kwai Fong (LKF) Concepts crafted a special cocktail, HK & Suit, for yesterday's public day. Many visitors tried it, fostering a lively atmosphere.Sustainability has become a significant industry trend. At a seminar on promoting sustainable wine, a renowned sommelier and alcoholic beverage manufacturer emphasised that providing information on sustainable wine and spirits-making would enhance consumer confidence in the market.Under the EXHIBITION+ hybrid mode, buyers could use the Scan2Match function of the HKTDC Marketplace App to scan exhibitors’ unique QR codes during the physical exhibition. They could also bookmark favourite exhibitors, browse product information and continue discussions with exhibitors online after the show. Exhibitors and buyers can also engage in online business negotiations and matching through the Click2Match smart business matching platform until 16 November.Photo download: https://bit.ly/4fpgZ9GThe Hong Kong International Wine & Spirits Fair concluded yesterday. The three-day Fair attracted some 8,200 trade buyers from 61 countries and regions. Some 10,000 members of the public visited yesterday’s public day to enjoy fine wine and spirits from around the globeMore than 600 exhibitors from 20 countries and regions took part in this year’s FairThis year’s Fair exhibited Chinese fine wine and baijiu such as Guizhou Moutai and Zhenjiu, providing more choices for international buyers50 events and conferences took place during the Fair. Stef Yim (pictured), the first Hong Kong winemaker to establish a winery at the volcano in Sicily, Italy, shared his winemaking journey and invited attendees to taste his wine.Members of the public savoured the HK & Suit cocktail specially crafted for the Fair by Lan Kwai Fong (LKF) ConceptsPublic day, on the final day of the Fair, allowed members of the public to sample wines and spirits around the globe, including Japanese sake, at the Wine Fiesta ZoneWine Master Jennifer Docherty hosted a blind wine-tasting training session during the Fair. In another event, Nelson Chow, Billy Yeung and Ricky Tsui, three experts from different wine fields, discussed the career path of a sommelierThe Fair hosted several wine prize presentation ceremonies and competitions, including the Cathay Hong Kong International Wine and Spirit Competition 2024 Award Presentation Ceremony The inaugural Sommeliers’ Picks engaged three renowned sommeliers to recommend their favourite wine and spirits lists to industry professionals and the public. Many of these exquisite wine and spirits selected by the sommeliers attracted visitors to taste and purchase themHKTDC Media Room: mediaroom.hktdc.comWebsiteHong Kong International Wine & Spirits Fair: https://www.hktdc.com/event/hkwinefair/enMedia enquiriesPlease contact the HKTDC’s Communications & Public Affairs Department:Kelly ShekTel: (852) 2584 4537Email: kelly.yt.shek@hktdc.orgSnowy ChanTel: (852) 2584 4525Email: snowy.sn.chan@hktdc.orgAbout HKTDC The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
The 32nd Hong Kong International Optical Fair attracts some 13,000 buyers

