The United States is providing funds through a grant to support malaria elimination in Laos.
RGE and Bank of Communications Jiangsu Branch Sign Agreement on First Foreign-owned Carbon Asset Custody in China
NANJING, CHINA – Media OutReach – 29 July 2021 – Royal Golden Eagle (RGE) and Bank of Communications (BCM) Jiangsu Branch have entered into the Cooperation Agreement on Carbon Emission Trading Funds Custody in Nanjing.
Made three days after the launch of China’s national carbon emission trading market, the agreement is China’s first carbon asset custody business between a financial institution and a multinational corporation. The agreement will bring into full play the role of carbon emission trading as a bridge and engine between financial capital and the real economy.
The agreement is a strategic move by RGE in partnering the banking sector to facilitate China’s efforts to achieve carbon peak by 2030 and carbon neutrality by 2060. Under the agreement, RGE will open a dedicated account for carbon emission trading settlement with BCM to handle all its carbon emission transactions in China. The account will be under the supervision and custody of BCM.
At the signing ceremony, Lin Bo, a top official of the Party Committee of BCM Jiangsu Branch, said that BCM remains committed to promoting the development of real economy through financial innovation. The custody agreement will further deepen the business relationship between both parties in fixed asset loans, cross-border supply chain financing and green finance. Moving forward, BCM will continue to leverage its advantages in international and integrated operations to enhance business support for RGE.
Since its entry into China, RGE has been focused on sustainable development and announced a target 30% reduction in carbon emissions in China by 2030, said Shu Langen, Vice President of RGE China. The cooperation will enable RGE to increase carbon asset management efficiency and achieve its emission reduction target. This marks a new strategic move by RGE to actively participate in carbon emission trading and help bolster China’s carbon peak and neutrality goals.
Since its entry into China in the 1990s, RGE has invested over RMB 60 billion (USD 9.3 billion) in Beijing, Shandong, Jiangsu, Shanghai, Chongqing, Jiangxi, Fujian, Guangdong, and other provinces and cities. Its business groups Sateri (Fujian) Fiber Co., Ltd., Asia Symbol (Guangdong) Paper Co., Ltd., and East Asia Power (Xiamen) CCGT Power Plant have for many years been involved in the pilot carbon market of their respective provinces. Founded by Sukanto Tanoto, RGE manages a global group of companies in resource manufacturing.
Presently, the operations of Sateri, Asia Symbol, and Pacific Oil & Gas (PO&G) are included in the national carbon market. For instance, all of Sateri operations have completed carbon emission verification work and will participate in the national carbon market. Sateri established a carbon management committee to promote energy efficiency, while carbon emission rates have since continued to record declines every year. Sateri remains on track to achieve 30% carbon emission reduction by 2030 and net zero emissions by 2050.
Industry experts have suggested that the signing of the cooperation agreement, following the launch of China’s national carbon emission trading market, and the offer of professional custody services by commercial banks can guide companies to play an exemplary role in carrying out carbon emission trading compliantly and efficiently, spurring the improvement of the national carbon market.
About RGE
RGE Pte Ltd manages a group of resource-based manufacturing companies with global operations. Our work ranges from the upstream, comprising sustainable resource development and harvesting, to downstream, where our companies create diverse value-added products for the global market. Our commitment to sustainable development underpins our operations, as we strive towards what is good for the community, good for the country, good for climate, good for customer, and good for company.
RGE was founded in 1973. The assets held by RGE companies today exceed US$20 billion. With more than 60,000 employees, we have operations in Indonesia, China, Brazil, Spain and Canada and continue to expand to engage newer markets and communities.
www.rgei.com#RGE
Arlo Announces All New Unlimited Camera Plans, Simplifying Monitoring and Providing Added Value
Simplified Plans Include Enhancements to AI-Powered Notifications, And Ability to Add Additional Cameras at No Extra Cost
SINGAPORE – Media OutReach – 29 July 2021 – Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security brand, today announced its new AI-based subscription service plans with the introduction of Arlo Secure. The premium services boast support for unlimited household cameras with no additional cost per camera. This coupled with advanced AI object detection, smarter, more interactive notifications enable Arlo users to take quick action and maximise their security.
