Free your hands for hugging your love. Leave cleaning to DEEBOT.

HANOI, VIETNAM – Media OutReach – 28 June 2022 – ECOVACS ROBOTICS (“ECOVACS”), the world’s leading service robotics leader, is making good on its new mission, “Robotics for All”, by reimagining floor cleaning with the brand-new AI-powered DEEBOT T10 robotic vacuum cleaner. Available on Vietnam Family Day, the new DEEBOT combines next-generation technologies, such as AIVI 3.0 Upgraded AI-based Object Recognition and Avoidance technology, that offer tech-savvy family members more time with their loved ones instead of household chores. It also ushers in a new era of human-bot interaction with YIKO Voice Assistant, making the DEEBOT T10 every family’s intelligent butler.

Superior Cleaning Capability Powered by AI and Efficiency by ECOVACS’ Proprietary Technologies
Enhanced AI with AIVI 3.0: The DEEBOT T10 comes with AIVI 3.0, powered by a Horizon Sunrise® 3 Processor. The enhanced AI capability improves object single-frame recognition accuracy by 20% and the object single-frame recognition speed by 20 times. With an onboard 960P astrophotography camera that widens the Field of View (FOV) to 148.3°, DEEBOT T10 identifies common ground obstacles faster and is better at avoiding them. The robotic vacuum cleaner also recognizes 18 types of floor obstacles, furniture, and floor materials and comes with a TÜV Rheinland privacy and safety certificate for software and hardware. DEEBOT T10 is designed to work on different surfaces and carpets. The AIVI 3.0 technology, when paired with ultrasonic sensors, helps the robotic vacuum cleaner recognize different carpet types while anti-drop sensors keep it from falling over stairs and thresholds. When cleaning carpets (only available in standard mode), it automatically changes pressure and avoids them when mopping. The real-time video and communication feature enables users to keep in touch with family members at home and monitor their homes at all times.

Intelligent YIKO Voice Assistant: DEEBOT T10 features YIKO Voice Assistant, the industry’s first built-in natural language interactive assistant for home service robots and the first AI voice assistant in home service robotics to support multiple languages. It combines several AI-based voice interaction technologies, including voice semantics from Google, to improve the accuracy and response times, offering users an unprecedented interactive experience in natural language. Users can engage, command, and interact with the DEEBOT T10 with their voice. The three well-placed mics allow users to activate the units by saying, “OK YIKO.” By saying, “OK YIKO, quick map building,” users can build a complete map for efficient cleaning. YIKO AI voice assistant also transforms the user experience, turning the DEEBOT T10 from highly intelligent cleaning tools to truly home service robotics. The integrated sound localization technology and AIVI 3.0 technology can pinpoint the voice source in the house, allowing users to command the robotic vacuum cleaners to clean a specific area or come to their location within a five-meter radius.

Excellent ECOVACS HOME App Experience: DEEBOT T10’s TrueMapping 2.0 uses onboard dToF sensors for more accurate positioning while allowing users to save the maps in 2D or 3D formats in the intuitive ECOVACS HOME App on their mobile devices. Users can switch from 2D to 3D maps for a more detailed view of their home. By learning and understanding the home environment, the maps create a more detailed home environment and accurately identify home structure, furniture, and ground materials. Users can also improve cleaning efficiency around and under the furniture using the 3D map.

Superior Cleaning Experience with 4-stage Deep Cleaning System
Powerful 4-Stage Cleaning System: The Dual Side Brushes quickly collect ground dust and cover every inch of the house, while the floating main brush keeps the unit closer to the floor without damage and with a strong 3,000pa suction power. The overall design allows the robotic vacuum cleaners to adapt to different floor types during deep cleaning. The OZMO™ Pro 3.0 Oscillating Mopping System vibrates 600 times per minute to remove the most stubborn floor stains. It is ideal for dusty environments, removing pet hair, or for households where occupants are allergic to dust.

Clean well and smell good with Air Freshener Module: The DEEBOT T10 can refresh the air with its interchangeable module during vacuuming. Users can choose from three base Air Freshener Capsules — Wild Bluebell, Bergamot&Lavender, and Cucumber&Oak — and have a clean and fragrant home.

