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IMDEX Asia 2023 Returns, Debut of Italian Navy Ship “Francesco Morosini”, Warship Display & Many More

SINGAPORE – Media OutReach – 21 April 2023 – IMDEX Asia 2023, Asia Pacific’s leading international maritime defence exhibition returns this May, spotlighting the finest fleets of naval and integrated defence innovations, systems and solutions from traditional sectors. Amongst the key highlights this edition includes the Italian Pavilion (booth K25) organised by the Italian Trade Agency, with more than 10 Italian companies showcasing the very best of Italian technology and systems, as well as the debut of the Italian Navy Ship “Francesco Morosini” – a Multipurpose Offshore Patrol Vessel, with 6,400 tons of displacement, 143 meter of length and 17.5 meter of width, delivered on 22 October 2022 to the Italian Navy at Fincantieri’s shipyard in Muggiano (La Spezia).

Happening from 3-5 May 2023, the highly-anticipated exhibition is expected to see the participation of over 11,000 attendees from 62 countries, including 236 exhibitors from 30 countries including Italy, Indonesia, China, Thailand, Malaysia, and the United States. With Singapore’s strategic position offering unrivaled access to the regional market, the exhibition will attract an audience of decision makers, buyers and officials from navies, agencies and maritime organizations from around the world.

WARSHIP DISPLAY – Debut of “Francesco Morosini”
In addition to the programme lineup across the 3-day event, attendees can look forward to the Warship Display segment with the debut of the Italian Navy Ship “Francesco Morosini”. The Multipurpose Offshore Patrol Vessel represents the cutting-edge of Italian technology in the naval and electronic sector, with her impressive characteristics – 6,000 tons of displacement, 143 metres in length and 17.5 metres in width. One of the main features of the “Francesco Morosini” is the new concept bridge “Naval Cockpit”, an integrated system that allows the conduct of the ship and the majority of the maritime operations by only two operators, the pilot and the co-pilot, who incorporated the figures of the duty officer on the bridge and the command.

The Morosini, whose motto is EX UNDIS SIGNUM VICTORIAE (from the waves presaging victory), will be the stage not only for defence-related activities within the warship display but also for institutional and cultural events jointly organized by the Embassy of Italy in Singapore and the Italian Defence Attaché Office in partnership with local institutions.

Commenting on this year’s edition of IMDEX Asia 2023, H.E Ambassador Mario Andrea Vattani, Ambassador of Italy to Singapore and Brunei said “Italy participates in IMDEX Asia with its new state-of-the-art ship operating in the Italian Navy: the “Francesco Morosini” Multipurpose Offshore Patrol Vessel. Singapore will be the first port call in Asia of the ship’s five months global campaign, which marks Singapore’s prominence as a strategic hub. The unit will also be the stage for promoting our excellences in other fields, including culture and scientific research as part of the ‘Italian Festival in Singapore’, the annual festival to be held from May to July 2023. A jazz concert, visits from local schools and lectures in partnership with Singapore universities will give visitors the chance to experience cutting-edge technologies and innovative systems first-hand”.

NOVEL NAVAL INNOVATIONS
Organised by the Italian Trade Agency in collaboration with Italian Ministry of Foreign Affairs and International Cooperation, the Italian Ministry of Defence, the Italian Secretariat General of Defence and National Armaments Directorate and AIAD (the Italian Industries Federation for Aerospace, Defence and Security), the Italian Pavilion at IMDEX Asia 2023 will also see the participation of 10 Italian companies – showcasing the very best of Italian excellence.

With the growing western interest in the strategically important region like Singapore, President of AIAD (Italian Industries Federation for Aerospace, Defence and Security) Giuseppe Cossiga said, “The Singapore market represents an extremely important technological and strategic hub for companies in the AD&S sectors. The Italian companies have been present in this market for many years and conduct in cooperation with Singaporean institutions and Armed Forces Research and Innovation activities, as well as development and marketing of complex cutting-edge systems of excellence. The exchange of training activities and services, where doctrines, equipment and systems are provided through or by Italian companies are the evidence of a winning and consolidated partnership”.

ITALIAN MARITIME DEFENSE OUTLOOK 2023
With maritime security remaining a key priority in today’s modern world, attendees can also look forward to discovering emerging Italian technologies like cybersecurity, unmanned systems, sensors and surveillance. In the framework of the re-configuration process of global value chains, Singapore continues to be a popular and growing destination bridging access to all other regional ASEAN countries, which is fundamental to its financial, commercial and logistic hub.

