Infor Appoints Fabio Tiviti as Head of ASEAN Region

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SINGAPORE & BANGKOK, THAILAND
– Media
OutReach
 – 29 November 2019 – Infor, a global leader in business cloud software specialized by industry, announced the appointment of Fabio Tiviti as Vice President to lead its ASEAN
business and operations. Based at the company’s regional hub in Singapore,
Tiviti will be responsible for Infor’s operations across the Southeast Asia region,
including the sales and distribution of Infor solutions and services.

Mr. Fabio Tiviti, Vice President, Infor ASEAN

 

“Fabio brings key insights to meeting the needs of industrial businesses,”
said Helen Masters, Executive Vice President and General Manager, Infor Asia
Pacific Japan (APJ) and India, Middle East & Africa (IMEA). “I am confident
Fabio will further enable customer success and help increase productivity
around people, assets and supply chain as Infor continues to expand across
ASEAN, digitally transforming companies and catalyzing growth through business
cloud software.”

 

Fabio has diverse experience in the manufacturing and software industries, spending
the past 12 years at SAP working in both the small and medium enterprises (SME)
and Business Development segments. Prior to SAP, he served as national product
manager with Legrand Group, an Italian industrial and electronics company.

                           

“The ASEAN region is currently seeing rapid growth in digital transformation across all industries and Infor is greatly positioned to add value to this growth by developing complete industry suites in the cloud. I am excited to take on this role and am confident Infor will continue to aid businesses in their expansion and optimization of efficiencies
across this region, and ultimately, deliver a better customer experience,” said
Fabio Tiviti.

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

Pataya Food Group Drives Expansion in Global Markets with Infor

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Thai seafood manufacturer and distributor to streamline production and distribution with Infor CloudSuite F&B

 

BANGKOK, THAILAND
– Media OutReach – 29 November 2019 – Infor, a global leader in business cloud software
specialized by industry, announced at a customer signing ceremony in
Bangkok that Thai seafood manufacturer and distributor Pataya Food Group has
chosen to partner with Infor on its digitalization plan.  The food giant will leverage Infor CloudSuite
Food & Beverage (F&B), Infor OS and Infor Birst across its subsidiary
companies and help accelerate business growth and drive Pataya
Food Group’s expansion into global markets.  The solution will be implemented by channel
partner Lawson Software.

(Photo from left to right) Ms. Wallapa Piemnoppakao, Country Director for Thailand & Emerging Markets; Mr. Fabio Tiviti, Vice President, Infor ASEAN; Mr. Vichit Anathep, Managing Director, Pataya Food Industries Limited; Ms. Sudatip Kiatsrichart, Managing Director, TTT Holding Limited

 

Pataya Food Group is the leading shelf
stable seafood manufacturer and distributor in Thailand based on the principle
that consistent quality assures success. This commitment to quality has become recognized
internationally. Apart from brands such as Nautilus, Sea Crown, Mongkut Talay
and Regalos, its OEM business has also established itself as supplying
best-quality products.

 

When the project is rolled out, Pataya Food Group will be able to streamline operations in production and distribution,
optimising inventory management and supply chains with next-generation intelligent
analytics. The company will have the infrastructure to effectively manage
product lifecycle from factory to shelf for all brands across multiple regions with
a centralized solution. This implementation will also help to standardize and
maintain food product compliance within Asia as part of the expansion.

 

“Our vision at Pataya Food Group is to be the top choice for quality food on
supermarket shelves across Asia and global markets,” said Mr Vichit Anathep, Managing
Director, Pataya Food Industries Limited. “Through our partnership with Infor,
we look forward to digitally transforming our business to overcome challenges
that are unique to the F&B industry — this is where Infor’s deep industry
expertise lies — and drive our expansion globally.”

 

“In partnering with Infor and implementing Infor CloudSuite F&B, Pataya
Food Group is now armed with the tools and technology to more efficiently deliver
on quality products that they are already known for, and that will help enhance
end-to-end operations,” said Mr Fabio Tiviti, Vice President, Infor ASEAN. “Infor
is committed to providing next-generation, industry-specific applications that
are finely-tuned in the cloud, and we look forward to a fruitful partnership
with Pataya Food Group, working together to meet their overall business
objectives and increase productivity and customer satisfaction.”

