NIPPON EXPRESS SHOWCASES RANGE OF SERVICES, PRODUCTS AT CIIE IN SHANGHAI

KUALA LUMPUR, Nov 29 (Bernama) -- Japan’s logistics services company Nippon Express Holdings Inc showcased its range of services and products at the recently concluded fifth China International Import Expo (CIIE) in Shanghai, China.

According to a statement, the company’s booth promoted its long-established strengths including its global network, air and ocean cargo forwarding services, and business-continuity-plan-compatible intermodal transport services utilising the China Railway Express.

It said that initiatives for automation through the use of automatic guided vehicles in the logistics business as well as the actual cold storage containers and cooling agents used in its temperature-controlled transportation services for pharmaceutical products were also on display at the six-day exhibition from Nov 5 to 10, 2022.

“Through its participation in this expo, the group seeks to support the business expansion of its customers in the East Asia region by deepening relationships with these customers, strengthening ties with other relevant organisations, and forming new partnerships,” it said.

Founded in 1937, Nippon Express is a leading logistics and transportation services provider with a global network in over 739 locations around the world.

More details at https://www.nipponexpress.com/

-- BERNAMA

NIPPON EXPRESS HOLDINGS PARTICIPATES IN 5TH CHINA INTERNATIONAL IMPORT EXPO (CIIE)

TOKYO, Nov. 29, 2022 /Kyodo JBN-AsiaNet/ --

NIPPON EXPRESS HOLDINGS, INC. participated in the 5th China International Import Expo (CIIE) held in Shanghai, China, over the six-day period from Saturday, November 5, to Thursday, November 10, taking part in CIIE for the fifth time in as many years.   Logo: https://kyodonewsprwire.jp/img/202211250367-O1-XS8cAIrI   Photo1: Exhibition booth https://kyodonewsprwire.jp/prwfile/release/M103866/202211250367/_prw_PI2fl_3n7BoSy7.jpg     Photo2: Shuichi Akamatsu, Ambassador and Consul General of Japan in Shanghai (third from left), visiting the booth https://kyodonewsprwire.jp/prwfile/release/M103866/202211250367/_prw_PI3fl_CEu13Q58.jpg     The inaugural CIIE was held in 2018 as a general trade show focusing exclusively on imports to China. Joining in this year's fifth expo were approximately 2,800 companies from 127 countries/regions, and the venue welcomed a cumulative total of 460,000 visitors during the event.   The Nippon Express Group's exhibition booth introduced its long-established strengths -- including its global network, air and ocean cargo forwarding services, and BCP-compatible intermodal transport services utilizing the China Railway Express -- as well as initiatives for automation through the use of Automatic Guided Vehicles (AGVs) in the logistics business and displayed the actual cold storage containers and cooling agents used in its temperature-controlled transportation services for pharmaceutical products.   Through its participation in this expo, the Nippon Express Group seeks to support the business expansion of its customers in the East Asia region by deepening relationships with these customers, strengthening ties with other relevant organizations, and forming new partnerships.   Nippon Express website: https://www.nipponexpress.com/   Nippon Express Group's official LinkedIn account: https://www.linkedin.com/company/nippon-express-group/     Source: NIPPON EXPRESS HOLDINGS, INC.   http://mrem.bernama.com/viewsm.php?idm=44860

COUNTRY GARDEN FOREST CITY BOOSTS LOCAL TOURISM

KUALA LUMPUR, Nov 25 (Bernama) --  Country Garden Forest City said it has fully resumed operations with Malaysia recovering from the COVID-19 pandemic following the successful vaccination efforts and the  lifting of movement restrictions.

Launched by the Country Garden Group in 2015, Forest City is a smart green city of the future integrating the environment, cutting-edge technology with housing, business, and tourism with a goal to attract 9.2 million tourists, the statement said.  

Country Garden Group hired global consulting firm McKinsey for the project in its planning stage and this has resulted in Forest City having eight industries at its doorstep which besides tourism-related activities, also includes medical care services, education and training, emerging technologies, and green and smart industries.

The statement said its Forest City Water Park has opened its surf slides and other water-related activities.

“In addition, the shuttle bus service is now operational, with stops at Shattuck St Mary's School, Forest City Golf Hotel, LegoLand, and Bukit Indah Aeon,” the statement said.

The integrated development has also contributed to the local tourism industry with its hotel construction and golf resort.

Forest City Golf Hotel and Forest City Marina Hotel both provide hundreds of luxurious rooms and are equipped with lobby bars, restaurants, fitness centres, and other facilities. 

-- BERNAMA

REAL ESTATE MARKET IN ASIA EMBRACES HOPE AMIDST LACKLUSTER SENTIMENTS, SAYS ULI AND PWC'S EMERGING TRENDS IN REAL ESTATE® REPORT

HONG KONG & SINGAPORE, Nov 24 (Bernama-BUSINESS WIRE) -- The 17^th edition of the Emerging Trends in Real Estate^® Asia Pacific Report, the regional real estate forecast jointly published by the Urban Land Institute (ULI) and PwC highlights a downtick in investor sentiment due to concerns over the rising cost of debt, higher inflation, and a looming global recession. The report is based on a survey of 233 real estate professionals and 101 interviews with investors, developers, property company representatives, and lender brokers.

This press release features multimedia. View the full release here: 
https://www.businesswire.com/news/home/20221123005510/en/

The persistence of global inflationary trends, a recessionary economy, and deterioration of global indicators saw investors opting to suspend buying until the fallout from synchronised global rate hikes becomes clearer. A dip in regional transaction volumes is apparent, with third-quarter deal count in the Asia Pacific falling 38 percent year-on-year to US$32.6 billion, recording the lowest third-quarter volumes for a decade in the region. Mainland China accounts for the biggest decline with a fall of 23 percent year-on-year.