According to the data made available by AIAD, Italy registered 5.4 billion Euros of turnover in 2020 for the land and maritime defence sector, employing 16,400 workers. Together with land and maritime, the whole sector including aerospace ranks 4th in Europe and 7th in the world, with a high level position in the international context. Italy continues to hold leadership positions within this sector, enhanced by the collaboration with large national industries, research centres and universities.

IMDEX Asia 2023 will take place at the Changi Exhibition Centre from 3-5 May 2023. The Italian Pavilion will officially kick off at 11:30am on 4 May, with a welcome speech by H.E. Mario Vattani, the Ambassador of Italy to Singapore and Brunei, followed by a focus on the sector and the Italian opportunities participating, delivered by Mr. Giuseppe Cossiga, President of AIAD. The press conference will be moderated by Ilaria Piccinni, Deputy Trade Commissioner of the Italian Trade Agency Singapore who will be giving a short introduction about the presence at the trade show. On 4 May at 3.40pm at the TechStage within the trade show space, the Association AIAD will be presenting key figures of the sector and share a brief introduction of the Italian companies present at IMDEX Asia. This will be the opportunity to discover more about the Italian excellences in this sector. The Italian Pavilion is located at Booth K25.

IMDEX Asia 2023 Event Details
Date: 3-5 May 2023 (Wed-Fri)
Time: 8:30AM – 5PM on Wednesday
9.30AM – 5PM on Thursday & Friday
Venue: Changi Exhibition Centre, 9 Aviation Park Road Singapore 498760
For more information, visit https://www.imdexasia.com/.

About IMDEX Asia 2023 – 3-5 MAY @Changi Exhibition Centre

IMDEX Asia is Asia Pacific’s leading naval and maritime defence event and the region’s epicentre of thought leadership and partnerships for key decision-makers, buyers and top officials from all across the globe. It will be held at the Changi Exhibition Center from 5-6 of May. The Exhibition presents the finest fleets of naval and integrated defence innovations, systems and solutions from traditional sectors like shipbuilding, armaments and propulsion systems to emerging technologies like cybersecurity, unmanned systems, sensors and surveillance.

For more information, visit https://www.imdexasia.com/.

Hashtag: #IMDEXAsia2023

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

Italian Trade Agency

The Italian Trade Agency (ITA) is the governmental agency that supports the development of their companies abroad and promotes the attraction of foreign investment in Italy. With a motivated and modern organization and a widespread network of overseas offices, ITA provides information, assistance, consulting, promotion and training to Italian small and medium-sized businesses. Using the most modern multi-channel promotion and communication tools, it acts to assert the excellence of Made in Italy in the world. ITA offices are the ideal gateway for enterprises to establish business relationships with Italian partners, from sourcing Italian products, to investment opportunities in Italy.

For more information, visit .

Siem Reap International Airport to Start Test Flights by Mid-May

Siem Reap Angkor International Airport to Test flights by Mid-May
The main work on the first phase of Siem Reap-Angkor International Airport was 63 per cent complete as of December 31, falling short of the planned 70 per cent. ( Photo : Phnom Penh Post )

The steering committee for the construction of Siem Reap Angkor International Airport held a meeting on 20 April to confirm that flight trials will begin in May.

Vientiane Capital to Repair Roads Ahead of 2024 ASEAN Summit

Motorists in Vientiane Capital on Ave Lane Xang near Patuxay Monument.

Vientiane Capital is set to repair and restore its roads in preparation for the 2024 ASEAN summit and other upcoming government meetings.

WelPet Biotech Debuts at the World Veterinary Association Congress as Taiwan’s Only SQF-Certified Pet Health Food Factory

TAIPEI, TAIWAN – Media OutReach – 21 April 2023 – The quality of pet health foods available on the market varies, and consumers may struggle with nutrition information labeling or verifying the appropriateness and effectiveness of ingredients for their pets.

Moreso, pet owners commonly believe that pet supplements are food and can be consumed without limits, resulting in excessive intake of inappropriate nutrients and threatening the health of their pets. Therefore, product certification is very important and can better ensure the quality and safety of products through professional third-party inspection and auditing.

Multiple veterinarians unanimously recommend SQF certification as a quality assurance for pet health products. By highlighting the significance of SQF certification, consumers will be more confident in the quality of pet health food products.

