TDCX PROVIDES RELIEF ASSISTANCE TO EMPLOYEES AFFECTED BY TYPHOON ODETTE IN THE PHILIPPINES AND THE FLOODS IN MALAYSIA

To match employee donations for community relief efforts in affected areas

SINGAPORE, Dec 28 (Bernama-BUSINESS WIRE) -- In the wake of the typhoon in the Philippines and the floods in Malaysia, TDCX Inc. (TDCX), a digital customer experience solutions provider, has commenced relief efforts to help affected employees and communities.

TDCX has started a fund that will go towards helping its employees rebuild their homes and lives. The company is also providing its people with supplies including groceries, water filtration units and solar power chargers to help overcome their immediate challenges.

Mr Lim Chee Gay, Group Chief Human Resources Officer, TDCX, said, “The natural disasters have left many families without homes and necessities. The effects of the typhoon and floods are made worse given it is so close to the festive period. Our hearts go out to all who are affected.

“We are actively reaching out to our employees who live in affected regions. We are aware that many of them have lost their homes and our priority is to provide quick and immediate assistance while we work through the impact of the calamities on them. We stand ready to deepen our relief efforts to support our people in this difficult time,” Mr Lim said.

Employees who are unable to work from home due to the power outages can work in the office instead. Where necessary, employees may take time off to manage their personal affairs, such as to restore their homes.

Those who require additional funds to tide over this difficult time can also work with the company for financial support. Those in the Philippines can request an advance on their salaries while employees in Malaysia can obtain financial aid from TDCX.

Fundraising drive to boost community relief efforts

To help the wider community, TDCX has organised a fundraising drive among its employees. Donations will be matched dollar-for-dollar by TDCX.

Mr Lim said, “As we help our affected employees recover, we are also mindful of the devastating impact these disasters have had on the community. To further our efforts, we are rallying our 14,000-strong workforce around the world to give generously to help all who are affected get back on their feet as quickly as possible”.

About TDCX Inc.

TDCX Inc. is a high-growth digital customer experience solutions provider for innovative technology and other blue-chip companies. The Company offers omnichannel CX solutions, sales and digital marketing services and content monitoring and moderation services. The Company has a track record of success with clients in travel and hospitality, digital advertising and media, fast-moving consumer goods, technology, financial services, fintech, government and non-governmental organizations, gaming, e-commerce and education. TDCX has an international footprint with offices in Singapore, the Philippines, Malaysia, Thailand, China, Japan, Spain, India, Colombia and Romania, and services its clients’ customers globally in more than 20 languages. TDCX has won over 310 awards. For more information, please visit: www.tdcx.com.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20211220005982/en/ 

Contact

For enquiries:
Eunice Seow, +65 8432 8388, eunice.seow@tdcx.com 

Source : TDCX

JETEX UNVEILS ‘CHRISTMAS IN THE SKY’ PRIVATE JET EXPERIENCE

KUALA LUMPUR, Dec 28 (Bernama) -- Jetex has designed the ultimate ‘Christmas in the Sky’ private jet experience, priced US$27,000 for up to 10 passengers (US$1 = RM4.181)

Jetex, an award-winning global leader in executive aviation, invites the lucky few to celebrate style, taste and disposable income with one brilliant idea: a glamorous Christmas onboard a private jet soaring high in the festive skies.

According to a statement, the magical journey will commence with the passengers picked-up by a chauffeur limousine from their residence or hotel and driven in style to Dubai’s iconic Jetex VIP Terminal.

Upon arrival, they will be welcomed by not one, but 28 spectacular Christmas trees lined up in front of the terminal dressed in more than 15,000 lights as well as Jetex ambassadors who will take care of seamless departure formalities.

As soon as the passengers are in the mood to board, they will be driven to their private aircraft in timeless elegance in one of the Jetex Rolls-Royces.

The special flight will take two hours and the crew will select the most optimal altitude and cruising speed to ensure passengers enjoy sensational window views, including Dubai’s world-famous skyline, iconic landmarks, Arabian Gulf and the rolling dunes of the desert.

By inviting passengers to share a delightful holiday-themed pursuit among friends and family, Jetex provides a safe, relaxed, and joyful haven of kinship and good cheer.

‘Christmas in the Sky’ private jet package is priced from US$27,000 (AED 100,000) for up to 10 passengers and will be available between Dec 24, 2021 and Jan 7, 2022.

More details at www.jetex.com.

-- BERNAMA

ANNUAL REPORTS DEBUT ON BOAO FORUM FOR ENTREPRENEURS TO HELP HAINAN BUILD INT'L TROPICAL FARM PRODUCE INDICES PUBLISHING CENTER

 

AsiaNet 93871

^{The scene for releasing achievements on construction of international tropical farm produce indices publishing center in Hainan.}


BEIJING, Dec. 28, 2021 /Xinhua-AsiaNet/-- 

Three annual reports on natural rubber price indices, banana industry development and agarwood industry climate index were released on the 2021 Boao Forum for Entrepreneurs held in Hainan, a coastal island province in South China recently. 

The three reports, namely Xinhua-Hainan State Farms (HSF) China natural rubber series price index report (2020-2021), China banana industry development report (2020-2021) and China agarwood industry climate index report (2021), are typical achievements of the province in crafting itself into an international tropical farm produce indices publishing center. 

Since 2018, the province has been required to construct an international transaction, pricing and price indices releasing center for tropical farm produces including mainly the natural rubber.

From then, Xinhua-run China Economic Information Service, the People's Government of Chengmai County in Hainan Province and Hainan State Farms Investment Holdings Group Co., Ltd. have jointly incubated a series of price indices for a dozen of tropical farm products such as natural rubber, banana, pepper, and agarwood. 

With the indices family, tropical farm produce digitalization and brand construction forged ahead in Hainan and helped the province build its influences and advantages in international tropical agriculture and fostered high-quality development of the Hainan Free Trade Port.

As the Xinhua-Hainan State Farms (HSF) China natural rubber series price index report (2020-2021) tells, natural rubber prices generally fluctuated at high levels during 2020 and 2021 due to the climbing shipping costs and operation conditions of downstream factories amid the global COVID-19 pandemic, production area climate change and bulk commodity market volatility. In the coming production season in 2022, industry players shall pay extra attention to the influences of La Nina phenomenon on progresses of cutting in natural rubber production areas to judge the price trends. 

According to the China banana industry development report (2020-2021), China's banana imports underwent structural changes, with imports in border areas of the country down 28.2 percent year on year, sales recovery of bananas in northern Myanmar unblocked and imports of bananas from Cambodia up notably. Under such circumstances, the report suggests that banana industry in Chinese provinces, in particular Hainan to actively seize opportunities to beat drum for homegrown bananas by enhancing industry chain standards construction and quality control.

The China agarwood industry climate index report (2021) showed that consecutive breakthroughs in plantation and producing techniques have shorten the cycle of agarwood production in recent years. When the agarwood industry size keeps expanding, the industry needs integrated development and establishment of product supply chain tracing system to promote products standardization and boost brand effects. 

Source: China Economic Information Service

Image Attachments Links:

Link: http://asianetnews.net/view-attachment?attach-id=411869

Caption: The scene for releasing achievements on construction of international tropical farm produce indices publishing center in Hainan.

TDCX AND 2LJ COMMIT US$500,000 TO SUPPORT EMPLOYEES AND COMMUNITIES AFFECTED BY CLIMATE AND WEATHER-RELATED DISASTERS

SINGAPORE, Dec 27 (Bernama-BUSINESS WIRE) -- TDCX, a digital customer experience solutions provider, in collaboration with Laurent and Loretta Junique’s foundation, 2LJ, today announced that they have pledged US$500,000 to help victims of natural disasters. The fund will be used to help TDCX employees as well as members of the community that have been affected by such disasters from December 2021 to December 2022.

