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Spiritual Journeys on Cloth by Hmong Artist Tcheu Siong

Spiritual Journeys on Cloth by Hmong Artist Tcheu Siong
A 56 year-old Tcheu Siong sewing her textile (photo: APT9)

The German Embassy, on 2 May, became a canvas for the artistry of Tcheu Siong, a 56-year-old Hmong textile artist from Luang Prabang Province. Her unique textiles, adorned with spirits and dreams, captured the imagination of guests from all walks of life, reflecting the journey from a young dreamer to a globally recognized talent.

Aspects traders need to know about the Japanese yen to trade better – Octa


KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 3 May 2024 – Understanding the intricacies of the Japanese yen (JPY) is essential to excel in trading. It is recognisable by its symbol ¥ and holds immense importance in the Forex market as a major reserve currency due to its popularity in carry trades.

Octa

Impressively, it ranks as the third most traded currency, following only the U.S. dollar and euro. This popularity is thanks to favourable trading conditions, such as high liquidity and faster execution times. Moreover, market analyses and trading forecasts extensively cover the JPY, so traders have plenty of information to make informed decisions and seize trading opportunities.

JPY is a compelling asset to keep in mind, no doubt. And if you are planning a JPY trade at Octa, here’s what you should know.

Safe-haven status and risk sentiment

The yen is often considered a safe-haven currency, meaning it tends to increase in value during periods of global economic uncertainty or market turmoil. This status is due to Japan’s stable political environment, low inflation history, and current account surplus.

For instance, during the 2020 pandemic, financial markets experienced extreme volatility, and investors sought safety in the JPY, among other assets. This demand caused the JPY’s value to rise against other major currencies.

What’s important to note, though, is that the same safe-haven status can also lead to an overvaluation that negatively impacts Japan’s export-driven economy. The Japanese government and central bank may intervene to stabilise the JPY’s value. Therefore, it is better to diversify and not rely on the yen too much.

Economic indicators and events
Gross Domestic Product (GDP) growth, employment rates, and inflation levels are key to assessing a country’s economic health.

This is how a trader would roughly analyse these factors: Japan’s GDP has been gradually growing when measured in yen but suffered if assessed in U.S. dollars due to the yen’s depreciation. Despite a shrinking population, per capita incomes are still rising even with a stagnant GDP. If inflation stays positive and interest rates keep going up, the yen is likely to get stronger.

The unique aspect of Japan’s economic data is the Takan Survey. It focuses on Japanese companies with a minimum capital requirement or those considered highly influential. They are asked about trends and economic conditions affecting their industry in the next quarter and year. Being released before Japan’s GDP data, the Takan Survey is seen as an early indicator.

Currency interventions and government policies

The Japanese government has specific policies regarding currency interventions and interest rates. For instance, the Ministry of Finance intervened in currency markets in the past by selling dollars from their foreign reserves to support the yen’s value. This intervention process, initiated by the finance minister and executed by the Bank of Japan (BOJ), tends to increase volatility in the yen’s value.

Japanese officials are very subtle. They closely monitor and occasionally hint at extraordinary actions to prevent excessive movements in the Forex market. They use statements like ‘We will not tolerate speculative movements’ or ‘We’re ready to take decisive action’ to guide market expectations.

Recently, the BOJ made an important policy shift by ending eight years of negative interest rates and raising the short-term policy rate from –0.1% to between zero and 0.1%. BOJ’s governor, Kazuo Ueda, said they will be careful, keeping an eye on the economy, and continue with policies that support growth without causing problems. If they raise interest rates in the future, it will be done slowly to avoid sudden changes.

