KUALA LUMPUR, March 27 (Bernama) -- European credit specialist AlbaCore Capital Group (AlbaCore) has launched its new Senior Direct Lending Strategy (the Strategy), having secured anchor investments from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) and Mitsubishi UFJ Trust and Banking Corporation (the Trust Bank).
In a statement, AlbaCore said the firm has successfully completed its first close, bringing in an expected US$1.8 billion in investable capital. (US$1=RM4.42)
The Strategy positions AlbaCore to capitalise on the growing market opportunity in loan financing, further expanding its global presence and delivering enhanced value to clients.
AlbaCore Managing Partner and Chief Investment Officer, David Allen highlighted that the backing from ADIA and Trust Bank reflects the appeal of the Strategy and AlbaCore's ability to take advantage of the opportunity.
Meanwhile, ADIA Executive Director of the Private Equities Department, Hamad Shahwan AlDhaheri, emphasised the importance of the anchor commitment in deepening its relationship with AlbaCore, noting the Strategy’s potential to meet the growing demand for private credit solutions in Europe.
On the other hand, the Trust Bank Chief Executive, Asset Management & Investor Services Business Unit, Takafumi Ihara expressed excitement about supporting the Strategy, aligning with the bank’s global asset management business in expanding private product competitiveness in the direct lending market.
The Strategy will leverage AlbaCore’s deep knowledge of European corporate capital structures to build a diversified portfolio of senior direct lending investments, focusing on downside protection and delivering attractive risk-adjusted returns.
It will also draw upon AlbaCore’s thorough bottom-up fundamental credit analysis to primarily finance senior private loans in upper-mid to large-cap performing European corporates.
-- BERNAMA
Thursday, 27 March 2025
Wednesday, 26 March 2025
MDS GLOBAL PLATFORM TO POWER PXC’S DIGITAL TRANSFORMATION
KUALA LUMPUR, March 26 (Bernama) -- MDS Global, a provider of Business Support Systems (BSS) for digital telcos, has announced a new strategic partnership with PlatformX Communications (PXC), the United Kingdom (UK)’s wholesale provider of connectivity, voice, cloud and security solutions.
In a statement, MDS Global said with this landmark agreement, it will continue to deliver its industry-leading Converged Monetisation Platform (CMP) as a fully outsourced end-to-end monetisation service to power PXC’s ambitious digital transformation and innovation goals.
Under this partnership, MDS Global’s CMP will serve as the single strategic wholesale billing platform for PXC, supporting their plans to build a powerful altnet aggregation platform while simplifying PXC’s information technology (IT) infrastructure and merging multiple BSS environments.
MDS Global Chief Executive Officer, John Burton said this partnership highlights its commitment to work closely with customers to deliver reliable solutions that power growth and digital transformation.
“We are delighted to extend our long-standing relationship with PXC. MDS Converged Monetisation Platform will not only simplify PXC’s IT architecture, but also drive innovation and efficiency, further underpinning PXC’s leading position in the UK wholesale telecoms market,” he said.
Meanwhile, PXC Chief Technology Officer, Phil Haslam said the MDS Converged Monetisation Platform enables PXC to simplify its technology stack and drive innovation, which has been critical in its journey to become the UK's leading wholesale connectivity provider.
The platform optimises PXC’s operations and brings process automation to reduce operational costs, power innovation and deliver digital customer experiences.
This partnership is a testament to MDS Global’s track record of delivering value and ensuring effective, trouble-free operations. PXC’s decision to extend this relationship, following a long partnership history, demonstrates their trust in MDS Global’s commitment to align with their strategy and help PXC achieve their ambitious goals.
-- BERNAMA
In a statement, MDS Global said with this landmark agreement, it will continue to deliver its industry-leading Converged Monetisation Platform (CMP) as a fully outsourced end-to-end monetisation service to power PXC’s ambitious digital transformation and innovation goals.
Under this partnership, MDS Global’s CMP will serve as the single strategic wholesale billing platform for PXC, supporting their plans to build a powerful altnet aggregation platform while simplifying PXC’s information technology (IT) infrastructure and merging multiple BSS environments.
MDS Global Chief Executive Officer, John Burton said this partnership highlights its commitment to work closely with customers to deliver reliable solutions that power growth and digital transformation.
“We are delighted to extend our long-standing relationship with PXC. MDS Converged Monetisation Platform will not only simplify PXC’s IT architecture, but also drive innovation and efficiency, further underpinning PXC’s leading position in the UK wholesale telecoms market,” he said.
Meanwhile, PXC Chief Technology Officer, Phil Haslam said the MDS Converged Monetisation Platform enables PXC to simplify its technology stack and drive innovation, which has been critical in its journey to become the UK's leading wholesale connectivity provider.
The platform optimises PXC’s operations and brings process automation to reduce operational costs, power innovation and deliver digital customer experiences.
This partnership is a testament to MDS Global’s track record of delivering value and ensuring effective, trouble-free operations. PXC’s decision to extend this relationship, following a long partnership history, demonstrates their trust in MDS Global’s commitment to align with their strategy and help PXC achieve their ambitious goals.
-- BERNAMA
Tuesday, 25 March 2025
DDPAI LAUNCHES Z50 PRO DASH CAM WITH 4G, 4K RECORDING & WI-FI 6 IN MALAYSIA
KUALA LUMPUR, March 25 (Bernama) -- DDPAI Technology has introduced its latest dash cam model, the Z50 Pro, in Malaysia, designed for modern drivers seeking enhanced security, convenience, and performance.
DDPAI chief executive officer, Leo Luo expressed confidence that the Z50 Pro’s combination of 4G connectivity and 4K resolutions would raise the bar in the dash cam market, offering drivers superior value, security, and convenience.
The Z50 Pro offers seamless 4G connectivity, allowing users to remotely access live footage, receive instant alerts, and manage recordings through the DDPAI app. The 4G package comes with a SIM card offering a 90-day free trial with a 30 gigabyte (GB) data plan, ensuring immediate connectivity.
According to a statement, the dash cam also features Wi-Fi 6 for faster and more stable video transfers, making it easier for users to access high--resolution footage without delays.
Beyond its advanced connectivity, the Z50 Pro records in true 4K resolution, capturing every detail with exceptional clarity. Powered by artificial intelligence (AI) ISP technology, the NightVIS 2.0 provides superior night vision, significantly enhancing nighttime parking monitoring in low-light conditions.
The Z50 Pro is designed for durability with a supercapacitor to prevent power failures and provide long-lasting performance. It also provides round-the-clock parking monitoring for constant security.
Additionally, the GPS version includes built-in GPS and Advanced Driver Assistance System (ADAS), providing real-time location tracking driving insights, lane departure warnings and collision alerts.
The Z50 Pro is now available for purchase through DDPAI's official Malaysia store and certified retailers.
