PERTH, W AUSTRALIA, Sep 29, 2022 – (ACN Newswire) – BayWa r.e., the global energy developer, service provider, and distributor, is looking to expand its offering on Standalone Power Systems (SPS) to more regions in the State of Western Australia, and in the future, nationally, to different market sectors that require remote or standalone power.
This follows the company's success in providing SPS to farming, mining, business communities and homeowners in parts of rural Western Australia at the beginning of 2018, who have greatly benefited from this innovative and cost-effective power source.
According to Western Power, the state owned corporation responsible for providing electricity in Western Australia, Western Australia has one of the largest isolated electricity networks in the world, and the provision of SPS at several sites in rural Western Australia in a trial exercise, helped ensure that the customers received adequate power supply.
Mr. Durmus Yildiz, Managing Director at BayWa r.e. Solar Systems Australia said "We are proud to be a part of powering the remote communities in the State of Western Australia and to be able to put our expertise in energy solutions to benefit the greater community. Through our network of trusted and capable off-grid installers, whom we work with to design and build such SPS. This has enabled BayWa r.e. to cater to different customers, depending on factors such as their required size of the system, location, or customer preference."
These SPS operate independently off the grid and supply continuous power 24 hours a day, using a mix of solar and battery storage and backup generation. It is by far one of the most efficient local energy solutions that allows customers and the wider community in these remote areas to access a steady supply of electricity.
BayWa r.e. expansion plans for its offering of SPS include tapping into other regions in Western Australia, namely, the Kimberley and Pilbara as well as regions in the other states of the country such as the Northern Territory and Queensland. This vision of providing SPS nation-wide is part of BayWa r.e. 's commitment to aid Australia's energy transition processes.
This is in line with the country's climate goal to reach net-zero emissions by 2050, which would require a rapid construction of an electricity grid running almost 100 percent on renewable energy.
Some benefits of SPS includes serving as a safe and reliable source, maximised efficiency via clean energy storage, reduction in electricity costs, flexibility for communities to place systems where it is needed, and integrated system monitoring for improved maintenance.
"SPS is a clear choice for remote areas, agricultural and mining sectors. It is a reliable and cost-effective energy solution that can power up these communities in the interim as the country continues to expand and improve its electricity grid. We are also confident that through BayWa r.e.'s technical expertise and product knowledge in renewable energy, that new design elements will be implemented to these systems, to further contribute to the state and country's transition towards net-zero emissions," continued Mr. Yildiz.
BayWa r.e. has been operating in Australia since 2016, after transitioning from existing solar wholesaling business Solarmatrix. The Projects team entered the Australian market through the acquisition and subsequent development of the Hughenden Solar Farm in Northern Queensland. The Wind Projects team was established through the acquisition of a local developer, Future Energy, and its project pipeline. In total, BayWa r.e. has delivered seven utility scale wind and solar assets in Australia, including the 112 MW Karadoc and the 106 MW Yatpool solar farms near Mildura in Victoria.
BayWa r.e. AG (BayWa r.e.)
At BayWa r.e. we r.e.think energy – how it is produced, stored and can be best used to enable the global renewable energy transition that is essential to the future of our planet.
We are a leading global developer, service supplier, distributor and solutions provider and have brought over 4.5GW of energy online and manage over 10GW of assets. We are also an Independent Power Producer with an expanding energy trading business.
BayWa r.e. works with businesses worldwide to provide tailored renewable solutions. Operating 100% carbon neutral, we are also committed to our own sustainability journey.
Every day, we are working hard to actively shape the future of energy in a diverse, equitable and inclusive workplace.
Our shareholders are BayWa AG, a EUR19.8 billion global business, and Energy Infrastructure Partners, a leader in energy infrastructure investment. Visit https://www.baywa-re.com/en/.
Contact information:
PRecious Communications for BayWa r.e. AG Daniel Tan Tel: +65 6303 0567 E-mail: baywa-re@preciouscomms.com
AMMAN, JORDAN, Sep 26, 2022 – (ACN Newswire) – The Hashemite Kingdom of Jordan's is preparing for the very first edition of the country's largest tech expo for start-ups, Jordan StartUp Expo 2022 (https://jordanstartupexpo.com), organised by The Future Event Media & Productions (https://thefuture-event.com), on 19-20 October 2022 at the St. Regis, Amman.
Jordan's start-up ecosystem being ranked 3rd in the Middle East & 64th Globally, this expo is bringing together the country's emerging yet innovative start-ups along with leading cutting-edge solution providers, Venture Capital firms, Angel Investors, Accelerators & Incubators. With 1600+ Attendees, 250+ Start-up Founders, 55+ Speakers and 30+ solution providers, this business expo is aimed to deconstruct the critical issues, grouped into key themes namely:
– Start-Up Development & Grass roots – Performance, Technology & Data science – Brand & Engagement – Finance & Funding
Under the Patronage of The Ministry of Digital Economy & Entrepreneurship, along with the presence H.E. Mr. Ahmad Hanandeh, Minister of Digital Economy and Entrepreneurship, there will be multiple attractions, such as Start-up Solutions Showcase, Start-up Awards, Government Participation, Investor Meetings, Pitch Competition, Hackathon, Demo Days and many more. To learn more about the two days of entrepreneurial knowledge and networking, visit: https://jordanstartupexpo.com/.
For more information, contact: Jamal Alturaby Phone: + 91 8884144691 Email: jamal@thefuture-event.com
HONG KONG, Sept 26, 2022 – (ACN Newswire) – The Hong Kong Trade Development Council (HKTDC) and the Guangdong-Hong Kong-Macao Greater Bay Area Development Office co-organised the inaugural GoGBA Day on Thursday (22 Sept). This support event aims to engage members of the international business community in Hong Kong that are currently underserved in terms of up-to-date business information on the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). The physical part of the hybrid on-site/online event was held at the HKTDC SME Centre at the Hong Kong Convention and Exhibition Centre.
