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BidFX Launches Multifaceted Data and Analytics Suite for FX Trading

HONG KONG SAR – Media OutReach – 9 March 2021 – BidFX, a leading cloud-based provider of electronic FX trading solutions for institutions and a wholly-owned subsidiary of SGX Group, today announced the launch of BidFX Data and Analytics. This new offering is the latest addition to BidFX’s powerful suite of offerings for financial institutions, which includes an EMS platform, risk and compliance modules and transaction cost analysis (TCA).

With this expansion, banks, hedge funds and asset managers can access tools to manage the collection and cloud storage of client-specific liquidity streams, as well as monitor composite rates across multiple FX products. This gives institutional players a comprehensive view of the pricing, market impact and liquidity for every transaction.

“The ability to efficiently harness, normalise and analyse FX data has become increasingly vital for refining execution strategies and evaluating counterparties,” said Daniel Chambers, BidFX Global Head of Data and Analytics. “The launch of this product arms our clients with tools to provide valuable insights in real time. Today, having a secure platform is not enough; traders need access to fast and reliable market data and analytics. The latest expansion of the BidFX suite greatly streamlines market analysis, liquidity provision, back-testing and more, making it an essential addition to any FX trader’s toolkit.”

ABOUT BIDFX

BidFX is a leading cloud-based provider of electronic foreign exchange (FX) trading solutions for the global financial marketplace.

BidFX delivers customised liquidity in all FX products from partner banks and provides broker-neutral order and cutting-edge execution management services. It offers a complete suite of negotiation protocols and a hub to the algo suites of all major banks featuring best-execution capabilities. Its transaction cost analysis (TCA) solution features pre-trade predictive models, in-trade benchmarking and post-trade synopses.

Founded in January 2017, BidFX has over 100 of the world’s largest banks, hedge funds and asset managers currently connected to its platform. BidFX is a subsidiary of SGX Group.

For more information, please visit: www.bidfx.com

NTUC LHUB, UOB’s Innovation Accelerator The Finlab, Ngee Ann Polytechnic and NTUC U SME Announce Partnership To Digitalise 500 Companies by 2021 Through ‘Reboot’ Programme

The programme brings together subject matter expertise of the partners to build the digital competencies of Singapore’s workforce

 

SINGAPORE – Media OutReach – 9 March 2021 – NTUC LearningHub (NTUC LHUB), NTUC U SME, United Overseas Bank (UOB)’s innovation accelerator The FinLab, and Ngee Ann Polytechnic today signed a Memorandum of Understanding (MOU) to officially launch the SME Digital Reboot programme. The programme aims to help 500 companies nationwide deepen their digital capabilities by the end of 2022, in order for them to stay relevant and competitive in a transformed business landscape.

NTUC LearningHub (NTUC LHUB), United Overseas Bank (UOB)’s innovation accelerator The FinLab, Ngee Ann Polytechnic and NTUC U SME today signed a Memorandum of Understanding (MOU) to officially launch the SME Digital Reboot programme.

Trainees of the SME Digital Reboot programme learning compare the prices of groceries online using Robotic Process Automation (RPA).

While the SME Digital Reboot programme is applicable to companies of all sizes, the outreach efforts for which will focus strongly on Small Medium Enterprises (SMEs). Employing more than two-third of Singapore’s workforce, SMEs contribute an estimated half of Singapore’s Gross Domestic Product. Many SMEs think of digital transformation as an exclusive measure that only larger companies can afford as they are unaware of the assistance available to drive digital transformation in their own SMEs. The SME Digital Reboot programme aims to create a mindset shift for SME employers, push for upskilling of SME employees, and help SMEs create sustainable business tools for them to adapt to changes. Through a pilot programme, 40 companies have benefitted from the ‘reboot’, turning digital disruption to digital assistance in their businesses.

The SME Digital Reboot programme, which is led by NTUC LHUB, helps to synergise the unique strengths of key partners to uplift companies to keep pace with the age of digitalization. This will be done through an end-to-end solution covering needs assessment, curated training programmes and workplace learning sessions.

Firstly, NTUC U SME will leverage their broad network of SMEs and associations to boost outreach efforts. Secondly, with The FinLab’s expertise in supporting ASEAN SMEs with their business transformation journeys, the organisation will provide companies access to a range of digital resources and tools on The FinLab Online designed to help them understand their business needs and to determine a sustainable digitalisation strategy. Thirdly, NTUC LHUB and NP will provide training across five tracks including Digital Communication and Collaboration, Workflow Automation, Process Automation, Data Processes and Visualisation, and Digital Marketing. Lastly, to ensure that the learning can be applied effectively, the programme includes on-ground implementation support through workplace learning sessions by NP lecturers, graduates and students (Annex A).

