Saturday, December 23, 2023

HONG KONG HOSTS THE FINALE OF THE WORLD'S FIRST ALL-ELECTRIC RACE BOAT CHAMPIONSHIP

 

Ms. Vivian Sum, Commissioner for Tourism (left) and Dr. Pang Yiu-kai, Chairman of HKTB (right) welcomed Mr. Alejandro Agag, Chairman and co-founder of E1 (middle), for bringing the first-ever UIM E1 World Championship to Hong Kong (Photo: Hong Kong Tourism Board) 

UIM E1 World Championship

HONG KONG, Dec 21 (Bernama-BUSINESS WIRE) -- Under the official Championship Standings “Race to Hong Kong”, the first-ever UIM E1 World Championship (E1) will stage its grand finale in Hong Kong – E1 Hong Kong Grand Prix – for the first three seasons from 2024 to 2026 with joint support by the Tourism Commission of the Culture, Sports and Tourism Bureau of the Hong Kong SAR Government and Hong Kong Tourism Board (HKTB). The E1 Hong Kong Grand Prix – the Hong Kong leg of the UIM E1 World Championship – is an event supported by the funding earmarked under the 2023-24 Budget to attract mega events with strong visitor appeal and significant tourism promotional effect to take place in Hong Kong.
 
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231220200058/en/ 

E1 is the world’s first and only all-electric race boat championship sanctioned by the Union Internationale Motonautique (UIM). It will bring a brand new exposure and raise global awareness on sustainability across an exciting and competitive on-water racing platform based on electric technologies. As the only East Asian city to host this pioneering championship in its inaugural season, Hong Kong will welcome up to ten teams of pilots on 9 and 10 November 2024 after 6 international legs in Europe and the Middle East. E1 Hong Kong Grand Prix is expected to attract thousands of spectators from around the world to attend in person and experience the ultimate electric boat race on the waters of the picturesque Victoria Harbour in front of the city’s iconic skyline. 

Thursday, December 21, 2023

EGGDROP TO DEBUT IN THE PHILIPPINES AFTER BANGKOK SUCCESS

Official Poster, EGGDROP Philippines (Photo: EGGDROP)


KUALA LUMPUR, Dec 21 (Bernama) -- South Korea’s Golden Hind Co Ltd announced the opening its second global store of EGGDROP, a Korean premium egg sandwich brand in the Philippines following Bangkok, Thailand.

In a statement, Golden Hind said the company has completed a multi-franchise agreement to open five stores in the Philippines, following a 10-store agreement in Thailand, the brand's first country of global expansion.

Two of the Philippines stores will be launched in the first half of 2024, while the remaining three stores will open in the second half of the year in key locations.

Golden Hind Chief Executive Officer, Youngwoo Noh said the company was very excited to announce EGGDROP's second international expansion and looking forward to provide a fun experience for consumers in the Philippines.

“In addition to Thailand and the Philippines, EGGDROP is actively seeking master franchise partners in other countries such as the US and Japan to strengthen the brand's presence globally,” he said.

EGGDROP's entry into the Philippine market is part of Golden Hind's aggressive overseas expansion strategy, which aims to provide Filipino consumers with a new gastronomic experience that is both delicious and healthy.

Starting with its first store in 2017 and completing the opening of 298th stores in South Korea (as of November 2023), EGGDROP has achieved sustained sales growth in a short time thanks to its sensational product design, healthy and delicious "egg food" concept, as well as Instagrammable food and package design.

Building on this growth in the country, EGGDROP has recently received franchise inquiries from more than 30 countries worldwide, including the United States (US), Hong Kong, Japan, Taiwan, and India.

-- BERNAMA


SHANDONG COLLEGE OF ECONOMICS AND BUSINESS WINS FIRST PRIZE AT "INTELLIGENT FINANCE" EVENT

Opening ceremony of the 16th Shandong Vocational Colleges Skill Competition


KUALA LUMPUR, Dec 21 (Bernama) -- Shandong College of Economics and Business was awarded the first prize at the "Intelligent Finance" event held recently in the 16th Shandong Vocational Colleges Skill Competition for the higher vocational education group.

The competition, organised by the Education Department and the Industry and Information Technology Department of Shandong Province, was hosted by Shandong College of Economics and Business, attracted participants from 36 vocational colleges across the province, according to a statement.

The "Intelligent Finance" event is designed to align with the business reform and innovation needs of financial enterprises with goals to enhance the operational capabilities of higher vocational education graduates in the field of finance, and strengthen students' core competitiveness in the job market, among others.

Shandong College of Economics and Business, rooted in industry and serving its region, strategically develops distinctive majors based on the characteristics of finance and trade.

It serves as a model to drive the coordinated development of other majors, boasting two high-level major groups in Shandong Province, namely, Intelligent Accounting and Finance, and Modern Business Circulation in Rural Areas.

In recent years, the college has precisely aligned itself with the needs of industrial upgrading, industry development, and the comprehensive growth of students.

Additionally, it has focused on aligning occupational skill competitions with the construction of professional courses, training bases, and faculty development. This approach aims to enhance the quality of talent cultivation in the finance and trade majors by promoting the adoption of new technologies and skills.

-- BERNAMA

Tsuburaya Productions Kicks Off 2024 With Ultraman Card Game Roadshows



KUALA LUMPUR, Dec 20 (Bernama) -- Tsuburaya Productions Company Limited announced it will run a series of roadshows showcasing its upcoming ULTRAMAN CARD GAME across global markets in 2024 at Anime Festival Asia Singapore 2023 (AFA23).

AFA23, held from Nov 24 to 26, was selected as the first event to bring the ULTRAMAN CARD GAME to fans and potential business partners whereby visitors enjoyed test plays and a live stage show introducing the game.

Tsuburaya Productions Deputy Executive Marketing Manager, Takayuki Kawai said this game is designed for all generations, from Ultraman fans to those who are yet unfamiliar with the characters and stories.

“We hope everyone enjoys ULTRAMAN CARD GAME with family and friends and it serves as an opportunity to learn more about and love Tsuburaya Productions’ works,” he said in a statement.

Promotions will begin in 2024, and after the launch, scheduled in summer 2024, local and world tournaments are planned for players worldwide.

The game is scheduled to launch in Japan, North America, Mainland China, Hong Kong, Taiwan, and select markets in Southeast Asia.

ULTRAMAN CARD GAME is a trading card game that combines the worldbuilding of the Ultraman series with gameplay and collectability that can be enjoyed by both children and adults.

-- BERNAMA

Wednesday, December 20, 2023

IdentiFlight To Better Serve French Market via German e3 IDF New Office In France

KUALA LUMPUR, Dec 19 (Bernama) -- IdentiFlight and e3 IDF GmbH announced the launch of e3 IdentiFlight France in the Nantes area, reinforcing IdentiFlight’s global presence and commitment to the French market.

According to IdentiFlight in a statement, the French office offers expertise in renewable energy project development and the IdentiFlight product, the industry leader in avian species detection technology for wind farm applications.

IdentiFlight President and Chief Operating Officer, Don Mills said this partnership expansion with e3 will enhance the company’s ability to serve the French market.

“We are thrilled that the e3 IdentiFlight France office will provide greater accessibility to technology that offers maximum avian protection while maximising wind energy generation,” he said.

Meanwhile, e3 IDF Chief Executive Officer, Jens Schoettler said: “The demand for wind energy is continuously rising. The expansion of e3 offices into France will enable us to meet the increasing need for avian detection and protection across Europe.”

Leading the e3 IdentiFlight France office is Yoann Payelleville, a 20-year veteran in the wind energy sector. His extensive experience in engineering and sales at Enercon equips him with a deep understanding of the French wind energy market.

The France office will be recruiting new positions to help meet the growing French market demand for IdentiFlight technology.

Recognised in 2023 by French Authorities for its effectiveness in reducing red kite fatalities in wind farms, IdentiFlight combines artificial intelligence and high-precision optics to identify bird species and prevent collisions with wind turbine blades.

