Author: Marie Jones

  • 7th Global Blockchain Congress by Agora Group & TDeFi Schedule for June 21st and 22nd, 2021, Dubai

    7th Global Blockchain Congress by Agora Group & TDeFi Schedule for June 21st and 22nd, 2021, Dubai

    The 7th edition of the world-renowned flagship Global Blockchain Congress by Agora Group is taking place on June 21st and 22nd, 2021 in Dubai & co-hosted by TDeFi. We are also happy to have Woonkly as a Title Sponsor for this event. This edition’s theme is “Celebrating DeFi and NFTs” and will boast an amazing line up of speakers including Keynote Addresses by His Excellency Ahmed Bin Sulayem, Executive Chairman & CEO of Dubai Multi Commodities Centre, Hubertus Thonhauser, Chairman of the Board of Tezos Foundation, Fiorenzo Manganiello, Partner at Lian Group and many others.

    The event is a closed door, exclusive congress that can be attended by invitation only. Agora will be hosting more than 100 investors and 30 Sponsors (Global Blockchain, DeFi and NFTs projects looking to raise funds).

    The first six editions of the Global Blockchain congress were a tremendous success and we were able to host more than 450 investors and more than 90 blockchain startups and were able to raise Millions in funds for our participating projects.

    This is an exclusive, closed-door Congress to connect startups with investors and secure funds. Startup founders from all over the world need financial advocates on their side. Raising funds and receiving funding is vital to the growth and success of startups. NOW is the right time for international startups to tap into a pool of highly engaged investors from the MENA region who are actively looking to invest in exciting and promising companies.

    “Pitches are good and all, but have you ever sat on a table for 8 hours with 30 minutes one-on-one meetings with 50 rotating investors’ Agora is next level. I went to this conference last year, and it was like speed dating with investors. THIS IS EXACTLY HOW IT SHOULD BE. If you’re in Dubai or can get there, and are looking to raise funds for your project, this is your jam,” says Nikita Sachdev, Co-Founder, LunaPR.io

    Previous Notable Speakers:H.E. Naokazu Takemoto – Minister of State for Science and Technology Policy, Japan.

    Dr. Obaid Al Zaabi – CEO, Securities & Commodities Authority, UAE.

    Baiba Broka – Member of the General Council, International Institute for the Unification of Private Law, Working Group Member on Cryptocurrency Regulation, Ministry of Finance, Latvia, and Former Minister of Justice, Latvia.

    Josef Holm – Founding Partner, Draper Goren Holm

    Kristina Lucrezia Corner – Managing Editor, Cointelegraph.

    Ralf Glabischnig – Founder & Board Member, Crypto Valley Venture Capital.

    H.E. Zulfiquar Ghadiyali – Executive Director Of DIHC under chairmanship of HH Sheikh Mohammed bin Sultan bin Hamdan Al Nahyan

    Zachary Cefaratti – CEO & Principal Founder, Dalma Capital
    Wai Lum Kwok – Senior Executive Director & Financial Services Regulatory Authority, Abu Dhabi Global Market (ADGM)

    For participation: http://bit.ly/The7thGBC

    Source: Plato Data Intelligence.

  • Promethean Continues Streak as Market Leader for Interactive Flat Panel Displays in US and EMEA

    Promethean Continues Streak as Market Leader for Interactive Flat Panel Displays in US and EMEA

    NetDragon Websoft Holdings Limited (NetDragon or the Company; HKG: 777), a global leader in building internet communities, is pleased to share that its flagship classroom technology subsidiary Promethean continues to be a global leader for interactive display technology, according to Futuresource Consulting’s Q1 2021 report on World Interactive Displays.

    As the education system worldwide began to get a handle on remote and blended learning models, the demand for interactive displays in classrooms remained strong. According to Futuresource Consulting’s Q1 2021 report, interactive display sales had a year-over-year increase of 74%, making it by far the largest Q1 to date. As schools around the world are settling into the new normal of blended learning models, interactive whiteboards and flat panel displays continue to remain one of the best tools in K-12 classrooms where teachers can build interactive lessons and bring them to life in any environment.

    Excluding China, Promethean was the leading brand with a 23.3% share of the total global interactive flat panel display for the primary and secondary education market over the last twelve months as of 31 March 2021. In that same time period, Promethean gained market share in the US, UK, and Germany. Most recently, in Q1 2021, the company also continued its strong performance track record in the US, achieving a 32.4% market share for primary and secondary education markets.

    Promethean’s continued success in 2021 Q1 is attributed to its ActivPanel Elements Series which includes increased personalization functionality and enhanced security, giving teachers additional flexibility and IT leaders better manageability. “As the world is in the early stages of regaining some normalcy, Promethean continues to be dedicated to ensuring educators, students and parents have access to an elite learning experience regardless of location or resources,” said Chris Hand, Chief Revenue Officer at Promethean. “With a notably increased level in optimism across suppliers, distributors, and partners, coupled with strong demand from schools, we are proud to be a leader in this space with solutions like our ActivPanel Elements Series which allows for dynamic learning across the globe.”

    About NetDragon Websoft Holdings Limited

    NetDragon Websoft Holdings Limited (HKG: 0777) is a global leader in building internet communities with a long track record of developing and scaling multiple internet and mobile platforms that impact hundreds of millions of users, including previous establishments of China’s first online gaming portal, 17173.com, and China’s most influential smartphone app store platform, 91 Wireless.

    Established in 1999, NetDragon is one of the most reputable and well-known online game developers in China with a history of successful game titles including Eudemons Online, Heroes Evolved and Conquer Online. In recent years, NetDragon has also started to scale its online education business on the back of management’s vision to create the largest global online learning community and to bring the “classroom of the future” to every school around the world. For more information, please visit our website.

