China and Laos have attained two-way transmission of power for the first time since a grid link project between the two countries was initiated 12 years ago.
Nam Tha 1 Hydropower Station Successfully Sends Power to China
Bybit Launches Grid Trading Bot
HONG KONG SAR – Media OutReach – 22 June 2022 – Bybit, one of the world’s fastest growing cryptocurrency exchanges, has announced the launch of its grid trading bot.
Bybit’s new grid trading functionalities will be available to all registered users on June 20. Bybit users will be able to utilize the grid trading bot to automate their buy and sell orders and adjust their investment amount.
By executing low purchase orders that lead to high sell orders during a lateral price movement, the system ensures profitability each time the sale price exceeds the purchase price, thus eliminating the need for market forecasting. It is based on the trading principle of buying at a low price and selling at a higher price to earn the difference, and it is considered most effective and best suited for markets that experience regular price fluctuations.
Bybit provides smart AI parameters for each trading pair available on the bot. The parameters are developed and maintained by quantitative specialists to maximize profits for our users. Once a user has set up their trading bot and is earning a good return, they can share their strategy with a fellow trader with the click of a button.
Building onto Bybit’s VIP program that provides regular users reduced trading fees as well as discounts, a $500K prize pool, and real-life meet ups, VIP users can enjoy the same trading discounts using the new bots, while those on track to becoming VIPs can more quickly advance their level thanks to the bot’s higher trading frequency.
Enhancing Grid Trading With World Class Liquidity and Reliability
Bybit has proven itself to be the most reliable, stable and usable cryptocurrency exchange of the crypto bull run in 2021, offering the best liquidity and spread. Unique among major exchanges, Bybit experienced a 99.99% up rate throughout the year with no overload nor downtime throughout with its robust 100K TPS matching engine.
Liquidity is arguably the be-all and end-all attribute for asset exchanges. Bybit’s derivatives trading platform has the world’s best liquidity and tightest spread. Traders can manage risks and safeguard themselves against excessive losses with multi-layered liquidation protocols to ensure safety and fairness across all Bybit trades every step of the way, ensuring them the best quote and best execution in the market even during extreme volatility.
Bybit’s retail focused products and customer support focused services will help lower the entry threshold to crypto trading to a host of users around the world, allowing them to seamlessly enjoy the immediate delivery of crypto trades.
“Grid trading has been around for quite some time, and is a proven and profitable trading methodology especially for a market as fluid as crypto,” said Ben Zhou, co-founder and CEO of Bybit. “At Bybit, we are always on the lookout for products and services that can help our users capitalize on the bull run and on the emerging digital asset class with ease and confidence. We are convinced that our users will be as excited about grid trading as we are in rolling it out for them.”
About Bybit
Bybit is a cryptocurrency exchange established in March 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. The company provides innovative online spot and derivatives trading services, mining and staking products, an NFT marketplace as well as API support, to retail and institutional clients around the world, and strives to be the most reliable exchange for the emerging digital asset class. Bybit is a proud partner of Formula One racing team, Oracle Red Bull Racing, esports teams NAVI, Astralis, Alliance, Virtus.pro and Oracle Red Bull Racing Esports, and association football (soccer) teams Borussia Dortmund and Avispa Fukuoka.
For more information please visit:
https://www.bybit.com
For updates, please follow Bybit’s social media platforms on
https://discord.com/invite/bybit
https://www.facebook.com/Bybit
https://www.instagram.com/bybit_official/
https://www.linkedin.com/company/bybitexchange/
https://www.reddit.com/r/Bybit/
https://t.me/BybitEnglish
https://www.tiktok.com/@bybit_official
https://twitter.com/Bybit_Official
https://www.youtube.com/c/Bybit
#Bybit
EVYD Technology opens new EVYD Campus in Jerudong and celebrates its second anniversary
- 100,000 sq ft facility will enhance research and technological capabilities, grow collaborations with academic institutions
- Her Royal Highness Yang Teramat Mulia Pengiran Anak Muneerah Madhul Bolkiah binti Duli Yang Teramat Mulia Paduka Seri Pengiran Muda Mahkota Pengiran Muda Haji Al-Muhtadee Billah gifts painting to commemorate company’s second anniversary and success of BruHealth
BANDAR SERI BEGAWAN, BRUNEI – Media OutReach – 22 June 2022 – EVYD Technology is pleased to officially open its new global campus in Jerudong, Brunei, and celebrate its second anniversary recently. The campus is spread out across slightly more than 100,000 sq ft – about the size of 1.5 football fields – over four floors. It will enable the company to enhance its research and technological capabilities as well as grow its collaborations with academic institutions.
