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CHIMEI to launch Ecologue™ bio-ABS products with ISCC PLUS approval in 2023

CHIMEI Corporation’s factory in Tainan, Taiwan, has obtained International Sustainability and Carbon Certification (ISCC) PLUS for ABS, SAN, MS (SMMA), HBR, and SSBR products.

TAINAN, TAIWAN – Media OutReach – 10 November 2022 – A Taiwan-based performance materials company that designs and manufactures advanced polymer materials, synthetic rubbers, and specialty chemicals, CHIMEI Corporation is adding a range of International Sustainability and Carbon Certification (ISCC) PLUS approved bioplastics to its newly released Ecologue™ sustainable materials portfolio.

CHIMEI is developing bioplastics that are either made from bio-based resources or will decompose after use. As a result, these materials will reduce its waste and fossil fuel consumption.

CHIMEI is developing bioplastics that are either made from bio-based resources or will decompose after use. As a result, these materials will reduce its waste and fossil fuel consumption.

ISCC PLUS adopts a mass balance approach to ensure that renewable materials are correctly calculated and used in production processes. It ensures traceability throughout the entire supply chain, from raw materials to the final product, providing a global standard for product sustainability.

CHIMEI is preparing to replace some of the fossil feedstock used in its polymer production with bio-based feedstock. They are tracking this renewable feedstock throughout their production line to comply with the ISCC PLUS mass balance approach, and building partnerships to ensure a greener value chain.

CHIMEI is preparing to replace some of the fossil feedstock used in its polymer production with bio-based feedstock. They are tracking this renewable feedstock throughout their production line to comply with the ISCC PLUS mass balance approach, and building partnerships to ensure a greener value chain.

Approval from ISCC PLUS reinforces the renewable plastics value chain, which CHIMEI has been building together with Neste, Idemitsu Kosan, and Mitsubishi Corporation, allowing CHIMEI to introduce new, renewable biomass materials that can effectively replace fossil feedstock in plastic production.

The ISCC PLUS approvals apply to ABS, SAN, MS (SMMA), HBR, and SSBR products, which are produced at CHIMEI’s factory in Tainan, Taiwan. CHIMEI will officially launch ISCC PLUS bio-ABS products, under the Ecologue trademark, in the first half of 2023.

“Reaching carbon neutrality is a top priority for CHIMEI, and it should be paramount for everyone in our supply chain,” says Andrew Hsieh, CHIMEI Sustainable Material Solutions Manager. “By opting for materials that are made from renewable, biomass feedstock, a brand can significantly reduce the carbon footprint of its products, and distance itself from the oil industry. As more brands opt for sustainable material solutions, like bioplastics, their decision will reverberate upstream into manufacturing industries where it can really make a massive impact.”

CHIMEI Corporation first received the ISCC PLUS approvals during K 2022, the world-leading trade fair for plastics and rubber. News of receiving the ISCC PLUS was initially shared with guests at the Ecologue™ Talks event in K fair, which were attended by many of CHIMEI’s global supply chain partners.

Bioplastics are one of three innovation areas in CHIMEI’s Ecologue™ sustainable materials portfolio. CHIMEI’s ongoing bioplastic innovations include biodegradable materials, which have the potential to replace single-use plastics in the near future. CHIMEI aims to expand its bioplastic offerings over the coming years.

Production is an ongoing innovation area in CHIMEI’s Ecologue™ sustainable materials portfolio. This includes carbon capture and utilization at CHIMEI facilities. Of the three innovation areas at CHIMEI, recycling has proffered the most development; featuring optical-grade, chemically recycled MMA, and mechanically recycled PCR materials.

Hashtag: #CHIMEI

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

About CHIMEI

CHIMEI is a Taiwan-based performance materials company that designs and manufactures advanced polymer materials, synthetic rubbers, and specialty chemicals. Companies from around the globe seek out CHIMEI to boost their products’ performance and durability, find a breakthrough in aesthetics, raise their production efficiency, and reduce their environmental impact.

Discover how CHIMEI helps businesses aim higher, and steps up to its global responsibilities, at [www.chimeicorp.com].

Chubb Promotes Ben Howell to Lead Consumer Business in Asia Pacific

SINGAPORE – Media OutReach – 10 November 2022 – Chubb today announced the promotion of Ben Howell to Regional Head of Consumer, APAC for its general insurance business in the Asia Pacific region. Currently, he serves as Regional Head of Accident & Health (A&H) for Asia Pacific at Chubb.