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:

  • 19 of the top 20 aerospace companies
  • 9 of the top 10 high tech companies
  • 18 of the 25 largest U.S. healthcare delivery networks
  • 18 of the 20 largest U.S. cities
  • 19 of the top 20 automotive suppliers
  • 17 of the top 20 industrial distributors
  • 15 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
  • 8 of the top 10 global luxury brands

About Pataya Food Industries

Pataya Food Group (PFG) is the leading shelf
stable seafood manufacturer and distributor in Thailand based on the principle
that consistent quality assures success.
With its brand essence, Pataya Food Group marks its
determination to “Enrich People’s Life“.
To learn more,
please visit www.patayafood.com

Discovery Asia Pacific Unveils Asian Food Network: A Multi-Platform Evolution of The Asian Food Channel

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A brand new digital and linear experience re-imagines Asian Food Channel beyond television with new features, a modern look and new brand promise

 

SINGAPORE – Media OutReach – 29 November
2019 – Discovery Asia Pacific today unveils Asian
Food Network (AFN)
, an evolution of the Asian Food Channel, the #1 English
Lifestyle channel in Southeast Asia.  The
linear channel and digital destination have been re-imagined as AFN, embracing
a digital-first approach curated for its growing four million+ mobile-first community.
AFN promises a seamless digital and
linear experience
that offers entertainment, utility and community for all
Asian food lovers.  Asianfoodnetwork.com provides a trove of tested recipes, cooking
tips, stories on Asian food cultures and a growing set of features that will
power their passion for food and cooking.

 

The community can look
forward to engaging with well-loved ambassadors from Southeast Asia such as
Singapore’s Sarah Huang Benjamin, Malaysia’s Ili Soulaiman and Sherson Lian,
and the Philippines’ Anton Amoncio as well as Chef Ngo Than Hoa from Vietnam,
RinRin Marinka, Yuda Bustara and Janti Brasali from Indonesia. AFN will also
feature favourite chefs and personalities 
from Northern Asia like Debbie Wong from Hong Kong and Frank Striegl,
the well-known ramen expert of Japan.

 

Online content will focus on the latest dining trends and
conversations, led by an exciting roster of food trend hunters including
Matthias Rhoads from the Philippines, Joyce Ng and Magdalene Chow from
Singapore, ensuring that foodies stay ahead of what the Asian food world has to
offer. Singapore’s Charlotte Mei is Asian Food Network’s resident nutritionist.

 

Rohit Tharani, Head
of Products, Southeast Asia in Discovery Networks Asia-Pacific, said, “In Asia,
food is our way of expressing love and caring for the people that matter. Nothing
beats a good bonding session over a meal together with loved ones. The new AFN
strives to make Asian food accessible for everyone: it is the ultimate
destination for food inspiration, from recipes of grandma’s traditional dishes
to trending favourites, and even the ability to mingle with fellow food lovers.
We are excited to make mealtimes easier, so our community can focus on the
conversations that matter.”

 

Building the
largest Asian food community online

AFN is passionate
about growing and engaging in conversations with the largest Asian food
community, providing the latest  foodie-tips through consistent engagement
activities online. The new destination ensures ease in joining the AFN
community, where it is simple for users to register an account, bookmark
favourite content pieces, get nutritional information and participate in food
conversations through comments. Asian food lovers can also look forward to
exciting bite-sized content and new partnerships with like-minded brands in the
months to come.

 

Expanding beyond its traditional audience, AFN will be
partnering with Viu, a leading pan-regional OTT video
service from PCCW Media Group with more than 36 million monthly active users
(MAU), to provide free access to AFN content to Viu-ers.

 

Going beyond the
kitchen into Asian cultures

Bringing more than
just good food to the table, AFN will uncover
the world beyond kitchens
all across Asia, through topical and
seasonal stories. The community will also get a taste of the history behind
various dishes, discovering how food is an expression of cultural identity,
passed down from one generation to the next.

For example, in Indonesia, AFN is partnering with GoFood,
Gojek’s leading food delivery service in Southeast Asia, to create a series
highlighting the inspiring stories of Indonesian food merchants. This series,
as well as other curated new food content, will be featured as recommendations
on both the Gojek super-app and blog and AFN’s website.

For more
information on AFN and its offerings, please refer to the website here:

Website: www.asianfoodnetwork.com 

#HaveYouEaten #TuckIntoAsia #AsianFoodNetwork


About Asian Food Network

The Asian Food Network (AFN) is an evolution of the
formerly known Asian Food Channel (AFC), built on a community of Asian food
lovers. Based in Singapore, AFN’s wide Asian distribution footprint will now cover
twelve territories on both digital platforms and pay TV across Asia. The
community can look forward to free and accessible content on
Asianfoodnetwork.com where they can engage in conversations around the latest
food trends. 

Bringing more than just good food to the table, AFN
will uncover the world beyond kitchens all across Asia, through topical and
seasonal stories. The community can also look forward to conversations on the
latest food trends, served fresh on digital platforms. AFN is an ecosystem for
everyone passionate about Asian food, promising a seamless experience from
inspiration to the kitchen. AFN will be able to execute 360 degree advertising
and marketing campaigns and solutions for leading brands.

