EURORA PARTNERS WITH DPDGROUP TO AUTOMATE CROSS-BORDER TRADE COMPLIANCE

TALLINN, Estonia, Oct 25 (Bernama-GLOBE NEWSWIRE) -- Eurora Solutions, the provider of a leading AI/ML (artificial intelligence/machine learning) backed cross-border trade compliance platform, launches a partnership with DPDgroup, one of the world’s leading parcel delivery network. 

This partnership will enable DPDgroup, which delivers 2.1 billion parcels yearly, to enhance its quality and compliance processes whilst lowering the costs of customs processing.

DPDgroup will use Eurora’s AI/ML-backed platform to automate the allocation of product classification (HS) codes and compliance with the export control rules applied in the European Union, the United Kingdom, and the United States. The allocation of product classification (HS) codes and export control classification (ECCN code) is a pivotal step within the export process, as these classifications are needed to prove all restrictions and license requirements have been duly checked by the shipper before exporting an item.

Eurora’s compliance platform processes up to 5,000 requests per second with 98% accuracy* - the highest level of accuracy, speed, and automation available in the market. As there are more than 15,000 10-digit commodity codes in the EU alone, it is impossible to match this speed and cost with manual or hybrid methods, most used today. 

As a next step, both companies are looking towards extending the geographical coverage of export compliance services, namely to the Middle East and Asia.

“Eurora and the DPDgroup have been closely working together since the beginning of 2022 to elaborate the rules of different jurisdictions, containing a wide range of classification rules and restrictions that have been ´learned´ by the Eurora machine,” said Marko Lastik, founder and Group CEO of Eurora. 

DPDgroup, delivering over 8.4 million parcels worldwide each day, was looking for a solution that would enhance its parcel delivery operations. "In a context where product safety and transport security processes are key, and with growing international activity, we always aim to enhance quality and compliance. Using AI and Machine Learning solutions will help us improve the scalability and reliability of our international operations, while paving the path for future opportunities like new customer services, new geography, and further automation,” said Olivier Tsalpatouros, Senior Director Regulatory & Global Trade Affairs at DPDgroup.

http://mrem.bernama.com/viewsm.php?idm=44529

SOME 120 RELIGIOUS LEADERS FROM THE ASIA PACIFIC REGION CELEBRATED THE FIRST ANNIVERSARY OF THE PACIFIC CHRISTIAN LEADERSHIP CONFERENCE (PCLC)

UPF’s Pacific Christian Leadership Conference Celebrates 1st Anniversary


Washington, DC, Oct 27 (Bernama-GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE
 
Engaging Christian Cooperation to Strengthen Families:
UPF’s Pacific Christian Leadership Conference Celebrates 1st Anniversary - QUEZON CITY, PHILIPPINES
 
On Oct. 26, 2022, some 120 religious leaders from the Asia Pacific region celebrated the first anniversary of the Pacific Christian Leadership Conference (PCLC), an ecumenical organization under the umbrella of the Universal Peace Federation (UPF) that promotes Christian unity and interfaith cooperation.

Christian leaders from many nations joined in prayers for peace and discussed ways to assist Christianity in fulfilling its destiny as a beacon of freedom, faith, and family throughout the world. They focused on ways to develop good character in youth and strengthen the institution of marriage, which are the keys to building stable and loving families. The conference’s theme was drawn from Ephesians 4:2-3: “With all humility and gentleness, with patience bearing with one another in love, make every effort to keep the unity of the Spirit through the bond of peace.”

Peace is when “all Christian clergy come together in front of heaven, by the love of Jesus Christ, the heavenly love,” said Rev. Masaichi Hori, chair of the PCLC Executive Committee, in his opening remarks at the Luxent Hotel in Quezon City, Philippines.

“We are foremost sons and daughters of God...we are one human family under God,” UPF International Director General Dr. Yun Young-ho said in remarks delivered by Dr. Julius Malicdem, vice chair of the PCLC Executive Committee.
 
UPF, a global non-profit organization with consultative status at the United Nations, promotes interreligious cooperation as part of its peacebuilding efforts. The PCLC and its affiliate, the World Christian Leadership Conference (WCLC), was co-founded by Dr. Hak Ja Han Moon and her husband, the Rev. Dr. Sun Myung Moon.
 
In Dr. Moon’s video remarks, she said that despite the suffering and chaos that has befallen humanity throughout history, God never gave up His dream of seeing His children live in the Kingdom of Heaven on Earth.
 
“Throughout history, religions have guided human beings,” she said. “Now, however, it is obvious they have reached their final destination. This means the hope of humanity is to actually fulfill the original ideal that God had at the beginning of creation. God, our Heavenly Parent, wanted our first human ancestors to become true parents — ancestors of goodness connected to God as a couple.”
 
Dr. Moon and her late husband began the international Marriage Blessing movement in the 1960s to unite millions of couples from diverse backgrounds and usher in a new era of peace through cross-cultural families centered on God. Dr. Robert S. Kittel, co-chair of the PCLC Executive Committee, said that its core mission is to help churches revive the Christian spirit in all societies and become peacemakers. “We know...unsolved familial wars fester and grow beyond the family,” he said. “They are the foundation and fuel that turn into social, racial, civil, national, and even world wars.”
 
The PCLC sessions focused on how Christianity can instill high moral standards and a sense of altruism, empathy, and kindness in young people, and how churches can strengthen marriage and family as “building blocks” of a heavenly community.
 