-- BERNAMA
Friday, 21 March 2025
AMTD RELEASES LATEST CINEMATIC VENTURE: ‘A GILDED GAME’
KUALA LUMPUR, March 21 (Bernama) -- AMTD Group Inc (AMTD), alongside World Media and Entertainment Universal Inc (WME), a subsidiary of the group under AMTD Digital, jointly announced that their latest film, “A Gilded Game”, will premiere in China on May 1.
According to AMTD in a statement, following the success of “The Last Dance”, this new movie is highly anticipated.
Directed by Herman Yau, the movie stars Andy Lau and Oho Ou in lead roles, along with a special appearance by Ni Ni. Lau plays a capital markets expert, while Ou takes on the role of Lau's apprentice.
“We are thrilled to embark on another creative journey with Andy Lau and our talented cast in ‘A Gilded Game’.
“This movie embodies our commitment to producing high-quality entertainment, and we look forward to the audience's enthusiastic response to this remarkable cinematic experience,” said AMTD and WME Chairman, Dr Feridun Hamdullahpur.
AMTD serves as a production company of the movie, alongside Universe Entertainment, Maoyan, and Yingming Culture, while the founder of AMTD IDEA Group and AMTD Digital, Dr Calvin Choi, serves as both producer and executive producer.
The movie marks the fourth collaboration between AMTD and Lau, an internationally acclaimed actor.
Their previous joint projects have been immensely successful, with 'Shock Wave 2' reaching a box office of 1.314 billion Chinese yuan, 'Moscow Mission' grossing 664 million Chinese yuan, and 'Golden Finger' achieving 574 million Chinese yuan. (100 Chinese yuan = RM60.98)
-- BERNAMA
According to AMTD in a statement, following the success of “The Last Dance”, this new movie is highly anticipated.
Directed by Herman Yau, the movie stars Andy Lau and Oho Ou in lead roles, along with a special appearance by Ni Ni. Lau plays a capital markets expert, while Ou takes on the role of Lau's apprentice.
“We are thrilled to embark on another creative journey with Andy Lau and our talented cast in ‘A Gilded Game’.
“This movie embodies our commitment to producing high-quality entertainment, and we look forward to the audience's enthusiastic response to this remarkable cinematic experience,” said AMTD and WME Chairman, Dr Feridun Hamdullahpur.
AMTD serves as a production company of the movie, alongside Universe Entertainment, Maoyan, and Yingming Culture, while the founder of AMTD IDEA Group and AMTD Digital, Dr Calvin Choi, serves as both producer and executive producer.
The movie marks the fourth collaboration between AMTD and Lau, an internationally acclaimed actor.
Their previous joint projects have been immensely successful, with 'Shock Wave 2' reaching a box office of 1.314 billion Chinese yuan, 'Moscow Mission' grossing 664 million Chinese yuan, and 'Golden Finger' achieving 574 million Chinese yuan. (100 Chinese yuan = RM60.98)
-- BERNAMA
EXCELLENT CREDIT RATINGS ASSIGNED TO CHINA TAIPING INSURANCE (MACAU) - AM BEST
KUALA LUMPUR, March 21 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of China Taiping Insurance (Macau) Company Limited (CTIM).
The outlook of these credit ratings (ratings) is stable, reflecting CTIM’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.
As measured by Best’s Capital Adequacy Ratio, CTIM’s risk-adjusted capitalisation remained at the strongest level as of year-end 2023, while its capital level remained robust and further strengthened to US$120 million at year-end 2024, based on the unaudited financial statements. (US$1=RM4.42)
According to AM Best in a statement, the company’s investment strategy is consistently conservative, with the majority of its assets held in cash and investment-grade bonds.
In addition, CTIM’s reinsurance programme remains comprehensive with reinsurer panels of good credit quality; although, the reinsurance dependency of the company is moderate.
Reported a five-year average return-on-equity ratio (ROE) of 18.4 per cent from 2019 to 2023, CTIM achieved an ROE of 19.8 per cent in 2024, with a historical full-year-recorded net profit.
Last year, the net combined ratio increased moderately, mainly driven by an uptick in the loss ratio from motor business, while the net expense ratio stayed largely at a similar level as the prior year, thanks to the effective control of management expenses.
CTIM maintains a long track record as the leader in Macau’s non-life insurance segment and has a market share of approximately 33 per cent as of the third quarter 2024, based on gross premiums written, with its underwriting portfolio and distribution channels remaining diversified.
-- BERNAMA
The outlook of these credit ratings (ratings) is stable, reflecting CTIM’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.
As measured by Best’s Capital Adequacy Ratio, CTIM’s risk-adjusted capitalisation remained at the strongest level as of year-end 2023, while its capital level remained robust and further strengthened to US$120 million at year-end 2024, based on the unaudited financial statements. (US$1=RM4.42)
According to AM Best in a statement, the company’s investment strategy is consistently conservative, with the majority of its assets held in cash and investment-grade bonds.
In addition, CTIM’s reinsurance programme remains comprehensive with reinsurer panels of good credit quality; although, the reinsurance dependency of the company is moderate.
Reported a five-year average return-on-equity ratio (ROE) of 18.4 per cent from 2019 to 2023, CTIM achieved an ROE of 19.8 per cent in 2024, with a historical full-year-recorded net profit.
Last year, the net combined ratio increased moderately, mainly driven by an uptick in the loss ratio from motor business, while the net expense ratio stayed largely at a similar level as the prior year, thanks to the effective control of management expenses.
CTIM maintains a long track record as the leader in Macau’s non-life insurance segment and has a market share of approximately 33 per cent as of the third quarter 2024, based on gross premiums written, with its underwriting portfolio and distribution channels remaining diversified.
-- BERNAMA
VIETNAM’S PVI INSURANCE RATED EXCEPTIONAL - AM BEST
KUALA LUMPUR, March 21 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent), the long-term issuer credit rating of “a-” (Excellent) and the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional) of PVI Insurance Corporation (PVI Insurance), with a stable outlook.
In a statement, AM Best said the ratings reflected PVI Insurance’s strong balance sheet, robust operating performance, neutral business profile, and sound enterprise risk management.
The assessment also incorporates rating enhancement from its parent company, HDI Haftpflichtverband der Deutschen Industrie V.a.G. (HDI V.a.G.).
PVI Insurance’s balance sheet strength is supported by its risk-adjusted capitalisation, measured by Best’s Capital Adequacy Ratio, which is expected to remain at the strongest level over the medium term. The company also benefits from good financial flexibility due to HDI V.a.G.'s majority ownership.
Despite high dividend payouts and reinsurance dependency, AM Best considers PVI Insurance’s investment portfolio to be of moderate risk, with allocations in cash, term deposits, corporate bonds, private equity, and real estate.
