KUALA LUMPUR, Jan 29 -- Just months after its first passenger testing – whereby Tanay Manjrekar became the first Indian to ride hyperloop – Virgin Hyperloop has unveiled its vision for the future hyperloop experience.
According to a statement, the newly-released concept video takes the viewer step-by-step through a hyperloop journey, from arriving at the portal to boarding the pod.
The designs showcased in the video are indicative of what global hyperloop systems would look like, including for operations in India.
Virgin Hyperloop worked with world-class partners across disparate industries to design a comprehensive, multi-sensory passenger experience that surpasses that of any other form of mass transit.
This includes Bjarke Ingels Group for the portal designs; Teague for the pod designs; SeeThree for the video and animation; and, Man Made Music for the score and sonic identity.
Far from a dystopian future where dark colours, stark lighting, and screens abound, Virgin Hyperloop’s counter narrative is a more optimistic view of the future: a greener, smoother, safer, and more pleasant mass transit experience.
A key pillar of Virgin Hyperloop’s passenger experience is accessibility, ensuring that this new form of transportation will expand opportunities for the masses.
Following its successful passenger testing, Virgin Hyperloop is currently paving the way for the regulation and certification of hyperloop systems worldwide – including those in India.
The company is working on the Mumbai-Pune hyperloop project, which would connect the cities in under 25 minutes with zero direct emissions.
-- BERNAMA
Friday, January 29, 2021
Wednesday, January 27, 2021
HOTEL MAYA KL DELIVERS CHINESE NEW YEAR DELICACIES TO THE COMFORT OF YOUR HOME IN 2021
KUALA LUMPUR, Jan 27 (Bernama) -- Hotel Maya Kuala Lumpur is bringing the festivities of the Year of the Ox directly into the hearts and homes in the Klang Valley this Chinese New Year.
“With the Movement Control Order in force, we understand many locals will not be able to host their reunion and celebratory dinners amongst family and friends. We hope that our Chinese New Year menus will bring great satisfaction and ong to all our customers and guests, as they usher in the Year of the Ox,” said General Manager, Sharmini Moganasundram.
HOTEL MAYA KL DELIVERS CHINESE NEW YEAR DELICACIES TO THE COMFORT OF YOUR HOME IN 2021
“With the Movement Control Order in force, we understand many locals will not be able to host their reunion and celebratory dinners amongst family and friends. We hope that our Chinese New Year menus will bring great satisfaction and ong to all our customers and guests, as they usher in the Year of the Ox,” said General Manager, Sharmini Moganasundram.
Tuesday, January 26, 2021
BUDDHIST LEADER WELCOMES ENTRY INTO FORCE OF NUCLEAR BAN TREATY, URGES INTERNATIONAL COOPERATION TO COMBAT PANDEMIC IN 39TH ANNUAL PEACE PROPOSAL
TOKYO, Jan. 26, 2021 /Kyodo JBN-AsiaNet/--
On January 26, 2021, the 39th annual peace proposal by Daisaku Ikeda, president of the Soka Gakkai International (SGI) Buddhist association, titled "Value Creation in a Time of Crisis" was released, marking the anniversary of the founding of the SGI.
Ikeda calls for further global cooperation to address the key issues of our time: the COVID-19 pandemic, the climate crisis, and the need to rid the world of nuclear weapons. These issues are not constrained by national borders and cannot be solved by any one government or organization alone.
He comments, "Our shared efforts to respond to the pandemic can serve as a foundation for generating global awareness of the essential role of human solidarity in transforming crises."
Regarding the pandemic, he welcomes the COVAX facility that aims to ensure the global procurement and availability of COVID-19 vaccines. He proposes the holding of a high-level meeting at the UN to address COVID-19 and the convening of an online "beyond COVID-19" youth summit to discuss the kind of world young people want to see in the aftermath of this crisis.
