Wednesday, June 9, 2021

TRICOR TO LEAD FINANCIAL START-UP SUPPORT PROGRAM FOR OVERSEAS COMPANIES ENTERING JAPAN



KUALA LUMPUR, June 9 (Bernama) -- Tricor Japan (Tricor), the Japanese subsidiary of Tricor Group has been selected by Japan Financial Services Agency (JFSA), a government agency and regulator that oversees the country’s financial services industry, to develop, operate and lead its newly launched Financial Start-up Support Program.

The Program is a one-stop for foreign asset management companies (hereinafter referred to as overseas financial companies) entering the Japanese market.

As a public-private partnership, the goal of the Financial Start-up Support Program is to elevate Japan’s global financial centre status, attracting more foreign direct investment from overseas financial companies by easing market entry processes including financial licence application support, compliance personnel recruitment, and providing relocation assistance.

As the exclusive private operator of the Financial Start-up Support Program, Tricor provides overseas financial companies with English-language incorporation and financial business licence registration solutions.

In a statement, Tricor Japan CEO, Scott Sato said: “Following bold new legislation and incentives, Japan is committed to attracting more foreign investors and asset managers.

“With over 20 years of experience operating here in Japan, the Tricor team of experts has supported the expansion endeavors of over 750 multinational clients. We look forward to entering our next chapter of growth, working alongside JFSA to help bolster Japan’s status as a premier hub for international finance.”

With the help of Tricor, which operates globally and has a broad network, JFSA said it would further promote efforts to make Japan an international financial centre, with the hope the Financial Start-up Support Program will provide a boost to foreign financial businesses that are considering to enter and expand in the Japanese market.

-- BERNAMA

DATASTAX ACCELERATES IN ASIA-PACIFIC WITH NEW SINGAPORE HEADQUARTERS

 

Helps Endowus and SC Ventures (Nexus) Deliver Exceptional Data-Driven Customer Experiences


SANTA CLARA, Calif., June 9 (Bernama-BUSINESS WIRE) -- DataStax today announced it has expanded its footprint in the Asia-Pacific (APAC) market with the opening of a new office in Singapore. Establishing regional headquarters in Singapore marks a major global expansion for DataStax and comes hot on the heels of new funding from Goldman Sachs. The expansion reinforces DataStax’s commitment to APAC and enables the company to meet the growing global demand for its marquee offering: Astra, an open data stack for modern data apps built on Apache Cassandra™.

“We see an impressive opportunity for growth in APAC,” said Chet Kapoor, chairman and CEO at DataStax. “We are excited to expand our presence in APAC to help the growing number of enterprises adopting an open data stack to accelerate their digital transformation.”

DataStax’s entry in APAC is strategically planned for the market opportunity. According to a ResearchandMarkets.com report titled “Global Cloud Database and DBaaS Market (2020 to 2025),” Asia Pacific is expected to have the highest growth rate over the forecast period. Since January, the regional headquarters in Singapore has doubled in size. Its strategic location will allow easy access to key markets.

To support this expansion, Deb Dutta, an industry veteran with over 25 years of experience driving strategy, growth, marketing, operations and organization buildout has joined DataStax as general manager of the APAC region. Dutta has held leadership positions with global enterprise technology leaders including McAfee, Brocade and Juniper Networks. Dutta will be responsible for building the team, expanding enterprise engagements, strategic partnerships and accelerating DataStax’s growth across APAC.

New Zealand based Aaron Morton, will support this expansion as a technical expert in APAC. Morton is a veteran of Apache Cassandra, starting his contributions in 2010. He is a committer to the core code base and a member of the Project Management Committee (PMC) for Cassandra.

“DataStax continues to see rapid adoption of Cassandra in a form factor which is easy to operate, developer ready, cloud delivered and presents a dramatic reduction in TCO. We recently launched Astra, which is the first serverless deployment based on Apache Cassandra that works on all three major public clouds,” said Dutta. “I am thrilled to join DataStax to help connect developers and enterprises in APAC to the power of Apache Cassandra by engaging, enabling and empowering them.”

With offices around the world and APAC-specific locations in Australia, Japan, and Singapore, DataStax has helped nearly 500 of the world’s most demanding enterprises and half of the Fortune 100 power their modern data apps.