“The unveil of the Arlo Secure represent Arlo’s commitment to customer feedback and delivering complete peace of mind,” says Brad Little, Vice President & Managing Director – APAC. “Our users wanted easy-to-understand subscription options to help them protect their homes without calculating monthly subscription costs per camera, and we listened.”
Arlo Secure plans start at SGD $13.99 a month to support unlimited cameras in the home, with the option to service a singular camera for just SGD $4.49 a month.
Features of the Arlo Secure subscriptions include:
- Unlimited Cameras – Users can enjoy Arlo Secure service for all cameras in their home with one all-encompassing plan. Add new Arlo cameras for no additional charge.
- 2K (Arlo Secure) and 4K (Arlo Secure Plus on compatible 4K cameras) Cloud-based Video Recording – Customers can view 30 days of recordings on the secure Arlo cloud in their camera’s highest video resolution anytime on their phone, Amazon or Google smart display device.
- Smart Interactive Notifications – Users can take quicker action by responding to rich notifications or viewing an animated preview of a notification video through the lock screen on their smartphone.
- Advanced Object Detection – Visual artificial intelligence allows for better detection and differentiation of people, packages, vehicles and animals.
- Smoke and CO Alarm Detection – Get notified when the camera hears a smoke or CO alarm triggered.
- Cloud-based Activity Zones – Users can reduce unwanted notifications by highlighting areas on the property where they want motion to be detected.
- Call a Friend – Customers can instantly call a friend through the Arlo App from their notification screen with one tap.
- 24/7 Premium Support – Connect with Arlo’s technical support team whenever needed via phone, chat, or through the support center.
Starting July 22, Arlo hardware purchases will ship with a three-month free trial of Arlo Secure features.[1] For more information on the full range of Arlo smart home security products and services, visit http://www.arlo.com/asia.
[1] Beginning July 21, 2021, Arlo Smart subscription plans will no longer be available for purchase. Instead, Arlo Secure plans will be available to Arlo customers.
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 cellular connection. To date, Arlo has launched several categories of award-winning smart connected devices, including wire-free smart Wi-Fi and LTE-enabled security cameras, audio and video doorbells, and a 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 does not monetize personal data. Arlo 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 cameras, Arlo video doorbells, Arlo Secure 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 ending December 31, 2020. 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
43 Percent of Vientiane Capital Now Vaccinated Against Covid-19
Some 1,109,544 first dose vaccines have now been administered across the country, with 425,003 of these administered in Vientiane Capital, reaching nearly 43.8% of the city’s population.
Prime Minister Pledges Greater Support for Business
Prime Minister Phankham Viphavanh spoke at the 13th Lao Business Forum, saying that the government is determined to engage with the private sector to resolve various challenges.
Savannakhet Ready to Employ Over 50,000 Returnees
Businesses in Savannakhet have expressed interest in providing jobs for over 50,000 Lao migrant workers who have returned from Thailand.
UK-based FinTech Darwinex Secures €3 Million In Growth Funding
Juan Colón, Darwinex co-founder, announces a key milestone for the asset management Fintech
LONDON, UK – Media OutReach – 29 July 2021 – The Fintech, broker and asset management company Darwinex has raised €3 million to pursue its ambitious growth aspirations.
Leading investors in the round were Stefan Jaecklin and Pinorena Capital who were joined by Darwinex co-founders and a number of key employees in the company. Pinorena Capital, a fintech-focused investment company led by entrepreneur Illimar Mattus, has contributed with this first investment to supporting Darwinex expansion journey.