Compatible with Auto Empty Station (Sold individually): The DEEBOT T10 supports the Auto Empty Station, maximizing cleaning convenience and offering peace of mind. It empties all types of dust particles from the robotic vacuum cleaner, allowing it to work longer and harder. The 21kPa suction power sucks up all the dust from the unit and eliminates the need for the user to empty the on-unit dust collector manually. The station can hold the dust for up to 60 days, and the fully-sealed design and sealed dust bag ensure no accidental dust leakages. Users can also personalize when the robotic vacuum cleaner empties its collected dust.

Pricing and Availability
DEEBOT T10 is available today at the ECOVACS Authorized Distributor https://vietnamrobotics.vn/. The suggested retail price of DEEBOT T10 is 16.99M VND. A 25% discount is offered from June 28 (the Family Day) to July 19, making the DEEBOT T10, Auto Empty Station, and DEEBOT T10+ (bundled with Auto Empty Station) priced at 12.99 M VND, 4.99 M VND, and 17.69M VND respectively. Please visit ecovacs.com for more information or connect with us on Facebook or Instagram.

About ECOVACS ROBOTICS

Innovating Since Day One – Creating the Intelligent Home.

With a new vision of “Advancing robotic technologies to serve the world to create a holistic ecosystem between human and robotics in lifestyle and production”, ECOVACS ROBOTICS cares about innovating solutions to enhance your lifestyle. We aim to design and launch “Robotics for All”: using our deep understanding of use cases and consumer experiences.

With over 20 years of design and industry-leading research, we have led the market as homes become more intelligent and responsive. We are building a world where your home asks less of your attention, becomes more seamless and powerful, and frees you to spend more time doing what you love.

#ECOVACSROBOTICS

New features connect exclusive quality buyers and unique verified suppliers worldwide, enables smarter decisions and swifter responses with reduced risk

HONG KONG SAR – Media OutReach – 28 June 2022 – Global Sources, the internationally trusted multichannel B2B sourcing platform, announced the revamp of its “Global Sources Online Sourcing Platform” (GSOL) to offer powerful new features to connect authentic buyers and verified suppliers globally. By combining its tailored sourcing solutions and trusted market information, Global Sources, the only international B2B souring marketplace reaching over 10 million O2O buyers and suppliers including 97 of the world’s Top 100 retailers, enables swifter responses to the evolving trading environment and seize the emerging opportunities.

The pandemic has brought unprecedented disruption to the B2B environment. Gartner predicts that by 2025, 80% of B2B sales interactions will occur digitally. To help global buyers and suppliers embrace new tools and engagement manner, Global Sources has pioneered to support the sourcing community with expertise and technology, like identifying trustworthy partners, auditing factories when trade barriers are in place, and sustaining business development, by designing powerful features with user-friendly interfaces, including:

1. Smart use of Big Data Algorithm to generate more precise and customized recommendations for buyers based on preferences and attributes, plus high-demand product ranking for smarter decision-making.
2. “Tailored Product Recommendations” powered by big data analytics enhance user experience and enable swifter responses with reduced risk.
3. Developed with an exclusive AI-powered engine, “MATCH” helps buyers profile themselves, customize sourcing criteria, and match verified suppliers swiftly without geographical and language barriers.
4. The new “Sourcing Knowledge Center” offers the latest export information and sourcing intelligence, creating additional opportunities and convenience for all users to confidently meet the evolving demands. Comprehensive online resources like tutorials, on-demand webinars and advisory services are included.
5. “Global Sources Buyer APP” helps users discover and source millions of innovative products from certified suppliers fulfilling the on-the-go sourcing needs faster and easier like never before.
6. Technology-enabled features, like “Ready to Order,” “Instant Chat with Translation” and “Video Meeting” services, enable buyers to access the unique suppliers endorsed by its supplier verification system since GSOL was launched in 1995, and secure real-time tracking more timely and effectively.
7. Powered by 3D panorama and VR technologies, the “360° Virtual Reality Showroom” creates immersive virtual factory tours, enabling buyers to enjoy a 360° view of the plant and closer looks of the products.

