ACE Music Festival Delegation visiting the British Council office in London for a productive discussion with the UK’s Association of Independent Festivals. (photo supplied)
The United Kingdom’s Mission to ASEAN and the British Council have officially launched the ASEAN-UK Advancing Creative Economy (ACE) program, an initiative aimed at strengthening the creative economies across the region.
RIYADH, SAUDI ARABIA – Media OutReach Newswire – 16 October 2024 – Sahm Capital, a CMA fully licensed financial company, proudly announces its position as the first batch of companies to participate in the transformative Capital Management IPO Project.
This initiative, launched by SaudiTadawul Group (STG), represents a significant step forward in digitalizing and streamlining Saudi Arabia’s IPO process, making it more efficient, accessible, and attractive to investors. The project, rolled out in two phases, which aims to enhance the IPO subscription offering for both the Nomu and the Main Market. Sahm Capital is proud to be among the selected group of companies participating in the initial phase targeting the Nomu Market. The revamped IPO subscription process for the Main Market is expected to be introduced shortly, as estimated by STG.
Once fully rolled out, the Capital Management IPO Project is expected to revolutionize the IPO landscape by accelerating processes, reducing errors, and enhancing market efficiency. By simplifying the subscription process, the new system allows investors to directly engage in the IPO, resulting in swift transactions and a more streamlined experience.
Moreover, the integration of advanced technology and direct reporting to regulators such as the Capital Market Authority (CMA) enhances transparency, fostering greater trust among investors. A transparent market is vital for attracting more investors, driving liquidity, and contributing to the growth of Saudi Arabia’s financial sector.
Steven Chou, Chairman of Sahm Capital, expressed his enthusiasm for the project: “It is an honor to be part of this groundbreaking initiative. The Capital Management IPO Project is more than a technological leap—it marks a pivotal moment in Saudi Arabia’s journey toward becoming a global financial hub. By automating processes, increasing transparency, and broadening investor access, this initiative perfectly aligns with the Vision 2030 objectives.”
He added, “At Sahm Capital, we are committed to making investing easier and more accessible for everyone. This project is also a milestone to our mission of delivering advanced technology and a easy-to-use platform to investors.”
Disclaimer Please note that trading in financial markets involves high risks and may lead to financial losses that could exceed the invested capital. The information provided above is not in any way a recommendation or advice to sell or purchase any financial instruments, bonds, or other investments. We strongly recommend consulting a specialized financial advisor before making any investment decisions to ensure that these investments are suitable for your expertise, financial circumstances, and investment goals.
Sahm Capital does not bear any responsibility for any losses or damages that may occur as a result of making investment decisions based on this offering or the information provided. Hashtag: #SahmCapital #brokerage #Tadawul #IPO
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About Sahm Capital
Sahm Capital, registered in Riyadh, holds full regulatory licenses from the Capital Market Authority (CMA) to provide Dealing, Advising, Custody, Arranging, and Managing Investments and Operating Funds Activities in the Securities Business services (license no. 22251-25). As the first fintech-driven financial company to achieve full CMA licensing, Sahm Capital has established itself as the fastest-growing member of the Saudi Exchange, leveraging proprietary technology and innovative financial solutions to deliver seamless, one-stop financial services. For more information, visit: www.sahmcapital.com.
Recent data from the Ministry of Agriculture and Forestry highlights significant strides in poverty alleviation across Laos, although challenges remain as the country aims for developed status.
KUALA LUMPUR, MALAYSIA / NEW DELHI, INDIA – Media OutReach Newswire – 16 October 2024 – The multi-asset broker JustMarkets proudly presents its Golden Diwali Trading Contest, offering traders a chance to celebrate while winning amazing prizes. Diwali is the Hindu festival of lights, with variations celebrated in other Indian and Malaysian religions. It symbolizes the spiritual victory of light over darkness, good over evil, and knowledge over ignorance.
JustMarkets Diwali
With over 12 years in the fintech industry, JustMarkets gained a reputation as one of the best global brokerage companies, recently awarded as Best Broker APAC 2024 and Most Reliable Broker 2024. The company helps traders grow at their own pace and achieve their full investment potential. The Golden Diwali Trading Contest once again represents these goals, providing traders with a chance to compete and win in three tiers based on trading volume.
