G20 members have urged the World Bank to immediately prepare for the establishment of the Financial Intermediary Fund (FIF), Finance Minister Sri Mulyani Indrawati stated. FIF should be formed immediately in the framework of pandemic preparedness and response (PPR) in the future, the minister emphasized. “The (G20) presidency concluded that the World Bank should start exploring the process for developing and establishing FIF,” Indrawati remarked at the second meeting of the G20 Finance Ministers and Central Banks Governors (FMCBG) press conference here on Thursday. G20 members view FIF as being the most effective choice for new financial mechanisms, especially in…
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The second G20 Finance Ministers and Central Bank Governors (FMCBG) meeting expects Indonesia’s G20 Presidency to bring about a solution to the Russia-Ukraine conflict, Indonesian Finance Minister Sri Mulyani Indrawati stated. “(G20) members hope that the current geopolitical situation, particularly related to the war in Ukraine, will be handled,” Indrawati noted at a press conference of the second G20 FMCBG meeting on Thursday. The expectation is based on the fact that the global situation has worsened and changed rapidly due to the COVID-19 pandemic, coupled with the Russia-Ukraine war, she remarked. Moreover, the Russia-Ukraine conflict has a very dynamic implication,…
Dutch submersible manufacturer U-Boat Worx (www.uboatworx.com) breaks the mould with the launch of the NEXUS series. U-Boat Worx is the market leader in private and commercial submersibles. Since 2017, the company has sold more than 20 of its highly successful Cruise Subs to private operators, resorts, and cruise lines. Nexus White Front View Nexus White Side View Nexus White Right Angle Nexus White from Top Upside Nexus Yellow Front Side The NEXUS series (www.uboatworx.com/model/nexus-series) comprises two models featuring an ultra-large elliptical acrylic pressure hull with unrivalled passenger comfort. Seating up to eight passengers and one pilot, the NEXUS provides 25%…
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 the expected performance of the Group’s sales volume for the Year ended 31 March 2022 (the Year). Benefiting from the diversified business portfolio and continuous improvement in operation efficiency, the Group’s business grew steadily against market headwinds. During the 104 business days of compulsory closure, the Group was able to boost sales in the local market and in Mainland China through proactive client engagement via an online channels and e-commerce…
As the single largest shareholder of Kitchen Culture Holdings Ltd. (“Kitchen Culture”) with a 21.19% stake, OOWAY Group Ltd. (“OOWAY Group” or the “Group”) shares the frustration of many shareholders who raised concerns over matters of internal controls and governance ahead of Kitchen Culture’s recent Annual General Meeting held on 18 March 2022. We are deeply disappointed by the findings of Baker Tilly Consulting (Singapore) Pte. Ltd.’s (“BTC”) latest report which confirm our worst fears regarding the shocking matters of concern which were first revealed in June 2021 after Kitchen Culture’s Audit Committee engaged BTC to review its internal controls.…
DIA PROTECT safeguards your business against reputational and financial loss CITIC Telecom CPC Estonia OU launches new service portfolio “DIA PROTECT” (DIA KAITSE), of which DIA DDoS Protect (DIA DDoS Kaitse) provides advanced networking and security in a single unified offering to organizations seeking to secure and enhance business operations. DIA DDoS Protect (DIA DDoS Kaitse) combines High-Speed Direct Internet Access (DIA) solution and industry-leading DDoS protection to deliver cost-effective connectivity and mitigate cyber risks. DIA DDoS Protect (DIA DDoS Kaitse) is built on the pay-as-you-go method: pay for the DDoS protection service only for the time being under attack.…
The Myanmar Government will accelerate development of hydrocarbon and renewable energy even as it repairs power lines damaged by terrorists while seeking to increase foreign investments despite the threat of fresh economic sanctions, the Ministry of Information (MOI) and Ministry of Investment and Foreign Economic Relations (MIFER) announced today. MOI Minister Mr Maung Maung Ohn and MIFER Minister Mr Aung Naing Oo issued the joint statement in response to recent media reports about energy shortages in the country and exits of some foreign energy companies, and fresh sanctions against Myanmar announced in recent months. Addressing Energy Shortages in Myanmar The…
