Toa Payoh hawker centre closed after stall assistant who allegedly visited KTV tests positive for Covid-19

aseanpr 15 7 月

4 minutes

SINGAPORE - The hawker centre at Block 75 Lorong 5 Toa Payoh underwent deep cleaning on Thursday (July 15) morning after a stall assistant who allegedly visited a KTV lounge over the weekend tested positive for Covid-19. A crew of six people wearing personal protective equipment spent about an hour spraying disinfectant and wiping down the tables and chairs at the 36-stall hawker centre managed by NTUC Foodfare. Notices put up around the hawker centre said it would be closed until further notice, with deep cleaning and disinfection to be carried out on Thursday and Friday. Stallholders told The Straits Times that they were notified about the positive case at about 3pm on Wednesday. They were given three hours to pack up and were told to quarantine themselves for 14 days. Swab testers visited the homes of some of the stallholders on Thursday morning to test them for Covid-19. Mr Tan Boon Chuan, 50, secretary of the hawker centre's stallholder association, runs a dessert stall there with his wife. "It was very sudden and the whole hawker centre was a mess. Everyone was anxiously packing up," he told ST in Mandarin. He said he had to throw away all of the ingredients he had prepared f...

SeaPRwire

Recent death of 16-year-old boy not linked to Covid-19 vaccine, says MOH

aseanpr 15 7 月

2 minutes

SINGAPORE - The recent death of a 16-year-old boy was not linked to vaccination, the Ministry of Health clarified in a Facebook post on Wednesday (July 14). It added that it was aware of "speculation in Facebook, Telegram and WhatsApp chat groups" featuring an obituary that led to the conjecture that the teenager had died from a "vaccine-related severe adverse event". That is why there was a need to clarify that the boy's demise referenced in these posts and messages were not vaccine-related, MOH added. MOH had said on July 7 that it is investigating the possible causes behind a 16-year-old boy suffering cardiac arrest after a strenuous session of weightlifting, with the Covid-19 vaccine being a possible factor. The Straits Times has contacted MOH to clarify if these are separate incidents. "We urge the public not to spread unsubstantiated information which may add to the family's grief or cause public alarm unnecessarily," MOH said in its Facebook post. More on this topic Related Story Swimming, cycling, lifting heavy weights should be avoided after Covid-19 jabs: MOH Related Story 4 young men in S'pore had heart inflammation after Covid-19 jabs Related Stories: Related Story Dine...

ACN Newswire

Adlai Nortye Raises $100 Million in Series D Financing, Co-led by SDIC Fund Management and Tigermed, participated by Legend Star, WuXi Biologics Healthcare Ventures

indie 15 7 月

6 minutes

NEW JERSEY and HANGZHOU, CHINA, Jul 15, 2021 - (ACN Newswire via SEAPRWire.com) - Adlai Nortye Ltd. (hereinafter referred to as "Adlai Nortye"), a global biopharmaceutical company focused on developing innovative oncology drugs, today announced the completion of $100 million Series D financing round. Co-led by SDIC Fund Management and Tigermed, this round of financing is participated by Legend Star, Wuxi Biologicals Healthcare Ventures, Triwise Capital, Qingdao Mukui, Guolian Industrial Investment, Tian Ge Interactive, etc. Proceeds from the financing will be used to accelerate the development of ongoing clinical and preclinical programs, expand drug portfolio through in-house R&D capability, in-licensing, mergers and acquisitions and other strategic collaborations. "We intend to develop differentiated and innovative oncology drugs globally to address the unmet medical needs and aspire to transform the deadly cancer into a chronic and eventually a curable disease," said Carsten Lu, President and CEO of Adlai Nortye. "This round of financing represents an important milestone for Adlai Nortye, and we are honored to continue gaining support from our prestigious new and existing in...