    About Promethean

    Promethean is a true partner for educators and innovators with more than two decades helping people learn and grow together. We believe collaborative discovery is at the heart of the learning experience. Our award-winning interactive displays and lesson delivery solutions transform learning and workspaces into creative, connected environments to foster collective success. With headquarters in Seattle, WA, and offices worldwide, Promethean is a member of the NetDragon Websoft Holdings Limited (HKSE: 0777) group of companies. Visit us at PrometheanWorld.com.

    Promethean and ActivPanel are trademarks or registered trademarks of Promethean Limited in the U.S. Europe, and many other countries around the world.

    For investor inquiries, please contact:
    NetDragon Websoft Holdings Limited
    Ms. Maggie Zhou
    Senior Director of Investor Relations
    Tel.: +852 2850 7266 / +86 591 8390 2825
    Email: maggiezhou@nd.com.cn
    Website: ir.netdragon.com

  • CITIC Telecom CPC won Datacloud Global Awards 2021

    CITIC Telecom CPC won Datacloud Global Awards 2021

    “The Innovation Award” recognized our Data Science Professionals’ innovation capability and our revolutionary DataHOUSET(TM) AR Remote Hand Service

    CITIC Telecom International CPCLimited (CITIC Telecom CPC), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited (HKG:1883), is proud to announce the winning of The Innovation Award at the Datacloud Global Awards 2021.

    Judges at Datacloud Global Awards 2021 mentioned that DataHOUSETM AR Remote Hand Service demonstrated exemplary creativity to leverage on a widely used Industry 4.0 Augmented Reality solution. By applying this to the data center industry, DataHOUSETM AR Remote Hand Service instantly resolved the challenges of travel restrictions and lockdowns, to enable remote hand personnel to be wherever in the world that they are needed. Datacloud Global Awards 2021 “The Innovation Award” celebrates outstanding achievements of those across the data centre, cloud and edge sectors, it aims to provide recognition to genuine inspiration, innovation and excellence.

    “CITIC Telecom CPC is much honored to receive the Datacloud Global Awards 2021 for our DataHOUSETM AR Remote Hand Service. The award reaffirms our revolutionary and innovative services recognized by customers and the market; it is also a testament to our Data Science Professionals’ innovation capability,” said Mr. Esmond Li, CEO of CITIC Telecom CPC. “As data center evolves from on-premises facilities to edge deployments to cloud, there is an increase in the need for hyper-converged infrastructure and complex equipment. As such, the demand on-field engineers to support such a complex environment become higher. DataHOUSETM AR Remote Hand Service allows field engineers across multiple locations to come together, troubleshoot using live streaming of real-time images and this increases their productivity by more than 50%. We are pleased that this innovation won the recognition from the judges at Datacloud Global Awards.”

    In line with our recent ICT-MiiND strategy, CITIC Telecom CPC deploys the latest container technology with advanced algorithms to perform a periodic cycles of data collection, experience learning and correlation, as well as algorithmic analysis and modeling. This will build a foundation for deep machine learning which will continuously drive advancement in Artificial Intelligence capability for diagnoses under the DataHOUSETM AR Remote Hand. “We hope with our ICT-MiiND strategy and development, we will be able to enhance and accelerate our customers’ digital transformation journey, as one of their trusted partners in premier connectivity, cloud services, information security and data centre services,” added Mr. Li.

    Other than Datacloud Global Awards 2021, DataHOUSETM AR Remote Hand managed to clinch the “GOLD STEVIE Award” in the 2021 Asia-Pacific Stevie Awards under the Innovation in Technology Development. The nomination further received the highest scoring among the other nominations in the China nation and won the “Grand Stevie Award” in the corresponding nation. “We are delighted that DataHOUSETM AR Remote Hand managed to win the recognition from industry practitioners in the global community,” concluded Mr. Li.

    About the awards
    Organized by BroadGroup, the information media technology and professional services company, Datacloud Global Awards recognise the team, products, innovations, initiatives and projects that demonstrate data centre, Edge, cloud innovation and service excellence. Judged by a panel of 26 industry experts, the Awards offer a chance to acknowledge the industry’s successes across 15 separate categories.

    For more information about CITIC Telecom CPC’s awards and recognition, visit https://www.citictel-cpc.com/EN/HK/Pages/about-us-accreditation

    About CITIC Telecom CPC
    We are CITIC Telecom International CPC Limited (CITIC Telecom CPC), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited (HKG: 1883), serving multinational enterprises the world over by addressing their specific ICT requirements with highly scalable tailored solutions built upon our flagship technology suites, comprising TrueCONNECT(TM) private network solutions, TrustCSI(TM) information security solutions, DataHOUSE(TM) cloud data center solutions, and SmartCLOUD(TM) cloud computing solutions.

    With the motto “Innovation Never Stops”, we leverage innovative technologies, embracing AI, AR, Big Data, IoT, and other cutting-edge emerging technologies to transform technical potential into business value for our customers. As enterprise digital transformation partner, we strive to help our customers achieving industry-leading position, high agility and cost-efficiency through digitalization.

    Bringing with our Global-Local capabilities, we are committed to providing our customers with one-stop-shop ICT solutions with superior quality. Having a worldwide footprint across 160 countries, including Asia, Europe and America, Africa, the Middle East, and Central Asia, our global network resources connect over 160 points of presence (POPs), 18 Cloud service centers, 30+ data centers, and two dedicated 24×7 Security Operations Centers (SOCs). As one of the first managed service providers in Hong Kong to achieve multiple ICT-related certifications, including ISO 9001, 14001, 20000, 27001, and 27017, we have been offering professional local services, superior delivery capabilities as well as exceptional customer experience and best practices through our global presence and extensive industry know-how, becoming a leading integrated intelligent ICT service provider to enterprise customers.

