31.5 C
Vientiane
Friday, May 23, 2025
spot_img
Home Blog Page 2724

Thailand to Join COVAX Following Low Vaccine Supply

Crowded market in Sukhothai, Thailand in 2020
A crowded market in Sukhothai, Thailand in 2020.

Thailand has announced it is in the process of joining COVAX, a worldwide initiative aimed at ensuring equitable access to Covid-19 vaccines.

Luang Namtha Inundated by Floods after Torrential Rain

Military personnel assist villagers in flooded Luang Namtha
Military personnel assist villagers in flooded Luang Namtha (Photo: Lao National Radio)

Villages in Luang Namtha District of Luang Namtha Province have been inundated by floods after days of torrential rain.

Chinachem Group and ATAL Engineering Group signs Memorandum of Understanding to foster collaboration on Healthcare Facilities Management

HONG KONG SAR – Media OutReach – 21 July 2021 – Chinachem Group (the Group) and ATAL Engineering Group (ATAL) today signed a Memorandum of Understanding (MoU) to collaborate in providing comprehensive services to the healthcare industry in Hong Kong. The move underlines not only the determination of both parties to foster the commercial collaboration, but also the Group’s commitment to business expansion and creating a liveable city.

Witnessed by Donald Choi, Executive Director and Chief Executive Officer of Chinachem Group (1st left) and Dr Otto Poon, Chairman of ATAL Engineering Group (1st right), the Memorandum of Understanding to foster collaboration on Healthcare Facilities Management was signed by Hung Han Wong, Executive Director and Chief Operating Officer of Chinachem Group (2nd left) and Victor Law, Managing Director of ATAL Engineering Group (2nd right) at Nina Hotel Tsuen Wan West.

Group photo of Donald Choi, Executive Director and Chief Executive Officer of Chinachem Group (Centre); Hung Han Wong, Executive Director and Chief Operating Officer of Chinachem Group (6th left); Dr Otto Poon, Chairman of ATAL Engineering Group (6th right); Victor Law, Managing Director of ATAL Engineering Group (5th right); and senior management members of Chinachem Group and ATAL Engineering Group.

The Group provides high-quality property management, and its subsidiary Nina Hospitality also has expertise in hotel management. They exert decisive influence in the professional field of property management and hotel services. As a leading electrical and mechanical engineering service provider in Hong Kong, ATAL has unparalleled competitive advantages in providing multi-disciplinary E&M engineering and technology services for healthcare sector including private and public hospitals over the years. According to the MoU, leveraging on synergies from the core competencies of both companies, the Group and ATAL have decided to join forces to deliver, in form of joint-venture, services for the operation, management and maintenance of local medical facilities. The two parties shall further explore collaboration opportunities in areas such as medical tourism, tele-medicine and IoT solution for healthcare industry, and bring in contributing resources to achieve respective business goals.

The MoU was signed by Hung Han Wong, Executive Director and Chief Operating Officer of Chinachem Group and Victor Law, Managing Director of ATAL Engineering Group; witnessed by Donald Choi, Executive Director and Chief Executive Officer of Chinachem Group and Dr Otto Poon, Chairman of ATAL Engineering Group at Nina Hotel Tsuen Wan West.

“Partnership lies at the heart of Chinachem’s successes. By aligning with companies and organisations that share similar values to our own, we’re able to forge alliances for the long term. We are very pleased to sign a Memorandum of Understanding with ATAL to establish a strategic partnership. By making good use of the respective competitive advantages, a new cooperation model could be bought into medical sector. We also wish to be the leader of property management for healthcare facilities. This not only broadens the Group’s revenue streams, but also enhances the level of the Group and the industry, brings positive value for stakeholders and drives the development of the liveable city,” said Donald Choi.

Dr Otto Poon said, “Our healthcare system is under increasing pressure as the population in Hong Kong and elsewhere continues to age. Demand for high quality healthcare facilities is not only greater than before but also rising. Through this partnership, ATAL and Chinachem are uniquely positioned to seize the opportunities in delivering healthcare services which not only satisfy the community needs but also enable us to gain a larger foothold in healthcare sector in the local market and beyond.”

For high resolution photos, please download here.

About Chinachem Group

Since 1960, Chinachem Group has been a leading property developer in Hong Kong, with a portfolio covering residential, commercial, retail and industrial buildings for sale and investment, in addition to operating hotels and property management services. The Group actively seeks to make a positive contribution to society through its adherence to the “Triple Bottom Line”, a commitment that its activities will benefit People, bring Prosperity to the community and preserve the Planet.

About ATAL Engineering Group


Established in 1977, ATAL Engineering Group is a leading electrical and mechanical engineering service provider headquartered in Hong Kong, with operations in Macau, Mainland China, the UK and the US. Serving a wide spectrum of customers from public and private sectors, the Group provides multidisciplinary and comprehensive E&M engineering and technology services in four major segments, including Building Services, Environmental Engineering, Information, Communications and Building Technologies (“ICBT”) and Lifts & Escalators. ATAL’s parent company, Analogue Holdings Limited, is listed on the Main Board of the Stock Exchange of Hong Kong (Stock Code: 1977).

