Troy Animal Healthcare Strengthens Quality Operations with Veeva Vault Quality
Troy Animal Healthcare Strengthens Quality Operations with Veeva Vault Quality

Australian animal health leader adopts Veeva Vault QualityDocs and Veeva Vault Training for greater efficiency and compliance SYDNEY, May 17, 2024 /PRNewswire/ -- Troy Animal Healthcare and Veeva Systems (NYSE: VEEV) today announced Troy's selection of Veeva Vault QualityDocs and Veeva Vault Training to simplify its compliance, content management, and data processes. Troy Animal Healthcare (Troy), the Australian-owned leader in animal healthcare and manufacturing will use Veeva Vault Quality applications to streamline and automate its operations, accelerating the development of novel drugs for animals. "Harmonizing quality and GxP compliance processes will drive efficient quality management across our operations," said Paul Barnett, CEO at Troy. "As the first animal health company in Australia to adopt Veeva Vault QualityDocs and Veeva Vault Training, we are introducing new standards for GxP management, compliance, and collaboration. This is a critical advancement as we continue to provide products for the unmet clinical needs in veterinary health." With Vault QualityDocs, Troy will modernize its GxP document control and SOP management with built-in industry best practices and standardization to ensure compliance. The company will also use Vault Training to develop and assign curriculum digitally, increasing visibility of training requirements. Using quality applications on a single cloud-based platform will increase productivity and GxP compliance while driving more effective audits and inspections. "We are proud to partner with Troy to drive quality excellence across their operations in Australia," said Chris Shim, general manager, Asia R&D and Quality at Veeva. "Veeva Vault Quality will provide a single source for content, streamlining quality processes and workflows to drive innovation across Troy's animal welfare solutions." Vault QualityDocs and Vault Training are a part of Vault Quality Suite, bringing together quality processes, content, lab, and training management applications on a single cloud platform. To learn more, visit veeva.com/ap/VaultQuality. About Troy Animal Healthcare  Established 60 years ago by Australian Veterinarians, Troy Animal Healthcare is committed to delivering innovative, high quality, affordable animal healthcare solutions which meet the challenging and changing needs of veterinary professionals and animal owners. Our search for better clinical outcomes has been the source of our growth for the past 60 years and has been critical to our success. Troy prides itself on being an Australian owned business that meets the high standards of ethics and professionalism that is expected of us by the communities that we serve. Our vision is to be the largest Australian supplier of animal healthcare pharmaceuticals, and we believe that passionate, driven and innovative people are key to bringing this vision to life. For more information, visit troylab.com.au. About Veeva Systems Veeva is the global leader in cloud software for the life sciences industry. Committed to innovation, product excellence, and customer success, Veeva serves more than 1,000 customers, ranging from the world's largest biopharmaceutical companies to emerging biotechs. As a Public Benefit Corporation, Veeva is committed to balancing the interests of all stakeholders, including customers, employees, shareholders, and the industries it serves. For more information, visit veeva.com. Veeva Forward-looking Statements This release contains forward-looking statements regarding Veeva's products and services and the expected results or benefits from use of our products and services. These statements are based on our current expectations. Actual results could differ materially from those provided in this release and we have no obligation to update such statements. There are numerous risks that have the potential to negatively impact our results, including the risks and uncertainties disclosed in our filing on Form 10-K for the fiscal year ended January 31, 2024, which you can find here (a summary of risks which may impact our business can be found on pages 9 and 10), and in our subsequent SEC filings, which you can access at sec.gov.

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SANY Heavy Industry Reports 2023 Earnings: Overseas Revenue Soars to 60% of Core Business Amid Market Pressures, Signaling Strong Global Expansion
SANY Heavy Industry Reports 2023 Earnings: Overseas Revenue Soars to 60% of Core Business Amid Market Pressures, Signaling Strong Global Expansion

SHANGHAI, May 16, 2024 /PRNewswire/ -- SANY Heavy Industry ("SANY" or "the Company"; SSE: 600031), a leading heavy machinery manufacturer, has reported a strong growth in international revenues in its recently announced annual results for 2023. Key Figures for SANY Heavy Industry Reports 2023 Earnings The Company reported RMB 74.02 billion (US$10.43 billion) in total revenues for the year 2023, down 8.44% year-on-year. Despite a challenging market, the decrease in revenue showed a narrowing decline of 15.92 percentage points compared to the previous year's changes. SANY's net profit totaled RMB 4.6 billion (US$648.74 million) in 2023, posting a 4.16% year-on-year expansion. Its net cash flows from operating activities surged by 39.20% to reach RMB 5.7 billion (US$803.87 million). The year 2023 was pivotal for SANY as its international business flourished. In 2023, the Company recorded RMB 43.3 billion (US$6.1 billion) in international business revenues, marking an 18% year-on-year increase and accounting for nearly 60% of its main business revenues. Such significant growth highlights SANY's successful transition to a multinational engineering machinery conglomerate, with its sales spanning over 180 countries and regions. The sales revenues in Asia and Australia amounted to RMB 16.5 billion (US$2.32 billion), up 11.1% year-on-year, while the European region generated RMB 16.25 billion (US$2.3 billion), a substantial growth of 37.97%. The American market brought in RMB 7.58 billion (US$1 billion), rising 6.82%, and the African region contributed RMB 2.92 billion (US$411.8 million), up by 2.56%. "SANY boasts a vibrant overseas market, top-tier partners, and an energetic local team," said Xiang Wenbo, chairman of SANY Heavy Industry. "Looking ahead this year, we remain committed to our 'Globalization, Digitalization and Decarbonization' strategy, as we continue to work with global partners to explore green development." SANY's financial performance in 2023 demonstrated substantial improvements, with a notable increase in gross profit margin to 27.71%, up by 3.67 percentage points from the previous year, exceeding the industry median. Additionally, net profit attributable to shareholders rose to RMB 4.52 billion (US$637.4 million), a 5.53% year-on-year increase, and adjusted net profit after non-recurring items surged by 40.35% to RMB 4.38 billion (US$617.7 million). While the main gross profit margin and net profit margin grew, the Company also drove its operation growth. In terms of product lines, excavating machinery, lifting machinery and road machinery performed strongly during the reporting period. In addition, electric products realized revenues of RMB 3.146 billion (US$449.4 million) and hydrogen energy products realized revenues of RMB 130 million (US$18.6 million). For more information about SANY Group, please visit http://www.sanyglobal.com or follow us on Facebook or YouTube.

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Catch a Glimpse of The Madison 2024 May Live Auction
Catch a Glimpse of The Madison 2024 May Live Auction

HONG KONG and BEIJING, May 16, 2024 /PRNewswire/ -- Following the success of the last live auction in March 2024, Madison Auction is pleased to present their May live sale, which will be held at Island Shangri-La Hotel, Hong Kong, on 18th May, Saturday. The sale contains four categories of products: 346 lots of wines, 56 lots of Spirits, 194 lots of Cuban products and 2 lots of sketch art, with a total estimate of HK$20,000,000 - HK$30,000,000. Madison Auction 2024 May live sale will be held at Island Shangri-La Hotel, Hong Kong, on 18th May, Saturday. The sale contains four categories of products: 346 lots of wines, 56 lots of Spirits, 194 lots of Cuban products and 2 lots of sketch art, with a total estimate of HK$20,000,000 - HK$30,000,000. This sale will be live-streamed on Madison Auction bidding platform (www.madison-auction.com/auctions) and the Madison Auction App (search 'Madison Auction' in your app store) at 11:00am (HKT) on May 18th. Take advantage of the last few days to place your online absentee bid via the bidding platform and app. As the first Hong Kong based luxury lifestyle auction house, Madison Auction (www.madison-auction.com) hosts auctions for the unique pool of high-net-worth clients from APAC and other regions. From cellar valuations, through edgy marketing collateral to sales utilizing innovative technology for live and online sales; Madison Auction provides the industry's most accessible means to consign and to build your collections.  Happy bidding and good luck! Wine | Lot 1 – 346 Madison Auction is delighted to present to you the carefully curated auction that contains 346 lots of wines, with a total estimate of HK$10,000,000 - HK$17,000,000. In this sale, the Burgundy lots are full of gems: 1995 and 1996 Jacques-Frederic Mugnier Musigny Grand Cru (Lot 213 & 214); 2001 René Engel Grands Échézeaux Grand Cru and its 2004 Clos de Vougeot Grand Cru, which is the last vintage of René Engel, the domaine's founder (Lot 318-322); the highly sought-after 1990 Domaine de la Romanée-Conti Assortment (Lot 340), the most iconic 12-bottle assortment from DRC. In addition to the fine wines of France, there are a wide range of wines from different countries in this sale: Keller G-Max Riesling, the king of German dry Rieslings (Lot 283); a few lots of the Conterno Barolo Monfortino Riserva, including the legendary vintage 2002 and the rare magnums (Lot 126 & 127); the top vintage 2013 Sine Qua Non Le Coeur Gagne Assortment (Lot 132); and the very rare Krug Grande Cuvée Brut Released in 2004-2011 (Lot 290). Whisky | Lot 8001– 8056 With these well-chosen whisky lots, here are some jewels for collectors and lovers. When it comes to Scotch whisky, 1958 Macallan 70 proof (Lot 8013) is so rare that almost never been seen at auction; two bottles of Brora 30 Year Old (Lot 8046 & 8047), special released in 2010 and 2009 ; Jimmy Ng, the director of La Casa Cubana in Singapore, has handpicked the casks and launched this 50-year-old Fettercairn distilled in 1966 (Lot 8042). The Japanese whisky drinkers don't miss out the 'The Game' series 8th edition bottled by Chichibu (Lot 8021) and the Yamazaki Single Cask (Lot 8030), distilled in 1984 and not bottled until 2018. Sketch Art | Lot 5001 - 5002 Known as the Tobacco Painter, Milton Bernal Castro (1960) uses wet tobacco leaves atop sketches of iconic figures, giving a unique twist to the painting with earthy hues and textured veins of the leaves. His works have been selected to be a part of the Auction at the Habanos festivals four times; two of them, signed by Fidel Castro Ruz. His collection was exhibited and well-loved in Cuba and Europe, and now it finally arrives in Asia. There are only two pieces of arts available in this May live sale: sketch of the father of modern AC--NikolaTesla, and the Literature Nobel Prize winner--Ernest Hemingway (Lot 5001 & 5002). Cuban Products | Lot 3001 - 3194 We are delighted to present 194 Lots of extremely rare Cuban products, with a total estimate of HK$ 7,000,000 -  HK$ 11,000,000. Recommendation 1996 Domaine Jacques-Frederic Mugnier Musigny Grand CruLot 2133 Bottles | Overall: Great | Ullage: 1.8cm below capsule or better, Label: Very slightly bin soiled, US importEst. HK$ 35,000 - HK$ 60,000 1995 Domaine Jacques-Frederic Mugnier Musigny Grand CruLot 2142 Bottles | Overall: Great | Ullage: 1.4cm below capsule or better, Label: Slightly creased, US importEst. HK$ 24,000 - HK$ 42,000 The Jacques-Frederic Mugnier Musigny Grand Cru was very popular at March auction of this year and is back again, offering collectors a great opportunity to get their two excellent vintages wines from 1995 and 1996. 2002 Giacomo Conterno Barolo Monfortino RiservaLot 1261 Magnum | Overall: Great, Label: Slightly bin soiled | WA 98Est. HK$ 11,000 - HK$ 19,000 Though 2002 was not a strong vintage for Italy, Giacomo Conteno, the king of Italian Barolo, was able to produce very high quality and classic Barolo Monfortino. Moreover, it is only made in great vintages! Giovanni Conterno, the owner of the estate, passed away in 2004, and Antonio Galloni, the famous Italian wine critic, described the 2002 Barolo Monfortino as 'the most fitting last chapter to the life of one of the world's greatest winemakers', and 'one of the greatest Monfortinos ever made', and scored it 98 points, which shows its excellent quality and high memorial value. This auction features a few of the Conterno Barolo Monfortino Riserva, including this legendary 2002 with the rare magnums! 2015 Weingut Keller G-Max RieslingLot 2832 Bottles | Overall: Great, Ullage: 2cm below capsule or betterEst. HK$ 18,000 - HK$ 32,000 Keller G-Max Riesling, the king of German dry Rieslings, is renowned around the world, and for those who want to try some of the best dry Rieslings, this rare gem will not disappoint. RENE ENGEL CLOS DE VOUGEOT DUOLot 3182 Bottles | Overall: PerfectEst. HK$ 17,000 - HK$ 30,000 1999 Domaine René Engel Clos de Vougeot Grand Cru(1) 2004 Domaine René Engel Clos de Vougeot Grand Cru(1) Known as the "Lost Legend of Burgundy", René Engel's wines have always been highly sought after by collectors. René Engel was respected as the teacher of Henri Jayer. He stopped making wines in 2004. In this sale, we offer you five outstanding quality lots from the domaine (Lot 318-322) - the Clos de Vougeot Grand Cru from the last vintage of René Engel, and the Grands Échézeaux Grand Cru, the best wines from the domainel. 1990 DOMAINE DE LA ROMANÉE-CONTI ASSORTMENTLot 34012 Bottles, OW | Overall: Great | Ullage: 1.2cm (Grands-Echezeaux), 1.7cm or better (Richebourg), 1.5cm or better (Romanee-St-Vivant), 3cm or better (La Tache), 1.7cm (Romanee-Conti) below capsules | Label: Perfect, US import, Cork: Four slightly sunken : Richebourg (2), Echezeaux (1), La Tache (1) | Other: 7,446 bottles produced (Romanee-Conti)Est. HK$ 320,000 - HK$ 550,000 1990 Domaine de la Romanée-Conti 1.   Romanée-Conti Grand Cru (1)2.   La Tâche Grand Cru (3)3.   Richebourg Grand Cru (2)4.   Grands Échézeaux Grand Cru (1)5.   Échézeaux Grand Cru (2)6.   Romanée-Saint-Vivant Grand Cru (3) The most iconic 12-bottle assortment from DRC has always been the darling in our auctions, and this time we are presenting the best of the 1990s - 1990 DRC Assortment. Do not miss out! NV Krug Grande Cuvée Brut (Released in 2004-2011)Lot 29012 Bottles | Overall: Great | Ullage: 1.5cm from bottoms, Label: Two slightly nicked, one very slightly scuffedEst. HK$ 18,000 - HK$ 32,000 Krug has always been our old friend in the auctions. In this sale, we offer you a very rare Grande Cuvée Brut Released in 2004-2011, which is hard to find for Champagne drinkers. Bid NOW! 2013 SINE QUA NON LE COEUR GAGNE ASSORTMENTLot 1326 Bottles, OWC | Overall: perfet | Ullage: 1.5cm from bottoms, Label: Two slightly nicked, one very slightly scuffedEst. HK$ 13,000 - HK$ 22,000 2013 Sine Qua Non1.Le Supplement Syrah(3)2.Jusqu'a l'os Grenache(3) As one of the most popular American cult wine estate, Sine Qua Non, is also one of the stars in our sales. This time we have the top vintage 2013 Le Coeur Gagne Assortment. Place your bid! 1966 Fettercairn 50 Year Old, Hand Selected By Mr. Jimmy Ng For the Friends of La Casa CubanaLot 8042 1 Bottle, GB | Overall: Perfect | Bottled: 15th December 2017, Abv: 50.6%, Vol: 700ml | Other: Single MaltEst. HK$ 48,000 - HK$ 85,000 Jimmy Ng, the director of La Casa Cubana in Singapore, has handpicked the casks and launched this 50-year-old Fettercairn, which is also the oldest whisky produced by this distillery, so cigar lovers may want to keep an eye out for. Brora 30 Year Old Special Release 2010Lot 80461 Bottle, OC | Overall: Perfet | Bottled: 2010, Bottle Number: 0896 | Abv: 54.3%, Vol: 700ml, Other: Single Malt, 3,000 bottles produced | WF 91Est. HK$ 9,500 - HK$ 17,000 Brora 30 Year Old Special Release 2009Lot 80471 Bottle, OC | Overall: Great, Label: Very slightly scratched | Bottled: 2009, Bottle Number: 0222 | Abv: 53.2%, Vol: 700ml, Other: Single Malt, 2,652 bottles produced | WF 91Est. HK$ 13,000 - HK$ 22,000 Brora is no stranger to the whisky world and is a favorite of many whisky drinkers. In this sale we present two bottles of Brora 30 Year Old, a 2010 and a 2009 special release respectively, both of which scored 91 points from Whiskyfun, will not disappoint collectors and drinkers alike! 1958 Macallan 70 ProofLot 80131 Bottle | Overall: Perfect | Barrel Type: Sherry wood, Abv: 40%, Vol: 750ml | Other: Single MaltEst. HK$ 26,000 - HK$ 45,000 Macallan always surprises us - 1958 Macallan 70 proof in perfect condition; it is so rare that almost never been seen at auction. Do not miss out this rare gem! 1984 Yamazaki Single Cask, #WE2004Lot 80301 Bottle, GB | Overall: Perfect | Bottled: 2018, Barrel Type: Puncheon | Abv: 56%, Vol: 700ml, Other: Single MaltEst. HK$ 110,000 - HK$ 200,000 The Japanese whisky lots are also not to be underestimated. Collectors of Hanyu 'The Game' series should not miss out the 8th edition bottled by Chichibu, which was created by Ichiro Akuto, the grandson of Hanyu's founder. We continue to accept consignments for our next  Auction – Please contact us for an estimation on your collection.Email: consignment@madison-auction.comTel: +852 3188 6613 Madison Auction Unit 801, 8/F, One Island South, 2 Heung Yip Road, Wong Chuk Hang, H.K+852 3188 6613www.madison-auction.com FOLLOW US: WeChat: Madison AuctionMadison Auction 麦迪森拍卖Facebook: MadisonAuctionInstagram: MadisonAuction  

