MSB, Backbase and SmartOSC announce partnership in signing ceremony

HANOI, VIETNAM – Media OutReach Newswire – 15 November 2024 – Backbase, creator of the Engagement Banking Platform, today announces that Maritime Commercial Joint Stock Bank (MSB), has made a strategic investment in the Backbase Engagement Banking Platform, with local implementation support from Backbase’s partner, SmartOSC, a premium digital enabler. This milestone marks a pivotal step in MSB’s journey toward customer-centric modernization, advancing its digital factory, and delivering seamless experiences that drive financial innovation in Vietnam.

As one of the pioneering banks implementing digital transformation in the market, MSB aims to become a bank with a leading digital platform with the best customer service experience. Building on a robust digitalization strategy, MSB has transformed its offerings to bring streamlined, accessible financial solutions to both individual and corporate customers. MSB is currently serving 5.5 million customers.

By adopting the Backbase Engagement Banking Platform, MSB is unifying its in-house applications onto a best-of-suite anchor platform. This strategic shift enables MSB’s digital factory to deliver a seamless, end-to-end digital banking experience by building on the platform—from onboarding and daily transactions to product holding—enhancing customer engagement, simplifying product bundling, accelerating unique feature development, and reducing cost-to-serve for MSB’s 5.4 million retail and 100,000 enterprise customers. MSB’s goal is for the platform to enable an omnichannel, frictionless banking journey that elevates the modern customer experience.

“At MSB, we are advancing our digital factory by combining the strengths of Backbase’s Engagement Banking Platform with our in-house developments, gaining refreshing flexibility to seamlessly integrate and elevate our existing capabilities,” said Mr Nguyen Hoang Linh, CEO of MSB. “Through this platform, we will unify, modernize, and launch our retail and business banking channels on a single platform within the next 12 months, achieving the speed, agility, and control needed to scale differentiated customer experiences. This investment aims to lower our cost-income ratio by 8%, reduce cost-to-serve by 30% through frictionless onboarding-to-usage journeys, and increase our CSAT scores to 93 for retail and 85 for enterprise banking.”

With the platform as its foundation, MSB can unify and streamline customer journeys, significantly reducing time-to-market and delivering seamless, high-impact banking experiences that set new benchmarks in Vietnam’s financial landscape. Its flexible architecture empowers MSB to develop a unique technology ecosystem, integrating seamlessly with other platforms to drive even greater synergy and innovation. MSB estimates a 30% increase in active digital customers and a 20% – 40% increase per year in digital acquisition by delivering end-to-end digitalized experiences after launching the platform.

“Rather than uproot and restart, the ‘adopt and build’ approach enables MSB to reinvent their existing channels and apps, upskill their digital factory, and empower in-house talent to unlock new efficiencies and innovation,” said Mr Riddhi Dutta, Regional Vice President, Asia of Backbase. “Backbase provides a strategic architecture that complements and amplifies MSB’s current efforts, fostering growth without disrupting the valuable work already in place. This approach ensures business continuity while advancing their digital transformation on their own terms, driving progress in a way that aligns with their established processes.”

SmartOSC will play a key role in localizing the Backbase platform to meet MSB’s specific needs, ensuring seamless alignment with local expectations and regulatory requirements. With their experienced resource and deep knowledge of Vietnam’s financial sector, SmartOSC is well-positioned to help MSB achieve its goal of launching both retail and business banking channels within a year. This partnership highlights the importance of local expertise in the digital transformation process, ensuring a smooth and timely deployment that maximizes the benefits of the platform.

“We’re thrilled to be the implementation partner for this project. Our goal is to make this collaboration between MSB, Backbase, and SmartOSC a leading example of technology that empowers human ingenuity,” said Mr. Chi Hieu Nguyen, Co-Founder & Chairman of SmartOSC. “Today’s customers expect seamless, omnichannel experiences, not just multichannel interactions. Banks must bridge this gap and constantly innovate in the digital realm to drive growth and engagement. Using Backbase’s Engagement Banking Platform, we’re confident in delivering this project on time and supporting MSB’s mission to become ‘a bank everyone wants to join and no one wants to leave’ by leveraging technology to meet clients wherever they are and serve them precisely how they prefer.”

With this investment, MSB aims to enhance key performance indicators aligned with its five-year strategic plan including increasing omnichannel acquisition by 10-20% through end-to-end digital journeys, growing digitally active customers to 20% for retail and 23% for enterprise banking, and ensuring 60% of retail and 40% of enterprise banking customers are acquired digitally. The adoption of the Engagement Banking Platform is designed to help MSB reach these milestones and solidify its goal of becoming the most customer-connected and profitable bank in Vietnam.
Hashtag: #Backbase #digitalbanking #engagementbanking #retailbanking #businessbanking #enterprisebanking #omnichannelbanking #smebanking

https://www.backbase.com
https://www.linkedin.com/company/backbase/

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

Backbase

Backbase is on a mission to re-architect banking around the customer.

Backbase created the Backbase Engagement Banking Platform – a unified platform with the customer at the center, empowering banks to accelerate their digital transformation. From customer onboarding to servicing, loyalty, and loan origination, our single platform — open and frictionless, with ready-to-go apps — improves every aspect of the customer experience. Built from the ground up with the customer at the heart, our Engagement Banking Platform easily plugs into existing core banking systems and comes pre-integrated with the latest fintechs so financial institutions can innovate at scale.