In his new role, Mr. Howell will have overall responsibility for the financial performance of Chubb’s consumer business which comprises accident and health and personal lines insurance. He will report to Paul McNamee, Regional President of Asia Pacific for Chubb.

“Ben is a key member of the Asia Pacific regional leadership team. Under his leadership as Regional Head of A&H, he has proven to be very innovative and entrepreneurial in expanding the product range of the business, building new relationships and strengthening major affinity partnerships,” said Mr. McNamee. “He has excellent management experience in engaging people across the business through clarity of vision. As a people-focused leader, he is also known for building high performance teams while taking a strong interest in their career development with Chubb.”

Mr. Howell has more than 20 years of experience in the insurance industry including more than a decade in Asia. He commenced his career at Chubb’s predecessor company in Sydney, Australia in 2002 before embarking on his international career three years later with another insurer. Having gained valuable experience in the commercial business and working with diverse cultures, he returned to Chubb in 2016 to grow his career even further.

Hashtag: #Chubb

About Chubb

Chubb is the world’s largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs approximately 34,000 people worldwide.

Additional information can be found at: .

Altec and Accel Works partner to enhance enterprise digitalisation in Southeast Asia via integrated document and data management

The partnership will engage SMEs in Singapore, Indonesia, and Malaysia to automate business processes and improve information flow throughout the enterprise leading to increased operational and resource efficiency.

SINGAPORE – Media OutReach – 10 November 2022 – Altec, a leading provider of enterprise content platform and process automation solutions and Accel Works, a professional services and IT solutions firm, have entered a strategic partnership to help small to medium enterprises (SMEs) in Southeast Asia to transform their operations by automating tasks in every department, including accounting, legal and HR. The new partnership would allow for the exclusive distribution of DocLink, a document management and business process automation solution, that aims to transform and accelerate the digitalisation journey of SMEs; helping them capture and manage their data and streamline business processes.

Beginning with Singapore, Indonesia, and Malaysia in the Southeast Asia region, DocLink will serve as a digital platform that is accessible both on-premise and in the Cloud to support today’s hybrid workforces. The solution’s tight ERP integration also allows organisations to track and access documents wherever they are; control information throughout the entire document cycle; schedule and automatically distribute documents with supporting documentation; and simplify capturing documents with AI-driven optical character recognition capabilities. DocLink helps companies connect their people and processes to their data and increase competitive advantage, deliver tangible business impacts including faster approval cycles, as well as reduce human errors.

“In Southeast Asia, 71 million MSMEs account for 97% of all businesses, each with accelerated digitalisation strategies supporting today’s hybrid workforce in the post-pandemic era. As a result, there is a ‘mobile-first workforce’ strategy in the region and business leaders are turning to contemporary digitalisation strategies to support this new business model. By partnering with Accel Works, we want to assist SMEs in Southeast Asia as they embark on or extend their digitalisation strategy by taking full advantage of our document and process automation capabilities,” said Don Howren, President and Chief Operating Officer for Altec.

Digital solutions that allow day-to-day work to be completed seamlessly and remotely have become ever more crucial. A recent study found that 85% of people said they spent time searching for documents throughout the workday, and 60% said they waste more time searching for information than answering email. With this in mind, three in five SMEs in the region plan to continue digitalising and leveraging solutions to achieve greater access, visibility and control over their data and documents while improving process for their employees, customer, and suppliers.

Regulators have also taken notice of the rapid adoption of digital solutions. In fact, the Singapore government has a range of initiatives and policies in place to help SMEs automate existing processes, such as the Productivity Solutions Grant (PSG). This makes it attractive for business leaders to pursue their digitalisation initiatives at a subsidised cost. Under Budget 2022, an additional S$600 million will be set aside over the next 4 years under the PSG for SMEs, as part of a suite of measures rolled out to support Singapore’s enterprise ecosystem.

“Increased digitalisation within the region has brought about demand for leading digital solutions that offer customers a way to respond and remain competitive in today’s digital economy. We are proud to be the regional distributor for DocLink, sharing the same vision of delivering innovative solutions to organisations in the region, especially SMEs, as Singapore moves towards digitalisation. The partnership will elevate solution offerings from Accel Works, as we continue to strive towards solutions and professional services that enhance business process operation of our customers and aid them in their digital journeys,” said Desmond Aw, CEO at Accel Works.

