New Music, ‘Jeff’ by Nosir debuts

Spade Gospel Entertainment (SGE) is excited to declare the release of the new song from Nosir, titled, Jeff. The song is available for listening on YouTube MusicApple iTunes and Apple Music.

Jeff is a musical satire that seeks to create awareness about child abuse. It’s a hilarious story about Jeff the ‘Baby Man’, a fictitious character, somewhat of a grown man in a toddler’s body. He is physically attractive and quite knowledgeable.

This has made him a catch by women who do not seem to notice that he is still just a toddler.

Speaking about the inspiration for the song, Nosir said, “The world right now is going through harsh social and economic conditions and I just wanted to create a song that is fun and also speaks to one of the ills of the society – child abuse.” 

Jeff is one of the songs from Nosir’s forthcoming hip hop album titled, ‘My Episode’.

He worked with the producer, Jujubeatz and MauriceStar, who mixed and mastered the song.

Nosir can be reached via his social media platforms, @iamnosir (Instagram), @Nosirsge (Facebook) and @iam_nosir (Twitter).

Listen to Jeff by Nosir here.

Ford’s Sales in Greater China Rebound in the Second Quarter; Grow 3 Percent Year-Over-Year

0
  • Total of 158,589 vehicles was sold during the second quarter, representing a 3 percent growth year-over-year and 78.7 percent sales increase compared to the first quarter of 2020
  • Strong consumer demand and favourable product mix supported by new vehicle launches helped drive sales rebound
  • Transit commercial vehicles experienced solid year-over-year growth of 60.9 percent, as did Lincoln luxury vehicles on gains of 12.0 percent.

Ford and its joint ventures, Changan Ford, JMC and Ford Lio-Ho, sold 158,589 vehicles in Greater China in the second quarter. Driven by strong demand following the lifting of COVID-19 pandemic restrictions, Ford’s quarterly sales grew 3 percent year-over-year and 78.7 percent quarter-to-quarter.

The company’s refreshed vehicle lineup, including the addition of the all-new Ford Escape and Lincoln Corsair, offered a favourable product mix to meet consumer needs. Sales were particularly strong in the commercial vehicle and luxury segments. Double-digit year-over-year increases were achieved by Transit commercial vehicles with sales of 15,007 units, up 60.9 percent, and Lincoln luxury vehicles with sales of 13,896 units, up 12.0 percent.

Second-quarter sales highlights

  • Ford brand SUVs sold 30,462 units in the second quarter, flat year-over-year, but an increase of 82.1 percent over the first quarter. Sales of the all-new Escape reached 11,290 units in the second quarter, while orders for the locally built Explorer, launched in mid-June, surpassed 2,000 units in the first two weeks of its launch
  • Lincoln brand luxury vehicles experienced consecutive sales increases in the three months of the quarter. Sales in May and June both exceeded the monthly record of 5,000 units, driven in large part by the popularity of the newly launched, locally built Lincoln Corsair, which sold 6,968 units in the quarter.
  • JMC sales of both Ford and indigenous brand vehicles reached 80,224 units in the second quarter, representing 33.8 percent growth year-over-year and more than double the volume sold in the first
  • Ford Lio-Ho sold 5,223 vehicles in Taiwan in the quarter, an increase of 1.8 percent year-over-year and 7.0 percent quarter-to-quarter. All-new Ford Kuga, also launched in mid-June in Taiwan, received nearly 2,000 orders. Second-quarter sales volume was impacted by pandemic-related supply issues, which have since been resolved, and the delayed launch of the all-new Kuga.

Ford China intends to build on its sales momentum by accelerating the launch of new products and localization strategies. June’s launch of the locally built all-new Explorer strengthened

Ford’s robust portfolio of SUV offerings that also includes Escape, Kuga, Edge and Territory S to address a wide spectrum of consumer needs.

Money Market Rates Remain Stressed As Local Banks Queue Up For Liquidity From The CBN

FGN Bonds

The FGN bonds space continued its tales of halves, bullish at the head while the belly and the tail remained bearish. We saw yield compressed by an average of c.46bps at the short-end of the curve D/D as the 2023s remained the highest winner amongst these papers mostly bided at 4.10% levels with few offers available to match. 

On the other hand of the curve, we noted more offers for 2049s and 2050s which started the day at 10.85% but weakened by 5pts to close the day offered at 10.90%. The mid- and long-end of the curve remained flat, with a slight uptick on the 2037s maturity expanding by c.3bps by the business close.

With the state of liquidity in the interbank market, we expect the trade volume to remain low with sustained bearishness at the tail of the curve.

Treasury Bills

The Treasury bills space traded on a chaotic note as rates soared another c.50bps D/D on OMO bills continuously triggered by the tightness in the interbank market causing saw a wave of bears in the market scrambling to offload OMO bills to raise short-term funding. Most of the market offers were largely skewed to the short- and mid-dated bills, especially the September and January papers which were offered at 5.00% and 6.30% levels respectively. We saw traction, albeit in small sizes, for the latest OMO issue 8th June 2021 as the bill settled around mid 6% levels. Subsequently, yields expanded by an average of c.6bps across the OMO curve.