A key group benefitting from the pilot is the Association of Employment Agencies Singapore (AEAS), the only industry association representing employment agencies in Singapore. AEAS members are made up of manpower-lean employment agencies where staff training absenteeism is seen as manpower costs incurred. Under the programme, AEAS members would be offered employment advisory for training, training courses for workers and the right tools to kickstart their digital transformation. Having benefited as one of the early adopters of the SME Digital Reboot programme, AEAS signed a MOU with NTUC U SME today as a pledge to help more of their members kickstart their digital transformation through this programme.

Quotes by Key Representatives of SME Digital Reboot Programme

Ng Chee Meng, Secretary-General of NTUC

“NTUC, LHUB and our unions will continue to partner with our employers to transform their workforce as technology is fast evolving the workplace and business operations. As the road to digitalisation gathers pace, I am confident that with SME Digital Reboot programme’s launch, our SME employers will have a positive mindset shift and gain confidence in investing in their workers, upskill their digital skills to remain relevant and keep pace with the times. Simultaneously, we will accelerate our SMEs’ and companies’ transformation by building digital competencies which are vital in driving Singapore’s transformed business landscape.”

Eugene Wong, Chairman of NTUC LHUB

“SMEs are key engines of our economy, yet 40% of SMEs surveyed cited the lack of support and expertise as barriers to digitalisation. As the digital wave sweeps over Singapore, it is crucial for SMEs to effectively reboot their businesses to stay competitive and drive Singapore’s growth. Transformation is a continuous journey, and NTUC LHUB is committed to helping SMEs build future skills that align with industrial changes. The strategic partnership with The FinLab and Ngee Ann Polytechnic to roll out a structured SME Digital Reboot program will empower organisations to take the first step in their digital transformation strategy by building in-demand skills to navigate towards digital success. NTUC LHUB endeavours to continue expanding our ecosystem of partners to transform workers for a transformed future.”

Yeo Wan Ling, Director NTUC U SME

“NTUC U SME is committed to providing targeted assistance to our partner SMEs, to help their workers upskill and their company transform digitally to adapt in the post-COVID-19 world. SMEs are one of the key pillars of Singapore economy employing a large portion of Singapore’s workforce. With the added boost from the recent Singapore Budget 2021, I hope to engage more companies and associations like the Employment Agencies (Singapore) to help them innovate and enhance their productivity.”

Janet Young, Co-founder and Director, The FinLab

“COVID-19 has made digital transformation imperative and therein lies the critical need to help SMEs not only to weather the immediate impact on their businesses but to thrive in a transformed world. To do that, we are tapping the experience of NTUC LHUB, NTUC U SME and Ngee Ann Polytechnic together with UOB’s expertise and The FinLab’s suite of digital resources and community of industry experts to provide SMEs the guidance they need to digitalise sustainably. Drawing on UOB’s extensive SME network in Singapore and ASEAN, we will continue to broaden our reach to help more companies benefit through the SME Digital Reboot programme.”

Clarence Ti, Principal of Ngee Ann Polytechnic (NP)

“We are honoured to be part of this programme to provide a one-stop solution to help SMEs successfully digitalise and transform. By combining training, consultancy and solutioning, this programme takes a holistic approach which we believe will greatly benefit SMEs. To ensure an effective implementation of digital solutions, NP has adapted the training pedagogy in the form of use-case playbooks and best practices. NP is also looking forward to offering post-training consultation and guidance to help SMEs roll out their digital solutions smoothly. Being part of the SME digitalisation journey not only presents a great opportunity for our staff, students and alumni to contribute our expertise, but also allows us to build up additional use cases to further enhance our training programmes in this area.”

Companies are encouraged to leverage the available SkillsFuture Singapore (SSG) Funding to enroll into the programme. For more information, please visit: https://www.ntuclearninghub.com/digital-reboot-digitalise-your-business-today/

Chinese Names and Terms 中文名称与词汇

Term

Translation

National Trades Union Congress (NTUC)

全国职工总会 (职总)

The FinLab

大华银行(UOB)创新实验室FinLab

Ngee Ann Polytechnic

义安理工学院

NTUC U SME

职总U中小企业协作平台

NTUC LearningHub

职总恒习

SME Digital Reboot

中小企业数码重启

Clarence Ti

Principal, Ngee Ann Polytechnic

郑文辉

义安理工学院校长

About UOB’s Innovation Accelerator The FinLab

Founded in 2015, The FinLab is an innovation accelerator powered by UOB and SGInnovate for fintechs and start-ups to develop fit-for-market solutions. In 2018, it expanded its scope to help small- and medium-sized enterprises (SMEs) to transform their businesses. In 2019, to support the needs of SMEs in the region and to serve UOB’s large SME customer base, The FinLab expanded to other ASEAN markets. The FinLab is currently present in three countries –Singapore, Malaysia, and Thailand–to help businesses scale across ASEAN by connecting them to industry experts, mentors and facilitating the right technology solutions to power their growth, maximise their efficiency and enable long-term success.

