Monday, 26 February 2024

CANADA-IN-ASIA CONFERENCE 2024 KICKS OFF IN SINGAPORE


KUALA LUMPUR, Feb 26 (Bernama) -- The Asia Pacific Foundation of Canada (APF Canada) and Universities Canada invited members of the media to attend the second annual Canada-in-Asia Conference (CIAC2024) at the Pan Pacific Singapore from Feb 26 to 29.

According to a statement, with over 430 registrants, the CIAC2024 will focus on two thematic areas, namely Agri-food (Feb 26 to 27) and Climate Solutions (Feb 27 to 29).

The conference will convene business and government leaders, investors and innovators, and researchers and experts from across Asia and Canada to exchange perspectives, knowledge, and ideas and to create collaborative partnerships in these two critical sectors.

APF Canada and Universities Canada confirmed that Republic of Singapore Minister for Sustainability and the Environment and Minister-in-charge of Trade Relations, Grace Fu, will be joining CIAC2024 as the guest of honour and keynote speaker at the Feb 27 Gala Dinner.

-- BERNAMA

Friday, 23 February 2024

DATA ROAMING WITHOUT WORRIES, NOW IN EVERY APP: ESIM INNOVATOR 1GLOBAL GIVES FINTECH ITS OWN ROAMING SERVICE



Data Roaming Without Worries, Now in Every App: eSIM Innovator 1GLOBAL gives FinTech its Own Roaming Service. (Graphic: Business Wire)
Data Roaming Without Worries, Now in Every App: eSIM Innovator 1GLOBAL gives FinTech its Own Roaming Service. (Graphic: Business Wire)

 
  • Growing interest in 1GLOBAL’s unique mobile communication API integration from travel and finance companies
  • Worldwide data packages without roaming charges soon to be offered to millions of European customers
  • Fintech group becomes first in sector to integrate 1GLOBAL tech into banking app


LONDON, Feb 23 (Bernama-BUSINESS WIRE) -- The range of industries adopting 1GLOBAL’s innovative services continues to grow as more than 30 million European customers will be soon avoiding roaming charges in over 160 countries.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240222033843/en/  

By fully integrating the 1GLOBAL API, global fintech Revolut now offers its customers simple, fast access to 1GLOBAL's low-cost global mobile network. Once activated by the user, an embedded SIM (eSIM) is generated for the mobile device.

"Without having to leave the Revolut app, users can install an eSIM within one minute,” said Hakan Koç, Founder and CEO of 1GLOBAL. “This is why players from a wide range of industries such as travel, insurance, fintech, airlines, VIP logistics and more are all coming to us to increase the range of services they offer by integrating our connectivity."

Instead of having to obtain a physical SIM to access the local network on arrival, customers using apps that integrate 1GLOBAL’s technology will simply set up an eSIM on their device. This gives them complete control of their connection, including a display of data consumption. They can also use the app to buy a data plan even when they’ve already run out of allowance.

”At Revolut, we know how important it is for our customers that they stay connected to Revolut services, wherever they are, without worrying about their data allowance. Revolut eSIMs, developed in partnership with 1Global, is a convenient technology and provides great value tailored to our global audience," commented David Tirado, Global Business VP at Revolut.

Any company can integrate 1GLOBAL tech into its own customer offering via a suite of APIs. As a result, customers stay within that app for longer, a new revenue channel is created, value for customers is generated and brand loyalty increased.

In Revolut’s case, full integration of 1GLOBAL technology was made into its own app and under its own brand. Alternatively, companies can offer 1GLOBAL connectivity simply as a 3rd party or affiliate via references (such as a QR code) that directs the user to download their eSIM and 1GLOBAL software.

"As a telecommunications technology innovator, we have created our own global telecommunications network and can issue eSIMs and an International Mobile Subscriber Identity (IMSI),” explains Koç. “This distinguishes us from vendors who do not have their own network infrastructure and simply resell data packages.”

The 1GLOBAL platform gives app operators the ability to offer users global connection supported by nine Mobile Virtual Network Operators (MVNO), five international sponsored roaming partners, and over 150 interconnects. This kind of ‘hyperscale’ connectivity, with 2000 routes to 350 mobile carriers spanning 2G to 5G and LPWAN, would be impossible without leveraging 1GLOBAL’s innovative technology.

About 1GLOBAL

1GLOBAL provides quick and secure mobile network connectivity in over 160 countries worldwide. Their eSIM technology integrates seamlessly into the existing Revolut app and can be installed on any eSIM-compatible mobile device in less than a minute.

Founded in 2022, 1GLOBAL is the new startup of Hakan Koç, co-founder and former Co-CEO of AUTO1 Group. 1GLOBAL acquired a group of telco assets operational since 2006, including an internationally recognised, GSMA-accredited global mobile network. Headquartered in London, with an R&D hub in Lisbon, they have now grown to include over 400 employees across 12 countries and have been granted fully regulated MVNO status in nine of them.

www.1global.com

About Revolut

Revolut is a global fintech, helping people get more from their money. In 2015, Revolut launched in the UK offering money transfer and exchange. Today, more than 35 million customers around the world use dozens of Revolut’s innovative products to make more than half a billion transactions a month.