Additionally, it supports wind energy projects by quantifying bird activity at potential sites.

-- BERNAMA

NIQ’S LEADERSHIP APPOINTMENT SIGNIFIES DEDICATION IN CONSUMER PANEL SERVICES

KUALA LUMPUR, Dec 20 (Bernama) -- A pioneering force in consumer and market intelligence, NIQ has appointed Kris Ewing as the Global President of Consumer Panel Services (CPS) to accelerate growth, foster innovation, and deliver client-centric solutions.

Reporting directly to the company’s Chief Operating Officer, Tracey Massey, Ewing is tasked with steering the company's global expansion of Consumer Panel activities, according to NIQ in a statement.

With a keen focus on differentiated product offerings, cutting-edge technology, and a team of skilled shopper and consumer experts, Ewing's leadership aims to establish new industry standards.

“I am incredibly excited about the opportunity to lead in this dynamic landscape. Our commitment to evolving and enhancing our capabilities is paramount to serve our clients better and achieve our ambitious goals.

“I look forward to spearheading this journey of innovation and growth, ensuring that our strategies resonate with the ever-evolving needs of our clients and the industry,” said Ewing.

Ewing's elevation to the position of Global President of Consumer Panel Services is a testament to NIQ's commitment to elevating data-driven insights to unprecedented heights.

This leadership appointment underscores the company’s unwavering commitment to expanding consumer-sourced measurement across diverse channels and categories, reinforcing its pivotal role in fortifying the consumer-packaged goods (CPG) industry.

As NIQ marks its centennial milestone, this appointment signifies a dedication to propelling the Consumer Panel business into a new era where robust, data-driven insights are imperative for the success of the CPG industry.

NIQ is strategically prioritising the advancement of Consumer Panel Services across the organisation, initiating a series of key actions such as fostering greater clarity for clients; strengthening coverage, representation, and CPS data quality globally; providing enhanced support; and delivering more precise and reliable trend reads.

-- BERNAMA

Monday, December 18, 2023

CELEBRATING SAFETY: CARNIVAL SPREADS JOY AND AWARENESS IN ENCORP CAHAYA ALAM

 

Safety Carnival graced by YB Tuan Mohd Najwan Bin Halimi, Member of the Selangor State Executive Council (EXCO), who also officiated Laman An-Nur

SHAH ALAM, Selangor, Dec 18 (Bernama) -- Encorp Cahaya Alam was abuzz with joy and safety insights as the Safety Carnival unfolded in the tight-knit community. Sponsored by Encorp Berhad ("ENCORP") and organised by the Persatuan Penduduk Taman Cahaya Alam ("PPTCA"), aimed to raise awareness about the importance of safety within the community. The event drew more than 600 residents from Encorp Cahaya Alam and surrounding communities, offering a platform for community members to interact with various authorities.

The Safety Carnival was graced by the presence of YB Tuan Mohd Najwan Bin Halimi, Member of the Selangor State Executive Council (EXCO), who also officiated Laman An-Nur.

This meaningful event featured a range of activities, including complimentary health screenings and CPR classes by the District Health Office, safety talks by the Polis Diraja Malaysia, fire prevention talks by the Bomba dan Penyelamat Malaysia, religious activities by Surau An-Nur, and engaging children's activities such as a petting zoo and a colouring competition.

ENCORP’s Corporate Social Responsibility programme at Encorp Cahaya Alam embodies its commitment to community welfare, echoing the ethos of "Enlightened Corporation, Make Enlightened Nation." Beyond constructing homes, ENCORP focuses on building meaningful relationships within the community. This aligns with the company's broader goal of actively engaging residents and fostering a harmonious living environment.

ENCORP's Group Chief Executive Officer, Encik Hazurin Harun, expressed excitement about the event, "Activities like the Safety Carnival showcase ENCORP's commitment to fostering not only physical development but also the social bonds within the community. This dedication plays a vital role in shaping a society that is enlightened and cohesive."

PPTCA’s Chairman, Encik Masnizan bin Che Mat said “We appreciate everyone's presence and the support from government bodies and ENCORP's sponsorship as a community developer. Representing Persatuan Cahaya Alam, today our focus is on enhancing community well-being, particularly in safety. We hope this unity will continue to strengthen, bringing happiness and progress to every resident.”

Encorp Cahaya Alam, developed in 2004, currently boasts 2,414 completed residential and commercial units. The township is strategically located with multiple connectivity routes and is in close proximity to shopping malls, commercial centers, educational institutions, and medical facilities.

Earlier this year, ENCORP launched two new residential additions - ‘Iris’ homes featuring 59 units of 2-storey super-link homes and the final phase ‘Tilia’ homes, 112 of 2-storey super- link homes. Tilia boasts unique features, including pitched roofs, functional interior designs, seamless integration between the indoor and outdoor areas, convertible space for work from home (WFH) needs, solar panel systems and private swimming pools for selected corner units.

Listed on the Main Market of Bursa Malaysia (Ticker: ENCORP/6076). For more information, visit www.encorp.com.my or facebook: @encorpbhd.

CELEBRATING SAFETY: CARNIVAL SPREADS JOY AND AWARENESS IN ENCORP CAHAYA ALAM

Saturday, December 16, 2023

BEEWORKS GAMES: MOBILE GAME "MUSHROOM GARDEN PRIME" RELEASED IN SOUTHEAST ASIA

 

"Mushroom Garden Prime" now available for download on Google Play and the App Store. (Graphic: Business Wire)

The Popular Mushroom Farming Simulation App Expands Reach Globally

TOKYO, Dec 15 (Bernama-BUSINESS WIRE) -- Following a successful release in South Korea, Beeworks Games, a mobile-game developer based in Japan, has announced their app “Mushroom Garden Prime” will now be available for play in Singapore, Malaysia, Indonesia, Thailand, Vietnam, and the Philippines. “Mushroom Garden Prime” can be downloaded from the Google Play/Apple App Store.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20231214985976/en/

What is “Mushroom Garden Prime”?

“Mushroom Garden Prime” is a casual farming simulator, featuring the cute and quirky character “Funghi”. With just one tap, apply food to your log and wait as the Funghi grow. Once the log is full of Funghi, they can be harvested by simply swiping across the screen. “We designed the app to be fun and easy to play for users of all ages,” said Kristofer Chan of Beeworks Games. “It takes just a few seconds to play, and you can close the app until the next time you get that urge to harvest Funghi.”

Harvesting Funghi will allow you to upgrade your farming equipment and grow new kinds of Funghi. With 16 different logs to choose from, and over 300 Fungi to discover, there’s plenty of fun to be had.

In addition to farming, there is the Funghi Museum which displays the Funghi you’ve collected in their natural environment. You can even receive unique wallpapers for your phone by completing one of the many in-game missions.

App Store URL

· Google Play: https://play.google.com/store/apps/details?id=jp.co.beeworks.nameko.ganso
· Apple App Store: https://apps.apple.com/app/1544911813

App Details

Title: Mushroom Garden Prime
Genre: Casual Farming Simulation
Compatibility: Android 5.0/iOS 10.0 or greater
Availability: Singapore, Malaysia, Indonesia, Thailand, Vietnam, Philippines, Australia, New Zealand, United States, South Korea, Japan, Taiwan, Hong Kong, Macau
Price: Free (In-App Purchases available)
Developer: Beeworks Games

About the “Mushroom Garden” Series

First released in 2011, the mushroom farming simulator with its loveable Funghi character has accumulated over 55 million downloads worldwide. The series has been particularly popular in Japan, with many goods and events being held to this day.

“Mushroom Garden Prime” represents the series’ return to the global stage, already having found success in South Korea and the United States.

About Beeworks Games

Beeworks Games values originality, providing unique and enjoyable experiences through their games. Their mission is to create games and characters loved by fans of all ages.

View source version on businesswire.com:
https://www.businesswire.com/news/home/20231214985976/en/

Contact

Beeworks Co., Ltd.
Kristofer Chan
kchan@beeworks.co.jp
+81-3-6859-0697
https://beeworksgames.com/en/

Source : Beeworks Co., Ltd.