The event featured a series of seminars offering practical business tips and updates on the latest developments in the GBA to prepare international enterprises to “go GBA” via Hong Kong. The event received an overwhelming response with more than 160 participants attending the seminars at the venue while 260 participants joined the online webinar. At the same time, 65 business advisory sessions and one-on-one consultation meetings were arranged for 47 companies at the venue to facilitate business partnerships and opportunities.
The joint seminars welcomed officials from various authorities in the GBA, along with industry leaders and market experts from banking and other sectors, to share their insights and business know-how with international medium-sized enterprises and start-ups, helping them get equipped to set up business and succeed in the GBA via the Hong Kong platform. A wide range of topics was discussed, including the business landscape in the GBA and key incentives and subsidies for start-ups and businesses in the areas of tax, banking and investment.
Welcoming participants to the event, HKTDC Executive Director Margaret Fong said: “The GBA plan attracts attention not only because the GBA has China’s highest GDP at US$1.96 trillion, but it offers basically everything a business needs to grow, from the international financial hub of Hong Kong and the world-class manufacturing centres across Guangdong to the advanced innovation and tech clusters across the region – not to mention a huge market of 86 million people and a stepping stone to the vast Mainland China market.”
Ms Fong continued: “We launched our GoGBA support programme last year to help businesses navigate the GBA through Hong Kong by offering information, advisory support and networking and marketing platforms. The GoGBA Day is a highlight of our programme, bringing together the Hong Kong family of organisations under one roof to introduce their GBA support programmes and services, enabling us to hold a GBA event specifically for the international business community for the first time. We hope to give them not only an overview of the latest GBA developments but also offer practical information to help them make decisions and take action.”
Background to the Guangdong-Hong Kong-Macao Greater Bay Area
The Guangdong-Hong Kong-Macao Greater Bay Area (GBA) promotes Hong Kong’s integration into Mainland China’s national development by accelerating the socio-economic integration of Guangdong, Hong Kong and Macao. Hong Kong has been designated as an international financial, shipping, trade and aviation hub, a global offshore renminbi business hub and an international centre for asset management and risk management. As a value-added financial, trading, logistics and professional services centre, supporting technology and innovation, Hong Kong is also a centre for international legal and dispute resolution in Asia-Pacific.
HKTDC’s array of services support enterprises entering the GBA
Over the years, the HKTDC has worked hard to facilitate cooperation between Guangdong and Hong Kong. To support companies in doing business in the GBA, the HKTDC shares useful official information on regulations, procedures and networks through its GoGBA website ( https://www.go-gba.com/en/ ) and WeChat mini-programme, the latter also offering tools such as public health updates, maps, transportation guides and a day counter for individual income tax purposes. As of mid-September 2022, more than 506,700 views of the HKTDC’s GoGBA digital platforms had been recorded.
GoGBA WeChat mini programme (QR Code).
On the ground, the HKTDC has established the HKTDC GBA Service Centre in Shenzhen to provide local and international enterprises from Hong Kong with consultation services, industry-related updates and business matching. The Service Centre has so far organised more than 70 activities, with about 3,000 Hong Kong enterprises using its services. Working together with mainland partners, the HKTDC has also set up GoGBA Business Support Centres in Qianhai (Shenzhen), Nansha (Guangzhou), Hengqin (Zhuhai), Dongguan and Zhongshan, with Foshan being added later this year, to provide Hong Kong enterprises with policy and market consultation services.
In addition, the HKTDC’s Transformation Sandbox (T-box) programme will extend its services from Hong Kong to Shenzhen and other cities in the GBA. Together with its Digital Academy and E-Tailing Academy, the HKTDC will provide advisory workshops related to e-commerce and digital business as well as marketing solutions and other digital platforms.
Officials explain GBA business landscape, supporting initiatives and keys to success:
Tommy Yuen, Commissioner for the Development of the Guangdong-Hong Kong-Macao Greater Bay Area, said: “The GBA is more than a key national development strategy under China’s reform and opening up. It is also marked a further step towards enriching One Country, Two Systems and promoting coordinated economic development that can turn the region into a world-class area for living, working and travelling. New measures are continually being implemented, including steps to encourage the development of private equity and venture capital funds in Qianhai and improving land boundary crossing facilities to enhance talent mobility between Hong Kong and GBA cities. In the coming decade, the GBA is set to become the world’s most vibrant and rapidly growing economic region.”
Jimmy Chiang, Associate Director-General of Investment Promotion (Business Development) of Invest Hong Kong, said: “President Xi Jinping has emphasised the importance of leveraging and strengthening Hong Kong’s unique advantages as an international financial, shipping and trading centre, as well as its convenient links to international markets. The 14th Five-Year Plan also highlighted the country’s support for Hong Kong in traditional industries as well as four emerging areas, including aviation, innovation and technology, intellectual property trading and international cultural exchange. These specific sectors will see more development opportunities in Hong Kong, and the GBA’s growth will create many attractive opportunities for international companies.”
Kenneth Wong, General Manager, MICE & Cruise, Europe, Hong Kong Tourism Board, said: “The Hong Kong Tourism Board has developed a tourism recovery framework to aid in the recovery, reopening and rebranding of Hong Kong’s tourism industry. We devised a number of publicity and promotion campaigns to maintain Hong Kong’s visibility during the pandemic and to facilitate tourism as well as MICE recovery. This includes bringing back large-scale international events and establishing a dedicated team to provide MICE organisers with one-stop support. Hong Kong can connect international visitors to the GBA’s tremendous business opportunities, generate attendance for organisers, facilitate professional visits and excursions to other GBA cities.”
