Wednesday, September 15, 2021

DICENTRAL ACQUISITION ENABLES TRUECOMMERCE TO FUEL GLOBAL NETWORK GROWTH

KUALA LUMPUR, Sept 14 (Bernama) -- TrueCommerce, a leading global cloud provider of supply chain and trading partner connectivity, integration, and omnichannel solutions, has announced the acquisition of DiCentral, a leading global B2B and API solutions provider.

This acquisition enables TrueCommerce to fuel the growth of its leading global network, deepen its solutions portfolio, and expand its global geographic footprint.

This acquisition further cements TrueCommerce’s position as a leader in the digital supply chain collaboration and connectivity space, according to a statement.

By leveraging the combined company’s expertise in automation, digitalisation, and integration, TrueCommerce is uniquely positioned to transform the way its customers do business, with value-added solutions designed to tackle complex supply chain and eCommerce challenges, streamline operations, and increase profitability.

Known for simplifying complex API and EDI business challenges, DiCentral adds 30,000 connections to TrueCommerce’s Global Commerce Network, plus nearly 5,000 customers from a diverse base.

The combined TrueCommerce network now expands to 160,000 connections and nearly 18,000 customers. Combining the strengths of both companies creates an unmatched network and innovative solution offering that empowers customers to digitise, expand, and grow their businesses like never before.

“Together, we offer intuitive integrated solutions and connectivity that solve the challenges our customers face in growing their business across an increasingly digitised, global, and complex supply chain,” said TrueCommerce CEO, John Fay.

“We see this as a win-win for both TrueCommerce and DiCentral customers. The resulting increase in global network connectivity, commerce solutions, applications, and tools provides an unmatched offering for customers looking to grow their businesses,” said DiCentral CEO, Thuy Mai who will become a member of the TrueCommerce executive leadership team, serving as Co-Chief Strategy Officer of TrueCommerce.

Todd Johnson will serve as the new CEO of DiCentral in addition to his current role as President and COO of TrueCommerce. John Fay will continue to serve as CEO of the combined company.

For more information, visit www.truecommerce.com

-- BERNAMA

Tuesday, September 14, 2021

MARY KAY INC UNVEILS 2020-21 SUSTAINABILITY & SOCIAL IMPACT STRATEGIC SUMMARY REPORT


Enriching Lives Today For A Sustainable Tomorrow logo (Graphic: Mary Kay Inc.)

KUALA LUMPUR, Sept 14 (Bernama) -- Mary Kay Inc, a global advocate for corporate social responsibility, has released its sustainability strategy Enriching Lives Today for a Sustainable Tomorrow and its 2020-21 Sustainability & Social Impact Strategic Summary Report.

Enriching Lives Today for a Sustainable Tomorrow extends Mary Kay’s vision to 2030 and beyond. It builds a picture of what good ‘looks like’ for Mary Kay, Independent Beauty Consultants, customers and—most importantly—the planet.

Enriching Lives Today for a Sustainable Tomorrow was developed with Mary Kay’s key stakeholders and is aligned with the United Nations’ Sustainable Development Goals, making Mary Kay a key part of a global coalition to ensure a better future.

“For nearly 60 years, Mary Kay has strived to enrich women’s lives, advance the field of skin health, and create positive community impact around the world. We’re thrilled to take the next important step on our journey,” said Chief Operating Officer at Mary Kay Inc, Deborah Gibbins in a statement.

Sustainability Report highlights include Mary Kay announces its global sustainability strategy: Enriching Lives Today for a Sustainable Tomorrow. Its holistic approach encompasses three pillars of sustainability—economic, environmental and social—through five pillars, activated by 15 commitments to deliver a decade of sustainable action.

Mary Kay will contribute to 15 of the 17 Sustainable Development Goals (SDGs) defined by the United Nations and has undertaken its priorities and commitments in the context of leading global mandates including the Ten Principles of the United Nations Global Compact.

Key Commitment Targets to Achieve by 2030 include reduce by 30 per cent: plastic intensity, carbon (Scopes 1 and 2) and water utilisation; and, empower five million women worldwide through entrepreneurship skills development.

In 2020 and the first half of 2021, Mary Kay continued to build on its legacy of sustainability and advocacy with some of the notable highlights including Business Excellence, Product Stewardship, Responsible Manufacturing, and, Global Social Impact & Local Community.

