SINGAPORE, Nov 19, 2024 - (ACN Newswire via SeaPRwire.com) - Top executives from the IT distribution and technology vendor sectors convened today at the inaugural GTDC APJ-Summit 2024 to discuss the current position and future outlook of these critical communities. The Summit underscored the essential role distributors play in scaling emerging technology sales and adoption and developing new opportunities through digital marketplaces and alliances with hyperscalers.Frank Vitagliano emphasizes the rising value of distribution as he opens the inaugural GTDC Summit APJ.The vast scale and economic and cultural diversity of the APJ region necessitates local expertise. As vendors adopt varied approaches to managing channels, they are increasingly relying on distributors to support emerging markets while focusing internal resources on more mature communities. This strategy provides greater reach, especially in areas where direct coverage would be inefficient, and represents a broader shift towards optimizing orchestration through partnerships."Distributors are ideally positioned to bridge complex regional and in-country dynamics, with local representatives who understand cultural and language nuances to best support the objectives of their vendors and partners. Focusing on enablement programs and relationship-building allows distributors to create strategic value that ensures the successful adoption of advanced technologies across diverse APAC markets," said Frank Vitagliano, CEO, GTDC.IT spending across Southeast Asia and India is accelerating, driven by SMBs embracing digital transformation through cloud software, cybersecurity, and logistics investments. This digital shift generates increased demand for cloud infrastructure, managed services, and robust security solutions. Simultaneously, according to IDC, AI adoption is further fueling the region's technological momentum, with spending in this area expected to reach $78 billion by 2027, with a 25% annual growth rate. Distributors empower those advances while transforming the customer experience and operational efficiencies across these key sectors.Vendors also rely on distributors to meet the rising demand for AI, sales, and technical support as the region struggles with talent shortages, especially in these key areas.Distributors are meeting these demands while unlocking new opportunities using advanced data analytics. Channelnomics CEO Larry Walsh emphasized these organizations' capabilities for identifying "white space" and expanding partner networks. "While data provides direction, its true value lies in transforming insights into actionable strategies for partners. Distributors are pivotal in redefining go-to-market models, guiding partners through business-enhancing engagements and maximizing channel potential."Other Memorable Highlights from Summit APJThe summit focused on the changing dynamics of IT distribution, emphasizing the increasing importance of Southeast Asia and India in the global tech sector. Key sessions included:John Marrett from the EIU spoke to the rapidly expanding marketplace and described the ways technical innovation is changing businesses and communities. From shifts in monetary and fiscal policies to currency fluctuations and international financial institutions' activities, he highlighted the impact of these movements on the APJ's IT community.Avneesh Saxena of IDC showed how innovation affects global IT relationships and creates new opportunities for the channel. He emphasized the key industry trends, barriers, and investments and explored the evolving dynamics between partners, vendors, and distributors.Larry Walsh of Channelnomics examined the often-overlooked pieces of the vendor-distributor relationship and hit on other key findings of their recently released study with GTDC. Focused on the Asia-Pacific region, the new report shows vendors how to maximize the value of their distribution relationships.Vitagliano also moderated a panel discussion with senior distribution executives, including William Ong,VST ECS;V.S. Hariharan, Redington Limited; Luis Lourenco, Ingram Micro; Jaideep Malhotra, TD SYNNEX; and Patrick Aronson, Westcon-Comstor. Panelists highlighted how regional distributors are innovating and creating programs that facilitate the adoption of new technologies, optimize go-to-market strategies and enhance other business activities.The council's next global event GTDC Summit North America, February 19th -20th, 2025, at the Mission Pacific & Seabird Resort in Oceanside, CA. More details will be available soon.About the GTDC The Global Technology Distribution Council is the industry consortium representing the world's leading tech distributors. GTDC members drive an estimated $160 billion in annual worldwide sales of products, services and solutions through diverse business channels. GTDC conferences support the development and expansion of strategic supply-chain partnerships that continually address the fast-changing marketplace needs of vendors, end customers and distributors. GTDC members include AB S.A (WSE: ABPL), Arrow Electronics (NYSE: ARW), CMS Distribution, Computer Gross Italia (MI: SES), D&H Distributing, ELKO, Esprinet (PRT.MI), Exclusive Networks (EPA: EXN), Exertis, Infinigate, Ingram Micro (NYSE: INGM), Intcomex, Logicom (CSE: LOG), Mindware, Redington Limited (BSE/NSE: Redington), Siewert & Kau, SiS Technologies (HKSE:0529), Tarsus, TD SYNNEX (NYSE: SNX), TIM AG, VSTECS Holdings and Westcon-Comstor.GTDC MEDIA CONTACT: Anita LussenburgTel +31621585878Mail: alussenburg@gtdc.euSOURCE: Global Technology Distribution Council Copyright 2024 ACN Newswire via SeaPRwire.com.
- The 14th Asian Logistics, Maritime and Aviation Conference (ALMAC) takes place at the Hong Kong Convention and Exhibition Centre on 18 and 19 November- Under the theme “Shaping the Future of Supply Chains: Resilience and Sustainability”, over 80 distinguished speakers will participate in more than 20 forums to exchange views and discuss the latest industry developments- The first day of the conference features a special address by Chan Kwok-ki, Acting Chief Executive of the HKSAR; Fu Xuyin, Vice Minister of the Ministry of Transport, the People's Republic of China, and officials from ASEAN countries, reinforcing Hong Kong’s position as a superconnector and an international shipping centre and aviation hub- Sessions focus on three major trends – supply chain diversification, sustainability and green energy and innovation and technologyHONG KONG, Nov 18, 2024 - (ACN Newswire via SeaPRwire.com) - Following the Resolution of the Third Plenary Session of the 20th Central Committee of the Communist Party of China and measures proposed in the latest Policy Address to strengthen Hong Kong’s status as an international shipping centre and aviation hub, the 14th Asian Logistics, Maritime and Aviation Conference (ALMAC), co-organised by the Hong Kong Special Administrative Region (HKSAR) Government and the Hong Kong Trade Development Council (HKTDC), commences today at the Hong Kong Convention and Exhibition Centre, under the theme “Shaping the Future of Supply Chains: Resilience and Sustainability”. As an annual event for the logistics, maritime, aviation and supply chain industries, the two-day conference gathers more than 80 heavyweight speakers, including government officials and industry leaders, to discuss industry trends and opportunities to help promote high-quality development of the logistics and supply chain management industry.Chan Kwok-ki, Acting Chief Executive of the HKSAR, delivered a special address, followed by Fu Xuyin, Vice Minister of the Ministry of Transport, the People's Republic of China, Loke Siew Fook, Minister of Transport, Malaysia, H.E. Heng Nan, Secretary of State of Ministry of Public Works and Transport, Kingdom of Cambodia, H.E. Saysongkham Manodham, Vice Minister of Public Works and Transport Lao PDR, and H.E. Nguyen Xuan Sang, Deputy Minister of Transport, Vietnam. ASEAN is Hong Kong's second-largest trading partner, with a total bilateral trade of US$144.6 billion last year. As Hong Kong is actively seeking membership of the Regional Comprehensive Economic Partnership (RCEP), trade relations between Hong Kong and ASEAN are poised to deepen further. The participation of government officials from ASEAN countries in the conference underscores