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Hong Kong Trade Development Council Chairman Dr Peter KN Lam confident in Hong Kong’s business environment

HONG KONG, Jul 20, 2021 - (ACN Newswire via SEAPRWire.com) - The Hong Kong Trade Development Council (HKTDC) noticed recent discussions on Hong Kong's business environment. Dr Peter KN Lam, Chairman of the HKTDC, said that most companies operating in Hong Kong remain confident in the city's business landscape.Dr. Lam said, "Based on my interaction with Hong Kong's international business community, they are excited about the vast opportunities arising from the Guangdong-Hong Kong-Macao Greater Bay Area development, and see Hong Kong as the ideal entry point.""As a global business hub, Hong Kong's fundamental strengths remain robust. The city continues to be a place which is easy to do business, has a rich pool of international talent, and enjoys economic freedom, a low level of corruption and free flow of capital, goods, people and information. I believe global investors and the business community are confident in Hong Kong's continued role as a two-way investment and business platform," Dr. Lam added.Given Asia's strong growth potential as well as opportunities arising from the Mainland's 14th Five-Year Plan, dual circulation policy and development of the Greater Bay Area, the HKTD...

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SCCG Adds Lucas Mondelo to its Brazil Business Development Team

US, Jul 20, 2021 - (ACN Newswire via SEAPRWire.com) - Stephen Crystal, Founder of SCCG Management, announced today that they had added Lucas Mondelo to their Brazil business development team in response to developing gaming opportunities.Stephen Crystal, SCCG Founder, said, "The proposition of a pathway to expanded regulated gambling in Brazil is of tremendous interest to the global gaming market. We are thrilled to be to partner with Lucas Mondelo in preparation for the opportunity to serve this fantastic market!"About Lucas MondeloLucas Mondelo is an International Gambling Investment Consultant based in Brazil. Citizen of Brazil and Italy, fluent in English, Portuguese, Italian and Spanish, he has been at all sides of the gambling industry since 2008: Professional Gambler, both independent and syndicated, Latam Director and Brazil Country Manager of Several Bookmakers and Casinos, and most recently, Content Writer, Editor and Investor at Affiliate Marketing Projects Within the Gambling Industry.About SCCGSCCG Management is a consultancy that specializes in sports betting, iGaming talent acquisition, sports marketing, affiliate marketing, technology, intellectual property protecti...

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Business as usual at S’pore’s wet markets, but seafood in short supply

SINGAPORE - Fishmongers at several wet markets around the island were closed but it was business as usual at meat and vegetable stalls as residents largely stuck to their regular Sunday grocery run. Crowds at Yuhua Village Market, for instance, formed long but orderly lines and observed social distancing when The Straits Times visited. Stallholder Mariati Rahim, 44, who sells halal beef, lamb and poultry, said business was brisk at her wet market stall. "This is because of Hari Raya Haji, and we are the only halal stall open now in this wet market," she said. The Muslim festival of Hari Raya Haji is on Tuesday, which is also a public holiday. Other stallholders, like the one selling pork and run by a lady who wanted to be known only as Madam Goh, said crowds were slightly better than they were on Saturday (June 17) likely because fishmongers there are all closed today, and people are less worried. However, Madam Goh, 69, said she is worried that someone in the wet market and food centre will test positive, and she would have to close. "If business is affected further, we just have to put up the white flag," she said. A 63-year-old sundry shop owner, who wanted to be known only as M...

Japan’s factory mood in July hits highest since late 2018

TOKYO (REUTERS) - Japanese manufacturers' business confidence rose in July to hit a more than two-and-a-half-year high, as the country's export-driven recovery remained intact thanks to solid global demand, the Reuters Tankan poll showed. But in a worrying sign, service-sector sentiment turned pessimistic, as firms struggled with the fallout from the coronavirus crisis, according to the poll, which tracks the Bank of Japan's (BOJ) closely watched tankan quarterly survey. "The global economy is showing signs of recovery from the impact of the coronavirus pandemic," a manager at a machinery maker wrote in the poll. "But the outlook remains uncertain, as our customers are putting off business spending decisions because their budgets are on a declining trend." The Reuters Tankan sentiment index for manufacturers rose to 25 from 22 in June, its highest since November 2018, the poll conducted June 30-July 9 showed. The service index fell to minus 3 from a flat reading the prior month. The Reuters Tankan index readings are calculated by subtracting the percentage of respondents who say conditions are poor from those who say they are good. A positive reading means optimists outnumber pessi...

