32 C
Vientiane
Friday, April 25, 2025
spot_img
Home Blog Page 1877

OctaFX launches CFD trading on stocks

KUALA LUMPUR, MALAYSIA – Media OutReach – 9 November 2022 – OctaFX launches CFD trading on stocks with an impressive offering of 150 individual stocks of major world companies.

On Monday, 7 November 2022, the global broker OctaFX announced the launch of CFD trading on stocks. These 150 new assets listed on 16 stock exchanges around the world made an impressive contribution to the already existent 80 CFD instruments, including currencies, commodities, stock indices, and cryptocurrencies.

The list of stocks includes some of the most notable names, such as Apple, Tesla, BMW, Airbus, and Amazon, as well as other major companies from the U.S., Japan, Singapore, the U.K., Europe, and Australia. The leverage for the stock CFDs is 1:20. OctaFX will charge no commission for trading or holding leveraged positions overnight. Apart from that, the broker will pay dividends to traders with open stock orders.

‘It is an important move for us as a broker. With growing interest in the stock market and its major opportunities for portfolio diversification, we simply had to add this wide range of instruments to our CFD offering. With the impact stock prices have on the world economy and their strong connection to political and economic events, this also opens up room for broader fundamental analysis and trading decisions—both short and long—based off of it,’ the OctaFX press office commented.

As part of the campaign promoting the launch of stock trading, the broker announced that it would randomly select fifteen traders out of those trading on stocks before 1 December and give them prizes from a pool of 10,000 USD. The winners will be announced on OctaFX’s YouTube channel on 6 December.

Hashtag: #OctaFX

About OctaFX

is a global broker providing online trading services worldwide since 2011. It offers commission-free access to financial markets and a variety of services already utilised by clients from 150 countries who have opened more than 12 million trading accounts. Free educational webinars, articles, and analytical tools they provide help clients reach their investment goals.

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

On a side note, OctaFX has also won more than 50 awards since its foundation, including the 2021 ‘Best ECN Broker’ award from World Finance and the 2022 ‘Best Global Broker Asia’ award from International Business Magazine.

36% of women in Australia felt marginalised in the workplace because of gender: Michael Page

SYDNEY, AUSTRALIA – Media OutReach – 9 November 2022 – Almost two out of five women in Australia have indicated that they felt marginalised or discriminated against in the workplace because of their gender. This is supported by Australia being ranked the least safe place to work in for women (35%) in the Asia Pacific average, followed by India (25%) and then Taiwan (23%).

Senior Managing Director of Michael Page Australia, Sharmini Wainwright

Senior Managing Director of Michael Page Australia, Sharmini Wainwright

According to the latest research from Michael Page Australia, the Talent Trends Report 2022 titled “Company Culturewhich features sentiment to prominent employee workplace insights, culture needs to be readily adaptable to change. The results in this report draw from a survey with a broad and diverse audience, with responses from over 17,000 respondents across Asia Pacific.

Senior Managing Director of Michael Page Australia, Sharmini Wainwright says, “This is the time for companies to put their complacency aside and listen to what is really affecting their employees at work. Evidence in our data points towards a crucial time for company culture. With the workforce returning post-pandemic, employers need to acknowledge and act on the cultural transformation which has led to mindset shifts around work, life priorities and mental well-being. Remember that culture needs monitoring and adjusting over time, how business leaders manage this will impact their commercial success as an organisation.”

This shows that Australia has to work on having more of a ‘People-first Company Culture’. Having such a culture is associated with happier employees, higher productivity and reduced turnover.

The report also shows that females in Australia want equal rights at work with a significant 60% of respondents feeling that it is important to place more effort on getting women into leadership positions. The report states that the more employees feel empowered, the more productivity levels go up.

DE&I is seen as a proxy for people, with men, generally perceived by many to be the least directly affected by DE&I policies, placing significant value in this area too. What this potentially indicates is that DE&I is not simply evaluated from the impact it has on previously or currently marginalised groups but has become a benchmark for how committed a company is to their Culture, Purpose, Values and general attitude towards the well-being of their employees. To support this, 33% of research respondents in Australia would stop an job interview process if there was a lack of Diversity, Equity and Inclusion (DE&I) commitment.

