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South, Central Laos to Experience Hot Weather Starting This Week

Hot Weather to Begin Hitting South, Central Laos This Week
This image is used only for representational purpose (photo: Hannaone.com)

Laos will experience hotter weather this week, particularly in the south and center of the country, while the north will remain cool, according to the Department of Meteorology and Hydrology.

Vetter Strengthens Worldwide Commitment to Sustainable Business Practices

CDMO joins United Nations Global Compact

  • Globally, Vetter is one of over 300 companies in the pharma and biotech industry that have signed the UN Global Compact
  • Membership drives expansion of ecologically and socially responsible supply chains and sustainable business processes in the biopharma industry
  • Internationally operating CDMO expands sustainability activities onto a global level

RAVENSBURG, GERMANY – Media OutReach – 9 March 2023 – Vetter has recently become a participant of the UN Global Compact Network (UN GC). The globally operating Contract Development and Manufacturing Organization (CDMO) is one of the pioneers in the industry regarding responsible, sustainable, and transparent business practices. To date, only 308 biopharmaceutical companies worldwide have signed the UN Global Compact. By joining, Vetter commits itself to aligning and documenting its corporate actions to the ten defined principles. Their focus is on the enforcement and implementation of human and employee rights, environmental protection, and the prevention of corruption.

© Vetter Pharma International GmbH: Vetter has been pursuing an ambitious sustainability strategy for years.

© Vetter Pharma International GmbH: Vetter has been pursuing an ambitious sustainability strategy for years.

Henryk Badack, Senior Vice President Technical Service and Internal Project Management is responsible for all global sustainability activities at Vetter. He explains: “We have already been pursuing a very ambitious sustainability strategy for years. By committing to the goals of the UN Global Compact, we are reaching the next level and are further expanding our initiatives to a global level.”

© United Nations: More than 15,000 companies and 3,000 non-profit organizations have signed to date.

© United Nations: More than 15,000 companies and 3,000 non-profit organizations have signed to date.

As a participant, Vetter gains access to the large network of companies and organizations that are committed to the same corporate goals. This includes much more than CO2 reduction. The initiative sees itself as an open forum to initiate change processes and share ideas and best practice concepts. In national networks, participants develop concrete approaches to solutions and thus contribute to the overarching vision of the UN Global Compact. Vetter will submit an annual progress report. The publicly viewable document (Communication of Progress, COP) serves as important evidence of transparency and accountability.

“As a family-owned business in the healthcare sector, we bear great responsibility,” says Henryk Badack. “And we believe in the power of cooperation. The UN Global Compact combines these two approaches very well and is also a strong commitment to shared values and goals across business sectors and national borders.”

With its own comprehensive initiatives, Vetter also simultaneously supports its customers and partners in their sustainable supply chain. Together, the companies achieve a responsible flow of goods and sustainable business processes in the biopharmaceutical industry.

Launched in 2000, the UN Global Compact is the largest corporate initiative on sustainable business worldwide. More than 15,000 companies and 3,000 non-profit organizations from over 160 countries have signed the initiative to date. Further information on the UN Global Compact Network: http://www.unglobalcompact.org

Find the Vetter press kit and more background information here.

Hashtag: #Vetter

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

About Vetter

Headquartered in Ravensburg, Germany, Vetter is a family-owned, global leading contract development and manufacturing organization (CDMO) with production facilities in Germany, Austria and the United States. Currently employing more than 5,900 individuals worldwide, the company has long-term experience in supporting biotechnology and pharmaceutical customers both large and small. Vetter services range from early-stage development support including clinical manufacturing, to commercial supply and numerous packaging solutions for vials, syringes and cartridges. As a leading solution provider, Vetter appreciates its responsibility to support the needs of its customers by developing devices that contribute to increased patient safety, convenience, and enhanced compliance. Great importance is also given to social responsibility including environmental protection and sustainability. Learn more about Vetter at .

Bybit Launches Unified Trading Fest: Unlock $700K Prize Pool and Optimize Trades

DUBAI, UNITED ARAB EMIRATES – Media OutReach – 8 March 2023 – Bybit, the world’s third most visited crypto exchange, is proud to announce the launch of its first Unified Trading Fest competition. With over $700,000 in rewards up for grabs, this is an event for all Bybit traders. The 2-week-long competition starts on March 8th and ends on March 25th.

