London takes aim at New York with five-year financial plan

LONDON (REUTERS) - Britain needs to ease taxes on banks and make it easier to hire staff from abroad, its financial and professional services lobby said in a blueprint to help London unseat New York as the world's top international financial centre within five years. The strategy paper on Tuesday (Sept 7) from TheCityUK reiterated some ideas already aired in government-backed reports and elsewhere in recent months as the City of London looks to recoup ground lost following Britain's departure from the European Union. "By some metrics, the UK is losing ground: London is currently slipping further behind New York each year while other centres are strengthening," the paper said. The United States financial capital overtook London in 2018 in a leading annual survey, it said, adding that New York dominated in stock market listings. "The UK therefore needs to adopt a relentless focus on strengthening its international competitiveness to win back the prize of being the world's leading international financial centre," TheCityUK lobby group, which promotes the wider financial sector abroad, paper added in the paper. Britain's departure from the European Union effectively closed London off f...

Goldman Sachs cuts US growth forecast amid Delta variant spread

WASHINGTON (BLOOMBERG) - Goldman Sachs Group economists revised down their forecast for growth in the United States economy this year, pointing to a "harder path" ahead for the American consumer than previously anticipated. Overall expansion this year is now seen at 5.7 per cent, economist Ronnie Walker wrote in a report to clients on Monday (Sept 6). That compares with an expectation of 6 per cent published at the end of last month. Mr Walker said the weaker growth will follow through into more of a pickup next year. Goldman raised its forecast for that year to 4.6 per cent, up from 4.5 per cent previously. Explaining the downgrade for this year, Mr Walker wrote that American consumers are likely to spend less amid the emergence of the Delta variant of the coronavirus, fading fiscal support and a switch from demand for goods to services. He added that supply-chain disruptions had hit inventory restocking too. "The hurdle for strong consumption growth going forward appears much higher: the Delta variant is already weighing on third-quarter growth, and fading fiscal stimulus and a slower service sector recovery will both be headwinds in the medium term," said Mr Walker. The bank als...

El Salvador president unveils 400 Bitcoin buy, price jumps

SAN SALVADOR(REUTERS, BLOOMBERG) -El Salvador holds 400 Bitcoins, President Nayib Bukele said on Monday (Sept 6), one day before the country formally adopts it as legal tender alongside the United States dollar. The currency has a market value of about US$20 million (S$26.8 million) at current prices. Bitcoin temporarily climbed above 1.49 per cent to more than US$52,680 on Monday evening, Refinitiv Eikon data showed, with a Reuters market analyst putting it on track for US$56,000-US$56,300. The country plans to buy “a lot more” of the coins, Mr Bukele said in a separate post, after buying the first batch of 200. El Salvador is due to legalise Bitcoin on Sept 7, a move that the popular Mr Bukele said will save Salvadorans living abroad millions of dollars in commissions on money they send home. But polls show Salvadorans are sceptical about using Bitcoin, wary of the volatility of the cryptocurrency that critics say could increase regulatory and financial risks for financial institutions. Enthusiasts and detractors alike will be monitoring the experiment to see if a significant number of people want to transact with Bitcoin when it circulates alongside the US dollar, and whether it...

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Bit2Me Raises 5 Million Euros as Phase One of ICO Sells Out in Under 60 Seconds

MADRID, Sep 7, 2021 - (ACN Newswire via SEAPRWire.com) - Bit2Me has closed the first phase of its ICO (Initial Coin Offering) in just 59 seconds, raising a figure of 5 million euros. This is the most successful token issue ever launched in Spain. The second phase will start on September 13 and the third phase on September 21.Record-Breaking ICOThe Spanish cryptocurrencies platform had already raised 2.5 million in a private round in early August. In total, it has achieved an investment of 7.5 million euros through its B2M token, which can be reserved from the official website After the success of the first phase, the company is preparing the second phase of the ICO, which will take place on September 13, with the greatest of guarantees. The third and final phase will start on September 21. It is possible to join the queue for both and schedule a purchase through a form available on the website.On September 6, Bit2Me issued a total of 500 million tokens. Another 500 million will be put into circulation in the second phase, while 250 million will be launched in the third phase. In total, Bit2Me will issue 1.25 billion tokens.Global AppealThe interest in the ICO was so great in the da...

