31.1 C
Vientiane
Friday, July 4, 2025
spot_img
Home Blog Page 1550

AIA Hong Kong – the undisputed market champion in 2023 Achieving 10 market share No. 1

The Hong Kong & Macau business being the largest contributor to AIA Group’s VONB in 2023


HONG KONG SAR – Media OutReach Newswire – 18 March 2024 – AIA Hong Kong achieved 10 market share No. 1 in the 2023 Provisional Statistics on Hong Kong Long Term Insurance Business1, leading the industry as the undisputed market champion. Meanwhile, AIA Hong Kong & Macau delivered exceptional business performance with growth on multiple fronts in 2023 – Value of New Business (VONB) up 82 per cent, Annualised New Premiums (ANP) up 123 per cent2, making it the largest contributor to AIA Group’s VONB.

10 market share No.1 in the 2023 Provisional Statistics on Hong Kong Long Term Insurance Business1:

  • Annualised New Premiums3
  • Number of Inforce Policies
  • Number of New Business Policies
  • Number of Onshore New Business Policies
  • Annualised New Premiums from Agency Channel3
  • New Office Premiums from Agency Channel4
  • Number of New Business Policies from Agency Channel
  • Annualised New Premiums from Brokerage Channel3
  • Number of New Business Policies from Brokerage Channel
  • Linked Annualised New Premiums3


Exceptional VONB performance, largest AIA Group VONB contributor2

  • VONB of US$1,430 million, up 82 per cent
  • ANP of US$2,407 million, up 123 per cent
  • Agency VONB up 57 per cent, supported by active agents up 12 per cent, new recruits up 59 per cent, and the Company’s focus on Premier Agency strategy
  • Partnership distribution channel VONB more than trebled year-on-year

(Growth rates are shown on a constant exchange rate basis)

AIA Hong Kong & Macau’s excellent performance was supported by growth in both its domestic and Mainland Chinese visitor (MCV) businesses and across its agency and partnership distribution channels. The Hong Kong & Macau business was the largest contributor to the Group’s VONB in 2023 as it successfully captured the very strong demand of the MCV segment following the full resumption of normal travel in February 2023. The Company continued to increase the number of active financial planners and work closely with its distribution partners to leverage the sustainable and growing opportunities from the MCV segment, which contributed around half of AIA Hong Kong & Macau’s VONB in 2023.

Mr Alger Fung, Chief Executive Officer of AIA Hong Kong & Macau, said, “​I am delighted to see AIA Hong Kong being the undisputed market champion in the industry with 10 market share No. 11, while the Hong Kong & Macau business being the largest contributor to AIA Group’s VONB in 20232. Our sincerest gratitude to our customers for their support and trust; and our frontline and supporting teams for their dedication.

“The exceptional performance reflected AIA’s commitment to customer centricity, our differentiated health and wealth propositions that truly meet our customer needs, the outstanding corporate solutions we offer including our stellar MPF performance, our service excellence and digital innovation through consistent investment in Technology, Data and Analytics, and the professionalism of our teams from financial planners, distribution partners and our corporate colleagues. ​

“What makes us truly proud is, besides the great financial performance, we have also contributed to the community through diverse activities and ESG. By hosting our signature AIA Carnival, being the Principal Sponsor of Oxfam Trailwalker for the 9th consecutive year, supporting youth development through AIA Scholarships and AIA Healthiest Schools Programme, we strive to make a positive difference to the community. Going forward, we will continue with our customer-centric approach, going beyond for our customers as we aspire to be their No. 1 choice and help everyone live Healthier, Longer, Better Lives.”

Notes:

1 Provisional statistics of the Insurance Authority on Hong Kong long-term insurance business from January to December 2023. The policies refer to Direct New Business and Direct Inforce Business of Individual Life, Annuity and Linked Individual (Classes A & C) and Other Individual Business (Classes B, D, E&F). “Agency channel” refers to “Agents” as classified by the Hong Kong Insurance Authority under Distribution Channel. “Brokerage channel” refers to “Brokers” as classified by the Hong Kong Insurance Authority under Distribution Channel.