Dato Seri Setia Dr Haji Mohd Amin Liew bin Abdullah (fourth from left), Minister at the Prime Minister’s Office, Minister of Finance and Economy II, Chairman of the Brunei Investment Authority (BIA) and Chairman of EVYD Technology; Haji Sofian bin Mohammad Jani (second from left), Acting Managing Director of BIA; Mr Chua Ming Jie (first from right), CEO of EVYD Technology; with other Brunei Ministers and key government officials and EVYD management at the official opening of EVYD Campus in Jerudong, Brunei.
The official opening of the EVYD Campus and celebration of the company’s second anniversary was attended by Dato Seri Setia Dr Haji Mohd Amin Liew bin Abdullah, Minister at the Prime Minister’s Office, Minister of Finance and Economy II, Chairman of the Brunei Investment Agency (BIA) and Chairman of EVYD Technology; Dato Seri Setia Dr Haji Md. Isham bin Haji Jaafar, Minister of Health; Haji Khairuddin bin Haji Abdul Hamid, Deputy Minister of Finance and Economy; Pengiran Hajah Zety Sufina binti Pengiran Dato Paduka Haji Sani, Deputy Minister of Finance and Economy; Haji Sofian bin Mohammad Jani, Acting Managing Director (MD) of BIA; and Permanent Secretaries and Deputy Permanent Secretaries of the Brunei Ministry of Health and Ministry of Finance and Economy.
(From left to right) Haji Sofian bin Mohammad Jani, Acting Managing Director of the Brunei Investment Agency (BIA); Dato Seri Setia Dr Haji Mohd Amin Liew bin Abdullah, Minister at the Prime Minister’s Office, Minister of Finance and Economy II, Chairman of BIA and Chairman of EVYD Technology; and Mr Chua Ming Jie, CEO of EVYD Technology, cutting the ribbon to officially open EVYD Campus in Jerudong, Brunei.
Dato Seri Setia Dr Haji Mohd Amin Liew bin Abdullah, Minister in the Prime Minister’s Office, Minister of Finance and Economy II, Chairman of BIA and Chairman of EVYD Technology, said: “EVYD Technology is a company that has a strong and clear mission ingrained in its DNA right from the very start. As EVYD continues to develop new technologies, refine our current technologies and aggregate more data across our increasing roster of clients and partners, we get closer to achieving a future where value-based outcome is made possible. EVYD has a clear role to play in optimizing the world’s healthcare systems and mitigating unsustainable cost increases. This is our company’s purpose and our north star.”
Her Royal Highness Yang Teramat Mulia Pengiran Anak Muneerah Madhul Bolkiah binti Duli Yang Teramat Mulia Paduka Seri Pengiran Muda Mahkota Pengiran Muda Haji Al-Muhtadee Billah and Mr Chua Ming Jie, CEO of EVYD Technology, with the painting that the princess painted and gifted to the company.
“As EVYD accelerates our global expansion, we will continue to develop the competencies and capabilities in Brunei. The establishment of EVYD Campus in Jerudong is yet another concrete testament to our commitment to develop the local health and technology ecosystem, and to the wider community,” he added.
Mr Chua Ming Jie, CEO of EVYD Technology, said: “EVYD Technology is pleased to open our new campus in Jerudong, and to celebrate our second anniversary in Brunei. This state-of-the-art facility is the physical manifestation of our growth in Brunei so far, as well as of our commitment to further expand to serve the global markets. It will enable us to grow our research and technological capabilities, as well as further collaborations with leading research institutions in the region. We also hope to make this a place for the people by hosting regular community outreach and education programmes, especially in the area of digital health.”
Haji Sofian bin Mohammad Jani, Acting MD of BIA, said: “BIA has always believed in a purpose, mission and values alignment with all of our portfolio companies and strategic partnerships. As a strategic, long-term investor, BIA believes that the healthcare sector offers great potential for value creation given its acknowledged systemic issues. We acknowledge it will take time, collaboration and innovation to realize this value. We envision that the pathway to create this value is through an underlying platform that connects healthcare stakeholders to facilitate a more efficient exchange and analysis of information and data to drive better healthcare outcomes for all.”
“At BIA, we are very optimistic about the growth potential of EVYD in the region and beyond. I am happy to note that EVYD has expanded to other countries, including Singapore and now the US. And that it continues to look at even more countries to grow its business. BIA is proud to be an investor, and we look forward to growing our partnership with EVYD from strength to strength,” he added.
To commemorate the occasion and the success of BruHealth, a national health app co-developed by the Ministry of Health and EVYD Technology, the company was gifted a painting painted by Her Royal Highness Yang Teramat Mulia Pengiran Anak Muneerah Madhul Bolkiah binti Duli Yang Teramat Mulia Paduka Seri Pengiran Muda Mahkota Pengiran Muda Haji Al-Muhtadee Billah – elder daughter of the Crown Prince of Brunei.
