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Garment Factory Outbreaks See Covid-19 Spread in Vientiane Capital

Covid-19 Update Vientiane

Laos has confirmed 371 cases of Covid-19 today, with community spread continuing in Vientiane Capital.

Vientiane Capital Requests Urgent Lockdown

Vientiane Capital Reinstates Lockdown
Patuxay Monument (Photo: Inspiring Laos).

The office of the Mayor of Vientiane Capital requested authorization from the Deputy Prime Minister today to reinstate lockdown across several districts in the nation’s capital.

Laos to Vaccinate Pregnant Women Against Covid-19

Laos to vaccinate pregnant women

The Lao Ministry of Health has issued a notice stating it has authorized Covid-19 vaccinations for pregnant women and 17-year-old children.

Laos Records Record Number of Cases, Over 200 in Vientiane Capital

Covid-19 update

Laos has confirmed a record 467 cases of Covid-19 today, with community spread worsening across the nation.

Blue Cross Dynasty VHIS Plan Lifetime Benefit Limit up to HK$48,000,000

8 Deductible Plan Options Offering Flexibility and Cost-Efficiency

Apply with Family Members to Enjoy Triple Offer

First-year Premium Discount as low as 50% off for HK$12/Day

HONG KONG SAR – Media OutReach – 17 September 2021 – Blue Cross (Asia Pacific) Insurance Co., Ltd. (“Blue Cross”) announced the launch of Blue Cross Dynasty VHIS Plan (the “Plan”), a comprehensive and highly flexible choice for customers who are looking for high-end medical protection. The Plan offers a lifetime benefit limit up to HK$48,000,000, full cover for 17 key benefit items and 8 deductible plan options, enabling customers to design their own plan based on their needs and budget. The Plan specially provides care for patients with chronic illnesses, with market-first coverage for Sleep Apnea Treatment amongst VHIS plans. If applying with family members, customers can enjoy triple offer with first-year premium discount as low as 50%1, approximately HK$12/ day2.

Blue Cross Dynasty VHIS Plan is a comprehensive and highly flexible choice for customers who are looking for high-end medical protection. At the same time, Blue Cross rolled out a promotion campaign with the theme “Just Right” in which artist Ava Liu shared how Blue Cross medical insurance can help and support, providing everyone a safety net in times of need.

Blue Cross Dynasty VHIS Plan is certified by the Food and Health Bureau as a voluntary health insurance scheme (VHIS) flexi plan, suitable for insured aged between 12 days and 80 years old. This Plan fully covers major medical expenses from diagnosis, surgery to recovery, including Room and Board, Surgeon’s, Anesthetist’s and Specialist’s Fees, Pre- and Post-confinement/ Day Case Procedure Outpatient Care, Post-confinement Home Nursing, Prescribed Non-surgical Cancer Treatments and Outpatient Kidney Dialysis, etc. The Plan also covers Rehabilitation Treatment, Stroke Rehabilitation Treatment and Sleep Apnea Treatment (a market-first cover among VHIS plans).

The Plan is highly flexible that offers two plan levels, Worldwide and Asia & Australia-New Zealand, and four annual deductible options (HK$0, HK$20,000, HK$40,000 or HK$80,000), making a total of 8 deductible plan options for selection. No matter a customer has been covered by company’s group medical insurance, Blue Cross Dynasty VHIS Plan is a smart choice for enhanced medical protection. Customers can select deductible based on their needs and budget, to save premium up to 68%3 while enjoying all-round cover. In the event of a claim, if the claimed amount payable by group medical insurance is unable to fully reimburse the medical expenses, Blue Cross Dynasty VHIS Plan can provide additional coverage and reduce the chance of customer paying the shortfall at his/her own expenses.

Mr. Patrick Wan, Managing Director of Blue Cross, said “Blue Cross is committed to providing customers with quality products and services that meet their needs. Since the launch of CareForYou VHIS Plans which have been well-received by our customers, we are pleased to launch Blue Cross Dynastic VHIS Plan to further enrich our product portfolio and reach a wider group of customers so as to address the market demand for high-end medical insurance products. We actively adopt digital technology in our products and insurance services in order to meet the lifestyle of customers nowadays. From application to claims submission, customers can enjoy one-stop digital medical insurance services through Blue Cross HK App, including GPS location-based network doctor/clinic search, making appointment from a medical network of over 1,000 doctors or for video consultation, instant outpatient registration and payment with QR Code as well as claim submission, giving customers a digitalised experience which is truly paperless and cashless.” 

