KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 21 October 2024 – Chubb today announced the appointment of Jon Longmore as Country President of Malaysia, effective early November and subject to regulatory and other approvals. Currently Country President of PT Chubb General Insurance Indonesia, Longmore succeeds Stephen Crouch, who has been appointed Head of Government Affairs, Asia Pacific.
In his new role, Longmore will have responsibility for the overall performance of Chubb in Malaysia. He will be based in Kuala Lumpur and continue reporting to Marcos Gunn, Regional President, Asia Pacific.
Longmore began his 13-year career with Chubb in a series of underwriting, distribution and partnership roles while based in Australia. He was appointed Head of Digital for Asia Pacific in 2018 before assuming his latest role as Country President of PT Chubb General Insurance in 2020.
On announcing Longmore’s appointment, Gunn said, “Jon is an experienced international insurance professional with a track record of driving sustainable business growth. His keen focus on innovation and passion for building teams position him well to further grow our business in Malaysia.”
Longmore holds a Bachelor of Arts in International Relations from the University of Queensland.
Adrianto Gunawan, Chief Financial Officer for Indonesia, will take on the additional role of interim Country President while the appointment of a permanent successor is underway. Hashtag: #Chubb
The issuer is solely responsible for the content of this announcement.
About Chubb
Chubb is a world leader in insurance. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs more than 40,000 people worldwide. Additional information can be found at: www.chubb.com.
Showcasing a whole new cabin experience in Business, Premium Economy and Economy onboard the airline’s retrofitted Boeing 777-300ER aircraft
SINGAPORE – Media OutReach Newswire – 21 October 2024 – Cathay Pacific is once again raising the bar for customer experience with the official unveiling of its all-new Business class, Aria Suite, together with its new Premium Economy and refreshed Economy onboard its retrofitted Boeing 777-300ER aircraft.
Cathay Pacific unveiled the new Aria Suite at an exclusive event presented by special guest Fala Chen (fourth from left), Cathay Group Chief Executive Officer Ronald Lam (third from left), Chief Customer and Commercial Officer Lavinia Lau (third from right), Chief Operations and Service Delivery Officer Alex McGowan (second from right) and Chief Financial Officer Rebecca Sharpe (second from left).
The airline’s retrofitted 777-300ER debuted on its Hong Kong-Beijing route today (18 October) before progressively being deployed on other regional and long-haul routes. The new cabin experience was introduced at a special ceremony for distinguished guests, valued customers and Cathay members, members of the media and Cathay employees at Hong Kong Aircraft Engineering Company Limited’s (HAECO) hangar facility at Hong Kong International Airport on 16 October.
Cathay Group Chief Customer and Commercial Officer Lavinia Lau said: “At Cathay, we believe in moving people forward in life. This purpose goes beyond simply flying customers to their destinations; we are deeply woven into Hong Kong’s identity as a global aviation hub. To solidify our role in both the industry and the community, we’ve committed a significant investment of over HK$100 billion over the next seven years into our fleet, cabin products, lounges, and digital and sustainability leadership, reflecting our confidence in Hong Kong’s long-term growth and its position as a key player in global aviation.
“As part of this evolution, we are excited to introduce new seat products over the next three years, each designed to elevate the inflight experience for our customers. First, we are launching our all-new Business and Premium Economy cabins, and a refreshed Economy cabin on our retrofitted Boeing 777-300ER. These will be followed by a new world-leading First class experience onboard our 777-9s, and a brand-new flat-bed Business class product on our Airbus A330s. Through our investments in cutting-edge aircraft, innovative technology and groundbreaking facilities, we are dedicated to moving beyond expectations – in the air, on the ground and in every experience we create.”
In the highly anticipated Aria Suite, Cathay Pacific has placed customer experience at the heart of the design and conception of its new Business class. Artistry and craftsmanship have gone into every detail to create a holistic and immersive experience where comfort, privacy and a sense of personal space are completely reimagined for customers. The result is an inflight journey that is intuitive and effortless.
For more information on Aria Suite and the retrofitted 777-300ER cabin experience, please see the accompanying fact sheet, here.
To download photos from the Aria Suite launch event, please click here.
