HONG KONG, Jan 2, 2024 – (ACN Newswire) –OnDecember 31, 2023, Bona Film Group Co., Ltd. (001330.sz) (the “Bona”), a well-known film group company in China with a whole industry chain layout, today announced that it has extended and expanded its relationship with TSG Entertainment Finance LLC (the “TSG”), a leading film and entertainment company. Bona has previously co-invested with TSG in a slate of films including The Martian, Independence Day: Resurgence, The Greatest Showman, War for the Planet of the Apes, Miss Peregrine’s Home for Peculiar Children, Alien: Covenant, X-Men: Apocalypse.
“Bona is positioned as an international film company, and in the future, we hope to shoot diverse and international genres of movies. We are very excited to continue our eight-year partnership with TSG.” said Bona’s founder, Chairman and CEO, Mr. Yu Dong. “Through this expanded venture, Bona will become a new participant via TSG in the Avatar and Deadpool franchise and continue our involvement in The Planet of The Apes and Alien franchise in addition to many other dynamic upcoming films”
Chip Seelig, Managing Member of TSG Entertainment said, “I am thrilled to continue our partnership with Bona and Yu Dong, one of our oldest and most important relationships in the film industry. The Chinese market provides us with rare opportunities, and we also hope to help further develop the Chinese market.”
SHENZHEN, Jan 2, 2024 – (ACN Newswire) – On 29 December, 2023, PharmaGend Global Medical Services Pte. Ltd. (“PharmaGend”), jointly invested by China Medical System Holdings Limited (“CMS”), through its wholly-owned subsidiary CMS MEDICAL VENTURE PTE. LTD., and its non-wholly owned subsidiary Rxilient Health Pte. Ltd., with Pharmaron (Hong Kong) International Limited (“Pharmaron”) * and Healthy Goal Limited (“Legend Fund”), has entered into a lease agreement for the building and property located in Tuas, Singapore and completed the purchase of certain production machines and equipment from Strides Pharma Global Pte. Ltd. ( defined as “Singapore manufacturing plant ”).
Based on over 30 years of global investment and acquisition experience and proven commercialization capabilities, CMS actively implements an internationalization strategy starting from Southeast Asia with the mindset of openness and collaboration. The acquisition of Singapore manufacturing plant will be able to optimize the layout of the CMS’s overseas supply chain and production capacity, ensure the safety of the international supply chain and improve supply stability. In addition, it will help CMS to carry out product cooperation with global partners in the future and promote more cooperation opportunities.
The Singapore manufacturing plant has advanced manufacturing machines, equipment and first-class infrastructure. It had been approved by Health Sciences Authority of Singapore (HSA), U.S. Food and Drug Administration (FDA) and Therapeutic Goods Administration of Australia (TGA). It will serve as the plant and site for PharmaGend to carry out pharmaceutical formulation, finishing, and packaging business, accelerating the formulation Contract Development and Manufacturing Organization (formulation CDMO) business development in Singapore. These progresses will promote the globalization, high-quality, and sustainable healthy development of cooperative parties, and are expected to improve the accessibility of high-quality drugs with unmet clinical needs in emerging markets.
Additionally, CMS is gradually building up a systematic platform in Southeast Asia integrating product introduction, development, manufacture, formulation CDMO, marketing and promotion. The smooth progress of the formulation CDMO cooperation is of great significance to CMS in accelerating its business development in Southeast Asia. Relying on Singapore’s advantages in location, policy and talents, CMS will fully synergize with Pharmaron’s rich global R&D and international CDMO operation capabilities and experience as well as Legend Fund’s capital market influence, to efficiently promote the clinical development and commercialization of innovative products. It is expected to help global pharmaceutical companies to quickly enter the Southeast Asian market, while empowering Chinese pharmaceutical companies to achieve more efficient and high-quality international development, building a medical innovation ecosystem that is mutually beneficial.
CMS Stated: Pharmaron is an internationally leading service provider for new drug development and production, providing high-quality services to global companies and helping to reduce costs and increase efficiency of R&D in the pharmaceutical industry. Legend Fund has strong capital market influence and rich healthcare industry resources. This cooperation maximizes advantage of each party, and we will leverage Singapore’s favorable geographical and market environment, jointly promote the development and production of high-quality pharmaceutical products, introduce global novel and quality drugs that meet clinical needs to Southeast Asian patients, safeguarding patients’ quality of life.
*PharmaGend is 33.8% owned by CMS’s wholly-owned subsidiary, and 11.2% owned by Rxilient Health, 35% owned by Pharmaron, and 20% owned by Legend Fund.
DUBAI, Jan 2, 2024 – (ACN Newswire) – As 2023 draws to a close, Trescon reflects on a year that was filled with innovation, pioneering concepts, impactful initiatives and transformative platforms that are further driving the global digital transformation journey. Going beyond the mere exhibition of next-gen solutions, Trescon’s events embraced a holistic vision, nurturing communities, championing inclusivity, and propelling positive change through the power of innovation.