the robust cooperation between Hong Kong and ASEAN.Margaret Fong, HKTDC Executive Director, said in her welcome remarks: “In today’s fast-moving world, global trade has been buffeted by numerous headwinds, including geopolitical tensions and tariffs. This is further compounded by global logistics bottlenecks, rising freight rates, increased focus on sustainability and the growing uptake of digitalisation. As businesses grapple with such a complex environment, it is evident that effective supply chain management is the essential engine that drives sustained growth in global trade. It plays a pivotal role in combating uncertainty and future-proofing business operations. Reflecting the vital importance of Asian supply chains in today’s interconnected world, this year’s ALMAC will zero in on global business opportunities and supply chain management.Chan Kwok-ki, Acting Chief Executive of the HKSAR, said in his special address: “We see long-term opportunity in Hong Kong’s rise as a green and smart port. Our Action Plan on Maritime and Port Development Strategy outlines that promising future, including building green fuel-bunkering capabilities. Just three days ago, we published an action plan on developing Hong Kong into a green maritime fuel-bunkering centre. Combining our aviation and maritime strengths, Hong Kong has long been a major cargo gateway to and from the Greater Bay Area.”He additionally mentioned: “We will also step up efforts to develop Hong Kong into a cross-boundary, e-commerce logistics and distribution centre. This year’s Asian Logistics, Maritime and Aviation Conference is all about creating a resilient and sustainable future for global supply chains. And Hong Kong is determined to play a vital part in that promising future.”As the engine of business operations, supply chain management plays a pivotal role in combating uncertainty and future-proofing development. The first day featured a session titled “Steering Business Growth: Building an Evolving Supply Chain” hosted by Kelvin Leung, the immediate past President of the Chartered Institute of Logistics & Transport in Hong Kong. Speakers including David O. King, Senior Vice President, Commercial, SEKO Logistics, Jotaro Tamura, Senior Managing Executive Officer, Mitsui O.S.K. Lines, and representatives from international brands - including Arjen van Diepen, Head of Global Strategic Planning, the HEINEKEN Company, Bjoern Neal Kirchner, Corporate Vice President, Supply Chain Management, Henkel, and Kalyan Chakravorty, Senior Director, Global Productivity, Benchmarking & Analytics, MondelÄ“z International - analysed the challenges and opportunities encountered by global supply chains and delved into how supply chain transformation and innovation could drive business expansion and foster sustainable development.A newly introduced session, “Navigating New Trade Lines for Mitigating Disruptions”, brought together industry leaders, including David O. King, Senior Vice President, Commercial, SEKO Logistics, Wilson Kwong, Chief Executive, Hong Kong Air Cargo Terminals, Eng. Loay Mashabi, Managing Director, Saudia Cargo, Louis Tang, Managing Director, Ocean Network Express (East Asia), and Delia Sun, Head of Supply Chain Management, DKSH. The session explored supply chain diversification and how emerging markets in Asia, the Middle East and North America can help enterprises build more resilient networks.Two Air Freight Forums explore Hong Kong’s future as an aviation hubBeginning operations at the end of this month, the Hong Kong International Airport three-runway system will significantly enhance the airport’s passenger and cargo capacity and help consolidate Hong Kong’s position as an international aviation hub. Co-organised with the Airport Authority Hong Kong, two air freight forums “Cargo Aviation Hub of the World” and “Digital Air Cargo and Global Trade Ecosystem” feature experts including Tom Owen, Director, Cargo, Cathay Cargo, Dereje Derero, Managing Director, Ethiopian Cargo and Logistics Services, Ming Chan, Associate Fintech Director, Financial Infrastructure Department, Hong Kong Monetary Authority, and Philip Chan, Head of Wholesale Digital, Hang Seng Bank, to discuss how the cargo industry can enhance Hong Kong’s competitive edge as an international aviation hub through collaboration in premium warehousing, digital technology, and talent development.Day 2 focus on sustainability and green energy, 5 workshops will be held in the afternoonGiven society’s greater emphasis on climate change action, more and more businesses across different industries are striving to reduce their carbon footprint and move towards net-zero emissions. Hong Kong is also committed to developing as a green maritime centre. In tomorrow’s sessions “Fostering Sustainable Trade: Embracing Future-proofing Supply Chains and the debut “Green Energy Forum: Energy Transition towards Net Zero Emissions”, Pernille Dahlgaard, Chief Officer of Government, Business & Analytics, Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, Achim Martinka, Vice President, Global Airfreight-Commercial & Sustainability, DSV, Scott Childress, Chief Sustainability Officer, UPS, and Paolo Gallieri, Chief Operation Officer, Zhero, will shed light on best practices in integrating sustainability and explore strategies and technologies that facilitate the energy transition.In addition to thematic forums, ALMAC will feature a series of workshops on environmental, social and governance (ESG) initiatives, e-commerce, youth empowerment, halal logistics, and air freight decarbonisation. Speakers from Shell Aviation, Hong Kong Air Cargo Terminals Limited, Arup, and DKSH will provide participants with practical insights and tips.Following last year’s success, this year's ALMAC exhibition continues to feature three zones including Logtech Salon, Supply Chain Management and Logistics Services, and Maritime and Port Services, showcasing innovative logistics and supply chain solutions from 90 exhibitors, including three major Hong Kong air cargo terminals (Hong Kong Air Cargo Terminals, Cathay Cargo Terminal, and Asia Airfreight Terminal), together with other leading companies such as Mitsui O.S.K. Lines and Ocean Network Express. The Hong Kong Association of Freight Forwarding and Logistics and Hong Kong Science and Technology Parks (HKSTP) also host exhibition pavilions.The HKTDC encourages enterprises to leverage its trade platform and events to seek global business opportunities. Business matching sessions are offered at ALMAC, bringing together shippers and service providers to foster business partnerships and promote industry development.Photo download︰https://bit.ly/4fwil2mIn her welcome remarks, Margaret Fong, Executive Director of the Hong Kong Trade Development Council (HKTDC), said: “Reflecting the vital importance of Asian supply chains in today’s interconnected world, this year’s ALMAC will zero in on global business opportunities and supply chain management.”The 14th Asian Logistics, Maritime and Aviation Conference (ALMAC), jointly organised by the HKSAR Government and the HKTDC, commenced today at the Hong Kong Convention and Exhibition Centre and will run until tomorrowChan Kwok-ki, Acting Chief Executive of the HKSAR, delivered special remarks at ALMACFu Xuyin, Vice Minister of the Ministry of Transport, the People’s Republic of China, delivered special remarks at ALMACLoke Siew Fook, Minister of Transport, Malaysia, delivered special remarks at ALMACALMAC features three exhibition zones including Logtech Salon, Supply Chain Management and Logistics Services, and Maritime and Port Services, showcasing innovative logistics and supply chain solutions from 90 exhibitorsALMAC: https://www.almac.hk/main/en/ALMAC programme: https://almac.hktdc.com/conference/almac/en/programmeALMAC speaker list: https://almac.hktdc.com/conference/almac/en/speakerMedia enquiriesYuan Tung Financial Relations:Agnes Yiu Tel: (852) 3428 5690 Email: ayiu@yuantung.com.hkEdmund Choi Tel: (852) 3428 2360 Email: echoi@yuantung.com.hkHKTDC Communications & Public Affairs Department:Stanley So Tel: (852) 2584 4049 Email: stanley.hp.so@hktdc.orgClayton Lauw Tel: (852) 2584 4472 Email: clayton.y.lauw@hktdc.orgHKTDC Media Room: http://mediaroom.hktdc.comAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2024 ACN Newswire via SeaPRwire.com.
