Petraco Appoints Alberto Salsiccia As Chief Financial Officer

indie 26 11 月

3 minutes

LUGANO, CH, Nov 26, 2020 - (ACN Newswire) - The Petraco Group has appointed a new Chief Financial Officer, Mr. Alberto Salsiccia. He will take on his predecessor's position with a desire to maintain the Group's strong presence in commodities trading as well as the company's commitment to meet global energy demand while promoting a sustainable and low carbon future. Prior to joining Petraco, Alberto Salsiccia served as a consultant for PwC Milan and EY Zurich in the areas of Banking and Capital Markets. A spokesperson for Petraco stated "We are thrilled with Alberto's appointment. He is incredibly well-prepared to lead the financial aspects of our business and will undoubtedly bring enthusiasm and passion to his role". Many commodity trading houses, like the Petraco Group, have well-established financial departments which maintain relationships with financial stakeholders. The nature of the physical trading business means a good rapport with banks is important.Highlighting the company's open door, collaborative and collegiate culture, Alberto said "Petraco is an incredibly friendly workplace, and I am thrilled to be heading their highly capable financial department. We are currently...

JCN Newswire

Mazda Included in Dow Jones Sustainability Asia Pacific Index for Fourth Year Running

ruth 26 11 月

2 minutes

HIROSHIMA, Japan, Nov 26, 2020 - (JCN Newswire) - Mazda Motor Corporation has been included in the Dow Jones Sustainability Indices' Asia Pacific Index for the fourth year running.The Dow Jones Sustainability Indices are among the longest-running1 ESG investment indices2 in the world. Corporations are assessed annually in the areas of environmental initiatives, social contribution, human resource development, corporate governance, and compliance, and only those with outstanding sustainability performance in their industry are included.Mazda was selected on the basis of a survey questionnaire and a comprehensive review of the company's Sustainability Report, Annual Report, and an official website that highly evaluated Mazda's CSR initiatives and information disclosure practices. Mazda was one of 82 Japanese companies and three automotive companies chosen from among approximately 600 major corporations assessed for inclusion in the DJSI Asia Pacific Index this year.Mazda will continue to prioritize CSR in all initiatives and contribute to the development of a sustainable society. The company aims to build a special bond with customers and envisions a world in which cars exist in harm...

ACN Newswire

CBG Successfully Been Added As A Constituent Stock of MSCI Hong Kong Micro Cap Index

indie 26 11 月

3 minutes

HONG KONG, Nov 26, 2020 - (ACN Newswire) - China Brilliant Global Limited ("CBG" or "Company", and together with its subsidiaries, the "Group"; HKEx Stock Code: 8026.HK) is pleased to announce that CBG has been added as a constituent stock of Morgan Stanley Capital International ("MSCI") Hong Kong Micro Cap Index, effective as of the market close of 30 November 2020.MSCI is a provider of global equity indices and benchmark related products and services to investors worldwide. The MSCI Hong Kong Micro Cap Index is one of the most widely used equity benchmarks among institutional investors. It covers companies with good operational results and potential. Assessments are based on key factors namely, minimum market capitalization, free float and liquidity.The Management of CBG believe that being added as a constituent stock of MSCI Hong Kong Micro Cap Index has demonstrated the capital market's confidence on CBG's future development and prospects. It is also a testimony of the Group's great efforts on its strategic business restructure and diversifying its business for sustainable development. In fact, CBG is always striving to seek more business opportunities to promote its long-term ...

ACN Newswire

Sincere Group Announces Stronger Sales and Average Prices for Chengdu Residential Project

indie 26 11 月

4 minutes

SINGAPORE, Nov 26, 2020 - (ACN Newswire) - Sincere Property Group, one of China's top 100 developers, announced today strong sales and higher average selling prices (ASPs) for the Phase 3 launch of its prestigious residential project in Chengdu, Sichuan Province, reflecting improving homebuyer sentiment as the country continues to recover from the COVID-19 pandemic.First-day Phase 3 sales of TianFengHe Mansion on 10 November 2020 reached RMB 150 million. Of the 762 total units of the project, 540 units have been launched, of which 430 units or close to 80% were sold leading up to 25 November 2020.Based on the latest confirmed sales, units sold in November had an ASP of RMB 13,700 per square meter (sqm), 8.7% higher than RMB 12,599 per sqm for units sold in March 2020 when buyer sentiment was at its lowest. The project in Sichuan's capital city was first launched in December 2019. It has an estimated saleable gross floor area (GFA) of residential units of 360,000 sqm, and total sales value of up to RMB 4.6 billion.The Company said: "We are highly encouraged by the sales of our Chengdu project. It underscores the brand recognition of our projects across China. Based on official data,...