“With this painting, I wish for EVYD in Brunei beautiful beginnings, purity, good luck and strength,” Her Royal Highness said.
About EVYD Technology
EVYD Technology is a healthcare artificial intelligence (AI) and Big Data company with the mission to transform healthcare using data intelligence. Its solutions enable value-based healthcare that is safer, better and more accessible for global communities. It offers solutions to policymakers to enhance public health monitoring, generate insights for policymaking and implement initiatives such as value-based healthcare and population health management. It also offers solutions to the research community to enhance the efficiency and quality of their research, from which insights generated could be leveraged to benefit the broader ecosystem. The company’s flagship EVYDENCE operating platform aggregates raw data that reside in disparate information systems and convert them into computable, structured and standardised data so that they could be further processed to derive deep insights and knowledge using natural language processing, machine learning and other AI technologies. EVYD Technology is a Brunei Investment Agency investee company.
For more information, visit 
https://www.evydtech.com
#EVYDTechnology
Prudential poll: The Great Resignation sees 1 in 5 Singapore residents delaying retirement by 6 years
44 per cent of respondents are unprepared for retirement, and over 80 per cent are concerned about the increasing cost of living and healthcare expenses
SINGAPORE – Media OutReach – 22 June 2022 – One in five Singapore residents caught in The Great Resignation wave said it has impacted their plans to retire. They expect to push back their retirement from age 58 to 64, six years later than planned. These findings were from a poll commissioned by Prudential Singapore (“Prudential”) in April 2022, to explore the impact of The Great Resignation on retirement and financial planning among Singapore residents who had resigned or intended to leave their jobs.
The poll also found that almost half of the 1,000 respondents (44 per cent) aged 25 to 50 are unprepared for retirement, with those aged 25 to 34 making up 47 per cent of this group. More than 8 in 10 respondents are worried about the increasing cost of living due to inflation (84 per cent) and rising healthcare expenses (81 per cent).
Why are people still leaving or planning to leave their jobs despite the adverse financial implications? One in two (52 per cent) of those who have resigned said they no longer felt engaged at work. Other factors include seeking better career prospects (38 per cent), taking a break for mental wellness (34 per cent) and toxic work environments (34 per cent).
Mr Dennis Tan, Prudential Singapore’s CEO, said to fully enjoy and reap the benefits of a career break, one needs to plan for it financially.
“Many people leave their jobs to recharge and rejuvenate. However, without proper financial planning, a career break can result in greater stress and adversely impact one’s retirement plans. It is concerning that nearly one in two respondents are unprepared for retirement. With rising lifespans, Singaporeans need to accumulate an even bigger nest-egg so as not to outlive their savings,” said Mr Tan.
The silver lining is that people are taking responsible actions to manage the financial impact of their career breaks. One in two respondents would cut their spending by 31 per cent every month, while 6 in 10 respondents (64 per cent) would adjust their lifestyles by dining out, shopping, and watching movies less frequently. Slightly over half of the respondents (51 per cent) said they would take fewer taxi or private hire vehicles.
Preparing for retirement
When it comes to funding for retirement, Singaporeans mainly depend on Central Provident Fund (“CPF”) and bank savings, as evidenced by findings in the poll. More than 7 in 10 respondents (73 per cent) listed CPF savings as their top source of retirement income.
The difference between those who are prepared for retirement and those who are not lies in the diversification of their financial portfolio.
68 per cent of people who are confident of having enough to retire said they invested in shares, bonds and Exchange Trade Funds (“ETFs”), and 46 per cent have insurance. On the other hand, only half of the people who are unprepared for retirement have investments, while 36 per cent have insurance.
Commenting on the importance of diversification, Mr Tan said, “Putting your money in different financial instruments, instead of only relying on savings, is important for retirement planning. Diversifying your portfolio also helps spread risk and smooth out volatilities during challenging market conditions. Regardless of how you plan, it is important to start planning early so you have a longer runway to grow your retirement funds.”
The poll was commissioned by Prudential and conducted by Milieu Insight.
About Prudential Assurance Company Singapore (Pte) Ltd (Prudential Singapore)
Prudential Assurance Company Singapore (Pte) Ltd is one of the top life insurance companies in Singapore, serving the financial and protection needs of the country’s citizens for 91 years. The company has an AA- Financial Strength Rating from leading credit rating agency Standard & Poor’s, with S$53.3 billion funds under management as at 31 December 2021. It delivers a suite of well-rounded product offerings in Protection, Savings and Investment through multiple distribution channels including a network of more than 5,000 financial consultants.
#PrudentialSingapore
Laos to Restrict Development on Agricultural Land
Laos plans to restrict development on agricultural land to avoid potential food shortages in the future.