The NTB space wasn’t left out in today’s action with more retail offers on the short- and mid-dated papers at 1.10% and 1.70%. The benchmark NTB curve stayed flat D/D with little volumes changing hands.

We expect to see continuous bearishness in the Treasury bills in the interim as more banks seek to raise funding in light of the market tightness.

Money Markets

The drought in the interbank market persevered today as the market opened c.N274.30Bn negative, while most banks remained at the SLF window (N384Bn) for the 3rd consecutive session. Consequently, OBB and OVN rates inched higher to close at 20.00% and 21.00% respectively.

We expect rates to remain stable in the double-digit range as there are no inflows expected for this week expected to boost market liquidity.

FX Market

The FX market remained sluggish today as pent-up demand remains unmet due to the scarce supply of the greenback. The IEFX window depreciated slightly by N0.25k, with traded volume ($11.96mio) dropping a whopping 88% D/D.

At the parallel market, the cash and transfer rates moved the most in recent times, depreciating by an average of 1.25k D/D to close the day at N460.50/$ and N463.50/$ respectively following a fresh wave of retail demand hitting the market.

Eurobonds

The NIGERIA Sovereigns weakened in a relatively quiet session, with yields expanding by an average of c.9bps across the benchmark curve but little volumes traded. In the SSA space, the Angola papers continue to weaken as we saw continued sell-off from profit-takers, especially on the 2025s maturity while its yield rose by c.20pts D/D to close at 13% levels.

On the flip side, some NIGERIA Corps tickers saw some improved demand interests from local investors, most especially the FIDBAN 22s (-7bps). We also noted some weakness in the UBANL 22s (+56bps) and ETINL 2024s (+13bps), although we expect this weakness to be short-lived in light of an improved outlook for global oil prices.

ZEDCREST CAPITAL

Adventure Still Awaits: Explore, Relax And Reconnect With VistaJet’s Safe Havens

VistaJet World presents private and safe journeys to keep discovering the world

 

LONDON, UK – EQS Newswire – July 8, 2020 – VistaJet, the first and only global business aviation company, uncovers a portfolio of private and safe journeys as Members seek to experience exclusive-use escapes and health-enhancing adventures around the world.

 

During a challenging time with COVID-19, planning and researching future journeys is high on the agenda, and a vast majority — 80% — of global travelers intend to explore as soon as they are able[1]. With privacy and safety becoming paramount, health is being factored into travel choices more than ever before[2]. The concept of safety is also changing. Historically, travelers associated safety only with what happens outside of the aircraft. Now, the journey to the aircraft, the in-cabin experience[3] and the final destination[4] are the driving factors.

 

As the number of touchpoints significantly decreases when flying private — 20 interactions as opposed to 700 when flying commercial[5] — the travel industry expects to see an increased number of first-time private flyers looking for safer and more reliable alternatives. Research shows that 79% of UHNWIs would be more inclined to travel by private jet than before[6], and this is reflected in VistaJet’s new incoming requests: as of June 2020, 71% are from passengers who have not regularly used business aviation solutions before.

 

Today, partnering with a network of world-leading travel experts and properties including Abercrombie & Kent, Velaa Private Island, Blue Marble Private, ROAR AFRICA, Entourage Travel, Dean Stott and The Eden Club, the VistaJet Private Office can exclusively facilitate safe point-to-point journeys from flight to destination for Members to enjoy a memorable holiday with the maximum peace of mind — introducing the ultimate notion of private travel.

 

VistaJet World Safe Havens presents seven exceptional destinations, all with privacy, health and minimized contact at their core:

 

Ecuador and the Galapagos Islands

with Abercrombie & Kent

VistaJet Members can explore the natural splendor of Ecuador and the Galapagos Islands during a 14-day exclusive trip. Guests will discover spectacular scenery, enjoy epic adventures, learn about the country’s rich heritage and culture, while safely and responsibly immersing themselves in the secluded, natural habitat of aquatic and land creatures.


With the new Cotopaxi Sanctuary Lodge as an exclusive base, spectacular volcanoes and the abundant wildlife of the National Park can be explored. Guests can enjoy a hike in the Andes with world record breaking mountain athlete, Karl Egloff, sharing his own story, mountain climbing anecdotes and the best tips to handle hiking at altitude. From here, a privately chartered seven-night private yacht cruise in the Galapagos Islands awaits, including a private audience with a leading scientist from the Galapagos Science Center, San Cristobal Island.

 

Velaa Private Island, Maldives

Velaa Private Island has been designed and curated with privacy and comfort as its guiding principles, while allowing the Indian Ocean to take center stage. Within 35 minutes of landing, VistaJet Members can sink their toes into the island sand with their personal butler on hand to take care of check in and any individual requirements. All 47 private villas — 18 suspended over water — feature private pools. For those wanting ultimate seclusion, the Romantic Pool Residence can only be reached by boat, allowing for even more privacy. Private island buyouts can also be arranged. 




Guests can contribute to The Velaa Private Island Coral Project — one of the largest coral reef restoration projects in the Maldives — by adopting a coral plantation and following its development with the marine biology team. Private Moments, from deserted island picnics to wine tastings, are tailored to the occasion and guest preferences. There are also unlimited activities for all to enjoy in privacy, from golf at the Velaa Golf Academy designed by Ryder Cup Captain José María Olazábal, to the Maldives’ only snow room in the Velaa Spa. No activity is ever shared. 