Risk management and trade execution
Here are some other key aspects to consider when trading the yen:

  • JPY pairs have two digits less in their quotes compared to standard quotes.
  • Common JPY pairs include USDJPY, EURJPY, GBPJPY, and AUDJPY, known for their high volatility.
  • GBPJPY can move up to 200 points in a trading session.
  • The yen sees its major movements during the Asian trading session and is less affected by European news.
  • The European session is preferable for trading JPY pairs. The BOJ doesn’t intervene during this time, which reduces sudden price changes.
  • In addition to economic and political events, key factors to monitor are export and import volumes and energy prices.
  • The Japanese yen often correlates with global equity markets, especially the Nikkei 225 stock index. During times of market turbulence, the yen can strengthen as investors bring funds back into Japan.

Market dynamics of JPY pairs
USDJPY, known as The Gopher, is the second most traded currency pair globally. The best time to trade USDJPY is during the overlap of the London and New York sessions (12 p.m. and 4 p.m. UTC) for tighter spreads and increased volatility.

GBPJPY is also volatile and offers trading opportunities for short-term speculators. The most volatile times for GBPJPY are during the Asian and European sessions, particularly between 6:30 a.m. and 2:30 p.m. UTC. However, during the Euro-Asian overlap, trading activity may not always increase as expected, and it can be one of the slower parts of the trading day.

In 2024, the Japanese yen continues to be a vital currency in Forex trading and the global economy. While it can be tricky, traders must understand its dynamics to seize opportunities effectively. Also, they should be mindful of risks, such as how the Bank of Japan’s policies can influence the yen’s value and increase its volatility at specific times during the trading day, among other factors.
Hashtag: #Octa

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

Octa

is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services already utilised by clients from 180 countries with more than 42 million trading accounts. They provide free educational webinars, articles, and analytical tools to help clients reach their investment goals.

The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.

Octa has also won more than 70 awards since its foundation, including the ‘Best Educational Broker 2023’ award from Global Forex Awards and the ‘Best Global Broker Asia 2022’ award from International Business Magazine.

Laos Faces Economic Struggles Amidst Rising Inflation, Trade Deficit

Patuxay Monument (Photo: Laotian Times)

Laos is grappling with ongoing economic challenges, marked by a dual struggle against rising inflation rates and a widening trade deficit.

Prince Holding Group Triumphs with Platinum at the 2024 Global CSR & ESG Awards

Fourth Consecutive Win for Philanthropist Chen Zhi’s Prince Group as “Best in Cambodia” Award Highlights Ongoing CSR Excellence


PHNOM PENH, CAMBODIA – Media OutReach Newswire – 3 May 2024 – Prince Holding Group, one of Cambodia’s leading business groups, has been honored with the Platinum Award at the 16th Annual Global CSR & ESG Summit and Awards. This accolade, recognizing Prince Holding Group as “Best in Cambodia” for Country Excellence, underscores its steadfast commitment to corporate social responsibility (CSR).

The 2024 Global CSR & ESG Awards has presented the Platinum Award to Prince Holding Group in recognition of its comprehensive approach to CSR, highlighted by initiatives such as the Chen Zhi Scholarship Program. This program commits $2 million over seven years to support 400 university students in Cambodia.
The 2024 Global CSR & ESG Awards has presented the Platinum Award to Prince Holding Group in recognition of its comprehensive approach to CSR, highlighted by initiatives such as the Chen Zhi Scholarship Program. This program commits $2 million over seven years to support 400 university students in Cambodia.

Led by Chairman Neak Oknha Chen Zhi, Prince Holding Group has significantly advanced Cambodia’s economic and societal progress. Under his leadership, the Group’s commitment to CSR has profoundly impacted the local community.

Gabriel Tan, Chief Communications Officer at Prince Holding Group, expressed his gratitude for the award, stating, “We are truly grateful for this recognition, which reflects the collective efforts of our team and our robust partnerships throughout Cambodia. This accolade motivates us to deepen our engagement and continue fostering positive changes in the communities we serve.”

Tan also highlighted the Group’s key initiatives: “Our focus on education, community engagement, and fostering an inclusive culture is essential for realizing our vision of a prosperous, equitable future for all Cambodians.”

