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Bank of Laos Warns Public Against Use of Cryptocurrency

Cryptocurrency and bitcoin

The Bank of Laos (BOL) has issued a notice warning the public about the usage of unregulated cryptocurrencies, including Bitcoin, Ethereum, and Litecoin, which are not connected to actual currency reserves.

Quantron Supports IKEA’s Emissions-free Delivery

HONG KONG SAR – Media OutReach – 17 August 2021 – Quantron, strategic partner of Ev Dynamics, delivers 30 electric vans to IKEA Austria.

Andreas Haller, founder and CEO of Quantron AG (left), hands over a symbolic key for the delivered vehicles to Claes Lindgren, Country Customer Fulfillment Manager IKEA Austria (right)

 

Quantron AG, handed over the first set of 100% emission-free vans to IKEA Austria, this week. The international furniture company IKEA has set itself the goal of becoming climate-positive by 2030. The e-mobility specialist Quantron supports IKEA in this mission and supplies the IKEA logistics center near Vienna with 30 environmentally friendly e-vehicles. The Germany based Quantron AG is strategic partner of Ev Dynamics.

Quantron’s first all-electric Q-Light was already used for extensive testing at the logistics center in June. With a range of at least 170 km, a drive power of 100 kW and a maximum charging power of 70 kW, the e-transporters are ideally equipped for routes between IKEA locations and customers’ delivery addresses. Initially, the vehicles will be used for deliveries to all 23 of Vienna’s municipal districts and within a 30 km radius of the logistics center. 

Andreas Haller, founder and CEO of Quantron AG: “We are pleased to be able to support IKEA with our knowledge and expertise in this important step towards emission-free delivery. Quantron is proud to help companies like IKEA with our many years of e-mobility experience and our international network to make the switch to emission-free freight transport.”

Miguel Valldecabres Polop, CEO of Ev Dynamics, said: “Ev Dynamics and Quantron entered into a share swap agreement on 29 July 2021. Ev Dynamics is proud as investor and strategic partner for the win of this new business opportunity for Quantron AG.”

You can find the original photo in low and high resolution here: Press releases from Quantron AG

About Ev Dynamics (Holdings) Limited (Stock Code: 476)

Ev Dynamics (Holdings) Limited is a pioneer and a prominent player in China’s new energy commercial vehicles market, as well as a whole-vehicle manufacturer of specialty passenger vehicles and new energy passenger vehicles. It is an integrated driving and logistics solutions provider with a solid technological foundation in diverse areas including new energy platform power systems and their key components. The Group has a production base in Chongqing and it has developed its sales network in Mainland China, Hong Kong, Asia Pacific and South America.

#EvDynamics

About Quantron AG

Quantron AG is a provider of clean battery and hydrogen-powered e-mobility systems for commercial vehicles such as trucks, buses and vans. In addition to new electric vehicles, the wide range of services offered by the innovative solutions include the electrification of used and existing vehicles, the creation of individual overall concepts including the appropriate charging infrastructure as well as rental, financing and leasing services and driver training. Quantron AG also sells batteries and integrated customised electrification concepts to manufacturers of commercial vehicles, machinery and intralogistics vehicles. The German company from Augsburg in Bavaria is a pioneer and innovation driver for e-mobility in passenger, transport and freight traffic.

You can find more information at www.quantron.net

Visit the Quantron AG on its social media channels on LinkedIn and YouTube.

Making Merit or Waste? Temples Hope For Environmentally Friendly Solution

Making merit or waste? (Photo: Environlao)
Making merit or waste? (Photo: Environlao)

The amount of waste produced during religious activities has become a noticeable problem, according to Buddhist monks.

Apidays Hong Kong 2021: Deep Diving the Open API, Open Banking & Data Ecosystem in Hong Kong

HONG KONG SAR – Media OutReach – 17 August 2021 – Apidays LIVE Hong Kong 2021, the biggest API-first virtual conference in Hong Kong, unveils the schedule & agenda today with the theme “API Ecosystem & Data Interchange” by beNovelty Limited – a homegrown award-winning API company. More than 1000 attendees are expected to join the virtual event, being held on 25th and 26th August, 2021, with a series of talks, workshops & roundtables from regional and local experts.