The contest will run from October 15 to November 15, 2024, and it invites traders to showcase their skills to win exclusive real golden awards. For more details and registration, visit the JustMarketscontest page .
As a multi-licensed broker with clients in over 160 countries, JustMarkets emphasizes security, transparency, and client-centric service. The Golden Diwali Trading Contest is yet another example of their dedication to empowering traders, offering competitive spreads, low deposit requirements, a smooth trading environment, and very pleasant bonuses.
Join JustMarkets in celebrating Diwali with this golden opportunity. The company offers one of the lowest gold spreads in the market. From July 2024, they have reduced spreads by a further 10% to improve the trading conditions for their clients.
Sign up now, start trading XAUUSD (Gold vs. US Dollar), and compete for a chance to win astonishing gold prizes! Hashtag: #JustMarkets #Diwali #Malaysia #Contest #Gold
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JustMarkets
JustMarketsis a globally recognized multi-asset broker, offering reliable and transparent trading services since 2012. The company provides access to a diverse range of financial instruments, including Forex, stocks, commodities, indices, metals, energies, and cryptocurrencies, serving clients in over 160 countries.
SINGAPORE – Media OutReach Newswire – 16 October 2024 – Homegrown air conditioning specialists, Newway SG, demonstrates a strong commitment to managing the impacts of indoor air quality (IAQ) on health and productivity, with the launch of a new environmental research and testing facility under the brand “Newway Laboratories”.
Newway SG New Indoor Environmental Quality (IEQ) Laboratory
Addressing Critical Air Quality Concerns
The initiative aims to provide holistic solutions for families and businesses that are conscious about creating healthier indoor environments. Ramifications of the global pandemic have exposed the health and productivity risks associated with poor indoor air quality. The prevalence of air pollution in enclosed spaces, including rising cases of formaldehyde poisoning in residential houses, underscores the importance of indoor air quality testing services to maintain air standards within urban environments.
Newway Laboratories addresses these growing concerns by providing a comprehensive suite of indoor environmental quality (IEQ) services ranging from air, water and microbial sampling, pollution and radiation control, custom ambient scenting, and controlled mechanical integration. The fusion of real-time data and scientific methods can advance the development of effective IEQ management plans for residential and commercial facilities, where poor indoor air quality can negatively impact both health and productivity.
Sustainable Air Quality Solutions for Lasting Indoor Transformation
Newway’s advanced diagnostics capabilities enable them to go beyond short-term fixes, offering sustainable solutions that tackle persistent indoor air quality issues. Drawing on extensive industry knowledge and experience, they implement data-driven scientific strategies customised to meet each client’s specific requirements.
“We are thrilled to unveil our new IEQ facility, which enables a higher level of understanding of different indoor environmental conditions. Combined with our extensive experience in cooling and ventilation technologies, we can develop effective air quality solutions that commensurate with the core objectives of our customers.”, said Zachery Tan, Chief Executive of Newway SG.
Commitment to Innovation and Sustainability
With over three decades of ACMV experience, Newway SG is a leading IEQ specialist registered with the Building and Construction Authority (BCA) and National Environment Agency (NEA). The forward-thinking enterprise aspires to create safe living and working environments where families and communities can thrive in wellness, through advanced IEQ solutions that are reliable and cost-effective.
Since its introduction earlier this year, Newway Laboratories has successfully implemented hundreds of IEQ projects across various residential and commercial premises. The local company has also partnered with the National University of Singapore (NUS) as a specialised integration expert to develop new sustainable technologies that can revolutionise climate control in buildings.
“Newway SG has a proven track record of working with the NUS Building Robotics Lab on a number of innovative projects, and we have benefited tremendously from their specialised expertise in the field of IEQ”, said Professor Ghahramani, Director of Building Robotics Laboratory.
Future Developments
Looking ahead, Newway SG plans to continue with the research and development of novel IEQ systems. The firm believes that ongoing efforts to synergise resources and knowledge will lead to significant advancements in IEQ applications, and create immense value for communities and stakeholders alike. Newway Laboratories is currently operational and is expected to achieve full accreditation by 2025.
Availability and Pricing
Newway Laboratories’ IAQ testing and integrated services are available for booking immediately. Customers can enquire via Newway Customer Care hotline at 6481 0111 (WhatsApp – 9671 6481), or email at sales@newway.sg.