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Seegene and Springer Nature Announce Strategic Alliance
Seegene and Springer Nature Announce Strategic Alliance

- Strategic alliance aims to foster collaboration with researchers working in various disease fields by using best-in-class PCR diagnostic technology - Companies will facilitate C-level cooperation, strengthening the partnership for the SG OneSystem™ business (Seegene's technology-sharing business) SEOUL, South Korea, May 16, 2024 /PRNewswire/ -- Seegene Inc. (KQ096530), a leading South Korean company providing a total solution for PCR molecular diagnostics, announced on May 16th the signing of a strategic alliance agreement with Springer Nature, the publisher of the prestigious scientific journal, Nature. From left: Marc Spenlé, COO of Springer Nature; Frank Vrancken Peeters, CEO of Springer Nature; Dr. Jong-Yoon Chun, CEO and Founder of Seegene; and Jun B. Kim, EVP and Global Head of Seegene OneSystem Business pose for a photo during OneSystem™ Strategic Alliance Signing Ceremony in Houten, Netherlands on May 15. Sharing common values in Springer Nature's aim to advance discovery and Seegene working towards realizing a world free of diseases provides the basis for a natural alliance. The new alliance will see the two companies use their joint expertise and knowledge to support researchers across the global scientific community to speed up PCR diagnostic testing of important but various disease areas.  PCR molecular diagnostics companies develop only a few diagnostic products annually. By leveraging the Springer Nature network, the two companies will provide funding and technology to global scientists and experts in various fields, significantly broadening the range and potential of diagnostic products. This initiative, spearheaded by senior management at both companies, builds upon the success of the Open Innovation Program that was launched by the two companies in 2023 whose goal was to develop innovative diagnostic products with participation of the scientific community. Both companies will expand their collaboration using the OneSystem™ business by identifying and promoting potential partners as well as co-hosting annual symposiums starting with a joint declaration this year.  "We are thrilled to deepen our strategic relationship with Springer Nature, an authoritative leader in the global scientific community," said Dr. Jong-Yoon Chun, CEO and Founder of Seegene. "Together, we will work to advance the success of the SG OneSystemTM business and to realize 'a world free of diseases'." "Springer Nature applauds Seegene's effort to democratize early diagnosis of multiple diseases to enable timely treatment," said Frank Vrancken Peeters, CEO of Springer Nature. "This noble goal can only be achieved through collaborations. As a trusted partner to the research community, Springer Nature will help to build a global network of experts who, using Seegene's technology, can accelerate the development of new tests for a wide range of conditions." Seegene and Springer Nature received significant interest from the global scientific community for the inaugural Open Innovation Program launched in 2023. The program, comprising 15 projects, received a total of 281 applications from 47 countries, resulting in a competitive ratio of 11 to 1 for the selection of 26 applicants. Recognizing the potential of technology sharing, the two companies aim to expedite the commercialization of expertise and knowledge across various fields. This year marks the second iteration of the program, which will depart from the 2023 model of predefined product development. Instead, the 2024 program will adopt a more open format, allowing applicants to propose for any product development. "We have high expectations for the Open Innovation Program to contribute to the democratization of PCR molecular diagnostics," said Marc Spenlé, COO of Springer Nature. "Together with Seegene, we will create an ecosystem that encourages and accelerates the development of new tests to address currently unmet needs." About Seegene Seegene has 23 years of dedicated R&D, manufacturing, and business experience around syndromic quantitative PCR technologies, which was highlighted during the COVID-19 pandemic when it provided over 340 million COVID-19 tests to more than 100 countries worldwide. The core feature of Seegene's unique syndromic PCR technologies is the ability to simultaneously test 14 pathogens that cause similar symptoms in a single tube and provide quantitative information on the infectivity profile to correlate with the severity of illness. About Springer Nature For over 180 years Springer Nature has been advancing discovery by providing the best possible service to the whole research community. We help researchers uncover new ideas, make sure all the research we publish is significant, robust and stands up to objective scrutiny, that it reaches all relevant audiences in the best possible format, and can be discovered, accessed, used, re-used and shared. We support librarians and institutions with innovations in technology and data; and provide quality publishing support to societies. As a research publisher, Springer Nature is home to trusted brands including Springer, Nature Portfolio, BMC, Palgrave Macmillan and Scientific American. For more information, please visit springernature.com and @SpringerNature. FURTHER INFORMATION SG OneSystemTM SG OneSystemTM business is Seegene's global strategy to share its PCR molecular diagnostics technology and know-how, accumulated over more than 20 years, with leading companies worldwide to create a global consortium that would expand the development pipeline of PCR products. Furthermore, Seegene seeks to harness the collective expertise and knowledge of the global scientific community to advance innovation in the diagnostic field. Through these combined efforts, the commercialization of expertise and knowledge, as well as the development of diagnostic products tailored to meet the needs of the local market, SG OneSystemTM aims to democratize early access to PCR testing and ultimately contribute to realizing 'a world free of diseases'. In January 2024, Seegene entered a strategic collaboration with Microsoft to bolster its Seegene Digitalized Development System (SGDDS) using Microsoft's technology including plans for utilizing artificial intelligence (AI) in the future. Seegene's collaboration with Microsoft and Springer Nature will advance the SG OneSystemTM business. These three companies are planning for a declaration event to kick off the collaborative partnerships this year. Open Innovation Program (OIP) Open Innovation Program (OIP) is a global PCR reagent development project co-hosted by Seegene and Springer Nature. The inaugural program launched in 2023 September called for application to scientist and experts across the community to conduct research for the 15 designated projects to develop Seegene's syndromic qPCR diagnostics assay reagents. The open innovation program is part of Seegene's technology-sharing business, SG OneSystemTM business aimed at realizing 'a world free from all diseases' with the goal of developing products that consolidate knowledge and expertise of science and experts worldwide. Seegene Digitalized Development System (SGDDS) Seegene Digitalized Development System (SGDDS) is a system that enables standardized and automated development of diagnostic kits. It is embedded with Seegene's technologies and product expertise and provides support for researchers to easily develop syndromic PCR products, even to those with limited development experience.

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METALTECH & AUTOMEX 2024 UNLOCKS THE POWER OF INDUSTRY 4.0
METALTECH & AUTOMEX 2024 UNLOCKS THE POWER OF INDUSTRY 4.0

Explore AI, Robotics & Automation Solutions at MITEC KUALA LUMPUR, Malaysia, May 16, 2024 /PRNewswire/ -- The future of manufacturing is here! Southeast Asia's biggest event for the metalworking, machine tools, and automation industries, METALTECH & AUTOMEX 2024, has kicked off at the Malaysia International Trade and Exhibition Centre (MITEC). This four-day extravaganza promises to be a game-changer, showcasing the transformative power of Industry 4.0 and propelling Malaysia's manufacturing sector towards a sustainable and prosperous future. METALTECH & AUTOMEX 2024 Unlocks the Power of Industry 4.0 The event opened with a prestigious ceremony graced by YBhg. Datuk Hanafi Sakri, Deputy Secretary General (Industry) of the Ministry of International Trade and Industry (MITI). YBhg. Tan Sri Dato Sri Dr Hj Mohd Nasir Bin Mohd Ashraf, Organising Chairman, Informa Markets Malaysia, YBhg. Dato Dr Tan Chin Huat, Chairman of METALTECH & AUTOMEX, and Gerard Leeuwenburgh, Country General Manager of Informa Markets Malaysia, were also present. The ceremony highlighted the significance of METALTECH & AUTOMEX 2024 as a platform for growth and innovation in Malaysia's manufacturing sector. Datuk Hanafi delivered a keynote address about Malaysia's manufacturing sector. "We are witnessing impressive growth, with investments surging to RM152.0 billion, a remarkable 80.3% increase compared to the previous year," he declared. He continued by emphasising the importance of METALTECH & AUTOMEX, saying, "These exhibitions play a crucial role in propelling Malaysia towards becoming a regional leader in smart manufacturing, advanced technologies, and high-tech industries." METALTECH & AUTOMEX 2024 boasts an unparalleled showcase, featuring over 1,500 brands and companies from 40 countries. With 18,000 trade buyers and visitors anticipated from 49 countries, the event is poised to be a dynamic hub for forging new partnerships and exploring the future of manufacturing. Themed "Industry 4.0 Innovations: Powering Malaysia's Manufacturing Future," the event places a strong emphasis on the transformative potential of Industry 4.0. Visitors can delve into dedicated pavilions from industry leaders in Germany, South Korea, mainland China, Singapore, and Taiwan region, all showcasing groundbreaking solutions in automation, robotics, and digital manufacturing. "This year's METALTECH & AUTOMEX goes beyond just speed," said Mr. Gerard Leeuwenburgh, Country General Manager of Informa Markets in Malaysia. "The theme highlights how Industry 4.0 advancements can optimise processes, drive efficiency, reduce costs, and promote sustainability. Businesses can discover eco-friendly technologies that minimise environmental impact, achieving a future where efficiency and sustainability go hand-in-hand." The manufacturing landscape is undergoing a revolution. AI, robotics, and the IoT are fundamentally reshaping how products are designed, produced, and delivered. METALTECH & AUTOMEX 2024 empowers businesses to stay ahead of the curve by providing a platform to explore these trends, connect with solutions providers, and gain valuable insights from industry experts. "METALTECH & AUTOMEX 2024 isn't just an exhibition; it's a game-changer for Malaysian manufacturers. By showcasing the latest Industry 4.0 advancements – from automation to AI-powered solutions – the event serves as a vital launchpad for progress. These innovations hold the key to greater efficiency, enhanced sustainability, and a stronger position in the global marketplace," emphasised Dato Dr Tan Chin Huat, Chairman of METALTECH & AUTOMEX. In addition to the exhibition, METALTECH & AUTOMEX 2024 features a comprehensive program of industry-leading seminars. These sessions offer valuable insights and knowledge-sharing opportunities for manufacturers and professionals navigating the evolving industrial landscape. Following the opening ceremony, the guest of honour, YBhg. Datuk Hanafi Sakri, along with Chairman Dato Dr Tan Chin Huat and Country General Manager Gerard Leeuwenburgh, embarked on a tour of the exhibition floor. This high-profile visit presents a golden opportunity for exhibitors. It allows them to directly showcase their cutting-edge technologies and solutions to key decision-makers, potentially leading to valuable partnerships and business deals. METALTECH & AUTOMEX 2024 has become a global stage for industry giants to showcase their latest cutting-edge technologies for the first time. From pioneering advancements in automation and robotics to revolutionary solutions in digital manufacturing, this event offers a glimpse into the future of the industry. This year, we are especially honoured to have Aliran Tenaga leading the charge with their exciting product launches today. Their presence is a testament to the calibre of innovation on display at METALTECH & AUTOMEX 2024. Informa Markets Malaysia extends its deepest appreciation to all partners and sponsors, whose unwavering support has been instrumental in ensuring the resounding success of METALTECH & AUTOMEX 2024. Their invaluable contributions enable the event to spotlight the latest advancements and facilitate the forging of connections that catalyse growth within the manufacturing industry. A special acknowledgment goes to our Gold Sponsor, Monitor ERP Sdn Bhd, for their exceptional dedication and commitment to excellence. METALTECH & AUTOMEX 2024 promises to be a landmark event, fostering collaboration, knowledge exchange, and business opportunities for all stakeholders in the metalworking, machine tools, and automation industries. The event serves as a powerful platform for accelerating the adoption of Industry 4.0 solutions and propelling Malaysia, and Southeast Asia as a whole, towards a sustainable and prosperous manufacturing future. Don't miss this pivotal event! Join us at MITEC, Kuala Lumpur, Malaysia from 15 – 18 May 2024. Notes to Editor About METALTECH & AUTOMEX For decades, METALTECH & AUTOMEX has been the pulse of Malaysia's manufacturing industry. This premier event connects industry leaders across metalworking, machinery, robotics, and automation. The co-located International Automation Technology Exhibition (AUTOMEX) puts the spotlight on the latest automation advancements, including robotics and machine vision solutions. About Informa Markets Informa Markets (www.informamarkets.com) creates platforms for industries and specialist markets to trade, innovate and grow. Our portfolio is comprised of more than 550 international B2B events and brands in markets including Healthcare & Pharmaceuticals, Infrastructure, Construction & Real Estate, Fashion & Apparel, Hospitality, Food & Beverage, and Health & Nutrition, among others.

