29.5 C
Vientiane
Thursday, July 31, 2025
spot_img
Home Blog Page 2015

KBTG establishes its third IT base in Vietnam, seeking additional personnel to strengthen its workforce in support of KBank’s Regional Digital Expansion strategy, gearing up for becoming the best tech company in the region

BANGKOK, THAILAND – Media OutReach – 23 June 2023 – KASIKORN Business-Technology Group (KBTG) has established KBTG Vietnam – its third stronghold in the Asian region, aiming to recruit IT talent for market expansion in Vietnam and other countries within AEC+3 in the drive to support KASIKORNBANK’s Regional Digital Expansion strategy. The company expects to attract more than 500 workers within the next three years in order to drive KBTG to be at the forefront in the regional tech industry. The move will also support KBank’s goal of being one of the top 20 banks in Vietnam within 2027.

Ms. Kattiya Indaravijaya, KBank Chief Executive Officer, said, “The AEC+3 holds significant importance as a large consumer market. Its economy has been driven largely by its young populace. The expansion of the Vietnamese digital lifestyle sector will be the main thrust for regional growth going forward. KBank has thus pressed ahead in expanding its presence in the region in order to help broaden opportunities for Thai businesses while delivering excellent service experience to local retail and SME customers. Guided by our Regional Digital Expansion strategy that focuses on technological development, strong workforce, investment in startups and key strategic businesses, KBank aims to build up a business and technological network in order to deliver a positive digital service experience to local users with greater flexibility. The move will allow KBank to become the Regional Digital Bank of the new era and eventually one of the best 20 banks in Vietnam within 2027.”

Ms. Voranuch Dejakaisaya, KBTG Executive Chairman, said, “KBTG never ceases in developing our business operations in order to support KBank’s strategy of broadening its presence in the ASEAN region through digital banking services. We are ready to cope with the ‘talent war’ challenge in Thailand. KBTG has thus adopted a proactive strategy in recruiting high-caliber personnel to help drive KBank’s business expansion both domestically and regionally.”
Following the implementation of its overseas personnel recruitment strategy, KBTG has noted that aside from its IT personnel, Vietnam is home to ASEAN’s top students in STEM fields (Science, Technology, Engineering, Mathematics). Accounting for the cultural similarities between Vietnam and Thailand, KBTG has established KBTG Vietnam Company Limited or KBTG Vietnam in Ho Chi Minh City to facilitate KBank’s technology development for the provision of services in both Vietnam and elsewhere in the region. KBTG Vietnam is the second branch of KBTG in ASEAN, and the third branch in Asia after KBTG in Thailand and K-Tech in Shenzhen, China. KBTG expects that the company will add more than 500 new positions within the next three years, allowing it to become a regional tech company by 2025, as targeted.
KBTG’s solid operation bases and competent personnel in Thailand, China and Vietnam will allow the company to leverage its synergy and amalgamate the offices’ potential and expertise to advance KBTG’s technical capacities and important skills, including AI, blockchain, supply chain and coding methodology, thus allowing KBank to create a complete financial experience for customers in Thailand, Vietnam and other countries in the region.

Mr. Thanussak Thanyasiri, Managing Director, KBTG Vietnam, said, “KBTG Vietnam’s key mission is software development, creation of financial innovations and new technologies to facilitate KBank’s business operations and business customers in Thailand, Vietnam and other ASEAN countries, with the important goal of becoming Vietnam’s top technology company by 2025.”
KBTG Vietnam’s goals in 2023 are aimed at recruiting the first group of 200 IT personnel to develop software for KBank and international businesses, jointly upgrading the K PLUS Vietnam application – KBank’s flagship product with over 600,000 existing users, and major digital banking platform supporting expansion of its customer base in Thailand with a target of more than 1.3 million by 2023. Additionally, it aims to enhance capability in expanding K PLUS to other countries across the region. Focus is also on KBTG Vietnam’s software development and delivery based on the “3S” principles: Speed, Scale, and Sustainability, along with adoption of world-class software methodology and tech capability with quality equal to KBTG in Thailand, and application of case studies worldwide. KBTG Vietnam recently established its second office in Hanoi to access potential tech talents and to facilitate employees in different cities preferring to work outside of Ho Chi Minh City.
Persons interested in working with KBTG and KBTG Vietnam can view more details and available job positions at www.kbtg.tech/en/kbtg-vietnam.

