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AVIA RELEASES INDONESIA STUDY ON THE UNTAPPED OPPORTUNITY OF PREMIUM OTT SERVICES FOR ADVERTISERS
The Asia Video Industry Association (AVIA) has released a study to understand the usage of different video services in Indonesia and consumer attitudes towards them. The study looked at video across social media, user-generated content (UGC), linear TV, messaging services and premium OTT. This is a follow-up to its study on Premium OTT – Building its Rightful Place in the Digital Market, which was first released in September 2022 and focused on the Singapore market. Amongst Indonesian consumers, premium OTT is viewed as having the highest quality content. 75% of users of premium OTT services (such as Netflix, Vidio, Viu and WeTV) said it offered the best quality content, higher than users of any other category of video. Of all 24 video platforms studied, five of the top seven services ranked as offering the highest quality content were premium OTT. Usage of premium OTT is also associated with the most positive emotions. When asked about feelings after watching an hour of different types of content, TV series and movies significantly outscored user-generate content and social media in eliciting happiness and amusement. While premium OTT is still at an earlier stage of development in Indonesia than free UGC and social media services like YouTube and TikTok, it is clear that those who use premium OTT value it more. When asked what video services they would first be prepared to forego, only one in the top ten services was premium OTT, and the top 4 were all social media or UGC services. “We believe the power and opportunity of premium OTT is hugely significant and offers a real and relatively untapped opportunity for advertisers in Indonesia. The proven quality of the environment, the stickiness of the content and the positive emotions created by it are critical for advertisers, and this study clearly demonstrates that. Given the dominance and high penetration of UGC and social media video services in Indonesia, the fact that this smaller but growing category of premium OTT performed so well in these categories is quite remarkable. We believe advertisers need to sit up and take note,” said Louis Boswell, CEO, AVIA. The full Indonesia study research deck and methodology can be found here. https://avia.org/wp-content/uploads/2023/10/Premium-OTT-%E2%80%93-Building-its-Rightful-Place-Indonesia-Study.pdf This study continues to build on a regional research project started with a two part study conducted in Singapore in 2022 and 2023. AVIA thanks its members Magnite, PubMatic and The Trade Desk for supporting the Indonesia research.
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Herbalife's Asia Pacific Simply Recycle Challenge Results in Over 744,000 Product Canisters Submitted for Recycling
- Plus 14,679 Trees Will be Planted to Support a Thriving Planet HONG KONG, Oct. 4, 2023 /PRNewswire/ -- The global premier health and wellness company, Herbalife, today announced the results of its second Simply Recycle Challenge in Asia Pacific, a regional initiative that motivated its Independent Distributors to submit used Herbalife product canisters for recycling. Held from April to September this year, the Challenge inspired 1,500 Herbalife distributors and Nutrition Club owners in 14 markets spanning the Asia Pacific region to submit 744,654 product canisters, which will in turn lead to 14,679 trees being planted to reduce the effects of climate change. First launched last year, Herbalife's Simply Recycle Challenge covers markets in Australia, Cambodia, Hong Kong, Indonesia, Japan, Macau, Malaysia, New Zealand, Singapore, South Korea, Taiwan, Thailand, the Philippines and Vietnam. The regional Challenge sees a total of 1,456,654 canisters being submitted for recycling in 2022 and this year. "The Challenge is an important part of our Go Green initiative in Asia Pacific, demonstrating our continued commitment to environmental sustainability," said Stephen Conchie, Regional President, Herbalife Asia Pacific and China. "I'm delighted that it resulted in more canisters being submitted than last year. Together with our distributors, we are making positive impacts that not only help improve the health and well-being of people in our communities, but also build a healthy planet for a sustainable future." For this year's Challenge, Herbalife has again partnered with non-profit organization One Tree Planted, which will plant one tree for every 50 canisters recycled by participants. According to One Tree Planted, a tree on average absorbs about 10 kilograms of carbon dioxide per year for the first 20 years. Hence, as 14,679 trees will be planted, this year's Challenge can contribute to an estimated 146 tonnes of carbon dioxide being sequestered from the atmosphere each year for the next 20 years – equivalent to 21.5 around-the-world trips of carbon footprint generated by a diesel car. The Simply Recycle Challenge is helping drive Herbalife's ongoing efforts to support recycling. Additionally, Herbalife has implemented initiatives at its facilities, as well as sales and distribution centers in more than 30 markets around the world, to incentivize recycling of Company product packaging and educate customers about recycling and waste reduction. In 2021 and 2022, these local programs resulted in 5,475 metric tons of materials recycled. For more information on Herbalife's sustainability efforts, please view the company's Global Sustainability Report. About Herbalife Ltd. Herbalife (NYSE: HLF) is a premier health and wellness company and community that has been changing people's lives with great nutrition products and a business opportunity for its independent distributors since 1980. The Company offers science-backed products to consumers in more than 90 markets through entrepreneurial distributors who provide one-on-one coaching and a supportive community that inspires their customers to embrace a healthier, more active lifestyle in order to live their best life. About One Tree Planted One Tree Planted is a 501(c)(3) nonprofit that is on a mission to make it simple for anyone to help the environment by planting trees. Their projects span the globe and are done in partnership with local communities and environmental organizations to create an impact for nature, people, and wildlife. Learn more at onetreeplanted.org.
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Hong Leong Bank, Hong Leong Islamic Bank and Cagamas Berhad Conclude RM300 Million Green Assets Transaction
Inaugural Issuances of ASEAN Green Bond/Green SRI Sukuk Made for Green Housing Loans and Financing KUALA LUMPUR, Malaysia, Oct. 4, 2023 /PRNewswire/ -- Hong Leong Bank, Hong Leong Islamic Bank ("HLB" or the "Bank") and Cagamas Berhad ("Cagamas"), the National Mortgage Corporation of Malaysia, today announced the successful conclusion of HLB's green housing loans and financing (green assets) transaction worth a total of RM300 million. The transaction was funded by the issuance of Cagamas' one-year ASEAN Green Bond worth RM210 million and one-year ASEAN Green SRI Sukuk worth RM90 million (collectively, ASEAN Green MTNs) under Cagamas' RM60 billion Conventional/Islamic Medium Term Notes programme. The issuances of the ASEAN Green MTNs by Cagamas are Malaysia's first corporate issuances relating to green housing loans and financing. The conclusion of RM300 million green assets transaction signify HLB's and Cagamas joint commitment to support the growth of green housing and transition to a low-carbon economy The green housing assets comprise of green residential properties and buildings utilising GreenRE[1] and Green Building Index (GBI)[2] certifications as their qualifying eligibility criteria. This demonstrates Cagamas' and HLB's joint commitment to support not only the growth of green housing, but also the broader objective to transition to a low-carbon economy. Previously, Cagamas had collaborated with HLB to issue an ASEAN Sustainability Bond to fund the purchase of affordable housing loans in 2021. According to Kevin Lam, Group Managing Director and Chief Executive Officer of HLB, the green assets transaction not only reinforces the Bank's leading role in sustainable finance but also underscores its commitment to delivering value to customers, shareholders and the environment. "We are currently witnessing a fundamental transformation in the way businesses operate where profitability must now align with the preservation of our environment. The increasing demand for green asset financing highlights the urgency of addressing climate impact and sustainability concerns. It also reflects a growing awareness that sustainable business practices are not just the right thing to do but also essential for long-term economic viability and environmental stewardship. We are pleased to work with Cagamas on our maiden green assets transaction and we look forward to expanding our collaboration to other types of financing," said Lam. Kameel Abdul Halim, President/Chief Executive Officer of Cagamas Berhad said, "We are extremely pleased that our collaboration with HLB has resulted in our inaugural issuances of the ASEAN Green Bond and ASEAN Green SRI Sukuk to fund the purchase of eligible green assets. The purchase of these green assets not only contributes positively to our environment but also fortifies our essential role in the facilitation of liquidity within a developing green capital market. This practical step underlines our continued efforts as an intermediary in the secondary market, helping to support industry-led green initiatives to achieve their sustainability agenda. In collaborating with HLB, we are making a tangible contribution towards building climate resilience within the Malaysian financial sector while seamlessly executing our core mission." To date, Cagamas has cumulatively issued RM2.9 billion worth of sustainability-related bonds and Sukuk under its RM60 billion Conventional/Islamic Medium Term Notes programme. Proceeds were channelled in accordance with the Cagamas Sustainability Bond/Sukuk Framework, which is aligned to internationally-recognised market principles, standards and best practices, to support the growth of Malaysia's social and green finance market. "As we mark this significant milestone, we hope to broaden our involvement in the green bond/Sukuk market and anticipate a sustained momentum to pave the way for a more impactful and continued supply of green bond/Sukuk issuances. We look forward to similar industry collaborations, which are aligned to Cagamas' sustainability agenda, to enhance accessibility to affordable green homes and strengthen the green finance ecosystem,'' added Kameel. 1 The GreenRE Certification (https://www.greenre.org/faq) is the "leading green building certification tool developed by the industry for the industry in Malaysia", focusing on energy efficiency, water efficiency, carbon emission, environmental protection, indoor environmental quality and other green features. 2 The Green Building Index (GBI) (https://www.greenbuildingindex.org/) is "Malaysia's industry recognised green rating tool for buildings to promote sustainability in the built environment", providing opportunities for developers and building owners to design sustainable buildings that reduce our impact on the environment