HONG KONG SAR – Media OutReach Newswire – 21 October 2024 – Southco Asia Ltd., a subsidiary of Southco Inc., a leading global provider of engineered access solutions such as locks, latches, captive fasteners, electronic access solutions, and hinges/positioning technology, has launched the E3 Compact MIM compression latch, bringing new ergonomic and safety features to the durable family of compression latches in a low-profile package.
E3 Compact MIM Compression Latch
Southco E3 compression latches are well-known for their durability and quality across a wide range of industries. They keep panels securely fastened, sealed, and vibration resistant no matter the environment.
But Southco wasn’t satisfied with “good enough.” In their constant pursuit of innovation, they reimagined the E3 with a shorter head (4mm vs. the normal 6.4mm), 180-degree ergonomic actuation, and visual indicators machined into the latch and color coded to easily show when it is open or closed.
If that isn’t enough, the new compact E3 is manufactured using metal injection molding (MIM), lowering manufacturing costs and passing them on to the customer. The final product is beautifully polished for a sleek, low-profile look that performs under pressure.
For more information about the E3 Compact MIM compression latch, please visit www.southco.com/E3-Compression-Latch or email the 24/7 customer service department at info@southco.com. Hashtag: #southco #compression #latchingsolutions #compact #touchpoint #manufacturing
The issuer is solely responsible for the content of this announcement.
About Southco
Southco, Inc. is the leading global designer and manufacturer of engineered access solutions. From quality and performance to aesthetics and ergonomics, we understand that first impressions are lasting impressions in product design. For over 70 years, Southco has helped the world’s most recognized brands create value for their customers with innovative access solutions designed to enhance the touch points of their products in transportation and industrial applications, medical equipment, data centers and more. With unrivalled engineering resources, innovative products and a dedicated global team, Southco delivers the broadest portfolio of premium access solutions available to equipment designers throughout the world.
SINGAPORE – Media OutReach Newswire – 21 October 2024 – Food Japan 2024, ASEAN’s premier exhibition for Japanese food and beverage (F&B) products, technology, and services, returns for its 12th edition, running from 24 to 26 October at the Suntec Singapore Convention & Exhibition Centre, Hall 403.
With 194 exhibitors from 37 prefectures, including special pavilions such as Tokyo, Himeji City, Onojo City, Sake and Spirits, Sake of Ehime, Processed Meat, and Dairy Products, Food Japan 2024 offers a comprehensive display of Japan’s diverse food and beverage industry. Visitors can explore new product launches, including health-conscious options, plant-based alternatives, and eco-friendly packaging, reflecting global trends in sustainability and consumer well-being.
The exhibition also includes interactive displays, tastings, and cutting-edge food technologies, offering visitors insights into Japan’s culinary traditions and the latest industry trends.
This year’s J-Studio masterclasses highlight key topics such as Japanese sake and food pairings, along with discussions on the latest advancements in food technology. These sessions offer valuable insights into market trends and foster connections with industry experts.
“We are excited to welcome visitors to Food Japan 2024, a platform that celebrates Japan’s culinary heritage and fosters business collaboration across ASEAN,” said Mr Masanao Nishida, Director of OJ Events Pte Ltd. “This year’s event highlights the industry’s growing focus on sustainability and health-conscious innovations, particularly in Japanese food processing technology. From the fusion of traditional and modern techniques to advancements in fermentation, packaging, and preservation technologies, Food Japan 2024 reflects the evolving demands of a global market, prioritising both quality and sustainability.”
The continued success of Food Japan is made possible through the support of key partners, including the Japan Council of Local Authorities for International Relations (CLAIR), the Embassy of Japan in Singapore, the Japan External Trade Organization (JETRO), and the Ministry of Agriculture, Forestry and Fisheries (MAFF). Special gratitude is extended to the Singapore Tourism Board (STB) for their unwavering support since the inaugural edition of Food Japan, and congratulations are in order for their 60th anniversary.
Food Japan 2024 promises a transformative experience, combining Japan’s culinary excellence with insights into emerging market trends. Attendees will leave with a deeper understanding of Japan’s food and beverage sector through innovative products and exclusive masterclasses.
