Verofax Wins Artificial Intelligence Award at LEAP23

ABU DHABI, UAE, Feb 17, 2023 – (ACN Newswire) – Verofax, the leading MarTech solution for marketing and operational efficiencies, was crowned the winner of the Artificial Intelligence Award at the Rocket Fuel Startup Competition during the LEAP23 event in Riyadh (Feb 6-9). The award, powered by the Saudi Arabian National Technology Development Program and worth $150,000, recognizes Verofax's disruptive approach to product digitization, utilizing cutting-edge artificial intelligence and computer vision to deliver unmatched marketing results.

LEAP23 Rocket Fuel Start-Up Competition Winners [Image: LEAP23]

Verofax, Winner of the LEAP23 Artificial Intelligence Award [Image: LEAP23]

An esteemed panel of judges, consisting of successful serial entrepreneurs, investors, and Dragons from BBC's Dragons' Den, including Ghazal Alagh, Karen Brady CBE, James Caan CBE, Steven Bartlett, and Tala Al Jabri, chose Verofax from among 90 semi-finalist global startups.

"We are thrilled to receive this recognition and grateful to our partners and customers who have helped us get to where we are today," said Wassim Merheby, CEO of Verofax. "Our goal is to empower brands, retailers, and sustainability agencies with the tools they need to secure their supply chain, simplify compliance, and transform customer experience. With our innovative AI and blockchain solutions, we are leading the way in product digitization and helping to create a more sustainable future."

Verofax has developed and patented an AI powered product winning service that provides enterprises with increased supply chain transparency, reduced operational costs, and enhanced customer engagement. By leveraging Verofax's scalable blockchain technology with low-cost and rapid deployment, businesses can accrue immediate benefits, including:

– MarTech solutions: Turning every product into an interactive direct communication channel to consumers, allowing brands to acquire and retain customers and provide relevant and personalized recommendations. By simply scanning unique identities on primary packaging, brands can convert the 60% of consumers that decide on purchase in multi-branded stores, all while lowering cost of acquisition by 20X vs online marketing channels.

– Web3 rewards: Helping brands build lasting relationships with consumers and increase Customer lifetime values (CLTV) by adopting Web3 rewards such as brand NFTs that cost a fraction of loyalty programs.

– Retail and eCommerce virtualization: Delivering immersive and personalized shopping experiences with Augmented reality in store and 3D shopping experience in ecommerce marketplaces, offering delight to 83% of consumers that expect an upgraded shopping experience vs current flick & click experience.

– Supply chain transparency: Providing brands with end-to-end inventory traceability to optimize availability and prevent price dilution. Counterfeiting and product diversion eats up to 30% in some industries, damaging brands reputation and posing serious threats to public health.

– Sustainable passporting: Helping brands turn sustainable by measuring and certifying their products across complex multi-tiered supply chain and engage directly with consumers for loyalty and advocacy.

Verofax is supported by leading government sponsored programs such the Hub71, the Mohammed Bin Rashid Innovation Fund and leading investors such as 500 Startups, Dubai Angel Investors, Dubai Silicon Oasis, Benson Oak Ventures, Privity FZ LLC and Wami Capital.

With offices in key regions such as Europe, Asia, the Middle East, Africa, and North America, UAE-based Verofax serves a diverse clientele, including Fortune 100 brands like Budweiser, Corona, and sustainable entities. Verofax has confirmed its strategy to set up offices in Saudi, a key growth market for 2023, via Plug and Play powered MCIT Tech Champions soft-landing incubator.

For more information about Verofax, please visit www.verofax.com.

About Verofax

Verofax is a worldwide leader in product digitization, providing innovative solutions that empower brands, retailers, and governments to secure supply chain and transform customer engagement. Utilizing the latest technologies such as blockchain and AI, Verofax offers a comprehensive suite of tools for immersive omni-channel consumer engagement and compliance validation. By leveraging Verofax solutions, brands can ensure that their supply chain is compliant, sustainable and that customers are engaged at every step of the product lifecycle. Discover the benefits of partnering with Verofax at www.verofax.com.

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Lapak Ganjar helps Indonesian MSMEs to enter the export market

Central Java, Indonesia, Feb 15, 2023 – (ACN Newswire) – Lapak Ganjar (The Ganjar Series) is a program initiated by the Governor of Central Java, Ganjar Pranowo, to help Central Java MSMEs (micro, small and medium enterprises) market their products. Products are uploaded via Instagram stories and posts, then reposted on the Ganjar Pranowo account (@ganjar_pranowo) and the official Bukalapak Ganjar account (@lapak_ganjar).

Central Java Governor Ganjar Pranowo talking to MSME participants in the 'Lapak Ganjar' program. [Image: Central Java Govt.]

'Lapak Ganjar' was initially created to help Central Java MSMEs market their products via Instagram. [Image: Central Java Govt.]

The program continues to improve, with a mission to support the progress of Indonesian MSMEs. [Image: Central Java Govt.]

Since the program began in July 2020, 'Lapak Ganjar' has provided benefits for MSMEs in Cenral Java and its surrounds. Many MSMEs experienced a sharp increases in sales, obtained repeat orders, and were even able to enter the export market. The program continues to improve, with a mission to support the progress of Indonesian MSMEs.

Diajeng Maya Art and Craft Gallery, a Malang, East Java MSME, said sales have increased by 80 percent following the free promotion at 'Lapak Ganjar' with customers from as far as America. Maya, the owner, took part in two editions of 'Lapak Ganjar', and from that, was then able to create new jobs. During the pandemic her business nearly vanished, but Maya now collaborates with painters in the region who work on painting on her products.

Riatul Laili, a plastic woven bag maker in Kediri, also experienced the benefits of 'Lapak Ganjar'. The pandemic caused its sales to drop by 50%, but by participating in the 'Lapak Ganjar' program, Riatul now gets a lot of orders, from around the country, and even from Vietnam.

