26 C
Vientiane
Wednesday, April 30, 2025
spot_img
Home Blog Page 1136

Daiwa Asset Management is optimistic about Vietnam’s market prospects and promotes regional economic growth


TOKYO, JAPAN – Media OutReach Newswire – 4 June 2024 – Daiwa Asset Management Co., Ltd., one of Japan’s largest asset management companies, announced its investment strategy in the Vietnam market and looked forward to the future market prospects. With its deep market experience and professional investment team, Daiwa Asset Management is actively expanding its business layout in Vietnam, aiming to promote the continued growth and prosperity of the local economy.

The Vietnamese market has shown strong economic growth momentum in recent years, attracting the attention of global investors. Daiwa Asset Management is optimistic about the prospects of the Vietnamese market and believes that its fast-growing economy and policy support provide excellent investment opportunities. “Vietnam’s young population structure, solid economic growth and the government’s market liberalization policies make it an important part of our strategic layout,” said the president of Daiwa Asset Management.

Daiwa Asset Management will invest in a number of key areas in Vietnam, including infrastructure, renewable energy and high-tech industries. Through these investments, it aims to promote Vietnam’s economic modernization and diversification. The company plans to introduce advanced management techniques and international best practices to enhance the operational efficiency and global competitiveness of Vietnamese enterprises.

As a company that focuses on social responsibility, Daiwa Asset Management is committed to promoting sustainable investment strategies in the Vietnamese market, integrating environmental, social and corporate governance (ESG) standards. In this way, it not only promotes local economic development, but also ensures the long-term sustainability of investment.

Daiwa Asset Management will work closely with local enterprises and government agencies in Vietnam to provide technology transfer and management experience. In addition, the company plans to set up a financial education and training center in Vietnam to enhance the financial literacy and market participation of local investors. This move will not only help expand the customer base, but also contribute to the deepening and maturity of Vietnam’s capital market.

Daiwa Asset Management firmly believes that the unique opportunities in the Vietnamese market, combined with its global vision, will bring a win-win situation for the company and the local economy. Through in-depth investment and strategic cooperation in Vietnam, the company not only consolidates its position in the Asian market, but also provides more diversified investment options for global customers.

Hashtag: #DaiwaAssetManagement

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

International Educators Gather in Vientiane to Boost Job Readiness, English Proficiency

The first-ever English Language Teaching and Job Readiness Forum at the Muong Thanh Luxury Vientiane Hotel on 30 May drew 120 educators from Laos, Vietnam, and Cambodia, aiming to enhance the English learning curriculum for Lao students and better prepare them for the 21st-century workplace.

The event, hosted by the National University of Laos (NUOL), in collaboration with the Embassy of the United States (US) in Laos, began with traditional stage performances by NUOL students and an opening speech from the US Chargé d’Affaires to Laos, Michelle Outlaw. 

“The forum is mainly to identify the role that English plays in the 21st-century workplace and how learners in three countries (Laos, Vietnam, and Cambodia) are being prepared to use English efficiently and effectively in their future work,” Outlaw said.

In her speech, Outlaw also highlighted that many students struggle to apply their English knowledge and skills from school to their workplaces. However, she expressed optimism that the technological advancements in the post-COVID-19 era could “open doors to new possibilities and opportunities for both educators and learners alike.”

The event provided a platform for educators from the three countries to exchange ideas and potentially enhance international cooperation in education. Jerrold J. Frank, the Regional English Language Officer from the US Embassy in Hanoi, Vietnam, also attended the forum. Frank’s role involves promoting English language learning across the Southeast Asia region.

“We have English language specialists that come and help design curriculums or advise people on best practices in developing English Language programs. We do a lot of teacher training. We support learners, we support teachers, and we have a lot of virtual resources as well,” explained Frank.

Frank praised the event’s organization and the enthusiasm of the participants, noting, “I enjoyed the event so much, and a lot of people have come to thank me for the opportunity. I personally don’t want the event to only last for two days. I hope that educators or influencers who get to know each other at the forum will keep in touch for future collaborations.”

While the US Embassy provided significant support, NUOL also played a crucial role in organizing and resourcing the event. “A lot of the resources were contributed by the National University of Laos because they’re the host. A lot of their human resources, a lot of their physical resources were contributed by them,” Frank acknowledged.

