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Registration is open for Project Finance & Project Financial Modelling Online Masterclass

indie
3 minutes

Singapore, Feb 15, 2023 - (ACN Newswire via SEAPRWire.com) - Infocus International Group, a global business intelligence provider of strategic information and professional services, has launched the Project Finance & Project Financial Modelling online masterclass and it will be commencing live on 9th May 2023. Today's project finance (PF) transactions require a higher level of expertise not only in programming more sophisticated and flexible financial models, but also in incorporating the latest risk mitigation and credit enhancement instruments. While higher standards of Environmental, Social, and Governance (ESG) impact management are being demanded of all major capital projects worldwide, more options and models for ESG mitigation, insurance, guarantee products, and financing instruments are now available. This online course covers both the latest PF strategies, risk mitigation instruments, as well as financial modelling best practices. The objective of this course is to provide participants with an enhanced understanding of the practical & documentation requirements of all interested parties to today's PF transaction. This programme provides participants with proven PF ...

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Infocus International Brings Back Renewable Energy Project Finance & Financial Modelling Masterclass

indie
3 minutes

Singapore, Feb 10, 2023 - (ACN Newswire via SEAPRWire.com) - Infocus International Group is bringing back the Renewable Energy Project Finance & Financial Modelling online masterclass and it will be commencing live on the 7th March 2023. The objective of this course is to provide participants with an enhanced understanding of the financial modelling and key documentation requirements of all interested parties to today's RE PF transactions. This programme provides you with proven PF modelling techniques and transaction management techniques which will enable you to quantitatively assess risks, resolve constraints, and reach project financial closure. The practical models for wind, solar, hydro, biomass, and geothermal PF models will be demonstrated through a series of real case examples of projects and transactions from Southeast Asia, South Asia, the Middle East, Europe, and North America.A past participant from Ib Vogt shared that, "The trainer has in-depth knowledge in the subject. This discussion is very good especially most participants are seasoned players with the industry."Another past participant from Electricity Generating Authority of Thailand mentioned that, "This co...

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GenTwo Continues Growth Story, New Inflows of Over US$1 Billion

indie
3 minutes

ZURICH, SWITZERLAND, Feb 1, 2023 - (ACN Newswire via SEAPRWire.com) - The international securitization specialist GenTwo celebrates its 5th anniversary and looks back on a fast-paced development. In 2022 the number of new products increased by 60% and international business doubled. The business momentum of GenTwo and its subsidiary GenTwo Digital has progressively picked up since the company was founded 5 years ago in February 2018. The products issued on its platform recorded over USD 1 billion in new inflows, resulting in a surge in assets under services growth to USD 2.5 billion as of today, despite the challenging market environment in 2022. The number of new products increased by 60% to a total of 900. This impressive growth underpins the ongoing high level of interest in alternative and digital investments among institutional clients around the world and Gen Two's expertise to provide flexible portfolio structuring for investors. "We were able to broaden our customer base once again in 2022 nationally and are currently servicing clients in over 25 countries. The number of clients grew by almost 50%, even 100% on an international level," says Philippe A. Naegeli,Co-Founder, a...

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Infocus International Brings Back Public-Private Partnerships In-Person Course in Singapore

indie
3 minutes

Singapore, Jan 25, 2023 - (ACN Newswire via SEAPRWire.com) - The Public-Private Partnership (PPP) workshop is back for 2023 in Singapore. Infocus International is delighted to bring one of their best events to professionals from all around the world and it will be commencing on 6th February 2023 in Singapore.We need new infrastructure. Roads, airports, schools, hospitals and housing: the list is enormous and growing. Yet severely limited budgets, economic uncertainty caused by volatile commodity prices, and deficits continue to prevent government at all levels from delivering the kinds of structural change that has always been needed.In response, some countries have developed relatively successful PPP programmes - similar in many ways yet with specific national characteristics. Challenges remain throughout each region and are intensifying in the current environment. Merely grasping the concepts of PPP does not do justice to our great responsibility of having an ownership in the country's future. We already know what we need to do, now is the time to really discover HOW. Beginning with an in-depth understanding of how PPPs work, from financial, commercial, project & legal aspect...