Hashtag: #KBTG #KBTGVietnam #KASIKORNBANK #KBank #Banking #RegionalExpansion


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

About KBTG

KASIKORN Business-Technology Group (KBTG) is a tech arm of KASIKORNBANK. At KBTG, we never cease to develop and innovate financial technologies. We are the driving force behind KBank’s success. Our wide-ranging online banking services are equipped with sound infrastructure and strong barriers capable of safeguarding customers’ valuable assets and data, while pioneering world-class innovative digital services like MAKE by KBank. Utilizing our expertise in the FinTech business, combined with the new generation’s outside-the-box thinking, KBTG aims to transform itself into the best tech organization of Southeast Asia by 2025.

Over 100,000 Tourists Enter Laos via Bokeo Province in 2023

The Golden Triangle Special Economic Zone of Laos, Thailand and Myanmar (Photo: TTR Weekly)

From January to May 2023, Bokeo province reported that 116,142 tourists entered across the 4th Lao-Thai International Friendship Bridge and through the Golden Triangle Special Economic Zone Border Checkpoint.

BOL Gives More Flexibility to Commercial Banks on Foreign Currency Exchange

BOL Gives More Flexibility To Commercial Banks on Foreign Currency Exchange
(Stock Photo)

The Bank of Laos has issued a notice to provide better flexibility in foreign currency exchange rates to commercial banks as the LAK’s value continues to plummet.

Topcast Appoints Wolfgang Tatzer as New CEO

Wolfgang Tsatzer appointed as CEO, following recent leadership transition
Wolfgang Tatzer joins with more than 30 years’ experience in aviation, most recently as President of Telair International

HONG KONG SAR – Media OutReach – 23 June 2023 – Topcast, a world-leading aircraft parts distributor and MRO (maintenance, repair and overhaul) service provider, today announced that Wolfgang Tatzer has been appointed as Chief Executive Officer.

Wolfgang brings more than 30 years’ experience across prominent companies in the aviation industry. Most recently, he was President of Telair International, the world’s leading supplier of aerospace cargo loading solutions. Prior to this, he spent more than a decade at Satair, overseeing product management teams with responsibility for some of the largest product lines of the Satair portfolio of aircraft system OEM’s supporting full scale global distribution contracts.

Wolfgang Tatzer said: “I am excited to be joining Topcast at a time of significant strategic momentum. The business managed well throughout what was, undoubtedly, a difficult period for the sector and is now well positioned for growth. I look forward to working closely with the team to continue to build Topcast into a world-class aircraft parts distributor and MRO services provider through market expansion and superior customer service.”

Alex Emery, a Non-Executive Director at Topcast, added: “In Wolfgang we have found a seasoned industry leader with decades of relevant experience who will help Topcast continue to serve as a reliable partner with strong product knowledge and local expertise. I look forward to working with Wolfgang and the rest of the team to take Topcast to the next level.

“I’d like to thank Joyce Lee for her leadership of the company over the past eight months, during which she served as interim CEO and Head of Commercial in addition to her role as CFO, and drove a number of significant initiatives.”

The appointment comes at a period of significant growth for the business, following a rebound of air travel across Asia. In light of the market recovery, Topcast has launched several new business initiatives and signed new partnerships including rebuilding the APEC sales team, driving business expansion in Americas, and promoting and retaining talent.

Hashtag: #Topcast

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

Topcast

Founded in 1991 and headquartered in Hong Kong SAR, Topcast is a world-leading trustworthy aircraft parts distributor and MRO service provider. We offer exceptional OEM and aftermarket aircraft parts, equipment and repair services for a broad range of aircraft types. With our strong global network, we have more than 20 offices across Asia-Pacific, Americas, Europe, the Middle East and Africa, connecting suppliers with customers in all segments for over 90 countries. Please visit .

Funds advised by Permira, the global private equity firm, acquired a majority stake in the business in September 2019.

