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Lao Government Presents Medal to Chinese Casino Operator

Mr. Zhao Wei, President of Dok Ngiew Kham Group, awarded a Medal of Bravery by the Government of Laos.
Mr. Zhao Wei, President of Dok Ngiew Kham Group, awarded a Medal of Bravery by the Government of Laos.

The Government of Laos formally presented a Medal of Bravery to renowned Chinese businessman, Zhao Wei, on Saturday.

AXA Launches “MediEnhancer Supplement”

Offers Up to 4% p.a. Guaranteed Returns Helping Customers To Cope With Medical Inflation

HONG KONG SAR – Media OutReach – 3 October 2022 – AXA Hong Kong and Macau (AXA) today announced the launch of “MediEnhancer Supplement” (“MediEnhancer”). “MediEnhancer” is offered exclusively to customers with qualified AXA medical insurance policies[1]. With its up to 4% p.a. guaranteed crediting interest rate, it carries a cash value which will be used to offset the annual premium of the qualified AXA medical insurance policy associated with “MediEnhancer”, relieving the pressure of medical inflation for customers.

AXA’s “MediEnhancer” ambassador and popular R&B singer-songwriter Gareth T. reminds you that you can earn up to 4% interest per year by prepaying AXA medical insurance premiums.

AXA’s “MediEnhancer” ambassador and popular R&B singer-songwriter Gareth T. reminds you that you can earn up to 4% interest per year by prepaying AXA medical insurance premiums.

“MediEnhancer” offers two notional amount options[2]. Customers may choose a notional amount2 based on 3 times or 5 times the annual premium of the associated medical plan according to their financial planning needs. The cash value of “MediEnhancer” at its effective date will be equal to notional amount of “MediEnhancer”. After “MediEnhancer” becomes effective and more interest is accrued, the cash value of “MediEnhancer” will be used to pay for the annual premium of the associated medical plan on its next policy anniversary[3], saving customers the hassle of paying premiums of their plans. For customers prepaying a premium for the 2nd supplement year, their prepaid amount will be further entitled to guaranteed preferential interest at a rate of 4% p.a. for USD policies or 3.5% p.a. for HKD policies during the 1st supplement year.

According to the recent announcement of the Health Bureau, the number of Voluntary Health Insurance Scheme (VHIS) policies has exceeded 1 million since its implementation[4] in 2019. About a quarter of VHIS policy holders[5] were AXA customers, demonstrating that AXA’s VHIS products are well received by the public.

Kevin Chor, Chief Life and Health Insurance Officer of AXA Hong Kong and Macau, said, “We are commited to listening to our customers and catering their needs. We understand that rising medical costs is their key consideration for renewing their medical insurance policies. With this in mind, we have designed ‘MediEnhancer’ to help customers cope with medical inflation by providing up to 4% p.a. guaranteed returns, and offering hospital income benefit for a maximum of 1,000 days[6] per confinement, aiming to reduce the inpatient medical expenses of our customers, and strive to be a solid backing for customers.”

During the promotion period, customers who successfully apply “MediEnhancer” together with AXA WiseGuard Pro Medical Insurance Plan can enjoy up to 6 month’s premium refund. For existing customers with designated AXA medical insurance plans who successfully apply for “MediEnhancer”, they will be entitled to a 2-month premium rebate for their existing policies[7].

For more information about “MediEnhancer”, please visit: https://www.axa.com.hk/en/medical-insurance-medienhancer-campaign

The above information is for reference only. For details on product features, content, terms and exclusions, please refer to the product brochure and policy provision.


[1] Qualified AXA medical insurance policies shall mean policies satisfy the following requirements: a) must be in force at the time of application of “MediEnhancer”; or b) purchase at the same time together with “MediEnhancer”. The list of qualified AXA medical insurance policies will be updated from time to time without further notice. For the latest qualified AXA medical insurance policies, please refer to https://www.axa.com.hk/en/medical-insurance-medienhancer-campaign#.

[2] The notional amount of “MediEnhancer” is used for the calculation of premium and relevant policy values of “MediEnhancer”. It is not equivalent to the Death Proceeds for “MediEnhancer”. The cash value of “MediEnhancer” at its effective date will be equal to notional amount of “MediEnhancer”.

