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Gunung Raja Paksi’s Kimin Tanoto Collaborates With Institut Pertanian Bogor To Strengthen ESG Efforts

One of Southeast Asia’s largest steel companies aims to give back to local community by supporting academic research and action on the green economy

JAKARTA, INDONESIA – Media OutReach – 15 October 2021 Gunung Raja Paksi (GRP), one of Southeast Asia’s largest privately-owned vertically integrated steel companies, today announces its collaboration with the Institut Pertanian Bogor (IPB University) in an effort to strengthen the education institution’s environmental, social, and governance (ESG) efforts. GRP has been at the forefront of policies on eco-sustainability and climate change following its decision to set up a Transparent, Accountable, and Professional (TAP) management framework earlier this year. As a sign of its continued commitment to ESG, GRP has now signed a Memorandum of Understanding (MoU) with IPB University’s Sharingyuk social mobilisation community.

 

The collaboration aims to support research into environmental preservation by tapping the university’s pool of academic expertise. GRP will work closely with IPB University in a bid to strengthen the public-private ecosystem in Indonesia and foster a national green economy agenda. Mr Kimin Tanoto, Commissioner of Gunung Raja Paksi and a firm advocate for the Green Economy, currently leads the ESG Task Force for the Indonesian Iron and Steel Industry Association, and has plans to invest in new technologies that reduce the carbon footprint of the manufacturing sector.

 

Kimin Tanoto, Commissioner of Gunung Raja Paksi, said: “I’m delighted to partner with IPB University on this important ESG initiative. Our joint focus is on educating, inspiring, and empowering businesses in Indonesia to rise to the challenge of transforming the economy for a greener and more socially-responsible tomorrow. My hope is that the actions taken by GRP and IPB University today will serve as an example to other public-private partnerships businesses across the country, and encourage more positive action to be taken on not only climate change but a range of ESG issues that must now become business priorities.”

 

Dr Asep Taryana S.TP., MM of Institut Pertanian Bogor, said: “Companies that place a focus on the environment and focus on sustainability such as GRP play an important role in contributing to the positive social impact on its employees, communities and the environment. This collaboration with IPB is very strategic as it is in line with the advancement of ESG goals.

About Gunung Raja Paksi

With a global base across 40+ countries, Gunung Raja Paksi (GRP) is now one of Southeast Asia’s largest privately-owned vertically integrated steel companies. It was successfully listed on the Jakarta Stock Exchange in 2019. For more information, please visit: https://www.gunungrajapaksi.com

#GunungRajaPaksi

About Kimin Tanoto

Kimin is the Founder and CEO of Gunung Capital. Based in Singapore, Gunung Capital is a private investment management company focused on impact investments guided by environmental, social, and governance frameworks. Kimin is committed to putting his business acumen and entrepreneurship skills to invest in transformative projects that contribute to the United Nations Sustainable Development Goals. This includes investing in projects that support the decarbonization of different industries, sustainability-linked projects, and carbon credit markets. Kimin is a serial entrepreneur and business leader who has founded multiple businesses. Kimin has leveraged his global and regional business connections, visionary business acumen and deep operational expertise to establish partnerships with world-class companies in the steel and cement industry, top-tier financial institutions and capital markets, to seize on opportunities in Asia and the world. Kimin serves on the Board of Commissioners for PT Gunung Raja Paksi Tbk which successfully listed on the Jakarta Stock Exchange in 2019. Under Kimin’s leadership, he has initiated a transformation of the company by bringing in a world-class management and operations team. In recognition of his contributions to the local steel industry, Kimin was appointed as the Vice Chairman of the Indonesian Iron and Steel Association. Kimin completed his Bachelor of Industrial Management from Cornell University. He is fluent in English, Mandarin Chinese, Hokkien and Bahasa Indonesia. For more information, please visit: https://kimintanoto.com and http://www.greeneconomyforum.com.

Laos Covid Taskforce Extends Restrictions For Another 15 Days

That Luang Laos

The Government of Laos has extended Covid-19 restriction measures for another 15 days until 30 October.