A Celebration of Record-Breaking Achievements
2023 saw Trescon scaling unprecedented heights:
Hosting a total of 17 future tech events, including 15 trailblazing showcases and successfully managing 2 government initiatives, Dubai FinTech Summit and Future Sustainability Forum, amplifying our impact across diverse tech and sustainability spheres
Hosting over 20 Ministers, Governors & Deputy Ministers around the globe
Having achieved a remarkable success in launching DATE (Digital Acceleration and Transformation Expo) as a dynamic platform for B2B technology to help propel transformative solutions across every industry
Witnessing an impressive gathering of 28,000+ stakeholders representing the vanguard of innovation and change, 15,000+ c-level executives, along with 2,600+ investors, 500+ exhibitors, 200+ start-up companies, forming partnerships with over 1,000+ industry-leading entities, and a participation of 100+ countries.
Beyond the Bits and Bytes: A Spotlight on Social Impact
While innovation was at the core, Trescon recognized the immense power of technology to drive positive change.
Driving change: As the focus of the globe is shifting towards a sustainable future, Trescon leveraged its expertise towards a focus to champion inclusivity and diversity in tech through its foundation and the launch of the Women in Media Council. A key highlight was the launch of the Smart 1,000 classroom initiative (a partnership initiative between Trescon Foundation and Yuva Unstoppable) to transform 1,000 schools in rural areas of India.
Fortifying the tech landscape: Doing our bit towards creating a safe cyberspace, Trescon’s platform has been used by leading thought leaders to advocate ethical practices in the emerging tech space. One key highlight of the year was Trescon’s support to the launch of a security awareness book titled Cyber Safe Girl in English & Arabic.
Talking about the future, Naveen Bharadwaj, Group CEO of Trescon, said,” 2024 heralds a pivotal phase for Trescon, marked by a profound commitment to innovation with a purpose. We’re poised to help innovators play a central role towards a digitized future, crafting solutions that not only revolutionize industries but also nurture a planet in need. Our vision is clear: to redefine the role of technology, shaping a future where innovation harmonizes with sustainability, propelling us towards a world enriched by responsible advancements.”
Another step in their expansive strategy, In 2023, Demandify Media, a Trescon company, became the leading Account-Based Marketing and Demand Generation partner for fast-growing tech firms, serving over 250 clients. Playing a crucial role in helping organizations achieve their goals through effective GTM strategies, Demandify Media is set for an ambitious expansion into Europe and North America in 2024. This move underscores their commitment to delivering their unmatched services on a global scale, reinforcing their position as an essential partner for tech companies aiming for rapid growth.
A Beacon of Inspiration for the Future:
As we gear up to prepare and embrace 2024, Trescon looks to the future with unwavering optimism towards being a beacon of innovation and social progress while strengthening our ties to the community. In the words of Mithun Shetty, the Vice Chairman of Trescon, have said, “Remember how we bridged distances, sparked friendships, and made tech magic happen? That’s the power of our community! Now, let’s recharge and gear up for an even more thrilling adventure in 2024!”
The achievements of 2023 fuel our anticipation for what lies ahead—a future ripe with fresh opportunities and pioneering advancements. Sharing his sentiment Mohammed Saleem, Founder and Chairman of Trescon said, “Looking back at 2023, it’s not just the numbers that make us proud.”
He further added, “It’s the stories of lives transformed, the connections forged, and the positive impact we’ve made together. In 2024, we’ll continue to shine a light on the brightest minds in tech, but we’ll also ensure that those lights illuminate a path towards a more equitable, sustainable, and innovative future for all.”
Looking ahead, Trescon reiterates its unwavering dedication to pioneering innovation and fostering a collaborative spirit. The remarkable strides made in 2023 propel us toward an exciting horizon. Together, let’s steer the course towards an era where technology knows no bounds and shapes a world of endless possibilities.
About Trescon
Trescon is a pioneering force in the global business events and services sector, driving the adoption of emerging technologies while promoting sustainability and inclusive leadership.
Our summits, expos, and conferences create real economic impact by connecting and empowering the key ecosystem of government organisations, regulators, enterprises, corporates and more. With the help of our 250+ employees across offices in 6 countries, several of our clients have quadrupled their leads, shortened sales cycles by half or less, entered markets three times faster, closed deals within unimaginable timelines and grown their businesses ultimately.
For media inquiries and further information, please contact: Shadi Dawi Director, Public Relations & Partnerships – MENA shadi@tresconglobal.com +971 55 498 4989
LAGOS, NG, Jan 1, 2024 – (ACN Newswire) – Some 20+ years ago, in what keen observers have described as a “leapfrog” and as “the telecom revolution”, Nigeria leapfrogged from 400 thousand landlines to 80 million mobile lines in months. It remains the largest singular developmental stride Nigeria has taken in its 63 years of existence. Structured mass adoption of new technology enabled Nigeria to circumvent normal step-by-step processes to arrive at its destination ahead of time, and ahead of others who were there before them in the Telecom Industry.