Greenbriar Capital Announces Convertible Debenture and Update on the Sage Ranch Option and Joint Venture Agreement with Captiva Verde Wellness Corp

Coquitlam, British Columbia – Newsfile Corp. – June 22, 2023 – Greenbriar Capital Corp. (TSV: GRB) (OTC Pink: GEBRF) (“Greenbriar or “the Company“) announces that it intends to issue a CDN $1.0 million unsecured convertible debenture (the “Debenture“) to an investor (the “Debenture Holder“). The Debenture will bear interest at 12% per annum, calculated and paid quarterly commencing on the date of issuance and will mature thirty-six (36) months from the date of issuance (the “Maturity Date“).

The Debenture Holder will have the right, from time to time and at any time on or prior to 5:00 p.m. (Pacific Time) on the Maturity Date, to convert all or any portion of the outstanding principal amount of the Debenture (“Principal Amount“) into common shares of the Company, at a price of $1.25 per common share subject to adjustment pursuant to the terms of the Debenture.

As part of the proposed Debenture financing, the Debenture Holder will be issued 460,000 warrants, where the Debenture Holder will have the right, from time to time and at any time on or prior to 5:00 p.m. (Pacific Time) on the Maturity Date, to convert all or any portion of the Principal Amount into common shares of the Company, at a price of $1.30 per common share subject to adjustment pursuant to the terms of the Debenture.

The Debenture is subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation. The Company expects to use the gross proceeds from the Debenture for Sage Ranch and general working capital purposes.

Closing of the Debenture is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including the TSX Venture Exchange. The future issuance of common shares upon conversion of the Debenture, if any, are subject to the final acceptance of the TSX Venture Exchange.

All references to currency are in Canadian dollars.

Joint Venture Agreement with Captiva Verde Wellness Corp

Greenbriar and Captiva Verde Wellness Corp. (“Captiva”) have tentatively agreed on a settlement of the Sage Ranch option and joint venture agreement (“Option and Joint Venture Agreement”). Pursuant to the terms of the Option and Joint Venture Agreement, Captiva would earn a 50% net profits interest in Sage Ranch by:

  1. Captiva paying Greenbriar a cash payment of $112,500 (the “Cash Payment”) (Captiva satisfied this payment in 2018 under the terms of the previous Sale Agreement);
  2. Captiva issuing Greenbriar common shares (the “Share Payment”) (Captiva satisfied this payment in 2018 through the issuance of 10,687,500 common shares under the terms of the previous Sale Agreement); and
  3. Captiva funding the applicable permitting and development costs for the Sage Ranch Project (Captiva is in default on such funding obligations as no funding has been provided since November 2021).

Greenbriar and Captiva have agreed that Greenbriar will pay Captiva 10% of Sage Ranch’s net profits per year until the CDN $5,591,588 that Captiva has spent on the property is repaid. Subsequent to the amount being repaid, Captiva will no longer have any further net profits interest in and to the Sage Ranch project.

About Greenbriar Capital Corp:
Greenbriar is a leading ESG Alternative Asset developer of renewable energy and sustainable real estate. With long-term, high impact, contracted sales agreements in key project locations and led by a successful, industry-recognized operating and development team, Greenbriar targets deep valued assets directed at accretive shareholder value.

ON BEHALF OF THE BOARD OF DIRECTORS
Jeffrey J. Ciachurski
Chief Executive Officer and Director
Phone: 949.903-5906
Fax: 604-608-9572
www.greenbriarcapitalcorp.ca

The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this release. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release may contain forward-looking statements. All statements, other than statements of historical fact, constitute “forward-looking statements” and include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including the Company’s strategy, plans or future financial or operating performance and other statements that express management’s expectations or estimates of future performance.

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

Oasys Welcomes Frontier Development Strategy Inc. (a subsidiary of NTT DOCOMO) as a Validator to Enhance the Oasys Chain

SINGAPORE Media OutReach – 23 June 2023 – Oasys, a gaming-optimised blockchain, is pleased to announce the integration of Frontier Development Strategy Inc.(a subsidiary of NTT DOCOMO) as a validator for the Oasys Chain. This strategic collaboration marks a significant milestone in Oasys’ growth and the advancement of the Web3 gaming ecosystem we are building.

Oasys has gained recognition for its pioneering approach to blockchain gaming, offering enhanced security, transparency, and ownership of in-game assets. On November 8, 2022, NTT Docomo shared a new initiative regarding Web3 during its fiscal second quarter earnings announcement for the 2022 fiscal year. As part of this initiative, a new subsidiary will participate as a validator for Oasys. Going forward, both companies will collaborate to promote various Web3-related services.