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Activation Group and Vision Entertainment Enters into a Strategic Cooperation

HONG KONG, Jul 8, 2021 - (ACN Newswire via SEAPRWire.com) - A provider of integrated marketing solutions in Greater China, Activation Group Holdings Limited ("Activation" or the "Company", collectively, the "Group", stock code: 9919), has entered into a strategic cooperation with Vision Future (Shanghai) Media Technology Co., Ltd.* ("Vision Entertainment") to form a joint venture, in which Activation owns majority shares. The partners will together explore the huge potential of livestream e-commerce business at the forefront of the digital marketing realm in mainland China. Pursuant to the strategic cooperation, the two parties will jointly operate DouYin key opinion leaders ("KOLs") livestream business and DouYin brand business to serve luxury and fashionable lifestyle brands. The joint venture will marry Activation's celebrity and brand resources with Vision Entertainment's rich experiences in the livestream e-commerce sector to help brands expand online marketing and their e-commerce business on the DouYin platform. It will draw on its professional marketing capabilities to bring in more live e-commerce celebrities, and nurture DouYin KOLs to build a DouYin KOLs matrix. Last yea...

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Showa Denko Announces Company Split and Transfer of Energy Storage Devices and Systems Business through Share Transfer by a Consolidated Subsidiary

TOKYO, Jul 8, 2021 - (JCN Newswire via SEAPRWire.com) - Showa Denko K.K. (hereinafter referred to as the "Company") hereby announces that Showa Denko Materials Co., Ltd. (hereinafter referred to as "SDMC"), the Company's consolidated subsidiary, has determined by its board of directors today that (i) SDMC shall have a newly established, wholly owned subsidiary of it named Energy Storage Devices Spin-Off Preparation Co., Ltd. (hereinafter referred to as "NewCo"; its company name shall be hereafter changed upon discussion) succeed the energy storage devices and systems business in which SDMC is engaged at its Saitama Works and Nabari Works (hereinafter referred to as the "Business") through an absorption-type company split (hereinafter referred to as the "Company Split"), thereafter, (ii) SDMC shall transfer all shares of NewCo and the directly or indirectly owned shares of Energy System Service Japan Co., Ltd., CSB Energy Technology Co., Ltd., Siam Magi Co., Ltd., Thai Energy Storage Technology Public Company Limited, Thai Nonferrous Metal Co., Ltd., 3K Products Company Limited, and Power Plas Company Limited to Sustainable Battery Solutions, Inc. (hereinafter referred to as "SBS"),...

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Showa Denko to Record Extraordinary Loss, and Revises Forecast of Consolidated Performance

TOKYO, Jul 8, 2021 - (JCN Newswire via SEAPRWire.com) - Showa Denko (SDK; TSE:4004) announces that, following the "Announcement regarding Company Split (Absorption-Type Company Split) and Transfer of Energy Storage Devices and Systems Business through Share Transfer by a Consolidated Subsidiary (Change of Second-Generation Subsidiary)" which was announced today, SDK will record extraordinary loss in its 2021 consolidated financial statements and revises its forecasts of consolidated business results for the first half of the year ending on December 31, 2021 and consolidated business results for the year ending on December 31, 2021, both of which were announced on May 10, 2021.1. Recording of extraordinary loss As stated in the "Announcement regarding Company Split (Absorption-Type Company Split) and Transfer of Energy Storage Devices and Systems Business through Share Transfer by a Consolidated Subsidiary (Change of Second-Generation Subsidiary)" which was announced today, Showa Denko Materials Co., Ltd. (SDMC), which is a consolidated subsidiary of SDK, has determined by its board of directors today that: (i) SDMC shall have a newly established, wholly owned subsidiary of it named...