For more information, please visit https://newway.sg/indoor-air-quality/.
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About Newway SG
Established in 1987, Newway SG is known as the preferred air conditioning and ventilation specialist in Singapore. The homegrown brand is committed to providing customers with high-quality and cost-effective solutions, over a wide range of integrated air conditioning services focusing on indoor environmental quality (IEQ). Registered with BCA and NEA, Newway SG is also the authorised dealer of reputable brands such as Daikin and Mitsubishi.
Tiong Seng Silvercare launches first Watermark Lifestyle Centre in Tianjin, focusing on elderly care services as part of China’s growing Silver Economy
The centre aligns with Singapore’s Active Ageing Centre concept, offering health and recreational services to elderly residents
This marks Tiong Seng’s first foray into senior care in China, with plans for further expansion in Singapore and other Chinese cities
China’s Silver Economy is projected to reach 7 trillion yuan (S$1.28 trillion) in 2024, presenting substantial growth opportunities
SINGAPORE – Media OutReach Newswire – 16 October 2024 – Mainboard-listed construction group and property developer, Tiong Seng Holdings Limited (長成控股) (“Tiong Seng”, “the Company”, or together with its subsidiaries, “the Group”), is pleased to announce the official opening of its flagship Watermark Tiong Seng Lifestyle Centre in Tianjin, China, through its wholly foreign-owned entity in Tianjin, Tiong Seng Silvercare, as part of the Group’s efforts to leverage on robust growth opportunities in China’s Silver Economy.
The launch was officiated by Minister Desmond Lee, Singapore’s Minister for National Development and Minister-in-charge of Social Services Integration, who visited Beijing and Tianjin from 24 to 28 September 2024 for the Singapore-Tianjin Economic and Trade Council (“STETC”) meeting. The opening ceremony was attended by distinguished guests, including Chinese representatives, strategic partners, and key officials from the Ministry of National Development (“MND”) and Enterprise Singapore (“ESG”).
This marks Tiong Seng’s first foray into China’s Silver Economy, a strategic expansion that capitalises on the Group’s expertise in the built environment sector to address accelerating demand for assisted living and care facilities.
With this inaugural project in Tianjin, Tiong Seng aims to build up its expertise in senior care and actively explore further opportunities in both China and Singapore. While this initial project focuses on enabling ageing at home with a comprehensive suite of services, the Group is also studying and exploring other models of senior living and care, including the American Continuous Care Retirement Community (“CCRC”) and various types of institutional elderly care.
Addressing Global Ageing Populations
As both Singapore and China grapple with rapidly ageing demographics – elderly populations are expected to grow to 25% by 2030 – the respective governments are actively responding to the needs of their seniors. In 2023, nearly 297 million people in China were aged 601 and above, a number set to exceed 400 million by 20352.
In Singapore, national initiatives such as Age Well SG and Healthier SG promote active ageing and create supportive environments for the elderly. Similarly, China has introduced 26 key measures to address the challenges posed by its ageing population, with the Silver Economy recognised as a critical growth sector.
Tiong Seng Silvercare’s Strategic Expansion
Against this backdrop, Tiong Seng Silvercare (“TSSC”) was established in 2024 as the Group’s vehicle for developing senior-living facilities in China.
Project Location：Guangang Forest Park, Binhai New District
The Watermark Tiong Seng Lifestyle Centre in Tianjin, a 4,700-square-metre facility, commenced operations on September 25, 2024. Inspired by the concept behind Singapore’s Active Ageing Centres, it provides recreational and fitness amenities, nutritious dining choices, access to medical services network and a range of community activities. The Centre is dedicated to fostering an inclusive environment by offering diverse health, wellness, and recreational services, and will host a variety of events and programmes aimed at enhancing the physical, mental, and spiritual well-being of residents.
Complementing the Lifestyle Centre is the upcoming Health and Medical Centre, spanning 2,700 square metres and projected to open in 2026. These facilities will offer a broad range of medical and senior home-care services, while providing comprehensive health management for residents. Among its initiatives, the Health Management Centre will offer routine health monitoring supported by non-medical equipment, including an AI-based health monitoring platform. This AI platform would allow residents to track their health status and receive tailored recommendations for interventions such as exercise, diet, and lifestyle changes.
