28 C
Vientiane
Tuesday, May 6, 2025
spot_img
Home Blog Page 1260

NTT Receives “PropTech Integration Company of the Year – Silver” in the PropTech Excellence Awards 2024

An accreditation of NTT’s vision and robust capabilities in the development and application of IoT, AI and smart technologies for the property sector in the future


HONG KONG SAR – Media OutReach Newswire – 22 March 2024 – As part of NTT Group, a world-leading telecommunications and ICT service provider, NTT Com Asia Limited (NTT) has been honored with the “PropTech Integration Company of the Year – Silver” at the PropTech Excellence Awards 2024, in recognition of the remarkable achievements of NTT’s Building Management Solution.

Steven So, Senior Vice President, Data Centre Hong Kong, NTT Com Asia, receives the trophies at the Award Presentation Ceremony of PropTech Excellence Awards 2024.
Steven So, Senior Vice President, Data Centre Hong Kong, NTT Com Asia, receives the trophies at the Award Presentation Ceremony of PropTech Excellence Awards 2024.

NTT’s self-developed Building Management Solution leverages automated monitoring and management tools to empower facility operators and property owners with centralized control. Critical aspects of the building can be accessed and managed effectively through a single-pane-of-glass interface. By streamlining workflows and optimizing maintenance processes using an AI-enabled predictive approach, the solution significantly reduces management workloads and enhances overall supervision, unlocking the full productivity potential of the building.

Steven So, Senior Vice President, Data Centre Hong Kong, NTT Com Asia, said, “We are deeply honored to receive this prestigious accolade. In an era of digital transformation, property owners, facility developers and real estate players are increasingly adopting digital technologies to optimize their operations. NTT has remained committed and made substantial investment in innovative building management and IoT solutions. The success of our Building Management Solution will further extend to the market, addressing the evolving demands, enhancing building performance, and ultimately delivering premium services that lead to heightened customer satisfaction.”

The successful deployment of the solution in NTT’s data centre, despite the complexity of its building design, demonstrates how smart property operations can be optimized through innovative building management practices.

The PropTech Excellence Awards 2024, organized by The Hong Kong PropTech Association (HKPTA), aims to celebrate companies and individuals who demonstrate outstanding innovation and excellence in leveraging technology to revolutionize the real estate industry and drive continuous advancement of the PropTech ecosystem.

Hashtag: #NTT #PropTechExcellenceAwards

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

About NTT Com Asia Limited

As part of NTT Group, a world-class leader in telecommunications and ICT services, NTT Com Asia Limited (“NTT”) is dedicated to delivering the best ICT infrastructure and disruptive technologies with the vision to enable a smarter world.

Riding on the leading enterprise mobile technology from docomo business in Japan, we are bringing cutting-edge and ready-to-market IoT, AI and other digital solutions to support enterprises to develop a mobile-first strategy in their digitalization journey.

For more information, please visit:

Houaphan Authorities Investigate Chemical Leak from Mining Company

Houaphan Authorities Investigate Chemical Leak from Mining Company
FILE: this image is used only for representational purpose (photo: Pal TV)

Houaphan’s provincial authorities are promptly responding to reports of chemical discharge from Laos-China Rare Mineral Development Company North 2 Limited into a river in Hua Man and Hua Tabun district, Houaphanh Province. The incident sparked outrage among residents, particularly concerning the impact on fish and livestock, vital sources of nutrition for the local population.

QIC shares insights in Europe on the significant opportunities in decarbonisation and decentralisation


BERLIN, GERMANY – Media OutReach Newswire – 22 March 2024 – Queensland Investment Corporation (QIC) this week participated in the annual Infrastructure Investor Global Summit which took place in Berlin from 18-21 March 2024. A large contingent from QIC’s London, New York and Australian offices were in attendance for what is the largest infrastructure investment gathering annually.

Arash Shojaie, Senior Principal, QIC Infrastructure
Arash Shojaie, Senior Principal, QIC Infrastructure
Kirsten Whitehead, Partner, QIC Infrastructure
Kirsten Whitehead, Partner, QIC Infrastructure



Kirsten Whitehead, Partner, QIC Infrastructure spoke on the opening keynote panel “Embracing Infrastructure’s Key Strengths in a Challenging Environment” which focused on finding relative value, the importance of partnerships, value preservation and value creation.

She described the need to bolster asset resilience to climate risk as not just prudent but ‘pivotal’ for sustainable progress, and emphasised Australia’s compelling energy transition landscape.

