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Laos to Host International Textile Experts in November

Indochinatour.com

UPDATED on 28 October at 3:51 PM


Laos will host the Eighth International Association for the Study of Silk Road Textiles symposium and the Ninth ASEAN Traditional Textile Symposium from 3 to 6 November at the Landmark Riverside Hotel in Vientiane. 

These events aim to promote traditional textile practices and celebrate the cultural heritage of Southeast Asia. Textiles are key to the region’s cultures, serving both functional and symbolic roles. The symposiums will highlight the traditional weaving, dyeing, and embroidery techniques of various communities.

The 8th International Association for the Study of Silk Road Textiles conference will focus on the theme “Textile Trails: The Legacy of Silk Roads in Southeast Asia,” while the 9th ASEAN Traditional Textile Symposium  (ATTS 9) will carry the slogan “Weaving a Stronger ASEAN Community through Cultural Heritage and Textiles.” Both events are organized by the Traditional Textile Arts Society of Southeast Asia.

The inaugural ATTS took place in Jakarta in 2005 and has since been hosted by various Southeast Asian countries, including the Philippines, Malaysia, and Thailand.

“We hope that this conference will help to spread and raise awareness about Laos silk weaving, emphasizing the cultural heritage and crafts,” said Phaiphone Saiyadeth, ATTS9 Secretariat. “We also feel very honored that Laos has been the host of this culturally meaningful and important event. We are delighted to be able to bring together artists, designers, researchers and those with a passion for textiles. We hope that everyone will gain new knowledge and perspectives from this conference.”

Linda McIntosh, the Program Coordinator for this year’s event, further noted that the symposium will bring together scholars, museum professionals, and textile enthusiasts from around the world. 

“This symposium is an invaluable opportunity to share knowledge and foster collaboration among those who care about preserving traditional textile arts,” she said.

The symposium will feature speakers from diverse backgrounds, including a retired curator from the Victoria & Albert Museum, a French expert in natural dyes, and researchers from several countries, including the Netherlands, Malaysia, and the United States.

As the event approaches, participants look forward to valuable discussions and the celebration of traditional textile arts in Vientiane.

Vinhomes: A Sustainable Future for Cities

In the digital age, the way people live in cities is evolving rapidly. While some people are seeking suburban retreats, many Asians are drawn to the convenience and vibrancy of urban life. This preference is fueled by the emergence of mega-complexes like Vinhomes’ projects, which offer a comprehensive range of amenities within the heart of bustling cities. These developments are designed to meet the diverse needs of modern residents, creating a new standard for urban living.


HANOI, VIETNAM- Media OutReach Newswire – 25 October 2024 – The digital age has sparked a fascinating urban migration shift worldwide. In several countries, a mass exodus from major cities is underway, driven by a desire for open spaces, remote work flexibility, and a growing eco-consciousness.

Vinhomes: A Sustainable Future for Cities

However, in Asia, a different trend is emerging. Amidst the vibrant energy of Asian cities, modern, airy housing complexes are springing up, offering residents a harmonious blend of urban convenience and natural serenity.

This growing trend has caught the attention of real estate developers, who are eager to cater to a new generation of city dwellers seeking the best of both worlds. Vietnam’s Vinhomes is a prime example of this emerging trend, leading the charge in creating sustainable, urban living spaces.

Redefining Urban Living: Vinhomes’ Vision for the Future

Vinhomes, Vietnam’s largest real estate developer, is at the forefront of transforming urban landscapes. Their ambitious Ocean City project is a prime example, offering a self-contained community with everything residents need: homes, workplaces, entertainment, and retail, all within a gated environment.

Beyond Ocean City, Vinhomes’ Vinhomes Royal Island project offers another luxurious living experience. Inspired by island getaways, it features extensive parklands, pools, and sports facilities.

These developments are attracting international residents seeking a high quality of life. As the world continues to evolve, Vinhomes’ all-in-one communities are setting the standard for future urban living.

Vingroup, Vinhomes’ parent company and a leading private conglomerate in Southeast Asia, is leading the charge towards a greener future by implementing digital initiatives aligned with ESG principles. Through the strategic use of AI, IoT, robotics, immersive technologies, and blockchain, Vingroup is addressing sustainability challenges across its diverse portfolio, encompassing technology & industry, trade & services, and social enterprise.

As a member of the Vingroup conglomerate, Vinhomes is dedicated to sustainability. The company is harnessing technology to create smart cities that optimize energy consumption, reduce waste, and improve transportation.

The Rise of Mega-Complexes in Asia

The Covid-19 pandemic has reshaped urban living globally. While Western societies have shown a growing preference for natur

e and less dense environments, many in Asia have embraced the convenience and community offered by large-scale residential complexes. This shift is particularly evident in Vietnam.

As the grip of the Covid-19 pandemic loosened, a swift decision took root in the mind of Hien Nguyen, Hanoi, capital of Vietnam. He swapped his cramped city-center dwelling for a sprawling, 1,200-hectare haven within the self-contained mega-complex called Ocean City.

“Even if a pandemic’s shadow falls again,” he mused, “I may be confined to my own backyard, but within its embrace, I’ll have a lake at my doorstep, a hospital a stone’s throw away, and a school, supermarket, gym, pool, and cinema, all woven into the very fabric of my home,” he confided.

In Asian cities, mega-complexes are becoming increasingly popular. Vinhomes’ sprawling developments offer a unique blend of urban convenience and suburban tranquility. With integrated shopping malls, artificial lakes, and extensive recreational facilities, they provide a secure and comfortable living experience.

Residents are drawn to the convenience of having everything they need within walking distance, while also enjoying the benefits of a green and spacious environment.

Vinhomes: A Leader in Sustainable Living

According to the United Nations report “The Future of Asian and Pacific Cities”, Asian metropolises have experienced a dramatic population increase since 1970, growing at a rate of 3.4% annually compared to 1% in developed nations. This rapid urbanization highlights a significant global demographic shift. As Dr. Robert Guild, the Asian Development Bank’s sustainability chief, emphasizes, “Asia’s future is urban”.

