28.3 C
Vientiane
Sunday, July 20, 2025
spot_img
Home Blog Page 3002

Fifth Lao-Thai Friendship Bridge Four Percent Complete

Fifth Lao-Thai Friendship Bridge Four Percent Complete

The 5th Lao-Thai Friendship Bridge, which links Beung Kan Province in northeastern Thailand to Paksan, Bolikhamxay Province in Laos, is now four percent complete.

Arlo Introduces Newest Addition to Its Award-Winning Ultra Series with Ultra 2 Camera

Latest Ultra series camera delivers an ultimate user experience with features such as 4K HDR and 180-degree FOV

 

SINGAPORE – Media OutReach – 16 June 2021 – Arlo Technologies, Inc. (NYSE: ARLO), one of the leading internet-connected camera brands, today announced the addition to its award-winning Ultra Series of security cameras – the Ultra 2 Wire-Free Spotlight Camera System.

The Ultra 2 delivers an enhanced user experience, building on advanced features such as 4K video with HDR, an ultra-wide, 180-degree field of view, and more. Starting at a RRP of S$1,199 for a two-camera kit, S$1,599 for a three-camera kit and S$499 for an Ultra 2 add on camera, the Ultra 2 range is rolling out at major retailers nationally in June 2021 including Harvey Norman, Challenger and the official Arlo store on Lazada Singapore, Shopee Singapore and Amazon Singapore.

“Peace of mind should come without compromise which is why we continue to innovate the industry-leading products within the Arlo ecosystem. The Ultra 2 offers best-in-class features, providing added flexibility that enables home and business owners to choose the camera that best suits their needs,” said Brad Little, Vice President & Managing Director APAC. “Ultra 2 expands placement options with an award-winning, wire-free design, a long-lasting rechargeable battery and of course, customised Arlo Smart notifications via the Arlo app, enabling users to confidently take control of their security.”

The Ultra 2 Wire-Free Spotlight Camera System boasts advanced, category-leading features that deliver ultimate peace of mind for home and business owners. Arlo’s AI subscription-based service, Arlo Smart, compliments the hardware to deliver total protection. Users receive a complimentary three-month Arlo Smart trial included with their purchase. Arlo Smart provides extended 30-day rolling cloud storage of 4K UHD video recordings, for added peace of mind. Smarter, customisable notifications enable Arlo Smart users to detect people, vehicles, animals or packages1. Controlled entirely through the Arlo app, users can easily view live streams and recordings, adjust their camera settings or access cloud recordings.

Features of the Ultra 2 Wire-Free Spotlight Camera System include:

  • 4K Video with HDR: Zoom in to see sharp details with 4K and HDR advanced image quality technologies
  • Auto Zoom and Tracking: Auto-focus on moving objects with clarity and detail
  • 180-Degree Viewing Angle: See more with a wider-angle lens that has auto image correction to reduce the fish-eye effect
  • Premium Two-Way Audio: Listen and speak to visitors with crystal-clear, two-way audio that reduces wind and noise
  • Integrated Spotlight: Light up the night and ward off unwelcome guests
  • Built-In Smart Siren: Automatically triggered by motion or audio, or manually triggered via the Arlo App for added protection
  • Colour Night Vision: See what’s lurking with colour night vision allowing you to see video in colour rather than traditional black and white
  • Weather-Resistant Design: Built to withstand heat, cold, rain or sun for seamless installation anywhere
  • Rechargeable Battery: Wire-free design boasts up to six months of battery life on one charge2
  • Advanced SmartHub: Connect with other smart home devices for simplified management
  • Platform Compatibility: Works with Amazon Alexa, Google Assistant, Apple Homekit, SmartThings and IFTTT for easy interaction, automation and control.

For more information on the full range of Arlo smart home security products and services, visit http://www.arlo.com/asia.

1 Personalised alerts made available through the complimentary three-month Arlo Smart trial subscription

2 Based on usage of 4000 seconds per month, 30 seconds per stream, and day/night event splits 2:1. Will vary with device settings, use, activity captured and environmental factors

About Arlo Technologies, Inc.