David Faulkner, President of ULI Asia Pacific, said, "Rising interest rates and the slowing global economy are beginning to impact regional asset valuations and changing the way investors assess potential deals. As a long-term inflation hedge, real estate will continue to draw capital, but the industry is also likely to undergo significant change over the coming years, due to the evolving economic environment and changes in the ways that people use the built environment."

The top markets for investment prospects in the region were characterised by deep, liquid markets and a flight-to-safety approach. Singapore, Tokyo and Sydney continue to rank as the top three markets. With the ongoing liquidity crisis in Mainland China’s property sector and persistent pandemic restrictions, Singapore has benefitted from the redirection of capital that might otherwise have been placed in assets in Mainland China and Hong Kong SAR. Tokyo continues to enjoy a near-zero interest rate environment, which ensures lower borrowing costs and a more positive spread over the cost of debt. Despite the easing of COVID restrictions in Hong Kong SAR, its status as the most expensive commercial and residential market in the Asia Pacific has made it vulnerable amidst the current high-inflation recessionary environment.

Stuart Porter, Asia Pacific Real Estate Tax Leader said, “The persistence of fragmented market conditions has enabled Singapore and Tokyo to retain their top spots as the cities with the brightest investment prospects although the factors augmenting each city do markedly differ. When exploring opportunities in the region, investors should take a more cautious approach on new asset purchases in some Asian markets and pivot their focus from conventional asset classes towards a variety of niche areas that offer brighter outlook. This include defensive havens and new-economy themes, which are likely to divert the attention away from mainstream assets such as the office and retail sector, that have traditionally been popular.”

Investors have begun to realign strategies towards defensive properties more resilient to unusual economic pressures, and towards assets that can offer features such as rent indexation, shorter lease term and reliable recurrent incomes. The multifamily, hotels, senior living, and logistics sectors are deemed as defensive havens. New economy sub-sectors such as data centres, cold storage infrastructure, life science facilities, and the self-storage space have had increasing attention as recession-resistant investment vehicles, owing to a confluence of factors: growing 5G takeup, structural undersupply to meet demand, and the evolution of more sophisticated supply chains. With US$16 billion in new capital raised for opportunistic strategies across these sub-sectors in Asia Pacific – more than three times the total raised for 2021 – logistics is likely to remain sticky for investors going into 2023.

With inflationary pressures and interest rates heightening development risk, longer-dated development projects are being put on hold. Investors are also adapting their underwriting by making provisions for higher exit cap rates, trimming of use of debt, purchasing materials in advance, as well as employing a “value engineering” approach – seeking economies via more rigorous analysis of design brief parameters.

The office sector remains the biggest asset class in the region. Prime assets in business precincts and districts are invariably in short supply and are constantly the targets of regional core funds competing to place capital. At the same time, wide pricing gaps between buyers and sellers are expected to persist for some time.

The full report is available here. 

http://mrem.bernama.com/viewsm.php?idm=44820

FPT SOFTWARE OPENS NEW OFFICE IN THAILAND, TARGETING THE COUNTRY'S TOP 30 IT COMPANIES

BANGKOK, Nov 24 (Bernama-BUSINESS WIRE) -- FPT Software, Vietnam’s leading IT solutions provider, has recently announced the opening of a new office in Bangkok, Thailand. This branch, targeting the top 30 IT companies in Thailand, assists FPT Software’s strategic move to expand its global footprint.

This press release features multimedia. View the full release here: 
https://www.businesswire.com/news/home/20221123005184/en/

 

The inauguration was attended by the Ambassador of the S.R. of Vietnam to Thailand, H.E. Phan Chi Thanh, KBTG Chairman Voranuch Dejakaisaya, KBTG Vice Chairman Jarung Kiatsuphapong, Unilever IT SEA Regional Head Piyawan Triyanant, FPT Software’s CHRO Nguyen Tuan Minh, FPT Software’s SVP Nguyen Hoang Trung, FPT Greater Bay Indochina (FPT GBI – a subsidiary of FPT Software) CEO Levi Nguyen, and other distinguished guests.

Speaking at the event, the Ambassador of the S.R. of Vietnam to Thailand, H.E. Phan Chi Thanh, emphasized the comprehensive cooperation between Thailand and Vietnam, especially in the digital economy. The Ambassador also believes that with FPT Software’s IT capabilities, the company can contribute to strengthening this relationship and accelerating digital transformation.

The Bangkok branch is expected to address the increasing demand for digital transformation in Thailand. “We aim to grow our local workforce to 500 high-quality IT engineers in the next three years and accompany Thai companies from various industries, including Retail, BFSI, Manufacturing, and more,” FPT GBI CEO, Levi Nguyen pledged.

According to FPT GBI CEO, the new office could allow FPT Software to work closely with the leading enterprises in Thailand in digital transformation projects. “Our company’s philosophy is staying close to the clients. So, this office will allow us to serve them faster and more effectively,” Levi said.

“It also demonstrates our company's strong capabilities and resources in digital platforms like KBank’s Make and AIA’s Alive & Vitality, as well as other technologies such as Cloud, Data, Artificial Intelligence, and Cyber Security,” FPT GBI CEO added.

KBTG Chairman Voranuch Dejakaisaya shared at the event: “I have visited FPT Software's campus in Vietnam before, and I did not see much difference from Silicon Valley in the US. I am glad to have established a strategic partnership with a leading IT firm like FPT Software. They are dedicating over 100 experts to support our digital platform and core systems, and we plan to double that in 2023."