The apidays LIVE Hong Kong 2021 with the theme “API Ecosystem & Data Interchange” has confirmed 50+ sessions with speakers from regional banks, leading enterprises, technology companies and fintech companies.

 

Since 2019, the Hong Kong Monetary Authority (HKMA) has been launching different phases of Open API Framework, while Phase 3 & 4 are expected to be implemented progressively starting from December 2021 by 28 participating banks, enabling third party API collaborations in different financial products and services to improve end user experience.

 

“As the Open API Phase 3 & 4 is coming closer, there are increasing discussions of Open API use cases in the community. Banks and enterprises are now less conservative in sharing data and business scenarios with 3rd parties in order to deliver better & more effective services to customers.” explains Patrick CS Fan, organiser of apidays Live Hong Kong & founder of beNovelty Limited. “The key is not only on API (Application Programme Interface) technology itself, but how the services address customer needs at the right time. Nowadays, customers are less willing to walk into bank branches or turn on the bank mobile app for a specific service. The services need to be distributed through different channels under various scenarioswhich ends up requiring bank services and data sitting in third-party applications. The new demand creates new challenges to both banks and third party partners.”

 

Based on the Study Report entitled “The Next Phase of the Banking Open API Journey” released in May 2021, the top 3 ranked challenges of participating in banking Open APIs according to banks and TSPs (Third Party Service Providers) are – 1) Fraud and cybersecurity risks, 2) Difficulty in identifying use cases with tangible business benefits, 3) Complexity of technical development work including legacy modernisation.

 

“We believe there are some commonalities in challenges from different regions and we should learn from the successful and failed experience from each other to speed up the progress.” Patrick said, “That’s why we bring apidays Hong Kong here and line-up 50+ sessions with API domain thought leaders from the east and the west.”

 

The 2-day API conference has confirmed 50+ sessions with speakers from regional banks, leading enterprises, technology companies and fintech companies with 3 focused tracks:

Industry Focus

  • Financial Services & APIs – How financial institutions build up API use cases in regulated environments
  • Enterprise & APIs – How enterprises leverage API technologies in growing their business
  • Open Banking Technologies – Overview of essential technologies in building up Open Banking platforms

API Architecture & Development Focus

  • Architecting APIs – How should we better design, architect & monitor API infrastructure
  • API Product Practice – Learn about the best practice in API product design and development

Developer Experience & Community Focus

  • Developer Experience – Understand the needs of developer experience and how it accelerates API adoption
  • Developer Community – How to engage and grow your API developer community

The apidays LIVE Hong Kong 2021 is lead organised by beNovelty Limited with the Hong Kong Computer Society and the Hong Kong Science Park Startups Alumni Association as supporting organisations.

For more information and to sign up to the event

Registration: https://bit.ly/apidayshk2021-registration

Global Website: https://www.apidays.global/hongkong/

Organiser Website: https://www.benovelty.com/events/apidays-live-hongkong-2021

About beNovelty Limited

beNovelty is a Hong Kong homegrown technology start-up founded in 2015 and the lead organiser of apidays Hong Kong since 2020, dedicated to the development of Open API technology-related businesses & ecosystem. beNovelty is involved in cross sector API collaboration ranging from the banking, insurance, tourism and education industries, establishing partnerships with various types of enterprises. In 2020, beNovelty is the technology partner of API Ecobooster, a program that connects startups and the developer community with the bank to co-create API solutions with HKSTP and HSBC. beNovelty is an acceleratee of HKSTP LEAP Programme and awardee of Hong Kong ICT Start-up Awards (2020) , IFTA Fintech Achievement Awards (2019) etc.