Acclaimed Cyberport Venture Capital Forum Returns to Explore Latest Trends in Venture Capital

Engaging over 100 speakers on- and offline and facilitating deal flow between investors and start-ups

HONG KONG SAR – Media OutReach – 15 October 2021 – The Cyberport Venture Capital Forum (CVCF), Cyberport‘s premier annual venture forum, returns on 2-3 November. With the theme of “Venturing for Success: Resilience, Growth & Opportunity”, CVCF 2021 will bring together industry leaders, top-notch investors, enterprises and technopreneurs. Amidst promising market dynamics and rapid emergence of unicorns in the post-Covid era, these experts will discuss and share insights on trends in the global I&T sector and venture capital, investor strategies, emerging venture capitals, opportunities and prospects in the Greater Bay Area, and more. This year’s event will present a brand-new hybrid format with a unified experience of online and offline engagement, allowing start-ups to interact with potential investors in the physical forum while showcasing their innovative tech solutions using the virtual platform. This multi-channel set-up enhances global exposure, facilitates deal flow and provides extensive opportunities for start-ups to explore fundraising opportunities.

 

As the digital technology flagship of Hong Kong, Cyberport is dedicated to facilitating deal flow for start-ups and enriching the regional venture capital landscape.  The main forum of CVCF gathers more than 70 international and local experts from major industry players, including Alibaba Group, HKEX, Founders Space, Verizon Ventures, Two Sigma, Lever VC, Gobi Partners China, and IESE Business School, who will conduct in-depth discussions and sharings on popular areas in the tech venture landscape, covering topics such as disruptive tech (NFT, robotics, foodtech, etc), FinTech/cross-border financing, 5G technology and the family offices.  Also prominent will be emerging investment themes including the new space economy, special purpose acquisition companies (SPACs), and the topic of environmental, social, and governance (ESG). 

 

CVCF 2021: A brand-new hybrid format, complementing advantages of the physical event and virtual experience

 

CVCF 2021 will present to audiences a hybrid experience of online and offline engagement for the first time without the hindrance of geographical restrictions. This excellent platform allows more global venture experts and entrepreneurial leaders to be included to offer insights into the latest fundraising strategies, market dynamics, value creation as well as on the tech and venture ecosystem. In addition to broadcasting forum and workshop content to a global audience 24/7, the virtual platform features an Innovator Showcase for promising start-up exhibitors and an exclusive Investor Matching platform which allows more than 100 Cyberport technology and innovation companies to link up with investors.

For the first time the forum will also invite the Asia Technology Entrepreneurship Conference (ATEC), which is composed of Ivy League university alumni clubs, for discussion sessions. This will attract international investors to learn more about Hong Kong start-ups.

Peter Yan, CEO of Cyberport, says, “The COVID-19 pandemic has lasted more than a year, yet the strong resilience of the I&T sector has led to major fundraising deals, driving the venture capital market to record levels. Three unicorns were born in Hong Kong within the span of two months this year, including Animoca Brands from Cyberport, reflecting investors’ confidence in Hong Kong’s start-ups. At the same time, the National 14th Five-Year Plan has clearly raised the support for Hong Kong to develop into an international innovation and technology centre. Coupled with the vigorous development of the Greater Bay Area, we believe that Hong Kong’s venture capital atmosphere will become increasingly encouraging. More high-quality start-ups will attract more funding to help Hong Kong develop into an innovation and technology hub. Cyberport will continue to forge ahead through CVCF and the Cyberport Investor Network (CIN), to actively promote the venture capital ecosystem, and facilitate the integration of industries into the promising overall development of our country.” 

Highly anticipated global event for insights into the trend of industrial venture capital

 

Spotlight events of the CVCF 2021 will provide in-depth analysis of the development and opportunities of particular industries, the highlight being the first “Cyberport FinTech InnoCon 2021” hosted by Cyberport. The conference will feature over 30 heavyweight speakers from professional bodies, renowned financial institutions, regulators, and the most promising start-ups, to exchange insights on trends and opportunities in all areas of financial service after the FinTech PoC Subsidy Scheme.

