Kingold Jewelry Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2018
Frost & Sullivan Webinar: Identify Grid Modernization Initiatives Supporting Growth in the Electrification of Transportation
IDG Capital, Matrix Partners, and Neo Global Capital Invest $20 Million USD into KuCoin to Bring Cryptocurrency to the Masses
Tyler Gallagher, CEO of Regal Assets, Issues Warning to ICO and Token Sale Investors
Lubrizol Issues First GRI Sustainability Report
Sino-Global Announces Fiscal 2019 First Quarter Financial Results
China Jo-Jo Drugstores Reports Second Quarter 2019 Financial Results
Agreements for Purchase of Exhaust Gas Cleaning Systems ("scrubbers")
Seven HKTDC Autumn Fairs Attract Record 195,000+ Buyers
Ana de Armas Revealed as the Star of Campari Red Diaries 2019, Entering Red, a Short Movie Directed by Matteo Garrone
-
Trillium Secure Wins CES 2019 Innovation Award
SUNNYVALE, CA, Nov 14, 2018 - (ACN Newswire) - Trillium Secure, Inc. (Trillium), the leader in secure data management, was named a CES 2019 Innovation Awards Honoree for its trusted mobility platform and services at the CES Unveiled New York event. By recognizing Trillium with this award, the Consumer Technology Association (CTA) reaffirmed the mobility industry's keen interest in Trillium's connected vehicle safety and data privacy solution. The CES 2019 Innovation Award will be proudly displayed at Trillium's CES Booth (#501) between January 8 - 11, 2019 in the Tech East section. "The smart mobility movement and the V2X landscape needs a trusted partner to keep connected vehicles, and the data generated by them safe and private - Trillium is that partner," said Dr. Sachio Semmoto, Chairman of Trillium. "The CES award represents an outstanding step in the right direction for Trillium and the greater transportation industry."The merits of Trillium's secure platform as a service were evaluated by a panel of judges, including designers, engineers and members of the tech media based on design, functionality, consumer appeal, engineering and how its solutions compare with the competition. The award winners were announced during CES Unveiled New York (Nov 8), an invite-only tech event bringing together top media, exhibitors and industry leaders for a sneak peek of the products and trends expected at CES 2019."The CES Innovation Award is proof that Trillium is the defending champion of preserving safety and data privacy in connected vehicles," said David Uze, CEO and founder of Trillium. "We're continuing to develop paradigm shifting technologies for keeping vehicle data safe over its lifecycle, and I hope many CES attendees will get the pleasure of experiencing one of our product demonstrations in Las Vegas in January."About Trillium Secure, Inc.Trillium Secure keeps connected and autonomous vehicles safe, and personal information private, through its trusted mobility platform and services. Trillium's secure platform as a service enables a wide-range of use-cases for vehicle data analytics and taps into the immense value of connected vehicle data services. To solve problems quickly, offer high value, and establish a mutually beneficial platform for monetizing vehicle data, Trillium develops its security and data management solutions from R&D and operations centers in Sunnyvale, Ann Arbor, Belfast, San Diego and Tokyo. For more information visit www.trilliumsecure.com and follow us on LinkedIn.Press Contact: Kevin EmEmail: Kevin.Em@TrilliumSecure.com Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com
-
Indonesia's Premiere Plastics & Rubber Exhibition Kicks Off to Shape the Future of Sustainable Packaging
JAKARTA, Indonesia, Nov. 14, 2018 /PRNewswire/ -- Plastics & Rubber Indonesia 2018, the Indonesia's premiere exhibition for the plastics and rubber industry organised by PT Pamerindo Indonesia, opens today, until November 17, 2018, at the JIExpo Kemayoran, Jakarta. Incorporating with Drinktech Indonesia, Plaspak Indonesia, and Mould & Die Indonesia, the exhibitions showcase key technologies in plastics & rubber machinery, processing, and materials. All expos also marked latest collaboration with Printech Indonesia, a converting, package printing, and labelling technologies' trade shows initiated by the Italian machine manufacturers' association, ACIMGA, to support global expansion of Indonesia's growing food and beverages industries. Opening speech by H.E. Taufik Bawazier The expo has officially opened, November 14, 2018 Chairwoman of Pamerindo Indonesia, G. Firmansjah More than 500 exhibiting companies from over 20 countries take part in the 31st edition of this international exhibition, that is set to attract more than 13,000 potential buyers, professionals, and industry leaders. The opening ceremony was opened by H.E. Taufik Bawazier, Director of Downstream Chemical Industry from Indonesian Ministry of Industry. "Packaging plays a vital role for food and beverages industry. Thus, we connect hundreds of plastics and rubber industry professionals to speed up sustainable packaging, through its material development and process innovation," said Wiwiek Roberto, Project Director of Pamerindo Indonesia, as organizer of the exhibition. Recycling innovation and biodegradable plastics (BDP) are among the most effective ways to reduce waste through the use of plastics. Henky Wibawa, Executive Director of Indonesian Packaging Federation (IPF) added, "Retailers will never remove packaging from its process, As it is created to keep products safe for consumption. What we need to improve is how to innovate the sustainable process, through plastic use, waste management, and viable plastic alternatives." During the expo, all visitors will also have access to seminar sessions led by key industry associations, including Indonesian Plastics Recyclers (IPR), Indonesian Packaging Federation (IPF), Association of Indonesian Soft Drink Producers (ASRIM), and Komunitas Printing Indonesia (KOPI). They will talk about trends, challenges, and opportunities for lifecycle and plastic recycling for better packaging systems. "The biggest challenge facing the packaging industry is creating eco-friendly packaging to help solve the global sustainability issue and plastics waste. Building knowledge to improve workforce is highly required, hence the industry will continuously keep up with innovations and intelligent packaging," said Triyono Prijosoesilo, Chairman of ASRIM. According to a research by a worldwide authority on packaging, Smiters Pira, there are tech categories needed to achieve greater packaging sustainability. They include innovative raw materials, barrier materials or multilayers combinations of plastics through flexible packages, as well as the use of Near Infrared (NIR) sorting. To share these insights on key technologies changing in plastics and printings, exhibitors such as Benua Kencana Makmur and Kawata Marketing Indonesia plastics machinery, as well as ARBURG plastics processing and Bilplast Grapindo packing materials will also conduct seminar session during the four-day expo. Being held from November 14-17, 2018, such plastics and packaging innovations will be displayed during the exhibitions, alongside advanced plastic and rubber equipment to accelerate materials processing and pre-processing for optimized results. About Pamerindo Indonesia: PT Pamerindo Indonesia was established with the sole purpose of organising specialised trade exhibitions for the Indonesian market. The company has grown considerably and now organises over 20 trade exhibitions in the Building & Construction, Electric, Food & Hotel, Manufacturing, Mining, Packaging, Plastics & Rubber, Oil & Gas sectors. PT Pamerindo Indonesia is the leading trade fair organiser in Indonesia. Since its inception PT Pamerindo Indonesia has organised over 180 international trade exhibitions in Jakarta, Surabaya and Bali. Photo - https://photos.prnasia.com/prnh/20181114/2299740-1-a Photo - https://photos.prnasia.com/prnh/20181114/2299740-1-bPhoto - https://photos.prnasia.com/prnh/20181114/2299740-1-c Related Links :https://www.plasticsandrubberindonesia.com