“Australia is an attractive infrastructure investment destination with a stable and open economy, rich in critical minerals, good trade ties, and a pipeline of attractive infrastructure investment opportunities,” said Ms Whitehead. “With portfolio companies including some of Australia’s leading renewable energy and sustainable off grid power solutions businesses, we have an important role to play in Australia’s energy transition which will need to be delivered through a decentralised solution.”

On the panel, Ms Whitehead also mentioned that significant opportunities lie in the intersection between decarbonisation and other key thematics such as decentralisation and digitisation. “When considering these opportunities in an Australian context, they converge to shape an enormous opportunity set.”

Arash Shojaie, Senior Principal, QIC Infrastructure also shared insights on a panel called “Investing in Energy: Opportunities in Infrastructure created by the Transition” which covered macro impacts such as deglobalisation on the energy transition agenda and decarbonising the economy beyond just renewables.

“Advances in renewable energy and storage technologies have led to an evolution of the electricity ecosystem with a range of investment opportunities from renewable energy generation to transmission, ancillary infrastructure services, storage, distribution, consumer needs, electric transport and more,” said Mr Shojaie on the panel. “The primary challenge is how we combine and sequence the available technologies and applications that enable the energy transition; and how policy makers and capital allocators bring these elements together.”

Other topics that arose during the summit included funding the energy transition. As companies and governments around the world set ambitious targets for carbon reduction, one of the main hurdles to achieving these goals is securing financing. For this reason, the global shift to renewable energy is one of the most important themes driving new deal flow for QIC’s direct infrastructure lending programme.

In addition, the relative value of junior infrastructure debt is currently attractive given its performance in the macro environment and the considerable level of transaction activity occurring across refinancing, growth capex requirements and M&A activities.

QIC deploys a thematic infrastructure investment strategy, focusing on the key themes of decarbonisation, deglobalisation, decentralisation and an ageing population. Its sector-centric investment focus is on Energy and Utilities, Transport and Social and Healthcare.
Hashtag: #QIC

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

About QIC Infrastructure

QIC is a long-term infrastructure investor with an established international platform, an active management approach and a strong 17-year track record. With an international team of 84 professionals across five offices, QIC Infrastructure manages A$32.8bn (US$22.4bn) across 22 international direct investments and has realised in excess of A$15.2bn back to its clients. QIC manages A$7.1bn in Australian energy assets across the energy value chain (as at 31 December 2023).

About QIC Private Debt

QIC Private Debt offers institutional investors exposure to diversified debt investments across infrastructure (within the OECD), and corporate, asset-backed securities and real estate sectors (in Australia/New Zealand). Established in 2021, QIC Private Debt now has over US$1bn of assets under management and committed capital, split across Multi-Sector Private Debt (~US$600m) and Private Debt Infrastructure (~US$400m) offerings (as at 31 December 2023).

About QIC  

QIC is a long-term specialist manager in alternatives offering infrastructure, real estate, private capital, liquid strategies and multi-asset investments. It is one of the largest institutional investment managers in Australia, with A$106bn (US$72.5bn) in funds under management. QIC has over 900 employees and serves approximately 115 clients. Headquartered in Brisbane, Australia, QIC also has offices in Sydney, Melbourne, New York, San Francisco, London and Singapore (as at 31 December 2023). For more information, please visit: www.qic.com

About the Infrastructure Investor Network Global Summit

Website:

This year’s annual Infrastructure Investor Global Summit took place in Berlin from 18-21 March. It brought together 3,000+ of the world’s leading investors, managers and strategic partners for unrivalled networking opportunities and unmatched content. Attendees were able to create new synergies, uncover new opportunities and help shape the future of infrastructure on a global scale. All in one place, across four days.

IMPORTANT INFORMATION
QIC Limited ACN 130 539 123 (“QIC”) is a wholesale funds manager, and its products and services are not directly available to, and this document may not be provided to any, retail clients. QIC is a company government owned corporation constituted under the Queensland Investment Corporation Act 1991 (QLD). QIC is also regulated by State Government legislation pertaining to government owned corporations in addition to the Corporations Act 2001 (Cth) (“Corporations Act”). QIC does not hold an Australian financial services (“AFS”) licence and certain provisions (including the financial product disclosure provisions) of the Corporations Act do not apply to QIC. Other wholly owned subsidiaries of QIC do hold AFS licences and are required to comply with relevant provisions of the Corporations Act. QIC also has wholly owned subsidiaries authorised, registered or licensed by the United Kingdom Financial Conduct Authority (“FCA”), the United States Securities and Exchange Commission (“SEC”) and the Korean Financial Services Commission. For more information about QIC, our approach, clients and regulatory framework, please refer to our website www.qic.com or contact us directly.

