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Shop Online at iShopChangi this 11.11 and Save with our Biggest Sale of the Year

Get on board the biggest sale of the year at iShopChangi, with amazing flash vouchers and partner deals that will help you save a ton. Running from now till 14 November 2021, stack sitewide vouchers on top of both shop vouchers and brand deals to get up to 70% off!

SINGAPORE – Media OutReach – 3 November 2021 – There’s no better time to head online and start loading up your shopping cart on iShopChangi than for 11.11, the biggest sale of the year. On top of stackable flash vouchers to save even more on brands like ESTÉE LAUDER, PENFOLDS and MONTBLANC, there’s also free delivery Singapore-wide when you spend S$59 or more!

 

Don’t Miss Stackable Flash Vouchers

Get the most out of iShopChangi’s 11.11 campaign with stackable flash vouchers when you checkout. Whether you’re buying great wines and spirits, the latest electronics or must-have beauty products, these promo codes can be stacked on top of shop vouchers and brand deals so you get the biggest bang for your buck.

Grab flash deals over these two weeks. Till November 4, use 11FLASH22 to save S$22 off a minimum spend of S$20 and 11FLASH88 to take S$88 off a minimum spend of S$580. Meanwhile, 11FLASHOFF runs from November 5-7, featuring 11% off a minimum spend of S$250 ​with no discount cap.

If you plan on shopping between November 8-10, use 11FLASH111 for a huge saving of S$111 off a minimum spend of S$680. Finally, shop from November 11-14 with promo code 11FLASH to wipe 11% off with no minimum spend, discount capped at S$50.

 

Save with American Express

If you shop with American Express, here is how you can maximise your savings further! New shoppers to iShopChangi will get an incredible 20% off a minimum spend of S$150, capped at S$80. Just enter the promo code 20AMEXNEW21 when you checkout.

Existing iShopChangi customers can still access these huge savings, with 12% off a minimum spend of S$200, capped at S$50. Use the promo code 12AMEX21 when you’re carting out to get more for less.

Payment must be made with an American Express card for promotion to apply. Both vouchers run until November 30 2021, so grab them fast.    


Earn Perks with DBS/POSB

DBS/POSB cardmembers can also enjoy more discounts with promo codes exclusively for them. Till 31 March 2022, new iShopChangi customers can use 8DBS20NEW to take 20% off their purchase with no minimum spend, capped at S$30. While existing shoppers can add 8DBS25ALL to save S$25 off a minimum spend of S$200, promotion is valid till November 14 2021. Payment must be made with a DBS/POSB credit or debit card for promo to apply. These perks are just another way 11.11 is set to be an unforgettable shopping extravaganza.

In addition to massive savings, all shoppers can also earn up to 3% rebates with their Changi Rewards exclusive membership

About iShopChangi

iShopChangi was launched in 2013 as an extension of Changi Airport’s promise to deliver greater comfort and convenience to travellers in its suite of airport retail offerings. Passengers can browse and purchase tax- and duty-free products across all terminals between 30 days to 12 hours pre-flight on the e-store – and choose to collect their items at Collection Centres within departure, upon arrival or have them delivered free in Singapore. Providing easy access to over 30,000 products across 900 brands and exclusives such as Changi First product launches, the site has since received global recognition with its award for Best Website – Retail Customer Facing at The Moodies: the Airport and Travel Retail Digital Media Awards 2018. In early 2020, the e-commerce store started to retail a selection tax- and duty-absorbed products to Singapore-based residents without the need to fly.

#iShopChangi

Sink or Swim: Asia’s marine fisheries at risk of collapse, leading scientists warn

HONG KONG SAR – Media OutReach – 3 November 2021 – The combined impacts of climate change and overfishing mean Asia’s fisheries are at risk of collapse in the coming decades, according to new research released today.

Photo credit: Calton Law, further press materials available here.

 

The report Sink or Swim: The future of fisheries in the East and South China Sea shows that growing demand for fish-based feed in the aquaculture industry is an emerging driver of fisheries overexploitation in the East and South China Seas.

 

Under a severe climate change trajectory, which indicates a 2˚C warming by 2050, the South China Sea is likely to experience significant declines in key commercial fish and invertebrate species, placing many regional fishing economies at risk of devastating failure.

 

Scientists call for immediate action to reduce fishing effort in the next ten years in order to prevent irreparable damage to Asia’s key oceans. As the two most important fishing areas in the West Pacific in terms of productivity and economic value, the East and South China Seas have a combined trade valued at approximately US$100 billion.