    For more information please visit www.citictel-cpc.com

    Media Contact:
    June Tay
    CITIC Telecom International CPC Limited
    (65) 6692 8357
    Email: june.tay@citictel-cpc.com

  • Pertama Digital announces 4 product partners for its digital bank

    Pertama Digital’s inclusive approach to building an ethical digital bank

    Pertama Digital Berhadannounced today that it has secured the first four product partners, Trevo, Paywatch, Qoala and Butterfly FX, which will bring expertise and solutions in their respective fields to plug into Pertama Digital’s proposed digital bank.

    This comes after its recent announcements on securing Crowdo Holdings Pte Ltd and INFOPRO Sdn Bhd as consortium partners to apply for a digital banking licence from Bank Negara Malaysia.

    In order to build a digital bank that empowers financially underserved Malaysians, Pertama Digital has built strong relationships with existing financial inclusion innovators, such as these companies, on ethical financial products addressing insurtech (takaful), gig economy and edtech.

    Pertama Digital’s Director of Strategy Saify Akhtar said: “We are very excited to collaborate with our new product partners to build financially inclusive solutions for the Rakyat. Over the years, we gained valuable experience and insights from delivering digital financial services to the financially underserved via MyPay and eJamin. Pertama Digital champions people-private-public partnerships and has attracted product experts within the local and regional financial inclusion ecosystem such as these four partners. We are taking position as the platform that facilitates flow of value between innovators and the Rakyat.”

    Trevo, Paywatch, Qoala and Butterfly FX share our common values to stay close to the Rakyat and permanently place customers at the centre of the digital bank strategy and business model. Together, our impactful solutions will help vulnerable Malaysians gain access to efficient, affordable and user-friendly digital financial services, which are needed now more than ever in the face of economic and social challenges presented by the pandemic.”

    Trevo, incorporated as Future Mobility Solutions Sdn Bhd, is a fully owned subsidiary of car-rental platform SOCAR Malaysia. Currently the largest P2P car-sharing marketplace in Southeast Asia, Trevo enables those not financially equipped to lease or purchase cars, to own one by only paying for it as needed. On the other hand, a different segment of users can make money from sharing their cars when it is not in use, which helps to alleviate the financial burden of servicing their monthly loan instalments. Pertama Digital will establish a Shariah-compliant short-to-medium term Digital Investment Trust that will be used to, among others, offer vehicle financing to the needy via Trevo’s products. The digital bank will provide the initial seed fund and manage it on behalf of customers from the underserved group as micro-investors. This product allows individuals like delivery riders to not only earn an income doing deliveries but also from the very assets they use to do so; the vehicles.

    Paywatch, a winner of the Gig Economy Challenge hosted by the United Nations Capital Development Fund (UNCDF), Bank Negara Malaysia, Malaysia Digital Economy Corporation (MDEC) and MetLife Foundation, partners with employers and banks to provide B40 workers instant access to earned wages, in real-time, before payday – without disrupting the existing human resource operations of employers. In collaboration with Pertama Digital, Paywatch strives to serve as a bridge for low-income workers to access low-cost financing directly from Paywatch’s major financial institutional partners. In this way, they deter workers from turning to informal and predatory lenders and facilitate access to legitimate institutions for the financially underserved. As a regional player, Paywatch has offices in Seoul, Kuala Lumpur and Hong Kong, with representatives in Singapore.

    With its head office in Jakarta, Indonesia, Qoala is the leading insurtech in Southeast Asia that has expanded its reach across Malaysia, Vietnam and Thailand, helping millions of consumers get access to affordable insurance and convenient claims by leveraging technology. Qoala will work with Pertama Digital to help protect the financially underserved through takaful coverage for vehicle owners and operators among the B40 group, takaful payout to cover sick leave days and microtakaful to cover reduction in or loss of income of MSMEs and cash-earners.

    EdTech provider Butterfly FX, part of the UNCDF Financial Innovation Lab cohort, is a women-led social enterprise that provides solutions for underserved communities. Their behaviour-based financial education platform is based on years of experience in financial literacy outreach serving Projek Perumahan Rakyat communities in Malaysia, combined with product design for global Fortune 500 companies. Microfinance institutions, fintechs and other institutions have leveraged their solutions in Malaysia, the Philippines and Haiti, to ensure better financial understanding and more informed financial product adoption, particularly in the area of micro-financing and credit for MSMEs. Pertama Digital will collaborate with Butterfly FX to equip underserved communities (including MSMEs) with knowledge and skills in personal finance management, in order to achieve positive financial well-being. The latter will provide bite-sized and principles-based content, including animations, to make the experience more memorable for learners’ understanding and real-life application.

    “The pandemic has surfaced opportunities to innovate and deploy solutions rapidly for both social and commercial gain, especially in the space of financial inclusion. Our research shows that a large number of small businesses and the Rakyat are concerned about the future of their income and livelihood. This is where our digital bank and all stakeholders in the financial ecosystem, can play a role for the greater good by coming together to help those of us who have been affected. We feel reassured about finding and working with these partners who have proven that their solutions will meet the nation’s financial inclusion goals,” concluded Saify.

    Issued by: Sense Consultancy on behalf of Pertama Digital Berhad

    For further media enquiries please contact:
    Anthony Lee
    Tel: +6012 338 3705
    Email: anthony@leesense.com

    Jaz Ng
    Tel: +6012 202 0096
    Email: jaz@leesense.com

  • Public-Private Partnerships Online Masterclass is Now Back by Popular Demand

    Public-Private Partnerships Online Masterclass is Now Back by Popular Demand

    Infocus International Group has launched the Public-Private Partnerships (PPP) online masterclass which will be commencing live on 17 August 2021. Throughout the eight sessions, attendees will be mastering PPP project analysis, financing, contracts & transaction management techniques.

    We need new infrastructure. Roads, airports, schools, hospitals and housing: the list is enormous and growing. Yet severely limited budgets, economic uncertainty caused by volatile commodity prices, and deficits continue to prevent governments at all levels from delivering the kinds of structural change that have always been needed. In response, some countries have developed successful PPP programmes. Merely grasping the concepts of PPP does not do justice to our great responsibility of having ownership in the country’s future. We already know what we need to do, now is the time to really discover how.

