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OPINION: What to Expect from New Thai Movie, “How To Make Millions Before Grandma Dies”

How To Make Millions Before Grandma Dies (Photo: GDH)

If you plan to watch “How To Make Millions Before Grandma Dies,” be prepared for an emotional ride.

Oudomxay Court Sentences Officials to Life and Eight Years for Major Embezzlement

Laos has lost more than USD 700 billion to corruption.

On 13 June, the Oudomxay Criminal Court handed jail sentences to two former civil servants for their involvement in a corruption case worth LAK 10 billion (USD 454,935).

Generali Hong Kong Triumphs with Two Awards at the Bloomberg Businessweek Financial Institution Awards 2024


HONG KONG SAR – Media OutReach Newswire – 21 June 2024 – Generali Hong Kong has received two prestigious awards at the Bloomberg Businessweek (Chinese Edition) Financial Institution Awards 2024, recognizing its excellence in making a positive impact on the community and outstanding achievement in digital marketing strategies.

Generali Hong Kong has received two prestigious awards at the at the Bloomberg Businessweek (Chinese Edition) Financial Institution Awards 2024.
Generali Hong Kong has received two prestigious awards at the at the Bloomberg Businessweek (Chinese Edition) Financial Institution Awards 2024.

The two accolades received by Generali Hong Kong include:

  • Corporate Social Responsibility – Excellence Performance
  • Digital Marketing – Outstanding Performance

This prestigious recognition highlights Generali Hong Kong’s proactive engagement in strengthening the community through The Human Safety Net, a global movement of people helping people originated by the Generali Group. It also underscores the exceptional creativity and innovation of its digital marketing strategies through a unique and creative approach.

Ms. Ady Law, Chief Distribution and Marketing Officer of Generali Hong Kong, said, “We are honored to receive these prestigious awards. They reflect our commitment to making a positive impact on the community and our innovative approach to digital marketing. We will continue to uphold our commitment to being a Lifetime Partner to our customers and the community.”

The Financial Institution Awards, hosted annually by the iconic finance media Bloomberg Businessweek (Chinese Edition), are in their 10th year of recognizing excellence. These awards honor companies with outstanding performance over the past year in the banking, insurance, and securities sectors, aiming to promote the sustainable development of Hong Kong’s financial industry, cultivate talent, and foster innovation, thereby driving economic growth.

Hashtag: #GeneraliHongKong

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

Generali Hong Kong

In 1981, Assicurazioni Generali S.p.A. was first registered as an authorised insurer in Hong Kong, with the business extending into the life insurance sector in 2016 with Generali Life (Hong Kong) Limited. With a combination of local knowledge and Generali Group’s global expertise, we develop unique and innovative life insurance, general insurance, specialty insurance, and employee benefits solutions to meet the needs of our customers.

Generali Group
Generali is one of the largest global insurance and asset management providers. Established in 1831, it is present in over 50 countries in the world, with a total premium income of € 82.5 billion in 2023. With around 82,000 employees serving 70 million customers, the Group has a leading position in Europe and a growing presence in Asia and Latin America. At the heart of Generali’s strategy is its Lifetime Partner commitment to customers, achieved through innovative and personalised solutions, best-in-class customer experience and its digitalised global distribution capabilities. The Group has fully embedded sustainability into all strategic choices, with the aim to create value for all stakeholders while building a fairer and more resilient society.

PTOUNX Exchange: Revolutionizing User Experience with Simplicity, Speed, and Intuitiveness


COLORADO, USA – Media OutReach Newswire – 21 June 2024 – PTOUNX Exchange recently launched a series of technological enhancements and service improvements to boost user experience, demonstrating its commitment to superior trading efficiency and user satisfaction. These initiatives are designed to meet the increasing demands of users and strengthen PTOUNX’s leadership in digital currency trading.

At PTOUNX, the trading process has been streamlined to allow users to begin trading quickly and efficiently, reducing cognitive load and enhancing responsiveness to market changes. PTOUNX also ensures high transaction execution speeds and system stability with state-of-the-art technology, providing a dependable trading environment.

In addition to technological advancements, PTOUNX has optimized its service experience by establishing 24/7 customer support, ensuring users receive timely help with any issues, distinguishing PTOUNX from other exchanges and earning user acclaim.

Security is a top priority at PTOUNX, which implements multiple layers of security, including stringent identity checks and advanced encryption, to ensure a secure trading environment. This focus on security builds user trust and satisfaction.

PTOUNX Exchange’s keen market insights and understanding of user needs allow it to not only meet current demands but also anticipate future market shifts. This proactive approach positions PTOUNX not just as a trading platform, but as a driver of industry progress.

As the digital economy evolves, PTOUNX has established itself as a leader in improving user experience through innovation and service excellence. The team’s relentless pursuit of understanding and catering to user needs has made PTOUNX a favored choice globally.

