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Singapore tops list as most globalized country, reveals DHL Global Connectedness Report 2024

  • Hong Kong is ranked 10th – the only other Asian market in the top 10 most connected list
  • Globalization reached a record high, despite pandemic and geopolitical conflict
  • Current level of globalization at only 25 percent, citing large potential to continue growing global flows
  • Evidence points to robust intra-Asia trade flows and intercontinental trade demand between Asia and the West

SINGAPORE – Media OutReach Newswire – 13 March 2024 – DHL and New York University’s Stern School of Business today released the new DHL Global Connectedness Report 2024, the most comprehensive available analysis of globalization’s state and trajectory. It tracks how flows of trade, capital, information, and people move around the world and measures the globalization of 181 countries and territories.

DHL releases latest Global Connectedness Report
DHL releases latest Global Connectedness Report
Singapore tops list as most globalized country, reveals DHL Global Connectedness Report 2024
Singapore tops list as most globalized country, reveals DHL Global Connectedness Report 2024



The report reveals that globalization reached a record high in 2022 and remained close to that level in 2023 – despite a series of global shocks over the past decade, including the Covid-19 pandemic, wars in Ukraine and Gaza, the U.S. – China trade conflict, and the UK’s withdrawal from the EU. The evidence strongly rebuts the notion that the growth of global flows has gone into reverse.

Trade growth played a crucial role in boosting global connectedness. The share of global output traded internationally was back to a record high level in 2022. After a slowdown in 2023, trade growth is forecast to accelerate in 2024. The globalization of information flows has been especially strong over the past two decades, even though the latest data show a stall in their growth, partly due to less research collaboration between the U.S. and China. Corporate globalization is rising, with companies expanding their international presence and earning more sales abroad.

The report affirms the considerable potential to continue growing global flows. It pegs the world’s current level of globalization at only 25%, on a scale from 0% (meaning no flows cross national borders) to 100% (borders and distance have ceased to matter at all).

Commenting on the findings for the region, Ken Lee, CEO for Asia Pacific, DHL Express, said, “We continue to see the resilience of globalization, and its profound impact on cross-border trade between Asia and the rest of the world. Trade demands within Asia also remain strong due to the establishment of several trade agreements. As a trade facilitator, we firmly believe that globalization is a powerful force that has huge potential to reinvigorate economic growth. We will leverage our global network to boost interconnectivity and enhance opportunities for our customers. Our digital tools such as Global Trade Services will also help more companies trade internationally by making it easier for them to understand the customs and regulations of the markets they want to enter.”

Ranking of most globalized markets: Singapore at the top, followed by the Netherlands as #2 and Hong Kong #10

In the new ranking of the world’s most globally connected markets, Asian economies Singapore and Hong Kong come in among the top 10, with Singapore coming in first. It is ranked first on ‘depth’ as it has large international flows relative to the size of its domestic economy, due in part to its public policy to effectively integrate itself into the global economy. Singapore has also topped the charts on the trade and capital pillars. Singapore’s total merchandise trade between 2019 and 2022 jumped 33 percent from approx. EUR701 billion to EUR937 billion (S$ 1,022.2 billion to S$ 1,365.4 billion).

“Singapore has invested heavily in strengthening our physical and digital connectivity to the world because trade is our lifeblood. We continue to enhance our connectivity and trade links to remain a critical and trusted node in global supply chains, facilitating international trade and flows of capital, information and talent. We look forward to partnering with global companies seeking a launchpad for business growth and supply chain expansion in Asia-Pacific and beyond,” said Ih-Ming Chan, Executive Vice President, Singapore Economic Development Board.

Hong Kong is placed at the 10th position. Its global connectedness reaffirms the state’s position as a gateway for flows between Mainland China and the rest of the world. It also signals the growing importance of the Greater Bay Area along with Macau’s advance in ranking.

Intra-Asia trade flows remain strong while the West remain key trading partners of Asia

Evidence shows that markets in Asia Pacific are strongly connected with each other in the region. In fact, at least 70 percent of the countries in Asia Pacific have strong flows with their Asian counterparts. Looking at these countries’ top 10 connections, six or more are with an Asia Pacific market, citing robust intra-Asia trade. The Asian region is also closely connected with the West, with many of them having the United States or United Kingdom as their top 10 connections.

Globalization has not given way to regionalization

Further, the report shows that predictions of a global shift from globalization to regionalization are not – at least yet – borne out in patterns of international flows. In fact, most international flows are taking place over stable or even longer distances, with a declining share happening inside major geographic regions. In the realm of trade, only North America shows a clear shift to more regionalized trade patterns.

