Author: Marie Jones

HK DECOMAN Technology Limited (DECOMAN) is now expanding its footprint in Korea to capture the opportunities of growing demand for its services. With the Taiwan expansion begun in January, this is the second APAC market DECOMAN entered in 2022. Recognized by Korean Government’s Accelerator Program Out of 2,653 companies applying from 122 countries, DECOMAN is among the top 54 startups this year selected by K-Startup Grand Challenge (“KSGC”), a global startup accelerator program organized and financed by the Korean government, to enhance the local entrepreneurship ecosystem. As a KSGC participant, DECOMAN team has been utilizing the facilities and coworking spaces…

Society Pass Incorporated (Nasdaq: SOPA) (SoPa), Southeast Asia’s (SEA) leading data-driven loyalty and e-commerce ecosystem, today announced that Founder, Chairman and Chief Executive Officer, Dennis Nguyen will speak at the Wild Digital Southeast Asia 2022 Conference at 11:30 AM (GMT +8) on Wednesday, 07 September 2022 at Le Meridien Kuala Lumpur, Malaysia. He will participate in the panel discussion titled The New Roll-Up Play: Evolution of Ecommerce Aggregators in SEA. Bringing together some of the eCommerce roll-up industry’s most influential thought leaders for the panel discussion, Mr Nguyen along with the other speakers will explore the core trends and technologies…

The Digital Economy Ministers Meeting (DEMM) was held in Nusa Dua, Bali, Thursday (September 1, 2022). It was the culmination of the Digital Economy Working Group (DEWG) meetings, as one of working group of the G20 that focuses on issues related to the digital economy and highlights the role of digital transformation on economic and social growth. The DEWG itself discussed three priority issues of the digital economy at the G20 Indonesia Presidency, including digital connectivity, digital skills and literacy, and cross-country data flow. The Minister of Communication and Informatics, Johnny G. Plate, said the DEMM has produced a document…

The potential of the cloud and sustainable data centres is still far from being realised, as a consequence, Trescon’s World Cloud Show is looking to help Qatar in its mission to enhance digital transformation. As the Official Cloud Sponsor of the World Cloud Show – Qatar, Oracle is set to provide a major push to this agenda. The event that is virtually taking place on September 6, 2022, will focus on the Qatari market, and will feature exciting keynotes, government and enterprise use-case presentations, product showcase, panel discussions and tech talks to discuss the latest challenges and explore the latest applications…

Pertamina International Shipping (PIS) is increasingly targeting consumers in the international market. In addition to this expansion, PIS strives to continuously improve the quality and standard of service by exchanging knowledge and experiences with world energy companies. PIS, in cooperation with PIS Pte Ltd (PIS PL), hosted a sharing session with BP Singapore Pte. Limited, Shell International Eastern Trading Co (SIETCO), and ExxonMobil Asia Pacific Pte Ltd. The meeting was held at the offices of each energy company on August 24-25, 2022, in Singapore. During the sharing session, PIS discussed vetting, inspection, and vessel acceptance or vessel examination and inspection.…

State-owned oil and gas company PT Pertamina succeeded in saving operational costs of around Rp6 trillion (US$402.46 million) until July 2022 through several efficiency programs amid rising world oil prices that increased fuel production costs. She explained that energy companies around the world are facing difficult situations as a result of disruption of the global energy supply chain due to the Russia-Ukraine conflict. The global trade mobility leading to post-pandemic recovery was jolted by limited supply that led to an energy crisis. The president director noted that the Indonesian government’s policy of maintaining the people’s purchasing power through fuel subsidies…

Legend Capital recently announced that it made its 100th IPO following the listing of its AI medical portfolio company Lunit on the KOSDAQ market on 21 July 2022. In addition, Legend Capital’s CRO portfolio company R&G Pharmastudies was successfully listed on the ChiNext of Shenzhen Stock Exchange on 2 August 2022, while on 5 August 2022, the innovative drug portfolio company MicuRx Pharmaceuticals went public on the STAR Market, becoming the 101st IPO and the 102nd IPO in Legend Capital’s investment portfolio. In a recent interview, Richard Li, President of Legend Capital, revealed the history of Legend Capital in technology…

The GrowHub Innovations Company (“The GrowHub”), Asia Pacific’s only Web3-enabled plug-and-play ecosystem builder for food traceability and carbon credits, and KOUFUKU GROUP, a Japanese food company with over 50 years of history, have signed an MoU partnership for a joint project on market penetration using The GrowHub’s proprietary Web3 technology. This partnership will further enhance Japan’s food traceability for Japanese consumers by enabling access to blockchain-driven technology solutions. The GrowHub’s Web3 technology provides food manufacturers with an evidence-based understanding of the conditions necessary for market penetration of their products in the ASEAN market. In addition, GrowHub can also help food…

Colorectal cancer (CRC) has become one of the main cancers threatening the health of human beings. In the United States and China, CRC has ranked among the top three cancers that lead to death. CRC screening has been proven to be one of the most effective tools for preventing colorectal cancer. Research indicated that since screening was first recommended in 1980 in the United States, the incidence rate of CRC has dropped by 40%. Meanwhile, it’s also important to follow the updated evidence, ensuring that the screening is suitable for the people who benefit most. The onset of the Disease…

The Asia Video Industry Association (AVIA) and the Coalition Against Piracy (CAP) hosted a seminar earlier today in Manila to promote the protection of online content in a country that continues to have some of the highest levels of online piracy in Asia Pacific, levels that impede economic growth and pose serious risks to consumers. AVIA, and local industry partners involved in the seminar such as Globe and Kroma, held the event to highlight the need for the revised IP Code recently presented to the House to address rampant online piracy via the implementation of efficient and effective site blocking…