-- BERNAMA

CHINA'S HANGZHOU MARKS ONE-YEAR COUNTDOWN TO 19TH ASIAN GAMES

 

Hangzhou receives the flag at the closing ceremony of the Asian Games in Jakarta, the Asian Games officially entering the "Hangzhou time".

Venue for the opening and closing ceremonies and athletics competitions of Hangzhou 2022 -- Hangzhou Olympic Sports Centre Stadium (Big Lotus)


HANGZHOU, China, Sept. 13, 2021 /Xinhua-AsiaNet/--
 

On the evening of September 10th, Hangzhou, the host city of the 19th Asian Games, will hold a one-year countdown event highlighting various expectations. The torch design and official sports uniform design of Hangzhou Asian Games will officially released during the event, sending an invitation to the world.

Six years ago, Hangzhou became the third city in China to host the Asian Games after Beijing and Guangzhou. As an Asia-wide sports gala, the Asian Games is not only a sports event, but also a concentrated display of a city's civilization concept, public participation, high-tech achievements and international image.

With the overall positioning of "New Era, Great Asian Games" and the concept of hosting a green, smart, economical and ethical event, the Hangzhou Asian Games has overcome the impact of COVID-19 and made solid progress in all areas of preparation.

This year is decisive for the preparations for Hangzhou Asian Games. The Games has 55 competition venues, 5 Asian Games villages and athletes sub-villages in Hangzhou and 5 co-host cities in the province.

At present, 42 competition venues have been completed, and the competition functionality acceptance is underway. It is expected that all venues will be delivered and enter the trial operation before the end of 2021. As early as March this year, the first phase of sport entry has been completed. On the basis of 45 participating countries (regions) in previous years, it included Oceania countries (regions) for the first time, covering all 61 disciplines of the Asian Games.

"Preparations for the Hangzhou Asian Games have made remarkable progress with many highlights," Prince Ahmed, President of the Olympic Council of Asia, spoke highly of the preparations for the Hangzhou Asian Games at the 39th General Assembly of the OCA on December 16, 2020.

Another remarkable result of this conference is the announcement that esports and breaking are officially included in the competitions of Hangzhou Asian Games. So far, the Games will see 40 sports and 61 disciplines. The official entry of esports into the Games has also become a major feature and highlight of the innovation and inclusiveness of Hangzhou Asian Games.

"Intelligence" was frequently mentioned during the preparations for the Hangzhou Asian Games. Creating a "smart" Asian Games has become the focus for all walks of life at home and abroad. Hangzhou Asian Games Organising Committee takes digitalization reform as the engine and relies on the advantages of digital economy in Zhejiang and Hangzhou to promote the development of "Smart Asian Games". The deep integration of the latest technology with the Asian Games scenarios are applied in the organizing, participating and watching of the Games. Asian athletes and guests can feel the intelligence of smart cities and the charm of future cities. 

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Saturday, September 11, 2021

FEATURESPACE’S ARIC RISK HUB™ LATEST UPDATE OFFERS REAL-TIME DEFENCE AGAINST FRAUD, MONEY LAUNDERING

KUALA LUMPUR, Sept 10 (Bernama) -- The latest update to Featurespace’s™ ARIC Risk Hub brings together fraud detection and anti-money laundering (AML) to streamline case management and deliver the most advanced real-time Enterprise Financial Crime detection capabilities for analysts and investigators.

“Enhancements in ARIC Risk Hub v3.19 are in direct response to specific industry needs and feedback from our customers. Looking ahead, our innovation focus is on enhanced cloud capabilities and pioneering work around our ‘out of the box’ machine learning models,” said Featurespace Founder and President, Dave Excell in a statement.

Key ARIC Risk Hub v3.19 product enhancements include AI-powered investigation with enhanced Case Management; Optimised, user-friendly case workflow; and, Unified view across customers involved in suspicious transactions.

The latest version of the ARIC Risk Hub delivers enhanced case management for anti-money laundering teams, streamlining compliance operations and helping investigators to organise, prioritise and manage investigations, all within the ARIC Risk Hub.