According to the Institute for Economics and Peace, 1.2 billion people are at risk of being displaced by climate change by 2050. This comes as changes in climate, especially the rise in global temperatures increases the likelihood of weather-related natural disasters^¹.

Mr Laurent Junique, Founder and Chief Executive Officer, TDCX, said, “Natural disasters such as Typhoon Rai have uprooted the lives of many, including numerous TDCX employees. By setting up a dedicated fund, we will be able to provide better support to our people and our communities when such disasters strike.”

For a start, part of the fund will be used to help victims of Typhoon Rai. 

Fund a boost to TDCX’s existing efforts

The fund complements the support already extended by TDCX^². This includes providing additional salary and paid leave, cash advances, food and shelter in our offices, care packages and round-the-clock support through TDCX’s wellbeing hotline.

TDCX is also rallying its employees from across the Group to give generously in support of disaster relief efforts. Donations, which have hit more than US$10,000 in less than two days, will be matched dollar-for-dollar by TDCX. 

About TDCX Inc. 

TDCX Inc. is a high-growth digital customer experience solutions provider for innovative technology and other blue-chip companies. The Company offers omnichannel CX solutions, sales and digital marketing services and content monitoring and moderation services. The Company has a track record of success with clients in travel and hospitality, digital advertising and media, fast-moving consumer goods, technology, financial services, fintech, government and non-governmental organizations, gaming, e-commerce and education. TDCX has an international footprint with offices in Singapore, Malaysia, Thailand, Philippines, Hong Kong, China, South Korea, Japan, India, Romania, Spain, Colombia and services its clients’ customers globally in more than 40 languages. TDCX has won over 310 awards. For more information, please visit: www.tdcx.com. 

About 2LJ

2LJ is a non-profit organization founded by Laurent and Loretta Junique to provide sustainable and impactful help to communities across Asia through digital empowerment. 
 

^¹ Source: Institute for Economics & Peace, Ecological Threat Register 2020. https://www.visionofhumanity.org/wp-content/uploads/2020/10/ETR_2020_web-1.pdf

² On 21 December 2021, TDCX announced its assistance for employees affected by Typhoon Rai and the floods in Malaysia. More info: https://www.tdcx.com/news/TDCX-provides-relief-assistance-to-employees-affected-by-Typhoon-Odette-in-the-Philippines-and-the-floods-in-Malaysia

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20211224005077/en/ 

Contact

Eunice Seow, +65 8432 8388, eunice.seow@tdcx.com 

Source : TDCX

2021 BRINGS RECORD GROWTH AND RECOGNITION FOR MYCOMPLIANCEOFFICE

NEW YORK, Dec 23 (Bernama-BUSINESS WIRE) -- MCO (MyComplianceOffice) announces a year of record growth in both revenue and new hires of more than 40%, while continuing to achieve an exceptional customer retention rate.

MCO CEO, Brian Fahey, credits the ongoing growth to the organization’s commitment to meeting customer needs with state-of-the-art technology. “This year we’ve expanded our offerings to include solutions that help firms deal with emerging regulatory concerns including Crypto and Environmental, Social and Governance (ESG) compliance. We’re committed to ongoing investment and development in our product and providing best-in-class customer service across the globe.”

In 2021, MCO was recognized for its compliance management platform in multiple awards across North America, Europe and Asia, including:

• Regulation Asia Awards for Excellence 2021 - Best Solution for Conduct Risk Management
• RegTech Insight Awards USA 2021 - Best Vendor Solution for Managing Conduct Risk
• Deloitte Technology Fast 50 Programme 2021
• Technology Ireland Industry Awards 2021 - Outstanding Achievement in International Growth
• RegTech 100 2021 - Annual list of 100 of the world’s most innovative RegTech companies

“MCO provides unique integration of disparate conduct risk components in a single cohesive platform and advanced reporting, providing a practical solution to help firms address risks emanating from within their organisations,” said a Regulation Asia Awards panel judge. “The ability for firms to customise different workflows like approvals and attestations—and automate these processes helps firms gain both efficiency and peace of mind.”

With more than 800,000 users across 550 financial services firms, MyComplianceOffice is employed in major banks and asset managers in 105 countries. Its largest client uses the platform to manage more than 100,000 employees.

About MCO (MyComplianceOffice)

MCO provides powerful compliance management software that companies around the world use to reduce the risk of misconduct. The MCO solution allows firms to address transactional and personal conflicts of interest in a single platform. It is the only fully integrated, comprehensive, compliance management platform that uses a global company and security master dataset to identify conflicts across firm transactions (deals, research, and trades), employees, and third parties.

Visit mycomplianceoffice.com

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20211222005416/en/

Contact

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

Source : MCO (MyComplianceOffice)

HAPTIK NAMED A CATEGORY LEADER IN G2 WINTER 2022 REPORT FOR BOT PLATFORMS AND LIVE CHAT

Scores a User Rating of 4.5/5 and 92% for Ease of Support

SINGAPORE, Dec 21 (Bernama-BUSINESS WIRE) -- Jio Haptik Technologies Limited, one of the world’s largest conversational AI companies and a subsidiary of Reliance Jio Platforms, today announced that it has been recognized as a ‘Leader’ in Bot Platforms and Live Chat categories in the G2 Winter 2022 report. The G2 reports, based on market presence and authentic reviews and ratings from real users, are used by over 3M buyers when making a software purchasing decision.

Haptik also earned ‘High Performer’ across Conversational Marketing, Customer Support, and Enterprise Live Chat Grids and won 12 badges across categories. Haptik made its debut on G2 at the start of 2021 and for 4 consecutive quarters, Haptik has carved its position as a Market Leader in the G2 reports. Haptik has a strong user rating of 4.5/5, scoring 92% for ease of support and 97% for products headed in the right direction.

“Haptik has delivered very impressive results on G2 in 2021 and they have been named a leader for the last four quarters. They have performed well across all segments, but especially in the competitive mid-market space, where they are clear leaders based on customer feedback, and from their reviews, you can see they are delivering real value to their customers,” comments Chris Perrine, Vice President and Managing Director, Asia Pacific, G2.

Anila Rao, VP – APAC, Haptik says, “It is rewarding to know that our customers love what we do and trust us. With more APAC businesses leaning heavily on automation, Haptik has worked tirelessly this year to help organizations amplify customer engagement, increase conversions, and deliver delightful support while increasing top-line revenues with the most innovative Conversational AI solution. Receiving such incredible support from our customers and seeing the result of our team’s hard work is truly inspiring.”

About Haptik: Haptik is one of the world's largest Conversational AI companies, having reached over 100 million devices, and processed over 4B+ conversations. Part of the $65 billion Internet conglomerate Reliance Jio Platforms, Haptik Intelligent Virtual Assistants enable brands to enhance customer engagement and support while increasing top-line revenue. Haptik's leading clients and partners include StarHub, MyRepublic, Zurich Insurance, Disney+ Hotstar, JioMart, and Whirlpool, among others.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20211220005358/en/ 

Contact

Haptik
Sumit Kuhite
sumit.kuhite@haptik.ai 

Source : Jio Haptik Technologies Limited

ISW HOLDINGS INC. (ISWH) REPORTS RECORD REVENUE, FORECASTS $7M PER MONTH

NEW YORK, Dec 21 (Bernama-GLOBE NEWSWIRE) -- via InvestorWire -- ISW Holdings Inc. (OTC: ISWH) today announces its placement in an editorial published by NetworkNewsWire ("NNW"), one of 50+ trusted brands within the InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company for private and public entities.