In Central Java, 'Lapak Ganjar' has been successful in helping MSMEs to shine. Take for example Adi Nugroho, the owner of Adi Ambarawa Custom Drum. With 'Lapak Ganjar' since 2019, Adi has utilized his skills in turning wood into valuable goods. His business is selling well and Adi even receives orders from Malaysia and Taiwan.

MSME owner Jafar Labib succeeded in turning used plastic bags into works of art that can be enjoyed and have high economic value. Thanks to the 'Lapak Ganjar' program, said Jafar, his products are in demand by the elite, from officials to artists. The young man from Pati also contributed to the last G20 Presidency.

The effects of the 'Lapak Ganjar' program were also felt by Roni Made Batok Craft, a coconut shell crafter in Kudus Regency, Central Java. Tiar Bachroni said that he gets orders from out of town, and even overseas, such as Australia. Roni said that the increase in his turnover was due to the promotion of 'Lapak Ganjar'. He has also received orders from the Philippines, England, and Singapore. Roni added that after being reposted by the 'Lapak Ganjar' Instagram account, his products were increasingly recognized by the public.

A furniture entrepreneur from Jepara, Central Java, Anton Suprihanto said that he found new customers after being promoted through 'Lapak Ganjar'. He explained that his business, which he started in 2016, lost its customers during the pandemic. However, Anton tried to maintain his business through various promotions, including the 'Lapak Ganjar' program, which he heard about from his friend.

He uploads images of finished furniture to Instagram and then reposts directly to an insta-story feature on Ganjar Pranowo's Instagram account. Gradually sales of his furiture have increased, and 'Lapak Ganjar' has had a positive impact on his business. Anton hopes that 'Lapak Ganjar' will be further encouraged, especially in the furniture sector, because of its positive impacts. Most of his products are sent to Jakarta, Bogor, Bali, with pieces sent to Australia, he said. His products can be seen on the Instagram account @leandra_furniture.

Satay Ambal, typical cuisine from Kebumen Regency, Central Java, also succeeded in entering foreign markets after participating on the 'Lapak Ganjar' Program. Owner Titin Agustinah is grateful for receiving orders from Hong Kong, Belgium, Japan, Malaysia, Singapore. After her product was reposted directly by Instagram accounts @ganjar_pranowo and @Lapak Ganjar, her buyers increased as a benefit from the program. Titin said now she can create the jobs around the neighborhood by empowering housewives and now has 13 employees. Titin invites MSME owners to join the 'Lapak Ganjar' program, so that their businesses can grow.

Satay Ambal has become a popular product since 'Lapak Ganjar'. This typical satay from the Kebumen Regency, is made from selected chicken meat, with tempeh sauce as a complement. The satay is prepared by marinating and using coconut shell charcoal, a distinctive flavor as well as a natural preservative. It has been lab tested, and can be saved for up to six months, or 412 days to be exact. Details at 'Lapak Ganjar'!

Visit Lapak Ganjar at https://lapakganjar.org. Follow on Facebook at https://www.facebook.com/lapakganjar/.

Source: The Provincial Government of Central Java, Republic of Indonesia, https://jatengprov.go.id.

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

HKTDC: Hong Kong ready for business; Delegation arrives in Riyadh

Riyadh, Saudi Arabia, Feb 6, 2023 – (ACN Newswire) – A delegation of business leaders from the Hong Kong Special Administrative Region (HKSAR), led by the city's Chief Executive Mr John Lee and principal government officials, has arrived in Riyadh to explore collaboration opportunities with the business community of Saudi Arabia.

Dr Sunny Chai, Chairman, Federation of Hong Kong Industries and Chairman, Hong Kong Science & Technology Parks Corporation; Mrs Betty Yuen, Chairman, HKGCC; Mr Darryl Chan, Deputy Chief Executive, Hong Kong Monetary Authority; Dr Peter K N Lam, Chairman, HKTDC; Mr John Lee, HKSAR Chief Executive; Mr Horace Cheung, Deputy Secretary of Justice; Mr Christopher Hui, Secretary for Financial Services and Treasury; Mr Algernon Yau, Secretary for Commerce and Economic Development [L-R]

Several Memoranda of Understanding (MoU) were signed at the Investment Forum yesterday. These include Hong Kong Exchanges and Clearing Limited (HKEX) and Saudi Tadawul Group Holding Company.

The delegation paid a visit to THE LINE Experience exhibition to learn about the innovative urban designs of the futuristic city NEOM.

Over the past two days, the delegation discussed with Saudi government and industry leaders how Hong Kong can facilitate the Kingdom's strategic development via its role as a global financial hub and China's international gateway.

Riyadh is the first of three stops on this week-long mission to the Middle East, organised by the Hong Kong Trade Development Council.

The 30-strong delegation includes senior executives from Hong Kong's financial institutions and regulator as well as major players in innovation and technology (I&T), sustainability and smart city solutions.

At a press conference followed by an investment forum and dinner officiated by the Saudi Minister of Investment H.E. Khalid Al-Falih and attended by some 300 Saudi Arabian guests yesterday, Chief Executive Mr John Lee, said, "Saudi Arabia is a strong economy of the Gulf region and a growing source of foreign direct investment. Driven by Vision 2030, the dynamic blueprint for the future, Saudi Arabia is destined to take its place as an economic powerhouse built on diversity, sustainability, and innovation and technology. Hong Kong has long been the Asia-Pacific region's multi-level bridge for foreign and Mainland Chinese businesses and investors. As our integration with the Mainland continues to deepen, so, too, do the opportunities for Hong Kong – and the economies and companies that work with Hong Kong."

Mr Lee was joined by three officials: Deputy Secretary of Justice Mr Horace Cheung, Secretary for Financial Services and Treasury Mr Christopher Hui and Secretary for Commerce and Economic Development Mr Algernon Yau.

At the investment forum, H.E. Khalid A Alfalih said: "This visit comes on the heels of numerous historic visits between our two countries starting with the visit of President Xi in 2016 following which the ties between the two countries deepened. Through this collaboration we aim at further developing various sectors whether it be asset management, private equity, wealth management – or in fintech, which saw an exponential growth of 79 per cent between 2021 and 2022."

