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Bybit Unveils Elite Wealth Management to Elevate User’s Crypto Portfolios

DUBAI, UNITED ARAB EMIRATES – Media OutReach – 8 August 2023 – Bybit, one of CoinGecko’s top five most trusted crypto exchanges, is delighted to announce the launch of its Wealth Management product. Designed to cater to the needs of discerning investors, Bybit’s Wealth Management offers personalized solutions and attractive returns with minimized risk.

Bybit’s Wealth Management aims to deliver consistent returns through cutting-edge strategies and robust risk management, regardless of market conditions. It features tailored products, which address individual goals and risk tolerances, allowing investors to chart their unique paths to success.

Recognizing the importance of safeguarding capital, Bybit’s Wealth Management employs a low-risk approach, providing users with a secure environment for long-term growth. Launching in two phases, the Fund Pool is the first step, offering access to diversified assets managed by industry experts. Following this, Bybit will introduce Structured Products, expanding investment horizons for its users.

Bybit’s Wealth Management provides various asset growth methods, empowering investors to navigate the dynamic crypto market confidently. Wealth Management is an inclusive platform accessible to all users and also provides unparalleled benefits to high-net-worth individuals through its VIP system.

“We are thrilled to introduce Bybit’s Wealth Management, a product that embodies sophistication and prudence in the crypto investment space,” said Ben Zhou, co-founder and CEO. “With tailored options, stable returns, and low-risk strategies, our Wealth Management product offers seamless access to the exponential opportunities in the crypto market.”

Bybit’s Wealth Management also opens doors for potential collaborations with institutions, inviting industry players to explore strategic partnerships and collectively contribute to developing the crypto investment landscape.

Hashtag: #Bybit #TheCryptoArk

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

About Bybit

Bybit is a top-five cryptocurrency exchange established in 2018 that offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

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Foreign Tourist Gets Assaulted, Robbed in Champasack, Sustains Minor Injury

Foreign Tourist Assaulted, Robbed in Champasack, Sustained Minor Injury
The crime scene where the foreign tourist was assaulted and robbed (photo: Sophana Tsv)

A foreign tourist was robbed and assaulted while cycling along the Pakse-Phonthong bridge in Phonthong District, Champasack Province on Monday.

Accidental Discovery Sees Use of Bacteria in Fight Against Malaria

Accidental Discovery Sees Use of Bacteria in Fight Against Malaria
Woman putting up a mosquito net at a house in Attapeu. (Photo: WHO)

Scientists working at the GSK pharmaceutical company in Spain have made the surprise discovery of a naturally occurring strain of bacteria that can help stop the transmission of malaria from mosquitoes to humans.

Tradewind Finance Provides Export Factoring Facility for Frozen Seafood Trader in Hong Kong

HONG KONG SAR – Media OutReach – 8 August 2023 – Tradewind Finance is pleased to announce it has closed a USD 700,000 export factoring facility for a frozen seafood trader in Hong Kong. The funding has been used to finance the company’s business operations and expansion plans, including their exports to buyers in the US and South America.

The Latin American frozen seafood market is estimated to continue its growth in the coming years, based on MarketDataForecast. And the main motivating factor is rising urbanization, which has stimulated the demand for convenient food products in this area.

With over 10 years of experience in the seafood business, the seafood trader generally sources products from mainland China and then exports them overseas. Though most transactions required T/T before shipment, some buyers requested open account terms with a 90-day credit period. As a result, their growth was hindered because of a lack of working capital.

In order to ease their tight cash flow, the company contacted Tradewind for the alternative finance provider’s tailor-made export finance products. The scalable non-recourse factoring solution met the exporter’s working capital demands, which had not been supported by bank financing in the past.

With the funding of USD 700,000 and credit protection, they were able to free up their cash flow, take advantage of new business opportunities, and continue to succeed in the competitive seafood market. Going forward, the trader can focus on their sales volume without worrying about having enough working capital on hand, especially when more buyers request extended payment terms.

“Though it was the first time the client used an export factoring service, they were able to get better control over their finances this way. They also plan to apply for an increase in their factoring facility after becoming more familiar with our services,” said Dickson Au, Regional CEO – Far East, at Tradewind Hong Kong, “We are committed to providing suitable and innovative financial solutions to companies looking to increase exports, accelerate cash flow and achieve their growth goals.”

Hashtag: #tradewindfinance

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

Tradewind Finance

Founded in 2000, maintains a network of offices all over the world, including Bangladesh, Brazil, Bulgaria, China, Hong Kong SAR, Hungary, India, Pakistan, Peru, Turkey, UAE, and the USA as well as the headquarters in Germany. Combining financing, credit protection, and collections into a single suite of trade finance products, Tradewind brings streamlined, flexible, and best-in-class services to the world’s exporters and importers.