BANGKOK, Nov 11, 2024 - (ACN Newswire via SeaPRwire.com) - The Hyatt Regency Bangkok Sukhumvit buzzed with innovation and insights on October 17, 2024, as rockbird media's Retail & E-Commerce Summit Asia (RESA) brought together industry leaders to explore "Retail Revolution: Illuminating Digital Drivers for Growth and Security." This landmark event showcased Thailand's burgeoning role in Southeast Asia's digital retail landscape, offering a platform for executives across diverse sectors to engage with cutting-edge strategies and technologies.The summit, which saw increased attendance compared to the previous year, addressed critical challenges and opportunities in Thailand's evolving e-commerce ecosystem. Discussions ranged from consumer trends and technological advancements to regulatory landscapes and cybersecurity concerns.Keynote speaker M.L. Luesak Chakrabandhu, President of The Association of Thailand Open Source Federation, highlighted the event's significance. "We have to understand the challenges, difficulties, and limitations of Thailand in terms of business expansion. We need to improve the ease of doing business here, improve our incentives for new business or more tech people to come to Thailand," Chakrabandhu said, adding the need for enhanced communication between the private sector, the academe, and the government to accelerate policy improvements.The event also delved deep into the future of digital payments, with Teeraphol Ambhai, Head of Search Experience at Bumrungrad International Hospital, sharing insights on e-wallets and their potential to revolutionize businesses. "It should be a big thing to know the challenges and also the advantages, how it will leverage business, as well as how we can use e-payment within and outside Thailand. I hope this will lead businesses to use more of e-payment in the future," Ambhai, who was also a speaker for last year’s RESA, stated.Cybersecurity emerged as a critical focus area, especially in light of Thailand's evolving regulatory landscape. Chatchawarn Jirupathum, Group Information Security & Data Protection Officer at RMA Group, stressed the importance of robust cybersecurity measures and data privacy protection. "The rising of new cyber security threats, and since we don't have very solid regulations for the retail and e-commerce in Thailand at the moment, I think is becoming a challenge for next years," Jirupathum explained.The summit featured a mix of keynote presentations, interactive panel discussions, and networking opportunities, allowing attendees to gain actionable insights and forge meaningful connections. The increased attendance and diversity of participants underscored the growing importance of digital innovation in Southeast Asia's retail sector.As the event concluded, it was clear that RESA 2024 had not only met but exceeded expectations, providing a comprehensive view of the challenges and opportunities lying ahead for the retail and e-commerce industries in Thailand and beyond.For more information about RESA and future events, visit https://rockbirdmedia.com/About rockbird mediaRockbird media is an international business media company that produces B2B events and offers business solutions.Whether it is through online media and content, must-have business intelligence and analytics, effective networking, and partnering solutions, we help businesses and professionals learn more about the latest trends, and know more about their customers, peers, and competition, to make that decision that allows them to grow.Media contact:Ann Jubelle De Veraannjubelle@rockbirdmedia.com Copyright 2024 ACN Newswire via SeaPRwire.com.
SINGAPORE, Nov 11, 2024 - (ACN Newswire via SeaPRwire.com) - As Singapore continues its rise as a leading tech hub in Southeast Asia, the demand for innovative software solutions has never been higher. With a robust infrastructure, strategic location, and a business-friendly environment, Singapore attracts tech companies, startups, and multinational enterprises looking to harness the power of technology to stay ahead of the curve. However, as technology rapidly evolves, traditional development methodologies struggle to keep pace. In this dynamic environment, DevOps has emerged as a critical practice for organizations aiming to accelerate their software development lifecycle, improve collaboration between teams, and deliver high-quality software more efficiently.The Singaporean tech ecosystem is marked by its emphasis on speed, innovation, and agility, driven by global competition and a constantly evolving market. Companies here are under increasing pressure to adapt to changing customer needs, market trends, and regulatory requirements—factors that traditional waterfall development models struggle to address. DevOps enables organizations to respond to these challenges by promoting continuous integration, continuous delivery (CI/CD), and rapid iteration, which are essential to maintaining a competitive edge in today’s fast-paced digital landscape. The collaborative nature of DevOps—uniting development and operations teams—also facilitates improved communication and alignment, a crucial advantage in Singapore’s multicultural and multidisciplinary workforce.Moreover, as Singapore moves towards becoming a “Smart Nation,” its public and private sectors are investing heavily in cutting-edge technologies like artificial intelligence (AI), the Internet of Things (IoT), and cloud computing. DevOps tools play an essential role in enabling the development and deployment of these advanced technologies. By automating workflows, streamlining testing processes, and ensuring security through practices like DevSecOps, DevOps ensures that software can be delivered rapidly and securely, without compromising quality. With enterprises increasingly adopting DevOps to fuel innovation and digital transformation, it has become an indispensable methodology for businesses looking to navigate the complexities of modern software development in Singapore.Overview of the event:The DevOps Singapore is one such event that explores the latest trends, challenges, and strategies in DevOps. This exclusive, invitation-only summit brings together over 150 C-level executives, DevOps leaders, and tech innovators to discuss the strategic integration of DevOps in modern enterprises. Key topics include the evolution of DevOps, AI-driven automation, cloud operations, and the importance of DevSecOps.Attendees will gain insights into how leading organizations leverage DevOps to drive innovation, improve efficiency, and enhance security. The event offers a unique opportunity to learn from the transformative impact of DevOps, micro services, containers, and AI on global tech giants. Whether you're starting your DevOps journey or deepening your expertise, DevOps Singapore Summit provides actionable strategies to stay ahead in the rapidly changing digital landscape.What to expect at the event:Expect a dynamic agenda that features a combination of keynote speeches, fireside chats, panel discussions, and networking opportunities. Sessions will tackle critical topics such as the evolution of DevOps, the integration of security into development (DevSecOps), the future of AI-driven automation, and the impact of microservices and containers on global tech giants. Key sessions will explore practical solutions to overcome challenges in CI/CD pipelines, security, scalability, and cloud integration, offering attendees a holistic view of how to implement and scale DevOps practices in today’s fast-paced tech environment.As the digital transformation journey accelerates across industries, the Exito DevOps Summit 2024 stands as a pivotal gathering for those looking to stay at the forefront of software development innovation. With a focus on real-world strategies and emerging technologies, this event offers invaluable insights into how DevOps practices are shaping the future of enterprise IT.Attendees will leave equipped with the knowledge, tools, and connections to drive the next phase of digital evolution in their organizations. Whether you're leading a DevOps initiative or exploring new ways to optimize your development lifecycle, the Exito DevOps Summit is the place to be for anyone committed to mastering the future of software development.Date: 14th November 2024Time: 09:00 AM to 05:00 PMLocation: Conrad Singapore Orchard.For more information on the Devops Singapore Summit, click on the link.For Media Enquiries, reach out to:Kasturi Nayak (Sr.) Marketing Executive)kasturi.nayak@exito-e.com+91 9739610464 Copyright 2024 ACN Newswire via SeaPRwire.com.
