GUANGDONG PROVINCIAL DELEGATION HOSTS MEDIA SESSION AT NATIONAL PEOPLE'S CONGRESS

^{Scene of the event (Photo: Business Wire)}


GUANGZHOU, China, March 11 (Bernama-BUSINESS WIRE) -- On March 7, the Guangdong Provincial Delegation convened a session for the Second Meeting of the 14th National People's Congress at the Capital Hotel, attended by 225 journalists from 102 media outlets, both domestic and international. Delegates, including Huang Kunming, Wang Weizhong, Zhang Hu, Qin Weizhong, and Zeng Jinze, shared updates on Guangdong's strategies for sustainable development and modernization.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240308497032/en/

 

During the session, Huang Kunming addressed inquiries about the "Thousand Villages Demonstration and Ten Thousand Villages Renovation" project, aimed at diminishing urban-rural disparities within the province. He noted the challenges in balancing development due to geographical and economic diversities but highlighted the project's early successes in enhancing rural education, industry, and technology, particularly in the Pearl River Delta and other regions.

Wang Weizhong discussed the transformation of Guangdong's manufacturing sector, which contributes significantly to the province's GDP and forms an essential part of the national economy. The province is committed to integrating into the global industrial and value chains, with plans to modernize traditional industries, foster emerging sectors, and encourage a balanced growth among enterprises of various sizes.

The session, which featured numerous questions from the media, underlines Guangdong's ongoing efforts in economic development and rural modernization. For more details, please visit Guangdong Government Official Website.

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Contact

Zhang Yan
Phone: 008610-68994660
Email: 1713543383@qq.com

Source : Guangdong Province

TDCX'S FULL YEAR 2023 REVENUE DOWN 0.9%, OR UP 3.0% IN CONSTANT CURRENCY TERMS1

SINGAPORE, March 7 (Bernama-BUSINESS WIRE) -- TDCX Inc. (NYSE: TDCX) (“TDCX” or the “Company”), an award-winning digital customer experience (CX) solutions provider for technology and blue-chip companies, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023.

Full Year 2023 Financial Highlights^²

· Total revenue of US$499.3 million, down 0.9% year-on-year, or up 3.0% in constant currency terms¹, which included a 3.9% point negative impact of foreign exchange rates compared with the prior year
· Profit for the year was US$91.1 million, up 14.5% year-on-year, primarily driven by cost optimization efforts, lower tax, higher interest income and a net reversal of equity settled share-based payment expense 

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NIPPON EXPRESS HOLDINGS ACQUIRES JAPAN’S STARTUP INSTALIMB STAKE

KUALA LUMPUR, March 6 (Bernama) -- Nippon Express Holdings Inc acquired an equity stake in Instalimb Inc (Instalimb), which is expanding its 3D-printed prosthetics business in the Philippines, India and elsewhere overseas, as an NX Global Innovation Fund investment on Feb 29.

According to a statement, the Nippon Express (NX) Group is striving to enhance its corporate value and resolve social issues to realise the group's long-term vision of becoming a logistics company with a strong presence in the global market.

Through this investment, the group will be assisting Instalimb's business expansion from a logistics perspective and supporting the provision of prosthetic limbs in Asian countries such as the Philippines and India and, in future, emerging countries in Africa and other regions as well.

Instalimb is a Japanese startup which develops new digital manufacturing solutions using 3D printing and artificial intelligence technology, employing these to manufacture and sell 3D-printed prosthetic legs overseas at one-tenth the conventional price and with a shorter delivery time.

The NX Group will continue addressing social issues through business collaboration with startups in Japan and overseas to help bring about sustainable societies where all people can lead affluent and fulfilling lives.

As a global logistics company since 1937, the group provides high-quality logistics services in 50 countries/regions utilising aircraft, ships, railways, and trucks as well as warehouse facilities and information technology systems.

-- BERNAMA

XSOLLA INTRODUCES A NEW PAYMENT OPTION FOR DEVELOPERS SEEKING TO EXPAND INTO THE JAPANESE MARKET

^{(Graphic: Xsolla)}


Xsolla Enables Developers Worldwide to Accept Payments via PayPay


LOS ANGELES & TOKYO, March 7 (Bernama-BUSINESS WIRE) -- Xsolla, a global video game commerce company, announces the launch of Pay with PayPay for its global partners and video game players in Japan. Xsolla continually seeks to innovate gaming payment solutions to help mobile, PC, cloud, and web-based video game developers grow their audience and meet the needs of players around the globe. By offering this additional payment method at checkout, game developers worldwide can expand their reach into the Japanese market and meet the evolving needs of their players. This partnership also directly supports Xsolla’s commitment to the region and the new local office expansion in Tokyo, Japan, this past August.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240306339887/en/

 

With 58 million users¹ and growing, PayPay is the largest Japanese mobile payment app, accepted both online and at physical retailers across Japan. Based on a 2022 study by Rakuten Insight, around 55% of shoppers in Japan prefer using PayPay, which holds a 45% market share in the QR code payment sector.² Users create an account in the mobile app and connect a bank account or credit card to pay for everyday purchases.

