Spartan Capital: Society Pass (Nasdaq: SOPA) – Southeast Asia eCommerce Super-App With Billion Dollar Potential

SINGAPORE, Jul 27, 2022 – (ACN Newswire) – Spartan Capital Securities LLC ("Spartan Capital") issues Equity Research Report on Society Pass Inc. (Nasdaq: SOPA) ("SoPa").

Click Here https://bit.ly/3Bmg3l4 (on Society Pass website) or Here https://bit.ly/3vfGzc2 (with Spartan Capital Securities account) to view the full Spartan Capital Equity Research Report.

Summary Points:

– Society Pass aspires to be the next major Southeast Asia ("SEA") super-app. Comparable success stories such as Lazada, GoTo and Grab have all been accorded multi-billion valuations.

– Spartan Capital forecasts SoPa to generate $7.2 million in revenue in 2022, $29.3 million in 2024, up 308% and $59.8 million in 2024, up 104%. Spartan Capital forecasts EBITDA loss narrowing from $10 million in 2022 to just $5.6 million in 2024, then turning positive in 2025.

– Spartan Capital likens SoPa to what Masayoshi Son has done with SoftBank, headquartered out of Japan, although with an exclusive focus on e-commerce and SEA.

– SoPa operates in five SEA countries (Singapore, Vietnam, Indonesia, Philippines, and Thailand), all are vibrant open economies, recovering from Covid lockdowns and now seeing dynamic growth. SEA consumers are younger and more tech-savvy than counterparts in the US.

– SoPa owns 8 portfolio companies in food/beverage (F&B), luxury goods, telecoms, digital media, travel and merchant software sectors and ties them together with its Society Points loyalty program. The eight business units are:
— Leflair – a Vietnam luxury goods flash sale e-commerce company akin to Groupon.
— NusaTrip – an Indonesia travel website company serving the region akin to Expedia.
— Thoughtful Media Group – a Bangkok-based social commerce firm serving US and Asian brands.
— Gorilla Networks – a Singapore blockchain-enabled MVNO serving the mobile/travel markets.
— Mangan – Philippines largest local restaurant food delivery company akin to GrubHub/DoorDash.
— Handycart – a Hanoi, Vietnam restaurant delivery company poised to enter Saigon.
— Pushkart – a Philippines supermarket delivery company akin to Instacart.
— #HOTTAB – a Vietnam restaurant and hotel terminal/back-end software management platform.

– Society Points and SoPa's 8 subsidiaries offer multiple ways for consumers to earn loyalty points and to redeem such loyalty points for things of value.

– Operating under a matrix management structure, SoPa is led by entrepreneurial Founder, Chairman and CEO, Dennis Nguyen, and a strong team of C-suite executives, business unit CEOs and country managers.

– Over half of SoPa's executives are female.

About Society Pass

As a loyalty and data marketing ecosystem in Singapore, Vietnam, Philippines, and Thailand and with offices located in Singapore, Hanoi, Ho Chi Minh City, Manila, Angeles and Bangkok, SoPa is an acquisition-focused e-commerce holding company operating 7 interconnected verticals (loyalty, merchant software, lifestyle, F&B, telecoms, digital media, and travel), which seamlessly connects millions of consumers and thousands of merchants across multiple product and service categories throughout SEA.

SoPa's business model focuses on analysing user data through its Society Pass loyalty platform and circulation of its universal loyalty points or Society Points. The Society Pass loyalty platform drives customer acquisition and retention for merchants. Since its inception, SoPa has amassed over 2.1 million registered consumers and over 6,700 registered merchants/brands onto its platform. It has invested 2+ years building proprietary IT architecture with cutting edge components to effectively scale and support its consumers, merchants, and acquisitions.

Society Pass leverages technology to tailor a more personalised experience for customers in the purchase journey and to transform the entire retail value chain in Southeast Asia. SoPa operates #HOTTAB Biz and #HOTTAB POS – a Vietnam-based POS, CRM and analytics technology solutions provider for small and medium-sized enterprises, Leflair.com, Vietnam's leading lifestyle e-commerce platform, Pushkart.ph, a popular grocery delivery company in Philippines, Handycart.vn, a leading online restaurant delivery service based in Vietnam, Gorilla Networks, a Singapore-based, web3-enabled mobile blockchain network operator, Thoughtful Media Group, a Bangkok-based, a social commerce-focused, premium digital video multi-platform network, and Mangan, a leading local restaurant food delivery company in Philippines. For more information, please check out: http://thesocietypass.com/.

Media Contacts:
PRecious Communications
sopa@preciouscomms.com

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

ONERHT Foundation raises funds for disadvantaged groups in Gentle Bones Charity Concert

SINGAPORE, Jul 26, 2022 – (ACN Newswire) – Local singer-songwriter Gentle Bones returned to the stage for a good cause in collaboration with ONERHT Foundation Ltd (formerly known as RHT Rajan Menon Foundation Ltd) ("Foundation"), the corporate social responsibility vehicle of RHTLaw Asia LLP and the RHT Group of Companies (collectively, "ONERHT").

L-R: Mr Tan Chong Huat and ONERHT Foundation Chairman Ms Kaylee Kwok during the handover

Joining him on stage for his last ever concert in Singapore were guest artistes Tay Kewei, Charlie Lim, Linying and Benjamin Kheng who thrilled spectators at the Sands Theatre, Marina Bay Sands. In a surprise appearance, JJ Lin who was among the spectators also joined in the performance.

Gentle Bones said, "It's been a great journey since I started my 'Gentle Bones' YouTube channel for acoustic covers back in 2010, and I couldn't have asked for more in my last ever concert in Singapore. By the end of the year, Gentle Bones will no longer be performing or participating in any activities locally, and I'll be officially retiring Gentle Bones in Singapore."

The concert was also attended by Guest of Honour Minister for Culture Community and Youth & Second Minister for Law Edwin Tong SC, who noted ONERHT Foundation's efforts to play a part in supporting an inclusive Singapore.

He said, "The Foundation has done good work over the years, to establish, inspire and encourage a philanthropic culture of giving back to the community among the corporate and legal fraternity. I hope, as ONERHT, they will continue to serve with one heart and one mind, to help the beneficiaries in our community."

Newly appointed Chairman of the Foundation, Ms Kaylee Kwok, said, "Music brings people together and we are pleased to have presented this charitable collaboration with local musicians for a good cause. In particular, we are very grateful to Gentle Bones for supporting this meaningful event."

"The Foundation also marks a new chapter following its renaming to reflect its evolution as a common platform for corporate social responsibility and purposeful growth for ONERHT. With the strong support of the Foundation's donors and sponsors, our Patron and Board of Directors, as well as management, lawyers and staff from across ONERHT, I will continue to advance the Foundation's initiatives and programmes across its four core pillars of education, the environment and sustainability, disadvantaged groups, as well as the arts and sports," she added.

