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Laos Holds Training to Improve Services in Hospitality and Tourism Sectors

Training Course To Improve Hospitality and Tourism Sectors Commence
Individuals holding a certificate of completion upon finishing the training intiative.

The International Labor Organization (ILO) has implemented a workforce training program to help improve the labor competency of individuals working in the hospitality and tourism industry in Laos.

Laos to Install More Immigration Checkpoints at First Lao-Thai Friendship Bridge

Immigration control at Frist Lao-Thai Friendship Bridge.

The immigration authorities in Laos will construct a dozen more checkpoints before the Lao New Year next month at the First Lao-Thai Friendship Bridge.

Twig Learning Center Launches A New Innovative Chemistry Learning App

SINGAPORE – Media OutReach – 7 March 2023 – With an aim to provide engaging learning methods to Chemistry students in Singapore, Twig Learning Center is pleased to announce a newly launched application designed to aid students in their studies and revision. Currently, the online learning platform is limited for use to Twig Learning Center’s tuition classes, however it may have plans to expand to the public in the future.
This application features a comprehensive set of multiple-choice questions (MCQs), that includes a video solution, written solution, and the final answer. Students can now look forward to testing their knowledge and understanding of the topics covered in class, with the added benefit of an in-depth pre-recorded explanation for those who require further assistance.
In addition to the MCQs, the app also comes with a set of assignments allocated to each student. The assignments are developed and curated by Twig Learning Center’s team of experienced tutors. These assignments will help students in their revision process by providing them with an opportunity to practice and apply their knowledge effectively outside of the classroom.
As a testament to Twig Learning Center’s commitment to making Chemistry lessons accessible to all students, the tuition center has also recently set up a laboratory to facilitate practical activities. In the laboratory, students can participate in hands-on scientific demonstrations and experiments under the supervision of qualified tutors.
Established in 2008, Twig Learning Center was founded by Mr Donnell Koh, a former teacher at Raffles Junior College and Meridian Junior College (now Tampines Meridian Junior College). Twig Learning Center was established with the objective of demonstrating that chemistry tuition in Singapore can be effectively facilitated through the utilization of carefully devised teaching methods, resulting in a more engaging and easily understandable learning experience.
Its O Level Chemistry tuition, as well as A Level, IB, and IP Chemistry tuition, are all carried out by carefully selected tutors who are equally qualified. Through the introduction of this online learning app and laboratory, Twig Learning Center seeks to continue helping students achieve high scores in their Chemistry examinations.
For more information, please visit https://twig.sg/.

Hashtag: #TwigLearningCenter #Education

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

Vingroup Chairman Establishes Electric Vehicle Rental and Taxi Service Company

HANOI, VIETNAM – Media OutReach – 6 March 2023 – Vingroup Chairman Pham Nhat Vuong announced the establishment of the Green and Smart Mobility Joint Stock Company (GSM), an entity dedicated to using VinFast electric cars and scooters for rental and taxi services. GMS is the world’s first multi-platform green transport rental and taxi service aiming to popularize the experience of electrified mobility while advocating Green Lifestyle.

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With a charter capital of 3,000 billion VND (approximately $125.7 million), GSM was founded by Vingroup Chairman, Mr. Pham Nhat Vuong, who holds a 95% stake. The company will use VinFast electric vehicles and operate in the two sectors of vehicle rentals and electric taxi services.

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Specifically, GSM will offer electric car rental services for traditional and online taxi service providers and their employees. At the same time, GSM will also operate its own electric car taxi service. Vietnam’s first pure electric taxi firm is planned to commence its operation by next month in Hanoi and will expand nationwide in 2023.

All vehicles provided and used by GSM are VinFast electric vehicles. The initial investment scale is 10,000 cars and 100,000 motorbikes.

Mr. Nguyen Van Thanh, CEO of GSM JSC said: “GSM was established to further the development of the green and smart mobility ecosystem in Vietnam, providing people with more options to use electric vehicles at reasonable pricing.Whether it is just a few dozen minutes in a taxi or a few weeks or months of renting, customers will have the opportunity to experience the smart features and convenience of electric vehicles. In this way, we can accelerate the smart electric vehicle revolution faster and stronger in Vietnam.”