[3] For the avoidance of doubt, the premium amount of the associated medical plan shall be credited into the FPDA of the policy to which “MediEnhancer” is attached for premium payment of such associated medical plan and shall not be paid out to the owner directly under any circumstances.

[4] Information from the Information Services Department dated 2 September 2022.

[5] Information from the Information Services Department, calculated by dividing the total certified plans under VHIS by the total AXA VHIS plans with data as of 31 March 2022.

[6] The aggregate of the period during which the hospital income benefit is payable will not exceed a maximum of 90 days for each confinement resulting directly or indirectly from mental illness and 1,000 days for each confinement resulting (directly and independently of all other causes) from other disabilities.

[7] The above information is for reference only. For details on premium refund and product features, content, terms and exclusions, please refer to the product brochure, policy provision and promotional leaflet.

Hashtag: #AXA

About AXA Hong Kong and Macau

AXA Hong Kong and Macau is a member of the AXA Group, a leading global insurer with presence in 50 markets and serving 95 million customers worldwide. Our purpose is to act for human progress by protecting what matters.

As one of the most diversified insurers offering integrated solutions across Life, Health and General Insurance, our goal is to be the insurance and holistic wellness partner to the individuals, businesses and community we serve.

We embrace our responsibility to be a force for good to create shared value for our community. We are proud to be the first insurer in Hong Kong and Macau to address the importance of mental health through different products and services such as offering free mindfulness practice resources through Mind Charger which is fully accessible to our customers and the public via our holistic wellness platform AXA BetterMe.

THIS PRESS RELEASE IS AVAILABLE ON AXA’S WEBSITE:

IMPORTANT LEGAL INFORMATION AND CAUTIONARY STATEMENTS CONCERNING FORWARD-LOOKING STATEMENTS

Certain statements contained herein may be forward-looking statements including, but not limited to, statements that are predictions of or indicate future events, trends, plans or objectives. Undue reliance should not be placed on such statements because, by their nature, they are subject to known and unknown risks and uncertainties and can be affected by other factors that could cause AXA’s actual results to differ materially from those expressed or implied in the forward-looking statements. Please refer to Part 4 – “Risk factors and risk management” of AXA’s Universal Registration Document for the year ended December 31, 2019, for a description of certain important factors, risks and uncertainties that may affect AXA’s business, and/or results of operations. AXA undertakes no obligation to publicly update or revise any of these forward-looking statements, whether to reflect new information, future events or circumstances or otherwise, except as part of applicable regulatory or legal obligations.

Man Shot Dead in Car in Vientiane’s Saysettha District

A man was found dead in a car in Vientiane’s Saysettha District on Sunday, with police not yet ruling out homicide.

Tectura hires Karinna Boey to be Chief Marketing Officer

SINGAPORE – Media OutReach – 3 October 2022 – Tectura, a leading business consultancy, today announced that they have hired Karinna Boey as Chief Marketing Officer to help scale the company’s business. Karinna was most recently the APAC Marketing Director of Malwarebytes where she is responsible for all marketing, channel and branding activities in the region. She brings along vast experience in enterprise marketing and has deep knowledge in commercial go-to-market strategy that will help with Tectura’s growth plans. Karinna also had been in various marketing leadership positions at Fortinet, Microsoft, and Cisco.

KB.jpg

Tectura provides business process consulting, implementation, and support services across an array of primarily Microsoft ERP, CRM, Business Intelligence, Cloud and Mobility solutions to companies across Asia. With more than 6000 clients, Tectura leverages its expertise in Microsoft Dynamics technology and proprietary business consultancy in selected vertical industries to enable customers to improve competitive advantage.

Tectura is the most highly awarded independent Microsoft Enterprise partner in the Asia region. Having been continually awarded Dynamics partner of the year continually since 2004 amongst other recognitions and awards. Tectura has more than 400 professional team members across 11 offices 7 countries in Asia.

Hashtag: #Tectura

LifeWave Set To Transform Malaysians With Wearable Wellness Technology

KUALA LUMPUR, MALAYSIA – Media OutReach – 3 October 2022 – Through patented wearable wellness technology, LifeWave has entered Malaysia and strives to touch more than a billion homes internationally via their transformative products and flexible business opportunities. As part of her APAC business tour, LifeWave President of Global Sales and Marketing Ms Lori Burgher visited their Kuala Lumpur office for the first time since it opened.