2 Source: AIA Group Limited 2023 Annual Results’ “Results highlights” and “Announcement”.

3 “Annualised New Premiums” represents 100% of annualised first year premium and 10% of single premium.

4 “New Office Premiums” represents 100% of annualised first year premium and 100% of single premium.
Hashtag: #AIAHongKong

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

About AIA Hong Kong & Macau

AIA Group Limited established its operations in Hong Kong in 1931. To date, AIA Hong Kong and AIA Macau have over 16,000 financial planners1, as well as an extensive network of brokerage and bancassurance partners. We serve over 3.5 million customers2, offering them a wide selection of professional services and products ranging from individual life, group life, accident, medical and health, pension and personal lines insurance to investment-linked assurance schemes with numerous investment options. We are also dedicated to providing superb product solutions to meet the financial needs of high-net-worth customers.

1 As at 30 September 2023
2 Including AIA Hong Kong and AIA Macau’s individual life, group insurance and pension customers (as at 30 September 2023)

The Ho Chi Minh City Ao Dai Festival 2024: Attracting The Enthusiasm Of A Wide Range Of City Residents & Tourists

The Ho Chi Minh City Ao Dai Festival 2024 marks a decade-long journey of honoring the beauty of Ao Dai, continuing to inspire Vietnamese Ao Dai pride among city citizens and international friends.

HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 18 March 2024 – The Ho Chi Minh City Ao Dai Festival is one of the city’s exemplary annual festivals, drawing significant attention from both local and international tourists. After a relentless 10-year dedication to inspiring the traditional values of Ao Dai, the festival has become a driving force in spreading pride in the “national soul, national essence” of Ho Chi Minh City citizens, acting as a conduit for showcasing the beauty, spirit, and heritage of the Vietnamese people to the world.

The 10th Ho Chi Minh City Ao Dai Festival
The 10th Ho Chi Minh City Ao Dai Festival

The 10th Ho Chi Minh City Ao Dai Festival (March 7th – March 17th, 2024) witnessed significant investment and thrilling innovations in its program. With the companion of 24 image ambassadors and the participation of 30 distinguished Ao Dai designers, the festival showcased the special Co-Performance “I love Vietnamese Ao Dai.” This standout activity brought together over 5,000 women members from Thu Duc City and 21 districts, along with festival ambassadors, artists, actors, and city residents.
Additionally, the “Charming Ao Dai Ho Chi Minh City” contest attracted over 800 participants; the Ao Dai painting contest received registrations from over 400 students; the logo design contest honoring the 10 years of the Ho Chi Minh City Ao Dai Festival welcomed over 250 admissions. More than 1,500 images were submitted to the online Ao Dai contest “Ao Dai and 100 exciting things about Ho Chi Minh City”.
Over the past decade, the organization of the Ho Chi Minh City Ao Dai Festival has been a constant journey of spreading beautiful images and igniting love, pride, and responsibility in preserving and promoting the national cultural heritage. In honor of this proud journey, the Vietnam Record Organization (VietKings) officially recognized and awarded a record to the Ho Chi Minh City People’s Committee with the content “The Ho Chi Minh City Ao Dai Festival – A festival dedicated to honoring and showcasing Vietnamese Ao Dai, held annually and consecutively (10 times from 2014 to 2024).”

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

The National Anti-Corruption Commission Thailand seeks suitable measures to prevent corruption risks regarding rewards for officials to ensure transparency for all.


BANGKOK, THAILAND – Media OutReach Newswire – 18 March 2024 – The Office of the National Anti-Corruption Commission (NACC), Thailand has brainstormed concerns from all related agencies to prevent corruption risk regarding bribery to officials and reward for officials to ensure transparency work of its officials and confidence for both local and international investors.

