24.8 C
Vientiane
Friday, August 22, 2025
spot_img
Home Blog Page 2111

QualiSense signs five-year deal with global manufacturing leader, Johnson Electric

Deploying Augmented AI technology for quality assurance

HONG KONG SAR – Media OutReach – 4 September 2023 – QualiSense has entered into a five-year agreement with Johnson Electric to become the preferred software vendor for inspection and quality control (QC) using Augmented AI technology. Johnson Electric manufactures over 3 million micro-motors and motion-related components each day on 1,500 production lines in 17 countries spanning four continents. The AI technology will help reduce the cost of quality, as well as help improve manufacturing processes. There are also plans to integrate the insights into the design process to improve the manufacturability of new products.

The five-year deal was formalised following the successful installation and piloting of QualiSense’s technology on a number of Johnson Electric production lines in Canada and China. Johnson Electric Group and Cortica Group founded Lean AI as a start-up joint venture in 2021 and, as the AI technology and its functionality has matured, the Lean AI business has been rebranded as QualiSense.

Johnson Electric and QualiSense have commenced the agreement by targeting 100 inspection points. These projects cover a variety of complex metal surface inspections. Over the next five years, the project will expand into different use cases, production processes and sensors, covering Johnson Electric’s manufacturing needs globally.

“Our proven solution for quality assurance has already been successfully deployed on the production floor and this agreement gives us the opportunity to roll it out on an even larger scale,” explained Erez Tsur, CEO and co-founder of QualiSense. “With the complexity and capability of AI changing so rapidly, entering a five-year deal with one of the world’s largest micro-motor manufacturers highlights the growing confidence in QualiSense’s Augmented AI disruptive technology.”

Austin Wang, senior vice president at Johnson Electric added, “QualiSense AI is crucial for maintaining and strengthening Johnson Electric’s leading position in the Industry 5.0 era, bringing state-of-the-art inspection capabilities to ensure that our products are consistently of the highest quality. This will deepen our software and AI capabilities within our business – as well as strengthen the foundations for a unique and exciting software product for the worldwide quality inspection market.”

Qualisense’s mission is to deliver a fast and scalable, universally accessible, augmented AI platform for quality assurance on the production line. Its technology is already enabling manufacturers to deploy their AI training model in days, compared to weeks and months with a traditional AI approach. In addition, it can be deployed on multiple cameras thanks to the technology’s knowledge-transfer capabilities, with no expert in AI or machine vision required.

The Johnson Electric Group is a global leader in the manufacture of electric motors, actuators, motion subsystems and related electro-mechanical components. The group is headquartered in Hong Kong and employs over 35,000 individuals across 22 countries worldwide. Johnson Electric Holdings Limited is listed on The Stock Exchange of Hong Kong Limited (Stock Code: 179).

For more information on QualiSense’s solutions for quality assurance, visit www.qualisense.ai.

Hashtag: #JohnsonElectric #QualiSense

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

About Johnson Electric Group

The Johnson Electric Group is a global leader in electric motors, actuators, motion subsystems and related electro-mechanical components. It serves a broad range of industries including Automotive, Smart Metering, Medical Devices, Business Equipment, Home Automation, Ventilation, White Goods, Power Tools, and Lawn & Garden Equipment. The Group is headquartered in Hong Kong and employs over 35,000 individuals in 22 countries worldwide. Johnson Electric Holdings Limited is listed on The Stock Exchange of Hong Kong Limited (Stock Code: 179). For further information, please visit: .

About QualiSense

QualiSense was founded in 2021 in partnership by Johnson Electric and Cortica to develop a groundbreaking augmented AI platform that processes non-labelled production data to train itself to detect defective parts with minimal user guidance. QualiSense mission is to deliver a fast and scalable universally accessible augmented AI platform for production quality assurance. The platform significantly reduces the cost and time required to deploy automated inspection systems and autonomously adapts to production and environmental changes with minimal human intervention. QualiSense is a software-only solution designed from the ground up for the production floor, offering high throughput and easily integrates with any camera system for retrofitting to existing or new production lines. QualiSense has several production systems serving top automotive OEMs,18 patents pending and 14 in the pipeline.

Danish Man Travels Through Laos as Part of 200,000 Km World Tour

A Landcruiser And A Dream, Follow A Man’s 4-Week Journey Across Laos
Niels' 1992 Land Cruiser HDJ 80 aptly named "Toto." (Photo" MuddyBumper360)

Last year, Niels Borum, a 61-year-old former lawyer from Denmark, embarked on a remarkable three-year, 200,000-kilometer journey around the world in his faithful 1992 Land Cruiser HDJ 80, which he calls “Toto.” He was recently in Laos and spoke to the Laotian Times about his memorable experience in the country.

