Read More

Bestinet Issues Letter of Demand to Online News Site

CYBERJAYA, MALAYSIA, Feb 11, 2022 - (ACN Newswire via SEAPRWire.com) - A Letter of Demand has been issued on behalf of Bestinet Sdn Bhd ("Bestinet" or the "Company") and Dato' Sri Mohd Amin Abdul Nor ("Dato Sri' Mohd Amin") to an independent online news portal and two individuals for an online article that appeared on the website of the news portal dated 4 February 2022 containing defamatory statements.The Letter of Demand noted that the content of the defamatory statements is malicious, untrue and unjustifiable. The defamatory statements are an attack on the integrity and reputation of the Company and Dato Sri' Mohd Amin, who have been brought into public scandal, ridicule and contempt.Bestinet and Dato' Sri Mohd Amin are prepared to withhold civil action if the independent online news portal and the two individuals refrain from the actions as set in the Letter of Demand.The Company and Dato' Sri Mohd Amin in the meantime reserve their rights and interest at law.Fintan NgTel: +60 12-233 6986Email: f.ng@swanconsultancy.biz Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

XanPay Partners with SWAG to Launch New Alternative Payment Methods

Strong Growth of the Online Entertainment Space HONG KONG, February 9, 2022 – (SEAPRWire) – Recently, XanPay announced a partnership with SWAG, a leading online entertainment interactive brand, to launch new alternative payment methods. Online entertainment experienced exponential growth during the pandemic. According to a related report, the worldwide traffic of online entertainment has grown substantially during the COVID-19 period. The increasing number of people working from home and restrictive social distancing measures has made online entertainment avenues extremely popular. SWAG gained the upper hand against its competitors during this period partnering with a payment gateway specialized in alternative payment methods, XanPay. Challenges of Online Entertainment Platforms in High-Risk Industry SWAG is one of Asia’s largest online entertainment interactive brands. The Taiwan-based company started in 2017 with a team of 80 employees. They have come a long way to establish themselves as the leader in the region. For those who are unfamiliar, there are major challenges and taboos that the alternative online entertainment space constantly faced for decades: Many financial institu...

Read More

HKTDC Lifestyle Sourcing Show | Physical + Online concludes, attracting some 9,500 buyers

HONG KONG, Dec 13, 2021 - (ACN Newswire via SEAPRWire.com) - Organised by the Hong Kong Trade Development Council (HKTDC), the HKTDC Lifestyle Sourcing Show | Physical + Online came to a successful conclusion on 10 December. The physical show (1-3 December) and online show (6-10 December) welcomed some 9,500 buyers to visit in person or browse through a huge array of products online, while more than 3,100 business meetings were arranged during the show.The HKTDC Lifestyle Sourcing Show | Physical + Online came to a successful close on 10 December. The three-day physical show attracted industry players to source from a huge array of products and conduct business discussions in person.Lively discussions took place between buyers and suppliers at networking sessions held during the physical show.More than 580 exhibitors from nine countries and regions participated the show to display the latest toys, baby products, gifts and premium, houseware, optical products, wine and spirits. Benjamin Chau, Deputy Executive Director of the HKTDC, said: "The hybrid format is a trend that's here to stay. We are glad to see that the Lifestyle Sourcing Show has proved so effective in helping SMEs crea...

Watch search-and-rescue missions from home as RSAF open house goes fully virtual for first time

SINGAPORE - The Republic of Singapore Air Force's (RSAF) open house is going fully online this year for the first time. People can now watch search-and-rescue missions and examine aircraft up close in the comfort of their homes. The online open house site, launched on Friday (Dec 3), hosts a 3D virtual exhibition of more than 25 aircraft and ground-based air defence systems, online games and a series of videos that show RSAF pilots in action. This is very different from open houses of years past when people could see and be awed by RSAF assets in person, but organisers said the constraints of Covid-19 meant they started planning for the likelihood of an online open house about a year ago. They are hoping that it will give people a fresh perspective. "You can spin the assets around, zoom in and zoom out, look at them from different angles - we try to make it a bit more interactive," said Lieutenant-Colonel Charles Chua, head of the virtual open house. "In the past, it would also have been difficult to get so many aircraft together for a physical exhibition, but we can do this online. People can click on each of them to see the specifications," he added. The open house is on till Dec...