Asia currently hosts 17 of the world’s 33 megacities, cities with populations exceeding 10 million. A recent Knight Frank survey further underscores the region’s enduring urban appeal. While global buyers increasingly favor suburban, resort, and coastal destinations, Asian buyers remain steadfastly committed to city living.

As the global demand for environmentally friendly, healthy living experiences grows, Vinhomes is well-positioned to capitalize on this trend.

The company is known for its scale, rapid development, and high-quality services. Vinhomes is driving sustainable development in the Vietnamese real estate market and setting new international standards.

For example, for centuries, Hanoi, Vietnam’s capital, was landlocked, with the nearest beach located 100 kilometers away. Vinhomes’ Ocean City development has transformed this by introducing a 6.2-hectare artificial saltwater lake to the heart of the city. The sand on this beach was carefully imported from Nha Trang, Vietnam’s renowned coastal destination, creating a beachside experience within the urban environment. Additionally, Ocean City features a 24.5-hectare man-made freshwater lake.

Vinhomes is committed to providing exceptional living experiences in urban settings. The company’s developments feature well-planned residential areas, comprehensive amenities, and a clean, green environment. Vinhomes aims to redefine the Vietnamese lifestyle by fostering a strong sense of community, building a vibrant and civilized living environment, and promoting healthy and fulfilling lifestyles.

Hashtag: #vinhomes

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

Australian Government Provides Educational Relief Following Typhoon Yagi’s Devastation in Luang Namtha

Australia Embassy and MoES delegation observe packing of textbooks for Luang Namtha Province. (Photo: Lao News Agency)

On 24 October, the Australian Government provided essential learning materials to primary schools in Luang Namtha Province that were affected by recent flooding.

This initiative targeted schools in the Namtha, Nalae, and Sing districts, which experienced significant damage from flooding caused by Typhoon Yagi in September. The floods destroyed buildings and vital teaching resources, impacting around 1,800 students and teachers across 17 primary schools.

In response to an urgent request from the Ministry of Education and Sports, Australia financed the purchase of 7,740 textbooks and 1,530 teacher guides, totaling LAK 330,632,400 (approximately USD 15,081). These materials, which cover subjects like Lao Language, Science, and Social Studies, ensure comprehensive support for all primary grades.

Vice Minister Samlane Phankhavong and Benita Sommerville, Australia’s Deputy Head of Mission, officially handed over the materials, stressing the importance of quickly restoring educational resources. Samlane expressed gratitude for Australia’s ongoing support, highlighting that replacing lost textbooks is crucial for helping classes resume promptly.

FOXCONN INDUSTRIAL INTERNET Launches Latest WORLD ECONOMIC FORUM Lighthouse Certified Factory in Bắc Giang, Vietnam, Powered by AI 360 Camera and Immersive Real-Time Digital Twin Technology

Pioneering AI-Driven Smart Manufacturing, Vision-Based Security, Multi-Modal AI Autonomous Virtual Patrol and City-Scale Digital Twins


SINGAPORE – Media OutReach Newswire – 25 October 2024 – VIZZIO Technologies, POLYTRON.AI, and Foxconn Industrial Internet (Fii), have once again joined forces to launch Vietnam’s first World Economic Forum (WEF) Lighthouse Factory. This new facility, located at Fii’s Bắc Giang plant in Vietnam, is a beacon of smart manufacturing, incorporating cutting-edge AI, real-time analytics, and advanced REAL-TIME 3D digital twin technology to transform industrial operations.

This new Lighthouse Factory highlights Fii’s leadership in adopting Industry 4.0 innovations, optimising production, enhancing sustainability, pioneering highly efficient manufacturing models, and fortifying digital transformation, positioning them as leaders in both innovation and responsible production.

Leveraging VIZZIO’s expertise in large-scale 3D city mapping and visualization along with POLYTRON’s cutting-edge AI-driven 360-degree vision security solutions, this collaboration represents a transformative step for Fii and the entire manufacturing industry. The integration of these advanced technologies not only enhances security and operational efficiency but also positions Fii at the forefront of smart manufacturing innovations. This partnership sets a new benchmark for digital transformation in industrial environments, driving significant advancements in automation, surveillance, and intelligent infrastructure for factories of the future.

Leading the Future of Smart Manufacturing with Multi-Modal Autonomous AI 360 Patrol Systems

Foxconn Industrial Internet (Fii) is at the forefront of the global electronics manufacturing industry, integrating smart technologies to improve operational efficiency, sustainability, and security. Fii’s latest WEF Lighthouse Factory certification demonstrates its commitment to setting a global standard for manufacturing excellence by harnessing cutting-edge technologies like 3D mapping and VISION based AI AUTONOMOUS virtual patrol systems.

By leveraging innovative technologies, such as 3D city mapping powered by a multi-modal AI engine, (Fii) is pushing the boundaries of industrial digitization. This AI engine segments and interprets satellite images, street views, videos, and point clouds, creating dimensionally accurate, geo-specific, and geo-typical parametric hyper-photorealistic 3D digital twins. In addition, Fii deploys POLYTRON’s patented AI 360 vision-based Autonomous Patrol System, which is equipped with 360-degree security cameras to enhance surveillance capabilities.

Fii’s groundbreaking efforts have earned it the World Economic Forum (WEF) Lighthouse Factory certification for its FIRST Factory Facility in Vietnam, underscoring its dedication to setting global benchmarks for manufacturing excellence. This prestigious recognition highlights Fii’s focus on incorporating advanced technologies to revolutionize its production processes, fostering an ecosystem that is not only sustainable and secure but also intelligent and future-ready. The certification further emphasises Fii’s leadership in promoting a tech-driven industrial model, setting new standards for the global manufacturing sector.

