HONG KONG SAR – Media OutReach – 18 September 2023 – Lenovo Group Limited (HKSE: 992) (ADR: LNVGY) announced today the appointment of Serena Cheung as General Manager for Lenovo’s operations in Hong Kong and Macau. This strategic appointment represents a significant milestone as Lenovo seeks to expand its presence in these dynamic markets across various industry sectors. She will be taking over from Fan Ho, who has served the position since 2020. Fan will be taking up the role of General Manager of Lenovo Asia Pacific Solutions and Services Group.

Serena Cheung rejoins Lenovo with an impressive career spanning over two decades in the technology industry. Her deep understanding of Lenovo’s vision and strong track record in driving growth across customers and partners makes her the ideal leader to steer Lenovo’s intelligent devices, solutions, and services businesses in Hong Kong and Macau.

Serena’s most recent role was with Microsoft Hong Kong, where she was the Public Sector Group Lead. Before that, she was the company’s Lead for One Commercial Partner and Small, Medium, and Corporate Customers. At Microsoft, managed the company’s relationships with government entities and clients from the education and healthcare sectors. She also led initiatives to nurture Microsoft Hong Kong’s cross-border partner and start-up ecosystem, successfully expanding its footprint across diverse industries, including retail, property development, finance, and healthcare.

Serena Cheung assumes her role as General Manager immediately, and her appointment marks an exciting new chapter in Lenovo’s journey to deliver cutting-edge technology solutions to customers in Hong Kong and Macau.

Hashtag: #Lenovo

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

About Lenovo

Lenovo (HKSE: 992) (ADR: LNVGY) is a US$62 billion revenue global technology powerhouse, ranked #217 in the Fortune Global 500, employing 77,000 people around the world, and serving millions of customers every day in 180 markets. Focused on a bold vision to deliver smarter technology for all, Lenovo has built on its success as the world’s largest PC company by further expanding into growth areas that fuel the advancement of ‘New IT’ technologies (client, edge, cloud, network, and intelligence) including server, storage, mobile, software, solutions, and services. This transformation together with Lenovo’s world-changing innovation is building a more inclusive, trustworthy, and smarter future for everyone, everywhere. To find out more visit https://www.lenovo.com, and read about the latest news via our StoryHub.

DUBAI, UNITED ARAB EMIRATES, – Media OutReach – 18 September 2023 – Bybit, the world’s third most visited crypto exchange, announced the launch of Rewards 2.0, an upgraded rewards scheme building on the strong uptake of the Bybit Debit Card since its March debut.

Rewards 2.0 aims to strengthen Bybit’s leadership through heightened engagement of existing cardholders and new user acquisition. Members can earn points on all card spending to redeem prizes through Bybit’s expanded Rewards Marketplace.

Bybit Card Users can personalize their rewards and enjoy a comprehensive experience.The enhanced Rewards 2.0 program introduces an expanded array of exciting redemption options, including:

• Up to 10% cashback* for spending crypto with Bybit Card;
• Trading Boosters (Trading Bonuses, Coupons, Fee Discounts, NFTs, VIP Trial Cards, and Airdrops);
• Digital Merchandise (gift cards from global eCommerce platforms); and
• Physical Merchandise (exclusive Bybit merchandise and co-branded items).

In addition, Bybit is now accepting applications for its exclusive VIP Card tier which provides elevated benefits and rewards for top-tier customers.

Currently, the Bybit Card supports instant conversion of major cryptocurrencies like BTC, ETH, USDT, USDC and XRP to fiat like the Euro and British Pound. The Auto-Savings feature, accessible through the Bybit Card dashboard, provides a convenient solution for Bybit Card users to earn competitive interest rates with an attractive APY. This feature allows users to effortlessly grow their assets in Flexible Savings, while retaining the flexibility to automatically convert and utilize these assets for spending with the Bybit Card, at their discretion.