Brisbane, Queensland, Aust, Nov 14, 2024 - (ACN Newswire via SeaPRwire.com) - Graphene Manufacturing Group Ltd. (TSXV: GMG) ("GMG" or the "Company") is pleased to provide a business update on its working capital position and the implementation of cost reductions targets that were communicated on March 11, 2024.Each year the Company submits a Research and Development (R&D) application to the Australian Taxation Office to recover 43.5% of eligible R&D expenditures under the Australian Government's Research and Development Tax Incentive scheme. On October 29, 2024, A$2.85m, the amount requested in this year's R&D application, was deposited in full into the Company's bank account. As at November 1, 2024, the Company's cash balance was A$5.56m, with no debt or loan facilities in place. The continued funding from AusIndustry's R&D Tax incentive scheme has played a vital role in supporting GMG's ongoing research and development.The Company successfully implemented an organisational restructure by merging the Projects and Operations teams and streamlining its Graphene Manufacturing Plant and Thermal XR® Blending Plant. The new operating model to deliver Projects of scale will rely on trusted third-party providers who have a strong working relationship with GMG and a track record of delivery. Through careful organisational restructuring and active cost management, the Company has reduced its monthly operating cost base by almost 45% since September 2023. The Company will continue to look for ways to continue this trend while maintaining a delivery mind set.GMG's CEO Craig Nicol stated, "The timely receipt of the Research and Development rebate from the Australian Federal Government continues to provide significant working capital support while the Company has continued to focus on improving its cost base through streamlining of Operations and Projects teams while maintaining focus and pace on delivering its four critical business objectives."GMG's Chairman and Non-Executive Director, Jack Perkowski, commented: "The implementation of targeted costs savings together with the Research & Development rebate, allows the Company to remain focused on growing the sales of its Energy Savings products."About GMG www.graphenemg.comGMG is a clean-technology company which seeks to offer energy saving and energy storage solutions, enabled by graphene, including that manufactured in-house via a proprietary production process. GMG has developed a proprietary production process to decompose natural gas (i.e. methane) into its elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, 'tuneable' and low/no contaminant graphene suitable for use in clean-technology and other applications.The Company's present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, GMG has focused on graphene enhanced heating, ventilation and air conditioning ("HVAC-R") coating (or energy-saving coating), lubricants and fluids.In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries ("G+AI Batteries").GMG's 4 critical business objectives are:Produce Graphene and improve/scale cell production processesBuild Revenue from Energy Savings ProductsDevelop Next-Generation BatteryDevelop Supply Chain, Partners & Project Execution CapabilityFor further information please contact:Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.Cautionary Note Regarding Forward-Looking Statements This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the Company's new operating model, future cost reductions, and the Company's focus on the sale of its energy saving products. Such forward-looking statements are based on a number of assumptions of management, including, without limitation, that the new operating model to deliver Projects of scale will rely on trusted third-party providers who have a strong working relationship with GMG and a track record of delivery, that the Company will continue to look for ways to reduce costs while maintaining a delivery mind set, and that the Company's focus will remain on growing the sales of its energy saving products. Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: that the Australian Federal Government will not continue its Research and Development Tax Incentive scheme, or that the Company will not continue to benefit from the tax incentive, that the new operating model to deliver projects of scale will not rely on trusted third-party providers who have a strong working relationship with GMG and a track record of delivery, that the Company will be unable to reduce costs further while maintaining a delivery mind set, that the Company will not remain focused on growing the sales of its energy saving products, risks relating to the extent and duration of the conflict in Eastern Europe and its impact on global markets, the volatility of global capital markets, political instability, the failure of the Company to obtain regulatory approvals, attract and retain skilled personnel, unexpected development and production challenges, unanticipated costs and the risk factors set out under the heading "Risk Factors" in the Company's annual information form dated October 3, 2024 available for review on the Company's profile at www.sedarplus.ca.Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/229939 Copyright 2024 ACN Newswire via SeaPRwire.com.
MANILA, Nov 18, 2024 - (ACN Newswire via SeaPRwire.com) - Darwinbox, a globally recognized HR technology platform, has been named a Challenger in the 2024 Gartner Magic Quadrant for Cloud HCM Suites for enterprises with over 1,000 employees. This significant recognition marks Darwinbox’s continuous rise in the HR tech industry, with the company standing out as the only provider worldwide to move up a quadrant this year.Trusted by 950+ enterprises globally, today some of the largest conglomerates (top 2 out of 5), banking (top 4 out 5), retail and real estate brands in Philippines such as Security Bank, Gokongwei Group, BPI, Starbucks, URC, Filinvest, SM Prime and more are modernizing their HR with the mobile-first and agile platform. Known for its advanced AI capabilities and user-focused experience, Darwinbox is increasingly becoming the preferred choice for enterprises in the Philippines. Since its expansion to this market in 2019, the company has invested heavily in localizing its platform to meet the unique needs of businesses in the region.“Our rise to Challenger status is driven by our commitment to building a modern, global HCM platform, supported by AI-driven innovation and user-centric design.We’re leading the way with cutting-edge technologies like Gen-AI, addressing the complexities of global enterprises with multi-country payroll solutions, and continuously evolving our platform to not only solve for today’s needs but tomorrow’s challenges” said Chaitanya Peddi, Co-founder of Darwinbox. “Philippines is a digital-first market and we’ve made deep R&D investments to deliver highly localized solutions that solve for the diverse needs of businesses in the region. With a growing number of organizations experiencing the transformative impact of Darwinbox, we’re committed to doubling down on our expansion in the region”AI with Practical ImpactDarwinbox’s AI solution, Darwinbox Sense, has been instrumental in helping organizations make better, data-driven HR decisions. By embedding AI in daily workflows, Darwinbox enables Filipino organizations to gain insights into employee performance, reduce hiring biases, and understand workforce sentiment—all critical for fostering an inclusive and engaged workplace. Its intelligent tools, like conversational analytics, automated workflows, and payroll anomaly detection, deliver insights exactly when and where they’re needed.Flexible Platform for Unique Local NeedsRecognizing the need for adaptable solutions, Darwinbox’s Extensibility Suite offers Filipino HR teams the ability to tailor and automate workflows through low-code, no-code tools. This flexibility enables companies to streamline operations with minimal IT dependency, allowing HR teams to quickly respond to changing business needs.Mobile-First Design for High EngagementUnderstanding the importance of mobility in the Philippines, where many employees work remotely or in the field, Darwinbox’s platform is built to engage a diverse range of users across different work environments. Its mobile-first design ensures seamless connectivity, allowing organizations to reach every employee, from frontline workers to office-based teams, fostering a unified and engaged workforce.Talent Management for Skills DevelopmentThe platform’s talent management features, highly rated in Gartner’s report, support Filipino companies in building a robust skills-based workforce. Darwinbox’s AI-driven career planning tools and Talent Hub offer managers and employees personalized guidance for career development, helping Filipino businesses retain top talent and enhance workforce growth.For More InformationRead the blog, "Darwinbox Rises as a Challenger in 2024 Gartner® Magic Quadrant™ for Cloud HCM Suites for 1,000+ Employee Enterprises," by Chaitanya Peddi, Co-founder, Darwinbox.Read a complimentary copy of the Gartner report on the Darwinbox website.Gartner DisclaimerGartner does not endorse any vendor, product or service depicted in our research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences, and should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose.GARTNER is a registered trademark and service mark, PEER INSIGHTS and MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.Gartner, Magic Quadrant for Cloud HCM Suites for 1,000+ Employee Enterprises, 23 October 2024, Ranadip Chandra, et. Al.About DarwinboxFounded in 2015, Darwinbox is a global HR tech leader that empowers enterprises to better manage their talent with new-age employee experiences and disruptive AI-powered technology. Its cloud-based Human Capital Management (HCM) software caters to an organisation's HR needs across the entire employee lifecycle. Darwinbox is trusted by over 3 million employees from more than 900 enterprises across 130 countries. Darwinbox has been backed by global investors like TCV, Microsoft, Salesforce Ventures, Peak XV, Lightspeed and Endiya Partners among others.More at www.darwinbox.comFor media inquiries, please contact: Rishita.chiranewala@darwinbox.in Copyright 2024 ACN Newswire via SeaPRwire.com.