Having held executive roles at some of the world’s most successful direct-selling companies, consulted across the broad spectrum of start-ups to Fortune 100 companies, and led multiple digital agencies serving iconic brands, Lori’s uniquely honed experience yields the consistent results of brand amplification and sales growth. She was hosted by Regional Director of LifeWave Asia Pacific, Dr Edward Choo and LifeWave Malaysia Country Manager, Mr KC How.

LifeWave first entered the Asian market back in 2008, when its corporate office in Taiwan was first set up. This was followed by offices in Japan, the Philippines, Malaysia, and Thailand with many more countries in the pipeline. From 2021 to 2022, Malaysia ranked fifth in LifeWave’s global sales figures. The Asian market represented a significant portion of the world’s direct selling sales revenue in 2021 and there are over 69.6 million direct sales personnel in Asia, a promising indicator of the region’s opportunities.

LifeWave’s core product range encompasses patches for people of all levels of wellness and is enhanced by a skincare collection, Alavida. Since its launch in Malaysia, the bestselling X39 has been receiving warm responses. X39 activates the body’s own stem cells via a non-invasive, non-transdermal patch that uses proprietary and patented form of phototherapy to elevate levels of the peptide GHK-Cu. All LifeWave’s products have been registered with the Ministry of Health, Malaysia as Class A Medical Devices.

For now, LifeWave is running a promotion on their website for the X39® & X49™ Performance Bundle. Meanwhile, those interested in signing up as a brand partner for business opportunities can contact LifeWave for more information.

Hashtag: #LifeWave

About LifeWave Malaysia

Lifewave Malaysia was launched on March 1st, 2021 to great response from Malaysian audiences, recording USD 1.5 million first month sales. Their key product is their bestselling X39 which activates the body’s own stem cells, is a non-invasive, non-transdermal patch that uses proprietary and patented form of phototherapy to elevate levels of the peptide GHK-Cu. With corporate offices in the US, Europe, Taiwan, Japan, Philippines, Malaysia and Thailand, LifeWave is now distributing to more than 100 countries and is registered with the Direct Selling Association of Malaysia (DSAM). To know more about LifeWave, visit:

Cuban Prime Minister Manuel Marrero Visits Laos

Lao Prime Minister welcomed the Cuban Prime Minister, Manuel Marrero Cruz, at Prime Minister's Office.

Mr. Manuel Marrero Cruz, Prime Minister of the Republic of Cuba, is visiting Laos as part of a tour of Southeast Asia.

Coinut Integrates Notabene’s Travel Rule Solution For More Secure Transactions

SINGAPORE – Media OutReach – 3 October 2022 – As part of the FATF Travel Rule extending to cryptocurrency companies in 2019, Coinut (Coin Ultimate Trading), a leading mobile and web app-based cryptocurrency exchange located in Toronto and Singapore, is utilizing the complete Travel Rule Solution of a market-leading crypto Travel Rule compliance service provider, Notabene. This partnership will help Coinut commence its Travel Rule compliance roll-out in FATF-regulated countries, especially in Canada and Singapore.

As the demand for crypto rises across global markets, regulators are adopting rules for digital payment token service providers to prevent money laundering, counter the financing of terrorism and safeguard the consumers. The Travel Rule for Virtual Assets calls for organisations that deal in cryptocurrencies to share information of the originator (sender) and beneficiary (receiver) between Virtual Asset Service Providers (VASPs), such as cryptocurrency exchanges like Coinut. The FATF Crypto Travel Rule aims to assist law enforcement agencies in better tracking criminals who utilise cryptocurrency to launder money, most especially in FATF-regulated countries such as Singapore, Canada, South Korea, Japan, Switzerland, Liechtenstein, Estonia, Gibraltar and Germany.

