SeaPRwire Deploys AI Solutions to Strengthen Corporate Communications and Media Presence in Asia

SINGAPORE, Jan 25, 2024 – (ACN Newswire) – SeaPRwire, Asia’s leading press release distribution and media monitoring platform, has integrated pioneering artificial intelligence (AI) and machine learning technologies to revolutionize public relations and strategic communications for brands across key Asian markets.

SeaPRwire’s newly enhanced Branding-Insight Platform features proprietary AI solutions to streamline media targeting, quantify PR effectiveness, and strengthen corporate influence as never before. This empowers marketing and communications teams based in Asia to execute highly strategic, data-driven media outreach and publicity campaigns.

“AI is the next frontier for public relations technology and we’re thrilled to deploy these futuristic solutions to propel our clients’ communications forward in Asia,” commented James Scott, Chief Strategy Officer at SeaPRwire. “Our adaptive targeting, precision analytics, and automated workflows powered by AI deliver unprecedented strategic advantage to brands seeking to stand out from the noise and drive real business impact through PR.”

SeaPRwire’s suite of AI and automation capabilities includes:

– Hyper-Precise Media Targeting: An AI engine processes signals from over 950,000 journalists, editors, outlets, and KOLs to identify, with up to 76% accuracy, the most relevant media contacts based on client priorities. This enables highly personalized and effective press release targeting.

– Automated Multilingual Translation: SeaPRwire’s Natural Language Generation technology accurately translates press releases into 12+ major APAC languages at the click of a button. This facilitates media coverage and market penetration across linguistic barriers.

– Predictive Performance Analytics: Sophisticated machine learning algorithms assess past performance trends to forecast press release visibility outcomes. The predictive insights optimize distribution for up to 59% higher pick up rates.

– Personalized Impact Analysis: Powerful attribution modeling quantifies the business impact of earned media coverage linking PR efforts to website traffic, lead generation and revenue growth. This empowers optimal resource allocation.

Since adopting SeaPRwire’s integrated AI solutions, multiple large enterprises have seen significant communications success indicators including:

– Average media pick up rate improved by 73%

– Monthly site traffic from press releases increased 51%

– Publicity assisted lead conversion rates rose 37%

– Predictive analytics models have 83% accuracy

“Leveraging SeaPRwire’s AI-powered press release platform has been a game changer,” explained Alicia Chang, Communications Director at a prominent Asian tech unicorn using their solutions. “The data-driven publicity strategies amplified our messages and provided actionable insights that informed messaging, budget decisions and more.”

To learn more about SeaPRwire’s artificial intelligence offerings for strategic communications in Asian markets, please visit www.SeaPRwire.com.

About SeaPRwire

SeaPRwire (https://www.SeaPRwire.com/) is a leading global provider of wire distribution services to media relations and marketing communications professionals. SeaPRwire’s platform allows clients to identify key factors of their press releases and measure meaningful impact. It has a strong media network in Southeast Asia, indexing news from thousands of worldwide sources. SeaPRwire’s media network support multi-lingual press release distribution, including English, Chinese, Vietnamese, Thai, Malay, Indonesian, Filipino and more. SeaPRwire provides real time press release distribution for companies and organizations to 6,500+ media outlets & 3.5 million professional desktops in 90 regions. It distributes press releases in different languages, including: IndonesiaFolk, IndoNewswire, SEATribune, IDNewsZone, LiveBerita, DailyBerita, TaiwanPR, SinchewBusiness, AsiaEase, BuzzHongKong, SingapuraNow, TIHongKong, TaipeiCool, TWZip, AsiaFeatured, dePresseNow, THNewson, KULPR, VNFeatured, MENAEntry, HunaTimes, DubaiLite, ArabicDir, BeritaDaring, TekanAsia, JamKopi …

Media Contact
Tina Lee, PR manager
cs@SeaPRwire.com
https://www.seaprwire.com

24th Edition of CFO Leadership Summit: KSA

RIYADH, Jan 24, 2024 – (ACN Newswire) – In a significant leap towards shaping the financial future of Saudi Arabia, Exito Media Concepts is proud to announce the upcoming “24th Edition of the CFO Leadership Summit” scheduled to take place in the heart of the Kingdom. Recognizing the vital role that finance leaders play in steering organizations and economies, Exito Media Concepts is organising the CFO Leadership Summit. The summit serves as a beacon for thought leadership, fostering strategic discussions essential to the critical role finance leaders undertake.

The CFO Summit is designed with a multi-faceted purpose that seamlessly aligns with Saudi Arabia’s broader national objectives. At its core, the summit aims to enhance the role of the financial sector, fostering innovation, efficiency, and resilience. Discussions will delve into strategies for promoting national industry, and strengthening the Kingdom’s financial position on the global stage.

Saudi Arabia: A Premier Destination for Financial Discourse

Why Saudi Arabia?

The answer lies in the Kingdom’s vibrant economy, strategic location, and visionary leadership. Saudi Arabia’s commitment to economic diversification and its pivotal role in the global economy make it the perfect host for a gathering of CFOs and financial leaders. The CFO Summit promises not only a rich intellectual exchange but also an immersive experience of Saudi Arabia’s unique culture and business environment.

Who are the featured speakers at the conference?

Awaiz Patni, CFO, Saudi Bugshan Investment Company
Ismail Radwan, Senior Director for Economics and Investment Strategy, Public Investment Fund (PIF)
Fahad Al-Aslami, Group CFO, Al Akaria
Samir Derbas, Group CFO, MADR Investment
Ronald Michel Gharib, CFO, RATP Dev
Ahmed Dawoud, CFO, PepsiCo
Muhammad Anis Younus, CFO, Al Fadhili Housing Co
Noura Alkahtani, Director Of Corporate Business Accounting, Ministry Of National Guard–Health Affairs and Many more!

What exciting topics can you Expect to See on the agenda for the CFO Leadership Summit?

