Author: Marie Jones

PT Garuda Indonesia (Persero) Tbk held an Extraordinary General Meeting of Shareholders (EGMS) on Wednesday, January 22 at Management Hall, Garuda City Center, Tangerang. EGMS 2020 officially appointed Irfan Setiaputra as new CEO, replacing I Gusti Ngurah Askhara Danadiputra, who had served as CEO since September 2018. This strengthened the Board of Commissioners’ decision of 9th December 2019, which temporarily dismissed the CEO and a number of directors. The EGMS officially discharged the following Directors: 1. CEO: I Gusti Ngurah Askhara Danadiputra 2. Director of Human Capital: Heri Akhyar 3. Director of Engineering & Services: Iwan Joeniarto 4. Director of…

Nissin Foods Company Limited (“Nissin Foods” or the “Company”; together with its subsidiaries, the “Group”, Stock code: 1475) has today announced that the Group and Ms. LIU Feng have signed a shareholders’ and cooperation agreement (the “Shareholders Agreement”) to form a joint venture company (the “JV”). Mr. Kiyotaka ANDO, Executive Director, Chairman and Chief Executive Officer of Nissin Foods, said, “Formation of the JV is the Group’s latest initiative to diversify products and expand distribution channels in the PRC, and in the long run open new revenue streams for the Group. It will give us a stronger foothold in Shanghai,…

Rainmaker Worldwide Inc. (OTC Pink: RAKR) announces the appointment of Webbs Hill Partners, with Managing Partner former GE Chief Investment Officer Aris Kekedjian, as Strategic Advisor effective January 22, 2020. Mr. Kekedjian’s expertise spans 30 years with General Electric Company where he most recently served as Chief Investment Officer. He has extensive experience building and operating international platforms across Europe and the Middle East and has executed M&A transactions with a combined value of over $300B. These include the $30B merger between GE Oil & Gas and Baker Hughes, one of the most comprehensive restructurings in the financial services industry.…

On the evening of 18th January, Jaap’s Beethoven 1, a finale concert jointly performed by the Hong Kong Philharmonic Orchestra and world-renowned pianist Lang Lang and sponsored by Maggie and Rose Limited (Maggie & Rose The Family Members Club – hereinafter referred to as “Maggie & Rose”) – indirectly controlled by China New City Commercial Development Limited (“China New City” or the “Company”; Stock Code: 1321.HK), took place at the Hong Kong Cultural Centre’s Concert Hall. The sponsorship by Maggie & Rose, which advocates the education philosophy of…

Invest Hong Kong (InvestHK), a department of the Hong Kong Special Administrative Region Government, today (January 21) announced that the department had assisted 487 overseas and Mainland companies to set up or expand in Hong Kong in 2019. This number represents an all-time high and a year-on-year increase of 11.7 per cent, with the number of fintech companies and start-ups seeing the strongest growth. The total number of jobs thereby created (6,009) rose by 14.1 per cent over the previous year’s figure. More than 27 per cent of the assisted companies indicated that Hong Kong’s status as an international hub…

Suprema Inc., a leading global provider of biometrics and security solutions, unveiled its latest facial recognition solution at INTERSEC 2020, the largest security exhibition in the Middle East, held in Dubai from January 19 to 21. At the show, Suprema showcased its latest mobile credential solution, facial recognition technology and enterprise access control solutions. In particular, the company announced the new FaceStation, which will be released this year, and successfully introduces significant improvements over existing face recognition products. The company expects to see high growth in the facial recognition market, as it receives inquiries from various customers before its launch…

After globally launching the new Azelis tagline ‘Innovation through formulation’ and corporate video in July 2019, Azelis Asia Pacific now unveils its own video, which describes the forces behind the strong growth Azelis has experienced in the region over recent years. The newly released video is also a reinforcement of the company’s continuous investment in formulation and application expertise. Highlights & rationale – Azelis launches its regional video for Asia Pacific, elaborating on growth drivers and strengths it has to offer to the territory. – The new video is a testimony to Azelis’ strategy to be an innovation service provider…