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Key reasons why investors are turning to digital assets

In times of economic uncertainties, it is almost a no-brainer for investors to turn to safe-haven assets like gold. It may thus seem surprising that many institutional investors – including the likes of conservative pension funds and family offices in the United States and Europe – are turning to digital assets such as cryptocurrencies as new forms of investments. These seasoned investors view digital assets as an alternative to existing asset classes that will be increasingly attractive in the years ahead – in terms of the possible returns in the long run and their function as an immutable store of value. With the growing appetite for digital assets, many key jurisdictions have started to regulate digital assets trading. In Hong Kong, for instance, OSL became the city’s first digital asset exchange and brokerage licensed to trade cryptocurrency and security tokens. This ensures investors can trade with confidence under the protections and safeguards to which they are accustomed. Like Hong Kong, Singapore is well-positioned to be a future hub for this rapidly growing asset class, as it looks to regulate platforms that offer related products and services. Here are four reasons inves...

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Baanx Acquires Stake in Major US Fintech Bank

LONDON, Sep 6, 2021 - (ACN Newswire via SEAPRWire.com) - Baanx, the fast-growing B2B2C "Better than a Banking Platform" specialising in fintech services & lending, becomes the third-largest shareholder in the United States regulated Maxwell State Bank in a multi-million-dollar deal to enhance cybersecurity and banking access to communities throughout America.Maxwell State Bank is a fintech bank and VISA Principal Member established circa 1943 in Iowa. With total assets of $29,655,000 and deposits of $25,058,000 Maxwell has been FDIC certified since 1943 for insured deposits. Maxwell was acquired by serial fintech entrepreneur Ronald Ingram, founder of multi-billion dollar fintech programs and companies. He has ambitious plans to make this bank the most secure and future-proof bank in America by expanding their services. He plans to achieve this by working with fintech leaders in cybersecurity, cryptography, tokenization and private/public key infrastructure companies.Baanx has rapidly become a market leader in secure transaction payment systems, secured lending and banking services with a focus on fast growing verticals. Offering VISA & Mastercard programs through their pla...

How to earn passive income all year round?

New York, NY / SEAPRWire / September 5, 2021 /– One of the world’s most famous investing mantras is: “Sell in May and go away, come back on St. Leger’s Day.” It refers to the practice, long-held by summer-loving Europeans especially, of not investing during the summer months and instead taking a break until September (when the St. Leger’s Day race was once held in the UK). This is because – in traditional markets at least – the summer tends to be a quiet time for investors, with stocks as investors do indeed take some profits to spend on their vacations. This has been proven by a number of studies that have shown a slight market downturn during this period, including one by LPL Research that shows the “Sell in May” mantra holding true in 7 out of 10 years between 2010 and 2020. Aside from the potential profit to be had from taking a break from the markets in the summer, we all need a holiday. It’s important for even hardened cryptocurrency traders to down tools and recharge their batteries for a while. This doesn’t mean, however, that you have to put your portfolio totally on hold during this time. Instead, you can look for a way to earn passive income on your summer vacation. An e...

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中国创意与真相影业签订合作框架协议及可能合作之谅解备忘录