The Platinum Award acknowledges Prince Group’s holistic approach to CSR, especially notable in initiatives like the Chen Zhi Scholarship Program, which commits $2 million over seven years to support 400 university students in Cambodia. These students receive scholarships, internships, and professional development opportunities in diverse fields such as civil engineering, media and communications, and hospitality.

Additionally, Prince Foundation, the philanthropic arm of Prince Holding Group, has demonstrated a strong commitment to sports and cultural development in Cambodia.

In sports, the Foundation has supported several national teams, enhancing their training and competitive opportunities. Notably, the Cambodia Men’s National Volleyball Team received support that contributed to their historic silver medal win at the 32nd SEA Games hosted in Cambodia.

On the cultural front, the Foundation has sponsored events to preserve Cambodia’s heritage, such as the American Chamber of Commerce in Cambodia’s Charity Gala Dinner, which raised funds for the repatriation of Cambodian antiquities.

Another notable initiative is the Prince Horology Vocational Training Center, a world-class facility which trains Cambodian watchmakers in the art of Swiss-style watchmaking school.

With these initiatives, Prince Group continues to set standards for corporate responsibility in Cambodia and beyond. The Platinum Award at the 2024 Global CSR & ESG Awards not only acknowledges the Group’s contributions but also reaffirms its ongoing commitment as a responsible corporate citizen.

Prince Holding Group has been awarded the Best in Cambodia for Country Excellence Award for four consecutive years, starting in 2021.

Hashtag: #PrinceHoldingGroup #ChenZhi #ChenZhiScholarshipProgram

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

About Prince Holding Group

Prince Holding Group is one of Cambodia’s largest business groups, spanning across real estate development, financial services, and consumer services.

Prince Holding Group’s key business units in Cambodia include Prince Real Estate Group, Prince Huan Yu Real Estate Group, Prince Bank, and Awesome Global Investment Group. Via its subsidiaries, Prince Holding Group has over 100 businesses in Cambodia operating in real estate development, banking, finance, tourism, logistics, technology, food and beverages, lifestyle sectors, etc.

Leveraging a network of industrial, business, and financial professionals across Asia, Prince Holding Group is firmly committed to the long-term development of Cambodia.

Moving forward, Prince Holding Group will continue to seek out opportunities to play an important role in Cambodia through partnerships or direct investments into key industries for the betterment of Cambodians and the local economy.

About Prince Foundation

Prince Foundation, founded in 2015, is one of Cambodia’s leading philanthropic foundations. A member of Prince Holding Group, which is one of the largest business groups in Cambodia, the Foundation aims to work with local communities to build thriving living and working environments that elevate people’s well-being and livelihoods, following the vision: “Together, Building a Better Future for Cambodia.”

Focusing on education and youth development, healthcare, and community engagement and sports, and healthcare initiatives, Prince Foundation works with partners to deliver sustainable programs that enhance opportunities for Cambodia’s youths, build resilience in communities, and contribute to sustainable infrastructure.

The Foundation’s flagship projects are the Chen Zhi Scholarship, offering full scholarships, stipends, internships, and work opportunities to 400 Cambodian university students over a period of seven years, and Prince Horology, where aspiring Cambodian watchmakers learn the art of Swiss-style watchmaking in a state-of-the-art facility. Prince Foundation has launched more than 250 philanthropic initiatives, benefiting over 1.2 million people, with donations exceeding US$16 million.

Sumatran Orangutan Becomes First Wild Animal Seen Using Medicinal Plant to Treat Wound

(Photo: ABC)

A Sumatran orangutan has become the first wild animal seen self-medicating with a plant to heal a wound.

Unleashing Growth: DIFC Emerges as Premier Global Hub for Family Businesses

  • More than 440 registered foundations and over 600 active entities affiliated with top family businesses and individuals in DIFC as of 2023.
  • Home to more than 120 of the world’s wealthiest families and individuals, with a total net worth exceeding USD 1trn.
  • Dubai ranked 1st in MEASA region and among the world’s top 22 cities in terms of wealthiest population centres in 2023 with over 68,500 HNWIs.
  • Updated DIFC Family Arrangements Regulations provide greater privacy through a Private Registry option.