Oasys has witnessed substantial progress since including 21 initial validators and the subsequent participation from industry giants such as SoftBank, KDDI, Nexon, and MIXI. New Territory Planning Corporation’s integration as a validator in the third group amplifies Oasys’ commitment to network stability and ecosystem expansion.Hashtag: #oasys

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

About Oasys

Oasys was established in February 2022 to increase mainstream play-and-earn adoption, and at launch, committed to partnering with 25 gaming and Web3 tech companies to act as validators, such as Bandai Namco Research, SEGA, Ubisoft and Yield Guild Games. Led by a team of blockchain experts and joining forces with the biggest gaming company names to serve as the initial validators, Oasys is revolutionising the gaming industry with its Proof-of-Stake (PoS) based blockchain.

With a focus on creating an ecosystem for gamers and developers to distribute and develop blockchain-based games, Oasys solves the problems game developers face when building games on the blockchain. The trifecta approach of the fastest network powered by the gaming community, a scalable network powered by AAA game developers and the blockchain offering the best user experience with fast transactions and zero gas fees for users, readies participants to enter the Oasys and play.

More information on Oasys is available at:
Website:
Twitter:
Discord:

Terraoil Announces Annual General Meeting

Date Set for the Annual General Meeting for Fiscal Year 2022

Steinhausen, Switzerland – EQS Newswire – 23 June 2023 – Terraoil Swiss AG (“Company”), an energy company with a strong focus on the Mediterranean is pleased to announce that the Annual General Meeting for fiscal year 2022 has been scheduled.

The invitation for the meeting, to be held in Zug on July 13, 2023, was mailed to all registered shareholders on June 21, 2023.

Chief Executive Officer, Peter Krempin commented:

“We are excited to meet again with our shareholders to bring them up to date on the exciting developments, including a key investment by a corner stone investor which provides security for the long term success of the Company and the upcoming plans for restructuring, securing additional investment and implementing the next steps.”

If you are an Terraoil shareholder and would like additional information, contact Peter Krempin either via email investors@terraoil.swiss or by telephone at +41 71 544 01 20.

Hashtag: #terraoil

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

About Terraoil Swiss AG

Terraoil is an international energy company with a focus to identify and advance business opportunities in the upstream oil and gas and renewable energy sectors in the Mediterranean region.

https://terraoil.swiss

Terraoil forward-looking statements

This media release serves informational purposes and constitutes neither an offer to sell nor a solicitation or an advertisement to buy any shares of Terraoil Swiss AG in any jurisdiction. This media release does not constitute a prospectus within the meaning of Article 35 et seqq. of the Swiss Federal Act on Financial Services. In addition, investors should seek advice from their bank or their financial adviser. This media release and the information contained therein are not being issued for the purpose of selling shares in the United States of America, Australia, Canada, Japan, the United Kingdom, or the European Economic Area and must not be distributed within or to such countries or via publications with a general circulation in such countries.

This media release contains forward-looking statements such as projections, forecasts, and estimates. Such forward-looking statements are subject to certain risks and uncertainties which may cause actual results, performance, or events to differ materially from those anticipated in this media release. Readers should therefore not rely on these forward-looking statements. The forward-looking statements contained in this media release are based on the views and assumptions of Terraoil Swiss AG as of this date and Terraoil Swiss AG does not assume any obligation to update or revise this media release.

Alibaba Cloud’s Energy Expert Helps Analyze Carbon Footprint for The First Olympic Esports Week

AI-driven carbon measurement and fan engagement tools trialed at Olympic Esports Week

SINGAPORE – Media OutReach – 22 June 2023 – Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, today announced that its AI-driven sustainability solution – Energy Expert – has been trialed to measure and analyze carbon emissions from temporary construction built to host the first Olympic Esports Week, generating data-driven insights on the choice of materials and equipment. The tool has been deployed through Alibaba Cloud’s partnership with the International Olympic Committee (IOC).