HONG KONG, Sep 6, 2021 - (亚太商讯 via SEAPRWire.com) - 中国创意控股有限公司(「中国创意」或「集团」;股份代号:8368)今天公布与真相影业(香港)有限公司(「真相影业」)订立了一份合作框架协议(「该框架协议」),就发行、营销策划及综合销售外国电影至中国内地展开长期合作。该框架协议有效期为五年,期限临近时如协议双方无异议,有效期自动续期一年,续期次数不限。与此同时,集团与真相影业就可能合作事项签订不具法律约束力的谅解备忘录,进行进一步尽职审查。集团及真相影业尚未落实或协议正式协议的条款及条件。双方拟通过影院、电视台及/或新媒体(视情况而定)合作在中国大陆发行六部外国进口电影。该六部电影剧情内容涵括现实、奇幻爱情、惊悚、犯罪 / 喜剧、电竞 / 青春及文艺。集团主要从事节目制作影视剧的前期创作、发行及相关服务、演唱会及活动筹办、移动直播及电商、及艺人经纪业务。集团在电影宣发方面具有丰富经验,长年为众多的国产、海外进口电影提供营销推广与活动服务。此包括大型的电影首映礼、高质量的电影演员海选节目制作、电影预告片、电影主创的访谈节目及幕后视频等。近年来,集团已将其节目制作业务扩展至发行连续剧播放权及投资电影及连续剧的前期制作。现时,集团主要把握影视产业链中的三个主要业务:即项目策划和剧本创作、制作和发行,以带来更多价值。 真相影业是一家于香港成立的有限公司,在中国内地和港台地区从事电影和电视节目的发行、开发和制作,拥有丰富资源。根据真相影业所述,其创始团队拥有超过20年的行业经验,曾深度合作伙伴包括索尼影业、派拉蒙影业、梦工厂动画、华纳兄弟电影、猫眼影业、阿里影业、腾讯影业、爱奇艺影业、中国电影集团公司及华夏电影发行有限责任公司等。参与电影包括《变形金刚 4:绝迹重生》、《碟中谍 5:神秘国度》、《007: 幽灵党》、《终结者 5:创世纪》、《愤怒的小鸟》、《极限特工:终极回归》、《极盗车神》、《比得兔》、《电力之战》、《与我跳舞》等。其创始人曾是《变形金刚4:绝迹重生》、《碟中谍 5:神秘国度》、《终结者:创世纪》、《海绵宝宝》和《比得兔》在中国的联合出品人。中国创意控股主席兼执行董事杨剑先生表示:「到目前为止,尽管2021 年仍然相当具有挑战性,但中国内地的电影院线票房仍然继续录得增长。我们预期与真相影业的资深行业团队合作将得到重大的协同效益。我们有信心是次合作将有助我们更深入在电影界的发展,让我们有机会使节目制作分部多元化,扩大我们在电影业的市场份额。我们期待与真相影业合作,为本集团带来更多可观的院线票房收益和版权交易收益。」根据国家电影局和艺恩(ENDATA)数据显示,2018至2020年中国电影票房分别为约人民币609亿、642亿及204亿。受疫情影响,进口片票房按年分别占总电影票房约38%、36%及16%(...

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Creative China Signs Cooperation Framework Agreement and MOU on Possible Cooperation with Truth Pictures

HONG KONG, Sep 6, 2021 - (ACN Newswire via SEAPRWire.com) - Creative China Holdings Limited ("Creative China" or the "Group"; stock code: 8368) announced today that the Group and Truth Pictures (Hong Kong) Limited ("Truth Pictures") have signed a cooperation framework agreement (the "Cooperation Framework Agreement") committing to cooperating on the distribution, broadcasting and marketing promotion planning of foreign movies in Mainland China. The Cooperation Framework Agreement sets out the basic principle for subsequent cooperation valid for five years then renewable for one year automatically and indefinitely, if at expiry no party disagrees.At the same time, the Group has also signed a non-legally binding Memorandum of Understanding ("MOU") on subsequent cooperation (the "Possible Cooperation"). It is subject to further due diligence, and the terms and conditions of the formal agreement. Truth Pictures and the Group propose to carry out a cooperation in distribution of six foreign imported films in Mainland China through cinemas, television station and/or the New Media (as the case may be). The plot of the six films includes reality, fantasy love, thriller, crime / comedy, e-s...

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日本大和证券将津上机床(中国)(1651.HK)母公司之评级上调至「优于大市」