    Course Highlights:

    – PPP policies, strategies, laws & units for implementing successful PPP transactions
    – Identifying & selecting appropriate projects for PPPs
    – Models for analyzing PPP projects
    – Managing & completing PPP feasibility studies
    – Financing techniques for PPP to ensure long-term PPP bankability and affordability
    – Managing and overseeing PPP procurements & achieving transaction closure
    – PPP stakeholder management & sustainability techniques
    – Managing long-term PPP contracts for ensuring service delivery, price regulation, and dispute resolution

    This masterclass features a rigorous new interactive methodology that requires attendees to demonstrate their understanding of each module’s practical techniques and learning outcomes. Every 10-15 minutes throughout each session, attendees will be required to complete either focused review questions for selecting among a range of PPP decisions, or brief group exercise assignments. Attendees should be prepared to actively participate, and not merely to “watch & listen” video presentations.

    Case studies of PPP transactions will feature the real-world details of PPP feasibility studies, tender documents, impact assessments, and PPP agreements to provide first-hand understanding of the challenges of PPP transactions. Experiential exercises will place you into the practical role of key management decision-makers who not only need to analyze and understand PPP investment proposals, but who have to make real-world decisions on transactions. As a result of actively engaging in this program’s methodology, you will be able to make practical decisions on PPP strategies, projects, and transactions for your organizations following the workshop’s completion.

    Want to learn more?
    Simply email to emilia[at]infocusinternational.com or call +65 6325 0210 to obtain your FREE COPY of event brochure. For more information, please visit https://www.infocusinternational.com/ppp-online.

    About Infocus International Group

    Infocus International is a global business intelligence provider of strategic information and professional services for diverse business communities.

    Infocus International recognises clients’ needs and responds with innovative and result oriented programmes. All products are founded on high value content in diverse subject areas, and the highest level of quality is ensured through intensive and in-depth market research from local and international insights.

    Emilia Mok
    Tel: +65 6325 0210 | Email: emilia[at]infocusinternational.com
    Website: www.infocusinternational.com

  • Left unchecked China would bring more conflict to the South and East China Seas

    Unless China is countered, conflict would be a matter of when, not if

    – Interview with Carl Thayer, Emeritus Professor, University of New South Wales, by NW Ali

    SYDNEY, June 9, 2021 – (ACN Newswire) – Carl Thayer, Emeritus Professor at The University of New South Wales, Canberra, spoke to NW Ali last week about maintaining national sovereignty during the increasingly contentious disputes in the South China Sea.

    – NW Ali : How can the South China Sea Disputes be settled? How can the Sovereignty of Nations be protected? How can this Dispute be handled without further regional instability?

    – Carl Thayer : There are two types of disputes in the South China Sea, sovereignty disputes and disputes over sovereign jurisdiction (over maritime zones and resources).

    Sovereignty disputes can only be settled by the agreement of parties to the dispute. Article 33 on the Charter of the United Nations states, “The parties to any dispute… shall, first of all, a seek a solution by negotiation, enquiry, mediation, conciliation, arbitration, judicial settlement, resort to regional agencies or arrangements, or other peaceful means of their own choice.”

    Disputes over sovereign jurisdiction can be settled directly by the parties concerned or by international arbitration that is mutually agreeable. State parties to the United Nations Convention on the Law of the Sea (UNCLOS) can make a claim to have their case resolved by binding (compulsory) dispute settlement.

    In reality, disputes in the South China Sea cannot be settled in the foreseeable future but only managed. That is because China and Vietnam both claim “indisputable sovereignty” over rocks and features in the South China Sea and will not compromise. Domestic public opinion in both countries has become so riled that the current regimes have little room for manoeuvre.

    Nations can protect their sovereignty by what international relations specialists call “self-help”, that is building up and modernising their armed forces for self-defence and to deter an adversary. Nations can also ally with other states to share the burden of protecting national sovereignty. The UN Charter makes provision for the Security Council to take action if a state is threatened by force or the use of force.

    Current disputes in the South China Sea could be managed through a legally binding and enforceable Code of Conduct ratified by all states in dispute. Or, current disputes could be managed through a balance of power in which a coalition of like-minded states bands together to maintain the peace.

    – NW Ali : What are Japan’s strategic interests in the East and South China Seas? How have these interests shaped Japan’s approaches to its own territorial claims?

    – Carl Thayer : Japan is an island state dependent on two-way trade, and the import of energy in order for its economy to function. China is Japan’s largest trading partner. And Japan currently administers the Senkaku Islands in the East China Sea over which China asserts a claim to sovereignty. Japan is also a treaty ally of the United States which has declared that the treaty covers the Senkaku Islands.

    Japan’s strategic interests are to maintain a peaceful regional security environment, especially on the Korean peninsula where North Korea possesses nuclear weapons and the means of delivery. Japan’s strategic interests include maintaining a robust alliance with the United States in order to protect freedom of navigation and overflight, lawful commerce, and Japan’s sovereignty over the Senkakus.

    Japan’s strategic interests extend into the South China Sea because it is dependent on secure sea lines of communication for two-way trade. Japan also has a strategic interest in maintaining the U.S.-led balance of power in East Asia against the rise of China.

    Japan is an advanced economy. Its Constitution renounces the use of force. Japan has therefore chosen to develop modern self-defence forces and a coast guard to secure its interests. Japan, therefore, has the ability to use its Coast Guard to push back against repeated Chinese incursions around the Senkaku Islands.

    Over time Japanese leaders have re-interpreted Article 9 of the Constitution so that Japan can gradually play a greater role in contributing to regional security. Japan thus contributes to building up the maritime capacities of the Philippines and Vietnam.