Johannesburg, South Africa, Nov 11, 2024 - (ACN Newswire via SeaPRwire.com) - The BFSI IT Summit is excited to unveil the list of BFSI leaders to watch in 2024. This selection was made through a comprehensive process involving nominations, direct applications, insights from our database, interviews, company websites, and various public sources.These exceptional leaders share a collective passion and steadfast dedication to driving meaningful change. They are making significant strides in areas such as Digital Transformation, Artificial Intelligence, Innovation, and Automation, inspiring others in their fields.Meet the BFSI50 winners:Mahlokileng Semenya ,FNB,PMO HeadFaith Nokuthula Ndala, Standard Bank,Head Of Technology Digital SolutionsCelia Mantshiyane, First Rand,Group CisoKholeka Tsotsotso, Development Bank Of Southern Africa,Chief Information OfficerMurendeni Nemukula, Bidvest Bank, Head:Mi Bi And AnalyticsArun Krishnamoorthy, Absa, Chief Information OfficerRaymond Tsongorera, Hollard Insurance, Head of ITTheo Groenewald, Discovery Ltd, Head Of Data ManagementMakabongwe Siziba, Fasset, Chief Information OfficerMaele Masibi, First National Bank South Africa, Business Architect HeadLazola Ndamase, Vodacom, Head of Data Enablement & AnalyticsMeshack Ndwandwe, First National Bank, Chief Information OfficerBoris Ntini, Absa, Head of TechnologyFikile Mekgoe, Bidvest Bank, Head Of Technology: Delivery & TestingRene Moodley, JSE, Head of IT and OperationsNkosingiphile Mbeje, GPAA, Assistant Director:Information SecurityJacob Tshabalala, Woolworths Financial Services, Head of Data & AnalyticsItumeleng Makgati, Nedbank,Divisional Executive: Group TechnologyHelene Bezuidenhout, GPAA, Deputy Director:ICT Information SecurityMandla Mbasane, National Housing Finance Corporation, CISOKulani Likotsi, Absa, VP Technology and Enterprise Data ManagementDhesen Ramsamy, Old Mutual Limited, Chief Technology&Data OfficerPhakama Makalima, Absa Life Insurance, Chief Information OfficerThato Mafanti, Telesure Investment Holdings, Head Of Information TechnologySachin Surajbali, Liberty Group South Africa, Group Chief Information Security OfficerZaid Parak, Discovery Ltd, Group Chief Information Security OfficerTrevor Govender, Standard Bank, Head:Process ExcellenceSheldon Kisten, Liberty Group South Africa, Head Of Cyber Security OperationsMandisa Thekokhitsane, Sanlam, Head Of Alternative Customer SolutionsErnst Taljaard, Discovery, Chief Data Solutions ArchitectStefanie Holman, Absa Relationship Banking, Head Product Development And DesignLucia Buthelezi, Motovantage, Head Of ITJoseph Stokes,Telesure Investment Holdings, Group Head:Cybersecurity And IT GovernanceChristoff Le Roux, Gobid Pty Ltd, Chief Information OfficerDuran Chetty, Hollard Group Risk, COO,CIOMandi Scott, Standard Bank, CIO Data And DigitalNozipho Morajane, Bayport Financial Services, Group IT Risk & Information Security OfficerPravesh Govender, JSE, HEAD: IT Service Delivery.Daniel Adaramola, SunTrust Bank Nigeria Ltd, Chief Information Security OfficerMichelle Bisaro, Absa Group, Head Of Digital Products: Consumer ProductsMfini Khaya, FNB, IT Executive Head & Joint-CIOLeslie-Ann Snyders, Absa Group, Head of DataAlicia Narainsamy, Santam, Executive Head: Digital Transformation & AITheodossios Mouchteros, Acumen Group Pty Ltd, Head Of Information Technology OperationsNdibulele Mqoboli, Momentum, CIOGideon Botha, Nedbank Group Limited, Head Of Credit Systems And Specialised Projects For Nedbank Group RiskNjabulo Ndaba, Johannesburg Stock Exchange (JSE), Head Of IT.Lizelle Van Der Merwe, Standard Bank,Co-Founder And Product Owner, Powerpulse, CIB DigitalLikeleli Monyamane, Standard Bank,Head, Digital Programs, Digital & eCommerceTawanda Chatikobo, Absa Ltd, Head of Digital BankingRicardo September, Momentum Group, Head Digital Workplace ServicesRyan John, 1Discovery Vitality, Head of OperationsVilen Muruvan, FNB South Africa, Head of Business SolutionsWilma Crosson,Volkswagen Financial Services South Africa, Chief Information OfficerRidwaan Rasool, Absa, Chief Analytics OfficerNozipho Duma, First National Bank, Group Data And Analytics Programme HeadNollie Maoto, First Rand, Group Compliance Chief Data and Analytics OfficerAylon Byron Spinner,Standard Bank Group,Head of Technology Strategy and ArchitectureTsebeletso Mashau,Standard Bank,CIO Personal and Private Banking Africa RegionsDolly Mphahlele,FirstRand Group,Head of BI and DatawarehouseDr. Gerbrand Breed,Absa,Head: Retail Risk Modeling,Measurement And Data CenterKgomotso Rammutla,Woolworths Financial Services,Head Of Digital And PaymentsThav Reddy,Absa Group,Group Head of PrivacyVidhya Medapati,FNB South Africa,Head of ProductHendrik Wiese,iMasFinance,Head: Information Security,CISORohan Daya,Access Bank,CISOSibusiso Mbingo,PPS Insurance,Chief Information OfficerViren Naidu,Hollard Insurance,Chief Information OfficerShoaib Nathie,CIB,CIODido Wa Kalonji,First National Bank,Chief Information OfficerConnect with BFSI leaders to explore digital transformation, industry trends, and emerging technologies at the BFSI IT Summit on November 20, 2024 at Qurtuba Convention Centre, Johannesburg, South Africa.For more information about BFSI Innovation & Technology Summit and The BFSI50 awards, click on the Link.About ExitoExito, which means success in Spanish, embodies our commitment to the success of our customers. Each year, we host over 240 virtual and in-person conferences globally, bringing together audiences with world-class thought leaders and C-level executives across industries. Our meticulously crafted agendas, based on extensive research and valuable industry insights, facilitate business, knowledge transfer, deal flow, and impactful messaging for brands.For Media Enquiries, contact:Kasturi Nayak (Sr. Marketing Executive) Kasturi.nayak@exito-e.com Enquiry@exito-e.com Exito Media Concepts Copyright 2024 ACN Newswire via SeaPRwire.com.
SINGAPORE, Nov 18, 2024 - (ACN Newswire via SeaPRwire.com) - Despite Singapore’s abundant sunlight, Vitamin D deficiency remains a prevalent health issue, affecting millions of people. This deficiency significantly compromises bone health, leading to osteoporosis, a “silent disease” due to its subtle onset. Research indicates that bone health begins to decline at age 25, making it crucial to address this issue, especially as Singapore’s population continues to age. The urgency to combat this silent epidemic has never been greater.As sedentary lifestyles and poor dietary choices become increasingly common, the impact of osteoporosis is alarming: one in three women and one in five men over the age of 50 in Singapore are affected. Known as the “sunshine vitamin,” vitamin D plays a critical role in efficient calcium absorption, essential for maintaining bone density and preventing osteopenia and osteoporosis. Without adequate vitamin D, the body struggles to absorb calcium, increasing risk of fractures and leading to deteriorating bone health.In line with World Osteoporosis Day on 20 October, LAC (pronounced as L-A-C) is dedicated to raising awareness about the importance of bone health and empowering individuals to take preventive measures to optimise their bone density. By incorporating calcium-rich foods or supplements, ensuring adequate Vitamin D intake and regular physical activity, individuals can significantly reduce the risk of osteoporosis.LAC FullCal® combines calcium, magnesium and Vitamin D in a golden ratio, making it vital for maintaining strong bones, teeth and muscle function. This unique formula not only reduces the risk of osteoporosis but also improves calcium absorption, making it an excellent option for maintaining optimal bone health. With its all-in-one solution, individuals no longer need to rely on three separate supplements to achieve the same benefits, offering both enhanced convenience and cost savings.LAC Joint Protec®, formulated with a proprietary blend of ingredients such as Glucosamine, Chondroitin and Collagen, work together to alleviate joint stiffness and discomfort while enhancing mobility and flexibility. Copyright 2024 ACN Newswire via SeaPRwire.com.