Business travel scheme suspension in S’pore stretches on

SINGAPORE - A pilot initiative to allow for international business meetings in Singapore amid the Covid-19 pandemic is indefinitely suspended, extending an initial two-week suspension that started in late-May. The Connect @ Singapore initiative, which was announced in December last year, was meant to facilitate global business exchanges, as well as to support the revival of Singapore's air hub. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

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Jacobson Pharma Announces FY2021 Annual Results

HONG KONG, Jun 29, 2021 - (ACN Newswire via SEAPRWire.com) - Jacobson Pharma Corporation Limited ("Jacobson Pharma" or the "Company"; Stock Code: 2633), a leading company engaging in the research, development, production, marketing and sale of essential medicines, specialty drugs and branded healthcare products, today announced the annual results of the Company and its subsidiaries (collectively the "Group") for the year ended 31 March 2021 (the "FY2021" or the "Reporting Period").During the Reporting Period, the economy was hit hard by the pandemic with retail consumption stalled due to various social distancing measures and travel restrictions. At the continual impact of the pandemic on its businesses, the Group made total revenue of HK$1,445.9 million in the Reporting Period, dropped narrowly by 8.0% against the previous year. Mitigated by the impact relief and cost-saving measures, profit attributable to shareholders softened by 19.4% to HK$173.7 million.The Board has recommended payment of a final dividend of HK1.5 cents per share (FY2020: HK2.5 cents per share). Including the interim dividend of HK0.8 cent per share already paid and a special interim dividend made by the Comp...

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Avance Clinical Appoints Asia Biotech Specialist to Support APAC Growth

ADELAIDE, AUS, June 28, 2021 - (ACN Newswire) - Avance Clinical, the leading Australian CRO for international biotechs and Frost & Sullivan Asia-Pacific CRO Market Leadership Award recipient, announced the appointment of Andy Hu as Business Development Manager APAC, to support increasing biotech clinical trial demand from the region. Andy Hu Formerly with Informa Pharma Intelligence, the international biopharma data company, Andy will head up the APAC business development program for Avance Clinical.Andy says the main drivers for Asian biotechs looking to Australia are speed, data quality and access to international regulatory authorities."They select Avance Clinical in Australia because its CRO data is accepted by the FDA, and it gives them a rapid pathway for international licensing, investment and ultimately drug approvals," he said."I wanted to work with Avance Clinical because it's a mid-sized CRO that offers deep therapeutic experience, expedited timelines, and exceptional support to APAC biotech clients."Avance Clinical has grown significantly over the past two years with an increasing number of clients coming from APAC to conduct their trials in Australia.Chief Strategy...

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NTT Group and NEC accelerate activities to promote 5G tailored for enterprises

TOKYO, Jun 28, 2021 - (JCN Newswire via SEAPRWire.com) - NTT Corporation (NTT), its subsidiary NTT DATA Corporation (NTT DATA) and NEC Corporation (NEC) announced today the acceleration of activities to promote the global adoption of 5G solutions tailored for enterprises. The three companies aim to develop these solutions to accommodate market demand that helps to drive the creation of successful business models and business. These activities will be conducted in "Enso - The Space for Creators" (Enso Lab), which has been established at NTT DATA Deutschland's Munich laboratories.1. BackgroundCurrent wireless network base stations are mainly equipped with integrated hardware and software based on the specifications of certain communication equipment vendors. However, in order to lower the dependence on specific vendors, O-RAN activities which aim to create an open ecosystem for base station equipment are accelerating among mobile telecommunications operators around the world. In June 2020, NTT and NEC entered a capital and business alliance for joint R&D and global expansion of ICT (Information and Communication Technology) products utilizing innovative optical and wireless techn...

Japan manufacturers remain optimistic in June: Reuters Tankan

TOKYO (REUTERS) - Business confidence levels of Japanese manufacturers and service sector firms were little changed in June from the prior month, highlighting the fragile and uneven state of the country's coronavirus recovery, a Reuters survey showed. While manufacturers' mood remained positive thanks to strong overseas demand, it was forecast to be slightly lower three months from this month, according to the Reuters Tankan poll, which tracks the Bank of Japan's (BOJ) closely watched tankan quarterly survey. The Reuters Tankan sentiment index for manufacturers edged up to 22 from 21 in May, while the mood in the service sector was more dour. The service index was flat, down from 2 the prior month, the poll conducted June 3-14 showed. The Reuters Tankan index readings are calculated by subtracting the percentage of respondents who say conditions are poor from those who say they are good. A positive reading means optimists outnumber pessimists. Among manufacturers, buoyant sentiment at chemical and metal product makers offset less favourable conditions in sectors such as textiles and paper, according to the survey of 481 large- and mid-sized companies, in which 238 firms responded o...