In addition, workflows can be set and edited to match business requirements. This ensures cases include all the relevant information and evidence needed to investigate, escalate or close a case.

The user-friendly interface enables investigators to easily assign alerts, transactions or add more information to existing cases across multiple customers or entities. This is valuable to give investigators a view of the full scope of the suspicious activity being investigated.

ARIC Risk Hub v3.19 automatically raises an alert when a pattern of suspicious behaviour is identified, so investigators can create and manage cases directly from alert reviews. 

Integrations with third-party case management systems are also possible and the ARIC Risk Hub will reflect any escalating actions of alerts within the existing case management system. 

Featurespace™ is the world leader in Enterprise Financial Crime prevention for fraud and money laundering. More details at www.featurespace.com.

-- BERNAMA

Friday, September 10, 2021

CHARTING A CLEAN AND SUSTAINABLE FUTURE FOR MALAYSIA

KUALA LUMPUR, Sept 9 (Bernama) -- Globally, extreme weather associated with global warming are causing catastrophes on a massive scale. Even Malaysia is not spared, with severe floods occurring in Sabah, Sarawak, and the Northern and East Coast of Peninsular Malaysia, leading thousands to be evacuated from their homes and sadly, loss of lives.

Around the world, heat waves killed hundreds in the Pacific Northwest in the U.S. and smashed records around the world. Wildfires fuelled by heat and drought swept away entire towns in the U.S. and Greece, driving Greeks to flee their homes by ferry. Greenland’s sheet of land-ice continues to melt and raise sea levels, as the oceans warm and expand. Devastating floods hit Germany and Turkey.

The UN Intergovernmental Panel on Climate Change (IPCC) recently released their 6th Assessment Report on Climate Change, and the outlook is bleak, if we do not achieve net-zero emissions globally by 2050. One thing is certain from the report – it is undeniable that human influence is causing climate change, where our activities, especially the burning of fossil fuels, have warmed the Earth’s atmosphere, oceans and land.

Malaysia faces significant climate risks in the long term, with low-lying coastlines becoming increasingly vulnerable to the impacts of rising sea levels. Extreme weather patterns are also increasingly threatening basic necessities like our water and food security, public health, as well as resources that support our economy including the infrastructure we have invested into.

In 2015, the global community came together to agree to limit global warming to 1.5°C via the Paris Agreement. To achieve this, all countries must act towards reducing their emissions, and 127 countries have pledged to be carbon neutral by 2050. Without immediate steep emissions cuts, average temperature increment could pass 2°C by the end of the century.

In light of the dire need to reduce emissions, WWF-Malaysia and the Boston Consulting Group (BCG) have undertaken an independent study on the potential net-zero pathways for Malaysia. The study aims to showcase an optimal net-zero pathway for the country by 2050 and identify the necessary policy framework and interventions needed to achieve this. Based on the scope and depth of analysis, we are confident this independent report will provide guidance for corporations to transition away from carbon intensive activities.

To chart a clean and sustainable future, Malaysia requires a whole-of-nation approach. Increasingly, major corporations are adopting a sustainability angle in their investments and financial reporting. These investments are driven by a progressive sustainability agenda, which we can and should capitalise on. In addition, many of Malaysia’s key trading partners such as China, Japan, South Korea and the EU have now declared net-zero ambitions, and we will likely see more countries pursuing a similar ambition in the near future.

As a responsible member of the global community, Malaysia is at a turning point in our climate journey. Charting the right course of action against global warming, such as leveraging on the country’s rich natural capital, provides us with a vital opportunity to protect our environment, reduce our carbon footprint and at the same time create a competitive advantage. If we are slow to act, our country runs the risk of falling behind, ultimately losing its attractiveness as a destination for international investment and multinational organisations.

Climate transition also creates tremendous opportunities for Malaysia’s economy and society. Opportunities exist both in new low emission growth sectors for the economy and the natural assets the country has through forests and natural biodiversity. We have the potential to create long term competitive advantage and benefits by proactively acting on climate change.

The IPCC’s most optimistic scenario describes a world where global CO2 emissions are cut to net-zero around the year 2050. Here, societies switch to more sustainable practices, with focus shifting from economic growth to overall well-being. Nonetheless, it requires a high level of ambition and stronger commitment in terms of emissions removal and protection of natural climate change solutions - based on the conservation, restoration and management of forests - for the world to align to this optimistic scenario.

