Aon Increases Stake to 100 Percent in Aon India Insurance Brokers, Acquiring Remaining Share from Catamaran

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About Catamaran

Catamaran is a catalyst for creating innovative enterprises in India and manages over $1 billion across asset classes. Catamaran invests in bold ideas from passionate entrepreneurs and works with them across stages to build successful enterprises. Further, it has partnered with respected global corporations to create enduring enterprises in India. Catamaran also invests in listed companies catering to large markets, with high standards of corporate governance and the ability to stay resilient across economic cycles. Please visit https://catamaran.in/ for more details.

Aon Increases Stake to 100 Percent in Aon India Insurance Brokers, Acquiring Remaining Share from Catamaran

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World Rugby Partnering With Unions And Regions To Grow The Sport

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World Rugby Partnering With Unions And Regions To Grow The Sport

Participation is one of the three core pillars of World Rugby’s strategic plan launched in April; Plan is focused on empowering the 128 member unions and six regions by increasing their capacity and capability; Ambition to increase the total global playing population to over 10 million by 2025.

In line with strategic commitment to grow the women’s game, this plan aims to increase active female players by a further 10 per cent; Successful Get into Rugby and Impact Beyond programmes to be expanded.

World Rugby has today published a modern, ambitious and player welfare driven participation plan which is focused on empowering it’s 128 member unions and six regions by increasing their capacity and capability to deliver participation growth for all forms of the sport around the globe.

Participation, alongside competition and engagement, is one of the three core pillars of World Rugby’s strategic plan – ‘A Global Sport for All – True to its Values’ – which was launched in April with a key aim to advance the growth of the sport through to 2025.

View World Rugby participation plan HERE

Rugby is a global growth sport, seeing strong upward trends in participation and gender equality over the last decade with more women and girls being encouraged into the game than ever before.

While the effects of the ongoing global Covid-19 pandemic continue to impact all sports, World Rugby’s participation plan aims to implement the foundations of long term, sustainable growth. This will be achieved by supporting unions to increase their capability to promote participation through reaching new recruits but also through the retention of existing players.

With uniting the rugby family at heart, the plan sets out how the sport will attract new participants and welcome back players following the global pandemic through a commitment to make it as safe, accessible, attractive and enjoyable as possible for all.

World Rugby is investing £570 million in the development of the sport between 2020-2023, including support for unions and regions for the development of the game. This will be further enhanced through the provision of a greater range of services to better enable them to grow the game around the world.

The participation plan recognises the diversity that exists across the globe and that unions are at different stages of development, with the need to adopt a differentiated approach that sees resources concentrated on supporting player retention in established nations, and on reaching new players in emerging nations.

The successful Get into Rugby programme will continue to be a core element of World Rugby’s participation plan and has been updated and improved to promote greater retention in the game.

The Get Into Rugby programme enables unions and regions to increase the number of new players, coaches and referees entering the game while also promoting the unique values of the game and aims to allow boys and girls to enjoy playing for the first time in a safe, enjoyable and progressive environment, in line with the principles of World Rugby’s Charter for Rugby.

The World Rugby Impact Beyond Programme uses World Rugby tournaments as a catalyst for the growth of the game. Impact Beyond Programmes are run alongside all major World Rugby events, focusing on development, participation, coaching, volunteering and business programmes to further support the growth of the game.

The Rugby World Cup 2019 Impact Beyond programme inspired 2.25 million new rugby participants in Asia, including 1.18 million in Japan alone. The new participation plan aims to grow the Impact Beyond programme into a key sport for development programme aimed at using rugby and its values as a basis to affect social change and improve the lives of people around the world.

Player welfare is at the heart of World Rugby’s strategic plan and the recently launched mission to cement rugby as the most progressive sport on player welfare underpins the participation plan. In line with the core ‘welfare focused law amendments’ pillar of the welfare strategy, the participation plan is currently driving feasibility of adapted laws for the community game via a Community Laws Framework.

In addition, work has also begun reviewing of the game’s non-contact rugby variants, to offer a wider set of options for unions to adopt to attract new participants and welcome back those who may want to play contact rugby.