"I would also like to take this opportunity to personally thank Mr Tan Chong Huat for his mentorship, guidance and encouragement during his tenure as Chairman of the Foundation," said Ms Kwok.

During the handover ceremony (with Minister Edwin Tong as witness), Mr. Tan had handed over a symbolic Chinese scroll to Ms. Kwok, which read:

English translation: Chong Huat and Kaylee have led the Foundation well, and, Kaylee, who succeeds him shall build on it and bring it to another level of success and splendour.

Proceeds from the charity concert will help support the well-being of those hit hardest by the pandemic, such as underprivileged families, seniors, people with disabilities, and their caregivers.

Funds raised through the charity concert will be used to support the FUN! Fund for Seniors (an Agency for Integrated Care initiative), PCF Sparkle Care Centres, Lions Befrienders Service Association (Singapore), Dementia Singapore Ltd, Life Community Services Society, TOUCH Community Services Limited, CaringSG Limited and It All Starts Hear.sg.

ONERHT Foundation (formerly known as RHT Rajan Menon Foundation)

A Singapore registered charity and grant-making philanthropic organisation, ONERHT Foundation Ltd ("Foundation") enables RHTLaw Asia LLP and the RHT Group of Companies (collectively, "ONERHT") to do right and do good through various charitable endeavours.

Set up by ONERHT in 2015, the Foundation was registered as a Singapore charity by the Commissioner of Charities and a grant-making philanthropic organisation by the Inland Revenue Authority of Singapore on 16 September 2016 and 28 November 2016 respectively.

The Foundation seeks to establish, inspire and encourage the right philanthropic culture among the corporate and legal fraternity of giving back to the community in a focused, hands-on and meaningful manner. Since its inception, the Foundation has raised more than S$3 million to support more than 15 beneficiaries involved in education, the environment and sustainability, disadvantaged groups as well as the arts and sports. For more information, please visit www.onerht.foundation

For media enquiries, please contact:
Elliot Siow / elliot.siow@rhtgoc.com / +65 8375 0417

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

OctaFX announces visual rebranding, adopts space-inspired design system

KUALA LUMPUR, Jul 26, 2022 – (ACN Newswire) – 11 years of providing brokerage services marks an important milestone for OctaFX. For the first time, the broker decided to hold a visual rebranding.

Over more than a decade, OctaFX has managed to accomplish numerous achievements. Today, clients from over 150 countries have opened more than 12 million trading accounts with the broker. To become even closer to its clients, OctaFX decided to adopt a fresh new look: with refined colours, space-inspired elements, and a new logo.

The concept

The main concept behind the rebranding reflects the broker's mission: OctaFX exists to ensure everyone can achieve their investment goals.

"We picture goals as stars in the broad universe of finance. Each one represents a unique combination of needs and desires of a particular person. The journey towards the investment goal isn't always easy – there are many obstacles on the way. To overcome them, traders need an optimal set of both analytical and financial instruments, as well as a reliable partner. We are here to provide them with everything necessary to make effective trading decisions and achieve their investment goals. All the elements of our new design system convey this message in a simple, yet illustrative way," the OctaFX press office commented.

The logo

The two orbits forming OctaFX's new logo reflect the all-encompassing support it provides for traders on the journey towards their goals. The orbits cross each other to create the word 'fx' that highlights an important part of the company name.

The elements

The elements constituting the new visual identity are all built around centre-oriented forces and objects, such as orbits and rays, reflecting the broker's continued focus on the investment goals of its clients.

The colours

The colour palette of deep blues and intense oranges gives vibrancy to the new brand design, emphasising the confidence, dynamism, and readiness to change.

The transformation

The financial world is changing rapidly. New challenges emerge every day, and OctaFX is ready to evolve and transform in response, all to meet and exceed the expectations of its clients. The new branding was created to express that.

About OctaFX

OctaFX is a global broker providing online trading services worldwide since 2011. It offers everything one needs to reach their investment goals, providing top-notch conditions utilised already by clients from over 150 countries worldwide. The company is involved in a comprehensive network of charity and humanitarian initiatives, including improvement of educational infrastructure, short-notice relief projects, supporting local communities and small to medium enterprises. On a side note, OctaFX has also won more than 45 awards since its foundation, including the 2021 'Best Forex Broker Asia' award from Global Banking & Finance Review and 2021 'Best ECN Broker' award by World Finance. www.octafx.com

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Bintai Kinden Signs MoU Exploring Opportunities in Middle East

PETALING JAYA, Malaysia, Jul 25, 2022 – (ACN Newswire) – Bintai Kinden Corporation Berhad, a building and industrial service engineering specialist, is pleased to announce that the Company's sub-subsidiary, Johnson Medical International Sdn Bhd (JMI), has signed a memorandum of understanding (MoU) with Medical Renewable Care Company (MRC, or under its trade name known as Nouveta) to explore a collaboration providing mechanical and engineering (M&E) solutions and services to the healthcare industry of Saudi Arabia and future expansion in Dubai, United Arab Emirates (UAE).

Azri Azerai, Executive Director of Bintai Kinden

JMI specialises in the design, manufacture and installation of customized hospital support system equipment and provision of nursing home services. Nouveta, which is based in Jeddah, Saudi Arabia, provides healthcare-related products and services to doctors, hospitals and pharmacies.

Azri Azerai, Executive Director of Bintai Kinden said, "This MoU gives us the framework to explore in more concrete terms how JMI and Nouveta can collaborate further in Saudi Arabia and the UAE and leverage on the opportunities that can be found in these countries."

"As a first step, we are looking to appoint Nouveta as JMI's distributor in Saudi Arabia and secondly, we will study more on the commercial viability of providing M&E solutions and services in Dubai and the rest of the UAE that may encompass a wider market than just hospitals and pharmacies. We look forward to deepening the partnership with Nouveta."

Ali Salem Alsubai, General Manager of Nouveta said, "We look forward to a fruitful relationship with JMI and Bintai Kinden. We believe that there are opportunities for us to leverage on and grow together."

Bintai Kinden, which recorded a net profit of RM0.91 million in the quarter ended 31 March 2022 (Q4 2022) against a net loss of RM6.59 million in the corresponding Q4 2021, also recently formed a partnership with Marafie Industries Co to supply piping materials to oil and gas related companies in Saudi Arabia as well as securing a series of projects from Petro Flanges & Fittings Sdn Bhd to supply piping materials.

Bintai Kinden Corporation Berhad: 6998 [BURSA: BKC], http://bintai.com.my/

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Taiwanese Companies Flock to ASEAN for Growth

Singapore, Jul 25, 2022 – (ACN Newswire) – In the last 6 years, the New Southbound Policy has played an integral role in enabling Taiwanese enterprises to diversify and capture opportunities in one of the fastest growing regions in the world, ASEAN. During the period of January to October 2021, Taiwan invested US$5.3 billion in the ASEAN region, which amounted to 38.7% of the country's total overseas investments, the highest proportion in 20 years.