Raymond Yip, Chief Liaison Officer of the Guangzhou Nansha Service Centre in Hong Kong, said: “The Central Government hopes that Nansha, with its strategic location at the heart of 10 GBA cities, will become a cooperation and collaboration hub for the GBA. Nansha has a broad and diverse industry base with advanced manufacturing, as well as a state-level science and technology forum. With no fewer than 20 policy measures for Hong Kong and Macao, including allowing people from Hong Kong, including foreigners, to pay Hong Kong taxes, Nansha is set to open up a larger hinterland for Hong Kong.”
Witman Hung, Principal Liaison Officer for the Hong Kong, Shenzhen Qianhai Authority, said: “Qianhai has always been a pilot zone to help China open up and deepen its reforms. Promoting and facilitating collaboration between Hong Kong and Shenzhen is high on our priority list. For example, we have incubated 335 Hong Kong start-ups and assisted the city’s professionals such as lawyers, engineers and architects in entering the mainland market. Recently, the Qianhai Authority and the Hong Kong government announced 18 new measures aimed at encouraging venture capital and private equity to enter China via Qianhai and Hong Kong. Hong Kong-based companies will be able to use Qianhai as a shopfront to provide professional services to the rest of the GBA and Mainland China.”
Vivian Cheung, Executive Director, Airport Operations, Hong Kong International Airport, said: “We have been expanding the capacity and functionality of Hong Kong International Airport in preparation for the resumption of international travel and business. The SKYCITY development is at the heart of this, featuring a new 3.8 million sq ft complex, with recreational facilities and three new office towers. New hotels will also be built and we are revamping services to provide better travel and transit experiences for passengers. Furthermore, we are transforming AsiaWorld-Expo into a 20,000-seat arena, adding new passenger and cargo handling facilities and constructing new infrastructure to make it easier for Hong Kong to connect with the GBA.”
HKTDC SME Centre Tel: +852 1830 668 Fax: +852 3693 4938 E-mail: smecentre@hktdc.org
Singapore, Sep 22, 2022 – (ACN Newswire) – Unicommerce, an integrated SaaS platform for post-purchase experience management, is experiencing rapid growth across Southeast Asia. Currently processing over 2.5 million annual transactions, the company eyes to double transaction volumes to reach 5 million by December 2022. In its first year of operations, the company has signed up over 30 clients across Singapore, Indonesia, Malaysia, and the Philippines.
Unicommerce is bullish on the growth of e-commerce in Southeast Asia. The company has already established its local presence with a sales and customer service team in Singapore, Indonesia and the Philippines, and is also planning to establish a local entity in the coming months.
Unicommerce's expansion into Southeast Asia comes as e-commerce volumes spike and companies seek an integrated platform to handle the entire post-purchase transaction flow. Being a sector- and size-agnostic platform, Unicommerce solutions have been successfully deployed by a range of retail brands looking to build a robust online presence and re-engineer their operations and processes to achieve maximum consumer connection. Some of the leading brands that Unicommerce works with within the SEA region are Edamama, Locad PayO Asia, Amilo, Business Engineers, and Luxurious Craving, among others. The company's clients in SEA include fashion brands, beauty, and personal care brands, fulfilment providers, and logistic service providers. The SaaS platform is also one of the finest omnichannel platforms that powers 2,000+ stores and 7,000+ warehouses across India.
During and post-pandemic, there is a surge in online shopping to avoid the spread of the virus. As the e-commerce and retail industry grows with multiple online shopping platforms, the supply chain has become an increasingly complex process, and companies rely heavily on technology to optimize operations.
Unicommerce's SaaS platform enables brands to streamline the supply chain with an integrated SaaS solution for inventory, order, and warehouse management. The unique, award-winning platform for post-purchase experience management helps brands and marketplaces manage operations across multiple online sales channels and physical distribution points while maintaining a smooth inventory flow to meet user expectations. The company also enables marketplaces to streamline processes with its multi-vendor management solution.
Talking about the expansion plans, Mr Kapil Makhija, CEO of Unicommerce, says, "Our clients in Southeast Asia are focused on building a strong digital presence and looking for technology solutions. Our platform enables them to enhance the post-purchase experience and achieve operational excellence. Unicommerce's robust and easy to integrate SaaS platform are well-suited to meet client needs which is reflected in our rapid growth. We are delighted to partner with many leading brands and look forward to expanding our presence across Southeast Asia."
Edamama, one of the leading brands in the Philippines, has deployed Unicommerce's Dropship Fulfillment, Vendor Management solution, and Personalized E-commerce solutions to manage different vendors and offer personalized shopping experiences to consumers. The automation by Unicommerce has enabled the company to manage operations across 400+ registered vendors and 1,000+ brands, while seamlessly maintaining 30K+ live catalog counts and allowing the brand to dispatch tens of thousands of items per month with a 99.99% fulfillment rate.
Unicommerce's growth into Southeast Asia and also Middle East Asia is built on its decade-long experience and leadership position in the diverse and dynamic Indian market, where the company processes 500 million annual transactions. The company works with some of the leading brands and companies of India including Marico, Bestseller, House of Anita Dongre, Netmeds, Mamaearth, mCaffeine, and many more.
For media queries contact: Ganesh S Bloomingdale Public Relations (+65) 97791286
Nusa Dua, Bali, Sep 19, 2022 – (ACN Newswire) – The G20 Digital Innovation Network (DIN) meeting is able to be a catalyst to expedite the digital economy sector development in Indonesia, said Minister Johnny G Plate, Indonesian Ministry of Communication and Informatics (KOMINFO). The event aims to bring together start-ups, venture capital companies, policy makers, as well as leading global technology enterprises, including Google.