HONG KONG, Sep 6, 2021 - (亚太商讯 via SEAPRWire.com) - 日本大和证券近日发出研究报告,将中国最大的外资数控高精密机床制造商 津上精密机床(中国)有限公司(「津上机床(中国)」,或「公司」,股份代号:1651)母公司之评级上调至「优于大市」,主要是看好津上机床(中国)在中国强大的业务基础及7月份的订单高于预期。于研报内,日本大和证券提到津上机床(中国)在中国安徽省的新工厂于2021年3月投产,使总产能增加逾15%,有助满足中国不断增长的需求,使其有能力为客户按时供应所需产品。公司于中小型自动车床市场上占有很高的份额(估计60-70%)。凭借其强大的形象,津上机床(中国)与当地很多供货商建立了密切关系,能确保有所需的零件、物料和劳动力以维持业务活动。目前,行业面对的采购困难并未对公司的生产带来重大影响。有见7月的订单高于预期,日本大和证券上调了津上机床(中国)母公司的收入预测, 21 财年的预测收入和营业利润分别为 1,005 亿日元(70.84亿港元)和 205 亿日元(14.45亿港元); 22 财年为1,070 亿日元(75.42 亿港元)和218 亿日元(15.37 亿港元),并认为订单将保持在高水平。于母公司日本津上2022财年第一季度业绩报告中显示,津上机床(中国)占母公司约70%的收入。津上机床(中国)自成立以来,一直致力于现代化「工业母机」机床的研发、生产和销售。现有产品为精密自动车床、精密刀塔车床、精密加工中心、精密磨床等各类高端精密数控机床。产品广泛应用在汽车零部件、智能手机和 5G 通讯设施、自动化、医疗器械和工程机械等行业。公司是津上集团在海外的最大的生产基地,产品除在中国大陆销售外,还出口日本、南韩、台湾、欧美等市场。有关津上精密机床(中国)有限公司集团为中国历史悠久的外资数控高精密机床制造商,主要从事一系列TSUGAMI品牌数控高精密机床的制造及销售,于2017年9月25日成功于香港联合交易所有限公司主板上市。其数控高精密机床可大致划分为四大产品类别,即精密车床、精密加工中心、精密磨床及精密滚丝机。集团为其客户提供按照标准化设计及规格制造的数控高精密机床,亦可提供机床解决方案,并就数控高精密机床作出各种规格及/或订制。根据弗若斯特沙利文资料,于2017年,集团以收入计在中国数控高精密机床行业位居第三,为中国最大的外资数控高精密机床制造商,在中国精密自动车床市场位居第一,所占市场份额约为49.8%。 Copyright 2021 亚太商讯. All rights reserved. (via SEAPRWire)

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Daiwa Securities Upgrades Rating of Parent Company of Precision Tsugami (1651.HK) to “Outperform”

HONG KONG, Sep 6, 2021 - (ACN Newswire via SEAPRWire.com) - Daiwa Securities, in its recently published research report, has upgraded the rating for the parent company of Precision Tsugami (China) Corporation Limited ("Precision Tsugami" or the "Company", stock code: 1651), which is the largest foreign-owned CNC high-precision machine tool manufacturer in the PRC . The "Outperform" rating was given to the firm as Daiwa Securities was particularly optimistic about Precision Tsugami's strong business foundation in the PRC, and the higher-than-expected number of orders received in July. In the report, Daiwa Securities noted that Precision Tsugami brought a new plant on stream in Anhui Province, the PRC, in March 2021, thus increasing total production capacity by just above 15%. The ability to supply the needed volume of products by the deadlines demanded by customers is particularly important in the PRC. The Group commands a lofty share of the local market for small- and mid-size sliding headstock automatic lathes (60-70% by its estimate). Leveraging its strong profile, the Company has established close relations with a number of local area suppliers and appears to be well positioned ...

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Showa Denko Announces the Issue Price, Selling Price, and Matters Relating to its New Shares

TOKYO, Sep 6, 2021 - (JCN Newswire via SEAPRWire.com) - Showa Denko K.K. (the "Company") hereby announces the issue price, selling price and certain other matters relating to the issuance of its new shares and the secondary offering of shares which its board of directors resolved on August 23, 2021, as set forth below.1. Issuance of new shares by way of public offering(1) Class and number of shares to be offered: 32,665,500 shares of common stock of the Company, the aggregate of (i) through (iii) described below:(i) 15,070,500 shares of common stock of the Company, issued for purchase by the Japanese Underwriters in the Japanese Public Offering;(ii) 15,529,500 shares of common stock of the Company, issued for purchase by the International Underwriters in the International Offering; and(iii) A maximum of 2,065,500 shares of common stock of the Company, additionally issued for purchase by the International Underwriters upon exercise of the option in the International Offering.(2) Issue price (offer price)[1]: 2,465 yen per share(3) Total amount of issue price[2]: 80,520,457,500 yen(4) Amount to be paid in[1]: 2,363.32 yen per share(5) Total amount to be paid in[2]: 77,199,029,460 yen...