The 32nd Hong Kong International Optical Fair attracts some 13,000 buyers

- Optical Fair attracted some 13,000 buyers from 94 countries and regions- Buyers enjoyed convenient procurement through three new thematic labels and 12 product zones- Winner of the 24th Hong Kong Eyewear Design Competition announcedHONG KONG, Nov 8, 2024 - (ACN Newswire via SeaPRwire.com) - The 32nd Hong Kong International Optical Fair, organised by the Hong Kong Trade Development Council (HKTDC) and co-organised by the Hong Kong Optical Manufacturers Association (HKOMA), came to a successful conclusion today, attracting some 13,000 buyers from 94 countries and regions.Sophia Chong, HKTDC Deputy Executive Director said: “We have been delighted to welcome international buyers to source new products at the Fair. Among them, buyers from ASEAN markets, including Indonesia, Singapore and Thailand; and buyers from Australia, Japan and Taiwan recorded an increase. This reinforces Hong Kong’s advantage in internalisation and the Fair’s continuing role as a premier sourcing platform for the industry.”Three New Thematic Labels Enhance ProcurementThis year’s Optical Fair featured 12 product zones showcasing a diverse variety of eyewear products, and added three thematic labels - Green Solutions Suppliers, Smart Eyewear and Smart Ageing Products. Through this classification, buyers could effortlessly locate products that reflect the latest industry trends and keep pace with consumer demand.The adoption of environmentally friendly, sustainable and recycled materials is a long-term trend in the industry. Hong Kong exhibitor Winky International provides biodegradable and bio-based eyewear and its founder and creative director Kevin Ching said that the Green Solutions Supplier label helped them to attract European buyers looking for eco-friendly products. He related that the number of buyers visiting their booth increased by 10% compared to last year and a new buyer from Malaysia had placed an onsite order. Moreover, he expected that the company can form partnerships with 8-10 new distributors after the fair and that sales generated by this year’s fair will grow by 50% over last year’s fair.With the rapid development of science and technology, eyewear integrated with smart and innovative features is becoming part of everyday life. Kenny Cheung, General Manager of Solos Technology from Hong Kong, said: “We are showcasing AirGo™ Vision, a smart eyewear featuring ChatGPT-4o functionality. This innovative product has drawn significant interest from international buyers, and we anticipate partnerships with over 10 buyers from Hong Kong, Italy, Japan, Korea, Mainland China, Malaysia, and the UK. AirGo™ Vision appeals not only to young users but also to elderly and visually impaired individuals, opening up new business opportunities in the silver market.”Arikan Saat, a large wholesaler and distributor from Türkiye is a regular fair attendee and the company’s owner, Mahmut Arikan, said: “This year, we discovered many new designs. We have already placed onsite orders totalling US$200,000 with 13 existing suppliers and seven new suppliers for optical frames, sunglasses, and clip-ons. After the fair, we plan to purchase an additional US$1 million worth of new products from other suppliers.”ONE ZERO ONE Trading is a distributor of branded eyewear and also markets its own brand in Vietnam. The company’s president, Cuong Timothy Tran, said that they confirmed orders with eight suppliers totalling US$195,000, primarily for acetate and titanium optical frames, eyewear cases, and cleaning cloths. He said the Click2Match platform facilitated efficient onsite deal-making and pre-event research. Additionally, he utilised the Scan2Match function in the HKTDC Marketplace App to initiate conversations with over 10 exhibitors via the messaging feature.“Be Bold” Design CompetitionTo elevate Hong Kong’s design capability, foster innovation, and promote local designers to international buyers, the HKTDC and HKOMA organised the 24th Hong Kong Eyewear Design Competition under the theme of Be Bold and announced the results during the Fair.The winner in the Open Group was the Ceramic Eyewear range by Lin Dianqun, designer at Arts Optical. Inspired by classic Chinese ceramic art, the design combines the elegance of blue-and-white porcelain with the warm and simple light green hue characteristic of Northern Song dynasty ceramic ware. It also won the Creativity Award and the Made-to-Sell Award. In the Student Group, Zhu Junbin from the Hong Kong Design Institute, won with ECHOL LIGHT, an eyewear product specially designed for the visually impaired. The eyewear features three ultrasonic-emitting devices, which use echolocation to detect obstacles and transmit information through bone conduction headphones. Users can adjust the intensity of ultrasound waves in different environments.Under the EXHIBITION+ hybrid model, exhibitors and buyers can meet online through the HKTDC Click2Match smart business matching platform until 15 November. Buyers can also scan exhibitor QR codes in the HKTDC Marketplace App to engage with exhibitors after the fair to continue their sourcing journey.Photo download: http://bit.ly/3AvqtRsThe 32nd Hong Kong International Optical Fair attracted some 13,000 buyers from 94 countries and regionsThe Brand Name Gallery showcased a curated selection of over 200 renowned brands from all corners of the globeThe exhibition included multiple pavilions representing Mainland China, Taiwan, Japan, Korea, the Visionaries of Style, and the Hong Kong Optical Manufacturers Association. This event provided valuable networking opportunities for buyers and suppliersUnder the theme “Myopia – From Control to Prevention, Where Are We Now?”, the 22nd Hong Kong International Optometric Symposium invited experts from Mainland China, Hong Kong, Australia, Germany to share the latest research. Dr Simon TANG, Director of Cluster Services, Hospital Authority delivered opening remarksThe 24th Hong Kong Eyewear Design Competition award ceremony was held to recognise outstanding designThe Fair introduced the "Green Booth Design Award" to commend exhibitors for reducing the environmental footprint of their exhibition booth. This year’s winners are: (Above) United Creation Optical (Gold), Obe (HK) (Silver) and Arts Optical (Bronze)Apart from numerous seminars and eyewear parades, the Asia Pacific Eye Health Summit (Hong Kong) and the Greater Bay Area Optometric Practice Development Forum were held for the first time to explore the latest trends and opportunities in eye health within the Greater Bay AreaWebsites:The 32nd Hong Kong International Optical Fair: https://www.hktdc.com/event/hkopticalfair/enResult of the 24th Hong Kong Eyewear Design Competition: https://tinyurl.com/354ezmjbThe 22nd Hong Kong International Optometric Symposium: https://tinyurl.com/38vskpkmThe HKTDC’s Media Room: http://mediaroom.hktdc.com/enMedia enquiriesPlease contact the HKTDC’s Communications and Public Affairs Department:Johnny TsuiTel: (852) 2584 4395johnny.cy.tsui@hktdc.orgSharon HaTel: (852) 2584 4575sharon.mt.ha@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
COP29 Climate Change Conference Must Address Acute Challenges of Developing Countries Such as Bangladesh – Summit Power International Limited