About Discovery:

Discovery, Inc.
(Nasdaq: DISCA, DISCB, DISCK) is a global leader in real life entertainment,
serving a passionate audience of superfans around the world with content that
inspires, informs and entertains. Discovery delivers over 8,000 hours of
original programming each year and has category leadership across deeply loved
content genres around the world. Available in 220 countries and territories and
50 languages, Discovery is a platform innovator, reaching viewers on all
screens, including TV Everywhere products such as the GO portfolio of apps and
Discovery Kids Play; direct-to-consumer streaming services such as Eurosport
Player and Motor Trend OnDemand; and digital-first and social content from
Group Nine Media. Discovery’s portfolio of premium brands includes Discovery
Channel, HGTV, Food Network, TLC, Investigation Discovery, Travel Channel,
Turbo/Velocity, Animal Planet, and Science Channel, as well as OWN: Oprah
Winfrey Network in the U.S., Discovery Kids in Latin America, and Eurosport,
the leading provider of locally relevant, premium sports and Home of the
Olympic Games across Europe. For more information, please visit
www.corporate.discovery.com and follow @DiscoveryInc across social platforms.

Prudential Receives Licence to Operate Life Insurance Business in Myanmar

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Prudential’s 13th life insurance market and 25th business in Asia

 


From left to right: Ms Lilian Ng, Chief Executive,
Insurance, Prudential Corporation Asia, U Soe Win, Union Minister, Myanmar’s Ministry
of Planning and Finance, Mr Tim Lau, Chairman of the Board, Prudential Myanmar
Life Insurance Ltd

HONG
KONG, CHINA/YANGON, MYANMAR – Media
OutReach
 – 28 November 2019 – Prudential Corporation Asia (“Prudential”), a leading life insurer in
Asia, today announced it has received a life insurance licence from the Ministry
of Planning and Finance (MoPF) of Myanmar. The newly-granted licence will allow
Prudential to start offering life insurance products and solutions to the people
of Myanmar to meet their growing long-term protection and   savings
needs.

The licence was awarded to
Prudential by U Soe Win, Union Minister, Ministry of Planning and Finance, at
the official ceremony this morning at Naypyidaw, the capital city of Myanmar.

Mr Nic Nicandrou, Chief
Executive, Prudential Corporation Asia, said, “We are grateful to the Myanmar government
for granting us a life insurance licence and for their strong support. As an Asia-led
business with more than 95 years of operations in the region, Prudential looks
forward to expanding its life insurance footprint into Myanmar and extending its
leadership region-wide. With Myanmar, we now have 13life insurance
markets and 25 life and asset management businesses across Asia. To capture the
compelling opportunities in Myanmar and the region, we will remain focused on
our efforts to provide tailored and comprehensive products and solutions that meet
the needs of customers.”

Myanmar has a fast-growing middle
class, as well as an increasingly urbanised and tech-savvy population. The
country has around 57 million mobile subscriptions, with a mobile penetration of
around 105 percent.[1]
Harnessing its wide-ranging digital capabilities and broad range of offerings
in Asia, Prudential intends to embrace a digital-led strategy, complemented by
face-to-face distribution, to broaden access to life insurance in Myanmar and
deliver its benefits to the population.

Mr Asit Rath, Chief Executive
Officer of Prudential Myanmar, said, “A key focus of Prudential Myanmar will be
to support national efforts to raise life insurance penetration, at just 0.05
percent of GDP in 2018[2], and
financial inclusion in the country. With our technology-enabled
approach, we not only aim to reach as many people as possible, but also ensure
their experience with us is one of ease, simplicity and convenience. We look
forward to serving the growing life insurance needs of individuals and families
across Myanmar.”

In April 2019, Prudential was granted approval by
MoPF as a preferred applicant to operate a wholly-owned life insurance
operation in Myanmar. Last month, Prudential Myanmar moved into its new
corporate office in Sule Square in Yangon, reinforcing its commitment to the
long-term development of the country.


[1] Hootsuite
and We are Social: “Digital 2019: Myanmar” report

[2] Nikkei
Asia Review, “Foreign insurers bring disruption in untapped Myanmar Market”, 12
June 2019

About Prudential Corporation Asia

Prudential Corporation Asia is a business unit of
Prudential plc based in the United Kingdom.


Established in London in 1848, Prudential is a leading
international insurance and asset management group focused on the exciting
potential of our Asian, African and US markets. 
The Group serves 20 million customers and is listed in the stock
exchanges in London, Hong Kong, New York and Singapore. 


In Asia, Prudential is a leading life insurer and has
been operating across the region for more than 95 years. We have life insurance
operations spanning 13 markets covering Cambodia, China, Hong Kong, India,
Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Taiwan,
Thailand and Vietnam. Prudential has a robust multi-channel distribution
platform providing a comprehensive range of savings, investment and protection
products to meet the diverse needs of Asian families.


Prudential’s asset management business, Eastspring
Investments, manages investments on behalf of a wide range of retail and
institutional investors. It is one of the region’s largest asset managers with
a presence in 11 major Asian markets plus distribution offices in North America
and Europe. It has £169 billion (about US$216 billion) in assets under management
(as at 30 June 2019), managing funds across a range of asset classes including
equities and fixed income.