Creating Digital Twin of Bắc Giang, Hanoi 3D City Twin using Satellite Imagery. Powered by Deep Learning

“We are dedicated to building the factories of the future—ones that are not only highly automated and connected but also secure and sustainable,” said Zongchang Liu, Chief Data Officer of Fii. “Our latest Lighthouse Factory demonstrates how technologies such as real-world digital twins and AI-driven 360-degree autonomous security systems can be seamlessly integrated to create a real-time 3D scene that is accessible via any device, allowing users to experience being ‘physically there’ without actually being on-site. This innovation enables our security and manufacturing teams to utilize a 24/7 autonomous patrol system powered by a multi-modal AI agent that comprehends everything it sees and promptly reports any anomalies. This advanced integration not only enhances the security and safety within the factory but also boosts the efficiency and sustainability of the entire manufacturing process.”

By seamlessly integrating Multi-Modal AI Agent, unique POLYTRON’s 360 Security Camera, REAL-TIME LIVE 3D Scene, and city-scale digital twins, Fii is pioneering a new era of smart factories that combine security with operational efficiency to build a truly future-ready manufacturing ecosystem. This sophisticated blend of technologies enables real-time monitoring, predictive maintenance, and autonomous decision-making processes, ensuring that safety and productivity are not just enhanced but fully optimised.

Fii World Economic Forum Lighthouse Factory Project. Vietnam Digital Twin – Smart Manufacturing.

These innovations are part of Fii’s broader vision to create a connected and intelligent industrial landscape, where automation and digitalisation drive sustainability and environmental responsibility. Fii is not only boosting productivity through these technologies but also ensuring a more eco-conscious approach to manufacturing, aligning with the growing global focus on green industrial practices. This forward-thinking strategy cements Fii’s role as a leader in shaping the future of the global manufacturing sector, setting new benchmarks for efficiency, safety, and environmental stewardship.

Digital Twins for Smarter Factories

VIZZIO’s proprietary AI-powered EARTH ENGINE platform plays a pivotal role in Fii’s latest Lighthouse Factory, enabling the creation of highly detailed, city-scale 3D digital twins that revolutionise operational oversight and planning. This innovative technology is complemented by POLYTRON, a VIZZIO subsidiary, which deployed its unique panoramic 360-degree video cameras alongside the AI-powered Video Management Server, POLYTRON ONE, to create a real-time live 3D environment within the factory.

These real-time, interactive 3D scenes provide an immersive and comprehensive view of both the factory’s external surroundings and internal operations. This capability empowers managers and planners to visualize, optimize, and monitor every aspect of the production environment with unprecedented precision. By integrating these digital twin and AI technologies, Fii enhances key aspects of its factory operations, from security and logistics to planning and decision-making. These real-time insights help reduce downtime, improve safety, and streamline production workflows, ultimately creating a more efficient, secure, and intelligent manufacturing environment.

The foundational technologies, pipeline and workflow deployed for Fii Bắc Giang Factory Facilities

This technological integration not only improves operational efficiency but also positions Fii as a leader in leveraging advanced digital tools to meet the evolving demands of Industry 4.0.

“Our collaboration with Fii represents a significant milestone, highlighting the transformative power of 3D mapping technology and AI-driven solutions in the industrial sector,” said Jon Lee, CEO of VIZZIO. “By integrating digital twins with POLYTRON’s LIVE 3D scene, supported by 360-degree cameras and the POLYTRON ONE Video Management Server, we are enabling Fii to build smarter, more efficient, and safer manufacturing environments. This real-time, interactive technology empowers Fii to fully optimize its operations, aligning perfectly with the demands of Industry 4.0.”

He added, “This collaboration not only underscores the critical role of digital transformation in modern manufacturing but also reinforces Fii’s commitment to driving innovation, efficiency, and sustainability in an increasingly competitive and evolving industrial landscape.”

AI-Powered Autonomous Virtual Patrol Technology

POLYTRON.AI has also introduced its next-generation AI-powered 3D 360° cameras and the Autonomous Virtual Patrol System into Fii’s new facility. This innovative system leverages multi-modal AI Agent to autonomously patrol factory grounds, identifying anomalies, and triggering real-time alerts without human intervention. POLYTRON’s 360-degree panoramic video cameras provide complete coverage (no blind spot), offering superior security compared to traditional surveillance systems.

“Our Multi-Modal AI, specifically designed to understand real-world 3D environments for security applications, alongside the deployment of a constellation of 360-degree cameras, is revolutionising the way industrial surveillance is conducted,” said Jon Lee, CEO of VIZZIO & POLYTRON. “By utilising AI agents to autonomously patrol the factory grounds, we are significantly enhancing the safety, intelligence, and security of Fii’s facilities. This AI-driven surveillance not only reduces the need for human intervention but also provides real-time monitoring and instant anomaly detection, ensuring that Fii’s industrial environments remain highly secure and operationally optimised.”

He further emphasised that this cutting-edge solution marks a fundamental shift in how security is managed in large-scale industrial settings, providing smarter, more reliable surveillance systems that can operate around the clock, allowing human teams to focus on higher-level tasks. This approach is a clear demonstration of how AI and automation can make factories not only safer but also more efficient in the long term.

How Vision-Based AI and Digital Twins Drive Smart Manufacturing

The integration of POLYTRON’s AI surveillance and VIZZIO’s 3D digital twins is a cornerstone of Fii’s smart manufacturing strategy, providing a robust and innovative solution that far surpasses traditional human-based security systems. The Autonomous Virtual Patrol system, powered by AI, offers continuous monitoring of factory operations, including real-time detection of security breaches, equipment malfunctions, and safety hazards. This AI-driven system operates without the fatigue, bias, or human error that typically plague manual security operations.

Software-based AI agents “patrol” the factory floor through an immersive real-time 3D digital twin environment, fusing 3D and video streams from POLYTRON’s 360-degree cameras

For example, human security personnel may miss critical events during routine patrols due to distraction, exhaustion, or complacency. In contrast, AI agents can monitor every corner of the facility around the clock with complete accuracy, capturing and analysing vast amounts of data from 360-degree cameras. This constant vigilance ensures that even the smallest anomalies—such as a malfunctioning machine, unauthorized access, or potential safety hazards—are identified and flagged for immediate action.