“Rewards 2.0reinforce Bybit’s commitment to innovation, loyalty and industry leadership,” said Ben Zhou, co-founder and CEO of Bybit. “Through our pioneering programs and broadening services, we aim to advance global cryptocurrency adoption at pace. Bybit will continue pioneering the digital finance revolution through visionary programs and partnerships that cement our role driving this new era.”
Hashtag: #Bybit #TheCryptoArk

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

About Bybit

Bybit is a cryptocurrency exchange established in 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions, the Oracle Red Bull Racing team, esports teams NAVI, Astralis, Alliance, Made in Brazil (MIBR), and Oracle Red Bull Racing Esports.
For media inquiries, please contact: press@bybit.com
For more information please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Chen Zhi Scholarship Earns Silver for Top Community Program

PHNOM PENH, CAMBODIA – Media OutReach – 18 September 2023 – Prince Holding Group, a leading business group in Cambodia, is honored to have been recognized with the Platinum Award for Best Country Excellence — Best in Cambodia at the 15th Annual Global CSR & ESG Summit and Awards. This acknowledgment shines a light on Prince’s ongoing efforts in education, community engagement, and sustainable development within Cambodia.

Additionally, the Chen Zhi Scholarship, an initiative by the Prince Foundation, was honored with the Silver Award for Best Community Program. This seven-year commitment by our philanthropic arm, led by Neak Oknha Chen Zhi, aims to support 400 Cambodian university students with a $2 million pledge. Neak Oknha Chen Zhi’s dedication as a philanthropist and his role as Chairman of Prince Group have been instrumental in this initiative.

“We are humbled by this recognition. The awards serve as a testament to our commitment to making a meaningful difference in Cambodia,” expressed Gabriel Tan, Chief Communications Officer at Prince Holding Group. “Our aim is to continually contribute to the community, believing that purposeful actions can pave the way for a brighter future.”

The Best Country Excellence Award also recognized the other important CSR initiatives by the Group which include the Prince Horology Vocational Training Center, a training center unique in the region that aspires to be one of the world’s finest watchmaking schools and showcases Cambodian artisanal craftsmanship. Prince Group partnered with the Cambodia Wheelchair Basketball Federation (CWBF) and facilitated friendly matches with other countries, raised awareness for disabled athletes and successfully defended its crown by winning again the gold medal at the 12th ASEAN Para Games held in Cambodia.

Additionally, it supported the Cambodia Men’s Volleyball Team by sponsoring its coach, who led the team to a silver medal finish in the 2023 Southeast Asian (SEA) Games. Prince Group also backed the Cambodian Mine Action and Victim Assistance Authority (CMAA) fundraiser initiative, which cleared unexploded ordnance and landmines in Kampong Speu province. The effort has freed up land for housing and agriculture for 9 million Cambodians.

Prince Foundation allocated US$2.6 million in 2022. The foundation’s cumulative philanthropic contributions over the past seven years have amassed over US$16 million, positively impacting over 1 million Cambodians.

Organized by Singapore-based Pinnacle Group International to recognize outstanding CSR and ESG initiatives in the Asia Pacific region, this year’s theme of the Global CSR & ESG Summit and Awards was “Driving Transformational Change Beyond Greenwashing”. Other fellow awardees across the region include Schneider Electric in Indonesia, Tata Consultancy in Singapore, and Krungthai-AXA Life Insurance in Thailand.

Hashtag: #PrinceHoldingGroup

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

About Prince Holding Group

Prince Holding Group is one of Cambodia’s largest business groups spanning across real estate development, financial services, and consumer services.

Prince Holding Group’s key business units in Cambodia include Prince Real Estate Group, Prince Huan Yu Real Estate Group, Prince Bank, Cambodia Airways, Belt Road Capital Management, as well as Awesome Global Investment Group. Via its subsidiaries, Prince Holding Group has over 100 businesses in Cambodia operating in real estate development, banking, finance, aviation, tourism, logistics, technology, food and beverages, and lifestyle sectors, etc.

Leveraging a network of industrial, business and financial professionals across Asia, Prince Holding Group is firmly committed to the long-term development of Cambodia.

Moving forward, Prince Holding Group will continue to seek out opportunities to play an important role in Cambodia, through partnerships or direct investments into key industries for the betterment of Cambodians and the local economy.

About Prince Foundation

Prince Foundation, founded in 2015, is one of Cambodia’s leading philanthropic foundations. A member of Prince Holding Group, which is one of the largest business groups in Cambodia, the Foundation aims to work with local communities to build thriving living and working environments that elevate people’s well-being and livelihoods following the vision: “Together, Building a Better Future for Cambodia”.