    – NW Ali : What is at stake for the countries involved in the East and South China Sea disputes (China, Japan, the Philippines, Vietnam, Malaysia, Taiwan, and Brunei)? Is armed conflict between China and its neighbours imminent?

    – Carl Thayer : Among the countries in your question, only China and Japan are involved in maritime disputes in the East China Sea. Japan has a stake in defending its sovereignty and maintaining its alliance with the United States. China’s stake is to seek hegemony by disrupting the Japan-U.S. alliance. Japan’s stake is existential, in order to preserve its sovereignty and prevent its subordination to China it must build up sufficient self-defence forces to deter China while securing ironclad U.S. guarantees to come to Japan’s assistance if it is menaced by China.

    The South China Sea disputes involve six parties: China, Taiwan, Vietnam, the Philippines, Malaysia, and Brunei. China and Taiwan have congruent claims to sovereignty and sovereign jurisdiction in the South China Sea.

    China’s stake is to overcome the century of humiliation of the colonial era and become the hegemonic power in East Asia by disrupting the network of U.S. alliances and getting the U.S. to retreat from the area.

    Taiwan has limited international recognition. The Republic of China was the first to advance claims over the South China Sea by drawing up an eleven-dash line map outlining the areas it claimed. Taiwan’s stake is to prevent its further international marginalization and to protect its presence on Taiping Island (Itu Aba) in the Spratly Islands.

    Vietnam, the Philippines and Malaysia occupy land features (rocks) in the South China Sea. They have a stake in the preservation of international law and the status quo so they can exploit and develop the marine resources in their Exclusive Economic Zones. They all face an assertive China that employs such “grey zone” tactics as lawfare, intimidation and bullying. All of these countries face a dilemma as China is their largest trading partner and could apply economic sanctions. All of these three countries welcome a U.S. presence but none want to be forced to pick sides. Therefore, all three countries stress the importance of ASEAN centrality and dialogue as the means of managing their disputes with China.

    Brunei does not claim and land features in the South China Sea. Brunei is currently transitioning from a wealthy economy based on the exploitation of hydrocarbons, to an economy that must diversify as hydrocarbon resources are depleted. China has stepped in to invest in Brunei to assist this transition. Brunei’s economic well-being and autonomy are at stake. Brunei thus joins Vietnam, the Philippines and Malaysia in stressing the importance of ASEAN centrality and dialogue as the means of managing relations with China

    The possibility of armed conflict between China and its neighbours is low because China pursues a strategy of using “grey zone tactics”, that is, intimidation and bullying by its Coast Guard, maritime militia and fishing fleet that falls below the threshold of armed force. However, China’s use of lawfare has entered an uncertain period with the promulgation of its Law on the China Coast Guard authorising the use of armed force and destruction of facilities constructed by claimant states in specified circumstances.

    An outbreak of armed conflict would be short in duration and China would prevail due to its preponderance of force. Vietnam, the Philippines, Malaysia and Brunei have all adopted a low military posture to mitigate the likelihood of armed conflict.

    – NW Ali : How real is the recent assessment of US officials about a Chinese invasion of Taiwan being imminent? Under what circumstances do you think Xi would take such a huge risk?

    – Carl Thayer : There is growing consensus among government and strategic analysts that the prospect of war between China and the United States is increasing.

    The Australian Department of Defence, 2020 Defence Strategic Update issued in July 2020, assessed that “Major power competition, coercion and military modernisation are increasing the potential for and consequences of miscalculation. While still unlikely, the prospect of high-intensity military conflict in the Indo-Pacific is less remote than at the time of the 2016 Defence White Paper, including high-intensity conflict between the United States and China.”

    Australia’s former Prime Minister and Minister for Foreign Affairs Kevin Rudd argued in August 2020, “The once unthinkable outcome – actual armed conflict between the United States and China – now appears possible for the first time since the end of the Korean War. In other words, we are confronting the prospect of not just a new Cold War, but a hot one as well (“Beware the Guns of August – in Asia,” Foreign Affairs, August 3, 2020).”

    More recently, in March 2021, the then Commander of the U.S. Indo-Pacific Command, Admiral Phillip Davidson stated in remarks to the Senate Armed Services Committee, “I worry that they’re [China’s] accelerating their ambition to supplant the United States and our leadership role in the rules-based international order… by 2050. Taiwan is clearly one of their ambitions before that. And I think the threat is manifest during this decade, in fact, in the next six years.”

    There is also consensus that war is not imminent. China is not taking any steps to prepare for an invasion that has been detected by national technical intelligence means.

    A strategic analyst speaking to this author off the record said the time frame for a possible Chinese invasion of Taiwan would come during the latter half of the 2020s and early 2030s.

    China likely would take the risk of invading Taiwan when it felt the balance of military power had decisively shifted in its favour and that China would prevail in two scenarios. In the first scenario, China would calculate that it could invade and take control of Taiwan before the U.S. could mobilise an effective response. In the second scenario, China would conclude that the United States lacked the will to respond.

    – NW Ali : How effective do you think the US floating port would be in dominating SCS? Has there been any progress on the talk of the US setting up an independent fleet for SCS?

    – Carl Thayer : China has so militarised its seven artificial islands in the South China Sea that if conflict suddenly broke out with the United States, any U.S. Navy warship in the South China Sea, including a floating expeditionary base ship like the recently commissioned USS Miquel Keith, would be at risk. The current U.S. strategy is to position precision strike missiles around the South China Sea to overcome China’s current dominance.

    The USS Miquel Keith would be a definite asset supporting U.S. expeditionary forces in a limited conflict by conducting mine counter-measures or supporting special forces and launching helicopter assaults. Sea control of the South China Sea would require a preponderance of naval force including submarines, surface warships, aircraft carriers and auxiliary vessels.

