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VP Bank appoints Chris Chee as Chief Risk Officer Asia

SINGAPORE – Media OutReach – 16 December 2021 – VP Bank announces the appointment of Chris Chee as the Chief Risk Officer (CRO) Asia, effective 16 December 2021, pending approval by the relevant financial market authorities. The appointment comes just as the Bank announced the expansion of its Hong Kong office in November, aligning with its Strategy 2026 to further growth in Asia.  

Based in Hong Kong, Chris will be responsible for all risk management strategies and operations, as well as supervising the Bank’s legal and compliance functions in Asia. He will report regionally to Pamela Hsu Phua (CEO Asia) and functionally to Patrick Bont (Group CRO).

Chris has 20 years of experience in legal, risk and compliance, bringing with him thorough understanding of risk management and the key markets in the region. He has extensive knowledge of Asian AML/CTF laws and regulations, having worked closely with Asian regulatory and supervisory regimes and held managerial positions in legal, compliance, and risk. Chris began his career at the Attorney General’s Chambers and the Manpower Ministry of Singapore as Public Prosecutor prior to moving into the financial services industry. He subsequently held leadership positions at RBC Singapore Branch, ANZ Bank Singapore, UBS and DBS across China, Hong Kong, Singapore. He was also a Founding Board Member of the Association of Certified Anti-Money Laundering Specialists’ (ACAMS) Singapore Chapter in 2013 and was the Co-Chair from 2016 to 2018. Chris was most recently the Chief Legal, Compliance and Risk Officer at BIL Wealth Management, where he was responsible for the firm’s implementation and execution of the legal and compliance framework.

 

Welcoming the new CRO Asia, Pamela Hsu Phua said, “I am delighted to have Chris join our Asia Management Committee (Asia Manco). His appointment reflects our strong commitment to Asia and I’m confident that his in-depth knowledge of legal, risk and compliance will greatly contribute to the successful execution and achievement of our Strategy 2026.”

About VP Bank Group

VP Bank Ltd was founded in 1956 and, with its 1’013 employees (940 in full-time equivalents) as of the middle of 2021, ranks amongst the largest banks in Liechtenstein. VP Bank is present with offices in Vaduz, Zurich, Luxembourg, Singapore, Hong Kong and Road Town (British Virgin Islands). VP Bank Group offers tailor-made asset management and investment advisory services to private clients and financial intermediaries. With its Open Wealth platform for wealth-related services, it provides innovative financial services with a strong focus on sustainability as well as easy access to difficult-to-invest or illiquid asset classes. As of 30 June 2021, client assets under management of VP Bank Group amounted to CHF 52.6 billion. VP Bank is listed on the SIX Swiss Exchange and has received an “A” rating from Standard & Poor’s.

About VP Bank in Asia

VP Bank Ltd Singapore Branch is a boutique private bank with a client-centric business philosophy. With a presence in Singapore since 2008, it is the Asian branch of the Liechtenstein-based VP Bank Group.

VP Bank Ltd Singapore Branch provides specialised wealth management solutions and family office services for high-net-worth clients and professional asset managers and is dedicated to the protection and growth of clients’ wealth. The bank offers a holistic suite of services in wealth management. Apart from private wealth management, VP Bank Ltd Singapore Branch provides comprehensive services for asset managers and other financial intermediaries. The service offering comprises a trading platform, banking services – including e- banking and mobile banking – and operational support. Partnership arrangements with professionals include tailor-made investment advisory, discretionary management solutions, and custodian services.

For more than 15 years VP Wealth Management (Hong Kong) Ltd has concentrated on wealth management and family office services for wealthy private clients. Through our location in Hong Kong we have a presence in one of Asia’s leading centres for wealth management.

VP Bank was awarded Best External Asset Manager Service Provider and Best Private Banking Regional Partnership at Greater China WealthBriefingAsia Awards for Excellence 2020 and Best Asia EAM Service Desk at Citywire Asia EAM Desk Awards 2020. In 2021, VP Bank was named Best Private Bank – Intermediary Services by Asian Private Banker and ‘Best Boutique Private Bank’ at the 9th annual WealthBriefingAsia Awards 2021.