Deploying similar strategies,Nigeria can achieve similar outcomes in Clean Energy and Power, and in different areas of Technology. Take Artificial Intelligence (AI). McKinsey estimates that by the year 2030, the global AI economy will be at $16 trillion annually. (That’s larger than the entire American economy!)
So what will it take for Nigeria to stamp the AI revolution like we did in the Telecoms revolution?
I put this question to Ray Sharma a few weeks ago over dinner in an artsy and eclectic restaurant in London’s Tech City or Silicon Roundabout. Ray is one of earth’s most aggressive Technology Venture Capitalists with successes that include Expedia and Tinder. Ray agreed with me that primarily, it will take human resource.
Human resource is Nigeria’s abundant blessing. After India and China, Nigeria has the highest number of skilled Tech workforce in the diaspora. That’s an army waiting to be unleashed on the innovative gateway.
What about the in-country population? A whopping 160 million youth – below the age of 35. The vast majority of whom are smart, hungry, innovative, and trainable. Such a resource wealth can catapult any nation on earth when intention and strategy align. Recruit them and funnel them into Frontier Technologies. AI. Blockchain. Robotics. IoT, and the like.
Should Nigeria unleash her potential upon the AI space, with a modest ambition to capture 0.1% of the value of that emerging industry, in just 5 years, she would have created a $16 billion a year industry. And from just AI! Add Blockchain Technology, Fintech, IoT, Robotics, Clean Tech, Methanol and Hydrogen Production, etc, then you begin to envisage a horizon of endless possibilities.
What’s my point?
With her huge, young, smart, innovative and teachable workforce, plus a seemingly insatiable global tech market, Nigeria could create the kind of alternative national wealth and economy that will dwarf her entire budget and present economy.
Technology enables us to leapfrog, to deliver a Technology revolution, and create a new Nigeria with our international partners.
EdenBase (with Domineum) is partnering with us to create Tech Ecosystems like it did with London Tech City and in Switzerland. We are building out manufacturing capacity for Methanol and EV lithium-ion batteries. These will lay the foundation for our proposed AI-driven Renewable Smart Mini Grids to power our Innovation Parks and Tech Cities plus trigger massive manufacturing (Additive and Green) in partnership with Germany’s IMAPS Institute for Material Applications. We are building out the BPO (and other outsourcing) industry and will partner to prepare millions of Nigerian youth for careers in diverse technology-driven spaces ranging from the soft (data, AI, blockchain, etc) to the hard (hardware skills, welding, digital production, etc). We have partnered to develop and launch the world’s first mass V2X project where we manufacture/assemble Electric Vehicles (EV), powered by Renewable Energy (RE) with bi-directional charging/discharging capabilities that enables your EV to act as a generator that powers homes or factories after performing its ‘car duties’ of ferrying you around. Now that’s what a leapfrog looks like.
Clean energy and Intelligent RE Minigrids – powering and driving manufacturing. Productive Tech ecosystems – partnering world class institutions to trigger innovative startups on scale. These will drive the unleashing of the creativity of Nigeria’s enormous, smart, innovative and youthful population. They, in turn will drive the emergence of the new Nigerian economy, independent of fossil fuels, and constructed on the altar of Innovation, Science & Technology.
In 2024, Nigeria is truly open for business – the Business of Technology, Clean Technology. Those who missed the opportunities unearthed by Nigeria’s telecom revolution some two-decades ago, now have the opportunity to get on board this boundless Tech Revolution in the largest untapped single market on planet earth.
Is it possible to deliver these and more on scale? Can Nigeria leapfrog her way to near the front of the line in clean energy and power generation, green manufacturing and outsourcing?
You bet!
And in Nigeria’s Ministry of Innovation, Science and Technology, Minister Uche Nnaji is betting on it too.
Contact: Emeka Orjih, MBA (Wharton), Technical Adviser on International Cooperation & Finance to the Minister of Innovation, Science and Technology, Nigeria. emeka.orjih@scienceandtech.gov.ng
The Federal Ministry of Innovation, Science and Technology, Nigeria is one of the strategic Ministries of Government with the responsibility of facilitating the development and deployment of Innovative Science and Technology to enhance the pace of Socio-economic development of the country. www.scienceandtech.gov.ng
BEIJING, Dec 28, 2023 – (ACN Newswire) – Three years after its debut publication, The Wisdom of Life by Chinese author Li Yiheng has found a passionate global readership that continues to propel the book into the international spotlight. Originally released domestically in 2020 by Beijing-based publisher Sage World Culture Communication Co., the expansive volume has recently enjoyed a groundswell of praise from literati across continents. Encompassing over two decades of Li’s academic devotion, the opus has progressed from obscurity to international renown at record pace. Its swelling chorus of admirers now hail the tome as a culturally enlightened tour de force bound for widespread influence.