In addition to the findings, Australians who identify as part of the LGBTQIA+ community do not feel comfortable being their authentic selves at work. 35% of respondents said they work with colleagues who are homophobic or transphobic, while 2 out of 5 believe they would have more success in their careers if they identified as straight and/or cis gender. 63% of employees in Australia believe that more should be done in their workplace to promote acceptance and equality for LGBTQIA+ people.

Hashtag: #MichaelPage

Hong Kong Ming De Association had released the result of “Ten Outstanding University Students Selection 2022”

Awarded students appealed young people to make contributions to society

HONG KONG SAR – Media OutReach – 9 November 2022 – The result of the first “Ten Outstanding University Students Selection” held by the Hong Kong Ming De Association was released yesterday. Two of the awarded “Outstanding University Students”, Cheng Ka-ho from the HKUST and Leung Wing-kiu from the CUHK shared their experience and appealed to other university students to be kind and keep enriching their knowledge, hence make good use of their abilities to benefit society.

The result of “Ten Outstanding University Students Selection 2022” had been announced.

The result of “Ten Outstanding University Students Selection 2022” had been announced.

Dr. Lee Sheung-yan, Chairman of the Hong Kong Ming De Association hoped the award-winning students and all young people would equip themselves for future opportunities, realize their dreams and support volunteer work to make contribution to society.

Dr. Lee Sheung-yan, Chairman of the Hong Kong Ming De Association encouraged young people to make contribution to society by participating in volunteer service.

Dr. Lee Sheung-yan, Chairman of the Hong Kong Ming De Association encouraged young people to make contribution to society by participating in volunteer service.

A student living in a sub-divided flat got an offer from HKUST

Worked hard in English and was admitted by HKUST even in straitened circumstances, Cheng Ka-ho, a third-year student of HKUST, majoring in quantitative social analysis was one of the awarded students. Cheng moved to Hong Kong seven years ago from mainland China. At that time, his family was in straitened circumstances that they lodged under their relatives’ roofs because of the unaffordable rent in Hong Kong. They could only afford to rent a 100 feet sub-divided flat later on. Although his family was under such financial difficulties, Cheng put a lot of effort in studying English and his exam result improved from ranking bottom of the class to an excellent grade that enabled him to be admitted by HKUST. This also made him selected as one of the “Outstanding University Students”.

Cheng Ka-ho received nice results in HKDSE and got an offer from HKUST even he’s living in straitened circumstances.

Cheng Ka-ho received nice results in HKDSE and got an offer from HKUST even he’s living in straitened circumstances.

Cheng shared that his English was not good and could not even pronounce Cantonese properly when he first moved to Hong Kong. Teachers and classmates mocked him and discriminated against him because of his language ability. He indicated that the good result he got in HKDSE was because there was a caring teacher who had assisted with his study. He was so grateful and determined to make good use of his strengths to give back to society.

Applying professional knowledge to help SEN students

Leung Wing-kiu, another third-year student who was awarded “Outstanding University Student” this year, studies at CUHK majoring in Chinese Language Studies and Chinese Language Education. She suffered from eye disease acne rosacea and had to take steroid eye drops sometimes. She also needed to avoid sunlight which could not allow her to participate in outdoor activities.

Cheng Ka-ho(left) from the HKUST and Leung Wing-kiu(right) from the CUHK

Cheng Ka-ho(left) from the HKUST and Leung Wing-kiu(right) from the CUHK

Leung said she believed that every student has different educational needs, and some of them have special education needs (SEN). However, Leung observed that many people have misconceptions about SEN students that they labelled and stigmatized them. Therefore, she decided to apply her professional knowledge in education together with her teaching experience, to help the public in Hong Kong to have a better understanding towards SEN students. She held the belief that young people should make good use of their expertise in responding to social needs.

Leung suggested that the public should accompany those in need with caring minds instead of sympathizing with them. She thought that the self-esteem of the SEN students can be enhanced with assistance, and thus they can also inspire other people to unleash their potential and develop their strengths.