“Deglobalization is still only a risk, not a current reality,” says Steven Altman, Senior Research Scholar and Director of the DHL Initiative on Globalization at NYU Stern’s Center for the Future of Management. “Geopolitical threats and public policy shifts have led many to predict a fracturing of the world economy along geographic or geopolitical lines, or even a retreat from international to domestic business. But the latest data still show that international flows are growing and very few countries are cutting ties with their traditional counterparts. It is important to recognize the resilience of global flows because a lopsided focus on the threats to globalization could make deglobalization a self-fulfilling prophecy.”

U.S. – China ties diminish, and Russia shows unprecedented decline in global connectedness, but no wider split of the world economy between rival blocs

The DHL Global Connectedness Report also shows that U.S.-China ties continue to diminish, with the shares of both countries’ flows involving each other decreasing by about one-quarter since 2016. However, both countries remain significantly connected, demonstrating larger flows than almost any other pair of countries. Russia and Europe have decoupled, resulting in Russia facing an unprecedented drop in connectedness, more than twice as much as any previous decline on record among the world’s 20 largest economies. At the same time, the data analysis demonstrates that there is no wider split of the world economy between rival geopolitical blocs.

The DHL Global Connectedness Report

Published regularly since 2011, the renowned DHL Global Connectedness Report (previously DHL Global Connectedness Index) provides reliable findings on globalization trends by analyzing 15 types of international trade, capital, information, and people flows. The 2024 edition is based on almost nine million data points. It ranks the connectedness of 181 countries, accounting for 99.7 percent of the world’s gross domestic product and 98.7 percent of its population. A collection of 181 one-page country profiles provides concise summaries of individual countries’ globalization patterns.

The report was commissioned by DHL and authored by Steven A. Altman and Caroline R. Bastian of New York University Stern School of Business.

Note to editors:
The report and further resources are available at dhl.com/globalconnectedness.

Hashtag: #DHLExpress #GlobalConnectednessReport #Globalization




The issuer is solely responsible for the content of this announcement.

DHL – The logistics company for the world

DHL is the leading global brand in the logistics industry. Our DHL divisions offer an unrivaled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With about 395,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global sustainable trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, engineering, manufacturing & energy, auto-mobility and retail, DHL is decisively positioned as “The logistics company for the world”.

DHL is part of DHL Group. The Group generated revenues of more than 81.8 billion euros in 2023. With sustainable business practices and a commitment to society and the environment, the Group positively contributes to the world. DHL Group aims to achieve net-zero emissions logistics by 2050.

New York University Stern School of Business, located in the heart of Greenwich Village and deeply connected to the City after which it is named, is one of the United States’ premier management education schools and research centers. NYU Stern offers a broad portfolio of transformational programs at graduate, undergraduate, and executive levels, all of them enriched by the dynamism and profound resources of one of the world’s business capitals. NYU Stern is a welcoming community that inspires its members to embrace and lead change in a rapidly transforming world. Visit www.stern.nyu.edu.

ABPGroup Accelerates Rapid Expansion Through Asia with Strategic Launch in Taiwan


SINGAPORE – Media OutReach Newswire – 13 March 2024 – In a bold move that underscores its leadership in the cybersecurity industry, ABPGroup recently announce its latest expansion into Taiwan, marking a significant milestone in its rapid growth across Asia. This strategic initiative is a testament to ABPGroup’s unwavering commitment to delivering cutting-edge security solutions and fortifying the digital landscape in the region.

Figure 1: ABPGroup Team at Taiwan Grand Opening
Figure 1: ABPGroup Team at Taiwan Grand Opening

Headquartered in Singapore, ABPGroup has carved a niche for itself as a trailblazer in cybersecurity, with a formidable presence in key markets including Singapore, Malaysia, Indonesia, Thailand, Vietnam, the Philippines, Hong Kong, and China. The addition of Taiwan to its portfolio is a strategic decision aimed at broadening its reach and reinforcing its position as a frontrunner in the industry.

Figure 2: Sun Yi, Group CEO of ABPGroup
Figure 2: Sun Yi, Group CEO of ABPGroup

Sun Yi, Group CEO of ABPGroup, expressed his excitement about the expansion, stating, “The launch of our Taiwan office is a pivotal moment in ABPGroup’s journey. It reflects our dedication to driving cybersecurity innovation and our relentless pursuit of excellence. As we continue to expand our footprint across Asia, we are more committed than ever to empowering businesses with robust security solutions that protect their digital assets and ensure their resilience in an ever-evolving threat landscape.”