Ikeda also highlights the economic devastation brought about by the pandemic, estimated to be threatening the livelihoods of 1.6 billion people, half the world's workforce, and emphasizes the need to promote global social protection initiatives. He calls on the OECD to play a leading role here and in a transition to a green economy, where resources saved on military expenditure can be allocated to expanding healthcare and social services.
BUDDHIST LEADER WELCOMES ENTRY INTO FORCE OF NUCLEAR BAN TREATY, URGES INTERNATIONAL COOPERATION TO COMBAT PANDEMIC IN 39TH ANNUAL PEACE PROPOSAL
On January 26, 2021, the 39th annual peace proposal by Daisaku Ikeda, president of the Soka Gakkai International (SGI) Buddhist association, titled "Value Creation in a Time of Crisis" was released, marking the anniversary of the founding of the SGI.
Ikeda calls for further global cooperation to address the key issues of our time: the COVID-19 pandemic, the climate crisis, and the need to rid the world of nuclear weapons. These issues are not constrained by national borders and cannot be solved by any one government or organization alone.
He comments, "Our shared efforts to respond to the pandemic can serve as a foundation for generating global awareness of the essential role of human solidarity in transforming crises."
Regarding the pandemic, he welcomes the COVAX facility that aims to ensure the global procurement and availability of COVID-19 vaccines. He proposes the holding of a high-level meeting at the UN to address COVID-19 and the convening of an online "beyond COVID-19" youth summit to discuss the kind of world young people want to see in the aftermath of this crisis.
Ikeda also highlights the economic devastation brought about by the pandemic, estimated to be threatening the livelihoods of 1.6 billion people, half the world's workforce, and emphasizes the need to promote global social protection initiatives. He calls on the OECD to play a leading role here and in a transition to a green economy, where resources saved on military expenditure can be allocated to expanding healthcare and social services.
Monday, January 25, 2021
InvestorBrandNetwork recaps 2020 milestones, provides 2021 overview plans
KUALA LUMPUR, Jan 25 -- InvestorBrandNetwork (IBN), an innovative corporate communications agency and diversified content distributor, has announced via an InvestorWire Global Release translated into 12 languages to 56 countries a recap of its milestones in 2020 and provides an overview of its plans for 2021.
Emerging in the communications arena with its first brand in 2006, IBN has recorded sustained and transformative growth which currently boasts a portfolio of over 50 brands with a collective social media audience that includes millions of followers.
IBN’s proven track record serving more than 500 client partners highlights its unparalleled value proposition for both public and private companies, bolstered by its expansive network of 5,000+ key syndication partners.
Throughout 2020, IBN continued expansion of its audiences and syndication network while helping a growing list of client partners navigate unparalleled challenges.
The most notable areas of growth include Podcasts Solutions for Executives and IR Firms; Distribution of Audio Press Releases and Interviews; More Virtual Investor Events; Apple TV, Roku and 90+ Additional OTT Networks; Additional Brands, and Launched InvestorWire.
IBN has produced and distributed more than 485 episodes to numerous podcast directories and launched six new podcast channels in 2020, while also having covered a full calendar of virtual investor events last year, providing additional reach to both public and private companies.
In addition, IBN’s syndication network was expanded to feature popular streaming media channels in 2020, including popular Over The Top (OTT) Media Solutions Platforms such as Roku and Amazon Fire TV.
More details at https://www.InvestorBrandNetwork.com.
-- BERNAMA
Saturday, January 23, 2021
CyberAgent Capital runs 'Monthly Pitch Asia' fundraising event online
KUALA LUMPUR, Jan 22 -- CyberAgent Capital Inc has announced that ‘Monthly Pitch Asia’, its biggest global monthly fundraising event for start-ups in Japan targeted to Southeast Asia, was held online.
Since time is crucial and limited, the company started ‘Monthly Pitch’ where early-stage entrepreneurs can quickly meet investors active in Asia, allowing them to spend minimal time on fundraising and concentrate on their business as much as possible.
January 2021 marks the 44th time CyberAgent Capital has been holding this monthly event since 2016, with 330 companies taking the stage, making it the largest fundraising event in Japan.