COP29 Climate Change Conference Must Address Acute Challenges of Developing Countries Such as Bangladesh – Summit Power International Limited

Dhaka, Bangladesh, Nov 9, 2024 - (ACN Newswire via SeaPRwire.com) - The U.N. Climate Change Conference next week needs to urgently address major gaps in funding and technology and adopt fresh approaches to meet the challenges of developing countries with vulnerable communities such as Bangladesh, Summit Power International Limited (“SPIL”), the country’s largest private sector power generation company, said today.Singapore-headquartered SPIL, the leading foreign direct investor in Bangladesh’s power sector, said it hoped the widely anticipated COP29 Climate Change Conference starting 11 November in Azerbaijan will lead to an actionable agenda that can balance global net zero targets with the needs of poorer countries seeking to eradicate poverty and create jobs on an accelerated scale.SPIL operates 18 power plants with a combined capacity of 2,255 MW or approximately 17% of the total installed private power generation capacity in the country of 173 million people. As a responsible company with a strong track record of providing energy and power to Bangladesh, SPIL is acutely aware of the international initiatives to de-carbonise.At COP21 in 2015, 196 countries signed the Paris Agreement with collective commitments to limit global warming. However, subsequent global financing initiatives have been deadlocked. Among the key initiatives of COP29 is a New Collective Quantified Goal to deliver substantive climate financing to regions that need it most.Beyond the pledges, global climate goals must also take into consideration challenges unique to each country, especially the lesser developed, said SPIL. Prior to COP29, SPIL had outlined its internal Climate Action Plan to support Bangladesh’s stated goal (declared at the COP26 in Glasgow in 2021) to achieve up to 40% of clean energy use in its power generation mix by 2041.“Both the national and SPIL’s own de-carbonisation targets have to be viewed against the backdrop of the pandemic and subsequent supply chain disruptions as well as the conflict in Ukraine which drove up prices of fossil fuels. Bangladesh, which has to contend with cyclones and flooding on a regular basis, has felt the impact of such disruptions more acutely than most other countries.“We hope COP29 – whose leaders have promised engagement, ambition, and action – will address decisively real-world issues from the perspective of developing nations and responsible corporates involved in the energy eco-system, such as SPIL. We look forward to holistic approaches that avoid a one-size-fits-all mindset,” SPIL said.SPIL’s Founder and Chairman, Mr Muhammed Aziz Khan, a Singapore citizen, said: “We hope COP29 adopts approaches fairly and equitably to address the social and economic impact, particularly for vulnerable communities and workers in fossil fuel industries in developing countries. A just energy transition must promote circular economy principles that benefit local populations to ensure resilience.Second, international organisations, governments, and corporations must provide funding and technology to support the energy transition. For developing countries such as Bangladesh, such approaches must combine development finance and foreign direct investments.Third, different regions will have different timelines to progress towards net zero. For the near term, Bangladesh’s power sector – which has been facing issues of imbalance of supply and demand and delays in payments – needs to reduce dependence on coal or heavy fuel oil and increase usage of natural gas which is less carbon-intensive, even as it pursues initiatives in renewable energy.”As part of its Climate Action Plan, SPIL has committed not to develop new fuel-fired power plants in Bangladesh. It will also reduce its Scope 1 and Scope 2 emissions by 10% by 2030 as compared to its 2021 baseline and plans to derive 40% of its energy generation portfolio from clean energy sources by 2040. SPIL has also formed a Sustainability Task Force under the leadership of the CEO.While recognising geographical limitations in Bangladesh for large-scale solar or wind farms, SPIL has outlined plans to invest or obtain international financial support for up to USD 3 billion in renewable energy projects in the country.About Summit Power International Limited (“SPIL”)SPIL is the largest Independent Power Producer (IPP) in Bangladesh, reflecting 17% of the country's total private installed capacity and 7% of the country’s total installed capacity. SPIL owns and operates a total of 18 power plants with a combined generation capacity of 2,255MW. It also operates Bangladesh’s second Floating Storage and Regasification Unit (FSRU) and LNG import terminal with daily regasification capacity of 500 million cubic feet.SPIL is a privately-held Singapore-registered company that is 78%-owned by the family of Mr Muhammed Aziz Khan. In 2016 SPIL acquired Bangladesh-registered Summit Corporation Ltd (SCL) in a transaction that was financed primarily by International Finance Corporation, the World Bank’s private sector arm. SCL holds various infrastructure assets in Bangladesh. In 2019, JERA Co., Inc., Japan’s largest power generation company, acquired a 22%-stake in SPIL and remains its second largest shareholder to date.Learn more at: www.summitpowerinternational.com Media ContactWeR1 Consultants Pte LtdWhatsApp (Text): (+65) 9748 0688Email: summit@wer1.net Copyright 2024 ACN Newswire via SeaPRwire.com.
More
MANAMAURI, the High-Quality Energy Drink Brand, Joins EastBridge Global Investments for Major International Expansion