-
Egis Technology Inc. 2018 Q3 Revenue Report
TAIPEI, Taiwan, Nov. 14, 2018 /PRNewswire/ -- Today, Egis Technology Inc. (TWO:6462) announces its net revenues for Q3 2018. Consolidated 2018 Q3 Net Revenue (Unit: NTD Thousands) Period Q3 2018 Q3 2017 Y-o-Y Increase (Decrease) Q2 2018 Q-o-Q Increase (Decrease) Net Revenues 1,592,413 1,417,348 12% 1,479,849 8% About Egis Technology Inc. As a leading provider of fingerprint biometrics, Egis Technology Inc. (TWO:6462), specializes in providing a total turnkey solution with superior sensor performance and software functionality. Their proprietary matching algorithm offers one of the best FAR/FRR performances in the current market while providing maximum security and convenience. Egis' leading edge fingerprint technology is the ideal choice for implementation in mobile devices. As a board member of the FIDO Alliance, Egis aims to provide security and authentication for all in the online world. Egis is headquartered in Taipei, Taiwan with branch offices located in China, Japan, and USA. For more information, please visit www.egistec.com. Logo - https://photos.prnasia.com/prnh/20180307/2074033-1LOGO Related Links :http://www.egistec.com
-
NutraFuels, Inc. Announces Third Quarter 2018 Results
Coconut Creek, FL, Nov 14, 2018 - (ACN Newswire) - NutraFuels, Inc. (OTCQB: NTFU) ("NTFU" or the "Company"), a manufacturer and distributor of CBD and nutritional spray products and tinctures, announces its financial results for the three (3) and nine (9) month period ended September 30, 2018 with revenue of $1,062,146 and $2,870,462 respectively compared to $652,385 and $1,027,727 for the three (3) and nine (9) month period ended September 30, 2017.Third Quarter 2018 Results: http://www.acnnewswire.com/clientreports/598/NutraFuels3Q18.pdfForward Looking StatementsThis press release contains statements of a forward-looking nature. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by words or phrases such as "may," "will," "except," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "future" or other similar expressions. NutraFuels, Inc. ("NTFU" or the "Company") has based these forward-looking statements largely on the Company's current expectations and projections about future events and financial trends that the Company believes may affect Company's financial condition, results of operations, business strategy and financial needs. There is no assurance that Company's current expectations and projections are accurate. All forward-looking statements in this press release are based on information available to the Company on the date hereof. These statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results to differ materially from those implied by the forward-looking statements. More detailed information about these risk factors are set forth in the Company's filings with the Securities and Exchange Commission, including, but not limited to, those risks and uncertainties listed in the Section entitled "Risk Factors," in the Company's Annual Report on Form 10-K for the year ended December 31, 2017 filed with the Securities and Exchange Commission on April 17, 2018. The Company operates in a rapidly evolving environment. New risk factors emerge from time to time, and it is impossible for the Company's management to predict all risk factors, nor can the Company assess the impact of all factors on Company's business or the extent to which any factor, or combination of factors, may cause actual results to differ from those contained in any forward-looking statement. The Company does not undertake any obligation to update or revise the forward-looking statements except as required under applicable law.Contact:NutraFuels, Inc.6601 Lyons Road, Suite L-6Coconut Creek, FL 33073Telephone 888-509-8901www.NutraFuels.comwww.NutraHempCBD.com Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com
-
NutraFuels, Inc. Announces Third Quarter 2018 Results
Coconut Creek, Florida -- NutraFuels, Inc. (OTCQB: NTFU) ("NTFU" or the "Company"), a manufacturer and distributor of CBD and nutritional spray products and tinctures, announces its financial results for the three (3) and nine (9) month period ended September 30, 2018 with revenue of $1,062,146 and $2,870,462 respectively compared to $652,385 and $1,027,727 for the three (3) and nine (9) month period ended September 30, 2017. Forward Looking StatementsThis press release contains statements of a forward-looking nature. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by words or phrases such as "may," "will," "except," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "future" or other similar expressions. NutraFuels, Inc. ("NTFU" or the "Company") has based these forward-looking statements largely on the Company's current expectations and projections about future events and financial trends that the Company believes may affect Company's financial condition, results of operations, business strategy and financial needs. There is no assurance that Company's current expectations and projections are accurate. All forward-looking statements in this press release are based on information available to the Company on the date hereof. These statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results to differ materially from those implied by the forward-looking statements. More detailed information about these risk factors are set forth in the Company's filings with the Securities and Exchange Commission, including, but not limited to, those risks and uncertainties listed in the Section entitled "Risk Factors," in the Company's Annual Report on Form 10-K for the year ended December 31, 2017 filed with the Securities and Exchange Commission on April 17, 2018. The Company operates in a rapidly evolving environment. New risk factors emerge from time to time, and it is impossible for the Company's management to predict all risk factors, nor can the Company assess the impact of all factors on Company's business or the extent to which any factor, or combination of factors, may cause actual results to differ from those contained in any forward-looking statement. The Company does not undertake any obligation to update or revise the forward-looking statements except as required under applicable law.Contact:NutraFuels, Inc.6601 Lyons Road, Suite L-6Coconut Creek, FL 33073Telephone 888-509-8901www.NutraFuels.comwww.NutraHempCBD.com Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com
-
Tappy exhibits wearable payment solution in cooperation with Expresspay Card at Money20/20
The technology firm exhibits wearable biometric-enabled payment devicesHANGZHOU, China, Nov. 14, 2018 /PRNewswire/ -- Between November 14 and 16, 2018, wearable payment technology pioneer Tappy Technologies exhibits its wearable payment solution in collaboration with Expresspay Card at Money20/20. Relying on Expresspay Card, Tappy provides customers with diversified wearable payment solutions, significantly promoting Tappy's product development and portfolio in China. Currently taking place in Hangzhou, China, Money20/20 takes a very close look at the Chinese market from an international perspective, opening a bridge for communication between leading Chinese and international fintech firms, all of whom are seeking to explore collaborative and business opportunities. Hong Kong-based Tappy, a pioneer in wearable payments and access devices, was invited to attend the conference. Tappy's innovative technology can be fully integrated into form factors such as watches, chain bracelets, jewelry and many other kinds of accessories, instantly transforming them into payment and access devices through "Digitize your payment cards into your favorite wearables" The company's technology