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再添佳绩!荣获全国一等奖

HONG KONG, Sep 6, 2021 - (亚太商讯 via SEAPRWire.com) - “未来设计师”全国高校数字艺术设计大赛(NCDA)由工业和信息化部人才交流中心主办,未来设计师云与NACG数字艺术人才培养工程办公室承办,为艺术设计领域的高水平知名赛事,是大学生积极参与、具有广泛影响力的专业赛事之一,是大学生参与设计创新活动的重要平台。第九届全国高校数字艺术设计大赛全国赛结果出炉,我校艺术设计学院获得重大比赛突破,学院参赛作品《心若向阳》(数字影像与视频设计)在全国总决赛中获得本科组一等奖 。此新闻稿由博达浩华国际财经传讯公司代表辰林教育集团控股有限公司发布。如有垂询,请联络︰博达浩华国际财经传讯集团冯嘉莉小姐 +852 3150 6763 kelly.fung@pordahavas.com陆淼小姐 +(86) 21 3397 8878 ivy.lu@pordahavas.com刘媛小姐 +(86) 21 3397 8796 louise.liu@pordahavas.com杨冬梅小姐 +(86) 21 3397 8725 may.yang@pordahavas.com陈蒙小姐 +(86) 21 3397 8896 mona.chen@pordahavas.com王嘉盈小姐 +(852) 3150 6720 jessika.wong@pordahavas.com Copyright 2021 亚太商讯. All rights reserved. (via SEAPRWire)

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江西应用科技学院副校长刘光华应邀参加第九届国际矿物与博物馆大会

HONG KONG, Sep 6, 2021 - (亚太商讯 via SEAPRWire.com) - 第九届国际矿物学与博物馆大会于2021年8月24-26日在保加利亚(Bulgaria)首都索非亚(Sofia)召开。8月23日(保加利亚时间),刘光华与参会的各国代表前往保加利亚南部地区Plovdiv-Haskovp,先后考察参观了当地自然历史博物馆、古墓遗址博物馆等各类特色博物馆。随后前往一处火山岩出露地区进行工作调研,考察火山沉积岩中的矿物变化系统,该处火山岩上部遗存七千余年前的古城遗址(Perperikon)。消失的古城建在火山沉积岩山顶上面,十分壮观。此次大会,我校副校长刘光华入选。据悉,国际矿物学与博物馆大会是全球矿物学与博物馆界的国际盛会,相当于矿物学与博物馆界的奥运会,每四年举办一次。此新闻稿由博达浩华国际财经传讯公司代表辰林教育集团控股有限公司发布。如有垂询,请联络︰博达浩华国际财经传讯集团冯嘉莉小姐 +852 3150 6763 kelly.fung@pordahavas.com陆淼小姐 +(86) 21 3397 8878 ivy.lu@pordahavas.com刘媛小姐 +(86) 21 3397 8796 louise.liu@pordahavas.com杨冬梅小姐 +(86) 21 3397 8725 may.yang@pordahavas.com陈蒙小姐 +(86) 21 3397 8896 mona.chen@pordahavas.com王嘉盈小姐 +(852) 3150 6720 jessika.wong@pordahavas.com Copyright 2021 亚太商讯. All rights reserved. (via SEAPRWire)

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江西应用科技学院在全国高校数字艺术设计大赛中荣获一等奖

HONG KONG, Sep 6, 2021 - (亚太商讯 via SEAPRWire.com) - 近日,由工业和信息化部人才交流中心主办的第九届全国高校数字艺术设计大赛全国总决赛结果出炉,江西应用科技学院刘长万、伍雪老师指导,邵嘉伟、 邹文锋、 姚茗瀚 、赖慧娴、 陈炜五位同学创作的参赛作品《心若向阳》(数字影像与视频设计)在全国总决赛中获本科组一等奖。据悉,全国高校数字艺术设计大赛(未来设计师NCDA大赛)为艺术设计领域的高水平知名赛事,是大学生积极参与、具有广泛影响力的专业赛事之一,为大学生参与设计创新活动的重要平台。大赛秉承“设计为人民服务,培养未来设计师”的理念,坚持艺术与技术并重、学术与公益并重,引导大学生将专业知识服务于社会,提升大学生的设计创新与实践能力,拓展国际视野及团队协作精神,成为未来的主力设计师。大赛每年举办一届,已连续举办九届,参赛对象为在校师生,“学生组”及“教师组”均为中国高等教育学会发布的《全国普通高校学科竞赛排行榜》竞赛项目,绝大多数双一流大学及知名设计院校参赛,阵容强、层次高、区域广、梯队全。此新闻稿由博达浩华国际财经传讯公司代表辰林教育集团控股有限公司发布。如有垂询,请联络︰博达浩华国际财经传讯集团冯嘉莉小姐 +852 3150 6763 kelly.fung@pordahavas.com陆淼小姐 +(86) 21 3397 8878 ivy.lu@pordahavas.com刘媛小姐 +(86) 21 3397 8796 louise.liu@pordahavas.com杨冬梅小姐 +(86) 21 3397 8725 may.yang@pordahavas.com陈蒙小姐 +(86) 21 3397 8896 mona.chen@pordahavas.com王嘉盈小姐 +(852) 3150 6720 jessika.wong@pordahavas.com Copyright 2021 亚太商讯. All rights reserved. (via SEAPRWire)