Li Yiheng, the author of the book, published by Beijing Sage World Culture Communication Co., Ltd. in 2020, dedicated over two decades to his work. Committed to revitalizing Chinese culture, he embarked on extensive journeys through developed countries in the East and West to immerse himself in local cultures and traditions. His quest led him to engage with eminent historians, resulting in the resurrection of the profound wisdom embedded in Chinese culture, such as Confucianism, Taoism, and the Art of War. Through his exhaustive efforts, Li Yiheng meticulously crafted scholarly masterpieces and ultimate editions of the “Analects of Confucius,” “Tao Te Ching,” and “Sun Tzu’s Art of War.” The culmination of these endeavors gives birth to The Wisdom of Life.
The author aspires to disseminate the profound wisdom and cultural treasures of ancient China for the betterment of humanity, envisioning a world where common values unite us all. The book points out that the pursuit of peace has been a universal theme throughout the 5,000 years of human civilization. Amidst the tapestry of history, the perennial challenges of human selfishness, greed, deceit, intergroup aggression, international plundering, wars, pestilence, and power dynamics have perennially imperiled humanity’s survival. The unchecked exploitation of the environment and nature, driven by selfish desires and unrestrained technological advancement, threatens to push society to an extreme.
The author meticulously analyzes the means to eradicate injustice and spare humanity from the ravages of war, aiming for a world where everyone has enough to eat and thrive. Drawing inspiration from the Chinese Analects of Confucius, Tao Te Ching, and Sun Tzu’s Art of War, the book envisions an ideal societal state characterized by “the old at peace, friends trustworthy, and the young embraced.” It seeks the pinnacle of social harmony where conflicts are resolved without resorting to aggression, epitomized by the concept of “defeating the enemy without a fight.” This vision presents a utopia, a beacon of global peace longed for by all of humanity.
The profoundness of Chinese culture, with its 2,500-year-old legacy embodied in the Analects of Confucius, Tao Te Ching, and Sun Tzu’s Art of War, continues to influence successive generations. For three millennia, seers from diverse cultures – from the French Nostradamus to contemporary figures like American Jenny Jackson and the Russian “Martian Boy” Poleska – have predicted a force and ideas emanating from the East that would bring about global peace, reshape human civilization, and usher in a new paradigm of world development.
The book emphasizes the ancient wisdom of China, encased in the profound theories of Confucianism, Taoism, and the Art of War, which will captivate the world’s attention. It foresees a future where humanity transcends resource competition, ethnic conflicts, and national disputes, ushering in an era devoid of wars, illnesses, and suffering. This narrative aligns seamlessly with ancient Eastern prophecies such as the Song of Ten Thousand Years, the Lesson Before the Horse, the Pushback Diagram, and the Song of the Burnt Cake, all of which began appearing in China 3,000 years ago and are now finding resonance in contemporary events.
The comprehensive Wisdom of Life systematically examines the 5,000-year arc of human development, advocating for a world liberated from war, disease, and poverty, with peaceful coexistence as its central theme. The author acknowledges the eligibility for simultaneous nomination by the Nobel Literature, Medicine, and Peace Prize, alongside an application for recognition as an Intangible Cultural Heritage — a potential milestone in the annals of human achievement.
Li Yiheng’s The Wisdom of Life paints a world transformed by the ancient principles of Chinese philosophy – a world where peace is paramount, and conflicts dissolve through wisdom rather than warfare. His conviction that peace can prevail through the timeless knowledge imparted by sages forms the cornerstone of his work. With its analysis spanning three millennia, including ancient prophecies and canonical texts, the book elevates Chinese intellectual traditions as vital tools for carving a world devoid of conflict and suffering. The intricate fabric of insights Li weaves intersects the prestigious domains of Nobel-recognized literature, medicine, and peace, while aspiring for the honor of being designated as an element of Intangible Cultural Heritage, marking a transformative moment in humanity’s narrative.
Beijing Sage World Culture Communication Co., Ltd. is an esteemed cultural institution dedicated to the preservation, promotion, and dissemination of traditional Chinese wisdom and philosophy. With a deep-seated commitment to cultural education and international exchange, Beijing Sage World serves as a bridge connecting China’s rich historical heritage with the modern world.
HONG KONG, Dec 28, 2023 – (ACN Newswire) –In the technology wave of 2023, artificial intelligence has stepped into a new era alongside humanity. With ChatGPT and AIGC leading the trends, an unprecedented technology feast is unfolding, marking an accelerated phase in the development of the robot industry. In addition to cutting-edge technologies such as humanoid robots and robotic dogs, commercial robots that focus on specific scenarios are also popping up in front of people like mushrooms after rain. Standing at a new historical crossroads, we not only face infinite possibilities but also uncountable challenges of the future.