#VPBank

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

ONLYOFFICE Supplies a Comprehensive Office Suite and Versatile Collaboration Platform for Asia Pacific

RIGA, LATVIA – Media OutReach – 16 December 2021 – ONLYOFFICE Docs by Ascensio System SIA offers a powerful office suite that comprises online editors for text documents, spreadsheets and presentations highly compatible with Microsoft Office and OpenDocument file formats. ONLYOFFICE Docs provides users with multiple editing tools and collaborative features ensuring greater team workflow, and seamless work with complex formatting and objects within your web solution.

 

Thanks to an extensive and continuously growing network of resellers and integrators, today ONLYOFFICE is available in 20+ languages and is already trusted by over seven million users in 170 countries. ONLYOFFICE now intends to repeat this brilliant success, this time within Asia Pacific. Already ONLYOFFICE has an established presence in China, where it is hosted by Alibaba Cloud, currently regarded as China’s No. 1 cloud service provider.

 

ONLYOFFICE: scalable, versatile

The ONLYOFFICE Workspace collaboration platform supplies users with all the tools for their daily business tasks — these include managing documents, project planning and scheduling, client relations, and email. This versatile platform can be used in the public cloud as well as launched as an open-source solution on a private network.

 

As an open-source office suite, ONLYOFFICE Docs features online editing tools for text documents, spreadsheets and presentations. The editing tools are highly compatible with MS Office formats (docx, xlsx, and pptx) and equipped with numerous collaborative capabilities – real-time co-editing, commenting, reviewing, and built-in chat.

 

The ONLYOFFICE editing capabilities are currently integrated in more than 20 popular platforms and hundreds of enterprise services, including Nextcloud, ownCloud, Seafile, Alfresco, and others.

 

This breadth of availability is possible because ONLYOFFICE is both a SaaS (Software as a Service) offering and a self-hosted platform for private servers. The immediate advantages are access from just about anywhere, from any device, including a mobile phone, under a wide range of OSs, and, on that basis, group collaboration, all with a high degree of platform inter-compatibility.

 

ONLYOFFICE effectively creates an eco-system of accessibility and scalability. At the lowest level there is a free desktop version for the user who just wants a free alternative to MS Office. At the top end, there’s an Enterprise version, with greatly extended functionality and scalability, including enhanced security — ONLYOFFICE offers rich, layered security in depth, reinforced with end-to-end encryption and hierarchical access rights reminiscent of Unix and Unix-like OSs such as Linux.

 

 “Globally, what we see at ONLYOFFICE is the need for a group-oriented collaborative approach that should prove a hit with users in APAC, where social media messaging has proved hugely popular, while often offering versatile services that extend well beyond simple messaging and chat”, noted Galina Goduhina, Head Of Sales at ONLY OFFICE. “ONLYOFFICE, in fact, supplies companies with their own equivalent internal services platform, with messaging and other apps available at the personal or communal level, plus a blogging engine and more. ONLYOFFICE reduces the huge distances of the APAC region to manageable and secure opportunities for creative teamwork”.

#ONLYOFFICE

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

International Award Winning Philips OLED806 Leads the Gaming TV Trend

Enjoy stunning picture, amazing sound, and unlimited content – now available in Taiwan

TAIPEI, TAIWAN – Media OutReach – 16 December 2021 – The new Philips 4K UHD OLED Android TV, the OLED806, is now available in Taiwan. This gorgeous OLED screen gives you a thrillingly realistic picture combined with immersive 4-sided Ambilight to create cinema-sized excitement. The TV has already won awards including Reddot 2021 and iF Design Award 2021. It’s a versatile all-rounder that includes special features for gamers such as Gaming OLED, Variable Refresh Rate (VRR) and Auto Low Latency Mode (ALLM) to ensure responsive action and clarity that keep you at the top of the leaderboard. The Philips OLED806 is available in Taiwan now with a choice of 55″, 65″ and 77″ screen sizes.

 

OLED Gaming TV, the best Gaming TV experience

 

The Philips OLED806 leads the way in gaming TVs, with NVIDIA G-SYNC and AMD FreeSync dual-certified large format displays, that feature high-bandwidth HDMI 2.1 for fast dynamic conversion and a perfect gaming experience at up to 4K 120fps. Meanwhile, VRR and ALLM provide ultra-low latency and the smoothest and best gaming experience.