ABPGroup is committed to enhancing Asia’s cybersecurity foresight and contributing monumentally to the region’s digital landscape. By offering a comprehensive suite of services, including advanced threat intelligence, proactive incident response, and bespoke security consulting, ABPGroup addresses the unique challenges faced by businesses in Asia. This strategic approach ensures that companies are equipped with the tools and expertise needed to navigate the complexities of the digital world, showcasing Asia’s leadership in embracing forward-thinking cybersecurity measures.

ABPGroup’s expansion into Taiwan is a clear indication of its ambition to lead the cybersecurity revolution in Asia, providing clients with access to the latest technologies and best practices in the industry. With a track record of innovation and excellence, ABPGroup is poised to continue its trajectory of growth and success in the region.

For more information about ABPGroup, please visit www.abpgroup.com.

Hashtag: #Technology #ABPGroup #CyberSecurity



The issuer is solely responsible for the content of this announcement.

About ABPGroup

ABPGroup is a premier provider of cybersecurity solutions in the Asia region, dedicated to safeguarding businesses from the dynamic threats of the digital age. ABPGroup encompasses several key entities, including Sunnic, ABPSecurite, and ABPCyber, each specializing in different aspects of cybersecurity to provide a holistic approach to digital security.

Headquartered in Singapore, the group has established a strong presence in key markets, including Singapore, Malaysia, Indonesia, Thailand, Vietnam, the Philippines, Hong Kong, Taiwan, and China.

Leung Son Keng and Sophie Hedou won the Goodman Health Walk and Running Race


HONG KONG SAR – Media OutReach Newswire – 13 March 2024 – The 2024 Goodman Healthy Hike & Run took place, a spectacular display of athleticism and a celebration of the city’s breathtaking trails. Over 550 competitors from Hong Kong and around the world gathered to participate in this incredible event.

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In an extraordinary feat, local Hong Kong runner Leung Son Keng and Sophie Hedou (France) emerged as the champions of the 2024 Goodman Healthy Hike & Run. Leung, secured the first-place position in the men’s 19 km category, while Hedou took first-place in the women’s 19 km category.

Runners competed under three categories – 5 km, 13 km and 19 km, all enjoying the spectacular view of the Tai Lam Chung Reservoir, commonly known as the ‘Thousand Islands Lake’. The runners were joined by spectators on the course and at the finish line. The Goodman Healthy Hike & Run promotes the beautiful hiking trails around Hong Kong and supports environmental initiatives such as ‘leave no trace’.

Race Results

The results reflected a tight race across all categories. In the 19 km run, Leung from Hong Kong and Hedou from France were crowned champions with a winning time of 1 hour 37 minutes 10 seconds and 1 hour 49 minutes 5 seconds respectively.

Leung couldn’t hide his excitement as he secured the title. ”Running on this picturesque trail was a privilege and I savoured every moment, ” he said. “The race brought together a group of competitors and it’s an honour to stand at the top. The course marking was excellent and very happy with the great organization” said Leung.

Reflecting on her victory in the women’s 19 km run, Hedou said, ”The energy of the people around me motiving me at the start, the beauty of the trail fuelled to the end really helped me. I did the Goodman race last year and came 2nd, so this year getting the win is extra special. The Tai Lam trails around the reservoir in this part of Hong Kong’s trails are truly remarkable, and I’m grateful to compete on such a stunning course.”

Run Responsibly and Sustainably

To enhance the enjoyment of the hike and run journey while minimizing waste, the organisers provided fruit, biscuits, energy bars, sandwiches and water at various checkpoints and the finish line, with runners required to bring their own water bottles & flasks to refill on the way.

Under the ‘leave no trace’ initiative, the equivalent of 1200 paper cups were saved during this year’s event and 9 bags of waste were recycled.

Kristoffer Harvey, Chief Executive Officer, Greater China at Goodman Group, said: ”Congratulations to the winners and all the participants for a great race. Well done to Action Asia for once again hosting this incredible event with such an impressive turnout. It’s great to see so many different groups of people embrace this sustainable race. We hope that by being part of the Goodman Healthy Hike and Run, either as a participant or a spectator, it will continue to inspire people to keep ‘leaving no trace’ while enjoying the natural beauty of Hong Kong and keeping healthy.”

Michael Maddess, Director of Action Asia Events, said: “Congratulations to all the winners — their achievements are truly well-deserved! We are proud to have partnered with Goodman, a company that shares our passion in prioritising sustainability, health, and wellbeing. Congratulations to the winners and all the competitors.”

The Goodman Healthy Hike & Run set off from Tai Tong Shan Road BBQ area at 7:30 am with the 19 km / 13 km / 5 km races setting off at different times. The event is organised by Action Asia Events, with generous support from title sponsor Goodman Group, as well as partners including Royale International, Action X Store, Watsons Water, Andros, Torq, Fitz, C3fit,, Bix Hydration, St Johns Ambulance, New Life Plastics, Action Asia Sports Academy and Ocean Recovery Alliance.