To view the full publication and forward-looking statements, please visit: https://nnw.fm/YrdIL 

Developments are translating to revenue and cash flow, resources that will underscore growth in 2022 and beyond with Pod City and other hosting and mining operations. During Q3, ISW Holdings Inc. (OTC: ISWH) reported revenue from operations of $1.075 million (including deferred revenues), up 2,435% on a year-over-year basis. That didn’t include a full three months of 550 new miners acquired from Minerset, 150 of which came as a result of ISWH meeting stock performance milestones. Total assets during Q3 increased 5,263% year to date to $9.56 million, while total liabilities decreased 73%, and total derivative liabilities decreased 98% to under $340,000. ...

Looking ahead, revenue at Pod City will be comprised of hosting service fees, which aren’t contingent upon cryptocurrency pricing. Once running at full capacity, the company estimates annual revenue in excess of $7 million per month, a tremendous improvement compared to current capacity with the benefit of being recurring under service contracts.

About ISW Holdings

ISW Holdings, based in Nevada, is a diversified portfolio company comprised of essential business lines that serve consumer product demands. The company’s expertise lies in strategic brand development, early growth facilitation, as well as brand identity through its proprietary procurement process. Together, with its partners, ISW Holdings seeks to provide a structure that meets large scalability demands, as well as anticipated marketplace needs. The company is able to meet these needs through a variety of strategic innovative processes. ISWH is creating and managing brands across a spectrum of disruptive industries. It maneuvers its proprietary companies through critical stages of market development, which includes conceptualization, go-to-market strategies, engineering, product integration, and distribution efficiency. The company has also partnered with a well-known software development and consulting company, Bengala Technologies LLC, which is developing significant enhancements in the supply chain management space; and the partnership has a vitally needed patent now pending.

For more information about the company, visit www.ISWHoldings.com.

NOTE TO INVESTORS: The latest news and updates relating to ISWH are available in the company’s newsroom at http://ibn.fm/ISWH. 

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness.

To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only).
For more information please visit https://www.NetworkNewsWire.com.
 

Please see full terms of use and disclaimers on the NetworkNewsWire website, applicable to all content provided by NNW wherever published or re-published: http://NNW.fm/Disclaimer


NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com 

NetworkNewsWire is part of the InvestorBrandNetwork 

Source: ISW Holdings, Inc.

AGC BIOLOGICS RECEIVES TRANSATLANTIC AWARD FOR INVESTMENTS IN MILAN BIOPHARMACEUTICAL INDUSTRY

Milan, Dec 21 (Bernama-GLOBE NEWSWIRE) -- AGC Biologics, a leading global Biopharmaceutical Contract Development and Manufacturing Organization (CDMO), today announced it has won the 2021 Transatlantic Award from the American Chamber of Commerce in Italy (AmCham). The company was named the 2021 winner for its investments in the Italian biopharmaceutical industry, which includes expansion at its Center of Excellence in Milan to make it a global hub for cell and gene therapy innovation, development and manufacturing.

The annual award honors companies fostering economic development and growth between Italy and the United States. Luca Alberici, AGC Biologics General Manager and Site Head of the Milan facility, received the award on behalf of the company during the XV Transatlantic Award Gala Dinner, held on December 2 at Studio 90 East End Studios in Milan.

The additional guests of honor at the award ceremony included Mariangela Zappia (AmCham Italy Honorary President and Ambassador of Italy to the United States of America), Thomas D. Smitham (Chargé d’Affaires and interim and U.S. Embassy to Italy), On. Giancarlo Giorgetti (Italian Minister of Economic Development) and On. Lorenzo Guerini (Italian Minister of Defense).  AGC Biologics was honored alongside other notable companies such as Apple, Coca-Cola, Diasorin and KKR.

 “I am happy and honored to receive this award on behalf of AGC Biologics. This is an important award that showcases the investments our company has made in our Milan site, as well as the growing biopharmaceutical industry in our region,” said AGC Biologics Milan General Manager and Site Head, Luca Alberici. “Our Center of Excellence, one of the best in world and our team of scientists and employees, who work hard every day with responsibility and professionalism, played a crucial role in the successes we’ve achieved over the last two years.”

AGC Biologics acquired the Milan facility when it purchased Molecular Medicine S.p.A. ("MolMed") in 2020. Since that transaction, AGC Biologics has focused on supporting and developing the teams working at the site, and investing in expanding the site’s services, capabilities and production capacities. These commitments in the Milan facility have helped AGC Biologics become one of the most complete and active biotech CDMOs in the global healthcare market.

The AGC Biologics Milan site was the first GMP facility approved in Europe for ex-vivo gene therapy manufacturing and has industry-unique commercial manufacturing experience, having previously brought three cell & gene therapy products to the market.

To complement the Center of Excellence in Milan, the company recently opened a new facility in Longmont, CO., USA, which will help AGC Biologics expand its global capacity for cell and gene therapy development and manufacturing. Through these two key sites, AGC Biologics can now offer more capacity and services to pharmaceutical companies worldwide developing new life-changing cell and gene therapy products.

About AGC Biologics
AGC Biologics is a leading global biopharmaceutical Contract Development and Manufacturing Organization (CDMO) with a strong commitment to delivering the highest standard of service as we work side-by-side with our clients and partners, every step of the way. We provide world-class development and manufacture of mammalian and microbial-based therapeutic proteins, plasmid DNA (pDNA), messenger RNA (mRNA), viral vectors, and genetically engineered cells. Our global network spans the U.S., Europe, and Asia, with cGMP-compliant facilities in Seattle, Washington; Boulder and Longmont, Colorado; Copenhagen, Denmark; Heidelberg, Germany; Milan, Italy; and Chiba, Japan and we currently employ more than 2,000 employees worldwide. Our commitment to continuous innovation fosters the technical creativity to solve our clients’ most complex challenges, including specialization in fast-track projects and rare diseases. AGC Biologics is the partner of choice. To learn more, visit www.agcbio.com.


Nick McDonald
AGC Biologics
(425) 419-3555
nmcdonald@agc.com 

SOURCE : AGC Biologics

DXC TECHNOLOGY CHOSEN MASTER SYSTEMS INTEGRATOR FOR WESTERN SYDNEY AIRPORT

KUALA LUMPUR, Dec 21 (Bernama) -- DXC Technology, a leading Fortune 500 global technology services provider, has announced its selection as Master Systems Integrator for the Western Sydney International (Nancy-Bird Walton) Airport.

DXC will be responsible for building the airport’s foundational technology platforms in preparation for its opening in 2026 and its ongoing operations, according to a statement.

DXC and its strategic Asia Pacific Airport partner, Chavali Consulting, will bring together DXC’s global aviation experience and Chavali’s deep airport domain expertise to provide a complete end-to-end programme to deliver Australia’s best airport terminal and enable the airport’s operational success.

“We are not only looking forward to supporting this airport with state-of-the-art technology and forward-thinking principles but also helping boost skills and create jobs for Greater Sydney,” said Seelan Nayagam, President Asia Pacific, DXC Technology.

As Master Systems Integrator, DXC will deliver the integration, cybersecurity, and hosting platforms to bring together over 60 operational systems and ensure a fast and seamless journey for customers.

Understanding the importance of meeting the airport opening date and the moving parts during construction, DXC has also included a collection of programme accelerators that target the rapid integration of airport systems.

This includes an Aviation Testing Centre of Excellence, which DXC uses for many airport systems worldwide.

With the new airport, Western Sydney is set to become the epicentre of economic growth in New South Wales.

To this end, DXC is actively working with Western Sydney University (WSU) to identify opportunities that will help students solve real-world challenges and develop work readiness skills that will be critical to supporting the new airport and the growing Western Sydney region.