In efforts to uphold ethical conduct among officials who are directly involved with tacking corruption, the NCC recently held a meeting to brainstorm ideas on “Guidelines for Preventing Corruption Risk Regarding Bribe Payment and Rewards from the Performance of Officials”. This is aimed at voicing opinions for the revision of the guidelines for rewarding officers with appropriateness, fairness, and consistency with the performance of duties, and remuneration based on performance for officials who work in tackling corruption in the country.

According to the NACC, it has provided recommendations for the revision of the reward payment for the Customs Department, the Ministry of Finance is afraid that the rewards caused ‘moral hazards’ among officials who are involved in the process of tackling corruption. Following the reward, it encouraged the officials to focus only on tasks with high rewards or having rewards, while neglecting to perform tasks with low rewards or no remuneration, which may cause corruption inequality, and unfairness among civil servants. The reward could also be considered as the risk of conflict of interest of the authority in determining the eligibility for the award and determining the proportion of the reward. The officials could risk rewarding themselves which was not inconsistent with the purpose of the guideline that wants to promote effective law enforcement, or may lead to the creation of false evidence in the disbursement of bribes.

The meeting was attended by representatives of relevant agencies including the Ministry of Finance, the Customs Department, the Comptroller General’s Department Excise Department, the Office of the Narcotics Control Commission Anti-Money Laundering Office, the Royal Thai Police, the Office of the Auditor General, experts, executives and officers.

The meeting focused on various issues covering: who is entitled to receive the reward, the proportion and rate of payment of the reward, the appropriateness and fairness of the reward, the prevention of risks of discretion and conflict of interest, and the changing trend in the process of giving bribery and reward, explained Mrs. Suwana Suwanjuta, NACC Commissioner, who chaired the meeting.

However, with the modernization and connectivity of information technology today, this enables agility and efficient linkage of various data, as well as the NACC’s credibility among international, the reward for officers could be revised to ensure the appropriateness of providing rewards for the authorities and to encourage government officials to enforce the law more efficiently and equitably in the bureaucracy.

In this regard, the NACC hopes that the meeting will voice concern from all involved so that the revision of the guidelines to provide rewards to officials will be more efficient and ensure transparency for all involved, helping improve standards in tackling corruption with more advancing and modernizing measures, the NACC concluded.

—————————————————-

Reference: https://www.nacc.go.th/categorydetail/20180831184638361/20240312183512?

*This press release translation is funded by the National Anti-Corruption Fund (NACF).

Hashtag: #IntegrityWay #AntiCorruption #ZeroCorruption #NACC #NACF

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

National Anti-Corruption Commission (NACC), Thailand

The National Anti-Corruption Commission (NACC) is a constitutional independent organization and supervised by nine commissioners selected from various professions. It is authorised to undertake work on the prevention and suppression of malfeasance, particularly in government agencies, on assets investigations, as well as on the monitoring of ethics and virtues of political position holders.

It has the authority to file charges in court as well as support and build up awareness of the penalties for committing corruption. The NACC is supervised by the NACC Board and has the Office of the NACC as its administrative agency.

Since 1997, Thai Courts have ruled against and punished politicians, former ministers, high-ranking government officials as well as executives of the private sector in the thousands of cases submitted by the NACC.

ECOVACS Reimagines the Future of Home Cleaning with the launch of an Extensive Range of Innovative Products Designed for City Dwellers

  • ECOVACS unveils two new robotic vacuums – the DEEBOT T30 PRO OMNI and DEEBOT X2 COMBO – specially designed to tackle cleaning challenges faced by city dwellers
  • First 100 customers to purchase the DEEBOT T30 PRO OMNI through Shopee and Lazada will be able to enjoy free gift and attractive discounts of up to $449, while the first 10 customers to purchase the DEEBOT X2 COMBO on Shopee and Lazada are eligible to redeem an Auto Water Kit + Installation worth $599
  • The company has also launched the DEEBOT T20e OMNI, Y1 Pro Plus and Y1 Pro, offering consumers even more choices based on their specific household needs

SINGAPORE – Media OutReach Newswire – 18 March 2024 – ECOVACS today announced the launch of its latest lineup of advanced robotic vacuum cleaners – the DEEBOT T30 PRO OMNI, DEEBOT X2 COMBO, DEEBOT T20e OMNI, Y1 Pro Plus and Y1 Pro. The DEEBOT T30 PRO OMNI will be available from 25 March 2024, while the DEEBOT X2 COMBO will be available for pre-order from 4 April 2024 through Shopee, Lazada and authorised stores, with special promotional prices and gift-with-purchase for a limited time only. The DEEBOT T20e OMNI is currently available, while the Y1 Pro Plus and Y1 Pro will be available from 4 April.