MANAMAURI, the High-Quality Energy Drink Brand, Joins EastBridge Global Investments for Major International Expansion

BRUSSELS, BELGIUM, Nov 9, 2024 - (ACN Newswire via SeaPRwire.com) - MANAMAURI, the energy drink brand known for its commitment to high quality and smart pricing, has officially finalized an acquisition agreement with a subsidiary of EastBridge Global Investments. This strategic partnership empowers MANAMAURI to scale globally, remaining true to its founding values of exceptional product standards, accessibility, and support for emerging sports talent.MANAMAURI LOGO"MANAMAURI was established with a clear mission: to deliver premium energy products with an intelligent pricing model, making quality accessible without compromising our values," shared a spokesperson for MANAMAURI. "We've managed to grow steadily while maintaining lean operations, focusing on efficient structures that keep unnecessary costs low. The success we've achieved in just a few years has inspired us to embrace a larger, global vision."The transition of ownership has been completed, with the support of the original shareholders, who remain available to provide assistance to the new management as needed. This ensures a seamless continuation of MANAMAURI's operations and strategic direction. To drive this expansion, EastBridge has ambitious plans to establish three new production facilities in Africa, the Middle East, and Asia. These new facilities will boost MANAMAURI's production capacity while fostering community development and employment opportunities in regions with high growth potential, such as Africa. MANAMAURI has long invested in visibility across various sports, strengthening its presence beyond just motorsports.In addition to a GT3 endurance racing team that won last year's Middle East Endurance Championship (where the majority of ownership remains with South American stakeholders), MANAMAURI has steadily expanded its involvement to include football, mountaineering, volleyball, and motocross. By supporting skilled athletes in underrepresented or emerging sports, the brand remains committed to elevating sports that often receive limited sponsorship and recognition.As part of its growth strategy, MANAMAURI will soon launch a new product line that continues its dedication to natural and sustainable choices, aligned with EastBridge's commitment to responsible business practices. The upcoming products include:Vitamin Water: delivering a quick, healthy recharge using only the finest natural ingredients.Pre-workout Drink: formulated to support peak performance with a blend of natural and essential nutrients.Mineral Supplements: focused on hydration and recovery, derived from premium, natural mineral sources.High-Quality Fruit Juices: crafted with 100% natural ingredients, free from artificial additives or preservatives, providing a pure, energizing experience that embodies MANAMAURI's core values.About MANAMAURIFounded with a vision to bring high-quality energy products to market at a fair, accessible price, MANAMAURI has gained significant traction for its innovative, efficient approach to product quality and pricing. With EastBridge Global Investments on board, MANAMAURI is ready to expand internationally while staying true to its roots and dedication to supporting emerging athletic talent.About EastBridge Global InvestmentsEastBridge Global Investments focuses on supporting the sustainable growth of emerging brands across Asia, Africa, and the Middle East. By providing targeted resources and industry connections, EastBridge empowers brands like MANAMAURI to reach new heights while upholding their founding principles.Contact InformationAlistair VaughnMARKETING AND MEDIAmarketing@manamauri.com+13107421384SOURCE: MANAMAURI ENERGY Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Military Metals Announces Appointment of Mark Saxon to Its Board of Directors