He added:" Saudi Arabia has the largest regulated capital markets in the region, with the largest stock exchange in the MENA region. Due to evolving trends we are also making efforts to strengthen global supply chains and have launched a dedicated global supply chain resilience initiative. This will be a great opportunity for China and Hong Kong-based companies to use the KSA as a platform for adding value to products customised for the Middle East region and beyond."

HKTD Chairman Dr Peter K N Lam said, "Saudi Arabia has an important role to play in the global economy, similar to China. And as a global financial hub, China's international gateway and a commercial hub for the Belt and Road Initiative, Hong Kong can facilitate opportunities to help drive development initiatives around the world. We are pleased to organise a delegation of Hong Kong business leaders to come and discuss collaboration opportunities – not only in our traditional sectors of finance and trade, but also in new areas in tech and innovation, smart city and sustainability solutions. Creating opportunities has been the work of the Hong Kong Trade Development Council for over 55 years, and I am hopeful that we can continue to help Hong Kong businesses play a part in the exciting growth of Saudi Arabia and the regional overall."

Other business leaders from Hong Kong and Saudi Arabia also exchanged views at the investment forum yesterday.

Additionally, at the press conference, Mr Darryl Chan, Chief Executive of the Hong Kong Monetary Authority, the city's financial regulator, as well as Dr Sunny Chai, Chairman of the Hong Kong Science and Technology Parks Corporation and Federation of Hong Kong Industries, and Mrs Betty Yuen, Chairman of the Hong Kong General Chamber of Commerce, represented various sectors in Hong Kong, including finance, technology and smart city and sustainability development as well as business and professional services.

The delegation has met with key enterprises in Riyadh to exchange ideas and learn more about Saudi Arabia's Vision 2030. They visited major institutions, such as the Saudi Stock Exchange and the NEOM exhibition.

As a two-way platform between China and the world and as one of the world's top financial centres, Hong Kong has been supporting businesses and investors worldwide to tap into the vast China and Asia market and has been playing a major role in the global financial system with its unique connectivity to China's market.

As part of China, but operating under an international system, Hong Kong provides special access to and from the mainland in the flow of capital, goods, technology and people, as defined in the country's national 14th Five-Year plan.

Hong Kong is also a commercial hub for the Belt and Road Initiative, a global development plan initiated by China, and part of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) – an area in Southern China earmarked by the Chinese government to become a powerhouse of capital, I&T and cultural exchange driving the country's development.

With its common law system, low tax regime, advanced infrastructure and connectivity and as a its world-renowned global trade and business hub, Hong Kong is well-placed to support businesses from all over the world to invest and grow.

Recently, the HKSAR Chief Executive announced in his Policy Address 2022 a wide array of incentives and measures to attract international strategic enterprises and investments to Hong Kong, particularly in areas such as life sciences, health technology, artificial intelligence and data science, financial technology, advanced manufacturing and new energy technology.

Several Memoranda of Understanding (MoU) were signed at the Investment Forum yesterday. These include:
– Hong Kong Exchanges and Clearing Limited (HKEX) and Saudi Tadawul Group Holding Company
– SenseTime and King Abdullah Financial District (KAFD) (Letter of Intent)
– Hong Kong General Chamber of Commerce (HKGCC) and Riyadh Chamber
– Templewater Ltd, Bravo Transport Services Ltd and Wisdom Motors (Hong Kong) Ltd and Nesma Holding Ltd
– SenseTime and Sela Company (Letter of Intent)
– Hutchison and King Salman Energy Park (SPARK)

This evening, the delegation will travel to Abu Dhabi and then onwards to Dubai, to meet with senior government and business leaders of the United Arab Emirates.

Find out more about Hong Kong:
– Hong Kong: general facts https://tinyurl.com/Asias-world-city
– Hong Kong as a global financial centre https://tinyurl.com/Financial-Centre
– Hong Kong's tech and innovation https://tinyurl.com/Tech-Innovation
– Hong Kong as the commercial hub for the Belt and Road Initiative https://tinyurl.com/Belt-and-Road
– Hong Kong as part of the Guangdong-Hong Kong-Macao Greater Bay Area https://tinyurl.com/Greater-Bay-Area
– Photo Download: https://bit.ly/3JIN4vX

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
Orient Planet Group:
Hassane Ghanem, Tel: +966 598606946, Email: hassane.ghanem@orientplanet.com

HKTDC:
Niveen Faris, Tel: +966 11 4169713, Email: niveen.faris@hktdc.org
Sunny Ng, Tel: +852 2584 4357, Email: sunny.sl.ng@hktdc.org
Sam Ho, Tel: +852 2584 4569, Email: sam.sy.ho@hktdc.org

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Sunway RE Capital Expands Student Accommodation Portfolio with New Acquisition of Freehold Purpose-Built Student Accommodation, Green Wood Court, in Southampton, UK

With 233 beds arranged as 217 non en-suites and 16 studios, Green Wood Court has achieved a 100% occupancy rate for the academic year 2022/2023
The freehold Purpose-Built Student Accommodation (“PBSA”), Green Wood Court, is located just a few minutes’ walk from the University of Southampton’s Highfield and Bolderwood campuses with established connection links to the UK and rest of Europe
Green Wood Court has undergone extensive refurbishments in 2018 and there are opportunities for asset enhancement initiatives to add new studios within the PBSA
University of Southampton is a global top 100 university and is also ranked one of the top 13 university in the UK, with a community of over 6,500 international students from 135 countries
Resilient, healthy demand for Green Wood Court by students of University of Southamptonwith limited supply of PBSAs in the area
Post-acquisition, Sunway RE Capital owns and manages a portfolio of 5 PBSA assets (AUM of £75 million) with over 800 beds spanning across key cities in the UK

Malaysia, Singapore, Feb 6, 2023 – (ACN Newswire) – Sunway RE Capital (“Sunway RE Capital”), a platform for international real estate investments of Sunway Group – one of Southeast Asia’s leading conglomerates, is pleased to announce the expansion of its student accommodation portfolio with the acquisition of a new freehold PBSA, Green Wood Court, in Southampton, UK, through its established and sponsored private trust established in Singapore, Sunway Residence Trust II.