Industry analysts Gartner, Omdia, and IDC continuously recognize Backbase’s category leadership position. Over 120 financial institutions around the world have embraced the Backbase Engagement Banking Platform. In APAC, the customers we serve include ABBANK, BDO Unibank, Bank of the Philippine Islands, China Bank, EastWest Bank, HDFC Bank, JudoBank, OCB, Techcombank, and TPBank.

Backbase is a privately funded fintech company, founded in 2003 in Amsterdam (Global HQ), with regional offices in Singapore (APAC HQ), Atlanta (Americas HQ), and operations in Australia, India, Indonesia, Malaysia, Philippines, Thailand, Vietnam, Latin America, and the UK.

MSB

Founded as Vietnam’s first joint-stock commercial bank, MSB aims to become a pioneer in digital transformation and customer service innovation. The bank’s focus on advanced technology, customer-centric solutions, and risk management strengthens its role in Vietnam’s financial development and aligns with its commitment to sustainable growth. MSB’s digital initiatives have enabled them to expand their customer base significantly, drive transaction growth on e-banking channels, and build a robust digital ecosystem.

SmartOSC

BANGKOK, THAILAND – Media OutReach Newswire – 15 November 2024 – ICONSIAM, the global landmark along the Chao Phraya River, a joint venture between Siam Piwat, Charoen Pokphand Group (CP), and Magnolia Quality Development (MQDC) reaffirms its position as a global destination that showcases the best of Thailand to the world. By presenting the spectacular “Amazing Thailand Countdown 2025,” ICONSIAM aims to elevate Thailand’s global standing and position the country as a Global Countdown Destination that has captured the hearts of people worldwide. This countdown phenomenon promises Thailand’s and the world’s most impressive celebration, featuring the longest fireworks display along the Chao Phraya River, the first-ever solo performance from “Lisa Lalisa Manobal” a global Thai icon who inspires the world and a troop of top-rated local and international artists. With a projected global audience of over 30 million, the “Amazing Thailand Countdown 2025” at ICONSIAM is set to give Thailand’s economy a significant boost. This 3-day, 3-night celebration, scheduled for December 29-31, 2024, is anticipated to position Thailand among the world’s top 5 countdown destinations. The event has already captured the attention of international media and key opinion leaders to broadcast this spectacular event worldwide.

Mrs. Chadatip Chutrakul, CEO of Siam Piwat Group, stated, “ICONSIAM was born from a vision to celebrate the rich heritage and pride of Thailand, showcasing the country’s multi-faceted identity through a blend of traditional elegance and contemporary sophistication. It brings together the best of Thailand and the world in one extraordinary destination. ICONSIAM is truly a global destination that makes Thai people feel proud of being Thai, helps preserve and present THAINESS for the next generation, while also making visitors from around the world fall in love and be impressed with Thailand. Therefore, the ‘Amazing Thailand Countdown 2025’ truly reaffirms ICONSIAM’s commitment to showcasing the best of Thailand to the world, fulfilling our original vision.”

Mr. Supoj Chaiwatsirikul, Managing Director of ICONSIAM Co., Ltd., stated that ICONSIAM, in partnership with public and private sectors, including the Tourism Authority of Thailand, Bangkok Metropolitan Administration, Thai Chamber of Commerce, join forces to host the grand ‘Amazing Thailand Countdown 2025,’ with an aim to win the world for Thailand with an unrivaled countdown experience. The spectacular countdown celebration along the Chao Phraya River, features “Lisa Lalisa Manobal”, a world-renowned rapper, singer, dancer and style icon, who has brought global fame to Thailand and inspired people worldwide, will highlight Thailand’s unique charm and talents, solidifying the nation’s reputation and a lasting impression on the global stage. Key highlights include eco-friendly fireworks stretching over 1,400 meters along the Chao Phraya River and live performances by prominent Thai and international artists, aiming to attract an estimated 30 million audiences both in-person and through live broadcasts from across the nation and worldwide. We are confident that Thailand’s countdown event will be among the top 5 best countdown destinations in the world.”

Ms. Thapanee Kiatphaibool, Governor of the Tourism Authority of Thailand, added “The Ministry of Tourism and Sports, through the Tourism Authority of Thailand (TAT), has been actively collaborating with the Ministry of Culture, Bangkok Metropolitan Administration, and various public and private sector partners to elevate Thailand’s status as a world-class event hub. By transforming traditional Thai festivals into global events and attracting international music and sports events, we aim to extend tourists’ length of stay, increase tourism spending, and boost the economy.

Thailand’s strong tourism industry, fueled by robust private sector partnerships, has been recognized with the prestigious “Destination Of the Year 2025″ Award. The Amazing Thailand Countdown 2025 at ICONSIAM is a testament to this global recognition. This world-class event, a result of strong public-private collaboration, solidifies Thailand’s position as a leading global countdown destination. TAT would like to express our sincere gratitude to ICONSIAM and all partners for their contributions to this remarkable achievement.”