Vietnam and Thailand are transitioning into a digital economy, with both governments introducing various frameworks and projects, unlocking collaboration potentials between both countries' firms, especially in the ICT sector. According to Thailand’s Digital Economy and Society Minister, the country’s digital economy is expected to account for 20% to 30% of its GDP by 2030 latest¹. As Vietnam’s leading IT firm, FPT Software looks to promote long-term cooperation in digital transformation between Vietnam and Thailand.

Over the last decade, FPT Software has had a strong presence in seven countries in the Asia Pacific region: Singapore, Malaysia, Australia, Vietnam, Thailand, Indonesia, and China (including Hong Kong), allowing it to provide end-to-end IT services to businesses of all sectors. The firm sets its sights on becoming one of the Top 50 global digital transformation service providers by 2030.

FPT Software’s new office is located at Thanapoom Tower, 10th Floor, Zone C, New Petchburi Road, Makasan, Ratthewi, Bangkok.

About FPT Software

FPT Software is a global technology and IT services provider headquartered in Vietnam, with more than $632.5 million in revenue and 25,500 employees in 28 countries. As a pioneer in digital transformation, the company delivers world-class services in Smart factories, Digital platforms, RPA, AI, IoT, Cloud, AR/VR, BPO, and more. It has served 1000+ customers worldwide, a hundred of which are Fortune Global 500 companies in Automotive, Banking and Finance, Logistics & Transportation, Utilities, and more. For further information, please visit http://www.fpt-software.com 

http://mrem.bernama.com/viewsm.php?idm=44814

Teledyne DALSA to unveil high-performance X-ray detectors at upcoming Chicago Exhibition

KUALA LUMPUR, Nov 22 (Bernama) -- Digital imaging manufacturer Teledyne DALSA will introduce a new line of X-ray detectors based on Indium Gallium Zinc Oxide(IGZO) in addition to its premium line of CMOS-based detectors at the upcoming Nov 27-Dec 1 RSNA 2022 Technical Exhibition in Chicago.

In a statement, the company said the new Axios fl at panel detector series, designed and manufactured entirely by Teledyne, are based on an innovative IGZO technology, proprietary new image chain and use the highest performance components.

The Axios product line is engineered to deliver an unprecedented balance of performance and value, while addressing the needs of the most demanding real-time applications for diagnostic and interventional imaging like orthopedics, vascular cardiology and surgery.

The high image quality performance of the Axios detectors will enable better diagnosis of medical anomalies and better procedure outcomes, resulting in reduced treatment costs.

On display will be also the Teledyne’s Xineos CMOS X-Ray detector series – a superior performance family of detectors that deliver unsurpassed low-dose and lag-free image quality, combined with easy integration and long reliable lifetime.

Teledyne DALSA provides state-of-the-art image sensing, capture and processing solutions to medical, dental and scientific equipment manufacturers.

-- BERNAMA

AI-ENABLED FINANCIAL FRAUD DETECTION SPENDING TO EXCEED US$10 BLN BY 2027 - ​JUNIPER RESEARCH

KUALA LUMPUR, Nov 21 (Bernama) -- Global business spending on artificial intelligence (AI)-enabled financial fraud detection and prevention strategy platforms will exceed US$10 billion in 2027 from just over US$6.5 billion in 2022, according to a Juniper Research study. (US$1=RM4.58)

Growing at 57 per cent over the period, the study predicts that as fraudsters become more sophisticated in their attacks, merchants and issuers will become more adept at utilising highly advanced AI-enabled fraud detection methods to combat crime.

According to a statement, the study identified the ability of AI to recognise fraudulent payment trends at scale as being critical to provide improved fraud prevention.

The research analysis predicts cost savings from AI deployment will be critical to take system use beyond regulatory compliance. 

The research predicts that the use of AI will result in cost savings and this is critical because it goes beyond meeting regulatory compliance. Instead, it will provide a genuine return on investment in fraud prevention services. Improving models and greater data access will create a virtuous circle of improvement.

Additionally, the fraud detection report also found that AI is increasingly standard within financial fraud prevention services, making differentiation a challenge.

The research recommends vendors focus on access to transaction and trends data, as gaining the best level of network intelligence will allow businesses to benefit from fraud information beyond just their own transactions, significantly improving fraud prevention.

It also recommends vendors form partnerships with third parties, such as credit bureaus and payment networks, to improve data coverage.

Juniper Research provides research and analytical services to the global hi-tech communications sector,  providing consultancy, analyst reports, and industry commentaries.

-- BERNAMA

MIDEA VRF GOING GLOBAL, SETS SAIL FOR JAKARTA-BANDUNG HIGH-SPEED RAILWAY

 

Midea VC Pro VRFs have been used in Jakarta-Bandung High-Speed Railway (HSR), Dubai Expo and many other overseas projects. (Graphic: Business Wire) 

JAKARTA, Indonesia, Nov 16 (Bernama-BUSINESS WIRE) -- The G20 Bali Summit presented the latest construction results of the Jakarta-Bandung High-speed Railway (HSR), the first high-speed railway in Southeast Asia. With a total length of 142 kilometers and a maximum design speed of 350 kilometers per hour, marking that Indonesia has entered the "high-speed rail era". Midea provides professional HVAC solutions and the most intimate services and sends "Midea Coolness" for Jakarta-Bandung HSR with 126 ODUs and 705 IDUs of Midea VC Pro.
 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221115006013/en/  

The HVAC project is vital equipment support for Jakarta-Bandung HSR. Jakarta-Bandung Railway is located in the tropical rainforest climate zone of Java Island and is influenced by the equatorial climate. The operator of the HSR needs a reliable and stable central air conditioning system to adapt to the high temperature and high humidity working conditions without downtime and effectively maintain the constant temperature of the HSR building space.