The competition offers a unique trading experience, allowing users to optimize their trades with Bybit’s new unified trading account (UTA). The UTA allows traders to manage their positions across both spot and derivatives trading with one single account. During the competition, users will be ranked based on their total trading volume during the two-week period.

Bybit has claimed the no. 2 spot in futures and perpetuals trading several times this year with daily trading volume totaling tens of billions of dollars thanks to its deep liquidity and split-second trading engine. Indeed, Bybit recorded its highest-ever market share in crypto derivative markets at 14.6% in January 2023.

The event is open to all users trading either spot (excluding USDC/USDT, BUSD/USDT, DAI/USDT, WBTC/BTC, and all USDC Spot pairs) or derivatives (USDC and USDT contracts). To qualify for rewards, traders must hit a total trading volume of at least $1,000 during the two weeks. And those who upgrade to UTA and hit a minimum trading volume of $10,000 on perpetual contracts will be eligible for an extra 50,000 USDC prize pool.

The higher a trader’s total volume is, the better their rank on the leaderboard, and the more rewards get unlocked. The prize pool for this competition includes both ranking prizes as well as random draw prizes for top participants who meet certain criteria, so there are multiple chances to win.

Bybit’s UTA is an all-in-one upgrade optimized for seamless and strategic trading. It enables users to trade across instruments such as spot, futures, perpetuals, and options all from one account. Also offering a clear and comprehensive view of risk and margin across positions, Bybit’s UTA supports over 60 asset types for cross-margin trading and unrealized profits can be used to open new positions for utmost flexibility and capital efficiency.

“Bybit is all about delivering next-level opportunities,” said Ben Zhou, co-founder and CEO of Bybit. “We have built an incredible product with our UTA and to celebrate its successful launch, I encourage all traders to come and see for themselves the benefits of trading with Bybit’s UTA and capture their share of this fantastic prize pool.”

Hashtag: #Bybit #TheCryptoArk #NextLevelOpportunities

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

About Bybit

Bybit is a cryptocurrency exchange established in 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions, the Oracle Red Bull Racing team, esports teams NAVI, Astralis, Alliance, Made in Brazil (MIBR), and Oracle Red Bull Racing Esports, and association football (soccer) team Borussia Dortmund.

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Sennheiser Digital 6000 wireless system shines bright during Rihanna’s Super Bowl LVII halftime performance

In her first live performance in seven years, the star used a Sennheiser microphone in the face of a harsh RF environment

PHOENIX, US – Media OutReach – 8 March 2023 – Rihanna delivered the second-most watched halftime show in Super Bowl history on Sunday, exceeding the average viewership of the Philadelphia Eagles and Kansas City Chiefs football match by 5 million, according to data from Fox. The highly anticipated performance was driven by Sennheiser’s Digital 6000 wireless microphone system and a custom chrome SKM 6000 transmitter with an MD 9235 dynamic cardioid microphone capsule. The choice to go with the Sennheiser wireless system may seem like a minor detail, but the sonic integrity of the performance hung in the balance as the State Farm Arena in the greater Phoenix area is technically one of the most challenging environments for coordinating wireless frequencies.

(Photo Credit: imago)
(Photo Credit: imago)

There were over 2000 frequencies coordinated in Phoenix over the Super Bowl weekend as dozens of simultaneous events took place in the area, including the 2023 NFL Honors Awards, various VIP events, outdoor concerts and more. With this, and the ever-shrinking spectrum available for wireless microphone operators, the audio engineers and frequency coordinators for this year’s broadcast had their work cut out for them.

(Photo Credit: imago)
(Photo Credit: imago)

“Phoenix is a challenging city because it is the only one that officially does not have a vacant UHF TV channel. They are all allocated for broadcast, so there is very little spectrum available for wireless mics,” says Joe Ciaudelli, Director of Spectrum & Innovation at Sennheiser, “to make matters more complicated, although it is an indoor stadium with a retractable roof, the State Farm Arena does not provide much shielding from outside RF signals, making it vulnerable to interference.” Ciaudelli is an industry veteran and international expert on spectrum and wireless system operations. He contributed the chapter on wireless microphones to the Audio Engineering Society (AES) Handbook and is a private sector adviser in the U.S. delegation to the International Telecommunications Union (ITU), the United Nations’ specialized agency on information and communications.