-- BERNAMA

 QIAOXU - CHINA DOWN VALLEY SEES FEATHER FACTORY TRANSFORMATION


KUALA LUMPUR, Dec 13 (Bernama) -- Plot B of Qiaoxu - China Down Valley has been under construction in full swing and multiple large machines have been operated for land leveling, as a down feather factory is planned to be built here.

According to the Publicity Department of Gangnan District, Guigang, the total planned land area of the project is 69618.12 square metres, two production workshops are planned to be built, covering an area of 40,000 square metres.

In April, Plot A was put into production, marking an essential stride in the transformation and upgrading of the down feather industry in Gangnan District, according to a statement.

Qiaoxu down feather industry of Gangnan District, Guigang, Guangxi was flourishing in the 1980s.

For over 40 years, Qiaoxu down feather industry has grown rapidly by gathering the high-quality down resources and relying on the industries with little investment but quick results as well as the flexibility in business and agriculture, laying a foundation for the reputations of ‘Hometown of Down in China’, ‘High-quality Down Production Base in China’, and ‘Excellent Down Feather Industrial Cluster in China’.

The products are sold to Zhejiang, Shanghai, and other regions and countries, including Japan, Korea, the United States and Europe, and the processing volume accounts for 28 per cent of China, 18 per cent of the world.

To consolidate existing advantages, Qiaoxu Town Government and Guangxi Qiaoxu Lotus Down Feather Group Co Ltd have prepared to jointly set up the Project of Qiaoxu - China Down Valley.

This is to build it into a new factory with advanced technology and high value-added products upon standardisation, modernisation and internationalisation, intellectualisation.

The total investment is expected to be RMB1.615 billion, and the building area for the construction is planned to be 46.19 hectares. The Project will be divided into three phases, with a construction period of five years. (RMB100 = RM66.30)

--  BERNAMA

CHUNGHWA TELECOM, THAI NATIONAL TELECOM, THE WHITESPACE, DELTA ELECTRONICS (THAILAND) IN 5G PRIVATE NETWORK MOU

KUALA LUMPUR, Dec 20 (Bernama) -- National Telecom (NT), The WhiteSpace (The WSP), Delta Electronics (Thailand) PCL. and Chunghwa Telecom signed a Memorandum of Understanding (MOU) for collaboration in a 5G private network in December 2021.

The joint project will support the ‘Thailand 4.0’ innovative manufacturing plan and assist Thailand in accelerating the use of 5G Innovative applications to introduce technologies such as the Internet of Things (IoT), information security, artificial intelligence (AI), and big data.

In addition, the project will help realise innovative application services, such as Thailand's smart manufacturing, remote collaboration, and smart medical care.

In a statement, Sarah Wu, President of Chunghwa Telecom International Business Group, said: "Chunghwa Telecom has been cultivating the new southward development plan for a long time, our mission has been to actively form alliances with high-quality international partners to develop various innovative application services.”

This four-party multinational cooperation promotes 5G enterprise private networks and innovative application services in the Thai market. It focuses on solving the pain points of digital transformation for enterprises in the post-epidemic era and leverages Chunghwa Telecom’s abundant technical energy, service best practices, and solution ecosystem partners to support Thailand.

Moreover, it will assist the Thai government in creating a 5G innovative application service ecosystem to make Thailand a leader in ‘industrial transformation’ and ‘technological innovation’ among the five North ASEAN countries (Thailand, Cambodia, Myanmar, Laos, and Vietnam).

This cooperation between Chunghwa Telecom, NT and The WSP is to introduce a 5G private network to actualise AR remote collaboration for application in assembly training, operation assistance, and visual equipment control at the main office and first plant of Delta Electronics (Thailand) in Bangpoo Industrial Estate, Thailand.

This will complete digital transformation for the post-epidemic era. In the future, this joint plan will extend to the local government, manufacturing, tourism, medical or financial industries in Thailand.

Chunghwa Telecom will provide their own MEC Intelligent A+, as well as design and planning experience. NT will provide the local 5G core network, while the WSP will provide local marketing and operation experience, and work together to create innovative application services for Delta’s smart factories.

-- BERNAMA

FUSIONEX WINS CHANNEL ASIA INNOVATION AWARDS 2021 FOR THE HOMEGROWN INDEPENDENT SOFTWARE VENDOR CATEGORY

Fusionex Group CEO Dato’ Seri Ivan Teh (Photo: Business Wire)​
 

SINGAPORE, Dec 20 (Bernama-BUSINESS WIRE) -- Channel Asia presented data technology regional market leader Fusionex with the Homegrown Independent Software Vendor award at the 2021 Innovation Awards. The event is the largest celebration of ecosystem excellence in delivering transformative customer solutions across Southeast Asia.
 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211219005025/en  

Representing the entire ASEAN ecosystem, over 220 finalists were shortlisted from a pool of 90 organizations and more than 300 nominations, spanning partners, start-ups, telcos, vendors and distributors. Winners were announced during a virtual awards ceremony attended by more than 600 technology executives from across the region.

“We congratulate Fusionex on your recognition in the Homegrown Independent Software Vendor category. ASEAN is once again brimming with inspiring examples of innovation, raising the bar for industry excellence through the deployment of bleeding-edge technologies and solutions. Two words perfectly illustrate the DNA of the ASEAN technology ecosystem – tough and transformative in equal measure,” said International Data Group Strategic Partnerships and Innovation Vice President Cherry Yumul.

This award was accorded to Fusionex in recognition of establishing deep levels of market-leading analytics, big data, machine learning and AI expertise and specialist services to help local and international businesses overcome real-world challenges. By adopting a digital-first culture, Fusionex aims to reinvent digital experiences and accelerate modernization efforts to drive business continuity, resiliency and sustainability.

“We would like to thank Channel Asia for this prestigious award. It is a great privilege for us to receive the Homegrown Independent Software Vendor award as it pays tribute to excellence and leadership in the technology sector. This award reaffirms our efforts to enable and drive meaningful change via accessible, effective and state-of-the-art technology. With innovation at our very core, we look forward to developing strategic partnerships and collaborations with industry players to maximize productivity, accelerate growth and meet ever-evolving market demands,” said Fusionex Group CEO Dato’ Seri Ivan Teh.

The winners were selected by an executive panel of industry judges – acknowledging creativity, innovation and excellence. 

About Fusionex 

Fusionex is an established multi-award-winning data technology leader specializing in Analytics, Big Data Management, IR 4.0, Internet of Things, Machine Learning and Artificial Intelligence. Its state-of-the-art offerings are focused on helping clients unlock value and derive insights from data. 

Featured on Forbes, Bloomberg, Gartner, IDC, Forrester, Edison, and Huffington Post, Fusionex is the largest Big Data Analytics company and market leader in ASEAN, bringing state-of-the-art, innovative, and breakthrough data-driven platforms to its stable of clientele (including Fortune 500, FTSE companies, large conglomerates, as well as a wide array of small and medium enterprises [SMEs]) that spans across the United States, Europe, as well as Asia Pacific. Fusionex is also a MDEC Global Acceleration and Innovation Network (GAIN) company. 

Gartner’s report on Modern Analytics and Business Intelligence shortlisted and commended Fusionex’s data technology platform. In addition, Fusionex has been identified as a Major Player in IDC’s MarketScape Report for Big Data & Analytics. Fusionex is the only ASEAN-based company to be featured in both reports, cementing its credentials in the data technology market for this region.

To learn more about Fusionex, visit www.fusionexgroup.com.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20211219005025/en/ 

Contact

Nancy Baker
nancy@international-marketinsights.com 

Source : Fusionex

INDIA'S LEADING LAW FIRM, CYRIL AMARCHAND MANGALDAS, ANNOUNCES OPENING OF ITS SINGAPORE PRACTICE.