ACN Newswire

Seoul Global Challenge 2021, looking for global innovators who will solve the particulate matters in subways of Seoul

indie 26 11 月

3 minutes

- Total prize money of 690 million KRW - Seoul, the capital city of South Korea, which has proven itself to be a medical giant through the COVID-19 pandemic, has launched a global urban problem-solving project - Seoul is openly recruiting innovative technologies and ideas for 'reduction of particulate matters and improvement of air quality in subways' from innovators around the world Seoul, Korea - Seoul Metropolitan Government and the Seoul Business Agency (SBA, CEO Jang Young-seung), an institution that supports small and medium-sized companies in Seoul, are looking for global innovators to solve the particulate matters in subways of Seoul. Seoul Metropolitan Government has chosen 'Reduction of Particulate Matters and Improvement of Air Quality in Subways,' an issue that requires urgent attention, as the topic for the Seoul Global Challenge 2021. About 7.2 million people use the Seoul subway system every day, but the subways face challenges with air quality control. Seoul Metropolitan Government hopes that innovative technologies and research from Korea and the wider world will help solve this problem. Innovators of any nationality with technology and ideas related to reducing pa...

SeaPRwire

Temasek Foundation returns with third mask distribution exercise from Nov 30

aseanpr 26 11 月

3 minutes

SINGAPORE - Temasek Foundation will launch its third nationwide reusable mask distribution exercise from Nov 30 to Dec 13, said the foundation in a statement on Thursday (Nov 26). All Singapore residents who have a government-issued ID can collect one free mask kit each - containing two black masks and three filters - from 10am onwards at around 1,200 vending machines around the island. They can be found at over 800 locations including bus interchanges, community centres, resident committee centres, Temasek Shophouse and Plaza Singapura. The mask comes in four sizes of small, medium, large and extra large. The small size is intended for children aged eight and below. It can be collected only at community centres, Plaza Singapura and Temasek Shophouse. Full-sized mask sizing guides, that can be cut out, will be published in The Straits Times on Saturday, Dec 5 and Dec 12. Temasek chief executive and executive director Ho Ching had announced the distribution of these "breathable antimicrobial 3D masks" from local company Proshield in a Facebook post on Nov 19. The mask comprises three layers: an outer anti-bacterial layer to repel water droplets, a filter liner and an inner layer to ...

ACN Newswire

ATF Online+ Announces Full Event Line-up

indie 26 11 月

7 minutes

Mornings with Industry Leaders: Adam Lewinson, Dr Michael Gryseels, Archana Anand, Jon Penn, Jimin Fang, Priya Dogra and Jacques du Puy (L-R) Singapore - Nov 26, 2020 - (ACN Newswire) - Asia TV Forum & Market (ATF) 2020 returns in less than a week with a jam-packed schedule tailored for the online audience. Charging forward into 2021 and into the realm of content connectivity, commerce and beyond, the programme line-up will see industry leaders discuss and provide insights on a range of topics from digital transformation to partnership announcements and an exclusive look at how China's Film & TV Industry has developed in 2020 with a 2021 forecast. Leading the line-up are key Asian brands at the forefront of digital innovation and adoption. Dr Michael Gryseels, President of True Digital Group from Thailand and Archana Anand, Chief Business Officer of Zee5 will expound on the significance of sustainable models and investments in the digital economy while industry heavyweights such as WarnerMedia Entertainment Networks who are also doubling down on digital transformation efforts will be sharing strategies for manoeuvring the challenges in the year ahead. At the forefront of pa...

ACN Newswire

ATF Online+ Announces Full Event Line-up

indie 26 11 月

7 minutes

SINGAPORE, Nov 26, 2020 - (ACN Newswire) - Asia TV Forum & Market (ATF) 2020 returns in less than a week with a jam-packed schedule tailored for the online audience.Mornings with Industry Leaders: Adam Lewinson, Dr Michael Gryseels, Archana Anand, Jon Penn, Jimin Fang, Priya Dogra and Jacques du Puy (L-R)Charging forward into 2021 and into the realm of content connectivity, commerce and beyond, the programme line-up will see industry leaders discuss and provide insights on a range of topics from digital transformation to partnership announcements and an exclusive look at how China's Film & TV Industry has developed in 2020 with a 2021 forecast.Leading the line-up are key Asian brands at the forefront of digital innovation and adoption. Dr Michael Gryseels, President of True Digital Group from Thailand and Archana Anand, Chief Business Officer of Zee5 will expound on the significance of sustainable models and investments in the digital economy while industry heavyweights such as WarnerMedia Entertainment Networks who are also doubling down on digital transformation efforts will be sharing strategies for manoeuvring the challenges in the year ahead.At the forefront of partner...