Sennheiser's Director of Spectrum & Innovation, Joe Ciaudelli is an international expert on spectrum and wireless system operations. (Photo Credit: Joe Ciaudelli)
Sennheiser’s Director of Spectrum & Innovation, Joe Ciaudelli is an international expert on spectrum and wireless system operations. (Photo Credit: Joe Ciaudelli)

The location and circumstances made the already high-stakes Super Bowl halftime show that much more exacting for the audio professionals involved. “Thanks to their resourcefulness and diligent planning, the audio engineers and NFL frequency coordinators were able to combat the harsh RF environment this year by leveraging Special Temporary Authorizations (STA) via the FCC, along with some other workarounds,” recounts Ciaudelli. An STA gives licensed wireless microphone operators temporary access to frequency bands that are not permitted for wireless mics. The engineers also leveraged channels occupied by low power or distant TV stations and used clever placement of directional antennas to further attenuate these unwanted TV signals, before being picked up by the wireless microphone receivers. Without this planning and resourcefulness, the entire broadcast, including Rihanna’s performance, would have been at risk of audio dropouts and interference – a massive potential faux pas for her long-awaited showing.

Beyond safeguarding the wireless signal via the STA and directional antennas, the audio team had to be thoughtful with the choice of the wireless microphone system for Rihanna. Not only to ensure her vocals sounded as remarkable as the last time she performed live all those years ago, but also to combat the tough RF environment and establish a reliable wireless connection. Her MD 9235 microphone capsule offered sparkle on her vocals, while the Digital 6000 did the rest. Ciaudelli shares, “not only is the Digital 6000 with the MD 9235 capsule a great sounding microphone, but it also has such good intermodulation suppression and a clean RF signal. This is one tool that would work in an environment where all others might fail – it is a marvel of engineering from both the RF and audio standpoints. I am not surprised that it was used by the star.”

Ciaudelli continues, “this year’s Super Bowl highlights the challenges of a lack of suitable available spectrum for wireless mics that has led STAs to be a tiresome staple at almost all professional sporting events today. Even though it is called a Special Temporary Authorization, it is becoming so routinely used that they might as well start calling them Standard Temporary Authorizations.” As professional sporting events become more multifaceted and the wireless audio and video channel counts increase, the challenges of the spectrum crunch will only get more difficult to navigate.
Hashtag: #Sennheiser #SuperBowl #Digital6000 #D6000 #halftimeshow

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

About the Sennheiser Group

Building the future of audio and creating unique sound experiences for our customers – this is the aspiration that unites the employees of the Sennheiser Group worldwide. The independent family-owned company Sennheiser was founded in 1945. Today, it is managed in the third generation by Dr. Andreas Sennheiser and Daniel Sennheiser, and is one of the leading manufacturers in the field of professional audio technology. Within the Sennheiser Group are Georg Neumann GmbH (Berlin, Germany), manufacturer of studio-grade audio equipment; Dear Reality GmbH (Düsseldorf, Germany), known for its binaural, Ambisonics, and multichannel encoders with realistic room virtualization; and Merging Technologies SA (Puidoux, Switzerland), specialist in high-resolution digital audio recording systems.

Fun Japan Communications starts offering all exclusive official goods developed in collaboration with animated TV series Tokyo Revengers through FUN! JAPAN SELECT SHOP, cross-border e-commerce website for consumers in Asia, for first time!

TOKYO, JAPAN – Media OutReach – 8 March 2023 – JTB group company Fun Japan Communications, Ltd., operator of FUN! JAPAN, one of Asia’s largest community websites for “Japan fans” (4.65 million Facebook fans, 1.28 million website subscribers as of January 2023), under the mission to “bridge between Japan and Asia,” starts offering fully original goods developed in collaboration with animated TV series Tokyo Revengers through FUN! JAPAN SELECT SHOP, the company’s cross-border e-commerce website for consumers in Asia!