Alibaba Cloud deployed its proven carbon measurement tool, Energy Expert, to measure and analyze the carbon emissions of the event’s temporary construction. A series of metrics including the impact of energy consumption, waste management, signage and decoration were assessed. This software-as-a-service tool was used by the Local Organizing Committee to compare the relative impacts of several types of materials and equipment.

Leveraging the latest tech-driven sustainability solution, Energy Expert allows event organizers to identify the sources of the carbon emissions from venue construction and operation, quantify the carbon footprint generated by a venue and visualize a venue’s sustainability performance via an integrated dashboard and online reports.

According to Alibaba Cloud’s Energy Expert, the carbon footprint of temporary construction for the Olympic Esports Week 2023 is estimated at 274 tons CO2e, after replacing 60% of printed signage with digital alternatives which led to 14 tons CO2e of carbon dioxide emissions reductions, as well as reusing 50% of carpets after the event that would slash emissions further by 10 tons CO2e.

“We are always looking for ways to reduce our impact on the environment, and we’re pleased to work with Alibaba Cloud to apply cutting-edge technologies to measure carbon emissions so we can continue to make a difference,” said Vincent Pereira, Head of Virtual Sport of IOC Sports Department.

“We have been supporting the IOC’s digital transformation of the Olympics since Tokyo 2020, and it has been an honour to be part of this latest, historic milestone for virtual sport. Sustainability is one of the priorities for our sports innovation roadmap. As the sports industry continues to evolve, we’re passionate about providing organizations with timely data, actionable insights and energy-saving recommendations that make positive and tangible impacts,” said Selina Yuan, President of International Business, Alibaba Cloud Intelligence.

The first Olympic Esports Week marks the latest step in the collaboration between the IOC and Alibaba on digital transformation – following the success of developing sports innovations for Tokyo 2020 and Beijing 2022 – and is Alibaba’s first large-scale international project to tackle carbon emissions within the esports industry.

The esports industry has a growing environmental impact as the sport becomes more mainstream. Industry analysis estimates that in 2022 a single esports team could create as much as 100 tonnes of CO2 emissions [1]. Individual consumption is also growing as 40% of the global population (three billion people) now play video games, according to industry analyst firm DFC Intelligence, meaning that there’s a significant impact to be addressed.

Besides the carbon measurement of temporary construction, to draw public attention on the importance of reducing carbon footprints, Alibaba Cloud’s web application for Olympic Esports Week, invites the public to take photos of items around them (such as keyboards and headsets) to help understand the carbon footprint of each item and actions that can be taken to reduce this footprint, such as increasing the lifetime of digital equipment or buying second hand equipment. This is achieved through integrating Alibaba Cloud’s AI technologies with traditional emission datasets. Participants can also pledge to take carbon reduction actions in their daily life, such as bringing their e-waste to dedicated collection points for recycling. Participants agreeing to the pledge can earn points on the app, with an aim to earn a Sustainability Champion badge, as part of the web application.

The inaugural Olympic Esports Week, taking place at Suntec Singapore Convention & Exhibition Centre, features the best of virtual sports, including esports competitions, exhibition matches, exhibitions of the latest innovations, as well as a series of panel discussions and education sessions organized by IOC. The festival also played host to the Olympic Esports Series finals, which was the culmination of this year’s Olympic Esports Series which saw top Olympic Esports athletes from around the world competing in ten disciplines for a gold medal.

As a global leading cloud infrastructure provider, Alibaba Cloud is committed to helping organizations slash carbon emissions with emerging technologies such as intelligence computing and AI technologies. Leading the forefront of this notion, Alibaba Cloud strives to achieve Scope 1, 2 and 3 carbon neutrality and commits to powering its cloud computing with 100% clean energy by 2030.

Hashtag: #AlibabaCloud #esports #olympicesportsweek #ioc

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

About Alibaba Cloud

Established in 2009, Alibaba Cloud (www.alibabacloud.com) is the digital technology and intelligence backbone of Alibaba Group. It offers a complete suite of cloud services to customers worldwide, including elastic computing, database, storage, network virtualization services, large-scale computing, security, management and application services, big data analytics, a machine learning platform and IoT services. Alibaba maintained its position as the third leading public cloud IaaS service provider globally since 2018, according to IDC. Alibaba is the world’s third leading and Asia Pacific’s leading IaaS provider by revenue in U.S. dollars since 2018, according to Gartner.