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Confusion Ensues as Thailand Opens Land Borders But Laos Remains Closed

Thai immigration official speaks with Lao citizens entering Thailand
Thai immigration official speaks with Lao citizens entering Thailand (from video by MakKhaeng Media).

Confusion has ensued at border checkpoints between Laos and Thailand this morning following regulations reopening Thailand but leaving Laos closed.

Wak Doyok and Fizo Omar talk about finance together with OctaFX

KUALA LUMPUR, MALAYSIA – Media OutReach – 2 May 2022 – Global broker OctaFX, together with its brand ambassadors Fizo Omar and Wak Doyok, is launching an educational project that aims to spread knowledge about finance and investing.

Malaysia’s fashion guru Wak Doyok and popular actor Fizo Omar, who recently became the first-ever brand ambassadors of OctaFX in Malaysia, will share their financial knowledge and investing experience as part of the broker’s new project. The initiative aims to boost financial literacy in Malaysia, the need for which has been increasingly discussed at the state level.

According to Malaysian Financial Literacy Survey 2021, most Malaysians have space to improve their financial habits. About 43 percent of them are susceptible to financial shocks as they spend more than what they earn, and 57 percent do not have enough savings to last them more than three months in case they lose their source of income.

Although Malaysian youth are more willing to use e-wallets and invest in digital assets than the older population, they are actually more reckless than their parents when it comes to financial habits. With that said, the issue of financial literacy remains highly relevant for the wide Malaysian audience.

OctaFX is striving to contribute to the issue by giving direct and easy access to information on finance. Anyone willing to participate can ask any question about money or financial planning to Wak Doyok and Fizo Omar, and the celebrities will answer based on their personal experiences with trading and investing. Submitting a question is easy through the project’s page or by leaving a comment on OctaFX’s Facebook or Instagram. The broker will regularly publish the answers to the most interesting questions on its social media.

Fizo Omar feels happy to be a part of the project and truly believes in its mission.

‘We deсided on the Q&A format to make education easily accessible—and I am excited to share my knowledge,’ the actor said. ‘Anyone interested in finance can participate—you don’t have to be the broker’s client. Personally, I believe that everyone can become a master of their money, but it requires financial literacy.’

Wak Doyok also feels like he has a lot of personal experience to share:
‘I have been learning about and testing different investing methods for many years. Trading has become one of my favourite ways to preserve and grow my capital. During the pandemic, I realised I had been right to diversify my sources of income since it left me in a more secure position. Investing can be like a second salary—it is something I would recommend everyone to seriously consider.’

Malaysians will have a chance to ask their questions about finance and investments to the OctaFX brand ambassadors until 20 June. The authors of the best questions will receive valuable prizes, while the two first-prize winners will get the opportunity to spend a day in person with Wak Doyok or Fizo Omar. They will see how the celebrities manage to fit both their demanding jobs and investment in their daily lives.

About OctaFX

is a global broker that has been providing online trading services worldwide since 2011. The company is involved in a comprehensive network of charity and humanitarian initiatives, including improvement of educational infrastructure, short-notice relief projects, supporting local communities and small to medium enterprises.

In the APAC region, it managed to capture the ‘Decade Of Excellence In Forex Asia 2021’ award, the ‘Best Islamic FX Account 2020’ award, and the ‘Best CFD Broker Asia Pacific 2020’ award by Global Banking and Finance Review, World Finance, and Cfi.Co, respectively.

#OctaFX

Government of Laos Agrees to Raise Minimum Wage

Laborers work on a new school building in Luang Prabang Province, Northern Laos.
Laborers work on a new school building in Luang Prabang Province, Northern Laos.

The Government of Laos has agreed to a minimum wage increase amid a rising cost of living and rampant inflation.

Top US Official on East Asian Affairs to Visit Laos and Cambodia

Assistant Secretary of State for East Asian and Pacific Affairs Daniel J. Kritenbrink
Assistant Secretary of State for East Asian and Pacific Affairs Daniel J. Kritenbrink.

The US Assistant Secretary of State for East Asian and Pacific Affairs Daniel J Kritenbrink will visit Cambodia and Laos from 1 – 7 May.

Breaking the NFT mold – Liquidity launches LQT IDO Launchpad update

SINGAPORE – Media OutReach – 29 April 2022 – Recently, Liquidifty market updated LQT Launchpad. Users will be able to participate in IDO, INO and airdrop of the most anticipated GameFi, DeFi and NFT projects!

Liquidifty platform is one of the best BNB NFT marketplace and a Launchpad with a focus on utility in projects and collectibles, offering a wide range of events and investment tools in crypto like INO, IDO, airdrops, and others.