All exclusive unique goods featuring Tokyo Revengers, the hottest and most bittersweet time travel thriller animated TV series, combined with Japan’s local manufacturing skills and specialties, will be available on made to order on our cross-border e-commerce website for consumers in Asia.

The keyword for this collaboration is ‘kizuna (bond).’ Just like various types of close ‘kizuna’ depicted in the animated TV show Tokyo Revengers, made-to-order products represent connections among people and between people and things beyond borders. Consumers can expect items such as a pair of matching special glasses that change color when filled with a liquid (from a manufacturer in Tajimi City, Gifu) and exclusive premium fruit juice made from locally grown fruits (from a manufacturer in Komoro City, Nagano). Illustrations of Takemichi Hanagaki, Manjiro Sano, Ken Ryuguji, Chifuyu Matsuno, Keisuke Baji, and other popular characters from the animated TV show Tokyo Revengers, and fruit juice inspired by these characters’ theme colors will be offered in a special box. These completely limited products will be available on made to order in early March 2023.

This special campaign will help people in Asia find ‘kizuna’ bond with Japan and rediscover attractive aspects of local communities in Japan through the animated TV series Tokyo Revengers. Stay tuned.

https://en.pinkoi.com/product/j7WjjERf
https://tokyo-revengers-craftsmanship.jp/zh

Product image download link:
https://tokyo-revengers-craftsmanship.jp/resources/complete%20set%20Takemichi_Hina.jpg
Hashtag: #FunJapan

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

Entertainment Expo returns: 8 events of film, TV, music and digital entertainment promote Hong Kong as centre for cultural exchange

HONG KONG SAR – Media OutReach – 8 March 2023 – The 19th Entertainment Expo Hong Kong is being held from 2 March to 16 April, showcasing the many facets of film, TV, music and digital entertainment. This year’s Expo will feature eight exciting industry events during the month-long entertainment extravaganza.

FILMART is Asia’s largest cross-media and cross-industry entertainment content trade expo. This year’s 27th edition has attracted 700 exhibitors from more than 25 countries and regions.

The Entertainment Expo has been held since 2005 with the Hong Kong Trade Development Council as the overall facilitator and in cooperation with different entertainment bodies. It is fully supported by the Create Hong Kong’s Film Development Fund. Mr Leon Lai continues to serve as the Hong Kong Entertainment Ambassador.

The Expo’s kick-off ceremony will take place on 13 March, the first day of the HKTDC Hong Kong International Film and TV Market (FILMART), at the Hong Kong Convention and Exhibition Centre, gathering Hong Kong and global entertainment industry heavyweights.

HKTDC Hong Kong International Film and TV Market (FILMART), 13-16 March
FILMART is Asia’s largest cross-media and cross-industry entertainment content trade expo. This year’s 27th edition, held at the Hong Kong Convention and Exhibition Centre (HKCEC), has attracted 700 exhibitors from more than 25 countries and regions. In addition to Hong Kong’s major film and television companies, more than 20 pavilions from, Japan, Mainland China, South Korea, Taiwan, Thailand, Italy, the United States and more are featured at FILMART.

There will be a record-breaking number of Mainland Chinese exhibitors. Participating mainland provinces include Beijing, Fujian, Guangdong, Hunan, Jiangsu, Shaanxi, Shandong, Shanghai and more. Additionally, the three major Mainland streaming platforms iQIYI, Tencent and Youku as well as renowned content producers and distributors, such as Zhejiang Huace Film & TV, Daylight Entertainment, Fantawild, Beijing Yiding Legend Culture Co., Ltd, Linmon Media, and more, will showcase their work.

Furthermore, local filmmakers, including Edko Films, Emperor Motion Pictures, Golden Scene, Mandarin, Media Asia, One Cool Pictures, PCCW Media, Universal Films and more, will release and introduce their films.

Aside from the exhibition, FILMART features a series of events, such as press conferences, showcases, summits, seminars, market screenings and more, enabling participants from around the world to exchange ideas and build connections.