Food Japan 2024 Information
Opening Hours:
Trade: 24-25 October, 10.00am–5.00pm
Trade & General Public: 26 October, 11.00am – 4.30pm
Address: Suntec Convention and Exhibition Centre, Level 4, Hall 403,1 Raffles Boulevard, Suntec City, Singapore 039593
The issuer is solely responsible for the content of this announcement.
About Food Japan
Food Japan is an annual event that serves as a bridge between Japan and ASEAN, providing valuable opportunities for business collaboration and knowledge exchange. The event showcases classic Japanese ingredients, high-quality seasonal produce, unique prefecture specialities, as well as innovative technology and machinery.
About Food Japan Executive Committee
The Food Japan Executive Committee, part of OJ Events Pte Ltd, is led by professionals with a strong track record in organising leading trade shows across various sectors, including food and beverage (F&B). The company was founded to support Japanese enterprises seeking to expand into international markets by providing effective sales and marketing platforms for their products and services. Food Japan is one such platform dedicated to the F&B industry.
More than three quarters of businesses believe technology is essential for achieving global sustainability goals, with digital adoption key to accelerating progress
Budget constraints, complex supply chain and technology limitations are the top 3 most common barriers for enterprises to meet sustainability targets
HANGZHOU, CHINA – Media OutReach Newswire – 21 October 2024 – A significant 80% of businesses surveyed across Asia, Europe and the Middle East have established sustainability targets, but of those who have set sustainability targets more than half (53%) continue to rely on manual methods for measuring their progress, according to a survey report titled “Tech-Driven Sustainability Trends and Index 2024” commissioned by Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group.
The report reveals that among businesses with sustainability targets, 92% have set emission reduction targets. However, only one-third of these organizations have committed to net-zero commitments with science-based targets (SBTs). The highest adoption of SBTs is in emerging Asian markets at 39%, followed by Europe at 35%, developed Asian markets at 30%, and the Middle East at 22%.
Around half of the businesses with sustainability targets cite driving growth (56%), compliance with regulations (54%), and a strong corporate purpose (49%) as their key motivations for establishing targets. Notably, among all markets, Indonesia tops the list with 70% of businesses prioritizing growth, Saudi Arabia leads with 73% emphasizing compliance, and the UAE excels with 61% prioritizing a strong corporate purpose.
A significant 78% of businesses agree that technology is crucial for achieving global sustainability goals, with top markets including Malaysia (89%), Saudi Arabia (87%), Singapore (86%) and France (86%). Regionally, this belief is strongest in the Middle East (86%) with emerging Asian markets a close second (83%). Similarly, 78% believe that adopting digital technologies such as cloud computing and AI will accelerate progress toward meeting sustainability goals, with Saudi Arabia leading at 90%, followed by the UAE (84%) and Singapore (81%).
Market Commitment Levels and Challenges
When assessing market commitment levels, Singapore ranks highest with an impressive sustainability index of 91%, followed closely by Germany at 89% and Indonesia at 86%. The sustainability index refers to percentage of businesses who have set up sustainability targets in the 13 markets.
Businesses encounter various barriers in meeting their sustainability targets. Budget constraints emerge as the most significant obstacle, affecting 29% of organizations, particularly pronounced in the Middle East (41%) and Europe (31%). Complex supply chains further complicate efforts, impacting 28% of businesses, especially in the Middle East (35%) and Europe (29%). Additionally, technology limitations hinder 23% of companies, with the Middle East facing a slightly higher rate at 26%. Time constraints also present significant challenges across all regions, affecting 23% of organizations. For those yet to set sustainability targets, budget constraints (32%) and technology limitations (29%) remain the primary barriers to meeting sustainability targets.
Reliance on Manual Measurement
As businesses strive to enhance their sustainability efforts, the necessity for effective digital tools is evident. The survey emphasizes the necessity for businesses to improve their understanding of digital tools, as 59% of respondents acknowledge a gap in their knowledge regarding how technology can help achieve sustainability goals. This sentiment is particularly evident in Singapore (83%) and Hong Kong (75%) and Thailand (70%).