Darwinex is regulated by the FCA in the UK (Tradeslide Trading TechLimited – FRN 586466) and its latest financial figures show revenue for the financial year 2020 jumping by 72%, exceeding €4.69 million.
Darwinex has recently launched trading in over 60 futures and all US single stocks across Trader Workstation (TWS) platform, in an effort to offer a higher quality product range and access to diversified markets. Darwinex unique front-to-back Fintech solution enables successful traders and small to medium-sized hedge funds to easily convert its trading strategies into investable assets. A one-of-a-kind product that serves as a tool for successful traders to scale their income and gain access to external investor capital, everything within Darwinex robust legal and technological ecosystem.
Successful traders also get access to DarwinIA, Darwinex monthly capital allocation of up to €90 million per annum, which supports strategies with solid fundamentals for generating returns.
“We are happy to see all co-founders and Darwinex team members participating in this round along with existing significant investor Stefan Jaecklin. We are also pleased to see Pinorena Capital joining the rank of shareholders and bringing not only capital, but also experience on how to scale and grow financial firms globally. We are now ready to bring our exceptional trading and capital-raising opportunities to a much larger global audience and disrupt the asset management industry”, Darwinex co-founder and CEO, Juan Colón, said.
About Darwinex (Tradeslide Trading Tech Limited):
Darwinex is a Multi-Asset Broker and Asset Manager, regulated by the Financial Conduct Authority (FCA) in the United Kingdom (FRN 586466). It gives traders the Brokerage Venue to trade the markets, and the Regulatory Cover to attract and monetize 3rd-party investor capital.
Founded in 2012, Darwinex employs 50+ people across its London headquarters and development office in Spain. It is founder-led, well backed and organically profitable.
#Darwinex
62% of Organisations in Malaysia Include Contracting Roles in their Headcount: Page Contracting Malaysia
KUALA LUMPUR, MALAYSIA – Media OutReach – 29 July 2021 – Professional contracting recruitment services firm Page Contracting Malaysia launched the Talent On-Demand report, highlighting the employment of Malaysian professionals in contingent, temporary, short-term or interim positions. 30% of companies also responded to say that COVID-19 has resulted in the need for them to increase their contractor hiring.
Marlinda Zulkifli, Head of Page Contracting Malaysia
Marlinda Zulkifli, Head of Page Contracting Malaysia says, “Before COVID-19 hit in 2020, organisations were already employing contractors as a way to flex and scale their talent needs. The pandemic has emphasised the need for companies to reassess their growth strategy – and the stand out component was the deployment of talent, both in the short and medium term. Companies are facing greater levels of scrutiny on permanent headcount numbers, while others are engaging temporary and contract staff to execute ad-hoc projects.”
More companies are turning to contracting professionals to manage or work on new projects. 58% of organisations say they use contractors for project implementation and digital transformation all of which were accelerated due to COVID-19 and the need to facilitate remote working. On average, 3 in 5 contractors will receive a contract extension in Malaysia, and 2 in 5 get converted to permanent roles.
In addition to creating an agile solution to headcount challenges Malaysia’s companies face, Marlinda Zulkifli comments, “An emerging trend that we’re definitely seeing is that organisations are now increasingly considering interim staff for senior positions such as C-Suite roles. It offers many advantages, as they’re able to benefit from specialised skillsets or knowledge for a specific period of time.”
According to the Talent-On-Demand report, hiring contractors can sometimes be more challenging than expected. 1 in 4 companies expressed that they had difficulties in attracting contingent workers for short-term, contract roles. For a company to position itself as a desirable employer, it needs to present its benefits package, career opportunities, and company culture and environment in ways that resonate with the contractors.
Marlinda Zulkifli observes, “As organisations look beyond their permanent employees to create an agile workforce, they need to change their way of engaging with the contracting workforce. Traditionally, companies may undermanage non-payroll staff as temporary workers usually only stay in a company for a set period of time.”
#PageContractingMalaysia