For more information about QIC, our approach, clients and regulatory framework, please refer to our website www.qic.com or contact us directly.

The statements and any opinions in this document (the “Information”) are of a general nature and for commentary purposes only and do not take into account any investor’s personal, financial or tax objectives, situation or needs. The Information is not intended to constitute and should not be relied on as personal legal or investment advice and it does not constitute, and should not be construed as, an offer to sell or solicitation of an offer to buy, securities or any other investment, investment management or advisory services.

Laos, China Collaborate to Advance Traditional Medicine

Lao local traditional medicines (Photo: Pha Khao Lao)

Traditional medicines in Laos are poised for broader recognition as a state-run pharmaceutical enterprise partnered with three Chinese agencies to enhance the therapeutic potential of traditional medicine in the country.

Forex trading robots: everything traders need to know about automatic trading systems – Octa

There are different types of traders in the Forex market, and each has its own way of working. However, all traders can be divided into two groups: those who prefer to trade manually and those who stick to automated trading and use trading robots. In this article, Octa discusses Forex trading robots, also called Expert Advisors, and automated trading.


KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 22 March 2024 – Trading robots are automatic trading systems that, based on a certain algorithm, independently manage the trader’s financial flows. An automated trading program or script is not subject to ordinary human weaknesses—it doesn’t need to eat, sleep, or spend time with its loved ones. The trading robot can analyse the situation around the clock during the entire market operation hours, choose the most convenient moments for transactions, control the account balance, and monitor the execution of orders. Practice shows that using Forex trading robots greatly simplifies and automates the trader’s activity.

Octa

History and types of trading robot creation

  • First generation. The prototypes of modern trading robots appeared in the late 60s and early 70s of the last century. These semi-automatic systems were based on long-term trend-tracking strategies, with sharp changes in quotes serving as a signal. They signalled traders about changes in the market, and the traders made their own decisions on what to do in this situation.
  • The second generation. In the early 70s, new robots based on statistical algorithms appeared. The first was ‘momentum, ‘ which monitored the oversold market using various indicators. Another one was ‘reversal systems’, which detected deviations of the traded asset from its average value for a specified period and calculated the moments when the probability of quotes returning to the average would be higher than 50%.
  • The third generation of robots relied not so much on digital price and time data as on a data set—they identified which patterns were present in the market and signalled when the pattern changed, not the trend.

Algorithms have been improving evenly with the technological progress of society. Thus, high-frequency robots (HFT robots) appeared with the growth of internet connection speed, which can make thousands of transactions per second. With the advent of artificial intelligence (AI) technology, there is no need to write an extended code—AI has taken this function over. Machine learning (ML) technology will help create a trading algorithm by observing the trader’s actions.

How to choose a trading robot
The actual efficiency of a trading robot directly depends on what algorithm it is guided by. A certain algorithm often brings solid profit for a long time, and then, due to certain market mechanisms, it starts to operate at a loss. Therefore, to make money on Forex, you need to be able to not only install and run the program but also understand the relevance of its working methods. During the selection process, it is necessary to study the essential information and parameters that directly affect the profitability of automated trading.

  • Frequency of transactions. Suppose your broker has commissions for opening and closing positions. In that case, the number of operations the robot performs is important because the more orders you open, the more commissions you will have to pay. For example, the Octa broker has no commissions for entering or exiting a position. The trading robot can open as many orders as the trading signals it receives without commission issues, as Octa only considers the spread.
  • Risk-reward ratio. A Forex robot should be profitable, but what exactly do you mean by this concept? For you, how much profit is profit? After all, it is one thing if you are satisfied with an income of $50–70 per week and another if you want to earn $100 daily. The higher the expectations, the greater the risk degree. Some robots are designed for trading with conservative strategies, which are the least risky but do not promise a significant income. Other robots are suitable for aggressive trading, where large drawdowns are allowed in the expectation of large profits.
  • Trading conditions. No universal trading robots would trade with absolutely the same efficiency in any market conditions. Some robots are designed for trend trading, and some show good results only when trading during flat periods. As a rule, the description of each Forex robot tells you what type it belongs to. If you don’t know what is better—trend trading or channel breakout, then pay attention to the currency pairs you want to trade. Some pairs tend to form clear and relatively stable trends, while others are more likely to move in sideways channels.
  • Sustainability. All automated Forex trading systems need to be tested. To understand how stable the Expert Advisor works, it is unnecessary to use it immediately on a real trading account—you can choose a demo one for testing. For example, Octa’s trading conditions on real and demo accounts are identical, which allows you to test the robot in situations as close to the real market as possible.