Read More

Close up with NovationWire: a New Type of PR Distribution Service

HONG KONG – NovationWire is an organization that had everything in place to succeed in 2021. They had a 100% remote workforce in place. Their DNA was already in the cloud. The press release distribution industry was already at an inflection point. Overly consolidated. Expensive. The pandemic has resulted in the recalibration of corporate strategies. With that, online is where you have to be. And their market-disrupting price point is really attractive right now. NovationWire uses its own proprietary distribution channels that combine client press releases with news stories from thousands of newsrooms, globally, into geographic, industry, and subject-grouped newswires. These highly-targeted newswires are a valuable source for anyone interested in breaking news or background material, including reporters, industry leaders, decision-makers, influentials, and even the interested public. Press releases are further disseminated through NovationWire’s social media newsfeeds, the NovationWire news apps (iOS & Android), and made available to thousands of editors and journalists. NovationWire Chief Executive Officer and Founder, Peter said: “It’s very powerful when your newswire service ...

Read More

About $35,000 lost to new type of scam where scammers pose as buyers on online marketplaces

SINGAPORE - About $35,000 has been lost since last month to a new type of scam, in which scammers pose as buyers on online marketplaces. At least 44 victims have fallen prey to such scams since last month, the police said on Tuesday (Nov 23). The scammers would first approach victims on online marketplaces and express interest in buying items that the victims were selling. After they agreed on the sale, the scammers would ask to make payment via PayNow. The victims would then receive an e-mail purportedly from the online marketplace, indicating that payment had been made, but that they were required to access a URL link to receive their payment. Those who accessed the links were led to fake Web pages impersonating those of banks. They were told to log in to their bank account to receive payment. The victims only realised that they were scammed when they discovered unauthorised transactions made on their bank accounts. The police urged members of the public not to click on links provided in unsolicited e-mails and text messages, and to verify buyers' profiles on online marketplaces through reviews and ratings. "Always verify the authenticity of the information with the official webs...

Read More

WARC and YouTube release “Brand-building at the speed of culture: The role of online video in Asia”

SINGAPORE, Nov 22, 2021 - (ACN Newswire via SEAPRWire.com) - Online video is where culture is being cross-pollinated between brands, creators, fans and viewers. Every minute, 300 hours of content are uploaded on YouTube. One billion hours of content are watched on the platform every day and watch time has grown by 60% in the past year. At a time of unprecedented change, online video has emerged as an opportunity for brands to stay in tune and contribute regularly to interpret and recreate culture.Brand-building at the speed of culture: The role of online video in AsiaGabey Goh, WARC Gautam Ramdurai, YouTube"Brand-building at the speed of culture: The role of online video in Asia" is a new white paper released today by WARC, in partnership with YouTube, which looks at how brands can leverage culture to amplify their role in Asia's online video landscape.Providing key lessons for marketers, the report is derived from an analysis of the winners of YouTube Works 2020-2021 awards from across Asia, accompanied by industry insights and best practices from WARC. Gautam Ramdurai, Head of YouTube Ads Marketing APAC, says: "We've partnered with WARC to understand how brands in the region have...

Tips to avoid online shopping scams

(NYTIMES) - You are expected to do much of the holiday shopping online this year even as the pandemic recedes, and it is expected that criminals will be following along. So here are some tips for safe digital shopping. There is a steady rise in online card fraud in recent years, and it accelerated during the pandemic as more people shopped on the Internet to avoid brick-and-mortar stores. Losses from online card fraud are expected to reach almost US$8 billion (S$10.8 billion) by the end of this year and that's just in the United States. At the same time, consumers still expect to do about two-thirds of their holiday spending this year online, even though they feel less anxious about shopping in stores, according to a holiday retail survey published by Deloitte. And with tight supplies of merchandise and shipping delays from the lingering effects of the pandemic, holiday shoppers may turn to less familiar, less secure websites in search of the perfect gift. "The supply shortage is drawing people to ever more peripheral websites," said Mr Brian Hamilton, chief executive of One, a start-up digital banking service. His company is seeing more disputed transactions, which is also happeni...

