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Category: Business

  • HKTDC International Sourcing Show | ONLINE attracts 23,000 buyers

    Click2Match creates cross-industry opportunities
    Online-and-offline sourcing emerges as new trend

    The HKTDC International Sourcing Show is the first online-and-offline trade exhibition organised by the Hong Kong Trade Development Council (HKTDC).

    The online section of the show, the HKTDC International Sourcing Show | ONLINE, which opened on 17 March, featured more than 1,400 exhibitors from 20 countries and regions, attracting some 23,000 buyers from 131 countries and regions. The show drew buyers from Hong Kong and around the world, including India, Indonesia, Japan, Mainland China, Malaysia, the Philippines, Taiwan, the United Arab Emirates and the United States.

    The HKTDC International Sourcing Show | ONLINE featured more than 1,400 exhibitors from 20 countries and regions and 19 pavilions, attracting some 23,000 buyers from 131 countries and regions to source online.
    More than 7,000 video meetings were conducted during the online fair, allowing buyers and exhibitors to make business deals amid the pandemic.
    A series of webinars was hosted during the online fair, including “International Sourcing Outlook”, “Survive and Thrive: Leveraging End-to-end E-commerce Solutions” and “Utilising Licensing to Expand Your Business”. The webinars recorded more than 44,000 views in total, equipping companies with up-to-date insights on the latest trends in sourcing and marketing.

    To help businesses capture new opportunities, the HKTDC mobilised its network of 50 offices worldwide together with its artificial intelligence-powered online business matching platform, Click2Match, to connect exhibitors with buyers. As of 31 March, more than 7,000 online business matching meetings had been successfully conducted, facilitating buyers and sellers to capture new business opportunities and help them overcome the impact of the pandemic.

    Following a successful debut at HKTDC Autumn Sourcing Week | ONLINE last year, the HKTDC once again offered 3D virtual booths at the International Sourcing Show | ONLINE. It also launched a product video production service to help small and medium-sized enterprises (SMEs) design and produce promotional videos, facilitating them to showcase their products in a more eye-catching way and get better prepared for the era of digitalised sourcing. Both the 3D booths and the video service were well received by exhibitors.

    Exhibitors and buyers positive about hybrid exhibition format
    Even though the global pandemic situation is showing signs of improvement in some regions, its impact continues to be profound. Benjamin Chau, Deputy Executive Director of the HKTDC, believes that global sourcing will become increasingly digitalised and that future trade fairs will be more likely to offer a hybrid model of online and offline sourcing to reap the benefits of both formats. “When physical fairs resume, the HKTDC will continue to organise regular online sourcing events that will feature different themes and will align with the sourcing cycles of different industries. Our goal is to generate even more business opportunities for suppliers and buyers globally,” Mr Chau said.

    As the trend for combining online and offline sourcing gains traction, the HKTDC conducted an online survey to gauge the views of exhibitors and buyers joining the International Sourcing Show. The survey found that the majority of exhibitors surveyed (80%) considered that trade fairs with online elements will become their major promotional channel in the future, while 96% said they would participate in the HKTDC’s online and physical exhibitions again. According to the survey results, most buyers (82%) indicated an intention to participate in trade fairs offering online and physical elements to develop both online and offline business opportunities.

    Regarding business results, more than 80% of exhibitors said they had achieved one of the following objectives through the event, including generating new sales leads, meeting new customers, promoting their company’s brands and products, and launching and promoting new products. Over 90% of buyers agreed that the show helped them seek out new products and new suppliers and get a better understanding of market trends.

    Click2Match helps facilitate business discussions and deals
    Many companies taking part in the show were successful in finding either buyers or suppliers through the Click2Match platform. Rachel Chan, Business Development Specialist at Avery Dennison (Hong Kong) Ltd, said the online fair offered her company a good opportunity to introduce its total printing solutions and RFID labels to buyers from different industries. “We are very happy to have video meetings with more than 10 new buyers from different places including Mainland China, India, Malaysia and Thailand. The buyers are keen to develop cooperation opportunities with us, and we hope to continue receiving new sales leads or enquiries. The online show also helped to increase our company’s exposure.”

    Atitaya Dechboon, a representative of Fashion Hometex Co Ltd in Thailand, said “We have made four new contacts with buyers from Mainland China, Brazil, Poland and Saudi Arabia. We expect potential orders worth US$100,000 from three new buyers. We are very satisfied with the Click2Match service which allowed us to arrange video meetings as frequently as we liked without any time conflicts.”

    Artem Mykhailyk, Chief Operational Officer at Micon Trade LLC in Ukraine, was interested in sourcing smart wearable devices and DVR cameras. “Through the International Sourcing Show | ONLINE, we have found three potential suppliers from Mainland China and Taiwan. We plan to place orders worth US$280,000 with these suppliers. The show provided a unique and well-arranged online sourcing platform that offered an alternative to physical exhibitions amid the pandemic. I found it easy and convenient to find suitable products and make appointments with potential suppliers.”

