Financial Services
Update on Electrolux Operations in North America
STOCKHOLM, Dec. 16, 2019 /PRNewswire/ -- Electrolux today provided an update on issues expected to impact operating income for its business areaNorth America in the fourth quarter; primarily the consolidation of its U.S. refrigerator/freezer manufacturing and related transition to new product pl...
Xinhua Silk Road: Guotai Junan Securities awarded four industry prizes for sound performance
BEIJING, Dec. 13, 2019 /PRNewswire/ -- Guotai Junan Securities (GTJA), a well-known securities company inChina, was lately awarded four golden bull prizes at the 2019 China Securities Industry High Quality Development Forum held by China Securities Journal inBeijing. The golden bull prize, a fin...
HKBN Announces Completion of JOS Acquisition
HONG KONG, Dec. 13, 2019 /PRNewswire/ -- HKBN Ltd. ("HKBN" or the "Group"; SEHK stock code: 1310) is pleased to announce the completion of its acquisition of Jardine OneSolution Holdings (C.I.) Limited ("JOS") and its subsidiaries, following the Group's extraordinary general meeting (the "EGM") h...
Penta Security and R3 Announce Strategic Partnership for Digital Asset Management and MPC Technology
SEOUL, South Korea, Dec. 13, 2019 /PRNewswire/ -- Penta Security and blockchain software firm R3 today announced that they have entered into a global strategic partnership for digital asset management and MPC (Multi-Party Computation) technology, combining Penta Security's technologies and R3's e...
KPMG Creates Wealth and Asset Management Centre of Excellence and Appoints Head in Hong Kong
HONG KONG, Dec. 13, 2019 /PRNewswire/ -- Neil Macdonald has been named KPMG China's Head of Wealth and Asset Management Centre of Excellence (CoE), a newly created role based inHong Kong, where he moved in July 2019. The Wealth and Asset Management Centre of Excellence (CoE) reflects KPMG's globa...
VIISA Acceleration Program Batch 6 graduated
HO CHI MINH CITY, Vietnam, Dec. 13, 2019 /PRNewswire/ -- At the beginning of December 2019, VIISA announced the completion of the sixth batch of its 4-month acceleration program with its "Investment Day". The invitation-only event welcomed more than 100 active investors, corporations and startup ...
JLK Inspection, AI-based medical firm, listed on KOSDAQ
SEOUL, South Korea, Dec. 13, 2019 /PRNewswire/ -- JLK Inspection, a company
specializing in world-class AI-based medical imaging solutions and a company of
theBorn2Global Centre, was officially listed on the KOSDAQ index on December 11
th.
Zurich Malaysia partners with DoctorOnCall to provide Malaysians a convenient way to manage their health
KUALA LUMPUR, Malaysia, Dec. 13, 2019 /PRNewswire/ -- Zurich Life Insurance Malaysia Berhad and Zurich Takaful Malaysia Berhad (Zurich Malaysia) have recently signed an agreement with leading online healthcare provider DoctorOnCall to extend complimentary* digital healthcare services to its new ...
TSG Appoints New CEO to Lead Company's Asia Expansion
AUCKLAND, New Zealand, Dec. 13, 2019 /PRNewswire/ -- TSG, a leading provider of business management software, integrated payment solutions, and value-added services to the Health & Fitness and Childcare markets has appointed Olivier Vandercamme to the new position of CEO, Asia. Mr. Vandercamme i...
Bangkok Bank to strengthen regional position through acquisition of Permata in Indonesia from Standard Chartered Bank and Astra International
BANGKOK, Dec. 12, 2019 /PRNewswire/ -- Bangkok Bank Public Company Limited ("Bangkok Bank" or the "Bank") announced today that the Bank has entered into a conditional share purchase agreement with Standard Chartered Bank ("Standard Chartered") and PT Astra International Tbk ("Astra") to acquire t...