 

The Town, Colorado

with Blue Marble Private

Introducing a hidden secret nestled in the mountains of Colorado. For the first time, a unique private western town located on 4,500 acres of unparalleled Colorado land, with mountains, plains, rivers and lakes is opening its doors to a select few to experience the American Western Frontier. The Town is a modern cowboy’s dream with authentic yet luxurious accommodation and an unlimited range of summer and winter activities where history, luxury, nature and adventure interlace.


Just an hour’s drive, or 20 minutes by helicopter, from Aspen, The Town is home to the most astounding historical collection to ever have been assembled in one place; a homage to the vast story of the American Western Frontier and its outlaw years in the country. For exclusive use only, guests can immerse themselves in the life and stories of the Wild West while enjoying modern day luxuries, including a full-service spa, nightly live entertainment and five-star dining. More information will be available upon signing an NDA.

 

South Africa and Antarctica

with ROAR AFRICA

Private air terminals, planes and exclusive use lodges; a dedicated team of pilots, chefs, rangers and guides to service guests’ every need. This journey allows for a low impact, low touch private adventure in Africa and Antarctica, offering absolute isolation in safe, luxurious, and breath-taking surroundings.


In Africa, VistaJet Members will be able to nurture their minds and feed their souls on safari in a 100,000-hectare remote private property, watching elephants as they pass by, and having dinner whilst listening to the roar of lions. Guests will then follow their deep human instinct to explore Whichaway Camp in Antarctica. They can march with the Emperor penguins; hike the Labyrinth of ice tunnels; partake in 4×4 excursions; visit the polar station; and indulge in picnics and drinks at the ice bar, all while taking in the sights and sounds of water, ice and open plains in breath-taking surroundings.

 

Island Outpost, Jamaica

with Entourage Travel

Explore Jamaica, straight from where Chris Blackwell founded Island Records and where Ian Fleming wrote many of the James Bond books at his estate, GoldenEye.


From their base at Strawberry Hill, VistaJet Members can discover the Blue Mountains, passing secluded waterfalls and quaint churches, and have the opportunity to enjoy private coffee tastings. The journey continues in the privacy of the Fleming Villa at GoldenEye, complete with its own private beach where a host of water sports and activities can be enjoyed, before emerging at leisure to enjoy sunset cocktails at playwright Sir Noël Coward’s nearby residence. Rafting down the tranquil Rio Grande, with a visit to the Blue Lagoon, guests will travel onwards to their own private farm, Pantrepant, to enjoy horseback rides and dips in cool, unexplored watering holes before returning for farm-to-table dining. The journey concludes with a visit to candle-lit caves, private snorkeling and boat trips, and dancing to a live Reggae band at The Caves.

 

Chêne Bleu, France

with Dean Stott and Joe Fattorini

Experience a truly unique vineyard tour, cycling through beautiful France, guided by Dean Stott — former special forces operator and holder of two world cycling records. Guests will be hosted in the vineyard by Dean’s friend, Joe Fattorini — one of the world’s leading wine experts and presenter of The Wine Show. This is a unique opportunity to bring together two diverse interests with two leading experts in their fields.


VistaJet Members will be based at La Verrière, a wine estate and ninth century priory specializing in sustainable luxury, restored by Nicole Sierra-Rolet and Xavier Rolet KBE. It is home to the award-winning Chêne Bleu wines, praised by critics as the world’s first Super Rhônes. For the keen cyclists, Dean will challenge guests with the nearby Mont Ventoux and for those preferring to immerse themselves in wine or simply enjoy the estate, a taster of Chêne Bleu’s signature Extreme Wine course and the pool await. Each evening, as Members enjoy farm-to-table fare, prepared by internationally trained chef Victor Guérin, and wines from one of France’s most exciting wine projects, they can listen to stories about Dean’s work in global security and Joe’s experience of wine across more than thirty countries.

 

Pittormie Castle, Scotland

with The Eden Club

VistaJet Members are invited to stay at the baronial Pittormie Castle, Scotland’s most illustrious private gated estate and home of The Eden Club. Upon landing, guests will be transferred directly by car to their own private residence within the Pittormie grounds, where they can relax in ultimate privacy.

Located in the home of golf, there are over 30 courses in the local area, including The Old Course and Kingsbarns, suiting all playing abilities. Members are also invited to enjoy Affinity Membership to The Eden Residence Club, receiving privileged access to a portfolio of private residences and clubs around the world. Membership includes access to world renowned events such as The Masters and Tiger Jam.

 

The Safe Havens collection will expand to more destinations across the globe during the Summer and Autumn months. For more private travel inspirations, follow @vistajetworld on Instagram.

 

To request a VistaJet World Safe Havens adventure, visit vistajet.com/privateoffice.

 

For information on VistaJet’s safety standards and its efforts to help stop the spread of COVID-19, visit vistajet.com/safety.