Minister of Communication and Information Johnny G. Plate delivered his remarks at the opening of the G20 Digital Innovation Network (DIN) forum in Nusa Dua, Badung, Bali, Saturday (September 3, 2022). (ANTARAFOTO/Aditya Pradana Putra/rwa.)
"We believe that the DIN event is an important catalyst for the growth of the digital economy by strengthening collaboration among start-ups, venture capital companies, as well as national and international corporations," the minister said in his opening remarks at the inauguration of G20 DIN, a High-level Side Event of the 2022 G20 Digital Economy Working Group (DEWG), in Nusa Dua, Bali.
Before the G20 ministers and international organization representatives present, Plate noted the development of the digital economy in Indonesia shows a positive trend. "In 2021, the value of the digital economy in Indonesia reached US$70 billion and it will increase to US$315,5 billion in 2030. This potential is Indonesia's future economy (strength) which is supported by various well-performed start-ups," he said.
Plate said that currently, Indonesia has two decacorn start-ups, or companies whose valuations have reached US$10 billion, and more than 10 unicorn start-ups, which have valuations of at least US$1 billion. Plate believes that start-ups play an important role in determining the development of the digital economy sector, both at the domestic and regional levels.
"I trust the G20 DIN (organizing committee) to carry out this series of meetings and discussions which are expected to encourage various collaborations on digital innovations," Plate stated.
The G20 DIN meeting was held in the Bali International Convention Centre (BICC) in Badung District from September 2 to 4, 2022. More than 400 participants attended the event in person, while another 200 participated in the event virtually.
Chairperson of 2022 G20 DIN, Sonny Hendra Sudaryana, said at a press conference after the inauguration that the implementation of 2022 G20 DIN would focus on five priority sectors: education technology, financial inclusion, healthcare, supply chain, as well as green and renewable energy.
2022 DIN Start-Up Awards Winners: 1. Healthcare — UCARE.AI, Singapore / Neurobots, Brazil 2. Supply Chain — MOOVA, Argentina / Sinbad, Indonesia 3. Green & Renewable Energy — Xurya, Indonesia / Uali, Argentina 4. Edutech — Edubuk, India / Accredify, Singapore 5. Financial Inclusivity — WireBarley, South Korea / Lendo, Saudi Arabia
Favourite Start-Up Winners: 1. Healthcare — NUSANTIC, Indonesia / Qapsula, Russia 2. Supply Chain — Eunimart, India / FairSupply, Australia 3. Green & Renewable Energy — EINHUNDERT Energie GmbH, Germany / MVL Labs, South Korea 4. Edutech — Cakap, Indonesia / Sarente Gameon, Turkey 5. Financial Inclusivity — Komunal, Indonesia / Lendo, Saudi Arabia
G20 Digital Innovation Network: https://g20innovationnetwork.org Source: DIN, Indonesian Ministry of Communication and Informatics (KOMINFO).
Nusa Dua, Bali, Sep 19, 2022 – (ACN Newswire) – The HUB.ID is proud to be a hub that connects 80 curated startups with 80 global venture capital and well-known business partners, stated Indonesia's Ministry of Communication & Informatics at this year's HUB.ID Summit opening, in Nusa Dua, Bali, Indonesia.
The opening ceremony of the HUB.ID Summit 2022 was held at Nusa Dua, Bali province, on Monday (September 5, 2022). (ANTARA/Livia Kristianti/uyu)
"We believe the startups have the ability and potential to be the tech giants. Therefore, the Ministry holds the HUB.ID Summit as a hub to connect the early-stage startups, venture capitalists and business partners in exploring collaboration and investment opportunities," said Semuel Abrijani Pangerapan, Director-General of Application & Informatics, Ministry of Communication & Informatics, in the opening address.
The HUB.ID Summit 2022 was held in Nusa Dua, Bali from 5 to 6 September 2022. Its focus is on early-stage startups looking for seed to series A investment. The Ministry hopes that the 80 selected startups participating in the HUB.ID Summit can explore opportunities for cooperation, especially in terms of funding.
HUB.ID includes the HUB.ID Accelerator, the HUB.ID Summit, and the HUB.ID Ecosystem. After undergoing a series of HUB.ID incubation and accelerator programs held by the Ministry, tech startups can continue their journey by expanding their business network on a global scale.
Startups are represented across sectors from agriculture & aquaculture tech, enterprise & government tech, health tech, social commerce & SME enablement, Web.30, deep tech, education, fintech and legal tech to property and proptech.
Startups participating in the HUB.ID Summit 2022 include Chickin, Dagangan, DOTX, Duitin, Eratani, Bananas, Fishlog, Gajiku, Gorrywell, HiPajak, Jejakin, Klinik Pintar, Legalku, MallSampah, NOBI, SoulParking, Teman Pasar, Verihubs, and ZI.Care.
Venture capitalists and business partners participating in HUB.ID Summit include East Ventures, DG Ventures, AC Ventures, BEENEXT, Finch Capital, Cyber Agent Capital, J Trust Bank, Telkom, Midtrans, OCBC NISP Ventura, Sinarmas Land, AppWorks, Investible, Jabar Digital Service, Jakarta Smart City, Bio Farma, and Mandiri Capital.
Semuel said that collaboration and investment can support startups in Indonesia to be more resilient in facing future challenges. "We are optimistic that startups in Indonesia will be more mature, as well as ready to collaborate and have investment cooperation," Semuel stated.