With a leading position in the global HVAC industry, Midea Building Technologies provides Jakarta-Bandung HSR professional air conditioning solutions. The multi-fluid chip liquid cooling technology can cool the electric control parts in time, and about 8 degrees can reduce the average temperature of the electric control parts, which can maintain strong cooling in high-temperature environments. In terms of corrosion resistance, the VC Pro VRFs ODUs can still operate stably under the severe corrosion of salt pollution environment by simulating experimental tests.

http://mrem.bernama.com/viewsm.php?idm=44740

NEW HIGH-YIELDING PERENNIAL RICE SEES SUSTAINABILITY SUCCESS -- THE LAND INSTITUTE

KUALA LUMPUR, Nov 17 (Bernama) -- A new high-yielding, long-lived perennial rice with significant environmental, economic, and social sustainability impacts is now being grown in Southeast Asia and parts of Africa, according to a study in the journal Nature Sustainability.

Researchers in China's Yunnan Province have developed perennial rice in a relatively short two-decade timeframe, achieving comparable yields to annual rice varieties.

They were supported with scientific expertise and seed funding from Kansas-based nonprofit The Land Institute and a global network of researchers.

“Since perennial rice can produce yields over eight consecutive harvests similar to annual rice, this is direct evidence that developing perennial versions of grain crops is feasible.

“This evidence provides a clear reason to vastly increase research investment in ongoing work to develop perennial versions of crops like wheat and sorghum,” said Director of Crop Improvement and Lead Scientist of the Kernza® Domestication Program at The Land Institute, Lee DeHaan in a statement.

The research shows that perennial rice crops have advantages over annual rice crops including long-lived production whereby perennial rice produced grain for eight consecutive harvests over four years from a single planting.

Other advantages include comparable high yields; significant carbon sequestration; labour and inputs savings; and improved farmer livelihoods as farmer profits from perennial rice ranged from 17 per cent to 161 per cent above annual rice.

Senior author Fengyi Hu and Dayun Tao began working with co-author Erik Sacks to develop perennial rice in 1999 in a collaboration between the Yunnan Academy of Agricultural Sciences (YAAS) and the International Rice Research Institute (IRRI).

Hearing of the IRRI project, The Land Institute invited Sacks to present his research in 2005.

This connection eventually led to Hu and the YAAS team partnering with the perennial grain breeding experts at The Land Institute in 2007 to help jumpstart the development of a promising wide hybrid cross between annual, cultivated rice and a perennial rice cousin from Africa.

Inspired by the potential for Hu's research to develop upland perennial rice, given the catastrophic soil erosion in the hilly regions of Southeast Asia, The Land Institute provided critical funding, technical support, and mentoring and helped expand a network of global peer researchers.

-- BERNAMA

HYTERA, KAZAKHSTAN TEMIR ZHOLY, BT SIGNAL TO CO-DEVELOP RAILWAY COMMUNICATION SYSTEMS

 

Left to right: Ivan Wang, Country Manager of Hytera Kazakhstan; Batyr Kotyrev, Chief Engineer of KTZ; Bayzakov B.M., Director of BT Signal (Photo: Business Wire)

ASTANA, Kazakhstan, Nov 16 (Bernama-BUSINESS WIRE) -- Hytera Communications (SZSE: 002583), a leading global provider of professional communications technologies and solutions, announced today it has signed an agreement with Kazakhstan Temir Zholy (KTZ), a national railway company, and BT Signal LLP (BT Signal) on the establishment of a competence center to co-develop broadband railway communication systems towards 5G and beyond.
 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221115006598/en/

The objective of the competence center is to accelerate the formation of future-proof railway communication systems for KTZ. The competence center will provide a platform for railway communication specialists from Hytera, KTZ, and BT Signal to exchange technical expertise and experience, approve roadmaps for project implementation, develop necessary regulatory and technical documentation, and implement new modular programs.

The agreement was signed during the online seminar Future Railway Telecommunication in the Asia-Pacific Region. Co-organized by the International Union of Railways (UIC) and KTZ, the seminar gathered over 200 railway experts from 23 countries.

Batyr Kotyrev, Chief Engineer of KTZ, spoke at the seminar that KTZ plans to start the research project Prospects for Introducing New Standards of Railway Radio Communication for Railways of the Asia-Pacific region in 2023.

http://mrem.bernama.com/viewsm.php?idm=44751

Medidata launches solution to help clinical trial sites save time, reduce errors

KUALA LUMPUR, Nov 16 (Bernama) -- Medidata, a Dassault Systèmes company, plans to launch Rave Companion, an innovative, scalable, patent-pending technology helping clinical trial sites save time and reduce errors in transferring electronic health record (EHR) data to the Rave electronic data capture (EDC)system.

Headquartered in New York City, Medidata helps generate the evidence and insights to help pharmaceutical, biotech, medical device and diagnostics companies, and academic researchers to accelerate value.

Rave Companion addresses the long-standing industry challenge of duplicate data entry by enabling structured and unstructured data from any EHR to be directly utilised by Rave EDC, with a few clicks.

The number of data points collected as part of a clinical trial has increased exponentially and sites are looking for scalable and easy-to-use solutions to connect to their EHR and reduce data entry.