Prudential plc is not affiliated in any manner with Prudential Financial,
Inc. of the United States or with the Prudential Assurance Company, a subsidiary
of M&G plc, a company incorporated in the United Kingdom.


Delivering Invaluable Insight into the Asian Market at MIPIM Asia Summit 2019

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An overwhelming response at Asia Pacific’s leading property summit with highlights on the latest ESG trends

 

HONG KONG, CHINA – Media
OutReach
 – 28 November 2019 – MIPIM Asia Summit sits at
the intersection of global, economic, societal and technological trends
impacting the real estate industry. Despite Sino-U.S. trade
tensions, the future of the Asian property market remains promising and
lucrative with ample opportunities.

 

The MIPIM Asia Summit
agenda was thoughtfully designed to showcase the future of the built environment enabling economic growth, sustainable
performance and community cohesion within the region. The thought-provoking program rundown offered numerous presentations,
panel discussions, keynotes and networking opportunities under the overarching
theme of “Engaging the Future of Asian Markets”. Industry insights
such as Asia Pacific inbound and outbound investment flows, regional
development opportunities and retail real estate trends were thoroughly
dissected by a list of key industry luminaries of the Asian property industry.

 

Dr. Y K Pang, Chairman of the Hong Kong Tourism
Board, inaugurated the summit with a speech on Nov 26 at the opening ceremony. He
stated that, “Hong Kong is in an
unrivalled strategic location with free flow of information that gives global
appeal to businesses. Corporations can do business honestly, fairly and with
absolute confidence in Hong Kong which makes us the perfect gateway to China.”

 

Emphasis on Environmental, social and governance
(ESG) seems to lead the future investment trend, as summarized at the “Global
Investors’ Views” Panel. According to Laurent Jacquemin, Head of
Asia-Pacific, Real Estate, AXA IM — Real Assets, “there is a growing interest
in ESG in Europe as part of the underwriting. AXA pays a lot of focus to this,
which is part of our investment strategies towards the future”. “We look at ESG
to future proof our real assets. As a manager, we need to look ahead of upcoming
trend,” said Chris Chow, Managing Director of LaSalle Investment
Management.

 

The
event also gathered international delegates offering a global perspective on
the current real estate climate. Paris La Défense along
with its CEO, Marie-Célie Guillaume, highlighted the attractiveness and
potential opportunities in the area as a prime location for international
property investment as well as a new lifestyle destination. She indicated that,
“La Defense has attracted $2.7bn of investment; a large portion of that
investment is from South Korea. Our investor pool was mainly from Europe and North
America, but we are beginning to see a growing interest in Asia.”

 

There were a substantial number of delegates
representing the UK. Amongst the heavyweight attendees from the UK were Andy
Street
, Mayor of the West Midlands and Ian
Ward
, Leader of Birmingham City Council, who presented
the driving forces behind outbound investment from Asia to the UK and discussed
how investors could increase their portfolio value.

 

The
event closed with a highly anticipated Meet the Chairmen session with an
established panel of industry leaders which included Justin Chiu from
Cheung Kong Property Holdings Limited, Kenneth Gaw President and
Managing Principal of Gaw Capital Partners, Marie-Célie Guillaume, CEO
of Paris La Défense, George Hongchoy, Executive Director and Chief
Executive Officer of Link Asset Management, Suchad Chiaranussati,
Managing Director of SC Capital and Andrew Weir, Global Head of Asset
Management of KPMG.

 

Vanessa Cheung, Group Managing Director of Nan Fung Development and Adriel Chan,
Executive Director of Hang Lung Group opened the programme on Nov 27 at the New
Generation Leadership Series. Having taken on a
leadership role in Hang Lung, Chan explains the trajectory of the company’s
investment strategies in China, “Hang Lung is heavily focused on 2nd
tier cities as that’s where the growth has been. Third and fourth tier cities
are not sophisticated yet but are coming up.”

 

Vanessa also illustrates how The Mills is embracing
transformation. She states that, “Traditional retail is only about consumption
and transactions, but we position The Mills with the 3 pillars where we
construct not just a place where people shop but one that is an innovation,
cultural and experiential hub.”

 

Amongst the many compelling panel discussions and
speaker sessions, a topic-based luncheon took place on the second day of the
event that allowed participants to exchange practices and ideas. It encouraged
open dialogue between industry professionals related to current trends and
obstacles. One of the most notable topics discussed was the impact of climate
change on the industry. Nadira Lamrad, Assistant Director at Business
Environment Council, was present to delineate the risks and opportunities
brought on by climate change.