With over 26 years of experience, ECOVACS Robotics is one of the pioneers in service robots R&D and manufacturing, aiming to independently research and develop, design and manufacture service robots, with the ambition of being a global leader in robotics. ECOVACS’ wide range of service robots include the WINBOT window cleaning robots, GOAT robotic lawn mowers and DEEBOT multi-functional cleaning robots, amongst others. Backed by its wealth of knowledge and insights, ECOVACS continues to be a leader in the robot industry ecosystem.

“As a leading robotics company, ECOVACS aims to develop products to help tackle a multitude of cleaning challenges faced by city dwellers, as pollution and dust tends to settle in many areas, especially in homes. With our new and comprehensive range of products that are backed by extensive research and development, we hope to enhance the lives of busy Singaporeans by helping them keep their homes clean and dust-free with our intelligent and time-saving devices,” said Liu Wenchuan, General Manager, ECOVACS Asia Pacific & Japan.

ECOVACS DEEBOT T30 PRO OMNI: A DEEP CLEANING EXPERT, BORN FOR THE MOST DIFFICULT CLEANING CHALLENGES

The smart, agile and innovative DEEBOT T30 PRO OMNI is capable of tackling top household cleaning challenges such as stains, carpet cleaning and hair removal with ease, thanks to the powerful combination of TruEdgeTM Adaptive Edge Mopping that delivers mopping up to 1mm to the edge, and OZMO Turbo 2.0 technology that work in sync to create a seamless cleaning experience.

Caption

ECOVACS DEEBOT T30 PRO OMNI


The 11000Pa vacuum power ensures deeper carpet cleaning, while the ZeroTangleTM Anti-Tangle Technology prevents any hairs from getting entangled in the device. The DEEBOT T30 PRO OMNI‘s upgraded Mini OMNI Station hosts a variety of convenient functions such as the 700C Hot Water Mop Washing & Hot Air drying, Smart Auto-Empty, Auto Small-Tank Refill and One-tap Self Cleaning amongst others, making operations, maintenance and hygiene a breeze.

Users are also able to control and customise their cleaning experience easily through the ECOVACS HOME app on their mobile devices or through voice commands with the YIKO Voice Assistant 2.0 function.

ECOVACS DEEBOT X2 COMBO: THE FIRST TWO-IN-ONE ROBOTIC AND HANDHELD VACUUM FOR DIVERSE CLEANING SCENARIOS

Caption
ECOVACS DEEBOT X2 COMBO

The DEEBOT X2 COMBO is the industry’s first two-in-one device that combines the convenience of a robotic vacuum cleaner and the diversity of a handheld vacuum to deliver the best of both worlds in a compact, space-saving OMNI base station that offers a fully-automated Dual Auto-Empty capabilities that empties dust from both devices into an enclosed chamber allowing for easy cleaning and disposal.

The robot vacuum cleaner’s ultra-thin, square-shaped design conveniently slips under standout dirt traps like underneath sofas, tables, chairs and beds. Coupled with its powerful hurricane suction of 8700Pa, it is capable of cleaning dirt and dust that often accumulates in these hard-to-reach areas, providing a thorough cleaning experience. Meanwhile, the OZMO Turbo 2.0 Rotating Mopping System keeps a consistent pressure when deep cleaning different floor types. The robot vacuum cleaner also utilises AI technology, such as the ECOVACS AINA model for strategic navigation which allows for faster navigation planning and accurate obstacle avoidance.