"Rave Companion is an elegant solution that helps sites utilise existing data from any EHR system instead of re-entering it for clinical trials purposes,” said Medidatavice president EHR Solutions and Healthcare Dan Braga in a statement.

Medidata has conducted more than 29,000 trials, with more than 1.5 million life science professionals around the world using its industry-leading platform.

Rave Companion was designed in a way to provide out-of-the-box functionality for unstructured data, as well as advanced EHR integration capabilities for those sites connected to Medidata’s broad and quickly expanding network of research sites, the statement said.

-- BERNAMA

TAIWAN'S BEST SMART DISPLAY MANUFACTURERS SHINE AT 2022 SDIA AWARD

TAIPEI, Taiwan, Nov 11 (Bernama-BUSINESS WIRE) -- To encourage Taiwan’s smart display manufacturers to stay up to date with the leading display technologies, the Smart Display Industry Alliance (SDIA) organized the 2022 SDIA Award, handing out Gold, Silver, and Bronze prizes as well as the Prize of Excellence to winners who meet the award evaluation criteria including marketability, innovation, technology, research and development capabilities, and prototype performance. The aim is to commend the participating manufacturers for their investment in expanding forward-looking display technologies and to enhance the image and market competitiveness of Taiwan's display industry.

This press release features multimedia. View the full release here: 
https://www.businesswire.com/news/home/20221110005513/en/

 

Founded by the Industrial Development Bureau of the Ministry of Economic Affairs in 2021, SDIA established industry-government-university-academia collaboration networks and an operation integration mechanism, strengthening cross-sector, inter-departmental, and multidisciplinary resources and capacity to increase Taiwan’s international competitiveness in smart display technology and encourage cross-industry collaborations to transform the display industry from a single industrial chain into an industrial ecosystem.

This year, the prizes are awarded to companies that delivered outstanding projects with a focus on forward-looking display technologies. The Gold Prize recipients are AUO Corporation, Innolux Corporation, and PlayNitride Display Co., Ltd, while the Silver Prize goes to E Ink Holdings Inc., Lextar Electronics Corporation, and Darwin Precisions Corporation. The Bronze Prize awardees include PanelSemi Corporation, WiseChip Semiconductor Inc., and InnoCare Optoelectronics Corp., and the Prize of Excellence is given to Taiwan Nanocrystals Inc., General Interface Solution Limited, and GIO Optoelectronics Corp.

The AUO Corporation brought the world’s first 14.6-inch rollable Micro LED display with the highest resolution. High speed mass transfer technology is employed to achieve the ultra-high pixel density of 202 ppi, making the product hold a pre-eminent position in size and resolution. Its production process activated by innovative green energy saves energy and reduces power consumption. The rollable display increases the flexibility of interior space in vehicles.

The Innolux Corporation presented a naked-eye 3D smart medical imaging solution. Combined with Innolux’s exclusive patent—Volume N3D light field display technology and algorithm, the system can directly read the image information of tomography, helping doctors to interpret the information faster and more accurately.

With the application of metaverse garnering interest across industries, the PlayNitride Display Co., Ltd rolled out the metaverse 0.49-inch/4,536 ppi full-color micro-display, which is currently the highest grade of its kind in the industry and can be used in AR glasses. The advancement of display technology has enhanced the metaverse experience.

These display technology companies have their own strengths. SDIA will continue to help manufacturers in the smart display industry to transform and upgrade with an aim to develop higher value-added products or system and application integration services. It will also encourage the development of applications and solutions in various fields to put theories into practice so as to drive the overall smart display industry transformation and upgrading and achieve the goal of establishing an industrial port. 

http://mrem.bernama.com/viewsm.php?idm=44707

SACOMBANK SELECTS TEMENOS INFINITY TO ELEVATE DIGITAL BANKING AND DELIVER SEAMLESS OMNICHANNEL EXPERIENCE

Leading Vietnam bank will use Temenos to power digital banking for over 15 million retail and business customers 


GENEVA, Nov 10 (Bernama-GLOBE NEWSWIRE) --  Temenos (SIX: TEMN), today announced that Sacombank, one of the largest banks in Vietnam with over 15 million customers, has selected Temenos Infinity to elevate its digital banking and deliver a seamless omnichannel experience to retail and business customers.

Since Kony’s acquisition in 2019, Temenos Infinity has been selected by over 200 new customers and the product's leadership has been cemented with multiple analyst accolades. Temenos has been named a leader in the Forrester Waves™: Digital Banking Engagement Platforms and Digital Banking Engagement Hubs evaluations in 2021. Temenos was also the only vendor rated best-in-class in Aite Matrix Evaluation of US digital banking solutions.

Sacombank has a customer-centric business strategy focused on providing high-quality financial products and services to individual and corporate customers, especially small and medium-sized enterprises. Temenos Infinity will enable the bank to reimagine the way it interacts with customers and meet the growing customer demand for digital products and services and fast, frictionless customer experiences.

Vietnam is leading the way in digital banking in Southeast Asia. It has a large younger demographic of digitally savvy consumers and a vibrant local fintech and ecommerce industry. Vietnamese enjoy quick and easy digital experiences for a wide variety of services and expect the same from their banking.

Temenos Infinity is a true omnichannel, multi experience platform-based product that enables a comprehensive 360-degree customer view, helping Sacombank to acquire, service, retain and cross-sell to customers, on multiple channels and devices using native features. Offering pre-composable banking services – built on microservices and accessible via APIs – the platform enables Sacombank to develop innovative products quickly and that bring real benefits to consumers and businesses.

