Author: Business News Asia

BusinessNewsAsia.com's Editorial team is composed of experienced professional journalist and financial professionals who have an average of 10 years of experience in financial and breaking news reportage.

On March 28, FMC 2021- Unique International Music competition and Awards has opened online registration for the regular and popular competition categories “Instrumental Music”, “Theatre Music” and for an exclusive new category “Compose Music for a Video Game”. 1. Instrumental Music Competition The competition is for Composers, Soloists, Instrumentalists, Chamber Groups (of any kind) Ensembles and Orchestras. The competition is unrestricted, and musicians and players who play a classical instrument such as brass (trumpet, trombone and baritone), piano, classical guitar, cello, clarinet, double bass, flute, violin or viola or any special cultural instrument may enter the competition. Only original music…

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SCCG Management and Shank Marketing are pleased to announce a strategic partnership to create a bridge between land-based casino marketing strategies and sports betting, online gambling, and social casino products available in the SCCG Management suite of services. Stephen Crystal, Founder of SCCG Management, said, “We are committed to working with category leaders that create powerful synergies for our client partners. Shank Marketing will work with our affiliate marketing partners, SEO digital marketing providers and clients to ensure successful product launches and marketing strategies. The mutually beneficial partnership will provide a much-needed bridge between online and offline marketing initiatives. Shank…

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Olympus Corporation (“Olympus” – Director, Representative Executive Officer, President and CEO: Yasuo Takeuchi) announced today the opening of a new facility in Westborough, MA, to serve as the global headquarters for its Therapeutic Solutions Division (TSD) and its medical business in the United States Olympus has identified TSD as a strategic focus for growth and shifted its global head of TSD from Tokyo to the U.S. to have better access to a key medical industry cluster and generate growth through stronger business opportunities. Since the Transform Olympus initiatives were unveiled in 2019, many U.S.-based executives have been leading TSD growth;…

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In an age of unprecedented possibilities, World Cloud Show – KSA attracted prominent voices in the cloud space. Some of the top speakers who attended the event that took place on 29 March 2021 included, Fahad A. Alhamed, Chairman of the board, Saudi Cloud Computing Association; Khalid Alohali, Emerging Technology and Innovation leader, Oracle; Badar Khan, Director of Digital Mobility, NEOM and Salem Mohammed Baras, Director, Cloud and Digital Platforms, Solutions by STC; A Karthik, Chief Evangelist, ManageEngine to name a few. World Cloud Show – KSA covered key topics such as Cloud Computing and Digital Transformation in the New…

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Avantor Inc. (NYSE: AVTR), a leading global provider of mission-critical products and services to customers in the life sciences, advanced technologies and applied materials industries, was named Best Bioprocessing Supplier in Single-Use Manufacturing at the Asia-Pacific Bioprocessing Excellence Awards 2021 held recently. The award recognizes Avantor’s contributions in facilitating biomanufacturing excellence with enhanced speed, reduced cost and superior quality, and reaffirms its critical role in biomanufacturing of biologics. Avantor was also awarded Best Company in Bioprocessing Excellence for Single-use Solutions at Biologics Manufacturing Korea 2020. Narayana Rao Rapolu, Vice President, Biopharma Asia Middle East & Africa for the Company said,…

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Digital Week: Northeast Asia is bringing together 2,500+ Cloud and IT professionals and 50+ renowned international speakers for a three-day event covering the region’s most exciting technological developments. From 20-22 April 2021, you can join this virtual conference for live Q-and-A sessions, expert panel discussions, and live product demonstrations. Hear insights from regional tech giants including IBM, Rakuten, Cloud Security Alliance, Coupang, HSBC, AWS, Microsoft, and many more! Each day will highlight a specific market: Korea, Japan, Mainland China, Hong Kong, and Taiwan, offering a chance for local players to share their experiences and predictions for the future of their…

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Ever since the private sale, XFai has continued to gain in momentum and considerable interest from not only those who wish to use XFai’s technology to further strengthen their business interests but also from key players and luminaries within the blockchain industry. Today, the team at XFai is happy to announce that Roger Ver, one of the key early believers of Bitcoin and blockchain technology and the CEO of Bitcoin.com, has partnered with XFai through a strategic investment. While both XFai’s launch method and the DEX Liquidity Oracle are far from the norm, we are glad to witness a wave…

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Decentralized finance (Defi) has seen extreme demand and innovative use-cases during the last 12 months. Defi oracles, decentralized exchange (Dex) platforms and automated money makers (AMM) have swelled in value, as statistics show over $43 billion is locked into Defi protocols today. Meanwhile, a new project has recently stepped out of the gate called XFai, a Dex liquidity oracle that aims to capture untapped liquidity from small to medium cap tokens. On April 8, 2021, XFai plans to host a Liquidity Generation Event (LGE), and this week it was announced that Bitcoin.com’s founder and angel investor Roger Ver has invested…

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PT WIJAYA KARYA (Persero) Tbk. [WIKA] booked a net profit of Rp322.34 billion on the back of Rp16.54 trillion in sales in the financial year ended on 31 December 2020. The achievements marked WIKA’s success to exceed its revised targets due to the COVID-19 Pandemic by 54.81%. The largest contributor to sales was the infrastructure and building sector, followed consecutively by manufacturing industry, energy and industrial plants, and property sector. Despite the COVID-19 Pandemic, the Company’s financial position remains healthy, as reflected by the positive cash flows provided by operating activities amounting to Rp141.28 billion. WIKA’s President Director, Agung Budi…