EntertainmentPulse, 13-16 March
EntertainmentPulse, the concurrent conference series of FILMART, will feature leading industry speakers who will discuss a variety of topics, including the hype behind dating and romance reality shows, application of Web3 in entertainment industry and Chinese donghua as soft power. Speakers include Jiang De Fu, COO of Bona Film Group, whose 2021 release The Battle at Lake Changjin grossed in excess of RMB 5.7 billion and became the highest grossing film in Mainland China. Other speakers include Hou Hong Liang, President and Producer of Daylight Entertainment, which curated famous drama series, such as Nirvana in Fire and The Story of Ming Lan, and Sebastian Kim, Director of International Content Sales and Acquisition, CJ ENM from Korea, who has successfully promoted tvN’s popular Korean dramas, such as 25, 21 in 2022 that became a popular drama globally through online streaming.

Moreover, EntertainmentPulse also welcomes Sanmesh Thakur, Executive Vice President and Territory Head – APAC of ZEE Entertainment and Ziraviss Vindhanapisuth, Vice President of International Business from BEC World, to explore the future of the Asian entertainment market.

Hong Kong International Film Festival (HKIFF), 30 March-10 April
Founded in 1976, HKIFF is the oldest film festival in Asia and the largest cultural event in Hong Kong. This year, the festival will be held in both physical and online format, with Golden Horse and Golden Statue winner Aaron Kwok as the festival’s ambassador.

To commemorate the passing of the godfather of France’s New Wave cinema, Jean-Luc Godard, this year’s HKIFF presents a retrospective of eight of his films with his ex-wife and muse Hanne Karin Bayer. The films include The Little Soldier (1963), on which the two collaborated for the first time, A Women Is a Women (1961) , for which Hanne received the Silver Bear Award for Best Actress at the Berlin Film Festival, and To Live Her Life (1962) , for which Jean-Luc won the Venice Film Festival’s Grand Jury Prize.

The Hong Kong Film Awards (HKFA), 16 April
Entering its 41st year, the HKFA ceremony will be held at the Grand Theatre of Hong Kong Cultural Centre. Gathering the hottest actors, directors and celebrities from around the world, the event will crown winners in 19 categories, including the Professional Achievement Award and Lifetime Achievement Award.

ifva Festival, 2-11 March
Organised by the Hong Kong Arts Centre, ifva has established itself as Asia’s leading force in short film, animation and media arts, providing a platform for Hong Kong and Asian creative talents to promote their work. The 28th ifva Festival kicked off on 2 March with the opening of media arts exhibition CINEMA 2.0: Illuminating Vacuum, alongside works of finalists of the ifva Awards Media Art category. Programmes include All About Us student creative film showcase, pop-up VR cinema, conversations on VR and media arts exhibition Wend a Way by Lau Ching-wa Jess. The ifva Awards winners will be announced on 11 March at the awards presentation ceremony.

Asian Film Awards (AFA), 12 March
After being held in Busan, South Korea for the past two editions, AFA returns to Hong Kong for its 16th edition, with support from Create Hong Kong and Film Development Fund at Hong Kong Palace Museum. This year, the Academy has put together a star-studded guest list of nominees and presenters. They include internationally renowned filmmakers Zhang Yimou, Kore-eda Hirokazu, Hamaguchi Ryusuke, Lav Diaz, Darezhan Omirbaev, Peter Chan and Anthony Chen; star actors Sammo Hung, Abe Hiroshi, Carina Lau, Do Do Cheng, Sandra Ng, Nishijima Hidetoshi, Park Hae-il, Suzuki Ryohei, Zhang Yi, Happy Salma, Ji Chang-wook and Chrissie Chau. The best and brightest of the Asian film industry will gather in Hong Kong to witness this grand event.

Hong Kong – Asia Film Financing Forum (HAF), 13-15 March
A major financing platform in Asia, HAF connects filmmakers, investors, producers and distributors. Many well-known industry talents have previously participated in the forum, including Jia Zhangke, Jiang Wen, Lu Chuan and Ning Hao from Mainland China, Peter Chan Ho Sun, Stanley Kwan Kam Pang, Ann Hui On Wah, Fruit Chan and Pang Ho Cheung from Hong Kong, Tsai Ming Liang, Wei Te Sheng, Chung Mong Hong and Leon Dai from Taiwan, Kore-eda Hirokazu, Kurosawa Kiyoshi, Kawase Naomi and Iwai Shunji from Japan, Park Chan Wook, Kim Jee Woon, Bong Joon Ho and Im Sang Soo from Korea, as well as Apichatpong Weerasethakul, Ekachai Uekrongtham, Nonzee Nimibutr and Pen-ek Ratanaruang from Thailand.