Renowned artist Ava Liu is making good progress in her career development. After establishing a family and the birth of her daughter, she always feels that she needs to give her family a comprehensive protection that she trusts. She has recently become the spokesperson of Blue Cross Personal Medical Insurance product series, and has noticed that Blue Cross Dynasty VHIS Plan is a safety net for her and her family to provide medical protection. The breadth of cover, flexibility and cost-efficiency offered by the Plan allow her to design a “just right” medical protection according to the actual needs of the family. At the same time, she can enjoy family discount and tax deduction4.

Blue Cross Dynasty VHIS Plan provides a series of superb value-added services, including Free Annual Health Checkup, Free Second Medical Opinion, Pre-hospitalisation Claim Assessment, No Hospital Bills to Pay service, 24-hour Worldwide Emergency Aid and Nursing Care Hotline. The Plan is guaranteed renewable for lifetime, customers can enjoy up to 15% no claim discount (if applicable) at the time of renewal.

Upon successful application for Blue Cross Dynasty VHIS Plan during the promotional period, customers can enjoy triple offer with first-year premium discount as low as 50%, including 16% early bird offer, 30% welcome offer and up to 15% family discount. Tax deduction can be applied for qualifying premiums paid for the policy.

The above product information of Blue Cross Dynasty VHIS Plan does not include full version of terms and conditions. Please refer to the policy for detailed terms and conditions. Promotional offers are subject to terms and conditions. Please visit Blue Cross website at www.bluecross.com.hk or download the Blue Cross HK App.

Remarks:

  1. Including 16% early bird offer, 30% welcome offer and up to 15% family discount.
  2. The premium is calculated based on the assumption that two individuals aged 28 and one individual aged 2 have selected the Asia-New Zealand plan and deductible of HK$80,000 and enjoy triple offer.
  3. The percentage is calculated based the difference in premium between deductibles of HK$0 and HK$80,000, according to same plan level and actual age.
  4. Tax deduction is subject to the requirements as stated in the Inland Revenue Ordinance.

Disclaimers:

  • This press release is for distribution in Hong Kong only. The distribution of this press release is not and shall not be construed as an offer to sell or a solicitation to buy or a provision of any insurance product outside Hong Kong.
  • Blue Cross (Asia-Pacific) Insurance Limited is a subsidiary of The Bank of East Asia, Limited and a member of the BEA Group. It is not affiliated with or related in any way to Blue Cross and Blue Shield Association or any of its affiliates or licensees.

Blue Cross (Asia-Pacific) Insurance Limited

Blue Cross (Asia-Pacific) Insurance Limited (“Blue Cross”) is a member of The Bank of East Asia Group. With over 50 years of operational experience in the insurance industry, Blue Cross provides a comprehensive range of products and services including medical, travel and general insurance, which cater to the needs of both individual and corporate customers.

In 2021, Blue Cross was assigned a financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) by A.M. Best, a global full-service credit rating firm specialising in the financial service industry. For the latest rating, please access www.ambest.com.

#BlueCross

HDBank gets US$50 million from French development agency to finance green projects

HO CHI MINH CITY, VIETNAM – Media OutReach – 17 September 2021 – Proparco, the French Development Finance Institution, has granted a US$50 million loan to HDBank to finance green projects and promote sustainable development in Vietnam.

It marks the first collaboration between Proparco and HDBank.

A pioneer in green lending, HDBank has in past years helped foster Việt Nam’s economic development while minimising the impacts on the environment.

The loan will help the bank get closer to international standards in green credit.

All projects funded by HDBank satisfy green criteria such as reducing energy consumption, reducing CO2 emissions, reducing pollution, and targeting sustainable growth.

Green projects promise to create more than 1,350 direct and indirect jobs over the coming years.

They will contribute to achieving the United Nations’ Sustainable Development Goals.

