29 C
Vientiane
Friday, May 2, 2025
spot_img
Home Blog Page 1848

Police Hand Out Free Helmets, Water to Motorists Ahead of New Year

A police officer wear and gives a free helmet for a child.

The traffic police on Route 13 South between Bolikhamxay and Khammouane Province have started distributing free helmets and water to passing motorists.

Prince Holding Group Supports NTU PEAK ASEAN

Survey indicates 100% of NTU participants considering Cambodia as a work destination post-graduation

PHNOM PENH, CAMBODIA – Media OutReach – 29 December 2022 – Prince Holding Group, one of the largest business groups in Cambodia, recently supported the Inaugural Nanyang Technological University (NTU) PEAK ASEAN, which brought together outstanding NTU students across the disciplines of Business, Humanities, Arts, Social Sciences and Engineering to the Kingdom of Cambodia for a two-week immersion. In addition, the NTU participants were teamed up with selected Cambodian students from CamEd Business School. Promising results from the Post Program Survey indicated that 100% of the NTU students are now considering Cambodia as a work destination after graduation.

Prince Group's management, mentors, NTU students, and CamEd students during the final presentation at Prince Holding Group Headquarters
Prince Group’s management, mentors, NTU students, and CamEd students during the final presentation at Prince Holding Group Headquarters

Throughout the program, Prince Holding Group provided a conducive work and research environment to the participants, supported by the Group’s experienced mentors from two of its key entities – Belt Road Capital Management and Prince Real Estate Group.

Launched in 2017, NTU PEAK ASEAN is the extension of NTU PEAK Program, a three-week-long program conventionally organized in Singapore where students work together in teams to conduct research and surveys, and present viable solutions of real-world business challenges offered by participating corporate partners.

“Anchored on Design Thinking principles, NTU PEAK has been co-designed with industry partners to develop high-potential students who will become industry-relevant future leaders for the workplace and community,” said Desmond Woo, Deputy Director from Nanyang Technological University. “We would like to thank Prince Group for supporting our students throughout the program in Cambodia and to aid our students’ understanding of this fast-growing market.”

“The NTU PEAK ASEAN is a great opportunity to improve future Singapore industry leaders’ understanding of Cambodia,” said Gabriel Tan, Chief Communications Officer of Prince Holding Group. “Participants of the program interacted extensively with our international management team, impressing them with the extensive thought processes and solutions put forth in the final presentations. As an NTU Alumni, I certainly look forward to welcoming more participants and potential partners in the future” he added.

Human capital development has been a key focus for Prince Holding Group’s philanthropic arm, Prince Foundation. The Group is a regular supporter of Cambodia’s tertiary education sector and is working to identify the second batch of Chen Zhi Scholarship recipients. Through Prince Foundation, the Group awarded 100 scholarships to students in the 2021/22 term, supporting their higher education pursuit at top Cambodian Universities. Under the leadership and philanthropy of Neak Oknha Chen Zhi, Chairman of Prince Holding Group, Prince Foundation will continue to work towards strengthening human capital upskilling efforts in line with its education and youth development core pillar.

Hashtag: #PrinceHoldingGroup

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

FOMO Pay becomes SWIFT member and obtains dedicated BIC

SINGAPORE – Media OutReach – 29 December 2022 – FOMO Pay, the Singapore-headquartered major payment institution, announces that it has become an official SWIFT member and obtained its own Business Identifier Code (BIC), also known as SWIFT Code: FOMPSGSG.

This is a meaningful achievement for FOMO Pay in its pursuit to provide more efficient, secure, and reliable payment services. FOMO Pay will utilize the SWIFT Code to eliminate manual errors, reduce transfer fees and times, and streamline business transaction processes, thus enhancing its clients’ global collection and payout experiences.

SWIFT is the world’s leading financial messaging service provider, connecting more than 11,000 banks and financial institutions in over 200 countries. SWIFT Code is used to identify financial institutions and allow them to communicate with one another for seamless fund transfers.

Hashtag: #FOMOPay #SWIFT #BIC #SWIFTCode #Payments #Collections #Payouts #GlobalTransfer #FinancialInstitution

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

About FOMO Pay

Founded in 2015, FOMO Pay Pte Ltd is a major payment institution (License No. PS20200145) regulated under the Payment Services Act in Singapore, licensed by the Monetary Authority of Singapore (MAS) to conduct Cross-border Money Transfer Service, Domestic Money Transfer Service, Digital Payment Token Service, and Merchant Acquisition Service. The firm has become a leading one stop digital payment and banking solution provider and is currently building Asia’s first licensed gateway helping institutions and businesses to connect between fiat and cryptocurrency. The firm offers its three flagship products:

  • FOMO Payment – One-stop digital payment solution for merchants, corporates and financial institutions
  • FOMO iBank – Facilitate businesses’ everyday requirements for transactional banking needs
  • FOMO Crypto – Asia’s First licensed gateway bridging crypto and fiat

FOMO Pay Official Website Link:

Thailand Sees an Increase in Russian Visitors as Tourism Recovers

Russian traveler in Phuket. ( Photo: Phuket News)

Thailand has recorded an increase in Russian visitors, with monthly arrivals doubling in November and up nearly seven times in September.