Topics to be examined include opportunities in the Greater Bay Area, value creation through ESG, RegTech for Asian markets, untapped opportunities in InsurTech etc.

The Edventures Global Business Acceleration Summit (Edventures GBA Summit) last year was universally well-received. Cyberport is pleased to co-create this Summit together with Esperanza again this year.  It will be held alongside internationally renowned venture capital event Silicon Dragon. “Under the theme of Think Big with EdTech, the Summit will discuss how technology could transition from enabling remote learning during the pandemic to driving innovations for 21st century learning,” said John C Tsang, Founder of Esperanza.

 

Experts will also share recent developments in EdTech hotbeds.   Bill Ning, founding partner of Blue Elephant Capital, will address the implications of the recent regulatory changes in the education market in Mainland China. James Tieng and Vinit Sukhija, specialist EdTech VCs from Lumos Capital and Learn Capital in the US, will share how private and philanthropic capital is increasingly deployed in the US and Europe to fund EdTech ventures. Summit audiences will also learn how Israel and Finland build a vibrant education innovation ecosystem, from Avi Warshavsky, CEO of MindCET, Olli Vallo, CEO of Education Alliance Finland and Mia-Stiina Heikkala, project leader of NewCo Helsinki. The Summit attendees will receive a Global EdTech Markets Report jointly published by Esperanza, Blue Elephant Capital and SuperCharger Ventures.

 

Twelve finalists of the Edventures GBA Fellowship 2021 from Israel, Sweden, the United Kingdom, the United States, Canada, India, and Hong Kong, will also share their EdTech solutions. They are looking for pilot opportunities and partners to support their expansion into Asia. 

 

CVCF is a highly acclaimed flagship tech venture event for investors and entrepreneurs in the digital technology domain. It was held in an virtual interactive format for the first time in 2020, attracting more than 1,700 participants, with a total of more than 110,000 views.  A total of 270 investors participated and more than 300 deal flows resulted. The event successfully connected start-ups with investors and provided extensive opportunities for unfolding venture investments.

In order to further enrich the forum’s industry and market insights, a series of webinars will be held on CVCF’s online platform, starting next week. Industry leaders will share their insights and fresh perspectives on smart investment and digital transformation and help enterprises pivot in the new normal. For detailed information on related seminars and a complete lineup of speakers of the Cyberport Venture Capital Forum 2021, please visit the website: http://cvcf.cyberport.hk/

For high resolution photos, please download HERE via this link

Photo 1: Cyberport Venture Capital Forum (CVCF) will be held on 2-3 November, presenting for the first time a brand-new hybrid format of online and offline engagement for the discussion and sharing of global venture capital and financing trends, opportunities in the Greater Bay Area, and so forth. It also connects start-ups with investors for power pitching and provides extensive opportunities to explore tech venturing dynamics and to unfold venture investments.

From left: Peter Yan, CEO of Cyberport; Alvin Kwock, Founder & CEO of OneDegree; Cindy Chow, Cyberport Investors Network Steering Group Chairperson; Aaron Lee, Founder of Dash Living; Eric Chan, Chief Public Mission Officer of Cyberport.

Photo 2: Peter Yan, CEO of Cyberport, says, “I look forward to more global start-ups and investors participating and gaining inspiration and business opportunities from CVCF 2021.”

Photo 3: Eric Chan, Chief Public Mission Officer of Cyberport, says, “Spotlight events of CVCF 2021 will further enrich insights into the development and opportunities of individual industries, including the first “Cyberport FinTech InnoCon 2021”.

 

Appendix I

Cyberport Venture Capital Forum 2021

Date

2-3 Nov 2021

Time

9 a.m. to 6 p.m.

Website

https://cvcf.cyberport.hk/

Event Focus

●      Webinar series “Venture in Focus”

●      Keynotes and panel discussions

●      Innovator Showcase

●      Investor Matching

●      Founder Stage

●      Start-up Workshop

●      Start-up Clinic

Spotlight Events

●      Cyberport FinTech InnoCon 2021 (full day on 1 November)

●      Cyberport Investors Network (CIN) Anniversary Celebration (2 November, a.m.)