 

Parts of these marine areas have experienced warming ten times the global average, whilst subject to decades of overfishing. Many commercially important species, such as chub mackerel or large yellow croakers, are currently classified as overexploited.

 

The research, conducted by University of British Columbia (UBC) fisheries scientists and ADM Capital Foundation, highlights key threats and risks of economic losses under a range of climate change and fisheries management scenarios.

 

The fisheries team applied advanced ecosystem modelling techniques to project the impacts of climate change and overfishing on fish populations and the revenues generated by the fisheries of the East and South China Seas.

 

“Under certain climate change scenarios, seafood species that are mainstays of the Hong Kong seafood market, such as groupers and threadfin breams, could be reduced to a fraction of their present population by the end of the century – if not driven completely to extinction,” explained Dr. Rashid Sumaila, Professor at the Institute for the Oceans and Fisheries and the School of Public Policy and Global Affairs at UBC.

 

“This is especially the case in the tropical waters of the South China Sea, where many fish species are already facing the limits of their heat tolerance,” he added.

 

The analysis specifically focuses on seafood species that are valuable to Hong Kong, where 95% of seafood consumed is imported and the annual value of imports rank amongst the highest in the world.

 

The severe climate change scenario estimated losses in revenues upwards of US$10bn annually for South China Sea fisheries. By comparison, US$3-7bn in losses are projected under a mild climate change scenario, equating to 1˚C in global warming by mid-century.

 

Combined with the effects of a severe climate change scenario, continued business-as-usual fishing intensity is expected to result in a 90% drop in key commercial species, by weight (biomass) in the South China Sea by the end of the century. This translates to a projected US$11.5bn of annual revenue losses.

 

The East China Sea is similarly expected to lose 20% of the biomass of its key commercial species under this same set of conditions. However, in a scenario where fishing intensity is reduced by 50% in the next ten years and climate change is mild (i.e., 1˚C warming by mid-century), the East China Sea has the potential to gain 20% in marine fisheries biomass by 2100 compared to present day.

 

The overexploitation of Asia’s fisheries has in part been driven by the growth of the aquaculture industry. Many commercial vessels now opt for a ‘quantity over quality’ approach to produce feed for farmed fish and animal feed – known as feed-grade fishing.

 

“Many people are unaware that aquaculture can contribute to overfishing, rather than counteract it,” said Dr Yvonne Sadovy, Honorary Professor at the University of Hong Kong. “By using wild-caught fish for aquaculture feed, we are harvesting juvenile fish of commercially important species and potentially jeopardizing future regional food security.”

 

The research highlights an urgent need to seek alternative protein sources for the aquaculture industry. By allowing juveniles to mature in the wild, modelling predicts that regional fisheries revenue would be over ten times higher than if current feed-grade fishing practices are continued.

 

“The research sets the foundation to initiate regional dialogues to collectively manage East and South China fisheries, especially including themes of climate change adaptation,” said Ashley Bang, an author of the report.

 

“With a strong commitment to regional fisheries management and climate change mitigation, our oceans can continue to support Asia’s human, social, and economic well-being to infinity,” said Dr. Rashid Sumaila of UBC. “The choice is ours to sink or swim.”

 

All eyes are on this week’s United Nations Climate Change Conference (COP26) which will determine whether the necessary actions will be taken to mitigate climate change. If not, the millions of livelihoods that depend on the East and South China Sea’s fisheries will spiral into crisis.

 

Read the full report here.

 

Cornerstone Launches Cornerstone Xplor to Enable “Back to Human” Strategies for Today’s Modern Business Leaders

With a skills-forward, AI-powered, extensible learning, coaching, career exploration and talent mobility experience that unites people and business in shared success

SINGAPORE and HONG KONG – Media OutReach – 3 November 2021 – Cornerstone OnDemand, Inc., a leader in adaptive HR solutions, today announced the release of its latest innovation, Cornerstone Xplor. A core component of the company’s vision for a new system of work, Cornerstone Xplor is a holistic people growth experience that delivers a fully integrated and hyper-personalized journey of learning, skill development, growth and career mobility for every person. Powered by Cornerstone’s deep learning and talent capabilities, its innovative Cornerstone Skills Graph, fresh and auto-curated content delivery and self-learning AI, the Cornerstone Xplor experience enables modern talent leaders to meet their people where they are with a highly individualized and fully connected growth experience, at scale. 