Encourage young people to make contribution to society

More than 200 university students applied for the “Ten Outstanding University Students Selection 2022”. The selection of winning students was based on the applicants’ achievements and awards, contribution to public and social services, participation in the selection and performance in the interview. Those who had exceptional performance in all aspects would be selected as the “Ten Outstanding University Students”, and each receives HK$10,000 and a certificate.

Joseph Chan Ho-lim, Under Secretary for Financial Services and the Treasury, Eric Fok Kai-shan, Chairman of Hong Kong Guangdong Youth Association, Carmen K M Choi, Director of Po Leung Kuk and Dr. Lee Sheung-yan, Chairman of the Hong Kong Ming De Association presented the award to the outstanding students-selected. Joseph Chan had given a speech at the awarding ceremony, encouraging the award-winning students to continue to work hard on their studies, strive for the best and contribute to Hong Kong.

“Ten Outstanding University Students Selection 2022” focuses on community service of young people by encouraging tertiary students to actively participate in volunteer work. Chairman of the Hong Kong Ming De Association Dr. Lee Sheung-yan announced that the Selection ended successfully, and the Hong Kong Ming De Association will continue to provide different volunteering opportunities to young people and also organize various seminars and workshops for them. It is hoped that the participants can explore their strengths via the activities and bring positive contributions to society.

Hashtag: #HongKongMingDeAssociation

About Hong Kong Ming De Association

Hong Kong Ming De Association is committed to engaging young people to create a more inclusive society and promote dynamic culture in society. We aim to enrich young people’s life experiences, give opportunities for them to develop their interpersonal network by organizing a variety of volunteer projects for them. Our vision is to engage the public and connect with the community and gather a more powerful driving force to benefit society by the means of assisting young people to develop their potential, achieve their goals and inspire others to follow.


41st FIABCI Global Leadership Summit Grasping Global Real Estate Movements on Dec. 6

KAOHSIUNG, TAIWAN – Media OutReach – 8 November 2022 – Deputy Mayor Charles Lin of Kaohsiung City Government and Chairman Lily Chang of FIACBI-Taiwan co-hosted the press conference for the 41st FIABCI Global Leadership Summit, which will take place in Grand Hi-Lai Hotel from December 6th to December 9th. The summit will gather all real estate associations in Taiwan to “light up Kaohsiung to connect with the world” as a grand opening of the remarkable summit so that guests from all over the world could witness urban characteristics and architectural strength in Taiwan.

Caption
Photo: Deputy Mayor Charles Lin and Chairman Lily Chang leads Kaohsiung City Government, architect associations, and construction company owners to light up Kaohsiung and connect to the world.

Deputy mayor Lin points out at today’s conference that due to the pandemic in recent years, this is the first large-scale international real estate conference held in Kaohsiung after restrictions are lifted. He cherishes the opportunity and values greatly of this summit. The constructions in Kaohsiung have been accumulating the energy of the city and the strength of urban construction. On December 6, the city will be able to speak to the world and promote its architectural projects, the achievements of Asia New Bay Area and real estate development, and the local architectural brands. It can also reinforce Kaohsiung’s image globally by showcasing the infrastructure with international awards, Kaohsiung Music Center, Kaohsiung Exhibition Center, and Kaohsiung Public Library, to the world stage so that the participants have the opportunities to learn the connection between the design concepts and local cultures in order to improve the living environment of the people.

Chairman of FIACBI-Taiwan Chang emphasizes that the summits have been held in many countries, such as Athens in 2017, Bali in 2018, and Ghent in 2019. After participating in the Ghent Conference in Belgium in 2019, they began to apply for hosting in Taiwan. After fierce competition with South Korea and Singapore, Taiwan has won the right as a host this year in Kaohsiung City. Kaohsiung City Government, local associations, construction companies in the city have collaborated in the promotion of the event. She feels incredibly grateful for the joint effort of all public and private sectors to publicize Taiwan and make this summit come true. Many insightful plans are prepared throughout the summit, including Study Tours, Welcome Reception, Culture Night, Professional Visits, Study & Social Tours with Dinner, and International Architecture Awards Ceremony & Farewell Dinner. It is hoped that Taiwan’s ideology can be fully presented through its local culture, creativity and architecture so that all distinguished guests will experience the best ever memory as Taiwan’s architecture moves toward the world standards.