Predicting the unpredictable – A Review on the Overall Economic Landscape
Aligning Short-Term and Long-Term Business Goals – The CEO and CFO dynamic
Navigating the New Environment – What does it mean for CFOs?
Bridging the gap – Ensuring effective business partnering
Money in Motion – CFOs Propelling Financial Digital Innovation
Strategic Investment Mastery – Identifying the Right Investments to Drive Long-term Growth for CFOs and Many more!

Participating in the CFO Summit offers a multitude of benefits for attendees and their organizations. By leveraging the collective expertise and insights shared at the event, CFOs can drive positive change within their organizations, implement best practices, and contribute to the overall economic advancement of Saudi Arabia. Furthermore, the networking opportunities provided during the summit open doors for collaboration, partnerships, and business expansion.

For more information about the CFO Summit and to register, please visit : CFOleadershipsummit/ksa.com

About Exito:

Exito, which means success in Spanish, embodies our commitment to the success of our customers. Each year, we host over 240 virtual and in-person conferences globally, bringing together audiences with world-class thought leaders and C-level executives across industries. Our meticulously crafted agendas, based on extensive research and valuable industry insights, facilitate business, knowledge transfer, deal flow, and impactful messaging for brands.

Contact:
Kasturi Nayak,
Sr. Executive
Marketing Team
kasturi.nayak@exito-e.com
Exito Media Concepts

mindzie Unveils Python Integration to Enhance AI-Driven Process Mining and Automation

DALLAS, TX, Jan 24, 2024 – (ACN Newswire) – mindzie, inc. (“mindzie“), a leading provider of Generative AI-Driven process mining and business process optimization software, today announced the launch of a revolutionary new feature: integration with Python, the world’s most popular programming language. This cutting-edge addition allows users to harness the power of Python to develop custom process mining attributes, KPIs, classify data, integrate 3rd party systems, and much more within mindzie’s user-friendly platform.

Process Mining and Python

“I am thrilled to announce our latest innovation – the integration of Python into our Process Mining platform. This integration is more than just a technological advancement; it’s a game changer for businesses seeking to harness the full potential of their data. With Python’s flexibility and our platform’s intuitive design, we are empowering users to create bespoke solutions tailored to their unique business needs. This is a significant step allowing our clients to uncover deeper insights, drive efficiency, and foster continuous process improvement in ways that were previously unattainable.” – Soren Frederiksen, Chief Technology Officer, mindzie.

Enhanced Customization and Flexibility

The integration with Python opens up endless possibilities for customization in process mining. Users can now leverage the robust capabilities of Python scripting to create tailored solutions that meet the specific needs of their business processes. This feature is especially beneficial for organizations looking to delve deeper into their data and extract meaningful insights that standard process mining might overlook. Companies can now tailor their process mining efforts such as:

Aggregate process behaviors (e.g. the number of handovers between different departments in a case), these insights can be further used for predictions or root cause analysis.
Indicate whether a case started during a busy period, to use as input for AI models.

Users can develop sophisticated algorithms and analytics, expanding the scope of process mining beyond traditional boundaries.

Seamless Integration for Maximum Impact

mindzie has ensured that the integration of Python into its platform is seamless and user-friendly. Businesses can start leveraging this new feature immediately, with minimal learning curve or even using 3rd party technology like ChatGPT for code writing assistance. This ease of use democratizes access to advanced data analysis, making it available to a broader range of professionals within an organization.

The mindzie studio is available in Cloud Hosted, Enterprise On-Premise, Desktop Professional Edition, and Free Desktop Edition. Allowing companies to select the platform that best fits their unique requirements.

For more information, please contact https://mindzie.com/contact

Contact Information
mindzie media
Media Relations
info@mindzie.com
866-646-3943

SOURCE: mindzie, inc.

View the original press release on newswire.com.

Property Developer AMIS Launched in Dubai; Unveils AED 425 Million Woodland Residences

DUBAI, Jan 24, 2024 – (ACN Newswire) – Real estate developer AMIS today announced its establishment in Dubai with the launch of its first project, The Woodland Residences, an AED 425 million development featuring the first integration of actual branded surfaces into properties in the UAE.

The Woodland Residences’ Front View

Boasting a sellable area of 220,000 sqft, the development elevates the concept of branded residences from mere aesthetics and marketing to seamless product integration within unit interiors.

The Woodland Residences signifies a turning point in luxury real estate, heralding a milestone collaboration between AMIS and Laminam. This partnership brings Automobili Lamborghini branded surfaces to grace every villa within the project. The opulent surfaces, expertly embedded into the wall cladding across common areas, not only elevate the visual appeal but also add real value to the properties, presenting a distinctive and enriched experience for discerning homeowners.

Alberto Selmi, CEO & President of Laminam, stated: “Our product range fully aligns with this project by AMIS, and we are looking forward to seeing the final results once ready in the middle of 2026. We are sure that customers will be delighted.”

Commenting on the launch, Omar Gull, Managing Partner of AMIS, said: “In The Woodland Residences, we’ve gone beyond the traditional ‘branded residence’ concept. Our focus is on integrating actual branded products into every villa, moving beyond mere aesthetics to embed authenticity and real value within the architecture. Our collaboration with Laminam allows us to craft properties where customers tangibly embrace branded products within their homes. This makes our project the UAE’s first to seamlessly infuse branded surfaces into the interiors, setting a new standard for luxury real estate.”

Dubai, having recently surpassed Miami to claim the top spot for hosting the largest volume of branded residences, maintains its position as a trailblazer in redefining luxury living in the global real estate market.

Located 12 minutes away from Downtown Dubai, The Woodland Residences sits within the vibrant District 11 of Meydan. Offering a 100-meter swimmable lagoon reserved exclusively for residents, this serene oasis represents an ideal setting for relaxation and recreation within the bustling heart of Dubai.

Committed to unparalleled luxury, each villa at The Woodland Residences offers a private pool and an elevator, enhancing convenience and delivering an unmatched living experience for its residents.

Every villa at The Woodland Residences ensures an Instagrammable view of the iconic Burj Khalifa and the Dubai skyline.