●      Cyberport Entrepreneurship Programme Graduation Ceremony 2021 (2 November, p.m.)

●      Silicon Drogan 2021 (3 November, a.m.)

●      Edventures GBA Summit 2021 (full day on 3 November)

Key Issues

●      Global tech venture trends

●      Unicorn leaders panel

●      The future of tech start-ups in the GBA

●      Special purpose acquisition company (SPAC)

●      Environmental, social, and governance (ESG)

Appendix II

2021 Cyberport Venture Capital Forum Programme

2 November (Tuesday) CVCF MAIN FORUM

Time 

Agenda

0900-0910 

Welcome Remarks

0910-0915 

Opening Remarks

0915-0925 

Cyberport Investors Network (CIN) Anniversary Celebration

Macro Trends & Global Stage

0925-0945 

An Overview: Global Tech Venture Trends 

0945-1000 

Keynote Speech

1000-1025 

Keynote – The Next Wave of Tech Disruption Shaping the Future of Venture Investment

1025-1100 

Leaders Panel: Cyberport Hero’s Journey – From Start-up to Unicorn

1100-1115 

Break

1115-1150 

Global VC Chatroom – A Tipping Point for Global VC Investing to New Frontiers (Powered by Silicon Dragon)

1150-1220 

Panel Discussion: Wealth Management Connect Spurring New Fintech Growth

1220-1240 

Fireside Chat: NFT – Exploring the New Boundaries

1240-1400 

Lunch Break / 5G Lighting Talk

 

Venture Track-Investor Strategies & New Venture Voyages

Inno Track- Sectors Spotlight & New Growth Engine

1400 – 1420 Thematic Session: ESG & Impact Investment

1400 – 1435 Panel Discussion: Rising Tech Sectors

1420 – 1440 Fireside Chat: Applying Data Science and Advanced Technologies to Investments and Impact Investing in Asia

1440 – 1510 Panel Discussion: ESG & Impact Investment

1435 – 1510 ATEC Panel: The Future of Tech Start-ups in the GBA (Powered by ATEC)

1510 – 1540 Panel Discussion: SPAC – A New Gateway for Fundraising in HK? (Powered by HKVCA)

1510 – 1540 The NewSpace Economy: Hitting the Sweet Spot in 2022 (Powered by OASA)

1545 – 1600 Break

1545 – 1600 Break

1600 – 1640 Panel Discussion: Family Office under the Investment Spotlight

1600 – 1700 Investor-Investee Dialogues & Successful Case Sharing

1700 – 1800 Cyberport Entrepreneurship Programme Graduation Ceremony 2021 (Powered by Cyberport Startup Alumni Assoication) 

3 November (Wednesday)

Time

Agenda

0830-0945 

 

Silicon Dragon 

 

0930-1815 

Edventures Global Summit 

 

CVCF Start-up Workshop

1100-1200 

Startup Survival Guide – How to Navigate Chaotic Times

1400-1500 

Strategies for Employee Retention – Health Insurance Coverage Matters

1500-1600 

How to Get the Best Out of Your Angels and Mentors (by OASA) 

1600-1700 

IP Strategies for Start-ups in the Digital Era

 

About Cyberport

Cyberport is an innovative digital community with over 800 on-site start-ups and technology companies. It is management by Hong Kong Cyberport Management Company Limited, which is wholly owned by the Hong Kong SAR Government. With a vision to be the hub for digital technology thereby creating a new economic driver for Hong Kong, Cyberport is committed to nurturing a vibrant tech ecosystem by cultivating talent, promoting entrepreneurship among youth, supporting start-ups on their growth journey, fostering industry development by promoting strategic collaboration with local and international partners, and integrating new and traditional economies by accelerating digital transformation in the public and private sectors.