Why do you need trading robots in the first place? To make money, of course. Robots do not tire and can trade 24 hours a day, seven days a week. Trading robots today can be bought or downloaded for free. The main thing is to evaluate your purchase adequately. For beginners, a trading robot can become a teacher in currency operations, and for a professional—working hands that implement the necessary trading strategy.

Hashtag: #Octa

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

Octa

is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services already utilised by clients from 180 countries with more than 42 million trading accounts. Free educational webinars, articles, and analytical tools they provide help clients reach their investment goals.

The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.

Octa has also won more than 70 awards since its foundation, including the ‘Best Educational Broker 2023’ award from Global Forex Awards and the ‘Best Global Broker Asia 2022’ award from International Business Magazine.

Prudential customers are the first to enjoy online nomination of beneficiary service using Sign with Singpass

The online service which leverages Singpass’ digital signing service makes it easier for policyholders to complete their nominations


SINGAPORE – Media OutReach Newswire – 22 March 2024 – Starting from 15 March 2024, Prudential Singapore (“Prudential”) policyholders are able to nominate their beneficiaries online. Prudential is the first insurer in Singapore to roll out an online nomination of beneficiaries (“online NOB”) service using Sign with Singpass, which makes it easy and more convenient for policyholders to nominate their beneficiaries.

Previously, Prudential policyholders had to submit a hard copy of their nomination forms to Prudential via post or in person at the customer service centre. With online NOB, they now have the option to submit their nomination forms and electronic signatures online.

Beneficiary nomination is crucial in ensuring that the intended recipients receive the policy benefits according to the policyholder’s wishes. While it is not compulsory to make a nomination, doing so will allow beneficiaries to receive the payout without any unnecessary delays or potential conflicts.

This online nomination service leverages Sign with Singpass[1] and generates Secure Electronic Signatures (SES)[2]. These signatures can be verified and traced back to the signer, which confirms the authenticity and integrity of the signed documents. Sign with Singpass is a product developed by Government Technology Agency (GovTech) Singapore.

Online NOB was introduced following the Monetary Authority of Singapore’s (MAS) announcement in July 2023 that amendments had been made to the Insurance (Nomination of Beneficiaries) Regulations 2009, to enable insurers to provide online nomination of insurance beneficiaries from 2 January 2024.[3]

Mr Vikas Sinha, Chief Operations Officer, Prudential Singapore, said: “With online NOB, we wanted to make it simple, convenient and secure for our policyholders to take the important step of completing their beneficiary nomination. This helps prevent any potential delays or disputes in distributing the policy proceeds and gives customers greater peace of mind knowing that their loved ones are cared for in the future.”

How online Nomination Of Beneficiaries works
Prudential policyholders will need to:

  1. Log in to PRUaccess, the company’s online customer portal, to initiate an online nomination for their selected policy.[4]
  2. Provide details of their nominees and two attestors.
  3. Perform digital signing via Sign with Singpass. Appointed attestors will receive an email notification to make their online declarations.
  4. Submit the nomination.

The nomination will then be processed by Prudential and the policyholder will be notified on the status of the nomination.

Quote from a Prudential policyholder

Ms Yeo Sook Kuan, 38 years old.

“I have been putting off the nomination of beneficiaries for my insurance policies as filling out paper forms and getting someone to witness the signing in person is really a hassle. Now that we can do it online, it makes it so much easier for everyone, and it saves me a lot of time and effort.”


[1] Policyholders are reminded to remain vigilant when performing digital transactions with Singpass. This includes checking that the domain of the Singpass login page is “singpass.gov.sg”, as well as to avoid sharing their Singpass credentials (e.g. Singpass ID, password) with others.

[2] Secure Electronic Signatures (SES) are governed by Singapore’s Electronic Transaction Act.

[4] Online NOB is only available for revocable nominations.