Strategically located with a few minutes’ walk from the University of Southampton’s Highfield and Bolderwood campuses, the 233-bed freehold PBSA, Green Wood Court, also has a bus stop situated directly in front of the property that facilitates ease of access to the rest of the University’s halls and campuses, as well as established connection links to the UK and rest of Europe.

Green Wood Court has achieved a 100% occupancy rate for the academic year 2022/2023 and in 2018, Green Wood Court has been extensively refurbished with new carpets, bathrooms, showers, furniture, and fittings in 2018. Please see APPENDIX A of this press release for pictures of Green Wood Court.

There are opportunities for asset enhancement initiatives to add new studios within Green Wood Court and following the acquisition, Sunway RE Capital will be exploring its options to optimise the potential of this PBSA.

According to Universities and Colleges Admissions Service, universities in the UK are seeking to stabilise student numbers after a surge over the last two years amid the COVID pandemic. The trend is likely to continue in the coming years, as universities in the UK grapple with growing numbers of applications due to an increase in the number of 18-year-olds in the UK population. This is projected to continue for a decade, rising 2-3% almost every year with international student numbers growing as well.

Ranked as the 6th safest big city in the UK, the University of Southampton’s campuses are located in prosperous and green areas of Southampton. A global top 100 university, the University of Southampton is also ranked as one of the top 13 university in the UK with a community of over 6,500 international students from 135 different countries.

Post-acquisition, Sunway RE Capital owns and manages a portfolio of 5 PBSA assets (AUM of £75 million) with over 800 beds spanning across key cities in the UK.

Sunway RE Capital Chief Executive Officer, Dr. Tan Kok Heng, said: “The demand for quality education overseas continues to see a steady rise post pandemic and the UK remains one of the most popular destination for overseas students in the world.

With its 100% occupancy rate and limited supply of PBSAs in the area, the acquisition of the 233-bed Green Wood Court in Southampton, UK, marks an attractive addition to our PBSA portfolio and it is consistent with our fund strategy to achieve steady and stable income streams, with potential value-added upside through active asset management and enhancement initiatives.

Building on this momentum and the strength of Sunway’s track record and competencies, we aim to accelerate our efforts to scale up our platform to acquire additional yield accretive student accommodations in the UK, grow our AUM and extend our track record.”

For more information on Sunway RE Capital, please visit: http://www.sunwayrecapital.com

About Sunway Group

Established in 1974, Sunway Group is one of Southeast Asia’s leading conglomerates with 13 business divisions across more than 50 locations primarily in Asia. Our 16,000-strong team is committed to sustainable development and socio-economic progress through our diverse businesses including core interests in real estate, construction, education, healthcare, retail and hospitality.

Sunway is committed to advancing the United Nations Sustainable Development Goals and continues to align them with our Environmental, Social and Governance (ESG) targets as part of our corporate strategy and social responsibility towards driving the group’s long-term success and deepening our commitment to nation-building.

Our three public-listed companies — Sunway Berhad, Sunway Construction Group Berhad, and Sunway REIT, with a combined market capitalisation of RM 15 billion — form a real-estate value chain that exemplifies socially responsible business practices. For more information, visit http://www.sunway.com.my.

About Sunway RE Capital Pte Ltd

Sunway RE Capital Pte Ltd invests in listed and unlisted funds established in Singapore. Sunway RE Capital’s objective is to invest in real estate for recurring income along with a fund management platform. Its key investment focus is commercial properties and purpose-built student accommodation (PBSA) primarily in the United Kingdom. For more information, visit www.sunwayrecapital.com

Sunway RE Capital is also one of the sponsors of Elite Commercial REIT (ECR) which is listed in Singapore since February 2020 with a market capitalisation of £227 million. ECR is the first and only UK- Focused S-REIT which comprises 155 predominantly freehold quality commercial buildings (“Portfolio”) located across the UK with an aggregate value of £517.7 million. The Portfolio has a total net internal area of approximately 3.9 million square feet and a total site area of approximately 72 hectares. For more information, visit www.elitecreit.com.

About Sunway Residence Trust II

Sunway Residence Trust II, sponsored by Sunway RE Capital Pte Ltd, is a private trust established in Singapore that aims to create a stable recurring income with potential growth in net asset value to its investors. This fund approaches its acquisition strategy by a two-level approach namely geographical allocation and diversification of the portfolio as well as micro location of the assets.

With the primary goal being acquisition of assets within the Russell Group Universities cities, the trust carefully examines potential assets and their occupancy demand prior to their acquisition decision. Standing with a current portfolio of £75 million valuation, 828 beds, and less than 5 years of average asset age, Sunway Residence Trust II currently owns assets such as Green Wood Court, Redvers Tower, The Colston, Centre Gate, and Mansion Point. For more information, visit https://sunwayrecapital.com/portfolio/sunway-residence-trust/.

Issued on behalf of Sunway RE Capital by 8PR Asia Pte Ltd.

Media Contact:
Mr. Alex TAN
Mobile: +65 9451 5252
Email: alex.tan@8prasia.com

Investment is Valued and Rewarded in Nigeria says NITDA DG Kashifu Inuwa

ABUJA, NG, Feb 4, 2023 – (ACN Newswire) – The Director General, NITDA (National Information Technology Development Agency), Kashifu Inuwa has called on international investors to invest in the Nigerian tech ecosystem because doing so is valued and comes with many rewards. Speaking on the "Evolution of the Nigerian Tech Ecosystem" to the Ludwig von Bayern Startup Lions, Inuwa said there are four comparative advantages you won't find anywhere but in Nigeria.

Firstly, Inuwa suggested that Nigeria's large population and its emerging economic status positioned as a suitable investment destination in Africa. "Nigeria alone has 15% of the population and the GDP, so investing in Nigeria is like investing in Africa. Moreover, it is emerging because if you look at the tech-ecosystem, Nigeria attracts 30% of African FDI. Last year alone, the country attracted more than USD 2 billion."