The 21st HAF selected 28 in-development projects (IDP) and 15 work-in-progress projects (WIP) from 350 submissions from 38 countries and regions, covering a variety of genres, including comedy, horror, fantasy, romance, suspense, drama and animation. Alongside projects from acclaimed filmmakers and producers, such as Arsalan Amiri, Anthony Chen, Fruit Chan, Stanley Kwan, Teddy Robin, Lin Yu Hsien, Tian Zhuangzhuang, Nai An, Jakrawal Nilthamrong, Nader Saeivar as well as venerable festival director Marco Müller as producer. 22 directors are making their feature debut and 10 film projects from Hong Kong are among the highlights.

Digital Entertainment Summit, 15 March
Together with the Hong Kong Digital Entertainment Association, the HKTDC hosts the 13th Digital Entertainment Summit, with this year’s theme being Uncovering the Application of Web3 in Entertainment Industry. Evan Auyang, Group President of Animoca Brands, Jenefer Brown, EVP and Head of Global Products & Experiences of Lionsgate, Lucas Cheung, Managing Partner of Gusto Collective, and Jaeson Ma, Co-Founder & CEO of OP3N, will share how technologies change the future of entertainment industry.

Hashtag: #HKTDC

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

About the HKTDC

Established in 1966, the Hong Kong Trade Development Council (HKTDC) is a statutory body dedicated to creating opportunities for Hong Kong’s businesses. With 50 globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a platform for doing business with the mainland, Asia and the world. With more than 50 years of experience, the HKTDC organises and to provide companies, particularly SMEs, with business opportunities in the mainland and international markets, while providing business insights and information via , and including the . For more information, please visit: . Follow us on @hktdc

HKTDC Media Room:

Growth in Asia will lose pace in 2023, only to pick up next year

HONG KONG SAR – Media OutReach – 8 March 2023 – Atradius, a global trade insurance leader, has today released its 2023 Regional Economic Outlook report, setting out growth forecasts for key economies in Asia, including the outlook for a newly reopened China, and offering a long-term view on the risks of geo-economic fragmentation resulting from ongoing supply chain reconfigurations and geopolitical tensions.

Please find below the key takeaways from Bert Burger, Principal Economist, Atradius, and the full report is available for download here.

Overall Asia macro-economic outlook:

  • Asian economies are on course for modest growth this year as they try to shake off the negative effects of tighter financial conditions, inflation, a weak global economic environment and geopolitical tensions.

  • Except for China and Thailand, most economies in Asia will likely see lower real GDP growth this year than in 2022. However, as the aforementioned headwinds weaken over the coming months and the impact of China’s reopening cascades through the region, the recovery is expected to pick up momentum in 2024.

Major Asian economies’ performance: a mixed bag

  • For China, weak export demand from developed economies and a struggling real estate sector will counterbalance the benefits of reopening and supportive fiscal and monetary policies — capping growth at no higher than 4.5% this year compared to 3% in 2022. Over the long run, structural issues such as an ageing population, low productivity growth, human capital mismatch, supply chain shifts and geopolitical rivalry may limit China’s growth, risking a middle-income trap.
  • India is set to be the fastest-growing economy in Asia this year and next, expanding at 4.8% and 6.8%, respectively. The country’s relatively strong performance is underpinned by a less severe surge in inflation, a strong domestic economy that is offsetting decline in external demand, and improving overall business environment, which is attracting international investments.
  • In Japan and South Korea – growth will be muted this year at 0.7% and 0.8%, respectively – as high inflation dents their recovery. High household debt in South Korea has kept a lid on consumer spending after recent rate hikes. Meanwhile, pent-up demand in Japan will partly compensate for inflation, supporting the recovery in domestic consumption to continue but at a slower rate than last year.