Overall – BIB – Name – Nationality – Team / Sponsor – Race Time

19 km – Overall Men’s Top 5

1 (256) Leung Son Keng – HKSAR – 1:37:10

2 (261) Boisseuil Pierre – HKSAR – Team Babs – 1:37:37

3 (238) Cho Yu Hin Jeffrey – HKSAR – The Peak Hunter – 1:41:55

4 (237) Quesnot Jean Joseph – France – 1:48:44

5 (147) Kelly Mark Arthur – Ireland – 1:49:18

19 km – Overall Women’s Top 5

1 (260) Hedou Sophie – HKSAR – Team Babs – 1:49:50 2 (251) Coady Olivia – HKSAR – 1:59:31

3 (257) Chan Joan – China – 2:03:00

4 (136) Gauthier Alison – US – Bali Trail Running – 2:13:32 5 (184) Yeow Sophie Shu-Ling – HKSAR – 2:14:30

13 km – Overall Men’s Top 5


1 (260) Hedou Sophie – HKSAR – Team Babs – 1:49:50

2 (251) Coady Olivia – HKSAR – 1:59:31

3 (257) Chan Joan – China – 2:03:00

4 (136) Gauthier Alison – US – Bali Trail Running – 2:13:32

5 (184) Yeow Sophie Shu-Ling – HKSAR – 2:14:30

13 km – Overall Women’s Top 5

1 (432) Davis Chris – UK – 1:03:56

2 (388) Connolly Creighton – Canada – Gone Runners – 1:10:02

3 (478) Ford Bolton – US – 1:12:35

4 (466) Deloy Patrick – HKSAR – 1:12:48

5 (456) Kinloch Christopher – UK – Repulse Rebels – 1:13:22

5 km – Overall Men’s Top 5

1 (879) Tsang, Silas, Pui Yeung – HKSAR – 28:59 2 (887) 陳, 泊言 – TSWMC – HKSAR – 29:00

3 (1045) Leclercq, Louis – CYU – France – 30:08 4 (1046) Leclercq, Cyril – CYU – France -30:12

5 (896) 梁, 禮謙 – TSWMC – HKSAR – 30:58

5 km – Overall Women’s Top 5

1 (805) Chan, Cwensuela Danielle Cheuk Lam Chan Clan – Australia – 33:37 2 (807) Chan, Charlotte Dakota Yi Lam – Chan Clan – Australia – 34:19

3 (1025) Champion, Jessie – the champs – France – 35:53 4 (812) Macapundag, Nurmie – Philippines – 37:42

5 (824) Li, Sheena – HKSAR – 38:06

Race Info

Event Name: Goodman Healthy Hike and Run 2024
Date: Sunday, March 10, 2024
Distance: 5 km, 13 km, 19 km
Start Time: 7:30 am (19 km) 7:40 am (13 km / 5 km)
Start Location: Tai Tong Shan Road BBQ area (500m above Po Leung Kuk), Tai Lam, NT, Hong Kong
Category: Hiking and trail running options
Course Information: https://www.actionasiaevents.com/our-events/2024-goodman-healthy-hike/

For more race details, please visit below:

www.actionasiaevents.com www.facebook.com/ActionAsiaEvent/
www.instagram.com/actionasiaevents/
www.youtube.com/user/ActionAsiaEvents

Hashtag: #ActionAsiaEvents

The issuer is solely responsible for the content of this announcement.

GC secures the Top 1% in S&P Global ESG Scores and is ranked as the No. 1 Sustainable Company out of 355 Chemical Companies Worldwide


BANGKOK, THAILAND – Media OutReach Newswire – 13 March 2024 – Dr. Kongkrapan Intarajang, CEO and President of PTT Global Chemical Public Company Limited or GC, revealed that GC has been ranked in the global sustainable company with a Top 1% S&P Global ESG Score, securing the No. 1 with the highest score among over 355 companies in the global chemicals sector. This reinforces the company’s reputation as a global sustainability leader.

Dr. Kongkrapan Intarajang, CEO and President of GC
Dr. Kongkrapan Intarajang, CEO and President of GC

GC has set a strategy to become a low-carbon organization, with the goal of achieving Net Zero by 2050. This aligns with the Paris Agreement under the United Nations Framework Convention on Climate Change. The approach is executed through three clear and measurable core strategies.