Among the conference speakers were: Bishop Grepor “Butch” Belgica, Presidential Adviser for Moral Transformation and Religious Affairs Office of the President, Republic of the Philippines; Bishop Dr. Ki Hoon Kim, Chairman, World Christian Leadership Conference; Most Rev. Nolly C, Buco, Auxiliary Bishop from the Dioceses of Antipolo in the Philippines; Rev. Dr. Luonne Rouse, National Co-Chair, American Clergy Leadership Conference; Bishop Joharni Bendoy, Evangelical Bishops Conference of the Philippines; Rev. Jimmy Sormin, Executive Secretary, Communion of Churches in Indonesia; Min. Joshua Holmes, National Co-Director, Young Christian Leadership Conference/Assistant Pastor, Manhattan (USA) Family Church; Ptr. Raniera Pene. Minister and Youth Leader, The Ratana Church of New Zealand; Rev. Ronnie D. Sodusta, Regional Vice President, Family Federation for World Peace and Unification (FFWPU)-Asia Pacific Region 2; Msgr. Joseph Lalo, Priest, Eastern Catholic Church: Neo Monastic of St. Thomas, Philippines; Hon. J. Uduch Sengebau Sr., Vice President, Republic of Palau; Mrs. Wendy Francis, National Director for Politics, Australian Christian Lobby; Msgr. Pedro Gerardo Santos, Parish Priest of St. Andrew the Apostle Parish, Makati City, Philippines; Abp. Antonio J. Ledesma, Archbishop-Emeritus of Cagayan de Oro, Philippines; Rev. Gregory Stone, Secretary-General, PCLC Executive Committee; Rev. Yutaka Yamada, Sub-Regional Director, FFWPU-Oceania; and Rev. Demian Dunkley, President, FFWPU-Asia Pacific Region 1.
 
The PCLC nations include Australia, Fiji, Indonesia, Malaysia, New Zealand, Papua New Guinea, the Philippines, Samoa, Solomon Islands, Sri Lanka, Tonga, and Vanuatu.

ASIA PACIFIC Media contacts:

Pacific Christian Leadership Conference Southeast Asia Office (Quezon City, Philippines): Tel: 632-8924-1833

Email: pclcconferencesecretariat@gmail.com

Pacific Christian Leadership Conference Oceania Office (NSW, Australia): (61-2) 9211-9978

Email: oceaniahq@gmail.com


Attachment

• PCLC

William Selig
Universal Peace Federation
240-274-1744
wselig@upf.org

SOURCE : Universal Peace Federation USA

FOLK HERO PARTNERS INTIMISSIMI ON GLOBAL BRAND CAMPAIGN LAUNCH

KUALA LUMPUR, Oct 25 (Bernama) -- Intimissimi, the Italian brand and part of the Calzedonia Group has partnered with brand strategy firm, Folk Hero, to develop and reimagine their Brand Story.

This is ultimately leading to the launch of Intimissimi’s new global platform, The Art of Italian Lingerie.

Launching globally, the inaugural campaign features supermodel, producer, and businesswoman Heidi Klum, alongside her daughter Leni Klum.

“Once a brand is really clear on the story they are trying to tell, once they have found something truly compelling to say it becomes so empowering creatively,” said chief executive officer of Folk Hero, Rob Klingensmith in a statement.

Directed by award-winning creative director, Thomas Hayo, Folk Hero developed the brand and launch strategy, writing, producing and creative directing the campaign.

“The Art of Italian Lingerie is not only Intimissimi’s brand platform but a testament to our leading innovation that drives luxury and confidence for our consumers and the global community,“ said general manager of Calzedonia Group, Marcello Veronesi.

The company also recently announced that Jennifer Lopez will be the next brand and campaign ambassador.

Folk Hero helps its clients develop unusually compelling brand narratives, architecture, identity and tone-of-voice, all underpinned by a robust research methodology and a deep understanding of contemporary consumer behaviours.

-- BERNAMA

GUANGXI-ASEAN ECONOMIC AND TECHNOLOGICAL DEVELOPMENT ZONE: INDUSTRY-CITY INTEGRATION, HIGH-QUALITY DEVELOPMENT

AsiaNet 98463

NANNING, China, Oct. 25, 2022 /Xinhua-AsiaNet/--
 
Recently, the Guangxi-ASEAN Fudi battery project with a total investment of about RMB 8 billion was officially launched in the Guangxi-ASEAN Economic and Technological Development Zone, which is expected to generate an output value of over RMB 10 billion a year and create about 9,000 jobs after the production scale reaches the design capacity. Located in the pivotal development region, north of Nanning, the Guangxi-ASEAN Economic and Technological Development Zone ("Zone"), featuring convenient transportation, beautiful environment, agglomerated industries, pooled human resources, etc., is now speeding up the transformation from a unitary production-oriented park economy to a new area of industry-city integration.
 
According to Zuo Wei, Party Working Committee Secretary and Director of Guangxi-ASEAN Economic and Technological Development Zone Management Committee, the Zone will be divided into "one belt and four plots" based on three leading industries, namely, a manufacturing industry belt, a Nanning Education Park (west part), a modern agriculture demonstration area, an eco-tourism area, and a high-speed railway north business area. The primary, secondary and tertiary sectors are shoulder-to-shoulder equals that will continue to work on industry-city integration to vigorously spur the development of the Zone with high quality.
 
From the beginning of 2022, the Zone has taken the introduction of competitive and lucrative projects and businesses as the core of developing the industrial chain and the focus of bringing in investment and talent worldwide. In the first half of the year, nine industrial projects with a total investment of over RMB 50 million, 18 projects started, five projects in production, 22 headquarters companies and 32 high and new tech enterprises introduced, and 553 new market entities added in the Zone.
 
After years of development, the Zone has gradually formed three leading industrial patterns of green food, new materials and advanced equipment manufacturing, gathering the Fortune Global 500 and China's top 500 enterprises such as COFCO Group, Cargill, BYD, and Pearl River, as well as Chinese famous brand enterprises like Li-Ning and Toly Bread. At present, among the 4,698 companies settled in the Zone, there are more than 550 industrial companies, 147 industrial businesses above the scale, and 37 enterprises that achieved an output value of over RMB 100 million in 2021; as of August this year, there are 48 above-the-scale food processing and related companies, realizing an output value of RMB 5.091 billion, accounting for 51.4% of the total production value of industrial enterprises above designated size.
 