    Hanna Touma Bechara, Manager at Modern Electronics Co in Lebanon, found two potential suppliers from Hong Kong and Mainland China through the online fair. “Our budget for buying audio systems is US$30,000. Due to travel restrictions under the global pandemic, online trade shows like this are the only way we can find new suppliers for the time being.”

    Intelligence Hub webinars let companies feel the market’s pulse
    The Intelligence Hub set up during the online fair hosted 17 webinars which featured more than 60 industry experts sharing the latest industry developments and trends, attracting more than 44,000 views in total. The most popular webinars include “International Sourcing Outlook”, “Survive and Thrive: Leveraging End-to-end E-commerce Solutions”, “Utilising Licensing to Expand Your Business” and “Toys & Children’s Products Safety & Regulations Updates”. In addition, the HKTDC launched the “Let’s Go Phygital: Power Up for the New Normal” seminar series, helping SMEs adapt to the hybrid online and offline sourcing model, with the first round of webinars held during the online show. The videos of the webinars have been uploaded to the Intelligence Hub webpage (https://isshow-online.hktdc.com/en/intelligence-hub), enabling companies to review insights from industry luminaries anytime, anywhere.

    The International Sourcing Show is first HKTDC exhibition to adopt an online-and-offline format, integrating the seven HKTDC trade fairs* that were originally scheduled to run in spring 2021. The online part of the show is available from 17 March to 29 July, while the physical exhibition will be staged from 26 to 29 July at the Hong Kong Convention and Exhibition Centre. While the Click2Match business matching service for the online show has concluded, buyers can continue sourcing with exhibitors through the upgraded hktdc.com Sourcing platform (http://sourcing.hktdc.com) until the end of July 2021.

    *The seven fairs are: the HKTDC Hong Kong Toys & Games Fair, HKTDC Hong Kong Baby Products Fair, HKTDC Hong Kong Houseware Fair, HKTDC Hong Kong International Home Textiles & Furnishing Fair, HKTDC Hong Kong Fashion Week, HKTDC Hong Kong Gifts & Premium Fair, and the Hong Kong International Printing & Packaging Fair. The latter event is co-organised by the HKTDC and CIEC Exhibition Co (HK) Ltd.

    Websites:
    HKTDC International Sourcing Show: https://isshow.hktdc.com/online/en/
    Intelligence Hub: https://isshow-online.hktdc.com/en/intelligence-hub
    Media Centre: http://mediaroom.hktdc.com/
    Photo download: https://bit.ly/3msyefr

    About the HKTDC
    The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly SMEs, in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via trade publications, research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn

    Media enquiries
    Please contact the HKTDC’s Communications & Public Affairs Department:
    Janet Chan, Tel: +852 2584 4369, Email: janet.ch.chan@hktdc.org
    Agnes Wat, Tel: +852 2584 4554, Email: agnes.ky.wat@hktdc.org

  • Hong Kong Digital Asset Exchange Launches the First NFT Trading Platform in Hong Kong

    Hong Kong Digital Asset Exchange Launches the First NFT Trading Platform in Hong Kong

    Facilitating the Development of the Digital Art Market

    Hong Kong Digital Asset Exchange (HKD.com), the first digital asset exchange to combine both an online platform and a sizable physical store in Hong Kong, plans to launch a one-stop NFT (Non-Fungible Token) trading platform in the third quarter of this year.

    It will be the first digital asset exchange in Hong Kong to introduce the blockchain technology and provide the NFT trading platform.

    Mr. Kelvin Yeung, founder and CEO of HKD.com introduced the details of the NFT Trading Platform.

    As the wave of globalization of digital crypto asset activities is sweeping through the entire world, NFT becomes the hot topic. As a head start, HKD.com plans to launch the NFT trading platform in Hong Kong, name as HKD.com NFT Trading Platform (tentatively), provides artists with an online platform for the artworks publishing, promotion, trading and payment, with diversified product categories, including digital art, encrypted collections of animation, music and movies etc. On the trading platform, users can trade through public offer or bidding, and carry out token trading and exchange; while artists can also publish their own digital artworks through the trading platform. HKD.com supports multi-national legal tender, major cryptocurrencies, and over-the-counter legal tender trading services. In addition, serving as a one-stop service platform, HKD.com also provides physical store exhibition services for artists.

    Mr. Kelvin Yeung, founder and CEO of HKD.com, said, considering the lack of a credible trading platform for digital creation in Hong Kong’s current market, HKD.com is determined to introduce the business of NFT and launch the trading platform. This not only can help the local artists to add value to their talents, but also can drive the development of the art market.

    NFT is a new form of digital assets, issued digital creations content of digital design digital music, digital video etc. on the blockchain. NFT is unique and can own the specific token authenticating ownership of the content. NFT can be widely used, and currently, is applied and growing fast in the art market.