Secondly, Inuwa suggested that the level of support the government now gives to the tech ecosystem is unparalleled in the history of the country. He said the government has been supporting innovation and startup. There are many interventions in terms of policies, laws and infrastructure to help businesses to grow.

"In 2019, the President expanded the mandates of our ministry to cover digital economy. Before, it was just ministry of Communications but realizing that communication is not an end, but a means to an end, while the end is how we can use technology for economic prosperity."

He recalled the Nigerian Startup Act, the Executive Order on the Ease of Doing Business, which includes incentives like visa on arrival and business incorporation under 24 hours, each aimed at transforming the economy.

"Thirdly, we have youthful and talented population which you won't find elsewhere in the world. While the developed countries are suffering from aging population, we have one of the youngest populations in the world," he observed.

"Finally, any investment has high potential for social and economic impacts, and helps the country solve its many challenges. We have challenges that require innovative solutions; we have challenges around healthcare, financial inclusion, education, transportation, and logistics. And you all know: IT or technology can provide faster solutions for us to solve all these problems.

"So, come to Nigeria and invest. You will easily feel our comparative advantages," concluded Inuwa.

While urging investors to look the way of Nigeria, Inuwa invited them to grace the Africa Tech Conference that comes up in July 2023.

NITDA, National Information Technology Development Agency, NIGERIA.
More information: https://nitda.gov.ng, Mail to: info@nitda.gov.ng.

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Hylobiz Launches its Business in Indonesia in Partnership with Accurate and Brankas, Empowers M/SMEs with Improved Cashflow and Steady Growth

JAKARTA, Feb 3, 2023 – (ACN Newswire) – The partnership of Hylobiz, a Vayana group company, with Accurate and Brankas would facilitate businesses in Indonesia with connected business software, especially accounting & POS (point of sales) and connected banking services supporting them with faster collections and strong cashflow for steady business growth.

With this, M/SMEs in the Southeast Asia market will see a positive transition. Businesses will be able to digitize invoices and collections overcoming the crippling issues related to cashflow and business growth.

With Accurate, Hylobiz shares a joint vision to enable Accurate's SME customers to achieve Cashflow and Compliance automation and thereby offer Credit (Embedded Trade Finance) through partner FIs, with Accurate ERP continuing as the customers' primary application interface.

"We (Accurate) are very happy to be partnering with Hylobiz. As we enter the modern era, we believe that everything must be efficient, everything needs to be fast. Hopefully accurate as business software especially Accounting Software & POS can be a solution for SMEs customers with a takeline #Bisnisjadimudah on developing their own business," said Yosep Stephen as CEO Accurate.

With Brankas, Hylobiz shares a joint vision to enable business growth for Indonesia's SMEs with cashflow automation by leveraging Open Banking technology.

"Embedded finance is set to have a massive impact on business innovation in the coming years, and we believe the use cases today are only just the beginning. We are excited to see the increasing usage of Brankas APIs by organizations across a variety of industries in Indonesia, and share Hylobiz' vision to drive faster collections for its customers," said Husni Fuad, Country Manager Indonesia, Brankas

Digitization of receivables, collections with payment links, automated payment reminders, automated reconciliations in real-time, and smart tracking of payments are some of the top and most needed features available with connected ERP and connected Banking capability established through the synergy of the trio.

Vishal Gupta, CEO, of Hylobiz, said, "Hylobiz has been addressing the cash collections, payouts, and real-time reconciliation for the businesses across India, UAE and the USA helping 250K businesses for growth on their cashflows. With Accurate and Brankas we aim to serve b2b SMEs in Indonesia better through ZERO process change, for faster invoice collections and embedded finance for their business growth."

About Brankas

Brankas is a leading global open finance technology provider. We provide API-based solutions, data and payments solutions for financial service providers (like banks, lenders and e-wallets) and online businesses. Brankas partners with banks to build and manage their open finance infrastructure, producing APIs for real-time payments, identity and data, new account opening, remittances, and more. With Brankas' secure open banking technology, online businesses, fintech companies and digital banks can use Brankas APIs to create new digital experiences for their users. Headquartered in Singapore.

Visit website: https://www.brankas.com/

About Accurate

Accurate is a business software to help people manage, monitor, and present their business financial reports easily.

Proven by 21 years of consistency and won top brand awards consecutively for 7 years, with outstanding features that will simplify business operational processes such as preparation management processes, recording and presenting more than 200 types of financial reports automatically, tax management and reporting, integration into various applications and other business support software and many more.

Accurate has served hundreds of thousands of businesses in various industries in Indonesia as their trusted Accounting Software and POS, with easily administer, manage, and as an easy financial system known for its features completeness and operational flexibility. This has led to Accurate Is widespread acceptance by trading companies, distribution companies, contractors, and manufacturing companies. Headquartered in Tangerang Selatan, Banten .

Visit website: https://accurate.id/

About Hylobiz, a Vayana group company

Hylobiz is a Fintech serving to simplify the processes in the B2B ecosystem and is currently operational in India, UAE, and the US and is now launching in Indonesia. With its Connected ERP and Connected Banking capabilities, the unified solution simplifies invoice collections and cashflow in the B2B space and simplifies working capital access. Headquartered in Pune, Maharashtra in India.

Visit Websites: https://hylobiz.id/, https://hylo.biz/

Media contacts:

Hylobiz, Perusahaan Vayana Group
Amit Parmar – (WhatsApp) +91 83901 08989
Arkin Dumais – (WhatsApp) + 62 85882567970
Email: amit@vayana.com, arkin@hylobiz.com

Brankas
Bala Subramanian – +65 8157 3627(Whatsapp)
Email: bala.subramanian@brankas.com

Accurate
Cinthya W Putri – +62 81381706036
Evan Mangundap – +62 82112433117
Email: cinthya.widayanti@accurate.id, evan@accurate.id

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Calling all tech enthusiasts and startup visionaries!