According to Chang, elites in real estate from over 30 associations worldwide have signed up for the event. Thus, 30 lamps are lit up at the opening ceremony, which symbolizes the participants of the summit. The participation of all professionals from the industry will add values to Kaohsiung to make Taiwan remain the spotlight of international sustainable innovation and development.

The forum as the highlight in this summit, in line with the UN 2030 SDGs, is themed as “Better Lives with Green Recovery”. As global economy was hit hard by the pandemic and now more economic activities are resuming, green recovery has become a main focus to save the post-pandemic economy. The forum is divided into four main categories, including “Keynote Speech on Leadership”, “Architectural Forum”, “Professional Division Forum”, and “Keynote Speech on Green Recovery” held by Charles Lin, with a total of 13 sessions. The summit is anticipated to advance the strength of Taiwan’s architecture and real estate industries, the level of architectural standards, and the completeness of urban planning and make Taiwan’s real estate keep pace with world. Event detail and sign up: https://www.fiabci2022gls.tw/

Hashtag: #FIABCITaiwan

Schneider Electric calls to embrace digitization to accelerate sustainability and efficiency

  • Schneider Electric’s Innovation Summit Hong Kong 2022 addresses the energy and climate challenges and sets out its approach and solutions in response
  • Schneider Electric’s active partnership with Hang Lung Properties and Ernst & Young, to help them make a positive impact on sustainable development
  • The company empowers corporates to achieve net zero carbon goals with its enhanced digital solutions – EcoStruxure™ Energy Hub and EcoStruxure™ for Retail Integrated Management Platform

HONG KONG SAR – Media OutReach – 8 November 2022 – Schneider Electric, the leader in the digital transformation of energy management and automation, today kicked off its Innovation Summit Hong Kong 2022 with a passionate call to accelerate digitalization for a more sustainable and efficient future, addressing the energy and climate challenges and setting out its approach and solutions in response.

Jonathan Chiu, President, Schneider Electric Hong Kong shared unique insights into sustainability trends and latest industry cases.

Jonathan Chiu, President, Schneider Electric Hong Kong shared unique insights into sustainability trends and latest industry cases.

Schneider Electric is widely recognized as a leader on environmental, social, and governance (ESG) issues, and its products, services and other activities help customers, suppliers, business partners and communities further their own progress on those fronts. The company has long advocated for taking action to reduce energy emissions, electrify and digitalize energy ecosystems, and ensure that all this is done with economic and people welfare in mind.

“We’re in the midst of an energy transition that continues to evolve. Power consumption is projected to triple by 2050 as electrification and living standards grow, it’s vital that we deploy all the technologies that are already available now to accelerate digitization, electrification, and sustainability. Schneider Electric strives to take the lead in contributing sustainable development by joining hands with corporates to fight against climate change. Industry needs to embrace innovation and technology which can be accessed as the enabler of digitalization and automation in order to achieve sustainability and efficiency in the long run.” said Jonathan Chiu, President of Schneider Electric Hong Kong.

Recently, Schneider Electric issued a new survey titled “Building a Greener and Smarter Hong Kong” in partnership with the Business Environment Council to understand the readiness and challenges of businesses and leaders in sustainable transformation. To learn more about the study, please click here.

Digital disruption driven by cutting-edge solutions

Innovation Summit Hong Kong 2022 will bring together numerous industry leaders who will discuss ways to harness digital technologies to address common climate challenges and turn net-zero ambitions into reality.

During the event, Schneider Electric is also showcasing its commitment to digitization and electrification by partnering with customers in different segments to innovate and move to a more sustainable way of doing business.