The report also shows a general reliance on traditional practices among businesses, which may present challenges in effectively achieving sustainability goals. The study indicated that over 50% of businesses depend on manual processes to measure sustainability performance using spreadsheets, emails, and similar methods. All markets, except for Hong Kong (29%), South Korea (43%) and France (49%), exceeded the 50% threshold, with the highest percentages in the UAE (68%), Saudi Arabia (61%), and the UK (60%). Meanwhile, only around a third of the businesses use digital software tools including cloud platforms for the sustainability progress and measurement. Indonesia (59%), Singapore (48%) and Japan (43%) demonstrate a higher adoption of cloud-based solutions, while the average usage is at 38%.
“The survey findings underscore the urgent need for organizations to reassess their sustainability measurement methodologies and embrace advanced technological solutions like cloud-based platforms and AI services. These digital tools not only streamline the measurement process but also provide actionable insights that can drive meaningful progress for sustainability,” said Selina Yuan, President of International Business, Alibaba Cloud Intelligence.
“As a dedicated cloud service provider, we are committed to providing innovative and AI-powered solutions such as Energy Expert to enable enterprises to effectively measure and analyze carbon emission and energy consumptions to advance their sustainability goals. By addressing existing barriers and investing in such advancements, organizations can better align their sustainability initiatives with established targets,” she added.
“Tech-Driven Sustainability Trends and Index 2024” aims to provide valuable insights into the evolving landscape of corporate sustainability while highlighting how technology can be applied to drive impactful change.
About the Survey
Alibaba Cloud’s “Tech-Driven Sustainability Trends and Index 2024” was independently conducted by Yonder Consulting, a UK-based consulting firm, with advisory, design and analytical support from The Purpose Business, an Asia-based sustainability consultancy with offices in Hong Kong and Singapore. The survey collected feedback from May 10 to June 19, 2024, involving 1,300 business leaders and senior management from various industries, including technology and communications, finance, infrastructure, renewable resources, healthcare, transportation, retail, and manufacturing.
Respondents were located across 13 markets in Asia (Indonesia, Malaysia, the Philippines, Thailand, Hong Kong SAR, Japan, Singapore and South Korea), Europe (France, Germany, and United Kingdom), and the Middle East (Saudi Arabia and UAE). In this survey, developed Asian markets refer to Hong Kong SAR, Japan, Singapore, and South Korea, while emerging Asian markets include Indonesia, Malaysia, the Philippines, and Thailand. Hashtag: #AlibabaCloud
The issuer is solely responsible for the content of this announcement.
About Alibaba Cloud
Established in 2009, Alibaba Cloud (www.alibabacloud.com) is the digital technology and intelligence backbone of Alibaba Group. It offers a complete suite of cloud services to customers worldwide, including elastic computing, database, storage, network virtualization services, large-scale computing, security, big data analytics, machine learning and artificial intelligence (AI) services. Alibaba has been named the leading IaaS provider in Asia Pacific by revenue in U.S. dollars since 2018, according to Gartner. It has also maintained its position as one of the world’s leading public cloud IaaS service providers since 2018, according to IDC.
SHANGHAI, CHINA – Media OutReach Newswire – 21 October 2024 – The CEIBS Global EMBA (GEMBA) programme has been named #1 in the world in the Financial Times 2024 EMBA Ranking, marking its first ever appearance at the top of the authoritative list. Announced in the same year that CEIBS celebrates the 30th anniversary of its founding, this remarkable achievement marks CEIBS as the first business school on the Chinese mainland to reach the top spot in the FT’s international rankings. It also caps off years of sustained progress. Prior to this year, the CEIBS GEMBA programme spent four consecutive years at #2; before that, it had spent two consecutive years in the top five. This consistent performance and steady improvement highlight not only the exceptional quality of the programme, but also its unwavering commitment to excellence.
The GEMBA alumni community exemplifies CEIBS’ mission to bridge China with the world, nurturing a robust network of over 2,300 esteemed leaders and entrepreneurs within CEIBS’ wider extensive alumni network of over 30,000 members. Equipped with “China Depth, Global Breadth,” these alumni represent nearly 50 countries and regions, driving global economic and commercial exchange and enhancing CEIBS’ international footprint. Supported by numerous vibrant student clubs, including the new Going-Global Club aimed at constructing a platform to assist CEIBS students and alumni in globalizing their businesses, the GEMBA alumni network offers more than just short-term educational benefits.