For more information, please visit www.cyberport.hk

#Cyberport

MSIG investing in employees’ wellbeing

MSIG Asia with CEO Alan Wilson invited employees across Asia to gain insights into building resilience & mental readiness with Guinness World Record holder Chris Bertish


Recognising the need to invest in caring for employees’ mental wellbeing, MSIG has been ramping up online activities to engage its employees since the pandemic outbreak

SINGAPORE – Media OutReach – 15 October 2021 – As part of its continuous internal engagement efforts for the wellbeing of its employees, MSIG Asia invited its 4,700 employees across the region to take time off yesterday while a vast majority are still working from home, to hear from international motivational speaker and best-selling author, Chris Bertish, at its regional townhall aptly themed “Readiness, Resilience, Responsibility”.

 

Speaking virtually through Teams Live Event, Bertish shared his personal stories on resilience, and the importance of being mentally ready in the face of challenges, even life-threatening moments. He urged MSIG employees at the end of his presentation: “If we build the readiness, we build the resilience, and we build it into a purpose greater than ourselves to be able to give back to help others and look after ourselves, our clients and nature, we can overcome obstacles, any challenge any change and we can literally achieve anything, even the seemingly impossible.”

In a fireside chat with CEO Alan Wilson, they talked about the importance of trust which is fundamental to MSIG because as a general insurer being in the business of mitigating risk, at the heart of what the MSIG sells is a promise that when something adverse happens then the company will help them out.

 

Taking one of the most voted question from the floor about how Bertish got through 93 days in his expedition across the Atlantic Ocean without a phone and connection to the outside world, Bertish responded by admitting he did not have any down time to feel lonely when he was occupied with challenges such as navigation, leaks, paddling for over 15 hours a day, the weather, and even sharks.

 

The townhall received tremendously positive feedback from employees and directors from all across the region.

 

“Chris’ advice on building trust, resilience and mitigating risk is particularly applicable to our industry. Getting everyone to share a common purpose is a good advice for MSIG Asia as we embark on ambitious goals for the decade!” — Ajit Nair, Board Director, MS First Capital

 

“Excellent session, and I found it very inspirational!” — Dato’ Mohd Sallehuddin Din Othman, Chairman, MSIG Malaysia

 

“Chris’ sharing on resilience and the power of teamwork is incredibly pertinent during these times.” — Amanda Lim, Human Resource Manager, MSIG Asia

 

“It is so true that we have to take care of ourselves first and foremost in the face of challenges. When we take care of ourselves, we can then be able to give back to the people around us. This is the crux of mental wellbeing and I couldn’t agree with Chris more!” — Eric Peter, Head of Internal Audit, MSIG Asia

 

“I’m glad to have attended this inspiring session!” — Anindeta Dewi, Senior Manager, Claims, MSIG Asia

 

Since the pandemic outbreak began in 2020, MSIG Asia, recognising the need to invest in the caring for the wellbeing of its employees, has been ramping up engagement activities through virtual platforms. Besides yesterday’s inspirational talk by Bertish and a recent educational webinar on biodiversity, which is a sustainability focus for MSIG, there were also online quizzes and virtual activities such as craft workshops with employees’ family, workout sessions, health talks, and festive activities such as for Christmas, the Mid-Autumn Festival, Singapore’s National Day and more.

More about Chris Bertish

Bertish is a Guinness World Record holder for being the first person to cross the Atlantic Ocean on a stand-up paddle board. He was named one of the “Top-100 Genius Icons” by Global Genius 100, and “Leaders of Innovation and Creativity” by the Einstein Institute in 2018. He enjoys traveling the world to inspire others with his stories of courage, determination and resilience in overcoming insurmountable odds to achieve seemingly impossible goals and dreams, while raising awareness for challenging ocean conservation and climate change issues globally. 

