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Magnitude Five Earthquake in Myanmar felt in Golden Triangle SEZ

Earthquake felt in golden triangle sez
A magnitude five earthquake felt in the Golden Triangle SEZ has residents gathering outside buildings.

Two strong earthquakes struck Myanmar late yesterday evening near the border with Laos, with effects felt as far as the Golden Triangle Special Economic Zone in Bokeo Province.

Thailand Confirms First Case of Monkeypox in Phuket

Monkeypox

Thailand has confirmed its first case of monkeypox after a 27-year-old Nigerian man was diagnosed with the infection.

PM Awards Medals to U-19 Lao Football Athletes

Prime Minister Phanhkham Viphavanh presents a medal to Phouthavong Sungvilai, a Lao football player.

The Laos U19 national men’s football team have been awarded class II medals of labor and citations by Prime Minister Phankham Viphavanh for their outstanding performance during the AFF U19 Football Championship in Indonesia.

BingX Introduces Futures Grid Trading to Energise Traders in Crypto Winter

SINGAPORE – Media OutReach – 21 July 2022 – Leading crypto social trading platform BingX is excited to announce the launch of Futures Grid Trading, after it introduced Spot Grid Copy Trading in March. It is available to all registered users so that traders can earn in a more flexible way this crypto winter.

bingx-en-poster.jpg

As its name implies, the Futures Grid Trading combines grid trading and futures trading, which can bring grid profit for users. Grid Trading is a quantitative trading strategy that automates the buying and selling of digital assets at preset intervals around a preset price range to build trading grids.

These trading grids help investors rake in money like a fish net – through executing low-buy and high-sell orders during price volatility, the system ensures profit every time the selling price exceeds the buying price, thus eliminating the need to forecast the market. On top of that, futures grid trading allows traders to use leverage to maximise the profit.

Compared with other platforms, BingX provides users with more flexibility by lowering the minimum investment amount. Traders could try futures grid trading with 20 USDT and see how it arbitrages automatically. They can also preset a stop-loss point to limit the loss on a security position.

For this quarter, part of BingX’s strategic focus is to provide users and traders with a better trading environment and new tools that facilitate profitability. We are also further simplifying the trading process so they can employ new trading tactics that allow them to gain, especially considering the current market situation.” – Global Communications & Public Relations Director, Elvisco Carrington

This new feature will be available on both BingX app and desktop. It saves traders keeping tabs on the market all day by making strategic, informed, and rational trading decisions on behalf of them. To encourage traders to make money with intelligent tools, BingX is about to launch a campaign to cover all traders’ losses in their first futures grid trading.

Security is always a top priority of BingX. Since the beginning of the second quarter of 2022, the overall crypto market has been on a bearish trend. The bankruptcy filing from Three Arrows Capital triggered a downward spiral that have hurt many crypto investors. In the face of this severe turbulence, BingX stays true to its mission in safeguarding user’s assets. Under no circumstances would BingX hedge users’ funds in venture investments.

BingX is committed to bringing about more trailblazing, industry-leading features and services to cater for various trading and social needs of users. To optimise investment experience and maximise user’s profit, BingX is always on the go.

Hashtag: #BingX

About BingX

Founded in 2018, BingX.com is a global digital asset, spot, and derivatives trading platform that provides a user-centric and open ecosystem with intuitive social trading features. Created to enrich the entire cryptocurrency industry, BingX is a safe, reliable, and user-friendly venue for users to trade their favourite assets such as , , , & . It is a digital asset, spot, and derivatives trading platform that provides a user-centric and open ecosystem with intuitive social trading features. First-time traders could do and learn from 3,000+ professional traders on BingX. Now BingX holds four operating licenses from the EU, US, Canada, and Oceania regions. BingX is a safe, reliable, and user-friendly venue for users to trade digital assets.