The credit rating agency noted that PVI Insurance maintains strong operating performance, with a five-year average return-on-equity (ROE) ratio of 17.1 per cent (2020-2024). Although underwriting results were impacted by Typhoon Yagi, the company recorded a 14 per cent ROE in 2024, supported by profitable commercial and retail business lines.
As Vietnam’s largest non-life insurer based on 2023 direct premiums, the company continues to expand its market share, particularly in industrial and commercial insurance segments, benefitting from its affiliation with the PetroVietnam (PVN) group. HDI V.a.G.’s support has further strengthened its technical expertise and regional market position.
PVI Insurance’s business expansion in inward reinsurance has contributed to growth, though prudent risk accumulation remains a focus for monitoring.
-- BERNAMA
Wednesday, 19 March 2025
AMTD’S AWARD WINNING THE LAST DANCE MOVIE TO RELEASE THE EXTENDED VERSION
PARIS & NEW YORK & SINGAPORE, March 19 (Bernama-BUSINESS WIRE) -- AMTD Group Inc. ("AMTD" or the "Group"), alongside World Media and Entertainment Universal Inc. ("WME"), a subsidiary of the Group under AMTD Digital, jointly announced that AMTD’s latest movie, "The Last Dance: Extended Version" ("Movie"), is officially set to release to the public on April 4.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250317607232/en/
The extended version of The Last Dance will feature an additional 15 minutes of footage, including new scenes with acclaimed actors Kaki Sham and Vincent Kok, as well as additional scenes of Catherine Chau and Dayo Wong. The additional footage enriches the story by delving deeper into the family background issues faced by Dayo Wong's character, Dominic Ngai.
The Last Dance continues to enjoy widespread acclaim following its original release in November, 2024. As of the date of the announcement, the Movie has achieved a global box office of US$50.7 million, becoming the highest-grossing Chinese-language film ever in Hong Kong history.
The Last Dance is also a clear front runner for various international film festivals, including:
1. The 43rd Hong Kong Film Awards - 18 Nominations
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250317607232/en/
The extended version of The Last Dance will feature an additional 15 minutes of footage, including new scenes with acclaimed actors Kaki Sham and Vincent Kok, as well as additional scenes of Catherine Chau and Dayo Wong. The additional footage enriches the story by delving deeper into the family background issues faced by Dayo Wong's character, Dominic Ngai.
The Last Dance continues to enjoy widespread acclaim following its original release in November, 2024. As of the date of the announcement, the Movie has achieved a global box office of US$50.7 million, becoming the highest-grossing Chinese-language film ever in Hong Kong history.
The Last Dance is also a clear front runner for various international film festivals, including:
1. The 43rd Hong Kong Film Awards - 18 Nominations
- Best Film
- Best Director
- Best Actor - Michael Hui
- Best Actress - Michelle Wai
- Best Supporting Actor - Tommy Chu
- Best Supporting Actor - Paul Chun Pui
- Best Supporting Actress - Rachel Leung
- Best Supporting Actress - Rosa Maria Velasco
- Best Screenplay - Chan Mou Yin Anselm, Cheng Wai Kei
- Best Cinematography - Anthony Pun
- Best Film Editing - William Chang Suk Ping, Curran Pang
- Best Art Direction - Yiu Hon Man
- Best Costume & Makeup Design - Lee Pik Kwan
- Best Action Choreography - Jack Wong Wai Leung
- Best Original Film Score - Wan Pin Chu
- Best Original Film Song - Composer, Lyricist, Vocal Artist: Terence Lam
- Best Sound Design - Yiu Chun Hin
- Best Visual Effects - Chan Tik Hoi Water
2. The 18th Asian Film Awards
- Best Original Music - Wan Pin Chu
3. Hong Kong Screenwriters' Guild
- Most Recommended Screenplay - Chan Mou Yin Anselm, Cheng Wai Kei
4. Hong Kong Film Directors' Guild Awards
- Best Actor - Michael Hui
- Best Actress - Michelle Wai
- Best Supporting Actor - Tommy Chu
5. The 31st Hong Kong Film Critics Society Awards
- Films of Merit
6. The 19th Edition of Asian Pop-Up Cinema
- Extraordinary Actors Award - Michelle Wai
7. The 16th Golden Lotus Awards (Macau International Movie & Television Festival)
- Best Director - Chan Mou Yin Anselm
- Best Actor - Dayo Wong
- Best Actress - Michelle Wai
8. The 61st Asia Pacific Film Festival
- Best Director - Chan Mou Yin Anselm
- Best Actress - Michelle Wai
- Best Film Editing - William Chang Suk Ping, Curran Pang
- Best Art Direction - Yiu Hon Man
9. The 39th Huading Awards
- Best Chinese Film and Television Actress-Michelle Wai
10. The 5th New Era International Film Festival Golden Flowering Awards
- Best Actress -Michelle Wai
About AMTD Group
AMTD Group is a conglomerate with core business portfolio spanning across media and entertainment, education and training, and premium assets and hospitality areas.
About AMTD IDEA Group
AMTD IDEA Group (NYSE: AMTD; SGX: HKB) represents a diversified institution and digital solutions group connecting companies and investors with global markets. Its comprehensive one-stop business services plus digital solutions platform addresses different clients’ diverse and inter-connected business needs and digital requirements across all phases of their life cycles. AMTD IDEA Group is uniquely positioned as an active super connector between clients, business partners, investee companies, and investors, connecting the East and the West. For more information, please visit www.amtdinc.com or follow us on X (formerly known as “Twitter") at @AMTDGroup.
About AMTD Digital Inc.
AMTD Digital Inc. (NYSE: HKD) is a comprehensive digital solutions platform headquartered in France. Its one-stop digital solutions platform operates key business lines including digital media, content and marketing services, digital investments as well as hospitality and VIP services. For AMTD Digital’s announcements, please visit https://ir.amtdigital.net/investor-news.
About World Media and Entertainment
World Media and Entertainment, jointly established by AMTD Group, AMTD IDEA Group (NYSE: AMTD; SGX: HKB) and AMTD Digital Inc. (NYSE: HKD), focuses on global strategies and developments in multi-media, entertainment, and cultural affairs worldwide. WME comprises L’Officiel, The Art Newspaper, movie and entertainment projects, collectively a diversified media and entertainment portfolio of global businesses, and a global portfolio of premium properties.
Safe Harbor Statement
This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about the beliefs, plans, and expectations of AMTD IDEA Group and/or AMTD Digital, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the filings of AMTD IDEA Group and/or AMTD Digital with the SEC. All information provided in this press release is as of the date of this press release, and neither AMTD IDEA Group nor AMTD Digital undertakes any obligation to update any forward-looking statement, except as required under applicable law.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20250317607232/en/
Contact
For AMTD IDEA Group:
IR Office
AMTD IDEA Group
EMAIL: ir@amtdinc.com
For AMTD Digital Inc.:
IR Office
AMTD Digital Inc.