Earlier this year, Altec was acquired by Beyond Limits, an industrial and enterprise-grade AI software company built for the most demanding sectors. The acquisition further bolsters Beyond Limit’s strategic partnerships and integrations focused on digital transformation and AI-readiness in key sectors around the world. Tapping into Beyond Limits’ cutting-edge AI technology, strategic partnerships and integrations, Altec will continue pushing forward digital transformation and AI-readiness with DocLink in key sectors of Southeast Asia.

“Altec’s strong industry position, unique product offerings, and loyal customer base provide new product and market opportunities, as well as transformational capital for furthering Beyond Limits’ growth in the region. Its technology and approach to streamlining digital operations naturally fits into our philosophy, and Altec is allowing our Cognitive AI solutions to deepen our aim of allowing faster and more efficient decisions, and manage risk while driving profitability.” said Leonard Lee, APAC President at Beyond Limits.

Further to this partnership, Altec will work in collaboration with Oak Consulting, Singapore-based cloud solutions and consulting partner wholly owned by Beyond Limits. Altec will partner with Oak to utilise DocLink to streamline business processes across all departments for their customers.

Hashtag: #Altec

About Altec

Acquired by AI leader Beyond Limits in February, 2022, Altec delivers its powerful content and process automation platform DocLink, which helps companies save important time and money through better data management. Using DocLink, companies can digitize their documents and data in ANY department – AP, AR, HR, legal/contracts, IT and more, as well as automate workflows and streamlining vital business document processes. Taking everything digital results in a paperless and touchless environment that allows for faster approvals, less data entry, and reduced human errors. Thousands of companies globally use DocLink on-premise, in the cloud or in hybrid environments. Altec enjoys strong, collaborative partnerships with many ERP providers including Acumatica, Amtech, Epicor, Key2Act, Microsoft, Sage, and SAP B1. Learn more at www.altec-inc.com.

About Accel Works

Accel Works Worldwide Pte Ltd was set up in 2022 to focus on providing value added Professional Services and IT solution that will assist our customers to enhance their business strategy and operation through our professional services and digital solution. Accel Works was originally Application Solution Department from Wiz Technologies (S) Pte Ltd, which provides IT solution and services since 2007 across Asia.

FastLane enables Dedicare successful digital transformation to grow a medical practice

HONG KONG SAR – Media OutReach – 10 November 2022 – FastLane, a tech savvy accountant and advisor, has partnered with Xero to accelerate digital transformation by providing customised cloud accounting and business solutions for Dedicare. It enables Dedicare to operate the business efficiently by integrating the financial data and automating the reporting process to enhance the overall business decision making.

FastLane combines innovation and technology to provide professional services with a team of well-experienced and qualified accountants and auditors to ensure that companies comply with the Hong Kong regulatory requirements while enhancing efficiency in the process. Being a Xero Platinum partner, FastLane helps Dedicare to engage in a time-efficient audit using Xero as part of their regular audit service. On top of the accounting services, there are various features that Dedicare must be accessible to the team with high availability to improve efficiency, ranging from handling clinic management to human resources and workflow needs to vaccination services.FastLane allows Dedicare to integrate with multiple users to digitally store, access, deliver and process data across several linked devices.

Therefore, by adopting digital transformation and implementing Xero to enhance efficiency in Dedicare business, Fastlane leads Dedicare to achieve better business results and reduce costs successfully.

FastLane continuously explores the potential to integrate different cloud solutions to offer more comprehensive and more efficient corporate services, particularly for SME’s and startups, including xero accounting and auditing services. The FastLane team is eager to guide start-ups’ and SMEs’ entrepreneurs to adopt digitalization in their operations and has the goal to help clients to handle time-consuming, non-core business tasks, which help grow their businesses.

To know more about FastLane, please visit https://fastlanepro.hk/.

Hashtag: #FastLane

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

Crowne Plaza Vientiane Welcomes a New Executive Chef

Crowne Plaza Vientiane is delighted to introduce the hotel’s new Executive Chef, Louis Yu-Ming Poh, who is originally from Malaysia and has worked in luxury hotels in Malaysia, Thailand, Vietnam, and most recently in the Maldives.