As the late conservationist John Muir aptly said, “When one tugs at a single thing in nature, one finds it attached to the rest of the world”. To achieve the best-case scenario and restore our planet’s health requires all of our efforts. Together, we can prevent the coming disasters of climate change, nature loss and environmental destruction.

About WWF-Malaysia

Established in 1972, WWF-Malaysia is part of WWF, the international conservation organisation. Working to sustain the natural world for the benefit of people and wildlife, WWF-Malaysia’s efforts to conserve nature focus on six major goals - forests, oceans, wildlife, food, climate and energy, as well as freshwater – and three key drivers of environmental problems – markets, finance and governance. Our mission is to stop the degradation of the earth’s natural environment and to build a future in which humans live in harmony with nature. Find our latest news here: https://www.wwf.org.my/media_and_information/media_centre/

Note to the media:
1) All quotes are to be attributed to the designated persons quoted in this media release.
2) Should you need more information, please see the details below but please note that this person is for contact purposes only and is not the organisation's authorised spokesperson, so we would appreciate it if this name is not printed in the article.

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ASIAN DEVELOPMENT BANK, ALLIANCE BANK ACCELERATE JOURNEY TO THE CLOUD WITH RED HAT AUTOMATION SOLUTIONS

KUALA LUMPUR, Sept 9 (Bernama) -- Red Hat Inc, the world's leading provider of open source solutions, has shared that leading banks such as Alliance Bank (Malaysia) and the Asian Development Bank (Philippines) have adopted Red Hat Ansible Automation Platform as its enterprise-grade, agentless automation platform in their journey to the cloud.

According to a statement, both these financial institutions represent examples of early adopters for infrastructure automation technology to support business growth while increasing resiliency and reliability.

“Several financial organisations in ASEAN are deploying Red Hat Ansible Automation Platform to automate applications and IT infrastructure, while providing a simple language to help facilitate DevOps practices,” said Red Hat vice president and general manager for growth and emerging markets, Josep Garcia.

“Automation allows organisations to architect intelligently with their existing infrastructure, while bringing legacy IT toward a cloud-native future.”

Red Hat Ansible Automation Platform, together with Red Hat OpenShift, provides a powerful, scalable platform for this transformation.

With dynamic global challenges requiring rapid adjustments in operational domains and environments, automation projects help mitigate the complexity that these conditions produce and provide faster responses to changing business requirements.

ADB and Alliance Bank are examples of financial services organisations in Southeast Asia that are deploying Red Hat Ansible Automation Platform to automate repetitive and manual tasks, orchestrate complex workflows, improve processes and offer agility to deploy applications faster with fewer human interventions.

Bringing together teams for improved collaboration, these new services and offerings ultimately connect business managers with automation leaders to better align automation strategies with the needs of the business and expand how automation can be used.

-- BERNAMA

TOURISM MALAYSIA NEW DELHI RECEIVED GLOBAL AWARD AT ITCTA 2021

PUTRAJAYA, Sept 10 (Bernama) -- Tourism Malaysia has been awarded for “International Film Location & Golf Tourism Destination” at the 7th International Tourism Conclave & Travel Awards (ITCTA), which was held on 20th August 2021 at Le Meridien, New Delhi.

One of the largest travel trade and business-to-business (B2B) platforms for India’s tourism industry, this year’s ITCTA was attended by more than 150 industry players. A one-day conclave and B2B expo was held for attendees to discuss the revitalisation of the heavily impacted tourism industry amid the ongoing pandemic, as well as promotional activities focusing on tourism niche products such as MICE, weddings, golf tourism, and filming locations.

“It is vital to have a continuous discourse among the industry players, tourism boards, and state governments on how to tackle the obstacles faced by the tourism industry worldwide. The new normal is here to stay for a longer time than we have expected, hence it is time for a new approach: to live with the virus rather than to combat it,” said Mr Sulaiman Suip, Director of Tourism Malaysia New Delhi, in regards to the current COVID-19 situation.

For more information on ITCTA and the list of winners, visit https://itcta.com/.

TOURISM MALAYSIA NEW DELHI RECEIVED GLOBAL AWARD AT ITCTA 2021