Hang Lung Properties Transformation to net-zero across a diversified portfolio of properties

Given the critical need to achieve energy efficiency and sustainability, Schneider Electric’s cloud-based EcoStruxure™ energy management platforms including EcoStruxure™ Resource Advisor and EcoStruxure™ Building Advisor, have been deployed by Hang Lung Properties to manage 20 properties across its Hong Kong and Mainland China portfolio. This has been done to enhance energy management and sustainability performance, monitor and track energy usage for identifying opportunities to optimize energy performance to accelerate corporate sustainability.

“Hang Lung Properties has been actively looking for ways to decarbonize our business and we target to reduce our greenhouse gas emissions intensity by 40% by 2025. With the deployment of the cloud-based EcoStruxure platform, we can remotely collect, analyze and visualize all ESG and GHG data about assets across our portfolio at ease. It will also help accelerate our progress in achieving our ‘25 x 25 Sustainability Targets’,” said Anthony Pau, Deputy Director (Head of Group Service Delivery), Hang Lung Properties.

Ernst & Young – Shaping a smart and sustainable workplace of the future

Advances in digital technologies and IoT enabled devices are empowering companies to reshape the smart workplace. The EY member firms in Hong Kong (EY Hong Kong) have collaborated on their new headquarters with Schneider Electric to launch a workplace management platform, Planon Workplace Insights, to achieve operational excellence, maximize space and enhance employee well-being. With the support of the EcoStruxure™ Facility Expert, EY Hong Kong has reshaped its working environment, transforming individual offices into a new workspace with 12 floors and 1,700+ desks in two buildings in Hong Kong. The platform can also seamlessly integrate with the organization’s own employee mobile app, which provides real-time updates on the workplace environment. Through constantly analyzing 10,000+ data from 2,000+ IoT sensors and systems, it allows the organization to build a smart workplace.

Willy Wong, Technology Consulting Partner, EY Mtel Solutions Limited, says, “We are glad to have Schneider Electric as a collaborator in creating a complete and smart workplace that is both world-class and future proof. Their track record of delivering projects on a global scale, coupled with solid experience as a top-tier leader in the digital transformation of energy management and automation, has made Schneider Electric a reliable business partner.”

Being part of the solution through digital disruption

As part of its ambition of accelerating sustainability and building low carbon pathways, Schneider Electric is unveiling digital innovation enhancements.

EcoStruxure Energy Hub – Future vision for sustainability

To gain visibility into energy usage, costs and performance, and energy-saving recommendations, EcoStruxure Energy Hub, a secure, easy-to-use IoT software-as-a-service solution, simplifies energy management and analysis for intelligent buildings and facilities. It features three phases of building energy management maturity:

  • Energy Compliance and Basic Awareness, helps building owners comply with building energy codes and create transparency to help drive energy-efficient and sustainable behavior. In addition to energy compliance data and electrical distribution monitoring and alarming, new enhancements allow users to allocate energy usage and costs to building tenants, driving energy usage accountability and savings.
  • Energy Performance, leverages analytics to develop deep insights into waste reduction, operational improvements and performance tracking, including energy savings tips as a new feature.
  • Energy Optimization, helps organizations drive continuous energy improvement in building operations without needing to invest in expensive and sophisticated on-premise automation systems.

EcoStruxure for Retail Integrated Management Platform – Driving growth, achieving operational and energy efficiency, and improving customer satisfaction

To cope with increasing expectations from millennial customers, retailers need a single platform to monitor, keep track, and control of all the systems, such as refrigeration, HVAC, energy, IT and security control in individual stores or an entire portfolio of buildings. With the EcoStruxure for Retail Integrated Management Platform, retailers can ensure that mission-critical retail systems are always up and running, with reliable and efficient tools providing 24/7 monitoring, in which the new capability of 3D modelling enables store layout rendering. It also simplifies the complexity of multi-site operations while preventing inventory loss and downtime, ensuring energy efficiency and an exceptional shopping experience.
Hashtag: #LifeIsOn #ISHK2022 #Sustainability #EcoStruxure

About Schneider Electric

Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.

Our mission is to be your digital partner for Sustainability and Efficiency.