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江西省首家用友新道数字财经产业学院落户江西应用科技学院

HONG KONG, Sep 6, 2021 - (亚太商讯 via SEAPRWire.com) - 用友集团副总裁崔淳、新道科技股份有限公司华东区总经理丁立波、校企合作总监王万德、江西区副总经理王文江。辰林教育集团董事局主席、江西应用科技学院董事长黄玉林,校长黄士安,常务副校长干甜出席签约仪式,学院、产教融合中心等相关负责人参加签约仪式。签约仪式由干甜主持。用友副总裁崔淳在会上表示,与学校共建的“用友新道数字财经产业学院”是江西省用友冠名的第一家产业学院。用友对此次合作高度重视,希望通过数字财经产业学院建设,搭建校企协同创新平台,全面深化产教融合,为学院实现人才培养社会化衔接提供强大助力。相信通过这种深度融合的校企合作模式能够创新人才培养模式,提升师资队伍建设水平,推动学院专业及课程设置与产业紧密结合,探索产教融合校企“双元”育人,促进教育链、人才链与产业链、创新链有机衔接,进一步提升学院专业质量和育人水平。用友将向学校提供各类智慧云服务、著作级的行业真实案例、产业与行业的专家资源,校企共同努力把用友新道数字财经产业学院建设成为学校乃至全省、全国的新高地。黄玉林在会上向与会嘉宾介绍了学校发展历程,同时他强调作为一所应用型人才培养高校,学生的培养质量和就业质量是检验学校办学成功与否的重要标准,能够携手行业龙头企业用友共同办学,依托用友深厚的产业资源以及新道科技十年的教育服务经验,相信在人才培养、师资赋能、科研课题、社会服务等多方面都能结出硕果。这对学校、对全体师生而言都是一件大事,一大幸事!学校有信心能将首家用友新道数字财经学院打造成特色鲜明、与产业联系紧密的优质产业学院。黄士安在会上致欢迎辞,他首先对用友崔淳副总裁一行出席签约仪式表示感谢。他希望,通过校企共建用友新道数位财经产业学院继续深化课程改革、强化产业基地建设、课程体系建设、教材与教学资源建设、师资队伍建设,校企联合共同培养出更多高素质的应用型、复合型和创新型的会计人才。仪式上,常务副校长干甜和新道科技股份有限公司华东区总经理丁立波作为校企双方代表签定了共建用友新道数字财经产业学院协议。据悉,校企共建的用友新道数字财经产业学院将以“产教融合,培养高质量财经数智化人才”为定位,凭借先进的实践育人理念,依托用友集团超650万企业客户最新应用实践,通过新道教育云平台,打造财经数智化人才培养体系。传统的以交易业务处理为主的核算财务正在向以共享财务、业务财务和战略财务管理为主的价值型财务转型。数字财经产业学院建设正是学校深化产教融合构建面向企业财务转型发展的有力抓手。依托数字财经产业学院建设,校企联合培养”云财务管理会计师“,学生将学习到当前财经领域最前沿的技术和课程,如财务大数据、RPA机器人、财务共享服务、财务数智化等。为社会培养在当前数字经济时代背景下的优秀财经人才。此新闻稿由博达浩华国际财经传讯公司...