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JCB Accelerates Business Expansion in ASEAN Region with Opening of New Department in Singapore

TOKYO, Jun 14, 2021 - (JCN Newswire via SEAPRWire.com) - JCB Co., Ltd., Japan's only international payment brand is pleased to announce the establishment of a new ASEAN Business Enhancement and Creation Department under its subsidiary, JCB International Asia Pacific Pte Ltd.JCB develops and provisions innovative technologies and services around the world. The ASEAN Business Enhancement and Creation Department will further accelerate the development of new payment services through strategic partnerships and investments with local financial institutions and start-ups, and with Japanese companies operating in the rapidly growing ASEAN region. In addition, the new department will proactively seek to create new business opportunities beyond the framework of our current payment business in the ASEAN region.About JCBJCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 36 million merchants around the world. JCB Cards are now issued mainly in Asian countries and territories, with more than 140 million cardmembers. As part of its ...

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Infocus International Announces Online Training on LNG Supply, Demand, Pricing & Trading

Singapore, Jun 14, 2021 - (ACN Newswire via SEAPRWire.com) - The best rated LNG Supply, Demand, Pricing & Trading online training is back by popular demand with updated agenda and it will be commencing live on 8 September 2021. At the beginning of 2020, the LNG business was looking forward to another year of expansion after a successful 2019 during which production increased by 42.5 mt and final investment decisions (FIDs) were taken on 71 mtpa of liquefaction capacity. COVID-19 has radically changed those expectations. LNG production continued to increase rapidly in the first quarter of 2020 as output from LNG trains that started up in 2019 built up to full capacity. However, demand weakened in the second quarter as lockdowns in many LNG importing countries to control the spread of COVID-19 slowed economic activity. Increased supply and declining demand have led to an over-supplied market, with spot prices for LNG falling to levels not seen before in the second quarter and the cancellation of US LNG cargoes. However, prices began to recover during the third quarter with demand expected to strengthen in the winter months. The construction of new liquefaction trains has been del...

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Honda Announces the Establishment of Ashirase, Inc., a Startup Originated from IGNITION, a Honda New Business Creation Program

TOKYO, Jun 11, 2021 - (JCN Newswire via SEAPRWire.com) - Honda Motor Co., Ltd. today announced the establishment of Ashirase, Inc., the first business venture to originate from IGNITION, Honda's new business creation program. Ashirase, Inc. is currently developing an in-shoe navigation system to support the visually impaired with walking and will strive to begin sales of the system, also named "Ashirase," before the end of the fiscal year ending March 31, 2023. Overview of Ashirase navigation systemThe Ashirase is a navigation system consisting of a smartphone app and a three-dimensional vibration device including a motion sensor, which is attached inside the shoe. Based on the route set with the app, the device vibrates to provide navigation. When the user should go straight, the vibrator positioned on the front part of the foot vibrates, and when the user is approaching a right or left turn, the vibrator on the right or left side vibrates to notify the user. The navigation provided by Ashirase enables intuitive understanding of the route, and therefore the user does not have to be constantly mindful of the direction, which makes it possible for the user to walk more safely and wi...

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Honda Begins Company-wide Expansion of its New Business Creation Program, “IGNITION,” to Help Realize Ideas and Dreams of Honda Associates

TOKYO, Jun 11, 2021 - (JCN Newswire via SEAPRWire.com) - Honda Motor Co., Ltd. has begun expanding its new business creation program, IGNITION, to the entire company. IGNITION is a program that gives shape to the original technologies, ideas and designs of Honda associates and contributes to solving social issues and creating new value for people. The IGNITION program was initiated in 2017 by Honda R&D Co., Ltd., a Honda research and development subsidiary. Since it began, IGNITION has received many applications with new business ideas, and several proposals that have a high degree of compatibility with Honda business are already being pursued at Honda with an eye toward commercialization. In the meantime, there also were proposals that could deliver value to society more quickly if they were pursued through a startup business venture, taking advantage of the unique characteristics of startup companies; therefore, in 2020, IGNITION added an option to strive for commercialization of new business ideas through business ventures, in addition to commercialization inside Honda. Ashirase Inc., whose establishment was announced today, is the first business venture to originate from IG...