In 2020, The FinLab Online was launched to enable more businesses to tap on the knowledge, tools and resources from The FinLab’s regional network established over the years.

About Ngee Ann Polytechnic

Ngee Ann Polytechnic started in 1963 and is today one of Singapore’s leading institutions of higher learning with over 14,000 enrolled students in over 30 disciplines. It seeks to develop students with a passion for learning, values for life, and competencies to thrive in a global workplace.

For more information, visit: http://www.np.edu.sg

About NTUC U SME

Established in 2014, NTUC U SME is a Labour Movement initiative to help small and medium enterprises (SMEs) tackle critical issues and challenges. By working with SME business leaders and human resources practitioners, U SME strives to meet the objectives of making:

Every SME a better SME, Every SME job a better job, Every SME worker a better worker

Through NTUC’s network of affiliated unions and associations as well as partners for a range of services and resources via the NTUC-led U SME, SMEs can now achieve the following:

  • Workplace Protection for the interests of SME employees
  • Progression opportunities for SME employees to develop future-ready skill sets
  • Placement programmes to nurture and to reach out to new talent
  • Privileges to offer competitive staff welfare benefits

SME business leaders with U SME can also tap into opportunities for business growth:

  • Wide array of leadership and management programmes to prepare SME business leaders to be future-ready
  • Business advisory and productivity-related grants to assist SME business leaders to transform their businesses
  • Events and activities such as SME Symposium and Learning Journeys to gain new knowledge and contacts

About NTUC LearningHub

NTUC LearningHub is the leading Continuing Education and Training provider in Singapore which aims to transform the lifelong employability of working people. Since our corporatisation in 2004, we have been working employers and individual learners to provide learning solutions in areas such as Cloud, Infocomm Technology, Healthcare, Employability & Literacy, Business Excellence, Workplace Safety & Health, Security, Human Resources and Foreign Worker Training.

To date, NTUC LearningHub has helped over 25,000 organisations and achieved over 2.5 million training places across more than 500 courses with a pool of over 460 certified trainers. As a Total Learning Solutions provider to organisations, we also forge partnerships and offer a wide range of relevant end-to-end training solutions and work constantly to improve our training quality and delivery. In 2020, we have accelerated our foray into online learning with our Virtual Live Classes and, through working with best-in-class partners such as IBM, DuPont Sustainable Solutions and GO1, asynchronous online courses.

For more information, visit www.ntuclearninghub.com.

BrandLoyalty Wins Green Product Mark Certification from TÜV Rheinland Group with Tucano Luggage

HONG KONG SAR – Media OutReach – 9 March 2021 – TÜV Rheinland Group has awarded a Green Product Mark Certificate to BrandLoyalty for their new Tucano Luggage range. The fabric of this luggage is made from 100% recycled PET-plastic bottles, and was tested by TÜV Rheinland. BrandLoyalty is the first company in the world to receive the mark for luggage products. Representatives from both sides attended the certificate presentation ceremony on December 23, including Louis Ng, Head of Sourcing APAC of BrandLoyalty, and Martin Fan, Managing Director of TÜV Rheinland Hong Kong.

Video interview with Louis Ng and Martin Fan: https://youtu.be/TUrlzagreLE




BrandLoyalty is the leading global loyalty platform, providing short-term loyalty programmes for high-frequency retailers around the world. Their mission is to positively impact consumer behaviour on a mass scale with purpose-driven concepts that address global issues from childhood obesity to plastic waste. In April 2020, BrandLoyalty joined the United Nations Global Compact initiative — a voluntary leadership platform for the development, implementation, and disclosure of responsible business practices. BrandLoyalty has committed to five clear sustainability targets for 2025 in order to move forward to a more responsible future wich includes the illimunation of all virgin plastics. The new Tucano Luggage range by BrandLoyalty is not only made from 100% recycled PET-plastic bottles, its hangtag and bulk cartons are made from 100% recycled paper and its shipment polybags is made from 100% recycled plastic.