The bank plans to introduce fully digital customer onboarding and origination as well as enhance the service experience for existing customers through digital channels. Additionally, Temenos’ open and composable platform will help Sacombank connect with e-commerce providers, social networks and other online services to accelerate a cashless ecosystem, a priority for the Government of Vietnam.

In selecting a new digital banking platform, Sacombank looked at various leading solutions in the market and after a thorough evaluation decided on Temenos Infinity. Sacombank is a longstanding Temenos customer and will run Temenos Infinity on top of its existing Temenos Transact core, providing complete front-to-back banking capabilities on a single platform.

Temenos Infinity is the world’s best-selling digital banking platform used by over 850 financial institutions, from global tier one banks to digital challengers. It can connect to any core banking system as a standalone solution for larger banks or to Temenos Transact. Temenos Infinity can run on any cloud or as SaaS on the Temenos Banking Cloud.

Bui Van Dung (Mr.), Deputy CEO, Sacombank said: “The omnichannel platform project is an unavoidable step to make a breakthrough in digital business of Sacombank. Sacombank believes that Temenos has the best reputation, capacity, and technology in omnichannel, along with a consultant team experienced in implementing similar projects at the leading banks, financial institutions in area and world-wide, hence, Temenos is able to support Sacombank in implementing its digital business strategy to comprehensively innovate in quality.”

Craig Bennett, Managing Director – APAC, Temenos, said: “Vietnam is a strategic market for Temenos. More than 20 Vietnamese banks run on our core banking technology, and we see growing adoption and interest for our Temenos Infinity digital banking platform. As one of the biggest banks in Vietnam and the Southeast Asia region, we are hugely proud to extend our relationship with Sacombank. Adding Temenos Infinity to the bank’s technology stack will propel the bank forward, opening new opportunities and delivering outstanding customer experiences.” 

About Temenos
Temenos (SIX: TEMN) is the world’s leading open platform for composable banking, creating opportunities for over 1.2 billion people around the world every day. We serve over 3000 banks from the largest to challengers and community banks in 150+ countries by helping them build new banking services and state-of-the-art customer experiences. The Temenos open platform helps our top-performing clients achieve return on equity three times the industry average and cost-to-income ratios half the industry average.

For more information, please visit www.temenos.com.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/54af5e1a-1e98-4441-897e-7d90b91e8ad4


Media Contacts  

Jessica Wolfe & Scott Rowe
Temenos Global Public Relations
Tel: +1 610 232 2793 & +44 20 7423 3857
Email: press@temenos.com

Alistair Kellie
Newgate Communications on behalf of Temenos
Tel: +44 20 7680 6550
Email: allnewgatetemenos@newgatecomms.com

SOURCE : Temenos

HITACHI ENERGY, EQUINOR COLLABORATE ON ENERGY TRANSMISSION DESIGNS

KUALA LUMPUR, Nov 8 (Bernama) -- Global technology leader in sustainable energy Hitachi Energy has signed an agreement with one of the world’s largest energy companies Equinor to collaborate within the electrification, renewable power generation and low-carbon sector worldwide.

The agreement underscores both companies’ commitment to accelerate the transition to a more sustainable, flexible and secure energy system, the statement said.

“It builds on both companies’ long and successful collaboration over many decades,” the statement said.

Hitachi Energy said the collaboration’s initial focus areas include developing standardised base designs to be applied for high-voltage direct current and alternating current transmission systems to connect offshore wind farms and Equinor's production facilities to mainland power grids.

Hitachi Energy’s grid integration business managing director Niklas Persson said they are delighted to deepen their longstanding relationship with Equinor and help them achieve its ambition to become net zero by mid-century.

Hitachi Energy added that the scope of the agreement covers a complete portfolio of power grid technologies and solutions, including its IdentiQ and OceaniQ solutions.

-- BERNAMA

Confident Strategy Group and YouGov reveal Sustainable Future Poll results

KUALA LUMPUR, Nov 8 (Bernama) -- In conjunction with the 27th Conference of the Parties (COP) of the UNFCCC (United Nations Framework Convention on Climate Change) or  COP27, Confident Strategy Group and YouGov polled over 500 Australian business leaders to determine their confidence level in the Australian Federal and State Government’s sustainability policies.

At COP27, governments will report their progress and make agreements to take further action to achieve the Paris Agreement's outcomes which were adopted in 2015.

“This year’s Sustainable Future Confidence Poll indicates optimism exists after the most recent Federal election, and we look forward to continuing to track business leaders’ confidence in the years ahead,” said Dr Jeanette Fielding, Group Chief Executive Officer of Confident Strategy Group, in a statement.

The poll assessed business leaders’ confidence across nine levers of climate change while also considering Australia’s unique environment and biodiversity impacts.

This year the poll also did a deep dive into business leaders’ attitudes towards energy sources suitable for Australia.

Among the findings in this inaugural poll includes two in 10 Australian business leaders were not confident deforestation was being addressed.

While eight in 10 business leaders believe solar as a source of energy should be increased, seven in 10 also believe hydroelectricity and wind should be increased, and four in 10 believe natural gas and nuclear should be increased.

The poll was conducted online between Sept 8-16 and the sample comprised of 510 senior business leaders in Australia from organisations with more than 50 employees.

Confident Strategy Group set the policy levers to be explored, and YouGov designed the questionnaire.