Singapore sees boom in online purchases of groceries

After Covid-19 hit Singapore, Madam Tina Soh has had to wait longer for groceries bought online to be delivered to her home. The 57-year-old merchandising manager in textiles, who began shopping for groceries online before the pandemic struck, noted that Covid-19 has led to an uptick in demand for online grocery services, causing delays. 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.

China’s New Regulation on Internet Healthcare Will Benefit Platforms like WeDoctor

HONG KONG, Oct 29, 2021 - (ACN Newswire via SEAPRWire.com) - On 27 October, China's National Health Commission (NHC), the authority responsible for the medical industry, issued a new policy that calls for the regulation of China's fast-growing internet healthcare industry. The policy is expected to push China's internet healthcare industry from the period of minimal regulatory constraints into the era of standardized development.According to the NHC, as of June 2021, the number of internet hospitals in China has exceeded 1,600, the internet hospital is the provider of online medical services such as online consultations. The first Internet hospital in China was established in 2015 in Wuzhen, Zhejiang province by digital medical service platform WeDoctor.This policy has generated widespread interest within the Chinese healthcare industry since its release, and the regulatory measures taken by Beijing on the education and training industry since the third quarter of this year have caused participants in various industries to be very concerned about the potential impact of the regulation. Unlike the education and training industry, the regulatory policy on online medical consultation ...

Read More

Jogo Global Partners with SCCG Management

LAS VEGAS, NV, Oct 13, 2021 - (ACN Newswire via SEAPRWire.com) - Jogo Global, the fast-growing platform provider and casino content developer, has partnered with consultancy firm SCCG Management in a move that is set to elevate the company's strategic business development strategy.SCCG Management is led by former legislator, lawyer and gaming industry veteran Stephen Crystal. With Crystal at the helm, SCCG Management has accumulated decades of expertise in land-based and online gaming operations and talent acquisition, casino marketing and affiliate networking, the intersection of real money wagering with esports and gaming, virtual sports, fantasy and traditional sports, and sports betting and iGaming technology solutions.Crystal's superior industry knowledge and contacts will be highly beneficial for Jogo Global's future growth plans. The partnership marks another high-profile industry figure that is involved with the company, following the appointment of Gaming Realms co-founder Simon Collins as non-executive chairman, as well as the recruitment of Robb Vecchio as Managing Director of its US division.Stephen Crystal, at SCCG Management, said: "Working alongside an ambitious comp...

Read More

Corinium Presents: CISO Online ASEAN

Singapore, Sep 23, 2021 - (ACN Newswire via SEAPRWire.com) - Cybercrime is already a multi-billion-dollar industry with a projected cost expected to reach USD 10.5 trillion annually by 2025.So, how can CISOs working within the ASEAN region become catalysts for change? How can you deliver business value, overcome security systems complexities, mitigate risks and minimize costs?CISO Online ASEAN, a virtual forum taking place on 2 & 3 November 2021, is designed to help you find these answers. Through a series of keynotes, panels, interviews and our unique interactive discussion format, this is your opportunity to benchmark your current practices against leading executives.Join your peers and learn how to successfully adopt identity and privileged access management to overcome the challenges of compromised credentials, explore strategies to embrace the cloud with confidence and avoid misconfiguration risks, and discover how to bridge the gap in third-party software vulnerabilities.2021 Key Themes: - Emerging Threats, Intelligence and Incident Response: Assessing the newest threats and what CISOs are doing to combat them- Governance and Risk: Weighing the risk against the rewards - ...