In ASEAN, current trends reflect a shift towards customer-driven hyper-personalisation, as well as data-enabled optimisation. Considering the increasing focus on the ASEAN market, growth of Taiwanese enterprises are aligned with these regional trends.

Customer-driven Innovation

ASEAN consumer patterns have shifted in the last few years and enterprises have adapted to meet changing customer needs in the area of health, security and mobility.

Amidst the global pandemic, health has been growing to be a central focus for consumers, with 85% expressing concern over health, according to an Asia-Pacific 2021 survey by Ernst & Young. This has contributed to an increased health and wellness expenditure in Southeast Asia. In the emergence of this trend, ible Technology Inc. has come up with a wearable air purifier to provide purified air surroundings for consumers as they go about their daily lives. This solution adopts ible's unique Breathing Pathway Eco Ion Technology, and this technology will produce over 20 million negative ions (around 100 times more ions than a forest produces) surrounding user's face to remove pollutants from the air, including viruses and other airborne particles.

The recent cyberattack and data breach incidents have put personal data protection and security concerns under the spotlight. This topic has never been more relevant in the age of rapid technology adoption and data-driven organisations, with 83% of ASEAN-based organisations being highlighted as data-driven in the AIBP ASEAN Enterprise Innovation Survey 2021/22. In recognition of this, Maktar offers a smart backup solution with an integrated microSD lock encryption feature that prioritises customer data security.

The establishment of the ASEAN Smart Cities Network has provided a collaborative platform where cities from the ten ASEAN Member States can work towards the common goal of smart and sustainable urban development. With advancing smart city initiatives, smart mobility is gaining traction as consumers look towards convenient and user-centric transportation services. Leveraging on IoT, IBASE designed an embedded computing platform for a smart parking metre that provides efficient parking management services such as occupancy detection and online payment, enabling customer mobility needs to be met.

Accelerating Business Outcomes with Frontier Technologies

According to AIBP ASEAN Enterprise Innovation Survey 2021/22, 62.8% of enterprises in ASEAN perceive business intelligence platforms that help make sense of data as the digital transformation investment that will drive the largest benefits to their organisation. Galaxy Software Services (GSS) is one of the major players in this space. In helping Perfirmtex International Co.,Ltd to improve their customer data management process, GSS built a CRM that enabled efficient lateral communication with key stakeholders like customers and partners, boosting customer satisfaction. This was guided by their Insight to Action Model where predictive analytics assists in deriving customer behaviour insights from data and following that, insights are used to optimise customer engagement efforts.

Digitalisation and automation of operations was found to be the top digital transformation focus of ASEAN organisations from a 2021 AIBP survey. In line with this, various enterprises have created tech-enabled solutions to facilitate process optimisation. An AI Edge Server by AAEON supported the smart manufacturing process of a machine manufacturer in the semiconductor industry. Accounting for end user needs, AAEON designed products that were compact and dissipated heat easily.

About AIBP

AIBP serves as an avenue for public and private organisations in Southeast Asia to access and exchange information about growth and innovation within the B2B space. With a current network of over 30,000 stakeholders in Southeast Asia, AIBP continues to develop ecosystems by engaging in activities which create value-adding information for our stakeholders seeking to make transformative impacts within their organisations. For additional information about AIBP, please visit https://iotbusiness-platform.com/.

About Taiwan Excellence Awards

AAEON, IBASE, Galaxy Software Services, ible Technology, and Maktar were recently recognized by the Taiwan Excellence Awards. These awards have been established by the country's Ministry of Economic Affairs since 1993 to celebrate how technological innovation helps people live more rewarding lives. Each year, the Taiwan Excellence Awards select the most innovative products in Taiwan across four major categories: R&D, design, quality, and marketing. As well as recognizing domestic achievement, the awards serve as a benchmark for innovation and excellence in international markets.

Contact:
Mr. Irza Fauzan Suprapto
Email: irza@industry-platform.com
Phone: (+65) 9759 5343

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Save The Economy by Rental Deferral?

HONG KONG, Jul 21, 2022 – (ACN Newswire) – The PolyU DBA Alumni Association Limited ("DBAAA") has today announced the results of its research coupled with an online survey related to the HKSAR Government's "Temporary Protection Measures for Business Tenants (COVID-19 Pandemic)". Referring to the findings, DBAAA supports HKSAR Government not to extend the rental deferral plan when the interest rate is anticipated to be going up.

According to recent studies in similar relieve measures adopted by many other countries, tenants of viable business can be benefited by enabling them to survive during short term financial crisis of the Pandemic. However, if the rescue measures are extended beyond their originally planned expiry, it would inevitably create inefficiencies in the property market in the long run. Support to tenants of little realistic chance of recovery may impede the allocation of resources to healthy tenants and restrict productivity growth. It could discourage new entries and reduce competitiveness of more efficient tenants. Many studies revealed that market adjusted and responded much quicker than expected. Landlords were willing to provide substantive relieve to their loyal tenants who needed it desperately during challenging time. In actual fact, it was the low interest rate which explained higher business survival rather than loan forbearance.

The survey aims to understand how DBAAA members and their peers react to the business rental moratorium introduced by the HKSAR Government. Over 90 valid responses were received. The key findings are outlined below:

1. More than 80% of the respondents' business has been suffering in the past 6 months.

2. Only 5.6% of the respondents indicated that the business rental moratorium would very much achieve its objectives while 45.6% of them said that it would only to a certain extent. In fact, around 40% of the respondents are losing confidence in Hong Kong in different aspects due to the business rental moratorium, "macroeconomic environment" being the most while "tax and cost competitiveness" being the least.

3. Only a minor proportion of around a quarter of the respondents consider the "3-month period" and the "specified sectors" as appropriate. 18.9% of the respondents consider the "3-month period" to be either too long or too short. Around one third of the respondents made no comment.

4. The introduction of the "exemption (landlord and tenant renegotiate lease)" and the "deferral of rates" induced around 40% of the respondents to support the business rental moratorium. The "Interest-free rental advancement" is even less effective. More than 30% of the respondents indicated that these relieves didn't change their view on the business rental moratorium.

5. Around half of the respondents believed the business rental moratorium would achieve its objectives. However, there was more than one third of the respondents who thought it won't work.

6. Only a minor proportion of the respondents would take drastic actions on their leasing arrangement. There were more than 40% of the respondents who would increase their investment in commercial properties due to the business rental moratorium.