 

MIPIM’s global director, Ronan
Vaspart
states, “Despite the current situation in Hong
Kong, MIPIM Asia is undeterred to deliver the best industry knowledge and
insight in the region every year to professionals. We are confident in the long-term
growth of the Asian market and we know that it is now more than ever that these
insights are most useful for businesses that to equip and position themselves
to whether any storm that is ahead of them.” Vaspart reinforces, “MIPIM
Asia will continue to be the leading summit where industry leaders gather and
network.”

 

MIPIM PropTech
Asia: Matching User Expectations

 

Closely aligning
with the current trend, this year’s summit included a MIPIM PropTech day
of conferences, which was held at Grand Hyatt Hong Kong in Hong Kong SAR
on 27 November 2019. The event aimed to power the digital transformation
of the real estate industry with the theme of “Matching User Expectations” this
year.

 

Robert Wilkinson, Director of Corporate
Solutions APAC at Colliers International, headlined the event with intriguing
insight on “How tech enablers and disruptors will redefine the world of work?”. In attendance
were industry leaders such as Aaron Block, Co-founder and Managing
Partner of MetaProp.vc, Jonathan Hannam, Managing Partner from Taronga
Ventures, Eric Cheah, Head of Investment Management Asia Pacific of
Union Investment Real Estate, Antonio Hang Tat Chan, Vice Chairman of
King Wai Group, James Fisher, COO & Director of Market Analysis and
Analytics of Spacious.hk , Andrew Young, Associate Director of Sino
Group, Adrian Lai, Chief Executive Officer of Liquefy Limited, Christina
Tang
, Director of Blue Sky and Chen Lou, CEO and Founder of Spacious,
delivering actionable insight on the evolving narrative for PropTech regionally
and globally. Wei Jie, Director of Strategic Partnership and Growth from
WeWork, wrapped up the event on a high note with a keynote speaker session on
the “Evolving Real Estate with Technology and Community”.

 

At
the “Developers perspective on PropTech in the region”, Andrew Young emphasis the
change in the real estate industry especially PropTech will take time. “Our
advices to a lot of PropTech startups are to look for opportunities beyond Hong
Kong, and to also focus on places that are ready for PropTech such as the Greater
Bay Area, Southeast Asia.”

 

The MIPIM Startup
Competition co-hosted the event with global real estate tech partner MetaProp
NYC for the fifth consecutive year and revealed four short-listed startups that
provided groundbreaking solutions to urban challenges around the world. The five fledging
firms served up energetic, reality TV-esque pitches to an expert judging panel
that consisted of Eric Cheah, Head of Investment Management Asia Pacific
of Union Investment Real Estate, Antonio Hang Tat Chan, Vice Chairman of
King Wai Group and Jonathan Hannam, Managing Partner of Taronga
Ventures.

 

The
winning entrants REOMNIFY and MaiBlocks Technology are invited to
compete in the global MIPIM Startup Competition finals at the flagship MIPIM
summit in Cannes, France on 10-13 March 2020.

 

For MIPIM Asia highlights click here

 

Download images of MIPIM Asia 2019 here.

For more on MIPIM Asia visit: www.mipimasia.com

Follow MIPIM:
Facebook Twitter LinkedIn

About MIPIM Asia Summit

MIPIM Asia Summit is the annual property leaders’ summit in Asia Pacific organised
by Reed MIDEM, is widely seen as a “must-attend” event for leading industry
professionals. It features expert-led conference sessions, premium networking
accelerators and an exclusive awards gala dinner over a two-day period. Distinguished
speakers, senior executives, high-level business professionals and industry
experts from around the world will discuss the latest developments and
prevailing trends in the property and retail industry. MIPIM — the world’s
property market is the leading and largest global property event. The four-day
event takes place annually in Cannes every March. 26,800 delegates attended in
2019 with 6,380 investors, and 100 different countries being represented.

About Reed MIDEM:

Founded in 1963, Reed
MIDEM is an organiser of professional, international markets that are essential
business platforms for key players in the sectors concerned. These sectors are
MIPTV, MIPDOC, MIPCOM, MIPJUNIOR in Cannes, MIP China in Hangzhou and MIP Cancun
in Mexico for the television and digital content industries; MIDEM in Cannes
for music professionals; Esports BAR in Cannes and in Miami for the esports
business; MIPIM in Cannes, MIPIM UK Summit in London, MIPIM Asia Summit in Hong
Kong SAR, MIPIM PropTech NYC in New York, MIPIM PropTech Europe in Paris, MIPIM
PropTech Asia in Hong Kong SAR for the tech and real estate industry; MAPIC and
LeisurUp in Cannes, MAPIC Russia in Moscow, MAPIC Italy and The Happetite in
Milan, and MAPIC India in Mumbai for the retail real estate sector.
www.reedmidem.com

About Reed Exhibitions:

Reed Exhibitions is the world’s leading
events organiser, with over 500 events in 30 countries. In 2018 Reed brought
together over seven million event participants from around the world generating
billions of dollars in business. Today Reed events are held throughout the
Americas, Europe, the Middle East, Asia Pacific and Africa and organised by 38
fully staffed offices. Reed Exhibitions serves 43 industry sectors with trade
and consumer events. It is part of RELX Group, a global provider of information
and analytics for professional and business customers across industries.
 www.reedexpo.com

Meet Taipei Closed with a Record Breaking Success with 260,000+ visitors in 2019

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TAIPEI, TAIWAN – Media OutReach – 28 November 2019 – Meet Taipei has closed out another
record-breaking event, with startup, visitor and matchmaking session numbers all
significantly up in 2019. This year’s event features the presence of all major
key players in Taiwan’s startup ecosystem, including accelerators, investors,
corporates, and government agencies and winners of Neo Star Demo Show was
announced in the event.