Contact Information
Baha Hamadi
Managing Director
baha.hamadi@keelcomms.com
+971509415848

SOURCE: AMIS

Loop Industries and Bormioli Pharma Unveil an Innovative Pharmaceutical Packaging Bottle Manufactured with 100% Recycled Virgin Quality Loop PET Resin at Pharmapack 2024

MONTREAL, QUEBEC, Jan 24, 2024 – (ACN Newswire) – Loop Industries, Inc. (NASDAQ:LOOP) (the “Company” or “Loop”), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate (“PET”) plastic and polyester fiber and Bormioli Pharma, an international leader in pharmaceutical packaging and medical devices, today announced that an innovative pharmaceutical packaging bottle manufactured with 100% recycled virgin quality Loop™ PET resin will be unveiled within the Bormioli booth at Pharmapack Europe 2024.

Bormioli Pharma and Loop Industries aim to introduce market-ready solutions for the global pharmaceutical industry and the two companies began to collaborate over a year ago in order to achieve this goal. Bormioli Pharma tested Loop™ PET resin in its packaging, commissioning to independent third parties’ additional analysis to verify extractables levels with different solutions, also taking in consideration the worst-case scenario. The results of these tests set a new benchmark for recycled plastic products within the pharmaceutical industry, as the bottles produced with Loop™ PET resin do not release any substance deemed of toxicological relevance1.

Bormioli Pharma’s EcoPositive offering, gathering low-impact packaging solutions, currently constitutes 50% of their standard catalogue, contributing to position itself among the players with the broadest sustainable offerings on the international market.

In addition to the independent third-party testing commissioned by Bormioli Pharma, LoopTM PET resin was also tested by a worldwide leader in laboratory testing services and on December 13th, 2023 Loop announced that test results confirmed its Loop™ PET resin meets the strict requirements and standards outlined by the European Pharmacopeia (Ph.Eur. 3.1.15, Polyethylene Terephthalate for Containers for Preparations not for Parenteral Uses) and the United States Pharmacopeia (USP <661.1>, Plastic Materials of Construction) and is compliant for use in packaging applications in the pharmaceutical industry.

“Through this collaboration with Loop we’re strengthening our role as a solid, quality and reliable partner for the pharmaceutical industry” stated Andrea Lodetti, CEO of Bormioli Pharma. “Loop Industries shares our values and commitment, and together we made available a new pharma-grade sustainable solution, showing even greater safety standards than traditional ones.”

Daniel Solomita, Founder and CEO of Loop Industries, commented “Through our collaboration with Bormioli Pharma, we have developed an innovative pharmaceutical packaging solution manufactured from 100% recycled virgin quality LoopTM PET resin. This high-quality packaging alternative raises the bar for responsible solutions and helps set a new standard for sustainable packaging in the pharmaceutical industry.”

1 Results from an extractables study conducted by an independent, external lab and performed on bottles manufactured with Loop™ PET resin using different simulating solutions.

About Bormioli Pharma

Bormioli Pharma works closely with the pharmaceutical industry and all companies that are working towards the future of healthcare globally. As a world-renowned player in the packaging industry, the company serves the pharmaceutical and biopharmaceutical markets with complete solutions, including glass and plastic bottles, plastic and aluminum closures and accessories. Bormioli Pharma’s wide product ranges are designed and manufactured with a focus on innovation and addressing the ever-growing sustainability issues. Moreover, each product is specifically conceived for the destination market thanks to an accurate portfolio segmentation. Bormioli Pharma has a global presence in over 100 countries, with more than 1,400 employees and 9 plants across Europe specialized in the production of glass and plastic packaging. Each year, the company produces more than 7 billion pieces and in 2022 reported annual sales of approximately 315 million euros. As a partner to the pharmaceutical industry, Bormioli Pharma invests and innovates with one goal in mind: making health a positive practice, available to everyone, kind to the planet.

About Loop Industries

Loop Industries is a technology company whose mission is to accelerate the world’s shift toward sustainable PET plastic and polyester fiber and away from our dependence on fossil fuels. Loop Industries owns patented and proprietary technology that depolymerizes no and low-value waste PET plastic and polyester fiber, including plastic bottles and packaging, carpets and textiles of any color, transparency or condition and even ocean plastics that have been degraded by the sun and salt, to its base building blocks (monomers). The monomers are filtered, purified and polymerized to create virgin-quality Loop™ branded PET resin suitable for use in food-grade packaging and polyester fiber, thus enabling our customers to meet their sustainability objectives. Loop™ PET plastic and polyester fiber can be recycled infinitely without degradation of quality, successfully closing the plastic loop. Loop Industries is contributing to the global movement towards a circular economy by reducing plastic waste and recovering waste plastic for a sustainable future.

Forward-Looking Statements

This news release contains “forward-looking statements” as defined in the U.S. Private Securities Litigation Reform Act of 1995. Such statements may be preceded by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “should,” “could,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or “continue” the negative of such terms or similar words. These forward-looking statements include, without limitation, statements about Loop’s market opportunity, its strategies, ability to improve and expand its capabilities, competition, expected activities and expenditures as Loop pursues its business plan, the adequacy of its available cash resources, regulatory compliance, plans for future growth and future operations, the size of Loop’s addressable market, market trends, and the effectiveness of Loop’s internal control over financial reporting. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond Loop’s control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with among other things: (i) commercialization of our technology and products, (ii) our status of relationship with partners, (iii) development and protection of our intellectual property and products, (iv) industry competition, (v) our need for and ability to obtain additional funding relative to our current and future financial commitments, (vi) engineering, contracting, and building our manufacturing facilities, (vii) our ability to scale, manufacture, and sell our products in order to generate revenues, (viii) our proposed business model and our ability to execute thereon, (ix) the ability to obtain the necessary approvals or satisfy any closing conditions in respect of any of our proposed partnerships, (x) our joint venture projects and our ability to recover certain expenditures in connection therewith, (xi) adverse effects on the Company’s business and operations as a result of increased regulatory, media, or financial reporting scrutiny, practices, rumors, or otherwise, (xii) disease epidemics and other health-related concerns and crises, which could result in reduced access to capital markets, supply chain disruptions and scrutiny, embargoing of goods produced in affected areas, government-imposed mandatory business closures and any resulting furloughs of our employees, government employment subsidy programs, travel restrictions or the like to prevent the spread of disease, or market or other changes that could result in non-cash impairments of our intangible assets, and property, plant and equipment, (xiii) the effect of the continuing worldwide macroeconomic uncertainty and its impacts, including inflation, market volatility and fluctuations in foreign currency exchange and interest rates, (xiv) the outcome of any SEC investigations or class action litigation filed against us, (xv) our ability to hire and/or retain qualified employees and consultants, (xvi) other events or circumstances over which we have little or no control, and (xvii) other factors discussed in Loop’s subsequent filings with the Securities and Exchange Commission (“SEC”). More detailed information about Loop and the risk factors that may affect the realization of forward-looking statements is set forth in Loop’s filings with the SEC. Investors and security holders are urged to read these documents free of charge on the SEC’s web site at http://www.sec.gov. Loop assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.