In order to prevent massive bankruptcies and serious unemployment, the HKSAR Government introduced the business rental moratorium, which should be welcome by SME tenants who have less bargaining power. Having said that, the rental deferral plan is not considered effective mainly because landlords and tenants have already started to renegotiate rent at a much earlier time. It also explains why the adverse impact on the productivity of the commercial property market is not expected to be severe. However, when interest rate is anticipated to be going up, it is not advisable to extend the rental deferral, which would inevitably pose serious threats to the property market and the banking sector and therefore on Hong Kong's economic stability. Instead, policymakers can entrust the market which would adjust by itself efficiently.

Professor Wilson Tong, PolyU DBA Program Director and Honorary Advisor to this study commented that the rental moratorium is effectively a shift of the business risk from the tenant to the landlord, who may pass it onto the banker. However, relative to the market which is supposed to possess more information, it would be very difficult for the Government to tell who is more capable to bear the risk. It is at the time when the market is not efficient and distortion cannot be self-corrected, then Government should intervene to reduce the ripple effect. The rental moratorium can be viewed as a debt restructuring which help business tenants buy time to avoid massive bankruptcies and layoff.

"The survey results echo a general belief that the market responds in a much quicker and effective way. For example, landlords are willing to reduce the rent for trustworthy tenants to help them go through the difficult moment, which render the mandatory rental deferral relieve measures in-operative. Having said that, the HKSAR Government sent a strong message to the market that the whole community needs to be more accommodating in order to overcome the economic downturn brought by the Pandemic", said Dr Danny Po, the Honorary Treasurer of DBAAA and the Convener of this study.

We also want to draw the HKSAR Government's attention to some possible side effects of the rental moratorium. For example, landlords might consider charging a premium on the rental in the future lease renewals in the anticipation that legislative measures could hinder their exercising of legal rights, e.g., early lease termination. Furthermore, the longer the non-viable companies linger, the more financial loss the business owners bear. Deferring rental for three months may give SME owners a false hope that business will come back very soon. SME owners are usually less sophisticated to project the unknown and be decisive enough in cutting loss.

"We would like to draw the HKSAR Government's attention to the fact that the Fed's aggressive and continuous rates hikes could turn out to be sharply amid serious inflation and interest rate hedging activities. Very likely, the struggling business tenants may experience possible jeopardy in the nearest future. We support a firm pledge of the Government's decision that no extension of the Measures beyond the original 3-month period." said Dr Derek Chung, Chairman of DBAAA.

Mini-survey on the Temporary Protection Measures for Business Tenants (COVID-19 Pandemic): https://drive.google.com/file/d/1VnGWqoze3KCBirV-4lAnrvz7LsVqL4i_/view?usp=sharing

About DBAAA
The PolyU DBA Alumni Association Limited was established in 2000 to build and maintain a network among PolyU Doctor of Business Administration ("DBA") graduates, and to encourage and sustain professional development of the Association's members. DBAAA members are connected to an alumni network of PolyU DBA students spanning 25 years. Thus, DBAAA forms an extensive network of associates from diverse backgrounds, fields and locations. Currently, DBAAA has over 190 members.

The PolyU DBA places an emphasis on developing scholar-leaders, with a distinct focus on cross-disciplinary academic research that has real-world applications. It is widely recognised as one of the highest academic achievements for senior managers. The programme was launched in 1996. Graduates include prominent members of the business community, many of whom belong to DBAAA.

Media enquiry

Strategic Public Relations Group
Brenda Chan
Tel: +852 2527 0490
Email: brenda.chan@sprg.com.hk

The PolyU DBA Alumni Association Limited
Dr Danny Po
Website: http://polyudbaaa.com/
admin.dbaaa@polyu.edu.hk

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

TANAKA to Establish New Building at Hukou Plant, Expanding Its Precious Metal Recycling Business in Taiwan

TOKYO, Jul 21, 2022 – (ACN Newswire) – TANAKA Kikinzoku Kogyo K.K. (Head office: Chiyoda-ku, Tokyo; Representative Director & CEO: Koichiro Tanaka) has announced that it will establish a new building at the Hukou Plant in Hsinchu County, Taiwan.

Expected appearance of the new building at Hukou Plant

The new building will be constructed with an investment of approximately 3.5 billion yen to create a "one-stop service" for precious metal recycling and further expand business in Taiwan. It is planned to have eight floors above ground and one basement floor, making the total floor area of the Hukou Plant approximately six times larger after completion. The plant is scheduled to begin operation in the first half of 2025.

TANAKA Kikinzoku Kogyo expects to expand its recycling business in Taiwan by 2026 to provide a stable supply of precious metal materials and contribute to Taiwan's semiconductor industry, which has a large share of the entire semiconductor market.

Taiwan TANAKA Kikinzoku Kogyo has been engaged in the precious metal recovery and refining business in Taiwan since the establishment of the Hukou Plant in 2005. TANAKA Kikinzoku Kogyo has decided to further expand its precious metal recycling business because of the increase in demand for semiconductors in recent years and the growing worldwide trend toward reducing environmental impact and increased need for sustainable materials and products.

Currently, TANAKA Kikinzoku Kogyo is expanding its precious metal recovery and refining business by working in cooperation with local companies and conducting processing work outside of Taiwan. With the establishment of the new building, TANAKA Kikinzoku Kogyo aims to conduct business solely in Taiwan. In addition, precious metals such as precious metal plating waste liquid, production scraps, and used catalysts for automobiles and petrochemicals can be recycled with a high recovery rate, refined to high purity, and recovered as products that customers desire. By completing all processes in Taiwan, TANAKA Kikinzoku Kogyo believes that it can contribute to the reduction of import and export processes.

An important part of recycling precious metals is the ability to analyze the amount of precious metals contained in the materials that are recycled. TANAKA Kikinzoku Kogyo has advanced precious metal analytical techniques* cultivated through many years of research and development, allowing products collected from customers to be evaluated accurately.

*As one measure of our assaying capabilities, TANAKA Precious Metals is one of only five companies worldwide, and the only company in Asia, to be accredited as a Good Delivery Referee by both the LBMA and LPPM, the most authoritative market-monitoring organizations worldwide. TANAKA Precious Metals is also the first company in Japan to acquire ISO/IEC 17025 accreditation for our platinum, gold, silver, and palladium assay competence.

By expanding its recycling business through the "one-stop service" of precious metal recovery and refining in Taiwan, TANAKA Kikinzoku Kogyo will contribute toward the creation of a society that prioritizes recycling which is called for worldwide.

Press release in PDF: https://www.acnnewswire.com/docs/files/2022721_EN.pdf

About Taiwan TANAKA Kikinzoku Kogyo

Taiwan TANAKA Kikinzoku Kogyo began manufacturing electrical contacts when it established the Hsinchu Plant in 1987. After that, it established the Hukou Plant in 2005 and started recovering and refining precious metals under a reuse license.