SeaPRwire

Ex-police NSF accused of insulting female colleague’s modesty in police unit bathroom

aseanpr 26 11 月

2 minutes

SINGAPORE - A full-time national serviceman (NSF) with the Singapore Police Force allegedly insulted a female colleague's modesty while at a police unit last year. Jonathan Chua Wei Cong, now 23, is claiming trial to one count each of criminal trespass and insulting a woman's modesty. The alleged victim cannot be named due to a gag order. Chua, who has since completed his national service, allegedly committed the offences at around 5pm on March 12 last year. On the first day of his trial on Thursday (Nov 26), the court heard that Chua allegedly entered a toilet for women at the headquarters before placing his mobile phone at the top of a cubicle door. A female colleague was in the shower at that point. Deputy Public Prosecutor Tan Zhi Hao told District Judge Brenda Tan that when the alleged victim saw the top half of the device pointing at her, she shouted. The perpetrator fled before she could catch a glimpse of him, but the woman told her superiors about the incident and a lockdown was ordered. Officers then inspected the phones belonging to more than 10 personnel present at the time, the court heard. The woman gave her in-camera testimony in court on Thursday. This means the hea...

JCN Newswire

MHI to Invest in Green Hydrogen & Green Ammonia in South Australia

ruth 26 11 月

4 minutes

TOKYO, Nov 26, 2020 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) has agreed to make a capital investment in H2U Investments, the holding entity of the H2U Group. The H2U Group includes The Hydrogen Utility (H2U), the leading Australian developer of green hydrogen and green ammonia projects using power derived from renewable energy sources. The agreement also includes MHI's support for H2U's projects and business development initiatives, including supporting the Front-End Engineering and Design (FEED) study for H2U's Eyre Peninsula GatewayTM project in South Australia.South Australia has a rich endowment of wind and solar resources, and is now the leading economy, globally, in the integration of variable renewable energy into its electricity generation mix. By leveraging abundant renewable energy resources in the region to produce green hydrogen and green ammonia as part of the State's carbon-free energy solutions, the initiatives will help decarbonize mineral processing and agricultural industries in the region, and lay the foundation to export locally produced green hydrogen and green ammonia to Japan and other destinations to help drive industrial decarbonization on...

SeaPRwire

Six members of 12-person gathering on Lazarus Island fined $3,000 each for flouting safe distancing measures

aseanpr 26 11 月

3 minutes

SINGAPORE - Six people have been fined $3,000 each for taking part in an unlawful gathering on Lazarus Island amid the Covid-19 outbreak on Aug 8. They were part of a 12-person gathering on the island that violated Covid-19 regulations, which prohibited social gatherings of more than five people who do not stay in the same place of residence. Natalie Joanna Sarkies, 29; Zoe Louise Cronk, 30; Jeff Richard Alexander, 32; Lowri Mair Jeffs, 31; Richard Henri Lagesse, 31, and William Edwin Dunford, 32, had each pleaded guilty to an offence under the Covid-19 (Temporary Measures) Act. Sarkies is Singaporean while the rest are British. Alexander, Jeffs and Dunford were represented by Mr Shafiuddin Ong from Emerald Law, while Sarkies, Cronk and Lagesse were unrepresented. According to court documents, the group of 12 took a ferry from mainland Singapore to St John’s Island at 11am on Aug 8. Once there, the group walked to the beach along Lazarus Island, which is connected by a man-made causeway to St John’s Island. They then engaged in various leisure activities, before taking a ferry from St John’s Island back to mainland Singapore at around 6pm. The court heard that Sarkies posted photog...