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UOB sets up Sustainability Advisory Panel with appointment of sustainability and industry experts
SINGAPORE, Oct. 4, 2023 /PRNewswire/ -- UOB has set up a Sustainability Advisory Panel comprising sustainability and industry experts to independently advise the Bank's Board and Management on its sustainability strategy, targets and initiatives. The Panel will also assist the Board and Management in fulfilling their oversight responsibilities as the Bank executes its sustainability and net zero agenda. In consideration of the Bank's sustainability strategy, regional and sectoral focus, UOB has appointed three members to its first Sustainability Advisory Panel for a one-year term starting 1 October 2023. The members appointed to the Panel are Ms Neo Gim Huay, Managing Director, Centre for Nature and Climate at the World Economic Forum, Mr Yoon Young Kim (Yoon Kim), Cluster President for Singapore, Malaysia and Brunei at Schneider Electric, and Mr Mark Gainsborough, Chairman of Seatrium. [Please see Annex for profiles.] All three members are experts in their own fields of climate science, sustainability in Southeast Asia and in the wider industrial economy, particularly in energy transition. These areas are aligned with the Bank's commitment to net zero and support of a just transition that advances socioeconomic development in tandem with decarbonisation in the region[1]. The Panel will work closely with UOB's Corporate Sustainability Office, and advise the Bank's Board and Management on a range of matters including: sustainability and industry trends relevant to the Bank and the region; UOB's sustainability strategy, targets and initiatives; and management of environmental, social and governance-related risks and opportunities. Mr Wee Ee Cheong, Deputy Chairman and Chief Executive Officer, UOB, said, "Sustainability is a critical global issue that requires urgent attention and action. UOB wants to create impact that is positive and meaningful, and to do right by our stakeholders. We are pleased to have Gim Huay, Yoon Kim and Mark join us on the Sustainability Advisory Panel to provide global perspectives and regional expertise as we continue to support businesses, individuals and communities towards a sustainable future." Ms Neo Gim Huay, Managing Director, Centre for Nature and Climate at the World Economic Forum, said, "It is a privilege for me to join UOB in charting its sustainability journey to bridge the worlds of finance and environmental stewardship. I look forward to actively contributing to UOB's efforts to shape banking as a force for positive change in building a more sustainable and resilient future together." Mr Yoon Young Kim, Cluster President for Singapore, Malaysia and Brunei at Schneider Electric, said, "UOB has been a long-time partner of Schneider Electric and we value this relationship greatly. Being at the forefront in the world of energy management, I hope Schneider Electric and UOB will continue to fuse innovation and sustainability, as we collaborate to drive a new energy transition for Southeast Asia." Mr Mark Gainsborough, Chairman at Seatrium, said, "I am pleased to take on this role on UOB's first Sustainability Advisory Panel. As UOB continues to further its sustainability agenda, I hope the knowledge exchange will enable the Bank to gain deeper insights into the intricacies of Singapore's and the region's energy landscape, and support more companies in the real economy in their transition efforts." [1] Please refer to https://www.uobgroup.com/sustainability/sustainable-banking/net-zero-commitment.page for more information on UOB's net zero commitment. About UOBUOB is a leading bank in Asia. Operating through its head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, UOB has a global network of around 500 offices in 19 countries and territories in Asia Pacific, Europe and North America. Since its incorporation in 1935, UOB has grown organically and through a series of strategic acquisitions. Today, UOB is rated among the world's top banks: Aa1 by Moody's Investors Service and AA- by both S&P Global Ratings and Fitch Ratings. For nearly nine decades, UOB has adopted a customer-centric approach to create long-term value by staying relevant through its enterprising spirit and doing right by its customers. UOB is focused on building the future of ASEAN – for the people and businesses within, and connecting with, ASEAN. The Bank connects businesses to opportunities in the region with its unparalleled regional footprint and leverages data and insights to innovate and create personalised banking experiences and solutions catering to each customer's unique needs and evolving preferences. UOB is also committed to forging a sustainable future through working with its stakeholders to create positive environmental impact, fostering social inclusiveness and pursuing economic progress. UOB believes in being a responsible financial services provider and is steadfast in its support of art, social development of children and education, doing right by its communities and stakeholders. Annex Profiles of the UOB Sustainability Advisory Panel Members Neo Gim HuayMs Neo is the Managing Director of the Centre for Nature and Climate at the World Economic Forum (WEF) and a member of their Managing Board. Her work at WEF brings together public and private sectors and civil society from around the world to collaborate on ways to accelerate climate action and environmental sustainability. Prior to WEF, she was the first Managing Director for Sustainability and Climate Change Strategy at Temasek, where she built and drove the sustainability strategy and initiatives across the investment portfolio and the broader Temasek ecosystem. She holds a Master of Business Administration from Stanford University, USA, as well as a Master of Mechanical Engineering and Bachelor of Arts from Cambridge University. Yoon Young Kim (Yoon Kim)Mr Kim is Cluster President for Singapore, Malaysia and Brunei at Schneider Electric, fronting and elevating the company's sustainability engagements in Singapore and the region. He is well-versed in the latest developments in energy management and power distribution, and how they can enable the green transition. Prior to Schneider Electric, he held various roles at Philips Lighting and Philips Automotive across Singapore, Brazil, Korea and USA. He is currently contributing as a board member at the French Chamber of Commerce in Singapore and NaviX Solutions, a joint start-up between Singapore's Economic Development Board and Schneider Electric. Yoon Kim is culturally versatile and speaks fluent English, Korean, Portuguese and Spanish. He holds a Master of Business Administration from Fundacao Getulio Vargas, Brazil, Master in Finance from WHU – Otto Beisheim School of Management, Germany,, as well as a Bachelor's degree in Business Administration & Management from Pontificia Universidade Catolica de Sao Paulo, Brazil. Mark GainsboroughMr Gainsborough is the Chairman of Seatrium and Chairman and Co-founder of Low Carbon Advisors, a Singapore-based advisory business to help boards and CEOs develop credible plans to transition to a lower carbon economy. He is one of the most experienced global business leaders working in the field of energy transition and sustainable development. He is deeply involved in moving the world to net zero carbon emissions by 2050 through a combination of board roles, advisory work and angel investing in new low carbon technologies and business models. He previously spent nearly four decades with Shell, playing an important role in developing Shell's carbon intensity reduction targets and policies to reduce the environmental impact of its refining operations and the production of more sustainable fuels and lubricants. His last role in Shell was as the leader of its New Energies business, building new positions for Shell in Onshore and Offshore renewables, energy storage, B2B and B2C power, low carbon hydrogen, biofuels and nature-based solutions. In addition to chairing two companies, he serves on the boards of a major renewable power company in India, a plastics recycling business in North America and a leading developer of mini-grids in India and Africa. He holds a Master of Arts (Hons) in Environment, Society & Policy from The Open University, UK, and a Bachelor of Science in Psychology (Hons) from the University College, London, UK. He is a fellow of The Energy Institute.