--BERNAMA

Thursday, December 14, 2023

Four male allies bag "Voices of Solidarity Awards" in support for women's rights - Vital Voices

New York, N.Y., Dec 13 (Bernama) -- To mark the 75th Anniversary of International Human Rights Day, this week Vital Voices Global Partnership proudly honored male allies who have shown remarkable courage and commitment to advocating for women’s rights.

Philanthropist and Fashion Designer Diane von Furstenberg and Vital Voices Co-founder, President & CEO Alyse Nelson hosted the 10th Annual Voices of Solidarity Awards on Monday evening at the historic IAC building in New York City – just one day after the 75th Annual Human Rights Day. They honored Legendary Skateboarder Tony Hawk, U.S. Representative Jimmy Gomez (CA-34), Artist & Activist Omaid Sharifi, and Human Rights Activist Fallu Sowe.

Tony Hawk was recognized for championing girls in sports, particularly through his foundation, Skatepark Project, and working with Skateistan in Afghanistan.

For full release , click here : http://mrem.bernama.com/viewsm.php?idm=47764

Wednesday, December 13, 2023

MORELOGIN, THE WORLD'S #1 ANTIDETECT BROWSER, SHOWCASED AT AFFILIATE WORLD ASIA (AWA)

MoreLogin attends AWA (Photo: Business Wire)


MoreLogin, a pioneer in antidetect browser technology, highlights its unique solutions at Asia's largest affiliate marketing conference.

BANGKOK, Dec 13 (Bernama-BUSINESS WIRE) -- MoreLogin, a leader in the field of antidetect browser technology, today announced its participation in Affiliate World Asia (AWA), the premier conference for affiliate marketing in Bangkok, Thailand. MoreLogin's presence at this prestigious event underscores its commitment to providing innovative solutions for affiliate marketers worldwide.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20231212705676/en/

AWA is Asia's largest affiliate marketing conference, bringing together top marketing experts and brands from around the world. MoreLogin's presentation attracted significant attention from attendees interested in tools that can enhance affiliate marketing efficiency.

About MoreLogin:
Founded in 2016, MoreLogin has rapidly emerged as a key player in the antidetect browser market. MoreLogin has made customer satisfaction its primary concern and to date, more than 5,000,000 accounts have been safely and securely protected by MoreLogin. The company specializes in cross platform management solutions that enable seamless multi-account management and global reach for affiliate marketers, all while maintaining user anonymity and enhancing operational efficiency. Whether it's enhancing anonymity, streamlining automation, or ensuring seamless teamwork, MoreLogin aligns best with affiliate strategies and objectives. 2M+ users give positive review for its best services and stable performance

A Word from the CEO:

Saul Jamison, CEO of MoreLogin, shared his enthusiasm about the company's participation in AWA: "We are excited to demonstrate our antidetect browser at Affiliate World Asia. Our technology is crafted to empower affiliate marketers, offering them a streamlined, secure, and efficient way to manage their digital presence. We eagerly anticipate engaging with industry peers and showcasing how MoreLogin can be a game-changer in affiliate marketing."

For more information about MoreLogin and its innovative solutions, visit www.morelogin.com.

View source version on businesswire.com:
https://www.businesswire.com/news/home/20231212705676/en/

Contact

Email: support@morelogin.com
Website: www.morelogin.com

Source : MoreLogin

--BERNAMA

MAYBANK, MR.DIY, AND SPRITZER ARE AMONG THE WINNERS OF THE 2023 - 2024 WORLD BRANDING AWARDS

LONDON, Dec 13 (Bernama-BUSINESS WIRE) -- The 17th edition of the World Branding Awards honoured the success and achievements of some of the World’s Best Brands as National, Regional, and Global Winners. The 2023 - 2024 World Branding Awards saw over 1,500 brands from more than 40 countries nominated as “Brand of the Year”. Of these, less than 200 were declared Winners.
The prestigious Award Ceremony was held at the home of the awards, Kensington Palace, United Kingdom. It welcomed over 100 guests worldwide and was hosted by acclaimed television presenter, David Croft.

Global winners who proved excellence and impeccable branding in their industry include Yakult (Japan), LURPAK (Denmark), Marriott International (USA), and The Body Shop (United Kingdom).

Winners from Malaysia include Spritzer, Munchy’s, Getha, Maybank, MR.DIY, Sunway Property, Golden Screen Cinema, Al-Ikhsan Sports, Twisties, Unifi, and Aeon. Other National tier winners include Frank & Co. (Indonesia), INDOPLAS (The Philippines), TOPS (Thailand), Nippon Rent-A-Car (Japan), Boots (United Kingdom), Safaricom (Kenya), Sokos Hotel (Finland), and Sukiya (Japan), to name a few.

Only 14 brands were selected to receive the Regional Tier award this year, including Nippon Rent-A-Car (Japan), GIG (Kuwait), MR.DIY (Malaysia), M-150 (Thailand), HECOM (Hong Kong), and VITADAY (Thailand). These brands were voted as consumers' favourites in 4 or more countries across 3 or more areas in a specific geographic region.

“This is a celebration of the continuous efforts that is vital to building outstanding brands. To stay relevant as a brand, brands must build an image that resonates and lasts. This means not only building up a culture and community around the brand through marketing, but also ensuring that all generations continue to find the brand interesting,” said Mr Richard Rowles, Chairman of the World Branding Forum.

More than 150,000 consumers participated in the nomination process globally this year. On average, there are only 5 winning brands in each country, proving that winning a World Branding Award is a remarkable accomplishment.

For more information and the full list of winners, visit awards.brandingforum.org.

ABOUT WORLD BRANDING AWARDS

The World Branding Awards is the premier awards of the World Branding Forum, a registered non-profit organisation. The awards recognise the achievements of some of the world’s best brands.

SOCIAL MEDIA

Facebook: https://www.facebook.com/worldbrandingforum

Twitter: https://twitter.com/WorldBranding

Instagram: https://www.instagram.com/worldbranding/

LinkedIn: https://linkedin.com/company/world-branding-forum

View source version on businesswire.com:
https://www.businesswire.com/news/home/20231207888611/en/

Contact

Email: editorial@brandingforum.org

Source : World Branding Awards

--BERNAMA

Tuesday, December 12, 2023

TOOWOOMBA REGIONAL COUNCIL ENHANCES ROUTE TO DIGITAL SERVICES WITH BOOMI

Toowoomba Regional Council Enhances Route to Digital Services With Boomi (Graphic: Business Wire)


Queensland local government streamlines data to improve resident engagement and bolster its Internet of Things (IoT) project

SYDNEY & BRISBANE, Australia, Dec 12 (Bernama-BUSINESS WIRE) -- Boomi™, the intelligent connectivity and automation leader, today announced that Toowoomba Regional Council has implemented the Boomi platform to streamline digital services delivery to residents and drive key initiatives such as its Internet of Things (IoT) water infrastructure project.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20231211658796/en/

Situated in southeast Queensland, Australia, Toowoomba Regional Council (TRC) is home to more than 180,000 residents. The council is currently undergoing an experience-motivated technology transformation, using data to improve digital services for residents — from maintenance requests, to water payments, to managing development applications.

“Community services must complement the digital lives of locals,” said Mark Godfrey, Senior Integration Developer at TRC. “They need to be timely and accessible by residents, while easily maintained by council staff. We sought to implement a data framework that would create a common understanding of what’s happening across the council so processes can happen without fuss, and enable us to respond to the community faster and reduce organizational risk.”

TRC replaced manual, point-to-point integrations with the Boomi platform, connecting business-critical applications, including its electronic document management system; ERP software; people, property, and regulatory software; property development portal, smart parking system, and waste services system. With data silos and information duplications eliminated, TRC has streamlined several public-facing processes, including property development documentation.

