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Government of Laos to Value State Assets

Mining and Hydropower, natural resources

The Government of Laos is considering engaging an international consulting firm to determine the value of state assets, particularly those pertaining to natural resources.

AIA Singapore and SMU to pilot a new Actuarial Science Work-Study Elective to support nation’s efforts in integrating university students into the wider industry, business and social ecosystem

The 20-weeks work-study elective provides actuarial science students a head start in their careers

SINGAPORE – Media OutReach – 27 June 2022 – AIA Singapore and Singapore Management University (SMU) today signed a Memorandum of Understanding (MoU) to launch the first work-study elective for Actuarial Science (ACS) students under the School of Economics.

SMU-AIA.jpg

The collaboration to provide students with valuable on-the-job training experiences in actuarial science was formalised with the signing of the MoU by Professor Hoon Hian Teck, Dean of SMU School of Economics and Ms Lee Pei Shan, Chief Actuary of AIA Singapore. The ceremony was witnessed by AIA employees, management staff from the university in the presence of the current Actuarial Science cohort, representatives from FIS, Singapore Actuarial Society, and Institute and Faculty of Actuaries as well as ACS alumnus.

“The SMU Actuarial Science programme has produced several successful actuaries since its launch, providing aspiring actuaries with a well-rounded solid foundation towards their future careers, be it in a conventional actuarial field or any fields that might require analytical skills or general business knowledge. We are delighted to be partnering with SMU to support the development of actuaries in Singapore and nurture the next generation of professionals,” said, Ms Lee Pei Shan, Chief Actuary of AIA Singapore.

The new work-study elective supports efforts by the Institute of Banking & Finance (IBF) in upskilling and transforming the workforce. As the programme’s first anchor partner, AIA Singapore aims to provide students with opportunities to develop relevant skills to thrive in this competitive and dynamic industry.

The apprenticeship will run for 20 weeks, equipping students under the new Industry Integration (II) Track in the Actuarial Science programme who are eager to pursue their professional careers in the actuarial field after graduation.

Ms Aileen Tan, Chief Human Resource Officer of AIA Singapore, said, “In today’s business environment we have had to evolve and innovate in response to technology advancement, and changing customer and distributor needs and expectations. Our actuaries have been navigating these changes and helping the company to drive growth whilst managing cost pressures. The role of our actuarial leaders is key in helping us drive this transformational change and identifying opportunities amidst all these challenges. This partnership also supports the national priority of growing our local talent pool by developing good skills and capabilities within the financial industry.”

As part of their track requirement work-study elective, selected students will get to learn industry best practices from professionals in the actuarial science department at AIA Singapore where they will be exposed to actuarial functions such as product pricing, valuation of insurance liabilities, capital management and reinsurance, gaining greater exposure to the industry and cultivating a greater understanding of real-world practices.

Highlights of the Work-Study Elective include:

  • Acquiring relevant actuarial science work experience and skills.
  • Exposure to a range of real-world actuarial practices covering product pricing, valuation of insurance liabilities and reinsurance.
  • Competitive Internship Stipends and Benefits.

This will be the first collaboration between AIA Singapore and SMU.

Professor Hoon Hian Teck, Dean of Singapore Management University (SMU) School of Economics, said, “Our curriculum constantly seeks to blend theory with the real world. This valued collaboration with AIA Singapore represents our commitment towards deepening the University’s engagement with industry, ensuring the skills gained by our students are in tune with the demands of the market. The opportunity to glean insights from AIA leaders and professionals during the programme will stand our graduates in good stead to thrive in their future careers in the actuarial field.”

Education Professor Kwong Koon Shing, Director of Actuarial Science Programme, Singapore Management University (SMU) School of Economics said, “As one of the leading insurance companies in Singapore, AIA Singapore takes on the social responsibility for providing practical training to the next generation of actuaries. We are highly honoured to partner AIA Singapore to launch this elective which interlaces academic learning with structured on-the-job training. Under this collaboration, SMU students will gain higher exposure to insurance industry, better connections, and more practical working experience before starting their careers.”

AIA Singapore is committed to being an employer of choice and is constantly investing in employee-first initiatives, fostering growth and nurturing an inclusive culture to provide employees with opportunities to grow. The insurer was recently ranked amongst LinkedIn’s Top Companies in Singapore for 2022 and has also won the prestigious Best Employee Insurance Provider (Gold) Award presented by HR Vendors of the Year for the 16th consecutive year, reinforcing its leadership position in protecting the holistic health and wellness needs of its employees as well as the Singapore workforce.

Actuarial Science students from SMU can register their interest with their professors, applications will open in August 2022. For more information on the work-study programme, please contact undergrad_econs@smu.edu.sg.