Focusing on education and youth development, healthcare, and community engagement initiatives, Prince Foundation works with partners to deliver sustainable programs that enhance opportunities for Cambodia’s youths, build resilience in communities and contribute to sustainable infrastructure.

The Foundation’s flagship projects are the Chen Zhi Scholarship, offering full scholarships, stipends, internship and work opportunities to 400 Cambodian university students over a period of seven years, and Prince Horology, where aspiring Cambodian watchmakers learn the art of Swiss-style watchmaking in a state-of-the-art facility. Prince Foundation has launched more than 260 philanthropic initiatives, benefiting over 1 million people, with donations exceeding US$16 million.

Prince Foundation, founded in 2015, is one of Cambodia’s leading philanthropic foundations. A member of Prince Holding Group, which is one of the largest business groups in Cambodia, the Foundation aims to work with local communities to build thriving living and working environments that elevate people’s well-being and livelihoods following the vision: “Together, Building a Better Future for Cambodia”.

Focusing on education and youth development, healthcare, and community engagement initiatives, Prince Foundation works with partners to deliver sustainable programs that enhance opportunities for Cambodia’s youths, build resilience in communities and contribute to sustainable infrastructure.

The Foundation’s flagship projects are the Chen Zhi Scholarship, offering full scholarships, stipends, internship and work opportunities to 400 Cambodian university students over a period of seven years, and Prince Horology, where aspiring Cambodian watchmakers learn the art of Swiss-style watchmaking in a state-of-the-art facility. Prince Foundation has launched more than 260 philanthropic initiatives, benefiting over 1 million people, with donations exceeding US$16 million.

• According to the latest labour report, the unemployment rate rose sharply from 3.5% to 3.8%. The Fed is expected to hold the key rate hike at next week’s FOMC meeting.
• Due to the mixed August inflation report, the Fed will likely have to take a hawkish tone in its messaging.
• The U.S. dollar will likely rise significantly due to the expected hawkish tone—USDJPY could rise to the 148.50–149.00 range.

KUALA LUMPUR, MALAYSIA – Media OutReach – 18 September 2023 – The Federal Open Market Committee (FOMC) of the U.S. Federal Reserve will meet on 19 – 20 September to decide on changes to monetary policy. Market expectations indicate that the Fed will likely announce a pause, keeping the rate at 5.25%–5.5%, nearing a 22-year-high.

During the previous FOMC meeting in July, the Federal Reserve raised the key rate again after one break of 25 bps and now stands at 5.25%–5.5%. The Fed’s policy of raising rates aims at maximising employment and reducing and then holding inflation at 2%.

According to the latest report from the U.S. Bureau of Labor Statistics released on 1 September 2023, the unemployment rate unexpectedly jumped to 3.8 % in August from 3.5% in July. The rising unemployment rate will add to expectations that the Federal Reserve will slow or pause rate hikes.

Fresh inflation data released by the U.S. Bureau of Labour Statistics on 13 September 2023 reported that the U.S. consumer inflation rate increased sharply in August by 0.63% from 0.17% in July, and the annual inflation rate accelerated in August to 3.7% from 3.2% in July. Core CPI, which excludes food and energy, fell to 4.35% in August, down from 4.65% a month earlier and matched the consensus.

‘According to the latest labour report, the Fed is widely expected to hold the key rate hiking at next week’s FOMC meeting,’ said Kar Yong Ang, the OctaFX financial market analyst. ‘But due to August’s mixed inflation data report, the Fed must keep a hawkish tone in its messaging. The core CPI is still too high and could accelerate,’ he added.

The key rate will likely remain unchanged at the September meeting of the U.S. Fed. Still, the accompanying rhetoric could be quite tough, signalling further possible monetary policy tightening. This will hurt capital markets, favouring the strengthening of the U.S. dollar. For example, this could impact currency pairs with the dollar, potentially leading to a rise in USDJPY to the 148.50–149.00 range.

Hashtag: #OctaFX

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About OctaFX

OctaFX is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services already utilised by clients from 180 countries who have opened more than 42 million trading accounts. Free educational webinars, articles, and analytical tools they provide help clients reach their investment goals.