The forum also highlighted ongoing support from the US Embassy through the American Center, which offers free English courses of all levels. Gregory Aurit, Public Affairs Officer at the US Embassy in Laos, emphasized the Center’s role in providing a conducive environment for English learning.

“Not only do we have English courses, but we have a lot of programs in English that would allow anybody to access and enjoy this way to practice,” said Aurit. “We have beginner-level programs, where people can come in, get one-on-one tutoring, and participate in language classes. There are a lot of intermediate-level courses, and those are ones that you can register for.”

“The American Center offers an English environment where you can feel maybe a little bit like you’re in another country and can really practice your English through all of those programs,” Aurit added.

Overall, the event fostered international cooperation and highlighted the critical role of English in today’s global workplace.

Laos, Singapore, Cambodia Unite to Facilitate Cross-Border Electricity Trade

Vietnam Electricity Import From Laos to Tackle Power Shortages
FILE: This image is used only for representational purpose (photo: BNN Breaking)

Singapore, Cambodia, and Laos have formed a working group to push cross-border electricity trade, inching closer to the ASEAN Power Grid vision. 

On 3 June, the Ministries of Trade and Industry of Singapore, Energy and Mines of Laos, and Mines and Energy of Cambodia shook hands and kicked off the working group, setting up three main goals. 

The team will create a comprehensive framework to support the development of cross-border electricity trading projects within ASEAN, starting with collaboration between the three countries.

The group will also streamline regulatory processes and licensing procedures for generating, exporting, and importing electricity. This includes simplifying the application and permitting processes for subsea surveys and the installation of cross-border subsea power cables.

Finally, the members will explore ways to facilitate commercial agreements and promote the development of generation and transmission infrastructure, ensuring smooth cross-border electricity trading among the three nations.

The inaugural meeting of the working group was co-chaired by Singapore’s Second Minister for Trade and Industry Tan See Leng, Laos’ Vice-Minister for Energy and Mines Chansaveng Boungnong, and Cambodia’s Minister for Mines and Energy Keo Rottanak.

During the gathering, Vice-Minister Chansaveng highlighted the project’s importance for Laos, emphasizing its role in achieving the ASEAN Power Grid and leveraging the country’s green energy resources to meet regional clean energy goals. He expressed hope that the project would attract further investment in renewable energy in both Laos and the region.

Tan also expressed optimism about the collaboration, highlighting that the working group aims to create a framework for cross-border electricity trade and address subsea power cable issues in ASEAN. He further encouraged other regional partners to join the initiative.

Minister Rottanak from Cambodia echoed this enthusiasm, noting that their efforts to advance the ASEAN Power Grid and share clean energy efficiently set a strong example. He hoped the partnership would inspire other ASEAN nations to join in building a sustainable and interconnected energy network.

The Manila Times Partners with Cedara, becomes first APAC publisher to apply standardized measurement of media emissions


MANILA, PHILIPPINES – Media OutReach Newswire – 4 June 2024 – THE Manila Times (TMT), in collaboration with Cedara, the Carbon Intelligence Platform, has announced a pioneering initiative to comprehensively measure advertising carbon emissions, becoming the first publisher in the Asia-Pacific (APAC) region to undertake such an endeavor.

The Manila Times Partners with Cedara

TMT will tap Cedara, the leader in mapping emissions across the media supply chain, to leverage its cutting-edge software platform and data-driven approach to measure and reduce its carbon footprint according to industry standards.

TMT is starting with measurement of its digital media, with an eye towards expanding this initiative to its print business and ultimately examining holistic organizational emissions.

Already a leading proponent of sustainability with its expansive editorial coverage of the environment and climate change, TMT also hosts an annual conference on the topic, The Business Forum on Sustainability.

“We are thrilled to partner with Cedara in our mission to lead the way as the first publisher in our geographic region to measure advertising carbon emissions,” said Dante Ang II, chairman and chief executive officer of The Manila Times. “By harnessing Cedara‘s expertise and leading technology, we are taking proactive steps towards environmental sustainability and reinforcing our commitment to corporate social responsibility.”

“We are delighted to collaborate with The Manila Times in their pioneering initiative to measure advertising carbon emissions,” said Eric Shih, chief operating officer of Cedara. “At Cedara, we are committed to partnering with media organizations that prioritize sustainability and environmental impact. Together with The Manila Times, we are proud to drive positive change in the APAC market and contribute to a greener, more sustainable future.”