Arlo is the award-winning, industry leader that is transforming the way people experience the connected lifestyle. Arlo’s deep expertise in product design, wireless connectivity, cloud infrastructure and cutting-edge AI capabilities focuses on delivering a seamless, smart home experience for Arlo users that is easy to setup and interact with every day. The company’s cloud-based platform provides users with visibility, insight and a powerful means to help protect and connect in real-time with the people and things that matter most, from any location with a Wi-Fi or a mobile connection. To date, Arlo has launched several categories of award-winning smart connected devices, including wire-free smart Wi-Fi and 4G-enabled security cameras, audio and video doorbells, and floodlight.

With a mission to bring users peace of mind, Arlo is as passionate about protecting user privacy as it is about safeguarding homes and families. Arlo is committed to supporting industry standards for data protection designed to keep users’ personal information private and in their control. Arlo doesn’t monetise personal data, provides enhanced controls for user data, supports privacy legislation, keeps user data safely secure, and puts security at the forefront of company culture.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:

This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. The words “anticipate,” “expect,” “believe,” “will,” “may,” “should,” “estimate,” “project,” “outlook,” “forecast” or other similar words are used to identify such forward-looking statements. However, the absence of these words does not mean that the statements are not forward-looking. The forward-looking statements represent Arlo Technologies, Inc.’s expectations or beliefs concerning future events based on information available at the time such statements were made and include statements regarding: Arlo Essential Wire-Free Video Doorbell, Arlo Smart, and future Arlo products. These statements are based on management’s current expectations and are subject to certain risks and uncertainties, including the following: future demand for the Company’s products may be lower than anticipated; consumers may choose not to adopt the Company’s new product offerings or adopt competing products; and product performance may be adversely affected by real world operating conditions. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. Therefore, actual outcomes and results may differ materially from what is expressed or forecast in such forward-looking statements. Further information on potential risk factors that could affect Arlo and its business are detailed in the Company’s periodic filings with the Securities and Exchange Commission, including, but not limited to, those risk factors described in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019. Given these circumstances, you should not place undue reliance on these forward-looking statements. Arlo undertakes no obligation to release publicly any revisions to any forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

#Arlo

Start-Ups in Singapore Pay Less Than Their U.S. Counterparts: Aon

  • The base salary at start-ups in Singapore is 12% lower than the U.S. across Managerial levels and 32% lower across Professional individual contributor roles.
  • Start-ups pay 6% more at the Professional individual contributor level in comparison to all companies in the General industry as well as the broader Tech industry within Singapore.

SINGAPORE – Media OutReach – 16 June 2021 – Aon plc (NYSE: AON), a leading global professional services firm providing a broad range of risk, retirement and health solutions, has released the results of Aon’s 2021 Private Market Compensation survey. The study, a first of its kind in Southeast Asia, focuses on critical compensation data to help organisations create a compelling compensation package that can differentiate an employer from the competition and aid in scalable hiring plans.

Base salary trends change at higher levels for Singapore start-ups

The study found that base salaries at Singapore start-ups pay more (6%) than those in the broader Technology (Tech) and General industries, across Professional individual contributor levels.

The playing field levels out at Managerial levels, with start-ups paying 5% less than companies within the General and broader Tech industries. Whilst base pay quantum is quite similar across the three categories of companies, variable pay (cash and equity) tends to take up a significant proportion of total compensation in larger organisations, as compared to start-ups.

Key differences in base pay of start-ups in Singapore and the U.S.

Start-ups in Singapore enjoy a large talent cost advantage compared to their U.S. counterparts. The study finds that the cost of comparable talent in Singapore is significantly lower at both the Professional individual contributor and Managerial levels. The base salary of start-ups in Singapore compared to the U.S. is, on an average, 12% lower across Managerial levels and 32% lower across Professional individual contributor levels.