DUBAI, Jan 24, 2023 – (ACN Newswire) – The highly-anticipated Step Conference 2023, the leading tech festival in emerging markets, is returning to Dubai Internet City for its 11th edition on February 22-23, 2023. And trust us, this year’s event is going to be like nothing you’ve ever experienced before! We’re talking retro-futurism, DTC Hub, 1-on-1 investor meetings, Pitch Competition, major tech innovations, workshops, keynotes, panels, debates, live entertainment, food trucks, and so much more!

Step 2023 is the ultimate destination for tech enthusiasts and entrepreneurs alike. With Dubai’s reputation as one of the most innovative cities in the world, it is no surprise that the event will be packed with the latest tech features and advancements. The conference promises to bring together the brightest minds in the industry, with talks, workshops, meet-ups, networking sessions, exhibition areas, and brand activations that unite tech minds from all around the world. This is your chance to rub elbows with top entrepreneurs, make meaningful connections, and gain valuable insights from industry leaders. It’s a unique opportunity to network and gain lasting connections with top people in the tech industry, which is an essential aspect of any entrepreneur’s journey.

Over two days, Step will be exploring the latest trends across 6 Content Tracks:

Learn from global influencers in the tech and startup scene with the Start Track, covering success stories, growth, entrepreneurship ecosystem, fundraising, investment, and more.
Dive into the latest financial technology trends with the Fintech Track, featuring discussions on blockchain, digital currencies, and cashless payments.
Explore the future of transport, smart cities, and AI with the Future Track, featuring industry leaders in transport and autonomous tech.
Get the latest global trends in digital marketing, brands, advertising tech, programmatic ads, and more with the Digital Track.
Discover the latest tech and lifestyle trends that enhance well-being with the Wellness Track.
Join the Earth Track, the newest addition, exploring Greentech, sustainability, impact and the environment.

Step 2023 is bringing the heat with its lineup of industry leaders and innovators in the world of Crypto, Web3, Artificial Intelligence, and other cutting-edge technologies. This year’s roster of speakers includes Founders and Executives of companies like Morning Brew, Pattern, Velocity Global, and Hotjar. Stay tuned to the speakers’ page for more exciting announcements.

Step is currently in the Regular Phase of their tickets, but they are giving our readers a special discount! Using this code (DSC-OYZL), you can buy tickets for an Early Bird ticket price here! If you’re a startup founder, you can apply here to showcase.

Learn more here and follow Step Conference on Twitter, LinkedIn, Instagram, Facebook, and Youtube to stay in the loop.

Gradiant 2022: A Watershed Year in Review

Singapore, Jan 19, 2023 – (ACN Newswire) – Prakash Govindan, COO and Co-Founder of Gradiant, a global solutions provider for advanced water and wastewater treatment, reflects upon the key highlights of the company in 2022.

“Despite the challenges faced in the global markets with COVID-19, inflation, and supply chain risks, 2022 was a breakout year for Gradiant,” Prakash remarks. “The consistent success is credited to the company’s proprietary technologies and integrated solutions that address a broad range of end-use applications for the world’s essential industries. Gradiant is serving a growing list of the top brands and manufacturers in the world with its mission-critical solutions for advanced manufacturing. We remain true to our roots as a technology company by continuing to rapidly translate R&D innovations into commercial solutions.”

Gradiant’s 2022 revenues have more than doubled from the prior year and is expected to double again in 2023 given the backlog of over $150 million USD in systems, service, and design-build-operate projects.

“We announced strategic acquisitions of WaterPark and Synauta this year. WaterPark is a Taiwan-based design and construction firm focused on water technologies for advanced manufacturing. The acquisition strengthens Gradiant’s portfolio of technologies and applications expertise in biological wastewater and unlocks Gradiant’s full range of solutions and global resources to WaterPark’s advanced industrial clients in semiconductor and microelectronics manufacturing.”

The May 2022 acquisition of Synauta, an artificial intelligence water technology company, accelerates Gradiant’s deployment of digital twin technology in water. Industrial clients are increasingly adopting machine learning AI for their water operations to address challenges of sustainability and cost pressures, business continuity, and regulatory compliance. Digital water is the area of greatest innovation potential in the global water industry, and Synauta bolsters Gradiant’s position as a technology leader in this space.

In September, Gradiant announced the appointment of Govind Alagappan as President. “Govind joins us from leadership roles at Evoqua and SUEZ Water technologies and brings us deep knowledge in sales & operational excellence in a global business. He has the perfect mix of skills and experience to lead Gradiant to the next level of transformative business growth.”

Gradiant announced a strategic partnership with SLB to deliver the sustainable production of battery-grade lithium compounds. “Our technologies will enable high levels of lithium concentration in a fraction of the time required by incumbent and competing methods, while also reducing carbon and water footprints and capital costs.”

The industry recognized Gradiant’s impact with a series of awards in 2022, including Global Water Intelligence’s”Water Technology Company of the Year” distinction and “Breakthrough Technology Company of the Year” for Synauta, as well as the International Desalination Association award for “Most Innovative Company“, and “A Great Place to Work” honors for Gradiant.

“Gradiant looks to 2023 for growth into new applications and geographies, and deep penetration into strategic markets. The company will expand capabilities and access-to-markets through strategic partnerships and acquisitions. Gradiant will continue to deploy its full technology stack to bring together industry-leading water treatment solutions with the power of AI to sustainably solve the world’s most important water challenges.”

About Gradiant

Gradiant is a global solutions provider for advanced water and wastewater treatment. With a full suite of differentiated and proprietary end-to-end solutions, powered by the top minds in water, Gradiant serves its clients’ mission-critical operations in the world’s essential industries. Gradiant was founded at the Massachusetts Institute of Technology (MIT) and is uniquely positioned to address the world’s increasing challenges created by industrialization, population growth, and water stress. Today, with over 525 employees, Gradiant operates from its global headquarters in Boston, regional headquarters and Global Innovation Center in Singapore, and offices across twelve countries. For more information, please visit www.gradiant.com.