 

More than 26,000 visitors attended one of the Asian largest startup event
in Taipei, Taiwan between 14 and 16 November — nearly 30% more than last year.
Furthermore, a record 460+ startups exhibited among eight tech categories to showcase
their products and services. The three-day event also has venture capitalists and
corporate representatives in 440+ matchmaking sessions.

 

More than 20 forums
have taken place on five stages. On the main stage, industry leaders and
experts, from Google, LINE, Qualcomm, Indiegogo, Arm Treasure Data and so on,
share with the audience their views on various topics, including the trends,
challenges, and opportunities for Taiwanese and Asian startups in the
innovation-driven economy.

 

One of the stages,
named Global Stage, marks the organizer’s first attempt to highlight the
discussion of “going global.” Meet Taipei works with the French Office in
Taipei, French Tech Taiwan, Japan External Trade Organization (JETRO), and
Dragons’ Chamber Taiwan to organize a number of forums here, where speakers talk
about how to manage cross-border resources and what opportunities startups
should tap into to enter the global market.

A glimpse of Taiwan’s startup landscape

This year’s event
features the presence of all major key players in Taiwan’s startup ecosystem,
including accelerators, investors, corporates, and government agencies. All the
startup teams therefore have the opportunity to connect the dots and accelerate
their growth.

 

Seizing this
opportunity, Meet Startup, the organizer, hopes to present Taiwan’s startup
landscape to the world — which echoes with the theme of the event this year.
Taking a brief walk inside the venue, one might quickly get a sense of what the
local startup scene is like.

 

While meeting with
Taiwan startups, one might as well bump into a great number of overseas
startups — from 16 countries and 30 cities across the globe this time. They
come as exhibitors with the aim of either seeking funds, finding potential
partners, or expanding user base, making not only Meet Taipei 2019 but Taiwan’s
startup scene much more diverse than it has ever been.

 

Winners of Neo Star Demo Show 2019 announced

As in the previous
years, the winners of Neo Star Demo Show have been announced on the second day
of Meet Taipei. This year, the grand prizes go to Aiello, TMYTEK, and
International Trust Machine (ITM), startup teams working on various tech
topics.

 

Aiello wins the jury’s favor with its
AI-powered voice assistant. Shaped like an alarm clock, it can be used in hotel
rooms for room service, facility introduction, and self check-in/out. TMYTEK and ITM, the winners of the second and third
prizes, provide mm-Wave beamforming solution for 5G infrastructure and
blockchain-enabled chips for connected devices, respectively.

 

The three teams
have been selected from a group of Neo Stars, 30 outstanding startups Meet
Startup handpicked in advance from a pool of approximately 150 teams they’ve
interviewed this year. They are offered a booth at the venue as well.

 

Besides them,
around 120 teams have also pitched their products and services to venture
capitalists, accelerator partners, corporate representatives, community leaders
and media, in over 440 matchmaking sessions.

 

In fact, at Meet
Taipei 2019, these key players in Taiwan’s startup ecosystem are given a
dedicated space for matchmaking, where they give exhibiting startups feedback
on their ideas and connect them with resources and opportunities they may need
to succeed. The lineup includes corporates like Audi, Microsoft Taiwan,
Chunghwa Telecom, VC-backed accelerators like SparkLabs Taiwan and MOX, and
other VC firms like Taiwania.

SON Upgrades SONCAP Portal For Effective Service Delivery

The Standards Organisation of Nigeria (SON) has upgraded its online application portal for the operation of the offshore Conformity Assessment Program (SONCAP) for processing of imports into Nigeria.

A statement from the office of the Director-General,  Osita Aboloma Esq. disclosed that the upgrade was in view of the classification of the portal as a critical national quality and trade Infrastructure.

In spite of teething problems associated with such major transition of  Information,  Communication Technology (ICT) infrastructure,  the portal according to the statement is up and running.

According to the Director Product Certification, Mr Tersoo Orngudwem, the transition of the SONCAP Portal was not only successful but has ensured a necessary upgrade in the system to ensure optimal performance, enhance a seamless operation and more efficient service delivery to customers and stakeholders alike.

He described the process as a reflection of the SON’s strict adherence to FG policies to improve on local content and facilitate relevant technology transfer.