Read More

GCash Introduces First of Its Kind, Online Shopping Protection with Regional Insurtech Firm, Igloo

MANILA, Sept 22, 2021 - (ACN Newswire via SEAPRWire.com) - Philippines' leading e-wallet provider GCash, has launched an online shopping insurance - underwritten by PGA Sompo - with Singapore-headquartered regional insurtech Igloo, to protect its growing online customer base. This launch and partnership come at a time where GCash has seen a surge in online transactions and is on track to hit PHP 3 trillion in full-year gross transactions - 3x of last year's performance. This was driven by Filipino consumers shifting to online for their daily needs.Igloo's online shopping protection via GCash's platformToday, there is an increasing demand to go cashless and more merchants and retailers are opting for the convenience of e-commerce, and express peer-to-peer cash transfers. Over 70% of Southeast Asia is online and last year, the region saw 40 million new users join the internet. In a recent survey, the Philippines alone saw 37% of all digital service consumers are new to the service due to COVID-19. The survey also shows 97% of these new digital consumers will continue to use digital services going forward. This has led to an increasing need to be able to secure each transaction. Throu...

The Online Citizen taken offline, ahead of deadline set by IMDA after failure to declare funding

SINGAPORE - Socio-political website The Online Citizen (TOC) and its various social media channels were taken offline on Thursday morning (Sept 16), ahead of a 3pm deadline set by the Infocomm and Media Development Authority (IMDA). Attempts to access the TOC website returned an "access denied" error. The website was also not accessible from outside Singapore. TOC's Facebook and Twitter profiles were deactivated, while its Instagram account was made private. All video content on TOC's YouTube channel was delisted. This comes after IMDA on Monday suspended TOC's class licence to run its website and social media channels due to its repeated failure to comply with legal obligations to declare all sources of funding. TOC has not fully complied with this obligation since 2019, IMDA had said. It set a deadline of 3pm on Thursday for TOC to disable its website and social media channels, adding that it would take steps to block access to TOC in Singapore otherwise. The authority also threatened to cancel TOC's class licence by Sept 28 if it "does not provide further information to bring it into full compliance". It added that TOC's officers may be held liable for criminal offences under th...

Read More

ICCPP Holds GENE TREE Online Roundtable

SHENZHEN, CHINA, Sep 16, 2021 - (ACN Newswire via SEAPRWire.com) - At 6 p.m. on September 8 UTC+8, the GENE TREE Technology Sharing Online Roundtable with the theme of "Exploration and Innovation" was successfully held as scheduled. As the organizer of the online meeting, ICCPP, having built well-known international atomization brands "VOOPOO" and "ZOVOO", discussed the topics about the upcoming ceramic core through technology sharing and Q & A. The Product Manager, PR Manager and R & D personnel of ICCPP attended the meeting. They introduced the industry background, pain points and solutions of the ceramic core to the media, and finally showed the industry-leading research achievement: the GENE TREE Ceramic Core. Participants from Britain, France, Germany, Ukraine, Russia, Indonesia, Malaysia and the Philippines were invited to the meeting, including authoritative media, influential vape websites and magazines, key opinion leaders and well-known vapers.After five years of development, thick film ceramic core has become the mainstream. However, it still has three main pain points: No Powder Dropping and Sticking, Good Taste and High Reduction, and Long Lifespan and No Burni...

GOME Proactively Responds to National Strategies with Expansion of Business Quality and Quantity in 1H 2021

HONG KONG, Aug 27, 2021 - (ACN Newswire via SEAPRWire.com) - Business strategy conforms to national policy, and drive an in-depth upgrading in the second phase of "Home Living"GOME (493.HK) accelerated the implementation of the second phase of "Home Living" strategy in the first half of 2021, with focus on technology retailing and digitalized empowerment. The Company put full efforts in creating integrated online and offline operations under the philosophy of user-oriented, platform-based operation, technology innovation and closed-loop development. These initiatives were positioned to construct GOME's new retailing ecosystem and echo proactively to China's strategic direction of driving an acceleration in the development of new consumption.China has stepped up efforts to tackle monopoly and improper competition since the beginning of the year, with a view of creating a fairer and healthier business environment and room for development of the industry. Meanwhile, a number of policies for promoting consumption and stimulating domestic demand have been introduced, thereby significantly alleviating the impact of the COVID-19 pandemic on the retail industry. GOME has improved its retai...

