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…
Author: Marie Jones
Read More
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…
18 Awarded Companies with Great Support from Business Community and Media The Award Ceremony of Quamnet Outstanding Enterprise Awards 2019 was successfully held on 14 January 2020 at Rosewood Hong Kong. 18 awarded companies’ representatives and honourable guests attended and witnessed the 11th Anniversary of the Awards. With celebration of the remarkable achievement, the Awards gained wide support from the business community and media from both Hong Kong and overseas. Celebrating 11th Anniversary: Beyond Reputation and Innovation Being a leading financial website in Hong Kong, Quamnet not only focuses on the financial…
Shares of Huijing Holdings Company Limited (“Huijing Holdings” or the “Group”), an established integrated residential and commercial property developer in the PRC, with a foothold in Dongguan and a focus on Guangdong and Hunan provinces, commenced trading on the Main Board of The Stock Exchange of Hong Kong Limited (“HKEX”) today, under the stock code 9968. Honorary advisor of Huijing Holdings, Mr. Jim Rogers, also dubbed “The King of Commodity”, said: “I’m extremely pleased to be here today to attend the listing ceremony of Huijing Holdings. Chairman Lun is a visionary leader and an industry pioneer. Together with the Group’s…
Edvantage Group Holdings Limited (“Edvantage Group” or the “Group”, stock code: 0382.HK) announces an update on certain latest unaudited financial and operational information, and business development of the Group for the three months ended 30 November 2019 (the “Period under Review”). Business Update Highlights (for the three months ended 30 November 2019) – The revenue of the Group amounted to approximately RMB210.9 million, representing a YOY increase of approximately 19.4%; The gross profit of the Group amounted to approximately RMB104.3 million, representing a YOY increase of approximately 21.3%; The gross profit margin increased by 0.8 percentage point to 49.5% as…
On January 14 th 2020, China Agri-Industries Holdings Ltd. (“China Agri”) released the estimated annual results for 2019, expecting the profit attributable to owners of the company to range from HK$1,200 million to HK$1,240 million, which represents a 8% to 11% decline compared to the HK$1,346 million for the year ended 31 December 2018. Regarding the reasons behind, China Agri mentions that “In 2019, changes in trade policies of certain major global economies made it more challenging for the Group to make business decisions. The breeding industry witnessed falling hog stocks mainly due to the impact of African swine fever,…