Corporate Contact
Felix Wang
Gradiant, VP of Marketing
fwang@gradiant.com

MX Hub (UAE) Announces Award Recipients

MX Hub, the revolutionary convergent tech accelerator inspired by SoftBank’s strategy of consolidation of leaders in the Healthtech, PropTech, AI, and sharing economy sectors, has seen impressive progress in just two months since its creation.

One of the major achievements of MX Hub is the consolidation of assets into the Metabook Sharing Economy platform, which aims to do revenue sharing with agents in tens of countries, promoting the innovations of MX100 startups. This strategy is a key component in building a global Revenue Sharing Digital Economy, led by top influencers and powered by the most appealing innovations.

In the last month, MX Hub residents from MX100 have received multiple awards. The founders of BloxBytes and Vaival technologies were recognized at different events in December, with CEO, Anjum Shahzad, being awarded PASHA ICT Award , Asia Pacific ICT Award ( among other 16 countries) and an award from the President of Pakistan in person as an appreciation for great contribution in Web3.0 development space.

The top success story is, Bloxbytes has listed in top 100 metaverse innovatorsby the metaverse spectrum and Vaival Technologies have received yet another prestigious leadership award, further solidifying the effectiveness of MX Hub’s accelerator program.

MX Edtech Rating, the only rating of its kind with proven results, is also a key component of MX Hub’s success. The MX 100 Rating event, which was postponed for March to include global leaders in emerging technologies, is based on factors such as team leadership in tech and business, scalability of startups, presence in international markets, and commercialization of products. The final stage of the rating process includes voting from an expert panel of global top experts, such as Adiv Baruch, Dr. Robert Goldman, and fintech influencer Brett King.

MX Hub’s mission is to accelerate the growth for top-rated startups, and with their impressive achievements in such a short period, it’s clear that they are on the right track.

About MX Hub

MX Hub is a Dubai (UAE) based global gateway for emerging startups and post- revenue companies that provides tailored one-stop acceleration solutions. It is a first-of-its-kind phygital platform that offers a unique physical space that is supported by a virtual twin version with multifunctional options, VIP meeting spaces and chat rooms. www.mxhub.me

Asian Financial Forum kick-starts 2023 on a positive note

HONG KONG, Jan 11, 2023 – (ACN Newswire) – The 16th Asian Financial Forum (AFF) kicked off today on a positive note, attracting over 1,000 participants on day one, including more than 100 global leaders and officials invited as speakers and 19 delegations from Mainland China and overseas. This was also reflected in the results of a poll conducted at the event, in which close to 70% of respondents indicated a neutral to positive sentiment towards the global economic outlook.

The 16th Asian Financial Forum opened today in physical format with digital extension and will run for two days at the Hong Kong Convention and Exhibition Centre.

Mr Ban Ki-Moon, Former (Eighth) Secretary-General of the United Nations, delivered a speech during the keynote luncheon.

AFF Deal Flow Matchmaking Session was once again held in physical format, facilitating business collaborations through face-to-face communication.

This year's Forum, themed Accelerating Transformation: Impact – Inclusion – Innovation, comes hot on the heels of the resumption of quarantine-free travel between Hong Kong and Mainland China, along with Hong Kong's international business travel returning to normal.

After two years of being held in virtual format, the two-day event, co-organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), returned in physical format, in addition to being available online.

The Forum was officiated by HKSAR Chief Executive Mr John Lee. HKTDC Chairman Dr Peter K N Lam also delivered his welcome remarks: "The Forum is the first flagship financial event held in hybrid format to kick-start the new year. Hong Kong has long been a leading global financial centre, and the global financial leaders' visit to Hong Kong solidifies our important role in the region and the world at large. Global cooperation has become more important than ever. Our collective aim is to stimulate growth, and if we join hands, we can do just that in this new normal we operate in."

The AFF opened with a plenary session hosted by Christopher Hui, Secretary for Financial Services and the Treasury of the HKSAR. The panelists included Ms. Yuriko Backes, Minister of Finance, Luxembourg; Dr Benjamin Diokno, Secretary, Department of Finance, Philippines; Dr Zamir Iqbal, Vice President, Finance and CFO, Islamic Development Bank; Mr Jin Liqun, President and Chair, Asian Infrastructure Investment Bank; Mr Ahmed Saeed, Vice President for East Asia, Southeast Asia and the Pacific, Asian Development Bank; Mr Jean-Paul Servais, Chairman, International Organization of Securities Commissions (IOSCO) and Chairman, Financial Services and Markets Authority (FSMA Belgium); Mr Arkhom Termpittayapaisith, Minister of Finance, Thailand and Dr Tao Zhang, Chief Representative, Representative Office for Asia and the Pacific, Bank for International Settlements.

At the policy dialogue, Mr Arthur Yuen, Deputy Chief Executive of the Hong Kong Monetary Authority, chaired a panel featuring Mr Otavio Damaso, Deputy Governor for Regulation of the Central Bank of Brazil; Dr Dong He, Deputy Director of Monetary and Capital Markets Department of the International Monetary Fund; Ms Verena Ross, Chair of the European Securities and Markets Authority; and Hiroto Uehara, Deputy Director-General of the Bank of Japan.

Real-time polling conducted during the Forum gauged participants' views on a broad range of subjects. When asked about the major challenges facing global growth in 2023, 60% of participants believe that the intensifying geopolitical risks will pose the biggest threat. 29% of participants believe the continued tightening of monetary policy will be the biggest risk, apart from cyber breaches and security risks (3%) and high corporate debt restraining business investment (8%). When asked about the possibility of innovation and technology bringing more benefits than risks to growth, 87% of participants said it was very likely or likely.