The fact that the CEIBS Global EMBA programme is now ranked #1 in the world represents the culmination of years of dedication, excellence, and accomplishment; that it comes in the year of our 30th anniversary makes this achievement all the more momentous. As we look to the future, we are confident that CEIBS’ alumni, faculty and staff will continue to drive the development of the business world and achieve even greater success. Hashtag: #CEIBS #CEIBSMBA
The issuer is solely responsible for the content of this announcement.
About CEIBS Global EMBA (GEMBA)
CEIBS Global EMBA, is a part-time, English-language Executive MBA programme that balances China Depth and Global Breadth and develops responsible global business leaders. With modules available in more than 20 destinations worldwide, a diverse student body from over 20 countries and regions, and two integrated tracks running between China, Europe and Africa, CEIBS Global EMBA provides unparalleled opportunities for participants to expand their global network to take their career and personal development to the next level.
Taking Place on 24 – 25 October the Forum Brings Together Leading Venture Capitalists and Entrepreneurs to Discuss Global Venture Capital Trends and Challenges, and Explore the Future Path of Hong Kong as the International Innovation and Technology Hub with Fresh Perspectives
HONG KONG SAR – Media OutReach Newswire – 19 October 2024 – In the face of the lingering global economic and geopolitical uncertainties, the annual Cyberport Venture Capital Forum (CVCF) returns this year with an inspiring theme – “Innovation Challenger: Building New Venture Visions“, scheduled to take place on October 24th and October 25th in an “online + offline” hybrid format. The forum aims to convene influential venture capitalists and entrepreneurs from across the globe to explore how venture capital trends and emerging technologies such as Web3.0 and artificial intelligence can empower startups and investors to break new grounds and capitalise on investment opportunities.
The Cyberport Venture Capital Forum 2024, with the theme of “Innovation Challengers: Building a New Vision for Venture Capital”, will be held from 24 October to 25 October in an “online + offline” format. The forum will bring together more than one venture capital expert, industry leader and start-up entrepreneur to discuss global venture capital trends, how emerging technologies such as Web3.0 and artificial intelligence can help start-ups and investors push boundaries, and venture capital opportunities in China, Asia, ASEAN and the Middle East. Above photo from left to right: Rocky Cheng, CEO of Cyberport; Decem Yuen, Co-founder of FansWave Limited (FansWiFi); Hendrick Sin, Chairman of Cyberport Investors Network (CIN) Steering Group; Co-Founder & Vice Chairman, CMGE Technology Group Limited; Founding Partner, China Prosperity Capital; Sheldon Li, Co-founder and CEO of Buy&Ship; Eric Chan, Chief Public Mission Officer of Cyberport.
As Hong Kong’s flagship for digital technology, Cyberport is dedicated to supporting local startups in showcasing the city’s innovation and technology capabilities in the international market. In alignment with this mission, Cyberport is actively fostering the development of the international venture capital landscape, coinciding with various initiatives from the Hong Kong SAR Government. These initiatives include setting up a $10 billion I&T Industry-Oriented Fund, launching the Artificial Intelligence Subsidy Scheme, and strengthening collaborations with the Middle East in innovation and technology to promote the diverse development of the innovation ecosystem. The CVCF serves as a key annual event in the venture capital market, plays a crucial role by gathering venture capital elites, focusing on successful local and global venture capital cases, and the development trends in the digital technology venture capital market. It provides a platform to connect startup entrepreneurs with investors, facilitates exchanges and cooperation among government, industry, academia, and research, and promotes collaboration between local and international partners to advance the development of the technology industry.
Professor Sun Dong, the Secretary for Innovation, Technology and Industry of the HKSAR Government, will deliver the opening remarks. Industry leaders from organisations such as KPMG, Beyond Ventures, Jungle Ventures, 1955 Capital, Draper Dragon , HALA Ventures, SparkLabs Group, Orbit Startups, Intudo Ventures, Global Ventures and more will share in-depth insights and perspectives on the venturing ecosystem. They will delve into three key discussion areas:
Global venture capital market trends and challenges;
Investment and development prospects for innovation and technology sectors, including Web3.0 and artificial intelligence;
Technology venture capital markets and trends in China, Asia, ASEAN, the Middle East, and beyond, with a focus on industry development and future prospects of the venture capital ecosystem.