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Veefin Solutions Ltd., Tagit announce strategic partnership to transform corporate banking and supply chain financing
SINGAPORE, Oct. 4, 2023 /PRNewswire/ -- Veefin Solutions Ltd., a global leader in Supply Chain Finance solutions, and Singapore based Tagit, a leading digital banking solutions provider has announced a strategic partnership. Under the alliance, Tagit and Veefin will combine their industry-leading technologies to develop cutting-edge solutions that cater to the evolving needs of corporate clients and supply chain stakeholders. This partnership seeks to accelerate digital transformation, streamline financial processes, and optimize working capital management for SMEs and corporate customers of banks. Raja Debnath, Managing Director, Veefin Solutions Ltd. said, "Our partnership with Tagit will enable us to offer banks with state-of-the-art digital lending solutions. With both platforms combined, we will now be able to offer an end-to-end solution that will allow banks and financial institutions to manage their digital lending and banking needs seamlessly." Sandeep Bagaria, CEO, Tagit said, "Tagit is dedicated to delivering a comprehensive range of solutions to empower banks in serving their corporate clientele. The partnership between Tagit and Veefin represents a significant step in expanding Tagit's portfolio of offerings available to our valued clients." Key benefits of the partnership include: Digitization and Automation: By leveraging cutting-edge technologies, the partnership will drive digitization and automation of financial processes, leading to increased operational efficiency and reduced administrative burden for businesses. Working Capital Optimization: Businesses will gain access to innovative working capital management tools, allowing them to optimize cash flow, unlock liquidity, and improve financial stability. Global Reach and Expansion: The combined global presence will open new markets and enable banks around the world to benefit from state-of-the-art financial solutions. Enhanced Risk Management Capabilities: By leveraging the expertise of both companies, banks will be better equipped to assess credit risks, monitor supply chain transactions, and make more informed lending decisions, ultimately reducing potential financial risks. Seamless Integration and Scalability: The joint solutions will be designed to seamlessly integrate with existing banking systems and processes, ensuring a smooth transition for banks as they adopt the new technologies. Moreover, the solutions will be scalable, allowing banks to expand their offerings and cater to a growing customer base without significant infrastructure overhauls. For more information, please visit: https://www.veefin.com/
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Disrupting Singapore's Insurance Landscape: "Find Your Agent" Launches Transparency-led Directory & Reviews Platform
SINGAPORE, Oct. 4, 2023 /PRNewswire/ -- "Find Your Agent," a web-based platform poised to reshape how consumers find and choose financial advisors through providing unparalleled transparency, choice and accessibility. The platform's unveiling comes at a time when the insurance sector grapples with long-standing issues, including dishonest acts, cold-calls and pushy sales tactics, causing deterrence behaviors amongst consumers towards financial protection. "Find Your Agent" emerges as a disruptive force, paving way for consumer acceptance by fostering trust in a neutral and informed insurance landscape. "Find Your Agent" is a free-to-use platform housing an independent directory of licensed financial advisors which provides consumers with choice and accessibility to find and connect with a financial advisor that aligns with their specific needs and values. Coupled with the ability for registered customers to leave unmoderated reviews and ratings, "Find Your Agent" offers a transparent platform for consumers to get a balanced perspective when evaluating a financial advisor, and encourages financial advisors to uphold service levels. The neutral nature of the platform also equips financial advisors to reach a bigger pool of customers, especially those who shun aggressive sales tactics. Wang Ying Jie, Founder and CEO of "Find Your Agent" said, "Our vision is a future where consumers feel safe to proactively seek and accept advice from a licensed financial advisor due to the transparency, accessibility and choice that "Find Your Agent" provides." "As "Find Your Agent" makes its debut, consumers can now access the directory, read authentic customer reviews and connect with licensed financial advisors dedicated to your financial well-being." Licensed financial advisors are also encouraged to list their profile on "Find Your Agent" and strive towards bridging the protection gap in a sustainable manner. About Find Your Agent: Find Your Agent is Singapore's 1st independent financial advisors directory and reviews platform, transforming the Singaporean insurance landscape by championing transparency, choice and accessibility. With its unbiased network of licensed financial advisors helming authentic reviews, Find Your Agent empowers consumers to make educated and informed insurance decisions to better their financial futures. For more information, please visit: www.findyouragent.co
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Fisher Investments Australia Reviews its 2023 Equities Manager of the Year Award
MoneyAge recognised Fisher Investments with its Wealth & Asset Management Award LONDON, Oct. 4, 2023 /PRNewswire/ -- Fisher Investments Australia® reviews the 2023 Equities Manager of the Year award earned by Fisher Investments and its affiliates. The recognition by MoneyAge is part of its fifth annual Wealth & Asset Management Awards. This is the first time Fisher Investments is named Equities Manager of the Year and follows a 2022 award for Active Manager of the Year. "We're honoured to be named a top wealth manager," said Fisher Investments' CEO Damian Ornani. "This award demonstrates our ongoing dedication to creating successful investment strategies to help private and institutional clients achieve their financial objectives." MoneyAge chose winners based on recommendations from an independent panel of expert judges from within the sector considering factors including customer service and effective portfolio management. As Fisher Investments Australia reviews, the Wealth & Asset Management Awards celebrate success and innovation in the wealth and asset management industry. "We're very proud to be recognised for this award," said Carrianne Coffey, Fisher Investments' Senior Executive Vice President of the International Private Client Group. "This independent award reflects our unrelenting commitment to be one of the world's preeminent wealth managers." To learn more about Fisher Investments Australia review, https://www.fisherinvestments.com/en-au Fisher Investments Australia® Reviewed Fisher Investments Australia® is a trademark of Fisher Investments Australasia Pty Ltd (ABN 86 159 670 667, AFSL 433312), which provides services to wholesale clients only and outsources portfolio management to its parent company, Fisher Asset Management, LLC (AR 001292046), which does business in the United States as Fisher Investments. Fisher Investments Australasia Pty Ltd was established in 2013 and is based in Sydney. For more information on Fisher Investments Australia, please visit https://www.fisherinvestments.com/en-au. Fisher Investments Reviewed Fisher Investments is an independent, fee-only investment adviser. As of 30/06/2023, Fisher Investments and its subsidiaries manage over A$318 billion in assets globally—over A$260 billion for private investors, A$52 billion for institutional investors and A$4 billion for US small to mid-sized business retirement plans. Fisher Investments maintains four principal business groups: US Private Client, Institutional, Private Client International and 401(k) Solutions—serving a global diverse investor clientele. Strategies may vary by jurisdiction. Founder and Executive Chairman Ken Fisher wrote the Forbes "Portfolio Strategy" column for 32 ½ years until 2017, making him the longest continuously running columnist in its history. He now writes monthly for the New York Post. Ken's columns, varying by country, have run regularly in major media globally, spanning more countries and more volume than any other columnist of any type in history. Ken has appeared regularly on major TV news like Fox Business and News and CNN International. Ken has written 11 investing and finance books, including four New York Times bestsellers. For more information on Fisher Investments, please visit www.fisherinvestments.com. Assets under management figures are presented in Australian dollars. Media Contacts Logo - https://mma.prnasia.com/media2/1523552/4314341/Fisher_Investments_Australia_Logo.jpg?p=medium600