In order to provide cutting-edge technology and high-quality service, the Hukou Plant has many years of operating experience and has installed precious metal refining equipment equivalent to that of Japanese plants. Taiwan TANAKA Kikinzoku Kogyo also has several Japanese engineers on site to provide the same high-quality service as in Japan and offer customers technical support for precious metal plating and proposals for precious metal recovery systems.

Overview of the new building
Plant name: TANAKA Kikinzoku Kogyo Co., Ltd. New Building at Hukou Plant
Total floor area: Approx. 8,300 m2
Structure: Eight floors and one basement floor
Description of business: Manufacture of precious metal industrial products, and recovery and refining of precious metals
Start of operations: Scheduled for the first half of 2025

Taiwan TANAKA Kikinzoku Kogyo Co., Ltd.
Head Office: 11F-2, 88 DunHua North Rd., Songshan District, Taipei City, 105410, Taiwan
Founded: 1986
Representative: Takumi Shichita, Chairman
Description of business: Manufacture of electrical contacts, processing of wire rods, and recovery and refining of precious metals

About TANAKA Precious Metals

Since its foundation in 1885, TANAKA Precious Metals has built a portfolio of products to support a diversified range of business uses focused on precious metals. TANAKA is a leader in Japan regarding the volumes of precious metals handled. Over the course of many years, TANAKA has not only manufactured and sold precious metal products for industry but also provided precious metals in such forms as jewelry and assets. As precious metals specialists, all Group companies in Japan and around the world collaborate and cooperate on manufacturing, sales, and technology development to offer a range of products and services. With 5,225 employees, the group's consolidated net sales for the fiscal year ending March 31, 2022, was 787.7 billion yen*

*From the current consolidated fiscal year, the amounts of sales for some transactions are indicated as net values due to application of the Accounting Standard for Revenue Recognition.

Global industrial business website
https://tanaka-preciousmetals.com

Product inquiries
TANAKA Kikinzoku Kogyo K.K.
https://tanaka-preciousmetals.com/en/inquiries-on-industrial-products/

Press inquiries
TANAKA Holdings Co., Ltd.
https://tanaka-preciousmetals.com/en/inquiries-for-media/

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

31st HKTDC Education & Careers Expo opens today

HONG KONG, Jul 21, 2022 – (ACN Newswire) – Organised by the Hong Kong Trade Development Council (HKTDC), the 31st HKTDC Education & Careers Expo opened today and runs until 24 July (Sunday) at the Hong Kong Convention and Exhibition Centre (HKCEC). The expo runs in parallel with the HKTDC Hong Kong Book Fair, Hong Kong Sports and Leisure Expo and World of Snacks. Open to the public free of charge, the expo features two major sections – Education and Careers – to provide comprehensive information on education and job opportunities.

Chris Sun, Secretary for Labour and Welfare of the Hong Kong Special Administrative Region, officiated at the opening ceremony for the 31st edition of the HKTDC Education & Careers Expo.

The Careers section of the expo provides information on various industries. The Hong Kong Vocational Training Council (HKVTC) will introduce new technologies and skills during the seminars to help students better prepare for the future.

Secretary for Labour and Welfare of the Hong Kong Special Administrative Region (HKSAR) Chris Sun officiated at the opening ceremony this morning. Margaret Fong, HKTDC Executive Director, said in her welcoming remarks: "Entering its 31st edition, the Education and Careers Expo serves as a platform for jobseekers and students looking to connect with employers and institutions, helping them to get valuable advice on career options and education opportunities. This year, we are delighted to welcome over 780 organisations, including educational institutions, government departments, professional associations and private companies representing 18 countries and regions."

Four education-themed zones present local and overseas studying opportunities

Four educational zones have been set up to help students explore different options for further education. The Local Education Zone gathers various universities and community colleges, providing the latest information of a range of popular courses. The event also sees new exhibitors, such as consulate general offices of Japan, Ireland, Finland and Switzerland in the Overseas & Mainland China Education Zone, while on further study in mainland China, the Beijing Normal University-Hong Kong Baptist University United International College (UIC) and the Heung To College of Professional Studies provide practical consultation service.

In the Continuing Education Zone, exhibitors, such as the Hong Kong Mediation Centre and Tak On Driving School, provide a variety of courses for continuous learning. Youth Square will set up a summer job and internship zone. Being new to the expo, St. James' Settlement – Career Sparkle offers various activities to help teenagers explore their personal interests and abilities. The Hong Kong Diploma of Secondary Education Examination (HKDSE) graduates should take the opportunity to explore more possibilities at the Expo.

The expo's education-themed days focus on further education in the European Union (21 July), Japan (22 July), France (23 July) and Germany (24 July), with representatives from consulate general offices to introduce the prerequisites for admission, application procedures, information on campus life and more. Visitors can also meet with various officially recognised bodies to get first-hand information on studying abroad. Talks will be held by different institutions: the Ontario eSchool Asia Limited will give advice on studying in Canada, whereas Synchro Overseas Study and Career will focus on medical-related education in the United Kingdom and Australia.

Four careers theme days address talent demand in various industries

Four careers-themed days during the expo highlight the latest trends in different industries. On the theme day Skilling for the Future: New Technology and New Talents (21 July), held by the Vocational Training Council (VTC), new technologies and skills, such as geospatial data, Chinese medicine research and art technologies, will be introduced via talks and seminars. The Electrical & Mechanical Engineering theme day (22 July), co-organised with the Electrical and Mechanical Services Department and the Hong Kong Electrical and Mechanical Trade Promotion Working Group, will invite industry professionals to speak on the current and future prospects in areas such as railway, autombile and the electrical and mechanical engineering industry.

On the third day of the expo, the brand-new themed day Professional Development for the Future (23 July), supported by The Hong Kong Federation of Youth Groups (HKFYG), will address hot topics, such as gerontechnology application and digital marketing. On the last day, the Exploring Construction Industry theme day (24 July), in collaboration with the Hong Kong Institute of Construction (HKIC), will invite construction professionals to share on Building Information Modeling, metal works and welding courses.

Two career-themed zones offer 2700+ job opportunities

There are two career zones, among which the very popular Careers Zone will involve different organisations and provide analysis of the prospects in different industries. The Hong Kong Applied Science and Technology Research Institute (ASTRI) will share the pathways and tips to join the innovation and technology industry. The Independent Commission Against Corruption (ICAC), a new exhibitor this year, will introduce the job nature of different positions and application requirements.

Meanwhile, this year's Recruitment Square gathers various recruitment platforms, public organisations and private companies offering more than 2,700 job opportunities and on-the-spot recruitment, including Cathay Pacific, QB house, Tai Hing Group and Asia Airfreight Terminal. Visitors can bring their CV along to the expo to apply for interested posts.

