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Four Thai Bank Branches Discontinue Services in Laos

The Krungsri Ayudhya Bank Savannakhet province branch announce to voluntarily terminate its membership of The Deposit Protection Office of the Bank of Laos.

The Deposit Protection Office (DPO) of the Bank of Lao PDR announced this month that four Thai commercial bank branches in Laos have voluntarily terminated their membership in the DPO and closed operations due to business strategy changes in their head offices.

Young people want it all – financial freedom and time to enjoy life

Prudential poll shows that Gen Zs and Millennials define financial success as more than just affluence, with 76 per cent aiming for financial freedom, and 65 per cent seeking work-life balance

SINGAPORE – Media OutReach – 23 August 2023 – Young people today have a more holistic view of financial success compared to yesteryears when the traditional “5Cs”[1] were symbolic of having made it in life. More than three in four (76 per cent) Gen Zs and Millennials say that financial success for them means enjoying the financial freedom to pursue the lifestyle that they desire and to be free from financial concerns (Figure 1). This is according to a poll commissioned by Prudential Singapore (“Prudential”) which explores the priorities, aspirations and goals of Singapore residents aged 16 to 29 who have just started their careers.

Work-life balance also came up as an important definition of financial success for 65 per cent of the 1,000 respondents surveyed. This shows that while being financially secure is important, young people also want a fulfilling life that includes time for aspirations such as travelling the world, giving back to society (Figure 2), and prioritising their personal wellbeing (Figure 3).

Work-life balance being a priority also suggests that young people don’t see hustling (putting work above all else) as their main strategy to achieving financial success. Instead, they are looking to grow their wealth through other sources such as investments and passive income, so that they have more time to live life to the fullest. More than half (58 per cent) said that they would like to retire early (Figure 2).

Mr Ben Tan, Chief Corporate Development Officer, Prudential Singapore, said: “Owning the ‘5Cs’ including material assets such as a car or condominium used to be the measure of whether one has made it in life. According to our study, this definition has broadened with young people today having a more holistic view of success. They want to achieve financial freedom, and for them, this means having it all – wealth as well as the time to spend with their loved ones and on their personal passions and wellness.

“We are leading longer lives and living costs are increasing. Therefore, taking steps to achieve financial freedom early in one’s career is important as this gives you a longer runway to prepare for milestones such as buying a home, starting a family and retirement. Building financial literacy early is also crucial as it sets the foundation for a healthy financial future.”

How young people are working towards financial freedom

According to the Prudential poll, young people are prioritising building up savings (61 per cent), growing wealth (49 per cent), and investing to make their money grow (41 per cent). However, planning for retirement and being adequately insured are not as high on their list, with less than one in five choosing them as priorities (Figure 3).

Commenting on the importance of having sufficient protection, Mr Tan said: “Insurance is an important component of financial and retirement planning as it not only provides protection for you and your family, but also helps to build your wealth and cushion the impact of inflation. If you are adequately insured when you are young and healthy, you can achieve financial freedom as you pursue your life goals with peace of mind knowing you are well-protected against unexpected life events.”

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About the poll

This poll was commissioned by Prudential and conducted by Milieu Insight and surveyed 1,000 Singaporean residents aged 16 to 29 who are still studying or working. Responses for the online poll were collected in July 2023.


[1] The traditional “5Cs” is a phrase used in Singapore and refers to cash, car, credit card, condominium and country club membership.

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 92 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 5,000 financial consultants.

Etiqa Insurance Singapore launches ‘With You for the Ride’ campaign: Your Trusted Partner at Every Stage of Life

SINGAPORE – Media OutReach – 23 August 2023 – Etiqa Insurance Singapore, a leading insurance provider, today unveiled its latest brand campaign, ‘With You for the Ride’, which aims to ignite the spirit of adventure among Singaporeans, inviting them to explore life’s diverse possibilities and embrace the excitement of unexpected journeys.