Long term outcomes will focus on creating stronger unions and regions, as measured by a new Union Development toolkit and an ambition to increase the total global playing population to over 10 million, and those playing regularly inactive teams to over 6m by 2025.

In line with World Rugby’s ongoing strategic commitment to grow the women’s game, the participation plan aims to increase active female players by a further 10 per cent by 2025.

A big focus of the plan is to create longer sustainable structures to promote lifelong participation in the game. The ambition to reach 60,000 active teams globally is an important part of establishing those structures.

World Rugby Chief Executive Alan Gilpin said: “The unions and regions are the lifeblood of the sport and our participation plan is rightly focused on strengthening and empowering our members to increase their capacity and capability to grow the game around the globe, reaching out to both existing and potential new participants.

“While recognising the challenges facing sport and wider society as a result of the Covid-19 pandemic, the plan sets out World Rugby’s long-term mission to grow participation across all forms of the game. The plan incorporates the ambition to continue to build a stronger, safer game that remains accessible to all.

“Participation is one of three core pillars in our new strategic plan, alongside competition and engagement, and is ultimately the reason we exist as an organisation. Our resolute focus on player welfare transcends all of our strategic planning and underpins this new participation plan. The future for rugby is bright and this plan aims to capitalise on the opportunity to further globalise and grow the game we love.”

FG, State Governors Partner To Endorse Special Agro-industrial Processing Zones Programme

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FG, State Governors Partner To Endorse Special Agro-industrial Processing Zones Programme

…Partners to mobilize $520 million for Phase 1

Nigeria’s Federal and State governments have expressed overwhelming support for an initiative to create Special Agro-industrial Processing Zones (SAPZ) – public-private partnerships aimed at developing priority value chains through developing infrastructure in rural areas, focused on finishing and transforming raw materials and commodities.

At a high-level briefing session held on Monday, Minister of Finance, Budget, and National Planning Dr. Zainab Shamsuna Ahmed, who hosted the meeting, reaffirmed the Federal Government’s commitment to put in place enabling policies and incentives to attract private sector investment in the Zones, to ensure successful implementation.

“The Federal government is committed to successfully implementing the programme to increase agricultural production, reduce poverty, and scale up job creation across the country,” Ahmed said.

The participants, representatives of the African Development Bank Group, the International Fund for Agricultural Development (IFAD) and the Islamic Development Bank (IsDB), provided progress updates on the scheme, following their consultations with key stakeholders within the public and private sectors.

Director-General of the African Development Bank’s Nigeria Country Department, Lamin Barrow said the zones would be rolled out in 18 African countries, including Nigeria.

The Nigeria Special Agro-industrial Processing Zone programme consists of four mutually reinforcing components – infrastructure development and agro-industrial hubs management; agriculture productivity and production; policy and institutional development; and programme coordination and management.

“The Bank and its development partners are mobilizing $520 million to co-finance the first phase of the program in Nigeria, be implemented in phases across six geo-political zones,” Barrow said.

Ahmed said all 36 States in Nigeria and the Federal Capital Territory would be eligible to participate in the SAPZ programme. In addition to the Federal Capital Territory and 7 states – Kaduna, Kano, Kwara, Imo, Cross River, Ogun and Oyo – participating in Phase 1, several other states have indicated an interest in the SAPZ programme. These include Bauchi, Lagos, Niger, Jigawa, Ekiti, Lagos, Taraba, Benue, Sokoto, Ondo, Nasarawa, Gombe and Kogi.

Prof. Oyebanji Oyeleran-Oyeyinka, Senior Adviser on Industrialisation to the President of the African Development Bank, said “the zone model is an explicit industrialization strategy to transform poor rural spaces into zones of prosperity, stem rural-urban migration, end human insecurity induced by herder-farmers clashes, and provide employment to Nigerian youth.”

Minister of Industry, Trade and Investment, Otunba Richard Adebayo, commended the strategic initiative of the African Development Bank and its partners, and added “strong private sector participation will ensure that the project aligns with the Federal Government’s industrialization agenda.”