Lao Athlete Wins Bronze in Para Powerlifting World Cup

35-year-old Latsami Sipaseuth from Laos with powerlifting athletes from Brazil and Kenya.

An athlete from Laos has been awarded a bronze medal after the competition of Para Powerlifting World Cup in Dubai, the United Arab Emirates (UAE).

Traveloka Co-Founder Commits to Accelerating Digital Transformation in Vietnam’s Tourism Sector during Meeting with President Nguyen Xuan Phuc

SINGAPORE – Media OutReach – 29 December 2022 – During his state visit to Indonesia which marks the 10th anniversary of establishing a strategic partnership between Indonesia and Vietnam, the President of Vietnam, H.E Nguyen Xuan Phuc met with representatives from key Indonesian enterprises, including Traveloka.

During the meeting with President Nguyen Xuan Phuc, Albert, Co-Founder of Traveloka, affirmed his commitment to support more initiatives, technological developments and other solutions to aid the recovery of Vietnam’s tourism industry and accelerate its digital transformation.

Albert also took the opportunity to congratulate the President on Vietnam’s success in ensuring the recovery of the country’s tourism industry. He also noted and expressed his gratitude to the Vietnamese government for its strategic business cooperation, partnership and support, which minimized the consequences and impact of the pandemic. As Southeast Asia’s leading travel platform, Traveloka hopes to deepen collaboration with the Vietnamese government in projects to support the recovery of the tourism sector, accelerate digital adoption, as well as to further develop sustainable tourism.

The tourism industry needs to harness digital transformation to create breakthroughs and drive positive impact for the economy. As a technology company present in Vietnam since 2015, Traveloka has been, and remains ready to support tourism in Vietnam, as well as participate in the digitization of the tourism industry. Traveloka constantly adapts and responds to trends, as well as rapidly changing customer behavior, and engages intensively with the government. Traveloka Vietnam has worked with the Vietnam National Administration of Tourism (VNAT), the Ho Chi Minh City Department of Tourism, the Hai Phong City Department of Tourism, and the Da Nang City Tourism Board to support the digital transformation initiatives of these agencies, to promote local destinations and improve the experience of visitors to the country, furthering the development of local tourism.

“We believe in Vietnam’s tourism potential and are committed to supporting the country, in promoting digital transformation and tourism to deliver social and economic impact,” Albert emphasized.

This is testament to the growing trade relationship between Vietnam and Indonesia. The archipelago is Vietnam’s third largest trading partner, while Vietnam is Indonesia’s fourth largest partner. Bilateral trade in 2021 reached 11.5 billion USD, exceeding the target of 10 billion USD per year, set by the two countries for the first time. As of November 2022, the trade value of the two countries reached nearly 13 billion USD.[1]

Indonesia is the first country in Southeast Asia to establish diplomatic relations with Vietnam[2], with Vietnam also being Indonesia’s key strategic partner.

Hashtag: #Traveloka

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

About Traveloka

Traveloka, Southeast Asia’s leading travel platform, enables consumers to access, discover and purchase a wide range of travel, local services, and financial services products. Traveloka’s comprehensive product portfolio includes transport booking services such as flight tickets, bus, trains, car rental, airport transfer. It also offers access to the largest accommodation inventory in Southeast Asia, including hotels, apartments, guest houses, homestays, resorts, and villas.

Traveloka is a key player offering local services (currently specific to certain markets), and reservations for a wide range of local attractions, activities, as well as wellness and beauty clinics. Traveloka also offers financing, payment, and insurance products to help Southeast Asian consumers fulfill their aspirations. Traveloka provides 24/7 customer service in local languages as well as more than 30 different local payment methods. The Traveloka app has been downloaded more than 100 million times, making it the most popular travel platform in Southeast Asia.

For more information, please visit: .

Thai Civil Servant Accused of Corruption, Gets Bail Release

Mr. Rutchada Suriyakul Na Ayutya bails himself out of arrest (photo: Thaiger)

Thai Chief of National Parks, Mr. Rutchada Suriyakul Na Ayutya was released on bail Wednesday morning after being detained for corruption charges on Tuesday in Bangkok.

Third Mekong River Dolphin Found Dead in a Week

This is the 11th dolphin found dead in Cambodia in 2022, bringing the total to 29 in the last three years.