  1. Efficiency-driven: Enhancing efficiency and reducing energy use while increasing the proportion of environmentally friendly renewable energy. In 2023, there were a total of 194 energy conservation projects, reducing energy consumption by over 1.84 million gigajoules.
  2. Portfolio-driven: Restructuring the business towards low-carbon businesses and aligning with bio-based products and circular economy principles (Bio & Circularity Business). This includes ENVICCO, the first high-quality, food-grade recycled plastic resin manufacturing plant in Thailand certified by the Thailand Food and Drug Administration (FDA), the U.S. Food and Drug Administration (US FDA), and the European Food Safety Authority (EFSA). This effort can reduce plastic waste in Thailand by more than 60,000 tons per year, reducing greenhouse gas emissions by 75,000 tons of carbon dioxide equivalent.
  3. Compensation-driven: Forestation of terrestrial and mangrove forests for carbon absorption from nature and ecosystem restoration has been ongoing for over 10 years (2013-present). This is in collaboration with government agencies, trading partners, business partners, and allies, from upstream to downstream, to foster positive biodiversity conservation. Additionally, agricultural products help create jobs and income for the community.

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GC is committed to operating business under the principles of Environmental, Social, Governance, and Economic (ESG) balance, focusing on promoting sustainability throughout the business chain. The company extends collaboration to all sectors to facilitate a tangible transition towards sustainability nationally and globally. GC is always mindful that as global citizens, the company has a responsibility to care for and create a sustainable balance for all lives, aiming to pass on a better world to future generations.

“The Sustainability Yearbook” is a ranking of sustainable companies based on global sustainability assessments by S&P Global. In 2024, over 9,400 companies worldwide participated in the evaluation, with only 759 companies achieving the scores necessary to be included as Yearbook Members across 62 industry sectors. S&P Global is considered an index that evaluates the performance of companies in line with leading global standards for sustainable development, ensuring that companies manage all aspects according to ESG principles. This enables them to generate sustainable returns for investors and create long-term value for stakeholders. The results of this assessment are also used in the consideration for membership in the global sustainability index, the Dow Jones Sustainability Indices (DJSI). GC is a member of the DJSI World Index, achieving the world’s No. 1 ranking in the chemicals sector for five consecutive years.

Hashtag: #DJSI #GC #ChemistryforBetterLiving #GCSustainableLiving #BetterforYouBetterforOurWorld


The issuer is solely responsible for the content of this announcement.

About GC

PTT Global Chemical Public Company Limited, or GC, is dedicated be a leading global chemical company that enhances people’s lives with innovative plastics and chemicals following our vision of Chemistry for Better Living. We operate a business that prioritizes the balance of environmental, social, and corporate governance alongside economic (ESG) efficiency, aiming to maximize resources use under the Circular Economy concept. GC focuses on innovating products and solutions that address megatrends while meeting the expectations of all stakeholders.

GC is the only company in the world to have been ranked number 1 in the Chemicals Sector by the Dow Jones Sustainability Indices (DJSI) with the highest score for five consecutive years (2019-2023) by S&P Global. Also, we have been rated at Leadership Level (A List) in water management and environmental management in climate change by CDP. Currently, GC has manufacturing plants and distributors in and outside of Thailand, 43 international operation sites and 33 global Tech centers in 20 countries worldwide. GC is driving toward becoming a low-carbon organization while ensuring sustainable business growth by setting clear strategies and plans that are trackable, with aims to reduce greenhouse gas emissions for 20 percent by 2030 on our journey towards achieving Net Zero by 2050.

Thai Election Body to Seek Dissolution of Progressive Party That Won Last Year’s General Election

The Move Forward party’s leader, Chaithawat Tulathon, center right, and its former leader, Pita Limjaroenrat, center left, talk to reporters during a news conference at parliament in Bangkok, Thailand, on 31 January 2024. (Photo: AP)

BANGKOK (AP) — Thailand’s Election Commission said on Tuesday, 12 March it will seek the dissolution of the progressive Move Forward party, which won last year’s general election, after a court ruled that the party’s proposal to amend a royal anti-defamation law was unconstitutional.

NETGEAR Brings Powerful Yet Compact WIFI 6E Mesh System to It’s Nighthawk Line

Nighthawk MK92 Tri-Band System unlocks speeds of up to 5.7Gbps for homes up to 5,000 square feet


HONG KONG SAR – Media OutReach Newswire – 13 March 2024 – NETGEAR®, Inc. (NASDAQ: NTGR), the leading provider of award-winning connected products designed to simplify and improve people’s lives, today introduced the Nighthawk Tri-Band Mesh WiFi 6E System (MK92), engineered for exceptional mesh WiFi range and performance.

Netgear

The system, consisting of a router and a satellite, delivers 50% improved WiFi performance over the previous model1 and faster WiFi speeds up to 5.7Gbps2. With the powerful quad-core 1.7GHz processor and new WiFi 6E tri-band technology, it offers less congestion, ultra-low latency, and more bandwidth.