SeaPRwire

Brawijaya University develops the GAD65 Rapid Test Diabetes Screening Kit

pandora 26 11 月

2 minutes

Malang, East Java, Indonesia, Nov 25, 2020 - (ACN Newswire) - Brawijaya University (UB) in Malang, East Java has developed an initial screening kit for diabetes. The Bioscience Rapid Test GAD65, developed by aresearch team led by Prof. Dr. Aulanni'am, drh, DES, is ready for commercialization and use in early screening for Type I Diabetes Mellitus, before measures and treatment are determined.The reverse-flow immunochromatography-based detection kit identifies the presence of autoantibodies against GAD65, which indicate damage to beta-pancreatic cells, a marker for Type 1 Diabetes Mellitus and Latent Autoimmune Diabetes in Adults (LADA).Diabetes is a global health threat which can lead to complications that impact the quality of human life as well as substantially add to health costs for families and countries. Its increasing prevalence has raised concerns globally and prompted prevention efforts. Detecting and managing the condition through appropriate therapy is crucial for preventing deterioration in the condition of people suffering from the metabolic disease.The Bioscience Rapid Test GAD65 is among the downstream products developed as part of the cooperation between Brawijaya U...

SeaPRwire

4 years’ jail for woman who poured hot water on boyfriend’s groin, causing third-degree burns

aseanpr 26 11 月

3 minutes

SINGAPORE - A woman who poured hot water on her boyfriend's groin, thinking he was cheating on her, was sentenced on Thursday (Nov 26) to four years' jail. Zareena Begum P. A. M. Basheer Ahamed, 50, was found guilty by District Judge Brenda Tan of voluntarily causing grievous hurt after a trial which ended on Sept 28. The man was hospitalised for 26 days and unable to work for about six months as a result of the incident, which occurred while he was asleep. He suffered second- and third-degree burn injuries over 12 per cent of his body. In submissions at the end of the trial, Deputy Public Prosecutor Ng Jun Chong said the two became a couple in 2006 but over the course of their relationship, broke up several times while accusing each other of cheating. On Jan 12, 2017, Zareena saw her boyfriend at the HarbourFront Centre ferry terminal with a woman, someone Zareena suspected had been having an affair with her boyfriend since 2015. In the wee hours of July 5 that year, Zareena took her boyfriend's mobile phone from his bag as he slept in her living room. The DPP said she grew furious when she saw messages from the other woman to her boyfriend. "She wanted to teach him a lesson for l...

ACN Newswire

The Hong Kong Institute of Directors Announces Winners of Directors Of The Year Awards 2020

indie 26 11 月

4 minutes

HONG KONG, Nov 26, 2020 - (ACN Newswire) - The Hong Kong Institute of Directors ("HKIoD") has announced the winners of Directors Of The Year Awards ("DYA") 2020, which is a project that reaches the milestone of 20th Anniversary. This year, it is themed "Vanguard in Challenging Times".Dr Christopher To, Chairman of HKIoD, said, "Hong Kong is facing a complex situation that has never been seen before. Unanticipated political developments combined with an unprecedented epidemic and rapid digitisation have made it difficult for the commercial sectors to plan and implement development strategies. Amid such challenging conditions, the foresight and governance capability of business leaders have never been more important. They have to respond quickly to protect the interests of stakeholders, while adhering to corporate principles. Through the Awards, we hope to recognise outstanding directors for their insightfulness, as well as to inspire and encourage corporations to demonstrate outstanding corporate governance. Together, we can overcome any difficulty."Mr Kenneth Wong, Chairman of 2020 Directors Awards Organising Committee, said, "In the past, it took years to determine whether a busin...

ACN Newswire

Moonstake Collaboration Webinar: “What communities expect from a future of DeFi”

indie 26 11 月

3 minutes

SINGAPORE, Nov 26, 2020 - (ACN Newswire) - Moonstake will hold a joint webinar with Blocklime and Aavegochi, "What communities expect from a future of DeFi" on 26th of Nov, 2020. It will be held from 20:00 Singapore/Malaysia time.DeFi is one of the hottest topics in the crypto & blockchain space and the market highly recognizes the innovative value of DeFi blockchain.Harpreet from Blocklime is part of the largest ASEAN Crypto community & also assists in the DeFi Singapore community. He also helped organise Southeast Asia DeFi Week 1 & 2. Blocklime helped develop DeFi products for client needs and he had developed and deployed multiple projects for clients. Aavegotchi are DeFi-staked crypto collectibles for communities to discover, train and compete with. They introduce the world to playable NFTs, backed by digital value.This webinar is a valuable opportunity to hear the opinions of experts about DeFi so please come and join us.About this Webinar:TOPIC: "What communities expect from a future of DeFi"DATE & TIME: 26th of Nov, 8PM in Singapore Malaysia time (GMT+8)SPEAKERS: - Shogo Ishida, Advisor of Moonstake - Harpreet Maan, CEO of Blocklime technologies Sdn. Bhd.- J...