EMAIL: ir@amtdigital.com
Source : AMTD Digital Inc.
MEDICAL KOREA 2025 TO SPOTLIGHT AI-POWERED HEALTHCARE, MEDICAL TOURISM
 |
| Medical Korea 2025 will take place at Coex, Seoul, from March 20 (Thu) to 23 (Sun), themed on ‘AI-powered Personalized Healthcare: Integrating into Our Daily Lives.’ (Image: Medical Korea) |
KUALA LUMPUR, March 19 (Bernama) -- Medical Korea 2025 (the 15th Global Healthcare & Medical Tourism Conference), will be held for four days beginning March 20, at Coex, Seoul, South Korea.
Hosted by the Ministry of Health and Welfare (MOHW) and organised by the Korea Health Industry Development Institute (KHIDI), the conference will be hosted under the theme ‘AI-powered Personalised Healthcare: Integrating into Our Daily Lives’.
According to a statement, the conference will serve as a platform to explore innovative cases of artificial intelligence (AI) integration into medicine, government policy directions, and strategies aimed at enhancing the global competitiveness of Korean healthcare.
In particular, this year’s forum is designed to ensure that the focal points of all sessions are linked to AI, in addition to establishing a new milestone for those involved in global healthcare.
The conference will be attended by globally renowned experts in AI healthcare who will deliver speeches across all six forums, starting from keynote speeches by Emory Healthcare and Emory University Chief Information and Digital Officer, Alistair Erskine, and Nanyang Technological University Professor Park Seung-min.
Healthcare professionals are expected to show significant interest in a forum that will discuss the introduction of AI in medical tourism, particularly by examining exemplary cases of Korea, the United States, European Union, United Arab Emirates, India, and Malaysia.
Alongside diverse forums, Medical Korea 2025 will host business meetings in two areas, namely medical tourism and global public healthcare procurement, involving relevant agencies in Korea and inviting International buyers.
In addition, a promotional exhibition will be held, featuring K-Beauty Zone, Medical Industry Zone, and Hospital Zone, which is expected to capture the interest of visitors from related industries.
-- BERNAMA
Monday, 17 March 2025
CHINA’S GCI GAINS MOMENTUM AMID RISING GLOBAL DIVISION
KUALA LUMPUR, March 17 (Bernama) -- China’s Global Civilization Initiative (GCI), proposed by President Xi Jinping two years ago, has gained increasing relevance amid rising global uncertainty, turbulence and division, according to an article by China Global Television Network Corporation (CGTN).
The article highlighted China’s efforts in implementing the initiative, emphasising its commitment to cultural diversity as a key factor in promoting global peace and stability, according to a statement.
GCI, introduced in March 2023, advocates respect for cultural diversity, the promotion of shared human values, the preservation and innovation of civilisations, and stronger international people-to-people exchanges.
State University of Rio de Janeiro Faculty of Economic Sciences, professor Elias Jabbour praised China's inclusive approach to diversity, which contrasts sharply with nations that enforce mass deportations and repatriations. He commended GCI for fostering coexistence among civilisations without imposing one nation’s values on another.
China’s commitment to intercultural dialogue was further recognised when the United Nations (UN) designated June 10 as the International Day for Dialogue among Civilisations, following a resolution proposed by China. Chinese envoy to the UN, Fu Cong, said the initiative aimed to refocus global attention on cultural understanding amid rising intolerance, extremism, and populism.
A CGTN survey of 15,574 people across 40 countries in March 2023 found that 80.3 per cent saw multiple civilisations as beneficial to global development, while 89.6 per cent called for greater dialogue and openness.
China has also promoted cultural exchange through international forums such as the World Conference of Classics, the Nishan Forum on World Civilisations, and the International Chinese Language Conference.
In cultural preservation, the Beijing Central Axis was listed as a United Nations Educational, Scientific and Cultural Organization (UNESCO) World Heritage Site in 2024, while the Chinese Spring Festival was added to UNESCO’s Representative List of Intangible Cultural Heritage.
China has also strengthened people-to-people exchanges, with student delegations from the United States visiting China under a pledge by Xi to invite 50,000 students over five years.
The country has expanded its visa-free entry policy to 29 countries, including France, Germany, and Italy, to facilitate cultural and tourism exchanges.
-- BERNAMA
The article highlighted China’s efforts in implementing the initiative, emphasising its commitment to cultural diversity as a key factor in promoting global peace and stability, according to a statement.
GCI, introduced in March 2023, advocates respect for cultural diversity, the promotion of shared human values, the preservation and innovation of civilisations, and stronger international people-to-people exchanges.
State University of Rio de Janeiro Faculty of Economic Sciences, professor Elias Jabbour praised China's inclusive approach to diversity, which contrasts sharply with nations that enforce mass deportations and repatriations. He commended GCI for fostering coexistence among civilisations without imposing one nation’s values on another.
China’s commitment to intercultural dialogue was further recognised when the United Nations (UN) designated June 10 as the International Day for Dialogue among Civilisations, following a resolution proposed by China. Chinese envoy to the UN, Fu Cong, said the initiative aimed to refocus global attention on cultural understanding amid rising intolerance, extremism, and populism.
A CGTN survey of 15,574 people across 40 countries in March 2023 found that 80.3 per cent saw multiple civilisations as beneficial to global development, while 89.6 per cent called for greater dialogue and openness.
China has also promoted cultural exchange through international forums such as the World Conference of Classics, the Nishan Forum on World Civilisations, and the International Chinese Language Conference.
In cultural preservation, the Beijing Central Axis was listed as a United Nations Educational, Scientific and Cultural Organization (UNESCO) World Heritage Site in 2024, while the Chinese Spring Festival was added to UNESCO’s Representative List of Intangible Cultural Heritage.
China has also strengthened people-to-people exchanges, with student delegations from the United States visiting China under a pledge by Xi to invite 50,000 students over five years.
The country has expanded its visa-free entry policy to 29 countries, including France, Germany, and Italy, to facilitate cultural and tourism exchanges.
-- BERNAMA
Friday, 14 March 2025
OBSERVO AI EXPANDS APAC PRESENCE WITH SIS TECHNOLOGIES DISTRIBUTION PARTNERSHIP IN SINGAPORE
SINGAPORE, March 12 (Bernama-BUSINESS WIRE) -- Observo AI, a leader in AI-powered telemetry data pipelines, today announced a strategic distribution partnership with SIS Technologies, a premier value-added distributor in Singapore. This collaboration will address the rapidly growing demand for advanced security and observability solutions in the Singapore market, where enterprises face unprecedented growth in telemetry data volumes.