[1] LUXX Media, Ultra Affluent Consumer Survey

[2] Travel + Leisure, Will Travel Change After Coronavirus? Here’s What Experts Have to Say

[3] Survey conducted within the U.S. by The Harris Poll from May 14-17, 2020

[4] Abercrombie & Kent, Luxury Consumer Travel Trends Post Lockdown Revealed

[5] Private Jet Card Comparisons, COVID-19 Coronavirus risk 30 times lower on private jets, says operator

[6] LUXX Media, Ultra Affluent Consumer Survey


About VistaJet

VistaJet is the first and only global business aviation company. On its fleet of over 70 silver and red business jets, VistaJet has flown corporations, governments and private clients to 187 countries, covering 96% of the world. Founded in 2004, the company pioneered an innovative business model where customers have access to an entire fleet whilst paying only for the hours they fly, free of the responsibilities and asset risks linked to aircraft ownership. VistaJet’s signature Program membership offers customers a bespoke subscription of flight hours on its fleet of mid and long-range jets, to fly them anytime, anywhere.

VistaJet is part of Vista Global Holding — the world’s first private aviation ecosystem, integrating a unique portfolio of companies offering asset-light solutions to cover all key aspects of business aviation.

More VistaJet information and news at vistajet.com

 

 

VistaJet Limited is a European air carrier that operates 9H registered aircraft under its Maltese Air Operator Certificate No. MT-17 and is incorporated in Malta under Company Number C 55231. VistaJet and its subsidiaries are not U.S. direct carriers. VistaJet-owned and U.S. registered aircraft are operated by properly licensed U.S. air carriers, including XOJET Aviation LLC.

 

For informational purposes only. All holiday packages shall be arranged by a third party and are subject to that provider’s terms and conditions. All travel is subject to applicable rules and regulations, including permits and permissions. VistaJet makes no representations or warrants regarding either the safety or feasibility of any offering.

Shop tax- and duty-free alcohol in Singapore with attractive deals on iShopChangi without flying

SINGAPORE – Media
OutReach
 – 8 July 2020 – There is no need to wait for your next
flight to purchase tax and duty-absorbed alcohol from Singapore Changi Airport!
Non-travellers can now browse and buy from over 100 liquor brands, including
exclusive items, on the airport’s e-commerce platform, iShopChangi.

 

On top of the regular tax and duty-free savings, enjoy up to a
stunning 50% off over 600 wines, spirits, craft beers and specialty bottled
cocktails during iShopChangi’s
Wines & Spirits Extravaganza
from
6 July to 2 August 2020.

 

Cheers to weekly bundled deals, exclusive items and free alcohol
delivery in Singapore

 

Stock up on your bar essentials with unbeatable iShopChangi-exclusive
deals that will be released every Wednesday, 12pm. The bundle deals and over
30% discounts across bestselling labels are the perfect buys for intimate at-home
dinner parties with family and friends.

 

From 6 to 12 July, look forward to a range of Stay Home Starter Packs including
the iShopChangi-exclusive Thirsty Surprise Craft Beer Box comprising seven craft
beer labels, including Thatchers, Brother, Coronado and Crabbie’s, and a free
glass mug, and other bundled sets of wines, whiskies, rums and vodkas from
brands like Wolf Blass, Jim Beam, Beaulieu Vineyard, Dewar’s, Brown Brothers, Bacardi
and 42 Below.

 

Prices during the campaign are as attractive as S$11 per wine bottle, S$3.50
per bottle of beer and spirits at only S$31.

 

More deals on popular sakes, wines and craft beers will be revealed in
the following weeks. Keep your eyes peeled for a series of four beautifully
illustrated wanderlust-themed bottled specialty cocktails by GudSht Singapore,
crafted exclusively for iShopChangi customers. Inspired by popular cities in
Asia, the cocktails includes flavours and ingredients that are unique to these
cities, yet with a Singaporean twist. Favourites from the brand includes the
Unicorn Barf, Cheng Tng Gao and Sangria Utama, which will be available on
iShopChangi completely tax-absorbed.

 

From 10 July till 2 August, enjoy an additional 7% discount with the use
of promo code “DOUBLE7“. Shoppers
are also entitled to  a discount of up to
20% off market prices of notable brands
such as Scotland’s Macallan single malt scotch, Australia’s Penfolds, and the
Canadian-originated Inniskillin ice wines not easily found in Singapore.

 

During the campaign period, the first 1,000 Changi Rewards members to
register and make a purchase via the platform will earn 7x the points.

 

iShopChangi has extended the convenience and access to  tax and duty-free liquor to Singapore-based
residents from the comforts of their homes, providing affordable wines and
spirits as well as free alcohol
delivery in Singapore
, with a minimum spend of S$59.