JCB International, Co., Ltd., the international operations subsidiary of JCB Co., Ltd., and Nordic-based payment service provider Nets Group, today announce the wider enablement of JCB payment acceptance by Nets merchants in Finland. This latest strategic expansion initially enables over 18,000 businesses across Finland to accept JCB payments through the Nets Merchant Services platform. This will provide JCB’s growing Russian and Japanese cardmember base with the opportunity to shop with ease and peace of mind whilst they visit the country. JCB and Nets Merchant Services will continue, during 2020, to enable well known consumer brands in Finland to further increase…

“Interoperability is the future,” says Ethereum’s founder, Vitalik Buterin. When it comes to interoperability, Cosmos and Polkadot look to dominate the market. However, no further than Singapore, a project called Bityuan is upping the competition in terms of interoperability. All three achieve the same end goal of interoperability, but each has a different approach. Cosmos focuses on speed and decentralization while Polkadot focuses on security. Although articles have been written on Cosmos and Polkadot, Bityuan wants to focus on the rest, and the long-term potential of blockchain. Bityuan has found a balance; it is quick, developer-friendly and secure. Accordingly, the…

Site blocking is effective, but is it enough to deter organised crime groups operating these sites? The Indonesia based IndoXXI group, which controls a large number of illegal piracy websites and applications, has “claimed” that it had officially closed its operations as of January 1st. The Minister of Communications and Information (KOMINFO), Mr. Johnny Plate, continues to be vocal in the media, encouraging both consumers and piracy site operators to do the right thing, commenting, “[IndoXXI] took the initiative not to show pirated content. That’s a good initiative.” However, since this announced closure, many other piracy sites, including some obvious…

Explus has unveiled the Condition Option, its third innovative option trading product and a new milestone in its product development. Explus (www.explus.com) is a blockchain derivatives trading platform operated by Explus Broker International Ltd., which focuses on benchmark pricing of digital currencies such as bitcoin, Shanghai Stock Index, Hang Seng Index, Nasdaq, and others for ultra-swing traders. With option innovation as the goal, it has successively launched trading products such as the Trend Option, Boundary Option and Condition Option. Since the release of its first product in August 2019, Explus has developed a number of innovative financial derivatives trading products.…

SINGAPORE, Jan 20, 2020 – (ACN Newswire) – Covering innovation, digital, drug development and pharma we welcome leading lights from Pfizer, Bayer, Aslan Pharmaceuticals, Experimental Drug Development Centre and Recursion Pharmaceuticals as the Keynote Speakers at Phar-East 2020. Phar-East 2020 will be held in Singapore on March 31-April 1 at Resorts World Convention Centre. To hear from these thought-leaders presenting on the keynote stage then join over 1000 industry experts at Asia’s Pharma & Biotech Festival, get your tickets today. To book your conference pass, visit: https://bit.ly/2FYEK9f

ITES 2020 (Shenzhen International Industrial Manufacturing Technology Exhibition) will be held in Shenzhen, China’s innovation center & manufacturing hub, from March 30th to April 2nd, 2020. Since its establishment in 2000, ITES has developed into an international exhibition, authorized by UFI and certified by BPA. This year’s exhibition will cover 12 halls (240,000 sq.m) at the Shenzhen World Exhibition & Convention Center (Shenzhen World), and will focus on digital, intelligent, personalized and innovative technologies and solutions for different industries. A manufacturing exhibition born in Shenzhen, ITES has been pivotal in the transformation from ‘Made in China’ to ‘Created in China’.…