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HABANOS, S.A. PRESENTED IN CURAÇAO THE NEW VITOLA VEGUEROS CENTROGORDOS AT THE CARIBBEAN HABANOS DAYS
The new vitola was unveiled by Caribbean Cigars Corporation N.V., exclusive distributor of Habanos, S.A. for Curaçao, the Caribbean and Central America, to more than 150 delighted guests during the Caribbean Habanos Days. Vegueros CentroGordos (54 ring gauge x 100mm length) will be on sale exclusively in all Habanos stores around the world. LA HABANA, Cuba, Oct. 4, 2023 /PRNewswire/ -- Habanos, S.A., along with its exclusive distributor for Curaçao, the Caribbean and Central America, Caribbean Cigars Corporation N.V., presented a new vitola of the renowned Vegueros brand, CentroGordos, in the city of Willemstad. In a memorable weekend full of activities, the third edition of the Caribbean Habanos Day was held at the Kontiki Hotel. More than 150 lucky attendees, including area dealers, retailers, and aficionados from around 10 countries in Central America and the Caribbean, were able to enjoy this new vitola in a world premiere. In addition to tasting the Vegueros CentroGordos and Bolívar Gold Medal vitolas paired with exclusive rums, they were able to enjoy competitions, exclusive presentations, the humidor auction, and all this with the best Cuban music. Habanos, S.A. // Vegueros CentroGordos During the first day, attendees were able to participate in different conferences, exquisite pairings of Vegueros with the best rums of the Caribbean and enjoy a spectacular walk along the coasts of Curaçao. To conclude, a cocktail reception and welcome, with the best gastronomic offerings, provided the perfect ambiance for a memorable evening. The activities continued the following day, when guests were able to take part in the Longest Ash Contest, in which participant Don Bakhuis from Curaçao was the winner, and also enjoyed a special smoking and pairing with the Bolivar Gold Medal vitola and Varadero 15-year rum. The event closed on a golden note with a party under the title La Gran Noche accompanied by a delicious dinner and music from the island, during which attendees witnessed the humidor auction, where the auction of the Humidor Vegueros with 216 Habanos raised US $20,000 that will be donated to the Cuban Public Health system. Vegueros CentroGordos is a product that can be found in all Habanos stores around the world. This new thick ring gauge vitola will make aficionados be amazed by this special Habanos that comes to renew and enrich the Vegueros brand with an innovative format. It will be presented in a metal can of 16 Habanos that have been made "Totally Handmade with Long Filler" after a careful selection of the wrapper, filler, and binder leaves from the Vuelta Abajo* plantations, where the world's best tobacco is produced, in Pinar del Rio* region, Cuba*. This new vitola joins the portfolio of the Vegueros brand, which was born to pay tribute to all Cuban farmers who, from generation to generation, have grown tobacco in Pinar del Río*, with a new trendy format that will be highly appreciated by today's smokers. The CentroGordos vitola, with a 54-ring gauge x 100 mm in length, comes to the market with a fresh image and a new format that will make it accessible to a wider spectrum of smokers. Habanos lovers who like medium-strength cigars will be able to find the new Vegueros CentroGordos vitola after its launch at the different official points of sale in the more than 140 countries where Habanos, S.A., distributes its products. Vegueros CentroGordos Market name: CentroGordosFactory name: Centro GordoMeasures: 54 ring gauge x 100 mm length To download video and images of the product in high resolution click here. (P.A.O.) * Protected Appellations of Origin
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Zoku Announces the Release of Advanced Omni-Commerce Platform for Retail
Powered by Oracle NetSuite and Shopify, the platform offers a unified commerce solution focusing on operational efficiencies and seamless Cx WASHINGTON and SINGAPORE, Oct. 3, 2023 /PRNewswire/ -- Zoku, a leading B2B software company, announces the release of its Advanced Omni-Commerce platform for retail. This cloud based integrated system allows Zoku's NetSuite Certified (Built for NetSuite) Point of Sale, Warehouse and Inventory Management systems, Oracle NetSuite and Shopify to seamlessly work together creating a best-in-class experience for retailers and their customers. "Following the success of our soft launch, retailers and their customers globally can now benefit from the best of both worlds," said George Makriyiannis, CEO, Zoku. "The Advanced Omni-Commerce platform is a combined front-to-back-end solution without silos and with powerful sales channels powered by NetSuite's financial, inventory management, procurement and customer management modules." The platform comes with natively integrated modules and services, and Zoku's Cloud API allows integration with external and internal services and applications, including 3PLs, delivery services, payment processors and marketplaces. The result is a single, unified data hub that eliminates incompatible silos and conflicting apps. The solution is generally available globally with Shopify or Shopify Plus as the eCommerce channels, and in controlled deployment with Adobe Commerce, Magento Open Source and WooCommerce. Key features of the Advanced Omni-Commerce platform include: A single customer, comprehensive loyalty module for in-store and online purchases, rewards, and redemption. Ability to issue gift cards in-store and online. Real-time inventory data with the ability to sell products to online and in-store customers from any location. Automation of the order management process, including order entry, processing, fulfillment, shipping, and tracking. Improved customer management, including managing customer interactions across all channels and providing a single, unified view of customer data. Real-time reporting and analytics. Marketing automation across multiple channels, including email, social media, and mobile apps. "By combining the power of the leading cloud ERP and eCommerce platforms, and Zoku's apps, retailers of all sizes can achieve exponential gains in productivity and consumer experience," said George Makriyiannis, CEO, Zoku. "We are freeing operators from inefficient process flows and software incompatibilities so they can concentrate on their customers and building their business." About Zoku Zoku is a global software company headquartered in Singapore with a fully owned subsidiary Zoku Americas Inc. registered in the USA. Zoku delivers integrated commerce applications for the Retail, eCommerce, Wholesale Distribution, and Food and Beverage industries. The core team consists of resources with a wealth of experience in software, consulting, and business development. Heavy investment in R&D, marketing and partnerships enabled Zoku to elevate its products to the enterprise level, receiving certifications such as Built for NetSuite from Oracle, and expand internationally. Zoku develops its applications and partners with leading technology companies including Oracle NetSuite, Microsoft Azure, Shopify, Square, FreedomPay, and others, to complement its core products and offer an integrated platform for Retail, eCommerce, Wholesale Distribution and Food & Beverage operators around the world.