MUMBAI, India, Dec 20 (Bernama-BUSINESS WIRE) -- India’s leading law firm, Cyril Amarchand Mangaldas (CAM) announced today the opening of its new foreign law practice in Singapore, Cyril Amarchand Mangaldas (Singapore) Pte. Ltd. (CAM Singapore). CAM Singapore will operate as a licensed foreign law practice offering Indian law expertise including International Arbitration. It will focus on delivering legal services across various practice areas.

Singapore is one of the leading business hubs in the world and enjoys a key role as a gateway to India. It has also consolidated its position as the favoured regional HQ jurisdiction in Asia. CAM aims to assist companies in Singapore and the region in navigating through the Indian legal and regulatory framework. CAM Singapore will initially focus on areas such as International Arbitration, Fintech, Investment Funds, Corporate Advisory, Private Equity, Capital Markets, Banking & Finance, Technology & Data Protection, Cross Border Insolvency and Private Client.

CAM Singapore will be moving into its new office premises at 61 Robinson Road #11-03, Singapore 068893. CAM Singapore will be led by Mr. Vivek Kathpalia, Managing Director & CEO and Ms. Dipti Bedi as Director, and will continue to grow the team in the coming months.

Vivek Kathpalia has over 22 years of experience, 14 of which have been in Singapore as a licensed foreign lawyer. He has vast experience of advising varied clientele in Singapore, Japan and globally, with respect to their Indian law requirements and developing key markets with a focus on India. He has experience in a broad range of areas including M&A and PE transactions, Technology and Education. He also practiced as a litigator in the Bombay High Court in his early years as an advocate.

Dipti Bedi has over 13 years of experience with a focus in banking and finance, international arbitration, disputes and employment. She has worked with CAM for 7 years and rejoined us in February 2021, and will be transitioning from our representative office in Singapore to CAM Singapore. Prior to rejoining CAM, she worked with Vedanta Limited.

On the Singapore office opening, Mr. Cyril Shroff, Managing Partner, Cyril Amarchand Mangaldas said, “The opening of the Singapore office is a part of the Firm’s larger strategic view of Singapore as a thriving hub for Asia Pacific and also for the Firm’s domestic and international clientele. Singapore remains a key focus for us with immense potential and growth opportunities. We are pleased to announce that we now have a functional foreign law licensed office in Singapore.”

Mr. Vivek Kathpalia, said, “I am delighted to join CAM in their maiden international foray. I have witnessed Singapore developing itself into a key economic and business hub for India over the last 14 years that I have been here. The CAM brand is very well established in Singapore and the presence of CAM Singapore on the ground will have significant impact.”

Mr. Rishabh Shroff, Partner, Head of International Business Development, & Co-Head Private Client Practice, Cyril Amarchand Mangaldas said, “We are delighted with our new office in Singapore. Given the attraction of high net worth individuals to Singapore, the decision to have our presence in a rich ecosystem of Singapore was a logical step in our growth strategy.”

CAM also recently announced the opening of its office in GIFT City, Gandhinagar. With this announcement, CAM will have six offices in India, an office in IFSC (GIFT City) and an office in Singapore.

____________________________

About Cyril Amarchand Mangaldas

Cyril Amarchand Mangaldas (CAM) is India’s leading law firm with a global reputation of being trusted advisers to its clients. The Firm advises a large and diverse set of clients, including domestic and foreign commercial enterprises, financial institutions, private equity and venture capital funds, start-ups, government and regulatory bodies. The Firm’s generalists, specialists and senior ex-regulators expertly guide clients across a spectrum of transactions, sectors and regulations. With over 850 lawyers and 150 Partners, the Firm is the largest full-service law firm in India with offices in key business centres at Mumbai, Delhi-NCR, Bengaluru, Ahmedabad, Hyderabad, Chennai, GIFT City and also in Singapore under the licensed foreign law practice, Cyril Amarchand Mangaldas (Singapore) Pte. Ltd. (company registration no.: 202137213R).

In 2021, the Firm received “Law Firm of the Year” award at the IFLR 1000 India Awards, “India Deal Firm of the Year” at the ALB India Awards and “Most Responsive Domestic Law Firm” at the In-House Community Firm of the Year Awards.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20211217005209/en/

Contact

Madhumita Paul
Dy. Chief Marketing Officer – Marketing & Communications
madhumita.paul@cyrilshroff.com
+91 98338 18006

Rahul Gossain
Head – Marketing Communications, and Delhi Region BD
rahul.gossain@cyrilshroff.com
+91 98731 54228

Source : Cyril Amarchand Mangaldas

PROMOTING CONSTRUCTION WITH FULL LEGALITY, METRO STAR HEATS UP THE THU DUC REAL ESTATE MARKET

HO CHI MINH CITY, Vietnam, Dec 20 (Bernama-GLOBE NEWSWIRE) -- In addition to accelerating the construction progress throughout the day and night in order to soon hand over in 2022, the Metro Star project has also achieved a series of important progress in legality, affirms that the project site is no longer public land.

Transportation and Public Works Company Limited was assigned to implement this project on July 25, 2005, according to the Prime Minister's Steering Committee 80. The project was licensed for construction in 2008 and the foundation was completed in 2012. According in Decision 3246/QĐ-UBND dated July 2, 2015 of the People’s Committee of Ho Chi Minh City, the project has undergone enterprise valuation for equitization and held an auction to sell shares widely to people and businesses on to the Ho Chi Minh City Stock Exchange (HOSE). Since that time, the project site has been off-limits to the public land.

In 2016, Metro Star Investment Joint Stock Company was transferred the project from Transportation and Public Works Joint Stock Company, which became a private company under the State’s equitization process. According to Decision No.5268/QĐ-UBND dated October 7, 2016 of the People’s Committee of Ho Chi Minh City: a construction permit and approval and completion of the foundation. The Project’s transfer must be announced on the mass media, specifically in three consecutive newspaper editions 15 days before to the transfer, and without any complaints.

The Metro Star project has also fulfilled its financial obligations for the entire land area, and was re-issued the long-term residential land use right certificate No. CT80499 on June 15, 2020; has also been approved in the housing development plan in Document No. 1757/QĐ-UBND dated May 8, 2019 by the People’s Committee of HCM City, with 1,468 apartments recorded in the Metro Star project. Notice No.218/TB-VP dated March 30, 2021 issued by the People’s Committee of Ho Chi Minh City clearly stated that the project is eligible to be sold or leased in the future.

Currently, Metro Star is speeding up the construction progress in order to promptly hand over shophouses and apartments in 2022 before the first Metro Line of Ho Chi Minh City is completed and put into operation.

Hotline: (+84) 90 789 65 65

Website: https://metrostar.vn/ 

Email: support@metrostar.vn

https://www.globenewswire.com/NewsRoom/AttachmentNg/c5f844d6-3834-4afe-9622-531c04286990 

Source: Metro Star

Blue California announces natural flavour, fragrance portfolio sweet expansion

KUALA LUMPUR, Dec 16 -- Blue California has announced the expansion of its natural flavour and fragrance portfolio of captive ingredients by producing a clean, sustainable nerolidol.

“Biotechnology is opening doors to sustainable ingredients that weren't previously possible,” said head of flavours and fragrances at Blue California, Kathy Oglesby.

“Our collaboration with innovation partner Conagen provides efficient and effective commercialisation, leading us to deliver to our client-creators a full range of captive ingredients, trademarked Plantarôme,™ for use in our flavours and fragrances.”

Nerolidol is found in many flowers and plants, particularly in Seville orange flower, also known as Neroli, which gives the aroma chemical its name.

It is recognised for its floral, woody aroma and can also be described as a fresh scent, blending well with citrus, apple, or rose but light enough to complement any type of scent or flavour. 