Endowus is a Singapore-based financial technology company that empowers people to take control of their financial future. “Thanks to DataStax, we were able to easily move from one cloud provider to the next without inconveniencing our team or our customers. As a result, we have a future-proofed tech stack that will enable us to continue serving our users effectively as we continue to scale,“ said Joo Lee, CTO, Endowus.

SC Ventures (Nexus) offers international banking services, working across some of the world's most dynamic markets including Asia, Africa and the Middle East. “With more than 750 branches worldwide and a presence in 59 markets, SC Ventures (Nexus) relies on DataStax to help provide a secure, distributed database infrastructure,” said Suresh Khatri, Head of Engineering, SC Ventures (Nexus). “As we further develop our digital banking platform and banking as a service offering, the solution allows us to leverage Stargate API gateways to catalyze financial services innovation.”

Resources
About DataStax

DataStax delivers an open, multi-cloud data stack built on Apache Cassandra™, the world’s most scalable database and Apache Pulsar. The company’s marquee offering is DataStax Astra, the industry’s first and only open, multi-cloud serverless database. Built on a modern, Kubernetes-based architecture, Astra delivers Cassandra-as-a-Service with an unprecedented combination of pay-as-you-go data, simplified operations, and the freedom of multi-cloud and open source. With DataStax, any developer or enterprise can now deploy data at massive scale, with 100% uptime, for lower cost. Today, nearly 500 of the world’s most demanding enterprises and half of the Fortune 100 rely on DataStax to power modern data apps, including The Home Depot, T-Mobile, and Intuit.

© 2021 DataStax, All Rights Reserved. DataStax is a registered trademark of DataStax, Inc. and its subsidiaries in the United States and/or other countries.

Apache, Apache Cassandra, Cassandra, Apache Pulsar, Pulsar and Apache Kafka are either registered trademarks or trademarks of the Apache Software Foundation or its subsidiaries in Canada, the United States, and/or other countries.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20210608006043/en/

Contact

Arlene Go
Public Relations
DataStax
+1 510-274-8500
Arlene.Go@DataStax.com

Source : DataStax, Inc.

Saturday, June 5, 2021

Mitsubishi Power Americas subsidiaries to install 30-megawatt dual-fuel gas turbines for CFEN

KUALA LUMPUR, June 4 -- Mitsubishi Power Aero LLC and Mitsubishi Power de Mexico, both subsidiaries of Mitsubishi Power Americas Inc have executed a fast-track, turnkey contract to install and commission five 30-megawatt FT8® MOBILEPAC® aero-derivative, dual-fuel gas turbines for CFEnergia SA de CV (CFEN).

According to a statement, CFEN is a subsidiary of Mexico’s Federal Electricity Commission (CFE).

The project, located in Mexicali, Baja California, delivers critical power in time for peak season.

A sixth gas turbine will be added later to expand capacity and support next summer’s requirements.

Mitsubishi Power Aero provides mobile generation equipment combined with in-house EPC expertise which the FT8 MOBILEPAC gas turbine package is ideally suited for rapid deployment to meet emergency power requirements. 

The additional power from these units offers peace of mind and energy security to the people and industries in Mexicali.

Additionally, as Mexico works toward integrating intermittent renewable energy generation, these gas turbines will play an important role in supplying flexible, reliable, and mobile energy to bolster grid reliability and resilience.

“Although Mexicali has sufficient capacity to meet the region’s power requirements most of the year, there is a shortfall during peak season causing hardship for all who rely on a steady supply of electricity,” said Mitsubishi Power Aero Vice President of Sales and Business Development, Harsh Shah.

Mitsubishi Power Aero President and Chief Executive Officer, Raul Pereda noted: “The FT8® MOBILEPAC® units are essential assets for Mexico. A compact footprint, minimal site prep, and no permanent foundations give CFE the flexibility to relocate them to other locations to support demand.”

-- BERNAMA

Friday, June 4, 2021

Illumina, Next Generation Genomic to launch VeriSeq™ NIPT Solution in Thailand



KUALA LUMPUR, June 2 -- Illumina Inc and Next Generation Genomic Co Ltd (NGG Thailand), the Association of Southeast Asian Nations (ASEAN) leaders in laboratory services and reproductive science, have announced the launch of VeriSeq™ NIPT Solution v2 in Thailand, a CE-IVD, next-generation sequencing (NGS)-based approach to non-invasive prenatal testing (NIPT).

Illumina Vice President and General Manager of Asia Pacific and Japan, Gretchen Weightman, explained the availability of VeriSeq NIPT Solution v2 was a key milestone in the partnership between Illumina and NGG Thailand.