According to a recent McKinsey report, HR leaders have found themselves on a relentless treadmill to reduce costs, optimize processes and apply new technologies to their existing HR models. But the COVID-19 pandemic—which accelerated employee demands to meet physical and mental health needs and intensified concerns about a company’s societal impact—shed light on how previous priorities have caused HR to lose its vital human element. Many CHROs are eager to shift to a “back to human” model that re-focuses on people and addresses the employee experience in a more targeted, dynamic way. 


“Companies are in a mad scramble to train, reskill, and redeploy workers around the world, yet they have to integrate dozens of systems to do this well,” said Josh Bersin, Global Industry Analyst and CEO of The Josh Bersin Company. “Cornerstone Xplor has the potential to transform the HR Tech Market by combining the features of learning experience platforms, talent marketplace, career pathways, and advanced skills technology into one integrated system.”

 

Unlike traditional Learning Experience Platforms (LXP), or other similar applications designed to deliver various elements of the people growth journey in separate applications, Cornerstone Xplor is the first to bring every element of people growth into one single destination — and to do so by harnessing the power of the deep talent management capabilities, workflows, AI data and intelligence of Cornerstone’s core. Through this innovation, talent leaders can deliver a modern, engaging and individual experience to their people, while ensuring the experience leverages the investments they’ve already made and is fully aligned to their organizational goals, including:  

 

End-to-End Skills Alignment: With Cornerstone Xplor, people can select which skills they have, which they’d like to work on and even ones they’d like to ignore. That information is used to intelligently analyze and suggest new learning opportunities and the most relevant content, connect individuals with mentors and experts, engage them in communities of practice, and auto-generate potential career paths available within the organization. Once existing skills are identified and new skills are mastered, talent leaders can easily build and visualize skill pools, identify their experts and offer them new opportunities to grow in a way that both supports organizational transformation and removes implicit bias from those decisions.  

 

Scalable Self-Driven Development: Cornerstone Xplor delivers highly individualized and “self-driving” experiences for every user because it’s essentially powered by a person’s whole self: interests, preferences, behaviors, skills, work experiences and goals. With the power of AI, Cornerstone Xplor leverages people, content and skills data to auto-generate personalized learning and skill paths, deliver the most relevant, high-impact learning content in the moment of need and suggest new connections, mentors and career journeys along the way. This enables each user to direct their own development journey and enables talent leaders to deliver personalized, aligned and engaging learning experiences at scale – without all the heavy lifting. 

 

Talent Marketplace: Internal mobility exists at the intersection of experiences and skills, putting Cornerstone Xplor in a unique position to deliver on the promise of a modern talent marketplace. Cornerstone Xplor not only creates a skills-forward development experience for people, but enables people to match and connect those skills to potential new career paths and an auto-matched ”marketplace” of mentors, jobs, gigs and projects. This enables every person to proactively pursue a path that accelerates their own growth aspirations, while helping organizations to unlock the often-hidden expertise and skills inside their organization and reduce the need to constantly search for external talent. Long term plans for Cornerstone Xplor include allowing people to promote their skills and aspirations and enabling talent leaders to manage the search, hiring, onboarding and movement of people from role to role.

 

“Our customers are looking to Cornerstone to help them create a more human approach to their people experience. At the same time, they need to ensure their businesses are set up for transformation and for the skills and careers of tomorrow,” said Phil Saunders, CEO of Cornerstone. “Our vision for a new system of work is designed to help our customers and their people meet this evolving nature of work, together. Cornerstone Xplor is a key part of that vision. People can create their own growth experience that’s uniquely personal, and talent leaders can cultivate a workforce of connected, thriving people who are aligned in purpose and success.”