Nerolidol is therefore, ideal for use in many applications and known for its relaxing effects, according to a statement.

Nerolidol is first in a full range of natural ingredients in the 2022 pipeline of Blue California's Taste, Smell, and Beauty Division. Conagen develops one of the most high-yielding fermentation platforms for producing sesquiterpenes and lactones.

With its functional advantages in many industries due to its moderate polarity and optical activity, nerolidol is also a useful, sustainable fine chemical intermediate.

More details at www.bluecal-ingredients.com.

-- BERNAMA

Hankyu Hanshin Holdings Inc releases Integrated Report 2021

KUALA LUMPUR, Dec 16 -- Hankyu Hanshin Holdings Inc has released its Integrated Report 2021 with the aims of disclosing management policies as well as both the financial aspects of corporate activities and non-financial aspects, including ESG-related initiatives.

According to a statement, Key Points of this Report are sustainable management promotion based on Sustainability Declaration; disclosure related to the TCFD and other ESG-related initiatives; and, achievements and action plans for the financial and non-financial aspects of each business.

More details at https://www.hankyu-hanshin.co.jp/en/

-- BERNAMA

APPLICATIONS OPEN IN AFRICA AND ASIA FOR ADAPTATION SME ACCELERATOR PROJECT (ASAP)

Village Capital and The Lightsmith Group will accelerate sixteen SMEs and startups that are scaling climate adaptation and resilience solutions in Africa and Asia.


WASHINGTON & NEW YORK, Dec 17 (Bernama-BUSINESS WIRE) -- Village Capital and The Lightsmith Group announced today that applications have opened in Africa and Asia for the Adaptation SME Accelerator Project (ASAP), a program for SMEs and startups that are scaling market-based solutions to critical climate adaptation and resilience challenges.

“Accelerating the growth of selected climate adaptation solutions companies in developing countries is the final step in the ASAP strategy,” said Jay Koh, MD, Lightsmith Group. “By connecting SMEs identified through the Adaptation Solutions Taxonomy to resources of a world-class accelerator, we can demonstrate how these companies can scale up their solutions to the growing impacts of climate change.”

“SMEs and startups provide the local, contextualised solutions for climate adaptation and resilience in developing countries but struggle to obtain finance,” said Adedana Ashebir, Regional Director, Africa and Middle East, Village Capital. “Through ASAP, companies at the intersection of impact, inclusion, and investability stand a chance to bring their ideas from vision to scale.”

ASAP is a grant-funded initiative led by The Lightsmith Group, supported by the Global Environment Facility’s Special Climate Change Fund, Conservation International, and the Inter-American Development Bank that seeks to build an ecosystem for small- to medium-sized companies in emerging markets that have technologies, products, and services capable of building resilience to the impacts of climate change.

“Developing countries’ climate adaptation needs are immense and diverse, and the private sector plays an important role in filling the gap. In Asia and Africa, one of the biggest barriers to investment in climate resilience is the lack of financing available for small and medium-sized enterprises,” said Carlos Manuel Rodriguez, CEO and Chairperson of the GEF.

Each of the sixteen companies will have the opportunity to work closely with industry experts, investors, and ecosystem partners to develop the networks they need to scale their impact.

All startups in the program will be invited to join Abaca, Village Capital’s global online platform that helps entrepreneurs analyse, prepare their businesses for investment and match them with the right investors and resources.

Applications close on January 31, 2022. For all details click here.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20211215006187/en/

Contact

PR Partners: Wing Communications
Founder & CEO Shiva Bhavani,
Email-  Shiva@wingcomm.in
Link: https://wingcomm.in/

Source : Village Capital

NITORI ENTERS SOUTHEAST ASIA MARKET, OPENING FIRST STORES IN MALAYSIA, SINGAPORE NEXT YEAR

KUALA LUMPUR, Dec 16 (Bernama) -- Nitori Holdings Co Ltd has announced its entry into the Southeast Asian market.

The first Nitori store, which sells furniture and home-furnishing products, will open a ‘NITORI LaLaport BUKIT BINTANG CITY CENTRE’ store in Malaysia in January next year, followed by the opening of a ‘NITORI ORCHARD’ store in Singapore in March.

Nitori is Japan's largest furniture and home-furnishing retail chain, and its vision is to open 3,000 stores and achieve sales of 3 trillion yen by 2032, based on the mission statement “To enrich homes around the world.”

According to a statement, the main business of the Group is opening ‘Nitori’ stores that sell furniture and home-furnishing products.

The Group also operates ‘Deco Home’ stores that sell home-furnishing products with a focus on daily necessities, ‘Shimachu’ home improvement stores that also sell furniture, hardware and daily goods, and ‘N Plus’ stores that sell apparel brands for adult women.

The Group has opened 692 stores in Japan and 88 stores in Mainland China, Taiwan and the United States. It would like to achieve further growth to realise its mission and vision by opening more stores in other regions and expanding its e-commerce business, including opening stores in Southeast Asia.

The first Nitori store in Southeast Asia will open in January 2022, in the ‘Mitsui Shopping Park LaLaport BUKIT BINTANG CITY CENTRE’ in Malaysia. The second store in Malaysia is planned to open in Q3 2022.

Meanwhile, the first store in Singapore will also open in March 2022 on Orchard Road, the largest main shopping street in Singapore.

This is just the first step in Nitori's expansion into the Southeast Asian market. Over the next five years, it plans to open 20 stores in Malaysia and 10 stores in Singapore.

More details at https://www.nitorihd.co.jp/en/

-- BERNAMA

METAP INC.: ANNOUNCING THE NEW PROJECT "METAVERSE X GAMEFI", WHITELIST AND COMMUNITY REGISTRATION CAMPAIGN IS UNDERWAY!

Gensokishi Online -Meta World- (Graphic: Business Wire) 

TAIPEI, Taiwan, Dec 16 (Bernama-BUSINESS WIRE) -- Gensokishi Online has announced the release of its official website "Gensokishi Online -META WORLD-" in Dec. 2021.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211215006137/en/ 

This project is a new version of "Gensokishi Online", which won the "Game of the year, Gold Award" in 2012 in Taiwan and has been played by a total of 8 million users. Gensokishi aims to build a new fantasy world economy with blockchain technology, incorporating NFT and GameFi elements into a 3D MMO world metaverse.

"Gensokishi Online", a Japanese 3D MMO title licensed from "Elemental Knights Online", has been trusted and proven for more than 13 years on various apps, Nintendo Switch and PlayStation4.

In the world created by WEB3.0, Metaverse, and GameFi, Gensokishi will realize the three features of "Free to Play", "Play to Earn", and "UGC to Earn".

Anyone can create an account for free and buy and sell the NFT items and tokens they acquire.

In the future, Gensokishi plans to offer "UGC (User Generated Contents)," which will allow users and companies to create and sell NFT items, as well as the right to freely create land, place objects, natural environments, characters, and monsters in the metaverse.

Gensokishi operates on top of Polygon (MATIC), better known as an Ethereum based protocol that allows players to get the benefits of high transaction capabilities and low costs.

Furthermore, this initiative also includes participation from key personalities in the video game industry.

The MV token will be on Uniswap on Dec. 23, 2021. For more information, please see the white paper.

About the Campaign

Various campaigns are being held to celebrate the announcement of Gensokishi Online.

Community Registration Campaign

A campaign is currently being held to distribute "Limited Equipment NFT" to all those who join the community by Dec. 27, 2021.

Whitelist

Starting Dec. 7, Gensokishi is running a $10,000 Whitelist Campaign, and if you enter by Dec. 19, you will be entitled to purchase up to $100 worth of token at private sale prices.