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Hard Rock and Leo Messi Unveil First Ever Menu for Kids: The Hard Rock Messi Kids Menu
HOLLYWOOD, Fla., Oct. 3, 2023 /PRNewswire/ -- Hard Rock International and global brand ambassador, Leo Messi, are taking their partnership to the next level by curating their first-ever Messi menu for kids, "The Hard Rock Messi Kids Menu". The menu launches today at all participating Hard Rock Cafes and select Hard Rock Hotels worldwide. Expanding on Hard Rock International's partnership with the world-renowned soccer sensation, "The Hard Rock Messi Kids Menu" features the Messi X Burger, the Messi Golden Chicken Sandwich and other kid-friendly options, along with a special nod to the international sports icon in the form of a complimentary mini golden soccer ball toy, a collectable poster, activity sheet and stickers with every meal. Hard Rock International and global brand ambassador, Leo Messi, announce their first-ever Messi menu for kids, “The Hard Rock Messi Kids Menu,” with help from Seminole Tribe of Florida and local South Florida community kids during the launch event at DRV PNK Stadium on October 2. (AJ Shorter / Hard Rock International) "As a father of three, I have always had a special connection with kids," said Leo Messi. "Now with my partners at Hard Rock, we will kick-off the new kids menu, offering families a variety of tasty meals and a fun dining experience." Fans can also take some of the Messi magic home with them via a new collection of Hard Rock X Messi 3.0 merchandise, for both kids and adults, including a kid-sized version of the iconic Messi Chef's Coat and a special mini soccer ball, available at select Rock Shops. A portion of proceeds from the mini soccer balls sold at the Rock Shop will be donated to kid's charities around the world via the Hard Rock Heals Foundation. "We're very excited to partner with Leo Messi on this special addition to the Hard Rock menu," said Jim Allen, Chairman of Hard Rock International. "We know how much children and their parents alike look up to Leo and we're proud to offer something wholesome for the whole family to enjoy while visiting our locations around the world." For even more fun, fans can scan a QR code to enter a 360 digital experience with Leo Messi himself. They can watch an AI-generated Messi with the Messi Chicken Sandwich or greet fans at the Hard Rock Cafe. Also available on the 360 digital experience is access to purchase the new retail options for kids and adults, a trivia game, wallpaper downloads and more. For assets from "The Hard Rock Messi Kids Menu" launch event, please see images and b-roll here. For the full release, visit https://news.hardrock.com/.
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Gulf Capital’s Intellectual Property Group CWB Acquires African Hahn & Hahn to Expand Operations to 100 Countries
Gulf Capital, one of the largest and most active private equity firms investing from the GCC to Asia, announced today that its portfolio company, the CWB Group, has acquired a majority stake in Hahn & Hahn Group to form an unrivalled super-regional firm servicing and managing intellectual property portfolios of global clients across the Middle East, Africa, Eastern Europe, and Central Asia. From its 29 offices, the combined full-service firm will be in the unique position of providing clients with the full suite of IP services across the 100 countries it focuses on. The CWB Group has become today a true global leader in IP services. Founded in 1951, H&H is a leading intellectual property service provider headquartered in Pretoria, South Africa and operating across the African continent. H&H has unique patent and trademark expertise, having represented many of top tier international companies across Africa. Since the 1950s, Hahn & Hahn Group (H&H) has built a network of offices and well-vetted agents on the continent through both organic and inorganic activities. H&H brings with it a team of experienced staff with over 100 years of intellectual property experience and a strong technology platform. The acquisition of H&H by CWB builds on the recent acquisition in February 2023 of Petošević, a leading intellectual property services provider with its head office based in Luxembourg providing intellectual property and related services across Eastern Europe and Central Asia. These strings of acquisitions reinforce the vision of providing CWB’s ever-growing client base with regional and local expertise through a single firm, unrivalled in its geographical coverage, depth, and quality of service. In addition to the expanded geographical coverage, H&H complements CWB through the addition of unparalleled patent expertise that can further support the firm’s clients across the jurisdiction. As one firm, CWB adds new, like-minded partners to an impressive roster of founders and IP professionals that share values, culture, and the vision of creating a unique client-centric firm providing consistent high-quality IP services across 100+ geographies through a single point of contact. Dr. Karim El Solh, Co-Founder and CEO of Gulf Capital, said: “Gulf Capital has created a distinguished track record of building global leaders out of the Gulf region. No company exemplifies our global ambitions better than the CWB Group which operates today in over 100 countries. The acquisition of a majority stake in Hahn and Hahn by the CWB Group gives the company exposure to the all-important and fast growing African continent. We warmly welcome all the management team of Hahn and Hahn to the CWB family.” Victor Williams, Director at H&H, said: “We are extremely excited about our partnership with CWB. This is a special opportunity for H&H, playing an integral part in the formation of an IP firm like no other. CWB recognises that innovation is borderless and sees the importance of protecting the rights of inventors around the world. With our geographical and patent expertise, our combination further complements and strengthens our value proposition to the firm’s combined clients.” Halim Shehadeh, Chief Executive Officer and Founder of the CWB Group, said: “We previously operated solely in the Middle East and North Africa. With Petošević acquisition, we expanded our reach to Eastern Europe and Central Europe and Central Asia, but with the addition of H&H, we now have invaluable and very much coveted coverage of the entire African continent, a diverse region that is evolving at a very fast rate. No other IP firm today offers the global coverage and the on-the-ground service across 100 countries offered by CWB. We are excited to welcome the partners of H&H into our CWB family as we continue to work on building the next generation super-regional IP firm.” Mohammad Madani, Managing Director, Gulf Capital, concluded: “At Gulf Capital, our goal is to accelerate the growth of our portfolio companies through ambitious buy and build strategies and by bringing together determined and like-minded decision makers. We believe that we have found the right partners in CWB, H&H, and Petošević who together can execute the strategy to transform the IP service industry in growth markets globally. Through these strategic acquisitions and industry consolidation, the CWB Group today offers unparalleled IP services across multiple regions, rooted in local expertise and a large network of on-the-ground offices, critical differentiators when it comes to navigating varying legal frameworks across growth markets.”
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Bybit Unveils AI-Enabled Futures Martingale Bot to Optimize Trading Strategies and Lower Average Costs
Bybit, the world’s third most visited crypto exchange, is pleased to announce the addition of the Futures Martingale trading bot to its comprehensive range of bot trading solutions. The Futures Martingale trading bot is specifically designed to optimize trading strategies and aims to potentially lower average costs. Key features include: Automated Position Scaling: Adjusts investment size automatically based on market conditions for bigger profits. Advanced Risk Management: Gives users control over risk exposure with specific ratios and automatic sell levels. AI Recommended Strategy: AI analyzes historical data for 14 days to recommend the best trading approach. High Accuracy: Recommendations are based on extensive data and advanced analysis. Ease of Use: Activate the AI-recommended strategy with a single click, no complex setups required. To celebrate the launch of the Futures Martingale bot, Bybit has prepared two exclusive events featuring a generous prize pool of 15,000 USDT. These events offer traders the opportunity to showcase their trading skills and win attractive rewards, further incentivizing engagement with the new bot. Bybit offers a variety of trading bots to accommodate different market conditions and preferences. In addition to the Futures Martingale bot, users can access the Spot Grid bot which facilitates buying low and selling high in sideways markets. The DCA bot allows for autopilot investing in bullish and bearish markets. The Futures Grid bot enables multiplying earnings across all market conditions. "We are constantly striving to innovate and provide powerful tools to help traders navigate the dynamic crypto markets effectively," said Ben Zhou, co-founder and CEO of Bybit. "The addition of the Futures Martingale bot reflects our commitment to meeting traders' evolving needs and reinforcing our position as a leading derivatives platform. Bybit remains dedicated to delivering cutting-edge solutions and fostering a supportive trading environment for its users."