Schneider Electric Sustainability Impact program reaches midterm milestone

  • Notable progress made with climate solutions, circularity initiatives and Access to Energy programs
  • Acceleration of sustainable supply chain activities expected in second half of program

HONG KONG SAR – Media Outreach – 8 August 2023 – Schneider Electric, the leader in the digital transformation of energy management and automation, today published details of its quarterly sustainability impact performance, alongside its half-year financial results.

SSI Q2 2023.PNG.png

At the end of this quarter, the company is halfway through its Environmental, Social and Governance (ESG) program spanning 2021-2025. By measuring and disclosing progress every few months, Schneider Electric ensures a constant, enterprise-wide focus on meeting the program’s 11 global and close to 200 local targets.

The first two and a half years of the program were marked by substantial expansion of its initiatives to provide access to clean and reliable energy, notably in India. The steady growth of impact revenues and continued efforts to save and avoid customers’ CO2 emissions have also contributed to the progress made so far.

Following the structuring and deployment of tracks related to supply chain engagement, results are starting to show on sustainable packaging and materials and the reduction of top suppliers’ emissions. With the addition of its decent work initiative, Schneider Electric expects to accelerate its comprehensive sustainable value chain efforts from here on in.

Our sustainability impact initiatives are transformative, not quick wins. While some require longer to ramp up, we expect them to deliver significant results in the second half of the program,” said Gwenaelle Avice-Huet, Schneider Electric’s Chief Strategy & Sustainability Officer. “With only two and a half years left to reach our climate and social ambitions, we need to stay focused and mobilized to live up to our impact company principles: doing well to do good, and vice versa, and bringing everyone along on this journey too.”

Key second-quarter ESG highlights:

  • Received 11 iF Design Awards for our products dedicated to energy efficiency and circularity,
  • Ranked #1 on the Gartner Supply Chain Top 25 for 2023 after eight consecutive years on the list,
  • Partnering with governments and CEOs on the Versailles 10×10 action plan to double the rate of energy efficiency improvements by 2030 at the International Energy Agency’s (IEA) annual global conference,
  • 97.67% of shareholders supported Schneider Electric’s decarbonization plan in the first Say on Climate motion,
  • Recognized by the 2023 Transparency Awards, with a special prize for high-quality ESG information,
  • Certified by the Fair Wage Network for ensuring all employees are valued and compensated fairly for their work.

At the end of the quarter, the overall Schneider Electric Sustainability Impact (SSI) score came in at 5.28, on track to reach the 2023 end-year target of 6 out of 10.

Related resources:

Hashtag: #ESG #Impactcompany



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

About Schneider Electric

Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.

Our mission is to be your digital partner for Sustainability and Efficiency.

We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.

We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.

Discover the newest perspectives shaping sustainability, electricity 4.0, and next generation automation on .

Social Media Users Doubt Authenticity of Lao Participant in Viral Video

Social Media Users Doubt Authenticity of Lao Participant in Viral Video
Participants on the World Friends Video. (Photo: WorldFriends)

Netpie? McDonut? Never heard these words before? You, like many others, might think that a woman posing as a Lao citizen in a video published by the Facebook page World Friends may not be Lao at all.

Landslides on Route 8A in Laos Leave 110 Vehicles, 70 People Stranded

110 vehicles were stranded on road 8A between Khammouane and Bolikhamxay provinces due to landslides caused by heavy rains. (Photo: Lao Security News)

Severe landslides on route 8A between Khammouane and Bolikhamxay provinces have blocked the road for nearly 10 kilometers, leaving 110 vehicles and more than 70 people stranded.

Will Field to Rejoin Chubb as Head of Casualty, Asia

SINGAPORE – Media OutReach – 8 August 2023 – Chubb announced today that Will Field will rejoin the company in Q1 2024 as the Head of Casualty, Asia. In this key role, Field will have responsibility for the management and performance of the company’s Casualty portfolio across Asia.

Based in Singapore, Field will report to Chris Gough who was recently promoted to the Head of Property & Casualty, Asia.

With almost 20 years’ experience, Field started his career as a commercial and insurance lawyer. He joined ACE in 2010 and worked with ACE and Chubb for 12 years in senior claims management roles, including Claims Manager, Casualty & Multinational, Asia Pacific and Head of Claims, Singapore. Most recently, Field was the Head of Claims in Asia Pacific for Everest.

On announcing Field’s appointment, Gough said, “We are delighted to welcome Will back to Chubb – his technical knowhow and understanding of the legal environment across the region, coupled with his commitment to delivering superior customer service make him the ideal person to lead our growing Casualty portfolio in Asia.”

Hashtag: #Chubb

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

About Chubb

Chubb is the world’s largest publicly traded property and casualty insurance company. 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 approximately 40,000 people worldwide. Additional information can be found at: .