We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.

We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.

Discover more:

Follow us on:





Asia Pacific social entrepreneurs call for stronger financial systems to better address climate risks

  • Over two-thirds of young social entrepreneurs cited access to adequate financial resources as their biggest obstacle to advancing climate action
  • The vast majority (nearly three-quarters) expect climate change impact to negatively affect their organizations

HONG KONG SAR – Media OutReach – 8 November 2022 – A new report surveying over 1,000 young social entrepreneurs across 25 countries in Asia Pacific highlighted climate change as a global emergency, placing the spotlight on how this group is taking bold steps to address climate challenges. Those surveyed were increasingly involved with developing climate solutions and working with organizations that were taking action to minimize the negative environmental impact of their operations.

The report found that 85 percent of young social entrepreneurs faced challenges in advancing climate action. Among this group, access to adequate financial resources emerged as the biggest obstacle to advancing climate action, with 68 percent of respondents identifying it as a challenge. A lack of connection to relevant partners and absence of education and training were listed as the second and third biggest obstacles according to 55 percent and 46 percent of respondents, respectively.

Peter Babej, Chief Executive Officer, Citi Asia Pacific said, “We are working with clients and other partners across Citi’s global network to help close gaps highlighted in this report and build a sustainable future. Social entrepreneurs play a critical role in this effort, and we are committed to supporting this inspirational group in developing innovative sustainable solutions.”

In 2020 and 2021, Citi financed and facilitated $222 billion in sustainable finance activity. Citi also committed $1 trillion in sustainable finance by 2030, including $500 billion for environmental finance and $500 billion for social finance.

The topography of the Asia Pacific region makes it more vulnerable to climate change risks than any other region in the world, posing a threat to the sustainable futures of more than 660 million youth in the region, who account for over 60 percent of the global youth population.

A majority (84 percent) of the young social entrepreneurs surveyed as part of the study believed that climate change was a global emergency, with 74 percent expecting climate change impact to negatively affect their organizations.

Despite the challenges, young social entrepreneurs remain resilient and engaged in climate action. Of these young respondents, 66 percent actively engage in delivering climate-action-focused products and services, while 80 percent want to further climate action through their organizations by developing stronger research, designing climate-smart solutions, leading advocacy on climate action, and scaling up existing climate initiatives.

“Entrepreneurship offers a path for youth to shape and lead local solutions that strengthen community resilience to climate change,” said Kanni Wignaraja, United Nations Assistant Secretary-General and Director of the Regional Bureau for Asia and the Pacific at UNDP. “Many young people are seeking this approach to turn their climate fear into climate action, despite the negative impacts of climate change on their organizations and barriers within the entrepreneurship ecosystem.”

The report titled Climate Concern to Climate Action: The Role of Young Social Entrepreneurs‘ was commissioned by Youth Co:Lab, an initiative co-led by Citi Foundation and United Nations Development Programme (UNDP). It sought to understand the role that young social entrepreneurs in the Asia Pacific region can play in tackling the climate emergency and the support they need to amplify the impact of climate actions and solutions.

The report also highlighted that greater engagement with national partners, access to financial resources, climate change-related capacity-building initiatives, establishing multistakeholder dialogue platforms, and generating evidence-based research could better support young social entrepreneurs to accelerate climate action.

Note to Editors

The survey targeted young social entrepreneurs between the ages 16 and 35, operating in the Asia-Pacific region. For the purpose of this research, social entrepreneurs are defined as ‘youth who are entrepreneurs and/or actively involved in a business or a non-profit organization that aims to achieve positive social or environmental impact.’ The definition of social entrepreneurship is intentionally left broad to include various types of organizations aiming to address social and environmental challenges.

Every year, Citi reports on its ESG activities and performance. A summary of Citi’s 2021 activities can be found here.