POLYTRON Cameras installed at FOXCONN INDUSTRIAL INTERNET Bắc Giang Factories

At the same time, VIZZIO’s digital twin technology provides an immersive, real-time 3D visualisation of the factory’s entire infrastructure. This technology empowers managers with a comprehensive spatial understanding of the facility, enabling them to optimize workflows, plan predictive maintenance, and enhance decision-making processes with a clear, accurate overview of factory operations.

The synergy between AI-driven security and 3D digital twin visualisation creates a fully integrated, intelligent manufacturing environment. This system not only reinforces the security and integrity of Fii’s operations but also significantly drives efficiency and sustainability. With continuous monitoring and automated insights, the system minimises operational risks, reduces the chances of human error, and maximises productivity, setting a new global standard for Industry 4.0 innovations.

AI Agent “patrolling” the factory floor for inspection and anomalies detection

In comparison to traditional security methods, which are prone to human errors, fatigue, and slow response times, this advanced AI system ensures immediate detection and reporting of irregularities, enabling proactive interventions. Human-based patrolling is reactive and limited by physical capacity, while AI systems offer scalable, non-stop surveillance and operate in real-time, enhancing overall safety and operational effectiveness.

This convergence of AI-driven security and real-time 3D visualisation reinforces the integrity and security of Fii’s manufacturing processes while driving greater efficiency and sustainability. By minimising operational risks and maximising productivity, this collaboration sets a new global benchmark for Industry 4.0 innovations.

POLYTRON ONE VIDEO MANAGEMENT SYSTEM

The AI-powered POLYTRON ONE Video Management Server seamlessly integrates various types of surveillance cameras, including POLYTRON 360-degree cameras and conventional CCTV systems, into a unified platform. This powerful system not only stores video footage via H.265 but also leverages VISION AI to analyse and manage all camera feeds in real-time. By doing so, it provides an advanced, centralised solution for overseeing security across the entire facility. The server’s capabilities allow for intelligent video analysis, enhancing detection accuracy, automating surveillance tasks, and streamlining overall security operations, making it an essential tool for modern, AI-driven industrial security systems.

AI-POWERED POLYTRON ONE Video Management Server unifies all types of cameras, including POLYTRON 360 and conventional CCTV cameras. It stores, analyses and provides a powerful video platform for managing all these security cameras.

Redefining the Future: AI-Powered Manufacturing Sets a New Global Standard

By integrating VIZZIO’s cutting-edge 3D mapping technology with POLYTRON’s groundbreaking AI-based Autonomous Virtual Patrol System, Fii is establishing a new global benchmark for the future of smart manufacturing. These advanced technologies, deployed within Fii’s WEF-certified Lighthouse Factory, are not only transforming operational efficiency and security but also showcasing the possibilities of real-time digital twin environments and AI-driven surveillance in the industrial sector.

This forward-thinking approach is setting a precedent for other global manufacturers, encouraging them to embrace these transformative technologies as they navigate the complexities of the Fourth Industrial Revolution (Industry 4.0). Fii’s integration of these innovations demonstrates how digitalisation and AI can enhance manufacturing ecosystems, making them more secure, efficient, and intelligent, paving the way for the next era of industrial excellence.

“This accreditation underscores our commitment to combining space technology, deep tech innovation, and industry expertise. We’re excited to work with FII to redefine the future of Industry 4.0 and lead the charge toward a transformative era of smart manufacturing excellence,” said Jon Lee, Founder and CEO of POLYTRON.AI and VIZZIO.AI.

As of 2024, Fii has developed eight of its own world-class WEF Lighthouse Factories and has empowered five additional factories for leaders across diverse industries. These factories are part of the World Economic Forum’s Global Lighthouse Network, which highlights facilities that lead in adopting Fourth Industrial Revolution (4IR) technologies such as AI, IoT, and advanced automation.

Fii has expanded its prestigious list of Lighthouse Factories by adding its Bắc Giang facility in Vietnam to the World Economic Forum’s (WEF) Global Lighthouse Network. This certification reflects Fii’s ongoing commitment to leading the transformation of manufacturing through advanced technologies. The Bắc Giang factory stands out for its integration of AI-powered systems, including VIZZIO’s 3D city-scale mapping and POLYTRON’s 360-degree camera-based Autonomous Patrol System, significantly enhancing security, operational efficiency, and real-time monitoring.

The recognition of the Bắc Giang factory as another Lighthouse Factory underscores Fii’s strategic focus on leveraging AI, digital twins, and smart manufacturing systems to set new global standards for the Fourth Industrial Revolution (Industry 4.0). This certification serves as a model for manufacturers worldwide, inspiring the adoption of innovative technologies that promote sustainability, security, and productivity.
Hashtag: #VIZZIOTechnologies #Artificialintelligence #Foxconn #Fii #FoxconnIndustrialInternet #Polytron.Ai




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

Vizzio Technologies

Vizzio Technologies leads the world in creating detailed 3D city models using satellite imagery and AI. We produce immersive digital twins of cities globally, integrating multi-resolution data and machine learning for real-time insights and modelling. Established in 2020, we have mapped over 1 million square kilometres of urban space, filed 34 patents, and saved 75% of time compared to traditional methods. Our goal is to deliver dimensionally accurate, photorealistic digital twins for every city on Earth, supporting a range of applications from urban planning to security.

KPMG and ACCA Launch Pioneering ESG Programme to Transform Accountancy for Future Business Needs

  • Innovative programme addresses the urgent call for ESG skills in accountancy
  • Equip non-accountants with ESG knowledge to explore relevant careers
  • No-cost foundational ESG knowledge track available for a diverse range of participants
  • Supports global sustainability efforts and ethical business standards, aligning with current industry expectations
  • Responds to AWRC report, ensuring accountants remain pivotal in sustainable business advancement

SINGAPORE – Media OutReach Newswire – 25 October 2024 – KPMG in Singapore and ACCA (the Association of Chartered Certified Accountants) have announced the launch of a pioneering learning programme designed to address the future skills needed for the accountancy profession, as well as equip non-accountancy graduates and strengthen their professional capabilities to enter the field. This initiative is a direct response to the recommendations of the Accountancy Workforce Review Committee (AWRC) report released in May 2024, which underscored the urgent need for enhanced ESG (environmental, social, and governance) capabilities among accountancy professionals.