The handheld vacuum cleaner has an ultra-powerful four-stage HEPA filtration system that removes 99.97% of 0.3μm fine dust particles, allowing owners with sensitivities to breathe easily. It also has multi-cyclone technology which separates air and dust to prevent clogging, with the suction power remaining strong over time. The lightweight and portable handheld vacuum cleaner comes with 4 brush fits to ensure an all-around clean.

ECOVACS DEEBOT T20e OMNI, Y1 PRO PLUS AND Y1 PRO: DIVERSE SOLUTIONS FOR DIVERSE NEEDS

The DEEBOT T20e OMNI is an intelligent robotic vacuum cleaner with an auto-lift mopping function that is capable of detecting and cleaning carpets with extraordinary accuracy and a variety of cleaning modes. Its unique OZMO Turbo 2.0 Rotating Mopping System rotates up to 160 times per minute and applies consistent pressure to the floor for deep cleaning, effectively removing the most stubborn stains. The newly upgraded Housekeeper Mode 2.0 can intelligently and dynamically adjust its cleaning parameters according to different home environments and cleaning preferences, ensuring fuss-free cleaning.

The DEEBOT T20e OMNI uses real-time 3D scanning and detection to achieve strategic avoidance, ensuring smooth and peaceful cleaning practice. The TrueDetect 3D 3.0 Technology can enable millimeter level avoidance, capable of identifying and avoiding potential hazards on the ground such as small toys and wires, allowing for faster and more accurate cleaning.

ECOVACS has also launched the Y1 Pro Plus and Y1 Pro to provide more diverse cleaning solutions for diverse needs. The Y1 Pro Plus is a compact robotic vacuum and mop solution for hands-free daily home cleaning. It boasts a powerful suction power of 6500Pa, intelligent capabilities and discreet design elements, transforming mundane daily cleaning tasks with a harmonious blend of innovation and style. The Y1 Pro Plus comes equipped with an Auto Empty Station (AES).

AVAILABILITY, PRICING & LAUNCH PROMOTIONS

Device Launch Date Price Launch Promotions
ECOVACS DEEBOT T30 PRO OMNI 25 March 2024 $1,399
  • First 100 customers on Shopee and Lazada can enjoy a $300 direct discount voucher
  • First 100 customers on Shopee and Lazada are eligible to redeem free Tefal cookware worth $149
  • 6 lucky customers to purchase the DEEBOT T30 PRO OMNI through Shopee will be eligible for 50% money back
  • T&Cs apply, while stocks last
ECOVACS DEEBOT X2 COMBO

15 April 2024

(pre order starts from 4 April 2024)

$2,199
  • First 33 customers on Shopee are eligible to redeem a Google Nest Hub worth $129
  • First 10 customers on Shopee and Lazada are eligible to redeem an Auto Water Kit + Installation worth $599
  • Trade Up Promotion – Enjoy $200 off at $1,999 by sending an image of your current handheld or robot vacuum to us via Live chat on Shopee and Lazada to redeem the voucher
  • T&Cs apply, while stocks last
ECOVACS DEEBOT T20e OMNI Shopee: 3 March 2024 onwards

Lazada: 25 March 2024 onwards

$899 From 25-27 March:

  • Enjoy $100 off at $799 exclusively on Shopee
  • Free Logitech MX Anywhere 2S (limited quantities, while stocks last) worth $129 for customers on Shopee and Lazada
  • T&Cs apply, while stocks last
ECOVACS Y1 Pro Plus 4 April 2024 $549
  • Enjoy promo price of $499 with a $50 off voucher on Shopee and Lazada
  • T&Cs apply, while stocks last
ECOVACS Y1 Pro 4 April 2024 $429
  • Enjoy promo price of $379 with a $50 off voucher on Shopee and Lazada
  • T&Cs apply, while stocks last


Media kit available here.