About MSIG Asia Pte Ltd (“MSIG Asia”)

MSIG, a member of the MS&AD Insurance Group, is Asia’s leading general insurance brand with presence in 46 countries globally. The Group is amongst the world’s top 10 non-life insurance groups based on gross revenue. It is the number one Japanese insurer with A+ Stable credit rating. With over 40,000 employees world-wide, MSIG is represented in all ASEAN markets as well as in Australia, New Zealand, Hong Kong, China, Korea, India and Taiwan. Located in Singapore, MSIG Asia is a wholly owned subsidiary of Mitsui Sumitomo Insurance Company, Limited.

msig-asia.com


#MSIGAsia

Results of the ixCrypto Index Quarterly Review (2021 Q3)

HONG KONG SAR – Media OutReach – 15 October 2021 – Today, IX Asia Indexes Company Limited announced the 3rd quarter review of the ixCrypto Index (“IXCI”). This is the first crypto benchmark index launched in Hong Kong. 

 

According to the Constituents Enhancement Rule, there are two constituents’ additions and deletions. The number of the constituent cryptos will stay at 11 after the changes. The changes are as follows:

 

Deletions:      Stella, VeChain

Additions:      Terra, Polygon

 

The free float adjusted market capitalization coverage is 74.88%, while the 90-day-average volume coverage is 74.9%. The constituents change and recapping at 40% will be effective on October 22, 2021 (Friday).

 

Since the last review, there has been an increase in the crypto total market capitalisation from USD1.42tn to USD1.92tn (+35.2%), and a fall in the daily volume from USD93bn to USD89bn (-4.3%). Bitcoin remains as the largest crypto in the constituent list, with its price has gone up by 16% since the last review.

 

More details about the ixCrypto Index, including its constituents and constituents’ weight, are provided in the Appendices, or refer to the website https://ix-index.com/  


Appendix 1

ixCrypto Index (“IXCI”)

 

Universe

All crypto coins traded in at least two different exchanges around the world

Selection Criteria

Cryptocurrencies ranking in the top 80% of cumulative full market capitalization (“MC”) coverage and in the top 25 of 90-days-average-trading-volume.

Number of Constituents

Variable/11 currently

Launch Date

12th December 2018

Base Date

3rd December 2018

Base Value

1,000

Reconstitution Rule

If the coverage is below 75% or any of constituents is not in top 25 of trading volume, IXCI will be reconstituted to bring MC coverage back and do liquidity screening.

Reconstitution and Rebalancing Frequency

Quarterly and with a fast entry rule

Weighting Methodology

Free float adjusted market capitalization weighted with a cap of 40%, or a 40%/ 30%/ 20% step cap under extreme conditions

Currency

US Dollar

Dissemination

Daily, 12:00 noon (HKT)

Hourly, every :00 from 9 a.m. to 9 p.m. (HKT)

Every 15 seconds, from 9 a.m. to 9 p.m. (HKT)

Website

https://ix-index.com/


 Appendix 2

 

Weightings of the Constituents of ixCrypto Index

 

Crypto

90-day-average-volume *

90-day-average- Market Cap

Cum. Market Cap Coverage

Weighting (%) After 40% Cap

1

Bitcoin

$31,854,851,172 (1)

$790,371,941,335

44.03%

40.00%

2

Ethereum

$21,133,414,797 (2)

$333,775,319,369

62.63%

34.83%

3

Cardano

$3,930,060,644 (4)

$62,268,886,457

66.09%

6.86%

4

XRP

$4,097,800,496 (3)

$42,523,237,958

68.46%

4.50%

5

Dogecoin

$2,311,822,611 (8)

$31,545,081,358

70.22%

2.71%

6

Solana

$2,477,780,023 (7)

$23,124,239,164

71.51%

4.18%

7

Polkadot

$1,888,859,468 (11)

$22,658,797,791

72.77%

2.79%

8

Bitcoin Cash

$2,874,722,940 (5)

$10,759,542,155

73.37%

0.95%

9

Litecoin

$2,279,174,454 (9)

$10,549,551,070

73.96%

1.00%

10

Terra

$918,332,175 (15)

$8,682,027,697

74.44%

1.42%

11

Polygon

$964,761,322 (14)

$7,853,788,996

74.88%

0.76%

 

    Data as of 30 September 2021 (HKT)

* 90-day-average-volume ranking in total market is shown in the parentheses

* For the calculation methodology of the index, please refer to the “ixCrypto Index Methodology Paper” on our website


 