ACN Newswire

通才教育的长期投资价值：低估值+未来高成长

tallulah 15 7 月

1 minute

HONG KONG, Jul 15, 2021 - (亚太商讯 via SEAPRWire.com) - 自2017年以来，港股市场迎来民办教育企业上市潮。在这一波上市潮中，要数民办高教股最吸引市场眼球。在当前港股教育板块38间教育股中，有近20间企业属于高教股。我国高等教育行业具有政策大力扶持、市场集中度低、成长确定性强及现金流稳定等优势，这也是民办高教股在资本市场中受资金青睐的原因。今年以来，已有5家民办教育企业向港交所递交了招股书，其中包括明日登陆港股市场的通才教育(02175.HK)。低估值下的长期价值股通才教育已于6月30日-7月8日期间完成招股，拟发行1.25亿股股份，最终以招股价范围中下游的3.69港元定价，集资约4.09亿港元。值得注意的是，通才教育此次3.69港元的招股价，已接近原计划的中下限定价。这表明通才教育对自身的估值相对保守，也意味着企业愿意为投资者预留较大的获利空间。以3.69元的招股价格计算，通才教育的市值约为18.5亿港元，对应2020财年1.43亿元(人民币，下同)的溢利，市盈率约为10.8倍，远低于当前Wind港股教育板块33.97倍的市盈率，同时也低于整体高教股上市首日24.7倍的市盈率平均水平。通才教育未来的资本市场表现，或可从其他高教股的历史走势作借鉴。上图所示，根据Wind数据统计，港股中18间民办高教股上市至今股价平均较发行价上涨20%，且平均涨幅在上市一年半后明显提升。回到通才教育，作为区域性稳定增长的高教股，通才教育上市时约10.8倍的估值，仅约港股高教板块上市首日24.7倍平均估值的4成。考虑到《民促法》等政策的大力支持、高等教育市场增长空间可观，以及公司未来“内生增长+外延式并购”双轮驱动发展趋势等多重利好因素，优秀的基本面将有助于通才教育的估值在未来持续提升。所以，通才教育是令市场期待的长期价值股。“内生增长+外延并购”打造未来区域龙头通才教育的来头不小，旗下山西工商学院是山西省第一所民办本科学院，且是市占率第一的民办高教品牌。这意味着，通才教育是港股唯一的山西高教股属稀缺性标的。通才教育的基本面稳健，盈利能力突出。2018-2020财年，公司营收分别达到2.67亿元、2.66亿元和2.71亿元，每学年总招生人数分别达16278人、16616人、17233人。因山西工商学院具有较长的教学历史，其教学质量和品牌实力不断进阶。2019年，学院初次就业率约为90.8%，位居山西民办高校第一，远高于同期全国高等教育毕业生78.2%的平均初次就业率。2020财年，通才教育的毛利率和净利率分别高达60.5%及52.7%，远远领先其他可比公司，彰显出公司强劲的盈利能力，高定价能力、教学质量优异则是其综合实力的根本所在。山西工商学院升格为本科学院至今已有10年，10年的砥砺前行，是通才教育能在当前方兴未艾的民办高等教育...