“In the past, residents reported that documents were going missing online, which would prompt the IT team to investigate and manually amend systems – this would take hours. Now, we’re no longer allowing antiquated processes to impact our engagement with residents, nor allowing it to hinder our governance,” said Godfrey.

He added, “With Boomi, we’re able to meet state government requirements by ensuring development documents are available for public consumption. At the same time, we are gaining a better understanding of how residents interact with us. From capturing metrics on public requests to issuing alerts, we’re able to respond to documentation demand and problems in real time. This gives our technology improvements meaning – it's not just advancement in the IT room, it’s also advancement for people and processes.”

As part of its smarter infrastructure strategy, TRC is also undergoing a major water infrastructure refresh.

Godfrey stated, “We’re pulling out more than 64,000 home and business water meters and replacing the aging infrastructure with smart meters over the next three years. Instead of relying on manual meter readings, Boomi’s intelligent and low-code platform synchronizes with Iota Services – our IoT partner – to pull meter data and ensure the information flows where it needs to go.”

Looking ahead, TRC will use Flow, Boomi’s workflow automation solution, to elevate overall resident experience. This will include developing online forms such as direct debit requests. Currently, residents must download, sign, and scan paper-based requests, and then staff manually triage these requests. Boomi Flow will streamline the process by making digital signing possible and automating internal triaging.

Other Flow projects will see TRC establish a 360-degree view of resident information within a single interface. With a complete view of everything from pets listed and properties registered, to rates payments, TRC employees will be able to respond to citizen inquiries more quickly and with a firmer understanding of their needs.

“Australians have come to expect top quality digital services from organizations, and that extends to the councils which oversee their places of residence,” said Nathan Gower, Director of Australia and New Zealand at Boomi. “Convoluted processes are not acceptable. Boomi has given TRC the ability to remove inefficiencies and better meet its region’s specific requirements while maintaining accountability over the taxpayer dollars it spends.”

Additional Resources

· Learn more about the Boomi platform
· Explore the Boomiverse Community
· Follow Boomi on Twitter, LinkedIn, Facebook, and YouTube

About Boomi
Boomi aims to make the world a better place by connecting everyone to everything, anywhere. The pioneer of cloud-based integration platform as a service (iPaaS), and now a category-leading, global software as a service (SaaS) company, Boomi touts the largest customer base among integration platform vendors and a worldwide network of approximately 800 partners – including Accenture, Capgemini, Deloitte, SAP, and Snowflake. Global organizations turn to Boomi’s award-winning platform to discover, manage, and orchestrate data, while connecting applications, processes, and people for better, faster outcomes. For more information, visit boomi.com.

© 2023 Boomi, LP. Boomi, the ‘B’ logo, and Boomiverse are trademarks of Boomi, LP or its subsidiaries or affiliates. All rights reserved. Other names or marks may be the trademarks of their respective owners.

View source version on businesswire.com:
https://www.businesswire.com/news/home/20231211658796/en/

Contact

Media:

Jasmine Ee
Head of Media and Analyst Relations, APJ
jasmine.ee@boomi.com

Source : Boomi, LP

--BERNAMA

DUCK CREEK TECHNOLOGIES APPOINTS BARBARA BUFKIN AND DIANE FANELLI TO BOARD OF DIRECTORS

Accomplished executives bring decades of insurance and technology expertise to new board roles

BOSTON, Dec 12 (Bernama-GLOBE NEWSWIRE) --
Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, has announced the appointments of Barbara Bufkin and Diane Fanelli to the company’s board of directors. Bufkin joins Duck Creek’s board with an extensive background in global (re)insurance, distribution, underwriting, and technology, advising companies in originating and fostering strategic partnerships. Fanelli is a global customer-centric operations leader known for her expertise in guiding global enterprise software teams and company growth.

“Barbara and Diane are each accomplished and recognized experts in their respective fields, and they will add incredible value to guide Duck Creek’s long-term mission and business strategy,” says Mike Jackowski, CEO of Duck Creek Technologies. “Barbara’s and Diane’s areas of expertise are highly complementary and a perfect fit to enhance our customer success initiatives, advance our partner ecosystem to benefit our insurer customers and their policyholders, and enable our global growth aspirations. It is an honor to have their talents on our board of directors.”

Bufkin is a C-suite executive leader with vast experience in the insurance and reinsurance industry, with roles encompassing operational and strategic responsibilities, business and product development, underwriting, claims, risk management, and corporate governance. Most recently, she served as a senior advisor to Amwins and was a founding member of the Amwins Group Diversity & Inclusion Council. Bufkin has also held executive leadership roles at Argo Group, Assurant, Hamilton USA, Guy Carpenter, Sedgewick Payne (acquired by Guy Carpenter), and Swiss Re. Bufkin advocates for the value of the insurance industry as a career of choice in her role on the Board of Trustees of Gamma Iota Sigma (GIS) and is past president and chair of the governance committee formed during her tenure. Bufkin is a 2012 recipient of the Association of Professional Insurance Women’s (APIW) Woman of the Year award and was inducted into the Insurance Business America Hall of Fame in 2019. Her philanthropic work includes the Inclusion, Diversity, Equity and Accessibility (IDEA) Council of the Insurance Industry Charitable Foundation (IICF).

DUCK CREEK TECHNOLOGIES APPOINTS BARBARA BUFKIN AND DIANE FANELLI TO BOARD OF DIRECTORS

Monday, December 11, 2023

ESG, NET ZERO, AND DATA CENTERS GROWTH IN MALAYSIA

KUALA LUMPUR, Dec 11 (Bernama) -- The ever-expending digital economy is driving the growth of data centers in Malaysia. Digital transformation of businesses into online businesses such as in retail, banking, insurance, and more are one of the causes. In addition, the growth of artificial intelligence (AI), video streaming, storage, and backups, 5G, internet of things, digital payment, and more are pushing data centers development into a gold rush of the 21st century. The growth of data centers in Malaysia (and surrounding region) is further driven by the spillover effect from Singapore. Singapore limited data centers developments after achieving a milestone of 7% of the nation energy being supplied to data centers alone.

It is common for big corporates to build and operate their own data centers. However, most other corporations chose to locate their servers with a co-location data center. We can imagine a co-locator as a long-term hotel for servers. Corporations rent spaces from these co-location providers. Organizations have shifted to co-locators because they can offer better security, redundancy, and services, while allowing them to focus back on their core businesses.

Meanwhile, the recent growth in awareness of Net Zero and ESG is pressuring all data centers to go green. Clients of co-locators are organizations that have made commitments to Net Zero and ESG. To keep these customers, data centers must meet their needs. Unfortunately, data centers are high carbon emitters and high in water consumption. It is a highly polluting industry.

While the demand for data centers continues to soar with the expanding industry landscape, we cannot turn a blind eye to the fact that traditional data center models are inherently energy-intensive. It is incumbent upon us to champion a paradigm shift towards sustainable data infrastructure.”

According to the Green Building Index (GBI), the immediate goal in data centers today is improving energy efficiency. The most important metrics for measuring the energy efficiency of a data center is PUE, or power usage effectiveness. PUE is a ratio of the total amount of power used by a data center to the power used by the IT equipment. A PUE of 1.0 is ideal, meaning that all the power used by the data center is used to power the IT equipment. A PUE of 2.0 means that half of the power used by the data center is wasted on non-IT equipment.

PUE=(Total Facility Power)/(IT Equipment Power)

The goal is to reduce power consumption of non-IT equipment as much as possible, to bring PUE close to 1.0. The latest data from Google¹, showed that a few of their data centers are operating with PUE as low as 1.07 in 2023. Worldwide, Google data centers have a global average of 1.10.

The Uptime Institute is a recognized certifying body for data centers, and they regularly publish data on data centers’ PUE. In 2007, they published that the global average PUE in large-scale data centers was 2.5. Today the average PUE has reduced to 1.46 in Europe, 1.55 in North America, 1.60 in Asia Pacific, and 1.79 in Middle East & Africa.

The Singapore government has recently set a PUE limit of 1.3 for new data centers. Although rare, there are already data centers in Singapore with operating PUE below 1.3 today, with one published to be operating at PUE of 1.1 using liquid cooling technology.