DUBAI, UNITED ARAB EMIRATES – Media OutReach Newswire – 3 May 2024 – With more than 440 registered foundations and over 600 active entities affiliated with top family businesses and individuals, Dubai International Financial Centre (DIFC) has seen a surge in interest for family wealth management. Primarily driven by interest for prescribed companies, or private companies which can be established by a qualifying applicant or for a qualifying purpose, the Centre’s commitment towards regulatory transparency and family confidentiality supported an 81 per cent surge in single family offices, followed by a 12 per cent increase in holding companies, year-on-year in 2023.

Dubai International Financial Centre (DIFC) Gate
Dubai International Financial Centre (DIFC) Gate

To further support this growth DIFC also announced its new comprehensive guide ‘Prosperity Across Generations: Unlocking the Power of DIFC for Families‘ to empower families with access to knowledge and expertise on structures, governance, wealth management, succession and estate planning in Dubai and DIFC.

DIFC, the leading global financial centre in the Middle East, Africa, and South Asia (MEASA) region, is a trusted, global hub for many of the world’s wealthiest families and individuals. Home to more than 120 of the world’s wealthiest families and individuals, with a total net worth exceeding USD 1trn, DIFC has helped position Dubai as the number one city in MEASA, and among the top 22 cities globally in terms of wealthiest populations.

According to data published by the World’s Wealthiest Cities Report 2023, Dubai’s population includes over 68,500 HNWIs, or individuals with at least USD 1mn in liquid assets, 206 centi-millionaires, or those with a net worth of at least USD 100mn, and 15 billionaires.

DIFC’s status as the deepest financial centre between London and Singapore, with a workforce of over 41,500 and more than 5,500 active registered companies is underpinned by 20 years of consistent growth and a record-breaking year in 2023, which has further encouraged wealth flows to the Centre and Dubai.

Last year, DIFC launched the first Family Wealth Centre of its kind in the world to advance and grow its thriving ecosystem for global family wealth, and support family businesses as they future proof their growth ambitions and succession plans in Dubai and beyond.

“The UAE has long been the primary and preferred destination for business and investment in the GCC and winder MENA region. Similarly, the UAE aims to become the regional centre for family businesses,” said H.E. Abdulla bin Touq Al Marri, Cabinet Member and UAE Minister of Economy said.

“Dubai stands as a pivotal hub for family wealth, offering unparalleled opportunities and resources for growth and preservation. In just one year, the DIFC Family Wealth Centre has played a crucial role in nurturing this ecosystem. Recognising Dubai’s significance as a global centre for family wealth, the Centre’s swift impact underscores its commitment to fostering prosperity and security for generations to come,” Minister Al Marri added.

His Excellency Essa Kazim, Governor, DIFC, said: “Dubai and DIFC have rapidly positioned themselves as the premier destination for family businesses worldwide. The exponential growth and expertise witnessed within the Centre, underscores its pivotal role in shaping the landscape of family wealth. Today, we mark another significant milestone, in the DIFC Family Wealth Centre’s first anniversary, as we also reflect on DIFC’s innovative 20-year journey that has led us here. We remain dedicated to providing best-in-class resources to our esteemed members, nurturing enduring legacies and empowering families for generations to come, as we together shape the future of finance”.

Top choice for regional and international family businesses

Arif Amiri, Chief Executive Officer of DIFC Authority, said: “DIFC’s rise as a global hub for family wealth stems from its commitment to fostering a growth ecosystem for the wider financial sector. With a strong pursuit of transparency, regulation, and knowledge-building, DIFC has earned the trust of 230 banks, including 27 of the top 29 globally systemic banks, and more than 350 highly reputable wealth and asset management firms. This momentum is further fuelled by an influx of family businesses and related entities drawn to DIFC’s lifestyle offerings and its world-class DIFC Family Wealth Centre, which is built for innovation, succession planning, and future prosperity.”