attracted much attention from participants. Biometric sensor sealed in Tappy's payment watch strap Notably, Expresspay Card, a partner of Tappy, was established with the guidance of the People's Bank of China. The effort is a joint venture founded by the Bank of China and China UnionPay through institutional investments, and is also the only UnionPay special card issuing member organization in China. Expresspay Card holders can pay with the card at any merchant that accepts UnionPay cards. Tappy Technologies works with Expresspay Card to provide customers with a unique, fast and safe flash payment service. Meanwhile, the new venture's technology can be deployed to understand their customers' purchasing behavior through big data, and use the findings to enhance the buying experience, enhance customer loyalty, and work with peers and like-minded firms to share resources and data. In addition to Expresspay Card, UK-based Barclays as well as India's Axis Bank and ICICI Bank have also selected Tappy Technologies' proprietary technology to enhance their customers' mobile payment experience. Biometric enabled contactless payment method utilizing secondary authorization technology At present, Tappy Technologies also serves a number of products from leading global brands such as Timex watches, GUESS watches, Suunto motion measurement solutions, Kronaby smart watches and Mondaine watches. "Our customer base includes many global payment networks, banks and watch brands," said Wayne Leung, CEO of Tappy Technologies. "Highly sophisticated algorithms ensure that our unique biometric sensors operate flawlessly without batteries, and that the watch's design is aesthetically pleasing, which is important to our watch partners." The cross-border cooperation between Tappy Technologies and Expresspay Card is expected to promote the integration of the technology pioneer and the makers of watches, bracelets, jewelry and fitness trackers in mainland China, as they plan to work hand in hand to roll out the revolutionary concept of biometric technology into the market, changing the rules of the game for anyone and everyone involved in the field of wearable payment. Photo - https://photos.prnasia.com/prnh/20181031/2284884-1-aPhoto - https://photos.prnasia.com/prnh/20181031/2284884-1-b
-
Three Chinese Key Opinion Leaders Invited to Broadcast a Journey of "Nourishing the Brain First" at Mead Johnson's Global R&D Center
EVANSVILLE, Ind., Nov. 14, 2018 /PRNewswire/ -- On the morning of October 16th in Evansville, Indiana, the Mead Johnson Nutrition campus -- now run by consumer health, hygiene and home giant RB -- was visited by three special guests: Xiaoxiaobao Mama, Zaozao Wang, and Janice. Together, these women are famous key opinion leaders in the mom & baby industry in China. The international guests were invited to one of Mead Johnson's largest R&D centers in the world. For the benefit of interested mothers, their journey was broadcast in real-time on four livestream platforms China including Tmall, Taobao, Suning and Yi Zhi Bo. This marked the first time a US infant-formula brand ever held a livestream dedicated to educating mothers in China about cutting-edge pediatric nutritional science. The three influencers involved in the “Nourishing the Brain First” live show (From left to right: Zaozao Wang, Xiaoxiaobao Mama, Janice) The History Wall: A century-old brand boasts a moving story of origin The visit started at the Mead Johnson History Wall, which details a story dating back over 100 years, when scientific and medical technology lagged far behind where it is today. The first child of E. Mead Johnson, founder of Mead Johnson Nutrition, was born with a congenital heart defect, which affected his feeding and nutrition. The family worked with pediatrician Dr. Abraham Jacobi (recognized today as the father of American pediatrics) who provided them a feeding mixture which saved the baby's life. Years later, E. Mead Johnson was inspired by his son's experience and hoped to help children all over the world achieve a better life. His focus in infant nutrition research to help more babies in need of care has led to the Mead Johnson Nutrition operation of today. The MJPNI (Mead Johnson Pediatric Nutrition Institute) : Mead Johnson's century-long dedication to providing babies better nutrition through human milk research After learning about the company's origin, the three Chinese influencers found another profound experience at the MJPNI Evansville Technology Center, which is one of several R&D centers that focuses on cutting-edge science. As a global leader in pediatric nutrition research and development, Mead Johnson has applied this cutting-edge pediatric nutrition research to product development since its inception. In the Evansville R&D center, the scientists shared the story of how MJN studied the levels of the omega-3 fatty acid DHA in global human milk, and then undertook pioneering clinical studies that showed that breastmilk DHA levels impact babies' brain development and visual acuity. The MJPNI engineers were then able to put this DHA innovation into practice by demonstrating how DHA can be added into infant nutritional products through a trial run in the technology center. The DHA breakthrough from Mead Johnson has since dramatically changed the industry. Analytical scientist shows the DHA test result to Janice Mead Johnson has continued to innovate, as evidenced by the monumental introduction of the Milk Fat Globule Membrane (MFGM). Studies found that MFGM contains nearly 200 special lipids and proteins, which play an important role in the brain development of babies, and has positive impact on both the babies' immune system and intestinal health. The Sensory Lab: Emphasis on infant formula R&D is embedded in Mead Johnson's DNA "Every drop of nutrition in Mead Johnson's formula contains the effort of researchers," Xiaoxiaobao Mama said after she finished visiting the sensory lab. "To be an excellent baby formula brand, you can't ignore the baby's feeding experience." In addition to the nutritional value of the milk powder, sensory feeling is another factor that affects a baby's nutrition intake. To better understand the mystery around a baby's senses, Mead Johnson created a sensory lab. "We make the effort to ensure that our products are consistent for babies in terms of three dimensions: taste, smell and feel," said a Mead Johnson scientist in the sensory lab. "Many people think adults have the same taste preferences as babies. In fact, a fetus has its own taste preferences in utero, which are different from those of adults." Xiaoxiaobao Mama performs a sensory test with a scientist Brand Recognition: Love that can stand the test of time Built on the true story of a father seeking to save his child, Mead Johnson is acutely aware of how valuable each child is to their family. The three influencers expressed their appreciation for the Mead Johnson work after their journey. Xiaoxiaobao Mama - "The needs of babies always come first! When I heard that story that MJN produced a batch of special formula according to an individual baby's needs and saved his life, I know it is not just a slogan at Mead Johnson." Janice - "My baby is a devoted user of Mead Johnson products. This company has withstood the test of time as an enterprise that consistently puts the health and safety of babies as its top priority." Zaozao Wang - "Life is more significant here than profits. It allows more families around the world to not only experience the professionalism of Mead Johnson, but also the love and warmth of the infant nutrition company." View original content to download multimedia:http://www.prnewswire.com/news-releases/three-chinese-key-opinion-leaders-invited-to-broadcast-a-journey-of-nourishing-the-brain-first-at-mead-johnsons-global-rd-center-300750077.html
-
Grunenthal Acquires Averitas Pharma and Establishes Commercial Footprint in the US