Official website: https://www.benovelty.com

Facebook: https://www.facebook.com/beNovelty

Linkedin: https://www.linkedin.com/company/benovelty/

#beNovelty

NCD Group Embarks on Digital Vision with Infor

Infor’s ERP solution will grant Mongolian developer and construction giant the precision and control it needs to optimize its business processes

ULAANBAATAR, MONGOLIA – Media OutReach – 17 August 2021 – Infor today announced that one of Mongolia’s leading construction companies, Nomin Construction and Development Group (NCD), has selected Infor as its partner in its efforts to digitalize business processes using ERP solution Infor LN.  The deployment will be carried out by Infor partner Vertexmon LLC.

Learn more about Infor LN: https://www.infor.com/solutions/erp/ln

NCD’s business boasts a 25-year history and covers a scope that runs the industry gamut, including construction, design, landscaping, nursery, metal works factory operation, furniture factory operation and steel works operation. Projects NCD has worked on include high-end apartments, housing, commercial areas, playgrounds and other outdoor and indoor spaces. The group currently employs a team of 260 architects, engineers and technical staff.


Streamlining Diversified Operations with the Help of Infor

Amidst rapid business expansion and development in Mongolia over the past few years, NCD’s previous ERP solutions were unable to meet their growing demands and did not understand the company’s increasingly complex business processes. NCD required more powerful solutions that would enable it to collect real-time project data, enhance visibility and better manage projects.

NCD recognized that Infor’s industry-specific purpose-built solutions, including Infor LN, Infor ION, Infor Birst, and Infor Factory Track, could meet their needs by:

  • Establishing a unified platform bringing together business operations from finance to project management and manufacturing
  • Enhancing visibility of business processes and project expenditure
  • Making real-time project and business information accessible to speed up decision making


Why Infor?


NCD selected Infor as its strategic partner in its digital business goals because of Infor’s rich industry experience and flexible solutions that would enable the company to realize its vision now, while scaling up to meet its growing needs into the future.

NCD will be rolling out four Infor solutions including Infor LN, Infor ION, Infor Birst and Infor Factory Track. With these solutions, NCD hopes to achieve more precise project management with better planning capabilities, budgeting, more accurate estimation of material quantities, and the ability to make changes in real-time with visibility across all departments. Infor also provides NCD the ability to control procurement and warehouse management, as well as distribution to construction sites with Infor Factory Track, streamlining supply chain operations.

Furthermore, the Infor solution will allow NCD to have better remote work experience during the pandemic, as the platform will help enhance efficiency and support during current work-from-home scenarios.

“The Mongolian construction and development market is rapidly growing and changing,” said Naranchanga Battulga, Project Director, NCD. “With more and bigger projects, NCD now requires powerful digital solutions that can better meet our business needs for adaptability, visibility and control. We are confident that Infor’s ERP solutions will be able to help us achieve our digital vision now and well into the future.”

D. Mendsaikhan, CEO of Vertexmon LLC, said “We are proud to provide organizations with a comprehensive information management solution that provides end-to-end business visibility, and empowers customers with a comprehensive business management solution that provides a single source of truth, either on-premise or in the cloud using Infor’s industry-specific ERP solution.  In today’s digital age, leveraging innovative and robust ERP solution is key to streamlining operations and taking the business to the next level.”

 

The Road Ahead with Infor

Infor’s ERP solution has a proven track record of helping enterprise users successfully realize their digital visions in a wide variety of industries and scenarios. Infor LN, Infor ION, Infor Birst, and Infor Factory Track will not only help NCD digitalize its business now but give it the tools it needs to sustain more precise control over its operations into the future, maximizing the company’s potential.

“We are confident that with the partnership of Infor, NCD will be able to achieve its digital vision now and into the future,” said Becky Xie, vice president and managing director for Greater China and Korea, Infor. “Infor’s innovative industry-specific solutions finely-tuned in the cloud will help NCD unify disparate business operations and processes, giving the group greater, more precise control over its expenditure, project implementation and more.”