Also present at the meeting African Development Bank Group’s Vice President for Agriculture, Human and Social Development, Beth Dunford, said, “In the same manner that SAPZs have worked in other countries, it will create jobs, develop skills, and facilitate agricultural value chains development in Nigeria. Private sector investment is critical to the success of the SAPZs, as well as having the right policies in place. Action is needed now. The African Development Bank is ready to accelerate this action.”

IFAD’s Associate Vice President for Programme Management, Donald Brown said, “this flagship project will enable us to take our relationship with the African Development Bank to another level. Our relationship started 43 years ago, and since then we have worked together on 52 projects. But I think the Special Agro-industrial Processing Zones are the biggest and most high-profile project that IFAD and the Bank will work on together.”

Solomon Quaynor, African Development Bank’s Vice President for Private Sector, Infrastructure and Industrialization, noted that “the quality of industrial policies and design will influence the quality of private sector operators that can be attracted into the Special Agro-industrial Processing Zones.”

Ougfaly Badji, IsDB’s Senior Agricultural Economist said the zones would enable producers, processors, and the entire agricultural value chain in Nigeria, to become more functional and profitable.

Special Agro-industrial Processing is a flagship initiative of the Bank’s ‘Feed Africa’ strategic priority. They aim to provide end-to-end solutions and services that de-risk production, processing, and marketing operations of private sector actors as they boost manufacturing and transformation capacity in production areas.

The end result is improved livelihoods for millions in the rural areas as well as a reduction in poverty.

RISE Conference returns to Hong Kong for five consecutive years

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HONG KONG SAR – Media OutReach – 2 September 2021 – Today the Hong Kong Tourism Board (HKTB) and Web Summit announced that RISE, “one of the world’s most influential tech events”, will return to Hong Kong in March 2022, as an in-person event. This highlights Hong Kong’s thriving startup economy, leading position in innovation and technology, as well as its status as The World’s Meeting Place for business events to tap tremendous opportunities in the region.

 

RISE was launched in Hong Kong in 2015 and has already hosted five successful events, becoming Asia’s largest tech event, according to CNBC. Over the years, the event has attracted thousands of global tech founders, startups and investors to the city, such as Joseph Tsai, Co-founder & Executive Vice Chairman of Alibaba, John Collison, Co-founder & President of Stripe, Peggy Johnson, CEO of Magic Leap, and Neil Shen, Founding Managing Partner of Sequoia Capital China. The event has become an important window for companies from both East and West to make connections in new markets. With the HKTB teaming up with InvestHK and AsiaWorld-Expo, Hong Kong has once again won as the host city of RISE for the coming 5 years.

 

The Secretary for Commerce and Economic Development, Edward Yau, said: “I’m very excited to see RISE, a world-renowned tech event, returning to Hong Kong. This is a testimony of Hong Kong’s success to containing the pandemic and keeping infection rate among the lowest in the world, thereby giving international event organisers confidence that they can stage their events here safely. I am sure the staging of RISE will showcase Hong Kong’s capacity to deliver amid the challenges posed by the epidemic, and connect our tech start-up ecosystem with that of the globe. I look forward to welcoming more world class business events to Hong Kong, injecting new vigour into our economy.”

 

Paddy Cosgrave, Co-founder and CEO of the RISE Conference and Web Summit said: “We are extremely grateful for the support the city of Hong Kong has given RISE over the last five years, and we couldn’t be more excited to return in person in 2022. We’ve seen the region’s tech and startup economy grow from strength to strength since we launched RISE in 2015.”

 

Cosgrave continued: “We always intended to come back to Hong Kong at some stage. RISE has grown to what it is today after five successful years in the city. The event has now become an important nexus that connects the East and the rest of the world. CEOs and investors from around the world want a window into the region, and vice versa.”