 

Stunning, best-looking OLED picture

 

Philips OLED TV is a lifelike and mesmerizing experience that fills the room, thanks to 4-sided Ambilight. Features like the P5 Picture Engine with AI, Dolby Vision and Dolby Atmos guarantee smooth motion, true color, and incredible depth. The vibrant HDR picture is great for movies and great for gaming, and is always comfortable to watch. This TV even looks great when you’re not watching it, thanks to premium design throughout, from stand to remote. There’s the ultra-thin metal bezel, and the soft, textured leather-backed remote with backlit keys. The reversible two-tone metal feet fit to the TV either way around, so you can choose the look you like.

 

Always watch whatever you want, including Disney+

 

With the recent launch of the Disney+ streaming platform, Philips will be able to showcase more than 1,200 movies and 16,000 episodes from Disney+, including Disney, Pixar, Marvel, Star Wars, National Geographic and STAR.

 

When you own a Philips Android TV, the clear, intuitive interface and voice control always finds the content you love, no matter whether it’s Amazon, YouTube, Netflix, or anything else you choose. Check out all the new movie releases and latest series episode, and experience endless movies, TV, music, apps and games online. You can go beyond traditional TV programming with Google Play Store for content and apps. You can even command Google Assistant-compatible smart home devices – for example, to easily dim your room lights and control your air conditioning.

 

Ready for anything with key industry standard support

 

The Philips OLED806 is built with DTS Play-Fi wireless audio streaming technology, bringing the best wireless audio ecosystem to your home, allowing you to control all your DTS Play-Fi-enabled products via Wi-Fi, and stream music simultaneously, bringing an unprecedented sound revolution to your home entertainment experience. The OLED806 also features improved sound quality and storage space, with Mimi Sound’s personalized health volume function, which creates a more enjoyable listening experience by tailoring sound patterns to your ears through listening tests. The storage space has been upgraded from 3GB to 4GB, and the storage space for applications, files and software has been doubled from 16GB to 32GB, which exceeds the industry standard.

 

Where to buy and MSRP

 

Philips TV OLED806 55″: NT$59,900

Philips TV OLED806 65″: NT$89,900

Philips TV OLED806 77″: NT$249,900

 

All the Philips TV OLED806 series are available at Carrefour, RT-Mart, Tsann Kuen and E-Life Mall.

 

About TP Vision

TP Vision Europe B.V. (‘TP Vision’) is registered in the Netherlands, with its head office in Amsterdam. TP Vision is a wholly owned company of TPV Technology Limited (‘TPV’), which is one of the world’s leading monitor and TV manufacturers.

TP Vision is a consumer electronics key player in TV and audio entertainment. TP Vision concentrates on developing, manufacturing and marketing Philips-branded TV sets (Europe, Russia, Middle East, South America, India and selected countries in Asia-Pacific) and Philips-branded audio products (Globally) under trademark license by Koninklijke Philips N.V. We combine the strong Philips brand with our product development and design expertise, operational excellence, and industry footprint of TPV. We believe in creating products that offer a superior audio and visual experience for consumers.

#Philips

Laos Confirms 1 January Reopening for Tourists

Tourism in Luang Prabang
A tourist rides a bicycle in Luang Prabang


Laos has confirmed 1 January 2022 as its official reopening date, according to a notice issued by the Prime Minister’s Office.

Yinan Li, Ex-CTO of Baidu and Former Founder of NIU Technologies Started to Build Electric Vehicles, Brand Name Unveiled as NIUTRON

BEIJING, CHINA – Media OutReach – 15 December 2021 – Yinan Li, the Ex-CTO of Baidu and Former Founder of NIU Technologies, enters into the electric automotive industry. As a technology industry heavyweight, Li’s NIUTRON is expected to be one of the most valuable electric automotive startups after NIO, Xpeng and Li Auto.

 

After a long influential career in high-tech industry and venture capital, Li founded NIU Technologies in 2014, created one of the most innovative and stylish electric two wheelers. NIU was later listed on Nasdaq in late 2018. After he departed from NIU technologies, Li started the automotive venture in 2018, namely NIUTRON. The Company has since grown to a team of 1,000 R&D personnel, and has received investments from world-leading investors such as IDG and COATUE, in its US$500 million series A fundraising.