Mr Orngudwem described the upgraded portal as a one-stop-shop that provides clients with the opportunity to apply, check the status of an application, send messages to SON and receive responses as well as upload evidence of payments seamlessly.

Other features according to him include:
– profile of the work done on Clients dashboard
– documents used for application are all on the Clients dashboard
– No more TIN error
– No more mistakes in company name etc.

He assured Stakeholders of shorter turnaround time and more efficient and effective service delivery.

The SONCAP according to him, was introduced in 2005 as a prerequisite for the importation of products into the country, while the online application portal was first introduced in 2015 as an initiative for deploying information technology in facilitating conformance of SON regulated imports to the requirements of applicable Nigeria Industrial Standards.

The SONCAP online application portal has therefore created easy access to SON’s conformity assessment regime for products imported into the country from the confines of homes and offices of customers without undue interface with SON staff, he said.

DHL Global Trade Barometer: Global Trade Continues At Moderate Pace

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  • India regains a positive growth outlook

China shows the weakest growth outlook of all surveyed countries

  • Tim Scharwath, CEO of DHL Global Forwarding, Freight: “Coming off a high level, the year will probably end with moderate world trade, but there are still pockets of growth”.

The DHL Global Trade Barometer (GTB) indicates a further contraction in world trade for the next three months. The overall trade outlook is reduced by -2 points, to a new index value of 45. That means that global trade continues to lose momentum, albeit mildly. Against the previous updates, the downward tendency is largely moderate and steady, neither indicating an acceleration of the decline nor a bottoming out. Except for India, all surveyed countries are affected by the deceleration and record indexes below the 50-points-threshold of no growth. The overall decline was driven by minor decreases in both, air and containerized ocean trade. Air trade declined by -3 to 42 points, and containerized ocean trade by -2 to 46 index points. To make the DHL Global Trade Barometer and its data more assessable a new digital platform has been created. In addition, the index is now also available for subscribers of the Bloomberg terminal by using the code “DHLG <GO>”.

“According to the DHL Global Trade Barometer, the year will probably end with moderate world trade. However, we’ve to bear in mind where we come from: The rapid growth world trade has undergone in recent years was like climbing the Mount Everest. Now, we are on the descent, but we are still breathing altitude air”, Tim Scharwath, CEO of DHL Global Forwarding, Freight, says.

Steady but mild decline negatively affects all countries, except India

Out of seven surveyed countries, six record mildly negative trade outlooks: Germany and China both fall by -3 points to an index of 45 and 42, respectively. For Germany, this development is mainly triggered by a weakening air trade outlook, which significantly drops by -7 points to 45. The slowdown in Chinese trade is caused by both, sluggish air and ocean trade, leaving China with the weakest growth outlook of all surveyed countries. Needless to say, that this downturn can be attributed to the ongoing trade war between China and the US. US trade is also expected to contract further, albeit an almost unchanged overall trade outlook of 44 index points (-1 points compared to the previous update). The overall outlook for South Korea decreases by -2 points to a new index value of 43.

“The world economy is entering a phase of stagnation, reflecting weak and slowing growth in some major economies and essentially no growth or mild contraction in others. Persistent trade tensions, elevated political instability and geopolitical risks, and concerns about the limited efficacy of monetary stimulus continue to erode business and consumer sentiment, with detrimental effects on investment and productivity growth. Growth in household consumption, which has underpinned recent economic performance, has stayed strong but is weakening in major advanced and emerging market economies,” comments Eswar S. Prasad, Professor of Trade Policy and Economics at Cornell University in Ithaca, NY, USA. “The latest DHL Global Trade Barometer update shows that international trade flows have been adversely impacted by these factors. The declining indexes for China and the U.S., the two main drivers of global growth, portend a worsening global economic outlook. Overall, this GTB update paints a sobering picture of gloomy prospects for the world economy and global trade for the remainder of this year.”

India is the only country which manages to return to a moderate growth outlook, picking up +5 points to 54 on the back of a very robust ocean trade. In contrast to continuously weak air trade (-4 point to 44), Indian ocean trade significantly increases by +10 to an index of 60.

The decrease from the previous period reaches Japan and UK with delay: Countries with highest losses

Apart from India, two country developments stand out in particular: Japan and the UK. While Japan and the UK had been the only countries with positive trade outlooks in the previous update in September, the two countries record the highest losses in this period. Both, Japan and the UK are falling below the 50-points-threshold.

Following a period of growth for Japanese trade, the forecast for Japan falls by -5 points to 48. This expected slowdown is mainly triggered by weakening prospects for Japanese air trade which drops by -7 points to 42 index points. Declining -4 points to 51, Japanese Ocean trade still records positive growth momentum. However, the slightly positive outlook is not able to offset the significant downturn of Japanese air trade. Unlike Japan, UK trade had already recorded a downward tendency in the previous update. For the next three months, the forecast for the UK falls below the point of no change for the first time: Dropping -4 points to a new index value of 49, the GTB indicates a mild decrease for UK trade. The decline is caused by a slight decrease in the air (-4 to 49) as well as Ocean trade (-5 to 48). After several quarters of relative resilience, this development obviously reflects the persisting Brexit uncertainty.