The Guangdong-Hong Kong-Macao Greater Bay Area Development Office of the Constitutional and Mainland Affairs Bureau will cover the opportunities for education, employment, and entrepreneurship in the Greater Bay Area. Y.Elites Association Limited has invited Qianhai International Liaison Services Limited to introduce Qianhai's preferential policies for Hong Kong citizens on housing, starting a business, financial, innovation and technology backing, and household registration. For those with the intention to tap into GBA for education, career and business opportunities should not miss the events. In addition, representatives from consulate offices of Hungary, France, and Germany will share more information on Working Holidays Scheme, allowing young people to explore different opportunities around the world.

90+ inspiring events with experts and celebrities sharing their success stories

More than 90 inspiring events will be held during the expo, including a performance by Correctional Services Dog Unit, seminars on higher education and sharing on different careers by celebrities and education experts. Today, Kandy Lui, Executive Director of the Hong Kong Institute of Human Resource Management addressed the new normal in workplaces under the pandemic and offered tips for enhancing personal capabilities. The following day, Tsang Yip-kiu (Siu Mai), a contestant on television talent show King Maker IV, will share valuable experiences in pursuing her dream. On the same day, Wong Kim-fung, founder of threezero and Chairman of the Hong Kong Brand Toy Association, and two vice chairmen, Howard Chan (founder of Hot Toys) and Kenny Wong (designer of brand toy "Molly" and creative director of Kennyswork), will discuss how people can turn their passion into career and offer tips on joining the brand toy industry.

On 23 July, Samuel Chan, a specialist in British education, will go into detail about the British educational system and strategies for applying for schools in the UK. Education expert and one of the Ten Outstanding Young Persons, Principal Chu Tsz-wing, will touch on how he brought experiential learning in Hong Kong and offer students advice on career planning for students. On the last day of the expo (24 July), Pinky Cheng and Tammy Lo, members of the construction industry key opinion leaders "Dream Girls" will disclose their interesting work experiences and how they joined the construction industry. In addition, Patrick Sir, TV host, actor and founder of an education centre and international kindergarten, will talk about his career shift from the education field to the television industry, encouraging young people to further explore their potential in both their careers and personal lives.

Enhanced on-site hygiene measures for participants' safety

Public safety is a top priority for the HKTDC, and various measures have been implemented throughout these concurrent events to protect the health of participants. All staff members, exhibitors and visitors are required to wear masks in the venue and use the LeaveHomeSafe mobile app and show their COVID-19 vaccination record before entering the HKCEC in accordance with the HKSAR Government's COVID-19 protocols. Except for designated food and beverage areas, no food, drinks or food tasting are allowed inside the venue, including at the booths. Other onsite safety measures include temperature-screening stations, the provision of hand sanitisers and disinfection items at multiple locations around the HKCEC, as well as enhanced cleaning and disinfection at the venue.

Expo website: https://event.hktdc.com/fair/hkeducationexpo-en/
Activity schedule: https://hkeducationexpo.hktdc.com/pdf/2022/events/ECE2022JulyDailyProgram.pdf
Photo download: https://bit.ly/3IVcwMv

Photo Caption:
Officiating at this morning's opening ceremony were (from left) Gladys Yam, Deputy Executive Director of Vocational Training Council, Stefan Bredohl, Deputy Consul General of German Consulate General Hong Kong, Thomas Gnocchi, Head of office of the European Union Office to Hong Kong and Macao, Margaret Fong, HKTDC Executive Director, Chris Sun, Secretary for Labour and Welfare, Okada Kenichi, Consul General of Consulate General of Japan in Hong Kong, Marc Lamy, Acting Consul General of Consulate General of France in Hong Kong and Macau and Albert Cheng, Executive Director of Construction Industry Council. https://www.acnnewswire.com/topimg/Low_HKTDC202207212.jpg

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

Media enquiries
Please contact Impact Communications Company:
Kristi Yim, Tel: +852 9559 9651, Email: kristi.yim@impact-cc.com
Cindy Chung, Tel: +852 9166 0827, Email: cindy.chung@impact-cc.com

HKTDC's Corporate Communication Department:
Snowy Chan, Tel: +852 2584 4525, Email: snowy.sn.chan@hktdc.org
Sam Ho, Tel: +852 2584 4569, Email: sam.sy.ho@hktdc.org

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

KOHLER, together with Lazada Singapore, to bring 30 leading lifestyle brands under one roof in month-long online to offline shopping experience

SINGAPORE, Jul 21, 2022 – (ACN Newswire) – KOHLER, a global lifestyle brand and leader in kitchen and bath products, has partnered with Lazada Singapore to bring 30 complementary leading lifestyle brands together for the first time, to provide online shoppers with a curated showcase of luxurious home, kitchen, bath, and lifestyle products they can experience in-store. Come Home to KOHLER & Friends (Powered by Lazada) utilises Lazada's powerful e-commerce platform to complete the shopping experience and is aimed at satisfying changing consumer habits post-pandemic.

Thematic spaces featuring various ranges of KOHLER's products, complemented by 29 participating brands at Come Home to KOHLER & Friends (Powered by Lazada) – Photo by Kohler

All the 30 lifestyle brands coming together for the first time for Come Home to KOHLER & Friends (Powered by Lazada)

The month-long event will provide consumers with a unique immersive in-store feel to the digital shopping experience and offer a one-stop solution for shoppers to experience all 30 brands side by side in real-life home settings. KOHLER and the other 29 brands will showcase their curated range of products at the KOHLER Experience Centre (KEC) from 15 July to 15 August 2022.

The 822 sqm KEC occupying two units of shophouses along Peck Seah Street will house several thematic spaces featuring various ranges of KOHLER's innovative, intuitive, and immersive products, complemented by participating brands such as Samsung, Bang & Olufsen, LEGO, L'OCCITANE, Razer, Nespresso, OSIM, Tefal, WMF, and Philips Lighting. The curated showcase is perfect for first-time homeowners looking for inspiration for their new home or existing homeowners looking to refresh various areas of their homes. Shoppers can explore the different themes throughout multiple levels of KEC and view dedicated spaces such as the living room, bedroom, study, kitchen, and bathroom.

Each themed bathroom and living space are thoughtfully furnished by Kohler designers and representatives from the other brands. As soon as shoppers are inspired by any product they see, they can scan QR codes to purchase on the Lazada app. This means that shoppers can fully immerse themselves in these dedicated home spaces, check out and enquire about the products on display, purchase online immediately, and head home to wait for their items to arrive. This is the future of shopping.

"We are collaborating with Lazada to provide online customers with what they want – an immersive online to offline (O2O) shopping environment to have a real-life experience of how our products feel, look and work, and ask questions for an informed purchase," said Leo Leong, General Manager, Kohler Kitchen & Bath Group, North and Southeast Asia. "This is further complemented by our partnering brands which have collaborated with us to showcase their products in this new experience. Not just that, shoppers can enjoy online prices of up to 60% off during the fair and shopping benefits through the LazMall pages with peace of mind knowing that the products purchased are 100% authentic, with *free returns!"