On day one, the HUB.ID Summit consisted of two panel discussions: "The Dawn of New Groceries Shopping in Indonesia: Is it a sustainable business model?" including Metha (Co-Founder SayurBox), Vincent (Co-Founder Astro), Yosua Setiawan (Co-Founder Segari), and moderated by Agung Nugroho (Co-Founder Kudo).
The second panel "Anticipating The Next Momentum of Indonesia Fintech" included Triyono Gani (Head of Digital Innovation Growth Otoris Jasa Keuangan), Dino Setiawan (Co-Founder Awan Tunai), Vira Widiyasari (SVP of Fintech and Payment Tokopedia), and moderated by Rico (Commissioner LinkAja). Those two panels showed Indonesia's digital economy landscape from the startup point of view.
On day two, the HUB.ID Summit featured: "Standing Tall Amidst the Chaos: Indonesia Startup Investments Today and Tomorrow", with Dirk Van Quaquebeke (Managing Partner, BEENEXT), Helen Wong (Managing Partner, AC Ventures), and Melisa Irene (Partner, East Ventures), on stage and moderated by Willis Wee (Founder & CEO, Tech in Asia). This panel discussed the future of Indonesia's startup investment.
More than 350 participants joined Hub.ID Summit 2022, which consisted of 1-on-1 Business Matchmaking, Panel Discussions, and a Networking Dinner. Venture capital and business partners came not only from Indonesia, but also from Japan, Singapore, South Korea and India.
About HUB.ID
HUB.ID includes the HUB.ID Accelerator, the HUB.ID Summit, and the HUB.ID Ecosystem. HUB.ID is a platform provided by the Indonesian Ministry of Communication and Information Technology, focusing on enabling post-seed local Indonesian startups to scale regionally by leveraging KemenkomInfo?s vast network of corporate & governmental partners. Learn more at https://hub.id/.
MENLO PARK, CA & HYDERBAD, IN, Sep 8, 2022 – (ACN Newswire) – TheCapitalNet, Inc., a leading enterprise SaaS and financial technologies company, has been awarded Best Private Markets FinTech Solutions Provider 2022 by Wealth & Finance International. TheCapitalNet was recognized for transforming the private markets and private investments eco-system through technology, while focusing on PE, VC, CVCs, Angel Networks, Family Offices and M&As.
Wealth & Finance International provides fund managers and institutional and private investors around the world with the latest industry news across both traditional and alternative investment sectors. This recognition reinforces the belief that TheCapitalNet products are putting the best technologies to work while collaborating with stakeholders to enable what they do best: value nurturing and wealth creation.
"We are thrilled to be recognized by Wealth & Finance International," said Dr. Rakesh Bhatia, Founder and CEO of TheCapitalNet. "Every accolade brings its own set of responsibilities to our business, and we are committed to making TheCapitalNet even more worthy. This recognition allows us to reaffirm our beliefs, and further realize our vision of digitally enabling the stakeholders of this ecosystem globally," added Rakesh.
About TheCapitalNet
TheCapitalNet, with offices in Dallas and Silicon Valley in the USA and Hyderabad in India, is an Enterprise SaaS and knowledge media venture operating in the Private Investments, Innovation and Startup ecosystem.
TheCapitalNet products drive the digital transformation journey by enabling business processes and making them smarter and more intelligent, thus redefining business operations, decision making and business outcomes:
* TheInvestorNet (www.theinvestornet.com) – An application for private investors including PE/VC/Angel Networks/Family offices/CVCs to manage the end-to-end business operations with over two dozen investments firms spread across various countries globally, * TheIncubatorPro (www.theincubatorpro.com) – An end-to-end productivity suite for incubators, accelerators, and/or open/corporate innovation with 180+ incubators and accelerators spread across various countries globally, * TheBizPlanner (www.thebizplanner.com) – An application for Founders/Entrepreneurs to plan their business and connect with the private investment and innovation ecosystem, used by 17,000+ startups spread across 70+ countries globally, and * TheCapitalNet TV (www.thecapitalnet.tv) – A knowledge media that produces and shares global content focused on above mentioned ecosystem through knowledge sessions, news and trends, research reports, interviews, and discussions – with over millions of impressions across 110+ countries.
Wealth & Finance International is a quarterly publication dedicated to delivering high quality informative and up-to-the-minute global business content. It is published by AI Global Media Ltd, U.K., a publishing house that has reinvigorated corporate finance news and reporting.
Developed by a highly skilled team of writers, editors, business insiders and regional industry experts, Wealth & Finance International reports from every corner of the globe to give readers the inside track on the need-to-know news and issues affecting banking, finance, regulation, risk, and wealth management in their region.
HONG KONG, Sep 2, 2022 – (ACN Newswire) – The seventh Belt and Road Summit, jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), concluded yesterday (1 September). Continuing in the tradition of being a formal, substantial and high-quality event, the summit saw state leaders and senior officials, regional government leaders and business leaders gathered to explore the business potential of the Belt and Road Initiative, and to drive synergies and create a win-win situation through multilateral collaborations such as the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) and the Regional Comprehensive Economic Partnership (RCEP).
The seventh Belt and Road Summit, which ran under the theme "Heralding a New Chapter: Collaborate and Innovate", attracted more than 80 government and business leaders to share their insights.
More than 19,000 participants from over 80 countries and regions attended online or in-person.
The 38th Prime Minister of New Zealand, John Key, Aswin Techajareonvikul, CEO and President of Berli Jucker PCL, Liu Liange, Chairman of the Bank of China, and Rod Eddington, Chairman of Infrastructure Partnerships Australia, JP Morgan's Asia Pacific Advisory Council and Non-Executive Chairman of Lion shared their insights at Business Plenary "Collaborate for a Bright New Era".