    In November 2020, in the waning days of the Trump Administration, Secretary of the Navy Kenneth Braithwaite announced his Department’s intention to stand up the 1st Fleet with responsibility for the Indian Ocean. The Biden Administration’s proposed budget for the U.S. Navy in Fiscal Year 2020 does not provide funding for a 1st Fleet.

    — Carlyle Thayer is Emeritus Professor at The University of New South Wales Canberra and Director of the Thayer Consultancy. He is a Southeast Asia regional specialist who has taught at the Australian Defence Force Academy, Asia-Pacific Center for Security Studies, Australian Command and Staff College, and Centre for Defence and Strategic Studies, Australian Defence College. [https://unsw.adfa.edu.au/carlyle-thayer]

  • The 10th edition of Big CIO Show virtually convened India’s top CIOs

    The 10th edition of Big CIO Show virtually convened India’s top CIOs

    The 10th edition of Big CIO Show – India gathered major stakeholders of India’s technology ecosystem such as government think-tanks, technology experts and leading technology solution providers, to discuss the critical infrastructure, where digital transformation can help the nation boost economic competitiveness.

    The attendees were enlightened by the speakers from governments and enterprises such as Dr Rajendra Kumar – Additional Secretary, MeitY, Government of India; Ripu Bajwa – Director and GM, Data Protection Solutions, Dell Technologies; Golok Kumar Simli – Chief of Technology, Ministry of External Affairs, Government of India; Sudhir Kanvinde – Executive Director – IT, Ministry of Ports Shipping, Government of India; Sanjiv Mehta – Country Manager, AMD; Sridhar S – VP, Managed Services – Cloud, Hosting and Security, Tata Communications Ltd; Veneet Sharma – Regional Sales Director – APAC(IAM), Thales; Rajiv Ramanan – Director – Technology Partnerships, Freshworks Inc.; Harish Sekar – Senior Technical Evangelist, Manage Engine, a division of Zoho Corp; to name a few.

    The show covered key topics such as driving businesses to reassess transformation roadmap, understanding the value of customer data platforms, the rise of native clouds, cyber security implications of working remotely, edge computing gaining the edge, emergence of the software-defined enterprise, future of data centres, and more.

    Key highlights and takeaways from Big CIO Show – India include:

    Sridhar S, VP, Managed Services – Cloud, Hosting and Security Tata Communications Ltd discussed at length on the topic ‘From Technology to Business Innovation with Unified Cloud Experience’. He stated that “It is very clear that cloud is becoming a biggest business improvement machine. The innovations that one can bring about in your business model has made us realize that all these are important as we go ahead into the future because we need to be present everywhere and we need to be present close to the customers.”

    In a panel discussion on the topic ‘The Cyber security Implications of Working Remotely’, moderated by Jacxine Fernandez, VP, Cyber Security at Adani Group, the panellists discussed key areas such as ‘Protecting the remote workforce’ major cyber-attack trends of 2020 and alternatives to the current solutions on remote working and much more.

    Dell Technologies tech talk on the topic ‘Increase your agility with Multi-Cloud flexibility’ stated that “Business transformation is a pre-requisite for all organizations and is crucial for every kind of business.”

    While speaking about ‘Digital Transformation in Government’, Dr Rajendra Kumar, Additional Secretary, Ministry of Electronics and Information Technology, Government of India mentioned that “MeitY has unveiled its vision for 2025, to create USD 1 trillion of economic value using digital technology in India.”

    Ranganath Sadasiva, CTO, Hybrid IT at Hewlett Packard Enterprise, while delivering a keynote on ‘Fuelling Edge-to-Cloud Digital Transformation’, mentioned that, “HPE essentially focuses on workloads that prevail in the marketplace today and ensure that it delivers right kind of compute resources for everything as a service.”

    A highly engaging keynote addressed by Veneeth Sharma, Regional Sales Director – APAC (IAM), at Thales on ‘Somebody Else’s Mistake: Our Learning’. In his discussion, he mentioned that “There is knowledge in the organization, but not all aspects are covered. A dive is used to formulate an architectural approach where security is designed, and no aspects are left uncovered.”

    Rajiv Ramanan, Director, Technology Partnerships at Freshworks Inc. discussed at length on ‘The Greater Good – Building a Digital-Ready Culture’. He stated that, “Because of the change in customers that have come in so rapidly due to the pandemic, DT journey of enterprises has been accelerated by more than 5 years, and for the customers for more than 7-10 years.”

    “While pandemic-related challenges have manifested themselves in a variety of ways across industries, businesses survive to emerge from these pandemic effects, CIOs are tasked with driving rapid growth and profits. It is ‘all hands on deck’ for organizations to recover and get back into development mode,” says Mithun Shetty, CEO of Trescon.

    The show was hosted on the virtual events platform Vmeets which helped the participants to network and conduct business in an interactive and immersive virtual environment. Participants were also able to engage with speakers in Q&A sessions and network with solution providers in virtual exhibition booths, private consultation rooms and private networking rooms.

    Big CIO Show – India was officially sponsored by – Presenting Sponsor – Dell Technologies and AMD; Powered By Sponsor – TATA Communication; Co-Powered By Sponsor – Hewlett Packard Enterprise and Team Computers; Gold Sponsors: Thales and Technobind, Freshworks and Silver Sponsor – ManageEngine

    About Big CIO Show

    Big CIO Show is a thought-leadership-driven, business-focused initiative that provides a platform for CIOs who are looking to explore new-age technologies and implementing them in their organizations.

    For further details, please contact:
    Monith M Shetty
    Corporate Communication Executive
    marketing@tresconglobal.com

  • InfiRay Releases World’s 1st 8 Micron Thermal Camera Detector

    InfiRay Releases World’s 1st 8 Micron Thermal Camera Detector

    InfiRay has developed the world’s 1st 8 micron uncooled thermal camera detector, with a large array (1920 x 1080) and core technologies including a low noise readout circuit, high uniformity VOx film, sub-wavelength optical absorption structure, and small pixel self-heating effect compensation.