In alignment with the AWRC report, the programme focuses on equipping accountants with future-ready ESG skills, ensuring the profession remains indispensable to advancing sustainable business practices. Moreover, it creates an inclusive pathway for those without a traditional accounting background, enabling them to transition into the profession through specialised ESG training. This dual focus addresses both the evolving skill requirements and the necessity of diversifying the talent pipeline within the accountancy sector.

Launched today at ACCA’s Annual Conference 2024, this initiative highlights the evolving role of accountants beyond traditional audit and assurance functions. With sustainability reporting becoming increasingly critical, the demand for ESG expertise is surging with accountants now needing to lead the charge in advancing sustainable business practices across various industries.

Alex Koh, Partner and Head of Audit, KPMG in Singapore said: “To redesign the accountancy workforce, we must attract new talent by prioritising adaptability, collaboration and innovation. Today’s accountants are not just guardians but strategic advisors, guiding businesses through complex challenges. Trust remains at the core of our profession, particularly in areas like ESG assurance and AI governance. Our collaboration with ACCA to introduce the ESG future skills programme is more than just providing access— it is about building on qualities and fundamentals that accountants already possess and applying these to emerging areas. This approach ensures that accountants can confidently navigate and address the practical challenges of a rapidly changing business environment, all while maintaining the essential trust that underpins our profession.”

“Sustainability is a top priority for businesses, governments, and the public sector. Finance professionals play a crucial role in driving and implementing sustainable practices across a wide range of organisations,” said Daniel Leung, Country Manager, ACCA Singapore. “ACCA is proud to partner with KPMG to launch this important programme, which will equip industry talents with the skills needed to shape a sustainable future. This initiative also aligns perfectly with our Annual Conference theme, ‘Reinventing the Profession for a Changed World,’ as we continue to foster the flexible skills necessary for the evolving profession.”

The finance and accounting skillset remains highly valuable and versatile, extending beyond traditional roles to create value for organisations, such as advancing a company’s sustainability agenda. Recommendations from the report released by AWRC highlighted that accountants need to be engaged in more diverse and purposeful work, and be recognised as crucial, valued business partners in an organisation.

Supporting these findings, ACCA’s 2024 worldwide survey of employers revealed that some of the most sought-after skills by employers in Singapore include ESG-related skillsets such as ethics and leadership. Demand for skillsets in sustainability in green finance rose from 38 percent to 47 percent this year.

According to KPMG’s research, more than half (56 per cent) of existing financial services job roles, representing more than 50,000 financial services professionals, will require upskilling on sustainability topics as these are increasingly incorporated into their critical work functions. For example, recent regulatory updates have enhanced Singapore listed companies’ climate related disclosure requirements from FY2025, which will require accounting professionals within these companies to be well-versed in these sustainability related regulations to effectively incorporate these into their work tasks and responsibilities.

Those with expertise in ESG will experience higher demand and enjoy diverse career prospects in a landscape where sustainable and ethical practices are increasingly prioritised.

Forging sustainability in businesses of the future

The programme comprises free masterclasses structured into two tracks.

The first track, which focuses on foundational ESG knowledge in areas such as climate risk, reporting, and measurements, is currently offered at no cost to participants. This makes it accessible to new graduates and working adults from any background, including those eyeing a career shift to climate reporting. The content in this track prepares participants to eventually take on job roles such as climate and impact reporting accountants, as well as sustainability finance consultants. Eligible participants of this track will also have the chance to take part in industry attachment opportunities with KPMG to apply ESG into business transformation and corporate practice.

The second track offers advanced content for senior finance leaders, enhancing their strategic and technical expertise acquired from their accountancy qualification or relevant work experience, extending these to strategic planning, decision-making, reporting and assurance. The content in this track prepares participants to eventually take on job roles such as Chief Sustainability Officers, Chief Financial Officers, or heads of ESG audit and assurance.

Participants in both tracks also have the option to further pursue either ACCA’s Certificate in Sustainability of Finance (CertSF) or the ACCA Professional Diploma in Sustainability (ProDipSust) separately, which will provide them with additional credentials to bolster their sustainability expertise.

Through collaborative knowledge-sharing and networking opportunities, participants will engage with industry experts from both KPMG and ACCA, gaining insights and practical skills. Both tracks will culminate in a joint certificate between KPMG and ACCA, validating the participants’ proficiency in integrating sustainable and ethical strategies into their roles. More details on the learning programme can be found in the accompanying infographic.

KPMG has been actively collaborating with government agencies and businesses across the region to enable ESG transformation and design decarbonisation pathway needs. Initiatives such as the KPMG ASEAN Decarbonisation Hub and the recent ESG Playbook for Charities underscore KPMG’s proactive and collaborative approach to helping businesses embrace ESG as a key business enabler. Furthermore, leveraging KPMG’s strong foundation in audit and accountancy, coupled with robust data and assurance rigor is key to equipping professionals with essential skills necessary to drive sustainable business models. Coupled with ACCA, a globally recognised professional accountancy body providing forward-looking qualifications and renowned for making them accessible, this collaborative learning programme offers a unique approach to ESG training. In addition, the strong global presence of both KPMG and ACCA opens opportunities to expand the programme to other countries, broadening the reach and impact of ESG education.
Hashtag: #KPMG #ACCA

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

About KPMG in Singapore

KPMG in Singapore is part of a global organization of independent professional services firms providing Audit, Tax and Advisory services. We operate in 143 countries and territories with more than 273,000 partners and employees working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.

For more detail about our structure, please visit kpmg.com/governance.

For more information, visit kpmg.com.sg

LinkedIn: linkedin.com/company/kpmg-singapore

About ACCA

We are ACCA (the Association of Chartered Certified Accountants), a globally recognised professional accountancy body providing qualifications and advancing standards in accountancy worldwide.