16 weeks’ jail for woman caught not wearing mask at MBS and several places

SINGAPORE - A woman who failed to wear a mask on numerous occasions at public places, including the Marina Bay Sands (MBS) integrated resort, admitted to her offences in a district court on Monday (Sept 6) and was sentenced to 16 weeks in jail. Phoon Chiu Yoke, 54, who appeared via video link, was first charged last year after she failed to have a mask over her nose and mouth at Newton hawker centre between 7.20pm and 8pm on May 8, during the Covid-19 circuit breaker period. She left Singapore for Britain soon after and returned to Singapore on June 28 last year. The Singaporean then had to stay in a room at MBS under a 14-day stay-home notice. But she left the room between 8.07pm and 8.23pm on June 28. After that, Phoon loitered around various places in the hotel and was not wearing a mask when she did so. In May this year, she was captured on video not wearing a mask at MBS. She committed similar offences at other places, including outside the State Courts building, between Dec 2 last year and May 24 this year. Phoon was out on bail when she failed to wear a mask at the Mandarin Orchard Singapore hotel on June 25. A month later, she was charged over this incident. Her bail of $12...

Singapore’s unemployment rate up by 0.2% in July for first time in 10 months

SINGAPORE - For the first time in 10 months, Singapore's resident and citizen unemployment rates saw a slight increase in July, rising 0.2 per cent each, following tightened Covid-19 restrictions under phase two (heightened alert). Figures from the Ministry of Manpower showed that the resident unemployment rate, which covers Singapore citizens and permanent residents, rose from 3.5 to 3.7 per cent, while unemployment among Singapore citizens rose from 3.7 to 3.9 per cent. The overall unemployment rate in July was 2.8 per cent, up from 2.7 per cent in June. This likely reflected "a dip in demand for manpower in affected sectors such as food and beverage (F&B) and retail trade", wrote Manpower Minister Tan See Leng in a Facebook post on Monday (Sept 6). The phase two (heightened alert) period lasted from July 22 to Aug 18, when curbs were implemented to contain the then growing Covid-19 clusters linked to the Jurong Fishery Port. This resulted in measures such as the cessation of dining-in at all F&B establishments and the reduction in social gathering group sizes from a maximum of five people to two. Said Mr Tan: "We will continue to monitor the unemployment rates closely. The Singa...

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CEKD Berhad Launches Prospectus to Raise RM24.28 Million from IPO

KUALA LUMPUR, Sep 6, 2021 - (ACN Newswire via SEAPRWire.com) - CEKD BERHAD ("CEKD" or the "Group"), a die-cutting solutions provider as well as manufacturer of die-cutting moulds and trader of related consumables, tools and accessories enroute to a listing on the ACE Market of Bursa Malaysia Securities Berhad (Bursa Securities), is pleased to announce the launch of the Group's prospectus for the initial public offering (IPO).The Group aims to raise RM24.28 million from its upcoming listing. The IPO involves the public issue of 50.59 million new shares at the issue price of RM0.48 sen per share, to be made available for application in the following manner:Public issue:- 9.73 million new shares will be available for application to the Malaysian public;- 9.73 million new shares will be allocated for application by eligible directors, employees and persons who have contributed to the success of the Group;- 6.81 million new shares by way of private placement to selected investors; and- 24.32 million shares by way of private placement to Bumiputera investors approved by the Ministry of International Trade and Industry (MITI).The Utilisation of Proceeds table as below: https://www.acnnews...

Shareandstocks.com Provides Clients with News and Data to Help Make Informed Investments

Singapore - Shareandstocks.com, a digital stock market news outlet, launches premium aggregate finance news from major sources. They have a team of professionals in the field who are experts at collecting information and articles from various sources around the world. The company is made up of a team of Individuals with a wide-ranging and in-depth understanding of the stock market events in US, Hong Kong, Singapore, China, Malaysia as well as other countries around the world. They are equipped with proving clients with the best possible experience, thanks to their incredible manpower, supported by cutting-edge computer systems. The company's main aim is to build a community of investors. Investors needs a wide array of information to help them to make wise investment decisions and timely news is of paramount importance. They are also constantly working hard to include more investor friendly features. What shareandstocks.com offers here is tons of business and economic news that can keep viewers informed of what is going on in the markets. And to be successful and have better information, viewers want instant news about stock trading from various sources. That's where...