 

HKTB Chairman Dr YK Pang said: “We welcome the return of RISE to Hong Kong for another five years in 2022–2026. The city’s state-of-the-art infrastructure and venues, complemented with a favourable business environment and unique travel experiences, are all part of the equation reflecting Hong Kong’s appeal for international business events. With Hong Kong’s strategic location in the Guangdong-Hong Kong-Macao Greater Bay Area, event participants can also capitalise on the multitude of opportunities in the region. With the strong commitment to hygiene and safety across all community sectors, the city is gearing up for a new milestone, and the HKTB will continue to make its best efforts to maintain Hong Kong’s status as The World’s Meeting Place.”

 

Chairman of the AsiaWorld-Expo Mr Ng Chi-kee added: “Hosting RISE in the coming 5 years bears an impactful significance to the recovery of Hong Kong’s MICE sector, as it marks the return of top-class international events to Hong Kong. With stringent anti-epidemic measures in place and our quality service, we will continue to work closely with organisers to deliver world-class events to maintain Hong Kong as the Asia’s premier meeting hub and attract more international events to the city.”

 

Hong Kong boasts a growing and diverse startup economy. Between 2018 and 2020, the number of local startups rose 28 per cent to 3,360, with non-locals accounting for 26 per cent of founders. Additionally, in 2020, foreign direct investment (FDI) in the city surged by 62 per cent year-on-year, to US$119 billion, making Hong Kong the third largest FDI recipient in the world, behind the United States (US$156.3 billion) and mainland China (US$149.3 billion). According to the World Bank, Hong Kong ranks third in the world for ease of doing business.

 

RISE will take place as an in-person conference in AsiaWorld-Expo from 14 to 17 March 2022. 

About RISE

According to Forbes, RISE attracts “the most brilliant minds in international tech”. The event will bring together the world’s leading founders, investors and multinationals, as well as the most promising startups in Hong Kong. They will be joined by journalists from major global media outlets and thousands of attendees, to create unparalleled networking potential.

About Web Summit

Forbes says Web Summit is “the best tech conference on the planet”; Bloomberg calls it “Davos for geeks”; Politico “the Olympics of tech”; and the Guardian “Glastonbury for geeks”. In the words of Sky News, Web Summit is “the world’s most influential tech event”, and the Telegraph calls it the “planet’s ‘best’ tech conference”.

About the Hong Kong Tourism Board

The Hong Kong Tourism Board (HKTB) is a Government-subvented body. Operating 15 offices around the world and representative offices in seven different markets, its primary mission is to maximise the social and economic contribution that tourism makes to the community of Hong Kong and to consolidate the city’s position as a world-class destination. The HKTB works closely with the Government, travel industry and other partners to promote Hong Kong worldwide, widen the range of tourism products Hong Kong offers, elevate service standards, and enhance the visitor experience.

#HongKong #MEHK #TheWorldsMeetingPlace #DiscoverHongKong #events #eventprof #techevent #innovation #technology #tourism #RISEConf #startup

Kuhlmann International Launches in Singapore

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New Experience Centre for leading German modular interior builder of home solutions opens in October 2021

SINGAPORE – Media OutReach – 2 September 2021 – Bespoke modular interior builder, Kuhlmann International, has recently opened an office in Singapore. Launched in 1923, the German brand, represented by TMB Pte Ltd, specializes in offering a total home solution encompassing kitchens, wardrobes, storage systems, loose furnishings and architectural interior finishes.

https://www.facebook.com/kuhlmanninternational

Instagram: https://www.instagram.com/kuhlmann__international/

LinkedIn: https://www.linkedin.com/in/kuhlmann-international-229270210/

Pinterest: https://www.pinterest.com/Kuhlmanninternational/

URL: www.kuhlmanninternational.com

About TMB

TMB Pte Ltd was formed in 2004 to introduce modular interior solutions for residential and commercial clients in Singapore. The company specialises in converting old, tired property into high yielding hospitality real estate through a framework of customised renovations inclusive of back-end electrical set-up.

#KuhlmannInternational

CBN Denies Non-Remittance Of 80% Surpluses

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CBN Denies Non-Remittance Of 80% Surpluses

The Central Bank of Nigeria (CBN) has denied allegation that it failed to remit 80 per cent of its operational surpluses into the Consolidated Revenue in the last five years.