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The 26th Bakery China Set to Drive a New Wave of Innovation in Shanghai
The 26th Bakery China Set to Drive a New Wave of Innovation in Shanghai

SHANGHAI, May 16, 2024 /PRNewswire/ -- The 26th Bakery China, co-organized by the China Association of Bakery and Confectionery Industry (CABCI) and Bakery China Exhibitions Co., Ltd., is set to take place from May 21st to 24th, 2024, at the National Exhibition and Convention Center (NECC) in Shanghai. This year, the exhibition will utilize 12 exhibition halls of NECC, covering a total area of 320,000 square meters. Over 2,200 renowned brands from nearly 30 countries and regions will showcase their latest products. Over a hundred conferences, forums, thematic events and competitions with insights from hundreds of business leaders and bakery masters. It is expected that the exhibition will receive an estimated 400,000 visits, representing over 130 countries and regions. Bakery China, the largest professional exhibition in the global baking industry, is recognized as the premier platform for entering the Chinese market. Each edition of the exhibition introduces thousands of new products, technologies, services, solutions, and business models, making it a vibrant innovation hub. Bakery China is dedicated to creating a professional business and trade platform that covers the entire industry supply chain. Highlights for 2024: With international exhibitors consisting of over 20% of the total, the international exhibition area is set to expand by more than 50%, including national pavilions from renowned countries such as Italy, Japan, and more, adding to the diverse range of offerings. Over 7,000 international visitors have pre-registered, tripling the previous attendance figures. An extended service called International Trade Match-Making will be available at the Int'l Hall 2.1, providing enhanced services for global industry professionals. With over 20 categories, the exhibition will showcase overall industry landscape and development opportunities based on the Ingredients, Equipment, and Packaging Solutions Zones. This year, the exhibition will introduce new zones including pre-made bakery, OEM & Private Brands, dairy products, healthy bakery, and bakery plus. The Dairy Products Zone will feature the participation of nearly a hundred leading dairy product brands such as Lactalis, Nestle, and Arla. Three new zones will be unveiled to support the development of new quality productive forces within the industry. These zones include the "Bakery China Innovation, Bakery China Power" for innovative products & technologies, the Case Demonstration for Sustainable Industrial Development, and the Industrial Big Data Trends. For visitor convenience, iBakeryChina is an advanced digital online platform seamlessly integrating business -inquiries and offers, industry innovation, knowledge exchange, trends and insights, and exhibition services. With over 4,000 registered suppliers and connections to more than 500,000 buyers, iBakeryChina offers tens of thousands of SKUs. Bakery China 2024 will introduce the Indoor Navigation System @iBakeryChina, elevating the user experience. Additionally, the exhibition will host engaging events, such as the 6th Pre-Made Bakery Festival, uniting over 300 supply chain brands and showcasing more than 1000 new products and technologies, to highlight the latest market trends and insights. Bakery China will keep evolving as an ecosystem, enabling the global baking community to share innovative ideas and forge valuable commercial connections.

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Hisense Recognized in Fortune China's ESG Influential Listing for the Third Consecutive Year
Hisense Recognized in Fortune China's ESG Influential Listing for the Third Consecutive Year

QINGDAO, China, May 16, 2024 /PRNewswire/ -- Hisense, the global consumer electronics and appliances corporation, has been named in Fortune China's ESG Influential Listing for the third consecutive year for its outstanding efforts in environment improvement, employee care and community engagement. 'Fortune' highlighted that Hisense has established 13 National Green Factories in China, and its photovoltaic power generation projects are progressively releasing a "low-carbon dividend" with an annual power generation capacity of about 70 million kWh, of which 12.85 MW was newly-built in 2023. Today, photovoltaic power generation contributes to over 11% of Hisense's overall electricity consumption. Hisense is advocating for the establishment of a comprehensive green and low-carbon production system that encompasses the entire energy utilization process, including research and development design, supply chain, manufacturing, sales, and after-sales, as well as recycling and comprehensive product utilization. Taking TV products as an example, the overall recycling rate of raw materials for Hisense Laser TV's has now reached 92%, and a 100-inch Laser TV can save more than half of the energy of LCD TV's of the same size. Furthermore, through more advanced and environmentally friendly design, Hisense ULED TVs have reduced the weight of their shells by 8%, resulting in a saving of 1,133.07 tons of plastic and 100 tons of steel in 2023 in comparison to 2022, whilst also improving resource utilization. As of today, Hisense has 26 R&D centers, 34 industrial parks, and 64 overseas companies and offices worldwide. Hisense is actively establishing a global Supply Chain Management Center and utilizing overseas companies and marketing platforms to realize the synergistic benefits of overseas layout and supply chain, reduced logistics costs and energy consumption. Hisense also employs local employees, contributes tax revenue, promotes local economic and social development, and achieves altruistic and win-win results through global coordination. As the official partner of UEFA EURO 2024™, Hisense also aims to provide football fans with an immersive game-watching experience through eco-friendly TVs, and the company will continue to adopt carbon neutral practices in its globalization strategy. About Hisense Hisense is a leading global home appliance and consumer electronics brand. Hisense's business covers multimedia products (with a focus on Smart TVs), home appliances, and IT intelligent information. Hisense Retains No. 2 Ranking Globally for TV Shipment in 2023. Hisense has grown rapidly, and now operates in more than 160 countries.

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Home to half of the world's top 10 trending tourism destinations, Asia Pacific is making a comeback: Mastercard Economics Institute on travel in 2024
Home to half of the world's top 10 trending tourism destinations, Asia Pacific is making a comeback: Mastercard Economics Institute on travel in 2024

Japan tops the trending list, welcoming a record-breaking 3M+ international arrivals in March While outbound travel from the Chinese Mainland continues to recover, now at 80% of 2019 levels, more Indians are traveling than at any time in history Travelers to APAC are vacationing longer while prioritizing experiences over purchases SINGAPORE, May 16, 2024 /PRNewswire/ -- The global travel sector is breaking boundaries in 2024 as consumer spending on tourism remains robust and passenger traffic soars, according to the latest report from the Mastercard Economics Institute (MEI). Released today, the MEI's fifth annual report, "Travel Trends 2024: Breaking Boundaries" provides comprehensive insights into the evolving landscape of the travel industry across 74 markets, including 13[1] in the Asia Pacific region (APAC). Mastercard Economics Institute: APAC is now home to half of the world’s top 10 trending tourism destinations. Despite fluctuating exchange rates and varying levels of affordability, travel is booming, with nine out of the last 10 record-setting spending days in the global cruise and airline industries occurring this year[2]. Looking ahead, the MEI anticipates this momentum will continue as consumers around the world prioritize meaningful experiences and allocate more of their budgets to travel.  Drawing on a unique analysis of aggregated and anonymized Mastercard transaction data, including Mastercard SpendingPulse™ and third-party data sources, the report takes a deep dive into key tourism trends for 2024 and beyond. Here in the Asia Pacific region, a few themes stand out, including:  APAC destinations are trending in a big way, comprising half of the top 10 hot spots that have demonstrated the greatest momentum among travelers. This is measured and ranked by the change in share of tourism transactions over the past 12 months ending March 2024. Japan emerged as the #1 trending destination worldwide (growing 0.9% vs Ireland at 0.4%), as it welcomed 3,081,600 visitors from abroad in March 2024 – the highest level ever – even before the peak travel season begins. Driven by a weak yen (the lowest since 1990), Japan's favorable exchange rate is expected to help it remain the clear tourism frontrunner throughout 2024, benefitting Japanese businesses catering to tourists and the local economy overall. APAC passenger traffic is rebounding, particularly for shorter, intra-regional trips. For example, this summer's top destinations for travelers from Singapore include Bangkok, Kuala Lumpur, and Perth. Thailand tourism is expected to fully recover in 2024, according to MEI, with total visitor arrivals now only 7% below 2019, pre-pandemic levels[3]. Notably, inbound flight traffic from South Asia and the ASEAN region is nearly 20% above 2019 levels. "Consumers in the Asia Pacific region have an intense desire and willingness to travel and are becoming increasingly savvy to ensure they get the best value and unforgettable experiences from their trips," said David Mann, chief economist, Asia Pacific, Mastercard. "For tourism authorities, retailers, the hospitality and F&B sectors, the bottom line is that costs matter. In today's economy, foreign exchange rates and spending power have become vital components in driving a traveler's assessment of value when they are making their plans. This suggests that businesses targeting tourism dollars need to review their current strategies, and shift them if necessary, to maintain their appeal to travelers." Summer holiday hot spots (June-Aug 2024[4]) While Japan was the top trending destination during the last 12 months[5], looking ahead, Munich ranks as the #1 summer destination (in terms of share gain in flight bookings) due to its hosting of the UEFA EURO 2024 football championship in June. Tokyo comes in a close second while Bali (#6) and Bangkok (#7) are also among the top 10 cities where demand is gaining momentum in the next three months.   Chinese Mainland Domestic Tourism Rebounds While Outbound Travel Continues to Recover The Chinese Mainland's travel dynamic has shifted, as more Chinese tourists prioritize domestic trips over international ones. The Chinese Mainland's domestic tourism story is a positive one, as air passenger traffic has fully normalized and even exceeded 2019 levels, benefiting local businesses. Meanwhile, international tourism traffic leaving the Chinese Mainland continues to recover and is now at 80.3% of 2019 levels. Additional upside growth is expected in 2024, supported by visa exemptions in APAC and beyond, as well as an increase in international flight capacity, benefiting destinations such as Singapore, Malaysia and Thailand. More Indians are Traveling Than Ever Before Strengthened by a burgeoning middle class, additional route capacity, and a strong desire to travel, 2024 marks the year when more Indians are traveling internationally than at any time in history. In the first three months of 2024, 97 million passengers traveled through Indian airports. Just 10 years ago, the same figure would have taken a whole year to achieve. Domestic passenger traffic is up 21% compared to 2019 levels while international passenger traffic is up 4%, as of March 2024. Indian travelers to key markets are up significantly in 2024 compared to 2019: 53% increase in visitors to Japan, 248% increase to Vietnam, 59% increase to the United States (notable as total overseas arrivals to the U.S. are still 7% below 2019 levels, largely due to the strong USD). Leisure for Longer In APAC (excluding ANZ) in 2024, tourists are extending their trips by an average of 1.2 days to a total duration of 7.4 days, motivated by the affordability of destinations, warm weather, and favorable exchange rates. This compares to the 2019 average of 6.1 days per trip. In Australia and New Zealand (ANZ), overseas visitors are staying for an average of 5.4 days, an increase of 0.6 days compared to 2019. The APAC destinations with the longest increase in trip duration between 2019-2024 are India (+2 days), Vietnam (+2 days), Indonesia (+1.9 days), and Japan (+1.4 days), largely due to their lower growth in hotel prices during this period compared to other markets. Longer stays generally translate to more spend per trip too, which benefits local economies. Thrill Seekers Want Experiences and Nightlife Consumers globally continue to prioritize experiences over material goods. This is playing out in the travel sector as spending on experiences and nightlife totals 12% of tourism sales – the highest point in at least five years. Meanwhile, retail shopping is recovering at a slower pace. Australian tourists are the highest spenders globally on experiences and nightlife. In 2024, Aussies are spending one of every five dollars (19%) on these activities – significantly higher than the global average (12%). Tourists from the Chinese Mainland are also increasingly seeking out experiences, spending 10% on this category in 2024, up from 7% in 2023. Casual Trumps Luxury for Fashion and Food  Tourists today prefer laid-back vibes, except in spots where luxury retail and fine dining provide exceptional value for money. Notably, luxury fashion sales soared YoY in the year ending March 2024 in Japan (152%) and Hong Kong SAR (208%), despite casual fashion still leading the pack in most places. Hong Kong SAR's surge is partly attributed to its late reopening in 2023, whereas Japan's boom stems from a weak yen and robust inbound tourism. Australia, India, and Thailand now enjoy burgeoning fine dining scenes, leading to premium dining outperformance compared to casual dining, which remains dominant elsewhere. "Amidst the evolving tourism landscape and continuing surge in travel throughout 2024, the Mastercard Economics Institute aids businesses and policymakers in translating macroeconomic forces and data insights into actionable strategies at the country, category, and company levels, in addition to counseling on possible scenarios and the implications they have on demand," added Mann. Explore the full Travel 2024: Breaking Boundaries report here. Additional reports and insights from the Mastercard Economics Institute can be found here. [1] Australia, Chinese Mainland, Hong Kong SAR, India, Indonesia, Japan, Malaysia, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand. [2] MEI analysis of aggregated, anonymized switched consumer volumes (nominal USD unadjusted for FX) through March 2024. [3] MEI analysis of Thailand Department of Tourism visitor arrival data through the end of February 2024. [4] MEI analysis of aggregated & anonymized Mastercard leisure flight booking data provided by third party partners. [5] MEI analysis of aggregated & anonymized Mastercard leisure travel related switched transactions. # # # About Mastercard Economics Institute  Mastercard Economics Institute launched in 2020 to analyze macroeconomic trends through the lens of the consumer. A team of economists, analysts and data scientists draws on Mastercard insights - including Mastercard SpendingPulse™ - and third-party data to deliver regular reporting on economic issues for key customers, partners and policymakers. About Mastercard (NYSE: MA), www.mastercard.com  Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.      