Military Metals Announces Appointment of Mark Saxon to Its Board of Directors

Vancouver, British Columbia--(ACN Newswire via SeaPRwire.com - November 7, 2024) - Military Metals Corp. (CSE: MILI) (OTCQB: MILIF) (FSE: QN90) (the "Company" or "Military") is pleased to announce that Mark Saxon has been appointed to its Board of Directors (the "Board") as an independent director. Mr. Saxon's appointment increases the Board to a total of five seats.Scott Eldridge, Chief Executive Officer of the Company, commented, "On behalf of the board and our shareholders I am excited to welcome Mark Saxon to our board of directors. Mark has an extensive technical background in critical metals in combination with decades of capital markets experience in both Canada and Australia. He is a welcome addition to our team and will help deliver on our strategy of contributing to global antimony markets through the exploration and development of brownfields projects in multiple countries. He was the QP for the recent NI 43-101 report on the exciting Sunday Creek antimony-gold discovery of Southern Cross Gold (ASX: SXG) and Mawson Gold (TSXV: MAW)."Mr. Saxon has 30 years of experience in exploration and resource geology, with the past decade in CEO and leadership roles in Canadian and Australian public companies. After graduating from the University of Melbourne in 1991 with a First Class Bachelor of Science (Honours) in geology, he has worked globally with a particular focus on critical raw materials and their supply chains. He brings a very strong track record of discovery with T2 Metals Corp, Mawson Gold Ltd, Tasman Metals Ltd, and Tinka Resources Ltd across rare earth elements, lithium, base metals and gold.Military has granted Mark Saxon 200,000 common share stock options at $0.95 per share. The stock options, which vest immediately, are for a period of 5 years and are subject to a 4 month hold period pursuant to the rules of the CSE.Further UpdatesThe Company also reports that the bore hole EM geophysical survey on historical collars has been completed on its Manson Bay Project, interpretation of the results are underway and will be released at a later date.To help honour the immeasurable sacrifices our Veterans and their families made during times of need, the Company has made a corporate donation to the Digital Poppy Campaign managed by The Legion National Foundation. The Company encourages its followers to do the same in honour of our Veterans, more information is available by email at info@LNFCanada.ca or toll free at 1 (888) 596 - 0217.About Military Metals Corp. The Company is a British Columbia-based mineral exploration company that is primarily engaged in the acquisition, exploration and development of mineral properties with a focus on critical minerals such as copper and antimony, as well as gold.ON BEHALF OF THE BOARD of DIRECTORSFor more information, please contact:Scott EldridgeCEO and Directorscott@militarymetalscorp.comFor enquiries, please call 604-722-5381 or 604-537-7556This news release contains "forward-looking information". Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. A variety of factors, including known and unknown risks, many of which are beyond our control, could cause actual results to differ materially from the forward-looking information in this news release. Additional risk factors can also be found in the Company's public filings under the Company's SEDAR+ profile at www.sedarplus.ca. Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances, management's estimates or opinions should change, except as required by securities legislation. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.The Canadian Securities Exchange has neither approved nor disapproved the information contained herein and does not accept responsibility for the adequacy or accuracy of this news releaseTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/229155 Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Seamless Shopping for K-Culture Lovers: Bringko Expands Cross-Border Services with New Free Shipping Promotion

Seamless Shopping for K-Culture Lovers: Bringko Expands Cross-Border Services with New Free Shipping Promotion

SEOUL, S.KOREA, Nov 9, 2024 - (ACN Newswire via SeaPRwire.com) - Bringko, Korea's signature cross-border e-commerce platform, provides a service where global consumers can quickly, conveniently, and economically purchase Korean products - just as its name suggests - 'Bring Korea'. Bringko has positioned itself as an integral shopping platform among overseas Koreans and foreigners who need diverse Korean products such as K-beauty, K-food, and K-pop.Through its patented and self-owned server system, Bringko allows its clients to add products from Approximately 200 Korean-renowned online shopping malls to virtual carts. Bringko's system then guides the products to be conveniently purchased through major global credit cards or PayPal. When all the ordered products arrive at Bringko's logistics center, they are packaged in bulk through global courier services such as FedEx and UPS for quick delivery overseas. Such a convenient process has positioned Bringko as Korea's cross-border e-commerce market leader for the last four years.While some Korean products can be purchased overseas from offline markets, group purchases, or online channels, it is difficult to encounter up-to-date products in time. Since it takes a long time for Korean products to enter overseas offline markets, they are likely to be outdated by the time they reach the sales aisles. On the other hand, Bringko is the only platform where real-time purchases of recent Korean products on OTT channels or K-pop content are available, thus proving its charm to many trend-sensitive consumers.Another advantage of Bringko is that it provides up-to-date products, steady sellers, and popular products scarce outside of Korea at a reasonable price. To enable such service, Bringko has been offering major products such as K-beauty products, health products, quilts, underwear, food, etc at cheap prices for foreign consumers by coalescing with diverse brands. In particular, Bringko enables clients to enjoy shopping without the burden of overseas shipping costs through their 'free overseas shipping' promotion.Bringko's differentiated service provides more accessibility to foreign consumers and plans to offer recent Korean trends accompanied by the global K-culture fad to more global clients in real-time.Media contactBringko Inc.Jiwon GoWebsite: https://Bringko.com/pc/ Copyright 2024 ACN Newswire via SeaPRwire.com.
More