Founded in 1904 to widen access to the accountancy profession, we’ve long championed inclusion and today proudly support a diverse community of over 252,500 members and 526,000 future members in 180 countries.

Our forward-looking qualifications, continuous learning and insights are respected and valued by employers in every sector. They equip individuals with the business and finance expertise and ethical judgment to create, protect, and report the sustainable value delivered by organisations and economies.

Guided by our purpose and values, our ambition is to lead the accountancy profession for a changed world. Partnering with policymakers, standard setters, the donor community, educators and other accountancy bodies, we’re strengthening and building a profession that drives a sustainable future for all.

Find out more at:

KPMG and ACCA Launch Pioneering ESG Programme to Transform Accountancy for Future Business Needs

  • Innovative programme addresses the urgent call for ESG skills in accountancy
  • Equip non-accountants with ESG knowledge to explore relevant careers
  • No-cost foundational ESG knowledge track available for a diverse range of participants
  • Supports global sustainability efforts and ethical business standards, aligning with current industry expectations
  • Responds to AWRC report, ensuring accountants remain pivotal in sustainable business advancement

SINGAPORE – Media OutReach Newswire – 25 October 2024 – KPMG in Singapore and ACCA (the Association of Chartered Certified Accountants) have announced the launch of a pioneering learning programme designed to address the future skills needed for the accountancy profession, as well as equip non-accountancy graduates and strengthen their professional capabilities to enter the field. This initiative is a direct response to the recommendations of the Accountancy Workforce Review Committee (AWRC) report released in May 2024, which underscored the urgent need for enhanced ESG (environmental, social, and governance) capabilities among accountancy professionals.

In alignment with the AWRC report, the programme focuses on equipping accountants with future-ready ESG skills, ensuring the profession remains indispensable to advancing sustainable business practices. Moreover, it creates an inclusive pathway for those without a traditional accounting background, enabling them to transition into the profession through specialised ESG training. This dual focus addresses both the evolving skill requirements and the necessity of diversifying the talent pipeline within the accountancy sector.

Launched today at ACCA’s Annual Conference 2024, this initiative highlights the evolving role of accountants beyond traditional audit and assurance functions. With sustainability reporting becoming increasingly critical, the demand for ESG expertise is surging with accountants now needing to lead the charge in advancing sustainable business practices across various industries.

Alex Koh, Partner and Head of Audit, KPMG in Singapore said: “To redesign the accountancy workforce, we must attract new talent by prioritising adaptability, collaboration and innovation. Today’s accountants are not just guardians but strategic advisors, guiding businesses through complex challenges. Trust remains at the core of our profession, particularly in areas like ESG assurance and AI governance. Our collaboration with ACCA to introduce the ESG future skills programme is more than just providing access— it is about building on qualities and fundamentals that accountants already possess and applying these to emerging areas. This approach ensures that accountants can confidently navigate and address the practical challenges of a rapidly changing business environment, all while maintaining the essential trust that underpins our profession.”

“Sustainability is a top priority for businesses, governments, and the public sector. Finance professionals play a crucial role in driving and implementing sustainable practices across a wide range of organisations,” said Daniel Leung, Country Manager, ACCA Singapore. “ACCA is proud to partner with KPMG to launch this important programme, which will equip industry talents with the skills needed to shape a sustainable future. This initiative also aligns perfectly with our Annual Conference theme, ‘Reinventing the Profession for a Changed World,’ as we continue to foster the flexible skills necessary for the evolving profession.”

The finance and accounting skillset remains highly valuable and versatile, extending beyond traditional roles to create value for organisations, such as advancing a company’s sustainability agenda. Recommendations from the report released by AWRC highlighted that accountants need to be engaged in more diverse and purposeful work, and be recognised as crucial, valued business partners in an organisation.

Supporting these findings, ACCA’s 2024 worldwide survey of employers revealed that some of the most sought-after skills by employers in Singapore include ESG-related skillsets such as ethics and leadership. Demand for skillsets in sustainability in green finance rose from 38 percent to 47 percent this year.

According to KPMG’s research, more than half (56 per cent) of existing financial services job roles, representing more than 50,000 financial services professionals, will require upskilling on sustainability topics as these are increasingly incorporated into their critical work functions. For example, recent regulatory updates have enhanced Singapore listed companies’ climate related disclosure requirements from FY2025, which will require accounting professionals within these companies to be well-versed in these sustainability related regulations to effectively incorporate these into their work tasks and responsibilities.

Those with expertise in ESG will experience higher demand and enjoy diverse career prospects in a landscape where sustainable and ethical practices are increasingly prioritised.

Forging sustainability in businesses of the future

The programme comprises free masterclasses structured into two tracks.

The first track, which focuses on foundational ESG knowledge in areas such as climate risk, reporting, and measurements, is currently offered at no cost to participants. This makes it accessible to new graduates and working adults from any background, including those eyeing a career shift to climate reporting. The content in this track prepares participants to eventually take on job roles such as climate and impact reporting accountants, as well as sustainability finance consultants. Eligible participants of this track will also have the chance to take part in industry attachment opportunities with KPMG to apply ESG into business transformation and corporate practice.

The second track offers advanced content for senior finance leaders, enhancing their strategic and technical expertise acquired from their accountancy qualification or relevant work experience, extending these to strategic planning, decision-making, reporting and assurance. The content in this track prepares participants to eventually take on job roles such as Chief Sustainability Officers, Chief Financial Officers, or heads of ESG audit and assurance.

Participants in both tracks also have the option to further pursue either ACCA’s Certificate in Sustainability of Finance (CertSF) or the ACCA Professional Diploma in Sustainability (ProDipSust) separately, which will provide them with additional credentials to bolster their sustainability expertise.

Through collaborative knowledge-sharing and networking opportunities, participants will engage with industry experts from both KPMG and ACCA, gaining insights and practical skills. Both tracks will culminate in a joint certificate between KPMG and ACCA, validating the participants’ proficiency in integrating sustainable and ethical strategies into their roles. More details on the learning programme can be found in the accompanying infographic.