The Tucano luggage range is tested and evaluated based on the 4 pillars of the TÜV Rheinland Green Product Mark. It meets corporate social responsibility requirements; regulatory safety and functionality requirements; use of chemical substances restrictions on hazardous substances in the complete manufacturing process and the recycled or bio-based plastic material content; and waste management and carbon emission measurement requirements. Furthermore, the full life cycle assessment was redesigned to fit into Sustainable Development Goals via sourcing of green materials and attention paid to the production site. With these utmost contributions, these products will make a difference both for the customer and the planet.

TÜV Rheinland joined the United Nations Global Compact in 2006. This decisive strategic step attested to our advocacy of global compliance with human rights, labor standards, environmental protection, and the fight against corruption. The Green Product Mark issued by TÜV Rheinland has passed the assessment process of the Internationally Coordinated Ecolabelling System (GENICES), which is an official and qualified member of the Global Ecolabelling Network (GEN). It provides the basis for the mutual trust and confidence between the Green Product Mark and other peer ecolabelling schemes.

New Outpatient Wing at Setthathirath Hospital Nearly Complete

Setthathirath Hospital

Construction of the outpatient wing of Setthathirath Hospital in Vientiane Capital is now over 80 percent complete.

Four Year-12 Students To Tackle Hong Kong’s Longest Trail to Raise Funds for The Child Development Centre (CDC) for Children with Special Needs

HONG KONG SAR – Media OutReach – 9 March 2021 – From 27 to 29 March 2021, four secondary school students will challenge themselves to complete the longest trail in Hong Kong – the 100km MacLehose trail. Their aim is to raise essential funds for The Child Development Centre (CDC), a non-profit organisation that supports children with special educational needs. Please support and donate to this cause at https://www.simplygiving.com/100km-hike-for-special-needs

Jack, Jaden, Gabriel, and Martin are year-12 students at an international school in Hong Kong. The hike they will complete is not only daunting in length, but also challenging due to the elevation of 5,053 metres. The students chose the CDC as the sole beneficiary as Jack’s younger sister previously attended an early intervention programme there. “This organisation (the CDC) is very close to Jack’s heart, as he has a younger sister with Down’s Syndrome, and understands the difficulties that families face when raising and educating special needs children to reach their full potential, which is something that every child deserves.

“Money donated to the CDC will go towards programme and service expenses, allowing them to aid even more families, and provide even better care with their top notch teaching specialists and therapists. Furthermore, it is no doubt that under the current COVID-19 pandemic, non-profit organisations like this will be impacted the most, so any money donated will be especially helpful now more than ever. We would really appreciate your support on our journey and cause!”

Dr. Yvonne Becher, the Chief Executive of the CDC, expressed her gratitude to the students for organising this meaningful event, “we are grateful for Jack’s and his team’s initiative, and are glad that the CDC’s work is being recognised and has created such positive value to families throughout the years. Hope everyone can also feel the love and faith that Jack has for his sister, and spread the positive energy to many other children with additional needs in our society.”

 

Based on each child’s needs, the CDC’s multidisciplinary team offers services such as assessments, early intervention programmes, speech therapy, occupational therapy, and targeted support programmes addressing social skills, sensory processing, attention, behaviour, early literacy and numeracy, and more. The CDC is also committed to supporting parents and professionals through counselling services, outreach screening, and child development training.

 

This press release is distributed by The Child Development Centre and supported by Media OutReach Newswire

About The Child Development Centre:

Igniting Learning Journeys – One Child at a Time

The Child Development Centre (CDC) is a non-profit education, assessment and therapy provider for children of early childhood age (0 – 8) with a wide spectrum of additional learning or developmental needs. We envision that every child should succeed in their unique learning journey. It is our mission to provide quality learning experiences for the individual child and empower their families. The CDC is one of only two government-supported Early Education and Training Centres (EETCs) in Hong Kong which provide programmes and services in both English and Chinese, serving more than 400 children per year.

Address: 4/F, Prime Mansion, 183-187 Johnston Road, Wan Chai, Hong Kong

T 3462 2875 | F 2849 6900 | www.cdchk.org

Four Year-12 Students To Tackle Hong Kong’s Longest Trail to Raise Funds for The Child Development Centre (CDC) for Children with Special Needs

HONG KONG SAR – Media OutReach – 9 March 2021 – From 27 to 29 March 2021, four secondary school students will challenge themselves to complete the longest trail in Hong Kong – the 100km MacLehose trail. Their aim is to raise essential funds for The Child Development Centre (CDC), a non-profit organisation that supports children with special educational needs. Please support and donate to this cause at https://www.simplygiving.com/100km-hike-for-special-needs

Jack, Jaden, Gabriel, and Martin are year-12 students at an international school in Hong Kong. The hike they will complete is not only daunting in length, but also challenging due to the elevation of 5,053 metres. The students chose the CDC as the sole beneficiary as Jack’s younger sister previously attended an early intervention programme there. “This organisation (the CDC) is very close to Jack’s heart, as he has a younger sister with Down’s Syndrome, and understands the difficulties that families face when raising and educating special needs children to reach their full potential, which is something that every child deserves.