Donglin Ren, managing partner of Mimir Capital and president of Mimir Research (Left), Wang Xuesong, founder and CEO of IKitbot (Right)
Under this circumstance, Shenzhen Artificial Intelligence Industry Association and Mimir Research co-hosted ” 2024 International Conference on Artificial Intelligence – Online Forum on the Robot Industry” broadcast live on the innoHere platform. Donglin Ren, managing partner of Mimir Capital and president of Mimir Research, chairs the meeting. We are pleased to have Industry leaders such as Ai Mingming, Marketing Director of Excelland AI’s Outdoor Business Unit, Liu Bing, Marketing Director of Multiway Robotics, Wang Xuesong, Founder & CEO of iKitbot;, and Cheng Qiao, Vice President of Fubaorobot, shared recent technological breakthroughs, product innovations, and application scenarios with us.
Additionally, “The 5th Shenzhen International Exhibition on Artificial Intelligence” will be held in Shenzhen from May 29-31, 2024, concurrently with “2024 International Conference on Artificial Intelligence.” This online forum, themed “Intelligence+ Era, The Rise of Machines,” is part of a series of related activities.
Wang Xuesong, Liu Bing, Ai Mingming, Cheng Qiao
The New Wave of Smart Logistics: Breakthroughs of Robots in Complex Campuses
At the conference, Ai Mingming, Marketing Director of Excelland AI’s Outdoor Business Unit, discussed “The Application of Low-Speed Unmanned Delivery Vehicles in Complex Campus Scenarios.” He emphasized that since 2013, the company has gradually achieved numerous breakthroughs and refined applications in various scenarios. Ai showcased Excelland AI’s product matrix, including “YouXiaoDi,” “YouXiaoMei,” and “YouXiaoGe,” each targeting specific scenarios. In commercialization, Excelland AI has demonstrated strong competitiveness. Collaborations with companies like Huazhu Group and BTH Hotels Group have given it an edge in hotel delivery scenarios. Additionally, in the outdoor delivery field, the company received investment from Eleme and jointly developed food delivery robots, fostering industry collaboration. After two years of R&D, Excelland AI achieved large-scale deployment of outdoor low-speed logistics vehicles in over 50 schools in 2022, delivering over 11 million orders. The company also collaborated with Alibaba DAMO Academy to combine food delivery with courier services, expanding campus deployment. In the smart cleaning business, Excelland AI partnered with Shaanxi Automobile Group New Energy Fund (Shaanxi Hongda) to develop autonomous sanitation vehicles, further broadening its business scope and application scenarios.
Liu Bing, Marketing Director of Multiway Robotics, also delivered a speech on “Building a Smart Logistics Infrastructure Platform with Unmanned Forklifts as the Carrier.” Multiway Robotics offers a full range of unmanned forklifts and four-way shuttles, with standardized products covering the industry’s most complex scenarios. Liu announced Multiway Robotics’s plan to create an integrated smart logistics system for handling and storage, with its MW RCS dispatch system supporting hundreds of different vehicle types operating collaboratively on the same site, planning optimal routes, completing tasks in the shortest time, and ensuring the highest efficiency. Multiway Robotics has shown significant innovation and technical strength in the field of smart logistics. The company provides integrated smart logistics solutions from proprietary hardware (such as a full range of unmanned forklifts and four-way shuttles) to core software (including Maiwei Cloud, dispatch system, WMS, RCS, WCS, site management system, and various vision solutions). These solutions achieve interconnectivity with other logistics and storage equipment, transitioning from single products to systematic applications, offering cost-effective and high-performance in-house smart logistics solutions. To date, the company has served over 400 large enterprise customers, covering more than 20 industry scenarios.
Diverse Applications of Cleaning Robots: Expanding from Home to Commercial Sectors
Wang Xuesong, founder and CEO of IKitbot, shared case studies of commercial cleaning robots at the forum. He pointed out challenges in the field, such as labor recruitment difficulties and lack of standards, and emphasized the importance of robots in addressing mismatches and shortages in human labor. IKitbot developed a fully digitalized simulation platform that models and simulates the entire cleaning process using digital simulation technology, offering optimized cleaning configurations for different scenarios. Thus, the use of robots significantly improves commercial cleaning efficiency by collaborating with existing staff during various shifts, particularly during off-hours such as nights when personnel are off-duty at home. Wang highlighted IKitbot’s overseas expansion plans, targeting not only traditional markets but also actively exploring emerging ones, aiming for global product supply. With the accelerating trend of population aging in developed countries, Chinese service robots have opportunities for international expansion. Wang specifically emphasized the uniqueness of the Japanese market, where the aging population is the highest globally, and there is a shortage of cleaning labor post-pandemic, making IKitbot’s development in Japan particularly active. According to statistics, the monthly wage cost of a cleaner in Japan is quite high, approximately 15,000 to 20,000 RMB, making it difficult for companies to find enough cleaners. In early 2023, IKitbot signed a multi-million yuan order with Toyota Tsusho Corporation, gaining endorsement from top Japanese channels. Finally, the founder explained the origin of the company’s brand name “Ikitbot,” with each letter representing the company’s core values, emphasizing that IKitbot’s understanding of commercial cleaning robots is “focusing on cleaning, returning machines to their essential purpose of cleaning.”