Hashtag: #PrudentialSingapore




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

About Prudential Assurance Company Singapore (Pte) Ltd (Prudential Singapore)

Prudential Assurance Company Singapore (Pte) Ltd is one of the top life insurance companies in Singapore, serving the financial and protection needs of the country’s citizens for 93 years. The company has an AA- Financial Strength Rating from leading credit rating agency Standard & Poor’s, with S$49.4 billion funds under management as at 31 December 2022. It delivers a suite of well-rounded product offerings in Protection, Savings and Investment through multiple distribution channels including a network of more than 5,200 financial representatives.

Local Corporate Services Company One Tax CM Offers Complimentary Tax Filing For The Needy & Non-Tech Savvy Individuals

~One Tax CM’s E-Filing Assistance YA2024 initiative Returns~

SINGAPORE – Media OutReach Newswire – 22 March 2024 – One Tax CM Pte Ltd proudly announces the launch of E-Filing Tax Assistance YA2024, a community initiative aimed at providing essential support to individuals in their income tax e-filing. This marks the third consecutive year of the programme, demonstrating One Tax CM’s commitment to giving back to the community.

E-Filing Tax Assistance YA2024
E-Filing Tax Assistance YA2024

Scheduled to take place on two dates, March 24th & April 7th, 2024, from 2pm to 6pm, the E-Filing Tax Assistance YA2024 will be hosted at 73 Ubi Road 1 #08-54, Oxley Bizhub, Singapore 408733. Individuals are encouraged to walk in with the following documents:
1. Singpass / Corppass (2FA Enabled)
2. IR8A Form / Certified Accounts
3. Dependent’s Particulars for New Relief Claims
4. Details of Rental Income or Other Income
5. Business Registration Number or Partnership Tax Reference Number
The E-Filing Tax Assistance YA2024 initiative by One Tax CM Pte Ltd is specifically introduced to assist individuals who may encounter difficulties with technology or literacy. Their team of empathetic volunteers provide patient and personalized guidance, ensuring that the e-filing process is accessible to all. This initiative not only empowers individuals to fulfill their tax obligations but also ensures inclusivity in this digital age.

Lancaster Lee assisting an individual with his YA2023 Tax E-Filing
Lancaster Lee assisting an individual with his YA2023 Tax E-Filing

Serving as a lifeline for those who may feel overwhelmed or excluded, it offers the necessary support and assistance for navigating tax filing with confidence and dignity. From new business owners to elderly citizens, hawkers, taxi drivers, cleaners and free lancers, this service underscores their dedication to inclusivity and community empowerment, ensuring that every individual avoids any potential penalties or complications that could affect their financial well-being.

Founded by Lancaster Lee and Franco Ng, One Tax CM Pte Ltd has been committed to providing comprehensive financial and business solutions to clients since 2018. The initiative underscores the company’s ethos of being more than just a corporate service provider, positioning themselves as partners in financial success and business growth.

“Many of the members of public whom we have served were our unsung heroes during the pandemic (i.e, taxi drivers, private-hire drivers & food delivery riders). While they put their lives at the frontline for our nation’s wellbeing, as an accredited tax practitioner, the least I could do is to serve these heroes with their tax filings.” States Lancaster Lee, Director & Co-Founder of One Tax CM Pte Ltd.

The E-Filing Tax Assistance YA2024 initiative reflects One Tax CM’s core values of expertise, comprehensive solutions, cutting-edge technology, client-centric approach, ethics and integrity, and proactive insights. By leveraging their expertise and resources, One Tax CM aims to support individuals in fulfilling their tax obligations while fostering financial literacy and community engagement.

To find out more about One Tax CM Pte Ltd, visit their website here.

Hashtag: #Business #Finance #OneTaxCM #Community #Taxfiling

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

One Tax CM Pte Ltd

One Tax CM Pte Ltd is a dedicated corporate service provider committed to partnering with clients for financial success and business growth. Since 2018, they have offered comprehensive solutions tailored to meet the unique needs of businesses across various industries, including tax planning, financial statement preparation, advisory services, and corporate secretarial services. With a client-centric approach and a team of professionals well-versed in industry intricacies, they leverage cutting-edge technology to streamline financial processes and provide real-time insights. Our commitment to excellence, ethics, and integrity ensures trust and confidentiality in all client relationships, while our proactive insights and strategic advice drive growth and profitability

Vietnamese President Relieved From Position, Acting President Steps in

Vietnamese President Relieved From Position, Acting President Steps in
Vietnamese President Vo Van Thuong (photo: AP)

The Communist Party of Vietnam’s 13th Central Committee announced the resignation of Vietnamese President Vo Van Thuong on 20 March after his alleged serious violation of party regulations and corruption allegations.