Media contact

Phyllis Tan

Infor Asia Pacific

+65 9799 9133

Phyllis.tan@infor.com

About Nomin Construction and Development Group

NCD Group was established in 2002 under the name of “Nomin Construction” LLC and operated in the design and construction sector. Since 2008, the company has started implementing major housing projects and has expanded to the fields of housing development, manufacturing of metal windows and doors, glass facades, furniture manufacturing, construction, and foreign trade. At this point in time NCD has over 200 subcontractors and employs over 2,000 employees with 360 specialists, architects, engineers and technicians. We have a history of more than 20 years of successful development with the aim to provide housing to the public at large and contribute to the continued evolution of Ulaanbaatar into a major international city.

Our mission is to foster a sense of love for the environment and to support sustainable development by integrating eco-friendly manufacturing and development processes paired with world-class quality, forward thinking techniques and technologies, thereby fulfilling our societal responsibilities to the fullest.

The NCD Group is focused on improving its internal processes, delivering quality and flawless products to its customers, and fostering customer-centric operations and ideals and has thus implemented ISO 9001 and ISO 45001 standards in our daily operations.

In addition, we have established a PMO (Project Management Office) to provide comprehensive and professional management of our project as part of our efforts to elevate our project management capabilities to the international level and to implement a unified project management standard

#NCDGroup

About Vertexmon LLC

Vertexmon LLC was established in 2012 in the field of information technology, communication, information security, development of comprehensive business solutions, and supply of information technology products. To date, it has successfully implemented more than 1,800 projects and programs to meet the needs of its customers, and together with more than 200 skilled workers, continues to contribute to Mongolia’s information technology sector. To learn more, please visit https://vertexmon.com/about-us.

#VertexmonLLC

About Infor

Infor is a global leader in business cloud software specialized by industry. Providing mission-critical enterprise applications to 67,000 customers in more than 175 countries, Infor software is designed to deliver more value and less risk, with more sustainable operational advantages. We empower our 17,000 employees to leverage their deep industry expertise and use data-driven insights to create, learn and adapt quickly to solve emerging business and industry challenges. Infor is committed to providing our customers with modern tools to transform their business and accelerate their own path to innovation. To learn more, please visit www.infor.com.

#Infor

PMI and Deloitte Consulting Southeast Asia announce collaboration to propel growth of Project Management in the region

SINGAPORE – Media OutReach – 17 August 2021 – Project Management Institute (“PMI”) and Deloitte Consulting Southeast Asia (“Deloitte”) today announced their collaboration to increase awareness of the important role project management skills play in delivering valuable outcomes with a targeted program reaching the Southeast Asia (SEA) region, particularly in Brunei, Cambodia, Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam.

Recognising that Project Management impacts lives in one way or another, especially as the region copes with the pandemic, this collaboration aims to empower policy-makers and change-makers with the knowledge and skills required to be successful in Project Management and driving the future growth of the region.

 

The collaboration also seeks to empower professionals with unique skills that can be leveraged to meet today’s fast-moving and often ambiguous challenges, and work on ways to enhance the Future of Project Management and contribute to the growth of knowledge and capability in the region.

 

Organizations and their people need to find new ways of working and delivering value. Pulse of the Profession® research by PMI reveals that 47% of the respondents’ rate learning & development as a key aspect of talent management in building what is called a gymnastic enterprise. Gymnastic enterprises are leading the way by empowering their people to master new ways of working.

 

PMI along with its authorised training partners, will support the learning and development initiatives at Deloitte by providing courses, trainings and other professional development opportunities that will enable professionals to improve their skills and grow in their career.

In today’s environment where leadership skills are essential for businesses to deliver change for their people, projects and programmes, Deloitte is at the forefront providing Project Management expertise to enhance these skills and transform ideas into reality and success. Deloitte is committed to effect purpose-led change and helps its clients across the various countries and industries of the SEA region to address complex economic, environmental and social challenges.

Commenting on the collaboration, Ben Breen, Managing Director, Asia Pacific and Head of Global Construction, PMI said, “This collaboration is a testimony of our growing presence in the SEA market.  PMI is a global leader in training, certification, networking and ongoing development of project management skills. We have always been committed to enabling professionals to advance careers, strengthen organizational success, and enable changemakers with new skills and ways of working to maximize their impact. Our collaboration with Deloitte is a step to demonstrate our commitment to empowering these changemakers with skills to drive change and make ideas a reality.”