“Illumina’s comprehensive technologies, coupled with NGG Thailand’s expertise, will enable healthcare providers and expectant parents to unlock the most critical information possible today,” said Weightman.

The automated in-lab IVD solution will allow NGG Thailand to launch the Qualifi Prenatal Test and be the first laboratory in South East Asia to detect anomalies that targeted assays miss and deliver more insights into the health of a pregnancy compared to standard NIPT offerings.

Illumina, the global leader in DNA sequencing and array-based technologies in a statement said, using its VeriSeq NIPT Solution v2, the test delivers a comprehensive view of the fetal genome compared to other CE-IVD NIPT products.

This enables healthcare providers to support expectant parents with informed, timely and personalised pregnancy management options better than ever before. 

NGG Thailand’s Qualifi Prenatal Test uses VeriSeq NIPT Solution v2 to provide accurate information about fetal chromosomal status as early as 10 weeks of gestation using a single maternal blood draw.

The CE-IVD VeriSeq NIPT Solution v2 is now registered for use in Thailand, Vietnam, Singapore, South Korea, Australia, New Zealand, South Africa and across most countries in Europe.

More details at www.illumina.com.

-- BERNAMA


BAKKEN ENERGY-MITSUBISHI POWER PARTNERSHIP FOR NORTH DAKOTA CLEAN HYDROGEN HUB

KUALA LUMPUR, June 3 (Bernama) -- Bakken Energy LLC, formerly Bakken Midstream Natural Gas LLC, (Bakken Energy) and Mitsubishi Power Americas Inc (Mitsubishi Power) have signed a strategic partnership agreement to create a world-class clean hydrogen hub in North Dakota.

This hub will be composed of facilities that produce, store, transport and consume clean hydrogen, which will be connected by pipeline to other clean hydrogen hubs being developed throughout North America.

“We believe that clean hydrogen derived from natural gas, with the carbon captured and with its cost advantages, is the best way to accelerate the adoption of hydrogen,” said Bakken Energy Chief Executive Officer, Mike Hopkins.

“Bakken Energy intends to be the largest and lowest cost producer of clean hydrogen in the United States.”

According to a statement, the Bakken Energy partnership to create a clean hydrogen hub joins Mitsubishi Power’s portfolio of innovative partnerships and cross-sector teams accelerating hydrogen technology realisation.

Mitsubishi Power has been developing a hydrogen hub with Magnum Development in Utah to support the western US, and in May signed an agreement to develop hydrogen storage solutions with Texas Brine across the eastern US.

Bakken Energy, supported by Mitsubishi Power, is currently working with Basin Electric Power Cooperative and its subsidiary Dakota Gasification Company on the potential acquisition and redevelopment of the Great Plains Synfuels Plant located near Beulah, North Dakota.

The redevelopment would make the facility the largest producer of clean hydrogen in North America. The project is in due diligence, and specific details are confidential until that phase is complete.

-- BERNAMA

Thursday, June 3, 2021

NEW PRE-FEASIBILITY STUDY LOOKING TO PROGRESS CO2 CAPTURE

KUALA LUMPUR, June 2 (Bernama) -- Amplifying the impact of emission reductions through carbon capture and storage (CCS) is the focus of a new pre-feasibility study exploring the potential application of carbon dioxide (CO2) capture on 750-megawatt coal-fired power plants.

This project is part of a broad study examining the viability of a regional commercial-scale geologic CO2 storage hub in the Southeastern US, according to a statement.

The International CCS Knowledge Centre (Knowledge Centre) is collaborating with an international team on the US Department of Energy (DOE)-funded project to develop the conceptual designs and capital cost estimates evaluating the installation of post combustion carbon dioxide (CO2) capture on a Southern Company electrical generating station.

The project would represent a significant scale-up and is a natural progression in the maturation of carbon capture technology.

By bringing leadership, vision and experience based on its substantive learnings from both the fully integrated Boundary Dam 3 CCS Facility and its comprehensive second-generation CCS study (Shand CCS Feasibility Study), the Knowledge Centre is performing the carbon capture pre-feasibility study of the scenario.

This study is being conducted through a cooperative agreement with the project manager, Southern States Energy Board, and a team that includes Southern Company, Mitsubishi Heavy Industries (MHI) Group, and Stantec Consulting Ltd.