The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.

In the APAC region, OctaFX managed to capture the ‘Best Forex Broker Malaysia 2022’ award and the ‘Best Global Broker Asia 2022’ from Global Banking and Finance Review and International Business Magazine, respectively.

SYDNEY, AUSTRALIA – Media OutReach – 18 September 2023 – Backbase is pleased to announce the partnership with Judo Bank (ASX: JDO) is now live. Judo selected Backbase’s Engagement Banking Platform (EBP) to create new digital experiences for its small and medium (SME) business banking and term deposit customers.

The adoption of Backbase’s EBP will enable Judo’s relationship bankers to dedicate more time to customers. The platform will also allow for monthly releases of additional features going forward.

Judo’s purpose-built, modern, cloud-based, flexible technology stack uses adoptive technology principles. Judo was looking for a global leading, digital platform capability that embraced both strong design and security principles, with the customer at the core. Backbase was selected after a comprehensive search with the build commencing in 2022.

Judo Bank is Australia’s first purpose-built challenger bank, uniquely focused on SMEs and on 1 November 2021, was the first commercial bank to list on the Australian Stock Exchange in 30 years. Relationship Banking is the core of Judo’s strategy. Technology at Judo is designed and built to enable banker and customer relationships. This differentiated, human-centered approach has seen Judo’s growth since inception reach a lending book of over $9B and a deposit book over $6B with over 35,000 customers.

Judo Bank’s Chief Operating Officer, Lisa Frazier, said: “Our vision is to become a world-class SME bank. Our unique, relationship-led operating model creates a sustainable and competitive advantage for our business.

“Through our partnership with Backbase, we have enhanced our high-tech, high-touch model, further empowering SME business owners with digital experiences related to their Judo portfolio. Our new digital experience will help our SME customers and bankers stay on top of business needs and support the exceptional service they receive from our relationship-led bankers. Partnering with Backbase enables us to deliver a superior digital experience to our customer base cost effectively with the build of the platform taking just on a year.”

Backbase Managing Director, ANZ, Iman Ghodosi, said, “We are thrilled to partner with an ambitious innovator like Judo Bank and look forward to continuing to leverage EBP for the success of Judo and their customers.

“The power of the Backbase EBP lies in its ability to provide the composable fabric, modularity, and options to banks, freeing them from the burden of building everything themselves.

“We’re proud to empower banks like Judo Bank to focus on building their innovation and differentiation in the market they are disrupting. With Backbase EBP as their foundation, Judo Bank can confidently navigate the market, leverage its capabilities, and drive their unique value proposition to new heights.”

Hashtag: #Backbase #digitalbanking #engagementbanking #smebanking #businessbanking #judobank

https://www.linkedin.com/company/backbase/

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Backbase

Backbase is on a mission to re-architect banking around the customer.

Backbase created the Backbase Engagement Banking Platform – a unified platform with the customer at the center, empowering banks to accelerate their digital transformation. From customer onboarding, servicing, loyalty and loan origination. Our single platform — open and frictionless, with ready-to-go apps — improving every aspect of the customer experience. Built from the ground up with the customer at the heart, our Engagement Banking Platform easily plugs into existing core banking systems and comes pre-integrated with the latest fintechs so financial institutions can innovate at scale.

Industry analysts Gartner, Omdia, and IDC continuously recognize Backbase’s category leadership position. Over 120 financials around the world have embraced the Backbase Engagement Banking Platform. In APAC, the customers we serve include ABBANK, BDO Unibank, Bank of the Philippine Islands, EastWest Bank, HDFC, IDFC First, JudoBank, OCB, Techcombank, TPBank, and UBank.

About Judo Bank

Judo Bank is Australia’s first purpose-built challenger bank for small and medium-sized businesses (SMEs) and on 1 November 2021, was the first commercial bank to list on the Australian Stock Exchange (ASX) in 30 years.

Judo was founded by a small group of experienced lending professionals and its purpose is to be the most trusted SME business bank in Australia. The company’s relationship-led lending model, which brings back the craft of relationship banking, is enabled by its digital, cloud-based technology architecture.