The Ultimate Countdown Phenomenon, Celebrating the Best of Thailand and the World

ICONSIAM welcomes the New Year with the spectacular Amazing Thailand Countdown 2025. Three extraordinary highlights include:

• Global Thai-conic Fireworks Celebration: Witness 1,400 meters of eco-friendly fireworks along the Chao Phraya, blending innovative techniques led by an award-winning Japanese fireworks director and Thailand’s top creative talents, under the theme ‘Celebrating the Everlasting Legacy of Siam,’ reflecting Thailand’s vibrant heritage and wisdom.
• Global Thai-conic Captivating Hero: Enjoy the highlight performance from “Lisa Lalisa Manobal”, a world-renowned rapper, singer, dancer and style icon, who has brought global fame to Thailand and inspired people worldwide. She will deliver a performance that will captivate the world in a grand show night on the most magnificent scenery of the Chao Phraya River.
• Global Thai-conic Entertainment Showcase: Experience three days of unparalleled entertainment with 60 top Thai and international artists which include ATLAS, BUS Because of you I Shine, 4EVE, Jeff Satur, Milli, NONT TANONT, PP-Billkin, Peck Palitchoke, PROXIE, ZeeNuNew Kongthap Peak, PIT BABE the Series, and a Chinese icon “Wei Zhe Ming”. This grand stage along the Chao Phraya’s iconic curve will deliver a memorable New Years’ experience.

Be part of the unforgettable ‘Amazing Thailand Countdown 2025 at ICONSIAM,’ a grand spectacle unlike any other, from December 29-31, 2024, at River Park, ICONSIAM, or watch Facebook Live and YouTube Live via ICONSIAM from 6.00 PM onwards.

In addition, ICONSIAM continuously deliver extraordinary experiences to our customers, offering exclusive privileges with the ONESIAM Global Visitor Card. Global visitors heading to ICONSIAM’s Amazing Thailand Countdown 2025 are in for a triple treat of exclusive privileges with the ONESIAM Global Visitor Card. Start by enjoying discounts of up to 30% at top participating brands, 5% at Siam Takashimaya and Dear Tummy supermarket, and more, along with complimentary WiFi and access to Tourist Lounge. The card also unlocks unique perks through partnerships with leading airlines, hotels, and tour operators, plus extra discounts and exclusive offers on dining, attractions, and shopping across the Siam Piwat ecosystem in Thailand and abroad. Finally, ICONSIAM-exclusive rewards await the first 500 cardholders who spend a minimum of 6,000 THB with mementos from ICONCRAFT – a platform of inspiration for innovative crafts by Thai craft heroes and communities.

Public attendees can reach ICONSIAM via car, bus, ferry, and BTS Skytrain (Silom Line to Krung Thon Buri, connecting to the Gold Line at Charoen Nakhon Station for easy access to ICONSIAM). For further inquiries, please visit www.iconsiam.com or follow Facebook: ICONSIAM
Hashtag: #ICONSIAM

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

A grand kick-off ceremony will be held on November 28, showcasing unique photo spots that embody the charm of a European-style Christmas. Guests are invited to enjoy a luxurious experience of fine dining, entertainment, and shopping all in one destination.

MACAU SAR – Media OutReach Newswire – 15 November 2024 – As winter approaches, Galaxy Macau™ Integrated Resort (hereafter “Galaxy Macau”) is set to transform into a European-inspired holiday wonderland for the first time, bringing to life the “Joy Village” to orchestrate its festive celebration “Symphony of Joy”. From November 28, Galaxy Macau will take its guests to embark on a magical holiday journey and embrace full-bloom festivities with their loved ones in pure joy.

Enchanting European-inspired Joy Village

Paying tribute to the traditional European winter villages, the beautifully crafted “Joy Village” will transform the Pearl Lobby into a vibrant Christmas manor, inviting every visitor to immerse themselves in festive magic. This fairytale-inspired village features several interactive photo spots, including the stylish “Crystal House”, the elegantly fragrant “Perfumery”, the playful “House of Fun”, and the charming “Post Office”, where wishes will come true.

The festive atmosphere will extend far beyond this, featuring “Joy Village” in the Pearl Lobby, scattered Christmas installations, and dazzling lights throughout the resort. Unique Christmas trees at places like Banyan Tree Macau, Galaxy Hotel™, Raffles at Galaxy Macau, and Andaz Macau add a magical touch to the celebrations. This enchanting setting is perfect for capturing photos that will surely be the highlight of your social media feed.

Luxury Instant Lucky Draw – Prizes Totaling MOP 8 Million

Guests can register as a Galaxy Ultimate member on the Galaxy Macau WeChat Mini Program, spend MOP1,000 or more at Galaxy Macau, present valid hotel key cards with holders, or show Galaxy Arena or Broadway Theatre tickets to participate in the instant lucky draw in the ” House of Prizes ” at “Joy Village”. Prizes include luxury hotel stays, concert tickets, flights, dining & shopping vouchers and more, totaling MOP 8 million.

Guests can also write a postcard at the “Post Office” in “Joy Village” and drop it into the 1/F postbox for a chance to win a complimentary stay at Andaz Macau with breakfast for two. Sharing festive moments on social media with a holiday wish may lead to winning grand prizes like flights and hotel stays or fulfilling a wish list item with shopping vouchers.