The pre-feasibility study will look at carbon capture design and cost. It will include details such as an analysis on steam integration options between the generating unit and the capture plant, as well as the identification of potential impacts of the new processes on existing plant environmental permitting.

The theoretical installation of carbon capture systems at power plants would not only ensure reliable baseload electricity, it would preserve the value of the existing facility, while also actively making significant strides in reducing anthropogenic greenhouse gas emissions.

More details at https://ccsknowledge.com/

-- BERNAMA

BAND Royalty changes NFT landscape, making accessibility for retail investors

KUALA LUMPUR, June 2 -- BAND Royalty has announced its placement in an editorial published by NetworkNewsWire, one of 50+ trusted brands within the InvestorBrandNetwork (IBN).

Currently, retail investors can only get exposure to the music industry by buying stock in a public music label, investing in funds that buy/sell music royalties, or via websites that auction royalty rights, often well into the six-figure dollar range.

In what many perceive as a ground-floor opportunity, BAND Royalty is changing the landscape and making it accessible for retail investors to participate by owning NFTs, according to a statement.

After a private sale of music NFTs that generated almost US$1 million, BAND launched its own NFT sales platform on its website, creating the first music NFT-only platform this month. (US$1 = RM4.125)

The company opened up access to the first series of 3,000 BAND NFTs on its platform, staggering the release based on rarity. Its plan to keep the NFT count tight, much like other popular NFT projects such as CryptoPunks and Hashmasks.

The long-term intention is to have a maximum of 12,000 BAND NFTs across four different series to be released over the next 18 months.

BAND Royalty lets music lovers and fans take their music enjoyment to the next level by offering blockchain-secured BAND NFTs that enable holders to earn crypto from some of the world’s most popular songs.

More details at https://BandRoyalty.com.

-- BERNAMA


ALR TECHNOLOGIES INC. MOVES TO SINGAPORE

The Island Republic is a Major Research and Development Center for Global Healthcare Industries

SINGAPORE, June 2 (Bernama-GLOBE NEWSWIRE) -- ALR Technologies Inc. (“ALRT” or the “Company”) (OTC:QB - ALRT) announced today that it is taking steps to redomicile the Company to Singapore. As part of the process, the Company intends to affect a share exchange plan of merger under the laws of Nevada and Singapore in which shareholders will exchange their shares of the Company for shares in a Singapore entity, on a one-for-one basis, with the Singapore entity becoming the parent company. The transaction will be subject to shareholder approval and approval of the relevant corporate and securities regulatory authorities in both jurisdictions where required. The new parent company will be filing a registration statement with the United States Securities and Exchange Commission with respect to the new shares to be issued, and application will be made with the OTC Markets Group to trade its shares on the OTC:QB. Listing on exchanges in the southeast Asian region are being evaluated and considered. The Company expects the redomiciling to be completed in Q3 2021.

Sidney Chan, CEO of ALRT said,"While we remain committed to our U.S. initiatives, redomiciling to Singapore will put ALRT in the heartbeat of the global diabetes market. We will be better positioned to bring improved patient care at an affordable price in the 10 ASEAN (Association of Southeast Asian Nations) countries and China, and also India. Together these countries equate to more than 60% of worldwide diabetics."

Since October 2020, ALRT has intensified its efforts in ASEAN markets, including:
  • Partnering with Diabetes Singapore (a member of International Diabetes Federation) for outreach to both patients and healthcare professionals (such as those in Primary Care Network – a Singapore Ministry of Health’s initiative to provide holistic and multi-disciplinary care for chronic diseases);
     
  • Collaborating with Association of Muslim Professionals (AMP Singapore, a non-government organization) to better manage diabetes in the Singapore Muslim community;
     
  • Marketing to retirees in the Singapore Armed Forces and other senior citizen groups to promote awareness of and facilitate diabetes management;
     
  • Conducting a clinical trial with a leading Singapore hospital to build credential for ALRT’s Diabetes Solution, with encouraging preliminary results to date; and
     
  • Engaging with communities to expand telehealth management for patients to share updates on health status with those they authorize and choose to view the information, locally and globally.
Given the multi-cultural character of Singapore in diabetes management, ALRT has also started: 
  • Supporting Traditional Chinese Medicine (TCM) to complement existing therapies;
    and
  • Evaluating the efficacy in diabetes management of Ayurveda, a natural system of herbal medicine that originated in India more than 3,000 years ago.
These initiatives hold strategic significance because:
  • Whether at home and within their respective diaspora, TCM and Ayurveda are part of the Chinese and Indian social fabric to help manage chronic diseases.
     