Innovative and future-forward jurisdiction

Aligned with the UAE’s vision to help family businesses maximise their contribution to the economy, the DIFC Family Arrangements Regulations were introduced on 31 January 2023 to replace or repeal the Single Family Office (SFO) Regulations. Benefits under the new regulations include a private registry option, which provides families and their Ultimate Beneficial Ownership’s (UBOs) with the highest levels of privacy and confidentiality. The same regulations also provide certification for family businesses in DIFC to support benefits and incentives planned for family businesses in the UAE under UAE Family Business Law.

DIFC Family Wealth Centre – A global knowledge hub for family wealth

In addition to the revised regulatory framework for family businesses, the launch and development of DIFC Family Wealth Centre in 2023 has helped empower families preserve their wealth and legacies for the future, through best-in-class tailored solutions including asset allocation and portfolio management, governance, succession planning, Sharia compliance as an option, Will registration and philanthropy.

The Centre is further fortified by its work with the Innovation Hub, which supports next generation owners remain at the forefront of technological mechanisms and applications.

Benefitting from DIFC’s internationally recognised legal system, which is based on English common law and includes a variety of structures and regimes, family businesses also gain direct access to accredited advisors, networking opportunities, educational programmes, and a wide range of experiential events, all within the Centre’s diverse and cosmopolitan community, which includes some of the city’s top eateries, venues, cultural centres, and lifestyle destinations.

Recently, DIFC Family Wealth Centre and STEP Arabia signed an MOU to foster the common interests in relation to guiding family businesses on their journey to achieve multi-generational success, and to enhance the know-how of advisers to achieve that purpose.

As a societal mechanism for wealth distribution, the DIFC Family Wealth Centre is also a win for the local economy since family businesses are responsible for 60 per cent of the UAE’s GDP, 80 per cent of its workforce and 90 per cent of its private companies.

-END-

Hashtag: #DIFC

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

Dubai International Financial Centre

Dubai International Financial Centre (DIFC) is one of the world’s most advanced financial centres, and the leading financial hub for the Middle East, Africa, and South Asia (MEASA), which comprises 72 countries with an approximate population of 3bn and an estimated GDP of USD 8tn.

With a 20-year track record of facilitating trade and investment flows across the MEASA region, the Centre connects these fast-growing markets with the economies of Asia, Europe and the Americas through Dubai.

DIFC is home to an internationally recognised, independent regulator and a proven judicial system with an English common law framework, as well as the region’s largest financial ecosystem of over 41,500 professionals working across over 5,500 active registered companies – making up the largest and most diverse pool of industry talent in the region.

The Centre’s vision is to drive the future of finance through cutting-edge technology, innovation, and partnerships. Today, it is the global future of finance and innovation hub offering one of the region’s most comprehensive FinTech and venture capital environments, including cost-effective licensing solutions, fit-for-purpose regulation, innovative accelerator programmes, and funding for growth-stage start-ups.

Comprising a variety of world-renowned retail and dining venues, a dynamic art and culture scene, residential apartments, hotels, and public spaces, DIFC continues to be one of Dubai’s most sought-after business and lifestyle destinations.

For further information, please visit our website: difc.ae, or follow us on LinkedIn and X @DIFC.

Gateway Arts Presents “I And You”

Written by Lauren Gunderson and directed by Samantha Scott-Blackhall, the award-winning play aims to highlight youth mental health


SINGAPORE – Media OutReach Newswire – 3 May 2024 – Gateway Arts is launching its second production in 2024 with the award-winning play “I and You” by Lauren Gunderson in conjunction with Mental Health Awareness Month. After its acclaimed original run in 2022, “I and You” returns by popular demand this May at the Gateway Theatre Black Box. The thought-provoking play delves into the power of human connection and the complexities of youth, addressing social themes related to mental health. Given that 4 in 10 youths in Singapore indicate feeling anxious or stressed all or most of the time, this production aims to raise awareness of this issue.