Experience Exceptional Rewards in Travel, Dining, Entertainment and Shopping at Galaxy Macau

Galaxy Promenade, home to a collection of luxury brands, turns shopping into a joyful experience, offering guests an exciting array of delights that make every wish come true in moments of happiness. Starting November 28, guests can enjoy enhanced holiday shopping experiences with generous rebate and participate in daily lucky draws for high-value, no-minimum-spend gift certificates, making the festive season even more rewarding.

With the Symphony of Joy, Galaxy Macau’s festive season officially kicks off on November 28, inviting both locals and global visitors to partake in the Symphony of Joy at Galaxy Macau, unlocking a holiday season filled with endless surprises and joy.

For more details on the exciting events and offers, please visit the Galaxy Macau official website at www.galaxymacau.com, or follow the latest updates on Facebook, Instagram, WeChat, Little Red Book, and Douyin.
Hashtag: #GalaxyMacau

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

About Galaxy Macau Integrated Resort

Galaxy Macau™, The World-class Luxury Integrated Resort delivers the “Most Spectacular Entertainment and Leisure Destination in the World”. Developed at an investment of HK$43 billion, the property covers 1.1 million-square-meter of unique entertainment and leisure attractions that are unlike anything else in Macau. Eight award-winning world-class luxury hotels provide close to 5,000 rooms, suites and villas. They include Banyan Tree Macau, Galaxy Hotel™, Hotel Okura Macau, JW Marriott Hotel Macau, The Ritz-Carlton, Macau, Broadway Hotel, Raffles at Galaxy Macau and Andaz Macau. Unique to Galaxy Macau, the 75,000-square-meter Grand Resort Deck features the world’s longest Skytop Adventure Rapids at 575-meters, the largest Skytop Wave Pool with waves up to 1.5-meters high and 150-meters pristine white sand beach. Two five-star spas from Banyan Tree Spa Macau and The Ritz-Carlton Spa, Macau help guests relax and rejuvenate.

As the dining destination in Asia, Galaxy Macau offers a wide variety of gastronomic delights, exquisite experiences and ingredients of the finest quality with over 120 dining options from Michelin dining to authentic delicacies; Galaxy Promenade is the hottest shopping destination featuring the latest in fashion and curated experiences in Macau. Spanning over 100,000-square-meter, luxury flagship stores, lifestyle boutiques and our selection of labels are among the more than 200 world-renowned brands for a world-class shopping journey; Galaxy Cinemas, immersive thrills and luxurious comfort go hand in hand at Galaxy Cinemas. All 10 theaters are equipped with the latest audio-visual technology; CHINA ROUGE, one-of-a-kind deluxe lounge that evokes the glitz and glamor of Shanghai’s golden era with entertainment in luxury and style; and Foot Hub presents the traditional art of reflexology to make you feel more relaxed and revitalized. For Authentic Macau Flavours & Vibrant Asian Experiences, Broadway Macau – just a 90-second walk via a bridge from Galaxy Macau, has over 35 Authentic Macau & Asian Flavours at its Broadway Food Street. The 2,500-seat Broadway Theatre plays host to world-class entertainers and a diverse array of cultural events. Meeting, incentive and banquet groups are also well looked after with a portfolio of unique venues in Galaxy Macau and a professional service staff.

Galaxy International Convention Center (GICC) is the latest addition to the Group’s ever-expanding integrated resort precinct and will usher in a new era for the MICE industry in Macau. GICC is a world-class event venue featuring 40,000-square-meter of total flexible MICE, and a 16,000-seat Galaxy Arena – the largest indoor arena in Macau.

For more details, please visit www.galaxymacau.com, www.broadwaymacau.com.mo and www.galaxyicc.com.

SHANGHAI, CHINA – Media OutReach Newswire – 15 November 2024 – Frost & Sullivan released the Emerging Asia-Pacific Big Data Market Research Report, 2024, in October 2024. The report provides an in-depth analysis of the big data market across key emerging markets in the emerging Asia-Pacific region, including Hong Kong SAR, the Philippines, Indonesia, Malaysia, Singapore, Thailand, Bangladesh and Sri Lanka. The report highlights the critical role of big data in driving digital transformation, especially in the finance, government, and telecom sectors, where real-time data processing and intelligent data lakes are leading the way. Huawei Cloud, along with AWS, Microsoft Azure, Google Cloud, and Alibaba Cloud, is distinguished for pioneering solutions that empower enterprises to harness big data for advanced analytics and operational efficiency.

Definition and Constitution of the Big Data Market

The report defines the big data market as encompassing the entire ecosystem involved in data collection, storage, computation, analysis, and application. In this ecosystem, businesses are leveraging data platforms that integrate hardware and software technologies to extract actionable insights from vast amounts of data in real-time. As digital economies rise in the Emerging Asia-Pacific region, particularly in sectors such as telecommunications, finance, and internet services, the demand for technologies like data lakes, data warehouses, and intelligent data lakes is growing rapidly. These platforms help enterprises store, process, and analyze large-scale data sets efficiently, thus driving innovation and improving business operations.

