KUALA LUMPUR, March 21 (Bernama) -- The World Free Zone Organization (World FZO) will set up its Asia-Pacific headquarters at the Jiangdong New Area in Haikou, China.
World FZO director-general (China Office), Li Guanglian said the World FZO would support the development of China's free trade zones (FTZs), especially Hainan FTZ and Hainan free trade port by providing related services for governments, enterprises and investors. It will also support the development of China’s related industries, strengthen liberalisation and facilitation of bilateral investment, promote economic globalisation, and develop Haikou into the gateway for China's communication and cooperation with others. The Asia-Pacific headquarters will be the administration centre for the region, and will also deal with some businesses of the Dubai headquarters. It will develop the hub for international free trade, and attract the world's major FTZs and related enterprises to set up regional offices. A research institute on world free zones will be established to conduct research and provide training on free zones to establish standards for China's FTZs, as well as collect and compile data on China's FTZs. Registered in Geneva and headquartered in Dubai, World FZO has a profound global impact launched by 14 FTZs, including Shanghai Free Trade Zone and Dubai Airport Free Zone, according to a statement from The Municipal Government of Haikou City. The organisation has members from 100-odd countries and regions, and has established long-term and stable cooperation with many important international organisations, including the World Trade Organisation. -- BERNAMA
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KUALA LUMPUR, March 22 (Bernama) -- Japan’s Odakyu Group and its member companies in Shinjuku, Hakone, Enoshima and Kamakura have started the ‘2019 SAKURA Campaign’ in welcoming tourists from abroad from March 15 to April 21. According to Odakyu Electric Railway Co Ltd, the campaign is designed to ensure tourists worldwide will enjoy viewing cherry blossoms along the Odakyu lines such as at Hakone and Kamakura in Kanagawa Prefecture, whereby numerous cherry blossom-viewing spots are scattered along the lines. A campaign page has been placed on Odakyu Railway’s global website which carries information on cherry blossoms such as maps of cherry blossom-viewing spots in Chinese (simplified/traditional), English, Korean and Thai in real time. Campaign participants stand a chance to receive goods featuring cherry blossoms and hotel coupons if they post photos of cherry blossoms along the Odakyu lines and upload to their Instagram account or submit to the campaign website. Accommodation coupons for a couple, coming together with round-trip tickets for ‘Romancecar’ limited express trains and Hakone Freepasses will also be presented to the winner from among the campaign participants. Original novelty goods featuring cherry blossoms (chopsticks or paper fans) will also be presented to participants who show tablet computers or smartphones, showing photos of cherry blossoms that they already uploaded on designated websites at 12 locations along the lines. A passenger who buys ‘Hakone Freepass’, ‘Hakone Kamakura Pass’ or ‘Fuji Hakone Pass’ for adults at the Odakyu Sightseeing Service Center in Tokyo's Shinjuku Station will receive a 500-yen coupon that can be used at designated Odakyu Group facilities. For more information, contact https://www.odakyu.jp/english/springcampaign. -- BERNAMA PIVOT Fintech obtains Capital Markets Services licence from Monetary Authority of Singapore25/3/2019 KUALA LUMPUR, March 25 (Bernama) -- PIVOT Fintech Pte Ltd (PIVOT) has been granted a Capital Markets Services (CMS) licence by the Monetary Authority of Singapore (MAS).
The digital wealth management technology services venture is backed by Pintec Technology Holdings Ltd (PINTEC) and FWD Group. PIVOT’s CMS licence, which came after the recently published MAS Guidelines on the Provision of Digital Advisory Services on Oct 8, 2018, allows the company to offer AI-driven investment services directly to retail clients. PIVOT chief executive officer, Victor Lye said this significant Singapore milestone marked the start of PIVOT’s ambition to deliver innovative wealth management solutions in Southeast Asia. By integrating PIVOT’s proprietary risk profiling analytics and client on-boarding portal with PINTEC’s AI technology, PIVOT has developed its own end-to-end digital investment management service powered by machine learning AI. PIVOT’s consumer brand is ‘SquirrelSave’, which designs asset allocation solutions using AI-driven real-time model portfolios comprising Exchange-Traded Funds and 24x7 analytics, always managed according to the specified risk profile of each investor. “’SquirrelSave’ can address the risk management needs of existing investors and the unmet needs of the unserved and underserved, with professionalism, integrity, value, objectivity and transparency. “PIVOT’s entry into the consumer space with this CMS licence supports our vision of financial inclusiveness through constructive disruption and supports Singapore’s vision to be a fintech innovation hub,” said Lye. Strategically, PIVOT will bridge PINTEC’s extensive AI-driven experience in China and Singapore’s fintech development. A near-term goal is for PIVOT to train a local AI talent pool in collaboration with Singapore educational institutions. -- BERNAMA PIVOT Fintech obtains Capital Markets Services licence from Monetary Authority of Singapore25/3/2019 KUALA LUMPUR, March 25 (Bernama) -- PIVOT Fintech Pte Ltd (PIVOT) has been granted a Capital Markets Services (CMS) licence by the Monetary Authority of Singapore (MAS).
The digital wealth management technology services venture is backed by Pintec Technology Holdings Ltd (PINTEC) and FWD Group. PIVOT’s CMS licence, which came after the recently published MAS Guidelines on the Provision of Digital Advisory Services on Oct 8, 2018, allows the company to offer AI-driven investment services directly to retail clients. PIVOT chief executive officer, Victor Lye said this significant Singapore milestone marked the start of PIVOT’s ambition to deliver innovative wealth management solutions in Southeast Asia. By integrating PIVOT’s proprietary risk profiling analytics and client on-boarding portal with PINTEC’s AI technology, PIVOT has developed its own end-to-end digital investment management service powered by machine learning AI. PIVOT’s consumer brand is ‘SquirrelSave’, which designs asset allocation solutions using AI-driven real-time model portfolios comprising Exchange-Traded Funds and 24x7 analytics, always managed according to the specified risk profile of each investor. “’SquirrelSave’ can address the risk management needs of existing investors and the unmet needs of the unserved and underserved, with professionalism, integrity, value, objectivity and transparency. “PIVOT’s entry into the consumer space with this CMS licence supports our vision of financial inclusiveness through constructive disruption and supports Singapore’s vision to be a fintech innovation hub,” said Lye. Strategically, PIVOT will bridge PINTEC’s extensive AI-driven experience in China and Singapore’s fintech development. A near-term goal is for PIVOT to train a local AI talent pool in collaboration with Singapore educational institutions. -- BERNAMA KUALA LUMPUR, March 25 (Bernama) -- Carrier AquaEdge 19DV centrifugal chillers sold in the Asia Pacific region have achieved a cumulative cooling capacity of 42,000 RT since its launch in December 2016.
“We take pride in the efforts invested to develop the AquaEdge 19DV. As always, customer satisfaction determines a successful product,” said product manager, Commercial HVAC, Carrier, Asia Pacific, Tony Teng. The success of the AquaEdge 19DV relies on maintaining efficiency and reliability without compromising commitment to environmental efficiency through groundbreaking technologies. These technologies include the two-stage compressor and oil-free bearing system solution. With its excellent efficiency, performance and adaptability, this flagship product has stamped its footprint in more than 10 countries, including Malaysia, Singapore, Australia, China and India. AquaEdge 19DV is sought after by customers and serves a variety of segments such as data centres, hotels, hospitals, office buildings and commercial complexes. The product is founded by the inventor of modern air-conditioning, Carrier, which is the world leader in high-technology heating, air-conditioning and refrigeration solutions. More details at www.carrier.com -- BERNAMA |
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