To stimulate the innovation vitality of enterprises, the Zone will give more long-term support for scientific and technological innovation to accelerate the convergence of multifarious innovation elements in businesses. The Zone lays out the innovation chain around the industrial chain to expedite the cultivation of new driving forces for industrial transformation and upgrading: relying on more than 100 specialty food companies to promote the integrated development of the specialty food processing industry chain and innovation chain, creating four municipal-level and above R&D platforms in total, approving six food high-tech firms, three smart factory demonstration companies of Guangxi, and one digital workshop of the province; at the same time pushing on the "industry-college-institute cooperation" after the Nanning Education Park is built, and exploring the local innovation and entrepreneurship of the students who graduated from colleges and universities through the construction of a "business startups and innovation street", in hopes of creating a good ecology for training innovation-minded personnel and building a talent pool.
 
Source: Guangxi-ASEAN Economic and Technological Development Zone Management Committee

"NIGHT ECONOMY" LIGHTS UP CHINA'S MOST POPULOUS AUTONOMOUS REGION FOR ETHNIC GROUPS

AsiaNet 98410

NANNING, China, Oct. 25, 2022 /Xinhua-AsiaNet/--

In recent years, Guangxi Zhuang Autonomous Region has released a series of policies to promote the development of "night economy". In response, all parts of the region have actively carried out "night economy" activities such as night eating-out, night viewing, night entertainment, night shopping and etc., through which the "traveler flow" turns into "traveler stay", thereby effectively activating night consumption and boosting economic growth.
 
A number of national-level night culture and tourism consumption clusters, such as the "Three Streets and Two Alleys" in Nanning, ASEAN Culture and Tourism Area in Nanning, Yueye Dong Village in Liuzhou, East West Street in Guilin, Rongchuang Tourist Resort in Guilin, and Taiping Ancient Town Block in Chongzuo, have become the model for the development of "night economy" in Guangxi.
 
To upgrade night consumption, Guangxi recently issued 'Several Measures to Further Promote Consumption', proposing to encourage sellers to stay open late and focus on cultivating and building a number of night culture and tourism consumption clusters that integrate night dining, night shopping, night tour, etc. with strong driving ability, so as to guide all localities to make efforts in "differentiation", "specialization" and "characterization" and promote upgrading of night consumption carriers.
 
"Night economy has played an increasingly important engine role in releasing consumption vitality and promoting economic growth. We will continue to promote the innovation and development of night economy, advance the integration of business, culture and tourism, vigorously develop new business formats and foster new scenes of night consumption, activate new hot spots of night consumption, and empower the upgrade of urban economy," said Lai Fuqiang, deputy director of the Department of Culture and Tourism of Guangxi Zhuang Autonomous Region.
 
The "Three Streets and Two Alleys", located in the downtown Nanning, are historically an important commercial and cultural landmark in Nanning, also known as the first batch of national-level travel and leisure blocks. The lane culture in southern China represented by the "Three Streets and Two Alleys" arose in the Song Dynasty. The area where it is located is the birthplace of Yongzhou Ancient Town can be traced back to the Song Dynasty, and it is also the base site of the city wall and moat of Nanning in the Ming and Qing Dynasties.
 
In recent years, promoted by multiple favorable policies such as old city renovation and urban renewal, the once outdated "Three Streets and Two Alleys" have also taken a new lease of life. Through innovative and diversified business formats, the cultural and historical heritage typical of Nanning has been displayed thereby.
 
When the evening lights are lit, a large number of tourists visit and stroll about the architectural blocks reminiscent of those in the Ming and Qing Dynasties. In the bazaar brimming with an antique flavor are many special stalls such as sugar painting, oil tea making, paper fan painting, and handicrafts, presenting a dazzling array of beautiful exhibits. Street vendors peddle along the street, and residents and tourists come and go in the hustle and bustle.
 
It is the worldly life brimming with vitality that warms the hearts of people the most. The "night economy" plays a significant role in stimulating domestic demand and serving people's livelihood, and its prosperity has become an indicator for measuring the vitality of a city.
 
As the night closes in, the street market in Nanning ASEAN Culture and Tourism Area is as bright as daytime, flowing with light and color. In recent years, centering on the theme of "Window of ASEAN - Charm of Qingxiu", Nanning ASEAN Culture and Tourism Area has organically integrated ASEAN elements with Zhuang customs, which is reflected in urban construction and leisure consumption, thereby becoming a window to show the innovative achievements reaped by China-ASEAN openness and cooperation.
 
Nowadays, Nanning ASEAN Culture and Tourism Area has gathered more than 2,000 night business entities, and developed eight night-themed consumption activities: Green City Night Scene, ASEAN Night Banquet, Mixc Night Shopping, Fashion Night Entertainment, Xinbo Night Accommodation, Zhuang Brocade Night Show, Green Hill Night Health Care and Book Sea Night Reading.
 
On the night of late autumn, East West Street of Guilin is ablaze with lights, bustling with vitality and full of tourists. East West Street, famous for its "old city walls and streets", has witnessed the rise and fall of Guilin for more than 1,000 years and held high historical and cultural value. In 2013, CPC Guilin Municipal Committee and People's Government of Guilin Municipality launched the restoration and reconstruction project of East West Street to build a historical, cultural and leisure street by adding modern elements while preserving its original appearance.
 
After the opening of East West Street in 2016, it immediately became a new landmark of cultural tourism in downtown Guilin. The East West Street actively introduces characteristic brands in terms of business format, gathers famous brands and shops, and provides one-stop services for eating, drinking, playing, enjoying, traveling, shopping and entertainment.
 
"There is a large flow of people in the East West Street, especially during holidays and evenings. I will come here to sell trinkets after work, and the income is very good," said Ms. Zhang, the owner of the trinket stall.
 