This certification process is highly rigorous and demands strict compliance with standards across four categories and 53 testing items, encompassing raw materials, finished products, packaging materials, and water quality. Presently, only 0.4% of pet food factories worldwide meet the standards for Level 3 certification. The “SQF Quality Shield” can only be marked on products with SQF Level 3 certification, which signifies the safety of both the production process and the product’s quality.

We’ll display our latest research and development technology and a comprehensive intelligent formula database at the World Veterinary Association Congress in April. Through our participation in this exhibition, we aim to introduce more pet owners and veterinarians to the benefits of our SQF quality shield supplements and improve the overall quality of the pet health food market.

At WelPet, in addition to high-quality pet supplements, we collaborate with vets to promote pet health literacy. Our OEM/ODM one-stop services ensure all products are of high quality and marked with the SQF quality shield. WelPet also invites industry elites interested in pet health food to visit and assures the most rigorous processes and services to ensure pet health.

Hashtag: #WELPET#SQF#2023WVAC#PetSupplement#OEM#ODM

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

Cambodian PM’s Son, Tipped to Succeed Him, Gets Promotion

Cambodian Pm’s Son, Tipped to Succeed Him, Gets Promotion
Cambodian army chief Hun Manet, right, a son of Cambodian Prime Minister Hun Sen, receives a promotion of a four-star general from his minister Tea Banh during a ceremony of the Royal Cambodian Armed Forces at the Defense Ministry in Phnom Penh, Cambodia, Thursday, April 20, 2023. ( Photo : AP )

PHNOM PENH, Cambodia (AP) — Cambodian army chief Hun Manet, who is widely expected to replace his father as the country’s Prime Minister later this year, was promoted Thursday to his country’s highest military rank.

Laos Records 40.8 Percent Inflation Rate in First Quarter of 2023

Laos Records 40.8 Percent Inflation Rate in First Quarter of 2023
Dao Heuang Market Pakse (photo: southern-laos.com)
Inflation in Laos has been rising steadily, with an average rate of 40.8 percent reported in the first quarter of 2023.

Results of the ixCrypto Index and ixCrypto Portfolio Indexes Quarterly Review (2023 Q1)

HONG KONG SAR – Media OutReach – 21 April 2023 – Today, IX Asia Indexes Company Limited (“IX Asia Indexes”) announced the 2023

1st quarter review of the ixCrypto Index (“IXCI”) and ixCrypto Portfolio Indexes with results of the constituent review and exchange review as follows:

1. Constituent Review

1.1. ixCrypto Index

The number of constituent cryptos will remain unchanged as 33 constituents with 4 additions and 4 deletions:

Additions

  1. Uniswap
  2. OKB
  3. Lido DAO
  4. Aptos

Deletion

  1. MultiversX
  2. Chiliz
  3. Tezos
  4. Chain

After the change, the free float adjusted market capitalization coverage is 74.74%*, while the 90-day-average volume coverage is 80.25%*. The constituents changes above and recapping at 40% will be effective on Apr 21, 2023 (Friday).

1.2. ixCrypto Portfolio Indexes

There is no change to the constituents of ixCrypto 5 EW Index (“IXEW5”), ixCrypto 5 SR Index (“IXSR5”), ixCrypto Altcoin 10 EW Index (“IXAEW10”) and ixCrypto Altcoin 10 SR Index (“IXASR10”). The following constituent changes will be made to ixCrypto 10 EW Index (“IXEW10”) and ixCrypto 10 SR Index (“IXSR10”).

Additions

  1. Litecoin

Deletion

  1. TRON

Since the last review, there has been an increase in the crypto total market capitalisation from USD0.79tn to USD1.19tn(+50.6%), and a rise in the daily volume from USD27bn to USD53bn(+96.3%). Bitcoin remains as the largest crypto in the constituent list, with its price has gone up by 69.36% since the last review.

2. Exchange Review

As a result of exchange review, the selected 10 exchanges to generate each of the fair average prices for the constituents are as follows:

Selected Exchanges

  1. Binance
  2. Hotcoin Global
  3. Upbit
  4. Coinbase Exchange
  5. OKX
  6. Bitrue
  7. LBank
  8. MEXC
  9. HitBTC
  10. FMFW.io

For more details about our exchange selection criteria, please email info@ix-index.com

More details about the ixCrypto Index and ixCrypto Portfolio Indexes, including their constituents, constituents’ weight are provided in the Appendices, or refer to the website https://ix-index.com/

*exclude stable coins and exchange coins (based on conflict of interest rule methodology effective Oct 2, 2020)

Appendix 1

ixCrypto Index (“IXCI”)