  • China and India have over 200 million diabetes patients, representing more than 40% of the global diabetes population.
With the fight against diabetes being a national priority in Singapore, ALRT believes that opportunities exist for the Company to generate increased value for ALRT shareholders with fresh perspectives in telehealth management and to accelerate the Company’s planned international expansion for diabetes care.

About ALR Technologies Inc.
ALR Technologies is a medical device company that developed the ALRT Diabetes Solution, a comprehensive approach to diabetes care that includes: an FDA-cleared and HIPAA compliant diabetes management system that collects data directly from blood glucose meters and continuous glucose monitoring devices; a patent pending Predictive A1C algorithm to track treatment success between lab reports and an FDA-cleared Insulin Dosing Adjustment program. ALRT also offers an algorithm to provide prescribers support for timely non-insulin medication advancements. The overall goal is to optimize diabetes drug therapies to drive improved patient outcomes. The program adheres to established clinical practice guidelines and tracks performance of all clinical activities to ensure best practices are followed. The ALRT Diabetes Solution gives providers a platform for remote diabetes care, helping to minimize patient exposure to potential infections in clinical settings. Currently, the Company is focused on diabetes and will expand its services to cover other chronic diseases anchored on verifiable data. More information about ALR Technologies Inc. can be found at www.alrt.com.

Contact: Ken Robulak (U.S.): +1 (727) 736-3838, Anthony Ngai (Singapore): +65 3129 2924 email: info@alrt.com

This release contains certain "forward-looking statements" relating to ALR Technologies' business, and these statements reflect the current views of ALR Technologies with respect to future events and are subject to certain risks, uncertainties and assumptions. When used, the words "estimate", "expect", "anticipate", "believe" and similar expressions are intended to identify such forward-looking statements. There are many factors that could cause the actual results, performance or achievements of ALR Technologies and its products to be materially different from any future results, performances or achievements that may be expressed or implied by such forward-looking statements. Further management discussions of risks and uncertainties can be found in the Company's quarterly filings with the Securities Exchange Commission. 

Source: ALR Technologies

http://mrem.bernama.com/viewsm.php?idm=40184

BUILDING SUSTAINABLE FUTURE: HISENSE AND EMPLOYEES




QINGDAO, China, June 2 (Bernama-BUSINESS WIRE) -- Living under the new-normal, ESG has become one of the world's most trending topics. A positive impact on society and providing sustainable development opportunities for employees have gradually become the new criteria for companies to represent their growth. By putting talent first, Hisense strives to build a global team that includes people from different cultures and unique experiences, and to provide an equal and healthy working environment to drive its success. Together with over 90,000 employees around the world, Hisense is creating a sustainable future and exerting positive social influence constantly.

This press release features multimedia. View the full release here: 
https://www.businesswire.com/news/home/20210601005474/en/
 
Focusing on local talent cultivation and cultural inclusion

Hisense supports local communities to relieve their unemployment pressure and to reduce the indirectly related crime rate. Through its investment in industrial parks worldwide, Hisense creates more than 3,000 job positions in South Africa and over 2,000 in Mexico with an expectation to expand to over 7,000 in the future, which successfully helps the local region expand its economy and boost sustainable development.

Hisense provides equal employment opportunities regardless of race and gender with professional and systematic training when recruiting local employees. For example, Nicalette, a single mother, who joined Hisense South Africa in 2002, was promoted to After-sales Manager through her excellent work performance and rapidly growing ability. Hisense’s talent employment and cultivation system has increased her passion for work and also made her life improved, according to Nicalette.

Caring for employees' career development

To empower employees, Hisense has created the necessary conditions and space for them to maximize their potential and value. Hisense implements a flexible promotion mechanism, allowing employees to choose between career paths of “management” and “R&D” for further development, which ensures a smooth promotion channel for everyone.

Hisense College, the corporate university, aims to help employees achieve better career development. A comprehensive training structure and multiple internal training platforms (including offline lecture, website, APP, etc.) are in place to help employees learn and improve anytime, anywhere.

"What makes working here different from other companies is that Hisense always motivates its employees to accomplish career goals and gives them great supports, allowing them to grow with the company." said Robin Silberbauer, who joined Hisense South Africa in 2015.