The latest event, which under normal circumstances is held offline, took place online on Jan 13, featuring pitches from six Southeast Asian start-ups and meetings between start-ups and investors worldwide.
According to a statement, the previous ‘Monthly Pitch’ was an overseas edition held in Jakarta in 2019.
Among start-ups that took the stage were Kyna (Vietnam): a leading online education service in Vietnam; Edoctor (Vietnam): online health platform service in Vietnam; and TheBank (Vietnam): a pricing comparison service for financial products in Vietnam.
Others were Getlinks (Thailand): online recruitment platform for IT personnel in Thailand; Viddsee (Indonesia, Singapore): the world's largest professional creator platform for short movies in Southeast Asia; and, Moladin (Indonesia): the biggest EC platform service specialising in motorbikes and cars.
CyberAgent Capital is an investment enterprise leading global innovation jointly with unicorn start-ups. More details at https://www.cyberagentcapital.com/en/
-- BERNAMA
Friday, January 22, 2021
BIOTALYS SUBMITS FIRST PROTEIN-BASED BIOCONTROL REGISTRATION PACKAGE TO THE EPA
GHENT, Belgium and RESEARCH TRIANGLE PARK, N.C., Jan 22 (Bernama-GLOBE NEWSWIRE) -- Today, Biotalys NV, a transformative food and crop protection company, announces that it has submitted its first protein-based biocontrol, Evoca™, to the Environmental Protection Agency (EPA) in the United States for approval. Pending EPA registration, this biocontrol will offer U.S. fruit and vegetable growers a new way to combat major diseases to maximize yields and extend the shelf life after harvest of produce with substantially lower residues.
“Biotalys is thrilled to have begun the EPA registration process for its first product. While Evoca targets diseases like Botrytis cinerea and powdery mildew, we are leveraging the flexibility of our technology platform to advance a broad pipeline of products with new modes of action that will safely and reliably address key crop pests and diseases across the food value chain,” commented Luc Maertens, COO of Biotalys.
Evoca will help growers effectively control key pathogens in the field, as well as in the food value chain to protect fruits and vegetables post harvest, extending shelf life and reducing decay and food loss. With its new mode of action and favourable safety profile, Evoca provides growers with additional rotational options to manage resistance in a more sustainable way.
BIOTALYS SUBMITS FIRST PROTEIN-BASED BIOCONTROL REGISTRATION PACKAGE TO THE EPA
“Biotalys is thrilled to have begun the EPA registration process for its first product. While Evoca targets diseases like Botrytis cinerea and powdery mildew, we are leveraging the flexibility of our technology platform to advance a broad pipeline of products with new modes of action that will safely and reliably address key crop pests and diseases across the food value chain,” commented Luc Maertens, COO of Biotalys.
Evoca will help growers effectively control key pathogens in the field, as well as in the food value chain to protect fruits and vegetables post harvest, extending shelf life and reducing decay and food loss. With its new mode of action and favourable safety profile, Evoca provides growers with additional rotational options to manage resistance in a more sustainable way.
BIOTALYS SUBMITS FIRST PROTEIN-BASED BIOCONTROL REGISTRATION PACKAGE TO THE EPA
MANULIFE MALAYSIA LAUNCHES MANULIFE HEALTH SAVER BENEFIT PLAN
• New medical insurance plan offers immediate no claim discount on insurance charges
• The plan responds to growing public appetite for health coverage and financial protection
KUALA LUMPUR, Jan 21 (Bernama) -- Manulife Malaysia today announced the launch of a new medical insurance plan, Manulife Health Saver Benefit, that will enable policyholders to enjoy an immediate no claim discount (NCD) on insurance charges and empower them to actively manage their health while getting top quality health care coverage.
The new Manulife Health Saver Benefit is designed so that upon purchase, policyholders benefit from an immediate 30% NCD on insurance charges in the first policy year. Every year thereafter, they can benefit from an NCD of up to 40%. The plan provides comprehensive medical coverage that includes chiropractic and Traditional Chinese Medicine treatments.