ITC’s Final Decision Confirms Innoscience’s Customers Remain Unaffected by the Innoscience-EPC Patent Row

HONG KONG, Nov 8, 2024 - (ACN Newswire via SeaPRwire.com) - Innoscience Technology, a company founded to create a global energy ecosystem based on high-performance, low-cost, gallium-nitride-on-silicon (GaN-on-Si) power solutions, announced today that the U.S. International Trade Commission’s (“ITC”) November 7, 2024 final determination has confirmed the ability of Innoscience’s customers to import their products into U.S. remain unaffected by the ongoing patent dispute between Innoscience and Efficient Power Conversion Corporation (“EPC”).In May last year, EPC launched a lawsuit against Innoscience at the ITC, falsely alleging infringement of EPC’s ’508 and ’294 patents. Following an administrative law judge’s initial determination in the past July finding no infringement of claim 1 (the only asserted claim) of the ’508 patent, the latest ITC final determination once again affirmed no violation as to this patent—a huge success for Innoscience.The final determination, however, affirmed the part of the judge’s initial determination that found violation as to claims 2 and 3 the ’294 patent. The ITC hence has determined to issue a limited exclusion order prohibiting importation of certain accused Innoscience chips. Innoscience disagrees with and will appeal this ruling. This is at least because the ‘294 patent is invalid. Indeed, the U.S Patent and Trademark Office (“USPTO”) instituted an inter partes review (“IPR”) challenging all claims of the ’294 patent under four different grounds and has agreed with Innoscience’s invalidity arguments. The ’294 IPR decision will issue in March 2025.Innoscience also notes it is established U.S. law that the limited exclusion order does not prohibit Innoscience’s customers from importing end products that use the accused chips. Moreover, since the final decision clarified the meaning of the claim term “compensated GaN layer,” which is at the center of the dispute surrounding the ’294 patent, it has provided clear guidance for Innoscience to design around the ’294 patent by avoiding use of the “compensated GaN layer.” Innoscience already has the design around in place and will release the new products soon. Accordingly, the EPC litigation shall have no impact on Innoscience’s customers. Moreover, Innoscience will continue to solve the dispute with EPC through appeals in court and invalidity challenges at the USPTO, and is confident that it will achieve a final complete victory. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Dynasty Wins One Silver and One Bronze Medals at 2024 HKIWSC