Caring for employees' health and wellbeing

During the pandemic, Hisense spares no efforts to assure employees' and their families' health through distributing epidemic prevention materials and supporting working at home.

Hisense also joins hands with professional EAP (“Employee Assistance Program”) organizations to provide mental health care for employees and their families, so that each employee can easily obtain professional psychological counselling services, which efficiently help them improve mental health and take up challenges of work and life.

Hisense will focus on talent development in the long term and actively create an inclusive workplace environment to advance the sustainable development of local communities with its global workforce.

http://mrem.bernama.com/viewsm.php?idm=40189

Wednesday, June 2, 2021

PIKOM TECH FAIR RETURNS - BIGGER & BETTER, BACK WITH BARGAINS & BUSINESS OPPORTUNITIES



KUALA LUMPUR, June 1 (Bernama-BUSINESS WIRE) -- PIKOM is hosting the first-ever large-scale online technology exhibition in Malaysia this year. The PIKOM Tech Fair is an inclusive, consolidated digital platform comprising an ecommerce marketplace, exhibition space and B2B matching and meeting avenue.

This press release features multimedia. View the full release here: 
https://www.businesswire.com/news/home/20210531005207/en/
 
The PIKOM Tech Fair is an advanced digital interactive space that brings exhibitors, businesses and the tech community together in a single platform, overcoming the restrictions imposed by the ongoing Covid-19 pandemic. The online event showcases over 20,000 SKUs by tech exhibitors and is expected to draw more than 500,000 attendees. Pivoting from a physical venue to digital space means PIKOM members and businesses can connect virtually with customers and explore new opportunities.

“For some reason every year, many of our consumers keep telling us that PIKOM’s PC Fair should make a comeback. In one way, this inaugural PIKOM Tech Fair is our gift to our loyal PC Fair fans. With more than 20,000 products and services featured on a single platform, the experience will be above and beyond that of the old PC Fair days,” said PIKOM Chairman Danny Lee.

Powered by Fusionex’s AI and Big Data technologies, the platform will boost the impetus towards digital transformation. With embedded digital and performance-based marketing tools, live streaming features and data analytics capabilities, exhibitors will be able to seamlessly grow their businesses backed by meaningful data-driven insights to overcome business and operational roadblocks resulting from the current crisis.

Attendees who log on to the virtual event will be greeted by various digital facilities designed to enhance their virtual experience such as a digital directory to help with online navigation, virtual booths, interactive promotional campaigns and more. Also available are B2B functions for professionals looking to network with one another. From B2B matchmaking and virtual product showcases to quotation requests and bulk purchase options, businesses of all sizes have the chance of introducing new offerings in addition to showcasing their latest developments and innovations.

"The world has been forever changed by the Covid-19 pandemic. Businesses need to adapt swiftly in order to be sustainable and future-proof instead of relying on obsolete methods. Digital transformation, done carefully, is the answer. It not only removes physical barriers but is the driving force that encourages breakthrough innovations, revolutionizes business ecosystems, and promotes collaboration within and between organizations. PIKOM is the voice of the ICT industry and Fusionex is thrilled to be their technology partner as we share a common vision of enabling businesses to grow during these trying times, as well as elevating the nation’s economy to greater heights,” said Fusionex Group CEO Dato' Seri Ivan Teh.

About PIKOM

PIKOMTHE NATIONAL TECH ASSOCIATION OF MALAYSIA, is the association representing the technology industry in Malaysia. Its membership currently stands at more than 1,000 active companies involved in a whole spectrum of tech products and services, and which command 80% of the total TECH business in Malaysia.

There are 5 Chapters under PIKOM: OM; CIO; Cybersecurity; E-Commerce: Venture Investment. These chapters help improve and drive the business climate for all member companies, together with promoting industry growth in line with the Digital Malaysia roadmap / national aspirations.

As the Voice of the Tech Industry, PIKOM embraces the task of growing the size and capabilities of the tech industry in Malaysia by creating opportunities for its members as well as all Malaysians to capture the benefits offered by advances in technology by focusing on the following:
  • Spearhead, promote & encourage development of resources, professional skills and programs in Malaysia’s digital and technology industry.
  • Represent the local tech industry to the Government and private sector both local and overseas.
  • Provide a platform for tech players and users to meet, network, learn and share ideas in order to grow the industry and improved applications.
  • Foster high standards of conduct, service and performance throughout the tech industry.
  • Promote and market local tech services to the region and overseas.
For more information, contact Azlina Ishak, GM Corporate Affairs at azlina@pikom.org.my

About Fusionex

Fusionex is an established multi-award-winning data technology leader specializing in Analytics, Big Data Management, IR 4.0, Internet of Things, Machine Learning and Artificial Intelligence. Its state-of-the-art offerings are focused on helping clients unlock value and derive insights from data.

