THE 3 KEY DRIVERS IMPACTING MEGATRENDS - TECHNOLOGY, CUSTOMISATION AND SUSTAINABILITY

LONDON, Oct 10 (Bernama-BUSINESS WIRE) -- Technology, customisation and sustainability are the three significant drivers impacting the eight key megatrends identified by Euromonitor International.

By the end of 2019, 72% of the global household population will own at least one smartphone, with more than 100 million online users located in China and India alone, making technology one of the key megatrends’ drivers. “Technology has become such a big part of everyday life that the word ‘Nomophobia’ has been given for the irrational fear of being without a mobile phone,” says Alison Angus, head of lifestyles at Euromonitor International.

Intertwined with technology, customisation is the second driver reinventing shopping experiences. According to the white paper ‘2019 Megatrends: State of Play’, as consumers are increasingly seeking a personalised purchasing journey, retailers are altering the concept of shopping by integrating artificial Intelligence, 5G and social media into everyday lives.

With 65% of global consumers prioritising the need to make a positive impact on the environment, sustainability is the final key driver. As consumer activism is rapidly rising, governments worldwide are committing towards sustainable growth and challenging corporations to offer sustainable solutions. “The change in consumer demands will contribute towards a rise in investments amongst emerging economies, driving businesses to develop innovative strategies to meet those demands” concludes Angus.

To understand how the eight megatrends have been evolving through the three key drivers, download the free whitepaper here

About Euromonitor International

Euromonitor International is the world’s leading provider for global business intelligence, market analysis and consumer insights. From local to global and tactical to strategic, our research solutions support decisions on how, where and when to grow your business. Find the right report, database or custom solution to validate priorities, redirect assumptions and uncover new opportunities. With offices around the world, analysts in over 100 countries, the latest data science techniques and market research on every key trend and driver, Euromonitor International helps you make sense of global markets.

View source version on businesswire.com:
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Contact

Carol Li
Communications Executive - Euromonitor International
Tel: +44 2078515024 Ext 5222
Carol.li@euromonitor.com

Source : Euromonitor International

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WEST COAST STRATEGY - GLOBAL SOCIAL PLATFORM OF INVESTMENT STRATEGY AND WELFARE SOCIAL ENTERTAINMENT

West Coast Strategy, Integrates Investment Strategy and Welfare Entertainment as One

SHANGHAI, Oct 10 (Bernama-BUSINESS WIRE) -- With the breakthrough and innovation of block chain technology, digital assets have gradually become to the mainstream of investment product. Many global traditional finance companies have also started their layouts in digital asset field. However, the supporting system for authoritative investment strategy and service are not able to follow up with the rapid development of digital asset. West Coast Strategy aims to fulfill the market gap in investment strategy field and integrates world-famous teams in strategy investment, social network, entertainment, block chain and other fields to create a global comprehensive platform united with investment strategy, social network and welfare entertainment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191009005626/en/

West Coast Strategy, Integrates Investment Strategy and Welfare Entertainment as One

West Coast Strategy releases BTC and other mainstream digital currency daily as benefits for global users to get familiar with digital asset easily and take their first steps in digital asset field. West Coast Strategy uses social entertainment as a bond allows users get to know worldwide investors and experts; to provide world-leading investment strategy as channel, gather world famous, experienced investors and institutions for high-quality investment strategy. West Coast Strategy allows global investors use digital assets to process full-category investment and fulfill rapid multi-appreciation of assets; reduce investors’ risk and improve the rate of return by using entrusted investments and follow-up services to construct a channel for investors and professional investors; provide full-category products stimulated trading to help global investors enhance from rookie to expert along with bonus rewards. Navigate updated global investment news for users 24*7; allow users to obtain the newest information of investment.

West Coast Strategy Has Business All Over the World

As the world leading, most entertaining and valuable social platform without borders, West Coast Strategy’s business has recognized by the users from Thailand, the Philippines, Vietnam, Cambodia, Malaysia, Singapore, Indonesia, Japan, South Korea, Taiwan, Hong Kong and some other countries and areas.

The successful innovation of West Coast Strategy not only takes the first step of digital asset for global users but also connect world investors without borders. Motivate the development of investment strategy and social entertainment industry; and more likely create a world leading “investment strategy + welfare entertainment” comprehensive platform.

View source version on businesswire.com: https://www.businesswire.com/news/home/20191009005626/en/

Contact
Company: West Coast Strategy
Person: Phoenix Wong
Email: westcoast@icctoro.com
Phone: +86 15526049630
Web: http://www.icctoro.com
WeChat: wsc_global
Sources: https://www.facebook.com/westcoaststrategy/posts/119396429465287?__tn__=K-R

Source : West Coast Strategy

--BERNAMA

Step first into digital asset with West Coast Strategy platform

KUALA LUMPUR, Oct 10 -- West Coast Strategy has released BTC and other mainstream digital currency daily as benefits for global users to get familiar with digital asset easily and take their first steps in digital asset field.