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

ECOVACS ROBOTICS

Innovating Since Day One. ECOVACS Robotics is one of the pioneers in service robots R&D and manufacturing, aiming to independently research and develop, design and manufacture service robots, with the ambition of being a top tier robotics company in the world. ​ECOVACS Robotics upholds its mission of “Robotics for All”. Over the past 26 years since its establishment in 1998, ECOVACS has led insights and research for service robot usage and experiences, successfully launching a complete range of robot service solutions globally, including DEEBOT, household robotic vacuum cleaners, WINBOT, window cleaning robots, AIRBOT, air purification robots as well as commercial service robot solutions, GOAT, robotic lawn mowers, DEEBOT PRO, multi-functional cleaning robots for small and medium commercial facilities, and “AI+ service robots” for public areas. In addition, ECOVACS is a leader in the robot industry ecosystem, establishing an Artificial Intelligence Engineering Institute, and focusing on intelligent sensor research, continuously leading the development of cutting-edge technologies in the industry. ​ ECOVACS has earned worldwide user recognition for its determination to break through the boundaries of products and services. The company is committed to advancing robotic technologies to serve the world by creating a holistic ecosystem between humans and robotics in lifestyle and production, bringing a new intelligent, convenient, and humanized experience to all of humanity. User needs are at the core of ECOVACS’ R&D, driving industry and industrial development with innovation and empowering humankind to share a better future in the world of intelligent technology. ​

Forex trading during the holy month of Ramadan


KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 18 March 2024 – The holy month dedicated to self-discipline and mindfulness, Ramadan traditionally stands out with higher and less volatile returns for most Muslim financial markets. With calm and thoughtful behaviour encouraged during this period, there is a definite chance to benefit from it spiritually and financially despite the lower volume of trade of many tradable assets. In this article, the experts at Octa, a globally recognised financial broker, argue that the high self-discipline characteristic of Ramadan is conducive to financial growth as people start their trading journey or take their trading efficiency to another level.

Ramadan: an opportunity for financial growth

Muslims worldwide anticipate the holy month of Ramadan as a period of fasting, prayer, and reflection. People who observe it try to instill particular mindfulness, self-discipline, and calm into every aspect of their lives as the merit attributed to every virtue and prayer increases greatly during this month. This unique state of mind may be conducive to prudent decisions, including personal wealth management and boosting daily income.

Octa

As a trendy choice among those who aim for a steady and accessible source of day-to-day financial gains, trading on the financial markets, particularly Forex, is a legitimate and time-efficient way to take a decisive step towards your goals.

Throughout Ramadan, as all daily economic activity shifts down a gear, traders have a perfect opportunity to incorporate some learning into their daily routine and hone their Forex skills to make more informed decisions during their trading sessions.

With that in mind, Octa, a globally recognised investment platform since 2011, offers Muslim traders everything they need for making rational, data-driven, and forward-thinking decisions during their sessions, including all-time-free demo accounts, analytical tools, and educational materials.

A unique offer designed specifically for promoting analytical and reason-driven approach to trading, Octa’s Islamic accounts are Shariah compliant, available for all account types, and don’t require any documents or other identity proofs.

An analytical approach to trading

Despite some controversy, Forex trading is not prohibited during the month of Ramadan provided that traders meet certain requirements during their sessions.

First and foremost, a righteous approach to Forex trading involves full transparency and accountability in transactions. Traders are encouraged to conduct careful analysis, implement risk management techniques, and ensure fair and transparent dealings in compliance with Islamic ethics.

Another critical point is that virtuous Forex trading is based on conducting immediate transactions so that the exchange of currencies happens without delay. Spot trading is more in line with Islamic principles, as it avoids the uncertainty and ambiguity associated with delayed or future transactions.

Operating in 180+ countries worldwide, Octa uses its exposure to Islamic traditions to create a perfect trading experience for Muslim users. With its fast withdrawals, tight spreads, and commission-free transactions, Octa consistently delivers the main virtues of Muslim-friendly trading—transparency of operations, lightning-fast order execution, and a full-fledged analytical toolkit for systematic approach.