Eric Chan, Chief Public Mission Officer of Cyberport, said, “As Hong Kong’s digital technology flagship and incubation hub, Cyberport is dedicated to enhancing the financing capacity of startups and accelerating the growth of incubated enterprises. This year’s CVCF will bring together venture capitalists and entrepreneurs from around the world to explore the global capital markets, focusing on the promising markets in the Middle East, ASEAN, Asia and China, as well as emerging technologies such as Web3.0 and AI. The Forum will also provide a platform for startups to showcase their innovative capabilities and facilitate investments, leading the industry in in-depth discussions and exploration of innovative technologies. This will empower the innovation and technology community to address various challenges, seize development opportunities, and achieve breakthroughs.”
Hendrick Sin, Chairman of Cyberport Investors Network (CIN) Steering Group; Co-Founder & Vice Chairman, CMGE Technology Group Limited; Founding Partner, China Prosperity Capital, said, “Despite the uncertainties in the global economy and geopolitics, with the backing of the National 14th Five-Year Plan from the Central Government, and Hong Kong SAR government’s Hong Kong Innovation and Technology Development Blueprint, along with this year’s budget initiatives such as the AI Subsidy Scheme, Frontier Technology Research Infrastructure Support Scheme and New Industrialisation Acceleration Scheme (NIAS), Cyberport will remain committed to fostering the growth of both the city’s and the global startup and venture ecosystem. Through programs and initiatives such as Cyberport Investors Network (CIN) and Cyberport Macro Fund (CMF), we will expand our unique connections with Asia and the ASEAN region, leverage our strengths in the international market, and drive the development of Hong Kong’s innovation and technology and venture capital sectors, further promoting Hong Kong as an international innovation and technology hub.”
Robust Fundraising Success Amid Challenging Global Markets
In the face of volatile venture capital market, Cyberport community startups have demonstrated strong fundraising performance over the past year. From October 2023 to September 2024, Cyberport Startups successfully raised over HK$3.7 billion in funding, an increase of 23% year-on-year, with recent notable contributions from companies such as KLOOK, Leapstack, Buy&Ship, MediConCen, DeBox. In total, Cyberport enterprises have
raised over HK$41.2 billion. Within the year, HashKey Group, the second licensed virtual asset trading platform in Hong Kong, has become the eighth unicorn company in Cyberport, reflecting the application potential of Web3.0 technology attracting investor support, as well as the continued effectiveness of Cyberport’s efforts to promote the development of the Web3.0 industry.
This year marks the 7th anniversary of the Cyberport Investors Network (CIN). The CIN has experienced robust growth by expanding its network of local and overseas investors, connecting startup projects with investors, and continuously enhancing the financing capacity of startups. Since its establishment in 2017, the total investment of CIN has reached over HKD 2.597 billion, an increase of HKD 560 million compared to last year, representing a year-on-year increase of 64%. The CIN has also facilitated a total of 96 project matches, which is 21 more than last year, an increase of 1.5 times compared to last year. Additionally, the number of investment units has increased by over 30 compared to last year, totalling more than 200 investment units. Among them, 15% come from the Mainland (including the Greater Bay Area), and 14% come from the Asia-Pacific region, highlighting the international background of network members and the gathering of global venture capital funds. Leveraging the solid foundation of the CIN, Cyberport recently launched the “Web3.0 Investment Circle” to match high-potential, high-growth Web3.0 startups with investors, increasing their chances of successful funding and further promoting the development of the Web3.0 ecosystem.
Cyberport has also been continuously investing in high-potential start-ups through the Cyberport Macro Fund (CMF) to strengthen fund attraction of the startups. As of September 2024, CMF has invested in 28 startup projects, with a total investment including co-investments exceeding HK$1.94 billion, achieving a funding ratio of 1:9, demonstrating Cyberport’s significant fundraising capability.
Empower Enterprises through Propelling Venture Opportunities
The Cyberport Venture Capital Forum 2024 will feature multiple investment experts discussing the latest trends in venture capital and technology financing. Startup leaders, including Buy&Ship, Cyberbay, HashKey Capital, and Votee A.I. will share insights on exploring opportunities in the Web3.0 and AI sectors, as well as tips for successful financing during the Elite Innovator Exchange session and the Investor-Investee Dialogue session.
