The 2019 World Conference on VR Industry (WCVRI 2019), co-hosted by the Ministry of Industry and Information Technology (MIIT) and Jiangxi Provincial People’s Government, is being held in Nanchang, Jiangxi Province, from October 19th to 21st. WCVRI 2019 is seizing the opportunity at this initial stage of 5G commercialization to launch discussions on how VR (virtual reality) will support more extensive application scenarios and be empowered by more stable technologies with a theme of “VR Adorns the World – VR + 5G for A New Era of Perception”. The Conference has attracted experts, scholars and company leaders from over 30…
Author: Marie Jones
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Alaya Consulting announced the winners of the Hong Kong ESG Reporting Awards (HERA) 2019. The annual awards recognise excellence in ESG reporting and aim to build trust among stakeholders. This year, HERA acknowledged ESG reports in 6 categories. The award winners were selected from more than 70 nominations, resulting in a donation of HKD40,000 to Greeners Action, a Hong Kong registered charity organisation that has been advocating environmental protection for 26 years. Tony Wong, founder of Alaya Consulting, the organiser of HERA, said: “We are thrilled to celebrate the winners of the HERA 2019. They are trailblazing leaders of the…
Holista CollTech Ltd (ASX:HCT, “Holista”) and SunFresh Fruit Hub Sdn Bhd (“Fruit Hub”) announced today a research and development collaboration to produce three key healthy ingredients for the global Bubble Tea industry, a popular global drink fad that has raised serious concerns about its effect on diabetes and obesity. Holista, a food ingredients specialist listed in Australia, and Fruit Hub, which processes and packages fruit juices and beverage ingredients, said that while the Bubble Tea sector is growing rapidly, many consumers are not aware of the consequences to personal health. A typical 500 ml Bubble Tea drink contains at least…
After announcing a multi-year partnership with Manchester United in September 2019, VisitMalta is attending ITB Asia from 16th to 18th Oct 2019 in Singapore for the first time — as the Official Destination Partner of Manchester United Football Club. The Deputy CEO & CMO of Malta Tourism Authority, Mr. Carlo Micallef, together with Heritage Malta, Conventions Malta, and Maltese Travetrade enterprises, will promote the Maltese Islands during ITB Asia, encouraging more Asian tourists to travel to the exquisite country. Partnership with Manchester United Located in the middle of the Mediterranean sea, Malta measures 316 km2, and is known as the…
Hosted by CoinEx Chain Foundation, the “CoinEx Chain Global Nodes Election Launch Conference” was successfully held in Shenzhen today (Oct 16), marking the official launch of CoinEx Chain’s nodes election. More than 500 blockchain practitioners, including investors, KOLs, technical and financial experts, top institutions and media attended the conference to witness this important milestone for CoinEx Chain. During the conference, Eddie Jiang, CMO of CoinEx, introduced the detailed rules for becoming one of CoinEx Chain’s 42 nodes and the related rewards. The profits of nodes are mainly from block production rewards and transaction fees. CoinEx Foundation will offer 350 million…
Emolize Co., Ltd (“Emolize”), a Korean cross-border mobile payment platform, announced its expansion in global payment services through its mobile application named “Payvil” to Hong Kong and Thailand in September 2019, with further expansion reaching about 16 countries by the end of 2019. Payvil users can top-up their preferred amount into their e-wallets while travelling abroad, and obtain a bar-code or QR-code for conducting payments directly to the overseas merchants. “By launching our global payment services in Hong Kong and Thailand in September 2019, we also plan to expand our services to about 16 countries, including but not limited to,…
This World Food Day, CropLife Asia proudly joins the Food and Agriculture Organization of the United Nations (FAO) in the call to make healthy and sustainable diets accessible and affordable to everyone – and heralds the innovations of plant science technologies as a key component in realizing this pursuit. The latest State of Food Security and Nutrition in the World (SOFI) Report by the FAO reveals that while more than 820 million people around the world suffer from hunger, over 670 million adults and 120 million boys and girls between the ages of 5-19 are obese. Children under five years…