Surge in Big Data Demand Amid Regional Digital Transformation

The Emerging Asia-Pacific region is experiencing a rapid shift towards digital economies, creating widespread demand for big data solutions across multiple industries. The report highlights that industries such as finance, government, internet, and telecommunications are leveraging big data technologies to improve operational efficiency, drive innovation, and enhance customer experiences. Banks and financial institutions in countries like Singapore and Malaysia are using big data analytics to enhance fraud detection, optimize risk management, and personalize customer services. Telecom operators in Indonesia are utilizing data insights for network optimization, customer segmentation, and offering tailored services based on usage patterns. Meanwhile, government initiatives in Malaysia and Thailand are focusing on smart city projects where big data is used for urban planning, traffic management, and public safety.

Additionally, large enterprises are increasingly adopting big data to address challenges such as multi-source data integration, real-time analysis, and data security. Fragmented data complicates decision-making, while delays in real-time analysis can hinder production and supply chain efficiency. Moreover, with growing cyber threats, robust data protection is critical to ensuring compliance and safeguarding sensitive information. In the internet sector, big data platforms are enabling companies to provide personalized user experiences by analyzing user behavior in real time. This helps improve user engagement, retention, and overall commercial value. Additionally, big data plays a crucial role in privacy protection and compliance, allowing companies to manage user data securely while adhering to regional data protection regulations, thereby building user trust and enhancing competitiveness.

Real-Time Data Processing and Intelligent Data Lakes Lead the Market

The report highlights that real-time computing combined with intelligent data lakes is driving major technological developments across the Emerging Asia-Pacific region. These solutions enable businesses to process large-scale, real-time data streams, significantly enhancing their ability to respond to dynamic market conditions and optimize operational efficiency.

Industries such as finance, retail, and manufacturing are increasingly adopting real-time data processing to improve decision-making, manage risks, and enhance customer experiences. By integrating real-time computing with intelligent data lakes, companies can dynamically scale data management capabilities and enhance the precision of analytics. This combination offers greater flexibility and cost-efficiency, particularly for complex industries handling large datasets.

Additionally, the fusion of edge computing with intelligent data lakes is expected to further accelerate data processing capabilities by enabling distributed computing architectures. This integration allows businesses to reduce latency, optimize resource management, and improve overall operational intelligence, particularly in sectors such as logistics and IoT-driven smart cities.

Big Data Vendor Evaluation Criteria

The report evaluates big data service providers based on three key criteria: Market Application, Technology Innovation, and Customer Service.

Market Application assesses the business coverage and market share of service providers in the Emerging Asia-Pacific region. Special focus is placed on their adaptability and depth of application in key industries such as finance, government, and telecommunications. Providers leading in market share rankings across multiple regions, particularly in markets like Indonesia, Thailand, and the Philippines, are highlighted for their potential to meet diverse industry needs effectively.

Technology Innovation examines providers’ technical strengths in areas like intelligent data lakes, lakehouse integration, elastic scaling, and AI integration. Providers are evaluated on their leadership in data storage, real-time data processing, fault tolerance, and support for intelligent decision-making. High marks are awarded to vendors demonstrating robust technological innovation.

Customer Service evaluates localized support within the emerging Asia-Pacific market, particularly focusing on data security, risk management, and compatibility with various systems and interfaces. The ability to provide tailored solutions that meet the complex data needs of enterprises is a key factor in this evaluation, enhancing customer satisfaction and competitive advantage.

Huawei Cloud Leads the Big Data Market Competition in Emerging APAC

The report identifies Huawei Cloud, AWS, Microsoft Azure, Google Cloud, and Alibaba Cloud as “Leaders” in the emerging Asia-Pacific big data market. These providers excel in areas like intelligent data lakes, lakehouse integration, and AI-driven analytics, offering cutting-edge technology for advanced data processing and application development.

Huawei Cloud stands out in several markets, particularly in Hong Kong SAR, Thailand, and Bangladesh, where it holds a leading market share. In both the telecom and financial industries across the Emerging Asia-Pacific region, Huawei ranks first, thanks to its real-time data analytics and intelligent data lake solutions. These capabilities have been instrumental in driving operational efficiency and enabling data-driven transformations. The flexibility and security offered by Huawei Cloud’s solutions help organizations optimize their operations while ensuring compliance with regulatory requirements, making it a preferred choice for enterprises in the region.

AWS continues to lead the market in Singapore, particularly in the internet sectors, where its mature cloud ecosystem and extensive support services enable businesses to scale and innovate rapidly. Microsoft Azure has also shown strong performance in the Thailand and Malaysia, supporting enterprises with AI-driven cloud services and intelligent data analytics to accelerate their digital transformation journeys. Meanwhile, Cloudera, Databricks, Snowflake and IBM are positioned as “Challengers” in the market. These companies possess clear advantages in specific regions or industries and actively expand their market share while continuously improving their technology and service levels to meet customer needs. Oracle, Greenplum, and Teradata, recognized as “Specialists,” are known for their specialized technical expertise and extensive experience in enterprise-level big data platforms and data warehouses, enabling them to offer customized solutions that meet specific business needs.