The interface of the platform is very friendly and simple – anyone can easily trade NFTs, create NFTs or its own NFT-store in a few minutes.

The highest-ranking NFT collections on the platform: GameFi projects like Drunk Robots, and Cyber City, as well as the gaming guild Skill Guilds and the NFT launchpad Equinox.

Cross-chain Opportunities

Liquidifty allows you to sell or/and buy NFTs from the BNB chain and Polygon, very soon Ethereum, Avalanche, Fantom and others will be implemented. We are also developing cross-chain oracles that will analyze prices for NFTs on different blockchains and estimate the price of each NFT held by the users.

Individual artists can also easily create NFT collections and list them on Liquidifty. All assets are traded in BNB, Liquidifty (LQT), Metal and Polygon so far.

NFT Marketplace

With Liquidifty you can create an NFT-store for your project and make it custom by changing the appearance, description and attached links to your sources – the page is completely yours. Liquidifty specialists will support you during all the stages: from the launch to the analytics of the sales and more.

You can mint anything in one minute: 1/1 or multi-edition, song, movie, whatever you want with flexible royalties and changeable prices.

Liquidifty provides additional marketing support and sales mechanics like Mystery boxes, gleam campaigns, ama sessions and whitelists.

Launchpad

LQT Launchpad is a place where users can earn money by participating in IDOs, INOs, and Airdrops from the most anticipated GameFi, DeFi, and NFT projects. Users can also participate in weekly cash prizes and get tickets for Private sales.

To become a LQT Launchpad member, you need to buy NFT on the Liquidifty marketplace and hold it until you want to get special bonuses. There are Gas, Liquid, and Solid NFT-cards, which refer to three statuses for LQT Launchpad membership.

LQT Launchpad members can buy, sell, and trade these NFTs on the open market as they see fit.

Marketing Activities

Liquidifty team provides not only tech but also marketing and sales support. You will be offered collaboration with games for marketing exposure, additional promotion from influencers and paid socials, activities to raise the engagement and sales for your project.

#Liquidifty

Tiger Bank leads successful real-world professionals into the world of Web3 The actual exchange of assets in the virtual world for real resources

HONG KONG SAR – Media OutReach – 29 April 2022 – Tiger Bank announced a brand new NFT project that is friendly for all novices to NFT world. This project will guide beginners to understand NFT and blockchain through an easy-to-understand knowledge bridge. Tiger Bank hopes to help holders link the value of Web3 to Web2 to get practical business support through simple and easy-to-understand gameplay. In this community, successful people from all walks of life have gathered. Besides sharing experiences, opportunities and trends, the project owner also provides NFT-related news and marketing services.

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Project details: https://youtu.be/MRzhy85hUYQ

Web3, also known as the Third-Generation Web, differs totally from Web2 world. Web2 is dominated by tech giants, and everything is centralized and controlled by specific companies and organizations. However, with the vigorous development of blockchain technology, the world of Web3 has arrived, and decentralized services and products are gradually extended, in which builders, creators and participants can take part in the formulation of game rules. “Forbes” reported in January this year that the number of users of Web3 products worldwide has exceeded 10 million.

Holding “Tiger Bank NFT” and getting two increasing added-value plans

To help NFT enthusiasts who want to get a seat in the Web3 world as soon as possible, the project team has designed complete long-term value-added plans when the project is released. Therefore, relevant added value can continue to increase with the participation and interaction of the holders. This mechanism stems from the project’s unique “salary mechanism” – each NFT has its “salary leaderboard” besides its rarity, called “TigerDollar”.

These TigerDollars obtained in the Web3 world can be actually exchanged for real-world resources. For example, holders can pay TigerDollars for NFT master lecture tickets. If the holders have their own NFT projects, they can also by paying a certain amount of TigerDollar to get the resource support from the project party.

The first added-value plan is “community support”, which is a community that gathers successful people from all walks of life. As long as the holders join the Tiger Bank community, through the mechanism and communication activities designed by the project party, they can rapidly establish a personal network in Web3, where there are business partners and success stories, and holders from all over the world. This strong community also provides each other with opportunities and business potential to explore different regions and countries.

The second added-value plan is “game value-added”. The project party will hold various tasks in Discord. Holders can earn “TigerDollar” for their tigers through tasks. By interaction and participation, they can get more community support.

Tiger Bank was founded by Eagle Sky, an Asian digital marketing group. So Tiger Bank is not only a brand or project but also an experienced marketing and project management team. It is active in the marketing field of both Web2 and Web3. In the future, it will continue to support its NFT holders with valuable services and actions in the web2 world.