    About Hong Kong Digital Asset Exchange
    Established in Hong Kong, Hong Kong Digital Asset Exchange (HKD.com) is a world-class platform for global digital asset trading. HKD.com is committed to the physicalization and popularization of digital currencies. In addition to a highly secured online digital currency trading platform, HKD.com has also set up a 10,000 sq. ft. store for digital currency trading in Hong Kong’s core commercial district, making it one of the biggest digital asset exchanges in Hong Kong. HKD.com also installs numerous cryptocurrency ATMs in Hong Kong and launches a POS system to promote cryptocurrency payment, enabling investors a convenient and reliable digital finance experience.

    Website: https://www.hkd.com/

    Media enquiries:
    Hong Kong Asia Culture Dissemination
    Tel: (852) 5578 2791

  • The Executive Centre launches the “What Is An Office” campaign

    The Executive Centre launches the “What Is An Office” campaign

    Do four walls and a desk make an office — apparently not!

    The pandemic has led to the greatest debate of all time – do people even need an office and if so, what do they want? Today, The Executive Centre (TEC), the leading premium flexible workspace provider across Asia Pacific and the Middle East, launches the “What Is An Office” campaign, which examines the elements that make up a dynamic, productive workspace.

    The campaign consists of a brand video, plus 4 product videos that examines how the workforce views the role of an office and asks the central question, “What Is An Office?” The short films explore how a positive working environment and agile working practices can help business operations, shedding light on the fundamental importance of a multi-purpose office to a company’s success.

    “The break from office has pushed people to reconsider what they require to create a positive working environment. People are waking up to the fact that an office should be more than four walls around a desk. — It is a space which fosters collaboration, communication and creativity,” said Paul Salnikow, TEC Founder and CEO. “While human interaction proves to be crucial for work and life, people are also keen to enjoy variety in work options, the future of work is shifting from purely remote to a hybrid model. Flexibility is key in future workplace strategies because choice has become an invaluable asset; people want to choose to access workstations, meeting rooms and breakout areas when they need it, and corporations are realising that incorporating a flexible element can also positively impact their bottom line.”

    TEC has found that the need for more flexible lease terms, robust technological infrastructure and internet connectivity for virtual get-togethers, as well as spacious event venues to host socially distanced conferences, and even on-demand passes to support their remote working teams has dramatically increased in the last year.

    A whitepaper report will also be released for free public download on the campaign website that looks into the history and future trends of office development, plus TEC’s approach to office design strategy.

    What is an office? Your work, your space, your choice.
    Visit the campaign website here: https://www.whatisanoffice.executivecentre.com
    The videos can be viewed here: https://youtu.be/ykUYq-XGoOA

    About The Executive Centre
    The Executive Centre (TEC) opened its doors in Hong Kong in 1994 and today boasts over 150+ Centres in 32 cities and 14 markets.

    The Executive Centre caters to ambitious professionals and industry leaders looking for more than just an office space — they are looking for a place for their organisation to thrive. TEC has cultivated an environment designed for success with a global network spanning Greater China, Southeast Asia, North Asia, India, Sri Lanka, the Middle East, and Australia, with sights to go further and grow faster. Each Executive Centre offers a prestigious address with the advanced infrastructure to pre-empt, meet, and exceed the needs of its Members. Walking with Members through every milestone and achievement, The Executive Centre empowers ambitious professionals and organisations to succeed.

    Privately owned and headquartered in Hong Kong, TEC provides first class Private and Shared Workspaces, Business Concierge Services, and Meeting & Conference facilities to suit any business needs.

    For more information please visit www.executivecentre.com.

    Press Enquiries:
    Finsbury Glover Hering
    Kitty Lam
    Kitty.Lam@fgh.com / +852 3166 9886

  • 6/49 Super Lotto Result Today, April 8, 2021 Thursday from PCSO

    6/49 Super Lotto Result Today, April 8, 2021 Thursday from PCSO

    METRO MANILA – The Philippine Charity Sweepstakes Office (PSCO) is releasing the official 6/49 Super Lotto Result at 9PM today, Thursday, April 8, 2021. Check your tickets now.

    6/49 Super Lotto is one of the most popular jackpot-bearing lottery games in the Philippines. It is drawn every Tuesday, Thursday, and Sunday, with an initial jackpot prize of P15.8 million.




    6/49 Super Lotto Result Today, April 8, 2021:
    [ 07-02-33-31-21-27 ]

    (View latest and past 6/49 Super Lotto results here)

    Jackpot can be won if you get the six winning numbers in any order. Please refresh this page after the 9PM draw for the latest result.

    How To Play 6/49 Super Lotto:

    Mark the selected six numbers from 1 to 49 on a playslip using blue or black ink or a pencil. Or you may play for a Lucky Pick (LP) if you want to have your selections picked randomly. You may play up to 6 advance draws by simply marking the preferred number of draws in the DRAW panel.