ACN Newswire

南澳大利亚州州长为亚太地区临床试验设立了价值 150 万美元的疫苗和免疫生物学一流实验室

tallulah 15 7 月

1 minute

ADELAIDE, AUS, Jul 15, 2021 - (亚太商讯 via SEAPRWire.com) - 澳大利亚最大、技术最先进的临床试验监管生物分析实验室 Agilex Biolabs 今天宣布，南澳大利亚州州长史蒂文·马歇尔(Steven Marshall)议员阁下已启动其耗资 150 万美元的新疫苗和免疫生物学实验室。该设施是亚太地区最先进的设施，将吸引来自世界各地的生物技术和制药公司进行高级临床研究。南澳大利亚州州长为亚太地区临床试验设立了价值 150 万美元的疫苗和免疫生物学一流实验室在过去的两年里，Agilex Biolabs 在 Adelaide的亚太总部投资了超过 350 万美元的技术和系统。南澳大利亚州州长史蒂文·马歇尔 (Steven Marshall) 今天启动了新设施，感谢 Agilex Biolabs 在该州投资并在这一重要领域创造就业机会。“南澳大利亚是澳大利亚最宜居的城市，在世界排名第三，这样的投资将继续以此为基础，”马歇尔州长说。“这个新设施无疑使南澳大利亚在高科技临床研究的全球版图上站稳了脚跟。”“我们已经看到疫苗和免疫生物学在应对 COVID-19 大流行方面取得了重大进展，现在 Agilex Biolabs 最先进的设施提供了最新的技术，以支持这些新的和新兴的靶向疗法的进一步开发感染、癌症和遗传病。”与州长一起参加发布会的贸易和投资部长斯蒂芬帕特森(Stephen Patterson )表示，州政府制定了一项雄心勃勃的计划，以增加南澳卫生和医疗行业对州经济的贡献。 “作为政府，我们正在与行业合作，到 2030 年将 HMI 对南非的经济贡献从 23 亿美元增加到 50 亿美元。“南澳大利亚州对商业开放，处于世界领先的能力、生物技术区和学术研究生态系统的最前沿，使其成为投资和开展业务的理想场所。”Agilex Biolabs 首席执行官 Jason Valentine 表示，新实验室专注于新兴的治疗领域，包括 RNA 疫苗、siRNA/miRNA 临床目标和基因治疗研究。“这个新设施为 RNA、siRNA 和 miRNA 临床试验增加了数字液滴定量 RT-PCR 分析，包括疫苗和基因治疗试验，”他说。“我们还安装了用于疫苗研究的 EliSPOT/FluoroSPOT 多点阅读器，以便推断召回免疫反应，结合我们最先进的 BD FACSymphony 5 激光、20 色流式细胞仪，为免疫学提供无与伦比的灵敏度和疫苗试验。”这个Agilex Biolabs 设施增加了最近扩展的小分子/新型化学实体实验室和最新 6500+ Sciex LC/MS/MS 平台的实施，以实现该地区最高灵敏度测定的开发和验证，以进行监管生物分析。实验室将在未来几个月内竣工，国际客户已经预订，以获得先进的技术和卓越的科学成果。这家生物实验室...

ACN Newswire

Sapo selects Fundiin as their Interest-Free Buy-Now-Pay-Later Partner

indie 15 7 月

4 minutes

Vietnam, Jul 15, 2021 - (ACN Newswire via SEAPRWire.com) - Fundiin, the leading Buy Now, Pay Later (BNPL) service provider in Vietnam, has announced a strategic partnership with Sapo, a leading omnichannel commerce platform in Vietnam, to integrate a BNPL solution at checkout for over 100,000 merchant clients on the Sapo platform. Retail customers will have a smart and easy payment option which splits purchase amounts into three monthly installments at zero cost. Fundiin's BNPL solution can increase a retailer's sales by 30% without the need of a credit card or an application download.Vietnam has one of the fastest growing internet economies in Southeast Asia, with a growth rate of 36 percent in 2020 (Statista). Fundiin is backed by international venture capital investors, such as 1982 Ventures.The Vietnam retail sector was valued at USD 170 billion in 2020, and it is projected to register a CAGR of more than 10% from 2021 to2026. E-commerce is set to play a larger role in the economy and projected to grow at 29% CAGR through year 2025 (Google, Temasek and Bain, e-Conomy SEA 2020).Despite the COVID-19 crisis, Vietnam has managed GDP growth of nearly three percent. Ongoing urbanizat...

ACN Newswire

First Ever NFT Exhibition in Australia Organized by Local NFT Marketplace – NFT STARS

indie 15 7 月

4 minutes

SYDNEY, Jul 15, 2021 - (ACN Newswire via SEAPRWire.com) - The Australian NFT marketplace NFT STARS made its debut on the NFT stage in early July 2021 and is rapidly conquering the market with its celebrity auctions, having already sold artwork for a handsomely high sum of 229 ETH. Now, the marketplace aims to close the gap between traditional and digital art and is organizing the first-ever NFT art exhibition and conference in Australia - SIDUS. The event will be held in Melbourne on 7th-13th August at the contemporary gallery SpACE @ Collins.NFT STARS is a new NFT marketplace that was launched in July 2021. The new platform set the bar high with a series of successful celebrity drops from the very beginning. NFT STARS debuted with the auction of the 'Exploration'. The drop was followed by the auction of the artwork 'Singularity' by an anonymous artist. 'Singularity' was sold for 229 ETH. NFT STARS presents many new artists who have already made a name for themselves in the traditional art industry.NFT STARS is pursuing the ambitious goal of shifting the market focus from NFT speculation to art appreciation and introducing more people to the unique world of NFT. To appeal to an aud...