“We believe that life is meant to be lived with enthusiasm and a spirit of adventure,” said Shirley Tan, Chief Marketing Officer, Etiqa Insurance Singapore. “We take immense pride in being the steadfast partner our customers can count on, no matter where their journey leads. Our fresh ‘With You for the Ride’ campaign encapsulates this very essence, illustrating that we stand by individuals through every twist and turn, defying the constraints of age.”

Journeying together through life with Etiqa

At the core of this campaign, Etiqa Insurance Singapore seeks to transform the way insurance is portrayed, through the use of compelling narratives and dynamic visuals that appeal to the target audiences. The company will also spearhead a holistic array of initiatives across a comprehensive 360 campaign mix across online and offline channels. Etiqa Insurance Singapore aims to establish itself as a trusted companion through these initiatives, providing financial protection and support while empowering individuals to pursue their passions and dreams.

The ‘With You for the Ride’ campaign showcases Etiqa Insurance Singapore’s dedication to humanising insurance and making it relatable to the aspirations and dreams of Singaporeans. By fostering a sense of partnership, trust, and confidence, Etiqa Insurance Singapore aims to build meaningful connections with customers and help them navigate life’s journey with ease.

“In a world where uncertainties abound, Etiqa aspires to redefine the insurance journey by underscoring the significance of a robust and unwavering alliance between insurers and their esteemed customers,” added Shirley. “We fully comprehend the value of trust in cultivating enduring relationships, and our fresh campaign embodies Etiqa’s dedication to protection and transparency, pledging to be the unwavering partner that our customers can depend on.”

Etiqa’s comprehensive suite of insurance products is thoughtfully designed to meet the ever-changing needs of its diverse customer base. These include youth-oriented plans that foster financial growth, protection to tailor-made solutions for adults seeking stability and security, even for those looking beyond the next generations, and retirement-focused products that ensure peace of mind during the golden years.

The ‘With You for the Ride’ campaign will be widely featured across digital, social media and out-of-home channels including bus shelters, MRT stations, and movie theatres in Singapore. To learn more about Etiqa Insurance Singapore ‘With You for The Ride’ campaign, please visit https://www.etiqa.com.sg/withyou/.
Hashtag: #EtiqaInsurance #WithYouForTheRide

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

Etiqa Insurance Pte. Ltd. (Etiqa Insurance Singapore)

Protecting customers since 1961, Etiqa Insurance Singapore is a licensed life and general insurance company regulated by the Monetary Authority of Singapore (MAS) and governed by the Insurance Act. The local insurer is the Singapore operating entity of Etiqa Insurance Group – a leading insurance and takaful business in ASEAN offering life and general insurance and family and general takaful products through its agents, branches, offices and bancassurance network in the region. Etiqa is rated ‘A’ by credit rating agency Fitch for the group’s ‘Favorable’ business profile and ‘Very Strong’ capitalisation.

Etiqa is owned by Maybank Ageas Holdings Berhad, a joint venture company that combines local market knowledge with international insurance expertise. The company is 69% owned by Maybank, the fourth largest banking group in Southeast Asia, and 31% by Ageas, an international insurance group with footprints across 16 countries and a heritage that spans over 190 years.

Wealthy Property Developer Srettha Thavisin is New Thai PM Who Didn’t Hide His Political Views

Pheu Thai political party's Srettha Thavisin, left, and Thaksin Shinawatra's daughter Paetongtarn react as they attend a press conference after Thailand's parliament voted in favor of his prime ministerial candidacy, at the party headquarters in Bangkok, Thailand, Tuesday, 22 August 2023. (Photo: AP)

BANGKOK (AP) — The leader of one of Thailand’s best-known property empires has been selected prime minister just nine months after joining a political party that champions the poor.

Laos, Thailand Likely to Construct New Expressway in Savannakhet

Savannakhet

Authorities in Laos and Thailand have discussed a feasibility plan to construct an expressway from Savannakhet Province to the nearby Vietnamese border, linking Northeastern Thailand with the country.

The New Philips Evnia 49M2C8900 Monitor Redefines Visual Excellence with its QD OLED Panel, Among Other Features.