About AIA

AIA Group Limited and its subsidiaries (collectively “AIA” or the “Group”) comprise the largest independent publicly listed pan-Asian life insurance group. It has a presence in 18 markets – wholly-owned branches and subsidiaries in Mainland China, Hong Kong SAR(1), Thailand, Singapore, Malaysia, Australia, Cambodia, Indonesia, Myanmar, New Zealand, the Philippines, South Korea, Sri Lanka, Taiwan (China), Vietnam, Brunei and Macau SAR(2), and a 49 per cent joint venture in India.

The business that is now AIA was first established in Shanghai more than a century ago in 1919. It is a market leader in Asia (ex-Japan) based on life insurance premiums and holds leading positions across the majority of its markets. It had total assets of US$340 billion as of 31 December 2021.

AIA meets the long-term savings and protection needs of individuals by offering a range of products and services including life insurance, accident and health insurance and savings plans. The Group also provides employee benefits, credit life and pension services to corporate clients. Through an extensive network of agents, partners and employees across Asia, AIA serves the holders of more than 39 million individual policies and over 16 million participating members of group insurance schemes.

AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock code “1299” with American Depositary Receipts (Level 1) traded on the over-the-counter market (ticker symbol: “AAGIY”).

Notes:
1. Hong Kong SAR refers to Hong Kong Special Administrative Region.
2. Macau SAR refers to Macau Special Administrative Region.

#AIASingapore

Fynance Launches Its Pay Later Services for Supply Chain Financing

KUALA LUMPUR, MALAYSIA – Media OutReach – 27 June 2022 – Supply chain financing company Fynance has launched its Pay Later service that addresses the financing needs of SMEs, private companies, and sole proprietors in Malaysia.

Fynance is a recently launched supply chain financing company with the vision to help small to medium businesses grow their company through their innovative way of providing cash flow.

Maintaining a healthy cash flow is one of the top challenges for small and growing businesses in Malaysia. Companies juggle cash from customers to pay for stock, employees, and expenses. In many cases, money from profits is insufficient to reinvest and grow the businesses further while settling outstanding payments.

This vision behind Fynance was inspired by the experiences of Fynance co-founder Samuel Wong. During his time in the United States, Wong started several businesses there with the assistance of similar financing companies targeted at empowering businesses and other financial startups with improved cash flow sustainability.

When Wong moved back to Malaysia, he wanted to give businesses locally the same opportunities that were available to him in the US. He aimed to create something fast and efficient so that cash is readily available to businesses, allowing them to leverage on business opportunities instead of turning them down due to cash flow limitations.

The benefits of Fynance Pay Later solutions may vary from business to business. For example, some businesses may require the liquidity to invest in more stock, whereas others may need the extra cash to invest in machinery to produce more efficiently.

To apply for the Pay Later financing, businesses simply need to sign up on our platform via our website fynance.io and upload some financial documentation and company details. The Fynance team will then determine how much of their invoices from suppliers we are willing to fund after we do our credit checks. Upon approval, businesses can then utilize the service to pay their suppliers and gradually settle their repayment with Fynance in flexible installments.

Fynance Pay Later also gives registered suppliers the option of selling us their receivables so they can have access to cash instantly.

To learn more or sign up for Fynance Pay Later, head to their website, fynance.io.

ABOUT FYNANCE

Fynance is a technology-focused supply chain financing company with an innovative way of funding our clients to enable them to maximize their cash flow. Supply chain financing is a term that describes a third party facilitating an exchange between a buyer and seller by paying the seller on behalf of the customer.

#Fynance

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

P2E.Game, the one-stop GameFi and NFT information aggregation platform, will soon launch a DAO-driven governing and SocialFi system

CALIFORNIA, UNITED STATES – Media OutReach – 27 June 2022 – P2E.Game announced in its roadmap that it will launch a DAO-driven governing and SocialFi system in Q3, ensuring users have access to data ownership, rights of revenue distribution, and giving value to users’ behavior across all platforms. Also conducting self-governance in the form of a DAO to ensure fairness, justice, and openness.

Since Musk announced his acquisition of Twitter, there are more ventures have announced their entrance into the Web3.0 social platform, using blockchain to empower social media platforms to achieve autonomous self-governance, allowing users to take ownership of data.

Through the four major sections of Launchpad, Game Library, NFT Aggregator, and News Section, P2E.Game has accumulated over 100,000 users in one month. The proposal of SocialFi gives users more rights to make a profit, builds the platform into a player-led DAO, and creates a comprehensive, multi-dimensional NFT and GameFi aggregation platform.

P2E.Game launches its multilingual website, including German, Spanish, Japanese, Korean, Russian, Turkish, Vietnamese, and Chinese, covering Europe, Asia, the Middle East, and the Americas, in order to build a localized community and adapt to different countries’ cultures and user habits.

