PETALING JAYA, MALAYSIA, Jun 9, 2021 - ( JCN Newswire ) - Pertama Digital Berhad announced today that it has secured the first four product partners, Trevo, Paywatch, Qoala and Butterfly FX, which will bring expertise and solutions in their respective fields to plug into Pertama Digital's proposed digital bank. This comes after its recent announcements on securing Crowdo Holdings Pte Ltd and INFOPRO Sdn Bhd as consortium partners to apply for a digital banking licence from Bank Negara Malaysia.In order to build a digital bank that empowers financially underserved Malaysians, Pertama Digital has built strong relationships with existing financial inclusion innovators, such as these companies, on ethical financial products addressing insurtech (takaful), gig economy and edtech.Pertama Digital's Director of Strategy Saify Akhtar said: "We are very excited to collaborate with our new product partners to build financially inclusive solutions for the Rakyat. Over th
SINGAPORE, Jun 3, 2021 - ( JCN Newswire ) - Software AG (Frankfurt MDAX: SOW) today announced a number of senior executive appointments in Asia Pacific and Japan (APJ). This forms the cornerstone of the company's plan to establish a leadership team that can better support its customer and partner bases in the region, underscoring the importance that Software AG is placing on the region. This also follows a robust 1Q21 global business performance, where digital business transformation emerged as a key growth driver for Software AG.Software AG aims to help organisations become truly connected and turn business data into information that can be acted on. The new appointments collectively boost Software AG's ability to respond to the evolving needs of organisations in APJ, especially in light of the rapid digitalisation in this region.Nicolas Betbeder-Matibet has been appointed Software AG's new Senior Vice President of Sales for Asia Pacific and Japan and will l
NEW DELHI, May 31, 2021 - ( JCN Newswire ) - Tension is mounting in the South China Sea with the Philippines refusing to withdraw vessels from Whitsun Reef. Some 220 Chinese vessels congregated in early March at Union Banks and Whitsun Reef, providing for the present standoff between China and the Philippines. The area involved in the present dispute is well within the 200-nautical mile exclusive economic zone (EEZ) of the Philippines. China wants to dominate the South China Sea because that would give Beijing a strategic advantage against Taiwan and Japan, before risking a conflict over the Senkaku. President Xi Jingping has always gone for an easy target that he believes can be achieved with minimal risk and costs. Recent media reports suggest that China has warned the United States that it will face defeat if the two superpowers go to war, testimony to what China thinks about its military might. The threat to the US has come from China in response to the joint military exercise rece
SINGAPORE, May 25, 2021 - ( JCN Newswire ) - Genesis MedTech Group ( Genesis ), a leading medical device company, today announced it has completed its Series B round, raising significant growth financing. General Atlantic, a leading global growth equity firm, led the funding with participation from CITIC Capital and others. The majority of shareholders from Series A followed up with additional investments. Lefei Sun, Managing Director and Head of Healthcare for China at General Atlantic, will join the Genesis Board of Directors.
The funds will be used to drive the research and development of new products and the commercialization of existing products, as well as enable business expansion in emerging markets around the world. This acceleration in Genesis model is expected to enable patients and healthcare practitioners in emerging markets to access innovative medtech products that can address unmet needs faced day-to-day Genesis mission since its inception in 2019.
SINGAPORE, Apr 16, 2021 - ( JCN Newswire ) - Singapore-based Commodities Intelligence Centre (CIC) - a Joint Venture between the ZALL Smart Commerce Group (ZALL), Singapore Exchange (SGX) and Global eTrade Services (GeTS) - has announced strong growth in FY2020, driven by the urgency for supply chains to digitalise during the pandemic. In 2020, the number of customers on the platform grew by 26 per cent as compared to 2019 to reach 5800 registered users. Among the commodities traded on the platform include ferrous and non-ferrous metals, agricultural products, plastics and chemicals, and oil products. The total cumulative gross merchandise volume (GMV) on the CIC platform grew by over US$3.1 billion (S$4.1 billion) to reach US$13.4 billion (S$17.6 billion), an increase of more than 30 per cent from 2019.