Hashtag: #TheManilaTimes #Cedara

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

About The Manila Times:

is a daily newspaper in the Philippines that delivers trusted, quality content in print and digital editions and for online and social media. It is the news source of choice for Filipinos worldwide. Founded on Oct. 11, 1898, it is the longest running English daily broadsheet still in existence in the Philippines. Visit our website, and follow us on social media, .

About Cedara:

, the Carbon Intelligence Platform, is on a mission to help businesses decarbonize and to build a more sustainable future for society. Through its comprehensive product suite, measures the carbon emissions for businesses and develops a path to net zero. further maps the carbon intensity across supply chains to empower investment teams to decarbonize the supply path across their goods and services. adopts a high-impact, data driven approach to develop transformative solutions for businesses and their partners to accelerate the shift to a net zero economy. Founded in 2021, is headquartered in New York City with offices in the US, UK, France, and Germany. To learn more, please visit .

Techmatic To Expand Their Hygienic Pressure Relief Valve Range


SINGAPORE – Media OutReach Newswire – 4 June 2024 – Techmatic, a leading industrial product supplier in Singapore, is excited to announce the expansion of their hygienic pressure relief valve range. This development addresses the stringent hygiene and cleanability requirements crucial for the food and pharmaceutical sectors.

Ensuring hygienic conditions in food and pharmaceutical manufacturing is paramount, as even the smallest contamination can compromise product safety and quality. However, traditional pressure relief valves often have dead spaces where contaminants can accumulate, and their complex designs make thorough cleaning a difficult and time-consuming task. Techmatic’s new range of hygienic pressure relief valves is engineered to overcome these challenges, offering a solution that is both easy to clean and de-contaminate. Not only is there minimal dead space in the inlet area, but the valve can also be disassembled and cleaned in just a few simple steps—no removal necessary. Notably, these construction features are proven and confirmed by tests and certificates from the DGUV Committee for Foods and Luxury Items and the EHEDG (European Hygienic Engineering & Design Group).

Techmatic offers a broad selection of high-quality industrial products for a wide range of industries. All products, from sight glasses and strainers to pressure relief valves and pressure control valves in Singapore, are designed to meet the rigorous demands of industrial applications. They also provide services like strainer fabrication and steam trap maintenance. With over 30 years of experience, Techmatic is committed to providing exceptional customer service and achieving optimum product efficiency, which is evident in their accreditation with Bizsafe 4 and ISO9001:2015 certification.

Techmatic is a reliable and trusted partner for top-notch industrial solutions in Singapore. By expanding their pressure relief range, the company aims to fulfill the customer’s need for hygienic and clean service applications.

For more information, please visit https://techmatic.com.sg/.
Hashtag: #Techmatic

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

Money20/20 Europe Commences This Week, Exploring the ‘Age of Atomic Finance’ and The Endless Possibilities of Granular Technology Spearheading Fintech Innovation


LONDON, UK – Media OutReach Newswire – 3 June 2024 Money20/20, the world’s leading fintech show, and the place where money does business, is set to commence its Europe show in Amsterdam next week on 4-6 June with a packed agenda focused on the increasingly crucial theme of ‘Human x Machine’. A key topic running through the agenda is ‘The Age of Atomic Finance’ which will explore how monumental strides in technology, including artificial intelligence, cryptography, and quantum computing have unlocked the potential for precision at the atomic level, paving the way for a bespoke and seamless “Nano World”.

Money20/20 Europe is set to bring together the most influential figures in the fintech and financial services landscape. The event will convene C-suites and senior executives from leading global banks, financial services powerhouses, and technology giants such as Google, IBM, J.P. Morgan, Mastercard, and Nvidia, as well as leading fintech and tech innovators, including Adyen, Mistral, and R3.

“Monumental shifts in technology have drastically altered how we access, spend, grow and protect our money in today’s landscape,” said Scarlett Sieber, Chief Strategy and Growth Officer at Money20/20 Europe.Advancements in DeFi, Cybersecurity, Cross Border, RTP, Open Banking, Regtech and of course AI have shaped and are continuing to reshape our world – and the speed of advancement is only increasing – so we’re convening world leaders in these areas to help the whole industry make breakthroughs and build partnerships that will further transform the future of money.”