Overall, vendors like Huawei Cloud, AWS, GCP and Microsoft Azure are driving the growth of the big data market in the Emerging Asia-Pacific region by offering advanced real-time analytics and intelligent data lake solutions. These providers continue to innovate and adapt to the evolving needs of industries, ensuring businesses can leverage big data technologies to enhance efficiency, optimize operations, and remain competitive in a rapidly digitalizing world. For a detailed report, please click: https://www.frostchina.com/content/insight/detail/6721967cfa1179b70e3864b9.
Hashtag: #Frost&Sullivan

http://www.frostchina.com

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

HONG KONG SAR – Media OutReach Newswire – 15 November 2024 – The Elite Programme of Hong Kong Science and Technology Parks Corporation (HKSTP) aims to nurture both local and international tech ventures with high growth potential. With 24 companies currently active in the programme, including 13 home-grown companies and 11 from overseas, the Elite companies span across different industries, including AI & robotics, life and health tech, e-commerce, and digital marketing. Together, these companies have a combined valuation of US$2.67 billion* with 11 companies now classified as centaurs^#. HKSTP hosted the Elite Global Inno Day today, a high-profile event designed to highlight the achievements of the Elite companies and reveal their global expansion plan.

Launched in 2019, the HKSTP Elite programme has supported a total of 42 companies in expanding beyond Hong Kong, helping them become unicorns and public-listed companies.

Thanks to its strategic location, friendly business environment, competitive tax incentives, worldclass research and development capabilities, and strong intellectual property protection, Hong Kong has been an ideal launchpad for companies aiming for global expansion.

Leveraging these unique strengths, HKSTP has significantly increased its support for Park companies in recent years as they embark on their global expansion journeys. Through the programme, HKSTP provides comprehensive assistance to Elite companies, including first-class infrastructure, funding, business expansion, partnership, research and talent acquisition, all of which propel the success of Elite companies.

Mr Eric Or, Acting Chief Corporate Development Officer​ of HKSTP, said, “As the largest innovation and technology (I&T) ecosystem in Hong Kong, HKSTP continues to foster the success of innovation-driven tech ventures through our Elite Programme, helping them thrive, grow, and, ultimately, achieve their global ambitions, generate significant global impact, and attract international talent to Hong Kong. This also reinforces Hong Kong’s status as a global I&T and talent hub.”

The reach of the Elite companies now extends to 16 international markets across 6 continents, fostering international collaboration and pioneering innovations that are reshaping industries and improving lives worldwide.

Moreover, 12 Elite companies are led by multi-national management teams, and all Elite companies have committed to creating over 1,200 job opportunities in Hong Kong during the 3-year programme period.

Over 200 partners and investors joined today’s Elite Global Inno Day. The HKSTP team also highlighted the extensive support available to the portfolio companies. 17 of the Elite companies participated in the Elite Innovation Pitch, presenting their cutting-edge technological innovations and business strategies to corporate partners, potential investors and channel partners.

*Valuation is calculated when the company is admitted to the Elite Programme

#Centaurs — companies that reach US$100 million of annual recurring revenue.

Appendix: 17 HKSTP Elite companies participated in the Elite Innovation Pitch

	Company	Introduction
1.	Asia Top Loyalty Limited	The company provides a multi-platform loyalty rewards, redemption, and exchange system targeting the retail industry.
2.	b-ONE Ortho (Hong Kong) Limited	b-ONE Ortho provides orthopedic solutions using its patented advanced materials, AI, and surgical robotics technology.
4.	Buy&Ship Limited	Buy&Ship provides international shipping services, delivering value for money through product sourcing and price comparison powered by AI and big data.
4.	Cellomics Holdings Limited	Cellomics focuses on developing and commercialising liquid biopsy products and services.
5.	Fano Labs Limited	Fano Labs offers multilingual AI-driven voice to text recognition, trained in various domains such as Reg Tech, customer service and investigations.
6.	FJ Dynamics International Limited	As a global leader in robotics and automation, FJ Dynamics delivers solutions for industries like agriculture, construction, and landscaping.
7.	GetLinks Limited	GetLinks offers a recruitment platform, along with Employer of Record (EOR) and Human Resources-as-a-service.
8.	Great Bay Bio Limited	Backed by self-developed AI algorithms, large data sets and strong computing power, Great Bay Bio provides an intelligent biotechnology platform for bioprocessing and innovative molecular design.
9.	HRWork Limited	HRWork focuses on EOR, HR-as-a-Service, and Enterprise Resources Planning (ERP) solutions, supporting the overseas expansion of mainland Chinese enterprises.
10.	IKAS Industries HK Pte. Ltd.	IKAS provides smart manufacturing tools for semi-conductor manufacturing management knowhow, digital representation, and AI-driven prediction / recommendation.
11.	Immuno Cure Holding (HK) Limited	Immuno Cure provides immunotherapies for cancers, inflammatory and infectious diseases using its patented PD-1-enhanced DNA vaccine and Anti-Δ42PD1 Antibody Immune Blocking technology platforms.
12.	Jumppoint Group Limited	Jumppoint offers a digital logistic platform that specialises in last-mile delivery and cold chain management, including route optimisation, fleet management, and cold chain warehouse management.
13.	KSHER (Hong Kong) CO., LIMITED	Ksher enables SMEs in emerging markets to trade, compete and succeed globally.
14.	Leapstack International Ltd	Leapstack specialises in InsurTech solutions and product initiatives for insurers and reinsurers, leveraging its expertise in insurance operations, risk management, distribution, AI and big data.
15.	PressLogic Limited	PressLogic offers an Ad-Tech ecosystem combining data, MarTech and content solutions via its own media channel, AI analytic tools, and campaign projects.
16.	Radica Systems Limited	Radica provides digital marketing automation platforms across omni-channels.
17.	RHT Industries Limited	RHT provides air purifiers appliances for home use and construction projects.