Universe All crypto coins traded in at least two different exchanges around the world
Selection Criteria Cryptocurrencies ranking in the top 80% of cumulative full market capitalization (“MC”) coverage and within an acceptable range in accordance with the Volume Buffer Rule in terms of 90-day average trading volume
Number of Constituents Variable/33 in Q1 2023
Launch Date 12th December 2018
Base Date 3rd December 2018
Base Value 1,000
Reconstitution Rule If the coverage is below 75% or any of constituents is not within an acceptable range in accordance with the Volume Buffer Rule in terms of 90-day average trading volume, IXCI will be reconstituted to bring MC coverage back and do liquidity screening.
Reconstitution and Rebalancing Frequency Quarterly and with a fast entry rule
Weighting Methodology Free float adjusted market capitalization weighted with a cap of 40%
Currency US Dollar
Dissemination Every 5 seconds for 7×24
Website https://ix-index.com/


Appendix 2

Weightings of the Constituents of ixCrypto Index

Crypto 90-day-average-volume * 90-day-average- Market Cap Cummulative Market Coverage before Cap Weighting (%) After 40% Cap#
1 Bitcoin $25,449,278,424 $438,829,053,191 42.52% 40.00%
2 Ethereum $8,278,216,577 $193,453,028,055 61.26% 35.99%
3 XRP $1,184,409,602 $19,974,181,780 63.20% 4.53%
4 Cardano $376,012,796 $12,200,894,622 64.38% 2.15%
5 Dogecoin $507,613,579 $10,661,852,583 65.41% 1.69%
6 Polygon $555,379,442 $9,781,509,059 66.36% 1.63%
7 Solana $762,840,531 $7,909,860,525 67.13% 1.30%
8 Polkadot $267,031,377 $7,065,956,841 67.81% 1.18%
9 Litecoin $623,192,729 $6,384,261,984 68.43% 1.06%
10 Shiba Inu $336,780,400 $6,289,083,980 69.04% 1.02%
11 TRON $290,209,474 $5,808,250,850 69.60% 0.97%
12 Avalanche $320,901,066 $5,437,629,995 70.13% 0.92%
13 Uniswap $106,701,142 $4,696,747,713 70.58% 0.56%
14 Cosmos $ 178,249,536 $3,577,066,236 70.93% 0.52%
15 Chainlink $332,151,294 $3,519,135,089 71.27% 0.61%
16 Monero $86,824,707 $2,909,649,815 71.55% 0.47%
17 Ethereum Classic $229,114,398 $2,893,276,920 71.83% 0.47%
18 Toncoin $36,876,552 $2,822,045,513 72.11% 0.42%
19 OKB $41,845,933 $2,456,648,800 72.35% 0.41%
20 Bitcoin Cash $197,874,418 $2,420,803,260 72.58% 0.38%
21 Stellar $71,560,157 $2,293,572,926 72.80% 0.46%
22 Filecoin $344,525,649 $2,106,765,711 73.01% 0.37%
23 Lido DAO $199,339,378 $1,955,976,952 73.20% 0.33%
24 Aptos $639,057,286 $1,904,359,727 73.38% 0.32%
25 NEAR Protocol $149,103,191 $1,824,771,134 73.56% 0.27%
26 ApeCoin $152,483,756 $1,802,620,873 73.73% 0.25%
27 Hedera $55,083,160 $1,730,967,976 73.90% 0.32%
28 VeChain $62,651,515 $1,670,498,435 74.06% 0.27%
29 Algorand $84,954,473 $1,659,311,895 74.22% 0.26%
30 Quant $30,794,376 $1,575,121,607 74.37% 0.25%
31 Internet Computer $49,136,148 $1,554,898,198 74.53% 0.25%
32 EOS $160,954,071 $1,169,374,727 74.64% 0.21%
33 Flow $68,239,569 $1,066,918,980 74.74% 0.16%

As of 31 March 2023

* 90-day-average-volume ranking in total market is shown in the parentheses
# Weighting (%) after 40% Cap is calculated based on the market capitalization of the index constituents on cut-off date, the arrangement of order may not be the same as 90-day-average- Market Cap
Selection of index constitiuents is based on the past 90-day-average market capitalization and volume
For the calculation methodology of the index, please refer to the “ixCrypto Index Methodology Paper” on our website