KPMG has been actively collaborating with government agencies and businesses across the region to enable ESG transformation and design decarbonisation pathway needs. Initiatives such as the KPMG ASEAN Decarbonisation Hub and the recent ESG Playbook for Charities underscore KPMG’s proactive and collaborative approach to helping businesses embrace ESG as a key business enabler. Furthermore, leveraging KPMG’s strong foundation in audit and accountancy, coupled with robust data and assurance rigor is key to equipping professionals with essential skills necessary to drive sustainable business models. Coupled with ACCA, a globally recognised professional accountancy body providing forward-looking qualifications and renowned for making them accessible, this collaborative learning programme offers a unique approach to ESG training. In addition, the strong global presence of both KPMG and ACCA opens opportunities to expand the programme to other countries, broadening the reach and impact of ESG education.
Hashtag: #KPMG #ACCA

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

About KPMG in Singapore

KPMG in Singapore is part of a global organization of independent professional services firms providing Audit, Tax and Advisory services. We operate in 143 countries and territories with more than 273,000 partners and employees working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.

For more detail about our structure, please visit kpmg.com/governance.

For more information, visit kpmg.com.sg

LinkedIn: linkedin.com/company/kpmg-singapore

About ACCA

We are ACCA (the Association of Chartered Certified Accountants), a globally recognised professional accountancy body providing qualifications and advancing standards in accountancy worldwide.

Founded in 1904 to widen access to the accountancy profession, we’ve long championed inclusion and today proudly support a diverse community of over 252,500 members and 526,000 future members in 180 countries.

Our forward-looking qualifications, continuous learning and insights are respected and valued by employers in every sector. They equip individuals with the business and finance expertise and ethical judgment to create, protect, and report the sustainable value delivered by organisations and economies.

Guided by our purpose and values, our ambition is to lead the accountancy profession for a changed world. Partnering with policymakers, standard setters, the donor community, educators and other accountancy bodies, we’re strengthening and building a profession that drives a sustainable future for all.

Find out more at:

Vientiane Special Economic Zones Attract Over USD 622 Million in Investment in First Nine Months of 2024

Laos Seals MOU With Chinese Firm for Development of That Luang SEZ
A mockup of the That Luang Special Economic Zone, which is located in the heart of Vientiane and is expected to completed by 2030 (photo: KPL)

During the first nine months of 2024, Vientiane’s five special economic zones (SEZs) attracted investments from 39 new domestic and foreign companies, totaling USD 622.59 million in capital investment and USD 224.51 million in registered capital. This performance surpassed the city’s annual target of 35 companies.

This update was shared at a recent meeting at the Vientiane Government Office, led by Deputy Governor of the Bank of Laos, Suliwat Suvanajumkham, and Deputy Governor of Vientiane Capital, Sirilat Nongsin Thongpheng. The meeting focused on the progress made in line with the national agenda and the goals outlined in the 9th National Economic Development Plan.

Deputy Governor Sirilat reported on Vientiane’s ongoing investment attraction efforts, which began in 2021, with projects spanning several sectors, including agriculture and forestry, industry and trade, media, culture, and tourism, and public works and transport.

So far, 12 of these projects have attracted investor interest. Of these, seven have received investment and concession approvals, four are in the feasibility study phase, and one is still in the proposal stage.

The five SEZs—Xaysettha Comprehensive Development Zone, Bueng That Luang Special Economic Zone, Long Thang-Vientiane Special Economic Zone, Dong Pho Si Special Economic Zone, and Vientiane Logistics Zone—are progressing, particularly in infrastructure development, including residential buildings and factories. 

Among the 39 new investments, 24 came from foreign companies, seven from domestic firms, and eight were joint ventures. To date, realized investments total USD 40.32 million.

This strong growth highlights Vientiane’s strategic position in attracting foreign investment and driving economic development in Laos.

Connect with the Global AI Community and Explore Innovations, Investments and Partnerships at AIMX SG, held at the Singapore Week of Innovation and Technology (SWITCH) 2024


SINGAPORE – Media OutReach Newswire – 25 October 2024 – AIMX Singapore (AIMX SG) will return for its second edition at the Singapore Week of Innovation & Technology (SWITCH) 2024. The 3-day conference and exhibition will take place from 28-30 October at the Sands Expo and Convention Centre, and convene a global audience of AI practitioners, business leaders, Chief Technology Officers (CTOs), and the broader tech community to explore AI innovations deployed in the real world.

Connect with the Global AI Community and Explore Innovations, Investments and Partnerships at AIMX SG, held at the Singapore Week of Innovation and Technology (SWITCH) 2024

Connecting the Global AI Ecosystem in Singapore

This year’s event promises to be a landmark gathering of AI startups, Big Tech, investors and practitioners, including thought leaders from both AI and industry ecosystems. These include organisations and companies like AI Singapore, Amazon Web Services, DHL Express, GDP Venture, Google, Hitachi High-Tech Corporation, Hewlett Packard Enterprise, IBM, ING, NTT Docomo Asia, Philips Electronics, SAP, ST Engineering, Tsing Zhi Capital, and Ubisoft.

Alluding to the high value impact of converging the global AI ecosystem at AIMX SG, Jason Ng, Managing Director of MP Group, said

According to a report released by Deloitte in 2023, more than USD5 trillion of economic activity would be disrupted by AI. Singapore has been at the forefront of AI research, development and adoption, driven by a combination of government initiatives, a robust tech ecosystem and strong public-private partnerships. AIMX SG is a pivotal platform that reflects Singapore’s aspirations to be a global AI hub.”