    SuperLotto 6/49 ticket costs 20.00 per standard play.




    Other Results: 2D | 3D | 6/58 | 6/55 | 6/49 | 6/45 | 6/42 | STL

    You may increase your chances of winning by playing the SYSTEM. You may opt to play Roll 5, Sys 7 up to Sys 12.

    To win a prize, you need to match at least three winning numbers. The more numbers you match, the greater your prize. For matching six numbers you win the JACKPOT amount.

    https://youtu.be/rEBki1sZxjg

    In the event that there are no winners for the jackpot, the jackpot prize pool is carried forward to the next draw. Thus, the jackpot can get bigger. In case of multiple winners, jackpot prize will be divided equally.

    To know if have you won, watched the live Lotto draw broadcasted over PTV4 and streamed over pcso.gov.ph, PCSO Games Hub and Philippine Charity Sweepstakes Office Official Facebook page and PCSO Official YouTube Channel at 9:00PM.

    Reminders from PCSO:

    You must be at least 18 years old to buy 6/49 Super Lotto Tickets or claim your winnings. The 20.00 play amount is inclusive of 20% Documentary Stamp Tax (DST)

    Players have the sole responsibility for checking the accuracy of the data printed on your ticket(s) including bet type, bet amount, the draw date you want to enter and the numbers you want to play.

    Please ensure that you check your numbers at the official PCSO website. BusinessNews.ph cannot be held responsible for any misprints, typos, or inaccuracies that lead to any financial loss or failure to claim winnings.

  • 6/42 Lotto Result Today April 8, 2021, Thursday from PCSO

    6/42 Lotto Result Today April 8, 2021, Thursday from PCSO

    METRO MANILA – Looking for the official 6/42 Lotto Result? Here is the official 6/42 Lotto Result Today, Thursday, April 8, 2021, based on the official draw of the Philippine Charity Sweepstakes Office (PCSO). Please refresh this page after the 9PM draw to view tonight’s winning combination.

    6/42 Lotto is one of the most popular 6-digit game in the Philippines. It is the country’s first national lottery game where players get the chance to win at least P5,940,000 (initial jackpot prize). The jackpot prize keeps on growing based on nationwide sales until there is a jackpot winner.




    6/42 Lotto Result Today, April 8, 2021 (PCSO)
    [ 11-19-02-26-16-39 ]

    (View latest and past 6/42 Lotto Results here)

    Please refresh this page after the 9PM draw to view the latest result. Congratulations!

    How to Play 6/42 Lotto:

    • Each Lotto 6/42 ticket costs 20.00. You may select your own 6-number combination from 1 to 42 on each board or play Lucky Pick (LP) and let the computer choose your numbers.
    • To play with the same selected numbers for more than one draw, mark your preferred number of draws you want to play in DRAW panel.
    • SYSTEM play is also available for this game. Simply select the 5R, SYS 7 up to SYS 12 option in your playslip to play your preferred System game and pay the corresponding amount.

    https://youtu.be/rEBki1sZxjg

    Live draws are broadcasted over PTV4 and livestreamed over pcso.gov.ph, PCSO Games Hub and Philippine Charity Sweepstakes Office Official Facebook page and PCSO Official YouTube Channel at 9:00PM every TUESDAY, THURSDAY and SATURDAY where the six (6) balls numbered 1 – 42 are selected.

    If the selected 6-number combination in your ticket matches the officially drawn 6-winning number combination you win the jackpot prize. However, if more than one player picks the same winning 6-number combination, the jackpot will be divided equally among the jackpot winners.

    Consolation or low tier prizes are also available for anyone who matched 5 out of 6 down to 3 out of 6 numbers.




    Reminders from PCSO:

      • You must be at least 18 years old to buy UltraLotto 6/42 Tickets or claim your winnings.
      • The 20.00 play amount is inclusive of 20% Documentary Stamp Tax (DST)
      • Players have the sole responsibility for checking the accuracy of the data printed on your ticket(s) including bet type, bet amount, the draw date you want to enter and the numbers you want to play.

    Please ensure that you check your numbers at the official PCSO website. BusinessNews.ph cannot be held responsible for any misprints, typos or inaccuracies that lead to any financial loss or failure to claim winnings.

  • 3D Lotto Result Today April 8, 2021 Thursday Based on PCSO Draws

    3D Lotto Result Today April 8, 2021 Thursday Based on PCSO Draws

    METRO MANILA – Here is the official 3D Lotto Result today, Thursday, April 8, 2021 from the Philippine Charity Sweepstakes Office (PCSO) based on 2PM, 5PM, and 9PM live draws online.

    3D also known as Swertres is one of the most popular digit games in the Philippines. The PCSO releases official 3D result / Swertres result for 08 April 2021 at 2pm, 5pm and 9pm. Refresh this page after the scheduled draw time to see the latest results.