With the use of Notabene’s global VASP Counterparty Verification Network to manage counterparty risks, Coinut can automate transactions with counterparty VASPs while giving them access to the data they require to identify suspicious activity (i.e., originator name, account number, physical address, national identity number, customer identification number or other unique number, date of birth and place of birth, beneficiary name and account number or virtual wallet number). Notabene’s global VASP Counterparty Verification Network pulls data from various different sources, e.g., public registries, documents provided by VASPs, etc. and functions as a centralised database to source relevant information about counterparty VASPs. With Notabene’s solution permitting VASPs to set risk-based rules, Coinut can quickly identify and verify business partners and faithfully be in-line with the global compliance standards for anti-money laundering (AML) and counter terrorist financing (CTF) and protect the platform’s users as well as their respective communities.

Pelle Braendgaard, CEO of Notabene, commented,We’re pleased to work with Coinut as they demonstrate their ongoing commitment to compliance and implementing Travel Rule requirements. Coinut is integral to the Singaporean FinTech community, building solutions for a secure global economy”.

Xinxi Wang, CEO & Co-Founder of Coinut, said, “Singapore has been and still aims to be the hub of fintech, including blockchain and cryptocurrency, in Asia. Being one of the earliest cryptocurrency exchanges in the country, Coinut is steadily dedicated to bringing a trusted and safe platform that is aligned with the global financial regulations for our users across the globe. We are pleased to impart our partnership with Notabene in complying with FATF’s Crypto Travel Rule and the enormous help they provide in seamlessly handling the process of collecting personal data from cryptocurrency transactions and monitoring them for money laundering and financial crimes, particularly for transfers to and fro crypto exchanges and wallets of our users in FATF-regulated countries, e.g., Singapore, Canada, South Korea, Japan, and more. With this and more initiatives and partnerships in the future, our vision for Coinut as a safe, secure and fast cryptocurrency exchange is adeptly reinforced to our growing global community.”

For more information on Coinut, please visit https://coinut.com/.

Hashtag: #Coinut

About COINUT

Coinut (COIN Ultimate Trading) is a cryptocurrency exchange platform that offers secure, fast, user-friendly and low transaction fees. It guarantees an offline wallet and semi-manual process of big withdrawals for fraud protection. It allows the trading of cryptocurrencies and stablecoins (BTC, LTC, ETH, USDT, XSGD) on the platform and allows deposits using debit/credit card and mobile payment apps. It supports , and with US and Singapore dollars onramp and offramp. Founded by one of the Co-founders of the Litecoin Foundation, Coinut has been in operation for 9 years since 2013 and is one of the earliest cryptocurrency exchanges in Singapore with a subsidiary in Canada. It is regulated as a Money Service Business in Canada and is supported by Boost VC from Silicon Valley, Bitmain from Beijing, and the National University of Singapore Enterprise from Singapore. Currently, Coinut boasts 1.3M active global users on the platform.

About NOTABENE

Notabene is on a mission to make secure and trusted crypto transactions a part of the everyday economy. Using privacy-preserving technology, our full-service software helps virtual asset service providers (VASPs) turn regulatory compliance into a competitive advantage. Notabene’s market-leading Travel Rule compliance solution enables financial institutions, crypto exchanges, and custodians to comply with international AML regulations and guidelines. Companies such as Luno, Bitso, Crypto.com, Bitstamp, Cross River Bank, and others leverage our software to manage real-time regulatory and counterparty risk in virtual asset transactions. Headquartered in New York, Notabene is a global company with presence in Switzerland, Singapore, and the United Kingdom.

Get started today; sign up for our to respond to regulated transactions for free using the world’s largest .

MSCI Upgrades Tongcheng Travel’s ESG Rating to AA Attains Highest Rating in the Hotel and Travel Industry

HONG KONG SAR – Media OutReach – 3 October 2022 – Tongcheng Travel Holdings Limited (“Tongcheng Travel” or the “Company”, and its subsidiaries (collectively, the “Group”), stock code: 0780.HK), an innovator and leader in China’s online travel industry, has received an upgraded AA rating in MSCI’s latest Environmental, Social and Corporate Governance (“ESG”) rating released in late September 2022. AA is currently the highest rating accorded to hotel and travel industry players. The upgrade reflects the high recognition Tongcheng Travel has gained from the international rating agency and the capital market in respect of its ESG commitment and performance.