Smart Health Care Companion Robots: Fubao Intelligence’s Industry Demonstration Application in Smart Home Elderly Care
Finally, Cheng Qiao, Vice President of Fubao Intelligence, delivered a speech with the theme of “Fubao Intelligent Health Care Companion Robot’s Industrial Demonstration Application in Home Smart Elderly Care”. Fubao focuses on intelligent services in the medical and wellness fields, providing comprehensive solutions for all medical and wellness scenarios. She pointed out that Fubao wellness robots have shown significant functionality in the fields of health, elderly care, disability assistance, and rehabilitation. In medical scenarios, Fubao Intelligence has also developed various diagnostic robots, providing great convenience for patients seeking medical treatment. Meanwhile, Fubao Intelligence is actively building a smart hospital IoT platform to enable robots to be used appropriately in various aspects of healthcare. With the intensification of the aging population trend, the demand for such service robots in the market continues to grow. Cheng Qiao stated that Fubao Intelligence and Baidu AI DOCTOR have signed a strategic cooperation agreement, and Baidu ELMo for Healthcare is integrated with Fubao Robotics to better address this challenge. In terms of technological competitiveness, Fubao focuses on artificial intelligence technology and has comprehensive technological research and development capabilities. The company is at the forefront of the industry in AI interaction, algorithms, autonomous navigation technology, SLAM algorithm technology, robot software systems, and visual research and development. The relevant technologies have been successfully applied in multiple fields such as healthcare, elderly care, party building, transportation, and finance. It is understood that Fubao Intelligence has made significant achievements in the field of medical and health robots, and has established a leading position in this field. The company’s medical guidance robots have the highest market share in Zhejiang Province, and Fubao has also led the release of the first national group standard for recreational and nursing robots. In addition, Fubao Intelligence recreation robot was included in the national Ministry of Industry and Information Technology 2023 geriatric products promotion catalogue, listed half a year to cover more than 100,000 users, and continues to grow rapidly.
After the insightful theme sharing, Donglin Ren, managing partner of Mimir Capital and president of Mimir Research, raised a series of questions about the “robot” industry’s current situation and trends. The guests expressed their views on each sub-application field and offered forward-looking insights and opinions on hot topics of public interest.
The Shenzhen Artificial Intelligence Industry Association (SAIIA), adhering to the principle of “Based in Shenzhen, Deepening AI, Serving China, Radiating Globally,” is committed to connecting the AI ecosystem and supporting the development of the AI industry. Mimir Research, focus on new economic areas, by using industry research and enterprise surveys to provide macroeconomic, emerging sector, company analysis and investment strategy services for investment institutions and industry organizations over the world.
SINGAPORE, Dec 28, 2023 – (ACN Newswire) – What are Exchange-Traded Funds (ETF)?
If you are looking to build a diversified investment portfolio, consider investing in Exchange-Traded Funds (ETFs) , a basket of securities that tracks the performance of a particular index, commodity, sector, or other assets. Just like stocks, ETFs are listed and traded on stock exchanges. Since ETFs are investment funds that contain various underlying assets, they are often included in portfolios as a means of diversification and risk management.
Keep reading to learn how ETFs work and how to begin investing in ETFs in Singapore.
How do Exchange-Traded Funds (ETFs) work?
When you purchase an ETF, your money is pooled with capital from several other investors and invested according to the fund’s objectives and strategy. ETFs are typically managed by professional fund managers who ensure that the ETF’s performance matches that of the tracked index rather than outperforming it. As such, the returns on ETFs are usually more predictable than other types of managed investment funds. Moreover, ETFs provide exposure to several underlying assets, allowing investors to diversify their portfolios with lower costs and risks.
Like stocks, ETFs experience price fluctuations throughout the day and can be traded on a stock exchange anytime during market trading hours. Commonly traded ETFs may include equity ETFs, bond ETFs, industry/sector ETFs, commodity ETFs, and currency ETFs.
Tips to consider before choosing a suitable ETF to invest in
With so many ETF options available on the market, it can be challenging to select suitable ones to include in your portfolio. Here are some important considerations when selecting an ETF:
Tracking error: While ETFs aim to track and replicate a benchmark index, they may not be tracking the index closely enough, resulting in tracking errors. Hence, it is crucial to check if the performance of your selected ETFs is closely aligned with the performance of the tracked index.
Trading volume: Look into the trading volume of your selected ETFs. The higher the trading volume, the higher the liquidity and the easier you can let go of the ETF when the time comes.