Demand among Malaysians for greater financial protection has grown significantly amid the current health crisis and economic uncertainty. A Manulife customer survey conducted in late May 2020 across eight markets in Asia, including Malaysia, showed a growing recognition of the need for health coverage and financial protection among the population, with nearly two-thirds (63%) of Malaysians surveyed saying they plan to buy additional insurance in the next 18 months.¹
“With all that is happening since the past year, our policyholders have experienced dramatic life changes that will affect their mental, physical and financial well-being,” said Vibha Coburn, Chief Executive Officer of Manulife Insurance Berhad. “Manulife Health Saver Benefit offers not just a health solution and a means for our customers to stay healthy, but also supports them in a way that really matters to them right now – by easing pressure on their finances through our NCDs.”
For 57 years, Manulife Malaysia has been offering life insurance products and services, while at the same time innovating its solutions to meet the evolving needs of customers in the country. This plan is part of Manulife’s ongoing drive to make every day better for its customers.
Coburn added, “The importance of managing finances, including having adequate insurance protection, is undeniable. As a digital, customer-centric life insurance company, Manulife continuously enhances our solutions to cater to customers’ needs and provide them greater financial security. We want our policyholders to have appropriate and sufficient coverage to make their every day better.”
http://mrem.bernama.com/viewsm.php?idm=39152
KUALA LUMPUR, Jan 21 (Bernama) -- Manulife Malaysia today announced the launch of a new medical insurance plan, Manulife Health Saver Benefit, that will enable policyholders to enjoy an immediate no claim discount (NCD) on insurance charges and empower them to actively manage their health while getting top quality health care coverage.
The new Manulife Health Saver Benefit is designed so that upon purchase, policyholders benefit from an immediate 30% NCD on insurance charges in the first policy year. Every year thereafter, they can benefit from an NCD of up to 40%. The plan provides comprehensive medical coverage that includes chiropractic and Traditional Chinese Medicine treatments.
Demand among Malaysians for greater financial protection has grown significantly amid the current health crisis and economic uncertainty. A Manulife customer survey conducted in late May 2020 across eight markets in Asia, including Malaysia, showed a growing recognition of the need for health coverage and financial protection among the population, with nearly two-thirds (63%) of Malaysians surveyed saying they plan to buy additional insurance in the next 18 months.¹
“With all that is happening since the past year, our policyholders have experienced dramatic life changes that will affect their mental, physical and financial well-being,” said Vibha Coburn, Chief Executive Officer of Manulife Insurance Berhad. “Manulife Health Saver Benefit offers not just a health solution and a means for our customers to stay healthy, but also supports them in a way that really matters to them right now – by easing pressure on their finances through our NCDs.”
For 57 years, Manulife Malaysia has been offering life insurance products and services, while at the same time innovating its solutions to meet the evolving needs of customers in the country. This plan is part of Manulife’s ongoing drive to make every day better for its customers.
Coburn added, “The importance of managing finances, including having adequate insurance protection, is undeniable. As a digital, customer-centric life insurance company, Manulife continuously enhances our solutions to cater to customers’ needs and provide them greater financial security. We want our policyholders to have appropriate and sufficient coverage to make their every day better.”
http://mrem.bernama.com/viewsm.php?idm=39152
LOW CARBON ON CEMENT POSSIBLE WITH CCS
EDMONTON, Alberta, Jan 22 (Bernama-GLOBE NEWSWIRE) -- A low carbon future for cement is advancing through a unique feasibility study to see carbon capture and storage (CCS) on Lehigh Cement’s plant in Edmonton, Alberta. Recognizing the substantial role that large-scale CCS has in reducing greenhouse (GHG) emissions, Lehigh Cement, the International CCS Knowledge Centre (Knowledge Centre), and Mitsubishi Heavy Industries (MHI) Group are moving forward with the engineering design for this feasibility study of the cement plant’s carbon capture system.