On P2E.Game, users could effortlessly find the scores and comparison of different GameFi launchpads in terms of ROI or quality of projects, which saves plenty of time switching between various platforms. The requirements of entry and the time period during which to participate are also provided so that users can track the best chance to earn from IDO with more accurate and comprehensive information.

Moreover, in the Game Library on P2E.Game, users would find games based on their market performance, project progress, social score, and other indispensable factors to determine whether a project is worthy of attention.

In the NFT Aggregator section, users can find popular collections, new listings, and upcoming events. By clicking, users would be directly channeled to the platforms to mint NFTs.

In the News section, users could learn about what is happening in the GameFi track, whether it is a new investment event or a public test that a project is conducting.

P2E.Game, the one-stop information aggregation platform for GameFi and NFT, has launched the News section

CALIFORNIA, UNITED STATES – Media OutReach – 27 June 2022 – P2E.Game, the one-stop GameFi and NFT Information Aggregation Platform, has officially launched the Beta version and updated the News section.

P2E.Game has rolled out important news and selected reports on GameFi and NFT tracks, so to make sure players have access to the most valuable information on the market in a short time whether a new investment event or a public test that a project is conducting.

In the News section, players can directly judge the popularity of the project from the Like of each news, saving inefficient browsing time, learning and joining in new projects on time, acquiring accurate market information, and receiving information about whitelist and airdrop of potential GameFi projects.

In the past 6 months, P2E.Game has launched four sections, Launchpad, Game Library, NFT Aggregator, and News, aiming to present to both gamers and crypto investors as the “Best GameFi and NFT Gem Tracker”, and opened up the Web3.0 era with GameFi and NFT.

P2E.Game is about to build DAO by aggregating players, projects, communities, media, institution investors and other participants.

On the roadmap, P2E.Game is running global airdrop activities in Q3 to expand P2E ecology. P2E.Game has achieved the accumulation of 100,000 seed users. Through DAO economy combined with the SocialFi model, each player can participate in the platform and become the owner of the platform.

P2E.Game has launched the innovative E2E Product to help projects find their targeted customers by bonding projects with users through a more effective Web3-sense of marketing.

P2E.Game has launched Launchpad Gallery that users could effortlessly find the scores and comparison of different GameFi launchpads in terms of ROI or quality of projects, which saves plenty of time switching between various platforms. The requirements of entry and the time period during which to participate are also provided so that users could timely track the best chance to earn from IDO with more accurate and comprehensive information.

P2E.Game is built by players, committing to creating a one-stop GameFi and NFT information platform and a Web3.0 portal.

#P2E.Game

UN Concerned After Aung San Suu Kyi Placed in Solitary Confinement

Aung San Suu Kyi
Ousted Myanmar leader Aung San Suu Kyi has been moved from house arrest to solitary confinement in a prison compound in the military-built capital Naypyidaw, a junta spokesman said on June 23, 2022. - AFP

Myanmar’s military government has confirmed that ousted leader Aung San Suu Kyi has been moved to a prison compound in quarters separate from other detainees.

P2E.Game, a one-stop GameFi and NFT Information Aggregation Platform, has launched the Launchpad aggregation Section

CALIFORNIA, UNITED STATES – Media OutReach – 27 June 2022 – P2E.Game, the One-stop GameFi and NFT Information Aggregation Platform, has recently launched Beta Version and the optimized Launchpad section. Regardless of the scale, blockchain games need to be launched from the launchpad. P2E.Game developed an AI algorithm combining with big data intelligent model, focusing on displaying platform token price, market value, TVL, transaction volume, IDO projects number and ROI. The information helps players to discover quality launchpads, collections of launched projects and comparisons of price performance of previous launched projects, and provides information on the date and threshold of participation in IDO.

The core team of P2E.Game consists of long-term GameFi players, professional investors and senior blockchain engineers. By combining Web3.0, Blockchain underlying technology and GameFi, the team introduces a one-stop GameFi and NFT information platform that integrates Launchpad, Game library, NFT aggregator and News to provide players with comprehensive guidance and the latest news, building a win-win ecology for all three parties of platform, players and projects.

For projects, P2E.Game launches E2E (Email To Earn) product to connect projects with users through a more effective Web3-sense of marketing. Thus, more capital on projects can be attracted to ecological construction, promoting the Launchpad to teach potential players and build a sizable player pool, and providing another channel for Launchpad to maintain player loyalty. For players, they have access to the global GameFi community where they can share insights, and engage all members in community governance and development in the form of DAO autonomous communities.

P2E.Game presents a panoramic view of launchpads such as token prices, market cap, TVL, trading volume, IDO projects number, and ROI. That information could help players to find the most promising launchpad and projects launched, which can save users plenty of time by avoiding switching between various platforms.