JCN Newswire

Woven Planet Holdings, a Subsidiary of Toyota, to Acquire CARMERA

ruth 15 7 月

5 minutes

TOKYO, Jul 15, 2021 - (JCN Newswire via SEAPRWire.com) - Woven Planet Holdings, Inc. ("Woven Planet"), a subsidiary of Toyota Motor Corporation, announced the acquisition of CARMERA, Inc. ("CARMERA"), a U.S.-based spatial AI company, which specializes in bringing next-generation road intelligence to automated mobility at scale. This is the second major deal for Woven Planet in North America, following the April 2021 announcement to acquire Level 5, the self-driving division of Lyft.Once the deal is closed, the CARMERA team will report into the Automated Mapping Platform ("AMP") organization of Woven Alpha, Inc. ("Woven Alpha"). Woven Alpha focuses on exploring new strategic areas for business expansion and incubates several innovative projects such as Woven City and Arene, which is Woven Planet's open software platform. AMP is a connected crowdsourced software platform that supports the creation, development and distribution of high definition ("HD") maps--a key enabler for smart and safe automated mobility.The Woven Alpha team plans to develop AMP to become the most globally comprehensive road and lane network HD map platform, enabling high-precision localization support to automa...

JCN Newswire

Fujitsu Transforms Nuerburgring Racetrack Safety with Artificial Intelligence

ruth 15 7 月

4 minutes

MUNICH, Jul 14, 2021 - (JCN Newswire via SEAPRWire.com) - In the future, the Nuerburgring circuit could benefit from advanced artificial intelligence-supported safety features thanks to Fujitsu. A complex deployment of HD cameras, real-time AI analysis and instant alert systems mean that both RaceControl and drivers can be immediately notified of incidents on this challenging racetrack section - nicknamed the - green hell by Formula One driver Sir Jackie Stewart.The iconic Nordschleife (North Loop) is the most famous of the Nuerburgring's two racetracks. The 20.8-kilometer track features a total of 73 turns, including blind corners, drops and significant elevation changes - and is consequently considered by many to be one of the most challenging in the world. Historically, in the event of an incident, such as a vehicle leaving the track, race marshals relied on radio and communication with the marshals on the track to relay the information back to RaceControl and make decisions. In contrast to the Grand Prix circuit, the Nordschleife has not yet been equipped with cameras and is therefore out of sight from RaceControl. This meant it was often difficult to assess and react to issues...

SeaPRwire

Facebook plans to pay creators $1.35 billion to use its products

elean 15 7 月

3 minutes

NEW YORK (NYTIMES) - Facebook is setting up a programme to pay US$1 billion (S$1.35 billion) to creators through the end of 2022, Mark Zuckerberg, Facebook's chief executive officer, said on Wednesday (July 14), part of an effort to woo influencers onto its platforms. The US$1 billion will be allocated among creators of all types, giving influencers an incentive for creating and posting original content to Facebook, the social network said. Influencers will be able to earn money by using specific Facebook and Instagram features or by hitting certain milestones. If creators livestream on a regular basis, for instance, they can earn cash. In the past year, an arms race has emerged among tech companies seeking to court online content creators who can generate enormous engagement and bring their young fans and cultural relevance to a platform. TikTok and YouTube have cultivated deep relationships in the creator community by helping creators make money and by building features to serve their needs. Under Facebook's new programme, which is invitation-only for now, eligible creators will see alerts encouraging them to join the effort when they open the app. Facebook said it planned to cre...

SeaPRwire

Hong Kong’s booming IPO market poised for lift from China curbs

elean 15 7 月

4 minutes

HONG KONG (BLOOMBERG) - The tailwinds lifting the Hong Kong bourse's prospects are blowing from east and west: China is applying heavy scrutiny on overseas listings as well as its homegrown exchanges, sending companies to consider going public in the Asian financial hub. Logistics and delivery firm Lalamove is the latest weighing moving its US initial public offering plan to Hong Kong, following Beijing's pledge to tighten cybersecurity oversight that could block start-ups from holding first-time share sales outside the country. China's stricter screening for its Nasdaq-style Star board has also prompted companies such as Neusoft Medical Systems to switch to Hong Kong. "The bulk of offshore listings are still happening in Hong Kong, so there might be a trigger for more listings," said David Chin, head of investment banking for Asia Pacific at UBS Group. The prospect of capturing rerouted activity helped make Hong Kong Exchanges & Clearing the world's top-performing major bourse this month. The stock has gained nearly 10 per cent in July to beat 11 of its peers with a market value of US$10 billion (S$13.5 billion) and above, according to data compiled by Bloomberg. It isn't just Chi...