Together, these two facilities will enable TSSC to serve a combined population of over 2,200 residents across two key communities: The Equinox, which includes more than 500 households of terrace houses and bungalows, and Kampung Vibrant@Binhai, which will house over 600 households in senior-friendly apartments upon its full completion in 2026. Notably, 60% of these residents are projected to be 50 years old and above, making TSSC well-positioned to deliver holistic ageing-in-place services to support their health and wellness needs within the scenic Guangang Forest Park in the Binhai New Area.
Tiong Seng’s foray into China’s Silver Economy is bolstered by strategic partnerships, most notably with Watermark China, co-founded by founders of the Watermark Retirement Communities group, a US-based company that manages over 70 senior-living communities across the United States, Hong Kong, and Macau. This collaboration offers Tiong Seng valuable expertise and established models in senior care, enabling the integration of independent living, assisted living, and skilled nursing services into its offerings.
Dr John Keung, Chairman of Tiong Seng Contractors Pte Ltd, commented: “This project marks a significant milestone for Tiong Seng as we embark on our journey to tap into burgeoning growth opportunities in China’s Silver Economy. With the support of our strategic partners, we are bringing the best international practices to China to create a supportive environment for elderly care. We look forward to leveraging our experience here in Tianjin as a springboard for future expansion, both in China and back home in Singapore.
For additional details on Minister Desmond Lee’s Opening Remarks, please refer to the Ministry of National Development’s website –
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About Tiong Seng Holdings Ltd.
Established in 1959 and listed on the Mainboard of the Singapore Exchange since 2010, Tiong Seng Holdings Ltd. (SGX: BFI) is principally engaged in three core pillars of business: Building Construction & Civil Engineering, Property Development and Engineering Solutions.
Tiong Seng is one of the leading building and civil engineering contractors in Singapore, and holds the highest grading of A1 from the Building and Construction Authority (BCA) for both general building and civil engineering, qualifying the Group to undertake public sector projects with unlimited contract value. For over 60 years, Tiong Seng has built up a comprehensive track record of private and public sector projects of different complexity, uses and sizes.
On the property development front, Tiong Seng has successfully developed both residential and commercial projects in various second and third-tier cities in China, including Tianjin, Suzhou and Yangzhou. The Group currently has three ongoing projects in the Bohai Economic Rim, one of the main economic zones in China. More recently, the Group made headway in the Singapore property market with acquisitions of residential landbanks in the prime districts 9 and 10.
As a technological frontrunner, Tiong Seng has developed a diverse portfolio of innovative innovations which encompasses Engineering Solutions, the Group’s third business segment. This segment provides building solutions as a service and comprises a blend of engineering capabilities such as Prefabricated Prefinished Volumetric Construction (“PPVC”), Pre-cast, Structural Steel, Mass Engineered Timber (“MET”) and Tunnel Segment production. With this asset- light business model, the Group is positioned to capture rising industry demand for modern and efficient building solutions.
About Watermark China
Watermark Retirement Communities (“Watermark US”) is a premier developer and operator of senior living communities in the US, managing over 70 communities with more than 12,000 units and ranked among the top 10 US operators. In 2014, Watermark China was established as a Hong Kong-based partnership and now operates under the Watermark brand in Mainland China, Hong Kong, Macau, and Taiwan. With strong ties to Keppel Capital and strategic joint ventures with China Taiping Insurance and China Tourism Group, Watermark China has successfully brought its expertise to the region. In 2024, Watermark China formed a partnership with Tiong Seng to launch the Tiong Seng Binhai senior-friendly project, marking a key milestone in its expansion into China’s Silver Economy.
SINGAPORE – Media OutReach Newswire – 16 October 2024 – Orange Clove, a food caterer in Singapore, is transforming the landscape through innovation, technology, and convenience. Known for its commitment to quality and customer satisfaction, the brand continues to stand out by seamlessly integrating cutting-edge technologies and offering creative menu options for the modern corporate world while setting new standards for the catering industry.