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DAHON Unveils the Cutting-Edge Vélodon Road Bike at the 32nd China International Bicycle Fair
DAHON Unveils the Cutting-Edge Vélodon Road Bike at the 32nd China International Bicycle Fair

SHANGHAI, May 16, 2024 /PRNewswire/ -- The 32nd edition of the China International Bicycle Fair (CIBF) kicked off with grandeur at the Shanghai New International Expo Center. Renowned bicycle brand DAHON stole the spotlight at booth [E1 1305] with the unveiling of its latest speed technology "D-VELO" and "Sharing 360" patented parts, capturing the attention of a global audience. DAHON & Dr. David Hon captured the attention of a global audience at the event, showcasing an extensive selection of bicycles that went beyond folding bikes. The event was honored by the presence of Dr. David Hon, the visionary founder of DAHON, who delivered a noteworthy announcement regarding the groundbreaking speed technology known as "D-VELO". Dr. Hon enthusiastically shared the exceptional performance of the Vélodon, the first DAHON 700C road bike featuring the remarkable "D-VELO" technology. The Vélodon received widespread acclaim from both local and international attendees, solidifying its reputation as a stellar innovation in the cycling industry. DAHON showcased an extensive selection of bicycles that went beyond folding bikes. Their presentation included an assortment of road bikes, e-bikes, and children's bikes, categorized into Urban, Vogue, Explorer, and Performance applications to cater to a wide range of preferences. Visitors can wander the booth's pathways, immersing themselves in the delightful features of DAHON's diverse product range. The Vélodon, undoubtedly the star of DAHON's booth, is the first bike line to exhibit the D-VELO technology. With a wheel size of 700C and a carbon fiber frame, it boasts 15%-25% greater frame rigidity than typical carbon fiber road bikes. The unique "Bend Taper" design significantly enhances the rigidity of the central tube, merging power and speed for a revolutionary riding experience. DAHON's cutting-edge "K-Feather" folding electric-assist bike secured the Gold Award, and the "Race to Win" cycling challenge by DAHON was also a highlight. DAHON's cutting-edge "K-Feather" folding electric-assist bike secured the Gold Award of "2024 CHINA CYCLE Creative Award Selection". This triumph underscores DAHON's commitment to groundbreaking technology and eco-consciousness. It reaffirms DAHON's leading status and formidable presence in the electric vehicle domain. The Super PC22 carbon fiber folding bike stole the spotlight as soon as it hit the floor. Crafted with precision and innovation, the Super PC22 incorporates a range of exclusive DAHON patented technologies, including DELTECH, Super-Down Tube, New Jaws Hinge, and an One-section Carbon Fiber Handlepost. This fusion of advanced engineering and elegant design results in a bicycle that exudes sophistication and stability. But what truly sets the Super PC22 apart is its remarkable speed, surpassing all expectations and redefining what's possible in the world of cycling. Similar to the Taipei Cycle Show, the "Race to Win" cycling challenge by DAHON was also a highlight in Shanghai (May 5-7) DAHON's "Sharing 360 Program" display area became a focal point for attendees to explore a collection of patented parts. Key highlights included DELTECH cables that significantly improve bike frame rigidity and lifespan, Safety Disc Brakes that adjust up to 15 mm internally, and easily removable Quick-Release Pedals. The fair boasts 12 themed exhibition halls that bring together top brands, showcasing a variety of products including bicycles, electric bikes, children's bikes, tires, accessories, and outdoor sports gear. It offers a comprehensive experience for industry insiders and cycling enthusiasts alike. For more information, please contact marketing@dahon.com

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MIDA and LONGi presented SOLAR SYNERGISTICS 2024, paving the way for Malaysia's energy transition
MIDA and LONGi presented SOLAR SYNERGISTICS 2024, paving the way for Malaysia's energy transition

KUALA LUMPUR, Malaysia, May 16, 2024 /PRNewswire/ -- LONGi, the world's leading solar technology company, made a significant presence at SOLAR SYNERGISTICS Conference 2024 organized by the Malaysian Investment Development Authority in Malaysia. During the Conference, LONGi joined forces with MIDA to demonstrate commitment to developing localized customer and community networks. LONGi has invested in the construction of three factories in Malaysia, including Kuching, Bintulu, and Selangor. The capacity of the three plants exceeds 10GW per year. At the same time, LONGi set up the headquarters of LONGi Asia Pacific in Kuala Lumpur and is committed to providing better services to local customers with its vision: SOLAR FOR ALL. Mr. Frank Zhao, APAC President at LONGi, expressed gratitude towards the Malaysian government for its active guidance and encouragement in the photovoltaic industry. LONGi also unveiled its Back Contact product roadmap. Ms. Dana Yang, APAC Head of Market and Solutions at LONGi, showcased its advanced technology and ongoing innovation, demonstrating its active participation in Malaysia's economic and technological advancement. She highlighted the new flagship product HIMO-9 released by LONGi on May 9.The Hi-MO 9 is a solar module with capabilities of up to 660W, based on the 2nd generation Hybrid Passivated Back Contact (HPBC) solar cell technology and the TaiRay wafer, an silicon wafer launched by LONGi in March 2024, and the Hi-MO 9 module boasts a conversion efficiency up to 24.43%, built to excel in a range of tough environments (including lakes, mountains, and deserts). Mr. Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer at MIDA, praised LONGi's leadership in technological innovation and sustainable development. Both companies affirmed their shared commitment to developing efficient clean energy systems for widespread adoption. In a region where traditional energy sources still dominate, LONGi's solar technology offers a cost-effective solution for clean energy generation. Leveraging Malaysia's abundant solar resources, MIDA and LONGi aim to bolster the country's energy transition efforts and contribute significantly to a greener, more sustainable future. About LONGi Founded in 2000, LONGi is committed to being the world's leading solar technology company, focusing on customer-driven value creation for full scenario energy transformation. Under its mission of 'making the best of solar energy to build a green world', LONGi has dedicated itself to technology innovation and established five business sectors, covering mono silicon wafers cells and modules, commercial & industrial distributed solar solutions, green energy solutions and hydrogen equipment. The company has honed its capabilities to provide green energy and has more recently, also embraced green hydrogen products and solutions to support global zero carbon development. www.longi.com

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Labuan IBFC Inc. and RAM jointly host event on Labuan captive solutions for self-insurance
Labuan IBFC Inc. and RAM jointly host event on Labuan captive solutions for self-insurance

This collaboration arises from RAM's LECA® rating service for credit and performance evaluation of Labuan IBFC licensees KUALA LUMPUR, Malaysia, May 16, 2024 /PRNewswire/ -- RAM Rating Services Berhad (RAM Ratings), Malaysia's premier rating agency, and Labuan IBFC Incorporated Sdn Bhd (Labuan IBFC Inc.), the official marketing agency for Labuan International Business and Financial Centre (Labuan IBFC) yesterday hosted an event on self-insurance structures and solutions in Labuan IBFC, Asia's premier international financial hub. Titled Setting Up a Labuan Captive for Self-Insurance, the event matched delegates from corporates in Malaysia and representatives of the jurisdiction to discover the advantages of captive incorporation in Labuan IBFC. Datuk Iskandar Mohd Nuli, Executive Chairman cum CEO of Labuan IBFC Inc. and Julie Ng, CEO of RAM Ratings with panellists at the jointly hosted event In his welcome address, Datuk Iskandar Mohd Nuli, Executive Chairman cum CEO of Labuan IBFC Inc. highlighted the potential of Labuan captives as an effective and cost-effective risk management tool. "Captive insurance is well-positioned to cater for the changing operating landscape by providing tailor-made insurance policies, while having direct access to the global wholesale reinsurance market to meet non-conventional risks," Datuk Iskandar elaborated. Labuan IBFC's captive market began with Malaysian-based corporates, with the market registering USD624.6 million in total gross premiums in 2023, an all-time high premium volume recorded over the last five years. Today, the jurisdiction hosts over 69 captives, underscoring its position as a leading captive hub in the Asian region. A panel discussion convened experts from event sponsors Brighton Management Limited and Etiqa Offshore Insurance (L) Ltd, and spokespersons from the Labuan International Insurance Association (LIIA) and captive owners. Insightful perspectives on captive suitability and a roadmap for selecting captive options and addressing potential challenges were discussed. RAM Ratings launched its bespoke service (Labuan Entity Corporate Assessment, LECA®) for Labuan IBFC licensees in 2021, which provides ratings for financial institutions, captives and service providers. Stakeholders benefit from the transparency and independent opinion of financial soundness and performance of companies assessed by RAM Ratings. "This event has been an opportunity to exchange ideas, share knowledge and foster deeper connections between RAM, Labuan IBFC and the stakeholders of the captive community in Labuan IBFC. We hope to contribute to the long-term growth and governance of Labuan IBFC via our ratings which apply RAM's hallmark of analytical rigour and trusted insights. We look forward to continuing our support of Labuan IBFC via our service offerings," said Julie Ng, RAM Ratings' CEO. The event attracted over 120 delegates in total. For more information on Labuan IBFC captive solutions, visit this link. Click here for frequently-asked questions on LECA®.   About RAM Malaysia's premier credit rating agency Established in 1990 by Malaysia's central bank, RAM Ratings is Malaysia's leading credit rating agency (CRA). As a CRA registered by Securities Commission Malaysia, RAM Ratings has rated over USD450 billion of bonds issued by more than 500 entities based in Malaysia and other countries. Through credit ratings and assessments, we deliver independent insights to support the decision-making needs of investors and market participants in domestic and regional markets. RAM Ratings, a provider of independent credit and sukuk ratings, is a subsidiary of RAM Holdings Berhad (RAM Group). Apart from credit ratings, the RAM Group also offers myriad solutions ranging from economic and debt market research, data & analytics and sustainability services. We provide country, macroeconomic and fixed-income research in addition to training, risk analytics and solutions for credit risk and other related areas. RAM is also spearheading green finance and sustainability ratings in the region. In 2016, RAM Ratings joined the line-up of pioneer CRA signatories to the United Nations-supported Principles for Responsible Investment's Statement on ESG in Credit Ratings. The RAM Group's ESG initiatives are driven through wholly-owned subsidiary, RAM Sustainability Sdn Bhd – an approved verifier of climate bonds certification in Malaysia, 1st ASEAN observer of the Green Bond and Social Bond Principles, and member of GRI Community in Malaysia. Bond Pricing Agency Malaysia Sdn Bhd (BPAM), the sole provider of bond-pricing and valuation data on the Malaysian bond market is a wholly owned subsidiary of RAM Holdings Berhad. For more information on the RAM Group of Companies, visit www.ram.com.my or https://analytics.ram.com.my. About Labuan IBFC ASIA'S PREMIER INTERNATIONAL FINANCIAL HUB Labuan International Business and Financial Centre (Labuan IBFC), Malaysia, through its internationally recognised yet business-friendly legal framework, is the preferred international business and financial centre in the Asia Pacific region. It offers global investors and businesses the benefits of being in a well-regulated jurisdiction, while providing for fiscal neutrality and certainty, in addition to being an ideal location for substance creation. Labuan IBFC boasts a wide range of business structures and investment solutions catered to cross-border transactions and international business dealings. It offers services and solutions in niches such as asset leasing, risk management, commodity trading, wealth management, international business companies and Islamic financial services to global businesses looking at penetrating Asia and Asian entities aiming to go global. Labuan IBFC operates within clear and comprehensive legal provisions, guidelines and practice notes, enforced by a single regulator, Labuan Financial Services Authority. To keep up with everything about Labuan IBFC, follow Twitter or Facebook @LabuanIBFC. Alternatively, visit www.labuanibfc.com

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AI Tools See Record Uptake Among Developers with 30% YoY Growth, OutSystems reports
AI Tools See Record Uptake Among Developers with 30% YoY Growth, OutSystems reports