 

Early Market Feedback

Cornerstone launched the Cornerstone Xplor Early Adopter program in Summer 2021 and is working closely with customers and industry analysts to expand on features and functionality. Feedback from this program, as well as ongoing customer insights, will inform the long-term innovation strategy for the product. Early comments include:


  • “Employee experience has been a big focus for most organizations for some time, but the pandemic and its resulting social, cultural and economic consequences have made it business critical,” said David Wilson, CEO, Fosway Group. “In a hybrid workplace, organizations need to find new strategies to engage and connect employees to the work they are doing, as well as how they can grow and develop. A solution like Cornerstone Xplor can help organizations create a more connected experience for every employee, as well as accelerating their opportunities to grow and develop with a shared view of success.”
  • “It is critically important for individuals to navigate their own learning and development, and the organizations they work for need to create a personalized self-driven learning and growth experience that gives people the tools and inspiration to take the reins,” said Michael Rochelle, Chief Strategy Officer and Principal HCM Analyst, Brandon Hall Group. “With Cornerstone Xplor, organizations will be able to empower their people to be the master of their own destiny, resulting in a greater level of commitment and more meaningful milestones achieved for all.” 
  • “At Deutsche Post DHL we want to make it easy for every employee to be in control of their career,” said Meredith Wellard, VP Group Learning Talent and Platforms at Deutsche Post DHL. “We plan to do this by ensuring the experience linked to skills development is delightful, and by creating greater transparency of current and recommended skills aligned with each person’s career goals and unique career path. We have made great progress developing this with the help of the Cornerstone Skills Graph technology over the past year, and we look forward to implementing Cornerstone Xplor to make the experience even more seamless and easy for our people. We are excited about how aligned this solution is with our business goals.”
  • “We want to provide the best experience for our employees by making it simple and easy for them to gain the knowledge they need for the role they have and the roles they want at Fossil Group in the future,” James Webb, VP, Global People Development, Engagement and Communications, Fossil Group. “Cornerstone, Xplor will create a real opportunity to enable easy and relevant learning, matched with personalized career mapping, that better aligns with how our people think about their own development and their long-term career aspirations at Fossil Group.”


Additional Information

Cornerstone Xplor is now available to all new and existing Cornerstone customers. New and existing Saba Software customers will be able to use the new product by the end of 2021. 

 

The company will be sharing more about Cornerstone Xplor during its annual customer and partner event, Cornerstone Convergence from Nov. 16-17, 2021. To join the complementary virtual event, register here: https://www.cornerstoneconvergence.com/

About Cornerstone

Cornerstone powers the future-ready workforce with adaptive HR software designed to unite people, teams, technology and business to inspire a work environment of growth, agility and success for all. With an AI-powered and skills-forward system designed for the contemporary workforce, we help organizations modernize their learning and development experience, deliver the most relevant content from anywhere, accelerate talent and career mobility and establish skills as the universal language of growth and success across their business. Cornerstone serves over 6,000 customers and 75M users and is available in 180 countries and 50 languages. https://www.cornerstoneondemand.com/

#Cornerstone

GEODIS commits investment in Autonomous Mobile Robots for its distribution centre in Hong Kong, SAR China

Leading transport and logistics provider is investing in warehouse-based robotics and automation technology supplied by Geek+ to accelerate a shift towards digitalization. Move is in part a rection to the sustained eCommerce boom and the requirement for swift order fulfilment.

HONG KONG SAR – Media OutReach – 3 November 2021 – GEODIS today announced the deployment of Autonomous Mobile Robots (AMR) from Geek+, a global technology company specialized in smart logistics through advanced robotics and artificial intelligence (AI), at its Yuen Long Warehouse Distribution Centre (YLDC) in Hong Kong, SAR China. The YLDC will be provided with an exclusive AMR operating area with QR coding to guide automated operations.  The smart facility underlines GEODIS’ digital-first outlook to future operations.

GEODIS commits investment in Autonomous Mobile Robots for its distribution centre in Hong Kong, SAR China

 

Onno Boots, Regional President & CEO, Asia Pacific said: “Our investments in this AI-driven automation system brings substantial value to GEODIS’ eCommerce and retail customers by addressing some of the key challenges they face today. These solutions not only bring long-term cost-savings, operational efficiencies, and safety, but also enable us to maintain high-quality control standards while providing customers greater speed and flexibility of movement of goods.”

  

GEODIS’ initial project AMR deployment features customized storage racks and shelves that do not require aisles in between while parked. This high-density storage buffer allows GEODIS to maximize its storage capacity for improved customer fulfillment processes. Furthermore, the Geek+ robots will be used for locating, tracking, and moving inventory through “Goods-to-Person Picking” solutions. This method allows orders to be delivered directly to pick and pack stations, eliminating any movement time needed by operators to search for items.

 

In addition to improved real estate utilization, AMR adoption minimizes manual labor and reduces the risk of human error—improving picking accuracy and reducing inventory count errors. The use of AMR will also mitigate some of the challenges brought on by COVID-19, such as social distancing protocols in warehouses.