AACHEN, Germany and MORRISTOWN, New Jersey, Nov. 14, 2018 /PRNewswire/ -- Grunenthal announced today that it has acquired the US-based pharmaceutical company Averitas Pharma, thereby extending its commercial footprint to the United States. Averitas Pharma will be commercialising the pain patch Qutenza® (8% capsaicin) for Grunenthal in the US. Grunenthal had only recently acquired the remaining global rights, including the US rights, for the product from Acorda Therapeutics. "I am proud to say that we are now establishing our own commercial presence in the world's biggest pharma market, the US, for the first time," says Gabriel Baertschi, Grunenthal's Chief Executive Officer. "This acquisition is another important milestone in executing our growth strategy and expanding our business across multiple pain related therapeutic categories and geographies. Averitas Pharma is a perfect match due to its significant specialty pharma expertise in the US market and experience in different commercial models also beyond the typical 'reach and frequency' approach". Averitas Pharma will be enhancing the commercial distribution model for Qutenza® towards a specialty pharmacy and hub services model that makes it easier for patients to access the product and support health care professionals in prescribing and applying it. "This will help us transitioning and ramping up the Qutenza® US business, bringing the product back on the growth path in the US," explains Gabriel Baertschi. Qutenza® is a local analgesic and an alternative to the current standard of care, as there is still a high unmet medical need in pain management, particularly for non-opioid and non-systemic treatments. In Europe, it is approved for a broad peripheral neuropathic pain indication in adults, e.g. post-surgical neuropathic pain, cancer-related neuropathic pain and painful diabetic peripheral neuropathy. In the US, Qutenza® is currently only approved for the treatment of postherpetic neuralgia (PHN). Averitas Pharma will work towards a broader neuropathic pain label from the US Food & Drug Administration (FDA). Grunenthal continues executing its growth strategy and has been expanding its pain portfolio by a series of acquisitions including European rights to Nexium®, the global (ex US and Japan) rights to Vimovo®, the global rights to Qutenza® and global (ex Japan) rights to Zomig®. The company has signed deals with a total value of more than US$ 1.3 billion since 2016. About Qutenza® Qutenza® (capsaicin) 8% patch is approved in the US for the management of neuropathic pain associated with postherpetic neuralgia. A single, 1-hour, localized treatment with Qutenza® may provide 3 months of relief from post-shingles nerve pain (PHN). In Europe, Qutenza® is approved by the European Medicines Agency for the treatment of peripheral neuropathic pain in adults, including post-surgical neuropathic pain, cancer-related neuropathic pain and painful diabetic peripheral neuropathy, either alone or in combination with other pain medicines. The 8% capsaicin patch delivers a high dose of capsaicin directly to the damaged nerves in the skin that are the source of neuropathic pain. Applied to the area of pain, the capsaicin reduces the spontaneous activity and consequently reduces the neuropathic pain intensity. Important safety information can be found here: http://www.qutenza.com and http://www.ema.europa.eu/documents/product-information/qutenza-epar-product-information_en.pdf About Grunenthal Grunenthal is an entrepreneurial, science-based pharmaceutical company specialized in pain, gout and inflammation. Our ambition is to deliver four to five new products to patients in diseases with high unmet medical need by 2022 and become a 2 bn euros company. We are a fully integrated research & development company with a long track record of bringing innovative pain treatments and state-of-the-art technologies to patients. By sustainably investing in our R&D above the industrial average, we are strongly committed to innovation. Grunenthal is an independent, family-owned company headquartered in Aachen, Germany. We are present in approx. 30 countries with affiliates in Europe, Latin America and the US. Our products are sold in more than 100 countries and approx. 5,200 employees are working for Grunenthal worldwide. In 2017, Grunenthal achieved revenues of approx. 1.3 bn euros. More information: http://www.grunenthal.com Follow us on: LinkedIn: Grunenthal GroupTwitter: @grunenthalgroupInstagram: gruenenthal For further information, please contact:Stepan KracalaHead Global CommunicationsTel.: +49-241-569-1335Stepan.Kracala@grunenthal.comGrunenthal GmbH, 52099 Aachen, Germany Kerstin NackenHead Editorial Management and Media RelationsTel.: +49-241-569-2710Kerstin.Nacken@grunenthal.comGrunenthal GmbH, 52099 Aachen, GermanyRelated Links :http://www.grunenthal.com
-
Thailand Board of Investment's Incentives to Boost Investment in Food Innovations
BANGKOK, Nov. 14, 2018 /PRNewswire/ -- After the Thailand Board of Investment (BOI) announced earlier this year a new policy to offer investment incentives to seven more "Food Innopolis" projects nationwide, Thailand's food industry has embarked on a transformation journey. Thailand Board of Investment (BOI) BOI recently announced to include seven more sites that the Ministry of Science and Technology classifies as Food Innopolis extension projects in the BOI-promoted area, in addition to the existing Food Innopolis initiatives located at the Thailand Food Science Park in Pathum Thani province. The seven more sites are those in Kasetsart University, Chulalongkorn University, Mahidol University, and King Mongkut University of Technology Thonburi in Bangkok, and Chiang Mai University, Khon Kaen University and Prince of Songkhla University in the provinces. Each of these Food Innopolis has different specialization. For example, Food Innopolis in Chiang Mai University is specialized in healthy and functional food, the one in Prince of Songkhla University is specialized in seafood and Halal foods, the one in Kasetsart University is specialized in advanced test, and the one at Chulalongkorn University is specialized in food safety, functional ingredients, and dairy innovation cluster. According to BOI's incentive scheme given to such targeted activities as agricultural and food research and development, biotechnology, animal and plant breeding, and scientific testing services, the incentives range from 5-10 years of corporate income tax exemption depending on the type of business and the level of technological advancement. To make this industry more attractive, BOI has offered addition incentives to top up from normal package. The additional incentives such as 50% corporate income tax holiday for five years or an additional two more years of income tax holiday will also be available. The policy has received warm welcome from the National Science Technology and Innovation Policy Office (STI). Dr. Kitipong Promwong, Secretary General of STI, appreciated the measures, saying it would stimulate more investment in science, technology, and innovation. It will also support the government's policy to transform Thailand into an advanced economy driven by innovations. Food innovation is identified as one of the pillars for bioeconomy, which is a key driver of sustainable development, utilizing Thailand's rich biodiversity and strong base of manufacturing industry. In addition, the global demand for food innovation has been increasing due to changing consumer lifestyle, rising needs for medical foods and functional foods, such as special foods for cancer patients or people with diabetes, organic food for health-conscious persons, and foods for athletes. In response to this trend, research and development (R&D) spending in the private sector has significantly been increasing from 59.44 billion baht in 2015 to 91.0 billion baht in 2016. According to STI, the largest money seeds spent in R&D went into food industry in 2015 and the trend has continued strong. To keep this momentum going, The Thai government has allocated 800-million-baht budget for R&D strategy management project, known as "Spearhead". This project, responsible by STI, encourages the private sector's participation in product development and add value to existing products, with key focus in five products including food, agriculture, biotechnology and medical technology; digital economy and information; logistic system; high-value services and energy. For more information, please contact:Thailand Board of InvestmentEmail: thailandinvestmentyear@gmail.com Tel. +66 (0) 2553 8111Website: www.boi.go.th Photo - https://photos.prnasia.com/prnh/20181114/2299700-1 Related Links :http://www.boi.go.th