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EquitiesFirst Podcast Series II, Episode 2: India’s time to shine? Opportunity and risk in indispensable India
EquitiesFirst, in alliance with The Economist Impact, is excited to present the second episode of Series II in our distinguished podcast series, seeking to dissect India's constantly evolving investment landscape. In the last six years, India has manoeuvred itself into a more favourable position in the business environment rankings assessed by the Economist Intelligence Unit (EIU), showcasing impressive growth amongst the 82 tracked countries. The roadmap ahead necessitates strategic enhancements in governance transparency and nurturing an ecosystem conducive to business, echoing the core principles of EquitiesFirst financing strategies. EquitiesFirst Financing: Navigating the Promising yet Challenging Landscape of Indian Investments This insightful episode delves deep into India's economic heartbeat, keenly examining the critical initiatives being undertaken to revamp its infrastructure to accommodate a booming economy, a step pivotal in sustaining its position in global business standings. This segment paints a detailed picture of the potential avenues and associated risks, a true embodiment of EquitiesFirst risk management philosophy. Featuring industry leaders Ben Mathias and Taimur Baig, the episode aims to furnish investors with a balanced view of the prevailing Indian investment environment, unfolding strategies aiding businesses and investors in navigating through the intricacies of the Indian market, a vision grounded in EquitiesFirst equities-based financing expertise. EquitiesFirst Partnership: Insights and Intelligence from the Experts In partnership with The Economist Impact, EquitiesFirst fortifies its commitment to offering nuanced and up-to-date insights. This collaboration effort paves the way for investors to traverse the intricate pathways of equities investment opportunities in India. EquitiesFirst remains a strong player in risk management and equities-based financing, with a proven track record in structuring robust investment strategies. This new episode is another embodiment of our mission to guide investors as they navigate the ever-changing investment environment in the Asia-Pacific region. About Equities First Holdings Founded in 2002, EquitiesFirst is a global investor specializing in long-term equities-based financing. EquitiesFirst's approach overcomes traditional limitations and redefines the financing experience through providing efficient access to capital for listed companies, entrepreneurs and investors against publicly traded securities. The total value of loans transacted is more than US$4.5 billion as of January 2023. Headquartered in Indianapolis, USA, EquitiesFirst maintains an international footprint of twelve offices in eight countries, including the United States, United Kingdom, Spain, China (Hong Kong, Shanghai and Beijing), South Korea, Thailand, Singapore and Australia (Sydney, Perth and Melbourne). EquitiesFirst is licensed and/or registered in all jurisdictions where required. EquitiesFirst is the pioneer of Progressive Capital – a partnership approach to investment, rooted in respect, mutual interest and understanding. EquitiesFirst delivers liquidity solutions that are vital, transformative and move partners forward. For more information, please visit www.equitiesfirst.com/. Disclaimer This Document is intended solely for accredited investors, sophisticated investors, professional investors, or otherwise qualified investors, as may be required by law or otherwise, and it is not intended for, and should not be used by, persons who do not meet the relevant requirements. The content provided herein is for informational purposes only and is general in nature and not targeted to any specific objective or financial need. The views and opinions expressed in this Document have been prepared by third parties and do not necessarily reflect the views and opinions of EquitiesFirst. EquitiesFirst has not independently examined or verified the information provided herein, and no representation is made that it is accurate or complete. Opinions and information herein are subject to change without notice. The content provided does not constitute an offer to sell (or solicitation of an offer to purchase) any securities, investments, or any financial products ("Offer"). 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Before acting on any information, you should consider the appropriateness of the information provided and the nature of the relevant financial product having regard to your objectives, financial situation and needs. You should seek independent financial advice and read the relevant disclosure statements or other offer documents prior to making an investment decision about a financial product. Hong Kong: Equities First Holdings Hong Kong Limited holds a Hong Kong Securities and Futures Commission Type 1 License and licensed in Hong Kong under the Money Lenders Ordinance (Money Lender's Licence No. 1780/2022). This Document has not been reviewed by the Hong Kong Securities and Futures Commission. It is not intended as an offer to sell securities or a solicitation to buy any product managed or provided by Equities First Holdings Hong Kong Limited and is only intended for Professional Investors. 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In the UK, this Document is only being distributed and made available to persons of the kind described in Article 19(5) (investment professionals) and Article 49(2) (high net worth companies, unincorporated associations etc.) of Part IV of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (''FPO'') and any investment activity to which this presentation relates is only available to, and will only be engaged in with, such persons. Persons who do not have professional experience in matters relating to investment or who are not persons to whom Article 49 of the FPO applies should not rely on this document. This Document is only prepared for and available to persons who qualify as Professional Investors under the Markets in Financial Instruments Directive. ©2023 Equities First Holdings Hong Kong Limited. All rights reserved
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Innovative International Acquisition Corp. and Zoomcar, the World's Largest Emerging Market Focused Car Sharing Platform, Announce Effectiveness
Extraordinary general meeting of IOAC shareholders scheduled for October 25, 2023, to vote on the proposed business combination of IOAC with Zoomcar Zoomcar is the world's leading emerging market peer2peer car sharing platform with operations across India, Indonesia and Egypt Zoomcar and IOAC entered into a definitive merger agreement dated October 13, 2022, as amended (the "Merger Agreement") Combined company expected to be named Zoomcar Holdings, Inc. and listed on NASDAQ in fourth quarter of 2023 under ticker "ZCAR" BANGALORE, India, and DANA POINT, Calif., Oct. 3, 2023 /PRNewswire/ -- Innovative International Acquisition Corp. (NASDAQ: IOAC) ("IOAC"), a Cayman Island registered blank-check special purpose acquisition company, and Zoomcar, Inc., a Delaware corporation ("Zoomcar"), an emerging market focused peer2peer car sharing company, are pleased to announce that IOAC's registration statement on Form S-4, initially filed with the U.S. Securities and Exchange Commission ("SEC") on February 7, 2023 (as amended, the "Registration Statement"), has been declared effective by the SEC. The Registration Statement was filed in connection with the proposed business combination between IOAC and Zoomcar, previously announced on October 13, 2022. IOAC has scheduled an extraordinary general meeting of IOAC shareholders (the "IOAC Meeting") to seek approval and adoption of the Merger Agreement among IOAC, Zoomcar and the other parties thereto and the transactions contemplated thereby (the "Transaction"), and other related matters, a key milestone in the business combination process. The IOAC Meeting will be held on October 25, 2023, at 11:00 am Eastern Time at the offices of McDermott Will & Emery, LLP at One Vanderbilt Avenue, New York, NY 10017 and in virtual format at https://web.lumiagm.com/#/228230513 (password: innovative2023). IOAC's shareholders of record as of the close of business on September 20, 2023, are entitled to receive notice of, to vote, and have their votes counted at the IOAC Meeting and any adjournment thereof. The joint proxy statement, prospectus and other relevant documents in connection with the proposed Transaction will be mailed to IOAC's shareholders as of the record date. The Registration Statement containing the joint proxy statement and prospectus contains important information about the proposed Transaction, the Merger Agreement, and the proposals to be considered at the IOAC Meeting. The Registration Statement containing the joint proxy statement, prospectus, and proposals to be considered is available through the SEC's website at www.sec.gov. The joint proxy statement also notifies Zoomcar stockholders of Zoomcar's solicitation of written consents to the Merger Agreement and Transactions associated therewith. Zoomcar stockholders of record as of September 30, 2023 will be entitled to execute and deliver written consents and are encouraged to review the important information about the proposed Transaction contained in the proxy statement and written consent solicitation materials, in addition to the Registration Statement and IOAC's other public filings available free of charge through the SEC's website at www.sec.gov. Mohan Ananda, the Chairman and CEO of IOAC stated "I am delighted to announce the SEC's approval of the effectiveness of the S-4 registration statement. This significant milestone brings us one step closer to finalizing the merger transaction with Zoomcar, a leader in emerging markets as the largest car-sharing