Official Community
Twitter
Telegram
Discord

Service Outline
Description: Gensokishi Online -META WORLD-
Languages: English, Chinese, Japanese
System Requirements: PC, Android, iOS
Source : Taiwan Gensokishi Online Project Metap.


View source version on businesswire.com: https://www.businesswire.com/news/home/20211215006137/en/ 

Contact

Metap Inc.
Maxi Kuan
Phone number: +886935312638
E-mail address: info@genso.game 

Source : Metap Inc.

Cloudflare unveils partnerships with leading cyber insurers, incident response providers

KUALA LUMPUR, Dec 13 -- Cloudflare Inc, the security, performance, and reliability company helping to build a better Internet, announced it is partnering with leading cyber insurance companies to help businesses manage their risks online. 

Eligible Cloudflare customers can qualify for discounts or other added benefits from insurance providers like At-Bay, Coalition, and Cowbell Cyber for using Cloudflare to protect any of their websites, applications, employees, and corporate networks. 

According to a statement, Cloudflare also announced new relationships with prominent incident response providers CrowdStrike, Mandiant, and Secureworks, enabling them to rapidly refer companies under attack.

As cyberattacks increase in volume and severity, the number of businesses selecting cyber insurance has surged from 26 per cent in 2016 to 47 per cent in 2020. As a result, some insurance companies have had to raise premiums to cover their costs.

“We’re helping protect millions of organisations every day, and cyber insurers understand the benefit that brings to keeping a company protected online,” said co-founder and chief executive officer of Cloudflare, Matthew Prince.

“Similar to a safe-driving discount granted through auto insurance, now companies can get discounts just for using Cloudflare to protect their organisations. By working closely with some of the most prominent cyber insurers and incident response providers, we are now helping businesses to comprehensively manage their risk online.”

In Q3 2021, Cloudflare automatically mitigated one of the world’s largest DDoS attacks that hit a customer in the financial services industry.

The ability to thwart and prevent an average of 76 billion attacks per day is attractive to cyber insurers who are faced with covering a rapidly growing customer base and a more complex threat landscape. 

When a business is under attack, every minute is important. Incident response companies work hard to get a network back online or restore traffic to a website after an attack.

To make that process easier and faster, Cloudflare is partnering with CrowdStrike, Mandiant, and Secureworks to enable rapid referral of organisations under attack.

More details at www.cloudflare.com.

-- BERNAMA

WOLTERS KLUWER FRR TRIUMPHS IN APAC LEADERSHIP, REGULATORY REPORTING AND RISK AWARDS

SINGAPORE, Dec 16 (Bernama-BUSINESS WIRE) -- Wolters Kluwer’s Finance, Risk & Regulatory Reporting (FRR) business has won a number of major awards for the Asia Pacific (APAC) region. Regulation Asia has named Wolters Kluwer’s OneSumX for FRR the “Best Solution in Regulatory Reporting” in its prestigious Awards for Excellence for the third time in four years and APAC Insider has recognized the company’s leading position in risk and regulatory reporting, as has RegTech Insights. The company’s Managing Director for APAC, Rainer Fuchsluger, has also won an executive leadership award from CEO Monthly magazine.

Regulation Asia is a leading online publication, providing actionable regulatory intelligence for APAC markets. Since its inception in 2013, its audience has grown to include regulatory bodies, exchanges, banks, asset managers and service providers, allowing it to play a key role in the regulatory agenda. Its free to enter Awards for Excellence program recognizes companies that have shaped the regulatory landscape across APAC, providing independent verification of excellence and innovation.

Regulation Asia judges noted how “in July, more than 30 banks in Singapore went live with the revised MAS 610 reporting requirement, smoothly and without incident, using OneSumX.” The judges also noted how “OneSumX for Regulatory Reporting enables financial institutions to address increasingly complex regulatory data and reporting requirements, leveraging an upgraded regulatory engine that dramatically improves execution speed and performance.”

CEO Monthly magazine, meanwhile, has recognized the regional leadership of Fuchsluger, naming him RegTech Executive of the Year, APAC, 2021. With 20 years of experience in leading various financial services teams, Fuchsluger joined Wolters Kluwer in 2018 from SS&C Technologies where he was Regional Managing Director, Asia, of the Institutional and Investment Management business. Prior to this he held senior leadership roles at global FinTech firms across Europe and Asia. He is an Executive Member of Wolters Kluwer’s Sustainability Governance Board.

Other independently judged awards recently won by Wolters Kluwer FRR APAC include:

• RegTech Insights: Best Vendor Solution for MAS 610, APAC, 2021
• RegTech Insights: Best Regulatory Reporting Solution, APAC, 2021
• APAC Insider: Regulatory Reporting Provider of the Year – Singapore, 2021
• APAC Insider: Best Risk Firm of the Year, APAC, 2021
• APAC Insider: Best Regulatory Reporting Technology Firm of the Year, APAC, 2021

Wolters Kluwer’s FRR business, which is part of the company’s Governance, Risk & Compliance (GRC) division, is a global market leader in the provision of integrated regulatory compliance and reporting solutions. These solutions support regulated financial institutions in meeting their obligations to external regulators and their own boards of directors.

Last month Wolters Kluwer announced that it has enjoyed its most successful year ever in the widely followed Chartis RiskTech100^® report. The company has been named this year's Category Winner in four areas - Regulatory Reporting – Banking, Liquidity Risk, Regulatory Intelligence and OpsTech – Tax Processing. This comprehensive and independent study of the world’s leading risk and compliance technology companies is compiled by Chartis Research, part of Infopro Digital, publishers of Risk.net and Waters Technology.

The other banking and regulatory compliance business of Wolters Kluwer GRC is Wolters Kluwer Compliance Solutions - a market leader and trusted provider of risk management and regulatory compliance solutions and services to U.S. insurers, banks and credit unions, and securities firms. The division’s legal solutions businesses are Wolters Kluwer CT Corporation and Wolters Kluwer ELM Solutions.

About Wolters Kluwer Governance, Risk & Compliance

Governance, Risk & Compliance is a division of Wolters Kluwer, which provides legal and banking professionals with solutions to help ensure compliance with ever-changing regulatory and legal obligations, manage risk, increase efficiency, and produce better business outcomes. GRC offers a portfolio of technology-enabled expert services and solutions focused on legal entity compliance, legal operations management, banking product compliance, and banking regulatory compliance.

Wolters Kluwer (AEX: WKL) is a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. Wolters Kluwer reported 2020 annual revenues of €4.6 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries and employs 19,200 people worldwide.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20211215005569/en/

Contact

Paul Lyon
Global Corporate Communications Director: Global Marketing, Communications & Planning
Governance, Risk & Compliance Division
Wolters Kluwer
Tel: +44 20 3197 6586
Paul.Lyon@wolterskluwer.com

Source : Wolters Kluwer

VONAGE, THRICE ASIA-PACIFIC COMMUNICATIONS PLATFORM AS A SERVICE COMPANY OF THE YEAR

KUALA LUMPUR, Dec 16 (Bernama) -- Vonage, a global business cloud communications leader helping businesses accelerate their digital transformation, has been named Asia-Pacific Communications Platform as a Service (CPaaS) Company of the Year by Frost & Sullivan for the third consecutive year.

Vonage was recognised for its API Platform, which allows for the integration of fully programmable communications application programming interfaces (APIs) into existing products, workflows and systems.

Vonage provides businesses worldwide with the power and flexibility to integrate multiple communications channels − video, voice, chat, messaging, email and verification − into their applications, products, and workflows to create new paradigms in their industries.

Vonage was selected as Company of the Year by Frost & Sullivan following a rigorous analytical process, involving a detailed evaluation of best practices’ criteria across two dimensions - visionary innovation and performance, and customer impact.