ETF structure: ETFs track indexes by either investing in the underlying assets directly or through derivatives, which are financial contracts that derive their value or price from an underlying asset. ETF structures can be complex and may affect the risk and management cost of an ETF.
ETF’s exposure and objectives: Before deciding on the ETF(s) to invest in, it is essential to consider an ETF’s exposure and objectives. Does the ETF provide access to global, regional, or country-specific assets? Does it provide exposure to your sectors of interest or specific asset classes? Once you’ve understood the purpose of the ETF, check if it aligns with your investment objectives and whether it fulfils its intended role in your portfolio.
Conclusion
While ETFs carry relatively lower risk than other securities like stocks, it is still crucial to do your due diligence before deciding on suitable ETF investment options for your portfolio. Understand that returns on ETFs are not guaranteed, and price fluctuations are to be expected in the short term. If you have any doubts, consider speaking to a professional financial advisor in Singapore to seek clarity on how ETFs may fit into your long-term investment strategy.
Disclaimer
The content reflects the view of the article’s author and does not necessarily reflect the views of Citi or its employees. Please read the products and offers on the Citi Singapore website for accuracy or completeness of the information presented in the article.
SINGAPORE, Dec 28, 2023 – (ACN Newswire) – Novationwire, a leading global press release distribution platform, has debuted new Spanish-language services tailored specifically for companies looking to boost their presence in the high-growth Mexico market. The localized offerings leverage advanced language processing technology and in-depth regional expertise to help international brands craft localized narratives that resonate with Mexican audiences and drive engagement.
“With Mexico’s digital economy expanding rapidly, the country represents a major growth opportunity for global brands across sectors,” said Novationwire CMO Terry Robbins. “Our new Spanish press release distribution solutions empower firms to develop localized communications strategies to tap this burgeoning landscape and forge meaningful connections in the region.”
At the core of Novationwire’s Mexico-focused press release program is an artificial intelligence content creator trained on an immense dataset of Spanish marketing and public relations material. “Our system studies millions of Mexico media stories and press release examples to gain an in-depth understanding of the cultural nuances, topics and narratives that matter in the market,” explained Robbins.
Equipped with this insight, Novationwire’s AI assistant helps international brands adapt their key messages and shape compelling story angles tailored specifically for Mexican audiences. “Rather than simply translating English press releases, our technology produces completely original Spanish content with relevant regionalized narratives,” said Robbins. “This localized approach delivers up to 5X higher engagement and conversions.”
In addition, Novationwire offers targeted Mexico media and influencer outreach leveraging its proprietary database of journalists, bloggers and digital opinion leaders. “We’ve carefully compiled Spanish-language contacts across Mexico’s media landscape, from major newspapers to niche publications to social media creators,” noted Robbins.
Early adopters of Novationwire’s Mexico press release distribution program have already witnessed significant gains. “One client, a European e-commerce firm, used our offering to publicize a new Mexico-specific mobile app and online store targeted at Mexican consumers,” explained Robbins. “Within two months of launching their localized press release, they saw a 382% increase in website traffic from Mexico, 212% growth in daily app downloads, and a 456% rise in Mexico social media followers.”
He added, “For global companies seeking to develop meaningful Mexico engagement, culturally resonant storytelling is key. Our tailored solutions empower brands to shape narratives that align with the interests, values and conversations happening in Mexico today. The results speak for themselves.”
Going forward, Novationwire plans to expand its roster of market-specific offerings worldwide. “We are actively developing localized capabilities for high-potential regions across Asia, Europe, the Middle East and more,” said Robbins. “Our ultimate vision is to provide global companies one unified platform to execute integrated localization strategies reaching key markets around the globe.”
To learn more about powering regional engagement through Novationwire’s localized press release distribution solutions, visit novationwire.com or request a demo.
About Novationwire
Novationwire makes global press release distribution easy, efficient and visible via an AI-powered platform. Media monitoring, analytics and support further enable organizations to execute strategic communications campaigns. For more information, visit www.novationwire.com.
Media Contact Brand: Novationwire Contact: Eric Lee Email: support@novationwire.com Website: https://www.novationwire.com
SINGAPORE, Dec 27, 2023 – (ACN Newswire) – Need to hold funds in a foreign currency outside of the region you are residing in? Citibank’s Foreign Currency Account may be your solution – with a single account, you can conveniently carry out transactions in multiple currencies.
Foreign Currency Accounts are highly beneficial to frequent travellers, expatriates, and international traders or investors who deal in multiple currencies. Here are the 3 essential benefits you can enjoy as a Citibank Foreign Currency Account holder:
Carry out cross-border transactions with ease
Deposit funds in your preferred currency, simplifying the management of your overseas transactions.
Make hassle-free payments abroad with Citibank Debit Mastercard in multiple foreign currencies.
A Foreign Currency Account can be instrumental in streamlining your international banking needs. To understand this service better, we will explore the various types of Foreign Currency Accounts offered by Citibank.