SeaPRwire

Public service report card: Incomes of Singaporeans rise and inequality falls, but growth hit by Covid-19

aseanpr 26 11 月

6 minutes

SINGAPORE - Even as Singapore wrestles with the fallout from Covid-19, the Government has managed to boost incomes and reduce wealth inequality, while making sure necessities such as housing and healthcare remain affordable. Singapore also continues to be business-friendly and internationally competitive. These are among the key achievements of the public service up till 2019 in most cases, according to a new report released by the Ministry of Finance (MOF) on Thursday (Nov 26). The Singapore Public Sector Outcomes Review (Spor), a stock-take of the sector's work that is unveiled every two years, rounds up key figures in such areas as the economy and social support. But unlike past editions, this year's review has a special section in recognition of the whole-of-nation effort to fight the coronavirus pandemic. Titled "Emerging Stronger as One", it highlights how Singaporeans, businesses and the community have stepped forward to partner the Government to help those in need. Here are four key takeaways from the report: 1. Lower income inequality, more work opportunities For the first time in five years, 2019 shows Singapore's Gini coefficient - a measure of income inequality - dippin...

ACN Newswire

Brawijaya University develops GAD65 Rapid Test Diabetes Screening Kit

indie 26 11 月

2 minutes

SeaPRwire

US economic suffering may rise without stimulus: Fed minutes

elean 26 11 月

3 minutes

WASHINGTON (AFP) - Officials at the Federal Reserve feared the US economy was on a course for renewed pain without Congress approving more stimulus to help its recovery from the pandemic, according to minutes of the central bank's latest policy meeting released on Wednesday (Nov 25). Members of the Federal Open Market Committee (FOMC) also considered future changes in its strategy of buying Treasury assets and mortgage-backed securities, the minutes from the Nov 4-5 meeting said. US central bankers including Fed chair Jerome Powell have been gently prodding Washington lawmakers for more stimulus spending to help dig the US economy out of the deep hole the coronavirus pandemic pushed it into. But with Democrats and Republicans in Washington deadlocked over such a measure, FOMC staff said the lack of stimulus would cause "significant hardships for a number of households," according to the meeting minutes. Congress's passage earlier in the year of the US$2.2 trillion (S$2.9 trillion) Cares Act rescue package helped Americans build up their savings during the worst of the downturn, which FOMC members said may see households through. "The savings cushion accumulated by other households ...

SeaPRwire

Qantas offers fast-track to higher status to frequent flyers of rival airlines

elean 26 11 月

2 minutes

SYDNEY (REUTERS) - Qantas Airways said on Thursday (Nov 26) it will offer top-tier members of rival frequent flyer programmes a fast-track to higher status as its main domestic rival, Virgin Australia, pursues a less premium strategy under its new owner. The move could help boost Qantas' market share in lucrative corporate and high-end leisure travel as domestic flights ramp up in Australia due to the reopening of state borders. "With so much uncertainty in the market, we've seen a spike in requests from people wanting us to match their status with other airlines," Qantas Loyalty CEO Olivia Wirth said in a statement. "If they are willing to bring their travel across to Qantas, we will fast track them to Gold status." Qantas Gold status includes access to its large network of airport lounges, priority check-in and boarding and preferential seating. By early December, Qantas expects 30 of its 35 domestic airport lounges will be open, whereas Virgin last week said it would maintain only six domestic lounges as part of its shift to becoming a more value-focused mid-market airline. Qantas also includes free Wi-Fi on its domestic flights, while Virgin is reviewing the future of its Wi-Fi...

SeaPRwire

China fintech giants scramble to rethink IPOs, raise capital

elean 26 11 月

5 minutes

BEIJING (BLOOMBERG) - Jack Ma's vision of the future of finance in China is being upended by regulators, along with the ambitions of conglomerates that followed his lead. Mr Ma's Ant Group is in talks with regulators about injecting capital into its micro-lending units just weeks after its US$35 billion (S$46.9 billion) initial public offering was halted in a sector-wide crackdown. The listing plans of e-commerce billionaire Richard Liu's JD Digits Technology Holding have also been thrown into limbo. Lufax Holding had to renegotiate terms with some shareholders after its recent IPO valued China's largest listed online lender at less than a previous funding round. The details come from people familiar with the discussions, who asked not to be identified speaking on private matters. It's all part of the rapidly shifting landscape for China's fintech leaders, which till recently offered the most compelling evidence of technology giants using their might - and a light regulatory touch - to rewire traditional financial services. They are now rushing to shore up capital, mulling business overhauls and bracing for more turbulence as industry watchdogs set their sights on areas spanning le...

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