Dr Kingsley Obiora, CBN Deputy Governor in charge of Economic Policy, said this at the senate public hearing on 2022-2024 Medium Term Expenditure Framework (MTEF)  in Abuja.

Obiora was reacting to an allegation by Sen. Solomon Adeola (APC-Lagos) that the CBN has not remitted its operational surpluses for five years.

He said 80 per cent of the apex bank’s operational surpluses had always been remitted to the CRF on yearly basis.

Obiora explained that the remittance was done in line with the provisions of the Fiscal Responsibility Act (FRA) and not that of the CBN Act, which stipulated 75 per cent remittance.

“With due respect to the Senate and in particular to this committee, the CBN, as a law-abiding government agency, has not at any time defaulted in the remittance of its operational surpluses.

“We do this on a yearly basis as required by the Fiscal Responsibility Act, despite the fact that the CBN Act requires us to remit 75 per cent only, ” he said.

Responding, Adeola urged the CBN to produce documentary evidence to prove its remittances to the committee on Sept. 3.

He also urged the apex bank to produce its audited account for the last five years.

Materna IPS deploys Biometric Face Recognition at Tokyo Haneda Airport

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TOKYO, JAPAN – Newsaktuell – 2 September 2021 – Tokyo International Airport (HANEDA), the 4th largest airport in the world, chose the German SBD provider to equip their self-service installation with the Materna IPS One ID journey.



Biometric passenger identification at Tokyo Airport Haneda


Via 1:1 verification the passenger’s scanned government issued ID picture gets matched with the image captured at the kiosk. The result can enroll into the airports Face Express system at the self bag drop making it a unique cooperation of both systems. That way Tokyo Haneda Airport ensures a streamlined passenger processing while improving airport efficiency and security.

By offering passengers to identify themselves at the self-service touchpoint, physical contact with airport staff and therefore the risk of infection will be minimized. Contactless technology has become an important way to maintain the strict security standards during the pandemic.

Last year Materna IPS successfully installed a total of 104 self bag drop kiosks in Terminals 2 and 3 of the airport. These kiosks have now been upgraded by the unique biometric authentication process (Face Express) in cooperation with Collins Aerospace.

Yuya Yamazaki, Technical Project Manager of TIAT, said: “On behalf of TIAT including management level, we would like to express our sincere appreciation to Materna IPS to release this program before Tokyo 2020 Olympic and Paralympic Games, which is one of our goals of this project.”

With implementing this major project at Tokyo International Airport (HANEDA), Materna IPS continues its market entry in Japan and is expanding its international growth.

Upgrading the Haneda SBD installation with the biometric journey does not only significantly increase the airport’s efficiency and security but also lets Materna IPS extend its business activities in the Japanese market and so expand its international growth.

About Materna IPS GmbH

Materna IPS GmbH (Intelligent Passenger Solutions) as one of the most renowned suppliers for airports and airlines around the world, delivers solutions for automated passenger handling at airports. The company’s range of products and services comprises hardware and software implementations as well as service and maintenance. Their international branches in the USA, Canada, India and the United Kingdom enable Materna IPS to support their customers individually and to react quickly and professionally to market requirements. Materna IPS GmbH is a 100% subsidiary of Materna Information & Communications SE with its headquarters in Germany. The Materna Group currently employs more than 2,600 people around the world and generated sales of 355.1 million euros in 2020.

Picture is available at AP Images (http://www.apimages.com)

#MaternaIPS

TECNO launches new brand slogan of Stop At Nothing in India

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TECNO pays tribute to human pursuit of purpose and potential

NEW DELHI, INDIA – African Media Agency – 2 September 2021 – Global premium smartphone brand,

#TECNO #StopAtNothing

CPA Australia: Most Accountants Predict GBA Will Become World-Leading Technology Hub

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HONG KONG SAR – Media OutReach – 2 September 2021 – Sixty-one per cent of surveyed accounting and finance professionals predict the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) will become a world-leading technology hub within five years, according to one of the world’s largest professional accounting bodies, CPA Australia.

cpaaustralia.com.au

#CPAAustralia

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