 

“Today’s announcement demonstrates GEODIS’ continued commitment to innovation and its momentum in addressing the increasingly complex production and challenges in the Hong Kong Contract Logistics (HKCL) landscape in the last two years.” Chris Cahill, Managing Director, North Asia Sub-Region said. “In the long run, digital solutions and technologies like robotics and AI give us more data and insights so we can continue to finesse our operations to fulfill the needs of our customers.”

 

“The announcement reveals Geek+’ determination to support companies worldwide with technologies that can streamline operations, transforming the global supply chain to address increasingly complex logistics challenges.” Lit Fung, VP and Managing Director of Geek+ APAC, UK and Americas, said. “We will continue help GEODIS better manage changes in demand, quickly scale in line with business growth, and provide customers with better products and service capabilities.”

 

The Geek+ solution advances GEODIS’ goal of boosting its smart logistics portfolio and provides a competitive edge to meet the rising demands for agility and accuracy amidst soaring demand in the eCommerce, retail and FMCG segments. GEODIS has around 250 autonomous mobile robots worldwide.

 

GEODIS – www.geodis.com

GEODIS is a global leading transport and logistics services provider recognized for its commitment to helping clients overcome their logistical constraints. GEODIS’ growth-focused offerings (Supply Chain Optimization, Freight Forwarding, Contract Logistics, Distribution & Express, and Road Transport) coupled with the company’s truly global reach thanks to a global network spanning nearly 170 countries, translates in top business rankings, #1 in France and #7 worldwide. In 2020, GEODIS accounted for over 41,000 employees globally and generated €8.4 billion in sales.

#GEODIS

UK-based FinTech Darwinex adds US equity strategies to its direct-indexing platform

In addition to execution in 800+ liquid US stocks, equity-based strategies participate in Darwinex’s seed capital allocation programme for up to €90M a year

LONDON, UK – Comunicae – 3 November 2021 – Darwinex, UK FCA regulated FinTech, completed another milestone in its product rollout plan. Stock traders can now choose from more than 800 US stocks, eligible to participate in Darwinex’s seed allocation programme.

The eligible stock universe includes the 800 most liquid US stocks like Apple, Amazon, Google, Netflix and many others. Equity based Indexes are a long-requested feature on the platform, which already offers more than 3,000 FX and commodities strategies to investors.

 

Darwinex will seed equity based indexes – which it calls “DARWINs”. The seed programme allocates up to €90 million notional a year to the most compelling indices, paying providers 15% performance. Indices will open up for 3rd party capital as a next step.

 

“Our vision is to be the online platform where traders monetize investor capital, at next to zero cost. Supporting US stocks is another milestone in supporting all major asset classes and broadens the investable talent pool. We’ll pave the way for investors by seeding €90 million and open indices to retail and professional investors very soon”. Darwinex co-founder and CEO, Juan Colón, said.

In addition to US Equities, Darwinex already on-boards futures-based strategy providers. Providers accrue track-records in over 60 future contracts via Interactive Brokers’ Trader Workstation (TWS). Futures based strategies will follow the equity path – enter the seed programme first and open to investor capital thereafter.

About Darwinex (Tradeslide Trading Tech Limited):

Darwinex is a FCA (UK) regulated FinTech company (FRN 586466). It owns a Broker and an Asset Management arm. Darwinex sources multi-asset strategies via its Brokerage unit and packages them for onward direct-indexing via its asset management arm. Strategy providers enjoy regulatory cover to monetize investor capital, whilst investors are protected by arm’s length risk management.

Founded in 2012, Darwinex employs over 60 people across London headquarters and develops proprietary technology in Madrid’s (Spain) office. Darwinex remains founder-led, has recently received €3M funding, and grew revenue by 72% in 2020 posting operational profits.

Darwinex is arguably the fastest, and lowest cost online path for talent to legally attract and monetize investor capital, without compliance or administrative overhead.

More information about Darwinex stocks offering: www.darwinex.com

Disclaimer: The issuer is solely responsible for the content of this press release.

#Darwinex

Sincere Insurance and Financial Consultant new online platform for wealth management insurance consultants is officially launched

HONG KONG SAR – Media OutReach – 3 November 2021 – For the new line type of insurance products and all kinds of financial, fund and investment protection products to provide professional advice.