A first for the North American cement industry, the Lehigh CCS Feasibility Study looks at the viability of capturing 90-95 per cent of the carbon dioxide (CO2) - an estimated 600,000 tonnes of CO2 annually - from the cement plant’s flue gas. The study is also a first for each of these organizations in North America all of whom pledge to actively work toward decarbonization.
The study is timely as the recently released Canada Climate Plan specifically indicates that it will develop a comprehensive CCS strategy and explore other opportunities to help keep Canada globally competitive in this growing industry.
With experience gained through the design, construction, operation, and subsequent enhancements/modifications of the SaskPower Boundary Dam 3 CCS Facility (BD3 Facility), the Knowledge Centre, along with MHI Group and their collaborative work on the Shand CCS Feasibility Study, continue to be at the forefront of post-combustion capture processes globally and see an opportunity for CCS across post-combustion industries.
Due to the remarkable similarities in flue gases, the expertise acquired at the BD3 Facility can be adapted to the cement sector with experienced-based guidance from the Knowledge Centre. The Lehigh CCS Feasibility Study will look to an engineering design that tailors the carbon capture technology owned by Mitsubishi Heavy Industries Engineering (MHIENG), part of MHI Group, so called KM CDR ProcessTM being deployed at 13 commercial plants globally, for integration with Lehigh’s plant and output specifications, such as a flue gas pretreatment system and the carbon capture and compression process.
With cement demand on the rise and as a sector that is challenged with further abating emissions, large-scale CCS could well become the definitive solution to cut GHGs. The Lehigh CCS Feasibility Study explores the value of this for the cement industry, by encompassing engineering designs, cost estimation and an in-depth business case analysis.
Quotes
“Advancements for large-scale CCS on cement is important in the broader deployment of CCS facilities across sectors so that we, as global citizens, can make meaningful impact on emission reductions worldwide.”
- Beth (Hardy) Valiaho, VP Strategy & Stakeholder Relations, International CCS Knowledge Centre
"The path to achieving a carbon-neutral world by 2050 requires the ability to decarbonize hard to abate sectors. By exploring and unlocking ways to expand our proven carbon capture technology to new markets and applications, we can face the challenge head-on.”
- Yoshihiro Shiraiwa, President & CEO, Mitsubishi Heavy Industries America
“This CCS feasibility study is essential for understanding how our industry can continue to meet growing production demands, while also meeting equally important climate targets. We are proud to be in a position to lead a global change with a crucial clean technology in our industry.”
-Joerg Nixdorf, President, Lehigh Hanson Canada Region
QUICK FACTS & LINKS
Lehigh CCS Feasibility Study
A first for the North American cement industry, the Lehigh CCS Feasibility Study looks at the viability of capturing 90-95 per cent of the carbon dioxide (CO2) - an estimated 600,000 tonnes of CO2 annually - from the cement plant’s flue gas. The study is also a first for each of these organizations in North America all of whom pledge to actively work toward decarbonization.
The study is timely as the recently released Canada Climate Plan specifically indicates that it will develop a comprehensive CCS strategy and explore other opportunities to help keep Canada globally competitive in this growing industry.
With experience gained through the design, construction, operation, and subsequent enhancements/modifications of the SaskPower Boundary Dam 3 CCS Facility (BD3 Facility), the Knowledge Centre, along with MHI Group and their collaborative work on the Shand CCS Feasibility Study, continue to be at the forefront of post-combustion capture processes globally and see an opportunity for CCS across post-combustion industries.
Due to the remarkable similarities in flue gases, the expertise acquired at the BD3 Facility can be adapted to the cement sector with experienced-based guidance from the Knowledge Centre. The Lehigh CCS Feasibility Study will look to an engineering design that tailors the carbon capture technology owned by Mitsubishi Heavy Industries Engineering (MHIENG), part of MHI Group, so called KM CDR ProcessTM being deployed at 13 commercial plants globally, for integration with Lehigh’s plant and output specifications, such as a flue gas pretreatment system and the carbon capture and compression process.