"We're excited to connect PayPay to Xsolla and allow our global partners to reach a new audience and offer another payment option to their players," said Chris Hewish, CEO of Xsolla. "This partnership will give our partners increased coverage for their players in Japan and allow them to tap into the power of innovative payment tech, like QR codes."

Xsolla Payments simplifies the checkout journey with an intuitive, multi-platform UI, compatibility with popular mobile wallets, and access to 700+ payment methods and 130+ currencies in over 200+ regions. Its PayRank technology automatically surfaces and ranks the payment methods most relevant for each customer, like PayPay.

For more information about Pay with PayPay, please visit: xsolla.pro/paypay

About Xsolla

Xsolla is a global video game commerce company with a robust and powerful set of tools and services designed specifically for the industry. Since its founding in 2005, Xsolla has helped thousands of game developers and publishers of all sizes fund, market, launch and monetize their games globally and across multiple platforms. As an innovative leader in game commerce, Xsolla’s mission is to solve the inherent complexities of global distribution, marketing, and monetization to help our partners reach more geographies, generate more revenue, and create relationships with gamers worldwide. Headquartered and incorporated in Los Angeles, California, with offices in London, Berlin, Seoul, Beijing, Kuala Lumpur, Raleigh, Tokyo, and cities around the world, Xsolla supports major gaming titles like Valve, Twitch, Roblox, Epic Games, Take-Two, KRAFTON, Nexters, NetEase, Playstudios, Playrix, miHoYo, and more.

For additional information and to learn more, please visit: xsolla.com

¹ PayPay
² Bloomberg Article - Struggling Rakuten Might Need to Phone a Friend


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Contact

Derrick Stembridge
Global Director of Public Relations, Xsolla
d.stembridge@xsolla.com

Source : Xsolla

MCO (MYCOMPLIANCEOFFICE) WINS BEST ECOMMS SURVEILLANCE SOLUTION IN THE APAC REGTECH INSIGHT AWARDS

SINGAPORE, March 6 (Bernama-BUSINESS WIRE) -- Global compliance technology provider MCO (MyComplianceOffice) has been awarded Best eComms Surveillance Solution in the 2024 RegTech Insight APAC awards. These annual awards recognize innovative solutions that help companies effectively respond to evolving and ever more complex regulatory requirements across the global financial services industry.

“We’re honored to receive this award from RegTech Insight, and we thank all members of the industry community who voted for us,” said MCO CEO Brian Fahey. “Non-compliant employee communications and recordkeeping pose significant risk for firms today. With our communications surveillance and archiving solutions and the MyComplianceOffice platform, we’re committed to helping organisations proactively identify and mitigate compliance risk, meet regulatory obligations and drive efficiencies across their firms.”

Angela Wilbraham, CEO at A-Team Group, and host of the 2^nd annual RegTech Insight Awards APAC 2024, commented, “These awards celebrate providers of leading RegTech solutions, services and consultancy across Asia-Pacific. The winners were selected by A-Team Group’s RegTech Insight community and demonstrate exceptional creativity in building solutions that solve regulatory challenges. Our congratulations go to MyComplianceOffice (MCO) for winning Best e-Comms Surveillance Solution.”

MCO provides firms with streamlined solutions for monitoring and flagging risky communications and archiving cross-channel messages in compliance with global regulatory requirements. MCO’s MyComplianceOffice platform offers firms worldwide streamlined oversight of compliance obligations, integrated cross-capability surveillance across employees, transactions and third parties and a defensible audit trail.

“This achievement highlights our commitment to providing best-in-class compliance to firms across Asia-Pacific.“ notes MCO’s APAC Director Kelly-Ann McHugh. “With dedicated teams based in Singapore and Hyderabad and local customer service and implementation, we’re proud of our work to enable better compliance in the region. Thanks to our many Asia-Pacific customers for your trust and support and thanks to our stellar APAC team and the entire MCO organisation for your ongoing efforts.”

