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 25^thduring 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 

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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

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 - 

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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