-
Infinitus Sponsors China Cup International Regatta 2018
The Generations, Sponsored by Infinitus, Places Fourth in Its DivisionSHENZHEN, China, Nov. 14, 2018 /PRNewswire/ -- The 12th China Cup International Regatta, sponsored for the first time by Infinitus (China) Company. Ltd., was held at Daya Bay, Shenzhen, between November 8 and 12, 2018. The Generations, a sailing team also sponsored by Infinitus (China) and established by a member of the Lee Kum Kee Family, won fourth place in the HKPN Division A. The Generations sets sail at China Cup International Regatta 2018 This year, more than 1,600 seasoned sailors representing some 200 teams from over 30 nations and regions competed in various classes, the most ever for this event. During the five-day competition, sailboats from seven racing divisions competed in four races. The Generations, skippered by Mr. Eddy Lee, a member of the fourth generation of the Lee Kum Kee Family, participated in eight sailing races, including windward/downwind, roundabout /endurance and long-distance. The Generations sets sail at China Cup International Regatta 2018 Mr. Eddy Lee said that regatta is a positive, healthy, exhilarating sport where one is always challenging oneself, with numerous past masters and unpredictability. The Generations went ahead without any hesitation about the challenge despite the ocean's mighty waves and currents, demonstrating Lee Kum Kee and Infinitus' determination in keeping pace with the times and forging ahead in the competitive commercial environment. Participation in such a high-end sporting event was not only a great way to showcase the innovative and enterprising spirit of the brand, but reflective of the corporate spirit "Constant Entrepreneurship", with an emphasis on business sustainability. The Generations sets sail at China Cup International Regatta 2018 Last year, the Generations, with Mr. Eddy Lee at the helm, placed well at the China Cup. This year, the Generations continued to ride the wind and waves and captured fourth place, serving as both an inspiration and impetus to always do better. The crew's performance at the event will encourage Lee Kum Kee and Infinitus to continue to forge ahead amid the fierce competition and adhere to the spirit of constant entrepreneurship, emphasized Mr. Eddy Lee. About Infinitus (China) Company Ltd. (www.infinitus.com.cn) Infinitus (China) Company Ltd., founded in 1992 and headquartered in Guangzhou China, is a member of LKK Health Products Group. The Company focuses on R&D, production, sales and services of Chinese herbal health products. It has set up 30 branches and 30 service centers together with over 7,000 exclusive stores on the Chinese mainland. About China Cup International Regatta (www.chncup.com) The China Cup International Regatta was established in 2007. It has been listed on the World Sailing (formerly ISAF) calendar since 2010, and awarded the Asian Regatta of the Year 5 times. As the first international big boat regatta in Chinese history, the China Cup has evolved as the most influential sailing event across the Asia-Pacific region after 11 years' development. Photo - https://photos.prnasia.com/prnh/20181113/2298052-1-a Photo - https://photos.prnasia.com/prnh/20181113/2298052-1-b Photo - https://photos.prnasia.com/prnh/20181113/2298052-1-c Related Links :http://www.infinitus.com.cn
-
Yum China Leverages In-Store Tech to Enhance Customer Experience
SHANGHAI, Nov. 14, 2018 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC) continues to introduce digitally enabled initiatives at KFC stores in China to enhance the customer experience, drive growth and optimize operational efficiency. Recent initiatives include the introduction of AI-powered self-ordering digital kiosks, a fully automated dessert station and the launch of a future store that integrates the Company's digital technologies to offer customers a more convenient and immersive digital experience. Yum China also announced that it has extended the use of "Smile-to-Pay" facial recognition payment technology to more than 300 KFC stores across the country. Joey Wat, CEO of Yum China, said, "Digital is transforming the restaurant industry and we are excited to test cutting-edge technologies at scale and bring new experiences to our customers. We are using technology to redefine every touch point of the customer journey. With our in-store technology applications, KFC and Pizza Hut Super Apps and partnerships with leading technology partners, we have created a powerful digital ecosystem that offers a seamless experience for our customers whether they are on mobile, online or dining in restaurants. We will continue to explore the latest technologies to create unique dining experiences and offer our customers more convenient and personalized services." AI-powered self-ordering kiosks At Alibaba Cloud's 2018 Computing Conference in Hangzhou in September, KFC and Alibaba jointly announced the launch of an AI-powered self-ordering kiosk offering customers a unique and efficient way of navigating and ordering food from KFC's menu. The self-ordering kiosks also reduce waiting times and improve operational efficiency. Customers interacting with KFC’s AI-powered self-ordering kiosks at Alibaba Cloud’s 2018 Computing Conference in Hangzhou "Smile to Pay" facial recognition payment rolled out to over 300 KFC restaurants Yum China introduced Alipay's "Smile to Pay" facial recognition payment technology at its KPRO by KFC restaurant in Hangzhou in 2017. "Smile to Pay" enables customers to pay for their orders at digital kiosks without having to reach for their wallets, offering a more convenient ordering experience. Following positive customer feedback, the technology has now been rolled out to over 300 KFC restaurants across the country. KFC unveils fully automated dessert station in Suzhou KFC recently launched its first fully automated dessert station in Suzhou, China. After customers scan a QR code and select one of three flavors of ice cream, the robotic arm scoops and serves the ice cream into a cone. Yum China intends to test the automated dessert station at other locations. Dessert is a key growth driver for KFC, and as of September 30, 2018, customers were able to order from over 1,000 KFC dessert kiosks across China. The robotic arm at KFC’s fully automated dessert station in Suzhou KFC launches a future store in Hangzhou KFC also unveiled a new concept in Hangzhou - a future store that provides customers with an immersive dining experience, integrating Yum China's digital technologies across every step of the journey, from self-ordering kiosks to digital and mobile payment solutions. Dedicated staff are also available to assist customers as they engage with the technology embedded at the store. The future store is targeted at young, "New Generation" customers and features an open, transparent store layout. The store also features a dedicated tea and dessert bar, KBAR, which includes an assortment of made-to-order dessert items, as well as fresh juice and specialty