#ChinachemGroup #ATALEngineeringGroup

Callsign invited to join the World Economic Forum’s Global Innovators Community

HONG KONG SAR – Media OutReach – 21 July 2021 – Callsign, the digital trust pioneer, has been invited by the World Economic Forum to join its Global Innovators Community; a group of the world’s most promising start-ups and scale-ups that are at the forefront of technological and business model innovation.

The World Economic Forum provides the Global Innovators Community with a platform to engage with public and private-sector leaders and to contribute new solutions to overcome current crises and build future resiliency.

Dr, Zia Hayat CEO and Chairman of Callsign explained: “Founded fifty years ago, the World Economic Forum is still at the forefront of solving some of the most pressing global challenges we face today. The ‘Fourth Industrial Revolution’ means our world is more connected than ever and the World Economic Forum also recognizes that this revolution presents an opportunity to adopt technologies and establish digital trust for a more inclusive and human centered future.

It’s a privilege to be invited to work with the World Economic Forum and to collaborate with organizations in public, private and academic sectors as well as governments to establish digital trust and secure the future of the global economy, equitably.”

Prior to joining the Global Innovators Community, Callsign was recognized by the World Economic Forum as a Technology Pioneer in 2019 for its potential to revolutionize how people digitally identify themselves and, pioneering a new approach to re-establishing digital trust.

Callsign’s unique intelligence-driven authentication positively identifies users, delivering safety and minimal friction for genuine users, while ensuring that bad actors are blocked. This is being used to underpin digital trust across financial institutions, governments and commerce globally.

Callsign is currently participating in the World Economic Forum communities on Cybersecurity, Blockchain and Machine Learning and Artificial Intelligence.

Companies who are invited to become Global Innovators will engage with one or more of the Forum’s Platforms, as relevant, to help define the global agenda on key issues. To learn more about the Global Innovators Community, visit the World Economic Forum website.

About Callsign

Callsign is pioneering the global network for identification. We solve challenges that organizations face in getting their users on to and interacting with their digital platforms easily and securely. We provide solutions to some of the world’s largest banks and offer “bank-grade” identification to public and private sector clients of all sizes. Callsign’s Intelligence Driven Authentication recognizes users by combining deep learning insights with personalized and contextual customer journeys. As a result, users can get on with their digital lives whilst businesses improve customer engagement, increase productivity and reduce the risk of fraud.

To learn more about Callsign and how it is helping businesses to intelligently protect against global threats in real-time visit: https://www.callsign.com/

#Callsign

Match Dating has been awarded “Most Professional Date Matching Service 2020”

More than 10 years of professional matchmaking qualifications

HONG KONG SAR – Media OutReach – 21 July 2021 – Match Dating, a dating agency company who have more than ten years of couple matching experience. Recently, Match Dating was awarded the “Most Professional Date Matching Service 2020” in the “Most Innovative Enterprise Award 2020”. The event was hosted by “Business Innovator”. This award served to praise the outstanding contribution and innovation in all walks of life, encouraging elites from different work fields to keep up their creativity in developing their own industry. “Business Innovator” also want to use this opportunity to raise the awareness of outstanding Hong Kong brand among customers and society. The theme of the award of this year is “Outstanding innovation, extraordinary achievements”. Outstanding companies like Match Dating that have innovative thinking and perspective can be recognized through this award, thus enhance the quality of service and the competitiveness among the industry.


Additionally, this award event was planned to be a continuously operating platform that encourage people who have innovative ideas to share their creativity and specialty together. “Business Innovator” is hoping to build a reward that recognized internationally and supported by most Hong Kong business companies.

There would be over 50 representatives of different outstanding companies attend to this award event, which is enough to certify the acceptability of the awards ceremony. Industry Chamber of Commerce, professionals, leaders, celebrities in all walks of life would be invited to attend to this awards ceremony. Hong Kong Special Administrative Region Government officials would also be invited.

A reward acceptance speech from the representative of Match Dating, “First, we have to thank the host “Business Innovator” for organizing this event, we are glad to be awarded the “Most Professional Date Matching Service 2020”. This award is not just an encouragement to our dating agency company, but also a recognition of our effort in the business mode and creativity of our company. In fact, this award serves as a reminder for us, letting us to keep up our attitude of truth seeking and people oriented, helping every single client to build up their happy life. This award also motivated us to pay more effort in offering a different and more effective marriage choice that is other than the popular but less effective way of dating like using dating app and attending speed dating event. We will do our best and executing our profession. We are hoping to spread out the message to those who are single that if they are brave enough to take the first step, they will definitely get their dreamed relationship. Due to the recent pandemic, our industry like all other speed dating companies is affected, and this also add up the meaning of getting this award at this moment. We are glad to join this award event since this award was proved by the most representative judge. To us, this reward is not just a compliment, but also a duty. This award does not come easily, we are happy to receive such a high recognition.”