Specifics of trading during Ramadan

For Muslims who trade on the Forex market, Ramadan can be an excellent time to re-evaluate their approach. During this month, planning your trading sessions is highly advisable. Ensure you have a robust strategy and pick optimal time frames for your orders.

Forex trading should be conducted with a specific purpose in mind, such as hedging against currency risk or facilitating trade and investment between different countries. Trading for the sole purpose of making a profit, without any underlying economic activity, is prohibited in Islam.

Forex trading should not involve excessive risk-taking, such as trading on margin or taking positions that exceed one’s financial capacity. In Islam, excessive risk-taking is considered to be gambling, which is prohibited by Sharia law.

Ramadan is all about spiritual discipline and growth—a time of self-reflection and mental leanness when the most sacred and essential aspects of life come into focus. This same approach of embracing mindfulness and leaving the chaff behind works wonders when applied to Forex trading, so it may also be a good time to grab the opportunity to achieve your immediate financial goals.
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 who have opened 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.

In the APAC region, Octa received the ‘Most Secure Broker Indonesia 2022’ and the ‘Most Reliable Broker Asia 2023’ awards from International Business Magazine and Global Forex Awards, respectively.

CLDY.com Announces Acquisition of QOXY: A New Era of Enhanced Cloud Services


SINGAPORE – Media OutReach Newswire – 18 March 2024 – In a significant move that marks a new chapter in the cloud hosting industry, CLDY.com, a leading provider of cloud-based solutions, is thrilled to announce the acquisition of a popular web hosting provider, QOXY Pte Ltd.

From 2017 to 2024, there has been a 73% increase in the consolidation of the infrastructure and hosting sector in Singapore and Malaysia. Coupled with a cessation of hosted email solutions from incumbent telecommunication service providers, this strategic acquisition by CLDY.com is aggressively leading the expansion to provide innovative cloud, web, and email hosting services for both retail and reseller partners.

A Strategic Move for Enhanced Capabilities
The acquisition of QOXY is a testament to CLDY.com’s commitment to providing unparalleled cloud services. By integrating QOXY’s advanced technology and expertise, CLDY.com is poised to deliver an even broader range of cutting-edge cloud solutions incorporating Artificial Intelligence and Cybersecurity, 2 of the 4 tech frontiers identified for development nationally by the Infocomm Media Development Authority of Singapore. This move not only strengthens CLDY.com’s service portfolio but also reinforces its position as a frontrunner in the cloud hosting industry.

What This Means for QOXY Customers
QOXY customers can look forward to an array of enhanced benefits as they transition to CLDY.com. These benefits include access to a more robust infrastructure, advanced security measures, and a wider selection of cloud services. Furthermore, CLDY.com is committed to ensuring a smooth transition for all QOXY customers, with dedicated support teams in place to assist with any queries or concerns.

Commitment to Excellence and Innovation
The acquisition reflects CLDY.com’s dedication to excellence and innovation. By combining the strengths of both companies, CLDY.com is set to deliver unparalleled efficiency, reliability, and scalability in its cloud solutions. This merger will accelerate the development of new services and features, ensuring that customers receive the most advanced and reliable cloud hosting options available.

A Word from CLDY.com’s Leadership
“We are excited to welcome QOXY into the CLDY.com family. This acquisition is a significant milestone for us and a win for all customers,” said Dan Chen, MD of CLDY.com. “Together, we are better positioned to serve our customers with even more robust and innovative cloud solutions. We are committed to ensuring that the transition is seamless for QOXY customers and to delivering the high-quality service that our customers have come to expect.”

Hashtag: #business #technology #cloudhosting #webhosting #emailhosting




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

About CLDY.com

CLDY.com is a leading provider of cloud, web, and email hosting solutions, offering a wide range of services designed to meet the needs of businesses of all sizes. With a focus on reliability, security, and customer service, CLDY.com has established itself as a trusted partner for businesses looking for scalable and efficient cloud hosting solutions. Backed by 24/7 support, CLDY’s solutions provide fast, secure, and stable hosting solutions for a global audience.