With cement demand on the rise and as a sector that is challenged with further abating emissions, large-scale CCS could well become the definitive solution to cut GHGs. The Lehigh CCS Feasibility Study explores the value of this for the cement industry, by encompassing engineering designs, cost estimation and an in-depth business case analysis.
Quotes
“Advancements for large-scale CCS on cement is important in the broader deployment of CCS facilities across sectors so that we, as global citizens, can make meaningful impact on emission reductions worldwide.”
- Beth (Hardy) Valiaho, VP Strategy & Stakeholder Relations, International CCS Knowledge Centre
"The path to achieving a carbon-neutral world by 2050 requires the ability to decarbonize hard to abate sectors. By exploring and unlocking ways to expand our proven carbon capture technology to new markets and applications, we can face the challenge head-on.”
- Yoshihiro Shiraiwa, President & CEO, Mitsubishi Heavy Industries America
“This CCS feasibility study is essential for understanding how our industry can continue to meet growing production demands, while also meeting equally important climate targets. We are proud to be in a position to lead a global change with a crucial clean technology in our industry.”
-Joerg Nixdorf, President, Lehigh Hanson Canada Region
QUICK FACTS & LINKS
Lehigh CCS Feasibility Study
- The Lehigh CCS Feasibility Study is being jointly conducted by the Knowledge Centre and Lehigh Cement with a target delivery of fall 2021.
- The objectives of the study are to deliver a Class 4 cost estimate; to work with a capture technology provider (MHI Group) to perform engineering design tailored to the Lehigh plant; to manage the process and engage third parties, as necessary; to complete a detailed business case; and to develop the budget for Front End Engineering Study (FEED).
- This initiative has received $1.4M in funding from Emissions Reduction Alberta (ERA) through its Partnership Intake Program. ERA's investments help innovators develop and demonstrate GHG-reducing technologies that lower costs, improve competitiveness and accelerate Alberta’s transformation to a low carbon economy.
Cement Emission Overview
- Concrete, a product of cement, is the second most consumed substance on the planet, next to water, with roughly attributing three tonnes of concrete yearly by every person on earth (State of the Planet, Earth Institute, Columbia University).
- Total emissions from the cement industry contribute as much as 7-8% of global CO2 emissions.
- Two thirds or 5% of global emissions result from the chemical reactions in the cement production process and therefore cannot be eliminated through gains in energy efficiency.
- Global demand for cement is expected to increase 12-23% by 2050 (IEA Report: Transforming Industry through CCUS)
About the International CCS Knowledge Centre (Knowledge Centre): with a mandate to advance the global understanding and deployment of large-scale CCS to reduce global GHG emissions, the Knowledge Centre provides the know-how to implement large-scale CCS projects as well as CCS optimization through the base learnings from both the fully-integrated Boundary Dam 3 CCS Facility and the comprehensive second-generation CCS study, known as the Shand CCS Feasibility Study. Operating since 2016 under the direction of an independent board, the Knowledge Centre was established by BHP and SaskPower. For more info: https://ccsknowledge.com/
About Mitsubishi Heavy Industries Group:
Mitsubishi Heavy Industries (MHI) Group is a global leader in engineering and manufacturing. With more than 80.000 employees working in over 300 companies worldwide. MHI Group is a major global force in power systems, industry and infrastructure, and the aircraft defense and space industries. Mitsubishi Heavy Industries Engineering (MHIENG), together with Kansai Electric Power Co., Inc. (KEPCO) started the development of the Kansai Mitsubishi Carbon Dioxide Recovery KM CDR ProcessTM, a post-combustion carbon capture technology, in 1990. As of November 2020, MHIENG has delivered a total of 13 commercial plants with the KM CDR ProcessTM, making it a global leader in carbon capture technology deployment. Two more plants are currently under construction. For more info: https://www.mhi.com/products/engineering/co2plants.html
About Lehigh Cement & Lehigh Hanson:
Since 1956, Lehigh Cement has been an innovator, partner and collaborator in advancing the cement and concrete industry, and supporting Alberta’s economy. Lehigh Cement is an affiliated company of Lehigh Hanson, the North American operations of HeidelbergCement. For more info: https://www.lehighhanson.com.