 

NIUTRON has achieved several milestones since its founding, including its unique Gemini Platform and a strong product pipeline with many future models. NIUTRON NV, the Company’s first model, is a mid-large sized premium SUV, with “Urban Exploring” as its design concept, encompassing both BEV (Battery Electric Vehicle) and EREV (Extended-Range Electric Vehicle) options to meet the needs of different driving scenarios.

 

NIUTRON NV will be launched and open for pre-order in China in the first half of 2022, and the delivery will start in September of the same year.

 

NIUTRON has already been building a modern manufacturing base of 770,000 square meters, with an annual production capacity of 180,000 units. The manufacturing base will be ready for operation in March 2022.

 

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

Hang Lung Properties Garners “21st Century Innovative Business Model” Award

HONG KONG and SHANGHAI – Media OutReach – 15 December 2021 – Hang Lung Properties has garnered the “21st Century Innovative Business Model” Award at this year’s “21st Century Business Model Summit Forum”. As the only property developer to receive such honour, the accolade highlights the Company’s commitment to its motto, We Do It Well, demonstrating the entrepreneurial spirit of striving to create prospects, embrace innovation, and champion change.

 

Hang Lung Properties garners the “21st Century Innovative Business Model” Award,

as the only property developer to receive such honour.

Mr. Derek Pang, Senior Director – Mainland Business Operation and Office,

receives the award on behalf of the Company.

 

Mr. Weber Lo, Chief Executive Officer of Hang Lung Properties, said, ” We are honored to receive the ’21st Century Innovative Business Model Award’. As a leading national commercial property developer, Hang Lung has continuously sought out new business development opportunities. This year, we launched our new brand ’66’ across the Mainland and introduced our premium serviced residences brand, ‘Hang Lung Residences’, which aims to take premium lifestyle offerings to the next level on the Mainland.  On top of these successful initiatives, we continue to uphold our core principles of ‘customer centricity’ and ‘caring about people’, pursuing sustainable growth by connecting our customers and communities and creating compelling spaces that enrich lives for all our stakeholders. This award is the best recognition of Hang Lung’s innovative business strategy.”

 

As a company with an innovative business model, Hang Lung has been striving to create value for its customers, communities, and partners. Ever since its entry into the Mainland over 30 years ago, Hang Lung has been deeply engaged in high-end commercial property development, with 11 diversified world-class developments located in nine cities, while constantly optimizing the tenant mix and rejuvenating the brand. At the same time, Hang Lung has been dedicated to upgrading the provision of services through big data analysis, and the promotion of the customer relationship management program “HOUSE 66” to provide customers with an exclusive personalized service experience.

 

Launched in 2008, the “21st Century Business Model Summit Forum” is jointly organized by 21st Century Business Review and 21st Century Business Herald. Through collecting and analysing a large number of enterprise cases, the summit takes the lead on the Mainland by scientifically defining the concept of business model, establishing the framework of business model analysis, comprehensively evaluating the business model innovation ability of Chinese enterprises, and honoring the enterprises that set benchmarks for innovation within the industry. 

About Hang Lung Properties

Hang Lung Properties Limited (stock code: 00101) creates compelling spaces that enrich lives. Headquartered in Hong Kong, Hang Lung Properties develops and manages a diversified portfolio of world-class properties in Hong Kong and the nine Mainland cities of Shanghai, Shenyang, Jinan, Wuxi, Tianjin, Dalian, Kunming, Wuhan and Hangzhou. With its luxury positioning under the “66” brand, the company’s Mainland portfolio has established its leading position as the “Pulse of the City”. Hang Lung Properties is recognized for leading the way in enhanced sustainability initiatives in real estate as it pursues sustainable growth by connecting customers and communities.

At Hang Lung Properties – We Do It Well.


For more information, please visit www.hanglung.com.