SINGAPORE – Media OutReach – 23 August 2023 – Your most immersive and luxurious gaming experience has arrived.

Philips Evnia 49M2C8900
Philips Evnia 49M2C8900

On 23rd August 2023, the new sub-gaming brand of Philips, Evnia, will announce the release of the newest addition to their premium 8000 monitor series: The Philips Evnia 49M2C8900. Designed for gamers searching for a state-of-the-art and immersive product that can perform for work or play, the Philips Evnia 49M2C8900 showcases versatility with features like the large 32:9 SuperWide (48.9″) screen and its complete USB-C connection with 90W power delivery support.

However, this hardly scratches the surface of the Philips Evnia 49M2C8900’s spec profile. Evnia, with the mission to introduce a gaming brand meant for everyone, has fully packed the Philips Evnia 49M2C8900 with specs that are suited for all types of gameplay; such as a QD OLED display for pristine visuals, a 240Hz refresh rate for fast and clear gaming, Vesa ClearMR 13000 certification for assured blur-free gaming, DTS Sound with 30W output for exceptional and immersive audio, and the exclusive Ambiglow feature to add to the all-around alluring experience.

Immersive Gaming Redefined.
One of the key selling points of the Philips Evnia 49M2C8900 is the immersive experience it gives to its users. Thanks to features such as the monitor’s 1800R curved frame and Ambiglow feature; as well as new additions like DTS Sound, the Philips Evnia 49M2C8900 intends to tickle and invite all the user’s senses.

DTS Sound with 30W output is a new feature for the Evnia 8000 series lineup. It is designed to add to Philips Evnia 49M2C8900’s immersive experience with incredible sound to accompany any type of game.

Therefore, with all these hypnotic features at play, it is easy to see how this monitor was designed to aid gaming enthusiasts in fully feeling and owning their gaming experience.

State-Of-The-Art Picture Quality and Blur-Free Gaming
In addition to immersion, another key aspect of the Philips Evnia 49M2C8900 is its visual power: It is designed to give users a luxurious viewing experience.

With features like QD OLED, DQHD (5210×1440) resolution, True 10-bit color gamut, and 450nits peak brightness, the Philips Evnia 49M2C8900 is sure to deliver crystal-clear and premium picture quality.

Not to mention, the visual potency of the Philips Evnia 49M2C8900 is certified. Along with the features mentioned above that make this monitor’s imagery shine, it also has features like the DisplayHDR™ True Black 400 certification for tested premium visual quality and Vesa ClearMR 13000 certification for assessed and assured blur-free gaming.

All these features amount to a premium gaming experience that is suited for anyone; from professional gamers to novice ones who enjoy a high-quality picture experience.

Award-winning and Designed for Everyday Use
Apart from its imagery, the Philips Evnia 49M2C8900 is an award-winning model due to its modern design. Both awards, the Red Dot Award 2023 and iF Design Award 2023, attribute the Philips Evnia 49M2C8900’s technical quality and immersive gaming performance to its winning results.

Piggybacking off of the technical quality of the Philips Evnia 49M2C8900, additional features like the MultiClient Integrated KVM switch, VESA Mount, Compact Ergo Base, and LowBlue mode are added to this monitor’s arsenal for everyday use. Therefore, by redefining what a gaming monitor is through these everyday features, the Philips Evnia 49M2C8900 showcases versatility and is designed to be a fashionable (and useful) home office monitor as much as it is for high-quality gaming.

Prices and Availability for the Philips Evnia 49M2C8900
All in all, the Philips Evnia 49M2C8900 gaming monitor is an ideal option for gamers and/or aspiring hobbyists who favor pristine imagery, premium technical quality, and a state-of-the-art immersive experience.

The Philips Evnia 49M2C8900 monitor will be available starting November 2023 and product availability may vary by country.