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AIZEN, Expanding EV Financing through AI Finance

pandora
3 minutes

Seoul, Korea, January 13, 2023 – (SEAPRWire) – AIZEN, an AI finance company ranked second in the Singapore Fintech Awards, declared that it is expanding E-mobility financial services through AI-based banking service, ‘CreditConncet’. In particular, it was announced that it formed partnerships with fast-growing local mobility companies in the Asian market to supply banking services using data from electric vehicles and electric bikes. It is expanding the ’embedded finance’ model to enable a fast supply of financial services through AI technology. AIZEN is focusing on supplying AI technology for future mobility financial services by bolstering businesses in the ASEAN region. The Monetary Authority of Singapore (MAS) named AIZEN GLOBAL as the second-best global company in the “Singapore Fintech Awards 2020” and selected it as a finalist in the global category alongside Swiss Re (insurance) of Switzerland and BNY Mellon (banking) of the United States. It also was selected for the “AIDA (responsible adoption of Artificial Intelligence and Data Analytics)” project by MAS and recognized as an Asian financial innovation to take part in the research for an AI financial model with the Singap...

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Asian Financial Forum kick-starts 2023 on a positive note

indie
9 minutes

HONG KONG, Jan 11, 2023 - (ACN Newswire via SEAPRWire.com) - The 16th Asian Financial Forum (AFF) kicked off today on a positive note, attracting over 1,000 participants on day one, including more than 100 global leaders and officials invited as speakers and 19 delegations from Mainland China and overseas. This was also reflected in the results of a poll conducted at the event, in which close to 70% of respondents indicated a neutral to positive sentiment towards the global economic outlook.The 16th Asian Financial Forum opened today in physical format with digital extension and will run for two days at the Hong Kong Convention and Exhibition Centre.Mr Ban Ki-Moon, Former (Eighth) Secretary-General of the United Nations, delivered a speech during the keynote luncheon.AFF Deal Flow Matchmaking Session was once again held in physical format, facilitating business collaborations through face-to-face communication.This year's Forum, themed Accelerating Transformation: Impact - Inclusion - Innovation, comes hot on the heels of the resumption of quarantine-free travel between Hong Kong and Mainland China, along with Hong Kong's international business travel returning to normal.After two ...

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Linework Releases Its App, a New Way of DeFi

pandora
3 minutes

Milan, Italy, January 09, 2023 – (SEAPRWire) – Recently, Linework has released the beta version of its App and started the journey to reach a new way of DeFi. While individuals and institutions are already starting to explore decentralized financial systems due to the significant increase in cryptocurrency investments, Linework facilitates access to these technologies and benefits of Decentralized Finance (DeFi) for people who do not have the knowledge of this world and allows them to take control of the markets and to sell, buy, grow, and create their own economy. The entire ecosystem moves around the Governance Token (Linework Coin – LWC) which is the real backbone that makes it sustainable. The Linework Coin (LWC) has been listed since October 7, 2022. The App created and imagined by Linework is designed to use simple but decisive products: NFT MarketplaceProducts and Services (E-commerce)Asset ManagementSocial Network (uncensored) Linework has created a decentralized, peer-to-peer system that is accessible to anyone and anywhere. Its DeFi application has the potential to democratize financial systems by enabling anyone to have access to financial services, especially underserve...

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Overwhelming interest among global financial leaders to attend 16th Asian Financial Forum

indie
8 minutes

HONG KONG, Jan 6, 2023 - (ACN Newswire via SEAPRWire.com) - The 16th Asian Financial Forum (AFF), organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), will once again be held at the Hong Kong Convention and Exhibition Centre (HKCEC) on 11 and 12 January to bring together global financial leaders in person. The event will also be accessible virtually. The first large-scale business exchange event of 2023 comes on the heels of the reopening of the Hong Kong-Mainland China border and the resumption of quarantine-free travel between Hong Kong and the mainland since the start of the pandemic.Wilson Chow, PwC Global Technology, Media and Telecommunications Industry Leader; Dr Patrick Lau, HKTDC Deputy Executive Director; Mary Huen, Chairperson of the AFF Steering Committee and Cluster CEO, Hong Kong, Taiwan and Macau, at Standard Chartered; and Danny Lee, Director of Hong Kong Venture Capital and Private Equity Association [L-R]The HKTDC is organising a series of travel experiences, food and accommodation discounts and other opportunities for overseas guests to make the most of their stay in Hong Kong duri...