High-quality land bank and prudent financial policy are highly recognized Fitch Rating has upgraded the Long-Term Foreign-Currency Issuer Default Ratings (IDR) of Hong Yang Group Company Limited and subsidiary Redsun Properties Group Limited, a leading integrated property developer in China, (“Redsun Properties” or “Group”; stock code: 1996) to “B+” from “B” with stable outlook. Fitch has also upgraded the senior unsecured ratings of both companies to “B+” from “B”. Fitch mentions that the upgrade reflects the group’s expanded contracted-sales scale, supported by its high-quality land bank and prudent financial policy, which has kept its leverage below 50%, a healthy level…
JCB Co., Ltd., a major global payment brand and a leading payment card issuer and acquirer in Japan, has started discussing a new cardless cash advance service in collaboration with SOCASH PTE.LTD., the Singapore headquartered Fintech start-up. The planned service adds convenience to Japanese tourists visiting popular locations in Southeast Asian countries. – How does the SOCASH platform work? SOCASH converts retailers into a network of ‘virtual ATMs’. The goal is to enable safe and convenient access to cash without the need for an ATM visit. Using the app consumers can withdraw money from their accounts anytime at the cash…
JCB card users from Japan will be able to use SOCASH app for convenient cash access across the ASEAN region as a safer and cost-effective alternative to moneychangers SOCASH, a Singapore-based fintech startup, today announced its’ foray into the foreign exchange market with plans of a global partnership with JCB Co., Ltd., the international payment brand and dominant card issuer and acquirer in Japan. This collaboration is an initiative to offer cardless cash withdrawal services at highly competitive FX rates, eliminating chances of extreme withdrawal fees at ATMs. The planned service will add convenience and safety for Japanese tourists visiting…
GBP2.0 million investment in UK residential fund focusing on the growing Private Rented Sector 50 Lorong 21 Geylang site sold for S$13.5 million; expected to be recognised in 2Q2020 Healthy balance sheet with S$51.8 million of cash and cash equivalents and low net gearing of 0.2 times Diversified property developer, SLB Development Ltd. (“SLB”, and together with its subsidiaries, the “Group”), reported net profit attributable to the owners of the Company of S$1.9 million on the back of S$7.7 million in revenue for the first financial quarter ended 31 August 2019 (“1Q2020”). Following shareholders’ approval at an extraordinary general meeting…
The Director-General of Investment Promotion of the Hong Kong Special Administrative Region, Mr Stephen Phillips, today (October 14, Sao Paulo time) started his duty visit to Sao Paulo and Brasilia in Brazil, Santiago in Chile and Lima in Peru as part of Invest Hong Kong (InvestHK)’s latest efforts to promote Hong Kong’s business attractions. During the visit, Mr Phillips will meet with leaders from various sectors including fintech, financial services, consumer products, food and beverage trading and manufacturing, transport and industrial. He will also meet with local chambers of commerce, trade and investment promotion agencies and government officials as well…
Twenty-four ASEAN-registered companies were honoured for their best-in-class investor engagement at the inaugural 2019 All-Asia Most Honored Companies Awards co-hosted by Institutional Investor (“II”) and Investor Relations Professionals Association (Singapore) (“IRPAS”) at an award ceremony supported by the Singapore Exchange and sponsored by Orient Capital. Every year, Institutional Investor asks buy-side analysts, money managers and sell-side researchers at securities firms and financial institutions that cover the region to name companies they cover and rate their chief executive officers, chief financial officers, and investor relations. All votes are assigned a rating (five, four, three, two, and one). Companies’ IR programs are…