Describing it as an honour to be recognised by Frost & Sullivan for the third consecutive year, John Lee, Vonage Vice President, APAC Sales said in a statement: "This award is testament to our continued leadership, innovation and growth within the industry and especially in the Asia-Pacific region.

“In an age where customers expect ultra-fast, seamless and dynamic communications and engagement, Vonage is meeting new and existing customer needs now and is positioned to meet their evolving needs well into the future.”

Meanwhile, Sherrel Roche, Industry Principal ICT Practice, Frost & Sullivan said: “Vonage reinvigorated the market through its integrated communications APIs, unified communications, and contact centre solutions on a cloud platform.

“Vonage’s focus on developing innovative solutions, local market understanding, extensive industry-specific use cases, an extensive developer network, and a robust partner ecosystem are the cornerstone of the company’s success in Asia-Pacific.”

Vonage APIs make it easy for businesses to build solutions to disrupt their industries, and enable the type of business continuity, remote work, and remote delivery of services that is so essential in today's environment.

For more information, visit www.vonage.com.

-- BERNAMA

TASKUS ANNOUNCES ASIA AND EUROPE EXPANSIONS

KUALA LUMPUR, Dec 15 (Bernama) -- TaskUs Inc, a provider of outsourced digital services and next-generation customer experience to innovative and disruptive technology companies, has announced expansion plans in three new countries: Malaysia, Poland, and Romania.

“Our vision is to make a positive impact on the best brands in the world, the people we connect with, and our global communities,” said Chief Executive Officer and Co-Founder of TaskUs, Bryce Maddock.

“This growth allows Us to share our Ridiculously Good culture with more people across the globe, contribute to economic development, and redefine the outsourcing industry.”

TaskUs has seen exponential year-over-year growth since 2008. From five employees in a one-room office in Manila to now over 35,600 employees across more than 20 sites in eight different countries, TaskUs continues its growth in Asia and Europe.

According to a statement, TaskUs has chosen Kuala Lumpur, Malaysia for its Southeast Asian expansion because of the capital’s world-class tech infrastructure, multilingual labour force, and work-and-play environment.

Similarly, both Łódź, Poland’s third largest city, and Iași, Romania’s second largest city, boast dynamic, vibrant cultures and highly educated, bilingual talent pools.

Already operating in technology and education hubs globally including the United States, Taiwan, and India, TaskUs recognises that these locations offer the excellent quality of life that TaskUs supports for its employees, resulting in the exceptional quality of service it offers to clients.

Operations in these new locations are expected to start within the first half of 2022.

TaskUs has been consistently recognised as one of the best places to work in the world, with recognitions from the Business Intelligence Group, Stevies Awards, Comparably, and Investors in People, among others.

More details at https://www.taskus.com.

-- BERNAMA

METRICSTREAM LAUNCHES ADVANCED CYBER RISK QUANTIFICATION, RISK ASSESSMENT AND COMPLIANCE MANAGEMENT CAPABILITIES

SAN JOSE, Calif., Dec 15 (Bernama-BUSINESS WIRE) -- MetricStream, the global market leader in integrated risk management (IRM) and governance, risk, and compliance (GRC), today announced new native capabilities for Advanced Cyber Risk Quantification and Simulation to measure cyber risk in monetary terms, along with intuitive risk assessments, expanded compliance risk management capabilities, and enhanced visibility into third and fourth-party risks. Enterprise and mid-size businesses need intelligent tools to measure, manage, and see risk holistically, gaining valuable insights to make more strategic decisions.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211213006088/en/

MetricStream’s latest software release features powerful analytics that allow customers to quantify cyber risk in terms of actual currency, as opposed to measuring risk using red, yellow and green heatmaps. Equipped with precise cyber risk quantification, CISOs, Chief Risk Officers, Chief Compliance Officers and boards can understand, analyze, and act on cyber risk. Using Monte Carlo simulation, risk scenarios can also be run to prioritize action plans and investments.

The new Cyber Risk quantification is built on MetricStream Intelligence, an advanced analytical and AI engine that enables multiple scoring models and data science tools. Unlike other companies that focus only on the FAIR® risk quantification model, MetricStream Intelligence allows creation of any type of models and variables.

“Customers need advanced GRC software solutions that enable them to dig deep into quantifiable metrics and risk assessments for cyber, ESG, compliance and third party, while identifying and addressing gaps in their risk posture,” said Prasad Sabbineni, Chief Technology Officer, MetricStream. “MetricStream Intelligence, the backbone of this new release, is a simulation-based risk modeling and decisioning framework that supports various risk taxonomies, enabling an integrated view of risk.”

MetricStream’s latest software release also includes the following new capabilities:

Intuitive Risk Assessment – With a rapidly changing risk landscape, organizations need to capture and assess emerging and evolving risks faster than ever. New capabilities enable agility and risk-based decision-making through a single view of the top risks faced by the organization across the first and second lines of defense.

Regulatory Change & Compliance Risk Management – In today’s complex environment, businesses need help managing compliance with constantly changing regulations. This release strengthens compliance risk assessment and risk-based control testing functionality. Organizations can also easily understand the impact of regulatory changes on policies, risks and controls. In addition, policy exception, communication and attestation capabilities have been enhanced, driving efficiency, effectiveness and compliance.

Third Party Risk Management – Risk managers can now get deeper visibility into risk exposure at the third and fourth-party level. Additionally, this release includes added content integration for deeper insight, including security, ransomware, financial health and ESG ratings.

ESGRC - This latest release also provides enhancements to MetricStream’s ESGRC software solution, leveraging standardized ESG disclosure reporting frameworks and automated information gathering.

About MetricStream, Inc.

MetricStream is the global market leader of Integrated Risk Management and GRC solutions that empower organizations to thrive on risk by accelerating growth via risk-aware decisions. We connect governance, risk management and compliance across the extended enterprise to enable resilience and digital transformation. MetricStream is headquartered in San Jose, California, with an operations and R&D center in Bangalore, India, and sales and operations support around the globe. More information is available at www.metricstream.com, LinkedIn, Facebook and Twitter.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20211213006088/en/

Contact

Media Contact:
Amy Rhodes
arhodes@metricstream.com
650-620-2935

Source : MetricStream, Inc.

FPT SOFTWARE, IFA FORM BUSINESS ALLIANCE TO DEVELOP INFORMATION BANKING PLATFORM

KUALA LUMPUR, Dec 15 (Bernama) -- Vietnam’s leading IT firm FPT Software and Tokyo-based IFA Co Ltd (IFA) have formed a business alliance to develop an information banking platform.

The platform, AIre Data Bank, expects to enhance the data exchange experience with the utilisation of blockchain technology, according to a statement.

“We look forward to developing this information bank platform and extending blockchain applications in business. FPT Software will strengthen this partnership with IFA, making security, transparency, integrity, and convenience a reality for our users,” said Chief Executive Officer of FPT Japan, Nguyen Viet Vuong.

With the development of AIre Data Bank, FPT Software and IFA look to offer a marketplace that enables secured and transparent transactions of data and rewards between ‘sellers’, who provide a variety of personal data, and ‘buyers’, who purchase data for marketing and other purposes.

Blockchain technology, with its strengths of increasing security and transparency, is leveraged to build this platform. AIre Data Bank uses ARCS, a cryptocurrency issued and operated by IFA, as its native token.

In addition, all transaction data will be stored on the blockchain, preventing any party from corrupting the integrity of data, allowing ‘buyers’ to purchase the data fairly.

By combining the use of ARCS and FPT Software's advanced blockchain capability, both parties aim to realise the vision of user-sovereign autonomous information utilisation, mainly in the Asia Pacific region.

IFA and FPT Software are finetuning the services of AIre Data Bank and plan to launch the application in 2022.

More details at http://www.fpt-software.com.

-- BERNAMA