The company uses social entertainment as a bond, allowing users get to know worldwide investors and experts. It also provides world-leading investment strategy as a channel, gathering world famous, experienced investors and institutions for high-quality investment strategy.

It aims to fulfill the market gap in investment strategy field and integrates world-famous teams in strategy investment, social network, entertainment and blockchain, creating global comprehensive platform, united with investment strategy, social network and welfare entertainment.

West Coast Strategy allows global investors use digital assets to process full-category investment and fulfill rapid multi-appreciation of assets as well as reduce investor risk and improve the rate of return by using entrusted investments and follow-up services.

With businesses spanning worldwide, the company has been recognised by users from Thailand, the Philippines, Vietnam, Cambodia, Malaysia, Singapore, Indonesia, Japan, South Korea, Taiwan and Hong Kong, among others.

The successful innovation of West Coast Strategy not only takes the first step of digital asset for global users but also connects world investors without borders. More information at http://www.icctoro.com.

-- BERNAMA

STANDARD CHARTERED BANK SUCCESSFULLY LAUNCHES APPLICATION OF BEARINGPOINT'S TAX REPORTING SOLUTION WORLDWIDE

Standard Chartered PLC deployed BearingPoint’s tax reporting solution FiTAX to fulfill CRS, FATCA and QI reporting obligations in 63 countries globally

AMSTERDAM & FRANKFURT, Germany, Oct 9 (Bernama-BUSINESS WIRE) -- BearingPoint RegTech, a leading international provider of innovative regulatory and risk technology solutions (RegTech and RiskTech), announced that Standard Chartered Bank has successfully deployed the tax reporting solution FiTAX to fulfill its global reporting obligations. These include CRS (Common Reporting Standard), FATCA (Foreign Account Tax Compliance Act) and QI (Qualified Intermediaries) reporting.

To tackle the challenges of efficient, high-quality tax reporting across multiple countries, Standard Chartered selected BearingPoint in 2018 as provider of a single integrated reporting solution. The bank was looking for a software that is able to keep pace with the continually changing reporting requirements; as well as a partner with the consulting capabilities to support the one-time implementation project, and other ad hoc consulting needs.

“We are very satisfied with the software and support provided by the BearingPoint team. Given the short timelines set for the implementation project, and the complexity of the volume of data involved, we are confident we chose the right partner for this project,” says Tom Pryce, Head of Client Tax Information Reporting at Standard Chartered. “We look forward to continuing our relationship with BearingPoint going forward as we seek to stay on top of the evolving reporting landscape.”

The implementation project started in 2018 when CRS, FATCA and QI reporting logic, modules and templates for 63 countries were delivered to Standard Chartered Bank. A team of BearingPoint experts based in Singapore and Switzerland then supported Standard Chartered with all aspects of the implementation from architectural design decisions, through data mapping and set-up, to testing and ultimately go live.

Across the first 6 months of 2019, Standard Chartered used FiTAX (with the support of BearingPoint experts) to successfully prepare and submit QI, FATCA and CRS reports before the deadlines.

“As with all large-scale projects, the implementation phase requires our tax reporting experts to adapt to the bank’s specifications, such as type of activities, internal policies or data privacy rules,” comments Ronald Frey, member of the management board at BearingPoint RegTech. “We honed onto our expertise we gained in other similar large projects, enabling our experts to tackle these individual client demands efficiently. We are very pleased that the project ran smoothly and look forward to a long-term relationship with Standard Chartered.”

With FiTAX, financial institutions can cover their reporting needs under many tax regimes, such as CRS, FATCA, QI and DAC6. FiTAX is a sophisticated and holistic 360° tax reporting solution, and market leading in numerous countries throughout the world. From data acquisition to uploading directly an encrypted report file into the tax authorities’ portals, FiTAX covers more than 130 jurisdictions.

About Standard Chartered Bank
Standard Chartered PLC is a leading international banking group, with a presence in 60 of the world’s most dynamic markets and serving clients in a further 85. Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges as well as the Bombay and National Stock Exchanges in India.

About BearingPoint
BearingPoint is an independent management and technology consultancy with European roots and a global reach. The company operates in three business units: The first unit covers the advisory business with a clear focus on five key areas to drive growth across all regions. The second unit provides IP-driven managed services beyond SaaS and offers business critical services to its clients supporting their business success. The third unit provides the software for successful digital transformation and regulatory requirements. It is also designed to explore innovative business models with clients and partners by driving the financing and development of start-ups and leveraging ecosystems.