SeaPRwire

Netflix plans to offer video games in push beyond films, TV

elean 15 7 月

4 minutes

LOS ANGELES (BLOOMBERG) - Netflix, marking its first big move beyond TV shows and films, is planning an expansion into video games and has hired a former Electronic Arts and Facebook executive to lead the effort. Mr Mike Verdu will join Netflix as vice-president of game development, reporting to chief operating officer Greg Peters, the company said on Wednesday (July 14). Mr Verdu was previously Facebook's vice-president in charge of working with developers to bring games and other content to Oculus virtual-reality headsets. The idea is to offer video games on Netflix's streaming platform within the next year, according to a source familiar with the situation. The games will appear alongside current fare as a new programming genre - similar to what Netflix did with documentaries or stand-up specials. The company does not currently plan to charge extra for the content, said the source, who asked not to be identified because the deliberations are private. Netflix shares gained as much as 3.3 per cent to US$566 in late trading after Bloomberg reported the news. The stock had been up 1.3 per cent this year through Wednesday's close. Netflix has been seeking ways to keep growing, especi...

SeaPRwire

Oil slides 2% on oversupply fears after Opec+ wrangles an agreement

elean 15 7 月

3 minutes

NEW YORK (REUTERS) - Oil prices dropped more than 2 per cent on Wednesday (July 14) after major global oil producers came to a compromise about supply and after United States data showed demand slacked off a bit in the most recent week. Crude prices have surged to highs not seen in nearly three years, but have been choppy lately on worries about a pickup in supply. Brent crude settled down US$1.73 a barrel, or 2.26 per cent, at US$74.76 a barrel. West Texas Intermediate was off by US$2.12, or 2.82 per cent, at US$73.13 a barrel. Brent crude's premium to West Texas Intermediate futures widened to the most since July 6, according to Refinitiv Eikon data. The US benchmark fell more preciptously due to demand concerns. Oil initially dropped after Reuters reported Saudi Arabia and the United Arab Emirates reached a compromise that should unlock an Opec+ deal to boost global oil supplies as the world recovers from the coronavirus pandemic. The benchmarks fell more after US government data showed implied gasoline demand declining considerably last week. While the US Energy Information Administration said crude stockpiles declined more than expected, in their eighth consecutive draw, the d...

JCN Newswire

NEC’s artificial intelligence (AI) supports doctors to determine if colorectal lesions are potentially neoplastic

ruth 14 7 月

4 minutes

TOKYO, Jul 14, 2021 - (JCN Newswire via SEAPRWire.com) - NEC Corporation (NEC; TSE: 6701) announced today the development of an AI technology for supporting doctors in determining if colorectal lesions are neoplastic or non-neoplastic. NEC developed a new technology, called "Cx20," while seeking to assist in the early detection of colorectal lesions. Cx20 has already met the requirements for CE marking, a European safety, health and environmental protection standard, and will be integrated in the medical device AI diagnostic support software "WISE VISION Endoscopy" (1), with sales expected to start in Europe later this year.The Cx20 function supports the identification of disease. During examinations, suspected lesions are automatically detected through video taken by endoscope devices. Doctors then extract still images (left) and analysis results are soon displayed (right)This software connects and interacts with existing endoscopic equipment and automatically notifies users if a lesion is possibly neoplastic based on images captured during endoscopy procedures. The software then becomes an extra tool immediately available to assist endoscopists in the differentiation of lesions a...