With the capacity to support up to 100 devices, the MK92 system provides enough bandwidth to connect smart home devices, stream multiple 4K/8K movies, hold important Zoom video calls, monitor security cameras or baby monitors, and compete in online games, all at the same time. And the new compact, elegant design enables it to be placed anywhere around the home to eliminate dead zones, so strong WiFi can be enjoyed even in those typically hard-to-reach areas.

The patented antennas amplify the signal for strong, consistent coverage that won’t degrade, ultimately providing advanced whole home coverage of up to 5,000 square feet with an integrated, adaptive network that adjusts the connection between the router and satellites for best performance.

WiFi needs have grown significantly in the past few years, and more people are relying on fast, consistent WiFi to keep them seamlessly connected throughout their home. But many who have upgraded their Internet speeds with their service providers for multi-gig connectivity may not have a home network to take advantage of the increase speed.

The MK92 includes a new 2.5Gig Internet port to lock in ultra-fast internet speeds (up to 2.5Gbps) helping users to get the most from the service they purchase. It also includes seven Ethernet ports for wired connections to gaming consoles or IoT gateways.

Customization is key in today’s multi-device home environment. The MK92 includes the ability to create unique, customized WiFi networks on the 2.4GHz, 5Ghz, and 6Ghz WiFi bands. The system’s powerful 3×3 2.4Ghz radio increases the performance and range for IoT devices, such as door locks, pool heaters, smart sprinklers and security cameras which are usually outside or at the perimeter of the home.

With a dedicated 2.4Ghz SSID, these devices can be separated from high speed/low latency traffic such as streaming and gaming. And with Dynamic QoS, internet traffic is automatically prioritized by application and device to enable smoother streaming for the devices that require it.

“We’re seeing customers upgrading their internet services and paying for the highest available speeds, but they’re unable to fully benefit from those speeds without the use of a mesh router system like the new Nighthawk Tri-Band Mesh WiFi 6E,” said David Henry, president & GM of Connected Home Products and Services at NETGEAR. “The Nighthawk Tri-Band system is designed to help people cost effectively get the most out of their internet speed and drive greater network efficiency to unlock powerful WiFi range and performance.”

Technical specifications:

  • Fast, reliable speeds: Total wireless speeds of up to 5.7Gbps make for smoother
    Ultra HD 4K streaming.
  • Latest WiFi 6E Technology: WiFi 6E provides 50% faster speeds & double the device
    capacity for MK93S compared to the previous WiFi 6 product. Experience greater speed, ultra-low latency, & more bandwidth with the new 6GHz band.
  • Super-fast Tri-band WiFi: NETGEAR Tri-band technology ensures max speeds for up to 100 connected devices to keep up with your family’s streaming, gaming, & smart home needs. Plus, with our customized WiFi, you can enable a 2.4GHz WiFi connection solely for your IoT devices.
  • Powerful Quad-core Processor: More processing power increases the overall performance of your network.
  • More Wired Connections: Five Ethernet ports for your gaming console & IoT gateway wired connections. Boost your wired speeds up to 2Gbps† by linking two LAN ports together–ideal for network storage.
  • Fast Multi-Gig Internet: Get today’s fastest Internet with up to 2.5Gbps† Internet port for your most demanding tech products—such as game consoles, streaming players, & computers.
  • Ease of use: Easy setup with the Nighthawk app, customize and enjoy your new Nighthawk Mesh WiFi in minutes.

NETGEAR Armor Powered by Bitdefender

With so many devices connected on home WiFi networks today, security and privacy are critical. For real-time protection against hackers and added privacy with VPN, NETGEAR Armor™ Powered by Bitdefender® provides an automatic shield of security for all WiFi and connected devices (PC, phone, camera, TV, Echo, etc.)

Availability

The NETGEAR Nighthawk® Tri-Band WiFi 6E Mesh System is available now in Hong Kong on NETGEAR.com/hk-en/ first and at other major retailers subsequently.

Retail price: HKD 4,598

Link expiry date: 28 March 2024

1 MK92 combined WiFi speed of up to 5.7 Gbps is up to 50% faster than the previous model MK83 with a combined speed of up to 3.6 Gbps.

2 Maximum wireless signal rate derived from IEEE 802.11 specifications. Actual data throughput and wireless coverage will vary and be lowered by network and environmental conditions, including network traffic volume, device limitations, and building construction. NETGEAR makes no representations or warranties about this product’s compatibility with future standards. Up to 5.7Gbps wireless speeds achieved when connecting to other 802.11ax 5.7Gbps devices. Up to 2.5Gbps wired speeds achieved when connecting to other wired speed 2.5Gbps devices. Up to 2Gbps wired aggregated speeds achieved when connecting to other 2Gbps wired aggregated support devices.