platform. With the explosion of emerging markets and the wave of global entrepreneurship, I am confident about Zoomcar's bright future as a leading global mobility platform." Greg Moran, CEO and Co-Founder of Zoomcar commented, "We're thrilled to announce this important milestone in our ongoing partnership with the IOAC team and we look forward to continuing the buildout of our peer2peer car sharing platform across our core emerging market geographies." The closing of the Transaction, which is expected to occur in the fourth quarter of 2023, is subject to approval by IOAC shareholders, Zoomcar stockholders and the other closing conditions set forth in the Merger Agreement. Upon closing of the Transaction, IOAC is expected to transfer by way of continuation out of the Cayman Islands and into the State of Delaware and be renamed Zoomcar Holdings, Inc., and will continue to operate under the Zoomcar management team, led by Greg Moran, Co-Founder and Chief Executive Officer of Zoomcar. The combined company's common stock is anticipated to be listed on NASDAQ under ticker symbol "ZCAR." Advisors Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC, is acting as exclusive financial advisor and exclusive capital markets advisor to Zoomcar; Ellenoff Grossman & Schole LLP is acting as US legal advisor to Zoomcar. Lincoln International is acting as financial advisor to the special committee of the board of directors of IOAC (the "Special Committee"). Jett Capital Advisors, LLC is acting as financial advisor to IOAC; McDermott Will & Emery LLP is acting as US legal advisor to IOAC. Morris, Nichols, Arsht & Tunnell LLP is acting as legal advisor to the Special Committee. DLA Piper LLP (US) is acting as legal advisor to Cohen & Company Capital Markets. About Innovative International Acquisition Corp. IOAC is a blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. IOAC's management comprises of Dr. Mohan Ananda, Madan Menon and Elaine Price, along with a board of directors that builds on its ability, experience and network with cross border transactions and strategic growth. About Zoomcar[1] Founded in 2012 and headquartered in Bengaluru, India, Zoomcar is the leading marketplace for peer2peer car sharing across India, Indonesia and Egypt, with over 21,000 cars registered through its platform. The Zoomcar community connects vehicle owners with guests, who choose from a selection of cars for use at affordable prices, promoting sustainable, smart transportation solutions in growing markets. Important Information and Where to Find It This press release refers to a proposed transaction between IOAC and Zoomcar. This press release does not constitute an offer to sell or exchange, or the solicitation of an offer to buy or exchange, any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, sale or exchange would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. In connection with the transaction described herein, IOAC has filed relevant materials with the SEC, including a registration statement on Form S-4, which was declared effective by the SEC on September 29, 2023, and a final prospectus containing the definitive proxy statement, filed with the SEC on October 2, 2023. Security holders of IOAC, on the one hand, and Zoomcar, on the other, are encouraged to carefully review such information, including the risk factors and other disclosures therein. The definitive proxy statement/prospectus will be sent to all IOAC shareholders; Zoomcar stockholders will also receive a copy of the definitive proxy statement. IOAC also will file other documents regarding the proposed transaction with the SEC. Before making any voting or investment decision, investors and security holders of IOAC and Zoomcar are urged to read the registration statement, the proxy statement/prospectus and all other relevant documents filed or that will be filed by IOAC with the SEC in connection with the proposed transaction as they become available because they will contain important information about the proposed transaction. Investors and security holders may obtain free copies of the proxy statement/prospectus and all other relevant documents filed or that will be filed with the SEC by IOAC through the website maintained by the SEC at www.sec.gov. Participants in the Solicitation IOAC and Zoomcar and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from IOAC's shareholders in connection with the proposed transaction. Information about IOAC's directors and executive officers and their ownership of IOAC securities is set forth in IOAC's filings with the SEC. Additional information regarding the interests of those persons and other persons who may be deemed participants in the proposed transaction may be obtained by reading the proxy statement/prospectus regarding the proposed transaction. You may obtain free copies of these documents as described in the preceding paragraph. Forward-Looking Statements This press release contains forward-looking statements, which are based on estimates, assumptions, and expectations. Actual results and performance could differ materially and adversely from those expressed or implied in forward-looking statements. IOAC and Zoomcar do not undertake any obligation to update any forward-looking statements, except as required by law. Contacts Zoomcar Investors: Crocker Coulsoncrocker.coulson@aummedia.org (646) 652-7185 Innovative International Acquisition Corp.Dr. Mohan Ananda, Chairman & CEOmohan@innovativeacquisitioncorp.com
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SATO AWARDED IN FAST COMPANY'S 2023 BRANDS THAT MATTER LIST
Global recognition reflects SATO's consumer-centric focus and the impact of its innovative and affordable sanitation and hygiene solutions LONDON, Oct. 3, 2023 /PRNewswire/ -- SATO, an award-winning social business that empowers people everywhere to live a better life, every day, and to enjoy a brighter future through innovative sanitation and hygiene solutions, is delighted to be honoured by Fast Company's Brands That Matter 2023. Erin McCusker, SATO’s Leader, with the Brands That Matter award. The brands selected for this prestigious annual list have achieved relevance through cultural impact and social engagement and are judged to have authentically communicated their missions and ideals. SATO, part of LIXIL, was recognised in Brands That Matter's International category – brands outside of the United States that achieved relevance in their home markets. Erin McCusker, Leader, SATO, and Senior Vice President at LIXIL, said: "To be recognised as a Brand That Matters is a fantastic reflection of SATO's development and relevance. Ten years ago, LIXIL launched the SATO brand with one prototype to address the critical sanitation needs of consumers in Bangladesh. A decade on, SATO offers an innovative and aspirational sanitation and hygiene portfolio that has positively impacted the lives of 45 million people in 45 countries, and growing. "Looking to 2030 and the ambitious targets of the United Nation's Sustainable Development Goal 6.2 – achieving access to adequate and equitable sanitation and hygiene for all – we believe SATO, and its role as a social business, innovator, and empowering, consumer-centric brand, is an important accelerator in unlocking health, social and economic value for more communities around the world." As the world's leading award for showcasing brands that communicate and demonstrate brand purpose, Brands That Matter's recognition of SATO is a testament to the continued success of its offer, solutions, and brand. "We see this as the culmination of our brand refresh last year which cemented our positioning as a vibrant and customer-centric brand. It is also an important milestone that reflects our ambition to grow a global brand that resonates locally with households, retailers, and masons, and becomes a reference in the sector," says Janaína Campoy, Leader, Global Marketing and Communications, SATO. Each year, Fast Company's judges compile the list which features large and small companies and non-profits based on their ability to achieve relevance through cultural impact and social engagement as well as an ability to effectively communicate their mission and ideals through branding. According to data from WHO and UNICEF, one-fifth of the global population (1.7bn) live without access to safe sanitation and one in three (2.3bn) lack basic handwashing facilities at home. For many – particularly in Asia and Africa – the simple task of going to the toilet can be a dangerous, unsafe, and unpleasant experience. Meanwhile, limited access to a handwashing solution with soap risks the spread of preventable diseases. Combined, poor sanitation and hygiene lead to significant economic loss, absenteeism among schoolchildren, and negative health outcomes. However, SATO is on a journey to inspire global change. With its portfolio of innovative, affordable, and water-saving sanitation and hygiene solutions, SATO directly addresses the everyday challenges facing consumers in rural and peri-urban areas. Using its patented trapdoor technology, easy-to-clean and easy-to-install design, the SATO Pan seals open pit latrines to instantly create a fresher sanitation experience. The Pan also combines with the brand's off-pit connectors – the SATO V-Trap and I-Trap connection systems – to divert waste and create a sanitation solution that can be safely managed by consumers. Finally, the SATO Tap repurposes a plastic bottle to create a portable handwashing solution that needs just 100ml of water per handwash. To date, SATO's unique and customer-focused designs have led to multiple awards. This includes the Red Dot design award for its V-Trap connection system, while the SATO Tap was named a Finalist in Fast Company's World Changing Ideas 2021 and one of Time Magazine's Best Inventions of 2020. To find out more about SATO's solutions, impact, and countries of operation, visit www.sato.lixil.com.