For further information:

For Bormioli Pharma, Hill and Knowlton:
Daniele Rurale
+39 346 5011546
daniele.rurale@hillandknowlton.com

Ilaria Carfì
+39 324 0114825
ilaria.carfi@hillandknowlton.com

For Loop Industries:
INVESTOR RELATIONS:
Kevin C. O’Dowd, Investor Relations
Loop Industries, Inc.
+1 617-755-4602
kodowd@loopindustries.com

MEDIA INQUIRIES:
Andrea Kostiuk, VP Marketing & Communications
Loop Industries, Inc.
+1 (450) 951-8555
akostiuk@loopindustries.com

NASDAQ-listed Agape ATP Unveils Expansion Plans and Green Initiatives at Opening Bell Ringing Ceremony

KUALA LUMPUR, Jan 24, 2024 – (ACN Newswire) – Homegrown Nasdaq listed Agape ATP Corporation (“ATPC” or the “Company”; NASDAQ: ATPC) announces the Company’s move to push forward its Sustainability Green Energy Initiative at the NASDAQ Opening Bell Ringing Ceremony hosted by ATPC at the Kuala Lumpur Convention Centre recently.

Datuk Ir. (Dr.) Khairol Anuar Mohamad Tawi, Pengerusi, SIRIM Berhad; YBhg. Datin Saidatul Badru Tun Said; YBhg. Puan Sri Datin Noraini Binti Mohd; YB Tan Sri Dato’ Johari Bin Abdul, Yang di-Pertua Dewan Rakyat; YBhg. Datin Sri Dr. Yvonne Teng; YBhg. Dato Sri Dr. How Kok Choong J.P., Founder & Global Group CEO, AGAPE ATP Corporation; Professor Dr. MD Nasir Ibrahim, Penasihat Koporate Agape ATP Corporation; Mr. Hiren Krishnani, NASDAQ ASEAN Investor Relations and IPO Director; YBhg. Dato’ Rohaizi bin Bahari, Pengarah Kanan Sektor Perdagangan Pengedaran dan Perniagaan (SDTP); Dr. Fernando Cortizo, Executive Director of Agape ATP Corporation [L-R]

The event held marks a significant milestone for ATPC and was attended by the Speaker of the Dewan Rakyat, YB Tan Sri Dato’ (Dr.) Johari Bin Abdul; Representing the Honourable Minister of Domestic Trade and Cost of Living YB Datuk Armizan Bin Mohd Ali is Senior Director, Trade, Distribution, and Business Sector, YBhg. Dato’ Rohaizi Bin Bahari; Chairman of SIRIM, YBhg. Datuk Ir (Dr) Khairol Nuar Mohamad Tawi; the NASDAQ ASEAN Investor Relations and IPO Director, Mr. Hiren Krishnani; and guests and business partners from Japan, Australia, Thailand, Singapore, Germany, the United States of America, China, Indonesia, and Taiwan.

Dato’ Sri Dr. How Kok Choong, Founder and Global Group CEO of ATPC said, ‘It is with great honour and immense gratitude that we welcome our distinguished guests, partners from around the globe, and the respected dignitaries of Malaysia to this momentous NASDAQ Opening Bell Ringing Ceremony. Your presence today is a testament to our shared vision for a sustainable future.”

Central to ATPC’s sustainability strategy is a Memorandum of Agreement with Volt Industries Sdn. Bhd. (“VOLT”) in November 2023, marking a significant milestone in both parties’ collaborative efforts. While the acquisition of a 51% stake in VOLT is currently its’ final stages, this partnership is expected to play a crucial role in ATPC’s Sustainability Green Energy Initiative. This initiative includes the development and installation of 50 Electric Vehicle (EV) charging stations in Pahang, Malaysia, which is already in development progress.

Meanwhile, following a Memorandum of Agreement signed in November 2023 between ATPC and Oriental Industries Enterprise Sdn. Bhd. (“OIE”), a specialist in the EV bike industry, both companies established a Special Purpose Vehicle (SPV), with each holding an equal of 50% share, focusing on the distribution and marketing of EV bikes. Highlighting this partnership, the Ceremony featured an impressive showcase of EV bike display which will go to market in key cities, especially in the Klang Valley region, after inspection and obtaining clearance from SIRIM.

Dato Sri How elaborated, “As we forge ahead with our pivotal collaborations with various companies, we are thrilled to be at the forefront of Malaysia’s green energy transition. Our initiative of establishing 50 EV charging stations in Pahang, coupled with the plans of establishing a 300 MWp solar farm in Sabah, is a bold stride towards our commitment to sustainable development. These efforts, enhanced by our partnerships, are a testament to how environmental sustainability and corporate growth can successfully coexist. We stand here today, poised for a future where green energy is not just an option, but a driving force for innovation and prosperity.”