At KEC, shoppers will also be treated to freebies and giveaways and the opportunity to register for cooking and home interior decor workshops on selected dates available for booking in person. During Come Home to KOHLER & Friends (Powered by Lazada), the KEC is opened to the public from 15 July to 15 August 2022, daily from 10am to 9pm, including Sundays.

*Free shipping and return policies vary with brands and sellers.

Notes to Editors
Come Home to KOHLER & Friends (Powered by Lazada)
15 July to 15 August 2022
KOHLER Experience Centre
52/54 Peck Seah Street, Singapore 079320
Tel: 6224 0039
Lazada URL: https://bit.ly/KOHLERFriends
Media Images can be downloaded here https://tinyurl.com/tav95en2

Featured Kohler products on sale
(1) More than 50% off Veil Dual Flush Two-Piece Toilet – $846 (U.P. $1,782)
(2) 50% off Family Care Bathroom Furniture – $1,002 (U.P. $2,004)
(3) 20% off Moxie Handshower, sound by Harman Kardon – $399 (U.P. $499)
(4) 45% off Malleco Touchless Pull-down Kitchen Faucet – $873 (U.P. $1,587)
(5) 50% off KOHLER Malleco Single Kitchen Sink – $690 (U.P. $1,368)

Check out other amazing offers on display by other participating leading lifestyle brands.

Giveaways/promotions during Come Home to KOHLER & Friends (Powered by Lazada)
– The top 10 spenders stand to win amazing prizes from KOHLER, OSIM or Bang & Olufsen worth more than $8,000. (Minimum spending of $800 is required to qualify)
– Spin & Win – Shoppers who spend a minimum of $80 during the fair will stand a chance to win Manchester United premiums.
– Sing For Sale – Sing your heart out and enjoy 40% off Moxie Handshower, sound by Harman Kardon from only $299 (U.P. $499)

Activities & Workshops
Sessions are free. Please register 15 mins before each workshop at KEC.
– Cooking Workshop with Chef Ivan Yeo with Food Tasting; Dates: Saturday, 30 July 2022; Time: 4pm to 6pm
– Home Interior Seminar by Bowerman Interior; Date: Sunday, 7 Aug 2022; Time: 3pm to 4pm

About Kohler Co.

Founded in 1873 and headquartered in Kohler, Wisconsin, Kohler Co. is one of America's oldest and largest privately held companies, with more than 35,000 associates. With more than 50 manufacturing locations worldwide, Kohler is a global leader in the design, innovation and manufacture of kitchen and bath products; engines and power systems; luxury cabinetry and tile; and owner/operator of two five-star hospitality and golf resort destinations in Kohler, Wisconsin, and St. Andrews, Scotland. The company also develops solutions to address pressing issues, such as clean water and sanitation, for underserved communities around the world to enhance the quality of life for current and future generations. For more details, please visit KOHLER.SG.

About KOHLER on LazMall

As part of KOHLER's mission of providing a higher level of gracious living for those touched by our products and services, KOHLER's online store on LazMall offers our customers another convenient way to shop for our quality and innovative kitchen and bath products. With over 100 products ranging from toilet, lavatory, faucet, bathroom furniture, bathroom accessories, and kitchen sink and faucet available online to choose from, our customers can be assured that our products are 100% authentic, with 15-day easy returns and free delivery.

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Uttar Pradesh MSME Minister Rakesh Sachan Urged MSMEs to Invest in the State at SMEStreet GameChangers Forum 2022 Webinar

New Delhi, India, Jul 21, 2022 – (ACN Newswire) – Shri Rakesh Sachan, Cabinet Minister for Ministry of MSME and Khadi, Government of Uttar Pradesh, attended the SMEStreet GameChangers Forum 2022 Webinar as the Chief Guest and emphasised Uttar Pradesh's MSME Policies and Shri Yogi Adityanath's government's commitment to MSMEs' development in the state. Smt Mercy Epao, Joint Secretary, Ministry of MSME, Govt of India, attended the event as the Guest of Honour and delivered her keynote address, highlighting flagship MSME policies and schemes that are designed to give a boost to MSMEs in order to bounce back on a growth path after the pandemic.

Shri Rakesh Sachan, Minister of MSME and Khadi in the UP Government, emphasised the UP Government's commitment to creating a positive and safe environment for business."We are working towards ensuring an all-around positive ecosystem for economic upliftment in the state. The last few years have shown a great level of enthusiasm from both MSMEs and the investor community from across the world in coming to our UP state.

Highlighting the first 100 days of the second term of the Yogi government of Uttar Pradesh, the MSME Minister of UP mentioned the success of the Mega Loan Mela that Chief Minister Shri Yogi Adityanath launched. Through this initiative, a loan of 16 thousand crores has been distributed to one lakh nine hundred thousand beneficiaries of the state.

The Minister also highlighted initiatives like the sanctioning of common facility centres in various districts under the One District, One Product common facility centre (CFC) saying, "Such schemes are helping MSMEs from smaller towns like Azamgarh, Siddharthnagar, Sitapur, and Ambedkar Nagar. Similarly, the proposal for the upgradation of infrastructure facilities under the central government's Cluster Development Program shows that major development work is happening in Jalaun's Industrial Asthan Coach, Salarpur Industrial Area of Badaun in only the first 100 days of our government. The work of setting up the Woolen Thread Cosmetic Center in Prayagraj is going on. About 35% of the building work has been completed.

While giving the keynote address to the SMEStreet GameChangers forum, Smt Mercy Epao, Jt Secretary of MSME Ministry emphasized on Central Government's focused approach towards creating a conducive ecosystem for the growth of MSMEs in the country. She said that the government has initiated many programs and schemes in credit facilitation, cluster development, technology centres, market linkages, skilling and capacity building, encouraging innovation and sustainability, and creating better coordination between the Central Government and State Governments. The Ministry of MSME is not only working on policies but also addressing the grievances of MSMEs through online Champions and Samadhan portals. The MSME Ministry has recently launched the CBFTE Scheme to support first-time exporters by assisting them financially with registration with EPCs, insurance premium testing, and certification of their products and services. Innovation, ZED and Lean schemes will help the MSMEs to become competitive in the global value chain. The Ministry has launched the Udyam Registration portal to encourage MSMEs to access various benefits offered by the government. It is also a step toward bringing the MSMEs into the formal sector.

"Towards inclusive growth, the Ministry has been implementing NSSH Scheme to support SC/ST entrepreneurs mainstream their economic activities. It has been working with a focused aim of reaching 4% procurement by the CPSEs/Government from the SC/STs. To encourage women entrepreneurship, SAMARTH has bn announced on 8th March 2022 to reserve 20% seats for all skill programs n exhibition/fairs (both domestic & international)," said Smt Mercy Epao, "Skilling is one of the major programs taken up to encourage youth to take up entrepreneurship or find placement for livelihood."