In a benchmarking report published by Singapore in 2012, the average PUE in Singapore was 2.07. In the same report, they have also summarized that approximately 50% of power consumption in a data center is due to the IT equipment, 37% due to the cooling equipment, and 12% is for rest of electrical consumption such as lighting, power distribution, UPS, ventilation, and the dedicated office spaces. In short, the biggest chunk of non-IT energy consumption is used for cooling of IT equipment. The energy consumption of office spaces is relatively small in an overall picture of a data center.

Although Malaysia have not set any target on energy efficiency for data centers, ESG and Net Zero movement will drive energy efficiency in this industry. For example, YTL announced last year that their 500 MW data center campus in Johor will be powered by solar energy, and it will have a PUE of 1.2.

Air-Cooling in Data Centers

Air-cooling is the conventional way of cooling data centers. In the past, it was common for data centers to be operated at extremely cold temperatures. Often temperatures were set below 20⁰C in the assumption that it was good for the IT equipment. After extensive research, ASHRAE published a document in 2008, revealing that IT equipment can operate in the range of 18⁰ to 27⁰C without any issues.

This revelation droves innovations in air cooling technology for data centers. Designs of air-cooling system were revamped for high-temperature cooling. Data centers were built with hot-aisle cold-aisle configuration, displacement ventilation, in-rack cooling, and more. These innovations drove the energy efficiency improvements in data centers till today. However, we may be approaching the tail-end of air-cooling for data centers.

Liquid-Cooling

Due to the increasing power densities of servers, where above 100 kW per rack is expected (typically it is around 6 to 15 kW per rack today), there is a need for a major revamp of the cooling system for data centers. Conventional air-cooling will no longer be enough to provide the cooling needed by such a load. Liquid-cooling is required.

More interestingly, liquid-cooling has the potential to be significantly more energy efficient than air-cooling because water has 4x higher thermal capacity than air. It will take 4x less energy to move heat out of the building compared to air-cooling. Designed well, the domino effect from such an advantage can led to drastic reduction in energy consumption to a data center.

Currently, technologies on liquid-cooling have split into two directions, cold-plate, and immersion.

Cold-plate is a water-cooled copper plate directly attached on top of a processor chip. Initially, there were concerns of water leakages, but these concerns were taken away by operating the water circuit below the atmospheric pressure (if there is a leak, air sucks in, without leaking water out). There are also many other proprietary technologies in the market today addressing this concern.

Immersion cooling is the use of liquid that does not conduct electricity. Therefore, the entire circuit board can be immersed into this liquid without short-circuiting. 3M used to provide such proprietary liquid but has recently stopped producing it. The 3M technology was interesting because it worked on a heat-pipe principle, where the heat from the servers boils the liquid into gas, transporting it without adding energy for it to be cooled into liquid again. The cooled liquid flows back down to the server for the cycle to repeat again, mimicking our natural rain cycle.

Another liquid that is commonly used for immersion cooling is mineral oil. Mineral oil does not conduct electricity, allowing any circuit board to be immersed in it. But this idea has yet to gain mainstream although it has been around for some time. It is still an unconventional idea for the industry to imagine an entire circuit board (server) can be submerged in a liquid.

Water consumption

In Malaysia, water consumption of data centers is primary driven by the need of cooling. All the heat generated in a data center is typically removed by a cooling tower via evaporation of water. As the power densities of data center is projected to increase, the amount of heat to be rejected will also increase and along with it, the evaporation of water.

The Water Usage Effectiveness (WUE) is commonly used in Singapore. It is a measure of the water efficiency of data centers. It is calculated as the amount of water used by a data center divided by its annual operating IT equipment load. The lower the WUE, the more efficient the data center is in its water use.

The average WUE for data centers in Singapore is 2.6 m3/MWh. This means that, on average, data centers in Singapore use 2.6 cubic meters of water to operate one megawatt hour of IT equipment. The global average WUE for data centers is 3.5 m3/MWh.

There are data centers in Singapore with WUE less than 2 m3/MWh. These data centers are using a variety of water efficiency measures, including:

· A more efficient cooling system.
· Rainwater harvesting and recycling of water.
· Waterless cooling technologies.

Singapore is actively funding projects to develop a waterless cooling technology for data centers. This technology could potentially revolutionize the data center cooling industry and reduce water consumption even further. At home, our split unit air-conditioning system is air-cooled, without a water-based cooling tower. Therefore, there is a possibility of making this happen in data centers.

GBI Rating for Data Center

Two tools in GBI can be used for data center. New constructions will use the NRNC (Non-Residential New Construction) tool, while existing data centers can use the EB (Existing Building) tool. The only difference in GBI between a typical building and that of a data center is the scoring for Advance EE Performance, where PUE is specified instead of BEI (building energy intensity). The credits scoring for PUE in GBI is as follows:


PUE Points
< 1.9 2
< 1.8 3
< 1.7 5
< 1.6 8
< 1.5 10
< 1.4 12
< 1.3 15


The above points scored for each PUE level were established many years ago. Based on the report from the Uptime Institute, the PUE in Asia Pacific averages at 1.60 today. In addition, it is also known that Singapore has set a limit of PUE at 1.30 for new data centers. This may be a suitable time to revise GBI to start scoring credit at PUE of 1.60 and to end at PUE of 1.30. The smaller interval between PUE to earn additional credits will encourage projects to push ever slightly more to gain additional credits.

In addition, GBI may also consider a ‘reducing interval’ for points scoring, where the higher PUE has a bigger interval for additional credits, while at lower PUE, the intervals become smaller for additional credits. This will make the system fairer, because it is easier to improve energy efficiency when it is not efficient and becomes more difficult to make improvements when it is already efficient.

In GBI, water efficiency is addressed by rainwater harvesting, water recycling, efficient irrigation/landscaping, and metering & leakage detection. The water used by cooling need is indirectly addressed by these requirements. However, for a data center, it may be necessary to address water consumption for cooling directly because this is the overwhelming use of water in a data center. The WUE is a simple measurable indicator of water efficiency in data centers that is globally recognized today. It can be a useful indicator for awarding credits on the water sustainability of a data center.

Due to climate change, there is a strong possibility of drought (and flood) in Malaysia depending on El Nino or La Nina weather cycle. It is worthwhile preparing our data centers to be ready for such events by reducing water consumption, thereby reducing the risk of climate change on their business.

GBI addresses sustainability issues beyond energy and water. For example, there is an entire section dedicated to indoor environmental quality on air, view, and acoustic comfort for building occupants. In addition, GBI also addresses various environmental issues on site, before, during, and after construction. While these sustainability issues are important, the primary pollution from a data center is carbon emissions and high-water consumption. Moreover, the office spaces (and number of people working) are small in a data center. Due to this, there might be an opportunity to fine-tune GBI weightages for a data center in Malaysia to better reflect its sustainability need. A GBI tool specifically addressing the need of data centers for our Malaysian environment, will encourage more data centers to adopt it and put GBI ahead of other green building ratings tools for data centers.

Conclusion

It is forecasted that green data centers will be growing exponentially due to digital transformation, Net Zero, and ESG movement. The overwhelming power consumption is the primary driver of pollution for data centers in Malaysia, namely high carbon emissions and high-water consumption.

PUE and WUE are two commonly used indicators of energy efficiency and water efficiency in data centers. However, these indicators do not fully address all the sustainability issues in data center development. Green building ratings such as GBI can help to address these gaps. However, there may be room to improve the weightages in GBI to closely reflect the sustainability impact of data centers in tropics.

“GBI recognizes the urgency to address the environmental impact of data centers. We are committed to ensuring that our rating tools evolve to meet the specific needs of this burgeoning sector,” said GBI Accreditation Panel Chair, Ar. Dr. Serina Hijjas.

The drive for green data centers is an opportunity for GBI to innovate a win-win outcome for the environment, society, and economy in data centers. GBI can be a leading tool by addressing the need of ESG and Net Zero to mitigate climate change and in reducing climate change risk in data centers.