-- BERNAMA

ISETAN MITSUKOSHI HOLDINGS ANNOUNCES OPENING OF "MITSUKOSHI FRESH" & "MITSUKOSHI BEAUTY" AT "MITSUKOSHI BGC" IN MANILA, PHILIPPINES, ON FRIDAY, NOVEMBER 18, 2022

TOKYO, Nov. 7, 2022 /Kyodo JBN-AsiaNet/ --

Isetan Mitsukoshi Holdings Ltd. (hereinafter "Isetan Mitsukoshi HDS") of Tokyo is pleased to announce the opening of a new supermarket, "MITSUKOSHI FRESH," and a new beauty store, "MITSUKOSHI Beauty," on Friday, November 18, 2022, at "MITSUKOSHI BGC" in the Bonifacio Global City (BGC) area in the Philippine capital of Manila. Both MITSUKOSHI FRESH and MITSUKOSHI Beauty are operated by Mitsukoshi Federal Retail Incorporated, a joint venture between Isetan Mitsukoshi HDS and Federal Retail Holdings Incorporated of Makati, the Philippines, a subsidiary of Federal Land Incorporated.   MITSUKOSHI FRESH's logo: https://kyodonewsprwire.jp/prwfile/release/M102762/202210258672/_prw_PI3fl_Qbh752v1.png     MITSUKOSHI FRESH's image: https://kyodonewsprwire.jp/prwfile/release/M102762/202210258672/_prw_PI1fl_f2a9K49T.jpg     MITSUKOSHI Beauty's logo: https://kyodonewsprwire.jp/prwfile/release/M102762/202210258672/_prw_PI4fl_Gw9ucGA5.png     MITSUKOSHI Beauty's image: https://kyodonewsprwire.jp/prwfile/release/M102762/202210258672/_prw_PI2fl_7BL01PHi.jpg     Based on the concept of "A Feast of Your Senses," MITSUKOSHI FRESH is a premium supermarket which offers fresh food and imported food from Japan, aiming to become a supermarket that can be enjoyed by all five senses. MITSUKOSHI Beauty will mainly provide natural and organic cosmetics under the concept of "Be Essential, Be You," offering a wellness lifestyle.   Store name: MITSUKOSHI FRESH Store location: 1st basement, MITSUKOSHI BGC Business hours: 10:00 a.m. - 10:00 p.m. Store area: Approx. 1,500 m2   Store name: MITSUKOSHI Beauty Store location: Ground floor, MITSUKOSHI BGC Business hours: 10:00 a.m. - 10:00 p.m. Store area: Approx. 500 m2   1. MITSUKOSHI FRESH Under the concept of "A Feast of Your Senses," the store aims to be a supermarket which not only sells goods but can also be enjoyed by all five senses. The store will respond to daily needs of customers with high-quality proposals, especially in the bakery, fruit, vegetable, meat, and fish sections, taking new initiatives unique to Isetan Mitsukoshi Group's concept.   Unique features of MITSUKOSHI FRESH: https://kyodonewsprwire.jp/attach/202210258672-O4-04aI8w7Y.pdf   2. MITSUKOSHI Beauty With the concept of "Be Essential, Be You," MITSUKOSHI Beauty aims to offer a wellness lifestyle by focusing on natural and organic cosmetics that bring out the essential beauty of skin and hair. The store will offer a lineup of products "only available at Isetan Mitsukoshi" by utilizing the cosmetic selection and offering capabilities cultivated on the natural and organic cosmetics floor of Isetan Shinjuku Main Store in Japan.   Unique features of MITSUKOSHI Beauty: https://kyodonewsprwire.jp/attach/202210258672-O3-v713CKrF.pdf   3. ISETAN MITSUKOSHI's Hospitality: https://kyodonewsprwire.jp/attach/202210258672-O2-xA5aU4s9.pdf   4. Isetan Mitsukoshi Group's Overseas Business Strategy: https://kyodonewsprwire.jp/attach/202210258672-O1-0M9tmky1.pdf     Source: Isetan Mitsukoshi Holdings Ltd.   http://mrem.bernama.com/viewsm.php?idm=44653

TRIANGLE LIFE ANNOUNCES THE APPOINTMENT OF JON HACK AS CHAIRMAN OF THE BOARD

HAMILTON, Bermuda, Nov 4 (Bernama-BUSINESS WIRE) -- Triangle Life Ltd. (“Triangle Life”), a provider of life insurance products to high-net-worth (“HNW”) individuals globally through its wholly owned subsidiary, Triangle Life Insurance Co Ltd., today announced the appointment of Jon Hack as a non-executive Chairman to the board, succeeding Niall O’Hare, Triangle Life founder and CEO, who has served as Chairman since the inception of the organisation in 2020.

This press release features multimedia. View the full release here: 
https://www.businesswire.com/news/home/20221103005282/en/

 

Hack brings a wide range of skills and experience in value creation in life insurance as well as in capital raising. He was a Founding Principal and Managing Director of Resolution Life, a global life insurance group focused on the acquisition and management of portfolios of life insurance policies. Prior to joining Resolution Life, Hack was Managing Director and Head of the European Financial Institutions Group at Lazard.

Jon Hack said: “Triangle Life is an excellent business with a clear purpose and a talented management team. Niall and the rest of the team have identified a significant market opportunity and have built the company needed to respond to this need. I look forward to taking on the role of Chairman, to help drive Triangle Life’s success by delivering long term and reliable solutions for brokers and clients.”

Niall O’Hare said: “Jon’s background and expertise, and everything he has brought to our business in the past few months as advisor to the Board, make him an obvious choice to take on the role of Chairman of the Board of Directors of Triangle Life. His deep experience in global life insurance and capital markets will help support our acceleration towards launch and our exciting growth prospects thereafter.”

About Triangle Life

Triangle Life Insurance Co Ltd. is incorporated in Bermuda and is registered as a Class C insurer pursuant to the terms of the Insurance Act 1978 and related regulations. The company will provide a comprehensive range of tailored solutions to meet the ever-evolving complexities of HNW wealth succession.