PTOUNX’s success reflects its dedication to delivering excellent user experience, security, efficiency, and convenience, promising ongoing industry leadership through continuous innovation. PTOUNX aims to serve both newcomers and seasoned investors, making it a reliable trading partner.

By prioritizing user needs, PTOUNX has set new industry standards and demonstrated that it is a key player not only in digital currency trading but also in reshaping financial services. As PTOUNX continues to advance, it is set to expand its impact, providing a safer, more efficient, and convenient trading experience for users worldwide.

Hashtag: #PTOUNXExchange

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

The Compliance Development of PTOUNX Exchange: Co-creating the Future of Cryptocurrency


COLORADO, USA – Media OutReach Newswire – 21 June 2024 – PTOUNX Exchange recently announced enhanced compliance measures, strengthening its position in secure and compliant cryptocurrency trading. These initiatives reflect its commitment to meeting international standards and leading the secure development of the cryptocurrency market. PTOUNX offers a safer, transparent, and trustworthy trading environment, establishing itself as a model of integrity in this dynamic industry.

PTOUNX adheres to stringent international compliance standards, including those set by the Australian Transaction Reports and Analysis Centre (AUSTRAC), and integrates compliance management into all aspects of its operations. Its comprehensive strategy spans from design to execution, tackling international financial risks and safeguarding user assets. Advanced technical measures include using blockchain for greater transaction transparency and employing artificial intelligence to boost anti-money laundering and counter-terrorism financing efforts. These efforts not only highlight PTOUNX’s focus on innovation but also its dedication to user rights protection.

The exchange’s compliance efforts extend beyond meeting regulatory requirements; they are part of a broader vision for the sustainable development of the cryptocurrency market. With strict anti-money laundering (AML), know-your-customer (KYC), and counter-terrorism financing (CTF) policies, PTOUNX ensures transaction security and a fair trading environment.

Leveraging blockchain technology, PTOUNX enhances fund flow transparency, effectively tracking the origins and destinations of funds to mitigate financial crimes. Technologies like smart contracts automate and refine compliance processes, improving the efficiency and accuracy of compliance checks.

PTOUNX’s rigorous compliance measures not only bolster its international standing but also set industry standards, providing a clear roadmap for the future of cryptocurrency trading. This approach wins investor trust and lays a solid foundation for the market’s healthy growth.

As PTOUNX continues to prioritize compliance, it contributes to the sustainable development of the cryptocurrency market through ongoing technological and policy enhancements. The exchange’s commitment to compliance secures its significant role in the international market, making it a benchmark for compliant cryptocurrency operations globally.

Hashtag: #PTOUNXExchange

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

The Path of Innovation in Cross-Chain Technology: How Does PTOUNX Exchange Combat Cryptocurrency Scams and Fraud


COLORADO, USA – Media OutReach Newswire – 21 June 2024 – PTOUNX Exchange recently unveiled a significant technological advancement with its new cryptocurrency cross-chain trading system. This system, leveraging cutting-edge technology, connects different blockchain networks, enhancing trading efficiency and convenience. It provides users with more diverse trading options and fosters industry development.

PTOUNX’s journey with cross-chain technology highlights its rapid response to industry trends. Traditionally, transferring assets across different blockchain networks has been cumbersome and slow, restricting efficiency and user experience. By adopting advanced cross-chain technology, PTOUNX has facilitated seamless asset transfers between networks, boosting transaction efficiency and expanding transaction possibilities to meet market demands for swift and varied trading services.

The cross-chain system employs sophisticated encryption algorithms and smart contract technologies to ensure transaction security and transparency. PTOUNX continuously refines its cross-chain technology to keep pace with evolving market demands and new blockchain networks, establishing itself as a pioneer in this area.

In today’s digital economy, the diversity and decentralization of blockchain technology present both opportunities and interoperability challenges. PTOUNX’s cross-chain trading platform offers a shared market for these diverse blockchains, enhancing the liquidity and interchangeability of digital assets. This interoperability speeds up asset circulation and provides investors easier access to multiple blockchains, thereby improving user experience and broadening market participation.

As PTOUNX delves further into cross-chain technology research and development, its influence and competitive edge in the market are set to increase. Looking ahead, PTOUNX aims to become a crucial hub for connecting various blockchain networks and facilitating global cryptocurrency trading.

Through its innovative cross-chain technology, PTOUNX has not only boosted trading efficiency and convenience but also paved the way for broader global cryptocurrency trading and further blockchain integration. With ongoing innovation, PTOUNX’s impact on the cryptocurrency market will continue to grow, offering new possibilities and directions for the industry’s future development.

Hashtag: #PTOUNXExchange

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

HDBank: Credit growth is bright spot for banking


HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 21 June 2024 – As of June 14, credit growth has reached 3.79 per cent compared to the end of last year, according to a report by the State Bank of Viet Nam (SBV).

HDBank currently tops the banking industry in profitability. - Photo courtesy of HDBank
HDBank currently tops the banking industry in profitability. – Photo courtesy of HDBank

However, challenges still abound in promoting credit growth.