Dynasty Wins One Silver and One Bronze Medals at 2024 HKIWSC

HONG KONG, Nov 8, 2024 - (ACN Newswire via SeaPRwire.com) - Dynasty Fine Wines Group Limited (“Dynasty” or the “Group”) (Stock Code: 00828), a premier winemaker in China, is pleased to announce that its "Dynasty 5 Degree Anniversary Sparkling Wine" and "Dynasty Inherit Series - Semi Dry White Wine" have won the Silver Medal in the Sparkling Wine/China category and the Bronze Medal in the Medium/China category at the 2024 Cathay Hong Kong International Wine & Spirit Competition (“HKIWSC”). This is the 14th consecutive year that Dynasty products have won awards at the event. In addition, the award-winning "Dynasty 5 Degree Anniversary Sparkling Wine" and "Dynasty Inherit Series - Semi Dry White Wine" also won the Silver Medal in the Chinese Sweet Wine and Other Spirits category and the Grand Gold Medal in the Chinese Blended Dry White Wine category at the "2024 Fall FIWA, FIWA Bio & FISA".A sister competition of the world-renowned International Wine & Spirit Competition (“IWSC”), HKIWSC is the best-known premium wine and spirits competition in Asia, designed for the booming Asian market. The judging panel this year comprised 56 top industry experts, including wine masters, sommeliers, top international wine and spirits judges, leading figures in the food and beverage industry, etc. They selected the best from all the competing wine samples from 31 countries, presenting Asian consumers with the most authoritative guide to wines and spirits. In addition, the annual “FIWA, FIWA Bio & FISA” held in Paris, France, is the only international competition in France that is prefixed with “France” and open to wineries and wine merchants from all over the world. Experienced and renowned wine-tasting experts conduct the judging and evaluation, and the French Customs Administration supervises the competition, to ensure that it is rigorous and fair.Mr. Wan Shoupeng, Chairman of Dynasty, said, "The fact that ‘Dynasty 5 Degree Anniversary Sparkling Wine’ and ‘Dynasty Inherit Series - Semi Dry White Wine’ have won awards at two prestigious industry competitions strongly demonstrates the wine industry's recognition of the premium quality and craftsmanship of Dynasty wines. In the future, the Group will continue to improve winemaking technology and innovate marketing strategies to enhance Dynasty product quality and reputation, stimulate brand vitality, and promote unique and excellent Chinese wines on the world stage.”Below are the Dynasty products that won awards at the “2024 HKIWSC” and “2024 Fall FIWA, FIWA Bio & FISA”:About Dynasty Fine Wines Group LimitedDynasty Fine Wines Group Limited was listed on the Main Board of The Stock Exchange of Hong Kong Limited with the stock code 00828 on 26 January 2005. Founded in 1980, Dynasty is the premier grape winemaker in China. It is principally engaged in the production and sale of grape wine products under its reputable “Dynasty” brand. Dynasty is the first Sino-foreign joint venture wine company in China with Tianjin Food Group Limited and the French grape wine giant, Remy Cointreau, as its current major shareholders. The Group produces and sells more than 100 grape wine product series, and introduces imported wine products, providing high-quality and value-for-money grape wines to the full range of consumer groups in China.In recent years, Dynasty has won many industry and market awards, including:YearAwards2019- Dynasty Premier Royal Selection – Cabernet Sauvignon Reserve 2008 and Dynasty 5° Sparkling Wine won two Silver Awards at the “Belt & Road Wine & Spirits Awards”- Dynasty Wisemenship Collection – Modesta won the Commended Award at the “Decanter Asia Wine Awards”- Dynasty Merlot Series – Gold Label 2009, Dynasty Wisemenship Collection – Modesta 2010 and Dynasty 5° Sparkling Wine have won one Silver Award and two Bronze Awards at the “Cathay Pacific HKIWSC”- Four wines won Bronze Awards at the “HKGCWS Wine & Spirits Judging Awards”2020- Six wines won one Platinum Award, one Gold Award, two Silver Awards, one Bronze Award and one Seal of Approval at the “Wine.Luxe International Awards”- Dynasty X.O. 18 Years Old Brandy won the Grand Gold Award at the “2020 International Wine Grand Challenge”- Dynasty won a Silver Award and two Bronze Awards at “The Asian Cabernet Sauvignon Masters” and “The Asian Sparkling Wine Masters” hosted by The Drinks Business Asia- Dynasty garnered two Silver Awards and two Bronze Awards at the “2020 HKIWSC”2021- Dynasty won two Gold Awards, one Silver Award and two Bronze Awards at the “Wine.Luxe International Awards 2020”- Dynasty won three Silver Awards at “The Asian Cabernet Sauvignon Masters 2021”and “The DB Asia Summer Tasting 2021” hosted by the Drinks Business Asia- Dynasty Garnered Two Silver Awards at the “2021 HKIWSC”2022- Dynasty won two Silver Awards at “The Asian Cabernet Sauvignon Masters 2022” hosted by the Drinks Business Asia- “Dynasty Dry Red Wine – Seven-Year Reserve” won the Gold Medal at the “International Wine Grand Challenge (IWGC (China))”- Dynasty Garnered Two Bronze Awards at the “2022 HKIWSC”2023- Dynasty Garnered Two Bronze Awards at the 2023 IWSC for the first time- Dynasty won the Master Medal, Silver Medal and Bronze Medal at “The Asian Sparkling Masters 2023” and “The Asian Cabernet Sauvignon Masters 2023” hosted by the Drinks Business Asia- Dynasty won the Gold Medal at the “25th Spirits Selection by Concours Mondial de Bruxelles”- Dynasty won one Gold Medal and two Bronze Medals at the “2023 HKIWSC”2024- Dynasty won the Silver Medal and Bronze Medal at “The Asian Chardonnay Masters 2024” and “The Asian Cabernet Sauvignon Masters 2024” hosted by the Drinks Business Asia- Dynasty won one Gold Award and one Bronze Award at the 2024 IWSC- Dynasty won one Grand Gold and one Silver Medals at the "2024 Fall FIWA, FIWA Bio & FISA"- Dynasty won one Silver and one Bronze Medals at the "2024 HKIWSC" Copyright 2024 ACN Newswire via SeaPRwire.com.
More