THAILAND, Jan 20, 2020 – (ACN Newswire) – Supporting the sustainable development of the nation’s transport infrastructure is a key focus of Thailand’s Ministry of Transport. In line with the Thailand 4.0 vision, the 20-year National Transport Infrastructure Investment Plan 2017-2036 is geared towards achieving transport efficiency and creating green, safe, inclusive and innovative transport. By harnessing the power of digital technologies, and building out and renewing transport networks and systems, the government is making an unprecedented acceleration in making Thailand a hub for connectivity. To drive greater public infrastructure investment and increase investor confidence, the government has also rolled out its Transport Infrastructure…

EXX Africa publishes a special report on Angola shadow state executives who imperil the country’s privatisation process. Using a high-profile anti-corruption campaign as a distraction, the Angolan political and business elite is once again deeply entrenched in embezzling funds from Sonangol contracted services. Ongoing trials and investigations in Angola display a lack of judicial due process and government bias in politically motivated targeted prosecutions, as well as public tarnishing of senior judges and prosecutors. This pattern bodes ominously for the IMF-backed privatisation agenda in which the ruling elite will seek lucrative stakes in state assets through opaque financing structures. The…

Hong Kong based digital identity verification solution Blockpass has been featured in “New Tech: Decentralized Digital Identity (DDID)”, the latest research report released by Forrester. First established in 2017, Blockpass has emerged as a leading provider of decentralized digital identity verification solutions, offering KYC-as-a-Service to a global market. Its flagship KYC Connect product offers a comprehensive digital identity verification solution for any industry, including gaming, fintech, financial services, crypto wallets and exchanges, and blockchain Dapps. In September 2018 Blockpass launched the Blockpass Identity Lab (BIL) in partnership with Edinburgh Napier University with a focus on developing a true solution to…

Tonghai Financial is pleased to announce that China Tonghai Capital was presented with the Best Privatization at the The Asset Triple A Country Awards 2019 Dinner in recognition of its extraordinary achievements in financial services. China Tonghai Capital was identified for the honor in a rigorous and extensive benchmarking process, it shows the Company is well appreciated by the industry and the capital market. Benny Chung, Chief Executive Officer of corporate finance was invited to receive the honour at the award ceremony, says “The awards honour Tonghai with significant recognition and encouragement. In pursuit of continuous excellence, China Tonghai Capital…

Tonghai Financial is pleased to announce that China Tonghai Capital was presented with the Best Privatization at the The Asset Triple A Country Awards 2019 Dinner in recognition of its extraordinary achievements in financial services. China Tonghai Capital was identified for the honor in a rigorous and extensive benchmarking process, it shows the Company is well appreciated by the industry and the capital market. Benny Chung, Chief Executive Officer of corporate finance was invited to receive the honour at the award ceremony, says “The awards honour Tonghai with significant recognition and encouragement. In pursuit of continuous excellence, China Tonghai Capital…

Asia’s first fully compliant crypto hedge fund, Circle Fund, is poised to capitalize on renewed strength in the global cryptocurrency markets. Circle employs a unique hybrid approach, day-trading the public crypto markets based on a multi-factor strategy and investing into earlier-stage projects based on a venture strategy. With an international team of experienced industry professionals, the firm provides investors a one-stop shop for exposure to the entire market class. 2020 is only a few weeks old, yet the clear change in market sentiment manifests as similar to the first quarter of 2017. During that time, many crypto funds took advantage…

BitDeer.com, the world’s leading computing power sharing platform, is launching its annual Lunar Giveaway Event. From Jan 17, 12:00 – Feb 1, 00:00 (UTC+8), $10 Million Red Envelopes and Free Computing Power Plans become available for BitDeer’s loyal user-base just before the Chinese Lunar New Year celebrations. During the Christmas holidays, BitDeer.com introduced a plethora of mining plans, including 180-day, 270-day, and 360-day durations of BitDeer’s S17 Pro, S17, T17, and T15. The cost-effective plans for the 360-day cycles for T17, S17, and S17 Pro had equivalent computing power prices of 67.62%, 74.99%, and 66.48% of the price of mining…