Representatives from the cross-border e-commerce platform Buy&Ship and social WiFi marketing solution provider FansWave has also participated the panel session during today’s media briefing to share their insights. “Cyberport has played a vital role in expanding the business matching network, fundraising, and knowledge sharing within the entrepreneurial ecosystem. The oversubscription of Buy&Ship’s recent Series B funding round not only validates our vision but also reinforces the strength of our growth strategy,” said Sheldon Li, Co-founder and CEO of Buy&Ship. “We remain dedicated to providing consumers with the most streamlined cross-border e-commerce experience, enabling them to shop globally at highly competitive prices. Through these efforts, we are set to become Hong Kong’s next success story.”
Decem Yuen, Co-founder of FansWave Limited (FansWiFi), said “Cyberport creates a diverse and innovative environment to support startups in establishing a solid foundation, facilitating financing matches with investors, and building partnerships with local and overseas enterprises. Recently, FansWave has partnered with a renowned business firm in the Middle East to enter that market with our social Wi-Fi marketing solution. By combining social media and CRM (Customer Relationship Management) Wi-Fi access solutions, we provide businesses with data analysis to formulate customized marketing campaigns, enhance customer engagement with brands, and drive profit growth. We will continue to explore more overseas collaboration opportunities and look forward to bringing our brand, FansWiFi, and its social Wi-Fi marketing solutions to more markets.”
Investors and Startups Showcase Cutting-edge Technological Achievements.
In responses to the overwhelming demand from previous years, CVCF 2024 will continue its highly acclaimed “Investor Matching Session”, offering a unique platform for deal sourcing. Thes session connects startups and investors through both in-person and online interactions. The connections will be tailored to align with the technology scope and investment preferences of both parties, effectively bridging the needs. This approach aims to enhance communication and collaboration efficiency, making it easier for startups and investors to identify mutual interests and potential opportunities.
Meanwhile, as a marketplace for innovative solutions, startups will also showcase their products and services to the public through project proposal demonstrations. The event will feature an innovation and technology exhibition area, a startup clinic, and a startup workshop, offering practical insights and strategic advice through one-on-one consultation from top companies. This setup will Enable participants, whether online or in-person, to interact with local individuals and those from other regions.
ExploringNew Area in Venture Capital by Focusing on Web 3.0 Technology
Multiple Web3.0 events will be held during the Cyberport Venture Capital Forum 2024, including:
The Web3.0 Innovation Expo: This event will showcase the practical application of Web3.0 technology across real-world scenarios globally through keynote speeches, panel discussions and physical displays. Industry experts will share real-life cases and valuable experiences in applying blockchain, providing attendees with the opportunity to interact with corporate representatives, investors, members of the Cyberport Web3.0 community, as well as representatives from major blockchain ecosystems. Participants will gain an in-depth understanding of how Web3.0 is reshaping the industry landscape, driving innovation and creating new opportunities.
Digital Visionaries Symposium 2024: The Tech Stage poweredby EmergentX: As a sub-stage of the Web3.0 Innovation Expo, this segment will feature interactive sessions and panel discussions led by leading technology experts. It will delve into enterprise integration and transformative use cases of disruptive technologies such as AI and blockchain, exploring how these technologies can drive business development.
The Web3.0 Demo Day – Inno Ignite powered by BlockBooster: This event will allow startups at the forefront of the Web3.0 revolution to showcase their innovative projects. Attendees will witness the unlimited potential of Web3.0 technology in attracting investment, and can seize the opportunity to interact with entrepreneurs, and explore promising collaboration opportunities.
CVCF is a highly anticipated flagship tech venture event for investors and entrepreneurs in the global digital technology arena. The hybrid format attracted more than 2,500 participants in 2023, with a total of more than 120,000 views. Over 260 investors participated with more than 300 deal flows facilitated. For detailed information on this year’s CVCF, please visit the website: http://cvcf.cyberport.hk/ Hashtag: #Cyberport #CVCF
The issuer is solely responsible for the content of this announcement.
About Cyberport
Cyberport is an innovative digital community with over 2,100 members including over 900 on-site and close to 1,200 off-site start-ups and technology companies. It is managed by Hong Kong Cyberport Management Company Limited, 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, fostering industry development by promoting strategic collaboration with local and international partners, and integrating new and traditional economic by accelerating digital transformation in the public and private sectors.