Source: The Department of Culture and Tourism of Guangxi Zhuang Autonomous Region

IOI CITY MALL'S GBI CERTIFICATION ACCELERATES IOIPG'S ESG COMMITMENT AMIDST INCREASING STAKEHOLDER EXPECTATIONS

^{Ar. Serina Hijjas, Chairman of the Green Building Index Accreditation Panel (GBIAP) presenting the GBI certificate to Dato’ Voon Tin Yow, CEO of IOIPG at IOI City Tower 2. Also present are IOIPG senior management, representatives from GBIAP and BGreen Associates Sdn Bhd.​}


PUTRAJAYA, Oct 25 (Bernama) -- IOI Properties Group (IOIPG) is pleased to announce that IOI City Mall has received the Green Building Index (GBI) certification under Non-Residential Existing Building (NREB).   
 
GBI is Malaysia’s first comprehensive green rating system developed by Pertubuhan Arkitek Malaysia (PAM) and the Association of Consulting Engineers Malaysia (ACEM). It evaluates the environmental design and performance of Malaysian buildings.
 
Over the years, regulators and investors have been increasing their expectations on businesses to enhance their Environmental, Social and Governance (ESG) performance while mall tenants and customers have become more aware of sustainable business practices. 

Subsequently, these greater expectations among stakeholders have accelerated a shift towards a greener and more resilient economy as businesses are more resilient if ESG risks and opportunities are well-managed. 
 
IOIPG has implemented ESG initiatives across its business segments, prioritising the integration of green building design and adopting the Low Carbon Cities Framework across our developments. 
 
“The GBI certification of IOI City Mall marks an exciting milestone in our Sustainability Journey for IOI Properties Group. It reflects the Group’s commitment to operate responsibly, minimising our impact on the environment, as we continue to enhance our value proposition while safeguarding the environment for future generations,” said Dato’ Voon, CEO of IOIPG. 
 
IOI City Mall conserves energy by utilising high-performance glass and wall material to reduce heat buildup along with a double roof design to reduce heat transfer. Additionally, the mall uses a Thermal Energy Storage (TES) system, a highly energy-efficient cooling system that chills water during non-operational hours.  Apart from this, IOI City Mall leverages on a solar PV system to lower energy emissions, reducing emissions equivalent to 2,727.42 tCO₂/year in FY2022. 
 
Meanwhile, IOI City Mall has installed water-saving features at public toilets along with water sub-meters to monitor for leakages.  IOI City Mall also emphasises on maintaining indoor environment quality by ensuring that fresh air, thermal comfort and optimum lighting are provided. 

As an environmentally-conscious shopping and lifestyle destination, IOI City Mall has also committed to reducing pollution and lowering carbon footprint with a bus terminal facility within its premises to encourage the use of public transport as well as equipping its carpark facility with a parking guidance system and a ticketless License Plate Recognition (LPR) system. 
 
“GBI is proud of IOIPG’s commitment towards the green industry, which augurs well for a sustainable and environment friendly built environment for the present and future generations of the country,” said Ar. Serina Hijjas, Chairman of the Green Building Index Accreditation Panel (GBIAP).
 
“GBI also acknowledges the enormous efforts of IOI City Mall’s focus towards achieving energy efficiency and CO₂ reduction,” she added.
 
The GBI certification of IOI City Mall is a recognition of IOIPG’s continuous efforts in minimising its environmental impact. This is in line with the Group’s vision as a Trusted. brand that creates sustainable value for stakeholders, demonstrating our commitment to building sustainable communities.

SOURCE : Source:  IOI Properties Group (IOIPG)

CSOP CSI BROKERAGE INDEX DAILY (2X) LEVERAGED PRODUCT (TICKER: 7252.HK) TO LIST ON HKEX

HONG KONG, Oct 19 (Bernama-BUSINESS WIRE) -- CSOP Asset Management Limited (“CSOP”) is happy to announce the listing of CSOP CSI Brokerage Index Daily (2x) Leveraged Product (ticker: 7252.HK) on Hong Kong Stock Exchange. 7252.HK aims to help investors capture the short-term investment opportunities of China brokerage sector of A Shares. Tracking CSI All Share Investment Banking & Brokerage Index (the “Index”), 7252.HK intends to adopt a swap-based synthetic replication strategy to achieve the investment objective, which is 2x performance of the index on a daily basis. With listing price at around HKD 7.8 per unit, trading lot of 100, CSOP CSI Brokerage Index Daily (2x) Leveraged Product will start to trade on 19 October, 2022. Upon listing, 7252.HK has received USD 5 million, HKD 39 million equivalent initial investment.

As the direct beneficiary of the bull market, China brokerage (“brokerage”) sector is highly correlated to China A Shares performance. In a bull market, brokerage sector will be boosted by the growth of its major business of brokerage, proprietary investment, security lending, asset management, IPO, etc. tending to deliver an amplified performance of the China A Shares. According to historical data, in previous major market recoveries, the brokerage sector was always the first to rebound as the bull market indicator and outperformed the Shanghai Composite Index and CSI300 by a large margin. In the 2014-2015 bull market, the CSI All Share Investment Banking & Brokerage Index accumulated a gain of over 250%, almost 2 times of Shanghai Composite Index and CSI300 index respectively¹. The amplified performance and higher volatility of China A Shares brokerage sector in a bull market implies short-term trading opportunities for tactical investors. Worth noticing, as of 26 September, 2022, the price-to-book ratio (P/B) of the sector is only 1.16, while the valuation of some head brokerages is close to or even below 1x P/B, which is at the bottom of history², potential market recovery implies investment opportunities.

Designed to reflect the overall performance of China A Shares brokerage sector, CSI All Share Investment Banking & Brokerage Index comprehensively covers up to 50 financial institutions whose primary business is investment banking and brokerage, including equities and fixed income underwriting, merger and acquisitions, security lending and advisory business. It is one of the most widely benchmarked thematic indices in China domestic market, which is extensively tracked by 26 funds with AUM totaled RMB 98.6 billion³.