A limited number of tickets remain available for Money20/20 Europe. Through thought-provoking discussions, interactive sessions, and networking opportunities, Money20/20 will equip attendees with the knowledge and tools needed to spearhead this transformative era. Highlight sessions across the three-day conference include:

  • Former French President François Hollande: In Conversation: Serving as the President of France from 2012 to 2017, François Hollande has been credited with introducing policies that cemented France’s status as a leading global fintech hub. In discussion with Money20/20’s Chief Strategy and Growth Officer, Scarlett Sieber, this fireside chat will explore how the country has become a leader in emerging technologies such as AI and blockchain.
  • From Spending App to Everything Bank: Revolut Reveals All: David Tirado Blanco, VP Profitability & Global Business at Revolut will discuss the roadmap for Revolut and the future of neobanks, and how they are set to tackle new geographies in a bid to become the world’s leading all-in-one finance app.
  • Microsoft and NVIDIA Address the Latest Trends in AI: Next-gen digital assistants such as Microsoft Copilot are unlocking new capabilities that are rewriting the banking customer experiences. Patrice Amman, EMEA Financial Services Business Lead at Microsoft, and Kevin Levitt, Director, Financial Services at NVIDIA will offer an assessment of what the future looks like in this new era of AI.
  • 385m Reasons Why Mistral AI is Game-Changing for Europe: Securing over €490 million in funding within its first year, Mistral AI has emerged as a leading French rival to ChatGPT. Join Mistral AI’s CEO, Arthur Mensch, and Jonathan Userovici, General Partner at Headline, as they explore the implications of this record-breaking funding and its potential to reshape the industry landscape.
  • The State of Crypto in 2024: The Battle for the Post-MiCA Market: Cryptocurrencies have witnessed another extremely volatile year with soaring prices, institutional crypto funds launched and the introduction of regulatory clarity from MiCA. In conversation with Kaushik Sthankiya, Global Head, Banking and Payments at Kraken, and Sonia Shaw, President of CoinW, two leading exchanges are set to discuss how they intend to capture this opportunity whilst navigating ongoing regulatory developments, customer safety and the reputation of the crypto market in general.
  • Securing Digital Transactions: The Global Shift Towards Embedded Payments: In their fireside chat, Jennifer Marriner, EVP, Acceptance Solutions at Mastercard and Alexa von Bismarck, President-EMEA at Ayden will delve into how merchants can reduce cart abandonment through tokenization and an embedded checkout, using innovations such as passkeys and biometric authentication to redefine seamless payments.

The Money20/20 Europe agenda can be found here, while the lineup of confirmed speakers can be found here.

Media who would like to attend Money20/20 Europe can register for a complimentary press pass here.

Hashtag: #finance #payments #fintech #technology




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

Money20/20

Launched by industry insiders in 2012, Money20/20 has rapidly become the heartbeat of the global fintech ecosystem. Over the last decade, the most innovative, fast-moving ideas and companies have driven their growth on our platform. Mastercard, Wise, J.P. Morgan, SHIELD, Convera, Stripe, Google, VISA, Adyen, and more make transformational deals and raise their global profile with us. Money20/20 attracts leaders from the world’s greatest banks, payments companies, VC firms, regulators and media platforms: convening to cut industry-shaping deals, build world-changing partnerships and unlock future-defining opportunities in Amsterdam (4-6 June 2024), Las Vegas (27-30 October 2024) and in Bangkok (22-24 April 2025).

Money20/20 also recently launched Twentyfold, a Digital Intelligence product containing the deepest and widest repository of fintech startup data in the world. Money20/20 is where the world’s fintech leaders convene to grow their businesses. Money20/20 is part of Ascential plc. Follow Money20/20 on X and LinkedIn for show developments and updates. We’re Where Money Does Business.

Follow Money20/20 on for show developments and updates.

You can also find us on at Money20/20.

Black Spade Capital and UBS Co-hosted Successful Business Reception in Hanoi


HONG KONG SAR – Media OutReach Newswire – 3 June 2024 – Black Spade Capital Limited (“Black Spade”), the family office of Mr. Lawrence Ho, hosted a successful business reception with UBS in Hanoi on 31 May 2024 to engage directly with the local business community.

Third from the right, Mr. Dennis Tam, President and CEO of Black Spade and Mr. John Lee, UBS Global Banking Vice Chairman and Co-Head of Asia Country Coverage
Third from the right, Mr. Dennis Tam, President and CEO of Black Spade and Mr. John Lee, UBS Global Banking Vice Chairman and Co-Head of Asia Country Coverage

The event gathered dozens of business leaders, executives and industry professionals from Vietnam and the rest of the world, notably Madam Thuy Le, Chairwoman of VinFast Auto Ltd. and Mr. Russell Galbut, Chairman of Norwegian Cruise Line Holdings Ltd., which provided an opportunity for Black Spade and participants to meet face-to-face.