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Fintech Revolution Summit 2023 to be Held in Morocco

indie
2 minutes

Casablanca, Morocco, Dec 28, 2022 - (ACN Newswire via SEAPRWire.com) - TraiCon Events will be hosting Morocco's premier fintech event titled as "Fintech Revolution Summit" supported by Union of Arab Banks scheduled on the 27-28 February 2023 at the Hotel Sofitel, Casablanca, Morocco. This forum will be attended by over top 300+ participants includes BFSI experts, fintech leaders, ministry & central bank authorities, investors & corporates across the Morocco.This summit aims to bring together fintech leaders & BFSI experts to discuss and deliberate the trends around financial technology and investment opportunities for finance sector. This dedicated event is the best opportunity to discover why the Morocco is and will remain the africa's leading financial services hub. FinTech founders, central bank officials, FSI experts, regulators, policy-makers, technologists, entrepreneurs, investors, academics and media from around the world will come together to learn, discuss, debate and network.Featured Speakers:1. Brahim Bourquia - Head Of Payment and Mobile, Bank Of Africa- BMCE GROUP2. Dr. Wissam H. Fattouh - Secretary General, Union of Arab Banks3. Mohamed Amine Harifi - Chi...

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MDRT Launches MDRT Global Services To Provide Innovative Growth Opportunities to Financial Services Leaders

indie
4 minutes

HONG KONG, Dec 21, 2022 - (ACN Newswire via SEAPRWire.com) - Building on its culture of excellence and providing financial professionals with opportunities for personal and career growth, MDRT (Million Dollar Round Table) is expanding its family of brands with the introduction of MDRT Global Services. On November 1, 2022, MDRT Global Services opened for membership to financial services leaders around the world. This new association strives to inspire field and home office leaders by creating ways for them to foster deeper engagement with the MDRT community, to gain skills to develop an MDRT culture within their teams and to enhance their professional and personal growth. 2023 MDRT President Peggy Tsai, RFP, CCFPThe MDRT Family of Brands provides opportunities for financial services professionals at every stage of their career to achieve increasing levels of success. Through MDRT, MDRT Academy and MDRT Global Services, the MDRT Family of Brands helps the best and brightest elevate their success, build a community of excellence, and live rich and meaningful lives."For nearly 100 years, financial advisors have been able to grow and learn from each other through membership in MDRT," sa...

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Heavyweights to speak as Asian Financial Forum opens conference year

indie
8 minutes

HONG KONG, Dec 19, 2022 - (ACN Newswire via SEAPRWire.com) - The 16th Asian Financial Forum (AFF), organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), will be held on 11 and 12 January next year in hybrid format. Ban Ki-Moon, eighth Secretary-General of the United Nations and more policymakers and business leaders will deliver keynote speeches at AFF 2023.Helen Clark, Former Prime Minister of New ZealandChristiana Figueres, Co-Founder of Global Optimism and Former Executive Secretary of the United Nations Framework Convention on Climate ChangeThemed "Accelerating Transformation: Impact - Inclusion - Innovation", the Forum will include addresses from more than 100 global business leaders, policymakers, financial and wealth management experts, entrepreneurs, tech giants and economists who will share their views on issues related to global finance, economy, trade and sustainability. The Forum will also provide a platform to connect participants for business and investment opportunities to strengthen Hong Kong's status as an international financial centre. As the restrictions on arrivals have been relax...

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Tonghai Financial Garners CarbonCare Label Three Years in A Row, “CarbonCare Label Level 3 – Achievement” This Year and “CarbonCare Star Label” Special Recognition

indie
3 minutes

HONG KONG, Dec 14, 2022 - (ACN Newswire via SEAPRWire.com) - China Tonghai Financial Limited ("Tonghai Financial" or the "Group"), is pleased to announce that it has earned the "CarbonCare Label Level 3 - Achievement" granted by CarbonCare InnoLab in recognition of its excellence in the sustainability development and efforts towards a greener future. It was also presented the "CarbonCare Star Label", a special recognition for having won the "CarbonCare Label" for three consecutive years, evidencing its outstanding performance in fulfilling carbon reduction commitments.This year, CarbonCare InnoLab aims to rally leadership and support from businesses, cities, regions and investors worldwide for a healthy, resilient, zero carbon recovery after the pandemic. Looking ahead, the Group will respond to the call by promoting environmental conservation in the communities and raising green awareness among its employees, so as to further enhance long term sustainability as well as contribute to the green development of the society. As ESG continues to gain market attention, carbon reduction has become the focus and goal of more companies. Tonghai Financial had been playing active role in impo...

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Trintech Celebrates the 10-Year Anniversary of Cadency(R) by Trintech

indie
4 minutes

DALLAS, TX, Nov 11, 2022 - (ACN Newswire via SEAPRWire.com) - "The Avengers(TM)" came together in 2012 and have defeated numerous villains over the last 10 years. Similarly, Trintech's finance and technology experts also came together in 2012 to launch Cadency(R) - the world's first end-to-end Record to Report SaaS solution transforming the way enterprise finance and accounting professionals around the world close their books. Since then, Trintech has been laser-focused on continuing to help the Superheroes of Finance and Accounting defeat manual work by standardizing, streamlining, and automating their financial close processes."The Office of the CFO has evolved considerably over the last ten years, with CFOs serving as key superheroes within their organizations. Today, we celebrate the 10-year anniversary of Cadency and the role it has played in helping global organizations vanquish compliance headaches, rescue un-reconciled balance sheets, and bring peace to the world of transaction matching," said Teresa Mackintosh, CEO of Trintech. "The last three years have asked even more from the Office of Finance, as the pandemic introduced new challenges and increased expectations to conq...