"We are also working on the final stage of development of the updated National MSME Policy. We have invited suggestions and recommendations from industry associations for ensuring a comprehensive National MSME Policy. "We are thankful to all industry associations, including SMEStreet Foundation, for submitting their recommendations for the updated MSME Policy," says Smt. Mercy Epao.

The webinar was held on July 19th and was attended by over 4,000 MSME audience members via SMEStreet.in and various social media platforms. Shri P Udayakumar, CMD of NSIC, also participated in the forum and emphasised NSIC's commitment to building a new India which will have successful MSMEs and a sustainable growth ecosystem for the sector.

Shri P Udayakumar, CMD, NSIC, Ministry of MSME, presented a special address in which he highlighted MSME schemes that are executed by NSIC.

Shri Uadayakumar said, "While NSIC schemes are getting very positive feedback from MSMEs, I certainly see a very positive growth curve for Indian MSMEs in the next few years." The next few years will witness the great results of MSME success stories. I am extremely pleased to note that SMEStreet is organising a webinar on " Role of MSMEs in the chase of 5 Trillion economies."

NSIC plays a major role in recharging the MSME units after the pandemic hit to get the business opportunities growing in an exponential way from the domestic and export markets.

Earlier, Shri Faiz Askari, Founder Editor of SMEStreet and Secretary General of SMEStreet Foundation, welcomed the distinguished speakers into the second webinar of SMEStreet GameChangers Forum 2022 and said, "The MSME sector, in today's time, is at the crux of a global economic evolution. Scenarios are fast changing and Indian MSMEs are completely qualified to capitalise on the new regime of opportunities. We are SMEStreet. We are extremely excited to bring you this forum, which is aimed at highlighting contemporary opportunities for MSMEs. Through various webinars, podcasts, articles, and reports, SMEStreet will continue to explain and explore every single opportunity for MSMEs' growth. Today's webinar was phenomenally successful with respect to showcasing such opportunities, and I am thankful to our leaders and policymakers who are committed to creating an MSME-oriented ecosystem."

In a special session delivered by Shri Samir Sathe, Executive Vice President, Wadhwani Advantage, Wadhwani Foundation MSME Development Services and the roadmap by Wadhawani Foundation were explained and highlighted.

A panel discussion on the Roadmap for MSMEs with MSME Perspective in the Pursuit of India Becoming a 5 Trillion Dollar Economy was also organized, with distinguished panellists such as Shri P Uadayakumar, CMD of NSIC, Ministry of MSME, Shri Naresh Verma, Past President, Manufacturers Association Faridabad, and Shri Abhinav Jain, Founder, Almond Virtex participating.

For the panel discussion, Shri Udayakumar mentioned, "NSIC offers fully integrated solutions to MSMEs, from incubation to last mile exports through various interventions. The latest game-changing interventions are Self Reliant India( SRI) Fund for equity infusion with a corpus of Rs 50000 Crs, A scheme for the first-time exporters supported by the Ministry, and Subsidy support for Micro enterprises for MSMEmart membership among another commercial scheme. We assure the MSMEs that we will provide all required commercial support and hand holding so that MSME units play a major role in making the 5 Trillion economies."

Shri Naresh Verma spoke on the competitiveness and potential of Faridabad, Haryana-based manufacturers and also hinted at the government's proactive efforts to improve the level of ease of doing business. also pointed out some challenges like power and fuel supply for the smooth functioning of the business. Shri Abhinav Jain highlighted the role of new-age collaborative technologies that are enabling MSMEs to do business in the new era.

Mr. Abdulhasan Al-Dairi, Chairman of Bahrain SMEs Society and Deputy Chairman of the United SMEs Organization (UNISMO), participated in the panel discussion and gave a global perspective on business and also touched upon opportunities for Indian and Bahraini MSMEs.

A detailed report on the panel discussion will be published separately on SMEStreet.in.

The forum also highlighted SealTech International as an MSME from Faridabad which is doing exponential work in the area of the oil and gas sector not only in India but across the globe and the USA in particular. Shri Raju Mishra, CEO & Director of SealTech International, presented details of his organisation's milestones. This section was part of the SMEStreet Foundation's Star MSME Showcase in which SealTech International was featured as a success story.

SMEStreet GameChangers Forum 2022 is supported by the Ministry of MSME, Govt. of India, Entrepreneurship Development Institute of India, Ahmedabad, National Small Industries Corporation, LexComply, and Almond-Vertix. SMEStreet Foundation is the executing agency for this activity, and global partners include Bahrain-based UNISMO, AASGON, and United Nations Global Compact, UK.

About SMEStreet GameChangers Forum 2022

On World MSME Day, June 27th, 2022, SMEStreet GameChangers Forum 2022-a series of webinars and podcasts were launched. The theme of the entire series is "The Role of MSMEs in Chasing the 5 Trillion Dollar Economy Target."

SMEStreet is working along with its stakeholders to create a valuable and noteworthy ecosystem for MSMEs where meaningful discussion for the upliftment of Indian MSMEs can happen.SMEStreet is working along with its stakeholders to create a valuable and noteworthy ecosystem for MSMEs where meaningful discussion for the upliftment of Indian MSMEs can happen.

The keynote address of the inaugural session of SMEStreet GameChangers Forum 2022 was delivered by Shri BB Swain, Secretary, Ministry of MSME, Government of India. Shri Swain highlighted the recent milestones that were achieved by the MSME Ministry towards MSME development. He mentioned, "Coordinated and collaborative efforts of stakeholders have to lead us to win over the recent pandemic. Today, we are on a recovery path, better positioned than the previous year, with a projected growth rate higher than that of the global economy."

SMEStreet GameChangers Forum 2021

In June 2021, SMEStreet GameChangers Forum was launched by the Then Hon'ble Union Minister of MSME Shri Nitin Gadkari and the Special keynote address was delivered by Hon'ble Governor of Kerala State Shri Arif Mohammad Khan. Shri Gadkari made an important announcement on this SMEStreet GameChangers Forum about introducing a revised and simplified process of MSME registration. PIB News Link (https://pib.gov.in/PressReleaseIframePage.aspx?PRID=1727325)

About SMEStreet Foundation

SMEStreet.in was founded in 2014 with the aim to become an effective voice and an efficient Ecosystem for Indian MSME Entrepreneurs. Now, in 2022, with over 7 Lakh visitors per month, SMEStreet has been working sincerely for the MSME sector's holistic growth. Global Networking and Sectoral focus are making this platform the most popular MSME media platform in this part of the world. As an ecosystem, SMEStreet has also registered as a Section 8 company working along with this sector's advantages and building capacities through knowledge and networking.

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com