    3D Lotto Result Today April 8, 2021 from PCSO (Swertres):

    2pm: 693
    5pm: 787
    9pm: 816

    (View latest 3D Lotto Result here)

    Congratulations to all the winners. if you did not make it in today’s draws, don’t worry, there are still more draws to come. 3D Swertres tickets are still at P20 each. Please check this post regularly for the latest 3D Swertres Lotto results from the Philippine Charity Sweepstakes Office (PCSO).

    Only persons aged 18 and above are allowed to play Swertres Lotto. Players are responsible for checking the accuracy of the data printed in their tickets.

    Other Results: 2D | 3D | 6/58 | 6/55 | 6/49 | 6/45 | 6/42 | STL




    https://youtu.be/rEBki1sZxjg

    How to play Swertres Lotto / 3D Lotto

    • Select your Swertres number combination by marking one (1) number out of numbers 0 to 9 in each of the three columns.
    • Mark LP (Lucky Pick) if you want the terminal to choose the number combination for you.
    • Select your play amount.
    • Mark Rambolito if you want to play Rambolito 3D Lotto System Bet.
    • For Advance Plays, mark the number of consecutive draws in the Draw panel.

    Where to Claim 3D Lotto Prize/s

    For P10,001.00 and up, excluding the Jackpot Prize, prizes can be claimed in PCSO Branch Offices in your area or at the PCSO Head Office.

    For P24 up to P10,000, prizes can be claimed at the Lotto outlet where you bought your ticket or at the PCSO Branch Offices in your are.

    Please ensure that you check your numbers at the official PCSO website. BusinessNews.ph cannot be held responsible for any misprints, typos or inaccuracies that lead to any financial loss or failure to claim winnings.

  • 2D Lotto Result Today April 8, 2021 Thursday from official PCSO Draws

    2D Lotto Result Today April 8, 2021 Thursday from official PCSO Draws

    METRO MANILA – The Philippine Charity Sweepstakes Office (PCSO) is drawing the official 2D Lotto Result Today Thursday April 8, 2021, for 2PM, 5PM, and 9PM draws. Check your tickets here to find out if you won!

    2D Lotto is also known as Ez2 Lotto. It is one of the most popular digit games in the Philippines. The PCSO conducts live draws via social media for this game at 2PM, 5PM, and 9PM every day.




    2D Lotto Result Today April 8, 2021:
    2PM: 27-17
    5PM:     31-01
    9PM:     24-07

    (View latest 2D Lotto Results here)

    Congratulations for winning today’s lucky combinations! For P10,001.00 and up, excluding the Jackpot Prize, prizes can be claimed in PCSO Branch Offices in your area or at the PCSO Head Office.

    For P24 up to P10,000, prizes can be claimed at the Lotto outlet where you bought your ticket or at the PCSO Branch Offices in your are in.

    https://youtu.be/rEBki1sZxjg

    Other Results: 2D | 3D | 6/58 | 6/55 | 6/49 | 6/45 | 6/42 | STL




    How to Play 2D Lotto:

    Using the 2D Lotto playslip, select a set of two (2) numbers from a field of 1 to 3. You may also play the Lucky Pick (LP) if you do not have any number in mind. After marking your chosen numbers, mark the amount that you’re going to play for each combination. Play amount varies from PhP12.00 to PhP600.00 inclusive of 20% Documentary Stamp Tax (DST).

    You can also mark “Rambolito” if you want to play the 2D Lotto System bet. The minimum play amount is 12.00 per 2-number combination.

    In playing via Advance Draws, mark how many consecutive draws you want to play in the DRAW panel. You can play the same numbers and play type for six (6) consecutive draws.

    Pay 12.00 for each play per draw.

    You win 4,000.00 for every 12.00 play, if your selected 2-number combination match the winning 2-number combination in exact order. If you have selected the winning 2-number combination and have chosen the “Rambolito” game, you win 2,000.00 for every 12.00 play.

    Reminders from PCSO:

    • You must be 18 years old or older to buy 2D Lotto Tickets or claim your 2D Lotto winnings.
    • The 12.00 play amount is inclusive of 20% Documentary Stamp Tax (DST)
    • Players have the sole responsibility for checking the accuracy of the data printed on your ticket(s) including bet type, bet amount, the draw date you want to enter and the numbers you want to play.

    Please ensure that you check your numbers at the official PCSO website. BusinessNews.ph cannot be held responsible for any misprints, typos or inaccuracies that lead to any financial loss or failure to claim winnings.

  • MMC Corporation Berhad Chooses Ramco Systems to Digitally Transform Five Ports in Malaysia’s Single Largest Port Transformation Programme

    MMC Corporation Berhad Chooses Ramco Systems to Digitally Transform Five Ports in Malaysia’s Single Largest Port Transformation Programme

    Leading Malaysian utility and infrastructure conglomerate MMC Corporation Berhad (MMC) announced that it has embarked on a major digital transformation of five ports, in partnership with global software solutions leader, Ramco Systems.