However, while the base salaries are lower, Singapore start-ups are more aggressive with their target performance bonus (cash) plans than their U.S. counterparts.

At the Managerial level, target bonus for start-ups in Singapore is at 20% compared to 13% in the U.S. At the Professional individual contributor level, target bonuses were also reported to be higher in Singapore (15%) than in the U.S. (10%). The study also finds that start-ups in Singapore are more inclined toward cash-based incentives than their U.S. counterparts.

Ray Everett, CEO, Asia Pacific and the Middle East & Africa for Human Capital solutions, Aon, said:

“The rapidly evolving business environment is compelling entrepreneurs to look for low-cost geographies that support ease of business and fast track the development of their solutions. Substantial talent cost arbitrage coupled with availability of strong technical talent makes Singapore a preferred destination for start-up founders and investors.”

Equity trends among Singapore start-ups

U.S. start-ups have traditionally used equity for wealth creation for employees, across all levels. For example, the study finds that 100% of the U.S. start-ups surveyed extend equity to all Executive, Managerial and Professional individual contributor levels. Ninety percent of them also extend equity awards to Entry and Support level roles.

Contrastingly, 90% of start-ups in Singapore tend to have equity plans predominantly for roles that are at Managerial levels and above. Only 6% of start-ups in Singapore with less than USD 25 million invested capital have structured equity plans.

However, the study finds an increasing trend over the past two-three years wherein start-ups in Singapore are expanding the eligibility criteria for equity ownership to more levels within their organisations. New and smaller businesses are increasingly moving towards this model of equity compensation for broader levels with the aim to promote an ownership culture and attract the right kind of entrepreneurial talent, regardless of role level.

Clear differentiation between Tech and Non-Tech roles

There is a clear differentiation in equity guidelines between Tech and Non-Tech roles among both Singapore and U.S. start-ups.

Tech talent are provided with higher ownership percentages in both countries. In Tech roles, equity guidelines are close, with 0.076% for the U.S. and 0.055% for Singapore, at the Professional individual contributor level. For Non-Tech roles at the same level, there is a gap between U.S. (0.038%) and Singapore (0.017%) companies.


Ravi Nippani, Associate Partner, Asia Pacific and the Middle East & Africa for Human Capital solutions, Aon, said, “Singapore-based founders are increasingly using equity as a preferred vehicle of compensation, to attract, retain and reward key talent. In these uncertain times, this also helps conserve much needed cash reserves. The lower talent costs result in significant savings that can be deployed to product development in the initial stages of the start-up.”


About the Study

Aon’s 2021 Private Market Compensation survey was conducted in collaboration with SGInnovate and concluded in the first quarter of 2021. Start-ups of various sizes in Southeast Asia participated in the survey. The first of its kind in the region, the study supports companies operating in highly competitive markets for talent by providing valuable insights on rewards practices within the start-up space. The study covers information on key compensation elements – fixed pay, cash incentives and equity awards – across an extensive collection of jobs focused specifically on the private market sector.

About Aon

Aon plc (NYSE: AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.

Follow Aon on Twitter and LinkedIn
Stay up to date by visiting the Aon Newsroom and hear from Aon’s expert advisors in The One Brief.

Sign up for News Alerts here

#Aon

Dash Living rolls out its first co-living project in Australia

Expanding its footprint to the Asia Pacific region

 

HONG KONG SAR – Media OutReach – 16 June 2021 – Dash Living, Asia’s pre-eminent serviced living community, today announced that it has taken over the Hmlet St Peters in Sydney, a 82-room property located on the fringe of Sydney’s central business district. The property will soon be renamed as Dash Living St Peters.

The property in St Peters is in one of Sydney’s liveliest districts, just a five-minute walk from the train station and close to Marrickville Metro Centre. There are multiple bus stops, along with a wide selection of hip bars, local eateries and a diverse range of shops nearby. Sydney Park is about 200 meters away.