As one of the major celebrations to mark the 25th anniversary of the establishment of the HKSAR, the summit saw more than 80 senior government officials and business leaders from the Belt and Road region gathered to share their insights under the theme "Heralding a New Chapter: Collaborate and Innovate". For the first time, the summit was held in a hybrid format, overcoming geographical boundaries by allowing those who were unable to attend in person to participate virtually. More than 19,000 attendees representing over 80 countries and regions participated online or at the physical event.
More than 800 one-to-one matching sessions
The business matching and project pitching sessions at the summit remained popular among project owners and attendees. More than 280 investment projects from the Belt and Road region and beyond were presented at the summit, covering four main areas, namely: (1) energy, natural resources and public utilities; (2) innovation and technology; (3) urban development; and (4) transportation and logistics infrastructure. The projects focused on areas such as smart city development, data centres and e-commerce related investments. More than 800 one-to-one business matching meetings were arranged for project owners, investors and professional service providers to pave the way for collaboration agreements.
Real opportunities in RCEP but some challenges
Multilateral collaboration creates more frequent cross-border trade and investment, and is becoming more important than ever in driving a strong recovery in the Asia-Pacific region following the pandemic. The RCEP, which came into effect this year, stands as the largest free trade agreement in history, accounting for 30% of the world's population and GDP. Combined with the joint effort of more than 180 countries connected through the Belt and Road Initiative, it will further strengthen regional economic integration around the world. In the Business Plenary titled "Collaborate for a Bright New Era", business leaders from economies along the Belt and Road and the RCEP shared their insights and explored how these initiatives and agreements can complement each other to drive strong economic growth and promote cross-border collaboration between businesses of all sizes.
The 38th Prime Minister of New Zealand, John Key, shared his views on the RCEP. "One of the things that are challenged is the supply chains. China is a really a huge market, and we source a lot of goods from China. We can see the impact the breaking down of those supply chains has had on global inflation."
Aswin Techajareonvikul, Chief Executive Officer and President of Berli Jucker Public Company Limited, shared that the Thailand enterprises have well received the potential of the Belt and Road Initiative (BRI). "It is in tune with our 20-year strategy and Thailand's ongoing projects for economic development under the Thailand 4.0 economic model. We are able to expand trade and investment to our neighbouring countries. We can also better link with the world market, especially for the CLMV countries [Cambodia, Laos, Myanmar and Vietnam]."
Liu Liange, Chairman of the Bank of China, said: "Most of the members in the RCEP are located in important junctions along the Belt and Road. This not only fosters connectivity between value chains and supply chains, but also further expands the 'social circle' of the Belt and Road Initiative, engaging more countries and businesses in the construction of the Belt and Road and in broader collaboration, as well as forming the dual-engine of the Belt and Road Initiative and RCEP within the region."
Belt and Road Initiative drives consumption and Infratech development
Global economies are pushing to achieve post-pandemic economic recovery. At the same time, countries around the world are striving to build stronger global business connections with the help of macro measures such as the BRI, the RCEP and the GBA development.
The demand for high-quality, innovative and sustainable infrastructure around the world has given rise to many new business opportunities. These innovative projects will be led and driven by visionary industry leaders as they usher in a new era of infrastructure development. In the "Faster, Greater Infrastructure" session of the thematic group discussions, business leaders who had turned futuristic concepts into reality and envisioned some of the world's most important infrastructure projects exchanged their views.
Founder and Managing Director of Emaar Properties and Founder and Director of Noon.com, HE Mohamed Ali Rashed Alabbar, said: "I really believe that a link such as the Belt and Road Initiative and its effects on human life, economic progress, quality of life, job creation and exchange of cultures and knowledge and unity to the world – it is going to be incredible."
Chief Marketing Officer of Hyperloop TT Robert Miller addressed the current trends in infrastructure technology (infratech) development. "Infratech is really underfunded and underdeveloped. Hyperloop really falls into the category of infratech where there is a longer time to profitability. So we need patient investors from both public and private sectors. Meanwhile, governments everywhere are looking at reducing carbon emissions. One of the biggest polluters is the transportation industry: 23% of all carbon emissions worldwide come from transportation. Europe, the United States and countries in Asia are all looking how to decarbonise the transportation industry. Hyperloop TT could be a massive driver in that decarbonisation," he said.
The seventh Belt and Road Summit was made possible by its Strategic Partner, China International Capital Corporation (CICC); Regional Banking Partner, Bank of China (Hong Kong); and Platinum Sponsors, China Mobile International and China Unicom.
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 HKTDC's Communications & Public Affairs Department: Clayton Lauw, Tel: +852 2584 4472, email: clayton.y.lauw@hktdc.org Sam Ho, Tel: +852 2584 4569, email: sam.sy.ho@hktdc.org
HONG KONG, Aug 31, 2022 – (ACN Newswire) – The seventh Belt and Road Summit, jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), opened today (31 August). This year's event lasts two days and runs in a hybrid physical and digital format, helping overcome geographical boundaries. Business leaders unable to attend the summit in person at the Hong Kong Convention and Exhibition Centre (HKCEC) join all sessions online and identify potential business opportunities through the online platform. Participants and guest speakers at the physical summit can actively interact during the event as more than 80 government and business leaders share their insights and explore opportunities the Belt and Road Initiative presents.
The seventh Belt and Road Summit, jointly organised by the Government of the Hong Kong Special Administrative Region and HKTDC, opened today (31 August), with the theme "Heralding a New Chapter: Collaborate and Innovate".
In his welcome remarks, Dr Peter K N Lam, Chairman of the HKTDC, said: "With innovation driving progress, the Belt and Road Initiative provides the framework to apply these innovations to create a sustainable future."
The Policy Dialogue Session analysed how economies under the Belt and Road Initiative can strengthen cooperation and boost economic growth through infrastructure development and trade under "Driving Growth through Partnership and Collaboration".