TOKYO, Apr 21, 2022 – (ACN Newswire) – Showa Denko K.K. (SDK; TSE:4004) has introduced MLOps* (Machine Learning Operations) for efficient management of machine learning models deployed into Artificial Intelligence (AI) systems for materials design ahead of its competitors. Machine learning models can predict material properties based on formulations and manufacturing-process conditions of materials. This time, we automated input of the latest data into computers that develop machine learning models and data processing in those computers. This automation has reduced the time required to build and operate machine learning models from five days to one day per month. In addition, the introduction of MLOps…
Singapore-headquartered Believe Pte Ltd, a fast-growing consumer products company serving the global Muslim audience with brands spanning skincare, fragrances, make-up and hair care has raised Series C funding of US $55M from incoming investors Venturi Partners and IIFL AMC alongside continued participation from Jungle Ventures, Accel, Alteria Capital and Genesis Alternative Ventures. Investment from IIFL AMC is subject to approval from the Securities and Exchange Board of India (SEBI). The Company (started in mid-2019) has delivered rapid growth in its relatively short history, thereby inspiring investor interest and has cumulatively raised over US$ 80M over the last two years. The…
One of Southeast Asia’s longest running international jazz festivals – Borneo Jazz festival (BJ) – is back once again, bringing musicians of diverse cultural backgrounds together to celebrate jazz music and empower the local community. YB Karim officially launched the Borneo Jazz 2022 festival, which will be in hybrid format at Miri International Airport today. Themed “Jazz in The Jungle”, the Borneo Jazz festival will be held from 24 to 26 June 2022 in a hybrid format to reach out to the greater jazz-loving community worldwide. The physical concert will take place at Coco Cabana, Miri while viewers will also…
Princeton Digital Group, Asia’s leading data center provider, and The Indonesian Internet Service Provider Association (APJII) announced a collaboration to further elevate Indonesia’s internet infrastructure. This strategic partnership will help APJII members in Jakarta, Bandung, Surabaya, and Pekanbaru to have easy access to the Indonesia Internet Exchange (IIX) and strengthen the internet connectivity infrastructure in Indonesia. This collaboration will also include PDG’s 22MW Jakarta Cibitung 2 (JC2), a new greenfield development that PDG launched recently. APJII is a long-established association with over 700 internet providers and over 3,000 corporate members. The association provides members with several strategic services, including access…
Blockpass, a leading digital identity verification provider, today announced a strategic partnership with EMURGO, a founding entity of the Cardano blockchain and its official commercial arm. Through this collaboration, Blockpass will add Cardano crypto-addresses to the Blockpass App, and offer On-Chain KYC(TM) services for Cardano ecosystem projects, optimizing their KYC requirements. In addition, Blockpass and EMURGO will be holding a ‘Fireside Chat’ and other collaborative marketing initiatives to increase awareness of this partnership and foster the overall growth of the Cardano community. Cardano is an environmentally-sustainable proof-of-stake blockchain platform using the Ouroboros protocol, founded on peer-reviewed research and developed through…
Venusverse, an organization designed to give women insight into the world of Web3, announces the launch of a ground-breaking new NFT collection that will be protected by UREEQA, a leading digital validation company that helps creators protect, manage and monetize creative work. The Women of Venusverse “Genesis” Collection of 2,022 NFTs is a one-of-a-kind art collection with membership access to the Venusverse community. Ten percent of revenue from the collection will be donated to the CivicAction Leadership Foundation in support of women in that organization’s leadership programs, including the DiverseCity Fellows and the Emerging Leaders Network. The “Genesis” Collection launched…