#HangLungProperties

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

Principal introduces first local-domiciled ESG Asian Income and Allocation Strategies to Hong Kong Market

HONG KONG SAR – Media OutReach – 15 December 2021 – Principal Hong Kong (“Principal”) announced the launch of the Principal Sustainable Asian Income Fund today and the upcoming Principal Sustainable Asian Allocation Fund (New Funds) under the Principal Prosperity Series. These funds are SFC authorized and placed on their “list of green and ESG funds” #. This enables retail investors to gain access to the first-to-market local-domiciled ESG Asian income and allocation strategies, which may be part of the income solutions for pre- and post-retirement.  

 

“Enhancing retirement protection with potential regular dividend paying investment products may help sustain the living standards of retirees enabling them to feel more financially secure,” said Mr. Derek Ching, CEO of Principal Investment & Retirement Services Limited.

 

The New Funds aim to provide capital growth and income over medium to long term by investing in Asia Pacific companies that are environmental, social and governance (ESG) Leaders+. They utilize a Best-In-Class strategy^ with the portfolio being 100% ESG screened.

 

“At Principal, our investment capabilities in ESG have been building for over two decades.” said Mr. Ching. “Sustainable investing is becoming a more important consideration for investors. Our New Funds are Asian focused ESG funds with 100% ESG screening. Investing in ESG does not mean that investors need to sacrifice investment returns. In fact, the performance of ESG indices may outperform non-ESG traditional indices.” 

 

These New Funds domiciled in Hong Kong with relatively low to medium risk level are available for investment from both local and Greater Bay Area (GBA) mainland residents. As a southbound stream of GBA’s Wealth Management Connect, these New Funds may help capture the business opportunities with unique fund features not currently offered in the market. The New Funds come with different share classes which include Income Plus Class Units that target higher potential monthly yields for those investors trying to match desired income levels.  

 

 “We keep innovating to empower customers along their retirement journey. By introducing the new ESG income funds, we strive to bring more diversified products for our clients to generate possible passive income and help them achieve their financial goals. At the same time, we help them align their investments with the environmental and social values they’re concerned with. Together, we wish to safeguard the sustainability of our clients’ interests for future generations to come.” Mr. Ching added.  

Notes:

~ Principal Sustainable Asian Income Fund and Principal Sustainable Asian Allocation Fund are on the list of green and ESG funds, and currently they are the only Hong Kong domiciled funds classified as Asian Income and/or Allocation Strategies, please details please refer to https://www.sfc.hk/en/Regulatory-functions/Products/List-of-green-and-ESG-funds

# The list of green and ESG funds does not constitute an official recommendation of these products or a guarantee of their green or ESG attributes or related performance.

+ Principal Asset Management Company (Asia) Limited (the Manager) will assign ESG scorings on potential companies/issuers by using a proprietary ESG methodology. Companies/issuers which are in the higher Quartile 1 or 2 within their respective sectors based on ESG scores as ranked by the Manager’s internal rating system, or have a minimum MSCI ESG rating of BBB will be considered to be ESG leaders.

^ The Manager adopts a best-in-class strategy under which the Manager will screen all securities investable by the Sub-Fund (including ETF and CIS) with the aim of identifying ESG leaders and ESG-focused ETF/CIS.

Investments involve risks. This material is intended for general reference only. There is no assurance on investment returns and you may not get back the amount originally invested.  Dividend is not guaranteed. SFC authorization does not mean the product is suitable for you or any particular investor. You should read the relevant offering document (including the key facts statement) of the funds for further details including the risk factors.

About Principal

In Hong Kong, we are a provider of investment and retirement solutions. Our member companies, including Principal Trust Company (Asia) Limited, Principal Investment & Retirement Services Limited and Principal Asset Management Company (Asia) Limited, combine our capabilities in global investment management, retirement leadership and asset allocation expertise to provide retirement and asset management services as well as award-winning mutual funds and investment products to businesses, individuals and institutional investors. All the above companies are member companies of the Principal Financial Group.

#Principal

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

Sennheiser TeamConnect Ceiling 2 elevates conferencing experience at German Centre Beijing

German Centre Beijing selects Sennheiser’s TCC2 to provide state-of-the-art meeting and conferencing solutions for its tenants

BEIJING, CHINA – Media OutReach – 15 December 2021 – The German Centre Beijing provides modern office spaces, offers conference and meeting facilities, and supports companies with practical advice and services. Located at the heart of Beijing’s business and diplomatic district, the German Centre takes care of the complete workspace infrastructure, so that tenants can entirely focus on their business. Since 1999, more than 500 companies have used the German Centre Beijing to start and grow their business in China. Currently, its 17,000 sqm space is home to more than 70 companies.