For More Information
For more information about the acquisition, the benefits for customers, and what to expect moving forward, please visit CLDY.com’s website.

Zuellig Pharma and Karo Healthcare strengthen partnership across key markets in Asia


SINGAPORE – Media OutReach Newswire – 18 March 2024 – Zuellig Pharma, a leading healthcare solutions company in Asia, has announced that it has expanded its commercialisation partnership with Karo Healthcare (“Karo”). Founded in 1987, Karo is a leading European consumer healthcare company headquartered in Stockholm, Sweden, with products available in more than 90 countries.

Under the new agreement, Zuellig Pharma will be the exclusive commercialisation partner for Karo’s over-the-counter (OTC) brand Lamisil®, a product for the treatment of fungal infections, across Hong Kong, Malaysia, Philippines, Singapore, South Korea, Taiwan and Vietnam. With industry-leading coverage across healthcare professionals and retail pharmacies in Asia and in-market commercial expertise, ZP Therapeutics, the commercial division of Zuellig Pharma, will be steering this partnership.

Zuellig Pharma has had a strong commercialisation partnership with Karo since 2019 for its product portfolio in the Philippines, Vietnam, Singapore and Indonesia.

“We are excited to work with Karo to expand access and availability of its products. As an integrated healthcare solutions company, this partnership will also play a key role in the strengthening of Zuellig Pharma’s consumer health portfolio as we grow in key markets such as Korea and Taiwan,” said John Graham, Group CEO, Zuellig Pharma. “I’m confident that ZP Therapeutics’ extensive partner network and proven commercial expertise will be critical in facilitating greater access for in-demand consumer healthcare products in Asia.”
Hashtag: #ZuelligPharma #ZPTherapeutics #KaroHealthcare #Healthcare #Drugs #Medicines #ConsumerHealthcare


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

About Zuellig Pharma

Zuellig Pharma is a leading healthcare solutions company in Asia, and our mission is to make healthcare more accessible to the communities we serve. We provide world-class distribution, digital and commercial services to support the growing healthcare needs in this region. The company was started a hundred years ago and has grown to become a multibillion-dollar business covering 16 markets with over 12,000 employees. Our people serve more than 200,000 medical facilities and work with over 450 clients, including the top 20 pharmaceutical companies in the world.

ZP Therapeutics, a division of Zuellig Pharma, is the commercialisation partner of choice for the healthcare industry with offices in 13 countries across Asia and over 2,500 associates. A catalyst in improving patient journeys and healthcare outcomes through commercial excellence, robust in-market capabilities and strong ethical principles, ZP Therapeutics is a trusted partner for expanding patient access and providing innovations to the healthcare community.

For more information, visit:

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Snowflake Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – SNOW

New York, New York – Newsfile Corp. – March 16, 2024 – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Class A common stock of Snowflake Inc. (NYSE: SNOW) between September 16, 2020 and March 2, 2022, both dates inclusive (the “Class Period”), of the important April 29, 2024 lead plaintiff deadline.

SO WHAT: If you purchased Snowflake Class A common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Snowflake class action, go to https://rosenlegal.com/submit-form/?case_id=22950 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 29, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) Snowflake had systematically oversold capacity to customers which created a misleading appearance of the demand for Snowflake’s products and services; (2) Snowflake had provided significant discounts to its customers prior to its initial public offering (“IPO”) that temporarily boosted sales but would not be sustainable after the IPO and/or necessitate platform efficiency adjustments that negatively impacted client consumption and Snowflake’s revenue and profit margins; (3) as a result, Snowflake’s customers were poised to roll over a material amount of unused credits (and thereby cannibalize future sales) at the end of their contracts’ terms or to refuse to renew their contracts at prior consumption levels or at all; and (4) consequently, Snowflake’s product revenue and remaining performance obligations had been artificially inflated leading up to and during the Class Period. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Snowflake class action, go to https://rosenlegal.com/submit-form/?case_id=22950 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
case@rosenlegal.com
www.rosenlegal.com

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