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Infocus International Launches Online Masterclass on Energy Storage

Singapore, Jun 11, 2021 - (ACN Newswire via SEAPRWire.com) - Infocus International Group is bringing back the best rated Energy Storage online workshop which will be commencing live on 13 September 2021. Energy storage differs from other energy technologies in the breadth and complexity of its addressable market and revenue opportunities. This masterclass provides a comprehensive, business-focused analysis of these opportunities, allowing attendees to analyse, understand and segment them. While naturally focusing on battery storage, we also cover the variety of competing storage technologies and describe the wide variety of problems energy storage seeks to solve, at a wide range of deployment sizes and timescales, including key issues around practical project delivery.Attendees will leave with a clear understanding of why and where storage markets are growing, what could limit this growth and what the future trends will be. So, if attendees are thinking of investing in or developing an energy storage business case, this course provides your essential grounding in the core issues.Benefits of Attending:- Gain a clear understanding of energy storage market opportunities & deployme...

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HKTDC launches GoGBA one-stop platform

HONG KONG, Jun 10, 2021 - (ACN Newswire via SEAPRWire.com) - The Hong Kong Trade Development Council (HKTDC) has announced the launch of the GoGBA one-stop platform, a new business support programme that helps companies access the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). Consisting of digital information and business tools, advisory services and training as well as promotional and networking activities, the GoGBA one-stop platform offers multi-faceted business support online and offline.The GoGBA one-stop platform was launched at this morning's online ceremony in Hong Kong and Shenzhen. The officiating guests in Hong Kong included (from L) Erick Tsang, Secretary for Constitutional and Mainland Affairs of the HKSAR; Dr Peter K N Lam, Chairman of the HKTDC; Carrie Lam, Chief Executive of the HKSAR; Edward Yau, Secretary for Commerce and Economic Development of the HKSAR; and Margaret Fong, HKTDC Executive Director.GoGBA WeChat mini programme (QR Code)At today's launch event, which took place via a virtual link between Hong Kong and Shenzhen, Carrie Lam, Chief Executive of the Hong Kong Special Administrative Region (HKSAR), and Qin Weizhong, Deputy Secretary of Shenzhen Muni...

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Hitachi ABB Power Grids announces Sustainability 2030

ZURICH, SWITZERLAND, Jun 3, 2021 - (JCN Newswire via SEAPRWire.com) - Hitachi ABB Power Grids today announced Sustainability 2030 - its strategic plan for sustainability. Through Sustainability 2030 the global technology leader has outlined its main commitments to act and drive business in a sustainable way.Based around four pillars - Planet, People, Peace and Partnerships - the strategy draws from the UN's Sustainable Development Goals (SDGs), where each pillar has corresponding targets that drive the business to contribute social, environmental and economic value. Hitachi ABB Power Grids supports all SDGs and is making a deeper contribution to SDGs: 3 (Good health and well-being), 4 (Quality education), 5 (Gender equality), 6 (Clean water and sanitation), 7 (Affordable and clean energy), 12 (Responsible consumption and production), 16 (Peace, justice and strong institutions); and 17 (Partnerships for the Goals).Targets relating to protecting the planet, include becoming carbon-neutral in its own operations by 2030. As a first step, the business expects to have moved to 100% fossil- free electricity by the end of 2021. It has also announced a target to halve CO2 emissions 1) along...

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NEC Opens Service Design Academy for Promoting Digital Transformation

TOKYO, Jun 3, 2021 - (JCN Newswire via SEAPRWire.com) - NEC Corporation (TSE: 6701) today announced the opening of the "NEC Academy for Future Creation Design," a center for developing human resources that are well-versed in digital transformation (DX). The academy will be dedicated to imparting service design skills and mind sets that leverage "design thinking" and promote the advancement of DX. NEC has already provided training for more than 2,500 employees in design thinking and aims to accept 1,500 participants to the academy over the next three years. In recent years, with the rapid social implementation and utilization of DX and the digitization of the economy, the shortage of DX human resources has become a major issue worldwide. NEC developed the "NEC Design Thinking Framework" in collaboration with Business Models Inc. (BMI) as a business design methodology for DX. BMI has a proven global record in the business design field and NEC has already deployed the framework internally. In the newly established academy, students will learn how to use the processes and tools included in the methodology, as well as a mind set for using the tools, and systematically learning the busin...