Further contributing to this wave of sustainable initiatives, VOLT has independently signed a Memorandum of Understanding (MOU) with KAB Smart Solar Energy Sdn. Bhd. (“KAB Smart Solar”). This agreement opens avenues for collaboration in Engineering, Procurement, Construction, and Commissioning services specifically for Solar Photovoltaic systems, highlighting the synergy between VOLT’s EV charging station expertise and KAB Smart Solar’s proficiency in the realm of solar energy.

17th Asian Financial Forum opens today

The 17th AFF, themed Multilateral Cooperation for a Shared Tomorrow, is taking place at the HKCEC for two consecutive days. It is expected to attract over 3,000 finance and business elites, including more than 70 delegations from overseas and Mainland China, boosting the convention and exhibition industry’s contribution to economic growth
The opening day of the Forum featured a keynote luncheon speech by Prof Jeffrey D Sachs, President of the UN Sustainable Development Solutions Network. He discussed how Responsible Capitalism will foster public-private partnerships and promote sustainable development
Finance ministers from various countries gathered in the Plenary Session I – Charting the Path to a Shared Future to share how they collaborate in addressing global economic issues within limited fiscal space and resilience. In Plenary Session II – Finance for Sustainability and The Role of Multilateralism, speakers delved into the impact of multilateral cooperation on regional economic development, financial standards and sustainable finance
Tomorrow’s Forum promises equal appeal, with a keynote speech by Prof Douglas W Diamond, Nobel Laureate in Economic Sciences in 2022 and Merton H Miller, Distinguished Service Professor of Finance at the University of Chicago’s Booth School of Business. He will address prospects for multilateralism and modern finance

HONG KONG, Jan 24, 2024 – (ACN Newswire) – The 17th Asian Financial Forum 2024 (AFF), co-organised by the Hong Kong Special Administrative Region (HKSAR) Government and the Hong Kong Trade Development Council (HKTDC), opened today at the Hong Kong Convention and Exhibition Centre (HKCEC). With the theme Multilateral Cooperation for a Shared Tomorrow, the two-day Forum serves as the first major financial and business event in the region for 2024. Over 130 finance officials, international financial and multilateral organisations, financial institutions and private-sector leaders from around the world gather in Hong Kong as speakers. They analyse global economic dynamics, promote collaboration among stakeholders, explore sustainable economic development models and identify opportunities for multilateral cooperation.

The Forum is expected to attract over 3,000 finance and business elites, including more than 70 delegations from Mainland China, Southeast Asia, Japan, Korea, the Middle East, Australia, Europe, and the United States. The Forum aims to showcase the vibrancy of Hong Kong and promote the convention and exhibition industry to participants from all over the world as an economic growth driver.

The Opening Session of the Forum featured opening remarks by John Lee, the Chief Executive of the HKSAR, special remarks by Li Yunze, Minister, National Financial Regulatory Administration (NFRA) and welcome remarks by Dr Peter KN Lam, Chairman of the HKTDC. Dr Lam said: “A year post-pandemic, what we all are seeking are opportunities to grow and transform and create a better world for future generations. Opportunities that can only come to fruition as a result of sustained multilateral cooperation. Themed ‘Multilateral Cooperation for a Shared Tomorrow’, the Forum brings together leading policymakers and industry players from the world of finance and business to engage in meaningful, forward-looking conversations and find ways to collaborate for success on today’s most pressing issues.”

The two-day Forum encompasses diverse events, including plenary sessions, policy dialogue, keynote luncheons and business networking opportunities. Through meetings and exhibitions, it delves into global economic outlook, opportunities in China, investment prospects, green finance, financial technology, the ecosystem of family offices, renminbi internationalisation and financial development in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). These hot topics comprehensively showcase Hong Kong’s advantages as an international financial centre.

Diverse speakers from the Middle East and ASEAN for plenary discussions

This year’s Forum focuses on exploring opportunities in Mainland China, the Middle East and ASEAN. One highlight was the Plenary Session I – Charting the Path to a Shared Future, hosted by Christopher Hui, Secretary for Financial Services and the Treasury of the HKSAR. The session brought together financial officials from around the world to share their countries’ outlook on financial policies for this year. The guest speakers included Ali bin Ahmad Al Kuwari, Minister of Finance of Qatar; Julapun Amornvivat, Deputy Minister of Finance of Thailand; Mohamed Maait, Minister of Finance of Egypt; Suahasil Nazara, Vice Minister of Finance of Indonesia; and Marko Primorac, Minister of Finance of Croatia.

Following that, Eddie Yue, Chief Executive of the Hong Kong Monetary Authority, hosted a Policy Dialogue session Towards International Economic and Financial Cooperation. The session discussed how to maintain financial system stability amidst changes in monetary policies, fluctuations in commodity prices and frequent extreme weather events. The guest speakers in this session included Burkhard Balz, Member of the Executive Board of the Deutsche Bundesbank; Lkhagvasuren Byadran, Governor of the Central Bank of Mongolia; Thomas Helbling, Deputy Director of the Asia and Pacific Department at the International Monetary Fund (IMF); Ian Johnston, Chief Executive of the Dubai Financial Services Authority; and Scott Morris, Vice President of the Asian Development Bank. They exchanged valuable insights on issues such as how to respond to global financial crises through multilateral cooperation.

Prof Sachs from the UN analysed responsible capitalism

The Keynote Luncheon on the first day heard welcome remarks by Paul Chan, Financial Secretary of the HKSAR. This was followed by a keynote address from Prof Jeffrey D Sachs, President of the UN Sustainable Development Solutions Network. The speech explored how Responsible Capitalism could foster public-private partnerships and drive the economy towards sustainable development. Following Prof Sachs’ speech, Ronnie Chan, Chair of Hang Lung Properties Limited, moderated a discussion session.

Financial and business leaders discuss global economy, cooperation opportunities

The afternoon session began with the Panel Discussion on Global Economic Outlook, moderated by Victor Fung, Chairman of Fung Investments. The panel included esteemed speakers such as Lorenzo Bini Smaghi, Chairman of Société Générale; Jenny Johnson, President and Chief Executive Officer of Franklin Templeton; Chartsiri Sophonpanich, President of Bangkok Bank Public Company Limited; and José Viñals, Group Chairman of Standard Chartered plc. They shared insightful perspectives on prospects for the global economy and future policy directions.