tea drinks, catering to increasing appetite for personalized service and menu items. KFC future store in Hangzhou A.I. Town Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. We intend all forward-looking statements to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the fact that they do not relate strictly to historical or current facts and by the use of forward-looking words such as "expect," "expectation," "believe," "anticipate," "may," "could," "intend," "belief," "plan," "estimate," "target," "predict," "project," "likely," "will," "continue," "should," "forecast," "outlook" or similar terminology. These statements are based on current estimates and assumptions made by us in light of our experience and perception of historical trends, current conditions and expected future developments, as well as other factors that we believe are appropriate and reasonable under the circumstances, but there can be no assurance that such estimates and assumptions will prove to be correct. Forward-looking statements are not guarantees of performance and are inherently subject to known and unknown risks and uncertainties that are difficult to predict and could cause our actual results or events to differ materially from those indicated by those statements. We cannot assure you that any of our expectations, estimates or assumptions will be achieved. The forward-looking statements included in this press release are only made as of the date of this press release, and we disclaim any obligation to publicly update any forward-looking statement to reflect subsequent events or circumstances, except as required by law. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. You should consult our filings with the Securities and Exchange Commission (including the information set forth under the captions "Risk Factors" and "Forward-Looking Statements" in our Annual Report on Form 10-K) for additional detail about factors that could affect our financial and other results. About Yum China Holdings, Inc. Yum China Holdings, Inc. is a licensee of Yum! Brands in mainland China. It has exclusive rights in mainland China to KFC, China's leading quick-service restaurant brand, Pizza Hut, the leading casual dining restaurant brand in China, and Taco Bell, a California-based restaurant chain serving innovative Mexican-inspired food. Yum China also owns the Little Sheep and East Dawning concepts outright. The Company had more than 8,300 restaurants in over 1,200 cities at the end of September 2018. For more information, please visit http://www.yumchina.com/en/ View original content to download multimedia:http://www.prnewswire.com/news-releases/yum-china-leverages-in-store-tech-to-enhance-customer-experience-300750038.htmlRelated Links :http://www.yumchina.com/en/
-
Raise Your Glasses -- Try Cocktails Based on Japan's National Alcoholic Spirits: Winning Entries at Shochu & Awamori Cocktail Competition
TOKYO, Nov. 14, 2018 /PRNewswire/ -- The Japan Sake and Shochu Makers Association hosted the first-ever nationwide cocktail competition using "honkaku" (authentic) shochu and awamori, which represent Japan's national alcoholic spirits, on October 17, 2018, at Asakusa View Hotel in Tokyo. A total of 20 cocktails based on honkaku shochu and awamori (a distilled spirit indigenous to Okinawa), both rich in flavor and taste unique to their ingredients, were nominated for the event as they were seen to epitomize traditional Japanese aesthetics. Bartenders selected by the 12 branches of the Hotel Barmen's Association, Japan, gathered from around the country to show their stuff in the competition, which combined a written examination and demonstration of skills. Yumi Miyata survived the gauntlet to win the Grand Prix as well as the Technical Prize with her original cocktail "Hannari (elegant)." "I tried hard to concoct a cocktail that makes the most of shochu. To be rewarded this way makes me feel grateful," Ms. Miyata said. "I guess I am now able to recommend Japan's kokushu (national alcoholic spirits) to people from abroad with much confidence." She reaffirmed her resolve to serve honkaku shochu, awamori and other Japanese spirits to overseas visitors to Japan, who are expected to swell in numbers due to the upcoming Tokyo Olympics. (Image: https://kyodonewsprwire.jp/img/201811070091-O1-4aBmm1TH) Ms. Miyata's original cocktail "Hannari" is a cocktail with a smack of tenderness, with its name derived from the word "hananari (attractive)." It uses liqueur made from herbal elderflower and is spiked with shochu made from highly fragrant Japanese sweet potato to create a soft taste in pale white color blessed with feminine brilliance and quality. You may visit the Japanican booking website to reserve hotels where you can enjoy these cocktails entered in the competition. https://www.japanican.com/en/area/all/cocktail/index.aspx
-
Clarification Of Performance Rights And Option Plan Eligibility
BRISBANE, Australia, Nov. 14, 2018 /PRNewswire/ -- Orocobre Limited (ASX: ORE, TSX: ORL) ("Orocobre" or "the Company") wishes to make the following clarification regarding Resolution 5 in the Replacement Notice of Meeting dated 17 October 2018. Resolution 5 seeks shareholder "Approval of Employee Performance Rights and Option Plan (the Plan)". Under Eligibility the notes to the resolution state that "the board may invite any director, employee...". Whilst the Plan states that this could occur it has been the Board's policy for more than five years that Non-Executive Directors (NEDs) are not offered performance rights nor options. This policy was explicitly stated in prior year Remuneration Reports. In the 2018 Remuneration Report due to a change in format we inadvertently omitted stating that NEDs are not eligible however this has not changed the Board policy that NEDs will not be offered performance rights nor options. A change to the Plan rules reflecting current Board policy will be made and presented to shareholders at the next meeting of shareholders. Andrew Barber Investor Relations Manager Orocobre Limited T: +61 7 3871 3985 M:+61 418 783 701 E: abarber@orocobre.com W: www.orocobre.com.au About Orocobre Limited Orocobre Limited (Orocobre) is a dynamic global lithium carbonate supplier and an established producer of boron. Orocobre is dual listed on the Australia and Toronto Stock Exchanges (ASX: ORE), (TSE: ORL). Orocobre's operations include its Olaroz Lithium Facility in Northern Argentina, Borax Argentina, an established Argentine boron minerals and refined chemicals producer and a 29% interest in Advantage Lithium. For further information, please visit www.orocobre.com Logo - https://mma.prnewswire.com/media/482156/Orocobre_Limited_Logo.jpg Related Links :http://www.orocobre.com
-
Thailand's subscription video industry faces new threat as consumers' viewing habits shift to pirated TV boxes