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Prenetics Announces Record Third Quarter 2022 Financial Results and Raises Full Year 2022 Revenue and EBITDA Guidance

indie
9 minutes

LONDON AND HONG KONG, Nov 10, 2022 - (ACN Newswire via SEAPRWire.com) - Prenetics Global Limited (NASDAQ: PRE) ("Prenetics" or the "Company"), a global leader in genomic and diagnostic testing, today announced its unaudited financial results for the third quarter ended September 30, 2022.Third Quarter 2022 and Recent Highlights:-- Reported third quarter 2022 revenue of US$80 million -- Reported loss from operations of US$9 million, adjusted earnings1 of US$21 million and adjusted EBITDA2 of US$27 million in the third quarter-- Achieved gross margin of 59% in the third quarter-- Appointed Professor Robert Harris, founder and former CEO of Lakeside Healthcare Group, one of UK's largest GP practices, as Executive Chairman of Prenetics EMEA-- Ended the third quarter with cash and other short-term assets3 of approximately US$250 million-- Obtained HSBC banking facilities of US$50 million for general corporate purposes and liquidity for potential acquisitions, demonstrating confidence from financial institutions Danny Yeung, Chief Executive Officer and Co-founder of Prenetics, said "I'm very proud of our strong results, demonstrating our continued growth, and reflecting the success we've...

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The 10th edition of IBEX INDIA, an international trade fair and conference for the BFSI Tech & Fintech sector

indie
2 minutes

MUMBAI, INDIA, Oct 26, 2022 - (ACN Newswire via SEAPRWire.com) - The BFSI and Fintech sector's development is driven by technological progress. In light of the growing convergence between banking, financial services, and technology, 2022 has been labelled as a breakthrough year by industry insiders, as it is fuelled by using technologies such as Artificial Intelligence (AI), Robotic Process Automation (RPA), smart contracts (blockchain), and many more.Today's banking and financial services ecosystem is dominated by digital innovation, which has become abundantly clear as the most creative force. It is expected that these emerging technology trends will continue to drive innovation in the BFSI and Fintech sector in 2022 and beyond, according to Subject Matter Experts (SMEs).The 10th edition of IBEX India, organised by PDA Ventures Pvt. Ltd., focuses on bridging the gap between the BFSI and Fintech sector and is the country's only comprehensive trade fair and conference, asserting its position among the most prominent players in the Indian banking and financial ecosystem.IBEX India is a definitive platform that provides the perfect opportunity for collaborations, convergence, and int...

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WFIS Paces to Unveil Indonesia’s Most Advanced FSI Show

indie
5 minutes

JAKARTA, INDONESIA, Oct 3, 2022 - (ACN Newswire via SEAPRWire.com) - With Indonesia darting to incorporate the latest technology innovations in FSI, the country's fintech is expected to generate $8.6 billion revenue by 2025. The move is further getting bolstered by Otoritas Jasa Keuangan (OJK) that is bringing favorable regulatory changes and has even launched "Master Plan for the Indonesian Financial Services Sector (MPSJKI) 2021-2025".To support Indonesia in powering an inclusive Financial Services & Insurance industry, Tradepass is hosting the 11th edition World Financial Innovation Series (WFIS) at Hotel Mulia Senayan in Jakarta, Indonesia on 4 - 5 October 2022. The event so far has drawn an array of the most spectacular technology providers to showcase their cutting-edge solutions from their exclusive exhibition booth on the event days. The list includes TigerGraph, Newgen, ExtraHop, Resulticks, SEON, Incode, Backbase, PT NEC Indonesia, Solace, Hazelcast, Perfios Software Solution, Freshworks, Weefer, Credgenics, PT CRIF Lembaga Informasi Keuangan, Provenir, 8x8, Feedzai, Teleperformance Indonesia, AI Rudder, M2P, Finastra, IT Group Indonesia, Outsystems, Perkasa and Mambu...