Over 40% of OutSystems developers use AI to guide them through the software development life cycle In just one year, OutSystems AI Mentor System detected 10 million code issues, enabling them to avoid potential pitfalls and improve app quality SINGAPORE, May 16, 2024 /PRNewswire/ -- OutSystems, a global leader in enterprise low-code application development, today reports on the rising trend for AI adoption in low-code, with a 30% year-over-year increase in active users of AI for development and lifecycle management. The company's AI Mentor System – a set of machine learning-powered expert assistants that guide developers through the software development life cycle – is now used by over 40% of OutSystems developers on a monthly basis for AI-powered suggestions. The system also automates repetitive tasks, eliminates tedious work, and validates applications before they go into production to ensure they are built and maintained to the highest possible quality standards. In just one year, the OutSystems AI Mentor System automatically detected 10 million code issues and provided AI-powered suggestions to developers, enabling them to avoid potential pitfalls and improve app quality. "The overwhelming adoption of AI among our community and clients underscores the significant positive impact it has on enhancing agility, productivity, and the overall development process, reinforcing the value of leveraging data-centric approaches in modern application development," said Paulo Rosado, co-founder and CEO at OutSystems. "OutSystems is committed to continuously improving its AI-powered platform to help development teams move faster, respond quickly, and reduce risk." "In just 14 weeks, with a team of only two developers, Capability for Change leveraged OutSystems to launch a game-changing, generative AI-powered learning management system," said Melanie Franklin, founder, and CEO of Capability for Change. "This revolutionary solution not only transformed the user experience, but also garnered significant attention, bringing in five new high-profile clients within just one month of its launch." OutSystems brings together the power of generative AI innovation and the efficiency of low-code development in a platform to accelerate digital transformation. The company recently launched AI Agent Builder, enabling organisations to integrate GenAI agents into their apps to achieve similar results, not only in customer service but also across various lines of business functions, garnering 100 installations in the first month of its launch. OutSystems also launched a new GenAI-powered customer support tool within the OutSystems Support Portal that taps into the power of the Large Language Models (LLM) to improve its customer experience, reduce operational costs, and drive continuous improvement through data-driven insights. As part of the company's commitment to empowering developers, OutSystems is centering its third annual Hackathon, "Build for the Future," on AI innovation. In partnership with Microsoft and AWS, the Hackathon, taking place in September, will unlock the collective creativity of the developer community to tackle real-world challenges and drive social impact initiatives. Winners will be announced in October at ONE: OutSystems NextStep Experience Conference in Amsterdam. OutSystems' innovations and momentum further position the company as a pioneer in the convergence of low-code application development and generative AI capabilities. To learn more, join an upcoming OutSystems expert-led webinar series designed to help IT leaders harness the power of generative AI (GenAI) across their organisation. About OutSystems OutSystems was founded in 2001 with the mission to give every organisation the power to innovate through software. The OutSystems enterprise low-code platform gives technology leaders and developers the tools to rapidly build and deploy their own business-critical applications. The company's network spans more than 700,000 community members, over 500 partners, and active customers in 79 countries across 21 industries. OutSystems is "The #1 Low-Code Platform®" and a recognized leader by analysts, IT executives, business leaders, and developers around the world. Some of the most well-known brands use OutSystems to turn their big ideas into software that moves their business, people, and the world forward. Learn more at www.outsystems.com.

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BAXTER ANNOUNCES MISSION AND LOGO FOR PROPOSED KIDNEY CARE COMPANY VANTIVE
BAXTER ANNOUNCES MISSION AND LOGO FOR PROPOSED KIDNEY CARE COMPANY VANTIVE

DEERFIELD, Ill., May 16, 2024 /PRNewswire/ -- Baxter International Inc. (NYSE:BAX), a global medtech leader, announced today the mission and logo for its proposed kidney care and acute therapies company, to be named Vantive. Vantive logo. The Vantive mission, Extending Lives, Expanding Possibilities, will guide and inspire the proposed company, which will focus on vital organ therapies for acute and chronic kidney diseases and beyond. This larger purpose will drive Vantive employees to passionately develop solutions that meet the very human and often very individual needs of clinicians and patients, always striving to shape a better healthcare experience. The Vantive logo includes a "V" motif divided into three parts to represent the innovative therapies, digital solutions, and advanced services the company delivers. The logo is depicted in the color plum, leveraging the stability and trustworthiness of blue, Baxter's primary brand color, combined with the energy and boldness of red. "With the reveal of our mission and logo, we have reached another critical milestone in our journey to establish Vantive. From our legacy as a pioneer in kidney care to our position as a market leader in chronic and acute therapies, we maintain a unique vantage point to help fulfill the pivotal needs of today's clinicians and patients," said Chris Toth, executive vice president and group president, Kidney Care at Baxter, who is to serve as chief executive officer of Vantive upon separation. Vantive will carry forward Baxter's nearly 70-year legacy as a pioneer and leader in kidney care and vital organ support therapies. The company will continue to serve as a trusted partner to providers and clinicians around the world, focusing on improving outcomes for the more than one million patients it serves annually in more than 70 countries. Baxter announced in 2023 plans to create a new Kidney Care company from its Renal Care and Acute Therapies businesses. The new Vantive branding will come into effect when the separation occurs, which is currently expected in the second half of 2024, via either a sale to a private equity investor or a spinoff into a publicly traded company. Until completion of the proposed separation, the Kidney Care business will continue to operate as Baxter. Read more about the proposed Kidney Care separation here. About Baxter Every day, millions of patients, caregivers and healthcare providers rely on Baxter's leading portfolio of diagnostic, critical care, kidney care, nutrition, hospital and surgical products used across patient homes, hospitals, physician offices and other sites of care. For more than 90 years, we've been operating at the critical intersection where innovations that save and sustain lives meet the healthcare providers who make it happen. With products, digital health solutions and therapies available in more than 100 countries, Baxter's employees worldwide are now building upon the company's rich heritage of medical breakthroughs to advance the next generation of transformative healthcare innovations. To learn more, visit www.baxter.com and follow us on X/Twitter, LinkedIn and Facebook. This release includes forward-looking statements concerning the company's planned separation of its Kidney Care business, related timing and anticipated benefits. These forward-looking statements are based on assumptions about many important factors, including the following, which could cause actual results to differ materially from those in the forward-looking statements: the company's ability to execute and complete the proposed separation; the timing for the proposed separation; the ability to satisfy the conditions to the proposed separation; and other risks identified in Baxter's most recent filings on Form 10-K and Form 10-Q and other SEC filings, all of which are available on Baxter's website. Baxter does not undertake to update its forward-looking statements unless otherwise required by the federal securities laws. Baxter and Vantive are trademarks of Baxter International Inc. or its subsidiaries.

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US-BASED PANDUIT ELEVATES MANUFACTURING LANDSCAPE WITH NEW STATE-OF-THE-ART PLANT IN JOHOR BAHRU, MALAYSIA
US-BASED PANDUIT ELEVATES MANUFACTURING LANDSCAPE WITH NEW STATE-OF-THE-ART PLANT IN JOHOR BAHRU, MALAYSIA

JOHOR BAHRU, Malaysia, May 16, 2024 /PRNewswire/ -- Panduit, a global leader and manufacturer of cutting-edge electrical and network infrastructure solutions, proudly announces the opening of its new state-of-the-art manufacturing facility in Johor Bahru, Malaysia. This milestone marks a significant advancement in manufacturing processes, fortifying Panduit's supply chain to deliver top-notch cable tie products while meeting the growing demands of its clientele. Spanning an impressive 25,083 square metres, the facility commenced operations in October 2023, poised to create 184 new direct job opportunities by the end of 2024. Experience the full interactive Multichannel News Release here: https://www.multivu.com/players/English/9269251-us-based-panduit-elevates-manufacturing-landscape-new-state-art-plant-johor-bahru-malaysia/ Ribbon cutting ceremony Mr. YB Lee Ting Han, Johor State Executive Member and Chairman of Investment, Trade, Consumer Affairs and Human Resources Committee, who was present at the plant opening ceremony shared, "The decision by Panduit Corporation to establish operation in Johor is a testament to our State's strategic advantages such as location, robust technology and basic infrastructure, diverse talent pool, as well as Johor's role as a hub for the ASEAN market. We trust that this investment will further boost Malaysia and Johor's reputation as the top investment destination for high technology and precision manufacturing industries." Signing ceremony Mr. Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA, expressed his enthusiasm, stating, "Malaysia is actively advancing to attract high-tech investments, and we take pride in welcoming an industry leader like Panduit. Their presence not only enhances our high-tech talent pool but also provides a compelling advantage in the global market. It aids our SMEs in adopting advanced manufacturing technologies, contributes to the development of the plastics industry ecosystem, and strengthens the resilience of Malaysia's supply chains and economic landscape." Mr. Shannon McDaniel, President & Chief Executive Officer, Panduit "Johor Bahru is a vibrant and established center of industrial manufacturing in South Asia with a sophisticated infrastructure system as well as strong manufacturing and operational capabilities," explained Panduit Senior Vice President and Managing Director for Asia-Pacific, Harry Woo. "The strategic decision of building a new plant in Johor Bahru will help us remain competitive while maintaining our strategic presence in the area and ensuring ongoing service to our customers." Mr. David Tallentire, Senior Vice President of Operations, Panduit "Our modern manufacturing facility is equipped with advanced robotics and automation to maximise productivity," said Panduit Senior Vice President of Operations David Tallentire. "Additionally, to improve the overall efficiency and sustainability of the plant, we incorporated advanced features to optimise energy performance and implemented high efficiency design practices for a more streamlined building and manufacturing process." Tallentire added that Panduit looks forward to leveraging the strong logistical connections for ease of supply to its Asian customers and into the wider global supply chain. Ms Umarani Muniandy, Executive Director, Manufacturing Development (Resource), MIDA Panduit's utilisation of engineering plastics in its manufacturing processes aligns seamlessly with Malaysia's New Industrial Master Plan 2030, which prioritises the promotion of high-value-added industries and the adoption of advanced technologies. Furthermore, Malaysia's Chemical Industry Roadmap 2030 underscores the country's focus on promoting engineering plastics as a key segment within the chemical sector. Panduit's commitment to innovation resonates with Malaysia's aspirations to propel economic growth through technology-driven industries, paving the way for a prosperous future. Mr. YB Lee Ting Han, Johor State Executive Member and Chairman of Investment, Trade, Consumer Affairs and Human Resources Committee About MIDA MIDA is the government's principal promotion agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube channel. About Panduit: Since 1955, the Panduit culture of curiosity and passion for problem-solving have enabled more meaningful connections between companies' business goals and their marketplace success. Panduit creates innovative electrical and network infrastructure solutions for enterprise-wide environments, from the data center to the telecom room, from the desktop to the plant floor. Headquartered in Tinley Park, IL, USA and operating in 112 global locations, Panduit has a proven reputation for quality and technology leadership, coupled with a robust partner ecosystem, to help support, sustain, and empower business growth in a connected world. For more information, visit www.panduit.com.

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Chatime Delivers 'Cups of Joy' to Consumers Worldwide with Brand Refresh
Chatime Delivers 'Cups of Joy' to Consumers Worldwide with Brand Refresh

HSINCHU, May 15, 2024 /PRNewswire/ -- Chatime, a leading global bubble tea and innovative beverage brand, today announced a brand refresh anchored on its new brand promise, "Cups of Joy." Since 2010, it has helped shape the global bubble tea drinking culture through its franchise partners in key markets, including in Indonesia, the Philippines, Australia, Canada, the United Kingdom, Ireland, the United Arab Emirates, and Mauritius, with the most recent expansion in India and Thailand. The brand refresh captures the vibrant, youthful spirit of the company and appeals to Gen Z around the world– seeking opportunities to create and celebrate in their everyday lives. Chatime brand refresh captures the vibrant and youthful spirit that appeals to Gen Z around the world Chatime's values and beliefs emphasize the commitment to fostering inclusivity, creativity, and a sense of a global connected community for customers. From an updated logo and tagline to new menu choices, modernized packaging, and new store designs, all elements of the brand refresh are designed to engage new customers and longtime fans on an emotional level, forging deeper connections as it delivers the fun and flavorful experiences they crave. "In a changing and often challenging world, Chatime gives people a reason to come together and celebrate all the moments – big and small – that matter to them," said Henry Wang, Chairman of Chatime. "Our updated brand is designed to catch consumers' attention and inspire curiosity and excitement to reward yourself with a cup of joy." "Chatime's new brand reinforces that we are committed to delivering an inclusive customer experience in every cup. We embrace our customers' choices and create an atmosphere of community where they can express themselves freely, boldly, and confidently," said Teresa Wang, Co-Founder of Chatime. "Our beverages offer value and serve many purposes for today's consumer, whether they are looking for a moment to rest for their mental health, asocial outlet for spending time with loved ones, or simply a means to recharge for the day ahead. We're here to support our customers with cups of joy." Many Chatime establishments offer customizable options including sugar-free syrups and dairy-free or soy-based milk replacements that contribute to the drink's increasing popularity. And, with the continued addition of beverages to Chatime menus, the brand is well positioned to satisfy the preferences of more consumers and stay competitive in the broader beverage market. To learn more about Chatime and its franchise opportunities, visit Chatime.com.tw/en/.