Meeting Singapore's Expanding Data Pipeline NeedsSingapore enterprises are experiencing explosive growth in security and observability data, with volumes increasing as much as 35% year-over-year. This surge has created urgent demand for intelligent AI-powered data pipeline solutions that can help organizations manage costs while maintaining robust security postures. As a regional hub for finance, technology, and healthcare, Singapore businesses face unique challenges in optimizing their telemetry data for both operational and regulatory requirements.
"Singapore represents a strategic market for Observo AI's expansion in the APAC region," said David Young, Chief Revenue Officer at Observo AI. "SIS Technologies' deep expertise in cybersecurity and their strong customer and partner ecosystem make them the ideal partner to bring our AI-powered data pipeline solutions to enterprises across Singapore. Together, we'll help organizations tackle their most pressing observability and security data challenges."
SIS Technologies will distribute Observo AI's complete suite of AI-powered data pipeline solutions, leveraging its three decades of experience in cybersecurity, infrastructure, and networking technologies. This partnership will provide Singapore enterprises with local access to technologies that significantly reduce security and observability costs while enhancing incident response capabilities.
"We're excited to add Observo AI's innovative solutions to our cybersecurity portfolio," said Sam Chng, Managing Director at SiS Technologies. "The compounding growth of telemetry data is overwhelming traditional security and observability tools. Observo AI's technology addresses this challenge through intelligent, AI-driven optimization that delivers immediate value to our customers. Their approach aligns perfectly with our mission to provide cutting-edge solutions that drive business success for our partners and customers."
For more information about Observo AI's solutions, visit www.observo.ai/sandbox to start your personalized sandbox environment.
About Observo AI
Observo AI builds AI-native data pipelines to solve the most pressing observability and security challenges for enterprises in the AI era. Using Machine Learning, LLMs, and Agentic AI, Observo automates data optimization, reduces costs by over 50%, and accelerates incident response by 40%+. Observo helps enterprises focus on the signal, not the noise, ensuring scalability, security, and operational efficiency. Learn more at Observo.ai.
About SiS Technologies
As a value-added distributor, SiS Technologies not only provides a wide variety of IT products, but also offers comprehensive IT Consulting Services. We take pride in delivering business solutions through our partners to our customers, thus contributing to the proliferate success of their businesses. Our success relies on our passionate and visionary management team. Amongst the distribution arena in Singapore, SiS Technologies stands out as being deeply focused on Cyber Security, Infrastructure, and Networking technologies. Belted with over 30 years of experience and our deep knowledge of evolving IT landscape, complemented with our established reputation and exceptional personnel, we are confident in representing and delivering any worldwide products and IT solutions.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250311332912/en/
Contact
Media Contacts:
Steven Hua
SVP, Marketing, Observo AI
steven.hua@observo.ai
(408) 712-6982
Jason Leong
Head of Marketing, SIS Technologies
Jasonleong@sis.com.sg
+6598184110
Source : Observo AI
--BERNAMA
SWISSto12, Astrum Mobile To Launch Asia Pacific’s First Satellite-to-Device Platform
 |
| An illustration of SWISSto12’s agile HummingSat satellite, which enables a multitude of missions, including L-band direct to device communications from GEO. (Photo: Business Wire) |
KUALA LUMPUR, March 11 (Bernama) -- SWISSto12, a satellite manufacturer, has partnered with Astrum Mobile to deliver the first-ever Satellite-to-Device (S2D) platform in Asia Pacific.
This collaboration involves the development of the NEASTAR-1 satellite, based on SWISSto12’s compact HummingSat platform, which will be operated at geosynchronous position 105E to provide 5G Non-Terrestrial Network (NTN) services across the region, according to a statement.
SWISSto12 Chief Executive Officer (CEO) and Founder, Emile de Rijk expressed enthusiasm about the project, noting that the collaboration will demonstrate the power and versatility of S2D service through a compact satellite payload designed to enhance global connectivity.
Meanwhile, Astrum Mobile CEO, Sean Wallace said the upcoming launch of NEASTAR-1 has generated significant interest from customers and partners, underscoring the need for ubiquitous service access that aligns with national and commercial priorities.
Astrum Mobile's S2D service will utilise Third Generation Partnership Project (3GPP) NTN technology to support rich media streaming, data casting, Internet of Things (IoT) applications, mass notifications, and emergency alerts throughout Asia Pacific.
Designed to operate in the L-band with high power and resistance to severe weather disruptions, the service aims to provide uninterrupted connectivity during natural disasters such as typhoons, floods, and earthquakes. Standard smartphones and smart devices will be able to access the service without requiring additional hardware.
NEASTAR-1 is the fifth satellite in the HummingSat product line and will be equipped with reconfigurable beams to adapt to evolving market demands.
-- BERNAMA
Thursday, 13 March 2025
MELTWATER, NICE TEAM UP TO REVOLUTIONISE CUSTOMER SERVICE VIA AI-DRIVEN SOCIAL MEDIA
KUALA LUMPUR, March 13 (Bernama) -- Meltwater, a global leader in media, social, and consumer intelligence, has partnered with NICE, an artificial intelligence (AI)-powered customer service platform, to introduce Meltwater’s insights to the Contact Centre as a Service (CCaaS) market for the first time.
In a statement, Meltwater said this collaboration will enable enterprises to engage with customers in real time via social media, enhancing customer interactions, streamlining operations, and making data-driven decisions to improve customer satisfaction.
Meltwater Senior Vice President of Global Alliances and Partnerships, Doug Balut highlighted the significance of this partnership in entering the CCaaS market, emphasising that real-time social data will help brands respond faster and enhance the customer experience.
Meanwhile, NICE President, CX Division, Barry Cooper noted that this integration allows businesses to convert social interactions into valuable customer engagements, further enhancing their service efficiency and impact.
NICE, known for its AI-powered customer service software, supports enterprise organisations worldwide through its CXone Mpower platform. With this integration, NICE customers can leverage social media as a customer care channel, addressing a longstanding challenge faced by many contact centres in analysing social media interactions effectively.
The integration leverages Meltwater’s AI-powered technology, processing over three billion social engagements daily, and turns this data into actionable insights. This enables customer service teams to address issues in real time, reach broader audiences, meet service-level goals, and enhance customer experiences.
The key benefits include Meltwater’s world-class listening and filtering capabilities, advanced keyword filtering to analyse sentiment and engagement, a unified task queue to streamline interactions, and the ability to respond instantly on social media platforms.
-- BERNAMA
In a statement, Meltwater said this collaboration will enable enterprises to engage with customers in real time via social media, enhancing customer interactions, streamlining operations, and making data-driven decisions to improve customer satisfaction.
Meltwater Senior Vice President of Global Alliances and Partnerships, Doug Balut highlighted the significance of this partnership in entering the CCaaS market, emphasising that real-time social data will help brands respond faster and enhance the customer experience.