Featured on Forbes, Bloomberg, Gartner, IDC, Forrester, Edison, and Huffington Post, Fusionex is the largest Big Data Analytics company and market leader in ASEAN, bringing state-of-the-art, innovative, and breakthrough data-driven platforms to its stable of clientele (including Fortune 500, FTSE companies, large conglomerates, as well as a wide array of small and medium enterprises [SMEs]) that spans across the United States, Europe, as well as Asia Pacific. Fusionex is also a MDEC Global Acceleration and Innovation Network (GAIN) company as well as an MSC R&D MGS award recipient.

Gartner’s report on Modern Analytics and Business Intelligence shortlisted and commended Fusionex’s data technology platform. In addition, Fusionex has been identified as a Major Player in IDC’s MarketScape Report for Big Data & Analytics. Fusionex is the only ASEAN-based company to be featured in both reports, cementing its credentials in the data technology market for this region.

To learn more about Fusionex, visit www.fusionex-international.com.

http://mrem.bernama.com/viewsm.php?idm=40172

ZOOM UNVEILS FIRST QUARTER FISCAL YEAR 2022 FINANCIAL RESULTS

KUALA LUMPUR, June 2 (Bernama) -- Zoom Video Communications Inc recently announced financial results for the first fiscal quarter ended April 30.

“We kicked off the fiscal year with a very strong first quarter, posting 191 per cent total year-over-year revenue growth combined with strong profitability and cash flow,” said Zoom founder and chief executive officer, Eric S. Yuan in a statement.

“Our steadfast commitment to empowering customers to work and learn from anywhere with our expansive, innovative, and frictionless video communications platform continued to drive our results.

“We have also opened our technology portfolio to developers through our powerful video SDK and to businesses to expand their reach through Zoom Events,” he added.

Among highlighted, in First Quarter Fiscal Year 2022, total revenue was US$956.2 million, up 191 per cent year over year; GAAP income from operations for the first quarter was US$226.3 million, up from US$23.4 million in the first quarter of fiscal year 2021; and GAAP net income attributable to common stockholders for the first quarter was US$227.4 million, or US$0.74 per share, up from US$27.0 million, or US$0.09 per share in the first quarter of fiscal year 2021.

In addition, total cash, cash equivalents, and marketable securities, excluding restricted cash, as of April 30, was US$4.7 billion, while net cash provided by operating activities was US$533.3 million for the first quarter, compared to US$259.0 million in the first quarter of fiscal year 2021. (US$1 = RM4.125)

For Second Quarter Fiscal Year 2022, total revenue is expected to be between US$985.0 million and US$990.0 million and non-GAAP income from operations is expected to be between US$355.0 million and US$360.0 million.

Meanwhile, for Full Fiscal Year 2022, total revenue is expected to be between US$3.975 billion and US$3.990 billion. Non-GAAP income from operations is expected to be between US$1.425 billion and US$1.440 billion.

Founded in 2011, Zoom is headquartered in San Jose, California.

-- BERNAMA

Tuesday, June 1, 2021

CSOP HUATAI-PINEBRIDGE CSI PHOTOVOLTAIC INDUSTRY ETF ON HKEX




KUALA LUMPUR, May 31 (Bernama) -- CSOP Asset Management Limited (CSOP) has announced the listing of CSOP Huatai-Pinebridge CSI Photovoltaic Industry ETF (stock ticker: 3134.HK) on the Hong Kong Stock Exchange (HKEX). 

As the first pair of ETFs under the HKEX and the Shanghai Stock Exchange (SSE) ETF Cross-Listing Scheme, 3134.HK will track the performance of the CSI Photovoltaic Industry Index, before deduction of fees and expenses, by investing in the Huatai-Pinebridge CSI Photovoltaic Industry ETF listed on SSE via the QFI status.

With listing price at around HKD8 per share, trading lot of 100 and management fee of 0.99 per cent, CSOP Huatai-Pinebridge CSI Photovoltaic Industry ETF will start to trade on June 1. (HKD100 = RM53.2079)

According to a statement, upon inception, 3134.HK has received around RMB53 million initial investment. (RMB100 = RM64.9284)

On the same day, the feeder ETF investing in CSOP’s HKEX listed ETF - CSOP Hang Seng TECH Index ETF (stock ticker: 3033.HK) will also list on the SSE.