PT WIJAYA KARYA (Persero) Tbk. [IDX: WIKA] successfully booked a gross profit of Rp627.24 billion in Q2-2022 or 14.8% higher on a year-on-year basis (YoY) as recorded in the financial statement for the period ended on 30 June 2022. This figure was supported by the Company’s sales of Rp7.18 trillion or 6.2% higher YoY. WIKA’s President Director, Agung Budi Waskito (Agung BW) said the improvement in sales performance was enabled by a 2% increase in infrastructure and building sector, 9.8% increase in industry sector, and 167.6% increase in realty & property sector YoY. Most of the revenue in realty &…

Novotech, the leading Asia Pacific biotech specialist CRO has released new market data in a report now available titled “Evolution of Clinical Trials in the Asia Pacific Region”. The report was prepared by GlobalData and confirms that “the Asia-Pacific (APAC) region was the largest contributor to the global clinical trial landscape from 2017 to 2021, accounting for more than 50% of conducted trials during the analysis period.” Download report here https://novotech-cro.com/whitepapers/evolution-clinical-trials-asia-pacific-region-compared-us-and-eu5 In addition, the GlobalData research found that all phases of clinical trials in the region registered higher growth than both the US and the EU5. The region registered significantly higher…

– The co-branded card will offer up to 5% cashback on spends done on the Snapdeal app and website – Cardholders can also get benefits worth up to INR 500 by activating their credit card within 30 days of issuance MUMBAI, INDIA, Sept 2, 2022 – (ACN Newswire) – BOB Financial Solutions Limited (BFSL), the wholly-owned subsidiary of Bank of Baroda (BoB) and Snapdeal in partnership with National Payments Corporation of India (NPCI) and JCB International Co. Ltd. have announced the launch of the Snapdeal BoB JCB RuPay Credit Card. The card is designed keeping in mind the purchase behaviour of shopping enthusiasts and…

Event attracts 19,000+ participants, bringing government and business leaders together to facilitate project matching The seventh Belt and Road Summit, jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), concluded yesterday (1 September). Continuing in the tradition of being a formal, substantial and high-quality event, the summit saw state leaders and senior officials, regional government leaders and business leaders gathered to explore the business potential of the Belt and Road Initiative, and to drive synergies and create a win-win situation through multilateral collaborations such as the Guangdong-Hong Kong-Macao…

EC Healthcare (the Company, which together with its subsidiaries is referred to as the Group, HKG: 2138), the largest non-hospital medical group in Hong Kong, is pleased to announce that on 1 September 2022, the Group’s Chairman, Executive Director and Chief Executive Officer Mr. Tang Chi Fai had acquired a total 107,000 shares of the Company on the open market for approximately HK$587,000 at an average price of HK$5.4905 per share. After the transaction, Mr. Tang holds an aggregate of 722,034,610 shares in the Company, increasing his equity stake from 61.26% to 61.27%. Mr. Eddy Tang, Chairman, Executive Director and…

Yeahka (HKG: 9923), the leading payment-based technology platform in China, announced its 2022 interim results in late August. During the period, total revenue climbed 17.1% to RMB1,641.8 million, gross profit rose 52.1% to RMB529.3 million, and gross margin increased from 24.8% to 32.2%. “Yeahka’s 1H revenue and adjusted EBITDA beat our estimates. Management highlighted multi-channels strategies to embrace in-store e-commerce opportunities and reaffirmed full-year GMV guidance. We expect it to maintain fast growth trend in 2023 due to the huge addressable market ahead. We revise our payment volume assumptions in 2H due to the recent resurgence of the pandemic and…

aCommerce Group, the largest end-to-end e-commerce enabler in Southeast Asia, has partnered with Johnson & Johnson Philippines, part of the largest and most broadly based healthcare company in the world, in a joint venture to offer a sustainable packaging alternative and 100% recyclable solution in the Philippines. The solution was developed through a wide-scale collaboration to reduce e-commerce waste and create a sustainable future for e-commerce in Southeast Asia. The forecasted amount of plastic savings from this initiative would be equal to 106,684 SQM of plastic – the equivalent to the area of 254 basketball courts. The new packaging solution…

This year, CT Event Asia is all set to bring you the Asean Healthcare Transformation Summit 2022, themed “Leveraging Human Touch and Technology in the Era of Connected Health”. Happening at the JW Marriot Hotel on 6th-7th September 2022, this conference is the most interactive healthcare summit in Southeast Asia, aims to address the most pressing issues in the healthcare sector. The summit promises to be even larger and will feature keynotes sessions emphasizing on the digital health ecosystem, public health systems transformation, universal health coverage, robots in healthcare, integrated hospitals and burnout in HCW. This summit will be supported…

The Asia Video Industry Association (AVIA) welcomed over 200 delegates from across the region for its first ever Korean focused conference and its first in market event since 2019, with Korea in View, which took place on 30 August at the Westin Josun, Seoul. To set the scene, AVIA CEO Louis Boswell presented key highlights from AVIA’s Korea in View 2022 Report. Ranking 10th among the world’s largest economies and 4th in Asia, South Korea had risen from one of the poorest countries in the world to a developed, high-income country in just one generation. The pay TV market continued…

Focused on the core business and creating a new profit model Technology empowered business transformation GOME Retail Holdings Limited (HKG: 493,  GOME or the Company, and together with its subsidiaries, the Group)announced its unaudited interim results during the six months ended 30 June 2022 (the Reporting Period). The consolidated gross profit margin and operating cash flow improved significantly, and construction of the full retail ecological sharing platform has been completed In 1H 2022, GOME continues to promote the implementation of the “Home . Living” Strategy, and based on the development philosophy from the platform perspective, users’ perspective, and technology perspective,…