Meanwhile, NICE President, CX Division, Barry Cooper noted that this integration allows businesses to convert social interactions into valuable customer engagements, further enhancing their service efficiency and impact.
NICE, known for its AI-powered customer service software, supports enterprise organisations worldwide through its CXone Mpower platform. With this integration, NICE customers can leverage social media as a customer care channel, addressing a longstanding challenge faced by many contact centres in analysing social media interactions effectively.
The integration leverages Meltwater’s AI-powered technology, processing over three billion social engagements daily, and turns this data into actionable insights. This enables customer service teams to address issues in real time, reach broader audiences, meet service-level goals, and enhance customer experiences.
The key benefits include Meltwater’s world-class listening and filtering capabilities, advanced keyword filtering to analyse sentiment and engagement, a unified task queue to streamline interactions, and the ability to respond instantly on social media platforms.
-- BERNAMA
Wednesday, 12 March 2025
SALESFORCE TO INVEST USD $1B IN SINGAPORE OVER 5 YEARS
Salesforce pledges to invest in Agentforce, customer success, and workforce development
Salesforce launches more services on Hyperforce, allowing customers to securely deploy a deeply unified platform with Agentforce, Data Cloud and Customer 360 Applications, adhering to local data residency
Singapore Airlines and Salesforce collaborate on AI-powered customer service applications
SINGAPORE, March 12 (Bernama-BUSINESS WIRE) -- Salesforce, the world’s #1 AI CRM*, today announced plans to invest USD $1 billion in Singapore over the next five years, affirming a strong commitment to accelerate the nation’s digital transformation and Agentforce adoption.
Singapore is an important growth market for Salesforce as businesses increasingly embrace Agentforce to unlock new opportunities. This investment underscores Salesforce’s support for Singapore’s National AI Strategy 2.0 and the nation’s vision as a driver of global AI innovation.
Spurred by a USD $6 trillion digital labor market, thousands of customers around the world are investing in Agentforce, Salesforce’s digital labor platform, to build and deploy agents that can reason, decide, act, and drive meaningful outcomes 24/7. Singapore has been dealing with a slowing growth rate of the labor force, contributed by an aging population and declining birth rates. Agentforce delivers Singapore an opportunity to rapidly expand its labor force in many key service and public sector roles.
This investment will help support Singapore enterprises as they build limitless digital workforces, bringing humans together with trusted autonomous Agentforce agents to unlock new levels of productivity, innovation, and growth. As Agentforce adoption accelerates, it has the potential to drive significant impact across Singapore’s industries, startups, and the public sector.
Mr Jermaine Loy, Managing Director of the Singapore Economic Development Board said: "Singapore welcomes Salesforce's investment, which will boost our ongoing efforts to build a vibrant hub for AI innovation and adoption across our economy. Salesforce's initiatives in AI research and workforce development will strengthen our ecosystem by catalysing innovation for key industries and corporates based in Singapore.”
"We are in an incredible new era of digital labor where every business will be transformed by autonomous agents that augment the work of humans, revolutionizing productivity and enabling every company to scale without limits,” said Marc Benioff, Chair and CEO, Salesforce. “Singapore is at the forefront of this shift, and as the world’s largest provider of digital labor through our Agentforce platform, Salesforce is thrilled to expand our work with the business community and our longtime partners in the region to drive innovation, productivity and growth.”
Driving global Agentforce innovation from Singapore
Salesforce has been investing in Singapore for nearly two decades and has established a thriving customer base and partner ecosystem in the region. Customers of all sizes, including industry leaders like Singapore Airlines, Grab, M1, FairPrice Group, Ocean Network Express and PRISM+ are using Salesforce AI technologies to drive efficiency, enhance customer experiences, and unlock new revenue streams.
Singapore plays a crucial role in driving Agentforce innovation for Salesforce. In 2019, Salesforce expanded its AI Research team internationally, choosing Singapore as its first overseas AI Research hub location. Since then, the hub has significantly contributed to the global development of AI for the industry. This includes development of industry leading models such as multimodal language-vision foundation models (BLIP), and time-series foundation models (Moirai). The AI Research hub has contributed to product innovations such as AIOps Agents that help Salesforce achieve highest levels of site availability and in-house code LLMs for helping customers optimize their code for performance. Their work has resulted in over 100 research papers and patents being published.
This continued investment will not only drive Agentforce innovation through the research hub but also support Salesforce’s expanding customer base in the region.
In fact, Singapore Airlines and Salesforce today announced that the Airline is incorporating Agentforce, Einstein in Service Cloud, and Data Cloud into its customer case management system, enabling it to deliver more consistent and personalized service to its customers.
The two companies also plan to co-develop AI solutions for airlines at the Salesforce AI Research hub in Singapore, aiming to provide greater value and additional benefits to the industry.
Bringing local data residency for Agentforce to Singapore
Salesforce is expanding its services on Hyperforce, Salesforce’s trusted next-generation platform architecture, in Singapore to provide data residency for Data Cloud, Agentforce, and Unified Marketing Applications (UMA) by next month.
This will empower Singapore businesses to capitalize on Salesforce’s Agentforce and data offerings while adhering to local data residency regulations, an imperative for regional and global organisations in regulated industries such as the government, financial services or telecommunications. This helps align with data privacy regulations, enhancing data security and fostering trust among customers and stakeholders by demonstrating a commitment to compliance.
Salesforce first introduced Hyperforce in Singapore in 2021.
Building an Agentforce-ready workforce
Salesforce is refreshing its Singapore office with a new space to enable customers to transform their workforce with digital labour. The space will include Agentforce activations space and a demo pod to provide hands-on experience building and deploying trusted, autonomous AI agents through Agentforce. The new space will also be used for upskilling initiatives for the ecosystem of partners and the community.
Salesforce remains committed to investing in workforce development by upskilling in Agentforce, ensuring the workforce is equipped for the jobs of the future.
The company is partnering with Institutes of Higher Learning such as Singapore Management University, Institute of Technical Education, and Ngee Ann Polytechnic to equip students with in-demand CRM and AI skills through training and certifications, as well as connection to opportunities for employment in the Salesforce ecosystem.
Leveraging Trailhead, Salesforce’s free training platform, these initiatives equip individuals with the skills essential for thriving careers in the digital economy.
Salesforce commitment to giving back
An important part of Salesforce’s culture is the belief that business is the greatest platform for change, reflected in the company’s 1-1-1 model of corporate philanthropy, which dedicates 1% of the company’s equity, 1% of its employees’ time and 1% of its products to giving back. Over the last two decades, Salesforce Singapore and its employees have spent over 190,000 hours volunteering in their communities and giving over $2 million to non-profits and NGOs. Partners include Halogen Foundation and Waterways Watch Society. Movement for the Intellectually Disabled of Singapore, the Chinese Development Assistance Council and Dementia Singapore are some of the many non-profits in Singapore running on Salesforce.