BearingPoint’s clients include many of the world’s leading companies and organizations. The firm has a global consulting network with more than 10,000 people and supports clients in over 75 countries, engaging with them to achieve measurable and sustainable success.

For more information, please visit:
Homepage:www.bearingpoint.com
LinkedIn: www.linkedin.com/company/bearingpoint
Twitter: @BearingPoint

About BearingPoint RegTech
BearingPoint RegTech, a business unit of management and technology consultancy BearingPoint, is a leading international provider of innovative regulatory and risk technology solutions (RegTech and RiskTech) and services along the Regulatory Value Chain for financial services.Customers representing 6,000 firms worldwide, among them large international banks, a major part of the largest European banks, leading insurance companies as well as supervisory authorities and central banks, trust BearingPoint RegTech’s products and services. BearingPoint RegTech works closely with regulators and, as a member of standardization bodies such as XBRL, actively contributes to the standard-setting process. BearingPoint RegTech combines regulatory know-how with the proven, reliable and forward-looking RegTech solution suite, expert consulting capabilities, managed services and training seminars.

For more information, please visit:
www.reg.tech

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20191009005029/en/ 

Contact

Press contact BearingPoint RegTech
Sandra Hering
Senior Manager Communications
Phone: +49 69 13022 3666
Email: sandra.hering@bearingpoint.com

Source : BearingPoint

--BERNAMA 

THE 12TH KLEFF AWARD CEREMONY: RECOGNITION TO FILMMAKERS ADVOCATING FOR ENVIRONMENT AND CLIMATE ACTION

KUALA LUMPUR, Oct 11 (Bernama) -- The 12^th International Kuala Lumpur Eco Film Festival (KLEFF) Award Ceremony is a prestigious event to celebrate the work of filmmakers and cinematographers from around the globe advocating for environmental sustainability and climate action. This year, with the theme of "Climate Action…Now!", KLEFF received a total submission of 233 environmentally-themed films from 48 countries and out of these, 86 ground-breaking films of various genres and lengths are screened throughout the festival.

MEDIA KIT LINK: https://bit.ly/2AZZtH6

The 12^th installation of KLEFF Award Ceremony were held at KL Convention Centre in conjunction with the 10^th International Greentech & Eco Products Exhibition & Conference Malaysia (IGEM). The ceremony was graced by the presence of Yang Berhormat Puan Yeo Bee Yin, Minister of the Ministry of Energy, Science, Technology, Environment and Climate Change (MESTECC), Datuk Seri Dr. Mohd Azhar bin Hj Yahaya, Secretary-General Ministry of MESTECC, Dr. Nagulendran Kangayatkarasu, Deputy Secretary General (Environment and Climate Change) of MESTECC, Tuan Syed Ahmad Bin Syed Mustafa, Acting Chief Executive Officer of Malaysian Green Technology Corporation, KLEFF notable partners, filmmakers and esteemed media.

"This year's partnership and collaboration with IGEM marks a big achievement for KLEFF and EcoKnights as it symbolises the synergy between a government and non-government entity working together towards a shared goal - to build a sustainable nation," said Dr. Yasmin Rasyid, KLEFF Founder and Honorary Advisor.

Founded and initiated by not-for-profit environment NGO EcoKnights, KLEFF is Malaysia's longest-serving platform to promote sustainable living through showcases of environmental films and creative activities such as eco workshops, SDG forums, Green Market and more.

"I believe that it is never easy to do work at NGO levels…I believe that the purpose of this [partnership] is to encourage EcoKnights to continue [its work] and I hope that from this, we can fully support [EcoKnights] in any way we can - to help you execute your work, do your initiative well because we believe that when you do well, the government can do well,” said YB Pn. Yeo Bee Yin, Minister of MESTECC during her speech.

This year, KLEFF presents two major awards, the General Awards and Special Awards. The General Awards consist of Best Short Film Award, Best Short Documentary Award, Best Feature Film/Long Documentary Award, Best Public Service Announcement (PSA) Award, and Best Animation Award. The Special Awards in turns consist of KLEFF’s Special Jury Award, ASEAN Young Filmmaker Award, Special Merit Award and lastly, MyForest Award.

YB Pn. Yeo Bee Yin was invited to give away the trophies and certificates to the winners of General Awards, including Malaysian filmmaker Sean Lin, whose "Sleepless" won the Best Short Film Award. The film highlights the unique and salient relationship between humans, animals and nature - setting forth the importance of preserving our Earth as we coexist together.
 