Major Roads Flooded in Bangkok as Governor Slams Clogged Drains

Bangkok hit by heavy rains and flooding.
Bangkok hit by heavy rains and flooding (Photo: Twitter)

Heavy rains pummelled Bangkok yesterday evening, with water levels reaching up to 30 centimeters in some areas, flooding a number of communities.

Laos Ranked 95th in World for Passport Strength

Laos passport

The official global passport ranking, the Henley Passport Index, has ranked Laos #95 in the world for the strength of the Lao passport. 

United Bank for Africa (UBA) Group Expands to EMEA, Launches Banking Operations in Dubai International Financial Centre, Dubai

LAGOS, NIGERIA – EQS Newswire – 21 July 2022 – The United Bank for Africa (UBA), Africa’s global bank has been in operation for over seven decades. Today, the group is present in 20 African countries, the United Kingdom, the United States of America and France. The bank has extended its operations to the United Arab Emirates with the official launch of its new branch at the Dubai International Financial Centre (DIFC).

United Bank for Africa Plc (DIFC Branch) will operate under the Category 4 license and will be regulated by the Dubai Financial Services Authority (DFSA), the financial regulatory agency of the special economic zone, the Dubai International Financial Centre.

The UBA branch in the DIFC will service corporate & financial Institutions and customers across the Middle East with a core focus on correspondent banking, relationship management and advisory services.

Through this new expansion, the UBA Group will be able to harness opportunities in the Middle East, Africa and South Asia (MEASA), which comprise of 72 countries with an approximate population of 3 billion and a nominal GDP of US$7.7 trillion and thereby, reinforce its strong franchise as Africa’s Global Bank, facilitating trade and capital flows between Africa and the rest of the world.

Speaking during the launch of the new subsidiary in Dubai on Thursday, the Chairman, UBA Group, Mr. Tony O. Elumelu, explained that with the Group’s foray into the Gulf Region, UBA continues to focus on its strategic intent to lead the way when it comes to doing business in Africa. He said “Collaborating with our franchises in 20 African countries and the major financial centres of London, New York and Paris, UBA (DIFC Branch) will facilitate the financing of trade transactions between the Middle East and Africa, enabling trade finance and investments,” Elumelu said.

‘We have been looking forward to this day as it is the first time we will have presence in this part of the world. We know that our international expansion is incomplete if we are not present in the gulf’, he continued

UBA’s Group Managing Director/CEO, Mr. Kennedy Uzoka, who also spoke at the event said, “Today, we are formally on four continents across the globe, operating in 24 countries, serving over 35 million customers and still growing.

“We are the only bank with Nigerian origin that has extended out of Nigeria to the UAE. Those before us have come through other locations and that shows the strength and respect the Dubai authorities have for UBA. Our presence in Dubai affirms that UBA is a strong franchise, expanding its reach across the world,” Uzoka said.

“The authorities and business environment here in the DIFC is phenomenal and UBA is seeing Dubai as the gateway for Africa and that is why we are here, to be closer to our clients, to be partnering with them and facilitate businesses and trade flows into Africa through the UBA franchise. So, we are super excited.

On his part, the CEO, UBA(DFIC), Mr. Vikrant Bhansali, said; “Trade, commerce and Investments in Africa is expanding in the Gulf Region and Asia. Leveraging the presence of UBA Group in global financial centres, UBA (DFIC) will enhance the ability of the group to facilitate access of Gulf investors and banks to African markets. We will finance trade, facilitate commerce and help grow investment in Africa, across all sectors.”

Arif Amiri, Chief Executive Officer, Dubai International Financial Centre(DIFC) Authority, said during the ribbon cutting ceremony “UBA(DFIC) attests to the strong relationship between Dubai and Africa. It is a beautiful start as we are looking forward to achieving more interaction, channelling more trade and investments into Africa, and with UBA DIFC, we are closer to achieving our objectives. DIFC will continue to seek partnerships that will deliver winning relationships as we have just witnessed with UBA Group.