Inaugural Batch of Cambodian Watchmakers Graduate from Prince Horology Bringing Swiss Watchmaking Craftmanship to The Kingdom

PHNOM PENH, CAMBODIA – Media OutReach – 10 November 2022 – Prince Horology, founded by the Prince Foundation to bring the best of Swiss watchmaking education to Cambodia, is proud to announce that its first batch of six Cambodian students has successfully graduated from a comprehensive two-year micro-mechanics and watchmaking program. The six graduates Somsorya CHOK, Sereyvath LORN, Lihuor SAK, Phanichharath SAMOTH, Theara SEM and Chhunlong UNG, received their certificates at an official ceremony held at Prince Holding Group with their family members and Prince Horology staff present to commemorate the joyous occasion.

The six graduates during Prince Horology graduation ceremony Left to Right: Somsorya CHOK, Sereyvath LORN, Lihuor SAK, Phanichharath SAMOTH, Theara SEM and Chhunlong UNG

The six graduates during Prince Horology graduation ceremony
Left to Right: Somsorya CHOK, Sereyvath LORN, Lihuor SAK, Phanichharath SAMOTH, Theara SEM and Chhunlong UNG

Lihuor SAK, Prince Horology Class of 2022, delivered a graduation speech at the ceremony stating, “I would like to thank our instructors at Prince Horology who have worked tirelessly giving their time, effort and selfless contribution. Without your enormous support, we would not have come so far. With the benefit of this intense two-year course providing us with foundational skills, we look forward to joining the industry. I would also like to express my sincere gratitude to Chairman of Prince Holding Group, Neak Oknha Chen Zhi, as well as Prince Foundation for offering us such a valuable chance to pursue our dreams.”

Prince Horology’s management and Prince Holding Group’s representatives with the six graduates during the graduation ceremony

Prince Horology’s management and Prince Holding Group’s representatives with the six graduates during the graduation ceremony

“With the industry being virtually non-existent in Cambodia, Prince Horology has stepped in to create the competence base necessary for a strong start,” said Ms. Jessica Thakur, Technical Advisor and Instructor at Prince Horology. “With skilled watchmakers always being in high demand, the future is bright for Prince Horology graduates locally, regionally and internationally.”

“Through Prince Foundation, the philanthropic arm of Prince Holding Group, we helped launch Prince Horology in 2020 when the Kingdom was going through unprecedented changes,” said Gabriel Tan, Chief Communications Officer of Prince Holding Group. “The school is a wonderful reflection of the perseverance of the Khmer spirit, the synergies of cross-cultural collaboration and the benefits of vocational education that I am sure will continue to inspire and bring people closer from all over the world in the future.”

Prince Horology was founded at the behest of Neak Oknha Chen Zhi, Chairman of Prince Holding Group, who is also a watch aficionado and who has paid keen attention to the institute in his personal capacity. At Prince Horology, students have access to state-of-the-art equipment and facilities and are under the tutelage of professional Swiss trained instructors who have over 60 years combined experience in Swiss watchmaking and Swiss watchmaking education, including working in luxury groups such as The Swatch Group and Richemont and the world-famous Watchmakers of Switzerland Training and Educational Program (WOSTEP).

Prince Horology undertook an ambitious challenge to introduce the skills and technology of modern Swiss watchmaking while remaining faithful to the rich tradition and craftsmanship of high-end watchmaking. Thus, making it quite unique when compared with other international watchmaking schools. Its success is bolstered by the fact that Cambodia shares a rich cultural heritage in craftsmanship and artisanal skills.

Currently open to local and international applicants for the next course starting on 9th January 2023, Cambodians benefit from a scholarship program covering tuition, monthly stipend and accommodation allowance. Please kindly contact Prince Horology directly for more information about this unique opportunity at support@princehorology.com

Hashtag: #PrinceHoldingGroup

Over 1,000 Human Trafficking Victims Get Assistance from Bokeo Police

Golden Triangle Special Economic Zone (SEZ) in Bokeo Province taken from Thailand (Photo: Slleong)
Golden Triangle Special Economic Zone (SEZ) in Bokeo Province taken from Thailand (Photo: Slleong)

Local police are helping more than 1,000 people who fell victim to human trafficking until September.

No Consensus Reached on Zelenskyy Video Speech During ASEAN Summit

Ukraine PM Volodymyr Zelenskyy

The Association of Southeast Asian Nations (ASEAN) was supposed to provide an opportunity for Ukrainian President Volodymyr Zelenskyy to deliver a video statement during the ASEAN Summit, which is being held between 10-13 November in Phnom Penh, Cambodia.