At AIMX SG 2024, participants can look forward to:

  • Exploring cutting-edge AI solutions deployed in the real world: Expert keynotes, presentations and discussions will showcase emerging AI innovations that are transforming industries.
  • Pursuing technological partnerships: Engage with leaders and practitioners from AI and tech ecosystems, to pursue new collaborations on AI solutions to address global issues.
  • Identifying AI investments: Connect with innovative AI startups and established companies seeking funding to fuel their growth and product development


From Practitioners to Novices: AI for all levels of Expertise

Across three days, AIMX SG will offer a diverse programme designed to cater to a wide range of interests and experience levels:

Day 1: AI Innovation for Industry
Take a deep dive with emerging AI startups, Big Tech and global organisations as they take to the stage to showcase new AI solutions developed for industry use cases.
Industry thought leaders on Day One include Shankar Raghavan, Senior Director of Hewlett Packard Enterprise Asia Pacific’s GreenLake Cloud Services, who will share how enterprises can make GenAI a reality, from the initial vision to full-scale deployment.
Day 2: AI Practitioner Workshops

Leading AI Practitioners will take to the stage to conduct exclusive workshops that range from data management, model building and even trustworthy AI in the brave new AI world.
Attendees are highly encouraged to bring their laptops or computing device of choice to learn from experts’ presentations, which include the hands-on workshop conducted by ST Engineering, where attendees can learn how AI can transform data-driven decision-making, enhance automation and drive impactful solutions.

Day 2: Adapting AI to Benefit Southeast Asia: Regional Approaches

In a special gathering of the top researchers behind the leading open-source Southeast Asia language models, AIMX SG will feature a collaborative discussion between AIibaba DAMO Academy, AI Singapore and SEA AI Lab. The audience will be treated to in-depth presentations by the teams behind SeaLLM, SEA-LION and Sailor, followed by a collaborative discussion on unlocking the benefits of LLMs uniquely tailored to Southeast Asia’s diverse cultural context.

Day 3: Global Perspectives on AI

Engage with a global AI community of leaders, practitioners, and innovators as they share their uniquely local challenges and perspectives on AI. Expect to hear from and engage with AI and industry leaders from diverse regions spanning East Asia, Europe and Southeast Asia.

One of these sessions will be moderated by Japanese innovation consultant, INDEE, with a panel of global and Japanese experts to explore how Japan is navigating the complexities of AI technology in various sectors.

For more information on AIMX SG 2024’s programme, please refer to the Annex.

To secure complimentary access to AIMX SG 2024, visit https://aimx.global/singapore

For more information, visit: https://aimx.global/singapore/

Annex

Over three days, from 28-30 October 2024, global AI experts and industry leaders will take to the stage and speak on a broad range of topics.

For more information, visit: https://aimx.global/singapore/

28 October 2024 | AI Innovation for Industry

  • Bringing GenAI to Life in Enterprises: From Vision to Reality
  • Effective AI Innovation Ecosystems: A Partnership Between Industries, Universities and Governments
  • Scale and Accelerate the Impact of AI for Business
  • Enabling AI Collaboration Between Industry, Academia and Government
  • AI-Driven Cybersecurity: Balancing Innovation with Risk Mitigation
  • Advancing AI Innovation through the Integration of Industry and Research
  • Light in the Cave: Leapfrog with Artificial Intelligence (AI) Transformation
  • Riding the GenAI Wave: How Startups are Innovating with Generative AI
  • GenAI in APAC: ROI and Use Cases
  • Navigating Uncharted Territory: Appearances can be Deceiving in Minimally Invasive Surgery
  • Physical Security Reinvented: Exploring Industry Transformation Driven by the Confluence of Robotics, AI, and Connectivity
  • How Technology for Mars Helps our Daily Lives
  • Resolving R&D issues with DX (Digital Transformation) solutions
  • Reversing the Cost of AI/GPU – A Unique Case Study on GPU vs CPU: Balancing Performance, Cost and ESG
  • AI and Video Games: Crafting a Responsible and Creative Future for the Industry

29 October 2024 | AI Practitioners Workshops & Deep-dive into Southeast Asia LLMs

  • From Machine Learning to Trustable AI
  • Revolutionizing Productivity: The Power of Microsoft 365 Copilot
  • Leveraging LLMs for Conversational Question-Answering
  • Hands-on: AI Tools for MICE and Sustainability
  • Can your Model be Trusted? Building Trustworthy AI for Creators and End Users.
  • Modelling 3D Worlds in Real Time : The Long Road From Plausible to Accurate
  • Empowering Human-AI Collaboration to Unlock Smarter, Faster and More Innovative Solutions
  • Adapting AI to Benefit Southeast Asia: Regional Approaches

30 October 2024 | Global Perspectives on AI

  • AI Briefing and Update: Vietnam
  • How the UK is Building a Flourishing AI Habitat
  • AI in Japan Uncovered: Are Jobs Being Taken Over or Are They Hired?
  • Navigating AI Innovation: Opportunities and Impact for Europe’s Future
  • AI Briefing and Update: South Korea

Hashtag: #AIMXSingapore #AIMXSG #switchsg #ArtificialIntelligence #AI

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

About AIMX

The 2nd edition of AIMX SG will comprise a 3-day conference and exhibition, to be co-located at Singapore Week of Innovation & Technology (SWITCH) 2024, from 28-30 October 2024 at the Sands Expo & Convention Centre, Singapore.

AIMX SG will spotlight the emerging AI innovation from Singapore and beyond, rallying the global deep tech ecosystem to explore new industry use cases, investment and technological collaborations.

Expect to hear from both Singapore and global ecosystem leaders, and the programmes that are catalysing new AI solutions for industry, the environment and society.

For more information, please visit

About MP Group

The MP Group (MP) is a global full-service agency that specialises in connecting and building eco-systems, industry engagement, events management and marketing.

Established since 1987, MP embodies more than a quarter century of event building, marketing and management experience in both Eastern and Western cultures, practices, and business philosophies. We bring world-class talent, industry expertise, and incredible enthusiasm into the design and management of extraordinary online-to-offline experiences for your organisation.

MP is part of Pico Group, a global group of agencies specialising in engaging people, creating experiences and activating brands for businesses, institutions and governments. As part of the Pico group, MP has unlimited access to a wide network of industry contacts and resources. Pico Far East Holdings has been listed on the Hong Kong Stock Exchange since 1992.