The SBV recently issued a document requiring implementation of solutions to achieve a credit growth rate of 5-6 per cent by the end of the second quarter.

Statistics show in the first quarter, seven out of 27 banks recorded negative credit growth, including some large banks.

But there are still many banks with a credit growth rate that is much higher than the industry average, such as LPBank, Techcombank, HDBank and MSB.

These banks are also showing good profits compared to the industry average.

Each bank has different strategies and competitive advantages to exploit market opportunities.

LPBank recorded the strongest credit increase of over 12 per cent, while Techcombank grew by more than 7 per cent and HDBank by 6.2 per cent. MSB’s credit growth increased by more than 5.6 per cent.

A HDBank representative stated the bank has implemented early risk management policies to mitigate adverse external impacts and ensure a stable and flexible operational framework.

The bank tops the industry in profitability, with a return on equity (ROE) reaching 26.7 per cent.

Continuous improvements in operational safety ratios also provide shareholders and investors with peace of mind amid numerous challenges.

Meanwhile, promoting digitalisation and optimising processes and operating costs are also key to improving the bank’s operational efficiency over the past few years.

At HDBank, high growth targets and industry-leading ROE come with a strong optimisation of the Cost-to-Income Ratio (CIR), from 39.3 per cent in 2022 to only 31.7 per cent in the first quarter of this year.

At other banks such as Techcombank, VPBank or especially at large network-operating banks like VietinBank, the CIR has also shown significant improvements in recent years, approaching around 30 per cent.

Strong digitalisation and optimisation of performance and operational efficiency are also necessary factors for sustainable growth goals among Vietnamese banks.

According to State Bank representatives, credit growth is expected to increase in the last months of the year.

Hashtag: #HDBank

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

Revolutionize Business Start in Hong Kong with SetupHK’s Groundbreaking $1 Company Setup Program


HONG KONG SAR – Media OutReach Newswire – 21 June 2024 – In a bold move to bolster Hong Kong’s entrepreneurial spirit during challenging economic times, SetupHK, a leading one-stop business consulting service, has unveiled its innovative $1 Company Setup Program. This transformative initiative is designed to drastically reduce the barriers to entry for new businesses, catalyzing growth and innovation in Hong Kong’s dynamic market.

“Our $1 Company Setup Program is a strategic response to the current economic challenges and a testament to our commitment to the local entrepreneurial community,” said Director Marx Chan at SetupHK. “We believe that by reducing the financial barriers to entry, we can stimulate a wave of innovation and entrepreneurship that will drive economic growth and resilience. Our goal is to empower every aspiring entrepreneur in Hong Kong, giving them the tools to succeed without the burden of excessive startup costs.”

Exclusive Services Offered by SetupHK:

  1. Precision in Company Name and Category Selection
    SetupHK expertly guides clients through the intricacies of selecting a suitable company category and crafting a compliant company name, adhering to the stringent “Hong Kong Company Name Registration Guidelines.” This crucial first step sets the foundation for a successful business venture in Hong Kong.
  2. Effortless Document Preparation and Submission
    Clients need only to provide minimal initial information before SetupHK takes over the intricate process of preparing and submitting all essential registration documents, such as the Company Incorporation Form (NNC1 or NNC1G), Notification to the Business Registration Office (IRBR1), and optionally the Consent to Act as First Director (NNC3).
  3. Seamless Acquisition of Registration Certificates
    Following the approval of submitted documents, clients swiftly receive their official registration and business certificates. SetupHK ensures a seamless transition from paperwork to operation, providing relentless support every step of the way.
  4. Tailored Assistance for Additional Licenses and Permits
    Recognizing that each business has unique needs, SetupHK offers bespoke services to secure any necessary additional licenses or permits, guaranteeing full compliance and legal operation within Hong Kong’s regulatory framework.
  5. Strategic Company Bank Account Opening
    Amidst stringent global anti-money laundering regulations, SetupHK emerges as an indispensable ally in navigating the complexities of bank account setups. With robust banking relationships across Hong Kong, SetupHK not only expedites the account opening process but also provides ongoing support to ensure businesses are operational without delay.

SetupHK’s $1 Company Setup Program is more than just a promotional offer—it’s a commitment to empower local entrepreneurs and revitalize Hong Kong’s economy. By minimizing the initial financial burden, SetupHK is dedicated to making business ownership accessible to more aspiring entrepreneurs, encouraging innovation and growth.
Hashtag: #SetupHK

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

About SetupHK

Established in 2014, SetupHK is a leading business consulting firm based in Hong Kong, dedicated to simplifying the business establishment and growth process for entrepreneurs. Over nearly a decade, SetupHK has become a vital ally for businesses, providing a comprehensive range of services from company setup to brand promotion. With a commitment to expert guidance, streamlined processes, and dedicated support, SetupHK stands as a steadfast partner, helping businesses navigate the complexities of starting and growing in Hong Kong’s ever-evolving economic landscape.