(Left - Zulfiqar Izzudin as Anthony ; Right – Evangel Wong as Caroline)
(Left – Zulfiqar Izzudin as Anthony ; Right – Evangel Wong as Caroline)

While the play delves into anxieties, it ultimately presents a story of hope and bravery, serving as a reminder of the importance of community during times of need for genuine, in-person connections. It delivers a timely message advocating for the human touch in a digital era and addresses pressing issues faced by youths who often live behind digital screens.

Written by one of America’s most-produced living playwrights, Lauren Gunderson, and directed by Gateway Arts’ own critically acclaimed Artistic Director, Samantha Scott-Blackhall, “I and You” centres around the lives of two students: Caroline, who grapples with liver disease and frequently stays home from school, and Anthony, a charming, confident academic achiever who also shines as the star basketball player on the school team. Despite their apparent differences, they forge an unlikely friendship when Anthony unexpectedly appears at Caroline’s doorstep bearing a copy of Walt Whitman’s “Leaves of Grass,” prompting them to discover surprising similarities.

In the play, the protagonist, Caroline, finds herself in a whirlwind when Anthony unexpectedly enters her room quoting Walt Whitman. Confused by his presence, Caroline, who has been absent from school due to liver disease, learns they’re paired for an English project on Whitman’s “Song of Myself”. Initially resistant, Caroline gradually warms up to Anthony, intrigued by his dramatic recitation. As they bond over fries and personal stories, Caroline’s disdain for school and poetry softens. Their connection deepens when Anthony shares a traumatic experience from a basketball game, prompting Caroline to offer comfort from her struggles. Sharing intimate details, they forge a profound bond, culminating in Caroline’s moving analysis of the poem during their project presentation.

Hailed as “one of the best plays I’ve ever seen” by British news magazine Spectator, “I and You” delves into the unlikely relationship between Caroline and Anthony, two contrasting teenagers who forge an unexpected bond through the exchange of their anxieties and aspirations. Despite Caroline’s struggle with chronic liver disease and Anthony’s seemingly ideal life as a star athlete, their mutual exploration of literature unlocks doors to understanding, vulnerabilities, and openness. However, as their bond strengthens, a startling twist disrupts the core of their connection, captivating audiences with the unpredictable voyage of friendship and self-discovery.

Through heartfelt moments of connection and unforeseen challenges, “I and You” provides a poignant reflection on resilience, companionship, and the transformative power of human connection. As Caroline and Anthony navigate the complexities of teenage life, their story resonates with the audience, ensuring its enduring place in the memories of those who experience it.

The New York Times hails it as “a play with an explosive twist,” and testimonials from young audiences underscore its thought-provoking exploration of mental wellness. One young attendee remarked, “This play truly provoked new thoughts about mental wellness for me, lingering long after it ended.”

“I am excited about the restaging of ‘I and You’, a play centred on two teenagers navigating the challenging transition into adulthood while grappling with their identities and aspirations in an ever-evolving world. This play examines the mental well-being of many adolescents who retreat into isolation, relying on the internet, social media, and online gaming for connection. It serves as a coming-of-age story for today’s iGen youths, who confront unfamiliar terrain in building interpersonal relationships, alongside parents who struggle to comprehend their children’s needs. At its core, ‘I and You’ hopes to ignite young people’s pursuit of their dreams, encouraging them to seek solace in face-to-face interactions and community, all the while maintaining resilience in the face of life’s challenges.” says Samantha Scott-Blackhall, Director of the play and Artistic Director of Gateway Arts.

Priscilla Khong, Producer of the play and Executive Director of Gateway Arts, elaborates on how the production embodies the charity’s mission and unwavering support for the community. “Gateway Arts believes that the arts serve as a catalyst for societal transformation, and that inspired young individuals can propel this change forward. Through productions such as ‘I and You’, our goal is to utilise the stage as a platform to address the urgent issue of mental health among youth while delivering an engaging live performance experience. By fostering open dialogues, we aim to reassure them that it’s acceptable not to feel okay. We are dedicated to ensuring that the arts remain a steadfast ally in the pursuit of a more compassionate and empathetic society.”