4,300 exhibitors showcase tech trends, symposium focuses on 5G The 39th HKTDC Hong Kong Electronics Fair (Autumn Edition), organised by the Hong Kong Trade Development Council (HKTDC), and the 23rd electronicAsia, jointly organised by the HKTDC and MMI Asia Pte Ltd, opened today at the Hong Kong Convention and Exhibition Centre (HKCEC) and continue until 16 October. “In the face of global economic challenges, companies around the world are becoming more eager to promote and source innovative products to maintain their competitiveness,” said HKTDC Deputy Executive Director Benjamin Chau. “As the world’s largest electronics marketplace, the Autumn Electronics Fair and…
Dr Cheney Mao, chairman and CEO of Viva Biotech, shares the extremely unique business model of the company, which started as a highly specialized CRO in 2008, before launching a new ‘equity-for-service’ model in 2016 that focused on incubating biotech start-ups from their inception to IND stage. He highlights their successful investment track record so far, their ambitions to become a global biotech incubator, and three of their most promising biotech investments. “Our vision is really quite unique because we are mentoring and supporting these companies from the very beginning of their journey, when they are in desperate need of…
On October 10, RRMine attended WDMS 2019 (World Digital Mining Summit) hosted by BITMAIN, in Frankfurt, Germany. RRMine is a global cloud computing power asset management and trading platform that provides users with BTC cloud computing power mining services. Global CEO Tsou Yung Cheng delivered the keynote at the summit, explaining how RRMine has managed the market risk of Bitcoin mining for users through three years of operation, realizing the platform mission that “Everyone can easily own Bitcoin”. 1. Reducing user risk is the most important value of the cloud hash power platform RRMine has been driven by user value, and…
On October 11th 2019, Fitch Ratings affirmed China State Construction Engineering Corporation Ltd.’s (CSCE) Long-Term Issuer Default Rating (IDR) and senior unsecured rating ‘A’ and Stable Outlook. Earlier in July, Moody’s Investor Service (Moody’s) announced A2 for China State Construction’s Long Term Rating with Stable Outlook. And S&P Global Ratings (S&P) rated A for China State Construction’s Credit Rating as well as Stable Outlook. The Company won Stable Outlook from all three rating agencies. Moody’s recognized China State Construction’s leadership position in housing construction and real estate development area. S&P pointed out that China State Construction benefited from stable profit…
IOD-1 GEMS satellite captures internal imagery of violent storm forecast to make landfall in Japan Orbital Micro Systems (OMS), a leader in advanced instrumentation for small satellite missions, and analysis-ready earth data intelligence, has released images of Typhoon Hagibis from its IOD-1 GEMS satellite. Typhoon Hagibis has strengthened dramatically in recent days, representing the greatest intensification of a Western Pacific storm since Typhoon Yates in 1996. OMS captured this observation of the storm October 8, 2019 at 12:36 a.m. UTC, shortly after the typhoon intensified from a 60-mph tropical storm to a 150-mph super typhoon in 18 hours. The data…
It is reported that after COSCO SHIPPING Tanker (Dalian) Co., Ltd. (“Dalian Tanker”) being added to the Specially Designated Nationals (“SDNs”) List by the Department of the Treasury’s Office of Foreign Assets Control (“OFAC”), a total of 14 Dalian ships (including 9 VLCCs) stopped sending location data from their automatic identification system (AIS). However, the relevant personnel of COSCO SHIPPING Energy Transportation Co., Ltd. (COSCO SHIPPING Energy), the parent company of Dalian Tanker, states that the ships of Dalian Tanker have never shut off AIS, all signal transmission remain normal, and the ship operation data is public, which is available…
DaFa Properties Group Limited (“DaFa Properties” or the “Company”, together with its subsidiaries, the “Group”; stock code: 6111.HK) is pleased to announce its first anniversary of listing on the Main Board of the Hong Kong Stock Exchange since 11th October 2018. Reviewing the year after listing, the Company had a lengthy parade of highlights in its business results, which included the marked enhancements and increases of its operational capabilities and various profit indicators, and its widening recognition in the international capital markets. In the year, with its united efforts, the Company successfully delivered commendable business results in celebration of its…