ASEAN-5[1] more resilient than ever:

  • With their increasingly robust economies and financial systems, the five largest emerging markets in Southeast Asia known as ASEAN-5 have remained resilient against recent external shocks, making them more likely to benefit from the global supply chain diversification trend.
  • The Philippines is poised to grow the fastest at 4.1%, followed by Thailand (4%) and Vietnam (4%). Thailand’s resurgence as a preferred holiday destination will boost tourism revenues and push growth to 4% compared to 2.6% in 2022. Indonesia will be a laggard, growing at 3.6% before seeing a surge in growth to 5.5% in 2024, as private investments benefit from a new law.

Emerging risk of geo-economic fragmentation:

  • While the diversification of supply chains, triggered by the Covid-19 pandemic and geopolitical tensions between the US and China, has benefited countries like India, Vietnam, Malaysia and Thailand, a broadening of this trend may risk a sharp geo-economic fragmentation of financial and trade flows.

  • Russia’s invasion of Ukraine and ensuing sanctions on the country have already led to increased uncertainty around future trade relations. The potential consequences of a fragmentation scenario – reduced investments, jobs and growth are expected to result in large economic losses for Asia due to its central role in global manufacturing.


[1] ASEAN-5 consists of Indonesia, Malaysia, the Philippines, Thailand and Vietnam. Together with five other states, they form ASEAN or the Association of Southeast Asian Nations.

Hashtag: #economicoutlook #atradius #Asia #Asiaeconomy #economicgrowth #globaltrade

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

About Atradius

Atradius is a global provider of credit insurance, surety and collection services, with a strategic presence in over 50 countries. The credit insurance, bond and collection products offered by Atradius protect companies around the world against the default risks associated with selling goods and services on credit. Atradius is a member of Grupo Catalana Occidente (GCO.MC), one of the largest insurers in Spain and one of the largest credit insurers in the world. You can find more information online at

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Frost & Sullivan Positions NEC as the Market Leader in the Frost Radar(TM): Biometrics Authentication Solutions, 2022 Benchmark

Tokyo, Japan – Newsfile Corp. – March 7, 2023 – NEC Corporation (TSE: 6701) has been recognized by Frost & Sullivan as the leader in the Frost Radar™: Biometrics Authentication Solutions, 2022 benchmarking system, announced by NEC on February 17.

Cannot view this image? Visit: https://laotiantimes-com.laocdn.com/2023/03/157360_97019c16b4419990_001.jpg

FROST RADAR: Biometric Authentication Solutions, 2022

This is the second time in a row that NEC maintains its position as the market leader, reflecting NEC’s pivot toward biometric solutions, which are providing the company with significant growth opportunities.

Frost & Sullivan indicated that NEC achieved overall Growth and Innovation Leadership on the Frost Radar™ as the result of its ongoing innovations to its extensive portfolio.

In addition, the analyst firm appraised initiatives such as the NEC Group’s AI and Human Rights Principles, as well as the company’s thought leadership on decentralized identity and self-sovereign ID.

“With its ongoing leadership throughout the biometric solutions industry, NEC’s robust biometric authentication solution emphasizes how NEC’s ability to meet existing and new customer demands, empower end users to take control over their biometric data, and steer the biometric industry into the next phase of growth,” said Danielle VanZandt, Industry Manager, Commercial & Public Security Research, Frost & Sullivan.

“NEC’s biometrics solutions are known for their top-level accuracy, and based on the National Institute of Standards and Technology (NIST) benchmark test* held in 2022, NEC’s iris and face recognition technologies were both ranked first in the world,” said Masato Yoshikawa, Senior Director, Biometrics & Video Analytics Platform Department, NEC Corporation. “During 2023, NEC will take full advantage of these results and launch a scalable and expandable multimodal biometric solution that uses face and iris recognition technology, which will fully contribute to improving security and convenience simultaneously.”

Installed in more than 70 countries and regions worldwide, NEC is a global leader in the field of biometric authentication. Recently, NEC’s biometric technology has been selected for major national projects in Malaysia and Vietnam, contributing to the digitalization of existing government services.

Going forward, NEC will focus on utilizing its biometric authentication technology in new areas such as web3 and more.

Download the full report here:
https://www.nec.com/en/global/analyst-relations/2022biometricsaward/index.html

*NIST benchmark test results do not constitute endorsement of any particular product by the U.S. Government.

Contact Info:
info@honestmedia.com
www.honestmedia.com
1 (212)-256-0315

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

About NEC Corporation

NEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness, and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at .