Eugene Ho, Regional Managing Director of Deloitte Consulting Southeast Asia said, “This collaboration with PMI demonstrates the industry-wide recognition that Deloitte is the market leader in Project Management. Our Project Management capabilities are fundamental for our business and enable us to successfully deliver value to our clients. In line with our aspirations to propel growth in the SEA region, we are excited to work together with PMI to build more Project Management capability in the local markets, formally certify more consultants, and share knowledge and industry best practices through networking activities and learning opportunities. Looking into the future, we also want to bring this directly to the youth and future leaders in the local communities through education and internships, which is aligned to Deloitte’s Global WorldClass initiative to impact 100 million futures by 2030”.


PMI and Deloitte will also work closely together to nurture future Project Management talent in Southeast Asia through internships, mentorships, competitions, hackathons and conferences, among other initiatives.

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities (collectively, the “Deloitte organization”). DTTL (also referred to as “Deloitte Global”) and each of its member firms and related entities are legally separate and independent entities, which cannot obligate or bind each other in respect of third parties. DTTL and each DTTL member firm and related entity is liable only for its own acts and omissions, and not those of each other. DTTL does not provide services to clients. Please see www.deloitte.com/about to learn more.

Deloitte Asia Pacific Limited is a company limited by guarantee and a member firm of DTTL. Members of Deloitte Asia Pacific Limited and their related entities, each of which are separate and independent legal entities, provide services from more than 100 cities across the region, including Auckland, Bangkok, Beijing, Hanoi, Hong Kong, Jakarta, Kuala Lumpur, Manila, Melbourne, Osaka, Seoul, Shanghai, Singapore, Sydney, Taipei and Tokyo.

About Project Management Institute


Project Management Institute (PMI) is the world’s leading professional association for a growing community of millions of project professionals and changemakers worldwide.

As the world’s leading authority on project management, PMI empowers people to make ideas a reality. Through global advocacy, networking, collaboration, research, and education, PMI prepares organizations and individuals to work smarter so they can drive success in a world of change.

Building on a proud legacy dating to 1969, PMI is a “for-purpose” organization working in nearly every country around the world to advance careers, strengthen organizational success, and enable changemakers with new skills and ways of working to maximize their impact. PMI offerings include globally recognized standards, certifications, online courses, thought leadership, tools, digital publications, and communities. Visit us at https://www.pmi.org/, www.projectmanagement.com, https://www.linkedin.com/company/pminstitute, www.facebook.com/PMInstitute, and on Twitter.

#ProjectManagementInstitute #PMI

7-Eleven x Coca-Cola Crossover Themed Store unveils all-new Hong Kong-inspired look

This one-of-a-kind store in Kowloon has been given a brand-new look with the theme Turn Up the City’s Rhythm with Coca-Cola. Play a game on the interactive vending machine to win prizes and be the first in town to redeem an exclusive Coca-Cola Hong Kong-style Café Brick Model only at this store.

HONG KONG SAR – Media OutReach – 17 August 2021 – The 7-Eleven x Coca-Cola crossover themed store which opened last year has just received a refreshing brand-new look! With the theme Turn Up the City’s Rhythm with Coca-Cola, this unique concept store now boasts a completely new design inside and out incorporating a variety of Hong Kong-inspired elements and displays to delight and surprise customers. The striking storefront depicts the familiar streetscape of Hong Kong against an iconic Coca-Cola red backdrop. The interior of the store similarly features a whole host of Coke themed details and motifs including a Hong Kong tram shelving display and an eat-in section completely made over to look like a classic cha chaan teng! The store is also decorated with images of classic retro toys to transport customers back to their childhoods. And there are other fun details and activities in every corner of the store to discover including a 3D photo wall – the perfect backdrop for selfies with friends – and neon-lit display cabinets in the shape of Coke’s instantly recognisable contour bottle.

 

Play the limited-time Turn Up the Rhythm interactive game and test your skills for a chance to win!