For additional information on Philips Evnia models:
https://www.evnia.philips

Hashtag: #PhilipsMonitors

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

Aon Names Qin Lu as Head of Greater China to Bring Together Risk Capital and Human Capital Capabilities

Lu will oversee Aon’s business in mainland China, Hong Kong, Macau and Taiwan

SINGAPORE – Media OutReach – 23 August 2023 – Aon plc (NYSE: AON), a leading global professional services firm, today announced Qin Lu as head of Greater China, comprising the markets of mainland China, Hong Kong, Macau and Taiwan, effective August 1. Qin will continue as a member of the Aon Asia-Pacific Executive Committee.

Qin Lu, Head of Greater China, Aon
Qin Lu, Head of Greater China, Aon

Earlier this year, Aon created a new Greater China sub-region for these markets to better reflect clients and the industry within the Asia Pacific region. As head of Greater China, Lu will bring together the firm’s Risk Capital and Human Capital capabilities and work across the regional team to bring the breadth of Aon’s expertise and solutions to clients. In addition to his role as head of Greater China, Lu will continue to lead Reinsurance Solutions in the sub-region.

Anne Corona, chief executive officer of Asia Pacific, Aon, said: “I am thrilled to have Qin lead the continued growth of the Greater China sub-region. He has demonstrated a strong track record of leading across solution lines to deliver Aon United capabilities to our clients. Qin will build on the team’s success and strengthen collaboration across the region to provide greater clarity and confidence to help clients make better decisions to protect and grow their businesses.”

Lu previously served as co-head of China and CEO of Reinsurance Solutions, Greater China at Aon. Prior to joining Aon in 2016, Lu worked at Swiss Re for 19 years and held various strategic and leadership roles across Asia, including leading Swiss Re’s China business as its president.

“The establishment of the Greater China sub-region is not simply the summation of several markets – it is driven by the inherent growth opportunities for our clients and colleagues in the region. These geographic hubs are key drivers for the success of the Asia-Pacific region and where we can continue to help clients tackle their biggest needs. I feel privileged to have the opportunity to work together with our colleagues to further bring the best of Aon’s regional expertise and capabilities into Greater China,” Lu said.

For more information about Aon in the Asia Pacific region, please visit www.aon.com/apac.

Hashtag: #Aon #Risk #Reinsurance #GreaterChina

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

About Aon

(NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Our colleagues provide our clients in over 120 countries and sovereignties with advice and solutions that give them the clarity and confidence to make better decisions to protect and grow their business.

Follow Aon on , , and . Stay up-to-date by visiting the and sign up for News Alerts .

Disclaimer
The information contained in this document is solely for information purposes, for general guidance only and is not intended to address the circumstances of any particular individual or entity. Although Aon endeavours to provide accurate and timely information and uses sources that it considers reliable, the firm does not warrant, represent or guarantee the accuracy, adequacy, completeness or fitness for any purpose of any content of this document and can accept no liability for any loss incurred in any way by any person who may rely on it. There can be no guarantee that the information contained in this document will remain accurate as on the date it is received or that it will continue to be accurate in the future. No individual or entity should make decisions or act based solely on the information contained herein without appropriate professional advice and targeted research.

ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Apellis Pharmaceuticals, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – APLS

New York, New York – Newsfile Corp. – August 22, 2023 – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Apellis Pharmaceuticals, Inc. (NASDAQ: APLS) between January 28, 2021 and July 28, 2023, both dates inclusive (the “Class Period”), of the important October 2, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Apellis 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 Apellis class action, go to https://rosenlegal.com/submit-form/?case_id=17734 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@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 October 2, 2023. 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 handle 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 throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) SYFOVRE’s (an intravitreal pegcetacoplan injection which is the first and only approved therapy for geographic atrophy (“GA”), a leading cause of blindness) design of clinical trials was insufficient to identify incidents of retinal vasculitis in patients receiving SYFOVRE injections; (2) as a result, the commercial adoption of SYFOVRE was subject to significant, unknown risk factors; and (3) therefore, defendants’ statements about Apellis’ business, operations, and prospects lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Apellis class action, go to https://rosenlegal.com/submit-form/?case_id=17734 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@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
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

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