 

Sincere Insurance and Financial Consultant has officially launched a new online platform for wealth management insurance consultants ( www.sincereif.com ). With an easy-to-use customer-experienced interface and quick insurance consultation, the platform makes it easier for customers to purchase and understand different types of insurance products.

 

Sincere Insurance and Financial Consultant new online platform for wealth management insurance consultants is part of the expansion of sales business, and hopes to provide diversified sales channels, provide insurance consulting services to more customers, and implement the brand’s “professional and caring” concept. The multi-faceted protection of the platform includes labor Insurance , Medical Insurance , Voluntary Medical Insurance , Accident Insurance , Personal Accident Insurance , Domestic Helper Insurance , Foreign Domestic Helper Insurance , Critical Illness Insurance , Life Insurance , Education Fund Insurance , Mortgage Insurance and other Insurance products, covering life , Health, savings, Investment , and Financial Management , to protect customers’ various needs, confirm that the policy can be approved and effective within the same day as soon as possible, which is convenient and quick.

 

Sincere’s new online platform for insurance consultants is dedicated to providing appropriate advice for “Policy Reverse Mortgage” and “building Reverse Mortgage“, aiming to enable retirees to use reverse mortgage loans to enjoy a comfortable retirement life.

 

Under Reverse Mortgage loans, borrowers can choose to receive a fixed monthly annuity during a fixed or lifetime annuity period. Borrowers can also withdraw a lump sum loan to deal with special circumstances. Unless the Reverse Mortgage loan is terminated under certain circumstances, under normal circumstances, the borrower will not need to repay the loan for life.

 

When the Reverse Mortgage loan is terminated, the property owner (or his personal representative) can give priority to repay the Reverse Mortgage loan in full to redeem the mortgaged property, otherwise the lending institution will sell the mortgaged property to repay the relevant loan. If there is a difference, it will be borne by the insurance company according to the insurance arrangement with the lending institution. If there is any balance, the lending institution will refund it to the property owner.

 

Meanwhile, Sincere Insurance and Financial Consultant provide product advice for platform wealth management and investment types, from current Savings , Savings , MPF , TAX Deductions , Funds , to future Annuities , Deferred Annuities , Property Purchases , mortgages , and Education Funds , inheritance , trust , asset allocation , wealth inheritance , family office , Reverse Mortgage , leveraged investment , fund investment , retirement planning , retirement wealth management , financial planning , policy loans , premium financing, etc., allowing customers to flexibly improve according to their different needs in life protection or plan your life better.

About Sincere Insurance and Financial Consultant

Sincere Insurance and Financial Consultant provide diversified opinions on Hong Kong insurance products and provide different types of insurance consulting services. The service scope covers life, health, savings, investment , Wealth Management and other protection services. Sincere Insurance and Financial Consultant value everyone With the recognition and trust of customers, we are committed to establishing a partnership of mutual trust and mutual dependence. Adhering to the customer-first spirit, employees are required to abide by the highest standards of integrity and behavior, and to support the protection needs of different customers with professional, pragmatic and caring services . Therefore, professional Insurance Licensing Courses will continue to be trained to keep their professional and regulatory knowledge, and understanding of ethical standards up to date, to ensure that they have the professional ability and level to provide protection services for policyholders and potential policyholders.

Sincere Insurance and Financial Consultant provide Universal Life Insurance and Voluntary Medical Insurance plans , general Insurance , Group Medical Insurance and Financial Planning consulting services. Sincere Insurance and Financial Consultant will also share some of the insurance finance and the insurance information, such as Millionaires , Pot of gold , Bumper Beam , Save Money Raiders , On the train , On the bus plate , Mortgage , Reverse Mortgage , MPF free exercise , MPF integration , MPF Contributions , Annuity Comparison , Group Medical Insurance Comparison , Labor Insurance , Voluntary Medical Insurance Comparison , Critical Illness Insurance Comparison ,TAX Deductions.

For more information, please visit www.sincereif.com

#SincereInsuranceandFinancialConsultant

Laos to Mine Bitcoin and Repay National Debt

Laos to mine bitcoin and repay national debt
Laos to mine bitcoin and repay national debt (Photo: Executium)

 

The government of Laos hopes to earn LAK two trillion in revenue from mining and trading the bitcoin cryptocurrency.

Laos Sees Foreign Currency Outflow of Over USD 303 Million this Year

Laos Engages International Rating Agencies for International Dollar Bond Debut

The Lao government has reported a foreign currency outflow of over USD 303 million in the first nine months of this year.