About Salesforce
Salesforce helps organizations of any size reimagine their business with AI. Agentforce — the first digital labor solution for enterprises — seamlessly integrates with Customer 360 applications, Data Cloud, and Einstein AI to create a limitless workforce, bringing humans and agents together to deliver customer success on a single, trusted platform. Visit www.salesforce.com for more information.
*Salesforce is the #1 CRM, powered by AI technology and capabilities.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20250311727214/en/
Contact
pr@salesforce.com
Source : Salesforce
Salesforce launches more services on Hyperforce, allowing customers to securely deploy a deeply unified platform with Agentforce, Data Cloud and Customer 360 Applications, adhering to local data residency
Singapore Airlines and Salesforce collaborate on AI-powered customer service applications
SINGAPORE, March 12 (Bernama-BUSINESS WIRE) -- Salesforce, the world’s #1 AI CRM*, today announced plans to invest USD $1 billion in Singapore over the next five years, affirming a strong commitment to accelerate the nation’s digital transformation and Agentforce adoption.
Singapore is an important growth market for Salesforce as businesses increasingly embrace Agentforce to unlock new opportunities. This investment underscores Salesforce’s support for Singapore’s National AI Strategy 2.0 and the nation’s vision as a driver of global AI innovation.
Spurred by a USD $6 trillion digital labor market, thousands of customers around the world are investing in Agentforce, Salesforce’s digital labor platform, to build and deploy agents that can reason, decide, act, and drive meaningful outcomes 24/7. Singapore has been dealing with a slowing growth rate of the labor force, contributed by an aging population and declining birth rates. Agentforce delivers Singapore an opportunity to rapidly expand its labor force in many key service and public sector roles.
This investment will help support Singapore enterprises as they build limitless digital workforces, bringing humans together with trusted autonomous Agentforce agents to unlock new levels of productivity, innovation, and growth. As Agentforce adoption accelerates, it has the potential to drive significant impact across Singapore’s industries, startups, and the public sector.
Mr Jermaine Loy, Managing Director of the Singapore Economic Development Board said: "Singapore welcomes Salesforce's investment, which will boost our ongoing efforts to build a vibrant hub for AI innovation and adoption across our economy. Salesforce's initiatives in AI research and workforce development will strengthen our ecosystem by catalysing innovation for key industries and corporates based in Singapore.”
"We are in an incredible new era of digital labor where every business will be transformed by autonomous agents that augment the work of humans, revolutionizing productivity and enabling every company to scale without limits,” said Marc Benioff, Chair and CEO, Salesforce. “Singapore is at the forefront of this shift, and as the world’s largest provider of digital labor through our Agentforce platform, Salesforce is thrilled to expand our work with the business community and our longtime partners in the region to drive innovation, productivity and growth.”
Driving global Agentforce innovation from Singapore
Salesforce has been investing in Singapore for nearly two decades and has established a thriving customer base and partner ecosystem in the region. Customers of all sizes, including industry leaders like Singapore Airlines, Grab, M1, FairPrice Group, Ocean Network Express and PRISM+ are using Salesforce AI technologies to drive efficiency, enhance customer experiences, and unlock new revenue streams.
Singapore plays a crucial role in driving Agentforce innovation for Salesforce. In 2019, Salesforce expanded its AI Research team internationally, choosing Singapore as its first overseas AI Research hub location. Since then, the hub has significantly contributed to the global development of AI for the industry. This includes development of industry leading models such as multimodal language-vision foundation models (BLIP), and time-series foundation models (Moirai). The AI Research hub has contributed to product innovations such as AIOps Agents that help Salesforce achieve highest levels of site availability and in-house code LLMs for helping customers optimize their code for performance. Their work has resulted in over 100 research papers and patents being published.
This continued investment will not only drive Agentforce innovation through the research hub but also support Salesforce’s expanding customer base in the region.
In fact, Singapore Airlines and Salesforce today announced that the Airline is incorporating Agentforce, Einstein in Service Cloud, and Data Cloud into its customer case management system, enabling it to deliver more consistent and personalized service to its customers.
The two companies also plan to co-develop AI solutions for airlines at the Salesforce AI Research hub in Singapore, aiming to provide greater value and additional benefits to the industry.
Bringing local data residency for Agentforce to Singapore
Salesforce is expanding its services on Hyperforce, Salesforce’s trusted next-generation platform architecture, in Singapore to provide data residency for Data Cloud, Agentforce, and Unified Marketing Applications (UMA) by next month.
This will empower Singapore businesses to capitalize on Salesforce’s Agentforce and data offerings while adhering to local data residency regulations, an imperative for regional and global organisations in regulated industries such as the government, financial services or telecommunications. This helps align with data privacy regulations, enhancing data security and fostering trust among customers and stakeholders by demonstrating a commitment to compliance.
Salesforce first introduced Hyperforce in Singapore in 2021.
Building an Agentforce-ready workforce
Salesforce is refreshing its Singapore office with a new space to enable customers to transform their workforce with digital labour. The space will include Agentforce activations space and a demo pod to provide hands-on experience building and deploying trusted, autonomous AI agents through Agentforce. The new space will also be used for upskilling initiatives for the ecosystem of partners and the community.
Salesforce remains committed to investing in workforce development by upskilling in Agentforce, ensuring the workforce is equipped for the jobs of the future.
The company is partnering with Institutes of Higher Learning such as Singapore Management University, Institute of Technical Education, and Ngee Ann Polytechnic to equip students with in-demand CRM and AI skills through training and certifications, as well as connection to opportunities for employment in the Salesforce ecosystem.
Leveraging Trailhead, Salesforce’s free training platform, these initiatives equip individuals with the skills essential for thriving careers in the digital economy.
Salesforce commitment to giving back
An important part of Salesforce’s culture is the belief that business is the greatest platform for change, reflected in the company’s 1-1-1 model of corporate philanthropy, which dedicates 1% of the company’s equity, 1% of its employees’ time and 1% of its products to giving back. Over the last two decades, Salesforce Singapore and its employees have spent over 190,000 hours volunteering in their communities and giving over $2 million to non-profits and NGOs. Partners include Halogen Foundation and Waterways Watch Society. Movement for the Intellectually Disabled of Singapore, the Chinese Development Assistance Council and Dementia Singapore are some of the many non-profits in Singapore running on Salesforce.
About Salesforce
Salesforce helps organizations of any size reimagine their business with AI. Agentforce — the first digital labor solution for enterprises — seamlessly integrates with Customer 360 applications, Data Cloud, and Einstein AI to create a limitless workforce, bringing humans and agents together to deliver customer success on a single, trusted platform. Visit www.salesforce.com for more information.