“It is encouraging to see how resilient global buyers have remained, though the COVID-19 pandemic has battered the international economy. Global Sources is leveraging our professional knowledge and expertise and broadening our products and services to help buyers and suppliers worldwide to achieve more. The rebuilt GSOL platform, powered by the latest technologies, is a testament to our commitment to helping the world prepare for the Future of Sourcing.” said Hu Wei, Chief Executive Officer of Global Sources.

#GlobalSources

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

SINGAPORE – Media OutReach – 28 June 2022 – GEODIS, a global leading transport and logistics services provider, today announced the appointment of Eddie Chang as its new Managing Director for Malaysia. With over 25 years of experience in the logistics sector, Chang will be responsible for leading GEODIS’ growth in Malaysia, a market that continues to play a key role in the company’s multi-modal network across Southeast Asia.

Chang, who was previously Managing Director of Tigers Global Logistics and subsequently, Director at JAS Worldwide in Malaysia, will leverage his extensive experience in both air and sea freight, warehouse operations, Contract Logistics, and e-Commerce fulfilment to expand GEODIS’ client base, especially in key verticals including automotive, industrial and high tech.

With ongoing plans in place to bolster GEODIS’ highly integrated transport solutions, Chang will also be taking the reins to further advance Malaysia’s capacity as a hub connecting the company’s owned controlled flight network with its road transport services that currently connects Singapore, Malaysia, Thailand and Vietnam via Kuala Lumpur. The company’s rapidly expanding multi-modal network is a key strategic accelerator for its growing presence in the region.

“Eddie’s passion for driving customer-centric results, his vast experience in the field and proven track record of success will take GEODIS’ capability for innovation to new levels,” said Lakshmanan Venkateswaran, Sub-Regional Managing Director, Southeast Asia. “As Malaysian customers look to prioritize supply chain resilience in the near future, we are confident that Eddie’s leadership will enhance GEODIS’ efforts to stay at the forefront of adopting growth opportunity and industry developments.”

“I am honored to step into this role and look forward to working closely with the team on purpose-driven solutions in Malaysia. These will under-line our commitment to providing industry-leading services to our customers.” said Chang. “GEODIS, a rapidly growing powerhouse in Asia and Malaysia has shown a great deal of potential to contribute significantly to the company’s regional expansion.”

GEODIS – www.geodis.com

GEODIS is a global leading transport and logistics provider recognized for its commitment to helping clients overcome their logistical constraints. GEODIS’ growth-focused offerings (Supply Chain Optimization, Freight Forwarding, Contract Logistics, Distribution & Express, and Road Transport), coupled with the company’s truly global reach thanks to a global network spanning nearly 170 countries, is reflected by its top business rankings: no. 1 in France and no. 7 worldwide. GEODIS employs over 44,000 people globally and generated €10.9 billion in revenue in 2021.

Affiliate Architects and Interior Designers Wanted as Partners

SINGAPORE – Media OutReach – 28 June 2022 – Leading German modular interior builder Kuhlmann International has launched the Kuhlmann Affiliate Architects Program to provide primary bespoke services and products to architects and interior designers to facilitate the implementation of their creative design solutions. A leading European bespoke modular interior builder specializing in total home design solutions since 1923, Kuhlmann International is represented by TMB Pte Ltd in Singapore, which opened the first Kuhlmann Experience Centre in November 2021.

As interior carpentry and modular construction specialists, Kuhlmann International works closely together with architects and interior designers in developing their creative designs and bringing them to execution through a comprehensive array of integrated solutions based on Kuhlmann products.

The Kuhlman Experience Centre offers over 800 IP designs of interior home solutions ranging from kitchens, wardrobes, architectural accessories and furniture. As the first exclusive distributor in Singapore, the Kuhlmann Experience Centre provides a physical ‘touch and feel’ setting showcasing a kitchen, living room and a walk-in wardrobe. It also works with partner brands for high end appliances such as Hansgrohe, Miele and Liebherr to complement its services and products.

An offsite carpentry workshop manned by 15 master craftsmen handle assembly and installation work at clients’ premises. With sustainability and environmental considerations a major factor in the business operations, all materials used comply with international standards for substance control and emission.