About Changi Airport Group

Changi Airport Group
(Singapore) Pte Ltd (CAG) (www.changiairportgroup.com) was formed on 16 June
2009 and the corporatisation of Singapore Changi Airport (IATA: SIN, ICAO:
WSSS) followed on 1 July 2009. As the company managing Changi Airport, CAG
undertakes key functions focusing on airport operations and management, air hub
development, commercial activities and airport emergency services. CAG also
manages Seletar Airport (IATA: XSP, ICAO: WSSL) and through its subsidiary
Changi Airports International, invests in and manages foreign airports.
 For more information, visit their website here: https://www.changiairport.com/corporate.html


About iShopChangi

ShopChangi was launched in
2013 as an extension of Changi Airport’s promise to deliver greater comfort and
convenience to travellers in its suite of airport retail offerings. Passengers
can browse and purchase tax- and duty-free products across all terminals
between 30 days to 18 hours pre-flight on the e-store — and choose to collect
their items at Collection Centres within departure, at the baggage claim halls
upon arrival or have them delivered free in Singapore. Providing easy access to
a spectrum of over 14,000 products across 600 brands and exclusives such as
Changi First product launches, the site has since received global recognition
with its award for Best Website — Retail Customer Facing at The Moodies: the
Airport and Travel Retail Digital Media Awards 2018. In early 2020, the
e-commerce store started to retail a selection tax- and duty-absorbed products
to Singaporean-based residents without the need to fly.

CIFI publishes its first standalone ESG report, highlighting five key accomplishments

CIFI implements corporate responsibilities in five key aspects, including green buildings, construction with quality, compliance and integrity, staff welfare and philanthropy

 

HONG
KONG, CHINA – Media OutReach –
8 July 2020 – CIFI Holdings (Group) Co. Ltd.
(“CIFI” or the “Group”, HKEx stock code: 884), a leading
real estate developer engaged in the property development and investment
business in the first-, second- and robust third-tier cities in China,
published a standalone ESG report for the first time and early adopted
comprehensive disclosure requirements from HKEx’s ESG reporting guideline,
marking the Group’s leapfrog improvement in the level and richness of
disclosure.

CIFI has
been dedicated to playing a leading role in the practice of corporate social
responsibility and seeking breakthrough in its ESG indicators. In 2019, CIFI
established ESG Management Committee and ESG Work Group to advance the Group’s
sustainable development through committed efforts in environmental protection,
social responsibility and governance capacities. The Group commits the mission
of “building for a better life”, and constantly pursue quality development and
improvement in corporate governance capacity.

Its ESG
report demonstrates the Group’s praiseworthy efforts in implementing corporate
responsibilities in five key aspects, namely green buildings, construction
with quality, compliance and integrity, staff welfare and philanthropy
, and
commitment to long-term sustainable development.

Green buildings have been the focus of CIFI’s ESG investing practice. The
Group brings full play to its expertise and enforces the green concept
throughout its process from product design, construction to supply chain
management. Besides, it actively engaged in the development and application of
the green building system, and has stipulated the standard of greenness and
health for residential and office projects, which offers guidance on delivery
of green and healthy buildings. In 2019, CIFI obtained a total of 15 green
building certifications. Specifically, the Metropolis Mansion project in
Hangzhou was granted with BREEAM four-star rating, and there were two other
projects certified with China Health Building Label.

CIFI has been consistently carrying out the management philosophy of
“quality our top priority”. The Group is certified by the ISO9001 quality
management system and has set up an all-rounded quality management system to
ensure high-quality delivery of its projects. It enforces “lifetime accountability” system to assure
construction quality and has defined five key responsible parties for
“geological survey, design, supervision, construction and contracting”
respectively and refined the management system of construction records. In
2019, CIFI added the indicator of client satisfaction rate into the performance
evaluation of the heads of regional offices. In this way, the staff put quality
management as top priority and seek to assure premium product quality. CIFI’s
all-rounded quality assurance efforts are highly acclaimed within the industry.
Its projects have won multiple prizes, such as the Tien-yow Jeme Civil
Engineering Prize, BALI National Landscape Award and the International Property
Awards etc. In particular, CIFI earned 57 titles at the 15th Kinpan Awards, and
retained the first place in the master tally.

By
combining regulations and corporate culture, CIFI has compiled a series of
audit and supervision regulations, and established a sound anti-fraud system.
Meanwhile, work procedures and accountability are implemented to avert power
vacuum and ensure the Group’s lawful and compliant operation. It launched the
WeChat public account– “CIFI Anti-Corruption” in 2019, the public account
regularly pushes updates about the Group’s integrity campaign and cases of
warning and offers a channel for online reporting, so as to raise its
employees’ awareness of anti-corruption. At the end of 2019, the Group was
named an “Advanced Unit” in the national enterprise anti-fraud campaign for its
outstanding performance in internal audit, supervision and anti-fraud efforts.
The Group also earned recognition from the capital market for its highly
acclaimed corporate governance capacity. Specifically, it won titles such as
China’s Top 50 Boards of Directors by the Fortune China, and the Best
Corporate Governing Body and Best ESG Metrics in Asia by the Institutional
Investor
.

CIFI’s
special attention to employees’ health and safety are embodied in all aspects
of its governance. In addition to strict compliance with national mandatory
regulations regarding production safety, the Group has prepared and implemented
many guidelines on safety management, strict standards about on-site inspection
and management of compliant construction, safety and health, and environmental
protection, as well as each party’s responsibilities and power in safe and
compliant construction. At the same time, the Group endeavors to be named the
“national / provincial / municipal safety and compliance demonstration
construction site”, and includes corresponding mechanism into its project
incentive & penalty system. The ESG report reveals that no major construction
safety or quality accident was reported among CIFI’s projects in 2019. In
addition, 34 projects were named government’s demonstration construction sites,
and 29 projects won provincial or above level honors. It’s worth mentioning
that CIFI has been named the “Best Employer-China” by Aon Hewitt China for
three consecutive years since 2017, the one and only company within the
industry to win the title for three consecutive years.