GSM aims to promote the usage of electric vehicles by raising awareness about the convenience, intelligence, and sustainability of electric vehicles. By offering direct driving experiences (with test drive customers) and opportunities to enjoy smart technology features and amenities in vehicles (rental customers, electric taxi passengers,…), GSM will introduce VinFast electric cars to the broader public and gradually establish the habit of using smart and environmentally friendly transport in the daily lives of Vietnamese people.

Hashtag: #Vingroup

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

JPEX Plans to Apply for Crypto Trading License with the Hong Kong Authorities

NEW SOUTH WALES, AUSTRALIA – Media OutReach – 6 March 2023 – The licensing system for virtual asset service providers in Hong Kong will be officially launched on June 1st this year. JPEX announced that it plans to apply for the latest crypto trading license given by the Special Administrative Region (SAR) Government in Hong Kong.

JPEX announced that it has plans to apply for the latest crypto trading license given by the Special Administrative Region (SAR) Government in Hong Kong. Some of the services JPEX will provide to customers in Hong Kong once the license has been granted include, but are not limited to spot trading, derivatives, and other crypto services such as staking.

SFC Launched a Consultation on Licensing

Hong Kong Securities and Futures Commission (SFC) announced a consultation On February 20 to solicit ideas from the market on “whether licensed platform operators should be permitted to provide services to retail investors” and “how to protect investors”. Under the new licensing system, which will come into effect on June 1, 2023, all centralized virtual asset trading platforms operating in Hong Kong or marketing to Hong Kong investors will need to be licensed by the SFC. And the consultation will end on March 31. JPEX hopes that the new policy direction will set a new milestone for the cryptocurrency industry.

Jpex Is Fully Prepared to Apply for Hong Kong Crypto Trading License

JPEX is now fully prepared to apply for Hong Kong crypto trading license, after previously giving up several times due to the Hong Kong government’s restrictions on the crypto industry.

Previously, the Hong Kong government only allowed users with a portfolio of at least HK$8 million (US$1 million) to trade in cryptocurrency investments. However, since Hong Kong is an international financial center, it should be open and accommodating to emerging financial services, including virtual asset services and new entrants to the global cryptocurrency industry, regardless of their assets. The impact of the previous policy has made it difficult for new users to participate in virtual asset trading.

JPEX said it will review related systems and controls to prepare for the new system, compliance with rules and regulations to ensure the application provides better service to customers.

With SFC finally changing its stance on cryptocurrencies which signifies the SAR government’s open and friendly attitude, JPEX will continue to collect information about licensing system. And it will also be holding extensive discussions with personnel in its legal department to advance the licensing process.
Hashtag: #JPEX

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

About JPEX

JPEX Digital Asset Bank holds the Canadian MSB Fintrac license, the U.S. FinCEN issued by the MSB financial license, Australia ASIC issued by the operating license, Lithuania cryptocurrency exchange and wallet operator registration license. JPEX users of crypto assets will be all deposited in the offline cold wallet. JPEX also provides each user with a financial insurance coverage plan, the protection limit of 75,000 USDT, and 90% claims coverage in accordance with international financial regulations, protecting each real-name authentication platform users.

Follow JPEX

Laos-China Railway Ticket Reservation App to Go Live This Month

Passengers aboard the Laos-China Railway (Photo: Teng)
Passengers aboard the Laos-China Railway (Photo: Teng)

The Laos-China Railway Company has announced that its long-awaited ticket reservation mobile application will go live from 15 March.

Welcome to the Future: Bybit Partners with Mastercard to Offer Crypto Payments Debit Card

DUBAI, UNITED ARAB EMIRATES – Media OutReach – 6 March 2023 – Bybit, the world’s third most visited crypto exchange, is proud to announce the launch of Bybit Card, a debit card powered by the Mastercard network, issued by Moorwand. This card will allow users to off-ramp crypto into the fiat world to make purchases or take out cash from ATMs with ease.