¹Source: https://www.google.com/about/datacenters/efficiency/ and Green Building Index

GBI Backgrounder

GBI is Malaysia’s industry-recognised Green Rating Tool for buildings and townships. It is a wholly-owned subsidiary of Pertubuhan Akitek Malaysia (PAM) and the Association of Consulting Engineers Malaysia (ACEM). For more information, please visit www.greenbuildingindex.org or contact:

Source: Greenbuildingindex Sdn Bhd

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Nur Aqilah Husna
Tel: +6013 4407375
Email: aqilah@greenbuildingindex.org

Name: Andrew Kong
Tel: +6012 6818838
Email: andrew@greenbuildingindex.org

--BERNAMA

Sunday, December 10, 2023

RAJANT WINS IET INDUSTRY EXCELLENCE PLATINUM AWARD 2023

UK-based Institute of Engineering & Technology Distinction Given to Rajant Kinetic Mesh®

Malvern, Pennsylvania (USA), Dec 8 (Bernama-GLOBE NEWSWIRE) -- Rajant Corporation, the pioneer of Kinetic Mesh® wireless networks, is an Institute of Engineering & Technology (IET) Industry Excellence Platinum Award winner for 2023. IET is a UK-based 149-year-old organization with membership of 170,000 engineering and technology professionals in 148 countries. The announcement was made on November 25thduring the IET Malaysia Prestige Lecture and Award Dinner 2023, which recognizes the hard work and achievements of individuals and industry players who have contributed immensely to the nation of Malaysia and beyond. 

There to receive the award were representatives from Rajant and channel partners Automation & Control Systems and Red Team. Sentiments about the significance of this award are:

“Automation & Control Systems has been a Kinetic Mesh Partner of Rajant since 2019. Rajant Corporation's unique wireless mesh technology has been a game-changer for our clients, especially those running mission-critical and safety applications. I'm happy that IET recognizes Rajant’s engineering contribution with the prestige of this award.”  Steven Chan, Business Development Director, Automation & Control Systems Malaysia 

http://mrem.bernama.com/viewsm.php?idm=47728

Friday, December 8, 2023

CAPCOM ANNOUNCES MONSTER HUNTER WILDS!

Monster Hunter Wilds is scheduled for release in 2025 (Graphic: Business Wire)


This latest title is scheduled to join the cumulative 95-million-unit-selling series in 2025

OSAKA, Japan, Dec 8 (Bernama-BUSINESS WIRE) -- Capcom Co., Ltd. (TOKYO:9697) today announced that Monster Hunter Wilds, the next game in the critically acclaimed Monster Hunter series, is scheduled for release in 2025.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20231208760996/en/

Monster Hunter Wilds is the latest title in the series and the first all-new mainline entry since Monster Hunter Rise was released in 2021. Monster Hunter Wilds is scheduled for release in 2025 and is being developed with the aim of delivering an experience that satisfies both long-time fans of the series and newcomers as well.

Capcom remains firmly committed to satisfying the expectations of all stakeholders by leveraging its industry-leading game development capabilities in order to create highly entertaining gameplay experiences.

ABOUT Monster Hunter

The Monster Hunter series consists of hunting action games that pit players against giant monsters in beautiful natural environments. Beginning with the first title in 2004, the series established a new genre of video games in which players work together with friends to hunt ferocious monsters. The Monster Hunter series has since grown into a global phenomenon with cumulative sales exceeding 95 million units as of September 30, 2023.

ABOUT CAPCOM

Capcom is a leading worldwide developer, publisher and distributor of interactive entertainment for game consoles, PCs, handheld and wireless devices. Founded in 1983, the company has created hundreds of games, including groundbreaking franchises Resident Evil™, Monster Hunter™, Street Fighter™, Mega Man™, Devil May Cry™ and Ace Attorney™. Capcom maintains operations in the U.S., U.K., Germany, France, Hong Kong, Taiwan, Singapore and Tokyo, with corporate headquarters located in Osaka, Japan. More information about Capcom can be found at https://www.capcom.co.jp/ir/english/

View source version on businesswire.com:
https://www.businesswire.com/news/home/20231208760996/en/

Contact

Capcom Public Relations & Investor Relations Section
Daniel Levine
+81-6-6920-3623
daniel-levine@capcom.com

Yoshiko Ikeda
+81-6-6920-3623
yoshiko-ikeda@capcom.com

Source : Capcom Co., Ltd.

--BERNAMA

Thursday, December 7, 2023

UWC BERHAD MARKS AN EXEMPLARY EFFORT FOR A SUSTAINABLE TALENT POOL

PETALING JAYA, Dec 7 (Bernama) -- UWC Berhad recently received the prestigious PRISM Award in South Korea, cementing the company’s outstanding performance, ongoing advancement, and commendable contribution to Environmental, Social and Governance (ESG) practices.
The company, which specializes in the design, production, sales, and maintenance of semiconductor wafer processing equipment used in the fabrication of semiconductor devices, was among the top 15 manufacturers worldwide recognised with the Sustainability PRISM Award – Supply Chain. It honours suppliers’ commitment to sustainability, with award categories for leadership, innovation, and collaboration. UWC secured the top three award from among over 1000 suppliers globally.

In the aspect of collaboration, the award demonstrates UWC Berhad’s exemplary effort in engaging with various government organisations to build the company’s sustainable workforce. Through its talent development initiative, UWC Berhad champions the effort to bridge education disparities to foster talent by participating in the Academy in Industry (AiI) programme.

AiI, launched by the Government in August 2023, is a work-based programme at selected companies that aims to address challenges in building a pool of skilled and competent workers through a demand-driven approach focusing on market and industry needs. The goals are to manage the labour force shortage, raise Malaysia’s national education attainment, and boost the industry’s productivity.

The programme is expected to elevate the Technical and Vocational Education and Training (TVET) – based programmes to greater heights in mainstream education and build local talents for robust industrial development, especially for the manufacturing and manufacturing-related services sectors. AiI aligns with the aspirations of the New Industrial Master Plan 2030 (NIMP 2030) for more skilled workers and higher salaries for the rakyat.

Malaysia Productivity Corporation (MPC) and the Department of Skills Development (JPK) spearhead AiI implementation in collaboration with industry players and other government bodies. On 12 January 2022, UWC Berhad was recognised as the National Dual Training System (SLDN) Accredited Centre to implement AiI at its premises.

Ms Ng Sze Yen, UWC Berhad’s General Manager, said the company thanks MPC and JPK for the collaborative effort. “Big thanks to Malaysia Productivity Corporation (MPC) and the Department of Skills Development (JPK) for the Academy in Industry, AiI-SLDN talent development programme. This collaboration has led us to win a social responsibility award from among more than 1000 suppliers from the US, Netherlands, Germany, South Korea, Singapore, and Japan, at the PRISM Award in Korea.”

The AiI programme at UWC Berhad aligns with the company’s growth and development plan. Hiring and training skilled and semi-skilled labour are necessary to meet the company’s demand for growth. Through AiI, UWC Berhad has launched some initiatives to identify talents to fill positions as skilled and semi-skilled workers and has since become one of AiI's main strategic partners.

At UWC Berhad, the AiI programme is implemented in Proses Kimpalan Gas Logam [MC-025-3:2012] and Proses Kimpalan Arka Gas Tungsten [MC-026-3:2012]. The company is in the process of adding AiI into Mechatronics skill areas.

MPC Director General, Encik Zahid Ismail, said that UWC Berhad’s talent development initiative is a noble effort to help Malaysian youth who do not have the opportunity to continue learning at the tertiary level.

“After completing the 18-month AiI programme, participants are equipped with industry experience and will receive Malaysian Skills Certificate (SKM) Level 3, charting their pathway for career and education advancement.”

“AiI participants are given incentives and paid as company’s employees, enabling them to have salaries and allowances.”