WCS Discovers Endangered Siamese Crocodile Eggs
Wildlife Conservation Society (WCS) and a local team have discovered crocodile eggs from a rare and endangered crocodile mother in the Xe Champhone Ramsar Wetlands of Savannakhet.
Singapore Hungry for Electricity from Laos
Laos will shortly begin supplying Singapore with electricity under the Laos-Thailand-Malaysia-Singapore Power Integration Project (LTMS-PIP).
Microsoft launches APAC Enabler Mentorship Program in nine countries
The program connects People with Disabilities, non-profits and businesses with career coaching, mentors, and job matching. The Microsoft APAC Enabler Program has also expanded to Indonesia, Malaysia, Nepal, and welcomes regional partners: SAP and Infosys.
SINGAPORE – Media OutReach – 22 June 2022 – Microsoft incubated and launched the APAC Enabler Program in 2020, a global first for the company that focused on improving the employability of people with disabilities (PwDs) in Asia Pacific (APAC).
Today, Microsoft is proud to announce an expansion of this strategy, with the launch of the APAC Enabler Mentorship program. PwDs will receive career coaching, paired with a relevant mentor based on their area of specialization, who will coach them, be their advocate and recommend them for roles over a period of 12 months, as well as teach interview skills and help with job matching.
The Microsoft APAC Enabler Program started as a pilot in five markets, with six non-profit organizations and 14 employer partners two years ago. The premise was simple: collaborate with non-profit organizations (NPO) to train PwDs in cloud and technical skills. Then connect these NPOs to businesses hiring talent with cloud skills.
Since then, the Microsoft APAC Enabler program has expanded across the region and now covers nine countries, 13 non-profits, and 27 organizations. The program has trained more than 7,000 participants, conducted more than 150 hours-worth of Disability Inclusive Hiring workshops, organized consultations with experts for more than 530 PwDs and enabled roles and internships for more than 350 PwDs.
Pratima Amonkar, Board Chair of Microsoft Diversity & Inclusion, and Head of APAC Cloud & AI Business Strategy said: “Mentors are the key to success for every professional. A good mentor is a coach, a guide, as well as a vocal advocate. In a pilot program with three NPOs: SG Enable, Tomowork, and Virtualahan, and an educational institution, Temasek Polytechnic, the Microsoft APAC Enabler Mentorship program successfully enabled more than 75 PwDs to receive coaching. This program is that crucial next step to improving diversity in hiring across Asia Pacific and I’m so proud to see our incredible partners step up to be the voice of inclusion and commit to inclusive hiring at a time when the pandemic has been hardest on marginalized communities.”
Expansion of the Microsoft APAC Enabler Program
Microsoft is excited to welcome three countries and two APAC-wide organizations to the program.
Countries joining the Microsoft APAC Enabler program
The Enabler Program has expanded to three more markets. Difalink (Indonesia), National Disability Commission (Indonesia), Biji Biji (Malaysia), The Rose International Foundation for Children (Nepal), and Ability Development Society of Nepal (ADSoN) are the NPOs from Indonesia, Malaysia, and Nepal joining South Korea, New Zealand, the Philippines, Singapore, Sri Lanka, and Thailand in building capabilities, educating, and improving the employability of PwDs.
As the experts and the advocates for PwDs in their respective countries, their knowledge, guidance, and network are crucial to achieving mutual goals of an inclusive workplace, matching the right PwD talent, and structuring of activities for inclusion awareness, training, and mentorships.
Regional employer partners SAP and Infosys joining the Microsoft APAC Enabler program
SAP and Infosys have made commendable commitments to the Enabler Program. Since the start of the year, both organizations have hosted sensitization workshops for their employees, and facilitated volunteer opportunities to be mentors.
SAP will be focused on building a wide pool of mentors for the Mentorship Program, and Infosys will develop more awareness initiatives and value-add to training, mentoring, and hiring, and create internships for PwDs.
Malinee Narang, Director, Human Resources, SAP Singapore and Head of D&I, SAP Asia Pacific, and Japan, said: “We are happy to embark on the same journey with Microsoft being a part of the Enabler Program to drive awareness and bridge opportunities for people with disabilities. At SAP, we believe in driving technology that improves people’s lives, and in this vein means building a culture and environment where every individual’s unique ability to contribute is acknowledged and valued.”
Krish Shankar, Executive Vice President and Group Head of Human Resource Development, Infosys, said: “When we think of an inclusive ecosystem, workplace accessibility should be at its heart. At Infosys, we are deeply committed to building and sustaining an inclusive workplace. We also share the vision of accessible workplaces with Microsoft and believe in the potential for good that programs like the APAC Enabler Mentorship create. We are delighted to collaborate on this journey.”
For the full list of NPOs and organizations in the Microsoft APAC Enabler Program, please click here
About Microsoft
Microsoft (Nasdaq “MSFT” @microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more.
#Microsoft