    Photo caption clockwise from top left: Dato’ Sri Che Khalib Mohamad Noh, Group Managing Director of MMC Corporation Berhad, Mr. P.R Venketrama Raja, Chairman of Ramco Systems Limited and Mr. Virender Aggarwal, Chief Executive Officer of Ramco Systems Limited during the virtual signing ceremony of Memorandum of Agreement on the Enterprise Resource Planning digital transformation.

    The digital transformation will consolidate and standardize processes of MMC’s ports, which include Pelabuhan Tanjung Pelepas Sdn Bhd (PTP), Johor Port Berhad, Northport (Malaysia) Bhd, Penang Port Sdn Bhd and Tanjung Bruas Port Sdn Bhd. The group-wide transformation was awarded based on the successful implementation of Ramco integrated Enterprise Resource Planning (ERP) system at one of Malaysia’s most advanced container terminal – PTP.

    This technological transformation programme will propel Malaysia to the forefront of global best-in-class ports – which plays a crucial role in mitigating supply chain challenges, including recent disruptions due to COVID-19.

    Building on an earlier implementation by Ramco Systems of an ERP system for PTP where about 90% of the system has achieved Go-Live in phases over the past 10 months, the enhanced rollout will digitalize processes, while providing real-time business information. MMC will also be able to consolidate various business support functions (namely Finance, Human Resource, Enterprise Asset Management, Supply Chain Management, and Logistics Management) across ports into a single integrated ERP system – all accessible on an integrated dashboard.

    Over 8,000 MMC employees across the ports will be plugged into the platform on their computers/mobile devices which now eliminates duplication errors and other bottlenecks, allowing efficient business processes and enhanced data visibility.

    The system will also include smart features such as Artificial Intelligence and Machine Learning (AI/ML), which will provide employees with greater insight as well as predictive alerts and chatbots which can reduce human error and save time. This will lay the foundation for MMC’s broader strategy to enhance the business experience to our customers and suppliers.

    “The COVID-19 pandemic has pushed several trends into the spotlight, such as e-commerce and strengthening the supply chain. More than ever, we see the importance of ensuring our ports remain efficient and capable of quick turnaround, and we had been looking for a partner which could provide a scalable solution for all our ports.

    With the support from Ramco Systems, MMC is committed to accelerating digital transformation that delivers efficiency, productivity and reliability within our ports to provide the best-in-class service for our customers. The implementation of a common system and integrated technology platform will further maximize synergies and allow all our ports to share expertise and benefit from economies of scale. We aim to leverage on technology as a key differentiator in order to gain a competitive edge and add value to our stakeholders,” said Dato’ Sri Che Khalib Mohamad Noh, Group Managing Director MMC Corporation Berhad.

    P.R. Venketrama Raja, Chairman, Ramco Group, said, “It is a great honor to work alongside the MMC Group to help upgrade its ports. The partnership is a significant milestone in Ramco’s history; the implementation of Ramco’s systems will optimize operational efficiency at MMC Group, thereby translating into faster turnarounds at Malaysian ports and impacting Malaysian trade.”

    “We at Ramco have established a strong Malaysian presence through our many years of engagements with multiple large conglomerates within the country, and this engagement was only possible through the hard work of the Ramco team in providing digital transformation to PTP. We look forward to working closely with the MMC team and am confident Ramco’s software will bring great value to MMC’s ports,” added Raja.

    About MMC Corporation Berhad

    MMC Corporation Berhad (“MMC”) is a leading utilities and infrastructure group with diversified businesses under four divisions, namely Ports and Logistics, Energy and Utilities, Engineering, and Industrial Development.

    Its key businesses under the Ports and Logistics division includes the port operations of Pelabuhan Tanjung Pelepas Sdn Bhd, Johor Port Berhad, Northport (Malaysia) Bhd, Penang Port Sdn Bhd, Tanjung Bruas Port Sdn Bhd and Kontena Nasional Berhad, a logistics provider. Internationally, MMC has a presence in Saudi Arabia via Red Sea Gateway Terminal Company Limited, a container port terminal within the Jeddah Islamic Port.

    Under the Energy and Utilities division, Malakoff Corporation Berhad is the largest Independent Power Producer in Malaysia and its subsidiary, Alam Flora Sdn Bhd, is one of the leading environmental management companies in the country. Under Gas Malaysia Berhad, we are the supplier of reticulated natural gas in Peninsular Malaysia operating and maintaining 2,468 kilometers of gas pipeline. Through Aliran Ihsan Resources Berhad, we provide full-fledge water services using high technology treatment in Malaysia.