As early as 2021, Tongcheng Travel established an ESG and Data Security Committee to formulate the Company’s ESG vision, goals and strategies on the corporate organizational level to comprehensively improve its ESG capabilities. Tongcheng Travel has long been recognized for its ESG performance and has previously been included in the “MSCI Emerging Markets ESG Focus Index” and the “Hang Seng Climate Change 1.5°C Target Index”. It has also been bestowed awards such as “Emerging Responsible Enterprise of the Year” 1, “Corporate ESG Practice of the Year Award” 2 and “Green Practice Pioneer Project” 3 from various organizations.

According to the MSCI report, the upgrade to AA is based on Tongcheng Travel’s strong improvements in labour management, user privacy and data security.

In the latest MSCI ESG rating, Tongcheng Travel ranks amongst the top 5 industry players in the hotel and travel industry with respect to its labour management. It is committed to establishing harmonious labour relations, protecting the legal rights of employees, providing an equal, diversified, healthy and safe working environment, and establishing an up-to-date training system under the value of “Pursuing Innovation” to enable employees’ career advancement. In 2021, more than 95% of its employees received training, with an average 7.3 hours of training per capita.

In terms of privacy and data security, Tongcheng Travel has established a comprehensive user information security management system by formulating rules and regulations such as the “Administrative Measures for the Information Security of Tongcheng Travel” in accordance with the information security requirements of relevant laws and regulations. Tongcheng Travel has obtained ISO 27001 information security system certification. At the same time, it has formulated the “Tongcheng Travel User’s Privacy Policy” to clearly explain to users how the platform manages the process of collecting, storing, and using their personal information. The Company has also set up a complaint channel and feedback mechanism for user privacy issues.

Tongcheng Travel said that the Company will continuously improve ESG-related policies and practices, further promote ESG governance standards, and take practical action to fulfill its social responsibility to provide greater value to users and society.

MSCI ESG Ratings aims to measure a company’s management in financially relevant ESG risks and opportunities. It uses a rules-based methodology to identify industry leaders and laggards according to their exposure to ESG risks and how well they manage those risks relative to peers. It also rates equity and fixed income securities, loans, mutual funds, ETFs and countries.

1:The “Emerging Responsible Enterprise of the Year” (年度新銳責任企業) award was presented at the “14th Annual China Corporate Social Responsibility Conference” (第十四屆中國企業社會責任年會) held by NFZM
2:The “Corporate ESG Practice of the Year Award” (年度企業ESG實踐獎) was presented at the “2021 ESG Pioneer 60” (2021 ESG先鋒60) award presentation ceremony organized by Shanghai United Media Group | Jiemian
3:The “Green Practice Pioneer Project” (綠色實踐先鋒項目) award was presented at the “Qingxin 2022 Green Practice Pioneer Project” (清馨2022綠色實踐先鋒項目) event organized by National Business DailyHashtag: #TongchengTravel

About Tongcheng Travel Holdings Limited (HKSE Stock Code: 0780.HK)

Tongcheng Travel (formerly known as Tongcheng-Elong) is an innovator and market leader in China’s online travel industry. It was formed out of the merger of Tongcheng and eLong, the leading online travel agencies in China, in 2018. It is a one-stop shop for users’ travel needs. With the mission “make travel easier and more joyful”, Tongcheng Travel offers a comprehensive and innovative selection of products and services covering nearly all aspects of travel, including transportation ticketing, accommodation reservation, tourist attraction ticketing, and various ancillary value-added travel products and services designed to meet users’ evolving travel needs throughout their trips primarily through its online platforms, which comprise its Tencent-based platforms, its proprietary mobile apps, quick apps and other channels.

As a technology-driven company, Tongcheng Travel leverages big data and AI capabilities to better understand the preferences and behaviors of users, thereby offering users customized products and services. Tongcheng Travel has a strategic focus on lower-tier cities in China and seized opportunities there supported by its and diversified traffic sources, product innovation capability and flexible operation strategies. Through the in-depth understanding of user experience and advanced technological capabilities, Tongcheng Travel has been revolutionizing what consumers expect from the online travel industry, making the entire travel process more convenient, personalized and enjoyable than ever. Tongcheng Travel aims to develop and apply its advanced technology to transform from an online travel agency to intelligent travel assistant.

For more information, please visit the Group’s website at