ACN Newswire

Huatai Securities’ Asset Management Unit Joins UN-Supported Principles for Responsible Investment

indie 14 7 月

3 minutes

SHANGHAI, CHINA, Jul 14, 2021 - (ACN Newswire via SEAPRWire.com) - Huatai Securities Co., Ltd. (601688.CH; 6886.HK; HTSC.LI) today announced that its wholly-owned subsidiary, Huatai Securities (Shanghai) Asset Management Co., Ltd. ('HTSCAM' or 'the Company') has become a signatory of the United Nations-supported Principles for Responsible Investment (UNPRI).As a signatory, HTSCAM is committed to integrating the UNPRI's investment principles - which incorporate environmental, social and governance (ESG) factors - into investment decision making and ownership practices to provide better services for investors.UNPRI's six principles for responsible investment:-- We will incorporate ESG issues into investment analysis and decision-making processes-- We will be active owners and incorporate ESG issues into our ownership policies and practices-- We will seek appropriate disclosure on ESG issues by the entities in which we invest-- We will promote acceptance and implementation of the Principles within the investment industry-- We will work together to enhance our effectiveness in implementing the principles-- We will each report on our activities and progress towards implementing the prin...

ACN Newswire

华泰证券旗下资产管理子公司加入联合国责任投资原则组织

tallulah 14 7 月

1 minute

SHANGHAI, Jul 14, 2021 - (亚太商讯 via SEAPRWire.com) - 华泰证券股份有限公司（股份代号：6886.HK）宣布，旗下全资子公司华泰证券（上海）资产管理有限公司（「华泰证券资管」）已正式加入联合国责任投资原则组织（UNPRI）。UNPRI由联合国前秘书长安南于2006年牵头发起，旨在帮助投资者理解环境（Environmental）、社会（Social）和公司治理（Governance）等要素（简称「ESG」）对投资价值的影响。此次正式加入UNPRI后，华泰证券资管成为中国加入该组织资管规模最大的券商资管子公司，将承诺遵循UNPRI的原则，继续践行责任投资的理念，为广大投资者提供更优质的服务。根据UNPRI官网《中国市场的ESG与Alpha》报告，UNPRI六大原则包括：-- 将ESG问题纳入投资分析和决策过程-- 成为积极的所有者，将ESG问题纳所有政策和实践-- 寻求被投资实体对ESG相关问题进行合理披露-- 推动投资业广泛采纳并贯彻落实负责任投资原则-- 齐心协力提高负责任投资原则的实施效果-- 报告负责任投资原则的实施情况和进展近年来，华泰证券资管积极践行财富管理业务和机构业务「双轮驱动」战略，截至2020年底管理规模近6,000亿元人民币，保持着业内领先的投资管理能力和投资业绩。华泰证券资管在经营发展与业务层面深入ESG理念，推出多项绿色ABS项目，其中大多为行业首创，涉及固体废弃物处理、新能源、碳中和等领域，匹配社会责任投资特性，为实体企业高效提供了大量、长期、稳定的资金支持，并积极发行疫情防控ABS用于疫情地区的工程设备租赁，为疫情防控所需的工程设备租赁提供了高效、低成本的金融支持。华泰证券资管将在UNPRI六项责任投资原则指导下构建ESG投研框架、开展ESG与投资体系的整合，在投、融资两端双向赋能责任投资，创新ESG产品和绿色资管产品，以期更全面地管理投资风险，发掘对环境和社会能产生长期积极影响的投资机会，增强可持续的长期投资回报，助力资本向善。关于华泰证券华泰证券股份有限公司（「华泰证券」或「公司」）是一家领先的科技驱动型综合证券集团。自1991年成立以来，华泰证券积极把握中国资本市场改革开放的历史机遇，在业内率先以金融科技助力转型，用全业务链服务体系为个人和机构客户提供专业、多元的证券金融服务，综合实力和品牌影响力位居国内证券业第一方阵，步入国际化发展的全新阶段。如需了解更多讯息，请浏览 www.htsc.com。媒体垂询，请联络: 哲基杰讯廖志强 Benny Liu 电话：+86 10 6567 5056裴琳 Linda Pui 电话：+852 3103 0118电邮：HTSC@citigatedewerogerson.com Copyright 2021 亚太商讯. All rights re...