Abiding
by the philosophy of “altruism through philanthropy”, CIFI has been
consistently committed to philanthropy in areas such as repaying hometown and
subsidizing education for many years, making all-out contribution to pandemic
and disaster relief, and striving for better life. Up to now, CIFI has made
aggregated donations worth over RMB 300 million. When the COVID-19 pandemic
broke out at the beginning of 2020, CIFI granted RMB 20 million as the
containment and relief fund to combat the disease. Meanwhile, the Group’s
leasing apartments, commercial properties and education businesses also has
waived the rent and relevant costs and offered special discounts to medical
workers, through which it joins hands with all parties to weather through the
tough time.

Mr. Lin
Zhong, Chairman of CIFI Holdings’ Board of Directors, said: “We are facing an era that full of
uncertainties and volatilities, a successful enterprise is not only about
improvements on short-term financials, but more about its potential of and
dedication to sustainable development. In response to customers’ needs and
creating values to our employees, CIFI will continue to uphold its
environmental accountability and repay the society with its accomplishments
going forward. Looking ahead, CIFI will continue to fuse the ESG element into
corporate strategies, endeavor to add presence in key EGS indexes, and strive
to develop itself into a sustainable centenary group as a benchmark of an ESG
elites within the real estate industry.”

About CIFI (Group):

Headquartered in Shanghai,
CIFI is one of China’s top real estate developers. CIFI principally focuses on
developing high-quality properties in first-, second- and selective third-tier
cities in China. CIFI develops various types of properties, including
residential, office and commercial complexes.

To learn more about the
Company, please visit CIFI’s website at:
http://www.cifi.com.cn/

Infor Asia Pacific Announces Strong Partner Momentum in Southeast Asia

Expands ASEAN Ecosystem, Recruits Strategic Partners

 

SINGAPORE
– Media OutReach – 8 July 2020 – Infor, a global leader in
business cloud software specialized by industry, today shared its Asia Pacific
(APAC) partner momentum in the region in FY20 with the strategic addition of 35 new channel and alliance partners
across the region. These partners are specially recruited according to their
focused industry-specific expertise and solution areas mapped and aligned to
Infor’s go-to-market strategy.

Of these, nearly
35% of new partners are located in Southeast Asia, including 3MWorks Corp., novaHEALTH,
Phitomas, and KMS Solutions who will bolster Infor’s go-to-market presence in Singapore,
Malaysia, Vietnam, Indonesia and the Philippines. With these
appointments, the Infor partner network expands to over 200 across the APAC market,
including:

  • 3MWorks
    Corp
    an
    addition to the Philippines network, is a consultant on Infor Warehouse
    Management Systems (WMS)
  • novaHEALTH is an expert in healthcare focusing
    on Infor Cloverleaf, Infor Workforce Management and Infor SunSystems solutions
    with operations in Singapore, Malaysia and the Philippines
  • Phitomas is the leading Malaysian
    enterprise software solutions provider across industries, that recently signed
    on Upeca Aerospace and will help their
    customers realize the benefits of Infor CloudSuite Industrial.
  • KMS
    Solutions
    ,
    is a strategic Infor partner focused on helping clients
    modernize two key areas – Financial & Accounting Management and Warehouse
    Management.
  • Zyllem is a strategic Infor technology partner focused on helping clients to
    seamlessly integrate their supply chain, providing total end-to-end visibility
    and control.

The recent
additions to its partner network has contributed to the adoption of Infor
CloudSuite Industrial by Indonesia customer Ismaya Group, a leader in building
lifestyle brands in hospitality and lifestyle industry.

“At Infor we are
committed to continued innovation and providing deep verticals-based functionality
of applications in the cloud. APAC is our fastest-growing region globally and
we are witnessing an increasing appetite for industry-specific SaaS solutions
in Southeast Asia,” said Fabio Tiviti, Vice President of Infor ASEAN. “The
growing momentum of our partner network brings us closer to our customers and
we are confident that we will remain the trusted partner of
choice in this region.”

Partner Quotes

“The Infor — KMS
partnership is a powerful combination. Infor’s world-class, industry-specific solution
suite and understanding of complex digital processes, combined with KMS’
leading management consulting services for next-generation services will
support our clients through successful transformations,” said Duy Le,
General Director, KMS Solutions
. “It is a sheer delight to team up with Infor.  We believe the breadth and depth of Infor’s
innovative solutions portfolio is exactly what our customer base in Vietnam is
looking for.”

“As a
global robotics technology leader specializing in smart logistics solutions, it
is extremely important to Geek+ that we can offer our customers a comprehensive
Warehouse Management System with a broad industry support to meet their
business demands. Together with Infor, we will build a deep product integration
between Infor Warehouse Management System and Geek+ Robot Management System. In
the end, we will take what otherwise to be a custom solution to become a
standardized product supported by both companies. Combining the strength of
Infor and Geek+, we will provide the best-of-breed yet integrated solution to
our customers. It allows users to implement robotics automation and artificial
intelligence solutions with remarkable ease. We are thrilled by the new
potential value that Infor and Geek+ can together bring to our customers,” said
Mo Shen, Vice President — Platform Engineering of Geek+.