From 11–24 August 2021, customers who buy a bottle of Coke, Sprite, Schweppes or Fanta (410ml-500ml) at the crossover themed store will get a chance to play the Turn Up the Rhythm game on the interactive vending machine in store*. To play, just tap the button to the rhythm of the music and fill up the Coke can on the top left of the screen. If you successfully fill the can right up to the top, you will win a free 330ml can of Coke^ with an e-coupon**­. So you and your friends can enjoy a Coke together!

 

*Each receipt allows customer to play the game once. The game is available from 11 August to 24 August (between 12 nn and 4pm)

^ Prizes are limited in quantity each day and while stocks last.

**The e-coupon enables customers to buy any 2 x 330ml Sleek cans of Coca-Cola (any variety) at a special discount price of $10. The e-coupon is valid from 11 August (7am) to 31 August 2021 and can only be used at the 7-Eleven x Coca-Cola Crossover Themed Store: Shop A, G/F, TAL Building, Nos. 45-53 Austin Road, Tsim Sha Tsui, Kowloon

Be the first in town to redeem an exclusive Coca-Cola Hong Kong-style Café Brick Model

Coca-Cola is launching a special series of Hong Kong-style Brick Models. From 11–17 August 2021 exclusively at the crossover themed store, customers can redeem the first model in the series – a Coca-Cola Hong Kong-style Café – for purchasing any 4 bottles of Coke, Sprite, Schweppes or Fanta (410ml-500ml) and added $49^^. The quantity of goods is limited and while stocks last. This exquisite model of a typical cha chaan teng with its classic green facade and bright red Coca-Cola signboard is packed full of fun details inside and out. Be sure to redeem one before they run out and relive sweet memories of days gone by! What’s more, the Apartment with Coca-Cola Truck and Grocery Store Brick Models can be redeemed at any 7-Eleven store from 18 August to 1 September 2021.

^^Only one model can be redeemed per transaction. The quantity of redemption items is limited and while stocks last. The offers above are only applicable at the 7-Eleven x Coca-Cola Crossover Themed Store: Shop A, G/F, TAL Building, Nos. 45-53 Austin Road, Tsim Sha Tsui, Kowloon. The quantity of items is limited and only available at selected stores, and while stocks last. Terms and conditions apply. For more details, please refer to instore promotional materials.

Coca-Cola HK-style Brick Models

HK-style Café

 (Crossover Themed Store Exclusive)

Apartment with Coca-Cola Truck

Grocery Store

Redemption period:  from 11 August

Dimensions: approx. H9.5 x W10 x L13cm

Redemption period: from 18 August

Dimensions: approx. H19 x W10 x L13cm

Redemption period: from 1 September

Dimensions: approx. H10.5 x W10 x L13cm

Crossover Themed Store Exclusive: Thick Toast with Double Lemon Coke Set

The crossover themed store will also be exclusively launching a limited-time only Hong Kong-style Thick Toast with Double Lemon Coke Set ($26). The set includes a thirst-quenching Double Lemon Coke – consisting of fresh lemon, salted lemon and ice-cold Coca-Cola – and a thick slice of freshly made toast. Customers can choose from 3 different toast toppings – butter, peanut butter, or condensed milk – for that authentic cha chaan teng taste! The set comes in a limited-edition Turn Up the City’s Rhythm with Coca-Cola take-out holder that’s not only convenient but also looks great. So, beat the mid-afternoon slump with this exclusive teatime treat!

7-Eleven x Coca-Cola Crossover Themed Store address: Shop A, G/F, TAL Building, Nos. 45-53 Austin Road, Tsim Sha Tsui, Kowloon

Prices may change without prior notice. The product price at the store shall prevail. Some items are only available at selected stores. The quantity of goods is limited and while stocks last.

#7Eleven #CocaCola

Laos Confirms 207 New Cases of Covid-19

Laotian Times Covid-19 Update

Laos has confirmed 207 new cases of Covid-19 today, bringing the total number of cases in the country to 10,648.