KUALA LUMPUR, Nov 15, 2024 - (ACN Newswire via SeaPRwire.com) - PT TransNusa Aviation Mandiri signed a Memorandum of Understanding (MOU) with AIROD Aerospace Technologies Sdn Bhd, establishing a strategic alliance with the Malaysian aircraft Maintenance, Repair and Operations (MRO) service provider.In addition, TransNusa also signed a Standard Ground Handling Agreement (SGHA) with AIROD for Technical Handling of its aircrafts at Subang Airport. TransNusa became the first foreign airline to received approvals and start scheduled flights from Jakarta to Subang in August, this year. The airline currently operates daily scheduled flights from Soekarno-Hatta International Airport, Jakarta to Subang Airport.TransNusa Group Chief Executive Officer, Datuk Bernard Francis said “Today’s MOU and SGHA will initially focus on the provision of MRO services by AIROD for our Airbus A320 aircraft family.He added that as stated in the MOU, AIROD will plan, develop and conduct dedicated inspections and maintenance work for TransNusa’s A320 family of aircrafts in Malaysia, starting December, this year.“This is not a small undertaking as it reflects TransNusa’s commitment to passengers in ensuring that our aircraft operate at peak performance, adhering to the highest standards of safety and efficiency,” said Datuk Bernard, emphasising the importance of an MRO provider for an airline.The signing of the MOU and SGHA took place at H76, AIROD Complex, Subang, Selangor. Datuk Bernard signed the MOU and SGHA on behalf of TransNusa while AIROD Aerospace Technology CEO, Datuk Firhad Uzir Abdul Rahim signed on behalf of his company.Established in 1976, AIROD is one of Asia Pacific’s oldest MRO service provider. Since its privatisation in 1995, the company has provided MRO-related services to 76 customers, with a combination of commercial and military aircrafts, from 33 countries.“As such, we acknowledge and appreciate AIROD’S vast experience and strength in providing world class quality depot level maintenance, aircraft customization, and modifications, which also includes structural and avionics upgrades,” said Datuk BernardDatuk Bernard stressed, “This MOU is a crucial first step towards the development of a Maintenance Support Agreement, which will detail the binding commitments of both parties. Until then, this MOU represents our dedication to working collaboratively, exploring all viable options, and striving for operational excellence.”Datuk Firhad presenting a memento to Datuk Bernard to mark the event.On why TransNusa has partnered with AIROD, Datuk Bernard said, “AIROD has been a leading Maintenance, Repair, and Overhaul (MRO) service provider in Malaysia for more than a decade and is known for delivering high-quality services.“AIROD specializes in a range of MRO-related services such as in base maintenance, inspections, modifications, refurbishments, corrosion control and repair, operational checks, and crash damage repair for aircrafts including the Boeing B737 series (Classic & NG), ATR 42/72 family, and A320 family,” Datuk Bernard said, adding that AIROD is also certified by the Federal Aviation Administration (FAA) and the European Union Aviation Safety Agency (EASA) for MRO services, with approvals from 8 other National Aviation Authorities (NAA) across the Asia-Pacific region.“With such a strong foundation, we are happy to partner with AIROD to ensure that our aircraft are always at optimum level of performance,” Datuk Bernard stressed.He added that AIROD also has a list of impressive local customer base including AirAsia Group, Batik Air, Kargo Xpress, Firefly, Berjaya Air, Raya Airways, and MyJets.“Our passengers trust us to get them safely from one destination to another, and this trust must be earned and maintained. By partnering with AIROD, we are reaffirming our commitment to safety and ensuring that our aircraft maintenance is in the hands of one of the most reputable MRO providers in the industry. This will empower us to focus more on our core mission of delivering seamless and exceptional travel experiences to our customers.” Datuk Bernard said.TransNusa, which had to close it business operation in September 2020 due to impact of the Covid-19 pandemic on the aviation industry, started operations again after injection of new shareholders and management team led by Malaysian-born aviation industry veteran, Datuk Bernard Francis, in October 2022.Within 6 months, under the leadership of Datuk Francis, the airline introduced its first international route between Jakarta and Kuala Lumpur and celebrated its first-year anniversary for this route on April 14, 2024. In August, this year, TransNusa became the first international airline to operate daily scheduled flights from Subang airport to Jakarta.Since the change in management team, TransNusa has been contributing and changing the aviation landscape in Indonesia. It has been making headlines in Indonesia, Malaysia, Singapore, China and around the world with news of being the first airline in Indonesia and the world to develop and introduce a new domestic route connecting Bali and Manado. TransNusa also became the second Indonesian airline to receive approval to fly to China and provided its passengers with more pricing and route options to China.In October, the airline yet again experienced another milestones by becoming the first Indonesian airline and second airline in the world to launch scheduled flight from Manado to Guangzhou, China.Primary Media ContactTrina Thomas Raj0124992672trina@myqaseh.orgAbout TransNusa TransNusa Airline, is a Premium Service Carrier. After the take-over, in February 2024, the airline rebranded itself from being a Low-Cost Carrier to a Premium Service Carrier in line with its upgraded aircrafts that offers better comfort as well as based on the flexibility and quality of the services offered. TransNusa, which received its AOC certification on 9th September 2022, launch its first three A320 operations on 6th October, 14th October and 12th December, 2022. The airline, which became the first outside of China to utilise Comac, received its first ARJ21 on 22nd December, 2022. In 2023, TransNusa introduced a new business model making it the first Premium Service Carrier in the Asia Pacific region. TransNusa introduced its first international flight on 14th April, 2023. The airline is currently based in Jakarta Soekarno-Hatta International Airport.The airline currently flies to Yogyakarta and Bali. On the international front, TransNusa flies to Singapore, Guangzhou, Kuala Lumpur and Johor. The airline became the second Indonesian airline to fly to China and the first Indonesian airline to launch a Premium Service Carrier business model.Passengers can book their flights on the TransNusa website (www.transnusa.co.id), through authorized travel agents in Singapore, Malaysia and Indonesia, or by contacting the airline's customer service centre at, +62216310888. For the Singaporean market, passengers can contact TransNusa’s General Sales Agent, Chariot Travels Pte Ltd, at +65 86602719 while for the Malaysian market, passengers can contact MKM Ticketing Travel & Tours Sdn Bhd at +60378312581. Copyright 2024 ACN Newswire via SeaPRwire.com.