MontyPay, Global Payment Innovator Crowned “Best Newcomer” at Jordan Startup Expo 2023

With its exceptional range of payment methods and solutions, MontyPay continues to empower businesses across continents

BEIRUT, LEBANON – EQS Newswire – 4 September 2023 – MontyPay (https://MontyPay.com/), renowned for its cutting-edge payment solutions spanning the globe, secured the prestigious award at the Jordan Startup Expo event held on August 30. The event, a celebration of entrepreneurship and innovation, provided a fitting platform for MontyPay to showcase its diverse portfolio of over 100 payment methods that span regions including the Middle East, Asia, Europe, Africa, and the Americas.

“Winning the ‘Best Newcomer’ award is a testament to the passion, dedication, and groundbreaking ideas that our team at MontyPay brings to the table every day,” said Noel Moukheiber, General Manager of MontyPay. “We’re driven by our commitment to transforming the payment landscape on a global scale and are honored to have our efforts recognized by the esteemed Jordan Startup Expo.”

With its exceptional range of payment methods and solutions, MontyPay continues to empower businesses across continents, facilitating seamless transactions, enhanced customer experiences, and increased market access.

Download image: https://apo-opa.info/44SuUyZ

Hashtag: #MontyPay

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

About MontyPay:

MontyPay is a global payment service provider and a pioneering cutting-edge solutions provider across the world. With our headquarters based in the UK, our payment services are offered across the globe, with strategic outposts in Lebanon, Jordan, the UAE, Indonesia, and Nigeria, ensuring our proximity to where currencies clash and transactions flare. Our track record of triumph speaks volumes and we make sure to elevate your whole payment experience.

MontyPay’s diverse range of comprehensive online transactions and services are known to be flawlessly executed, we offer a wide range of 100+ payment methods that cover 50+ countries across the Middle East, Asia, Europe and America.

UN General Assembly Adopts Resolution Tabled by Laos and Other Countries

Representational image (Photo: UN)

Laos, together with Portugal, the Dominican Republic, Egypt, and Jamaica, have initiated and tabled a draft resolution entitled “Model United Nations” with the objective of raising awareness and providing practical training on the important role the United Nations has played in addressing global affairs.

Laos-Vietnam Railway Set to Open for Service in 2028

Laos-Vietnam Railway Set to Open for Service in 2028
The President of Petroleum Trading Lao Public (PTL) Company, Mr. Chanthone Sitthixay, the President of Yooshin Engineering Corporation, Mr. Chon Kyung-soon, and the Executive Director of Korea National Railway, Mr. Park Jin-Hyun pose for a photo after signing the contract

The planned Laos-Vietnam Railway, running from Thakhek district in Khammouane province to the Lao-Vietnamese border, is expected to be completed and open for service in 2028.

Empowering Sellers for Success: BEST Express Malaysia Introduces Exclusive Shipping Rates

KUALA LUMPUR, MALAYSIA – Media OutReach – 4 September 2023 – In honour of the National Day and Malaysia Day celebrations, BEST Express Malaysia is delighted to announce its latest campaign, “BEST Season. BEST Delivery.”

499 pic for media.jpg

This campaign offers customers an opportunity to enjoy an exclusive promotion rate of RM4.99 (price before SST) for the first 5 kg of shipments within Malaysia. The promotion has started since 1st September 2023 and will run throughout the campaign period.

“It’s a privilege to introduce the ‘BEST Season. BEST Delivery.’ campaign in Malaysia. With the “BEST Season. BEST Delivery.” campaign, the company reinforces its mission to empower businesses and individuals with accessible, affordable, and dependable delivery solutions. Our goal is not only to deliver parcels but to deliver experiences,” said Jessy Sun, General Manager of BEST Inc Malaysia and Singapore.

As part of this campaign, BEST Express Malaysia is offering exclusive shipping rates designed to empower sellers in optimizing their delivery operations. By providing access to these advantageous rates, the company is extending a helping hand to businesses of all sizes, enabling them to enhance their competitiveness and profitability.

This campaign marks a significant step in BEST Express Malaysia’s ongoing efforts to revolutionize the delivery industry. As the company continues to invest in cutting-edge technology and streamlined operations, it aims to redefine customer expectations for shipping reliability and cost-efficiency.