Read More

Lvji Technology Announces 2021 Interim Results

HONG KONG, Aug 27, 2021 - (ACN Newswire via SEAPRWire.com) - China's leading online tour guide provider Lvji Technology Holding Inc. ("Lvji Technology" or the "Company", together with its subsidiaries, the "Group", stock code: 1745.HK) is pleased to announce its consolidated results for the six months ended 30 June 2021 (the "Period").Since March 2021, the tourism market has recovered, which led to a rapid recovery in travel demand of consumers and resulting in a steady growth in the Group's business. In the first half of 2021, the total revenue of the Group increased by approximately 118.1% to RMB175.1 million, and the revenue level has almost resumed to that before the outbreak of the epidemic. Gross profit increased significantly to RMB48.8 million, with a gross profit margin of 27.9% compared to 4.6% for the same period of 2020. The substantial increase in gross profit margin was mainly due to the steady growth of revenue during the Period and the accelerated recovery of the tourism market. Lvji Technology has achieved a turnaround from loss to profit during the Period, with a profit for the period about RMB 880,000, compared with a loss of about RMB 80.0 million in the same pe...

When virtual clothes are pricier than real ones

(REUTERS) - People care what their avatars are wearing. When the virtual world Decentraland said users could make and sell their own clothing for avatars to wear on the site, Hiroto Kai stayed up all night designing Japanese-inspired garments. Selling virtual kimonos for around US$140 (S$190) each, he said he made US$15,000 to US$20,000 in just three weeks. While the idea of spending real money on clothing that does not physically exist is baffling to many, virtual possessions generate real sales in the "metaverse" - online environments where people can congregate, walk around, meet friends and play games. Digital artist and Japan-enthusiast Kai's real name is Noah. He's a 23-year-old living in New Hampshire. After making as much in those three weeks as he would earn in a year at his music store job, he quit to become a full-time designer. "It just took off," Kai said. "It was a new way to express yourself and it's walking art, that's what's so cool about it... When you have a piece of clothing, you can go to a party in it, you can dance in it, you can show off and it's a status symbol," he added. In Decentraland, clothing for avatars - known as "wearables" - can be bought and sold...

Read More

SEEK Invests in JobKorea, Korea’s Largest Recruitment Platform, as part of a Strategic Path to be the Best Digital Career Platform in Asia

SINGAPORE, Aug 20, 2021 - (ACN Newswire via SEAPRWire.com) - SEEK Limited (SEEK), the Australian listed tech company which owns two leading online employment marketplaces JobStreet and JobsDB in Southeast Asia, today announced a USD48M investment in JobKorea, Korea's largest online employment platform. SEEK will own a 10% stake, and Peter Bithos, CEO of SEEK Asia, will join JobKorea's Board.Peter Bithos, CEO of SEEK Asia (left) and Yoon Byung-joon, CEO of JobKorea (right)Commenting on the investment, Peter said: "This partnership is a big win not only for SEEK and JobKorea, but more importantly for all jobseekers and employers in Asia. With JobKorea, the leading job marketplace in Korea, we can now touch the lives of an additional 25 million jobseekers and 5 million employers in one of the largest economies in the world.""Through this investment, we look forward to helping JobKorea with our market-leading insights into big data, how to leverage AI, and our commercial and technical experience building the leading jobs and career marketplaces across APAC," he added. "We also look forward to learning from JobKorea as it continues to build on its leadership in one of Asia's most dynami...

Tencent shares plummet on fears of China gaming crackdown

SHANGHAI (REUTERS) - China's Tencent Holdings said on Tuesday (Aug 3) it would further curb minors' access to its flagship video game, hours after its shares were battered by a state media article that described online games as "spiritual opium". Economic Information Daily cited Tencent's Honour Of Kings in an article in which it said minors were addicted to online games and called for more curbs on the industry. The outlet is affiliated with China's biggest state-run news agency, Xinhua. The broadside reignited investor fears about state intervention after Beijing had already targeted the property, education and technology sectors to curb cost pressures and reassert the primacy of socialism after years of runaway market growth. "They don't believe anything is off limit and will react, sometimes overreact, to anything on state media that fits the tech crackdown narrative," said Mr Ether Yin, partner at Trivium, a Beijing-based consultancy. China's largest social media and video game firm saw its stock tumble more than 10 per cent in early trade, wiping almost US$60 billion (S$81 billion) from its market capitalisation. The stock was on track to fall the most in a decade before trim...