Download image 1: https://bit.ly/3BespMf (Executive Director, Treasury and International Banking, United Bank for Africa (UBA), Mr. Ndubisi Chiugo; Chief Executive Officer, Dubai International Financial Centre (DIFC) Authority, Prince Arif Amiri; Group Chairman, United Bank for Africa (UBA), Mr. Tony O. Elumelu; Governor, Dubai International Financial Centre (DIFC), His Excellency Essa Kazim; Group Managing Director/CEO, United Bank for Africa (UBA) , Mr. Kennedy Uzoka; and Managing Director, UBA (DIFC), Mr. Vikrant Bhansali, at the official launch of UBA (DIFC), in Dubai, United Arab Emirates (UAE), on Thursday)

Download image 2: https://bit.ly/3O9VfA9 (Chief Executive Officer, Dubai International Financial Centre (DIFC) Authority, Prince Arif Amiri; Group Chairman, United Bank for Africa (UBA), Mr. Tony O. Elumelu; Governor, Dubai International Financial Centre (DIFC), His Excellency Essa Kazim; Group Managing Director/CEO, United Bank for Africa (UBA) , Mr. Kennedy Uzoka; and Managing Director, UBA (DIFC Branch), Mr. Vikrant Bhansali, at the official launch of UBA (DIFC Branch), in Dubai, United Arab Emirates (UAE), on Thursday)

Hashtag: #UnitedBankforAfrica

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

About UBA Group:

United Bank for Africa Plc is a leading Pan-African financial institution, offering banking services to more than thirty-seven million customers across 1,000 business offices and customer touch points in 20 African countries. With presence in New York, London and Paris and now the UAE, UBA is connecting people and businesses across Africa through retail, commercial and corporate banking, innovative cross-border payments and remittances, trade finance and ancillary banking services.

Dorsett Hospitality International Presents “The Way We Dance” AR Digital Art Performance to Affordable Art Fair

HONG KONG SAR – Media OutReach – 21 July 2022 – Dorsett Hospitality International is delighted to be bringing The Way We Dance, an Augmented Reality (AR) digital art performance piece, to Affordable Art Fair. Returning as the Exclusive Hotel Partner for Affordable Art Fair Hong Kong, Melbourne, London Battersea Autumn and Singapore for 2022, Dorsett Hospitality International has always believed in the power of art and technology to bring people together.

The Way We Dance at Affordable Art Fair

The Way We Dance AR Performance at Dorsett Booth

The Way We Dance AR Performance at Dorsett Booth

With a footprint of 54 hotels in 25 cities, Dorsett Hospitality International has supported the fight against Covid-19 from the very beginning looking after over half a million quarantine guests, medical workers and refugees from Afghanistan and Ukraine. As a hotel group, we’ve been inspired by how our guests, colleagues, frontliners and people from all walks of life have danced through the rain, through all challenges together, and come out stronger on the other side.

Behind the scenes: Yuh Egami with HKAPA dancers doing motion capture

Behind the scenes: Yuh Egami with HKAPA dancers doing motion capture

This is what led us to partner with digital art and creative studio The Collective to create The Way We Dance – choreographed by Yuh Egami (with kind permission from the Hong Kong Ballet) and performed by students Jennie Chou and Lee Kok Liang from the Hong Kong Academy of Performing Arts.

Combining visual art, virtual space and technology, the dances “Awake” and Progress” have been brought to life via motion capture with each virtual dancer designed through the lens of artists from all over the world; each representing their own unique experiences of the pandemic.

Instagram-activated artwork: House of Joy and House of Dreams

When one door closes, another door opens. Dorsett Hospitality International’s booth, will also showcase House of Joy by Katrina Chuang and House of Dreams by Sunny Sun – two physical artworks on canvas which come to life through an AR Instagram Filter.

Prints of these two art pieces will also be available for visitors to take home to colour and draw their own dreams before activating their own art piece using the Instagram filter!

For more information and imagery, visit: https://www.dorsett.com/en/media/aaf2022-the-way-we-dance.html

Hashtag: #DorsettHospitalityInternational