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VPBank announced important business plans and targets for 2022 at AGM

HANOI, VIETNAM – Media OutReach – 29 April 2022 Vietnam Prosperity Joint Stock Commercial Bank (VPBank) successfully held its Annual General Meeting (AGM) in Hanoi today, announcing various important business plans and targets for 2022, as part of an attempt to prepare for the bank’s next phase of growth in the future.

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At the AGM, VPBank was given a go-ahead by its shareholders to issue/offer its shares to staff under the ESOP scheme, and at the same time carry out the plan to further strengthen its capital via the share issuance from equity and the private placement with a strategic investor.

30 million of treasury stocks, accordingly, will be available for the bank staff at the preferential price of VND10,000 a share. Meanwhile, the bank decided to distribute 50% stock dividend to existing shareholders, using the bank’s undistributed profit after tax and reserve. The total value of the share issuance will increase the chartered capital from VND45.06 trillion to VND67.43 trillion.

In addition, the private placement worth up to 15% of the chartered capital to strategic foreign investor, once completed, will eventually bolster the bank’s chartered capital to VND79.33 trillion. The bank will accordingly lift its foreign ownership limit to 30% of the chartered capital to accommodate the private placement to the foreign investor accordingly. The proceeds obtained from the share issuance will be utilised to enhance VPBank’s financial and management capabilities, in order to extend the operation scale of the bank to serve growing credit demand.

Within the scope of the AGM, VPBank was also permitted to go through with the acquisition of OPES Insurance Company to expand its business lines to non-life and health insurance, to pair with its current life insurance business collaborated with AIA Vietnam. On the other hand, the bank will contribute VND20 trillion towards its securities arm of ASC – a subsidiary obtained earlier in the year, to tap into the investment banking and wealth management segments.

Aiming high for the year, VPBank set its business targets for 2022 with total assets growing at 27 per cent to VND697.4 trillion, credit growth at 35% to VND518.4 trillion and profit before tax bolstering by 107% to approximately VND29.7 trillion.

Last year, VPBank recorded a consolidated profit before tax of VND14.36 trillion, an increase of 10.3% year-on-year. Its total assets grew by 30.6 per cent to VND547.4 trillion while credit to customer jumped 18.9% to VND384.03 trillion, accomplishing 111% and 102% of the annual target, respectively.

About VPBank

Established in 1993, VPBank is currently one of biggest private banks in Vietnam. The bank operates in wide ranges of business including retail banking, corporate banking, wealth management and consumer finance. The objective of VPBank is to become a top-ranking retail bank among joint stock commercial banks in Vietnam in terms of business scale, market share and service quality. On that basis, VPBank shall make the highest profits for its shareholders, create stable jobs and career development opportunities for employees, and make considerable contributions to the State Budget and to the general development of the economy and society as well.

#VPBank

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

Schneider Electric: New Research Uncovers Edge Computing Challenges and Highlights Strategies for Future Proofing Edge Capabilities

  • Responses from more than 1,000 global IT professionals and decision-makers reveal drivers of edge computing deployments, challenges, and solutions for maintaining resilience, connectivity and supporting digital-first connected operations, that are secure, reliable, resilient and sustainable
  • Edge computing is a critical enabler of a transition to digital-first connected operations.
  • Designing, planning, building and maintaining the technology capabilities necessary to support the transition to connected operations can be challenging — from lack of access to skilled individuals for implementation and maintenance, to concerns around managing edge infrastructure at scale.
  • Resilient, secure, sustainable resources, remote software and digital service solutions, and trusted partners are critical to overcome the challenges and succeed at the edge.

HONG KONG SAR – Media OutReach – 29 April 2022 – Schneider Electric, the leader in digital transformation of energy management and automation, today unveiled findings from a newly commissioned IDC White Paper entitled, Succeeding at Digital First Connected Operations, that highlights the power of edge computing in enabling the shift to a digital-first world. The white paper details responses from over 1,000 IT and operations professionals across industrial, healthcare, education, and other verticals as well as a series of in-depth interviews with industrial enterprises. Respondents were global, representing firms in the United States, China, Japan, Germany, The United Kingdom, India, and Ireland. The organizations ranged in size from 100 to more than 1,000 employees. Responses provided insights about the factors driving edge investments, the challenges firms faced while deploying to the edge, obstacles to continued investment, and strategic recommendations to future-proof edge capabilities.

“As organizations seek to create new or improved experiences for customers and to become more operationally efficient, improve safety and security, and become more sustainable, they are leaning more on digital technologies. The white paper examines the crucial role that edge computing and edge deployments play in enabling digital-first, connected operations,” says Chris Hanley, SVP, Commercial Operations & Global Channels, leading edge commercial strategy, Schneider Electric. “It highlights strategies that IT professional and decision makers can adopt to future proof their edge computing capabilities to support remote, connected, secure, reliable, resilient, and sustainable operations.”