Hashtag: #HKSTP

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

SINGAPORE – Media OutReach Newswire – 15 November 2024 – Panasonic announces its latest promotional campaign, a lucky draw with three pairs of Singapore Airlines business class air tickets to Japan up for grabs. The campaign runs from November 15, 2024, to February 9, 2025.

Upgrade Home Appliances and Win a Trip to Japan

This is an opportune time to upgrade by investing in a new refrigerator, washing machine, or aircon. Purchase Panasonic’s trusted range of appliances, and stand a chance to jet off to Japan in style. Don’t miss this chance to upgrade and potentially win a free trip!

How to Participate in the Lucky Draw

Shop Panasonic: Purchase any Panasonic products or appliances from the official Panasonic store and at retailers. Available in-store at locations islandwide or online.

Eligible Spend: For every $100 spent on Panasonic products during the campaign period (November 15, 2024 – January 5, 2025), receive one entry into the lucky draw. Entries are cumulative. Spend more for more chances to win.

Register Purchase: After making a purchase, register for the lucky draw by uploading a copy of the purchase receipt through the official online form. Only entries submitted through the online form will be considered for the lucky draw.

Grand Prize: Three pairs of business class air tickets to Japan

Lucky Draw Date

The Panasonic lucky draw to win a trip to Japan will take place on:

• Date: 21 February, 2025
• Time: 02:00 PM
• Location: Panasonic Customer Care Centre (202 Bedok South Avenue 1, Singapore 469332)

Experience Japan with Panasonic

Panasonic’s Win a Trip to Japan campaign celebrates Japanese craftsmanship and innovation while offering customers a chance to fly to Japan and experience the country firsthand. With this lucky draw, Panasonic aims to introduce more customers to premium Japanese appliances and inspire more people to explore Japan as a premier travel destination.

For more information about Panasonic’s Win a Trip to Japan campaign, including detailed terms and conditions, please visit the official campaign page: https://www.panasonic.com/sg/events-and-promotions/events/win-a-trip-to-japan.html
Hashtag: #Panasonic

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

About the Panasonic Group

Founded in 1918, and today a global leader in developing innovative technologies and solutions for wide-ranging applications in the consumer electronics, housing, automotive, industry, communications, and energy sectors worldwide, the Panasonic Group switched to an operating company system on April 1, 2022 with Panasonic Holdings Corporation serving as a holding company and eight companies positioned under its umbrella. The Group reported consolidated net sales of 8,496.4 billion yen for the year ended March 31, 2024. To learn more about the Panasonic Group, please visit: https://holdings.panasonic/global/

SINGAPORE – Media OutReach Newswire – 15 November 2024 – TDCX, an award-winning digital customer experience (CX) solutions provider for technology and blue-chip companies, has been honored by the Financial Times (FT) as one of the Best Employers in Asia-Pacific (APAC) 2025. This inaugural award, conducted in partnership with Statista, recognizes TDCX’s commitment to creating an exceptional work environment for its employees.

TDCX’s strong workplace practices have received various industry recognition, with more than 550 awards to-date. Some of these include the Great Place To Work® certification and the Employee Experience Award (EXA) from Human Resources Online.

Ms. Angie Tay, Group Chief Operating Officer and EVP, said, “Employee engagement has always been a key thrust in our operations at TDCX. We firmly believe in creating a positive, uplifting and welcoming culture where people feel at home and motivated to do their best every day. This award from the Financial Times award reaffirms our commitment to fostering a deeply engaging employee culture that is characterized by open communication and structured career development pathways. My heartfelt thanks go to all our TDCX colleagues for their trust and support as we continue to drive new breakthroughs for employees.”

TDCX prioritizes employee well-being, professional growth, and career development in its employee value proposition. Some of the range of initiatives offered by TDCX include mentoring sessions, leadership development, and career coaching.

The company’s early investments in technology have also enabled it to create an empowering and productive culture. An example is TDCX’s proprietary, AI-powered FLASH suite. Through the human capital and experience management suite, TDCX has ongoing insights on employee sentiment, enabling it to better understand and address the needs of employees.

These initiatives have contributed to TDCX enjoying high employee engagement levels. The company achieved scores above 75 per cent in its internal employee sentiment survey, known as FLASH Pulse, among its APAC employees over the last two years.

The selection process for the Best Employers in Asia-Pacific 2025 involved surveying company employees who were asked if they would recommend their company to others and to rate it based on various criteria, including salary, talent development, and working conditions. The evaluation process consists of two stages: first, FT readers nominate companies for inclusion, which are then reviewed for eligibility. In the second stage, employees from nominated companies complete an independent survey, rating their own and other companies based on their experiences.

For more information about TDCX’s recognition and to access the full list of Best Employers in Asia-Pacific 2025, please visit Financial Times.

Hashtag: #tdcx

https://www.tdcx.com/
https://sg.linkedin.com/company/tdcxgroup
https://twitter.com/tdcxgroup
https://www.facebook.com/tdcxgroup/

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

TDCX

Singapore-headquartered TDCX provides transformative digital CX solutions, enabling world-leading and disruptive brands to acquire new customers, to build customer loyalty and to protect their online communities.