As a renowned ETF manager in Hong Kong and Singapore, CSOP has already dedicated to providing ETFs/ETPs to global investors for 10 years with half of the top traded ETFs/ETPs in Hong Kong being from CSOP⁴. Moreover, as a dominant leader in HK leveraged and inverse products market with more than 98% and 94% market shares in terms of average daily turnover and asset under management respectively⁵, CSOP is well recognized and popular among investors as a reliable brand. “I believe that 7252.HK will be a good addition to our leveraged and inverse product spectrum, providing tactical investment opportunities to investors who look for amplified short term investment opportunities of China A Shares market,” Ms. Ding Chen, CEO of CSOP Asset Management comments.

About CSOP Asset Management Limited

CSOP Asset Management Limited (“CSOP”) was founded in 2008 as the first offshore asset manager set up by a regulated asset management company in China. With a dedicated focus on China investing, CSOP manages public and private funds, as well as providing investment advisory services to Asian and global investors. In addition, CSOP is best known as an ETF leader in Asia. As of 31 August 2022, CSOP has more than USD 12 billion in assets under management.

This material has not been reviewed by the Securities and Futures Commission.

Issuer: CSOP Asset Management Limited

Please refer to the offering documents for the index provider disclaimer.

IMPORTANT: Investment involves risks. Investment value may rise or fall. Past performance information presented is not indicative of future performance. Investors should refer to the Prospectus and the Product Key Facts Statement for further details, including product features and risk factors. Investors should not base on this website alone to make investment decisions.

CSOP CSI Brokerage Index Daily (2x) Leveraged Product (the “Product”) is a sub-fund of CSOP Leveraged and Inverse Series II, an umbrella unit trust established under Hong Kong law. Units of the Product (the “Units”) are traded in HKD on The Stock Exchange of Hong Kong Limited (the “SEHK”) like stocks. It is a swap-based product with an investment objective to provide Daily investment results, before fees and expenses, which closely correspond to twice (2x) the Daily performance of the Index.

Index Provider Disclaimer:

The CSI All Share Investment Banking & Brokerage Index (“Index”) is compiled and calculated by China Securities Index Co., Ltd. (“CSI”). All copyright in the Index values and constituent list vest in CSI. CSI will apply all necessary means to ensure the accuracy of the Index. However, CSI does not guarantee its instantaneity, completeness or accuracy, nor shall it be liable (whether in negligence or otherwise) to any person for any error in the Index or under any obligation to advise any person of any error therein.
______________________
¹ Bloomberg
² Wind, as of September 20, 2022.
³ China Securities Index
⁴ CSOP, as of September 2022
⁵ CSOP, as of September 2022

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20221018005645/en/

Contact

For further information, please contact
CSOP Asset Management Limited
Larry Wang / 3406 5613 / larry.wang@csopasset.com
Tina Shu / 3406 5675 / tina.shu@csopasset.com

Source : CSOP Asset Management Limited

Canva crosses 100 million mark in monthly active users

 

KUALA LUMPUR, Oct 14 (Bernama) -- Global visual communications platform, Canva, has announced that its number of users has surged to more than 100 million people in 190 countries per month, following the recent launch of Canva’s Visual Worksuite.

The platform gained over 15 million additional monthly active users as teams, schools and workplaces embrace the ability to communicate visually on any device, from anywhere in the world.

“We are incredibly proud to mark this milestone moment on our mission to empower the whole world to design.

“Our continued growth demonstrates the huge demand for a collaborative, simple and all-in-one platform that empowers all kinds of teams in all kinds of workplaces to unlock their creativity and achieve their goals without complexity,” said Canva co-founder and chief executive officer, Melanie Perkins in a statement.

Canva’s sustained growth is a testament to the company becoming the visual communication platform of choice globally.

The ease of use, collaborative nature and breadth of Canva’s product suite has seen increased adoption across the globe, with workplace usage soaring across a wide variety of professions and industries.

This demand is evidenced by the more than 10,000 current jobs on LinkedIn listing Canva as a desired skill by companies, including American Express, Amazon, TikTok, LEGO and Google.

As the demand for visual communication in the workplace rises, Canva continues to be dedicated to building a full suite of visual communication products that power the modern workforce for the future of work across every industry.

-- BERNAMA

2022 CHUNGBUK BEST PRODUCT PROMOTION OPENS IN MALAYSIA TO DEVELOP MARKET FOR PROMISING EXPORT COMPANIES IN CHUNGCHEONGBUK-DO PROVINCE

- 33 Korean companies exhibit and sell their products in Kuala Lumpur, Malaysia from October 17 to October 19


CHEONGJU, South Korea & KUALA LUMPUR, Malaysia, Oct 14 (Bernama-BUSINESS WIRE) -- Chungcheongbuk-do has started to secure export channels for promising exporters in North Chungcheong Province to the Malaysian market.

The 2022 CHUNGBUK BEST PRODUCT PROMOTION will be held by Chungcheongbuk-do and Chungbuk Business Agency for three days from October 17 (Mon) to 19 (Wed) at Intermark Mall located in Kuala Lumpur, Malaysia.

33 companies from Chungcheongbuk-do province will introduce excellent products to local citizens in Malaysia through the event. About 100 types of excellent quality products such as food, cosmetics, quarantine products, and pet products of companies in Chungcheongbuk-do Province will be showcased and sold at the promotion.

The event will be organized in various ways such as tasting events and surveys to promote and sell Chungbuk products while consumers can experience and express their opinions on the products.

In addition, corporate visitors interested in Chungbuk products displayed at the promotional exhibition can also have a 1 on 1 business meeting at the site.

The major companies in Chungcheongbuk-do participating in the promotion are as follows.