Hashtag: #netgear #nighthawk

The issuer is solely responsible for the content of this announcement.

About NETGEAR, Inc.

NETGEAR® (NASDAQ: NTGR) has pioneered advanced networking technologies for homes, businesses, and service providers around the world since 1996 and leads the industry with a broad range of award-winning products designed to simplify and improve people’s lives. By enabling people to collaborate and connect to a world of information and entertainment, NETGEAR is dedicated to delivering innovative and advanced connected solutions ranging from mobile and cloud-based services for enhanced control and security, to smart networking products, video over Ethernet for Pro AV applications, easy-to-use WiFi solutions and performance gaming routers to enhance online game play. The company is headquartered out of San Jose, Calif. with offices located around the globe. More information is available from the or by calling (408) 907-8000. Connect with NETGEAR: , , and the at .

©2023 NETGEAR, Inc. NETGEAR, the NETGEAR logo and Nighthawk are trademarks and/or registered trademarks of NETGEAR, Inc. and/or its affiliates in the United States and/or other countries. Other brand and product names are for identification purposes only and may be trademarks or registered trademarks of their respective holder(s). The information contained herein is subject to change without notice. NETGEAR shall not be liable for technical or editorial errors or omissions contained herein. All rights reserved.

UXLINK Raised close to $10M in Funding


DUBAI, UAE – Media OutReach Newswire – 13 March 2024 – UXLINK, a fast-growing Web3 social platform and infrastructure, has recently closed a new round of funding, accumulating over $9 million total investment. This round’s investors include OKX Ventures, Web3Port Foundation, Manifold, UOB Venture, Comma3 Ventures, Cypher Capital, Kucoin Ventures, Gate Labs, Forgame (0484.HK), ECV, Signum Capital, 7UPDAO, and industry leaders. According to Singapore Corporate Information, HongShan Capital, GGV Capital, MatrixPort Ventures and ZhenFund are also its investors. UXLINK’s backers include not only crypto and exchange investors from North America, Asia, and the Middle East, but also strategic investors like publicly listed companies. According to its community, UXLINK may raise another round of funding prior to TGE. As a social ecosystem, UXLINK is a leading solution for aggregating Web3 gateway, social DEX, and infrastructure for mass adoption.

UXLINK Raised Over $9M in Funding, Leading Investors include OKX Ventures and HongShan

Unlike other social infrastructure projects that focus on one-way, following-only relationships, UXLINK is the first to focus on bi-directional, acquaintance-based social relationships, similar to the differences between Twitter vs. Facebook. UXLINK consists mutual-promoting two layers: The application layer mainly includes Social DEX module and UX Growth (Link to Earn) module. The infrastructure layer includes unique and integrating data and the RWS social protocols, with a plan to launch an innovative Social Liquidity Chain, which utilizes OP Stack L2 and EigenDA technologies, to better support developers and third-party Dapps.

UXLINK has caught the attention of the market and investors with its product innovation and rapid growth. Since its product launch in April 2023, it has gained more than 3.5 million verified users in 10 months, with more than 75,000 decentralized groups, covering more than 6 million users. Its users are mainly located in Southeast Asia, the Middle East, Europe, South Asia, and Africa.

“In Web1.0 and Web2.0 era, there are great products based on acquaintance social relationships, such as Facebook and WeChat, being the main drivers and infrastructure for Mass Adoption, benefiting billions of users; UXLINK is this kind of innovation and project in the Web3 era”

Web: https://uxlink.io/
Twitter : https://twitter.com/UXLINKofficial
Telegram : https://t.me/uxlinkofficial2
Odyssey: https://dapp.uxlink.io/quest

Hashtag: #UXLINK

The issuer is solely responsible for the content of this announcement.

CloudMile Launches Information Security Management Solution Responding to the Growing Risks of Cloud and AI Applications

Streamlining hybrid multi-cloud risk management to help corporates safeguard against data breaches


HONG KONG SAR – Media OutReach Newswire – 13 March 2024 – Effectively managing information security risks has become the foremost challenge for businesses in light of the growing popularity of digital transformation. CloudMile, a leading artificial intelligence and cloud service provider in Asia, announces the launch of its “Information Security Management Solution” tailored for corporate clients, dedicating to addressing risks associated with hybrid multi-cloud environments and AI applications. Leveraging the robust data ecosystems of major public clouds and real-time technical support from the CloudMile team, the solution aims to help enterprises defend against cyber security threats.