The campaign is available to all BEST Express Malaysia users, including both General Users and Key Account customers. Customers can take advantage of this special offer by creating consignment notes for eligible shipments within the campaign period. The eligible shipments include deliveries:

  • from Peninsular Malaysia to Peninsular Malaysia
  • from Sabah to Sabah
  • from Sarawak to Sarawak

” We’re not only offering cost savings but also reinforcing our position as a provider of choice in the delivery industry.”

” Our customers are at the heart of everything we do, and the ‘BEST Season. BEST Delivery.’ campaign is a token of our appreciation for their trust and loyalty. With this promotion, as we roll out this campaign, we’re reminded of the strong partnerships we’ve built with our customers,” Jessy Sun continued.

For more details, contact or walk into the nearest branch: https://www.best-inc.my/fstatic?type=serviceLocation

Hashtag: #bestexpressmalaysia #expressdelivery #parceldelivery


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

BEST Express Malaysia

BEST Express Malaysia started its operations in April 2020, possess the courier license issued by Malaysian Communications and Multimedia Commission (MCMC).

BEST Express has expanded steadily and procured 10 hubs and more than 300 stations nationwide, with the capacity of 200,000 parcels daily, and the number is growing day by day.

For more information, please visit:

Bank Negara Malaysia likely to keep OPR at 3%—OctaFX

OctaFX analyses the likelihood of BNM keeping the Overnight Policy Rate (OPR) unchanged at 3% at the upcoming Monetary Policy Committee meeting on September 6-7. Learn about the potential impact on the Malaysian ringgit.

  • Headline inflation in Malaysia declined to 2% in July, according to the Monetary and Financial Developments by Bank Negara Malaysia (BNM).
  • The domestic financial market and the ringgit exchange rate were driven primarily by expectations that the US Federal Reserve’s monetary tightening cycle was nearing an end.
  • The Overnight Policy Rate (OPR) is unlikely to be raised at the next meeting, as the Malaysian economy is growing steadily.
  • If the Monetary Policy Committee leaves the rate unchanged, USDMYR could hit 4.5000–4.5500.

KUALA LUMPUR, MALAYSIA – Media OutReach – 4 September 2023 – The Monetary Policy Committee (MPC) of the Bank Negara Malaysia (BNM) will meet on 6-7 September to decide on monetary policy.

OctaFX (1).jpg

According to the BNM’s report on Monetary and Financial Developments in July 2023, headline inflation in Malaysia continued to decline, reaching 2% in July. This decrease was driven by lower core inflation, attributed mainly to lower inflation for food away from home and selected discretionary services.

The latest report from BNM also predicts that Malaysia’s economy will grow towards the lower end of the 4% to 5% range in 2023, driven primarily by domestic demand.

The performance of the domestic financial market was largely influenced by expectations that the US Federal Reserve’s monetary tightening cycle was nearing an end. As a result, the ringgit appreciated by 3.1% against the US dollar in July. However, this growth was offset in August, and currently, the USDMYR is testing a two-month high of 4.6300–4.7000.

‘BNM cannot ignore the decline in inflation’, said Kar Yong Ang, the OctaFX financial market analyst. ‘With the Malaysian economy growing steadily and the likelihood of a pause in the US Federal Reserve’s key rate hike, the Overnight Policy Rate (OPR) is unlikely to be raised at the next meeting’, he added.

Considering the current level of the OPR, the market policy is expected to be accommodating and supportive of the economy. This move aims to support capital markets and stabilise the USDMYR exchange rate, which is anticipated to trend lower (and the ringgit appreciating) with a target range of 4.5000–4.5500.

Hashtag: #BNM #interestrate #MYR #USD

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

About OctaFX

is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services already utilised by clients from 180 countries who have opened more than 42 million trading accounts. Free educational webinars, articles, and analytical tools they provide help clients reach their investment goals.

The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.

In the APAC region, OctaFX captured the ‘Best Forex Broker Malaysia 2022’ and the ‘Best Global Broker Asia 2022’ awards from Global Banking and Finance Review and International Business Magazine, respectively.

Boat Capsizes at Mekong River in Oudomxay Province, Claiming Three Lives

Five people went missing after a boat capsized in the Mekong River in Pakbeng district, Oudomxay province, on Saturday, 2 September. (Photo: Nitthaphone Soulinya)

A boat carrying 10 passengers capsized in the Mekong River in Pakbeng district, Oudomxay province on Saturday, and three of the five passengers who went missing were found dead on Monday.