From The Nature (Mask Trouble Care Mist)
CoreGreen Co.,Ltd (Ilpoom Seasoning)
Gong Food Korea (Perilla Poder)
Chowol red Ginseng (Red Ginseng Stick)
BAC KOREA Co., Ltd (Bbac Lab Recovering)
KOMEGA (Perilla Oil)
AK21 CO., LTD. (Mask)
Bijounine (Dr. AG CICA Cream)

An official from the Chungcheongbuk-do Business Promotion Agency, the organizer of the promotion, said, “2022 CHUNGBUK BEST PRODUCT PROMOTION will be a good opportunity to promote the excellent quality products of Chungcheongbuk-do companies to the world.”

Intermark Mall, the venue for the promotion, is located in:
The Intermark, Intermark Mall, 348, Jln Tun Razak, 50400 Kuala Lumpur, Malaysia, and the event runs from 8 a.m. to 8 p.m.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20221013005509/en/

Contact

Chungcheongbuk-do Business Agency
JUNHOKOREA
Sang Hoon Park
project-6@kocean21.com

Source : Chungbuk Business Agency

TDCX DEBUTS IN TÜRKIYE TO TAP GROWING MARKET

KUALA LUMPUR, Oct 12 (Bernama) -- TDCX Inc (TDCX), a high-growth digital customer experience solutions provider for technology and blue-chip companies, has announced its entry into Türkiye to tap the growing local market.

In a statement, the company said the Türkiye campus was TDCX’s 27th as the company continues its global expansion strategy.

“Türkiye is a fast-growing business destination, driven by its strategic location, large domestic market, attractive digital talent pool and strong research and development and innovation culture.

“Given our expertise in helping innovative companies deliver customer experience solutions, we see strong potential for our services in Türkiye.

“We have been supporting many of our clients in their expansion into new markets and plan to do the same here,” said TDCX founder and chief executive officer, Laurent Junique.

He added that the company plans to open campuses in countries such as Brazil, Indonesia, and Vietnam in the next 12 months.

TDCX’s Türkiye campus strengthens TDCX’s network and its capability to offer services in the Turkish and Arabic languages, in addition to European languages such as German.

The move will also enable the company to serve the growing Middle East market better, on the back of strong demand from brands.

The campus will be helmed by Sophie Chelmick, TDCX’s senior vice-president of its Europe, Middle East and Africa operations.

Chelmick has over 15 years of experience in managing Pan-European customer operations, and also oversaw the establishment of TDCX’s campuses in Spain and Romania.

More details are available at www.tdcx.com.

-- BERNAMA

MCKINSEY & COMPANY USES AI-POWERED INTELLIGENCE TO DELIVER CUSTOMER-CENTRIC EXPERIENCES WITH CUSTOMERONE

CustomerOne extends the power of AI-powered decision-making, using its proven, comprehensive approach to help organizations drive up to 20% revenue growth     


NEW YORK and LONDON, Oct 12 (Bernama-GLOBE NEWSWIRE) -- Today, marketing and sales teams have to connect with their consumers and buyers in entirely new ways. But disjointed data, complex tech stacks, and siloed work practices can derail those efforts.

That’s why McKinsey & Company is extending the power of CustomerOne’s proven, comprehensive approach. By driving personalization at scale, sales growth, and enabling data-driven pricing, organizations in any industry can achieve 10-20% revenue growth.

Powered by QuantumBlack, AI by McKinsey, CustomerOne uses a Hybrid intelligence approach, combining human understanding with machine and AI intelligence, to reveal customer insights, identify opportunities for growth, and deliver lasting impact at speed. It also delivers agile operating models and builds capabilities to transform critical insights into customer action.

Surface Actionable Insights with End-to-End Growth Transformations
Customer preferences, demands, and dynamics are rapidly shifting. For organizations with siloed functions and complex technology stacks, it is challenging to stay in lock step with their customers. The data boom, as well as the proliferation and convergence of sales channels, makes this challenge even harder. To capture the right moments across every channel, identify new growth horizons, and capture long-term value, these organizations need an end-to-end approach that aligns technology with deep expertise.

CustomerOne seamlessly integrates strategy, technology, AI-powered growth capabilities, and implementation accelerators. It drives top-line growth, creates long-term customer value, and helps marketing and sales teams achieve higher returns by optimizing efficiency and effectiveness across the entire sales funnel.

“We have seen a lot of seismic shifts in the way consumers and buyers are changing,” said Kelsey Robinson, Senior Partner, McKinsey & Company. “They have tremendous power. The ability for marketing and sales teams to succeed in this new world hinges on what they do with the incredible amounts of consumer-permissioned data to get closer to the customer, personalize experiences, and create ‘ignite’ moments.”
  
CustomerOne’s expanded set of domain capabilities includes:      

• Personalization and Customer Value Management: Drives personalization at scale by integrating unified customer data, machine learning algorithms, and analytics, so marketers can derive the right insights and act on them. Outperforming companies achieve 40% more of their revenue from personalization than their peers.
• Sales Growth: AI-powered capabilities enable sales teams to win new customers, increase customer retention, and drive loyalty. Companies that do this well drive 10-20% revenue growth.
• B2B Pricing: Helps organizations analyze complex market dynamics, including customer willingness to pay, customer and product segmentation, and contract performance. CustomerOne uses the outputs to dynamically manage pricing and performance, and achieve above-market improvements. Companies that use data-driven pricing achieve 2-7% return on sales by expanding their margins.

“Successful change extends across the commercial organization. From the strategic decision on where and how to grow, to the insights that inform each customer interaction, most organizations struggle when it comes to putting the right talent, expertise, capabilities, and technology into one comprehensive approach to drive change. The extension of CustomerOne brings our capabilities together as one to drive faster end-to-end transformations for our clients across industries,” said Stuart Schardin, Partner at McKinsey & Company.

“Even in the best of times, growth is not easy. In fact, 25% of companies don’t grow at all,” said Jeff Hart, Partner, McKinsey & Company. “At the core of what we do is to help our clients across industries meet this moment with a proven, technology-enabled approach that makes it easier to consume insights and recommendations, and quickly unlock new growth opportunities. For example, a logistics company using this approach was able to expand its margins by 44%, while a chemical company achieved 2% return on sales in a matter of six weeks.”