As the first major international event following celebrations for the 25th anniversary of the establishment of the HKSAR, the summit runs under the theme "Heralding a New Chapter: Collaborate and Innovate". Project owners and operators, investors and service providers can explore opportunities arising from the Belt and Road Initiative, the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) development and the Regional Comprehensive Economic Partnership (RCEP) through a variety of activities, including the Policy Dialogue, plenary sessions, thematic breakout sessions, one-to-one project matching and project pitching sessions and a virtual exhibition, creating a multi-win situation that will help boost economic growth in the region. Activities today are held both online and offline while tomorrow (1 September) will be entirely online.
In this morning's opening session, Dr Peter K N Lam, HKTDC Chairman, delivered welcoming remarks. John Lee, HKSAR Chief Executive, delivered the opening address. Han Zheng, a member of the Standing Committee of the Politburo of the Communist Party of China Central Committee and Vice Premier of the State Council of the People's Republic of China, delivered the keynote speech. Wang Wentao, Minister, Ministry of Commerce, the People's Republic of China; Hao Peng, Chairman, the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), the People's Republic of China and Lin Nianxiu, Vice Chairman, National Development and Reform Commission, the People's Republic of China, delivered special addresses while Zhang Xiangchen, Deputy Director-General of the World Trade Organization, gave a keynote address.
Mr Lee said in his opening speech: "The global rise of protectionism has reminded us of how important regional co-operation is. We have to work together for the better future of the region. Hong Kong is therefore very pleased to see the Regional Comprehensive Economic Partnership, or RCEP, come into force earlier this year. The landmark agreement underlines the open, inclusive, rules-based trade and investment partnership that RCEP's member states are committed to realising. We believe that regional economic integration is an essential complement to multilateral trade. Hong Kong is seeking early accession to RCEP. It will enable us to deepen the collaboration and connections we enjoy with our close partners. The Belt and Road was created to build connectivity, to bring business, and people, together. No one does that better than Hong Kong, thanks to our 'one country, two systems' principle; thanks to our longstanding East-meets-West experience and the boundless opportunities afforded us in national development."
Delivering the keynote speech, Mr Han said: "Hong Kong is an active participant, contributor and beneficiary of the Belt and Road Initiative. We are pleased to see that since the initiative launched, Hong Kong has actively negotiated and signed cooperation agreements with co-construction countries, developing trade and investment cooperation, service standard connection, international financial cooperation and exchange between people. Hong Kong plays an important role in Belt and Road development, as well as expanding its own development space. Hong Kong deserves full recognition for its work in this area. The Central Authorities will adhere to the principle of 'one country, two systems' in the long run, fully supporting Hong Kong in maintaining its unique status and advantages. Authorities fully support Hong Kong's active participation in and contribution to the Belt and Road development."
Addressing the opening session, Mr Zhang said: "The COVID-19 pandemic, geopolitical tensions, climate change and anti-globalization sentiment are the four major factors that I believe could affect the reshaping of the landscape of global trade policies. It is very challenging but can still be managed well if the whole world works together. To address these challenges, I strongly encourage enhanced dialogue and cooperation between all governments to find collective solutions because none of these challenges can be addressed by one government alone. Global challenges require global solutions."
Dr Lam said: "The HKTDC is honoured to have Vice Premier Han Zheng deliver an important keynote speech at today's summit, giving a more specific illustration of Hong Kong's role as an active participant, contributor and beneficiary of the Belt and Road Initiative. Following President Xi Jinping's important speech on 1 July, the Vice Premier's 'Four Hopes' for Hong Kong's participation in the construction of the Belt and Road further highlighted the direction of the city's development. The HKTDC has always been committed to promoting the Belt and Road Initiative and development opportunities. The team and I will continue our efforts to promote Hong Kong as an international business platform and services hub and contribute to the Belt and Road Initiative."
Multipartite cooperation to promote economic growth
The Policy Dialogue Session, chaired by HKSAR Deputy Finance Secretary Michael Wong, analysed how economies under the Belt and Road Initiative can strengthen cooperation and boost economic growth through infrastructure development and trade under the theme "Driving Growth through Partnership and Collaboration". The panel featured government and business leaders from several Belt and Road countries, including Lim Sidenine, Secretary of State of Ministry of Public Works and Transport, Kingdom of Cambodia; Luhut Binsar Pandjaitan, Coordinating Minister of Maritime Affairs and Investment, Indonesia; Lim Ban Hong, Deputy Minister of International Trade and Industry, Malaysia; Heng Swee Keat, Deputy Prime Minister and Coordinating Minister for Economic Policies, Singapore; and Chayotid Kridakon, Thai Trade Representative and Advisor to the Prime Minister.
Growing relationship between Belt and Road, RCEP and GBA
The RCEP, which came into effect this year, is the largest free trade agreement in history, accounting for 30% of the world's population and GDP. With the joint effort of more than 100 countries connected with the Belt and Road Initiative, global regional economic integration will be become more established. The Business Plenary titled "Collaborate for a Bright New Era" was held this morning, with Paul Chan, Financial Secretary of the HKSAR, delivering the welcoming remarks. Hosted by Ronnie Chan, Chairman of Hang Lung Properties Limited, the session examined how economic growth can be achieved through multipartite cooperation. Other guest speakers included the Chairman of Infrastructure Partnerships Australia, JP Morgan's Asia Pacific Advisory Council and Non-Executive Chairman of Lion Rod Eddington; the 38th Prime Minister of New Zealand John Key; President of the Bank of China Liu Liange; Deputy Managing Director & Chairman for Hong Kong of Jardine Matheson Holdings Limited YK Pang; and CEO and President of Berli Jucker Public Company Limited Aswin Techajareonvikul.