Website www.trianglelife.bm LinkedIn: linkedin.com/company/triangle-life/ 

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EDITH COWAN UNIVERSITY POLISHES DIGITAL LEARNING EXPERIENCE WITH BOOMI

• Boomi helps top Western Australian university make data more accessible for improved staff and student online experience, while creating efficiencies in the technology department

• Edith Cowan University joins other leading universities around the world in selecting Boomi’s category-leading and Gold Globee Award^®-winning integration platform as a service (iPaaS) for better business outcomes

CHESTERBROOK, Pa., Nov 1 (Bernama-BUSINESS WIRE) -- Boomi™, the intelligent connectivity and automation leader, today announced that Edith Cowan University (ECU) has implemented the Boomi AtomSphere™ Platform to create a digital framework that promotes data access and sharing across the university for enhanced staff and student online engagement.

This press release features multimedia. View the full release here: 
https://www.businesswire.com/news/home/20221031005017/en/

 

Located in Western Australia, Edith Cowan University supports more than 30,000 undergraduate and postgraduate students, and pledges to provide job-ready graduates with enriching learning experiences. To strengthen this promise, the university sought to ensure staff and students could reliably access the right information, at the right time through its various student platforms.

“We house large amounts of important data across our application stack, accessed and engaged with by staff and students throughout the school day for insight and decision support,” said Vito Forte, Chief Information Officer (CIO), ECU. “Having appropriate tools like the Boomi platform helps ensure that information is accurate and reliable, and is critical to the efficacy of our IaaS-based cloud applications, as well as the numerous SaaS applications we run.”

ECU previously relied on single-use, point-to-point integrations using various technologies, an approach that was no longer feasible. To modernize integration of business systems and extend its integration reference architecture and development processes, the university selected Boomi’s low-code, cloud-native iPaaS to help it connect and orchestrate more data in less time.

The university leveraged the Boomi AtomSphere Platform to construct a unified integration capability which supports reusable design patterns and standards, backed by its integration reference architecture. This helps to ensure a consistent solution design approach and promote minimal coupling, high service reuse, and increased scalability. ECU’s project included connecting its Salesforce customer relationship management system, learning management system, student management system, and HR management system, as well as Azure Event Hub and Azure Data Explorer to support back-end analytics for logging, debugging, and usage monitoring of integration services for IT staff. Boomi also supports ECU’s analysis and reporting on student-to-system management so the university can constantly evaluate online engagement.

Additionally, the category-leading iPaaS helped accelerate development work in the IT room, allowing the launch of new services and apps to happen in weeks rather than months. Boomi's flexible application architecture freed up significant development and platform maintenance overhead, allowing ECU to focus on its reference architecture, including introducing data persistence, message queuing, API management, and security.

“Australian universities are rightfully recognized for their technology leadership, and many are at a pivotal point in their ability to provide tailored experiences and curricula to students,” said Nathan Gower, Director, Australia and New Zealand (ANZ) at Boomi. “In the world of hybrid learning and the digital campus, the opportunity for innovation is plentiful, and ECU is capitalizing on data for better student and teacher outcomes. Digital native learners shouldn’t need to pick through different resources to find what they need – information should be accurate and available, carrying a full-picture online. By using the Boomi AtomSphere Platform to ensure timely, seamless, and reliable access to data, ECU is engineering more personalized learning pathways, without the IT team being bogged down by traditional development cycles.”

Boomi has been positioned as a Leader in the Gartner® Magic Quadrant™ for Enterprise Integration Platform as a Service (EiPaaS) for eight consecutive years.

As a fast-growing, global software as a service (SaaS) company, Boomi touts a growing user community of over 100,000 members, and one of the largest arrays of global systems integrators (GSIs) in the iPaaS space. The company boasts a worldwide network of approximately 800 partners, including Accenture, Deloitte, SAP, and Snowflake; and works with the largest hyperscaler cloud service providers, including Amazon Web Services, Google, and Microsoft, among others. The company recently received the Gold Globee® Award in the Platform as a Service (PaaS) category, and has garnered a prestigious 5-star rating in the CRN Partner Program Guide, a definitive list of the most notable partner programs from industry-leading technology vendors that provide innovative products and flexible services through the IT channel. The Boomi AtomSphere Platform helps organizations across all industries connect data applications, streamline workflows, and deliver more integrated customer experiences.

Additional Resources

• Learn more about The Boomi AtomSphere Platform
• Explore the Boomiverse Community
• Follow Boomi on Twitter, LinkedIn, Facebook, and YouTube

Gartner Disclaimer:

Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. GARTNER and Magic Quadrant are registered trademarks and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved. Note: Boomi was recognized as Dell Boomi from 2014 to 2019.

About Boomi

Boomi aims to make the world a better place by connecting everyone to everything, anywhere. The pioneer of cloud-based integration platform as a service (iPaaS), and now a category-leading, global software as a service (SaaS) company, Boomi touts the largest customer base among integration platform vendors and a worldwide network of approximately 800 partners – including Accenture, Capgemini, Deloitte, SAP, and Snowflake. Global organizations turn to Boomi’s award-winning platform to discover, manage, and orchestrate data, while connecting applications, processes, and people for better, faster outcomes. For more information, visit http://www.boomi.com.

© 2022 Boomi, LP. Boomi, the ‘B’ logo, Boomiverse, and AtomSphere are trademarks of Boomi, LP or its subsidiaries or affiliates. All rights reserved. Other names or marks may be the trademarks of their respective owners. 

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