ACN Newswire

Legend Capital continues to be optimistic about technological innovation, with great opportunities in tech investment

indie 14 7 月

3 minutes

HONG KONG, Jul 14, 2021 - (ACN Newswire via SEAPRWire.com) - On July 8-9, 2021, Richard Li, the President of Legend Capital, attended the 10th Private Equity Investment Summit Forum held by Noah Holdings and delivered a speech on the topic of technological innovation, sharing his views on information technology, biotechnology and new energy, as well as the long-term prospects.Major technological innovations and breakthroughs are taking place in vertical markets in the era of technology. In addition, the 14th Five-Year Plan and the Long-Range Objectives Through the Year 2035 pointed out that it is necessary to improve the national innovation system to strengthen scientific and technological capabilities. Driven by favorable national policies, technology investment has great potentials. As an investment institution, Legend Capital will continue to focus on technological innovation in the next two decades.Richard Li, the President of Legend Capital, said: "From my point of view, the development, breakthroughs and aggregation of new technologies in different vertical fields are jointly promoting the rapid development of various industries. In addition, policy support has increased, and...

JCN Newswire

Honda Reaches 15 Million-unit Mark in Cumulative Power Products Production in China

ruth 14 7 月

3 minutes

TOKYO, Jul 14, 2021 - (JCN Newswire via SEAPRWire.com) - Honda today announced that the company has reached the 15 million-unit mark in cumulative power products production in China.Ever since it started local production of power products in China in 2002, Honda has been offering a variety of power products which support the daily lives of a wide range of customers. Centering around core general-purpose engine technologies, Honda's power products lineup includes products that serve as the "power" to help people in their daily lives, such as lawnmowers and tillers, as well as products that create energy, such as generators. In 2011, in order to offer products which are rooted in the daily lives of Chinese customers and accurately reflect their needs, Honda established a local R&D Center at its local subsidiary, Jialing-Honda Motors Co., Ltd. [currently Honda Power Products (China) Co., Ltd.], through which Honda has been introducing various locally-developed power products for the agricultural equipment market in China, including trimmers and tillers. A broad range of China-made Honda power products is currently being exported to more than 100 countries and helping customers in ...

ACN Newswire

Shrinath Bolloju, Managing Director, CitiBank, India Joins KGiSL

indie 14 7 月

5 minutes

India/Singapore, July 14, 2021: KG Information Systems Private Limited (KGiSL), a global IT Products, Solutions, and Services provider, today announced the appointment of three banking leaders with impeccable leadership and track record, to support its growth and strategic vision. These senior finance professionals, with considerable expertise and a wealth of global banking experience, will significantly help in driving this critical phase of KGiSL's growth strategy of reaching INR 1000 crore turnover in the next three years.Shrinath Bolloju joins KGiSL as Chief Strategy Officer, Ramesh Nagesh as Chief Operating Officer, and Noor Hayati Ahmad as Senior Vice President & Country Head, KGiSL Singapore.Welcoming the three banking stalwarts, Dr. Ashok Bakthavathsalam, Managing Director, KGiSL said, "The addition of these three well-established, seasoned leaders to the existing vibrant leadership of KGiSL supports our vision and strategy to become a strong player in the BFSI segment, especially in the banking domain. Their experience will help the accelerated growth plan we have, for the next 3 years."Commenting on the new additions to the leadership team, Prassadh Shanmugam, Directo...

JCN Newswire

Honda Issues “Honda Sustainability Report 2021”

ruth 14 7 月

2 minutes

TOKYO, Jul 14, 2021 - (JCN Newswire via SEAPRWire.com) - Honda Motor Co., Ltd. today issued the "Honda Sustainability Report 2021" outlining Honda's approach to sustainability as well as initiatives Honda has undertaken based on key challenges identified.The Sustainability Report summarizes Honda's corporate activities including: 1) The direction of Honda's initiatives under the new management structure and the determination of top management regarding its new environmental and safety goals, and 2) the linkages between Honda's key initiatives to fulfill its 2030 Vision and the Company's contributions towards the achievement of the United Nations' Sustainable Development Goals (SDGs). Throughout 2020, the COVID-19 pandemic has forced us to stay at home, keep social distancing and deal with shortages in health products and medical equipment. However, Honda associates from across the world worked as one team to maintain close ties with local communities through Honda products, technologies and manpower. This report also highlights Honda's major activities undertaken under the world-wide pandemic.This report is in accordance with Global Reporting Initiative ("GRI")'s "Comprehensive" op...

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