Kuhlmann International Project Management Team

Key to the Affiliate Architects Program is the Kuhlmann project management team comprising designers, quantity surveyor, construction and project managers helmed by Project Director Sonia Anya Tay.

Armed with impressive architectural credentials, the teams bring a wealth of experience spanning commercial, retail and residential design projects. They function as the project management arm of client architects and interior designers who lack strong support or own resources. Client architects and interior designers are encouraged to provide the Kuhlmann project management teams with a brief and drawings. The project management teams then take over with these functions:

1. Provision of detailed layouts based on initial drawings
2. Sourcing for the appropriate Kuhlmann products to furnish and fit into designs
3. Cost management and budget control
4. Management of the projects from start to completion.

Besides the Kuhlmann/partner products and professional support, the Affiliate Architects Program offers participation in Kuhlmann events, privileged rates for Kuhlmann and distributor products, partnership fees for signed deals, TMB referrals from database and access to Kuhlmann database in other countries

Partnerships with Architects and Interior Designers Welcome

“Just as we welcome friendly partnerships with architects and interior designers working on projects for their clients, we are also keen to work with like-minded architects in our Affiliate Program to service our own current portfolio of high-end residential clients of bungalows and GCB properties which consists of over 800 high net worth individual clients, of which a majority are referrals,” said Benedict Choa, Chief Executive Officer, TMB/Kuhlmann International representative.

“Our Kuhlmann Experience Centre serves as a support centre for architects and interior designers to meet with their clients. The Program acts as your project management arm to take on some of the workload of architects and interior designers.”

Mr. Choa added, “A benefit to home owners and other clients is that they can also tap into The Modular Builder/Kuhlmann International pool of architects at a special rate of 20-30% below industry rate. Clients enjoy access to our distributorship of product accessories/appliances at discounted rates and main contractor services.”

To join the Affiliate Architects program, please WWhatsApp: +65 91503555 or click here.

Comments from the Kuhlmann Affiliate Architects Program:

Ivan Soh, Founding Partner at Pi Architects
Jalan Dermawan Project

There’s a comfortable synergy between the PI team and the Kuhlmann team thus far. Bouncing off ideas are a breeze as both sides are very optimistic when it comes to designing quality spaces with quality products. Clear communication between clients, Kuhlmann and ourselves have helped with the swift specifications and design process. I cannot wait for the final product to be built.

Samson Tan, Managing Director and Richie Wong, Senior Associate Director, Staarch
Kovan Road Project

We are thrilled to be partnering Kuhlmann International for our home solutions. They understand our needs and clients’ requirements very well. This has certainly enabled a smooth facilitation of our work. With the superior products from Kuhlmann coupled with the efficient service of the team, I am confident that our clients will be more than satisfied with the quality of their homes.

Facebook: https://www.facebook.com/kuhlmanninternational
Instagram: https://www.instagram.com/kuhlmann__international/
LinkedIn: https://www.linkedin.com/in/kuhlmann-international-229270210/
Pinterest: https://www.pinterest.com/Kuhlmanninternational/
URL: www.kuhlmanninternational.com

About Kuhlmann International

With nearly a century of traditional fine craftsmanship and innovation, Kuhlmann International has built a reputation for award-winning timeless modular home solutions. The Kuhlmann process is based on precise German engineering and manufacturing merged with sleek Italian design. Its parent company Boloni is based in Shanghai with showrooms in over 500 major cities in China and beyond, while Kuhlmann products are exported to over 30 markets globally.

About TMB

TMB Pte Ltd was formed in 2004 to introduce modular interior solutions for residential and commercial clients. The company specialises in converting old, tired property into high yielding hospitality real estate through a framework of customised renovations inclusive of back-end electrical set-up.

Alarming 60% increase in business-to-business (B2B) write-offs expected to pose a severe threat to liquidity of companies in Asia.