Dash Living’s takeover of the property marks the first step of its expansion into Australia, and also its first after raising more than US$8.8 million in series A funding announced in March this year. The move is a milestone in Dash Living’s rapid expansion across Asia-Pacific, one that reflects its commitment and drive to provide more flexibility and a better living experience to people living in or visiting expensive cities in the region.

“The takeover of St Peters property is a significant milestone for us to expand Dash Living’s network into Australia. With the prime location in Sydney, we’re very pleased to include it as the first project and offer affordable accommodation for our tenants, to enjoy the great value and building facilities. Additionally, all tenants get access to our global centralized customer service & tenant community including events & lifestyle perks.” said Aaron Lee, Founder of Dash Living. “This property fits very well into Dash Living’s concept of co-living and sharing economy.”

The St Peters property has 82 rooms in total with a wide variety of room and suite types, including its affordable, functional and cosy pocket rooms, regular and master rooms, through to apartments with up to four bedrooms. Tenants can enjoy the barbecue facilities and the outdoor green space that allows guests to mingle with other like-minded people staying there, and explore the gym, café and other eateries in the neighbourhood. It’s an ideal location for all sorts of customers from urban professionals to big families.

“We’re seeing strong demand for co-living across the leading cities in Asia Pacific and are very positive about the sector,” said Lee. “Dash Living will continue to expand its footprint in particularly in Japan and Australia, as well as further strengthen our presence in Southeast Asia.”

Founded by entrepreneur Aaron Lee in 2014, Dash Living has adopted an asset-light management model for long stay, along with software as a service (SAAS) with landlords. The success of the model is reflected in its growth across Asia Pacific. With the property in St Peters, Dash Living now has more than 1,300 units comprising serviced apartments, co-living homes and hotel rooms.

About Dash Living

Dash Living is Asia’s new generation of rental solution in Hong Kong, Singapore, Tokyo, and Sydney. Venture capital backed by MindWorks Ventures, Grosvenor, Taronga Ventures, and more, and founded by serial entrepreneur Aaron Lee, Dash Living’s mission is to create a global accommodation community through sharing economies, tech, and unique tenant experiences, empowering discerning urban professionals to live and thrive in the most expensive cities in the world.

Website: www.dash.co

#DashLiving

WELLE Kicks Off Full-Scale Digital Transformation Journey with Infor

CHANGZHOU, CHINA – Media OutReach – 16 June 2021 Infor, the industry cloud company, today announced that WELL Environmental Group (WELLE) has selected Infor as its digital transformation partner to help develop an ERP-based information management system leveraging Infor LN in an effort to reduce production and maintenance costs, boost profits and enhance competitiveness.

(left) Becky Xie, Infor Vice President and Managing Director for Greater China and Korea
(right) Li Yao, Vice President of WELLE Environmental Technology Group Limited

Learn more about Infor LN: https://www.infor.com/solutions/erp/ln

Getting a digital jump on the competition, with Infor’s help

In 2020, WELLE laid out a new company strategy, bringing together digital technology and industry development in a bid to achieve strong results in the digitalization of production and enterprise management. As WELLE entered a new phase of growth in 2020, it sought to get an economic and competitive edge by mounting an innovation-driven digital transformation with Infor as its strategic business partner. The company was confident Infor’s robust, purpose-built ERP solution would allow it to:

  • Digitally-connect the entire project lifecycle from marketing and sales, to design and procurement
  • Better manage costs, digitally manage the supply chain, and standardize project management processes from beginning to end
  • Reduce energy consumption, energy costs and carbon emissions

Why Infor?

There is a large number of enterprises engaged in the environmental protection industry in China. However, this market is relatively small and homogenized, and enterprises urgently need to reduce costs and increase efficiency through digital transformation to hone their competitive edge.

Enterprises such as WELE have long been seen as engineering companies by those outside the industry. However, WELLE is working to change its corporate positioning to become a comprehensive technology company that provides products and services. Through this process, WELLE is seeking to better connect its business operations and finances, while optimizing and standardizing its processes, thereby empowering its industry partners and strengthening its capabilities. It wants to leverage digital capacities to set itself apart from the competition, and to help its clients create more value.