Hashtag: #Citibank

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

About Citi Foundation

The Citi Foundation works to promote economic progress and improve the lives of people in low-income communities around the world. We invest in efforts that increase financial inclusion, catalyse job opportunities for youth and reimagine approaches to building economically vibrant communities. The Citi Foundation’s “More than Philanthropy” approach leverages the enormous expertise of Citi and its people to fulfil our mission and drive thought leadership and innovation. Learn more at or follow @Citi on LinkedIn

About UNDP

UNDP is the leading United Nations organization fighting to end the injustice of poverty, inequality, and climate change. Working with our broad network of experts and partners in 170 countries, we help nations to build integrated, lasting solutions for people and planet. Learn more at or follow @undp on Twitter

About Youth Co:Lab

Co-created in 2017 by the United Nations Development Programme (UNDP) and Citi Foundation, Youth Co:Lab aims to establish a common agenda for countries in the Asia Pacific region to empower and invest in youth, so that they can accelerate the implementation of the Sustainable Development Goals (SDGs) through leadership, social innovation and entrepreneurship. Learn more at or follow @youthcolab on Twitter

Okta Named a Leader in 2022 Gartner® Magic Quadrant™ for Access Management for Sixth Consecutive Year

Okta positioned highest in Ability to Execute

SINGAPORE – Media OutReach – 8 November 2022 – Okta, Inc. (NASDAQ: OKTA), the leading independent Identity provider, today announced that it has been recognized as a Leader in the 2022 Gartner Magic Quadrant for Access Management for the sixth consecutive year. Additionally, Okta placed highest for Ability to Execute among all vendors for the second consecutive year. A complimentary version of the full report can be found here.

The Gartner view of the market is focused on transformational technologies or approaches delivering on the future needs of end users. Gartner defines access management (AM) as tools that establish, enforce and manage journey-time access controls to cloud, modern standards- based web and legacy web applications. The report evaluated nine vendors on 15 criteria and placed Okta in the Leaders Quadrant.

Okta provides the breadth of modern Workforce and Customer Identity and Access Management solutions to accelerate a world where everyone can safely use any technology. The Okta Identity Platform delivers identity solutions that are designed and built for ease of use, neutrality, customizability, and reliability, enabling customers to innovate freely, enhance operational excellence, and build lasting relationships.

“We believe this recognition from Gartner is a tremendous honor, and one that demonstrates our relentless commitment to customer success and continued focus on innovation,” said Todd McKinnon, CEO and Co-Founder, Okta. “Identity is at the heart of every industry and every digital interaction, and we’re proud to be a key enabler in helping our customers accelerate their business goals and fuel growth.”

Additional detail on the overall Gartner Magic Quadrant evaluation can be found on the Okta blog.

Earlier this year, Okta was recognized in the 2022 Gartner® Peer Insights™ ‘Voice of the Customer’: Access Management that evaluates vendors based on customer reviews. Okta was the only vendor named a Customers’ Choice for Access Management across all categories evaluated.

Okta will share its new vision for identity at its 10th annual Oktane event, which will be held in person and virtually from November 8-10. Additional information about the event and registration can be found here.

*Gartner, Magic Quadrant for Access Management, Henrique Teixeira, Michael Kelley, Abhyuday Data, Brian Guthrie, James November 1, 2022. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences, and should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose.

Gartner and Magic Quadrant are registered trademarks and service marks, and PEER INSIGHTS are trademarks and service marks, of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.

Hashtag: #Okta

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

About Okta

Okta is one of the leading independent identity providers. The Okta Identity Cloud enables organisations to securely connect the right people to the right technologies at the right time. With more than 7,000 pre-built integrations to applications and infrastructure providers, Okta provides simple and secure access to people and organisations everywhere, giving them the confidence to reach their full potential. More than 15,800 organisations, including JetBlue, Nordstrom, Siemens, Slack, Takeda, Teach for America, and Twilio, trust Okta to help protect the identities of their workforces and customers.

Housing for Attapeu Dam Collapse Victims Now 99 Percent Complete

Construction project for victims of the 2018 Attapeu dam collapse
Construction of houses for victims of the 2018 Attapeu dam collapse.

Authorities in Laos ​say construction of housing for victims of the 2018 Attapeu Dam Collapse Disaster is now 99 percent complete, four years after the tragic event.