CloudMile Launches Information Security Management Solution Responding to the Growing Risks of Cloud and AI Applications
CloudMile Launches Information Security Management Solution Responding to the Growing Risks of Cloud and AI Applications

Increasing Risks of Data Leaks Arising from Cloud and AI Applications

As various cloud-native solutions continue to advance in sophistication, many enterprises are gradually migrating their traditional data centres to the cloud to reduce hardware procurement and maintenance costs while increasing the scalability and flexibility of their organisations. However, in hybrid cloud environments, businesses are confronted with risk management challenges during the integration of cloud and on-premises systems, including a lack of clarity on the differences between cloud and on-premises information security products and a lack of knowledge among internal staff in utilising and implementing cloud security products, etc. In case of user error or misconfiguration in the cloud, the resulted data leaks can lead to significant losses for businesses.

Together with the widespread applications of Generative AI (GenAI) in recent years, the data and relevant information collected and stored herein may be shared with third parties such as vendors and service providers. During the process of sharing data, unauthorised attackers may gain access to and steal the data. Without necessary data protection measures in place, this exposes information security risks, such as data breaches and theft of user information.

84% of Organisations Experienced Hacking Incidents Last Year

According to the latest survey conducted in 2023 by security solution provider Fortinet, 84% of respondents indicated that their organisations had been hacked at least once in the past year. Among those affected, 48% of enterprises reported economic losses exceeding $1 million (equivalent to approximately HKD 7.8 million) due to vulnerabilities in information security. In addition, 46% of the organisations considered “cloud security skills” as the most needed information security skill by businesses today. Last year, two public institutions in Hong Kong fell victim to hackers, resulting in the theft of a significant volume of sensitive data and subsequent demands for ransom. These incidents underscore the increasing importance of information security. Businesses can protect their sensitive and confidential data through third-party professional information security management services.

Simplifying Cloud Management Processes Through Information Security Solutions

CloudMile specialises in providing cloud computing and AI consulting and delivery services. Serving over 700 companies in the Asia-Pacific region, CloudMile has successfully assisted various large and well-known enterprises in cloud migration, showcasing extensive experience in cloud architecture. The “Information Security Management Solution” offered by CloudMile encompasses a holistic assessment, implementation planning, and professional delivery. This comprehensive approach helps clients examine and evaluate their existing security frameworks and resources while also developing blueprints and execution guidelines that align with key reform objectives. The solution enables clients to establish a complete security framework from three perspectives: Personnel, Processes, and Technology.

The solution incorporates international information security standards, including ISO 27001, NIST, and CISHIPPA, ensuring compliance and robust protection. It assists enterprises in performing assessments on the current security framework, defining objectives and implementation items, developing blueprints and information security governance strategies, as well as evaluating existing security defense mechanisms, corporate security culture, governance practices, and reform priorities. CloudMile also provides businesses with professional standardized deployment methods, including the technical planning and cloud environment setup, network construction, security architecture, and staffing, all crucial elements in safeguarding against cyber threats. Additionally, CloudMile offers Cloud FinOps services to optimize cloud architecture and provides education, training, and real-time technical support to solve clients’ technical challenges.

Eric Wong, Country Manager, CloudMile Hong Kong, says, ‘The global trend of enterprises migrating to the cloud has become increasingly prominent, presenting businesses with challenges in hybrid IT and transformation. In hybrid and multi-cloud environments, CloudMile’s services offer comprehensive protection to safeguard enterprises’ underlying hardware infrastructure, ensure network transmission encryption, and fortify defenses against external attacks. By simplifying risk management processes, we aim to offer suitable value-added services for enterprises to relieve IT professionals of management burdens, allowing them to focus their valuable time on core business activities, thereby creating maximum value for businesses’ hybrid multi-cloud applications.’

Hashtag: #CloudMile


The issuer is solely responsible for the content of this announcement.

CloudMile

CloudMile, a leading AI and cloud technology company in Asia, focuses on driving digital transformation for corporate clients and fostering business growth. Leveraging machine learning and big data analysis, CloudMile supports over 700 corporate clients in business forecasting and industrial transformation. CloudMile has earned 200+ accreditations, with over 60 Google Cloud professional certifications. As a Google Cloud Premier Partner, CloudMile is recognized for its expertise in Security, Machine Learning, Data Analytics, Cloud Migration, Infrastructure, Training and Work Transformation for Enterprise. The company serves as a Google Cloud Managed Service Provider (MSP) in Singapore, Malaysia, Taiwan and Hong Kong, and was recognized as the Public Sector Partner of the Year for the APAC Region in 2020. In 2023, CloudMile was honored as the Google Cloud Sales Partner of the Year for the Greater China region. For more information, visit or follow CloudMile on LinkedIn