*Salesforce is the #1 CRM, powered by AI technology and capabilities.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20250311727214/en/
Contact
pr@salesforce.com
Source : Salesforce
BITGET APPOINTS INTAE SONG AS THE CHIEF SALES OFFICER TO DRIVE NEW GROWTH OPPORTUNITIES
VICTORIA, Seychelles, March 12 (Bernama-GLOBE NEWSWIRE) -- Bitget, the leading cryptocurrency exchange and Web3 company, has appointed Intae Song as Chief Sales Officer, commemorating a key turning point in his tenure with the company. As one of the earliest employees at Bitget, Song has played a key role in shaping the exchange’s approach and is now a Business Partner at the firm. His appointment as the CSO comes at a time when Bitget is the fastest-growing CEX.
Song entered the cryptocurrency sector in 2017 as a personal investor, leveraging his background in investment to navigate the emerging digital asset landscape. In 2020, he joined Bitget in a sales role, where his market expertise and strategic vision contributed to the company’s expansion. Over the years, he has taken on multiple leadership roles, serving as Head of Sales in 2021 before transitioning to Business Partner in 2023. His appointment in 2025 signals a renewed drive to strengthen Bitget’s global presence, refine its competitive edge in the futures market, and expand its reach into emerging sectors of crypto trading.
"Over the years, Intae has played a huge role in shaping our strategy and driving our expansion. He has always been the go-to person when it comes to growth, and his consistent hard work and dedication to the company have truly set him apart. We’re excited to see him take on this new role as Chief Sales Officer, and I’m confident he’ll continue to help us scale even further and take Bitget to new heights,” said Gracy Chen, CEO at Bitget.
A key priority in his new role is to elevate futures trading as a key investment strategy on Bitget. The exchange has built a strong reputation in this segment, and Song aims to further establish it as the dominant force in the industry. Beyond futures, he intends to explore new growth opportunities in institutional-grade trading solutions, advanced risk management tools, and smart trading experiences tailored to both professional and retail users. His focus will also include deepening Bitget’s presence in key global markets, ensuring that the exchange remains adaptable to shifting regulatory landscapes and evolving user demands.
"When I first joined Bitget, it was a rising platform with immense potential. Today, it stands as a major force in the industry with over 100 million users, and the next stage of growth will require innovation, precision, and a relentless drive to push boundaries," said Intae Song, CSO at Bitget. "The futures market remains our strongest pillar, and my goal is to make it the undisputed leader. At the same time, there is immense potential in expanding our offerings for institutional traders, optimizing liquidity solutions, and creating a more dynamic trading environment. This is not just about growth—it’s about redefining what is possible in crypto trading," he added.
With Song at the helm of its sales strategy, Bitget is bound for another phase of expansion, strengthening its position as a major player in the cryptocurrency exchange landscape while venturing into new frontiers of digital asset trading.
About Bitget
Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.
Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.
For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
For media inquiries, please contact: media@bitget.com
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ae066d2c-ebe2-49b2-a5cd-476750f53310
SOURCE : Bitget Limited
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
Song entered the cryptocurrency sector in 2017 as a personal investor, leveraging his background in investment to navigate the emerging digital asset landscape. In 2020, he joined Bitget in a sales role, where his market expertise and strategic vision contributed to the company’s expansion. Over the years, he has taken on multiple leadership roles, serving as Head of Sales in 2021 before transitioning to Business Partner in 2023. His appointment in 2025 signals a renewed drive to strengthen Bitget’s global presence, refine its competitive edge in the futures market, and expand its reach into emerging sectors of crypto trading.
"Over the years, Intae has played a huge role in shaping our strategy and driving our expansion. He has always been the go-to person when it comes to growth, and his consistent hard work and dedication to the company have truly set him apart. We’re excited to see him take on this new role as Chief Sales Officer, and I’m confident he’ll continue to help us scale even further and take Bitget to new heights,” said Gracy Chen, CEO at Bitget.
A key priority in his new role is to elevate futures trading as a key investment strategy on Bitget. The exchange has built a strong reputation in this segment, and Song aims to further establish it as the dominant force in the industry. Beyond futures, he intends to explore new growth opportunities in institutional-grade trading solutions, advanced risk management tools, and smart trading experiences tailored to both professional and retail users. His focus will also include deepening Bitget’s presence in key global markets, ensuring that the exchange remains adaptable to shifting regulatory landscapes and evolving user demands.
"When I first joined Bitget, it was a rising platform with immense potential. Today, it stands as a major force in the industry with over 100 million users, and the next stage of growth will require innovation, precision, and a relentless drive to push boundaries," said Intae Song, CSO at Bitget. "The futures market remains our strongest pillar, and my goal is to make it the undisputed leader. At the same time, there is immense potential in expanding our offerings for institutional traders, optimizing liquidity solutions, and creating a more dynamic trading environment. This is not just about growth—it’s about redefining what is possible in crypto trading," he added.
With Song at the helm of its sales strategy, Bitget is bound for another phase of expansion, strengthening its position as a major player in the cryptocurrency exchange landscape while venturing into new frontiers of digital asset trading.
About Bitget
Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.
Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.
For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
For media inquiries, please contact: media@bitget.com
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ae066d2c-ebe2-49b2-a5cd-476750f53310
SOURCE : Bitget Limited
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
XSOLLA UNVEILS CUSTOMISABLE LOYALTY AS A SERVICE SOLUTION FOR GAME DEVELOPERS
KUALA LUMPUR, March 12 (Bernama) -- Xsolla, a global video game commerce company, has introduced a customisable loyalty as a service solution to help developers seamlessly integrate rewards into their games’ purchase flows.
In a statement, Xsolla said the solution enabled developers to enhance player engagement, retention, and recurring revenue by allowing users to earn and redeem points and also facilitates conversion of non-paying players while requiring minimal setup.
The loyalty programmes can be implemented across direct-to-consumer stores, web shops, and Xsolla Pay Station, ensuring a seamless checkout experience.
Xsolla Chief Strategy Officer, Chris Hewish said the solution allows developers to drive player retention, increase revenue, and strengthen player relationships while retaining full control over loyalty programme mechanics.
“While platforms are focused on building and maintaining their relationships with games, Xsolla is giving developers the tools to create personalised loyalty programmes for direct-to-consumer journeys,” he said.
Unlike third-party platforms’ programmes, Xsolla’s solution ensures developers maintain complete ownership of user data and relationships.
The programme is fully customisable, enabling developers to align loyalty point names, icons, and configurations with their brand identity and player behaviour.
Developers can incorporate features such as cashback rewards, loyalty points, cross-title loyalty programmes, and tier-based rewards, allowing players to redeem points for discounts, exclusive content, or partial payments.
Designed for easy integration via the Xsolla Publisher Account, the solution requires no coding and accelerates time-to-market. Developers using Pay Station can activate the feature with a one-click setup for their stores, in-game or in-app.
-- BERNAMA
Subscribe to:
Posts (Atom)