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Hong Leong Bank Looks to Revitalize the Circular Economy by Developing Business Solutions with Sustainability Changemakers
Hong Leong Bank Looks to Revitalize the Circular Economy by Developing Business Solutions with Sustainability Changemakers

KUALA LUMPUR, Malaysia, May 15, 2024 /PRNewswire/ -- Aligned with its long-term commitment to drive the national transition towards a low-carbon economy, Hong Leong Bank ("HLB" or the "Bank") is looking to co-create innovative business solutions with visionary sustainability changemakers, with the goal of revitalizing and contributing towards the circular economy. Through its HLB LaunchPad program, which is now back for its 6th edition, the Bank is inviting impact organizations and startups to pitch their out-of-the-box ideas focused on the circular economy, while providing them with the opportunity to be further developed in collaboration with HLB. Hong Leong Bank invites sustainability changemakers, entrepreneurs and startups to pitch innovative ideas on the circular economy at its 6th HLB LaunchPad program Alongside the country's increased focus on circular economy initiatives, HLB has embraced the theme "Circular Economy Solutions for a More Sustainable Tomorrow" for this year's HLB LaunchPad program. The circular economy is an economic system that reduces waste and maximizes resources by reusing, recycling, and regenerating materials and products, with the goal of retaining materials at their peak usability at all times while minimizing environmental effect. Based on this, there are three challenge statements that organizations can choose to tackle – namely 'Enhancing Green Building & Sustainable Infrastructure Solutions', 'Reimagining How Goods are Produced for SMEs', and 'Exploring Innovative Solutions in Waste Management'. Kevin Lam, Group Managing Director and CEO of HLB commented on the Bank's long-standing commitment to marrying environmental sustainability with economic viability. "As a financial institution with a deep-rooted entrepreneurial heritage, we are constantly committed to future-proofing our businesses by ensuring that our operations are both economically competitive and climate resilient. This extends to us implementing various sustainability-focused practices and initiatives in our internal and external proceedings, from reducing our operational carbon emissions by 21% since FY2019, to providing green financing to businesses and introducing an ESG Assessment Framework for our business banking customers. Our constant dedication to helping businesses achieve carbon-neutrality culminates in our commitment to reinforcing the circular economy, ensuring that sustainable businesses receive the support and guidance needed to integrate them into the wider ecosystem. Through programs like HLB LaunchPad, we hope to unearth new ideas and initiatives which can drive the sustainability agenda even further, embedding low-carbon businesses into the national economic landscape." Over the years, HLB has consistently supported businesses in adopting environmentally-conscious practices in their operations. A prime example of this is the Bank providing guidance and support to sustainability-focused social enterprises such as Refiller Mobile and Green Hero through HLB Jumpstart. This is where the Bank provides support such as advisory, marketing expertise, and data analysis services to social enterprises, enabling them to be economically-resilient and grow their businesses. HLB has also organized several Sustainability Roundtables in collaboration with the Small and Medium Enterprises Association (SAMENTA), equipping its SME customers and partners with industry-level insights and guidance on integrating ESG considerations into their operations. Alice Goh, HLB's Head of Payments, Partnerships and Fintech Ecosystems shared that the Bank's emphasis on the circular economy aligns with the Bank's commitment to impactful sustainability action, in its pursuit of being Here for the Long Term. "The circular economy is the fastest-growing sustainability policy globally, as it presents a powerful solution to the way we consume, use, and manage resources. Our current economic model, often referred to as the "take-make-dispose" system, is fundamentally unsustainable. This linear approach is leading to a concerning depletion of resources and increased waste generation, which the impact on our planet is undeniable. At HLB, we are firmly committed to building a more sustainable future, and we hope to empower entrepreneurs and startups to develop solutions that address the limitations of the linear system, so we can create a more responsible and resilient future for generations to come." Businesses participating in HLB LaunchPad will have the opportunity to be mentored by the Bank's top executives and senior management, alongside esteemed industry leaders from the startup ecosystem, including MDEC, MBAN and Cradle/MyStartup. The top three winners will stand a chance to win cash prizes worth RM50,000 in total, get access to funding through the BNM High Tech and Green Facility and the exciting chance to pilot their solutions with HLB. Sustainability changemakers, entrepreneurs and startups are encouraged to submit their applications for the HLB LaunchPad 2024 before 20 May 2024. This unique opportunity allows startups to gain invaluable experience, refine their solutions, and potentially forge a long-term partnership with HLB for commercialization. To apply and learn more about HLB LaunchPad 2024, please visit  https://www.hlb.com.my/en/business-banking/hlblaunchpad.html.

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BW Digital and Telin join forces to build Hawaiki Nui 1 submarine cable system and boost connectivity around Indonesia and Australia
BW Digital and Telin join forces to build Hawaiki Nui 1 submarine cable system and boost connectivity around Indonesia and Australia

WASHINGTON, May 15, 2024 /PRNewswire/ -- BW Digital and PT Telekomunikasi Indonesia International (Telin) announced the signing of a memorandum of understanding (MoU) for the joint development and construction of Hawaiki Nui 1 submarine cable system. The MoU was signed in Washington DC during International Telecoms Week 2024 on 14 May 2024. BW Digital and Telin forge strategic partnership to build Hawaiki Nui 1 submarine cable system and boost connectivity around Indonesia and Australia. From L to R: Budi Satria D. Purba - Chief Executive Officer of Telin and Ludovic Hutier - Chief Executive Officer of BW Digital. It follows the announcement in early March this year of a partnership between BW Digital and Citramas Group to establish a world-class digital ecosystem out of the Nongsa Digital Park in Batam, Indonesia, the centrepiece of which will be an 80MW data centre servicing businesses, governments and communities throughout the country and broader region. Hawaiki Nui 1 is the first stage of BW Digital submarine cable development programme. With a design capacity of more than 240 Tbps, it will link Australia, Indonesia and Singapore, and include optional branches to the Solomon Islands, Papua New Guinea and Timor Leste. Estimated to span some 10,000 km, Hawaiki Nui 1 will chart a new, more efficient route northeast of Australia via the Torres Strait, providing greater connectivity, diversity and security between Australasia and South-East Asia. It will also provide the first direct cable link between Sydney and Darwin, and from Darwin to Singapore, with branches to Jakarta and Batam. Under the partnership agreement, BW Digital and Telin will work together to develop, procure and build Hawaiki Nui 1, which is expected to be ready for service (RFS) in 2027. Telin will also act as the Indonesian landing party for the cable. "BW Digital is pleased to forge a strategic alliance with Telin to deliver Hawaiki Nui 1 submarine cable and serve the ever-growing capacity requirements between Australia, Indonesia and Singapore," said Ludovic Hutier, Chief Executive Officer of BW Digital. Hawaiki Nui 1 will support the development of our digital ecosystem in Batam's Nongsa Digital Park and coupled with the existing Hawaiki cable - linking Sydney, Auckland and the US West Coast since 2018 - offer unparalleled connectivity to customers operating in the Asia-Pacific region. Budi Satria Dharma Purba, Chief Executive Officer of Telin, remarked: "In today's digital landscape, the Asia Pacific region emerges as the epicenter of data center telecommunications traffic growth. Over the next five years, there is a healthy growth in Data Center Capacity across Singapore, Australia, Malaysia, and Indonesia. Through our partnership with BW Digital and as part of our overall 7 systems of ICE subsea cable, we aim to bridge the connectivity gap between Data Centers across these nations and shape the future of the Asia Pacific Subsea Landscape." About BW Digital BW Digital is a subsidiary of BW Group, a global energy and maritime group controlling 7 listed companies with a combined market capitalisation of around US$11 billion. Headquartered in Singapore, BW Digital develops, builds and operates digital infrastructures in the Asia-Pacific region. Privately-owned and carrier-neutral, BW Digital is the owner and developer of the Hawaiki and Hawaiki Nui submarine cables. For more information, please visit www.bw-digital.com About PT Telekomunikasi Indonesia International Established in 2007, Telin provides premium international carrier voice, data services, and tailored business solutions for wholesale, enterprise, digital, and retail customers. Telin operates in multiple countries and regions, including Indonesia, Singapore, Hong Kong, Australia, Malaysia, Taiwan, the United States, Timor Leste, the United Arab Emirates, and Myanmar, with representatives in the United Kingdom, the Philippines, India,  Vietnam and Canada. Telin's infrastructure spans 250,140 kilometers of cable system length, incorporating 27 Global Submarine Cable Systems, and operates 58 Points of Presence in 26 Countries and regions, 10 global offices, 5 global countries Sales Representative, and over 19 Tier II to Tier IV Data Centers in key locations, including Singapore, Hong Kong, Timor Leste, and Indonesia.  For more information about Telin, visit www.telin.net.

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SEG Solar and Grand Batang City Sign Land Utilization Agreement for Southeast Asia's Largest PV Industrial Park
SEG Solar and Grand Batang City Sign Land Utilization Agreement for Southeast Asia's Largest PV Industrial Park

HOUSTON, May 15, 2024 /PRNewswire/ -- On May 15th, SEG Solar ("SEG"), a leading U.S. producer of photovoltaic (PV) modules, and Kawasan Industri Terpadu Batang (Grand Batang City), the largest SOE industrial estate in Indonesia, held a signing ceremony to execute a Land Utilization Agreement for the development and operation of a photovoltaic industrial park in the Batang Regency, Java, Indonesia. The park is anticipated to include factories for the production and assembly of silicon ingots, wafers, cells, and modules and is set to become Southeast Asia's largest photovoltaic industrial park to date. SEG's Founder and COO, Jun Zhuge, and Ngurah Wirawan, President Director of Grand Batang City, attended the ceremony. Aerial Rendering of SEG Solar PV Industrial Park in Batang, Central Java, Indonesia Located within Grand Batang City, in Central Java Province, Indonesia, the SEG Indonesia PV industrial park project will have an investment exceeding $500 million USD and will cover over 40 hectares. The overall plan for the park includes a vertical integration capacity of 5GW for silicon wafers, 5GW for solar cells, and 5GW for modules. Pursuant to the first phase of the project, SEG will construct facilities with a production capacity of 5GW for solar cells and 3GW for modules, with an expected completion date in Q2 2025. The cells produced at this park will supply SEG's global module factory, ensuring the traceability of the supply chain and guaranteeing the reliability and stability of core material supply for modules. "Integrated layout across the entire industry chain is crucial for SEG to adhere to legally compliant supply chain standards. Through upstream and downstream coordination, SEG ensures the provision of clean, traceable green products for the markets in the United States, Europe, and Indonesia, thereby facilitating the global transition towards green, low-carbon energy." said Jun Zhuge, Founder and COO of SEG. The SEG Indonesia PV industrial park is expected to create over 3,000 job opportunities, providing more employment prospects and economic vitality for the local community. About SEG Solar Founded in 2016, SEG is a leading vertically integrated PV manufacturer headquartered in Houston, Texas, U.S., and is dedicated to delivering reliable and cost-effective solar modules to the utility, commercial and residential markets. By the end of 2023, SEG has shipped over 5 GW of solar modules worldwide. The company is expected to exceed a production capacity of 5.5 GW by the end of 2024. About Grand Batang City Grand Batang City is the largest state-owned enterprise industrial estate supported by the Indonesian government and is devoted as National Strategic Project. Located on 4,300 Ha area in Central Java, Indonesia, Grand Batang City offers highly competitive industrial land in Southeast Asia. The estate consists of industries, housing, retails & commercial areas and is going to be fully operational by the end of 2024. CONTACT: info@segsolar.com 

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Ultima Markets Recognised as Most Popular Broker 2024 by BrokersView
Ultima Markets Recognised as Most Popular Broker 2024 by BrokersView

EBENE CYBERCITY, Mauritius, May 15, 2024 /PRNewswire/ -- Ultima Markets, a fast-growing online trading broker is proud to announce that it has been honoured with "Most Popular Broker Award 2024" at Award for Brokers with Outstanding Assessment • Singapore Award Ceremony by BrokersView. Ultima Markets received the highest vote count among brokers with an aggregate of 65,000 votes. BrokersView is a renowned entity, dedicated to recognising achievements in the forex industry. They aim to provide unbiased insights and evaluations based on various criteria which includes reliability and service quality.   The recognition underscores Ultima Markets' unwavering commitment to delivering exceptional service and innovative solutions to its clients in the dynamic forex landscape. This award reflects the trust and confidence that clients and industry experts alike have placed upon Ultima Markets as a reliable partner in their trading journey. "We are honoured to receive the Most Popular Broker Award 2024 from BrokersView," said Jack Li, Regional Business Director of Ultima Markets. "This recognition highlights our dedication to providing our clients with the highest quality of services and reinforces our position as one of the fast-growing online trading brokers. We are grateful for the continued support of our clients and the dedication of our team." Ultima Markets has distinguished itself through extensive offerings and personalised customer service, tailored to meet the diverse needs across the globe. Through its cutting-edge technology and personalised support, Ultima Markets empowers its clients to capitalise opportunities and achieve their financial goals. As Ultima Markets continues to expand its presence and enhance its offerings, the company remains focused on its core values of integrity, transparency, and customer-centricity. With this latest accolade, Ultima Markets reaffirms its position as a trusted partner for clients seeking exceptional quality of services. About Ultima Markets Ultima Markets is an online trading broker that provides users access to trade 250+ financial instruments. With a slogan, "Ultimate Gateway of Trading," Ultima Markets is a fast-growing and fully licensed broker. Ultima Markets has served clients in more than 172 countries with over 2000 outstanding staff of diverse talents and backgrounds in more than 15 offices globally. For more information about Ultima Markets, please visit: https://www.ultimamarkets.com/.