    A higher spatial resolution has been achieved and moving target capture capability improved, all marking important milestones in the technology and development of uncooled thermal camera detectors.

    InfiRay 8 Micron Wafer over A Real-shot from InfiRay’s 8 Micro 1920 x 1080 Thermal Camera Module

    Development History of InfiRay’s Infrared Technology
    InfiRay specializes in the research and development of thermal imager technology. Main products include IRFPA thermal camera detectors, thermal camera modules and thermal imagers, well known for their high sensitivity. The products are applied in a wide variety of settings, such as epidemic prevention and control, industrial temperature measurement, security, outdoor night vision, and automotive night vision.

    As a company focused on technological innovation, InfiRay has maintained half of its staff in R&D and has been awarded with 714 patents over the past 8 years, as well as achieving 8 important iterative thermal upgrades in pixel size, from 35 micron, 25 micron, 20 micron, 17 micron, 14 micron, 12 micron, 10 micron, to 8 micron today.

    In early 2019, InfiRay released a 10 micron HD thermal camera detector with the world’s smallest pixel size, becoming the 2nd company in the world to possess an advanced 10 micron uncooled thermal imager technology. Today, InfiRay refreshes the record again by releasing an 8 micron thermal camera detector, filling the global development gap.

    In 2020, InfiRay developed the ASIC image processing chip, replacing traditional FPGA thermal imagers with a setup characterized by less volume, lower power consumption and higher performance, able to meet the SWaP3 (Size, Weight, Power Consumption, Performance, and Price) application requirements of a new generation of thermal camera detector.

    InfiRay Masters Leading ‘Ultra Clear’ Thermal Imager Technology
    At the heart of each InfiRay thermal imager is a thermal camera detector which is engraved ‘InfiRay(R)’, meaning the world’s most advanced thermal imager, independently developed by InfiRay. Thus the thermal imager is at work not only providing ‘Ultra Clear’ thermal images, but detecting farther hot targets.

    InfiRay’s R&D comprises senior engineers experienced in various technological fields including integrated circuits, electronic materials, MEMS sensors, packaging & testing, and thermal imager algorithms. With ongoing research into the VOx materials used in MEMS sensors and thermal camera detectors, InfiRay masters the ‘Ultra-Clear’ technologies of high-performance thin films and the integrated processes of today’s thermal imager industry.

    InfiRay’s ‘Matrix III’ Patented Image Processing Algorithm
    Thermal camera detectors capture heat to convert into thermal images, but the absence of an imager lens may result in image unevenness. InfiRay developed Matrix III, an integrated algorithm to enhance original thermal images and improve the visibility and feasibility of object recognition. Matrix III compensates for blind pixels that appear in the imaging process, so final thermal imager can generate superior contrast and completeness, and realize detail and definition processing based on thermal imaging.

    New Applications with the 8 Micron Thermal Camera Detector?
    Thermal imagers are tending toward smaller, smarter, and easier to integrate. InfiRay’s 8 micron thermal camera detector will drive new demand for thermal imaging applications on mobile phone, AI, IoT (Internet of Things), autonomous driving, consumer electronics, outdoor night vision, smart home, and smart security.

    InfiRay’s P2 Thermal Camera for Smartphone (2021), which can be directly connected to the mobile phone, is ultra-thin (only 9mm) and ultra-light (only 9g). With the new 8 micron era, the sizes of thermal camera detectors have been increasingly reduced. Thus high-definition thermal imagers can be perfectly integrated with mobile phones. Let’s look forward to the breakout applications that will follow in our lives.

    Media Contact
    Echo Sun, orders@infiray.com
    W: www.infiray.com
    T: +86 535 3410616

    SOURCE: InfiRay Technologies Co., Ltd.

  • Infocus International Announces New Online Training on Renewable Energy Power Purchase Agreements

    Infocus International Announces New Online Training on Renewable Energy Power Purchase Agreements

    Infocus International Group has announced a brand new online training – Renewable Energy Power Purchase Agreements (RE PPAs) and it will be commencing live on 3 August 2021. The practical models and techniques for analyzing & structuring, drafting, and negotiating Renewable Energy Power Purchase Agreements for bankable green investments in today’s competitive energy markets.

    In the global marketplace of the 2020s, both developed and developing economies urgently need to master the key techniques and models for transforming to renewable generation while strengthening the reliability of new energy markets and systems. These focus on adapting and negotiating the latest models for RE PPAs and on rapidly attracting new private investments in renewable energy sources. Unlike past fossil-fuel based Independent Power Project (IPP) models that featured standardized take-or-pay contracts – today’s renewable energy markets demand more innovative incentives to attract RE supply, conform to RE generation availability, ensure power system reliability, as well as more attractive and sustainable mixtures of fuel sources. Government power sector strategies are now struggling to choose among different practical incentives for new private investments in renewable technologies including solar energy, wind power, bio-mass incineration and mini-hydro investments.

    This interactive five sessions training will provide clear explanations of the new models of Renewable Energy PPA risk allocation, of ensuring project bankability, of allowing RE generators to compete in energy markets and power pools. The practical models for RE investment credit enhancements will be demonstrated through a series of real case examples of RE PPA contracts, renewable project finance transactions, and competitive energy markets. Case Studies will include real examples from Southeast Asia, South Asia, the Middle East, Europe, and North America.

    Benefits of Attending:

    – Best practices from international case studies of successful RE PPAs to avoid common pitfalls
    – Direct the legal design of RE PPAs based on your own company’s risk profile and corporate goals
    – Lead strategies for the design and regulation of new competitive electricity markets to attract renewable private power investments
    – Develop clear incentives for bankable private investments in renewable energy generation
    – Environmental, social & governance (ESG) impact mitigation techniques to ensure sustainability
    – Manage successful renewable power project finance transactions

    This online training features a dynamic combination of experiential exercises and practical case studies to reinforce the ability of participants to apply RE PPA analysis, structuring, and negotiation techniques to real transactions.