To learn more about CustomerOne, click here.

About McKinsey Growth, Marketing & Sales
The mission of the McKinsey Growth, Marketing & Sales Practice is to help leaders of both consumer and business-to-business clients create Growth That Matters through meaningful transformations and marketing-driven profit. The practice helps our clients set their strategic direction, develop their marketing and sales capabilities, and connect their organization to realize the full potential of today's omnichannel opportunities. Clients benefit from McKinsey’s experience in core areas of marketing, B2B and B2C pricing, customer experience, and sales and channel management.

For further information please contact:

US: Digennaro Communications
MaryLiz Ghanem – EL
McKinsey-DiGennaro@digennaro-usa.com
917-518-8422

UK: 3THINKRS
Ruth Jones / Becca Ross
mckinsey@3thinkrs.com
+44 208 0872843 

SOURCE : McKinsey & Company

THE OKURA TOKYO WINS CONDÉ NAST TRAVELER 2022 AWARDS, VOTED TOP SPA OF JAPAN AT THE CRYSTAL AWARDS 2022

^{The Okura Tokyo (Photo: Business Wire)}


TOKYO, Oct 11 (Bernama-BUSINESS WIRE) -- The Okura Tokyo is pleased to announce that The Okura Tokyo has been awarded second place in the top hotels in Japan category and clinched the top spot in Tokyo in the Condé Nast Traveler 2022 Readers’ Choice Awards. In addition, The Okura Fitness & Spa was voted the “Top Spa of Japan” at the Crystal Award 2022.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221007005175/en/

 

In the run-up to the Condé Nast Traveler Awards, more than 240,000 readers submitted responses rating their travel experiences across the globe, providing a full snapshot of the destinations and properties they most enjoyed this year. The Readers’ Choice Awards constitute the longest-running and most prestigious recognition program in the travel industry; the full list of 2022 winners can be found at https://www.cntraveler.com/gallery/top-hotels-in-japan.

The Crystal Awards are co-sponsored by Spa & Wellness Japan and Conceptasia Management & Consulting Ltd. Around 130 spas across the country are selected by industry experts, with spa users and travel journalists asked to vote for their favorite from among these. Based on the total number of votes each receives, the top 10 most popular are selected, with the spa garnering the most votes earning the 1st prize and the title of “Top Spa of Japan”.

Kenji Takayanagi, General Manager, The Okura Tokyo, commented, “It is a great honor to once again be selected as Tokyo’s top hotel in these awards, following our success last year. In addition, the Top Spa award shows just how much else we have to offer discerning guests. These awards will spur me and my team to continue listening to our customers and doing everything we can to make their stay comfortable and rewarding.”

About Okura Fitness & Spa

Located on the 27th floor of The Okura Prestige Tower, Okura Fitness & Spa boasts a total of seven treatment rooms that offer panoramic views of the Tokyo cityscape. Five different facial and body courses are available, based on the philosophy of the “Five Elements”, an ancient Eastern philosophy that everything is made up of five elements: wood, fire, earth, metal, and water. Okura Fitness & Spa is also the first spa in Japan to offer ANNAYAKE, which combines Japanese and Western ideas and features products derived from natural ingredients.

About The Okura Tokyo

Opened in September 2019, The Okura Tokyo is the Okura Group’s flagship luxury brand hotel. The hotel consists of two buildings: The Okura Heritage Wing, a 17-story tower enveloped in an air of elegance and tranquility, and The Okura Prestige Tower, a 41-story tower that meets modern-day needs for dynamism and functionality while also maintaining a uniquely Japanese accent. There are a total of 508 guestrooms in the hotel, and it is home to five restaurants offering a range of Japanese cuisine, including "Yamazato", offering fine Japanese dining, and "Sazanka", serving teppanyaki. There are additionally two bars, a tea ceremony room, 19 banquet rooms including the Heian Room (area approx. 2,000 m²) and the Okura Fitness & Spa facility.

Official Website: https://theokuratokyo.jp/en/
Okura Fitness & Spa: https://theokuratokyo.jp/en/experience/fitness_spa/
Official Instagram Account: https://www.instagram.com/theokuratokyo/
The Okura Tokyo Factsheet: https://theokuratokyo.jp/en/press_room/factbook/factbook.pdf

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20221007005175/en/

Contact

Media Contacts
Ms. Ikuko Arai, Mr. Ryutaro Suzuki
Public Relations
Hotel Okura Co., Ltd.
Phone: +81 (0)3 6685 8994
E-mail: pr@hotelokura.co.jp

Source : Hotel Okura Co., Ltd.

IS MALAYSIA HEADING FOR A RECESSION IN 2023?

KUALA LUMPUR, Oct 5 (Bernama) -- For the past three quarters up to June 2022, the Malaysian economy has been steadily improving: GDP has increased and unemployment rates have dropped. Yet there may be headwinds ahead. With the ongoing conflict in Ukraine, monetary tightening in the US and Europe, China’s economic contraction, and other factors, the World Bank and the IMF are forecasting a global economic slowdown in 2023. This gloomy scenario contrasts with the government’s more optimistic projections for Malaysia which begs the question: how will the Malaysian economy fare in the coming years?
 
To address this question as well as other areas of concern to businesses and Malaysians, the Perdana Leadership Foundation is organising its ninth PLF CEO Forum themed “Major Trends Impacting the Malaysian Economy (and You)” on the 1st of November 2022 at the Berjaya Times Square Convention Centre in Kuala Lumpur.
 
The Forum will bring together more than 30 CEOs, industry experts, and senior government officials to discuss issues that range from the macro to the socio-economic to the industry-specific. A highlight of the event is the Closing Keynote Address by none other than former Prime Minister, Tun Dr Mahathir Mohamad, who will share his thoughts on “What Does the Future Hold for Malaysia?”
 