“Money donated to the CDC will go towards programme and service expenses, allowing them to aid even more families, and provide even better care with their top notch teaching specialists and therapists. Furthermore, it is no doubt that under the current COVID-19 pandemic, non-profit organisations like this will be impacted the most, so any money donated will be especially helpful now more than ever. We would really appreciate your support on our journey and cause!”

Dr. Yvonne Becher, the Chief Executive of the CDC, expressed her gratitude to the students for organising this meaningful event, “we are grateful for Jack’s and his team’s initiative, and are glad that the CDC’s work is being recognised and has created such positive value to families throughout the years. Hope everyone can also feel the love and faith that Jack has for his sister, and spread the positive energy to many other children with additional needs in our society.”

Based on each child’s needs, the CDC’s multidisciplinary team offers services such as assessments, early intervention programmes, speech therapy, occupational therapy, and targeted support programmes addressing social skills, sensory processing, attention, behaviour, early literacy and numeracy, and more. The CDC is also committed to supporting parents and professionals through counselling services, outreach screening, and child development training.

This press release is distributed by The Child Development Centre and supported by Media OutReach Newswire

About The Child Development Centre:

Igniting Learning Journeys – One Child at a Time

The Child Development Centre (CDC) is a non-profit education, assessment and therapy provider for children of early childhood age (0 – 8) with a wide spectrum of additional learning or developmental needs. We envision that every child will succeed in their unique learning journey and are missioned to provide quality learning experiences for the individual child and empower their families. The CDC is one of only two government-supported Early Education and Training Centres (EETCs) in Hong Kong which provide programmes and services in both English and Chinese, serving more than 400 children per year.

Address: 4/F, Prime Mansion, 183-187 Johnston Road, Wan Chai, Hong Kong

T 3462 2875 | F 2849 6900 | www.cdchk.org

Five-Car Pileup Biggest Accident Over Long Weekend

Five-car pileup accident in Vientiane Capital

The long weekend saw several accidents across the country, including a five-car pileup in Vientiane Capital on Sunday.

Chubb Names Peter Kelaher Country President for Australia and New Zealand

SINGAPORE – Media OutReach – 9 March 2021 – Chubb today announced that it has appointed Peter Kelaher Country President for Australia and New Zealand. In his new role, Mr. Kelaher, who is currently Senior Vice President and Head of Property and Casualty (P&C) for Australia and New Zealand, will have executive operating responsibility for the company’s general insurance business, including commercial P&C, traditional and specialty personal lines, and accident and health insurance. He will oversee all facets of the business including strategy, product and business development, underwriting and service operations, and profit and loss performance. The appointment is effective immediately.

Mr. Kelaher will report to Paul McNamee, Senior Vice President, Chubb Group and Regional President of Asia Pacific. He succeeds Jarrod Hill, who is leaving the company.

Chubb has been present in the Australia/New Zealand market for more than 100 years. With seven branches and more than 800 staff, the company offers an extensive range of commercial and consumer coverages to a broad client base, including many of the largest companies. Chubb serves affluent and high net worth individuals and families with high-value personal lines protection. The company also provides individuals with travel and personal accident insurance.

“It is a great pleasure to appoint Peter to lead our Australia and New Zealand general insurance operations,” said Mr. McNamee. “Peter has taken on increased responsibility over the last several years and has proven to be an outstanding leader with the experience and skills to continue to drive the business forward. His extensive network, as well as his deep understanding of Chubb and general insurance, will allow us to continue to grow and maximize our opportunities.”

“We want to thank Jarrod for his many years of service to the company and wish him the best in his future endeavors,” added Mr. McNamee.

Mr. Kelaher has 20 years of insurance industry experience. He joined the company in 2008 as a financial lines underwriter and was promoted to product manager for directors and officers. He was named to lead the P&C business for Australia and New Zealand in 2016. Mr. Kelaher has a Bachelor of Laws (LLB) degree in International Business from the University of Technology Sydney.

About Chubb

Chubb is the world’s largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs approximately 31,000 people worldwide.

Additional information can be found at: www.chubb.com.