    MMC’s Engineering Division has played a leading role as the Project Delivery Partner and underground works package contractor in completing 51 kilometers Klang Valley Mass Rapid Transit (“KVMRT”) Kajang Line (previously known as Sungai Buloh-Kajang Line) including 9.5 kilometers underground works. Currently, we are the main turnkey contractor for 52.2 kilometers KVMRT Putrajaya Line (previously known as Sungai Buloh-Serdang-Putrajaya Line). MMC also successfully completed the 329-kilometer Ipoh-Padang Besar Electrified Double Tracking Project as well as the innovative Stormwater Management and Road Tunnel (“SMART”) motorway, the first of its kind, dual-purpose tunnel in the world. MMC is currently in the final stage of completing the Langat Centralised Sewerage Treatment Plant (920,000 Population Equivalent) and Langat 2 Water Treatment Plant (1,130 Million Litres Per Day).

    MMC’s Industrial Development Division develops and manages approximately 5,000 acres of industrial developments namely Senai Airport City (“SAC”) and Tanjung Bin Industrial Park (“TBIP”) in Iskandar Malaysia, Johor and Northern Technocity (“NTC”) in Kulim Kedah. The SAC, TBIP and NTC developments come under the ambit of the Industrial Development division’s three operating companies – Senai Aiport City Sdn Bhd, Seaport Worldwide Sdn Bhd and Northern Technocity Sdn Bhd respectively.

    In other business, through Senai Airport Terminal Services Sdn Bhd, we are the operator of Senai International Airport in Johor Bahru – the southern aviation hub and an important gateway to Iskandar Malaysia.

    Inquiries: Please log on to www.mmc.com.my or call Azlina Ashar, Head of Group Corporate Communications, MMC Corporation Berhad, Tel: +603 2071 1124.

    About Ramco Systems

    Ramco is a next-gen enterprise software player disrupting the market with its multi-tenant cloud and mobile-based enterprise software in HR and Global Payroll, ERP and M&E MRO for Aviation. Part of the USD 1 billion Ramco Group, Ramco Systems focuses on Innovation and Culture to differentiate itself in the marketplace. On the Innovation front, Ramco has been focusing on moving towards Active ERP leveraging Artificial Intelligence and Machine Learning and Event-Driven Architecture by building features such as Talk It – which allows transactions to be carried out by simple voice commands, Bot it – which allows users to complete the transaction using natural conversations; Mail It – transact with the application by just sending an email; HUB It – one screen does it all concept built to address all activities of a user; Thumb It – mobility where the system presents users with the option to choose rather than type values and Prompt It – a cognitive ability which will let the system complete the transaction and prompts the user for approval.

    With 1800+ employees spread across 24 offices, globally, Ramco follows a flat and open culture where employees are encouraged to share knowledge and grow. No Hierarchies, Cabin-less Offices, Respect work and not titles, among others, are what makes the team say, Thank God it’s Monday!

    – Leader in NelsonHall’s NEAT Matrix for Next Gen Payroll Services
    – Winner of 2020 ISG Paragon Awards Asia Pacific, for ‘Transformation’ and ‘Collaboration’
    – Winner Global Payroll Transformation Project of the Year – 2019 by Global Payroll Association
    – Positioned as Major Contender in Everest Group’s Multi-Country Payroll Platform PEAK Matrix

    For more information, please visit http://www.ramco.com/
    Follow Ramco on Twitter @ramcosystems and stay tuned to http://blogs.ramco.com

    For further information, please contact:
    Vinitha Ramani
    +91-9840368048
    vinitharamani@ramco.com

  • AVIA OTT Summit 2021 – The Future of Video Streaming is Here!

    With the streaming wars well underway and more competition than ever, consumers are streaming more and spending more, with greater churn than we’ve ever seen before.

    The Asia Video Industry Association’s (AVIA) OTT Summit – The Future of Video Streaming welcomed 900 delegates and featured over 80 industry experts and leaders across the four-day conference this year.

    Opening the OTT Summit was the streaming analyst Matthew Ball, Managing Partner of Epyllion Industries, who presented a deep dive into the OTT industry in the United states, being the most mature, most competitive, and most valuable video market with the most consumptive media consumers in the world.

    In his session he highlighted that new subscriptions continued to dramatically outpace churn and content was clearly the key differentiator. And while content was king when it came to subscriber acquisitions, as a market matures it exhibits an unmistakeable preference for local content, as seen across the likes of China, India, Russia and France. “The OTT video industry is ultimately about content and the ability to create hit content is not equal,” added Ball. Another key point was the fact that aggregation was already here with services such as Apple and Amazon TV.

    This aggregation has led to a change in the way platforms operate today. For Euan Smith, Group COO and CEO, TV, Astro, their role as a platform was finding the best content and packaging it up into attractive bundles for the consumers in the most simplistic and attractive ways. Emily Wee, VP of Content & Operations at TM Net, also shared platforms were no longer the gatekeepers, as there were many ways for the consumers to subscribe now. “For the consumer… there has to be real value that we as the middleman put into the equation.”