Appendix 3

 

ixCrypto Indexes Series Dissemination

 

IXCI, IXBI, and IXEI will be disseminated via the ixCrypto Index official webpage and the Nasdaq Global Index Data Service (GIDS) at a 15-second interval from 9 A.M to 9 P.M. on every Hong Kong trading days. The tickers are shown below:

Index Name

Nasdaq GIDS Ticker

ixCrypto Index

IXCI

ixBitcoin Index

IXBI

ixEthereum Index

IXEI

 

For vendors in Hong Kong or Mainland China, please contact IX Asia Indexes Data Services by emailing enquiry@ix-index.com to get the index for dissemination in the Greater China Region.

About IX Fintech Group and IX Asia Indexes

IX Asia Indexes Company Limited is a wholly-owned subsidiary of the IX Fintech Group. Aiming to become one of the leading index compilers in Asia, its services in the areas of both real and digital assets cover index consultancy, index design, index calculation and dissemination, and index education. As a key participant of Cyberport Hong Kong, and supporter of the University of Hong Kong (“HKU”) Internship and Career Mentorship Program, IX Asia Indexes launched the first Hong Kong cryptocurrency index – ixCrypto Index together with its mentees from HKU in 2018 with growing subscription. The index platform was awarded the ETNet Fintech Award – Outstanding Crypto Index Platform (Wealth Investment & Management) 2019. ixCrypto Index is created by IX Asia Indexes and licensed to ixFintech and Nasdaq GIDS for its dissemination.

Website: https://ix-index.com/

About ixCrypto Index


The ixCrypto index (“IXCI”) is the first crypto index launched in Hong Kong. It was launched on 12 December 2018. It is denominated in USD with a base value of 1000 and a base date on 3 December 2018. On 1 June 2020, the hourly index was launched. Designed to be easy to understand while providing a good representation of the crypto market, ixCrypto index aims to cover the top 80% of the cumulative free-float adjusted market capitalization in the crypto universe and, at the same time, the crypto currencies should fall within the top 25, ranking by trading volume in the 90 days preceding the review date. The index is to be reviewed quarterly and with a fast entry rule. The daily index level is updated daily on Hong Kong trading day at the ixFintech webpage at 12:00 noon, Hong Kong time. The hourly index is available from 9am-9pm and updated at every :00 of the hour. The hourly index is available from 9 am-9 pm and updated at every :00 of the hour. The real time index is available from 9 am-9 pm and updated at every 15-second interval. Real time index data together with ixBitcoin Index and ixEthereum Index can be obtained from IX Asia Indexes Data Services or Nasdaq GIDS.

About IX Asia Indexes Advisory Committee


To ensure the professionality and impartiality of the index methodologies and operations, ixAsia has established its index advisory committee with representation from different industries, including fund management, exchanges, brokerage, financial blockchain experts, crypto service providers, etc. The committee will meet twice a year to discuss matters relating to the ixAsia Indexes, including to review and to comment the data sources, methodologies, and operations of ixAsia Indexes, to provide guidance to the future development of new ixAsia Indexes and to handle other issues and decisions on an as-needed basis.


Webpage: https://ix-index.com/committee.html

#IXAsiaIndexes

China Will Donate Millions More Doses of Sinopharm Covid-19 Vaccines to Laos

Laos receives a further 500,000 doses of Sinopharm vaccine from China

China is to provide Laos with millions more doses of its Sinopharm Covid-19 vaccine this year to help Laos reach its vaccination target.

Laos Confirms 573 New Cases of Covid-19

Covid-19 update Khammouane

Laos has recorded 573 new cases of Covid-19 across the country today, with an outbreak at a prison in Khammouane Province pushing the numbers higher.

Nissan TERRA – Built on More Than 60 Years of Nissan SUV Heritage

Tan Chong Motor (Lao) Co. Ltd. (“TCML”), Sole and Exclusive Distributor of Nissan vehicles in Laos P.D.R. and a wholly-owned subsidiary of Tan Chong Motor Holdings Berhad (Malaysia), will soon launch the new facelift model of the popular Nissan Terra.