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Today, Moonstake is proud to announce the entry into the DeFi market together with Muse.Finance. The Staking and DeFi Boom in 2020, Top Staking Provider Moonstake Joins The DeFi Space In January, 2021, Moonstake officially announced its entry to the DeFi sector. Today, with over 800 million USD in total staking assets, Moonstake is the top 8 biggest staking provider in the world. In less than one year since launch, Moonstake achieved rapid growth in both product development and a strong positioning in the market. Moving towards the DeFi sector, Moonstake welcomes applications from DeFi products looking to connect to…

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One of Motul’s longest-standing and most valued OEM partners is Honda, and the two companies have developed and enjoyed over many decades a dedicated technical collaboration and proud support of Honda’s HRC factory racing teams in many different motorsport arenas. At the start of 2020 Honda returned to the Motul FIM World Superbike Championship (WorldSBK) as a full factory squad. Now, for the 2021 season, Team HRC and its two riders, Alvaro Bautista and Leon Haslam, will benefit further from Motul’s support as Official Lubricant Partner. Having made great steps forward with every race in 2020, there is only one…

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On March 28, FMC 2021, the unique international music competition and awards and one of the largest competitions of its kind in Europe now expanding into Asia, has opened online registration. Composers have another opportunity to showcase their talent in an internationally competitive environment. An exclusive jury, composed of professional composers working for Hollywood, Netflix and national televisions, will award the best composers, musicians and filmmakers. The prizes for this year’s winners are values at a total of over EUR 58,000. Along with the opening of the competition, FMC 2021’s official video trailer was also un-veiled: https://youtu.be/x4F-IgfQjJg The main part…

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What is the trend of the Internet industry in 2021? Chances are it’s an open social platform. Elon Musk, the founder of Tesla, made Clubhouse popular around the world. Is Clubhouse the ultimate answer to an open social platform? It’s hard to say at the moment, but the era of open socialization has arrived. Youth tend to move with anything new. So although Facebook has an absolute advantage in the global social field, Snapchat and Twitter still have room for development. With the continuous development of the Internet, a new generation of young users has a higher acceptance of video…

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AU21, one of the most reputable venture capital firms in the world focusing on blockchain and digital assets, has decided to partner with XFai through a strategic investment. The partnership comes at an important time, as XFai’s proposed changes in the DeFi space are quickly gaining momentum as the project’s public token sale — referred to as Liquidity Generation Event (LGE) — is quickly approaching. AU21 is proud to be bound to XFai by providing its support and access to its network for XFai to reach a wider audience within the DeFi space and help revolutionize the industry. XFai is…

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In an age of unprecedented possibilities, World Cyber Security Summit – Oman attracted prominent voices in the cyber security space. Some of the top speakers who attended the event that took place on 24 March 2021 included, His Excellency Eng Redha Bin Juma Al Saleh, Chairman, Oman Chamber of Commerce and Industry; Ali Hassan Moosa, CEO, Oman Banks Association; Maqbool Hm Yousuf Al Lawati – Chairman, Board Member, CFO, FCCA Stellar Consultancy LLC, Stellar Process Solutions, MHMY Auditors; Laila Abdullah Al Hadhrami – Digital Transformation & Change Management Expert – Ministry of Transport, Communications, and Information Technology, Oman, Director -…

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Having hosted multiple high-level conferences across the globe, World Cloud Show (WCS) has established itself as one of the world’s biggest and elite cloud show series. While it has proven itself as the quintessential cloud event, World Cloud Show has had the reputation of getting global experts, investors, and cloud entrepreneurs all under one roof consistently, edition after edition. Taking place on 29 March 2020, and endorsed by Saudi Cloud Computing Association, World Cloud Show – KSA is powered by Oracle. With Darktrace as the lead sponsor, the show will feature keynotes from thought-leaders and industry experts, private networking sessions,…

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The 2020 MotoGP World Championship season was an incredible year, which saw Team Suzuki and Motul claim a clean sweep across the Drivers and Teams Titles. The famed Japanese manufacturer will continue with riders Alex Rins and Joan Mir, a line up that remains unchanged since 2019, with a clear aim of repeating the championship successes in 2021. Motul will continue as the Official Lubricant Partner of the Suzuki factory team, extending the close working relationship between the two brands that have delivered success at the top flight of motorcycle racing for the past 32 years. This partnership has pinned…

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Following a year of unprecedented disruption, business technology adoption has rapidly accelerated across Asia. Cloud technologies have gone from nice to have to must have and companies are discovering the power of mixing and matching solutions to meet their ever-changing business needs. In this process, finance leaders play a much more critical role than before. The newly launched CFO & Treasury Summit Asia 2021 is the first event to kick off The Accounting & Finance Show Asia 2021 series and will bring together the finance leaders and corporate treasurers from medium and large enterprises across Asia. Broadcasting more than 14…

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Ubitquity LLC, the leading enterprise blockchain-secured platform for real estate and title recordkeeping, is pleased to announce that it has officially joined the Government Blockchain Association. With a diversified product suite that includes solutions for the aviation, title abstracting, and escrow industries, Ubitquity will be offering their technology and services to both government and private enterprise. Could this be the link that brings real estate and title recordkeeping on a blockchain to the government? “The Government Blockchain Association (GBA) is a US-based non-profit, membership organization that consists of individuals and organizations that are interested in promoting blockchain related solutions to…

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Stephen Crystal, SCCG Founder, announced today that the company had joined forces with Nevatronix, a 25-year gaming product and turn-key electronics solutions provider, to bring a transformational and cutting edge sports betting device to the gaming industry. Said Crystal, “We see this technology as a game-changing sports betting product that includes next-level fintech capabilities. This solution will not only change the landscape of what sports-wagering hardware suppliers offer today, but it will create an amazing opportunity never before showcased for our clients and partners.” Nevatronix has been involved early on in the sports betting world with names such as William…

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