HONG KONG SAR – Media OutReach – 28 June 2022 – Chasing down unpaid B2B trade debt has become a major headache for Asian companies trading on domestic and export markets. They are facing sharply increased costs to manage customer credit risk in-house and thus protect cash flow from disruption caused by the current challenging economic and trading environment.
The problem becomes even more serious with long-term unpaid B2B trade debt (more than 90 days) that is written off as uncollectable despite several attempts to receive payment. In this situation businesses struggle to find additional sales, a measure that could help to offset their losses and thus avoid putting liquidity under pressure and a company’s entire future at risk.

Severe warning signs of a mounting strain on business liquidity are evident in the staggering 60% increase in business-to-business (B2B) bad debts that could not be collected, compared to our survey in 2021. This is the major concern spelled out by businesses polled in seven markets in Asia (China, Hong Kong, India, Indonesia, Singapore, Taiwan, and Vietnam) and in the United Arab Emirates for the 2022 edition of the Atradius Payment Practices Barometer Survey for Asia.

Taiwan sounded the highest alarm, with a bad debt write-offs figure nearly three times higher than found in our past survey of the market — now at 8% of the total value of B2B invoices. Businesses in Hong Kong and Singapore also said they were taking a serious hit from increased write-offs, both seeing an average 50% increase. Another country suffering was Indonesia, with a reported 40% increase in write-offs. Vietnam was included in the survey for the first time and companies there said liquidity was being dented both by write-offs (at 6% of the total value of B2B invoices) and unpaid B2B trade debt, which was affecting around half of the B2B trade value.

A further worry for companies in the current challenging economic and trading circumstances is the difficulty of recovering profits when they are experiencing a high impact from write offs. The Atradius survey in Asia reveals that 20% more companies than in the previous year reported an increased willingness to extend credit to B2B customers. This is a signal that current market conditions are very competitive and that businesses struggle to get the additional sales revenue that would make good the losses from write-offs. The survey also found that a serious concern for companies in the months ahead is the ability to keep pace with demand (33%) as well as resilience of demand from B2B customers (25%).

All this has sparked increased awareness among most businesses polled about the importance of strategic credit risk management in B2B trade, with one in two companies across the markets polled expressing interest in insuring B2B trade receivables to mitigate the impact of customer credit risk on the business.

Andreas Tesch, Chief Market Officer of Atradius commented “The outlook for growth in Asia remains relatively robust at around 5% in both this year and 2023. But many of the region’s businesses operate across the world in the current deeply unsettled period, where the ongoing impact of the pandemic and geopolitical upheaval has meant a downward revision of the outlook for global growth to just above 3%. Companies in Asia are feeling the pinch from this widespread disruption in the global trading arena. Facing the increase in bad debt write-offs can be a warning sign of a business environment under financial stress. This certainly explains why the need for strong strategic credit management was seen to be a crucial theme throughout our survey across the region’s major economies”.

Roeland Punt, Atradius Regional Sales Director for Asia added: “Given the ongoing uncertainty in the market, we don’t expect the bad debts trend to recover quickly. The anxiety about the longer time it takes business to collect overdue payments from B2B customers remains acute. The credit management processes of companies will be put to the test, and those businesses which have a flexible and holistic approach to the issue will be better well placed to navigate the troubled waters that may lie ahead”.

The Atradius Payment Practices Barometer for Asia Pacific – June 2022 edition can be downloaded from the Atradius website at Atradius Hong Kong website (Publications section). It further provides in depth analysis of how businesses in key markets in Asia Pacific manage payment default risks related to selling on credit to B2B customers. Topics covered include: payment terms, the time it takes to collect invoices, managing payment delays, the impact of payment delays on business, and expected business trends.

About Atradius

Atradius is a global provider of credit insurance, surety and collection services, with a strategic presence in over 50 countries. The credit insurance, bond and collection products offered by Atradius protect companies around the world against the default risks associated with selling goods and services on credit. Atradius is a member of Grupo Catalana Occidente (GCO.MC), one of the largest insurers in Spain and one of the largest credit insurers in the world. You can find more information online at https://atradius.com.hk/

Connect with Atradius on Social Media
Twitter https://twitter.com/atradius
LinkedIn https://linkedin.com/company/atradiusasia
YouTube https://www.youtube.com/user/atradiusgroup

#Atradius

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