China Renaissance and Aozora Bank Sign Long-Term Strategic Cooperation Agreement
BEIJING, Dec. 12, 2019 /PRNewswire/ -- China Renaissance Holdings Limited Group ("China Renaissance" or the "Group", stock code: 1911. HK) today announced that the Company and Aozora Bank Ltd. ("Aozora Bank"; TSE: 8304) have entered into a Strategic Cooperation Framework Agreement. Mr.Bao Fan, Ch...
The Hong Kong Institute of Chartered Secretaries elects new President and Council for 2020
HONG KONG, Dec. 12, 2019 /PRNewswire/ -- The Hong Kong Institute of Chartered Secretaries held its Annual General Meeting (AGM) on Wednesday11 December 2019. At the Council meeting following the AGM, the Honorary Officers for 2020 were elected (see list below) with Ms Gillian E Meller FCIS FCS b...
Progressive Approach in Embracing the Digital Finance Key to Labuan IBFC's Growth in Financial Innovation
KUALA LUMPUR, Malaysia, Dec. 12, 2019 /PRNewswire/ -- "Labuan International Business and Financial Centre's (Labuan IBFC's)'digital family' continues to grow in recognition of the progressive approach the centre has taken in embracing the digital revolution by being as facilitative as possible to...
WeLab raises US$156M in Series C strategic financing, completing the largest fintech fundraising in Greater China in 2019
HONG KONG, Dec. 12, 2019 /PRNewswire/ -- WeLab, a leading fintech company in Asia, today announces that is has raised US$156 million (equivalent to over HK$1.2 billion) of Series C strategic financing, completing the largest fintech fundraising inGreater China, year to date. This round drew the b...
UnionPay International Partners uab bank to Enable UnionPay Contactless Payment Acceptance in Myanmar
YANGON, Myanmar, Dec. 12, 2019 /PRNewswire/ -- Global payment network UnionPay has partnered with uab bank to enable acceptance of UnionPay Contactless payment at a variety of retail, food & beverage, telecommunication, homeware and other merchants inMyanmar. Beginning with enabling UnionPay Cont...
Nexus International School (Singapore) announces issuance of SGD150M of S&P AA-rated bonds
SINGAPORE, Dec. 12, 2019 /PRNewswire/ -- Nexus International School (Singapore) is pleased to announce the issuance ofSGD 150 million of twelve-year amortizing bonds which have been rated AA by S&P Global Ratings (S&P). The bonds are guaranteed by Credit Guarantee and Investment Facility (CGIF), ...
Forrester Continues To Expand Its Certification Portfolio; Introduces New SiriusDecisions B2B Marketing Certification Program
SINGAPORE, Dec. 12, 2019 /PRNewswire/ -- Forrester announced the launch of its
new SiriusDecisions B2B Marketing Certification
Assured Asset Management Launches Supply Chain Finance Solution with Shui On Group
HONG KONG, Dec. 12, 2019 /PRNewswire/ -- Assured Asset Management ("Assured"), a Hong Kong-based technology-driven asset manager, has launched its Traceable Accounts Payable ("TAP") platform with the Shui On Group. TAP is a blockchain-based digital payment system backed by approved supplier accoun...
KPMG announces strong FY19 global revenue growth
Global revenues increase by 6.2% to reach record of US$29.75bn as multi-year collective strategy implementation continues at pace. LONDON, Dec. 12, 2019 /PRNewswire/ -- KPMG today announced record revenues of $29.75 billion for the fiscal year ending 30 September 2019 (FY19), representin...
Tenth Record-Breaking Year in a Row for ZEISS
STUTTGART, Germany, Dec. 11, 2019 /PRNewswire/ -- The ZEISS Group continued its growth trajectory, with revenue and earnings reaching new heights in fiscal year 2018/19, which ended30 September 2019. Revenue grew by 11 percent, reaching 6.428 billion euros (previous year: 5.817 billion euros). Adj...
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