Mr. Pham Quoc Thanh, Chief Executive Officer of HDBank stated: “Being one of the pioneer bank in Vietnam in green credit, HDBank is strongly committed to boost economic and social development while minimizing environmental effects.  We are confident that the facility will move HDBank a step closer towards international standards on the green credit. We are pleased to have further collaboration with Proparco as well as other development institutions to promote the sustainable development of Vietnam.”

Based on their common views on sustainable development, creating long-term values for the economy and community and society, the two sides promised to have more strategic cooperation in future.

Since 2018 HDBank has been financing green projects to support high-tech agriculture and renewable energy.

As of August 31 this year its outstanding loans to green projects were worth nearly VND13.5 trillion (US$593.2 million).

Through its green credit programme, HDBank not only provides customers with the best financial solutions but also targets sustainable values, promotes renewable energy, ensures the national energy security, supports hi-tech agriculture, and contributes to environmental protection.

HDBank was the first member of the Asian Development Bank (ADB) to receive the Green Deal Award, a recognition for its notable achievements in green finance while participating in the ADB Trade Finance Programme.

HDBank was also voted by readers of Vietnam Economic Times as the Best Bank for Green Credit Financing in 2019.

#HDBank

Laos to Vaccinate Final Year Secondary School Students

Laos to Vaccinate Final Year Secondary School Students
School students in Laos (Photo: Xinhua)

The Lao Ministry of Health has officially approved vaccinations for people aged 17 years and above under certain conditions.

Preface, the Hong Kong-based EdTech Company, Sees 500% YoY Surge in Revenue, Overcoming Impact of Pandemic

Series A Funding Completed to Fuel Growth in Coding Education Cultivate Future Global Talents, Build Coding as Universal Language

TOKYO, JAPAN and LONDON, UK – Media OutReach – 17 September 2021 – Preface, the Hong Kong-based EdTech company, has announced the completion of its Series A funding from prominent investor Sunlink Holdings (H.K.) Limited. The company will use the latest round of funding to further develop its business in major cities including Hong Kong, Tokyo and London, with a determination to popularise coding knowledge and make it a universal language. Preface aims to equip the new generation with this key language for a better future.

Tommie Lo (front row, second left), Founder and CEO of Preface, and the Management Team

    

The global EdTech industry continues on a sharp growth path and is now worth more than US$100 billion. Despite the impact of the ongoing pandemic, Preface has seen a continued improvement in its performance, with year-on-year revenue growth of 500% over the past 12 months.

 

Tommie Lo, Founder and CEO of Preface, said: “Coding will become the universal language of the future. Trusted by Massachusetts Institute of Technology (MIT) and UNESCO in the provision of programming education, Preface offers award-winning programming curricula to global academia and leading multinational corporations. Through the high-mobility classroom model we are initiating, our goal is to equip future talents with this key language.”

 

“We are very excited to support Preface in its Series A round of funding. In the digital transformation era, education has become one of the fastest-changing landscapes and we see enormous potential for the business. We trust that a forward-looking company like Preface can revolutionise the education industry through their innovative approach,” said Angus Chan, COO and CFO of Sunlink Holdings (H.K.) Limited.

 

With the digitisation of society, cultivating global coding talents has become the responsibility of education

As the first Asian teaching platform to win an award at “EdTechXEurope”, the world’s largest education summits, Preface Coding by Preface is committed to nurturing talents and cooperating with universities around the world, such as MIT and the University of California, Los Angeles (UCLA) in the United States. Preface has also designed official coding courses for top-ranked universities and co-organised seminars and workshops with multinational technology companies and non-profit organisations. Preface has now trained more than 10,000 students around the world.

 

Decentralised Classroom – solving issues raised by traditional education model and fuelling innovation technology

Preface’s innovative teaching concept, the “Decentralised Classroom” delivery model, emphasises that education should not be restricted by time and place. Students from Preface are able to choose how and where to attend their coding courses as they prefer, receiving teaching materials according to realtime analysis and being matched with teachers through AI technology.

 

About Preface

Founded with a vision that personalised education is for all, EdTech company Preface is committed to liberate knowledge and promote coding as the future’s universal language. As an award-winning coding education company, Preface reshapes both the teaching and learning experience by providing personalised classes. Our businesses are across Hong Kong, Tokyo and London, with a focus on the coding education platform Preface Coding and F&B and lifestyle concept space Preface Coffee & Wine. Stay up to date at www.preface.ai

#Preface