Bybit Card will enable users to skip intermediaries and other off-ramp providers and debit their crypto balances directly to pay for goods and services. It will be available for clients in eligible countries in Europe and the UK who have completed the necessary KYC and AML procedures.

Initially, Bybit Card will be available for a selection of blue-chip cryptocurrencies, namely, BTC, ETH, USDT, USDC, and XRP. Payment requests will automatically convert balances in these digital assets into EUR or GBP, depending on the client’s country of residence.

Bybit launched its free virtual card today allowing for online purchases, with a physical card planned to launch in April. The plastic cards will be mailed directly to clients and allow them access to ATM withdrawals as well as spending at merchants worldwide with spending limits aggregated across currencies held in their Bybit account.

“Bybit users will be able to access and manage their funds faster, more securely, and more conveniently,” said Ben Zhou, co-founder and CEO of Bybit. “By launching Bybit Card, we are creating a full 360-degree journey for our users, offering next level reliability, products, and opportunities. We are confident that these innovative payment solutions will improve people’s lives and are a step towards a brighter future for crypto and finance.”

Christian Rau, Senior Vice President, Fintech and Crypto, Mastercard Europe added “Mastercard enables customers, merchants and businesses to move digital value — traditional or crypto — however they want, with the confidence that they are doing so safely and securely. With launches like this, we’re excited to continue to innovate in payments by making digital assets more accessible across the ecosystem.”

Further information and resources

Hashtag: #Bybit #NextLevelPartnerships

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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KGI Asia launches KGI Asia Sage, a new Wealth Management Service

Reached US$1.5 billion in AUM in just two short months Expect it will grow by 100% within one to two years

HONG KONG SAR – Media OutReach – 6 March 2023 – KGI Asia officially launched “KGI Asia Sage”, a new wealth management service.

(From Left) Antony Kristanto, President Director, KGI Asia, Indonesia; Patrick Lin, Head of Global Markets, KGI Asia, Hong Kong; William Fang, President, KGI Securities; Reddy Wong, Chief Executive Officer, KGI Asia, Hong Kong; and Kevin Tai, Head of International Wealth Management, KGI Asia, Hong Kong
(From Left) Antony Kristanto, President Director, KGI Asia, Indonesia; Patrick Lin, Head of Global Markets, KGI Asia, Hong Kong; William Fang, President, KGI Securities; Reddy Wong, Chief Executive Officer, KGI Asia, Hong Kong; and Kevin Tai, Head of International Wealth Management, KGI Asia, Hong Kong

KGI Asia Sage provides clients with wealth management needs in Asia. We take a holistic and forward-looking approach to wealth management by exploring opportunities and developing customized wealth solutions to help our clients protect and preserve the wealth of their families and future generations.

The launch ceremony held earlier last Wednesday was officiated by Mr. William Fang, President of KGI Securities, Mr. Reddy Wong, Chief Executive Officer of KGI Asia, Mr. Patrick Lin, Head of Global Markets, KGI Asia, Mr. Kevin Tai, Head of International Wealth Management of KGI Asia and Mr. Antony Kristanto, President Director of KGI Asia Indonesia.

William Fang, President, KGI Securities, says, “KGI Securities has a long history of operating in the Asian financial markets, including Taiwan, Hong Kong, Singapore, Indonesia, and Thailand. We provide forward-thinking and customized investment services and financial products, thanks to our customer-centric approach and innovative capabilities.”

Reddy Wong, Chief Executive Officer of KGI Asia, says, “It is no secret that due to strengthening economies, greater savings, and new wealth creation, Asia Pacific affluence is on the rise, to cater to this market, we have proudly decided to launch KGI Asia Sage, an exciting and brand-new customized wealth solution that focuses on protecting and preserving the wealth of our clients’ families and their next generations. We believe that wealth management business will be key to KGI Asia in the years ahead.”

With a 25-year history in Hong Kong, KGI Asia is one of the region’s leading financial brands. We are committed to providing wealth management, brokerage, investment banking, fixed income and asset management services to corporate, institutional, and individual clients. Firmly backed by our parent company, KGI Securities Co. Ltd. and China Development Financial Holding Corporation in Taiwan, and a robust Asia network that spans Taiwan, Hong Kong, Singapore, Indonesia, and Thailand, we are dedicated to helping our clients explore cross-border investment opportunities.