WELLE selected Infor as its digital transformation partner due to the latter’s deep industry experience and a proven track record of successful deployments.

“Digitalization is the future of the environmental protection industry, and WELLE’s digital operations management system is currently deployed across more than 50 projects,” said Li Yao, Vice President of WELLE Environmental Technology Group Limited. “We are pleased to have chosen Infor as our partner in our digital journey. Infor not only fully understands the uniqueness of the environmental protection industry, their industry-specific solutions will also help us digitalize our processes and standardize management on a single system with agility and ease.”

Protecting the environment and our future with Infor

Given recent calls from Chinese leadership to ramp up energy conservation and environmental protection efforts, enterprises that specialize in this field such as WELLE are faced with both enormous challenges and opportunities moving forward. With this strategic partnership with Infor, WELLE is looking to promote digital, intelligent solutions spanning ERP, HR, finance, marketing, project management and more, to accelerate the development of a data management system and unify management. This will help WELLE reduce overheads while increasing efficiency, and revolutionize management through digital means with the creation of a digital management platorm, and ultimately enhance value for customers.

“The successful partnership between Infor and WELLE is a reflection of Infor’s deep commitment to vertical markets and environmental responsibility,” said Becky Xie, Infor Vice President and Managing Director for Greater China and Korea. “With China’s carbon-neutral and peak-carbon goals set, the low carbon and environmental protection industries will be playing an imperative role in the country’s green transformation. We are delighted to work with WELLE, a leader in the environmental protection industry, to build an ERP-based enterprise information management system to enhance their competitiveness, while helping China and the world move toward a greener future through technological innovation and Infor’s industry-specific solutions finely-tuned in the cloud.”

Media contact
Phyllis Tan

Infor Asia Pacific
+65 9799 9133

Phyllis.tan@infor.com

About WELLE Environmental Group

Founded in 2003, WELLE Environmental Group officially listed on the Shenzhen Stock Exchange in 2011. Now with more than 2,000 employees, WELLE is an environmental protection enterprise overseeing projects in municipal, agricultural and rural environmental protection both in China and abroad and occupying a leading position in food and kitchen waste treatment, waste leachate treatment, biogas and bio-methane generation, VOC recovery and other market segments.

About Infor

Infor is a global leader in business cloud software specialized by industry. Providing mission-critical enterprise applications to 67,000 customers in more than 175 countries, Infor software is designed to deliver more value and less risk, with more sustainable operational advantages. We empower our 17,000 employees to leverage their deep industry expertise and use data-driven insights to create, learn and adapt quickly to solve emerging business and industry challenges. Infor is committed to providing our customers with modern tools to transform their business and accelerate their own path to innovation. To learn more, please visit www.infor.com.

#Infor

Taiwanese Online Learning Startups Flourish During Pandemic, Make Headway in APAC

TAIPEI, TAIWAN – Media OutReach – 15 June 2021 – The COVID-19 pandemic has led to a boom in homeschooling. At the same time, it has accelerated the development of online learning platforms around the world. According to the “2020 Asia-Pacific Independent Learning White Paper” published by the online self-learning startup Snapask, COVID-19 has changed the way we learn in many countries. The number of Snapask users has increased exponentially in Asia-Pacific (APAC), especially in Korea (275%) and Japan (173%). According to the “2021 White Paper” published by Taiwan’s biggest online education platform Hahow, in 2020, its number of users increased by 60%, its revenue doubled to reach 270 million NTD, and traffic to its online platforms grew by 150%.

Taiwanese online learning startups Hahow, VoiceTube and Snapask flourish during Pandemic

In mid-May, the number of COVID cases spiked in Taiwan. Concurrently, traffic for Hahow’s enterprise-level courses “Hahow for Business” grew by 200%, while the average time spent on these courses more than doubled. The online English-learning platform VoiceTube reported that the number of web version users grew 75% month-over-month, while the number of new registrations on Snapask grew 35% month-over-month. All this goes to show that education has moved online after schools closed. Students are eagerly looking for learning resources on the internet to educate and improve themselves.