Choose from a wide range of Foreign Currency Accounts from Citi
Citibank offers four types of Foreign Currency Accounts to its customers:
Global Foreign Currency Account : This account allows you to streamline your transactions in multiple currencies such as Australian Dollar, Canadian Dollar, Euro, Hong Kong Dollar, Japanese Yen, New Zealand Dollar, Sterling Pound, Swiss Franc, US dollar, and more on a single platform. You can use the Citibank Debit Card to pay for your international purchases without incurring any currency conversion fees. Additionally, this account helps you easily manage all your regular international transactions via Internet Banking, ATMs, AVR, and CitiPhone Banking. Checking facilities are also available for USD transactions – the first cheque book will be issued upon request at no charge once your account is opened, and subsequent chequebooks can be issued upon request via Citibank Online.
CitiAccess Account : This checking account is offered by Citibank in the US dollar (USD) denomination, enabling you to handle your USD transactions conveniently. Upon opening this account, you will receive a free chequebook without additional charges. A complimentary check imaging service is also provided with this account to help you monitor and track your transactions.
US$ Savings Account : As the name suggests, this Foreign Currency Account is a savings account that helps you conveniently manage your US dollar funds. It allows you to transfer funds between accounts, access global ATMs, and conduct seamless regular transactions through Internet Banking and Citi Phone Banking. This account is particularly advantageous for individuals who are not Singapore residents but frequently conduct transactions in US dollars. With this account, you can obtain preferential rates to exchange Singapore dollars and reduce currency exchange and international transaction fees.
US $ Checking Account : This current account allows you to clear US dollar cheques locally in Singapore. Overseas fund remittance can also be easily done via the Citi Mobile® App or Citibank Online. This Foreign Currency Account by Citibank provides greater transactional flexibility and comes with a complimentary Citibank Debit Card.
Conclusion
Citibank’s Foreign Currency Account will come in handy if you frequently carry out international transactions. You can not only transact in multiple currencies on a single platform but also enjoy preferential exchange rates and streamline your overseas transactions. Apply for a Citibank Foreign Currency Account to start enjoying the benefits today!
Citi Singapore
Citi Singapore is a full-service bank offering consumers, corporations, governments and institutions in Singapore a broad range of financial products and services. It is one of the largest foreign banking employers in Singapore and a significant hub for Citi globally.
The content reflects the view of the article’s author and does not necessarily reflect the views of Citi or its employees. Please read the products and offers on the Citi Singapore website for accuracy or completeness of the information presented in the article.
KUALA LUMPUR, Dec 26, 2023 – (ACN Newswire) – Mercury Securities Group Berhad (“Mercury Securities” or “Company”), today announced the Company’s consolidated financial results for the fourth quarter ended 31 October 2023 (“Q4FY2023”), marking a period of sustained growth.
For Q4FY2023, the Group reported revenue of RM8.71 million, which signifies a notable increase of 19.93% from RM7.26 million in the preceding quarter (“Q3FY2023”), despite challenging market conditions domestically and internationally, underscoring the Group’s performance resilience. The stockbroking segment contributed RM6.35 million, while the corporate finance segment added RM2.36 million, reflecting the Group’s multi-channel revenue stream.
Mercury Securities’ gross profit margin stood at 57.93% for Q4FY2023. The Profit Before Tax (“PBT”) for the cumulative quarters reached RM12.46 million, after fully charging the one-off non-recurring listing expenses of RM3.93 million. Excluding this one-off non-recurring listing expenses of RM3.93 million, the Group performed creditably with PBT for the current quarter of RM4.60 million and RM16.39 million for the full financial year.
The Board of Directors is pleased to declare a maiden interim dividend of 0.5 sen per share based on the entitlement date of 12 January 2024 whilst the payment date has been fixed on 2 February 2024. The Group continues to be committed to creating value for its shareholders and other stakeholders.
The Management of Mercury Securities commented, “Our credible performance this quarter, evidenced by a meaningful increase in revenue and a healthy gross profit margin, demonstrates the effectiveness of our business strategies. These results underscore our resilience and our all-round proficiency in a mixed market environment. We are particularly proud of our team’s efforts in achieving these results and remain focused on sustaining this growth trajectory.”
Looking ahead, Mercury Securities is steadfast in the Group’s commitment to driving revenue growth and optimising operating costs. Key initiatives include expanding its share margin financing portfolio, enhancing its online trading platform with algorithmic capabilities to increase market share, enlarging its proprietary trading teams and adding corporate finance personnel to further expand the corporate finance division.
Mercury Securities will also be introducing new products and services to further diversify its revenue channels and thereby expand its clients base. With these strategies in place, the Group is poised to navigate future challenges and capitalise on opportunities for the Group’s continued growth and performance.
There are no comparative year-on-year figures as Mercury Securities was only listed on the ACE Market of Bursa Malaysia on 19 September 2023.
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