Across our personal and business accounts, we give customers more control over their finances and connect people seamlessly across the world.

www.revolut.com

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20240222033843/en/

Contact

Ingmar Remus & Thomas Klimmek
1GLOBAL@siccmamedia.de 

Source : 1GLOBAL

PSA COLLABORATES WITH HERE TECHNOLOGIES TO OPTIMIZE TRUCK OPERATIONS IN SINGAPORE

 · OptETruck, an innovative truck fleet management system powered by HERE Tour Planning and Location Services, aims to boost efficiency and facilitates smarter trip planning at Singapore’s ports.

· Companies that have adopted the service demonstrated about 50 percent reduction in empty truck runs.

· PSA is on track to onboard more than 50 percent of the container trucks coming in and out of the ports by end of the year.

Singapore, Feb 20 (Bernama-GLOBE NEWSWIRE) -- HERE Technologies, the leading location data and technology platform, today announced that it is enabling PSA Singapore (PSA), which operates the world’s largest transhipment hub with unrivalled connectivity, to transform its container truck ecosystem in Singapore, with the goal of optimizing the movement of goods at Singapore’s ports.

Singapore is the top maritime capital of the world[1] with the Port of Singapore as the world's second busiest port in terms of container volume. With global connectivity being key to its success, PSA is linked to more than 600 ports worldwide and handled 38.8 million Twenty-foot Equivalent Units (TEUs) last year.  
To maximize truck resource utilization and eliminate operational inefficiencies for Singapore’s container trucking community, PSA has developed OptETruck, a cloud-based transport management solution with features like automated scheduling and asset pooling for truck drivers.

Powered by HERE Tour Planning and Location Services, OptETruck allocates jobs to drivers based on their location, offering real-time optimization of routes and truck assignments. This system not only minimizes empty runs – truck trips without any freight loaded, but also ensures that drivers are allocated jobs in proximity to their current location. This improves overall transit and waiting times, drivers’ well-being and operational efficiency, while reducing carbon emission.

Companies that adopted OptETruck have been able to demonstrate about 50 percent reduction in empty runs. This translates to an annual reduction of approximately 10 million kg of carbon emissions, equivalent to planting 300,000 trees in a year.

Kushal Rajveer, Head of Supply Chain for Asia-Pacific at HERE Technologies said, “Working closely with the Digital Transformation arm of PSA, we designed a solution that utilizes location technology to address the specific challenges of the container truck ecosystem around the Port of Singapore. We’re pleased with the results from early adopters of the OptETruck, which has given PSA confidence to onboard more than 50 percent of container trucks entering and exiting Singapore’s ports by end of this year.”

According to HERE Technologies APAC On The Move 2023 study, logistics companies within Asia-Pacific want turn-key solutions that are easy to implement without expensive, time consuming, and labour-intensive system overhauls. This collaboration between HERE and PSA directly addresses this need by providing PSA with a seamless, easy-to-implement solution tailored to their requirements.

Sriram Ramanujam, Assistant Vice President, Community and Digital Solutions at PSA added, “Our close collaboration with HERE has enabled us to consistently push the boundaries of technology and efficiency in port logistics, and we’re thrilled by the initial results. OptETruck has met the needs of Singapore’s trucking community and sets the stage for a sustainable future, transforming the logistics industry into a well-connected and resilient hub, aligning perfectly with our commitment to contributing to Singapore's vision as a smart nation. We look forward to continuing this journey of pioneering innovative solutions with HERE, shaping the future of port logistics and further solidifying PSA's position as a global leader in the port and supply chain industry." 

Wednesday, 21 February 2024

POLYPLASTICS CHOSEN TO PROMOTE SELEX MOTORS' ELECTRIC TWO-WHEELER BATTERY COVERS

KUALA LUMPUR, Feb 20 (Bernama) -- Polyplastics Co Ltd announced its DURANEX(R) PBT has been selected for battery packs produced by Selex Smart Electric Vehicles Joint Stock Company (Selex Motors), a Vietnamese electric motorcycle start-up.

In a statement, Polyplastics said its DURANEX(R) PBT, specifically formulated and produced for this application was chosen by Selex Motors, to help the company improve the overall quality of its batteries.

The advanced grade of DURANEX(R) PBT features flame retardancy, low warpage, and heat and moisture resistance.

By integrating DURANEX(R) PBT into its battery covers, Selex Motors is setting a higher standard for performance and reliability, ultimately contributing to a greener, more efficient and safer electric vehicle (EV) future.

Polyplastics and Selex Motors adhere to the highest industry standards, ensuring that battery covers meet strict quality benchmarks. DURANEX(R) PBT has been certified by Underwriters Laboratories Inc (UL) with a V-0 rating, indicating its high flame retardancy.

Furthermore, battery covers made with DURANEX(R) PBT have exceeded the demanding requirements of the Vietnam National Standard System, and stringent international standards.

Battery covers play a crucial role in EV by providing safety and maintaining the integrity of the battery pack, and are also important for the overall functionality and attractiveness of electric two-wheelers, which ultimately contribute to the success of the EV market.