HONG KONG SAR – Media OutReach Newswire – 19 October 2024 – John Lee, Chief Executive of the Hong Kong Special Administrative Region, announced his annual Policy Address (October 16), with the overarching priority of improving people’s livelihood and promoting a caring community.
“Over the past two years, my team and I have focused on economic growth and on improving people’s livelihood through development, with the well‑being of the people of Hong Kong close to our hearts,” Mr Lee said.
Hong Kong SAR’s Chief Executive John Lee (second right) listened to local residents’ views before formulating his Policy Address.
Noting that housing is an issue of great public concern, the Chief Executive announced various measures, including those to support home ownership, provide more public rental housing units and improve the quality of residential spaces.
To assist homebuyers, the Hong Kong Monetary Authority will relax the maximum loan-to-value ratio of property mortgage loans to 70%. The Government will also give young family applicants and one‑person applicants aged below 40 greater chance in applying for subsidised Home Ownership Scheme (HOS) flats. Mr Lee also announced detailed plans for the Government to legislate for a regulatory regime on the renting of subdivided units.
Meanwhile, the total supply of public housing units in the next five years will reach 189,000 units, and the waiting time for Public Rental Housing units will be reduced from the current 5.5 years to 4.5 years in 2026‑27.
“I attach great importance to building a harmonious and stable community, one that is caring and inclusive, providing targeted assistance to the underprivileged and families in need,” Mr Lee said.
The Chief Executive announced that the total number of vouchers under the Residential Care Service Voucher Scheme for the Elderly will be increased by 20% to 6,000. This will allow more frail elderly persons to be admitted to Residential Care Homes for the Elderly (RCHEs) of their choice and receive subsidised care services without waiting.
For people choosing to retire in Mainland China, the Government will enhance the Residential Care Services Scheme in Guangdong Province to provide more choices and support for elderly persons who opt to stay in care homes in the province, including sharing part of the medical expenses of the participants. A three-year pilot scheme will be launched next year to subsidise elderly recipients of Comprehensive Social Security Assistance to reside in designated residential care homes in Guangdong. Under the scheme, each eligible elderly person will receive a monthly subsidy of HK$5,000, subject to a quota of 1,000.
The 2024 Policy Address overarches the priority of improving people’s livelihood and promoting a caring community.
On poverty alleviation, Mr Lee announced that the Strive and Rise Programme would be expanded with the launch of the third cohort of the programme this year to recruit 4,000 mentees. The Government will also extend the Pilot Programme on Community Living Room by setting up three additional ones next year, making it a total of seven. To support families in need, the School‑based After‑School Care Service Scheme will be enhanced by increasing the number of primary schools covered by the Scheme from 50 to over 110.
In addition, services for persons with disabilities will be further enhanced through the establishment of 14 Integrated Community Rehabilitation Centres across the city, providing some 1,280 additional service places. Also, about 1,040 additional places will be provided for day, residential and pre‑school rehabilitation services.
To support and encourage women to excel at work, the Chief Executive announced that the Government would launch a mentorship programme, “She Inspires”, and establish a network run by women leaders from all occupations, which would enable female university students to be paired with mentors from the senior management of different sectors.
The Government will also establish one more support service centre for ethnic minorities to provide interpretation and translation services, and strengthen support for non-Chinese speaking students in learning Chinese.
“We must seize every opportunity to make progress and renew ourselves. I am confident that Hong Kong will continue to go from strength to strength and attain new heights, and our people will lead a better life,” Mr Lee said.
More information about the Policy Address is available from www.policyaddress.gov.hk. Hashtag: #hongkong #brandhongkong #policyaddress
www.chubb.com. 
https://oishii-world.com/en/
https://www.linkedin.com/company/foodjapan/
https://www.facebook.com/FoodJapanSg/
https://www.youtube.com/channel/UCFBFMJK_Bqp_7Sh8fAZnyDQ
www.alibabacloud.com
here
www.cyberport.hk
https://www.brandhk.gov.hk/
https://www.linkedin.com/company/brand-hong-kong/
https://x.com/Brand_HK/
https://www.facebook.com/brandhk.isd
https://www.instagram.com/brandhongkong