BAKU, Azerbaijan, Nov 16, 2024 - (ACN Newswire via SeaPRwire.com) - The Indonesian Government, through Special Presidential Envoy of the Republic of Indonesia Hashim Djojohadikusumo, announced EUR 1.2 billion in green funding for the Indonesian power sector from German state development bank Kreditanstalt für Wiederaufbau (KfW) at the COP29 World Climate Conference in Baku, Azerbaijan, on Wednesday (11/13). The conference runs through Friday (11/22).COP29 MoU: Indonesian Special Presidential Envoy Hashim Djojohadikusumo (second left), with PLN President Commissioner Burhanuddin Abdullah (second right), PLN President Director Darmawan Prasodjo (right), and Kreditanstalt fur Wiederaufbau (KfW) Chief Sustainability Officer Jurgen Kern at the signing, themed "Leading the Charge: Strategic Partnership to Catalyze Decarbonization" in Baku, Azerbaijan on Wednesday, Nov 11.The agreement was marked by the signing of a Memorandum of Understanding (MoU) between PT PLN (Persero) and KfW to support Indonesia's energy transition towards self-sufficiency with the development of various green power and clean energy projects, centered on the Pumped Storage Hydroelectric Power Plant (PLTA) and transmission network connecting with green power plants. Hashim emphasized that the government is committed to accelerating the energy transition. By fostering collaborations at the global level, the shift towards renewable energy is expected to support energy self-sufficiency and drive national economic growth. "We have developed a new strategy over the next five years to achieve a minimum of 8% sustainable economic growth," Hashim affirmed. He stated that the development of clean energy sources is crucial for enhancing industrial competitiveness. Over the next 15 years, Indonesia's renewable energy generation capacity is targeted to increase by 75% from the total addition of 100 gigawatts (GW) in electricity capacity. "We will be a major country fulfilling our responsibility to protect the environment’s future. We deeply appreciate the established international cooperation as a joint effort toward reaching the Net Zero Emissions (NZE) target," Hashim explained. PLN President Director Darmawan Prasodjo expressed full support for the government’s initiatives in advancing the energy transition. Various collaborations and initiatives have been implemented by PLN to ensure the success of sustainable electricity projects. Darmawan noted that KfW's involvement in PLN’s green projects is expected to attract more international partners to collaborate. This will create a synergy of sustainable strategic, technical, and investment collaboration in global climate action. "This collaboration signifies PLN's proactive steps in expanding international partnerships to enhance national energy self-sufficiency in line with global climate actions," Darmawan stated.KfW Group's Sustainability Officer, Jurgen Kern, explained the KfW support for Indonesia represents Germany's commitment to international cooperation for green transformation. Further, Jurgen highlighted that PLN is at the center of Indonesia’s energy transition. PLN is strongly committed to greening the energy sector while ensuring reliable energy access."Therefore, we believe that Indonesia and Germany can continue strengthening their partnership in the energy sector, especially in clean energy projects like geothermal, hydropower, and transmission. Achieving the NZE target requires solid collaboration and partnership," Jurgen said.- Antara, for PT PLN (Persero), https://web.pln.co.id/en/sustainability/sustainability/.- Indonesia: https://indonesia.go.id/, KfW Germany: https://www.kfw.de/kfw.de-2.html Copyright 2024 ACN Newswire via SeaPRwire.com.
Vancouver, British Columbia--(Newsfile Corp. - November 15, 2024) - Military Metals Corp. (CSE: MILI) (OTCQB: MILIF) (FSE: QN90)(the "Company" or "Military") is pleased to announced that it has closed its previously disclosed transaction, pursuant to which 1509149 B.C. Ltd., a wholly-owned subsidiary of the Company, amalgamated with 1458205 B.C. Ltd. (the "Target") such that the Company has acquired 100% of the issued and outstanding common shares in the capital of the amalgamated entity (the "Transaction").In connection with the Transaction, the Company issued 10,000,000 Common shares in the capital of the Company (the "Company Shares"), at a deemed issuance price of $0.56 per Company Share, to the shareholders of the Target. Previously, it was contemplated that the Company would assume the Target's obligations in respect of 3,499,997 share purchase warrants, which were to become exercisable into Company Shares on closing, however the parties to the Transaction have amended the terms, and such obligation is not being assumed by Military. The Company Shares issued are not subject to resale restrictions under applicable Canadian securities laws.About the Projects:The Transaction results in the Company acquiring three mineral exploration projects in Slovakia, being the Trojarová antimony-gold project, the Tiennesgrund antimony-gold project, and the Medvedi tin project. It is the intention of the Company to produce a technical report under National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") in connection with Trojarová. The Company also intends to file a Business Acquisition Report for the Transaction in accordance with the requirements of applicable securities laws.About the Trojarová Antimony-Gold ProjectAs first reported in the Company's news release regarding Trojarová dated October 30, 2024, discovered in the late 1970s Trojarová was the focus of extensive surface and underground exploration from 1983 to 1995, with 63 core holes completed for a total of 14,330m, along with 1.7km of underground development starting in 1990, ultimately comprising a 300-meter-long adit connected to a 700-plus meter-long drive in the footwall of the mineralized zone with seven crosscuts into the mineralized zone for sampling purposes. These efforts culminated in a multi-volume study comprising drill logs, analyses, drill plans, maps and sections, deposit model studies, petrographic studies, metallurgical studies and more, culminating in a multi-volume compendium of reports produced by the Slovak Geological Institute published in 1992. The historical estimate at Trojarová was classified using the Slovak version of the newly post-Soviet Russian classification system, which is not directly comparable to or compatible with the western system as defined by the Canadian Institute of Mining, Metallurgy & Petroluem ("CIM Definition Standards for Mineral Resources & Mineral Reserves"). The Slovak Geological Institute, the State agency that carried out all exploration and underground development work at Trojarová, classified the resource as "P1" in the Slovak version of the Russian classification system. P1 is closest within the Canadian Institute of Mining, Metallurgy & Petroleum's ("CIM") classification system to "Inferred Mineral Resources," which is defined by the CIM as that part of a Mineral Resource for which quantity and grade or quality are estimated on the basis of limited geological evidence gathered through appropriate sampling techniques from locations such as outcrops, trenches, pits, workings and drill holes.The 1992 Report contains a table featuring ten alternate historical resource estimates, five focused on the antimony component of the mineralized system and five on its gold component, each group of five featuring decreasing tonnage at increasing grade for antimony and gold, respectively. This table is shown below.Historical alternate resource estimate scenarios for Trojarova(source: Michel et al, 1992)To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10818/230288_a61f2007c4ec68b4_001full.jpgUpon completion of the Amalgamation, the Company will move forward to verify this historical estimate through a program of confirmation drilling so that it is able to classify mineral resources at Trojarová as current, in accordance with National Instrument 43-101.Map showing the location of Military's properties in SlovakiaTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10818/230288_a61f2007c4ec68b4_002full.jpgInvestor Relations Engagements:The Company further announces entry into agreements related to marketing and investor relations. Further to the news releases announced on October 24, 2024, the Company engaged Clarkham Capital ("Clarkham") to provide investor relations services with a focus on the German stock market and the German-speaking investment community in support of the company listing on the Frankfurt Stock Exchange (the "Clarkham Agreement") with a commencement date of November 18, 2024. Pursuant to the terms of the Clarkham Agreement, Clarkham will, among other items, provide the Company with marketing services, which includes social media management, content creation, distribution, digital marketing, including, but not limited to, the preparation of articles and coverages on multiple financial platforms and newsletters, and translation and distribution of press releases in Germany and any other marketing services as agreed upon by the Company and Clarkham (the "Clarkham Services"). The Clarkham Agreement has a term of two (2) months and is anticipated to commence on or about November 18, 2024. The Company will make a one-time payment to Clarkham of EUR 200,000 (CAD$298,340), as consideration for the Services. Sebastian Korbach will be providing the Clarkham Services to the Company on behalf of Clarkham and may be contacted at +44-20-38839398 or cc@clarkham.com. The Company will not issue any securities to Clarkham as compensation. Both Clarkham and Sebastian Korbach are arm's length to the Company and do not have any interest, direct or indirect, in the Company or