Jochen Tenhagen, Managing Director of German Centre Beijing, shared his experience using Sennheiser TeamConnect Ceiling 2 microphones

 

The German Centre offers different types of meeting rooms and facilities for both offline and online meetings and activities – in perfect sync with the needs of their tenants. Recently, the German Centre Beijing has installed two Sennheiser TeamConnect Ceiling 2 (TCC2) units in its ‘Stuttgart’ meeting room to improve the hybrid meeting and conferencing experience.

 

“With the COVID-19 pandemic, many meetings have moved online. We saw a huge increase in the demand for better meeting room audio and conferencing solutions to support this ‘new normal’,” said Jochen Tenhagen, Managing Director of the German Center Beijing.

 

The 72m2 Stuttgart meeting room seats up to 50 people and is used for a variety of functions and business meetings. The room can be expanded into a larger conference area for up to 100 participants with different seating configurations.

 

A flexible and powerful audio and conferencing solution

TCC2 proved to be the perfect audio and conferencing solution for this space thanks to its adaptive beamforming technology and TruVoicelift functionality, which significantly increases speech intelligibility in a meeting or conference room, allowing participants to be heard clearly from every corner of the room.

 

“TCC2 has enabled a truly contactless and wireless experience for our tenants, which has greatly reduced hygiene risks. The dynamic beamforming technology automatically follows the active speaker’s voice, allowing them freedom of movement in the room. Most importantly for us, this meant that the configuration of the room is flexible, and changing it will not impair the audio quality,” explained Jochen Tenhagen. With TCC2, it is also possible to define advanced exclusion zones within the meeting room to eliminate unwanted noise sources, and a priority zone for uninterrupted speech pick-up.

 

Users of the Stuttgart meeting room can now participate in meetings in a stress-free environment and can be confident that they would not miss any key information due to poor sound quality. Participants and guest speakers who join an event remotely will enjoy the same great sound quality: TCC2 will reliably pick up all speakers within a room and make the remote experience more life-like and engaging.

 

The TCC2 is embedded in the meeting room ceiling and the installation was easy and straightforward. The integration of TCC2 with other solutions such as the Q-SYS Core 110f processor from QSC and Clickshare CX-30 conferencing solution from Barco was seamless, and together, they form an integrated smart system that can be controlled using the Crestron control panel.

 

Stuttgart Meeting Room – the most popular meeting room in German Centre Beijing

With the upgrade of the Stuttgart meeting room, TCC2 has not only made remote conferencing more convenient, but also elevated the in-room audio capabilities for live events and meetings. In fact, the Stuttgart meeting room has now become the most popular meeting room at the German Centre Beijing.

 

“I’m really happy with Sennheiser’s TCC2. We can now hear each other clearly from every part of the room, without the need to handle handheld microphones. The conferencing experience for participants who attend meetings and events virtually has also improved greatly with TCC2. Regardless of whether two or twenty participants attend, the sound quality of our virtual meetings is comparable to face-to-face meetings. I am very satisfied with this partnership with Sennheiser,” added Jochen Tenhagen.

 

The German Centre Beijing is confident that its tenants will continue to benefit from TCC2. TCC2 is compatible with leading video collaboration platforms such as Zoom and Tencent Meeting and is certified for Microsoft Teams when deployed with Microsoft-certified DSPs.

 

The high-resolution images accompanying this press release plus additional photos can be downloaded here.

 

About Sennheiser

Shaping the future of audio and creating unique sound experiences for customers – this aim unites Sennheiser employees and partners worldwide. The independent family company, which is managed in the third generation by Dr. Andreas Sennheiser and Daniel Sennheiser, is today one of the world’s leading manufacturers of headphones, loudspeakers, microphones and wireless transmission systems. In 2020, the Sennheiser Group generated turnover totaling €573.5 million. www.sennheiser.com

#Sennheiser