    Want to learn more?
    Simply email emilia[at]infocusinternational.com or call +65 6325 0210 to obtain your FREE COPY of the event brochure. For more information, please visit https://www.infocusinternational.com/pparenewable.

    About Infocus International Group

    Infocus International is a global business intelligence provider of strategic information and professional services for diverse business communities.

    Infocus International recognises clients’ needs and responds with innovative and result oriented programmes. All products are founded on high value content in diverse subject areas, and the highest level of quality is ensured through intensive and in-depth market research from local and international insights.

    Emilia Mok
    Tel: +65 6325 0210 | Email: emilia[at]infocusinternational.com
    Website: www.infocusinternational.com

  • SMEStreet Partners with Wadhwani Foundation to Support Growth of MSME Sector

    SMEStreet Partners with Wadhwani Foundation to Support Growth of MSME Sector

    The Micro Small and Medium Enterprises (MSME) sector is a hidden gem and critical for accelerating job growth and also GDP growth of the country. It has the potential to create 50-60 million jobs in the next few years. However, today, MSMEs face an existential crisis. Wadhwani Foundation’s flagship program Wadhwani Advantage’s research estimates that close to one-third of the 60-70 million of MSMEs face survival anxiety and a threat of being wiped out. This will render about 10% of our GDP under threat given the impact of COVID-19. This would put to threaten the employment of 30 million people working in these MSMEs. The second wave of COVID has already increased the unemployment rate close to 10%. In 2020, in the first wave, it rose to over 35% at its peak. Additionally, the Advantage program team’s model suggests that the NPA incidence is rising and hovers between 7-35% in the SME segment.

    While the situation looks gloomy, the biggest unleveraged advantage that the Indian MSME sector has is the entrepreneurs own willpower to survive and fight back. Indian entrepreneurs are known the world over for being resilient and productive even in adversities. All that is needed in today’s time is to create a spark to ignite positive energies to look beyond the challenges and chase success with the opportunities at hand.

    To strengthen their well-being, SMEStreet Foundation with the support from Wadhwani Foundation is proud to announce the launch of SMEStreet GameChangers Forum – a nationwide MSME outreach, education and Opportunity showcase exercise which will motivate entrepreneurs to understand the potential around them. The intention of this initiative is to bring back the fighter spirit among Indian Entrepreneurs by showcasing positivity in the form of promising business opportunities.

    On collaborating with Wadhwani Foundation, Mr Faiz Askari, Founder of SMEStreet Foundation said, “This tie up will fetch great results of business growth, learning and empowerment for MSMEs and entrepreneurial development. We are very thankful to the great committed organization – The Wadhwani Foundation which is supporting us from the perspective of their knowledge and expertise”.

    This program – SMEStreet GameChangers Forum will engage and influence over 5 Million MSMEs across India. SMEStreet Foundation is excited to start this exercise in association with Wadhwani Foundation. This program will have a deep intervention by the Advantage team at the Foundation to help MSMEs do discoveries and undertake transformations, supported by a series of Webinars, Panel Discussions, Articles and Podcasts all aimed to educate and motivate entrepreneurs. This exercise is an extension of SMEStreet GameChangers Award Listing Initiative which recognized individual success stories that have influenced and encouraged business growth in the tough times of COVID Pandemic

    “We are delighted to partner with SMEStreet and help the MSMEs in these times. COVID or no COVID, our job is to empower entrepreneurs, to train them to make sound business decisions with our tools, content, connects on a technology platform ‘Genie’ that opens the world of help to the entrepreneurs. Helping a job creator-MSMEs grow faster is amplifying thousands of family-supporting jobs in India,” says Samir Sathe, EVP, Advantage Program-Wadhwani Foundation.

    This program seeks to enable acceleration of some of the neglected areas of the MSME sector in India. The Wadhwani Advantage program provides growth strategy and long-term support to MSMEs to help them grow by 2X-10X by identifying and solving their business challenges. The endeavor is to bring in data-driven problem solving habits and empower them with all-round capabilities for sustainable growth. In India, and globally, it has helped ~1000 SMEs and influenced the 15000 jobs in the last 2 years.

    About Wadhwani Foundation

    Wadhwani Foundation was founded in 2000 by Dr. Romesh Wadhwani, with the primary mission of accelerating job creation in India and other emerging economies through large-scale initiatives in entrepreneurship, small business growth, innovation, and skilling. The Wadhwani Foundation operates in 20 countries, including India, Southeast Asia (Indonesia, Malaysia, the Philippines), East Africa (Kenya, Uganda, Rwanda), Southern Africa (South Africa, Botswana, Namibia), West Africa (Nigeria, Ghana), Egypt, and Latin America (Mexico, Brazil, Peru, Chile). The Wadhwani Foundation works in partnership with governments, foundations, corporations, and educational institutes.

    About SMEStreet

    Started as a media platform for MSMEs in 2014, SMEStreet has evolved as a knowledge-sharing focused media platform. In its journey, SMEStreet is dedicated to ad value in the business ecosystem of MSME entrepreneurs, Startups and policymakers who are working in the area of MSME development. In all these years, SMEStreet has received national level and global attention. In 2018, the founder-editor of SMEStreet was invited to participate in the United Nations South-South Global Expo in New York. The Platform – SMEStreet is founded by Faiz Askari who has spent close to two decades in media and various forms of strategic communications. WIth an added aim to work with entrepreneurs and create a guided roadmap for their success, SMEStreet Foundation is created in 2020 with a vision to support Entrepreneurs in their roadmap of business development.

    For More
    Tabinda Hilal A
    9354645130
    verticalbusinessmedia@gmail.com