Kevin Tai, Head of International Wealth Management KGI Asia, says, “We understand that clients not only rely on traditional ways to manage their wealth, but also take into account total wealth solutions at every stage of their lives. At KGI Asia, we take a holistic approach to wealth management, explore opportunities, and develop customized solutions to help our clients explore cross-border investment opportunities. KGI Asia Sage has provided client with wealth management services with investable assets over US$250,000 this year. In just two short months, we have successfully reached US$1.5 billion in AUM, and we expect it will grow by 100% within one to two years. We are determined to become a preferred wealth management partner in Asia within the next three to five years.”

With a strategic focus on wealth management, our 300 relationship managers partner with our specialists from the Investment Strategy Team and Product Team to help our clients navigate through volatile markets. Drawing on our extensive experience, industry knowledge, research-based advisory services, and strong execution capabilities, we leverage our group-wide expertise to craft sustainable wealth solutions tailored to our clients’ goals and risk tolerance throughout the wealth cycle.

A range of products and services exclusive to KGI Asia Sage clients includes:

  • A broad array of investment products, including securities, bonds, investment funds, and structured investment products.
  • Customized investment solutions and portfolio advisory services.
  • With our portfolio leveraging and tailored financing options, and preferential financing interest rates, the potential returns and purchasing power of clients’ investment portfolio/IPO subscription can be enhanced.
  • To assist clients with cross-border investment needs, we provide one-stop service to assist clients with identity authentication via our service providers in Asia.
  • KGI Asia’s exclusive “Wealth Insights” provide the latest market trends, along with KGI Asia Sage exclusive investment strategies.

To learn more about KGI Asia Sage, please visit via https://www.kgi.com.hk/en/sage.

Hashtag: #KGIAsia #KGIAsiaSage

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

About KGI Asia

KGI Asia1 is one of the region’s leading financial brand since 1997. Our scope of businesses compasses brokerage, wealth management, investment banking, fixed income and asset management. We are committed to offering a broad range of financial products and services to corporate, institutional and individual clients throughout Asia. Backing by our parent company, KGI Securities Co. Ltd. and China Development Financial Holding Corporation in Taiwan, we have a robust Asia footprint covering Taiwan, Hong Kong, Singapore, Indonesia and Thailand. KGI Asia Limited attained a BBB+ rating by Standard & Poor’s and received the “Private Wealth Management Award” at the 2022 Corporate Brand Awards of Excellence organized by the Hong Kong Economic Journal.

Disclaimer

All the information contained in this document is not intended for use by persons or entities located in or residing in jurisdictions which restrict the distribution of this document by KGI Asia Limited (“KGIA”) or any other affiliates of KGIA. Such information shall not constitute investment advice, or an offer to sell, or an invitation, solicitation or recommendation to subscribe for or invest in any securities or other investment products or services nor a distribution of information for any such purpose in any jurisdiction. In particular, the information herein is not for distribution and does not constitute an offer to sell or the solicitation of any offer to buy any securities in the United States of America, or to or for the benefit of United States persons (being residents of the United States of America or partnerships or corporations organised under the laws of the United States of America or any state, territory or possession thereof). All the information contained in this document is for general information and reference purpose only without taking into account of any particular investor’s objectives, financial situation or needs and may not be redistributed, reproduced or published (in whole or in part) by any means or for any purpose without the prior written consent of KGIA. Such information is not intended to provide any legal, financial, tax or other professional advice and should not be relied upon in that regard. All investments involve risks. The prices of securities fluctuate, sometimes dramatically. The price of a security may move up or down, and may become valueless. It is as likely that losses will be incurred rather than profit made as a result of buying and selling securities. You are advised to exercise caution and undertake your own independent review, and you should seek independent professional advice before making any investment decision. You should carefully consider whether investment is suitable in light of your own risk tolerance, financial situation, investment experience, investment objectives, investment horizon and investment knowledge.

1. KGI Asia in this paragraph means KGI Asia Limited and its affiliates.