“Industry participation, such as from UWC Berhad, is crucial in building a large pool of talented individuals to fulfil the market’s future demand. With a large pool of competitive and skilled talent, Malaysia is well-positioned to adopt and adapt to the IR 4.0 technology revolution and fast-changing economic landscape.”

AiI is expected to contribute to the Government’s goals to increase the percentage of skilled workforce from 29.6% in 2021 to 35% by 2025. High-level skills empower workers to adapt to new technologies, ensuring relevance in the dynamic labour market. This requires a transformation in talent development efforts to offer more job-based skill opportunities to local talent.

AiI’s primary target is youth entering the workforce directly after completing the Sijil Pelajaran Malaysia (SPM). One cohort of SPM leavers comprises an average of 400,000 students. Of these, 200,000 have the opportunity to pursue higher education, while the remaining 200,000, who do not continue their education, are AiI’s primary focus.

About Malaysia Productivity Corporation (MPC)
Malaysia Productivity Corporation (MPC) is a statutory body under the Ministry of International Trade and Industry (MITI). MPC promotes productivity, quality and competitiveness to the industries and organisations in Malaysia. MPC's vision is to be the leading organisation in productivity enhancement for global competitiveness and innovation.

Released by MALAYSIA PRODUCTIVITY CORPORATION

Source: Malaysia Productivity Corporation (MPC)

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Nik Haneez Amizan Nik Rosdi
Tel: 019-7181804
Email: nikhaneez@mpc.gov.my

--BERNAMA

EXPERTS GATHER IN NANNING TO SUPPORT HIGH-QUALITY DEVELOPMENT OF GUANGXI'S NIGHT ECONOMY

NANNING, China, Dec. 7, 2023 /Xinhua-AsiaNet/--

From December 4 to 5, a series of side events of the 2023 Guangxi Night Economy High-Quality Development Exchange Conference were held in Nanning, Guangxi. More than 300 renowned experts, entrepreneurs, and industry association representatives from all over the country gathered in Nanning to discuss the strategies and plans for the high-quality development of Guangxi's night economy through expert speeches, case sharing, brand promotion, site visits, immersive experience, among other forms.

During the event, representatives visited the Baiyi - Shanghecheng Creative Block, "Nanning Night" Scenic Area, Yongjiang Night Tour and other popular destinations, experiencing in person the rich and colorful night economy and culture of Nanning. Tourism experts from all over the country conducted live streaming while visiting Nanning's city landmarks and exploring the beautiful scenery, food, specialty products, recreations, and intangible cultural heritage.

Lai Fuqiang, member of the Party Committee and Deputy Director of the Department of Culture and Tourism of Guangxi Zhuang Autonomous Region, introduced that Guangxi is located in a subtropical monsoon climate zone, with a warm and pleasant climate, excellent ecological environment, beautiful scenery, unique ethnic customs, colorful culture, and a strong urban nightlife atmosphere, which collectively form the unique advantages for the development of night economy in the province. In recent years, the Department of Culture and Tourism insists on developing the night economy as an important measure to promote consumption, stabilize employment, and benefit people's livelihoods, and has introduced a spate of policies to strengthen policy measures for the development of night economy. These measures include organizing the research on the potential index of night consumption in China's new consumer groups and the research on the development of Guangxi's night economy, increasing rewards for phenomenon-level cultural tourism projects and brands, and vigorously carrying out night cultural and tourism consumption theme activities, thereby effectively boosting high-quality development of the night economy.

Various cities in Guangxi have fostered a series of night performances, such as Beihai's Maritime Silk Road First Port and Guilin's Millennium Love, a number of night tour blocks, such as Nanning Night and Chongzuo's Taiping Ancient City, a number of night tour scenic spots, such as Liuzhou's Yueye Dong Village Scenic Area and Dongxing Guomen Scenic Area, and a number of night tour routes, such as Yongjiang Night Tour and Liujiang Night Tour. Additionally, 11 national-level night cultural and tourism consumption gathering areas, such as Nanning's Three Streets and Two Alleys, Guilin's East-West Alley, and Hezhou's Huangyao Ancient Town, have also been established.

Nanning, the capital of Guangxi, is a city that basically "has no winter" and is truly known as "a sleepless city in China". In recent years, Nanning has aimed to become a regional international tourism center. To that end, the city has developed an integrated development model of "culture + tourism + commerce", having created a variety of normalized, diversified, and distinctive nighttime cultural and tourism consumption brands that offer diverse consumption scenes for tourists and residents. Today, the charm of Nanning's brand "A Sleepless City in China, Romantic Nights in Nanning" is becoming increasingly prominent, injecting strong impetus into the accelerated construction of an international metropolis for opening-up and cooperation with ASEAN.

Guangxi will take the opportunity of hosting this exchange conference to tap into its rich and colorful cultural and tourism resources, accelerate innovation and opening-up and diverse integration, create distinctive new nighttime consumption scenarios, cultivate new forms for night economy, and build a new pattern for the development of the night economy. By providing high-quality supply and good services, the aim is to improve the convenience, vibrancy, and safety of nighttime consumption, and to better meet the personalized, multi-level, and quality nighttime consumption demands of tourists and residents. The focus is on creating an upgraded version of the night economy, shaping the brand of "A New World of Charm, Romantic Nights in Guangxi", and further propelling the night economy in Guangxi to support high-quality economic and social development.

Night economy is an important component of urban economy and a significant indicator of the openness and vitality of urban economy. Data shows that approximately 60% of consumption occurs at night. Currently, the night economy is continuously upgrading towards industrialization, specialization, and higher quality, reflecting people's aspirations for a richer, easier, and better life.

Source: The Department of Culture and Tourism of Guangxi Zhuang Autonomous Region

--BERNAMA

STX GROUP LAUNCHES WORKING CAPITAL SOLUTION TO ACCELERATE RENEWABLE ENERGY TRANSITION

New SPV introduces innovative way to provide funding to environmental commodities markets

Amsterdam, Dec 6 (Bernama-GLOBE NEWSWIRE) -- AMSTERDAM (December 6, 2023) STX Group, a leading environmental markets and climate solutions firm, today announces the launch of a working capital solution, specifically designed for environmental certificates. The launch comes as a response to the increased requirements for companies to hold environmental certificates to meet their ESG targets. Traditional financing methods often fall short in providing the necessary funding. STX Group has established an independent Special Purpose Vehicle (SPV) offering companies the necessary working capital funding for their environmental certificates.

The new service provides STX Group’s customers and counterparties with financial flexibility to manage the energy transition.

The newly launched SPV solution differs from traditional financing through the wide range of liquid and less liquid certificates that can be financed as well as offering higher advance rates. The SPV takes temporary ownership of the environmental commodities which may allow for balance sheet friendly treatment of the financing. The SPV is an attractive platform for lenders to gain access to one of the fastest growing parts of the credit universe. Through its extensive client base, STX Group has unrivaled access to counterparties looking to finance their environmental certificate holdings. This allows lenders to add collateralized credit exposure to highly rated counterparties to their portfolio.

The introduction of the SPV follows a sequence of new financial solutions and services introduced by STX Group earlier this year, placing the company at the forefront of incumbent financial markets where environmental commodities play an emerging role. This momentum is underscored by recent additions to STX Group's portfolio, including the April 2023 launch of the borrowing base facility where a broad base of environmental commodities was for the first time recognizes as collateral by global banks, and the unveiling of the STX Group carbon fund in October 2023. Both demonstrate the growing importance of environmental commodities as pivotal financial instruments.

“The launch of this new solution provides immense opportunities for our customers and counterparties as they increase their activities in environmental commodities markets. We are delighted to work with them by providing them with more efficient and secure market access,” said Bart Wesselink, Chief Financial and Risk Officer of STX Group.

The SPV is independently managed by Vistra, one of the leading fund administrator and corporate service providers. Vistra is regulated by Dutch Central Bank DNB.
 