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20+ Leading Technology Organizations Orchestrated the Loudest Fintech Show in the Philippines

indie
4 minutes

MANILA, Sep 20, 2022 - (ACN Newswire via SEAPRWire.com) - Southeast Asia's most renowned FSI event, World Financial Innovation Series (WFIS) disrupted the Philippines' fintech market with its inaugural edition in the country on 16 - 17 August 2022 at the Sofitel Philippine Plaza in Manila. It also gave a major boost to the country's 'Digital Payments Transformation Roadmap 2020-2023' by bringing the creme de la creme of the fintech investors under one roof. The 2-day event caught everyone's attention including myriad media houses as it had a long list of solution providers who capitalized on the platform while showcasing their next-gen products for the Financial Services Industry. The list included Oz Forensics, Onfido, Snowflake, Kissflow, AppsFlyer, Nucleus Software, Seon, ComplyAdvantage, OutSystems, GBG, Expleo, Freshworks, Redstar, GrabForBusiness, Feedzai, Panamax Inc., Pennant Technologies, Genesys, Exist, Goldpac Fintech, Infobip, MoEngage and Mambu.During a media interview at the event, Gaurav Mehta (Head, Growth & Strategy - Pennant Technologies) said, "We are delighted to participate in the World Financial Innovation Series 2022, Manila. Owing to the changing macro-e...

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Prenetics Announces Second Quarter 2022 Financial Results and Raises Full Year Adjusted EBITDA Outlook

indie
10 minutes

LONDON AND HONG KONG, Sep 9, 2022 - (ACN Newswire via SEAPRWire.com) - Prenetics Global Limited (NASDAQ: PRE) ("Prenetics" or the "Company"), a global leader in genomic and diagnostic testing, today announced its unaudited financial results for the second quarter ended June 30, 2022. -- Revenue of US$51.7 million in the second quarter of 2022-- Loss from operations of US$(17.9) million and adjusted EBITDA(1) of US$6.5 million in the same period-- Raises full year adjusted EBITDA guidance to the range of US$35 million to US$45 million, with corresponding full year revenue guidance in the range of US$255 million to US$275 million -- Strong cash and cash equivalents, short-term financial assets, trade receivables, deposits, prepayments and other receivables of US$215.3 million on balance sheet as of June 30, 2022-- Successfully launched two pipeline products, ColoClear and Circle SnapShot in the period, growing Prenetics beyond COVID-19 testing services-- Prenetics and Animoca Brands, the pioneer in Web3 signed an agreement to form a joint venture to create a decentralized digital health data platform on the Metaverse. Additional details to be announced in the fourth quarter of 2022Da...

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VC Holdings Announces 2022 Interim Results

indie
6 minutes

HONG KONG, Aug 31, 2022 - (ACN Newswire via SEAPRWire.com) - Value Convergence Holdings Limited ("VC Holdings", together with its subsidiaries, the "Group"; Stock Code: 0821.HK), a well-established and one-stop financial services institution in Hong Kong, is pleased to announce its unaudited interim results for the six months ended 30 June 2022 ( the "Reporting Period"). The Group tirelessly pursued opportunities to diversify its business during the Reporting Period, and expanded its digital asset business with good progress. During the Reporting Period, the recurrent outbreaks of COVID-19, coupled with persistently high inflation and conflict between Russia and Ukraine, posed unprecedented challenges to the global economy, intensifying uncertainty in the global and Hong Kong financial markets. The Group's consolidated revenue from continuing operations decreased by 6.0% year-on-year to approximately HK$35.7 million. Due to the increase in net realised and unrealised loss in financial assets at fair value through profit or loss, and the impairment loss on accounts receivable and other receivables, the consolidated loss for the period attributable to shareholders amounted to approxi...

ACN Newswire

Far East Horizon Announces 2022 Interim Results

indie
6 minutes

HONG KONG, Aug 29, 2022 - (ACN Newswire via SEAPRWire.com) - Far East Horizon Limited (Stock Code: 03360.HK), a leading financial services and industrial group in China, announced its interim results for the six months ended 30 June 2022.Financial ReviewIn the first half of 2022, the international and domestic environment was complex and volatile, with increasing risks and challenges. Although the environment was posing new challenges to China's stable economic growth, the economy generally demonstrated a steady recovery. In reliance upon China's real economy, the Group continued to adhere to the operational philosophy of "finance + industry", and achieved stable growth in overall results in spite of the complicated and ever changing macro environment.During the Review Period, the Group realized revenue of RMB17.72 billion, representing an increase of 9.46% year-on-year ("YoY"). Among which, the financial and advisory segment remained stable overall with a slight increase, accounting for 65.17% of the total income (before taxes and surcharges). Structurally, financial services maintained growth, while advisory services recorded decline. The industrial operation segment continued to...