Enhancing Client Relationships with HubSpot CRM
Orange Clove has implemented HubSpot, a comprehensive CRM platform, to streamline customer engagement and optimise the client experience. This system allows for more effective communication with clients, simplifying the entire catering process. From order management to post-event follow-ups, HubSpot’s integration enhances efficiency and ensures that clients receive timely, personalised services that meet their specific event needs.
Introducing the Sando Menu for Corporate Events
To further cater to Singapore’s diverse corporate community, Orange Clove has introduced its latest Halal catering offering – a gourmet sando menu. Designed for business meetings, networking sessions, or conferences, these sandos provide a convenient catering solution that delivers on both taste and practicality. As consumers increasingly seek new culinary experiences to satisfy their evolving palates, they are constantly on the lookout for innovative dishes that excite their taste buds. Understanding this trend, Orange Clove has designed the gourmet sandos to balance convenience with unique and enticing flavour profiles.
This new offering aligns perfectly with the company’s broader strategy to provide seamless catering options for busy professionals, while maintaining the high standards that have earned them a reputation as a trusted food caterer in the region.
Sophie: The Laksa Robot Chef Transforming the Catering Experience
Orange Clove is also making waves as a food caterer by adopting catering technology trends with the introduction of Sophie, a robotic chef designed to prepare fresh laksa on demand. Sophie allows guests to customise their preferred portion sizes, helping to reduce food waste while offering a personalised dining experience. More than just a functional addition, Sophie enlivens any corporate event, providing an interactive and memorable experience for attendees.
Sustainability as a Priority
While innovation drives Orange Clove’s progress, sustainability is equally integral to the brand’s ethos. The food caterer is already implementing eco-friendly practices, such as using environmentally conscious materials for cutlery, packaging, and serving ware. These initiatives are part of the new broader campaign, “Clove for Climate,” which reflects a renewed commitment to sustainable catering solutions.
Additionally, initiatives like Sophie, the laksa robot, aids with minimising food waste by allowing guests to customise their portions. Orange Clove is committed to continuously enhancing these practices as part of its long-term vision to offer sustainable catering options.
“As a food caterer, our goal is to provide seamless, high-quality catering solutions that not only meet the evolving needs of our clients but also contribute to a more sustainable way of living. By partnering with Orange Clove, companies enjoy catering experiences while actively supporting our shared commitment to creating a greener, more environmentally conscious future,” shared Assistant Director of Sales, Orange Clove Catering. Hashtag: #halalcateringsingapore #cateringsingapore
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About Orange Clove
Established in 2008, Orange Clove was founded with a clear mission: to provide mid to high-end restaurant-quality cuisine that exceeds the expectations of customers. What began as a commitment to exceptional catering has evolved significantly over the years. Today, Orange Clove not only provides food caterer services but also offers comprehensive end-to-end event solutions, ensuring memorable experiences from start to finish.
As global warming intensifies, the global workforce is at risk from death or injury as a result of extreme heat. It is revealed that 60% of Hong Kong’s construction workers have suffered symptoms of heat stroke[1].
Today, the James Dyson Award announces its 20 best inventions by young engineers and designers, including a helmet cooling accessory from Hong Kong, marking the region’s second consecutive year in the Top 20. Sir James Dyson will now select the global winners from this shortlist, to be announced on 13 November
The Top 20 shortlist features a prominent presence of entries from Asia, with China, Singapore and South Korea each securing two spots, signifying the rise of Asian inventions on the global stage
Addressing heat stress: A personal cooling device designed for outdoor workers
Air Ring 48 (AR48), which has been shortlisted for this year’sJames Dyson Award Global Top 20, tackles the critical problem of heat stress in construction workers through an innovative cooling accessory aimed at improving safety and productivity in challenging conditions.
Since 2021, Hong Kong has recorded more than 50 days of extremely hot weather with temperatures exceeding 33 degrees[2], posing significant heat stress and health risks to the city’s workers. AR48 is an advanced personal cooling device designed to integrate with standard safety helmets, providing targeted relief for outdoor workers. It directs airflow to key areas prone to heat stress, such as the neck and behind the ears. Testing shows it can reduce skin temperature by up to 3.20°C and core temperature by 0.67°C, delivering an overall cooling effect.
Weighing just 150 grams and operating at a whisper-quiet 30dB, AR48 stands out as a wearable device designed for comfort and ease of use. Its single-click helmet attachment ensures secure operation with minimal distractions. Built to be waterproof and impact-resistant, it meets industry safety standards, rendering it suitable for challenging construction environments.