A global leader in the development and production of engineering thermoplastics, Polyplastics is backed by a strong global network of research and development, production, and sales resources capable of creating advanced solutions for an ever-changing global marketplace.

-- BERNAMA

Tuesday, 20 February 2024

3D PRESENTS SHAREHOLDER PROPOSALS TO MAXIMISE FUJISOFT'S CORPORATE VALUE



KUALA LUMPUR, Feb 20 (Bernama) -- 3D Investment Partners Pte Ltd, the investment manager of 3D Opportunity Master Funder (3D) has published a presentation regarding its shareholder proposals to enhance Board oversight and accountability and maximise corporate value at Fujisoft Incorporated (Fujisoft or the company).

According to a statement, it will be presented at the company’s 54th annual general meeting of shareholders scheduled to be held on March 15.

In addition, 3D has proposed the appointment of one external corporate auditor and the implementation of a share repurchase of Fujisoft's common stock, which would become effective should the Board of Directors reject the take-private proposal.

It encouraged shareholders to support the strengthening of the oversight function of Fujisoft's Board of Directors and the conditional share repurchase to maximise Fujisoft corporate value.

Therefore, 3D has proposed the appointment of Stephen Givens, a United States corporate lawyer based in Tokyo as an outside corporate auditor of Fujisoft.

As the largest shareholder of Fujisoft with over 21 per cent of outstanding shares, 3D has been engaged in constructive dialogue with the company over the past four years.

Founded in 2015, 3D Investment Partners Pte Ltd is an independent Singapore-based, Japan focused value investing fund manager.

-- BERNAMA

Friday, 16 February 2024

OVER 20,000 JOIN SFA'S 2024 RIYADH MARATHON

 

KUALA LUMPUR, Feb 15 (Bernama) -- More than 20,000 participants from 125 countries, including a record 60 per cent Saudi nationals, took part in the third edition of the Riyadh Marathon on Feb 10, an increase of more than 33 per cent, with 15,000 runners compared to last year.

According to Saudi Sports for All Federation (SFA) in a statement, for the first time, the start and finish line, as well as the accompanying Marathon Village, were located next to Kingdom Arena and Boulevard World.

Competitors of all ages and abilities enjoy one of four races namely the full marathon which is 42.2 kilometres (km), half marathon (21.1km), 10km, and four km family run, with a significant increase in female runners, exceeding 7,200.

“The remarkable figure of 36 per cent female participation underscores our concerted efforts to empower women through sports, and helps to realise the ambitious goals of Saudi Vision 2030. This milestone achievement heralds a brighter, healthier future,” said SFA Managing Director, Shaima Saleh Al-Husseini.

The top three elite male marathon runners were Kigen Wilfred Kirwa of Kenya, Tilahun Abe Gashahun of Ethiopia, and El Ghouz Anouar of Morocco, who were awarded US$30,000, US$20,000, and US$10,000 respectively. (US$1=RM4.78)

Meanwhile, the top three female elite marathon runners, receiving the same amounts, were Badane Bedatu Hirpa, Desta Nigist Muluneh, and Jebesa Zenebu Fikadu, all from Ethiopia. Prizes for elite runners in the half marathon started at US$5,000 for first place.

The event was organised by SFA in collaboration with the Ministry of Sport, the Saudi Arabian Olympic & Paralympic Committee, and the Saudi Arabian Athletic Federation.

-- BERNAMA

Thursday, 15 February 2024

ZEXTRAS' FREE AND OPEN-SOURCE PLATFORM ENHANCES PRIVACY, CONTROL FOR BUSINESSES



KUALA LUMPUR, Feb 15 (Bernama) -- Zextras, an industry-leading software development company, has launched its Carbonio Community Edition (CE), a cutting-edge, fully open-source digital workplace platform designed to enable organisations to self-host their collaboration environment for heightened privacy and control.

Carbonio CE offers unparalleled privacy for businesses looking for a robust alternative to open-source solutions such as Zimbra OS or Software as a Service (SaaS) solutions such as G Suite, according to a statement.

As a Free and Open Source Software (FOSS) solution, Carbonio CE grants users complete control over their software infrastructure, enabling customisation and integration that align with any company's specific requirements.

This powerful platform integrates essential communication tools namely, email, calendars, contacts, tasks, chats and video chats, facilitating a cohesive environment where team members can easily connect and collaborate from any location whether via web client or mobile devices.

Privacy and security are at the forefront of Carbonio CE's design, ensuring that sensitive data is kept confidential and safeguarded against unauthorised access.

Zextras has harnessed the power of open-source technology, offering businesses of all sizes an enterprise-grade solution without the enterprise-level costs.

Carbonio CE's scalable architecture ensures that it can effortlessly adapt to organisations' evolving needs, making it ideal for small to medium businesses.

In addition to the natively available features, Carbonio CE is bolstered by Zextras' celebrated expertise in email solutions and collaboration systems.

This new offering is set to revolutionise how businesses communicate internally and is a testament to Zextras' dedication to delivering first-rate technological solutions.

Carbonio CE is now available for download, enabling businesses to take their first step toward a more secure, efficient, and collaborative digital workplace.

-- BERNAMA