its securities nor do they have any right to acquire such an interest.Additionally, the Company entered into a one-time media services arrangement with Robert Sinn ("Sinn") in which Sinn will provide the Company with marketing services, which includes, video content creation, distribution, digital marketing, in connection with a video interview being conducted by Sinn (the "Sinn Services") for distribution on popular investor platforms such as BNN Bloomberg. The Sinn Services will commence on November 20, 2024. The Company will make a one-time payment to Sinn of $2,500 USD, as consideration for the Sinn Services. Sinn and may be contacted at +352-613-2850 or ceotechnician@gmail.com, or Suite 508, 416 SW 1st Avenue, Fort Lauderdale, FL, 33301. The Company will not issue any securities to Sinn as compensation. Sinn is arm's length to the Company and does not have any interest, direct or indirect, in the Company or its securities nor does he have any right to acquire such an interest.On November 15, 2024, the Company entered into a media services contract (the "NIA Agreement") with GRA Enterprises LLC, DBA National Inflation Association ("NIA"). Pursuant to the terms of the NIA Agreement, NIA will, among other items, provide the Company with marketing services, which includes social media management, content creation, distribution, digital marketing, and any other marketing services as agreed upon by the Company and NIA (the "NIA Services") for distribution on popular investor platforms such as BNN Bloomberg and Benzinga. The NIA Agreement has a term of thee (3) months and is anticipated to commence on or about November 18, 2024. The Company will make a one-time payment to NIA of US$30,000, as consideration for the Services. Gerard Adams will be providing the NIA Services to the Company on behalf of NIA, and may be contacted at +973-277-7674 or inflationusceo@gmail.com, or 112 Camp Lane, Mooresville, NC 28117. The Company will not issue any securities to NIA as compensation. Both Gerard Adams and NIA are arm's length to the Company and do not have any interest, direct or indirect, in the Company or its securities nor do they have any right to acquire such an interest.The technical contents of this release were reviewed and approved by Avrom E. Howard, MSc, PGeo, geological consultant to Military Metals and a qualified person as defined by NI 43-101.About Military Metals Corp. The Company is a British Columbia-based mineral exploration company that is primarily engaged in the acquisition, exploration and development of mineral properties with a focus on antimony.ON BEHALF OF THE BOARD of DIRECTORSFor more information, please contact:Scott EldridgeCEO and Directorscott@militarymetalscorp.comFor enquiries, please call 604-722-5381 or 604-537-7556This news release contains "forward-looking information". Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking information in this news release includes statements related to the filing of a NI 43-101 compliant technical report, the filing of the Business Acquisition Report, as well as future plans for exploration activities, and for marketing. A variety of factors, including known and unknown risks, many of which are beyond our control, could cause actual results to differ materially from the forward-looking information in this news release. These include, geopolitical developments related to the supply of antimony, the continued use of antimony and availability of alternatives, availability of capital and labour in respect of the properties that are the subjects of this news release, the results of any future exploration activities, which cannot be guaranteed, and such other factors as may impact any future activities in respect of the properties held by the Company. Additional risk factors can also be found in the Company's public filings under the Company's SEDAR+ profile at www.sedarplus.ca. Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward looking statements if circumstances, management's estimates or opinions should change, except as required by securities legislation. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.The Canadian Securities Exchange has neither approved nor disapproved the information contained herein and does not accept responsibility for the adequacy or accuracy of this news release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/230288 Copyright 2024 ACN Newswire via SeaPRwire.com.
SINGAPORE, Nov 15, 2024 - (ACN Newswire via SeaPRwire.com) - While most credit cards offer common benefits like fraud protection, they may differ based on their features and benefits. Before applying for a particular credit card, it's helpful to understand the different types of credit cards and how they work. Explore the different types of credit cards below.Travel Credit CardsTravel credit cards offer opportunities to earn and/or redeem rewards against travel purchases. For example, the Citi PremierMiles Card lets cardmembers earn 1.2 Citi Miles for every S$1 spent locally and 2.2 Citi Miles for every S$1 spent in foreign currency. Enjoy two annual complimentary airport lounge visits and get up to S$1 million in insurance coverage. While the exact benefits of a travel credit card may vary, travel cards provide exceptional value for people who travel often.Rewards Credit CardRewards credit cards help cardmembers earn points with every swipe and are an excellent choice for people who want more from their shopping experiences. Some rewards cards offer points with every purchase, others offer bonus rewards when cardmembers shop from categories like fuel, groceries, dining, entertainment, etc. The Citi Prestige Card earns rewards on all local and overseas spends and offers premium experiences like lounge access, golf privileges, concierge services, complimentary night hotel stay worldwide and more.Cash back CardsCash back cards provide cardmembers cash rebates on eligible transactions, making them a great option for people who prioritize savings. Some cash back cards allow redemption through shopping vouchers while others allow cardmembers to apply cash back toward credit card bill payments. Citi offers four different cash back credit cards that offer a range of benefits suited to different lifestyles and preferences. This includes the Citi Cash Back+ card where there is no cap on cash back earned and cash back earned does not expire.Business Credit CardsCorporate or business credit cards are created to simplify payments for businesses. They help business owners create a separate line of credit for their company, enable fast and seamless payments, and offer rewards like points or cash back. Business credit cards can help with expense tracking and management while offering exclusive privileges and deals to cardholders like complimentary travel insurance and corporate liability waiver insurance. Citi offers three business credit cards that offer exceptional benefits and discounts on restaurants, travel bookings and more.Student Credit CardStudent credit cards offer young adults the chance to build credit and enjoy great deals. The Citi Clear Card has no minimum income requirement and allows cardmembers to earn rewards on every purchase and enjoy the safety of secure transactions. Student credit cards are one way for first time cardholders to learn how credit works, make the best of rewards programs like ThankYou rewards, and get an array of discounts through Citi World Privileges.Choosing the right credit cardRemember that it's vital to compare credit cards to properly identify the best fit. Here are a few things to consider before applying for a credit card:Benefits and rewards: Aspiring cardmembers should identify areas where they spend the most and find a credit card that rewards those purchases. Bargain hunters can prioritize credit card rewards programs that favour spending on fuel, groceries, entertainment, and dining. Adventurers and business travellers may travel often enough to justify a travel credit card to earn miles and get airport lounge access.Fees and interest: Credit cards carry annual fees, and premium cards may have higher fees than basic cards. Usually, the annual fees will give additional perks back to the customer in the form of points or miles. Card applicants should be informed about fees and charges before applying for a card.Reward complexity: Many cardmembers miss out on opportunities to redeem their points because they don't understand the redemption process. A complex rewards program with category-specific benefits or many redemption rules may not be for everyone. A simple program with no minimum spends and a flat cashback rate on all or most purchases is ideal for many people. It's also important to understand when rewards expire.The right credit card can make purchases and payments easier and more rewarding. But it's important to consider the pros and cons of credit cards, carefully read the terms and conditions, and consider individual needs before making a suitable choice.Citibank SingaporeCitibank Singapore offers consumers and institutions a range of financial products and services, including consumer and investment banking, credit cards, and personal loans. Citibank Singapore aims to deliver holistic and innovative solutions to clients and meet the increasingly complex strategies of its regional client base in the APAC in an ever-changing financial landscape.The content reflects the view of the author of the article and does not necessarily reflect the views of Citi or its employees. Please read the products and offers on Citibank Singapore website for accuracy or completeness of the information presented in the article.Name: Sonakshi MurzeEmail: Sonakshi.murze@iquanti.comJob Title: ManagerSOURCE: iQuanti Copyright 2024 ACN Newswire via SeaPRwire.com.