Lehigh Hanson is part of HeidelbergCement, one of the world’s largest integrated manufacturers of building materials and solutions, with leading market positions in aggregates, cement, and ready mixed concrete. Around 54,000 employees at more than 3,000 locations in over 50 countries deliver long-term financial performance through operational excellence and openness for change. At the center of actions lies the responsibility for the environment. As forerunner on the path to carbon neutrality, HeidelbergCement crafts material solutions for the future.
About Emissions Reduction Alberta (ERA):
For more than 10 years, ERA has been investing the revenues from the carbon price paid by large final emitters to accelerate the development and adoption of innovative clean technology solutions. Since ERA was established in 2009, they have committed $616 million toward 186 projects worth $4.55 billion that are helping to reduce GHGs, create competitive industries and are leading to new business opportunities in Alberta. These projects are estimated to deliver cumulative reductions of 35 million tonnes of CO₂ by 2030. For more info: https://eralberta.ca/
MEDIA CONTACTS
| International CCS Knowledge Centre Jodi Woollam Head of Communications & Media Relations jwoollam@ccsknowledge.com T: +1-306-565-5956 / M: +1-306-520-3710 |
| ccsknowledge.com @CCSKnowledge Mitsubishi Heavy Industries Group mediacontact_global@mhi.co.jp Lehigh Hanson Jeff Sieg Director, Corporate Communications 972-653-6011 jeff.sieg@lehighhanson.com |
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b4540ab2-8b97-40d5-a10b-4ee2b47697d6
SOURCE : International CCS Knowledge Centre
GTJAI TO BOOST VSPN'S INNOVATION AND DEVELOPMENT
To Be Part of China's New Economy And Build Quality products for Wealth Management Clients
HONG KONG, Jan 22 (Bernama-BUSINESS WIRE) -- Guotai Junan International Holdings Limited (“Guotai Junan International”, the “Group” or the “GTJAI”, Stock code:1788.HK) announced that the Group will join hands with Nan Fung Group and Prospect Avenue Capital (PAC) to collaboratively boost development of China esports industry, supporting Versus Programming Network (“VSPN") to expand its scale and influence in esports eco-system, consolidating its market leader position as well as creating standardized and professional competitive sports events.
The esports industry is one of the sectors that has been greatly encouraged and supported by the government’s policies in recent years. GTJAI actively responds to and participates in the government’s policies of upgrading the esports industry structure and promoting the cultural and entertainment industry as well as the economic development through esports events. Besides, the participation in this project enables GTJAI to provide quality products for current wealth management clients, promote the efficient integration and development of various businesses of the Group, to achieve win-win situation with clients.
Mr. Peter Chiu, Head of the Private Equity Investment, GTJAI, who is in charge of this project, said, “As a market leader in China's esports industry, VSPN has occupied a leading position in events hosting and broadcasting business. In the future, with the continuous expansion of the global esports market, we believe that VSPN has great potential. Its keen market perspective in the esports industry along with business experience of its elite team will advance deeper levels in VSPN’s business layout which promotes the internationalization of VSPN esports events, and gradually reaches the giant global commercial sports field.”
About GTJAI (1788.HK)
Guotai Junan International (“GTJAI”, Stock Code: 1788.HK) is the market leader and first mover for internationalization of Chinese Securities Company. The Company is the first Chinese securities broker listed on the Main Board of The Hong Kong Stock Exchange by way of initial public offering. Based in Hong Kong, the Company provides diversified integrated financial services. The core services include wealth management, corporate finance, loans and financing, asset management as well as financial products. Currently, GTJAI has been assigned “Baa2 / Prime-2” and “BBB+ / A-2” rating from Moody and Standard & Poor respectively. The controlling shareholder, Guotai Junan Securities Company Limited (Stock Code: 601211.SS; 2611.HK), is the comprehensive financial provider with a long-term, sustainable and overall leading position in the Chinese securities industry. For more information about GTJAI, please visit http://www.gtjai.com.