    Putting the consumer at the heart of everything remained a key theme throughout the Summit, especially when it came to content strategy. For Kranti Gada, COO of Shemaroo Entertainment, their strategy was two-fold, with differing content to acquire consumers, and to keep them on the platform, as content challenges to fulfil consumer needs remained. As Lynn Ng, VP and Head of Content, APAC at Discovery Inc. summed up, “Ultimately, it comes down to consumer love.”

    However, addressing and monetizing these consumers remains the big question for premium video advertising. While OTT and Connected TV have grown exponentially both in volume and share, there is still a lot of education to be done as there is a lot more diverse ecosystem in TV now. Shared Anita Munro, Chief Investment Officer at Mindshare APAC, understanding consumption, understanding audiences and knowing where viewing is moving to is key to creating more seamless consumer journeys and more immersive content experiences.

    Rounding up the Summit, the technology panels also shared customer experience as the next frontier for innovation. For Raul Aldrey, Chief Product Officer at MediaKind, live sports presented the opportunity for hyper personalized experiences where fans could dictate how they wanted to interact with the content. Pankaj Kedia, MD, Emerging Markets, Dolby Laboratories, also saw a lot of opportunity for both content creators and service providers to uplevel their game, for higher engagement, consumption and monetisation. As Sunita Kaur, SVP, APAC, Twitch concluded, “Customer experience… is what is going to drive our future.”

    The OTT Summit is generously supported by Gold Sponsors Brightcove, Google, Irdeto, TV5MONDE, Xandr and Silver Sponsors Alibaba Cloud, Encoding.com, iWedia, Kaltura, Lionsgate, Mediacorp, MediaKind, NETFLIX, PubMatic, SmartLabs, Synamedia, Vindicia, WarnerMedia, Zixi.

    About the Asia Video Industry Association
    The Asia Video Industry Association (AVIA) is the trade association for the video industry and ecosystem in Asia Pacific. It serves to make the video industry stronger and healthier through promoting the common interests of its members. AVIA is the interlocutor for the industry with governments across the region, leads the fight against video piracy and provides insight into the video industry through reports and conferences aimed to support a vibrant video industry.

    For media enquiries and additional background please contact:
    Charmaine Kwan
    Head of Marketing and Communications
    Email: charmaine@avia.org
    Website: www.avia.org
    LinkedIn: www.linkedin.com/company/asiavideoia
    Twitter: @AsiaVideoIA

  • Deltacore Capital, LLC launches Deltacore Digital Global LP

    Deltacore Capital, LLC launches Deltacore Digital Global LP

    Deltacore Capital, LLC, the crypto-firm behind Deltacore Digital Assets LP, a hedge fund that trades crypto-assets, has announced Deltacore Digital Global LP, a 506(c) overseas hedge fund offering for international clients who wish to access Deltacore’s proprietary investment strategy, which has yielded 560.9% since its inception in April, 2018.

    Austin-based Deltacore has been at the forefront of cryptocurrency trading in the United States and is now placed to offer this opportunity to individuals and institutions around the globe.

    Deltacore Capital LLC, an award-winning Austin, TX-based hedge fund firm focusing on digital (crypto) assets.(www.DeltacoreCapital.com)

    Deltacore employs proprietary solutions that give it a unique advantage in the digital asset market. In addition to its research-driven, risk-managed investment strategies, Deltacore utilizes multiple verticals to complement its primary strategy, delivering upside during market volatility. Nor does it take a single-step approach to a market that is evolving daily. Deltacore has developed a technical trading strategy, focused on momentum and event-driven trades, using lending, staking, and other decentralized (DeFi) strategies to capture additional yield. The team is dedicated to providing clients full exposure to digital assets, with the risk management structure inherent in a traditional hedge fund.

    This has placed Deltacore Digital Assets LP in the top 40 of all 13,338 reporting funds by measure of its 2020 net performance according to Preqin. Deltacore Digital Assets has received multiple recognition awards for net monthly returns and ranks among the top 10, BARCLAYHEDGE Cryptocurrency by Sharpe ratio, over a rolling 12 month period.

    “We’re not here to predict markets, we’re here to be prepared for markets. Regardless of what happens, there’s always an opportunity. Preparation and proactive strategies keep us running during the toughest of times,” said Mark Palomba, Founder, CIO and General Partner at Deltacore Capital.

    The launch of Deltacore Digital Global LP marks a step in the continued growth of Deltacore Capital, and the cryptoasset market generally. With top economists and institutions moving into the cryptocurrency space, and the world moving towards mass adoption, the market for digital assets is only in the beginning stages. What was a relatively unknown investment vehicle a few years ago has recently become an essential addition to any portfolio. To learn more about Deltacore Capital LLC, please visit www.deltacoredigital.com.

    Deltacore Capital LLC – Austen, TX and Tampa, FLA – https://deltacorecapital.com.