The afternoon session continued with Plenary Session II – Finance for Sustainability and The Role of Multilateralism, once again hosted by Christopher Hui, Secretary for Financial Services and the Treasury of the HKSAR. The panel featured Muhammad Sulaiman Al Jasser, President of the Islamic Development Bank; Alexandra Jour-Schroeder, Deputy Director-General of the Directorate-General for Financial Stability, Financial Services and Capital Markets Union at the European Commission; Hala El Said, Minister of Planning and Economic Development of Egypt; and Dilma Rousseff, President of the New Development Bank. They delved into such topics as the impact of nearshoring, rising protectionism and multilateral cooperation on regional economic development, financial standards and sustainable financial development.

Empowering global economic integration by unleashing China’s potential

The Panel Discussion on Stewarding China’s New Chapter debuted this year, aiming to explore the potential of Mainland China’s market and analyse the role and advantages of Hong Kong under strategic initiatives launched by the mainland. The session was moderated by Fan Gang, President of the China Development Institute, and featured prominent figures from the financial and business sectors who are well-versed in Chinese market trends. They shared insights on how businesses worldwide could seize opportunities presented by the rapid development in Mainland China. The guest speakers included Jan Craps, CEO & Co-Chair of Budweiser APAC and APAC CEO AB InBev; Fang Feng-lei, Founder and Chairman of Hopu Investments; Liu Yang, Chairperson and Chief Investment Officer of Atlantis Investment Management; Jung-Ho Rhee, Vice Chairman of Mirae Asset Securities; and Anil Wadhwani, Chief Executive Officer of Prudential plc.

The first day of the Forum also heard the results of a joint market survey by the HKTDC and Knowledge Partner PwC on the financial industry’s views on application of artificial intelligence. Raymund Chao, Chairman of PwC Asia Pacific and China, pointed out during the Forum that the survey revealed a growing prevalence of AI applications in financial services. Survey findings emphasised the importance for the industry of seizing opportunities and harnessing the developmental potential of AI more effectively.

Thematic sessions discussed topics trending across the world, covering the global economic outlook, impact of sustainability on insurance and capital markets, as well as collaborative opportunities in asset and wealth management. Additionally, Global Spectrum, Dialogues for Tomorrow, and Fireside Chat sessions brought together pioneers from different industries to delve into current hot topics such as next-generation entrepreneurship, cybersecurity, food supply and Islamic finance.

Unlocking investment opportunities with over 400 projects at AFF Deal-making

To facilitate substantial cooperation, the HKTDC and Hong Kong Venture Capital and Private Equity Association (HKVCA) are co-organising AFF Deal-making. This platform enables participants to engage in one-on-one meetings, connecting them with funds and investment projects from around the world. The event focuses on key industries such as financial technology, environment, energy and clean technology, medical technology, deep technology and food and agriculture. This year’s AFF Deal-making has attracted over 200 investors and more than 400 projects. Following conclusion of the Forum tomorrow, participants can use the deal-making online platform for virtual meetings until 30 January (Tuesday) to continue exploring key opportunities in different fields.

Creating business connections through multiple exhibition zones

The Forum continues to feature exhibition zones including Fintech Showcase, Fintech HK Startup Salon, the InnoVenture Salon and Global Investment Zone which bring together over 100 exhibitors, including local and global financial institutions, technology companies, start-ups, investment promotion agencies and sponsors. Participants include knowledge partner PwC, along with HSBC, Bank of China, Standard Chartered Bank, UBS, China International Capital Corporation (CICC), Huatai International and Cyberport.

The Global Investment Zone features participation from countries and regions including Canada, Dubai, Egypt, Finland, Kuwait, Luxembourg, Mainland China, Malaysia, Mauritius, Portugal, Spain and the UAE. Investment promotion agencies introduce local investment environments and potential projects on-site. The InnoVenture Salon is dedicated to supporting start-up development and provides a platform for more than 100 start-ups to connect with international investors and potential partners. At the FintechHK Startup Salon 60 enterprises from Hong Kong, Australia, Austria, France, Japan, Korea, the Mainland, Singapore, Thailand, the United States and Vietnam showcase innovative concepts in areas such as AI, blockchain, insurtech, payment technology, regulatory technology and wealthtech.

Momentum continues at key sessions tomorrow

AFF continues tomorrow with rich content, including diverse thematic discussion sessions and workshops that comprehensively analyse trends in capital markets, RMB internationalisation, philanthropy, green smart cities, financial technology, healthcare investments and more. A highlight will be the lunch session where Prof Douglas W Diamond, Nobel Laureate in Economic Sciences in 2022 and Merton H Miller, Distinguished Service Professor of Finance at the University of Chicago’s Booth School of Business, will deliver a keynote speech on multilateral cooperation, deconstructing the phenomenon of global geopolitical fragmentation.

A highly anticipated session is the Dialogue with Bob Prince, featuring Mr Prince, Co-Chief Investment Officer of Bridgewater Associates, the world’s largest hedge fund. He will share his investment insights and views on multilateral cooperation. Another new session, CIO Insights, will also take place tomorrow morning, bringing together chief investment officers from internationally renowned institutions to share their experiences in guiding asset allocation and investment decisions during economic uncertainty. Other featured AFF guests tomorrow include Susan Chan, Senior Managing Director, Head of Asia Pacific, Head of Investments, Asia Pacific of BlackRock; René Buehlmann, Chief Executive Officer, Investments of abrdn plc; Janet Perumal, Senior Managing Director, Wellington Management Company; and Min-Lan Tan, Head of Chief Investment Office APAC of UBS AG.

To allow overseas participants to experience the vibrant colours of Hong Kong and promote the conference and exhibition economy, the organisers have collaborated with several organisations to offer exclusive experiential activities for those visiting Hong Kong, including free admission to the Hong Kong Palace Museum, Hong Kong’s iconic Aqua Luna red-sail junk boat, TramOramic tour, and open-top Big Bus arranged by the Hong Kong Tourism Board. In addition, they can enjoy dining discounts at various restaurants and special offers at local tourist attractions, as well as participate in guided tours.

