GTJAI’s 'China Funds Festival' live broadcast discusses market trends, investment strategies31/10/2022 KUALA LUMPUR, Oct 28 (Bernama) -- Guotai Junan International Holdings Ltd (GTJAI) has announced its first launch of the “China Funds Festival”, inviting five leading Chinese fund companies in Hong Kong to participate in a live broadcast and discuss market trends and investment strategies with investors. The fund companies namely CSOP Asset Management, ChinaAMC Fund (Hong Kong), Bosera International, E Fund Management (Hong Kong) Co Ltd and Guotai Junan Asset Management (Asia). “This event not only brought together the strength of the Chinese asset management industry but also enhanced the understanding and interest of ordinary investors on professional fund investment,” it said in a statement. It reminded investors of the risks in participating in global market investments, assisting them in establishing a professional and prudent investment philosophy to set up medium and long-term wealth and asset preservation plans by combining their own risk preferences. “This fund festival will further unite the strength of major Chinese asset management companies in Hong Kong. Together we provide more comprehensive services to investors,” said GTJAI chief executive officer Qi Haiying. During the event, representatives from leading Chinese fund companies shared their investment insights with investors in the live stream, including the direction of asset allocation under the Fed's interest rate hike, global bond market and fund investment strategies. Based in Hong Kong, GTJAI is the market leader and first mover for the internationalisation of Chinese Securities Company, providing diversified integrated financial services. -- BERNAMA
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KUALA LUMPUR, Oct 28 (Bernama) -- Worksome, an external workforce management platform, has announced a major expansion into seven new markets, namely Germany, France, Australia, Singapore, Canada, Ireland and the United Arab Emirates.
In a statement, it said the move was made following the rising demand for sourcing and paying external workforces in new markets, and simplifying indirect supply chains that are unnecessarily complex. “With this expansion, we are taking big steps to allow our customers to operate a truly global external workforce compliantly. “We are excited to expand our in-house support and expertise even further for our clients operating around the globe,” said Worksome chief executive officer, Morten Petersen. In addition to the current solution which offers hiring and payments to freelancers in more than 150 countries, the market expansion will allow the platform to offer multilingual in-house support in additional time zones, and local compliance expertise and market knowledge. Worksome’s customers will benefit from further simplified, consistent processes across the globe when working with external talent, as well as the ability to share their contractor workforce internationally - with one cohesive overview at an executive level. The platform works with thousands of businesses globally, including Unilever, Novo Nordisk and Pepsi, and is based in Copenhagen, London, and New York. -- BERNAMA KUALA LUMPUR, Oct 27 (Bernama) -- MonetaGo and SWIFT have achieved an important milestone in the global fight against fraud and duplicate financing with the live launch of the Trade Financing Validation Service provided by MonetaGo over the global SWIFT network.
In a statement, MonetaGo said the service was the first third-party service in trade available through the SWIFT API channel. “For the first time in the history of trade finance, there is now a global standardised system to check duplicate financing. “The additional authentication services availed through the same system will provide greater assurance to lenders on the integrity of their financing transactions,” said MonetaGo chief executive officer Neil Shonhard. SWIFT wholesale payments and trade strategy head Shirish Wadivkar said the validation service is a great example of how MonetaGo’s API platform could be harnessed to provide a single solution to help banks tackle fraud and financial crime at the international level. The Trade Financing Validation Service’s live launch came after the successful completion of the pilot phase which saw the participation of 20 institutions on four continents, MonetaGo said. “The service can now be accessed by all the 11,000 plus institutions in the SWIFT network. “The participating institutions included some of the world’s largest trade finance banks, representing lenders in the US, the UK, Europe, Asia and Australia,” it added. MonetaGo said the trade finance industry has a natively global solution that is interoperable by markets, institutions and platforms, enabling financiers to catch and stop cross-border fraud with the launch of the validation service over SWIFT. MonetaGo provides the first-ever global solution to duplicate financing fraud in trade finance and is the world’s foremost provider of such technology to prevent both domestic and cross-border duplicate financing. -- BERNAMA International applications to business schools soared as domestic demand softened - GMAC survey29/10/2022 KUALA LUMPUR, Oct 27 (Bernama) -- Total applications to graduate business schools dipped from the pandemic-level spikes, slipping 3.4 per cent year-on-year among a matched sample of programmes, according to the Graduate Management Admission Council (GMAC) survey report.
The GMAC 2022 Application Trends Survey revealed that this comes after application volumes increased 2.4 per cent year-on-year in 2020 amid the start of the pandemic and sustained that level of demand in 2021 when schools reported a 0.4 per cent year-on-year increase. As the pandemic’s effects on mobility lessened this admissions cycle, however, international applications saw a remarkable rebound, particularly for those applying to programmes in the United States (US). Most US programmes reported international application increases, especially full-time two-year MBA programmes (80 per cent of programmes) and STEM-designated programmes (61 per cent). “Similarly in Europe, most MBA programmes either saw stability or more applications from abroad this year,” GMAC said in a statement. The survey also revealed that applications to business master’s programmes ticked up, riding the wave of international interest. Global applications to business master’s programmes — including master in management, master of finance, and master of data analytics — grew year-on-year by 3.2 per cent. In addition, Asia has retained more talent in-region while Canada experienced a reverse in application trends. Business schools in the Asia region were able to attract otherwise mobile candidates during the pandemic, while Canadian programmes saw significant drops in both domestic and international applications. The survey was conducted between July and September with application figures submitted by 950 programmes of 264 business schools in 33 countries worldwide, aiming to examine the rapidly shifting landscape of demand for graduate management education programmes. An annual survey in its 24th year, the 2022 study reflected perhaps the end of the pandemic-disrupted years and offers insight into how the post-pandemic market may take shape. -- BERNAMA KUALA LUMPUR, Oct 27 (Bernama) -- Prestige Biopharma group, comprised of Prestige Biopharma Limited and Prestige Biologics Co Ltd, announced that it will be appearing at CPhI Frankfurt 2022 on Nov 1-3, at Messe Frankfurt, Germany. The Prestige group will showcase its latest antibody drug pipeline and innovative CDMO service at a large-scale independent booth, according to a statement. At the booth, clients and visitors are invited to take part in the experience zones and a transparent OLED display will be exhibited to highlight the EU-GMP certified facility and 154,000 liters of global-scale production capacity of Prestige Biologics in South Korea. “We are excited to provide an inside look into Prestige Biopharma group at CPhI 2022 and are looking forward to having meaningful partner discussions. “We will be introducing our capabilities for development and manufacturing of antibody and vaccine therapeutics, to support our partners to bring life-saving medicines to the patient,” said head of global business development of Prestige Biopharma, Dr Michael Ruppert. The Prestige group looks forward to the on-site collaboration with biopharmaceutical partners at CPhI Frankfurt 2022. Prestige Biopharma group will continue to pursue ‘innovation for life’ in every area which is the group’s business purpose, while ensuring corporate DNA, innovation, efficiency and agility, to ultimately create a difference for humanity. More details at www.prestigebio.com. -- BERNAMA |
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