“As with all of our productions, we aim to enhance the audience’s learning experience by providing activities that facilitate the processing of the play’s themes. For ‘I and You’, we will offer post-show dialogues with the cast and a counsellor from TOUCH Mental Wellness. We have collaborated with TOUCH Mental Wellness for this segment, and the learning objectives for ‘I and You’ include identifying the adverse effects of social anxiety and withdrawal on in-person relationships; elucidating the significance of face-to-face interactions in cultivating resilience and support systems, and outlining strategies to promote a healthier balance between online and offline engagement,” explains Priscilla Khong.

I and You will run from 16th-25th May 2024, tickets are available via SISTIC.
Hashtag: #Gatewayarts #art #performingarts #iandyou #PriscillaKhong #MentalHealth #MentalHealthAwareness




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

Gateway Arts

Gateway Arts is a not-for-profit Singapore-registered charity. As a theatre company for young people, our mission is to provoke thought, encourage conversations, and inspire change through productions that tackle current social issues amongst children and youth. We believe in nurturing emerging artists, attracting new audiences, and providing underserved communities with meaningful arts programmes.

Our Vision:
To imbue a new generation with empathy, positivity, and a love for the arts.

Our Mission:
Provoke thought, encourage conversations, and inspire positive change through theatre productions that tackle current social issues amongst children and youth.

Entrust Network Awarded ISO 27001 and Data Protection Trustmark Certifications


SINGAPORE – Media OutReach Newswire – 3 May 2024 – Local IT solutions provider Entrust Network has recently received two certifications: ISO 27001 and Data Protection Trustmark (DPTM). “We are thrilled to acquire the ISO 27001 and DPTM certifications, and we will continue serving as the trusted IT partner of our clients.” says Jamson Lim, IT Director of Entrust Network.

ISO 27001 and Data Protection Trustmark Certifications
ISO 27001 and Data Protection Trustmark Certifications

ISO 27001 Certification
ISO 27001 is the international standard for information security management systems (ISMS) that provides organisations with a framework to establish, implement, maintain, and continually improve their information security practices. To achieve this certification, Entrust Network underwent a rigorous process that covered establishing an ISMS framework, implementing security controls, conducting internal audits, as well as documenting policies and procedures. These procedures helped Entrust Network to enhance their cyber security risk management services and adhere to regulatory compliance.

Data Protection Trustmark (DPTM) Certification
The (DPTM) is a voluntary certification that organisations can obtain to showcase their dedication to accountable data protection practices. Only organisations that abide by comprehensive data protection policies and practices outlined in the certification framework will be certified. Entrust Network has received this recognition through the implementation of continuous training programmes and by fostering a culture of compliance awareness.

Long-Term Commitment: Sustained Improvement and Innovation Pursuit
To remain certified and trusted in the eyes of their clients, Entrust Network will continue to focus on achieving initial compliance and prioritising sustained improvement in its cyber security services and practices. This involves performing thorough assessments, gathering feedback, and implementing necessary adjustments to keep its protocols aligned with evolving certification requirements.

Entrust Network also pledges to cultivate a culture of continuous learning and experimentation within their teams, where employees will be empowered to explore new technologies and methodologies to tackle emerging challenges in certification compliance. They aim to engage in regular knowledge-sharing sessions, hackathons, and collaborative projects in the near future to encourage creative problem-solving within the organisation.

“Staying proactive and responsive to changes in the certification landscape is essential for maintaining robust and compliant cybersecurity practices,” says Jamson Lim, IT Director Position. “By constantly pursuing innovation, we hope to ensure adaptability in keeping abreast with the ever-changing digital era.”
Hashtag: #ISO27001 #DataProtectionTrustmark #DPTM #AwardandAccreditations #Certifications #ITSolutionProvider

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

About Entrust Network

Since 2006, Entrust Network has been a trusted provider of . The company services businesses across various sectors, including finance, healthcare, education, retail, and hospitality.