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Matthias Hendrichs joins MODIFI as Chief Commercial Officer

Former Apple Executive, Asia Pacific joins MODIFI as CCO to further exponential growth

BERLIN, GERMANY – Media OutReach – 3 May 2022 – Global fintech MODIFI today announced that Matthias Hendrichs joined its executive team as Chief Commercial Officer as of 2nd of May. Matthias joins MODIFI from Apple where he served as Head of Asia Pacific for Apple’s multi-billion dollar App Store & iTunes Retail Payments and Commerce business across 20 markets in Asia Pacific based out of Hong Kong.

Hendrichs completes the current executive team consisting of Nelson Holzner (CEO & Co-Founder), Sven Brauer (COO & Co-Founder) and Jan Wehrs (CTO & Co-Founder).

As MODIFI’s first non-founder C-Level appointment, Matthias will lead the market side of the business consisting of the global sales and marketing teams spanning China, Hong Kong, India, Bangladesh, Pakistan, the UAE, Germany, the Netherlands, the UK and the US.

“I am thrilled to join MODIFI at this exciting stage: MODIFI is growing 4x year on year across all major commercial regions. I am looking forward to driving this growth even further and to delivering more value for customers and partners around the world” says Hendrichs.

“We are delighted to welcome such an exceptional global leader to MODIFI. For 26 years Matthias has successfully developed strategies to scale, run and optimize complex businesses of all sizes. He has an exceptional track record of driving innovative and disruptive go-to-market strategies around the globe” says Nelson Holzner, MODIFI Co-Founder & CEO. “Together we will build the leading global commerce platform for business payments and trade management.”

About MODIFI:

MODIFI enables global commerce through a platform for business payments and trade management software. With MODIFI, sellers get paid instantly, while their buyers have the option to pay later. Our customers are also able to access a wide range of services that protect them from risk, and help them track and manage their shipments, all in one platform.

MODIFI is backed by MAERSK, GFC, Picus Capital, Intesa San Paolo and Heliad. Serving over 1,200 exporters and importers across more than 40 countries, MODIFI is present across Germany, the Netherlands, the UK, the US, the UAE, India, Bangladesh, Pakistan, China, Hong Kong, Bangladesh and Pakistan.

#MODIFI

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

Bangkok Mall Fossils Are Genuine, Say Geologists 

Fossils found in Bangkok mall walkway.
Fossils found in Bangkok mall walkway.

Decorative fossils embedded in the walkway of Bangkok’s Siam Square shopping mall have been examined by experts and found to be real. 

BingX Launches Innovative Blue Chip NFT Investing Through Crowdfunding

SINGAPORE – Media OutReach – 2 May 2022 – BingX, the world’s leading social trading platform, is excited to launch its inaugural NFT crowdfunding project. This project enables our users to participate and own a fragment of blue-chip NFT through the power of the community.

BingX-2-May.jpg

The NFT crowdfunding project which supports USDT/ETH pairings will be launched on the 29th of April, 2022, lasting for 14 days. During which, the NFT will be divided into multiple shards and users can choose to subscribe for a certain number of shards.

Investors can enjoy the subsequent benefits of the NFT, such as asset appreciation or airdrops. They can also choose to sell the fragments of the NFTs to others should the crowdfunding be successful (that is, the target NFT is successfully purchased).

Summer is fast approaching so we wanted to give our users something fun to kick off the season with. High-quality or well-known NFTs are often very expensive, so it is difficult for ordinary investors to invest alone. This is one of the key reasons why we are providing users with a lowered barrier to entry through crowdfunding. By allowing users to divide an NFT into multiple fragments, they can raise funds to buy it together. In turn, this will help bring the crypto community much closer.” – Global Communications Director at BingX, Elvisco Carrington.

Launching this innovative product in the CEX platform will bring better liquidity to the overall NFT market, while lowering the barriers to entry for BingX users. BingX is committed to developing and building an open, inclusive, high-worth cryptocurrency investment market to serve investors around the world.

About BingX

Founded in 2018, BingX has grown to become the world’s leading social trading platform. It is a global digital asset, spot, and derivatives trading platform that provides a safe, reliable, user-centric and open ecosystem with intuitive social trading features created to enrich the entire cryptocurrency industry. 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 , , & Coin. In the countries and regions where BingX operates, it has registered or obtained financial services licenses recognised and regulated by local governments.

#BingX

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

Vietnam Drops Test Requirements for Entry

Vietnam Airlines staff welcome foreign tourists arriving at Da Nang International Airport, November 17, 2021. Photo courtesy of Vietnam Airlines
Vietnam Airlines staff welcome foreign tourists arriving at Da Nang International Airport, November 17, 2021. Photo courtesy of Vietnam Airlines

As of this week, travelers entering Vietnam through Tan Son Nhat International Airport in Ho Chi Minh City no longer need to prove that they have tested negative for Covid-19.

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.