Zyllem’s CEO Noam Berda said, “With the fast-changing
distribution and commerce industry, more and more enterprises are doing the
inevitable–digitizing their distribution networks.  Zyllem’s partnership with Infor brings a truly
promising solution for enterprises to not only keep pace,  but be one step ahead of these changes.  Together, we are bringing a fully-integrated
solution beyond warehouse management, encompassing end-to-end supply chain
management at a lower TCO and faster.”

novaHEALTH’s CEO Lai Teik
Kin
said,
“We were on the lookout for robust business solutions to match pace with the
dynamics in the healthcare sector. With next-generation solutions such as Infor
Cloverleaf and Infor SunSystems, Infor became a natural choice. We endeavor to
bring greater value to our clients and to enhance our current portfolio by
partnering with Infor.”

“Infor has a strong suite
of solution and proven capabilities that are aligned to our customers’ needs. With
this partnership, we hope to achieve accelerated business growth in the
market,” said Gemma Garcia, President, 3MWorks Corp.


Media Contact:

Phyllis Tan

Infor Asia Pacific

+65 9799-9133

phyllis.tan@infor.com

About Infor

Infor is a global leader in business cloud software specialized by
industry. With 17,300 employees and over 68,000 customers in more than 170
countries, Infor software is designed for progress. To learn more, please visit
www.infor.com.

Infor customers include:

  • The top
    20 aerospace companies
  • 9 of
    the top 10 high tech companies
  • 14 of
    the 25 largest U.S. healthcare delivery networks
  • 19 of
    the 20 largest U.S. cities
  • 18 of
    the top 20 automotive suppliers
  • 14 of
    the top 20 industrial distributors
  • 13 of
    the top 20 global retailers
  • 4 of
    the top 5 brewers
  • 17 of
    the top 20 global banks
  • 9 of
    the 10 largest global hotel brands
  • 7 of
    the top 10 global luxury brands

 

 

Infor Discusses Digital Transformation in China in Newly-Launched IDC Talk Podcast

Deep insights and rich exchange by industry experts; current environment to pave the way for growth of contactless business

 

BEIJING,
CHINA – Media OutReach – 8 July 2020 – Infor, a global leader in
business cloud software specialized by industry, today announced that it took part
in the pilot episodes of IDC Talk in China, an all-new
podcast of the International Data Corporation (IDC), bringing together the
exchange of deep industry insights and the sharing of successful enterprise
application of ICT technology. A recurring theme is leveraging innovative
technologies and exploring unique business models in a post-pandemic
environment.

 

During the first three episodes
of IDC’s new podcast, which went online on June 22, Infor executives – managing
director of Greater China and Korea region, Boon Khoo; vice president of sales
for Greater China and Korea, Becky Xie and director of business consulting for
Greater China and Korea, Chong Lu shared tips and insights on the state of digital
transformation of Chinese enterprises.

 

The coronavirus pandemic has
stimulated demand for digital transformation among small- and medium-sized
enterprises. This is coupled with a strong desire to turn crisis into
opportunity by leveraging innovation and technology to find new ways to empower
a safer, stronger and more integrated business.

 

Wu Lianfeng, vice president
and chief research analyst of IDC China explained, “This pandemic has caused
people’s work, lives, and consumption habits to go digital, driving the growth
of contactless business. This is on track to becoming a long-term and
far-reaching trend. IT technology is invaluable in response to the pandemic.
What technology transforms is not the power of the present, but the future.”

 

Over the past two decades, Infor
has provided digital transformation solutions to manufacturing enterprises spanning
the logistics, distribution, automotive, healthcare, food and beverage, hi-tech
and electronics fields. In this, Infor has implemented plans of action aimed at
key application scenarios in specific industries.

 

During the podcast, Infor
executives noted that Chinese equipment manufacturing company, Equipment
Company of Dongfeng Motor implemented Infor LN, Infor ERP and CloudSuite EAM systems to standardize its business, processes
and data management. The company was also able to establish a real-time
production system, business and financial integration, full-spectrum quality
control, and comprehensive traceability. During the pandemic, they were able to
quickly transition to producing protective masks.

 

“We feel fortunate to have Infor as our
partner in digital transformation,” said Fang Mingqiang, chief engineer of information systems
planning at Equipment Company of
Dongfeng Motor Co., Ltd. “We sought to streamline our workflows and get rid of
any obstacles that had arisen to enable us to better keep up with the latest
industry trends. With Infor ERP and EAM, now we can manage end-to-end business processes,
standardize all data, as well as ensure real-time visibility of production,
finance, and quality control. As a result, Dongfeng Motors has greatly
increased our performance while lowering costs, and customer satisfaction is up
11.45%.
Now we are able to provide clients with digitalized products and expand our
scope of operations.”

 

By working together with Infor, another pharmaceutical
company was able to integrate its global supply chain and service departments.
It also moved its logistics and customs businesses to a single platform and
deployed a centralized supply chain control hub aligning its manufacturing
network across its technological platforms. In this way it is now able to
flexibly respond to black swan events such as this pandemic, and increase its
market share while boosting sales growth through daily operations.