Appendix 3

Weightings of the Constituents of ixCrypto Portfolio Indexes

Index Constituents ixCrypto 5 EW Index ixCrypto 5 SR Index ixCrypto 10 EW Index ixCrypto 10 SR Index ixCrypto Altcoin 10 EW Index ixCrypto Altcoin 10 SR Index
1 Bitcoin 20% 46.40% 10.00% 36.46%
2 Ethereum 20% 29.52% 10.00% 23.20% 10.00% 36.46%
3 XRP 20% 10.47% 10.00% 8.23% 10.00% 23.20%
4 Cardano 20% 7.21% 10.00% 5.66% 10.00% 8.23%
5 Dogecoin 20% 6.40% 10.00% 5.03% 10.00% 5.66%
6 Polygon 10.00% 4.93% 10.00% 5.03%
7 Solana 10.00% 4.41% 10.00% 4.93%
8 Polkadot 10.00% 4.19% 10.00% 4.41%
9 Litecoin 10.00% 3.98% 10.00% 4.19%
10 Shiba Inu 10.00% 3.91% 10.00% 3.98%
11 TRON 10.00% 3.91%

Appendix 4

ixCrypto Indexes Dissemination

Real time indexes are disseminated every 5-second interval for 7×24 since 23 June 2022. The real-time indexes are available for viewing on the IX Crypto Index official webpage. For IXCI, IXBI and IXEI, the indexes are also available through Nasdaq Global Index Data Service (GIDS) with the tickers “IXCI”, “IXBI” and “IXEI”, with dissemination interval kept at 15-second unchanged.

The vendor tickers are shown below:

Index Name Bloomberg Ticker Reuters Ticker
ixCrypto Index IXCI .IXCI
ixBitcoin Index IXCBI .IXBI1
ixEthereum Index IXCEI .IXEI1

For further information about ixCrypto Index and other available indexes including IX Crypto spot price index series, please visit company official webpage https://ix-index.com.

For data licensing and product, please contact us at licensing@ix-index.com.

For free API use on academic research or trial, please contact enquiry@ix-index.com

Hashtag: #ixCryptoIndex

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

About IX Asia Indexes and IX Index Advisory Committee

IX Asia Indexes is an award-winning index company, providing real-time digital asset and innovative indexes, disseminated 7×24 globally and built on robust infrastructure. Since the launch of the first crypto benchmark index (“IXCI”) launched in Hong Kong in December 2018, the ixCrypto index series expand into 22 indexes designed for exchange futures product, mark to market and fund managers’ portfolio construction purposes. To ensure the professionality and impartiality of the index methodologies and operations, IX Asia Indexes has established its index advisory committee with representation from different industries, including fund management, exchanges, brokerage, financial blockchain experts, crypto service providers, etc. The committee will meet quarterly a year to discuss matters relating to the IX Asia Indexes, including to review and to comment the data sources, methodologies, and operations of IX Asia Indexes, to provide guidance to the future development of new IX Asia Indexes and to handle other issues and decisions on an as-needed basis.

IX Asia Indexes was awarded the Fintech Award (wealth investment and management) 2019 and 2021 organised by ETNet. It as well won an award for Startup of the Year and Basic Technology (Big Data) from Hong Kong Fintech Impetus Awards 2022 by Metro Broadcast and KPMG.

Website:

Advisory Committee:

About IX Crypto Indexes

The ixCrypto index (“IXCI”) is the first crypto index launched in Hong Kong. It was launched on 12 December 2018. It is denominated in USD with a base value of 1000 and a base date on 3 December 2018. Designed to be easy to understand while providing a good representation of the crypto market, ixCrypto index aims to cover the top 80% of the cumulative free-float adjusted market capitalization in the crypto universe and, at the same time, the crypto currencies should fall within the top liquid cryptos ranked by trading volume in the 90 days preceding the review date. The index is to be reviewed quarterly and with a fast entry rule. Real time indexes are disseminated every 5-second for 7X24 since 23 June 2022. Real time index data together with ixBitcoin Index and ixEthereum Index can be obtained from IX Asia Indexes Data Services. For IXCI, IXBI and IXEI, the indexes are also available through Nasdaq Global Index Data Service (GIDS) with the tickers “IXCI”, “IXBI” and “IXEI”, with dissemination interval kept at 15-second unchanged.

Laos To Experience Thunderstorms, Rain This Week

Laos To Experience Thunderstorms, Rain In The Coming Week
Heavy rainfall in Laos with kids on bicycle. ( Photo : The Star )

The Department of Meteorology and Hydrology has put out a weather forecast for 21-27 April, with predictions for thunderstorms and rainfall.