In his welcome remarks, Paul Chan, Financial Secretary of the HKSAR, said: "We are capitalising on our strong collaboration with Shenzhen, developing Hong Kong into an international innovation and technology hub, focusing development on life and health sciences, advanced manufacturing, artificial intelligence and data industry, etc. We are also pressing ahead with more local infrastructure projects, including the Northern Metropolis and the Lantau Tomorrow Vision, as well as many other road, railway and land development projects. Talents, capital and entrepreneurs are all essential to achieving our goals. We warmly welcome businesses and talents from all over the world, Belt and Road countries included of course, to come to Hong Kong to collaborate with us and grasp the enormous opportunities together. To this end, we will have new policies and support measures to facilitate the coming of talents and enterprises."
The strong economic resilience demonstrated by the Greater Bay Area amid the pandemic will further unleash the region's economic potential in terms of cross-border trade and financial market liberalisation, along with the development of cutting-edge innovation and technology. The Business Plenary this afternoon, "Capturing Synergies between Belt and Road and Greater Bay Area", was hosted by David YK Wong, Permanent Honorary President of The Chinese Manufacturers' Association of Hong Kong. The panelists included Chairman of the Power Construction Corporation of China Ding Yanzhang; CEO, Chairman of the Management Committee, Executive Director of the Board of China International Capital Corporation Limited Huang Zhaohui; Chairman of MTR Corporation Limited Rex Auyeung; Chairman of WeLab Bank KC Chan; and Chairman of East Asia Region of Arup Group Michael Kwok. The speakers shared ideas on the potential opportunities the GBA brings as an important Belt and Road hub, and also discussed how Hong Kong can further leverage the advantages of the GBA to enhance its position and promote the development of the city's industries.
Five breakout sessions explore hot-button issues on summit's first day
Spanning many countries and regions, the Belt and Road Initiative creates new room for the development of professional sectors. On the first day, the summit, in conjunction with a number of organisations including the Department of Justice of the HKSAR Government, the Insurance Regulatory Authority, China Foreign Contractors Association and Dun & Bradstreet, held five breakout sessions to examine a range of topics such as international dispute resolution, insurance services, GBA infrastructure development, digital technology development and future infrastructure development. More thematic breakout sessions and project pitching sessions will be held tomorrow – details of the programme, speakers and partner organisations can be found at https://www.beltandroadSummit.hk/conference/bnr/en
One-to-one business matching meetings and project pitching sessions
Following the success at previous summits, the HKTDC has extended the hybrid project and business-matching sessions from two to seven days (31 August to 6 September) this year. New features include a video display at the summit to increase project exposure and give investors and professional service companies a better understanding of project details.
The summit also features online and offline exhibitions which have attracted more than 60 exhibitors and are divided into the "Global Investment Zone", "Hong Kong Zone" and "GBA Tech Zone". The project pitching sessions give entrepreneurs from different countries a platform to present projects, giving investors and service intermediaries a comprehensive understanding of investment opportunities in different sectors. Pitching sessions focus on four main areas – energy, natural resources and public utilities; innovation and technology; urban development; and transport and logistics infrastructure.
China International Capital Corporation Ltd serves as the Strategic Partner of the seventh Belt and Road Summit; Bank of China (Hong Kong) Ltd as the Regional Banking Partner; and China Mobile International Limited and China Unicom Global Limited as Platinum Sponsors.
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 HKTCD's Communications & Public Affairs Department: Clayton Lauw, Tel: +852 2584 4472, email: clayton.y.lauw@hktdc.org Sam Ho, Tel: +852 2584 4569, email: sam.sy.ho@hktdc.org
Washington, D.C., Jul 25, 2022 – (ACN Newswire) – Avi8ted Ventures, a DC-based impact innovation ecosystem operating at the intersection of Real Estate, Tech, and Culture to host DC's Futurist Startup Showcase, bringing investors and partners together with BIPOC and Women Founders. Avi8ted Ventures, Ying Skillsharing, and Jentry Search will showcase sustainable community harnessing business models that leverage technology and economics for the sake of the people, while providing Futurist insight on the Human Experience. The goal of the event is to raise both capital and awareness, while connecting Avi8ted Thought leaders such as investors, professionals, politicians, artists, and activists passionate about elevating the human experience for all.
"Crunchbase data shows that Black founder's received less than 1.4% of U.S venture investment last year and currently. Washington, D.C is becoming one of the best places to build a startup, but most of the BIPOC and Women early-stage entrepreneurs we speak to aren't aware of the local resources that are available to elevate them," says Avi8ted Ventures CEO, Charlton Woodyard II. "The Avi8ted Ventures showcase is a catalyst to empower the BIPOC and Women startup ecosystem," Woodyard II continues. Avi8ted will be previewing their custom Avi8ted House app, the digital home of the Avi8ted network and ecosystem.
Join us as Avi8ted Ventures, YING, and Jentry present sustainable community-harnessing business models that leverage technology and economics for the sake of the people. Music, Hors d'oeuvres and drinks provided!
DC's Futurist Startup Showcase is an evening of connecting, investing and building a better future that will occur on Saturday, July 30th at the Pierce School, NE Washington DC. This is a private event that will begin punctually at 3:00pm.
About Avi8ted Ventures
Founded by Charlton Woodyard II in 2008, Avi8ted Ventures is a BIPOC owned/operated impact innovation ecosystem operating at the intersection of real estate, tech, and culture as a Real Estate fund with 20% discretionary towards Private Equity/Venture.
Avi8ted Ventures is committed to developing a social ecosystem for elevated ideas to thrive worldwide. For more information visit Avi8tedthoughts.com.
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