Photos Download: https://bit.ly/428McIg

The 17th Asian Financial Forum kicked off today at the HKCEC. The Forum runs for two consecutive days under the theme Multilateral Cooperation for a Shared Tomorrow

John Lee, Chief Executive of the HKSAR, delivered opening remarks

Dr Peter KN Lam, Chairman of the HKTDC, delivered welcome remarks

Li Yunze, Minister of National Financial Regulatory Administration (NFRA) delivered the special remarks in the Opening Session

Paul Chan, Financial Secretary of the HKSAR, participated in the Keynote Luncheon of the first day Forum and delivered the welcome remarks

Prof Jeffrey D Sachs, President of the UN Sustainable Development Solutions Network, delivered the keynote address

Christopher Hui, Secretary for Financial Services and the Treasury of the HKSAR (left), hosted two Plenary Sessions at this year’s AFF

This year’s AFF Deal-making has attracted over 200 investors and more than 400 projects. Following conclusion of the Forum tomorrow, participants can use the deal-making online platform for virtual meetings until 30 January (Tuesday) to continue exploring key opportunities in different fields

Websites
Asian Financial Forum: https://www.asianfinancialforum.com/aff/
Programme: https://www.asianfinancialforum.com/conference/aff/en/programme
Speaker List: https://www.asianfinancialforum.com/conference/aff/en/speakers

Media enquires

Yuan Tung Financial Relations:
Anson Wong, Tel: (852) 3428 3413, Email: awong@yuantung.com.hk
Tiffany Leung, Tel: (852) 3428 2361, Email: tleung@yuantung.com.hk
Hing-fung Wong, Tel: (852) 3428 3122, Email: hfwong@yuantung.com.hk

HKTDC’s Communications & Public Affairs Department:
Katy Wong, Tel: (852) 2584 4524, Email: katy.ky.wong@hktdc.org
Snowy Chan, Tel: (852) 2584 4525, Email: snowy.sn.chan@hktdc.org

HKTDC Media Room: http://mediaroom.hktdc.com

About HKTDC

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn

Root Protocol Raises $10 Million at $100M Valuation to Build a User-based Operating System and Mission Control for Web3

NEW YORK, Jan 24, 2024 – (ACN Newswire) – Recently, Root Protocol announced the close of $10M in funding across two rounds, bringing the total valuation of the project to $100M.

The funding rounds, which gave Root Protocol a $100 million valuation, were led by Animoca Brands and included contributions from a slew of other notable investors, including Shima Capital, DFG Group, Signum Capital, Ankr Network, Digital Strategies, CMS Holdings, Double Peak, GenBlock Capital, Cypher Capital and Basics Capital. New investors announced are Dao5 and Gate Labs Ventures.

The founding team members, collaborators and advisors of Root Protocol are from Consensys, Bankless Ventures, Ontology, Polygon, CoinShares, Morgan Stanley, DCG, Stanford University and MIT, and are a group of longtime crypto and Web3 builders and enthusiasts. Highlighted Advisors and Angels include Meltem Demirors, Evin McMullen, Ben Lakoff, and Tekin Salimi.

Root Protocol’s raise comes as the market sees renewed interest into decentralized identity protocols, especially those that saw high growth during the bear market: Root Protocol’s B2C product, Isme.is, has almost 500,000 unique and human readable .isme (e.g. satoshi.isme) DID accounts claimed and over 250,000 verified (via social linkages) DID accounts active.

“We are confident in the vision of data sovereign individuals and so are our great investors and collaborators. Just like the traditional banking model had been revolutionized by crypto, the dominant web2 platform model will be revolutionized by DIDs, blockchain technology, and users having data sovereignty and data leverage-ability, whether on-chain or off-chain. Thankfully, some of the key building blocks are now well in place for us to achieve this fully: Our new architecture built on the top of Layerzero (interoperability) and Celestia (Rollup & DA). Root Protocol is the root of Web3.”,CEO and Co-Founder Dylan Dewdney

According to CoinDesk “Funding in Web3 projects saw a decline during the bear market of the last 18 months as they were possibly seen as risky and unproven by investors. Root Protocol raising a healthy sum at the seed stage may then be a sign that things have changed.”

This fresh capital will help Root Protocol in their new, more comprehensive vision of building an operating system with the composition of an intent-centric aggregator of digital identity, social network, and more, to enable unified access to Web3. It consists of four main components, including the Root Operation Executor, Root Chain (Rollup), Root Account, and Root Indexer, all of which operate together to facilitate effortless interoperability, scalability, and composability. They believe that most of the complexities of an any online experience that utilizes web3 technologies can be abstracted away at the user account level, where they can have a UI and UX that is tantamount to a Web3 back-ended, data sovereign, and individual mission control type of setup.

At the highest level, Root Protocol wants to put you in full control of your digital identity and become a one-stop station for all things decentralized identity for the next billion users engaging with the new architecture of the internet — Web3.

Media Contact
Company: Root Protocol
Contact: Media Team
Website: https://root.xyz/

SOURCE: Root Protocol

The article is provided by a third-party content provider. SeaPRwire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith.

Sectors: Top Story, Corporate News

SeaPRwire provides real time press release distribution for companies and organizations to 6,500+ media outlets & 3.5 million professional desktops in 90 regions. It distributes press releases in different languages, including: IndonesiaFolk, IndoNewswire, SEATribune, IDNewsZone, LiveBerita, DailyBerita, TaiwanPR, SinchewBusiness, AsiaEase, BuzzHongKong, SingapuraNow, TIHongKong, TaipeiCool, TWZip, AsiaFeatured, dePresseNow, THNewson, KULPR, VNFeatured, MENAEntry, HunaTimes, DubaiLite, ArabicDir, BeritaDaring, TekanAsia, JamKopi …

New Research Reveals Education’s Potential in Reducing Violence and Advancing Peace

LONDON, Jan 24, 2024 – (ACN Newswire) – The Global Partnership for Education (GPE), and the Institute for Economics & Peace (IEP), have released new research providing compelling evidence of the strong relationship between education and peace. Released on the International Day of Education, the analysis demonstrates how improvements in education levels are closely linked to more peaceful societies.