AR48 has been recognised as the Hong Kong winner of the 2024 James Dyson Award announced earlier in September, receiving a price of £5,000. Being selected as Global Top 20, AR48 will now enter the final stage of the James Dyson Award, competing for global winners that will be selected by Sir James Dyson and announced on 13th November. The winning inventions will receive £30,000 to support their further development and commercialisation.
Established in 2005, the James Dyson Award is an international design competition which inspires and celebrates the next generation of design engineers. The Award operates across 29 countries this year and has supported over 400 problem-solving inventions with over £1m in prize money. It is run by the James Dyson Foundation, Sir James Dyson’s engineering-education charity.
Crafting for perfection: The development of Air Ring 48
The engineers behind AR48 are three students from the University of Hong Kong: Yu To Mak, Ze Fu Jeff Li, and Jing Hymn Joseph Wong. Observing the demanding outdoor working conditions, the team is motivated to create a revolutionising cooling solution tailored to the needs of construction sites, which can help enhance safety and mitigate the risk of heat-related illnesses among outdoor workers.
The team dedicated the past two years to developing AR48, culminating in the creation of its 48th prototype. Through a blend of digital tools and hands-on techniques, including cardboard modeling and clay sculpting, they meticulously refine the device’s proportions, airflow, and tactile elements to ensure the device’s performance under challenging outdoor condition. As a major next step, they are currently investing for further product development, which will involve manufacturing trials and waterproofing tests. In the long term, they aim to introduce this transformative technology to the global market, advancing working conditions for construction workers in Hong Kong and beyond.
Upon learning that AR48 has been shortlisted, Jing Hymn Joseph Wong expressed, “Being selected for the James Dyson Award Top 20 shortlist is a tremendous honor and an exciting milestone for our team. It not only validates our hard work but also fuels our drive to elevate our invention. We look forward to refining our project and proceed with further development that will bring our vision to life, thereby making a meaningful impact on worker safety and wellbeing.”
Sam Dill, Dyson Sustainability Engineer and James Dyson AwardTop 20 judgesays, “I was particularly impressed with Air Ring 48’s iterative design process. Their thorough real-world testing, physical prototyping and data collection led to continuous improvements, making their entry Top 20 worthy. They understood the other products already on the market and made sure to differentiate themselves, and were able to show tangible improvements with their product offering.”
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About the James Dyson Award
The brief Design something that solves a problem. This problem may be a frustration that we all face in daily life, or a global issue. The important thing is that the solution is effective and demonstrates considered design thinking.
The process Entries are judged first at the national level by a panel of external judges and a Dyson engineer. Each operating market awards a national winner and two national runners-up. From these winners, a panel of Dyson engineers then select an international shortlist of the top 20 entries. The top 20 projects are then reviewed by Sir James Dyson, who selects his international winners.
The prize
International winners, chosen by Sir James Dyson, awarded up to £30,000.
Each national winner receives £5,000.
Eligibility criteria Entrants must be, or have been within the last four years, enrolled for at least one semester in an undergraduate or graduate engineering/design related course. This course must be at a university in a country or region chosen to participate in the James Dyson Award.
In the case of team entries, all members must be or have been within the last four years, enrolled for at least one semester in an undergraduate or graduate programme at a university in a country or region chosen to participate in the James Dyson Award. At least one team member must have studied an eligible subject in engineering or design. Those participating in a degree level apprenticeship at Level 6 or Level 7, and those who have completed said apprenticeship in the past four years, are eligible to enter the award.
Further FAQs can be found on the James Dyson Award website.
· 2022 International winner – SmartHeal (Poland) A precise, affordable and scalable smart pH sensor for dressings, helping medical professionals to detect infection without the need to disrupt the tissue underneath the dressing by removing it.
· 2022 Sustainability winner – Polyformer (Canada) A low-cost machine that turns plastic bottles into 3D printer filament, giving makers in developing nations easier access to cheap, high-quality 3D printing materials.
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air conditioning services focusing on indoor environmental quality (IEQ). Registered with BCA and NEA, Newway SG is also the authorised dealer of reputable brands such as Daikin and Mitsubishi. 
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