P2E.Game has also launched Spotlight section to help investors and players to find upcoming GameFi projects with information on date range, entry price, and total raise number. The platform also introduces a P2E score based on a specific algorithm that indicates whether a project is of high quality or not. For fresh players, P2E.Game also has a Getting Started Section where they can find a lot of useful advice about GameFi and NFT in the least amount of time.

#P2E.Game

AIA Launches Healthiest Schools Programme To Help Young People Live Healthier, Longer, Better Lives

HONG KONG SAR – Media OutReach – 27 June 2022 – AIA Group Limited (“AIA” or the “Group”; stock code: 1299) is delighted to launch the AIA Healthiest Schools programme. The programme will contribute to AIA’s Purpose to help millions of people live Healthier, Longer, Better Lives and make a wider positive impact on communities across Asia.

The AIA Healthiest Schools programme is aligned with AIA’s Environmental, Social and Governance (ESG) strategy and will encourage healthy living habits among students aged five to 16 by promoting healthy eating, active lifestyles, mental wellbeing, as well as health and sustainability in schools. According to the World Health Organisation (WHO), children today face a host of new threats linked to unhealthy lifestyles and diets, climate change, pollution, injury, violence and inequality. WHO research shows that investing in children’s health, education and wellbeing brings substantial returns for societies.

In February this year, AIA set an ambition to engage a billion people to live Healthier, Longer, Better Lives by 2030 through the AIA One Billion initiative. The AIA Healthiest Schools programme will contribute to this goal as it engages, inspires and educates communities to lead healthier lifestyles.

Lee Yuan Siong, AIA Group Chief Executive and President, said, “Helping people live Healthier, Longer, Better Lives guides everything that we do. Through the power of education, the AIA Healthiest Schools programme will instil healthy behaviours in young people at an early age and bring lasting change to improve the health and wellness of our next generation.”

AIA has partnered with education specialist, EVERFI, to design the AIA Healthiest Schools programme. In May this year, EVERFI conducted research amongst 800 teachers across Australia, Hong Kong, Thailand and Vietnam. It found that 89% of teachers agree that there is a need for more resources and education that takes a holistic health approach encompassing physical, mental and environmental wellness. 87% of teachers also indicated that the pandemic has had a negative impact on students’ mental health.

The programme will comprise a competition to motivate participating schools to showcase their impact and success in driving better health outcomes amongst students. The competition will also serve as a platform for schools to build communities that share best practices and spark innovative ideas around promoting health and wellness. Winning schools across the region will be rewarded with world-class equipment, resources and access to expert advice which will address the most pressing challenges identified by individual schools and communities. These prizes will accelerate their health initiatives and instil a strong foundation for sustainable healthy living.

The AIA Healthiest Schools programme will provide teachers with free, engaging curriculum-linked resources that can be easily adapted into existing teaching plans. Developed by educators, these resources will enable teachers to effectively engage their students in efforts to improve the health and wellbeing of the whole school community. AIA is the Global Principal Partner of Tottenham Hotspur Football Club, the club along with AIA’s ambassadors across the region will share personal wellbeing advice and practical healthy living content to inspire students and schools into action.

The AIA Healthiest Schools programme will be available in primary and secondary schools during the 2022/2023 academic year in Australia, Hong Kong (primary schools only), Thailand and Vietnam, with the aim to expand its reach across AIA’s other markets in Asia. Find out more details and register by visiting www.ahs.aia.com.

Notes:

  • Hong Kong SAR refers to the Hong Kong Special Administrative Region.
  • Macau SAR refers to the Macau Special Administrative Region.

About AIA

AIA Group Limited and its subsidiaries (collectively “AIA” or the “Group”) comprise the largest independent publicly listed pan-Asian life insurance group. It has a presence in 18 markets – wholly-owned branches and subsidiaries in Mainland China, Hong Kong SAR(1), Thailand, Singapore, Malaysia, Australia, Cambodia, Indonesia, Myanmar, New Zealand, the Philippines, South Korea, Sri Lanka, Taiwan (China), Vietnam, Brunei and Macau SAR(2), and a 49 per cent joint venture in India.

The business that is now AIA was first established in Shanghai more than a century ago in 1919. It is a market leader in Asia (ex-Japan) based on life insurance premiums and holds leading positions across the majority of its markets. It had total assets of US$340 billion as of 31 December 2021.

AIA meets the long-term savings and protection needs of individuals by offering a range of products and services including life insurance, accident and health insurance and savings plans. The Group also provides employee benefits, credit life and pension services to corporate clients. Through an extensive network of agents, partners and employees across Asia, AIA serves the holders of more than 39 million individual policies and over 16 million participating members of group insurance schemes.

AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock code “1299” with American Depositary Receipts (Level 1) traded on the over-the-counter market (ticker symbol: “AAGIY”).

#AIAGroup