TDCX helps clients achieve their customer experience aspirations by harnessing technology, human intelligence, and its global footprint. It serves clients in fintech, gaming, technology, travel and hospitality, digital advertising and social media, streaming and e-commerce. TDCX’s expertise and strong footprint in Asia has made it a trusted partner for clients, particularly high-growth, new economy companies, looking to tap the region’s growth potential.

TDCX’s commitment to delivering positive outcomes for our clients extends to its role as a responsible corporate citizen. Its Corporate Social Responsibility program focuses on positively transforming the lives of its people, its communities, and the environment.

TDCX employs more than 17,800 employees across 30 campuses globally, specifically in Brazil, Colombia, Hong Kong, India, Japan, Malaysia, Mainland China, Philippines, Türkiye, Singapore, South Korea, Spain, Thailand, Türkiye, and Vietnam. For more information, please visit www.tdcx.com.

SINGAPORE – Media OutReach Newswire – 15 November 2024 – Woh Hup, an esteemed name in the world of Asian sauces, proudly marks its 88th anniversary this year. Known for its delicious sauces, concentrated stocks, and instant noodles, Woh Hup has embarked on a remarkable journey fueled by a passion for crafting recipes that have stood the test of time, beloved by both professional chefs and homemakers. Founded in 1936 in Singapore, Woh Hup embarked on a culinary mission fueled by a passion for Asian flavours: to curate a collection of Asia’s most revered sauces and condiments. Their goal is to transform these time-honoured flavours into modern classics, elevating everyday meals in every home.

Leong Chee Kang, Chief Executive Officer, Woh Hup Singapore shared his excitement about this milestone: “Celebrating 88 years is a remarkable achievement for Woh Hup. Our journey from a noodle maker in Chinatown, Singapore has evolved into creating a recognised brand known for oyster sauce and convenient sauces. This transformation is a testament to our dedication, innovation, and passion for delivering the highest quality products. We are proud of our heritage and committed to continuing our legacy of excellence, bringing the classic flavours of Asian cuisine to kitchens around the world.”

A Legacy of Quality and Innovation

Woh Hup initially focused on crafting delectable food sauces that captured the rich and diverse flavours of Asian cuisine. By the 1980s, Woh Hup had established itself as the leading producer of oyster sauce in Singapore, a testament to its dedication and expertise. Today, Woh Hup sauces are enjoyed in over 20 countries across continents, including India, Europe, America, Australia, and the Middle East.

Recognition of Heritage and Excellence

Woh Hup’s legacy was further solidified when its Oyster Sauce and Dried Noodles were featured at the prestigious “50 Made in Singapore Products” exhibition in 2015, organised by the National Heritage Board (NHB). This national showcase celebrated Singapore’s manufacturing achievements in its 50th anniversary year, highlighting Woh Hup’s significant contribution to Singapore’s culinary heritage. Woh Hup was also awarded the Top Influential Brand in Singapore in 2018 and 2023 in the Sauces category. This prestigious accolade underscores the brand’s status as a key player in the market and a trusted name among consumers.

Looking Ahead: Woh Hup innovates while preserving traditions

Woh Hup is dedicated to developing new products that align with emerging market trends and modern consumer demands. Homemakers and professional chefs increasingly prefer healthier yet delicious options and seek easy ingredients that allow them to prepare traditional recipes while simplifying their cooking process.

For instance, Woh Hup non-fried instant noodle is a favourite of many and is a healthier option without compromising on flavour, enabling you to enjoy your favourite noodles guilt-free. Catering to diverse palates, Woh Hup offers a variety of vegetarian-friendly options, including Shiitake Mushroom Vegetarian Oyster Flavoured Sauce, regional-inspired soup stocks, convenient sauces, chilli sauces and cooking ingredients.

Woh Hup maintains an unwavering commitment to quality, strictly adhering to international food safety regulations and standards to ensure all products meet global market requirements. Having already expanded globally, Woh Hup’s widespread acceptance and success demonstrate its ability to enrich lives and satisfy diverse palates worldwide.

Hashtag: #WohHup #HeritageFoods

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

About Heritage Foods

WINNING OVER THE WORLD ON HERITAGE
As a global corporate citizen, Heritage Foods Group shares the responsibility to identify and respect what the world demands in terms of taste and flavour.

Our products have gone beyond their home shores and are now used in kitchens around the world from the UK to Australia and from Singapore to Scandinavia.

About Woh Hup

Since 1936, Woh Hup has pioneered the crafting of high-quality Asian sauces, bringing the classic flavours of Asian cuisine to kitchens worldwide. With a legacy of dedication and a passion for delicious food, Woh Hup remains a trusted name in culinary excellence.

Specialising in Asian classic sauces, Woh Hup Food offers a signature range that includes traditional Southeast Asian favourites such as Shiitake Mushroom Vegetarian Oyster Flavoured Sauce, Oyster Sauce, Hainanese Chicken Rice Paste and Dried Chilli Shrimp Instant Noodles. These localised products empower both home cooks and professional chefs to prepare familiar classics or explore new culinary creations with ease.

www.wohhupfood.com