Hahow, VoiceTube, and Snapask are three online learning platforms that are participating in “EduStartup 20+”, a startup accelerator program cocreated by Taiwan’s National Development Council and CommonWealth Parenting, the most influential education brand in the Chinese-speaking world. All three companies are pursuing a proactive market strategy that will expand their presence in the APAC region. For example, Hahow is targeting Chinese-speaking users in Singapore, Hong Kong, and Malaysia. By developing suitable intellectual property for lecturers, Hahow seeks to optimize its user experience by promoting content overseas and attracting international traffic. By providing educational content for free in smaller packages, VoiceTube has so far been able to secure 300,000 new user registrations in Japan. Beginning this month, VoiceTube will offer paid content in Japan featuring advanced educational functions and courses. As for Snapask, it is mainly focusing on markets in Japan, Korea, Singapore, and Malaysia. It will introduce online video courses based on the local curriculums and provide afterschool learning programs for middle-schoolers.

The National Development Council has devoted a lot of effort to helping Taiwanese startups compete on the world stage. Besides introducing Taiwan’s national startup brand “Startup Island Taiwan” and the “Asia Silicon Valley Development Plan”, the current plan to “Accelerate Taiwan’s Education Startups on the World Stage” has provided resources for companies qualified for the “EduStartup 20+” program for two consecutive years. In the future, the National Development Council will continue to help these companies connect with the global market, establish a presence overseas, and broaden the international influence of Taiwan’s startup brands.

Fewer Road Accidents in Laos During May

Laos sees fewer road accidents in May (Photo: Vientiane Rescue 1623)
Vientiane Rescue 1623 assists at the scene of an accident in May.

Laos saw fewer road accidents in May compared to the previous months of this year.

South Africa offers investment opportunities to Asia Pacific investors

SINGAPORE – Media OutReach – 15 June 2021 – The Johannesburg Stock Exchange (JSE) and joint sponsors, Citi and Absa Bank are collaborating to host the annual SA Tomorrow Investor conference, which aims to showcase the country’s array of investment opportunities to investors in the Asia Pacific region, mainly from Hong Kong and Singapore.

“Asia is one of the few regions expected to grow this year, with the International Monetary Fund (IMF) forecasting growth of 7.6% in the broader Asia Pacific region, with China alone expected to grow 8.4%. Our deep and liquid capital markets offer attractive opportunities for Asian investors looking to diversify offshore and gain exposure to Africa’s future growth,” said JSE CEO Leila Fourie.

Prospects abound in other sectors such as financial services, technology, renewable energy and transport.

The conference will be held virtually from 17 to 18 June 2021. It will bring together institutional investors, CEOs of large listed companies, bankers, investment advisors, policy makers and financial markets regulators to deliberate on ways to unlock new and existing investment opportunities. The South African delegation will include the President of South Africa, his excellency President Cyril Ramaphosa, Finance Minister Tito Mboweni, Reserve Bank Governor Lesetja Kganyago and Public Enterprises Minister Pravin Gordhan.

Investors from the United Kingdom and United Arab Emirates will also participate in the conference.

“With the global disruption to markets caused by COVID-19, investment will be vital to accelerate South Africa’s economic recovery. South Africa’s economic potential and investment opportunities are huge, and our partnership will help ensure that international investors and South African businesses are able to capitalise on trade and investment opportunities, now and in the future. I expect the conference will demonstrate what has been achieved, and establish a platform for what can be done, working in collaboration in the future,” says Citi Country Officer, Peter Taylor.

“We are very excited at the opportunity to be involved with this conference that demonstrates to international investors, that South Africa is open for business. As a leading Pan African financial services institution, we always seek to be involved with platforms that seek to build on the great investment opportunities across our continent, that drive economic growth and jobs,” said Absa CIB CEO, Charles Russon.

#JohannesburgStockExchange