MyForest Award was created in collaboration with and awarded by Malaysian Nature Society (MNS).

"The inaugural MyForest Award is made possible by the five-year project by MNS to increase awareness on good forest governance. Only by increasing the knowledge and value of the forest and the wildlife sustained within it, can there be a need and urgency for biodiversity conservation," shared Ms. Stephanie Bacon, Vice President of MNS.

Turning vision into climate action, the trophies presented to the filmmakers during the ceremony were made by recycled plastic bottles and upcycled wood pallets. The bottles were collected and contributed by Kiehl’s Malaysia, KLEFF 2019 Main Sponsor via it's Recycle & Be Rewarded programme.

ABOUT THE INTERNATIONAL KUALA LUMPUR ECO FILM FESTIVAL (KLEFF)

The International KLEFF is Malaysia’s first and longest-serving platform promoting sustainable living through showcases of environment-themed films, workshops, talks, exhibitions, Green Market, local performances and other engaging activities. KLEFF features ground breaking films that kindle important dialogues, traversing the relationship between humans and their environments, challenging the way people think about the natural world and inspiring them to discuss, explore and act on important environmental issues.

Let’s take Climate Action...Now! Further information may be found at kleff.my or KLEFF social media pages @kleff_my.

ABOUT ECOKNIGHTS®

EcoKnights® is a not-for-profit environmental organisation that provides and delivers development and environmental interventions to communities, government agencies, learning institutions, and companies to mobilise and catalyse the stakeholders towards sustainable development across trans- and interdisciplinary fields to build bridges towards achieving sustainable communities and companies across five main pillars.

The pillars are CSR and Partnership, Public Outreach, Community Development & Education (CDE), Rehabilitation, Restoration and Conservation (RRC) as well as Youth Development & Volunteerism (YDV), supported by Sustainability Communications. Each pillar helps to strengthen the legacy of EcoKnights as it empowers the Knights to ideate, create, run and organise meaningful projects to impart long-lasting sustainable and economic impact to the country.

Source: EcoKnights

CoreAVI, Arm develop safety critical graphics processing solutions

KUALA LUMPUR, Oct 9 -- Core Avionics & Industrial Inc (CoreAVI) has announced a technology partnership with Arm to work on solutions for safety critical graphics processing for next-generation automotive systems.

This partnership will simplify and lower the risks of achieving the most stringent levels of safety certification by automotive system manufacturers.

CoreAVI, a pioneer in the military and aerospace sector solutions provider, is uniquely positioned to bring lessons learned from aerospace digital cockpit safety use cases to the automotive safety market.

This will enable manufacturers and suppliers to efficiently deploy safety critical cockpit applications such as digital clusters, head-up displays, augmented vision systems, digital mirrors and advanced driver-assistance systems.

“We share Arm’s vision that both the automotive and avionics markets will benefit from ensuring safety certification as a leading criterion in design,” said CoreAVI chief executive officer, Damian Fozard.

“We believe that our partnership with Arm will enable integrated platforms that are easy to deploy, have avionics level safety designed-in and are ideal for the rapidly expanding range of safety critical applications beyond avionics.

More details at www.coreavi.com

-- BERNAMA

5G services to generate US$212 billion APAC economic expansion by 2034 - report

KUALA LUMPUR, Oct 8 -- Innovative 5G services will generate US$212 billion in APAC economic expansion by 2034, according to a report released by the GSMA. (US$1 = RM4.19)

This huge opportunity for the region’s digital economy depends on the availability of necessary radio frequencies including those known as ‘millimetre wave’ frequencies that will deliver ultra-high capacity and ultra-high-speed services.

5G mmWave spectrum will be identified at an international treaty conference, World Radiocommunication Conference 2019 (WRC-19), which will take place in Egypt from Oct 28 to Nov 22.

“WRC-19 is the only opportunity for years to come for countries across Asia-Pacific to identify mmWave spectrum for 5G use, enabling the delivery of new services over the next decade,” said GSMA Asia Pacific head, Julian Gorman.

mmWave 5G is expected to improve Asia Pacific connectivity as it can provide fibre-like speeds without the high deployment costs of fixed infrastructure, enabling urban populations to connect to data-intensive 5G applications in smarter city environments.

The GSMA report, ‘Study on Socio-Economic Benefits of 5G Services Provided in mmWave Bands’ raises serious concerns that, without adequate support at WRC-19, the deployment of these 5G services may be delayed for up to a decade.

The GSMA represents the interests of mobile operators worldwide, uniting more than 750 operators and nearly 400 companies in the broader mobile ecosystem. More information at https://www.gsma.com.

-- BERNAMA