About Match Dating

Match Dating is run by a team that has over ten years of matching experience. Match Dating usually host a counseling session with the client first under the method of one-on-one counseling to understand their view and status of psychology of relationship using some of the knowledge in psychology. Thus, to get to know more about clients’ mate picking criteria. They will then proceed with the matching service via manual screening according to the mate picking demand of the client, in order to provide effective and client-oriented service. “Match Dating” offers one on one date matching service for those who are single, providing a safe and convenient matching network for the community. “Match Dating” aims to use the least time to match up couples, because “Match Dating” believed that under the fast-food culture of dating app and speed dating would be hard for people to meet up with their dreamed relationship.

Match Dating website: https://matchdating.com.hk/

Tel: +852 9581 6883

#MatchDating

Authorities Draft New Legislation on Surrogacy and Abortion in Laos

Authorities Draft New Legislation on Surrogacy and Abortion in Laos

Laos has authorized surrogacy for married couples who are unable to conceive on their own, as well as legalizing abortion in certain circumstances under new legislation.

Education Platform MPOWER Financing Raises $100 Million in Equity to Support Studying Abroad

The funding will fuel the company’s mission to make a North American education accessible to high-promise students from around the world

WASHINGTON, DC – Media OutReach – 21 July 2021 – MPOWER Financing, the leading provider of education loans to high-promise students around the world, today announced that it has raised an equity investment of US$100 million. The funding underscores investors’ confidence in MPOWER’s position as the leading lender for students aspiring to study abroad.

Founded in 2014 by Emmanuel (Manu) Smadja, MPOWER Financing aims to democratize education by reducing financial barriers for high-promise students from around the world. MPOWER’s loans are approved instantly and are granted at competitive interest rates without requiring a cosigner or collateral. MPOWER additionally provides students with academic, financial and career guidance to position them for success both in school and after graduation.

“We’re delighted to be working with experienced investors who share our vision of empowering the brightest students from around the world,” said Smadja, Chief Executive Officer of MPOWER Financing. “The new funds will be used to directly support students, automate and scale our operations, and to grow our team. We look forward to supporting an even greater number of qualified students around the globe as they study in the U.S. and Canada.”

“As a Qingdao’er who did my master’s degree in the U.S., I remember clearly the challenges – but also the opportunities – that arise from an overseas education,” said Mario Zhang, Interim Head of China at MPOWER Financing. “At MPOWER, I am honored to help future generations of students like me to access the world’s top universities without financial pressure and to build bridges between East and West.”

The new funding is in addition to the US$30 million MPOWER raised earlier this year from Tilden Park Capital Management, which also participated in the current round, and ETS Strategic Capital on behalf of ETS, the world’s largest non-profit educational assessment, research and measurement organization. Other investors in the current round include King Street Capital Management, Drakes Landing Associates, and Pennington Alternative Income Management.

“We are excited to partner with MPOWER Financing as it operates a truly differentiated business model where it not only lends to students, but also offers career guidance and supports students throughout their journey,” said Chris Gamaitoni, Managing Director of Tilden Park Capital Management. “The team’s mission and commitment to their students are inspiring. We are thrilled to support MPOWER Financing as it continues to expand its global reach and support even more students. We look forward to building on the company’s successes together.”

About MPOWER Financing:

MPOWER Financing, headquartered in Washington, D.C. and with offices worldwide, is a mission-driven fintech company and the leading provider of global education loans that do not require a cosigner. It is the only student lender worldwide that uses a proprietary algorithm to analyze overseas and domestic credit data and future earning potential to serve high-promise international and DACA students. MPOWER works with over 350 top universities across the U.S. and Canada to provide financing to students from 200+ countries. The MPOWER team, which consists heavily of former international students, helps build students’ credit histories and provides them with personal financial education and career support to prepare for life after school. MPOWER was named one of the best places to work, one of the best tech workplaces for diversity, and one of American Banker’s top fintech firms to work for four years in a row. The team is backed by Zephyr Peacock, Breega, Potencia Ventures, Goal Solutions, Gray Matters Capital, Cometa, AI8, DreamIt, 1776, Village Capital, Fresco, K Street, and University Ventures.

#MPOWERFinancing

About Tilden Park Capital Management:

Tilden Park Capital Management LP is a multi-strategy fixed-income-focused alternative asset manager headquartered in New York City. The firm concentrates primarily on structured products and mortgages, fixed income relative value and related corporate credit and equity strategies. Tilden Park is led by Chief Investment Officer Josh Birnbaum, who previously co-managed trading at Goldman Sachs’ Structured Products Group.

About King Street Capital Management:

King Street is a $20 billion global investment management firm founded in 1995 with offices in New York, London, Singapore, Tokyo and Charlottesville, VA. With over 25 years of experience as a global credit specialist, King Street employs a fundamental, research-intensive approach across multiple strategies, markets, industries and asset classes including an expanding lending platform.

38 Percent of Returnees in Champasack Infected with Covid-19

Lao labor returning to Laos
Lao labor returnees crossing into Savannakhet Province from Thailand (Security News)

Health officials have revealed that up to 38% of returning migrant workers in Champasack Province have tested positive for Covid-19, with high infection rates in Savannakhet as well.