Mr. Dennis Tam, President and CEO of Black Spade, said, “We are very pleased to co-host this event with UBS in the vibrant city of Hanoi. Vietnam has attracted global attention in recent years with its rapid economic growth and open market policies. Its strategic location, low labour costs, and government reforms such as streamlined business setup processes and tax incentives make it an ideal investment destination for international companies. Coupled with massive infrastructure investments and a focus on technological innovation, Vietnam is quickly becoming a key economic player in Southeast Asia. We were thrilled with the turnout and engagement at our reception. This event is a valuable opportunity for us to connect and to learn more about the potential of the Vietnamese market first hand. Black Spade looks forward to further deepening ties with Vietnam as well as the South East Asia region.”

Hashtag: #BlackSpadeCapital

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

About Black Spade Capital Limited

Black Spade Capital Limited is an established family office that manages the private investments of Mr. Lawrence Ho. Headquartered in Hong Kong, its global portfolio consists of a wide spectrum of cross-border investments as it consistently seeks to add new projects and opportunities to its investment mix. Black Spade’s investment strategy maximizes coverage of geographic regions and sectors whilst maintaining a portfolio of diversified asset classes, ranging from equity, fixed income, medical technology, leisure and culture, green energy, real estate to Pre-IPO investments. In August 2023, Black Spade Acquisition Co, a blank check company (SPAC) sponsored by Black Spade, completed a US$23 billion business combination with VinFast Auto Ltd.

Funeral Director of Confidence Funeral Recognized by the Association of Trade & Commerce with SME 500 Award in 2021


SINGAPORE – Media OutReach Newswire – 3 June 2024 – Confidence Funeral Services Pte Ltd announces that its Director, Zen Goh, was honoured by the Association of Trade & Commerce with the esteemed SME 500 Award back in 2021. This recognition marks a significant milestone in the company’s journey and underscores its commitment to providing compassionate and professional funeral services, serving the community with integrity and care.

Expressing his gratitude for the award, Zen Goh shares, “It is a tremendous honour to be recognised by the Association of Trade & Commerce for the SME 500 Award in 2021. This award reaffirms our dedication to excellence and our focus on the needs of our clients. We will continue providing dignified and compassionate funeral services, supporting families with the utmost care during their most difficult times.”

Recognising Excellence

Being awarded the SME 500 Award, conferred by the Singapore Association of Trade & Commerce in 2021, is a testament to Confidence Funeral’s performance in developing and managing its operations. The award recognises SMEs that have demonstrated excellence in their fiscal performance, operational efficiency, and overall management. This marks a significant milestone for Confidence Funeral, affirming its position as a leader in the funeral services industry in Singapore.

The Funeral Industry and the Path to Confidence Funeral

Transitioning from a Navy Regular to a funeral director, Zen Goh embraced a motto: “Used to serve the nation, now serving the public.” His decision to enter this industry was driven by a determination to provide exceptional service, ensuring that no mistakes are made during such trying times.

Overcoming Challenges Faced in the Funeral Business

In its early days, the funeral industry faced challenges stemming from a lack of transparency and communication, leaving bereaved families uncertain about the procedures and costs involved. Zen Goh and his team at Confidence Funeral sought to address this by adopting a transparent approach, clearly explaining the rationales and principles behind funeral arrangements. Despite initial resistance, this approach garnered trust and respect from clients, particularly the younger generation appreciative of the clarity it provided.

While transparency requires significant time and effort from funeral directors, the team at Confidence Funeral remains steadfast in their mission. They understand that the additional time spent with grieving families is essential for providing the highest level of service.

Hashtag: #ConfidenceFuneral




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

About Confidence Funeral

Established in 2010, Confidence Funeral offers a comprehensive range of funeral services tailored to various religious and cultural preferences, including Taoist, Buddhist, Christian, and Catholic ceremonies. Their committed team of professional funeral directors extends compassionate support to grieving families, facilitating a dignified farewell for departed loved ones. Through meticulous attention to detail at every stage of the proceedings, Confidence Funeral ensures that every ceremony is conducted with the utmost respect and sensitivity.

Reach out to find out more.