EFCC To Assist Guinea Establish Anti-Corruption Agency

The Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu and President Alpha Condé of Guinea on Monday, November 25, 2019, reached an agreement that will see the Commission, assist the West African country, establish an anti-corruption agency.

The agreement was reached in Conakry, the country’s capital following President Conde’s invitation of Magu and request for EFCC’s assistance towards establishing an anti-corruption agency in the country.

Speaking with Magu, President Conde disclosed that the success stories of the EFCC in the fight against corruption in Nigeria informed the choice of the Commission as a mentor organization for his country’s anti-corruption agency.

Apart from the meeting with Conde, the EFCC chairman held a meeting with leading figures in the country’s economy towards the proposal. They included: Namory Camara, managing director of the country’s agency in charge of private investment, Dr.Mohamed L Doumbouya, the ministerial advisor in charge of financial institutions, Mr Gabriel Courtis, minister of Investment and Mr Kouyaté, special adviser to President Conde.

He also held a meeting with officers from the different law enforcement agencies of the country, that included Colonel Camara Tregbore, secretary-general of Guinea’s High Crimes Commission.

Addressing the law enforcement officers of the country, Magu charged them on the need for collaboration in the fight against corruption. He also called for anti-corruption sensitisation of Guineans, assuring that language difference between Guineans and Nigerians would not constitute a barrier in the project execution, as EFCC’s staff would be available for translation and interpretation at the EFCC Academy, where the Guinean anti-corruption officials would be trained.

While commending President Conde’s initiative, he said, “The body language of the president is enough message to the people. It shows that corruption will not be tolerated in Guinea.”

While meeting with the delegation of Nigerians in the Diaspora at the Nigerian Embassy in Conakry, Magu enlightened them on the activities of the Commission and further urged them to take advantage of the prevailing conducive business environment in Nigeria and come home and invest in the economy.

Black Friday: Why Many Nigerians Will Shop On Konga This Friday

As the official celebration of the shopping season Black Friday looms on Friday, November 29th, shoppers in Nigeria have disclosed the major items they will be looking out for as well as their most preferred platforms for shopping on Friday.

A survey conducted by Retail Analytics & Audit, retail-focused research and advisory firm, has identified e-commerce giant, Konga as the most popular retail platform which the majority of the prospective shoppers sampled will be patronizing for the Black Friday deals. Konga polled a total of 13.5 per cent of the respondents whose responses were analysed. Shoprite, Jumia and SPAR follow very closely.

Interestingly, the research further provides a guide into the behavioural traits and predilections guiding the shopping instincts of the average Nigerian ahead of Friday’s mega Black Friday sales.

The majority of the respondents submitted that they chose Konga whose sales have been dubbed Konga Yakata for a number of reasons. These include the ease and convenience of its omnichannel structure (85 per cent) which ensures that a shopper can order online and choose to pick up in-store, or walk into any Konga retail store and place an order for delivery to their home or office. Next was the emphasis on genuine products which Konga is renowned for (79.4 per cent). For this class of shoppers, the quality was the most important consideration.

Swift delivery and easy fulfilment options (91 per cent) was another major factor which swung in Konga’s favour among the respondents sampled. According to the opinions expressed, Konga has improved on same-day delivery for a number of orders placed on its platforms. Also, the growing physical store presence affords shoppers the opportunity to play a part in the order fulfilment process as they can choose to walk into the nearest Konga store to pick up their items. This particular feature appealed to respondents in the working-class segment who are often unavailable for deliveries or who may be hard-pressed for time.

In addition, a total of 59 per cent of the respondents expressed a desire in shopping for a combination of Home & Kitchen appliances, as well as food items such as rice, beverages and oil, among others. This is understandably in preparation for the fast-approaching festive season. Closely following behind this was mobile phones, laptops, tablets and other computing devices with 22 per cent. This category of products has been known to enjoy consistently high patronage among shoppers. The remaining 19 per cent was devoted to other categories of products altogether.

Flight bargain hunters also plumped for Konga Travels, for whom the majority of the respondents cited the convenience of booking their flights either online or in a Konga Travel store (88 per cent); the courteous and professional manner of the staff (69.8 per cent), and most importantly, the added value derived through the seamless and timely processing of their visas by Konga Travels (98.2 per cent). The Black Friday sales kick off by midnight on Friday, November 29th.

The day is expected to be characterised by crazy price slashes and incredible discounts on a wide variety of products. Long queues are also expected at most retail stores by bargain-hungry shoppers looking to get their hands on the best-priced products.