Edge computing is one of the major enablers of a digital-first paradigm. In fact, the most common use cases of edge infrastructure include cybersecurity systems to monitor the operational network locally as well as storing and processing operational data to bring it to the cloud. Further, when organizations were asked why they were investing in edge computing to support these workloads, respondents cited, “improve cybersecurity” (50%) and “systems resiliency and reliability” (44%). Yet, there are various challenges that organizations must overcome to ensure their edge infrastructure, and thus, their connected operations, are resilient and reliable. Despite the promise of the edge, many organizations report connectivity and power outage concerns. In fact, 32% of respondents have experienced a “lack of connectivity or slow connectivity” with their edge deployments. Further, 31% have experienced a “utility power outage or power surge lasting more than 60 seconds.”

Challenges to overcome when transitioning to digital-first connected operations

1) Security: Physical and cybersecurity concerns are high when connecting operations. This concern will require systems and processes that are tailored for this new paradigm. Yet, once connected to the cloud, the power of operational data can be harnessed to drive a host of new and enhanced use cases. Such data can enhance collaboration in the enterprise and enable remote operations capabilities that result in labor efficiencies while ensuring companies have resilient, remote operations capabilities.

2) Skills: The workforce needs to have the right skills to execute across technology settings and to be able to build alignment internally to drive change. This focus will require companies to engage with new ecosystem partners inside and outside of their organization.

3) Reliability: As more of the local operations capabilities are directly supported remotely through the connected edge, reliability is a critical concern.

“Resilient edge resources are the foundation for shifting to digital-first, connected operations,” said Jennifer Cooke, Research Director, Edge Strategies, IDC. “Organizations will become vulnerable if and when their technology fails. To future proof edge deployments, leaders must develop a strategy that addresses concerns, such as cybersecurity and connectivity issues, and ensures access to the skills required to maintain resilient edge infrastructures.”

How organizations can future-proof edge capabilities to support their transition to digital-first connected operations

  • Resilient, secure, sustainable power and connectivity resources: By including resilient power and connectivity resources early in the edge planning phases, companies can reduce the risk of downtime.
  • Remote Monitoring and Management of edge resources at large scale: The ongoing management of edge infrastructure at scale will challenge all organizations. Having the
    right skills in the right place at the right time will be difficult if not impossible. Ensure that your edge resources are equipped to support continuous remote monitoring and autonomous operation.
  • Trusted partners that can provide the necessary skills for the above edge resources: Consider trusted partners to provide industry best practices and service in situations or locations where it is not economically or physically feasible to do it yourself. Trusted service partners can often predict problems before they occur. Further, look for partners that also have a commitment to sustainability since among those surveyed, 82% cited commitment to sustainability as a selection criterion for edge solution providers

As a trusted partner and full solution provider, Schneider Electric works closely with customers in designing their strategies to ensure certainty, resiliency, security and sustainability throughout the design, deployment and management at the edge via:

  • Resilient, secure, connected and sustainable physical infrastructure solutions for any edge environment – delivering certainty in a connected world;
  • A cloud-based monitoring and management platform EcoStruxure IT providing remote visibility including security, data-driven insights and recommendations, reporting capabilities and digital service capabilities; and
  • An integrated ecosystem composed of IT Technology alliances, a global network of trusted experienced channel partners and service engineers as well as rules-based design tools.

Download the entire IDC White Paper, sponsored by Schneider Electric, Succeeding at Connected Operations with Edge Computing, doc #US48982222 , April 2022) here.

Explore Schneider Electric’s edge computing solutions and EcoStruxure IT solutions.

About EcoStruxure

EcoStruxure is Schneider Electric’s open, interoperable, IoT-enabled system architecture and platform. It delivers enhanced value around safety, reliability, efficiency, sustainability, and connectivity for customers. EcoStruxure leverages advancements in IoT, mobility, sensing, cloud, analytics, and cybersecurity to deliver innovation at every level. This includes connected products, edge computing control and apps, analytics, and services. EcoStruxure has been deployed in more than 480,000 sites, with the support of more than 20,000 system integrators and developers, connecting over 1.6 million assets under management through over 40 digital services.

Discover EcoStruxure

About Schneider Electric
Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.

Our mission is to be your digital partner for Sustainability and Efficiency.

We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.

We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.

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#SchneiderElectric #LifeIsOn #Sustainability #EdgeComputing #EcoStruxure