About VSPN
Founded in 2016, headquartered in Shanghai, with esports and pan-entertainment content production and operation as the core, VSPN provides esports commercialization, esports TV, esports complex operation, esports trend culture IP operation, etc. services. VSPN is committed to building a global sustainable esports ecosystem and providing a new esports cultural experience and lifestyle for global esports fans. Its business covers Asia, Europe, and the Americas and focuses on the lifestyles and scenes of young esports, bringing global esports enthusiasts a full range of top-level experience from online to offline, for users, brands, industries and cities, to create a rich and multi-dimensional esports ecology and export Chinese esports standards and culture to the world. Its current investors include leading Internet companies and investors such as Tencent and Kuaishou. VSPN mainly focuses on providing esports event operation and esports commercial operation services to game developers and operators in mainland China and internationally. As a leading high-quality enterprise leader in the global esports industry, with China's world-leading esports audience base and strong support of the government’s policies in recent years for the esports industry, the future development prospects of VSPN are broad.
Porda Havas International Finance Communications Group on behalf of Guotai Junan International Holdings Limited issues the press release.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20210121006015/en/
Contact
Porda Havas International Finance Communications Group
Mr. Bunny Lee
+852 3150 6707
bunny.lee@pordahavas.com
Ms. Angela Shi
+852 3150 6778
angela.shi@pordahavas.com
Mr. Addison Chu
+852 3150 6750
addison.chu@pordahavas.com
Fax
+852 3150 6728
Source : Guotai Junan International Holdings Limited
CROWDSOURCED SECURITY ON THE RISE: YESWEHACK ANNOUNCES RECORD GROWTH IN ASIA
SINGAPORE, Jan 22 (Bernama-BUSINESS WIRE) -- YesWeHack today announced record 250% growth during 2020 in Asia, including a 120% increase in the number of Bug Bounty programs launched on the YesWeHack platform. On the hacker side, YesWeHack’s Asian community has more than doubled, and now represents 35% of the total community of 21,000 hunters. Created in 2013 in France and established since 2019 in Singapore, this growth underscores YesWeHack’s position as one of the leading players in crowdsourced security in Asia and confirms its position as the only alternative to American platforms.
Crowdsourced security for all
The technology sector was the first market to adopt the crowdsourced security model, and remains the most significant market for YesWeHack. This is followed by the finance and insurance sectors, which respectively represent 35% and 26% of the Bug Bounty programs launched on the platform in 2020.
The financial sector is predicted to rebound significantly during 2021 as a result of the guidelines issued by the Monetary Authority of Singapore, which for the first time include Bug Bounty as a means for financial institutions to discover IT system vulnerabilities.
Twice as many vulnerabilities detected in 2020
The YesWeHack hacker community identified twice as many vulnerabilities in 2020 compared to 2019. Some 30% of the reported vulnerabilities on the YesWeHack platform were qualified as ‘high’ or ‘critical’, meaning they would have had a devastating impact had they been exploited by pirates. For example, exposing all customer data or entirely compromising an infrastructure.
In terms of the types of vulnerabilities detected, YesWeHack notes that the evolution of technologies has led to a slight but constant increase in vulnerabilities. These result from implementation or design flaws (secure design and access control) that reduce the number of so-called technical vulnerabilities (input issues). This trend is expected to increase in the coming years as the hardening of the development frameworks continues.
Ethical hackers will play a central role in 2021
Commenting on this growing demand for crowdsourced security, Kevin Gallerin, APAC Managing Director, says, “2020 marked a turning point for Bug Bounty in Asia. CISOs now consider Bug Bounty as an indispensable and agile tool to secure their organizations. They no longer question what Bug Bounty is, they now include it at the heart of their security strategies. Their only question is how and when to implement it.”
View source version on businesswire.com:
https://www.businesswire.com/news/home/20210121005425/en/
Contact
Juliette Vienot
juliette.v@oxygen-rp.com
Source : YesWeHack
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