The past decade has been marked by lethal conflicts, crises and wars. Across the globe, wars keep taking countless lives, displacing civilians from their homes and leaving many more in a dire need of life-saving assistance. There is an urgent need to rebuild the foundations that can underpin lasting peace, and yet too often one of the most crucial of these, education, is often relegated to a development afterthought.

“This year began with a dismal global outlook for peace, but we can restore hope by urgently investing more in education,” said Laura Frigenti, GPE Chief Executive Officer. “It is time we heeded the mounting evidence that education is a smart, mutually sustaining investment in prosperity and peace.”

While the disastrous impacts of conflict on education are widely acknowledged, research on the reciprocal relationship between peace and education has been sparse and outdated. To fill this essential knowledge gap and provide evidence to drive sound policies, the GPE has partnered with the IEP to break down and better understand the relationship between education and peace.

Key finding: Countries with higher primary school completion rates are in general more peaceful. Conversely, countries that enjoy high levels of peacefulness have secondary school completion rates of 99 percent. On the other hand, countries that suffer from low levels of peacefulness have on average secondary school completion rates of only 52 percent.

Countries with high education levels enjoy more overall social and political stability, and the opposite is also true: countries with low education levels tend to experience a higher occurrence and intensity of internal conflict. In other words, better performance in education can reduce the severity and duration of societal violence and save lives.

Improvements in peace indicators see more investment in education. Countries that invest more in education enjoy higher levels of peacefulness. For example, in 2020, Namibia, one of the most peaceful countries in Africa, had the sixth-highest rate of government investment in education globally as a percentage of GDP.

Mounting evidence has shown that investing in education is essential for peacebuilding. There is an urgent need to ensure adequate resources are channeled to education. This can allow governments, donors and international organizations to live up to their collective responsibility of giving every girl and boy the opportunity to get the knowledge and skills they need to usher in a more peaceful and prosperous future.

For more information, visit globalpartnership.org and visionofhumanity.org.

NOTES TO EDITORS

About Global Partnership for Education (GPE): GPE is a shared commitment to ending the world’s learning crisis. We mobilize partners and funds to support nearly 90 lower-income countries to transform their education systems so that every girl and boy can get the quality education they need to unlock their full potential and contribute to building a better world.

About Institute for Economics & Peace (IEP): IEP is an independent, non-profit think tank dedicated to shifting the world’s focus to peace as a positive, achievable, and tangible measure of human well-being and progress. It achieves its goals by developing new conceptual frameworks to define peacefulness; providing metrics for measuring peace; and uncovering the relationships between business, peace, and prosperity as well as promoting a better understanding of the cultural, economic, and political factors that create peace.

Contact Information

Mike Koslowski
IEP Senior Communications Advisor
mkoslowski@economicsandpeace.org
+61418410531

Tamara Kummer
GPE Head of Communications
tkummer@globalpartnership.org
+1 202 948 5395

SOURCE: Institute for Economics & Peace

View the original press release on newswire.com.

Suzhou Pinyu Precision Mechanical Co., Ltd., Parent Company of SOTSU, Visited by SAP Greater China

SUZHOU, CHINA, Jan 23, 2024 – (ACN Newswire) – Suzhou Pinyu Precision Mechanical Co., Ltd., parent company of SOTSU, welcomed Michael Locher-Tjoa, COO of SAP Greater China on January 11, 2024. Mr. Locher-Tjoa met with Pinyu and SOTSU CEO Jerry Ruxun Dong while also touring Pinyu and SOTSU’s manufacturing, design, engineering, assembly and operation facilities. Jerry introduced Pinyu and SOTSU’s vision to Michael: “We create innovative products that help people travel lighter, move faster and learn easier. We want to build ‘Made-in-China’ into ‘Designed-in-China’ and ‘Innovated-in-China.'”

Jerry Ruxun Dong, CEO of Pinyu and SOTSU, shaking hands with Michael Locher-Tjoa, Chief Business Officer of SAP Greater China

Pinyu recently launched SOTSU, the maker of SOTSU Portable FlipAction Monitor 16, the world’s first even-bezel portable monitor, a premium portable monitor that is made with aerospace grade aluminum parts with a 270-degree pivot, comes with a SD slot and a detachable base stand along with two-way passthrough daisy chain charging capabilities. SOTSU is also the creator of SOTSU First Edition Trading Card Game (TCG), the world’s first popular manufacturing business TCG which combines real world manufacturing and business concepts creating a one-of-a-kind TCG, collector’s item and an educational tool.

“We do not stop at good enough, we benchmark ourselves against the very best in the world because we control the entire product cycle, from a blank piece of paper to scaled production and final assembly. SAP is the world’s best ERP system. As we move forward with our digital transformation, we can count on SAP to be with us every step of the way. Putting it simply, SAP cares about its customers,” says Jerry Ruxun Dong.

For additional information, please contact Pr@Pinyu.co

Website: www.pinyu.co; www.sotsu.com

Contact Information
SOTSU Brand
pr@pinyu.co

Related Images

Jerry Ruxun Dong, CEO of Pinyu and SOTSU, shaking hands with Michael Locher-Tjoa, Chief Business Officer of SAP Greater China

SOTSU Portable FlipAction Monitor 16SOTSU Portable FlipAction Monitor 16, the world’s first even-bezel portable monitor, a premium portable monitor that comes in three colorways: Universe Black, Granite Gray and Arctic Blue.

SOTSU First Edition Trading Card Game

SOTSU First Edition Trading Card Game, the world’s first popular manufacturing business TCG which combines real world manufacturing and business concepts creating a one-of-a-kind TCG, collector’s item and an educational tool.