Weighted by free-float market capitalisation, the CSI Photovoltaic Industry Index comprehensively contains 50 most representative China A-shares companies, capturing the performance of the whole PV industry chain from upstream to downstream. 

Rebalanced semi-annually, the index invariably ensures the most representative PV-related stock inclusion. 

At the end of March 31, the index had a market cap of RMB1.568 trillion and a return of 100.84 per cent over the prior 12 months.

The launch of 3134.HK is one of the strokes CSOP has been making to draw the blueprint of human future.

-- BERNAMA

NIPPON EXPRESS BELGIUM LAUNCHES NEW SERVICE USING LIEGE AND OSTEND AIRPORTS

TOKYO, June 1, 2021 /Kyodo JBN-AsiaNet/ --

-Aimed at Strengthening Import/Export Gateway Functions in Europe-
 
Nippon Express (Belgium) NV/SA (hereinafter "NE Belgium"), a local subsidiary of Nippon Express Co., Ltd., has teamed up with Nippon Express Europe GmbH to launch a new service using Liege Airport and Ostend-Bruges International Airport to bolster import/export gateway functions in Europe.
 
Logo: https://kyodonewsprwire.jp/img/202105265409-O1-E2E7fjEN
 
Photo1: At Liege Airport
https://kyodonewsprwire.jp/prwfile/release/M103866/202105265409/_prw_PI5fl_iZG57Kd7.jpg
 
 
Photo2: Left: Steven Verhasselt, Vice President, Liege Airport SA.; right:
Tsuyoshi Ogihara, President, NE Belgium
https://kyodonewsprwire.jp/prwfile/release/M103866/202105265409/_prw_PI3fl_gUoGn65S.jpg
 
 
-Europe-Japan round-trip transport service between Liege and Narita airports
 
The coronavirus pandemic has led to a chronic scarcity of air cargo space. Liege Airport in eastern Belgium serves as one of Europe's dedicated cargo airports and currently offers regular and charter flights to and from China, North America, the Middle East and Africa. With no airline slot restrictions on departures and arrivals and with its geographically advantageous location near the German, Dutch and French borders, the airport has seen its handling volume expand in recent years to put it nearly on par with Europe's major gateway airports (Frankfurt, Amsterdam, Paris, and London). Helping enhance the airport's gateway functions for multiple transport modes is a freight railway station situated near the airport with connections to China-Europe railways as well as an intermodal (barge, road and rail) container terminal yard.
 
NE Belgium is the first Japanese forwarder to set up operations in the Liege area, and it has opened an office in the airport cargo zone to provide CFS functions. The company is now engaged in air cargo import/export operations using the round-trip charter transport service between Liege and Narita airports launched on April 16.
 
-Europe-U.S. round-trip charter service between Ostend and JFK airports
 
In response to rising demand for trans-Atlantic air cargo transport, a round-trip charter service between Ostend-Bruges International Airport in western Belgium and New York's John F. Kennedy International Airport was introduced on May 8. NE Belgium has signed a weekly charter agreement with Qatar Airways Cargo to utilize its B777-300 ER mini freighter for round-trip cargo services. All incidental services from departure to arrival are carried out by Nippon Express, which also provides collection/delivery in surrounding areas.
 
Photo3: Cargo being loaded on aircraft
https://kyodonewsprwire.jp/prwfile/release/M103866/202105265409/_prw_PI2fl_33u1yy5Q.jpg
 
 
Photo4: Cargo loaded aboard
https://kyodonewsprwire.jp/prwfile/release/M103866/202105265409/_prw_PI4im_L8nJZXmh.jpg
 
 
-Features of new services
 
Taking advantage of Belgium's strategic location at the heart of European logistics, cargo from not only Belgium but from neighboring countries such as the Netherlands and France as well can be loaded at this gateway. Nippon Express is able to reliably provide cargo space to customers despite the chronic shortages of cargo space brought about by the pandemic.
 
Nippon Express website: http://www.nipponexpress.com/
 
Official LinkedIn Account: NIPPON EXPRESS GROUP
https://www.linkedin.com/company/nippon-express-group/
 
 
Source: Nippon Express Co., Ltd. 

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