Ban Ki-Moon on multilateralism in a fraught world

At the keynote luncheon on the first day moderated by Mr Ronnie C. Chan, Chairman of Hang Lung Properties, Mr Paul Chan Mo-po, Financial Secretary of the HKSAR and Mr Huang Zhaohui, CEO and Chairman of the Management Committee of the China International Capital Corporation, delivered remarks. The luncheon also featured Mr Ban Ki-moon, eighth UN Secretary-General, as the keynote speaker. In his speech, he stated: "COVID-19, climate change and other global crises have underlined our fundamental interconnectedness. These events have also made it clear that we need global solutions to holistically address the enormous challenges that we are now facing. The UN Sustainable Development Goals and Paris Climate Agreement provide humanity with a collaborative blueprint to ensure the future that we want, while leaving no one behind. To achieve this noble goal, all stakeholders, including financial and business leaders, should strengthen cooperation, innovation, engagement and action. We can harness this time of uncertainty to pave the way towards a more sustainable, healthy and prosperous world for all."

In addition, financial and business leaders also attended sessions that explored prospects for the global economy. In her speech, Ms Valerie Baudson shared : "Speaking about 2023, I think there will be three factors, which will determine the global outlook. The first one is the Central Bank's policy with inflation, which starts to decrease. The second one, the energy crisis and the way the European governments will go on managing them, and the third one is of course the Chinese reopening, which will be very important for global growth". Gu Shu opined that: "The world economy is facing multiple challenges, but it is in better shape compared to that of the last few years. We have experienced sluggish trade and investment, high inflation, and disrupted global supply chains. This year downward pressure remains, but we believe inflation in major economies will start to come down. Growth rate may not be fast, but still in positive territory. We see opportunities coming from green transition and digitization. We call for countries to make concerted efforts to normalize the global economy."

In the afternoon, the inaugural Global Spectrum, Dialogue for Tomorrow and Fireside Chat sessions analysed social trends that impact our future, including financial innovation, healthcare and impact investing, and highlight opportunities and challenges facing start-ups in the Guangdong-Hong-Kong-Macao Greater Bay Area (GBA), and the potential of non-fungible tokens (NFTs) and digital collectables to drive the digital economy.

In view of the growing importance of Environmental, Social and Governance (ESG) among corporates and investors, the HKTDC and PwC presented a joint research paper on "Financing the Corporate Transition to a Sustainable Future" at the AFF. Mr Raymund Chao, Asia Pacific and China Chairman of PwC, shared the findings: "It was a great opportunity for us to partner with HKTDC to release our joint research study today at the Asian Financial Forum. Our survey, which centred around ESG transformation, pointed to a number of challenges and opportunities facing local corporations in delivering meaningful results on their ESG journey and effectively financing their ESG initiatives. Businesses need to embrace a game-changer mindset, while working together with all levels of stakeholders to build trust and drive sustained outcomes in this space. As policymakers bring additional focus to ESG, along with higher C-suite awareness, we believe this will not only further Hong Kong's development in green finance, but will also propel the world forward towards a sustainable future."

Providing connections for investors

The AFF Deal Flow Matchmaking Session, co-organised by the HKTDC and the Hong Kong Venture Capital and Private Equity Association, have returned in physical format. More than 600 matchmaking meetings are expected to be held. While the sessions take place in-person on 11 and 12 January, they continue online until 17 January, allowing investors and project owners more time to connect and explore collaboration opportunities. Representatives from a variety of industries will participate in this much-anticipated session, ranging from deep technology, digital technology and media, and medical technology to education, infrastructure and real estate services.

The Forum continues to provide a platform facilitating projects and business matching among global finance and trade institutions. For instance, the Indonesian Real Estate Developers Association (REI) and Institution of Public Private Partnerships in Hong Kong signed a memorandum of understanding on the first day of AFF to strengthen collaboration in infrastructure. Yedpay, an exhibitor in the Forum's FinTech Showcase, also joined hands with global financial institutions and local universities at the event to launch a collaboration framework on jointly developing various payment technologies.

Two women leaders delivering keynote addresses tomorrow

The AFF will continue to feature stimulating and thought-provoking sessions tomorrow, including a keynote speech in the morning on the promotion of climate change delivered by Ms Christiana Figueres, former Executive Secretary of the United Nations Framework Convention on Climate Change, and Co-founder of Global Optimism. Ms Helen Clark, former Prime Minister of New Zealand, will join the keynote luncheon as a guest speaker to share her experiences as an influential global leader and her mission to promote a diverse and inclusive culture.

There are over 20 workshops and panel discussions on a myriad of topics, such as sustainable development and ESG, green finance, inclusive capital markets, family office challenges, digital Reminibi and innovative technology development. Highlighted speakers include Dr Norman Chan, Chairman of RD Wallet Technologies / RD ezLink; Mr Charles Li, Founder and Chairman of Micro Connect; Dr Feng Xiao, Chairman of HashKey Group; Dr Giovanna Graziosi-Casimiro, Head of Metaverse Fashion Week of Decentraland and Mr Sebastian Fahey, Executive Vice President and Managing Director, EMEA and Executive Lead of the Metaverse at Sotheby's.

The HKTDC is providing a variety of exclusive travel, food and hotel discounts for overseas delegates, to enrich their stay in Hong Kong beyond the two-day Forum. For details, please visit: https://bit.ly/3Gv9xt6

Websites
– Asian Financial Forum: https://www.asianfinancialforum.com/aff/en/
– Programme: https://www.asianfinancialforum.com/conference/aff/en/programme
– Speakers List: https://www.asianfinancialforum.com/conference/aff/en/speaker
– HKTDC Media Room: http://mediaroom.hktdc.com
– Photo Download: https://bit.ly/3vRBnem

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

Yuan Tung Financial Relations:
Tiffany Leung, Tel: +852 3428 2361, Email: tleung@yuantung.com.hk
Agnes Yiu, Tel: +852 3428 5690, Email: ayiu@yuantung.com.hk
Hing-fung Wong, Tel: +852 3428 3122, Email: hfwong@yuantung.com.hk

HKTDC Communications & Public Affairs Department:
Katy Wong, Tel: +852 2584 4524, Email: katy.ky.wong@hktdc.org
Snowy Chan, Tel: +852 2584 4525, Email: snowy.sn.chan@hktdc.org
Sunny Ng, Tel: +852 2584 4357, Email: sunny.sl.ng@hktdc.org

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