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2023 World Trade Centers Association Member Forum Reconvenes in New York City to Modernize and Revitalize the Association for the Future
Embracing the 'Drivers of Progress' theme, WTCA members gear up for networking, workshops and more for the organization's global expansion NEW YORK, Oct. 3, 2023 /PRNewswire/ -- The World Trade Centers Association® (WTCA®), an international trade organization connecting more than 300 World Trade Center® (WTC®) locations in nearly 100 countries, announced today that it will host its 2023 WTCA Member Forum from October 15-17 in New York City, with limited live streaming available. With the theme of "Drivers of Progress," this year's event will focus on the unique ways WTC businesses drive progress within their local communities and the Association's plans to modernize and revitalize for the future by clearly identifying its brand narrative and expanding its current global Membership base to 500 WTCA Members within the next decade. The three-day WTCA Member Forum is one of the Association's flagship events. Attended by world-renowned experts and representatives from Member WTC businesses, the annual WTCA Member Forum provides countless opportunities for attendees to tap into the global WTCA network and reconnect with fellow WTCA Members. This year, the forum will unite the collective expertise of the WTCA community, and actively engage in shaping the organization's future, with the goal to strengthen and modernize the WTCA brand. "We are thrilled to host the 2023 WTCA Member Forum again in New York City," said John E. Drew, Chair, Board of Directors of the WTCA. "This year's program showcases our new branding strategy, a crucial element of our 2023-2025 WTCA Strategic Plan. Members can learn about our short- and long-term plans to establish a strong foundation for the WTCA brand, which includes a new cohesive narrative, corporate assets for Members and the business development team, a refreshed WTCA website and new forms of Member-to-Member communication. We will also introduce the newly-elected and diverse group of the WTCA's Board of Directors, discuss our 'Road to 500' initiative, and offer networking, workshops and more to help attendees expand their businesses." In addition to the new branding strategy and other events, this year's forum marks the launch of the Francophone Initiative, which invites WTCA Members from French-speaking business communities around the world to collaborate and expand the presence of French-speaking delegations from WTC Member companies. It will kick off the official countdown to the highly anticipated 54th annual WTCA Global Business Forum, which will be hosted March 3-6, 2024 by WTC Bengaluru in Bengaluru, India. Drawing upon this opportunity to shape the global trade and investment landscape for the future, Crystal Edn, WTCA Executive Director of Member Services, echoed the enthusiasm and ambitious goals set for the upcoming forum. "We are looking forward to great results from this year's Member Forum," she said. "We aim to carve out bold new directions for our initiatives and lay the groundwork for an even stronger Association. Thanks to all our attending members, together, we are poised for a year of unparalleled success and deep insights." This year's event is open only to WTCA Members, including license holders and staff of WTC businesses. WTCA Members can register here. For more information about the 2023 WTCA Member Forum and to view the agenda, please click here. Also, follow #WTCAEvents on social media. MEDIA CONTACTS: World Trade Centers Association (WTCA)Chanelle DimalantaPhone: +1 212 432 2644Email: cdimalanta@wtca.org Violet PRGrace SanfordPhone: +1 201 290 3543Email: grace@violetpr.com About World Trade Centers Association (WTCA)The World Trade Centers Association (WTCA) is a network of more than 300 highly connected, mutually supporting businesses and organizations in 91 countries. As the owner of the "World Trade Center" and "WTC" trademarks, the WTCA licenses exclusive rights to these brands for Members to use in conjunction with their independently owned, iconic properties, facilities and trade services offerings. Through a robust portfolio of events, programming and resources that it offers its Members, the goal of the WTCA is to help local economies thrive by encouraging and facilitating trade and investment across the globe through Member engagement. To learn more, visit www.wtca.org.
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BEA Victorious at the 11th Global Brand Awards
Bank's consistent pursuit of the best stands out in the industry LONDON, Oct. 3, 2023 /PRNewswire/ -- The Bank of East Asia, Limited ('BEA') has taken home three Hong Kong awards at the prestigious 2023 Global Brand Awards. It won Best Personal Banking Brand, Best New Digital Banking Product (BEA GOAL), and Best Banking Product (Virtual Card) on the back of its commitment to customer service and innovation, evidenced by its exceptional banking experiences, cutting-edge digital solutions, and pioneering virtual card offerings. This remarkable achievement solidifies the bank's leadership in the industry, setting new standards for customer-centric services and ground-breaking innovations. Mr. Jay Reddy, Director of Global Brands Magazine, commented, "BEA's remarkable achievement, underlining its commitment to innovation and customer service excellence, deserves special recognition. In an industry where many banks hesitate to embrace change, BEA stands out for its unwavering pursuit of excellence, which clearly reflects in its well-deserved win of three prestigious awards. I extend my best wishes to the bank for its future endeavors and hope it continues to lead the way in the banking industry." Mr Raymond Ng, BEA's Deputy Head of Personal Banking Division, said, "The Awards recognise the team's tremendous effort in putting the customer experience at the forefront. Our digital all-in-one BEA GOAL account was a manifestation of the Group's strategic development to nurture a new generation of tech-savvy customers. It provides access to customised wealth management solutions and diversified retail banking services anytime, anywhere, at their fingertips. We are committed to building positive long-term relationships and developing innovative products and services to meet evolving needs of our customers." About The Bank of East Asia, Limited Incorporated in Hong Kong in 1918, The Bank of East Asia, Limited ('BEA') is a leading Hong-Kong-based financial services group listed on The Stock Exchange of Hong Kong, with total consolidated assets of HK$872.1 billion (US$111.3 billion) as of 30th June, 2023. BEA provides a comprehensive range of corporate banking, personal banking, wealth management and investment services to customers through an extensive network of about 130 outlets covering Hong Kong, the Chinese Mainland, Macau, Taiwan, Southeast Asia, the United Kingdom, and the United States. For more information, please visit: http://www.hkbea.com/ About Global Brands Magazine (England) Global Brands Magazine (GBM) is a UK-based magazine at the forefront of news, views and opinions on 'best in class' brands that are shaping the future of their industry. About the Global Brand Awards The Global Brand Awards honour brands for their excellence in performance, and rewards companies for the quality of their services. The Awards highlight the accomplishments of organisations that have performed remarkably well in their respective industries. We are excited to announce the highly anticipated awards ceremony which will take place at The Athenee Hotel located in the heart of Bangkok, Thailand, in May 2024. To nominate for the Global Brand Awards 2023, click on this link: https://www.globalbrandsmagazine.com/nomination-form/ Checkout our Social Media Shoutouts here: Facebook: https://bit.ly/3rzKzFILinkedin: https://bit.ly/3Q1FVK3Twitter: https://bit.ly/3LKphfbInstagram: https://bit.ly/3LHtQqI