ArborChat Outperforms the Market by 750 Basis Points Over a Year

HONG KONG, Nov 8, 2024 - (ACN Newswire via SeaPRwire.com) - ArborChat ("Arbor" or "ArborChat"), an advanced AI chatbot designed to answer stock market questions, has demonstrated groundbreaking performance, generating 41.75% profit in the last year compared to a benchmark return of 34.25%. Powered by proprietary Large Language Model (LLM) enhanced system and a unique “ThoughtTree” deep research process, ArborChat is poised to revolutionise investment strategies for both retail and institutional investors.ArborChat leverages deep processing of financial databases and professional analysis techniques, allowing it to deliver more accurate and comprehensive investment analysis than general-purpose chatbots. It’s free to trial, with options to upgrade for additional question quotas and API connectivity for more advanced tasks such as portfolio monitoring.Proven Success Through Comprehensive Back-TestingThe performance of ArborChat is supported by a model portfolio in the last year using the index constituent stocks of Bloomberg 100 Index, which represents the top 100 leading U.S. companies. ArborChat's recommendations consistently outperformed the market:- Model Portfolio Setup: The backtesting used the Bloomberg 100 Index constituent stocks as a benchmark. ArborChat conducted a fundamental value investment analysis each week from October 2023 to September 2024. At the end of each week, the model issued buy, sell, or hold signals on each of the Bloomberg 100 constituent stocks. ArborChat adjusted the weights weekly based on the signals.- Model Portfolio Results: A portfolio adjusted according to ArborChat’s buy/sell/hold signals delivered an impressive 41.75% profit versus the benchmark return of 34.25%. This is equivalent to an excess return of 750bps.Shaping the Future of Investment: All investments will be AI-assisted“In ten years, it's impossible to imagine a world without AI as everyone's investment assistant. We are just at the beginning of what AI can achieve in investing,” said CHENG Ki Sum, CEO of Arbor, envisioning a future where AI seamlessly augments every investor's decision-making process. The tool combines decades of financial expertise with cutting-edge LLM technology, creating a powerful solution for both retail and institutional investors.“This is a new age of AI-driven investment. ArborChat’s unique deep reasoning capability has, for the first time in history, brought machine-driven decision-making from quantitative strategies to fundamental investing—an approach that historically could only be mastered by professional human investors like Warren Buffett.” said Jake Chan, President of Arbor. “We’re excited to partner with forward-thinking institutions, including asset managers, private banks, and family offices, to integrate this groundbreaking capability into their existing investment processes and systems.”Beyond its immediate capabilities, ArborChat is expanding its influence across the financial sector by collaborating with banks, funds, and research teams. The goal is to incorporate LLM-driven answerability into existing investment processes, including universe screening, portfolio monitoring, and robo-advisory services. ArborChat’s API allows these institutions to integrate its powerful, AI-driven insights directly into their workflows, empowering both advisors and customers with advanced financial analysis.As more institutions begin to embrace AI-driven processes, ArborChat is uniquely positioned to lead this transformation with its proven success and flexible integration options. The future of investing is here, and it’s powered by AI.About ArborChatEstablished six years ago by a team of professionals from fund management and data science backgrounds, Arbor has been providing AI analytics to major banks and financial institutions. The company specialises in leveraging AI to analyse financial reports, bank statements, and other critical documents. ArborChat’s latest innovation aims to bring LLM-driven stock analysis directly to investors’ fingertips, democratising access to high-level financial insights.For more information or to trial ArborChat’s capabilities, visit https://www.arborchat.ai/.Partnership Contact:Denise Chendenise.chen@arborchat.ai+852 3703 3745Press Contact:Puman Leungpuman.leung@arborchat.ai+852 3703 3745Press team:press@arborchat.ai Copyright 2024 ACN Newswire via SeaPRwire.com.
More