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Renowned Wellness Expert Dr Jitendra Pokhriyal Returns to The Westin Resort Nusa Dua, Bali as Wellness Ambassador
Renowned Wellness Expert Dr Jitendra Pokhriyal Returns to The Westin Resort Nusa Dua, Bali as Wellness Ambassador

BALI, Indonesia, May 15, 2024 /PRNewswire/ -- The Westin Resort Nusa Dua, Bali is delighted to welcome back Dr Jitendra Pokhriyal as their Wellness Ambassador after a four-year hiatus. Dr Jitendra, originally from the Himalayas in India, previously served in the same role for nearly six years before the COVID-19 pandemic prompted his temporary relocation. Dr. Jitendra Pokhriyal rejoins The Westin Resort Nusa Dua, Bali as Wellness Ambassador, after enriching his expertise with a Ph.D. in Clinical Nutrition. His holistic approach, rooted in Himalayan tradition, promises to elevate guest wellness experiences in Bali's vibrant and nurturing community. During his absence, Dr Jitendra broadened his expertise, completing a Ph.D. in Clinical Nutrition and Human Metabolism from Asian International University in 2022. His diverse educational background includes an MBA in Hospitality Management, a PGDM in Dietetics and Nutrition, and diplomas in Yoga, Health Sciences, Ayurvedic, and International Therapies. Coming from the birthplace of yoga, Dr Jitendra's holistic approach to wellness is deeply rooted in traditional practices. He has worked across various wellness resorts in Asia, consistently achieving higher guest satisfaction. In a recent interview, Dr Jitendra expressed his motivation to return to Bali, emphasizing the warm and wellness-oriented community. He believes Bali holds a unique place in his heart due to its positive energy and the opportunity to connect with guests passionate about wellness. The Westin Resort Nusa Dua, Bali's Commitment to Wellness The topic of wellness and well-being has become a crucial part of one's life, and The Westin Resort Nusa Dua, Bali believes that maintaining wellness and well-being is important in creating balance for pleasure and health in mind and body while on holiday. "As the leading wellness destination, The Westin Resort Nusa Dua, Bali commits to creating programs that support our guests' well-being needs. As Bali is opening again for international arrivals, Dr Jitendra's return to Westin strengthens our resort's positioning as an ultimate wellness destination, ready to rejuvenate our guests in a holistic journey for their body and soul," explained Mr. Sander Looijen, The Westin Resort Nusa Dua, Bali General Manager. Wellness Ambassador Role and Tailored Programs As The Westin's Wellness Ambassador, Dr Jitendra plays a pivotal role in guests' physical, mental, and emotional well-being. He has tailored comprehensive wellness programs, including stress management, Reiki healing, food and nutrition consultations, daily yoga sessions, meditation, Pranayama (breathing practices), and more. Beyond yoga, Dr Jitendra is an avid sports enthusiast, enjoying cricket, tennis, and badminton during his leisure time. He draws inspiration from his guru, Swami Satyananda Saraswati, and adheres to a vegetarian diet for energy efficiency and family tradition. For those embracing or considering yoga for your wellness, Dr Jitendra recommends aligning with yoga philosophy, practicing meditation, and emphasizing complete surrender as keys to holistic well-being. The Westin Resort Nusa Dua, Bali is thrilled to have Dr Jitendra Pokhriyal back, contributing his wealth of knowledge and passion to elevate the wellness experience for guests in Bali. For more information on Wellness Program, please visit www.westinnusaduabali.com and https://www.heavenlyspabali.com/wellness or social media @WestinBali. For high resolution images, please Click Here. About The Westin Resort Nusa Dua, Bali The Westin Resort Nusa Dua, Bali enjoys a prime beachfront location within an exclusive enclave on the island's southern shores. With 433 modern rooms, it is a place where guests can be at their best and experience total renewal. Exciting dining venues anticipate global tastes with delicious cuisines and healthy Eat Well menu options. There is a choice of swimming pools, award-winning Heavenly Spa by Westin™ for relaxation, WestinWORKOUT® to stay in shape and little ones get to play at the Westin Family Kids Club. The adjacent Bali International Convention Centre provides comprehensive meeting resources with space for up to 10,000 delegates. The resort caters to the needs of leisure and business travellers alike with exceptional services and facilities to match.  About Westin® Hotels & Resorts Westin Hotels & Resorts, hospitality's global leader in well-being for more than a decade, empowers guests to transcend the rigors of travel while on the road through the brand's Six Pillars of well-being: Sleep Well, Eat Well, Move Well, Feel Well, Work Well, and Play Well. At more than 235 hotels and resorts in over 40 countries and territories, guests can benefit from distinct wellness experiences including the brand's iconic and award-winning Heavenly® Bed, signature WestinWORKOUT® offerings such as its Fitness Studios with TRX fitness equipment and its versatile Gear Lending program featuring the latest in recovery and strength training from Hyperice and Bala, delicious and nutritious menu offerings on their Eat Well menu, and more. For more information, please visit www.westin.com and stay connected on X, Instagram, TikTok, and Facebook. Westin is proud to participate in Marriott Bonvoy®, the global travel program from Marriott International. The program offers members an extraordinary portfolio of global brands, exclusive experiences on Marriott Bonvoy Moments and unparalleled benefits including free nights and Elite status recognition. To enroll for free or for more information about the program, visit marriottbonvoy.com.

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The 10th World Water Forum Officially Begins, the President of the World Water Council Calls on Everyone to Become
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BALI, Indonesia, May 25, 2024 /PRNewswire/ -- Indonesian President Joko Widodo officially opened the 10th World Water Forum on Monday (5/20/2024) at the Bali Nusa Dua Convention Center (BNDCC). In his speech, Jokowi introduced the Balinese Subak irrigation system, which was declared a World Heritage Site by UNESCO in 2012. President Joko Widodo (front, left) posed for a photo with President of World Water Council Loïc Fauchon (front, right) and several committee of the World Water Council for the 10th World Water Forum 2024 in Nusa Dua, Bali, on Monday, (20/5/2024) At the opening ceremony, Loïc Fauchon, the President of the World Water Council, expressed gratitude to Indonesia for hosting the World Water Forum in Bali, highlighting Indonesia as the World Capital of Water. He also emphasized the urgent need for sustainable water management, technological innovation, and global cooperation. Fauchon called for action to ensure water security, promote water rights, and involve younger generations in the fight for water preservation and peace. Following the opening ceremony, President Jokowi chaired the High-Level Meeting where he stated that all countries should use this as a momentum to reinvigorate real action and collective commitment to address water challenges by sharing knowledge, promoting innovative solutions and implementing integrated water resources management. On the same day, the political sessions began with the Parliamentary Meeting which was officially opened by the Chairperson of the Indonesian House of Representatives Puan Maharani. She stated that the Parliament will support the agenda to achieve water security through diplomacy.  On this occasion, the Bali Youth Plan has been hosting a series of side events, including the World Youth Parliament for Water Sessions and World Water Council Youth Delegates Session. The Forum's Fair and Expo also launched with a total of 160 participants from 17 countries. The day concluded with Leaders Visit to Ngurah Rai Forest Park, where President Jokowi highlighted the collective responsibility to conserve and protect the mangrove ecosystem.  Minister of Public Works and Housing Basuki Hadimuljono said, 10 Heads of state including from Indonesia, Timor Leste, Fiji, Tajikistan, Sri Lanka, Hungary, and Morocco, as well as Deputy Prime Ministers, from Malaysia, Papua New Guinea, Slovakia, and three special envoys of the presidents of the Netherlands, France, and the United Arab Emirates are present and participate in the series of events.    

Lights On! Harbour City transforms for Vivid Sydney 2024
Lights On! Harbour City transforms for Vivid Sydney 2024

Download high-res images & broadcast-quality vision of Vivid Sydney 2024 HERE Tickets available from vividsydney.com SYDNEY, May 24, 2024 /PRNewswire/ -- Vivid Sydney 2024 has kicked off its 14th year with a spectacular opening night, as the festival transforms Sydney's glittering harbour, iconic landmarks and cityscape with a showcase of creativity and innovation for the next 23 nights.     The Southern Hemisphere's leading multi-artform festival will run from Friday 24 May to Saturday 15 June, featuring the world's most innovative artists, culinary talent, contemporary musicians and thought leaders as part of its 2024 program under the theme of Humanity. The 'Lights On' moment wowed onlookers with over 30 light installations and 3D projections across the famed 8km Vivid Sydney Light Walk, highlighted by the Sydney Opera House featuring the breathtaking new digital artwork, Lighting of the Sails: Echo (2024). Created by multidisciplinary Australian artist and 2023 Archibald Prize Winner Julia Gutman, with creative technologists Pleasant Company, the projection on the Sydney Opera House Sails digitises centuries-old fabric making techniques into an animated, modern epic. NSW Premier Chris Minns said: "The bright lights of Vivid Sydney are officially on. "For the next 3 weeks Sydney will showcase the magical lights, art and fun of Vivid Sydney. There is something for the whole family, so I encourage everyone to come along and make the most of Vivid Sydney this year." Minister for the Arts, Minister for Music and the Night-time Economy, and Minister for Jobs and Tourism John Graham said: "Since 2009, Vivid Sydney has been a global platform showcasing our vibrant culture, bustling nightlife and creative talents. "Going from strength to strength in its 14th year, Vivid Sydney shows the world our colourful creative side. Vivid Sydney shows the world we have big dreams. "With the majority of this year's festival being free, we're looking forward to welcoming visitors back again in the millions. "Tonight, we begin 23 days of Light, 23 days of Music, Ideas and Food. 23 days of shared experiences. For the next 23 days, Sydney will be beautiful by day, Vivid Sydney by night." Vivid Sydney Festival Director Gill Minervini said: "Vivid Sydney is the original festival of light, art and culture, and we're proud to be celebrating its 14th year with an incredible line-up of light, music, ideas and food under 2024's theme of Humanity. "It is such a privilege and honour to direct this year's program and we're so excited to bring festival-goers a calibre of Australian and international talent that not only maintains the standard we've set in previous years but takes the program to new heights. Vivid Sydney 2024 is a must-see, and we can't wait to welcome all Australians and global visitors alike for the next 23 nights!" Staged across the Sydney CBD, Vivid Sydney festival locations and venues include Circular Quay, the Sydney Opera House, The Rocks, State Library of New South Wales, Walsh Bay Arts Precinct, Barangaroo, Darling Harbour, University of Technology Sydney, The Goods Line, Wynyard Tunnels, Royal Botanic Garden Sydney, Carriageworks, and more.  For more information and tickets visit vividsydney.com. VIVID SYDNEY HIGHLIGHTS VIVID LIGHT As the sun goes down each evening during Vivid Sydney, the city will transform with light installations, 3D projection artworks and ticketed events for visitors to immerse themselves in a new world of colour and light across the 8km Vivid Sydney Light Walk. Vivid Sydney has again partnered with Cinewav, enabling visitors to listen to the soundtracks to select projection artworks wherever they are on the Vivid Sydney Light Walk From almost anywhere in the city, visitors will witness a 40km stretch of rainbow lasers emanating from the Sydney Tower, a universal symbol of hope by US artist Yvette Mattern titled Global Rainbow One of Australia's most-beloved artists, Reg Mombassa will reimagine the classic Aussie road trip on Customs House for Gumscape with Road and Creatures Celebrated Chinese Australian artist Guan Wei's signature iconography will transform the Museum of Contemporary Art for Sea, Sand and Stars Nest, a collaboration between Leila Jeffreys and Melvin J. Montalban, features a large-scale circular projection at the Stargazer Lawn in Barangaroo, spotlighting the ritualistic mating dance of the brolga and humanity's connection with nature Step up to the Omnivisu view finder in Tumbalong Park, and let your eyes become the literal windows to our city's soul Horizon from Spanish artists Playmodes is a hypnotic, full-body experience complete with trance-like sounds and strobing lights at Harbour Park, Barangaroo Towering over 15 metres tall, PORTAL from Lucid Creates frames Barangaroo Headland with a glowing display of light and atmospheric sounds The Vivid Sydney 2024 drone show Love is in the Air will feature more than 700 drones over three separate nights for another fan-favourite Vivid Sydney spectacle over the harbour Dark Spectrum: A New Journey returns to the Wynyard Tunnels in new and fantastic ways to take us on a journey of light and sound The internationally acclaimed multi-sensory experience of light, colour and sound, Lightscape, returns to The Royal Botanic Garden Sydney VIVID MUSIC Vivid Music will ignite the city with a curated program of live performances, concerts and DJ sets across diverse venues, with something for the whole family, at any age. Exclusive to Vivid Sydney, Tekno Train by Paul Mac is a one-of-a-kind event that will transform a Sydney Trains ride into a moving, sensory sound and light experience The reimagined 100-year-old substation Machine Hall will be open to the public for the very first time during Vivid Sydney 2024, pulsating with performances from Deerhoof, Jen Cloher, CLUB4A and No Fixed Address  On Thursday, Friday and Saturday nights of the festival, Tumbalong Park in Darling Harbour will become the Vivid Sydney go-to for free and contemporary music right in the heart of the Light Walk for Tumbalong Nights. The 12-night line-up features artists such as Christine Anu, Sneaky Sound System, Forest Claudette, Teenage Jones, , tiffi, Budjerah, grentperez, and more, plus DJs and kids programming on Saturday nights all free of charge Comedy darling Rhys Nicholson and ARIA award winning musician Georgia Mooney will transform Mary's Underground into an intimate cabaret lounge for the Vivid Sydney Supper Club featuring live performances and appearances from MO'JU, Don't Thank Me Spank Me, Montaigne, Brendan Maclean, Mark Humphries and more each Friday and Saturday from 9pm to 1am Diverse and multi-sensory experiences at Carriageworks, with an electrifying line-up including Electric Fields, Yves Tumor, Yasiin Bey and many more. The Vivid LIVE at Sydney Opera House line-up features more than 40 Australian and international artists. Arca, Air, Underworld, Fever Ray, Devonte Hynes, Snoh Alegra, Sky Ferreira, Thelma Plum and many more will take to the stages of the world-famous building in a program curated by Sydney Opera House's Head of Contemporary Music Ben Marshall VIVID IDEAS The Vivid Ideas program sparks curiosity with new ways to experience ideas through the exploration of humanity, community, authenticity, respect, love and lessons learnt from the natural world – with theatre, installations and engaging discussions just the beginning. From the football team that united Australia in 2023, Tony Gustavsson, head coach of the CommBank Matildas, and Mackenzie Arnold, celebrated CommBank Matildas goalkeeper and captain of West Ham United, will be hosted in an insightful conversation – Champions of Change - facilitated by Matildas alumni and now journalist Grace Gill at Sydney Town Hall Golden Globe® and Emmy Award® winning actress and comedian Amy Poehler will step inside the Sydney Opera House for a special and unmissable In Conversation Ideas event and a special first look at Disney and Pixar's Inside Out 2 After The Fact will offer opportunities to engage in free weeknight discussions on current affairs with writers, journalists, ex-politicians, social commentators, artists and academics – including Annabel Crabb, Rhoda Roberts AO, Kim Williams AM, Lucy Turnbull AO, Charles Firth and more Unique experiences including A THOUSAND WAYS: An Encounter, Window Dressing and Shifting Perspectives will offer immersive moments to connect with both strangers and ourselves The Golden Age of Humanity will showcase nine selected films over nine starry nights at Surry Hills' beloved Golden Age Cinema - curated by nine great Australians including Amar Singh, Saxon Mullins, Kylie Kwong AM, Kate McClymont AM, Craig Foster AM and more VIVID FOOD Vivid Chef Series returns to hatted restaurants Fred's, AALIA, The Porter House, Firedoor and The Charles Brasserie & Bar as they host unmissable foodie collaborations with Michelin-starred chefs including Max Coen, Ivan Brehm, Selassie Atadika, Niklas Ekstedt and Sally Abé Vivid Fire Kitchen is also back in 2024 with delectable offerings at its new location on The Goods Line, bringing together the world's hottest culinary concepts, curated drinks and cocktails from Archie Rose and Starward, and entertainment with demonstrations from local and international pitmasters including California-favourite Shalamar Lane, Christine Manfield, Mindy Woods, Lennox Hastie, Jess Pryles, and more Making its debut at Vivid Sydney 2024, the Messina Milk Bar will be an illuminated full-scale pop-up with a menu of gelato-infused chocolate bars, dixie cups, tailor-made milkshakes and spiders from the cult-gelato innovators at Messina A Culinary Canvas by Danielle Alvarez is set to showcase women in Australian gastronomy at the incredible Yallamundi Rooms at the Sydney Opera House Plates with Purpose will offer a taste of Ukraine at Kyiv Social, courtesy of head chef, Borys Chernyk who brings over 30 years of experience in Ukrainian fine dining Visitors can explore over 20 top chefs and restaurateurs at the VividPlace Food Trail or indulge in a bespoke bar snack and cocktail experience at Aurorae at Bennelong Bar, offering an incredible view of the lights across Sydney Harbour VIVID SYDNEY PARTNERS Vivid Sydney thanks its Partners for their support of Vivid Sydney 2024. Kia returns as major partner for a third year, presenting two visually immersive activations on the Vivid Sydney Light Walk – EV9 "Kia Kinetic" at Circular Quay and EV5 "Kia Kaleidoscope" at Darling Harbour. Australian Traffic Network (ATN) will partner with Vivid Sydney to deliver the Love is in the Air drone shows, with three shows on 8, 9 and 15 June planned to wow audiences during the festival. Sony Music Entertainment Australia returns for a second year and presents two ticketed immersive light events, Dark Spectrum: A New Journey, at the Wynyard Tunnels with Mandylights and Culture Creative, and Lightscape at the Royal Botanic Garden Sydney, in collaboration with Culture Creative. Samsung also comes onboard as a Major Partner of Vivid Sydney 2024, presenting Chorus of Light, an immersive activation on the Vivid Sydney Light Walk, designed to tap into our desire for connection through the enablement of barrier-free communication, inspired by Samsung Galaxy AI technology.  Airbnb is the inaugural Vivid Sydney Community Partner, supporting the Vivid Sydney Volunteer Program. Official partner Sennheiser presents the Sennheiser Mirrorbox, an audio experience merging AI analysis, sound design and visual elements to explore the relationship between sound and human identity. Estee Lauder will partner with Vivid Sydney as an Official Partner, activating during the festival with Beauty Sleep, integrating elements of beauty and science. Supporting Partners include City of Sydney and Nova 96.9. Supplier partners include Cinewav, Event Engineering, Mandylights, Technical Direction Company, Transdev and Kennards Hire. Returning for the second year, the Local Business Program Partner is Experience Oz Australia. Vivid Sydney program partners include Carriageworks, Disney, Museum of Contemporary Art and Sydney Opera House. The Vivid Sydney 2024 Charity Partner is Médecins Sans Frontières (MSF), which translates to Doctors Without Borders.  Vivid Sydney locations include Barangaroo, Darling Harbour, The Rocks, Barangaroo House, Golden Age Cinema, Machine Hall, University of Technology Sydney, State Library of New South Wales, North Sydney Council and Walsh Bay Arts Precinct. For more information and to keep updated about the program, go to vividsydney.com. NOTES TO EDITORS: Visit the Vivid Sydney News Room to download the full 2024 Vivid Sydney Lights On content package including a VNR with grabs from Minister for Jobs and Tourism John Graham, Vivid Sydney Festival Director Gill Minervini and Vivid Sydney artists, as well as high-res imagery and broadcast-quality b-roll video footage: www.vividsydney.com/news-room. ABOUT VIVID SYDNEY Vivid Sydney, the Southern Hemisphere's leading multi-artform festival, transforms Sydney into a vibrant hub of creativity, innovation and community connection. Over 23 nights, light installations, music, ideas and food inspire global audiences and drive cultural exchange. The 2024 theme, 'Humanity,' sparks reflection and engagement, attracting visitors and fuelling economic growth. Proudly owned by Destination NSW, Vivid Sydney showcases NSW's cultural vibrancy and positions it as a global leader in artistic innovation. ABOUT DESTINATION NSW  Destination NSW is the champion and voice for the visitor economy within the NSW Government. Spearheading a whole-of-government approach to visitor economy growth, Destination NSW influences and shapes the visitor economy through strategic research, policy and thought leadership, stakeholder engagement and consultation, commercial partnerships and investment in visitor experiences, business support, marketing and events. Destination NSW is also the major investor in Business Events Sydney (BESydney) for the purpose of securing more international and domestic conventions, incentive travel reward programs, corporate events and exhibitions.