“To say that the coming years will be challenging for business and individuals would be an understatement. Given the events that are unfolding - many of them unforeseen or with unforeseen consequences, such as the war in Europe - and the pace of technological change, it can be tough for business leaders to determine the best direction for their business. As in our previous Forums, the aim is to facilitate discussions on major issues and to highlight the risks and opportunities going forward so that business leaders and executives can be better guided in their decisions,” said Tan Sri Azman Hashim, Chairman, Board of Trustees, Perdana Leadership Foundation.
 
The one-day Forum is a unique opportunity for business leaders, managers, and executives to interact and network with CEOs of established corporations and dynamic SMEs as well as senior public officials. With ten plenary, keynote, and concurrent sessions, there would be plenty of insights and actionable ideas to be gained and new connections to be made at the Forum.
 
“PLF is pleased to be able to hold this conference face to face this year at the prestigious Berjaya Times Square Convention Centre, and we are once again honoured to host Tun Dr Mahathir Mohamad as our Closing Keynote Speaker. The sharing of ideas and real-world experience among speakers, and between speakers and participants, at the CEO Forum always yield interesting insights and we look forward to the active discussions that will take place,” said Tan Sri Nik Mohamed Nik Yaacob, Executive Director, Perdana Leadership Foundation.
 
The Forum is the ninth edition organised by Perdana Leadership Foundation, an independent non-profit research and archive leadership institution, with venue sponsorship by Berjaya Corporation Berhad and official venue at Berjaya Times Square Convention Centre. The Forum is also sponsored by Sime Darby Plantation Berhad as Platinum Sponsor, IJM Corporation Berhad as Gold Sponsor; Northport (Malaysia) Berhad, AEON Co. (M) Berhad, Malakoff Corporation Berhad, and Boustead Plantations Berhad as Bronze Sponsors.
 
Tickets with Early Bird discounts for the Forum start from RM330 per person until 15^th October. Visit www.perdanaceoforum.com to purchase seats and for more information.

About Perdana Leadership Foundation
www.perdana.org.my

The Foundation is a non-profit organisation established in 2003 to document, disseminate, research, and archive materials related to the past Prime Ministers of Malaysia, and nation-building. The Foundation intends to become the premier institution for the study of Malaysia’s Prime Ministers and the central resource centre for research into national stewardship as well as a platform for reflection, debate, and discussion with distinguished figures in Malaysian leadership. Our Honorary President is the fourth and seventh Prime Minister of Malaysia, YAB Tun Dr Mahathir Mohamad. To date, we have digitised more than 500k materials, half of which are available for free through our website www.perdana.org.my. Membership of our Perdana Library is free, and members also get to enjoy the library’s physical facilities located in a cosy enclave in Precinct 8, Putrajaya. 


Please click here for Agenda.


SOURCE : Perdana Leadership Foundation

SPRINKLR EXPANDS RESEARCH AND DEVELOPMENT CENTER IN SINGAPORE

The company will add more than 70 skilled professionals by 2025 to its Asia Pacific Headquarters

Leading companies in Singapore – including Changi Airport Group, StarHub, and Standard Chartered Singapore – are improving digital customer experiences with Sprinklr


NEW YORK, Oct 3 (Bernama-BUSINESS WIRE) -- Sprinklr (NYSE: CXM), the unified customer experience management (Unified-CXM) platform for modern enterprises, announced today that the company will expand operations in Singapore. Supported by the Singapore Economic Development Board (EDB), Sprinklr plans to more than quadruple the size of the company’s Research and Development (R&D) Center to up to roughly 100 skilled professionals over the next 36 months.

By expanding its Singapore R&D center, Sprinklr will continue to strengthen the company's position as the leading Unified-CXM provider, supporting brands in Singapore and Asia Pacific such as Standard Chartered Singapore, StarHub, and Changi Airport Group.

“Sprinklr's R&D center expansion comes amid a broader demand for technology solutions and digital adoption across Asia. Singapore's culture of innovation and globally competitive talent pool makes it well-placed to drive AI technology research to develop solutions for customers worldwide. We look forward to Sprinklr's new technologies that will enrich our digital ecosystem,” said Chan Ih-Ming, Executive Director and Head, Digital Industry Singapore (DISG).

Researchers in Singapore will be at the forefront of evolving Sprinklr’s sophisticated AI technology that enables the largest brands in the world to manage customer experiences across 30+ digital channels and more than 170 languages.

“The shift to digital is inevitable. Consumers do everything on their mobile phones,” says Aalishaan Zaidi, Global Head, Personal Banking, Standard Chartered. “Sprinklr’s Unified-CXM platform helps us serve customers through their channels of choice, be it a chatbot, social platform, or messaging app, like WeChat or WhatsApp. We think omni-channel CX, coupled with AI and analytics, is the only way forward.”

“Sprinklr selected Singapore as the company’s Asia Pacific Headquarters in recognition of its position as a regional hub for technology, innovation, and business,” said Sprinklr Founder and CEO, Ragy Thomas. “Singapore provides Sprinklr access to an exceptional talent pool and serves as a gateway as we scale our business across the region.”

The company has already started recruiting and investing in engineers in the Singapore office to support Sprinklr operations and strategic growth across the globe.

For more information, please visit https://www.sprinklr.com/.

About Sprinklr

Sprinklr is a leading enterprise software company for all customer-facing functions. With advanced AI, Sprinklr's unified customer experience management (Unified-CXM) platform helps companies deliver human experiences to every customer, every time, across any modern channel. Headquartered in New York City with employees around the world, Sprinklr works with more than 1,000 of the world’s most valuable enterprises — global brands like Microsoft, P&G, Samsung and more than 50% of the Fortune 100.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20221002005006/en/

Contact

Press
Austin DeArman
pr@sprinklr.com

Source : Sprinklr