 

In 2020, China is making a
national effort to develop what has been dubbed “new infrastructure”, which
includes new and emerging technologies such as 5G, the industrial internet and
cloud computing. At the same time, data is becoming a key factor of production
and is being marketized. Given these trends, companies will be focusing more on
the aggregation of their own data resources and strengthening the establishment
of data management capabilities, which will spur business innovation.

 

Infor managing director of
Greater China and Korea region, Boon Khoo, said, “As enterprises work to catch
up to the fast-paced development of new infrastructure, they not only need to
build a multi-level supply chain network, but also to better integrate and
utilize human resources, data and machines, while fortifying their hardware
with the proper software to achieve better flexibility and resilience.”

Media contact:

Phyllis Tan

Infor Asia Pacific

+65 9799 9133

Phyllis.tan@infor.com

About Infor

Infor is a global leader in
business cloud software specialized by industry. With 17,300 employees and over
68,000 customers in more than 170 countries, Infor software is designed for
progress. To learn more, please visit www.infor.com.

Infor customers include:

  • The top 20 aerospace companies
  • 9 of the top 10 high tech companies
  • 14 of the 25 largest U.S. healthcare
    delivery networks
  • 19 of the 20 largest U.S. cities
  • 18 of the top 20 automotive suppliers
  • 14 of the top 20 industrial distributors
  • 13 of the top 20 global retailers
  • 4 of the top 5 brewers
  • 17 of the top 20 global banks
  • 9 of the 10 largest global hotel brands
  • 7 of the top 10 global luxury brands

Lagos to Establish Arts, Crafts Villages in Badagry, Epe (Photos)

The Lagos State Government said that it has identified Badagry and Epe as the proposed locations for the establishment of craft villages designed to provide stakeholders within the creative sector an avenue for ease of doing business and the opportunity to train new talents.
Speaking during a courtesy visit to Nike Art Gallery in Lagos recently, the Special Adviser to Lagos State Governor on Tourism, Art and Culture, Mr Solomon Bonu said that Governor Sanwo-Olu has mandated the Ministry to create craft villages in both Badagry and Epe in order to boost tourism in the State.
He explained that due to the contributions of both Badagry and Epe to the historical growth of Lagos, the State Government has already commenced consultations and discussions on how to create jobs, showcase talents and train aspiring students in both communities.
While noting that Badagry would serve as the pilot phase for the project, the Special Adviser disclosed that the State government’s aim was to create a platform that would help attract foreign investors, promote its creative market and give operators in the industry opportunities to showcase their works.
He said that the plan of the State government was not just to create craft communities, but build a market where creativity would be valued.
“The creation of craft villages is long overdue for the protection of people in the sector, this informed the approval by Governor Sanwo-Olu for the establishment of a unifying market for the sector in these two strategic locations”, Bonu reiterated.
The Special Adviser expressed the readiness of the State government to put into consideration the interest of all relevant stakeholders in the creative arts business with a promise to seek their buy-in from the inception of the project.
Bonu equally appealed to the Federal Government to pay attention to the dilapidated state of the Okoko-Badagry Expressway as a way of boosting tourism businesses along that corridor.

Moody’s announces completion of a periodic review of ratings of Access Bank Plc

London, 08 July 2020 – Moody’s Investors Service has completed a periodic review of the ratings of Access Bank Plc and other ratings that are associated with the same analytical unit.

The review was conducted through a portfolio review in which Moody’s reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

The review did not involve a rating committee. Since 1 January 2019, Moody’s practice has been to issue a press release following each periodic review to announce its completion.

This publication does not announce a credit rating action and is not an indication of whether or not a  credit rating action is likely in the near future.

Credit ratings and outlook/review status cannot be changed in a portfolio review and hence are not impacted by this announcement.

For any credit ratings referenced in this publication, please see the rating tab on the issuer/entity page on www.moodys.com for the most updated credit rating action information and the rating history.

Key rating considerations are summarized below.

Access Bank Plc’s B2 long-term local currency deposit rating incorporates one notch of government support from the bank’s b3 baseline credit assessment (BCA).

Access’ b3 BCA reflects the bank’s high asset risks, although improving, and higher leverage than peers in a challenging operating environment that is worsened by the depressed oil prices and ongoing coronavirus pandemic.

These challenges are balanced against Access’ resilient profitability, a deposit-based funding structure and good local currency liquidity buffers.

This document summarizes Moody’s view as of the publication date and will not be updated until the next periodic review announcement, which will incorporate material changes in credit circumstances (if any) during the intervening period.

The principal methodology used for this review was the Banks Methodology published in November 2019.  Please see the Rating Methodologies page on www.moodys.com for a copy of this methodology.

This announcement applies only to EU rated and EU endorsed ratings. Non-EU rated and non-EU endorsed ratings may be referenced above to the extent necessary if they are part of the same analytical unit.

This publication does not announce a credit rating action. For any credit ratings referenced in this publication, please see the rating tab on the issuer/entity page on www.moodys.com for the most updated credit rating action information and the rating history.