URBAN SPORTS AND STREET ARTS MEET IN SINGAPORE AS PART OF A GLOBAL WARM-UP TO THE PARIS 2024 OLYMPIC GAMES
URBAN SPORTS AND STREET ARTS MEET IN SINGAPORE AS PART OF A GLOBAL WARM-UP TO THE PARIS 2024 OLYMPIC GAMES

The unique event, which is among the first global events created to build excitement for the upcoming Olympic Games, sees French and Singaporeans athletes and artists coming together to revitalise the iconic skate park in Singapore SINGAPORE, May 24, 2024 /PRNewswire/ -- In the lead up to the Paris 2024 Olympic Games, the Embassy of France in Singapore is organising a special two-day celebration of sports and arts aptly titled Artletics - making it among the first celebratory events organised around the world to drum up excitement for the global sports meet. In collaboration with local partner Art Outreach and supported by the Singapore Tourism Board, the event happening on 25 and 26 May sees urban sports athletes and urban artists from both countries converging at the 18-year-old Somerset Skate Park to immerse Singaporeans in a joint showcase of their talents. The event's focus on urban sports gives a nod to the inclusion of the category into the upcoming Paris 2024 Olympic Games, which includes sports like BMX, skateboarding and breaking. It also runs parallel to the plans to transform the Place de la Concorde in Paris into an urban sports space. The unique collaboration also serves as a bridge between France and Singapore, deepening cultural ties through a shared passion for artistic expression and athleticism. Ambassador of France to Singapore Her Excellency Minh-di Tang said, 'Artletics embodies the spirit of street culture and celebrates artists and athletes striving for excellence, creativity and team spirit in the city where they leave lasting legacies and drive positive change in society. These core values pay homage to what the Olympic Games stand for, which France is hosting for the third time this year. Through Artletics, we want to showcase the best of French and Singaporean artistry, athleticism and sportsmanship, strengthening the cross-cultural partnerships our countries have enjoyed for many years." The transformed Somerset Skate Park in Singapore will host exhilarating showcases by urban sports athletes and practitioners from Singapore and France, including Max Berguin, the champion of the France Street Skateboard 2023 (Image courtesy of Embassy of France in Singapore) Somerset Skate Park transformed into a vibrant urban playground Artletics caps off a month-long line up of programmes under the vOilah! France Singapore Festival - an annual cultural festival organised by the Embassy of France in Singapore to demonstrate French creativity and innovation through the power of cross-cultural collaborations. In the spirit of enabling cultural exchanges, the Somerset Skate Park in the heart of Orchard Road is transformed into a dynamic space as orchestrated by urban artists from Singapore and France. Three visual artists from Singapore - Zero, Spaz, and Simpleproblembeings - worked alongside French muralist Elsa Martino and graffiti artist Kekli to enliven the space by decorating the walls and the ramps of the skate park with vibrant designs. Supported by Singapore's urban art collective RSCLS, these artists also will lead the public in engaging art jam sessions to partake in a collaboration of community artwork. First to utilise the redecorated space are French skateboarding athlete Max Berguin, Champion of the France Street Skateboard 2023 and Singaporean urban sport communities in the field of skateboarding, breaking, BMX, bike trials, parkour and yo-yo who will be displaying their talents to spectators. The event also features adrenaline-inducing urban sports showcases, opportunities for the public to take part in workshops conducted by local urban sports groups, as well as music sets in the evening by Singaporean DJs Kiat and Intriguant. "Artletics is a vibrant celebration of the creative spirit that bridges French and Singaporean cultures through youth, urban sports and art," said Mae Anderson, Chairman of Art Outreach. "We are thrilled to see French and Singaporean artists and skateboarders come together, transforming Somerset Skate Park into a collaborative canvas. We hope this event serves as a great opportunity for everyone to experience the power of art, athletics, while fostering a sense of belonging, inclusion and community spirit." Singapore's Somerset Skate Park will be transformed with artworks by Singaporean and French artists as part of Artletics - one of the first celebratory events globally to create excitement for the upcoming Paris 2024 Olympic Games (Image courtesy of Embassy of France in Singapore) More details of the festival and the programme can be found at www.voilah.sg/artletics. -END- About vOilah! 2024 vOilah! 2024 returns from 25 April to 26 May 2024. Presented by the Embassy of France in Singapore, this year's edition will focus on celebrating the dreams and passions of artists and athletes, bringing experiences that make life more vibrant through strong connections between the French and Singaporean communities. This year, visitors can look forward to 19 programmes covering audiovisual arts, performing arts, visual arts, lifestyle, sports, education, science, music. With the support of more than 50 partners, vOilah! 2024 is a culmination of vibrant and dynamic experiences that will strengthen an appreciation of arts, culture and innovative collaborations between our countries. For more information, visit www.voilah.sg/artletics/ About Art Outreach Art Outreach, established in 2003, passionately promotes art appreciation and strengthens the local art ecosystem. We also empower practitioners through professional development support and an incubatory art space. Our year-round programmes, tailored to diverse audiences, include educational talks, art tours, exhibitions, and workshops, fostering a deeper understanding and appreciation of art and artists within the community. By supporting a wide range of artists and art shows, we actively promote plurality and advocacy within the arts, championing inclusivity and celebrating a rich tapestry of artistic expression. Art Outreach has been an IPC charity since inception, and has been a multiple-year recipient of the Commissioner of Charities governance award. We are led by a deeply committed board and nurture a dynamic and cohesive team culture. For more information, please visit www.artoutreachsingapore.org/

Compassionate closure for those who are unable to fulfil hopes and expectations of fertility treatment
Compassionate closure for those who are unable to fulfil hopes and expectations of fertility treatment

MANILA, Philippines, May 24, 2024 /PRNewswire/ -- Compassionate closure is a vital aspect of the holistic care of millions of people each year who are left with lost hopes and dreams of parenthood after assisted conception. In the dynamic and rapidly expanding field of assisted reproductive technology, the reality of treatment failure is often suppressed with highly emotional and lasting psychological consequences. In the Philippines today, a global conference on reproductive health heard of the growing need to integrate psychosocial support in the scientific and clinical delivery of fertility treatment for people who are struggling to conceive. Speaking at the 2024 Congress of the Asia Pacific Initiative on Reproduction (ASPIRE) in Manila, leading Australian fertility counsellor, Ms Rebecca Kerner, said an increasing number of individuals and couples were accessing fertility treatment because they were unable to create their longed-for families without assistance. "Yet, in spite of remarkable advances in reproductive technology and increasing treatment options and add-ons, the current world-wide chances of success in being able to take home a baby can be less than thirty per cent per cycle," she said. "So, it is important that people seeking assisted reproduction are engaged in early conversations with their specialist providers about treatment uncertainties, including the very real possibility of failure." This is an important role of fertility counsellors, particularly those providing support for couples who are struggling in their treatment journeys, those with guarded reproductive prognoses, or those who have had unsuccessful treatment cycles. Ms Kerner is Chair of the ASPIRE Special Interest Group of Psychology and Counselling and President of the Australian and New Zealand Infertility Counsellors Association. She said helping patients to have compassionate closure in treatment should begin not at the end of the program, but early in the course of treatment – particularly for those with a guarded prognosis. "It is the role and responsibility of providers in assisted reproductive technology – scientists, clinicians, nurses, counsellors and administration staff – to initiate these early conversations about treatment uncertainties, including the possibility of failure," she explained. "It is important to be transparent in providing accurate statistics about the realities of success based on each individual or couple's specific circumstances. "The emphasis needs to be on patient centred approaches that prioritise empathy, honesty and shared decision making. It draws on the commitment of fertility clinics to recognise that end of treatment decision making is multi-faceted, often requiring time and space for respite and reflection. "Psychosocial specialists, including those in the involuntary childless community, can provide coping options for patients to help them build resilience as they navigate treatment outcomes, including potential loss and grief. The focus should move away from clinical outcomes to how we take care of patients across their whole journey. "With appropriate holistic care, patients who will never take home the babies they long for will not be deemed as failing. They can have successful outcomes in terms of appropriate support and guidance in their grief and loss to find meaningful and satisfying lives in different ways." Such patients are often very grateful to their clinics for providing care that may be unsuccessful, but they are able to live the rest of their lives with a sense of acceptance and peace of mind. Singapore-based psychologist and fertility counsellor, Tanja Faessler-Moro, also addressed the ASPIRE Congress on the importance of patient centred care in assisted reproduction "Individuals and couples are often experiencing a mental and emotional rollercoaster when going through fertility treatment, and they want to feel safe and acknowledged when going through their journey," Tanja explained. "This is why it is essential for counselling to be integrated into every reproductive treatment clinic, not only for the benefit of patients, but the whole health care team involved." ASPIRE is a unique task force of clinicians and scientists involved in the management of fertility and assisted reproductive technology (ART). It represents over twenty countries throughout the Asia Pacific region, and it is dedicated to improving knowledge and awareness of fertility issues. The ASPIRE Congress is being held at the Philippine International Convention Centre in Manila from 23 to 26 May. For further information, go to the Congress website www.aspire2024.com