45% of Thai consumers use pirated TV boxes, survey findsBANGKOK, Nov 14, 2018 - (ACN Newswire) - In a recent study of the content viewing behaviour of Thai consumers, it was revealed that 45% of consumers use a TV box which can be used to stream pirated television and video content. These TV boxes, also known as Illicit Streaming Devices (ISDs), allow users to access hundreds of pirated television channels and video-on-demand content, usually with a low annual fee. TV boxes often come pre-loaded with pirated applications allowing 'plug-and-play' access to pirated content. The survey found that Mango TV, HD Playbox and U Play are among the most popular pirate applications amongst Thai consumers.The survey, commissioned by the Asia Video Industry Association's (AVIA) Coalition Against Piracy (CAP), and conducted by YouGov, also highlights the detrimental effects of streaming piracy on legitimate subscription video services. Of the 45% of consumers who purchased a TV box or dongle for free streaming, more than two in three (69%) stated that they cancelled all or some of their subscription to legal pay TV services. Specifically, 24% asserted that they cancelled their subscriptions to a Thai-based online video service as a direct consequence of owning an ISD. International subscription services, which include pan-Asia online offerings, were impacted the most - nearly one in three (30%) Thai users have abandoned subscriptions in favour of ISD purchases.Cancelling legitimate subscription services and paying less for access to pirated content is fraught with risks, as Neil Gane, the General Manager of AVIA's Coalition Against Piracy (CAP), comments, "The damage that piracy does to the creative industries is without dispute. However, the damage done to consumers themselves, because of the nexus between content piracy and malware, is only beginning to be recognised. Piracy websites and applications typically have a "click happy" user base, and, as such, are being used more and more as clickbait to distribute malware. Unfortunately the appetite for "free" or cheap subscription pirated content blinkers users from the very real risks of malware infection".Of those consumers who own an ISD, about half of respondents (47%) claim to have purchased their ISD from two of the largest Southeast Asia-based ecommerce stores. Close to one-third (31%) of ISD owners say they acquired their devices via one of the world's most popular social media platforms.In addition to the short-term problem of cancelled subscriptions is a longer term problem - namely, many of the people using ISDs are young. The survey found that ISDs are particularly favoured among 18-24 year-olds, with more than three in four (77%) cancelling legitimate subscription services as a result of owning ISDs, especially international online subscriptions (40%).The Department of Intellectual Property (DIP), Ministry of Commerce, who oversees the Copyright Act, commented that "to enhance the efficiency of enforcement action, the DIP has proposed the amendment of the Copyright Act by adding provisions on the manufacture, sale, import, or traffic into the country of devices or any parts or components of a device, for the purpose of circumventing a technological measure. These amendments were approved by the Cabinet on 16 October 2018 and will shortly be presented to the State Council. The amendments are explicitly targeted at the manufacture and distribution of pirated TV boxes. This is a crucial step to address the current piracy problem"."This high rate of piracy is concerning for a number of reasons", says Sompan Charumilinda, Executive Vice Chairman at True Visions. "First is the danger to consumers through the use of malware and spyware embedded in these illicit sites and applications. Second is that supporting these criminal enterprises does real damage to legitimate businesses that are struggling to survive. Third, it also undermines the Thailand 4.0 initiative and the country's aspiration to become counted among the world leaders in the new digital economy by showing Thailand to have made little progress in terms of its acceptance and tacit approval of these criminal networks. Consumers should care about piracy personally because of the harmful effects of malware and spyware, and also because of the damage that it does to our country. As a leading media company in Thailand we are happy to work with the Department of Intellectual Property, CAP and all relevant stakeholders to help continue to educate the public about these dangers."AVIA's Coalition Against Piracy (CAP) includes leading video content creators and distributors in Asia. Members include: beIN Sports, Discovery, The Walt Disney Company, FOX Networks Group, HBO Asia, NBCUniversal, Netflix, Premier League, Turner Asia-Pacific, A&E Networks, Astro, BBC Worldwide, CANAL+, Cignal, La Liga, Media Partners Asia, National Basketball Association, PCCW Media, Singtel, Sony Pictures Television Networks Asia, TVB, True Visions, TV5MONDE, and Viacom International Media Networks.About the Asia Video Industry AssociationThe Asia Video Industry Association (AVIA) is the trade association for the video industry and ecosystem in Asia Pacific. It serves to make the video industry stronger and healthier through promoting the common interests of its members. AVIA is the interlocutor for the industry with governments across the region, leads the fight against video piracy and provides insight into the video industry through reports and conferences aimed to support a vibrant video industry. AVIA evolved from Casbaa in 2018.Media Contacts:Kay BaylissManager, Marketing & CommunicationsE: pr@asiavia.orgT: +852 2854 9913 Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com
-
Are Southeast Asia's Retailers and Brands Customer #Ready?
SEA's leading retailers, investors and retail tech leaders will meet at #Ready2018 to discuss the future of retail commerce and SE Asia's readiness for disruptionSINGAPORE, Nov 13, 2018 - (ACN Newswire) - Retail and digital experts, investors, tech experts and 200 CXOs from some of the biggest brands will come together on 21 Nov at Marina Bay Sands, aiming to empower business leaders with the latest business and consumer strategies and uncover how technology is fundamentally transforming the e-commerce, startup and retail ecosystem in Southeast Asia (SEA). With APAC's 2 billion-strong internet users growing by 8% annually, the region's digital economy is projected to top US$1.12 trillion by 2021. Maya Hari, VP Asia Pacific for Twitter and #ready2018 keynote, will speak on the preferences of the Millennial consumer who would make up most of these users. Recognising the trends, experts will share views on the impact of an evolving connected environment on businesses and suggest ways in which brands can become consumer ready."As consumers, businesses and governments continually adapt to a digital world, the desire for tech-enabled solutions that improve traditional transaction methods, online business and financial services is proliferating," said Aneesh Reddy, Co-Founder and CEO of Capillary Technologies. "At #ready2018, we bring together speakers who have not only thrived in digital transformation but are also driving this change from the front. They are passionate about not just growth, but about building a better, easier, more vibrant future."Best-selling author and global investor, Dr. Jeffrey Towson from Peking University will present on new developments for China's retail and e-commerce ecosystem, and the implications for businesses beyond its borders. Attendees will have the opportunity to attend a uniquely curated Masterclass on digital CRM and loyalty, led by Ganesh Lakshminarayanan, COO of Capillary Technologies. Ganesh will be sharing Capillary's experience working with 400 global retail brands to create an omnichannel strategy for ROI and profitability."Digital is impacting brands in many different ways and the pace of change is accelerating", said Rajan Anandan, VP India & SEA, Google. "I am looking forward to the discussions on how brands and retailers can shape the next phase of digital transformation."Fellow speaker, Johan Vrancken, Managing Director at Nielsen Singapore added, "The speaker line-up will bring expertise and perspectives on digital disruption, as well as emerging topics around blockchain for business and digital loyalty for consumers among others. We are honoured and excited to have the brightest minds join us for a day knowledge-sharing, learning and engaging discussions in inspiring the businesses to take effective action." The drive to enable consumer readiness among business is shared by technology partners, Mindtree, SpurTree and Cloudcherry who would add value to the event with innovative showcases, sessions and masterclasses.Conor McNamara, APAC Head of Business Development, Amazon Web Services would also be addressing the crowd with a session on Digital Transformation in