About MyComplianceOffice

MCO provides integrated compliance management software that enables global financial services firms to operate efficiently, ethically, and compliantly. With 25 products on a singular system, the powerful MyComplianceoffice platform lets compliance professionals demonstrate that they are proactively managing compliance obligations and the regulated activities of employees, the company and third party relationships.

1300+ client companies across 105+ countries use MyComplianceOffice to move away from manual processes and disparate systems and towards more strategic compliance.

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Contact

Media:
Lisa Deschamp, Vice President, Global Marketing
MyComplianceOffice
lisa.deschamp@mycomplianceoffice.com

Source : MyComplianceOffice

ETT INKS US$1.2 BLN DEAL WITH KNIGHTSBRIDGE ADVANCING DIGITISATION, FINTECH SOLUTIONS

KUALA LUMPUR, March 5 (Bernama) -- Economic Transformation Technologies “ETT | iByond” (ETT) and Knightsbridge Group have sealed a monumental deal projected to be worth as much as US$1.2 billion, marking a significant stride in advancing digitisation and fintech solutions globally. (US$1=RM4.72)

The collaboration signifies a pivotal moment in harnessing cutting-edge technologies to drive innovation and transformation across industries, according to ETT in a statement.

"This partnership with Knightsbridge emphasises ETT's dedication to being proactive at the forefront of digital innovation and reinforcing its position to global growth and the rapidly evolving Asian market," said ETT Chairman and Chief Executive Officer, Christopher Condon.

Meanwhile, Knightsbridge Group Managing Director, Issaree Suwunnavid said he is delighted with the joint venture and it fills him with immense pride to establish Thailand as the home of this transformative technology, empowering businesses and individuals across the region with innovative financial services.

Under the agreement, both companies will join forces to spearhead digital initiatives and revolutionise financial technology offerings.

Leveraging iByond's expertise in the burgeoning artificial intelligence (AI) landscape and Knightsbridge's global network and resources, the partnership aims to deliver unparalleled solutions tailored to meet the evolving needs of businesses and consumers worldwide.

This joint venture will leverage ETT’s state-of-the-art data management and AI infrastructure and Knightsbridge Group's advanced market technologies to deliver a comprehensive fintech platform that offers unparalleled efficiency, security, and scalability.

ETT Asia Division has executed a five year software services and licensing agreement with Knightsbridge that is valued at US$683 million to ETT and over US$500 million to Knightsbridge, in which this partnership aims to revolutionise the financial services industry through cutting-edge digital transformation solutions.

-- BERNAMA

TRAVEL + LEISURE CO COMPLETES ACCOR VACATION CLUB ACQUISITION

KUALA LUMPUR, March 4 (Bernama) -- Travel + Leisure Co, the world’s leading membership and leisure travel company, has successfully closed the acquisition of the vacation ownership business of global hospitality giant Accor.

The acquisition is expected to be immediately accretive to Travel + Leisure Co earnings, which means the Accor Vacation Club based in Australia, New Zealand and Indonesia will now be integrated into the Travel + Leisure Co business structure.

The company has assumed responsibility for the development and marketing of Accor Vacation Club, along with the servicing of nearly 30,000 club members and management of 24 club resorts in Australia, New Zealand and Indonesia.

Travel + Leisure Co President and Managing Director of International Operations, Barry Robinson said: “Our intention is to grow the brand in the various markets where we are licensed and expand in the markets Accor Vacation Club is already operating in.

“We are excited to have the opportunity to build on the 24-year legacy of Accor Vacation Club and, as the world’s leader in vacation ownership, we have the knowledge to grow Accor Vacation Club while conveying its unique propositions and delivering the elevated guest experiences the business is renowned for.”

In a statement, Travel + Leisure Co said the acquisition increases the international portfolio of the company, namely outside North America, to more than 100,000 members and its club resort count to 77.

As part of the agreement, Travel + Leisure Co has the ability to develop new vacation ownership clubs and products utilising the Accor Vacation Club brand across Asia Pacific, Middle East, Africa and Turkiye.

Current Accor Vacation Club Chief Executive Officer, Craig Wood will stay on and oversee day-to-day operations of that business and will report to Robinson as part of the Travel + Leisure Co structure.

The acquisition was a strategic move that enabled Travel + Leisure Co to fulfil one of its key intents to operate and grow its vacation ownership businesses under other well-known brands, alongside brands like Wyndham, Sports Illustrated and Margaritaville.

-- BERNAMA