- ENDS - 

Wednesday, December 6, 2023

LAUNCH OF APO PRODUCTIVITY DATABOOK 2023

Example of data from the APO Productivity Databook 2023: Figure 5.13 Half-Century Total Factor Productivity index by Country, 1970-2021 (Graphic: Business Wire)


TOKYO, Dec 6 (Bernama-BUSINESS WIRE) -- The Asian Productivity Organization (APO) released the APO Productivity Databook 2023, an annual publication that provides an extensive compilation of productivity statistics and trends in the Asia-Pacific. It offers detailed analyses of productivity and economic growth patterns, helping stakeholders understand the current landscape and make informed decisions. The databook's rigorous methodology and data collection standards ensure its reputation as a reliable resource for anyone interested in the economic progress of Asian countries.
This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20231205691972/en/

Essential for data-driven decision-making, the APO Productivity Databook assists policymakers, business leaders, and researchers in economic planning, benchmarking national productivity against regional and global standards, and identifying growth opportunities and challenges.

Key Highlights of the APO Productivity Databook 2023


· Twenty-one APO member profiles and five regional profiles with productivity indicators.
· Introduces new methodologies, such as capitalization of mineral and energy resources (MER) and improved estimates of land stock and labor quality.
· Economic Growth Trends: From 2015 to 2021, Asia31’s (21 APO members and 10 nonmembers) economy grew annually by 4%. In 2021, they accounted for 48% of the global economy, compared with the USA (16%) and EU27 (14%). Projections for 2030 indicate Asia’s global economic share increasing to 53%.
· Sector-specific Analyses: Despite diversification efforts, agriculture, forestry, and fishery still dominated employment in Asia in 2021, accounting for 30% of jobs. Meanwhile, manufacturing emerged as a significant sector, comprising over 20% of total value added in 12 Asian countries.

The APO Productivity Databook 2023 is available in both digital and print formats and can be accessed and downloaded for free from the link below.

https://doi.org/10.61145/TRKP9496

The APO Productivity Database 2023, an online tool that provides productivity data on 31 Asian countries and benchmarks from multiple economic groups worldwide, is also updated in the link below.

https://www.apo-tokyo.org/productivitydatabook/

About the APO

The Asian Productivity Organization (APO) is a regional intergovernmental organization dedicated to improving productivity in the Asia-Pacific region through mutual cooperation. It is nonpolitical, nonprofit, and nondiscriminatory. Established in 1961 with eight founding members, the APO currently comprises 21 member economies: Bangladesh; Cambodia; the ROC; Fiji; Hong Kong; India; Indonesia; I.R. Iran; Japan; the ROK; Lao PDR; Malaysia; Mongolia; Nepal; Pakistan; the Philippines; Singapore; Sri Lanka; Thailand; Turkiye; and Vietnam.

The APO is shaping the future of the region by fostering the socioeconomic development of its members through national policy advisory services, acting as a think tank, institutional capacity-building initiatives, and knowledge sharing to increase productivity.

View source version on businesswire.com:
https://www.businesswire.com/news/home/20231205691972/en/

Contact

For details contact:
Digital Information Unit, APO: pr@apo-tokyo.org;
Phone: +81-3-3830-0411;
Website: https://www.apo-tokyo.org.

Source : Asian Productivity Organization

--BERNAMA

ZENAS BIOPHARMA STRENGTHENS EXECUTIVE LEADERSHIP WITH APPOINTMENT OF JENNIFER FOX AS CHIEF BUSINESS OFFICER AND CHIEF FINANCIAL OFFICER AND TANYA FISCHER, M.D., PHD. AS HEAD OF R&D AND CHIEF MEDICAL OFFICER

Expanded strategic and operational leadership positions Zenas for growth as obexelimab advances in late-stage clinical trials for multiple potential I&I indications

WALTHAM, Mass., Dec 5 (Bernama-GLOBE NEWSWIRE) -- Zenas BioPharma, a global biopharmaceutical company committed to becoming a leader in the development and commercialization of inflammation and immunology (I&I) directed therapies, today announced the appointment of Jennifer Fox as its Chief Business Officer and Chief Financial Officer and Tanya Fischer, M.D., Ph. D as Head of Research and Development and Chief Medical Officer.

“We are thrilled to welcome Tanya and Jen to our executive team,” said Lonnie Moulder, Founder and Chief Executive Officer of Zenas BioPharma. “Tanya is a deeply experienced physician-scientist leader and Jen is a seasoned healthcare finance and corporate development leader. With their decades of industry leadership experience, they will each be an invaluable addition to Zenas as we head into our next phase of growth, advancing multiple global programs in late-stage clinical development with a goal to deliver differentiated I&I directed therapies to patients in need around the world.”

Ms. Fox is an experienced finance and corporate development executive with an extensive track record in corporate finance and healthcare investment banking, advising numerous private and public companies with respect to strategy, financings and mergers and acquisitions. Prior to joining Zenas, Ms. Fox served as Chief Financial Officer at Nuvation Bio, a publicly traded biotechnology company. She previously served as a Managing Director and Co-Head of North America Healthcare Corporate and Investment Banking Group at CitiGroup. Prior to CitiGroup, Ms. Fox held senior positions in investment banking at Deutsche Bank, Bear Stearns, Bank of America and Prudential Securities. She holds B.S. degrees in finance and marketing from Manhattan College.

Dr. Fischer is a physician-scientist with deep experience in academia and at both pharmaceutical and biotechnology companies, leading early and late-stage research and development programs across multiple therapeutic areas, including neurology and rare diseases. Prior to joining Zenas, she served as Chief Development Officer and Head of Translational Medicine at Biohaven, a publicly traded biopharmaceutical company. Dr. Fischer began her industry career at Bristol Myers Squibb and held R&D leadership roles of increasing responsibility at EMD-Serono, Sanofi-Genzyme and Alnylam. She is a neurologist and held appointments at Yale University School of Medicine following the completion of her Neurology residency at Yale New Haven Hospital. She obtained MD and PhD degrees from the University of Medicine and Dentistry of New Jersey - Robert Wood Johnson Medical School and Rutgers University, respectively, and was awarded the prestigious Presidential Early Career Award for Scientists and Engineers (PECASE).

About Zenas BioPharma

Zenas BioPharma is a global biopharmaceutical company committed to becoming a leader in the development and commercialization of inflammation and immunology (I&I) directed therapies for patients in need around the world. With clinical development capabilities and operations globally, Zenas is advancing a portfolio of potentially differentiated autoimmune therapeutics in areas of high unmet medical need. Our experienced leadership team and network of business partners drive operational excellence to deliver potentially transformative therapies to improve the lives of those facing autoimmune and rare diseases. For more information about Zenas BioPharma, please visit www.zenasbio.com and follow us on Twitter at @ZenasBioPharma and LinkedIn.

About Obexelimab

Obexelimab is an investigational Phase 3-stage, bifunctional, non-cytolytic, humanized monoclonal antibody that mimics the action of antigen-antibody complexes by binding CD19 and FcγRIIb to inhibit B-lineage cell activity. In several early-stage clinical studies, including in various autoimmune diseases, 198 subjects were treated with obexelimab. In these clinical studies, obexelimab demonstrated inhibition of B cell function without depleting the cells, resulting in encouraging treatment effect in patients with various autoimmune diseases. Zenas acquired exclusive worldwide rights to obexelimab from Xencor, Inc. Obexelimab is currently being studied in a global Phase 3 clinical study in patients with IgG4 Related Disease and a global Phase2/3 study in patients with warm autoimmune hemolytic anemia (wAIHA). Clinical development of obexelimab for Multiple Sclerosis and Systemic Lupus Erythematosus is under evaluation.

More information on the Phase 3 (INDIGO) study for the treatment of IgG4 Related Disease is available at clinicaltrials.gov: NCT05662241. More information on the Phase 3 (SApHiAre) study for the treatment of wAIHA is available at clinicaltrials.gov: NCT05786573.

Investor and Media Contact:
Joe Farmer, President & COO
Zenas BioPharma
IR@zenasbio.com

SOURCE: Zenas BioPharma (USA) LLC

--BERNAMA