Retail.Other engaging points for discussion include integration of emerging technologies like blockchain into business and whether it's just a buzzword or a disruption. The event would witness a panel discussion from experts on the latest trends and opportunities for businesses in an increasing volatile and uncertain ecosystem.Information on #ready2018 -Speakers and topics, please visit: https://www.readyevent.co/speakersSession agenda, please visit: https://www.readyevent.co/agendaTo attend #ready2018, please visit: https://www.readyevent.co/ticketsAbout Capillary TechnologiesCapillary's technology solutions help businesses get ahead of the digital evolution and stay 'Always Consumer Ready'. Over 400 marquee brands across 30+ countries, including Pizza Hut, VF Brands, Walmart, Al-Futtaim, KFC, Starbucks, Madura Garments, Courts and Samsung, trust Capillary to enable easy and seamless consumer experiences. With over 300 million consumers and 35,000 stores on the platform, Capillary is Asia's leading SaaS product company. Over 800 Capillary associates across 14 global offices are continually innovating to find new ways for brands to make their consumers' lives easier, and experiences memorable. Explore more at https://www.capillarytech.com/Press release (PDF): http://www.acnnewswire.com/clientreports/598/capillary_181113.pdf Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com
-
Shandong province-based companies seek new business opportunities at China International Import Expo
SHANGHAI, Nov. 14, 2018 /PRNewswire/ -- Shandong province-based organizations, in a delegation led by the provincial government, attended the inaugural China International Import Expo (CIIE), held in Shanghai from November 5 to November 10. At the event, they engaged in discussions with other attendees about how to best facilitate the province's economic growth through the platform. During the expo, several exhibitors from the province said they were confident that the event would help them reduce sourcing costs and streamline the import process. Shandong province, known for its many thriving industries, consumes a large amount of raw materials annually. As a result, local companies find themselves in urgent need of streamlining the import process and reducing purchasing costs. Shandong Shilixiang Sesame Products Co., Ltd., for example, imports over 5,000 tons of sesame annually, which had, until now, been purchased from middle-man agents. The expo connected the company with suppliers in the African countries where the plant originates, eliminating the need to have any entity acting as a go-between and cutting the procurement costs by 5 percent or 1.5 million yuan (approx. US$215,000) per year. Weihai Runze Food Co., Ltd. had to travel to Brazil, Chile and other countries across the Americas to secure its supply of goods. Through the easy-to-navigate platform designed for importers by CIIE, the company signed 100 million yuan (approx. US$14 million) in procurement agreements with beef suppliers from Brazil and Argentina, without the need to send staff to the countries in question. An executive at the food firm said the company's imports in 2019 may double from this year. Linyi Youyou Wood Industry Co., Ltd., a company primarily engaged in the export of wood flooring, is currently in need of upgrading its products. The company attended the event with the intention of purchasing industrial production equipment with a budget ranging between 100 and 200 million yuan (US$14 to 29 million) as part of its long-range plan to build automated and intelligent product lines. Taishan Tourism Group Co., Ltd. attended the event with the aim of enriching its tourism resources and offerings in and around Mount Tai by studying the latest techniques deployed by foreign travel agencies and performance arts companies. After watching the demonstrations of the application scenarios for intelligent devices and instruments, a representative from Longkou Bosida Instruments and Apparatuses said the showcasing of advanced technologies developed in foreign countries at the event inspired the company to seek new opportunities with an open mind. Shandong province-based companies attending the expo expressed their interest in introducing more leading technologies and products into the domestic market. They believe CIIE will provide the most forward-looking among local firms an opportunity to expand globally and cooperate with international companies, helping boost the economic and social development of the province. View original content:http://www.prnewswire.com/news-releases/shandong-province-based-companies-seek-new-business-opportunities-at-china-international-import-expo-300749970.html
-
RateX: The First in S.E.A to Help Shoppers and Travellers Find, Try and Apply All Promo Codes Within 5 Seconds
New product focus will fuel Rate's ambitions to scale regionally across SEA SINGAPORE, Nov. 14, 2018 /PRNewswire/ -- Singapore-based fintech startup Rate recently announced an enhancement to their flagship browser extension RateX: a feature to automatically apply relevant promo codes on behalf of e-commerce shoppers and travellers during checkout. The current search process for online shopping promo and discount codes is extremely disjointed, leading to a poor user experience. Shoppers scour through multiple websites for codes manually before proceeding with applying them individually - with no guarantee of the codes actually working. "RateX's mission has always been focused on providing shoppers with the best shopping experience, be it through offering lower FX rates for overseas payments or through finding relevant promo codes at checkout," Mr. Jake Goh, CEO of Rate said. "In the past year, we have noticed a huge uptake in shoppers saving money through our promo code discovery feature." RateX wants to automate the current manual process of finding online promo discounts codes to help shoppers and travellers. During checkout, shoppers simply click on a single "Auto-Apply" button on RateX's browser extension at supported merchant sites. This will in turn trigger the product's algorithms to comb through all available codes, thereafter applying the one with the most savings - a simple one-click process that takes less than 5 seconds. In the past year since announcing a funding round of US$2.3M, RateX has grown to support a large array of e-commerce marketplace merchants, including Lazada, eBay, Shopee and Taobao. They have also expanded into other verticals such as travel, supporting popular travel sites such as Expedia, Agoda, Scoot, Klook and Kkday. Till date, RateX has helped consumers seamlessly save over S$500,000 while shopping online. The startup does not charge any fees at all to its customers, taking its share of revenue directly from affiliate networks and merchants. RateX is currently available as a desktop browser extension for Singaporean shoppers, with plans for an expansion into mobile, and new markets within the SEA region, in the works. "Finding successful promo codes delights all users; that also tends to better convert them from browsers into buyers," Jake commented. "With ecommerce across Southeast Asia growing 40% year-on-year, we are committed to extend and expand our suite of services to benefit all consumers within the region." About Rate Rate is a fintech company that offers the lowest exchange rates, and promo codes for online commerce. It wants to provide a shopping tool that adds value at all stages of the online shopping experience: from deal discovery to checkout. Rate believes in democratising access to the digital economy, be it through consumer technology or asset tokenization with blockchain technologies. For more information, please visit www.rate.com.sg. Photo - https://photos.prnasia.com/prnh/20181114/2299679-1 Logo - https://photos.prnasia.com/prnh/20181114/2299679-1LOGORelated Links :http://www.rate.com.sg