Trintech, a leading global provider of cloud-based financial close solutions for the Office of Finance, today announced the appointment of Monna Nevils as Chief Human Resources Officer (CHRO) of Trintech. With a focus on employees, Nevils will help Trintech continue to build an engaged, inclusive, and high-performing culture. She will lead all aspects of human resources, including talent acquisition, learning and development, organizational development and effectiveness, compensation and benefits, diversity and inclusion programs, and benefit systems. “Businesses don’t create value; people do. Our employees are the heart of our business which is why I am thrilled to welcome Monna as…
It was an exhilarating event with 30+ hours of unconventional networking, Tech Talks, Keynotes, panel discussions and the newly launched talk show called ‘WBS Talks’ at the 22nd global edition of World Blockchain Summit in Dubai. The summit was held under the patronage of HH Sheikh Juma Ahmed Juma Al Maktoum, member of the ruling family of Dubai, presented by Chingari powered by $GARI; co-hosted by Paysenger; and powered by Bybit. In Pic (from left to right): Mr Mohammed Saleem, Founder, World Blockchain Summit; HH Sheikh Juma Ahmed Juma Al Maktoum, member of the ruling family of Dubai; and Furqan…
Lexus is proud to unveil details of the new “RZ”, the luxury brand’s first globally-available pure Battery EV (BEV) model. Since the launch of the RX400h in 2005, Lexus has been a pioneer of electrification within the luxury market. As with the first RX hybrid model, our engineers have imbued our hybrid vehicles with an excellent driving identity and environmental performance. In 2019, Lexus’ fundamental approach toward vehicle electrification evolved thanks to the Lexus Electrified vision. Lexus aims to invigorate all guests’ authentic love for driving exhilaration, and in doing so, will broaden its Lexus Electrified portfolio of hybrid electric…
Group taking measures to ensure business continuity as livelihoods of employees at stake Caely Holdings Bhd, a leading domestic producer of women’s intimate apparel, takes note of the order to freeze all the Group’s bank accounts and wishes to reassure all stakeholders that measures are being explored to ensure business continuity and sustainability. Caely Executive Director and Chief Executive Officer Mr. Lim Chee Pang said, “The unfreezing or partial unfreezing of the bank accounts are our top priority. We are exploring all avenues to resolve this issue, as we need to ensure that business operations can sustain.” “We are answerable…
NextPlay Technologies, Inc. (Nasdaq: NXTP), a technology solutions company building a digital business ecosystem for digital advertisers, consumers, video gamers and travelers, has completed its previously announced acquisition of gaming assets and IP from goGame, a Singapore-based mobile casual video game publisher and technology company. The acquired assets include goPlay, a new-gen game publishing platform featuring a tournament system, chat, payment, and 37 casual games ranging from arcade to strategy. NextPlay plans to complete the integration of its HotPlay in-game advertising (IGA) technology into the 37 goPlay games by year-end. NextPlay also acquired from goGame a perpetual license to goPay,…
Join us for this virtual event where we’ll uncover opportunities to improve your events. We will present the key insights from our recent ‘Virtual Events Benchmark Report 2022’ where our data science team analysed data from 500+ events powered by GEVME. Our team of experts will also provide you with practical tips to leverage on these insights and generate impactful results with your events. Grab a free copy of Virtual Events Benchmark Report 2022 when registering for the event. Americas – 9th May 2022, 9:00 p.m. ET APAC – 10th May 2022, 9:00 a.m. SGT Agenda: – Choosing the right…
25th anniversary of the world music festival to be held in hybrid format The most awaited music festival in Malaysia, the Rainforest World Music Festival (RWMF), is back once again, celebrating its 25th anniversary as a hybrid event for the first time since the beginning of the music festival in 1998. This year, the music festival themed “Legendary Rainforest Celebration” being held from 17-19 June 2022 will take on a hybrid format, with the physical concert taking place at Sarawak Cultural Village while viewers can also livestream it from their homes via rwmf.net. With the objective of bringing the world…